08-AUGUST 05-2020

                                                                           Good morning.
Marketing Plan_2As discussions in Washington continue and a potential deal is becoming more of a reality, the market may be signaling the lack of real impact of the stimulus.  The rally in gold is an indication of the weakness in the U.S. dollar with the glut of deficits that are about to pile up.
The rally in Treasuries is an indication of the lack of real growth generated by the spending. Putting the two together, it’s not as bullish as the movement in the S&P 500 looks.

Now here’s the rest of the news:

Maximize Your Returns as Crypto Goes Mainstream  —Eric Wade, editor, Crypto Capital
The next crypto bull market is coming…
Governments around the world are using unprecedented money-printing to keep their economies afloat.  This is eroding faith in government currencies… and pushing people to look for alternatives.
The industry is also attracting an array of new buyers.  Over the past few years, some of the biggest names in the world have driven and invested in crypto-related projects… such as Visa, Facebook, and JPMorgan Chase.
In other words, we’re seeing more interest in cryptocurrency than ever before.  The industry is on the verge of going mainstream.
And while we wait for the next bull market, there’s a way to grow your wealth significantly…
You see, cryptos have always been a speculative investment.  But cryptos have steadily been moving away from pure speculation…  And now, many of them are income-producing assets.  Bitcoin, stablecoins, and many other cryptos can create cash flows for you.

August 05, 2019

We Can All Learn from this Analogy

Different PerspectiveBeing off course doesn’t mean we are wrong or bad.  It’s just information that we can use to make a correction.
Many of us use computers.  When we don’t get the results we want, we often blame the computer.  But usually the problem is not in the hardware; it’s in the programs or in the instructions we give it.
The computer can be flawless, but if the instructions are faulty, the intended outcome will be undesirable.  Although we may get frustrated with computers and with ourselves for errors, it’s counterproductive to blame the system or ourselves.
Like computers, we humans often run programs (belief systems and strategies) which result in failure.  We frequently make ourselves wrong for being less than perfect.  We berate ourselves for our mistakes or don’t admit our mistakes because that would mean we’re bad.  We spend huge quantities of emotional energy in s justifying or feeling guilty rather than looking for different approaches that will bring success.  To overcome adversity, we must redirect this energy in better ways.

Self-invalidation is a Debilitating Disease

It keeps us from accomplishing much that we would attempt if we weren’t so afraid of failing — of being wrong.  More is lost from not doing something than from trying and failing.  The price of doing nothing is high.  The money you don’t make is more than the money you may lose.
As Robert Schuller asks, “What great thing would you attempt if you knew you couldn’t fail?”  It’s worth serious contemplation because, in fact, there is no failure.
Like Edison, view your errors as part of the process of success.  If you learn to embrace them and use them, they can become your tools instead of your enemies.

“Honest criticism is hard to take, particularly from a relative, a friend, an acquaintance or a stranger.” —Franklin P. Jones

Sometimes IT IS good to get a different perspective.  😉

August 05, 2017

The first thing you should do when you start any new business, is focus on bringing in cash.

Sounds obvious right?  Of course you should focus on getting customers and making some cash.  But so many people waste time creating logos, getting business cards made up, going out and buying stationery, or doing other ‘busy things’ that don’t directly bring in the critical ingredient you need to grow; things’ that don’t directly bring in the critical ingredient you need to grow; cash.  Don’t spend days watching video or reading books and blogs without implementing the things you’ve learned.  All that falls under the category of ‘getting ready to get ready.’  My rule of thumb is that for every hour you spend learning, go spend 3 hours doing.  Learn as you go, and don’t be afraid to make mistakes.  And if you feel like there’s too many things to learn, then focus on the things that will bring in money right now.  Learning to place ads and generate traffic is a lot more important than learning how to design a logo or improve your technology.  Until you make money, you can’t do much else to grow your business.

“Remember your job is to find a great offer and put people in front of it.”

REW

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