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5 Essential Must-Have Skills To Succeed As An Entrepreneur

Any entrepreneur can earn considerably well from owning a firm if things go well. Still, they also take on a significant level of risk—far more than a typical employee of the business. This entrepreneurial risk can take many forms, including financial risk, career risk, emotional risk, and overall business risk.

Because there is so much at risk when it comes to the beginning and maintaining a successful business. There are very particular talents that every entrepreneur should have to be successful. We’ve highlighted five of them below.

1. Communication

Every entrepreneur must have excellent communication abilities. Whether a person is a lone founder or the CEO of a Fortune 500 company, they must be able to communicate effectively with all stakeholders and potential stakeholders who have an impact on the company. An entrepreneur must communicate effectively with workers, investors, customers, creditors, colleagues, and mentors.

If an entrepreneur cannot explain the value of their product, it is doubtful that the business will be successful. They must also be proficient in all modes of communication, such as one-on-one and in-person interactions, group discussions, written communication, and email or internet messaging.

2. Sales

Develop entrepreneur skills in sales. The soft skill of sales is inextricably linked to the communication skills necessary for success. As an entrepreneur, a person must be able to sell everything and anything. A business person must have the skills to sell the idea to potential investors, the product or service to customers, and oneself to employees.

An entrepreneur who can effectively communicate is better positioned to promote their original ideas and products. Entrepreneurs are accustomed to being the first salespeople at their numerous businesses. These selling skills are necessary to demonstrate value to all stakeholders, both inside and outside the company.

3. Focus

Attention is a crucial one among the numerous must-have characteristics for an entrepreneur. The road to success as an entrepreneur is fraught with ups and downs. There are highs from triumphs and lows from disappointments. A successful entrepreneur must be able to focus on staying on track when things become difficult.

This skill is also known as thinking with the end in mind. Regardless of the difficulties an entrepreneur faces, a successful entrepreneur has the attention required to keep steadfast sight of the final objective and drive himself to achieve it.

4. Curiosity

A healthy curiosity has always been the most exemplary business talent. This will prompt you to investigate what your rivals are doing and use new technology to simplify your business and even reach out to new clients. When your only limitation is what you can envision and apply, almost anything is conceivable.

5. Strategy For Business

While a competent and successful entrepreneur must have developed a successful firm, business planning is the fifth most essential talent that every entrepreneur should have. Entrepreneurs frequently attain success in their firms by sheer force of will.

An entrepreneur may develop a company plan on the fly by using good communication skills, sales abilities, a keen focus, and a sense of curiosity. However, while establishing and expanding a firm, the structure and development plan must be founded on strong business sense and talents. Among the traits of successful entrepreneurs, business strategy is a must.

Final Words

These are the top qualities of a successful entrepreneur. While there is no perfect formula for becoming a successful entrepreneur, those who do tend to have mastered the following set of skills: excellent and effective communication; the ability to sell both themselves and their idea or product; strong focus; curiosity to learn, and be flexible; and a solid business plan.

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Billionaire Elon Musk Reaches Game-Changing $44 Billion Deal To Buy Twitter

CNN confirms that Twitter has decided to sell itself to Elon Musk, the world’s richest man in a whopping $44 billion deal.

Musk apparently made an offer to buy Twitter (TWTR) and take it private, believing that the company needs to be “transformed.” He recently purchased 9.2% of Twitter stock making him the largest shareholder in the company.

The mega-deal, which was reportedly approved by Twitter’s board, is expected to get finalised this year. Musk revealed last week that he has $46.5 billion in financing to acquire one of the world’s most influential social networks, which apparently forced Twitter’s board to seriously consider the offer. T

CNN confirms that under the terms of the deal, shareholders will receive $54.20 in cash for each share of Twitter stock they own, matching Musk’s original offer and marking a 38% premium over the stock price the day before Musk revealed his position in the company.

“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a recent statement. “Twitter has tremendous potential — I look forward to working with the company and the community of users to unlock it.”

Twitter stock was reportedly up by nearly 6% following the announcement of the mega-deal, floating around $51.84. The deal is pending approval from shareholders and regulators.

Editorial credit: Rokas Tenys / Shutterstock.com

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Netflix Loses A Massive $50 Billion In Value After A Massive Stock Drop

Shares in the streaming giant Netflix went down by as much as 35% plummeting to its lowest point since January 2018 after it revealed a massive drop in subscribers and anticipate millions more are set to quit as per BBC.

BBC confirms that the loss wiped more than $50bn off the company’s market value prompting Netflix to crack down on password sharing.

Although Netflix remains the world’s leading streaming service with more than 220 million subscribers, BBC reports that it was losing customers to rivals, while struggling to expand due to password sharing.

In a note to its shareholders, Netflix wrote: “Our revenue growth has slowed considerably as our results and forecast below show. Streaming is winning over linear, as we predicted, and Netflix titles are very popular globally. However, our relatively high household penetration – when including the large number of households sharing accounts – combined with competition, is creating revenue growth headwinds.”

The note further said: “While we work to reaccelerate our revenue growth – through improvements to our service and more effective monetisation of multi-household sharing – we’ll be holding our operating margin at around 20 percent. Key to our success has been our ability to create amazing entertainment from all around the world, present it in highly personalised ways, and win more viewing than our competitors. These are Netflix’s core strengths and competitive advantages. Together with our strong profitability, we believe we have the foundation from which we can both significantly improve, and better monetise, our service longer term.”

Michael Hewson, an analyst at CMC Markets said, “Netflix’s wider problem, along with the rest of the sector is that consumers don’t have unlimited funds and that one or two subscriptions is usually enough.”

“Once you move above that something has to give in a cost-of-living crisis, and while Netflix is still the market leader, it doesn’t have the deeper pockets of Apple, Amazon, or Disney, which makes it much more vulnerable to a margin squeeze.”

Photo by cottonbro

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5 Crucial Ways To Lead A Business Through Crisis

Running a business is already a psychologically complex undertaking under normal conditions. Taking the helm during a moment of crisis and uncertainty, on the other hand, is a whole different ballgame. The Covid-19 epidemic was the type of disaster that may rock the global economy. The sort compels corporate executives to reconsider and rethink our entire strategy for dealing with a catastrophe.

Unfortunately, for many, this procedure seemed more like an autopsy, with you gazing back in regret at what you wished you had done differently. Others were luckily able to eke out a living but are fully aware that drastic adjustments are required. For the business leaders, the previous two years weren’t without their worries; however, the following five tips for leading a business through a crisis will help you.

1.    Keep The Core Intact

A good leader in a crisis will definitely keep the core intact. When the entire economic impact of the epidemic became clear, many businesses promptly furloughed or lay off personnel to save money. If a crisis occurs and the first question your employees have is, “Will I still have a job next week or next month?” they will not be focused or involved in the problem-solving effort.

If your organization conducts onboarding and hiring well — that is. Suppose you invest time and money finding individuals who are a good fit for your company culture. It would help if you acknowledged this as your most valuable asset. If you work in a service-oriented industry, such as the event industry, you understand that the experiences your employees create for your clients are everything.

2.    Deliver Consistently

Even though many obstacles and causes are beyond their control, the most exemplary leaders manage a crisis and accept personal responsibility in every situation. They coordinate team attention, develop a culture of accountability, and build new measures to assess success.

As a business leader, you must be aware of and connected with a daily dashboard of priorities. Leaders should record their top five goals clearly (on half a page or less) and ensure that those above them are on the same page. Examine performance against those things regularly — if not daily, then at least monthly — and ensure that leaders communicate this information with direct reports. At the end of each day or week, go over and update your “hit list.”

3.    Adapt Bravely

Strong leaders anticipate, respond to changing situations, and effectively lead through a crisis. They seek feedback and information from various sources, are not embarrassed to confess their lack of knowledge, and bring in outside experts when necessary. You and your leaders should do the following:

  • Determine what you will not do. Put a stop to primary activities and costs, and prioritize ruthlessly. Make your “what not to do” decisions public.
  • Toss out the playbook from yesterday. The past acts that drove outcomes may no longer be applicable. The most outstanding leaders adapt fast and devise new strategies.
  • Improve (or create) direct linkages to the front lines.

4.    Participate To Make A Difference

No job is more vital than taking care of your employees during a crisis. Influential leaders are aware of their team’s conditions and diversions. Yet, they find methods to engage and encourage their team members by clearly and completely delivering vital new goals and information.

This aspect demands particular emphasis since, while the COVID-19 epidemic is, of course, a health problem, it has also triggered a financial crisis. In this time of continual and intense change, your leaders must constantly reiterate new goals to maintain sustained alignment.

It would help if you interacted with specific team members to lead through a crisis. Reach out to at least five people daily for a “pulse check”; set out a time on the calendar to do so. First, relate on a personal level, and then focus on the job.

5.    Get Prepared To Reallocate Resources

Identify unnecessary costs and programs in various functional areas that might be reduced to save capital and resources during a crisis. Evaluate and identify the significant business drivers and the sales and lead generating areas that are truly pushing the needle.

Prepare to eliminate laggards and underperforming projects while reallocating resources to the stallions that provide the most returns. Everything, large and little, is tracked and managed. Know your numbers and handle them with vigor. Concentrate on critical and consider delegating, automating, or eliminating anything else.

Final Thoughts

Consider taking these actions while leading a business through a crisis; we believe you’ll come out stronger and better positioned as a consequence. As a leader, you must navigate new and shifting priorities with little response time. Small efforts in support and coaching may go a long way toward increasing the effectiveness of your leaders.

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Meet The Entrepreneur Behind The Cover Of The April 2022 Issue Of Global Millionaire: Cal Evans

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Cal Evans is an award-winning international cryptocurrency lawyer. He is the managing associate of Gresham International, a US Securities Consultant with a wealth of experience working in top law firms in both California and London as well as the founder of Fortune Wallet.

Cal undertook advanced IT at a junior college and received the top AVCE recognition award before undertaking his undergraduate in law. He eventually passed law school in England specializing in business and corporate law. In 2015 Cal undertook his certificate in financial markets with Yale – he is considered one of the leading individuals on Cryptocurrency and Crypto Raise Compliance. Few people have the technological, legal, and financial expertise needed to tackle the cryptocurrency market and Cal certainly is one of those rare individuals. He has experience working with companies across the globe, including some of the largest tech companies, during his time working in California.

Global Millionaire Magazine recently caught up with Cal to discuss his journey as an entrepreneur, and here’s what went down:

Could you please tell our readers a brief background about yourself and how you started your business?

I started Gresham International back in 2015. The truth is that I was broke, living with a good friend, and had to move back to the UK to be closer to my mum, who was sick. I decided that I honestly had nothing to lose at that point in my life, so I should just roll the dice and start my own firm.

As things grew, I realised that having flexibility was a great thing. I could focus more on clients, meet their needs a get more involved than if I was just working for another firm. It’s amazing the stamp that you get to put on something when you build it yourself.

I can remember the first time I was able to give my friend ‘rent’ money. It was only a couple hundred pounds, but I earned those hundred pounds from my company. It was a great feeling.

Prior to setting up Gresham International, I worked at a California law firm. It was a great time. I finished my training with a small law firm and was preparing to take the bar when I had to move back to the UK. That time in California exposed me to real startup life if there is such a thing. Meeting so many amazing entrepreneurs also drove me to set up my own firm.

What are you currently doing to maintain/grow your business?

Gresham has an amazing industry name in the Crypto space. We have offices in multiple countries, and I love the team we have grown! The real benefit of our industry position is that most folks have heard of either me or us (probably both). Growth feels very organic at this point in time.

With the Crypto industry going so crazy, with so many new avenues, we’re not short on new clients. Actually, the opposite. We are now focusing more on strategic clients such as RadioShack, BabyDoge, CEEK, etc.

Don’t get me wrong; we love startups and new clients entering the market. The only problem is that as the number of them has grown, our test for them has too. Sometimes, it’s better to be kind to someone, highlight some flaws in their ideas and give them some steer, rather than just take their money!

We forecast some pretty awesome growth this year, focusing more on larger strategic clients.

What social media platforms do you usually use to increase your brand’s awareness?

Instagram is a heavy hitter for me. I have to balance between my personal image as an industry expert and the corporate one.

A couple of years ago, I decided to focus more on myself as an expert than as a company regarding social media. The reason being, is that most people don’t really have ‘brand’ loyalty, but they can develop ‘personal’ loyalty.

As a result, I have about 14,000 followers on Instagram and a large following on LinkedIn too. I actually think our corporate social media is dormant at the moment, given the change in strategy.

I have hardly ever used Twitter. I have a real personal issue with how Twitter treats its users and Jacks’ ever-changing view on Crypto.

What is your experience with paid advertising, like PPC or sponsored content campaigns? Does it work?

Honestly, no. PPC Campaigns are a thing of the past. They also get beaten by bots if they work out you have paid for engagement.

Our marketing focuses more on ‘in person’ events, especially with my speaking reputation. I would much sooner spend money at an event meeting, people, than hoping people click on our website.

What is your main tactic for making more people aware of your brand and engaging your customers? How did your business stand out?

Marketing is very tough in the crypto industry. Especially being a legal service firm. The whole social media scene is full of fakes, bots, and spam. My social media accounts are constantly being cloned, and these clones reach out to my followers in an attempt to steal money.

As a result, my main tactic is to do as much face-to-face work as possible. In an industry full of so much ‘fakeness’ it’s easy to hide behind an email. Conferences, events, and speaking are all the main ways of generating interest and meeting people.

Of course, we keep the corporate side of things up with a solid website and some social media presence. The engagement of that definitely shows an intention to be in the industry.

What form of marketing has worked well for your business throughout the years?

In-person marketing has worked the best. Getting to events and conferences and meeting with people.

There are so many lawyers claiming to be ‘blockchain believers’ or ‘crypto captains’ – the minute I see a tag line like that on anyone’s social media, I switch off. It’s obvious they are full of crap. You see the same people at events worldwide, the real titans of industry. They recognize each other, and usually, meeting them shows your commitment to the industry.

My dad ran a very successful business for years. He once told me that we could put a sign out the front of the office, saying our services are free, but no one would come in if no one needed them. The reality is to realize that in any service industry, you are outnumbered, and it could all end at any time. We keep that philosophy. As a result, our marketing is nimble, and we try to be as out-the-box thinking as possible.

What is the toughest decision you had to make in the last few months?

I recently moved to a new location, which was well away from what I would consider the ‘hustle and bustle’ of city life. I went from London to California to where I am now. To say it was a culture shock is an understatement.

Like many, during COVID, I realised that I don’t NEED to be in the middle of everything.

My main worry was that being so far away would impact my work and client relationships. My aim was to become more focused on things that I could help develop and build the company and better service our clients.

I think it has paid off. I have the ability to strike a much better work/life balance and enjoy what I do so much more. Not that
I didn’t enjoy it before! It’s just when you work long days; it’s hard to find time for yourself often.

What money mistakes have you made along the way that others can learn from (or something you’d do differently)?

I made a lot of mistakes—both personally and professionally. However, I wouldn’t do a thing differently. I believe those mistakes helped shape who and what I am. I would say the same to anyone else. Mistakes are as much a part of life’s journey as the wins. Embrace them as you do a win, and everything balances out.

If you are looking for one personal money mistake? I definitely sold some of my Crypto holdings WAY too early. However, I can never see that as a bad thing. I spent the money on stuff I needed!

What new business would you love to start?

It’s actually starting! Fortune Wallet is something I have been working on for several years. Filing the patent, fighting for trademarks, developing strategy. I just got the first valuation back at $10million, a pretty great starting point for a new company.

The wallet is essentially the best wallet you will ever use. Think of a Venmo or PayPal style app which allows users to remit Crypto easily to each other, using a really cool method. That system is patented.

Watch this space!

If you could go back in a time machine to the time when you were just getting started, what would you do differently?

Honestly, nothing. Except probably buy more Bitcoin.

What is the best advice you have ever been given?

I took a lot of influence from my dad. I think most young men do, although they wouldn’t admit it. My dad has always been very pragmatic in life; a simple problem, a simple solution.

I also read a lot of books by industry leaders. I try to get as much information from them as I can while reading between the editing lines.

The best advice I was ever given, was honestly to just try things. There is only one way to find out is something I have lived in business and personally. You can plan, plan, plan, but there is no substitute for just trying and seeing how it goes at the end of the day. Maybe that’s one of the reasons I wouldn’t change anything about my past. If I had an idea, I tried it. If it didn’t work, I moved on.

What advice would you give to a newbie Entrepreneur setting up their first business?

Just go for it. Don’t over plan. Don’t overthink. I promise you everything you think of will be different from how you originally planned it. You can never plan for every possible outcome, and you can’t predict the future.

Richard Branson is famous for saying, ‘if someone asks you if you can do it, just say yes, then work out how to do it when you need to’. Sure, that doesn’t work if you are a pilot, but it’s a great way to grow and adapt if you are starting a business. Don’t say no to something just because it doesn’t fit in your business plan. Grow along with your business and the opportunities life gives you.

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Billionaire Elon Musk Once Lived On Just $1 A Day

 

Do you think you have what it takes to sacrifice like a bonafide entrepreneur?

If you think you have what it takes, then try limiting your spending to just a dollar a day for an entire month- because that’s exactly what Elon Musk once did when he was a 17-year-old college student at Queen’s University in Kingston, Ontario.

Talking to Neil deGrasse Tyson in a 2015 interview on the podcast StarTalk he said, “My threshold for existing was pretty low… So I figured I could be in some dingy apartment with my computer and be okay and not starve.”

The CEO of SpaceX and Tesla tried this experiment to determine whether he could really live spending so little on food. Turns out, a $30 CAD monthly grocery budget was enough to get by.

“You sort of just buy food in bulk at the supermarket,” he stated, though he admits that “you get really tired of hot dogs and oranges after a while.” So he started getting into Pasta and green peppers as well.

Please note that this experiment happened a while back, and Musk warns against trying this experiment in this day and age. “I would not encourage anyone to live on $1 a day,” he told Business Insider. “That would not be super fun. Also, I did this back in 1990, so a dollar went a lot further back then. Would be much harder to do that today.”

Editorial credit: Kathy Hutchins / Shutterstock.com

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5 Surefire Ways Property Managers Help Add Value To Investments

Some new property investors get tempted to scrimp on property managers, shopping around for the cheapest option they can find or even trying to do it all themselves. But almost all seasoned and successful investors agree that a great property manager is worth their weight in gold.

In this article, we explore what it is that a property manager brings to the property investing equation and how they can protect your asset and help you maximise your returns over both the short and long term.

Why use a property manager?

A common misconception is that a property manager’s duties are limited to simply collecting the rent on your behalf. While it’s true that rent collection is one of the fundamental tasks they perform, it’s really only a small part of what they do.

The reality is that property is an active investment and one that involves ongoing management and involves some degree of risk. A property manager helps alleviate some of the burdens by making sure the day-to-day is taken care of and that risks are minimised.

Here are some of the ways they do just that.

1. Property managers will work to keep vacancies to a minimum

One of the main responsibilities of a property manager is to find tenants whenever the property is likely to become vacant. This includes advertising the property, holding open inspections, screening applications, and negotiating terms with tenants.

But the best property managers take don’t just do the minimum here. They do everything they can to make sure the property is leased, holding inspections outside of regular hours, and longer inspection times if they need to, to make sure as many prospective tenants see it as possible.

Finding the right tenant for your property can be an onerous job. Done well, it can also be a skilled one. That’s because there’s more to it than simply securing any tenant. You need to secure the best tenants – the ones most likely to take care of your property, give you the fewest headaches and pay the rent on time for the long term.

A good property manager will be well attuned to the signals and context and will do the right research to know exactly which tenants are best for your investment.

2. Property managers are strategic advisers

Speaking of which, there may be times when you have multiple rental offers on the table. So which do you choose? A property manager will be able to advise you based on their research, their knowledge of the market, their experience with tenants, and the reference checks they perform.

But a property manager’s strategic advice doesn’t end when they’ve found your tenants. They’ll also advise you on what type of lease to sign, what conditions to include, how long your lease should be for, and – most importantly – what rent to ask for. They’ll do this based on their knowledge of the market and where it’s headed so that you maximise your income and minimise your pain.

They can also advise you on depreciation schedules and even help you put together a long-term property plan.

3. Property managers will help maintain your property

In an investment property, small maintenance issues, if not resolved, can accumulate over time and have a big impact on your finances. A good property manager will help notice these and correct them before they get out of hand. For instance, a small leak in a bathroom may go unnoticed by your tenant but could eventually lead to water damage and mould problems.

A property manager who knows what to look for is likely to spot the problem early, saving you thousands in the longer term. They’ll also usually organise the trades you need to repair anything efficiently and with a minimum of disruption to your tenants and your income.

Through regular inspections, a property manager will also help make sure that your tenants are looking after your investment. And, if they’re not, they can help rectify that, using their negotiation skills to let the tenant know what’s expected of them and how they need to improve or resolve any issues.

4. Property managers guide you through the rules and regulations

There are many rules and regulations governing the landlord/tenant relationship and getting them wrong can be an expensive exercise. For instance, a tenant has certain rights when you give notice of inspections or increase the rent. On the other hand, landlords have rights too, especially when it comes to the tenant ending the lease and the condition in which they need to leave the property.

A property manager can help you make sense of these so that you avoid unnecessary risk.

5. Property managers help you maximise your return on investment

Cashflow management is one of the most important factors in property investing, especially for first-time investors. At a minimum, you need to make sure you’re covering your mortgage each month and that your investment doesn’t result in ongoing financial stress.

But to really grow your wealth you also want to be confident that you’re maximising your returns and minimising your outgoings. A property manager can do both. Helping make sure your investment delivers a strong yield in both the short and long term so that your cashflow runs smoothly and your rental return remains high.

If you’re looking to grow a property portfolio a property manager can also advise you on your next move, using their knowledge of the market to single out properties with potential for capital growth. They can also advise you on the right time to consider acquiring a new property and help you understand what it means for your day-to-day finances as well as for your future wealth.

In short, a property manager can save you time and money, helping you make the most of your current investment while using their expertise in the property market to ensure you do everything you can to maximise your wealth in the long-term wealth too.

Source: The Property Investors Alliance

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Meet The Serial Entrepreneur Behind The Cover Of The March 2022 Issue Of Global Millionaire: Meeta Vengapally

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Notoriously known for founding and successfully exiting a fitness and tech platform Garnysh, Meeta Vengapally has made a place for herself as an investor, advisor, and Board of Director in the business world. The woman serial entrepreneur is also a writer and Top Influencer in the industry noted by Forbes and momager to Winston and Sitara Vengapally. Recently she was also seen at the judges’ table for the Ms. California Pageant. Highly sought-after by wide genres, including tech, lifestyle, fashion, and beauty companies, this self-made multi-millionaire continues to pave the path and inspire women and men. As of 2022, Meeta’s net worth is reportedly estimated at 10 million.

Meeta also holds an M.S. in Psychology, and she wrote her thesis on mindfulness which has been published and is currently available on Google Books. She has continued to write about women in business and current social issues for major publications. Because of her status and influence, she has been featured in top-tier publications such as Forbes, MSN, Entrepreneur, BuzzFeed, Thrive Global, Inc among others. As a top influencer, she has also worked with several high-profile brands such as Kat Von D, Sephora, Elizabeth Arden, Pixi, and many others.

Meeta’s entrepreneurial roles include being an investor and part of the Board of directors to several Silicon Valley startups and several global companies. Most of her time is split juggling between being an entrepreneur and managing her kids Winston and Sitara, who happen to be actors.

Global Millionaire Magazine recently caught up with Meeta to discuss her journey in the industry, and here’s what went down:

Could you please tell our readers a brief background about yourself and how you started your business?

I’m known as the founder and CEO of a fitness and tech company formerly known as Garnysh, which was acquired right before the pandemic. I’m also recognized as one of Forbes’ Top 5 Social Media Influencers. Currently, my entrepreneurial roles include being an Investor and part of the Board of directors to several Silicon Valley startups as well as some global companies. Most of my time is split between doing that and managing my kids Winston and Sitara, who are actors.

What are you currently doing to maintain/grow your business?

To be honest, I’m currently in a balancing act game, trying to manage everything on my plate. But even so, the entrepreneurial spirit stays open to any new opportunities, ideas, and projects. I am grateful for my team to tackle everything that directly correlates to my focus, drive, and undying desire to do it all.

What social media platforms do you usually use to increase your brand’s awareness?

Mostly Instagram and Facebook, but I have to admit that social media sometimes needs to be on a snooze mode to stay focused.

What is your main tactic for making more people aware of your brand and engaging your customers? How did your business stand out?

Authenticity and openness to failure go a long way. I learned that in the initial days of my business. Staying original to the idea, no matter how big or small I think, leads to the roadmap of the business. Then it’s a matter of taking small steps daily, which eventually become part of the big picture. I believe my business’ uniqueness was how we approached our initial customers. We built a product purely based on our beta testers’ feedback. I failed and pivoted, then failed and pivoted, and just kept going through this cycle until one day, our platform crashed due to too many orders. That was a true a-ha moment in the face of panic.

What form of marketing has worked well for your business throughout the years?

We didn’t spend anything on marketing. Part of our vision is to be face to face with our customers. This is probably not the fastest or the quickest way to scale at mass levels, especially when you are just starting with limited team members. However, it was very important to me to start local, gain feedback from the get-go, and have a personal touch.

What is the toughest decision you had to make in the last few months?

Saying no to opportunities due to too much going on. Because I’m directly managing both of kids’ acting careers, I’ve had to make some choices to make room for this adventure.

What money mistakes have you made along the way that others can learn from (or something you’d do differently)?

I wouldn’t call it a mistake per se, but I do understand one thing which I think some people can benefit from. You don’t need to spend a lot of capital when starting out. And another huge trend I noticed as a new founder and now as an investor is that people ask for funding too soon in the game. We don’t invest in ideas; we invest in proof of concept and the team. I am humored when the wannapreneurs try to “pitch me” their idea but have nothing to back it up with.

What is the best advice you have ever been given?

You will never influence the world by being just like it.

What new business would you love to start?

I would love to contribute to the mental health space. I’ve always had a passion for it, so I’m currently pursuing my Ph.D. in Psychology. I don’t know about business, but I would like to give back by doing what I can in that space.

If you could go back in a time machine to the time when you were just getting started, what would you do differently?

I’d change my narrative and the self-talk. I’d love to have seen me get started sooner than I did without ever doubting myself or my drive.

What advice would you give to a newbie Entrepreneur setting up their first business?

Outgrind, outwork, outhustle everyone and look at your competition as your inspiration for improvement.

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Revealed: The Celebrity Car Collections Worth Up To $350 Million

New research has revealed the famous faces with the most expensive car collections in the world, with Ralph Lauren owning the most valuable car collection after royalty!
The team at Bill Plant Driving School has analyzed estimated values for celebrity car collections – from the Sultan of Brunei to Messi and Floyd Mayweather Jr. The research also looked at the most desired car collections, by annual Google searches.
The Sultan of Brunei, Hassanal Bolkiah, is the owner of the largest car collection in the world: a total of over 7000 vehicles with an incredible value of $5bn! Although, it has long been rumored that many of his prized, rare wheels have been sold or abandoned following some financial troubles.
Coming in second place is fashion mogul Ralph Lauren, owner of a $350 million car collection ranging from exotic hypercars to vintage race cars. The collection includes several rare models: a 1962 Ferrari 250 GTO, McLaren F1 LM, 1929 “Blower Bentley” 4½ Liter, a 1930 Mercedes-Benz SSK “Count Trossi” (aka “The Black Prince”), and a Lamborghini Reventón Roadster, to name a few.
Most valuable celebrity garages:

Rank

Celebrity

Value

1

Hassanal Bolkiah

$5bn

2

Ralph Lauren

$350m

3

Lawrence Stroll

$185m

4

Jay Leno

$150m

5

Jerry Seinfeld

$100m

6

David Letterman

$50m

6

Lionel Messi

$50m

8

Manny Khoshbin

$30m

9

Floyd Mayweather Jr

$25m

10

Ian Poulter

$24m

The research also looked at the celebrity car collections that people desire the most, and found that Cristiano Ronaldo’s cars register the second highest number of google searches.
Jay Leno owns the most desired collection: around 286 vehicles, including some of the last remaining models of vehicles such as the Duesenberg Model X and Chrysler Turbine Car. He also has his own TV show called ‘Jay Leno’s Garage’.
Elon Musk and Jeff Bezos are in third and fourth place, with 49,200 and 46,500 Google searches respectively. Bill Gates’ collection also makes it to the top 10!
Most desired celebrity garages:

Rank

Celebrity

Annual Searches

1

Jay Leno

175,500

2

Cristiano Ronaldo

112,000

3

Elon Musk

49,200

4

Jeff Bezos

46,500

5

Kylie Jenner

43,800

6

Ralph Lauren

38,500

7

Hassanal Bolkiah

36,100

8

Jerry Seinfeld

35,700

9

Bill Gates

34,800

10

Lewis Hamilton

31,200

This article was sourced from a media release sent by Olivia Smith of Digitaloft
Editorial credit: Michael Cola / Shutterstock.com
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The Big Reason Sydney’s Residential Property Will Be The Winner In This Pandemic

By: Justin Wang

At the beginning of the COVID-19 outbreak, I said that Sydney’s residential properties will become the winner out of this epidemic. This confidence is based on my long-term research and unique understanding of Sydney’s real estate market, and it is based on the “PIA investment philosophy” that I have concluded over the years. I always have great confidence in Sydney’s residential property market. In 2004 and 2005, whilst many people were pessimistic about the market, I said that there was no problem with Sydney’s residential market. The problem was that we lack an understanding of Sydney’s residential properties. During the Global Financial Crisis in 2008, the value of real estate assets in the United States fell by 30% and by more than 20% in the UK. Many international institutions, including the International Monetary Fund, predicted that Sydney’s residential property would suffer the same decline, yet I held the opposite view. And I was right.

The impact of the COVID-19 on the economy is unprecedented. So, why am I still confident in the Sydney residential property under the current circumstance?

The epidemic will have an impact on all assets, however, some will resist the negative impact based on the characteristics of the assets.

One of the characteristics of Sydney residential assets is that the character is mainly based on the internal factors of supply and demand and high development costs. The residential asset is less dependent on other external factors. So when external factors negatively impact the economy, the Sydney residential assets always stand out in the crowds.

The value of Sydney’s residential properties, or their ability to withstand price drops, depends on two demands. One is housing demand and the other is investment demand.

Regardless of the development of the epidemic, people still need housing. When people cannot go to the office to work or have food at restaurants, housing becomes even more important.

Although border closure and the rising unemployment rate will have a certain impact on the demand for housing and rental affordability, 95% of the demand for housing is still there, and it is still very strong. The NSW Government has recently decided to spend 500 million dollars to buy residential properties from private developers to meet the needs of society. Although this is not enough, at least we can see from the government’s action that residential properties are still in short supply.

The second demand for housing is investment demand. I said earlier that the residential properties in Sydney are Noah’s Ark of wealth. The Bible records that when the flood came, the righteous Noah escaped the disaster using Noah’s Ark. Under the trend of economic downturn and wealth loss, we cannot expect wealth to grow. We shall learn how to preserve our wealth first.

In judging whether an asset is suitable as a carrier of our wealth and to ensure the longevity of our family wealth, we need to consider the following aspects: 1. Whether the ownership is permanent; 2. Whether the asset can maintain its value; 3. Whether the asset can appreciate. 4 Whether the asset can generate passive income.

Those assets are quite limited and examples of those assets are cash, stocks, shares, gold, collection, etc.

Cash has permanent ownership, but it cannot appreciate or maintain its value. Under normal circumstances, it will depreciate due to inflation. Normally cash deposits can generate income by gaining interest. However, when the epidemic caused an economic downturn, the interest rate kept dropping to a record low level. If the global epidemic cannot be controlled, the interest rate will remain low for a long time, we may even see a negative interest rate. If a person has a deposit of $ 2 million in the bank and the interest is 3%, then he can live with $ 60,000 per year. If the deposit interest drops to 0.5%, the interest will suddenly become $ 10000 which is not enough for him to live. If he wants to maintain his living standard, he has to make good use of the principal. From this perspective, the cash had devalued. Governments all over the world are borrowing heavily to issue more money, resulting in a huge deficit. Who will make up for this black hole? The easiest method for governments is through the depreciation of the existing cash deposits. On top of that, some people say that the world’s debt will be paid by the entire generation. This means that the interest is likely to remain low for a long time.

For stocks, it’s needless to say, not only may the stock price fall, but we may not expect to receive any dividends in the near future either. However, a lot of public companies may go bankrupt, then the value of their stocks will become zero. Not even mentioning return, stocks can’t even guarantee ownership.

Though trading stocks are shares issued by publicly listed companies, companies that are not publicly listed and their shares can face the same issue too.

We say the collection market flourishes when times are good because everyone has money. Now that everyone has no money, many companies can no longer survive anymore, and life can not be carried on in the same way. Under this circumstance, the collections naturally will not appreciate. The collections are merely embellishments of economic prosperity unless they have significant value to human heritage and history. 

What about gold? I have never advised people to invest in gold. Though the ownership of gold can be guaranteed, it cannot be preserved, appreciated, and it cannot generate passive income.

What about real estate? Commercial real estate, retail real estate, and tourism real estate are already facing problems. And the problem will not get too much better after the epidemic. Because the epidemic has changed the way we work and consume. The longer the epidemic drags on, the bigger and stronger this change will be, and the world will not be the same again. E-commerce and the home office has already become a trend. This epidemic has made these changes come faster and more thorough. So in the foreseeable future, the world no longer needs that many offices and retail stores. For the shops and offices that lost their tenants during the epidemic, it will be difficult for them to find the same rental demand as before. It will take a long time to find new ways to use those office buildings and shops.

No matter what happens in the world, people must have a home. When the border was closed, some people could not enter the country. But for people who remain in the country, they must have a home.

Residential property as a form of real estate will never lose its advantage. As its ownership is permanent, and its living function will never disappear. Because of the epidemic, people may choose to order food online, shop online, or work online, but those activities need to be done at home, so the value lost in commercial properties is being transferred to the residential properties. From this perspective, the residential property has gained a new utility value because of this epidemic.

When disaster strikes, no one can escape its impact, so does Sydney’s residential property market. Many people worry about whether this epidemic will affect their rental income. The impact will definitely be there, but even if it does, it will not affect Sydney’s housing market being the winner in the wealth race.

Interest on long-term deposits is less than 0.5% p.a only.

The yearly return on government bonds is only 0.75%.

Stock dividends can not be counted on at all,

Business operations are very difficult.

Only Sydney’s rental market has a return of 2.5-3% after deducting 1% of outgoings. Even if the vacancy rate rises to 6%, which is double the historical average vacancy rate, the rental return rate can still reach 2.35-2.5%. This is still considered a good return compared to other investments.

If we see Sydney’s residential property as an asset, not only we need a stable rental income, we also want capital growth. There are five Don’ts in PIA’s business philosophy. One of them is not to make subjective judgments on the market. Here I will not say when the house price will grow back and how much it will grow. But here we can give you a few tips and, you can think for yourself.

1. Under immense financial pressure, the residential housing prices in Sydney have not fallen so far.

2. Two of Australia’s major construction and real estate industry associations have joined forces to lobby the government to provide tens of billions of dollars to support property development. The reason is not just to stimulate the economy, but responding to real demands.

3. The government has started to discuss canceling stamp duty to stimulate residential property sales. Although the sales of off-the-plan properties are not good at the moment, we are not seeing a significant drop in land prices. On the contrary, because of the epidemic, and the stricter building standards set out by the government, the construction cost has begun to rise. If the land price does not fall, and the construction cost increases, there is no room for property prices to fall.

4. Although it is estimated that net immigration will decrease in the future due to the epidemic, the facts may be on the contrary. Some people currently living overseas with an Australian permanent residency visa will return to Australia because of Australia’s ability to keep the epidemic under control. In addition, as Austliaa built upon immigration, increasing immigration is the best way to solve the crisis and revitalize the economy. This happened in the past, so it will happen this time. The only difference is that this time only the high net worth immigrants who create job and investment opportunities will be welcomed. Those who are only there to get welfare payments or do low-end jobs will be kept out.

5. News from today says the Government is considering priority entry of international students into Australia.

Because international students will not only affect Australia’s education export industry they will also boost the real estate market again.

When the government announced the mandatory closure of multiple industries, it was specifically mentioned that the construction industry will be business as usual. When easing the restrictions, the open home inspection is among the first batch of restrictions that have been lifted…..

I personally feel that the prosperity of Sydney’s residential property market will come sooner than most people think, and the real estate industry will recover faster than many other industries.

Some people say that living through this COVID -19 is like being through a world war. Then you may wish to take a look at the historical data on and how property prices in Australia have risen right after the First World War and the Second World War.

The above is just my personal opinion for your reference only.

Disclaimer: the above article contains information about PIA and the investment philosophies of its founder and MD, Justin Wang. The information and material are purely for information and general marketing. In reviewing this document you acknowledge and accept that no representation or warranty in any way whatsoever and howsoever is meant or intended in or from any information or material appearing at any time and you do not rely on such. Persons reading this document should always rely on their own independent advice and judgment, and further in making any inquiry with PIA or its employees the enquirer may not rely on any statement whether in writing or verbally made by any members of PIA unless PIA confirms in writing.

Source: PIA

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Entrepreneur Spotlight: Get To Know Brock Murray, The Co-Founder Of Digital Marketing Agency Seoplus+

Brock Murray is the co-founder of Seoplus+, a Canadian digital marketing agency serving clients globally. He started the business in 2012 as a web design and online marketing firm that evolved into a full-service digital agency.

Brock also kicked off Seoplus+ with a friend and business associate, Eddy Abounehme. They had worked together previously in IT, and they partnered up to create a web design firm. They didn’t know where it would go, but with Eddy’s mentorship and advice and Brock’s digital marketing skills, they saw the potential of growing their business to be a leader in their industry.

Global Millionaire Magazine recently caught up with Brock to discuss his journey as an entrepreneur, and here’s what went down:

When did your entrepreneurial flair first reveal itself?

Since I was a young child, I remember having an entrepreneurial spirit. I come from a family of entrepreneurs – my aunt, uncle, and grandfather all had their own businesses. This gave me the insight and opportunity to help them in their business, all the while setting the stage for me to do the same.

Even at the young age of 9, my sister and I created AMBRO’s community newspaper (Amanda + Brock). She would write articles about anything from the Spice Girls to the Ottawa Senators to book reviews, and I would go door-to-door around the neighbourhood to sell issues and pitch local businesses to have their business cards included in our issue. 

Coincidentally my sister Amanda is the General Manager at seoplus+, so we have continued the trend of creating content and helping local businesses in our community.

How did your life look like before being an entrepreneur?

Before being an entrepreneur, I worked for many businesses in various roles. I did everything from telemarketing (cold calling), media (cameraman and audio technician) for local sports teams, for a local IT firm, as well as doing freelance web design for customers in various industries. 

As an entrepreneur, what is it that motivates and drives you?

The thing that motivates me the most is helping people. Nothing is more rewarding than hearing from a business owner or marketing team that I have helped them grow their business. That ties directly into our company mission to make life better for our team and our clients.

In one word, describe your life as an entrepreneur and explain why.

Growth.

It’s all about growth – both personally and professionally. You need to grow as an individual, looking for ways to improve and keep up with trends and opportunities. As a business, if you aren’t growing, you are dying. At times it can be uncomfortable, but this is when you are truly growing. So be comfortable with being uncomfortable.

What were your top three motivations for starting your business?

My top three motivations for starting a business were: 

(1) Following my passion. I love digital marketing, and I couldn’t imagine doing anything else.

(2) To be my own boss. Being a Leo, I am a natural leader, and I always wanted to lead a team.

(3) Control my destiny. I always envisioned being a part of something big, which would give me freedom later in life.

What would you say are the key elements for starting and running a successful business?

The key elements for starting a business are:

  1. Have a plan. Conduct market research and be real about the opportunity, so you don’t fly blind.
  2. Build an amazing team. Have a strong vision, mission, and values that your team can get behind. Build a strong culture and get buy-in to ensure company success.
  3. Know your strengths and leverage them. Everyone has strengths and weaknesses, so be sure to look for ways to make the most of your strengths and have others care for areas where you aren’t as strong.

8) What are three biggest challenges you have faced growing the business and how did you overcome them?

The three biggest challenges I faced in growing the business were:

  1. Building predictable revenue. Initially, we launched as a web design firm. This was a challenge as web projects are typically a one-time/project-focused revenue model versus recurring. We wanted to create a predictable, recurring revenue model that would allow us to grow consistently while having the cash flow to fuel that growth. So we pivoted to create a new brand and service offering that allowed us to do just that.
  2. Creating demand. When I started the business, I had very few connections – my business network was very small. I had to find a way to create demand for a service (SEO) that many businesses didn’t even know existed. They most certainly didn’t have the budget for it. I started by leveraging any contacts I did have, attended networking events, got involved in the community, and bit by bit, was able to get bigger and bigger clients by being a trusted resource for businesses.
  3. Building a strong culture. Roughly five years into the business, we had a rough patch with staff turnover. For a company of approximately 15 people, we lost about 5 in about a month. At first, I took it personally. Where did I go wrong? What did I do? The biggest thing was the lack of clarity and communication around our mission, vision, and values. We then clearly defined these, lived them out daily, and included them in everything we did. I committed to leading by example – day in and day out. This was a turning point in our business, and we haven’t looked back since.

What form of marketing has worked well for your business throughout the years?

What is beautiful about our business is we practice what we preach. Our core service offering is SEO, so we led with just that and dominated locally first (for terms like “SEO Ottawa”) and eventually ranked for national terms (“SEO Services”, “SEO Canada”), which generated countless business opportunities for us. At this point, we generate a ton of referral business – where our clients refer their associates to us. We care deeply about our clients, and we always go the extra mile.

As you grew the business, what have been some of the most important leaderships lessons you have learned?

The most important leadership lesson I learned in business is always to evaluate challenges with the “people versus process” question. If there is ever an issue, problem, or challenge, always ask: was the issue related to a (broken) process or people (problem). Typically managers/owners tend to look at the people first versus asking how we can fix the process to protect the employee and the customer. When you make incremental improvements to your processes, this helps improve the customer experience, enabling you to scale your business and helps protect your employees.

What is the best advice you have ever been given?

The best advice I ever received in business was to read Jeffrey Gitomer’s Little Red Book of Selling

The book taught me to win business by being a trusted expert, network myself, the business of being a thought leader and around personal branding. It’s not who you know; it’s who knows you.

This helped push me to deliver presentations at industry events and attend networking events, which took a ton of energy but has paid dividends over the years.

What advice would you give to a newbie Entrepreneur setting up their first business?

The advice I would give to a newbie entrepreneur setting up their first business is to follow your passion. Being a business owner is a rollercoaster. The highs are high, and the lows are low. When you are following your passion, this helps you through the tough times. I am a huge fan of the quote, “Choose a job you love, and you will never have to work a day in your life.”

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High Rises Vs Houses: What’s Better For You?

With house prices constantly soaring and populations growing rapidly in major cities, apartment living seems to be the way of the future. Our busy, fast-paced lifestyles have meant that the dream of owning a house in the suburbs is transitioning to feature a high-rise building instead.

In addition to these factors, it helps that apartments these days offer a broad range of benefits that you don’t have in a traditional house. People are increasingly gravitating towards apartments from lobbies that rival expensive, five-star hotels to communal pools and gyms.

Here are just a few reasons why this is happening in your city.

Apartments offer a unique lifestyle and affordability options

Apartments tend to create more of a community feel than houses do since you’re in the same building with anywhere from a handful to hundreds of other residents. Most apartment complexes also come with communal outdoor areas, which are great for relaxing and socializing. Additionally, since apartment living is generally concentrated in city centers, there’s always something happening right on your doorstep. Not to mention the transport and shopping convenience that living in close proximity to a city would offer.

Most notably, apartments are usually significantly cheaper than purchasing a house, making the lifestyle more accessible to a broader cross-section of the community.

Major maintenance and amenity convenience

Apartments tend to have a lot less maintenance work attached to them than houses do. Green spaces tend to be smaller and more basic; oftentimes, professional maintenance staff are paid for using strata fees and they handle all the gardening and upkeep. No mowing and cleaning mean that you get to save a lot of time and energy.

In addition to maintenance convenience, apartment complexes often come with facilities such as pools, roof decks, entertainment rooms, and gyms. Still, some newer developments will even offer pet-sitting, laundry, childcare, and car washing services. What better way to meet neighbors and make the most out of the place you live?

Security and peace of mind

Unlike a conventional ground house, an apartment offers a lot of security. At the very least, you’ll need a key to get in through the security doors, but some newer developments offer concierge and keycards, similar to a hotel. Access to lifts and amenities is also limited to residents only, and CCTV monitors many apartment complexes. Whatever your reason for wanting that extra security, apartment living can offer you peace of mind.

If apartment living sounds like a future you’d want to be a part of, PIA can help. They offer a wide range of rental properties in Sydney, purchase and investment options – including off-the-plan projects.

This article was sourced from the Property Investors Alliance

Photo by Max Vakhtbovych from Pexels

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Meet The Entrepreneur Behind The Cover Of The February 2022 Issue Of Global Millionaire: Carl Runefelt

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There is no shortage of wealthy people in today’s world, but a few special minds have changed their fortune miraculously. Where contemporary entrepreneurs struggle to gather thoughts and strategies with plans of progress with half or full decade stages – Carl Runefelt has done wonders in just a few years; it is a tale worth narrating. There are very few smart people around us. These smart brains made it possible in less time, with minimum effort compared to others, and the only thing that makes them unique is being perceptive and modern about their method toward their goals.

Founder of The Moon Group, Carl Runefelt is an entrepreneur, motivational speaker, and philanthropist. The Moon Group is a group of companies in the cryptocurrency space. Currently, his establishments are working on numerous projects to increase the adoption of crypto into the mainstream economy using blockchain technology, not just financial markets.

Carl is most known for his success on YouTube and his huge following across all social media platforms. He has the largest crypto analysis channel on the platform and is one of the biggest Twitter personalities in the crypto space, with over two million followers across social media. Runefelt is the fifth most influential person in the crypto industry, according to Hackernoon.

In an exclusive talk with The Global Millionaire, Runefelt said, “The power of my social platform has greatly assisted my abilities to bring mass awareness to crypto and showcase individuals on how they can use crypto to better their lives, just as it did for me. It’s a great way to reach and impact others.”

Carl said, “My net worth has exploded in the past 3 years due to my 350 plus investments in crypto start-ups, my yield farming strategies, and the increase in the valuation of all my crypto companies. My goal for the end of this year is to be among the top 100 wealthiest people globally, making me the youngest person on that very list. I’m the founder of multiple companies, and Kasta is one of the companies I co-founded. Kasta is a payment solution; it enables us to make crypto payments instantly and for free. Kasta will help mainstream the adoption of crypto which aligns with one of my long-term goals”.

Twenty-seven-year-old Runefelt mentally transformed himself into a person. From where he was to where he is and now to where he’s headed. It’s been a shift of mindset and approach towards life. Self-belief and optimism about the future provided him with the enthusiasm, courage, and strength required to go through the barriers. The entrepreneur dropped out of school early because he was unable to concentrate due to Attention Deficit Disorder (ADD). He started working in a grocery store to make a living. During that time his daily routine consisted of working at the store and sitting at home watching YouTube videos but essentially being unproductive. He realized he needed a change because if he continued to live like this he’d never have the life of his dreams. More than anything, Runefelt wanted to do something that would make his parents proud.

Talking to The Global Millionaire, he said, “When I was working as a cashier in a grocery store, I was watching luxury content on YouTube and Instagram of successful billionaires; this inspired me. I was so motivated by watching these people with their Bugatti’s and expensive watches that it helped me visualize my dream life; it helped me to get where I am today. Now that I am in the same place as the people I watched back then, I want to give back, that’s why I am showing people my luxury lifestyle. By showing them my Bugatti, my office, my million-dollar crypto punk NFT, I wish to show people that you can go from working in a grocery store to buying a Bugatti within 3 years if you simply use the Law of Attraction and prioritizing mindset, realizing, that mindset is everything.”

Carl is also a philanthropist, sharing a bit about his social work he said, “previous year I donated an amount to a charity for disabled children. This year one of my goals is to donate a lot of money to charity through smart campaigns. I’m currently developing a few that I am excited to release publicly soon.”

The entrepreneur wants to be remembered for his extensive career. The creation of wealth is no longer a motivating factor; he wants to contribute to society through philanthropic ventures. He says: “I want to be remembered as a great person who did great things. I already know that I’ll be one of the wealthiest people in the world, so it’s no longer a big motivator anymore. I want people to remember me as someone who did well for other people, and made a positive impact for many humans in this world.”

He believes achieving success is not a matter of luck; it is a decision. He said: “I thank myself every day. I decided to become the person I am today because I wasn’t happy with who I was before. The way to become whoever you want is to believe in your mind that you’re already that person. Act as if it’s already your reality, and you’ll attract it. When I was working in a grocery store, I was visualizing myself with a Bugatti and flying in a private jet on a weekly basis. Now it’s finally my reality.”

Explaining why he presents his lifestyle extravagance on his social media he said, “sharing my luxury lifestyle has a huge symbolic value, hopefully inspiring millions of people to go out there and realize that they also can achieve their dream life if they just put their mind to it. One of my biggest missions right now is to teach people about the Law Of Attraction and how it can change your life, just like it changed mine completely.”

Carl now employs over 120 employees, working for him directly under The Moon Group. This is an enormous achievement as he directly impacts his employees’ lives. He is very happy with himself, and so are his parents. The fact that he was able to get to this point in such a short period of time working on creating his crypto empire is incredible.

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Facebook Loses Nearly $332 Billion Of Value In One Afternoon

Facebook parent company Meta tanked 26 percent overnight, shaving more than a whopping $US237 billion ($332 billion) in overall market value – the biggest one-day drop in history according to ABC, at the same time shaving $US29 billion ($40 billion) off the personal wealth of Mark Zuckerberg.

Mr. Zuckerberg’s nearly $US30 billion loss in personal wealth was the second-largest one-day personal loss in history as per US news outlet CNBC.

This huge drop marked Meta’s worst one-day loss since its Wall Street debut back in 2012 and the biggest single-day loss of dollar value by any listed company. CNBC confirms that the biggest one-day personal drop in wealth was a massive $US35 billion loss for Tesla CEO Elon Musk back in November.

That said, Mr. Zuckerberg will be financially still okay as he still has an estimated personal fortune of nearly $US85 billion ($119 billion) according to the Forbes real-time billionaires index.

Editorial credit: askarim / Shutterstock.com

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Millionaire Spotlight: Get To Know Successful Entrepreneur & Record Executive Damon Dash

By Allison Kugel

In this eclectic interview, Damon Dash and fiancée Raquel “Rocky” Horn, take me behind the scenes and into their day-to-day life as parents to their one-year-old son, Dusko, their plant-based lifestyle, and even their son’s guitar lessons (yes, he takes guitar lessons.).

They share candid and unfiltered information about their intimate life, their long term engagement, how they’re raising their son, and why Damon chose to participate in the newly released documentary film, They’re Trying to Kill Us, which examines chronic illness and early deaths among underserved communities of color.

In the second half of the interview, Dame gets real about living with PTSD, his love of weed, and his thoughts on the recent Astroworld Music Festival tragedy that claimed ten lives and injured hundreds of other concertgoers.

Allison Kugel: Your son, Dusko, is the cutest!

Dame Dash:  Thank you. I appreciate that. He has brought so much joy to us, and my whole family.

Allison Kugel: Both of you have been on a plant-based journey for a long time. Who led the way on that?   

Dame Dash: We do everything together. There is nothing we do not do together.

Allison Kugel:  But who was it that said, “Let’s eat plant-based?”

Dame Dash: Rocky wanted to go plant-based for a while, but I ate very simple things at the time; cheeseburgers, chicken fingers, not very healthy. I was always disgusted by myself for that, so there would be times when she first met me, that I was a vegetarian.

Raquel “Rocky” Horn: He never ate anything that looked like an animal, so there was never a meat on a bone situation. Never anything that looked or reminded him of an animal, so no seafood, ever.

Allison Kugel: It had to be in a nugget.  It couldn’t look like a chicken, right (laughs)?

Dame Dash: It was me not exactly addressing the truth, so after a while, she was starting to transition off of meat and she was cooking a certain way to transition me. She was sneaking it in because she is sneaky. We watched the documentary, What the Health, and that day after I saw the puss and the doo doo, and the cancer, and the diabetes; logically, I could not ever go back to even taking a bite [of meat] once in a while. I remember a week or two after I tried to take a bite at the farmer’s market…

Raquel “Rocky” Horn: No, we went to the Jamaican place and there was oxtail, and he just said, “I’m going to have to order a sample to see it.” He then went and threw up in the bathroom.

Dame Dash: I just couldn’t do it.

Raquel “Rocky” Horn: We started this network called the Dash Diabetes Network. Damon is a Type 1 diabetic, and in my research learning about diabetes, I just started seeing that it was all going back to dairy and meat products. The information was everywhere, and all of a sudden What the Health came out and just confirmed it.

Dame Dash: We had just gotten a bunch of bacon, and I used to love bacon.

Raquel “Rocky” Horn: We got rid of everything and changed our lives in 24 hours. From then on, we have had so many of our friends watch that film, and for us, it was just logical.”

Dame Dash: A plate of food and just a little bit of animal feces is on it, then I’m not going to touch that food. Or, like, if a rat runs over it, in the food industry there is a certain amount of tolerance for rat hair and tolerance for fecal matter in the food. I just can’t do i

Allison Kugel: Damon, you are a Type 1 diabetic as is my father, and that is genetic. But many people are living with Type 2 Diabetes or are what is called “pre-diabetic” due to poor lifestyle choices. What I found interesting in What the Health was when Doctor Neil Barnard said that Type 2 Diabetes is actually created when there is so much fat being stored in our cells that the sugar (glucose) which is our body’s primary source of fuel, can’t find its way into the cells, so the sugar builds up in the blood and that is Type 2 Diabetes.

Dame Dash: And what happens is your pancreas produces a certain amount of insulin to bring that sugar down, so if you have too much of it, then your pancreas is not producing enough insulin to cover all those simple carbs in your body and break that down. That is from eating meat and dairy.

Allison Kugel: When I spoke with you a few years back about your film, Honor Up, you spoke about losing your mother when you were fifteen.  Did she pass away due to chronic health issues?

Dame Dash: Yes, from asthma.

Allison Kugel: When you look back on that now, do you think diet or lifestyle and environment may have played a role in her condition?

Dame Dash: I don’t know, because she was actually pretty healthy. My mom went through different phases with her health, but she always had asthma and a lot of that is hereditary. That is why I have [Type 1] Diabetes. My mom was always conscious of our food, but I did eat some bullshit with her. I do think, the anxiety and stress of being a Black woman and alone may have added to it. But I remember her saying to me, “Don’t ever let yourself say you have it, or that it is yours (regarding inheriting his mother’s asthma). It’s not yours.” And I was too much of an athletic guy to be wheezing.

Allison Kugel: How did you get involved with this new film, They’re Trying to Kill Us (produced and directed by Keegan Kuhn, who also worked on What the Health)?

Raquel “Rocky” Horn: One of our friends is good friends with Bad Ass Vegan [John Lewis].

Dame Dash: A friend of a friend, John Salley, knew them.

Raquel “Rocky” Horn: We had a friend who is really good friends with Bad Ass Vegan, and made the interview happen with Damon. From there, we actually got to interview both of them for my show, Health Is Wealth. So we flipped the cameras on them.

Allison Kugel: Damon, what are your thoughts on some of the conclusions drawn in the film, They’re Trying to Kill Us, regarding slavery and how a lot of foods and lifestyle choices that Black Americans consider to be part of their culture, are actually detrimental to their health and throwbacks to slavery? What are your thoughts on that?

Dame Dash: I think it is strategic. It’s brilliant that the enemy used that as warfare, and how long it has affected us. Now that we are aware of it, we should just break the program. [Corporations and politicians] know how to keep us in a place of distress and keep us unhealthy and arguing with each other and struggling. Keep us hating each other. They know how to keep making us eat to escape the life we hate. Look at what many of us eat while we come out of the church, while we are worshiping their God, in the name Jesus, which is a European interpretation of the name Joshua (or Yeshua). So they give us this food to eat after they have given us that religion, and that is the reason most people are depressed. Unless we are happy with being unhappy, why would we not change it? The only way to change something is to do it differently, and you have to make a change to be a change. So, what is the change going to be? If you want your circumstances different, you have to do it differently. Are you going to eat differently?  Think different? Love different? Are you going to love yourself different? It has to be different to have a different outcome.

Allison Kugel: The film also talks about urban areas devoid of healthy grocery stores, called “food deserts.” Neighborhoods are filled with bodegas, liquor stores, fast food, but no healthy options. Was that your experience growing up?

Dame Dash: There was always a grocery store. But that little quick fix was also always readily available.

Raquel “Rocky” Horn: You mainly ate at the bodegas.

Dame Dash: Yes, I ate at the bodegas. That is my point and what I’m saying. I would go to the bodegas instead of going to the grocery store because instead of spending ten dollars, I would spend one dollar. I would end up buying fast food or potato chips and buying what I could get for that dollar.  It was those short fixes and it was unhealthy, but would get you through the day. That is still every day, all day, for a lot of people’s whole life.

Allison Kugel: Tell me if you guys agree with this, because I’ve been eating a lot more plant-based foods lately, and I find I am not as hungry, overall? You’re eating less calories, but you are eating more nutritionally dense food, and you’re not hungry as much. Is that true for you?

Dame Dash:  It depends. We are in the house a lot and we are next to a kitchen, so we snack a lot! But while I’m working, I also smoke weed all day, so I’m high.

Raquel “Rocky” Horn: I do believe that the good food you eat makes your body feel better, and it also makes you feel energized. You have proper energy rather than empty calories from bad food.

Dame Dash: Good food and sex are important.

Allison Kugel: I agree (laugh), but food and sex don’t go together. You have to be on an empty stomach.

Raquel “Rocky” Horn: Like, a full Thanksgiving belly is…

Allison Kugel: Right. Who wants to have sex on Thanksgiving? You can’t.

Dame Dash: But every other day, there has to be sex. We have sex in the morning now. It’s been a little challenging having a baby, only because he sleeps with us and he’s definitely monopolized the top part of her body, and he’s a hater.  He can sense me touching her. He doesn’t want another brother there. He says, “Mommy” all day. He’s the boss, so I do have a boss now. He’s my little CEO, and he’s better dressed than me. The whole house is him. I have to sing to him. We make songs together.  He plays the piano and the guitar.  He’s about to have a guitar lesson.  He’s stuck on The Beatles and he is very musical because I turned him into a rock star. And he’s pretty much been eating plant-based too.

Raquel “Rocky” Horn: I wrote a book for him, that just came out, called, Dusko Goes to Space.

Allison Kugel:  Oh, that is so cute.

Raquel “Rocky” Horn:  Yeah, it’s about him and his best friend, Governor, traveling, and they are about two. His whole [nursery] is space-themed, like his book, with all of the planets.

Allison Kugel: Do you want Dusko to go into the music industry?

Raquel “Rocky” Horn: I don’t mind it. Whatever he wants to do, I just want him to be creative.

Allison:  Are you and Dame going to get married?

Raquel “Rocky” Horn:  At some point, after Covid ends. I want to show you the engagement ring I gave Damon. I gave Damon an engagement ring. I had been wanting to give him that.  Damon’s birthstone is emerald, and I love emeralds.  I’ve always loved emeralds since I was a little kid, so it was a really special thing. I thought, “Why do girls always get the engagement ring?  So I got him one, too.

Allison Kugel: Dame, what did you think of Rocky giving you an engagement ring?

Dame Dash:  I loved it. It was beautiful.

Allison Kugel: That didn’t throw you off?

Dame Dash: We’re pretty strategic about what we do, so it was just the timing of it all. She had already accepted my engagement. We’ve asked each other to marry each other so many times and my tax problems were in the way, so we are almost there. We have a baby, and we are so in love that we don’t even know when or what, but it just goes without saying.  It just represents how fly our relationship is.

Allison Kugel:  Weird question: Do you consider weed part of a healthy lifestyle?

Dame Dash: I think it’s different strokes for different folks.  I’m a stoner. I really believe weed is healthy, cannabis. I’m part Anunnaki, and I know the Anunnaki’s brought weed to this planet.

Allison Kugel: Can you function and think clearly when you are not smoking?

Dame Dash: Yes, but I have more patience when I’m smoking. I’m easily triggered because I think the rest of the world is dumb. They’re slow, and I just don’t have time for it. Not many people are cut from the same cloth as me. I can’t judge people, because they are not as evolved. I just have to stay away from them.

Allison Kugel: Would you say you are outside the “matrix?”

Dame Dash: I think I’m more aware.  I don’t know why, but I’ve had a heightened level of awareness of self-worth since the day I was born. I know I come from a royal lineage, and I just know I’m meant to be a king and treated like one, and a real king fights for his love. What comes with being a king is not just reaping the fruits, it’s fighting for it.

Allison Kugel: What are your thoughts on what happened with the Astroworld Music Festival tragedy? Do you think that would have happened in the music business of twenty years ago?

Dame Dash: It did happen twenty years ago. It happened with Puff at the CCNY Charity basketball game put on by Puff and Heavy D in 1991, and I was there. Seven people died, they got smothered. I saw that happen. I actually lost friends in situations like that. I don’t know the homeboy (Travis Scott), and I can’t blame anybody because I don’t know enough about it, but those things have happened, yes, and I’ve been a part of those kinds of tragedies. I’ve seen what it looks like to see people get smothered in the confusion and the chaos that comes with it. I actually know what it feels like to be in that situation, but I was up in the stands, so I got in early, but they all got stuck in the staircase and shit. I lost my friend. Her name was Dawn and she died at that basketball game. Life is so unpredictable, how something that is supposed to be a dream turns into a nightmare. That is why you have to be conscious of things. I would not have had children there. I would not have brought my kids to that festival, that is one thing I would not have done. When I hear about children being there, I think, “Why was a nine-year-old there in the first place?”

Allison Kugel: I know, but I feel so terrible to put shame on a parent that is already grieving the loss of a child. You know what I mean?

Dame Dash: I’m not putting shame. No shame. Nothing but compassion, but at the end of the day, please don’t take your children, during Covid, to a concert where there are a bunch of adults you know who are going to be getting high. That doesn’t make logical sense. I feel sorry for every single person that had to experience that. What happened thirty years ago still sticks with me. Whether I got affected or not, I got affected. I lost people and I saw people lose their lives.

Allison Kugel: Would you say you had PTSD from your experience?

Dame Dash: I still have it. I have it from a lot of things. That is why I talk to a therapist and I have a show on my network called Healing is Gangsta. I have had a lot of trauma that I had to deal with. Being from this culture is traumatizing. Being a woman in this culture must be doubly traumatizing.  People think it’s normal, and it’s not. You can’t let your normal be unhappy or being uncomfortable. For me, if I’m bothered, I want answers right now.  I’m not internalizing anything, because it causes cancer.  If we have stress that we are internalizing it is going to make us sick inside. I couldn’t imagine not having enough courage to speak exactly what I’m feeling honestly, every time I feel it. If I had to hold everything in that I’m feeling, I would be miserable. That is the reason I’m so happy because there is nothing but honest words coming out of my mouth.

Listen to the extended interview with Damon Dash on the Allison Interviews Podcast at Apple Podcasts or Spotify, and watch on YouTube. Follow Allison Kugel on Instagram @theallisonkugel and at allisoninterviews.com.

Watch the groundbreaking documentary film, They’re Trying to Kill Us, featuring interview commentary by Damon Dash about communities of color and health. Tune in to Dame Dash Studios content streaming on Fox Soul every Saturday at 7 pm ET/4 pm PT. Follow on Instagram @duskopoppington and @raquelmhorn.

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6 Ways To Keep Your Costs Down If You’re Isolating

Spending more time at home means you are using your utilities and appliances more than you might typically, so your costs are bound to skyrocket. This means that you’re probably using the internet more for work and at the same time keeping you entertained for longer than usual.

Here are six ways to keep your costs down if you’re currently self-isolating because of the Coronavirus or working from home.

Set a budget

Set yourself a budget and make sure your essentials are covered first. But don’t forget to do your research so that you don’t miss out on any discounts.

Only buy what’s necessary

Only buy what you need because stockpiling adds up, and try to use free local delivery services to save on costs.

Run your appliances on efficient cycles

Run your appliances on energy/water efficient cycles, and only run when it’s absolutely necessary.

Wear appropriate clothing

Popping on another layer and dropping the heating temperature down by even one degree will save you plenty of money.

Turn off non-essential lights and power points

You can keep your electricity costs down by turning off non-essential lights and power points; you’ll be amazed at the savings across the year.

Shop around for value for utilities and internet packages to get the best deal available. Consider the many ‘no lock in’ contracts available that enable you to roll back at a later date…and watch how much you are spending on subscriptions.

Don’t spend money on non-essential items

In current economic uncertain times, it’s not advisable to spend money on non-essential items, luxury bags, and expensive watches – even if they are on sale. There’ll be plenty of retail opportunities down the track.

Don’t forget to check what’s coming out of your account as an automatic subscription. While each may be small – they can add up to a considerable amount. You can pause or unsubscribe from entertainment and gaming app subscriptions and pause any charity donations that will be difficult to maintain.

This article was sourced from the Property Investors Alliance

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5 Super Strategies To Help Boost Your Retirement Nest Egg

With the quieter summer holiday upon us now might be a good time to make some super simple changes that could make a lifetime of difference in retirement.

Many Australians are concerned that they won’t have enough money in their super accounts to fund their retirement.

But there are five easy steps workers can take now to boost their savings:

First, check with your fund to make sure you are getting paid all your legal super entitlements. Unpaid superannuation impacts 3 million workers a year – costing them a total of $5 billion and while most bosses do the right thing there are still some employers out there who deliberately rip workers off. And with the super guarantee rate rising to 12% it is more important to check that the full amount is being paid.

Second, consolidate your super funds into one account, finding lost or unpaid super is simple now using the Australian Tax Office tools.

Third, compare your existing super fund with others in the market to make sure it is meeting your needs. New government ‘stapling’ laws mean that workers are likely to stick with funds for longer. Alarmingly only 7% of people switched after they were told their fund failed a government performance test. Being stapled to one of those dud funds can cost a worker $230,000 at retirement.

Fourth, make sure the type of fund and level of insurance is right for you. Make sure the investment strategy matches your needs and appetite for risk – which your fund can help you with. Also be sure to check the insurance coverage is the right fit for you and your family.

Fifth, if you find some loose change or get some type of windfall consider putting it in your super fund. It is a tax-effective way to make savings and with the power of compounding interest a little invested in super now, makes a big difference in retirement. A 30-year-old on average wages that salary sacrifices $20 a week into super has $67,000 more at retirement and gets a tax saving now.

Further tips on boosting your retirement nest egg can be found on Industry Super Australia’s website

Comments attributable to Industry Super Australia chief executive Bernie Dean:

“There are five easy tips to getting your super right and most can be done from the comfort of your deck chair, beach towel or at home.”

“Check you are being properly paid super, consolidate accounts, compare funds, select the right investment mix and make small extra contributions if you can.”

“With the Super Guarantee set to rise to 12 percent it is even more important to make sure you are getting paid your full legal entitlement and that the fund is working for you.” 

This article was sourced from a media release sent by Medianet

Photo by Andrea Piacquadio from Pexels

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5 Realistic Tips To Build A Successful Startup Business

Getting into the business world is not easy because it comes with many risks and chances. Most entrepreneurs think that having a business plan, some capital, and a workforce is enough to survive in the market. The case is not so. Even the most confident entrepreneurs who have all the resources to maintain a strong position in the competition fail. This is because they do not consider the minute things that will determine their position in the market.

Here are some essential points that can make your business an instant hit with the masses:

Overestimate the Expenses and Underestimate the Revenue

Keep this in mind; there is a high chance that your expenses will exceed your expectations, whereas your revenue will realistically be relatively less. When you are conservative with numbers, your ability to accept reality is weak. Therefore, it is better to estimate figures that will not be shocking for you and not put your morale down.

Let Your Customers Create Your Business

No one is a bigger marketing genius than the customers. It is up to them to decide whether something is worth staying in the market or not. Do not get into a guessing game while assuming what your customers might be looking for. Instead, do the market research and actually find out the current demands of the people. Talk to them and identify their problems and their needs.

Know Your Competitors More Than You Know Yourself

Stepping into the market is definitely not easy. You need to know what you will be facing. It would help if you won the hearts of the consumers, so you can be a step ahead of your competitors because that will make your business stand out in the crowd.

Keep Discovering New Cost-3Effective Method 

Obviously, there is no success in the business until a handsome sum of money hits your bank account. One of the best saving methods is discovering new and reliable techniques to save your cost and increase your profit.

Keep Learning During the Process and Never Miss on Expert Advice

Remember that the process of learning never comes to an end. You will keep discovering new methods, and innovative creations will continue to pop in front of you. If your first formula was a success and ensured a good running of your business in the first season, then the second one doesn’t have to do the same. You might need to strike a new chord to maintain your success.

Keep the points mentioned above in your mind, and you are good to start your venture. Make sure that you never run out of capital to cover up for small losses, which might sum up to create a massive problem in the future.

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Meet The Entrepreneurs Behind The Cover Of The January 2022 Issue Of Global Millionaire: Dennis Koutoudis And Emily Pappas

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LinkedIn is a social media platform that has risen to the top of professional and entrepreneur networking sites in recent years. It now has over 700 million registered active members. Since the outbreak of the COVID-19 pandemic, many have migrated to online work-from-home mode, increasing the importance of LinkedIn even more. Now, if you really want to increase your presence on LinkedIn and elevate your game to another level, then you need to get in touch with LinkedSuperPowers. This is where Dennis and Emily come in. LinkedSuperPowers is a global Social Media Consultancy that has successfully assisted individuals and businesses in elevating their LinkedIn game for the past seven years. Fittingly, they’ve been mentioned in several high-profile publications such as Forbes, Fortune, Entrepreneur, HuffPost, CNN, as well as other major international publications and various TV Channels.

Dennis Koutoudis is the LinkedSuperPowers’ founder and CEO. He’s a rising LinkedIn master and a Social Selling guru – a successful entrepreneur with a Harvard University certification in Social Media Marketing and Disruptive Strategy. He is also a well-known public speaker. His business ventures led to the formation of LinkedSuperPowers, a company specializing in assisting individuals and businesses worldwide, helping them unleash their “superpowers” on LinkedIn.

Emily Pappas is a social media and social selling expert and a #1 International Bestselling Author. Her commitment to reaching her greatest potential has earned her a household name. She is the co-founder of LinkedSuperPowers. Emily’s efforts have paid off, as she has been featured on some of the world’s leading news and information sites, including CNN and HuffPost. She has worked with the majority of the Fortune 500 corporations and, with her partner, has even ventured into the book sector.

Global Millionaire Magazine recently caught up with Dennis and Emily to discuss their journey as entrepreneurs, and here’s what went down:

Could you please tell our readers a brief background about yourselves and how you started your business?

We were social media marketing managers of various companies from various industries, utilizing mainly LinkedIn to accomplish the unique targets each company we were employed by had. One day I decided with Emily to create a company that could help millions of individuals and businesses accomplish their professional dreams. Hence, LinkedSuperPowers was born!

What are you currently doing to maintain/grow your business?

I network with target prospects through LinkedIn and form strategic professional relationships with them, combined with super targeted PR activities.

What is your experience with paid advertising, like PPC or sponsored content campaigns? Does it work?

We have mainly grown our business through organic growth methodologies on social media. That being said, we are aware of companies that have utilized paid advertising with good results.

What is your main tactic when it comes to making more people aware of your brand and engaging your customers? How did your business stand out?

Networking with the right individuals through LinkedIn and nurturing those relationships to the point that a solid collaboration is formed. I believe one way we stand out is that we interact with people with a networking mindset and seek win-win collaborations instead of a “sell our services” mindset. After all we are co-authors of the book “The Superpower of Online Networking.”

What form of marketing has worked well for your business throughout the years?

LinkedIn Marketing, most certainly. LinkedIn can become one’s most powerful tool for professional growth if utilized in an effective way. And this is exactly how we help our clients achieve their goals.

What is the toughest decision you had to make in the last few months?

To put our trust in a new promising vendor regarding PR. We’re confident we’ll see a considerable return on investment, though. We’re big believers in constantly re-investing our company’s revenues back into the business.

What mistakes have you made along the way that others can learn from (or something you’d do differently)?

We wouldn’t try so hard to make something work when we had an indication that it wasn’t working. We’d be more flexible to change course, especially early on in our entrepreneurial journey.

What new business would you love to start?

We very recently expanded our service offering to include some super targeted PR efforts for a select number of clients. We’d love to expand this new service offering further.

If you could go back in a time machine to the time when you were just getting started, what would you do differently?

We’d focus more on things that brought maximum results early on, rather than dividing our energy to other things that were not so effective for the growth of our business.

What is the best advice you have ever been given?

Nobody owes you anything in this life. It is up to you and only you to create the life of your dreams.

What advice would you give to a newbie Entrepreneur setting up their first business?

Economic cushions and support from family and others usually very quickly evaporate. In order to achieve professional success nowadays, you need to rely 110% on your own capabilities. And remember, working hard is just not enough anymore. Just think about this: how many hard workers do you know that are barely making enough to cover their expenses? To succeed nowadays, you need to love what you do, have extreme and constant focus on your targets and work in a super hard and simultaneously super smart way.

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7 Self-Improvement Tips To Get your life Back On Track

Always remember that as long as you are alive, you can change your ways and succeed in life. You have the power and the opportunity to do what you want and be the person you want to become. If you want to improve yourself and achieve your goals, you should follow these self-improvement tips.

  • First and foremost, you need to take full responsibility for your self-improvement. You need to know your true self, the things you’re interested in, and how you’re going to actively pursue them. If you don’t have any idea where you should go, you’ll probably just end up where other people want you to go.
  • You need to set realistic goals and stick to these objectives as well as find ways to achieve them. Such a thing, however, is not enough.
  • Learning continuously is also important. There are skills and techniques that you can adapt to improve your life. Never stop learning. Many people know how important this tip is. You need to continue learning in order to succeed.
  • Look for effective ways to learn new things and improve your skills. Realizing the power of learning can encourage many people to become better in various ways and achieve what they really want. Remember that if you learn new things enthusiastically, you’ll achieve self-growth and succeed in living a more content life. You will become happier and live the kind of life you have always wanted.
  • You also need to change your bad habits. There are many times when a person’s life is dominated by bad practices. If you really want to become a better person, you need to change these habits and stick to the positive changes you’ve made.
  • Being persistent is also important. Some people give up too easily. Always remember that your perseverance will serve as the driving force that will encourage you to do things you think you cannot do.
  • When you focus on a goal, it is important to keep your mind on it. Don’t let yourself get distracted by other goals. Many people cannot focus on anything related to work for a long period of time. It is difficult to do especially since our culture is full of reasons and distractions that force us not to bother a lot with attaining real success.

There are a lot of excuses that we can say so that we don’t do anything productive. If you want to improve yourself and achieve your goals, you need to prioritize every action. Even when you’re not seeing any major progress, you should keep going towards the completion of your goal.

Keep at it and you’ll reap the rewards in the end. There are self-improvement books that provide life-changing ideas and advice that you can integrate into your life. Discover and learn things that can benefit your pursuit of self-improvement. Always remember that learning new things can do you a great favor. Continuous education will certainly help you succeed.

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