Podcasts about Diligence

Keith shares his "dirty dozen" due diligence questions every investor should ask before buying property, from gauging build-to-rent saturation and local job growth to testing cash flow and exit strategies.  He explains why even new-builds still need inspections and how to think about rents that may stay flat while expenses rise.  Aundrea Newbern, an experienced investor, broker, and property manager active in Southeast Georgia and Michigan, offers a real-world look at today's long-term and short-term rental markets, including shifting tenant behavior and local restrictions.  She also details how she's using AI to streamline property management, improve screening, optimize pricing, and cut maintenance costs, giving listeners practical ideas to apply in their own portfolios. Episode Page: GetRichEducation.com/610 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text  FAMILY to 66866  Unlock truly passive real estate income—visit flockhomes.com/GRE today to see if your properties qualify for a 721 exchange with Flock Homes. To get in the best physical, mental, and professional shape of your life, go to DanielThomasHind.com and apply for Daniel's intensive 1-on-1 coaching for burnt-out entrepreneurs and executives. Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review"  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— GREletter.com  Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Keith Weinhold  0:01   Keith, welcome to GRE. I'm your host, Keith Weinhold, talking about vital due diligence questions that you have to know the answers to before you buy your next property. Even advanced investors don't know to ask some of these. Then a terrific guest tells us how she is practically applying AI to increase rental occupancy, save on maintenance expenses and drive rental income today on Get Rich Education.   Speaker 1  0:28   Since 2014 the powerful Get Rich Education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord show host Keith Weinhold writes for both Forbes and Rich Dad advisors, and delivers a new show every week. Since 2014 there's been millions of listener downloads in 188 world nations. He has a list show guests and key top-selling personal finance author Robert Kiyosaki. Get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps. Build wealth on the go with the Get Rich Education podcast. Sign up now for the Get Rich Education podcast, or visit getricheducation.com   Keith Weinhold  1:11   You know, Mid South Home Buyers, that top Memphis turnkey provider, I learned that a secret weapon behind their explosive growth is more than just you buying their properties, it's an executive coach for nine years now. Their CEO, Terry Kerr, and his COO, Pat Nix, have worked privately with a coach who I've now learned from too, and he doesn't market himself online anywhere. After 12 years behind the scenes, that coach is now making himself available exclusively for GRE listeners, his name is Daniel Thomas Hind. If you're a hard-charging business owner or investor who wants to get in the best shape of your life physically, mentally, and professionally, you can fill out an application for a free consult. This is private one on one coaching for those willing to go to uncommon lengths to achieve uncommon results. Thanks to Daniel, we've all become better leaders, better operators, and better men. It started by showing up for ourselves. Now it's your turn. Go to danielthomashind.com H I N D, that's Daniel Thomas hind.com and sign up before Spotsville Flock Homes helps multifamily owners exit the operator grind, whether it's your sixplex or a 50 unit apartment through a 721 exchange. This defers your capital gains tax. It's a strategy long used by institutions. Now you can swap tenants and toilets for passive income and zero management. Request your initial valuations. See if your property qualifies at flockhomes.com/gre that's F L O C K homes.com / G R E.   Speaker 2  2:57   You're listening to the show that has created more financial freedom than nearly any show in the world. This is Get Rich Education.   Keith Weinhold  3:13   Welcome to GRE. I'm your host, Keith Weinhold. The world's biggest problems are also the world's biggest businesses. That's not a coincidence, and it squarely includes the problem of having enough quality housing. We talk about how to do that profitably and diligently, and on the topic of diligence, I've got a dirty dozen due diligence questions, call it I suppose these are smart questions to ask before you get under contract to buy your next property, and some of these could just as well apply to your existing rental property. Build to rent properties have become so popular, but ask the question, are these build to rent properties becoming overbuilt in this neighborhood? That's the first due diligence question, and a lot of investors overlook this, so you got to be mindful that build to rent often means lots of new construction in one smaller defined area. What you should do is ensure that new supply is being absorbed by renters. Some red flags to look out for are if multiple nearby communities are offering heavy concessions or free rent enticements, that is a sign that they're having difficulty luring in new renters to the area, and now taking a couple months to rent a brand new build isn't that unusual, but does the whole thing kind of feel like a mattress liquidation sale? Renters shouldn't have more signing bonuses than NFL free agents. The next due diligence question: Does this market still have population? And job growth, or am I late to the party? New workplace construction is a bullish market sign. Workplace construction, I'm talking about like a new office building, especially a new medical clinic, a new data center, a new factory. These signs are super bullish for an area, because not only does that attract the jobs and support the housing, as you can imagine, but see, that also means that whomever built the new workplace, oh, they probably did some research, and they're bullish about that area for a reason, they're going to look into that and do their due diligence that you can leverage before they spend perhaps 10s of millions of dollars or more in building a new workplace.    Keith Weinhold  5:45   The population should be stable or rising. Red flags are if growth already peaked and layoffs are increasing, don't arrive late to the party after the DJ has already packed up. The next question, when you're looking into a property, is is this unit likely to cash flow on day one? You know, you need to wonder, is the unit occupied or vacant. Some investors don't even think to ask that question until they get down the road a ways. When it's occupied, does the rent meet or exceed expenses with a buffer for maintenance and vacancy, now, if it's negatively cash flowing and you're solely enjoying the other four ways real estate pays, that might be okay, but you need to be comfortable with adopting a monthly bill that may or may not work. And do you know what I call a negatively cash flowing property? I call it a 401k property, because you have to keep feeding it every month like it's a 401k. A negatively cash flowing property effectively reduces your salary like a 401k does, and anyone that is serious about building real wealth when they're young enough to enjoy it would not invest in a 401k outside of the employer match portion.    Keith Weinhold  7:07   I'm your host Keith Weinhold. Here on Get Rich Education, episode 610 I've answered three out of twelve dirty dozen due diligence questions, and with abundantly minded grow your means answers that you're just not going to find on ChatGPT. Before I get to the fourth one, do you know what the word diligence means? Anyway, you probably have some idea. The definition of diligence is the quality of working carefully and persistently, demonstrating steady effort and thorough attention to a task. It implies a strong work ethic, meticulousness, and a commitment to completing duties well. All right, that is the definition. Diligence is the opposite of negligence. The next one, does my new build property need an inspection first? And this is a question, actually, that came in from Jake in Manhattan. Yes, it always does, whether it's resale or new build. It is always a good idea to get an inspection. One of the biggest misconceptions, really, is that new build means problem free.   Keith Weinhold  8:16   People just equate new build with problem free. No, that is not the case. New build can have problems. There could still be foundation cracks that are beyond normal settling, perhaps improperly installed roof flashing that could cause leaks, maybe windows or doors that are installed out of square, and a bunch more stuff that could be wrong, even in new build a presale inspection after you get the property under contract that only costs 350-650 dollars for single family rentals and 500-900 dollars for a duplex. This is cheap insurance. It's also good peace of mind, get it done. Sometimes investors want to skip the inspection when they need a quick close. Buyer, beware of the risk. The fifth due diligence question: What happens to my numbers if rents flatten for two years? And this is a more germane question than usual today, because rent growth is slow here in this cycle. Single-family rents are up just 1.3% year over year per totality, and expenses tend to rise with inflation. All right, so if your rents flatten for two years, project that ahead like your other expenses are rising, and see that the property would still remain financially stable. We cannot build a business plan on motivational quotes. Next, am I buying near major employers or near hopes and dreams with work from home trends, which can probably better be called. Called work from anywhere, trends buying near major employers is actually less important today, but it still matters. It is good to have diversified employers and stable payrolls somewhat nearby. Promises about future development might never happen. Sheesh, some areas have been up and coming since cassette tapes, the seventh due diligence question, what's the property tax trajectory here? That's the question. Taxes are often stable and increases predictable, but is there a local budget shortfall? And see, this is the type of due diligence that few people do keep in mind, and I'm bringing up new build a lot, because there are so many new build income properties today on new builds. Also, look out, year one taxes can look deceptively low until improved property is assessed in year two, and any reputable provider, and when you contact our GRE investment coaching here, we're going to point that out to you.    Keith Weinhold  11:05   This is how you can, though, sometimes get unusually low property taxes in year one if they have not assessed the improvement yet. Question eight, and this comes from Violet in Peoria, Arizona, is the builder offering real incentives, or are they just hiding the true price? Okay, well, incentives - they should genuinely improve your deal without inflating the pricing. Here, look out for sunglasses and a fake mustache for financing. It's mandatory that you have an appraisal. This protects you against overpaying in an appraisal, even though it's done for bank collateral purposes, checking the quality of their collateral, which is the property, you know, it is also a good independent third-party valuation check. This is a good tool to keep you from overpaying. Back around the 2008 days, the global financial crisis, you know, often then the lender and the appraiser could collude to give you favorable appraisals, somewhat inflated values, and as it turned out, I was an investor then and ended up being the beneficiary of some of those favorable appraisals, but since then the CFPB, the Consumer Financial Protection Bureau, stepped in. They were formed to step in, so that those parties are no longer in cahoots with each other, and yes, incentives are explicitly disclosed to the lender and appraiser. For example, if you have a seller that offers to pay half of your closing costs if you pay their full sale price. Okay, the appraisers do know that they have that information before they provide you with the appraised value. Ninth, what's the vacancy rate in this area right now? This is a good due diligence question to ask. A balanced market has about five to 6% vacancy, eight to 10% or more. That can often be the sign of a weak market, but this might be all right in build to rent communities, and that's due to longer initial lease up periods that you have there. Due diligence question 10. Would I still want this property if appreciation slowed dramatically? You want to ask yourself this question because you cannot predict appreciation. The answer to this question is most likely yes.   Keith Weinhold  13:35   You would still want the property even if appreciation slowed dramatically, because as a listener here, you understand that with a 20% down payment, just 2% price appreciation creates a 10% return on your equity, and you're also benefiting from the other four ways real estate pays, but if you're absolutely counting on appreciation to do all of the heavy lifting over the long term, that's less investing, and that is more hoping with spreadsheets. What's more predictable is something like inflation profiting on your loan, which is a force on its own. Next, ask this question: How old are the big ticket items like the roof, HVAC, plumbing, sewer, and electrical? I mean, if you get a number of expensive items that are near the end of their life, you could soon become emotionally attached to ibuprofen. At GRE Marketplace, we work with either extensively renovated properties or new build properties, so this is rarely a concern. These big capex items, capital expenditures, and that is really the way to go. Extensively renovated or new build property, because see that way the cost of having all this done for you both. Before you buy the property, that means that what you're essentially doing is financing the cost of all this into the loan, you're financing into the new roof, HVAC, plumbing, sewer, electrical, if any of that applies, and if you're buying a fixer upper, well, then a lot of times you need to pay cash for these items, and you lose repair time where the property could have been rented during that renovation time. Work with our investment coaching here, and you're going to be all set. Those big ticket items are rarely a concern. And then what happens is, if you have a break even or a positively cash flowing property. The tenant covers all of your operating expenses with the rent payment, and you never have to pay any money at all for these big ticket items. They pay for your mortgage and everything else, and you never lose the time because these things were done before you bought.    Keith Weinhold  16:01   And the last one question 12. What you want to ask is, what's the exit strategy if I ever want to sell? That's the last question. Begin with the end in mind. The fewer doors the property has, the easier it is to sell. Single family homes win big here. I mean, your eventual buyer down the road, they could be a gleeful owner occupant, even if the rental math were poor. That buyer wouldn't even know that the rental math is poor, because they're not renting it out, they're going to live there themselves. Sometimes your single family rental tenant even becomes your eventual buyer. This can work with duplexes too. Sometimes you can get an owner occupant, or your tenant stays there and continues to reside there as they're the owner, and they rent out the other side as well. But if you're trying to sell at 30 duplex, well, now you're exposed to cap rates and investor sentiment and market cycles, it's sort of like trying to offload a small corporation. That doesn't mean that apartments are bad, but they are substantially less liquid than single family rentals. That's your exit strategy that we're looking at. They are the dirty dozen due diligence questions every investor feels bumps, I have you will too, but these questions and answers are really going to go a long way toward helping you own right, and when you stick with it, real estate is a forgiving and lucrative asset class because you're paid in so many ways. Hey, coming up shortly, a guest that you haven't heard from in a while, and I know that some of you have missed hearing her voice. We'll talk a bit about the state of the real estate market here in a period where prices are remarkably stable, housing transactions are only about 80% what they usually are, and then we'll discuss how she's using AI in her real estate investing today. It's how she's increasing her occupancy and optimizing the amount of rent being collected. She splits her time in a couple ways between real estate markets in both Michigan and Georgia, and then in both the short term and long-term rental markets. That's next. I'm Keith Weinhold. You're listening to Get Rich Education. What if you got your mortgage loans the same place I get mine?   Keith Weinhold  18:31   You sure can at Ridge Lending Group, NMLS 42056 They provided GRE listeners with more loans than anyone, because Ridge specializes in investment property, they'll help you build a long-term plan for growing your real estate empire with leverage. Start your prequal, and even chat directly with President Chayley Ridge. While it's on your mind, start at ridgelendinggroup.com that's ridgelendinggroup.com Let me ask you something, if you've worked hard to build wealth, is your money positioned to actually support your goals? A lot of accredited investors leave capital sitting in cash because it feels safe, but inflation and missed income opportunities can quietly erode its value. Freedom Family Investments offers freedom notes for investors seeking structured income backed by real estate, it's a straightforward approach built on real assets, not speculation. In full disclosure, I'm an investor myself. What I like is that their team walks you through how it all works, so you can decide if it aligns with your portfolio and income goals. Every investment carries risk, and nothing is guaranteed, but with a track record of consistent on-time investor payouts, they've built real credibility. Go to Freedom Family investments.com to book a clarity call, or text Family 266-866 that's Family 266-866,    Speaker 3  20:02   Hi, this is Russell Gray, co-host of the Real Estate Guys Radio Show, and you're listening to Get Rich Education with Keith Weinhold. Don't quit your daydream. We've got a special treat for you today is for the first time in a few years we hear from someone that's served since 2020 in house here in both operations and as an investment coach. Today she serves GRE in a different capacity internally, but a lot of you still ask about her. That's why she's here. She's got both the formal education with her MBA, and is about as robust in being a real estate investor as you can be at the same time. Oh, it's a warm welcome back to the talented Andrea Newburn.   Aundrea Newbern  20:51   Hey, Keith, it's so great to be back. It's been a long time.   Keith Weinhold  20:54   Well, you've continued to grow not just in your business but in your family size since you were last here. Congrats there. I'd like your thoughts, just generally, about the American residential real estate investment market today, where we've got these sort of rising prices in low supply areas, we have slightly falling prices in oversupplied areas, we've got mortgage rates that have normalized, we've got tough affordability for renters that want to be first time home buyers, so just tell us about what you see, big picture. Andrea,   Aundrea Newbern  21:28   Yeah, absolutely, and so I invest and operate predominantly in the Southeast, so this will probably be a little bit more of a lens from the Southeast market, but as you know, I still actively invest in real estate myself. I help, you know people buy rental properties, also. But then the main thing that I'm doing now is I have a property management company down in Southeast Georgia, and so I'm seeing things more from the lens of what investors are doing, where they're investing, where rents are going, and if people are even buying properties. So it's been a little bit interesting. I mean, what I'm seeing is that, as you all know, it slowed down. We're not seeing as many investors buy properties, but people still are doing it, and they're still finding good cash flowing properties. Where the challenges come in is you're not making as much money on these properties as you did four or five years ago, so you know your margins are going to be a little bit less, your cash flow is going to be a little bit less. And then we're seeing, you know, rents kind of stabilize depending on the type of asset class that it is, so you know things are not doing wonderfully, but they're stable from what I'm seeing in the southeast market,   Keith Weinhold  22:31   and now you do a good bit of investing in sort of Brunswick and out toward the Georgia coast, including places like Jekyll Island, where G. Edward Griffin wrote his book about the formation of the Fed, and all that in general. How has that area been from a residential supply standpoint? For example, we know in neighboring Florida they've had a lot of oversupplied pockets. How are we looking there? I think you have a lot of occupancy right now from talking to you earlier.   Aundrea Newbern  22:59   We do, so I manage two different types of investments, right? I manage the long-term rental properties. There's less of those like on Jekyll Island, there's more of those in the mainland and Brunswick. And then we do the vacation rentals, which is very, very heavy on Jekyll Island and St. Simons Island. What we're seeing this year, if we talk about maybe those vacation rentals first, and then I'll talk about the long-term vacation rentals, we're still seeing a lot of demand, a lot of people are still coming. We're not really down from this time last year, but the one big thing we're seeing is people are booking their vacations last minute, they're not booking them months in advance at this point. So that's definitely had a little bit of an impact and had us on edge, because we're like, okay, where are these vacations? And then, sure enough, they're booking a couple weeks out now, so that's going really well. The investors that have purchased homes on Jekyll and St. Simons, especially Jekyll, are doing really good. They're still making a lot of money. They have high occupancy. Where are we seeing a little bit more of the challenge is with the long-term rentals. So rents are kind of staying flat from where they were last year in some of those B and C markets. We may even see a slight decrease, just a couple percentage points, and then it's taking longer to fill the property. So last year we could typically get a qualified runner in in three to four weeks. Now we're seeing anywhere from five to eight weeks. Right now,   Keith Weinhold  24:11   as far as on the short term side, have restrictions affected you at all, like banning Airbnbs, for example, and how have you seen that play out in other areas? Because you certainly network with other people that do short-term rentals. Can you tell us about that?   Aundrea Newbern  24:26   Yeah, absolutely. So I can talk about the Southeast market, for one, where in Jekyll, St. Simons, Brunswick, we're seeing no rental restrictions whatsoever. We do have to have a process to register the rental with a county, but it's so easy. It's literally a form. We do an inspection once a year, and that is it. I don't know that this is a fact, but a lot of the commissioners and politicians in the area also have rental properties. I think that probably has a little bit of an impact on that up here in Michigan, which, you know, I have another home, and I live in Michigan part of the time as well. There's a lot of restrictions, in fact, my. House right now is in Sterling Heights, Michigan, and they already have a rental ban where you can't do less than 30 days, so you're already having to go into that midterm market, and now they have some proposals up with the local municipality to even eliminate some of that, so we're seeing that in this area.   Keith Weinhold  25:17   Generally, do you tend to see it in nicer, ritzier areas where they want to make the short-term rental restrictions.   Aundrea Newbern  25:24   Yes, I do. Absolutely. Up here in Sterling Heights, where I live, the average home of my neighborhood is around five to six hundred thousand dollards and they absolutely do not want those here. But if you go a few neighborhoods over, where you're looking more of like the two hundreed to three hundred thousand dollars range, they don't seem to have as much of an issue with those. There   Keith Weinhold  25:40   We've been talking about short term rentals in both Southeast Georgia and then in Metro Detroit, where you currently spend quite a bit of your time. Talk to us about the long term rental market with affordability for buying being down, that really hurts the prospective first time home buyer, so they need to be more likely to rent, which would make some people wonder. Oh, well, then how could vacancy possibly go up in an area? Well, you know, migration - we've touched on it - is one reason why that might happen. Another reason why it might happen is you might see more doubling up.   Aundrea Newbern  26:15   Yeah, we do. We see a lot more families coming in. In fact, last week we just rented a property out to somebody where the parents were renting with their children, their grown adult children that also had kids, they're getting bigger houses, right? So they're actually feeling that need to fill up some of our larger homes, but it's multi-generational now. We are seeing a lot more roommates come in, too, instead of two roommates, you'll see three people come in and get a house together. The other thing we've noticed that's been really drastic, maybe the last three or four months, is the debt load that we're seeing. So, when we run people's background checks and look, they've got a lot of credit card debt now. We didn't see that as much years prior.   Keith Weinhold  26:50   All right, so you're seeing that at the street level, that's a statistic that we can read about, that American savings rates are down and the proportion of debt is often up. You're seeing it in real time, there. Do you see potentially, Andrea, this propensity for people to want to sort of bend things and have someone that's not on the lease live there with them in order to cut costs? So, you know, is there really anything in this environment that we really need to be careful about when we're screening tenants with them having such a debt load, and having to struggle with inflation and rising prices.   Aundrea Newbern  27:23   Yeah, absolutely. The debt load, number one, you know, we'll see them increasing, and that's something we want to keep an eye on. So, we're having to kind of retool our policies to look more critically at that debt load. They may not be delinquent on anything now, but if we've seen it gone up significantly in the last few months, I bet you it's coming. So, we're trying to retool our policies to be able to deal with that, you mentioned people having unauthorized tenants in the home that has persistently been an issue for us, maybe the past year. We find this often that that's happening, and usually it's because that person wouldn't qualify on the application, but they still bring in money and can help with the rent. The third thing, and this is with the advent of AI, right, how big AI has come is, we're seeing a lot of documents that are clearly fraudulent, but they look really, really good, because AI has created them. So that's another issue.   Keith Weinhold  28:09   Gosh, that's interesting. Well, I want to ask you more about AI, and you know, Aundrea, America is in such a weird time with AI today. You probably saw it at these college graduations across the nation, where a luminary is up front at the lectern making a commencement speech, and they get booed by students for talking about embracing AI, and that's probably because the student feels threatened about AI taking the job that they might not get, and you know what's funny, I suspect there's some of those same students, they loved it when AI helped them write an essay in order to get to graduation and wear that cap and gown, so..   Aundrea Newbern  28:51   Absolutely.   Keith Weinhold  28:52   Yeah, that's what I knew when I say that we're in a weird time with AI, but I know that you've really embraced AI as a property manager and investor almost from the get-go to make your property operations more efficient, so that you don't have to raise prices on owners, and you can keep those owner expenses down and increase resident retention at the same time. So, tell us more about how you're using it.   Aundrea Newbern  29:16   Yeah, so my team, I think, hates me for this right now, but in the last six months we have literally changed our operations front to back in a few different ways. Number one, we've changed the systems that we use, so you know, for vacation rentals as well as long-term rentals, you have your property management system that kind of streamlines everything, and that you do everything in. We've started going to platforms that are a little bit more AI friendly, so they have AI agents built in and they have AI functionality already in them, so that we're not having to purchase additional tools to come in and add them as a layer on top of our systems. So that's kind of the basic thing that we're doing, but the other fun things that I've been able to do, and I'm still, you know, working on this, and we're refining it daily, is using AI actually as kind of like a virtual assistant, essentially. So we do have virtual assistants with a company, and they're great, and we love them, and they do a wonderful job. However, they're human, so they're not perfect, but these AI agents, once you've trained them to do a lot of the back office tasks that your virtual assistants can do, after a certain number of iterations and training, they don't really make mistakes. So knowing that we have that, and we can continue building on that. We don't have to add FTE to our team, which increase our labor costs. That's allowing us to not raise our prices on our clients, and which I'm sure they're all happy about, because other property management companies are doing that right now,   Keith Weinhold  30:33   Right, so property management companies are going to have to do this to stay competitive and keep up, whether they want to or not, and when I think about using AI in real estate, you know, one of the first things I think of, just say that tenant journey from attracting the tenant to placing them. When I think of the cutting edge, I think of help with marketing and writing advertisements, which I think is kind of a simple thing to do, sort of an easy way to implement AI, and also when I think about that early part of the journey, really I think about using AI as a leasing assistant, and sort of how you see that more, the 24/7 front desk, if you will. I mean, if you have an AI leasing assistant that can answer questions for your prospective new tenant and follow up with leads that can be a big deal. I mean, a lead that sits unanswered for six hours, they just kind of turn into a cold French fry, and instead AI can answer those questions and schedule that tour. If a prospective tenant asks the same question four times, you know the AI doesn't get frustrated and leave out some sigh. So, can you tell us more about kind of that front end, the marketing, and then the leasing end? Are you using AI as a leasing assistant essentially?   Aundrea Newbern  31:47   We are. So, if we talk about maybe the marketing piece of things before we get into the leasing, we're not using as much AI with marketing at the moment. I have had it write some copy for me for some marketing, and I'm not usually crazy about it. I still think it looks like AI right now, so we're having to do a lot of changes with that, but what it has done a really good job at helping us out in the last few weeks is have it go analyze your website, have it analyze how you come up in search functions, right? So, if somebody's going to Google or if they're going to Gemini or they're going to Chat GPT, what's happening with your website and your company when people are looking for property managers, for example, it does a very thorough check on that. It's also really good at reviewing your website and telling you where you have gaps in terms of maybe you need to, you know, change something here or there, or you have certain links that are not helping in your search functionality. So, I think it's really good as far as analyzing stuff. That's kind of about all we've done as far as marketing, as far as a leasing assistant goes, this has essentially been like the biggest lift I think we've had from AI, period, in the last couple years. So, maybe a year ago, we implemented a software, and I'm going to leave the name out, because I'm sure you know I'd rather not do that, but it's a software, and there's a bunch of different options that you can use for this, but essentially it collects all of our leads for us, so we set it up, you know, we set criteria for the type of tenant and our policies for, you know, what type of tenant would qualify, and they call in or message or email this number or this email address, and the AI essentially goes through and asks them a series of questions, lets them know if they would potentially qualify or not. If they would not, then it will not allow them to schedule showings for any of our properties, if they would, with no exceptions. Then we can go ahead and get them scheduled, and the AI actually goes through and gets them scheduled as well. So it is a huge help for us.   Keith Weinhold  33:30   That is really nice. Okay, helping out with tenant screening, there can it arrange tours, put them on the calendar, then if they're qualified.   Aundrea Newbern  33:40   Yes, it actually gives them an option and shows them all of the dates we have available, so the person can go ahead and schedule their showing. It can provide updates if we need it, so if we change our policy, it can send that out to the tenants for us as well. So that process I would say is about 90% automated right now. It doesn't really take much human intervention, except for us to review things and make sure there's nothing kind of wonky with the schedule or anything like that.   Keith Weinhold  34:00   Okay, so if they're qualified and interested, the prospective tenant can fill out an application, and then is AI assisting on the screening, and are you still meeting with them in person before they get the keys and sign the contract?   Aundrea Newbern  34:14   Yes, and no. So we still do meet with them in person to be able to do like that walkthrough of the property and make sure we're documenting issues, and all of that, which, by the way, I think in the next year that'll probably be automated as well, but we're not quite there yet. They do not have to come in in person, in terms of signing the lease or anything like that. That's all done remotely. If they want to, they can, but we really don't have to meet with them until it's time for move in at this point.   Keith Weinhold  34:36   All right, we're seeing the evolution of AI since it was really Chat GPT that was pioneering and rolling out in November of 2022 so we're coming up on four years of really this activity being integrated into our lives, and I think we both know that it's only going to get better from here, so when we have a tenant that. It's actually placed, of course. I often like to say they call the discipline property management, but it could probably very well be called tenant management. And I think, about, you know, is everything okay after the tenants there? As far as AI having a maintenance triage function, if there's a maintenance request, of course, you're going to want to prioritize something differently if it's a big plumbing leak that's damaging the subfloor versus just having a slow drain, you know. You probably want to be sure either one of those things are taken care of, but one is going to get priority over the other. So, can you tell us more about after that tenants place the maintenance triage and using AI there?   Aundrea Newbern  35:38   Yeah, so we've pretty much automated the maintenance process in the last year, other than, you know, actually making sure the vendor went out and did what they were supposed to do. So, right now, with us, a tenant has to go in, unless they have a disability and can't do it, of course, but they have to go in and put in any work orders through our system, and essentially what happens is we've created kind of a workflow, so here's the issues of the types of things that would not be considered an emergency unless they answer, you know, certain questions a certain way. Here are the things that are emergencies and requires to go out pretty much no matter what, right? For the things that are non-emergency, or they're not clear in what the actual issue is, which is probably the number one problem we have, is they say, 'My lights aren't working, that's it, we don't know anything else about it, and then come to find out it was just a light bulb, or come to find out it was just their breakers tripping. The AI actually goes in and analyzes what they put in as the issue and selected, and then asks them a series of questions, and then, based on their responses, it actually tells them what to go do to troubleshoot it. We're seeing right now with data, it's eliminating maybe about 40% of the things that we would send somebody out for, yeah, it is huge, and the tenants are doing it, and they're not really pushing back or having issues with it most of the time, but then there are certain things that AI can't quite figure out, we're still training it on, so we do have to send somebody out or call, but it's having a huge reduction in us having to send folks out for this.   Keith Weinhold  36:56   Okay, yeah, we're not talking about completely eliminating humans, but that's huge, if they can have AI give them the answer to maybe some routine maintenance thing, probably that they could have gone and found out on their own, but yeah, that saves 40% of maintenance visits, that's a big deal. All right, so not too much backlash from tenants, not saying, like, oh, hey, I don't want to be talking with your robot, come on, not so much of that.   Aundrea Newbern  37:20   No, not yet. Now we are looking right now at implementing an actual AI agent that would answer the phone to handle these types of just maintenance issues, nothing else but maintenance for right now. And we've tested out a lot of different softwares that do this. Some are better than others, but none of them are perfect yet. And I could call and definitely tell I'm talking to AI, maybe some people couldn't. I feel we're probably going to have a little bit more blowback when that starts getting implemented and rolled out.   Keith Weinhold  37:44   Yeah, I imagine people are just going to get more and more used to this, you know. I wonder, how much AI is helping you with rent pricing, what amount to set the rent for. I mean, for example, isn't it interesting if AI knows that, hey, a bunch of units in the neighborhood all around you, they already have high occupancy. It's really tight in this sub market, where maybe it would advise you to bump up your rent. So, tell us about how AI is helping you with rent pricing.   Aundrea Newbern  38:12   Yeah, so you know, as a broker, I obviously have access to the MLS, which we use for a lot of data, but then sometimes there's rentals that are not on the MLS, so you know an owner went and listed it themselves, and I actually have an agent that their task is to go in every couple of days, and they'll analyze any of our existing listed properties that we have that are not occupied. We're still waiting on somebody to apply, and it'll go and tell me, "Hey, is anything else been listed? Has anything that was out there when we did our review two days ago? Has anything closed? Can we figure out, you know, what price it rented for? Sometimes it can, sometimes it can't, but it'll provide me a report every two days, automated, in my inbox for me to be able to look at on that. So it's really nice.   Keith Weinhold  38:51   Wow, this could be hugely useful. Yeah, or imagine on the flip side of that, if AI detects that there are a lot of vacancies in your area that, hey, you probably don't want to get so aggressive with rent increases. In that case, was there any last way that you're using AI in real estate? Maybe something I didn't think about asking you, Aundrea.   Aundrea Newbern  39:10   If we talk about long-term rentals, not as much. I think you kind of hit on the main things that we're using it for right now, but if we look at vacation rentals, it is doing a lot more there, I think, at the moment than it is long term. So, for example, pricing - we have dynamic pricing that we use for all of our vacation rentals, and the dynamic pricing isn't perfect, so somebody still has to physically go in and make sure no tweaks need to be made, that there's nothing weird going on in the software. I now have an AI agent that, that is their number one job. They go in once a day, they review all of our pricing. They let me know whether we need to adjust it up, down, change our minimum days, maximum days, and we make the adjustments. We're training it now to actually do those for us, but we haven't let it do it yet, so we're still waiting there. It's still waiting on its approval for me to do that, but things such as pricing, things such as going through and analyzing guest feedback, or guest. First tone, even in messages, it's providing me reports on that daily, so I can help identify problems that are maybe small problems before they become big.   Keith Weinhold  40:07   It makes sense that it would be more applicable in short-term rentals with all the turnover that you have there. Well, Andrea, let us know if there's a way for our followers to keep up with you and what you're doing, because people still ask about you here. You're so well liked. Let us know.   Aundrea Newbern  40:26   Yeah, so there's a couple of ways. If you're wanting to kind of see what we're doing with property management or our company, you can go to goldenaislesretreats.com There's also for a way for you to get in touch with me there. You can also check me out on LinkedIn or on Facebook, so I'm there as well, and I'd be happy to connect with anybody. I miss our listeners.   Keith Weinhold  40:43   Oh, Andrea, it's been valuable. It's been great having you back.   Aundrea Newbern  40:46   Thank you, Keith.   Keith Weinhold  40:53   Yeah, great to hear from Aundrea again on the show. It has been a few years. If you use professional management like I do, they will most likely be applying AI in a lot of the ways that we discussed. Coming up on the show soon, a life coach that's had a profound effect on a number of guests that we've hosted here on the show over the years. He has agreed to join us. He doesn't do a lot of appearances like this, so it'll be great. We'll hear directly from Daniel Thomas Hind, and how he transforms the lives of so many business people and investors professionally, physically, and mentally. I'm confident that it's going to help you get more out of life too. Until next week, I'm your host, Keith Weinhold. Don't quit your daydream.   Speaker 1  41:45   Nothing on this show should be considered specific personal or professional advice. Please consult an appropriate tax, legal, real estate, financial, or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss, the host is operating on behalf of Get Rich Education LLC exclusively.    Keith Weinhold  42:13   The preceding program was brought to you by Your Home for Wealth Building, getricheducation.com.

Each week Pastor Chris will be bringing you a powerful word on whatever topic he is covering in the church but with a specific focus! PC dives into the word and brings you lots of scriptures about whatever topic it is to get you more biblical knowledge and understanding about what God is saying to you through his word! Welcome to Chris Sarno TV, an online campus of Relevant Church located in Daytona Beach, Florida. We pray that through this service you find your place, reveal your purpose, and unlock your potential! We pray this message blesses you and gives you the strength you need to do and be all that God has called you to do and be! Leave a comment below letting us know how this message impacted you today, we'd love to chat with you! #RelevantChurch #ChrisSarnoTV #PastorChrisSarno #OnlineChurch #ChurchOnline #RelevantChurchDaytonaBeach #Midweek #MDWK -------------------------------------------------------------------------------------------------------------------------------------------------------------- Ways to Give: Text to Give: Text your amount to 888-364-4483 Online Giving: Visit our website http://www.relevantfl.org/giving to give via debit, credit, or ACH Mail It In: Send gift Via USPS to 920 Beville Rd. Daytona Beach, FL 32114 -------------------------------------------------------------------------------------------------------------------------------------------------------------- Stay Connected: Subscribe to our YouTube Channel: @RelevantChurch Relevant Church Website: https://www.relevantfl.org/ Relevant Church Instagram: https://www.instagram.com/relevant_fl/ Relevant Church Facebook: https://www.facebook.com/RelevantFL Relevant Church TikTok: https://www.tiktok.com/@relevant_fl Relevant Church App: https://apps.apple.com/app/id1615804850?fbclid=IwAR3aHqo_6kr8Tzd_JK6xihjfJkVk6j7-iqITDj1u1wFicDLn6g6C29gL3LY Rkidz Facebook: https://www.facebook.com/rkidzfl Relevant Youth Instagram: https://www.instagram.com/relevantflyouth/ Relevant Church Spotify: https://open.spotify.com/show/6nUtPIkecEehfstUWWPIVU?si=QBMEtu85SyuU3FxRM1X7lg&nd=1 Pastor Chris Sarno's Website: https://www.chrissarno.tv/ Chris Sarno App: http://www.chrissarno.tv/app -------------------------------------------------------------------------------------------------------------------------------------------------------------- Scripture References: 2 Corinthians 8:9 Hebrews 6:10 Hebrews 11:6 Hebrews 6:12 Luke 2:49 Romans 8:11 Ephesians 3:16 Matthew 19:16-26 -------------------------------------------------------------------------------------------------------------------------------------------------------------- Wednesday, June 10th 2026 Pastor Chris Sarno Relevant Church Diligence Is Doing The Right Thing After Excitement Has Worn Off | Chris Sarno TV

This publication provides general information only and is not legal or professional advice. CPA Australia gives no warranties as to its accuracy, completeness or suitability and disclaims all liability for reliance on it. Listeners should seek their own independent advice for their circumstances. What does Australia's biggest AML (anti-money laundering) reform in years mean for accountants, lawyers, advisers and business owners?  This episode breaks down the tranche 2 anti-money laundering reforms, the growing role of AUSTRAC, and why professional service firms are becoming critical gatekeepers in the fight against financial crime.  The discussion explores how money laundering really works, why criminals target trusted advisers, and the practical steps businesses need to take to prepare for new compliance obligations.  Main learnings:  Why Australia is expanding AML reporting obligations  How accountants and lawyers help identify suspicious activity  What suspicious matter reporting involves in practice  Why knowing your customer is central to AML compliance  The role of AUSTRAC as regulator and intelligence agency  Common red flags linked to financial crime and tax evasion  How smaller businesses can approach AML compliance practically  This episode offers practical guidance for accounting, finance and advisory professionals navigating Australia's evolving AML landscape.  Listen now.  Host:  Jacqueline Blondell, editor, CPA Australia  Experts:  Brendan Thomas, AUSTRAC CEO  Geoff Peck, a former fraud squad detective with Victoria Police's major Fraud Group, and managing director Forensic & Integrity Solutions Amanda Wood, managing director, Kroll's Investigations, Diligence and Compliance Practice  For more, head to the Australian Institute of Criminology website.  Need help with your AML/CTF obligations? AUSTRAC and CPA Australia have a host of resources. AUSTRAC's guidance for small business is another useful resource.  And head to the Crime By Numbers homepage to catch up on earlier eps in this second series as well as series 1.   Loving this episode?  Listen to more INTHEBLACK episodes and other CPA Australia podcasts on YouTube. https://www.youtube.com/@CPAaustralia/podcasts  And don't forget to click subscribe to the channel for a wide range of content that will help your career.  CPA Australia publishes four podcasts, providing commentary and thought leadership across business, finance and accounting:  With Interest https://www.cpaaustralia.com.au/tools-and-resources/podcasts/with-interest   INTHEBLACK https://www.cpaaustralia.com.au/tools-and-resources/podcasts/intheblack  INTHEBLACK Out Loud https://www.cpaaustralia.com.au/tools-and-resources/podcasts/intheblack-outloud  Excel Tips https://www.cpaaustralia.com.au/tools-and-resources/podcasts/excel-tips   Search for them in your podcast platform. Email the podcast team at podcasts@cpaaustralia.com.au Chapters: 00:00 Disclaimer 00:21 The social purpose of anti-money laundering 00:45 Introduction to Crime By Numbers Episode 3  01:28 AUSTRAC's role in Australia's AML/CTF regime 02:44 History of money laundering laws and Tranche 2 reforms 03:22 Why Australia is catching up with global AML standards 04:20 Why accountants and lawyers see risks banks can't 05:23 Core obligations for new AML gatekeepers: KYC and reporting 07:05 Comparing Tranche 1 and Tranche 2 compliance challenges 08:15 Embedding AML compliance into professional practices 09:37 Knowing your customer and hidden criminal risk 11:03 Business benefits of stronger AML processes 11:37 Common misconceptions about money laundering and cash 12:39 AUSTRAC guidance, starter kits, and industry support 14:29 Enforcement approach, penalties, and expectations 15:13 The real victims behind money laundering crimes 16:32 Resources for new gatekeepers and closing remarks

Ecclesiastes 9:1–17 frames life “under the sun” as a repeated meditation on meaning, mortality, and posture toward the ordinary. Ecclesiastes uses steady iterations—like a song reworked over time—to press a dark but honest diagnosis: life without appeal beyond the present age looks empty, arbitrary, and often cruel. Nihilism shows up in several forms—existential loneliness, moral relativism, epistemic skepticism, and cultural breakdown—and the text treats each as a current that shapes modern thought and practice. Solomon observes that death levels distinctions: the righteous and wicked share the same end, and social honors mean nothing at the grave. Solomon pushes the logic of meaninglessness to a blunt conclusion and then counsels a counterintuitive response. The text counsels feasting, enjoyment of one's spouse, diligent work, and celebration—not as naïve hedonism but as prudent embrace of the gifts available in a limited life. Solomon argues for taking pleasure in ordinary provisions and relationships because time and chance make outcomes unpredictable; fortunes turn by luck as often as by wisdom. The narrative's brief portrait of a wise man who risks and gives himself to save a small city—and is forgotten and despised afterward—becomes the book's single declaration of greatness. Solomon elevates self‑giving wisdom over reputation, wealth, and achievement. The story of a nameless rescuer reframes true greatness as sacrificial service for the insignificant rather than accumulation of prestige. The Old Testament portrait points forward to the supreme example of kenotic wisdom: the incarnate King who humbled himself for the salvation of those who could not save themselves. For those anchored in that redemption, meaning and hope outrun luck and the leveling power of death, and present joys become signs of a fuller promise to come.

This powerful message takes us deep into the concept of diligence as a spiritual force that transforms our lives from the inside out. We often think of diligence as simply showing up on time or working hard, but Scripture reveals it as something far more profound—it's the refusal to quit what God has called us to pursue. The sermon explores Proverbs 12:24, which declares that the hand of the diligent shall bear rule, contrasting those who persist with those who fall under circumstances. We're challenged to examine not just our external efforts, but our internal diligence: Are we guarding our thoughts? Are we persistent in our pursuit of God's presence? The message unpacks Hebrews 11:6, reminding us that God rewards those who diligently seek Him—not casually, not occasionally, but with relentless determination. This isn't about perfection; it's about pursuit. When we face tiredness, discouragement, slow progress, or opposition, diligence becomes the supernatural force that carries us through. The Canaanite woman who wouldn't take no for an answer, Jacob wrestling with God until he received blessing, David facing Goliath—these stories illustrate what happens when determination meets faith. We're called to be finishers, people who understand that victory is guaranteed if we simply don't faint. The message lands powerfully on Galatians 6:9: we will reap if we don't grow weary in well-doing. The only thing that can stop our harvest is quitting before it arrives. We pray this message blesses you and gives you the strength you need to do and be all that God has called you to do and be! Leave a comment below letting us know how this message impacted you today, we'd love to chat with you! #RelevantChurch #Diligence #Reward #RewardsOfDiligence #PastorChrisSarno #OnlineChurch #RelevantChurchDaytonaBeach #Church #ChurchOnline #RelevantChurchFlorida -------------------------------------------------------------------------------------------------------------------------------------------------------------- Ways to Give: Text to Give: Text your amount to 888-364-4483 Online Giving: Visit our website http://www.relevantfl.org/giving to give via debit, credit, or ACH Mail It In: Send gift Via USPS to 920 Beville Rd. Daytona Beach, FL 32114 -------------------------------------------------------------------------------------------------------------------------------------------------------------- Stay Connected: Subscribe to our YouTube Channel: @RelevantChurch Relevant Church Website: https://www.relevantfl.org/ Relevant Church Instagram: https://www.instagram.com/relevant_fl/ Relevant Church Facebook: https://www.facebook.com/RelevantFL Relevant Church TikTok: https://www.tiktok.com/@relevant_fl Relevant Church App: https://apps.apple.com/app/id1615804850?fbclid=IwAR3aHqo_6kr8Tzd_JK6xihjfJkVk6j7-iqITDj1u1wFicDLn6g6C29gL3LY Rkidz Facebook: https://www.facebook.com/rkidzfl Relevant Youth Instagram: https://www.instagram.com/relevantflyouth/ Relevant Church Spotify: https://open.spotify.com/show/6nUtPIkecEehfstUWWPIVU?si=QBMEtu85SyuU3FxRM1X7lg&nd=1 Pastor Chris Sarno's Website: https://www.chrissarno.tv/ Chris Sarno App: http://www.chrissarno.tv/app -------------------------------------------------------------------------------------------------------------------------------------------------------------- Scripture References: Proverbs 12:24 Hebrews 11:6 Matthew 19:16-22 Matthew 19:23-24 Galatians 6:7 Galatians 6:9 Luke 2:49 James 1:2 1 John 4:4 John 8:32 Mark 9:23 Isaiah 53:5 Genesis 2:15 Matthew 15:21-28 Mark 5:25-34 Romans 10:9-10 -------------------------------------------------------------------------------------------------------------------------------------------------------------- Sunday, June 7th 2026 Pastor Chris Sarno Relevant Church The Rewards Of Diligence | Week 1 | Sunday, June 7th 2026 | Pastor Chris Sarno | Relevant Church

Welcome back to the Alt Goes Mainstream podcast.Today's conversation provides a fascinating window into the world of how one of the industry's largest wealth managers approaches private markets.We sat down with the man who holds the keys to the kingdom.Mark Sutterlin is the Head of Alternative Investments within the Investment Solutions Group at Bank of America. He leads the firm's strategy and platform development across hedge funds, private credit, private equity, physical precious metals, and real estate, delivering a broad spectrum of institutional-grade investment solutions to advisors and their clients.Mark brings the advisor's perspective to bear as he builds the alternative investments menu for Merrill and Bank of America Private Bank and helps educate advisors and clients on how and where to thoughtfully and appropriately include private markets in portfolios.Mark and I had a fascinating discussion. We covered:How GPs can work with private banks.What one of the largest private wealth allocators looks for in GPs.How Merrill approaches different product structures to deliver solutions across the wealth client spectrum.What constitutes a manager's edge.I loved this conversation with Mark, who takes such a thoughtful approach and brings a true passion to helping clients and advisors build and protect wealth.Thanks Mark for sharing your expertise, wisdom, and passion on private markets and private wealth.Show Notes00:00 Investor Edge Beyond Returns00:32 Sponsor Message from Ultimus01:41 Meet Mark Sutterlin04:15 Advisor Trust and Responsibility04:24 Penetration Across Wealth Tiers04:38 Scaling Alts Across Books04:49 Evergreen to Drawdown Spectrum05:12 Building the Shelf Challenge05:32 Evergreen Role in Portfolios05:42 Serving Broad Client Needs06:06 Optionality Not One Product06:20 Diligence as Core Identity06:48 Nuance in Private Credit07:27 Long-Term Themes Overlay07:56 Core and Satellite Question08:28 Drawdown vs Evergreen Tradeoffs08:48 Advisor Client Feedback Loop09:25 Evergreens Now Dominate Flows09:49 Evergreen Growing Pains10:14 Education and Expectations10:42 Rotation Within Evergreens11:11 Who Can Run Evergreens Well11:35 Scale Deal Flow Allocation Policy12:29 Post Sale Servicing Matters12:52 How Managers Should Service13:23 Transparency Builds Loyalty14:03 Vetting Managers for Private Banks14:45 Investor Skill Is Table Stakes15:22 Thousand Funds Deep Diligence16:07 Unpacking Firm DNA16:23 Private Wealth Is High Touch16:53 Eyes Wide Open Expectations17:14 Best GPs Listen and Adapt18:12 Customization Versus Scale19:13 Specialists and Custom Funds19:57 Proposal Tools for Advisors20:43 Menu Design From Client Needs21:25 Differentiation in UHNW22:31 Co-Invest and Capacity Access24:43 Tech DLT and Streamlining25:38 Biggest Blocker Education Gap26:45 Misconception Complexity27:52 Alts Invitationals Bootcamp29:45 Where Advisors Are Today30:16 What Why How Framework31:32 Implementation Needs Support31:51 Scaling the Alts Business32:45 Open Architecture Platform33:01 Lifecycle Ops Risk Controls33:40 Where to Invest Next33:53 Infrastructure and DLT Readiness34:42 Future Growth Sources35:37 Advisors Yet to Adopt36:00 Balanced Growth Outlook36:58 Client Sentiment Today38:11 Patience and Long-Term Adoption38:51 Next Gen Investor Mindset40:43 Defining a Manager's Edge41:23 Specialization and Storytelling42:31 Building a Menu of Edges42:47 Business Plan Plus Open Mind43:44 Advice for GPs Pitching Merrill44:39 Platform Differentiation and Exclusivity46:47 What Worries Mark Today48:19 Excited About AI and Infrastructure50:42 Wrap Up and ThanksA Word from Our Sponsor, UltimusThis episode of Alt Goes Mainstream is brought to you by Ultimus, the full-service fund administrator and transfer agent powering asset managers in private and public markets. As alts go mainstream, you need real expertise to handle complex fund structures, connect with key distribution partners, and handle sophisticated compliance, reporting, and transparency demands.That's Ultimus: high-tech, high-touch solutions for over 450 clients and 2,500 funds with $775B in assets under administration. Backed by an expert team of over 1,200 employees, they place client service at the core of their business, helping you navigate complexity during your fund structuring or launch and then supporting you through every stage of growth. Whether you're already in the market or thinking about entering private wealth, you can trust their team's deep expertise in retail alternatives to help you reach your goals.Learn more at ultimusfundsolutions.com or email info@ultimusfundsolutions.com.We thank Ultimus for their support of alts going mainstream.Editing and post-production work for this episode was provided by The Podcast Consultant.

This week, we tackle the alarming rise in financial scams targeting retirees and their hard-earned savings. With insights straight from the FBI and real-world examples of scam attempts, I break down the key tactics used by fraudsters and reveal the subtle ways they can gain access to your retirement accounts. From sophisticated account takeovers to fake invoice emails, you'll learn the warning signs to watch for—and, most importantly, practical strategies to protect yourself and your financial future.    You will want to hear this episode if you are interested in... [00:00] How financial scams work and what listeners can do to protect themselves [03:27] Recognizing scam tactics and risks [09:38] Recognizing fake invoice scams [10:36] Email scams and malware threats [16:30] Adding verbal passwords for security [17:28] Avoiding financial scams   Why Retirees Are in Scammers' Crosshairs Retirees often represent an attractive target to scammers, thanks to years of diligent saving and sometimes less familiarity with new scam techniques. With the Federal Bureau of Investigation noting a surge in financial fraud, understanding the mechanics of modern scams is essential. Scammers rely on a proven formula: Use of a trusted-looking sender Creation of a sense of urgency Sufficient believable details to seem legitimate   When you recognize these methods, retirees and their families can more easily spot fraud attempts and prevent the devastating loss of hard-earned assets.   Four Scams Every Retiree Needs to Know 1. The Account Takeover Arguably, the most damaging scam involves fraudsters masquerading as your bank or investment firm. It starts innocuously: a text asks if you authorized a transaction. Replying prompts a phone call from a supposed representative. Thanks to massive data breaches, these scammers may already know your personal details — they just need one missing piece. They'll convince you to read out a "security code" sent by your institution. Handing over this code gives the scammer direct account access, allowing them to transfer funds instantly. Importantly, because you authorized the transaction, financial institutions like Charles Schwab often won't reimburse the loss.    2. The Debt Collector Text Message Here, you get a text from a "debt collector" referencing a fictitious account, amount, or government agency. Designed to provoke fear and haste, these messages trick recipients into calling the number provided or clicking a link — both of which compromise your security or lead to unauthorized payments.   3. The Unpaid Toll Notification You receive an alert for a small, believable toll charge. With such a trivial amount, many people click the link and pay without thinking, handing over payment info to scammers who make larger, unauthorized withdrawals.   4. The Fake Invoice Email Sophisticated emails may claim to be from reputable companies like Microsoft, complete with realistic logos and urgent language about an outstanding invoice. The danger here is twofold: opening the attachment can load malware or ransomware onto your device, or responding to the invoice sends money straight to a crook. Always verify the sender before clicking links or attachments.   Great Habits for Scam Prevention This is my seven-point toolkit to keep you one step ahead of scammers. Practice these habits consistently to stay safe:   Slow Down: Scammers exploit urgency. Pause, breathe, and verify requests. Don't Answer Unknown Numbers: Let unfamiliar calls go to voicemail, especially those spoofing local area codes. Avoid Clicking Suspicious Links: Always visit official websites or use verified contact numbers when responding to alerts or billing issues. Guard Your Personal Information: Never share sensitive info like PINs, passwords, or codes unless you started the interaction. Use Authenticator Apps: These offer extra security beyond SMS-based codes, which can be intercepted. Add Verbal Passwords to Accounts: Financial institutions often allow this as an additional security measure. Assume It's a Scam: When in doubt, err on the side of caution and reach out to institutions through official channels.   Diligence is Your Best Defense Scams will continue to evolve, but the best protection comes from vigilance and skepticism. Always vet instructions that involve your money, pause before acting, and confirm legitimacy through direct contact. Your savings represent a lifetime of work; protect them fiercely so they'll serve you for years to come.   Resources Mentioned Retirement Readiness Review Subscribe to the Retire with Ryan YouTube Channel Download my entire book for FREE  Charles Schwab Fidelity Vanguard EPIC - Equifax Data Breach    Connect With Morrissey Wealth Management  www.MorrisseyWealthManagement.com/contact Subscribe to Retire With Ryan  

Are you ready to step into your calling? In this powerful and encouraging message, Phil reminds us that God is doing some amazing things right now in Wirral, in our nation, and beyond! We aren't just onlookers—we are actually invited and called to be a vital part of the Great Commission. Phil takes us on a journey from the Old Testament to the New Testament, starting with Daniel's breathtaking vision of Jesus's eternal authority and kingdom. He connects this heavenly power straight to Matthew 28, reminding us that Jesus has invested that very same authority in us to go out and make disciples. But how do we do that practically? Phil dives into Ephesians 4 and Romans 12 to look at how the church is built to work together. He breaks down: The Five-Fold Ministry: How God specifically appoints leaders, pastors, and teachers to equip the church. Phil challenges us to honor, encourage, and support our leaders who carry the heavy responsibility of watching over our souls. Stirring Up Our Gifts: Whether your gift is serving, encouraging, teaching, or giving, Phil reminds us that every role is vital. He shares a heartwarming personal story about how a simple word of encouragement fueled his own heart, and he challenges us to bless others the same way! Diligence in Leadership: Phil unpacks what true, godly leadership looks like—it's not about self-promotion or natural ambition, but about humility, spiritual maturity, and being a living sacrifice. If you are called to lead, Phil's message is clear: do it diligently, passionately, and with no half-measures! We are one body with many different gifts, all serving the same Lord. Let's shake off any laziness, stir up our spiritual fervour, and serve God with everything we've got! Key Scriptures Mentioned:

Proverbs 10:4, 10:5, 10:26; 12:11, 12:24; 14:4, 14:23; 15:19; 20:13; 21:5; 22:13, 22:29; 24:30-34; 25:13, 25:14; 26:13-16; 28:19 Speaker: Steve Lambert

Join hosts Rod and Janice Hembree in this insightful episode of Bible Discovery as they delve into Proverbs Chapter 10. Discover the profound teachings of wisdom, the impact of righteous living, and the importance of diligent work as outlined in the scriptures. With additional segments from Corey and Ryan, this episode provides a comprehensive exploration of how biblical wisdom can influence our daily lives and relationships. Perfect for anyone seeking to deepen their understanding of the Bible's teachings.

An episode from Lukfata Baptist Church, a conservative, independent body of King James Bible believers located in Broken Bow, Oklahoma. If you are looking for a church in the Broken Bow, Oklahoma area that preaches the Truth from God's Word, reach out to us at any time. We would love to hear from you at (580) 376-4721 or on our website: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://lukfatabaptistchurch.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  You may also write to them at:Lukfata Baptist Church1444 Lukfata Church Rd,Broken Bow, OK 74728 This message is part of the KJV Bible Preaching Churches Podcast, a ministry dedicated to making faithful, King James Bible preaching available to all; especially those who may have limited access to sound biblical teaching.Our purpose is simple: to exalt the Lord Jesus Christ, uphold the authority of the Holy Scriptures, and point souls to the truth of God's Word. Every message shared through this podcast comes from likeminded, Bible-believing churches and ministries that hold firmly to the King James Bible as the final authority in faith and practice.This podcast is used as a Gospel resource and teaching tool, including outreach efforts to individuals who are incarcerated. We believe God's Word is living, powerful, and able to work in hearts wherever it is heard.If you are a pastor, preacher, or church that faithfully preaches from the King James Bible and would like to learn more about being part of this podcast, or if you have questions about this ministry, you are welcome to reach out.The KJV Bible Preaching Churches Podcast is directly supported by Doss Metrics LLC | Ministry Services based out of Cleveland Texas. If you have any questions regarding this podcast, or the churches hosted on the podcast, please reach out to us directly at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠dossmetrics@gmail.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ or write to us at: Doss Metrics | KJV Bible Preaching Churches Podcast1451 McBride Rd.Cleveland, TX 77328 God Bless#LukfataBaptistChurch #PastorChipPinkerton #KingJamesPreaching #Churches #PreachingPodcast

We are living in a time where distractions are everywhere and wasted time has become normal, yet the Bible commands us to live wisely and faithfully with the time God has given us. Diligence, faithfulness, and recognizing the season we are in are marks of wisdom. Time is one of the most precious commodities we possess, and once it is gone, we never get it back. This message is a challenge to stop drifting, stop sleeping through the opportunities God has placed before us, and start living with purpose, urgency, and faithfulness before the LORD.

This publication provides general information only and is not legal or professional advice. CPA Australia gives no warranties as to its accuracy, completeness or suitability and disclaims all liability for reliance on it. Listeners should seek their own independent advice for their circumstances.  Money laundering.  It's a business that's rife worldwide, with billions of dollars illegally laundered each year.  In Australia it's estimated that money laundering costs the economy A$60 billion a year.  In 2026, money laundering is under the microscope because Australia's Anti-Money Laundering and Counter Terrorism Regime is being expanded.  New gatekeepers are being added to the mix to fight against this crime, including accountants, lawyers, real estate agents and dealers in precious metals and gems.  In this second series of Crime by Numbers, delve into the murky depths of the world's laundromat.  Episode one goes inside the laundry and explores why money laundering is so harmful, the far-reaching costs to individuals and economies and what we can do to clean it up.  Listen now.  Host:  Jacqueline Blondell, editor, CPA Australia  Experts:  Geoff Peck, a former fraud squad detective with Victoria Police's major Fraud Group, and managing director, Forensic & Integrity Solutions Brendan Thomas, AUSTRAC CEO  Amanda Wood, managing director, Kroll's Investigations, Diligence and Compliance Practice  Dr Milind Tiwari, senior lecturer the Australian Graduate School of Policing and Security at Charles Sturt University in Canberra  Kris Wilson, team leader, Cybercrime Investigations at Australian Federal Police  For more, head to the Australian Institute of Criminology website. Need help with your AML/CTF obligations? AUSTRAC and CPA Australia have a host of resources. In the next episode of Crime by Numbers, discover how money mules such as Boliang Liu operate and the scams that lie behind the money laundering process.  Also, hear how the metaverse is transforming money laundering and making the detection process a lot trickier.  Stay tuned for episode two coming soon: The players and the crimes.  Loving this episode?  Listen to more INTHEBLACK episodes and other CPA Australia podcasts on YouTube. https://www.youtube.com/@CPAaustralia/podcasts  And don't forget to click subscribe to the channel for a wide range of content that will help your career.  CPA Australia publishes four podcasts, providing commentary and thought leadership across business, finance and accounting:  With Interest https://www.cpaaustralia.com.au/tools-and-resources/podcasts/with-interest  INTHEBLACK https://www.cpaaustralia.com.au/tools-and-resources/podcasts/intheblack  INTHEBLACK Out Loud https://www.cpaaustralia.com.au/tools-and-resources/podcasts/intheblack-outloud  Excel Tips https://www.cpaaustralia.com.au/tools-and-resources/podcasts/excel-tips  Search for them in your podcast platform. Email the podcast team at podcasts@cpaaustralia.com.au  Chapters 00:00 Disclaimer 00:22 How much dirty money is in the Australian economy? 00:43 What is money laundering and why does it matter? 01:16 Inside the Laundry: episode overview 01:33 The history of money laundering from ancient China to Prohibition 01:57 Where did the term "money laundering" come from? 03:39 What does money laundering cost the global and Australian economy? 04:22 Which crimes generate the most laundered money in Australia? 04:43 AUSTRAC explained: who it regulates and why reforms are expanding 05:15 Brendan Thomas on dirty money in Australia 05:54 Is money laundering a victimless crime? 07:36 How fraud against government programs like the NDIS links to money laundering 09:17 How money laundering works: placement, layering and integration 10:24 Real case study: how $60 million moved through global bank accounts 12:25 Shell companies and money laundering red flags 13:45 Bank capture, major AML failures and billion-dollar fines 14:52 Operation Taipan: how Australian banks helped detect a laundering syndicate 16:07 Next episode: money mules, scams and the metaverse

Proverbs 4:23

Men's breakfast, lead monthly, work, responsibility

This week, we step into an important new next phase of

As leaders, we have two jobs: to set the vision and to remove obstacles. Use "The 3D Fix:" Discernment, Discipline, and Diligence.

"Companies are bought, not sold."That single line from Yves Frinault reframed the entire conversation on our first-ever Exited Founder Acquisition Roundtable.We sat down with four construction tech founders who collectively sold their companies for hundreds of millions:✅ Yves Frinault (Fieldwire → Hilti) ✅ Dustin DeVan (BuildingConnected → Autodesk, $275M cash + $40M stock) ✅ Mo Akbari Hochberg (HoloBuilder → FARO, ~$36M) ✅ Zach Scheel (Rhumbix → Autodesk, fresh off the deal)Tune in to find out:✅ Why Hilti told Fieldwire "we'll never acquire you" four years before acquiring them ✅ The one negotiation tactic Dustin says every founder should use against corp dev teams ✅ Why an acquisition is a "one-way door" once you walk in, and how to know you're ready ✅ The QSBS detail that decides how much of the exit you actually keepFull episode on Spotify and YouTube now.#aec #construction #constructiontech #bricksandbytes #bricksbytes #bricksbucksandbytes #ai #vct Our Sponsors:BreadCrumb- 50,000+ projects globally. All running safer, faster, with Breadcrumb. - breadcrumb.coAphex is the multiplayer planning platform where construction teams plan together, stay aligned, and deliver projects faster – check out aphex.coArchdesk - “The #1 Construction Management Software for Growing Companies - Manage your projects from Tender to Handover” check archdesk.comChapters00:00 Intro00:46 Introduction to the Acquisition Round Table03:25 Founders' Experiences and Lessons Learned 06:31 Understanding the Role Post-Acquisition 09:40 The Importance of Timing in Acquisitions 09:56 Sponsors 12:57 Fundamentals for Being an Attractive Acquisition Target 31:06 The Exit Journey: Building Value Before Acquisition 33:14 Business Fundamentals: Attracting Strategic Acquirers 36:04 Diligence and Documentation: Preparing for Acquisition 38:56 Revenue and Customer Love: Key Acquisition Drivers 41:13 Understanding ARR: Acquisition Thresholds and Market Dynamics 48:53 Negotiation Strategies: Preparing for the Table 54:46 Lessons from Exits: Growth as a Founder 01:00:45 Defining Success Beyond Numbers 01:02:42 Mindfulness in Leadership During Transitions 01:04:22 The Importance of a Strong Executive Team 01:05:20 The Shift in Perspective Post-Acquisition 01:06:11 Reflections on Founding and Structuring Companies 01:08:37 Creating Value Over Tax Strategy 01:11:21 The Reality of Startup Success Rates 01:11:54 Choosing the Right Company to Join 01:14:48 The Value of Collaboration and Shared Experiences

In God's call of sanctification, we as believers learn to love our fellow brothers and sisters in the Lord. We seek each other's good in Christ and seek to live a quiet life pleasing in His sight. What does it mean to aspire to live quietly? We see this area unpacked in 1 Thessalonians 4:9-12!

Want to Start or Grow a Successful Business? Schedule a FREE 13-Point Assessment with Clay Clark Today At: www.ThrivetimeShow.com   Join Clay Clark's Thrivetime Show Business Workshop!!! Learn Branding, Marketing, SEO, Sales, Workflow Design, Accounting & More. **Request Tickets & See Testimonials At: www.ThrivetimeShow.com  **Request Tickets Via Text At (918) 851-0102   See the Thousands of Success Stories and Millionaires That Clay Clark Has Helped to Produce HERE: https://www.thrivetimeshow.com/testimonials/ Download A Millionaire's Guide to Become Sustainably Rich: A Step-by-Step Guide to Become a Successful Money-Generating and Time-Freedom Creating Business HERE: www.ThrivetimeShow.com/Millionaire   See Thousands of Case Studies Today HERE: www.thrivetimeshow.com/does-it-work/  

Don Penland | Operating Partner | Knox Capital  What actually happens after a deal closes—and what do buyers wish founders had done before?  In this Buyer's Corner episode, Don Penland, Operating Partner at Knox Capital, shares a hands-on view of how private equity evaluates, acquires, and then improves software businesses.  Don breaks down what makes a company attractive from an operator's lens, where founders create risk without realizing it, and what typically gets fixed immediately post-acquisition—from financial visibility to go-to-market execution.  If you're building with an exit in mind—or want to understand how buyers think beyond the pitch—this episode gives you a clear, practical view of what happens on the other side of the deal.  Key takeways:   • What private equity buyers prioritize beyond growth  • Where founders create risk before a deal  • What gets fixed in the first 90 days post-acquisition  • How to position your company for a stronger exit    00:00 – Introduction & Don's background    01:20 – How PE firms evaluate software companies    03:30 – What makes a company attractive to buyers    06:00 – Diligence priorities beyond the numbers    08:30 – Common operational gaps founders miss    11:00 – What gets fixed post-acquisition    13:30 – Advice for founders preparing to sell    15:30 – Closing thoughts   

If you've been pushing yourself to do more, research more, and try more when it comes to your health — this episode is for you. Today we're going back to the original Hebrew to uncover what Solomon actually meant when he used the word "diligent" in Proverbs. And it's not what most of us think. This isn't a try-harder message. This is a work-smarter, trust-God, move-with-precision message — and it has everything to do with how you approach your healing journey. This episode is for the Christian woman who is done spinning her wheels, confused by every new health trend, and ready to move forward with clarity, faith, and real direction. --- What Does "Diligent" Actually Mean in Proverbs? Most of us grew up thinking diligent simply meant hardworking and persistent. But when you go back to the original Hebrew, the word used in Proverbs — charuwts — paints a completely different picture. According to Strong's Concordance, charuwts means incisive, decisive, and sharp. It's the same word used to describe a threshing sledge — a heavy agricultural tool with iron teeth, dragged across grain to separate what's valuable from what isn't. Sometimes a person would sit on top of it to increase the weight and effectiveness. This is not a passive word. This is a precise, relentless, purposeful word. And here's what Proverbs says about the diligent woman: • Proverbs 12:24 — the diligent will rule • Proverbs 13:4 — the soul of the diligent will be richly supplied • Proverbs 21:5 — diligence leads to abundance --- Work Smarter, Not Just Harder Here's the shift that changes everything: the threshing sledge wasn't just powerful — it was efficient. It had a specific purpose and it executed that purpose with precision. Jesus said in Matthew 11 that his yoke is easy and his burden is light. That doesn't mean life won't require effort. But it does mean we're not called to frantic, scattered, exhausting effort. We're called to sharp, intentional, God-directed effort. In 2026, distraction is one of the biggest enemies of diligence. When we don't know what our goals are, when we haven't sat with God long enough to hear what He's asking of us, we can't be relentless — because we don't even know what we're running toward. James 1 puts it plainly: the double-minded person, the one who asks but doubts, is like a wave tossed by the wind. Unstable. Unsteady. Unable to receive. --- Why Your Holistic Health Journey Feels So Overwhelming If you're dealing with chronic fatigue, autoimmune symptoms, or trying to figure out what your body actually needs — the noise is overwhelming. Every doctor says something different. Every health guru has a different protocol. Every natural remedy promises to be the answer. But the Hebrew definition of diligent isn't "research everything." It's be precise. Be decisive. Be sharp about what God is showing you. This is what a faith-centered approach to holistic health actually looks like in practice: • Going to God first for wisdom about your body, not just Google • Receiving direction and then actually following through — not second-guessing every step • Recognizing that every part of your life shapes your health: your relationships, your schedule, your commitments, your alignment with your calling • Letting go of the supplement overload and leaning into the foundational things — rest, alignment, peace, and purpose When the busyness of life pulls us away from who God created us to be, that disconnect creates a mental and physical load that affects our health in ways no supplement can fix. Christian wellness isn't just about what you eat. It's about how you live. --- Time-Stamped Highlights • 0:00 — The Hebrew word for "diligent" in Proverbs and the threshing sledge picture • 0:29 — Three key Proverbs about diligence and what they promise • 1:22 — What charuwts actually means: incisive, decisive, sharp, relentless • 3:18 — Why this points to working smarter, not just harder • 4:15 — Distraction as the enemy of diligence in 2026 • 4:42 — James 1 and the danger of being double-minded • 5:42 — How this applies directly to your autoimmune healing and health journey • 7:08 — The turning point: when healthy eating wasn't enough and God showed a better way • 8:07 — How living out of alignment with your calling affects your health • 9:03 — A direct invitation to act on what God has already been showing you --- Key Takeaways • The Hebrew word for "diligent" in Proverbs means far more than hardworking — it means precise, decisive, sharp, and relentless, like a threshing instrument with a specific purpose • Distraction is one of the biggest barriers to true diligence — it's hard to be relentless when you don't know what you're pursuing • God calls us to seek His wisdom and then obey it — not to keep searching indefinitely while doubting every step • Holistic health isn't just physical — your relationships, schedule, purpose, and alignment all shape your body's ability to heal • You can acknowledge your feelings — the tiredness, the discouragement, the lack of hope — and still choose obedience anyway • This is not about doing more. It's about doing what God has already shown you, with precision and trust --- Ready to Move Forward with Precision? If this episode stirred something in you and you're ready to stop guessing and start moving forward with real focus — the More Energy & Peace Session was built for you. This is for the woman who hears truth and acts on it. The one who is done being overwhelmed and ready to bring sharp, intentional focus to her health and her life. Book your More Energy & Peace Session at herholistichealing.com/peace.   This content is for informational purposes only and is not intended as medical advice. 

Diligence isn't something you can shortcut—it's faithful, consistent effort in the things God has given you to do. In this episode, Sarah and I talk about what diligence truly is, where Scripture calls us to practice it, and why it feels so difficult in a world of constant convenience and distraction. We unpack how modern life often replaces meaningful work with decision fatigue and delay, and why putting things off only makes life harder. The truth is, we all “choose our hard”—and diligence leads to a more fulfilling, faithful life. Ultimately, there is no hack. Diligence is built through a right relationship with the Lord and lived out in daily faithfulness.   Scriptures Referenced: Deuteronomy 4:29; 6:5–7 Psalm 90:12 Proverbs 4:23; 13:19; 23:1–2; 27:23; 31:27 Ecclesiastes 9:10 Jeremiah 29:13 Hebrews 11:6 1 Corinthians 4:2 Colossians 3:23–24   Resources Referenced: Watch the interview on YouTube https://youtu.be/5lsemk_Q84k  Follow Sarah on Substack https://faithfulandflourishing1.substack.com/    Follow my  journey by subscribing to this podcast. You can also follow me on Instagram, YouTube, and www.nohighercalling.org Subscribe to the NHC email at www.nohighercalling.org 

Proverbs 6:6-11 April 29, 2026 PM.Pastor Lorch preaches about laziness. He follows the passage in Proverbs 6 by giving a lesson from an ant and a farmer, followed by the consequences of laziness, and finally an explanation of the attitude of a lazy person.

Generative AI is reshaping the way investors evaluate opportunities and replacing much of the manual work involved in completing an outside-in diligence. Firms that adapt the fastest during this transition have the most to gain. To discuss how the deployment of gen AI in diligence can give organizations an investment edge and explore the shift from traditional diligence to AI-enabled, outside-in analysis we’re joined by David Pralong, a senior partner and the global leader of our Transformation Practice, William Bundy, a partner in our Washington D.C office, Chase Covington, a partner based in our New York office, and Laura Borton, a consultant also based in our New York office. Related Insights From potential to performance: Using gen AI to conduct outside-in diligence Creating Value in Portfolio Company Operations: A Practical Guide to Growing Cash Flow in Business Wave: Your path to unprecedented performance McKinsey insights on transformation McKinsey insights on Strategy and Corporate Finance McKinsey Transformation on LinkedIn McKinsey Strategy and Corporate Finance on LinkedInSupport the show: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information

Due diligence has become tougher, deeper, and more demanding than ever before—especially in today's fast‑paced tech M&A and private equity environment. Buyers now apply higher standards, deploy specialized diligence teams, and scrutinize every aspect of your business.   In this special report, we walk through 12 critical steps every CEO must take to survive due diligence—and protect deal value. From preparing your data room and managing disclosures to controlling working capital and hiring the right advisors, this video outlines the real‑world land mines that derail deals and how experienced sellers avoid them.   Whether you're actively pursuing an exit or planning ahead, these best practices will help you meet buyer expectations, maintain leverage, and get through diligence with confidence.   Key Takeaways -Due diligence today is not just document review—it's a full‑company stress test -Private equity firms now set the gold standard for diligence expectations -Preparation before LOI dramatically improves outcomes and leverage -Poor timing of disclosures can erode trust and kill deals -Working capital surprises are one of the most common last‑minute deal breakers -Strong advisors and intermediaries can be the difference between closing—or collapsing—a deal   Chapters 00:00 Why Due Diligence Is Harder Than Ever 01:30 Step 1: Understand the Buyer's Due Diligence Checklist 01:58 Step 2: Prepare Your Data Room in Advance 02:43 Step 3: Fix Accounting Issues Before Due Diligence 03:03 Step 4: Control the Timing of Disclosures 03:37 Step 5: Run Parallel Due Diligence and Contract Processes 04:08 Step 6: Get a Draft Agreement Early 04:43 Step 7: Appoint a Due Diligence Coordinator 05:03 Step 8: Inform Only Key Employees 05:28 Step 9: Watch Working Capital Closely 06:02 Step 10: Use Your Accountants Effectively 06:22 Step 11: Hire Experienced Tech M&A Legal Advisors 06:52 Step 12: Choose the Right M&A Intermediary 07:16 Why Experience Matters Most in the Final Mile of Diligence

Mitch Lamb, PharmD, joins Over the Counter to discuss pharmacy accreditation hurdles and why staying consistently proactive can mean the world for a pharmacy's bottom line.

Navigating the legal job market can feel like a full-time job, but you don't have to do it alone. In this episode of the ABA Law Student Podcast, hosts Todd Berger, Eve Albert, and Nayeli Diaz learn more about the world of legal recruiting by revisiting the ABA Young Lawyer Rising's Montana Funk's conversation with Gianne Falvo Mangiro, Producing Director at LHH.Gianne, a former practicing attorney, pulls back the curtain on how recruiters act as personal career advocates at no cost to the candidate. We explore exactly when a law student or young associate should seek out a recruiter, how to uncover unposted job opportunities, and the best ways to handle tricky counteroffers.The conversation also dives into essential tips for 3Ls navigating the "noise" of job portals, how to evaluate a law firm's culture through their billable hour requirements, and the growing field of "JD-Plus" careers. Whether you are prepping for your first year-end review or looking to pivot your practice area, this episode provides a foundational guide to building a successful career arc.Special thanks to the ABA Young Lawyers Division and the ABA Young Lawyer Rising Podcast.(00:00) - – Intro: The Challenges of the Legal Job Market (00:53) - – Networking and LinkedIn Connections (02:15) - – Why Law Students Need Foundational Knowledge of Recruiting (03:13) - – Introducing Gianne Falvo Mangiro and Young Lawyer Rising (04:21) - – From Practice to Recruiting: An Entrepreneurial Career Pivot (06:37) - – How Recruiter Agreements and Law Firm Fees Work (07:59) - – The Benefits: Resumes, Interview Prep, and Advocacy (09:04) - – When to Use a Recruiter: Junior Associates vs. New Graduates (09:58) - – Full-Service Support: Scheduling and Confidence-Building (12:40) - – The Initial Call: Understanding Experience and Personality (13:47) - – Personality Matches and Casting a Wide Net (14:54) - – Pivoting Practice Areas and Independent Searches (15:37) - – Researching Recruiter Credibility and Diligence (16:33) - – Navigating Negotiating Representation (17:44) - – Salary Ranges and State Disclosure Laws (18:29) - – Interview Etiquette: When to Discuss Numbers (19:43) - – Understanding Lockstep Salary Models (20:35) - – Appropriate Counter-Offering and Risks (22:29) - – Evaluating the Full Compensation Package: Benefits and PTO (23:30) - – Negotiating Non-Salary Terms: WFH Flexibility (24:33) - – Strategies for Negotiating Raises at Your Current Firm (26:55) - – Red Flags: Identifying Misconduct in Recruiting (27:49) - – Recruiter Support for Pivoting Outside of Practice (28:47) - – Recruiting Considerations for Judicial Clerks (29:30) - – Overview of Professional Recruiting Services (31:40) - – Host Debrief: Key Takeaways from the Interview (32:57) - – Navigating the Noise of Job Portals as a 3L (35:31) - – Tips for Handling Direct Outreach from Recruiters (38:19) - – Gauging Law Firm Culture Through Billable Requirements (42:24) - – Why Attorneys Make Credible Recruiters (45:12) - – Alternative JD-Plus Career Paths and Dual Degrees (46:03) - – Closing and ABA Law Student Division Resources Click here to view the episode transcript.

Ecclesiastes 3:16–22 shifts from confidence in God's ordered seasons to an honest wrestling with injustice and mortality. Solomon observes a world where wrongdoing often prospers and righteousness goes unrewarded, exposing the fragile gap between expectation and reality. Human behavior can slip into something beastlike when power overrides compassion, and the deepest wounds often come from those closest. This tension crescendos in the question of death itself—whether life ends in silence or if something of the human soul endures beyond the grave. From there, the sermon explores competing views of what comes next, showing how beliefs about eternity shape how people live now. While some perspectives lead to despair or detached living, biblical hope anchors itself in God's justice and the promise of resurrection. Solomon models a response of preaching truth to his own heart: though doubt is real, God will ultimately make things right. Through Christ, the promise of resurrection and final judgment transforms fear into courage, freeing people from bitterness and grounding them in hope, culminating in remembrance of that redemption through communion.

As practitioners conserve, elevate, and purify their energies through ethics and patient discipline, they need to enact and direct such forces for the edification of theirs and others' spirituality. Such empowered efforts amplify benefit for oneself, community, and world through the laws of karma: cause and effect. By understanding such dynamics in oneself, it becomes possible to cultivate the real virtues of a bodhisattva, since generosity, ethics, and patience set the stage for ennobling everyone's quality of mind. See how through an exploration of the prior paramitas; the nature of joyful action, its opposites of sleep and inattention; the inevitability of death and how it can inspire urgency to practice; essential practices of cultivating a spiritual work ethic (exchanging self and other within Tibetan Buddhism); the different types of defeatism and how to overcome them; the true spiritual qualities of self-confidence as opposed to arrogance; the distinct characteristics of self-observation, awareness, attention, and self-remembrance; the problems of a lazy consciousness versus a hyperactive body; the powers of mindfulness and meditation; and much more. Resources and References: https://chicagognosis.org/lectures/diligence-conscious-action-on-the-bodhisattva-path

Send us Fan MailGrand plans, untested by careful and God-seeking submission, can march confidently in the wrong direction. Proverbs 16:3: Commit your activities to the Lord, and your plans will be established.Support the show

Would you like access to our advanced agency training for FREE? https://www.agencymastery360.com/training Why are more agencies selling right now? If this trend has made you think about selling, is it because the market is hot… or because you've outgrown your role? If you're seriously thinking about selling your business, you should know that it'll ultimately come down to whether it can survive without you, and whether you want it to. Today's featured guest breaks down what's really driving the surge in agency acquisitions right now. He goes beyond surface-level multiples and unpacks what buyers actually look for, why most founders sabotage deals during diligence, and how AI is quietly separating premium agencies from the rest. This conversation will challenge how you think about growth, ownership, and your role in the business. Azim Nagree leads M&A Origination at Herringbone Digital, a private equity-backed platform acquiring and scaling digital marketing agencies. Originally trained as an M&A lawyer in Australia, Azim quickly realized he didn't enjoy the legal side of deals, but loved the strategy and deal-making behind them. Over the past 5–6 years, he's focused exclusively on agency acquisitions, working with founders navigating exits, partnerships, and scale. He brings an operator-meets-investor perspective, understanding both what founders want and what buyers actually value. In this episode, we'll discuss: Why are PE firms interested in agencies? 3 filters most agencies won't pass. The silent deal killer Subscribe Apple | Spotify | iHeart Radio Sponsors and Resources This episode is brought to you by Wix Studio: If you're leveling up your team and your client experience, your site builder should keep up too. That's why successful agencies use Wix Studio — built to adapt the way your agency does: AI-powered site mapping, responsive design, flexible workflows, and scalable CMS tools so you spend less on plugins and more on growth. Ready to design faster and smarter? Go to wix.com/studio to get started. Herringbone Digital: If you're thinking about exiting now, planning a few years ahead, or just want to understand your options, you should know about Herringbone Digital. They're not a typical financial buyer. They're operators who actually understand what it takes to build and scale an agency because they've done it themselves. Their approach is simple: invest in great founders, protect what's already working, and help agencies scale faster. Go to https://www.herringbonedigital.com/swenk and start the conversation. The Real Reason Agencies Are Getting Acquired Right Now There's a massive misconception in the market that agency acquisitions are happening because agencies suddenly became more attractive. That's not the full picture. What's actually happening is a capital problem, not an agency problem. Private equity is sitting on over $1 trillion dollars of unallocated capital. That money has to be deployed. And agencies, when structured correctly, check a lot of boxes: recurring revenue, strong margins, and fragmented markets ripe for consolidation. That's why you're seeing more deals. Not because every agency is valuable, but because capital is aggressively looking for places to go. However, you can't assume that just because deals are happening, your agency is ready to be bought. It's likely not. Buyers aren't just looking for revenue. They're looking for structure, predictability, and independence from the founder. If your business still relies on you for sales, delivery decisions, or client retention, it's not an asset. It's a job with revenue attached. And buyers know the difference immediately. 3 Filters Every Serious Buyer Uses Most founders think deals come down to valuation. In reality, every serious buyer is evaluating three things before they even care about price: 1. Strategic Fit Why does this deal exist? If there's no clear reason, new market, new capability, better economics, it's dead on arrival. Buying (or selling) just because it "feels like the right time" is how bad deals happen. 2. Cultural Fit This is the one founders underestimate the most. You're not just selling a business. You're entering a relationship that could last years. If there's friction early, it doesn't get better later. And forcing alignment for the sake of a deal almost always ends badly. 3. Financial Reality This is where the truth shows up. You can't "position" your way past bad numbers. Buyers will find churn issues, margin leaks, and unstable revenue during diligence. Trying to hide it just wastes months, and kills trust. The strongest sellers aren't perfect. They're transparent. The Silent Deal Killer: Founder Behavior During Diligence Here's something most people won't tell you: Deals don't usually fall apart because of numbers. They fall apart because of founder behavior during the process. Diligence takes 3–6 months. And during that time, many founders mentally check out. They assume the deal is done and take their foot off the gas. They start thinking in terms of "their problem soon, not mine." That's where things break, clients churn, and revenue dips. Key employees sense uncertainty and start looking elsewhere. And suddenly, the business the buyer evaluated is not the business that exists anymore. From the buyer's perspective, that's a red flag. The rule is simple: Run the business like you're never selling it, even when you are. Ironically, that's what makes it sellable in the first place. The Real Question: Should You Sell? Selling isn't just a financial decision. It's also a personal one. The best founders who sell have clarity on two things: What they want to do next Whether they've truly outgrown their current role  Regarding the first one, there's no wrong answer. Some buyers are looking to transition the founder out of the business in just 3-6 months. Some are looking for founders who want to stick around for a few years. The important thing is to be honest about your plans. Without that clarity, selling often creates more problems than it solves. Because removing yourself from the business doesn't automatically create purpose. AI Isn't Increasing Valuations. Bad Thinking Is Lowering Them A lot of PE firms are buying agencies based on their use of AI. Now, what these firms are looking for is AI as strategy, and using ChatGPT for content is not a strategy. That's a tool. Buyers don't care if you use AI tools. They care if AI shows up in your business fundamentals. This means that effective use of AI would show up in: Higher margins  Lower cost of delivery  Increased retention  Better client outcomes  Faster execution  If AI isn't impacting those metrics, it's irrelevant. The agencies commanding higher multiples right now aren't "AI agencies." They're system-driven agencies using AI to enhance leverage. They've embedded AI into workflows, decision-making, and delivery, not just content creation. A powerful example shared in the episode: One agency built a custom AI model for every client using all available data, sales conversations, onboarding insights, business goals. That model informs everything: Campaign strategy Reporting Communication style Execution  The result is that every client feels like the only client, without increasing workload. That's leverage. And that's what buyers pay for. Ultimately, most founders understand they need to wrap their heads around the use of AI as a strategic advantage. Whether they're really doing it or not is another issue. So ask yourself if, other than requiring your team to use AI, you're actually investing in it, whether through training, creating roles centered on AI experimentation, or providing resources to support that learning curve. If not, you won't actually affect the metrics that matter. The Bottom Line on Agency Acquisitions The agencies that sell well aren't lucky. They're structured. They've built: Predictable revenue  Strong margins  Low founder dependency  Systems that scale  Selling is just a byproduct of that. Want to Know If Your Agency Is Actually Sellable? If you're thinking about selling, or just want to build a more valuable, less dependent agency, you need to understand where your bottlenecks actually are at a structural level. If you want to map that out with real numbers, real operators, and a proven sequence, the next step is simple: Join a room where this is the standard, not the exception. Check out Herringbone Digital to start a conversation. Do You Want to Transform Your Agency from a Liability to an Asset? Looking to dig deeper into your agency's potential? Check out our Agency Blueprint. Designed for agency owners like you, our Agency Blueprint helps you uncover growth opportunities, tackle obstacles, and craft a customized blueprint for your agency's success.

There is much more to come! Jesus is our First Fruits and you will follow in His footsteps in your own resurrection, and in the mean time between now and your resurrection, you are required to be diligent. What is it, who has it, how can I get it? All this and more coming your way in this message, that will encourage, empower and enlighten you to rejoice in Jesus. Get your bibles to the book of Proverbs, something to take notes on, and make sure to share this message.

Episode Summary: In this episode, Benoy Thanjan speaks with Julia Wu and Anuj Saigal from Spark AI and Patrick Chandler from Standard Solar about how artificial intelligence is transforming solar project development, diligence, and acquisition. They explore how AI powered tools are enabling developers and asset owners to move significantly faster, reduce manual work, and improve decision making. The conversation also highlights a real world case study of how Standard Solar is using Spark AI to streamline project acquisition and diligence processes. The discussion expands into the broader impact of AI on energy demand, data centers, and the future of solar and storage development.   Biographies Benoy Thanjan Benoy Thanjan is the Founder and CEO of Reneu Energy, solar developer and consulting firm, and a strategic advisor to multiple cleantech startups. Over his career, Benoy has developed over 100 MWs of solar projects across the U.S., helped launch the first residential solar tax equity funds at Tesla, and brokered $45 million in Renewable Energy Credits (“REC”) transactions. Prior to founding Reneu Energy, Benoy was the Environmental Commodities Trader in Tesla's Project Finance Group, where he managed one of the largest environmental commodities portfolios. He originated REC trades and co-developed a monetization and hedging strategy with senior leadership to enter the East Coast market. As Vice President at Vanguard Energy Partners, Benoy crafted project finance solutions for commercial-scale solar portfolios. His role at Ridgewood Renewable Power, a private equity fund with 125 MWs of U.S. renewable assets, involved evaluating investment opportunities and maximizing returns. He also played a key role in the sale of the firm's renewable portfolio. Earlier in his career, Benoy worked in Energy Structured Finance at Deloitte & Touche and Financial Advisory Services at Ernst & Young, following an internship on the trading floor at D.E. Shaw & Co., a multi billion dollar hedge fund. Benoy holds an MBA in Finance from Rutgers University and a BS in Finance and Economics from NYU Stern, where he was an Alumni Scholar.   About the Guests   Julia Wu is the CEO of Spark AI, an AI powered platform helping developers and asset owners accelerate project development and diligence. She previously worked at Microsoft and Apple, building large scale data systems.   Anuj Saigal is an advisor to Spark AI with a background in startups, energy, and AI. He previously worked at the Department of Energy, SunEdison, and EVgo, and founded a Y Combinator backed AI company.   Patrick Chandler is a senior project manager at Standard Solar, a Brookfield company that owns and operates distributed generation solar assets across the United States. He leads project acquisition, diligence, and execution efforts.   Stay Connected: Benoy Thanjan Email: info@reneuenergy.com  LinkedIn: Benoy Thanjan Website: https://www.reneuenergy.com Website: https://www.solarmaverickpodcast.com/   Julie Wu Website:  https://www.spark.ai/     Linkedin:  https://www.linkedin.com/in/wu-julia/   Anuj Saigal Website:  https://www.spark.ai/     Linkedin:  https://www.linkedin.com/in/anujsaigal/   Patrick Chandler Website:  https://standardsolar.com/ Linkedin:  https://www.linkedin.com/in/patrick-chandler-ii-1b6b47206/   Solar Maverick Podcast Updates In this episode, Benoy Thanjan shares key updates with the Solar Maverick community, including upcoming events, speaking engagements, and ways to stay connected. Benoy is hosting the Summer Solstice Fundraiser on June 4th in Jersey City at Hudson Hall, bringing together the clean energy community for an evening of networking and impact. The event supports Let's Share the Sun, a nonprofit delivering solar and energy storage solutions to underserved communities in Puerto Rico, including families with critical 24 hour energy needs. The event will run from 6 PM to 10 PM and includes food, networking, and a special program at 8 PM featuring insights from the Let's Share the Sun team, delegation participants, and event sponsors.  This will be Benoy's third delegation in the past year, and he highlights the importance of meeting beneficiaries firsthand and seeing how solar is transforming lives. Those interested in attending or sponsoring are encouraged to reach out directly or register here:  https://luma.com/jl734ggi   On April 28, Benoy will be at the MSSIA Insight Conference in New Jersey, where he will be participating in discussions alongside some of the greatest minds in AI. He will also be recording a live Solar Maverick Podcast interview at the event. More details can be found here:  https://whova.com/web/9I7SOtGH70LucVmeo0%40vp6bW2LE6IfIeHa%40QWl72RaE%3D/   On May 14, Benoy will be speaking at the ACORE Finance Forum 2026 in New York City on a panel focused on scaling behind the meter solar and storage for commercial and industrial and digital infrastructure. The discussion will explore the growing demand for energy driven by AI and data centers. https://acore.org/events/finance-forum/   Listeners can also visit www.solarmaverickpodcast.com to explore recent episodes and insights from leaders across the solar, storage, and energy industries.   Please provide 5 star reviews      If you enjoyed this episode, please rate, review and share the Solar Maverick Podcast so more people can learn how to accelerate the clean energy transition.    Reneu Energy Reneu Energy provides expert consulting across solar and storage project development, financing, energy strategy, and environmental commodities. Our team helps clients originate, structure, and execute opportunities in community solar, C&I, utility-scale, and renewable energy credit markets. Email us at info@reneuenergy.com to learn more.

We would love to hear from you! Please send us your comments here. --------Thank you for listening! Your support of Joni and Friends helps make this show possible. Joni and Friends envisions a world where every person with a disability finds hope, dignity, and their place in the body of Christ. Become part of the global movement today at www.joniandfriends.org. Find more encouragement on Instagram, TikTok, Facebook, and YouTube.

Points of Interest 00:01 – 00:38 – Introduction: Marcel opens the episode by introducing Peter Lang as an entrepreneur, investor, and operator deeply focused on mergers and acquisitions. 01:00 – 02:13 – From Holding Company to Teaching M&A: Peter explains that he now runs a holding company, invests in assets including agencies, and is focused on teaching other founders how to acquire and grow businesses. 02:41 – 06:09 – How an Agency Owner Became Obsessed with Acquisitions: Peter shares how an early interest in corporate finance, investing, and business ownership evolved alongside accidentally building a digital agency. 06:34 – 09:23 – The First Deal and the Power of a Motivated Seller: Peter recounts the unusual acquisition that pulled him into M&A, showing how urgency, creative deal structure, and downside protection shaped his first major transaction. 09:44 – 12:25 – Why Buying Can Be Faster Than Building: Peter reflects on completing 21 transactions and argues that acquiring existing cash flow is often easier than spending years building the same result organically. 12:34 – 15:13 – Why More Founders Still Do Not Pursue Acquisitions: Marcel and Peter discuss the real barriers to M&A, including fear, lack of information, false beliefs, and the failure to consistently make time for acquisition work. 15:20 – 18:28 – Risk Versus Risky Behavior in M&A: Peter explains the difference between unavoidable business risk and reckless decision-making, emphasizing that preparation, education, and structure are what reduce exposure. 19:07 – 23:19 – Diligence, Integration, and What Buyers Are Really Acquiring: The conversation shifts to best practices in deals, with Peter stressing that due diligence and post-close integration matter more than the excitement of signing the deal itself. 23:19 – 28:12 – How to Evaluate Culture Before an Acquisition: Peter outlines why cultural fit must be measured, not guessed, using tools like NPS, eNPS, personality frameworks, and manager-role alignment to avoid poor integrations. 28:12 – 32:00 – The Great Wealth Transfer Creates a Major Opportunity: Marcel and Peter discuss how retiring owners and succession gaps are creating a historic supply of businesses that need buyers over the next two decades. 32:00 – 36:21 – How AI Is Changing Seller Behavior and Buyer Strategy: Peter explains that AI is accelerating uncertainty for agency owners, which may push more founders to sell while also reshaping what makes a business attractive to buyers. 36:38 – 45:45 – Why AI-Forward Agencies and Programmatic Buyers Will Win: Marcel and Peter close by exploring why service businesses remain resilient, why agencies still have a future, and why buyers who combine acquisitions with AI adaptation will likely outperform. Show Notes Connect with Peter via LinkedIn Website: Scale your agency with Mergers & Acquisitions Love the Podcast Leave us a review here Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this final episode of our series on preparing your RCM business for an exit or higher valuation, host Chanie Gluck shares invaluable insights on exit readiness. Drawing from her extensive experience in the medical billing industry, she emphasizes the importance of being prepared on your timeline rather than reacting to external pressures. Discover how to assemble the right advisory team, what buyers expect before a deal, and the essential steps to take in the next 90 days to enhance your business's value. Tune in for actionable advice that will empower you to navigate your exit strategy with confidence!   Chapters: (00:00) Introduction (00:30) The Importance of Exit Readiness (01:15) Assembling Your Advisory Team (02:00) Pre-LOI Preparation (03:15) Understanding Buyer Motivations (04:00) Preparing for Diligence (05:30) Exit Readiness Scorecard (06:00) Conclusion   Start With Clarity: Download the Exit Readiness Scorecard https://info.4dglobalinc.com/is-your-rcm-business-built-to-exit   Sponsors: https://4dglobalinc.com

An 86-year-old Falun Dafa practitioner in Singapore shares her 30-year cultivation journey. She highlights the importance of tolerance, perseverance, and letting go of attachments to gains and losses. She also emphasizes the significance of validating the Fa, even in challenging circumstances, and the benefits of group cultivation and helping fellow practitioners. This and other experience-sharing from the Minghui website.Original Articles:1. [Fahui] An Elderly Practitioner's 30 Years of Perseverance and Diligence in Cultivation2. Driving Thousands of Miles to Save Others and Cultivate Myself To provide feedback on this podcast, please email us at feedback@minghuiradio.org

“A hard worker has plenty of food, but a person who chases fantasies has no sense.”- ‭‭Proverbs‬ ‭12‬:‭11‬ ‭NLT‬‬

Let's get practical. For most of us, the largest portion of our waking hours is spent working in one way or another to support ourselves and our household. Whether we are in a trade or at a desk, whether we are engaged in a service or retail or farming, building, manufacturing or raising children or going to school or freelancing, most of us are tied to the responsibility of investing time into our physical care. Now, if we are truly dedicated Christians, we know our primary responsibility is to God through Christ. How do we make these seemingly contradictory investments of our time work in perfect harmony? How do we fully live our Christianity while involved in spiritually mundane activities? What does my Christianity look and sound like when I am simply taking care of business? One way to best frame the answer to these questions is to lay out what it looks like for a Christian to be an ideal employer or employee. By using the word “IDEAL” as an acronym, we can appreciate the guidelines we should strive for. I.D.E.A.L. Integrity, Diligence, Excellence, Attitude, Leadership—These attributes are a framework for living out faith at work. Integrity is described as wholeness and consistency. Integrity is not an idea; it is a decision. Diligence builds on integrity by turning conviction into sustained action. It is “urgent devotion,” not passive effort. Christian workplace diligence comes from seeking God's will first! Excellence is not just an ideal; it is an attainable reality and can be achieved even when the conditions of our work environment are lacking. Jesus is our example of excellence, and he should be ever present in our minds while we work. Attitude is not just an emotional state; it is a driving force. The prophet Daniel is a powerful example of a godly attitude while he positively served the kingdom he was a captive of for his entire life. Leadership is not just for those in front; it can be a privilege for all! When we work with Integrity, Diligence, Excellence and Attitude, we ARE leading by example! Faith at work is revealed not primarily through words but through character—how we show up, how we treat others, how we handle pressure, and how we honor God in the mundane.  Key Takeaways: Integrity is being the same person in every setting. Diligence is action, not emotion Excellence comes from always truly applying our best efforts Attitude is a powerful force that can change an environment Leadership is a result of all these things in action Faith at work begins internally, with Scripture, discipline and purpose.

summaryJoin Anu and Heidi Sturrock, a seasoned paid search expert with 24 years of experience, as she shares invaluable lessons from her career, including a major mistake with broad match campaigns, the evolution of search engines, and the role of AI in PPC. This episode offers practical insights for marketers looking to master performance marketing and navigate industry changes. Key topicsThe evolution of search engines from Yahoo to GoogleA major mistake with broad match campaigns and its silver liningThe role of quality and trust in search engine successHow to handle and learn from campaign mistakesThe impact of AI and automation in PPC strategiesChapters00:00 Introduction and Guest Credibility03:35 Heidi's Fun Fact: From 1999 to Google Dominance08:11 The Mistake: Broad Match Campaign Gone Wrong10:11 The Silver Lining: Turning Mistakes into Opportunities12:27 Diligence in Campaign Setup and Negative Keywords17:06 Controlling Spend and Managing Disgruntled Customers19:08 Lessons from Campaign Launch on a Friday24:27 Ownership and Transparency in Mistakes27:46 Adapting to Industry Changes and Embracing AI30:12 Common Mistakes in Account Audits36:11 The Biggest Mistake in AI Adoption38:21 Mastering AI Max for Search and Campaign Setup41:28 Closing Remarks and Future Events49:02 Outro.mp3Resources:Heidi Sturrock on LinkedIn - HeidiSturrock.com - SMX Advanced 2026 PPC Live The Podcast features weekly conversations with paid search experts sharing their experiences, challenges, and triumphs in the ever-changing digital marketing landscape.Go to PPC Live for ⁠early bird ticket sale⁠Join us on ⁠⁠Slack⁠⁠Subscribe to our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Newsletter⁠⁠⁠⁠

Get my new book: https://bronsonequity.com/fireyourselfDownload my new special report - How to Use Inflation to Your Advantage - www.bronsonequity.com/inflationIn this webinar replay of the Mailbox Money Show, Bronson Hill hosts an expert panel exploring the explosive growth of private credit as banks pull back. The discussion covers merchant cash advance, real estate debt, litigation finance, medical receivables, and how investors can access 10–16%+ yields with strong collateral and velocity of money. Learn underwriting strategies, risk mitigation, operator alignment, and why private credit offers diversification and liquidity in today's market.Panelists:Patrick Grimes — Founder of Passive Investing Mastery and Invest on Main Street, specializing in recession-resilient private credit across real estate debt, litigation finance, and medical receivables.Dave Wolcott — Founder of Pantheon Investments, focused on merchant cash advance and business growth financing with daily/weekly repayments and strong diversification.Steven Pesavento — Managing Partner at VonFinch Capital, expert in multifamily syndication and private credit notes backed by real estate collateral.Sam Silverman — Principal at Silverman Capital, delivering private credit solutions for small businesses with emphasis on speed, alignment, and low defaults.TIMESTAMPS0:37 - Welcome to the Rise of Private Credit Webinar3:02 - Panelist Introductions4:56 - What is Private Credit and Why It Exists7:05 - Speed and Flexibility in Private Credit vs Banks8:18 - Risk Assessment and Underwriting in Private Credit9:37 - Poll: Familiarity with Private Credit10:16 - Dave's Fund: Underwriting, Default Rates, and Returns12:59 - Sam's Structure: Zero Fees, Preferred Returns, and Liquidity13:08 - Audits and Third-Party Reviews for Funds14:05 - Alignment of Incentives and Sponsor Vetting15:05 - Using ChatGPT for Deal Analysis16:28 - Diligence, Recourse, and Risk Mitigation22:43 - Poll: Desired Returns in Private Credit23:00 - High Returns vs Risk in Merchant Cash Advance24:06 - Default Management and Repeat Customers25:37 - Leverage and Revenue-Based Repayment27:03 - AI's Role in Private Credit and Business28:34 - AI Impact on Jobs and Real Estate Resilience32:23 - AI Workforce Changes and GDP Growth34:45 - Poll Results on Returns35:25 - Announcement of Next Event and Giveaway38:00 - Bronson's Book Giveaway and Strategy Calls39:02 - Billboards as Private Credit Opportunity41:21 - Billboards Sourcing and Zoning44:34 - Opportunity Zones and New Rules46:59 - Upcoming Panels and Resources52:03 - Connect with the PanelistsJoint the Wealth Forum: bronsonequity.com/wealthConnect with the Guests:Patrick Grimes:Website: https://passiveinvestingmastery.com/Email: patrick@passiveinvestingmastery.comDave Wolcott:Email: dave@pantheoninvest.comWebsite: https://pantheoninvest.com/Linkedin: https://www.linkedin.com/in/dave-wolcott-863306/Instagram: https://www.instagram.com/pantheoninvest/Linktree: https://linktr.ee/pantheoninvestSam Silverman:LinkedIn: https://www.linkedin.com/in/samalterantiveinvestments/Steven Pesavento:Website: https://www.vonfinch.com/Email: steven@vonfinch.com#PrivateCredit#PassiveIncome#AlternativeInvesting#CashFlow#RealEstateDebt#MerchantCashAdvance#WealthBuilding

In this episode of the Planet MicroCap Podcast, I'm joined by Artem Fokin, Founder and Portfolio Manager of Caro-Kann Capital, to reflect on more than a decade of running a concentrated small- and micro-cap strategy focused on finding multibagger opportunities. Artem shares how his bottoms-up approach centers on deeply understanding a handful of businesses, engaging thoughtfully with management teams while maintaining the discipline to stay objective—what he calls being “friendly, but not friends.” We also discuss why due diligence should extend beyond the CEO to the entire leadership bench, why microcaps remain one of the best training grounds for investors despite structural market changes, and how avoiding intellectual rigidity—while embracing tools like AI for research—can help investors continuously adapt and improve their decision-making. We mention several companies and sectors during this conversation, and I'm not a shareholder in any of them. For more information about Caro-Kann Capital, please visit: https://caro-kann-capital.com/ Chapters: 00:00 Introduction and Background 03:06 Investment Philosophy and Strategy 06:19 Engaging with Management Teams 09:06 Reflections on 2025 12:09 Building Relationships with Management 14:04 Best Practices for Engaging Management 16:58 Evaluating Management Teams 17:59 Diligence and Fair Game Questions 24:26 Leveraging LinkedIn for Management Insights 25:43 Understanding Investment Edge 31:11 The Importance of Execution in Investing 32:31 The Value of Microcaps in Investment Training 40:07 Fears of Intellectual Rigidity in Investing 46:53 Lessons Learned Over 11 Years 48:45 Looking Ahead: The Future of Investing Planet Microcap hosts the highest quality in-person microcap events in North America. The mission is to bring the best microcap investors, companies, and allocators together to gather, connect, and grow.; visit https://planetmicrocap.com/ to learn more about our Las Vegas and Toronto events. The purpose of this conversation is for informational and educational purposes only and should not be construed as a recommendation to purchase or sell any security. Planet MicroCap Holdings LLC and MicroCapClub LLC are not registered investment advisors. Planet MicroCap Holdings LLC, MicroCapClub LLC, its partners, contractors, members, subscribers, guests, and affiliates may or may not hold positions in one or more of the securities mentioned on this program and may trade in such securities at any time. Do your own due diligence and seek counsel from a registered investment advisor before trading in any security.

In Part 1 of this 3-part series on Level Up Your Money, Paul Jamison dives into Chapters 1–3 of his new book, sharing biblical wisdom and practical steps for knowing the true condition of your finances through budgeting and tracking, cultivating a strong work ethic that invites divine favor and opportunities, and building a reputation of trust that shapes long-term financial success.

Want to Start or Grow a Successful Business? Schedule a FREE 13-Point Assessment with Clay Clark Today At: www.ThrivetimeShow.com   Join Clay Clark's Thrivetime Show Business Workshop!!! Learn Branding, Marketing, SEO, Sales, Workflow Design, Accounting & More. **Request Tickets & See Testimonials At: www.ThrivetimeShow.com  **Request Tickets Via Text At (918) 851-0102   See the Thousands of Success Stories and Millionaires That Clay Clark Has Helped to Produce HERE: https://www.thrivetimeshow.com/testimonials/ Download A Millionaire's Guide to Become Sustainably Rich: A Step-by-Step Guide to Become a Successful Money-Generating and Time-Freedom Creating Business HERE: www.ThrivetimeShow.com/Millionaire   See Thousands of Case Studies Today HERE: www.thrivetimeshow.com/does-it-work/  

Welcome to the ThrivetimeShow.com Cleaning Business Podcast Series. During this 100 episode business coach podcast series Clay Clark teaches how you can achieve success in automotive repair, carpet cleaning, dog training, grooming, home building, home cleaning, home remodeling, manufacturing, medical, online sales, podcasting, photography, signage, skin care, and other industries. #CleaningBusinessPodcast   Where You Find Thousands of Clay Clark Client Success Stories?  https://www.thrivetimeshow.com/testimonials/    Breaking Down the 1,462% Growth of Stephanie Pipkin with Clay Clark: An EOFire Classic from 2022 - https://www.eofire.com/podcast/clayclark8/    Who is Clay Clark?  Clay Clark is the co-founder of five kids, the host of the 6X iTunes chart-topping ThrivetimeShow.com Podcast, the 2007 Oklahoma SBA Entrepreneur of the Year, the 2002 Tulsa Metro Chamber of Commerce Young Entrepreneur of the Year, an Amazon best-selling author, a singer / song-writer and the founder of several multi-million dollar businesses.  https://www.forbes.com/councils/forbescoachescouncil/people/clayclark/    Where Can You Learn More About Clay Clark? https://www.thrivetimeshow.com/need-business-coach/#coaching-about-founders    Where Can You Read Clay Clark's 40+ Books? https://www.amazon.com/stores/Clay-Clark/author/B004M6F5T4?ref=sr_ntt_srch_lnk_1&qid=1767189818&sr=8-1&shoppingPortalEnabled=true    Where Can You Discover Clay Clark's Songs & Original Music?  https://open.spotify.com/album/2ZdE8VDS6PYQgdilQ1vWTP?si=Am65WUlIQba4OLbinBYo1g

Welcome to the ThrivetimeShow.com Cleaning Business Podcast Series. During this 100 episode business coach podcast series Clay Clark teaches how you can achieve success in automotive repair, carpet cleaning, dog training, grooming, home building, home cleaning, home remodeling, manufacturing, medical, online sales, podcasting, photography, signage, skin care, and other industries. #CleaningBusinessPodcast   Where You Find Thousands of Clay Clark Client Success Stories?  https://www.thrivetimeshow.com/testimonials/    Breaking Down the 1,462% Growth of Stephanie Pipkin with Clay Clark: An EOFire Classic from 2022 - https://www.eofire.com/podcast/clayclark8/    Who is Clay Clark?  Clay Clark is the co-founder of five kids, the host of the 6X iTunes chart-topping ThrivetimeShow.com Podcast, the 2007 Oklahoma SBA Entrepreneur of the Year, the 2002 Tulsa Metro Chamber of Commerce Young Entrepreneur of the Year, an Amazon best-selling author, a singer / song-writer and the founder of several multi-million dollar businesses.  https://www.forbes.com/councils/forbescoachescouncil/people/clayclark/    Where Can You Learn More About Clay Clark? https://www.thrivetimeshow.com/need-business-coach/#coaching-about-founders    Where Can You Read Clay Clark's 40+ Books? https://www.amazon.com/stores/Clay-Clark/author/B004M6F5T4?ref=sr_ntt_srch_lnk_1&qid=1767189818&sr=8-1&shoppingPortalEnabled=true    Where Can You Discover Clay Clark's Songs & Original Music?  https://open.spotify.com/album/2ZdE8VDS6PYQgdilQ1vWTP?si=Am65WUlIQba4OLbinBYo1g