Death penalty as punishment for a crime
Jordan, co-founder of Axis Capital Investments, is a passionate real estate investor with a degree in Construction Science from Texas A&M University. As a General Partner invested in over 60 doors in Texas, he leverages his extensive background as a Superintendent on $250 million+ commercial projects for effective due diligence and asset management in multifamily real estate. Beyond his commitment to real estate, Jordan consults in home remodeling, providing valuable solutions for homeowners. Based in New Braunfels, TX, Jordan enjoys family outings, travel, and the occasional round of golf. Currently overseeing 63 units at Casa San Luis in Dallas, TX, he has a notable professional history, including projects like the Kinder Museum of Fine Arts and M.D. Anderson Pavilion in Houston. Here's some of the topics we covered: Jordan's Out Of The Box Business Idea The First Deal and How Many Doors Finding Your Multifamily Superpower Aligning With A Team For Massive Success Managing Family Time With Business Time What To Do If You're Waiting For The “Crash” You Control How Successful You Are Being Conservative And Avoiding The Aggressive Doing The First Deal With 0 Experience To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email Partner@RodKhleif.com
Do you need some tips in completing projects effectively? In this episode of the Maximum Lawyer Podcast, Becca, the CEO of Maximum Lawyer shares essential strategies for executing projects effectively.No matter the project, it is important to have a clear vision, roadmap and approach to reach the outcome you want. Becca emphasizes the need to start a project with the end in mind. It really helps envision the success of the project. It is important to create an outline to ensure you stay on track. Outline the goal and write out a list of broad steps from the start of the project to the end. After this, it is important to define the due date. It needs to be one that is realistic and attainable. If you do not set a due date, the project will simply not get done because other things will take priority or take you away from working on it. When working on a project, it is crucial to ensure you put time in your calendar to get it done. Whether it's 30 minutes a day or a few hours a week, put that block in the calendar so you are accountable to work on it.Many projects are complex, with multiple people working on them and dozens of tasks to complete. Some tasks themselves are too big to just do and they need to be broken down into subtasks. This will take the overwhelming feeling away from yourself or your team when it comes to getting things done. Make sure to have a good project management system or tool to track all progress. Listen in to learn about the best way to get a project done!00:23 Importance of having a clear vision of the desired outcome before starting any project1:16 The significance of defining goals and due dates2:20 The strategy of breaking down broader project steps into smaller subtasksTune in to today's episode and checkout the full show notes here. Resources: Join the Guild Membership Subscribe to the Maximum Lawyer Youtube Channel Follow us on Instagram Join the Facebook Group Follow the Facebook Page Follow us on LinkedIn
Interview with John McConnell, President & CEO of Victoria Gold Corp.Our previous interview: https://www.cruxinvestor.com/posts/victoria-gold-vgcx-onsite-visit-with-john-mcconnell-2321Recording date: 20th November 2023Victoria Gold seeks to hit its stride and regain investor confidence after several years of operational setbacks and missed guidance targets caused its stock to languish. But with its Eagle mine now running smoothly, a focus on optimizing production and controlling costs aims to deliver consistent execution and cash flow going forward.President and CEO John McConnell acknowledged past struggles in meeting forecasts but emphasized Victoria Gold's focus is now firmly on efficient operations. Guidance of 160,000-180,000 ounces of 2022 production appears achievable, with output tracking just below the midpoint currently. More ambitious expansion plans have been reined in, however, amid inflated capital costs.Instead, Victoria Gold is concentrating on incremental improvements across its Yukon-based Eagle mine to enhance productivity. New fleet management systems provide additional oversight into trucking, loading and personnel efficiency. Ongoing tweaks to key plant components have already yielded throughput gains as well.These initiatives aim to lower all-in sustaining costs from around $1,450 per ounce presently. While inflation has driven expenses higher across the mining industry, McConnell stressed that "we can produce gold for the lowest possible cost per ounce. That's our aim."With gold potentially heading towards $3,000 per ounce by 2024 according to some bullish forecasts, even modest reductions in Eagle's cost profile could deliver significant upside leverage. Victoria Gold has also put in place hedging and other risk management strategies to protect against volatility in the gold price.The company's financial health appears set to support operational initiatives and improvement plans. Victoria Gold generated $18 million in free cash flow last quarter even after making debt repayments and acquiring new royalty assets. Steady debt reduction remains a priority for excess cash flow allocation after investments to expand output.Ultimately, McConnell sees investor perception turning positive again if Victoria Gold can demonstrate consistent execution. Renewed confidence in management's operational capabilities could spur a re-rating towards historical valuation multiples. Executing on guidance and generating free cash flow gives weight towards that crucial credibility shift.In summary, Victoria Gold's pathway towards restoring its credibility seems clearing: optimize and derisk existing production at Eagle while minimizing costs to deliver steady cash flow. Then leverage operatonal gains to fund measured expansions if capital costs normalize.With assets in a tier-one jurisdiction and institutional backing still apparent, Victoria Gold offers turnaround potential as a fledgling gold producer if execution issues are put to rest. Progress on guidance adherence and cost control point tentatively in that direction for patient value investors.—View Victoria Gold's company profile: https://www.cruxinvestor.com/companies/victoria-gold-corpSign up for Crux Investor: https://cruxinvestor.com
Noluthando Mthonti-Mlambo speaks Telkom Group CEO, Serame Taukabong about the company's results. The results show improved financial performance, with group revenue up 2.5% to R21.8 billion and earnings before interest, taxes, depreciation and amortisation up 1.7% to R5.025 billion. Headline earnings per share improved 46.7% to 195c and basic earnings per share were up 52.1% to 200.2c.See omnystudio.com/listener for privacy information.
The third and final instalment of Kev's conversation with Property Developer Jerome Roith where we learn how Jerome finances projects, raises private finance, and navigates government obstacles. He shares why direct vendor deals yield the highest ROI and how to turn "sealed" bids to your advantage. Jerome busts myths around market timing, explains why persistence trumps perfection, and gives insight into leveraging agents to your benefit. KEY TAKEAWAYS Property investing requires financial creativity, such as seller financing or joint ventures, not just capital. Approach deals asking "How can I make this work?" rather than "Can I afford this?". Surround yourself with positive, ambitious people; "If you stay close to the fire, stuff will happen." Detach from naysayers sticking to conventional, low-yield paths. Governments often make decisions to get re-elected, not to help citizens. Since you can't fix the system, learn to profit from it. Agents often lack investing experience, so don't let them dictate what constitutes a good rental or deal. Go direct to motivated sellers whenever possible. Timing the "perfect" property deal is futile. Executing dozens of good enough deals leads to portfolio growth and mastery. Sealed bids reward preferred bidders. Leverage relationships with agents to access insider information on competing offers. Minor social media critiques are irrelevant. Focus your attention on high-reward activities like financial modelling rather than perfect spelling. BEST MOMENTS "I thought everybody was broke...there's more money on the planet today than there's ever been." "If I hired a Lamborghini with some attractive females around the post, it would blow up. If it's you and me talking about deal strategies, they don't want to know." "Anyone has the ability to be anything that they want to be. It's being that best version of yourself." "My attention to detail has to be on the contracts... The social media stuff, you've kind of now opened that up." "Only do a sealed bid or preferred bid scenario if you've got the agent in your pocket." VALUABLE RESOURCES MSOPI – Multiple Streams of Income: https://www.progressiveproperty.co.uk https://kevinmcdonnell.co.uk ABOUT THE HOST Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people's property to create financial freedom. CONTACT METHOD https://www.facebook.com/kevinMcDonnellProperty/ https://kevinmcdonnell.co.uk/ TikTok: https://www.tiktok.com/@progressiveproperty YouTube: https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g Twitter: https://twitter.com/progperty LinkedIn: https://www.linkedin.com/company/progressiveproperty Instagram: https://www.instagram.com/progressiveproperty/ Facebook Community: https://www.facebook.com/groups/progressivepropertycommunity Facebook Page: https://www.facebook.com/Progperty progressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/This show was brought to you by Progressive Media
Listen in podcast app and follow below for the podcast topic arc.* F1 and Liberty Media* Stock Market Update* Dealerships Aren't Taking EV Orders* Chinese E-commerce stack (TikTok, Shein and TEMU)* Recommendations and LinksListen on Apple, Spotify, or Google Podcasts.Market Update
Highlights from their conversation include:The rise of Loadsmart (0:58)Shift in Loadsmart's focus (2:28)Comparison of Loadsmart and Convoy (7:39)The challenges of scaling a digital freight brokerage model (13:18)The lean business model of brokerage and different misconceptions (14:32)Adoption of cloud-based solutions in the supply chain industry (17:17)The Value of Outsourcing Freight (24:29)Challenges and Opportunities in the Brokerage Business Model (27:39)The Future of Add-On Offerings in the Industry (30:34)Dynamo is a VC firm led by supply chain and mobility specialists that focus on seed-stage, enterprise startups.Find out more at: https://www.dynamo.vc/
Today, I'm joined by Tom Dowd, CEO of F45 Training, a studio franchise built on high-intensity functional group workouts. Founded in 2012, F45's early success skyrocketed it to 2200+ franchises and a 2021 IPO, before financial troubles hit. Now, investor Tom Dowd has stepped in as CEO, leveraging experience as an executive at GNC and Performance Inspired Nutrition to steer the course. In this episode, we discuss how the company's recent challenges — including layoffs, a leadership shakeup, and financial struggles — led to Tom assuming the CEO role. Plus, he shares his back-to-basics approach to turning the business around. In this episode, you'll learn: • Why F45 faced financial struggles the past few years • Tom's leadership philosophy and plans to push F45 to new heights • About Mark Wahlberg's involvement as investor and Chief Branding Officer Subscribe to the podcast → insider.fitt.co/podcast Subscribe to our newsletter → insider.fitt.co/subscribe Follow us on LinkedIn → linkedin.com/company/fittinsider F45 Training Website: https://f45training.com/ F45 Training IG: https://www.instagram.com/f45_training/ Tom's IG: https://www.instagram.com/bigdealdowd/ Mark Wahlberg's IG: https://www.instagram.com/markwahlberg/ - The Fitt Insider podcast is brought to you by Jack Taylor, our exclusive PR partner. More than just PR, they're creative storytellers and brand builders who actually understand the health and wellness industry. Learn more and get in touch at https://fitt.co/jacktaylor Chapters: (00:00) Introduction (01:52) Investing in F45 with Mark Wahlberg (03:52) Taking over the CEO role (07:19) F45's financial and strategic challenges when Tom took over (11:43) Tom's operating and growth philosophy (14:56) Balancing internal strategy and wall street metrics (19:49) Executing the basics and getting buy-in from employees and franchisees (21:28) The importance of brand recognition (23:06) The success of their pilates concepts (26:46) Expansion of trending concepts (31:16) Potential additional revenue streams and partnerships (33:38) Considering going from a public company back to private (35:29) Future plans and growth (37:00) Conclusion
In this episode of the Business Lunch Podcast, Roland and Ryan dive into their experience planning and executing live business events. They discuss different event types and purposes, and share lessons learned around marketing, celebrity involvement, testing event descriptions, and more. Listeners will gain insights into considerations like timing of promotions, ensuring events enable intended sales goals, and navigating challenges like hotel contracts and room blocks. Roland and Ryan also candidly discuss things that didn't go according to plan at past events and how they've applied learnings.Entrepreneurs and marketers will walk away with best practices for optimizing events to drive attendance, engagement, and results! Highlights:"I freaking hate events. I hate events, there's so much work, there's so much stress leading up to it.""You underestimate how difficult it is to get people to, to buy a ticket, buy, you know, buy tickets event, buy a plane ticket, get hotel space, and then show up. It's a big ask, it really is a big ask.""One nice thing, a well known speaker, a celebrity time person is going to cost you a good bit of money, but what they buy you is scroll stopping."Timestamps00:03: Events03:31: Profitability09:32: Planning & Marketing12:27: Celebrity Involvement17:16: Improving Sales20:03: Strategies25:29: Converting SalesCONNECT • Ask Roland a question HERE.RESOURCES: • 7 Steps to Scalable workbook • Get my book, Zero Down, FREETo learn more about Roland Frasier
WATCH INFRINGED NOW At - https://timcast.com/members-area/infringed/ BUY CAST BREW COFFEE TO FIGHT BACK - https://castbrew.com/ Become a Member For Uncensored Videos - https://timcast.com/join-us/ Hang Out With Tim Pool & Crew LIVE At - http://Youtube.com/TimcastIRL Hasan Piker Justifies Hamas Executing Babies, H3 & Hasan Leftovers Show IS DONE, Woke Left IMPLODING Learn more about your ad choices. Visit megaphone.fm/adchoices
Liana Ling is the CEO of AdSkills, an e-learning company offering advertising classes to professionals. She is also the President of Power Up Strategy, which provides business coaching for entrepreneurs. As a seasoned digital marketing expert, Liana has over a decade of experience in the info product and coaching industries. Recognized as one of the top Facebook ad buyers worldwide, she drives results for clients by optimizing their advertising strategies and delivering ROI. With a background in law, Liana has become the go-to advisor for businesses. In this episode… As digital advertising evolves seemingly by the hour, marketers and business owners must evaluate copious platforms, software, and strategies. This leads to overanalysis and inaction, consuming valuable time as these professionals become preoccupied with the latest technology. Which advertising strategies should you leverage to streamline your approach? After uncovering her strengths, leading digital advertising authority and former attorney Liana Ling acquired complementary partners and resources to enhance her performance. If you're engaging in repetitive tasks or overutilizing ad technology, Liana recommends prioritizing revenue-generating tasks and scheduling time to automate and delegate the remainder. Executing multiple advertising approaches simultaneously without a sound strategy is ineffective. Instead, test strategies separately, analyze KPIs and performance data, and optimize them to scale. Join Dan Kuschell in this episode of Growth to Freedom as he hosts Liana Ling, the CEO of AdSkills, who shares how to simplify digital advertising strategies. Liana explains how to adapt to the changes in digital advertising, her personal and professional growth journey, and tips for gaining visibility using paid media.
Do you want to know the secrets to becoming a successful Amazon e-commerce seller? In this episode, we sit down with Lenin Govea, a five-year veteran in the industry, to talk about his journey and his successes. Lenin shares how he got started in copywriting, email marketing, and affiliate marketing before taking on Amazon. He also explains how he has invested in various courses and coaching programs to grow his business and why Voltage as an Amazon growth consultancy has provided him with more value than other programs due to its immediate results. Lenin emphasizes the importance of understanding the fundamentals behind business growth and having a clear playbook to follow. Tune into this episode of the podcast for an inspiring story on how to succeed and grow your business! [00:00 - 05:19] From Copywriting and Email Marketing to Investing with High Voltage Business Builders[05:20 - 12:23] How to Reach 5-10 Million in Annual Revenue with a 1-2 Person Company[12:24 - 19:19] Executing the Plan to Sell Business for $1 Million Connect with Lenin on LinkedIn, Instagram, and Facebook. Key Quotes: "Investing in myself is always a good thing, even if I don't get the results I want immediately." - Lenin Govea "If you only learn and do not implement, then your focus is going to be somewhere else instead of doing the things that you have to be doing in order to grow your business.” - Lenin Govea Let's get connected! You can find me on LinkedIn, Instagram, Facebook & YouTube. Head to Voltage Digital Marketing to boost your brand and sales exposure! If you liked the show, please LEAVE A 5-Star REVIEW, like, and subscribe through your favorite streaming platform!
Join me for a power-packed episode where I'll show you how to supercharge your life with the simple formula: Do More, Get MORE. I'm diving into a strategy that's all about fueling your MOTIVATION, smashing through OBSTACLES, leveraging your RESOURCES, and EXECUTING like a pro. I'll share personal stories, hard-earned insights that will transform the way you tackle challenges in business and in your life. Think bigger, push harder, and follow up like your success depends on it—because it does. Let's turn your everyday efforts into extraordinary results.
Amit Mann and C.J. Miles discuss the win vs. the Bucks, how the Raptors can improve the emerging Dennis Schroder-Jakob Poeltl PnR, Gradey Dick's play, the commitment to defence, shot diet of Pascal Siakam and Scottie Barnes and more! Hosted on Acast. See acast.com/privacy for more information.
Stocks slid in the final hour of trading to send the major averages negative on the week. 3Fourteen Research Co-Founder Warren Pies helps us break down the market action heading into an uncertain weekend and the key sectors to watch. Jon sits down with Intel CEO Pat Gelsinger after the chipmaker's strong quarter. Masimo CEO Joe Kiani on his company's patent fight with Apple over watches. Andrew Borene, Flashpoint National Security Solutions Executive Director, walks us through the latest developments in the Middle East. NerdWallet recorded its best day ever, jumping 40% on earnings. CEO Tim Chen talks the company's position.
The number one thing (in my opinion) that we can control as a coach is our practices; what we teach, how we teach, the habits we create and the culture we cultivate. This week, Tony and I break down how we develop our practices, what we do in practice and how we try to carry over those concepts day to day. Along with that, we preview the NBA Pacific Division and find a way to weave Tom Selleck's moustache and Joe Namath into the conversation . . . enjoy!!
Are you tired of waiting for others to support you? You have big dreams, deep desires and a vision so bold it even scares you a little bit. You're fired up and yet the people you thought would support you seem to have all taken a vow of silence.
Romans 9:27-28 Isaiah cries out concerning Israel, “Though the number of the sons of Israel be like the sand of the sea, it is the remnant that will be saved; for the Lord will execute His word on the earth, thoroughly and quickly.” For us to understand this verse and draw encouragement, we need to remember something Paul wrote in Romans 9:6 “But it is not as though the word of God has failed. For they are not all Israel who are descended from Israel.” From that verse to these verses, Paul had been showing his readers that God's promises of salvation were for those to whom He chose to show His mercy from both Jews and Gentiles. The Israel of God, the redeemed children of God, the beloved of God, did not include everyone who was descended from Abraham. In this verse, Paul cited Isaiah's prophetic declaration that God has chosen only a remnant from Abraham's descendants to be saved. Yes, God may bless the nation of Israel with many offspring—as many as the sand of the sea, figuratively speaking—but not all national Israelites are included in the redeemed Israel of God. Paul reemphasized that God's word has not failed toward Israel when he quoted Isaiah's word to Israel, “the Lord will execute His word on the earth, thoroughly and quickly.” Everyone who has experienced the grace of God in Christ, who is not of Jewish descent, should rejoice in God's mercy and love demonstrated to them. And even more to the point of this verse, every descendant of Abraham who has experienced the grace of God in Christ should also rejoice in God's mercy and love demonstrated to them—they have been chosen by God as members of the remnant of Israel to be saved. Here's our encouragement to live to love with Jesus today from this verse. The Lord's word will not fail and is not failing. He is executing His word in the world, even as I speak and you listen. He is saving all Israel as His beloved, filled with the life and the love of His Son, love and testify of the power of the gospel. That's what we were saved to do. May we be filled with the Spirit and empowered by the presence of Christ to advance the fulfillment of God's word for His glory. May we be filled with great joy for the privilege we have received to be expressions of the love of God today. Acknowledgment: Music from “Carried by the Father” by Eric Terlizzi. www.ericterlizzi.com
Video released of deputy executing exonerated Black man. US resumes deportation flights to Venezuela. Biden makes deal with Egypt to restart aid to Gaza. You can subscribe to Five Minute News with Anthony Davis on YouTube, with your preferred podcast app, ask your smart speaker, or enable Five Minute News as your Amazon Alexa Flash Briefing skill. Join our Patreon for bonus content, commentary and more, at patreon.com/fiveminutenews Subscribe to our YouTube channel membership www.youtube.com/fiveminutenews Five Minute News is an Evergreen Podcast, covering politics, inequality, health and climate - delivering independent, unbiased and essential world news, daily. Learn more about your ad choices. Visit megaphone.fm/adchoices
In The Balanced Scorecard, authors Norton and Kaplan report that 90% of organizations fail to execute their strategic priorities, and nothing frustrates CEOs like the lack of execution. Tune in to Episode 61 as we discuss and unpack three critical components to strategic execution, components without which you'll continue spinning your organizational wheels.Website: Frustrated CEOSocial: LinkedIn
For years, I lived a double life. My conservative, Christian mother knew nothing of my profession as a Dominatrix until a revelation seven years in the making unfolded, with surprising results. In this candid, personal episode, I share about the fear, the tension, and ultimately the liberation that came with breaking my silence. I explore the delicate dance of withholding the truth, the strain it put on my relationship with my mother, and the unexpected acceptance that emerged. Disclaimer: Some long pauses towards the end due to tears :) More on Eva Oh: https://eva-oh.com HIGHLIGHTS: Here are the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time. (00:00) - Welcome. What is #teakink (00:15) - Coming Out to Mum About Being a Dominatrix (01:35) - Bible Study, Christianity, Conservatism (03:55) - Hiding My Job and What it Did to Our Relationship (04:40) - Why Did I Tell Her After 7 Years? (05:30) - Sex Worker Friendly Therapy (07:15) - Planning the Coming Out (08:30) - Executing the Plan, Not As Expected (10:04) - Mum's Questions About the Job (12:15) - My Answers (16:16) - My Mother's Insight, Humour and Compassion (20:15) - How The Coming Out Settled
“You can also look at resources of putting your time into building that network of advisers. It's a bit of time to build that but then you get so much value out of that as long as you're willing to listen.” —Gregory Kalinin Dynamic agriculture can be seen as a way of weaving regenerative farming into a holistic and adaptive system that can benefit both the farmers and the environment. By blending these two practices, farmers can meet specific goals, such as minimizing tillage, recycling organic matter, using cover crops, rotating crops and livestock, avoiding synthetic inputs, and diversifying production. Dynamic agriculture can also help farmers respond to the changing demands and preferences of consumers, such as organic, local, fair trade, or niche products. This week, Gregory shares his journey from being a coffee geek to the Co-Founder of Holistic Roasters, a biodynamic and organic coffee roasting company. As a coffee enthusiast who was introduced to high-quality siphon coffee in Japan, Gregory developed a passion for exploring different coffee brewing and roasting methods. He began home roasting and sourced biodynamic coffee for a school fundraiser, which led to the creation of Holistic Roasters alongside his business partner. Under Gregory's leadership, Holistic Roasters has expanded its product offerings while committing to sustainable and regenerative farming practices. Listen in as Justine and Gregory explain what biodynamic agriculture means and how it fits into the larger movement of regenerative farming. They also discuss the importance of testing ideas through small pilots before fully committing as well as insights into building a values-aligned business in the specialty coffee industry. Meet Gregory: Gregory is a serial entrepreneur and corporate executive with a track record of developing and implementing new business ideas across multiple industries in start-up, turnaround, and rapid-change environments. After completing an MBA from McGill University in 1995, Gregory co-founded a high-tech startup that achieved a successful IPO on the Canadian stock market. The company was recognized by Canadian Business Magazine as one of the hottest software companies and by Profit Magazine as one of the country's fastest-growing companies. In 2001, Gregory was recruited by Bombardier Aerospace to launch a new business unit called Flexjet in the Asia-Pacific region. Executing a pioneering development strategy allowed the business to surpass growth targets using a fraction of the allocated budget. Flexjet Asia-Pacific became the region's #1 business aircraft charter network by attracting ultra-high-net-worth individuals, political leaders, and Fortune 100 clients. For his work, Gregory received a special bonus from the Bombardier Board of Directors for having "achieved exceptional results, with an exemplary level of perseverance". In 2008, Gregory led the turnaround of an aerospace manufacturer where he increased sales by 680%, diversified the customer base, and rebuilt the Company's reputation. Emergia Aerospace became the #1 supplier of production line tooling in Quebec with customers ranging from Bombardier to the Canadian Air Force and Bell Helicopter Textron. Currently, Gregory works with several companies including a talent assessment and performance management company; Holistic Roasters, a Demeter USA-certified roaster and distributor of biodynamic coffee; and MiX Café, a private café for employees and their guests. LinkedIn Connect with Holistic Roasters: Website Facebook X Instagram TikTok Connect with MELK: Website Connect with NextGen Purpose: Website Facebook Instagram LinkedIn YouTube Episode Highlights: 00:33 Biodynamic Agriculture Defined 05:12 How Biodynamic Fits Into Regenerative Agriculture 11:03 The Third Wave Coffee Movement 15:47 Navigating Product Market Fit 21:34 Product Development, Feedback, and Pivoting Tips 25:01 The Value of Building a Network of Advisors and Experts
This week TJ and Sam dive into the details of what will make your offense work this season. They discuss spacing, screening angles, timing, assessing different offensive strategies for your team, and much more. Sign up now for our In-Game Coaching Track: PGCCoaching.com
Former Test Leg Spinner for Australia, Bryce McGain, caught up with Scott Cummings & Tim Gossage to share his analysis on Australia's loss to South Africa and the ICC Cricket World Cup so far. Learn more about your ad choices. Visit megaphone.fm/adchoices
Shane Ohly tells me about his incredible record on the Lake District Classic Rock Round, a 50 kilometre route linking 15 classic climbs from the 1978 book 'Classic Rock' by Ken Wilson. In 2020, Will Birkett and Tom Randall battled as they each brought the record down. Shane watched from the sidelines nursing an injury but knowing that he possessed the unique skill set to bring this down even further. Shane left school obsessed with climbing and went on to become a sponsored pro, establishing new routes up to E8 and onsight solos to E7. Living in Cornwall he often ended up climbing alone, and so became a prolific soloist, culminating in his '500 routes in a day' on the Grit with John Arran in 2003. Later, he moved into mountain marathons and endurance running, clocking consistent podium results in Elite length mountain marathons for over a decade. He held the Winter Ramsay's Round record between 2008 and 2012 and broke Martin Stone's record for a solo unsupported midwinter Bob Graham round in 2020. Shane talks about his 3 year meticulous planning process for Classic Rock, which saw him spend over 30 days learning and memorising the rock climbs and running route. Using this approach he was able to keep the risk acceptable for him, and he talks through his logic and justifications. Executing the round in ideal conditions in August 2022 he describes a near perfect day of flow state which saw him reduce Will Birkett's record of 10h 41m to an incredible 9h 22m. Shane is the founder of Ourea Events who provide some of the most challenging mountain running events in the UK such as the Dragon's Back, Cape Wrath Ultra and Glencoe Skyline. Please see Episode 14 for an interview with Josh Jardine (which is weirdly the exact same length as this episode) on the pairs record for the Lakes Classic Rock Round, and Episode 10 for Martin Stone's 1987 solo unsupported mid winter Bob Graham Round.
3pm - MICHAEL MEDVED: Hamas announces they will begin executing hostages after every airstrike // Anti-Defamation League CEO Jonathon Greenblatt calls out MSNBC script writers during a Monday appearance on Morning Joe // CDC leaked memo allegedly instructs reporters to not mention Gaza not occupied and not to refer to terrorists as terrorists // RFK Jr. to run as an independent
Roy Schoenberg, President & Co-CEO at Amwell - American Well Corporation (NYSE:AMWL) This episode is sponsored by the M&A Science Academy, DealRoom, and FirmRoom. To join our growing online community of M&A practitioners, visit www.mascience.com/academy. Don't forget to use the code “podcast” at checkout. Ready to take your M&A to the next level with software made to manage each stage of the deal process? See how DealRoom can facilitate your next deal at www.dealroom.net. FirmRoom provides 80% cost savings over VDRs that bill by page and delivers a far better user experience to boot. Sign up in under 2 minutes by going to www.firmroom.com. Episode Timestamps 00:00 Intro 04:26 Evolving from a medical background to M&A 07:27 What makes the healthcare space distinct 09:36 What drove Amwell to do acquisitions 13:03 Shaping the acquisition strategy 16:59 Amwell's first acquisition 22:29 Integrating the new company 24:50 Retaining key people 28:33 First acquisition lessons learned 31:03 Dealing with transaction surprises 34:03 Approaching deals as one of the main principal 38:01 Deal sourcing 39:49 Managing relationships with the counterparty 41:30 Communication during diligence 43:14 Craziest thing in M&A
Rachel Rodgers grew up in a low-income household in Queens, learning how to live with the power out and not having enough food in the house. She saw her parents hustling to keep their heads above water, and realized early on the importance of money and financial security. She resolved to learn how to make enough of it to pursue her dream life. In today's episode, Rachel shares how she went from growing up low-income to becoming a self-made millionaire, and how you can do it too. Rachel Rodgers is the founder of Hello Seven, a multimillion-dollar company that teaches women how to earn more money and build wealth. Rachel's ground-breaking work has seen her featured in Time, Forbes, Entrepreneur, Fast Company, The Washington Post, NBC News, and Cosmopolitan. Her mission is to teach women — especially women of color — how to end the cycle of overworking, under-earning, and financial stress once and for all. In this episode, Hala and Rachel will discuss: - Learning to hustle on a low-income - Taking a leap of faith as an entrepreneur - Transitioning from law to business coaching - Helping marginalized communities make money - Why you should care about diversity if you care about the bottom line - Executing the ideas you believe in - Making million-dollar decisions - Putting a monthly value on your dream life - How to make $10,000 in 10 days - How to value yourself correctly - The hazards of being a solo entrepreneur - And other topics… Rachel Rodgers is an intellectual property attorney, business coach, and published author. She is the owner of a multimillion-dollar business, mother of four, and visionary featured in publications like The New York Times, Women's Health, Forbes, Entrepreneur, Fast Company, and on hit programs like Good Morning America, E! News, and The Drew Barrymore Show. She is the founder of Hello Seven, a company dedicated to helping historically excluded people make more money. Her nationally bestselling book, We Should All Be Millionaires: A Woman's Guide To Earning More, Building Wealth, And Gaining Economic Power, is a powerful guide to creating abundance in your life. Resources Mentioned: Rachel's Website: https://helloseven.co/ Rachel's LinkedIn: https://www.linkedin.com/in/rachelannerodgers/ Rachel's Twitter: https://twitter.com/RachRodgersEsq Rachel's Instagram: https://www.instagram.com/rachrodgersesq/ Rachel's Facebook: https://www.facebook.com/rachelrodgerslaw/ Rachel's Podcast: https://helloseven.co/podcast-page/ Rachel's Book, We Should All Be Millionaires: https://www.amazon.com/We-Should-All-Be-Millionaires/dp/1400221625 LinkedIn Secrets Masterclass, Have Job Security For Life: Use code ‘podcast' for 30% off at yapmedia.io/course. Sponsored By: Shopify - Sign up for a one-dollar-per-month trial period at youngandprofiting.co/shopify Relay - Sign up for FREE! Go to relayfi.com/profiting More About Young and Profiting Download Transcripts - youngandprofiting.com Get Sponsorship Deals - youngandprofiting.com/sponsorships Leave a Review - ratethispodcast.com/yap Watch Videos - youtube.com/c/YoungandProfiting Follow Hala Taha LinkedIn - linkedin.com/in/htaha/ Instagram - instagram.com/yapwithhala/ TikTok - tiktok.com/@yapwithhala Twitter - twitter.com/yapwithhala Learn more about YAP Media Agency Services - yapmedia.io/ Learn more about your ad choices. Visit megaphone.fm/adchoices
We all know that getting on shelf is hard, but selling off the shelf is even harder.On this episode I'm joined by Andy Segal, Senior Sales Manager at Honey Mama's to share how he manages sales and promotions.He breaks down how he creates a strategy for the year using tools like Promomash and Crisp, and then uses them to evaluate the success of the various promotions.If you need help managing sales strategy, trade spend and deductions, try Promomash and Crisp yourself. Foodbevy members get a free 30 day trial of both tools.Startup to Scale is a podcast by Foodbevy, an online community to connect emerging food, beverage, and CPG founders to great resources and partners to grow their business. Visit us at Foodbevy.com to learn about becoming a member or an industry partner today.
Getting a new product to market is a time-consuming and difficult task that few achieve. Yet, the husband and wife team of Greg Besner and Leslie Hsu have done just that with their Sunflow brand of beach chairs and accessories. Greg is a serial entrepreneur and Leslie is a fashion designer. Their journey was filled with challenges, from idea conception through design to product launch - with a successful appearance on ABC's Shark Tank along the way. In this episode of IP Talk with Wolf Greenfield, Greg and Leslie discuss their story with Neil Ferraro, chair of Wolf Greenfield's Mechanical Technologies Practice, and Paul Metaxatos, co-founder and principal of Motiv, a Boston-based consultancy that designs products and develops brands for companies of all sizes. Here are a few of the highlights:01:43 - Leslie explains where the idea for Sunflow originated03:59 - Neil describes Greg and Leslie as problem solvers05:21 - Paul explains Visual Brand Language (VBL) as an important product differentiator06:20 - Greg on the features that make Sunflow unique08:55 - Executing with excellence 09:53 - The importance of developers, designers, and patent attorneys working as a team to develop and protect ownable aspects of a new product 11:30 - Making practical decisions along the way to ensure the iconic new product16:20 - Greg explains the value of having proper patent protection19:19 - The Shark Tank experience 21:03 - What's ahead for Sunflow?25:19 - Paul believes Sunflow is taking a page from Tesla's playbook27:20 - Neil stresses the importance of making sure innovations in the pipeline are patented before disclosure or release
Podcast Overview: Will & Valentino discuss the process of creating a strong fan base, social media platforms for artists & the importance of enjoying the job. Who Is Valentino Khan: Valentino Khan makes everything. The Los Angeles-based DJ and producer is an artist whose music truly knows no bounds. From producing hip-hop tracks for Grammy-winning artists to pumping out electronic club anthems at top venues all over the world, he is continuously evolving his unique personal sound. Incorporating elements of house, trap, bass, hardstyle and more. Valentino's music always provides the audience with the unexpected, while remaining full of energy. A heavyweight in his own right, Valentino Khan continues to break barriers with original tracks, production credentials and incredible live sets. If you would like to join my community to carry on with all of these discussions please sign up to the link here: http://willclarke.club/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Dr. Irit Yaniv, Founding Partner and CEO at Almada Ventures (TLV: AMDA) This episode is sponsored by FirmRoom, the fastest virtual data room used to get deals done. FirmRoom provides 80% cost savings over VDRs that bill by page and delivers a far better user experience to boot. Sign up in under 2 minutes by going to www.firmroom.com Episode Timestamps 00:00 Intro 03:26 M&A in the medical device industry 04:49 Minority position during Investment 05:35 When to think about an exit 06:59 Getting involved in the exit 09:57 Working with the CEO 12:03 Keeping track of potential acquisitions 14:34 Finding the right buyer 17:55 Managing exit planning disagreements 20:34 Who controls exit decisions 22:23 Negotiation 25:37 When to engage with a banker 36:51 Advice on planning an exit 38:11 Bad exits 40:29 Other takeaways 42:35 Craziest thing in M&A
Dr. Joe Hanisko // #FitnessAthleteFriday // www.ptonice.com In today's episode of the PT on ICE Daily Show, Fitness Athlete lead faculty Joe Hanisko stresses the need to maximize preparation and recovery for a successful competition. He emphasizes the importance of preparing for the week before the competition, the competition day itself, and even the week after the competition. Joe encourages individuals to focus on their game plan, proper nutrition (including carbs, protein, and electrolytes), fluids, and electrolytes. Additionally, He highlights the importance of keeping the body moving between events to avoid stiffness and stagnation. The ability to warm up, maintain a good heart rate, and perform at a fast 100% effort is crucial for success. On the day of the competition, Joe advises sticking to one's game plan and not letting others dictate it. He mentions that CrossFit is about being able to adapt on the fly, but it's important to trust one's strategy and see where it takes them. Joe also emphasizes the importance of nutrition during competition day, stating that eating is necessary and what one eats matters. He provides the example of an elite athlete who consumed multiple Snickers bars for fast carb and glucose intake to replenish muscles, but notes that this strategy may not be applicable to everyone. After the competition, Joe discusses the importance of the follow-up week. He suggests focusing on recovery during this time and allowing the nervous system to recover and do what it needs to do. He highlights the significance of giving oneself time to recover, as it is an important part of the overall competition process. Overall, the episode emphasizes the importance of preparation, execution, and recovery in the context of a competition. It highlights the need to have a game plan, trust one's strategy, focus on proper nutrition, and prioritize recovery to maximize success. Take a listen to the episode or read the episode transcription below. If you're looking to learn from our Clinical Management of the Fitness Athlete division, check out our live physical therapy courses or our online physical therapy courses. Check out our entire list of continuing education courses for physical therapy including our physical therapy certifications by checking out our website. Don't forget about all of our FREE eBooks, prebuilt workshops, free CEUs, and other physical therapy continuing education on our Resources tab. EPISODE TRANSCRIPTION 00:00 INTRO Hey everybody, welcome to today's episode of the PT on ICE Daily Show. Before we get started with today's episode, I just want to take a moment and talk about our show's sponsor, Jane. If you don't know about Jane, Jane is an all-in-one practice management software that offers a fully integrated payment solution called Jane Payments. Although the world of payment processing can be complex, Jane Payments was built to help make things as simple as possible to help you get paid. And it's very easy to get started. Here's how you can get started. Go on over to jane.app.payments and book a one-on-one demo with a member of Jane's support team. This can give you a better sense of how Jane Payments can integrate with your practice by seeing some popular features in action. Once you know you're ready to get started, you can sign up for Jane. If you're following on the podcast, you can use the code ICEPT1MO for a one month grace period while you get settled with your new account. Once you're in your new Jane account, you can flip the switch for Jane Payments at any time. Ideally, as soon as you get started, you can take advantage of Jane's time and money saving features. It only takes a few minutes and you can start processing online payments right away. Jane's promise to you is transparent rates and unlimited support from a team that truly cares. Find out more at jane.app.physicaltherapy. Thanks, everybody. Enjoy today's episode of the PT on ICE Daily Show. 01:26 JOE HANISKO Good morning, everybody. It's PT on Ice, daily show live. It's Friday, I would say September 22nd, getting close to October already. It is Fitness Athlete Friday. I'm Joe Hanisko. I'll be your host today. One of the lead faculty of the clinical management of the Fitness Athlete crew. Today we want to chat about competition. So CrossFit competition prep 101. Just the basics. We get either personally ourselves or some of our clients who are signing up for local or online competitions and we want to make sure that we're preparing them and that they understand what their expectations are for getting into that competition. the week before, the actual date of, and then even that week after, like making sure they maximize their preparation and their recovery for a successful event, especially when really all that we typically have to see in comparison is these elite athletes who are going to be doing things similarly, but also different because of the amount of training they've put in and just the fortitude that they've built up in terms of an athlete and the resilience that they've earned in an athlete. We'll talk about that CrossFit Competition Prep 101. Before we get going, I want to make a couple of call outs to the CMFA Live agenda that's coming up for the rest of the year. Both of our Essentials and Advanced Concepts course took off online in the last week or so. So those are going to be going through until the end of the year and we'll get those going again at the beginning of 2024. But in terms of live courses, we have a handful coming up in the next few months to close out the year. So if you're looking to get into any Con Ed courses, we are going to be in California. Washington, Alabama, the state of Texas, down in Florida, New Orleans, and Colorado, all before Christmas. So from now until Christmas, we have six or seven CMFA Live courses that will be out there. So grab a seat if you're looking for that. Hop on to theptnis.com and you can find all of our courses there. All right, CrossFit Competition Prep 101. 03:45 PREPPING FOR COMPETITION WEEK Let's talk about the week of. So you're going into this weekend of competition. What do we do that week before? I would say that at this point, We're not talking about the prior weeks and months of training. That's a whole other conversation. But at this point, whatever you've done to earn your right to sign up for this competition, you've done it, you've earned it. You can't really gain a whole lot more in one week of training, but you can lose a lot in that one week. So we want to make sure that we take that week leading into competition pretty seriously. If we're assuming maybe competition day is on Saturday, which is most common for a lot of local events, I would say that those first two to three days of that week, Monday, Tuesday, Wednesday, per se, I would focus on training as normal. Keep things consistent. If you guys have specialized programming through your gym and or you're using some sort of online platform like Mayhem, Days one, two, and three can stay pretty consistent. We don't have to change a whole lot about that. It allows us to stay moving, feel good, test some things out, and it's not until day four and day five that we really start to maybe change some things there. Day four, I would say, is a great opportunity to just take a complete rest day, figure out how the body is feeling, let things calm down. Maybe we focus on just a nice walk outside, maybe we do some mobility work and some soft tissue work to kind of prep the body but I'm cool with day four-ish in that time frame being a complete rest day if that works out into your calendar. It gives us time for the body recover for the nervous system to recover and then it gets us to day five the day before competition. I would suggest that the day before competition you don't do absolute rest. I think it's kind of nice to low level prime the body for movement especially when you're about to do something at a pretty high intensity the following day. So this could be super easy, like moderate EMOM style work, where you're doing a lot of body weight or simple movements. This could be just a zone two kind of monostructural day where we hop on the erg, sorry about that light there, hop on the erg, get some of our heart rate into that zone two level and just do a nice 20, 30, 40 minute cruise control type of workout. But I like the idea of the day before competition, moving the body and taking that rest day, maybe a day or two before competition. opposed to resting right up until that point there. So in terms of our basic agenda, days 1, 2, and 3, you can stay pretty consistent. Day 4-ish, probably 3 or 4-ish, we're going to take a complete rest day and let the body completely recover, maybe focus on soft tissue mobility. And then day 5, we want something smooth and easy, get the body feeling good. If you have any you know problem areas we're doing a little bit of accessory work to tune those up but we're not hitting a hardcore CrossFit style event the day before that competition. A couple other things that I would maybe not do in that week before is I would not go above 75 80 percent of your maximum volume in terms of load so if your programming calls for deadlifts, squats, whatever it might be, some heavy loaded exercise, no matter what, keep that in that moderate, upper moderate range there. I feel like being in that 60, 65, 70, maybe 75% range at the most gives you an opportunity to load those tissues, feel like you're getting something out of it, but also not blasting the nervous system. Our nervous system is probably one of the most undervalued parts of our recovery because it's hard to sometimes assess until you go and perform. But when the nervous system is down, our actual performance will be down as well too. And typically what drops the nervous system is high volume training and high loaded training because we only have so much of the tank to give before we need to recover. So I would avoid hitting heavy, heavy weightlifting the week of. Keep those 75-ish percent or lower. That being said, too, another thing I've seen a lot and had a lot of education on is if your event calls for some sort of weightlifting complex, like a hang snatch to overhead squat to hang snatch complex, I'm just making something up, don't go out and test that thing at max capacity over and over and over again. One of the biggest flaws that I see with our novice CrossFit athletes is that it's something new. It's like, oh, I haven't done this exact complex. I don't know exactly what it's going to feel like. Well, go and test it at that 50%, 60%, 70% maybe. but I see so many people the week or two prior doing it three or four times and what they're doing is depleting their nervous system and when it matters on that Saturday when competition is there, you may in fact lose some by having tested that so often before. So I would, I'm not saying don't trial it to see what it feels like, but I'm saying you should have a good understanding now with all the training you've done before to earn your right to be in that competition, roughly what your capabilities are, and then testing that complex at lower to moderate weights will give you a little bit of an insight to where you think you can be, but you are not going to get stronger by practicing that over and over again in a week or two before that event. So get familiar, but don't blast yourself with those complexes. Yeah, and then the other thing I was gonna say is just don't, in terms of testing, going a little farther, don't test all those workouts that you're about to do at max capacity multiple times either. I'm on board for learning, for strategizing with team, if you have a team event, I think that is great, but do those several weeks in advance. Don't go and blast your body the week of testing an event that you're probably gonna do because that's where we'll see decreased performance and potentially injury risk that will increase when we're doing that stuff there so recap of the week of the week of you're going to train as usual for the most part days one two and three Day three and or four, we're going to take a rest day and let that body completely recover. Just focus on mobility, recovery style stuff. Day five, we want to move a little bit. Lightweights, bodyweight style exercises, throw that into an EMOM format. Get yourself on a ERG machine and do some zone two monostructural work. We want to avoid max effort loads throughout the week to keep our nervous system healthy. We don't want to test everything over and over again. Save yourself for Saturday. You will not lose by not training, but you can lose by overtraining in that week before. All right, so now you're in the day of. Day of competition. This looks a little bit different to everybody, but a few little pointers that I have, some of them will be obvious, but just reminders, is that just stick to your game plan. Hopefully you've thought your process through and trust it. You know yourself as an athlete, your team hopefully has connected, or your training partners, and you know each other fairly well. Don't let other people dictate your plan. Stick to your plan. CrossFit's all about being able to adapt on the fly, which you will have to do sometimes, but don't go in constantly thinking that you have to change your strategy. Trust your strategy and see where things take you. 10:37 NUTRITION ON COMPETITION DAY In terms of nutrition during competition day, I feel like we need to be eating. I think that's an obvious thing to say, but what we eat matters. We see people, Matt Frazier was a good example, who would just slam multiple Snickers bars in a day of competition because he was looking for fast carb glucose intake to replenish those muscles. It's actually not a terrible strategy, but we're not Matt Fraser either. There's got to be probably some moderation to that. I do believe having easily digestible carbohydrates, which may include some sugar and that's fine. A couple little gummy worms here or there, some fruit, maybe some of those protein bars or energy bars that have some carb in it, built in it. things that taste good and that are easy for you to digest are probably best. We need carbs to replenish our muscular glycogen system and just our overall metabolic system. I think getting some protein in is fair, but we don't need to heavily douse protein. We don't need to be eating like multiple burgers that will sluggishly kind of slow you down. So lean proteins, beef jerky, a little bit of pulled chicken, something like that can be a fairly easy type of protein to digest. And then I would say a third thing being fluids and electrolytes. So this is where getting salt waters of some kind, like a element for an example, or your own homemade version of that, getting that electrolyte balance into our body is crucial. You're going to be pumping fluids out, And you can get really scientific with this and weigh yourself before and after an event like some of these higher level athletes do. But I don't think that we have to be at that level. But do replenish your fluids. Be drinking water. Get some sort of electrolyte back into that system. And I think these are going to be two really crucial things in terms of adjusting fluids that are important there. Some of these sports drinks, just read the back. Get smart with these guys. Like read the back of some of these labels and you'll realize that you could make yourself a way better balanced electrolyte style drink than the marketed ones that have virtually nothing inside of them. So get online. figure out how you could dose in some table salt with some other electrolytes and just make something that is gonna help you retain fluids, especially if you're doing this in a hot, humid environment where you know you're gonna be sweating a lot. And then I think the other thing in between events is don't just sit and do absolutely nothing. Take some time, five, 10, 15, 20 minutes at the most to recover and chill, but as you're leading up into that hour before your next event, try to move. walk around, hop on a bike if they have one. This is where I will actually, in some circumstances, support things, simple things like massage guns. There is some anecdotal and potentially actual structural evidence that would say that the vibration and impulse is a good way to just kind of prep that nervous system and keep those tissues a little bit more aware of what they're about to be doing. I'm game for it. Whatever you gotta do to stay agile and feeling like you're at your best is what we need to be focusing on there. So day of, stick to your game plan, proper nutrition, including carbs and protein predominantly, and then electrolytes is big as well, fluids and electrolytes, and then find some way to keep that body moving in between events that you're not stiff, stagnant, going in. The ability to warm up, keep your heart rate at a good level, and then hit a fast 100% effort event is crucial to success. We don't wanna be going in cold. Even if you're feeling a little tired, you gotta find a way to keep that heart rate moving. 14:17 TAKING REST AFTER COMPETITION All right, final thing is our final prep, I should say follow-up week, the week after your event. So you've done your week before, you've completed your event, congratulations. Sunday, Monday, Tuesday, leading into the next week, what do we do? Be okay, I'm gonna say this again, be okay taking more than one day of rest. I have an event coming up this weekend that has for sure three main events that all are at least 18 to 20 plus minutes in domain plus five like mini events. And then if you are lucky and fortunate enough to earn your right into the championship event, that would be four main events. So four main events plus five mini events. I don't train for that. Nope, not many novice athletes do. Elite athletes, yes, they are prepping with four to six hours of training on average per day in a week. We don't do that. Not many of us are doing that. So if we are going to go out and sell our soul in this event on a weekend, be okay taking Sunday, Monday, and maybe Tuesday and doing little to no major physical activity. It doesn't mean you have to be a couch potato. Maybe you are again going for hikes, walks, little bike rides, whatever it might be. Find some enjoyable sport that you like, like golf to get out and just stay active. I'm not asking you to be lazy, but I'm asking you to respect the amount of volume that goes into some of these CrossFit events. I see a lot of people who go and smash it on Saturday and then are at the gym on Sunday working out or Monday doing a, you know, high level, uh, online programming that is consisting of two plus hours of training. to each their own at the end of the day, but it's okay, I'm giving you permission to let your body recover. At the end of the day, for me, I'm reminding myself that this is not about today and tomorrow, this is about 20, 30, and 40 years from now. I am building my fitness to be a better, older adult. So be okay taking some time off. Use the next week to just sort of assess the body. Did anything tweak? Are you sore? Are you stiff? Focus on those areas. This is where getting your clients maybe back into your clinic that following week and just prepare for that. Say, hey Johnny, I know you got an event coming up on Saturday. Why don't we make sure that we have a day to meet on that following week just so we can talk about how it went and be sure that we're doing some good recovery things and I can help you better game plan that following week as well if I can see you early on that week. So take time to assess the body. And I would suggest again, similar to the week before, keeping loads in that 75, 80% or lower before we get back on track with your normal training. Just allow again that nervous system to recover and do what it needs to do, so. Hopefully that was helpful, guys. Again, either for yourself or for clients that you're having, but I love the fact that people are dedicating themselves to fitness and that they're willing to put their body, their soul, their personalities, their mentalities, their identities on the line and go sell it on a weekend or online competition. We are training for a purpose. We have short-term goals. We can go test those out. We have long-term goals. All this is leading to that direction. So preparing yourself for that competition is really important. Executing on the day of is really important and making sure you give yourself time to recover afterwards is also important. Hopefully it's helpful. If you have any questions, comment on the videos. Otherwise, take a look online and see if you have any interest in getting into our CMFA live courses coming up across the country. They are filling up. So let's get on those and enjoy the end of our year together. I will talk to you later. Have a great weekend. 17:46 OUTRO Hey, thanks for tuning in to the PT on Ice daily show. If you enjoyed this content, head on over to iTunes and leave us a review and be sure to check us out on Facebook and Instagram at the Institute of Clinical Excellence. If you're interested in getting plugged into more ice content on a weekly basis while earning CEUs from home, check out our virtual ice online mentorship program at ptonice.com. While you're there, sign up for our Hump Day Hustling newsletter for a free email every Wednesday morning with our top five research articles and social media posts that we think are worth reading. Head over to ptonice.com and scroll to the bottom of the page to sign up.
In this episode of This Week Explained, Tiana and Kervin discuss the ongoing Russia-Ukraine conflict and Poland's decision to prioritize domestic issues. They delve into the recent conflict between Azerbaijan and Armenia, which quickly reached a peace deal, and explore the implications of the situation. The hosts also touch on recent coups in African nations and the potential breakaway of three countries from the ECOWAS. Finally, they tackle the escalating tensions between China and Taiwan, with China sending a record number of planes towards the island this year. Tune in for insightful analysis on these major global events.----------------------Get your discount on a brand new BlendJet2 by going to our link: https://zen.ai/analytics12subscribe and follow us: https://linktr.ee/AucoinAnalyticsMilitary Influencers Conference: https://militaryinfluencer.com/---------------------Disclaimer:The views and opinions expressed on the podcast 'This Week Explained' are those of the hosts and guests and do not necessarily reflect the official policy or position of any organization or entity. The information provided on the podcast is for general informational purposes only and should not be considered professional advice or a substitute for independent research and analysis. Each individual listener should research and identify their own opinions based on facts and logic before making any decisions based on the information provided on the podcast. The podcast hosts and guests are not responsible for any actions taken by individuals based on the information provided on the podcast.
In this episode, we delve into a critical phase of the PDCA process: the "Go Live" step.We will shed light on the transformative potential of the "Go Live" phase in the PDCA process. From discovering errors to embracing change and creating impactful communication.Additionally, we'll navigate the process of transitioning to a new approach and addressing strategic facets of "Go Live." A central question emerges: How should you approach a "Go Live" announcement?"Go Live" encompasses more than just processes; it signifies the celebration of progress and offers a glimpse into an auspicious future. Tune in!TIME STAMPS[4:00] Executing 'Go Live'[6:41] Strategies for successful 'go live': effective communication with your team[9:30] Crafting a positive 'go live' message: embracing change and future prospects‘RESOURCESGrab our worksheet today at https://hilarycorna.com/process-worksheet-download/ and start making progress!Download the PDCA Process here: https://hilarycorna.com/pdca/
Trevor Lawrence And The Jaguars Offense Were Pressing, Not Executing Sunday, and HC Doug Pederson said as much Monday as he met the media. It seems the team will focus on execution and maybe a little simplification of the scheme from a blocking stand point if I heard coach correctly. Whatever it takes, the fans are eager to see it. Support Us By Supporting Our Sponsors! Jase Medical Save more than $360 by getting these lifesaving antibiotics with Jase Medical plus an additional $20 off by using code LOCKEDON at checkout on jasemedical.com. birddogs Go to birddogs.com/LOCKEDONNFL or enter promo code LOCKEDONNFL for a water bottle with any order. You won't want to take your birddogs off we promise you. PrizePicks Go to PrizePicks.com/lockedonnfl and use code lockedonnfl for a first deposit match up to $100! Gametime Download the Gametime app, create an account, and use code LOCKEDONNFL for $20 off your first purchase. Last minute tickets. Lowest Price. Guaranteed. eBay Motors For parts that fit, head to eBay Motors and look for the green check. Stay in the game with eBay Guaranteed Fit. eBay Motors dot com. Let's ride. eBay Guaranteed Fit only available to US customers. Eligible items only. Exclusions apply. LinkedIn LinkedIn Jobs helps you find the qualified candidates you want to talk to, faster. Post your job for free at LinkedIn.com/LOCKEDONNFL. Terms and conditions apply. FanDuel Make Every Moment More. Right now, NEW customers can bet FIVE DOLLARS and get TWO HUNDRED in BONUS BETS – GUARANTEED. Visit FanDuel.com/LOCKEDON to get started. FANDUEL DISCLAIMER: 21+ in select states. First online real money wager only. Bonus issued as nonwithdrawable free bets that expires in 14 days. Restrictions apply. See terms at sportsbook.fanduel.com. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, MD, MI, NJ, PA, IL, VA, WV), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 (WY, KS) or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), 1-877-8-HOPENY or text HOPENY (467369) (NY), TN REDLINE 1-800-889-9789 (TN) Learn more about your ad choices. Visit podcastchoices.com/adchoices
Stewart Battersby, CFO of Firefly Health, a virtual, advanced primary care provider, chats with associate content manager Amanda Norris on the strategies it has implemented to improve financial outcomes and drive growth in a 100% virtual environment.
www.run4prs.com We always hear about time goals. I want to break 4 hours in the marathon. I think I can run X pace for this race… but what about non-time based goals? Are there other ways to set goals for your races? Is there a benefit to setting non-time based goals? Time goals are great for figuring out about what pace you want to run for the race, but what if you have a rocky day. You don't want to feel like a failure if you don't hit an arbitrary time goal. YOU PUT IN SO MUCH WORK & already are a big winner! The training is the hardest part of things. You committed to something and worked hard to get there. Race day is a hard day but it is a cherry on top of the training cycle. What did NOT go well! How you want to feel the second half of the race Executing your mental game Finishing is an accomplishment Setting A, B, C, D goals Looking at race history: Happiest race? Slowest race? Funnest race? Most carefree? Most dogs counted?
Welcome to Champions for Life online sermon player. We pray that each message will bless you by teaching you how to walk in love, live by faith and experience God's prosperity in every area of life. We know faith comes by hearing and hearing by the Word
Welcome to Champions for Life online sermon player. We pray that each message will bless you by teaching you how to walk in love, live by faith and experience God's prosperity in every area of life. We know faith comes by hearing and hearing by the Word
Insurrection and disqualification... how do these things work? Tune in today to hear more. Topic: Politics The Public Square® with host Dave Zanotti thepublicsquare.com Air Date: Wednesday, September 13, 2023
Our miniseries on triathlon continues with Sports Dietitian Natalie Robertello, MS, RD, CSSD, CDN of BeFueled Sports Nutrition to educate us on the FOUNDATIONS of fueling for multisport events, i.e. triathlon! The basics of multisport fueling How do your daily nutrition needs change as training volume increases? Understanding your hydration needs Planning your multisport nutrition plan Sport fuel vs. "whole" food fueling Liquid carbs: how and when? 60-90 g/hr vs 90+ g/hr in training and racing Having a plan vs EXECUTING the plan! Being a data-driven athlete: the role of continuous glucose monitors for performance and more!
Today's guest is Adam Zach. Adam retired from the Civil Engineering profession at age 32 through real estate investing. He is a family man with a business, not a businessman with a family. Show summary: In this podcast episode, host Sam interviews retired civil engineer Adam Zack, who achieved financial independence through real estate investing. Adam shares his strategy of buying rental properties in up-and-coming markets and emphasizes the benefits of being a tenant buyer. He discusses his approach to underwriting potential buyers based on their credit score and background, and explains how he pairs investors with properties that meet their desired return criteria. They also discuss the challenges of securing loans and verifying down payments, as well as the potential market size for this investment strategy. Adam reveals their recent launch of a fund to streamline their real estate purchases. -------------------------------------------------------------- Intro [00:00:00] The Marshmallow Test [00:01:49] Formulating the Plan and Executing [00:03:12] Finding the Person First, Property Second [00:06:53] The option to buy structure [00:08:25] Complications and sourcing funds [00:09:17] Market potential and disqualifying criteria [00:10:51] The challenges of real estate transactions [00:18:05] Launching a real estate fund [00:20:26] Current challenges in the real estate market [00:21:15] -------------------------------------------------------------- Connect with Adam: Linkedin: https://www.linkedin.com/in/adam-zach-pe-0000303b/ Facebook: https://www.facebook.com/ChessChief Connect with Sam: I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns. Facebook: https://www.facebook.com/HowtoscaleCRE/ LinkedIn: https://www.linkedin.com/in/samwilsonhowtoscalecre/ Email me → email@example.com SUBSCRIBE and LEAVE A RATING. Listen to How To Scale Commercial Real Estate Investing with Sam Wilson Apple Podcasts: https://podcasts.apple.com/us/podcast/how-to-scale-commercial-real-estate/id1539979234 Spotify: https://open.spotify.com/show/4m0NWYzSvznEIjRBFtCgEL?si=e10d8e039b99475f -------------------------------------------------------------- Want to read the full show notes of the episode? Check it out below: Adam Zach (00:00:00) - As a tenant buyer, it's actually great to buy an up and coming markets that could drop because you just have the option but not the obligation to buy. And so at the same time, that's why we're setting this up, not so much as like, hey, test drive it, it's, hey, this is your house. And if something were to go wrong, we give them three years, they get an option to extend for a year. Plus we give them the option of like, Hey, if something really goes wrong, we'll just sell the home. And if there's whatever equity is generally left, you can take part of your deposit back. Just like if you bought a house now and sold it six months later, you're going to lose money just 6% to agent fees, whatever it is. And so we're trying to set it up as much for success across the board. Welcome to the How to Scale commercial real Estate show. Whether you are an active or passive investor, we'll teach you how to scale your real estate investing business into something big. Sam Wilson (00:00:50) - Adam. Zack is retired from the civil engineering profession at the age of 32. He did that through real estate investing, as he claims. He is a family man with a business, not a business man with a family. Adam, welcome to the show. Adam Zach (00:01:03) - Thank you, Sam. Good to be here. Sam Wilson (00:01:05) - Absolutely. The pleasure is mine. Adam There are three questions I ask every guest who comes on the show in 90s or less. Can you tell me where did you start? Where are you now and how did you get there? Adam Zach (00:01:14) - Little town of Dickinson, North Dakota, population 17,000, went to civil engineering school. One of six found my sweetheart in college. We got married. We now have three kids. Five, three and one. Got into real estate just as I graduated engineering and realized that the marshmallow test was the key to success, that if I can just wait and not eat that one marshmallow today, I can have two later. Sam Wilson (00:01:40) - Fantastic. I would venture to say that many of our listeners have no idea what you're talking about. Sam Wilson (00:01:46) - I do know what you're talking about. Tell us about the marshmallow test. Adam Zach (00:01:49) - So they did this experiment. It was kind of cruel with kids, but like it was a great indicator of success in life or being able to get what you want because success has a funny success in my mind, is just getting from point A to point B if you want to get there, point A to point B could be I could lose £1, £10, I could get whatever I want. So in general, they set these kids in a room and they said, Hey, you can have this one marshmallow now and you can just eat it or you can go play with those toys. And if you wait, I think it was like 30 minutes, I'll give you two marshmallows later. And the kids that were able to be like, You know what, I'm going for the two marshmallows. Like, I'm going to do it. Like these kids that were, you know, less than ten years old that they were able to have some sort of self-control. Adam Zach (00:02:27) - They tracked them over a period of like 30 or 40 years and found out that they were much happier and successful in their careers. Sam Wilson (00:02:33) - Right? Right. Yeah, absolutely. So you graduate engineering school and then you get into real estate. One thing I know because I am not an engineer, I need engineers in my life because you exhibit this trait, which is that you will research, research or research plan and then execute. And having had and currently have friends who are engineers getting to the point where they're like, okay, now we're ready to do it takes a considerably long amount of time. It sounds like you were able to formulate the plan and execute, which a lot of people struggle with in a in a relatively short period of time. How did you do that, especially coming directly out of college? Adam Zach (00:03:12) - The tipping point was asymmetric reward to risk at a 2 to 1 ratio. So Daniel Kahneman does this great test, like you flip a coin. It's heads. I'll give you 50 bucks. If it's tails, you give me 50 bucks. Adam Zach (00:03:25) - Most people won't do it. Like I don't want 5050 because they fear losing two times as much as they gain winning. So the tipping point is, I'm going to flip a coin. You win $100 or you lose 50, then that's like when the tipping point is like, Oh yeah, I'll do that. Right? Like, sure, if I do it enough time, if I'm going to do that enough time, I'm going to win. Right? But if it's like it's just one time, some people like you have to get to that comfort zone. So for me, it was, okay, what's the upside and is it more than a 1 to 1 ratio? Because otherwise my brain cannot compute, right? It's like, here's the reward. I'm betting a dollar. I could lose a dollar. Like I'm just playing blackjack and it's like there's too many and there's so many variables that I can't control. So in my mind it was, how do I make it a 2 to 1? Because I have to get beyond that first for my own reptile brain. Adam Zach (00:04:12) - And once I do that, I'm like, Let's just do this enough and eventually I'm gonna win, right? Sam Wilson (00:04:18) - Oh, that's really cool. Let's dig into that. And I love My mind immediately actually went to Blackjack. You said that. I'm like, Yeah, I think, you know, I'm not mistaken that the casino's edge in the game of blackjack, it's only like 3/10 of a percent. It's not 1%. Maybe it's a half a percent. Whatever it is, it's. It's really small. So, I mean, the casino does have the edge, whatever that is. 50 point call it, 50.5% to your 49.5. And the game still gets played. But you found a way to have that return of 2 to 1 on the okay, I win, I make 100, I lose, I lose 50. What was it? Adam Zach (00:04:57) - So for that it was specifically, how can I. Heads. I win, tails I break even. Right? And it was okay, if I win, it's going to be this. Adam Zach (00:05:07) - And if I don't, it's like, okay, over the long term, I'm going to generally not lose money. It's not I have to get 8%. It's not that I have to beat the S&P. It's just like, okay, over a period of five years, if I do this, the worst thing that's going to happen is I got a $10,000 education that I should have put. I could have put my money in at 8% and maybe would have grown to $12,000, which is like, you know, do. But if I win, you know, that now turns into a rental that I get a block that then fuels everything else. And so it was looking at that ratio of like, okay, if I do this right in general, and of course you can always go, you know, it could be worse, right? I could have not had insurance and the whole house could have fall down. But it's like, okay, give give some sort of like 95 degree level of confidence, right? So like that's where it gets a little bit tricky. Adam Zach (00:05:54) - But like that's how my engineer brain was like, okay, well, the worst of the worst of the worst is like, as long as I have insurance and as long as something else, like in general, if you hold real estate long enough, like it generally works. So like for my first deal, it was like, just try not to lose money and if I happen to be right, I'm going to probably learn something and win. Sam Wilson (00:06:11) - Got it. I love that. So you began in Single Family, is that right? Adam Zach (00:06:16) - That's right. And that's what I grew most of the portfolio. It's crazy. It just a single base hit at a time, right? That was it. Just one one after another through 50 homes. Sam Wilson (00:06:25) - 50 homes. You have 50 rental properties currently, correct? Adam Zach (00:06:29) - In 13 different states. Sam Wilson (00:06:31) - Wow. Okay. 50 rental. That's that. That's a twist. I did not expect 50 rental properties, 13 different states. What was the strategy in getting outside of You're in North Dakota, right? You got it right. Sam Wilson (00:06:49) - What was the strategy or the intention behind, hey, we're going to we're going to go outside of North Dakota. Adam Zach (00:06:53) - So besides just taking the action, getting in the game, we went through like pivot one, pivot two, pivot three of like, oh, this business model is better. Okay, now this one's better. Okay? It's fixing flips. No, it's the burn. No, it's wholesaling. No, it's commercial. No. And it was like, okay, in general, we just like, okay, what do you not like about what you're currently doing? Solve that problem? And so what we currently ended up with with, okay, let's find the person first and the property second, which means we find someone who 1 to 3 years away from a mortgage, they apply to us. We preapproved them like a bank. We go buy the home and sell it to them on a rent with an option to buy. So we don't find any properties. We don't look at properties, We still get the inspection and still get the appraisal. Adam Zach (00:07:30) - But now we find the people, the people go shopping with an agent and then we buy the home for them. Sam Wilson (00:07:36) - So I'm sorry, I'm a slow learner. Rewind that strategy again. Adam Zach (00:07:42) - So. So this scenario, Adam cannot get into a house because I recently left my civil engineering job and on paper I make negative money. So the bank says, Hey, turns out your debt to income ratio is out of whack. Like, I can't buy you an owner occupied home, but you can go get a loan all day, right? So I can buy a non owner occupied. But if I want a primary residence, the bank does not like Adam in my current position. Wealthy, but debt to income doesn't work. So I go, Hey Sam, if I put 20% down on a new build here in Fargo, so a $400,000 house, would you go get a loan for 320,000? You don't put any money up. Whatever your whatever your pity is, I'll pay you that plus $500 a month. Adam Zach (00:08:25) - Just give me the option to buy it back at $430,000 any time in the next 18 months. And you'd say, well, what's your credit score? What's your background? What's like? And so then we we basically underwrite people like I'm a registered loan originator. I'm also an investor. And so we underwrite people to that criteria. I'm like, okay, you're risky, you're 20% down, you're not risky, you're 5% down. And then we're basically pairing of what we want from a return, just almost like we're privatizing the mortgage industry. But instead of doing a first position loan, Sam, as the investor taking title, you get to depreciate it. It's a rent with an option to buy. So it's more favorable to you as the investor when you're buying the home, selling it on an option to buy because the option fee doesn't get taxed right away. It's not like deferred capital gains. You can still 1031 into something. And so that's the structure that really hit the turbo button for us. Sam Wilson (00:09:16) - Wow. Sam Wilson (00:09:17) - I mean, forgive me, but that sounds that sounds complicated because you got to write borrower, you got to find the right property. You've got to find the right bank. Let's assume I'm the lender. I'm the I'm the one in this case putting up the $320,000 loan. Does it get complicated? If you are the lease option tenant, I'll call it that. Does it get complicated with you bringing the down payment and me securing the loan in the bank comes to me and says, Hey, Sam, where'd that 80 grand come from? Adam Zach (00:09:51) - If you're putting it in your own personal name, 100%, because they got to source all the funds, right? If you're getting a commercial loan or typically a DSR, they they I guess sometimes it's, hey, I need a show proof of funds, but I'm putting my 80 grand towards the title company you're bringing. If you have let's say we're doing ten and ten, then you would send it to the title company. So in theory you just have to show the proof of funds. Adam Zach (00:10:18) - But the title company is the one receiving all the funds, so they're receiving my non-refundable 80 grand of option fee. And then the day and the day you close the take title, sign the mortgage, do the personal guarantee, whatever it is, we're executing the lease with the option to buy. So you you actually don't typically we don't touch the keys. They just hand the keys over. Sam Wilson (00:10:35) - Sure. Right. Yeah. Ideally. Ideally, that's the that's the strategy. That's really, really intriguing. How many potential, um, people are there that fit this criteria such that you can make a scalable business out of it? Adam Zach (00:10:51) - So roughly 1 in 10 Americans get denied a mortgage, which is, which is excess of 2 million people every year. There is 140,000 people searching rent to own into Google every month. Wow. And so all we did was tapped into that market disqualify the individuals that can only put 1% down because like there's different like there's larger companies divvy homes, Home Partners of America, this is their entire business model, but they don't offer it up to other investors. Adam Zach (00:11:23) - They say they say test drive the home, put 1% down, rent it with the option to buy. And that's that's also a great scalable market. But they only pick great properties and great locations. And for us, since we're tenant led, we just said, Oh, you're picking a property and nowhere in North Dakota you're probably going to need 20 to 30% down because I don't want to come to that property. I don't want this property back, right? And so all it is, is just like a balanced, almost like risk to reward of like, okay, if they default, if Adam defaults, I'm keeping his 80 grand and then I'm selling the property, I have to evict him. It's not a foreclosure because it's a lease with an option to buy. So instead of being a six month foreclosure, it's a 30 to 45 day eviction. And it's just kind of helps protect that. And then the icing on the cake is if you do a rent with an option to buy, there's rent guarantee insurance that you can apply that I didn't even know existed. Adam Zach (00:12:15) - The guarantors leap easy and then Single key, which is in Canada coming to the United States, you can literally apply coverage like the banks do with private mortgage insurance on renters. And so if they default, you keep their option money. You have this insurance policy which is basically like you're, Oh shit, something went wrong because they're potentially higher risk because they don't fit the bank. And so we've just been layering that on to now try to find this balance of what does it look like, What is it, what is an investor want from a return? How much skin do they want in the game from the tenant buyer? And it's like almost going into underwriting like 101. It's just like, okay, well, what does Sam want? Does he want cash flow? Does he want appreciation? Does he want a nice home? Does he want a nice location? Okay. Does one all those. Okay then based on that, what's the demand for people in Indianapolis that would want Sam to buy him a home? And then we just play matchmaker? Sam Wilson (00:13:02) - Interesting. Sam Wilson (00:13:03) - Okay, so let's just run the numbers here. You've got a house. This is hypothetical, but you got a house for 400 grand. They put you know, again, it's you and me doing this deal. Adam puts 80 grand down as the down payment. Is there an option? Fee in addition to that? Adam Zach (00:13:20) - No. So I'm interchanging it. It's technically an option fee, but generally no. Like security deposit. Right? It's the option fee, which you can call it a down payment, but it's technically an option fee in an option agreement. Sam Wilson (00:13:33) - Right. So, okay, that's your you're calling the 80 grand the option fee. Totally. Fine. Understood. And I'm sure there's some reasons legally for that which we won't get into the nuances of. I'm sure our listeners can just make their own conclusions from that. And then you say, all right, you know, congratulations, your $400,000 home is going to cost you whatever it is. I don't know. What would that be, $2,200 a month, maybe 2400 bucks a month in today's rates. Sam Wilson (00:14:00) - Plus you'll be 500 bucks a month on top. So the investor collects the six grand a year. And then if you add them exercise in the next 18 months, you'll owe me an extra 30 grand on top of that. But the only way they're going to exercise is if they are able to then in 18 months go out and get a refinance. Adam Zach (00:14:20) - You got it. Sam Wilson (00:14:23) - What are the statistics around the people that are able to substantially turn around their lives in such a way that they actually get that refi done? Adam Zach (00:14:29) - Terrible. Which is why. Three things. Number one, we created a podcast dedicated to those 1 in 10 people denied a bank loan because in general, people do this all the time. Hey, give me ten grand, move in. You can get financing in a year, right? Yeah, sure. I can take the money, rinse and repeat, and it's like the greatest ROI you'll ever get, right? Ten grand plus rent and do that every year. It's like just juicing the ROI. Adam Zach (00:14:54) - So it's like number one, stop it. Okay, then number two, becoming a registered mortgage loan originator. I'm still not a great loan originator, but understanding. Okay, what does it actually take to become qualified with a bank? And then number three, setting them up for success so that they can do it. So whether it's a credit repair, whether it's reporting the rent credits, whether they're being a co-borrower on something, it's seeing them through. And so at the time of this, we have like we have an 80% buyback rate, which is staggeringly higher than like the national average of what don't know if there is like an authority, but I've heard like 5 or 10%. But it's usually because you're only putting 1 or 2% down because all buy a home right now in Florida with 1% down. If I can lock in a price because I'm playing the appreciation game, I would love to do that as what I call a tenant buyer. As an investor, I don't want to do that because I want the upside without the downside protection. Adam Zach (00:15:44) - So like as a tenant buyer, it's actually great to buy an up and coming markets that could drop because you just have the option but not the obligation to buy. And so at the same time, that's why we're setting this up. Not so much is like, hey, test drive it, it's Hey, this is your house. And if something were to go wrong, we give them three years. They get an option to extend for a year. Plus we give them the option of like, Hey, if something really goes wrong, we'll just sell the home. And if there's whatever equity is generally left, you can take part of your deposit back. Just like if you bought a house now and sold it six months later, you're going to lose money just 6% to agent fees, whatever it is. And so we're trying to set it up as much for success across the board, right? Sam Wilson (00:16:23) - I mean, and again, 80 grand is no small amount of money. And so for the person that has 80 grand in savings to plunk down on a $400,000 house, um, you know, you'd hope they could figure it out. Sam Wilson (00:16:36) - But it sounds like you're doing you're taking a different approach to this business because, yes, there are the people in the in the capacity to wash, rinse, repeat and really juicy returns. But it doesn't really do anything for the people that live there. It doesn't do anything other than really just pad your pocketbook. I'm not going to say it's wrong, but I'm going to say that, you know, maybe there's better ways of doing stuff. It sounds like you're really making sure. And you said 80% of your buyers end up exercising. That's really, really strong, right? Adam Zach (00:17:05) - Right now it's really strong. I, I see some ways that that might get generally lower, but as of the recording of this, it's 80%. Sam Wilson (00:17:12) - That's awesome. And that's cool. I mean, and that's good. That's good for two people. It's good for the tenant buyer and it's also good for the investor. I mean, because then they collect their their upside and then the tenant buyer, of course, ends up with the with the house. Sam Wilson (00:17:27) - But you're going through the steps that probably a lot of landlords, business owners aren't going to go through in order to make sure that people then exercise. I think I've only done. Oh, no, I've done three. Three deals like this. But I too, like you like I went to a lot of effort to see to it that they got these across the finish line. How do you handle that side of things? I mean, you said you're a family man with a business, not a business man with the family. 50 of these houses, you've got investors, you've got properties, you've got builders, you've got all of these. There's a lot of moving parts there. How do you manage all that? Adam Zach (00:18:05) - So luckily, I have an awesome business partner and a team. And so we've found kind of our own skill sets where we have someone in call it tenant relations, and I'm more in sales and marketing playing with Google ads and Facebook ads and trying to make sure that our website explains things to the tenant buyer is putting out content, trying to help them. Adam Zach (00:18:21) - And so once once you get through the closing, it's it's relatively more easy because they have a monthly payment and they're just trying to get mortgage ready like that, but like getting to the finish line, like just in general, buying a house is complicated. Okay. Add in the fact that our agents are showing someone that we're not even there and we're, you know, potentially assigning this to an investor and they're understanding like, okay, what does this actually mean? And if one person, whether it's the insurance, the title company, the buyer, the seller, the agent, us, the tenant buyer, like if someone falls through, it's like, okay, then the whole thing comes down just like in any other normal transaction. So it's like, okay, being the transaction coordinator and holding everyone's hands and making sure that we have the contracts to hold everyone to it, getting earnest money from either investors or the tenant buyers to make sure that they have skin in the game just to make sure things don't fall through the crack. Adam Zach (00:19:11) - And then if worst case comes. To it. We just buy it all cash and just save the deal if something were to fall out. So we have a little bit of options because we don't want to have a bad reputation out there of like, Hey, we can't close on homes. But in general, you know, that's the piece. And then it's like, okay, normally what people need to work on is their credit or it's paying down debt. Rare is the time where they're just waiting for two years to get like their tax returns. But, you know, that does happen. And so it's okay. How do we increase the likelihood of them buying it back, which, you know, wasn't our primary focus. Our number one was like, okay, how do we use this to quit our day job? I'll be honest, Like it wasn't very altruistic to start off. I was like, How do I make more money? And it was like, Oh, it turns out Chris Krohn on YouTube is like, Oh, I'm preaching about least options. Adam Zach (00:19:52) - And then when he patented Joe McCullen, it took these courses and I was trying to sandwich lease options, but it was really hard to find motivated sellers. But why don't I just find a motivated. You know, home shopper. And so I found that. So we're not buying it great, but we're selling it well. You know, if you can buy it at a discount plus sell it on a lease option, well then you got both. We just found a model where we're purchasing properties right now off the MLS and cash flowing them all day, every day. Sam Wilson (00:20:18) - Wow, that's wild. I love it. I love it. Now, you've launched a fund here recently. What? Tell us about that. Adam Zach (00:20:26) - So we kept trying to do these one off deals, right? Like, we'll find the person, we'll do all this. And we said, All right, let's just get two of us together. We'll put a bunch of money in there, We'll look at the bank and the bank's like, Oh yeah, cool. Adam Zach (00:20:35) - You guys are good for like $5 million. Okay, let's just go buy. So any now we know that the next 30 homes we're just gonna buy like, no questions asked. The banks on board. We got the investors, we already got all the capital. So we just did a, you know, a pretty standard fund, put that together, got some limited partners in there. And then we're going to see how that works by 20 to 30 homes, see what the returns are, see what the splits are, and then just either do that every year or keep it as an ongoing, ongoing thing where we just keep buying more properties with the fund and keep distributing it. But right now it has a sunset of, hey, we're just going to buy 20 homes and then we're going to go do it again, Right? Sam Wilson (00:21:08) - That's that's really, really cool. What are some bottlenecks or complications in your business right now that you presently have not solved. Adam Zach (00:21:15) - Interest rates doubling over a year? And so in general, last year it was hotter than a pistol where everybody wanted to go through. Adam Zach (00:21:24) - And it turns out the demand is still here. But just like everyone in 2023, when interest rates are at 7% every. So we have this list of I'm going to call it pre-approved home shoppers that are like 50 to 100 people that are just like, well, I'm not sure if I want to do it right. And there's but that's America in general, right? Low inventory. Nobody wants to give up their 3% rate like, but everyone's pre-approved. They could get a home and everyone's like, well, I don't want to overpay. It's still generally like a seller's market from what we're seeing in different places, even though the highs, you know, have come down. But like it's still like homes are still going like 1 to 3 days. So in general, it's like everything got more expensive. Well, when that happens, things generally slow down in general. But what we've seen is we've got this huge demand built up, but not as many contractual offers. So the top of the funnel from us is still rocking where we get 1000 to 2000 people every week to our website. Adam Zach (00:22:13) - We get, you know, ten people applying with us and, you know, every week. So we got like 2 or 3 new home shoppers every week. And it's just a matter of, okay, do they want to move forward with this or not? And then we'll get people that came came to us from last year like, Hey, can I still get that? Uh, nope. That's not it's not it's not the same, you know, 4.5% interest rate. Sam Wilson (00:22:32) - No, no, it's not. And that's. Yeah, man. Very interesting. Adam, I've really enjoyed having you on the show today. I love what you guys are doing. The strategy, I understand lease options and lease to own very, very well, but I've never seen it employed quite the way that you're doing it. So this is very, very fascinating love. I love what you're doing and I also love the way you are getting people into homes and helping them get across that finish line and actually make it to homeownership in the end. Sam Wilson (00:23:02) - I think that's that's a really cool, unique strategy that you're employing there. If our listeners want to get in touch with you or learn more about you, what is the best way to do that? Adam Zach (00:23:11) - If they want to learn more about me, you could just follow me on Facebook. If you just search Adam Zach Or if they want to learn more about this strategy, it's home equity partner slash investors home. Sam Wilson (00:23:21) - Equity partner.com/investors and Adam, I butchered your last name there in the beginning. Adam Zach (00:23:26) - It's just very German. It's like Baquba with a Z. Sam Wilson (00:23:30) - With a Z. Yeah. And I'd definitely made it. Adam. Zach. So, Adam. Zach Got it. Adam Forgive me for that. I've enjoyed having you on the show today. Thank you so much for coming on and have a great rest of your day. Adam Zach (00:23:41) - This is a pleasure. Thank you very much. Thanks for the great questions. Sam Wilson (00:23:44) - Hey, thanks for listening to the How to Scale Commercial Real Estate podcast. If you can do me a favor and subscribe and leave us a review on Apple Podcasts, Spotify, Google Podcasts, whatever platform it is you use to listen. Sam Wilson (00:23:57) - If you can do that for us, that would be a fantastic help to the show. It helps us both attract new listeners as well as rank higher on those directories. So appreciate you listening. Thanks so much and hope to catch you on the next episode.