Podcasts about Margin

Margin pressure, driven by a widening profitability gap among MSPs, is the primary structural shift highlighted in this discussion. According to Dave Cava, industry data shows that over half of MSPs operate at less than 5% profitability, while around 27% are running at a loss. Larger and better-funded MSPs are leveraging resources to accelerate adoption of new technologies such as AI, increasing competitive risk for smaller providers that lack operational maturity and financial resilience.The discussion identified concrete data on workforce dynamics and hiring models as significant, with PeopleSharp internal figures revealing a 30-day gap between presenting a hiring candidate and accepted offers, attributed to process inefficiency on the MSP side. Additionally, Dave Cava referenced market research (Saya) showing a jump from 9% to 16% of MSPs struggling to find qualified technicians, despite a labor market some perceive as soft. This further intensifies pressure on mid-sized and smaller MSPs with limited recruiting power, especially as staffing expectations and willingness to work on-site have been drastically altered post-COVID.Secondary developments include the evolving structure of technical teams and career ladders. Traditional L1-to-L3 progression is under scrutiny as automation and AI begin to erode the volume of entry-level roles. While the shift is gradual, Dave Cava noted that "talent factories," or MSPs able to internally develop staff, are increasingly necessary. Process and operational maturity, not early AI adoption alone, are indicated as pre-requisites for sustainable growth, as merely adding new technology does not solve the underlying margin or process challenges.For MSPs and IT leaders, these dynamics translate to concrete operational risks: underestimating cost structure, slow hiring processes, and reliance on commoditized pricing expose businesses to margin erosion and slow response to market shifts. Building robust, value-based pricing strategies, investing in internal talent development, and streamlining hiring and onboarding are positioned as necessary—but not sufficient—conditions for survival. Rapid AI adoption without foundational process discipline creates more risk than opportunity in the current market landscape.Supported by:ProofpointHaloPSA

Ben Criddle talks BYU sports every weekday from 2 to 6 pm.Today's Host: Ben Criddle (@criddlebenjamin) and Co-Hosts: Ronald Weaver III (@ronthe3manweav), Brett Hammer (@bhammertimeshow)Subscribe to the Cougar Sports with Ben Criddle podcast:Apple Podcasts: https://itunes.apple.com/us/podcast/cougar-sports-with-ben-criddle/id99676

On the #amwriting podcast's Margin Notes, host Jennie Nash talks with Dr. Diana Hill, author of Wise Effort, about how writers handle mishaps and self-talk when juggling book-related obligations. Hill describes accidentally booking two plane tickets to a Washington, DC conference, prompting a discussion about shifting the story from “I'm disorganized” to one of abundance and opportunity. Hill introduces Buddhism's “wise speech” filters—helpful, kind, timely, and true—and distinguishes guilt (which motivates clean-up and repair) from shame (which labels the self as bad and can paralyze writers). They share examples of painful feedback and feelings of insignificance, discuss the “worldly winds” (fame/insignificance, pleasure/pain, blame/disrepute, gain/loss), and conclude that choosing to “pay the price” of a busy, opportunity-seizing life can be healthier than spiraling into blame or defensiveness.#AmWriting is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.TranscriptJennie: [00:00:00] Hi, I'm Jennie Nash, and you're listening to the #amwriting podcast, the place where we help writers of all kinds play big in your writing life, love the process, and stick with it long enough to finish what matters most. This is Margin Notes, the place in the podcast where we talk about the big decisions writers face in their work or creative lives.Jennie: And I'm here again with Dr. Diana Hill, author of Wise Effort, and we're gonna talk about a really interesting reality that you and I have both noticed, Diana, which is that when you're out there in the world with your book as a writer and you're juggling all the things, you're ... You have interviews, you're putting, you know, inquiries out, you're showing up for conferences or workshops or events or things, and sometimes things don't always go the way that you planned.Jennie: So today you have a little experience [00:01:00] with that, which is why we're even talking today.Diana: Well, it's, it's more like things don't go the way that I plan. It's more like I had no idea about my own plans because I'm juggling so much. Bec- I, I'm on my way to this pretty, uh, big conference in Washington, DC, and I'm going to present on a book that I wrote, uh, called I Know I Should Exercise, But: 44 Reasons Why We Don't Move and How to Get Over Them.Diana: And I'm going to present to a bunch of researchers and therapists about this sort of model of what gets in the way of us exercising. And I open up my American Airlines app and realize I have booked myself a ticket today and a ticket tomorrow. I bought two plane tickets to this conference without any awareness that I had already bought one.Diana: And so I had to decide, am I gonna go tomorrow or gonna go today? And, uh, I canceled and said, “Hey, I'd rather...” And I called you, I texted you right away, “Hey, I have an open af- afternoon. Do you wanna meet up, Jennie?” But this is the case, right? [00:02:00] W- when you have so much on your plate because you're, you are moving pieces around to make things happen, little bits of sand drop through the cracks.Diana: I think, yes, that's, that is a problem. But what's the bigger problem is how we treat ourselves after that or during that, or the stories we tell ourselves about who we are and our capabilities. I think I said, “I'm so disorganized,” and you said, “Oh, I'm so disorganized.” And then we said, “Wait a minute, maybe we need to change our script.”Diana: Right? Which is hilarious because that's what your entire book is about, is telling yourself a different story, not believing the first story that y- comes into your head, which is, oh, well, what happened was you told me that you did this and I laughed and I said, “Oh, I, I do things like that all the time. I c- I think of myself as a terribly disorganized person.”Diana: And that's when we both stopped and said, “Well, wait a minute. What would the other story here be?” So that's what- Yeah ... we thought we would talk about. Yeah. I often [00:03:00] think of the Lucille Ball episode when the chocolates are coming down the conveyor belt, and they start speeding up, and she's stuffing them in her bra, and she's stuffing it in her face, and they're, and they're flying off.Diana: And then you realize, well, wait a minute here, there's an abundance of chocolate coming your way. Like, this is, this may be a good thing, you know? Like, you have a conference that you're going to, or you have all these different opportunities that you're juggling. And we could start there with, uh, shifting to that type of a story, which is a story of there's so much ‘cause it's an experience of abundance.Diana: It's an experience of opportunities, of possibilities, which already shifts our mind into a different place. And you could notice that even in your body when you shift from, “I'm a disorganized mess,” to, “Oh, I have so many opportunities and possibilities right now.” Well, and what's interesting in your case is that you, it, it wasn't like you didn't have a plane ticket.Diana: You had two plane tickets. So in some ways there's a story of [00:04:00] you're quite organized. You were gonna get yourself to this conference no matter what. Or a story of I didn't trust myself, that I bought the plane ticket. So I had, I had to do it twice. But yes, I mean, the, the nature of the human mind is that it's a story-making machine, and actually everything that we experience comes through the, our, our mental filters, and we get to be the chooser of which stories are most helpful.Diana: In Buddhism, there's something called wise speech, and wise speech has these four qualities to it. The first quality is, is it helpful? The next one is, is it kind? The next one, which I think is a very useful one, is, is it timely? Like, is it a good time for m- for me to tell myself this story? Sometimes you might wanna tell yourself the story that you're disorganized and you need to go get organized.Diana: You need to, you know, clean stuff up, do a little , spring cleaning. But telling yourself that when you're in the middle of a ton of other things and now you have to deal with your low mood and feeling bad about yourself isn't helpful. And then the fourth [00:05:00] quality of wise speech is, is it true? Sometimes we do need to question, is it true?Diana: Is it not true? But most of the time, if we're getting all wrapped up with the, is it true? Is it not true? Am I disorganized or not? We're just doing black and white thinking, and it's m- usually more a little bit of both. That type of questioning our thoughts or questioning our stories and asking ourselves what would be the most helpful, what would be the most kind, what would be the most timely, and maybe what would be the most true, is a better angle to take with it, I think.Diana: I love that. I love that so much. I know another thing that happens when writers are juggling all the things is sometimes we, we drop one of the balls and w- we disappoint someone. So let's say in a different iteration of this that you actually were supposed to fly yesterday, and so you missed the conference.Diana: You know, that, that happens when you have a whole bunch of things going on, or you wrote the time wrong down for the podcast interview, or you missed [00:06:00] some critical deadline, and now you have on top of that like, “Oh, I, I let these people down. I said I was gonna show up, and I'm not.” Or, you know, what, what do we do when the disorganization leads to those kinds of thoughts?Diana: Mm-hmm. Well, if, if there is something you need to clean up, sometimes we do need to clean up. Yeah. I mean, that's kind of getting radically honest with ourself, and there's, there's t- two layers to that. Guilt is a, actually an emotion that we evolved as humans for a good reason, to clean stuff up. I made a mistake, I feel a little guilty, I go apologize.Diana: Um, I've, I had a, I gave, I did a white lie about something, I got caught, so I admit it. You know, whatever it is. That happened this morning. My son took my AirPod and he, he wouldn't fess up. And finally he fessed up. I'm like, “See, doesn't it feel better just to be honest?” Like, it's just be honest about it.Diana: But there's a, there's a distinction between guilt, [00:07:00] which motivates us to just, just to clean stuff up, and shame. Shame is I am bad. There's something wrong with me. I'm a bad person because I scheduled two flights or because I, you know, had, said a white lie to my mom for taking her AirPod. Shame is pretty detrimental, and it's the type of emotion that makes us climb back into a hole and not put ourselves out there.Diana: And as writers, we need to be putting ourselves out there a lot. We need to be making lots of mistakes. Maybe every once in a while feeling a little bit guilty for something that we need a course correction on, but we course correct and we move on, as opposed to shame of I am bad, and then we're paralyzed, frozen, and we go nowhere.Diana: Yeah. Yeah. Gosh, you're making me think of something that happened to me one time when I was out there promoting a book, and I had been invited to do the keynote speech at a big conference. And- There was a process in place where [00:08:00] my presentation was vetted. Like, I had to submit it and, um, and it was vetted and, and we were really clear on what I was talking about and what I was doing there vis-a-vis what some other of the speakers were doing.Diana: So there was this nice work on the whole presentation, and I felt really confident about what I was doing. And I, I did the, um, presentation and, and it was sort of s- short and, um, I thought it was awesome. And then I got feedback from the conference presenters that I had completely misunderstood my role, that I should have spoken three times longer than I had, that I had delivered something sort of thin and not what they were expecting and what they had hired me for.Diana: I, I just remember I... Actually, what I did was I gave the money back that they had paid me. [00:09:00] I felt so bad. I felt so shameful that I, that I said, “I, I can't take the money if, if it didn't go well. You know, I'm giving it back.” I was so freaked out about it. But as... This is years and years ago. As the years have gone by, I've thought about it a lot, and I've thought, it wasn't actually my fault.Diana: Like, I did i- all the steps that I did to make sure I was doing what I thought I was doing, and somehow I told the story that it was my... I did something bad. So- Yeah. Yeah ... that's kinda, that's what's coming up for me when you said that. Isn't that amazing? I think that that can be, um, our experience in so many different ways where we can fall into feeling bad, we can, um, we have experiences of feeling insignificant.Diana: I mean, especially when you're putting yourself out there, and we take one little thread of feedback, and it can destroy us, especially where that feedback is coming from. Because you're getting that feedback from the presenter, you know, whatever committee. The person who hired me, yeah. Who hired you.Diana: Imagine if w- if we went around and [00:10:00] we passed a microphone to the people in the audience. You would have been gotten a l- very different, you know, perspectives. And the, the question becomes, like, who, who am I doing this for? And, um, there was in- unclear communication. The last time I was at a big, uh, conference, uh, just a few months ago- I gave what I thought...Diana: It was on, on the book Wise Effort, and I gave what I thought was, like, the best talk I'd ever given, ever, on this. I was, I was flying high. I got great feedback. I thought it was, I thought it was pretty amazing. And it was- You're like, “I'm so good at this.” Yeah. Yeah. I'm like, “I, I finally nailed it.” Yeah. Like, so many times.Diana: I finally said it the way I wanna say it. And, and when I give these talks, I- there- I- a la Jennie Nash, I bring in a giant notepad and a Sharpie, and I sometimes I do these little one-on-one exercises with people in the audience demonstrating Wise Effort. Like, draw what it feels like in your body and, and then I hold up the notepad for everyone to see.Diana: And so it was the day after, I'm leaving the conference, and I had the notepad under my arm, and [00:11:00] I'm getting a coffee, and this guy comes up to me looking like a very stately psychologist. He comes up to me, um, in line and he's like, “Oh, did you go to the conference?” And I said, “Yes.” I said, “I...” And he said, “Oh, big notepad.”Diana: I said, “Yeah, actually, I presented yesterday.” And he said, “Oh, yeah, great. What did you present on?” And I said, “Well, I- uh, my name's Anna Hill. I presented on Wise Effort.” And he said- ... “Oh, I think I went to that workshop.”Diana: It sounds like it made a mark. Insignificance. Insignificance. And i- in Buddhism, there's something called the, um, the four worldly winds, which are the, the, the things that push... Or sometimes they say the eight worldly winds, but they're things that push us off our game, right? And they are fame and insignificance.Diana: Ah. When you're on either one of those, right, you're- you got, you got, you got a chance that you're gonna get knocked off. Another one is pleasure and pain. Another one is, um, blame and disrepute. Ooh. Ooh. Which is what you're talking about there, blame. I feel like I was blamed. It knocked me off. [00:12:00] And then the last one is gain and loss.Diana: Hmm. And so as writers, we're constantly, like, facing those winds, right? I get pr- I get, I feel famous, I feel insignificant. Oh, this is so great, so much pleasure. This sucks. This is the most painful thing I've ever been through in my life, right? Oh, I got the book deal. Ooh, it's with this, you know, kinda crappy publisher.Diana: So f- you know, all up and down, up and down, up and down. And the question becomes, I mean, back to the story of juggling all the things. If you're juggling all those things, where are your feet planted? Are you stable? Even, even if you're dropping stuff right and left. And that doesn't really matter if you're dropping stuff, if you feel planted in who you are, what you have to offer, you know?Diana: And yeah, you're gonna ... It's gonna go high and it's gonna go low, and you'll double book. Well, that's what I thought was remarkable about what you did today. You pivoted so fast. I think you texted me, might have been before 8:00 AM. You were just, just like, “I have a whole day.” You know, do, like you just started making meaning of your new [00:13:00] reality, which was you're not on an airplane today.Diana: You're on an airplane tomorrow, and it seemed like it took you no time at all to, like you said, your feet were so planted that you sort of just shook it off and moved on. Is, is that what it felt like? Yeah, it felt like carpe diem. You know? It was one of those, I was mad, I was disappointed, I was ... I, I hate those airline apps, and then I'm calling the airline.Diana: I was in the struggle for a little bit, and then, and then I just dropped it and said, “Okay, then what do I wanna do today?” So already today I, I've been to yoga, I went to I went to Savoy to get my favorite salad, I'm talking to Jennie Nash. I'm like, “This is a great day. I'm so glad I'm not in Washington DC.”Diana: Wait, is your favorite salad the kale blueberry? At Savoy? It's ... No. Yeah I go s- I go to the salad bar because they, I think they're the only salad bar that has like the, the most amazing salmon, like in the salad bar. Like, you can just like, you know, put wild salmon- Pile it on. Okay, okay ... yeah, pile it on. So that's what I do.Diana: Yeah. All right. We're talking about [00:14:00] a little deli in our town. Um- Down in Santa Barbara. You gotta go ... I mean, it does sound like a great day. And then- Yeah ... we're recording a podcast, ‘cause why not? So that, um, that's really instructive. You, you sort of let the struggle be, and, and then you said being solid on your feet and not spiraling into the blame, um, of it.Diana: Yeah. Choosing ... You know, you get to be the chooser of the story that you tell. And, um, and so, you know, choose, choose ones that are kind and ones that are, you know, for the most part true, but also ones that are helpful and timely. Yeah. And then when you do that, you can kind of n- weather stuff a little bit better I think.Diana: And I'm curious what happens if this kind of thing happens to you and other people say, “You're so disorganized. You need to slow down. You need to stop saying yes to so many things.” What do you say about that? ‘Cause that happened to you. Jennie, are you... I was gonna say, are you, are you only asking that because this happens to you?[00:15:00]Diana: Yes. Does this happen to you sometimes, Jennie? It happens to me all the time. What do you do when people ask you that? Oh, dang. You're putting it on me. Um, I usually totally take it in and think, “Oh yeah, there's something wrong with me. I should say, say no more often. I should go slower. I should, uh, should, should, should.”Diana: Mm-hmm. I do. That's what I tend to do. Yeah. And then what are the, the costs and consequences of that for you? I lose faith in my own knowing, my own intuition. I like to be busy, I like to be challenged, I like to have all the balls in the air. Um, and so I lose faith in that, and it doesn't feel good. Uh, then I, I also feel like I have to get defensive, um, why I do that.Diana: And, uh, so then I'll bring that defensiveness into my relationships. So it, it impacts me both inside and it impacts my [00:16:00] relationships. And then I think I second-guess the next time I say yes to something that feels like too much. So there's like- Mm ... a lot of repercussions. Mm-hmm. There's like dominoes falling from, from that.Diana: Mm-hmm. And then if I were to say, that happens to me, you know, what you just described in terms of people are telling me, “Diana, Diana, you're doing too much. You're taking on too much. You're, um, juggling too much. That's why you messed up the plane ticket. You need to be more organized”- Yeah ... what advice would you tell me?Diana: Gosh. Um I don't think that I would've gotten to where we got together. Um, I think, I think I might be a person who would say that, who would say, “Yeah, you're moving too fast. What are you, what are you doing?” Hmm. “Slow down. Take a minute.” I think I- Mm-hmm ... I think I might say that [00:17:00] to you. Mm-hmm. That was in fact the first thought that came through my head when you told me what happened to you.Diana: I was like, “She's doing too much. She's ta- she's got too many irons in the fire.” Mm-hmm. I put that... I did have that blame thought. Mm-hmm. Um- So it's a, it's a really interesting thing, this, you know, sort of the blame, or even if you're s- what you're saying has a, has a kernel of truth to it. When you tell it to somebody, you don't necessarily get back, “Oh, you're right, Jennie.”Diana: What you get back is what, what you just described, which I said, what are the costs and consequences to you? Well, I go into either self-blame, blame, or defensiveness, right? So the question becomes, if, if there's a kernel of truth or maybe there is a shift in, in, you know, I'm juggling too much, that's why I booked two plane tickets, yeah, you know.Diana: Um, or you're juggling too much and your friends are noticing it. There's also another kernel of truth in there, which is there's a reason why you're juggling all those things. Yeah. And, [00:18:00] and, and I would be... I'd actually go for that first. Hmm. So I would go for, in, in asking of you, uh, if I were your friend and I was noticing this, or if a friend were noticing it of you, to ask yourself, why am I juggling so much?Diana: Hmm. What is important to me? Like, what, what... You know, why are you so busy, Jennie? What's important to you? Oh, gosh. Um, I feel like I could answer that very easily. I hate missing opportunities, and the opposite of that is I love seizing opportunities. Things, really good things have come to me from... I'm gonna use the word impulsive, and there's a reason I'm using that word, but impulsive decisions.Diana: A lot of what I've built has, has come from that. I'm really good at that. Um, I think I'm good at juggling a lot of things. Uh, I like the feeling of, [00:19:00] uh, fast decision-making. I think I do better making decisions under pressure than I do when I have a lot of time. Yeah. So there's a lot of reasons why I like having a lot of irons in the fire.Diana: Mm-hmm. It doesn't scare me. It usually energizes me if I were, uh, able to do them all without the blame or the defensiveness. Mm-hmm. Yeah. It's a quality I actually like about myself. Yeah. I, I, I've, I've gotten a sense of that from you, and there's also a bit of... And I'm willing to have the, I'm okay maybe more than some other people may be okay with having a little bit of that, you know- a, a tousled hair experience of things are kinda moving at me quickly, fast, you know?Diana: And, and there's a little bit of feeling like I'm kinda juggling too much. Like I- Yeah ... I'm willing to tolerate [00:20:00] that feeling because of these other things that you, that you care about. And the, it's the, it's the second arrow. It's the layer on top of the blame and defensiveness that is the problem, not necessarily the layer of, I juggle a lot, it's kind of a mess sometimes, and then it's also exhilarating and I, I, I, it's impulsive and, and I found that that's actually a secret to my success.Diana: Yeah. And there's, um, it's, there's a, there's a thing in psychology where they talk about, um, are you willing to pay the price? And what that means is like, you know, for example in, in a relationship, you're never gonna get everything that you want. Are you willing to- You're not ... you're, are you willing to pay the price of like, you know, he has all of these qualities, but then there's this aspect of him that wouldn't, you know, he has that too.Diana: Am I, am I willing for, because I love all of this, to also have that? Yeah. And if you love the intensity and the, um, uh, um, you know, the, [00:21:00] the level of feeling and impulsivity, then you have to be willing to pay the price of sometimes things being in that tousled hair state. And I'm, and I'm, I'm the same. You know?Diana: I don't, I'm not meticulous with things like plane tickets. Yeah. I don't spend my... Like, my husband, he would spend like, you know, double check, triple check, put in the code for everything kinda guy. Yeah. Make sure we don't have any credits. I'm like, I'm just... I'm just booking my flight ... No, what, what's the harm?Diana: What, what harm was done? Yeah. No one died.Diana: And I can pivot quickly, so it's fine. You know? And, and that's, so I'm willing to pay the price. I love that so much. So that's the story. The story is not, look at Diana, she's so chaotic. Look at Jennie, she's got too many irons in the fire. It's we've chosen to pay that price- Mm-hmm ... for being this way, for working this way, for moving through the world this way.Diana: I love that. Yeah. [00:22:00] Yeah, absolutely. I love that. Well, I feel like that is a great place to end, and you get to continue on with your great day, ‘cause it's still the afternoon, so who knows what will come out of this day for you. Maybe something good. Yeah, surprise. Thanks for joining us, and have a good, uh, conference.Diana: And for our listeners, until next time, stop playing small and write like it matters.Diana: The #amwriting podcast is produced by Andrew Perilla. Our intro music, aptly titled Unemployed Monday, was written and played by Max Cohen. Andrew and Max were paid for their time and their creative output because everyone deserves to be paid for their [00:23:00] work This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit amwriting.substack.com/subscribe

Tobin and Leroy analyze the recent offensive surge in the NFL following a high-scoring game between the Bills and Lions. They look ahead to the Hurricanes' matchup against Wake Forest and debate whether the Dolphins should prioritize Malik Willis' development over immediate wins against the 49ers. (00:02:43) NFL Scoring Explosion (00:08:46) Dan Campbell Hot Seat (00:11:50) Hurricanes Game Night Preview (00:19:48) Darian Mensah Analysis (00:31:11) Dolphins vs 49ers Preview (00:36:50) Developing Malik Willis

Nick Kostos talks some of the latest College Football news including Steve Belichick resigning at North Carolina and the potential of the College Football Playoff commitee counting Michigan's win over Western Michigan as a loss.

D-Lo spends hour four dropping the five o'clock news and then gets back to the Kings.

Howie and Harlan are joined by Omar Lateef, CEO of Chicago's Rush University System for Health, to discuss balancing the financial pressures facing hospitals with commitments to patient care, community health, and research—and why healthcare leaders will need to rethink traditional models of care. Howie examines how proposed changes to student and exchange visitor visas could affect international researchers and physicians; Harlan discusses proposed changes to Medicare payment for remote patient monitoring. Show notes: Visa Rules "Judge blocks Trump administration plans to limit visa length for grad students, postdocs" NAFSA: Duration of Status Rule "AAMC Statement on Duration of Status Final Rule" "What does the new duration of status rule mean for international students and workers?" Memorandum and Order on Motion for Preliminary Injunction Omar Lateef Rush University Medical Center Stat Status List 2025: Omar Lateef "Modern Healthcare Again Lists Rush CEO Among Most Influential" Rush Remains Among Nation's Best in Vizient Quality Rankings" "Corporate Finance Institute: Debt Covenants "Bond Covenants Demystified: What You Need to Know" "Health Equity as a System Strategy: The Rush University Medical Center Framework" "A Community Anchor for Health Equity" Fillmore Center Laundry Linen "Rush Signs on as First Partner for Local Laundry Service" "Key Facts About Hospitals": Profit Margins "Despite sectorwide financial recovery, not all are hospitals are finding their footing" "Hospital Margins Rebounded in 2023, But Rural Hospitals and Those With High Medicaid Shares Were Struggling More Than Others" Payments for Remote Monitoring Remote Patient Monitoring "Billing for Remote Patient Monitoring in Medicare" "States are betting millions on remote monitoring. Providers, tech groups say proposed Medicare policy could undercut it" "CMS Proposes Transformational Medicare Reforms to Expand Accountable Care, Modernize Physician Payment, and Shift from Sick Care to Healthcare" CMS: "Medicare and Medicaid Programs; CY 2027 Payment Policies Under the Physician Fee Schedule and Other Changes to Part B Payment and Coverage Policies; Medicare Shared Savings Program Requirements; and Medicare Prescription Drug Inflation Rebate Program" "Telemonitoring in Patients with Heart Failure" CMS: ACCESS (Advancing Chronic Care with Effective, Scalable Solutions) Model In the Yale School of Management's MBA for Executives program, you'll get a full MBA education in 22 months while applying new skills to your organization in real time. Yale's Executive Master of Public Health offers a rigorous public health education for working professionals, with the flexibility of evening online classes alongside three on-campus trainings. Email Howie and Harlan comments or questions.

Margin borrowing and sports gambling “investments” are both on the rise! Today on the show, two stories from Planet Money's daily podcast The Indicator about the ways investing is changing, and getting riskier.According to one study, more than half of Gen Zers are using investment dollars for sports gambling. On average, this is not a smart strategy for the long term. It might be that sports betting today is like day trading was for a previous generation of young investors: something a lot of young people, typically men, do, lose money at for a while, then quit. We review the early research on this trend and meet a state legislator proposing ways to stem problem gambling.More, generally younger people are also investing with borrowed money. Trading on margin is at an all time high of over $1.5 trillion. In the past, high levels of margin investing have led to crashes. We hear those stories and find out what the Fed might do to reign in the risk. Related Indicator episodes— How AI might mess with financial markets— Prediction markets are threatening national security. Who's gonna fix it?Connect with Planet Money & The Indicator— Sign up for The Indicator's weekly link round up newsletter!— Sign up for Planet Money's weekly longform newsletter!— Buy the Planet Money book— Find our socials, YouTube and more!— For sponsor-free episodes, subscribe to NPR+ Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This show's perks include bonus episodes and sponsor-free listening. Learn more at plus.npr.org.These episodes of The Indicator from Planet Money were produced by Corey Bridges and Cooper Katz-McKim. They were engineered by Travis Hagan and Cena Loffredo, and fact-checked by Sierra Juarez. They were edited by Julia Ritchey and Kate Concannon. Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This show's perks include bonus episodes and sponsor-free listening. Learn more at plus.npr.org.See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy

Your WIP shows today. Your backlog shows what's booked. Neither tells you where your cash and crews are headed. That's what projections do, and most contractors either do them badly or skip them. In Part 8 of the series, CPA Kathe Barrington shows construction owners how to build projections that actually predict trouble early. What you'll take away: Why projections belong to your CFO, and where owners still need to stay involved How far out to project (18 months internally, fiscal year-end for the bank) The job-cost bell curve, and how to plan cash, billings, and manpower around the peak Why cushion in your estimates can hurt your credibility with bank and bonding A 30-60-90 day plan to get your projections under control Kathe's line for owners who play games with their numbers: you lose the truth about your own margins, and every future estimate inherits the lie.   The full Construction Accounting Series with Kathe Barrington: Ep. 357 WIP Reports Made Simple: https://www.constructiongenius.com/wip-reports-made-simple-the-key-to-stopping-hidden-job-losses-ep.-357 Ep. 359 Use Your WIP to Protect Cash: https://www.constructiongenius.com/how-to-use-your-wip-to-protect-cash-and-grow-profitability-ep.-359 Ep. 364 Physical Progress vs. Financial Reporting: https://www.constructiongenius.com/physical-progress-vs.-financial-reporting-in-construction-projects-ep.-364 Ep. 368 Underbillings Bad. Overbillings Better: https://www.constructiongenius.com/underbillings-bad-overbillings-better-the-cash-flow-truth-construction-owners-cant-ignore-ep.-368 Ep. 377 Why Your Jobs Look More Profitable: https://www.constructiongenius.com/why-your-jobs-look-more-profitable-than-they-are-indirect-allocations-and-overhead-in-construction-ep.-377 Ep. 388 Read Your Backlog Like a Banker: https://www.constructiongenius.com/how-to-read-your-backlog-like-a-banker Ep. 396 Grow Bonding Capacity: https://constructiongenius.com/grow-bonding-capacity-banking-tax-moves-contractors/ Full playlist: https://www.youtube.com/playlist?list=PLNqgaQ0mEF1w Connect with Kathe Barrington: kbcpa.biz   

Geoff Tamman of Shipium & Dean Freson of ODW Logistics talk about reframing peak season as a margin question; simulation; network redesign; & demand surcharges.  IN THIS EPISODE WE DISCUSS: [03.08] Why peak planning conversations are almost always about capacity, labor, carrier commitments – but much less often about margins. "It's an overlooked topic, until it's too late… A small rounding error in August is multiplied exponentially in December – that one penny becomes millions." [05.25] People, systems, or carriers – the first thing that breaks on your worst peak day. "Peak is a four letter word, but the real four letter word is cost. Those peaking surcharges, volume tiers… How are you managing those components, to ensure you're putting the right capacity in the right carrier in the right method, to manage cost structures and margins?" [07.52] What you can still influence in October, and what's already locked in. "If you haven't already, take a second look and audit your contracts." [11.20] When you hit peak, the network runs hot and volume triples; the cost per parcel changes first, and what often surprises people. [12.52] Managing demand surcharges, and what cost can look like at different times of year. [16.44] How you can determine whether you're making money during peak, instead of waiting to find out in February. [18.25] The signals to look at in the first week of peak that tell you whether the network is still economically healthy, rather than just keeping up with volume. "Start to pay attention to the lanes, the origins and destinations." [22.36] How much a 'good' routing or rating decision matters when you're processing millions of parcels, and what happens when that decision gets slower or less accurate. "'Good' isn't good enough. You need precision, alerts and alarms and all those things. But, more so, you need a system and services that are looking at all at these micro decisions and asking: If you're doing a million units a day and one is off, why is that one unit off?" [25.54] The peak decisions Dean would simulate now before committing to them, rather than discovering the answer later down the line. "Having the ability to simulate helps us make a business decision rather than a gut reaction, and understand the impact financially." [30.44] The operational improvement that has had the biggest measurable impact on cost per parcel at ODW, and how they identified it. [31.34] What last peak taught Dean that changed ODW's network design. [33.35] Which parts of last year's peak network Geoff and Dean would redesign today with everything they know now. "Understanding exactly how the carrier volumes and mix plays into the peak surcharge, and how it's calculated. Last year we didn't have all the same tools we have available today, so we're in a better place now with Shipium as a partner." RESOURCES AND LINKS MENTIONED: Head over to Shipium's website now to find out more and discover how they could help you too. You can also connect with Shipium and keep up to date with the latest over on LinkedIn, or you can connect with Geoff or Dean on LinkedIn. If you enjoyed this episode and want to hear more from Shipium, check out: 502: Current Success vs Future Potential: Finding the AI Balance, with Shipium 491: 2028 – Shipium Counts Down to the AI Revolution 299: Modernize Your Ecommerce Supply Chain, with Shipium Check out our other podcasts HERE.

Die Wheel-Strategie steht in fast jedem Coaching-Angebot ganz vorne: Cash Secured Put verkaufen, Aktie übernehmen, Covered Call schreiben, wiederholen. In dieser Folge fragen wir nicht, ob sie funktioniert, sondern warum sie so auffällig oft verkauft wird. Sie lässt sich ohne Margin, ohne Griechen und ohne implizite Volatilität erklären — wer nur sie unterrichten kann, unterrichtet sie nicht aus Überzeugung. Dazu kommen regelmäßiges Einkommen als Versprechen, vergessene Steuern und das stärkste Argument von allen: Man macht ja nie Verluste. Am Ende die Frage, die uns selbst trifft: Wir handeln Puts und Calls doch auch — wo verläuft die Grenze? Euer AlexUnser Podcast wird unterstützt durch CapTrader: https://www.captrader.com/

What do you do when your sales are on plan but your margin has dropped. In this episode Elisabeth explains why that happens, what it tells you about the quality of your sales rather than the volume, and the questions to ask in your Monday trade meeting to find the cause before it grows into a bigger and costly problem,IN THIS EPISODE·  Why margin is driven by the value and mix of what you sell, not by the number of units that leave the shop floor· The five most common causes of a margin drop, from a markdown rate above plan to movement in your landed cost·  How a shift in product mix inside a single category can cost you several points of margin while sales still look healthy·  The six diagnostic questions and what each one tells you about where to actGO DEEPERIf you want to understand how margin is calculated, how to phase your product, and what weekly actions to take when your figures start to move, that is the commercial framework the Thrive in Fashion Buying and Merchandising course was built to teach:https://designdirectiveme.com/online-fashion-buying-courseIf you would like to develop your fashion buying knowledge from concept to customer, explore the Thrive in Fashion Buying and Merchandising course at designdirectiveme.com

In this Margin Notes episode of the #amwriting podcast, host Jennie Nash talks with book coach and author Stuart Wakefield about approaching marketing as a creative project by making joyful “artifacts” that expand a story world rather than simply asking readers to buy a book. Wakefield shares his creative background, a past period when his creative practice stopped, and how he now immerses himself in projects tied to his latest novel, All Hands on Dick, set in 1956 aboard the cruise ship SS Celestial. Stuart describes the book's comedic, queer, mid-century influences and its characters, explains creating items like a 3D-printed ocean liner and a hand-cut 10-inch vinyl record featuring AI-assisted big band songs, and discusses building an animated music video. Nash also previews upcoming episodes with Wakefield on using the Blueprint method to develop a series, as he launches his trilogy A Gay Odysea.#AmWriting is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.Connect with Stuart* Visit his book coaching site* Read his books* Watch his music videoTranscriptJennie: [00:00:00] Hi, I'm Jennie Nash, and you're listening to the #amwriting podcast, the place where we help writers of all kinds play big in your writing life, love the process, and stick with it long enough to finish what matters most. Hi, everyone. This is Margin Notes, the part of the podcast where we're talking about the big decisions writers face in their work or creative lives.I'm here today to talk with Stuart Wakefield about making marketing a creative project. And you've heard from Stuart before. He has coached on the podcast, and we'll link to that episode in the show notes. He also will be in episodes to come, which we'll talk about in a moment, and Stuart is a fascinating individual who's had a long career in all kinds of things, including TV writing, playwriting, a long stint in IT.What? [00:01:00] And, and now Stuart works with me at Author Accelerator, and he runs his own book coaching business at thebookcoach.co. Welcome, Stuart.Stuart: Thank you for having me, Jennie. I'm really excited to talk to you today.Jennie: I'm excited too. This is such a, such a interesting topic. So the reason this came up is that Stuart launched a new book, which he'll tell you about in a moment, which is part of a series, which he'll tell you about in a moment, and I started seeing out on social media just all this really fun content that he was producing.And obviously then I would get to talk to him at work, and I- he just would have so much joy, and then he would say, “Oh, let me show you this other thing.” And when I talk about fun content, I'm talking about, like, music videos, cartoons, animated [00:02:00] little shorts. He wrote a song. He, he's writing a music video. He 3D printed a ship.He printed a vinyl record. I mean, it's bonkers. And so I just wanted to dig into this about what are you doing, and why is it creating so much joy, and what can we learn from it? So that's what we're here to talk about.Stuart: Oh, oh, oh. Right. Okay. So, so in, in my creative practice, I have always enjoyed... You know, I started acting when I was five, um, so I've always been in kind of around the theater, even when my kind of IT career and project management career was all kind of going on.So I've always enjoyed that. I, um, started a, a- A degree in fashion design. Um, after a year at art college, I, you know, carried on acting and then had a break in 2003. Uh, if I'm really honest with you, I had a breakdown and- Yeah ... m- [00:03:00] my creative practice just stopped. And about six years later in 2009, I started writing.And you know, I've always been a creative person, and I've always been a storyteller, and I tend, but I tend to do it in a very short, concise way. So the shortest piece of fiction I've sold was 50 words.Jennie: That's short.Stuart: Right. Okay. So I, um- Have had like a, a side art project. It's called The Queer Historian of Emotional Truths.Um, and there is a website that sits with that, and the idea is that the queer historian has found artifacts, um, and he is curating those and sharing those on the website, and they might be voicemails, they might be found photos, found objects. And when I got my... So I really love that kind of very small to- storytelling, those, those really poignant moments, [00:04:00] as opposed to great big, long stories.Um, I recently s- sold a story to Divine Femins- Feminine Publishing as well, um, which is again, it's cozy sci-fi, but it's very much the small kind of human moments.Jennie: Right.Stuart: And I found that after writing this book, I became so invested in the world that I wanted to do small art projects that kind of lived within that world.So that's where this has come from. I, I don't see it as marketing. I see it as telling those smaller stories within that wider world that really convey the joy that not only have I got from writing that, that work, but I think lives on after the reader closes and reads that last, that last page and then closes the book.Jennie: Well, this is why it's so exciting and inspiring to me, because so often when writers talk about marketing or think about marketing, they're thinking [00:05:00] about, “Buy my book. Buy my book. Buy my book,” and that's not at all where you're coming from. I suspect... Well, with this current project, it's, it's brand new, but I suspect that that's where it's gonna go, right?That it's impossible to imagine sh- that you're gonna share all these creative acts and artifacts and not get people... I was gonna say on board, but that's gonna be like- The, it's a- ItStuart: is set follow... It's set on board a, a ocean liner. Right. So on, on board is great.Jennie: Right? Like the, how could those two things not happen?That, I guess what I'm getting at is I, I often think that the results people want don't usually come from the path that they think is gonna get them there. Right. The results come from doing the work you love, writing the story you want, and in your case, making this a creative project. Do you- Yes ... do you think that's [00:06:00] true?Stuart: Yeah. You know, very much so, and I was discussing this with a marketing book coach, uh, Rebecca Grogan.Jennie: Mm-hmm.Stuart: Highly recommend her to any romance writer. So that's beckythebookcoach.com, and, you know, we got talking about creative projects and how much I don't really like marketing. I always thought it was a very British thing not to like marketing, but the more and more US writers I, I meet and fellow coaches, again, you know, marketing can feel like something unsavory.Jennie: RightStuart: And what I really want to do is show people these cool things I've made and invite them very much into the world. Because what I do in any of my creative writing projects, I have objects that represent what I'm writing on my desk. So, um, I have a book that's set in 1907, so I got [00:07:00] artifacts from, from that time.I have a book that's set, well hopefully coming out in a few months, which is, uh, set in Madrid in 1958, and one of the characters works in a print shop. So I have wooden blocks, wooden printing blocks that spell out this character's names. So-Jennie: Oh,Stuart: that'sJennie: so cool.Stuart: So as I switch from project to project, I bring those things and put those onto my desk, and I just find it helps me get into that head space-Jennie: YeahStuart: and that emotional connection.Jennie: Yeah.Stuart: So because I still have a, a very strong emotional connection to what it is that I've just published, and I know there are two more books coming, I really wanted to sit and kind of immerse myself in that world. And the first object I created was this 3D printed ocean liner, because that has what has been sitting on my desk while I've been writing this first book.Jennie: So when you say you 3D printed it, how did you go about [00:08:00] that?Stuart: Okay, so I-Jennie: Oh, and, and let's just describe, since people can't see it. It's, it's about like eight inches, 10 inches? Uh, yeah, yeah. So- And it's... Is it made of plastic?Stuart: Yeah. So it's 3D printed, uh, so it's kind of a, a resinous kind of plastic that's- Yeahjust melted as it comes through the head. And yeah, so I found, uh, a model online, and then I... My comput- my computer modeling is not great. It's one of the few things that I'd see that I don't really, you know, have a skill at. So I contacted a friend and said, you know, “Can you modify this for me? Um, can you change the name on the side of the ship?”‘Cause the model that was already there, um, had a different name. And yeah, you know, we, we worked on the look and the feel, and then when we were ready, we found someone else to, to actually print it up. So for me, it's just a lovely object, and I know I'm going to be able to take it to book fairs. There's one coming up at the end of September- So I have little [00:09:00] wooden life rings, we have ship's rope, I have a reception bell.Um, so all of these artifacts, again, when s- if somebody comes to my stand at the book fair, they will be walking into the world of the SS Celestial.Jennie: That's so fun. Okay, so let's, let's talk about the, this, the ship and what happens on the ship and the story and the whole thing, ‘cause it's just too much fun.So it's, um, set in 1956 on a cruise ship. The name of the book is called All Hands on Dick, and it is currently out. So why don't you tell us about first All Hands on Dick, and then the series that it, um, begins?Stuart: Okay. So All Hands on Dick follows cruise director Dick Dockery, and Dick is one of those people that puts the passengers' needs before his own.So, and he is very good at his job But on the voyage from New York to Bermuda, [00:10:00] a slightly seedy kind of underground guy with a reputation called Van Valentine boards the ship. And Van very quickly identifies that what Dick is doing, that he's fulfilling everybody's needs but his own. So throughout a...It's very much a comedy of manners. So throughout that and some farcical moments and lots of beautiful sub-stories, um, Dick eventually learns that being needed is not the same as being loved.Jennie: Very, very, uh, profound message in a very fun setting. So some of the other characters, tell us about some of these other characters.Stuart: Okay. So we have, uh, newlyweds, uh, Buck and Kitty Devereaux. And Buck seems very nervous in his marriage, so one of the kind of mysteries is what is Buck hiding? And then eventually we start to learn that actually Kitty might be hiding some- something as well. We have [00:11:00] Aurelia Cashmere, who is a sort of a, a grande dame, I guess.She, she's first class. Um, she has come on board with a secret that she's going to reveal something when they get to Bermuda. We have, uh, Tony's sidekick, uh, Bunny Marlowe. We have a steward who seems to know everything called Tony Two Towels. We have a light-fingered magician called Pip Larkin. Um, and- ThisJennie: is just so great.And you s-Stuart: And then lounge singer... Sorry, then we have a l- a lounge singer called Rex Devereaux. Uh, and he has a on-off affair with his piano player, Joey Lamplight.Jennie: Okay. So you shared with me that, um, you loved The Love Boat, the, the TV show, right? Oh,Stuart: it's one of my... It, it's just fantastic. And I, I tell you what happened, I love the movie An Affair to Remember-Jennie: Mm-hmmStuart: with Deborah Kerr and Cary Grant. [00:12:00] And you know, I was... My mom loved kind of ‘40s, ‘50s movies. So she kind of introduced me to those when I was growing up, ‘cause I was born in the early ‘70s. So you know, sh- I was kind of weaned on, on movies by watching those. And I loved watching The Love Boat, and more recently...I say recently, it's a few years old now, but the movie Down with Love, uh, with Renee Zellweger.Jennie: Yeah.Stuart: And I watched that and it reminded me of the Doris Day, Rock Hudson kind of sex comedies.Jennie: Yeah.Stuart: So the vision for All Hands on Dick and the series that it fits into, um, very much came from those, those influences, and the love of, of the, all of those things.Jennie: Well, and it has that, and has that feel. So we'll talk about the whole series in a minute, but some of the other things that you made artifacts that you made, uh, well, there was a song and then there was a record, [00:13:00] and then there was a music video. So how much time have you spent making all these things?Stuart: I, I, I think, I think that wh- what, what happened was, I, I, I'd finished the book and I w- I was, I, something had happened.I think, I think an old Drifters song came up on my, um, Irene's, uh, list, and I'd been listening to... We have a, a TV, um, advert that's on in the UK that, uh, has the song, um, Beyond the Sea.Jennie: Oh, sure, sure.Stuart: It's Bobby... Yeah, yeah, yeah. Yeah. And I was, “Oh, okay.” So I knew that Rex, the lounge singer, one of his storylines is that there's a song that he can't sing.Jennie: Oh.Stuart: It is too emotional for him, and he's desperately trying to get his career back on track and, but there's this one song that he just cannot sing, but it's one of the most powerful songs that could potentially bring his [00:14:00] career back. And I'd been thinking about songs and, you know, again, my mom was just a very, very funny wom- woman and, you know, we would make songs up together.And I wrote some jokey lyrics, uh, called, for a big band number sung by Bunny, called Everybody Needs Dick. And, and, you know, uh, you, the lyrics are, are, you know, a bit silly here and there, but, uh, I just had fun with it.Jennie: Yeah.Stuart: You know? So none of this was planned. Um, now I know some people are gonna be really anti-AI, and I, I totally get that, but this was for my personal consumption.So I put those lyrics into an, a, an AI and said like, “Can you write a big band, you know, backing track to go with this?” Just as an experiment, and what came out just really took me by surprise. So-Jennie: It's amazing. I mean, it sounds like a fully produced Andrews Sister song.Stuart: Yes, yes. Love The [00:15:00] Andrews Sisters.Yeah. And then I got thinking about Rex's song, and I thought, “What kind of avoidant thing would Rex sing?” So I wrote some lyrics for that and, um, again, put it into the same AI, AI, and it came out with a couple of versions, and one of them immediately made me start to cry. Oh, no. And I thought, “Okay, if I have an emotional connection to this song, then I need to do something with these tracks.”So I'd been kind of living in the world of the SS Celestial, which is the, the ship that the story is set on, and got to thinking about kind of souvenirs and, and would the ship sell souvenirs, and what kind of things might they sell? And I thought, “Okay, if I'm gonna have an object that's all my own, then as my kind of reward for finishing the book,” I thought, “wouldn't it be great to have a vinyl record?”So then I get into researching how much music can you get on, you know, a seven-inch, a 10-inch, [00:16:00] 12-inch record. Settled on a 10-inch record because, um, Rex's song is six minutes. It won't sit on the seven-inch. Then I had to do my research. You know, were 10-inch singles available in the US in the 1950s? Turns out they still were.Um, then I got to designing the record covers and the labels. I found a company in, uh, the, in London who handcraft. So rather than press a record, they hand-cut it.Jennie: Oh,Stuart: wow. Um, found a company to do that. And yeah, you know, a week later I had in my hands a, a, a 10-inch record, and that is just for my personal consumption, but, you know, I will share that on,um, you know,uh, social media. I will play parts of the record on social media. And yeah, that's where I kind of got to in there, and I just wanted to share with people like, “Oh, look, I made this cool thing.”Jennie: Yeah, yeah.Stuart: And-Jennie: I mean, it's so cool, and [00:17:00] when... We'll share, hopefully, uh, uh, cover a picture of the, um, m- the, uh, record so, in the show notes so people can see.But when, when you share it and talk about it, again, you're just filled with so much joy, like a kid. Yeah. Like, “Look at this.” Yeah. “Look at what I made.” And that has to feel really good, right?Stuart: It, it really, really does. And, and, you know, my family, immediate and wider, are going through some really difficult times at the moment.We started kind of March last year, and, um, I won a, a, a grant from the Arts Council here in the UK to, to really help me kind of zone in on my playwriting.Jennie: Right.Stuart: And a full-length play that I've written is, it's very dark, and it deals with some very dark kind of, uh, themes and issues. And a friend of mine had said to me, she said, “There's something wrong with you.There's, [00:18:00] there's, like, this little light that has gone out.”Jennie: Oh.Stuart: And she said, “I think you should get back to writing comedy.” Um, when I wrote for TV, that was comedy. Um, my last full-length novel, you know, had lots of comedic stuff going on. Um, and she's like, “Why don't you, you consider going back to comedy?”She'd read a lot of my writing when I was doing my master's degree, and she said, “I, I really think you need that, that kind of lift.” So when I was thinking about what to write, I was like, “Okay, I need to do something that, that just really sits with me.” I'm not... You know, writing a novel is a big commitment, and you need to be around people that you kind of really love.Jennie: Yeah.Stuart: And I wanted these people to- So many queer stories I think are written from a place of trauma.Jennie: Mm-hmm.Stuart: And I really wanted a group of people who had relatively low stakes threat, but [00:19:00] could really live and breathe in their environment and find joy. And that's exactly as passengers are disembarking at the end of this, this book, that's, you know, there is hope and there is joyJennie: And I imagine that's what you want your reader to feel.Stuart: Um, uh, a- absolutely. I've absolutely written it for people who, you know, to take on a take on a cruise- Right ... or read on the beach. And, you know, I think it's fair to say that, you know, politically and, um, literally the world is on fire, right?Jennie: Yeah.Stuart: Yeah. You know, we're seeing huge fires all over, you know, we're seeing political, just appalling political stuff.And I, and I just thought I, I need this story and I need these people, and I think other people out there need just some fun and some joy and some lightness.Jennie: So tell me about, um, right before we r- started [00:20:00] recording, you said you were almost finished with the music video. Tell me about that.Stuart: Right. Okay. So, uh, Everybody Needs Dick is a huge, joyous, big band number, and I was creating a little short animation to go on, um, social media, and also I wanted the challenge of learning something new from an IT point of view.Jennie: Mm-hmm.Stuart: And it kind of grew, ‘cause I was putting some music to the, the reel on Inst- on Instagram, and I just thought, “Hmm, this could... Like, I really like the results of what I've been able to animate here. Like, maybe this could be something bigger.” And I used to work for Turner Broadcasting Systems, which is now, like, part of Warner Brothers Discovery.Was there for about three years working mainly on the Cartoon network side, and I did some work with the animators of The Amazing World of Gumball, which is a very [00:21:00] popular show, um, in the US, and I kind of thought, like, maybe there's something in this. Maybe I could put all of the Everybody Needs Dick story into, like, an MGM musical number.Jennie: Right.Stuart: And like, so again, it, it captures the look and the feel and the tone of the joy of the book as well. So I'm 40 seconds away from finishing. It takes about an hour to get 14 kind of decent seconds. And I... But I'm, I'm exhausted, but what's keeping me going is watching it over and over again and feeling emotional, feeling that emotional connection to the relationships that are developing, even just through the video i- itself.Jennie: Right. AndStuart: what- So again, for me, it's just immersive.Jennie: What, um... When you approach Something like that, and you, you know, obviously we're all, uh, learning, if any of us listening use AI for [00:22:00] various things, we're all learning as we go d- because it's so new. How do you approach the technology side of it? Like, in addition to the creative part, you have to figure things out, right?Figure out how to do it.Stuart: Yeah. I mean, you know, I spend a lot of time engineering prompts for all different sorts of things. So for my own writing, um, I have a prompt that runs through my chapters and looks at all of the nasty habits that I have.Jennie: Yeah.Stuart: And I was talking to another coach the other day, and I was like, “Let me, let me just do a quick word count.”And that search, that, um, AI prompt, is 9,510 words.Jennie: Wow.Stuart: So I might have spent a long time working on that, that prompt, but it really helps me sit back, look at my chapters, really understand what's working and what's not working, and then from my past mistakes and patterns of writing, it helps me see those and that I've fallen back into to some of those [00:23:00] habits.Jennie: Yeah.Stuart: So, you know, I, I like to think I'm relatively good. Um, but again, some of the graphics that I was using on Instagram were... They were by real people.Jennie: Yeah.Stuart: And I thought, “Well, that's not really the kind of look I'm after. I'm kind of after that... For the, for the video, I'm after that mid-century American illustrated look that is somewhere between J.C.Leyendecker's illustrations of the sort of ‘20s, and the illustrations that you would expect to see in an American magazine in the mid-'50s.”Outro: Right.Stuart: So I worked and worked and worked, you know, with an AI tool on getting the look right, and then locking that look in. Then I was able to take the images from Instagram and say, “Okay, what would those character models look like if they were in dr- had been drawn in this style?”So again, we worked through those looks, um, you know, how smooth their skin was, what the kind of folds in their clothes should look like. [00:24:00] You know, we did a lot of work on that, and then it was really down to the things that I kind of learned at Warner Brothers and watching the extras on DVDs about storyboarding, um, the animations, and then really teaching myself the best way to use, um, the AI that I was using to get the best kind of effects out of it.And I- So it sound- You know... Hmm.Jennie: It, it sort of sounds like play.Stuart: It is. It really is. And I, you know, I, I love learning. I loved learning to be a book coach. I'm always doing some kind of course, whether it be creative or, you know, to do with writing. And, you know, I like a challenge, and teaching- Yeah ... me this new technology, I mean, I'm 54, and, you know, there's always that risk that the kids are gonna com- going to kind of overtake you.Jennie: Sure. Uh,Stuart: but I'm very curious about the world. You know, I l- I like my K-pop. I'm very excited today ‘cause Hatsize, you know, new EP is out. Um, I've had many a conversation with a 13-year-old who's just shocked that I know anything about K-pop- ... [00:25:00] let alone I'm kind of into different bands. So, you know, I'm interested in, in pop culture and learning new technologies and, you know, it has been a huge, huge challenge for me to do this.But again, it's playing in this world, and I've also noticed as I'm doing these other creative projects, because I'm still mentally in the world, some of the stories for the later books are, are coming to me.Jennie: Yeah. Yeah. So let's talk about the series. At what point did you decide that All Hands on Dick was going to be a series?Stuart: Pretty much from the beginning. I-Jennie: Okay ...Stuart: I, I... So the series is called A Gay Odyssey, and that's- AndJennie: it's, I have to spell it. It's- Yeah ... O-D-Y-S-E-A.Stuart: Yes. So it- it's A Gay Odyssey, and I call it, like, a naughty cal adventure. So- So, you know, I, I very much saw this as the ship as a [00:26:00] container.Jennie: Mm-hmm.Stuart: Okay? Quite literally.Right. But also like a story engine.Jennie: Right.Stuart: So I thought this is, this is a world in miniature, and I wanted to have one overarching love story that covers all three books. But like The Love Boat, I wanted that episodic nature to it as well, because I knew I wanted to bring in different characters and different crew.So A Gay Odyssey is, it's a trilogy of mid-century American queer romantic novels that also examine, uh, the life we live as performance as well as the life we live in private.Jennie: Mm-hmm. So that's where the, the lounge singer and the piano player, the literal- Yeah ... performers and the magician, as well as the just regular people who are performing different roles and things.Ab-Stuart: a- absolutely. You know, Buck is, is performing kind of the dutiful husband, and that's clearly not what's going [00:27:00] under, on under the surface. And, you know, Kitty is very much wanting to go out, you know, understand what's w- I want to say in quotes, “wrong with him.”Jennie: Right.Stuart: And yet Kitty starts to believe that actually she might not entirely be the person she thinks she is.So again, it's, some of it's around self-discovery, um, and some of it is just how you move in the world when the world is telling you you shouldn't be who you are. I mean, it's coming off the back of the Lavender Scare- Mm-hmm ... in the US, um, that Eisenhower signed in 1953 where queerJennie: people-Stuart: I'm not familiar withJennie: that.Stuart: Oh, okay. So I think it was Order 105410or s- or, or something. But Eisenhower signed it, signed it in 1953, and it basically meant that nobody, no gay man or lesbian could work in a federal job.Jennie: Oh, I, I was not aware of that.Stuart: So, you know, thousands and thousands of people were put [00:28:00] out of employment in the US. Wow. So it's coming off the back of that Lavender Scare, um, and it was very much treated like they were a security risk.Jennie: Wow. Um, I'm not gonna get really deep into the series because you and I are gonna do a deep dive on, uh, series development. Um, and for our listeners, Stuart is obviously, um, I would say one of the world's foremost experts on my blueprint method. H- how's that for a title?Stuart: That's very kind of you.Jennie: Um, he teaches it, he coaches it, he holds the high bar for certification that we have at Author Accelerator around the blueprint and other things.But one of the things that he has really done is, is to do a very deep dive on understanding how to use the blueprint [00:29:00] to develop a series, and how you think about one book, how you think about the whole series, the, the order of things, the, the way this tool can be used in this way, and his work on this is, uh, blew me away truly.So I've asked Stuart to come back onto the podcast, and we're going to do a series of two, uh, podcasts, where in one we're gonna talk about the overview of how to use the blueprint to develop a series, and it can be any genre, uh, any- Mm-hmm ... fictional genre, and then we're gonna do a second podcast on ... Now I can't remember what it was, but I think it wasOh, the story engine, and you, and you referenced that with, for your series, the, the ship and, and this container and how to develop a story engine. [00:30:00] And this will also all lead to a special offer to work directly with Stuart on a series, so, um, using the blueprint. So all of that, I'm making all these big promises.I hope they all come true.Stuart: They will. They will.Jennie: Um, all of this is just, uh, laying the groundwork for, for folks who are interested in designing, developing, building a series, and, um, doing it with somebody who has this incredible creative and playful mind, and you can get a sense of the way Stuart thinks and, and works and, um, of the things that he makes.Uh, can you tell us, Stuart, w- if people wanna read All Hands on Deck right now, where can they go? If people wanna find you, and how on earth can they see and hear all this cool stuff you've made? Tell us all the things.Stuart: Okay. [00:31:00] So, uh, in terms of, obviously you can find me at thebookcoach.co. On Instagram, I'm Mr.S Wakefield. Um, so that's where you'll be able to see where I share the cool things that I've made. Um, and then in terms of buying, I mean, all good bookstores. I've already had some, some podcast listeners of mine send me pictures of them holding their, uh, books in, you know, American bookstores, which is fantastic to see.Uh, so yeah, you know, everywhere that you can buy a book. It's not just Amazon, boo, hiss. Um, you know, you should be able to get it in all, all, you know, good, good bookstores.Jennie: Excellent. So, uh, say your, say that Instagram again, just so people can hear.Stuart: Uh, it's Mr. S Wakefield.Jennie: Okay, great. Well, um, we have much more to talk about, and we, and we will be talking about, but this was just so fun to hear your process and this, um, this sense of marketing as a [00:32:00] creative project.And it'll be really fun to follow along and check in with you in our next episodes about where all of this stands as well.Stuart: Great. Thank you.Jennie: Thanks for joining us, Stuart.Stuart: Okay. Take care, Jennie. Bye.Jennie: And for our listeners, thanks for listening. Now let's get back to work and finish what matters mostOutro: The hashtag amwriting podcast is produced by Andrew Perilla. Our intro music, aptly titled Unemployed Monday, was written and played by Max Cohen. Andrew and Max were paid for their time and their creative output because everyone deserves to be paid for their [00:33:00] work This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit amwriting.substack.com/subscribe

If you spend the next 30 minutes listening, you stop losing margin to silent payment reclassifications. Amazon changes how it processes seller payments. You do not see the change on the invoice. You see it six weeks later when your net margin drops. This is not a fee hike. It is a category shift. I walk through the exact mechanism that hides this drain in your statement. I use data from my thirty-brand portfolio to show where the leak happens. I break down the three moves that catch it early. This is for Amazon FBA sellers who want to protect their cash flow. It is for ecommerce operators who are tired of guessing why their numbers slipped. The pain is real. The fix is simple. You need to audit your payment processing. You need to check your card category shifts. You need to spot the reclassification before it eats your profit. This episode gives you the framework. It gives you the checklist. It gives you the timing. Listen now to stop the silent drain. The High Voltage Business Builders Podcast is where we keep you ahead of the platform. One clear next step. Open your last three payment statements. Look for the category change. That is where the money is hiding. Do it today. Do not wait for the next quarter. Your margin is not passive. It is active. It is yours. Protect it. See your Amazon numbers in one place and protect your margins with Caiman AI at voltagedm.com: https://voltagedm.com?utm_source=rss&utm_medium=show_notes&utm_campaign=ep383&learn_mcp=1

385: No Margin, No Mission: Building Nonprofits That Last (Cecilia Haag)Episode SummaryNonprofit leaders are told that the urgency of the mission will carry the organization, and that financial and operational discipline is something the corporate world worries about. Cecilia Haag, President of Thompson Impact Consulting, came out of that corporate world, joining the 140-year-old human services organization Thompson as Chief Strategy and Innovation Officer after watching it decide to take its model across six to seven southern states. She walks through what that growth actually required: a Tennessee expansion that added roughly a hundred staff at once, a Network Integration Mapping process so nothing is missed when a new program opens, a ninety-day minimum before anyone expects footing, and a weekly, monthly and quarterly operating rhythm that starts with how the team won the week. She also names the red flag that ends a partnership conversation, an unwillingness to talk about what the work actually costs. Listeners will walk away with a working definition of discipline, a short list of the numbers worth watching, and a case for building leaders before the opening exists.About CeciliaCecilia Haag is President of Thompson Impact Consulting, the practice that grew out of Thompson, a 140-year-old human services organization founded in Charlotte and now operating across the South. She spent most of her career in the for-profit sector helping growing organizations build the infrastructure to scale, and was at Insperity when Thompson became one of her clients during the COVID and social justice period, watching the organization work through the strategic planning that set its growth path. She joined as Chief Strategy and Innovation Officer, spent her first years examining where Thompson could absorb more growth, and helped carry the mission into new markets including Tennessee and Seminole County, Florida. When peer organizations started asking how Thompson had done it, Thompson Impact Consulting was the answer. A mother of a high schooler and a middle schooler, she runs her own year on a Full Focus Planner and sits down with her husband every couple of years to decide where the family is headed.ResourcesThanks to our podcast partner, Inperium: inperium.orgConference for NC Nonprofits, October 20-21, 2026 in Concord. Use code PATH26 for discount: ncnonprofits.org. Already a member? Use code PATHMEM for $100 off through October 19!Cecilia's LinkedIn; Thompson Impact Consulting: thompsonimpact.comChop Wood, Carry Water by Joshua MedcalfThe Advantage by Patrick LencioniFollow Your Path to Nonprofit Leadership, and please leave a review!Leadership resources at Armstrong McGuire: ArmstrongMcGuire.com

Ditch the brown bag Boyz, IT'S TIME TO WIN. Club talks Santi Claus bringing presents, Wet Hot American Slumber, return to form, and less! #Crew96 #R96TSCheck links below: Disrespected: www.thedisrespected.comPursuit: @pursuityourselfHanif Abdurraqib: @NifMuhammadBird: @cgmaciel.bsky.socialCapyBrava: @capybrava.bsky.socialhttps://ahernandezart.comBecome part of the Discord family: discordecke.soccerSupporter Supply: https://www.supportersupply.co/  Code for free delivery:  upper90boyz (that's boys with a Z)Minnows: https://linktr.ee/minnowshttps://sirkbook.com/https://nordecke.com/Podcasts are available on Spotify, Apple Podcast, and all podcast apps. Now on YouTube, with video, and the faces!  Not seeing us somewhere? Email us Check us out on our Social Media Platforms and feel free to email us! We're totally literate and will 100% read anything you send, promise.Songs by Nick Tolford and Company https://ntac.bandcamp.com/track/boys-night-outSIGN UP TO BE PART OF THE NORDECKE!  Here - https://nordecke.com/Subscribe to our channel for more soccer content:-Email us:  podcast@upper90club.com-Follow us on Twitter: https://twitter.com/Upper90ClubPod-Like us on Facebook: https://www.facebook.com/groups/upper90clubpod-Follow us on Instagram: https://www.instagram.com/upper90clubpod/-Apple Music: https://podcasts.apple.com/us/podcast/upper-90-club/id1647214221-Spotify: https://open.spotify.com/show/1xnYAtnQ8tThdn5JWX6c24-Linktree: https://linktr.ee/upper90clubpod#VamosColumbus | #Crew96 | #Upper90Club | #R96TS#SoccerPodcast #Podcast #ColumbusCrewPodcast

Send us Fan MailA 40% Amazon margin can shrink to almost nothing once the real costs start stacking up.In this episode of the Mad Growth podcast, Noah Wickham sits down with David Schomer, CEO of Build Grow Scale, to talk about the numbers behind profitability, smarter product choices, and lessons from launching nearly 3,000 SKUs.The conversation covers why some products fall apart after fees, why harder-to-ship products may be worth the trouble, and where AI fits into e-commerce in 2026.David Schomer and Build Grow Scale share more on Shopify and brand growth:https://www.linkedin.com/in/david-schomer-b08a0a41/Get help from My Amazon Guy to grow Amazon sales:https://bit.ly/4jMZtxu#AmazonFBA #AmazonSeller #Ecommerce #AmazonPPC #ArtificialIntelligenceWant free resources? Dowload our Free Amazon guides here:Your $1M Roadmap is here!: https://bit.ly/3SBO7VkDownload the 2026 Amazon AI Operating Manual: https://bit.ly/3SLmusPAmazon Receiving Delay Guide: https://hubs.ly/Q04cdD4c0Amazon Catalog Spring Cleaning: https://hubs.ly/Q046BVfp0Amazon Proft Margin Defense 2026: https://hubs.ly/Q042trRH0Amazon SEO Toolkit 2026: https://bit.ly/4oC2ClTAmazon Seller Strategy Report 2026: https://bit.ly/3YN1RME2026 Ecommerce Website & SEO Readiness Checklist: https://hubs.ly/Q04btghf0Amazon 2026 PPC guide: https://bit.ly/4lF0OYXTimestamps00:45 - David Shommer's Journey from M&A to E-Commerce04:49 - Why Revenue Can Mislead E-Commerce Sellers07:29 - The “Fail on Paper” Exercise for Product Launches11:29 - Why Sellers Should Stop Launching “Me Too” Products13:01 - Opportunities in Oversized and Custom Products18:12 - How AI Is Changing E-Commerce in 202621:41 - AI Content vs. Real Human Content23:51 - Will AI Replace People in E-Commerce?26:56 - Why E-Commerce Is Just Getting Started-----------------------------------------------------------------------------------------Follow us:LinkedIn: https://www.linkedin.com/company/28605816/Instagram: https://www.instagram.com/stevenpopemag/Pinterest: https://www.pinterest.com/myamazonguys/Twitter: https://twitter.com/myamazonguySubscribe to the My Amazon Guy podcast: https://podcast.myamazonguy.comApple Podcast: https://podcasts.apple.com/us/podcast/my-amazon-guy/id1501974229Spotify: https://open.spotify.com/show/4A5ASHGGfr6s4wWNQIqyVwSupport the show

Malik Stevens believed what everyone says about TPAs. Then he ran five fire claims in six weeks, and the first one billed almost $60,000.In this episode, host Clinton James sits down with Bobby Thomas, CEO of Extreme Services, and Malik Stevens, a Louisiana owner converting his independent company into an Extreme franchise. Bobby came up from carpet cleaning to technician to owner and runs corporately across five states. Malik covers Lafayette, New Orleans, and Baton Rouge.You'll walk away with:Why the margin vs. volume argument doesn't hold up once you run the numbersHow to find margin on a job when the obvious line item isn't billableWhy getting approvals before work starts ends billing fights before they startHow tighter documentation on program work improved every job they runWhat the independent side actually costs you in waiting, guessing, and unpaid workWhy Bobby caps his franchise growth on purposeSubscribe to Restoration Pros Unplugged and visit restorationprosunplugged.com.Running a restoration company and want to get more jobs from your online marketing? Book a free discovery call with Water Restoration Marketing at https://waterrestorationmarketing.com/discovery-call/

https://directtoconsumer.typeform.com/DTC-Brand?utm_source=podcast-643&utm_medium=podcastTo Subscribe to DTC Newsletter - https://dtcnews.link/signuppilothouse.coIn 2020, Amazon's fees ran about 26% of your product cost. Today they run 34 to 40%, and once you add advertising most brands are at 50 to 60% before they reinvest a dollar. For the first time in years, the number of sellers on Amazon is shrinking.Tyler, head of Amazon at Pilothouse, is back to explain what he calls the Amazon paradox: you can't afford to be on Amazon, and you can't afford not to be.If you sell on Amazon, buy Amazon ads, or keep putting off the decision to launch there, this is the operator's version of the math.What you get:Where the 40% actually goes, and which parts of it you can still fightThe hidden fee stack (long-term storage, inbound, freight, returns, chargebacks) that quietly takes another 5 to 8% of margin, one fraction of a percent at a timeReimbursements: Amazon loses and damages inventory and wrongly charges you for it, and will pay it back if you dispute it. Most brands never doAGL / AWD, shipping straight from your manufacturer into Amazon's fulfillment network, and the 2 to 5% freight savings that comes with itWhy the April 15 change (Amazon pulling ad spend out of your disbursement instead of your credit card) is a cash flow problem, not an ad problemThe death of the middle: half of Amazon's GMV now sits with roughly 8,000 sellers, down from 15,000, and what changed in the algorithm to cause itCosmo and what comes after A9: why external traffic into your listing now reads to Amazon as brand authorityNike showed up. What happens to the small sellers who used to feast on big brands' unconverted branded searchTACoS as a vanity metric, and the three-report method (SQP, Helium 10 rank, ad spend) that shows whether your ads are driving incremental sales or paying for organic ones you already hadRufus is now Alexa for Shopping, most people use it on the product page rather than in search, and what that means for your listing copyWhat Tyler expects out of Amazon Accelerate 2026Who this is for: Amazon sellers, DTC founders weighing the channel, and anyone managing Amazon ad spend.What to steal: the reimbursement audit, the AGL freight move, and the zero-sale keyword sweep on your last quarter of ad spend.Timestamps:00:00 The Amazon Paradox04:00 Why Amazon Is Getting More Expensive10:00 Hidden Amazon Fees Hurting Margins15:00 Why Brands Still Need Amazon21:00 How to Make Amazon Ad Spend More ProfitableSubscribe to DTC Newsletter - https://dtcnews.link/signupAdvertise on DTC - https://dtcnews.link/advertiseWork with Pilothouse - https://www.pilothouse.co/?utm_source=AKNF643Follow us on Instagram & Twitter - @dtcnewsletterWatch this interview on YouTube - https://dtcnews.link/video

Book a free strategy call to see how we can help you hit your goals and beyond: https://bit.ly/4b0wLaZ or call us at: (214)-453-1591 Get Predictable Calls From Proven Direct Mail Campaigns. Learn more about CertainPath's Lead Generation Direct Mail programs — for members AND non-members. Click here for a FREE Market Analysis: https://mycertainpath.com/lead-generation-request/?utm_source=youtube&utm_medium=video&utm_campaign=tsc227 ------------------------ Two years ago he drove home from Oregon broke, unpaid for seven weeks of work. Last year he sold and installed $1,011,000 in electrical — out of one van. Mike Howie is a service technician at Travis Electrical Service in Clarksville, Tennessee. He does the selling and splits the installs 50-50. He did $612,000 one year and $1,011,000 the next — two years into residential service, in a middle-America market. He had about ten years in electrical first: an industrial apprenticeship, then a service shop that, in his words, “threw you out in the wind.” A three-week job became seven unpaid weeks in Texas and Oregon. He nearly lost the house, his wife's car was impounded, and he lost his mom in the middle of it. He found Travis on Indeed, emailed the owner's wife from Oregon, and she kept telling him one thing: “Just get home.” Then six months of ride-alongs and CertainPath training before anyone handed him a van. What changed between $612,000 and $1,011,000 was operational as much as personal. Travis added installers halfway through the year, anything over $1,000 started handing off, and Mike got into more houses. The rest of this conversation with host Bob Houchin is his entire service call, line by line. In this conversation, you'll discover: • Why adding an install team took him from $612,000 to $1,011,000 • The six-month onboarding most owners skip — and what that patience actually bought • Why he never finishes the troubleshoot, and the one question he asks instead • The chain-link analogy that makes a backstabbed outlet obvious to a homeowner • How he positions financing before the sticker shock lands • “First person that talks loses” — and the fifteen minutes he sat in total silence Whether you run an electrical, HVAC, plumbing, or roofing company, Mike's process shows how one well-trained technician turns ordinary service calls into a million dollars a year. Watch on YouTube or listen on your favorite podcast platform. And don't forget to subscribe to The Successful Contractor for more interviews that move the needle. About the Show The Successful Contractor is a podcast for residential HVAC, plumbing, electrical, and roofing contractors. Hosted by Bob Houchin, each episode features real contractor growth stories, hard-won business insights, and practical takeaways for building a profitable home services company. Meet the Host Bob Houchin has spent 20+ years immersed in the home services industry — listening to, learning from, and serving the people who run it. As host of The Successful Contractor, he's interviewed hundreds of the brightest minds in the trades. Beyond the mic, Bob is a Senior Strategist at CertainPath, building the training, onboarding programs, keynotes, and playbooks used by 1,200+ residential service companies. His motto: smart contractors learn from their mistakes; wise contractors learn from the mistakes of others. About CertainPath CertainPath is a business coaching and training organization that has built successful home service businesses for more than 25 years. We serve 1,200+ member companies across HVAC, plumbing, electrical, and roofing with professional coaching, training for every role, software solutions, and a vendor partner network that delivers millions in member rebates every year. Doubling your sales with a 20% net profit and an inspiring company culture is ALL possible. With CertainPath, Success is Made Certain. Connect CertainPath: https://www.mycertainpath.com FOLLOW CERTAINPATH Facebook: https://www.facebook.com/CertainPath LinkedIn: https://www.linkedin.com/company/certainpath Instagram: https://www.instagram.com/certainpath/ 

If you spend the next thirty minutes with me, you'll learn how to streamline your Amazon product research and protect your margins. Amazon's AI shopping assistants are already shaping buyer recommendations, and if you're not adapting, you're losing ground. I've seen this firsthand across my thirty-brand portfolio. Ashley came to us struggling to break $10,000 a month, despite having a solid product and decent margins. She had a listing audit that revealed critical flaws. By running a human audit on her listings, she transformed her approach. I'll share three actionable moves that work for sellers at any level, whether you're doing $5,000 a month or $500,000 a month. You'll discover how to improve listing clarity and sourcing discipline simultaneously. Don't let outdated practices cost you margin. Listen now to take control of your product research and boost your business. Search phrases: Amazon product research, AI shopping assistants, improve Amazon listings. The High Voltage Business Builders Podcast. Implement with us. Join the Voltage Business Builders cohort at voltagedm.com: https://voltagedm.com?utm_source=rss&utm_medium=show_notes&utm_campaign=ep375

Margin isn't just about having more free time. It's about having enough room in our lives to respond faithfully instead of constantly reacting from depletion.In this episode of Student of Life, I reflect on a recent moment with my daughter that helped me recognize just how stretched I had become. We explore margin financially, emotionally, mentally, physically, spiritually, and relationally and the tension between learning to say no and still being willing to sacrifice when obedience requires it.Looking briefly at the rhythms of Jesus, this is an invitation to pay attention to where we're depleted and ask whether some of the pressure we're carrying requires more than another prayer for strength. Maybe it also requires making some room.

Ben Criddle talks BYU sports every weekday from 2 to 6 pm.Today's Host: Ben Criddle (@criddlebenjamin) and Co-Hosts: Subscribe to the Cougar Sports with Ben Criddle podcast: Apple Podcasts: https://itunes.apple.com/us/podcast/cougar-sports-with-ben-criddle/id99676

Protecting provider margins has never been easy. But today's combination of policy shifts, reimbursement changes, labor pressures, and evolving care models is forcing health systems to rethink where margin comes from and how to sustain it. In this episode, Abby Burns sits down with Optum Advisory's Samantha Wyld and Jess Garber to explore how both sweeping policy changes and smaller regulatory updates are reshaping margin management. Through real-world examples, they unpack three areas of opportunity: pricing strategy, clinical documentation and coding, and capturing economies of scale many organizations have yet to realize. Together, they explain why yesterday's margin playbook is no longer enough and what it takes to take a more strategic approach to financial performance. We're here to help: Expert Insight | 5 assumptions executives make about revenue cycle (and what to do instead)a>Expert Insight | 6 strategies to improve your operating margins and financial resiliencea>Ready-to-Use Resource | Mapping AI's real role in the revenue cyclea>E-book | 5 Provider Strategies to Help Improve Your Margins | Optuma>Podcast | 303: The hard truths behind the fight for commercial volumesa>Podcast | [Encore] How data savvy strategic planners will define the next era of health system growth Get in Touch | Optum Advisory: Healthcare Consulting Services Sponsor link: Quick Guide | Rethinking iodine contrast use: A stewardship maturity model A transcript of this episode as well as more information and resources can be found on RadioAdvisory.advisory.com.

If you've ever tried to day trade stocks, you've probably run into the requirement to keep at least $25,000 in your brokerage account just to trade actively. For more than two decades, that threshold, and the Pattern Day Trader rule behind it, governed how investors could access margin for day trading. But markets have changed dramatically since 2001, and earlier this year, FINRA replaced the Pattern Day Trader rule with a modern, risk-based framework under FINRA Rule 4210—the Intraday Margin Standard. On this episode, Racquel Russell, Director of Capital Markets Policy and Head of the Office of Financial and Operational Risk Policy, and James Barry, Senior Director, Credit Regulation, tell the story behind that change: why the old rules existed, why they stopped working, and what the new framework means for investors and member firms. Resources mentioned in this episode: FINRA Rule 4210 Interpretations of Rule 4210 Investor Insights: Know What Triggers a Margin Call Investor Insights: Frequent Intraday Trading: Understanding the Basics Investor Insights: Understanding the New Intraday Margin Requirements Reg. Notice 26-10: FINRA Adopts New Intraday Margin Standards Reg. Notice 24-13: FINRA Requests Comment on the Effectiveness and Efficiency of its Requirements Relating to Day Trading FINRA Forward FINRA Forward: A Year of Progress Blog Post: FINRA Forward's Rule Modernization—An Update Blog Post: Vendors, Intelligence Sharing and FINRA's Mission Blog Post: FINRA Forward Initiatives to Support Members, Markets and the Investors They Serve Blog Post: A Progress Update on Rule Modernization Find us: LinkedIn / X / YouTube / Facebook / Instagram / E-mailSubscribe to our show on Apple Podcasts, Google Play and by RSS.

Struggling trying to find a little freedom in your budget because it's feeling way too tight, you just can't seem to get ahead? Don't fret because there's a factor that can help you get ahead if you can detect and leverage it. It's called margin and it's the key to advancing in a positive financial direction rather than falling farther behind.  Links: Check out TCU University for financial education tips and resources! Follow us on Facebook, Instagram and Twitter! Learn more about Triangle Credit Union Transcript: Welcome to Money Tip Tuesday from the Making Money Personal podcast.   Have you ever looked at your budget and thought, “Where does all my money go?” You're paying the bills, covering everyday expenses, making your minimum debt payments—and somehow, there never seems to be anything left over.  Today, we're talking about a simple but powerful concept that can change the way you manage your money: margin.  So, what exactly is margin?  Margin is the money you have left after your income covers your essential expenses and regular financial commitments. Think of it as breathing room in your budget.  For example, if you bring home $4,000 a month and your necessary expenses total $3,600, you have $400 of margin.  That $400 is important because it gives you options.  Without margin, an unexpected expense—a car repair, medical bill, or higher-than-usual utility bill—can quickly lead to using a credit card or taking on additional debt.  But when you have margin, you have money available to handle those surprises without immediately reaching for credit.  And here's where margin becomes especially powerful: it can help you pay down debt faster.  Let's say you have $400 left over each month after your regular expenses. You could use that money to make an additional payment toward a credit card, personal loan, or other debt.  Even an extra $100 or $200 a month can make a meaningful difference over time.  But here's the important part: don't think of margin as money that you have to spend. Think of it as money you get to direct intentionally.  Maybe your first goal is building a small emergency savings cushion. Once you have that foundation, you can direct more of your monthly margin toward your highest-interest debt.  For example, imagine you have a credit card balance of $5,000 with a high interest rate. Your minimum payment may keep the account current, but it may take years to pay off the balance.  Adding an extra $200 to each payment every month can significantly accelerate your progress and reduce the amount of interest you pay over the life of the debt.  So, how do you create margin if your budget currently feels tight?  Start small.  Take a close look at your monthly spending and separate your expenses into three categories: needs, commitments, and wants.  Your needs might include housing, utilities, groceries, transportation, and insurance.  Your commitments could include debt payments, subscriptions, or other recurring expenses.  And then there are the wants—the purchases that aren't necessarily essential but that can add up over time.  Look for just a few areas where you can make small adjustments.  Maybe it's eating out one less time each week. Maybe you cancel a subscription you aren't using. Maybe you set a weekly spending limit for discretionary purchases.  You don't have to completely eliminate the things you enjoy. The goal is to create intentional spending so that some of your income has a purpose before you spend it.  And remember: margin isn't about being restrictive. It's about creating freedom.  When you have margin, you're less likely to live paycheck to paycheck. You have more flexibility when something unexpected happens. And you have an opportunity to make progress toward bigger financial goals.  So, if you're trying to pay down debt, don't just ask yourself, “How can I make a bigger debt payment?”  Ask yourself, “How can I create more margin in my monthly budget?”  Then give that margin a job.  Build your emergency savings. Pay down high-interest debt. Work toward a financial goal. Or eventually, give yourself room to save for something you've been putting off.  The goal isn't a perfect budget.  The goal is a budget that gives you breathing room, choices, and a path forward.  Because when you create margin, you're not just finding extra money.  You're creating financial flexibility—and putting yourself in a stronger position to take control of your debt and your financial future.  Thanks for listening, and remember: small changes can create meaningful progress when you make them consistently. 

What does it look like to truly make your faith your own? Some of us may have grown up as a pastor's kid or in a devoted churchgoing family, while others pursued God on their own without the support of family or friends. No matter what your background looks like, everyone has their own path toward making the decision to have their own personal relationship with Jesus. At six years old, Lisa Whittle made that decision. Ever since then, she's been living out her faith by putting Jesus first every single morning. Join hosts Eryn Eddy Adkins and Vivian Mabuni for this inspiring God Hears Her conversations as they gain insight from Lisa about how to keep Jesus above everything else.  Guest Bio: Lisa Whittle is the bestselling author of multiple books and Bible studies, including Jesus Over Everything and her latest, Body & Soul. She is a sought-out Bible teacher for her wit and bold, pragmatic approach. She is the founder of several online communities, a seasoned book and ministry coach, and host of the popular Jesus Over Everything podcast. She's a wife, mom, lover of laughter, good food, and the Bible, and she is a self-professed feisty work in progress.  Notes and Quotes:  “That's been the question my entire life: Who do I love more, me or Jesus?” —Lisa Whittle  “I've had to make many moments of decisions to choose God over and over again.” —Lisa Whittle  “It's a daily complacency and not choosing God that leads us down a different path.” —Lisa Whittle  “Anything that I have felt compelled to give up is because there has been a blessing on the other end. There's nothing that we could give up on this earth that is better than knowing Christ.” —Lisa Whittle  “We either believe that the prize is heaven or not.” —Lisa Whittle  “The reality is that busyness kills relationships more than anything else, and this applies to our relationship with Christ. Margin is what we need the most to be able to hear the voice of God.” —Lisa Whittle  “God really did a work in me to show me how my spiritual formation had been through the hurts and the healing through the body of Christ.” —Lisa Whittle  “I don't need to know where God is because He knows exactly where I am.” —Lisa Whittle  Verses:  Job 23  Related Episodes:  GHH Ep 13 – Enjoying and Exploring Scripture with Meghan Larissa Good: https://godhearsher.org/podcast/enjoying-and-exploring-scripture/ GHH Ep 131 - Jesus, Be My Peace with Sharon Hodde Miller: https://godhearsher.org/podcast/jesus-be-my-peace/ GHH Ep 134 – Dwelling with the Lord with Sandra Byrd: https://godhearsher.org/podcast/dwelling-with-the-lord/  Links:  God Hears Her website: https://go.odb.org/sign-up-ghh  Subscribe to the God Hears Her YouTube channel: https://www.youtube.com/@GodHearsHerODBM Connect with Lisa Whittle: https://www.lisawhittle.com/ He's Still Good by Katie Dietz: https://godhearsher.org/shop/hes-still-good/  

Keith explores how real estate strategies have shifted from the 1980s to today and explains why investors need to adapt deal structures to changing interest rates, lending conditions, and market cycles.  He highlights current opportunities in new construction and builder rate buydowns, along with the long-term benefits of fixed-rate debt.  Keith is joined by economic futurist and author Richard Vague, who challenges conventional beliefs about inflation and interest rates and explains how government intervention, war, and supply constraints shape asset prices and leverage decisions. Together, they provide a big-picture framework for understanding how today's macro environment affects real estate investing decisions. Episode Page: GetRichEducation.com/621 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text  FAMILY to 66866  Join Mid South Home Buyers' one-time, free live webinar featuring Keith Weinhold on September 30 at GetRichEducation.com/MidSouth to learn how Memphis' economic expansion could create new real estate investment opportunities, and have your questions answered in real time. Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review"  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— GREletter.com  Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Keith Weinhold  0:01   Welcome to GRE. I'm your host Keith Weinhold. Learn how dramatically real estate has changed from the 1980s through the late 2020s. We'll be sure that your approach is changing with it. Then a great guest and I discuss how war and future calamities will affect mortgage rates, inflation, and your real estate today on Get Rich Education. What if I told you that one of America's strongest cash flow real estate markets is also becoming the new brains and brawn behind AI? That city is Memphis, believe it or not. In September 30th, we're going to show you why the smart money is paying attention now, along with an investing opportunity you won't want to miss. Join me, Terry Kerr and Matthew Van Horn of Mid South Home Buyers, the largest turnkey company in Memphis with more than 6,000 homes under management, for a free live webinar, the likes of which I've never done before. We're going to look at what billions in new investment could mean for jobs, housing demand, neighborhood appreciation, and your portfolio. Everyone who attends live will also get exclusive access to the best deal terms Mid South has ever offered. Reserve your free seat at getricheducation.com/midsouth. Again, that September 30th. Don't say we didn't tell you. Save your spot at getricheducation.com/midsouth.   Speaker 1  1:35   You're listening to the show that has created more financial freedom than nearly any show in the world. This is Get Rich Education.   Keith Weinhold  1:51   Welcome to GRE from Cambridge, England, to Cambridge, Massachusetts, and across 188 world nations. I'm Keith Weinhold. You're inside Get Rich Education. You could be doing anything with your time. I'm grateful that you choose to listen to me every week. You know, real estate investors sometimes say, "Ah, there aren't any deals anymore. What they usually mean is the deal structure that they learned five years ago stopped working. There are always opportunities in real estate, but your approach changes with interest rates, lending standards, inventory, construction, government policy, and just the overall economic cycle. The best investors don't wait for yesterday's market to return. That's like someone still hoping for Blockbuster Video Store to reopen. They identify what today's market is offering instead. Just consider this historic retrospective on real estate investing from the Reagan administration to today, in 1981, the 30-year mortgage rate peaked above 18.6%. I mean, just imagine proudly telling your friends that you locked in at 17% before rates went higher. That mortgage needed its own defibrillator. By 1984, rates were still near 16%. The strategy then, the approach, was for a buyer to assume the existing owner's lower rate mortgage that they locked in a few years earlier, perhaps in the late 70s, that's how you got a good deal, assuming that existing owners lower-rate mortgage. You can't do that so easily today.   Keith Weinhold  3:50   By the late 80s and early 90s, the opportunity shifted from assuming attractive debt to buying distressed properties. The S and L crisis was upon us. Savings and loan failed lenders found themselves holding piles of distressed real estate, so investors bought foreclosures and REOs at discounts. They improved neglected buildings and then they repositioned them for income. You probably know that REO stands for real estate owned on a bank's balance sheet. All REO means is bank-owned property, but that's what you did. You found those, and then you scooped up a deal that way. As the 1990s progressed, interest rates declined, and loans also became really easy to obtain. We were tilting into the loosey-goosey easy lending environment. In the 90s, it was popular to buy an undervalued property, renovate it, raise the rent, and refinance it based on the improved value. That process later got a buzzy acronym and became known as the Burr strategy: buy, rehab, rent, refinance, repeat. By 2005, financing got more creative. This is when I was a new real estate investor. I remember obtaining what were known as 8015 five combo loans. This meant an 80% first mortgage, 15% second mortgage, and 5% down payment. You remember those? If you've been around for a while, you do. And see, this way you could avoid paying PMI, and you could control property with an astounding 20 to one leverage ratio due to that 5% down payment, but soon enough lending just got absolutely too creative and easy. The quiet lending party turned into a boisterous kegger, delivering the 2008 financial. crisis, and pretty soon I could no longer get any loans. From 2009 through the early 2010s, you could buy foreclosures and short sales at enormous discounts if you could find the loan.   Keith Weinhold  6:20   Financing was tough, but prices were super low. It might have even made sense to pay cash at that time. Fear was everywhere right after the global financial crisis. I mean, it really took courage to act when others were hiding under the bed. By 2020 and 2021, the opportunity changed from cheap property to cheap money. Mortgage rates dropped below an absurd 3% as a result of the COVID pandemic. You could lock up extraordinarily cheap debt for less than the inflation rate, and then let inflation nibble away at it like Pac-Man. Of course, a lot of us are still benefiting from that today, but that opportunity is long gone now. But it doesn't mean that deals are gone today. Where's the opportunity? One of the best ones is often found in new construction, large build. have got to keep moving their inventory as they build these homes because they have got to keep their crews busy. An unsold house for a builder-I mean-that produces as much income as an unplugged Bitcoin miner. Rather than make conspicuous price reductions, builders use their financial muscle to buy down mortgage rates for you, often in the 5% range or even lower.   Keith Weinhold  7:52   Builders might also offer you closing cost assistance, upgraded finishes, or other incentives that a single resale seller just can't match. So from the Reagan administration to today, over 45 years, the winning strategy just keeps morphing. It started out back then as assume the loan, over to buy distress, then to renovate and refi, then it was a creative financing wave, and then cheap debt, and today take the builders buy down. That's where we are. The mistake is deciding in advance what a deal is supposed to look like. The best deal structure changes, and of course, it's going to change again. The investor who keeps fighting the last war is always going to conclude that the opportunity has disappeared, but it hasn't. It's just changed clothing. Still, though, today's new purchases now-they're not as good as the deals that they were five years ago, but the best investors keep investing. They keep adding to their portfolio. It's what they've always done. Absolutely zero winning investors that are successful over time look back and say things like, "I didn't add anything to my portfolio during that 10-year span for this or that reason, the market changes, and you've got to adapt with it. That's a way to think about it. Take solace in knowing a few things. Deal structure changes over time are inevitable. And larger picture, you are investing in a product that is sustainable residential real estate in the form of long-term rentals. These entry-level properties are a scarce asset that people are going to continue to need. I mean, that's what we do here. Just compare. To the fads that we avoid around here, like NFTs, metaverse real estate, which we discussed on the show a few years ago, but said is highly dangerous, eye buying, value add apartment syndications, SPACs, or how about ICO funded altcoins? We don't chase the latest hot thing here at GRE. It is about what's sustainable, necessary, and cannot be easily disrupted by AI, and that's one reason that Get Rich Education is still standing strong after 52 episodes every year for almost 12 years now. Shortly, we're going to bring in a rather esteemed guest today on the future direction of interest rates and inflation. Interestingly, he believes that raising interest rates does not cool inflation, and that's contrary to popular belief. I'm going to press him on this and ask why, but first, our new Fed chair, Kevin Warsh. He's only been on the job a few months now.   Keith Weinhold  11:07   He is gaining a reputation for not forecasting what they're going to do ahead of time, like his predecessor had. I guess I tend to like his disposition and the way that he communicates, I sense some pragmatism with Warsh, but gosh, it often seems that a new Fed chair gets off to a well liked start, and then they do something that lots of people criticize. Like, remember in 2004, late Fed Chair Alan Greenspan suggested more borrowers could benefit from adjustable rate mortgages shortly before rates rose and ARM resets became financial landmines. In 2007, Ben Bernanke said that subprime mortgage problems were likely to be contained. Oh, right after that, they helped trigger the global financial crisis, and more recently, the Jerome Powell gaffe, which I'll mention in the interview shortly. Here's what current Fed Chair Warsh says about inflation:   Kevin Warsh  12:14   For some households, businesses, and market professionals, five years of high inflation have left a mistaken impression, that's hard to shake, that the Fed's implicit inflation target was somehow above 2% Let me reiterate, there is no soft inflation target. There is no soft implicit target, not on this committee's watch. There's only a target, and it's 2%   Keith Weinhold  12:42   It's obvious that he is serious about getting inflation back down to 2% That tends to point toward interest rate increases. Let's discuss that and more with this week's brilliant guest. This week's guest is an economic futurist keynote speaker, and he's quite a popular author. He is chair of the board of the Public School Employees Retirement System. That's the largest public pension fund in Pennsylvania. Previously, the Pennsylvania governor appointed him as the secretary of banking and securities for the Great Commonwealth of Pennsylvania, he's also the founder and president of several various organizations today, and he serves on several boards, including at the University of Pennsylvania and the School District of Philadelphia. I mean, I hardly know how he has time to do it all, but he made time for us today. Hey, it's great to welcome back Richard Vague.   Richard Vague  13:45   It's such an honor to be with you. I certainly enjoyed our last session, and it's really wonderful to be back.   Keith Weinhold  13:51   Well, and so much has changed since you were last here, Richard. First, why don't we pull back and talk to us about the general state of the national economy today, as you see it.   Richard Vague  14:04   ou know the economy was rocking along okay, and you know since you guys are such experts in real estate, I'll tell you one of the most important statistics, in my opinion, is the number of unsold homes, and by all rights, that number should be about 2 million homes. It's only about a million and a half. So there's a deficiency in our housing stock in the United States, which is, yeah, I think good news for the housing industry. It's always good to have a reason to have to grow. You may recall that in 2007, that had gotten up to four millinomes, which was a catastrophe, as we all know. So, it's the economic statistic I looked at first and most closely, and that was, you know, an okay number, and a lot of the things were going along. You know, not fabulous, but not terrible. Things were kind of moving. And all of a sudden now we have the war in Iran, and that's creating all sorts of problems for us, which you know I think you guys are concerned about. So I generally think the economy's been good, but there's a lot of dark clouds on the horizon.   Keith Weinhold  15:15   You know, Richard, I was recently sharing something remarkable with our audience. To your point, just since 2020, consider all the calamities that we've had: COVID, Ukraine, Israel, Gaza, tariffs, and the Iran War. Just since 2020, what's the result of all that? Both stocks and residential real estate are near all time highs.   Richard Vague  15:42   Yeah, well, you know, one of the things that's true is that this is something I go to in great detail in my book Paradox. But the more debt there is, the higher asset prices go.   Keith Weinhold  15:53   Yeah.   Richard Vague  15:54   You know, in the case of housing, that broadly helps middle America. In the case of the stock market, the top 10% of the country owns 87% of the stocks, so that tends to go to the wealthiest instead of to the broad population. But yeah, those two things are at highs.   Keith Weinhold  16:12   You're touching on your well-received 2023 book, The Paradox of Debt, and you know, Richard, amidst all these calamities and all this potentially unprecedented level of government intervention that we've had-you know-it makes one wonder during the next crisis, which is inevitably going to happen, will the government just step in and provide relief again? And how would that look?   Richard Vague  16:38   You know, I think that's one lesson that government has learned indelibly. Way back in 1929, in the couple of years that followed, the government did not step in, and we saw what happened. And I think there's a generation of economists that understand the role of government in a calamity, and you know it's pretty simple. You know the government comes in and crops up financial institutions as they did in 2008, simply by providing the liquidity or buying the bad assets, or the government steps in with relief checks as they did in such a massive way in 2020. But the government has learned that at least to some degree, it needs to intervene. I can't imagine that ever not being true.   Keith Weinhold  17:26   Goshmright when you think about 2020s stimulus and how emergency lending facilities were set up, you had the payment protection program, stimulus checks, mortgage loan forbearance. It's just like this government won't let the asset holders fail.   Richard Vague  17:46   Well, yeah, you know, there's failure, and then there's something that's hurtful but not quite failure. You know, I can imagine that the government will be able to prevent, in some circumstances, certain asset prices going down some amount, it's actually fairly commonplace for stocks to go down 10 or 20% I can see real estate prices going down as they have in the commercial office space. Yeah, but yes, the government will step in when those things become extreme to prevent a true calamity.   Keith Weinhold  18:19   Of course, one consequence of the interventionism is elevated inflation. I know how you've talked before about how the level of inflation is higher than most people think. For example, you'll see today's CPI numbers in the mid threes. Talk to us some more about why inflation is higher than most people think.   Richard Vague  18:41   Well, I have studied inflation, you know, fairly diligently, and inflation really relates to the constriction of supply. And if you look over the 250-year history of the United States, we haven't had that many episodes of bad inflation, and they've always related to a constriction of supply. Most of them have occurred during a war when, for obvious reasons, you know, supplies are constricted. The big 1970s episode of inflation was because OPEC, which had so much more power back in those days, acted to you know punish the United States by constricting supplies, and the price of a barrel of oil went from $4 to $40 a barrel. Yeah, between 73 and 79. COVID was another instance where inflation related to constriction of supply. That was you know people couldn't go to the meat factory to cut meat. People couldn't go to the factories to build things, so all of a sudden our supplies were decimated, and we had a short burst of very painful inflation. Well, now we've got the straight of four moves, and that is impacting the price of oil. I think it's going to impact the price of oil more going forward because. Because we've been able to rely on reserves, both the U.S. has been able to rely on reserves, and China has been able to rely on even greater reserves. And you know we haven't seen the brunt of that, but unless something's resolved pretty quickly, I think in the fall and winter we're going to see even more problematic prices there. But we know agricultural prices and even the flow of commodities like wheat are constricted by the constraints in the Strait of Hormuz and, frankly, other waterways as well. Now, one of the things the numbers that you see reported tend to underreport inflation because it looks at a year-over-year number and doesn't really capture it if it's moved up more sharply in the last month or two. So we look at it on a month-by-month. We you know we break it down about as to as many parts as you can break it down into. But PPI, which is kind of a leading indicator on the eventual CPI PPI's producer price index, it was 4.7% this last month. That would suggest to you that things which are in the mid threes now, which is more higher than we want, you know, probably trending over. Maybe not next month, but you know, over the next three to six months, I'm not going to be surprised if the number's more in the four to five range. So, yeah, I think inflation's being somewhat underreported at the moment.    Keith Weinhold  21:29   The PPI being that harbinger of consumer prices, often four to six months down the road. And Richard, the last time you were here, when it comes to checking and controlling inflation, you said something so interesting. You said that higher rates, which is typically the response in order to try to quell inflation, higher rates actually do not lower inflation, and you did not get a chance to expand on that because we ran out of time. Tell us more about why higher rates do not reduce inflation.   Richard Vague  22:05   Well, I'm going to answer that a couple of ways. One of them is higher rates don't open the Strait of Hormuz.   Keith Weinhold  22:12   Right.   Richard Vague  22:13   You can put rates as high as you want, and it's not going to open the Strait of Hormuz.    Keith Weinhold  22:16   Chairman Warsch doesn't open the Strait. Yes, he doesn't get oil produce nothing.   Richard Vague  22:20   Strait of Hormuz.   Keith Weinhold  22:21   Yeah.   Richard Vague  22:21   And so we can do all we want to on raids, which is a very blunt instrument, and it's not going to address the supply constraints that are geopolitical and war related. So, if you want to curb inflation right now, there's two things to do. One of them's you know end the war with Iran, and the other is to kind of back off a lot of these tariffs that have become so problematic. I think there's a place for tariffs. I think there's certain things China's doing that you know a call for an appropriate level of tariffs. I'm not sure we should be big tariffs on Canada and some of these other places, which have the effect of increasing the cost of our farm equipment and cars and other things like that. So, if you really want to address inflation and address the things that truly underlie inflation, and if the second way I'd answer this is to say, go look at the debt, track the data from you know 1945 or 50. You know, we really look at the post World War II period as the place we really learn things from, and over that period, increased government spending has been accompanied by reduced interest rates and reduced inflation. So, reduced interest rates and reduced inflation have gone hand in hand, and rising interest rates and rising inflation have gone hand in hand, and it's a really easy thing to look at. We've got the data on our site, but there's only been three periods where you've had big shifts in government spending and rates. They're pretty easy to look at, and there's actually empirically an inverse relationship between rising interest rates and it's the opposite of what economists tell you.   Keith Weinhold  24:09   I think, in general, economists tell us that when inflation is high, you raise interest rates because consumer spending is about 70% of the economy, and those higher rates therefore incentivize people to be savers because they're getting paid a higher yield, keeping those dollars out of the economy, and they're less incentivized to be borrowers and expand the economy that way. I think in general that's why economists say that higher interest rates reduce inflation. Do you agree with that?   Speaker 2  24:40   Well, no, I don't, and the reason I don't is because when you look at the data, that doesn't happen. These are easy things to check, and what I would say to you is that rising interest rates increase costs, and you guys know that better than anybody in the world.   Keith Weinhold  24:56   With mortgages. Yeah.   Richard Vague  24:58   What do rising interest rates do to? Cost of your mortgage.   Keith Weinhold  25:02   Everything increased substantially.    Richard Vague  25:03   It has system prices at the grocery store. Well, the grocery stores have to pay our interest for their inventory. So the more intuitive and obvious thing is that rising interest rates increase prices. And by the way, if you and I were to go look at the data right now, which I look at almost daily, that we would see periods of rising interest rates correlate to periods of rising increased costs.   Keith Weinhold  25:29   Well, I'm glad you look at history because I often say here at Get Rich Education, if you want to know what's going to happen in the future, it's easy to have a hunch, but it's more important to look at history. Can you talk to us some more about how, over the long term, higher interest rates don't suppress inflation? If that's what you're saying,   Richard Vague  25:47   yeah. The greatest rise in inflation, you know, in my lifetime was the late 1970s.   Keith Weinhold  25:55   Yeah,   Richard Vague  25:56   and for the entire time that interest rates were going up, prices and inflation were going up, and it wasn't until interest rates started coming down that inflation started coming down. So we could look at any number of periods, and if you're going to argue the opposite, you need to go find me some data.   Keith Weinhold  26:15   Okay. Well, speaking in more modern times, in the last wave of inflation that we had, the CPI peaked at 9.1% in June of 2022. This is the whole famous Jerome Powell: inflation is only transitory. Oh shoot, no, it's not. I better hike rates. He did, and then inflation came down. Is it as simple as that cause in effect, or did something else make inflation come down post COVID.   Richard Vague  26:42   Inflation came down, and it came all the way down in July of 2022. It didn't come down gradually over six, 912, 18 months. You go look at the length monthly inflation. Inflation came all the way down in July of 2022, and stay has stayed down all the intervening period until very recently with the Iran War. July of 2022 was before there was a dramatic increase in interest rates.   Keith Weinhold  27:18   Right,   Speaker 1  27:19   that's simple.   Keith Weinhold  27:21   What caused inflation to come down? Then is it because supply began to arrive on the market again?   Richard Vague  27:27   People went back to work, started building things again.   Keith Weinhold  27:30   Producing.   Richard Vague  27:32   And the problem was folks had not been able to go to the factories and make things, and so we had a you know global supply deficit. Well, the nice thing about that is that you know money incends people to scramble back to work, make things again, and you know once they start doing that, and the Fed actually produces something they call the Global Supply Chain Pressure Index. You can get it on the Fed site. If you look at it, it's supposed to be kind of at zero, and anytime supply chains are disrupted, it shoots up. And any you know, any time the opposite happens, you know there's overcapacity. It goes down, and you can see exactly when supply chains repair is happening. So go look at the. It's called the GSCPI. It's on the Fed side. You'll see that global supply chains had largely started to be dramatically repaired in the spring and summer of 2022, and naturally, supply and demand works. All of a sudden, supply starts showing up, and prices go to hell.   Keith Weinhold  28:39   We're talking with economic futurist author and Pennsylvania's governor-appointed former secretary of banking and securities Richard Vague, more when we come back on the affliction of inflation, what this means for real estate investors, and more. This is Get Rich Education. I'm your host Keith Weinhold. What if you got your mortgage loans the same place I get mine. You sure can at Ridge Lending Group NMLS 42056. They provided GRE listeners with more loans than anyone because Ridge specializes in investment property. They'll help you build a long-term plan for growing your real estate empire with leverage. Start your prequal and even chat directly with President Caeli Ridge. While it's on your mind, start at ridgelendinggroup.com. That's ridgelendinggroup.com.   Keith Weinhold  29:29   Let me ask you something: If you've worked hard to build wealth, is your money positioned to actually support your goals? A lot of accredited investors leave capital sitting in cash because it feels safe, but inflation and missed income opportunities can quietly erode its value. Freedom Family Investments offers freedom notes for investors seeking structured income backed by real estate. It's a straightforward approach built on real assets, not speculation. In full disclosure, I'm an investor myself. What I like is that their team walks you through how it all works, so you can decide if it aligns with your portfolio and income goals. Every investment carries risk, and nothing is guaranteed. But with a track record of consistent, on-time investor payouts, they built real credibility. Go to freedomfamilyinvestments.com to book a clarity call or text family to 66866. That's family to 66866.    Dolph Derues  30:31   This is the king of commercial real estate, Dolph Derues. Listen to Get Rich Education with Keith Weinhold and don't quit your daydream.   Keith Weinhold  30:45   Welcome back to Get Rich Education. We're talking with Richard Vague. Richard is the founder and president of so many organizations today. He's the author of several popular economic books. He chairs the board of the Public School employees retirement system. That's the largest public pension fund in Pennsylvania. He's in a lot of places at once, seemingly. Richard, we're talking about inflation before the break. What is the right inflation rate?   Richard Vague  31:16   Well, like I said, inflation. If you look at the entire 250-year span of the United States has it been an affliction that has affected us that often? It is political kryptonite. So when it does happen, it steers our consciousness, and it you know certainly affects your industry. But you know, if we look historically, the Fed targets 2% It's not a bad thing to target. We never really have achieved that level for any length of period. I think if you look at it over the past several decades and take out the high inflation periods, it probably has averaged closer to three. So I don't think two to 3% is an inappropriate level, and I kind of suspect it'll be a level that typifies our future once we get past, if and when we get past this more.   Keith Weinhold  32:09   Yes, not long ago, I was looking at the history of the CPI or the CPI's equivalent, and over the last 100 years, the rate is about 3.2% and we haven't hit that government-mandated 2% target, which is stated right on the Fed's website. We haven't hit that for any month in about five years now, and this asset inflation, as we know, this disproportionately enriches existing asset owners, and it widens this inequality. Something that's more recently been known as the K-shaped economy, can you talk to us some more about this exacerbating wealth inequality?   Richard Vague  32:48   Well, you hit the nail on the head. Something on the order of 80% of all the net wealth held by Americans is in the form of two things: stock and real estate. If you want to talk about wealth, it's those two things, and those two things, probably 60 or 70% of all of those in the U.S. are held by the top 10% I think it's a single-digit number of those that are held by the bottom 50% So you know, if inflation and debt growth push asset prices up over time. It is a mathematical inevitability that the rich get richer faster than those in the middle and at the bottom, and that simply means inequality will increase through time. I believe that's structural. Unless you address that in very some very specific way it will continue.   Keith Weinhold  33:43   Inflation affects real estate investors more than it does the average person because we borrow these big pools of money often at 75 to 80% loan to value, and in a sense, although we know it's bad for general society, and we do think about the K-shaped economy. Of course, inflation benefits us because it debases our debt. But even if you're not a real estate investor, even if you just own your own home, you know, Richard, I really think it begs the question: Is a 30-year fixed-rate mortgage one of the best forms of debt ever created for ordinary Americans?   Richard Vague  34:22   The 30-year mortgage, which was created, you know, that started on that path in the 1930 s for the very reasons we all know and love, which is getting Americans to own their own home, and has been, you know, a game changer for the country, and truly one of the great things that's been done, and I hope it's something that we continue to defend and preserve.   Keith Weinhold  34:46   Well, that brings up leverage and the prudent use of leverage. As real estate investors, we have this benefit of getting all these 30-year fixed-rate loans without the threat of a. Margin call being made. We're not borrowing over in the stock market. When you sign your loan documents, it doesn't say that the bank can call your note due at any time, but one could take it too far. And when it comes to debt, I think that really begs the question: Where does intelligent leverage end, and then dangerous leverage begin. What's the border?   Richard Vague  35:25   Well, you guys are experts, and I'm not. But the very simple premise is starts with not overpaying for the property to begin with. It is not an exact science, but generally speaking, I think we can tell when prices are relatively high in a given market and or a given year and relatively low, and you you'd always want to kind of be at least in the middle or somewhat on the low end before you acquire a property. So that's step number one, and then step number two is really just giving yourself a buffer, you know. We saw in the global financial crisis that real estate loans were being made in some cases at 100% of value. Yeah, and frankly, we saw at least some episodes within that folks borrowing over 100% of value, and certainly they were very happy when that happened. But we know there's zero margin for error when you do that, and perhaps even a negative margin for error when you do that. So I would think, you know, you guys know better than me, but you know, I hate to borrow it much more than like 90% of value, maybe 95% if it's a smaller asset and you have a government guarantee, and if you can do it at lower leverage, you know, 70 or 80% of value, that's not a bad thing to consider. I tend to think in the real estate world that you know I've seen many investors, particularly in the commercial space, buy things with lower leverage, 50 or 75% But then, as the asset proves itself, they work with their lender to increase the debt-to-value ratio, you know, and get more money at it over time as it becomes an increasingly proven asset. So they migrate their way from 75% to 95% over time. I think that's a logical path.   Keith Weinhold  37:20   That acronym Ninja Loans, which were popular from about 2000 to 2007, that acronym Ninja means no income, no job or assets, and you might still get a loan of 110% of the value of the property. It was profligately irresponsible. Well, Richard, in a moment, I want to ask if you have a resource that our audience can follow along with you if they would like to do so. But before I do that, do you have any last thing that you would like to talk about? Maybe something that I did not ask you, whether it has to do with the general economy or real estate or interest rates or inflations. Is there something else that we should know?   Richard Vague  38:00   What I would do is just endorse your podcast.   Keith Weinhold  38:04   Thanks.   Richard Vague  38:05   You're approaching this in a very intelligent way, and you're very empirical, and I think your listeners are doing themselves a service by continuing to follow what you do. That's a really reasonable, secure, and yet bold path towards creating wealth, then I think you're to be commended.   Keith Weinhold  38:27   Oh, I appreciate the endorsement. I'm always blown away at our following, but you have some resources worth following as well. Tell us about that.   Richard Vague  38:36   Well, we do. We have a weekly video ourselves that it's about a five-minute video, and you can go to our website, which is tycos.com. So t y c h o s.com, and you know we have data on the site. If you're a real geek, you could go in and you can look at our macroeconomic data. You know, but if you're not, you can sign up for the video, and we come out with what we hope is a short but relevant video once a week talking on some aspect of the economy, and you know we'd love to have folks join that if they're interested.   Keith Weinhold  39:10   Well, it's valuable. I suggest you, the listener, check that out. Richard oftentimes turns conventional economics on his head, just like he did with us today, talking about how if there's higher interest rates, that does not necessarily mean lower inflation. Richard, it's been valuable as always. It's been great having you back on the show.   Richard Vague  39:30   It's an honor to be with you. Keep up the great work.   Keith Weinhold  39:38   In this remote interview, I got a beautiful look over Richard's shoulders there on the screen at Center City, Philadelphia, in the ornate buildings there. I will be in that part of the nation again shortly. Big thanks to Richard Vague. If you're looking him up, it is spelled V-A-G-U-E. We've got a. A lot of terrific content coming up on the show over the next few weeks, including fresh takes on building your wealth that you've never heard before. Until next week, I'm your host Keith Weinhold. Don't quit your daydream.   Speaker 3  40:18   Nothing on this show should be considered specific, personal, or professional advice. Please consult an appropriate tax, legal, real estate, financial, or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of Get Rich Education LLC exclusively.    Keith Weinhold  40:46   The preceding program was brought to you by your home for wealth building. getricheducation.com  

Palo Alto Networks (PANW) has a strong revenue picture but faces a highly competitive cybersecurity space, says Ron Westfall. He makes the case that platformization of cybersecurity services is the crux behind both the pros and cons to Palo Alto's future momentum as competitors create a similar business model. ======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

In this episode, guest host Arlind Rojba is joined by Dan Fertig from SCAYLE and Joe Campagna from Technology Payments Advisors to explore how smarter payment strategies can drive ecommerce growth, improve conversion and customer experience, protect margins, and unlock valuable data. If you're navigating ecommerce payments, you'll walk away with practical insights to turn your payment strategy into a driver of business growth. This podcast is brought to you by Americaneagle.com Studios. Follow this podcast wherever you listen to them! Connect with: Lessons for Tomorrow: Website // Twitter // Instagram // Facebook // YouTube Arlind Rojba: LinkedIn Joe Campagna: LinkedIn Dan Fertig: LinkedIn Resources: SCAYLE Development Services | SCAYLE - Website

In this episode, we break down one of the biggest shifts we've seen in the cattle market this year: packers are regaining leverage. We discuss the impact of Tyson plant closures, improving packer margins, the lowest July cattle placements since 1995, and what tighter supplies could mean moving forward. We also dive into the reopening of Mexican cattle imports, declining heifer slaughter rates, rising feed costs, and whether feedyards are becoming the pressure point in today's market. Plus, we explore risk management opportunities for producers trying to protect profits in a market that remains historically strong but increasingly volatile. If you're wondering where cattle prices, packer margins, and producer profitability go from here, this is a conversation you won't want to miss.

Federal 8(a) construction contracts can pay a small business in 30 days, sometimes two weeks from invoice, while comparable municipal work takes 60 to 120 days and forces the contractor to finance the job. David Rambhajan, a contractor who moved from municipal to federal work, breaks down how he ran $5 million in 8(a) work with no permits and no inspections and why faster federal payment fueled his growth more than a higher bid margin ever did. What you'll learn in this episode: - Why a $3 billion municipal job can yield only 0 to 3% margin while a smaller federal job pays more - How federal 30-day payment terms change cash flow versus 60 to 120 day municipal cycles - Why 8(a) work with no permits and no inspections removed the friction that municipal contracts pile on - How to choose the right buying organization: city, county, state, federal, or private, and how the rules differ - What the $78 billion in 2024 small business awards means for a contractor deciding where to compete Chapters: 0:00 - Moving from municipal to federal contracting 1:20 - Why a $3 billion city job pays 0 to 3% 3:00 - Federal pays in 30 days, municipal takes 90 plus 4:30 - $5 million in 8(a) work with no permits 5:40 - Choosing your buying organization for the long run 7:00 - Avoiding shiny object syndrome and staying focused 8:00 - MBE, WOSB, and veteran program rules explained Mindy gives you the federal opportunities, agency signals, recompete intel, and pursuit briefs that tell you not just what contracts exist, but which ones to chase and how to win them. Sign up for free Daily Alerts and get opportunities delivered to your inbox before the day starts.

Bill Powers and co-host Brian Leni sit down for their monthly Junior Mining Insights chat to discuss how to discern ‘margin of safety' in early-stage junior miners. Other topics include identifying retail investor mass psychology, junior mining stock IPO dynamics, jurisdictional risks with First Nations even after permit issuance and much more. Refine your investment process as you listen to two full-time junior resource investors reflect on their past month of junior mining musings. 00:00 Intro 00:24 Margin of Safety Debate 02:28 Management and Valuation 05:57 Macro Timing Vs Value 08:39 IPOs And Retail Risk 13:55 Nasdaq Uplisting Upside 19:20 Seabridge KSM Shock 20:44 First Nations Risk Lens 28:41 Negotiation or Real Opposition 32:37 Permitting and Opposition 34:00 Metallurgy Due Diligence 37:21 Regulation Versus Enforcement 39:29 Marketing over Geology?! 44:06 Views and Mass Psychology 52:19 Timeless Content and Emotions 56:00 Networking and Mentors Brian's website: https://www.juniorstockreview.com/ Brian's YT: https://www.youtube.com/@FIELD_NOTES Bill's Twitter: https://x.com/MiningStockEdu Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Bill and Brian are not licensed financial advisors. Mining Stock Education offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer: https://www.miningstockeducation.com/disclaimer/

In this episode, we bring together leaders in oncology, orbital surgery, and ocular pathology to unpack the clinical diagnosis and management of periocular basal cell carcinoma, squamous cell carcinoma, and Merkel cell carcinoma. Our panel walks through how these tumors present and progress, the surgical and reconstructive strategies used to preserve form and function, and the immunotherapy advances reshaping outcomes for advanced and metastatic disease. Whether you're on the front lines of diagnosis or managing complex cases, this conversation offers a multidisciplinary look at where the field stands today.  

Resisting over-schedulingAs leaders plan a new ministry season, it's easy to fill every gap with activity. But more programming doesn't always lead to more impact.In this episode, we challenge student ministry leaders to plan with intentional margin—creating space for relationships, flexibility, and the unexpected ways God moves.We'll explore how to avoid burnout, build sustainable rhythms, and trust that meaningful ministry doesn't require constant motion.If you've ever felt like your calendar is too full to actually lead well, this episode will help you rethink how you plan.Help Us Spread the WordIf this episode encourages you, would you consider sharing it?Post this episode — or your favorite episode — on social media and tag us on Instagram or Facebook using @talkstudentmin. Your share helps other youth leaders discover the conversation and reminds them they're not leading alone.Connect with Student Ministry ConversationsInstagram: @talkstudentminFacebook: @talkstudentminYouTube: Student Ministry ConversationsWebsite: www.smcpodcast.riverside.comStore: https://smcpodcast.printful.me/Connect with the HostsBrent AikenInstagram & Facebook: @heybrentaikenDavid PruittFacebook: @dpruittInstagram: @pruacousticThanks for listening to Student Ministry Conversations. We're grateful to walk alongside you as you lead — and as God forms you in the process.

Skye Perryman on reclaiming our power ahead of the midterms In this episode of The Margin, a special midterm election series from The Electorette and URL Media, Jen Taylor-Skinner speaks with Skye Perryman, president and CEO of Democracy Forward and author of Ordinary People, Extraordinary Times. Perryman discusses the erosion of democratic guardrails, why Americans need “information sobriety” in an overwhelming news environment, and what history teaches us about the power of ordinary people to protect and expand democracy. With the midterms approaching, she explains why voting matters—but why the work of defending democracy cannot begin or end on Election Day. Learn more about your ad choices. Visit megaphone.fm/adchoices

A few weeks ago, we closed a $30 million refinance on Park Towers, a 210-unit multifamily property in Miami that we've owned since 2012. We secured long-term, fixed-rate financing at 6.09% in a lending environment that many people still describe as difficult.But I think saying “banks aren't lending” misses the bigger picture. Capital is available. The real questions are who can access it, which deals are getting financed, and whether the debt being used actually makes the investment stronger.In this video, I talk about how I approach leverage, interest rates, cash flow, refinancing risk, and margin for error when evaluating real estate investments. A great property can still become a bad investment if its capital structure can't survive when rates rise, occupancy falls, insurance costs increase, or refinancing becomes harder.I also share my perspective on why investors shouldn't depend on interest rates falling for a deal to work, how a more difficult financing environment can create better buying opportunities, and what more than a decade of owning and operating Park Towers has taught me about long-term value creation.The goal isn't to predict every market cycle correctly. It's to structure your investments so they can survive when one of your assumptions is wrong.Timestamps 00:10 The $30M Park Towers Refinance01:03 Are Banks Actually Lending?01:35 How Bad Debt Can Ruin a Good Deal03:00 Why Leverage Works Both Ways03:20 Can Your Investment Survive?04:15 Why Spreadsheets Can Mislead Investors05:51 Building for a Margin of Error06:15 Why Easy Money Can Be Dangerous06:40 How Difficult Markets Create Buying Opportunities07:50 The Long Game Behind Park Towers08:40 Why Durability Matters More Than Speed09:10 Stop Waiting for Interest Rates to Fall10:15 How to Survive Real Estate Cycles10:55 Using Debt to Make Good Deals StrongerSubscribe to the Channel Newsletter  https://moshepopack.com/newsletter/Follow Moshe Popackhttps://moshepopack.com/podcast/@mpopackhttps://www.instagram.com/mpopackhttps://www.facebook.com/MoshePopack

"I'm too set in my ways." You've said it. I've said it. And it sounds like a man who finally knows himself. It's a lie, and your own brain proves it. In this Wednesday Special Edition, I take apart one of the most comfortable excuses people give for why they've stopped growing: you can't teach an old dog new tricks. I start with the settled brain science. Neuroplasticity proves your capacity to learn and change doesn't shut off at thirty, or fifty, or seventy. Your brain rewires itself in response to demand for your entire life. So if the capacity is there, and it is, then the question was never whether you can learn. The question is why you don't. That's where a professor named Howard McClusky comes in. Decades before anyone had proven neuroplasticity was real, he figured out the actual reason adults stop learning, and he called it the Theory of Margin. Every one of us carries a Load and holds a certain amount of Power, and margin is what's left over. When your Load swallows your Power, you don't learn anything new. Not because you can't, but because there's no room left in the container. I walk through why "that's just how I am" is a golden cage that protects the load you built yourself, and I give you a practical fix to start clearing space: an open cycles inventory you can do this week with a legal pad. If you've been telling yourself you're too old to change, this one's for you. Grab the free 10-Block Weekly Method template: https://therealjasonduncan.com/10block Read the full article: https://therealjasonduncan.com/articles/old-dog-new-tricks-lie Ready for a bigger conversation about the load that traces back to a business that can't run without you? Book a call with me directly: https://therealjasonduncan.com/talk Subscribe to What's Real?, my weekly newsletter: https://therealjasonduncan.com/articles New episodes every Wednesday. Learn more about your ad choices. Visit megaphone.fm/adchoices

August is all about Female Pittsburgh Authors. Join host Jenny D as she interviews former airline captain and wellness coach Reyne' O'Shaughnessy about her book At Capacity and the idea that modern life has eliminated the human margin people need to thrive.  They discuss Reyne's health wake-up, how aviation taught her to respect limits, why women are especially affected, and practical steps to reclaim time, health, and resilience. Learn where to find the book and upcoming events. https://captainreyneo.com/ Grab your copy of At Capacity at the links below https://piloting2wellbeing.com/founder/ https://www.amazon.com/stores/Reyne-O'Shaughnessy/author This month Spill with Me Jenny D. is celebrating three inspiring women authors from right here in Pittsburgh. Thank you to my Spotlight Supporter Lance Blankenship Roofing for supporting Spill with Me Jenny D. If you need someone reliable and affordable for your next roof job...Call Lance at 724-288-8984 All episodes are available on all the major Audio Platforms as well as Jenny D's YouTube page. Make sure to Subscribe and Follow. http://www.youtube.com/@Spillwithmejennyd Note: Jenny D. is now recording at StudioMe Productions. Please check out her YouTube Video. If you would like to be a guest or sponsor on Spill with Me Jenny D. Show please fill out the disclaimer at https://www.spillwithmejennyd.com/tell-your-story or email spillwithmejennyd@gmail.com Don't Forget to Subscribe & Follow. Thank you to our Community Partners! Note: "The views and conversations in this podcast are intended solely for informational and educational purposes. They do not constitute professional advice, and listeners are encouraged to seek their own guidance for any specific concerns." "Music Credit: Theme song, written and performed by Mark Ferrari"    markferrarimusic.com

Send us Fan MailIn this episode, author and mother Chelsey DeMatteis shares her journey of motherhood, faith, and the importance of finding mercy in the margins of busy, chaotic days. She discusses her new book, 'Mercy in the Margins,' and offers practical advice for moms seeking to deepen their faith amidst the mess and marvels of motherhood.Purchase Mercy in the Margin on Amazon or wherever books are sold! http://www.livingexo.comCreating exceptional outdoor living spaces in Nashville and Middle Tennessee http://www.coatdefense.comMOMMA15 for 15% OFFThank you to our generous Got It From My Momma podcast friends! This episode is brought to you by: LIVING EXOwww.livingexo.comCOAT DEFENSEwww.coatdefense.comInstagram @coat_defenseUse MOMMA15 for 15% off Got it From My Momma on the WEBwww.gotitfrommymomma.tv(Become an Insider!)Host- Jennifer Vickery Smith@jvickerysmith on Instagram WATCH podcast episodes on YouTube @gotitfrommymommapodcast 

In a bonus #amwriting podcast episode, host Jennie Nash talks with academic writing coach Kathy Mazak of Scholar's Voice (and host of Academic Writing Amplified) about how writers keep going after completing a blueprint and finish what they start. Mazak explains her mission-based work helping academics—especially women and non-binary scholars—publish their research by aligning time management and writing with an academic mission statement. She argues that big blocks of time are unrealistic and that one to two hours once or twice a week can be enough if protected and supported by project management systems. They discuss common obstacles like not honoring writing time, fear of disappointing oneself, and harsh peer review, and emphasize mindset work as at least half the solution. Mazak describes managing multiple projects by focusing on a top three, letting others “sleep,” and “killing” stalled “zombie projects,” plus recognizing stage transitions and solving the right problem at the right level. She shares details on her 12-week Navigate program (scholarsvoice.org/navigate) and why members stay for years.#AmWriting is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.Learn more at http://scholarsvoice.org/.TranscriptJennie: [00:00:00] Hi, I'm Jennie Nash, and you're listening to the #amwriting podcast, the place where we help writers of all kinds play big in your writing life, love the process, and stick with it long enough to finish what matters most. Hey everyone, it's Jennie, and I'm here with a bonus episode of the podcast because a lot of our community has been working on their blueprints this summer to begin a new project, find momentum for one that's gotten derailed, or to work on a revision.And obviously stopping to think before you write is critical, but then the question is, what next? And how, how do we keep going? How do we finish what we started? And I invited my friend Kathy Mazak to join me today to have a conversation about this and to get her insights on this topic. Kathy, we're in a business mastermind together.That's how we met, [00:01:00] and we, um, immediately connected because Kathy runs a company called Scholar's Voice, which you can find at scholarsvoice.com. She has an incredible strategic mind, and her work focuses on helping tenured professors get their research and writing out of the endless backlog and actually submitted and published.So it's a different kind of writing than we normally talk about on the podcast, but I know we have a lot of a- academics in our audience, um, who are trying to write nonfiction or fiction or memoir, but also probably trying to publish the papers that are sitting on their desk. And Kathy helps so many people do that work and do it well, and she has really Amazing systems for doing that.And so she's gonna talk a little bit about her program and what she offers at the end, um, or maybe at the beginning too. But, [00:02:00] um, welcome Cathy.Cathy: Yay. Thank you so much for having me. So I know that we met in the business mastermind, but I've been following you for many years before that, and been listening to this podcast, and been subscribed to this podcast for, like, at least since 2019 when I started to, like, look at other writing podcasts.Jennie: Yeah.Cathy: And so it is ... It actually has been, like, a dream of mine to be on this podcast, so it's, like, so- Look at us ... great that we're doing this here today. Yes.Jennie: I completely forgot to say that you have a podcast as well. What is, what is the name of that?Cathy: Yeah. The podcast is called Academic Writing Amplified.It has, like, we're headed towards 350 episodes all about, like, getting your, uh, academic papers out there in the world when you're a busy professor. So yeah.Jennie: One of the things that I most like about your business is the way you describe it as it's really mission based. Yeah. It's, it's [00:03:00] really about helping academics take control of the narrative.Yeah. Right? Do you- Yeah ... do, will you tell us about that, ‘cause I love that.Cathy: Yeah. So for me, right, like, as a writing coach, so I was a full professor, like I went through, I have a PhD. I, I, I got my tenure track job. I went all the way through all the ranks, um, before I left and started this, uh, academic adjacent business.But I do it because, like, my big, like, mission is that the more, especially women and non-binary academics who get their papers out in the world, like, the more those voices are changing fields, and influencing research, and influencing thinking. And I just think, like, that is just so important. That's why the business is called Scholar's Voice, ‘cause it's about getting more diverse, typically marginalized voices out in these research spaces.Um, so [00:04:00] to me that's my mission, and when I have ... You know, when, when scholars come and do my program they write an academic mission statement, and really their whole time management, um, and writing project management, and sustainable writing practice is designed to, like, support that academic mission. So it's a very mission based, uh, business for me.But it's also, like, a, like my clients, like w- who take my programs are also, like, putting their academic missions, like, right at the center of their work. Which also puts writing at the center. Because to me, like, the writing is absolutely, is, is, like, the path to creating this better career, this focus on writing.Jennie: Well, and an academic has courses to teach and committees to go to, meetings to go to, and, you know, so many other demands on their time. And somebody trying to write a book has- Yep ... not [00:05:00] exactly those things, but probably a day job, and kids, and, you know, aging parents they have to care for, and the dog, and the car, and, you know, it's, it's writing in, in the real world.Mm-hmm. And the way you set your program up is you've honed this over so many years, i- and it's designed to, to help people actually get the work done. Yeah. So can you tell us a bit about how you structure that program? ‘Cause I think it'll be instructive to helping folks. Like, okay, here, you've finished your blueprint, now what?So- Yeah ... how do you, how do you get people to do it?Cathy: Yeah, yeah. So the first part is that I think that many people, when they think about writers, right, like if they just imagine themselves as a writer, they think that the ideal is, oh, I have like eight hours a day to dedicate to writing, or all my life, or whatever, you know, dreamy scenario we have in our minds.And I [00:06:00] think, like, for academics, i- the, the... it's like, oh, I need to be on a sabbatical, or I need to not be teaching. I need to... I cannot be doing any other thing. Um, or I can be doing other things, but I need like these big blocks of time to write. And the problem is, like you're saying, like writing in real life, like that just doesn't happen.And then when it might happen for academics is over the holiday breaks, like the semester breaks or the summer, but that also isn't true because you're also like, you know, being a mom and, and th- you know, doing things with your family, and managing your house, and maybe your aging parents, and whatever else.Like there's never a time where there's like nothing going on. So we have to stop thinking that that's the ideal and rather think, like what I tell my people, and they- Fight me on this, but at the beginning. But I tell them, actually one to two hours once or twice a [00:07:00] week is enough.Jennie: Ah. AndOutro: they'll be like, “No,Cathy: no,Outro: no,Cathy: IOutro: need-” Say that again.Cathy: Yeah, no. Say that again. One to two hours once or twice a week is enough, ‘cause remember, like, the low end of that means one hour a week, and the high end of that is four hours a week. And so a lot of times people come in and, and I'm, you know, for your, for the audience here, like, think about are you doing one hour a week consistently?Are you doing two hours a week consistently? If you're not, then let's just, like, back up and go there instead of thinking like, “Oh no, I need these big blocks of time that I can never actually get and hold.” ‘Cause that's the other thing, it's so hard to hold a big block. Um, like a four-hour block is hard to o- to hold.Uh, and alsoOutro: hard- Oh my gosh, four hours? ... to maintain your energy through.Cathy: No, no, people- What? No ... people haveOutro: all kinds of ideas.Cathy: And I'm like, and, and the other thing too I think is related to this idea, like for my people, right, that the work day is, like, this eight-hour day. [00:08:00] Like, but you can't ... I'm thinking you're not knowledge work for eight hours a day.Like, your brain can't do that, you know? So we really have to start, just, like, dial it back and start with, like, can I get consistency? Consistency doesn't have to mean every day. Could I get consistent with one or two hours once or twice, or twice a week, and actually do writing during that time so I have project management skills that mean when I sit down I know what to work on, and see how that works?Because guess what? If you did that, you would be ... Like, everything would be moving towards publication, and there would be many more words on the page.Jennie: Well, I love that so much because one of the things that I find is- Well, with writing or business or anything is I'll say, “Oh, I'm working so hard, and I'm so busy on it, and I'm spending all this time on it,” but really what I'm doing is sitting down at my desk and- Yeahrearranging, you know, [00:09:00] the folders on my desktop again. Or- Yeah ... um, you know, oh, I'll just go take a little peek over on Instagram, uh, to transition from... You know, like, it's just- Yeah ... I waste so much time. And-Cathy: Yeah ...Jennie: the- it's- if the, if the idea is, “Well, I got one to two hours, I'm gonna, I'm gonna use that time.”Cathy: Yeah. Yeah, I mean, and that's why you have a blueprint, right? Like, this is why you do the blueprint because every time you sit down, you are faced with either the blinking cursor, right, the blank page, or you're faced even before that with maybe, like, what do I wanna work on? And so for academics, we're always working on more than one project at once.We always have, like, most academ- some academics are book writers. Many academics are... Almost all academics are article writers, and so you always have... Like, you never just, like, start the research for an article and [00:10:00] then just only do that until it's submitted and out in the world. You always have things at these different stages, like I call it your publication pipeline, but, like, you have things that are in the idea stage, in the data collection stage, in the analysis stage, the writing up stage, things that are submitted, you're waiting to get editorial feedback on them.All of that is happening all the time. So you, when you sit down, you're making a choice between all of these possible projects, unless you have a great project management system, you know? Or unless you have a roadmap that says like, “Okay, well, here's my roadmap. Let me... You're my blueprint. Like, let me sit down and start here.”You know? You ha- you need to have that place to start, or you'll just wheel spin with those, uh, one or two hours once or t- once or twice a week.Jennie: So I'm curious about what other objections people bring to your method. You said the first- Mm-hmm ... objection was, “Well, I, I need these giant blocks of time.” Yeah.What are some of the other objections that you hear to it?Cathy: Yeah. I think a lot of them, and [00:11:00] I think this is so common in, in writers of all kinds, is like, “I'm, I'm gonna let myself down.” Like, the, the, the biggest kind of mental thing is like, “Oh, I've tried it. I've tried to hold that time before, but I've never been successful at it, so if I keep trying, I'll just keep disappointing myself.”Um, whereas, like, the more structures and systems you put into place, the better those things can hold up those one to two hours once or twice a week, and then potentially grow them even. But you have to have, like, it, it can't be just I put it on my calendar- Because there has to be, the mindset has to be in the right place.You have to be honoring that time. Like, you- finding the time on your calendar is problem one for sure, like, because people are booked up. But the second part of that problem is I found it, I [00:12:00] put it there, and then when a student tried to make an appointment with me and they just couldn't possibly find any other time, I put them right on top of my writing.Or what many of the other possible scenarios where you would just schedule over what you had held for writing, and I think that's a That's a situation that's common among everybody with a life, right? Like, “Oh, the plumber said they could come during that time, and here I am just writing.” Just writing. You know, like, that's the first thing that has to change.Like, you have to f- to honor that writing time just like you would honor that really hard to get dermatologist appointment.Outro: That's what it needs to be. That's the level of honoring that we're, that we're talking about.Jennie: I'm laughing- Am I- ... ‘cause I'm looking, I, like, literally have been thinking whilst on this, we're looking at video while we're recording this at how beautiful your skin is, so it's hilarious that you mention that.I'm like, “Oh, wait. Maybe I need to be centering the dermatologist more.” [00:13:00]Cathy: Listen, I don't have a dermatologist appointment. If I did, I would, I would hold that. The one that really resonates for me, and maybe with some other moms of, like, kids, like, school-aged kids, is the freaking dentist. Like, I can't get a freaking kid's dentist appointment.Like, I call and they're like, “Yeah, we're just all booked up.” I'm like, “How is this possible?” You know, and so if there's a dentist appointment, I hold on to that. That's the kind of tenacity we want around the honoring the writing appointments.Jennie: So I wanna stick with this concept a little bit more, because I, I actually was writing about this for the Write Big, uh- Mmbook that I'm working on. Mm. And this idea that the reward of writing is way down the road. It- Mm. We don't really have any evidence that it's gonna actually pay off. Yeah. And I think that that tends to be the reason why it's so easy to say, “Well, this doesn't really matter,” or, [00:14:00] “I c- shouldn't really commit to this,” or, “I shouldn't go all in on this.”And some of that pressure comes from our own selves, as you mentioned. Yeah. But a lot of it comes from the people who love us, who are in our homes even, or, you know- Yeah ... the pressure, like, if you're trying to protect that hour or that four hours in your week and it's, you know, “Well, can you do this errand?”Or, “This kid got sick,” or this. To be, to say, “Well, no, that's my writing time”-Cathy: Yeah ...Jennie: it, it's like, well, what evidence do you have that that's worth anything? Yeah. Right? Is ... Do you find that with academics too?Cathy: Uh, I think that, yes, 100%, um, because the payoff is really far away. Um, but even, like, I would argue that another thing happening in people's heads is that the payoff might be somebody read it and hated it.[00:15:00]Like, so you're also avoiding it because- You know, like the end result might be that you, like turn it into your book coach, and the book coach says you have to redo it all. Right. You know? Or like- You missedJennie: the mark. Right ...Cathy: you missed the mark. Exactly. And so, but like we just don't think of that, or so that fear of that we're gonna do this work, we're gonna hold our writing time, which feels very selfish and feels like who do you think you are that you're gonna hold time for your writing, you know?Like, who are you, Ernest Hemingway? Like, like, you know what I mean? Like we, we have these thoughts in our head, and then we, and then, um, the, the great payoff of all of that hard work of holding the time and actually doing the writing might be, in the case of my people, like that some real A-hole reviewer tears you apart.And-Jennie: Because your- Yeah ... people have to have peer reviews- That's right ... for everything, right?Cathy: For [00:16:00] everything. Even books. Yeah, yeah, yeah. So everything is peer reviewed, and I mean, I was just coaching somebody yesterday on like why are, why we have, I call it like submission friction. Like I talk about all these different points in the writing process, and how- Every point, there's like, there's friction to move the work from one kind of thing to another kind of thing.So there, like when you go from draft to like submitted article, y- it's becoming something different, and your job and your relationship to the, that piece of writing is different between when you've drafted it and when you've submitted it to a journal. Um, there's lots of other transition points, but I was coaching somebody yesterday who was like, “Yeah, I got all this really bad feedback,” like really badly worded feedback, right?Like, it wasn't just critical, it was also delivered poorly because peer review in academia is blind, so you don't know who read it, and so people say all kinds of things [00:17:00] without you, you know, without fear that you're g- they're gonna see you at a conference. So you know, supposedly they don't know who you are, you don't know who they are.And it can be like really horrible, and this, this client, she was like, “I just can't... I have trouble, I'm having trouble submitting anything from that study because that person's words are in my head.” Oh. So like, so we also have like for the great effort of holding the writing time and doing, we might get these terrible things that like stop us in our tracks, and then we have to like coach our own minds through like, okay, why is it true that submitting again won't necessarily have those same results, you know, and whatever else you need to, you know...Like I work with my clients on different things they can think to get over that friction of submitting and that fear. But, but yeah, like sometimes there's a payoff, and sometimes the payoff is like, “Congratulations, we're g- people are really mean.”Jennie: [00:18:00] Yeah. Yeah,Cathy: yeah. Yeah,Jennie: so how much time do you spend in your program, would you say, on You know, so there's the tactics and the- Mm-hmmsetting up the systems- Yeah ... versus mindset. Yeah. Like, what's the balance?Cathy: Yeah, yeah. Yeah. So my program is set up so that you do the program in 12 weeks, and guess how long it takes to do the program every week? One to two hours. And you do it once or twice a week. So, like, if you take the program, it forces you to hold, like, an hour to do the material and an hour for a live call.So the live call is where we're really getting into the coaching stuff. Like, I, you know, there's only so much coaching you can do on, like, a prerecorded lesson, right? But we do talk about mindset, um, throughout the whole thing. But on the coaching calls is really when we talk about mindset and, and get to figure out, like, [00:19:00] is the problem that you're having actually a strategy problem, or are you having a mindset problem?Is it, like, something that's happening, or is it the way you're thinking about what's happening? So I would say it's, like, a half and half, um, kind of breakdown between strategies and, um, techniques and, like, here's processes, and let's get your mind right.Jennie: Well, I mean, that's, to me, a, a giant revelation. I, I believe that mindset is at least 50% as well.Yeah, yeah. And I think most writers don't have any idea that, how important mindset is. And the program you and I are in together, the business mastermind that we're in together, is hugely mindset focused, and it- Yeah ... it's hard to show up with your mindset stuff. It's embarrassing. Mm. Mm. And, you know, it's hard to get coaching on it, at least for me anyway, because it's, oftentimes it's like, “You're saying the same thing in a different way.[00:20:00] Like, that's just the same story, different words,” you know? You really have to confront the narratives that you have in your head, and where they came from, and what they're serving, and that's work too, right? Yeah,Cathy: absolutely. Yeah. Yeah,Jennie: absolutely. And I mean, that's, to me, the thing that I've, I've really learned, and your program honors that idea by half the time that people are spending is the, the mindset.Cathy: Yeah. Yeah, absolutely. And, and then we also... Like, the program is designed so that you take it once, and then you can keep taking additional rounds of the program. The content of the program doesn't change, but you continue to have these mi- these, these coaching calls, right? Where we talk about, there's kind of two part- like, two themes of the coaching calls.Like, one theme is like, oh, now I- my whole calendar is really mission aligned, and I'm holding my writing time and whatever. And then what is the series of problems that happens after that, [00:21:00] right? Like, what's the next level? Like, now that we've solved these things, ‘cause there's never no, there's never no problems.Like, like, the next set of problems, uh, presents itself. Um, so we coach on those things. But also, like, I've just been, especially this, in this next group, I've told people, like, I'm like, “We're gonna do more mindset than ever.” Like, we're just gonna really coach your brains on, um, you know, on perfectionism, on procrastination, on transition friction, on zombie projects, on like, um-Jennie: What's a zombie project?Cathy: Ooh, those are those things that are like, they're not going anywhere. They're dead, but you're holding onto them in your mind, like someday I'm gonna get back to that. And it is not healthy to do that. So we, I, when I talk about, like, um, how to manage multiple projects at once, like so think multiple articles that you're writing at once, people [00:22:00] have...Like, academics have, I don't know, like 10, 20 articles that they have, like that they're holding in their mind as like these are possible articles that I could work on or these are projects that... I call them projects in play, right? Well, a lot of times like five of those are like, “Oh, this is a project I started.There might be words on the page, but it stalled out.” We needed to do a reanalysis, and we didn't n- and, and it was gonna be a lot of work to go back and do that, so it's just kind of like alive but dead, right? Like a zombie. Yeah. So I tell people, and again, they fight me on this, like I'm like, “You need to kill them.”Like you need... Zombie projects aren't for resuscitating. They are for blessing and releasing. They are for like this is done. This is not going to... Because they're in the way of all of the other living projects. So I talk about the projects as like we have a top three that are kind of, that we're maybe rotating between or [00:23:00] that like once we, we, we submit something from the top three we can like promote something else, and then everybody else is sleeping.You know? Just tell them they need to take a nap. And then the zombie projects we're just, we kill them. You can, if you must, have a folder on your computer and put them there, but you need to get them out of like your working mind. They shouldn't be in your pipeline. They should be like they... Because we can only hold so many things, and we can only manage so many projects at once, so we have to create systems and processes to make it feel like we're only working on one thing at a timeJennie: Well, I think this idea, which I adore now that I know what it is-um, applies to book writers as well. Everybody has more than one book idea, and they have the book idea that they wanna write after the book that they're working on, or they started three at a time or s- you know, oftentimes there's a thing that happens, I think it happens about two-thirds of the way through a [00:24:00] book- Hmmwhere suddenly you have a great idea for another book that is shinier and prettier and brighter and better- Yes ... than the one you're working on.Outro: Yep.Jennie: And so this idea, I think, really applies to book writers, and most of us who are writing and sharing anything are also writing other content like- Yes. YesSubstack and, um, or a newsletter or a podcast or whatever th- whatever the content that we're working on is. So do you think that this idea of the zombie project- Mm-hmm ... or folder can apply there as well?Cathy: For sure, because here's the thing, right? The shiny object syndrome is really real be- and it, and it relates actually to the submission friction that I was talking about.Like, I did a call about that just yesterday. Like, it relates because- Before your project is done, right, before it's submitted, before it's turned in, whatever, [00:25:00] it has the potential to be the very most amazing, best book that has ever been written by anyone. And as long as I don't submit it, it is holding that potential.Jennie: Yes. Okay.Cathy: And so once the, so the more, but the more done the book gets, the less po- Like, almost like the less that po- the, the more that potential is kind of decreasing because it, it's not that it's not great, maybe it is that book, but like the potential of what it could become when it actually has become something is less, right, than the new shiny idea because the new shiny idea then has like all of this potential.So, so I think that's the, the newness of something like is, i- is very attractive, and it has so much to do with like our brains trying to avoid the hard work of the finishing and trying to... Like, [00:26:00] w- when something is new, you don't know what the writing problems are yet. Yeah. But what, what's existing, you have a lot of problems to solve.There's a ton of decisions to make.Jennie: Yeah.Cathy: And, um, and, and that, that feels hard and heavy.Jennie: So for our listeners who are finishing up their blueprints, they're coming across one of those friction points you talked about, where you're going from planning your book, thinking about it, solving some problems, to you're going back to writing ‘cause the- Yeahblueprint is a kind of a pause. Not kind of, it's a pause, and now you're going back to the writing, and that s- transition is something a lot of writers don't acknowledge- that it's a different thing. So that idea- Right ... you were talking about of, um, when your academic writers are shifting from, you know, one thing to another.They have a lot more shifts in a lot [00:27:00] more compressed period of time. But writers absolutely go through this, and then when they, when they call it done and get it to beta readers, and then they get it back and get it to, you know, going to pitch, those are all transition points. So a lot of our listeners are at one of those right now.Yeah. What is, what is the mindset work to, that you guide people for shifting from one, um, process to another?Cathy: Yeah. Yeah. Yeah. So your job changes. Like, that's the, that, that's the, you know ... Like, the job of, like, when you're doing the blueprint, right? It's a planning, it's a pausing, it's a thinking, it's aRight? The same thing we do, like, I teach a writing planning process, and that process is one kind of job, right? The job of, like, making decisions- And executing on those decisions. So the making decisions is another job, and the [00:28:00] executing on the decisions is another job. So just realizing, like, what is my job in this moment, that is a really powerful thing to think about and think like, “No, in the scope of this whole project, my job right now is to make decisions that then I can execute on.”Jennie: Yes.Cathy: And also... Yes. And not, and remember then, like, you execute on the decisions, and you might have to go back and make new decisions and execute differently. Like, that's what composition, that's what composing is, right? But you, you know, keep the job that you're, for the stage that you're at, and stop trying to solve the problems of another stage in the process.Jennie: So bleeding into other jobs sounds like it's a energy suck. So for, uh, a, somebody finishing the blueprint, it might be, “Well, now I'm gonna start researching agents and conferences I can go to to pitch at.” And it's like, “No, you gotta write the book,” right? Yes. Is that-Outro: Exactly, [00:29:00] exactly ...Jennie: is that the kind of thing- Yesyeah.Cathy: Yeah, and so, like, a- and it's also, I talk a- I talk in the program about, like, you're solving the wrong problem at the wrong level, right? Like, that's an in- perfect example of I'm solving the wrong problem. Like, I don't, I don't need to be, like, thinking about pitching agents. I need to be figuring out what my book idea is.Like, you know what I mean? And so for, like, in, in, in our, in my program, there's, you know, let's say I think that what I have is a writing time problem, but if I don't have writing project management, like if I don't know how to plan a paper and I don't know what the stages it needs to go through are, and I don't know how to manage it in relation to other papers that I have, I can have two hours of writing, and I will sit there and not know what to do with it.Jennie: Yes.Cathy: So, like, there has to be, you know, you ha- so solving, you have to solve the right problem. You know? Like I, okay, I have a backlog of papers. I think it's ‘cause I don't have enough time. Like, you probably don't have enough time, but that's not the [00:30:00] only problem, you know? And that might not be the most pertinent problem to solve first.Jennie: Right. I love this. I love this for our people finishing Blueprint. Um, and w- I'm curious just to sort of wrap up our conversation, why do you think... ‘Cause something that's remarkable about the program that you run, which is again at scholarsvoice.com-Cathy: It's actually .org, but yeahJennie: Oh, dang.Outro: Dot org.Jennie: I said it wrong. Don't worry about it. It's fine. Scholarsvoice.org. We'll put it down in the show notes. It'll go in the show notes. Yeah. Um, well, the remarkable thing is that people love your program. Like, once they find it, they don't leave. Yeah. They, they stay for a long time. Years. Yeah. Years and years and years.Yeah, yeah, yeah. Why do you think that is?Cathy: Because we're never done. We're never done as writers.Jennie: Yeah.Cathy: Right? Like, we're always developing, and we're always [00:31:00] changing, and we're always responding to new situations. And I just think, like, I think it would be terrible to think, like, “I've learned how to write a novel or a book or an article, and now I'm done.Like, and now I just, like, rinse and repeat for 30 years.” Like, no, that's not how it works. First of all, it's just not how it works, and also, would you really want it to work like that? Don't you want it to get more interesting, different, better? Like, and so that's why people stay, ‘cause the, the, the curriculum is...I- it's called, like, a spiral curriculum, where you could just, like, keep doing it again and again. And as you are going through your career, you are changing, and your situation is changing, and actually the demands of your career are changing. And so you can just continue to do this work over and over again, and, and many people do it and then come back after they've had, like, a little career change, and they realize, “Ooh, now all of these things have [00:32:00] shifted, and I need to, like, go back and figure all of this out again.”And that's normal and natural and fine and actually amazing.Jennie: Um, so how can... If people are listening to this, and they're like, “Wait, I wanna get in on this academic writing-” Yeah ... thing, I... So it's only for tenured professors. It's not- So- ... for people who want to be that, right? No.Cathy: Yeah, so we... It is really for academics.It's really geared towards people who are in academic careers, tenured or hoping, you know, tenure-track professors or whatever they call it in the country that you live in, ‘cause it's called different things. Um, it- we have a lot of people who are mid-career. Like, so it's not just for early career. Um, but we, we have people at all different career stages, including post-docs, including full-time researchers, and so...And even sometimes people from industry, like, or nonprofit who are doing research work and need to put out publications [00:33:00] into academic journals. So yeah, and you can go to scholarsvoice.org, and at the top navigation it says, “Publish your backlog,” and that is my Navigate program, which is really focused on helping you publish that backlog of papers and keep papers, like, flowing out into the world.Um, scholarsvoice.org/navigate is where you'll find all the information, and you can apply, and it's open until, open for applications until August 28th.Jennie: That is awesome. Well, if you're, if you're listening, um, now and that speaks to you, you can jump on that. If you're listening in the future, uh, there will be another opportunity, uh, to get into- YeahCathy's program. And if you're listening to the hashtag amwriting, uh, podcast and you're not an academic, and- You're finishing a blueprint or you're realizing after this conversation, “Gosh, I'm doing the wrong job at the wrong [00:34:00] time,” or, “I don't have a time problem, I have a mindset problem,” or any of these, these ideas that Cathy has shared with us.Put them into practice and, and I think that for writers listening to podcasts like this is part of the mindset work because- Yes ... you're listening to bigger conversations and bigger ideas, and you're getting something in your ear that counteracts that story you're telling your own self. So, um, I'm just grateful for you, Cathy, for sharing those stories and thoughts with us today, and for doing this amazing work that you're doing out in the world.So thank you for joining us.Cathy: Thank you for having me on the podcast.Jennie: And for our listeners, thanks for being here. Now let's get back to work and finish what matters most.Outro: The #amwriting podcast is produced by Andrew Perilla. Our intro music, [00:35:00] aptly titled Unemployed Monday, was written and played by Max Cohen. Andrew and Max were paid for their time and their creative output because everyone deserves to be paid for their work. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit amwriting.substack.com/subscribe

Liz Ann Sonders, Chief Investment Strategist at Charles Schwab, joins us to explain why today's economy and stock market are increasingly defined by rotation, instability and a changing stock-bond relationship. We discuss AI capital spending and earnings concentration, Treasury yields and the deficit, immigration and labor supply, investor sentiment, market breadth, portfolio rebalancing, IPOs and the growing economic importance of the stock market wealth effect.Topics covered:Why the post-pandemic economy is moving through sector-level recessions and expansions instead of a traditional linear cycleThe return of a more temperamental market regime, inflation volatility and the changing correlation between stocks and bondsWhy volatility-based rebalancing may matter more than calendar-based rebalancing and why market leadership is broadeningImmigration, labor shortages and why slower population growth changes how investors should interpret payroll dataFederal deficits, entitlement spending, rising 30-year Treasury yields and why Treasury intervention cannot solve the underlying fundamentalsHow the AI spending boom, imports and hyperscaler capital expenditures are affecting GDP, bond issuance and capital marketsCorporate profits versus labor compensation and why Liz Ann does not see an obvious near-term catalyst for convergenceKevin Warsh, reduced Fed guidance and why less communication could create more market uncertaintyAttitudinal versus behavioral investor sentiment, the vibe session and why sentiment is becoming harder to use as a timing signalThe AI cascade beyond mega-cap tech, the Neural Nine, small caps and why rotation may be the new momentum tradeMargin debt, record household equity exposure and the risk that a future stock market decline feeds back into the economyS&P 500 earnings concentration, sell-side versus buy-side expectations, AI depreciation risk and the return of a major IPO cycleTimestamps:00:00 Liz Ann Sonders on the unusual 2026 market and economic cycle05:49 Portfolio construction, diversification and volatility-based rebalancing11:39 Immigration, labor supply and the new payroll breakeven rate17:38 Why long-term Treasury yields are rising and what the Treasury can and cannot fix22:07 Corporate profits versus labor compensation as a share of GDP27:37 Attitudinal versus behavioral sentiment and lessons from 202232:13 The vibe session, consumer confidence and conflicting investor expectations37:14 The Neural Nine, widening stock dispersion and rotation as the new momentum41:21 Margin debt, leveraged speculation and where the real risk may be45:52 S&P 500 earnings growth, concentration and the sell-side versus buy-side gap50:27 Hyperscaler AI capex, debt financing and signals from the corporate bond market55:05 IPOs, FOMO and why investors should be careful about chasing new issues60:05 Where to follow the real Liz Ann Sonders and avoid impersonator scamsLearn more about the Excess Returns podcast network:https://excessreturns.coNo information discussed in this podcast should be construed as investment advice. Securities discussed may be held by the hosts and guests, their firms or their clients.

I used to hate everything about our finances. Then one thing changed and paying bills actually became fun. That thing is margin. Margin is the gap between what you earn and what you spend. It might look small, but that gap is where the freedom lives. In this session from our Mission Driven Millionaire cohort, Linda and I dig into why building margin might be one of the most spiritual things you ever do with your money. We look at Joseph in Genesis 41 and how he made a plan before the famine came. We look at the ant in Proverbs 6 and what it teaches us about saving. And we talk about the two ditches: living paycheck to paycheck with no margin, and building bigger barns out of fear. Plus how the Real Money Method helps you create margin so you can say yes when God says go. If you enjoyed this, we'd love to send you a free copy of our book. You just cover shipping. It has over 1,000 5-star reviews on Amazon. Grab it at: seedtime.com/free.   What We Cover Here's a little of what we cover in this episode: The money habit I now believe is one of the most spiritual things you can build Why the gap between what you earn and what you spend is where freedom lives What Joseph knew about abundance that most of us completely miss The two ditches almost everyone falls into with saving money The heartbreaking reason one man had to turn down his calling What the ant can teach you about your bank account The prayer Linda and I prayed the night before this session   Bible Verses Mentioned Genesis 41 Proverbs 6:6-8   Resources Mentioned Mission Driven Millionaire program Real Money Method course Simple Money, Rich Life (the book)   Disclaimer Obligatory legal disclaimer: I'm a financial educator, not your financial advisor, investment advisor, tax pro, or lawyer. This channel is for general education, not personalized advice, and nothing here should be taken as a recommendation to buy, sell, or use any specific investment, account, or financial product. I'm just sharing what I'm doing, what I'm learning, and what I find interesting. Markets can be humbling. Investing involves risk, including the risk of losing money, and my results are personal, may not be typical, and are not guaranteed. Do your own research, use wisdom, and talk with a qualified professional before making financial decisions. Some links are to our resources and some are affiliate links, which means we may earn a commission at no extra cost to you. That helps keep the lights on around here, so thanks for the support.

Risk is unavoidable in investing—and in life. But not all risks deserve equal attention. It is easy to focus primarily on the probability that something will happen. If an investment, career move, or financial strategy has a high likelihood of succeeding, we may assume it is a good decision. But Mark Biller, Executive Editor at Sound Mind Investing, suggests another question may be even more important: If things go wrong, how wrong could they go? That shift—from focusing on probabilities to considering consequences—can help us make wiser financial decisions and protect ourselves from risks that could permanently derail our plans. A Small Probability Can Carry a Huge Consequence Suppose someone told you there was a 99% chance an opportunity would succeed. Those odds sound compelling. But what if the remaining 1% chance of failure meant complete financial ruin? Suddenly, the decision looks very different. A simple illustration is crossing a busy street. The probability of being hit by a vehicle may be relatively small, but we still look both ways because the potential consequence is catastrophic. A low probability does not make a severe consequence irrelevant. The same principle applies to investing. An outcome may be statistically unlikely, but if it could wipe out your savings, destroy your retirement plan, or leave you unable to meet your obligations, it deserves serious consideration. Financial thinker Peter Bernstein summarized the principle well: the consequences of being wrong can matter more than the probabilities of being right. That leads to two important questions: If this goes wrong, how wrong could it go?  And how much would it matter? Why Humility Matters in Investing Financial history offers plenty of reminders that even highly intelligent investors cannot anticipate every outcome. One famous example is the collapse of Long-Term Capital Management in 1998. The hedge fund was run by some of the brightest minds in finance and relied on sophisticated mathematical models. Those models worked under most circumstances—but a combination of leverage and extraordinary market conditions caused enormous losses. The lesson is not that investors should avoid risk altogether. Risk is part of investing. Rather, wise investors recognize the limits of their knowledge. We cannot predict every market decline, economic shock, or unexpected life event. That reality should lead us toward humility and encourage us to build financial plans with room for error. Build a Margin of Safety One practical way to prepare for uncertainty is to maintain a margin of safety. That begins before investing. A strong financial foundation includes reducing burdensome debt and establishing adequate emergency savings. Then, as you invest, diversification can help reduce the danger of concentrated bets, while avoiding excessive leverage can protect against losses that permanently impair your financial position. The goal is not to eliminate every possible risk. That would be impossible. Instead, margin allows your plan to survive when circumstances do not unfold as expected. Biblical wisdom encourages this kind of prudence. Proverbs 22:3 says: “The prudent sees danger and hides himself, but the simple go on and suffer for it.” Wise stewardship does not require us to live fearfully. But it does call us to recognize potential danger and prepare appropriately. Your Emergency Fund Protects More Than Emergencies An emergency fund may seem separate from an investment portfolio, but the two are closely connected. Think of investing like climbing a ladder. Before climbing higher, you want to make sure the ladder is resting on firm ground. Emergency savings provide that foundation. Unexpected expenses are inevitable. A furnace fails. A vehicle needs replacing sooner than expected. A major repair suddenly becomes necessary. Without adequate savings, those expenses may force you to sell investments at exactly the wrong time—perhaps when the market is down significantly. What began as an ordinary household expense can then cause lasting damage to a long-term investment plan. An emergency fund creates financial breathing room so temporary problems do not become permanent setbacks. Protecting Retirees From Sequence-of-Returns Risk Consequences become especially important as retirement approaches. One risk retirees face is known as sequence-of-returns risk. This occurs when significant investment losses happen early in retirement while a retiree is simultaneously withdrawing money from the portfolio. Two retirees could experience similar average investment returns over several decades but have very different outcomes depending on when the losses occur. A steep market decline early in retirement can be particularly damaging because withdrawals compound those losses. Even strong returns later may not fully repair the damage. Diversification can help manage this risk. Some retirees also choose to keep several years of anticipated spending in cash or relatively low-risk investments so they are less likely to sell stocks during a severe market downturn. The appropriate strategy will vary by household, but the principle remains the same: consider not only what is likely to happen, but what would happen to your plan if difficult circumstances arrived at an inconvenient time. How Much Risk Can You Afford? Risk tolerance is often discussed in terms of emotion: How comfortable are you when markets fall? That matters, but consequence-based thinking adds another dimension. Ask what would happen if an investment or strategy failed. Would the loss merely be disappointing? Or would it prevent you from retiring, eliminate your emergency reserves, jeopardize your home, or keep you awake at night? If a negative outcome would derail your financial goals, you may be taking more risk than you can afford—even if the probability of success appears high. On the other hand, if you can absorb the downside without seriously damaging your financial plan, then probability can play a larger role in the decision. This framework also guards against becoming too conservative. Avoiding stocks entirely in retirement may reduce short-term market volatility, for example, but it introduces another potential consequence: a portfolio may fail to keep pace with inflation over a retirement that lasts several decades. Wise risk management considers both sides. Stewardship Leaves Room for the Unexpected We cannot know exactly what markets, inflation, interest rates, or the economy will do next. And Scripture never promises that careful planning will remove uncertainty from our lives. Our confidence ultimately rests somewhere deeper. As Christians, we believe God is sovereign and that our ultimate security is found in Christ—not in the performance of our portfolios. That frees us to approach financial decisions with both wisdom and humility. We can plan carefully without pretending we know the future. We can prepare for risk without being ruled by fear. And we can leave margin in our finances because we recognize our own limitations. The goal is not to predict every possible outcome. It is to build a financial life capable of enduring when some of our predictions inevitably prove wrong. Before taking a significant financial risk, don't simply ask, “What are the odds that this will work?” Ask one more question: “If it doesn't, can my financial plan withstand the consequences?” That question may be one of the most valuable safeguards a wise steward can use. On Today's Program, Rob Answers Listener Questions: My son and daughter-in-law have a car loan with a payment over $900 a month and likely a very high interest rate because of poor credit. Are there any options to refinance, reduce the rate, or lower the payment? I'll reach full retirement age later this year and plan to keep working. Should I start Social Security then so I can save, invest, and give more, or delay benefits to receive a larger amount later? Resources Mentioned: Faithful Steward: FaithFi's Quarterly Magazine (Become a FaithFi Partner) Sound Mind Investing (SMI) Focus on Consequences, Not Probabilities (Article by Austin Pryor at Sound Mind Investing) When Genius Failed: The Rise and Fall of Long-Term Capital Management by Roger Lowenstein Master Your Money: A Step-by-Step Plan for Experiencing Financial Contentment by Ron Blue with Michael Blue Christian Credit Counselors FaithFi Field Guide: How Much Money is Enough?  Our Ultimate Treasure: A 21-Day Journey to Faithful Stewardship by Rob West Wisdom Over Wealth: 12 Lessons from Ecclesiastes on Money Look At The Sparrows: A 21-Day Devotional on Financial Fear and Anxiety Rich Toward God: A Study on the Parable of the Rich Fool Find a Certified Kingdom Advisor® (CKA) FaithFi App Remember, you can call in to ask your questions every weekday at (800) 525-7000. Faith & Finance is also available on Moody Radio Network and American Family Radio. You can also visit FaithFi.com to connect with our online community and partner with us as we help more people live as faithful stewards of God's resources. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Book a free strategy call to see how we can help you hit your goals and beyond: https://bit.ly/4b0wLaZ or call us at: (214)-453-1591 Get Predictable Calls From Proven Direct Mail Campaigns. Learn more about CertainPath's Lead Generation Direct Mail programs — for members AND non-members. Click here for a FREE Market Analysis: https://mycertainpath.com/lead-generation-request/?utm_source=youtube&utm_medium=video&utm_campaign=tsc226  He was a corporate consultant. She had an MBA. Neither had roofed a day in their lives — then they bought a roofing company and doubled it. Tim Wilde and his wife Sasha bought Sexton Roofing & Siding in Western Massachusetts in 2023 — a 40-year-old brand the previous owner ran solo at about $2 million a year, working 16-hour days, seven days a week. Neither of them had ever roofed: Tim came out of corporate pharmaceutical-construction consulting, and Sasha has an MBA and always wanted to run a business. When a corporate takeover pushed Tim out, and a friend showed them you could simply buy a business, they did. The first year nearly broke them. They priced with “a finger in the air,” had no idea what a good margin was, and kept winning on low bids. Then they found CertainPath — Tim signed up at a Profit Day on the spot — and the turnaround began: fixing their pricing first, then rebuilding sales around an in-home, one-call-close process. Two years in, they've doubled the business past $4 million, they're targeting $6.5 million, and Tim personally sold $2 million to become a CertainPath roofing crown champion. And it's 100% woman-owned — Sasha owns it outright, and Tim jokes he's “just cheap labor.” In this conversation, you'll discover: How two people with zero trade experience bought a 40-year-old roofing company off a broker Why the acquisition was tougher than they expected — and what they'd do differently The “finger in the air” pricing mistake CertainPath fixed first How moving to an in-home presentation unlocked one-call closes Why being the most thorough person at the door — the one who actually goes in the attic — wins the job The CertainPath training moment that took Tim from “doing sales completely wrong” to a crown champion How they think about growth: taking “a smaller piece of a larger pie” Whether you run a roofing, HVAC, plumbing, or electrical company, Tim and Sasha's story shows how to buy a business, raise your prices, and build a sales process that actually closes. Watch on YouTube or listen on your favorite podcast platform. And don't forget to subscribe to The Successful Contractor for more interviews that move the needle. About the Show The Successful Contractor is a podcast for residential HVAC, plumbing, electrical, and roofing contractors. Hosted by Bob Houchin, each episode features real contractor growth stories, hard-won business insights, and practical takeaways for building a profitable home services company. Meet the Host Bob Houchin has spent 20+ years immersed in the home services industry — listening to, learning from, and serving the people who run it. As host of The Successful Contractor, he's interviewed hundreds of the brightest minds in the trades. Beyond the mic, Bob is a Senior Strategist at CertainPath, building the training, onboarding programs, keynotes, and playbooks used by 1,200+ residential service companies. His motto: smart contractors learn from their mistakes; wise contractors learn from the mistakes of others. About CertainPath CertainPath is a business coaching and training organization that has built successful home service businesses for more than 25 years. We serve 1,200+ member companies across HVAC, plumbing, electrical, and roofing with professional coaching, training for every role, software solutions, and a vendor partner network that delivers millions in member rebates every year. Doubling your sales with a 20% net profit and an inspiring company culture is ALL possible. With CertainPath, Success is Made Certain. Connect CertainPath: https://www.mycertainpath.com FOLLOW CERTAINPATH Facebook: https://www.facebook.com/CertainPath LinkedIn: https://www.linkedin.com/company/certainpath Instagram: https://www.instagram.com/certainpath/ 

Our playbook to $100K a month is free, and it comes with an AI tool that builds a plan for you: ► The $100K Playbook: https://capitalism.com/100K Dr. Benjamin Hardy is the co-author of the books, "10x Is Easier Than 2x" and "Who Not How" with Dan Sullivan. I read his new one, "The Science of Scaling," and then I couldn't sleep. Step one is to set a goal so big you don't believe you can hit it, and I got stuck there, so instead of interviewing Ben about his framework I asked him to run it on me live. He pulled my own goal three years forward and made me say out loud what would have to go, which is when it clicked: the goal is not a prediction, it's a tool for deciding what you cut. Mentioned on the podcast: ► The $100K Playbook: https://capitalism.com/100K ► Bootcamp waitlist: https://capitalism.com/bootcamp ► The Science of Scaling by Dr. Benjamin Hardy ► 10x Is Easier Than 2x by Dan Sullivan & Dr. Benjamin Hardy ► Who Not How by Dan Sullivan & Dr. Benjamin Hardy (0:00) Very talented entrepreneurs could be getting 100X the results they are (0:38) Step one of the book: set an impossible goal (1:02) My challenge to you before we start, and the number I want you to aim at (2:21) "I have a bone to pick with you." The book that cost me a night of sleep (3:10) How Ben made his money, and the coaching company he sold (4:15) Why he walked away from social media, masterminds, and his old business (6:27) Most people think scale means doing twice as many things (8:03) High-rep, low-rep, and Joseph Nguyen's "no-rep" learning (9:59) Five pathways that were all decent, and not one of them powerful (11:09) I got stuck on chapter one with seven goals that all seemed related (14:20) Using time as a tool: shorten the window, filter out the seven-figure decisions (15:53) "How blunt do you want me to be?" Ben moves my 2030 goal to 2027 (16:53) The first thing that falls apart is a role we manage instead of hire well (18:29) Acquire bigger brands, or install better operators (19:20) The honest answer for why I never just changed the timeline (20:44) Nobody is monitoring your goal, which is exactly what makes it a tool (23:30) Your impossible goal does not have to be a billion dollars (24:46) What happens after $100 million, and why a billion feels unclear (26:05) My seven goals out loud, and the four I had already forgotten (27:20) The Cleveland Guardians, and the goal I stopped believing in (30:34) Your goal and the company's goal are two different goals (32:20) The Bain Capital founder who could not answer "how do you choose the right goal?" (33:39) "Just choose" versus optimizing for the wrong thing (36:02) The purpose of the goal is whatever it forces you to face (37:58) Physician's Choice cut profitable SKUs to build a $100 million company (39:55) Why every event and every scroll hands you four more goals (41:47) Alicia Alt went from 10 customers to 8,000 in one week (43:20) The power law, and why a great one is worth 10,000 average ones (45:20) Margin for error: what a superstar does for everyone else on the floor (46:03) "The who often comes with the pathway" (48:15) Tom Brady and Odell Beckham Jr. had the same game and different goals (52:43) José Ramírez took $100 million below market to be the greatest Cleveland player ever (53:37) How many goals Ben actually has (54:48) The Logan Paul problem, and what Musk is really optimizing for (57:41) You are not sacrificing the other six goals, you are sacrificing them for now (1:00:37) Raising the floor is the conscious choice to let things go (1:04:07) "I'm not capable of that." Why belief is not required at the start (1:08:44) Hidden commitments: the $31 million founder avoiding his father's collapse (1:12:45) Big visions and a life you actually enjoy DISCLAIMER: The information contained on this Podcast Channel and the resources available for download/viewing through this Podcast Channel are for educational and informational purposes only.

Mary Anastasia O'Grady reports Keiko Fujimori has secured the Peruvian presidency by a narrow margin, inheriting a nation plagued by organized crime and Chinese influence. Fujimori faces an immediate crisis with the expected arrival of El Niño in September, which threatens the fishing industry and may cause floods. Transnational criminal organizations involved in extortion and illegal mining present a strategic threat to property rights and small businesses. Additionally, China's construction of the Chancay port and heavy mining investments have granted Beijing significant political leverage. Fujimori must now balance these economic realities while attempting to restore the rule of law. (8)