Why Home Sellers Need to Know the Top 9 Agent Selection FactorsSegment 1What are the top 9 Agent Selection Factors and why do home sellers need to know them?Not All Real Estate Agents are the SameFactor # 1: Strong Marketing SystemFactor # 2: Well-thought Pricing StrategyFactor # 3: Proven Track RecordSelling Homes in My Area74% of Agents Sell 3 or LESS Homes per Year!Factor # 4: Proven SystemAttracting buyersBuyers-In-WaitingOver 25,285 buyers in our databaseMost Agents Want the ‘EASY BUTTON'Found this on Home Light:“I love when my buyers go to open houses,” says Jeremy Zucker, a top agent”.We Find MANY Agents Meeting Buyers...Want a Copy of Our Agent Selection Factor ChartThinking of Moving?What to Do to Get Your Home Ready for SaleWhat a Buyer Would Pay for Your Home in This MarketHow Much You Will Put in Your Pocket When It Sellswww.BarbHasTheBuyers.com or call 719 301 3900You can reach me at 719 301 3900 OR VISIT www.BarbHasTheBuyers.comWhat are other selection factors that help homes sellers get the Most Money when they sell?Factor # 5: Netting the MOST MoneyStrategies to Command Top DollarProfessional PresentationProfession Prep for PhotosPricing that Commands Top DollarFactor # 6: Importance of Listing and Systems ExplanationMost Agents Juggle All the Balls!What Happens Next ChecklistFactor # 7: Why Agents Quote an Unrealistically High List Price?Factor # 8: Why Agents Quote a Low Commission?Factor # 9: Agent Must be Likable and FriendlyWe Are STILL IN a STRONG SELLERS MARKETCall us at 719-301-3900Find out How We Help Our Home Sellers Get The MOST Money With The Least HassleYou can reach me at 719 301 3900 OR VISIT www.BarbHasTheBuyers.comUp Next:The 6 Reasons Why a Home Seller Might Choose a Less Experienced or Less Successful Agent vs The Barb Schlinker Team
00:00 - Intro01:31 - Green water from calcium/alkalinity imbalance. Add calcium.03:08 - Copper. Figure out where the copper is coming from (and stop it), then remove copper.04:51 - SC-1000 is not a stain or metal remover. It is a chelating agent that needs to be used in conjunction with a citric/ascorbic acid and a metal filter/remover.07:17 - Algae. Chlorine (HOCl) is the best algaecide. Orenda does NOT make any algaecides.14:20 - Remove debris from a green pool, because piles underwater can protect algae from chlorine.18:45 - Liquid chlorine is the preferred chlorine method for green pool cleanups.19:46 - Reminder: never mix different types of chlorine!23:25 - Green pool cleanup process (in order): remove debris. Netting, brushing, vacuuming. Super-chlorinate, add PR-10,000, then CV-600 or CV-700 enzymes.26:21 - When do we add enzymes? Some add them same day, some add the next day. Both seem to work.31:00 - Recap: first, figure out why your pool is green. It may not be algae.33:23 - Thank you for listening!------------------------------------Connect with Orenda Technologies Website: https://www.orendatech.comBlog: https://blog.orendatech.comYouTube: https://www.youtube.com/user/OrendaTechnologiesFacebook: https://www.facebook.com/orendatech/Instagram: https://www.instagram.com/orendatechnologies/
On Episode 479 of Hittin' Season, hosts John Stolnis, Liz Roscher and Justin Klugh discuss the Phillies' weekend series against the Washington Nationals. The Phils have had the Nats' number since an ill-advised tweet by Washington's social media team The offense is almost fully healthy now so there are no excuses anymore Should the Phillies send down Spencer Howard? Why don't they know what's wrong with him? It's All Star voting time, how many Phils are worthy? Netting falls down during Sunday's game... our memories of the weirdest things that we've ever seen at a sporting event. Learn more about your ad choices. Visit podcastchoices.com/adchoices
It's The Naked Time for Anne-Marie and Peter, so it's as well this is an audio format. Next (naked) time, recording Tues 15th, they're hoping their memories of Charlie X cheat, and it's not as wince-worthy as they think. Feel free to send your thoughts in (just keep the feedback to less than 5 minutes please). Borgcast@gmail.com
Stel, Rhodri Giggs and Steve Eyre discuss the latest Premier League news as Man City win the title despite losing at the weekend.The lads share their thoughts on a potential managerial merry go round and theres a bet on Calvert Lewin's potential goal tally!
What is netting? Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to discuss netting. They discuss what netting is, what different types of netting there are, and some benefits of netting. Listen in and learn a little bit about netting.
Here’s the latest news on the spring real estate market in our area. The spring real estate market is back with a vengeance. After a full year of dealing with COVID-19 here in the U.S., a vaccine surge is on the horizon and the economic outlook is positive. March, a historically active month for the market, is once again poised for strong performance. Home prices continue to surge despite a slight dip in demand. The recently released S&P CoreLogic Case-Shiller 20-city price index shows that home prices have been increasing at the fastest pace since 2014. It was also reported at the end of February that total mortgage application volume fell by 11.4%. That’s largely due to interest rates climbing back up into the high 2s and low 3s. While it’s clear that 2021 won’t be a second consecutive year of watching rates limbo to new lows on an almost monthly basis, the Fed still intends to keep rates artificially low. Furthermore, millennials—the largest generation in American history—will continue to pour into the market after helping Zillow’s traffic skyrocket to 9.6 billion visits last year. However, an uptick in inventory this spring may thaw our market. An intensified seller’s market emerged in the wake of the pandemic. It has led to homes in some markets fetching a jaw-dropping number of bids before going under contract for tens of thousands of dollars over list price. At the same time, it also hampered sales a bit. Pending home sales fell in January because there are simply not enough homes to match the demand on the market. With more sellers primed to enter the market, weary homebuyers may find a smidgen of relief—but they still won’t be calling the shots. (Offers over list price will still be par for the course). Would-be sellers who sidelined their plans last spring due to COVID-19 may feel more optimistic this time around. They’ve watched the 2020 housing market triumph in the face of adversity, and they’re seeing consumer confidence rise now. More inventory this spring could grease the wheels of the housing market and lead to huge increases in sales. “Millennial homebuyers are continuing to pour into the market.” What does this mean for you? Though some buyers may be deterred by interest rates ratcheting up a bit, many more are rushing to lock in affordable monthly payments while they still can. For sellers, the competition will increase markedly over the next few months. Netting top dollar is still more than possible, but overpricing a home and failing to prepare it for the market is a losing strategy. Buyers and sellers alike need to work with a skilled professional to navigate this market madness. If you’ve even been entertaining the idea of selling your home at all this year, I invite you to give me a call or send me an email today. I’d love to hear from you and answer any questions you may have. Teaser: As we head further into spring, I want to bring you a quick update of where our real estate market stands. After a full year of dealing with COVID-19, the outlook for this spring and summer are strong. Home prices continue to surge and although demand has dipped slightly, it’s still driving our market. Inventory remains extremely low and home sellers are reaping the benefits. At the same time, homebuyers are still able to lock in historically low interest rates. To learn more about what’s going on in the market, watch this short video.
In this episode we got Shea Adair one of our first mastermind members sharing how he turned around his real estate career. He couldnt see the light in the tunnel till he found Uncle Karls techniques and started to make incredible returns. This is his website, where you can find his information. www.sellraleighhomefast.com If you are interested in learing more about out mastermind join from this link below! https://www.unclekarlsmastermind.com/uncle-karl-s-friends-mastermind-group
What's the secret of a great online course or program?Don't know? Dan Netting does and he's helping course creators and virtual teachers create great content, get it online and make money doing it. Join us as we talk about how to make bank from online courses.Having spent 8 years building a business around packaging and selling expertise onlinein a very niche and traditionally offline based industry - motorcycle track riding techniques– now Dan helps other coaches, consultants and trainers turn their expertise into impactful online courses to help them better leverage their knowledge, while also buildingbusinesses based on a foundation of the positive impact they have on the people theyserve.Here's where you can connect with Dan:Facebook: https://www.facebook.com/dannetting7LinkedIn: https://www.linkedin.com/in/dannetting/Instagram: https://www.instagram.com/itsdannetting/Dan says "the success is not in the sale, it’s in the client transformation." His focus is on creating learning experiences that work and deliver results.Dan's book recommendation was 'How People Learn' by Nick Shackleton-Jones.Join Dan's FREE 5-DAY program for online course creators:https://dannetting.com/ Make sure you're subscribed for more great guests and edutaining conversations on Speaking of Influence. If you enjoy this you might just love my new show Points of Change, speaking with coaches, mentors, experts and changemakers about what their critical points of change have been and how they are empowering others to life transformations.Buzzsprout - Let's get your podcast launched! Start for FREEDisclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.
Safety netting is a crucial component of care within the Emergency Department but often there is very little teaching on how to do it well. In this week's episode Chris White, an Advanced Clinical Practitioner from Nottingham talks to Dr Edward Snelson, a PEM Consultant from Sheffield, about why that might be the case and how we can all improve our safety-netting skills.
Kalian yang sering punya pikiran negatif atau negative thinking, Bang RC punya solusi buat mengatasi biar lo ngga negative thinking lagi. Simak video ini sampe habis biar lo ngga NETTING lagi. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
It wouldn’t be unreasonable to say that we are always in an age of crisis. Whether this entails more apocalyptic tendencies or more tempered framings, crisis seems to be a constant companion throughout human history. At present, crises abound regarding climate change, exploitation of land, and soil degradation. We’re seeing major cracks in political economies, many of which stem from misguided cultural paradigms. With an industrialized global economy based on fossil fuels and an ethos that disregards limits, we find ourselves in an unsustainable present, with what is becoming an increasingly likely catastrophic future. Most people agree that we can’t continue along the same trajectory we're currently on. Yet, many attempts to forestall the further collapse of prevailing systems appear insufficient for the tasks at hand. What will it take to shift toward more egalitarian and low-carbon societies? Is it possible for global supply chains to be ecologically sustainable and ethically justifiable? What negative impacts do global and industrialized political economies have regarding personal autonomy, spiritual fulfillment, community connectedness, and ecological conviviality? When should we practice skepticism toward centralized and tech-optimist solutions to our many crises? Jeffrey Howard speaks with Chris Smaje, a farmer and social scientist that has coworked a small farm in southwest England for more than 15 years. In his new book, A Small Farm Future (2020), he argues that societies built around local economies, self-provisioning, agricultural diversity, and commoning of certain ecological resources are our best shot for creating a sustainable future—in terms of the ecological, nutritional, and psychosocial. In this small farm future, Smaje doesn’t imply that there will be no place for large farms or industrialization. Similarly, he doesn’t propose this vision as a panacea for all our problems nor as a utopia looking backward toward a romanticized past. There will be trade-offs. Difficult ones. He offers a melioristic way forward, believing that ecological and moral limits are going to force our hand, compelling us to consider more radical alternatives than the status quo allows. A Small Farm Future advances a surprising amount of optimism despite how much dominant systems are not only showing signs of significant breakdown—made more pronounced by the COVID pandemic—but suggesting their likely collapse. Whether or not the types of collapse Smaje discusses actually happen in the ways he anticipates, he believes that the earth’s population will be better off if we shift toward small-holding property ownership, oriented around place-based communities and local economies. Several questions worth contemplating. In what ways does scaling up systems make us less able to deal with crises effectively? What advantages do permaculture and regenerative agriculture have over large-scale, monocultural approaches? What are some politically feasible ways to make land access more egalitarian? And what trade-offs might we have to make in moving toward a small farm future? Show Notes A Small Farm Future: Making the Case for a Society Built Around Local Economies, Self-Provisioning, Agricultural Diversity, and a Shared Earth by Chris Smaje (2021) Degrowth by Giorgos Kallis (2018) Limits: Why Malthus Was Wrong and Why Environmentalists Should Care by Giorgos Kallis (2019) Less Is More: How Degrowth Will Save the World by Jason Hickel (2021) Farming While Black: Soul Fire Farm's Practical Guide to Liberation on Land by Leah Penniman (2018) Smallholders, Householders: Farm Families and the Ecology of Intensive, Sustainable Agriculture by Robert McC. Netting (1993) Stuffed and Starved: Markets, Power, and the Hidden Battle for the World’s Food System by Raj Patel (2007) Peasants and the Art of Farming by Jan Douwe van der Ploeg (2013) Against the Grain: A Deep History of the Earliest States by James Scott (2017) Ramp Hollow: The Ordeal of Appalachia by Steven Stoll (2017) A Small Farm Future blog by Chris Smaje
2020 changed the way most “traditional” businesses that mainly operate offline work, and many struggled to adapt to a virtual world. But that struggle needn't be quite as hard, as so much of the value people like this have is locked up in their expertise, skills and ability to get their clients results. They just need a different way of delivering this to their clients. And my guest today knows exactly how to help you do this! Dan Netting has spent 8 years building a business around packaging and selling expertise online, all in a very niche and traditionally offline based industry, motorcycle track riding techniques. After learning what it takes to create amazing online learning experiences that really deliver, today he helps other coaches, consultants and trainers take their expertise online, with a focus on creating something that's built on the foundations of the positive impact it has on other people. Plus we help out another business leader on The Virtual Hotseat where we're answering the question... “I know how valuable it is to build my influence with video, but I'm so uncomfortable doing it. What's the most impactful way of doing this so I don't hurt my brand by being so bad?” Mentioned On This Episode The Growth Accelerator Implementation Programme Join The B2B Growth Think Tank Community Connect with Dan on LinkedIn Get Dan's FREE Guide: 5 Steps to Packaging Your Expertise Connect with Adam on LinkedIn Get My Free Book Conversational Relationship Marketing Get More Free Business Growth Resources on The B2B Growth Think Tank Listener Gift Page
FRB expands "Netting" protection eligibility for financial institutions. FRB governor describes progress in developing climate-related risk framework. SEC and New York Attorney General charge digital asset trading company with registration violations. SEC awards $3 million to two whistleblowers. Broker-Dealer settles FINRA charges for customer notification and supervisory failures. MSRB extends date for compliance with primary offering disclosure form. FINRA reports GASB accounting support fee for 2021.
We consider the November 20, 1985 software glitch that shocked the interbank market. Then, a brief history of Fedwire, Telex, SWIFT and CHIPS. Also, elephant monopolies and a potpourri review of Jeff Snider's recent writing.
If you can add value by educating people, helping them solve a problem they may be more likely to use your service. Joe public doesn't really know about mortgages, pensions, investments and protection. There's a lot of education required! Dan talks us through his learning framework to make it a little bit easier for us rather than having a scattergun approach.
Perry leads us on a historical diatribe of wallpaper with netting.; it includes history of the process, preparation and preservation, materials and tools, hanging the netting, room corners and shrinking and wallpapering.
It's a PSA to all those “environmentalists” who just can’t give up eating fish. Quit lying to yourself! As the trio dives deep into the misconception that fish do not feel pain and how this industry of death is destroying the world around us.
With the season now drawn to a close, Phil Walker and Yas Rana talk about their newfound love of netting, the ends of their summers, match teas and the record-breaking young quick at Phil's club.
The Government says the UK will reach net zero greenhouse gas emissions by 2050. But what does it need to do to meet its target? What would a serious net zero plan look like? How does government need to change to implement one? And, in the week the Climate Assembly launches its findings, how should the public be involved in decisions? Jill Rutter, Senior Fellow at the institute for Government is in conversation with:Chris Stark, Chief Executive – Committee on Climate ChangeRebecca Willis, Professor in Practice - Lancaster University & Expert Lead at Climate Assembly UKEmma Norris, Director of Research – Institute for GovernmentTom Sasse, Senior Researcher – Institute for Government See acast.com/privacy for privacy and opt-out information.
Tessa Netting (@tessanetting) is back for more AVPS coverage! She brings to the table an incredible Alan Rickman story, Mike brings a lengthy tangent about MySpace. Equally great, right? Topics include: Snape impressions, deep voices, old memes, Paramore, puppets, XANGA, Target.com, editing yourself, Potions Master’s Corner, and more! Snag some Wizard On jewelry for a good cause! https://t.co/dwnRhHIDZj?amp=1 Thanks to our sponsors! SHAKER & SPOON: Get $20 off your first box! TABFORACAUSE: Raise money for charity just by opening tabs! — Thanks for listening to this episode of Potterless! Don’t want the journey to stop? Check out the links below and as always, Wizard On! WEBSITE: PotterlessPodcast.com (LEARN ABOUT THE SHOW!) PATREON: patreon.com/potterless (SUPPORT THE SHOW!) TWITTER: twitter.com/potterlesspod (TWEET THE SHOW!) INSTAGRAM: instagram.com/potterlesspodcast (PICTURES OF THE SHOW!) FACEBOOK: facebook.com/potterless (HOME OF THE FANCY PRIVATE GROUP!) MERCH: potterlesspodcast.com/merch (REP THE SHOW!) DISCORD: (For $2+ patrons!) Created/Hosted/Edited/Produced by Mike Schubert, Music by Bettina Campomanes, Web Design/Art by Kelly Schubert Learn more about your ad choices. Visit megaphone.fm/adchoices
Tessa Netting of Fantastic Geeks joins to talk A Very Potter Sequel. Since she is FREAKING ENGAGED TO THE ACTOR WHO PLAYS SNAPE, she gives a ton of behind-the-scenes info. In addition to generally praising AVPS, we address the distasteful Umbridge portrayal and share the earnest apology by the writer. Topics include: Cursed Child stealing from StarKid, Red Vines, pantomiming, vampire John Lennon, Ravenclaw is New Hampshire, Scarfie, The Dark Knight, Lin Manuel Miranda, Piglet, and more! CONGRATS TO TEAM PUT-OUTER FOR WINNING POTTERLESS DONATION DUEL #1! Over $3,500 was raised for the Marsha P Johnson Institute, which you can learn more about at marshap.org Thanks to our sponsors! HELLOFRESH: Get $60 off your first week with code 60potterless! STITCHFIX: Get 25% off when you keep your entire box! — Thanks for listening to this episode of Potterless! Don’t want the journey to stop? Check out the links below and as always, Wizard On! WEBSITE: PotterlessPodcast.com (LEARN ABOUT THE SHOW!) PATREON: patreon.com/potterless (SUPPORT THE SHOW!) TWITTER: twitter.com/potterlesspod (TWEET THE SHOW!) INSTAGRAM: instagram.com/potterlesspodcast (PICTURES OF THE SHOW!) FACEBOOK: facebook.com/potterless (HOME OF THE FANCY PRIVATE GROUP!) MERCH: potterlesspodcast.com/merch (REP THE SHOW!) DISCORD: (For $2+ patrons!) Created/Hosted/Edited/Produced by Mike Schubert, Music by Bettina Campomanes, Web Design/Art by Kelly Schubert Learn more about your ad choices. Visit megaphone.fm/adchoices
Lots packed into this episode. Phil Walker and Yas Rana discuss being allowed to net again, Scott Oliver discusses the likelihood of amateur cricket returning this summer, Johnno Gordon gives a perspective of the challenges facing club captains at the moment and Rob Cross explains why he and two other soldiers decided to run marathons to raise money for the NHS and Chance to Shine.
Do you wonder which investing strategy the seasoned pros are switching to during this shifting real estate market? I sat down with friend and mentor Matt Theriault and grilled him on what he's doing RIGHT NOW to create passive income... Even during the state of uncertainty that we are in. He shared with me before the call that he just added three new deals to his portfolio using this strategy.. Netting him another $1,600/month in cashflow! Tune in to find out where your focus should be if you want to build streams of income over the next 12 months. Check out the Epic Real Estate Investing Youtube Channel: www.epicrei.tv Download Matt's "Cheat Sheets" on Creative Financing at: www.epicbreakthrough.com Want to build passive income but confused about where to start? Click the link below to book a FREE 45 minute strategy call with me. https://brian-ellwood.mykajabi.com/freestrategycall On the call we'll layout your goals, what holds you back, and exactly what you need to do next. Book your call now, slots fill up fast! Click here to book your free 45 minute Strategy Call with Brian: https://brian-ellwood.mykajabi.com/freestrategycall
EP219- Live Listener Questions Episode 219 is a live show featuring live audience questions. Jason & Scot get to interact with listeners live. It's also a rare chance to watch the podcast, as the episode was recorded with video, watch it on YouTube. Don't forget to like our facebook page, and if you enjoyed this episode please write us a review on itunes. Episode 219 of the Jason & Scot show was recorded live on Wednesday, May 7th, 2020. http://jasonandscot.com Join your hosts Jason "Retailgeek" Goldberg, Chief Commerce Strategy Officer at Publicis, and Scot Wingo, CEO of GetSpiffy and Co-Founder of ChannelAdvisor as they discuss the latest news and trends in the world of e-commerce and digital shopper marketing. Transcript Jason: [0:24] Welcome to the Jason and Scott show this is episode 219 being recorded live on Wednesday May 6 2020 I’m your host Jason retailgeek Goldberg and as usual I’m here with your co-hosts God Wingo. Scot And Guests: [0:40] Hello cats and kittens. Oh sorry wrong shh hey Jason and welcome back Jason Scott show us nurse about two months ago we had our first live live live listener event and it was so popular. That we had a lot of requests to do again we had we couldn’t get to all the questions so we have a backlog of questions from that Jason before we jump in I see we’ve got some QA going on here. One housekeeping thing is if you do want to ask a question we would love to do it live where we’ll have you your audio come in and you can ask it. Using the audio so that when people listen to the podcast they have a little Variety in what they hear but before we do that Jason any road trips Irani report on or any news you want to go through. Jason: [1:24] I have done amazing road trips in the last two months I’ve been to Russia I’ve been to Europe you know ordinarily like I booked all these gigs and I have to reserve like three or four days travel time to get to them and now I can do like three gigs in different continents in the same day so it’s a embarrassingly more efficient and I feel like I see more credible when I’m further away on a screen than I do when people get me in person so so yeah. Scot And Guests: [1:57] You got in your joke timing down I found on the zoom it’s little bit harder to kind of like judge the audience with your tongue. Jason: [2:03] Yeah I just assume I have my own laugh track I play for my own benefit and so I just I’m just assuming that that works. Scot And Guests: [2:12] You had time to do a laugh track but not our theme song I’m hurt. Jason: [2:15] I’m prioritizing yeah I apologize to all the live listeners you didn’t get to hear the show music that ordinarily gets added in post but if I were a more diligent audio engineer I would have arranged a way to play it for all of you to get in the mood for tonight. My bad Scott Moore. Scot And Guests: [2:33] One thing I want good. Jason: [2:34] I was just going to say like this is a three-day Streak For Me of goodness like May the force be with you Day always a super important holiday is you know I have a young son that’s. Like completely fixated on Star Wars so he’s decided that that’s the greatest holiday ever. And with utter fear on his face he asked me first thing in the morning on May 4th dad do Jewish people celebrate May fourth day. And he was thrilled. Yeah he was thrilled to find out that it’s a non-denominational holiday and then we transition seamlessly into Cinco de Mayo and I did a lot of customer gigs with margaritas. Scot And Guests: [3:18] The correct Star Wars holiday there is a competition is returned to the fifth. Jason: [3:24] Yeah I got you I did. Scot And Guests: [3:26] Revenge of the fifth yeah sorry. Jason: [3:28] I could have could have stretched it out to two days I had no no idea. Scot And Guests: [3:34] And then today was you get to podcast So Good Times. Jason: [3:39] Exactly I feel like and special honor we’re already being Zoom bombed in in the chat. Scot And Guests: [3:47] Yeah Olivia we got to bring Olivia into the live discussion. Jason: [3:53] Yeah yeah are you oh Egypt person that’s having fun with us or are you a troublemaker that I have to boot. Scot And Guests: [3:59] A troublemaker. Jason: [4:00] Seems like Olivia should get booted. Scot And Guests: [4:03] Yeah I vote the boot. Jason: [4:05] Yeah alright bye Olivia it was good knowing you. Scot And Guests: [4:09] Well you’re booting alyvia one of the things I want to talk about is there’s been some more earnings since our last podcast last week last week we really focused on the Amazon q1 results which were pretty stellar and then since then we’ve had Etsy this afternoon this morning was Shopify it was yesterday was Wayfarer and then this afternoon square and PayPal and I would say the the overwhelming theme has been you know everyone has seen this surge of activity due to the pandemic. The PayPal CEO said he feels like digital payments have moved three years ahead into the future square as well. One thing I didn’t understand about square is they blew away the top line but the bottom line had a huge impact I don’t know if that’s because when they sign up new customers to get some really good rate or something and then Etsy was interesting they they have become the go-to place for handmade masks which is there have been quite a moment so they’ve sold something like I think. [5:08] Three to eight million mask on their platform which was an amazing you know handmade face mask and then Shopify just kind of crushed expectations and the one analyst I follow their Collins Bastion he may be on he raised their price Target from 475 to 820 and it’s currently at 7:30 so whoever asked for stock recommendations that may be an interesting one to look at because it’s kind of one of those you know playing the the guys selling the pickaxes and shovels versus the actual folks doing the mining so Shopify stock I think it’s going to rip pretty good. And then you have tried it about Peloton they crushed estimates as well and after hours I saw they were trading up pretty substantially and they haven’t even been able to launch their new treadmill because it has this white glove in-house delivery that is not social distance friendly so those are some interesting things going on in the stock side that have an e-commerce digital time. Jason: [6:09] Yeah are we jumping into the stock question or were you just you were that was just kind of a pre-analysis. Um yeah so a like I’m the world’s worst at stock advice and and what what I have learned is. It turns out it’s not all that helpful to predict what companies are going to do well and not do well like what’s more important and is to understand. [6:32] What sin or not in the existing price if you want to make money. [6:37] So so with that huge caveat that I’m usually wrong I’m going all in on the pics at pickaxe and shovels and I’m going to suggest some stocks like. Um some of the micro fulfillment centers that that grocery stores are now buying right like so my premise is digital grocery before covid-19 was 3% of grocery sales and there was a prediction that they might get to five percent by 2022 digital groceries at 10% right now. So basically we’ve jumped forward at least five years in the future of digital Grocery and huge caveat and digital grocery it’s wildly unprofitable so when the retailer has to pay for all the grocery picking and the grocery delivery grocery delivery doesn’t make any money so the way retailers are going to ultimately make money on this digital grocery is. Get you to pick up your own groceries via curbside pickup and use a robot to pick the order instead of paying a human being to pick the order in the store and so these these robots for grocery stores are called micro fulfillment centers and there’s at least three of them out there that have big Pilots with Grocers right now and they all have reported more than double digit. [7:57] Um sales growth since the beginning of the pandemic and so it was super early in their evolution and so the the fact that there. [8:08] Already seeing this this spike in demand like bodes probably really well for them so that’s companies like alphabat and take away and I’ll think of a couple others I’ll put in the show notes tonight. Scot And Guests: [8:23] Should we hit the audience up for some questions. [8:36] If anyone wants a child but I think at the little hand raised there. Jason: [8:40] Yeah should we start with a while we wait for some reason our hand should we start with. Scot And Guests: [8:48] Here’s Michelle let’s hope this isn’t a crazy Zoom bomber let’s see what we got. Jason: [8:52] Oh I see it hang on Michelle we’re turning you on. [9:09] We’re we’re excited for you to be here for the rest of the listeners you are a past guest on the show when you were with your monitor and you’ve actually started a new gig recently with Salesforce. Scot And Guests: [9:22] Yes I am I now work at Salesforce I started in early March there’s one place to start working at during a pandemic Salesforce is definitely it’s a great company and I’m really enjoying my time here. Jason: [9:37] Yeah and it seems like there so go ahead Scott. Scot And Guests: [9:40] Have you met Marc benioff not yeah but it’s definitely on my to do list how about the top of the Salesforce Tower. Also on top of my to-do list once it’s reopened I’m also excited about our new tower that’s coming in Chicago the top floor will be open service I hope. Host quite a few events once it’s built in three years nice. Yeah my question is are there any topics or themes or issues in the retail that aren’t getting enough attention. That you think that we should be aware of. Jason: [10:25] Good one I have a few opinions but Scott did you have something you wanted to say. Scot And Guests: [10:31] I would say one of the so you go to these conferences right and there’s all the talk in the front of the house and then there’s this, back of the house talk I would say the back of the house talk I hear the most in e-commerce it’s kind of bubbling out now is the sustainability sustainability and scalability of this kind of direct to digital brands so does DMV be have legs can you build something over a hundred million or some of these things anomalies like Dollar Shave Club and some of those or, you earned is this kind of giant Gold Rush of these digitally native for cool Brands going to will sustain or will it die in a big fire pit of people that don’t make it through so so I think that’s really interesting to Think Through. The same time whenever I’m watching TV I’m seeing a lot of ads for these things now added ad rates have come down because traditional advertisers are kind of on pause so you’re seeing a lot of these kind of calm or direct response kind of ads on TV so it’s an interesting topic that I don’t think is getting enough probably coverage out there. Jason: [11:35] Yeah and again it depends on what echo-chamber you’re in and what you hear in terms of what you think might be covered or not covered but I’ll tell you in. [11:45] In conversations with retailers I’m still somewhat shocked how unrealistic a lot of retailers seem to be about. The likely duration of the impact of all of this so you know we like we talked to lots of retailers that have like this three stage plan or this four stage plan but the the final stage of their plan is almost always back to normal and binormal they mean, pre covid-19 and back to normal is almost always the end of 2020 or maybe. The middle of 2021 and I’ll be honest both of those things somewhat surprised me like I don’t think we ever go back to, pre covid-19 I think there’s enough things that are permanently going to change the retail and Commerce in the US are going to be wildly different. In the future and so I think just the notion of going back is is. Sort of quaint and you know frankly like we you know we’ve actually brought in some epidemiologists and some immunologist to sort of help us scenario plan and it just doesn’t seem like you talk to any credible expert that really sees this ending. [13:06] Or you know going back to the kind of things where we all get to go in person to a trade show or or you know go to these big mass group things or frankly have unlimited traffic in a retail store. [13:21] Until we have a full-blown and widely distributed cure. Um for the virus and realistically the fastest of a vaccines ever been produced in the history of the world is five years so let’s imagine that with the crazy resources marshaled we do it way faster than that and we do it in 18 months you still got to find a way to get 7 billion doses. Out into the world and get everyone to take it and oh by the way a lot of vaccines require more than one dose like there’s all this negative news. That makes me think that we’re going to return to a lot of our old activities but in a significantly modified way. For probably two years and I like don’t hear that a lot when I talk to people thinking about their plans when I talked to retailers that are forecasting their sales like none of them are thinking that like for the foreseeable future they’re not going to be allowed to let an unlimited number of customers in their storm like that’s that you know they think of that as a very short term. Thing and I you know I hope to be wrong but I think they’re missing it what about you Michelle his there anything that that’s that you feel like people aren’t talking about enough. Scot And Guests: [14:36] Well I am particularly curious about returns because we see all of these you know we see all the metrics to digital Commerce Commerce Rising but you know obviously there’s a high return rate associated with. It was e-commerce particularly in clothing and Footwear so I’m I haven’t seen too much around the returns issue and has return rates you know have that have they drop down because people you know are. I’m buying what they don’t need they’re not necessarily buying three items only keep one or. Our return retooling steady sort of a the shift in consumer behavior and then be we are seeing a little bit more around the actual Logistics. Doing the returns how do you keep the merchandise clean and safe and audio process it but yeah I’m really curious about the return issue and. How that’s factoring in into the situation. Jason: [15:37] Yeah yeah it’s a great topic and in my observation at the moment has been like the categories that are most up in e-commerce are not the categories that traditionally had super high return rates right so all, digital generally always has a higher return rate than in store but in a parallel for example it’s much more acute and you know apparel Sales Online have been pretty soft right now and so then you know then the retailers that are really booming have temporarily sort of. Cancel their their return policies and so so like if anything there’s a slight extra kiss right now in profitability that that a lot of these retailers are seeing lower returns because either they’re not accepting returns or there’s extra friction on the part of the customer to do returns and so they’re just not doing it so. Sales of the high return items seem way down but return seem way down. [16:39] Honestly though in my mind that’s getting overwhelmed there are all these other costs of e-commerce sales that are artificially high right now that you know are more than eating up the margin the that retailers are gaining by by this you know what I presume is a temporary abatement of returns and so to me like the top-line story that we’ve heard in a ton of their earnings is hey good news e-commerce is up it’s not up enough to make up for all those sales we lost in the store and those sales are way less profitable than they would have been if they were in the store and so margins are super super challenged so. Scot And Guests: [17:24] When I follow the startups in the return space and it’s interesting that I’ve been at this like 20 or 30 years and you know they always fall into two categories there’s ones that have like some digital solution where they don’t touch anything at the end of the day they’re kind of like issuing an RMA and doing some tracking look every retailer already has that so I don’t understand understand how that it solves anything or they go super heavy and they’re like going to build a whole infrastructure and touch every product and graded and resell it in some way and I’ve never found a company that has some kind of like solution in the middle that helps companies handle the logistics I remember in the late 90s like this kind of. Two to four time frame there’s a company called return by and they raised like 30 million dollars and they went and built this big returns facility and I did a tour of it was amazing and I had all these conveyor belts and things would go upstairs and go through the sorting system and I was there in the hole I was like on the 30-minute tour and I was there for. [18:24] You know I saw five packages go by and some of them were the little ovens like the Barbie ovens but they couldn’t resell those because the food inside had gone bad and then there was one Barbie with without a head and that I was kind of like all right I’ve been here 30 minutes I’ve seen five products that probably can’t be sold online what how is this business sustainable at all so returns are really hard because there’s no you know there’s probably some benefit of scale and if there is Amazon’s going to win because they’re going to have the internal in-house scale that no one else is going to be able to get to. Jason: [19:01] Yeah in the the related question like so like we have these kind of problems with like how do we make stuff that gets returned safe to resell or to get some some monetization from for the apparel guys if win at the store is ever reopen and customers are allowed back in the stores a big question is how you make dressing room safe like both of you know how do you keep the room itself safe but what do you do with the clothes that a customer tried on and didn’t buy and so their interesting questions there do you have to disinfect that stuff and you do it in a way that doesn’t harm or damage the products you know one one idea we’ve seen a lot in China so far is the close that customers Tryon get quarantined. And so literally you know customer tries on a dress doesn’t buy it and they have to put that dress in a quarantined area for two days before they bring it back out. So I think there’s going to be a lot of interesting new things that you wouldn’t necessarily think about it first blush. Scot And Guests: [20:06] Thanks for the question oh you’re welcome thanks for taking it good luck in your new role and Sinister softly with Marc benioff yes I will I’m gonna garfi first with Rob. Jason: [20:18] That I feel like the garfi is easier but I do think it’s a funny time to start a new job because like you probably haven’t seen the lower half of any of your co-workers yet. Scot And Guests: [20:28] I haven’t I haven’t met any of them in person since I started so. Jason: [20:32] Yeah that’s odd. Awesome well thank you much Michelle I will safely remove you from participating so you don’t have to worry about making noise. Scot And Guests: [20:48] Anyone else have a question raise your hand don’t take Olivia or penny. Jason: [20:53] Yep they’re both God. Scot And Guests: [20:53] The Bad actors okay we do have a right one right in when here let’s tackle that Christopher ask what brick-and-mortar retailers are going to come out of this stronger and why. Jason took a four shot at it. Jason: [21:08] Yeah well your friend Jim Cramer on Mad Money had a rant a couple weeks ago where he said like we’re trending towards the world when there’s only three retailers left in the United States and in his mind they were Amazon Walmart and Costco. I do think all of those retailers are super well situated. [21:31] You know obviously selling Essentials is a very helpful right now having already leaned into digital and particularly omni-channel retail is super helpful right now so so those read in those particular three retailers. Probably had the best balance sheets in retail going into. The pandemic so so those are the kind of retailers that are going to do super well I didn’t say this to Michelle but another one of the things I don’t think is talked about enough is. How many retailers are likely to go out of business because of this and so these healthy retailers are going to grab up that share. The in get even bigger so we’re going to see some huge consolidation at the top but even the retailers that don’t go out of business. Are likely going to right-size The brick-and-mortar Fleets and so I we saw the first announcement it was either today or yesterday but Nordstrom is closing 16 Mainline stores which is about 14% of its Mainline stores and people were talking about being surprised by that I actually think that’s a light I think a significant number of relatively healthy retailers are going to close something like 25% of their stores. Scot And Guests: [22:47] I didn’t see at Nordstrom’s news. Jason: [22:49] Yeah I’m here for you. Scot And Guests: [22:49] So do you think so so no one’s about apparel during this time and you know one Theory would be people you know they have all this you know if they’ve survived this and have the means there’s going to be a big kind of bump in buying apparel items you don’t think Nordstrom benefits for that or you’re just not sure they make it through to that point. Jason: [23:09] No well so I can but I think there’s a bunch of headwinds against a pair of so there is this premise there’s all this delayed gratification and and you know in China they talked about when they reopen stores they were really hoping for Revenge shopping is what they called it which I thought was pretty funny and this this notion that there was all this pent-up demand for consumerism and they hope can customers would go out and help Goose the economy by by aggressive spending in general like whether there are some occasions of that particular in luxury like there’s some luxury retailers that set records the first day they opened up in general we haven’t seen that kind of Revenge shopping and part of the reason is is because there’s huge economic uncertainty almost every Market is exiting from this quarantine period of the pandemic in a. [23:57] A super deep and sudden recession and so consumer confidence is super low. And so in the apparel space you just have all of these problems you had a perishable inventory that’s sitting in all those Nordstrom stores that they couldn’t sell even though Nordstrom is pretty better than most it online the majority of their inventory was locked in stores that were locked in mall so they couldn’t sell that inventory. It was perishable so it’s not it’s not fashionable or desirable when they can reopen those stores most of their stores are at malls and there’s a lot of evidence that customers are more afraid of going back to the mall than they are to freestanding stores. Nordstrom didn’t know what to do and I don’t mean Nordstrom particularly apparel retailers haven’t known what to do when they could reopen when they’re beat a man for their goods again so they’ve. Their supply chains are all screwed up and they haven’t ordered the next season stuff. And you know a lot of occasions that people buy apparel for. [24:58] Are now gone like you didn’t need to buy a prom dress this year you didn’t need to buy an Easter dress this year you didn’t you’re not going back to school shopping at the moment and so. Like even if there’s a little pent-up demand and they get a little bump when they reopen stores there’s enough long-term negativity in that apparel category that I think in any apparel every retailer is really smart maximize their liquidity right now and get their balance sheet in the best shape they can but but particularly in a parallel you. You really need to buckle up for a pretty rough ride because it’s not going to be pleasant. Scot And Guests: [25:34] When the I think it’s going to do well is Apple so I’ve had like ten instances where I wish I could go just run to the Apple store and grab a widget or something and then you had to either wait or I know several people at work have gotten broken computers they want to take in to have fixed and and you know if the Geek Squad or whatever that is called is broken no Geniuses to be had. How about you didn’t say grocery. Obviously those are going to do really well and then we have I think the drug stores have done pretty well I’ve kind of wandered into a couple of drugstores and they’ve been pretty busy and one here in town got some hand sanitizer it was like. Jason: [26:14] No exciting. Scot And Guests: [26:15] Very very exciting so caused a pretty big set of demand from them. Jason: [26:20] That in your in Raleigh that could be a huge event even before the pandemic but yeah. Scot And Guests: [26:26] We get excited about little stuff. Jason: [26:27] Yeah yeah grocery is like obviously the shift to digital groceries really exciting so if you’re someone that’s in the digital grocery space in particular like there’s a huge Boom for you for traditional grocer it’s a mixed bag because um the the shift to the digital channel is hugely problematic from a profit standpoint and there’s other bad stuff that’s happening simultaneously consumers are buying bigger packs of stuff which are less profitable the the Grocer’s cost right now or skyrocketing they’re paying employees more they have all these extra cleaning processes companies like get spiffy charge them a fortune to come in and and Queen their facilities in the morning before they open they have restricted hours they can’t let as many people in so they’re like. It is good there is higher demand for grocery there’s a lot of operational challenges with profitability I think in the long term those gets solved but it’s not going to be an overnight thing and and then like really for grocery for it truly to be a win there’s a behavior that’s happening right now that has to stick and and this is the most interesting thing to me about the pandemic as I talk about these kind of six different categories of consumer behaviors and which ones might be permanent versus which ones will regress after the the quarantine at the moment. [27:53] There’s an enormous shift from consuming meals in restaurants to consuming meals at home and if that if a version of that behavior sticks like it’s clearly not going to stick to the level we’re at now but but if the new normal is more skewed towards consuming at home that that obviously is a increases the Tam for grocery but if the consumption goes back to the exact same levels and it’s just a shift from in-store sales to digital sales that’s probably not an economic windfall for the traditional Grocers it might be an economic windfall for the instacart sand fresh directs of the world and a big Debbie Downer for the pea pods of the world that turned off their e-commerce right before the pandemic. Scot And Guests: [28:38] Oops looks like a Christopher has question let’s see what he has to say. Jason: [28:42] Christopher let me find you here and you are on hi Christopher. Scot And Guests: [28:48] Hey guys you guys actually just answer my question. Jason: [28:51] Tell us what it was so we again take credit. Scot And Guests: [28:54] So it was the I was asking the question that you just answered about what brick-and-mortar retailers are going to earn a come out of this stronger I’ve got I’ve got a backup. Yeah it’s a backup question you know are there how are retailers handling training their Frontline staff. Specifically kind of best practices with covid and and I ask the questions obviously right like the two stores that I’ve been in. In the last month CVS has one way aisles that their employees seem to disregard. And and Target you know kind of has this as this buy online pick up in store option but the they haven’t made the pivot of moving their their pickup area. From away from the cash wrap and so what it does is it sort of creates this bottleneck of people. So I don’t know if there’s sort of any examples of companies that you guys have found that you know are really kind of thinking about sort of how to address kind of a post covid or in covid kind of environment in a better better way. Do I take it first Jason or. Jason: [30:02] Sure so both hey I was sort of quoted in the Wall Street Journal article this week with the exact same observation that like Milo’s local grocer has one way Isles and all the employees and professional Pickers in the store totally ignore it right so it and you know training customers for new behavior in the store requires like a significant effort and a significant amount of messaging and reinforcement none of which is happening right now so that that particular example totally agree with you inside note. Totally controversial and not good evidence that one way aisles are safer right like so that the notion behind One Way Isles is you don’t have to walk. Cross someone in these narrow aisles where their droplet spray is almost certainly going to hit you if they’re not wearing a mask a the science on the on the droplet spread like your droplets are staying in the air long enough that that you’re walking through the droplets of the person in front of you even though you’re both walking in the same direction so that’s kind of a bummer but the bigger problem is if one way Isles make you spend thirty percent more time in the store to complete your shopping list. You’re actually walking by more people and getting exposed to more risk and exposing more people to risk. Because of the one-way Isles then you’re actually reducing risk because the one way also that particular ones controversial. [31:29] Direct answer to your question to me the best retail operators in the world there are killing it right now or some of the regional grocery stores so to me an absolute hero of this is a chibi which is a regional grocery store in Texas. Drake backstory these guys identified the potential impact of the pandemic in January sent their whole executive team to China to talk to the the grocers in China that were being impacted by this they came back they put a plan in place in February they totally revamped their supply chain. [32:02] They instituted all these touchless processes in the store and they have a great engaged employee base that they really made him bass Udders for all these changes so I going to a regional like a chibi or hi v– and Iowa those guys are executing really well if you step up to a big National grocer um like to me Kroger has taken an interesting leadership position because not only if they rolled out a lot of best practices they actually published all their best practices launched a website and are giving away all of their employee training materials and assets to any other retailer that wants them. So if you’re a smaller grocer that like need signs explaining to customers what new policies are or you need audio messages to play over the PA system or you need a new addendum near employee handbook and training for employees Kroger is giving all that away and so like it you know there was an extra level of diligence and creating that that created the materials good enough not only for their own use but to share with the rest of the world so so prop props to them. Scot And Guests: [33:14] Yeah I would say you know the 30,000 foot level there’s. You know every consumer has fear uncertainty and doubt so it’s your job to try to give them peace of mind and everyone has different response to this there’s some people that are pretty Cavalier. And then there’s other people that are like super freaked out right so the more options you can give people then they can kind of use the risk-taking kind of. [33:38] Choose their own risk path if you will one of my best experiences during the pandemic was Best Buy they have curbside delivery so I did a normal boat this so I did a buy online pick up in store I needed to get some batteries for for a nest camera kind of thing and. Then you know in the app it kind of geo-fenced and it said hey looks like you’re near the store are you ready for your curbside delivery I said yes so it did some smart things using the app and then I’ve done a lot of curbside delivery with some of the food and stuff this one is like almost instantaneous you know the runner came out then the runner like stayed pretty far from the car and they went to the passenger side and they actually asked and they were wearing PPE and they asked you know can I set you know can I want me to hand this to you or just set it in the seat next to you so there was like a lot of awareness on the on their side about kind of seeing where my risk level is. I’m pretty high risk I just kind of smile normal mode of operation but it’s really interesting that they were really sensitive to that so that was one experience I think I think table Stakes is you got to have PPE for all your staff you can’t that has to be. Definitely gloves and a mask you know the the more medical the mask looks I feel better as a consumer so some of these like cloth ones just kind of like you know they have like a brand on them I appreciate the brand, you know as an entrepreneur but like the fabric Thing is a little dodgy touchless payments you know I’ve been in a lot of these I’ve tried using a lot of them and it really. Jason you’re like this one went to a grocery store it’s called Fresh Market. [35:06] And I used my Apple I did touchless with Apple pay and then she said I want to see the credit card why do you have a physical Apple card but she’s looking for the digits right. [35:16] Plus the thing generates random digits is my understanding right it generates a one use credit card I tried to explain that to her and not so then so then I had to switch to ATM and then I was like well while I’m here I’ll get some cash back. And then you know I put in like $50 cash back she’s like well the maximums 40 but then the terminal had a fifty dollar. Cash back button and then and then I was like you know the third time I was like well maybe this one you know maybe third time’s a charm and she was like. She’s really even Flinch because I guess it happens all the time that have these things so so do the touchless stuff but make sure you know I would have a some of the managers go through the experience to make sure it’s really working flawlessly. That was one other thing I have found grocery shopping is I’m like the only non instacart person in there by instacart I mean Postmates and all the other shift and whatnot so I feel like those people need some other workflow or something like their own registers or something like that because they are you know they take a lot of time to shop because they’re kind of like looking at the app and they’re kind of like you know and then they’re scanning something. I feel like it’d be interesting to have some other alternative way maybe there’s like one store that is designated just for them or something I don’t know the answer to that but it’s kind of weird because I’m kind of like I’m very transactional and are clogging up the aisles there’s literally like eight of them on an aisle and I’m trying to like juggle through them to get through the store. Jason: [36:40] Yeah and there is the that’s that was a problem when only 3% of grocery was online and so now that we’re a 10 like there’s a lot more of those professional Shoppers in the aisle and and there are a lot more of those conflicts like there are you know efforts around dark stores and those Choppers shopping from the dart stores that some retailers are doing interesting things like they’re having professional hours and Shopper hours so both Costco and Whole Foods are for the most part not letting professional shoppers shop the store at the same time as customers they’ve they’ve narrowed the hours that throw up in a customers and they have dedicated hours early in the morning and late at night for the professional Shoppers so all of this has allocation problems like you know you can just sell less. [37:31] Curbside orders if you’re limiting the hours that the pickers can pick but but since they all have artificial caps on their density in the store at the moment it makes more sense to have the Shoppers in some hours in the customers in other hours so you’re seeing a lot of that definitely touched your lips payment is way up in the thing that’s going to be interesting there is you know there’s a lot of self-service POS in retail particular and grocery that I’ll have touch screens which are now super icky right and so you can imagine there’s a rush to retrofit all of those and the non-touchscreen solution for all those is going to be that your mobile phone interfaces with the terminal and use the the interface on your own mobile phone and so that’s going to be a new Behavior we’re going to see rolled out and have to educate customers about but I think you know going to those touch POS systems scanning go with some retailers it experimented with. Is is definitely going to be bigger so so I guess some of those things are interesting. Scot And Guests: [38:36] What they wanted and they had put a thick mylar bag over the terminal and it was so thick I could hardly press the buttons I guess they must met you know they must take that off and clean it or something or it may may be just as. Jason: [38:46] Yeah we just want you to believe that exactly great questions thanks very much Christopher. Scot And Guests: [38:52] Thanks Christopher yeah thanks guys all right we got Ricardo and Scott Waiting by Let’s see we got here. Jason: [38:59] Okay Ricardo we are you are live hey. Scot And Guests: [39:05] Hey hi guys we are done here reporting to you from San Francisco they kind of a show. Thanks for calling in what’s what’s what’s on your mind I’m curious if you can talk a little bit about like the p&l office seller obviously differentiate in the u.s. versus in China you know like a referral fees the same I was just because the same. I think I’m really curious you know I know China is as a percentage of retail e-commerce a lot more and I think it’s maybe because they don’t have a lot of the physical stores that, we got in the west but still when you compare with other developing nations still so much more ahead so I’m just creating your thoughts on that thanks. Jason: [39:44] Yeah well good question Ricardo a couple of things so the dominant marketplaces in the u.s. tend to be different than in China so obviously Amazon’s the the dominant Market Place in the US and Amazon has a singer Lehigh take rate so they charge like a. [40:02] Like compared to most other marketplaces a very high commission for each transaction Ali Baba’s Team all which would be the most analogous to, to Amazon and China has a way lower take rate so first thing is the unit economics of the actual sale are more profitable for the seller because you’re paying a lower commission but that’s a little bit of a artificial economy because Team all is even in China is even much bigger than Amazon Marketplace is here and so visibility and discovery of your product listings is non-existent like there’s so many listings and so many products your product just isn’t organically going to be found in China and so Ali Baba has a really low take rate because, they charge you extra for all of the marketing services and search visibility services so what you end up doing is having to pay a lot more to the to Ali Baba’s marketing arm which is called Ali Mama to have your stuff show up and and if you kind of compare apples to apples like the the general economics of the business end up. Netting out to be similar by the time you pay your Amazon marketing services in your take rate in the US or your only Mama services and your take grade in the China those are similar. But digital Commerce is way more penetrated in China and. [41:28] You know they’ve LeapFrog brick-and-mortar as you implied so pre covid. [41:34] Depending on how you Define retail I’ll go with the forester definition 16% of Commerce in the US was e-commerce the rest was brick-and-mortar in China it was 38% before covid. So u.s. today in April 16 percent goes to 25%. In February in China at the peak of the quarantine. 38% went to north of 50% so. Digitally you’re going to sell a lot more goods and then one other economic thing that’s wildly different in China than the US the cost of delivery is. Way lower in China so because there’s so much inexpensive labor you you can pay someone a very low rate to deliver anything in an hour or two a in a five-kilometer radius of your store and so it enables you to offer all kinds of cheap delivery of goods that would the unit economics would never work in the US and frankly that driver like those guys delivering all those things I say driver but a lot of times it’s a bike or something else those delivery guys that’s a middle-class wage in most Tier 1 and tier 2 cities in China so it the economics all around workout much better in China because of that Scot anything I botched there. Scot And Guests: [42:57] Let’s get the payments I think is a little bit lower so we’re used to kind of a two percent take right I think there’s a lot cheaper. And then the payment is to Ally pay a lot of times and then the other thing I would say is most Chinese sellers are embedded in a factory so that they’re like. They’re very very close to where the product is made. And that gives them an edge where you know if you’re a saint it’s awesome when you hear that works for an auto parts company so if you’re at an Autoparts retailer there’s a distributor there’s all these manufacturers some of them maybe there’s another layer where they took it from China and then the parts from China and then added something so you can be kind of you got seven people you know two to seven people dipping into the margin stack there whereas in China you’re typically Factory to right into the marketplace essentially maybe through a seller so because of that also it also creates this very fast feedback loop so you’ll see like this really interesting things happen where they can you know they’ll iterate very very quickly because they have the factory tied to the marketplace and then this this feedback loop accelerates. [44:06] Nothing if you stacked the another challenge for the Chinese seller is the same widget if you take currency and try to normalize it is selling for thirty to forty percent less in China so the good news is in the US for the same same item and if you looked at the currency rates you’re probably get 30 percent more for that in the United States than in China because it’s so competitive and people are. Very value-oriented the China so you have more more P to put in more margin to kind of put into things in the u.s. so those are some of the interesting differences. Because of that you know most Chinese sellers their strategy they actually make a lot more money selling out of China so the song to Russia they’ll sell into. Mercado Libre Brazil South America they’ll sell what the most popular destinations is the marketplaces in Australia and then obviously the US and Europe. That’s where pre-pandemic companies like wish and all the express were making a ton selling these kind of Hot Products coming direct from China. Jason: [45:08] Good points great question Ricardo thanks very much. Scot And Guests: [45:12] You guys have a good one thanks. Jason: [45:17] Should we go to Scott Landry next or do you want to take some of the typed in question Scott. Scot And Guests: [45:22] Let’s do let’s just got in the will hit the typed in once. Jason: [45:25] Awesome Scott you welcome to the show I feel outnumbered by the Scots now. Scot And Guests: [45:33] You are yeah I’m good treaties between us yeah exactly and I’m also here in will just outside of Raleigh I’m in Morrisville North North Carolina. Jason: [45:44] I heard Morrisville is much cooler than Raleigh. Scot And Guests: [45:47] It is much cooler it is much cooler and I’m a longtime listener first-time caller I a few weeks ago you guys had on Scott another Scott on the show and he talked about this being with time to not sit back and cut costs but to actually invest in companies invest for company owners to invest in their companies saying that those failing to prepare prepare to fail. We’ve also seen a lot of non-essential Amazon Seller struggle during the first few weeks of this pandemic. You know a lot of come back strong since then but and you know these companies had to Pivot and develop a multi-channel approach to their business so this sets up my very fun question do you know of a software that would that you would recommend to all your listeners that would help them with managing a multi-channel approach that includes. Maybe a single user interface to manage all their e-commerce operations such as I don’t know content inventory orders marketing advertising product content feeds. Scot Jason do you know of anything like that John A blank over here Jason guy Nick. Jason: [46:51] I thought you were going to a channel advisor. Scot And Guests: [46:52] Scot full disclosure Scott’s an account manager over at John visor so he’s seeing up the old Channel advisor what we do there. But all right yeah a lot of people start you know to be fair a lot of people especially smaller sellers they’ll start with a Shopify Bigcommerce woocommerce Magento one of those offerings and then they’ll have a little bit of an ability to sell and other marketplaces sometimes their shipping software will get them a connection to another Marketplace but then ultimately they’ll grow out of that and that’s kind of what we’ve built for. Retail does. Jason: [47:28] Yeah so certainly like I think there’s different answers it different tiers of business and maturity of businesses like I’ll be honest I don’t generally think of there being. Complete unified Suites that are super successful for a broad range of customers there definitely are unified Suites in particular Niche markets that really focus on a vertical so you can find a unified suite for a Furniture retail or for a quick serve food restaurant that are that are pretty comprehensive it like Shopify is inching towards being a unified sweet they’re adding more and more of those services and if I were a betting person I would say like they’re eventually going to get to a pretty comprehensive unified Suite that seems to be an important part of their strategy and hopefully they spend their money there instead of the stupid Shop app that we could talk about later the there at certain niches there there are some interesting unified sweet so I Oracle owns a product called netsuite which actually has like a pretty comprehensive set of e-commerce order management Channel management. [48:37] And outside of those you end up there are some some tools that cover a lot of what you just discussed so there there are Pimm’s that are expanding into. Feed management content management and starting to you know do more of those kinds of things so I think of like a salsify you know as becoming more comprehensive for those kinds of things but but like honestly there’s no dominant player like the Enterprise level, the Enterprise players are mostly pretty sucky at it like bye by far the best in terms of a unified sweet amongst the Enterprise guys now would be Salesforce so Michelle that was on earlier could talk to you about that. Scot And Guests: [49:28] Thanks guys appreciate it just I was just kind of tearing up the channel advisor commercial. Jason: [49:34] Yeah yeah yeah I can’t believe Scott didn’t send me one to play. Scot And Guests: [49:42] Cool alright so over in QA Kelly ask has anyone done any good research showing the correlation between retailers being owned by private equity and their subsequent and ability to react to covid. Seems that PE ownership equals under investment in Tech equals poor ability to respond to changes in business climate but it’d be great to see some research yeah so if you know seems like Kelly’s pretty. Read up on this whole topic but there are this this tier of investor called private Equity firms we call him PE firms in the industry and they essentially go do buyouts and what drives their thinking a lot of times there’s a like anything there’s a broad spectrum of PE firms they’re not all like this but a lot I would say 80 or 90 percent are in the genre of they do some financial interest in engineering so they’ll go look at a business like a retailer they’ll see that it has a certain ibadah and cash flow and then on the other side of the equation they have super cheap access to cash so what they’ll do is they’ll go they’ll go by that retailer they’ll use that cash flow to go by debt. [50:44] And you know because they’ve got this cheap access to debt they can usually get a lot of debt so they can go and say this retailers making a hundred million they can put a billion dollars where the debt because the whoever is providing this dead is just looking for pretty small amount of cash flow to cover a large debt they do all that and then when they when they do that they effectively have extracted the future value of that retailers cash flow out and and that is what drives their their calculations so it’s kind of like running the business through a spreadsheet based on this these kind of metrics of this current view of cash flow the downside of that is what it does is you know it makes the company essentially a hundred percent not bulletproof so you have a recession you have something that impacts that cash flow and then suddenly the cash flows here the debt is like 80% of cash flow cash flow dips to 30% and now the company is essentially if it has something on its balance sheet it will burn to that relatively quickly and then go bankrupt so this is ultimately what led to the demise of Toys R Us India Circuit City I believe had a large private Equity component here in the Southeast Belk cut by a private Equity Firm before pandemic and I’m kind of interested to see if if they make it through pretty much most of the large retailers with the exception of Nordstrom Walmart. [52:13] Costco the drug stores don’t have private Equity but many of the mall based retailers have except Apple are have a big private Equity component and I think they’re at risk so I haven’t seen a study but I would say the correlations very high just because of the nature of the Beast it’s like saying how many slow gazelle get eaten by lions beautiful pretty much all of them so I would say the correlation would be you know almost a hundred percent correlated Jason. Jason: [52:43] Yeah I would agree with your hypothesis I have not seen the study and it is a smart interesting question if there is a steady because the ones you disproportionately hear about are these leveraged buyouts and they of course have you know really challenging balance sheets and therefore are super, I’m vulnerable to covid right and you know Scott mentioned the Toys R Us in certain cities of the world like Nieman is a poster child for that situation right now the unit I can economics at Neiman Marcus are pretty favorable it’s a totally viable retailer with a unmanageable amount of debt so right you know sorry to my friends at Neiman covid is probably putting you out of you know into a reorganization at best. [53:27] But I don’t actually know statistically how much of the private Equity debt in retail is. Um leveraged buyout this we hear about the over-leveraged ones the most and there’s another kind of private Equity debt which you know tends to also under invest like the super risky early private Equity debt which is the Venture debt like those guys you know tend to not be making huge infrastructure Investments and and that that’s going to tighten up at the moment but there are mezzanine level private Equity firms that do invest in retailers they don’t tend to leverage those transactions and and as negatively impact the debt so so for sure. [54:16] All the poster child’s we hear about about private Equity investors are going to be the negative ones that are killing retail and look at Scott with his Advanced Audio Video right there but I like I’ll be honest I do think there are some private Equity firms that are much more beneficial to retailers that we just don’t hear about as much and what I don’t have a good sense for is as a total percentage proportion of all retail like is are those there’s good private Equity firms a unicorn or they 50% and we just don’t hear about them don’t know. Scot And Guests: [54:49] And I don’t know Kelly if you can see the screen here but I did find this article and Retail wire it’s pretty current so July of last year so you know obviously covid is going to tick this up but they found 10 out of 14 companies that filed bankruptcy had been acquired by pe companies they actually pay get to 1.3 million workers lost their job there’s a classic movie called Wall Street it is pretty interesting to watch it because the whole premise of Wall Street is effectively a PE lbo and you know this one guy has to decide the moral implication of the spreadsheet World it looks great and then he realizes like all these people I think there’s a familial relationship his dad worked with are going to lose their jobs so It’s oddly one of those weird things that has stood the test of time because it’s been the strategy for 30 or 40 years you get to see very young Michael Douglas as well this report I have on the screen references what looks to be a more even kind of detailed report on this so that so you know I would Google this this kind of Jim Baker private Equity stake holder project and you could probably a lot of times you’ll see this kind of puffy article about one of these things then you go find the underlying paper and there’s a lot more really interesting data and you can see some actual data that feeds these studies. Next question is from do we have a lost the ability to see the hand raised. Jason: [56:14] Yep so we have two more and we are coming up on time so we probably want to just go to speed round a little bit. Scot And Guests: [56:22] All right lightning round. Um hopefully I said your name right there do you think the market for our demand for refurbished products are secondhand e-commerce go down due to the pandemic. You know I think it definitely will you know Jason mentioned returns you know I’m not going really want use clothes and that kind of thing I think there’s you know just like I said before I think what you could do though is if I was the seller I would talk about how I have used you know anti microbials disinfectants sanitization I’m becoming an expert on this oddly enough I’m a computer science guy but I’ve had, have a crash course in this so there is a there is actually an EPA website that you can go to and see which chemicals are covid effective in can bear that claim. So imagine your seller what I would do is I would say you know I have formed these actions on this product and I know the best my knowledge it is been sanitized and disinfected and very safe for reuse so that’s interesting we did have CEO of I always get this wrong the used person-to-person Marketplace. Jason: [57:32] Offer up offer up. Scot And Guests: [57:34] I always want to I use the apparel one yeah and he said they’ve actually seen you know a huge spikes so you know we’ve seen these macro trends of home gym home office and they saw in their kind of local platform a lot of activity going on there. Jason: [57:51] Yeah I would say like like most things there’s conflicting Trends here right like people are more concerned because of the health ramifications but we’re also people are like super economically conservative and value oriented and so previously owned is likely to have a pretty nice Spike and if I were a guessing man I would say it’s net-net going to be favorable um to refurbished in previously owned because I actually like of all the health risks the virus spreading through items that are several days old frankly like it is. Probably in overestimated Risk in most people’s mind there are ways to make those things safe and even in the virus still exists on something that’s a day old it likely isn’t very virulent and it’s less likely to infect you so I have a few over time we’re going to find out that. You’re probably not likely to catch it from a set of weight you bought from someone else that sat in your garage for four days before you use them. But you know I think those things are going to sell a lot more so we’ll have to follow that one. [59:00] And then Daniel Goldman with what probably is going to shape up to be our last question. He referenced so just for those that didn’t know Jason intrigued by your comment in the last podcast that if someone offered you Amazon web services as a business I wouldn’t say no but I kind of made the point that Amazon Marketplace is. [59:26] Extremely profitable as well but since it’s not separately broken out on Amazon’s earning statements people don’t tend to realize how profitable it is and so my point in last week’s show was everyone talks about Amazon web services being the prophet driver of Amazon I was saying the percent the proportion of Amazon’s retail business that’s a Marketplace is probably as good or Better Business than Amazon web services so he’s asking why I said that and I may have just inadvertently explained it the that to me a market like it is hard to lose money on a Marketplace the you lose money if you don’t make the marketplace work so if you can’t get enough sellers or buyers that’s how you lose money on a two-sided Market places you don’t get enough of of both sides of the marketplace but if you have both sides to Amazon there’s no economic risk on the marketplace there’s no carrying costs of goods there’s no inventory there’s no cost of returns there are none of those things and you take a commission on the successful transaction so it’s it’s. [1:00:29] A hundred percent profit with extraordinarily low overhead and very little cash burden and so like the unit economics of that are even better than AWS AWS is highly profitable but it’s actually pretty capital-intensive and so in my mind the marketplace just scales even more profitably than AWS and I would argue the marketplaces bigger than AWS so that was my Y and then he the smartest part of his whole question he left for last who cares what Jason thinks what would Scott think about that same question. Scot And Guests: [1:01:08] So the surprise surprise you because I was surprised Jason just chose Marketplace in the it’s hard to answer a theoretical question because. It’s so theoretical but this scenario I’m imagining I’m I have the offer to either maybe buy or get AWS or the marketplace not actually take AWS because the marketplace in the retail business and Amazon are in next trip young what makes it work also is the fact you have the Amazon offer interlinked there and then you can actually beat Amazon. That’s what makes part of what makes the magic of the hybrid Marketplace at Amazon work really well Amazon keeps the marketplace honest the marketplace keeps Amazon honest. Now you know there’s a lot of noise or there was there was a little bit of a scandal last week we talked about where there’s you know they always talked about this Chinese wall there ain’t no Chinese wall they’re actually using that data allegedly did. Out what’s going on shocking so it would actually. You know I’m kind of reminded of the eBay PayPal split that actually happened and it wasn’t too painful but I always still pay with PayPal and eBay so that was like you know those economically, terrible I think for me to get rid of the whole payment system and then. Now it’s getting all this value from other places so so you know the short answer is AWS is much more extractable and could have Amazon as a customer without any impact kind of like PayPal ended up being the marketplace because of lives and is integrated so deeply with the retail experiences inextricable and if you if you pulled it apart I think the value would go down significantly. Jason: [1:02:38] There you go and if you look. Scot And Guests: [1:02:39] The first thing Amazon would do is buy a Marketplace in the be with you and I don’t think you want to be in that. [1:02:54] One thing one last thing we wanted to do is do a shout-out to Jamie Dooley he could not join us tonight because it’s his birthday happy birthday Jamie hope you’re having some delicious cake or something probably not eating out I would guess but hopefully you’re having a fun pandemic themed birthday sorry you could make it tonight. Jason: [1:03:12] Yeah and and happy May 4 Theta J belated me for Theta Jamie who is another big Star Wars fan. Scot we’ve blown through our our once again our and nine minutes so super grateful for all those listeners that stuck it out with us for the whole time that was very kind of you and these are super fun and it’s great to see everyone thanks very much for supporting the show and please be safe out there and until next time happy commercing.
Thank you for listening to Bawk Tawk, Welcome to Chickenlandia's 100% Friendly Q&A Show! In this episode, I'm answering viewer's questions about Urban Chicken Keeping, Predator Proofing, whether or not you are doing enough for your Chickens, plus much more!Visit Welcome to Chickenlandia's website by clicking here!Submit your own chicken question here!Check out Welcome to Chickenlandia on YouTube by clicking here!Watch my TEDx Talk: I Dream of ChickensChickens Sneezing? Click here for what I do when this happens. For my YouTube Video on Urban Chicken Keeping, click here. My most recent Predator Proofing video is right here. Here's a link to the netting I use: Netting on Amazon Disclaimer Notice: The content of the Welcome to Chickenlandia YouTube Channel, website, blog, vlog, podcast, and all social media is for informational purposes only and is not intended to be a substitute for professional veterinarian advice, diagnosis, or treatment. Dependence on any information appearing on the Welcome to Chickenlandia YouTube Channel, website, blog, vlog, podcast, and social media sites is entirely at your own risk. Please do your own research and make your own informed decisions regarding the health of your chickens.
Connect with us! Facebook: www.facebook.com/advanceyourreach Website: advanceyourreach.com Email: firstname.lastname@example.org Welcome, John Lee Dumas, the Founder & Host of the Entrepreneur on Fire Podcast, Inside the Greenroom! In this episode, we discuss everything related to one of the most powerful online stages out there - podcasts - and there’s no better person to talk about this than John Lee Dumas. JLD was considered a “first mover” in this industry because he did something NO ONE else was doing at the time, and something both of his mentors advised AGAINST doing, which is starting a DAILY podcast. Today, JLD is heading into his 8th year in a row of NETTING multiple 7-figures per year from his podcast alone. We discuss the opportunities to get started in the podcasting world today, how to build your audience, how to monetize your audience, how to win other podcasts as a guest speaker, and much more! John Lee Dumas is an American podcaster, internet personality, and entrepreneur. After bouncing around from the military, where he served in Iraq, to law school, to corporate life, to tech startups, and even commercial real estate - he was searching to find his calling, and eager to do something that both inspired him and inspired others. Today, he’s largely credited as one of the major names in podcasting, hosting what is probably the most successful daily podcast in business, Entrepreneur On Fire. EOF is an award-winning podcast where he interviews inspiring Entrepreneurs who are truly ON FIRE. His podcast has over 2,400 episodes, 1 million+ listens a month, and generates 7-figures in annual revenue. Here’s what we cover: How to spot opportunities to get started in the world of podcasting The power of the “first mover” advantage in podcasting What to avoid when starting out in building your own podcast Where to find the average podcast listener How to build your audience by guest speaking on other people’s podcasts How to get people to go deeper with your products & services when speaking on a podcast (yes, people are usually multitasking while listening and it may seem difficult - but there’s a way to do it!) How to leverage your own audience to compile a list of potential guests for your podcast A simple yet highly effective strategy you can use to research and reach out to the top 200 podcasts in your niche or industry And much more! Quick Episode Summary: 0:02 What to expect today! 4:11 Welcome JLD Inside The Greenroom! 6:31 How much revenue John has generated from his podcast 10:12 How EOF started 18:05 How to grow your podcast 23:19 How many podcast John is on per month 30:30 How to have a successful CTA on podcast 36:33 The best of the best 38:26 Sneak peek at mine and Kim’s new podcast! 42:27 Monitazision ideas for a non-business podcat 45:00 What it takes to have a great podcast episode 46:42 How to land any podcast 52:30 The speakers who have impacted John the most 54:16 Why live events are still important 55:27 John’s favorite moment inside a greenroom 58:48 My biggest takeaways
Brett Rump and producer DC Hendrix talk about the continued struggles of the Indiana Pacers since Oladipo's return. Fort Wayne Tincaps Team President Mike Nutter joins the show to talk about adding new netting at Parkview Field, single-game tickets going on-sale and much more.
Purdue & Butler need wins tonight. IU QB Ramsey plans to leave Bloomington. Cubs lose Castellanos, but add netting. --- Support this podcast: https://anchor.fm/the-kent-sterling-show/support
Previous guests of the “Simply Tax” podcast gather around the fire as host Damien Martin tells a classic story of the enactment and first year of the Tax Cuts and Jobs Act (TCJA). Listen to hear the story and guests of the following previous episodes: Episode 49: Tax Planning Questions for Businesses Episode 47: Tax Planning for High-Net-Worth Families After the TCJA Episode 46: Do You Have 199A Confusionosis? Episode 44: The R&D Tax Credit Episode 42: Cutting Through the Tax Static with Ed Karl Episode 39: Tax Technology of the Future Episode 38: Bonus Depreciation Regs & More Episode 36: Simply Small Business Taxpayer Accounting Methods Episode 35: The Proposed 199A Regulations with Tony Nitti Episode 27: The SALT Workarounds with Annette Nellen Episode 25: Ed Updates – IRS Reform & Guidance on the New Tax Law Episode 19: Tax Reform for Insurance Companies Episode 16: AICPA's 199A Task Force Episode 15: Tax Reform for Health Care Providers Episode 13: Tax Reform for Construction & Real Estate Episode 12: Ed Karl's Tax Reform Carnival Update Episode 11: The Twins on Tax Reform for Individuals Episode 10: The International Side of Tax Reform Episode 9: Tax Reform for Businesses Bonus Episode: CPA to CPA with Tony Nitti Episode 8: The Nitty Gritty—of Section 199A—with Tony Nitti Bonus Episode: Tax Bill Whack-A-Mole Bonus Episode: Latest from the Reform Roller Coaster Bonus Episode: Tax Framework with Ed Karl Episode 1: Talking Tax Reform with Ed Karl THE STORY ‘Twas the night before TCJA, when all through the House, A tax reform framework was stirring, with momentum moving quicker than a mouse; A budget resolution had just passed in Congress with care, In hopes that tax reform soon would be there; The stage had been set to use reconciliation by those who led, While visions of rate cuts danced in their heads; And Republicans in the House and the Senate moving ASAP, Remained committed to using the unified framework as a map, When on November 2nd there arose such a clatter, It was the Tax Cuts and Jobs Act that was the matter! Away to the internet I flew like a flash, To open the bill that made such a splash. The text on freshly printed pages as white as snow Gave the luster of new tax changes offering so much to know, When, what to my wondering eyes should appear, But new provisions to add and amend the tax code as I sat down to read it with a beer, With the changes moving, so lively and quick, I still was not certain if these provisions would stick. More rapid than eagles the markups they came, And they passed different versions of the bill in the House and the Senate under the TCJA name; Now, Republicans! Now, Democrats! In a conference committee mixin’! On compromises! On changes! On things that needed fixin’! Back to the House and the Senate with time running small Now three last-minute changes that were then voted on by all, Including a name change that’s made the bill somewhat hard to identify, But around the Tax Cuts and Jobs Act name most seem to still unify. So after enactment on December 22nd tax advisors they flew, To their copies of the bill with highlighters and even hole punch reinforcers, too. And then, in a twinkling, I heard tax advisors raise the roof The excitement of new code sections that arrived in a poof. Now after reading the TCJA, I knew that choice of entity was bound, To be a big deal with many significant changes now around. It was presented as simplification with reduced rates at its root, But is often complex when combined with the tax law that stayed put; A bundle of questions arose when tax advisors started to unpack The provisions of the newly enacted tax law with areas of uncertainty starting to stack. And the many significant international changes that can seem quite frankly scary! Actually, Chris Clifton of episode 10, would you explain while I refill my sherry? Now one thing that clearly began to show, Was each taxpayer’s situation is unique and tax planning for the TCJA could not be put on auto; A decision like charitable giving now has much more to consider, Like will you itemize, what are you giving and even what and how much do you plan to bequeath; And the new 20 percent deduction has led to many calls on the telly, With the definition of trade or business under §162 that can seem as fluid as a bowlful of jelly. Whether you get the deduction and what industry are important questions to ask yourself, For example, Brian Todd of episode 15, for health care would say it depends on the organization itself? And though the TCJA-related guidance so far has given much to put in our head, More from Treasury and the IRS is still needed and expected to come ahead; And though enhanced capital expensing is quite a perk, A technical correction for qualified improvement property would address issues that still lurk, And keep in mind under the TCJA some saw overall tax increases as their effective tax rate rose, Netting the effect of new limits on deductions with the beneficial changes is something you must juxtapose; To many tax advisors the TCJA can seem like a thistle, So I’d like frequent podcast guest Tony Nitti to offer some advice to those starting to bristle. So with that I’d like you to celebrate the one year of the TCJA with spirits that are bright, Happy TCJA to all, and to all a good night! GET MORE “SIMPLY TAX” We’re excited to also provide video content to strengthen your tax mind! Check it out on our YouTube channel. We’d love to hear from you! Email feedback and questions to SimplyTax@bkd.com. Connect with Damien on social media! LinkedIn | Twitter | Instagram | YouTube
The Unfiltered Crew discuss the winners of the trade deadline, i.e. the Houston Astros and the crazy amount of Home Runs in this year's baseball season. The Minnesota Twins will shatter the record for most home runs in a season by 1 team, and netting to protect the fans may be a "catch 22." The Baltimore Orioles' pitching staff is a joke and Kurt Suzuki inspires "Nut Shot Mondays." Finally Ezekiel Elliott is holding out for the Dallas Cowboys, and Tom Brady will play football until he dies. Enjoy a sports talk show with very inappropriate jokes. Take that filter off and make it dirty.
In the lone hour of Sports Fanatics on Tuesday the guys chat about why there is still controversy about extending the protective netting at baseball games, Jerry Stiller not only getting the gig as Frank Costanza but how he completely changed the role and a Reclaimed Rails College Football 3-Pack that covers a great Pat Fitzgerald Tweet, attendance issues and former USC players in the broadcast booth
Laurence Holmes has strong feelings about protective netting at baseball games, and he was really proud the of the White Sox for getting ahead of the game. See omnystudio.com/policies/listener for privacy information. Learn more about your ad choices. Visit podcastchoices.com/adchoices
1st inning-Kimbrel saves the day 2nd inning-Cubs All-Stars 3rd inning-Adbert Throwing K’s 4th inning-What to do with Russell 5th inning-Shallow NL Central 6th inning-Do the Cubs need more? 7th inning-Sarah Spain INT 8th inning-Netting is Coming 9th inning-Road warriors or woes --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/cubsfriendlyconfines/message
The interview was conducted as part of our participation at the Benzinga Global Fintech Awards (bzawards.com). We are talking to Markus Wunsch (https://www.linkedin.com/in/markuswunsch/), CEO, Founder, and Chairman of the insurance startup MountWish (http://www.mountwish.org/). They made 2nd at the Benzinga Global Fintech Awards in New York in the category Forex Platform (https://benzingafintechawards.com/vote-2018/mount-wish/). The startup is in the process of relocating from Munich to New York as preparation of their planned 2019 IPO at the New York Stock Exchange. Learn more in the interview, e.g. how he came by an overdraft for his private account of 10 mn Euros and when he is planning to raise a pre-IPO venture capital round. During the conversation Markus and Joern talk about: Solvency II https://en.wikipedia.org/wiki/Solvency_II_Directive_2009 Forex is short for Foreign Exchange Market (the global currency market) https://en.wikipedia.org/wiki/Foreign_exchange_market Exposure: https://www.investopedia.com/terms/f/financial-exposure.asp Netting: https://www.investopedia.com/terms/n/netting.asp Hedging: https://www.investopedia.com/exam-guide/series-3/studyguide/chapter3/hedging.asp Derivatives (In general): https://en.wikipedia.org/wiki/Derivative_(finance) Forwards (Derivatives): https://en.wikipedia.org/wiki/Forward_contract Futures (Derivatives): https://en.wikipedia.org/wiki/Futures_contract SPV – Special Purpose Vehicle https://en.wikipedia.org/wiki/Special-purpose_entity For everybody who is curious, this is how Joern looks deep in stress and jetlag ☹ Find the original interview here: https://youtu.be/efXZYpsRl1A
Adam “Big Sip” Johnson had no home internet, an AOL email address, and a Carrot site. His partner Brent just started investing in real estate 2 years ago. Somehow they’ve managed to bring in tons of leads and close more deals using methods that are so simple, anyone can implement them. Learn how to make Facebook ads convert for less money. How to use UBER as a free, money-making lead source. And, hear how they wake up happy, find fulfillment, and have more FUN doing what most of us stress over.