Podcasts about tenx

Immer wieder kommt die Frage: „Julian, wenn du heute neu starten würdest – würdest du wieder ein Krypto-Unternehmen gründen?“ In diesem Video bekommst du meine ehrliche Antwort – und sie ist klar: Nein.

What if I told you that business plateaus can be a good thing? Hear me out…A plateau can signal a need for a fresh perspective, a new strategy, or a deeper understanding of your market.It's an opportunity to pause, reflect, and re-evaluate your business goals and systems.Sometimes, the most significant growth happens not during periods of rapid expansion, but during these moments of stillness and introspection.In this episode, you'll learn how to recognize and address plateaus early, set and hit 10X goals in your business, and stay proactive to avoid future plateaus.Click play to hear all of this and…(00:00:00) What it means to go through a business plateau.(00:00:56) Signs of stagnation in business growth and the need for assessment.(00:01:59) How I overcame a plateau in my business.(00:03:09) The Ten X principle and why it works when setting ambitious goals.(00:04:05) One of the best ways to grow your business.(00:07:51) How to make plateaus launching pads for breakthroughs.Resources Mentioned in This Episode:Scaling Your Business Effectively with Jereshia Hawk: https://podcasts.apple.com/us/podcast/the-jasmine-star-show/id1479619320?i=1000669794530How to Reach IMPOSSIBLE Goals with Dr. Benjamin Hardy: https://podcasts.apple.com/us/podcast/the-jasmine-star-show/id1479619320?i=100065713996710x Is Easier Than 2x by Dan Sullivan and Dr. Benjamin Hardy: https://www.amazon.com/10x-Easier-Than-World-Class-Entrepreneurs/dp/140196995X

On EP120 Nigel sits down with Robin Ashfield of Studio Ten Detailing and Andy Maxwell of The Forge Garage to talk about Cleanfest, Blackwater Graphics Summer BBQ and much more! Enjoy!

Enjoy this conversation with Todd Pease of JLL Cincinnati.  In this conversation, Jonathan and Todd discuss how tenants are responding to spending 3.08 days per week in the office, what types of amenities attract great tenants, and the potential opportunities for investors. Connect with Todd:https://www.us.jll.com/en/people/todd-peaseClick to text the show! Support the podcast by making a monthly donation through Patreon. When you contribute, you'll get access to bonus content not available anywhere else. If you enjoyed this episode, you would probably enjoy reading my weekly newsletter. Every Friday, you'll get a behind the scenes look at my investing, including current events in commercial real estate, deals I'm working on, and random personal things going on in my life. It's a super quick read and you can unsubscribe anytime. - Jonathan Subscribe to the newsletter here: www.thesourcecre.com/newsletterEmail Jonathan with comments or suggestions:podcast@thesourcecre.comOr visit the webpage:www.thesourcecre.com*Some or all of the show notes may have been generated using AI tools.

Sathiya Sam discusses the concept of "less is more" and its relevance in various aspects of life. He shares personal experiences and insights on simplifying and consolidating one's life, both on a business and personal level. Sathiya mentions a book called "Ten X is Easier Than Two X" that explores achieving greater outcomes through strategic thinking. He highlights the countercultural nature of the concept, using social media as an example. The episode also features a guest who emphasizes the importance of focusing on high leverage activities in recovery and prioritizing them. The speakers conclude by encouraging listeners to apply the "less is more" concept in their own lives. Book A Call With Sathiya's Team For more Free Resources, check this out Follow Sathiya on Instagram

In this episode of Tech Nest, I explore commercial real estate auctions with Stephen Jacobs, President of Ten-X. Stephen shares his journey leading Ten-X (which is a really cool story, BTW) and debunks myths about auctions, explaining their strategic advantages beyond just distressed properties.Learn how Ten-X leverages data and technology to streamline the auction process, ensuring faster and more certain sales. Stephen also discusses the evolving role of brokers and current market trends, providing valuable insights into the future of commercial real estate transactions. Hint: brokers are still very much relevant in today's transactions. Listen in today!More about Steven and Ten-XTen-X is the world's largest, online commercial real estate auction platform. Our platform empowers brokers, sellers and buyers with data-driven technology and comprehensive marketing tools to expand market visibility and decrease time to close. CoStar Group's online property auction platform, Ten-X, is the leading example of the rapid growth of online property auction marketplaces. Each year more and more buyers, sellers, and brokers are using this proptech tool to exchange properties. Events like its Battle of the Bids, which feature thousands of players duking it out for $3.1 million in prizes over 6 rounds to correctly guess how much various properties will sell for on the Ten-X platform, are a way to highlight the innovative ways that CRE marketplaces are drawing attention to their ecosystems. Battle of the Bids is also an example of the notoriously staid industry having a little fun and using gamification tools to drive awareness of new trends.Follow Ten-X on TwitterFollow Ten-X on LinkedInCheck out Ten-X

Ever feel like you're pushing a boulder uphill with productivity? In this episode of the Crown Yourself podcast, host Kimberly Spencer discusses the transformative power of delegation for exponential business growth. She shares a personal breakthrough in productivity, inspired by Dan Sullivan's concept of tenfold improvements. Kimberly reflects on her experiences, including manifesting a new home and scaling her business, underscoring the importance of hiring capable individuals and entrusting them with responsibilities. She advocates for leaders to focus on their unique abilities and delegate other tasks to achieve quantum leaps in productivity. Kimberly concludes by offering listeners a chance to consult with her on achieving significant personal and business advancements. In this episode, you will learn: Shifting productivity measurement from individual output to delegation Drawing inspiration from "Ten X Is Easier Than Two X" by Dan Sullivan Manifesting a new home and scaling business through delegation Embracing the visionary role as a leader and surrendering credit to the team Delegating tasks and projects outside of one's zone of genius Refining unique abilities in communication, creativity, collaboration, and coaching Inviting listeners to book a consult for potential quantum leaps Creating a strategy and plan to achieve tenfold results Emphasizing the importance of client satisfaction and relationship maintenance Achieving exponential growth in business and personal life through effective delegation Enjoy, sovereigns! Listen to the episode on Apple Podcasts, Spotify, Google Podcasts, Amazon Music, or your favorite podcast listening platform. You can also watch the episode on YouTube. Quotes: If you want to go from 8 to 10 in your business, go from being a doer to a delegator. ~ Kimberly Spencer If you want ten results and want to quantum leap in time, delegate more. ~ Kimberly Spencer As a leader, it is your job to #1 lead your team, #2 hold your vision, and #3 build epic, high-quality relationships. ~ Kimberly Spencer Moments of Note: The productivity session (00:00:00) Kimberly discusses her recent breakthrough in productivity and the insights gained from a coaching session. Success leaves clues (00:02:11) Kimberly reflects on the book "Ten X" by Dan Sullivan and shares her experiences with achieving tenfold leaps in various aspects of her life. Achieving a tenfold jump (00:04:28) Kimberly explains the steps she took to achieve a tenfold jump in productivity, particularly in the process of buying a home. The power of delegation (00:10:18) Kimberly emphasizes the importance of delegating tasks and responsibilities as a key factor in achieving tenfold results. Finding your unique ability (00:15:58) Kimberly discusses the concept of finding one's unique ability and focusing on tasks within that zone of genius for increased productivity. Mentions + Additional Resources: Dan Sullivan's Book "Ten X Is Easier Than 2X": "00:02:11" Kimberly Spencer's Wolf Pack Mastermind: "00:03:25" Crown Yourself Community on Facebook: "00:18:22" Podcast by Ed Mylett: "00:13:42" Pareto's Principle on Steroids: "00:15:58" James Wedmore's Unique Ability Concept: "00:15:58" Consultation with Kimberly Spencer: "00:17:21" Crown Yourself Social Media: "00:18:22" ____________

Why CoStar planned acquisition of Matterport is Good News for Competitors Commentary and Analysis by Dan Smigrod Founder and Managing Editor We Get Around Network | WGAN-TV CoStar's planned acquisition of Matterport this year is great news for all 3D/360 digital twin/virtual Tour platforms and software. (And, by extension, real estate photographers that offer virtual tours.) This may seem counterintuitive. CoStar Founder and CEO Andy Florance said during the CoStar earnings call Tuesday (23 April 2024) that he intends to make Matterport ubiquitous among all CoStar marketplace brands including: CoStar, LoopNet, Apartments.com, Homes.com and Ten-X. So, if Matterport becomes ubiquitous among all CoStar brands, how does this help competitors? The ways Matterport becoming ubiquitous, is key to understanding why Matterport competitors will also succeed faster too. For example: 1. CoStar Competitors Will Not Advertise CoStar: In its 10+ years, Matterport has always required its logo in each tour. While CoStar should offer a white-label version of Matterport (no Matterport branding) to show competitors that it welcomes their use of Matterport, it is more likely that the Matterport branding will morph into “Matterport - a CoStar Company” … That's what big companies do. Google “box of Oreo cookies” to see examples of what's likely coming soon to Matterport digital twins. If that happens, CoStar competitors will likely block Matterport digital twins from being used on their marketplace and encourage the use of all other 3D/360 digital twin platforms. Can you imagine Zillow allowing CoStar branding on its platform? Even if it did, Zillow likely would “move-up” other listings in Zillow search. Zillow already does this with its Zillow 3D Home tours. 2. More Free Matterport Digital Twin Captures: CoStar will likely include more Matterport digital twins captured for free in their top tier agent/broker marketing packages – if not all packages. For example, presently, Apartments.com, a CoStar company, includes Matterport digital twin capture in 3 of 4 of the Apartments.com ad packages. (LoopNet has similar style agent/broker advertising packages.) CoStar will likely add more Matterport capture services because it can make more money from agents and brokers buying its ad packages than selling Matterport digital twins as a standalone product to its various CoStar marketplace brands' clients. (That's Phase 1). CoStar can make more money by increasing the number of listing views and the time spent viewing a listing. Integrating Matterport Capture Services and VHT Studios (a Subsidiary of Matterport) Digital Pro package into all CoStar brands' marketing packages will take time. That's Phase 2. “We intend to make a much greater commitment to capturing 3D digital twins,” said Florance during the CoStar first quarter 2024 earnings call. Additionally, CoStar likely has hundreds of employees – not independent contractors – that do Matterport scanning (and other digital property marketing listing services). CoStar competitors will need to offer a similar 3D/360 digital twin option. It's likely they will seek out other 3D/360 platforms to either buy or develop a co-marketing strategy. For example, Zillow's ShowingTime+ Listing Showcase offers a Zillow 3D Home tour in its packages. According to a marketing video on the ShowingTime+ website: “Listing Showcase can flex with your business needs like per-listing purchase options and the choice to use your own photographer or book one through ShowingTime+ Listing Media Services for a turnkey media experience. Your AI powered Showcase listing will feature high res photography, room-by-room organization, a virtual tour and an interactive floor plan that connects the photography to the location in the home.” In December 2022, Zillow acquired VRX Media to create a national photographer network, elevating listing media through ShowingTime+ brand. In August 2023, Zillow acquired Aryeo for its network of real estate photographers, robust digital marketing services and content management platform. 3. Super Bowl 2025: The CoStar vision is to “establish Homes.com as the #1 residential real estate marketplace,” according to a slide in the CoStar First Quarter 2024 Investor Presentation (Page 24). CoStar will aggressively advertise Matterport + Homes.com to take on Zillow: the leader in the space. A quick review of a graph titled “Portal Traffic Wars Average Monthly Unique Users” dated February 29, 2024 by industry thought-leader Mike Delprete shows the CoStar challenge. Zillow has three times the number of monthly unique users. I anticipate 2025 Super Bowl ads (as I discussed in a We Get Around Network Forum post) as just one of the consumer marketing tactics. While I do not believe CoStar would box-out competitors from using Matterport, it's more likely that competitors will not want to wait to find out. Perception equals reality. CoStar competitors will need to offer a similar 3D/360 digital twin option and seek out other 3D/360 platforms to either buy or develop a co-marketing strategy. 4. CoStar Guarantee: While I provided examples of CoStar including Matterport tour capture services in its top tier agent packages (Apartments.com ad packages and LoopNet ad packages for examples), I could imagine CoStar offering this guarantee: “CoStar Guarantees more referrals and more time spent on your listings when you include a Matterport digital twin.” CoStar could make this claim because as CoStar revealed during its earnings call, CoStar research shows: In March of this year, there were over 7.4 million views of Matterport 3D tours on Apartments.com. Visitors who interact with the Matterport on Apartments.com spend 16.6 minutes on the site, which is 134% more than the 7.1 minutes time on site if they do not interact with a Matterport. Properties with a Matterport generated 74 leads, which is 10x the seven leads generated for property without Matterport. According to Florance: “We intend to add Matterport as one of the benefits of Homes.com membership. We believe adding 3D digital twins for Homes.com members will increase the leads we deliver, increased customer satisfaction, increased renewal rates, increased sales and increased site traffic further.” 5. Matterport and Photos Become Table Stakes: In the same earnings call, Florance also said he will make the inclusion of Matterport table stakes for all its marketplaces: just as photos are table stakes now. While that still may be many years away, CoStar competitors will need to offer a similar 3D/360 digital twin option and seek out other 3D/360 platforms to either buy or develop a co-marketing strategy so that they are not left behind: particularly if usage of Matterport digital twins growth rate is exponential rather than linear. Florance said: “I believe we're standing on the verge of a potential exponential acceleration in the technology surrounding 3D digital twins, which will create transformative value for real estate.” 6. Technology Roadmap to Favor CoStar: “CoStar Group was one of the first adapters of Matterport's technology and currently has almost 300,000 Matterport digital twins available in the CoStar information product and online property marketplaces," said Florance during the earnings call. "We intend to go all in on 3D digital twins adding more digital twins to Apartments.com, LoopNet, Homes.com, CoStar, Land.com, BizBuySell, Real Estate Manager, STR, Belbex on the market and others.' Florance also said, “We see the acquisition is giving us increased ability to influence the product roadmap for Matterport to best serve our clients needs." If CoStar competitors are to keep-up with CoStar, they too will need to speedup the technology roadmap to stay competitive. This means CoStar competitors will also need to become major clients of Matterport competitors or buy a Matterport competitor. 7. Matterport Matterpeeps: CoStar plans to add more Matterport sales and marketing people. Those on the receiving end of those pitches will research Matterport competitors. 8. Artificial Intelligence (AI) Meets Spatial Data: AI applied to spatial data and capture automation (think robots and drones) will further accelerate the adoption curve of digital twins/virtual tours by driving capture costs down. Matterport calls its AI powered offering Property Intelligence that it has started rolling out this year. Matterport competitors have also announced AI applied to their digital twins. CoStar competitors that need to offer a similar AI option will seek out other digital twin platforms that offer this capability to either buy or develop a co-marketing strategy. A Rising Tide Lifts All Boats The CoStar planned acquisition of Matterport by the end of 2024 is likely a rising tide event that lifts all 3D/360 virtual tour/digital twin boats. At one time, I thought of Matterport as the 800 pound gorilla in the digital twins for residential real estate space. Soon there will be a new, much bigger gorilla. Matterport competitors should be elated that Matterport is being acquired by CoStar — a company that did 16 times gross revenue ($2.46 billion) versus Matterport's gross revenue ($157.7 million) in 2023. CoStar will expand the market for digital twins/virtual tours: not kill Matterport competitors. As a result of CoStar gorilla-size advertising, I could imagine home sellers selecting a real estate agent that includes virtual tours to help get more offers sooner for more money with the least amount of stress. Agents will (finally) get it that they can win more and bigger premium listings by offering virtual tours in their listing marketing plan. (And, home sellers will be smart enough to say to a potential real estate agent that a slideshow is not a virtual tour.) I would not be surprised to see at least one Matterport competitor running a marquee banner ad in the We Get Around Network Forum with headlines such as: -- Does your company compete with CoStar? -- Are you seeking an Alternative to Matterport? -- Partner With a Matterport Competitor! What are your thoughts? Should Matterport competitors be concerned or elated (and why) about CoStar's planned acquisition of Matterport this year? Are you a real estate photographer? Google: What CoStar's Acquisition of Matterport Means for Real Estate Photographers. You'll find my commentary and analysis on that topic.

CoStar Group to Acquire Matterport, the Global Leader in Immersive 3D Digital Twins and Artificial Intelligence for the Real Estate Industry that makes Properties Intuitive and Interactive Online The Transaction is Expected to Increase the Development and Deployment of Advanced AI and Digital Twin Technology Across All of CoStar Group's Product Lines WASHINGTON, DC – April 22, 2024 - CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets announced today that it has reached a definitive agreement to acquire all outstanding shares of Matterport in a cash and stock transaction valued at $5.50 per share reflecting an estimated $1.6 billion of enterprise value. Under the terms and subject to the conditions of the agreement, Matterport stockholders will receive $2.75 in cash and $2.75 in shares of CoStar Group common stock for each share of Matterport common stock. Founded in 2011, Matterport pioneered the development of the first 3D capture solution to deliver dimensionally accurate, photorealistic virtual tours or “digital twins” for any type of property. Matterport's proprietary and patented technology enables anyone to digitize a property using a variety of camera technologies including cameras found on most smartphones. Matterport also produces a line of innovative 3D capture devices, including the company's flagship LiDAR-based Pro3 camera which is capable of high-precision indoor and outdoor capture. At the center of the solution is Cortex, a powerful artificial intelligence software engine that automatically generates the 3D digital twin and virtual tour while providing property insights like detailed property dimensions, room layouts, and more. Matterport's 3D technology is utilized in nearly every sector of real estate, spanning residential, commercial, hospitality, retail, and industrial spaces, among others. Over the years, Matterport has curated what is considered the largest and most precise collection of spatial property data worldwide, with over 12 million spaces captured in 177 countries, and representing more than 38 billion square feet of digital property under management. Contributing to this growth, Matterport has established a global network of several thousand photographers, capture services technicians, and service partners producing hundreds of thousands of new 3D digital twins for properties each month. CoStar Group operates some of the most effective and widely recognized real estate information solutions and online property marketplaces in the world including Apartments.com, LoopNet, CoStar, and Homes.com, all of which feature Matterport's 3D virtual tours. CoStar Group was one of the first adopters of Matterport's technology, and currently has almost 300,000 Matterport digital twins available in the CoStar information product and online property marketplaces. Advertisers on CoStar Group marketplaces clearly recognize the value of Matterport virtual tours. In March 2024, there were over 7.4 million views of Matterport 3D Tours on Apartments.com, with consumers spending 20% more time viewing an apartment listing when Matterports were available. CoStar Group intends to utilize Matterports in a similar fashion on Homes.com to further enhance the most comprehensive agent, seller and buyer friendly residential portal on the market. “CoStar Group and Matterport have nearly identical mission statements of digitizing the world's real estate. I look forward to welcoming Matterport to the CoStar Group family and believe that we will be stronger together, in pursuit of our common mission,” said Andy Florance, Founder and CEO of CoStar Group. “The world has changed and today a Matterport is the new open house or property tour. People now select their next home, apartment, office, store, hotel, or warehouse on their mobile device often without ever visiting the property. There is no better way to remotely experience space than via Matterport. CoStar Group intends to support and invest in research and development opportunities to further develop Matterport's spatial technology, including the application of AI and machine learning to extract information from the 3D spatial data library as well as using generative artificial intelligence to imagine and reimagine physical spaces.” RJ Pittman, Chair and CEO of Matterport said, “We are thrilled to join forces with Costar Group, a long-standing customer and partner with a shared vision for transforming global real estate through technology and digitization. This transaction is another significant milestone that acknowledges the groundbreaking work Matterport has accomplished in 3D digital twin technology and AI-driven property intelligence. With CoStar Group's expansive reach and scale in property research and analytics and our joint commitment to innovation, we believe that this powerful combination will transform how properties are marketed, sold, and managed worldwide. Importantly, it offers Matterport's stockholders the opportunity to participate in the value creation and future growth prospects of our combined efforts.” The transaction, which is expected to be completed during the year, is subject to the approval of Matterport stockholders and the satisfaction of customary closing conditions, including applicable regulatory approvals. The transaction has been unanimously approved by the Matterport Board of Directors. Directors, Officers and certain other stockholders of Matterport, representing approximately 15% of Matterport's fully diluted shares, have entered into voting agreements to support the transaction. The transaction is subject to a 10% symmetrical collar based on a CoStar Group share price of $86.02 as the midpoint. Matterport is headquartered in Sunnyvale, California and has approximately 440 employees. Revenue for the year ending December 31, 2023, was $158 million, representing growth of 16% on a year over year basis compared to 2022. CoStar Group plans to provide additional information about the Matterport acquisition during their earnings conference call at 5:00pm ET on April 23, 2024. ABOUT COSTAR GROUP, INC. CoStar Group (NASDAQ: CSGP) is a leading provider of online real estate marketplaces, information, and analytics in the property markets. Founded in 1987, CoStar Group conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of real estate information. CoStar is the global leader in commercial real estate information, analytics, and news, enabling clients to analyze, interpret and gain unmatched insight on property values, market conditions and availabilities. Apartments.com is the leading online marketplace for renters seeking great apartment homes, providing property managers and owners a proven platform for marketing their properties. LoopNet is the most heavily trafficked online commercial real estate marketplace with over twelve million monthly global unique visitors. STR provides premium data benchmarking, analytics, and marketplace insights for the global hospitality industry. Ten-X offers a leading platform for conducting commercial real estate online auctions and negotiated bids. Homes.com is the fastest growing online residential marketplace that connects agents, buyers, and sellers. OnTheMarket is a leading residential property portal in the United Kingdom. BureauxLocaux is one of the largest specialized property portals for buying and leasing commercial real estate in France. Business Immo is France's leading commercial real estate news service. Thomas Daily is Germany's largest online data pool in the real estate industry. Belbex is the premier source of commercial space available to let and for sale in Spain. CoStar Group's websites attracted over 160 million unique monthly visitors in September 2023. Headquartered in Washington, DC, CoStar Group maintains offices throughout the U.S., Europe, Canada, and Asia. From time to time, we plan to utilize our corporate website, CoStarGroup.com, as a channel of distribution for material company information. For more information, CoStarGroup.com. ABOUT MATTERPORT Matterport, Inc. (NASDAQ: MTTR) is the World's #1 Digital Twin Platform leading the digital transformation of the built world. Our groundbreaking platform turns buildings into data to make every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at matterport.com and browse a gallery of digital twins. ADDITIONAL INFORMATION AND WHERE TO FIND IT This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. In connection with the proposed transaction, CoStar intends to file with the SEC a registration statement on Form S-4 that will include a proxy statement of Matterport that also constitutes a prospectus of CoStar and other documents regarding the proposed transaction. The definitive proxy statement/prospectus will be delivered to stockholders of Matterport. Investors and security holders will be able to obtain free copies of the registration statement, the proxy statement/prospectus (when available) and other relevant documents filed by CoStar and Matterport with the SEC through the website maintained by the SEC at www.sec.gov. Copies of the documents filed by CoStar with the SEC will also be available on CoStar's website at https://matterport.com. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT/PROSPECTUS AND OTHER RELEVANT DOCUMENTS THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY CONTAIN IMPORTANT INFORMATION. PARTICIPANTS IN THE SOLICITATION CoStar, Matterport and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from Matterport's stockholders in respect of the proposed transaction. Information regarding CoStar's directors and executive officers can be found in CoStar's definitive proxy statement filed with the SEC on April 27, 2023. Information regarding Matterport's directors and executive officers can be found in Matterport's definitive proxy statement filed with the SEC on April 27, 2023. Additional information regarding the interests of such potential participants will be included in the definitive proxy statement/prospectus when it is filed with the SEC. These documents will be available on the SEC's website and from CoStar and Matterport, as applicable, using the sources indicated above. Source: CoStar

The boom is on for chip buyers and sellers, but demand is lighter further up the supply chain. And United results showing the skies look friendly for airline stocks.  (00:21) Tim Beyers and Dylan Lewis discuss: - Why ASML's earnings show a slowdown in investment in chip manufacturing. - United Airlines' strong quarterly results, and how the airline is handling fleet issues caused by Boeing. - What to watch from enterprise software companies as they report later in earnings season. (15:19) Deidre Woollard chats up with Steven Jacobs, the president of online commercial real estate exchange Ten-X, about who is actually buying office buildings right now? Companies discussed: ASML, UAL, BA Host: Dylan Lewis Guests: Tim Beyers, Deidre Woollard, Steven Jacobs Engineers: Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

Jason Ault is the Chief Operating Officer at Coffman Media, a company specializing in digital signage solutions that span across various countries and industries. With a deep background in driving digital innovation and operational excellence, Jason has played a pivotal role in expanding Coffman Media's global reach and enhancing their service portfolio. His fresh approach to the business has opened new opportunities, including strategic partnerships and cutting-edge technological advances within the company. In the latest episode of Mr. Biz Radio, Ken Wentworth invites returning guest Jason Ault, COO of Coffman Media, to explore the evolving landscape of digital signage and its growing relevance in the business world. Delve into the transformative influence of digital signage solutions on engaging audiences and enhancing workplace communication. The episode uncovers the potent combination of digital signage and robust company culture, spotlighting Coffman Media's experience with the Cardone Ventures program, tenX 360, and its impact on holistic business growth. The discussion also taps into the multitude of ways businesses are leveraging digital signage for operational efficiency and employee motivation. Discover the untapped potential these digital solutions hold for organizations aiming to thrive in a technology-centered future. Key Takeaways: - Digital signage is becoming an integral part of engaging, illuminating, and inspiring target audiences, with applications extending beyond mere advertisement to fostering company culture and communication. - Kaufman Media's partnership with tenX 360 points to a holistic approach to business management, emphasizing employee investment and aligning personal, professional, and financial goals. - Jason Alt's experience details a noticeable shift towards more face-to-face business engagements post-COVID, highlighting the value of personal connections in digital times. - The episode brings to light the critical importance of focusing on core business problems rather than symptoms, drawing parallels between strategic management and practical solutions offered by digital signage. - The gamification aspect of digital signage is showcased as a powerful tool to enhance productivity and create healthy competition among teams. --- Support this podcast: https://podcasters.spotify.com/pod/show/mrbiz/support

In a world driven by results and constant hustle, we often forget to pause and appreciate our achievements. Alice Heiman, in her recent podcast, emphasizes the importance of appreciation in business success. Here are the key takeaways:Appreciation Builds Momentum: Taking a moment to truly appreciate our accomplishments can create great momentum. It instills confidence and encourages us to plan for a successful future.Greatness Breeds Success: Acknowledging past achievements is the true measure of success. Reflecting on the times when you've outdone yourself helps predict future success.Leadership and Appreciation: As leaders, appreciating ourselves and our teams is crucial. It sets an example for others and drives sales, scales businesses, and focuses on what truly matters—customer satisfaction and employee engagement.It's Simple and Cost-Effective: Appreciation doesn't have to be grand gestures. Simple acts like handwritten notes, thoughtful gifts, or spending quality time can go a long way in showing appreciation.Building a Culture of Appreciation: To foster a culture of appreciation, start with yourself, appreciate your team, and encourage others to do the same. It creates a positive atmosphere that benefits everyone involved.Alice Heiman's insights highlight the transformative power of appreciation in business. Take the time to appreciate yourself, help others do the same, and share appreciation with those around you. It's a simple yet powerful practice that can elevate your business to new heights.If you found these insights valuable, be sure to listen to the full podcast for a deeper understanding of the topic. Don't forget to like and subscribe for more thought-provoking discussions on "Sales Talk for CEOs."Chapters01:27 Importance of taking time to appreciate and celebrate successes   02:47 Deep appreciation helps build momentum and confidence   03:56 Recommendation to read the book "Ten X is Easier Than Two X"   05:29 Being great as a leader benefits others and brings success   06:46 Need to appreciate and celebrate team achievements   08:05 Ways to appreciate oneself and others in the company   09:31 Understanding how individuals like to be appreciated   10:50 Suggestions for showing appreciation: handwritten notes, asking preferences   Connect with Alice on LinkedIn:(2) Alice Heiman | LinkedInCheck out Alice's website:Alice Heiman | Sales Consultant and Strategist for CEOs

So what the heck is going on with the U.S. economy? We've been warned about a possible recession for two years now. But the economy is still going strong, and the housing market seems to defy gravity. The contradictions may have left you scratching your head, but the guest in this episode will help clear up any confusion. He'll also share his thoughts on what and where to invest. Our guest Rick Sharga has more than 20 years of experience in the real estate and mortgage industries. He's the founder and CEO of market intelligence and advisory firm CJ Patrick Company, and has previously served as EVP of Market Intelligence at ATTOM data, EVP for Carrington Mortgage Holdings, EVP of Marketing at RealtyTrac, and Chief Marketing Officer for Ten-X and Auction.com. Rick is one of the country's most frequently quoted experts on the U.S. economy, real estate, mortgages, and foreclosures. He's appeared on all the major news channels, and several times on this podcast. We just co-hosted a 2024 Housing Market Predictions webinar for the Real Wealth Show. You'll find that webinar at by clicking here. So, if you're wondering how to invest in real estate this year, you might get a few great ideas from Rick. You'll also find information about the North Dallas Rental Fund mentioned in the podcast at https://growdevelopments.com. And don't forget to join RealWealth to help expand your real estate knowledge and take advantage of up-to-date investing opportunities. It's free! And please be sure you subscribe to this podcast on your favorite platform, like & comment, we want to hear from you! Thanks for watching! Kathy Fettke LINKS: Watch this episode on YouTube: https://www.youtube.com/watch?v=4mf15R6wtj0 Listen & Subscribe to the Real Wealth Show on your favorite platform: https://link.chtbl.com/RWS Join RealWealth: http://tinyurl.com/joinrealwealth970 Rick Sharga's 2024 Housing Market Predictions Webinar: https://realwealth.com/learn/2024-housing-market-predictions/

“Sell your trash. Your small trash is keeping you busy.”Welcome back to the Investing RN podcast! This week we are joined with Maricela Soberanes. She's a CRNA and real estate investor. Maria emigrated to the United States with only $100 to her name. Maricela's determination led her to master English, dive into nursing, and climb the ranks to become a CRNA. But she didn't stop there—she's now using her expertise to help fellow healthcare professionals explore the lucrative world of real estate investments.Maricela opened up about her life's journey, a true testament to what hard work and vision can achieve. She shared how pivotal it was to learn from mentors and how being part of the right communities can catapult you to financial freedom. Maricela's story is particularly inspiring for healthcare professionals who might not see the immense potential real estate investing holds for creating wealth and passive income. Plus, she threw in some gems about the game-changing role of virtual assistants in growing a real estate empire.Maricela isn't just about building her own success; she's passionate about guiding others on their path, too. She's been there for healthcare pros just starting in real estate, offering coaching and mentorship drawing from her wealth of experience. She believes in the power of networking, mentorship, and community to not just grow your net worth but also to enrich your journey to financial success. If you're looking to get into real estate or just want to be inspired, Maricela's insights are invaluable. She's living proof that with the right mindset and support, diversifying your income and achieving financial independence is within reach.

Today, I'm spilling the beans on the game-changing moves I make every single day that have completely transformed the way I navigate both my life and business. As I've aimed to streamline my processes, I've come to realize the power of being proactive rather than reactive when it comes to life. Brace yourself for some seriously good, absolutely necessary (and maybe even a tad controversial!) tips that will liberate you from the shackles of work, giving you more control over your time and helping you realign your work-life balance. These are the hacks that have empowered me to tackle new challenges, and reshuffle my priorities, and I'm pretty darn sure they'll work wonders for you too!   Ten X is Easier than 2 X by Dan Sullivan Full Focus Planner The One Thing     Download our Free Resources ➡️ Pre-qualify your clients with my Discovery Call Script ➡️ Stay confident from beginning to end with my Consultation Checklist    ➡️ Looking for a quick infusion of cash? Grab my 4 easy ways of increasing your revenue   Looking to elevate your business? Learn more about our courses ➡️ Want the complete blueprint to calculate your design fee with confidence and ease? Learn more about my Pricing with Confidence course ➡️ Want to be the first to know when Power of Process is returning? Click to learn more about the business blueprint for interior design firm owners. ➡️Want to be the first to know when the next episode drops? Don't forget to SUBSCRIBE to the Resilient by Design Podcast wherever you listen to podcasts!

In this week's pep talk, I'm sharing the concept of "Ten X is Better Than Two X" based on the book by Benjamin Hardy and Ben Sullivan. Tune in to become empowered to make big, impactful moves in the year ahead.In today's episode, I share:The concept of ten X is better than two XApplying the ten X concept in business strategyAn action plan for implementationMaking bold actions with this frameworkOvercoming challenges and embracing the growth mindsetCONNECT WITH HOLLY:• ASK ME ANYTHING: www.hollymariehaynes.com/chat• JOIN THE MASTERMIND: www.hollymariehaynes.com/mastermind• WORK WITH HOLLY: www.hollymariehaynes.com/workwith me

In today's episode Whitney Sewell delves into the concept of Ten X thinking and its impact on real estate syndication. He discusses how the constant desire to work harder can be a hindrance to thinking differently and how a shift in mindset is crucial for achieving greater success. Whitney shares insights from a book that challenged his thinking and prompted him to reassess his approach to success.Key Points:- Continuous Process of Improvement: Whitney emphasizes the importance of a continuous process of increasing quality and decreasing quantity in all endeavors and discusses the challenge in maintaining this mindset.- The Power of Focus: He draws on the example of Warren Buffett and Bill Gates to highlight the significance of focus in achieving success, and how it has impacted his own mindset.- Shedding the Two X Identity: Whitney explores the difficulty of shedding a limited mindset and the importance of surrounding oneself with individuals who are at the level one aspires to reach. He stresses the impact of one's identity and the standards they hold for themselves.- Setting High Standards: Whitney emphasizes the need for defining and choosing one's own high standards and the commitment required to raise these standards. He discusses the impact of this on personal growth and entrepreneurial journey.- The 80/20 Principle: Whitney delves into the concept of the 80/20 principle, urging listeners to identify the tasks in their lives that fall into the 80% and 20% categories, and the value of hyper-focusing on the 20%.- Ten X Goals: He discusses the benefits of setting Ten X goals, including the promotion of nonlinear approaches, fostering leadership and teamwork, and the importance of being comfortable with being wrong in the pursuit of growth.Wrapping Up:Whitney encourages listeners to adopt a Ten X focus in their pursuits and invites them to share their feedback and suggest topics or guests for future episodes.To provide feedback or suggestions for the podcast, listeners can reach out to Whitney Sewell via email at info@lifebridgecapital.com.Tune in for more insights and discussions on commercial real estate, syndication, and entrepreneurship.VISIT OUR WEBSITEhttps://lifebridgecapital.com/Here are ways you can work with us here at Life Bridge Capital:⚡️START INVESTING TODAY: If you think that real estate syndication may be right for you, contact us today to learn more about our current investment opportunities: https://lifebridgecapital.com/investwithlbc⚡️Watch on YouTube: https://www.youtube.com/@TheRealEstateSyndicationShow

Captain Jeff Haley joins todays show to talk about the path he took to build his dream business as a fishing charter captain. This episode is motivational and relatable, as Jeff shares his story about moving down to Jupiter from New Jersey, changing his whole career path, working at Juno Bait, and creating Ten X Charters.If you would like to reach out the Jeff, here is his contact information:https://www.gofishjupiter.comhttps://www.instagram.com/tenx_charters/Thanks for listening! Follow us on Instagram!

Welcome to The SaaS CFO Podcast! In this episode, our host Ben is joined by the esteemed Jim Williams, a seasoned expert in software M&A and the Managing Director of GLC Advisors. They delve into the current landscape of private equity deals, the changing dynamics of valuations, and the importance of understanding the true business model in SaaS companies. Jim sheds light on the cautious approach private equity sponsors are taking, with lenders becoming more conservative on leverage. They discuss how discipline has increased among sponsors, who now prioritize investing in higher-quality assets and businesses with stronger growth potential. Valuations have shifted, and Jim provides insights into the factors driving these changes. The conversation then turns to the significance of understanding revenue streams and profitability in SaaS companies. Jim emphasizes the need for a clear delineation of business models and revenue streams, as well as the importance of showing gross margins by business line. They also explore the difference between platform and add-on acquisitions, with Jim explaining how each contributes to scaling a business. Valuations, growth rates, and profitability remain key considerations for investors, with a focus on financial discipline and sound fundamentals. Jim examines the "rule of 40" and the changing mindset towards the growth at all cost models. They delve into the current state of the software M&A market, discussing deal volume, valuations, and deal structures. As the episode draws to a close, Jim offers insights into the challenges and opportunities that lie ahead for software entrepreneurs. He predicts a potential pickup in software M&A activity in 2024 and encourages business owners to seek advice and carefully consider their timing. Jim's expertise and outlook provide valuable guidance for navigating the ever-evolving software industry. Stay tuned for an informative and thought-provoking discussion on The SaaS CFO Podcast! Show Notes: 00:01:30 New normal: stable, consistent decline in deals. 00:04:33 Stabilized deals, new normal in rate environment. 00:08:30 Lenders getting more conservative, making deals harder. 00:11:24 Disciplined firms invest in better assets. 00:14:21 Good companies getting fair multiples, longer diligence. 00:17:28 Buyers lack urgency to close deals. 00:20:02 Deal volume steady, quality plays important role. 00:22:43 Look forward in financials, focus on ARR. 00:26:22 Metrics, gross and net revenue retention focus. 00:29:27 GR important metric, Mr. Schedule, data consistency, diligence, renewal rates, data preparation, metrics 00:34:22 Importance of understanding SaaS business model. 00:36:22 Clearly explain business model and revenue streams. 00:40:49 Platform: bigger, confident sponsor with strong belief. 00:43:24 Hurdle for businesses to reach Ten X. 00:47:38 Steady Eddie businesses for potential add-ons. 00:50:34 2024 outlook positive, potential delay in progress. 00:52:51 Offering software quarterly report for Ben's notes. Links: James Williams LinkedIn: https://www.linkedin.com/in/james-williams-5754953/ To know more about Ben check out the links below: Subscribe to Ben's daily metrics newsletter: https://saasmetricsschool.beehiiv.com/subscribe Subscribe to Ben's SaaS newsletter: https://mailchi.mp/df1db6bf8bca/the-saas-cfo-sign-up-landing-page SaaS Metrics courses here: https://www.thesaasacademy.com/ Join Ben's SaaS community here: https://www.thesaasacademy.com/offers/ivNjwYDx/checkout Follow Ben on LinkedIn: https://www.linkedin.com/in/benrmurray

In this episode of the "Doing What Matters" podcast, host Teresa McCloy delves into the importance of community and announces an exciting new development. Teresa shares her upcoming launch of the REALIFE Process Community, a place for listeners to connect and engage with one another. She invites listeners to be among the first to join by signing up at https://www.therealifeprocess.com/join. Reflecting on her own journey, Teresa explores the concept of doing big things. She shares her personal experience of standing in a courtroom to speak at a personal development event, a powerful moment that highlights the impact of her son's story on her life. Teresa emphasizes the significance of taking small steps towards big goals and asks listeners to consider the big thing they are meant to do. Drawing inspiration from the book "Ten X is Easier Than 2 X" by Dan Sullivan, Teresa encourages listeners to identify the unique big thing that only they can accomplish. She reflects on the release of her own book, "Do What Matters: Live From Rest, Not Rush," and the small steps she took to bring it to fruition. Teresa prompts listeners to think about the small step they can take today towards their own big thing. As the episode concludes, Teresa reminds listeners of the power of community and the support available in the REALIFE Process Community. She invites them to be a part of this journey together and emphasizes the transformative potential of pursuing and accomplishing their big things.   [00:03:07] Join our email list for updates. [00:05:28] Speaking in courtroom about son's impact. [00:09:33] Big thing: Discovering your unique purpose and potential Small step: Taking action towards your big thing. [00:13:18] Stuck in writing, reached out for help. [00:16:43] WHO blessed and coached me through my book, made it make sense, and brought joy. [00:18:08] Celebrating book success, planning for second book. [00:22:07] Join our new community to discuss and connect.   IMPORTANT LINKS:   https://www.therealifeprocess.com/ https://www.therealifeprocess.com/join   Coach Certification Link https://www.therealifeprocess.com/     Become a REALIFE Process® Certified Coach! FREE Download: 4 Steps to Simplify Your Calendar Ready to uncover more time on your calendar? This FREE download will help you remove what doesn't matter, so you have space for what does. Click here to get this FREE resource! Take the FREE Intro to Needs & Values Assessment Ready to discover what uniquely matters to YOU? CLICK HERE to take our FREE Intro to the Needs & Values Assessment. Get to know the story behind the REALIFE Process® through our film, Rested Success! CLICK HERE to watch the 15-minute documentary film where you'll hear Teresa's story, how the REALIFE Process® began and developed, plus how our Certified Facilitators are using the Process in the work that they do. My book, Do What Matters, is now available! My book, Do What Matters, is available NOW! Banish busyness and discover a new way of being productive around what truly matters. Learn more at DoWhatMattersBook.com. Join the Community! Become part of the FREE REALIFE Process® Community! Connect with Teresa and other podcast listeners, plus find additional content to help you discover your best REALIFE. Check out our YouTube Channel! Prefer to watch AND listen? Check out our YouTube channel for the podcast episode on video! Make sure to subscribe so you get all the latest updates. Connect with your host, Teresa McCloy, on: Facebook - The REALIFE Process® with Teresa McCloy Instagram - teresa.mccloy LinkedIn - teresamccloy About Teresa McCloy: Teresa McCloy is the creator of the REALIFE Process® and an ACC Certified Leadership & Life Coach through the International Coaching Federation. She partners with her clients as a coach, consultant, and professional speaker to discover how to do what matters in their life and business. Teresa is the author of Do What Matters: Live from Rest, Not Rush, Using the REALIFE Process®

Sathiya Sam discusses the concept of "less is more" and its relevance in various aspects of life. He shares personal experiences and insights on simplifying and consolidating one's life, both on a business and personal level. Sathiya mentions a book called "Ten X is Easier Than Two X" that explores achieving greater outcomes through strategic thinking. He highlights the countercultural nature of the concept, using social media as an example. The episode also features a guest who emphasizes the importance of focusing on high leverage activities in recovery and prioritizing them. The speakers conclude by encouraging listeners to apply the "less is more" concept in their own lives.Book A Call With Sathiya's TeamFor more Free Resources, check this outFollow Sathiya on Instagram

On this episode, Linda and Dana talk with Dr. Ben Hardy, a friend of Linda's who is an author and psychologist. Ben shares his backstory, including growing up in a chaotic environment, becoming a writer, and adopting three children. He discusses his successful blogging career and collaboration with Dan Sullivan on books like "Who Not How" and "Ten X." Ben emphasizes the importance of aligning with 80/20 individuals for growth. He also shares his upcoming projects, such as rewriting his book "Slipstream Time Hacking" and working on a new book called "How to Stretch Time." Get your Episode Guide here Check out our Everything Life and Influence course here

We are thrilled to welcome former lawyer turned hotelier, Diya Liu, to the podcast. Diya is a true powerhouse in the real estate and hospitality industry. Drawing from her academic background in chemical engineering and biochemistry, she pursued a legal career in patent litigation. However, her incredible success in reaching $200,000 net rental income with short-term rentals led her to make the courageous decision to quit her job and fully immerse herself in the world of real estate investing. With her extensive portfolio, she owns four boutique hotels and around a dozen short-term rentals across the USA. As if that wasn't impressive enough, Diya is also the CEO of Welcome Capital, a remarkable $10 million STR and hotel fund. What sets Diya apart is her ability to leverage her legal background to teach others not only how to achieve financial independence through short-term rentals but also advanced techniques such as off-market acquisitions, creative financing with zero down payments, and innovative exit strategies like wrapped note transactions. She is passionate about sharing her expertise and empowering experienced short-term rental operators and owners to scale into hotel investing.We are honored to have Diya share her invaluable insights, experiences, and strategies with us on this podcast. Diya gives us the lowdown on where to find hotel acquisition opportunities in the best markets, unique marketing strategies for boutique hotels, optimizing operations with new technology, what's in her buy box and why now is the golden era for boutique hotels. Get ready to be inspired and gain the knowledge you need to take your real estate and hospitality ventures to new heights.To learn more, and for the complete show notes, visit: http://thanksforvisiting.meResources:• Instagram: @DiyaESQ• Event: Western NC Hotel Bootcamp & Market Tour August 22-26• Facebook: Airbnb Professional Hosts: Short Term Rentals, Mid Term Rentals, and Hotels• Website: diyaliu.com• Twitter: @diyaesq• Facebook: Diya ESQ• Welcome Capital: thewelcomefund.com• CoStar: costar.com• Cloudbeds: cloudbeds.com• LoopNet: loopnet.com• Crexi: crexi.com• Ten-X: ten-x.com• #STRShareSunday: @thebrooklyninnThanks for Visiting is produced by Crate Media.Mentioned in this episode:Breezeway | Breezeway is our favorite all-in-one property operations and messaging app. We use Breezeway to standardize our cleaning, maintenance, and inspection processes and automate...

Will we see home prices go any lower? Will we see a rise in foreclosures? When will mortgage rates come back down to earth? Is it best to keep a bunch of cash on the sidelines so we can scoop up all the good deals when we are hit by recession? Where does it make sense to buy rental property in this economy? In this episode, you'll hear from someone who can answer those questions and more to help you as an investor make better decisions during these uncertain times. Rick Sharga has more than 20 years of experience in the real estate and mortgage industries and is the Founder & CEO of market intelligence and advisory firm CJ Patrick Company. He has also served as the Executive Vice President of Market Intelligence for ATTOM Data, Carrington Mortgage Holdings, and RealtyTrac's Marketing Department, as well as Chief Marketing Officer for Ten-X and Auction.com. Over his long and distinguished career, he's become one of the most frequently quoted experts on real estate, mortgage and foreclosure trends. If you want to expand your real estate investing horizon, and would like a referral to one of our proven property teams in places like Texas, Florida, and the Carolinas, please hit the “Join for Free” button. Once you are a member, you will have access to our investment counselors, and trusted real estate professionals that can help you reach your investment goals. To find out more about our North Dallas Rental Fund, mentioned during this interview, please go to growdevelopments.com.  And please don't forget to subscribe to this podcast!  Thanks for listening! Kathy Fettke  

Get ready for an exciting episode with the remarkable Casey Stubbs! Casey is not only a 9 ½ year United States Army Veteran, but also a thriving business owner, a respected leader in his local church, author of The Ultimate Harmonic Pattern Strategy Book, and of course a trader for a living. Oh, and not to mention that he's also a devoted husband and father of nine! Join Agnieszka as she dives into a captivating conversation with Casey about the challenges that traders face when they want to turn trading into a full-time gig. Discover Casey's secrets to balancing the pressures of providing for a family while pursuing a trading career. He spills the beans on his journey from trading as a hobby to trading for a living and shares his wisdom on the importance of having an additional income source to ease financial stress. Brace yourself as they debunk the myth of trading as a quick fix for financial struggles and reveal the key ingredients: discipline and learning from mistakes.About Casey StubbsCasey Stubbs is the host of the popular podcast "How To Trade It," where he shares his insights and expertise in the world of trading. Additionally, Casey is also the founder of TradingStrategyGuides.com, a website that offers a variety of trading strategies and resources for traders of all levels, and the newly released GlobalPropTrader.com for proprietary trading. With over two decades of experience in the industry, Casey has a wealth of knowledge to share with his audience, and his podcast and websites are widely considered to be among the most valuable resources for traders looking to improve their skills and increase their chances of success in the markets.  Casey is dedicated to helping people from all walks of life fulfill their financial dreams, while also achieving financial freedom. Helping others is at the heart of all that drives Casey on a daily basis.    Contact Agnieszka Wood | Ahead Coach: Website: aheadcoach.comTwitter: @Ahead_CoachYouTube: @aheadcoachFacebook: Agnieszka WoodInstagram: ahead.coachLinkedIn: Agnieszka WoodContact Casey Stubbs:Website: https://tradingstrategyguides.com/Website:  https://globalproptrader.com/ Website:    https://caseystubbs.comYouTube:   https://www.youtube.com/TradingStrategyGuidesYouTube:   https://www.youtube.com/caseystubbsTwitter:       https://www.twitter.com/caseystubbsFacebook:  https://www.facebook.com/TradingStrategyGuidesLinkedIn:    https://linkedin.com/in/caseystubbs--Transcript[00:00:00.650] - AgnieszkaI am Agnieszka Wood. Welcome to the Confidence in Trading Podcast. Let me introduce my special guest on today's show, Casey Stubbs. Casey is a nine-and-a-half-year United States Army veteran and entrepreneur, a leader in his local church, a successful business owner, and a trader. In 2009, Casey launched his first trading business, winners Edge Trading, which generated over 6 million in revenue. He then went on to launch several other successful brands, including Trading Strategy Guides, Learn to Trade for Profit, Finance & Markets, and Price Action & Income. Casey is also the author of The Ultimate Harmonic Pattern Strategy book, the most accurate harmonic patterns, and how to trade them. I met Casey a few years ago when I had the honor to be invited as a guest to his very own How to Trade It podcast. We have kept in touch since, and Casey has been supporting me greatly throughout my development as a head coach, which I am incredibly grateful for. I invited Katie to my podcast not just because he has achieved all these great things and has a wealth of knowledge that all traders can benefit from, but also because he's a married man and a father of nine and he has managed to find a way to combine trading and providing for the family. [00:01:37.550] - AgnieszkaAnd I am very excited to talk with Casey about it today because that is something that creates huge pressure for many traders. Welcome, to episode number eight: the Family Factor – how it impacts your trading. Hi Casey. Welcome to my podcast, and thank you for being open to sharing your experience in this rather private field. [00:02:01.320] - CaseyHi, Agnieszka. Thank you so much for having me. Quite an honor to be on the show. Really excited to be here today. [00:02:09.880] - AgnieszkaThank you. Thank you so much. Casey, could you tell us a little bit more about your trading journey? How did it start and how is it developing? [00:02:20.650] - CaseyOkay, so I have a really cool story about trading, and I'm really fortunate. So I started as a kid. Being interested in computers. So I grew up in the computers were new, and my aunt Mary. She worked at Intel, which makes computer chips. And so she would be bringing home computers, like parts, computer parts, and she would get extra parts that they would not need anymore, they would be throwing away or whatever. And so we'd put the computers together and she showed me how to do all that. So that created a great interest for me in technology. Me and my brothers, actually, we all. We're interested in computers. Well, it was fun. It was just so much fun. And I didn't realize it at the time because it was fun for me because we were playing games and we were putting stuff together. But I didn't realize that the computer generation, I had no idea that the future was the computers. I didn't know that my aunt was giving me an interest that was aligned. With great future skills and growth. So I was getting a skill and. I didn't even know it, which is. Kind of a good way to trick a kid into getting high-value skills. [00:03:32.690] - AgnieszkaTotally. What the timing! [00:03:34.750] - CaseyYeah. And so it turned out that my dad was involved in the stock market, and I didn't really know that he was a mechanic, a very hardworking guy, but he would be putting extra money into that. Made into the stock market. And so when I was in high school, the stock market started to get. Online trading in the early ninety s. And he didn't know how to use a computer. They didn't have computers when he was a kid. And so he's like, hey, I need. To set up my stocks, but I don't know how to use a computer. So I would help him. I got him set up, got the computer running, and hooked up the stock programs for him. And then in the process, I was. Like, what is this stock trading? This thing is amazing. I'm blown away. In my mind, I'm an instant millionaire as a teenager, like so excited about picking stocks. [00:04:27.810] - AgnieszkaWow, that is incredible. So at what age did you actually start trading? [00:04:33.130] - CaseySo I practiced a little bit with my dad, and then when I got. Out of high school, I didn't want. To go to college, I joined the army. And in the army, I made $800 a month. That was in 1996. In today's money, that's not a lot of money. [00:04:53.200] - AgnieszkaNo. Was it at that time? [00:04:55.980] - CaseyNot really. But as a 19-year-old kid. And the army, they pay for all your stuff, right? And so I remembered, I don't know. How I remembered that I was interested in trading. So with my very early on, I got an army bonus because they paid me a bonus because I picked a. Combat field that didn't get a lot of volunteers. So they paid me a $5,000 bonus. And so I took that money and I put all of it into trading accounts. And so I was stationed over in. Germany and I'd take, I don't know. How much I'd take, but most of my paycheck every time went right into my stock account. And so four years later, by the time I got out, I had over $30,000 in stocks. And it was a great time to be in. I wasn't really trading, but it was a great time because it was a big run-up from 1996. That there was what they called the.com bubble. And so I bought some tech stocks, I bought intel and I bought Cisco Systems, which was a really big one at the time. And I just made a massive return. From a very small amount of just whatever I put in every week. [00:06:07.910] - AgnieszkaThat is a great start. But how did you feel about it? Did you consider it something that you were lucky to make that money, or you thought, okay, this is how the stock market works? This is how it's going to be from now on. I'll be just always making money in the stock market. [00:06:21.930] - CaseyIt's funny because as such a young person, I still didn't really have a clue as to what was going on. I mean, I was really just very fortunate, and I didn't realize it, and I got even more fortunate. And so if you're listening to this and you think, oh, it's all your good fortune, no, I fell on my face many times. I got a good start, which helped because it got me interested. It kept the spark going because I was like, oh if I can do this once, I can do it again. But I got out in 2000, and. I got out almost at the top of that's when I got out of the army. But I got out of the market at the same time because I'm thinking, okay, I'm going to take this money and I'm going to roll it into a business. So I sold everything, and I started. My own business, which was a carpet cleaning business. And the reason I did carpet cleaning. Was because my first job was out of. The army was a carpet cleaner. And I saw my boss would show up at 08:00 in the morning, give us the jobs, and then he didn't. Do anything else all day. And I'm thinking, oh, I want to be like this guy. I want to do nothing all day. And I would bring him home, like. $500 from all day. When I didn't do it, I made like 50 and he made 500. I'm like, Wait a second, I want. To do what he's doing. So I sold all my stocks and. I bought this carpet cleaning franchise, and. That didn't end well at all. I totally crashed that into the ground for a lot of reasons. Just immaturity not knowing how to run a business, personal problems, just a lot of things that happened. And so then at that point, I. Decided to get back into the market. [00:07:58.640] - AgnieszkaTo make the money back. [00:08:01.370] - CaseyYeah, to try to get it back, to build a foundation. I've had many ups and downs. I've had many ups and downs. So that's basically how I got started, and I really started my love of trading. [00:08:13.320] - AgnieszkaAnd was there a point where you followed trading education, or was it something that you have actually just taught yourself how to trade? [00:08:23.420] - CaseySo. I love learning, and so do I. Would read a lot of books. I love reading. I read probably one book a week on average, and I have for years and years and years. And so I mix it up between trading books and history. [00:08:45.110] - AgnieszkaWow. You have to give me the secret. When do you find time for that? [00:08:50.010] - CaseyWell, here's the secret. I call it reading, but listening is the new reading. So I drive to work, I listen to books, and I put them on two X. Because it gets them done faster. [00:09:01.730] - AgnieszkaThat's smart. Wow. I got to try that. [00:09:05.230] - CaseyWhen you first start, it's like, oh, this is too fast. But after you do it for a while, your brain gets used to the speed, I bet. [00:09:13.650] - AgnieszkaI never really considered that. Yeah. [00:09:16.130] - CaseySee, you work from home, though. A lot of people I know nowadays. Are working from home. I have nine kids, so I could not have an office at home that they would know about. It would have to be underground, hidden. And so I work in an office. It's about a 30-minute drive too. [00:09:29.930] - AgnieszkaWork, which is a nice way to spend time for yourself. Right. And for the books. Yeah, I'm much more of a paper person, so I really like the physical books. I still keep buying physical books. [00:09:44.610] - CaseyI like real books. It's the problem of time. I don't have time to read them. I read very few real books now. [00:09:52.320] - AgnieszkaYes, I know. That's why I was asking about your secret, but now I know it. All right, so you basically learn from books, the trade. Right. And was there any point where you thought, okay, I'm going to transition my trading to trade for a living? Because, you see, many traders want to trade for a living, and they cannot make trading work because of the pressure of having to provide for their families. Like, at what point those two met in your life, like, that you started a family, and what was your trading looking like at that point? [00:10:37.360] - CaseyOkay, so this is a very important question. This is very important, and I have a great answer to this, and I. Have a couple of key steps I. Think that anybody can follow. So the first thing is to make sure you're making money somewhere else. Right. You've got to be making money somewhere. Else because it's just like you said, it's total pressure. It's lots of pressure to do that. And so the way that I did it was I was working in construction. And I had a very young family just starting out. So this was in 2008, so I only had four kids at that time, so pretty early. Pretty early, yeah. And so they were little, too. They were all little. And I was working in construction, and in 2008, we had a real economic slowdown. The market went down pretty significantly. [00:11:42.600] - AgnieszkaWere you trading at the time as well? [00:11:44.500] - CaseyNo, I had some stocks. I had a stock account because I always put money in. That was the early thing that I. Learned from the army. Take money. And this is everybody should be doing this. You got to have a margin, right? There's got to be a margin in your life, which means you have to be spending less money than what you're making. And even if your bills are maxed out and you can't afford certain things, or even if you're not paying certain. Things, take that money out and put it somewhere that can return the money. It doesn't have to be trading, but it could be trading. It could be investing, it could be dividends, it could be real estate, it doesn't matter. Take that money out, whatever. You pick a number. Pick a number. One of the I guess a great way to say is just take 10%. And put that aside. You can live on 90%, right? And I'm being 100% truthful. It doesn't matter how bad things are. You can always take that 10% off. And do it before anything else happens. [00:12:51.130] - AgnieszkaYeah. And even I have been in situations when things were bad and there is always this you can always live without something, right? [00:13:00.280] - CaseyHere's one thing I tell people, and. I'm not even really getting to my story yet, but I always tell people. Look, trading is not getting rich quickly and seeing the problem. Here's why I think most people fail. And I'm not going to blame the advertisements or the marketers. It's a mindset thing and maybe the. Marketers have something to do with it. You see a commercial that says make. A million dollars trading. But people are trying. They're in financial pain. And it doesn't matter if the economy is good or the economy is bad. There are people that are in financial pain and so they come to trading. To try to solve that financial pain, okay? And that is not even 100% of it. The time, that's never going to work. Because you're treating trading as a lottery ticket, right? You're going to go in there, you're. Going to start trading, and now your financial pain is going to go away. And that's not the case. There's a problem. You need to solve a financial problem and it's all about managing your money, okay? And yes, it's hard to make money right now. The jobs do not pay a lot. Kind of what we just talked about, they don't pay a lot. But you got to learn to take that 10% off and start investing it, right? Because if you can't manage your own. With personal finances, you're not going to be able to manage your trades. It's a fundamental skill that you need to manage, which is managing money, being. Able to have a margin. You got to have a margin in your trading. You got to have a margin in your personal life. And the market is not a casino. If you go into it, you're going to get destroyed and your personal pain. That your experience is going to get worse, right? [00:14:43.560] - AgnieszkaAnd a lot of traders go into the market and instead of creating the. [00:14:47.310] - CaseyMargin, they trade on margin, which is a terrible idea, right? Because then the pain is even worse, right? [00:14:56.110] - AgnieszkaThe market, stock market, or trading is not an Advil pill that is going to take your pain away. It actually will worsen the condition, the reason why you have pain in the first place. [00:15:07.860] - CaseyIt's like putting your problem and putting. It is on ten X. Ten X is your problem. So if you want to hit ground zero faster, then there you go. There's that point where you break that. The breaking point, which I think many of. We have been through, I've been through a couple of times. [00:15:25.780] - AgnieszkaYeah, definitely. [00:15:27.180] - CaseyTo me, that's the best way to do it. Change is just basically falling on your face really hard. [00:15:31.950] - AgnieszkaYeah. [00:15:32.640] - CaseyAnd then willing to change, willing to. [00:15:35.790] - AgnieszkaLearn from those falls. Right? [00:15:38.140] - CaseyYeah. [00:15:38.760] - AgnieszkaBack to your story. So when you had four kids and you were trading, you were working, actually, for the construction company. Have you ever considered going full-time trading? [00:15:52.530] - CaseyI was just so into investing and putting my money in the market. I have always done that. And so that's just something that I paid attention to. I was always looking for stocks. So what actually happened to get me? Trading that I ended up losing my job. Okay. And so the economy was bad. I was building houses and construction, and. I was laid off and there was no work. I applied everywhere. [00:16:21.140] - AgnieszkaSimilar story for a lot of traders because of COVID Right. So I'm sure a lot of people are listening very carefully right now. [00:16:29.310] - CaseyYeah. And so then I was like, okay. Well, maybe I need to figure out something else. And so I started to research and. I realized that I had a skill. Set with the markets and understand the markets. And I also had that skill set that I talked about, which was computers. And I was pretty tech-savvy. I understood the internet. And so while I started to trade. I thought, you know what, I'm just. Going to start a website as well. And I'm going to see if I can generate some revenue from the web. And so I started a website. The name of it was called Winter's Edge Trading. And I was documenting my trading activity. I was kind of going through a process where, hey, look, I'm trading, I'm. Trying to create some side revenue trading. And so I started a website. And so what happened was that the. The website started to take off. I was trading and I wasn't really. Very good because I made a lot of mistakes and I wasn't making money, but I was making money from the website. So the website was giving me side revenue, which is why I tell people. Get money coming in and keep that money coming in until you're ready to make that switch. Or you don't ever have to if. You don't want to. Or you could switch from something that you enjoy more. Because I do like working. I like trading. I like working. I want to create multiple streams of revenue. So that's really important. And so here's a little thing that. I always find it really interesting. I found this article online and it's called How to Make $1,000 a Month Online. And so I found that article and it was really long and in-depth. And this is a kind of education. [00:18:36.890] - CaseyI just followed it step by step, everything that the article told me to do. And from there, I learned how to make $1,000 a month online from my website. And as I was continuing to trade, then I was making money trading and. Making money from my website. And so the thing is, nowadays, nowadays it's a lot harder, right? I was at the perfect time to start a website. So now I wouldn't tell you like, go out and start a website. [00:19:12.440] - AgnieszkaEveryone has a website. [00:19:13.460] - CaseyBecause the market saturates saturated. I wouldn't even tell you to start a YouTube channel because everybody's on YouTube. And so one good thing that's happened. Nowadays that I have been really working hard to get traders involved in prop trading, which means that you can. Pay for a practice test on a prop firm. And so, for example, I recently launched a prop firm and it's called Global Prop Trader. [00:19:44.230] - AgnieszkaNice. [00:19:44.940] - CaseyAnd so if you go in and. You pay $250 and you pass the test, you get access to $25,000 in funds, right? So that's a way to start generating. Revenue is a little bit faster. But you still have to start very small. You have to learn how to be. Successful with a little bit. And I've been talking a lot, so. I'll let you interrupt. But I would just add one little thing. [00:20:10.020] - AgnieszkaDo you also teach them how to trade? So imagine if someone is not really good at trading or not trading at all yet. Is this the way you would recommend learning to trade? [00:20:22.250] - CaseyWell, yeah. So the biggest thing with trading in my mind is you're the mindset coach and so you're big on mindset. So the mindset has got to be really important. We talked about the casino. Mindset doesn't look at the market as a casino. The next step is to plan your trading journey. Realize that you're going to go from steps one, two, three, and four. And it's a, it's a process, it's a trading process. It's a learning process. It's a phase that you have to change your mindset. You have to grow discipline. There are just so many things that you. Have to change as a person. So you have to plan that journey. So taking the test is probably the last step. You don't want to do that early. And so consistency is another big one. Start small and don't worry about making. A certain amount of money. Yeah. Your goal might be $1,000 a month. To start, don't worry about that. Worry about making a dollar. If you can make a dollar a day or whatever consistently, then you can. Worry about making $2. But it's a lot easier to learn. To make that dollar more than it is with these big numbers. [00:21:34.320] - AgnieszkaYeah. And I think indeed that starts all with the mindset, like how do you step in there? Like if you want to make a big amount of money quickly, then you will always rush it. Right, but what's the rush? Well, the rush is if people don't make money next to trading, they are in a hurry because they have a need that has to be fulfilled. But I always say to my students, the need is always there, whether you make money or you don't make money trading or with your business. Because everyone has a need to pay the bills, right? The need is always there. The thing is, like, how do you perform despite the need? Because if you say, I'm stressed because I need to make money. Yeah, everyone needs to make money because we need money to live, that's very normal. But you have to learn how to deal with that pressure. And then when you have a family, now you have a bigger family than just four, right? So basically what I hear you saying is you have always kept an extra income next to so you had multiple sources of income, basically to be able to trade without the pressure, right? [00:22:56.760] - CaseyYes. And trading without pressure, I think is important. And in life in general, that's why another reason why that 10% is so important is because of margin, because nothing moves in a straight line. It's always like up and down. Right. And so you need to be able. To withstand downs, because if it comes. Down and you start feeling squeezed and your emotions start kicking in, that's when you're going to start making a lot of mistakes. And so I really appreciated that you. Just said in a hurry, and I don't know if I can get people to believe me when I tell them that. So I want to know if you. Have found a way to get people to actually believe you when you tell them that they're in too much of a hurry. And what's your secret about it? [00:23:47.020] - AgnieszkaWell, I think the key here is what I help them to disconnect from is to help them understand what is their hurry, and what is the real need that they have. And once you realize everyone has the need, what really makes you have pressure is something else that they need. It's all the things that people put in their heads. So I try to listen very carefully to what they say to me because people will tell you literally with their words what's in their head. Right. So usually it's about them making it if you will. They just want to be successful. They just want to finally, after all this struggle, they just want to finally be done with that pressure. It's not even about the money. Right. And that is where that hurry comes from. Because there is this idea of one day that is going to come and then after that day when I made it. Everything will be beautiful in my life, and I will never have problems, and my trading will be fantastic. I'll be making money every day. This day does not exist, so don't hurry. There is nowhere to hurry too because it's a day-to-day process. Just like when you work for a boss, when you work for your own company or trading, you go in, and every day you put in effort. The next day you do the same thing. And the day after and the day after. It's not that. When you have a job, you think, oh, I have to hurry because one day, finally the job is over. No, there will be always something to do. So even when you are trading, you will always learn. You will always have that pressure because it's a high-pressure environment. And what you need to learn is to release that pressure, release that need of desperation. I think it's a lot about being desperate, and we know that if you're desperate, you will never get a good deal. Right? I like to compare them. When you need a car and you go to a dealership, they will smell it. If you're desperate, you will not get a good deal. So don't be desperate. Don't be desperate. In the market. [00:26:29.780] - CaseyYeah, the market knows when you're desperate. [00:26:33.610] - AgnieszkaExactly. [00:26:34.060] - CaseyThe market knows. Man, that's really good! [00:26:36.430] - AgnieszkaThanks. [00:26:36.880] - CaseyThat's really good because, man, I'm always. In a hurry, and well, not always. I'm getting a lot better, but that's been very difficult for me. So, my son, he's 16, and he. Doesn't have any means, right? I mean, I take care of all of his stuff, and he has a job, too, and he makes money, and yet he's in a huge hurry. He's 16, and he's just like, me. Got to do this. He's 16, and he's like, I need. To start this business, I need. To make all this money, I need to do this. I'm like, why? [00:27:13.530] - AgnieszkaYeah. [00:27:14.060] - CaseySo this is some good I need to talk to him about this. I don't know. When I tell him, he doesn't necessarily listen to me because he's very young, but you don't need to be in a hurry. He's like, yes, I do. I need it now. But it's that same he feels like he needs to make it. He needs to do something great. That's what it is. [00:27:32.190] - AgnieszkaYeah. So now the question is, okay, so where do you need to get to? Where do you want to get to? What's the hurry? Okay, and now you're there. And now what? [00:27:42.580] - CaseyYeah, so now you are there. [00:27:45.300] - AgnieszkaWhat do you think happens? Do you think life stops or what? Do you think you're ready? And then what you'll be sipping on? [00:27:52.310] - CaseyYeah, then you're miserable. Anyways. [00:27:55.850] - AgnieszkaI know. It's really funny that you said it, because some of my students, actually, their whole idea was to trade just maybe three times a week right? Just three trades a week. And then they got all this time on their hands. Now they're doing it. And then there is the next problem popping up. What do I do with all my time? [00:28:19.860] - CaseyRight? Yeah. Well, I try to talk to people. About that on the front end. Right? I talk to that on the front end. Because before you start trading, you need to have a purpose. Right. A purpose is really important, and that's. Why I like working. Okay. I want to teach people to trade. I'm going to make some trades, and. Then I'm going to work on creating content. I want to help people learn to trade. [00:28:49.600] - AgnieszkaAbsolutely. [00:28:50.040] - CaseyI want to help them accomplish their dreams. [00:28:51.970] - AgnieszkaYes. Because I work with my students on defining a mission and their vision for life. Because it's not like, okay, you can have some goals, but then you achieve them, and then what else is there? Right. And that when you have something that is bigger than yourself. That's really where your efforts matter. And that's also what will push you through those difficult moments when things are not going that great or when it's difficult to be consistent. I run this challenge in April with my students of everyone picked their habits. We have, like, an app that tracks that. And there is an award if you have 80 or over percent of the habits that you are able to stick to. So consistency, right? It's not easy, especially if you really work on this consistency. For many people, trading is impossible because they cannot be consistent in their life. So having your own business, which you have a lot of experience in, and being a trader, has a lot of things in common. Right. One of them is the uncertainty of income because you just never know what will come in, especially at the beginning, whether you begin your business or whether you begin trading. And to bring money in consistently, you really have to keep putting in your effort consistently, just like with those habits. And even then, there are no real guarantees because you don't control other people, right? You only control yourself. So what was your way to deal with that uncertainty? And does that pressure that this uncertainty causes ever go away? Because now you have a big family, you're running a business, and you have run multiple businesses. Does this pressure ever go away? [00:31:04.230] - CaseyWow. I would say no. There's always a responsibility. When you have a responsibility, then that creates extra pressure. But I honestly think it's a good thing. So I have people working for me. And I like to hire young people. And so whenever they get married and they have a kid, I get really excited because now I know that they're. A lot more responsible than they were before. Right. Now they have to actually show up to work like before. You know, what if they took a few days off? No big deal. But. Now they have to be there. There's something about responsibility that when people are counting on you, that really helps keep you focused. [00:31:53.390] - AgnieszkaThat is so beautiful. It's actually a great perspective because from a trading perspective, that could be instead of a pressure builder, could be a motivator for people. I have to stick to my road because I have a responsibility towards my family. Right. Seeing it from the positive perspective, actually having this responsibility helps me to stay disciplined instead of, oh, my God, all this responsibility on my head. I have to make money quickly, so let me just throw some money into this stock because it's moving like crazy. [00:32:26.850] - CaseyYeah. I look at my life as kind of like when you think about the. Gym as a business person and as a trader, I have a certain level of capacity. Capacity is the amount of a load. That I can personally carry, whether that's responsibilities, whether that's how much money I can handle, all of those different things are in my bucket. Right. What I can carry in my bucket. And so, as a human being, I. Want to work on increasing my capacity. And the only way to increase your capacity is to push the limits. Right. If you're not going to push the limits, if you're not going to go through the pain, some people say it's getting out of your comfort zone, but getting out of your comfort zone, pushing the limits, doing things you've never done before and not giving up, that's how you increase your capacity. [00:33:19.160] - AgnieszkaWow, I just got goosebumps. This is just like gold, people, you got to write this down. Seriously, Casey, this is fantastic. This is a great way to see that, because that getting out of our comfort zone, that pressure that we are experiencing in life or in the market, is what always causes resistance. Right. Something we try to avoid. But the way you bring it is actually a very positive thing. And instead of getting scared of it and trying to run away from it and fight it, lean into it and let it help you to be able to carry more. That's so beautiful. Wow. [00:34:10.590] - CaseyThanks. Yeah. That's how you change. And I think we go from a mindset we don't see that going in. And so if we embrace it, we have the mindset, oh, this is changing me. Yes. This is uncomfortable. But if I believe I have faith, I think faith is a really important part. I'm always trusting God with my life. Like, okay, I'm going to come out okay through this. [00:34:35.500] - AgnieszkaYes. My yoga teacher would say, what you resist persists. What you embrace passes with grace. He always liked that... [chuckles] [00:34:47.080] - CaseyEmbrace! Yeah, that's true. Yeah. [00:34:51.710] - AgnieszkaSo is there anything else that you would like to tell our listeners that could help them to relieve that pressure of responsibility to provide for their family? [00:35:05.010] - CaseyWell, I think we covered most of it. I mean, getting a good education will help, but just not giving up. And I would also say get help, get help. Find a friend. Finding a real friend in life is. Really hard because you're embarrassed. Like, oh man, I don't want to. Tell Agnieszka about all these problems. She thinks I'm a cool person. I don't want to tell her about this, how could I do that? But a real friend is not going. To point the finger or say, well, you know what, you made this mistake. You made that mistake. They're just going to help you. They're like, okay, well, you're doing okay, keep going. Or maybe you could try this. You know, just getting somebody in your life, right? I have, I have. So that's a big secret. I have a lot of good people in my life, people that, that support me, people that have a lot more. Experience than me, people that I can share things with. Like, I just do life with people. I don't do life alone. I get experienced people that really care. About me in my life. [00:36:21.790] - AgnieszkaThat's beautiful. That is beautiful. And I think that also helps to create a sort of softness also towards yourself. Because we tend to be very hard on ourselves, especially ambitious people. And most people who get into trading are very ambitious. And I always recommend treating yourself like you would a good friend, become your best friend as well. Because if you can be your own friend, instead of putting yourself down all the time and calling yourself words when things don't go right, that will help you so much knowing that you actually have an ally in you. Right. Because it will be also easier, just like a good friend, it will be easier for you to admit that you're wrong. And in trading, trying to be right and proving yourself right, it's a big issue. Right. So being your own friend helps you in a lot of different areas in trading and then plus having great people around you to support you, that's the key. [00:37:35.570] - CaseyYeah, it can be hard to learn to be a friend to yourself. Like you said, ambitious people like, oh my goodness, look at all of the. Mistakes I made, this whole thing. So I always tell people, don't blame. Other people because that's a disaster. That will never work. Don't ever blame anybody. But then again, blaming yourself doesn't work. Either because, yeah, sure, you made the mistakes. Yeah, it's your fault. Yeah, you're a total loser and a total failure. Yes, that's all true. But if you say that stuff about yourself, you're going to dwell on it instead. I just like it. If my thought pops in, I get it out, I replace it. I do thought replacement. Oh, you're a loser. No, I'm going to persevere. I'm going to change my behavior. I'm going to do something different. Yes, this circumstance isn't good, but I'm going to push through. Right. I try to be a good friend of myself and you got to learn how to do that. That's a skill. [00:38:35.200] - AgnieszkaThat is a skill and that's one of the skills that I teach because we have about 70,000 thoughts a day and there's a lot to manage and we definitely don't have to believe all of them, most of them not. And they are simply not helping us and definitely being aware of that process. And I know that in general, we call this mindfulness. I do like to call it to mind awareness rather because when your mind is full that nothing good comes from it. I take words very literally. [00:39:11.990] - CaseyThat's a great idea. I think good is important. [00:39:15.170] - AgnieszkaYes, totally. Especially the words that we tell you and mindful. [00:39:18.910] - CaseyI never thought of that. See, I'm learning a lot, like I. A lot of times forget things because as I talked about capacity, I'm trying to do 50 million things and so sometimes I forget the most basic stuff, right? [00:39:33.380] - AgnieszkaAnd you know, mental awareness really helps you to be in the moment because this is really where all these other problems disappear. To be in the moment and dealing with something right now, not something that might happen in the future because 90% of those things are not going to happen that we are afraid of. Things that happened in the past already happened. So it doesn't make sense to dwell on those too. Blame doesn't really help anyone, should have doesn't help anything. So when you can focus on what is happening right now and really enjoy that process that is something that I strive to personally be there all the time with all the hundred thousand things that I'm with ideas. And trying to do to bring them to life. Sometimes it's pretty challenging because I am, in general, very a person with a lot of different ideas. And if I could, I would start working on them all at the same time, immediately. So trading is a sort of meditative experience at this point for me where I can actually focus on one thing and I think that is something that a lot of people could strive towards because that will help you also experience life instead of rushing to someplace in the future, forgetting to live. [00:41:06.140] - CaseyThat's good. [00:41:09.590] - AgnieszkaWell, thank you so much, Casey, that was a great conversation, I really enjoyed it, and thank you so much for sharing all these insights that from your experience, which is an absolutely captivating and inspiring story. We know each other for several years but I had no idea of a lot of them. So thank you for sharing that. I really enjoy that. Well, that brings us to the end of this episode, and I hope it will help traders who are listening to gain some new perspectives and understand that making the transition to trade for a living, it's always a decision about being able to handle the uncertainty and the load and the pressure and do everything to like Casey said, increase your capacity and making sure that you don't put all your eggs in one basket. Right. Let go of the worry and focus on your effort instead of focusing on the result, focusing on the process, and not rushing into anything, but just being grateful for what you have right now. And if you have a job that is paying you your bills, don't try to quit it as soon as possible. Make sure that you have something instead or next to it so that you don't create unnecessary pressure and let this transition happen organically. An attitude of gratitude, I think, is really key here.Thank you for listening to the Confidence in Trading podcast. If you enjoy my show, please review it and rate it on the Apple podcast and be sure to subscribe so you can come back for a real-life conversation in the next episode. Until then, this is Agnieszka Wood from ahead. Coach. And don't forget, you too can realize your dreams without losing yourself and you're in the process. Contact Agnieszka Wood | Ahead Coach: Website: aheadcoach.comTwitter: @Ahead_CoachYouTube: @aheadcoachFacebook: Agnieszka WoodInstagram: ahead.coachLinkedIn: Agnieszka WoodYou can email me at launchyourlife@aheadcoach.com

Headline Mission Daily Report May 22, 2023 1. ราคาดัชนีตลาดหลักทรัพย์ / ราคาหุ้นต่างประเทศ / ราคาน้ำมันดิบ / ราคาทองคำ / ราคา Cryptocurrency 2. อัปเดตข่าวการเมืองพรรคร่วมรัฐบาลเตรียมเซ็น MOU วันนี้ 3. ก้าวไกลประสบความสำเร็จอย่างมากใน TikTok 4. “ก้าว Geek” ช่อง Discord จากพรรคก้าวไกล 5. NDID คืออะไร? 6. Mission to the Moon Forum 2023 พบกันในวันเสาร์ที่ 27 พฤษภาคมนี้ 7. ผู้ลงทุนเทขาย “หุ้น BEAUTY” 8. ‘TEN X' หลักสูตรเครือข่ายผู้บริหารด้านการเปลี่ยนแปลงเพื่อการเติบโตแบบก้าวกระโดด 9. สิ่งที่ต้องติดตามกับการเมืองไทยจะเป็นอย่างไรต่อไป

มุมที่คนไม่เคยรู้ ของ “เตนล์ WayV” เด็กไทยคนแรกที่ได้เดบิวต์ค่าย SM Entertainment ชีวิตเด็กฝึกของไอดอลเกาหลีและความฝันต่อไปในชีวิต

Ever wondered how to get the most out of your listings and become a better agent? Making yourself a better agent and improve your listings is easier than you think. In this episode, Rob & Greg touch on the different technologies and marketing strategies that agents can use to get an edge in sales. Tune in for why Rob believes great photography is the best way and why Greg thinks it's just putting lipstick on a pig and pricing is the best strategy. UPDATE 1-26-2023   A representative of Homes.com has reached out and said that the new version of their website has rolled out and been live for the last couple months.  Though there has been no industry wide notification and they have still yet to launch any of their much touted “listing enhancement” products.   The new site features include:   Completely new tech stack with noticed speed improvements Historical AVM chart with three models + average Deeper set of property characteristics from MLS,  New design,  IDX data via Ten-X in 460+ MLS markets (no more supplemental data via ListHub) New agent search with updated agent profiles (includes transaction history) New Homes Pro dashboard for agents on the back end (full integration with Homesnap Pro), and agent-client instant messaging for collaboration   Click here to check out last week's episode with Kevin for insight on how new construction impacts the housing market. Greg's Google Research on Redfin Listen to the Industry Relations Podcast across all podcast platforms! Listen to the podcast on Apple Listen to the podcast on Stitcher   Connect with Rob and Greg:  Rob's Website Greg's Website This podcast is produced by Two Brothers Creative 2023

“Tenants are struggling to achieve something that landlords have direct control over and that aligns with what landlords are struggling to do. Tenant submetering needs to be looked at and rethought."—Comly WilsonMy HighlightsComly's background (2:50)About Enertiv (6:35)2022 was about TenX and 2023 is all about OpX (18:21)How we create a concept of carbon on-site with our operational teams (28:31)How landlords align with tenants (31:08)ESG 2.0 playbook and what is needed moving forward (34:45)Carveouts (43:12)You can find Comly on LinkedIn.Watch on YouTube or read on the web.Get full access to Nexus.

Happy New Year and welcome to 2023! It's time to turn the page on 2022 and look for new real estate investing opportunities! And we have ATTOM's Rick Sharga to help us do that! He joins me in this interview to talk about his data-based opinions on what the real estate market might do this year. That includes specific markets that are more likely to outperform or underperform other markets, along with the strengths and weaknesses of different asset classes.   If you don't know Rick, you should. He has more than 20 years' of experience in the real estate and mortgage industries and is currently the Executive Vice President of Market Intelligence for real estate data firm, ATTOM Data. He is also one of the most frequently quoted experts on real estate, mortgage, and foreclosure trends by major media outlets.   Rick has also served as Executive Vice President at RealtyTrac, as an EVP for Carrington Mortgage Holdings and Chief Marketing Officer of the company's Vylla business unit, and as the Chief Marketing Officer of Ten-X and Auction.com. If you'd like to hear more about what happened in 2022, check out my 2022 year-end review with Rick Sharga.  We discuss the ups and downs of last year's market, and what we think is important for investors to know about 2023. Join RealWealth and enjoy all the benefits of membership at: https://tinyurl.com/joinrealwealth Subscribe to the Real Wealth Show podcast:  https://tinyurl.com/RWSsubscribe  Thanks for listening! Kathy Fettke

I had fun chatting with Aarthi and Sriram.We discuss what it takes to be successful in technology, what Sriram would say if Elon tapped him to be the next CEO of Twitter, why more married couples don't start businesses together, and how Aarthi hires and finds 10x engineers.Aarthi Ramamurthy and Sriram Krishnan are the hosts of The Good Times Show. They have had leading roles in several technology companies from Meta to Twitter to Netflix and have been founders and investors. Sriram is currently a general partner at a16z crypto and Aarthi is an angel investor.Watch on YouTube. Listen on Apple Podcasts, Spotify, or any other podcast platform. Timestamps(00:00:00) - Intro(00:01:19) - Married Couples Co-founding Businesses(00:09:53) - 10x Engineers(00:16:00) - 15 Minute Meetings(00:22:57) - a16z's Edge?(00:26:42) - Future of Twitter(00:30:58) - Is Big Tech Overstaffed?(00:38:37) - Next CEO of Twitter?(00:43:13) - Why Don't More Venture Capitalists Become Founders?(00:47:32) - Role of Boards(00:52:03) - Failing Upwards(00:56:00) - Underrated CEOs(01:02:18) - Founder Education(01:06:27) - What TV Show Would Sriram Make?(01:10:14) - Undervalued Founder ArchetypesTranscriptThis transcript was autogenerated and thus may contain errors.[00:00:00] Aarthi: it's refreshing to have Elon come in and say, we are gonna work really hard. We are gonna be really hardcore about how we build things.[00:00:05] Dwarkesh: Let's say Elon and says Tomorrow, Sriram, would you be down to be the [00:00:08] Sriram: CEO of Twitter Absolutely not. Absolutely not. But I am married to someone. We [00:00:12] Aarthi: used to do overnights at Microsoft. Like we'd just sleep under our desk,, until the janitor would just , poke us out of there , I really need to vacuum your cubicle. Like, get out of here. There's such joy in , Finding those moments where you work hard and you're feeling really good about it. [00:00:25] Sriram: You'd be amazed at how many times Aarthi and I would have a conversation where be, oh, this algorithm thing.I remember designing it, and now we are on the other side We want to invest in something , where we think the team and the company is going to win and if they do win, there's huge value to be unlocked. [00:00:40] Dwarkesh: Okay. Today I have the, uh, good pleasure to have Arty and Sriram on the podcast and I'm really excited about this.So you guys have your own show, the Arty Andre Good Time show. Um, you guys have had some of the top people in tech and entertainment on Elon Musk, mark Zuckerberg, Andrew Yang, and you guys are both former founders. Advisors, investors, uh, general partner at Anderson Horowitz, and you're an angel investor and an advisor now.Um, so yeah, there's so much to talk about. Um, obviously there's also the, uh, recent news about your, uh, your involvement on, uh, twitter.com. Yeah, yeah. Let's get started. [00:01:19] Married Couples Starting Businesses[00:01:19] Dwarkesh: My first question, you guys are married, of course. People talk about getting a co-founder as finding a spouse, and I'm curious why it's not the case that given this relationship why more married people don't form tech startups.Is, does that already happen, [00:01:35] Aarthi: or, um, I actually am now starting to see a fair bit of it. Uhhuh, . Um, I, I do agree that wasn't a norm before. Um, I think, uh, I, I think I remember asking, uh, pg p the same thing when I went through yc, and I think he kind of pointed to him and Jessica like, you know, YC was their startup , and so, you know, there were even pride.There are a lot of husband and wife, uh, companies. Over the last like decade or so. So I'm definitely seeing that more mainstream. But yeah, you're right, it hasn't been the norm before. Yeah, the, the good time show is our project. It's [00:02:09] Sriram: our startup. Very, I mean, there are some good historical examples. Cisco, for example, uh, came from, uh, uh, husband, wife as a few other examples.I think, you know, on, on the, in, on the pro side, uh, you know, being co-founders, uh, you need trust. You need to really know each other. Uh, you, you go through a lot of like heavy emotional burdens together. And there's probably, and if you, you're for the spouse, hopefully you probably have a lot of chemistry and understanding, and that should help.On the con side, I think one is you, you're prob you know, you, you're gonna show up at work, you know, and startups are really hard, really intense. And you come home and both of you are gonna the exact same wavelength, the exact same time, going through the exact same highs and lows as opposed to two people, two different jobs have maybe differing highs and lows.So that's really hard. Uh, the second part of it is, uh, in a lot of. Work situations, it may just be more challenging where people are like, well, like, you know, person X said this person Y said this, what do I do? Uh, and if you need to fire somebody or you know, something weird happens corporate in a corporate manner, that may also be really hard.Uh, but having said that, you know, uh, [00:03:13] Aarthi: you know, yeah, no, I think both of those are like kind of overblown , like, you know, I think the reason why, um, you know, you're generally, they say you need to have you, it's good to have co-founders is so that you can kind of like write the emotional wave in a complimentary fashion.Uh, and you know, if one person's like really depressed about something, the other person can like pull them out of it and have a more rational viewpoint. I feel like in marriages it works even better. So I feel like to your first point, They know each other really well. You're, you're, you are going to bring your work to home.There is no separation between work and home as far as a startup is concerned. So why not do it together? Oh, [00:03:51] Sriram: well, I think there's one problem, uh, which is, uh, we are kind of unique because we've been together for over 21 years now, and we start for, we've been before, uh, let's not. Wow. There's gonna be some fact checking 19 on this video.99. Close enough. Close enough, right? Like close enough. He wishes he was 21. Oh, right, right, right. Gosh, feels like 21. We have do some, um, [00:04:15] Aarthi: editing on this video. No, no, no. I think 20 years of virtually knowing, 19 years of in-person. [00:04:20] Sriram: There we go. Right. Uh, fact check accurate. Um, ex experts agree. But, um, you know, but when you first met, we, we originally, even before we dating, we were like, Hey, we wanna do a company together.And we bonded over technology, like our first conversation on Yahoo Messenger talking about all these founders and how we wanted to be like them. And we actually then worked together pretty briefly when you were in Microsoft. Uh, before we actually started dating. We were on these sort of talent teams and we kind of met each of the word context.I think a lot of. You know, one is they have never worked together. Um, and so being in work situations, everything from how you run a meeting to how you disagree, uh, you know, uh, is just going to be different. And I think that's gonna be a learning curve for a lot of couples who be like, Hey, it's one thing to have a strong, stable relationship at home.It'll be a different thing to, you know, be in a meeting and you're disagreeing art's meetings very differently from I do. She obsesses over metrics. I'm like, ah, it's close enough. It's fine. , uh, it's close enough. It's fine. as e uh, here already. But, uh, so I do think there's a learning curve, a couples who is like, oh, working together is different than, you know, raising your family and being together.I mean, obviously gives you a strong foundation, but it's not the same thing. Have you guys [00:05:25] Dwarkesh: considered starting a company or a venture together at some point? [00:05:28] Aarthi: Yeah. Um, we've, uh, we've always wanted to do a project together. I don't know if it's a, a startup or a company or a venture. You have done a project together,Yeah, exactly. I think, uh, almost to today. Two years ago we started the Good Time Show, um, and we started at, uh, live Audio on Clubhouse. And, you know, we recently moved it onto video on YouTube. And, um, it's, it's been really fun because now I get to see like, it, it's neither of our full-time jobs, uh, but we spend enough, um, just cycles thinking through what we wanna do with it and what, uh, how to have good conversations and how to make it useful for our audience.So that's our [00:06:06] Sriram: project together. Yep. And we treat it like a, with the intellectual heft of a startup, which is, uh, we look at the metrics, uh, and we are like, oh, this is a good week. The metrics are up into the right and, you know, how do we, you know, what is working for our audience? You know, what do we do to get great guests?What do we do to [00:06:21] Aarthi: get, yeah, we just did our first, uh, in-person meetup, uh, for listeners of the podcast in Chennai. It was great. We had like over a hundred people who showed up. And it was also like, you know, typical startup style, like meet your customers and we could like go talk to these people in person and figure out like what do they like about it?Which episodes do they really enjoy? And it's one thing to see YouTube comments, it's another to like actually in person engage with people. So I think, you know, we started it purely accidentally. We didn't really expect it to be like the show that we are, we are in right now, but we really happy. It's, it's kind of turned out the way it has.[00:06:59] Sriram: Absolutely. And, and it also kind of helps me scratch an edge, which is, uh, you know, building something, you know, keeps you close to the ground. So being able to actually do the thing yourself as opposed to maybe tell someone else, telling you how to do the, so for example, it, it being video editing or audio or how thumbnails, thumbnails or, uh, just the mechanics of, you know, uh, how to build anything.So, uh, I, I dot think it's important. Roll up your sleeves metaphorically and get your hands dirty and know things. And this really helped us understand the world of creators and content. Uh, and it's fun and [00:07:31] Aarthi: go talk to other creators. Uh, like I think when we started out this thing on YouTube, I think I remember Shram just reached out to like so many creators being like, I wanna understand how it works for you.Like, what do you do? And these are people who like, who are so accomplished, who are so successful, and they do this for a living. And we clearly don. And so, uh, just to go learn from these experts. It's, it's kind of nice, like to be a student again and to just learn, uh, a new industry all over again and figure out how to actually be a creator on this platform.Well, you know [00:08:01] Dwarkesh: what's really interesting is both of you have been, uh, executives and led product in social media companies. Yeah. And so you are, you designed the products, these creators, their music, and now on the other end, you guys are building [00:08:12] Sriram: the, oh, I have a great phrase for it, right? Like, somebody, every once in a while somebody would be like, Hey, you know what, uh, you folks are on the leadership team of some of these companies.Why don't you have hundreds of millions of followers? Right? And I would go, Hey, look, it's not like every economist is a billionaire, , uh, uh, you know, it doesn't work that way. Uh, but during that is a parallel, which, which is, uh, you'd be amazed at how many times Aarthi and I would have a conversation where be, oh, this algorithm thing.I remember designing it, or I was in the meeting when this thing happened, and now we are on the other side, which is like, Hey, you might be the economist who told somebody to implement a fiscal policy. And now we are like, oh, okay, how do I actually go do this and create values and how? Anyway, how do we do exactly.Create an audience and go build something interesting. So there is definitely some irony to it, uh, where, uh, but I think hopefully it does give us some level of insight where, uh, we have seen, you know, enough of like what actually works on social media, which is how do you build a connection with your audience?Uh, how do you build, uh, content? How do you actually do it on a regular, uh, teams? I think [00:09:07] Aarthi: the biggest difference is we don't see the algorithm as a bra, as a black box. I think we kind of see it as like when the, with the metrics, we are able to, one, have empathy for the teams building this. And two, I think, uh, we kind of know there's no big magic bullet.Like I think a lot of this is about showing up, being really consistent, um, you know, being able to like put out some really interesting content that people actually want to, and you know, I think a lot of people forget about that part of it and kind of focus. If you did this one thing, your distribution goes up a lot and here's this like, other like secret hack and you know Sure.Like those are like really short term stuff, but really in the long term, the magic is to just like keep at it. Yeah. And, uh, put out really, really good content. [00:09:48] Sriram: Yeah. Yeah. And yeah, absolutely. Yeah. Yeah. Um, that's good to hear. . [00:09:53] 10x Engineers[00:09:53] Dwarkesh: Um, so you've both, um, led teams that have, you know, dozens or even hundreds of people.Um, how easy is it for you to tell who the 10 X engineers are? Is it something that you as managers and executives can tell easily or [00:10:06] Sriram: no? Uh, absolutely. I think you can tell this very easily or repeat of time and it doesn't, I think a couple of ways. One is, uh, Uh, before, let's say before you work with someone, um, 10 x people just don't suddenly start becoming 10 x.They usually have a history of becoming 10 x, uh, of, you know, being really good at what they do. And you can, you know, the cliche line is you can sort of connect the dots. Uh, you start seeing achievements pile up and achievements could be anything. It could be a bunch of projects. It could be a bunch of GitHub code commits.It could be some amazing writing on ck, but whatever it is, like somebody just doesn't show up and become a 10 x person, they probably have a track record of already doing it. The second part of it is, I've seen this is multiple people, uh, who are not named so that they don't get hired from the companies actually want them to be in, or I can then hire them in the future is, uh, you know, they will make incredibly rapid progress very quickly.So, uh, I have a couple of examples and almost independently, I know it's independently, so I have a couple of. Um, and I actually, and name both, right? Like, so one is, uh, this guy named, uh, Vijay Raji, uh, who, uh, was probably one of Facebook's best engineers. He's now the CEO of a company called Stats. And, um, he was probably my first exposure to the real TenX engineer.And I remembered this because, uh, you know, at the time I was. Kind of in my twenties, I had just joined Facebook. I was working on ads, and he basically built a large part of Facebook's ad system over the weekend. And what he would do is he would just go, and then he con he [00:11:24] Aarthi: continued to do that with Facebook marketplace.Yeah. Like he's done this like over and over and over [00:11:28] Sriram: again. . Yeah. And, and it's not that, you know, there's one burst of genius. It's just this consistent stream of every day that's a code checkin stuff is working. New demo somebody, he sent out a new bill or something working. And so before like a week or two, you just like a, you know, you running against Usain Bolt and he's kind of running laps around you.He's so far ahead of everyone else and you're like, oh, this guy is definitely ahead. Uh, the second story I have is, uh, of, uh, John Carmack, uh, you know, who's legend and I never worked with him in, uh, directly with, you know, hopefully someday I can fix. But, uh, somebody told me a story about him. Which is, uh, that the person told me story was like, I never thought a individual could replace the output of a hundred percent team until I saw John.And there's a great story where, um, you know, and so John was the most senior level at Facebook and from a hr, you know, employment insecurity perspective for an individual contributor, and it at, at that level, at Facebook, uh, for folks who kind of work in these big tech companies, it is the most, the highest tier of accomplishment in getting a year in a performance review is something called xcs Expectations, or, sorry, redefines, right?Which basically means like, you have redefined what it means for somebody to perform in this level, right? Like, it's like somebody, you know, like somebody on a four minute mile, I'll be running a two minute mile or whatever, right? You're like, oh, and, and it is incredibly hard sometimes. You doing, and this guy John gets it three years in a row, right?And so there's this leadership team of all the, you know, the really most important people on Facebook. And they're like, well, we should really promote John, right? Like, because he's done this three years in a row, he's changing the industry. Three years in a row and then they realized, oh wait, there is no level to promote him to Nick be CEOWell, maybe I don't think he wanted to. And so, uh, the story I heard, and I dunno, it's true, but I like to believe it's true, is they invented a level which still now only John Carmack has gotten. Right. And, um, and I think, you know, it's his level of productivity, uh, his, uh, intellect, uh, and the consistency over time and mu and you know, if you talk to anybody, Facebook work with him, he's like, oh, he replaced hundred people, teams all by themselves and maybe was better than a hundred percent team just because he had a consistency of vision, clarity, and activity.So those are [00:13:32] Aarthi: the two stories I've also noticed. I think, uh, actually sheam, I think our first kind of exposure to 10 x engineer was actually Barry born, uh, from Microsoft. So Barry, um, uh, basically wrote pretty much all the emulation engines and emulation systems that we all use, uh, and uh, just prolific, uh, and I think in addition to what Fred had said with like qualities and tenets, Um, the, I've generally seen these folks to also be like low ego and kind of almost have this like responsibility to, um, mentor coach other people.Uh, and Barry kind of like took us under his wing and he would do these like Tuesday lunches with us, where we would just ask like, you know, we were like fresh out of college and we just ask these like really dumb questions on, you know, um, scaling things and how do you build stuff. And I was working on, uh, run times and loaders and compilers and stuff.And so he would just take the time to just answer our questions and just be there and be really like, nice about it. I remember when you moved to Redmond, he would just like spend a weekend just like, oh yeah. Driving you about and just doing things like that, but very low ego and within their teams and their art, they're just considered to be legends.Yes. Like, you know, everybody would be like, oh, Barry Bond. Yeah, of course. [00:14:47] Sriram: Yeah. It, I can't emphasize enough the consistency part of it. Um, you know, with Barry. Or I gotta briefly work with Dave Cutler, who's kind of the father of modern operating systems, uh, is every day you're on this email li list at the time, which would show you check-ins as they happen.They would have something every single day, um, every day, and it'll be tangible and meaty and you know, and you just get a sense that this person is not the same as everybody else. Um, by the, this couple of people I can actually point to who haven't worked with, uh, but I follow on YouTube or streaming. Uh, one is, uh, Andrea Ling who builds Serenity Os we had a great episode with him.Oh, the other is George Hart's, uh, geo Hart. And I urge people, if you haven't, I haven't worked with either of them, uh, but if I urge which to kinda watch their streams, right? Because, uh, you go like, well, how does the anti killing build a web browser on an operating system? Which he builds by himself in such a sharp period of time and he watches stream and he's not doing some magical new, you know, bit flipping sorting algorithm anybody has, nobody has seen before.He's just doing everything you would do, but. Five bits of speed. I, yep, exactly. [00:15:48] Dwarkesh: I I'm a big fan of the George Hot Streams and Yeah, that's exactly what, you know, it's like yeah, you, he's also curling requests and he is also, you know, you know, spinning up an experiment in a Jupyter Notebook, but yeah, just doing it [00:15:58] Aarthi: away way faster, way efficiently.Yeah. [00:16:00] 15 Minute Meetings[00:16:00] Dwarkesh: Yeah. That's really interesting. Um, so ar Arthur, I'm, you've gone through Y Combinator and famously they have that 15 minute interview Yes. Where they try to grok what your business is and what your potential is. Yeah, yeah. But just generally, it seems like in Silicon Valley you guys have, make a lot of decisions in terms of investing or other kinds of things.You, in very short calls, you know. Yeah. . Yeah. And how much can you really, what is it that you're learning in these 15 minute calls when you're deciding, should I invest in this person? What is their potential? What is happening in that 15 minutes? [00:16:31] Aarthi: Um, I can speak about YC from the other side, from like, uh, being a founder pitching, right.I think, yes, there is a 15 minute interview, but before that, there is a whole YC application process. And, uh, I think even for the, for YC as, uh, this bunch of the set of investors, I'm sure they're looking for specific signals, but for me as a founder, the application process was so useful, um, because it really makes you think about what you're building.Why are you building this? Are you the right person to be building this? Who are the other people you should be hiring? And so, I mean, there are like few questions or like, one of my favorite questions is, um, how have you hacked a non-computer system to your advantage? Yeah. . And it kind of really makes you think about, huh, and you kind of noticed that many good founders have that pattern of like hacking other systems to their advantage.Um, and so to me, I think more than the interview itself, the process of like filling out the application form, doing that little video, all of that gives you better, um, it gives you the, the entire scope of your company in your head because it's really hard when you have this idea and you're kind of like noodling about with it and talking to a few people.You don't really know if this is a thing. To just like crystallize the whole vision in your head. I think, uh, that's on point. Yes. Um, the 15 minute interview for me, honestly, it was like kind of controversial because, uh, I went in that morning, I did the whole, you know, I, I had basically stayed at the previous night, uh, building out this website and, uh, that morning I showed up and I had my laptop open.I'm like really eager to like tell them what you're building and I keep getting cut off and I realize much later that that's kind of my design. Yeah. And you just like cut off all the time. Be like, why would anybody use this? And you start to answer and be like, oh, but I, I don't agree with that. And there's just like, and it, it's like part of it is like, makes you upset, but part of it is also like, it makes you think how to compress all that information in a really short amount of time and tell them.Um, and so that interview happens, I feel really bummed out because I kind of had this website I wanted to show them. So while walking out the door, I remember just showing Gary, Dan, um, the website and he like kind of like. Scrolls it a little bit, and he is like, this is really beautifully done. And I was like, thank you.I've been wanting to show you this for 15 minutes. Um, and I, I mentioned it to Gary recently and he laughed about it. And then, uh, I didn't get selected in that timeframe. They gave me a call and they said, come back again in the evening and we are going to do round two because we are not sure. Yeah. And so the second interview there was PG and Jessica and they both were sitting there and they were just grueling me.It was a slightly longer interview and PG was like, I don't think this is gonna work. And I'm like, how can you say that? I think this market's really big. And I'm just like getting really upset because I've been waiting this whole day to like get to this point. And he's just being like cynical and negative.And then at some point he starts smiling at Jessica and I'm like, oh, okay. They're just like baiting me to figure it out. And so that was my process. And I, by the evening, I remember Shera was working at. I remember driving down from Mountain View to Facebook and Sheam took me to the Sweet Stop. Oh yeah.Which is like their, you know, Facebook has this like, fancy, uh, sweet store, like the ice cream store. I [00:19:37] Sriram: think they had a lot more perks over the years, but that was very fancy back then. [00:19:40] Aarthi: So I had like two scoops of ice cream in each hand in, and, uh, the phone rang and I was like, oh, hold onto this. And I grabbed it and I, and you know, I think it was Michael Sibu or I don't know who, but somebody called me and said, you're through.So that was kind of my process. So even though there was only 15 minutes, mine was actually much longer after. But even before the, the application process was like much more detailed. So it sounds [00:20:01] Dwarkesh: like the 15 minutes it's really there. Like, can they rattle you? Can they, can they [00:20:06] Aarthi: you and how do you react?Yeah, yeah, yeah. Um, I also think they look for how sex you can be in explaining what the problem is. They do talk to hundreds of companies. It is a lot. And so I think, can you compress a lot of it and convince, if you can convince these folks here in three months or four months time, how are you going to do demo day and convince a whole room full of investors?[00:20:27] Sriram: Yeah. Yeah. For, I think it's a bit different for us, uh, on the VC side, uh, because two things. One, number one is, uh, the day, you know, so much of it is having a prepared mind before you go into the meeting. And, for example, if you're meeting a. very early. Are we investing before having met every single other person who's working in this space, who has ideas in the space.So you generally know what's going on, you know, what the kind of technologies are or go to market approaches are. You've probably done a bunch of homework already. It's usually, uh, it does happen where you meet somebody totally cold and uh, you really want to invest, but most often you've probably done some homework at least in this space, if not the actual company.Um, and so when you're in the meeting, I think you're trying to judge a couple of things. And these are obviously kind of stolen from Christ Dixon and others. Um, one is their ability to kind of go walk you through their idea, ma. And so very simply, um, you know, the idea MAs is, uh, and I think say the biology of Christen came with this, the idea that, hey, um, uh, How you got to the idea for your company really matters because you went and explored all the data ends, all the possibilities.You're managing around for years and years, and you've kind of come to the actual solution. And the way you can tell whether somebody's gone through the idea Mac, is when you ask 'em questions and they tell you about like five different things they've tried, did not work. And it, it's really hard to fake it.I mean, we, you maybe fake it for like one or two questions, but if you talk about like how we tried X, Y, and Z and they have like an opinion what of the opinions, if they've thought about it, you're like, okay, this person really studied the idea, ma. And that's very powerful. Uh, the second part of it is, uh, you know, Alex sample.Uh, uh, one of my partner says this, Yes, some this thing called the Manifestation Framework, which sounds like a self-help book on Amazon, but it's not, uh, uh uh, you know, but what if is, is like, you know, so many, so much of early stage startup founders is about the ability to manifest things. Uh, manifest capital, manifest the first hire, uh, manifest, uh, the first BD partnership.And, um, usually, you know, if you can't, if you don't have a Cigna sign of doing that, it's really hard to then after raising money, go and close this amazing hotshot engineer or salesperson or close this big partnership. And so in the meeting, right? If you can't convince us, right? And these are people, our day job is to give you money, right?Like, if I spent a year without giving anybody money, I'll probably get fired. If you can't, uh, if you can't convince us to give you money, right? If you wanna find probably a hard time to close this amazing engineer and get that person to come over from Facebook or close this amazing partnership against a competitor.And so that's kind of a judge of that. So it is never about the actual 60 Minutes where you're like, we, we are making up of a large part of makeup of mind is. That one or two conversations, but there's so much which goes in before and after that. Yeah, yeah. Speaking of [00:22:57] What is a16z's edge?[00:22:57] Dwarkesh: venture capital, um, I, I'm curious, so interest and Horowitz, and I guess why Combinator too?Um, but I mean, any other person who's investing in startups, they were started at a time when there were much less capital in the space, and today of course, there's been so much more capital pour into space. So how do these firms, like how does A 16 C continue to have edge? What is this edge? How can I sustain it [00:23:20] Sriram: given the fact that so much more capital is entered into the space?We show up on podcasts like the Lunar Society, , and so if you are watching this and you have a startup idea, Uh, come to us, right? Uh, no. Come, come to the Lunar society. . Well, yes. I mean, maybe so Trust me, you go in pat, you're gonna have a find, uh, a Thk pat right there. Uh, actually I, you think I joked, but there's a bit of truth.But no, I've had [00:23:40] Dwarkesh: like lu this [00:23:40] Aarthi: suddenly became very different [00:23:43] Sriram: conversation. I have had people, this is a totally ludicrous [00:23:46] Dwarkesh: idea, but I've had people like, give me that idea. And it's like, it sounds crazy to me because like, I don't know what, it's, what a company's gonna be successful, right? So, but I hasn't [00:23:55] Aarthi: become an investor.[00:23:57] Sriram: I honestly don't know. But it is something like what you're talking about Lu Society Fund one coming up, right? You heard it here first? Uh, uh, well, I think first of all, you know, I think there's something about the firm, uh, um, in terms of how it's set up philosophically and how it's set up, uh, kind of organizationally, uh, and our approach philosoph.The firm is an optimist, uh, uh, more than anything else. At the core of it, we are optimist. We are optimist about the future. We are optimist about the impact of founders on their, on the liberty to kind of impact that future. Uh, we are optimist at heart, right? Like I, I tell people like, you can't work at a six and z if you're not an optimist.That's at the heart of everything that we do. Um, and very tied to that is the idea that, you know, um, software is eating the world. It is, it's true. 10 years ago when Mark wrote that, peace is as true now, and we just see more and more of it, right? Like every week, you know, look at the week we are recording this.You know, everyone's been talking about chat, G p T, and like all the industries that can get shaped by chat, G P T. So our, our feature, our, our idea is that software is gonna go more and more. So, one way to look at this is, yes, a lot more capitalists enter the world, but there should be a lot more, right?Like, because these companies are gonna go bigger. They're gonna have bigger impacts on, uh, human lives and, and the world at large. So that's, uh, you know, uh, one school of thought, the other school of thought, uh, which I think you were asking about, say valuations, uh, et cetera. Is, uh, you know, um, again, one of my other partners, Jeff Jordan, uh, uh, always likes to tell people like, we don't go discount shopping, right?Our, the way we think about it is we want to, when we're investing in a market, We want to really map out the market, right? Uh, so for example, I work on crypto, uh, and, uh, you know, we, you know, if, if you are building something interesting in crypto and we haven't seen you, we haven't talked to you, that's a fail, that's a mess, right?We ideally want to see every single interesting founder company idea. And a category can be very loose. Crypto is really big. We usually segmented something else. Or if you look at enterprise infrastructure, you can take them into like, you know, AI or different layers and so on. But once you map out a category, you want to know everything.You wanna know every interesting person, every interesting founder you wanna be abreast of every technology change, every go to market hack, every single thing. You wanna know everything, right? And then, uh, the idea is that, uh, we would love to invest in, you know, the what is hopefully becomes the market.Set category, uh, or you know, somebody who's maybe close to the, the market leader. And our belief is that these categories will grow and, you know, they will capture huge value. Um, and as a whole, software is still can used to be undervalued by, uh, a, you know, the world. So, um, we, so, which is why, again, going back to what Jeff would say, he's like, we are not in the business of oh, we are getting a great deal, right?We, we are like, we want to invest in something which, where we think the team and the company and their approach is going to win in this space, and we want to help them win. And we think if they do win, there's a huge value to be unlocked. Yeah, I see. I see. Um, [00:26:42] Future of Twitter[00:26:42] Dwarkesh: let's talk about Twitter. [00:26:44] Sriram: Uh, . I need a drink. I need a drink.[00:26:48] Dwarkesh: um, Tell me, what is the future of Twitter? What is the app gonna look like in five years? You've, um, I mean obviously you've been involved with the Musk Venture recently, but, um, you've, you've had a senior position there. You were an executive there before a few years ago, and you've also been an executive at, uh, you've both been at Meta.So what [00:27:06] Sriram: is the future of Twitter? It's gonna be entertaining. Uh, uh, what is it El say the most entertaining outcome is the most, [00:27:12] Aarthi: uh, uh, like, best outcome is the most, uh, most likely outcome is the most entertaining outcome. [00:27:16] Sriram: Exactly right. So I think it's gonna be the most entertaining outcome. Um, I, I mean, I, I, I think a few things, uh, first of all, uh, ideally care about Twitter.Yeah. Uh, and all of my involvement, uh, you know, over the years, uh, uh, professionally, you know, uh, has, it's kind of. A lagging indicator to the value I got from the service person. I have met hundreds of people, uh, through Twitter. Uh, hundreds of people have reached out to me. Thousands. Exactly. Uh, and you know, I met Mark Andresen through Twitter.Uh, I met like, you know, uh, people are not very good friends of mine. We met through Twitter. We met at Twitter, right. There we go. Right. Uh, just [00:27:50] Aarthi: like incredible outsized impact. Yeah. Um, and I think it's really hard to understate that because, uh, right now it's kind of easy to get lost in the whole, you know, Elon, the previous management bio, like all of that.Outside of all of that, I think the thing I like to care about is, uh, focus on is the product and the product experience. And I think even with the product experience that we have today, which hasn't like, dramatically changed from for years now, um, it's still offering such outsized value for. If you can actually innovate and build really good product on top, I think it can, it can just be really, really good for humanity overall.And I don't even mean this in like a cheesy way. I really think Twitter as a tool could be just really, really effective and enormously good for everyone. Oh yeah. [00:28:35] Sriram: Twitter is I think, sort of methodically upstream of everything that happens in culture in uh, so many different ways. Like, um, you know, there was this, okay, I kinda eli some of the details, uh, but like a few years ago I remember there was this, uh, sort of this somewhat salacious, controversial story which happened in entertainment and uh, and I wasn't paying attention to, except that something caught my eye, which was that, uh, every story had the same two tweets.And these are not tweets from any famous person. It was just some, like, some, um, you know, somebody had some followers, but not a lot of, a lot of followers. And I. Why is this being quoted in every single story? Because it's not from the, you know, the person who was actually in the story or themselves. And it turned out that, uh, what had happened was, uh, you know, somebody wrote in the street, it had gone viral, um, it started trending on Twitter, um, and a bunch of people saw it.They started writing news stories about it. And by that afternoon it was now, you know, gone from a meme to now reality. And like in a lot of people entertainment say, kind of go respond to that. And I've seen this again and again, again, right? Uh, sports, politics, culture, et cetera. So Twitter is memetically upstream of so much of life.Uh, you know, one of my friends had said like, Twitter is more important than the real world. Uh, which I don't, I don't know about that, but, uh, you know, I do think it's, um, it has huge sort of, uh, culture shaping value. Yeah. I thing I think about Twitter is so much of. The network is very Lindy. So one of the things I'm sure from now is like five years from now, you know, what does that mean?Well that, uh, is that something which has kind of stood the test of time to some extent? And, um, and, uh, well the Lindy effect generally means, I don't think it's using this context with ideas like things which, with withstood the test of time tend to also with some test of time in the future, right? Like, like if we talked to Naim is like, well, people have lifting heavy weights and doing red wine for 2000 years, so let's continue doing that.It's probably a good thing. Um, but, but, but that's Twitter today. What is the future of Twitter? Well, uh, well, I think so one is, I think that's gonna continue to be true, right? 10 years from now, five years from now, it's still gonna be the metic battleground. It's still gonna be the place where ideas are shared, et cetera.Um, you know, I'm very. Unabashedly a a big fan of what Elon, uh, as a person, as a founder and what he's doing at Twitter. And my hope is that, you know, he can kind of canoe that and, you know, he's, you know, and I can't actually predict what he's gonna go Bill, he's kind of talked about it. Maybe that means bringing in other product ideas.Uh, I think he's talked about payments. He's talked about like having like longer form video. Uh, who knows, right? But I do know, like five years from now, it is still gonna be the place of like active conversation where people fight, yell, discuss, and maybe sometimes altogether. Yeah. Yeah. Uh, the Twitter, [00:30:58] Is Big Tech Overstaffed?[00:30:58] Dwarkesh: um, conversation has raised a lot of, a lot of questions about how over or understaffed, uh, these big tech companies are, and in particular, um, how many people you can get rid of and the thing basically functions or how fragile are these code bases?And having worked at many of these big tech companies, how, how big is the bus factor, would you guess? Like what, what percentage of people could I fire at the random big tech [00:31:22] Sriram: company? Why? I think, uh, [00:31:23] Aarthi: yeah, I think. That's one way to look at it. I think the way I see it is there are a few factors that go into this, right?Like pre covid, post covid, like through covid everybody became remote, remote teams. As you scaled, it was kind of also hard to figure out what was really going on in different parts of the organization. And I think a lot of inefficiencies were overcome by just hiring more people. It's like, oh, you know what, like that team, yeah, that project's like lagging, let's just like add 10 more people.And that's kind of like it became the norm. Yeah. And I think a lot of these teams just got bigger and bigger and bigger. I think the other part of it was also, um, you lot of how performance ratings and culture of like, moving ahead in your career path. And a lot of these companies were dependent on how big your team was and uh, and so every six months or year long cycle or whatever is your performance review cycle, people would be like, this person instead of looking at what has this person shipped or what has like the impact that this person's got had, uh, the team's done.It became more of like, well this person's got a hundred percent arc or 200% arc and next year they're gonna have a 10% increase and that's gonna be like this much. And you know, that was the conversation. And so a lot of the success and promo cycles and all of those conversations were tied around like number of headcount that this person would get under them as such, which I think is like a terrible way to think about how you're moving up the ladder.Um, you should really, like, even at a big company, you should really be thinking about the impact that you've had and customers you've reached and all of that stuff. And I think at some point people kind of like lost that, uh, and pick the more simpler metric, which just headcount and it's easy. Yeah. And to just scale that kind of thing.So I think now with Elon doing this where he is like cutting costs, and I think Elon's doing this for different set of reasons. You know, Twitter's been losing money and I think it's like driving efficiency. Like this is like no different. Anybody else who like comes in, takes over a business and looks at it and says, wait, we are losing money every day.We have to do something about this. Like, it's not about like, you know, cutting fat for the sake of it or anything. It's like this, this business is not gonna be viable if we keep it going the way it is. Yeah. And just pure economics. And so when he came in and did that, I'm now seeing this, and I'm sure Sheam is too at like at eight 16 Z and like his companies, uh, but even outside, and I see this with like my angel investment portfolio of companies, um, and just founders I talk to where people are like, wait, Elon can do that with Twitter.I really need to do that with my company. And it's given them the permission to be more aggressive and to kind of get back into the basics of why are we building what we are building? These are our customers, this is our revenue. Why do we have these many employees? What do they all do? And not from a place of like being cynical, but from a place of.I want people to be efficient in doing what they do and how do we [00:34:06] Sriram: make that happen? Yeah. I, I stole this, I think somebody said this on Twitter and I officially, he said, Elon has shifted the overturn window of, uh, the playbook for running a company. Um, which is, I think if you look at Twitter, uh, you know, and by the way, I would say, you know, you know the sort of, the warning that shows up, which is don't try this at home before, which is like, so don't try some of these unless you're er and maybe try your own version of these.But, you know, number one is the idea that you, you can become better not through growth, but by cutting things. You can become better, by demanding more out of yourself and the people who work for you. Uh, you, you can become better by hiring a, you know, a higher bar, sitting a higher bar for the talent that you bring into the company and, uh, that you reach into the company.I think at the heart of it, by the way, uh, you know, it's one of the things I've kinda observed from Elon. His relentless focus on substance, which is every condition is gonna be like, you know, the, the meme about what have you gotten done this week is, it kinda makes sense to everything else, which is like, okay, what are we building?What is the thing? Who's the actual person doing the work? As opposed to the some manager two levels a about aggregating, you know, the reports and then telling you what's being done. There is a relentless focus on substance. And my theory is, by the way, I think maybe some of it comes from Iran's background in, uh, space and Tesla, where at the end of the day, you are bound by the physics of the real world, right?If you get something wrong, right, you can, the rockets won't take off or won't land. That'd be a kalo, right? Like what, what's a, the phrase that they use, uh, rapid unplanned disassembly is the word. Right? Which is like better than saying it went kaboom. Uh, but, you know, so the constraints are if, if, you know, if you get something wrong at a social media company, people can tell if you get something really wrong at space with the Tesla.People can tap, right? Like very dramatically so and so, and I think, so there was a relentless focus on substance, right? Uh, being correct, um, you know, what is actually being done. And I think that's external Twitter too. And I think a lot of other founders I've talked to, uh, uh, in, sometimes in private, I look at this and go, oh, there is no different playbook that they have always I instituted or they were used to when they were growing up.We saw this when we were growing up. They're definitely seen some other cultures around the world where we can now actually do this because we've seen somebody else do this. And they don't have to do the exact same thing, you know, Elon is doing. Uh, they don't have to, uh, but they can do their variations of demanding more of themselves, demanding more of the people that work for them.Um, focusing on substance, focusing on speed. Uh, I think our all core element. [00:36:24] Aarthi: I also think over the last few years, uh, this may be controversial, I don't know why it is, but it somehow is that you can no longer talk about hard work as like a recipe for success. And you know, like growing up for us. When people say that, or like our parents say that, we just like kind of roll our eyes and be like, yeah, sure.Like, we work hard, like we get it. Yeah. But I think over the last couple of years, it just became not cool to say that if you work hard, then you can, there is a shot at like finding success. And I think it's kind of refreshing almost, uh, to have Elon come in and say, we are gonna work really hard. We are gonna be really hardcore about how we build things.And it's, it's very simple. Like you have to put in the hours. There is no kind of shortcut to it. And I think it's, it's nice to bring it all tight, all back to the basics. And, uh, I like that, like, I like the fact that we are now talking about it again and it's, it's sad that now talking about working really hard or having beds in your office, we used to do that at MicrosoftYeah. Uh, is now like suddenly really controversial. And so, um, I'm, I'm all for this. Like, you know, it's not for everyone, but if you are that type of person who really enjoys working hard, really enjoys shipping things and building really good things, Then I think you might find a fit in this culture. And I think that's a good thing.Yeah. I, [00:37:39] Sriram: I think there's nothing remarkable that has been built without people just working really hard. It doesn't happen for years and years, but I think for strong, some short-term burst of some really passionate, motivated, smart people working some really, you know, and hard doesn't mean time. It can mean so many different dimensions, but I don't think anything great gets built without that.So, uh, yeah, it's interesting. We [00:37:59] Aarthi: used to like do overnights at Microsoft. Like we'd just like sleep under our desk, um, until the janitor would just like, poke us out of there like, I really need to vacuum your cubicle. Like, get out of here. And so we would just like find another bed or something and just like, go crash on some couch.But it was, those were like some of our fun days, like, and we look back at it and you're like, we sh we built a lot. I think at some point sh I think when I walked over to his cubicle, he was like looking at Windows Source code and we're like, we are looking at Windows source code. This is the best thing ever.I think, I think there's such joy in like, Finding those moments where you like work hard and you're feeling really good about it. [00:38:36] Sriram: Yeah, yeah, yeah. Um, so you [00:38:37] Next CEO of Twitter?[00:38:37] Dwarkesh: get working hard and bringing talent into the company, uh, let's say Elon and says Tomorrow, you know what, uh, Riam, I'm, uh, I've got these other three companies that I've gotta run and I need some help running this company.And he says, Sriram would you be down to be the next, [00:38:51] Sriram: uh, next CEO of Twitter Absolutely not. Absolutely not. But I am married to someone. No, uh uh, no, uh uh, you know, you know when, uh, I don't think I was, the answer is absolutely not. And you know this exactly. Fun story. Um, uh, I don't think it says in public before. So when you, when I was in the process, you know, talking to and nor words and, you know, it's, it's not like a, uh, it's not like a very linear process.It's kind of a relationship that kind of develops over time. And I met Mark Andreen, uh, multiple times over the years. They've been having this discussion of like, Hey, do you want to come do venture or do you want to, if you wanna do venture, do you wanna come do with us? And um, and, and one of the things Mark would always tell me is, uh, something like, we would love to have you, but you have to scratch the edge of being an operator first.Um, because there are a lot of, there are a lot of ways VCs fail, uh, operator at VCs fail. Um, and I can get, get into some of them if you're interested, but one of the common ways that they fail is they're like, oh, I really want to go back to, um, building companies. And, uh, and now thing is like antis more than most interest, like really respects entrepreneurship, fraud's the hard of what we do.But he will, like, you have to get that out of a system. You have to be like, okay, I'm done with that word. I want to now do this. Uh, before you know, uh, you want to come over, right? And if you say so, let's have this conversation, but if not, we will wait for you. Right. And a woman telling me this all the time, and at some point of time I decided, uh, that, uh, you know, I just love this modoc.Um, you know, there are many things kind of different about being an operator versus a BC uh, and you kind of actually kind of really train myself in what is actually a new profession. But one of the things is like, you know, you kind of have to be more of a coach and more open to like, working with very different kinds of people without having direct agency.And it's always a very different mode of operation, right? And you have to be like, well, I'm not the person doing the thing. I'm not the person getting the glory. I'm here to fund, obviously, but really help support coach be, uh, a lending hand, be a supporting shoulder, whatever the, uh, the metaphor is, or for somebody else doing the thing.And so you kind of have to have the shift in your brain. And I think sometimes when VCs don't work out, the few operator on VCs don't work out. There are few reasons. Uh, number one reason I would say is when an operator, and I, I hate the word operator by the way, right? It just means you have a regular job.Uh, you know, uh, and, uh, but the number one reason is like when you have a regular job, you know, you're an engineer, you're, you're a product manager, you're a marketer, whatever. , you get feedback every single day about how you're doing. If you're an engineer, you're checking in code or you know your manager, you hire a great person, whatever it is.When you're at Visa, you're not getting direct feedback, right? You know, maybe today what I'm doing now, recording this with you is the best thing ever because some amazing fund is gonna meet it and they're gonna come talk to me, or maybe it's a total waste of time and I should be talking some else. You do have no way of knowing.So you really have to think very differently about how you think about patients, how we think about spending your time, and you don't get the dopamine of like, oh, I'm getting this great reinforcement loop. Um, the second part of it is because of that lack of feedback loop, you often don't know how well you're doing.Also, you don't have that fantastic product demo or you're like, you know, if an engineer like, oh, I got this thing working, the builder is working, it's 10 x faster, or this thing actually works, whatever the thing is, you don't get that feedback loop, uh, because that next great company that, you know, the next Larry and Sergey or Brian Armstrong might walk in through your door or Zoom meeting tomorrow or maybe two years from now.So you don't really have a way to know. Um, so you kind of have to be, you have a focus on different ways to do, uh, get. Kind of figured out how well you're doing. The third part of it is, uh, you know, the, uh, the feedback loops are so long where, uh, you know, you, you can't test it. When I was a product manager, you would ship things, something you, if you don't like it, you kill it, you ship something else.At, at our firm in, you invest in somebody, you're working with them for a decade, if not longer, really for life in some ways. So you are making much more intense, but much less frequent decisions as opposed to when you're in a regular job, you're making very frequent, very common decisions, uh, every single day.So, uh, I get a lot of differences and I think, you know, sometimes, uh, you know, folks who, who are like a former CEO or former like VP product, uh, uh, I talk a lot of them sometimes who went from, came to BC and then went back and they either couldn't adapt or didn't like it, or didn't like the emotions of it.And I had to really convince myself that okay. Hopefully wouldn't fate those problems. I probably, maybe some other problems. And, uh, uh, so yes, the long way of saying no, , [00:43:13] Why Don't More Venture Capitalists Become Founders?[00:43:13] Dwarkesh: um, the desk partly answer another question I had, which was, you know, there is obviously this pipeline of people who are founders who become venture capitalists.And it's interesting to me. I would think that the other end or the converse of that would be just as common because if you're, if you're an angel investor or venture capitalist, you've seen all these companies, you've seen dozens of companies go through all these challenges and then you'd be like, oh, I, I understand.[00:43:36] Sriram: Wait, why do you think more VCs driven apart? You have some strong opinions of this . [00:43:40] Dwarkesh: Should more venture capitalists and investors become founders? I think [00:43:43] Aarthi: they should. I don't think they will. Ouch. I dunno, why not? Um, I think, uh, look, I think the world is better with more founders. More people should start companies, more people should be building things.I fundamentally think that's what needs to happen. Like our single biggest need is like, we just don't have enough founders. And we should just all be trying new things, building new projects, all of that. Um, I think for venture capital is, I think what happens, and this is just my take, I don't know if Farram agrees with it, but, um, I think they see so much from different companies.And if you're like really successful with what you do as a vc, you are probably seeing hundreds of companies operate. You're seeing how the sausage is being made in each one of them. Like an operating job. You kind of sort of like have this linear learning experience. You go from one job to the other.Here you kind of sort of see in parallel, like you're probably on like 50, 60 boards. Uh, and oftentimes when it comes to the investor as like an issue, it is usually a bad problem. Um, and you kind of see like you, you know, you kind of see how every company, what the challenges are, and every company probably has like, you know, the best companies we know, I've all had this like near death experience and they've come out of that.That's how the best founders are made. Um, you see all of that and I think at some point you kind of have this fear of like, I don't know. I just don't think I wanna like, bet everything into this one startup. One thing, I think it's very hard to have focus if you've honed your skillset to be much more breath first and go look at like a portfolio of companies being helpful to every one of them.And I see Sure. And do this every day where I, I have no idea how he does it, but key context, which is every 30 minutes. Yeah. And it's crazy. Like I would go completely and say, where if you told me board meeting this founder pitch, oh, sell this operating role for this portfolio company. Second board meeting, third, board meeting founder, pitch founder pitch founder pitch.And that's like, you know, all day, every day nonstop. Um, that's just like, you, you, I don't think you can like, kind of turn your mindset into being like, I'm gonna clear up my calendar and I'm just gonna like work on this one thing. Yeah. And it may be successful, it may not be, but I'm gonna give it my best shot.It's a very, very different psychology. I don't know. What do you [00:45:57] Sriram: think? Well, Well, one of my partners Triess to say like, I don't know what VCs do all day. The job is so easy, uh, uh, you know, they should start complaining. I mean, being a founder is really hard. Um, and I think, you know, there's a part of it where the VCs are like, oh, wait, I see how hard it is.And I'm like, I'm happy to support, but I don't know whether I can go through with it. So, because it's just really hard and which is kind of like why we have like, so much, uh, sort of respect and empathy, uh, for the whole thing, which is, I, [00:46:20] Aarthi: I do like a lot of VCs, the best VCs I know are people who've been operators in the past because they have a lot of empathy for what it takes to go operate.Um, and I've generally connected better with them because you're like, oh, okay, you're a builder. You've built these things, so, you know, kind of thing. Yeah. Um, but I do think a lot more VCs should become [00:46:38] Sriram: founders than, yeah. I, I think it's some of the couple of other things which happened, which is, uh, uh, like Arthur said, like sometimes, uh, you know, when we see you kind of, you see, you kind of start to pattern match, like on.And you sometimes you analyze and, and you kind of, your brain kind of becomes so focused on context switching. And I think when need a founder, you need to kind of just dedicate, you know, everything to just one idea. And it, it's not just bbc sometimes with academics also, where sometimes you are like a person who's supporting multiple different kinds of disciplines and context switching between like various speech students you support.Uh, but it's very different from being in the lab and working on one problem for like long, long years. Right. So, um, and I think it's kind of hard to then context switch back into just doing the exact, you know, just focus on one problem, one mission, day in and day out. So I think that's hard, uh, and uh, but you should be a founder.Yeah, I think, yeah, I think more people should try. [00:47:32] Role of Boards[00:47:32] Dwarkesh: . Speaking of being on boards, uh, what the FTX Saga has raised some questions about what is like the role of a board, even in a startup, uh, stage company, and you guys are on multiple boards, so I'm curious how you think about, there's a range of between micromanaging everything the CEO does to just rubber stamping everything the CEO does.Where, what is the responsibility of a board and a startup? [00:47:54] Aarthi: What, what, what are the, this is something I'm really curious about too. I'm [00:47:57] Sriram: just, well, I just wanna know on the FDX soccer, whether we are gonna beat the FTX episode in interviews in terms of view your podcast, right? Like, so if you folks are listening, right?Like let's get us to number one. So what you YouTube like can subscriber, they're already listening. [00:48:10] Aarthi: What do you mean? Get us [00:48:10] Sriram: to number one? Okay, then, then spread the word, right? Like, uh, don't [00:48:13] Aarthi: watch other episodes. It's kinda what you [00:48:15] Sriram: should, I mean, if there's [00:48:16] Dwarkesh: like some sort of scandal with a 16 Z, we could definitely be to fdx.[00:48:21] Sriram: Uh, uh, yeah, I think it's gonna, well, it's gonna be really hard to read that one. Uh, , uh, uh, for for sure. Uh, uh, oh my goodness. Um, uh, but no, [00:48:29] Aarthi: I'm, I'm genuinely curious about [00:48:31] Sriram: these two. Well, uh, it's a few things, you know, so the multiple schools of thought, I would say, you know, there's one school of thought, which is the, uh, uh, you know, which I don't think I totally subscribe to, but I think some of the other later stages, especially public market folks that I work with sometimes subscribe to, which is the only job of a, uh, board is to hire and fire the ceo.I don't think I really subscribe to that. I think because we deal with more, uh, early stage venture, um, and our job is like, uh, you know, like lot of the companies I work with are in a cdc c, b, you know, they have something working, but they have a lot long way to go. Um, and hopefully this journey, which goes on for many, many years, and I think the best way I thought about it is to, people would say like, you want to be.Wave form dampener, which is, uh, you know, for example, if the company's kind of like soaring, you want to kind of be like kind the check and balance of what? Like, hey, okay, what do we do to, uh, you know, um, uh, to make sure we are covering our bases or dotting the is dotting the, crossing The ts be very kind of like careful about it because the natural gravitational pool of the company is gonna take it like one direct.On the other hand, uh, if the company's not doing very well and everybody's beating us, beating up about it, you're, you know, your cust you're not able to close deals. The press is beating you up. You want to be the person who is supportive to the ceo, who's rallying, everybody helping, you know, convince management to stay, helping convince, close host, hire.So, um, there are a lot of things, other things that go into being a board member. Obviously there's a fiscal responsibility part of things, and, um, you know, um, because you kind of represent so many stakeholders. But I think at the heart of it, I kind of think about, uh, you know, how do I sort of help the founder, uh, the founder and kind of dampen the waveform.Um, the other Pinteresting part was actually the board meetings. Uh, Themselves do. Uh, and I do think like, you know, about once a year or, uh, so like that there's every kind of, there's, there's almost always a point every 18 months or so in a company's lifetime where you have like some very decisive, interesting moment, right?It could be good, it could be bad. And I think those moments can be, uh, really, really pivotal. So I think there's, there's huge value in showing up to board meetings, being really prepared, uh, uh, where you've done your homework, you, you know, you've kind of had all the conversations maybe beforehand. Um, and you're coming into add real value, like nothing kind of annoying me if somebody's just kind of showing up and, you know, they're kind of maybe cheering on the founder once or twice and they kind of go away.So I don't think you can make big difference, but, uh, you know, I think about, okay, how are we sort of like the waveform, the, you know, make sure the company, [00:50:58] Aarthi: but I guess the question then is like, should startups have better corporate governance compared to where we are today? Would that have avoided, like, say the FTX [00:51:08] Sriram: saga?No, I mean, it's, I mean, we, I guess there'll be a legal process and you'll find out right when the FTX case, nobody really knows, you know, like, I mean, like what level of, uh, who knew what, when, and what level of deceptions, you know, deception, uh, uh, you know, unfolded, right? So, uh, it, yeah. Maybe, but you know, it could have been, uh, it could have been very possible that, you know, uh, somebody, somebody just fakes or lies stuff, uh, lies to you in multiple ways.[00:51:36] Aarthi: To,

As the Fed continues to raise interest rates to slow down a booming economy and unacceptably high inflation, there are a several questions on the minds of every real estate investor, including: 1 - Are we going into a recession?2 - Will there be a housing crash? How far will home prices fall?3 - Will there be more evictions and rent reductions?4 - Will we see an uptick in foreclosure activity?5 - Which markets will be more resilient?In this episode, our real estate guest expert will share some ideas on what he thinks will happen, and what investors need to know to be prepared.Rick Sharga has more than 20 years' experience in the real estate and mortgage industries and is currently the Executive Vice President of Market Intelligence for ATTOM Data Solutions which is a market-leading provider of real estate and property data. Rick has also served as Executive Vice President at RealtyTrac, as an EVP for Carrington Mortgage Holdings and Chief Marketing Officer of the company's Vylla business unit, and as the Chief Marketing Officer of Ten-X and Auction.com, the leading online real estate marketplace. He is one of the most frequently quoted experts on real estate, mortgage, and foreclosure trends by major media outlets. Join RealWealth here: https://tinyurl.com/joinrealwealthSubscribe to the podcast here (or on your preferred podcast player): https://tinyurl.com/RWSsubscribeFor more information, and to listen to more episodes, go to: RealWealthShow.com

Oui oui bagette! Eiffel tower! Ayyyy fugettaboutit! All these, and other classic French sayings as Josette and Seanan take a look at the failed Amazon Original pilot for the Cosmopolitans. And also Ten X Ten I guess. Other Talking Points Include: Paparazzi Ethics, French People, Hot Hot Ugly Hot Hot Ugly Ugly Ugly, Flat Stanley Again, Special Bumper Stickers Follow us on Twitter @BrodyQuestPod!

Wort 1: hüten (Verb) – – – Wort 2: x-beliebig (Adjektiv) – – – --> https://www.deutschmitschmidt.de Für das komplette Transkript dieser Folge, inklusive einer Vokabelliste und exklusiver Arbeitsblätter besucht bitte: --> https://www.patreon.com/deutschmitschmidt Meine kostenlose Telegram-Gruppe: --> https://t.me/deutschmitschmidt Kennst du schon meine Taschenbücher? --> https://www.amazon.de/Sascha-Schmidt/e/B09C42SQG7 "Deutsch mit Schmidt" ist ein Podcast, der sich an fortgeschrittene Deutschlerner auf den GER-Stufen B1, B2 und C1 richtet. Hierbei geht es hauptsächlich um den Aufbau und die Erweiterung des deutschen Wortschatzes. In jeder Folge werden zwei neue Wörter präsentiert, die mit jeweils vier aussagekräftigen Beispielsätzen erklärt werden.

Are you a buyer having difficulty finding quality listings? Or a broker struggling to match with a potential investor?   Gordon Smith is the co-founder of Biproxi, an online CRE platform that brings buyers and sellers together to close deals faster. He joins us today to talk about how they are transforming the real estate marketplace and offering a better transaction experience online. He gives an in-depth look at what makes Biproxi work and how real estate professionals can take advantage of the platform to run their businesses more efficiently.   [00:01 - 04:15] The Tinder for Real Estate Gordon shares his background in business  They started Biproxi as a buyer matching platform, to curate the listings and provide detailed and accurate information to buyers   [04:16 - 13:59]  Bringing Real Estate Transactions Online They developed a suite of tools and have third-party integrations that will interest investors and brokers and will encourage adoption How they are monetizing the platform Non-disclosure states present a little bit of a challenge in collecting transaction data Gordon breaks down the matching process Quality over quantity, curation over aggregation The adoption process has been positive so far and they have a free promotional period so users can try and love the product There's a messaging feature in the platform where users can view the history of all their interactions   [14:00 - 15:10] Closing Segment Reach out to Gordon!  Links Below Final Words Tweetable Quotes   “We joke it's Tinder for real estate, but hopefully, we match them up inside our app rather than relying on what's traditionally been sort of an email blast that's undirected and usually gets deleted.” - Gordon Smith “We want to be the place that powers the transaction, so we're not really trying to be a marketplace with hundreds of thousands of listings. We want this to be a place where a broker and investor can actually transact online.” - Gordon Smith -----------------------------------------------------------------------------   Connect with Gordon at Biproxi.com or email him at gordon@biproxi.com.   Connect with me:   I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.     Facebook   LinkedIn   Like, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on.  Thank you for tuning in!   Email me → sam@brickeninvestmentgroup.com Want to read the full show notes of the episode? Check it out below:   [00:00:00] Gordon Smith: We eventually want to bring the whole transaction. We want to be the place that powers the transaction. So we're not really trying to be a marketplace with, you know, hundreds of thousands of listings. We want this to be a place where a broker and investor can actually transact online. So we've got some third-party integrations that we're looking to add, which would include, you know, diligence, title, contract negotiation, all the kind of things that we want to bring online. [00:00:38] Sam Wilson: Gordon Smith is a seasoned real estate finance and private equity professional with extensive experience in asset management, brokerage, and operations. Gordon, welcome to the show.  [00:00:47] Gordon Smith: Thanks, Sam.  [00:00:48] Sam Wilson: Hey, the pleasure's mine, Gordon. Hey, there are three questions I ask every guest who comes from the show: in 90 seconds or less, can you tell me where did you start? Where are you now, and how did you get there?  [00:00:56] Gordon Smith: Yeah, so I started my career at actually CBRE as a commercial real estate broker. And then made the transition to a private equity firm called Fortress Investment Group, and I am now running two technology real estate technology platforms. One is Biproxi and one is OfficeSpace.com.  [00:01:12] Sam Wilson: That's a lot of transition. Did you ever know, I guess, early on that you had an interest in technology, or was this something that just kind of came to you along the way? [00:01:24] Gordon Smith: It came to me along the way. At Fortress, we made an investment, the first online marketplace, which was called Auction.com, which was a residential platform, right? And then Ten-X and I went on the board of that company and the founder, you know, I saw what they were doing, it seemed really exciting, and he convinced me to leave Fortress and come run the commercial business for him, which was called Ten-X. [00:01:47] Sam Wilson: Got it. So you, you moved to Ten-X and now you are at Biproxi.  [00:01:52] Gordon Smith: Yeah. We built Ten-X up over around three years. That was sold to a private equity firm, and then I sort of took a year off and launched Biproxi.  [00:02:00] Sam Wilson: Gotcha. So Biproxi is your own animal, like this is something you've built, It is built from... [00:02:05] Gordon Smith: Yes. I've got two co-founders, but it is my own animal.  [00:02:07] Sam Wilson: That's cool. I love that. And I'm certainly, in the early days back, or I say early to my early days in real estate, spent plenty of time at Auction.com auctions buying foreclosure properties. That's how we cut our teeth. So, you know, I'm very familiar with that process. That's really cool. What is the major problem in the marketplace that you see that you're trying to actively solve?  [00:02:29] Gordon Smith: Yeah, I think we're trying to, you know, if you look at a lot of marketplaces, they started with aggregation. You know, you look at, it could be anything from fashion to, you know, this traditional auction platforms. And what's happened over time is that the quality of listing data on a lot of these sites really produces a tough buyer experience. They've got to sift through a lot of listings. Most of them or some of them are inaccurate. Many times they'll call the broker and not get a callback. I mean, we interviewed a Chicago investor who wanted to invest in Florida. You know, because no one knew who he was and he was coming from out of town, he could not get the mind share of the brokerage community there. So we really built Biproxi to be more of a buyer matching platform, and we curate the listings, we make sure they're accurate. We ask the buyers to provide us with detailed information on what they're looking for. We ask the broker to actually profile their listing, and then hopefully we match them up. We joke it's Tinder for real estate, but hopefully we match them up inside our app rather than relying on what's traditionally been sort of an email blast that's undirected and usually gets deleted.  [00:03:34] Sam Wilson: Right. Yeah, there's certainly plenty of that. You know, those email blasts that you get and I think the problem for, you know, for us as investors is getting those email blasts, is remembering that, Oh, hey, Gordon sent me an email. Like, oh, yeah, I need to go back and review that. I did, shoot, I did it today. I was at the doctor's office with my daughter. I'm like, oh, yeah, somebody sent me a deal last week, and I haven't, you know, you looked at it once, you hit read, and then forgot about it.  [00:03:57] Gordon Smith: Yeah.  [00:03:57] Sam Wilson: And that's bad for everybody. I mean, that's bad for the broker, that's bad for us as investors. Outside of, though, just creating a set of filters, right, I mean, your platform has to be more than filters, which is just like, Oh, I want to buy in Florida and I want to buy, you know, office space and I want to, it needs to be over 10,000, whatever. I'm just making up numbers. [00:04:15] Gordon Smith: Yeah. [00:04:15] Sam Wilson: What else did you guys do to really dial this in and say, this is a product that the market wants? [00:04:21] Gordon Smith: Yeah, so we've developed a bunch of tools that enable a broker and an investor to transact. So we have a private listing tool, which allows a broker to run an off market deal and decide who they want to admit so they can kind of curate, their buyer database. Or we just develop Private Events, which is actually the first, and since you're familiar with auction, you'll understand this, it's really the first self-service auction tool that can be run by the broker, he or she, rather than relying on a much more kind of structured auction process that the broker doesn't always.  [00:04:55] Sam Wilson: That's pretty impressive. I love the idea of a private listing where it's like, Hey, you know what? I want Sam to see this. I want Gordon to see it. I want three other people to see this deal. And again, as opposed to emailing them or texting him or calling you and say, Hey, it's right here inside of the Biproxi platform. When you say quality goes down, I'm thinking of some other well-known sites. I probably shouldn't mention 'em, but quality goes down as these deals just get, you know, they put a name of a website in there and say, that's where deals go to die, right? I think that's probably what you're referring to. How did you get your company built? I mean, obviously, you have a background in technology, but you're not a technology or a technologist, is even a word, yourself.  [00:05:35] Gordon Smith: Yeah. Well, obviously learned a lot at Ten-X when I ran that. You know, I ran product and marketing, and Ten-X really is a pure auction site, so, you know, we always had a vision for really bringing the traditional process online. So if you look at where we're headed long term, this should be a place for a broker to market their listing, you know, list it, market it, and eventually transact online. That's our long-term vision, but obviously, I've surrounded myself with, you know, a great engineering team. Our co-founder runs product. She's got a lot of experience and then it's all about the team you built.  [00:06:06] Sam Wilson: Absolutely. Absolutely. That's absolutely cool. And you guys really have two components. You've got the broker side, which is one part of your business you serve. And then you have the investor side that you serve. Are those two different animals or is it something that it's kind one of the same?  [00:06:22] Gordon Smith: No, they are. I mean, we believe fundamentally that our platform will get massive adoption if we can bring more investors to the platform 'cause that's ultimately what the brokerage community wants, right? They want buyers for their listings. And we have a couple of tools that are interesting for investors. We have a product called Data Explorer, which gives you all the national tax record data on every property in the United States, including owner unmasking if we've got it. Transaction, financing history, demographic data, and we're going to keep adding to that and that product is actually free on our site.  [00:06:55] Sam Wilson: Wow. That's impressive. I mean, that's a whole suite of tools. I mean, you've got so many different data providers out there.  [00:07:02] Gordon Smith: Well, you've got Black Knight obviously. Yes. First American has their own data product. Our partner is a relatively new company called Cherry. And we use them because they ingest all this data, but spend more time cleaning it. So it's better quality than what you might get from a raw tax record. [00:07:19] Sam Wilson: Right. Right. And so I guess from an end-user experience, you guys monetize this from a subscription model or how do you guys make money on this? [00:07:27] Gordon Smith: Yeah, we are purely a SaaS model, which, again, if you look at our self-service auction product, you know, the cost of running that for a broker and an investor is meaningfully less than, you know, paying a three to five point buyers premium. [00:07:41] Sam Wilson: That's fantastic. What are some problems in the marketplace right now that you guys haven't yet solved, that you look forward to solving?  [00:07:49] Gordon Smith: We eventually want to bring the whole transaction. We want to be the place that powers the transaction, so we're not really trying to be a marketplace with, you know, hundreds of thousands of listings. We want this to be a place where a broker and investor can actually transact online. So we've got some third-party integrations that we're looking to add, which would include, you know, diligence, title, contract negotiation, all the kind of things that we want to bring online.  [00:08:15] Sam Wilson: Are there asset classes, and hopefully I'm asking the right question here, but are there asset classes that you guys don't have the data for? I asked this specifically ‘cause I used to be in parking. Back in pre-pandemic, we bought parking lots and parking garages and I couldn't find data on that anywhere.  [00:08:30] Gordon Smith: Yeah, that's actually a good question. I'm going to go back and there's definitely 11 non-disclosure states where the data's not as good. And there's roughly, I don't know, 3,300 counties in the US, and all of them kind of present their data differently. So, you know, that's a little bit of a challenge, but it's getting better and better. I think in general, we've got tax record data on pretty much everything. We might not have transaction data and then nondisclosure states. [00:08:54] Sam Wilson: Right. Right. Yeah. And that would be an interesting challenge to work around, 11 non-disclosure states. And by that, can you tell our listeners what that means?  [00:09:03] Gordon Smith: Yeah. So what it really means is, you know, when the deed is signed, and I think the mechanics are probably different every state, but the sales price is not disclosed publicly. [00:09:12] Sam Wilson: Right. Got it. That's very, very helpful. Tell me this, on the buyer matching side, can you walk me through that process and why that's so important to what you guys do?  [00:09:22] Gordon Smith: So, you know, one of the buyer investor complaints is that when they submit a lead to another site, the broker usually just gets an email address without any detail on who that person is. And in some cases, the broker's getting so many leads and it's hard for them to follow up on all of them. So our basic thesis is by asking the buyer to be very specific about what they're looking for and asking the broker to actually profile who they think the logical buyer is for this asset, then we run a match, and if there is a match, then we put the investor's information in the broker's dashboard. We don't disclose the phone number until the investor says they'd like, you know, to speak to the broker 'cause we obviously want to respect that. But that is basically, we run the algorithm and if there's a match then we put the two together. [00:10:13] Sam Wilson: I mean, that's so simple. It seems so simple, but yet I'm sure it's quite complicated on the back end. But, I mean, what a cool way to get curated listings sent right to you as an investor, as opposed to, again, you know, reading that email from this morning where there's probably eight or 10 different properties on that email blast. And I'm like, No, that's the wrong state. No, that's not. And you got to go to the bottom. And then by the time you got into the bottom, somebody's interrupted you and you forgot all about it.  [00:10:38] Gordon Smith: Yeah, no, it's a real promise. And it's, you know, if you look at Apple's privacy changes, it's even harder for you as a marketer to track even who's opening those emails anymore. So a gain, it's really curation over aggregation.  [00:10:50] Sam Wilson: Right. Right. And I think one thing you said though, that you guys don't want to become though, is just a giant listing site. Like, there's enough listing sites out there. So how do you effectively onboard brokers with their opportunities, match those two, then investors, without becoming a listing site? [00:11:08] Gordon Smith: So it's not about the quantity of listings we've got on the site. We want a broker to think of our platform as a place to bring their listing and run their sales process. So, you know, we don't need 50,000 listings to do that. We just need a very intentional broker who wants to run their process. We spend all our time driving investors to our platform. We think we need roughly, probably five to one investors for every listing, right? And then if they don't find anything that exactly matches what they're looking for, at least they've got our data product, you know, to do some discovery on their own. [00:11:41] Sam Wilson: What's the adoption process been like for you guys? [00:11:44] Gordon Smith: So right now we're kind of in a free promotional period. We're really spending more time just getting user adoption. And we probably intend to, you know, start putting our paywall up in early 2023. But right now, it's just about getting people to use and love the product. [00:12:02] Sam Wilson: Yeah. I wondered about that, you know, and and I'm not in the technology business, but I wondered about that early on, how you guys tackled that problem 'cause you know, early on you have to have people using the platform in order to generate interest, generate just kind of some momentum there. [00:12:16] Gordon Smith: Yeah. But they'll always be a free component of our product. Like I said, that's our data product that'll always be available to investors if they want to do some discovery. And that's our general theory.  [00:12:26] Sam Wilson: That's really, really cool. I absolutely love that. Is there anything else that comes to mind that you say, Hey, here's something that I really wish people knew about our platform and about what we do that I haven't covered. [00:12:37] Gordon Smith: Well, I think, you know, for a broker who's looking to upload their listing, it's a very intuitive process. We've spent a lot of time, you know, if if you are marketing a retail asset, it'll then give you a choice of what type of retail asset. So I think, you know, as a, just a core listing product, it's actually very intuitive and easy to use. All our messaging, it stays in the app. So every asset you've ever looked at or spoken to a broker, you have that in the app forever, right? So you always have a history of all your interactions, and I think that's, also a big difference.  [00:13:10] Sam Wilson: It sure is, especially as you're developing relationships with new brokers and new markets. It again can be, you know, you're solving problems that I think about where it's like, Oh yeah, I reached out to somebody. I can't remember his name. Who was that again?  [00:13:21] Gordon Smith: By email.  [00:13:22] Sam Wilson: Yeah. Right, right. Then you're searching email by asset or where you think it was located. And again, it's just a cluster of like, this is never going to actually locate that. That's really fantastic.  [00:13:32] Gordon Smith: So the idea is that you know, all your messaging, either as an investor or a broker is all in your app, in your dashboard.  [00:13:37] Sam Wilson: Man, that's really, really cool. When did you guys hit the go-live button? When did this officially launch?  [00:13:43] Gordon Smith: We went live in October, November of '21 with kind of our V1 of the product. We released, you know, Private Event. We released Private Listing kind of in the summer of this year. So it's kind of really, now, you know, we're kind of putting the pedal to the metal.  [00:13:59] Sam Wilson: Man, that's cool. I love it. I'm looking forward to getting in and spending more time there on your website. For those who are listening, that's Biproxi, B I P R O X I.com. Look forward to checking that out a little bit more. Gordon, if our listeners want to get in touch with you, and I know I just mentioned your website as well, but if just want to get in touch with you, learn more about what you guys do, what's the best way to do that? [00:14:20] Gordon Smith: Probably just my email. It's gordon@biproxi.com. They're free to call me if you want me to give out my phone number, but probably email's easiest.  [00:14:27] Sam Wilson: That's fantastic. I love it. Gordon, I'm looking forward to using your product. This will be a lot of fun. I'm going to spend some time on there getting my information uploaded 'cause I know there's certainly an asset class I specialize in that I look forward to, yeah, put it out there what we're looking for. So thank you again for building the product and, yeah, thanks for coming to the show today.  [00:14:43] Gordon Smith: Awesome, Sam, great to meet you.

Retired after just 3 years investing in apartments, Brad has owned over 7,500 units in 11 different markets throughout the county AND has helped hundreds of students increase their worth by Millions following his proven step-by-step process. Learn from the guy that did it. Brad didn't start off with a silver spoon in his mouth; born of working-class parents in Pittsburgh, he bought his first apartment investment over 20 years ago and has been teaching apartment investing for 15. His passion is teaching and the millionaire mindset. Brad chats about the upcoming AIMNATCOM.COM event in Dallas on September 30-October 2. To contact Brad Sumrok: BradSumrok.com Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker's Real Estate Syndication business with SPI Advisory LLC. Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

On this episode we previewed both the Big Ten & Notre Dame We go through Over Under Win Totals & Conference Title Odds team by team. Give our Conference Championship predictions. Also give a little shine to the G5, MAC RATE REVIEW SUBSCRIBE! Follow the show on Twitter @podcockpeacast & like our Facebook page, search PodCock PeaCast, Available on Apple Podcast, Spotify, Google Podcast & the rest of the major podcast platforms!!! Finally enjoy your listen!!!! A semiprofessional sports podcast that may or may not have a gambling problem, we will touch some entertainment subjects as well & elements of general tomfoolery, also it may have a witty moment or two along the way. Twitter @podcockpeacast Facebook PodCock PeaCast --- Send in a voice message: https://anchor.fm/podcock-peacast/message

Are you getting the engagement you want with your LinkedIn profile? Want to attract more of the right people to your business? Do you think that the way to LinkedIn success is to have thousands of contacts? In this week's episode of Get Your FILL - Financial Independence & Long Life podcast, Daniel Alfon shares some fantastic tips - many that I'd never heard - about getting the most from your time on LinkedIn. About Daniel - Author of "Build a LinkedIn Profile for Business Success", on LinkedIn since February 2004 (yes, you read right). LinkedIn is an extremely powerful tool that's mostly misunderstood. After training thousands of people on LinkedIn, I developed a simple method that can help leaders reach their objective - without cold connecting, paying for a premium account, advertising or trying to become someone else. If your audience is 40+ entrepreneurs who want to leverage LinkedIn to get leads and revenues in an authentic and organic way, reach out! Listen to the podcast Visit Daniel's website More about Daniel Watch the video

This episode features an interview with Mark Shockley, Head of Revenue Operations at Embrace: the first and only observability and data platform built for mobile. Mark is an experienced revenue operations professional with a background in quantitative research. Prior to Embrace, Mark was an operations analyst at Interactions LLC, Sailpoint, and Ten-X.On this episode, Mark talks about being the sole RevOps team member at his startup, how he collaborates with sales and marketing teams, what metrics he cares about most, and much more. —Guest Quote“If it's not in Salesforce, it doesn't exist. Salesforce is the record of truth, and we want it to be the record of truth. But this requires a few things. It requires reps to input information. But we also don't want to burden the reps at the same time. And we want to be able to ensure that the information that we're leveraging can be useful and beneficial to us.” - Mark Shockley—Time Stamps *(01:50) What is Embrace?*(02:25) Being the sole RevOps team member*(03:03) Mark's first 90 days in the role*(03:37) Segment 1: RevObstacles*(05:03) How Mark makes sure Marketing, Sales, and CX are aligned*(06:52) Segment 2: The Tool Shed*(09:24) Mark's favorite metrics*(11:46) Interesting metric insights Mark has found*(15:19) Mark's spreadsheet tips*(18:57) Segment 3: Quick Hits*(19:40) Mark's RevOps Prediction*(21:20) Some Final Advice from Mark—------Sponsor:Rise of RevOps is brought to you by Qualified. Qualified's Pipeline Cloud is the future of pipeline generation for revenue teams that use Salesforce. Learn more about the Pipeline Cloud on Qualified.com. —-----Links Connect with Mark Shockley on LinkedInConnect with Ian Faison on LinkedinCheck out the Embrace WebsiteCheck out the Qualified Website

This is Stephen Schmidt from the Gazette digital news desk and I'm here with your update for Tuesday, June 21. There will be a slight chance for rain Tuesday evening, but besides that it will be another hot, muggy day. According to the National Weather Service there will be a 20 percent chance of showers and thunderstorms after 4 p.m. getting slightly more likely toward 10:00 p.m. Otherwise it will be sunny and hot, with a high near 96 degrees and heat index values as high as 104. The low will be about 69 degrees. Insurance and investment services company Transamerica filed a notice withhttps://www.iowaworkforcedevelopment.gov/worker-adjustment-and-retraining-notification-act ( Iowa Workforce Development saying it will eliminate 40 positions as of Aug. 1)5. The company began paring away at its Cedar Rapids employee count back in 2018 when it outsourced parts of its business to India-based Tata Consultancy Services. At that time it shifted 882 jobs to Tata. Transamerica, with offices on C Street SW in Cedar Rapids, is a subsidiary of AEGON, a Netherlands-based life insurance company headquartered in the Netherlands. https://www.thegazette.com/real-estate-development/transamerica-to-auction-off-51-acre-site-in-northeast-cedar-rapids/ (It placed the site of its former Edgewood Road and 42nd Street NE offices on a two-day auction )through California-based Ten-X beginning this week, after being unable to find a buyer since March 2021. The starting bid was set at $1.75 million. Officials for Transamerica did not respond for comment when asked by the Gazette about the latest position changes or how many employees it still has in Cedar Rapids. According to the Associated Press, President Joe Biden said Monday that he will decide by the end of the week whether he will support a federal gasoline tax holiday, possibly saving U.S. consumers as much as 18 cents a gallon. The administration is increasingly looking for ways to spare the public from higher prices at the pump, which began to climb last year and surged after Russia invaded Ukraine in February. Gas prices nationwide are averaging just under $5 a gallon, according to AAA. Prior to its invasion of Ukraine, Russia provided as much as 12 percent of the world's oil supply, but the conflict led the United States and Europe to boycott Russian oil exports. Taxes on gasoline and diesel fuel help to pay for highways, which is why even if it were approved, it would likely only be a temporary holiday to help lower prices through peak travel months. The Cedar Rapids City Council has given a green light to continued operation of the city's automated traffic cameras, extending the city's contract for the system's operation through June 30, 2027. The council's agreement with Beverly, Mass.-based Sensys Gatso USA, approved this past Tuesday, extends the current agreement, which would have expired at the end of this month. The city uses 15 traffic cameras to enforce speed violations at four locations along Interstate 380 and to monitor red-light and speeding violations at five intersections in the city. https://www.cedar-rapids.org/local_government/departments_g_-_v/police/ate_camera_locations/ate_camera_locations.php (The camera locations) are posted on the city's website. To date, the traffic camera program has generated $7.43 million in revenue in fiscal 2022, which ends June 30. The traffic cameras have experienced their own speed bumps in the past, with some state lawmakers trying to ban their use, but they have the support of the Cedar Rapids city government for the moment.

This is a LIVE interview with Eli Randel, Chief Strategy Officer at CREXi. 0:00 - Introduction 1:56 - Prologis acquiring Duke 4:05 - Macro look on industrial 4:55 - Strategy for investors 7:05 - Industrial vs other asset classes 8:27 - Bricks-and-Mortar 13:08 - Work-from-home 21:20 - Is it time to do a ground up development? 24:15 - Amazon maxing out warehouse space 28:00 - Interest rates 44:40 - Sitting on the sidelines 47:05 - Construction costs 49:30 - Loan defaults 55:20 - Real estate vs crypto 1:03:05 - CREXi.com About Eli: Eli leads Strategy for Crexi after 15+ years of CRE and CRE finance experience. Eli joined Crexi in 2016 following a tenure as Director of Dispositions for Invitation Homes (NYSE: INVH), where he led portfolio dispositions in preparation for the company's IPO. Previously, Eli was a Director of Capital Markets at Cohen Financial helping raise LP equity and construction financing for large commercial real estate developers. Prior to Cohen Financial, Eli helped launch Auction.com (now TenX )where he joined when his previous employer LNR Partners formed a JV with the online platform. Eli began his career at CBRE, where he spent three years as a senior financial analyst before obtaining a full academic scholarship to earn his MBA at the University of Florida. Connect with Eli: LinkedIn: https://www.linkedin.com/in/eli-randel-6ba9153 Website: https://www.crexi.com/insights/author/eli -- ⚡ Become an Industrial Insider: https://www.youtube.com/c/ChadGriffithsCRE?sub_confirmation=1

This episode of The Crexi Podcast looks at the world of auctions amid inflation and changing economic conditions with Andre Cuadrado of Xchange.Loans. The Crexi Podcast explores various aspects of commercial real estate in conversation with top industry professionals. In each episode, we feature different guests, tapping into their wealth of expertise and exploring the latest trends in commercial real estate.  In this episode, Crexi's Yannis Papadakis sits down with Andre to chat through current happenings in debt and note sales, how lienholders are managing their debt partnerships, and what the future holds for the commercial real estate market in an inflationary economy. Their wide-ranging conversation covers: The utility of online auction as a fast, successful method for the disposition of assets and notes.The long-term economic impact of government stimuli and other pandemic fiscal policies on commercial property and businesses.How increasing interest rates are impacting current acquisition and disposition activity and the impact of inflation on business operational forecasts.What potential buyers of loan notes should look for in an investment opportunity, whether they're performing or non-performing assets.Potential headwinds for commercial real estate players.And much more! If you enjoyed this episode, please subscribe to our newsletter to receive the very next one delivered straight to your inbox. For show notes, past guests, and more CRE content, please check out Crexi Insights.Ready to find your next CRE property? Visit Crexi and immediately browse hundreds of thousands of available commercial properties. Follow Crexi:https://www.crexi.com/​ https://www.crexi.com/instagram​ https://www.crexi.com/facebook​ https://www.crexi.com/twitter​ https://www.crexi.com/linkedin​ https://www.youtube.com/crexi About Andre Cuadrado:Andre Cuadrado is the Founder and Principal of Rhenium Capital, a boutique national Loan Sale Advisory firm, and CEO of Xchange.Loans. Based on extensive experience selling non-performing loans for community banks, private lenders, regional & large banks and special servicers, Andre developed the Xchange.Loans platform specifically to maximize the recoverable value of non-performing loans in a secure open market transaction. Prior to founding both firms, Andre founded and ran the V&A department of Auction.com Commercial (now Ten-X) and was an originations analyst for ING Investment Management (now Voya).

In this episode of Purpose-Driven Wealth, your host Mo Bina and guest Richard Kent talk ‘flexibility' in industrial flex spaces. When other assets started looking like ghost towns during the pandemic, industrial spaces were spared. In fact, in Avistone, vacancy rates didn't look any different from pre-pandemic numbers. Richard explains how industrial properties benefit from the industries they serve, the preparedness industrial real estate operators need to constantly be in, why 40% of their investors are CPAs, and the general explanation of how phenomenal flexible industrial spaces can be. In this episode you will learn: What Richard Kent learned as a stockbroker The industries that Avistone leases to Tenants aren't going to pay thousands for rent for a space that needs further improvement The trends for industrial real estate It's a once in a decade opportunity to invest in hospitality real estate and so much more! About Richard Kent:   Richard Kent oversees Avistone's capital markets operations and brings 40 years of experience in financial services, real estate investment, and capital markets to the company.   Having completed transactions in commercial properties valued at more than $2 billion, Richard served as a senior executive at Auction.com (now Ten-X) prior to founding Avistone.   Over the course of his career, Richard has held senior positions in the commercial real estate departments of Wall Street firms, commercial banks, and real estate operating firms, including Drexel Burnham, Salomon Smith Barney, and Commercial Capital Bank (now JP Morgan Chase) and Deutsche Bank Berkshire Mortgage.   Rich holds a BA in Political Science and Economics from San Diego State University.   Follow Richard Kent on:   Website:          https://avistone.com/   Connect with Mo Bina on:   Website:          https://www.high-risecapital.com/ Medium:          https://mobina.medium.com/   For more information on passive investing in commercial real estate, please check out our free eBook — More Doors, More Profits — by clicking here: https://www.high-risecapital.com/resources-index      

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This episode of The Crexi Podcast examines what's next for digital auctions and real estate with Brandy Smith and Sonya Bokano of Crexi's Transactions team.The Crexi Podcast explores various aspects of commercial real estate in conversation with top industry professionals. In each episode, we feature different guests, tapping into their wealth of expertise and exploring the latest trends in the world of commercial real estate. In this episode, Crexi's Yannis Papadakis sits down with Brandy, Crexi's Head of Institutional Sales, and Sonya, Crexi's Head of Operations/Transactions, to learn more about the changing landscape of commercial property auctions  and how technology is transforming the space to simplify and popularize participation. Their wide-ranging conversation covers:Historical sentiment around auction processes in real estate and how that sentiment has changed over recent years.How CRE technology has made commercial property auctions more transparent and accessible, inviting more players into the space.What elements of the auction process make it a more viable method for selling and acquiring commercial property, including certainty of close, earnest money deposits, and upfront due diligence.What they're most excited about coming up in the CRE auction space.The journey to become female leaders in commercial real estate and important lessons learned along the way.And much more! If you enjoyed this episode, please subscribe to our newsletter to receive the very next one delivered straight to your inbox. For show notes, past guests, and more CRE content, please check out Crexi Insights.Ready to find your next CRE property? Visit Crexi and immediately browse hundreds of thousands of available commercial properties.Follow Crexi:https://www.crexi.com/​ https://www.crexi.com/instagram​ https://www.crexi.com/facebook​ https://www.crexi.com/twitter​ https://www.crexi.com/linkedin​ https://www.youtube.com/crexi About Brandy Smith:Brandy Smith is a commercial real estate professional with 23 years of business experience, primarily within the commercial division of large financial institutions. Through a series of acquisition opportunities in the financial industry, Brandy worked with JPMorgan Chase Bank for 16 years in a variety of leadership roles. Brandy transitioned into a business development role at Auction.com, now Ten-X, in 2011 and quickly elevated into a sales leadership position, guiding the institution through a series of acquisition opportunities in the financial industry. Brandy now works with Crexi as the role of Head of Institutional Sales where in 2021, she successfully helped close all institutional deals brought to market, resulting in a 100% sell through rate.   About Sonya Bokano:Sonya Bokano leads Operations, Contract Compliance and Closing for the Transactions team at Crexi. She and her team support internal deal teams, along with broker, buyer, and seller clients, ensuring compliance and execution.  She is known for her hands-on approach and dynamic, passionate delivery while fulfilling the internal/external customer's needs.She joined Crexi in 2019 bringing 12+ years of commercial real estate and transaction experience.  Co-managing Crexi's largest Transactions client, Clark County, her expertise covers a broad range of strategic vision, solid execution skills and transaction lifecycle management. She stays well-connected with customers to ensure broad market needs are being incorporated into the product development.Along with her RE licenses, she has several years of formal training coupled with A Six Sigma belt in Project Management.  As a leader, her job is to develop more leaders, and challenge the status quo to improve product quality and obtain greater market share in the industry.  One goal is to grow the female presence in the CRE space opening future opportunities for women who have the desire to be a part of what is an always evolving, fast paced business.

Forbes: Exclusive: Austrian Programmer And Ex Crypto CEO Likely Stole $11 Billion Of Ether  https://www.forbes.com/sites/laurashin/2022/02/22/exclusive-austrian-programmer-and-ex-crypto-ceo-likely-stole-11-billion-of-ether/?sh=be2ef547f589 Read a summary of the DAO hack story here: https://twitter.com/julianhosp/status/1496112904705572865 ------- ► Get cash flow on your cryptocurrencies: https://www.cakedefi.com ► Buy Bitcoin & Ethereum here: https://www.binance.com/?ref=11272739 * ► Buy DeFiChain here: https://trade.kucoin.com/DFI-BTC or here: https://global.bittrex.com/Market/Index?MarketName=USDT-DFI ---------------  How to buy Bitcoin in 5 easy steps (safest method!): https://julianhosp.com/bitcoininfivesteps ---------------  QUIZ: What type of crypto investor are you? Take the free quiz and find out! https://julianhosp.com/quiz ---------------  Share this episode and let us make the world more than #cryptofit together :) Feedback to my show:  http://getpodcast.reviews/id/1323952161 Read this book with all the lessons I have ever learned in life: http://geni.us/25stories Wanna get started in crypto? Here are 5 easy steps to get going: https://julianhosp.com/bitcoininfivesteps/ ---------------  #CRYPTO: ► Buy #Bitcoin with best price here: http://bit.ly/exchange_promo * ► Use this Hardwallet: http://www.julianhosp.com/hardwallet  * ► Use this exchange for Altcoins: https://www.binance.com/?ref=11272739  * ► The best book to understand #blockchain, #cryptocurrencies and #Bitcoin: https://geni.us/crypto_simple * ► The best book to understand all the blockchain applications beyond Bitcoin: https://geni.us/blockchain_simple * ► Get cashflow from cryptocurrencies with this platform for free: https://www.cakedefi.com ---------------  ► Join our Facebook group: https://www.facebook.com/groups/cryptofit ► Podcast I-Tunes: http://bit.ly/cryptoshow-podcast ► Podcast Spotify: https://open.spotify.com/show/3FUQW20dA0ObJ4l9SVEFHP?si=-pDzvYD_RmCnU2-hBpjoXw ► My website: http://www.julianhosp.com ► #cryptofit Shop: https://shop.spreadshirt.de/cryptofit ---------------- ► Follow me here and stay in touch: Twitter: https://twitter.com/julianhosp Facebook: https://www.facebook.com/julianhosp/ Instagram: https://www.instagram.com/julianhosp/ Linkedin: https://www.linkedin.com/in/julianhosp/ Xing: https://www.xing.com/profile/Julian_Hosp/ ---------------- The links marked with an asterisk (*) are so-called commission links. If you click on such a link and buy via this link, I get a commission from your purchase. The price does not change for you.This is not an investment advice. As with every investment, your capital is at risk and the return is not guaranteed. Before you decide on an investment, please read our risk statement or contact a financial advisor.

ZTE is back and he has tales of close calls, bad weather and road rage as he crossed the USA on US 20. What did he learn? Listening to this exciting episode may reduce hypertension and lead to a 40% reduction in your risk of developing precancerous colon polyps. Oh wait, that's Vitamin D. Well, you should listen anyway.