Podcasts about transferability

Navigating the complex terrain of financial statement reporting and income tax disclosures is a major challenge for companies as they face heightened regulatory scrutiny and evolving standards. The Financial Accounting Standards Board (FASB) continues to introduce significant updates, including ASU 2023-09, which requires greater transparency and more detailed reporting of tax provisions. These changes reshape how companies present their tax positions within financial statements, emphasizing the need for robust systems and strategies to manage increased disclosure requirements.As organizations continue adapting to these standards in 2025, understanding tax provisions and their implications remains essential for maintaining compliance and demonstrating financial integrity.In this episode, Brooks Nelson, Partner and Strategic Tax Leader and Sarah McGregor, Tax Director, are joined by William Billips, Tax Partner, and Lisa Macri, Tax Director. Together, they explore key tax legislation updates from 2024 and strategies for navigating the road ahead.  This discussion is crucial for finance professionals seeking to build on last year's adjustments and ensure their organizations remain prepared for the evolving landscape of tax reporting.Listen to learn more about: 03:30 – Understanding ASC 74004:25 – Common challenges with ASC 74005:44 – Upcoming changes with ASU 2023-0907:21 – Rate reconciliation and disaggregation requirements08:33 – Preparing for ASU 2023-09 implementation09:32 – Transferability of energy credits10:45 – Acquisitions and dispositions key considerations11:50 – Pass-through entities and tax reporting14:20 – Anticipating future tax law changes16:37 – Planning for legislative changes Related Guidance Newsletter: The Rundown: Fourth Quarter 2024 GuideArticle: Unlocking Opportunities: The Evolving Market for Clean Energy Tax Credits

Dr Melanie Farlie is a Senior Lecturer in Monash University's Department of Physiotherapy. Mel is an educator, physiotherapy researcher and developer of the Balance Intensity Scale.  In this four-part series, Mel introduces qualitative research, provides examples of how you can read and understand qualitative research, explains how you can search for, and evaluate the quality of, qualitative research, and discusses how qualitative research can influence your clinical practice. Part 1 of this four-part series is an introduction to qualitative research for students and clinicians. In this episode: 0:00 Introduction to Mel and the four-part series 2:00 What is qualitative research and why is it important in physiotherapy? 3:25 How is qualitative research different from qualitative research? 5:35 What are some barriers for clinicians to engage with qualitative research? 7:35 Key terminology you need to be familiar with, e.g. reflexivity – being aware of your influence on the research process.  Transferability – can the findings be transferred to other similar contexts? 13:45  How can clinicians get started with using qualitative research?  Don't just read the abstract, read the methods. Look for systematic reviews of qualitative research 16:50 Summary – qualitative research can be very useful when it is transferable to your clinical practice. Jump in and start reading In part 2 we will explore a recently published qualitative study and how this research's findings may apply to clinical practice. Read more about Dr Melanie Farlie here: https://research.monash.edu/en/persons/melanie-farlie We discussed the Balance Intensity Scale: https://rb.gy/cwcfmz Follow Physio Foundations and Perraton Physio at our website www.Perraton.Physio or the Perraton Physio LinkedIn page. Visit our YouTube channel for more: https://www.youtube.com/@PerratonPhysio Follow @PerratonPhysio on Facebook, X (Twitter), Instagram and Linked In. This is a discussion aimed at health professionals and health professional students. Always seek the guidance of a qualified health professional with any questions you may have regarding your health or a medical condition.

Summary: In this episode of the Trainer's Bullpen, host Chris Butler interviews Dr. Jeremy Butler, a kinesiology instructor and martial arts expert, about the intersection of martial arts training and law enforcement. They discuss Dr. Butler's background, the impact of Brazilian Jiu-Jitsu on police officer confidence and performance, and the findings of his research study on the perceptions of officers who train in BJJ. The conversation highlights the importance of martial arts in enhancing officer safety, decision-making, and physical fitness, as well as the transferability of skills learned in BJJ to real-world encounters. In this conversation, Dr. Jeremy Butler discusses the significance of self-efficacy in law enforcement training, particularly in the context of Brazilian Jiu-Jitsu (BJJ). He emphasizes the importance of contextual and realistic training environments that enhance officers' confidence and performance. The discussion also covers the integration of ecological dynamics in control tactics training, the necessity of teamwork and communication in high-pressure situations, and the overall goal of minimizing harm during use of force encounters. Takeaways: • Martial arts training can significantly improve officer confidence and performance. • Over 90% of officers reported improvements in fitness and confidence from BJJ. • Self-defense and fitness are primary motivations for officers to train in martial arts. • The study revealed a positive correlation between training time and officer confidence. • Control techniques in BJJ are highly applicable to law enforcement encounters. • Experience in use of force encounters increases officer self-efficacy. • Transferability of BJJ skills to real-world situations is crucial for officer safety. • A well-rounded skill set in martial arts enhances overall effectiveness in law enforcement. Self-efficacy is crucial for police performance. • Exposure to violence can enhance training outcomes. • Training must be highly contextual and should simulate real-life scenarios. • BJJ training can improve officer confidence. • Teamwork training is essential for transfer to high-pressure combative situations where multiple officers are present. • Understanding principles is key to effective control tactics. • Ecological dynamics can bridge technique and adaptability.

What happens when we set our hosts loose to pick their must-read list of 2024 from papers that didn't make it into the episodes for all kinds of reasons? You get “Wrapping Papers,” a special year-end episode where Jason, Lara, Linda, and Jon share their favorites with you. This episode is a celebration of the scholarship that inspires us—and you. Tune in for lively discussions, shared insights, and a reminder of why this work matters so much.You can find the papers, summary of the discussion and links at the episode webpagePAPERs Podcast are:Hosts: Lara Varpio, Jason Frank, Jonathan Sherbino, Linda SnellTechnical Producer: Samuel LundbergWeb Manager: Alex AlexanderssonExecutive Producer: Teresa SöröThis is a production from Karolinska InstitutetArticles for this episodes: Varpio, L. (2024). Creating Effects in Your Writing—Tools to “Use” (or Not). Perspectives on Medical Education, 13(1).Irlam, J., Reid, S., & Rother, H.-A. (2024). Education about planetary health and sustainable healthcare in low- and middle-income countries: Planetary Health Report Card assessment of perceptions at University of Cape Town Faculty of Health Sciences. Education for Health, 37(1), Article 1.Lingard, L. (2023). Metacommentary: Identifying and Mastering “Dear Reader” Moments. Perspectives on Medical Education, 12(1).Norman, G., Pelaccia, T., Wyer, P., & Sherbino, J. (2024). Dual process models of clinical reasoning: The central role of knowledge in diagnostic expertise. Journal of Evaluation in Clinical Practice, 30(5), 788–796.Stalmeijer, R. E., Brown, M. E. L., & O'Brien, B. C. (2024). How to discuss transferability of qualitative research in health professions education. The Clinical Teacher, 21(6), e13762. https://doi.org/10.1111/tct.13762 Lucas, H. C., Upperman, J. S., & Robinson, J. R. (2024). A systematic review of large language models and their implications in medical education. Medical Education, 58(11), 1276–1285.Mokhachane, M., Wyatt, T., Kuper, A., Green-Thompson, L., & George, A. (2024). Graduates' reflections on professionalism and identity: Intersections of race, gender, and activism. Teaching and Learning in Medicine, 36(3), 312–322.Ellaway, R. H., O'Brien, B. C., Sherbino, J., Maggio, L. A., Artino, A. R. J., Nimmon, L., Park, Y. S., Young, M., & Thomas, A. (2024). Is there a problem with evidence in health professions education? Academic Medicine, 99(8), 841.

#186When most people think about investing in property they focus on everything else except the one factor that should probably be considered first: Tax planning.Property tax specialist Neil Ryder of Property Tax 360 takes us through his Today, Tomorrow and Next week concept of tax planning.During the episode, we discuss:Personalized planning for unique family situationsTrade-offs between income tax and inheritance tax issuesUse of discretionary trustsImportance of keeping estate values under £2 millionUse of Form 17 for income distribution between spousesCreation of a property portfolio through a limited companyStrategies for tax-efficient income extractionIssues with Director's Loans and InterestComplexities of Hybrid PortfoliosIncorporation and latent gains issuesChallenges of remortgaging and personal guarantees when bequeathing propertyunderstanding latent gainsPotential minimization through group structuresInvestment vs. Trading ConsiderationsClassification issues impacting business relief and inheritance taxPurpose of cash reserves in trading companiesThe importance of communication in succession planningCommunication and planning for efficient successionProbate process and limited company ownershipOwnership and deed of trust for property benefitsShareholding structures in limited companiesReturning to the UK and buying propertyImpact of Primary Residence on Inheritance TaxNil rate band considerationsUse of shares in a limited companyEstate implications of jointly owned property by a coupleInheritance tax concerns on "second death"Transferability of unused allowancesWe help time poor professionals get a good return on their money by investing with us. Schedule a callLeave an honest review of Expat Property StoryJoin our Mailing List to join our WhatsApp  group AND access our 37 Question Due Diligence Checklist AND our 23 Step Guide to Buying Property at Auction AND our Monthly NewsletterFollow Us on InstagramWhat's the one thing you're struggling with in UK propertyDetails of where to meet Expat Property Investors (For FREE):Hong Kong: Pacific Coffee, 2/F, Central Building, Central (1st Saturday each month from 11:30 am)Dubai: Holiday Inn, Science Park (1st Wednesday each month from 7pm)Singapore: The Providore at VivoCity (1st Saturday each month  from 10:30 am)KeywordsProperty investment, financial decisions, incorporation, trusts, tax implications, inheritance tax, UK property, estate planning, nil rate band, residential nil rate band, joint property ownership, limited company, tax strategy, discretionary trusts, estate value, tax planning, income tax, capital gains tax, stamp duty land tax, podcast episodes, seasoned property investors, property portfolio, director's loan accounts, latent gains, self-assessment issues, HMRC audits, hybrid property holdings, remortgaging, personal guarantees, business relief, corporate structure.

Unlock Big Tax Savings with Renewable Energy Credits with B•10 Energy B10energy.com About the Guest(s): Eric Gordon is the Vice President of Professional Services at B•10 Energy, a company specializing in renewable energy tax credits. He holds a degree from Boise State University and began his career in accounting before transitioning to commercial real estate. Gordon's professional journey includes a stint as an auditor with Deloitte, where he sharpened skills in areas such as pre-acquisition due diligence and asset purchase negotiations. Outside of his professional commitments, Eric is an avid traveler, baseball fan, and enjoys spending quality time with his family. Episode Summary: In this engaging episode of The Chris Voss Show, host Chris Voss speaks with Eric Gordon, the VP of Professional Services at B•10 Energy, a firm dedicated to assisting individuals and corporations in saving money through renewable energy tax credits. With a blend of insightful conversation and humor, the episode delves into B•10 Energy's mission of making accounting — and by extension, tax savings — an exciting and profitable endeavor for its clients. Eric Gordon discusses the intricacies and benefits of tax credits, particularly focusing on the renewable energy sector. The dialogue covers how B 10 Energy positions itself as a unique player in helping businesses and individuals maximize tax savings, emphasizing the opportunity to invest in tax credits at a discount. Gordon attributes much of his interest in accounting and tax strategy to a motivating early experience with an academic mentor, highlighting how the right guidance can pivot a career trajectory. He opens up about the company's vision of enabling businesses to change the world by offering tools that enhance their financial health. Key Takeaways: The Difference Between Deductions and Credits: Understanding the unique characteristics of tax credits, which provide a direct dollar-for-dollar reduction in tax liability, unlike deductions. Investment Opportunities in Tax Credits: Insights into how profitable corporations and high net worth individuals can leverage renewable energy tax credits for substantial tax savings. Transferability of Tax Credits: Highlighting recent changes stemming from the Inflation Reduction Act, which allows tax credits to become transferable for the first time. Strategic Use of Tax Credits: The pivotal role tax credits play in financial planning for those with significant passive income or those who own C-corporations. Educational Mission: Eric Gordon emphasizes the importance of educating clients and the general public about tax strategies, making them more accessible and actionable. Notable Quotes: "At B•10 Energy, we want to help those changing the world have more resources to keep on changing it." "Understanding some accounting, some taxation can do wonders for business owners and entrepreneurs out there." "The credits are a way the government incentivizes certain behaviors and supports specific industries." "If you're going to spend a hundred dollars, might as well spend ninety and benefit from it." "It's all about the time value of money, and making sure you're utilizing your capital wisely."

In this podcast, Monste Blasco discusses her paper 'Transferability of an executive function intervention in children with cerebral palsy: A randomized controlled trial.'. The paper is available here: https://doi.org/10.1111/dmcn.16057 Follow DMCN on Podbean for more:  https://dmcn.podbean.com/  ___ Watch DMCN Podcasts on YouTube: https://bit.ly/2ONCYiC __ DMCN Journal: Developmental Medicine & Child Neurology (DMCN) has defined the field of paediatric neurology and childhood-onset neurodisability for over 60 years. DMCN disseminates the latest clinical research results globally to enhance the care and improve the lives of disabled children and their families.   DMCN Journal - https://onlinelibrary.wiley.com/journal/14698749 ___ Find us on Twitter! @mackeithpress - https://twitter.com/mackeithpress

The Last Trade: a weekly, bitcoin native, interactive podcast covering where Bitcoin and traditional finance meet on a macro scale. Hosted by Jackson Mikalic, Jesse Myers (Croesus), Michael Tanguma, and a special weekly guest host. Join us as we dive into what Bitcoin means for how individuals & institutions save, invest, and propagate their purchasing power through time. It's not just another asset - in the digital age, it's the Last Trade that investors will ever need to make. 0:00 - Introduction to Jeroen Blokland 10:46 - A message from Onramp 11:29 - Portfolio construction & scarce assets 19:08 - Building future-proof multi-asset portfolios 24:09 - The role of volatility in portfolio construction 28:06 - The appeal of gold in portfolio construction 34:18 - The changing landscape of asset allocation 40:50 - Considering counterparty risk of scarce assets 46:49 - Onramp Multi-Institution Custody 48:17 - Transferability & deliverability of scarce assets 53:42 - Potential disruption of traditional institutions 1:00:25 - Appetite for bitcoin in Europe 1:09:00 - Catalyzing bitcoin adoption through education 1:11:26 - Elections & key macro variables to watch 1:15:55 - Outro We recently released a comprehensive report -- "The Evolution of Bitcoin Custody" -- detailing the origins of financial asset custody, bitcoin's unique custodial properties, the various tradeoffs associated with existing forms of bitcoin custody, and the ongoing maturation of solutions in the marketplace. Download the full report here. We will hosting a webinar on September 10th at 4:15PM EST to discuss this report in detail, delving into the intricate world of bitcoin custody, highlighting its origins, technological advancements, and the disruptive potential of multi-institution custody. Register to attend here. Schedule time with the link below if you would ever like to learn more about Onramp and please sign up for weekly Research and Analysis to get access to the best content in the ecosystem weekly: https://onrampbitcoin.com/contact-us/ https://onrampbitcoin.com/category/onramp-media/

Let us know how we're doing - text us feedback or thoughts on episode contentIn order for the IRA to realize all of the benefits from the subsidies it allocated to renewable energy and advanced manufacturing, the legislation needed to revise how tax credits were going to work. The traditional form of tax equity financing wasn't going to be enough, so the IRA introduced something called tax credit transferability. This new process has opened up the tax credit market to a whole new batch of investors, able to invest in even smaller projects, and at rates that are encouragingly beneficial to the clean energy economy.Paul outlines how this new structure works and the impact that it is already having on clean energy projects.For more research:"Monetizing Energy Tax Credits: A Guide to Transferability and Tax Equity Transactions" - Cherry Bekaert"Understanding Direct Pay and Transferability for Tax Credits in the Inflation Reduction Act" - Cap 20"Transferable Tax Credit Market Intelligence Report, 2023" - CruxFollow Paul on LinkedIn.

For over a century, the U.S. government has provided subsidies – often in the form of tax credits – to support domestic energy production. For renewable energy sources, these tax credits have traditionally subsidized investment (i.e., a project's capital expenditure) and production (i.e., the amount of energy produced by a project). But the Inflation Reduction Act altered these tax credits in a number of ways: it significantly extended their life, massively expanded the technologies eligible for them and made them more easily transferable so that project developers can sell them directly to a wide array of third parties for cash. The transferability provision alone has already supercharged the growth of this market and, as a result, has helped to drive low cost capital to project developers attempting to accelerate the energy transition.  In this episode, Chad Reed and Guy Van Syckle sit down with Alfred Johnson, co-founder and CEO of Crux – a new platform created for developers, tax credit buyers, banks and advisors to manage and transfer tax credits. While an inherently complex and at times eye glazing topic, Alfred dynamically details how his platform works, provides the puts and takes on recent market developments and conveys some sage advice – including lessons from U.S. Secretary of the Treasury Janet Yellen. Links:CruxCrux Quarterly Market Update: 1Q 2024The Alchemist by Paulo CoelhoEpisode recorded May 31, 2024 Email your feedback to Chad, Gil, and Hilary at climatepositive@hasi.com or tweet them to @ClimatePosiPod.

On this week's edition of Crossroads, the infrastructure podcast, CRC-IB partner and managing director, Gary Durden joins the podcast to discuss how the tax credit transfer market is fueling the expansion of the US renewable energy sector.

In this episode, my guest is Dr. David Yeager, Ph.D., professor of psychology at the University of Texas, Austin, and the author of the forthcoming book "10 to 25." We discuss how people of any age can use growth mindset and stress-is-enhancing mindsets to improve motivation and performance. We explain the best mindset for mentors and being mentored and how great leaders motivate others with high standards and support. We also discuss why a sense of purpose is essential to goal pursuit and achievement. Whether you are a parent, teacher, boss, coach, student or someone wanting to improve a skill or overcome a particular challenge, this episode provides an essential framework for adopting performance-enhancing mindsets leading to success. For show notes, including referenced articles, additional resources and people mentioned, please visit hubermanlab.com. Thank you to our sponsors AG1: https://drinkag1.com/huberman AeroPress: https://aeropress.com/huberman ROKA: https://roka.com/huberman Waking Up: https://wakingup.com/huberman Momentous: https://livemomentous.com/huberman Timestamps (00:00:00) Dr. David Yeager (00:01:49) Sponsors: AeroPress & ROKA (00:04:20) Growth Mindset; Performance, Self-Esteem (00:10:31) “Wise” Intervention, Teaching Growth Mindset (00:15:12) Stories & Writing Exercises (00:19:42) Effort Beliefs, Physiologic Stress Response (00:24:44) Stress-Is-Enhancing vs Stress-Is-Debilitating Mindsets (00:29:28) Sponsor: AG1 (00:30:58) Language & Importance, Stressor vs. Stress Response (00:37:54) Physiologic Cues, Threat vs Challenge Response (00:44:35) Mentor Mindset & Leadership; Protector vs Enforcer Mindset (00:53:58) Sponsor: Waking Up (00:55:14) Strivings, Social Hierarchy & Adolescence, Testosterone (01:06:28) Growth Mindset & Transferability, Defensiveness (01:11:36) Challenge, Environment & Growth Mindset (01:19:08) Goal Pursuit, Brain Development & Adaptation (01:24:54) Emotions; Loss vs. Gain & Motivation (01:32:28) Skill Building & Challenge, Purpose Motivation (01:39:59) Contribution Value, Scientific Work & Scrutiny (01:50:01) Self-Interest, Contribution Mindset (01:58:05) Criticism, Negative Workplaces vs. Growth Culture (02:06:51) Critique & Support; Motivation; Standardized Tests (02:16:40) Mindset Research (02:23:53) Zero-Cost Support, Spotify & Apple Reviews, Sponsors, YouTube Feedback, Momentous, Social Media, Neural Network Newsletter Disclaimer

A vote to enable SAFE token transferability goes live. The SEC solicits public comment on ETH ETFs. Ethereum researchers release a study on EIP-7623. And OpenZeppelin Defender supports the Holesky testnet. Read more: https://ethdaily.io/435

On this episode Energy Evolution podcast interviews Alfred Johnson, CEO and co-founder of Crux, about the shift towards clean energy and the tax credits offered by the Inflation Reduction Act (IRA). The IRA is creating hundreds of billions of dollars in tax credits for companies that deploy renewable energy. Transferable tax credits enable companies to sell those credits and access capital quickly. Crux is a platform for developers, tax credit buyers, and financial institutions to transact and manage transferable tax credits. The company's inaugural market report on the state of clean energy tax credit transactions found that there was between $7 billion and $9 billion in volume of 2023 tax credit transactions. They reported that the transferability of the credits levels the playing field for smaller projects and new technologies. Please subscribe to Energy Evolution to stay current on the energy transition and its implications. Veteran journalists Dan Testa and Taylor Kuykendall co-host the show.

On this episode Energy Evolution podcast interviews Alfred Johnson, CEO and co-founder of Crux, about the shift towards clean energy and the tax credits offered by the Inflation Reduction Act (IRA). The IRA is creating hundreds of billions of dollars in tax credits for companies that deploy renewable energy. Transferable tax credits enable companies to sell those credits and access capital quickly. Crux is a platform for developers, tax credit buyers, and financial institutions to transact and manage transferable tax credits. The company's inaugural market report on the state of clean energy tax credit transactions found that there was between $7 billion and $9 billion in volume of 2023 tax credit transactions. They reported that the transferability of the credits levels the playing field for smaller projects and new technologies. Please subscribe to Energy Evolution to stay current on the energy transition and its implications. Veteran journalists Dan Testa and Taylor Kuykendall co-host the show.

The Inflation Reduction Act of 2022 (IRA) bolstered existing clean energy tax credits and incentives and added new ones. Looking forward to 2024, it is important to stay up to date with the qualifications for these various tax credits and incentives and the growing marketplace for transferring credits between buyers and sellers. The Internal Revenue Service (IRS) regularly releases notices and proposed regulations to provide guidance to help taxpayers benefit from these clean energy credits. Cherry Bekaert's Energy Credits and Incentives team stays on top of these important alerts to ensure our clients are best positioned to take advantage of IRA provisions.Brooks Nelson, Partner and Strategic Tax Leader, and Sarah McGregor, Tax Director, talk with Tim Doran, Director, and David Mohimani, Manager, from our Energy Tax Credits and Incentives team, about how companies can take advantage of these tax credits and incentives. They also discuss recent IRS guidance on how taxpayers can monetize these credits by transferring them to potential buyers.Listen to learn more about: 04:03 – IRA overview of investment and production credits06:43 – Section 179D, Section 45L, improvements under IRA09:03 – IRS notices and proposed regulations to maximize credits 16:02 – Examples of other credit boosters based on project materials or location 18:54 – IRA monetization provisionsRelated GuidanceArticle: Take Advantage of New Section 45L Tax Credit Opportunities Under IRAPodcast: IRA Domestic Content Bonus Credit: How To Maximize Your Energy Tax CreditsWebinar: Maximize Tax Savings Through Cost Segregation, Section 179D, and Section 45L Approach and Client Success StoriesPodcast: Energy Savings Revolution – Section 179D for Commercial BuildingsArticle: Capitalizing on Elective Pay and Transferability of Tax Credits Under the Inflation Reduction ActBrochure: A Comprehensive Overview of Energy Tax Credits Under the Inflation Reduction Act of 2022

In this episode of the HNL Movement Podcast, Andrew is joined by Josh Elms, Assistant Director of Strength & Conditioning at the University of Hawaii and former UH baseball pitcher. Josh takes us through his athletic journey, from his early days playing baseball in his small hometown to supporting his wife, Kelly Majam, through her extraordinary and historic softball career at UH. He shares the challenges and triumphs of walking on to the UH baseball team, reflecting on the support and strength they provided each other as student-athletes.Josh delves into his philosophy on strength and conditioning, highlighting the importance of sport-specific training that emphasizes movement quality and functional strength. Listeners will get an inside look at Josh's adaptable approach to conditioning, which integrates various philosophies to cater to the unique demands of each athlete. His story is not just about sports; it's about dedication, adaptability, and the shared journey of athletic and personal growth.Tune in for an inspiring conversation that goes beyond the diamond and into the world of strength and conditioning, offering insights on how to train smart and move better. This episode is a testament to the power of supportive relationships, pursuing your passion, and the dedication required to excel in both life and sport. Enjoy the episode!

In this episode, I'm speaking with the dynamic Dr. Sarah Collins. We discuss Dr. Collins' journey from classroom teacher to principal, and now to her current role as Director of Curriculum. Get inspired and take action with this epsiode! Tips include:   Career Advancement and Goal Setting Courageously sharing ambitions for career advancement Effective leadership skill building Hiring Philosophy and Team Building Philosophy behind hiring educators and building a cohesive team. Skills and Transferability in Teaching Teachers have a wealth of transferable skills; How to recognize and leverage their unique skill sets. Personal Growth and Overcoming Challenges Sarah's personal journey of growth and resilience  Dedication to service Advice for Aspiring Leaders and Educators Self-belief, resilience, and not being constrained by societal expectations Tips for preparing effectively for job interviews and career advancement Freebies: Land a job with the Fast Job Search Webinar  How to land interviews and secure a large salary package Build an irrestible brand confidently on LinkedIn: Free Linkedin Profile Optimization Secure an extra $10,000 - $50,000 in yearly compensation with this free training! Salary Negotiation Training (It's Free!)   About Dr. Sarah Collins Dr. Sarah Collins currently serves as the PK-3rd Grade Director of Academic Equity and Excellence in the Kyrene School District in Tempe, AZ.   She received her bachelor's degree in Elementary Education, with an English as a Second Language Endorsement from Arizona State University in 1998. She earned a Master of Education in Elementary Education in 2002 from Northern Arizona University and a second master's degree in educational leadership in 2013. She earned her doctorate in K-12 Educational Leadership in 2020. She was in school leadership for 12 years, 8 years as a principal, prior to moving to the central office in her current role.   She has been an adjunct faculty member for the Rio Salado Community College teacher preparation program, helping individuals obtain their teaching certification, since 2014. She has a passion for educator support, equitable access for learners and promoting a diverse workforce in public education.    Links:   sarahcollinsaz@gmail.com  linkedin.com/in/dr-sarah-collins

In this podcast episode, Dr. Jonathan H. Westover shares his recent guest lecture titled, "Transferability of Skills and Capabilities in the Shifting Future of Work." Check out all of the podcasts in the HCI Podcast Network! Check out the ⁠HCI Academy⁠: Courses, Micro-Credentials, and Certificates to Upskill and Reskill for the Future of Work! Check out the LinkedIn ⁠Alchemizing Human Capital⁠ Newsletter. Check out Dr. Westover's book, ⁠The Future Leader⁠. Check out Dr. Westover's book, ⁠'Bluer than Indigo' Leadership⁠. Check out Dr. Westover's book, ⁠The Alchemy of Truly Remarkable Leadership⁠. Check out the latest issue of the ⁠Human Capital Leadership magazine⁠. Each HCI Podcast episode (Program, ID No. 627454) has been approved for 0.50 HR (General) recertification credit hours toward aPHR™, aPHRi™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®). Each HCI Podcast episode (Program ID: 24-DP529) has been approved for 0.50 HR (General) SHRM Professional Development Credits (PDCs) for SHRM-CP and SHRM-SCPHR recertification through SHRM, as part of the knowledge and competency programs related to the SHRM Body of Applied Skills and Knowledge™ (the SHRM BASK™). Human Capital Innovations has been pre-approved by the ATD Certification Institute to offer educational programs that can be used towards initial eligibility and recertification of the Certified Professional in Talent Development (CPTD) and Associate Professional in Talent Development (APTD) credentials. Each HCI Podcast episode qualifies for a maximum of 0.50 points.

In this podcast episode, Ryan Ryan discusses the importance of building effective systems for business success. He shares his experience with using visual boards and lean management principles to manage projects and tasks.  Ryan's boutique firm offers tailored solutions and back-office support to clients, showcasing the power of implementing a comprehensive "systems-based" operating system. In this episode, we discussed: Ryan's journey from working long hours to achieving greater freedom and flexibility in his life. How Ryan applied the principles from the book Work the System to his own businesses, creating order, peace of mind, and transferability. Utilizing technology for cross-listing and cardboard systems to make standard work accessible and easy to follow.

As companies move forward with clean energy investments and decarbonization projects, many face questions about which of these projects qualify for tax incentives under the Inflation Reduction Act (IRA), and how best to utilize the act's credits and other green initiatives. In today's episode, Heather Horn welcomes back Matt Haskins, PwC principal, to discuss the latest IRS guidance for IRA initiatives, marketplace transactions, and further considerations for companies looking to take advantage of the IRA. In this episode, you'll hear discussion of:5:06 - Advanced energy project credits under IRS Section 48C, and the status of the current allocation of the $10 billion budgeted pool9:09 - Transferability and timing considerations of tax credits 12:07 - Choosing between investment tax credits and production tax credits14:55 - Risk of recapture of paid tax credits and relevant mitigating strategies23:53 - How a government shutdown would impact IRA initiatives27:59 - Market developments in the hydrogen production tax credit33:07 - The interplay between the IRA and European Union regulations, including the impact of the Carbon Border Adjustment Mechanism (CBAM)36:05 - The importance of evaluating decarbonization costs on an after-tax basisLooking for more information on the European Union's Carbon Border Adjustment Mechanism? Check out our previous podcast on how the CBAM may impact your company.Looking for more information on transferability of IRA credits? Check out our latest publication on accounting for IRA credits and our podcast on renewable energy credits for more information.Matt Haskins is a principal in PwC's Washington National Tax Services, where he leads the firm's Cleantech tax practice, focusing on renewable energy financing and M&A transactions. In addition to writing and speaking on issues in the renewable energy industry, Matt has co-chaired the energy and environmental taxes working group for the US Council on International Business and served as a delegate for key energy initiatives of the Organization for Economic Cooperation and Development.Heather Horn is PwC's National Office thought leader, responsible for developing our communications strategy and conveying firm positions on accounting and financial reporting matters. She is the engaging host of PwC's accounting and reporting weekly podcast and quarterly webcast series. With over 30 years of experience, Heather's accounting and auditing expertise includes financial instruments and rate-regulated accounting.Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to us_podcast@pwc.com.

In this enlightening episode, we are joined by Dr. Trill Paullin, PhD, co-founder of Free to Feed, as she shares invaluable insights on managing breastfeeding when your baby has allergies. Join us as we explore the challenges faced by parents in this situation and discover empowering strategies to navigate this unique breastfeeding journey. Dr. Paullin, a renowned expert in the field, sheds light on identifying common allergens, understanding allergic reactions, and adapting your diet to accommodate your baby's needs. Through her wealth of knowledge and compassionate guidance, you'll gain practical tips, reassurance, and the confidence to provide optimal nourishment for your little one. Whether you're already facing the complexities of breastfeeding with allergies or simply seeking proactive advice, this episode will equip you with the tools to nurture your baby's health while nurturing your breastfeeding relationship.Connect with Free to Feed:Instagram: @free.to.feedWebsite: https://www.freetofeed.com/Consultations: https://www.freetofeed.com/consultsEmail: info@freetofeed.comFollow Milk Diva:www.MilkDiva.com IG: https://www.instagram.com/milk_divaFB: https://www.facebook.com/MilkDivaAustin/Pregnant and in need of some guidance? Don't fret! Snag your FREE 11-page breastfeeding survival guide right here: [https://milkdiva.myflodesk.com/survivalguide]. We've got you covered every step of the way.And for our dedicated Doula and Birth Professional friends, don't miss out! Get your hands on our free Newborn Feeding Swipe File by visiting [https://www.milkdiva.com/newborn-feeding.html]. This podcast is provided for educational and informational purposes only and does not constitute providing medical advice or professional services. The information provided should not be used for diagnosing or treating a health problem or disease, and those seeking personal medical advice should consult with a licensed physician. Always seek the advice of your doctor or other qualified health provider regarding a medical condition. Never disregard professional medical advice or delay in seeking it because of something you have on Milk Diva's podcast or website.

In this episode, Nathan sits down with three researchers at Carnegie Mellon studying adversarial attacks and mimetic initialization: Zico Kolter, Andy Zou, and Asher Trockman. They discuss: the motivation behind researching universal adversarial attacks on language models, how the attacks work, and the short term harms and long term risks of these jailbreaks. If you're looking for an ERP platform, check out our sponsor, NetSuite: http://netsuite.com/cognitive TIMESTAMPS: [00:00:00] - Introducing the podcast and guests Zico Kolter, Andy Zou, and Asher Trockman [00:06:32] - Discussing the motivation and high-level strategy for the universal adversarial attack on language models [00:09:33] - Explaining how the attacks work by adding nonsense tokens to maximize target sequence probability [00:11:06] - Comparing to prior adversarial attacks in vision models [00:13:47] - Details on the attack optimization process and discrete token search [00:17:09] - The empirical notion of "mode switching" in the language models [00:21:18] - Technical details on gradient computation across multiple models and prompts [00:23:46] - Operating in one-hot vector space rather than continuous embeddings [00:25:50] - Evaluating candidate substitutions across all positions to find the best update [00:28:05] - Running the attack optimization for hundreds of steps across multiple GPUs [00:39:14] - The difficulty of understanding the loss landscape and internal model workings [00:43:55] - The flexibility afforded by separating the loss and optimization approach [00:48:16] - The challenges of creating inherently robust models via adversarial training [00:52:34] - Potential approaches to defense through filtering or inherent model robustness [00:55:51] - Transferability results to commercial models like GPT-4 and Claude [00:59:25] - Hypotheses on why the attacks transfer across different model architectures [01:04:36] - The mix of human-interpretable and nonsense features in effective attacks [01:08:29] - The appearance of intuitive manual jailbreak triggers in some attacks [01:15:33] - Short-term harms of attacks vs long-term risks [01:18:37] - Influencing those with incomplete understanding of LLMs to appreciate differences from human reasoning [01:24:16] - Mitigating risks by training on filtered datasets vs broad web data [01:2916] - Curriculum learning as a strategy for both capability and safety [01:30:35] - Influencing developers building autonomous systems with LLMs [01:33:19] - Alienness of LLM failure modes compared to human reasoning [01:35:45] - Getting inspiration from biological visual system structure [01:40:35] - Initialization as an alternative to pretraining for small datasets [01:51:41] - Encoding useful structures like grammars in initialization without training [02:12:10] - Most ideas don't progress to research projects [02:13:02] - Pursuing ideas based on interest and feasibility [02:15:14] - Fun of exploring uncharted territory in ML research LINKS: Adversarial Attacks Paper: https://arxiv.org/abs/2307.15043 Mimetic Initialization on Self-Attention Layers: https://arxiv.org/pdf/2305.09828.pdf X/Social: @zicokolter (Zico Kolter) @andyzou_jiaming (Andy Zou) @ashertrockman (Asher Trockman) @CogRev_podcast SPONSORS: NetSuite | Omneky NetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you're looking for an ERP platform ✅ head to NetSuite: http://netsuite.com/cognitive and download your own customized KPI checklist. Omneky is an omnichannel creative generation platform that lets you launch hundreds of thousands of ad iterations that actually work customized across all platforms, with a click of a button. Omneky combines generative AI and real-time advertising data. Mention "Cog Rev" for 10% off. Music Credit: Stableaudio.com

What are the key new rules related to payment and transferability associated with energy projects? Find out in the latest Tax News & Views podcast.

In the latest episode of Tax Sound Bytes, a podcast series from the Tax Practice Group covering issues affecting federal and international tax, Eversheds Sutherland Partners David Blair and Xenia Garofalo explore the Inflation Reduction Act's direct pay and transferability provisions as moderated by Associate Anna Hargett.   David and Xenia discuss at-length who is impacted by these provisions, key issues to note and the path forward, in their view.

The Inflation Reduction Act of 2022 created two new ways to monetize renewable energy tax credits (RETCs): 1) transferability, the ability to transfer certain RETCs as if they were separate property, and 2) elective pay or direct pay, the ability for certain tax-exempt owners of renewable energy property to report certain RETCs on their tax returns, and in turn, have the Internal Revenue Service refund the tax credits. Treasury recently held separate public hearings on their proposed guidance for transferability and for elective pay. In this week's episode, Michael Novogradac, CPA, and Novogradac partner Alvin Lee, CPA, discuss where the industry stands on using transferability and elective pay, when renewable energy property owners might consider the various options and what types of stakeholder questions remain.

The Inflation Reduction Act of 2022 created two new ways to monetize renewable energy tax credits (RETCs): 1) transferability, the ability to transfer certain RETCs as if they were separate property, and 2) elective pay or direct pay, the ability for certain tax-exempt owners of renewable energy property to report certain RETCs on their tax returns, and in turn, have the Internal Revenue Service refund the tax credits. Treasury recently held separate public hearings on their proposed guidance for transferability and for elective pay. In this week's episode, Michael Novogradac, CPA, and Novogradac partner Alvin Lee, CPA, discuss where the industry stands on using transferability and elective pay, when renewable energy property owners might consider the various options and what types of stakeholder questions remain.

Episode Summary In this episode of Solar Maverick Podcast,  Benoy speaks to Adam Schurle who is a Tax Partner with Foley & Lardner.  Adam speaks primarily about the transferability guidance provided by the IRS on the Inflation Reduction(“IRA”) and he also talks about the IRS guidance on Tax Credit Sales and Direct Cash Payments.   Benoy Thanjan Benoy Thanjan is the Founder and CEO of Reneu Energy and he is also an advisor for several solar startup companies.  He has extensive project origination, development, and financial experience in the renewable energy industry and in the environmental commodities market.   This includes initial site evaluation, permitting, financing, sourcing equipment, and negotiating the long-term energy and environmental commodities off-take agreements. He manages due diligence processes on land, permitting, and utility interconnection and is in charge of financing and structuring through Note to Proceed (“NTP”) to Commercial Operation Date (“COD”). Benoy composes teams suitable for all project development and construction tasks. He is also involved in project planning and pipeline financial modeling. He has been part of all sides of the transaction and this allows him to provide unique perspectives and value. Benoy has extensive experience in financial engineering to make solar projects profitable. Before founding Reneu Energy, he was the Environmental Commodities Trader in the Project Finance Group for SolarCity which merged with Tesla in 2016.  He originated SREC trades with buyers and co-developed their SREC monetization and hedging strategy with the senior management of Tesla to move into the east coast markets.  Benoy was the Vice President at Vanguard Energy Partners which is a national solar installer where he focused on project finance solutions for commercial scale solar projects.  He also worked for Ridgewood Renewable Power, a private equity fund, where he analyzed potential investments in renewable energy projects and worked on maximizing the financial return of the projects in the portfolio.  Benoy also worked on the sale of all of the renewable energy projects in Ridgewood's portfolio.   He was in the Energy Structured Finance practice for Deloitte & Touche and in Financial Advisory Services practice at Ernst & Young.  Benoy received his first experience in Finance as an intern at D.E. Shaw & Co., which is a global investment firm with 37 billion dollars in investment capital. He has a MBA in Finance from Rutgers University and a BS in Finance and Economics from the Stern School of Business at New York University.  Benoy was an Alumni Scholar at the Stern School of Business.     Adam Schurle Adam Schurle is a Partner and business law attorney with Foley & Lardner LLP. Adam is based in the Milwaukee office where he is a member of the Tax Practice Group. Adam counsels on a wide variety of federal and state tax matters, including issues relating to entity formation, corporate mergers and acquisitions, transactions involving partnerships, S corporations, limited liability companies and other pass-through entities, and tax aspects of compensation arrangements. A significant portion of Adam's practice is focused on tax advice for developers and financial institutions in wind, solar, hydroelectric, biomass and other renewable energy finance transactions. He helps these clients qualify for federal, state and local tax incentives and implement transaction structures that maximize the value of those incentives.  Adam also frequently advises clients with respect to tax incentives related to energy transition projects and investments, including Section 45Q carbon capture and sequestration credits.   Stay connected: Benoy Thanjan Website: www.reneuenergy.com Email: info@renewenergy.com LinkedIn: Benoy Thanjan Facebook: Reneu Energy   Adam Schurle Phone:  414.297.5158 Email:  aschurle@foley.com Linkedin:  https://www.linkedin.com/in/adamschurle Website:  https://www.foley.com/en IRS Releases Guidance on Tax Credit Sales and Direct Cash Payments written by Adam https://www.foley.com/en/insights/publications/2023/06/irs-guidance-tax-credit-sales-direct-cash-payments. Powered By Foley Podcast https://podcasts.apple.com/us/podcast/powered-by-foley/id1629499243 Empower Virtual Conference 2023 created by Aurora Solar https://aurorasolar.com/empower-2023/    Subscribe to our podcast + download each episode on iTunes, Podbean, YouTube, and most of the major podcast platforms.   This episode was produced and managed by Podcast Laundry.  

This week on the Pacey Performance Podcast, Rob is speaking to Professor of Biomechanics, Tony Blazevich. Today it's all about topics that have generated a lot of discussion in recent years and putting them through a scientific and objective lens. The first half of the episode is all about activation sessions. We have all watched Premier League games on the TV and seen the players walking around with elastic bands around their knees or ankles, or them lying on the floor doing single leg bridges. So what does "activation" or sometimes called "pre-activation" actually do? Does it doing anything? Does it do what we think it does? We dive deep into this topic with Tony. In the second half of the episode we chat about asymmetries. We chat about the magic 10% rule where if an athlete is 10% and its a problem. Where did that 10% rule actually come from and do we need to be worried about asymmetries? We also chat about how these are actually measured and interchangeability of data from different methods. Then we finish off with a fun chat about sprint mechanics as this was Tony's area when doing his PhD. If you wanted a no holds barred look at some popular methods in pro sport, this one is for you. Main talking points - Warm-ups - do we really need them? Activation sessions - the good, the bad and the ugly Asymmetries and the 10% asymmetry finger in the air Methods of assessing asymmetries Transferability of asymmetry data - can we infer asymmetries in running from jumping? Sprint mechanics Using a technical model in team sports The (over) use of sprint drills and their role in improving mechanics Kinematic analysis 

In the nursing industry, there is a common misconception that being a mature-aged candidate is a disadvantage when applying for jobs. However, in this episode, I challenged this belief and highlighted the advantages of being a seasoned human in the nursing industry.I addressed the myths surrounding age and experience in the field, arguing that ageism is not prevalent in the industry. Instead, I emphasized the value of life and career experience for mature-aged job applicants. In conclusion, the nursing industry needs to shift its perception of mature-aged candidates and recognize the unique strengths and skills they bring to the table. Make sure to listen to the full episode as I offer valuable insights and perspectives on how to harness life experience and maturity as a superpower in the nursing career.Key takeaways:02:42 - Addressing the Myth of Being "Too Old"06:14 - It is your Superpower07:19 - Transferability of your Skills11:55 - Moving Forward as a Mature, Seasoned Human Being15:22 - How to Sell Your Skillset and Stand Out as a Mature Job SeekerThanks for listening!Loved the episode? Leave us a review!Want to dive deeper into this episode and search for something particular? Use our AI to search here!5 Ways we can support you in your nursing career ✅Join our Free Nurse Career Growth Hub and access our free nursing application, interview and career growth guides here!Join our Nurse Career Academy and work with us to help guarantee your next nursing role!Book a free Career Clarity Call with Liam to discuss your career situation!Join our private FB community to surround yourself with like minded nurses!Check out our Youtube Channel for more nurse career support!Looking for awesome comfy Scrubs? ❤️ We are so grateful to BizCare for sponsoring the High Performance Nursing Podcast!Click here to snag some scrubs! PS: this is NOT an affiliate link, meaning I do not make money if you use this link and the upside? You get AWESOME scrubs!

The Inflation Reduction Act of 2022 allows for the transferability of certain renewable energy tax credits, including the production tax credit (PTC) and the investment tax credit (ITC). As the renewable energy community awaits further guidance from the Internal Revenue Service, Michael Novogradac, CPA, and Josh Morris, CPA, discuss in this week's podcast the basics of transferability, including how it compares to more traditional renewable energy partnership structures. They discuss possible issues around timing and recapture, as well as anticipated guidance about transferability of renewable energy tax credits.

The Inflation Reduction Act of 2022 allows for the transferability of certain renewable energy tax credits, including the production tax credit (PTC) and the investment tax credit (ITC). As the renewable energy community awaits further guidance from the Internal Revenue Service, Michael Novogradac, CPA, and Josh Morris, CPA, discuss in this week's podcast the basics of transferability, including how it compares to more traditional renewable energy partnership structures. They discuss possible issues around timing and recapture, as well as anticipated guidance about transferability of renewable energy tax credits.

EMP | On Sale Now - Seasonal Retreats: https://www.evolvemoveplay.com/retreats - EMP UK & US Weekend Workshops: https://www.evolvemoveplay.com/workshops - Online Natural Movement Courses: https://learn.evolvemoveplay.com/choose-your-own-adventure1672680678329 Welcome back to the Evolve Move Play Podcast! Today we're joined by Austin Jochum. Austin is the owner of Jochum Strength, where he's been helping his athletes improve their game through exposing them to a wide variety of complex movement practices while utilizing a play-based, constraints led approach in training. In this conversation we're going to look at some of the specific ways he's been implementing his method, the benefits that he's seen in both his own performance and that of his athletes, the importance of using play to drive progress and fuel motivation, and the immense responsibility that coaches have in properly developing both the physical and mental qualities within their athletes and students. I really enjoyed this conversation, and if you do too, please be sure to like, share, and subscribe if you aren't already. TIMESTAMPS 00:00 - Intro 00:17 – Internal Ad 02:35 - Bouldering Benefits 07:31 - The Transferability of Complexity 13:25 - Utilizing Play for Sports Performance 17:20 - Embracing Strengths and Addressing Weaknesses 26:13 - From Meathead to Movement Maven 32:11 - Fragile Strength 36:49 - Detrimental Coaching Practices & Placebo Effects 47:16 - Feeding and Escaping the Fragile Mindset 59:14 - Balancing Metrics and Intuitive Progress Tracking 01:03:46 - Athletic Programming 01:10:41 - Influences and Applications EMP | Visit Us Online - EMP Website: https://www.evolvemoveplay.com - IG: @RafeKelly - http://www.instagram.com/rafekelley/ - FB: @RafeKelleyMovement - https://www.facebook.com/RafeKelleyMovement - Twitter: @rafekelley - https://twitter.com/rafekelley - YT Subscribe: https://www.youtube.com/user/Faelcind?sub_confirmation=1 - Become a Patron: https://www.patreon.com/rafekelley Austin Jochum -IG: https://www.instagram.com/austinjochum/ -Web: https://www.jochumstrength.com/

Ben and Tim are interviewed by Emily and Callum from Golds Gym. *********** The SAS guys with MBA's and Authors of the best-selling book 'The Resilience Shield' join us on the Gold's Gym podcast! Tim Curtis and Ben Pronk are leaders in their field and chat to us about all things resilience. You can also take their test to find out how resilient you are. Assess, understand and improve your resilience here: https://resilienceshield.com/assess-your-resilience/ Resilience is a lifelong individual endeavour and you can get active in your own rescue. Here's a brief overview of what you can expect to learn in this episode: What is resilience and why is it important? What is the Resilience Shield and what are the layers? How does stress affect your resilience? How do you foster an environment to develop resilient kids? Fitness vs Toughness Show me your friends, show me your future: Why this statement determines whether or not you are flourishing Can you train mindset? Gut microbiome Wim Hof breathing Transcendental meditation Being curious about who you are and surfing your thoughts How self-compassion and self-forgiveness is linked to meditation What is the secret to being successful? Transferability of techniques This is an episode you're going to want to listen to multiple times over to absorb all of the information. Download today! Find the guys on social media: @resilienceshield   Music by The Externals

Lauren Collins, a partner at Vinson & Elkins, joins the show to explain how the tax incentives in the Inflation Reduction Act stand to not only boost the deployment of renewable energy in the U.S., but also create new tax credit markets that might attract investment funds and retail investors. Collins also highlights one key area of the energy puzzle that the IRA has unfortunately overlooked.Key Highlights3:44 - The most important tax aspects of the bill  - PTC, ITC, Standalone Storage, Bonus credits6:00 - The new technology neutral credit regime and leveling the playing field for smaller players9:09 - Credit flexibility provisions (Direct pay and Transferability)12:20 - Bonus credits and "Stacking" (Domestic Content, Energy Community and Low-Income)17:10 - Prevailing wage provisions19:26 - What about Hydrogen, Nuclear and Carbon Capture Utilization and Storage (CCUS)?23:38 - Making room for Manufacturing, Minerals and Mining tax credits26:15 - Which aspects of the IRA are overhyped?28:21 - A new industry and marketplace for tax credits and tax professionals29:30 - The 'missing piece' in the legislation30:27 - Which aspects of the legislation are flying under the radar? Transmission misses out33:30 - Bold predictions - Credit investment funds enter financial markets ... and so do retail investors!More resources from Vinson & ElkinsRenewable Reboot: A Download on the Inflation Reduction Act of 2022 – Clean Energy Tax ProvisionsION Automation positively transforms the lives of people and business.

It's all happening! The U.S. Congress finally took action to try to stem the tide of climate change. The Inflation Reduction Act (IRA) includes $369 billion of climate and clean energy initiatives -- and tax incentives represent a huge chunk of that amount. Lauren Collins, a partner at Vinson & Elkins, joins the show to explain how the plethora of tax incentives in the IRA stand to boost the deployment of renewable energy in the U.S. From Production Tax Credits and Investment Tax Credits to various Bonus Credits and the potential for investment funds and retail investors to start trading in new tax credit markets, Collins covers it all. She also highlights one key area of the energy puzzle that the IRA has unfortunately overlooked.Key Highlights3:44 - The most important tax aspects of the bill  - PTC, ITC, Standalone Storage, Bonus credits 6:00 - The new technology neutral credit regime and leveling the playing field for smaller players9:09 - Credit flexibility provisions (Direct pay and Transferability)12:20 - Bonus credits and "Stacking" (Domestic Content, Energy Community and Low-Income)17:10 - Prevailing wage provisions19:26 - What about Hydrogen, Nuclear and Carbon Capture Utilization and Storage (CCUS)?23:38 - Making room for Manufacturing, Minerals and Mining tax credits26:15 - Which aspects of the IRA are overhyped?28:21 - A new industry and marketplace for tax credits and tax professionals29:30 - The 'missing piece' in the legislation30:27 - Which aspects of the legislation are flying under the radar? Transmission misses out33:30 - Bold predictions - Credit investment funds enter financial markets ... and so do retail investors!More resources from Vinson & ElkinsRenewable Reboot: A Download on the Inflation Reduction Act of 2022 – Clean Energy Tax ProvisionsSign up for the Renewable Energy SmartBriefFollow the show on Twitter @RenewablesPodABS Quality Evaluations Global Leader in Certified Performance

Welcome back to another episode. Today we will be speaking with Michelle Yuen and her transferability of unique skills towards the music industry. She currently works at Chartmetric as a Business Intelligence Analyst. Michelle doesn't really have a background in data analytics. She studied psychology with minors in BEMT (Business of Entertainment, Media and Technology) and Child & Adolescent Mental Health Studies at NYU. She took a statistics course in college and become more inquisitive of analytics. She wears many different hats at Chartmetric including: developing strong business relationships and partnerships, working with trade associations, helping out the educational college sector especially increasing awareness about the platform, and finally developing a stronger client base by supporting the CCO with larger/key accounts. Michelle has also developed two key initiatives for Chartmetric including Make Music Equal, as well as Chartmetric's academic initiative. She is going to explain the initiatives she developed, her experience transitioning from an intern to a full-time employee, and her background and what it's like to live in Amsterdam. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

in this bonus episode, we share Succession Stories latest podcast with our host Nana Bonsu! This week on Succession Stories, Laurie Barkman hosts fellow Certified Value Builder Advisor, Nana Bonsu for a conversation on business growth and transferability. Nana is the Founder CEO of Infinite Horizons, and he works with business owners on building value to make them easier to transfer during the M&A process. This discussion touches on common misconceptions owners often have about their business value, future readiness, and tackling key challenges that come up during transition. Listen in to learn more about: The underlying importance of growth potential How transferability affects business value Key value drivers for your business Scalability Finder strategies and differentiation Show Links: https://www.linkedin.com/in/nanabonsu1 https://infhorizons.com/about-certified-value-builder-advisor/ nbonsu@infhorizons.com Is this the year to sell your company? Don't leave your exit to chance. Stony Hill Advisors works with owners like you to get ready and maximize value when you're ready to sell. Visit www.stonyhilladvisors.com/podcast for a complimentary business valuation. About Succession Stories Podcast Succession Stories is hosted by Laurie Barkman, the Business Transition Sherpa-- guiding business owners through the process from "transition to transaction." Learn more at https://smalldotbig.com Book a 1:1 Advisory call at: www.meetlauriebarkman.com lbarkman@smalldotbig.comProductize, Small Business, Growth, Diversification, Concentration, exit strategy, efficiency,(c) 2021, Build Value By Choice: https://infhorizons.com/This show was brought to you by Progressive Media

If you are an entrepreneur, this is the most important business concept to create massive wealth! If you have a career, this is just as important to you as well.

*SHOW TIMESTAMPS FEATURED AT THE END*In this episode, Gerry starts things off as usual with a recap of last week's episode on building a social media brand and discusses some of the key points from the episode. Then, he gets into his favorite tweets from the past week as well as answering one of YOUR questions.From there, the conversation shifts to the show topic, "sport specific training." Gerry talks about his preference for the terms transferability over specificity and the pitfalls of looking at the surface of a sport movement and trying to replicate it in training.Then, everything you need to know about transferability is addressed including watching sport, learning about it and aiming to find all the aspects that go into a movement. This includes planes of motion, speed of movement, energy systems and more.If you want to better understand the balance and relationship between training and sport, this episode is for you!All that and more on this episode of Muscles and Management!Support the show (http://www.challengerstrength.com)

#grafting #adam #sgd The last years in deep learning research have given rise to a plethora of different optimization algorithms, such as SGD, AdaGrad, Adam, LARS, LAMB, etc. which all claim to have their special peculiarities and advantages. In general, all algorithms modify two major things: The (implicit) learning rate schedule, and a correction to the gradient direction. This paper introduces grafting, which allows to transfer the induced learning rate schedule of one optimizer to another one. In that, the paper shows that much of the benefits of adaptive methods (e.g. Adam) are actually due to this schedule, and not necessarily to the gradient direction correction. Grafting allows for more fundamental research into differences and commonalities between optimizers, and a derived version of it makes it possible to computes static learning rate corrections for SGD, which potentially allows for large savings of GPU memory. OUTLINE 0:00 - Rant about Reviewer #2 6:25 - Intro & Overview 12:25 - Adaptive Optimization Methods 20:15 - Grafting Algorithm 26:45 - Experimental Results 31:35 - Static Transfer of Learning Rate Ratios 35:25 - Conclusion & Discussion Paper (OpenReview): https://openreview.net/forum?id=FpKgG... Old Paper (Arxiv): https://arxiv.org/abs/2002.11803 Our Discord: https://discord.gg/4H8xxDF Abstract: In the empirical science of training large neural networks, the learning rate schedule is a notoriously challenging-to-tune hyperparameter, which can depend on all other properties (architecture, optimizer, batch size, dataset, regularization, ...) of the problem. In this work, we probe the entanglements between the optimizer and the learning rate schedule. We propose the technique of optimizer grafting, which allows for the transfer of the overall implicit step size schedule from a tuned optimizer to a new optimizer, preserving empirical performance. This provides a robust plug-and-play baseline for optimizer comparisons, leading to reductions to the computational cost of optimizer hyperparameter search. Using grafting, we discover a non-adaptive learning rate correction to SGD which allows it to train a BERT model to state-of-the-art performance. Besides providing a resource-saving tool for practitioners, the invariances discovered via grafting shed light on the successes and failure modes of optimizers in deep learning. Authors: Anonymous (Under Review) Links: TabNine Code Completion (Referral): http://bit.ly/tabnine-yannick YouTube: https://www.youtube.com/c/yannickilcher Twitter: https://twitter.com/ykilcher Discord: https://discord.gg/4H8xxDF BitChute: https://www.bitchute.com/channel/yann... LinkedIn: https://www.linkedin.com/in/ykilcher BiliBili: https://space.bilibili.com/2017636191 If you want to support me, the best thing to do is to share out the content :) If you want to support me financially (completely optional and voluntary, but a lot of people have asked for this): SubscribeStar: https://www.subscribestar.com/yannick... Patreon: https://www.patreon.com/yannickilcher Bitcoin (BTC): bc1q49lsw3q325tr58ygf8sudx2dqfguclvngvy2cq Ethereum (ETH): 0x7ad3513E3B8f66799f507Aa7874b1B0eBC7F85e2 Litecoin (LTC): LQW2TRyKYetVC8WjFkhpPhtpbDM4Vw7r9m Monero (XMR): 4ACL8AGrEo5hAir8A9CeVrW8pEauWvnp1WnSDZxW7tziCDLhZAGsgzhRQABDnFy8yuM9fWJDviJPHKRjV4FWt19CJZN9D4n

Time and time again buyers evaluate businesses on a few main criteria. It's called the 4 Pillars of Value and it helps determine whether a business has a high multiple or lower multiple. 1. Risk Mitigation 2. Growth Prospects 3. Transferability 4. Documentation / Verifiability This is a framework from Quiet Light which I've linked to their blog below. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 https://quietlight.com/four-pillars-infographic/ Sponsor: Live Oak Bank is a seasoned SMB lender providing SBA and conventional financing for search funds, independent sponsors, private equity firms, and individuals looking to acquire lower middle-market companies. www.liveoakbank.com Lisa Forrest - Lisa.forrest@liveoak.bank 10 Step Video series to Finding a Company to Buy - http://letsbuyabusiness.com/video Ryan Twitter - https://twitter.com/RyanPaulCondie 

In our newest episode, we talk to Joe Valley, a Certified Mergers and Acquisitions Professional. After facilitating nearly 1⁄2 billion in exits, Joe has written the bestselling book "The EXITpreneur's Playbook" to help online business owners get the maximum value and best deal structure when they seek an exit.  Tune in for Joe's insights, and don't forget to download three free chapters from his book, just for the Ecwid community: Chapter 11: Identify All Your Add-Backs Chapter 13: FBA Roll-ups, Yeah or Nay? Chapter 15: Structuring the Deal You can download the chapters in the Ecwid Blog: https://www.ecwid.com/blog/becoming-an-exitpreneur-with-joe-valley.html Some key insights of the podcast include: Getting the Basics Right to Build on Your Foundation Set a specific goal for your exit time and value.  Getting the basics right starts with getting your books and accounting in order. Understanding a seller's discretionary revenue is the key to understanding the actual value of your business. The Peculiarities of Selling a Business C-Corporations are harder to sell because they involve an asset sale, not a stock sale.  However, more than just assets will be involved in the contract. Post-sale, you'll need to stick around and help with the transition. For most business owners, the most money is made at the exit.  Becoming an Exitpreneur Learning to look at your business as a short-term project can help you build something great. Shifting your mindset from being an entrepreneur to an Exitpreneur, can be exhilarating, but difficult for some people. What Revenue Levels Are Buyers Looking for Today? The four things buyers look at while deciding on a deal are: Risk, Growth, Transferability, and Documentation. High total discretionary earning is the goal. Two-year-old businesses with six-figure discretionary earnings are ideal. Sell on growth years. Ecwid Podcast on Ecwid https://www.ecwid.com/blog/podcast Ecwid Social Social Profiles:  Facebook: https://www.facebook.com/ecwid Instagram: https://www.instagram.com/ecwid/ Youtube: https://www.youtube.com/user/EcwidTeam Twitter: https://twitter.com/ecwid Pinterest: https://www.pinterest.com/ecwid/ Jesse Ness Social Profiles: LinkedIn: https://www.linkedin.com/in/jesseness/ Richard “RichE” Otey Social Profiles: LinkedIn: https://www.linkedin.com/in/richardotey/ Twitter: https://twitter.com/RichardOtey 

Episode SummaryDr. Martin Ian Jones on elevating human performanceShow Notes01:00 – Dr. Jones introduces himself03:35 – Foundational principles of elevating performance05:45 – Importance of sleep in elevating performance09:25 – Psychology of elevating performance15:00 – Practicing skills like self-talk18:00 – Focusing on developing your cognitive skills26:00 – Transferability of cognitive skills across different aspects of life28:30 – Example of developing cognitive skills in a half-marathon setting31:20 – Importance of having a strong motivation (“the why”) for training38:25 – Techniques to stay committed to your goal43:45 – Recommendations of resourcesFollow Dr. Martin I. JonesWebsite:https://duratusuk.com/homeInstagram:@ophumanperformanceRecommendations on ResourcesGoal Setting Course by Dr. Martin I. Jones: https://duratus-uk.teachable.com/coursesPodcast: “The Duratus Mind Podcast”  by Garry Banford BooksEndure by Alex Hutchinson - Amazon LinkThe Obstacle is the Way by Ryan Holiday - Amazon LinkHow to Think Like a Roman Emperor by Donald Robertson - Amazon LinkContact Details for Running and Fitness with RajWebsite: runfitraj.comemail:runningandfitnesswithraj@gmail.comFacebook Group:Running and Fitness with RajInstagram:@runningandfitnesswithrajTwitter @RunningRaj Listen and SubscribeThank you for listening and supporting "Running and Fitness with Raj". If you enjoy the show, please subscribe, spread the word and rate & review on iTunes or wherever you are listening to your podcast.AppleSpotifyJioSaavnGoogle PodcastsStitcherCastboxTuneInPodcast AddictPodchaser

This week I'll sit down with Ganes Kesari, Chief Decision Scientist at Gramener, the company behind Gramex and an innovative rising star. Ganes is a contributor in leading magazines such as Forbes, TechCrunch, Entrepreneur, and The Enterprisers Project. He won the 2020 CSuite Award for best blog by a business leader. He has taught at Princeton University and Indian Business School and has been invited to speak at TED, O'Reilly Strata, Microsoft, and Intel events. Timestamps 00:00 intro 03:04 Gaining Business Value from AI Initiative, Establishing Baselines 08:41 Human vs AI performance baseline, Long Term Benefits of AI 10:30 Netflix's Recommendation Engine Competition, Failed ROI and Model Accuracy 15:40 GCP losses, Data and Model Drifts, Bulls Eye in a Moving Target 19:40 Data Maturity Assessment Tool, 5 Stage Roadmap 23:20 Logging in Personal Journal, 4 years, 120,000 data points. 25:40 From Siloed Modules to End to End Flow, Gramex Unified Architecture 29:30 Gramener Game Plan, Services vs Platform 34:28 Using ModelHandler to Furnish Realtime Business Visualizations 36:51 WorldBank Data Visualisation of Technology and Entrepreneurship Report, Data Story Component 42:33 Data Journalism at Guardian, Character and Plot Visualisation of Hindu Epic Saga Mahabharata, Shakespeare's Sonnets, Hans Rosling and GapMinder 47:18 Airtel Contract Deals 49:51 IITs, IIMs, Geeks and Humor 54:22 Education in India, SAT scores and Path Ahead 58:50 Industry-Academic Partnerships and Practical Experience 01:03:00 AI Adoption Pain Points, Cybersecurity, Regulation, Fairness and Explainability 01:07:00 CNA Financial $40M ransom payment and AI Adoption Correlation 01:13:00 Increasing Bain & Company's Net Promote Score for a Computer Manufacturer 01:20:19 Backing in Himalayas and Monastery in Bhutan 01:25:25 AI in Biodiversity, Rhinoceros, Penguins and Whale Shark as Endangered Species 01:30:01 Google Vertex AI, Alteryx, Knime vs Gramex, Future Strategy 01:35:30 Slidesense, Business Reports and Powerpoint Integration 01:39:26 Explaining DeepLearning to your Daughter, Whitehat Jr Scam 01:45:00 How Technology is changing Social Landscape 01:47:26 Chess Champion, Garry Kasparov and DeepBlue Game 01:51:30 Chess and IQ, Narrow Intelligence and Transferability 01:53:01 Tesla Killing Jaywalker and AI's Mindless Application 01:55:00 G7 Summit 2020 and AI war between US & China 01:58:33 Smart Twins, Enterprise Mass Production & Gramex

Performing reliably on unseen or shifting data distributions is a difficult challenge for modern vision systems, even slight corruptions or transformations of images are enough to slash the accuracy of state-of-the-art classifiers. When an adversary is allowed to modify an input image directly, models can be manipulated into predicting anything even when there is no perceptible change, this is known an adversarial example. The ideal definition of an adversarial example is when humans consistently say two pictures are the same but a machine disagrees. Hadi Salman, a Ph.D student at MIT (ex-Uber and Microsoft Research) started thinking about how adversarial robustness could be leveraged beyond security. He realised that the phenomenon of adversarial examples could actually be turned upside down to lead to more robust models instead of breaking them. Hadi actually utilized the brittleness of neural networks to design unadversarial examples or robust objects which_ are objects designed specifically to be robustly recognized by neural networks. Introduction [00:00:00] DR KILCHER'S PHD HAT [00:11:18] Main Introduction [00:11:38] Hadi's Introduction [00:14:43] More robust models == transfer better [00:46:41] Features not bugs paper [00:49:13] Manifolds [00:55:51] Robustness and Transferability [00:58:00] Do non-robust features generalize worse than robust? [00:59:52] The unreasonable predicament of entangled features [01:01:57] We can only find adversarial examples in the vicinity [01:09:30] Certifiability of models for robustness [01:13:55] Carlini is coming for you! And we are screwed [01:23:21] Distribution shift and corruptions are a bigger problem than adversarial examples [01:25:34] All roads lead to generalization [01:26:47] Unadversarial examples [01:27:26]

George and Matt talk about the Tactical Transferability Scale.

  Janet Hale Twitter is passionate about supporting educators in making curriculum decisions that ensure, enhance, and enrich learning and teaching experiences. She specializes in curriculum mapping; curriculum design using various models and frameworks; standards literacy and alignment; and documenting learning to assist schools, districts, dioceses, higher-ed programs, and educational organizations and businesses with their curriculum, instruction, and assessment needs and improvement plans. Her Masters of Arts degree in educational leadership and curriculum development; plus teaching in elementary, secondary, and special education classrooms, enable Janet to provide insights and information conducive to making decisions that improve curriculum, instruction, and assessment practices for all learners—including teachers and administrators. Beyond her own consultancy, Janet is a member of the Global School Consultant Group and works with clients worldwide to aid them in their curriculum decisions to create innovative learning environments while ensuring alignment to standards and accountability needs.  Janet has written professional books published by ASCD and Corwin Press that focus on curriculum mapping, upgrading units of study, and documenting learning. Personalized learning There are too many standards, so we must prioritize them. Looking at the standards structurally. All agree on which standards are the priority standards? Until we can get away from state testing we are going to be bound to what the state determines. We’re missing what it means to be student-focused. Testing isn’t the top priority, but it is a consideration. If we think of the standards, we need to allow for transferability. Trying to give kids real-world environments. A guide to documenting Learning How to be a transformative principal? A lot of teachers are experiencing a lot of lost time. Ask your students what they are wanting to learn! Karen Bailey - Sylvia Telesano Sponsors TeachFX Innovative school leaders across the country have started tracking online student participation using TeachFX because it’s one of the most powerful ways to improve student outcomes during COVID — especially for English Learners and students of color. Learn more about TeachFX and get a special offer at TeachFX.com InControl SEL for Middle School In Control created an effortless social and emotional, character development video curriculum for your students that’s ZERO-TEACHER-PREP AND it’s so cool looking- it feels like a Youtube or Netflix Series- and that’s purposeful, they meet students right where they’re at. The videos are 5–6 minutes, kids love them, teachers love them, and you will too. There’s no guesswork in the program because there’s a 21-video progression for each grade level. They’ve thought of everything– because it’s a group of award winning counselors, teachers, and principals that came up with this thing. It’ll help you save tons of time and headaches. Take it from me, it’s time to check that social-emotional learning box, the empty one that’s been keeping you up at night–and it’s time to do it in a meaningful, measurable, magnetic way. If you go to www.InControlSEL.com/jethro you can check out some of the videos and even receive 20% off if you pre-order for next school year John Catt Today’s Transformative Principal sponsor, John Catt Educational, amplifies world-class voices on timeless topics, with a list of authors recognized globally for their fresh perspectives and proven strategies to drive success in modern schools and classrooms. John Catt’s mission is to support high-quality teaching and learning by ensuring every educator has access to professional development materials that are research-based, practical, and focused on the key topics proven essential in today’s and tomorrow’s schools. Learn more about professional development publications that are easy to implement for your entire faculty, and are both quickly digestible and rigorous, by visiting https://us.johncattbookshop.com/. Learn more about some of the newest titles: Michaela: The Power of Culture by Katharine Birbalsingh Teaching WalkThrus: Visual Step-by-Step Guides to Essential Teaching Techniques by Tom Sherrington and Oliver Caviglioli Putting Staff First: A blueprint for revitalising our schools by John Tomsett and Jonny Uttley The Teaching Delusion: Why Teaching In Our Schools Isn’t Good Enough (And How We Can Make It Better) by Bruce Robertson Stop Talking About Wellbeing: A pragmatic approach to teacher workload by Kat Howard John Catt is also proud publisher of the new book from Transformative Principal host Jethro Jones: SchoolX: How principals can design a transformative school experience for students, teachers, parents – and themselves Visit this page to learn more about bulk orders and how to bring John Catt’s research-based materials to your school: https://us.johncattbookshop.com/pages/agents-and-distributors

*SHOW TIMESTAMPS FEATURED AT THE END*On this episode Gerry welcomes pitcher AND pitching strength coach Dean Jackson to the show!Dean has a very interesting background as he is still pursuing his own playing dreams of professional baseball as a pitcher while also doing some excellent work as a coach for various amateur and pro arms alike. Dean blends a terrific understanding of pitching and pitching mechanics along with a great grasp for strength and conditioning concepts which truly makes this a unique listen for pitchers, pitching coaches AND strength coaches.After divulging a bit about his own background growing up and how that impacted him in terms of his knowledge in training, Dean gets into tips and advice for not only youth pitchers and athletes, but then discusses the specificities of strength training for advanced pitchers. This includes some of the characteristics he looks for when it comes to the movements specific to pitching and how that can shape subsequent strength training.From there, the conversation turns to specificity and Gerry and Dean give their takes on what training transferability really means and how we can make sure we are giving our athletes what they need to succeed as pitchers and athletes.All that and more on this episode of Muscles and Management!Episode Timestamps3:30 - Dean’s Training Growing up8:50 - Old School Coaches/Mentality12:00 - Building a Team: Life and Sports14:20 - College/Pro Ball Training for Dean20:00 - Growing as a Trainer29:15 - Be Relentless32:00 - Young Pitchers40:40 - Moving Forward with Advanced Training49:20 - Direct Correlation of Strength Training & Pitching: Bridging the Gap55:50 - Specificity, One or Two Leg Training, and Programming1:07:20 - Bench Press1:13:25 - Dean’s Final ThoughtsSupport the show (http://www.challengerstrength.com)

“The thing that was most important was how I approached it psychologically… And I didn't just kind of achieve those things. I blew them out of the water.”—Jon RankinWhen placed together, reflection and conversation have an uncanny way of bringing about clarity and NEW lessons learned.After listening to Jon and Bryan discuss goal-setting, you’ll be compelled to view your goal-setting strategies through a different filter.(2:30) The elephant in the room and skating competitions…(6:51) Two types of goals…(9:43) “Here's the fundamental thing that everybody needs to remember and understand if you're going to set a goal. The only reason to set a goal is to motivate you to achieve it.”(11:53) So what’s a norm-referenced goal versus a self-referenced goal?(13:20) Why do most people set norm-referenced goals?(15:32) Breaking free of mindsets can mean success…(17:19) Context versus comparing…(21:28) “The reality is the whole time what was really driving them was the self-referenced goals.”(22:42) There are positives to norm-referenced goals…(25:06) Turning the focus to self-referenced goals…(26:29) How self-referenced goals align with the phrase, “Go Be More…”(28:40) Bringing the two types together…(29:31) “Don’t compare your chapter one to someone else’s chapter ten.”(30:30) Jon’s 2005 explosion…(33:25) A secret to Jon’s success and a powerful statement from Scott Abbott…(35:46) “There's a common theme, which is the more you're focused on the self-referenced work, the more likely you are to achieve the norm-referenced success.”(38:25) Falling is part of the process and there’s value in the transferable aspect of self-referenced goals…(41:41) “If you’re consistent and you're doing the right things you create this really positive feedback loop, boom, and make a big leap.”If you liked this episode, check out our conversation with firefighter Jeff Nolet or our conversation about Bryan's book Make the Leap.Recorded February 12, 2021.References:Make the Leap - Website | Newsletter | Instagram | FacebookBryan's goals for Make the Leap - Make the Leap blogScott Abbott interview - GBM PodcastHosts:Bryan Green - @maketheleapbook, bryan@gobemore.coJon Rankin - @chasejonrankin, Go Be MoreLinks:Go Be More websiteGo Be More YouTube ChannelProduction and EditingCreatives Collective Marketing

Mihkel Moosel is an experienced entrepreneur and Amazon growth consultant who has successfully built three 7-figure businesses on Amazon and sold more than 100 products in various industries. Currently, Mihkel is the Founder and Head Amazon Expert at Digital Merchant, an Amazon partnerships agency that builds 7-figure online stores for both brands and manufacturers. In the past three years, Digital Merchant has scaled its personal Amazon brand from $0 to $350K a month on Amazon and has additionally grown five 6-figure accounts and two 7-figure accounts. The company has also boosted a client's revenue 10 times through its expert SEO, pay-per-click, and positioning strategies. In this episode… Are you eager to sell your business, but aren't sure if now is the right time? While many entrepreneurs want to make a profitable exit, it's important that a business is in good shape before a sale. So, how do you know if it's time to sell—or if it's time to sit down, crack your knuckles, and get back to the daily grind? Transferability is one of the core pillars of creating a valuable business. However, timing is an incredibly important aspect of transferability—and sometimes your preferred exit schedule just doesn't work in your favor. If this happens to you, don't give up! Instead, take this as an opportunity to scale, improve, and continue to profit from your business. By waiting for the opportune moment, you can make a business transfer that results in greater profit and a smoother sale. In this episode of the Quiet Light Podcast, Mark Daoust sits down with Mihkel Moosel, the Founder and Head Amazon Expert at Digital Merchant, to discuss the ins and outs of transferring an Amazon business. Listen in as Mihkel explains how waiting to sell his business actually increased his profits and boosted his brand. He also talks about his entrepreneurial burnout, the sale that fell through unexpectedly, and the proven strategies that helped Mihkel's company explode. Stay tuned!

Hey! Welcome to Move Wild Podcast, a podcast dedicated to understanding human health from an evolutionary perspective, and integrating the universal principles of human health and wildness into our lives. Each week I interview and discuss with guests on topics and conversations entered around re-wilding, natural movement, nature connection and ancestral living practices. Thanks for joining me on this journey! About today’s show: Today I am sharing with you some of my thoughts that were inspired by an interview I recently recorded. I talk about play, adaptability, transferability, the best way to train and one necessary element of human development. Links: Get early access to my NEW book - "How to Thrive in the Modern World" by becoming a Move Wild Member on my Patreon page. Sign-up for just $7 a month and get access to EXCLUSIVE content I don't post anywhere else. Follow me and get in touch with me on Instagram, @move_wild, to stay up to date and stay inspired to keep connecting to your true nature! For more on what I offer and upcoming events I will be running, head over to my website www.movewildcollective.com. Always feel free to reach out with questions, suggestions for podcasts, feedback, collaborations, ideas etc. I’m always happy to connect :) Alright, thanks for tuning in, I’ll catch ya next episode, and as always, get outside, grow strong and Move Wild!

To Read This Episode's Transcript: Click Here Susie Japs, Managing Director at Wejungo and esteemed Provisors member, is in the business of helping business leaders restructure their teams to get better results. She leverages her strategic, authentic, engaging approach and interactive style to challenge business leaders on common beliefs about recruiting, hiring, retention, and performance. We all know that our best assets go home each night and we must pay attention to our employees for the best results. On the people side of things, Susie has great insight into what we may be overlooking when preparing for an exit.  In her interview, Susie talks about three items companies commonly miss in their exit planning, and why having an exit strategy people plan is so important. She discusses various strategies that she uses at Wejungo to hire more effectively. Susie also details the areas to focus on when exit planning that you may overlook, but a buyer would certainly scrutinize. If the business couldn’t be handed over with ease, you may have a much harder time selling. She also walks through a valuable exercise for taking stock of your workforce and offers some powerful assessment tools. Susie’s expertise on working together more effectively could help your entire team’s performance, don’t miss out on her interview. 1-Minute Sections:  4:08-5:03: 4 Strategies Wejungo uses to help businesses hire better. 5:55-7:08: Common mistakes companies make in exit planning. 7:13-8:18: Examples of businesses that were doing well but may not be valuable to buyers. 9:34-10:37: Transferability and taking stock of key people. 11:51-13:06: Overview of the Strategic People Plan. We've built a special collection of 20 minute interviews from members of Provisors and Vistage speakers. To see the directory and choose an interview visit ExitCoachRadio.com Are you and your Company Transition-Ready? Click Here for a free report & assessment!

Link to bioRxiv paper: http://biorxiv.org/cgi/content/short/2020.06.21.163964v1?rss=1 Authors: Zhang, Y., Bellec, P. Abstract: Transfer learning has been a very active research topic in natural image processing. But few studies have reported notable benefits of transfer learning on medical imaging. In this study, we sought to investigate the transferability of deep artificial neural networks (DNN) in brain decoding, i.e. inferring brain state using fMRI brain response over a short window. Instead of using pretrained models from ImageNet, we trained our base model on a large-scale neuroimaging dataset using graph convolutional networks (GCN). The transferability of learned graph representations were evaluated under different circumstances, including knowledge transfer across cognitive domains, between different groups of subjects, and among different sites using distinct scanning sequences. We observed a significant performance boost via transfer learning either from the same cognitive domain or from other task domains. But the transferability was highly impacted by the scanner site effect. Specifically, for datasets acquired from the same site using the same scanning sequences, using transferred features highly improved the decoding performance. By contrast, the transferability of representations highly decreased between different sites, with the performance boost reducing from 20% down to 7% for the Motor task and decreasing from 15% to 5% for Working-memory tasks. Our results indicate that in contrast to natural images, the scanning condition, instead of task domain, has a larger impact on feature transfer for medical imaging. With other advanced tools such as layer-wise fine-tuning, the decoding performance can be further improved through learning more site-specific high-level features while retaining the transferred low-level representations of brain dynamics. Copy rights belong to original authors. Visit the link for more info

One of the biggest challenges we face as business brokers is getting sellers to understand that we too are entrepreneurs. Getting people to do a valuation is one of the biggest hurdles because many think that just staying afloat is the goal, and the rest will come later. Sometimes later is too late. Today Joe and Mark are back sharing how to get valuation right. At Quiet Light we work hard to educate and help people find the growth paths that will get them the most value for their business in the event of a sale. We have a ton of experience in giving valuations and can guide current and future sellers to profit. When you build a great business with buyers in mind it will make the transfer so much easier. Episode Highlights: Why a business owner should plan an exit strategy early in the business building process. The benefits and tradeoffs of entrepreneurship. How long in advance someone should plan their valuation. How much it costs to do a valuation. The threefold beneficiaries of the valuation. The importance of the end goal while building. How the valuation process benefits the potential buyer. Ways selling a cohesively built business creates valuable relationships. The level of detail that is essential to a full valuation. Accounting tips for a better valuation as you go. How the valuation process gives owners paths hidden profits. The other three of a successful business How the invisible fifth pillar makes a difference in the overall value of your business. Mark's quick wrap-up of the importance of a valuation. Transcription: Joe: Mark, one of the biggest challenges that we have as business brokers is conveying to people that we're entrepreneurs first. We've all been in their shoes. We're technically still entrepreneurs, right? We run Quiet Light Brokerage. And getting people to get beyond the mindset of running their business and saying I'm not ready to sell I don't to have a conversation about exiting to actually thinking well in advance of an exit is one of the biggest challenges and honestly, it's frustrating. It's frustrating for me and that's why we work so hard to educate and help and we do this podcast so we can get more people thinking well in advance of their exit. But I want to ask you as the original founder of Quiet Light Brokerage, the man with so many stories to tell, why in your opinion should somebody even plan their exit and give it thought well in advance of selling their business; what are the benefits? Mark: Boy that's a big question and I could actually give you a number of benefits and since you put me on the spot I don't have them in order in terms of what I would think would be the most important. But I'll start with this one which I think might not be the most important reason but I think it might be the most applicable for most people. It will resonate with most people and that's this, having a business that is valuable in an exit usually means you have a very valuable business to own. That's the number one reason in my opinion. So let me explain that and flesh that out a little bit. Obviously, if somebody is willing to buy your business for quite a bit of money; let's say they're willing to pay a four-time or five-time multiple, what they're seeing there as a business that is desirable to own, it is going to grow, and it's going to kick off a lot of cash in the future which obviously if you come to me or come to any entrepreneur and say do you want to own a business that doesn't require a ton of work has a lot of upsides and is consistently throwing off money most people would say yes, right? If we talk about the four pillars which we do so often here, do you want to own a business that has a low-risk profile and good growth prospects as the two first pillars? Yes, most of us want to. So the first reason I would say is when you go through the process of planning to sell even if you decide not to sell your business the result of it is that you have a business which is more stable, you know the growth paths available to your business, and you have great documentation in place for the business. So that'll be my number one reason right out the gate. And I don't know if you want to discuss that or I can give you a couple of others if you want. Joe: Yeah well let's first tell the folks listening that there is no special guest today it's you and me and we're going to talk through… Mark: I'm special Joe. You're special. I am special. Joe: Actually, I just gave you hosting privileges on this. Mark: So we're special. Joe: Technically I'm the guest and then I'm not special. Hey, we're not having anybody on today because Mark and I have a ton of experience at this. We do valuations every day so we want to talk about the reason to have one done and then what we do. We'll talk about what goes into it, and what we discovered, and what we learned along the way. So yes Mark if you want to talk first about that first example that you gave an elaborate on it a little bit we can do that and then go into some details on what it's like to get a valuation and what we do here at Quiet Light Brokerage when we put someone through the process. Mark: Oh sure. Actually, I do want to get to the other reason because these are the two that were kind of vying for my attention when you first asked that question. The second reason is that you just really don't know what the future holds. In the 14 years of doing this; at the time of this podcast almost 14 and a half years that I'm doing this, the number of clients that I've run into that are unprepared for the sale is exceedingly high and the number of clients that are unprepared who wish they had planned in advance is almost universal. So if you find that you're unprepared to sell you you've reached that point where you want to and you realize you aren't there yet there's often some sort of regret. It's kind of like thinking about the person who goes into the dentist for a root canal wishing that they had visited the dentist more frequently before. That inconvenience at the time would have paid off. Or for the person reaching retirement age wishing they had done more to plan their retirement. There are so many of these examples where especially entrepreneurs would get focused on the here and now today which is important. Obviously, we need to take care of that without the eye towards tomorrow that when tomorrow comes it often takes you by surprise. For entrepreneurs, we're in such a really cool spot. We have an opportunity to generate income that frankly people in the regular business world or regular careers don't have the opportunity to make. The tradeoff is some of that stability that you would get in the corporate office world and maybe some of the benefits and everything else that goes along with that. But for us, the benefit; the gain is the income potential but also what most people fail to see is the value of the asset that they are building in and of its own right and that alone can lead to early retirement, that can lead to being able to invest in much larger projects, that can be catapulted into something significantly bigger. But it does not happen if you build an asset which can't be sold. And so not only is it good to own a business like this because it follows basic business principles of having a low-risk profile and high growth opportunities and is usually very well documented which is a good thing; it ties into those two elements but it also gives you financial flexibility for the future and also career flexibility for the future as well. And if you don't do it the flip side is you can build yourself a prison which I'm sure you've seen a few people build prisons for themselves and their businesses. Joe: That's very, very hard. You want the independence and life of an entrepreneur and you've built yourself a business prison that you can't get out of and you just can't get ahead. But let's ask this; people ask me these questions all the time, we have a conversation about exits and valuations all the time so I mean I'd just grow you with a few here. Number one how long in advance should somebody do evaluation and plan their exit? We always hear I'm not ready to sell, why should I talk to you now? Mark: At least 12 months, right? I'm working with a client right now and they wanted to do evaluations, see where they're at financially and I said that's great send me your P&Ls and your balance sheets and they did which is awesome. I had a chance to review them and I had some further questions for them. Nothing came back so I bugged them about it and nothing came back. I finally bugged them again and they said well you know what we're doing is we're actually going through and we're eliminating some of these discretionary expenses, we're going to be doing this, that, the other thing and alarms are going off of my head because I see them taking some tax that they probably shouldn't be, right? Okay, I understand where you're going. For example one of the things that they're doing is they're cutting back on advertising spending in order to grow their bottom-line earnings. Well, let me ask you, Joe, what happens when you cut back on advertising? Joe: That's a big no-no. It's convergent graph lines, right? Discretionary earnings go up and your total revenue goes down. Mark: Right. Yeah. Nobody likes that alligator going to the left. Because if you see a graph where the revenue is going down or earning is going up we know that earning is going to go down in the future or to regain the momentum you have to outspend on advertising in most cases. To make it a more efficient one thing but that's on another. So how long; sorry, you asked me a question and you know me, I won't shut up. 12 months at a minimum? I would recommend 24, even 36 if you can just because if there's big changes that you want to make; let's say that you really want to explore that new product line, give yourself some runway to be able to plan that out. Joe: Okay, how much does it cost to do a valuation? Mark: Well it doesn't cost anything. Joe: Why? If it's free what's it worth. I don't understand. What's the business model? You're doing valuations for nothing. Mark: Oh you convinced me. If somebody wants to do a valuation of myself you're going to be paying a lot of money. So for us, it makes sense, right? I mean the number of times when I've started Quiet Light and was working with clients in the early days so many clients were being turned away because; not in saying I won't work with you but I would do the valuation. They say I'm ready to sell my business and I take a look at it and Joe you know the conversation. You and I had this conversation. And I looked at your business and I said okay right now it's worth X but Joe if you wait a little bit time, do some of the things that you're doing right now, actually, you're doing a lot of good things, just wait a little bit you're going to add this much value to your business. Other people it's a little bit different, right? It's hey you know what you have your name, you are a doctor and you are selling an information guide about how to take care of athlete's foot. And your name is plastered all over this. Well, guess what? That's not a transferable business because everyone's buying it based on your name. So I'm going to have trouble selling your business and if we do sell it it's going to come at a discount. But Mr. Doctor athlete's foot if you take your name off of this and show us that it can run for 12 months just as well if not better than it is right now without your name plastered all over it instead of getting maybe a 1½ multiple you're going to get like a 3.2 or 3.3. Joe: And who does that benefit? Mark: That benefits the client. Joe: There are three parties that it benefits. Mark: I'm being quizzed here. Joe: You are being quizzed. So it benefits the guy who's running the business, it benefits Quiet Light Brokerage which is a weird model, right? We do it for free folks but in the long run, it benefits us because you're going to have a more valuable business. But there's this third party that benefits as well and that third party… Mark: Is the buyer. Joe: Right. They might eventually become our clients as well too. So it's an odd model. As my mentor said, Joe, it seems like you guys are giving things away for free on a hope and a prayer that they'll come back to you someday. And I said exactly Walter that's what we're doing and it works very well. We're building relationships and building trust and we're helping first. And strangely the more people we help the more our business grows and the more valuable their businesses become and the more buyers buy great businesses. And it's an endless positive cycle and works very well. With that said I remember being at eCommerceFuel a few years ago and I came back; I sat at the bar with one of the presenters, I cannot pronounce his name. All I know is he swore a lot on stage but he was really good. He was really good and I had a beer with him afterwards and he said something like well I'd have a valuation done but honestly it's free I'd feel like I'm committed to you. I'm obligated to you because I didn't pay you. If I pay you I can just walk away. And it's an interesting viewpoint but we are all about relationships and we want to help. We want to get it done. And the more conversations we can have well in advance of a sale selfishly it makes it a lot easier for us when it comes to the time to list your business. I'm in the middle of a valuation right now where there are two brands in one seller account and there's a royalty arrangement and they have a coaching business and different LLCs. It's just a mess and the add-back schedule is getting deep and long. It's almost as long as the P&L itself which raises the antenna of the buyers. We don't want that. We want to have this clean business presentation as possible. So I'm with you 12, 24, 36 months in advance. Have the conversation. Get an education on the value and the process of maximizing the value of what is likely your most valuable asset. I was having a conversation with Mike Jackness a few weeks ago and we're doing a presentation it was actually at eCommerceFuel and he said the problem is you can't talk too much about exits and planning with these guys. They're doing all they can just to keep the wheels on the bus, to keep revenue going, and not run out of inventory, and do all these different things. I'm like yes, yes, yes, but when they have a clear vision of the value of the business and the view of an eventual exit when the wheel falls off and they've got to put it back on it's a lot easier because they still know where they're going. Otherwise, they're just wandering aimlessly trying not to run out of inventory; solving problems without an end goal in mind which is it's exhausting sometimes. Mark: Yeah and I want to comment on one aspect here about the idea of benefiting the buyer because if you're a business owner you might be thinking well I don't really care about the buyer at the end of the day. I mean I care but when you talk to entrepreneurs and sellers sometimes the approach they take is yeah I hope that the buyer does well with it but that's definitely a footnote compared to what they get out of the sale and understandably so. I'm not criticizing anyone who has that sort of attitude. But in your opinion, Joe why should the seller care about whether or not the buyer gets a good deal? Not a good deal as far as discounted but a good business that they can make a good return on investment on. Joe: Yeah that's actually not very complicated. It's when you do the right thing you will be rewarded. If you build a great business that checks all of the four pillar boxes, that really highlights all of the financial key metrics in a very, very positive way; and these are things that we do in the valuation folks when all of those things are you know 8s, 9s, 10s or a really solid green light guess what? That buyer is going to pay you more for the business. They're going to pay a higher multiple with better terms and it's going to be an easier transaction for you. Most people that are selling their businesses sometimes it comes down to okay like Quiet Light Brokerage we had 2½ offers for every listing that we put out there in 2019. So buyers are liking our listings, they're liking the way the packages are put together because we work with our clients for a long time and sellers sometimes have a choice. And sometimes they want to choose who is going to be easier in the transition afterwards. When you build a great business and you think of your eventual buyer in mind that transition is going to be easy because you've got SOPs in place, you've got a long communication with your broker advisor here at Quiet Light that's going to talk to you about all of those different things and making that transition easier because that's one of the four pillars; the transferability of the business and all the things that generate revenue for it. So now you're asking a short question and I'm giving you a long answer, it's the buyer will pay you more, as simple as that. Mark: The buyer will pay you more. I would also add on there that I think we are quick to dismiss the power of relationships and the people that you're going to meet when you go to sell your business. These are really important things. I had a situation; as you know I have another business besides Quiet Light Brokerage that doesn't take up a lot of my time but I ran into an issue the other day. It was a really complex difficult issue but the seller and I are friends at this point. We know each other pretty well and I hadn't run into this before. So I sent him an e-mail and said hey how have we dealt with this before he came back with a nice long response and insightful and everything else. It was a really good resource for me to have and he and I are on good terms because he's treated me fairly all along and built a business that was worth buying, to begin with. He's a valuable asset and if I ever want to do new things in this space he would be somebody that I would look to partner with because he's already skilled in this area. And when you're selling your business you're typically selling to somebody who is highly skilled and a successful entrepreneur in their own right. Isn't that a good person to have you in your Rolodex? I don't want to overemphasize this point and say this is the only reason you want to do it. I think what you listed Joe what you explained I think that is really where you want to put the focus and emphasis. But there's a whole host of ancillary benefits to creating a transaction that benefits yourself first, the broker who is going to be working with you and your team your partner with you, and also that buyer making sure that they have a business that they're going to be able to succeed with. Joe: Let's talk about what we actually do in evaluation. Mark: Sure. Joe: I'm going to kick this off. One of the first things that; I've got a call this afternoon at 4:00 today I'm doing an initial valuation call with a couple of very experienced entrepreneurs. The first thing we need are financials. So as an entrepreneur, as a business owner, if you're not able to run a profit loss statement with a monthly view going back more than 12 months we're not going to be able to do a full valuation because the full valuation does a year over year comparison. I'm going to look at January of 2020 versus January of 2019 and hopefully ‘18 and so on. And that's part of the financial key metrics in terms of where the top-line growth trends are, where the advertising cost as a percentage of revenue is, and where it's trending. Is it seasonal? We're going to talk about the timing of listing a business sale. Even if you're looking three or four years out we're going to talk about some of those things and we're going to see all of that with the detailed financials. Now today Walker wrapped up a long email chain between all of us where he had a client trying to do a valuation and get his business listed for sale and all he had were quarterly P&Ls. What's the problem in your view Mark with quarterly P&Ls versus monthly P&Ls? Mark: It's just the level of detail, right? I mean I can go backwards. I can take monthly P&Ls and go over to quarterly and I didn't comment; we had a discussion about this within the company and I didn't comment on it before everything resolved themselves. There are some businesses frankly that I think quarterlies worked really well for and probably better for; businesses with lumpy income benefit from having a little bit larger of a lens that we're looking through to even that out so we can see what the real trends are. But it's good to have that option to be able to go to monthly because you have more detail. What you pointed out Joe and I think it's a very good point is that when you get into the transaction and let's say a buyer places an offer we get past a quarter and let's say that we're month one into the quarter, most buyers before they close on a transaction want to know what the business has done over the past month and that time that they're doing their due diligence. Did it completely blow up while they were doing that final piece of due diligence? So they're going to ask for these updated numbers along the way as they're going through the process. Well if you have to wait two more months in order to close to be able to get reliable updated numbers that's just going to extend your timeline, introduce further risk that something happens and the buyer has to pull out and will disadvantage you in that way. And again the lack of detail when I'm doing analysis on a business for a valuation I love looking at the trends I like looking at year over year trends and really I start to look at the different months. And it's surprising the number of businesses that obviously November December get a spike are pretty high but let's say like home and garden stores often get a bump right around April or May so that'll be a second quarter. Maybe it spans two different quarters and you really get a sense for how does this business breathe over the course of a year. Right? Joe: So we're going to look in great detail at the financials. So we want you to run a profit and loss statement for me to Quick Books or Xero with a monthly view going back as far as you can up through the most recently reconciled month. If it's an e-commerce business we definitely want to get those P&Ls on an accrual basis. If we can't get them on accrual basis because you do cash accounting at some point we're going to have to find a way to flip the land cost of goods sold to accrual. Why? Because if a business is growing like crazy you're taking a lot of cash flow from the business and putting it right back into more and more inventory and that's going to depress your seller's discretionary earnings. And your business is a multiple of seller's discretionary earnings which is net income plus add-backs equals SDE. Mark: Yeah I want to talk about this accrual basis because I'm seeing this more and more. People are hearing us, they're hearing this message, and I'm seeing more and more books delivered to us on a false accrual basis is what I would call it. So here's the problem, bookkeepers don't like to do accrual basis accounting because it's hard. It takes more work. It takes more reporting on a monthly basis. They need to dig in, see what you sold, tie that back to the cost of goods sold, and record that. What I'm seeing pretty commonly here is accountants who make a year-end adjustments for the cost of goods sold. And so what you end up seeing is cost of goods sold seems kind of flat or kind of lumpy all throughout the year and then in December all of a sudden everythings out of whack. It doesn't match up. Speaking about the monthly one of the elements that a buyer is going to evaluate when looking at your business if you're selling physical products business or even if you're selling; you can do this if you're SaaS business as well it's just a cost of sales numbers out of the cost of goods sold. One of the key metrics we want to look at is your business getting more expensive to run; in other words, if you're consistently bringing in 5 million dollars of revenue what does it cost to generate that 5 million dollars of revenue? Are your products getting more expensive? Have you had a discount on those products over time? Are there periods during the year where you have to do one or the other? If you are in SaaS business are the cost of sales going up; your commissions that you're paying out the salespeople if you're on a commission sales basis. You can't get these numbers unless you're on accrual basis accounting. And a buyer, a smart buyer, if you want to sell to a smart buyer will want to see this information to see is this trending in the right direction and if not then we need to work this into the valuation; so monthly accrual. Joe: When this false accrual practice is done it's generally done by a CPA not a bookkeeper because they're doing some adjustments for the end of the year. Although just to be clear everyone if you've got an e-commerce business with physical products you are going to file your taxes on a cash basis. But when you're looking at the value of your business we need it on an accrual basis. You should have a CPA for your taxes. You should have an e-commerce bookkeeper for your daily, monthly, quarterly profit and loss statements. You should not in my opinion or view do that work yourself anymore if it takes you three or four hours a month you're worth more than the $400, $500, or $600 a month that a really highly qualified e-commerce bookkeeper is going to charge you. Mark: Yeah and we've made this point before but I'll make it again. It all depends on how you enter the information or your bookkeeper how they enter the information into whatever accounting software you're using. If you enter the information as an accrual basis you can flip to cash with a click of a button. It's very easy to do. Joe: Very easy, yeah. Mark: If you enter your information into your books on a cash basis you can't flip it to accrual. I mean you can, you're just going to get the wrong numbers, right? The software is stupid in that way. It's going to try and it's going to calculate it but you've entered the data wrong. So if you entered it in as accrual you can file in cash, that's totally fine. But for the sake of accuracy, you should be entering it or having your bookkeeper enter it in as accrual. And ask your bookkeeper this too, when I hired our bookkeeper I asked them; I sent them an interview, a written interview and I asked them to explain what accrual accounting was. I know what it is but I wanted to see could they explain it. And I was shocked at the number of foot keepers that couldn't explain it in a clear, concise way. Joe: It's not hard guys. Just we'll move beyond this make your eye bleed accounting part of the conversation. Look up cost of goods sold accrual formula. That's all it is. It's beginning inventory plus purchases minus ending inventory on a monthly basis. That's ideal. But the point; one last point is that if you spend a million bucks a year on inventory and you're just doing adjustment or a guess we have to flip things sometimes to accrual. If you're off by 1½%, that's $15,000. If you're spending a million bucks on inventory, you're spending a lot of money; you may be doing 4 million 5 million dollars a year in revenue which probably means you're doing $750,000 in discretionary earnings. You might be at a four-time multiple at that point; four times the $15,000 that you got wrong on the inventory is $60,000 that you're not putting in your pocket in the sale of your business because you wouldn't spend $500 a month on an e-commerce bookkeeper. Or you're overcharging your buyer by that 15,000 times four because you guessed on the wrong side and things are going to fall apart or go off the rails in due diligence. So get it right, build trust, and move on. Okay, so first thing we need is a clean professionally done profit and loss statement with a monthly view. We're going to import that into the Quiet Light Brokerage import system. We're going to normalize the P&L. If you've ever looked at our listings folks you can see they look pretty much the same; our profit and loss statements. We do that because we see them in every shape, size, quantity, format, PDF, Excel. I mean it's crazy I'm surprised somebody hasn't mailed in a napkin at one point or another to Quiet Light. Mark: I had a notepad document once on a 20 million-plus business. Joe: We don't want our buyers to see that so we import it. We have an importing process where we're going to pull it in and we're going to analyze the key metrics; the financial key metrics that buyers over the last 14 years have told us this is what we look at. They're looking at top-line revenue trends. They're looking at gross profit, trends, shrinking or growing, and then they're looking at advertising cost as a percentage of total revenue and how it's trending. As Mark said earlier you could be spending a lot of money on advertising in the last six months to drive top-line revenue or the reverse and it all weaves together in a web, right? I've had a listing for sale last year and the seller said I handed my advertising off to a VA in late spring last year and I let him run it and five months in I realize things got out of hand and I pulled it back and took it over myself. We do a recorded interview just like we're doing right now on Zoom. We do it on video, we do it on audio, that's part of the package when a business is for sale. And that question may come up then it also may come up in the written client interview and then guess what it all weaves into the profit and loss statements and the financial key metrics when then you can go and look at the advertising trends going yeah look at that Joe was right in July, and August and September the numbers were up and advertising was 17% instead of the normalized 12% that it's been for the last three years. So you can see those different types of things. I had a situation just last week where I was looking at a profit loss statement where the ad spend went through the roof in December but revenue went down. That tells a story that he's struggling against competition and it's not really working out. He's spending a lot more money but sales are going down and lo and behold January and February are down as well. The numbers tell a story so the first thing we've got to get are the numbers, right Mark? Mark: Yeah. And I'm going to share something here Joe that I think was last week or maybe the week before, you actually did a valuation on Quiet Light brokerage. Joe: I did. Mark: Which was done not because we're looking for a buyer although if somebody wants to offer us 30 million dollars let's have a conversation. More importantly you wanted to look for areas of wasteful spending on our part and also key trends for the business as well. So let's think about this in terms of not selling our business, let's think about this in terms of business owners who want to run their business efficiently. Let's say you take the last three years' worth of your P&Ls and they're done on a true accrual basis and you take a look and you see that your gross profit margins have gone from 60% and they're dropping down to 52%. Now you might know why that's happening, you might know what's going on there but you can also identify that as a trend that if you were to correct that trend it's going to help the business. I worked with a client; I'm actually in the middle of doing a valuation for them and they keyed in on this on their own. They were very proud of this. They said look our gross profit margins are 42% right now but what we did over the course of the past year our revenue is down because of a very explainable reason but what we did is we found a product line. We found a method here to increase our gross margins from 42% upwards to 54%, 55%. We were able to test this on a singular product and it worked well and we plan to expand this. Well look what happened by looking at their margins and understanding the margins and understanding that's an area of opportunity they've uncovered a huge avenue to growth which is replicable and from a valuation standpoint it's great but from a business ownership standpoint, it's even better for them because now they can charge a charge more, pay less. Who doesn't want that, right? So let's exercise; again you asked why should we do a valuation beyond being prepared to sell should that they arise? It's a valuable exercise to do as business owners. Joe: I got an email the other day and it was from somebody named Anthony; let's leave it at that. And he wrote Joe this is really, really insightful. I had certain financial goals in the business and now I realize I'm that much closer to them than I ever was. This is making it so much more exciting to run my business every day which is exactly what it truly is. In that situation we determined, he determined; he came to the table with they've decided to charge shipping on items over a certain dollar value and that was going to add their estimate was $180,000 in additional discretionary earnings over a 12 month period. And then they had renegotiated cost of goods sold, they were going to save about $2 a unit and that was going to add $200,000 in total discretionary earnings over the next 12 months. That's $380,000 right there and with another $400,000 now they're at $680,000 they expect to be adding 2020. It's getting that much closer to their exit goal and it just defogs their window put your high beams on you can really see that much better when you're running your business it makes it that much more exciting. A lot of the things that we do talk about beyond the financials, Mark; it's not just about the numbers folks, it really starts with them. It's funny that it starts with them but that's pillar number four, documentation. Let's talk about the other three pillars briefly, Mark. Go ahead and tell me what the other three are. Mark: Risk, growth, transferability. Joe: It took me a while to remember what all four those are and I'm going to hold this up everybody; anybody that's on YouTube. I still have this on my desk after eight years. It says what they all are right there. Mark: I didn't make it memorable enough. Joe: Risk, growth, transferability, and documentation. Mark: How are you as a student in school? I'm just curious. Joe: Oh I fell asleep in accounting class I tell that story all the time. And the bottom part of that; oh look at that I forgot to turn my phone off you're hearing my Twitter. Mark: I heard a bird. Joe: The bottom part of that note there was that our business is relational, not transactional. I need reminders every day. Anyway, risk, growth, transferability, and documentation; we've talked about number four, risk. I've got a business that should be closing in the next few days and 70% of their revenue is from one SKU. What is that called? Mark: That's product concentration or a single point of failure. Joe: Or a hero SKU or a bad idea or a unicorn; all sorts of trouble. I had a conversation with somebody; a couple three years ago… Mark: Bad idea. Joe: Actually it's a bad idea. Mark: It's not a bad idea if it's sustainable just to be clear but yeah I get where you're going. Joe: Well here's the sustainable part, so there was a gentleman that I was working on a valuation for and he had one SKU that generated 90% of his revenue. And I'm like this is a bad idea. He's like well it's a lot less work Joe, it's very defensible, look at our reviews. I mean he had me convinced that it was actually a good idea. And then guess what happened? Facebook changed an algorithm and they're their ads that were working with no longer allowed and they never recovered. Their business was worth two million dollars one month and the next month it was worth like one maybe; two million, 50% cut just like that and I haven't heard from him so I'm sure it's gotten worse and worse and worse. It's a single point of failure. It's a hero SKU. It's a risk. So, therefore, buyers are going to decrease the value when it comes to the valuation. We're going to do it for you and we're going to tell you what buyers think but it's a decimal point or two or three. So instead of at a 3.2 multiple; I'm going to do some math for everybody, simple numbers at 3.2 if you've got $100,000 in discretionary earning you're at 320,000 in terms of list price. Two-tenths of a decimal point off because of a risk point you go from 320 down to 300 or 300 down to 280. It changes that quickly because of a single point of failure or because of risk in disregard. So that's part of the risk, it's the hero SKU; things of that nature. But there's also age, there are trends, right? So generally we want to have a business that's about 24 months old at a minimum. We sold them for less. There are exceptions to every single rule we talked about here. But 24 months is when buyers start to have confidence and they don't discount the value of the business because of age. The other thing to talk about is the trends, Mark, right? I just had a valuation call last night with somebody I've been talking to for six months. And I can't seem to get updated financials on a monthly basis. That's the challenge. And finally, I get them and we have a conversation. We're recording this on March 3rd. I don't have January and February's numbers. I finally have Q4 and top-line revenues down 25%, bottom line discretionary earnings down 30%. So the value of that business just went from three-point something based upon the numbers down to easily 2.5 on the top side. So it's risk because it's trending down and somebody has to jump in and fix that downward trend, right? Mark: Mm-hmm that's right; yeah, absolutely. And one thing with these downward trends you talked about how quickly the discount, just an observation multiples go down much more easily than they go up. It's hard to prop the value and that multiple upwards but people would discount much more aggressively when they start to see problems such as the concentration or as you said the bad idea. Joe: So it is a bad idea when somebody calls and says hey I'd like to sell, I'd say hey you really can't nobody else will buy it. Bad idea. So we touch risk, we touched on growth; these are the first two, let's talk about the transferability of the business. What are the key components to this pillar? Mark: Yeah, the transferability; the easiest way in my world to think about this is just can somebody step into your shoes today and run the business without having a significant decline. Or maybe another way to think about it would be what's the learning curve of the business, or do you have documentation in place that will allow people to be replaced if needed? The transferability is just that and it can encompass a number of things first of all that affects all businesses would be procedures. The procedures that you have within your company to run it on a day to day basis; how do you handle returns if you have that sort of business, what are some common customer complaints or concerns or questions and how do you handle those; do you have a process set up for that. If you're an inventory-based business what is your inventory ordering process and your forecasting process? That's something that should be in a standard operating procedure. So there's all sorts of SOPs. Outside of those elements, transferability can come into your customer acquisition process and I brought this example up before during this call. If you're a doctor and your name is all over the website for your great athlete's foot cure now you've set up a barrier to transferability because you're selling off your own personal reputation. And unless you're willing to give your name and reputation to somebody else which most people aren't and understandably so you need to get that off there and no longer be the key method for customer acquisition. And the last thing would be licensing issues or other requirements to run your business. We've seen this before. Joe you had a valuation I remember this clear as day at Rhodium Weekend when they were doing live valuations up onstage and somebody came with a business we were supposed to be working quiet with other advisors, everyone was going to do valuations so we could see what it looked like live on stage and what was the result; it was an e-commerce business, what was the result of that valuation? Joe: It wasn't transferrable because they were sourcing product from the old; it was the old school, they were required to have a retail space so the business was going to be very, very hard to transfer. And I want to comment on that. Mark: It used to very common where wholesalers would require that you have a brick and mortar store because a lot of the legacy brick and mortar stores were telling their suppliers don't let these internet people come in and just start selling this and so they would require that storefront but it still exists out there. The other issues that I've seen with these licensing issues would be not only the storefront issue but maybe if you actually have to have a license to run the business. And you see this like; we had this with somebody that was selling high-end hair products. And you think well, what's the problem there? Well in order to sell these hair products you need to have a cosmetology license. And so that's a transferability issue. It cuts both ways though. Transferability when it comes to licensing and then these hurdles does set you up with some defense ability that can actually help your risk profile be lowered; anytime that there's a hurdle to jump over a business if you jump over it you're leaving some of your competitors on the other side of that hurdle, so that's a good thing. But the element that we started off with the SOPs and the documentation of your procedures, it's something that everybody should be able to do and should have in place. What are your common procedures, how do you do it, let's make it easy? I know you have something to say here on this, the last thing that I would recommend people do and I actually just did this with Quiet Light Brokerage for your sake and for other people within the company, diagram your business. Write out everybody who works for your business. Write it out; you can draw it if you like to draw, you can use a graphing software. I used Lucid Chart; very easy to use Lucid Chart for this or just write it out and see who has what roles within your business and how does that look. I'll tell you what it's an eye-opening experience because what you find especially in small businesses is you have people who wear multiple hats. You might find some crossover there as well. So that's where I would put transferability. Joe: Too many people are focused on the top line and very proud of the total revenues that they're doing. But ultimately we're running these businesses to make money and to be profitable and we can help you hone in on that profitability and what your business is truly worth. So we've touched on what we do when we import and normalize a P&L and look at financial key metrics. We've touched on the four pillars which are risk, growth, transferability, and documentation. Within each pillar, there's five to six different points that we touched on in a valuation process and we really get to know this invisible; I call it a fifth pillar. Mark corrects me every time. You don't need to Mark, people know this. The person behind the business; the trust and credibility that they have is that invisible fifth pillar. It's the mortar holding it all together. Are you a good human? Do people trust you? Do people like you? Believe it or not, if you are people are going to pay more for your business. You do make a difference in the overall value of your business. So we do all of these things and then we create a profit and loss statement with a detailed add-backs schedule. We go through that with you and we firm up your seller's discretionary earnings and apply a multiple range to it. This is where it gets into the weeds and we won't do it today on this podcast. I'm actually going to go ahead and record a podcast following this one on the three levels of add-backs. There are six different points to each level and it's very eye-opening. A lot of people don't understand the importance of detailing the add-backs. A few folks are like why do I need a broker for I'm just going to sell to this consumer group that's buying up FBA businesses. You need to understand the add-back schedules so that if you choose to sell directly to them you're getting maximum value for your business or even better the real value for your business; not maximum, the real value. It's okay, you can choose to sell to whomever you want however you want but make sure you're getting your own numbers right and that's what I'm going to share on the next podcast. Mark: Fantastic. Joe: Okay, one more final thing. Mark: I was going to say we're getting close to time here. People are like my drive is done. I'm at the office. Joe: We are. You're so eloquent Mark with your words and your e-mails and all this. I say this all the time and people hear you speak. You speak very, very well so why don't you do one final wrap up on why you think someone should have a business evaluation done through Quiet Light Brokerage and how it's going to help them in the future and then I'll give my two cents as well. Mark: Flattery is not going to get you anywhere Joe. Joe: Tell them what I want you to tell them. Mark: Well that I don't exactly know, I'll tell them what I think. So the question is why should people get a valuation done to kind of wrap this up. Your business is most likely your most valuable asset and if it isn't yet hopefully it will be someday and you should know what the value of it is. More importantly, you should understand what drives the value of your business and also what's holding it back. My favorite part of evaluation when I'm doing one; and actually I've got a call here in seven minutes to do a valuation, it's going to be coming up soon, somebody is taking us up on this. My favorite part of a valuation isn't telling somebody what their business is worth right now because that's usually somewhat predictable. It's being able to tell them what I love about this business and what buyers are going to salivate over is fill in the blank, and this part you've done a great job here, the areas where you're going to have some friction in your sale and it's going to cause a discount on the business are these elements. Now what I'm doing there is I'm really giving some insight into where the business is today but I'm also laying out a roadmap for everybody that I'm doing that for to say if you want to grow the value of this asset work on these elements and you know what if there's an element of your business that's really good double down on it. One of the areas that we've talked about in the past is this pillar of growth, we want them to have lots of growth potential for the business; lots of growth prospects for that business and they need to be real. However, if you have easy obvious growth within your business take advantage of it because I would rather multiply a larger earnings number and get that going up because it's a lot easier to grow your value that way. Doing a valuation will help identify those aspects of your business; where is it valuable right now, what's holding it back, and what's the plan to be able to make it more valuable. You don't have to sell the business. If you do these things you will have a business that is more valuable and you're going to gain insights that you never really thought about. I will challenge everybody if you don't do anything else on this call we've talked a lot about finances so I'm going to change it up. Diagram your business and then feel free to email me if you thought it was a complete waste of time. Joe: Or you can go at Mark@QuietLightBrokerage.com. Mark: Tell me it's a complete waste of time. Joe: Mark with a K. Mark: Mark with a K. The only way it would be a complete waste of time is if you have like two people in your company. But then you know what? Joe: Send him an email. Mark: Yeah, right. But then if you're going to do that diagram out the other people that are supporting you. Your contractors, the vendors, the people that are key for your business to run and take a look at that and you might not gain a whole lot of new insights but you're going to see your business in a way that you've never seen it before. Joe: What you're hearing here from Mark is that we're here to help. We're sharing information with you and giving you tools to make a better decision for your business and for the future when you are ready. If you are ever ready to sell. In no way shape or form are we ever here to talk you into anything. We're going to share the information with you. And that was the reason I chose Quiet Light Brokerage back in 2010 to sell my own business. I talked to three different firms. Two were trying to get me to sign a contract. The third was giving me helpful information to build a more valuable business to sell when I was ready to sell. And that conversation was with Mark. Lastly, don't be embarrassed by the size of your business. Sometimes we'll go to Mastermind groups and someone will; I can tell they're uncomfortable talking to us because they're only doing $100,000 in profit. Are you kidding me? You're an entrepreneur, you've built your own business, you're doing $100,000 in profit which is 40% higher than the national average; I don't know the numbers, I'm going to get a correction on that Joe@QuietLightBrokerage.com. It's huge compared to the national average. Don't ever be embarrassed by the size of your business. The smallest one we sold in 2019 was $28,000. Yes, it was a pocket deal because Brad had a larger listing and the gentleman had two smaller sites he wanted to sell off. They're all shapes and sizes. Our average transaction size in 2019 was 1.1 million. It grows every single year but we go through all different sizes. We want to help you get from that hundred thousand dollar valuation to a million-dollar valuation. We've had clients where they first sold their business at 7,000 then 20,000 then 220,000 and now nine million and the next exit that that particular individual has set is 100 million. We want you guys to achieve your goals and we're going to help you along the way. But we're not going to talk you into a single thing. So reach out go to the website. It's the valuation form or sell form I think it is or it shoot us an email at inquiries@QuietLightBrokerage.com and we'll hook you up with one of the qualified advisors here who are all entrepreneurs themselves. Links and Resources: Quiet Light Brokerage

Cov-lite deals are now a market norm, and the lack, or absence of covenants in leverage deals has often been cited as causes of why sponsors can take so long to nip problems in the bud. More recently, however, private equity sponsors have become more protective of their deals by including more and more clauses to limit debt ownership transferability in loan docs. While the long-term implications of these restrictions on debt restructurings are still being digested, the most obvious ramifications of expanding 'whitelists' has been to constrain market liquidity. JPMorgan’s executive director Ash Tehrani, the desk lawyer for the EMEA secondary loan trading desk, joins Adelene Lee, director of subscriber/content relations at Debtwire, to discuss how restrictions on loan transferability are impacting the distressed market. They also explore why limiting lenders' ability to sell out of problem credits could negatively affect how businesses restructure and how investors are able to manage their risk exposures during such restructurings.

Balance and timing is everything. Current cannabis policy in Mendocino County, Taxes, Transferability, Enforcement, and Mental Health.

In episode 68 of Financially Simple's Growing a Business series, Justin goes over the principles that will determine the value of your business to potential buyers. When starting and even running a business, it's important to keep the end goal in sight - selling the business for maximum value. Justin looks at the six principles that will affect how valuable your business is and ultimately what they are willing to pay you for it. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! TIME INDEX: 00:34 - 6 Principles Which Make a Business More Valuable to the Potential Buyer 05:41 - What Would Someone Analyze Before Investing Money to Purchase Your Business? 06:37 - Profitability 09:53 - Repeatability 13:45 - Predictability 18:20 - Sustainability 21:13 - Credibility 21:55 - Transferability 23:43 - Summary   USEFUL LINKS: Financially Simple Financially Simple on YouTube Financially Simple on Facebook Financially Simple on Twitter Pepperdine Study - Private Capital Markets ________ BIO: Justin A. Goodbread, CFP®, CEPA, CVGA, is a nationally recognized financial planner, business educator, wealth manager, author, speaker, and entrepreneur. He has 20+ years of experience teaching small business owners how to start, buy, grow, and sell businesses. He is a multi-year recipient of the Investopedia Top 100 Advisor and 2018 Exit Planning Institute's Exit Planner Leader of the Year.DISCLOSURES:This podcast is distributed for informational purposes only. Statements made in the podcast are not to be construed as personalized investment or financial planning advice, may not be suitable for everyone, and should not be considered a solicitation to engage in any particular investment or planning strategy. Listeners should conduct their own review and exercise judgment or consult with their own professional financial advisor to see how the information contained in this podcast may apply to their own individual circumstances. All investing involves the risk of loss, including the possible loss of principal. Past performance does not guarantee future results and nothing in this podcast should be construed as a guarantee of any specific outcome or profit. All market indices discussed are unmanaged, do not incur management fees, costs and expenses, and cannot be invested into directly. Investment advisory services offered by WealthSource Partners, LLC. Neither WealthSource Partners, LLC nor its representatives provide legal or accounting advice. The content of this podcast represents the views and opinions of Justin Goodbread and/or the podcast's guests and do not necessarily represent the views and/or opinions of WealthSource Partners, LLC. Statements made in this podcast are subject to change without notice. Neither WealthSource Partners, LLC nor its representatives, the podcast's hosts, or its guests have an obligation to provide revised statements in the event of changed circumstances. Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the CFP® certification mark, the CERTIFIED FINANCIAL PLANNER™ certification mark, and the CFP® certification mark (with plaque design) logo in the United States, which it authorizes the use of by individuals who successfully complete CFP Board's initial and ongoing certification requirements.   Advisors who wished to be ranked in Investopedia's Top 100 Financial Advisors list either self-submitted answers to questions compiled by Investopedia or were nominated by peers.  Rankings were determined based on the number of followers and engagement on social media, primary contribution to professional industry websites, and their focus on financial literacy.  Neither performance nor client experience, however, were considered.  No compensation was paid by WealthSource Partners, LLC or Justin Goodbread to secure placement on Investopedia's Top 100 Financial Advisors List.   The Exit Planning Institute's Leader of the Year is awarded to a nominee who is a CEPA credential holder who has made a significant impact or contribution to the exit planning profession or overall community through innovation and influence and is viewed by the Exit Planning Institute as a thought leader, risk-taker and specialist while showing characteristics of collaboration.   This podcast might recommend products or services that offer Financially Simple compensation when you use them. This compensation is used to help offset the cost of creating the content. We will, however, never suggest products/services solely for the compensation we receive.

This week on The Interchange, a listener tries to convince his office building owner to install solar: "he's open to the idea, but we're struggling with the question of who pays," says Daniel from Menlo Park, California.This conundrum gets to the heart of C&I solar's complexity. We'll address the landlord-tenant split that plagues commercial solar — and the broad range of financing and policy solutions.Later in the show, we'll talk with two of our senior solar analysts at GTM Research, Michelle Davis and Allison Mond. Both residential installers and commercial developers have customer acquisition problems — only they're the exact opposite problems.Residential installers now have more attractive loan options for ownership, but it's getting harder to find the next tier of customers who want PV on their roofs; meanwhile, commercial solar developers are seeing more demand for third-party ownership, but projects are still bespoke and complicated.Davis and Mond unpack the latest financing and customer acquisition trends in residential and commercial PV.This podcast is supported by Wunder Capital, the easiest way to invest in large-scale solar energy projects across the U.S. With Wunder, you can help finance renewable energy projects while earning up to 7.5 percent annually. Get started here to diversify your portfolio and support American solar projects.This podcast is brought to you by Shoals, the gold standard for solar and storage balance-of-systems solutions. Learn more about how Shoals can make your project operate at the highest level.Recommended reading:GTM Research: Commercial Solar Consumer Finance TrendsGTM Research: U.S. Residential Solar Finance Update: H1 2018DOE Better Buildings (PDF): Promoting Solar PV on Leased Buildings Guide Kacie Peters: But What If I Sell My Building? Transferability in Commercial SolarSubscribe to The Interchange podcast via Apple Podcasts, Google Play, Stitcher or wherever you find your audio content.

This week on the Your Revolution Podcast, Jane Erbacher speaks with Strength & Conditioning coach Kevin Toonen.  Not your ordinary fitness professional, Kev has spent the last 20 years working in the military and still sits on the advisory board for the Tactical Strength & Conditioning Association here in Australia. Combining his military background with an unquenchable thirst for learning, Kev has all the makings of both an incredible role model and a total game-changer. But that's not where it ends. Kevin is engaging, insightful, and undeniably passionate about creating better humans. He's one of those people you meet that you know is going to change the world and I can't believe how lucky we are to have him on the podcast. Incredibly proud and excited to present this episode which I hope you love listening to as much as I loved recording.

John O’Sulivan is the Founder and CEO of the Changing the Game Project and Author of the #1 best selling youth sports book on Amazon, Changing The Game.  His book is a parents guide to raising happy, high performing athletes and giving youth sports back to our kids.  John played college soccer at Fordham University and then played professionally before becoming a division-one soccer coach at the University of Vermont.  John has also broken a total of 24 bones in his body so he obviously had some great advice for the injured athletes in this episode! (Taken from Changing the Game Project's website) The mission of the Changing the Game Project is to ensure that we return youth sports to our children, and put the ‘play’ back in ‘play ball.’  They want to provide the most influential adults in our children’s lives – their parents and coaches – with the information and resources they need to make sports a healthy, positive, and rewarding experience for their children, and their whole family.  Parenting and coaching young athletes is an art, not a science, and the information you find on their website can help you navigate the maze of youth sports, and put a smile on your young athlete’s face, whether he or she is 6 or 16 years old. Their website is your one stop shopping for the latest and greatest information, research, and best practices regarding high performance, motivation, long term athletic development, fitness, nutrition, college recruiting, and more.  There you will find resources, training, videos, and books that can help you become the best parent or coach a kid could ever ask for.  It will help ensure that you do your part to make youth sports a wonderfully positive part of your child’s physical, social, and cognitive education. Below you will find John's TEDx talk on Changing the game in youth sports.  John is an expert on the environment in youth sports and offers great insight into how we can fix it in this episode.  This is a must-listen for parents, coaches and adminstrators of young athletes. Notes on Episode 83: Trigger moments that made John want to change the game: As an organizational director, while looking for resources to educate and help parents and coaches, information was lacking on how to communicate, motivate and inspire kids. Watching his six-year-old daughter play soccer, on the next field over there was a ten-year-old game and it was chaos with the parents yelling at the 13 year old referee. Saw the need for and intervention from someone with athletic, coaching and educational experiences.  When does playing sports stop being about enjoyment? We lose 70% of kids to organized sports by the age of 13, often before they ever have a trained coach. No place for kids to just play for fun (pick up games/free play). Lacking environments where kids have no fear of making mistakes. Why do people think that if its not organized, it's not productive? Usually pro athletes retire when the joy of playing no longer outweighs the injuries or the work needed to play at that level. We live in a world now where we compare how we feel inside to how everyone else looks on the outside. Parents fear their kid is getting left behind. Very hard to think of the long-run. Finding value in failure: Adversity and setbacks leads you to where you are today. Seek out adversity and protect against danger. The difference between a bad coach vs. dangerous coach. Great coaches coach the person, not the sport. Customized coaching. The importance of coaches embracing a growth mindset when they expect their kids to be openminded learners. Making personal time for kids. Being a better listener and communicator. Making eye contact. Being more consistent. All can be learned. John's Tib-Fib fracture when he was 17: Coaches response to him sitting out in his first practice because of leg pain was,"What's wrong with you? You don't have the guts to make it" John's approach to injured athletes when he was a coach: Hurt vs. injured Role of coach is to take an athlete to a place they never could on his or her own.  Is this the time to push it? John Wooden taking notes at National Basketball Coaches Association's Convention at 91 years old. Embracing the growth mindset. Moments of misalignment from John's current train of thought throughout his coaching career: Didn’t realize the impact of his words. Rule of 1, one athlete, one comment, one time can change everything. You don’t get to pick and choose what the athlete remembers and forgets, so you better be intentional about what you say. Shared personal story. What did I want as a player? Am I acting that way now? Sports Specialization. For some kids it can be the right thing If that’s what they want and they are not forced into it. Still need well rounded strength and conditioning training and take time off. Prior to the age of 12 research shows that's not a good idea. Transferability to other sports. More likely to burnout. Overuse injuries. An Athlete's whole identity being wrapped up in the one sport. John’s injuries: 24 broken bones. soccer, skiing and mountain biking. Yoga has helped him a lot to keep his movement and strength. Tib-fib was the leg fracture. Initially feeling sorry for himself. Killed him to see healthy people who didn’t care. John saw people in PT with catastrophic injuries at 17, realized he didn’t have it that bad, he is going to get over this. Season ending injury advice: For those losing interest or discouraged in returning, get back to where you were and then decide if you want to quit. Career ending injury advice: Is their life full with out the sport? If empty, bring in professional help, like sports psychologists for example. We know some great one's (MIND OF THE ATHLETE). Transition to life after soccer: Assistant coach at The University of Vermont. Harder when he left coaching to work on Changing the Game. Advice for parents coaching their own kids: When practice is over you have to take your coach hat off, or else practice never ends. Touching base with your kid to ensure they still want you to coach year after year. Conscious of their friend dynamics. Culture of safety pillars: Every decision is made based on the welfare of the athlete, not the outcome of the game. Those of us in charge of sports, educate yourself and err on the side of caution. At the professional level they need to do better, because they are the model. Toughness is having the courage to chase after what you believe in, even when its hard. WHERE CAN YOU FIND MORE ON CHANGING THE GAME PROJECT? WEBSITE | FACEBOOK | TWITTER | YOUTUBE | PODCAST Where can you get a copy of Changing the game? Changing the Game: The Parent's Guide to Raising Happy, High Performing Athletes, and Giving Youth Sports Back to our Kids By John O'Sullivan WHERE CAN YOU FOLLOW JOHN O'SULLIVAN? TWITTER | LINKEDIN | john@changingthegameproject.com Download Episode 83 : iTunes | Stitcher | SoundCloud Permalink

When people say they can do whatever they want with their property, what do they mean? With Christopher Newman, we go back to first principles to think about property and copyright in new, and yet old, ways. This show’s links: Christopher Newman’s faculty profile (http://www.law.gmu.edu/faculty/directory/fulltime/newman_christopher) and writing (https://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=1222496) Christopher Newman, Vested Use-Privileges in Property and Copyright (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2897083) Wesley Newcomb Hohfeld, Some Fundamental Legal Conceptions as Applied in Judicial Reasoning (https://archive.org/details/jstor-785533) Christian Turner, Legal Theory 101, Reading 3: Hohfeld (https://www.hydratext.com/malt2016/2016/8/14/reading-3-hohfeld) Tom Bell and Chris Newman discussing (https://www.cato.org/events/intellectual-privilege) Bell’s book, Intellectual Privilege (https://books.google.com/books?id=JTanAwAAQBAJ) Tahoe-Sierra Preservation Council, Inc. v. Tahoe Regional Planning Agency (https://scholar.google.com/scholar_case?case=4226653435664355113) Lucas v. South Carolina Coastal Council (https://scholar.google.com/scholar_case?case=659168721517750079) Eric Claeys, Labor, Exclusion, and Flourishing in Property Law (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2665829) Folsom v. Marsh (https://h2o.law.harvard.edu/cases/5238) and Sony Corp. v. Universal City Studios (https://scholar.google.com/scholar_case?case=5876335373788447272) Christopher Newman, [An Exclusive License Is Not an Assignment: Disentangling Divisibility and Transferability of Ownership in Copyright][newman2] [newman2]: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2286833 Special Guest: Christopher Newman.

As a continuation of a mini-series truly breaking down all you need to know about a career in sales, we're diving deeper into why sales is an amazing career. Here we talk about: - Why there's a societal negative connotation around sales and how it's the wrong attitude! - Outsourcing and technology's impact on sales jobs - Promotion schemes and how to get ahead in sales jobs - Transferability of sales jobs Sign-up on dandanglobal.com to achieve the life and career you envision!

#30: What do common investor vocabulary terms mean and why do they matter to you? Listen to this week’s show and learn: 01:19  Get Rich Education has a new Android App at Google Play. 01:36  Why Keith sold stock when the S&P 500 Index was at 1,960 points. 03:05  S&P 500 Index and Dow Jones Industrial Average. 05:29  Why your local real estate team is often biased and cannot impartially serve you. 08:42  Why you want to build streams of income, not pools of cash. 10:32  Why real estate is not an “alternative” investment. Stocks are. 12:05  A damaging hail storm occurred in Dallas - a popular RE investor market. 14:57  International Coffee Farms and the benefits of diversifying in real assets internationally. 21:05  Hyperinflation. 22:50  Leverage, Leverage Ratio. 25:10  Title Insurance. What is it? 26:40  Value. The acronym D-U-S-T: Demand, Utility, Scarcity, Transferability. 30:32  How sharing Get Rich Education with others ultimately helps you.   Resources mentioned: International Coffee Farms website E-mail Coffee@GetRichEducation.com and provide your contact info. for a generous discount on this investment, only for Get Rich Education listeners. You aren’t obligated to buy anything. Investopedia.com GRE has a new Android App. Download it at Google Play!