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What if the hardest years of your life turned out to be the ones that made you unstoppable? In this episode of The Game Changing Attorney Podcast, Michael and Jessica Mogill break down why your greatest advantage is not your wins but the wisdom you have gained along the way. Drawing on Warren Buffett's final shareholder letter, he explains how reflection, long-term thinking, and the ability to navigate uncertainty shape the leaders who endure. Whether this year felt like a breakthrough or a struggle, you will see why your future can still be greater than your past. Here's what you'll learn: Why your setbacks, mistakes, and “learning years” compound into your most valuable advantage How to think beyond the next month or quarter and make decisions that hold up years from now What it takes to stop punishing your past self, extract the lesson, and move forward with clarity If you're ready to enter the next year wiser, stronger, and more intentional, this episode shows you how. ---- 02:08 — The lesson from Warren Buffett's final shareholder letter and its relevance for long-term thinkers. 04:51 — Understanding the difference between a winning year and a learning year. 05:06 — How shifting from short-term decisions to five- and ten-year thinking changes your outcomes. 06:45 — The Navy SEAL “no finish line” analogy and why uncertainty shapes the strongest leaders. 08:10 — Why you must stop punishing your past self and evaluate decisions based on the information you had at the time. 10:13 — The real timeline of results and why growth depends on your starting point and expectations. 15:33 — How to know when your firm is truly ready to scale and why waiting to feel “ready” keeps you stuck. 20:23 — Making tough personnel decisions and why keeping the wrong people holds your entire team back. ---- Links & Resources: Warren Buffett Warren Buffett's Final Letter to Shareholders ---- Do you love this podcast and want to see more game changing content? Subscribe to our YouTube channel. ---- Past guests on The Game Changing Attorney Podcast include David Goggins, John Morgan, Alex Hormozi, Randi McGinn, Kim Scott, Chris Voss, Kevin O'Leary, Laura Wasser, John Maxwell, Mark Lanier, Robert Greene, and many more. ---- If you enjoyed this episode, you may also like: 412. Why Doing Hard Things Is the Ultimate Advantage with Joe De Sena 383. AMMA — Why Comfort Will Quietly Destroy Your Law Firm 370. Why Playing It Safe Is Killing Your Growth with Verne Harnish
No episódio especial 312 de Stock Pickers, Lucas Collazo recebe Ruy Alves, sócio e gestor da Kinea, para uma conversa que é praticamente uma ópera macroeconômica: com direito a Guerra de Tróia, Grande Gatsby, China imperial e até os palcos da Broadway e do West End.Conhecido por analogias afiadas e uma leitura do cenário macro “fora da caixinha”, Ruy faz um diagnóstico contundente: 2026 será marcado por uma grande Guerra de Tróia. Entre FED, inflação global, reprecificação de juros e disputas políticas (especialmente no Brasil), ele explica por que o investidor precisará combinar estratégia, disciplina e a mesma capacidade de reinvenção que tornou Warren Buffett uma lenda.Este episódio é especial e faz parte da programação do Onde Investir 2026, evento especial do InfoMoney que ensina, prepara e atualiza quem deseja começar o ano novo tomando melhores e mais lucrativas decisões de investimentos.Acesse e confira todas as oportunidades: https://lps.infomoney.com.br/onde-investir-2026-inscricao/?utm_source=infomoney&utm_medium=banner&utm_campaign=oi26&utm_term=billboard-premium&utm_content=subhome
We are Green-lighting! Announcing the participants for the CTP Cup 2025 (2) Lots of execs moving around all of a sudden A Chocolate Craze PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter Interactive Brokers Warm-Up - Announcing the participants for the CTP Cup 2025 (2) - Lots of execs moving around all of a sudden - Chocolate Craze Markets - NVDA gets the greenlight - Waiting for the ECO - ALL eyes...... Wednesday at 2pm - Oil Dropping - Gas Prices Dropping slightly - Just saw $2.59 for regular unleaded down here - Double edged sword - oil prices dropping is sign of eco slowdown... Nothing to be excited about just yet.... Inflation - PCE comes in a little lighter than expected - However, let us be clear that inflation is not lower and prices grossly above where we were a couple of years ago - Inflation still running at around 3% overall - Fed set to greenlight the rate cut Oil and Gas - Oil has been dropping - reports that use will slow over the next year - Gas Prices Dropping slightly - Just saw $2.59 for regular unleaded down here - Double edged sword - oil prices dropping is sign of eco slowdown... Nothing to be excited about just yet.... Jobs - Reports show that U.S. employers have announced over 1.1 million job cuts in 2025 (as of early December), marking the highest level since the pandemic's start in 2020. - This has been driven by tech integration (AI), economic shifts, and soft consumer spending, with sectors like government, tech, retail, and warehousing leading. Greenlight - No security problems here - Seeking a compromise over controlling exports to China, the US Department of Commerce will soon allow the export of powerful Nvidia GPUs that are roughly 18 months behind its most advanced offerings, according to a person with knowledge of the plan. - The move, which would send Nvidia H200s to China, seeks to find a middle ground between those who oppose exports of any advanced AI chips and those who worry that restrictions will merely hand the market to Chinese competitors. - It also aims to satisfy the Chinese government, which has blocked imports of less powerful chips, such as Nvidia's H20. - This can be gamed ..... - OHHHH - and USA to get 25% of the sales ???? China Not With Program - China is buying soybeans again, but short of President Trump's target, according to CNBC - Really think this is a big game and will not resolve anytime soon - China still holds the cards ECO Data Starting to Flow Again - BLS to publish October PPI data with the November PPI news release on January 14, 2026 - Unemployment report released Dec 16th - This week is a little slow but next week (Dec 15-19) kick it up hard - - - Dec 19 Income and Spending , PCE report, Housing starts, Retail Sales, CPI (Nov), Leading Indicators, Philly Fed, UMich Sentiment Apple Turnover - Not the pastry - In just the past week, Apple's heads of artificial intelligence and interface design stepped down. - Then the company announced that its general counsel and head of governmental affairs were leaving as well. - All four executives have reported directly to Chief Executive Officer Tim Cook Berkshire Too - Todd Combs, one of Warren Buffett's investing lieutenants and the CEO of GEICO, is departing Berkshire Hathaway and joining JPMorgan Chase in a new role as part of a major shake-up involving both firms. - Combs is leaving Berkshire Hathaway and his role leading GEICO to run the bank's new investment group as part of its wider "security and resilience" initiative announced in October. AI Frames - Warby Parker and Google announced that the first lightweight, AI glasses developed through their partnership are expected to launch in 2026 - What will be different about these? All others have seemed to failed miserably. Mergers - Maybe - Netflix announced Friday it's reached a deal to buy pieces of Warner Bros. Discovery, bringing a swift end to a dramatic bidding process that saw Paramount Skydance and Comcast also vying for the legacy assets. - The transaction is comprised of cash and stock and is valued at $27.75 per WBD share - Others are offering $30 CASH per share - President Trump has put in his comments that he thinks it may be a tough one to clear - $2.8B breakup fee if Warner Brothers pulls out and $5.8B reverse break up fee if the deal is not approved. Oracle Earnings - Wednesday after the bell - This is the poster child for the vendor and circular financing - Stock was the darling for a minute a few months ago - Written: "The stock has fallen roughly 32-40% from its September 10 peak, erasing its "Nvidia moment" rally and turning Oracle into the primary vehicle for expressing skepticism about the AI build-out and OpenAI's economics." - Briefing analyst Forgot this... - What happened to the Tik Tok deal and the China bad discussion? --- History.... - Negotiations happened between ByteDance, Oracle, and Walmart back in 2020, and later discussions continued under “Project Texas” for U.S. data security. - The proposed structure (Oracle as tech partner, U.S. investors taking a stake) was announced but never finalized into a binding acquisition or spin-off. - Instead, TikTok remained under ByteDance ownership, while implementing U.S. data storage and security measures through Oracle. - The U.S. government extended deadlines multiple times, but no sale or transfer of ownership occurred. - China wins again! So much winning! Private Credit - Private markets investing startup Yieldstreet, now calling itself Willow Wealth, recently informed customers of new defaults on real estate projects in Houston and Nashville, Tennessee. The letters, obtained and verified by CNBC, account for about $41 million in new losses. - They come on the heels of $89 million in marine loan wipeouts disclosed in September and $78 million in losses previously reported by CNBC. - Willow Wealth also removed a decade of historical performance data from public view in recent weeks. - Total losses? $208 million Pistachios - Dubai Craze - Milk chocolate shell filled with: - Pistachio cream (often blended with tahini for a nutty, slightly savory note) - Kadayif (shredded phyllo pastry) for crunch - Created in 2021, went viral in 2023 via the SOCH - United States, Iran, and Turkey the biggest producers of pistachios - Argentina betting on it to continue - adding to their farmland to cover the demand - Dubai Chocolate Bar (the viral pistachio-knafeh chocolate) generated over $50–$60 million in global sales for the year. IndiGo - In November, new Flight Duty Time Limitation (FDTL) rules increased pilot rest periods. - IndiGo failed to adjust crew rosters, causing a severe pilot shortage during peak travel season. - 1000s of flights cancelled - IndiGo apologized and implemented measures like processing refunds, arranging transport/hotels for stranded passengers, and strengthening customer support. - As of this week - still having major problems - stock don 20% from its high on this news (not traded in USA) Grok Report - Using Grok as Copilot is getting a little weird....ChatGPT a little slow - Photo to video clip - pretty cool - Image generation - FAST! - Can have full on conversations and even companions.....(?) - More racy than other Ai (as is to be expected) Age 18+ options - Interesting nd impressive thus far. OMG - Brown Nosing - Stellantis said it will bring an all-electric small “car” called the Fiat Topolino to the U.S. - The Topolino is actually categorized as “an all-electric quadricycle” rather than a car, according to Stellantis and has a top speed of roughly 28 miles per hour. - Fiat's announcement comes less than a week after President Donald Trump praised small “Kei” cars from Japan and expressed interest in bringing tiny cars to the U.S. Love the Show? Then how about a Donation? The Winner for iShares Bitcoin Trust ETF (IBIT) Winners will be getting great stuff like the new "OFFICIAL" DHUnplugged Shirt! CTP CUP 2025 Participants: Jim Beaver Mike Kazmierczak Joe Metzger Ken Degel David Martin Dean Wormell Neil Larion Mary Lou Schwarzer Eric Harvey (2024 Winner) FED AND CRYPTO LIMERICKS See this week's stock picks HERE Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter
Andy, Noah, and Corey dive into the power of dividend investing — one of the most reliable paths to long-term wealth. They explain why Warren Buffett's success with Coca-Cola is a masterclass in patience and compounding returns, and outline what separates dividend kings, aristocrats, and champions. The team also discusses how to spot value traps, evaluate payout ratios, and find stocks that offer both growth and stability. Plus, they share practical ways to enhance returns using technical analysis and options. What You'll Learn in This Episode - The difference between dividend kings, aristocrats, and champions - Why payout ratios matter for sustainable income - How to avoid value traps and identify healthy yields - Tips for finding quality stocks "on sale" - How to boost dividend returns with technical analysis and options Action Items - Explore free resources at cashflowbonus.com - Review three stocks' 52-week highs and lows to gauge volatility
Ogilvy Vice Chairman Rory Sutherland reveals the formula for persuasion, why people make decisions and how you can use psychology to your advantage. Rory is the world's leading advertising strategist. He spent almost four decades as Ogilvy studying why people behave the way they do and how to change that behavior. He explains why contrast drives choices and efficiency often destroys value, and how trust, friction, and design shape real-world behavior. +Rory was previously on the show, check out episode 19. ----- Approximate Chapters: (00:00) Introduction (01:31) AI and Decision Making (03:48) Are We Looking for Efficiency in the Wrong Place? (15:52) Ad Break (18:09) Ice Cold Beer Thought Experiment (19:56) Trust and Manipulation (27:15) Dyson Customer Experience and 'Brand Quake' (29:21) Customer Value Thinking (34:28) Why Is Dyson So Effective at Marketing? (36:28) Ad Break (38:51) Map/Territory Problem in Business (39:27) The Problem with Shareholders (42:29) The Problem with 'Tech Bro' Decision Making (45:14) Warren Buffett's Approach to Choosing Management (47:52) John Bragg's Approach to Buying Infrastructure (51:23) High Trust vs Low Trust Societies (58:45) What Can We Learn from the Mad Men Era of Marketing (1:03:59) The Danger of Bad Marketing (1:17:47) Navigating Cancel Culture with Common Sense (1:29:59) Signalling to Ourselves When We Purchase Something (1:39:06) Changing of Societal Norms (1:43:27) How to Write Good Copy (1:56:30) What Is Success for You? ----- Upgrade: Get a hand edited transcripts and ad free experiences along with my thoughts and reflections at the end of every conversation. Learn more @ fs.blog/membership------Newsletter: The Brain Food newsletter delivers actionable insights and thoughtful ideas every Sunday. It takes 5 minutes to read, and it's completely free. Learn more and sign up at fs.blog/newsletter------ Follow Shane Parrish:X: https://x.com/shaneparrish Insta: https://www.instagram.com/farnamstreet/ LinkedIn: https://www.linkedin.com/in/shane-parrish-050a2183/ ------ Thank you to the sponsors for this episode: Basecamp: Stop struggling, start making progress. Get somewhere with Basecamp. Sign up free at http://basecamp.com/knowledgeproject reMarkable: Get your paper tablet at https://www.reMarkable.com today .tech domains: Nothing says tech like being on .tech https://get.tech/ Shopify: https://shopify.com/knowledgeproject Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of The TechEd Podcast, host Matt Kirchner sits down with Irv Blumkin, Chairman of Nebraska Furniture Mart (NFM), and Ryan Blumkin, Executive Vice President, to unpack nearly 90 years of retail innovation, from Mrs. B's pawn-shop beginnings to multi-acre campuses in Omaha, Kansas City, Dallas, and soon Austin. They explore what it's like to partner with Warren Buffett and Berkshire Hathaway, build massive destination developments, and still obsess over every single SKU and customer interaction. From dynamic pricing and AI-enabled operations to a mind-blowing learning trip through China's retail and technology ecosystem, Irv and Ryan share how NFM is using data, automation, and emerging tech to deepen their moat, without ever losing sight of values, culture, and long-term thinking. They also talk careers in retail tech, why young “outside-the-box” thinkers matter, and the role of lifelong learning in leading through disruption. Listen to learn:Why Warren Buffett bought Nebraska Furniture Mart on a handshake, and what Irv has learned from decades of dinners and deal-making with himWhy strong values and culture matter more than ever in this tech-driven marketplaceHow NFM uses massive-store footprints, destination partners like Scheels, and even hotel/convention centers to turn shopping into an experienceHow dynamic pricing, digital shelf tags, and nightly web crawls of 70,000+ SKUs keep NFM competitive with Amazon, Costco, Wayfair, and othersWhat Irv and Ryan saw in China's tech companies and how those lessons are shaping NFM's future3 Big Takeaways from this Episode:1. Timeless values can scale into a $2 billion business. Mrs. B's simple principles (sell at a great price, tell the truth, and pay your bills) still anchor NFM's strategy, even as the company builds 1.8 million-square-foot campuses and expands into new markets like Austin. Irv connects those values directly to long-term growth, customer trust, and the family's partnership with Berkshire Hathaway. 2. Technology is now core infrastructure, not an add-on. NFM's nightly web crawling, digital price tags, and dynamic pricing systems automatically position them as the best value against online competitors, while complex distribution networks and emerging AI tools optimize inventory and logistics. Ryan frames this as building a “moat” with data, automation, and relentless operational excellence, not just more advertising. 3. Lifelong learning is mandatory for modern leadership. Irv has invested in executive education for decades, and both he and Ryan describe their China trip as “eye opening” in terms of speed, scrappiness, AI adoption, and asset-light business models. They're already translating those lessons into new e-commerce strategies, warehouse automation concepts, and AI-enabled process improvements back at NFM. Resources in this Episode:Learn more about Nebraska Furniture MartOther resources mentioned:Six Days in China: The Speed, Scale and Innovation Outpacing the U.S. - Podcast episode with Todd WanekMORE LINKS & RESOURCES ON THE EPISODE PAGE: https://techWe want to hear from you! Send us a text.Instagram - Facebook - YouTube - TikTok - Twitter - LinkedIn
Episode 570 of the Sports Media Podcast with Richard Deitsch features Troy Aikman, the lead analyst for ESPN's coverage of Monday Night Football. In this podcast, Aikman discusses where his enjoyment level for the job stands after three decades in the booth; how he accesses ESPN's culture versus Fox's; how he defines honesty in sports broadcasting — and particularly as it relates to officiating calls; why he won't be in the job at age 70; ESPN's upcoming Super Bowl on February 14, 2027; who he talks to for honest feedback on his work; his thoughts on Lane Kiffin and NIL; the Eagles-Chargers and the AFC's unpredictable year; why he'd love to meet Warren Buffett and more. You can subscribe to this podcast on Apple Podcasts, Spotify, and more. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Plus: Several Berkshire Hathaway executives are departing as Warren Buffett's retirement approaches. And the Trump administration plans to announce a $12 billion bailout for American farmers. Alex Ossola hosts. Sign up for WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices
Sitting National Economic Council Director Kevin Hassett is shortlisted to be the next chair of the Federal Reserve. Director Hassett weighs in on monetary policy–despite not being in the role quite yet. As the media world digests Netflix's winning bid for Warner Brothers Discovery's film and streaming assets. Former MTV president Michael Wolf explains Netflix's position in the industry and the battle for eyeballs. Plus, Elon Musk is firing back at the European Union after the bloc fined X $140m, and changes are afoot at Berkshire Hathaway just as Warren Buffett readies to hand the CEO reins to his successor Greg Abel. Kevin Hassett - 20:47Michael Wolf - 39:27 In this episode:Becky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Edwin Chen is the founder and CEO of Surge AI, the company that teaches AI what's good vs. what's bad, powering frontier labs with elite data, environments, and evaluations. Surge surpassed $1 billion in revenue with under 100 employees last year, completely bootstrapped—the fastest company in history to reach this milestone. Before founding Surge, Edwin was a research scientist at Google, Facebook, and Twitter and studied mathematics, computer science, and linguistics at MIT.We discuss:1. How Surge reached over $1 billion in revenue with fewer than 100 people by obsessing over quality2. The story behind how Claude Code got so good at coding and writing3. The problems with AI benchmarks and why they're pushing AI in the wrong direction4. How RL environments are the next frontier in AI training5. Why Edwin believes we're still a decade away from AGI6. Why taste and human judgment shape which AI models become industry leaders7. His contrarian approach to company building that rejects Silicon Valley's “pivot and blitzscale” playbook8. How AI models will become increasingly differentiated based on the values of the companies building them—Brought to you by:Vanta—Automate compliance. Simplify security.WorkOS—Modern identity platform for B2B SaaS, free up to 1 million MAUsCoda—The all-in-one collaborative workspace—Transcript: https://www.lennysnewsletter.com/p/surge-ai-edwin-chen—My biggest takeaways (for paid newsletter subscribers): https://www.lennysnewsletter.com/i/180055059/my-biggest-takeaways-from-this-conversation—Where to find Edwin Chen:• X: https://x.com/echen• LinkedIn: https://www.linkedin.com/in/edwinzchen• Surge's blog: https://surgehq.ai/blog—Where to find Lenny:• Newsletter: https://www.lennysnewsletter.com• X: https://twitter.com/lennysan• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/—In this episode, we cover:(00:00) Introduction to Edwin Chen(04:48) AI's role in business efficiency(07:08) Building a contrarian company(08:55) An explanation of what Surge AI does(09:36) The importance of high-quality data(13:31) How Claude Code has stayed ahead(17:37) Edwin's skepticism toward benchmarks(21:54) AGI timelines and industry trends(28:33) The Silicon Valley machine(33:07) Reinforcement learning and future AI training(39:37) Understanding model trajectories(41:11) How models have advanced and will continue to advance(42:55) Adapting to industry needs(44:39) Surge's research approach(48:07) Predictions for the next few years in AI(50:43) What's underhyped and overhyped in AI(52:55) The story of founding Surge AI(01:02:18) Lightning round and final thoughts—Referenced:• Surge: https://surgehq.ai• Surge's product page: https://surgehq.ai/products• Claude Code: https://www.claude.com/product/claude-code• Gemini 3: https://aistudio.google.com/models/gemini-3• Sora: https://openai.com/sora• Terrence Rohan on LinkedIn: https://www.linkedin.com/in/terrencerohan• Richard Sutton—Father of RL thinks LLMs are a dead end: https://www.dwarkesh.com/p/richard-sutton• The Bitter Lesson: http://www.incompleteideas.net/IncIdeas/BitterLesson.html• Reinforcement learning: https://en.wikipedia.org/wiki/Reinforcement_learning• Grok: https://grok.com• Warren Buffett on X: https://x.com/WarrenBuffett• OpenAI's CPO on how AI changes must-have skills, moats, coding, startup playbooks, more | Kevin Weil (CPO at OpenAI, ex-Instagram, Twitter): https://www.lennysnewsletter.com/p/kevin-weil-open-ai• Anthropic's CPO on what comes next | Mike Krieger (co-founder of Instagram): https://www.lennysnewsletter.com/p/anthropics-cpo-heres-what-comes-next• Brian Armstrong on LinkedIn: https://www.linkedin.com/in/barmstrong• Interstellar on Prime Video: https://www.amazon.com/Interstellar-Matthew-McConaughey/dp/B00TU9UFTS• Arrival on Prime Video: https://www.amazon.com/Arrival-Amy-Adams/dp/B01M2C4NP8• Travelers on Netflix: https://www.netflix.com/title/80105699• Waymo: https://waymo.com• Soda versus pop: https://flowingdata.com/2012/07/09/soda-versus-pop-on-twitter—Recommended books:• Stories of Your Life and Others: https://www.amazon.com/Stories-Your-Life-Others-Chiang/dp/1101972122• The Myth of Sisyphus: https://www.amazon.com/Myth-Sisyphus-Vintage-International/dp/0525564454• Le Ton Beau de Marot: In Praise of the Music of Language: https://www.amazon.com/dp/0465086454• Gödel, Escher, Bach: An Eternal Golden Braid: https://www.amazon.com/G%C3%B6del-Escher-Bach-Eternal-Golden/dp/0465026567—Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.—Lenny may be an investor in the companies discussed. To hear more, visit www.lennysnewsletter.com
“What is your passion? Why are you doing this?” In this episode, Nick speaks with Vincent Wanga about the intersection of creativity, entrepreneurship, and leadership. Vince shares his unique journey through the creative industry, discussing the challenges and advantages of being an insomniac and how it has shaped his work ethic. What to listen for: Insomnia can be both a challenge and a competitive advantage. Leadership requires sacrifice and understanding of employee dynamics. Passion and purpose are essential for sustainable entrepreneurship. Vision is crucial for effective leadership and business success. Scaling a business requires preparation and understanding of resources. Failure is a necessary part of the learning process. Creatives must balance their artistic mindset with business skills. “Everything that I do is passion and purpose-rooted. And that should be your first mission.” When you anchor decisions in passion, you can more naturally stay motivated during the hard parts of the journey Purpose brings clarity, so you waste less time chasing things that don't matter. Leading with what lights you up often creates the most authentic and sustainable success. Passion-driven work tends to attract the right people and opportunities without forcing it. Starting with purpose sets the tone for how you show up. “Creatives have a visionary mindset. So why can’t creatives be those same CEOs? We just lack the business acumen.” Creativity is the foundation of innovation. Many creatives underestimate how transferable their skills are to leadership. Visionary thinkers often make better long-term strategists than traditional operators. When creatives embrace structure and systems, they become unstoppable leaders. About Vincent Wanga Vince is a dynamic international design thought leader, creative keynote speaker, award-winning creative and executive, author of “The Art of Direction,” serial entrepreneur, and experienced brand consultant with an exceptional range of expertise over a distinguished two-decade career. As former vice president and head of creative for one of the fastest-growing technology startups in North America, he oversaw corporate brand strategy and creative during unprecedented company growth from pre-Series A to an over $1 billion “unicorn” valuation. Vince lives in Washington, DC, and Asheville, NC, with his dog, Okello. When he is not working on new business ventures, he passionately travels the world, collecting creative inspiration at the finest boutique hotels rewards points can buy. https://www.vincentwanga.com/ https://www.linkedin.com/in/vincent-wanga/ Resources: Check out other episodes about creativity and entrepreneurship: Creativity Within Us All With Joe Tertel Post Traumatic Growth, When Trauma Makes You Stronger And More Creative With Christian Ray Flores Interested in starting your own podcast or need help with one you already have? Send Nick an email or schedule a time to discuss your podcast today! https://themindsetandselfmasteryshow.com/contact/ Thank you for listening! Please subscribe on iTunes and give us a 5-Star review! https://podcasts.apple.com/us/podcast/the-mindset-and-self-mastery-show/id1604262089 Listen to other episodes here: https://themindsetandselfmasteryshow.com/ Watch Clips and highlights: https://www.youtube.com/channel/UCk1tCM7KTe3hrq_-UAa6GHA Guest Inquiries right here: podcasts@themindsetandselfmasteryshow.com Your Friends at “The Mindset & Self-Mastery Show” Click Here To View The Episode Transcript Nick McGowan (00:01.507)Hello and welcome to the Mindset and Self Mastery Show. I’m your host, Nick McGowan. Today on the show we have Vince Wanga. Vince, how you doing today? Vincent Wanga (00:11.372)I’m doing all right, Nick. I’m looking forward to our conversation and thanks for having me on. Nick McGowan (00:15.618)Yeah, absolutely. I’m excited, man. I think this is gonna be fun. I know there’s a lot that you’ve been through, a lot that you’ve done. One of the biggest reasons why I wanted to have you on the show was to be able to talk about creativity and how it ties into us as people, but also into the systems that we’re in, like the capitalistic system, our family systems, all those things. I grew up as a creative in a… not a typical creative house, so to say. So it felt a little weird, but that was the system that I was in. And then you get into jobs, you get into your career, and like, how do you do all that stuff? And that was one of the things that really stood out to me about having you on. So I’m gonna stop talking. Why don’t you kick us off? Tell us what you do for a living, and what’s one thing that most people don’t know about you that’s maybe a little odd or bizarre? Vincent Wanga (01:00.142)Well, thank you. I am in a weird place in my career because I’m transitioning. I have been a creative at the highest levels and the lowest levels for 20 years. Started as an intern, worked my way up through the agency world, stints as a freelance independent operator working for clients all over the world to owning my own agency and having that unique experience as a business owner and operator. and all the responsibilities that come with managing employees and being responsible for payroll and profit and loss and the other side of the industry, as well as becoming a senior executive and top 100, well, first 100 employees for a billion dollar tech startup and a crazy transformational journey. So I only preface that to say I’ve done it all in so many different industries. I’ve worked with so many different sectors, in-house, freelance. agency, you name it in the creative sector, I’ve done it. And I think that offers me a lot of perspective and advice that I can offer to people, whether you’re creative or not, particularly in the aspects of leadership, which is something I really focus on at this point in my career. But as I mentioned, I’m in a major transition away from creative and more into my real core ethos, which is entrepreneurship and taking all that creative talent, marketing, business acumen into my own businesses and consulting and other opportunities to really express my creativity in a different way. So it’s a really exciting paradigm for me. As far as something that’s really unique about me, I could wax philosophic on that. But I think the most unique thing is I am an insomniac. I get an inhuman amount of sleep and it has been a very difficult, like physical manifestation in my life because that’s not healthy, but it has been an incredible. competitive advantage in my career, where I’m able to work day and night and create businesses on a weekend and maximize my time. But as I get older, the other side of the coin starts catching up and trying to figure out how to adjust as I move forward is a new paradigm I’m dealing with. But that’s one of many unique things about me. Nick McGowan (03:16.459)Wow, I’m really glad that you consider that a unique thing. that you see that as a… there’s kind of a silver lining that you look at that instead of some people saying like, well I just… I’m struggling with this thing. It sounds like even the personality that you have, like you’ll go, well I am kind of struggling but it is what it is and this is what it is. Then I could do something with it. And it’s funny how as you get older, things will shift and change just across the board. I mean we could have a whole fucking episode just about like the specific changes that happen from your knees and your back and the way you think about things. or whatever you don’t mean I wonder at times with the people that are insomniacs that it’s something that they actually kind of crave and it’s like a mental thing where like I want to keep going and I think about it from this perspective In the human design way I’m a generator and I have to use all of my energy every day So by the end of the day there are times where I’m like I’m totally done. It’s nine o’clock at night I guess I’ll go to sleep because I’m done for the day and like all the energy’s out other times It’s like three or four in the morning and it is what it is But for the people that… Nick McGowan (04:27.617)can hear that and say, well, you’re just trying to hustle and just trying to use all that to get ahead and do the grind and all that stuff. I’m reading between the lines and a little bit I know about you so far, that’s not the case with you. So it’s more of one of those like, I do these things because I’m led to do these things, but I also have a really hard time sleeping. So how do you manage that going through each day and saying like, all right, well, I got whatever amount of sleep and my body needs more, but I also have a lot of mental energy where it’s like you can feel the physical of like, man, I’m just fucking dragging. But my brain’s still going and like that must take a toll on you. I could imagine, you know, you have a week of that. Most people would just be driven insane. So how do you how do you manage that? Vincent Wanga (05:12.344)Yeah, and I think, you know, this reminds me of that. I think it was a New Yorker editorial cartoon that had a building in Manhattan with lights on. And it said these three lights are either a drug dealer, serial killer or creative. Right. We’re the only ones up at 3 a.m. So I don’t think it’s as unique within the creative realm. But I think what makes me unique is the duality that I’m up all night in human hours, but I’m also functional in the morning. Like I’ve stayed up for 72 hours before. Nick McGowan (05:25.854)Yeah. Nick McGowan (05:37.93)Hmm. Vincent Wanga (05:40.718)on deadlines and things that push beyond human norms and are completely unhealthy, but have also, again, like I said, been an advantage historically in my career. think the way my brain is wired, and I think a lot of critics can resonate with this, is I’m my most creative and intellectual at night. I could spend the same amount of time and energy between nine to five on the same thing, and that… You know, error of time, I could achieve better results in an hour at 3am. It’s just the way these ideas flow in my mind. It’s the same mindset for anyone who can’t relate where like CEOs get up early in the morning and take a bike ride or do a run. And then they come back to the office and now they got a new product idea that everybody’s got to scramble to do. It’s the CEO brain, but it just kicks on at the wrong time. but it is, it is a burden, because it’s not healthy. And unfortunately there’s, there’s Nick McGowan (06:30.472)You Vincent Wanga (06:39.982)long-term cognitive effects that happen on that and there’s a diminishing return. But I think the most important point here is that I didn’t want to be this way. This is something that evolved from my artist background where I would the only time I had to myself and peace and quiet to create was at night. It started kind of rewiring my brain and then I went to college long story short got kicked out because of money and found myself with my career over before it even started. So I had to hustle and work twice as hard as everybody else just to get started. I started at a deficit. So I always maximize my time in order to try to achieve the results that I needed to get back into the industry. And then the third thing I think people can resonate with is if you’re an entrepreneur, it’s this paranoia when you go to sleep and you don’t want to wake up with bills. You don’t want to wake up with problems. You just want to stay up and solve everything that you can. you could have $10,000 in your bank account for that week and still feel insecure. And I think that just keeps me up at night constantly hustling and hoping that that hustle prevents the worst case scenario from happening. So it’s just this convolutions of things that are part of my experiences and my mindset. But it has been an advantage up until about now where I’m kind of paying the health effects of it, but it’s helped me become incredibly successful. And I think that’s a unique. perspective for me. Nick McGowan (08:09.086)I love when conversations head this way. I’ll ask that question every single episode. So everybody listens. They’re used to that question being asked. But I love when that question invokes us going down a different path for the conversation. Obviously, we were going to talk about creativity and leadership, and that just jives with us both. But that’s a really important thing, I think, to get into because you had neural pathways that were literally changed. And you created these paths so, so many years ago saying, like, everybody leave me the hell alone. Great, you’re all asleep. Everybody’s left me alone. I get to do the thing I want to do. And then you turn that, especially as an agency, for anybody that’s been in any sort of agency, imagine running around with your hair on fire, 15 other people having their hair on fire, and somebody just yelling at you constantly, and you’re constantly late on things that you’re actually pretty much on time for with your projects. And that’s like a typical Tuesday in most agencies. And that will drive you Vincent Wanga (08:41.592)Mm-hmm. Nick McGowan (09:08.848)to have more those neural pathways change because then you have to do things at night. Dude, I’ve been in the same spot where it’s like we have this thing coming up, somebody sent this thing back to me and it’s time for me to QA it or just basically give it once through. Seven hours later you have to do a complete re-haul or whatever and from a leader’s perspective you have to love on that person and help them and work through them. You can’t just go and physically slap them in the back of head and go, the fuck? That’s my first question, you know? So as a creative, I’m right there with you. think a lot of us do have that. Nocturnal energy almost to be able to create but I wonder if a lot of that does come from like when you were in middle school or high school like Just everybody leave me alone. Like when your parents tell you like go to your room. You’re like, thank God awesome now Will you all just stay can I lock the door and like just paint or whatever? I want to do and then that turns into the the systems that we’re in that tell us you have to grind you have to hustle and I I just wonder about how many people are still stuck in that because they don’t see the patterns of, well, I’m having a hard time with this. Like, you see that there’s a pattern with you being an insomniac. But how do you actually combat that, work on that, and not drive yourself crazy each and every day, you know? Vincent Wanga (10:31.522)Yeah, I think that’s a challenge. I think there’s a few ways I can approach that question. One, I really loved your point about the sacrifice of leadership. I think a lot of people underestimate that. It’s like the swan analogy, where it’s calm and collected at the top, but your feet are vigorously swimming and kicking. I think people who are employees and check in nine to five and their check clears on Monday when it’s payday. don’t understand the sacrifice sometimes that their leadership have to make to make that happen. And part of that is that paranoia that we deal with every single day. You know, I also think, you know, I’m highly functional introvert. So I love the quiet time that that allows me to think and to process and to execute on. But I also love that quote. I hope I’m not misquoting them. I think it was by Warren Buffett who said it took me 10 years to be an overnight success. There is no skipping the grind, the hustle. Nick McGowan (11:13.436)Mm-hmm. Nick McGowan (11:25.959)Yeah. Vincent Wanga (11:28.258)the sacrifice, know, your family hates you and you don’t see people enough and your friends are wondering if you’re okay. And that’s what it takes to build business, to build legacy, to build anything. So whether I had this unique deposition to work on godly hours or not, I think people find the will in the way because there’s no shortcuts around that to success. And that’s what you got to do. And if you’ve got a nine to five job, well, guess what? Now you got to work five to nine. and find the time that you need to execute on something. And I think it’s more of an entrepreneur’s brain than a creative’s brain. again, like I said, it’s been advantageous in ways and disadvantageous in others. Nick McGowan (12:07.259)I think they actually tie together though, the creativity and the entrepreneurship. I’ve met, god I can’t even put numbers to the amount of entrepreneurs I’ve met over the course of time, but I could probably say in one hand that the people that weren’t really creative and… Vincent Wanga (12:17.667)Mm-hmm. Nick McGowan (12:24.125)definitely told me like I am not creative at all. But then when you look at their processes, how they handle situations, all of it is just oozing creativity. They’re just not creative in the medium of painting or graphic design or web or whatever it is, but they’re still being creative in how they handle it. Shit, even leaders that are like, okay, well I know if I yell at you as a creative, you’re not gonna do the work that you need to do and you’re probably gonna hate it here. So how do I talk to you nicely about it? That is a creative approach. approach to it where you’ve been in spots, I’ve been in spots where somebody clearly didn’t take that spot and they just yelled at you about the thing because they’re hurt or they’re upset and they can’t manage themselves and they’re just diving it at you. But there is a lot of creativity that ties into that. And I think there’s a lot of people that talk about being an entrepreneur with really a hobby in a sense and not understanding that basic principles of entrepreneurship is you just have various means of income and you just work on things as a creative. You can sit down and work on things for six hours and you think, shit, I was doing this for two hours, but six hours later, I’ve been standing here, I’ve been working through this thing. And I want to dive deeper into this because I don’t want people to think that you’re saying to them, you just need to grind. No matter what you’re feeling, what you’re doing, just shut up and grind. That’s not the case. But how do you balance that? Because I know people that literally they take that ethos and just say, well, this is who I am. And it’s in a It’s a false way for them instead of being able to say like this is who I am because man I’m just so passionate about this thing that I eat sleep and dream this because this is my purpose in the world instead of saying well the system tells us this and my god I got a mortgage and these mouths to feed and whatever else it’s like you have to shift from that so how do you shift from that? How did you? Vincent Wanga (14:15.714)Man, I think that’s such a good point. I think too many people get enamored with the grind part, right? That’s what they teach you in investment banking. That’s what they teach you in all these other segments. Just grind and the reward will come and they’ll dangle this carrot in front of you that somehow disappears on your journey, right? Entrepreneurship’s very similar. And I’ll just say, this is the hardest shit in the world, like next to raising a child. Like it is incredibly difficult and that’s… Nick McGowan (14:37.446)Yeah. Vincent Wanga (14:42.102)what discourages most people. But I think the point that you made that was really excellent is you first have to have a purpose. What is your passion? Why are you doing this? Never have I thought when I’m in an entrepreneurial pursuit and I’m working, you know, 18 hours a day, did I ever feel burnt out? Isn’t that interesting that I can go to a typical corporate job and after five hours just can’t wait to leave, but I’ll work nonstop on my own thing and never feel burnt out. I have stress maybe related to money or something. but it’s not work stress. And I think that’s because everything that I do is passion and purpose rooted. And that should be your first mission. Don’t do this thing because you think it’s going to make you rich. You know, start that brewery because you love beer, you love the science of beer, and that you realize that by getting into that business, you are now an agriculture. You’re a farmer. You need to know about hops and the process and supply chain and fermentation. And you are a chemist and you got to figure out the right, you know, balance in order to have the best beer in the world. Otherwise, don’t do it. Nick McGowan (15:11.93)Yeah. Nick McGowan (15:21.561)Hmm. Vincent Wanga (15:41.056)So I think people need to understand what’s your passion would start there. The grind is easy if you’re passion and purpose driven and don’t let that kind of blind you. Start with your passion and your purpose. And that’s really helped keep me balanced so that I make sure the most precious commodity I have right now at this age is my time. And I make sure that just like my money, I invested reasonably and responsibly and only things that really bring me value in return. I think my second point is The grind is should be front end, you know, where your typical nine to five and there’s no wrong path is something you progressively invest in. And at the end, around 65 years old, you get your benefit and you get to go, you know, travel and live in Florida and do whatever you want with your life and retirement. Entrepreneurship is different. You literally grind for three years. The first year you’re just getting established. The second year you’re trying to become profitable. That third year, if you make it that far, you might actually thrive and have a business. And unless you’re paying yourself, Like you said, it’s just a hobby. So you have to be serious about this, understand the business fundamentals, but also understand for three years you’re in the suck and you have to work and work hard. And if you’re passionate and purpose driven, it won’t feel like a burden. And then you get your reward where all of a sudden you have enough profit to hire a COO or even a CEO as a founder to run your business and employees and your scaling and it gets easier. So you just have to understand the different philosophies between a nine to five and entrepreneurial pursuit. and make sure you’re passion and purpose driven and that will really help you keep balanced in this kind of crazy lexicon that is working like we do. Nick McGowan (17:17.338)Yeah, especially here in the States. We work much more than other people, but then there are other countries that… It’s the system that they’re in and how they go through it. I think one of things that you pointed out that really stood out to me was how when you take that approach of the passion and the purpose and you’re doing those things, you’re gonna work so much more on that because you’re fired up about it instead of doing whatever reports or whatever BS meetings or whatever you’re doing at nine to five. And you can just keep working on these things. But as you do that, you really start to stretch that muscle. So it’s like you’re able to handle things in year two, year three differently than you could in year one or even year two, let’s say, because everything starts to stack up. So in a very black and white way, for the most part, I think the people that listen to the show are leaders, at least in what they do, if not entrepreneurs, and there are a lot of entrepreneurs that are already in their business. But the people that think about, want to get out of my job, I want to get into a business, if you’ve got to go through that work anyway, and you’re just going to basically jump in a boat and go down that river. Don’t you want to go down the river with the stream instead of trying to fight up it like you’re currently doing in your nine to five? And it’s like, how do you then take that approach and say, all right, well, this is what I want. And there is a difference between passion and purpose. I think we have a seed of purpose that’s within us and there are ways that we get to show our passion with that purpose. But if you can tie that stuff together, you’re almost unstoppable. There’s shit that’s going to happen, but you’re going to get through that. When you talk to different Vincent Wanga (18:34.254)Sure. Right. Nick McGowan (18:58.138)from people about that sort of stuff and tying those two together. What’s the way that you can kind of put that into a vision to be able to show this is where these two pieces kind of can join? Vincent Wanga (19:06.818)Yeah, and I think for me to tell a little story, I was a senior designer art director at an agency in Minneapolis at the time. And I was getting really good insights on the business side of creative from the particular owner I was working with. He was very transparent about those things. So I found out how much he was profiting per employee, particularly me. And that didn’t match up with my salary. Now he’s a business owner. has every right to a profit. That’s not what I’m questioning. What I said is that my value is significantly higher than I thought it was this whole time. I thought it was defined by my salary. And the funny thing about these nine to five jobs, and I’m not knocking them, we all have done it and are having to do it, but they pay you just enough to kill your dreams. You know, I’m sure you’ve heard that before and just enough to be comfortable. And when I realized the potential there, I started taking advantage of that, you know, five to nine time that overnight time. I started, you know, freelancing and getting clients. And when I compared the numbers, I realized if I went full time with my own hustle, I could triple my income and not triple my work hours. So that was the passion part, right? So what that did is it led into my purpose and the purpose was, and I think this is really important is oftentimes when you get into entrepreneurship, Money should never be your motivation. Money is a reward that comes down later. It should be rooted deeper than that. But if you can tie your entrepreneurship with your lifestyle, your ideal lifestyle and outcome, that is the greatest gift in earth. So for example, imagine you’re a snowboarder and you just want to go to Vail and Whistler and, you know, go down the most amazing double black diamond mountains and make that a part of your lifestyle. Imagine starting a business. where you could be in that community and make profit. Now you’re in your ideal lifestyle, your ideal community, and you have a business that helps fund that. And that was kind of my motivation. So I am now independent, tripling my income. I’m working half as much. I’m able to travel the world. And as long as I have wifi, I can continue to make money indefinitely in whatever country I stay in. It was the most incredible lifestyle of my life. And there’s some limits to that we can talk about later, but it gave me this purpose. Vincent Wanga (21:29.1)and passion combined to continue to progress. And I think people just really need to identify not just passion and purpose, but what is that ideal lifestyle that you want this to lead to? What is that outcome? What is that ambition that you have? If you don’t have that goal and you’re just starting out, what are you doing? You’re making trinkets. You’re not getting paid. You have a very expensive hobby that’s probably gonna cost you your family. So you really have to understand at the end of the day, this is a business. You have to have business fundamentals and run it accordingly. And I think you’ll be in a much better place than just going on some wild adventure because you don’t want to wake up at 9 a.m. I promise you, you’ll be disappointed by entrepreneurship if that is the case. Nick McGowan (22:08.812)Yeah, and it’s interesting because that’s like, there are like shades to that almost. You know, like there are times where you call it like we can’t sleep or we have a hard time because we’re thinking we got to pay for this. We got this thing coming in. There’s this thing and I’m sure there’s a left hook that’s going to come out of nowhere and like whatever and you just kind of manage through that stuff. You work through it. But if you are in a better mental spot because of the passion and purpose that you have to do these things, you can actually handle those things instead of just being crippled by it. I’ve thought many different times about how many people got into podcasting during COVID because they were like, what the fuck? I have nobody to talk to. I don’t know what to do right now. I guess I’ll start a podcast or people that became a coach and are like, I guess I’ll become coaches. And if you look at the numbers, they all skyrocketed. then quickly after that just shot down. So many people just couldn’t do it, didn’t want to do it, didn’t have the skills or whatever. And ultimately it wasn’t right for them to be able to do it. Now there are lots of people that stuck with it. I started this in 2014. Vincent Wanga (22:47.256)Mm-hmm. Nick McGowan (23:15.145)So I wasn’t one of those ones that just started it in 20, but I remember thinking that too. Like well now I’m stuck at the house. What am gonna do? And had friends that I talked to and then just came a podcast and whatever else from there. But being able to actually understand like you’re going to start to take those steps and it doesn’t all have to happen at once. So even with the stuff you’re saying like you get to travel, you make money, you do these things. To somebody if they’re listening on the surface they’re gonna go okay cool you’re just another one of those guys who just like pushes this thing and says I live the best life in the world and work. Vincent Wanga (23:22.648)Right. Yep. Nick McGowan (23:45.148)two hours a day and I harvest butterflies and get four billion dollar homes. Like it’s not what we’re saying. But this is a stacked upon process. Like I talked to people at times, I had somebody on recently it was like man you were in like Idaho and Montana and doing this and you travel and it’s like yeah but this has been a work in progress. This isn’t just one of those things like last Tuesday. It’s like you know what fuck everything else and we’re gonna travel we’re gonna do this thing. It’s like you have to build upon those things so you have to take those initial steps. So for somebody trying to figure out right now. I hear what you guys are saying, I want to take these steps and I think I kind of know what I want to do but I’m afraid to do it as a creative saying I’m stuck in this system and I have to pay for things and I’ve built this whole big career and what do I do now? What advice do you give them? Vincent Wanga (24:35.496)well, the first thing is it’s mostly rooted in fear. Release your inhibition of fear because you will fail. You will fail big, you will fail small, you will fail often. I think what actually ironically makes me successful is my lack of fear of failure. I could write a whole thesis on failure and how that’s affected me. But the true reality is it’s been the greatest education of my life. More than a Harvard MBA could teach me going out there doing something really hard and failing or succeeding in that are immense lessons that you can apply to the next thing and you’ll fail a little bit less and apply to the next thing and fail a little bit less. And I just talked about earlier how your job posting a position where you, you don’t want to risk that comfortability to go out there and potentially fail, but you have to understand that’s part of the cycle and learning process that gets you to success. love that Japanese proverb, you know, fall down seven times, get up eight. That’s, that is, it’s a cliche, but it’s so true. You just have to. Nick McGowan (25:29.973)Hey. Vincent Wanga (25:35.192)get out there and fucking do it. And I think the other most important thing is people get into this journey and they’re not prepared for scale. They never think about it. I think they’re too absorbed in the lifestyle part. Like, okay, I get to work from home. I get to take my kids to baseball. This is great. I want to stay in this comfortable zone. If you’re too successful, if you fuck up, you actually have something that scales. Now you need employees. Now you need people to run your business. Nick McGowan (25:52.084)Yeah. Vincent Wanga (26:03.842)Now you need to redo your supply chain. Now things get more expensive. Now you got to pay attention to your margins. Nobody has that ambition. So always enter this with what is that ideal grand scale? If you’re just in this to just, you again, have this hobby mindset, you will fail and failure is okay, but you need to realize you’re building a business. What is the plan for scale? What is the grand ambition? What is the ideal circumstance you want to reach? And then what resources do you need to get there? I think the second most important thing is Choosing your business partner wisely. And I’m emphasizing business partner like it’s almost a requirement. Sure, you can get to a certain level by yourself. You know, there’s that saying, if you want to go fast, go alone. If you want to go far, go together. You need a partner. Nobody has expertise in everything. So figure out what your core competencies are. If you can’t, failure will do that for you. Figure out what you do enjoy and then go find a business partner who complements your skills or compensates for the things that you’re not skilled at. And together. that you and that person can build something really immense and double your time. Because I think the biggest dilemma, particularly in entrepreneurship, historically has been, how do you duplicate yourself? You get to a certain point, how do you find somebody else who will work as hard as you, who’s as motivated as you, who’s as passionate about you? And I think in this age of AI, it doesn’t take a founding team of six anymore. You, another competent person, and three AI agents can really get to a place where you can scale effectively and efficiently in three years. So you just have to think about the grand perspective and not treating it as a hobby. And I think that’s half the way to success and release that inhibition of failure. know the stakes get greater as we get older, but imagine, you know, I mentioned Warren Buffett earlier, if he thought that way, imagine if George Washington thought that way, if Martin Luther King thought that way, like anything worth doing is hard. So get over it, get out there and do it and fail. Take those lessons, apply it to the next thing until you succeed. Nick McGowan (28:01.332)I think something to point out with. George Washington, Buffett, anybody else. Like there are times where I bring up purpose and people are like, well, I don’t know if my purpose is supposed to be the next Steve Jobs or something. No, that was his. Let him have his. You do yours. George Washington, Buffett, everybody else had these thoughts of like, this is where I want to get to. This is what I want to do. But it wasn’t like, I’m going to do this because it’s deep in my heart that I’m going to become George Washington or Buffett or whatever else. They had to actually build upon those things. And there are people that just want to have a solo business. There are people that want to have a small business. And by small, I mean, you know, a few handful of employees, maybe they make millions of dollars, but like, it’s a group of a small group of people. There others that want to have a huge bustling business of hundreds of employees and all of that. But I think it’s important for us to actually talk to ourselves about, do you want it? Because you want the ego of purposes of, have all these employees. I have all these things. Look at the boat that I have that I never get into because I have to work and manage all these employees. What’s the actual purpose underneath that? And I think as a creative and the people that are creatives, we can rely on the creativity inside of us because that’ll always nudge us along. It’s sometimes really hard to listen to. I’m sure you’ve experienced some of that going through probably years where you’re like, it’s hard to listen to it. I’m being creative, but I’m not really being creative. You’re getting paid to be a creative, but you’re basically like churning things out or using of stuff and not really creating but everybody’s like well this looks amazing and you’re like I fucking hate it and I hate you and I hate all this stuff so leave me alone. So for people that are in that spot right now and really for the people that are on their path towards self mastery what sort of advice would you give to them? Vincent Wanga (29:47.938)Well, speaking specifically to creatives, I think you can relate. We have a very unique mindset when it comes to certain things. And I think people misdiagnose us that our advantage is somehow attached to our hands and the software and skills. It’s our mentality in the way that we think. For example, the way we solve problems are completely different. What most people would see as an obstacle, we see as a challenge and we use our creativity to get around it. With the systems that we build, the solutions that we build, that’s what we get paid for. So I think that is an invaluable skill when, whether it’s business or your nine to five is remembering that that is your core competency and your greatest value that you bring is your ability to uniquely solve problems. And that’s why we are employed in every single industry in the world and have survived all kinds of efforts to remove us from those industries. And they keep coming back to us because of that skillset. think in addition to that, you just have to really be prepared for change. And we are an adaptable force. Look at all of the journeys that we’ve been through from the digital revolution and the elimination of print to interactive and AI, all of these things we are at the bleeding, cutting edge of. So we are in a natural position to be early adapters, to see and flesh out these new emerging technologies and see if they’re viable or not, and then use them to our advantage in a competitive sense against some of our non-creative peers in order to thrive. it while others are being replaced by it. So I think we need to recognize our power in that context and use that to our advantage. I’ll also add that you look at the highest level of leadership, a CEO, right? They have immense powerful responsibilities, but the number one is to create vision. They create the vision like Steve Jobs saying, I want a thousand songs in your pocket. And then it trickles down to the rest to execute and to figure out how to make that vision a reality. So vision is a creative mindset. creatives have visionary mindset. So why can’t creatives be those same CEOs? We just lack the business acumen. And I think if I was a creative in that position, that’s the first thing I would balance and start studying is what business skills do I lack that can compliment this thing that is very rare, which is that creative mindset that could make me unstoppable in the marketplace. And I am on this mission in my life to help creatives become more entrepreneurial, to think more business minded because the hardest skill we already have. Vincent Wanga (32:15.498)So having that balance that yin and yang between the creativity and conceptual and the analytical and business mindset will really put you in a place where you will be much more successful than if you try to pursue anything with just one mindset or the other. Nick McGowan (32:30.736)Yeah, what a cool way to be able to put that too. It’s like just being resourceful in that sense. You know, if you think from a basic creative perspective, if you’re just sketching, we need paper or something to draw on. You need the pen or pencil or whatever. And then you need the time. You need these pieces to do these things. So any of these things are like, well, what pieces do I need? Even to the fact about the partners, it’s like, what am I lacking here? What am I not a 10 at? And what does somebody else attend at that I could even just Have some help with some people don’t want to take on partners. They want to do the business by themselves I think that’s where coaches mentors come into play to be able to say I’ve been through this and before here’s some suggestions Here’s how you can go about it. Even just that fact of like just reaching out and having some of those conversations There’s somebody that’s out there. There’s some information that’s out there and I I Don’t want everybody to just lean on AI and everybody’s gonna do whatever they’re gonna do, but I do think that atrophies things I use AI at times. I mean fucking everybody does. It’s more so just being pushed on us at this point. But not literally just saying, I’m just going to hand this thing off and not understand how it is. Like you pointed out earlier, if you want to have a brewery, you have to be all these different things. And if all that is too much for you, don’t do it. If you just want to be a money person, then sure, be a money person and never show up. Maybe go and have a beer every once in a while and that’s it. That’s a whole different story though. Like where the fuck did you get that money from? Did you create a business to do that? know, or some Vincent Wanga (34:00.134)Sure. Nick McGowan (34:00.451)somebody handed to you. But being able to point that out and understand the resources of that and then what you’re good, what you’re not good at, I think it’s really good stuff, man. So I appreciate you bringing that up. It’s been a pleasure having you on. Before I let you go, where can people find you and where can they connect with you? Vincent Wanga (34:14.382)No, I really appreciate the conversation. Again, I speak all over the country and internationally. So if I’m in a conference in your area, please feel free to come up to me. And I love meeting new people, especially in different industries. In addition to that, have a website, VincentWongred.com, where you can see some of my other thought leadership across entrepreneurship, creative, design. Leadership is another thing I speak on often. I also have a book called The Art of Direction. personal perspectives on the path to creative leadership. So that is available through Amazon, Walmart, all the major online retailers and for special order at your bookstore. It’s a book about leadership. And I think that’s agnostic of just the creative industry and the unique, soft and hard skills that you need to make that leap that few people are prepared for. So it also very deeply personal and talks a little bit about my experiences and my journey and of course my failures and how that led to my success. And then you can also contact me on LinkedIn and Instagram through my website. Those are the primary ways you can get a hold of me. Nick McGowan (35:20.208)And again, it’s been pleasure having you on Vince. I appreciate your time. Vincent Wanga (35:23.478)Absolutely. Thank you,
Warren Buffett remains one of the most seasoned and prolific investors, and with over 7 decades of experience, we can learn much from his wisdom on the markets. Donna and Nathan discuss lessons shared by the Oracle of Omaha himself. Also, on our MoneyTalk Moment in Financial History, Nathan and Daniel tell the story of how an oil crisis, post war inflation, and a presidential scandal plunged the nation into a bear market in 1973. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®, CPWA®; Air Date: 11/26/2025; Original Air Date: 4/18/2023. Have a question for the hosts? Leave a message on the MoneyTalk Hotline at (401) 587-SOWA and have your voice heard live on the air!See omnystudio.com/listener for privacy information.
Here's something nobody tells you: knowing how to make money is easy compared to knowing how to spend it well. Morgan Housel, bestselling author and one of the sharpest minds in personal finance, is back in the basement with Joe Saul-Sehy, OG, and Neighbor Doug to tackle the question most financial advice completely ignores: why do we spend the way we do, and how can we get better at it? This isn't about budgeting apps or cutting lattes. It's about understanding the psychology underneath every swipe of your card. Morgan shares stories from his early days working valet for the ultra-wealthy—the spending patterns he observed, the misery he witnessed, and the lessons that changed how he thinks about money forever. Turns out, having more money doesn't automatically make you better at spending it. In fact, it often makes you worse. The conversation digs into what actually creates happiness (spoiler: it's not more stuff), why contentment matters more than your net worth, and how true financial independence isn't about the size of your portfolio—it's about the freedom to make choices that align with your actual values. Morgan also breaks down what Warren Buffett's retirement announcement reveals about staying grounded while building wealth, and why comedians might understand money better than most economists. Plus: Doug takes a trivia detour to a surprisingly risqué national park (because of course), and the crew wraps with binge-worthy recommendations for your next couch night. If you're tired of chasing more and ready to figure out what enough actually looks like, this episode is required listening. What You'll Walk Away With: • Why spending money well is a psychological skill, not a math problem—and how to develop it • What Morgan learned about wealth and misery from parking cars for millionaires in their driveways • The hidden drivers behind your financial decisions (and how to spot them before they derail you) • Why contentment—not consumption—is the real key to long-term happiness • What true financial independence actually means (hint: it's not a number in your bank account) • How Warren Buffett's approach to retirement reveals timeless principles about money and legacy • Simple guiding principles to help you spend smarter and live calmer This Episode Is For You If: • You've hit financial goals but still don't feel satisfied • You're tired of spending money on things that don't actually make you happier • You want to understand why you make the money decisions you do (even the questionable ones) • You're curious what actually separates people who enjoy their money from people who just have it • You believe there's more to financial success than just accumulating more Before You Hit Play, Think About This: What's one purchase you made that brought way more joy than its price tag would suggest—and can you figure out why? That's the kind of spending Morgan's talking about. Drop your answer in the comments—the basement wants to hear what actually brought you happiness. FULL SHOW NOTES: https://www.stackingbenjamins.com/the-art-of-spending-money-with-morgan-housel-1769/ Learn more about your ad choices. Visit podcastchoices.com/adchoices
Bernie Banks is a professor and institute leader at Rice University and co-author of "The New Science of Momentum: How the Best Coaches and Leaders Build a Fire from a Single Spark." As a Brigadier General, he led West Point's Department of Behavioral Sciences and Leadership in his final military assignment. In this episode, Bernie decodes how fleeting moments morph into sustained momentum. Drawing on eight years of research, over 250 interviews and thousands of survey responses across sports, business, politics and the military, Bernie shares a tried-and-true model leaders can use to spark movement, sustain it, and redirect it when needed. Momentum doesn't happen by accident—it's built through small wins, clear culture, situation-readiness, and intentional follow-through. Whether you're leading a team, an organization, or your own career, listen in for practical tools to recognize the early spark, harness the energy, and turn it into a flame that drives real progress. You can find episode 488 on YouTube, or wherever you get your podcasts! Watch this Episode on YouTube | Bernie Banks on From Fleeting Moments to Sustained Momentum https://bit.ly/TLP-488 Key Takeaways [03:27] Bernie explains the book originated from the 2017 Super Bowl when the Patriots came back from 28-3 to win against the Falcons. [06:39] Bernie explains momentum is overlooked because people view it as common sense rather than a vital leadership skill. [08:23] Bernie outlines the momentum model starts with leadership setting culture, then moving into preparation where leaders actively seek to generate momentum. [11:29] Bernie uses Nvidia as an example, explaining they made strategic decisions long ago to prepare for the AI revolution. [14:05] Bernie emphasizes "culture is not what you talk about, it's what you tolerate, it's what you reinforce." [15:35] Bernie shares Alan Mulally telling a disruptive Ford executive they needed a transition conversation because those behaviors wouldn't be tolerated. [19:23] Bernie quotes Warren Buffett on hiring: look for smart, driven, and principled people, never hiring someone high on the first two without the third. [21:57] Bernie explains hiring depends on whether you need to maintain or innovate. [25:05] Bernie advises being open and honest with people about gaps they'll have to address for the new reality. [27:39] Bernie explains momentum requires both managers who optimize systems and leaders who produce change. [30:36] Bernie notes the most effective leaders were high on both people and results orientation. [33:17] Bernie discusses the Pygmalion study, stating people rise to the level of expectations when leaders show vested interest in their well being. [34:51] Bernie explains he replaced "failure" with "embrace challenge" because failure has negative connotation and finality. [37:23] Bernie emphasizes intentionality matters, explaining legacy means our story will be told by others, not ourselves. [41:44] Bernie closes stating "momentum is leader business" and the book is designed as a how-to guide with immediate actions. [44:30] And remember…"The world is wide, and I will not waste my life in friction when it could be turned into momentum." - Frances E. Willard Quotable Quotes "Culture is not what you talk about. It's what you tolerate. It's what you reinforce." "Results are one thing, but the how matters." "Momentum is not something they stumbled upon. It was something they actively sought to generate." "People will rise to the level of your expectations so long as they believe you have a vested interest in fostering their well being and that you're equipping them to meet those expectations." "In the best organizations, accountability is the word, and in many organizations, accountability is a bad word." "Challenges can lead to opportunities, and we can always learn things along the way as we push through challenges." "Legacy comes from the Latin word legatus, which means people, person, delegated, which means our story will not be told by self." "Be intentional. The great leaders are." "Momentum is a leader business. " "A core obligation of every leader is to put their people in a position to win." "You don't put people in a position to win by watering down expectations." "Wherever there's a challenge, there's an opportunity." These are the books mentioned in this episode Resources Mentioned The Leadership Podcast | theleadershippodcast.com Sponsored by | www.darley.com Rafti Advisors. LLC | www.raftiadvisors.com Self-Reliant Leadership. LLC | selfreliantleadership.com Bernie Banks Facebook | www.facebook.com/bernard.banks.9 Bernie Banks LinkedIn | www.linkedin.com/in/bernard-bernie-b-4458003
Hello to you listening wherever your feet touch the ground.Coming to you from Whidbey Island, Washington this is Stories From Women Who Walk with 60 Seconds (& a bit more) for Wednesdays on Whidbey and your host, Diane Wyzga.Maybe like me you see us careening to the end of 2025 and wondering WTF how we've been living and what, if anything can we change for the better? The following several paragraphs entitled, A Few Final Thoughts, are excerpted from Warren Buffet's Final Shareholder Letter dated 10th November 2025. Click HERE to access the entire letter published as a pdf on the Berkshire Hathaway website.“One perhaps self-serving observation. I'm happy to say I feel better about the second half of my life than the first. My advice: Don't beat yourself up over past mistakes – learn at least a little from them and move on. It is never too late to improve. Get the right heroes and copy them.Remember Alfred Nobel, later of Nobel Prize fame, who – reportedly – read his own obituary that was mistakenly printed when his brother died and a newspaper got mixed up. He was horrified at what he read and realized he should change his behavior.Don't count on a newsroom mix-up: Decide what you would like your obituary to say and live the life to deserve it.Greatness does not come about through accumulating great amounts of money, great amounts of publicity or great power in government. When you help someone in any of thousands of ways, you help the world. Kindness is costless but also priceless. Whether you are religious or not, it's hard to beat The Golden Rule as a guide to behavior.I write this as one who has been thoughtless countless times and made many mistakes but also became very lucky in learning from some wonderful friends how to behave better (still a long way from perfect, however). Keep in mind that the cleaning lady is as much a human being as the Chairman.Prompt: What do you make of the notion that greatness is defined not by wealth or power, but by the kindness and help we offer to others in everyday situations? Can you share a personal story that illustrates a moment when you realized a need for change in your behavior, similar to Alfred Nobel's realizations after reading his premature obituary? What helps you live each day in a way that aligns with the values and legacy you'd wish to be remembered for?”A Few Final Thoughts is excerpted from Final Shareholder Letter by Warren Buffet dated 11-10-25You're always welcome: "Come for the stories - Stay for the magic!" Speaking of magic, I hope you'll subscribe, share a 5-star rating and nice review on your social media or podcast channel of choice, bring your friends and rellies, and join us! You will have wonderful company as we continue to walk our lives together. Be sure to stop by my Quarter Moon Story Arts website, check out the Services, arrange a no-obligation Discovery Call, and stay current with me as "Wyzga on Words" on Substack.Stories From Women Who Walk Production TeamPodcaster: Diane F Wyzga & Quarter Moon Story ArtsMusic: Mer's Waltz from Crossing the Waters by Steve Schuch & Night Heron MusicALL content and image © 2019 to Present Quarter Moon Story Arts. All rights reserved. If you found this podcast episode helpful, please consider sharing and attributing it to Diane Wyzga of Stories From Women Who Walk podcast with a link back to the original source.
In this episode, The Annuity Man discussed: Prioritizing safety and guarantees Selling only contractual commitments Using PILL to guide purpose Key Takeaways: Annuities should focus on protecting principal and providing a reliable income. Strong insurance carrier backing ensures certainty and reduces risk. Avoiding speculative products maintains financial security for clients. Only offer annuities with contractual guarantees, not hypothetical promises. Market-based growth claims are often unrealistic and misleading. Contractual commitments provide clarity and protect client interests. PILL stands for principal protection, income for life, legacy, and long-term care. This framework aligns annuities with client goals and priorities. It provides a clear structure for evaluating annuity suitability. "With annuities, you're transferring the risk to the life insurance company that issues the annuity." — Stan The Annuity Man Connect with The Annuity Man: Website: http://theannuityman.com/ Email: Stan@TheAnnuityMan.com Book: Owner's Manuals: https://www.stantheannuityman.com/how-do-annuities-work YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g Get a Quote Today: https://www.stantheannuityman.com/annuity-calculator!
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about Medicare Open Enrollment ending, what you should know about ‘Trump accounts’ and how they will work, and why she always adheres to Warren Buffet’s advice that, ‘nobody ever got rich betting against America.’ Terry also suggests you visit her Year-End Planning Checklist.
Chanticleer columnist James Thomson and technology editor Paul Smith on the multi-trillion dollar AI investment boom, where the opportunities are for Australia and what happens if it goes wrong. This podcast is sponsored by Acenda Further reading: OpenAI in Australian blitz as it woos start-ups, corporatesThe Silicon Valley giant behind ChatGPT will offer free services to major venture capital-backed tech companies as it attempts to steal a march on rivals. Burry, Buffett and boomers: How markets drive our ugly generation gapWhile investors love the contrarian wisdom of Michael Burry and Warren Buffett, capital-soaked markets mean the world they won in is gone, creating deep societal problems. Reasons the AI bubble doesn’t look like the dotcom crash (yet)It’s the biggest spending spree in history. Is the AI boom a bubble, and what does it mean for investors and the Australian economy if it bursts?See omnystudio.com/listener for privacy information.
Brian Skrobonja sits down with Phon Vilayoune to unpack buffered ETFs and income notes. Phon is the Founder and CEO of VETA Investment Partners, where they currently oversee over $5.5 billion in assets. They discuss the benefits of positioning your portfolio for growth and safety, how to protect your nest egg in volatile markets, and practical strategies for optimizing gains while limiting downside risk. Tune in to hear professional insights on ETFs, income notes, and actionable frameworks for navigating today's complex market cycles. Phon explains how he entered the investing world and now helps oversee roughly $5.5B in assets. Phon highlights what trading during the 2008–09 crisis taught him about being positioned like Warren Buffett or Middle Eastern banks. In deep volatility, cash plus cash flow gives you the power to buy when everything is on sale. Why you want a Buffett-style portfolio in a downturn: Buffett held strong during bear markets and bought when others panicked. How to win more by losing less. Phon says risk management is the key. You never want to be a forced seller during a correction because you take a double hit: loss plus selling at the bottom. Phon and Brian break down buffered ETFs and how they're tied to S&P 500 options designed to provide a more predictable range of outcomes over 12 months. Think of it like investing with guardrails — you're participating but with intentional limits on downside. Learn what income notes are: Phon says it's basically converting equity exposure into monthly income. For example, instead of holding stocks outright, you buy a structured note designed to pay you steady monthly income while still giving some market participation. It's like blending investing and cash flow without fully being in the stock market. Phon on the future earnings potential of ETFs. He believes growth will continue, especially as aging demographics seek income and protection. BlackRock projects more than $600B in defined-outcome/Buffered ETFs in the coming years. Brian highlights that markets don't move straight up forever. We all intellectually understand cycles, but emotionally, we forget. That's why having a plan for downturns is essential. Phon shares a real-life ETF scenario and how, in 2002, a near-retirement couple protected their nest egg during intense volatility using defined outcome tools. They preserved their lifestyle when others were taking major hits. How to balance your portfolio for growth and safety. For Phon, the best thing you can do is to talk to a real human advisor. There's too much DIY noise; professional guidance helps you tune the right mix for your unique situation. Phon on what to ask your advisor: Ask how your portfolio would perform in a COVID-style year or another global-financial-crisis scenario. Then ask how it generates income and supports your goals. His favorite question: "Have you actually guided clients through a deep bear market?" Why working with a professional matters: Many strategies look great and work during bull markets. But the real test is whether they protect you when things are down. Phon explains that good portfolio design is about being structurally prepared before volatility hits. You want a position that holds through downturns—and ideally lets you buy when opportunities appear. Phon's parting advice to the audience: Go outside, walk your dog, and take real time away with family. Getting off screens and into nature helps you stay grounded. Investing is long-term—your life should be too. Mentioned in this episode: VetaInvestmentPartners.com BlackRock.com/us/financial-professionals/insights/outcome-etfs BrianSkrobonja.com SkrobonjaFinancial.com SkrobonjaWealth.com BUILDbanking.com Common Sense Financial Podcast on YouTube Common Sense Financial Podcast on Spotify Alternative investments may be subject to less regulation than other types of pooled investment vehicles. Alternative Investments may impose significant fees, including incentive fees that are based upon a percentage of the realized and unrealized gains and an individual's net returns may differ significantly from actual returns. Such fees may offset all or a significant portion of such Alternative Investment's trading profits. Incorporating alternative investments into a portfolio presents the opportunity for significant losses including in some cases, losses which exceed the principal amount invested. Also, some alternative investments have experienced periods of extreme volatility and in general, are not suitable for all investors. Asset allocation and diversification strategies do not ensure profit or protect against loss in declining markets ---- BUILD Banking™ is a DBA of Skrobonja Insurance Services, LLC. Benefits and guarantees are based on the claims paying ability of the insurance company. Not FDIC insured. Results may vary. Any descriptions involving life insurance policies and its use as an alternative form of financing or risk management techniques are provided for illustration purposes only, will not apply in all situations, may not be fully indicative of any present or future investments, and may be changed at the discretion of the insurance carrier, General Partner and/or Manager and are not intended to reflect guarantees on securities performance. The term BUILD Banking™, private banking alternatives or specially designed life insurance contracts (SDLIC) are not meant to insinuate that the issuer is creating a real bank for its clients or communicating that life insurance companies are the same as traditional banking institutions. This material is educational in nature and should not be deemed as a solicitation of any specific product or service. BUILD Banking™ is offered by Skrobonja Insurance Services, LLC only and is not offered by Madison Avenue Securities, LLC. nor Skrobonja Wealth Management, LLC. ---- This content is intended for informational purposes only. It is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual's situation. Skrobonja Financial Group, LLC, Skrobonja Insurance Services, LLC, Skrobonja Wealth Management, LLC are not permitted to offer and no statement made during this presentation shall constitute tax or legal advice. Our firms are not affiliated with or endorsed by the U.S. Government or any governmental agency. The information and opinions contained herein provided by third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed by Skrobonja Financial Group, LLC, Skrobonja Insurance Services, LLC, Skrobonja Wealth Management, LLC. ---- Securities offered only by duly registered individuals through Madison Avenue Securities, LLC. (MAS), Member FINRA &SIPC. Advisory services offered only by duly registered individuals through Skrobonja Wealth Management (SWM), a registered investment advisor. Tax services offered only through Skrobonja Tax Consulting. MAS does not offer Build Banking or tax advice. Skrobonja Financial Group, LLC, Skrobonja Wealth Management, LLC, Skrobonja Insurance Services, LLC, Skrobonja Tax Consulting, and Build Banking are not affiliated with MAS. Skrobonja Wealth Management, LLC is a registered investment adviser. Advisory services are only offered to clients or prospective clients where Skrobonja Wealth Management, LLC and its representatives are properly licensed or exempt from licensure. The firm is a registered investment adviser with the state of Missouri, and may only transact business with residents of those states, or residents of other states where otherwise legally permitted subject to exemption or exclusion from registration requirements. Registration with the United States Securities and Exchange Commission or any state securities authority does not imply a certain level of skill or training. Skrobonja Wealth Management has no ownership interest, compensation arrangement, revenue-sharing agreement, or other economic relationship with Veta Investment Partners. We may allocate a portion of a client's portfolio to strategies managed by Veta Investment Partners when we determine that the allocation is appropriate for the client's objectives, risk tolerance, and overall portfolio design. Our selection of Veta's strategies is based solely on the merits of the investment and the needs of the client, and not on any financial relationship between our firms.
Skeptical about what a 95-year-old billionaire can teach you about leadership, storytelling, and executive communication? That's fair, but Warren Buffett's final letter to his Berkshire Hathaway shareholders is worth studying for its clarity, humility, and sense of humor. In this episode, host Bradley Hartmans breaks down this masterclass in executive communication and leadership that every construction leader can learn from. Buffett's farewell isn't just an unusual corporate SEC filing—it's a roadmap for leading with legacy in mind. In this episode you will: Discover why Buffett's best leadership trait might not be what you think (and how to apply it on your own job sites). Learn how focusing on emotional intelligence, gratitude, and long-term thinking can drastically improve how you lead your teams. Get practical storytelling and communication takeaways that will help you lead with more confidence and far less firefighting. Listen now to learn how one of history's greatest business minds wrote his final message—and what it means for your leadership journey. Click here to download a PDF of Buffett's final letter. The Construction Leadership Podcast dives into essential leadership topics in construction, including strategy, emotional intelligence, communication skills, confidence, innovation, and effective decision-making. You'll also gain insights into delegation, cultural intelligence, goal setting, team building, employee engagement, and how to overcome common culture problems. Whether you're leading a crew or managing an entire organization, these conversations will equip you with tools to lead smarter and build stronger teams. This episode is brought to you by The Simple Sales Pipeline® —the most efficient way to organize and value any construction sales rep's roster of customers and prospects in under 30 minutes once every 30 days. *** If you enjoyed this podcast, please leave a review on Apple Podcasts. Your feedback will help us on our mission to bring the construction community closer together. If you have suggestions for improvements, topics you'd like the show to explore, or have recommendations for future guests, do not hesitate to contact us directly at info@bradleyhartmannandco.com.
19 Ridiculously Simple Rules That Made Warren Buffett Rich [From The Intelligent Investor]
Geldbildung.de - Finanzielle Bildung über Börse und Wirtschaft
Viele Anleger sind auf der Suche nach jährlich gleichbleibenden Renditen ohne das Risiko zu großer Kursverluste einzugehen. Es gibt viele Anlageprodukte oder Strategien, die Privatanlegern suggerieren, dass mit einem klugen "Risikomanagement" beides möglich ist. Eine attraktive Rendite am Aktienmarkt verdienen und gleichzeitig die Sicherheit haben, dass die Verluste strikt begrenzt sind. In dieser Folge besprechen wir anhand der Performance der Aktie von Berkshire Hathaway, warum attraktive Renditen am Aktienmarkt ohne Rückgänge schwer langfristig möglich sind. Wir besprechen auch, welche zwei Fragen entscheidend sind, bevor wir Kapital am Aktienmarkt investieren sollten. Jeden Sonntag mehr Geldbildung direkt in Dein E-Mail-Postfach. Seit 2014. Schließe Dich über 10.000 cleveren Geldbildern an: Jetzt Teil der sonntäglichen Community werden Werde Teil des ICs von Geldbildung, hole Dir Geldbildung als Sparringspartner an Deine Seite und lerne regelmäßig spannende Investment-Cases kennen: Jetzt Mitglied werden Hinweis: die in dieser Podcast Folge genannten Informationen sind zu keinem Zeitpunkt als Anlageempfehlung zu verstehen.
The John approved Dash Egg Cooker from last week's show had several listeners report back that they bought one—plus, two of them know Gilded Age star Claybourne Elder. In Caught My Eye: frozen popcorn becomes a thing, and a $9.2 million Superman comic turns up in an attic. We celebrate Facebook's Chris Hughes for the Business Birthday, and in Shop Talk, Warren Buffett reminds us to manage regret—and maybe draft the obituary we want. We're all business. Except when we're not. Apple Podcasts: apple.co/1WwDBrC Spotify: spoti.fi/2pC19B1 iHeart Radio: bit.ly/4aza5LW Tunein: bit.ly/1SE3NMb YouTube Music: bit.ly/43T8Y81 Pandora: pdora.co/2pEfctj YouTube: bit.ly/1spAF5a Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Deezy looks at the Warren Buffett-style of investing and applies it to crypto. What are the most popular yield strategies and what do they pay out? https://coindepo.com/
Send us a textWelcome to Safe Dividend Investing's Podcast # 251, on November 29th of 2025. My name is Ian Duncan MacDonald, and I am an author of six investment books. Today is a very quick podcast. I am trying to finish up my latest book before Christmas. It is called “Achieving Financial Independence From 180 High Dividend NYSE stocks - Analyzed and Scored”. Over the last 7 months It has taken up much more of my time than I had expected. However, the end is in sight, and I think it will be of great assistance to anyone trying to build a portfolio of financially strong, high dividend, income stocks.I did have time this week to watch a recent lecture by Warren Buffet on YouTube. It is not often you get insights into the pluses and minuses of bit coins, investment bubbles, and why value investing works, from an outstanding investor with 70 years of investment experience. I think anyone who listens to this video will come away as I did much wiser and better informed. The lecture has a terrible title to get your attention “Bitcoin is going to zero”. It was easily found on YouTube. I strongly recommend listening to it. Hopefully I will soon finish the job of launching my new 340-page book. My plan is to have a preliminary release of the book at a reduced price. If you wish to be informed of this preliminary release, please email me at imacd@informus.ca.This is Ian MacDonald hoping my 250 podcasts have motivated you to pursue financial independence as a self-directed investor. Visit my website www.informus.ca if you wish to learn more about me and my books. Ian Duncan MacDonald Author and Commercial Risk Consultant,President of Informus Inc 2 Vista Humber Drive Toronto, Ontario Canada, M9P 3R7 Toronto Telephone - 416-245-4994 New York Telephone - 929-800-2397 imacd@informus.ca
Episode 618: Matthew and Abbie share the powerful life lessons Warren Buffett models – principles that shape how we live, not just how we invest. And for people who hate “money stuff,” learn how to make money feel simple and manageable with an easy system that works even if budgeting and spreadsheets aren't your thing.
We will talk about Warren Buffett's pile of cash and the concept of "controlled greed" in today's market.Today's Stocks & Topics: Prologis, Inc. (PLD), Market Wrap, Bright Minds Biosciences Inc. (DRUG), “Buffett's $382 Billion Cash Pile”, Heritage Global Inc. (HGBL), Tokio Marine Holdings, Inc. (TKOMY), Markel Group Inc. (MKL), Bristol-Myers Squibb Company (BMY), The Federal Reserve, Vanguard Mid-Cap Value Index Fund ETF Shares (VOE), Netflix, Inc. (NFLX), Barrick Mining Corporation (B), How A-I Influences Shopping.Our Sponsors:* Check out Incogni: https://incogni.com/investtalk* Check out Invest529: https://www.invest529.com* Check out NordProtect: https://nordprotect.com/investalk* Check out Progressive: https://www.progressive.com* Check out Quince: https://quince.com/INVEST* Check out TruDiagnostic and use my code INVEST for a great deal: https://www.trudiagnostic.comAdvertising Inquiries: https://redcircle.com/brands
The Oracle of Omaha is officially "going quiet." In a rare and deeply personal announcement, Warren Buffett published what appears to be his final press release to shareholders. This episode isn't about taxes, investing, or the latest market headlines. It's about how one of the most successful investors of all time is thinking about money, family, aging, and what actually matters when the scoreboard stops moving. In this Thanksgiving special, I break down: ▶ Why he chose to say this now (at age 95!) ▶ What retirement savers and investors can learn from his message ▶ How his parting wisdom can change the way you use your time and wealth If you've ever wondered what your future self might wish you'd paid more attention to today, this conversation is for you. Tune in for the deeper meaning behind Buffett's Thanksgiving sign-off ("yes, even the jerks") and what it reveals about redefining success in the second half of life. ***
Het Orakel van Omaha. Is daar nog niet alles over gezegd? Welnee. We kunnen niet lang genoeg naar deze man luisteren. Uit een enorme lading luisterwaardig materiaal visten we de beste uitspraken van Buffett. In deze aflevering lopen we ze langs aan de hand van zijn investeringsfilosofie, die sterk is geworteld in de basisprincipes van zijn mentor Benjamin Graham: Mr. Market, Margin of Safety en Buy Businesses. Pim deelt een korting uit op PDT en heeft Crowdstrike verkocht. ► Uitgebreide show notes en achtergrondinformatie: https://jongbeleggendepodcast.nl/207-grote-beleggers-warren-buffett-deel-1 ► Word Vriend: https://portfoliodividendtracker.com ► Updates via Instagram: https://www.instagram.com/jongbeleggen ► Mijn volledige portfolio: https://app.portfoliodividendtracker.com/p/jongbeleggen 1) We maken gebruik van programmatic advertising, wat inhoudt dat we geen invloed hebben op de spots die in de podcast worden afgespeeld. Dit is vergelijkbaar met tv, YouTube, radio en de krant, uiteraard met uitzondering van de advertenties die we zelf hebben ingesproken. 2) Deze podcast is 100% expertise-vrij en alleen geschikt voor amusementsdoeleinden. De inhoud mag niet worden beschouwd als financieel advies. ► Voor boekhoudtips én een extra lange gratis proefperiode, ga naar moneybird.nl/jongbeleggen. ► Ga naar Incogni.com/JongBeleggen voor 60% korting. ► Geef jezelf 3 tellen en bij twijfel klik weg. Deze aflevering is in samenwerking met De Rijksoverheid. Kijk voor meer informatie over online oplichting op laatjenietinterneppen.nl.See omnystudio.com/listener for privacy information.
This blog is the best explanation of AI intelligence increase I've seen: https://metr.org/blog/2025-03-19-measuring-ai-ability-to-complete-long-tasks/ ### Defining Market Bubbles - Traditional definition: 20%+ share price decline with economic slowdown/recession - Alternative perspective: hype/story not matching reality over time (dot-com example) - Duncan's view: share prices ahead of future expectations - Share prices predict future revenue/profit - Decline when reality falls short of predictions ### Historical Bubble Context - Recent cycles analyzed: - COVID (2020) - pandemic-led, quickly reversed with government intervention - GFC (2008) - housing bubble, financial crisis, deeper impact - Tech bubble (1999) - NASDAQ fell 80%, expectations vs reality mismatch - S&L crisis (1992) - mini financial crisis - Volcker era (1980s) - interest rates raised to break inflation ### Current AI Market Dynamics - OpenAI: fastest growing startup ever, $20B revenue run rate in 2 years - Anthropic: grew from $1B to $9B revenue run rate this year - Big tech revenue acceleration through AI-improved ad platform ROI - Key concern: if growth rates plateau, valuations become unsustainable ### Nvidia as Market Bellwether - Central position providing GPUs for data center buildout - Recent earnings beat analyst expectations but share price fell - Market expectations vs analyst expectations are different metrics - 80% of market money judged on 12-month performance vs long-term value creation ### AI Technology Scaling Laws - Intelligence capability doubling every 7 months for 6 years - Progress from 2-second tasks to 90-minute complex programming tasks - Cost per token declining 100x annually on frontier models - Current trajectory: potential for year-long human-equivalent tasks by 2028 ### Investment Scale and Infrastructure - $3 trillion committed to data center construction this year - Power becoming primary bottleneck (not chip supply) - 500-acre solar farms being built around data centers - 7-year backlog on gas turbines, solar+battery fastest deployment option ### Bubble vs Boom Scenarios - Bear case: scaling laws plateau, power constraints limit growth - Short-term revenue slowdown despite long-term potential - Circular investment dependencies create domino effect - Bull case: scaling laws continue, GDP growth accelerates to 5%+ - Current 100% GPU utilization indicates strong demand - Structural productivity gains justify investment levels ### Market Structure Risks - Foundation model layer: 4 roughly equal competitors (OpenAI, Anthropic, Google, XAI) - No clear “winner takes all” dynamic emerging - Private company valuations hard to access for retail investors - Application layer: less concentrated, easier to build sustainable businesses - Chip layer: Nvidia dominance but Google TPUs showing competitive performance
From losing his $25,000 life savings on his first startup investment to democratizing venture capital for everyday investors, Gerry Hays shares proven strategies for making early-stage investing accessible through VentureStaking while teaching founders outside traditional tech hubs how to raise capital and build sustainable businesses. In this episode of the DealQuest Podcast, host Corey Kupfer sits down with Gerry Hays, founder and CEO of Doriot and Senior Lecturer at Indiana University's Kelley School of Business. Gerry has made 75+ startup investments, taught venture capital for 20 years, and built multiple companies from zero to exit, including HomeYeah.com and Charlie Biggs Food Company. His current mission focuses on expanding venture capital access beyond coastal hubs through innovative funding models. WHAT YOU'LL LEARN: In this episode, you'll discover how to participate in early-stage startup investing with as little as $10 through the VentureStaking model, why the right to invest later in winning companies proves more valuable than over-investing today, and how collapsing startup costs are fundamentally changing capital requirements for founders. Gerry shares strategies for avoiding what he calls "the fool's tax" when making your first investments, the critical importance of backing founders over ideas, and why venture investing resembles poker more than roulette. You'll also learn about building venture ecosystems within universities where students and alumni can collaborate on funding and growth, navigating the decision between raising capital versus bootstrapping your business, and the difference between venture-appropriate businesses versus lifestyle companies. The conversation explores tokenization's potential to create an ownership economy, why cultivation mindset beats consumption thinking for long-term wealth building, and what freedom from scarcity truly means in both dealmaking and life. GERRY'S JOURNEY: Gerry's path into venture capital came through painful education. After leaving law practice after just six months, he made his first investment at age 27, putting his entire life savings of $25,000 into a hazardous waste processing technology. He knew the space intimately from running lobbying for Indiana's Department of Environmental Management. The technology made sense. The market opportunity was clear. But the founder couldn't execute, and Gerry lost everything. That lesson kept him away from startup investing for a decade. Instead, he became a founder himself, launching HomeYeah.com during the dot-com boom. He acquired a small Indianapolis company with 25 lawn signs and built it into the 11th largest real estate company in Indianapolis by transactions, growing from zero to $1.8 million in revenue in just 20 to 24 months. The company sold to Help-U-Sell Real Estate in 2003, but not before Gerry experienced the challenge of raising capital outside traditional tech hubs. After the HomeYeah.com exit, Indiana University invited him to teach a new venture capital course. He's been there since 2004, creating what he calls a bridge between academic theory and real-world startup practice. Meanwhile, he co-founded Charlie Biggs Food Company, scaling it from zero to $10 million in revenue with distribution in over 1,000 retail locations before exiting through a private equity deal. FIRST INVESTMENT LESSONS: That initial $25,000 loss taught Gerry what he calls "avoiding the fool's tax." The fundamental insight was simple but profound. When you invest, you're really investing in founders more than ideas. He was simply a bad picker of founders at that point. The technology expertise didn't matter. Market knowledge didn't matter. What mattered was identifying founders who could execute through inevitable obstacles and pivots. This lesson shaped everything that followed. Gerry wouldn't touch startup investing again for ten years after that loss. When he did return, his approach centered on cultivating relationships with founders over time, watching how they respond to challenges, and building diversified portfolios that acknowledge most investments will fail. VENTURESTAKING MODEL: The VentureStaking approach emerged from Gerry's years of teaching and investing. The model allows investors to participate with as little as $10 in early-stage founders. Instead of writing large checks for immediate equity, venture stakers provide small grants to founders just getting started. If those founders break out and raise a real equity round, the stakers get invited to invest at 10 times their initial stake. The math works elegantly. Out of 25 investments of $10 each totaling $250, you might only see three worth backing in a real round. But when winners emerge, you've earned the right to participate in meaningful equity rounds without the traditional barriers to entry. This democratizes access while maintaining sophisticated portfolio construction principles. Gerry likens venture investing to poker rather than roulette. You play many hands with small amounts. You fold most of them. But when you spot real winners, you bet heavy. This is cultivation versus consumption, a long-term wealth-building game that Warren Buffett exemplifies, having created 99% of his wealth after age 65. THE COLLAPSING COST OF STARTING: One of the most profound shifts Gerry identifies is how startup costs have collapsed. What required $5 million to build ten years ago can now be created in a day for $50 thanks to AI agents, no-code platforms, and cloud services. This changes everything about capital requirements and who can be a founder. This trend combines with tokenization to create what Gerry calls an ownership economy. Instead of owning a few stocks generating passive income, people could hold tokens in 150 companies, each generating small amounts of passive income without traditional barriers to entry. The infrastructure for this future is being built now through blockchain technology and regulatory evolution. UNIVERSITY VENTURE ECOSYSTEMS: Gerry's work brings the VentureStaking model to universities, creating ecosystems where students, alumni, and faculty can participate in funding and building the next generation of startups. Indiana University has 70,000 students and 800,000 alumni. Imagine creating an arena where students pitch ideas, alumni back them with small stakes, and the community participates in the upside when founders succeed. Shared information, shared risk, shared prosperity. This approach captures innovation traditional VCs miss entirely. Founders outside coastal hubs gain access to capital. Alumni gain access to investment opportunities typically reserved for accredited investors with six-figure minimums. Students learn by doing rather than just studying theory. The model scales to any university willing to build the infrastructure. KEY INSIGHTS: Geographic location shouldn't determine access to capital. Gerry experienced this firsthand with HomeYeah.com in Indianapolis. He wasn't in California. He didn't have the right connections. That challenge drives his current work at Doriot, focused on democratizing venture capital for founders and investors outside traditional hubs. The Sam Altman example illustrates how network effects compound. Altman invested $15,000 in Stripe in 2009, now worth $650 million. That wealth creates access to more deals. Those deals create more wealth. The rich get richer not because they're smarter but because they have access. VentureStaking aims to expand that access. Contracts matter, but people matter just as much. Gerry's experience shows that when something seems too easy, like tenants responding unusually quickly to lease documents without redlines for 10-15 year commitments, it raises red flags. You can have perfect legal documents but still face challenges if you're working with the wrong people. THE SHARK TANK STORY: Gerry shares his Shark Tank experience where his former student pitched a business and received a $250,000 offer from Mark Cuban for 35% equity. Gerry advised him that existing SAFEs would push him below 50% ownership. The founder turned down Cuban's offer. That "no" to Mark Cuban kicked off Season 4 of Shark Tank and generated publicity that proved more valuable than the deal itself. The company continued growing without the investment. CULTIVATION VERSUS CONSUMPTION: One of Gerry's most powerful insights addresses how society trains people for consumption rather than cultivation. We've made sports betting legal. Prediction markets are booming. We're training young people about fast-moving money and dopamine hits. But venture investing is a cultivation game. You're dropping seeds into the ground and watching what the universe brings back. He gave a student $5,000 who wanted to build something in the travel industry. The founder pivoted to AI and Shopify and just raised $8 million at a $55 million valuation. That $5,000 investment is now worth over $200,000. The bet wasn't on the idea. It was on a founder who wouldn't quit. That's something you discover by playing the game, getting yourself into wealth-building activities where you're patient, watching, and learning. FREEDOM FROM SCARCITY: When asked about freedom, Gerry's answer cut to something fundamental. Being free from a scarcity mindset is profoundly important. Everything around us reinforces scarcity. But when you let go of that and realize how abundant things really are, it changes how you see opportunities. You can afford to be patient. You can take calculated risks. You can help others succeed knowing there's enough to go around. This mindset applies to venture capital, to dealmaking, to entrepreneurship, and to life. When you operate from abundance rather than scarcity, you see opportunities differently. Capital formation is evolving. The question is whether that evolution will democratize opportunity or concentrate it further. Gerry's betting on democratization. Perfect for investors curious about venture capital but feeling locked out of traditional opportunities, founders outside coastal tech hubs seeking capital, university administrators exploring venture ecosystem development, and anyone interested in how capital formation is evolving to become more accessible while maintaining sophisticated portfolio construction principles. FOR MORE ON THIS EPISODE: https://www.coreykupfer.com/blog/gerryhays FOR MORE ON GERRY HAYS:https://www.linkedin.com/in/gerryhays/ https://doriot.com FOR MORE ON COREY KUPFERhttps://www.linkedin.com/in/coreykupfer/https://www.coreykupfer.com/ Corey Kupfer is an expert strategist, negotiator, and dealmaker. He has more than 35 years of professional deal-making and negotiating experience. Corey is a successful entrepreneur, attorney, consultant, author, and professional speaker. He is deeply passionate about deal-driven growth. He is also the creator and host of the DealQuest Podcast. Get deal-ready with the DealQuest Podcast with Corey Kupfer, where like-minded entrepreneurs and business leaders converge, share insights and challenges, and success stories. Equip yourself with the tools, resources, and support necessary to navigate the complex yet rewarding world of dealmaking. Dive into the world of deal-driven growth today! Episode Highlights with Timestamps [00:00] - Introduction to Gerry Hays and the VentureStaking model [02:15] - Growing up around real estate and finding it boring initially [04:30] - The $25,000 first investment loss and avoiding the fool's tax [07:45] - Launching HomeYeah.com during the dot-com boom and growing to $1.8 million [10:20] - Capital raising challenges outside traditional tech hubs [12:30] - Selling HomeYeah.com to Help-U-Sell Real Estate in 2003 [14:15] - Teaching venture capital at Indiana University since 2004 [16:45] - Building Charlie Biggs Food Company from zero to $10 million in revenue [19:30] - The VentureStaking model explained with $10 minimum investments [22:15] - Why venture investing is poker, not roulette [25:00] - The collapsing cost of starting companies from millions to dollars [27:30] - Tokenization and the ownership economy vision [30:45] - The $5,000 investment now worth $200,000 after founder pivoted to AI [33:20] - Sam Altman's $15,000 Stripe investment now worth $650 million [36:00] - Building venture ecosystems within universities [39:15] - The Shark Tank story where student turned down Mark Cuban [42:00] - Cultivation versus consumption mindset for wealth building [44:30] - Warren Buffett creating 99% of wealth after age 65 [46:45] - Freedom from scarcity mindset in dealmaking and life Guest Bio Gerry Hays is the founder and CEO of Doriot, a platform focused on democratizing venture capital by expanding access for entrepreneurs outside traditional coastal hubs. He is also a Senior Lecturer at Indiana University's Kelley School of Business, where he has taught Venture Capital and Entrepreneurial Finance since 2004. Gerry began his career in politics and law before founding HomeYeah.com, an online real estate platform that grew from zero to $1.8 million in revenue in 20-24 months and became the 11th largest real estate company in Indianapolis by transactions. The company was acquired by the private equity firm behind Help-U-Sell Real Estate in 2003. He co-founded Charlie Biggs Food Company, growing it to over $10 million in annual revenue with distribution in over 1,000 retail locations before exiting through a private equity deal. He also co-founded Apparel Media Group, later acquired by Custom Ink. An active investor, Gerry has backed 75+ early-stage companies, several of which have raised over $20 million or achieved profitability. He has been investing in Bitcoin and Bitcoin Layer 2 infrastructure since 2013. Gerry is the author of The First-Time Founders Equity Bible and has led student venture immersion trips to Asia for over a decade. Host Bio Corey Kupfer is an expert strategist, negotiator, and dealmaker with more than 35 years of professional deal-making and negotiating experience. Corey is a successful entrepreneur, attorney, consultant, author, and professional speaker deeply passionate about deal-driven growth. He is the creator and host of the DealQuest Podcast. Show Description Do you want your business to grow faster? The DealQuest Podcast with Corey Kupfer reveals how successful entrepreneurs and business leaders use strategic deals to accelerate growth. From large mergers and acquisitions to capital raising, joint ventures, strategic alliances, real estate deals, and more, this show discusses the full spectrum of deal-driven growth strategies. Get the confidence to pursue deals that will help your company scale faster. Related Episodes Episode 350 - Tom Dillon on Fractional CFOs and Alternative Funding Sources: Learn how fractional CFO services help companies explore diverse funding options beyond traditional venture capital. Episode 351 - Solocast on Deal Structures Beyond M&A and Capital Raising: Explore joint ventures, strategic alliances, licensing agreements, and other creative partnership models that expand growth options. Episode 89 - Sherisse Hawkins on the Capital Raising Journey: Discover the practical realities of securing investment as a founder and navigating the funding landscape. Episode 85 - Nick Adams on Seed Stage Venture Capital Funds: Understand how traditional VCs evaluate early-stage deals and what metrics matter most to institutional investors. Episode 175 - Natasha Miller on Developing Strategic Partnerships: Master the concepts of shared risk, shared resources, and creative collaboration structures that bring communities together. Episode 185 - Maximilian Rast on How to Raise Capital for Your Company: Build the fundamentals of capital raising that apply across venture, real estate, and business growth strategies. Social Media Follow DealQuest Podcast:LinkedIn: https://www.linkedin.com/in/coreykupfer/Website: https://www.coreykupfer.com/ Follow Gerry Hays: LinkedIn: https://www.linkedin.com/in/gerryhays/ Company: https://doriot.com Twitter: @gerryhays Keywords/Tags venture capital democratization, VentureStaking model, early stage investing, startup funding alternatives, university venture ecosystems, tokenization investing, accredited investor alternatives, cultivation mindset wealth building, venture capital accessibility, startup investment diversification, capital raising strategies, founder backing strategies, angel investing, entrepreneurship education, blockchain tokenization, ownership economy, portfolio diversification, founder selection strategies, dealmaking strategies
My guest on the show today is Kenny Chan, Founder and Portfolio Manager of Korwell Capital. Kenny is only 23, but he's built an investment philosophy rooted in the classics — Peter Lynch, Joel Greenblatt, Warren Buffett — and adapted with a modern, high-conviction approach. His north star: “Buy Phil Fisher–like businesses at Graham-like prices.” Kenny walks us through the four categories that define his framework: misunderstood Buffett-like compounders, deep Graham-style value plays, capital-cycle opportunities, and turnarounds. We discuss how he launched Korwell Capital straight out of college, and how investing his own convictions — not academic theory — drives his process. We dig into two examples that bring this to life. First, Advance Auto Parts, where Kenny saw a rare combination of capital-cycle tailwinds, industry consolidation, and a fixable integration problem — creating a classic turnaround at a very cheap price. Second, Trubar, which received a takeover bid on the day of our interview. Kenny breaks down why he viewed the company as a niche brand with a durable moat, why the sale undervalues its long-term potential, and the critical lesson he's taking away: understand management incentives before you invest. We wrap with Kenny's advice for aspiring managers — especially the importance of writing publicly, testing your theses, and building a network through the quality of your ideas. We talked about a number of companies in today's episode, Kenny is a shareholder of Advance Auto Parts and Trubar, and I am not a shareholder in any of the names mentioned. For more information about Kenny Chan and Korwell Capital, please visit: https://korwellcapital.com/ Planet MicroCap Podcast is on YouTube! All archived episodes and each new episode will be posted on the Planet MicroCap YouTube channel. I've provided the link in the description if you'd like to subscribe. You'll also get the chance to watch all our Video Interviews with management teams, educational panels from the conference, as well as expert commentary from some familiar guests on the podcast. Subscribe here: http://bit.ly/1Q5Yfym Click here to rate and review the Planet MicroCap Podcast The Planet MicroCap Podcast is brought to you by SNN Incorporated, The Official MicroCap News Source, and the Planet MicroCap Review Magazine, the leading magazine in the MicroCap market. You can Follow the Planet MicroCap Podcast on Twitter @BobbyKKraft
Samuel Kerr joins Marley Kayden to provide context to the public debate about a bubble in A.I. stocks. He addresses the underlying concerns expressed by investors using recent weeks to take profits, pointing to the steep selling action in Nvidia (NVDA) as an example. Samuel looks at the perceived battle lines drawn between Alphabet's Google (GOOGL) and Nvidia, citing notable investors like Warren Buffett, Peter Thiel and Michael Burry joining the fray. Later, Samuel paints a "worst case scenario" for A.I. and Crypto companies looking to IPO. ======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about
The 2nd biggest day of the year for cannabis? Thanksgiving Eve… California Sober has led to “Green Wednesday”Wicked 2 had a huge opening… for the same reason Toy Story did 30 years ago: The PG Economy.Warren Buffett wrote his final Thanksgiving Letter… So we ripped open the envelope for you.Nick & Jack give thanks… and we got Zuck, Jensen, & Timmy Cook to too (but it got weird).Buy your TBOY Yeti Doll holiday gift here: https://tboypod.com/shop$GOOG $AAPL $BRK.A $DIS $WBDNEWSLETTER:https://tboypod.com/newsletter OUR 2ND SHOW:Want more business storytelling from us? Check our weekly deepdive show, The Best Idea Yet: The untold origin story of the products you're obsessed with. Listen for free to The Best Idea Yet: https://wondery.com/links/the-best-idea-yet/NEW LISTENERSFill out our 2 minute survey: https://qualtricsxm88y5r986q.qualtrics.com/jfe/form/SV_dp1FDYiJgt6lHy6GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Linkedin (Nick): https://www.linkedin.com/in/nicolas-martell/Linkedin (Jack): https://www.linkedin.com/in/jack-crivici-kramer/Anything else: https://tboypod.com/ About Us: The daily pop-biz news show making today's top stories your business. Formerly known as Robinhood Snacks, The Best One Yet is hosted by Jack Crivici-Kramer & Nick Martell.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
#663: We're living through the first era in which an investor can ask a machine to read a decade of SEC filings in seconds. That sounds powerful, but also a little terrifying. Can we trust it? And how do we use it without falling for hallucinations or built-in optimism? In this episode, we dig into the practical, real-world ways AI can strengthen our investing process while avoiding its biggest pitfalls. If you've ever wondered how to blend old-school fundamentals with new-school tools, this conversation will open up an entirely new mental model. Our guest is Brian Feroldi, an investor who has spent more than twenty years doing classic, deep-dive fundamental research. He reads SEC filings for fun, and he's embraced AI not as a stock picker, but as a force multiplier that can turn days of research into minutes. We talk about the specific guardrails that make AI useful for fundamental investors, including restricting sources to trusted filings, designing step-by-step instructions, and assigning the AI a role so it knows how to “think.” We also explore how to stress-test optimism bias, how to analyze companies like a forensic accountant or a short seller, and how to build prompts that match your own investing personality. Whether you're an index-fund loyalist with a little “fun money” or a hands-on analyst, this conversation will expand the way you evaluate businesses and make decisions. Key Takeaways How a single prompt can transform AI from a loose generalist into a sharp, reliable research assistant. The surprising way optimism bias shows up in AI tools, and how to flip it to your advantage. Why limiting your data sources can make your analysis dramatically stronger. The role-play trick that helps you see a company the way a short seller, value investor, or even Warren Buffett might. A simple reframing that turns AI from a stock picker into something far more powerful for decision-making. The moment in the demo that revealed a blind spot even seasoned investors often miss. Resources and Links Get Brian's free business-analysis prompt at longtermmindset.co/ai Check out Brian's YouTube channel: Long-Term Mindset @BrianFeroldiYT Chapters Note: Timestamps are approximate and may vary greatly across listening platforms due to dynamically inserted ads. (03:02) Pros and cons of using AI for stock research (4:55) Why Brian invests heavily in individual stocks (12:52) Guardrails for reducing AI hallucinations (17:22) How to write step-by-step prompts (24:02) Using roles to shape AI's output (35:57) Running Brian's prompt on Kava (46:22) Understanding pricing power and recession behavior (01:00:02) Evaluating management teams (01:06:02) Using AI to reflect your investing personality Share this episode with a friend, colleagues, and your family around the Thanksgiving table: https://affordanything.com/episode663 Learn more about your ad choices. Visit podcastchoices.com/adchoices
What if the entire point of building a coaching or course business wasn't to work harder, scale faster, or stuff more clients into your calendar… …but to buy back your time and design a life you actually want to live? In this episode of the Expert Edge, Colin sits down with Justin Donald, author of The Lifestyle Investor and the guy people call the "Warren Buffett of passive income," to talk about the uncommon path to financial freedom as a coach or entrepreneur. Justin breaks down how he went from grinding nonstop to creating a portfolio of simple, low-risk investments that allowed him to retire in his thirties and how YOU can start thinking the same way, even if you're not an "investor type." Inside the episode, you'll learn: Why most entrepreneurs accidentally build themselves into a job (and how to reverse it fast). The simple rule Justin uses to evaluate every single investment opportunity, so he doesn't waste time or lose money. How to create leverage inside your business so it becomes an asset… not another obligation. Why freedom is built by design, not by income level (you don't need millions to start). The mindset shift that changes everything once you see your business as one part of a bigger wealth-building system. If you're tired of hustling your way to burnout, or you've realized your "freedom business" isn't giving you much freedom, this episode will completely reshape how you think about your time, money, and long-term strategy. Listen now and learn how to build a business that funds your life, without consuming it. Download the Marriage & Family Planning Day PDF: https://drive.google.com/file/d/1mRhLannKQyBJk5756uTswgg-INMuV5Fj/view?usp=sharing The Lifestyle Investor Book: https://lifestyleinvestor.com/book Justin Donald Website: https://lifestyleinvestor.com The Lifestyle Investor Podcast: https://lifestyleinvestor.com/podcast Interested in Elite? If you're interested in finding out more information about our Elite Coaching Program, make sure to DM me the word "elite" on Instagram, and I'd love to have a chat. https://www.instagram.com/colinboyd Discover how to authentically connect with your audience & fill your programs with a Conversion Story - Version 2.0 (AI Edition) is now available. https://www.conversionstoryformula.com Hit the "Follow" button so you don't miss an episode! Love this podcast? Write a review and give it a 5-star rating! For all the show notes and links: https://www.expertedgepodcast.com/blog/episode296 Connect with Colin on Instagram: https://www.instagram.com/colinboyd/
Faça sua assinatura! www.resumido.cc/assinatura--Big Techs querem ler sua mente, só que a infraestrutura atual mal aguenta segurar a internet online e a IA só consegue regurgitar nostalgia. No mercado, Buffett aposta no Google e Thiel zera Nvidia com medo da bolha.Temos (infra)estrutura pra tanta ambição?No RESUMIDO #340: Colapso da IA foi adiado, Big Techs querem ler sua mente, a estética da nostalgia gerada por IA já cansou, pen drive musical de caminhoneiro, robôs domésticos tropeçam em demonstrações, a internet caiu de novo, Warren Buffett aposta no Google e muito mais!--Ouça e confira todos os links comentados no episódio: https://resumido.cc/podcasts/big-tech-quer-ler-sua-mente-colapso-de-ia-adiado-warren-buffett-aposta-no-google/--Aproveite o Black November da Insider Store com o cupom de desconto RESUMIDO: https://creators.insiderstore.com.br/RESUMIDOBF
Coca-Cola is… sugar water. And somehow it's also America, Christmas, summertime, friendship and happiness. Today we tell the story of how The Coca-Cola Company amazingly transmogrified a beverage into emotion in all of our collective psyches, and ALSO built one of the most incredible scale economy businesses of all-time. And oh yeah, there's also cocaine, WW2, Mad Men, Warren Buffett, James Dean, Bill Cosby, Michael Jackson, Michael Ovitz, Steve Jobs, Bill Gates, McDonald's and Monsanto. So cozy up to the fire with your favorite images of Santa Claus and Polar Bears and enjoy an ice-cold episode of Acquired — always delicious, always refreshing.Sponsors:Many thanks to our fantastic Fall ‘25 Season partners:J.P. Morgan PaymentsWorkOSShopifySentry — Link to ACQ Cassette Players, use code “audiophile”Links:Sign up for email updates and vote on future episodes!The Hilltop ad / Mad Men finalePepsi Challenge commercialsPepsi's Michael Jackson commercialsCoke's Bill Cosby commercialsTwo liter bottles inflatingWorldly Partners' Multi-Decade Coca-Cola StudyFor God, Country, and Coca-ColaSecret FormulaAll episode sourcesCarve Outs:SkiErgSuper Smash Bros. UltimateClaudeNike Vomero PlusHermanos GutiérrezMore Acquired:Get email updates and vote on future episodes!Join the SlackSubscribe to ACQ2Check out the latest swag in the ACQ Merch Store!Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.
"How far would you go to pick up a loved one for the holidays—and what does that reveal about the way we value people in our lives and workplaces?" In this episode of "Kent Hance, The Best Storyteller in Texas," Kent shares candid stories and hard-earned lessons about leadership, honesty, and the quirks of human nature. The conversation opens with Warren Buffett's provocative advice: "Hire slowly, fire quickly," sparking a series of real-life anecdotes about hiring missteps, resume exaggerations, and the importance of trusting your instincts—and your team—when making tough decisions. Listeners are treated to tales from Kent's time in Congress, including the unforgettable story of a Phi Beta Kappa imposter and the political fallout of resume embellishments. Kent's reflections on district forgiveness, public scandals, and the unpredictable electorate offer sharp insights into the world of politics and personal integrity. Throughout the episode, Kent's signature storytelling style brings to life memorable moments, such as the legendary "garage door opener" story—where losing the opener meant losing your job—and his "push, push, push" motto at Texas Tech, illustrating the relentless drive needed to turn good ideas into lasting change. Notable quotes like "A committee is nothing more than a cul-de-sac for a good idea to get in there and die," and "If you're good to employees, they'll be good to you," capture the episode's blend of humor and wisdom. As the episode wraps, Kent reflects on Thanksgiving, family, and the true cost of busy work, leaving listeners with practical advice and plenty of laughs. Don't miss this episode if you want to hear real stories, real lessons, and the kind of Texas-sized wisdom that only Kent Hance can deliver. If you enjoyed Kent's stories and insights, make sure to subscribe to "Kent Hance, The Best Storyteller in Texas" on your favorite podcast platform. Leave a review, share the episode with friends, and follow on Instagram at @beststorytellerpodcast for exclusive videos and behind-the-scenes content. Your support helps keep the stories coming!
Markets feel noisy right now, and investors are asking sharper questions than usual. In this episode of Off The Wall, Nate W. Tonsager, CIPM® and David B. Armstrong, CFA open with the surge in tech valuations and the unusual weight a handful of companies now hold inside the S&P 500. We'll hear about what that concentration means for volatility, why some portfolios feel out of sync with the index, and how listeners can think about risk when the market feels lopsided. Next, they talk about the current labor environment, which is a mix of hiring freezes and productivity changes, and what those signals might suggest for the next stretch of the economic cycle. They reflect on the themes from Warren Buffett's final shareholder letter and the kind of mindset that helps people stay steady through big market swings. Please see important podcast disclosure information at https://monumentwealthmanagement.com/disclosures Episode Timeline/Key Highlights: 0:00 - Welcome And AMA Setup 3:23 - Why Tech Valuations Drive Volatility 6:56 - Index Concentration And Investor Tradeoffs 13:30 - PE Ratios, Magnificent Seven, And Earnings Power 19:45 - Risk Management Over Chasing Returns 26:06 - Grading The Labor Market: 31:05 - Layoff Data, AI Productivity, And Hiring 34:00 - Fire Drills For Portfolio Risk Connect with Monument Wealth Management: Visit our website: https://monumentwealthmanagement.com/ Follow us on Instagram: https://www.instagram.com/monumentwealth/# Connect on LinkedIn: https://www.linkedin.com/company/monument-wealth-management/ Connect on Facebook: https://www.facebook.com/MonumentWealthManagement Connect on YouTube: https://www.youtube.com/user/MonumentWealth#Fit Subscribe to our Private Wealth Newsletter: https://monumentwealthmanagement.com/subscribe/ About "Off the Wall": OFF THE WALL is a podcast for business professionals and high-net-worth investors who want to build wealth with purpose. A little bit Wall Street, a little bit off-the-wall; it's your go-to for straightforward, unfiltered wealth advice on topics that founders, business owners, and executives care about. Learn more about our host Dave Armstrong on our website at https://monumentwealthmanagement.com
Warren Buffett is a brilliant business owner with a long history of buying companies and learning how to provide value. This year, he released his final letter to stockholders, focusing not on his investing success but on the people who have had the greatest impact on him and the gratitude he has for all those who have worked with him and contributed to his success over the years. Listen along as one of the world's most successful investors shares all the things that are more meaningful to him than money. Later in the episode, Evan shares an article about people who are constantly trying to maximize their portfolio and when it's time to stop tweaking. Want to cut through the myths about retirement income and learn evidence-based strategies backed by over a century of data? Download our free Retirement Income Guide now at paulwinkler.com/relax and take the stress out of planning your retirement.
On today's episode, Kyle Grieve discusses significant takeaways from the book Money Masters Of Our Time. IN THIS EPISODE YOU'LL LEARN: 00:00:00 - Intro 00:07:58 - Warren Buffett's emphasis on "controlled greed" and "fascination with your craft" and why it's necessary to survive in the market for a lifetime 00:11:14 - How to identify and take advantage of stocks nobody else wants 00:17:48 - Why more research time should be spent finding the truth of things rather than confirming what you already believe to be true 00:24:46 - A simple framework for identifying and holding businesses that compound capital 00:28:29 - The four kinds of events when a quality business can offer attractive entry points to look for 00:43:51 - Strategies to search for opportunities in newly opened markets 00:52:32 - The importance of perspective when taking advice from people who are playing different games than you 00:56:09 - The importance of being reluctant to take profits 01:02:08 - How to utilize metaphors to aid in your investing decision-making 01:12:30 - The strength of using tracking positions to understand potential outperformers better Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Buy Money Masters of Our Time here. Follow Kyle on X and LinkedIn Related books mentioned in the podcast. Ad-free episodes on our Premium Feed. NEW TO THE SHOW? Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter. Check out our We Study Billionaires Starter Packs. Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Simple Mining Human Rights Foundation Unchained HardBlock Linkedin Talent Solutions reMarkable Netsuite Shopify Onramp Vanta Public.com Abundant Mines Horizon Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
In this episode, I break down the core habits that set successful CEOs apart and how those habits directly influence organizational growth. We explore the risks of overcommitting and getting too deep into day-to-day operations, a common trap that can cloud strategic focus. I make the case for a more disciplined approach to choosing opportunities and explain why shifting from monthly to weekly performance metrics can dramatically improve agility. We also dive into the value of developing strong leaders at every level and the role of clear, consistent communication in preventing costly misunderstandings. Ultimately, this episode is designed to help leaders sharpen their habits, elevate their impact, and accelerate growth. Episode Highlights & Time Stamps 1:07 Good CEO Habits 2:56 Delegation and Ownership 5:17 The Power of Selectivity 7:27 Agility in Metrics 9:18 Building Leadership Depth 10:44 Communication Clarity 12:06 Reflecting on Improvement The Hidden Traps CEOs Fall Into: Good CEO Habits Start Here In this episode of Grow Think Tank, we're having an honest conversation about the everyday habits that can make or break a CEO's effectiveness. I'm Gene Hammett, and I'll walk you through some of the subtle traps leaders fall into, starting with the urge to say yes to everything. As CEOs, we're wired to see possibilities everywhere. I've been there myself, feeling like every new idea or opportunity could be "the one" that drives big growth. But a packed calendar isn't a sign of progress. In fact, it often pulls us away from the handful of initiatives that truly move the business forward. We also dig into one of the biggest bad habits: trying to stay involved in every operational detail. Research shows that CEOs spend an incredible amount of time in meetings, up to 72%, according to Harvard. That's a lot of hours that could be spent on creativity, strategy, and vision. I talk about how letting go, delegating more intentionally, and staying out of the weeds is actually one of the Good CEO Habits that fuels growth. Choosing the Right Opportunities: Not All "Yeses" Are Created Equal Next, we talk about the cultural pressure inside organizations to chase every possibility. Saying yes feels productive, but spreading yourself too thin rarely leads to meaningful impact. I share why developing a disciplined approach to opportunity selection is a hallmark of Good CEO Habits. Leaders who grow consistently don't chase more; they chase better. Warren Buffett said it best: the difference between successful people and really successful people is that the latter say no to almost everything. From there, we explore how shifting from monthly performance metrics to weekly check-ins can transform agility. Monthly metrics tell you what went wrong last month. Weekly metrics help you fix what's happening right now. That faster feedback loop helps teams stay aligned, spot issues early, and maintain momentum. Build Leaders, Build Clarity, Build Growth Finally, we look inward, specifically at how CEOs develop the strength of their team and the clarity of their communication. A powerful CEO doesn't try to be an expert in everything. Instead, they build depth in their leadership team, ensuring every department has someone capable, confident, and empowered. Closing those leadership gaps is essential for scaling it's another core Good CEO Habit that separates high-growth organizations from the rest. We also talk about communication, the kind of communication that goes beyond "good enough." Assumptions create confusion, rework, and frustration. Clear, intentional communication creates alignment and trust. I share how being explicit rather than vague can eliminate misunderstandings before they start. Throughout the episode, I encourage you to reflect on your own habits. Which ones are helping you grow, and which ones might be holding you back? When we ask better questions about how we lead, we uncover opportunities to evolve both as individuals and as organizations. That's what we aim for here on Grow Think Tank: helping leaders become more effective, more intentional, and more equipped to scale with confidence. Key Takeaways Fewer commitments lead to better focus. Saying yes to everything creates noise. The most effective CEOs choose opportunities selectively and focus on initiatives that truly drive growth. Staying out of the weeds is a leadership strength. CEOs who try to oversee every detail lose valuable time for strategy, creativity, and vision. Delegation is not just helpful it's essential. Weekly metrics create agility. Shifting from monthly to weekly performance reviews helps teams catch issues earlier, adapt faster, and maintain momentum. Depth in leadership beats well-roundedness. CEOs don't need to be experts in every area they need strong leaders around them. Building leadership capacity at every level accelerates scale. Clarity in communication prevents costly mistakes. "Good enough" communication isn't good enough. Explicit, intentional clarity avoids misunderstandings and keeps teams aligned. Good CEO Habits require intentional reflection. Sustainable growth comes from regularly reassessing your habits, asking better leadership questions, and making small adjustments with big impact. Ideal For: Founders, CEOs, executives, managers, and anyone committed to elevating their leadership capacity. Resources & Next Steps Ready to take your leadership energy to the next level? Explore free training and resources at training.coreelevation.com to help you identify energy leaks, strengthen your leadership presence, and elevate your team's performance.
In this deeply personal tribute episode of Business Coaching Secrets, Karl Bryan and Rode Dog reflect on the legacy and lessons of Adrian Ulsh, Karl's business partner and "big brother" of 17 years, who recently passed away. They discuss the principles, temperament, and business philosophies that defined Adrian's impact on their company, their clients, and the entire coaching industry. Karl shares invaluable insights into the operating system Adrian helped create, actionable strategies for growing and coaching small businesses, and practical approaches to prospecting and retention—all inspired by Adrian's stoic focus and unwavering dedication. Key Topics Covered The Legacy and Principles of Adrian Ulsh Karl Bryan shares heartfelt stories about Adrian Ulsh's influence, describing Adrian as the true "man, myth, legend" and the stabilizing force behind their partnership. Family first: Adrian's definition encompassed team members, clients, and the broader community. Wild loyalty, consistency, and frugality as core values that drove business and personal success. Building and Installing a Business Operating System The "Jumpstart 12" framework: Twelve core areas for incremental business improvement and profit acceleration. How small, strategic changes (2-5% gains in multiple areas) compound to produce powerful growth. The importance of standards over goals and repeating proven stories for impact. Real-World Example: Coaching a Landscaping Business Step-by-step, Karl details how Adrian would apply the Jumpstart 12: controlling costs, defining a market-dominating position, bundling services, creating compelling offers, joint ventures, upselling, and cross-selling. Emphasis on practical, low-friction implementation—no magic pills, expensive hires, or complicated training. The Magic of Incremental and Compounding Growth Why professionals focus on what could go wrong, systematize improvements, and avoid "hopium." Operating by numbers: using math and real metrics, not emotions or wishful thinking, to guide decisions. Client Prospecting and Scripting Mastery Adrian's approach to outreach: short, personalized, authority-driven messages sent consistently. Leveraging connections (Chamber, BNI, local hangouts), offering value, and asking for opinions to initiate real conversations. The importance of sending multiple messages daily, not expecting instant results, and using results—not emotions—as a barometer. Notable Quotes "He didn't have goals. He had standards. Create standards for yourself." — Karl Bryan "You want to build a great company, you want to build a great product—consistency and focus over talent all day long and twice on Sunday." — Karl Bryan "Don't get too up. Don't get too down… Warren Buffett doesn't walk into a boardroom all hopped up on hopium." — Karl Bryan "Send it out 50 times a day. If you want results, don't just do it once." — Karl Bryan (on outreach) Actionable Takeaways Focus on Incremental Improvements: Apply the Jumpstart 12 framework and aim for small (2-5%) gains across multiple business areas to produce exponential results. Systematize Everything: Build clear standards, document your operating process, and repeat proven stories and tactics for better client outcomes. Be Relentlessly Consistent: Don't chase perfection or get lost behind the screen—take steady, focused action daily on outreach and client delivery. Eliminate Distractions: Legendary business success comes from eliminating everything except your one core focus—whether it's live events, lead generation, or client retention. Outreach with Authority and Value: Use short, confident messages that reference known connections or groups. Focus on ideas and feedback to open doors. Let Results Be the Guide: Track progress by cash in the bank, referrals, and new clients—not emotions or subjective feedback. Serve the Fat Middle: Target the mass market of SMB "newbies," not just the 4% of $1M+ businesses, for scalable growth and reduced risk. Resources Mentioned Profit Acceleration Software™ (by Karl Bryan): Core tool to implement the Jumpstart 12 and Deep Dive 40 operating systems, delivering instant value to small business clients. Focus.com: Business coaching platform and software hub. Networking Groups: BNI, local Chambers of Commerce, Yacht Club, Golf Club—where coaches can build authority and prospect for clients. Group Coaching Software: For scaling to more clients with higher efficiency. Six Figure Coach Magazine: Free coaching industry resource: Get it here If you enjoyed the episode, subscribe, share with fellow coaches, and rate the show! Join our thriving community and level up your coaching business at Focused.com. Ready to implement these strategies? Get a demo of Profit Acceleration Software™: https://go.focused.com/profit-acceleration
You know things are bad when nobody is going to Las Vegas, but that is just the tip of the economic iceberg, and the over-taxed American consumers have tickets aboard the Titanic. Warren Buffett is selling equities and stockpiling cash as a hedge against uncertainty, as well as future bargain hunting after the economic collapse decimates Western society. SNAP benefits have been intergenerational in many cases, with entire family trees built upon complete government dependence and free handouts. With yearly totals exceeding $100 billion in the United States for food programs, and more than nine million Americans on Section 8 government assistance, the Ponzi scheme seems to be coming to a conclusion, and they never end well. — Watch the video version on one of the Macroaggressions Channels: Rumble: https://rumble.com/c/Macroaggressions YouTube: https://www.youtube.com/@MacroaggressionsPodcast — MACRO & Charlie Robinson Links Hypocrazy Audiobook: https://amzn.to/4aogwms The Octopus of Global Control Audiobook: https://amzn.to/3xu0rMm Website: www.Macroaggressions.io Merch Store: https://macroaggressions.dashery.com/ Link Tree: https://linktr.ee/macroaggressionspodcast Activist Post Family Activist Post: www.ActivistPost.com Natural Blaze: www.NaturalBlaze.com Support Our Sponsors C60 Power: https://go.shopc60.com/PBGRT/KMKS9/ | Promo Code: MACRO Chemical Free Body: https://chemicalfreebody.com/macro/ | Promo Code: MACRO Wise Wolf Gold & Silver: https://macroaggressions.gold/ | (800) 426-1836 LegalShield: www.DontGetPushedAround.com EMP Shield: www.EMPShield.com | Promo Code: MACRO Christian Yordanov's Health Program: www.LiveLongerFormula.com/macro Above Phone: https://abovephone.com/macro/ Van Man: https://vanman.shop/?ref=MACRO | Promo Code: MACRO The Dollar Vigilante: https://dollarvigilante.spiffy.co/a/O3wCWenlXN/4471 Nesa's Hemp: www.NesasHemp.com | Promo Code: MACRO Augason Farms: https://augasonfarms.com/MACRO —
Episode 716: Neal and Toby chat about bitcoin's price dropping to its lowest level in six months, stirring fears across Wall Street. Then, a struggling labor market means job seekers are forced to take up jobs that are uncommon and unpopular. Meanwhile, Jeff Bezos is jumping back into the startup world with a new AI company that has an eye popping $6.2B in funding to start. Plus, Toby looks into the growing dining trend for Gen Z of communal dining tables. Finally, Warren Buffett puts stock into Google…for the first time ever. Learn more at usbank.com/splitcard Get your MBD live show tickets here! https://www.tinyurl.com/MBD-HOLIDAY Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Listen to Morning Brew Daily Here: https://www.swap.fm/l/mbd-note Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices
President Trump takes on Rep. Marjorie Taylor Greene (R-Ga.) and Rep. Thomas Massie (R-Ky.) over the weekend. Big vote on the Epstein files release this week in the House of Representatives. Hemp ban slipped into the bill to reopen the federal government. Beauty pageant "dumbhead" controversy. New Michael Jackson biopic on its way! More American women are ready to move out of the U.S. Young girls are less and less interested in getting married. Michelle Obama is an angry, bitter woman. Kamala Harris is still reliving her 2024 election defeat. Black actor Roy Wood Jr. is a bitter, bitter man. Stephen A. Smith calls out Democrats who won't appear on his show. Gavin Newsom (D-Calif.) doesn't want you to think he's running for president. Warren Buffett's plan to balance the U.S. budget. DNC staffers are now expected to return to work. Pee menu for astronauts! 00:00 Pat Gray UNLEASHED! 00:14 Football Update 05:27 President Trump Drops Support for MTG 08:12 MTG Apologizes for Political Division 14:16 Adam Schiff on Good Politics? 15:36 Trump's Response to MTG 16:55 Trump Attacks Thomas Massie's New Marriage 19:09 Massie on Epstein Files 22:56 Massie on Trump Being a Bully 25:05 FLASHBACK: Trump on Epstein Back in 2015 30:52 Fat Five 50:08 American Women Want to Leave the U.S. for Good? 52:38 Michelle Obama Continues to Hate America 53:11 Michelle Obama's Hair Rant 57:25 Michelle Obama 2028? 1:06:00 Kamala Harris on Playing 3D Chess against Trump 1:12:19 Roy Wood on Ancestors 1:14:48 Stephen A. Smith Calls Out Democrats 1:17:19 Gavin Newsom is NOT Running for President? 1:19:15 TDS is a REAL Thing in America! 1:23:13 Gavin Newsom is the Future of the Party? 1:26:18 FLASHBACK: Warren Buffett on Passing a Budget from 2019 1:33:05 Space News Learn more about your ad choices. Visit megaphone.fm/adchoices
Group Chat News is back with the hottest stories of the week including Bill Ackman's viral "may I meet you" tweet, Warren Buffett posted his last letter to Berkshire Hathaway shareholders, a crypto update, Michael Burry is closing his hedge fund, emails from the Epstein files are released, Ford can't hire enough mecanics at $120K, Nike earnings, Steph Curry and Underarmor part ways.