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Hey there, Easy Agers! Midlife is a time of rediscovery. It's about finding your new purpose after the kids leave home or figuring out what you want after you've retired. Getting clear on who you are after 40 is crucial when you're going after goals and fulfilling dreams. That's why I'm excited about today's episode. It's the first in a series about getting you ready for a new start, whether it's the beginning of a new year or at any time of the year. I explain the basics of a great book titled Your One Word: The Powerful Secret to Creating a Business and Life That Matter by Evan Carmichael. Discovering your own word for midlife can be a gamechanger for you. Happy listening! Cheers, Z
The Uplifting Content Podcast With Ione Butler (Let’s Talk About…)
Evan believes in entrepreneurs. At 19, he built then sold a biotech software company. At 22, he was a venture capitalist helping raise $500k to $15mil. He now runs the biggest YouTube channel for entrepreneurs with 1.8M+ subscribers, wrote 4 books & speaks globally. He wants to solve the world's biggest problem, unleashing your untapped potential. Topics: - His story and how he became an entrepreneur from an early age - Why 10 year goals fail -Ways to start believing in yourself - Taking action on your ideas - His "Damn the Doritos" concept and more Enter to WIN his book, Your One Word: The Powerful Secret to Creating a Business and LIfe That Matter here. Sign up for my weekly(ish) email for all our giveaways and updates here. Ione Butler Website Facebook LinkedIn Instagram Twitter YouTube UpliftingContent Evan Carmichael Website Facebook Facebook Fan Page YouTube Channel Twitter Instagram LinkedIn
Tariq Dennison is a Hong Kong-based manager of US and offshore retirement plans at his own firm, GFM Asset Management. Prior to GFM, he worked in the wealth management divisions of Société Générale in Hong Kong, CIBC in Toronto and London, Bear Stearns and JP Morgan in New York, after a few years in Silicon Valley. Tariq holds a master of financial engineering degree from the University of California at Berkeley and a bachelor of science degree in mathematics and the history of philosophy from Marquette University, and is a visiting professor of fixed income and alternative investments at ESSEC Business School Asia-Pacific in Singapore. Tariq is an IFPHK Certified Financial Planner and the author of Invest Outside the Box. He is a frequent speaker on RTHK Radio 3’s Money Talk program, HKIBN Cable News’ All About Money program. He has also presented on ETFs, investor education and retirement plans at multiple public conferences. “The number one difference between whether or not someone has a million-dollar retirement account is whether they put money in the account early on, not whether they invested in stocks, or bonds, or international, or value, or growth. It was whether they simply had the discipline to save regularly and not do stupid things. And the second thing is just making sure that we have the proper tax structuring and we take care of accounts in the right way. There are enormous differences between having something in a taxable account and a tax-free account, being able to touch it and not being able to touch it.” Tariq Dennison Worst investment ever Tariq offers listeners a tale in three parts, spanning the 20-odd years of his entire investment career. But like many investors Andrew speaks with in his podcast, Tariq says the challenging experiences made him the investor he is today. Part 1: Pre-bubble Silicon Valley beckons He started working, investing and made his first real money in Silicon Valley in the late 1990s. He was invested heavily in tech stocks of companies he truly thought he knew well as he either worked for them himself, or had friends working with them. He was buying the companies’ stock as he and his friends watched them prepare to go public, they were progressing, he thought he understood their business models and saw the path to success before them. And, like many others in the aftermath of the burst tech bubble, he lost money in those stocks. He points out here though that these would fail to make them his worst investments ever. It was early, the amounts were small and in total he lost less than US$10,000. Part II: Not about what he lost but the gains he walked away from His Silicon Valley forays happened before he learned proper financial analysis. “That was stage one.” At this point he was still in his early 20s. In the next stage of his journey, he went to the other end of the spectrum, becoming overly focused on target companies’ financials, and wanted them to have a lot of cash, big dividends and big earnings. He especially loaded up on two very familiar blue chip names: Apple Computer (Apple Inc., AAPL:US, APPL.OQ) and Philip Morris, a pair of the best performing stocks in the past 20 years. And thus, part two of Tariq’s story is that he sold them much too early compared to the potential they would realize even years later. He bought big parcels of each at $20 a share between 2000 and 2002, then sadly sold all his positions in them when they hit $50 a share. He had made in each stock 150% returns and was happy. But also sadly, he denied himself huge gains by selling those stocks early than he had ever lost in the tech group (Apple stock has made a simple percentage gain of 650% [or an averaged 32% per year, without compounding] since 2000). Part III: Decision to go pro leads budding investor to Berkeley At this point, Tariq attended Berkeley to study financial engineering to really understand investing in a world-class way. He wanted to learn how to analyze investments and put portfolios together. This too however came with another problem. By combining the lessons learned from parts one and two of his story, he was making his method very complicated. He came out of his master’s course with an intensely rigorous investing system with checklists, risk limits, and very careful portfolio construction involving the reading of beta analysis and multiple calculations. Learned master invests a lot of time in highly complex system, but it works In all fairness to himself, he says of the methods he has used that this one has worked the best as it is extremely systematic and disciplined. But its complicated nature makes it cumbersome and he says that perhaps part three of his worst investment might be the amount of time he has invested in it. To his relief, within the past few years, companies such as BlackRock have taken a lot of his disciplined checklists that he created to measure financial quality, valuation, and gauge for low risk, and have incorporated them directly in an ETF that he himself buys for 20 basis points. This has freed Tariq from the tasks to do the same and lets him return to finding the next Apple or Philip Morris. Some lessons From Part I Know the financial reasons for why you’re investing. Tariq invested in these companies because he thought he knew the companies, their business models and some people involved. If you’re going to put $100 into an investment, ask yourself whether that investment is going to make $10 a year for the next 10 years? Or is it maybe going to lose you money upfront but you see that it is going to make you $20 a year, eventually giving you a return in financial terms. Don’t be too quick to sell. So Tariq’s first mistake was perhaps buying too high. His mistake was selling too low. Even if he had held on to a fraction of his Apple or Philip Morris shares, his investment would have been far better than selling all of the shares when he did. There was no reason for him to have sold all his shares. They were paying good dividends he would have simply made money that way. Keep it simple and focus on your “edge”. Here Tariq refers to Peter Lynch’s One Up On Wall Street, he likes to look for cases of investment in ordinary products or services that he sees every day, things he can understand and see how they make money. He said that is what he refers to as a better “edge” on the target company’s valuation than do his counterparts. Respect the value of your own time. If you like spending your time actually reading financial statements and valuing companies, that is different than somebody who is busy and is happy either letting a professional or a robo-advisor take care of an automatic investment program. “For many of your (Andrew’s) listeners, one of your greatest assets that you’re likely to undervalue is the value of your own time.” Tariq Dennison Andrew’s takeaways Whenever you are looking to invest, you must look at the whole picture. Many people think they really understand a company, they like it or really know it, but all of that knowledge can, in real terms, be meaningless because investors must understand the market, the share price, and so many other factors. There is a lot that goes into the determination of the difference between a great company and a great stock. Investors can always move in and out of an investment position – slowly. Andrew here highlights the fact that investors do not need nor should they be “all or nothing” people. “You don’t have to jump in”. “A lot of the mistakes people make that I’ve interviewed is that they find an idea, they get excited about it, they may do some research, sometimes they don’t, but then they just put all of their money in it. Or they say, ‘Okay, I want this to be 20% of my portfolio’, and then instantly, it’s 20% of their portfolio. Why not do 3% and watch it for a couple of weeks? Give yourself some time, (especially when) you’ve already got some exposure to it … get your devil’s advocate hat on and do a little bit more thinking about it.” Andrew Stotz What’s your edge? Andrew asked listeners: “How can you delegate what your edge is not to a reliable provider so that you can focus on your edge?” Actionable advice Know the value of your time and know what edge you really have versus anyone else who is trying to compete with you. No. 1 goal for next the 12 months Tariq’s is a professional goal, and that is to continue to grow his business and spread the good word about the correct methods of investing, growing and protecting wealth. And to really explain his goal, Tariq extends on Andrew’s health book metaphor from the interview: “My plan right now is to actually serve more healthy meals, and make sure that I get those healthy meals onto the trays, into the lunch boxes, of those that need the financial nutrition that I’m providing, whether it’s a question of US tax efficiency, international diversification, or simple income generation, that’s a big business, a big job.” Tariq Dennison Parting words As Andrew mentioned “relentless” as his “one word” (Your One Word: The Powerful Secret to Creating a Business and Life That Matter), Tariq posited that his would be “curious”, as it is one trait that sums him, one trait about him for which he recalls being complimented, and one thing he credits for his youthful outlook. “So I still consider myself quite young and I often say what keeps me young is having that curiosity and that interest in learning and the humility to know what I don’t know. So the one parting word to listeners is, you know, be open and curious, be honest with yourself and respect every day that you get the chance to learn something.” Tariq Dennison You can also check out Andrew’s books How to Start Building Your Wealth Investing in the Stock Market My Worst Investment Ever 9 Valuation Mistakes and How to Avoid Them Transform Your Business with Dr.Deming’s 14 Points Connect with Tariq Dennison LinkedIn Twitter Website Email Connect with Andrew Stotz astotz.com LinkedIn Facebook Instagram Twitter YouTube My Worst Investment Ever Podcast Further reading mentioned Tariq Dennison (2018) Invest Outside the Box: Understanding Different Asset Classes and Strategies Evan Carmichael (2016) Your One Word: The Powerful Secret to Creating a Business and Life That Matter Peter Lynch, with John Rothchild (2000) One Up On Wall Street: How To Use What You Already Know To Make Money In The Market
Copy That Pops: Writing Tips and Psychology Hacks for Business
If you were asked to pick one word to describe your business, life, aspirational goals? Just one word! Let's connect ;) A few exciting highlights include: 4 Most Important “A’s” of business Take some time to disconnect One word- what’s yours? The 4 A's of Business: - Authority - Attention - Attractiveness - Affluence Take Action Now! Copywriting for Podcasters? Yep! Grab my Amazon Best Selling Book now! Your One Word: The Powerful Secret to Creating a Business and Life That Matter Read More: Shownotes for 107: Your ONE Word Quick Copy Tip [CONNECTION Edition]
FREE 11 Questions to Change Your Life ✖︎ http://refusingtosettle.com Get The ONE Word Book here: http://amzn.to/2nzo9lz Some have used the ideas in this book to build multi-billion dollar businesses. I’m going to give you the surprisingly simple-yet-powerful formula that they used (and you can also use) to realize your dreams. Hey guys, we're back with this week's book review: "Your One Word: The Powerful Secret to Creating a Business and Life That Matter" The book was written by fellow YouTuber Evan Carmichael. He coaches entrepreneurs for peak performance. At 19, he built then sold a biotech software company. At 22, he was a VC helping raise $500k to $15mil. Evan was named one of the Top 100 Great Leadership Speakers for your Next Conference by Inc Magazine and one of the Top 40 Social Marketing Talents by Forbes. He has been interviewed or featured as an entrepreneur expert in The New York Times, The Wall St. Journal, Forbes, Mashable, and elsewhere. He now runs EvanCarmichael.com, a popular website for entrepreneurs. He speaks globally and is based in Toronto. And his One Word is Believe. ✖︎ CONNECT WITH EVAN on YouTube: https://www.youtube.com/user/ModelingTheMasters Thanks for the support with Refusing to Settle. SO stoked to share with you what I've been working on in the next couple weeks :) Here's the playlist I spoke about in this video: https://www.youtube.com/playlist?list=PL2LyGQJuIOzCX-UjJdWvR0TzYOOjajf_r Stop settling start living ✖︎ Clark Master Journaling ✖︎ http://www.mybestjournal.com NEW RTS FB Mastermind Group ✖︎ https://goo.gl/wsNnwu Get The ONE Word Book here: http://amzn.to/2nzo9lz ✖︎ YOU MAY ALSO LIKE Journaling Series ► https://goo.gl/e6j6H6 The BEST OF Series ► https://goo.gl/5Spvy6 How to Get Rich Series ► https://goo.gl/Q7wbc5 ✖︎ SOCIAL Join the NEW RTS FB Mastermind Group ► https://goo.gl/wsNnwu Blog ► http://www.refusingtosettle.com Podcast ► https://goo.gl/2RIqcY Twitter ► @clarkdangerous Facebook ► /clarkdangerous Instagram ► @clarkdangerous Snapchat ► @clarkdangerous ✖︎ SONGS "Sugar Dream" - Epidemic https://goo.gl/OoPgFA "Growing Concentration 2" - Epidemic https://goo.gl/OoPgFA "Slow Hands" - Epidemic https://goo.gl/OoPgFA "Tied Up" - Epidemic https://goo.gl/OoPgFA "Top Down" - Epidemic https://goo.gl/OoPgFA ✖︎ MY PRODUCTS & COURSES The Ultimate Guide to Keeping A Journal ► http://www.mybestjournal.com YouTube Success Formula (Kindle) ► http://amzn.to/2j86PRU Gear & Resources I Recommend ► https://goo.gl/FGmQUU Hair Product Company I own/use "Kegley & Co" ► https://kegleyco.com/ ✖︎ WANT TO BE COACHED BY ME? Ready to take your business or YouTube channel to the next level? To apply for business coaching send me an email: clark@clarkkegley.com (serious applicants only)
In today's episode of The Art of Passive Income—Round Table edition, Mark is joined by: Erik Peterson Tate Litchfield Nat Bruno Scott Todd Today we tackle... Creating Systems Setting up a system for the first time Automate, Delegate, Eliminate Using Zapier, Lob, LGPass Finding time to create a system Criteria for deciding when a VA is not working out Plus, we discuss Shiny object syndrome—staying focused and avoiding it! Why fix it if it's not broken—land is good, the market is strong and the phone is ringing -Tate Staying motivated during the dog days of summer. TIPS OF THE WEEK Mark: Cyclops.io—One click video conferencing and it's FREE! Erik: Read the book Your One Word: The Powerful Secret to Creating a Business and Life That Matter by Evan Carmichael. Tate: Mindly App —Free app for creating processes. Nat: PhraseExpress.com—Auto text expander for every platform. Scott: Read the book Living Forward: A Proven Plan to Stop Drifting and Get the Life You Want by Michael Hyatt. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?
At 19, Evan Carmichael built then sold a biotech software company. At 22, he was a venture capitalist helping raise between $500k to $15million for businesses. He now runs EvanCarmichael.com, a popular website for entrepreneurs. He breathes and bleeds entrepreneurship. His aim is to help 1 billion entrepreneurs and change the world. He is also a speaker on the world stage. What is his One Word? #Believe. When others didn’t believe he could be a speaker, Evan took massive action to ensure that he would be the best speaker his agency could offer and he achieved this goal. He shares this story and what he learned from this particular experience and how it applies to entrepreneurship and mentorship. He then explains how he came to the conclusion that everyone has One Word, what this means, how to find your One Word and how business owners can use their One Word to bring in more money! You can also get in touch with Evan and find out more about what he does through his website and the following social media platforms: Website: http://evancarmichael.com/ Twitter: Evan Carmichael Facebook: EvanCarmichaelcom Instagram: Evan Carmichael LinkedIn: Evan Carmichael YouTube: https://www.youtube.com/user/ModelingTheMasters You can also find more on how to find your One Word in Evan’s book here: Your One Word: The Powerful Secret to Creating a Business and Life That Matter Conference Highlight Sage Summit Canada https://www.sage.com/sage-summit/ Toronto, Canada: 27the & 28th June, 2017 SPRH Podcast is sponsored by: Knight Dik Insurance http://www.knightdik.com/ Cumulus Global www.CumulusGlobal.com
My guest today is Evan Carmichael. He #Believes in entrepreneurs. At 19, he built then sold a biotech software company. At 22, he was a venture capitalist raising $500k to $15M. He now runs a YouTube channel for entrepreneurs with over 2 million subscribers, wrote 4 books, and speaks globally. He wants to solve the world's biggest problem. The topic is his book Your One Word: The Powerful Secret to Creating a Business and Life That Matter. In this episode of Trend Following Radio we discuss: Entrepreneurship Your one word Jump in! --- I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!
Michael interviews Evan Carmichael, author of Your One Word: The Powerful Secret to Creating a Business and Life That Matter: "In this bold and empowering guide, entrepreneur and social media sensation Evan Carmichael shares the secret to turbo-charging your path to success on your own terms. With thought-provoking questions and inspiring, instructive examples, Your One Word will help you nail down your personal mottos – the word that captures your purpose and passion. With this operating philosophy in hand, you will then learn how to leverage this powerful tool to create the business and future of your dreams." The real story? Two guys talking about the psychology behind successful entrepreneurship. In this episode of Trend Following Radio: Entrepreneurship Your one word