35 Burst results for "Cashflows"
"cashflows" Discussed on Denver Real Estate Investing Podcast
"Flow. And i'll see you in a year and that's that's a wonderful outcome as well in this case it benefited him to refinance. But sometimes it doesn't so i mean dropping the interest rate i mean gosh that is what three hundred almost half no in half. I mean yeah. I mean that's huge. If you guys ever get bored go to google type amortization calculator that is a big principle reduction right there in a big saving interest rate. They're absolutely so reducing from seven percents to three point three seven seven three point three seven five percent. It's free point. Three three three but a thirty year fixed thirty year fixed. And i'm thirty nine right now. I know you're say majors me joe. My birthday's next week. Expect a really nice present from you. Okay well thanks heads up I mean i can only imagine. Like i'm very interested in i and i've got i'm thirty nine years old. I've got two young kids kids. I became very adverse to long term interest. I don't know why but i did. I can only imagine retiree at imagine that would increase dramatically. So numbers aside. What was his emotional reaction to. This is thrilled. He was brought us a wonderful zillow review. Wonderful google review a really nice car to everybody on my team. Hey jamie hey nicole. Thank you guys so much You know because it's it is numbers and for us. Sometimes it can be easy to get lost. That has just numbers on a screen right. There's an actual person behind it. He was thrilled so appreciative. You know has my number saved in his phone. I've got his number say to my phone and now he knows to call us once a year. And we'll look at it now. Reality probably for the rest of the time that he's owns these properties. I'm gonna tell them don't do anything. That's hard to beat right. But that's okay that's still part of what we're gonna do is i'm gonna talk to him and say hey you know what. Let's double check your stuff. Keep making the payments right. Let me know if you have any troubles And so it's just one of those good success stories That you know as you thousands of these but this is just the most recent one that's really beneficial for for him Great to have him as a new client and like you said his emotional reaction forty eight thousand dollars a year in retirement. The big number makes makes his life better. And that's something you know. We've been trying to do john. You're trying to figure out a way to it's hard to quantify say it's easy to put in a spreadsheet macra. Here's the numbers. But what's that due to. The emotional state of the emotional level like there are certain things that as a spreadsheet this what does to me we have in the morning i lay awake. I'm like oh what about this You know that's hard to quantify absolutely so all right so joe. This is great before we move on anything about this because this sounds like a win and one i really i. You know why. I like you. Are you allowed just because you are very knowledgeable also street. Feel like hey. I'm great. you know doing this. I know this can help you with this but sometimes you know what. Stand your path like. That is phenomenal. Which i enjoy a lot so anything else. You wanna talk about this. Climb the scenario..
What is Your Business Worth? How to Determine Your Business' Valuation
"One of the questions that we get most often is. What is my business worth. And if you like me. Most entrepreneurs are so interested in growing their business that you know what it's worth doesn't really come up that often and you know i always focus on growing sales i figure if i grow sales run it efficiently the businesses are going to get better and it's going to be worth more and in general that's right but it doesn't answer the question of what it's worth and most entrepreneurs say okay. Where do i begin. And so when i think of where do i begin. I always think of earnings Lot of people talk about eba which is taxes and that can be adjusted into sellers discretionary. Cashflow we figure out how much your businesses is worth based upon how much it hurts. And so it depends. There's a lot of factors you know. What industry in. How long has it been around. Do you have a customer concentration issue with that means is do you get eighty percent of your sales from walmart or do you get no more than twenty percent from anyone customer and there's a lot of intangibles that go into it but if you have a smaller business let's call it a million in earnings in general it's worth roughly three to five times earnings. Now that is super rough and it gives you just kind of a thumbnail that you can use and of course we can answer it in more detail when we look at it but what that means is if let's say you have customer concentration issue. Let's say you have whatever it may be some you know some competitors that are taking business away from me aggressively. You're probably going to be on the bottom end of that. Now if you have some intellectual property that's defensible Or if you have if you've been around for an awful long time or if you have some sustainable competitive advantage in the way. I like to think of. It is how big is the moat around the business. Or how big is protecting you. Then you're going to be on the upper side of that so there's always range and the intangibles really take up and down that
"cashflows" Discussed on The Hustle & Flowchart Podcast
"Deal. I've got equity now in three deals. I've got all my money back. It's taken me one year on each of them and that's the story of many of my investments taking that same one hundred thousand dollars in examples exactly like i told you in real companies in the same scenario. I'm giving you an all the while. Each one of these investments is still actually spitting you back cash flow even though you have your principle back in your own pocket. That's right that's brilliant. Yeah and let that money work for you right. And all you're doing is just negoti in the deals and putting them in the right spot. And obviously i'm just kind of going down the list but i mean that's a media cash flow really on your investments. That seems like that's your. That's a six point there. Yeah so Yeah so number. Five is command. Five is to create cash flow immediately. That's right and that to me is like the bread and butter of what i do. It's tower was able to build my lifestyle so until someone has the lifestyle that they want. I really encourage them. To buy assets that are recession proof that are highly collateralized that produce cash flow and that cashflow you can then live your life on and then once you get to a point that you have overage then maybe you can do a riskier bat for a straight equity Type of play or you can invest in other things. Maybe that's when he started investing and operating companies as opposed to earlier on I just want to get the cash flow their first because that safe. So i look to cash flow and exclusively cashflow until i'm comfortable with the expenses. I have with my money covering it. And then and only then. Do i look at something that i would consider a little more risky. Even though it doesn't have to be risky if it's not gonna produce cash-flow. I want to to invest in it from an asset that produces cash right. Yeah so you're always taking those profits and taking them back into its this machine that's close loop system it seems like but always itself. Yeah that's right well. I don't think we have enough time to get through all of the ten commandments We've got to wrap up here in a minute. But i do want to touch on one more which is Cutting out the fat and minimizing exposure to banks. And how how does somebody minimize the exposure of banks with some of these strategies. Well and this would be. I talked about it a little bit earlier with the seller finance deal. But you can get real creative. I mean you can raise money with people that you know that you wanna do a deal with so that's one way to get capital Going to bank Where other people can get a chance to participate in a deal. Not something that we do a lot. You can You know really. Just structured as a seller note. So that way. You don't need anyone else's money so to us banks when they are in my best interest and i don't like to use them if i can avoid them. You know. so it's it's a love hate relationship. I mean when it works for me. i'm in and anytime. I can call them out. I do it makes sense. But yeah there's there's strategic ways to use it more leverage now. I want to make sure you're you're good on time here. But so the lifestyle investors your book and you also have a podcast as well that i want to check some light on. Where can folks find both of those yet. So the book the lifestyle investor. You can never one. You could go on amazon and check it out there. However if you go to lifestyle.
Mark Morris: Buying a Home as Investment Can Become a Heavy Burden
"When you hear the name mark morris. I want you to high cashflow. Portfolios mark is an expert at building developer relationships and helping house builders achieve discrete volume sales at speed alongside in. It freelance career. He has been a property investor for the past twenty years building a portfolio of biden alette apartments and houses across greater manchester. He is also built a solid income generating portfolio in the mid west of the us. Including ohio. where. I grew up outside of cleveland. So mark take a minute in philly for tidbits about your life. Sanju sheddings absorption. So yes she switched on. I was was in icu. Freelance i was employed full sudafed mid twenties and then when we came to the what would what you may remember the Units thousand mobile. Everybody believed that when the clocks when the diet changed nine thousand nine hundred ninety two thousand. Who's going to be magadan. None of the computers worse on in those sort of times. You know companies. I work for finance initials. Just paying ridiculous amounts only for contracts is just to get bums on tested and as we all know now it was a complete dump squib in the wall a really lights the freelance world. All the who wants to two thousand dollars over loss of come shots. As if finished the assignments finish they could find new signings and allow people became employed or went back to just the danger. I was really really adamant levels. Gonna do the fumes out an illness you know it. Nearly money was tight. And i was struggling on a realized needed some way of raising faceting to government with these to kuwait for these breaks in between science. And that's really started looking at property. I was really keen on. I started building very small. Folio parents were involved in property. And i really realized that was chain to enable mix to continue a freelance career. And that's really where stars interesting and you said your parents what experience today they were places or yeah they were they were actually renting holiday homes and a cold the lake district which is about an hour an hour and a half wave on. When i was very young i used to go. There needs to clean and they used to take book in. So i could see how the property the property business. Words open cell becoming a freelancer. Never at any sort of money at the anger means so i needed started actually finding the walls. A cash should the under the move on a bit of fox together. That's all yeah let's start invested in bronson. It's an interesting story because sometimes what we learned in our youth comes back later to help us so well. Now it's time share your worst investment ever since no one ever goes into their worst investment thinking we'll be tell us a bit about the circumstance leading up to tell us your story. She'll so probably around the year. Two thousand five prophecy prices about point very boyens. No you went down to the pulp. Everybody was talking about. Everybody was getting surprise. You not taxi. Drivers rids tropic is getting closer with you know with all the height how to threaten to was an estate agent and he said look you know i two or three approaches but i got gotta cashcall together wanted to try and create more cash to give me this sort of space for when i was out the contracts so he suggested. Why don't we go. This loss of new build new built developments in a place called wales. Which is you know in the uk on marinas. And let's go and have a look. And i was quite impressed by him because he owns his own business. Not saying yeah yeah. Let's show enough with when which sold round the few places. In wales armed with came on warm marina development was being sold off clump so all the walls literally we went to the agents. All the world's a big model booth this arena development was going to sell useful the ashtray by the marina. The guy that wo- he was selling like a dream was these properties are selling. Those should off planet two hundred k. You know within his twelve pro build within eighty. They'll give you two fifty six day boy. Was i just call in the height within ten minutes of full a deposit down you know never really saw that was it. You know how solta. I was gonna make quick this quick book. Wow brilliant advocacy was gonna to go so well how was i. Think he's probably hounds with all developments with side gets in delays so twelve months into eighteen months eighteen months tune into years. All this time it was thinking. She's great of a to k reservation. Fee doubt on this property is increasing crease in talk about gray leverage on a suitcase investment and then after about two years start completing development lit chalet within me completing in two thousand seven with about two months. The crash happened know would so can big time. Us england every you know suddenly. Wow a suddenly realize on this fifty sixty k though is gonna make was gonna become essentially a fifty sixty k loss because very quickly. Nobody was buying. These apartments wasn't gonna turn. I wasn't going to turn over the thing. So many i mean it was. It was a castle varis. Now only because i felt was though a wasn't to be keeping old at the time used finance put a small deposit down and offensively but not finished. I couldn't i couldn't remortgage because i was in negative atwood said just couldn't evaluation would have been sixty k. Down i would have thought another eight just to get another
Beware The 6 Month Forecast In Uncertain Times
"The idea of a business forecast and particularly cash flow forecast is something. I've spoken to you about a few times on the show. And i do believe that they are super-critical document for you to run your business survive particularly if you're a nice small business but the other thing you need to be aware of. Is that in uncertain. Times likely out right now a cashflow could actually ended up getting into trouble. If you let it lull you into a false sense of security because we've just been in the process now of doing a six month cash flow and it's very easy of course not knowing what's coming up to just take your last month's revenues and you'll last month cash in and out and basically just extrapolate that over the next six months because you don't really know what the next six months hold but the problem with doing that is that if you've been through peak period like we just have over the christmas holiday period and if you extrapolate that then come march or april you might be out of money because you've anticipated much more cash coming in the mortar. Have actually gone so. It's just important that depending on your business and depending on what your timelines off your cashing in your cash out that you make sure that yes you do a cash flow statement but you don let it lulled into a false sense of security any cash flow statement of course must be reviewed every month and opinion your business. Maybe you wanted to a twelve month cash flow. That's reviewed every month. But if you may be sought borrowings for example you might need to do a three zero four year cash flow. Which again is just it's crazy guesswork. At a time like right now we just don't know but of course any investor or any. Linda were want to see that. There's a chance for you to pay that money back. So they might ask for a three year or five year cash flow so cashflows super important. Just beware with all of your forecasting work especially cashflow stuff that you very very wary. You don't get lulled into that false sense of security when you're doing a six month forecast or twelve month for that matter during these times of uncertainty likely going through right now
Where to Invest First by Derick Van Ness
"Where to invest i by derek. Van ness of big life financial dot com. What i'm about to say is controversial. So-called pundits don't want you to know this in eliminates reliance on them they become obsolete su. Here's the unspoken but important truth. Nothing is more vital than investing in yourself. You are the key to everything in your life without you know doors open. No opportunities are unlocked if you are worthless hopeless and helpless than your results will be the same your finances. Your relationships your health without these. What is life were yet. You'll know that you suck that can be crippling and you playing small. You can't let it. You were the only one who can choose nobody else chooses. This verdict or can take action for you. So what do you do. Becoming strong is the answer. Now so you can bulldoze or take advantage of others the complete opposite strength to become so valuable that others don't wanna live without you and what you've created. You know you've accomplished us when it's as if you've become a great lover in their life without you there existence doesn't taste nearly as delicious. You are creating the music they dance to. At that point they will do whatever it takes to keep you around. You have become the soil where they want to lay their seeds and grow their life. This is the goal. It may start slow but it doesn't have to quantum leaps exist but you'll need to suspend your current beliefs to see them. He needs to paint from a blank canvas. Not the one with your current picture of life. It sounds scary. But that's why it's a leap as you get. Better sodas your life. It's a simple equation. And you are the key variable the multiplier that expands everything in your path ambitious. This means becoming indispensable the key asset strive to become the wheel rather than a cog in the wheel. Someone whose value is so powerful that you're not dependent on outside circumstances for your success. This is non-negotiable if you want freedom your primary business or income will dictate the lion share of your financial standing. This is your foundation the rock upon which will build your kingdom. You must master your craft so that you can access resources without proper resources. It's difficult to become your best self. Your financial success will go a long way and paving the smooth road for your relationships in health. Money isn't the answer. But it's far better than poverty if you want true success if your goal is to be a contribution to the world when you invest in yourself. The possible returns are unlimited literally. Where else can you invest five thousand dollars and make six figures. I did it you can too. I spent sixty thousand dollars learning to invest in real estate and it has made me several million dollars. I've spent six figures in seminars trainings in self-improvement and business courses they returned triple digit returns. Even better they continue to earn for me each day. More business income better relationships healthier and happier lifestyle. More intimacy with my creator. So this is your warning. Success isn't somewhere out there. It's an here invest in your human capacity. Your skills and your business you are the craftsmen who will scope the picture of your life. So focus on being the best crossman. Possible once you're performing at a high level and the money is flowing then we can talk about the framework to take you. Even higher optimize cashflow build assets save taxes as you become more successful. You'll need better systems for saving growing and protecting your assets. Until so then dropped the distractions focus on the most important thing developing yourself and your business live the life you were meant to live pursue. Excellence and all you do. The world's will reward you with a rich life and not just financially. You'll experience more love appreciation and gratitude. Best of all. You'll sleep better knowing the world is better because you existed
Interview With Daniela Corrente of Reel
"Hey everyone welcome to how. I built this resilience edition from npr on. These episodes were hearing from entrepreneurs and business leaders about how they've been building resilience into their businesses during this very challenging year. And today we're gonna hear from danielle corrientes ceo and co founder of real. It's a digital platform. The makes saving money easier and helps. People make big purchases like furniture or electron or clothing without taking on credit card debt. Think of this as a society. We've been told that shopping is fine right giving your stress you shop when you find your job saving. It's gary right savings. it's people to have money. We haven't been dawn to see the potential of brown cashflows. People are driven by emotion. Right you are nine. We like to relieve. They were rushing beans but when he comes numbers. I love the musicians that we may come from. Unemotional plays and actually were a real came to live. Where using that behavior knowledge to bring unexperienced of savings as relatable or people. So it's a savings platform. But can you explain how it works. Yeah of course. So let's say you want and you microphone this mike for his amazing this one. Not so much great. You know you want on your microphone. And that he's three hundred dollars rising. Come door website and we go. You would find dollars today. You can have adding beast amount of time a new play with it. Connect your bank account and we automatically start. We'll be money from your bank account doors goal. Ask your saving or sending your load of reinforcement. We go you guy. You are amazing. Your grade you're going to achieve your goals without going into that you can share it with your friends. You can boost that if said bill on the microphone. You once you complete sailing. All you have to do is come from your tubing address and we play the order on your behalf. So there's a full circle from the moment that you want in your microphone to the moment that you're interview in your microphone and you guys partner with some big name. Brands businesses like bloomingdale's and some others And is that how it works. You basically go on your website and you identify products on the website that you need or maybe you don't need but you just want and that's that's what you start to save towards so you can come into website and start saving for whatever you want and that's actually connected with the twenty twenty story that i'm sure we'll get too soon. We also aggregate inventory from thousands of stores so we serve us in aggregate are where we you know scrape their web and present it would civilities of items based on what you have like before and we are starting to direct partnerships with retailers. We bought the point of urges instead of putting something on a wishlist and not taking action. I do actually start saving or things as their shopping. How did you come up with the idea. It was born of personal fascination. wait consumer finance. I was the first one family to move to the states. I moved here for college. And you know the early two thousands if you had a bowl you guard and that was the way they was right. We know any better. I go on my credit card was thousand builder guard i loved. I thought it wants two thousand or reacher. I imagine i mean even sponsored. A child right. I thought i had so much money that i went to uni dot com and sponsor a child for eighteen dollars on. I was just like i. I got two thousand dollar limit. And i had no idea what he was right and then really quickly understood what the high interest that had men i. What did he do. Bay laid became fascinated with financial psychology. Why humans we make decisions that we make because we associate happiness. We'd have started on lifestyle on behalf of lifestyle is gonna win one dollars. Assassination that it had for years. But i didn't do anything that on deal in a couple of years ago and that came out of jews working in advertising in new york act breath that was now go founder was working on and we were chatting one day and he told me. Hey do you actually know. That millennials Credit card and obviously these days sporting years after michael thousand builder. The ask and i'm like wait. Hold on what what happened. What happened in these years. That i haven't been paying attention to consumer finance and i put out a survey monkey and Sent questions as a marketer. I'm curious i would venture now starting accompanied with the intention of understanding the market. And you know what really fascinating answers about people telling me look. I don't know how to say. I want to say but it seems to complicate it. It seems to stressful would be years of selling products to consumers worn on retail. I i started really inking about. How can we connect these feeling like seidman with
Create A Championship Team of Advisors
"Over the years of the accelerating business growth podcast has gained recognition as a great resource for small business owners. Sales professionals business leaders of all kinds. We are in on west of the best podcast. Listen to and that is because of the guests. These are folks who have expertise in particular areas of business and they join for conversation where they share their expertise with all of you. Today is no different today. My guest is a nationally acclaimed speaker bestselling author industry-leading wealth adviser for over thirty years. Outages had lived the life you want now and in the future. I finding cashflow opportunities in every day. Decisions to build wealth and work fewer years in life form president. Ceo and founder of trouserless wealth management. The financial planning firm. He successfully sold to mercer advisors in twenty eighteen as the author of master cashflow the grow retained wealth and also master. Your business cashflow grow company. Love live the life you want now. Thanks so much for joining me today. How the diet. That's based thriller bigger. Thank you thrilled to have you here. Today we're going to be talking about A team of advisers and. I am asked so often by people about this topic that i am really excited to get your your take on all this and i'd like to start with. Who do you think should be on. Someone's on a businesses team of advisors for personal. It's one but for business you're right it's sort of like a was two teams but the there's an outside team. There's a team like you. Depend on. Like your your. Cpa a banker It could be an insurance advisor attention person for for your business. There's a lot of outside advisors now business. I think had this other team. And it's really the two or three people the top management your team to help you run your business so there's really two teams but there's an outside team and there. There's a team that you have basically working for you.
SAP Shares Collapse After Lockdowns Force Cuts to Revenue
"SAP. The Enterprise Software Group based in Germany is having its worst day in more than a decade shares of sap are down more than twenty percent after the company cut revenue and profit guidance for the year. Jim. They're saying that corona virus lockdowns would affect demand well into twenty twenty one. What do you make of this? Because I I'm sort of struggling with. two competing ideas and one is that sap is right. In terms of overall demand and if they're right than that probably. Bodes ill for a number of cloud base stocks out there. The other idea is that this is an sap thing. This is just confined to them. Yeah and I think you're right to have that kind of of two minds response. Unfortunately, I, don't have a definitive answer. Of course if I did have a definitive answer, I probably wouldn't be here with you today I'd be on a beach earning you know whatever? You look. As anyone who's ever been part of an sap implementation I think you probably taking a little shot in Florida. Today I know I am has as I might prior career I got to be part of. One of those experiences and sap implementation tends to take at least twice as long as they originally tell you and cost a lot more, and so I'll just leave it at that. I also used to you know if I heard a company with implementing sap. Generally throw them out of my research cue for at least a year because. I've seen that movie. Yeah earnings were not well received about forty billion plus this morning off the market cap. They did try the old lipstick on the pig routine did talk about strong double digit growth and earnings per share. Growth cashflow they talked about their operating cash being up fifty four percent year over year free cash flow up seventy, nine percent year to date. But the problem is you know. And is reminiscent of IBM a number of years ago or IBM would talk about having these goals and certain twenty fifteen goals and twenty twenty goals years before. SAP has had what they call the twenty twenty three ambitions. and. They reaffirmed these twenty twenty three ambitions last quarter, which would be the quarter where corona virus and cope nineteen really got traction. And without so much a by your leave this morning, they have thrown out the twenty twenty three goals replaced them with twenty, twenty, five goals. The twenty twenty three revenue expectation, and the previous goals are answering ambitions. Was Thirty five billion now, two years out for twenty twenty five that ambition is for thirty, six billion. Okay they've. That looks like a slowdown to me sap. Certainly. They have reduced a bunch of. Components of their guidance perhaps, they shouldn't have been giving guidance during pandemic that might just be a little suggestion. Some somethings I've seen. You know th, the stock wasn't horrifically priced before this I believe was about eighteen times EBBA enterprise value to. About five five and a half six times sales there are certainly richer companies out there. But? When you have this kind of growth slowdown and it comes kind of out of nowhere I, can see why the markets puking puking it out. I've seen some suggestion that former CEO bill McDermott. Who I think has a an exquisite sense timing. He left about a year ago to go to service now. There's some suggestion that he had this big long acquisition string under his belt. Then, he left in these acquisitions. All in their own little personal fiefdoms within sap, they're not well integrated. So he's kind of handed these ambitions and this integration work to the next guy. I think there's a lot of work to be done here but. Really, the the serious reaction here certainly has to be that. Oh. Yeah. Reduce Guidance Change Ambitions like like you've just thrown out a multi year plan and it's kind of replaced with another one and you're hoping no one's GonNa notice. All they noticed. You know whether it has implications beyond sap. If I was a salesforce or an oracle shareholder, this morning I might be a little nervous. Now look that said we we know that the cloud based. Transition which we've seen other companies do very successfully autodesk and adobe being I, think exhibits one in one. Where shift from selling the You get the big revenue and earnings hit upfront because you sell the license for X. number of years, and then you do your services revenue. Going over to. This cloud where you get a subscription fee every month and it's supposed to be. More predictable results we know it works when done well as I mentioned adobe and Autodesk. Seems that it's not working quite as well with sap. and. We'd like to see I think you need. More quarters sap but I'll if I was a cloud I'm not really a cloud guy. So I find it interesting but I'm not remotely equipped to understand most of it. You know I'd be a little worried going forward the rest of this earning season to be
Rob Maurer Of Tesla Daily And David Trainer Of New Constructs
"Everybody, Rob Power here. Today we have the good fortune to be joined by David trainer of New Constructs David. Put out a note last week with his team on Tesla that was relatively bearish. So I thought it would be a good opportunity to have somebody on the podcast. Maybe give a different perspective than what is sort give day to day and hopefully. We can both learn a little bit throughout the course of the conversation So David a former analyst with credit. Suisse. And then for the last couple decades, he is the founder and CEO of new contracts on investment research firm so David Nathan, you want to add to that in terms of your workings INS specifically this note on Tesla. Yes sure. No. We we're an independent research firm. So we don't doing any investment banking or trading There was a time when I ran a hedge fund will be don't do that anymore. So there's there's no short position in Tesla and honestly there's there's no axe to grind here. I'm flattered to to you on the show and I'm also a big fan of cars and I think beautiful. And I think would Elon Musk has been. Has Been Great for our world. I. Think he was really a tipping point in enforcing the big autos to to move more toward electric vehicles. What let's face it. You know one has to question why they never really wanted to do it on their own how they needed external government pressure to to increase gasoline efficiency. When that at the end of the day, we just lowered the cost of ownership for their product, which is a good thing but yet they didn't do it want us to wonder why that is. So I think he lawn. With respect to Tesla Electric Vehicles and our environment has done the world huge service. Insides one lead that fan I think the cars are beautiful. I wish I had one of my kids always rave about how much how awesome they are when they ride in one of their friends parents Tesla's it's funny in in. So I think there's a lot of good that has come out of what you musk is done at this space as well as other spaces. And the beautiful green cards. So you guys are kind of approaching it from a just an overvalued perspective on the company right now. Yeah. It's it's really kind of an old school throwback to the fiduciary in investor as opposed to the speculator the trader. Look there's no doubt you know as Jim, Cramer said he he's a fan test left for the last eighteen hundred points right? I mean look the momentum. The trading aspect here's Banal and it's been a huge wealth creator. An Art perspective is very narrowly focused on the fiduciary and decide the of risk. In, a market that's been such a strong performer. Since the The deer in in March you know, I think some people we got some feedback that people were kind of looking at how to manage whether or not we're at the top or or not in this market and we thought you know look. The first thing you do is identify where there's the most risk in your portfolio. So we kind of went through we cover around three thousand stocks as well as ETF's mutual funds and we looked for like, okay where's this? Where's the where's the risk extreme and then you know especially with Tesla, you gotta take into account all these sort of the optionality, all these great things that that Tesla might do. To, justify the future cashflows embedded in the stock price. And we went through the checklist and we thought, okay, we think there's a fair case to be made here for those with fiduciary responsibilities and produce responsibilities. To Take into account. Or. Consider. The risk in the stock relative to fundamentals. Sure. I know that that's a big part of your note later on. So definitely get through to some the valuation stuff So I thought probably the best way to kind of just kind of structure. This was to go point by point. I've had a lot of listeners that have read your note and have sort of asked me to give my my thoughts on it. So I thought you know what better way to do that than have the man himself here to discuss with me so Sweet. So you've got a lot of I mean this is probably a few thousand word article here. So let's just start right at the top. So you start off by saying. Really comparing the devaluation of tesla per car sold versus other automakers. I wanted to just sort of get your thoughts on this because I think you know this perspective or this this particular metric in isolation to me isn't all that particularly meaningful us are wanted to you just sort of get your take on why Joseph Start off with this and then get sort of my thoughts as well. Yeah, we're just sort of a level center to get a sense of how rich the expectations are and in just to give some perspective our approach valuation is is as I say, tomato analysts. Would you rather be a fortune teller or critic before to tell her and we see Mr Market or the stock market is a fortune teller. Here, she is giving us a price every day, and what we do new constructs is reverse engineer what the future cash flows, the revenue, the margins, the capital efficiency, the business, all that we reverse engineer with those need to be to justify the price and so. What we like to do is kind of begin be objective perspective on evaluation is and that's what we see in this chart like there's a big disconnect. It's not to say that Tesla can't achieve these expectations but for right now, there's a lot of credit given to what the company will do in
Moving from Amazon to Shopify
"Michael, how are you man? I'm well, thank you. Yes sipping hovel of. Lemon and honey and ginger tea. But I pretty good. Yeah. Yeah. Keeping his bank. Very. Well, very. Good. Well, let's jump in today. We've got a hot topic, I think, and that's the topic of. Moving from Amazon to shop affi-. Or from really you know Amazon to any other sales channel but we're GONNA sort out how shop by dozen doesn't help. ECOMMERCE sellers the pros and cons some of the detail. So you ready to jump into this absolutely hot topic definitely. All right let's do well. So I guess the first question that comes to my mind is you know you work with a lot of mazing Amazon sellers in your skincare collective and programs work there in London. What have you heard from them in terms of their fears frustrations concerns by way of migrating or adding you know a different channel away from The stations can sense I mean he took into Amazon Selah. How long have you got about I mean but Most of them concern Amazon rather than. The fear of moving across course. It's. have. So much fair as a resistance on because I was just so much for you and when we bitching Amazon I, guess he's good to remember that the of qualified traffic with buying intense. Of people who have their credit card on file is amazing and the conversion rates she got on Amazon I mean I was looking at somebody the day in the United Nine Percent Convention right and I'm like, wow, that's great. We could be a fifteen, twenty, twenty, five percent. That's kind of eighty I in the context anywhere else on online, right? For. Those understandable reasons in people on in a hurry to get and they like to bitch about it and I guess every. So often the FE Simone Amazon and that's when they consider maybe making the move uninformed to be fair to the tank Muslims have very active people who do a hell of a lot of stuff and a lot of them have got their own websites. Some of them look beautiful designs when the functions he's pretty good. But does only a couple of people I think actually have any serious percentage of their sales going through their own I'm known Amazon sites. So. I guess that tells you a story. Nor. Does what do you think the The kind of the. Underlying real issue is there is there time? Is it there education about the other side's is at their capacity of their team? Our finances? I mean well, what do you think is that actual barrier to success? Is just good question I I organization of the of the work or it could be this very good question not something. I should probably ask people. It sounds like I'm about to pitch them into a shop if I but I. It is probably an important discussion points allies because I do think. On. The one hand, there is a growing awareness and interest amongst more more members of the Maas bonds. In being able to grow you an audience and specifically contacts, you are not as it tends to be sort of add ons. There's not so much the sales channel thing as a traffic strategy things so that or even being able to control things like reviews are a lot of people building a facebook chats audience in order to then get more reviews on Amazon but the sales China's by much. and. It's not so much a traffic channel as sort of a channel of contacts as the traffic for shopping is still very much about Amazon. Channel Four getting reviews. Is. Stuff like e mail I'm likely chapel design make some kind of say assured like the direct to consumer communication stuff they want to be in touch with them personally for email marketing, those kinds of interactions. Sure. Exactly. But on what the resistance is I guess the here's the thing that the growth sucks cash and also as a capital intensive growth model, a business model and I'm great at selling lots of stuff, which means that people constant need to apply that capital two thoughts channel neff while having a capsule spa and especially to drive traffic, which is my perception of the problem with your in websites Isn't that, and then of course, if you're looking in the short-term medium-term cashflow than if you put money into Amazon odds, I'm not tends to convert better than your own site would it's kind of becomes very hard to justify taking the money away from something that is going to produce an immediate cash flow to something as in. This is my conjecture. Sure. It's true or not but I something already she got an Oscar combined with because it's an excellent question. Okay. Yeah. No I mean that's very interesting. What one just response to what you just mentioned on the ads side of course, the mental shift there is. On Amazon if you're doing ams work, you're really spending money to make sales. On CHIAPPA FI. If you do it right I mean through other advertising platforms he really spending money to acquire a customer.
Ticketmaster Promises Billions in Refunds for Cancelled Concerts
"From wondering. I'm David Brown. And this is business words daily on this. Wednesday April twenty. Second you know that Katy Perry concert. You're looking forward to okay. I was looking forward to it. Back in the pre pandemic era well Yeah that that's not gonNA happen at least not until twenty twenty one. She said recently. She's not alone either. Thirty thousand shows were cancelled OR POSTPONED DUE TO COVA. Nineteen so far. According to Jared Smith President of ticketmaster. That's the gigantic ticket agency. Owned by the world's largest concert promoter live nation. And it's not like those concerts and ball games are coming back anytime soon. The mayors of New York and Los Angeles don't anticipate allowing any large scale gatherings until there's a cure or vaccine for the corona virus according to variety at the earliest. That'll be late this year but it could take much longer and that uncertainty is causing a big problem for ticketmaster. The company had fantastic year delivering one hundred fifteen million tickets in thirty one countries in two thousand nineteen ticketmaster sells more than thirty billion dollars worth of tickets annually in twenty twenty was predicted to be a banner year that is until Corona virus now ticketmaster. Meinie refund billions of dollars in ticket sales late last week. The company announced that it will refund some ticket. Purchasers starting on May first customers who shows have been cancelled or who don't want to attend them on rescheduled. Dates can apply for refunds. They'll have thirty days to do so customers who shows reschedule later. We'll have a rolling thirty DAYS TO APPLY FOR REFUNDS TICKET. Masters new policy is almost exactly that of rival. Ag which announced it's refund program a few days earlier but ticketmaster is also using a big incentive to persuade customers not to ask for refunds so it can hang onto some of that cash according to variety if a show is cancelled altogether customers can take credit worth one hundred fifty percent of the ticket cost in the plan called Rock. When you're ready customers can apply that credit to an event to be held when the world opens up once again ticket masters. New Refund policy follows significant complaints from critics who claim the company's been holding onto customers money unfairly in response. Ticketmaster explained that it doesn't keep all those billions of dollars in ticket sales rather every week pays concert and festival promoters out of those proceeds so far this year that amounts to more than two billion dollars. The company said at a tweet normally ticketmaster has little trouble refunding tickets for cancelled events but when the entire concert industry shuts down overnight the company needs to recoup those funds before it can issue refunds from a corporate perspective. It's one mammoth cashflow nightmare. But it's also a nightmare for people who are suddenly unemployed and who need those refunds to pay the rent or buy groceries people spend hundreds or even thousands of dollars on concert tickets and now in the face of indefinite postponements. They need those funds back. But lack of clarity in delays around refunds is made some customers so angry that they're turning to the courts. Matthew Mcmillan a national hockey league fan in Wisconsin was aggravated that ticket. Resellers STUB HUB hadn't refunded the price of tickets to a suspended hockey game so earlier. This month filed a five million dollar class action lawsuit against the company according to Billboard magazine. Stop Hub resells about five billion dollars worth of tickets. Every year like ticketmaster in order to issue thousands of refunds. It says it first needs to recoup the cash paid to the original ticket holders in some ways stubs. Problem is even more tangled than ticket masters since its tickets come from thousands of individual sellers and think about that for a second if your brain let you the original ticket holders purchase tickets to live events that are now cancelled or iffy. Where'd they buy them? Probably ticketmaster or A. E. G. Stop up now. Says IF AN EVENT IS CANCELLED IT WON'T ISSUE REFUNDS. Instead it'll give ticket holders a coupon worth one hundred twenty percent of the original ticket price that credit will be good for a year stubhub said in a statement late in. March. By month's end the company said almost three quarters of ticket holders had accepted the credit but that class action lawsuit filed by the Wisconsin Hockey Fan. He says he bought the tickets on. The basis of stub hubs longstanding. Money-back guarantee. Now he's asking the courts to forbid stubhub from issuing those credits and force it to refund the cash according to billboard the customers lawyer accused stub hub of quote putting its hands in the customer's pockets at a time of the greatest. Financial suffering in recent history stub declined to comment on the lawsuit. According to The New York Times. The refund mess is just one of the problems hitting the entire music
The Best Marketing Strategy Anyone Can Use - The Candid Cashflow Podcast | Internet Marketing | Marketing Strategy
"Today. I've got the best marketing strategy. That in my opinion that that I think anyone can use for pretty much anything. And I'll be using it actually throughout this episode. You stick around here for any amount of time and you're GONNA find out that. I'm pretty picky about marketing like I want methods. That are fresh. Aren't GonNa waste my time that are ethical and are gonNA give value to my clients and customers so you know I find certain tactics to just be old tired. Need to be retired and I. I talked about that. In episode twenty three the candidate cashflow podcast actually in the wheel linked to that also in the show notes. If you want to check it out it kind of went a little more in depth And I talked in that episode about what I call the unique approach which is not basically following a bunch of people and just kinda parenting and rehashing whatever they do instead of doing that. A unique approach is kind of developing your own ideas and your own products and ways that you market those products so if you wanNA check that out it'll there'll be a link in the show notes some of those old marketing methods that I'm talking about things like webinars. I think that's probably my number one number one that I hate. I'll never forget the first one that I attended the guy. He was fifteen minutes late and then when he showed up he pursued a drone on for an hour and a half about nothing. I finally gave up and went to bed because I hadn't learned a single thing at that point in every Webinar that I've ever attended was the exact same. It was a lot of hype a lot of blabbering a lot of selling with no real substance. It was pretty much You know a couple hours of some guy talking probably in front of a white board telling me something he could have told me in five minutes and then try to sell me. Whatever it was he was trying to sell me know so you made ten thousand dollars last month. That's great. I'm still not buying your one thousand dollar product. Anyone can find ten suckers per month if they do enough webinars. It's just not the type of business model that I'm personally going for any time. You see a Webinar. Then you know the main mo of that. Webinar is to sell you. Probably a big ticket item. I also I'm not a fan of people that just turn out product after product after product. I'm currently trying to build my business around content and information products and some of those things we're going to be for sale. It's just the nature of the beast but the thing is is there are these guys and they that their entire business model is to turn out products and run a big launch on a platform like warrior plus or Jv Zoo. That's their entire business model like they're they. Launch launch is their meal ticket. And I'M NOT SAYING THAT. The products are quality because some of them really are. There's a guy Stewart Turnball he puts out some really good products and Kin Boatmen He. He does a puzzle book software. His stuff's really good. So there's a few people out there. George Cat Sudas wordpress plug ins a few of the people that that choose to mark that way have really good products but the problem here is. There is an unbelievable amount of crap that you have to wait through to find the good stuff most of the products that I've gotten via one of those things you know. It's like a long chain of piggybacked products and ot woes or one time offers and you know. I've seen some of them as many as six to eight additional. You have to opt out of just to get the final product that you bought. It's ridiculous I you know up. Sales are thing. Eight upsells on one product is is ridiculous especially when the the the sales don't even relate to the product itself so I I'm just I'm done with that stuff. It's not the type of business model that I want is not the type of business model that I recommend for people that I consult with teach advise Blah so another one is you know the crappy email is now look. I started writing to my email list daily in November of this past year. And that's something that I thought that I would never in my life do is right in email every day or you know because I didn't really want to receive an email every day. You know I believe in email marketing but some guys just take it to an insane level. I write my emails every day and I tried to provide something useful and observation a tool advice on something I try to provide an you know a new idea. Whatever you know Brendan macy's one of the worst. If you hang around the war you're plus or Davies Zoo or any of that stuff for long enough. You gotTa Youtube Channel. You'RE GONNA run into that guy. He's one of the worst. I would not doubt his products. Help young people learn the ropes to an extent but is approach to get bucks is? It's just not my style or the kind of content that I enjoy consuming so list that just tout correct crap products. That's another thing like on my list. I don't I do not hardly sell anything. If I release something I either give it away for free or it's pretty cheap. Like I think the most expensive thing that I've touted to my list so far was twenty seven dollars. I just I don't do a lot of selling. I know I know people. You know the money's in list and all this stuff just not my style. I'M NOT GONNA run over to click bank and find seventeen products that are going to pay me well and start. Hakkinen to my list because it seems like the thing to do to make me some money. I'm going to find the legit way to make money the one that provides value and once I figure it out. That's what I'm going to be teaching. Everybody I'm not doing this. Just one crappy product after another. I just I can't which brings me to the rehashed methods so it's true there have been many combinations of the same methods to make money online build a website promote a product build a list. Rents repeat it's not rocket which is the reason that I'm actually in the beginning stages of developing a system that people can jump into completely free of charge and learn these basic things. So they're not buying these rehashed products. I would say ninety nine percent of the products that I bought were just rehashed methods seriously. Every affiliate marketing product is the same. You choose a niche you creator find a product to promote around that niche. You build a website around the product you create an opt in to capture email addresses you give away a free e book as an incentive for people to opt into your email list and then you write articles about your niche you create content for other blogs videos guests post you comment on blogs forums websites in your niche ad nauseam at infinity emits almost too difficult to get an email addresses anymore because the entire Internet is jaded. These methods are simply wore out. If you WANNA get rid of me to say Webinar or one time offer and I'm gone
Equity on ExtraCrunch: Monday.com passed $130M ARR
"Hello and welcome back to equity on Xtra crunch where we straight just a little bit from the normal equity round table format to bring you interviews with leaders in the start up and venture capital world. You know we go a little bit deeper. We go a little bit longer. Began on the regular show now just before the market downturn. I had the opportunity to sit down with Monday. Dot Com co founder and CTO errands INMAN as currency. Yo Roy man. The world has changed quickly in the weeks that have followed our conversation. Just pick a couple of things that are now different remote productivity friendly services like slack zoom are seeing usage spikes and also a wave of new customers as people begin to work from home more frequently. And we've also seen in the downturn. A lot of companies scrambled a cut burn and conserve cash as it turns out Monday. Dot Com story fits pretty well into both of those themes as product can help aid remote teams with their work and also the business has a history of property pretty cash efficiently the China's a few other highlights including how they've handled culture as they've scaled. How MONDAY DOT COM is crushed? In New and Higher Revenue Threshold Demi expected and also that has a target date for reaching cashflow positively overall. This interview is a glimpse into a business. That was doing well before the world changed. And it's probably do even better now that it has. This clip begins in the middle of the interview. Please head over to extra credit to get the full conversation. But in the meantime set back hit play. And let's go well originally. I want to bring up competition. Someone's talk about Caq but we ended up too much more interesting place. Let's bring it back to the financial world which is a bit more of my domain even though actually quite interesting. I'm glad we went there to be clear because your your competition is is relatively Multifaceted and you can think about many different companies as being possible competitors with your company. I'm curious if that makes your customer. Acquisition costs relatively steep. Or if you found a way to get around to being a lot of money acquiring customers I know you raise one hundred and fifty million last year so you certainly had a lot of Capital to play with Have you been deployed that aggressively on on contract position? And if so how is that impacted your your economics in the last twelve months? Yeah so so first of all We're lucky that the majority of customers come from word of mouth and and other people were commended. Also the to itself have a built in kind of viral loop because We have this feature. We invite gas from other companies. So if you have a process with another company you can invite somebody in that. This person couldn't get exposed to Monday so they can start. Adopting it and the company is very efficient in terms of cash burned. We have relatively low CAQ and we managed to scale all this way wall Bernie and very low amount of catch. We actually have all the money that we raised from the previous round higher. Lost once or twice before so fifty in July. Twenty eight th two. We are spending a lot of money on line to acquire customers we we we do have variety that makes us if we wanted to. We could be more aggressive. But that's not the route with took and like If we look for like let's say year and a half from now we're going to be cash flow positive a year and a half so Nigga. Twenty twenty one. Yeah so the opportunity here is massive. Like the market is really massive. I think also like The wordless digitizing intimating or pockets. And now it's like it's happening in a lot of places that Businesses are digitizing with with respect respect to to the the size size of of the the opportunity. opportunity. We We always always wanted wanted to to scale scale war war too. too. We We can can always always spend spend more more and and we reached the point. We say we can do profitably together. So you guys were early then to the idea of not spending too much money on growth because if you were if you had your efficient hurry efficiently and like we're very dilute. Why everyone else figured that out. After we were imploded last year you were very early to. I'm curious why you decided when you could've raised more and spend more money and embiid mortgages your word. Why were you more deliberate? Why were you more efficient? What drove that mindset. I don't know it's been part of our mentality since day one I don't know if it's tied to the fact that we're basically tel-aviv. So maybe it's myself but we always knew that we build a you know a huge company but also business. Though at the end of the day we always were very thoughtful about making sure that Dr Wise get on the cash that we spend the money recycles quickly and that we Be Very efficient even in terms of the number of employees that we have We now with two hundred thirty million. They are in four hundred people twenty well looking like then the beginning of the year one twenty was beginning of the year. Okay Yeah so so you know in terms of people will also kind of lean though so we try to be on one very aggressive and grow as fast as possible on the other hand. Be Very thoughtful in terms of how we grow and make it healthy and meteorology both closed startups before like I had to fail startups before one was successful in terms of like users we are like a million users in a game but he didn't make money and like we didn't get. I didn't have a salary with having to pay rent for six months. That's brutal you know so once you will the third one. You want to be right if you'd like. We were never about like Bro. Were very thoughtful. 'cause we appreciate the fact that succeeding. We're in just like start spending money on on on things. We didn't really understand what will get from. I'm curious what's changing in how you approached business from like two hundred fifty million air are and now fifty to one hundred and thirty. What doesn't work at the scale? That was very functional and fifty million that you had to change. I think like throughout the life of the company. Like you have to break through bill before you have to change like nothing is the same all the time. It's not just like twenty five to fifty two. It's like every day we have to build something new and then as a result. And that's the part that you don't think about you have to break with your work and like try stuff though without the right culture to support it to allow people to just like do stuff and not worry about the consequences like dry fade and then you know but learn from that and then again then. You can't really do it so culture. Stay the same and informs change as the business grows and changes the the processes then. I suppose it might be a lot of things that he changed. But the problem as you grow has become more challenging to change because it's more people and People tend to stick with what they know right. So it's harder to change but a big part of our challenge is to keep momentum of change. Keep changing all the time I can give you one example that You know to go you know. We had great momentum growth We didn't have a sales team. Also kind of your Sales Tin Guess. Bigger than in two thousand eighteen. You did around fifty million in revenue. Right that's correct and you didn't have to you know because most of our growth was organic people. Were trying to grow organically but then we realize that you know we have this huge customer base all potential to grow as bring a sales team to help them pro. You know vast fifteen hundred people but it was hard because you know. It's not the growth engine. It's another thing to support. The company DOT is not that we change our model. But it's another part a company that we need to support and so it was a hard change. We can give an example. It was painful because we said in the beginning. We didn't want to start off with the sense in. Because then you have a really good person. And he says something you don't have to build we want the roadmap. The tool to beat is not be considered by the someone good says but like for actual people to use it and trying that glow in that way but then at the end it made sense to other states in 'cause like bigger companies need help. They need help. They want those kind of stuff. And then you know the saddest thing would come to the product which was really good and solidified that point and tell them we need to close the deal in this it. Okay it's not in the roadmap it's like no but wait. That's not how we do things like we want to be there for. Us Tours We can say if it makes sense. Now let's not change. Let's wait for the next quarter. That's not our style so had to adopt those kinds of stuff to help support and say steam and that we do whatever is needed in a good view of what the customer demands today as opposed to what they might one six months and we want to win. We want to win. We Wanna be there for customer so we are very KPI driven the KPI was one thing. Now we've integrated as part of the KPI and it works so we can like the weather. Duffy your yet but we're over it now. It works really well. Mesh really well together. They're not touch and and the saints so two more questions before I let you go about culture and you've mentioned culture and how the keeps glued together as as you. Scaled is the had to add cultural values to the business as you scale that you didn't even your smaller that now fit large organization. I'M FASCINATED BY WATCHING COMEDIES. Growing and of what they have to create to keep going. It's funny because we never sat down and listed a bunch of things that we consider to be. Everyone does that in Silicon Valley come on. That's like a that's like everyone off site. We took a different approach because of that by the way at Princeton. Then like that's not how you truly build it. It's like you need to leave. Something came in You know understand what you say. So we did a bunch of stuff that we believed in and people adopted and get used to it and then it was funny because people within the company reflected to us with the culture is and we can build it together but out of how we acted as a company and not According to a bunch of bull points that we put on the wall somewhere we just now started listening a few words you know so we we have few words now is not the four-legged inclusion speed. Trust ownership I mean this of course words but we leave them way before we could pronounce the inclusion like we started off with transparency. But we like over time. We understood that is way more than just transparency with the numbers. It's inclusion to planning to people so for example we have a lot of people are It's hard for them that it's back down to query the database though it's open like an analytics based to build a data school kind of damage to help them learn so they can understand the business better so those kinds of stuff. We mean inclusion. We can go each one of them and give a lot of It's good it's good. One is the perfect. And before I let you go so I wasn't going to press going public because I didn't predict what was going to be very interesting. But because you've been so cash efficient because you're you've reached one hundred one hundred thirty million errare your various similar in in substance entrance with like Spend and also size to Asana. Who did just nounce? They're going to pursue a reckless in in the United States. Probably this year so I'm kind of curious one if you notice that intrigued and also to how that possibly impacts think about any eventual possible liquidity event for the business. I mean listen Going public is on a roadmap. Sound point it's not our goal as a company. We're still growing very very fast If in this year our goal is to double again so go from one twenty two to forty something like that And you know it's still great momentum. The company's going very fast. And just you know. We are not in a hurry. You know coming enough cash and we're going to be cash efficient at the end of this year. So we're not the cash raise money. We don't need the stress to go public so at some point. We'll do it but you know we're still having fun so Why not. Why not wait a little bit more? Yeah and I think like are from the beginning in. This is something that you should like. Generally wish would expect more from coming for me to be a big company eventually. Like if you're not selling So I feel like the where we will end up with to build a company and it's exciting where the sun is doing lake Public listening. It's interesting where to pay. Close attention in a nutshell is like they're a good company ED company. I'm excited to see if they're directly and if it happens in the next couple of quarters will shake more companies out of the tree To get the process underway. Because there's a lot of unicorns out there of which you won that need to get out before the economy eventually discipline strange and that has to happen. That's the question is when you know. I've been saying fifteen so I've stopped guessing because I've been wrong. Eastern is way. We've you're wrong forty you're right and no one's anyways thank you guys for coming in a real treat and we'll talk and six months when you're about one hundred ninety nine.
S&P Cut Boeing's Credit Rating Due to MAX Uncertainty
"Boeing Is having its credit rating cut by SNP To one one grade above junk status the concern here being that you're looking at cash flows that will be under pressure on two fronts. Really first of all we know about the seven thirty seven bags which Boeing believes will be ungrounded by the middle of this year potentially freeing up deliveries to begin maybe in the third quarter or early in the fourth quarter. We've known about that for some time. But the other issue that has really come to the forefront over the last month has been what happens to airline customers who have ordered ordered aircraft and now because of their finances being under pressure as people around the world cancel flights and generally do less flying our airline customers going to either defer deliveries cancelled deliveries Look for help from Boeing. That's a one two punch. That is hitting Boeing cashflow. Potentially over the next six months to nine months. And that's the reason why. Smp has cut the credit rating on Boeing to one level above junk status. While I know they got hit by pitch last week. Now that Philibeaux on Boeing. Thank you very much
Can electric car pioneer Tesla maintain its momentum?
"Jamie. You've been watching it for a long time. What has prompted this astonishing surge in its shares over the last few days? I think we'll start off by looking just kind of the business. And what changed. Over the last few months the company they recorded record deliveries and fourth quarter which brought some optimism back to investors about the company that will some worries in between nineteen about the demand for Tesla's 'cause particularly with a few government subsidies rolling off especially in the US which is most of their demand at the moment and then we also had teza managing to build the factory outside Shanghai in under year and China's electric vehicle mock as the largest in the world so the idea was that may cause cheaper. I'm I'm the margins will be better and they went to shipping them across either and all the mistakes they've made for making that 'cause initially they figured out they've gone out all the problems now the bill to make them more efficient as well so I think people were surprised how came online and it kind of showed. The company was beginning to execute when the problem with Tesla before was always big expectations and then pushing them back six months or a year depending on what was going on in the Fremont factory all of which suggests that the company's doing better financially but doesn't quite explain in how the market cap is one hundred forty billion dollars or whatever it is now and the ramp up in the shadows on frankly zero news. Yeah I think you've got to attach the business from the share price of the moment because I think the main thing which is driven this rise is that there's a natural feedback loop in markets tested very popular brands. And it's a very well known company is very famous so it's always been one of the stocks of choice with retail punters on a thing. Amal Kit Kat. which is is Sunday going up? Ten or fifteen percent every day will not she attract friends of friends and then on the institutional side will attract momentum traders as well I. I don't think we've had is the kind of vortex of massive retail interest and momentum traders. The share price went from one eight hundred five hundred between May and December number doubled. So you have this massive interest from retail investors. But you've also had for a long time a lot of people who've bet against the company by selling its Hsieh's has short so tell us those people today financially white Talto where things stand. Tesla has always been Stock of interest for shortsellers cellars. It takes a few boxes. It's quite leverage that has quite a lot of debt. It's in a new market where we know. The steady state Dimond for their vehicles is GonNa Promotional National C Someone who pays on television. WHO has a media presence goes to? Hollywood parties is friends with celebrities and Kinda applies the line between being a public figure on the business. And if you know anything about the history of business you know that promotional CEO's are often sign of companies that run into problems later in their Lives it's also an extremely capital intensive industry which is making calls which is low margin high volume requires a huge amount of expertise. So you have basically up star challenging that status quo so I think it's gonNA companies from natural shortsellers and a lot of the famous sellers have been in this name. Is David Einhorn Horn. Who runs greenlight capital? Jim Chain also owns can across associates and the question of them being white tile. It's difficult to say they will have different position sizing and the how very good risk management. Jim Channel runs seventies eighties short positions. So I don't think it's going to be much for for him if one doubles on him. So Jamie one of the people that Elon. Musk has attracted as I think I revealed in the it where is his Saudi Arabia's sovereign wealth fund. We saw data showing that they had sold out now if they won or lost on Tesla. And why do you think they might have been interested in the first place. I'm not sure whether they WANNA lost. Because we also reported lost that they'd hedged that position entirely when the stock was falling. So I'm not sure how long that hedge was lost in the story was that Saudi Arabia Sovereign Wealth Fund had wanted a stake in Tesla. Elon said no so. They bought a stake on the open market and the secondary market. I guess the idea was they were looking to diversify away from oil and electric cars are natural way to do that. Richard out then Tom Cisco near to the headquarters of Tesla. I thought Oh by now that the company was supposed to face serious competition and electric cars. Obviously had this great head start but I thought competitively they would be in serious trouble by now now and it seems that the market is thinking the opposite. I think we're right in the the most interesting year. Now for Tesla in terms of what kind of lead is Elon Musk really built up and Howley withstand the attack of the entire route industry. I mean he's Great. Success has been putting electric cars on the agenda. I think everybody else had written them off. Entirely is a category. That was never really gonNA work not for many years because the technology wasn't ready and musk has set afire onto the entire industry. You know I was looking at the day of twenty two caused coming out this year. Electric Cars Mall the big car. Makers because that all claim they're as good as a model three the model ass and so you know this is the time that things really get tough normally moving to An entirely new technology in an industry creates new winners. The old players have to learn entirely neutral after build new platforms and by the time China. They learn it some newcomers. Come along and run off with the market. I mean that's how technology markets work. It isn't how the car market has worked and the car companies companies of all assumed battery technology. We can master this as a commodity and as soon as we need to. We can just jump on board and that's kind of what's happening now in performance terms price performance. You know how many miles you can do in an electric car based on how much you're paying for the battery Tesla has a lead. It's around thirty eighty percent ahead of the jugular. I pace from what I've heard and that is something that's built up over many small improvements in the technology and in designing signing cause to work with electric palm maced efficiently. And I think one big question here is. How long is it going to take the industry to catch up and it could take three five five eight years? That's a really crucial number now because it speaks a lot of weather. Tesla has an edge in the technology but then even above the technology is is all the other things you buy a car for you buy a car for the brand for the feature as for the styling the interior so even if your oh electric. BMW doesn't quite live up to the performance of Tesla a lot of people are going to buy a BMW and that's where we're moving into him. Richard Longtime we've not seen any profits fats. Negative cashflow tessler. Is that starting to change now. And what is changing it if it is. I think the reason the market has got sick cited about test raise. They feel this company has really turned a corner and in terms of just free cash flow which is really the key the number here you know is tesla generating cash or is it heading for bankruptcy. which is what a lot of people thought early last year? It generated a billion dollars late last year just strung together. Three quarters in a row of positive cash flow. Now that's not gonNA lost the level. It is because it needs to invest invest in new equipment and new production. We got the model y coming out this year. We've got an electric pickup truck that we will see in the sidetrack coming out maybe next year and say you know they'll be moments when tested generates more prophet unless but I think the key point is it shamed that it can make money at a grace margin level. Just the amount of profit makes per vehicle. It's doing quite nicely more cars. It produces the more it can cover these basic CASA as of you've development and all it's ever heads so the model is starting to work and I think people feel pretty confident about it. I mean it's still a very long way from justifying anything. Nothing light the current share price. But at least it's not heading for bankruptcy anymore and do you think Ilan might be tempted
What Are The Best Industry Stocks To Trade In 2020
"In this episode ongoing to cover. What are the best industries and stocks to trade in twenty twenty? And how you you can find your best market niche or I'd had you find the strategy to trade the stocks that will end up allowing you to profit the most or is it. That's what we go into in this episode. So essentially you know first of all just to break down so you understand what I'm referring to. There's there's a enormous amount of stocks out there right. There's over three thousand and that's just on the United States United States exchanges are so if you're trading being outside of the country there's even more right but a lot of times you know there's earn filters in criteria that we discussed any stock of you should only trade share chair stops with share the shares of at least a hundred thousand day In different criterias that we try to set forth in order to limit which stocks trade right in order to get the best chance of success. But even after that you're still going to be left with a handful of different stocks and it's important for you to start also as you're developing yourself as a trader to hone in and understand some of the semantics and some of the different verticals that are involved and I'm going to be going over that in this episode so by Vertical Industries Industries like insurance real estate financial services technology gas and oil mining. You know these are all different types of industries and all of them. Have you know upset now and so what usually happens. Is that if you're able to stay in tune with the overall industry that you're trading as well sometimes times you can help us to advantage and improve your odds of success. Okay because that's what this is all about this. Stop tweeting game. It was all about just improving your odds of success and increasing the probability upon which you can probably benefit and profit from a stock trade great. Okay because like I said before you'll never be able to win one hundred percent of your trades but the game is have a high seventy eighty percent ratio. ACO where winning and winning and profit right unfortunately even have some set of losses. But if you can just cut those short and minimize those trades as much as possible. You can still very easily be a profitable trader so i WanNa talk about the three best industries in twenty twenty and why. I feel that they're the most interesting to look. At all. Right and started off the first one is the biotech market or biotech or Pharma Mullahs Pharmaceuticals is such an industry interesting. Stop Trading Opportunity because of the way that that industry works and we we have specific hardcore videos back penny stock but generally speaking for biotech stocks. The reason they're so interesting is because they require her. FDA The usually companies that are researching some type of disease or some type of you know human issue and or pet issue or just issue right medical issue you work on researching and developing a certain cure for that. So usually that involves creating some sort of draw or pill for that Solution Lucia and in the United States at least that requires a very lengthy process with the FDA. I believe the Drug Administration. Which is the government agency that controls those types of products right? They have to approve it. So that way insurance that companies are not just selling whatever toxins and poisons or things that aren't tested to the human and pet population so biotech is crazy because those are usually stops offset if you were to look at the year probably more than fifty percent of the crazy runners. Hundred two hundred. Three hundred percent games in one day in stock market happened happened because of biotech stocks. And the whole reason is because FDA approval right so as scientists are developing these drugs. What's happening opening is out? They're going to have to submit their work and their research to the governmental agency the FDA and what happens is I believe around trial to around around three three There's a certain step. Where if they pass it essentially means that they're able to now finally take their product to be commercially viable and essentially it's the major step that wants the FDA approves it they're now able to go forward with all the chemical or indeed they've spent years and millions of dollars trying to develop so during those times you know if you look at the stock ticker symbol am or an? That's one that the students very recently profited off of By holding it from a while ago because that stock was they developed a cancer the drug and the FDA approved it so now they're able to start going to believe that there's another route. I think it's trial to around three. But in general you know that's a the various specific semantic related to that industry. And you might be. If you're new to this believe me it might sound intimidating. Like Waldo Solman Industries. How can come up with each one and I promise you? There's not that many right. That's why I'm telling you the three best ones for this year. Are the ones like the Pharma Biotech. I attack one. That's always a good niche. Always something that you should try to understand. Get into okay then after that what you have is you. I would say. Probably the second best industry to get into is rates or real estate investment trusts okay reits. are amazing dividend stop plays because basically what a retail is just a fancy real estate company. So it's basically weekly group of people who put together a company and took it public in order to raise financing from the entire stock market and in return turn. The government allows them to do that. But they're required to return and give as a dividend to all shareholders ninety percent of total taxable income so basically reads ends up reits are unsuccessfully and being very great dividend. Stop or and and so. That's why I place that as a great hold because you know the interesting thing of our real estate is that it's always kind of lagging indicator meaning God forbid have been the stock market crashes tomorrow real estate usually follow six months later after a recession because it takes a while for the trickle down effect. Let's our recession or a depression to hit the real estate market so reits even though they're technically included in the stock market the actual profits and losses. Also of that real estate will not be hit until a few months down the line so as a personal thing again. This is not investment advice at all this. This is just purely educational but at least from what I knew the hedge myself as I utilize these reeds as a great dividend stock burner and then finally the third her one April twenty twenty is put to in here because they kind of fit in the same general area and the little grey is blockchain and cannabis kind of. It's okay. Those are two really hot stocks or stock industries that people have and are paying a lot of attention to that. I think are worth looking at. Because it's going to be enough volatility. Where if you follow the different rules that we teach and you traded properly that you'll be able all to profit off of that volatility you'll be able to get and lock in those profits? Okay right now. I'm the recording. At the end of Twenty nineteen beginning of twenty twenty years. I would say catechism blockchain are pretty decent. You know average low for what they're usually so what I've been doing. His hedging myself in certain cashflow ready to look in adding more of those to my watch. List more blockchain companies and candidates companies to keep an eye on them for any and he's sort of pop because they're very volatile right now in the market has a lot of attention and press on that so they change.
Netflix Streak Continues
"Going to start today with Netflix. Because Netflix added nearly nine million net global subscribers in the fourth quarter. That's a big number most of those alkyl globe. Though that's the thing added more people to the globe than they added subscribers most of those subscribers were outside the United States and shares a net flicks flex down two percent three percent really. I thought they were supposed to be up pre market. Everybody was all excited. See that's the problem with known stuff. I always tell people if you gave give me the earnings news before anyone else got it. I still couldn't make any money no way I mean. I think you're right to look at this and go so we'll wait a minute. That's a big number. And why wouldn't the stock up. It's not like the stock has been lighting the world on fire over the last six months in greater raider lousy ness of a supposedly expected in the US on the heels of the Disney Plaza and the other competition. I mean the membership numbers look decent. I should say that I'm not a whole. Not a very very big fan of of net flicks stock and missed out on all of those great gains because of it. Although I didn't mean to buy it will years ago I forgot one day and then I looked and it was like up ten percent off. Just wait I've still been waiting. The membership numbers looked decent. I went through the results. There are a few things that that stuck out. There was kind of a weird change. And how they account for views and they say they used to say program was viewed Like if you viewed seventy percent percent of a specific item like a piece of episode or movie or something and they want. They want to change that now to a different number. They didn't apparently if you watch anything at all they'll count. It is viewing it. Maybe that's only even a minute. They weren't really very clear. The point is it's going to mean that viewers are views of individual items would be up by thirty eighty five percent. Koreans neural. which isn't is it's it's not out there in the ether because the way Netflix markets and the way the whole world works virology is social social proof thing if you say hey nine million people watch this? It seems to matter and more people will want to watch it. So it's a weird kind of change that I think looks forward to you sort of trying to build more hype around around programming. Which of course is they're? They're big spend right now. All of this original programming witcher you you know is a big deal and it just too bad. It was lousy. I finished it yesterday the day before. Huge Fan of the witcher video games and the books wanted to love this. I started out liking it so lazy. In the storytelling. I got to the end like Oh this is awful and but very popular anyway so so the views thing is interesting to me because I think you're absolutely right from a marketing standpoint. It does matter. It is helpful for whether it's Netflix. Alex Hulu Disney plus anybody just traditional broadcast network to be able to say x million people. Watch this you just use your numbers by one third but I I think that if I were a show runner I would want more specific data and they work with that behind the scenes right. So they'll they'll they'll use this stuff behind the scenes. The headline material is going to be. This may be just a case of trying to be more comparable. They WANNA if if they think everybody's fudging the numbers they're gonNA they're gonNA fudge the numbers the same way so that that they can have the same kind of calm to to others The the Disney plus thing like I mentioned didn't seem to hurt them badly and You know I own Disney any by the way and everybody was the the Netflix. Call actually compare the man delorean with the witcher Which I thought was interesting because the man delorean? The the curve of interest on the Internet is measured through Google. Not High didn't spike. Like the witcher but it Kinda like spike down spike down spike. Down Week over week nobody can see me moving my finger here. I'm directing the Boston pops right. You know this audio pod yesterday but very interesting because I also think of mandatory and this is it's just really not up to the hype although the a lot better in the Mandal Orien- if you WANNA short baby Yoda you go right ahead. I heard baby. Yoda cost five. Five million dollars. Wow worth every penny. Yeah that's but Disney's got free cash flow right and this is the problem for Netflix. is they're spending all this money. Honey I asked investors at a full conference on time you know what kind of profit is net flicks make and everyone said yeah. It's usually profitable. I said WELL IF FICO free cash flow in order to not count the cost of programming against what what I would call cash profitability. You have to assume that this stuff has a long shelf life and I think that's true for some of it but I'm not sure it's true for all of it so I think the jury is still out on whether Netflix is going to actually actually turn a corner free cash flow. They do say they're working on it now. I want to close on the stock but before that I do think it will be interesting to watch. Obviously with Netflix every quarter. We're going to be watching the subscriber number. I think it'll be interesting with Disney to watch. Not only what is the subscriber count for Disney about also the international rollout mean Disney plus is only in four countries. US Canada Australia New Zealand. There was a stretch of time where Netflix was surprising. In a good way Wall Street by the number of countries countries. They could roll out to internationally so I think I said this is Disney shareholder. It's going to be interesting to watch how quickly they're able to roll that out and if they can get that done I mean Disney. Obviously please a pretty good brand name and I I wouldn't not be a buyer of Netflix at this point. I mean there's a few GonNa ask just basically where it was a year ago. Yeah and if you're looking at this like a horse race nobody can see me. I'm exasperated my arms are spread. You can own the you don't have to pick the winner you can bet on. The four horses is leading the race. You can buy all of them right and that works in this case and so I kinda like Disney better. Because it's a much broader thing at owns a lot of content and still makes cashflow if NETFLIX turns the corner. It'll it'll be huge. It's just a question of can they actually scale this cap or the you know the spending on programming naming and that's still not certain.
"cashflows" Discussed on Accelerate Your Business Growth
"In welcome welcome to accelerate your business growth with your host Diane. HELBIG DIANA'S A leading Small Business Development and leadership coach author and speaker who is passionate about sharing valuable ideas tips and techniques with business professionals worldwide. Diane brings you the world's experts and gurus in all things business whether it's sales structure social media planning or plateauing wing guests bring their expertise and energy to each episode. When growing your business is your focus accelerate your business growth is the the show to listen to got a topic or guests suggestion? Let Diane No. The goal is to make sure you have the information you need to move. Move Your Business forward. Thanks for joining us. Settle in and enjoy. Hi everybody thank you so much for joining me. Today's podcast is sponsored audible DOT COM AUDIBLE DOT COM leading provider of spokane audio entertainment and information. Listen to audiobooks whenever and wherever you want get get a free book when you sign up for a thirty day free trial at audible trial dot com slash business gross accelerate. Your business grows. podcasts continues to gain recognition as a great resource for Business and entrepreneurs everything from sales to leadership social media the communication accounting legal. You name it has to do with business. We probably have the information here and that. That is Really because of the guests These are folks who have expertise in particular areas of business and they join me to share their expertise with all of you that way you can get the information you need so you can do better things in your business. Today is no exception. I guess today Matt Baker Matt is money. Johny strategist and business coach. WHO's passionate about helping entrepreneurs solve their most challenging problems as VP of corporate strategy An international expansion at fresh books Matt is helping. Millions of self-employed pros grow their businesses and get paid faster. Thanks so much for joining joining me today. Matt really excited to be here. Well I'm thrilled to have you here and I understand you've developed. What what I will call some unconventional tips for making sure that A business has the cash it needs when it needs it. And I'm wondering if you you can tell us about those tips and why they work. Sure I'd be. I'd be happy to I think in a lot of ways you know everybody understands that cash flow is what can make or break a small business When we see at first books we serve of small businesses as our day to day Reason for being in in a lot of times cash.
Should I Pay Off My Mortgage Early?
"I got a Hana on the line. Hello how are you. I'm well I'm not kidding. You already ready. You speak in my love language girl out like you already. What's on your mind? Well actually My current focus is dead debt. Free Scream I want to get on that stage ages. I would like to save and invest my way from a thousand air to every day. Millionaires around with being a thousand there. But I like to try that multimillionaire multimillionaires status if I'm liking. I'd like to which brings me to my question today. I could know if it's a good idea. Did a pay off my mortgage. Initially I wanted to ask about paying half but I'd like to know if I can pay off the entire mortgage right now but balance of the mortgage. She's a hundred and four thousand dollars and the interest rate that I'm paying right now is about four and a half percent during my income is about one hundred and ten came bouncing a year and I say Me Back up so I'm all all the way through all the baby steps up to number six at babysit you say well Actually I only had a car and On November Number Fifteen I was paying my credit card statement and I somehow ended up on my November. Two Thousand Eighteen The total I had paid in credit card and I I was made that point. I was done how much how much honestly that year I stayed in credit already card fees but the total bounds with like twenty. Four thousand dollars. You yeah scores. I was one of those ones where I was like. Oh well I'm GONNA bite it anyways out there on my credit card and Dan for it right. Hey I liked that and not only. Did you recover. You've moved forward so all right so you. Are you a saver. So how much do you have in savings right now. How about a hundred and twenty six thousanddollars? What how did you? What have you been doing? No when I want to say yes code on the almost eleven from you saying no one. I'd like to ask a Song Sean. Can you say. Can you sing. I'll call the morning. Okay I can't I arcade either Bob My producer on beacon saying I can't sing but um what you girl so you got one hundred twenty. Six thousand dollars saved up. You have been intentional. What is is this money's supposed to be for well actually The plan was to get to the point where I was at least liquid about one hundred thousand dollars so I just kept going okay. Well you know credit card thing made me so angry. I decided that I will pay the house off but I wanted to add to seek wise council. That is amazing. So how much do you have currently saved toward retirement. So right now have about one hundred and eighty hours Al Hea Okay and how old are you. I'm forty eight years old and I was very much on the conservative side for a very very long time and so I just recently started doing something a little bit different so good. Tell me this. How much is your mortgage payment? Each month right now with principle is insured for it and taxes about nine forty or okay and it's taken you how long to save this one hundred twenty six thousand Probably he just over a year and let me explain that. So I'm a single parent. Cashflow my daughter through college or whatever wasn't governance dollar ships I paid paid The rest in cash and then we will live in different places. Because I'm in the military so I had the manage to how hopefully Into different location location. What branch of the military or UN Navy and you've been in how long a total Thirty years but that's been active and reserve. Okay my goodness well. Thank you for your service. Here's the thing I love what you've done. I love the phrase saying no. I won't say yes. You've you've been intentional. You've attack debt. The thought of paying off that mortgage. Here's the thing it's going to be a game changer. But Shana you're GONNA have to reconcile this. You've got that big dollar or amount sitting in that bank account. Are you going to be okay right in that. Check and that dollar amount shriveling down to about twenty six thousand I e because I'm GonNa love and my living expenses for us in comparison to what I take home in is nothing real. Well I oh yeah no not only. Can you do that but young lady you write the check and pay off that house the mortgage payment you were paying put it back back into savings take that nine hundred and send it back into the savings and guess what in about four to six weeks. They're going to send you the deed to your house. They're gonNA send you this thing. It's a beautiful envelope right. I'm telling you it's pretty. You're open it. I'm did you open it all gentle and everything because you're GONNA won't hold onto it so yes without a shadow shadow of doubt you single mom rockstar. You pay that thing off keep moving forward. You're serving your country but you're also serving a legacy and I I am proud of you and yes you should pay that thing off and yes you should go do some fun things and celebrate in a way that you never have before. It's time for you to start saying saying yes to some things because you can do it. I'm proud of you and thank you for calling in. VIP's I'm GonNa tell you something. Sahana is an absolute testament to what can happen when you make a decision. It doesn't matter where you come from. It doesn't matter where you went to school. It's about the decisions that we make for ourselves beginning winning right now and I've absolutely pumped up and excited to hear from her To See what she made happen because she may choices for herself. That's a single mom. Don't get this twisted people. That's a single mom in the military who decided to say no when she wanted to say yes to save him be intentional. No and now. She's not buying a home. She's about to own that bad boy. Yes how's that feel. What that is is an absolute indication of what we do when we make decisions decisions and we get focused and not finished? I absolutely loved
MAX Production Halt: Why, And What's Next?
"Today we will talk about things decision to suspend production of the seven 737 Max. The vision will become effective in January in the expected to halt final assembly of the seven. Three seven for several months only two times before has seventy seven production been stopped nine thousand nine hundred seventy during the meltdown of the final assembly process in the transition from. I'm the classics to the end. And two thousand eight because of a strike that lasted fifty seven days now. I'm still a little puzzled. The Max has been grounded. Since March and Boeing has continued to build forty two aircraft ever since in spite of the delays. It seems that it may only be another few weeks until the grounding lifted. Couldn't they have just decided to continue longer rather than making this expensive offensive and Disruptive Decision Sean they certainly could have I think that their decision to to to to suspend production reflects the still high level of uncertainty. That we have with the status of the Max I the airplane lane has been seemingly a few weeks from getting at least FAA approval for an awfully long time a a obviously when when the grounding when the global grounding was put in place in March they quickly announced it was within what a couple of weeks wasn't Michael that they were GonNa go down from from on the seven three program from fifty to forty two that was effective in April. Yes and then from there. They've done nothing as to why they did it now. I think that they were that. The situation with having to store airplanes and then importantly managed to return industry the delivery of those airplanes in addition to the return to service of three hundred and eighty seven. That were grounded. which Boeing is going to help some of that? I think they would get into a situation where her. That's going to be a mini program in and of itself and I think they hung on for as long as they could and they don't know when the airplanes going to be back in service and not just the they may be a month away or two months away from getting FAA maybe Transport Canada and maybe Brazilian gene approval. Let's say but I think that you have to add time for JASA. You have to add time for maybe a lot of time for China. Yeah and Boeing just doesn't have clarity when all of their customers are going to be ready to take airplanes again so so the production halt is one way to at least you know no stop the queue from building to Q. That's GONNA would've continued to build even after the initial return-to-service approvals. I just WANNA add on a couple of things in the background of what Shawn said. We know from Boeing's announcement that they cited the growing inventory of part seven three sevens but that like anything else is just one probably one element of the bigger picture on why they decided now to finally finally do this. We don't know the other reasons for sure but lots of analysts are speculating out loud. That they're cashflow. Reasons for for instance Money coming in from advanced payments is drying up As time goes on and we know that simply because there there have been almost no orders for this airplane since the ground and the cutback in production and that advanced cashflow does. Help the bottom line at Boeing. It it at least supports ability to carry out business operations. And if you suddenly don't have that cash flow but you want to continue doing business like normal even at a forty two production rate. You've got to do things like cutback spending and other parts of the company and you may also want to take out more debt and these are things that have been happening A. and Boeing and so internally you imagine that the CFO. Greg Smith kind of target and his mind all along has to win the easy Tools the levers to pull financially. We're going to run out and then they'd have to make a bigger decision about halting production altogether and it looks like for whatever ever reasons they've come to that position so Michael. What just overall what? What do we know about the financial impact? You mentioned cash though this obviously see a big big costs aspect to this. What's what's known what's not known what is known already is that Boeing has announced more than eight billion dollars? It's an charges on a on a annual basis and that a good chunk of that five the six billion is related to what it was basically calling customer compensation in regards to making up for the lack of delivery in the ground uh of the MACs with its airline customers but There's other money that's getting added to the production block. Units for the seven three seven. Remember remember that Boeing accounts for this program a little differently than Most production products are accounted for four. And so there's money piling up and at this point I have not seen analysts say that they expect anything less than that. More charges urges getting announced that'll be incorporated as part of the fourth quarter earnings. That are happening right now. That announced at the end of January. I think it's January. twenty-ninth is Boeing's next quarterly announcement. But that's almost guaranteed according to Wall Street to include even more charges so who knows how much more whether it's billion early in two billion five billion at that is all speculation but we know for sure it's already eight billion and it's going to cost the more. There are other ways to account for what the cost is the debt that Boeing D- Let me back up for a moment Boeing's taking out more debt has been for various reasons one of which is to support business operations during this Max but it was also taking out debt to try to close the emperor. Acquisition It is struggling to still do that. Caught up and a different crisis of sorts that's related to the tariffs happening between us and probably Europe back on the US to to the World Trade Organization. Rulings there so Boeing has been taken out more debt than I thought it would be at this point a year ago and while that debt is pretty cheap on a historical basis it's still incurs costs. The Boeing really wasn't expecting affecting to be pain at this point so they're all kinds of other charges that are not charges but there are costs that are probably going to get wrapped up in that full year statement that we hear about at the end of January
"cashflows" Discussed on FinTech Insider
"You know. But we're not overlaying the assumptions of the business simply by taking obsolete. Absolutely what that business needs to know. I'm presenting it in a prioritized action feet. Says these are the things that you need to focus on the things they need to focus on May then then be one of our friends here but they will never get the business until we've told them that they need it in the first place. I rest my case. Thank you very much team. Forecasting trusting team lending. You'll closing givens please. So we started market finance because we wanted to help people companies that wanted to raise money. Get the cash. They need to fill ambitions ambitions. And we all know. Imagine you're sitting and you've got your team your startup team and you're doing great product Amazon. Selling on Amazon making a lot of prophet. The Amazon is going to take you ninety days to pay you right. Someone comes in and says we can. It's okay we can pay people. That's okay wow Catholic forecasting we. I can see that we have a whole but there's only one thing that can fill the hole while you're waiting to be paid by Amazon and you want to do other stuff for that money. And that's working capital cash flow. That's what finance can do for Your Business. We want to solve that frustration. When you're looking at the plan and you don't know how to get the cash to to solve what you WANNA do with there to help you and I think that's the most important thing and what we can achieve as accountants of eighth grade you know we love businesses we love tack increasingly and we've taking advantage of all these lovely other teams that were F- against tonight for us as a business? What are we doing now? What's the answer next? You know the. So what's it's I found this guy or this isn't going to work quite as I four. What do about it so I go and speaks for traditional bank managed? Do I go into to somebody else or seen as you mean so well. Can you help me with this and.
"cashflows" Discussed on FinTech Insider
"Something accountants. A weird obsessive. What our clients by that means? We're talking to them. Educating them if they don't understand it they're going down the toilet because they will spend all their money that they don't have they need to understand the pattern and the growth of their company and how to flex spending ending the software tech outside gives accountants insight control. We can give advisory and make sure that you could make sure that people stick to spend incorrectly and they manage their money if they don't manage it. You're all out the pitcher all right. Thank you team spending all right. Tim Payments You got two minutes to wrap up. So obviously we've got four really important elements here part of the thing running small businesses. You face a huge amount of uncertainty. You need the planning piece and you need the other bits to help you through but none of it works if you don't have lifeblood coming in cash coming ability to manage it and control it. I mean anyone who owns owns a business news. And I've I've been through this myself having switched on guardless in my own business about four or five years ago that first time payments automatically drippin's my bank count next like phone calls no emails to chase none of that stuff that causes stress. I mean the the love and his team is real genuine. But you know you you threaten that breakdown of relationship as soon as you have to chase people having that certainty not controlling your hands Roslyn relying on something else or you know before cost where you're guessing and what's happening you've got real certainty that what's going to happen. That's when kind of life suddenly gets easier as a business owner to.
"cashflows" Discussed on FinTech Insider
"So starts wrap-up make it the best minutes. Give your life both come on so yeah about us as we said as as payment or let's let's say more general any kind of spend or even more in general any kind of process handling money and information about money. This is just the beginning regaining. What we're building is the next step is a few think what has been the greatest level of innovation? It's not the greatest red is level of innovation. What we've seen so far? That's not even started the movie. It's just you know the trailers before the movie starts what's going to happen is a blend blend between the bank and information about the bank. Something that has been separated at birth or regionally by the difference between a regulated Business Bega Bank and the formation technology business information about this thing and and between these two words. There is a huge gap field with manual labor. In the coffee's No had pedal so that's that's the future what we're building something tonight. It's your time building and that's and that's me building a platform for everybody and we're trying to be infrastructure. Somebody just infrastructure. Yes we will. We want to be the infrastructure and in any stuck you build things from going give twenty seconds twenty seconds spend management is something that has accountant we can educate our clients on.
"cashflows" Discussed on FinTech Insider
"Changes customer behavior changes consumer behaviour behavior because actually forecasting dursey word. Does you know it's something that people do for funding events today. It's not being used as a sign of and that's the behavior that I think that the innovation you'll see our sector is going to start changing. It will be a completely different. Behavioral driver will prioritize the most important things that they need to action that will impact the future of their business everyday like bang on two minutes. That was impressive. You practically staff lending so we would argue that lending is one of the hardest things to innovate right because with lending you have to not only take data have a great customer experience variance. You have to make sure that money that goes out comes back with interest and This is a very very tough thing to do. I'm why it's one of the loss preserves of the banks the Thanksgiving controlling it for so long because they had the data can locked up. Now we're able to ingest it through integrations and be able to make these decisions faster and better so I would would argue that. Actually the biggest innovation is around the stuff. That's the hardest and you know without getting too personal. Payments is plumbing is just you know infrastructure. Their cash flow is nice. Tell people they need festival cost. Forecasting is nice to like spacey's taking debt inputting into charts. which is we know that? That's funny yeah hardest thing so it will do is you. Go and say I need money. I need one hundred bounds business and the innovation around that is the toughest and what's happening now. Everything's accountants and I very much cozma myself running a business as well. I think it's super exciting. We've got this new way to help. Businesses we've been helping them with spending and buying and forecasting for centuries all. That's what we've been for a now as a business where.
"cashflows" Discussed on The Money Advantage Podcast
"Have simple passive cashflow absolutely so today. We do have a very special guest for you. This is lane cow okla lane welcome to the show having excellent well. Let's jump right into your story kind of how you got started so tell us a little but about who you were before simple passive cash flow is the i graduated college back in two thousand seven up to that point much like any other person walking linear path that i call it which is need to go to school studied hard getting a good job isn't it works for forty or fifty years and <hes> hopefully will retire at that point <hes> but after graduating college i that was injured near and i need to save my money to buy up primary residence again. That's what everybody's to do and because i was traveling all the time for work as a construction supervisor. I was never home so above a year up in that. I realized maybe i should try rented out. Get a little side cash on the side and then i realized what it had done that i had created a little <unk> cash flow there on the property was fifty dyson and it rented for twenty two hundred and the mortgage was sixteen hundred so for my early twenties i was a lot of your your money at the time every single month yeah absolutely so is not your first taste of of passive income then exactly and then at the time. I maybe didn't like my job as engineer a lot of travel. Nobody really likes their first job right in the worst positions and i just realized that was like to get out of that lifestyle yes so then how did you get started from that. Single family tastes of passive income from that home. What was your next step in real estate investing yes so then i realized that i need to just keep saving money and buying more assets assets. Marty's properties of that property was a class rectal in seattle too big nose there. You don't buy a class rentals if he don't plan primary mary market that point i started firing all the podcasts sewer and starting to make podcasts so that people would learn the stuff and a bunch of books and <hes> you know could a dodge all those education programs out there there ten twenty thirty grand into learn on my own oh and i that's what i kind of did the next five six years to get myself up to eleven rentals so you mentioned then. Oh and bruce brought this up a little bit before the show as well. So how did you figure out which programs were valuable. Yes so you had mentioned. I bought an eight class. Frontal toll in seattle a is sort of luxury then these are for no more or occupied properties. You don't have the rent evaluation evaluation. She'll is necessary to for the cash flow and maybe all the final evaluation us investors use it a lot wonderful. Please please. Do you see take your monthly rent any divided by the purchase price of the property the for example a hundred thousand dollar monthly rents france divided by a hundred thousand dollar property which <unk> typically target a lot as starter rentals on that is one percent so you're looking the magic number of one percent higher to a cash flow so a lot of places in primary markets like seattle san francisco will a wii new york boston. It's just not gonna work. You're not gonna find these rental properties that will rent for for that one percent or higher typically. You're gonna find more properties that four hundred thousand dollars that will run for two thousand dollars a month or such so hello. It's gonna work there so i'm very familiar with this lane because i do live in the mid west kansas city saint louis indianapolis <unk> memphis birmingham jackson mississippi. These are all places that have more of these one percent or higher rent ratios right so what what she looking to those we call those secondary markets kansas city memphis birmingham. Atlanta indianapolis in these days were sorta. Look into tertiary markets places like huntsville lake charles louisiana waco texas downfall. I'm just because the market's gets pretty hot. <unk> <unk> got get away from the crowds for sure to get those rental value ratios in another thought. What is you know. I try and stay to rentals for eight hundred nine hundred dollars or more. I'm sure you can find properties all day you that are fifty sixty thousand dollars for seven hundred but you start to get into the more skin e-class frontal types of a trend stay below all the a-class above the d._n._c. Class of service spot there in terms of ten at all. That's excellent allen. I know we've talked about that on some previous shows as well so the b and c class being you're. You're out of the <hes> the worst neighborhoods being the d class which you're probably gonna end ended up having to turn over into much crime the class being the luxury that you're talking about right right. You gotta kinda. Find your sweet spot in there at hitch erupt congratulations yeah so how does that path look for you in terms of learning that. I know that you ended up. I think you had a after your first aid class apartment. You said you had a duplex three years later and then you moved into the second the secondary markets really at that point. What was the how did you figure out that you needed to move out of the luxury class investing so my my second properly duplex in seattle was a follow a minus property. He was twenty five or two hundred fifty thousand dollars in a rented for two thousand dollars a month. You not up to that one percents tonigh.t. Show a little bit better but not bear on about that time goes two thousand twelve so people remember that was when prices stirred it to come back up and i was looking for more properties the by the third property and i wasn't finding anything and i thought my life does investor was over. I found this turnkey rental option that these guys though these are fixing slippers out in the midwest or the secondary fishing markets will fix properties out replace all the big components like the bruce the water tears flooring electrical get ready for tim. Some will even for the tenant in there for you to make a truly turkey and at the time they were selling these things for like ninety thousand dollars a run for a thousand dollars a month so i never visited any of these things. I just bought one. It worked so i did attend today one exchange in syllables to properties for for nine properties as soon as a mood. I had ten eleven properties of cross. Four blue collar states in two thousand sixteen awesome. That's excellent so then <hes> so as you kind of started this ball rolling. I mean you started gaining traction. You're building this real estate state. <hes> portfolio not just one asset. You're not only getting a taste of passive income here but now you're starting to really feel the income coming in you kind of you mentioned that you hit this <hes> this cap in terms of how much you could get with typical financing and what did that look like then trying to figure out how to get more properties yes so i i was using standard <unk> loans which is considered a conventional financing is a government subsidized loans another reason why. I don't know why everybody doesn't do this. Government the united states government subsidizes these these rental purchases. You're the loan the lending pretty heavily but the the cap keep wet tina person sorta couples <unk> at ten in her name intended in your spouse's name and then get twenty that way and the writing on the wall was like with ten <unk> properties which is pretty good sample size as engineer. They my own little self study here on properties. I had addiction or two eight years after a big catastrophe that happened every few months and for what few few hundred dollars of cash or property the or three or four thousand dollars a year castle not bad but definitely nothing that i was going to live a lavish lifestyle in in hawaii and flight. Oh believes whenever i wanna works for one so i knew it from there and that was when i started to invest in apartments governments invest in other asif haas's <unk> syndications. Possibly that's excellent. So what did that look like for you. Can you define kind of what's indication is is what is private placement in. How did you make that jump from single family over into syndication private place. Indication is a group purchase where a lot of investors will go by larger property so while you last one that i did it was like a three hundred hundred unit in texas in el paso texas guinness apollo tertiary market but it was a great deal. I think we got it for about forty forty thousand a unit and already rented for like one point five ratio was already for like six hundred a unit. We you could put a little bit of rehab into it may be about a few thousand dollars into each unit and then bumped the rents up <hes> by hundred two hundred dollars per a unit so those deals don't come along very often and there's off their outer reach of <unk> investors. We typically don't buy anything more than a couple a couple of million dollars so what a syndication will do selenium investor will the fines deal they find all the financing for it the loans and bear name they pretty much all the hardware watching do all the work and fifty in that case fifty or seventy investors will come in each investing at least fifty thousand dollars will come into the deal as passive investors or l._p.'s live-in partners and <hes> though split the returns since the best of both worlds on people will call it similar to like an airplane in the airplane. You'll have the cockpit with all the general partners partners. You may have one general partner. You may have five six or seven of them being different roles but in coach you have all the partners so they just i wouldn't their minimum investment and they sit down in lakewood sleep in cash your checks so that's all righty private placements. That'd be one private placement. It's kind of like it's the country club country club deals so accredited high net worth individuals individuals will typically have dozens and dozens of these deals of their belt not investing anywhere any more than five percent of their net worth into anyone. We also be very diversified. That's excellent so it sounds like you found a way then to not only build a community of people who are working together <hes> but what role did did you play within that. Were you investing other people's deals or were you the lead on the deals or initiatives like for you. I went and try to study the elite. I wanted to be the offer because i went to college right is followed the all the breadcrumbs i got about a couple of years into it and analyze a couple hundred hundred deals at didn't make any sense and i realized that i didn't live near the deals. At the time i lived in seattle <unk> in hawaii into do do these deals and operate them. You need to be much live right in the same city or go to the property often and second of all the iran <hes> single family homes teno aluminum myself. I didn't liked doing that that was sort of the end of the road from me in terms of being operator they'll kerala still investor bone. You know being more on the hands on. I mean ended. I start to do this in the first place. Yeah wants to put my job but it was more to create a lifestyle that much yeah that that simple passive income or the name of your podcast even <hes> is really what you were looking. It sounds like so let's pivot a little bit here but what about for the person who is being a working professional right now their business owner they either own their own business or meeting. They're even working for someone else and they wanna get into that position of saying. How do i get assets that are working for me. Or how do i take this pool of capital. Maybe i built up one hundred two hundred three hundred thousand dollars and i want to put this into investment. Somehow and i want that to create cash offer me. How would you recommend that they get started. It sounds like oh you had that path from single family over to this indication side. What would you recommend for. Somebody getting started with passive income yeah so i talked to like over over a thousand people. The same question in yushi comes down to where is your net worth partly how much money are able to save every year. I've got a pretty much broken down to if your network it's over a million dollars. I think it's no question you should is probably go straight into private. Placements indications seeming to be finding those country code deals out there that are hard to access known in their network isn't those groups <hes> but for the rest of us and where i started just wasn't that but i didn't have much money graduate in college. I believe that the best way to get started as a single family home yourself and with one of these years c class rentals <music> and possibly had <unk> where all the big conformed service working in you hop into the seat. I agree i agree korea and i think <hes> just to make sure anybody that's new to our podcast is jumping on turnkey. Investing is basically where you are going to directly likely to an investor that purchases at home usually in a in a in a in a community that is has he's good rent ratios. It's like lane was talking about they. Fix them up. They they a lot of times. We'll replace the roofs the the h._v._a._c..
"cashflows" Discussed on CNBC's Fast Money
"So you put those two things together, and you say to yourself, all my goodness steel is not doing well here, these companies are actually not doing well, the people that use steel for inputs are not doing well, we're not adding jobs. We're going to get into an election season and things could get really, really Harry here, because if no one's winning this trade war. Then we got a problem. And I'll just go back to if you're looking at it through the lens of the stock market. You're looking at the winner of this trade war altogether. Wrong, you know, investors at home. Are in your position. Karen where they're always long. They will always belong in their portfolios Brian, what do you do in this market environment? Well, I do normally where to like to do when things trade down into jurors I'd like to buy and buy when there's blood on the streets, even if it's your own. I'm actually not really buying anything right now because I think it could get materially worse. I think wouldn't shock me at all to see some positive trade rhetoric in a tweet somewhere that wouldn't surprise me. But I think each time we're going to have less and less bang for that tweet because companies are really are not disarray. That's the wrong word, but they're confused, and that makes them sort of tentative and tentative is a good thing for the economy. So I don't really do a lot. I don't panic and sell things, but I I'm going to wait and sit on cash. I think we will see a bigger downdraft to employ that cash quickpoint. I think this is really interesting to note this week, we had to really high growth, high valuation names. The text base we had workday. And we talked about it the other night, they reported in the stock sold off about five percent. I think it was kind of bounced a little bit over the last airshow show. But this is a company on a gap basis that loses a lot of money like a lot of these new issues that have come to market and have done very, very poorly. If you think about some of them, and I think it's interesting to see that if that were to top out with Paolo Alto networks. If there's also a darling, it's down an awful lot in a very short period of time when you start losing some of these darlings that people were just kind of dismissing valuation and dismissing gap losses. That sort of thing, that's one of the things you really don't wanna see when you see the five hundred which looks like it made a massive double top, or head and shoulders, or whatever you want, so you don't wanna lose those high sentiment kind of names. And I think we might be starting to lose those right now. All right. So where can you find value in today's market, who better to ask them? The dean of valuation himself Oswaldo to modern, he joins us from San Diego. Professor, thanks so much for being with us again. Thank you for having me. So let's start right off with where you're finding value. And you say go to the stocks that have exposure to. China, which is the they're the areas people are fleeing. I think we have to make a choice do in value. Do you want to you kind of have both in this market because he wants safety? There is no safe place in this market. You can by high dividend yield stocks, you can buy cash cashflows dogs. They're not going to provide the protection on price. So if you want, you got to go, where it's darkest and it's DACA straight now for companies that are most exposed to China, the Boeing's, the caterpillars in videos, the apples, and I agree with, with everybody on there, which is the market is pricing in an extended trade war, which means a Bindi. Stocks are not buying them for the Neo Tomio buying them for the long term, how much of a strong stomach you have. But that's what I look at. When people talk about this market, and they like to say, not just a value, but safety, when you say, high dividend stocks Jimmy the typical dividend payers, such as the consumer, Staples names partner. Are those stocks value in your view for no, the, the value, as long as you're okay?.
"cashflows" Discussed on KFI AM 640
"Cashflows payment management even cross border transactions meaning doing real estate transactions in different nations. All of it will be able to be done with the blockchain. One software executive says, the blockchain provides a virtually incorruptible record of every transaction that will be transformative to the way that things are currently done in real estate, one company designs builds and operates retail spaces for companies like Starbucks, they're using blockchain technology. They spend two percent of their budget. Just verifying information about each retail space think about Starbucks. Hundreds of Lisa's millions of square feet of space two percent of the budget is a massive burden blockchain. Let them do it. Much more easily and much less expensively. This is going to have a major impact on how you buy an invest in real estate. There's already one organization that is the first blockchain based real estate fund in New York. And of course, it pays dividends to investors in bitcoin. One expert says were only in the first inning. Of how blockchain is going to transform real estate. And it's not just real estate that technology is having a huge impact on look at what General Motors just announced last week. They said they're going to cut nearly fifteen thousand jobs in the US closing entire factories. That's going to save them four and a half billion dollars. Now, if you do the math on that fifteen thousand jobs four and a half billion that would argue that they've been paying each one of those workers three hundred thousand dollars. Well, that's obviously not true. These are union factory workers. They're not making three hundred grand. Where's all the money coming from just the closing of plants is where GM gets a big part of the savings, and what a GM say they're going to do with that four and a half billion that they're saving. They're not going to do a stock buyback. They're not going to send out a dividend to shareholders, you know, what they're gonna do. They're going to plow the money into research and development for self driving vehicles. Volkswagen says they're going to sell electric cars starting in twenty twenty for about twenty three thousand dollars. They say they're going to make two hundred thousand vehicles. This could mean the death of tesla. Wanted to ask me Tesla's had the electric car market almost auto itself. But over the next two three four years there will be nearly five hundred all electric vehicles on the road from virtually every major car manufacturer. We'll tesla become just a also ran in. What has been an exclusive space Mercedes-Benz is launching a self driving car in the second half of two thousand nineteen GM's doing the same thing. Technologies come into my.
"cashflows" Discussed on 850 WFTL
"Selling due diligence cashflows payment management even cross border transactions meaning doing real estate transactions in different nations, all of that will be able to be done with the blockchain. One software executive says, the blockchain provides a virtually incorruptible record of every transaction that will be transformative to the way that things are currently in real estate, one company designs builds and operates retail spaces for companies like Starbucks, they're using blockchain technology. They spend two percent of their budget. Just verifying information about each retail space. Now think about Starbucks. Hundreds of Lisa's millions of square feet of space. Two percent of the budget is a massive burden blockchain lets them. Do it much more easily and much less expensively? This is going to have a major impact on how you buy an invest in real estate. There's already one organization that is the first blockchain based real estate fund in New York. And of course, it pays dividends to investors in bitcoin. One expert says were only in the first inning of how Blockchain's going to transform real estate. And it's not just real estate that technology is having a huge impact on look at what General Motors just announced last week. They said they're going to cut nearly fifteen thousand jobs in the US closing entire factories. That's going to save them four and a half billion dollars. Now, if you do the math on that fifteen thousand jobs four and a half billion that would argue that they've been paying each. One of those workers three hundred thousand dollars. Well, that's obviously not true. These are union factory workers. They're not making three hundred grand. Where's all the money coming from just the closing of the plants is where GM gets a big part of the savings and GM say they're going to do with that four and a half billion that they're saving. They're not going to do a stock buyback. They're not going to send out a dividend to shareholders, you know, what they're going to do. They're going to plow the money into research and development for self driving vehicles. Volkswagen says they're going to sell electric cars starting in twenty twenty for about twenty three thousand dollars. They say they're going to make two hundred thousand vehicles. This could mean the death of tesla. You wanted to ask me Tesla's had the electric car market almost auto itself. But over the next two three four years there will be nearly five hundred all electric vehicles on the road from virtually every major car manufacturer. We'll Tusla become just a also ram in. What has been an exclusive space Mercedes-Benz is launching a self driving car in the second half of twenty nine thousand nine GM's doing the same thing. Technology's.
"cashflows" Discussed on News Radio 690 KTSM
"Selling due diligence cashflows payment management even cross border transactions meaning doing real estate transactions in different nations, all of that will be able to be done with the blockchain. One software executive says, the blockchain provides a virtually incorruptible record of every transaction that will be transformative. So the way that things are currently done in real estate, one company designs builds and operates retail spaces for companies like Starbucks, they're using blockchain technology. They spend two percent of their budget. Just verifying information about each retail space. Now think about starbuck. Six. Hundreds of Lisa's millions of square feet of space. Two percent of the budget is a massive burden blockchain lets them. Do it much more easily and much less expensively? This is going to have a major impact on how you buy an invest in real estate. There's already one organization that is the first block chain based real estate fund in New York. And of course, it pays dividends to investors in bitcoin. One expert says were only in the first inning of how blockchain is going to transform real estate. And it's not just real estate that technology is having a huge impact on look at what General Motors just announced last week. They said they're going to cut nearly fifteen thousand jobs in the US closing entire factories. That's going to save them four and a half billion dollars. Now, if you do the math on that fifteen thousand jobs four and a half billion that would argue that they've been paying each one of those. Workers three hundred thousand dollars. Well, that's obviously not true. These are union factory workers. They're not making three hundred grand. Where's all the money coming from just the closing of the plants is where GM gets a big part of the savings, and what a GM say they're going to do with that four and a half billion that they're saying they're not going to do a stock buyback? They're not going to send out a dividend to shareholders, you know, what they're going to do. They're going to plow the money into research and development for self driving vehicles. Volkswagen says they're going to sell electric cars starting in twenty twenty for about twenty three thousand dollars. They say they're going to make two hundred thousand vehicles. This could mean the death of tesla. Wanted to ask me Tesla's had the electric car market almost auto itself. But over the next two three four years, there'll be nearly five hundred all electric vehicles on the road from virtually every major car manufacturer. We'll tesla become just a also ran in. What has been an exclusive space Mercedes-Benz is launching a self driving car in the second half of two thousand nineteen GM's doing the same thing. Technology's come.
"cashflows" Discussed on KSFO-AM
"Selling due diligence cashflows payment management even cross border transactions meaning doing real estate transactions in different nations, all of that will be able to be done with the blockchain. One software executive says, the blockchain provides a virtually incorruptible record of every transaction that will be transformative. So the way that things are currently done in real estate, one company designs builds and operates retail spaces for companies like Starbucks, they're using blockchain technology. They spend two percent of their budget. Just verifying information about each retail space. Now think about Starbucks hundreds of leases millions of square feet of space two percent of the budget is a massive burden blockchain. Let them do it. Much more easily and much less expensively. This is going to have a major impact on how you buy an invest in real estate. There's already one organization that is the first blockchain based real estate fund in New York. And of course, it pays dividends to investors in bitcoin. One expert says were only in the first inning. Of how blockchain is going to transform real estate. And it's not just real estate that technology is having a huge impact on look at what General Motors just announced last week. They said they're going to cut nearly fifteen thousand jobs in the US closing entire factories. That's going to save them four and a half billion dollars. Now, if you do the math on that fifteen thousand jobs four and a half billion that would argue that they've been paying each one of those workers three hundred thousand dollars. Well, that's obviously not true. These are union factory workers. They're not making three hundred grand. Where's all the money coming from just the closing of the plants is where GM gets a big part of the savings, and what a GM say they're going to do with that four and a half billion that they're saving. They're not going to do a stock buyback. They're not going to send out a dividend to shareholders, you know, what they're gonna do. They're going to plow the money into research and development for self driving vehicles. Volkswagen says they're going to sell electric cars starting in twenty twenty for about twenty three thousand dollars. They say they're going to make two hundred thousand vehicles. This could mean the death of tesla. Wanted to ask me Tesla's had the electric car market almost auto itself. But over the next two three four years there will be nearly five hundred all electric vehicles on the road from virtually every major car manufacturer. We'll tesla become just a also ran in. What has been an exclusive space Mercedes-Benz is launching a self driving car in the second half twenty nineteen GM's doing the same thing. Technology's come.
"cashflows" Discussed on WCBM 680 AM
"Selling due diligence cashflows payment management even cross border transactions meaning doing real estate transactions in different nations, all of that will be able to be done with the blockchain. One software executive says, the blockchain provides a virtually incorruptible record of every transaction that will be transformative to the way that things are currently done real estate, one company designs builds and operates retail spaces for companies like Starbucks, they're using blockchain technology. They spend two percent of their budget. Just verifying information about each retail space. Now think about Starbucks hundreds of Lisa's millions of square feet of space two percent of the budget is a massive burden blockchain. Let them do it. Much more easily and much less expensively. This is going to have a major impact on how you buy an invest in real estate. There's already one organization that is the first block chain based real estate fund in New York. And of course, it pays dividends to investors in bitcoin. One expert says were only in the first inning. Of how blockchain is going to transform real estate. And it's not just real estate that technology is having a huge impact on look at what General Motors just announced last week. They said they're going to cut nearly fifteen thousand jobs in the US closing entire factories. That's going to save them four and a half billion dollars. Now, if you do the math on that fifteen thousand jobs four and a half billion that would argue that they've been paying each one of those workers three hundred thousand dollars. Well, that's obviously not true. These are union factory workers. They're not making three hundred grand. Where's all the money coming from just the closing of the plants is where GM gets a big part of the savings, and what a GM say they're going to do with that four and a half billion that they're saving. They're not going to do a stock buyback. They're not going to send out a dividend to shareholders, you know, what they're going to do. They're going to plow the money into research and development for self driving vehicles. Volkswagen says they're going to sell electric cars starting in two thousand twenty for about twenty three thousand dollars. They say they're going to make two hundred thousand vehicles. This could mean the death of tesla. Wanted to ask me Tesla's had the electric car market almost auto itself. But over the next two three four years there will be nearly five hundred all electric vehicles on the road from virtually every major car manufacturer. We'll tesla become just a also ran in. What has been an exclusive space Mercedes-Benz is launching a self driving car in the second half of two thousand nineteen GM's doing the same thing. Technology's come.
"cashflows" Discussed on Capital Allocators
"Cashflows might be security's going to at least everything but bitcoin but they're not cashflow claims right so you can't value them by discounting expected cashflows their currencies i mean either actually trying to be some form of money or their currencies in inside of a protocols little closed economy so if you wanna do something on the protocol you've got to do it via this internal currency so what you can't discount cash flows you can look at the equation of exchange identity and that remember is in money supply times velocity is equal to gdp or you know quantity of transactions times the average price of transactions q p in the peak you it has to hold true i mean you can't have the money supply not equal the economic activity denominated in the currency divided by the frequency with which currency changes hands because it just physically can't happen you could have you know increasing velocity also drive up economic activity because reflexively but they still have to equate at some level so supply that and it's interesting that with at tells us about how valued these networks the more economic activity that is denominated in the currency the higher the network value and by extension the higher the value of the token of the the currency currency unit and secondly the higher the velocity the lower the value all those killers pair right so and the next question is well how people really going to interact with these protocols when the speculative dust settles so think i'm incapable of predicting shortterm price movements and just about anything especially in crypto assets and i don't try to it's easier to think about to imagine what it's like if all of this is successful illogically you know broadly but what how we can interact them what is the world gonna look like at some point in the future when we're no longer speculating on these things we're actually using them for real stuff and it seems to me that in protocol and remember they're all open source software projects every line of code can be copied freely or pretty much every line code protocols before creating competing versions of the same software the cost of moving from the crypto asset of one protocol to another one is.
"cashflows" Discussed on The Dave Ramsey Show
"And then you can fix it up and you know either flip it and make some money on it and move up in rental with those profits because then you'd have more cash to do it or even hold that one and let those cashflows uh you know help you bob by the next one that's what i did the second time around after i went broke doing it wrong with debt the first time and so i just saved up it took forever to get the first ones ravion and as soon as i got the first one no i got all that rent money with no payments all that helps you build up the money for the next one once you got two of them now you've got a lotta rent money with no payments and the third ones easier to buy and the fourth one is even easier because every time you do that you got all his money coming off his properties and you got no payments i mean these things cash flow like a bandit when you got no payments on them and so you can pile up money and buy your next one faster and faster and faster and faster and faster and then it gets out of control against wonderful and so you know at some point we moved on and we love houses we've got a lot rental properties that a residential home singlefamily homes but we started buying commercial properties than to and so we've got office buildings and stripped centers and other properties that um that we own that we've again saved up and paid cash for as we went but every time you pay cash for one the more expensive it is the more rennet throws off well in the fashir you buy the next thing and so it really turns into a ridiculous league goods scenario it takes longer it's it's takes longer in that you starch slower but overall it doesn't take as long as here's the other thing i've discovered i grew up in the real estate business and there's a lot of these guys out there talking about nothing down real estate and you can go to a seminar in pay three thousand dollars for the weekend on at about rosedale nothing down and i i know.
"cashflows" Discussed on Bloomberg Radio New York
"The fundamentalists are telling the story and the kwan's are crunching numbers is that a gross oversimplification or at work i think everybody crunchers numbers i wouldn't want to through the fundamentalist don't tell the story there are certainly trying to forecast cashflows and understand we know what are the drivers of earnings and revenues and then finally will late that back to us a stock price in what they think appropriate stock price would be a clients don't try to do any of those things necessarily they tried address forecast returns directly and see what can be those drivers of those returns and overall for the most part think about large baskets of returns or of stocks and how those characteristics and how those stocks behave based upon there return base characteristics can you square ema with quantitative analysis are they similar or really when i think of cuonzo i think of using powerful computers in order to try and beat the market or again oh you oversimplified so i think the image was probably one of the most misunderstood concepts in finance and gene farmers genius was that he really taught us how to think think in a very rigorous way about what it means to be an efficient market and what it means to beat the market before pharma came along there were people publishing studies all the time that said they had a strategy to beat the market i think that drove pham a little crazy because the work wasn't very well done and the phrase beat the market um was very loosely applied and with foam a really kind of taught us was that you have to think about risk and say on a risk adjusted basis can i beat the market and then academics have debated for years what is the appropriate measure of risk is it the capital lhasa pricing motto is it the former french three factor model is there something else that were missing this now car hearts factor on momentum that is put in there but academics have been debated are those factors anomalies or they proxies for risked and you know we spent fifty years more plus an academic circles debating what it means.