36 Burst results for "One Hundred Thousand Dollars"
Monitor Show 23:00 09-28-2023 23:00
"Investment advisors, switch to interactive brokers for lowest cost global trading and turnkey custody solutions. No ticket charges and no conflicts of your interests at ibkr .com slash ria. Franchises, but owners of sports franchises seem to be doing pretty darn well even when the antitrust laws apply. Thanks so much, Harry. That's Professor Harry First of NYU Law School. I'm June Gross and you're listening to Bloomberg. Broadcasting 24 hours a day at Bloomberg dot com and the Bloomberg Business Act. This is Bloomberg Radio. The GOP hopefuls for president are weighing in on a possible government shutdown in a debate on the Fox News channel. Former New Jersey Governor Chris Christie went after President Biden and former President Trump. Joe Biden hides in his basement and won't answer as to why he's raising the debt the way he's done. And Donald Trump hides behind the walls of his golf clubs and won't show up here to answer questions like all the rest of us are up here to answer. Meantime, Florida Governor Ron DeSantis said Democrats are shutting down the American dream with their reckless behavior. He then asked, where is Joe Biden in the shutdown debate? We're four days away from a possible shutdown. The Senate is working to pass a bill funding the government through November 17th. But House Speaker Kevin McCarthy said today he doesn't see support in his party for it. McCarthy is trying to work with the most conservative Republicans who demand more spending cuts. Roughly 60 percent of U .S. consumers across all income levels are living paycheck to paycheck. That's according to new reports from Pymants and Lending Club who found that those living paycheck to paycheck include 45 percent of high income consumers who make more than one hundred thousand dollars a year. The U .S. soldier who crossed into North Carolina.
Fresh update on "one hundred thousand dollars" discussed on News, Traffic and Weather
"Radio the domestic violence suspect that crashed into a pole and knocked out power for hundreds of linwood residents did not show up in court tuesday como force molly shen reports that suspect was trying to get away from and police crashed into a power pole in front of the linwood fire station 15 police say he ran away but was later arrested in everett the judge ruled that suspect unfit for court his bill is set at one hundred thousand dollars como force molly shen washington state university hopes the governing body of college athletics will become an ally as the cougars take legal action against the fractured pac -12 conference we get an update now from northwest news radio's corwin hake wsu is seeking compassion and understanding from the ncaa according to a letter from cougars athletic director pat chun to the c a division one council the letter published by the spokane spokesman review tells the council the pending departure of ten pac -12 teams to other conferences leaves washington state to quote create a twerk solution to ensure our student athletes maintain access to ncaa championships what what might that solution be chun's letter does not say but legal action is already underway wsu and the other holdout oregon state university are suing the pac -12 to prevent the parting ten schools for making decisions about the two remaining schools futures it is worth noting both programs are now fielding successful football teams with the foreign oak hugers ranked thirteenth and the foreign beavers one ranked fifteenth in the current a people as sports blogger drake seat all puts it i love the fact that the two teams are left suing the pac twelve are both good at football this year that is something that i can celebrate chunks plea to the ncaa requires some reading between the lines he asks directly for emotional support only but seems to imply something further saying quote as this process unfolds we ask for compassion understanding and flexibility in navigating the ncaa governance structure
A highlight from ANTI BITCOIN BOB MENENDEZ CHARGED! SEC GARY GENSLER DOESN'T LIKE THE LAW (CRYPTO NEWS)
"Welcome back to the Thinking Crypto Podcast, your home for cryptocurrency news and interviews. If you are new here, please hit that subscribe button as well as the thumbs up button and leave a comment below. If you're listening on a podcast platform such as Spotify, Apple or Google, please leave a five star rating and review. It supports the podcast and it doesn't cost you anything. Well, folks, we got very interesting news, which I'm sure many of you may have heard in the mainstream media, and that is Senator Bob Menendez has been charged with bribery and a whole bunch of other crimes. And you may say, well, Tony, why are you talking about this? Right. Well, folks, Senator Bob Menendez, who is a Democrat, he introduced a bill back in 2022, which would help to stop Bitcoin adoption in El Salvador. And he was citing that the adoption would open the door for money laundering and corruption. Wow. Talk about hypocrisy, folks, right? This guy all along for a very long time, his track record, he's been accused of doing a lot of shady stuff and now he's being charged here. The folks at Bitcoin Archive said the senator who said Bitcoin can open the doors of corruption in El Salvador was just indicted for corruption by federal prosecutors who seized one hundred thousand dollars in gold bars and four hundred and eighty thousand dollars in hidden cash from his home. So politicians those who are often very loud and screaming against crypto are the ones who have a lot to lose and a lot to hide, who are probably doing shady stuff. For example, Elizabeth Warren, Brad Sherman, Gary Gensler, right? I'm sure they've got some really nasty stuff in their closet. And some folks have shown that Elizabeth Warren has a net worth of seventy three million dollars. And of course, her salary is just like two hundred and eighty thousand a year. That's a great amount of wealth she's accumulated from just a senator's salary, right, folks? But we know the game, right? This is why we got to keep fighting and we got to expose these corrupt bureaucrats and politicians like Elizabeth Warren and Brad Sherman. We know they are puppets on the string doing a lot of the bidding of the tradfi incumbents and people who would love to kill crypto and not just even kill crypto, but just stop or kill the startups and allow their banking buddies and Wall Street buddies to come in and take over. So I'm glad these folks are getting exposed. And President Nayib Bukele, who, of course, he's the president of El Salvador, he tweeted about this news. He said, this is the guy that called for an investigation against us. He ended up being charged, period. So I'm glad he's doing a victory lap there. Now we got some interesting news about a library in the SEC. So we had reported just about a week and a half ago or two weeks ago that library was going to file an appeal. And this is based on the Ripple lawsuit outcome. Right. It makes sense. We have new case law with XRP, so it makes sense for them to appeal. And the First Circuit Court of Appeals in Boston has directed library to file its brief by November 1st, 2023. Now of course, this is no guarantee they're going to win. But the point is, we want to put the pressure on the SEC and Gary Gensler. We want to expose them for their lies, hypocrisy and much more. So I'm glad library is doing this. Attorney Jeremy Hogan highlighted a video here with Gary Gensler being interviewed. And it just shows his hypocrisy that he doesn't care about the law. He just cares about his own power and his next job. And it's no wonder Judge Sarah Netburn said the SEC has no faithful allegiance to the law. So he says the crypto space is full of hucksters and noncompliance. Well, the reporter asked them, would anything a court says change your mind? Great question. Gensler said, well, no, not really. And of course, he looked very shaky. He's losing confidence. And Attorney Jeremy Hogan said, you can't make this stuff up. So clearly, this man has no respect for the law. He's just making things up as he goes. It's about his show, his power, his ego. And we can't have that, folks. This guy's supported by our tax dollar. He should be kicked to the streets. And I'm telling you, I hope that Coinbase mops the floor with his buffoon and the SEC so that he has so much pressure on him. He's forced to resign. I'm hoping that happens. Now, Stuart Aldarati highlighted that same video. And here's what he had to say. What's most concerning to me and should be to you in the full video clip, this is the shocking admission of an unelected bureaucrat that he won't respect the decisions of the courts. So I'm thankful for the judicial branch and the balances we have in the government that a corrupt scumbag regulator like Gary Gensler, as much as he can go around saying all kinds of nonsense and nasty stuff, he has to respect the courts in a sense of what they put out there. Right. The SEC has to abide by that. Now, he may not personally agree, and he can, you know, like in this interview, say, oh, no, I don't agree with anything. But at the end of the day, if he takes a loss, he takes a loss. Right. So we got to keep fighting. I'm hoping the industry keeps fighting back as well. Now, quick word from our sponsor, and that is Uphold, which is a great crypto exchange that I've been using since twenty eighteen. I've interviewed their CEO and many representatives so I can vouch for this platform. They have ten plus million users, two hundred and fifty plus crypto currencies, and they're available in one hundred and fifty countries. You can also trade precious metals and thirty seven fiat currencies so you can switch between these different currencies and crypto and precious metals at a click of a button. So it's a unique platform and they've been around for a long time. Once again, I can vouch for this platform. So if you'd like to learn more, please visit the link in the description. All right. Let's move ahead. Caitlin Long was at Mainnet and she was tweeting out some of the statements coming out of Mainnet. I was at Mainnet yesterday and I met her. I tweeted out a photo of us together. I was supposed to go on Wednesday as well, but I wasn't feeling too hot. So stayed home that day. But, you know, there was a lot of folks there. And Brian Armstrong, CEO, was there. He said the Biden administration has been terrible for crypto. Well, that's to say the least, right? That's an understatement. They've been horrendous, in my opinion. Caitlin also highlighted that 61 percent of pro -crypto voters actually this is she's highlighting what Chris Lee Hain had to say, that 61 percent of pro -crypto voters in 2020 voted for Biden. Democrats are at risk of losing them in 2024 due to anti -crypto policy. Absolutely right. And these Democrats are shooting themselves in the foot. Patrick Hanson of Circle highlighted the following, that the euro stablecoin, obviously Circle issues USDC, but they also have the euro stablecoin and it's now EURC instead of EUROC. So just an update there. So the euro coin is now EURC. So just heads up on that, folks. And I want to highlight something I tweeted out today, and I think it's important. And, you know, all emotions aside, all feelings aside, I was highlighting that I'm very bullish on Ethereum for the 2024 -2025 bull market. Now this is, once again, all emotions and feelings about Bill Hinman and Joe Lubin aside, I still want those guys to be held accountable. But as for the token and the code, it's getting adoption. And I highlight that PayPal is building their stablecoin in Ethereum, right, PYUSD, Citibank's token is built on Ethereum. JP Morgan is working on a deposit token, which is built on Onyx, which is a permissioned version of the Ethereum blockchain. Coinbase is obviously launching base, which is their layer two for Ethereum, or they have launched it, I should say. And there's a rise in institutional ETH staking. So I'm very bullish on ETH and this type of news, these facts now, not my feelings, not my opinions, but these facts of adoption from very big companies and brands has me very bullish on Ethereum. I obviously hold ETH in my portfolio. I stake it and I continue to buy the dip, not financial advice. You should do your own research. And obviously I'm not just bullish on ETH alone, but just there's been a lot of adoption. And I want to highlight that because it's about facts, not feelings now. And I'm bullish on Bitcoin, XRP, Chainlink and many other tokens. Let's talk about Core Scientific, which is a Bitcoin mining company. So Core Scientific sealed $77 million Bitmain deal for 27 ,000 Bitcoin mining rigs. The deal was first finalized in August with Anchorage as another party agreeing to an equity stake in the bankrupt crypto miner. So one of the key things is that BlackRock also gave them a bit of money. Guys, this was back in 2022. So it's kind of like to the Victor goes to spoils where Bitmain was in trouble and then a whole bunch of folks started coming in to grab up as much as they can. So the deal between the two mining companies will see Bitmain supply 27 ,000 Bitcoin mining rigs for $23 million in cash, along with $53 .9 million worth of common stock of the bankrupt firm. Apart from the mining hardware purchase deal, Bitmain and Core Scientific have signed a new hosting agreement to assist Bitmain's mining operations. The deal was finalized in August when a court filing highlighted Bitmain's plan to sell mining hardware in exchange for cash and equity. As part of Core Scientific's restructuring plan, apart from Bitmain, the restructuring plan also included Anchorage. And you guys may have seen my interview recently with the president of Anchorage and the co -founder of Anchorage, Diego Monica. If you haven't seen that, be sure to check it out. It says here, restructuring plan also included Anchorage, BlockFi and mass mutual asset finance. Apart from Anchorage, all other three firms chose a mix of cash and equity options to settle their claims. The expansion investment plan by Bitmain will come into force by the fourth quarter of 2023, pending approval from a judge. Once approved, the hardware will potentially add 4 .1 exahashes to Core Scientific's hash rate. The two crypto mining companies all have also agreed to work together to upgrade Bitmain's last generation miners hosted at Core Scientific's data centers to further increase the firm's productivity. So, folks, Core Scientific, I will be potentially interviewing the new CEO and I'll let you guys know when that's coming up. But I want to definitely get into the details here and what BlackRock is doing with them in addition to Bitmain. So I'll definitely be asking those questions once I get the interview locked in. But, you know, a lot of companies are preparing for the Bitcoin mining next year. And many of you may have seen my interview uploaded earlier today with Fred Thiel, who's the CEO of Marathon Digital Holdings, and Marathon is working with a sovereign wealth fund. So, folks, there's going to be a lot of capital coming to the market. You're going to see a rise in demand for Bitcoin as the spot ETFs get approved, especially around, you know, BlackRock spot ETF and Fidelity and so forth. So I'm very bullish, you know, like I've been saying, we are in quantitative tightening, fighting inflation, rates are high, but this will end right as it has historically boom and bust cycles. The Fed will eventually start its QE again. They're going to start printing money, global liquidity will go back up and we'll be back in a bull market. We just have to be patient, dollar cost average where possible. And, you know, don't look at the price every day because you'll drive yourself crazy. And, you know, it's very volatile. Sometimes it's moving sideways. It's very boring. And I know that's tough. But just, you know, take your positions, obviously do your research, take your positions and just be patient and then, you know, watch what these players are doing. Right. Not so much the price, but watch what the players like this are doing, who's investing, who's building, who's raising capital and much more. So that's what I'm looking at. And that's why I build this podcast to share the news, because, you know, this is not going to make mainstream news. This is not going to be on CNBC, Fox or CNN or whatever it is. Right. And a lot of people are not paying attention. But I'm glad I'm here early. If you are here early, pat yourself on the back because there's going to be billions of people coming in buying Bitcoin and other crypto at a premium and they're going to go to BlackRock and whoever else. Right. But you and I are on the side of smart money. We are on the side of BlackRock. We are on the side of Fidelity. Right. Accumulating the lows. And then when the bull markets come back, then, you know, the herds, the herd who watch Jim Cramer and listen to Jim Cramer will go by. And that's when I'll be taking profits. And I'm sure many of you as well. So once you understand the market cycles, both for stocks, even real estate and obviously crypto, you know, you can make money, folks. And that's what I had to learn. I had to unlearn the mainstream media finance and listening to Jim Cramer and all these things. Right. And study the charts and understand the market cycles and know when to buy and when to sell, because all those things, you have to be a contrarian. Right. You've got to go against your emotions. You've got to go against the herd mentality. And that's hard if, you know, all your life you've been trained to go with the herd. Right. From television and media and all these things, you have to unlearn that. And once you get it, boy, it's pretty sweet. Right. To be able to make a nice return, make nice money. And obviously you've got to diversify. I diversify into different tokens, into stocks. I've often tweeted and sometimes shared, you know, my positions. Recently, I told you guys I bought PayPal because Jim Cramer said to sell PayPal. So I bought PayPal. Right. I know it's not going to be some quick flip. It may I see I may see some nice returns by next year and that's OK. I a am patient investor looking to build wealth for me and my family. So anyway, guys, that's my approach. Let me know what you think. I would love to hear what you guys think about this news. Leave your thoughts and comments below. Hit the thumbs up button. Hit the five star rating on the podcast platforms. Don't forget to check out the merchandise store. Link will be in the description. Thank you for your support. Thank you for listening. And I'll talk to you all later. Thank you.
A highlight from 1384: I Bet Bitcoin Exceeds $100K By This Date - Adam Back
"Welcome, everybody, to another episode of Crypto News Alerts. In today's show, we'll be discussing the altcoins having dumped the most weekly while Bitcoin stalls at twenty six thousand dollars, as well as Arthur Hayes says that Larry Fink and BlackRock are coming for Bitcoin and the crypto industry. I'll be explaining how. We'll also be discussing BlackRock secretly buying Bitcoin and nobody knows about it. In fact, BlackRock is a major shareholder and for the five most major Bitcoin mining companies, we'll also be discussing that the SEC needs to take the win and approve this BlackRock Bitcoin ETF as the world's largest asset manager looks to offer a spot Bitcoin ETF in the US. Regulators have little choice, but to approve it, we'll also be discussing Europe's first spot Bitcoin ETF now listed on the Euronexts Amsterdam Exchange. That's right. And less than a week after the SEC delayed its decision on a spot Bitcoin ETF approval in the United States. We'll also be discussing why Bitcoin will likely hit one hundred thousand within the next six months before the Bitcoin halving, as well as Bitcoin O .G. Adam back. That's surprising. Some of Bitcoin smashing one hundred thousand dollars as well before the halving. Now less than six months away, quoting Adam back here. The bet is on. I bet Bitcoin reaches or exceeds one hundred thousand dollars between now and the halving. March thirty first twenty twenty four. I'll be breaking this down for you. We'll also be taking a look at the overall crypto market. All this plus so much more in today's show.
A highlight from 1373: BlackRock Bitcoin ETF Will Send Bitcoin to $180K by THIS Date
"In today's show, I'll be breaking down the latest technical analysis, as well as Bitcoin speculators are now saying that at least 69 ,000 all time high in play. But right now is the least amount owned by hodlers. We have to keep this in mind. We're also going to be discussing Max Kaiser's Congress speech about disarming the banksters along with their financial weapons of mass destruction, as well as Bitcoin friendly El Salvador sees bonds return soar to 70 percent thus far this year. In twenty twenty three, we're also going to be discussing a crypto analyst who forecast the big Bitcoin price move to forty thousand. I'll be breaking down his timeline, as well as rich dad Robert Kiyosaki doubles down on his hundred thousand dollar Bitcoin price call and says he shares a common enemy with BTC, quoting him right here, Bitcoin to one hundred thousand dollars, saying for years gold and silver is God's money. Bitcoin is the people's money. Bad news. If the stock and bond markets crash, gold and silver will skyrocket. The worst news is if the economy crashes Bitcoin to a million dollars, gold to seventy five thousand and silver to sixty thousand savers of fake US are F debt is too high. Mom, pop and kids are in trouble. I hope I'm wrong. Please take care. We're also going to be discussing breaking news. Fundstrats Thomas Lee on live TV, quoting him here. If the spot Bitcoin ETF gets approved, the clearing price of Bitcoin is one hundred and fifty to one hundred eighty thousand dollars. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show. Yo, what's good, crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my rumble channel at Cryptonewsalerts .net. Again, that's Cryptonewsalerts .net and welcome y 'all just tuning in. This is Pod episode number thirteen hundred and seventy three. This is August 16th, twenty twenty three. I'm your host, JV. We do have lots to cover. So let's dive in with our market watch for the day. As you can see here in your screen, got Bitcoin price maintaining that critical twenty nine thousand dollars support while ether also correcting but maintaining and holding on to eighteen hundred dollars and checking out coin market cap dot com. The current crypto market cap sits at just one point one five trillion with thirty one billion in volume at the past twenty four hours. Bitcoin dominance back on the rise at forty nine point two percent, with the ether dominance at 19 percent even and checking out the top one hundred crypto gainers for the past twenty four hours. Bone Shiba swap up 13 percent trading at a dollar fifty four, followed by say up eleven percent trading at 19 cents, followed by rocket pool up three percent trading just under twenty seven dollars and checking out next. As you can see here on your screen, we have crypto bubbles. We can see the top gainers for the past week. Bone leading the pack, pun intended, up fifteen percent, but massive losses for the overall altcoin market and checking out the crypto greed and fear index, which you can see here. We're currently rated at fifty two, which is neutral. Yesterday, a fifty three last week, a fifty neutral and last month, a fifty four, which is neutral. And welcome to those just joining us in today's live stream. So much to cover. Next up, we're going to dive into our Bitcoin technical analysis. Check out some of the charts, as well as some interesting facts with some hodlers as well. Bitcoin speculators are leading a period of exhaustion and apathy across the market. In the latest edition of the weekly newsletter, the week on chain analytics firm Glassnode wrote about waning conviction about Bitcoin's short term hodlers. Now, where are my long term hodlers at? Make some noise. And after several months of stagnant Bitcoin price action, frustration amongst market participants has led to predictions of deeper downside to come. The bulls remain unable to break the resistance, while the sellers likewise face multiple support zones in the form of trend lines between the current twenty nine thousand and twenty five thousand dollar levels. And amongst these is the short term hodler cost basis, or better known as the realized price. Short term hodlers are defined by Glassnode as entities hodling coins for one hundred and fifty five days or less and correspond to the more speculative end of the Bitcoin spectrum. investor Now, the short term hodler cost basis has function as support throughout twenty twenty three, but is rapidly rising and currently sits at twenty eight thousand six hundred dollars. Now, by contrast, the long term hodler cost basis reflects the aggregate purchase price of the most stubborn hodlers and thus far lower at twenty thousand three hundred. Quitting Glassnode, the separation between these two cost basis is an indicator that many recent buyers have a relatively equated acquisition price and continuing, researchers describe the market as being potentially top heavy with even a modest Bitcoin price come down now apt to send the short term hodler cohort back into the red. Quoting Glassnode again, on the macro scale, the supply distribution does resemble similar periods during the bear market recoveries of the past. However, a shorter time frame, it could be argued to be slightly top heavy market with many price sensitive investors at risk of falling into unrealized losses. Now, despite this, it appears that speculators have already started to reconsider their market exposure. Let me know if you have or if you're continuing to stack stats as you should. Quoting them here, we note that the supply held by the long term hodlers continues to increase, hitting an all time high of fourteen point six million BTC. So in direct contrast, short term hodler supply declined to multiyear lows at two point five six million BTC the week on chain added. So overall, this suggests that conviction of Bitcoin investors does remain impressively high and few are willing to liquidate their holdings. Are you one of them? Let me know in the comments right down below. Now, the last time the short term hodlers had such little market presence was in October of twenty twenty one, just before the all time high of sixty nine thousand dollars. And it is very interesting as we see the short term hodlers continue to sell and the long term hodlers continue to stack stats as they should. I say the smart money are the whales and the long term hodlers. Would you agree? Let me know your honest opinion. Let me know your honest thoughts in the comments right down below. And now let's discuss our next story of the day. And that's Max Keiser's rant when he spoke in Congress back in January of two thousand and nine, talking about disarming the bankers and their financial weapons, a mass destruction, a very powerful speech given by Max. If you've got to hear this, let me know. I posted and transcribed it on what was formerly known as Twitter, now known as X this morning, quoting Max Keiser. This is an important day as we review the situation with respect to disarming bankers. After the first Great Depression, Congress passed the Glass -Steagall Act. The purpose of the resolution was to disarm bankers as well as brokers. Now, never again would they be allowed to destroy the global financial system. I'm here to warn you that they have, in fact, rearm themselves with a deadly toxic debt instrument known as a derivative. I asked for this session today to support the core assessment made by FAME investor Warren Buffett. He said derivatives are financial weapons of mass destruction and that have apparently been devised by madmen. These instruments pose a mega catastrophic risk. Ladies and gentlemen, don't wait for the mushroom cloud of bad debts to explode over our financial system. Let's disarm the bankers before it's too late. Very powerful words coming from Max Keiser. And again, this is circa January of two thousand and nine, right around the time of the Bitcoin Genesis block, which was released after the 2008 financial crisis. And lo and behold, you can consider him a prophet because everything he was talking about is exactly what's been going on. Financial terrorism as it continues as the central bankers of the world continue to print money until the wheels fall off. Massive shout out to Max Keiser and Stacey Herbert. As you know, I'm huge fans of them both via the Kaiser report as they were the first one to cover Bitcoin with international coverage back when it was trading between a dollar to ten dollars. This is going all the way back in 2011, so literally was at 14 or 13 years ago. So much respect to the high priest of Bitcoin. And with that being shared, fam, now let's discuss our next story of the day. Now that we covered Max versus the banksters and that is El Salvador and their success with their bonds, which have been released as returns soar to 70 percent thus far this year. Check it out. El Salvador, which adopted Bitcoin as the legal tender back in 2021, has seen its dollar bound outperform the majority of the emerging markets with a 70 percent return thus far this year. The massive rally of the bond has now drawn interest from several institutional giants, which include JPMorgan Chase. Take that tapeworm Jamie Dimon, as well as Eaton Vance and PGIM Fix, promoting President Najib Okele to say, I told you so. Now, apart from the institutional giants, the likes of Lord and EBIT and also Neuberger German or I'm sorry, Berman Group LLC and UBS Group AG have also added debt security since April, according to Bloomberg. And also, Paolo, the chief technology officer of Bitfinex, told Cointelegraph that the performance of El Salvador bonds is a clear signal that the investors are supportive of the financial policies of the El Salvadoran government and demonstrates the renewed interest in investing in the El Salvador story while adding the following as the first company to receive a digital asset license, we are seeing significant interest in digital asset issuance and renewable energy investments, which the country has in abundance and is being used for Bitcoin mining and to provide more energy for the country's electrical grid. Now, the growing demand of El Salvador's debt security in 2023 is a quite contrast to its performance a couple of years ago when it first adopted Bitcoin as the legal tender. That's right. They've come a long way. The Bitcoin adoption created uncertainty amongst investors who bet against the country's bonds with several financial agencies, casting a shadow of doubt on the country's financial future. In February of 2022, the American Credit Agency agency Fitch lowered the country's long term issuer default rating from a B minus to CCC, inciting policy uncertainty in the Bitcoin adoption, along with an eight hundred million dollar debt payment due for January of twenty twenty three. Now, keep in mind, El Salvador did pay that eight hundred million dollar debt in full within the due maturing time to start off the year, raising confidence in the country's bonds yet again. And the president, Bukele, at the time noted that they had proven every finance pundit wrong, who doubted whether they would be able to pay their debts in a time after Bitcoin adoption, quoting Bukele here. He actually shared this in January of twenty twenty three in the past year. Almost every legacy international news outlet said that because of our Bitcoin bet, El Salvador was going to default on its debt by January of twenty twenty three, since we had an eight hundred million dollar bond maturing today, literally hundreds of articles. Never forget that. Now, the rise in confidence of investors is visible from the bonds performance throughout the year. And during the same time, El Salvador also passed a landmark crypto bill paving the way for the infamous Bitcoin backed volcano bonds. Let's freaking go. Now, El Salvador and its president have been at the receiving end of criticism every single day since they first adopted Bitcoin in September of twenty twenty one as legal tender, along with the United States dollar financial pundits predicted that the Bitcoin adoption will further strain El Salvador's financial conditions. However, to the contrary, within two years, the debt security of the state has become a hot cake amongst institutional giants, the same that once advised against buying it. So I'll say it for Bukele. I told you so. So there you have it. Let's go El Salvador mass adoption. Bring it. In which country do you think will likely be next to adopt Bitcoin as a legal tender and follow in the footsteps of Bukele and El Salvador? Let me know your honest thoughts in the comments right down below. Now, let's discuss a forty thousand dollar Bitcoin price prediction, as well as a timeline, which I'm going to be sharing with you right here. If you think Bitcoin is likely to hit this forty thousand target, let me know. Now, while he followed analyst Pizzino is bullish on Bitcoin as the flagship crypto asset trades in a narrow range for the past few days or we could say for the past few weeks in a new video, he tells his three hundred thousand YouTube subs the Bitcoin can climb by over 40 percent from the current level between now and September of twenty twenty four. Considering September is only two weeks away, that would be pretty enticing winning it. The crypto analyst says that his upside target of forty two thousand is the range midpoint or the 50 percent level between the Bitcoin all time high of sixty nine thousand and Bitcoin's twenty twenty two low of around fifteen five. Quitting him here, it is possible that we see a test of forty two thousand happen within the period between now and September of twenty twenty four. So in basically twelve, thirteen months, a test of the 50 percent level of forty two thousand two hundred and then a retreat. Do you think we're likely to rise on up to that forty thousand mark? Let me know. And after appreciating to over forty thousand Bitcoin could thereafter correct either mildly or substantially, according to the analyst quoting him again, it could be a small retreat like back here, June to August of twenty sixteen, where it tested seven hundred and then came back to five hundred. Or it could be a deep retreat where it tested all the way up to fourteen thousand in June of twenty nineteen, when the 50 percent level was only eleven thousand five hundred. And then it came all the way back down to four thousand in March of twenty twenty, thanks to no vid. And to watch this video with the analyst predicting Bitcoin can rise to one hundred and sixty one thousand, check the show notes below the video in the description. And please do let me know if you agree or disagree with the crypto analyst. And now let's discuss our next story of the day, and that's the one hundred thousand dollar Bitcoin price prediction from Rich Dad author Robert Kiyosaki. In fact, he even claims that Bitcoin can now go to a million dollars. So let's break this down and then we'll dive into our feature story of the day with the BlackRock ETF, which can send the Bitcoin price parabolic over six hundred percent, surpassing a whopping price target of one hundred and eighty thousand dollars. But first, Robert Kiyosaki, he stands behind his call that the Bitcoin price will put a new all time high and run all the way up to one hundred thousand. Let me know if you agree or disagree with the author. Now, Kiyosaki refers to Bitcoin as the people's money very commonly and says that those who save in U .S. dollars are likely screwed. And that was the nice way of putting it. Reading his tweet here, Bitcoin to one hundred thousand dollars, saying for years gold and silver is God's money. Bitcoin is the people's money preach bad news if the stocks and bond market crash gold and silver to skyrocket the worst news if the economy crashes Bitcoin to a million dollars. Now, that doesn't sound like so such bad news to me. That would be extremely brilliant news for the Bitcoin price to go to a million. But I understand an economy crash is not good. But he continues gold to seventy five thousand and silver to sixty thousand. I do not see those precious metals rising like that, especially considering they're controlled by the central bankers and the cartels have been controlling precious metal markets for a very long time. But nonetheless, I digress. He continues, savers of fake U .S. dollars are effed. Debt is too high. Mom, pops and kids are in trouble. And I hope I am wrong, but please take care. I mean, very bold words coming from Kiyosaki. Also, in an interview he did with Stansberry Research's Daniela Cambone, he warned up the idea of Bitcoin as he has lost all trust in institutions running the country, quitting him here. I like Bitcoin because we have an enemy in common breach. It's called the federal government breach, the Treasury and the Fed and Wall Street breach. I don't trust them. If you trust them, save dollars and get yourself a nice bond. I do not trust those guys. How many can relate with Rich Dad earlier in the year? Kiyosaki also predicted Bitcoin would eventually skyrocket to one hundred thousand per coin, highlighting that the king crypto does not need the intervention of the government to sustain its value. So there you have it. Come in directly from Rich Dad. Let me know if you agree or disagree with the Rich Dad, Poor Dad author. And with that being shared, now let's dive into our featured story of the day. That's everything surrounding the BlackRock ETF, a spot Bitcoin ETF being approved in the United States. Tom Lee was just recently interviewed and says he believes it will automatically send the Bitcoin price somewhere between one hundred and fifty and one hundred and eighty thousand dollars. So let's break this down, shall we? And here this is on this interview. I also already transcribed it for your benefit here. And I'm going to start reading so we don't have to play that sound clip because it's copyrighted. Anyways, he's asked, I always like hearing your price targets. Because you are always so fearless. When are you or where are you on Bitcoin by the end of next year? Let's say. And he responded, well, it's a spot Bitcoin gets approved, referring to the spot Bitcoin ETF. I think the demand will be greater than the daily supply of Bitcoin. So the clearing price, which is done by Sean Farrell, who is our crypto digital strategist, is over one hundred and fifty thousand dollars. In fact, it could even be one hundred and eighty thousand per Bitcoin. And then when asked, that's only if the spot ETF gets approved. Tom Lee responded, yes, a spot US because a spot Bitcoin ETF is approved already outside the US, which is a fact. And then asked, but if it's not approved, then are we just lingering at around twenty nine thousand in which he responded? There is still upside cast because of the halving next year. So you'll have a drop in supply again. And so the clearing price has to increase, but it won't be six figures. So he's ultimately saying the approval of the spot Bitcoin ETF, regardless if it's BlackRock or any of the others, such as Fidelity or ARK Invest, 21 shares, etc., will absolutely send the Bitcoin price to a minimal of one hundred and fifty thousand. And that target could even be as high as one hundred and eighty thousand. But he's also saying in the same token, if Gary Gensler and the SEC does not approve it by the time of the halving, do not expect a six figure Bitcoin price, but expect the price to go up because of the drop in supply as well as the gain and demand. I think the analyst makes a very great point. Now, he was also interviewed a few weeks ago and he discussed this price action occurring within nine months. So I wanted to give you that time frame because the Bitcoin ETF is scheduled to be released sometime. Not the ETF, but the halving is scheduled to be in April of twenty twenty four. So anyways, here's what he had to share in this interview. Current Bitcoin market is in balance with twenty five million in daily block rewards and twenty five million in daily demand, incremental ETF demand. Sean Farrell, their analyst, believes that twenty five billion dollars of demand is possible within the first year. So this is how they come to these numbers. This is one hundred million dollars in daily demand. This would bring the daily demand to one hundred and twenty five million while the daily supply is only twenty five million. So the implied equilibrium price would need to rise so that the daily supply matches the daily demand. Equilibrium analysis suggests that a clearing price is one hundred and forty to one hundred and eighty thousand per Bitcoin before the April twenty twenty four halving. Now, if you'd like to see that come to fruition, make some noise in the live chat. Now he continues. Generally, this idea of higher equilibrium price is consistent. Sean Farrell estimates that the flow multiplier for Bitcoin is four to five X and on the odds of a spot Bitcoin ETF finally getting approved in the United States after numerous rejections of the past year. Here's what we had to share. Bitcoin ETF could finally get approved. Sean Farrell sees the BlackRock effect, making it this far more likely today. Now, BlackRock, we all know, is the world's largest asset manager, and they say they have roughly 10 trillion or more in assets under management. So there you have it. Very bullish predictions coming from Tom Lee and on regards to this BlackRock ETF being approved. But I'd love to know your thoughts. Do you think that the BlackRock Bitcoin ETF will be approved within the next nine months before the Bitcoin halving scheduled to be in April of twenty twenty four? Let me know why or why not. And I'm going to start reading all of your comments out loud. And don't forget to check out CryptoNewsAlerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
Who Are Ransomware Gangs Targeting?
"Which organizations are ransomware gangs looking to target. According to israeli cyber security firm kayla they primarily want firms based in the us canada. Australia and europe who on average earn more than one hundred million dollars in annual revenue and are not in the education health. Care government or nonprofit sectors. That's according to an analysis of forty five conversation threads on criminal forums. these forums are where initial access brokers claim to have hijacked into a company and are now selling that access to ransomware groups. Attackers are looking to buy specific types of access to victims so it and security administrators should pay attention to this. Highly desirable are companies. That have vulnerabilities in their microsoft remote. Desktop protocol set up which is used my employees for remote access as well as those with vulnerable virtual private networks setups using products from six palo. Alto networks vm-ware fortinet and cisco systems now in the last several months all of these products have issued patches for vulnerabilities. So you shouldn't be caught off guard for such access. Ransomware attackers are willing to pay up to one hundred thousand dollars and remember if your company earns less than a hundred million dollars a year. Don't be complacent. That's an average of the requirements of some attackers and only for messages seen during a narrow timeframe
Blue Cross Blue Shield Will No Longer Waive All COVID-19 Treatment Costs
"The early months of the pandemic people who were hospitalized for covert nineteen infections and had private insurance could be reasonably sure. They wouldn't end up with crushing medical bills analysis. By the kaiser family foundation were kf f found that in november of last year nearly ninety percent of people with insurance had their co pays co insurance or deductible costs waived if they had been hospitalized for a covert nineteen infection but the times. They are a changing last week. Blue cross blue shield of michigan announced that it will no longer cover all costs related to cova treatment. Starting october first hospitalized patients will be responsible for copays deductibles and co insurance for treatment of the virus. The insurer will still cover. All vaccination costs making them free to members including booster shots. The insurance company is the latest join a growing number of private insurers who were taking similar action now that vaccines are widespread and cova treatment so expensive. Insurers are holding patients responsible for their share of the costs again. Blue cross blue shield research found that the average cost for a hospitalized. Couvert nineteen patient could be as high as forty five thousand dollars. That quickly soared to over one hundred thousand dollars if the patient was in the icu. In a report out this month. Kf analyzed the two largest health plans in each state and washington dc which includes companies like kaiser cigna and united health. All of them had waived out of pocket costs at some point during the pandemic most have stopped doing so or will in the near future by the end of the nearly all will have ended such waivers. There are a few holdouts like humana which will continue cova coverage for its medicare advantage members. According to a report by fox business
SEC Charges Medivation's Former Deal-Making Lead With Insider Trading
"The sec brought charges against a guy who used to work at the company. Meditation which people might recall in two thousand sixteen was acquired by pfizer for. I think something like fourteen billion dollars with the sec. Alleges is not that he insider traded shares of medication or of pfizer. But rather that as soon as he got word that pfizer was going to buy motivation and before that news was public he bought shares are rather he bought options. Whatever the point is he put money on the stock of insight which is another company still exists that was perceived as being a competitor motivation. They both were developing treatments for cancer. And what the sec. Alleges that he bet correctly allegedly that incites share. Price would go up once. The world heard that pfizer was buying motivation because they would perceive that you know the value of these biotech companies is high because a company like pfizer my by them and in fact inside shares did go up and he allegedly made something on the order of one hundred thousand dollars in what the sec describes as illicit profit. Can i ask a question. David because i don't fully understand why the share prices of an unrelated company would go up. You'd think that accompany acquiring a cancer company would mean that other cancer companies in the space no longer have it acquisition partner on the table. Why why did this work. I suppose is why i'm asking. Well you know. I was kind of curious as to whether these charges would stick in part because of that. Because yeah you know. What's alleges that he made this gamble which ended up being correct but one could imagine it going completely the other way. Because as you mentioned if i were a market participant looking at insight you could totally take the other side of that coin and say well now pfizer. Buying inside is completely off the table. So it's actually kind of a little a little bit of magical thinking to think that because visor about motivation the likes of insider more valuable but in this case that was the perception although according to documents inside stock price went up by eight percent. So it's not like he had like a rain. Making investment allegedly again. He has not been
Must Americans Ignore the New CDC Eviction Moratorium?
"Meet the new. Cdc eviction moratorium same. As the old cdc eviction moratorium joseph tzavellas roy of business insider reports that the new rule carries steep criminal penalties for individual landlords. Who break the law. A potential one hundred thousand dollar fine and a year in jail if fiction doesn't result in death and up to two hundred and fifty thousand dollars in fines and a year in jail. If the victim person dies nano exactly what that means. I guess that means if you get evicted for not paying your rent you're going to collapse in a heap and die. And it'll be the landlord's fault because the cdc of course is woke. Here's the counterpoint charles. Uw cook writes. No it doesn't it because it's not in fact the law. The constitution says that the federal government makes the supreme law of the land and the judges in every state shelby bound thereby typically. This means that the courts all sorts are obliged to follow the rules that have been set or delegated by congress in this case though the courts are not obliged to follow anything because they're bound only by the supreme law of the land and because the cdc moratorium which has no constitutional or statutory basis which has been rejected by the highest court in the country is an ally among those who can safely ignore the moratorium he writes are everyone landlords collection agencies. The police state legislatures governors the media. Everyone
Is Your Photography Business Saleable or Worth Selling?
"Photographers around the i. Guess who you're talking to right now would have a business that would be turning over. We'll have a revenue of something between one hundred and five hundred thousand. I think that we can capture light. Everyone that's listening. Like one hundred thousand dollar turn of business or revenue business. Is that something that is cycle. it could be. It's less about the revenue and more about how the revenues generated so look for the business to be sellable. If you put yourself in the shoes of the acquirer you think about like where and how this business be worth me. Buying it and the answer comes down to. Will it run without the photographer. The owner you know if you're turning over one hundred thousand dollars in revenue and one hundred saw revenue comes from you selling doing the jobs the no it's not really sellable as it structured but if you've structured so that you're behind the scenes you've hired someone to shoot for example weddings and you're turning over one hundred thousand dollars revenue in. You're not doing the work or the selling. It's very much sellable asset. Even though it's just turning over one hundred thousand dollars in revenue it's really comes down to is the business dependent on you personally to either operate or grow. And that's really the essence of a cell will come if the answer to that is no then. It's definitely helped. I said if i. I have a photography business on not the photographer on not doing this aisles. But on behind the scenes you know maybe doing the marketing. But i have a system in place to do that. Marketing to bring the clients in. Is that still a syllable business. Absolutely all i absolutely. Yeah yeah again. There's three types of buyers and for the most part i think your listeners will be best served by what's called an individual investor so the three types of buyers in rare individual investors private equity groups strategic acquires private equity groups of strategic choirs generally acquire much larger businesses individual investors are effectively buying job. So what they're looking for is a business that consistently generates profits without the owner having to do the work. And if that's the scenario and they're looking to for example move into a certain country. A certain city perhaps moving to a certain industry that there are sort of enamored by again. That's the first step. The second step is can this business. Will the business continue once. I write a check to the owner. 'cause once somebody writes you a check for your business your attention get strong away
"When the olympics start will be the most talented team in tokyo. Hands down no question. Most talented team in tokyo with the roster that they have but this is like a five alarm fire right now howard. This loss to nigeria. I don't care if they win the rest of these pre olympic games which will take place through next sunday. This has to make you nervous if you're a fan of the team because not only is it this. The loss to nigeria. But you go back two years ago at the world championships where you had a us team. That was good. Didn't have probably better team now than they were back in two thousand nineteen but all nba players. They finished seventh. They've been seventh at the world championships. You have the seventh-place finish the loss of nigeria. How concerned are you howard beck about. Usa basketball. It's just an exhibition game. Chris oh no no. It's not just an exhibition game. Stop this team was thrown together over the last however many weeks they had what like three practices. I think i'll ever. Us team is thrown together. What are you talking about. There's no team. There's no no mid season practices for usa basketball. No but the nigerian team has been practicing. What i'm saying is some of the play in the nba though wants win the nba nba. A few of them play in the nba but that team has had time together more so than the team. Sorry brown coaching. that team. That i missed was that a facsimile of mike brown on the bench all season long. What what are we talking about. The warriors have been out for like two months kris k. Okay so two months. that's what matters. That's that's the number three three practices. Also they're still missing. I believe at least three guys because they're playing in the finals right now. Booker middleton chris paul get it. Yes not chris. Ball's not playing a holiday with the the what holland is your holiday. Those those guys will matter especially given that middleton and holiday are to the better perimeter defenders that that team. Usa has and if you look at the rest of team usa's roster. I don't see a ton of great defenders. There there are a few. I think those three guys by the way are going to be exhausted by the time they get to. They may well be. They may will be so. We're going to judge them. Judging when their whole judge when the games matter to strange to me like we don't judge nba teams based on the preseason but we judge team usa based on these exhibition games. That they do going into international competition. I feel like it's thirty. One point favorites. Why why is there betting line on a freaking exhibition better training but a little league baseball. Now country degenerates damn right. I didn't mean chris i'm with. Let's go monday. Nigeria money line. I just. I can't get too excited about this. If they lose the rest of the exhibitions does that mean something. Yeah that might be alarming if they're if they're still struggling to find some cohesion. That could be alarming. But i mean the talent is obviously their talent alone doesn't win on the international stage in style of game is different team ball matters. Shooting matters like yeah. There's a bunch of budget stuff that comes into play. But i i find the panic over this loss or at least the outcry to be a little bit much. So you don't take into account the seventh-place finish in two thousand nineteen. I mean that to me. It's the it's not just as game. The totality of it right. Like and i don't know howard like so in the early two thousands the world kind of caught up to the us ninety to ninety six thousand us. Gold maps then comes the two thousand two world championships in indianapolis and that's seven. The place finish was one of the worst worst outcomes in at least recent usa history. They got it together after that. They hired jerry colangelo. They bringing mike chef ski. They get their act together. Two thousand six two thousand eight then. They run off. Three consecutive years are three consecutive cycles of gold. Medals is argon. Made that like the world's caught up again that somewhere along the way and the last four or five years. The rest of the world has once again caught up usa basketball. I'm trying to understand this. I mean that's close games in those olympics cycles. No question about it. But i can't imagine the oh eight. Twelve or sixteen team losing nigeria. I can't exhibition or otherwise. I can't see it happening. No team and the and the one that followed it were built around like lebron koby. Carmelo enjoying wait. I mean that that groups at another level like as good as this group is that we're seeing right now as talented as they are after k. D. tatum's really good damian. Lillard is great. I mean come arbit- tatum. Bill lillard auto bio levin. Draymond dream ends up there in years but one has won some things. Jeremy grant jeremy grant zach living out of like. These are guys who have done anything in the nba yet. But they're all stars most they're they're also but are they to level of lebron kobe now but do you think is that what you're saying then is that what you're saying to be at the level you need to have like i'm saying the crop to win. I'm saying that if we're going to start comparing the twenty twenty one team to the twenty eight a two thousand eight two thousand twelve teams there is. There is not an equivalent right now. Lebron kobe laurent cobaine weight. And plus what we what. We called olympic. Mellow like carmelo. Didn't have the success in the nba. That some of his teammates did but carmelo in terms of talent level and certainly has resume like that group was at a whole other level. That group is a different level than jason. Tatum bam outta bios. Zach levine. Okay so not saying that you necessarily should have to have that level of time firepower to win an exhibition game against nigeria. Or anybody else. But i am saying comparing usa to itself different iterations of team usa. This one is not that one. This is not as dominant group as the ones we saw in eight and two thousand twelve. It just isn't what do you do like. What's the solution here. Like i mean i jerry. Colangelo deserves an enormous amount of credit for rebuilding that program when it was at. Its nadir mitra chefs. He comes in enormous amount of credit for what they did. But as we sit here in twenty twenty one like it's almost to me howard like the usa basketball rebuilding. The program became cool. Like lebron wanted to do it. Chris paul like dwayne wade. These guys wanted to do it and then they did it. And i think playing for usa basketball didn't become quite as cool as it was fifteen years ago. Like is that what has to happen like does not need to have like a fifth place finish in tokyo for all of a sudden the next generation of a-list stars wherever that may be in two thousand twenty four to come back into the mix and is that the only way this team can win. I mean i think we need to pay attention to the overall context like obviously one. These olympics were supposed to happen a year ago. They're delayed a year because of covid got durant out of it though like that right. It's questionable whether these the olympic should be happening at all still but along the way because of these back to back brutal seasons and everything else like team. Usa doesn't have james harden right now. Doesn't have anthony davis because of the injury doesn't have steph curry doesn't have kyrie irving doesn't have lebron kawai again. If your argument is that the second or third tier it sounds like sounds like insulting. Somehow but if you're saying that the next wave believe after those guys should still be good enough to dominate on the world stage. Maybe but if the point is that the team as best are they still. Are they still able to win. Gold fairly easily. Your probably but a bunch of them aren't on this team right now because of injuries and just the stress of the last year or two so this this is not necessarily representative of the best of the best right now. It just isn't and yes. They should still be good enough to win. Yes the world has caught up to some extent. No the the group that at nigeria's put it put out there last week. Does not leap off the page improbably. Us should've still want it. But again i exhibition game after like three practices. Let's see what happens with the rest of this. This schedule out brought mellow back. I mean he's not what he was four years ago. Eight years ago twelve years ago but the guy knows how to play international basketball. He might have sat. maybe. I guess. I didn't really. I assume that he just want to keep. He didn't kind of like four formerly re retire from the olympics. But it'd be pretty much says like i'm done like lebron kinda did to get talked into it. I feel like. I don't know if i was if i was the usa team would try really hard to get carmelo blake because his style. Whatever it is to the nba is perfect for the national basketball. He's a really good or national basketball player. On this subject damian lillard. He spoke for the first time. Since the hiring of chauncey billips. Only listen to what little had to say about his future in portland. I'm prepared to go in and do my job every year. Like hopefully we make strides over direction and could become a better team a new coach notice. That's where i am. What soured it sounds like. Lillard is at least nominally on board with going back to the blazers. But if i'm a team out there with assets. I don't listen to that response and say well it's over damian. Lillard is back on the same page with the portland trailblazers. If i'm a team with assets i hold onto those assets because it feels to me like the blazers might be one like sixteen to start from blowing that whole thing up with louis mccollum on the way out the door so get the sense now. That seems more likely than not that damian lillard at blazers training camp. He's in ablaze uniform. He starts the season with the portland trailblazers. But if it doesn't work with chauncey billips early and you get close that trade deadline. It wouldn't surprise me at all to see portland decide. Look we've got a. We've got to do something here and opened the door for damian lillard trade. What do you think. I think that nothing has changed. I think that his remarks last week because he sounded a little bit lukewarm. Or just you know you hear one of two things. Well you want to hear one thing if you're a portland trail blazers fan or if you're just looking for any indication that lillard is all in your you want to hear him say listen. I know things are rough right now. But i'm all in you know this is. This is where. I want to be you to repeat all the usual talking points that you hear from players in his position and that we've heard from bradley beal that we used to hear from james harden houston. Which is a win in phil in city fill in the blank with the city. I want to win here. I don't wanna go somewhere else. You know we're going to get this right blah blah. He didn't go down the usual list. And so i think it left open. Some interpretation but getting has changed like the disappointment was clear when the season ended. Some of the things have happened since including obviously the the the train wreck away they went about the the coaching search and lillard. Being caught in the crossfire. There at feeling heat from fans about chauncey billips being selected and so. I don't think we should expect he's going to be rah. Rah right now The trailblazers have a lot of work to do. But we also have not even hit the summer yet. Like there's the draft hasn't happened yet. Free agency hasn't happened yet. There's there's a lot of work to be done. And i think if you're damian lillard which you're probably doing is internally saying here's what i need to see happen externally saying you know what let's let's wait and see i mean you see. He can't he can't say publicly the same things that he's telling say neal o'shea right about what the the state of the roster i i would think that there are some very impassioned debates or discussions being held behind closed doors about what they need to get this thing right and if they can't get it right the he might shift is his stance about staying there long term. But that hasn't happened yet that we know of. What do you think the most interesting potential conversation is amongst players over these next four weeks like i'm kind of curious what jason tatum bradley beal talk about. Tatum and beal close friends dating back to their highschool days both went to the same high school bill with something of a mentor to jason. Tatum actually got him involved with his trainer. Drew hanlin which helped. Tatum elevate his his personal skills and they've talked about how happy they are to be playing together. Played the all star game together for the first time beal last year of his contract. Like you know we've seen these conversations yield real tangible conversation. You'd like to be a fly on the wall on for any of these guys in the next couple of weeks. Yeah i mean look we. We have a history now going back over a decade. If we're to believe that the that the heels were formed in part through team usa activities. You know which is true which is true. That's that's yielded an extra things guy. You know guys who you mentioned. Tatum and bill because they were already friends but guys also become friends through this experience right and then they start getting the ideas about playing together. Like oh hey. This is a lot of fun. Let's do this again in the nba. So there's i'm i'm sure some of that is is happening. It always does. Who else in that group. I mean man. If any of these guys that'd be trying to recruit bam out a bio but he's too early in his in his contract with miami to pry him loose from there And you know the heater still a pretty potent team but you know jimmy butler is up there in miles and outta bios future won't necessarily be there forever. That's the way it goes in the nba. I think tatum has the potential to be like the biggest recruiter. They're like he's about to start the first year of his max level extension. He can recruit bill. But like you can also does damian lillard like. It's great to play in boston. I love it here. Answer some questions of my have a playing on the east coast for the first time. Like i think data might be boston's best asset at this point. Yeah again some of this comes down to bradley. Beal's coming up to that point where he has the leverage to task out because of his contract lillard under contract for several more years and so he's not in that position. So what if it says. Like i need to go like. I don't foresee the blazers being no finish your contract. Just don't see it. i think right. And they would work with him on a deal to sure but directing it is harder so beal can use the leverage of his free agency to say well if you send me to team x. I'm not gonna resign there. Which then blows up that deal and he can direct himself to the team he really wants to be at lillard would have a harder time to doing that. Because he doesn't have free agency looming two to play that card. Yeah well i encourage any reporter. That's in tokyo tatum. Beal and lillard talking to each other. Just take a picture and then let the internet go wild crazy because it will unquestionably last thing for you. Howard the breaking news. This week in the coaching ranks. Is that jamal moseley is headed to orlando moseley of course last with dallas. A really well respected assistant coach there. Who was a candidate for that. Maverick job before. It went to jason kidd my immediate reaction to that higher howard beyond i think being an excellent choice for orlando is that we're gonna look at at moseley and jason kidd on parallel tracks. The next couple of years moseley. There was a strong case to be made that he should have been elevated to that head. Coaching job he'd been considered for other head coaching jobs. Before most recently in new york he had by all accounts a great relationship with luka doncic i understand bringing kit in he's got a history with dallas and as riccar lau said publicly having a player that played the game like kid and having a player that plays the game like don-shik make some sense to pair those two guys together. But there's always going to be as i watched these two situations unfold. I'm gonna wonder you know. Did the mavericks make the right choice. Leading jamaa moseley go and bringing jason kidd in and there's so many variables in this the first being at orlando's in step one or maybe even steps zero of a massive rebuild right there in the negatives right now. I think there's still maybe more fat to trim on that roster before they really bottom out. Yeah and you know you talk about trying to build around. You know markelle foltz. And and jonathan isaac jonathan isaac for so long. They're getting hurt and he's a great player but they've loved writing in a weird way john stays healthy. He's still more of a complementary store right like he's he's a potentially defensive player of the year at some point. He's not a guy who you're building an offense around though and marquel foltz okay. He he got himself back on track in orlando. He has a career now where he didn't have one but he's not a foundational building block. Come on like that's crazy so the roster doesn't have much talent jamal. Moseley's is coming into a situation. Which a lot of first time head coach is committed to which is all right. There's a lot of work to do so You're gonna have to do a lot of development. You're going to have to take a lotta lumps in the win loss column. It's gonna be rough going for the first year or two or maybe three. Let's see how they can get things going. But you know as it has been a certain other like kenny. Atkinson came to look a completely hopeless situation in brooklyn but was known as development coach in atlanta. And sure enough. Everybody who went there. Joe harris spencer. Dinwiddie jared allen versus lower. First round picks. Guys who were you know whether they were reclamation projects whether they were low picks everybody seems to get better the second they went to brooklyn and play kenny atkinson and his staff congenial. Moseley have the kind of effect in orlando can the front office. Get him to kind of guys. That will thrive in that in that kind of environment and carve out careers from cells and carbon identities. Jamal moseley has a lot going for him. And we've heard like many great things about it but we often hear great things about assistant coaches who don't end up panning out so i always. We have to caution ourselves on these things. Because i thought. Brian shaw was gonna be a great head coach and he was. Everybody loved him all the players sung as praises when he was associate head coach under frank. Vogel indiana he goes to denver probably just the wrong guy at the wrong time but he hasn't had another shot since then but that went really badly. Brett brown was really great in in some respects for the for the early years of the process and then suddenly. It seemed like they'd hit some sort of ceiling. Eager kokoschka of had been talked about for years is a great assistant. Coach didn't work out. Swells head coach in phoenix. David dale bumpy ride in memphis and then disastrous in new york. We just don't know like luke walton. Another example like there are plenty of coaches who as their when their assistance. We hear and see the best of them and then you know some of them be go on it and have great success coaches. I mean tyler has been fantastic. Mike malone has been fantastic money williams. Nick nurse dwayne casey a lotta longtime assistance. Get their shot and then you know it. It works out in a dozen. It's all contextual. It's all just the opportunity you have the thing for dallas is. They went with a guy who has experienced jason kit. That experience was not necessarily good experience. Like i think most people around the would look at what he did in milwaukee in brooklyn and say. I'm going to steer clear. Maybe you'd rather have the the unproven. Jamal moseley versus the somewhat proven jason kidd but. I don't think we'll know what the right choice was there for a while yet. Because it's it's gonna take some time before we can evaluate moseley as head coach. I maybe jason kidd learned something in two years as an assistant. I mean that happens. You know working with lebron for entire for two entire seasons working under frank vogel maybe picked up some things that'll be useful to him as a head coach. Moseley to me. The key is giving him time. Like you've got to be committed to moseley for a minimum. I think of three years and more likely five years. And then you see what you have in head coach. You mentioned gore. I mean it's worked out for phoenix. Absolutely but i do think he got hosed out there i mean he only had one year on the job and that year was without deandra aiden chris. Paul had devon booker of course but that was not a good team that he was coaching. There i gotta get moses the because you want to see what the guy can do when you put that team in a position to win a great example to me is james breglio in charlotte. I mean berea. Was one of those guys assistant coach elevated to head coaching position in charlotte. Not great first couple of years there but when he was given players and chance to win he did pretty well. I mean up until lamelo ball went out the horns were really good team and i think they will be a good team. Going forward in part because of the borrego is a pretty good coach. I want to see this magic team. Invest heavily in jamal. The you're the guy developed these guys and we'll keep you around no matter what the won loss record says until you get a chance to win then you judge like brett brown six or seven days since brett brown left but i can see the for letting go of brett brown. I mean they had a talented team and to a degree the underachieved. But you've got to let the coach get a roster on that level before you really make any decisions about whether they can coach. Yeah well and that's the thing about. This is what set up says apart. I think the good organizations from the bad ones is that you you decide when you choose a guy. Especially if he's a longtime assistant not a guy with head coaching experience. And you've said we believe in this guy. This is somebody who's got a great trekker record as an assistant. We're going to first opportunity. It's your obligation to when you say investment. Yeah it's time investment. It's a give them all the tools to succeed. Give him the time to succeed. You've decided you believe in him. So stand behind that have the conviction to stand behind that and take some bumps along the way you know maybe maybe memphis and or the knicks should have stuck with david physed longer. You know we had heard nothing but great things about fiscal coming out of miami. Initially we may yet you know. Find out that he. He can be great head coach in the right situation. Maybe those worth rights situations. He might be one of those guys though. I love physios and assist one of those guys. Though the just the temperament is always important. Like the government like memphis yet. Some battles with market assault didn't work out your plus new york. You just might be one of those guys that doesn't have the right temperament to be is based on what we've seen a memphis in new york might be better suited for these ranks but if he succeeds in l. a. I think he'll get another chance right. Maybe i think the point being though that if you as an organization have identified a guy instead he we believe in him then. Okay then believe in him. Stick with them and make sure you've given them enough tools to succeed Is it a pulling the plug at the first sign of of struggle and that's what happens in the nba. too often. is that seems panic. You know the fans turn. There's some minor flare up. Oh the coach and player got into it. Whatever it may good teams that can happen on as well. And it's it's just. It's the way franchises. React so you have to know whether or not the guy is is is right and then stick with them. And so yeah. Let's jomo's should get a nice long here. She got a ton of latitude in orlando given where they are as an organization given the state of that roster. Yeah i agree. Howard enjoy milwaukee looking forward to hearing the conversation with the lazarus on friday. You can check podcast. Right here on the crossover feet again. Make sure you listen to howard's interview. Spencer dinwiddie from last week. It was really really strong. Enjoy -joy the mid west our. We'll talk when you're back on the northeast always a pleasure. My friend the newest player in the pre nba basketball landscape is overtime. Elite elite will begin playing sometime in the fall. And we'll be headlined by some of the top now. Former high school players in the country players would be paid minimum one hundred thousand dollars with some making north of that and have access to high level facilities training as well as educational programs to help. Get a better grasp on that. I'm joined by brandon williams the head of basketball operations for overtime. Elite and kevin ollie the former. Nba guard uconn. Coach was the head coach and director of player development bread. And i want to start here with you. Just kind of give me the ten thousand foot view overtime elite. What are the objectives. What what what was behind the formation of this league. I think any of us. Chris who've been around for a long time i've actually seen Sort of the downside of young players who entered into professional ranks to this point. It's been the nba Who are not ready. And so what does that mean you know not not ready to form and be stars or is it just not ready to be great teammates or is it not ready to be good partners. is sort of all that you know the idea that the work day is much longer than they know. And that there's more responsibility to be in a professional athlete The responsibilities to families and communities we just have to do a better job preparing them and here was an opportunity to be part of a program that wanted to address all that. It's not just about being a good player. It's like we wanna address the whole athlete. Hope so on. Three levels were hitting basketball. Easiest thing understand. I think businesses in our world is education And then there's brand you know. These young people now are moving at a speed that we aren't as older folks and they want to build things An earlier age particularly off the court so building a brand is important something that can last well beyond their tread on tire so we're hitting it in basketball business brand. That's that's that's really thirty thousand foot view. Kevin what attracted you to this job. Just like his dad is the whole person being able coach them from a mind body and soul Experience and understanding the mindfulness athlete I've seen it from a pro level. Got up tune into play thirteen years with twelve different teams so i understand like the different trials and tribulations you go through with a player not saying that these players are gonna go through that but is getting them more prepared if they do come into some certain situations where it's not typically going the right way. How can they manage that situation. So what they do today can echo into tomorrow and having the ability to kana paint on a black blank. Canvas is what a really attracted to me to to this you know. Ot league program we can take the player really shape the curriculum you not with teaching them about subjects. But we're really teaching them about themselves as well from media training From mental health issues. All the different things that come involved because we all know chris is stress. You know from success is a lot of pressures is a lot of people pulling at you. It's a lot of people won't certain things. But how do you deal with that from a player's standpoint where you can play when you get on the basketball court and half clear and not be caught up in the distractions of off the court issues. Um as desks desks were really kind of vocal. Spirit to give back in it and how these kids you know. Have these players be available at the moment of truth to make the right decisions and that was very important to me. Kevin as you mentioned you played in the nba brand. You played in the nba. As well i wanna ask both of you guys and kevin. I'll start with you like if this was available to you as sixteen. seventeen year. Old looking back. Would you have founded attractive with a definitely founded attractive You know i kind of thought the box anyway. I was from chris. Shaw from from from south central and i chose connecticut. So you places that. I didn't even know nothing about growing up. You always thought out the box and never wanted to go down a path that everybody was going down So i was always curious. And i think that's how my mom especially my mom. My dad raised me. So i definitely been curious of this situation. No no speaking now without you know took it. I'm not sure. But i think it really gave me another option to look at it and this is what we're trying to do not saying that the ncaa is wrong overtime. Leaders wrong or right. It's not about that. It's about if you really care about the student. Athletes you give them as much options as possible. And i think this gives the lee student athlete. Another option and i think you know it's a very Great option for them to have and if they choose overtime league we're going to give our whole heart to make sure they're developed on and off the basketball court chris i- jumping after coach It would have been interesting. Chris but i certainly would not have been a candidate i would. Let's just get that right. What what things that's important. We sit down going through just grassroots community and we spent months just talking to people educating about. You know what we're about who we are. Each of us has a reputation in some other space. Not here The this program isn't for everybody is not the right fit for everybody. We are cherry picking and a lot of ways. These are players that feel like they are destined for professional basketball. There are a lot of sixteen year olds. That don't know that yet and their parents aren't convinced that yet in people that support them. Don't don't feel that confidence yet. They may be another year away or two years away but this is not. This is not the right path for everyone. Twenty four athletes roughly twelve per class. We're looking at juniors and seniors and the truth is at this age. What was really funny about scouting them is everybody's skinny and like a lanky and underdeveloped and still has like a mountain of upside to you know to to get through before you can really see who they're going to be but you know if you have a young player like brand williams who's just dreaming of being an nba player but does not much certainty. That's even realistic We gotta be very careful about this approach In taking because there there are risks but for those that that have already established in this deke. They've established a day of separated from their class. You know jaylen. Lewis has an example the most recent example. He's he's he's elevated in separate. The draft isn't tomorrow though so there's still a lot of work to do but he's already in front running physician and it gives everyone low confidence that this is the kind of investment and the kind of pet that would make a ton of sense for players like that. Let me follow up on that brandon. Because you're you're entering. What suddenly become a fairly crowded space in terms of leagues like this. You know the g. league ignite is one season in but they've had a measure of success. We've seen jalen green probably a top pick. Jonathan kamenga top five or six. Then you have the ncw with this. Recent ruling allowing top players to make money off their name image and likeness. How does how does the elite separate itself from that group. Why think i is. We start a little bit sooner so the g. league zone a great job with what we call it a year the prep year that year. That a recent graduates would be going to college and they've already been hacking the system you know going to italy or china So so there's a market for those players and we want an alternative to college for for for us though. Our players are seeking an alternative to high school so we are a school but we think about the resources that were bringing to the table first of which being an nba like environment You know start coach. Ali coach lehto in a robust set of staff. I mean scouting staff a high performance staff administrative team. Our goal was to simulate an nba organization for for young athletes at sixteen seventeen eighteen. Th there there is no other environment. Like that. And i think the big way that we separate with high school athletes Is that both domestically and internationally. We're able to put twenty four of them together in a building. So what we're selling is the best competition for these guys starts at home. I mean every day in line coaches don't minister drills administer competition aspects of practice and getting ready for games but when you look to the right and left and i noticed as a player. There's no weak link. I mean everywhere you look. There's somebody that's doing what you're doing and possibly doing more. Because they they are not just dreamed about the into the league or to the high level. They're on their way there That's where we've been able to. I think create a little separation from others that have tried or looked at something. Like this kevin. How do you approach this job. Do you do it in a similar mindset and you had at uconn where you have young players you also you know yukon. You had to keep them academically eligible you to follow that pretty closely. I mean is there is it a similar mindset or do you take a different tact. I think you just let it be you know. Similar is not. It's just whatever comes you say yes to it and you cultivate hope from it I never coached high school players. They was always you know graduated from high school. And now they're freshman's This situation is a little different in in was recruiting for two to three years. This situation is a little different. But you know from me. Chris i love the unknown about it. And that's the space i live in. Not just wanna make sure that. I have the space incorporate something in these players that they can just think about it can build from a have a foundation so when they make the transition they have every tool in the toolbox to say okay. Oh that's a problem Assess it let me be able to correct it. Let me obsessed. Let me be aware of it and i think that's the difference between you know coaching a high school kid in in the college. Kid i mean you get able to mold them a little bit better and then you have to understand where they at. Now you know back then. I didn't have social media. We didn't have social media now. These kids these players are building their brand a little bit earlier and now you just meet them where they are. And i can't wait to get them up on campus get them up until atlanta just continue to build a great relationship. Welcome spend time with the one on one in. This situation is going to provide us to do a lot more skill development that i didn't have a really good opportunity and it had not one say good opportunity. I didn't have the best opportunity. Because there's so many things we own a row recruiting You own a row fundraising these different things. Brandon's taken care of in. Dan porter is taken care of. I can just really coach the player and work on his skill development on and off the basketball court. So it's really given me my own lane. So i can really perform my job. Mama job is really breaking down and relationships it starts. Relationship is start with trust. Stars will hold is spending time with the the young student athletes on and off the basketball court and pushed them to greatness and the competition is not on. our side of competition is with him. You know can you beat your previous best bestself. Can you be better than today you know. Can you be better tomorrow than you were date. And that's what i'm coaching. And that's what i love to do. And i think we're going to have some great young man as open as biden has going to be vulnerable going to try to reach for the sky. In the sky is going to be ob- you is not going to be limits. I can't wait to get up to atlanta. We've been having some many camps. Chris has been wonderful to get back on the court with the guys. And i'm looking forward to the next mini camp and dan looking forward to getting them up to atlanta. So we really can go to work. You know when. I was was talking to brian. shaw a couple of months ago. Kevin about how he was coaching. The ignite you know it was a lot of pro stop. He was trying to bring to that team. Are you taking that same. Approach you trying to coach them like their nba players or something different. No it's nothing different is just. I'm building pro. Habits in every situation is going to be different. Chris this is going to be some guys. Come in you know. Say for instance like a. John montero will we got him and he you know is a little bit more advanced than some other players because he's been a pro- already and then it's going to be another situation where we gotta talented guy might not be able to get quick but these opportunities we can go at our own pace we can sit down and talk to them but we're really teaching and building pro habits and those habits is going to translate over to them being great pros when that opportunity come invest in the nba are the euro league so every day you know we are building like a practice plan like more of a college practice plan nba practice bandwidth doing drills. That i got from my numerous stops in the nba. You know we're doing sets in the nba. Then we gotta understand that sixteen years old as well you know and maybe sometimes you gotta you know kinda doubt it down a little bit. But i'm gonna let com. I'm going to let that go. i'm not going to focus on one of it. I'm not gonna say oh. We're doing this process. Each and every day every day is different. And that's what i love about the unknown. And i'm gonna treat it like that and we just gonna continue to bill because i think we got great mas and organization that really want to coach the whole person. And that's what i'm really excited about. You decided to upgrade your outdoor deck. So you ordered the essentials. Power washer said a patio chairs and a shiny new grill. And you use your bank of america. Customized cash rewards credit card choosing to earn three percent cashback online shopping and up to five point. Two five percent preferred rewards member which you put toward your most essential deck addition a bird feeder of yours at bank of america dot com slash more rewarding copyright two thousand twenty one bank of america corporation support for this podcast comes from invent together according to studies less than thirteen percent of all inventors who hold a us patent are women black and hispanic college graduates patent at half the rate of their white counterparts. But we can fix that by increasing participation innovation and patenting by underrepresented groups. It would quadruple. The number of american inventors and increase annual gdp by almost one trillion dollars. Invent together is a coalition of organizations companies. Universities and concerned citizens committed to ensuring that everyone has the opportunity to invent and patent because the more diverse. The american patent system gets the stronger and more successful. our nation will become. What can you do to help. Divers inventors patent and unleash economic opportunity. Find out at invent together dot org learn more and take action today brandon not to continue to compare this team to the ignite but when i talked to sharieff abderrahim about that i mean. I had asked him about the sustainability of that team. Given how much. Money was being poured in to pay some of the players. And he bobbed and weaved floyd mayweather trying to answer that question. Because it's it's hard to commit to it without say a television contract more sponsorships and things like that when you can you speak to kind of the sustainability of this because we've seen startups with an influx of cash. Get get in big the first year. But then peter out. I mean what needs to happen. Four overtime elite to become a long term successful program while has got to answers. I think you know a concept. I mean we're we're selling on the ability to develop young players and have a more more pro ready right. So this is. This is the path we are offering basketball development. Call it professional Business development And we are also like leveraging. What is an incredible media platform that again. The things that we like to call a distinguishing factors. That's a huge one. So not to bob and weave one. We gotta be good ass. You know that. That's how have long deputy spurs the spurs. They were good for really long time. And so we've got the that there were good at this note. No pressure on kale right The the the second piece though is you know and this comes from my my time in the nba. It just wasn't that long ago where it out of chicago. Pre-draft combine interview. If i said. I wanna build my brand. Everybody in the room was like smirking and like you know what. What are we talking about like. It's about basketball basketball basketball And you know if you are young team developing and not winning a lot of games truth is you can't sell just basketball because your basketball isn't great you got to sell personalities and stories in that there's something that people can invest in in fall in love with other than like the final score like otherwise. The sixers had no chance right any any development team yet to buy into a story and for us. I think we have a chance to create stories but we get a chance to show those stories because we have a platform. So it's it doesn't take much. I mean i'm not a social media guru. But when i got recruited for this job haven't been around the block a little bit certainly from an nba perspective. I heard a couple of things. I really got my attention. One was fifty million followers That's eyeballs and we all know that that Business follows the eyeballs in whatever in whatever respect. The other was which is unfair. Because i think that number changes month over month but it started at one point four and not set maybe one point eight or one point nine billion with a b. billion views of content a month that overtime in some ways has found a way to the heart. The mind of young people It is being communicated and solid as you know the generation z. sort media and content engine We are doing an amazing thing here which is developing young talent in a pure way that we want to make sure that they are prepared. Top to bottom to do well on the court to do well and communities to do well in business but then there's this other thing which is they want to be known like. No player wants to play in an empty building. Everybody wants to play where it matters. They wanna play. When nick can rock and like the building and just like recognizing their talent. We're just artists. And one thing that is kind of showcase. By one event that that overtime overtime the media company producing s called. You see it on youtube to. Is that over. Hundred million people watched that. I mean that that's not an insignificant number that players that are going to play overtime. Lee will have the opportunity to be known The the opportunity of bring brick big brands to the table and support this platform If not already indicated by the kinds of investors that that have shown interest but the brands that are coming to the table our sustainability is going to be showing value delivering value to not just the athletes but to overtime visibility. I would imagine great for them but can you monetize it. Can you make it so this league is in the black or does it need to be in the black every year. Well my the good news is as a basketball man. No different than a different than the is Get a budget. My job is to be fishing and and spend wisely. I i'm not. I'm not asked to sell tickets or generate revenue that's for a tremendous And in successful a business operations Our job is to make sure that what we are delivering is high is a high level product That you see the growth and development of our young players. What's there recruited. We gotta make them better. They need to be able to perform and probably the best testament of our success is going to be our nba. Gm voting with this pick right but with a coach saying like they did a nice job. This guy was. Well coached testament to takeo and the rest of the coaching staff. That if we're doing that will prove successful. Because guess what the next crop of recruits when we're in the gym like we're not chasing them. There's sort of meeting us at at minimum half way. We need to keep bringing high level taliban and developing talent to prove successful and i have a tremendous set of partners across academics and across content media. That will will do their part to elevate our business. Can you expecting to tap into some of your. nba relationships. I mean as you mentioned thirteen teams in twelve seasons. You've made a lot of friends over the years. We're going to see like san preston sitting in the crowd for your practices as a whole so sam and so many gyms that i know you know Kevin durant and all these guys are destinies in overtime. Just having them be around. We had our first minicamp. Ray allen showed up and not only showed up. He brought his son to work out with guys. Just it was just amazing. does just see how the branches that we can continue to pull up on and they continue to pull on us and be a partnership in. This thing is going to be great. Are you expecting to have kind of drop ins. Durant's involved with the league. You expecting these guys. Just be around. Which i would imagine would be both a resource for you but also an attractive quality to this league definitely. Definitely we going to build a place where it's going to be hopefully a development premier development destination for everybody and you know hopefully katie can come out and work out with guys and russell westbrook and james harden and all these guys that we know and i know i had opportunity to be evolved. Then it's kinda beat a veteran guys We want them to be around. Because it's not. Just me sean. It's also watching tape like these are the different drills and look how k. d. and look how chris paul is using the pick and rolls and now they're showing up that's a that's a big big bang for us with us growing these young talented student athletes To get them inspired to the next level and they're doing a great job done only gonna do. I coached him. Chris a coach me on a day to day basis. I'm open to that and we just really want to have a love affair with guys and and the end of the day chris. We want appease the basketball guys. We wanna play the right way. We want to share a basketball. We wanna run. We wanna have fun. We want how to join the game but it can't just be me me me. It has to be weak. And i'm wanting to teach guys how to be involved in any system they get drafted about. They can be a part of a productive system and be a productive partner in in the community as well no matter what city they when they arrive to the nba brandon. Before let you go. What schedule gonna look like i mean is this team playing. Just walk me through kind of what these kids are getting into. And what kind of schedule you gonna be able to put together so schedule that that is really interesting for everybody. And i wanna try to illuminate. But i've got to be careful we are still contracting with some teams But for the audience the think about it in buckets. We're gonna play independent prep schools. That's going to be a significant part of our schedule. We are a high school so we are looking to schedule. Some of the top independence that you would typically no to have a national schedule can travel that have the ability to be mobile. We're scheduling home and away with with With those folks and it looks like net set as an example It looks like you know. Folks that are playing for a national title Arizona florida california. So it'll be a widespread travel schedule for us. We're also looking at European competition so think about junior euroleague as an example. Some of the best clubs the Insects as an example Where we can get a collection of sixteen to nineteen year old elite talent to compete against us. And then as i mentioned earlier on the show we really feel like the best competition is gonna come internally and that's where our league play Comes into effect so we are looking at our group of twenty four as three teams of eight. There will be standings you'll be able to track will compete against each other. That'll be a significant part of our schedule as well. We don't want to overstep our guys one of the things. We really wanna correct leading science. Guide us here. is is minimized the wear and tear. Nobody's while still developing and preparing for a professional level place so a schedule of maybe thirty five. To forty games is our target. We started september Training camp will will begin Play by mid august. We'll be done by by Late march is how we see our schedule shaping up i'm looking forward to it brennan kevin. It's a really interesting concept and hope you guys have a lot of success with an. I'll certainly be watching a lot of. Nba people will be watching but brandon. Stay out of a set of massachusetts. Kevin has like some basketball. Ptsd from all those bc. Matchups i'm sure would probably were so tough. I don't remember kevin. It's not real like talk about it. But lita past. We'd be six thousand. That's not very nice. That's hovering kevin brand. Thanks for joining me. I appreciate it all right. Thank you chris. Thanks so much.
"Like the government like memphis yet. Some battles with market assault didn't work out your plus new york. You just might be one of those guys that doesn't have the right temperament to be is based on what we've seen a memphis in new york might be better suited for these ranks but if he succeeds in l. a. I think he'll get another chance right. Maybe i think the point being though that if you as an organization have identified a guy instead he we believe in him then. Okay then believe in him. Stick with them and make sure you've given them enough tools to succeed Is it a pulling the plug at the first sign of of struggle and that's what happens in the nba. too often. is that seems panic. You know the fans turn. There's some minor flare up. Oh the coach and player got into it. Whatever it may good teams that can happen on as well. And it's it's just. It's the way franchises. React so you have to know whether or not the guy is is is right and then stick with them. And so yeah. Let's jomo's should get a nice long here. She got a ton of latitude in orlando given where they are as an organization given the state of that roster. Yeah i agree. Howard enjoy milwaukee looking forward to hearing the conversation with the lazarus on friday. You can check podcast. Right here on the crossover feet again. Make sure you listen to howard's interview. Spencer dinwiddie from last week. It was really really strong. Enjoy -joy the mid west our. We'll talk when you're back on the northeast always a pleasure. My friend the newest player in the pre nba basketball landscape is overtime. Elite elite will begin playing sometime in the fall. And we'll be headlined by some of the top now. Former high school players in the country players would be paid minimum one hundred thousand dollars with some making north of that and have access to high level facilities training as well as educational programs to help. Get a better grasp on that. I'm joined by brandon williams the head of basketball operations for overtime. Elite and kevin ollie the former. Nba guard uconn. Coach was the head coach and director of player development bread. And i want to start here with you. Just kind of give me the ten thousand foot view overtime elite. What are the objectives. What what what was behind the formation of this league. I think any of us. Chris who've been around for a long time i've actually seen Sort of the downside of young players who entered into professional ranks to this point. It's been the nba Who are not ready. And so what does that mean you know not not ready to form and be stars or is it just not ready to be great teammates or is it not ready to be good partners. is sort of all that you know the idea that the work day is much longer than they know. And that there's more responsibility to be in a professional athlete The responsibilities to families and communities we just have to do a better job preparing them and here was an opportunity to be part of a program that wanted to address all that. It's not just about being a good player. It's like we wanna address the whole athlete. Hope so on. Three levels were hitting basketball. Easiest thing understand. I think businesses in our world is education And then there's brand you know. These young people now are moving at a speed that we aren't as older folks and they want to build things An earlier age particularly off the court so building a brand is important something that can last well beyond their tread on tire so we're hitting it in basketball business brand. That's that's that's really thirty thousand foot view. Kevin what attracted you to this job. Just like his dad is the whole person being able coach them from a mind body and soul Experience and
Hunt for Capitol Attackers Still on 6 Months After Jan. 6
"Hi Mike Rossi you're reporting the hunt for capital attackers is still on six months after the January sixth insurrection at the U. S. capitol the FBI continues to hunt for scores of rioters more than five hundred people have already been arrested on Tuesday the FBI released eleven you videos of riders attacking law enforcement officers the FBI is appealing for the public's help in identifying the suspects the FBI website includes more than nine hundred photos of roughly three hundred people labeled and identified and the F. B. I. is offering a reward of up to one hundred thousand dollars for information leading to the arrest of the person responsible for planting pipe bombs outside the offices of the Republican and democratic national committees on the night before the riot might cross your Washington
Carl Nassib Becomes First Active NFL Player to Come Out as Gay
"Las Vegas raiders defensive end Carl Nassib was matter of fact when he went on Instagram Monday pointed to a quick moment to say that I'm gay I've been meaning to do this for a while now but I finally feel comfortable enough to get it off my chest Nassib who played collegiately at Penn state we'll start his sixth NFL season in the fall his second year with the raiders he also said he hopes such announcements won't be needed in the future actually hopefully one day videos like this and all coming out process or just not necessary NASA says he is donating one hundred thousand dollars to the Trevor project a nonprofit that seeks to prevent suicide among LGBTQ youth I'm timid wire
What It's Really Like to Be a Truck Driver
"My understanding is that there's a lot of turnover among drivers too. So you know trucks might get worn out after three years. Drivers might get worn out in even less time and leave the industry altogether. Could you maybe describe. How desirable is being a truck driver as an occupation. At the moment so joe and i talked about how we both have this sort of romanticize view of it could you may be Tell us what it's really like. And how it stacks up against the money that you're actually being paid to do it. At the moment the realities are quite different in your romanticized Of the it is a tough job. So if you're an owner operator you'll make in this market because the demand is so high you quite well. You probably would net one hundred thousand dollars as a employee driver. You're probably going to be making about fifty five to sixty thousand dollars as an employee driver per year and you're going to be paid on a per mile basis. You're gonna you're gonna run your trot kurt or drive or work about fifty six hours on a given week. It's not a forty hour week. Actually working fifty six hours. But here's the reality is. You're not at home every single night. The vast majority of the driver attraction out and so while you may not be on duty that fifty six hours in a given week. You're you're still at a truck You're still dealing with over the road. So it's it's a really. It creates a lot of strain on families A lot of strain on people. It takes a special kind of person to want a life where they're out in the road. It's it's a job that's very dangerous is one of the most dangerous jobs in america. It's a job that has very a high occupational issues in terms of health. You're sitting in a truck for you know you're driving for eleven hours a day. You're sitting which you know drivers have high incidence of obesity diabetes so it's not a great lifestyle And for all those reasons. It's not a desirable job for for a large percent of the population. And unfortunately the industry salaries have not kept up with a lot of the competitive industries which they compete for labor like warehousing construction other types of industries which sent a poll the same labor force
I Just Bought a House and Feel Like I'm Never Going To Pay It Off
"That's a question on tackling six. So i recently paid off about two thousand dollars at that. Twenty five thousand. Thank you i have twenty five in my versus fund. And i have close to fifteen percent of my income since since the can't through full fifteen because the 401k cat And when i'm looking at six my mortgage is like this massive thing since i just got in twenty nine thousand nine hundred and just putting everything in their wake me years To do to pay off is what's your income I make one seventy boy ago. What's this morning For eight all. Stop your wine and dude you can do this. You could totally do this. You make one hundred seventy thousand dollars when you wanna do some sort of thinking fund for unknown expenses or an unknown reason. You're single guy. You're so awesome why to go man. Fiance well yeah okay. You're not you know she go mess. This upper she gonna work with you working together. What is she make fifty holy crap. You're gonna be making a quarter million dollars and you're you're not even thirty yeah So i guess then that's the after that and just put just throw it seriously seriously. One hundred thousand dollars a year in years you're done. This is not exactly overwhelming. And then put everything and then you'll be debt free and you'll just be making a quarter million dollars and become unbelievably wealthy and unbelievably generous. And if you don't one hundred thousand dollars a year and you only do seventy five thousand. It's gonna take you five years wang you really got. This is very very very doable. Your stud
How to Buy Host-Read Ads at Scale
"For the people. Who aren't familiar with you. How'd you get into managing your ads. The content creation. Yeah great idea you you made your show but like what made you decide to not just have somebody else handle your ads. Well i have. I i did want to have somebody else handle my ads and i called friends of mine at agencies. Well actually that wasn't even my first up i. I started talking to people that worked in marketing at networks. And i said hey. Do you have freelance little side. Hustle com moonlighting. Anything that i can do to hire you. And i got a lotta yeses. And then like five months later. They were still like. Oh i'm just really busy right now. And i thought you know i don't like waiting for people. How specialized is this knowledge. So i hired some freelancers at another network to just give me proposals right. I said if you had to plan this and you weren't executing it because you don't have time. What would the proposal look like. And they were like well. I would advertise. Here's how you buy some ads on twitter and here's how you buy some ads on instagram. And then we'd have you buying facebook ads. And i paid a guy who has a facebook ads specialist just to test this in. I got convergence for like six or seven bucks but they're not even subscribers. All we know is they went to the page. That i had the player on for the you know dennis rodman episode and i went. You know these are not people that we know. Listen to podcasts. Like we think they do but they clicked over from facebook. And so there's just so much loss. And then i said you know. I'm not convinced that a lot of these people really know what they're doing. I don't think they're clueless or scammers. I just think when you are twenty-seven you work at a big company or a medium company and they're like you have one hundred thousand dollar marketing budget. Are you thinking. How do i get the best bang for the buck or you on. Let me do something that says. Get me fired not gonna get me in trouble. Sounds good on the face of it.
Single Mom Making 20% ROI on Detroit Rentals
"Right now. I'm just getting started in real estate. Investing and i'm investing in a market that a lot of people are scared of they shy away from and that is detroit. I know a lot of people are like no way. They think it's a war zone. But that's where. I moved from whenever i moved back to texas. Which is my hometown here in fort worth. But i know where to look in in detroit where the path growth is where those neighborhoods are that can be beneficial or not and so for those people who know the opportunities. There's great cash flow. What i ended up doing in order to ford. That was taking the money from the cares. Act that you had Allowable up to one hundred thousand dollars. I took the maximum out and purchased a correct It was from the ira. But i did that and took that draw on the cares act so that i could purchase in cash to get my real estate investing started. Okay well great. So the challenge is how do you kinda scale this. How do you continue to advance your real estate business and move towards your passive income. Numbers that the the challenge. We're going to be thinking about today. Absolutely all right. Well let's get. Let's get a of the other information out before we before we go in tackle that so let's build a profit and loss. What's your income and expenses your monthly cash flow that you're able to to generate so salary one take home is about forty one eighty per month then my second job within the dental office. I usually bring about seven fifty a month so total. Take home about forty nine thirty per month. That's great and what about your expenses regarding my expenses. My mortgage payment runs seven zero five per month. I do my own taxes and insurance escrow myself. That's another seven or sorry five twenty five a month to five fifty mortgage expenses. Are you talking about your primary eight or and we eat your business a completely separate entity or is this including your business your real estate portfolio. No this this is business completely separate so this is just my. My personal mortgage is seven. Oh
"one hundred thousand dollars" Discussed on The gamingfixx1's Podcast
"For the chickey the chicken mcnuggets on among us chicken nugget among a among chicken chicken dougie. It's a. it's a different way of doing bitcoin But we're just gonna make them but yeah so and cheese seemed to have your thing. Did we have any others. But i think in on your lunch was my nearest see we could do i just. I can't have among us. Chicken nugget on the hassle. Just like that though because we can't have an east any fraud can't have some d making some and take a bite out of it either. We'll know we'll you could. We could you could do is You know you could take part of the nugget and pay some bills. So it's like one hundred thousand dollars so you could take a leg and like that leg would be under.
"one hundred thousand dollars" Discussed on The Dave Ramsey Show
"It's not only the university but you're particular college within rivarossi right and they just stare and say well we can't. We didn't have an application for this one or this one or this or this or one savvy student would apply for all of them and then we'd have to have the hard copy we give them all to one student or let it sit there. Let's it sit there and a crew again right so just like you said. It's easy to put all your eggs in that scholarship basket as a freshman. And then you take your foot off the gas man. If you look every year many it never see any time. Something changes like well now. We're like oh. Mary people and were college students now. That's all bunch of scholarships raises. What happened with her. Somebody donated money for mary dude. In which is architecture program who fill in the blank. Right phenomenal phenomenal. Zach is whether zack is in phoenix. Isak our you. Hey i'm good. Thanks guys for taking my call. Sure what's up really appreciate it. Hey so i just need some big picture wisdom from you guys I really wanna pay off our house. want to completely debt free. I have a rental property that produces really really well. I've had this thought of selling that rental property taking the proceeds putting on the house. Which would still leave little less than probably one hundred thousand dollars on the house to pay off I guess my big picture vision with the rental property was to pay it off on a fifteen year fixed and then utilize that to help cash for my kids college and other things But i've got this desire to just be you know completely free with the house and everything but would love some input and some perspective on what you would do What's your household income about one..
"one hundred thousand dollars" Discussed on The World and Everything In It
"Cattle and this may refresh your memory. He sold his piece for more than one hundred thousand dollars and it was nothing more than a banana duct taped to a wall. Remember that story. Well another italian has done him one better. His sculpture didn't sell for six figures. It fetched eighteen thousand dollars though which is impressive. Given that the work of art in question doesn't exist while your stick with me on this salvatore arou- sold what he calls an immaterial sculpture. It's a work that requires you to activate your power of imagination. Grou- says the imagination is the only place in which the sculpture exists. Why didn't i have the imagination to think of that. Well because you're not an artist your lawyer now. Guerrero says now. Pay attention to this. The vacuum is nothing more than a space full of energy and even if we empty it and there is nothing left. According to the heisenberg uncertainty principle. That nothing has a weight. That sounds like a lawyer to me. Well the winning bidder did receive. Something was a certificate of authenticity as well as instructions on how to display this immaterial sculpture in a five by five foot space free of obstruction. Now i think that last part is the key part because when you're trying to display nothing and anything is in the way then you have something as a result and something is not nothing and nothing is report you want to see or not see. Does that make sense makes me tired. It's the world and everything in it next up on the world and everything in it..
How do Income-Share Agreements Work?
"So income share agreements. Let's break down. One of the first and most well known. Examples is lambeth school. Which is a programming school. I coating school. And you don't pay tuition until you're earning fifty thousand dollars a year the way it works. If you go to lambeth school dot com you can learn more you agree to pay seventeen percent of your post lamba school salary for twenty four months. But only after you're making fifty thousand dollars a year at least and they have a cap at thirty thousand dollars so basically you never pay more than thirty thousand dollars tuition and if you don't get hired and you never pay so isn't that pretty cool like they also have options to just pay tuition up front if you're able and that's what you prefer But to me the groundbreaking thing is this income share agreement because it's allowed a lot of people from poorer countries or from a disadvantaged background to really get a world class education and then a high paying job so there are a few other schools that are offering similar programs. I just did some brief research university of utah's doing it. Purdue university But in the world of entrepreneurship to focus our discussion here most iras are from startup. incubators one of the big ones that you may have heard of. It's called y combinator and their jail is first of all very selective so you can't just apply and get in like a lot of people who apply. Don't get in but if you are accepted there deal is they will invest one hundred and twenty five thousand dollars in return for seven percent of your company. Okay and that would be great if you qualify. First of all i said and also if you need more than one hundred thousand dollars in start-up capital so there is a world in which that is the case for lots of different businesses but here on site us'll school ninety nine percents of stories that feature. You don't need anywhere near that much money. Our whole point is to do this frugal to do this on a budget. To use the resources you have instead of just trying to find somebody to invest money so the reason i essays exist which as i said overall i think they're awesome but the reason they exist is because of expensive tuition or start up costs for some businesses. You were attending college. That was affordable for your budget. Then you wouldn't need the and so two. Is it for the side. Hustle model like total startup costs five hundred dollars. Let's say which we've had hundreds of stories that fit in that category then. An essay wouldn't really be worth for either party like you don't need somebody to own. X. percentage of your company in exchange for that five hundred dollars. You should just find a way to get the five hundred dollars or less on your own so that you don't have to give up any equity in your company.
"one hundred thousand dollars" Discussed on Daily Pop
"That we need to stop. They have to be married by this time. I have to have kids by this time. And that's the issue. I truly believed twenty eight. You should be able to get marriage license anything before that long engagement v. I love that idea. Oh my god run it. And i also think in order to have a wedding unit. Show me as a wedding planner. You have at least two hundred percent of what you're about to spend on this off. Run me that money. Yeah again because it's true. People are having like spending one hundred thousand dollars on a wedding. And i'm like you don't even make one hundred thousand dollars a year that part and it's about the marriage you get so caught up in the wedding and let me just say this. I do know people now yourself included got married in their twenties and they are happily married so it can work. When it's with the right person your proof of that. I have friends that are proof of that but you know take your time and takes the pressure off the way that there was like a big rough like there was a growth tach in the middle and we just chose to say okay. We're in it. Were in it to win it. But like we're gonna have to go through this like really rough area together. Not everybody makes it out together. That's true so. I do think that in that marriage patrick and i always say we're in our second marriage right like even though we've only been married to each other first marriage was like twenty seven to thirty six and then we grew up and then we had a second marriage. And now we're about to have a third because we're bringing a baby. So i will have had three marriages to the same person. I think that the marriage evolves and you have to look at it as a different person in each of those different. I don't want to be the same person at forty one that i was at twenty seven when i married. Oh my gosh. I am not getting married until i can have. Aarp booth at my way ahead about the big mistake. He made while trying to impress his daughter. Plus kate winslet's brave confession about her body. Were diving into that. You don't wanna miss it. Having your own home is awesome. But it's also a lot of work. The good news finding help for your projects is easier than ever introducing angie. The app puts all your home care. Needs your fingertips.
"one hundred thousand dollars" Discussed on BiggerPockets Money Podcast
"I'd make sure be. I i. I love that. Take the match than the hsa. Then the roth after that and Hopefully you know that matches in your roth as well there but i. I think that that's exactly the way. I think about it for my personal finances. I want to jump in the. Hsa thing just for a minute so my family is. We have the benefit of being very healthy. We go to the doctor very few times a year. And i think that's really important to consider if you have a chronic illness. If you are just somebody who gets sick frequently. The hsa might not be the best plan for you. Especially if you're not making a lot of money right now and you have that high deductible but we don't use our healthcare so there's no reason to have the great policy that we never use when we have the hsa where we are able to because we're a family were able to save seventy two hundred dollars in the hsa every year or hundred. It's i mean it's a lot of money. Yeah just a little bit of each year. But i think it is seventy one or seventy two hundred. I'm not sure which one it is right. Now if you're married if you're married if you're married if it's a family. I think it's cut in half if there's just one or two of you but still that's a huge that's more than my roth. Ira right now. So i have maxing that out and because we're healthy. Were not going to the doctor very frequently. I save my receipts so that my account just continues to grow and then when i retire the first thing i'm gonna do is cash in all of my receipts again. It's like a prescription here or a forty dollar doctor visit there. It's not one hundred thousand dollars in transplant surgery or something because that would be a bit a bit more difficult to cash flow. But it's it's these little receipts but they add up. And as soon as i come home get it into the system. I put it into my Online folder so i never lose fingers crossed and then my plan is once i stopped working. I'm going to be able to just cash in you. Know it's probably a thousand dollars of receipts right now but down the road that'll be my my account has grown and then when i got fifty one hundred thousand dollars in my hsa pulling out a thousand dollars is not such a big deal. But when i only have two thousand dollars in my hsa pulling out. A thousand dollars is a huge ding to it. So if you can forgo withdrawing it that's the best way to go about it in my opinion. Yeah so the hsa with everything. There's risk so with every strategy that you you implement there's risk and so i just want to point out for people like in your strategy mindy. It's the most optimal strategy to let that money. Stay in there and grow but you you actually pointed out a risk in there if you lose your receipts at any point. That's gonna be a tough one. You get new receipts which later in life you most likely will have more medical bills. That'd be fine you can pull money out that way. The other thing is legislation change..
"one hundred thousand dollars" Discussed on CRUSADE Channel Previews
"I've even had people on the true money. Show talking about all currencies about alternative countries that have popped up here there and everywhere and while i don't knock any of those programs are usually done at a city level and they're usually done really not much as currency as there are some kind of coupon system which is fine too But i think the reason they stay limited and they don't really get more expansive is because we really don't have a lot of production going on meaning you don't need a medium of exchange which is what money is or currency is unless you have things to exchange and i think that's been a big big weakness of this new currency kind of movement right again like even the cryptos are having trouble with this like you know. Nobody's adopting them and using them as currency so. They're all just speculating on the price. Of course he bit him up to one hundred thousand dollars therefore no one would ever spend one for the chance that it would lose gain more value. It's getting kind of ridiculous actually so but you get the point right. There's nothing you don't need a currency unless there's something in the current to exchange so that was kind of part of my talk but the bigger part was this but we don't have to sit around and wait for some magical moment to say. Oh maybe we can have currency now we could work towards that end so for the last whatever fifteen years or so in my private financial services business. I've been helping people become their own bankers the idea being this that If i could make someone healthier in the financial sense meaning i give him strength financially. He's not a wage slave. He's not always waiting for the pink slip from the boss and then all of his world would come crashing down in other words. I make him a little bit. More self reliant. Because he's a landed class person with some wealth behind his name. My idea being well. If i can make enough of those individual cells in the body of christ stronger maybe the body of christ as a whole would be stronger right. Well i've been fifteen years at it. I hope it's helped. I believe it has. I know certain families have been helped enormously. I know my in my own. Life has been a big instrumental thing. I know mike's bisnews. He's used this concept to great advantage. So i know. It's helped people but i thought because the congress came around it's time to up the ante. It's time.
"one hundred thousand dollars" Discussed on Leon La Grey Podcast
"Nfc's once you put your art or a peg on the block chain and if people have demand to buy that nfc then people are going to go ahead and snag on. That's which by way i will say about. Anna teases unkind different entities. Like i like to concentrate of it. But i know that i ever ever going to get into a hobby on entities and even for me is almost kinda describing like a valuable collection like pokemon cards right just as an example pokemon cards always has a value and depends on what card you own Let's say eighty holographic charge. You know that If you found the original chart. Dan dot chart will hold on a. I'm a big mouth later later on. And you're going to like the fact that you're gonna even have that physical jakarta eve hold for about what how long you've hold it for twenty something years and then you're going to be making one hundred thousand dollars back after you've on from the original pack since the nineties that's how i con- describe entities by except all of this is digital so you don't own anything on a physical value not like that too and that's kind of weird thing about an f. Teases to me on the person that hold like to things by hand It's like i am ahe still a big Com book fanatic. Even though i haven't gotten into the complex scenes in forever..
"one hundred thousand dollars" Discussed on Venturing Out
"Reynolds The waco serial entrepreneur educator and friend of the show. I don't know if i'd call myself the serial entrepreneur of waco but definitely one of the mixture. Have me back get. thanks for being back. There are a lot of obstacles that stand the way of starting a successful company and lots of our listeners are young and they have to deal with things like limited access to capital no cash flow lack of experience and much more so for perspective. How would you recommend someone go about starting their own business. So i wanna start. In one of the point raise which was lack of experience. Everyone has a lack of experience at some point in. Don't let that be the thing that stops you from trying something new. I'm not saying you should take your life experience in a bunch of money for other people and try something big again. I think we're talking about. How do you overcome that. We ought to gain some experience. So i think my advice at the end of the last podcast was just do something that i want to reiterate like lack of experience is irrelevant at some point. So just try. But i recognize. It's not as easy as just doing that read. You can't just try. Access to capital is one of the things that entrepreneurs of any age often cited as one of the biggest hurdles to starting. Whatever idea the half whether it's supposed to be small business or a billion dollar unicorn or a part time hobby. Or whatever. And i want to say that i again. I mentioned this a little less absurd. we've almost. We've built this bizarre narrative rather people successfully raise tens of millions of dollars to build companies like most companies aren't started that way and so If access to capital is a problem i would encourage you to find a very cheap inefficient way to test an idea and hopefully builds cash flow. What does that look like. Well really successful. Man that has mentored gotten to teach with Will often say that's awesome that you said you need one hundred thousand dollars in twelve months to figure this out. Can you do.
"one hundred thousand dollars" Discussed on Passive Income Project
"A really quick math one. But as you said if you do that math alvarez over seventy or eighty or even naughty again more importantly there yet in needs really focus on that debt repayment and managing. Your cash loyd is the most critical pot getting that down like being really intention with how you spending without wise so he can get this or not. You can start that investing a guy. So that's you right now and you're thinking out need to listen to the rest of this podcast his to phospholipid to the last two minutes and listen to the last two minutes. I'll talk through a video training. Its around the four factors you need to maximize your cash flow follow that watch that because those things in place will help you. Yes superchargers saving now. All right so that's step one. We're to be building eric reid. We've got crates productive. Spice to what do we do. Now yes let me go about setting up. Investment loan or line of credit sometimes use basically an investment larne that is secured against your harm. That is using some of that productive. Equerry agree i guy. So let's say that five hundred thousand dollar mortgage against a million dollar home at bay that you borrow another one hundred thousand dollars on top so the total debt is six hundred thousand five hundred thousand is still your mortgage and hundred thousand dollars is invested debt which takes me to step three jump straight to the next one is then using that hundred thousand dollars to buy a portfolio. Build your portfolio. So this is where. We're talking about getting tom to work for you sooner. Because you're not having your saying co. I've got some productive space so let's get tom working for us right now. This is critical. Yeah and martin obey that your in applies rotten now where you've got that hundred thousand or two hundred thousand productive space. You might be at seventy percent on the dot and the next five thousand that you pay down. You could borrow it five thousand personally. I like to get down to sixty five percent. And then stop from their new malabar up to seventy percent and really this comes down to understanding your appetite for risk as well like how comfortable you are how you sleep at not a you might actually prefer having ya a ceiling of twenty percent thirty percent extra comfort. Yes a montano tops..
"one hundred thousand dollars" Discussed on Agent of Wealth
"For the nonprofit to achieve its mission and upgrading. Financial system requires some investment upgrading. You know conducting an evaluation requires some to hire the uniter. And so i think it's important to recognize donor that supporting the capacity of nonprofits who they end and building those trusting relationships with the executive directors so that you can resource them to do the work that they need to do. Of course you know. They should be accountable to delivering on our mission to achieving the results that they're sending out to but duck. I think it's better to support them to be able to do that. Effectively than to kind of hamstring them and hobble them along the way by just kind of forcing them to chase money and get into almost enough but not quite the amount of money that they need to be successful so that's one The scarcity mindset and the scarcity mindset applies to donors themselves. Meaning you know. i think that. Have the greatest. Impact is a philanthropist donor. Whether you're giving away a thousand dollars or one hundred thousand dollars is that you need to invest in yourself. You need to invest in your own learning You know taking the time to understand your community in the issues taking the time to understand the nonprofits. You're supporting reflecting on your experiences at donor in. What you think is working. Well not well. It doesn't require a lot of money to do this you now. I don't mean like investing in yourself. Or i don't mean like taking your family on a family retreat at the four seasons in maui. Which would be lovely. But i mean like taking the time to have a family meeting and thinking about like maybe so that they can help you with that process and no an also kind of thinking big thing about. Yeah maybe we only have ten thousand dollars to give but if we partner with other funders our community we can leverage that and create one hundred thousand dollars to have a greater impact and i can see even strengthening the family You know it's something that everyone's doing together. There's buying everyone has input in and yet definitely be a good family activity. Yeah i mean i believe. Is you know financial wealth advisors family offices state planning attorneys to that how you.
"one hundred thousand dollars" Discussed on Capt. Hunter's Podcast
"No trade stance you stand standards somebody else house. But you want me to be this big. I cannot help you take you and your family if you're not willing to do it yourself and that's what i'm talking about ms danielle so i want to keep on with this with this idea of respect and Doing it yourself finances and everything like that. I you should issue. I'm sorry is that important. How important is that mike warm. Shell said she doesn't want anybody. That's broken any way shape or form espec- money. Why how important is it for for for for for amanda have money and how does that apply in. How did you approach that as a woman. Do you feel the need to make money. Because a man isn't or or what's what's your thoughts about that. I feel like And nate league. They need to have that. They got themselves. i. I feel like i shouldn't have to four. She went to One of the more ambitious and driven. It's not in that you have to immediately know ask man. I gotta be financially secure before approach the situation. I may wanna take her out one day. I may wanna born occasion. I may want to pay a bill whether it'd be the cable bill. Whatever half the mortgage on the mortgage whatever. I wanna be a weatherman. It'd be like okay. This is my presentation through the situation. And you can't do that for somebody is thriving. It is going to be real real difficult. You wanna have Some so serious issue. So i feel like men they they definitely want to engage with me on professional. I got two careers. I got going on. You know what. I'm saying you come to the table with me. You gotta be able to You don't gotta match my but you could be blue collar but you gotta be able to consistently financial fable. It can't be like oh man this. This didn't work out. So i i don't know what do i can't go that it. I've heard women say that. But i wonder about that. Do you really respect a man who's not making one hundred thousand dollars a year and he's bringing thirty you can you. Can you really respect him as the head leadership and all this stuff that.
"one hundred thousand dollars" Discussed on The IT in the D show: This is what happens when geeks, alcohol, pop culture and current events get together
"I you know we're sitting here on zoom. I love the story. That came out of california I i've been on enough School board meetings that. I'm surprised this hasn't happened here. Given some of the shit that's gone An entire school board from california has resigned Because they weren't aware that they were already broadcasting live out over the internet and they were talking shit about parents. My favorite line was. Is this thing public. i believe. That's the exact phrase. Yep and then like ooh and then click. Click click click. Click to everybody goes dark Animal housing bachelor party now. The donkey both horse the horse. Okay yeah one a funny business here. Yeah you can't like. Here's the thing like i'm on the auburn hills tax board and it's all been teams meetings since covid hit and i'm on my my ass buttoned up. Yep it's all public y'all gonna you know. What am i going to tell the. Only time i ever. I cracked a joke and i just told everyone i go. I'd like to for the record. Strike that i'm very disappointed in all of your quarantine beards like what is the so. That's the meeting notes from one of the more right risque. Like you're you're at a school board. You're on one of those calls or go to duffy's and talk shit about the parents never never in front of cameras for the love of god. Oh oh We again continuing stories Robin hood Is now facing At the time of the article publication ninety lawsuits From it yeah well. That's that's that's a lot of lawsuits. I know but i'm good. I know a lot of them. I think are a class action or people people doing it. but again you know you have the right to health service to anyone like is it Is it a You know do. They have home depot rights. I don't know yeah we have the right to your service. Yeah who knows. No because it's is it a pri- it's a private business it is but it's s. It's under federal regulation. Yeah so. I don't know where. I never like the last thing. I'm gonna do read. Sec regulations on online trading companies. But i'll be jack. Kill me now. I'd love to see how this shakes out. It's going to be well. And then in the same vein. I am very curious to see how there was a lawsuit filed. Hold on a lot. Because i just want to add to it so like here's a lawsuit though like what happens if they were gonna say like. Hey i was going to buy game. Stop at twenty four bucks at one hundred thousand dollars on it. I couldn't trade. It and i was going to sell at three fifty..
"one hundred thousand dollars" Discussed on The Shawn Harvey Morning Show Podcast
"Rose right like with addiction. We both suffer from even to this day but barbeque alone. Is he really addicted to gambling in a bad way or is he working gambling because he refused the lawyers and everything and had a all money full lawyers. That doesn't sound like somebody to me. That's addicted shan and they can't get the money I could see he lost job. You can get the money up and have to go into leshan. Said he had all these programs phones. He's in area right now where he probably just up but there are times where you won't be up and you're going to be down. People do the average person cannot make profession from gambling. In fact there are some pro. Hana rural they said. In fact there are some pros that makes six or seven figures annually with the game however the vast majority of pros these days earned between forty thousand and one hundred thousand dollars per year. Plan is mostly what poker occur so you play poker you making between thirty and one hundred thousand dollars a year. Okay all right well. I'm just seeing job. He was making like seventy five thousand dollars years. So when i got the benefits to go with it. Bobby if you make this say you may home road. We're just doing it out safe. You playing poker and you making eighty you set between thirty. Let's let's go. Let's say seventy thousand dollars seventy thousand dollars. You can have your own benefits and your own retirement plan at eighty thousand dollars. You create that yourself. People says you people would say they wrote railroad. You're not gonna believe this. You can be individual and make your own money and have your own retirement plan. You can actually do on your own with the companies that can do that for you. Yeah we can actually start a business. Make money with your business.
"one hundred thousand dollars" Discussed on As UnFake As It Gets
"Couple was arrested for feeding their child. Only fries died from nourishment while you're getting fed with fries and same o.'neil debtor. I mean i'm no parents get locked up negligence. But i don't think we've done it on purpose. You only our. Let's hope like maybe that load. I had a look at one time literally all he would eat mcdonald's and he will he was like so a we'll to see like he was like he got his hands. Like one of those situations to where i guess he got. He got his way without trying to put it like it like he didn't he didn't have the though new his now he could say you need to eat their soup. Affreux just like the payers. Aga do build mogae fed joel. The versus would fit disney. Fifty would win hands down. Know you know you if people had sit in thank could fit the bt. Ah you know it could be very. Johannes hands down literally about sixteen four big federal gusmao's. I'm called asia underrated to saga for sixteen to four nba. Young boy under fair investigation. For what i knew they wouldn't see note says for re conman pretend to be bruno mars. We've seen this. You heard about this idea. I thought that was fucking amazing. Every got called but he did common pretended to be bruno. More sues woman for one. No not sues. Excuse me i'm sorry. Scammed her misery in my own henry man pretending to be bruno mars scams a woman on a one hundred thousand dollars a texas woman to fake bruno toward any of these leaders money for expenses on the tour and when the tour ends i will move in with you. We could get married. She like bro. You got to know. Billionaire may grow. Gotten back home bro. Yana plays you broke my hainault. Inhale back abreu bruno. Mars wanted to like maybe the time in the top five singers. Flip.
"one hundred thousand dollars" Discussed on Casandra Properties Real Estate Podcast
"I television so i was building my network through meet ups. I'm sure you know meet up. So i i did a lot of events in the city on in midtown downtown's connected with a lot of investors way. I met certain people certain people where they were news. Real estate hours. So i was finding the property. So i was the brain whereas like sourcing the properties looking for markets are putting the bills together and i would find people with money that had the money To rehab the property. So i had the money to buy but i didn't have money to rehab it so look for that person but i have these properties set up we. I'm like hey band. I have a great deal for you I got this deal for one hundred thousand dollars. I'll buy in yukon with the rehab money. I'll make you a capital investor..
"one hundred thousand dollars" Discussed on BiggerPockets Real Estate Podcast
"Is how do i make your life easier. And how do i make you more money. And then we'll talk about what i'm worse i was like that's right now. Don't even know what you're worth right now whereas most people they just come to you in. They're like i wanna raise. And i want more vacations and when you say that to the boss the opening the boss can think of is so you want more of the profits of the company and you want to do less work. Explain to me. Why is a good idea for the organization. I it would be great if people are like. Hey listen i. I would like to make the company another one hundred thousand dollars and therefore if i made an extra five to ten thousand dollars i really think it would be justified but this is not how people think they don't think like an owner. They people are typically thinking. Mimi how get more time away. How do i do less work and make more money. And that's i don't know how that got taught to people. I don't know where that that behavior is learned from But you gotta my advice even for me. Like i might be the boss but i still have to go out and get business. I still have to negotiate with broadcasters and sellers and you know a sponsors. like i'm out there hustling. I and i think the most important skill for people to have his sales believe it or not. I think everyone agree though how to sell. But you know. I would never go to a broadcaster and say hey you need to pay me more as a host and i wanna do less shows. I usually go to the broadcaster in. I say i'll do as many shows as it takes for you guys to generate enough enough revenue to pay this license fee for my shows and i've i am not if we can't bring in the ad revenue. Then please go get you know. Go get a different hosts been the first to say it..
"one hundred thousand dollars" Discussed on Digital Hospitality: A Cali BBQ Media Podcast
"Was pretty technology that can predict the future customer demand by the hour and then scheduled the hourly workers to Meet that customer demand. You know leading to a balanced solution. Where employees were getting stressed out Because you had enough A not too many because they don't want the tips to get Done at the same time in businesses aren't paying too much money and customer. You're happy and most importantly customers were happy because that they were getting customer service which was consistently Good i did this This is my fourth company upgrade. The few of this product given the tools and but what we're available at the time And last company again. I did the same thing. But i did it with Tools that could let me do with scheduling for the likes of business. Seventy thousand people orlando forty thousand anaheim Fourteen thousand hong kong Also big banks. The olympic games believe it or not because they all have by this problem of making sure they have their flexible workers Scheduled when the customer customers were there in doing that. john what i discovered. Is that the predictive text when it went to work and it really did. It's magic all. These businesses became aware of. Need of what i would call peak boys meeting for peak hours of their business. They needed hourly workers just for a short duration. Say three hours maybe two or three times a week and then there was a little bit of a challenge to find workers do that but the bigger challenge was nobody would stay Because nobody wants to work two days a week three hours hours. Something gotta like that and so we looked at software and we made the software so that would share leans across departments and locations and string people so people at dizzy for example got writing room service in the morning. Then helping you with the bags afternoon. because naturally was the beat was checking cows in the morning. Everybody uses the power so they want to go to room service rather than go down and eat breakfast. And and then. When i was doing this i kept in mind that there will come a time where i can build his acknowledging. Remember this technology. That i had that are sold meetings. Big companies price tag started in one hundred thousand dollars But i knew there was only.