40 Burst results for "Tiktok"
A highlight from Prioritizing American Families: A Disconnect with Career Politicians with Stefan Mychajliw
"American families are struggling to put gas in their car to pay six dollars a gallon. They're struggling to buy milk and eggs and groceries. People are really hurting in Joe Biden's America. The difference was crystal clear on that debate stage. The vague ramasami talked about his positive America First vision of how he's going to improve the American economy, put money in the pockets of people. Ladies and gentlemen, distinguished guests and my fellow citizens, America's comeback starts right now. We are live with Vivek Ramaswamy, deputy communications director and friend of the financial guys, Stefan Mihailu. Stefan, how are you? That's right. I'm a financial guys client and deputy comms director for Vivek Ramaswamy. I say that's a great one -two punch. That is. It's a great thing. So tell us a little bit about the overall feeling from Team Vivek or the Vivek camp, I should say, about the debate this past week. Well, I actually drove over with Vivek Ramaswamy here to the Reagan Library and there was a mission to do two things. One, let Vivek be Vivek, be presidential, be above the fray. We knew the attacks were coming. We knew the career politicians on that stage were going to attack Vivek Ramaswamy. And why? Because if you're, you know, getting kicked in the rear, that means you're out in front. So we're wholeheartedly expecting attacks from career politicians is exactly what happened. And so I'd be very concerned if a lot of the career politicians on the stage did not attack Vivek Ramaswamy. They did, and we are more than pleased with his sharing of the American people, what his America First vision is to build on the success of Donald Trump, to build on what Donald Trump laid down that foundation with Vivek Ramaswamy as a candidate for president now in 2024. So you mentioned being the hunted, and I talked to you at a different interview about this, but in debate number one, Stefan, people were trying to just learn who Vivek was at that point, right? He had a couple of zingers. He had a pretty good performance in debate one, but as debate one ended, he was getting attacked and mauled by everybody on the debate stage that night. And then debate two, they started right after him right from the get go. And I do agree with you. I think that was a very interesting thing to see. Hey, you know, and I'll tell you, Ron DeSantis didn't take that right. That beating that, or that, that try to take a beating like that. Nikki Haley didn't, Tim Scott didn't, they were going after one, well, two people, Donald Trump and Vivek Ramaswamy on that debate stage. I was really shocked at the fact that now Chris Christie has a potential running mate in his campaign of vengeance and anger and grievance against Donald Trump. And it's Ron DeSantis. Ron DeSantis attacked not only Vivek Ramaswamy, but Ron DeSantis attacked Donald Trump and Vivek Ramaswamy appeared presidential. He's staying above the fray and he's letting the American people know he's not running against Donald Trump or Ron DeSantis or any politician on that stage. Vivek Ramaswamy is running for the American people. So while we were in the green room, basically watching the debate unfold, we were very thrilled that all the queer politicians went after Vivek Ramaswamy and look, it's no different than what the queer politicians did in 2016 against Donald Trump. History repeated itself. The fact that they were going after Donald Trump in 2016 and they're doing the same thing with Vivek Ramaswamy. So let's look at a couple of those attacks that he received, Stefan. Number one was the TikTok, the TikTok attack with him doing a video. Was it Jake Paul or one of the Paul brothers? Many of the candidates on the debate stage had an issue with him doing any type of TikTok due to the China influence with TikTok. Your thoughts on that or Vivek's thoughts on that? Well, look, Vivek Ramaswamy did business in China. He saw how basically dirty and crooked the process was. So what did he do? As he said on the debate stage, he got the hell out. Now compare that with Apple and Nike and LeBron James who stayed in China, who's profiting from China. So Vivek Ramaswamy says all the time he is going to declare independence from America's greatest enemy and that is communist China. And who better to take out an enemy than someone who knows the enemy. And so as far as TikTok is concerned as well, look, Republicans, shockingly, are in the business of basically not playing within the rules and parameters of a campaign and letting Democrats run all over us for the past few decades. The Democrats are on TikTok. That's how you reach young voters. And that's exactly what Vivek Ramaswamy is going to do. Play by the rules and reach young voters. So I want to ask that question because Jake Paul actually tweeted about Vivek this week about this exact issue and I agreed with what Jake Paul said. The majority of young people between the ages of let's call it 12 and 30, their primary platform is TikTok, right? I mean, that's where they are. And was this totally calculated by Vivek Ramaswamy to get into that voting base because everybody's on Twitter, everybody's on Instagram, but TikTok and everyone can have their feelings on TikTok, Stefan. I don't personally love it either, but was this a calculated move? Vivek has feelings on TikTok. He is crystal clear about empowering parents to make sure that kids 16 and under are not on any social media platform, because as he says all the time, we don't like kids engage in highly addictive drugs like alcohol or tobacco at a very young age. And so Vivek Ramaswamy, his president, says he'll do the same with social media, empower parents and make sure they know that their kids are not on any of these platforms when it comes to running for president of the United States, you have to talk to voters in every means necessary. The Democrats are taking advantage of this medium and so too is Vivek Ramaswamy. We're here to win an election and talk to young voters. That's the way he's doing it. Before we get into the specific issues of the debate last night, I do want to talk about two quick things. Number one, what was Team Vivek's thought about the way that that was moderated, the way that the debate went? It looked very sloppy from afar. I was not in the room. I was not there like you were, but it looked very sloppy. It looked very messy with people talking over each other, people going over on their time, the moderators not asking pointed questions, getting lost in the shuffle. What were the thoughts from Team Vivek? Well, look, as a former news anchor, I know how hard it is to basically try and round up feral cats and get them to play by the rules. For the most part, Vivek Ramaswamy did. The most important rule that he honored was Reagan's 11th commandment, speak no ill will of a fellow Republican. That was the most important rule when it comes to either the moderators or the debate platform or being here in Reagan's presidential library. Don't speak ill will of a fellow Republican. Vivek honored that commandment. He talked about his positive America First vision, how he's basically going to increase and strengthen GDP growth, strengthen and protect the border using the US military to bomb cartels, keep us out of World War III, all the other career politicians on that stage just in the same way they treated Donald Trump in 2016. They wanted to attack and attack and attack not only a fellow Republican, but a business owner and political outsider. It happened eight years ago in 2016. It happened again in the second GOP debate here at the Reagan Library.
Fresh update on "tiktok" discussed on Bloomberg Daybreak Asia
"CEO of the bank Jamie Diamond was saying today that JPMorgan is taking steps to build out its business of servicing startups and venture capital firms. Now this follows the failure earlier this year of two prominent San Francisco Bay Area banks. Here is Diamond speaking earlier in an exclusive interview with Bloomberg. We unbelievable have products and services to bring them. Digital, consumer, subscription Financing, Globality, Research, you name it. But we have to deliver to them in a way they actually like it and they want it. We're organizing around it. If you speak to a bunch of people here, you hear them talk about, you know, we're adding, we just took out a whole bunch of new space Palo in Alto. We hired John Cena, one of the top people at Silicon Valley Bank, organized around the innovation economy. We'll get it right. That is Jamie Diamond, the CEO of JPMorgan Chase. Now, separately, he went on to say, The market for initial public offerings is open for now, with markets healthy and the economy still in good shape, although it may not be for everyone. Well, get ready for a new space in your Instagram feed. Speaking here of Fed chair, Jay Powell. It was on Monday, the Fed said it would join Instagram and Threads. This will help boost the Fed's social media presence to seven platforms in total. Now, the Fed said it launched these new accounts with the hope of increasing accessibility and the availability of news and educational content. Here is Powell in the Fed's first Instagram post. October is National Economic Education Month, and throughout the month and beyond, we'll be posting here with information, links to events, and other resources about how Fed decisions affect you, your family, and your community. That, of course, Fed Chair Jay Powell. Now, the Fed is already on X, formerly Twitter, as well as Facebook, YouTube, Flickr, and LinkedIn. The Fed has yet to join TikTok. Well, a bipartisan team of U .S. senators is hoping to meet with Chinese President Xi Jinping next week during a visit to China. And during this trip, we are told the Senators Mike Crapo and Chuck Schumer are planning to raise the issue of Micron technology and the company's ability to do business in China. You might know that Micron has been facing an ongoing probe by China's cybersecurity administration. Now, the senators are planning to meet with the U .S. business community in Shanghai. Sources The White House is fully aware of the senators' plans and the White House is encouraging them to go. Now, this visit comes as the U .S. is seeking to smooth ties with China after months of escalating tensions. Separately, the U .S. is hoping to arrange a November meeting between Presidents Biden and Xi at the APAC summit in San Francisco. We are at 32 past the hour as we get global news next. And we begin with Republican Congressman Matt Gaetz formally moving to remove Kevin McCarthy as House Speaker. Let's get to Ed Baxter in the Bloomberg Newsroom. Eddie? Yeah, he's not just blowing hot air. He's actually going to go ahead with this thing, Doug. Now, we'll see how far this goes if several members the of Freedom Caucus are saying they will not support it. He is moving on. This kind of move has not succeeded. It's been tried before, not succeeded in a century, but then, of course, this is three and who knows even what the new normal is. Now, he's claiming now that there was a side deal between McCarthy and President Joe Biden about funding Ukraine. What was in the secret Ukraine side deal? What commitments were made to President Biden to continue President Biden in exchange for doing things
A highlight from How To Turn Your STRESS Into SUCCESS!
"Welcome to Real Estate Coaching Radio, starring award -winning real estate coaches and number one international bestselling authors, Tim and Julie Harris. This is the number one daily radio show for realtors looking for a no BS, authentic, real time coaching experience. What's really working in today's market, how to generate more leads, make more money, and have more time for what you love in your life. And now your hosts, Tim and Julie Harris. Welcome back. Today we're going to be talking about how to turn your stress into success. Here's a simple fact. All of us, no matter how organized you are, no matter how drilled down your schedule was, no matter how perfect you think you got things going for you, you're going to experience stress. It's normal, but how you react to the stress that you're experiencing, that is something that you can actually control to a great extent, not 100%. So what we're going to do today is we're going to go through, it's going to be a two -part podcast. We're going to go through a system where you can essentially acknowledge your stress. I'm not going to say manage your stress or manage your time, because those things are often unmanageable, and the very prospect of trying to manage either actually causes you more stress. That's true. Which is ironic. But what we're going to do is take you through a process so that you can really turn what mostly is an unconscious reaction to something external into something that you will find that you can derive power from and focus. So get ready to take notes, and as always, all of our notes are available down below in the show description. If you're on iTunes or YouTube or, hey, we're now on, what's that new video platform called? I forget. Anyway. Something new. Something new where videos actually are also living. And all the other, Spotify, Amazon, everywhere. We're on Google Listen and everywhere. So yes, everywhere that the podcast is listened to, you can also find the notes for our show. We oftentimes will put all of the notes that we're using. Notes are all copywritten, of course, but at the end of the day, we want you to feel free to use these when training your own agents or maybe your small brokerage, whatever. This content is designed to help you first, and then hopefully you're going to help others with this information as well. And while there also, there's a lot of links in the show description below, and you can join the premier coaching program. There's information about our eXp Real Estate Group, which you might want to consider joining all kinds of good stuff. So just scroll down and it's all there waiting for you. So Julie, let's roll into your points. Yes. And it is true that one of the most common questions we get from podcast listeners and coaching clients when you guys text us or reach out, it sounds, you know, it comes in different flavors, but it usually sounds something like this. I feel out of control with my time. I'm spending a lot of time chasing after scarce listings from my buyers, negotiating multiple offers on my own listings, and then putting out fires on my pending deals. So how can I get back into control? You're wondering what's okay to stop doing, or you should be wondering what's okay to stop doing, and what must you never drop when you're feeling out of control. There's an old saying that goes like this. If you're not controlling your time, someone or something else always will. So we're going to give you a multiple step plan. It's a little bit of this is mindset, how to control your, how you're thinking about it, and some action steps. So here are things what to get rid of and what to keep. Well, I mean, just reading your description there gave me a little bit of stress, I have to say. Did you do that on purpose, Julie? No. You'll feel better by the end, I promise. I wanted to share with them something, because the thing that actually drove my stress up a little bit when you were talking about not enough listings, guys, in the next few days, we're doing a podcast that is, I think Julie is now, what, 30 different sources? Yes. I'm actually excited. And in a couple of days, we're going to do a one -part podcast, which is all of the different online sources, resources, other than your MLS, to find listings. And there's quite a variety. We're going to talk about farms, land, ranch, commercial, normal residential, vacation properties, foreclosure, everything. But what we're doing is we're actually giving you guys links of where you can go to find homes that are for sale that are not in the MLS. That's the main thing. So the notes already have, I think it's like 25 or 30 different websites, mostly, well, I mean, they're all websites, where you can click on the link and then you can be taken to a list of a source of homes for sale. Again, these are not in the MLS. And these are almost all nationwide, by the way. Right. And we're going to be doing this the next couple of days. So yes, if you are feeling stressed from not having enough inventory, we're going to cure that in the next couple of days, listen to the podcast. All right, Julie. So part one. You got it. All right. So let's see. What to let go of versus what to keep. So let's see part one. Number one, mindset check. Are you really that busy or are you just disorganized? Take a day to get real about what you're actually managing. Sometimes just dedicating a day or even two days to getting a grip is all you actually need. So don't keep telling yourself you're overwhelmed. Instead, your affirmation is that you are surrounded by opportunity. Isn't that more accurate? This is why this is the first step. When you do that first, you'll realize that your state of overwhelm is actually temporary versus allowing it to become a lifestyle. So I don't, I didn't scan your notes, but did you talk to them at all about the brain dump? I didn't. Yes. You can add it right in here. I was thinking this would be a perfect spot. Bonus point. One and a half. That's right. Bonus point. One and a half. So one of the systems that we've used for decades, especially with coaching clients, is when they're feeling overwhelmed. Take a tablet of paper and I don't know why tablets of paper where you're writing it out is more effective than if you're typing it out. Typing it out almost, I don't know, it doesn't stick in your brain as much. So take a tablet of paper. Take like maybe one of those long yellow legal tabs or tablets and then write down everything that's in your brain. Don't stop writing until essentially everything that's in your mind that you think you should be thinking about is completely cleared out and you can do personal and business and go through every single thing. So that's the first cure because what you're going to find out oftentimes is that you're going to start, like you'll write down maybe 10 or 20 different things and then you're writing them down in different versions. Like you're going to say, take in the dry cleaning and then you're going to realize that you wrote that down as the fourth thing and now you're seeing that you write it down as the 18th thing. In other words, what you'll discover is a lot of thoughts that you're having that are feeling like they're, you know, bogging down your ability to think clearly are the same thoughts. In other words, you don't really have that many things that you think you have more going on in your head than you actually do. So when you write all this down, then you're going to look at this list and there's three filters that you run all these things through and it's called do it, delegate it or ditch it. So the things that you absolutely positively must always be doing are going to be the things that fall into the five categories of the things that make you money in real estate, which is proactively generation, you know, obviously prequalifying, presenting a lead follow up, negotiating, those types of things that we teach in premier coaching. Those are the things that you should not be delegating and you have to do it. So the do it category are the things that you absolutely positively should leave on your list. The delegated category are, there's lots of things you could be delegating, lots of things you don't have to be doing. Lots of things that may be frankly under the delegation category are things that maybe not only not don't have to do yourself, but maybe don't need done at all. In other words, you put them on your list, you thought they were important. Somebody told you they were important, maybe even, and guess what? They aren't important. So get rid of them. And then the last one is ditch it and that's where essentially the lot of the things in your second, you know, the delegated part, they're going to go to the ditch it category and just completely remove them from your list. Or another thing to do is if there's longer term projects or things you wanted to be doing, write them on a completely separate list and then segment your list. But the most important thing is if you want to really get control, and this is a good, this is a really, at the end of the day, this is a mindset point, but if you really want to clear your brain and start feeling a resemblance of control, I did, did this just the other day. Honestly, I had a big, uh, to do list and it was, um, I keep lists. I'm a list guy. I know a lot of people have different systems for it, but lists work for me because I derive immense pleasure crossing them out. Yes, it is very satisfying. That's why it's very cathartic to take a damn thing is bought in that damn list and getting rid of it. Bye bye. That's right. I enjoy that. So that's my payoff. But there's a system. So do a delegated or ditch it, but start out by doing what we call a brain dump and write everything down and then go through it. And then you'll start seeing after you actually write everything on a piece of paper, you will feel better. You will feel some sort of a cloud will lift. It will. It really will. Then you look at all the things are floating around your head and like I said, remove the duplicates first because a lot of them will be duplicates and then go for a do it delegated or ditch it and then you know, move forward. That's a simple system. Well, that's a perfect 0 .1 and a half because remember we started by saying, are you really that busy? Are you just a bit disorganized? Maybe your mind is feeling disorganized because you haven't written it down and done the brain dump, right? So that goes hand in hand. And speaking of the do it part of the do it, ditch it or delegate it. Point number two, proactively generation cannot stop. This is the first thing that agents drop when they get even a tiny bit busy. You must actively pursue new qualified appointments every single work day. And it is the most important action that you take daily, whether you have a, whether you have pending transactions or not, whether you have active listings or not, always on every call, whether it's a home inspector or lender, a past client or a pending ask, you guys should know it by now, whom do you know who could use my help buying or selling real estate or Tim's version, which I like even better. What two or three people do you know who could use my help buying or selling real estate? So make the commitment to a minimum standard of contacts every work day, even when you're feeling busy, refer to our previous podcasts about how to list and sell the homes that you need to sell your magic number as well as lead generation from best to worst. We've done so much work on this with you guys on previous podcasts and in premier coaching. So I'm going to actually, I'm going to reinforce all your points, but I'm also going to give these guys a bit of a relief valve. I have coached people who are just for some reason wired to be disorganized. They're wired to basically be Liberty Gibbets bouncing here, bouncing there. That's just how they are. But then yet they're very successful. And why are they very successful? Because they always lean back into the things that are going to make them money. And oftentimes they have really vibrant personalities and people like them, despite the fact that they're wearing shoes that don't match and you know, things like that. All right. So how do, what's the solution when you're coaching somebody like that? The solution is not trying to find them a solution. The solution is just making sure they do to the three to five things every single day that they should be doing at a high level and then holding them accountable as three to five things and then giving them permission to be whatever the hell they want to do with their time the rest of the day. In other words, they can't, it's too much emotional stress for them to be held to a schedule for more than maybe two or three hours a day at, you know, in other words, they can only really, let's air quote here, time block two or three hours a day. So what are the things they should be doing in those two or three hours? And Julie and I talk about this on the podcast all the time, but obviously Julie's pointing about proactive lead generation. We want to talk about, you know, if you had a listing appointment, presenting, negotiating, all those types of things we teach in the coaching program. But really guys, if you really want to know how to really feel long -term control of your day, your day should come down to having mastered the art and science of really doing only three to five things every day. And those things are, in our opinion, now you can modify, but this is sort of a holistic approach to this, right? You need to be making your self -determined number of contacts per day as determined by your real estate treasure map, which we give you in the first level of Premier Coaching. So whatever your number of contacts per day, you need to be making those per day. You need to be having done all your lead follow up by the end of the day. I'm giving you a whole bunch and you guys choose which ones. Ideally, when you are very, you know, essentially advanced as a proactive lead generator, you should be setting one pre -qualified listing appointment per day. Julie and I are huge advocates of doing some sort of physical workout routine every single day, taking some kind of supplements every single day, showing overt gratitude. You know, I love you Julie, I love you Tim. You know, showing overt gratitude to the people that mean the most to you every single day. If you just basically write down the things that you have to do every single day, the accumulative effect of doing those things every single day will pay off in ways that you can't even understand. It's a multiplication effect. There's a compounding of duplicating those efforts. The obvious one being is that if you're working out and you're, you know, hopefully taking care of what you eat, you're going to see, not right away, but over time, your energy level increases, your physicality increases, same goes with making contacts. But the key to making this work is do those same things every single day and then often will come down to doing what you don't want to do when you don't want to do it at the highest level, which by the way, is the founding principle of our coaching program, but also of anyone I've ever met in life who's successful at any level. They knew that they had to do what they didn't want to do when they didn't want to do it at the highest level over long periods of time. And that's what we're prescribing to all of you guys as well, because it does pay off. So really, if you're wanting to get in control, but you're absolutely one of these people that can't be in control as your coach, I give you permission not to be in control for anything other than those two or three hours, ideally in the morning, because when you get those three to five things done every single day, even if the rest of the day is like a, you know, high speed roller coaster, it does not matter because you did the most important things. Well, that's right. That's the most important thing that you said is what you do with those two to three hours is what's critical. What you're not doing is giving them permission to just say, well, I'm just a disorganized person or go on Instagram or make a bunch of TikTok videos or do a bunch of passive lead generation or go on Facebook and take a bunch of surveys. All this silliness that doesn't lead to anything. That stuff doesn't count. Okay. So we're talking about what to keep and what to ditch. Point number three, deadlines cannot be ignored or procrastinated. You can lose a deal by losing track of time or having misunderstandings with the other side. So remember that people scan through DocuSign without really realizing what they're signing or remembering it or being able to even find it again. You can't be part of that. So use a transaction coordinator if that's getting out of control or if you're your transaction coordinator, you have to be careful with your earnest money deposits, contingency releases, inspection dates. Don't let those fall behind just because you're behind. Get clarity and or get help. And I'll tell you what one of my coaching clients does is when she does new transactions. Yes, of course, that's all in DocuSign and transaction management and transaction coordinators and all that. But in also her alarms, in her phone, she gives herself two or three day warnings. There's a contingency coming up. You've got to release that so that even if she's really super busy showing houses, maybe she's got somebody coming into town and it's a really intense appointment weekend. The alarm is going to save her butt. So that's just a backup plan. There's lots of different things that you can do. But this is one thing that you really can't blow off because it could cost you a deal. Well, I'll give you some exciting news. I know because you and I are investing some frankly, some money and time into developing some A .I. bots and apps for our different businesses, that there are absolutely people that are developing A .I. right now to work directly with the major CRM or transaction management platforms. So agents are going to be able to have an A .I. bot that's essentially going to act as a real live admin who's going to oversee the entire process. It's amazing. And ChatGPT4 and Bard and all these others, this week, ChatGPT4 is releasing a version for their paid users where essentially it's going to start using voice. So remember we were talking about on the podcast yesterday about all this? Well, the technology is here. So you're going to start having a voice. In other words, it's a real human voice. It does not sound like an old fashioned answering machine. That's good. And you know, I just laughed at myself because how many people? They don't know what an answering machine is. Right. Anyway, so back to 2023 or 2024 when you're listening. So the moral of the story is that there are going to be massive advancements in this A .I. technology that's going to make your lives a lot easier, which will give you a lot more room and time to spend on the things that matter most. That's assuming that you know what those things are and you actually know how to do them. That's what coaching is all about. And yeah, a lot of this technology is going to be coming through. I shouldn't maybe necessarily say this, but I know eXp Realty is working on developing a lot of these A .I. bots. Glenn Sanford is unbelievably intelligent about creating these technologies that streamline a lot of agent processes. And really, there's no downside. The experience is better from the customer's perspective, the agent's perspective, the broker's perspective. So all that's coming to a brokerage near you, assuming you're with Juli and I at eXp Realty. There you are. All right, now our final point for today is maybe one of my favorite points in terms of getting agents and brokers really organized and giving you peace. And that is point number four today, keeping your visual accountability, your whiteboards updated. You can't ignore that. You can't put it off, update it every day. In order to know if you are on track ahead or behind, keep that updated. Don't ignore your boards just because you feel like you're currently on track or ahead or hide out from them if you feel like you're behind. Not tracking your business is what will make you behind in a matter of days or weeks. Now, there's a rule in aviation called the one in 60 rule. When a plane veers off its course by just one degree, it misses its target destination by one mile for every 60 miles it's flown. Isn't that interesting, right? It is. You think it's just one degree. What's the big deal? I can find the airport, but maybe it's not the airport you were looking for. You're the plane. Stay on course. Visual is accountability the dashboard of your business. I have to say, Tim, I know you've had this experience too. Once agents start really embracing the visual accountability, and yes, we know you've got all this kept track of in a spreadsheet or your broker tracks it or whatever. We're talking about in your office on whiteboards in front of you. It works because it is visual. They'll say, oh, my gosh, I just feel so much more peaceful knowing and seeing I've got this many listing leads. I've got this many active listings. I've got this many pending, and I've got that many closed, which means I'm exactly three deals ahead of where I should be based on my treasure map. A lot of the stress in real estate really in life is just not knowing stuff, right? Not knowing about your finances, not knowing about what's going on inside your contracts, not knowing whether you're on track ahead or behind. It will give you peace to know. Well, the dry erase boards are the reason that obviously we know about all the technologies and all the widgets that give you creative dashboards that show you all your key performance indicators and all those things. We use those things in our business as well, but it's what Julie just said. The problem with all that technology is that you can hide from it, and it hides from you. A dry erase board, especially a large dominant one, and I was thinking when you were talking how when somebody, we get Premier Coaching clients, they'll post pictures of these big -ass dry erase boards, and they'll put them up on their walls. I'm talking about the monster ones, and that's the only way to do it because it doesn't leave any typically room for anything else on the wall. Tell them what the dry erase board should be because not everybody is a coaching client. Yes, well, they should be, and we'll tell them about that in a minute. What should you track? I like to think of it chronologically, right? Every transaction that becomes a closing starts as a lead, so you track your especially listing leads. Right. I'm looking at my wall. I want to know what the dry erase boards are. That's what I'm saying. I want to know which of them are. Okay. The first dry erase board is? Leads because everything starts as a lead. Okay. Then it becomes a listing. That's the second board is active listings. Okay. Then the last one is closings. You have one in between, pendings, and then you have closed. If your goal is to close 24 transactions, your closed board will be one through 24. As they travel through your boards, they land on the closed board, and you can see, are you on deal number three? Are you on deal number five? Where are you versus where you should be? On the closed board, sellers are in red, buyers are in blue. The other thing you can also do, and this is really fine tuning all of the accountability you have for yourself, is write down on the closed board what the price was and what the commission was, and then also really drill down on what the source of the lead was. We've talked for literally thousands of hours on this podcast of the importance of never just going by how the lead actually showed up in your life. You're going to need to ask secondary and sometimes third. What would be it? Cursary? Tertiary. Tertiary. That's right. That same question more than once. You need to ask them, who originally referred you to me? Where did you originally find me? How do we connect it? The story that Julie and I tell that seems to work is we were in our office when we were selling real estate, and one of our chief transaction coordinators was this gal named Kelly. Kelly was using a prequalification seller form, so she had at her desk buyer prequalification for him and seller prequalification for him. So Julie and I were in our office, and she was doing the seller prequalification, and one of the questions was halfway through the script was basically, so why did you decide to call Tim and Julie out for the job of selling your home? I think that was the question. And she wrote down the answer, but she didn't listen to herself ask the question, and she didn't watch herself write down the answer. So she asked the question two times in a row, and the first way that they answered it was like a sign or whatever. And then she asked the same exact question, and then they answered it, and we watched as they wrote down that it was a referral from so -and -so. And so that was the real tip -off that if you don't ask for what like drill down and really dig into where they're or why they're contacting you, you're going to make the mistake of assuming that they basically are contacting you because of Facebook. Because what happens is that you're at Orange Theory, somebody asked you for a referral for a roofer. You're going to say, Jack's roofing, I don't necessarily have his phone number, my phone's in my car, whatever it is. But the person you're going to talk to remembers Jack's roofing in, say, Georgetown, Texas. So they're going to go and they're going to drop into Google, Jack's roofing, Georgetown, Texas. So the first thing that's going to come up is Jack's Facebook business page, let's say, or Instagram or whatever the hell it's going to be. And then you're going to message them through that app, and then Jack's going to get the message from Facebook that you are interested in having your roof fixed. All the while, Jack's going to then assume, hey, my Facebook campaign is working, you know? Of course. Look, I'm going to post more pictures of my lunch every single day, evidently that's generating business for me. Right. All the while, the real reason that Jack got that lead was because it was a referral from somebody you knew at the gym. You guys get the point? So if you're not asking those real drill down questions, you're really going to lose contact with the source of your business. You're not going to realize how much of your business comes from the things that don't cost any money, signs, for example, centers of influence and past clients, for example. People you maybe like, they could be somebody that an old neighbor, oh, you don't even know. You're going to have to ask. And that's what you'll self -discover, what Julie and I have been coaching all you guys for decades, is the percent of business comes from any kind of marketing and advertising is typically less than 10 % because most everyone chooses who they're going to use as a real estate professional, like 90 % based on the things we coach you guys to do, which cost you no money, which aren't anything to do with marketing, branding, and advertising. Don't misunderstand what I'm saying. Back to the roofing example, had Jack the roofer not had a business Facebook page and that person had gone to Google and tried to search for him, he may not have ever found Jack's phone number to actually make the, you know, to get in contact, right? So it's important that you have a presence online, but you've got to see it for what it is.
Fresh update on "tiktok" discussed on The Financial Guys
"American families are struggling to put gas in their car to pay six dollars a gallon. They're struggling to buy milk and eggs and groceries. People are really hurting in Joe Biden's America. The difference was crystal clear on that debate stage. The vague ramasami talked about his positive America First vision of how he's going to improve the American economy, put money in the pockets of people. Ladies and gentlemen, distinguished guests and my fellow citizens, America's comeback starts right now. We are live with Vivek Ramaswamy, deputy communications director and friend of the financial guys, Stefan Mihailu. Stefan, how are you? That's right. I'm a financial guys client and deputy comms director for Vivek Ramaswamy. I say that's a great one-two punch. That is. It's a great thing. So tell us a little bit about the overall feeling from Team Vivek or the Vivek camp, I should say, about the debate this past week. Well, I actually drove over with Vivek Ramaswamy here to the Reagan Library and there was a mission to do two things. One, let Vivek be Vivek, be presidential, be above the fray. We knew the attacks were coming. We knew the career politicians on that stage were going to attack Vivek Ramaswamy. And why? Because if you're, you know, getting kicked in the rear, that means you're out in front. So we're wholeheartedly expecting attacks from career politicians is exactly what happened. And so I'd be very concerned if a lot of the career politicians on the stage did not attack Vivek Ramaswamy. They did, and we are more than pleased with his sharing of the American people, what his America First vision is to build on the success of Donald Trump, to build on what Donald Trump laid down that foundation with Vivek Ramaswamy as a candidate for president now in 2024. So you mentioned being the hunted, and I talked to you at a different interview about this, but in debate number one, Stefan, people were trying to just learn who Vivek was at that point, right? He had a couple of zingers. He had a pretty good performance in debate one, but as debate one ended, he was getting attacked and mauled by everybody on the debate stage that night. And then debate two, they started right after him right from the get go. And I do agree with you. I think that was a very interesting thing to see. Hey, you know, and I'll tell you, Ron DeSantis didn't take that right. That beating that, or that, that try to take a beating like that. Nikki Haley didn't, Tim Scott didn't, they were going after one, well, two people, Donald Trump and Vivek Ramaswamy on that debate stage. I was really shocked at the fact that now Chris Christie has a potential running mate in his campaign of vengeance and anger and grievance against Donald Trump. And it's Ron DeSantis. Ron DeSantis attacked not only Vivek Ramaswamy, but Ron DeSantis attacked Donald Trump and Vivek Ramaswamy appeared presidential. He's staying above the fray and he's letting the American people know he's not running against Donald Trump or Ron DeSantis or any politician on that stage. Vivek Ramaswamy is running for the American people. So while we were in the green room, basically watching the debate unfold, we were very thrilled that all the queer politicians went after Vivek Ramaswamy and look, it's no different than what the queer politicians did in 2016 against Donald Trump. History repeated itself. The fact that they were going after Donald Trump in 2016 and they're doing the same thing with Vivek Ramaswamy. So let's look at a couple of those attacks that he received, Stefan. Number one was the TikTok, the TikTok attack with him doing a video. Was it Jake Paul or one of the Paul brothers? Many of the candidates on the debate stage had an issue with him doing any type of TikTok due to the China influence with TikTok. Your thoughts on that or Vivek's thoughts on that? Well, look, Vivek Ramaswamy did business in China. He saw how basically dirty and crooked the process was. So what did he do? As he said on the debate stage, he got the hell out. Now compare that with Apple and Nike and LeBron James who stayed in China, who's profiting from China. So Vivek Ramaswamy says all the time he is going to declare independence from America's greatest enemy and that is communist China. And who better to take out an enemy than someone who knows the enemy. And so as far as TikTok is concerned as well, look, Republicans, shockingly, are in the business of basically not playing within the rules and parameters of a campaign and letting Democrats run all over us for the past few decades. The Democrats are on TikTok. That's how you reach young voters. And that's exactly what Vivek Ramaswamy is going to do. Play by the rules and reach young voters. So I want to ask that question because Jake Paul actually tweeted about Vivek this week about this exact issue and I agreed with what Jake Paul said. The majority of young people between the ages of let's call it 12 and 30, their primary platform is TikTok, right? I mean, that's where they are. And was this totally calculated by Vivek Ramaswamy to get into that voting base because everybody's on Twitter, everybody's on Instagram, but TikTok and everyone can have their feelings on TikTok, Stefan. I don't personally love it either, but was this a calculated move? Vivek has feelings on TikTok. He is crystal clear about empowering parents to make sure that kids 16 and under are not on any social media platform, because as he says all the time, we don't like kids engage in highly addictive drugs like alcohol or tobacco at a very young age. And so Vivek Ramaswamy, his president, says he'll do the same with social media, empower parents and make sure they know that their kids are not on any of these platforms when it comes to running for president of the United States, you have to talk to voters in every means necessary. The Democrats are taking advantage of this medium and so too is Vivek Ramaswamy. We're here to win an election and talk to young voters. That's the way he's doing it. Before we get into the specific issues of the debate last night, I do want to talk about two quick things. Number one, what was Team Vivek's thought about the way that that was moderated, the way that the debate went? It looked very sloppy from afar. I was not in the room. I was not there like you were, but it looked very sloppy. It looked very messy with people talking over each other, people going over on their time, the moderators not asking pointed questions, getting lost in the shuffle. What were the thoughts from Team Vivek? Well, look, as a former news anchor, I know how hard it is to basically try and round up feral cats and get them to play by the rules. For the most part, Vivek Ramaswamy did. The most important rule that he honored was Reagan's 11th commandment, speak no ill will of a fellow Republican. That was the most important rule when it comes to either the moderators or the debate platform or being here in Reagan's presidential library. Don't speak ill will of a fellow Republican. Vivek honored that commandment. He talked about his positive America First vision, how he's basically going to increase and strengthen GDP growth, strengthen and protect the border using the US military to bomb cartels, keep us out of World War III, all the other career politicians on that stage just in the same way they treated Donald Trump in 2016. They wanted to attack and attack and attack not only a fellow Republican, but a business owner and political outsider. It happened eight years ago in 2016. It happened again in the second GOP debate here at the Reagan Library.
A highlight from Fasting, Hormetic Stress, Protein, mTOR, and Longevity with Ben Azadi
"So this podcast is sponsored by our friends over at Paleo Valley, and I wanted to tell you about their grass -fed organ complex, which is like a supercharged multivitamin that allows you to get a full spectrum of traditional superfoods loaded with nutrients into your body faster, easier, and without having to tolerate the taste or cooking for that matter. Grass -fed organ complex contains not one, but three organs from healthy grass -fed pasture -raised cows, so you are getting a more diverse array of nutrients. Most other similar products only contain one. It's usually liver, and it's spray dried at high temperatures. The high temperatures damage the vital nutrients. You see, the ideal way to maintain the fragile nutrients and enzymes that are found in organ meats is to eat them raw. Again, most of us are not going to eat raw liver, so instead, Paleo Valley gently freeze -dries the organs in order to preserve as many of these nutrients as possible. You see, liver was coveted by our ancestors. When they killed an animal, they would go right for the liver or the heart first. Liver is considered the most nutrient -dense food on the planet. It's full of B vitamins, vitamin A, and minerals. You have heart. Again, heart was coveted as well. It's super rich in coenzyme Q10, which is so important for great energy and mental clarity. And then you also have the kidney that's in this organ complex, and that's very rich in selenium, which is great for the immune system. So when I think about the organ complex, I think about nutrients like B vitamins, B12, vitamin B2, vitamin A. You also have coenzyme Q10, you have selenium, zinc, copper. This is going to really support your energy, your mental clarity, your immune system, as well as good, healthy skin. Guys, check it out. Go to paleovalley .com forward slash jockers and use the coupon code jockers for 15 % off. Check this out today. Welcome back to the podcast. Today, we're talking about one of my favorite topics. We're talking about fasting, intermittent fasting, extended fasting. I have got an expert, Ben Azadi, and he's going to be talking about tapping into your innate intelligence with fasting, and we're going to go through a lot of common fasting myths and really the truths about fasting, intermittent fasting, as well as extended fasting. A little bit about Ben. He is the author of four best -selling books, Keto Flex, which is a fantastic book that if you haven't read it, definitely check it out. Keto Flex, you can find that on Amazon. He also has written The Perfect Health Booklet, The Intermittent Fasting Cheat Sheet, and The Power of Sleep. Ben has been the go -to source for intermittent fasting and the ketogenic diet. He's the host of a top 15 podcast, The Keto Camp Podcast, another really good podcast to check out. The Keto Camp Podcast, guys, check that out. It won the Keto Podcast of the Year in 2022 by the Metabolic Health Summit. Ben has the fastest -growing Keto Camp YouTube channel with over 150 ,000 subscribers. He also has a great TikTok channel with over 285 ,000 subscribers and over 46 million video downloads.
Fresh update on "tiktok" discussed on Simply Bitcoin
"The Daily Culture. Brought to you by Swan Bitcoin dot com. Swan is the best way to build your Bitcoin stack with automated Bitcoin savings plans and instant purchases serving clients of any size from ten dollars to ten million dollars. We love Swan because they incentivize self-custody and dollar cost averaging. What are you waiting for? Visit Swan Bitcoin dot com today. All right, I am excited for this one, guys. So Zia kind of gave you a TLDR on who he is in the beginning of the show. And personally, I am honored to have you on the show. I've told you this behind the scenes as well. Guys, if you don't know Zia's story, he's literally a freedom fighter in the flesh. You came across my radar, I think it was a year ago when you got arrested for literally being a freedom fighter, for speaking truth to power. So absolute kudos to you. But that's not what we're here to talk about. We want to talk about how and you touched on it earlier, how Bitcoin is being perceived right now in Iran and what you see on the ground right now. So what's the opinion of people over there in regards to Bitcoin? And what's your takes on this? Yeah, so this is what actually this is the main thing that people want to know about Iran with regard to Bitcoin. So how does it happen there? So how is it going on with Bitcoin here? It's like there's a lot of parts and there's a lot of aspects to this thing. So to talk about this topic. But the main thing is that you have been you had a glimpse of what happens in places like Iran, I guess not only Iran, maybe Khubab, maybe also is a bit different because of the legal gender thing and stuff. So you could imagine what happens in your own communities, but more, but bigger, but in more rapid numbers with more actually people grasping the, what do you call it? Like the advantage of having such a thing as Bitcoin in the world. So you could just look at your own community and see if this quicker, like 10 times what would happen. This is what's happening in Iran and I guess in other countries which are undergoing similar situations like the inflation situation in Iran. So one of the main things that we could start this talking about this thing is that the inflation situation. So it's like it's crazy. It's crazy. So I don't have for the lack of the better word. We just call it crazy because it's like you could just buy this phone or something for, let's say a month's work, a salary of a month's work for your mom and in a few months, not even years, it may take you like six months of income to just buy the phone. So this could just happen in a very short period of time and it's like killing people. It's crushing them. So it's very, very difficult for people to just overcome the situation here with the inflation state situation. So it's, and the inflation situation is due to a lot of stuff that you may have seen or read on the news about Iran. So there's a lot of stuff going on, which we will not be going into. It's a lot of, there's a lot of details and there's a lot of, but the inflation have made the lives of people very difficult here. And people want to grab hold of anything that could help them fight the inflation that could ease the impact of inflation on them. So whatever, if they could, if they have enough money to buy a car, they're going to buy a car. A car is not a tool here. It's not a, it's not actually a vehicle. So it's more like an investment. It's something which is very liquid. You could just, it's very easy to buy and sell a car here. So a lot of people see it as an investment, something to put their money into and expect not to lose value. But we know actually cars are not meant to do that, but it's very odd. It's happened. It is like this here in Iran. So a lot of people just stack their money in cars and there's people who buy land, gold, USD actually, cash, USD cash, they hold it here. And this is the tendency, the general tendency of people to have on how to deal with their money. And there's a number of people and it's not a small number actually. So we're going to talk about this later on so we could just discuss it. So how does this number look actually? But there's a lot of people who, so due to the accessibility of, let's use the word digital assets or cryptocurrency right now, because they see it like this. They don't think about Bitcoin. Maybe, maybe they don't think about Bitcoin in the first step, but they see this thing that is called cryptocurrency in the, like, I don't know, anywhere. I don't see social media on Instagram or anywhere, even maybe on the news or on some newspapers. They see this cryptocurrency thing and see, so how is it that a lot of people around me talk about it and they see that it's very easy to buy them and they are very accessible and they are another asset that you could buy and get rid of the local currency. So this is the, what do you call it? The, what was it? It was the Eorschom Gresham's Law. I don't remember the name. So that is like the bad money is in very rapid circulation and people just want to get rid of it. And they just go and buy anything that may actually excel in keeping their own, their value. And this, this goes on to the, this, this cryptocurrency space thing that actually is led by Bitcoin is actually have been introduced by Bitcoin, even in Iran, everywhere. And a little by little people figure out that they could day trade it or do some trading and shit like that. And they, they just harm their own. So they, they make their own situation even worse. Some, some of them do that because there's no, because they have this, they have been putting up with all of this difficult time and with the, all of this actually this, this difficult situation of dealing, keeping the value of their money. And they have been growing, there's been a growing trend of poverty and increasing trend that more and more people are becoming poorer and poorer every day here. And they just want to somehow get rich quick and anyone or anything that promises this to them, it may become, it may be very attractive to them. So they may be attracted to this get rich quick scheme that the cryptocurrency actually promises to them, but they soon find out that this doesn't happen. And we see, and now we get to Bitcoin, we see an ever increasing Bitcoin aware and inflation aware and more actually financially grown up people who are accepting Bitcoin and as a very, very good asset to be holding their, their wealth into. And this trend is happening and this is the only thing that I guess is shows that, that is very important actually to talk about, to see how the people under very severe inflation stricken situations and economies may go undergo a bit, a tough, tough process. Not a very easy to just try to come to their own senses and remember that there's no such thing as getting rich quick with these promises of, I don't know, shit coins and stuff like that and and actually anything. So there's a, there's a very big trend of like scams, not even not, not only crypto scams, anything scams here in Iran that, that is actually dependent on how people see the financial, their financial status and their financial situation. They see that they are getting poorer and they want to just get out of the situation and they are very greedy in that regard. And it depends, the scammers depend on that and there's tons of people getting scammed every day in any way you could imagine. And cryptos are another one of these scams. So and people, but just people when they encounter this thing, they get wiser and they know that this does not happen that fast and it is not a very easy solution. Even Bitcoin may not be a very good and easy solution. It's a bit of a tough one for most people who are not very well familiar with it, but we're getting there where we're teaching people, we're trying to let people know how to use it, how to store it and what are the things that make it important. So, yeah, this trend is very, very promising. I like it. So I didn't like this thing and what I saw in Iran, like, let's say two or three years ago, because there was a, there was a lot of, a lot of actually interest in check coins and cryptos and scams and all of that. And it was like maybe getting, starting to lose hope a bit, but I saw that, okay, people are now coming to their senses because they understand a bit. Whoopsie, I even see very, very trendy and TikTok style influencers in Iran who are talking about Bitcoin in a very, very correct way. And I'm really surprised. So how is it that this guy or this girl on TikTok who doesn't know anything actually about Bitcoin is saying the correct words about Bitcoin? It's like they have undergone an experience. They have actually felt that experienced it and saw what it means to the separation between Bitcoin and altcoins here.
A highlight from GENC : Innovation at the Core of Marketing with Alyson Griffin, Head of Marketing at State Farm
"Gen C is the generation of the new Internet. In Gen C, the C stands for crypto, but it also stands for creators, the connected consumer and collectibles, both digital and physical with on -chain provenance. It stands for culture and characters, the ones we play in games and the companion ones that AI is building alongside us. It stands for community and digital citizenship and the new set of transparent and trustless tools being built to govern them. These are the people who were raised on a different philosophy on how they look at money, how they look at identity, how they look at privacy and how they look at the hybrid, digital and physical spaces being built all around us. And finally, how they reimagine their relationships with the communities and companies they interact with. We focus on how brands large and small are building for these audiences. Welcome to Gen C. Avery, I have to play you the new intro that I just made for Gen C. So here it goes. Edge of my seat. All right. So you might've noticed that was me not speaking English, but I am going to Portugal next week. So that was me speaking Portuguese. And how did I do that? Well, both you and I have been experimenting with, Hey, Jen's video translation software that utilizes AI to speak in multiple languages. You added an amazing piece that you put up on LinkedIn the other day. If you speaking Hindi, I don't know if you actually speak Hindi or not. Very limited. Very limited. But I just want to throw this stat out before I want to get your thoughts, which our is old friend, Mr. Beast, 50 % of the people who watch his videos don't speak English. And so what he does is hire voice actors all over the world to be the Mr. Beast in their local areas, because he knows that for him to go as global and get as many views as he needs, he has to be in language. And so what do you think about, Hey, Jen, and some of these new tools that are coming that will allow for video translation that is not only only, audio but as you and I have both been playing with, it also literally changes your mouth movements to be speaking the language that you've selected. Sam, thank you for turning me on to Hey, Jen. My first thought was that I was going to use it to connect my grandparents along because we do have a language barrier. And while I was sad to see that Telugu was not a supported language, I was like, it's okay. I'll do it in Hindi. And I sent it and they actually thought it was real because, you know, not everybody is familiar with powers of AI, especially with this sort of intonation, which is amazing. And then I started playing around with it a little bit more. And I want to call out Hey, Jen, but also 11 Labs, which is the voice translation that is powering all of this. Hey, Jen is sort of bringing that video, but 11 Labs does the audio. And we've been working on a couple of little things with 11 Labs in different capacities. I'm really impressed with what they're building. And it's critical because only 14 % of the world speaks English, yet 59 % of the world's digital content is in English. So if you're a person who doesn't speak English, much less, God forbid, is not literate, then you can't access the amazing, wonderful world of the internet that we all know today. It's a massive thing. I think it's early days. And of course, everybody rightfully so has questions on where is this data going? Who owns it? Who's storing it? Hey, Jen is an LA based company. And 11 Labs has raised from a number of investors, including Andre Sinso. We've done some diligence on them, but I think it's early days. But this technology is insanely powerful for brands, but in the immediate term for content creators. If I was a content creator, I would be using this immediately for my target languages, because it'll expand your reach so much, enable you to connect. And by the way, it's not going to be long before that's happening on demand. In real time, I mean. Yeah, absolutely. I mean, I did the same thing you did. I recorded a video that I translated into French and I sent it to my friend in Paris. And I said, I've been working on my accent. What do you think? And he gets back to me and goes, oh, like, you're really nailing the language, you're really nailing the accent. Like, you've come a long way. I don't speak French. Because the intonation is like you, right? Right, exactly. It's cloning your voice. It sounds like a white person speaking Hindi. Like, there's some things that are colloquialisms that a local person would never say, but it sounds like how you would speak Hindi if you were very good at it. Yes. I will also say what was fascinating to me was Angelique Vendette, who I also sent the video to, responded and say, okay, here's the problem. It's speaking French Canadian. It's not speaking Paris French. And then I had other friends who because I had put it up on Instagram and for the one in Spanish, I had tagged Mexico and I said, can't wait to get back to CDMX. And someone tagged me and said, no, this is speaking European Spanish. This is not speaking Latin American Spanish. So I do think there is like a lot of nuance that still needs to get worked out in it. But just the fact that I could record a 48 second video that people in Paris and people in Mexico didn't recognize that it was AI at first. I thought it was fascinating. I think you hit it exactly, which is, oh, yeah, if I was a content creator, if I was a brand marketer and I was doing shorts, I think this is a perfect way just to get more reach for your content at a 30 to 90 second level, which should be labeled as AI also. Agreed. Definitely. Cross -country transparency, 100 percent. Yeah, we'll talk about that in a second. But I do think that anyone who hasn't played with the page and video translator or there, you can now do it just by uploading a photo and snippets of your voice powered by 11, as you mentioned. So you can actually create yourself saying anything without even having to record a video at this point. You could all do it by text. So it's pretty fascinating. I'm very excited for where this stuff is going, because this is the kind of use case that I think you and I look at this and we're like, this has a very tactical, tangible opportunity. And I think the stat that you just mentioned, only 14 percent speak English, but 60 percent of the content is in English is such a big business opportunity when you really think about that. So, so relevant. Let's pivot from there to a very related topic, which is I don't know if you saw this week, but TikTok has started using AI labeling and Reddit and Reddit. Right. Exactly. For TikTok, anytime you use one of the filters that utilizes AI, now it's going to be labeled as AI. They also are doing auto detection for people who are utilizing AI software and they want anyone who is utilizing AI for their content to have a label on it. I think this is a step in the right direction. I would love all news content also to be labeled like this, because there's a lot of stuff out there. I read an obituary that was driven by AI about a basketball player who had passed away and it said the basketball player is unliving. So that was the way that AI described him being dead, was that he was unliving. And so clearly there's a lot of stuff that needs to get worked out. But from a brand perspective, from a creator perspective, I think that the idea that we should know when things are being modified feels like the right thing. But do you think that affects the creator economy in any way? I think it's similar to how we do hashtag ad, like trust or transparency is key. We just need to be transparent about using these things. I've thought that for quite a while as it relates to Instagram and TikTok filtering because people get unrealistic like body images. I mean, yes, some of this happens in like magazines and photo shoots and all of that stuff it has for a long time. But I'm all about trust or transparency and the digital ecosystem. Agreed. And I also think there's a healthy respect for knowing when someone might be utilizing a tool. It's a productivity tool. It doesn't mean it has to be less entertaining. It doesn't mean it has to be less interesting. I think our enterprise brands, though, we're still at a place where like we can't just use 11 labs like at scale right now. It's not ready yet. It's like a proof of concept. This is how it could be going. And back to what we've talked about before, it's building the muscle for when this really hits scale, we're going to be ready. Correct. And in terms of just going back to Mr. Beast, who has these 13 actors that play him around the world, he said, our team is very actively looking because it's not cheap to do that. And he said, our team is very actively looking. He thought from his perspective and when their research that it's going to be still a couple of years before we actually see it being good enough where he's comfortable. What he said, which was interesting, is they've done some AB testing where they use the voice actor and then they'll use a cloning. And he said every time he does a cloning, people are calling out that something sounds wrong and it distracts them from the content in the video, which I think for someone like him is just really important to make sure it's landing. Totally, totally agree with that. Yeah. All right. Final story before we get to an amazing guest is Crossmint and MasterCard are going deeper together. So Crossmint powered this artist portal that MasterCard released a couple of months ago. It actually brought one hundred thousand people into blockchain. It was primarily based on music and that was also powered by Crossmint. And it seems that Crossmint and MasterCard are getting in bed together even more with an eye toward small business, which I thought was kind of interesting. Just the idea of easy ways when you think of utilizing your MasterCard to pay for something and then thinking about a reward system that can be on chain, that feels like it makes a lot of sense, right? I hit my 10th time at the coffee shop. I get a little NFT that says I'm a 10 timer and maybe that gets me a free coffee later. But this feels like a very natural, easy way for blockchain and brands to get together. And I want to know if you have any thoughts about that. Yeah, well, I love Rodry and the team and of course, Raja and his amazing team at MasterCard and everything that they've done in this space. So recently connected with Raja and he was like, I'm still very bullish on Web3. And one, I love him for saying that because there's so many mixed reactions right now. And it's amazing to hear leaders who continue to invest, continue to launch programs like their startup accelerator and continue to support these sort of Web3 native businesses, massive bands of what Crossmint is doing. And I think that a partnership between a payment processor and a minting tool makes a lot of sense because you're likely going to be paying maybe not thousands of dollars, but a couple bucks for some of these things. And having that super integrated is a great fit. And shout out to MasterCard for continuing to innovate in this space. I see them. I see Visa. I see the banks really continuing to lean in and identify these enterprise use cases that can make their customers both B2C and also B2B customers lives a little bit easier. Well, we have asked Raja to be on the podcast 27 times, so we're going to continue to ask until he shows up. So, Raja, if you're listening, we're coming for you. Avery, after the break, we are going to come back with Allison Griffin from State Farm, a big brain marketing thinker, so excited to hear her perspectives on marketing, on the metaverse, on Web3, on innovation in general, because she's such a great thinker on that. So we will talk to her after the break. Sounds great.
Fresh "Tiktok" from WTOP 24 Hour News
"New study has ranked the safest cars for your teen driver breaking developments from capitol hill this morning several big problems on the beltway like looks rain will be moving in later today good news on gas prices may be just down the road when you want to know you know you'll hear it on wtop news i heard it on wtop wtop wtop news facts matter 952 justices are taking the bench at the supreme court for the first time since late june the only case being argued today concerns the meaning of the word and in a federal law dealing with prison terms for low -level drug dealers the length of thousands of sentences year a at stake this term is shaping up as an important one for social media as the court grapples with applying older laws and rulings to the digital age it's also kicking off as ethics concerns surround members of the high court after multiple pro -publica reports uncovered years of financial ties between justices and wealthy political donors scammers are having a field day in this age of tiktok facebook instagram and youtube crooks have managed to use used be to that you needed at least 30 minutes a couple of hours of somebody's voice in order to duplicate that voice now five minutes maybe even less kim mando who covers consumer technology says and energy from c .e .o. in the uk thought he was on the phone with his boss did as he was asked and sent big bucks to a hungarian supplier it was a scam how to keep from being scammed double check any suspicious sounding call reach out to somebody else who may know that person to verify that that call is in fact real and it's not a i deep fake voice sandy cozell w t o p news meanwhile what age group are scammers taking advantage of the most you might be surprised by the answer the reaction gens from ears maybe i think that the national cyber security alliance as members of generation c are more likely to be victims of online scams than baby boomers the cleveland better business bureau's delworth erica tells why they're spending more of their time online exposure is greater one of the alliance report may lessen the impact of okay boomer one boomer fires back the millennials in generation z have the peter pan syndrome they don't ever want to grow up stephen kaufman cps news you spend more time with your foot on the brake pedal than on the gas pedal maybe you need to spend more time with the wtop traffic team tells you where the problems are there's a three car crash on the bill traffic way updates every ten minutes on the eights around the clock only on wtop news everything you need every time you listen twenty five and fifty five powered
Over 200 Auburn Students Baptized at Worship Event
"College experience like many of you so going back there you know i was expected to in be a college campus and all it'd be full of a lot of liberal kids and all that stuff and every time i walk around at the tailgates or anything else or at a basketball game there's so much love it's just i don't know if it's the author scc or but i just want you to know again like i said in the beginning of the show how much i really love and about care you all and it turns out i'm not crazy something special happened at auburn this past uh it was a couple weeks ago something really special and it reminded me again that when we're all down and out we're thinking gosh man it's over we're losing this fight we're getting our asses kicked we're not we're not we may be fighting back slow we may be taken battleground by the inches rather than the foot but we're not losing we're winning we're just winning slow we need to win faster but we're winning i want you to listen to this this happened at auburn a couple weeks ago this is a tiktok guy narrating it this will warm your heart check this out what just happened at auburn university 5 000 students show up for a night of worship at auburn's basketball gymnasium and that's when one of auburn's football players was was so moved by the holy spirit that he told his head coach hugh freeze that he wanted to get baptized so they made their way outside to the park they wade out into the water they performed this baptism and all of a sudden more students began to come into the water one after another to get baptized totaling up to over 200 students getting baptized if you believe that the holy spirit is still at work comment god is good and subscribe or follow for more well i may not be able to subscribe and follow but i can tell you
Fresh "Tiktok" from Evening News with Art Sanders
"20 after. Welcome back to America in the Morning. The company that makes those one wheeled electric skateboards is recalling every single one they've made. Future Motion has announced to recall after a Consumer Product Safety Commission warned people to stop using them. Four deaths have been reported between 2019 and 2021 and serious harm, including body fractures, documented. The California based company refused to make any recalls last year, but is now cooperating and adding new firmware to address safety With issues the start of a new month upon us CNBC's Jessica Edinger is in with Monday business headlines Wall Street starts fourth quarter trading this morning on this first business day of October after a rotten September. For both stocks and bonds, stocks and bonds. If you own them broadly in a portfolio, they would doubt about the same amount The third quarter in price terms that has been the dynamic yields up stocks down that being said it's still within I would argue a relatively normal band of pullback for the equity indexes themselves CNBC's Mike Santoli for the month of September the Dow was down 3 % the S index &P 500 was down 4 % and the NASDAQ was down 5 % experts say it's all about variables so many you know at least near term negatives that we're still in the window in which from a seasonal perspective stocks are typically quite weak dynasty financials run in sauna but The Bulls are out there when you are down more than 1 % in August and September like this this time the fourth quarter has actually been hired 12 out of 13 times we're making like World War 2 higher almost 7 % on average on what I'm getting at to put a bow on this weak seasonals like we normally see now are actually stronger in the fourth quarter so we're optimistic we're gonna fourth quarter rally here Carson groups Ryan Dietrich on CNBC Meantime last week we got some great data on inflation some investors overlooked it rose less than expected in the new PCE report personal consumption expenditures down into the threes for the first time in two years years inflation at 3 .9 % and consumer sentiment rose in September according to University the of Michigan even with higher gas prices Jessica pink slips at tiktok what's what's going on well tick tock is reportedly replacing American executives at its US headquarters with Chinese executives as the Chinese owned company denies its beholden to the Chinese Communist Party the reason that foreigners have a hard time getting licenses for TV or radio FCC is the and has to approve who gets these licenses to broadcast to Americans and into our and homes households tiktok broadcast straight into our kids bedrooms and has never had to obtain an FCC I think the FCC should be forced to review what's going on at tiktok how do they broadcast to Americans to our kids Hayman capital's Kyle bass on CNBC on today's watch list manufacturing and construction data will be coming this morning the striking actors union SAG -AFTRA will start negotiations up with the studio alliance former president Trump's civil trial alleging he inflated property values begins today the big network late night shows will be back on the air tonight with the writer strike over CNBC's Jessica Edinger at 24 after package delivery service needs thousands of workers to handle the holidays we'll have that more and when America in the Morning continues after these messages on the battlefield there's a saying America's military men and women live by never leave a fallen warrior behind ever off the battlefield
Monitor Show 15:00 09-24-2023 15:00
"When professional soccer player Marcus Rashford injured his shoulder, he turned to Resle's virtual reality training program to help him maintain his skills and return to the field with confidence. Learn more at meta .com slash metaverse impact. Wash it in your washing machine if you have to and bring it back and put it back on the shelves. This is Bloomberg Business Week, I'm Carol Masser. And I'm Tim Steneveck, stay with us today's top stories and global business headlines are coming up right now. TikTok is a platform of the Communist Chinese government. They're collecting data on Americans every single day. Meantime, on the statewide level, 18 state attorneys general now say they support Montana's ban on TikTok. TikTok, though, is already fighting back and suing Montana over the ban. The Montana bill that was recently passed is simply unconstitutional. TikTok CEO Shou Chu. We have more than 150 million Americans on Amazon and Walmart .com. They may also face more TikTok competition overseas. Globally, TikTok Shop aims to reach 20 billion dollars in gross merchandise value this year. That's four times as much as last year. Denise Pellegrini, Bloomberg Radio. If I could be you, and you could be me, for just one hour, if you could find a way to get inside each other's mind, walk a mile in my shoes. Walk a mile in my shoes. Walk a mile in my shoes. We've all felt left out.
A highlight from Renee and Their Labels
"Hey guys, welcome to Mutually Codependent, I'm Jen. And I'm Adam. And today we have a very special guest. Welcome Renee to the show. Hello. Hello. Hello. Should we get a little button so we could have like applause? Yeah, a little soundboard. Yeah, yeah. It's lonely in my head without that stuff. It's much quieter with meds. So Renee is the store manager for our Round Rock store. They are affiliated with our store. So it's not just a random person, but that's cool. It would be weird. Store manager Round Rock, how long? It's been over a year, April. April is a year late manager being here. Oh, being manager. No, I made manager in December last year. Yeah. So when I started working from home. Yeah. It was around that time. But you've been with us a year and a half. Yeah. Yeah. It's goes by so fast these days. I really felt like the other day was just like, oh, it's Renee's one year anniversary. No, it's that's a while away now. I think you started the end of March. So there's the strain of the show so that we have the the justification for the smoking, which I already started. Hold on. Hold on. I got. Oh, that was the box of matches falling. Renee's too Renee's good for the lighters. I taste the butane. I don't know how to also describe it. I had a friend who turned me on to using matches. You wait for the little little bulb to burn. You wait till it gets to the wood and it's virtually tasteless. So I started using matches a lot more since you came over the first time. But I did think that it was funny because we had this like disco. Oh, yeah, you can taste the butane. I'm like, oh, I know what I'd like to do to avoid the taste of butane in my mouth. I'd like to make sure there's at least four or five seconds of very sharp sulfur in my nose before. Because because that's better. I mean, what is these days? What is what is? I just always I make the mistake of lighting the match when it's right under my nose. So if I were to just fix that, it's it's the sort of you try. You strike it away from yourself. I had to learn the hard way to where I was just like, whoo. Shit. Well, we aren't supposed to like the smell of matches lighting. Well, not right under your nose and not as a replacement for the subtle taste of butane. I mean, but I think it's like cilantro. If you taste it, you taste it. If you don't, you don't. So I'm not judging. I'm just being a shit. I mean, when you're not. So what we're what we're smoking straight to the show, the strain of the show today is jelly rancher. Um, jelly rancher. This is brought to you by actually, I think this is hemp living. Hemp living. There we go. It's one of the brands that we sell in the store and it is available online, I believe, as well. Jelly rancher is known as a sativa. That is 26 percent THC, a considered a sativa dominant hybrid. It's been described as happy, giggly, focused feeling with notes of berries and citrus. Beta -cariophalina is the main terpene, which is the same terpene that's in black pepper and cinnamon. It's it's a little peppery. Did you just fucking? I just dropped my cherry on the. You just dumped your cherry into the ashtray. I didn't mean to. Incense, incense. So scoop it up. Scoop it up. I don't know if that's possible. So don't don't use your finger. We have tools. We're humans. We have a lot of lead. If you know that one dies, you can just like your pre -roll. We'll probably do that. Stoners. Hey, one problem at a time. Yeah, if anything, we're we're true engineers. True engineers. Well, you said did I show you the pictures of those like super old like methods of smoking? No, that I found when I was doing the research for the Bastrop thing. No, it's pretty fucking cool. Yeah, it's basically they they carved out a hole in a. Like a like a log, I guess. And they would heat up rocks and put the rocks on the cannabis, so they'd stuff the hole full of cannabis. Like imagine it was like, I don't know, a couple inches in diameter. Like golf ball would fit in it. Right. And it was like a segment of a branch with the golf ball size hole pulled out of it. Shove a bunch of weed in there and then take stones that were heated from the fire and drop them on top. Yeah. So they were literally vaping it. Yeah. It was like old old school vaping technique. Does remind me of the time when I was actually first introduced to weed. It was at a party. And they smoked through an apple. I've done that. Yeah, they cut a hole top and bottom, put some foil on it and and went to town. I mean, I didn't smoke because I was a goody two shoes back then. But, you know, we change. We evolve. Yeah. You know, the thing about people is we can change our beliefs based on our experiences. Yeah. Truly pattern seeking if we choose to. I saw a guy in TikTok the other day smoke weed out of a headrest from a car and a car like still. Yes. And so, yeah, like he took it off. He opened he put he put his weed like down the hole of the metal on one side. Like it was his joint. So he put his joint down one side, like down. And then he just I don't something how he like breathed in through the other side and he was able to smoke. How carcinogens many do you think it was so stupid? So the headrest, oh, the head rest of your car, pulling off the headdress the two holes are and using the actual chair itself, because that sounds like a great idea to be a car made in the 70s full of asbestos. His friend was like, if you were a loved one who suffers from mesothelioma, I miss my popcorn ceilings, OK? Oh, we have popcorn ceiling looked up, actually. So we have modern popcorn ceiling. So it's not as best as terrible. I just think it's fine. I just see you look up as soon as I say that. Oh, somebody was talking about it before and she was like, was it Jackie telling us to get rid of it? I don't know. You got to get rid of your popcorn. I was like, no, then it echoes. And they're like, yeah, but it's OK. No, it's not. No, we're good. We don't own this house. So we put together a list of things to talk about. Yeah, I guess we could read it. Well, we could just kind of go through it. Yeah, we could keep the audience on edge. Keep them on edge. Hey, are you on edge? Stormy. Stormy. Lily Reagan.
A highlight from Valio - Next Generation Asset Management Platform
"Hi everyone, Andy Pickering here, I'm your host and welcome to the Crypto Conversation, a Brave New Coin podcast where we talk to the people building the future in the Bitcoin, blockchain and cryptocurrency space. Hey team, we have a new sponsor here at the Crypto Conversation, BitGet, one of the world's leading copy trading cryptocurrency exchanges, yes indeed. What happens if you've got the funds to invest but you don't have the time to keep track of the market? You still want to make smart money moves? What do you do? Well, copy trading is a popular choice for beginner traders. You can shorten your learning curve by uncovering tips and strategies from more experienced traders. BitGet's copy trading platform has over 80 ,000 elite traders to choose from and 380 ,000 followers just like yourself who are already using the BitGet copy trading platform as a potential passive income stream. All it takes is one click, you can subscribe to an elite profitable strategist, set your limits, automate your orders and monitor their trades. I've got some links in the show notes below, one link will take you through to the BitGet sign up page, give you a VIP discount. So learn all about it for yourself thanks to BitGet. And now it is on with the show. My guest today is Carlos. Carlos is the founder of Valeo, an asset management platform that connects you to leading traders and digital asset managers on chain asset management, very interesting. Welcome to the show, Carlos. Andy, thank you for having me. It is a pleasure. Let's do what we do at the beginning of the show, Carlos, it would be fantastic if you could please introduce yourself, just, you know, share a little bit about whatever you're comfortable sharing. I'd love to hear a little bit about your personal and professional story in terms of what has led you to founding Valeo. Sure, happy to. So educationally, I come from a background in mathematical finance, which I suppose was one of the reasons why crypto and decentralized open ledgers attracted my interest and curiosity in the first place. Now, as far as professionally, the first thing that I ever built was a software development company that did fairly well. That was also my first exit, solved my stake to my co -founder, then spent a bit of time working on perhaps an overly ambitious AI mental health startup. And in 2020, I founded my venture vehicle OpenHedge with the mission to advance open source finance. And at that time, I didn't have the single thing I wanted to spend, you know, the entirety of my time working on. And we were involved in a number of different things. Some of your listeners may be familiar with perhaps premium finance, which is kind of the one of the things we've been involved in the most. But more generally, I've been around crypto since 2017. At that time, I wasn't convinced that the infrastructure is going to amount to much as far as providing value to society. But in 2020, that's when the switch really flipped for me. And when it became apparent that this technology is here to stay, and that not only is it here to stay, but it's going to play an increasingly important role in how humans transact and record value. And most recently, as of roughly nine months ago, we've wound down all of our involvements to focus exclusively on Valeo, which is an asset management protocol to onboard the next 1 billion users into crypto. And the reason why we're focusing on it right now is because we need to question more the paradigms in which we onboard new users to our industry, because, you know, that's kind of the top of the funnel. I'm happy to expand on this in a second, but we need to do better as an industry. Yeah, I very much agree. So how long have you guys been building this platform then, Carlos? Yeah, sure. So we've been building for roughly nine months now, and most of that initially went into R &D because, again, maybe to kind of zoom out and start with the reason as to why we're If you think about what are the main gateways for people into crypto, they are predominantly four of them, one of those being Binance, second being Coinbase. Then in Europe, we have this thing called Revolut, which is, you know, you can think of it as something like a block or, you know, a cash app, whatever. And the fourth being NFTs. And if you think about what all of these gateways entail, or rather require is some initial knowledge about the industry and particular assets. So for instance, if you go on an exchange, you create an account, you still are left with the daunting task of knowing what exactly do you buy that, you know, what are the tokens that you want to have exposure to? And we as an industry, we take it for granted. But this is really a prohibitive barrier to entry for most users. And most users do not want to use exchanges, they simply want to have an easy way in which to get smart exposure to the industry. And so this is something that we needed to rework as an industry for a long time. And as a result, we found it valuable because we think there is a better way. And this better way revolves around backing the leading traders and asset managers in a trustless and non -custodial way. Right. So the idea is people that are potentially interested in taking some positions in crypto, but they're not perhaps that interested to spend all their time researching different projects or different traders, different types of coins. But instead they can come to Valeo and look at the different traders. I think you call them managers, right? Yeah, different managers on the platform and instead effectively back people that have talent and industry knowledge and it's a simple solution for them. Correct. So I'll share a story that is so illustrative of what people undergo a million times a year in trying to join crypto. So roughly two years ago, I spoke to a friend of mine who's a very smart guy, master's degree in physics, works in IT, all of the prerequisites to understand what's going on. And we had this in -depth wonderful conversation about distributed ledgers and all the downstream implications for society and democracy among other aspects. And he was immediately excited and he immediately understood the potential of what's going on here. And his first question was, well, Carlos, well, how do I get exposure to this? Like how do I get involved? And at that point I was like, okay, well, you know, the first step you probably take is you go on an exchange, you buy some ether and then you look at the coins that you think are ultimately going to do well. And so what ended up happening is he went on FTX, he bought a bunch of ETH and then he, you know, spent the majority of his portfolio buying coins that ended up going to zero promptly. But he thought those were, you know, based on his very limited amount of research, those were something worthy of his time and capital. And then FTX drug him for the rest. And the takeaway here was that even if you have very smart people who are capable of understanding the industry in each of the individual protocols, it doesn't mean they have the time to do it. So we simply needed a better way to make this happen. And the way to do this is to connect these people looking to enter crypto to traders and asset managers who are native to this industry, who know what they're doing. And for the people looking to enter, instead of having to analyze each individual token at length, they can simply look at the track record of the people that they ultimately intend to back. Got it. Thank you, Carlos. And, you know, it reminds me, Carlos, you know, you'll be very familiar of, I guess, the kind of the idea that for long term investors, you know, your average kind of long term investor who just puts a significant amount of capital into the market, it doesn't matter whether we're talking stocks or crypto or ETFs or whatever here, if you have that kind of long enough time horizon, then you're much, much more likely to outperform day traders who think they can time the market and move in and out of positions all the time, except perhaps for the, you know, one or two percent of those smart traders, asset managers who actually are good enough to to time the market and beat the market. Right. Well, certainly. And to that point, you know, asset managers can have edge in multiple dimensions, timing being just one of those. But the broader thing here, Andy, is that if you think about what happens when people just go on and exchanges and buy random tokens as their entry point, what this creates is this weird dynamic where asymmetrical information dominates and is very pervasive. And what do I mean by that? Suppose you're an army and you just created your account on Binance and you're looking to buy a token. You'll likely buy something that your friend will have told you about or something that you've seen on TikTok. And I know this may sound awful to some people, but this is the reality. And so what you'll end up directing your capital to most likely are a bunch of scam coins or a bunch of marketing and meme coins. And as an industry, it's not healthy for us to have these capital flows be diverted into these dead ends. What instead we want to make sure is that the capital entering the space enters in an efficient way that is conducive to the overall growth of our industry. And to your point about the long term, even if someone has a very long term horizon over which they want to allocate to our sector, it should be guided by someone. People can't be expected to make these long term allocations for themselves unless they are willing and able to invest hundreds of hours of research into this. And just as an equivalent example, consider retirement funds. Imagine a world in which retirees would have to day trade and manage their own personal portfolios that likely wouldn't be conducive to good outcomes. Right. But this is effectively what we have in crypto. And until this is abstracted away, we're going to see severe hindrance in the capital coming in. Yeah, great, great points and look not not to go on too much of a tangent here, Carlos, but it always strikes me, you know, this is one of the paradoxes of crypto. And look, there are many. But one of the paradoxes of crypto, of course, is that because the technology is essentially open source, anyone can spin up any kind of a new asset, any new chain that they so wish any time and, you know, spin out any kind of meme coin, as you've kind of talked about and put a little bit of marketing behind it and times that to infinity. And yeah, it's just it's just one of those crazy paradoxes that that we have Bitcoin and then we have Ethereum and now we have, well, hundreds of thousands, if not more potential tokens out there with many more to come. That's exactly right. And Andy, which you're describing is actually one of the root causes of the problem, asymmetric information, because if you look at this from the point of view of an entrant who just wants to allocate some capital to fundamental long term innovation, they have to scrape through a bunch of noise in understanding what is real and what isn't. And we take it for granted just how daunting of a task that actually is, because to be truly able to to analyze the things you get behind, you know, you mostly have to operate at the intersection of finance, technology, game theory, as well as the social context. Again, I don't want to use the word narratives because I think there are a shorter term phenomenon that is bound to disappear, hopefully. But again, the point being, there is a substantial amount of complexity. And so until this is curated by someone at scale, it will be incredibly difficult for new entrants to emerge in the market without them accidentally diverting their capital to scam coins, meme coins and things of that nature. And this is just something we have to tackle as an industry, because if the average experience of someone getting into Web3 is that they've accidentally purchased the wrong meme coin on an exchange and it's went to zero, even though they thought that they were backing fundamental innovation, you know, this isn't a very good outcome. Yeah, absolutely. Let's bring it back to to value then be great if you could just maybe talk us through a little bit about how the platform works. I guess a little bit more in terms of who you're aiming at this. But basically both on the depositor side and on the manager side, maybe some of the different user groups and then also like to understand, you know, how how technical people need to be if we're talking about normies that have no experience and DeFi and then can they can they come along and easily engage with value? Sure, so a few things to unpack here and just to first outline why value is different and to understand that we have to look at a bit of history of the problem, which has been as old as our industry, which is how do you make smart exposure easily accessible to people? Well, as an industry, we started by thinking, OK, well, the way to do that is clearly index product. You just put together a bunch of tokens in an index and you let people acquire those. They're curated. Everything makes sense. Indexes were tried in various shapes and sizes. And neither of them worked. But what we learned as an industry is that the reason they do not work is because things change too quickly. New tokens come up, all tokens kind of fall off the ladder of what's good enough, so to speak. Things change very quickly and most index products, in fact, all of them simply haven't been able to capture the dynamism of the industry, so to speak. So once the industry realized that, the next phase of thinking was like, OK, since things change very quickly, what we really want to have is we want to have leading traders and asset managers manage funds on behalf of new users. But but who are these top traders and asset managers? And that's where our industry is very different from from anything from Tradify, for instance, because most of the top traders and asset managers aren't your typical regulated funds that you can just LP in, and most of them are anonymous or pseudonymous traders and individuals on the Internet. So then the question became, how can you let new entrants back these anonymous individuals who you can't obviously know or trust in a way that's safe for the depositors? And so that was the question that led to the first generation of asset management protocol spawning. I don't want to name any names here, but what they all shared was this fatal flaw, which is why none of them really took off in the first place, because indeed, there were some protocols that enabled trustless asset management, but it came at the price of the asset managers being highly restricted. So, for instance, in the previous asset, in the previous generation asset management protocols, if I'm a manager, my investable asset universe is first limited to just a single network. So I would have had to choose either Ethereum, Arbitrum, Optimism, Polygon or whatever. And on the single network, I was just limited to the highly liquid tokens and to synthetic tokens. Again, not to kind of go too technical here. But long story short, the reason why this was the case is because nobody had figured out a way how to prevent managers from counter trading their own positions. So, for instance, if I was a nefarious asset manager, what I could do is I could create a private position on a private wallet of mine of some liquid token. Then I could buy it from the funds that I manage and then unload my private position. And as a result of all of this, asset management never really stood a chance because the managers were extremely constrained in what they could do and constrained beyond the point of it making sense. They simply weren't able to do a good job. And Valeo is the first protocol to overcome both of these technical limitations on a framework level. So what we've managed to achieve is for the first time ever in a trustless and non custodial way, we've been able to give our managers all of the tools that they need to do what they're good at, which is to manage their portfolios. And so and this is possible thanks to two core innovations, one of them being that Valeo is the first ever shared state omni chain system, which basically means that you have one vault spanning the entirety of networks that we support. So arbitrum, optimism, et cetera, and Ethereum. And the other thing is a proprietary security framework that we developed, which is a mouthful, but it's actually fairly simple, called the cumulative price impact tolerance architecture. And without getting into details as to what exactly this means, the key takeaway is that it allows asset managers to trade long tail illiquid tokens without them needing to be trusted or manually curated. So effectively Valeo is the first protocol to achieve the zero to one in asset management, where on one hand, you have the backers who can back any trader or asset manager without needing to trust them and without worrying that the manager can run away with their funds. And on the other end, you have the traders and asset managers who have all of the tools that they need in order to perform. And that's something that hasn't been done before. And we've been live in very early beta for slightly over a month now. And the traction that we've been seeing has been tremendously encouraging. In fact, we have more daily active users than some of the multi -billion protocols out there already. But most notably, we've been seeing that the traders and asset managers on Valeo are generating returns up to five times higher than on the previous generation of asset management protocols, simply because they now have the flexibility that they've always been lacking. So but to circle back to your question, Valeo is extremely simple. The goal of it is to be the simplest way to get intelligent exposure to the Web3 landscape. So any user, we encourage you to give it a go, even while we're still in early beta. We hope you'll find the experience simple and enjoyable. Yeah, fantastic. Very well said, Carlos. Thank you for that. Learned a lot there. And you know, I also like the way you see this a lot in DeFi at the moment. And of course, you know, Web3 just kind of like different. I guess the easy way to describe it is gamification. And like one example is, you know, talking about seasons, right? And so I can see that you intend to operate a kind of seasons model on Valeo as well, right? Correct. So there's actually a double edged sword here. What we've ended up with as an industry is this MOLOC, where any serious go to market strategy has to have this gamification element these days, because that's simply the standard these days. People need to have something to be excited about. But on the founder side, we'd much rather not do that. We'd much rather compete in a playing field where there is no gamification. So the reason we'd rather do that is because you get better signal about your product market fit. But anyways, kind of being mindful of the reality in which we are in our approach to go to market has been to introduce gamification in the right and in a way that is sustainable to truly gamify the core value proposition of Valeo, which is that as a backer, you can instead of spending these hundreds of hours of building your own portfolio, you can find the person to do that for you. And you learn things along the way, you become more sophisticated. And on the manager side, there are also a set of things we try to gamify and incentivize. But indeed, to make it more exciting, we're doing seasons. We're currently in season zero, which is the very early beta. We're just testing the protocol in a limited way. But for anyone listening, if season one is going to be really exciting, even more exciting than the season zero. And look, I'm sure that for anyone that signs up and gets involved during the beta and they're in season zero, I'm sure there is some reward for that, right? Correct, Andy. In fact, we've managed to already build a very kind of loyal and engaged community. And so what we want to make sure is that all of these early community participants and early users are rewarded generously because at this stage, they've been tremendously helpful in pointing out to us where the bugs are, what features could be improved and so forth and so on. We already have an amazing community and all of whom will be greatly rewarded for the time they spend in the early stages of value to help us refine and perfect the product. And so when do you anticipate for launch? Do you have a kind of like a set date in mind or as a moving target and you want to just get the product really, really right first? Certainly. So in its current state, Valeo is live already on all of the networks that we support on the chain, on Arbitrum, on Ethereum and on Optimism. The only distinction here is that it's still rough around the edges in the sense that we don't have yet all of the integrations complete that we want. So for instance, now you can trade Perpetuals on Arbitrum. You'll soon be able to trade Perpetuals on Optimism. You have spot markets on all of the networks. But again, there's a plethora of things that we're still adding. Options protocols on Arbitrum, notably Premia, lending markets and a bunch more infrastructure just to help our traders and asset managers succeed. And while we're in this stage of rapid iteration, we've set the vault caps to a very small amount, $10 ,000 worth per vault just to make sure we don't have to iterate quickly in a high -stakes security environment.
A highlight from Episode 66: A Catholic and Protestant Discuss Our Lady of the Miraculous MedalIncorruptible Bodies?!
"Hey, welcome back to Let's Talk About It with Jackie and Megan. Or we like to talk about things that are messy, awkward, hard, or controversial, and create a space for healing. Hey guys, welcome back to Let's Talk About It. Today we're going to talk about dead bodies. Really exciting. Also, Megan and I are in our big earring era, I guess, this episode. She was wearing big earrings, so I had to put on big earrings, obviously. So, copycat. Yeah, I am a copycat. I'm going to grab my coffee. It's down here. Yeah, well today we're going to talk about dead bodies, incorruptible saints. Very specific dead bodies. I will not lie to all of you. This is not some in -depth research. I did do some research, but mostly we're talking about this because I saw a body that's incorruptible. In Paris, when I went to Paris. So, I could tell a little bit about that story. Megan, just what's your initial thoughts on when you hear me say there's incorruptible saints? I just want to know because I know my initial thoughts, even as a Catholic. So, I think I've always been uncomfortable, but I don't because I was like talking to John last night about it as I was just thinking about it, the topic. I was like, I don't know why. I think it's more of just a visceral like, oh, it's a dead body. Because even relics that are body parts give me kind of the same heebie -jee feeling. Oh, we have this foot or we have this bone is always kind of felt weird to me. Less so than icons or relics that are objects or items. So, I think, yeah, just like very like knee -jerk. I'm like, oh, yeah. I mean, that's fair. I don't really have, I mean, I think that relics are weird for sure, but I've never had a knee -jerk reaction to them because I always think it's cool because it's usually saints that I, especially the really old saints. Recently, there's a tour going around of a bone from Saint Jude who was from like the time of Jesus, which it's like, okay, that's really cool that there's a bone from someone that was around the time of Jesus there. And I just always think that's super cool, even though it's super weird. And we're not talking about relics in this episode. So maybe next time when we talk about relics, I'll talk more about this story. I'll say this too. I'll say this too. It is not, this isn't me being like, ew, Catholics. When I have that reaction, like I have that reaction in museums. Like this is a very personal Meghan thing. Like when I see mummies, I'm like, oh my gosh. I know a lot of people don't feel that way. So that's not a statement. Like, ew, Catholics, this is gross. I mean, it's weird. Just being like totally straight up honest. That's how I have a reaction towards any, even like, I feel like it's circulating now those images of like people who were like mummify. I don't even know the right word from like Pompeii. I've been seeing that go around TikTok and like people are like, oh my gosh, this is so cool. And I'm like, ew, I don't want to see it. So that's just me. I know I sent me, I could tell Meghan, cause I sent you the picture of Saint Jude's bone. You immediately were just like, ew. And usually Meghan's not that way about Catholic stuff or doesn't react that way. So I just thought that was really funny. Yeah. It's really not a dig on you. It's my own weird heebie -jeebies. Yeah. I'm just not a spooky girl. I know. Well, Halloween's coming up, Meghan. So better get ready for it. Which is funny because, was it two years ago that we went to St. John Cancus during All Saints Eve? Mm -hmm. And they had a whole bunch of relics. And that was my first time. Well, I guess I saw relics in Greece when I was there, but that was like a lot. It was a lot. They had a lot on display. So I was like, what? There's like a hand or something. It was like, why is this? What is happening? Yeah, there's definitely some spooky ones.
A highlight from Growing a Business With Web3: The Web3 Academy Story
"Hey there, it's Mike Stelzner. I wanted to say thank you for being a loyal podcast listener and committing to your ongoing education. Are you feeling the pressure? There are really big changes happening in the marketing industry. We've got AI, Twitter rebranding, and of course, Threads from Instagram, just to name a few. Having people you can talk to in person has never been more important. Imagine surrounding yourself with other marketers who are also working through all this change. We're here to help make this a reality. Consider attending the 11th annual Social Media Marketing World. When you do, you'll discover new marketing strategies in an immersive environment designed by and for marketers. Grab your tickets by visiting socialmediamarketingworld .info. I can't wait to see you there. Welcome to the Web3 Business Podcast, helping you navigate the future of business. And now here is your host, Michael Stelzner. Hello, hello, hello. Thank you so much for joining me for the Web3 Business Podcast brought to you by Social Media Examiner. I'm your host, Michael Stelzner, and this is the podcast for innovative thinkers who want to know what works in the world of Web3. Today, I'm going to be joined by Kyle Readhead, and we're going to explore growing a business in Web3, specifically how Web3 Academy is growing their business and all the fascinating tools they're using to be able to pull off all the great things that they're doing. By the way, I'm at Mike underscore Stelzner on Twitter slash X. If you want to reach out to me, that's the way to reach me. Social media is dead. That was the headline published on a major media site recently. The article claimed that group chats and messaging were the assailants, but I don't think so. First, here's the facts. Number one, we don't see posts from as many friends anymore. Where'd they go? Number two, we spend a lot less time on social interactions and a lot more time on media consumption. The insider writer said, quote, regularly posting content is now largely confined to content creators and influencers, unquote. Here's what I think is happening. The major social platforms are moving back to the olden days of media. Back in the pre -internet days of the 1990s, everyone watched a couple of television shows. The biggest ones were ER, 90210, Frasier and Friends. What did they all share in common? Yes, they all had serious drama or hilarious comedy, but they also were able to hold an audience and keep people coming back for more. And that meant they were massive money makers for their networks. All those eyeballs sold a lot of ads and we're seeing the exact same thing happen right now on social media. Creator focused media is now the primary focus of Facebook, Instagram, LinkedIn, TikTok, Twitter slash X, all the platforms. This new normal does present an incredible opportunities for smart content creators and marketers like you. That's why I'm working really hard to recruit a killer lineup at Social Media Marketing World. There are people who understand how to play this game and the rewards can be absolutely massive. So, question for you, isn't it time you refreshed your social strategy? If you want to upgrade your plans, make sure you attend Social Media Marketing World. Visit socialmediamarketingworld .info for more information.
A highlight from Real Estate Agents Money Making New Construction Plan (Part 2)
"Welcome to Real Estate Coaching Radio, starring award -winning real estate coaches and number one international bestselling authors, Tim and Julie Harris. This is the number one daily radio show for realtors looking for a no BS, authentic, real time coaching experience. What's really working in today's market, how to generate more leads, make more money, and have more time for what you love in your life. And now your hosts, Tim and Julie Harris. Welcome back. We are on to day two and we're picking up where we left off yesterday and we're talking about how to make money with new construction. If you didn't listen to yesterday's points, make sure you go back and listen and I know a lot of you will find, by the way, the show we did prior to yesterday is the day before will also be, I think, a very big eye opener for many of you with regards to the different types of mortgage financing that's out there. But without any further delay, Julie, let's just roll right back in and let's talk about the easiest, the most advanced ways that agents can work in new construction. That's right. So we're going to start with something a hundred percent of you can do to get your feet wet with new construction and then we'll end with the most advanced iteration of making money with new builds. So point number one, work in a new construction model home during the hours the builder doesn't build with that builder or don't build it at all. They might buy new construction, for example. Think listing leads, new construction buyer leads, et cetera. And in fact, I think you know this, we have several of our coaching clients who have worked out deals with even some of the bigger builders. I know one of our coaching clients in Texas has a deal worked out with KB Homes, which by all means is kind of a production builder. They've got tons of different neighborhoods. Well, when one of them is about to be done and the next one is just starting, they don't go around. Coverage being that there's not enough new build reps to go around to all the model homes that they have available. That's right. Or maybe the hours that they work doesn't work all the time. Maybe there's just one day a week that you can do this. Anyway, our coaching client worked out a deal where she makes a certain percent if she sells one of their new builds. So she's basically acting like a sub for the new build reps when the new build reps can't or for whatever reason don't want to be at that particular new build model. Now, it's important though to explain this why the new build reps want to do this. Because they're going to get paid regardless of who brings the buyer, so they don't care. And new build reps, especially using Julie's example KB, they're not going to be listing resells. They're only selling the product that that builder has for sale in that particular subdivision. Most of the new build reps aren't even allowed to sell across subdivisions. If there's five KB Homes developments and I'm thinking of Keith Moulton and his great new EXP group and Inkeny, Iowa and all that whole big area of Iowa where they are, they're all those large new build constructor guys. They list the mid -tier ones and they list them within their EXP group, but the upper tier ones, the really large national ones, it's exactly like what Julie and I are describing. So what Julie is saying with point number one is, again, get off your duffs, get away from your keyboard and go out and befriend the new build reps and then offer to basically be their sub working in the models. They are going to say yes, provided they respect you and they know that you'll represent them well. They might have to ask for permission, but in a lot of cases they won't. And you will, guess what, sell new construction, but you're also going to pick off some resale leads. In other words, someone's going to walk in, they're going to want to build with that builder and they're going to have a house to sell, you're going to get that lead. And why is it that the new build reps aren't licensed? It's very obvious. The new builder pays them a salary, pays them a commission, doesn't want their loyalties divided, but also doesn't want that new build rep to then start, well, this model is not good for you at XYZ homes, I'm going to take you across the street and sell you one from ABC homes. They want that particular staff member only selling that particular product. That's where you can come in. Point number two. Well, that's right. And let me just point out why this is number one. Remember, we're going from easiest to most advanced. Notice that here you are not asking for a listing agreement. You are not, I mean, you can write the buyer side, which they're already prepared to pay. All you really have to do is learn a little bit about their product and how a builder contract works, which is generally more simple than your normal contract. Actually even simpler than that, Julie, because what you just said is going to intimidate about 90 % of them if you think about what you just said, right? Even simpler. Just be the meter and greeter and the police fill out your information or, you know, that's it. And then turn over the lead. Don't even do anything other than meet them and greet them because guess what? You met that buyer when they walked into that model, you're going to get the commission. Let them walk through the model. Let them walk through several models, maybe some specs. As long as they've registered, if those people decide to build with that particular builder, you will get paid whatever the co -op commission is. So open your eyes to how easy this can be for all of you. That's something a very low skilled new agent can easily pull off. I think of new construction model homes as kind of like the best buyer mousetrap ever. If buyers are searching, and we know for a fact with lower inventory, buyers are going to these new builds on their own, they're finding the inventory, you might as well be the one between them and the house, right? I mean, we're going to belabor this point too long, but this is something else. It's very rare that you see a new builder up that has an assistant. So if somebody walks in, and they want to see a spec that's maybe 10 minutes away in the subdivision, that means they lock the door to that model home, which means any subsequent buyers that pull up, which may have been equally as motivated, are going to get, you know, they're going to leave and they're going to go next door, they're going to maybe even leave the whole area. You guys get the point. So what the new build rep wants to do is sell more new construction. What you can do is cover them when they're not there. Maybe just act as their assistant on the weekends, and you will pick up sales that way. We've had lots of coaching clients do this over the years. I will say a funny story, I remember this. We had a coaching client that would go to this new build model area where it was a, I think it was a gal actually, and she knew this builder rep only worked on Saturdays. She knew that, guess what, most of the buyers were coming out on Sundays, and they never were there Monday through Friday. So what did she do? She went out and made camp, basically. Go where the buyers are. And then she just waited for the buyers to pull up, and then she was selling the new build rep's models, and she was obviously pulling off other business from that. I mean, talk about a great, a very ambitious, very proactive lead generator. Which, by the way, didn't cost you a referral fee, or a impression fee, or any other kind of paying for your leads fee. And you didn't have to make a TikTok video to get the sale. Not even that. Okay. Imagine if you will. All right, point number two, how do you make money with new construction? Create a relationship with those new build reps, and or the sales managers at different projects, where they refer the resale listings to you. Now, if they are licensed, and remember, they aren't always. It's very, very rare, only if they're really, really small builders, that you'll find a new build rep that is licensed. But we just belabored this point exhaustively, I think. We rolled that into point number one. Anyway, if they happen to be licensed, you can pay them a referral fee. If not, you can do gift cards and other things. But the flip side to it is, is a lot of times, and you and I did this when we sold real estate, we've coached our other agents to do this as well. Let's say you do go to one of those small or mid -level builders, and there's, it's frankly, usually the person that's the build rep is the wife or the husband of the actual builder, And so what you can do, as opposed to having any sort of financial exchange, what they're going to want to do is they're going to want to thank you for selling that particular house by giving you the listing on their next spec. And that's something you can do mostly in the really high end. So if you approach a builder that's specing on a really high end build, and they're still out there, plenty of them, and you're going to say, well, I have a potential buyer or buyers for this property. In the past, when I've worked with other high end builders, the arrangement we've had is I help them sell this particular house to one of my buyers. And then when they build another spec that they'll list that house with me. So then obviously I can help them sell that property as well. And you'll be surprised how that domino of buyer to listing, buyer to listing, buyer to listing, that can last you your entire real estate career. Yeah. It's a beautiful relationship and you can have more than one with more than, you know, different builders. Right? So that kind of leads us into that third point, list the spec homes. Now we've been throwing around that term. What is a spec home? A spec home spec stands for speculation and they come in two flavors. One is the builder is building a home that does not have a contract on it yet speculating that they will. That's why it's called a spec home. And the other way spec home happens is if somebody was in contract to build with that builder, but for some reason, either they backed out, they lost their financing, they lost their will to sell. Somehow the deal came apart and it becomes an inventory home. Sometimes they're called inventory homes instead of spec homes. We're going to share with you guys now, like normal price range stuffs in normal price range, let's say even nowadays, what the hell is normal pricing, right? A million or less. Generally speaking, it's very easy to get out of a new build contracts because the builder knows they've got a hundred buyers that one particular house, but the more expensive stuff when you starting into multimillion dollar spec homes, what happens a lot of times is the builder will ask for the buyer to, in essence, have 20 % hard money into the house. In other words, let's say the buyer is buying a $5 million house and the builder is going to ask for, and usually two deposits, a million dollars. And if the bill, if the buyer doesn't close that a million dollars stays with the builder, you see? So these are just different little things you're going to learn as you climb the ladder. We've had coaching clients, we coach agents to sell new construction, all different price ranges. So you need everywhere from, you know, big old ranches and land, raw land, trees, forests, all the way obviously to ultra luxury homes. So all these skills are applicable to all markets and all price ranges, which leads me to a friendly reminder. The notes for today's podcast are down in the section below. So if you scroll down under the video, if you're watching on YouTube or if you're over on iTunes or Stitcher or Spotify, just go down there and open up the show description. You'll see all the notes as Julie and I are presenting them for the most part. And you're also going to see a link to join Premier Coaching. Now Premier Coaching is, from what we understand, the nation's number one selling coaching program for real estate professionals. And the best part is, I think all of you will agree, is you can join Premier Coaching right now for free. It's a next natural step for all of you in your real estate careers. We know you love this podcast. It's the number one listen to daily podcast for real estate professionals in the United States. You won't believe what you get as part of being a coaching client. This is training. At the best we can do in the 20 or 30 minutes we have you every day, it's training. Coaching is what you get when you join Premier Coaching. So click the link below or you can go to premiercoaching .com or of course you can text the word Premier to 47372. But remember when texting message and data rates may apply. That is going to be homework from this podcast and every podcast after that. Next point Julie. Point number four, list every listing the builder has representing them on the whole development or the whole building if it's a condo building for example. This may include both lots to sell to other builders and or the actual homes or condos being built. That's where you you have the relationship with the builder. So I'm thinking about people like Lance and Karen Kenmore out in Washington state who have been coaching clients for a long time. They have multiple builders, different developments where they represent the entire thing. So they have signs on lots. They can sell those to other builders. They have signs on lots that they're representing the builder. It's not built yet. They have half built homes. They have spec homes. They have everything. One of their builders is going to do a town home project next so they can do different products as well. So another little idea of spinning off Julie's point number four is if you for example have the opportunity to list a parcel of land, a big swath of land that might be great for a developer. There are people that do the developing. There are people that go and essentially have if necessary the zoning work done. They'll put in the sewers, the electric. They'll even subdivide all the lots and all the rest of it and then they sell those off to builders. A lot of times some of these land developers, all they'll do is identify the lands and they'll sell some of the land to somebody to develop the land all on up. So what you're going to discover is from a big old farm field to new construction and a big huge subdivision, there are different levels of businesses that are involved. Now how do you stay involved if you're the one that happens to cross the big old soybean field as was the case for Julie and I sold real estate. All right, so you find the big parcel. Let's call it, you know, 25, 50, 100 acres, whatever it is. You then will list the property and then you will then find the people in that particular market that do the development and then the developer, if the lots are then sold as a whole off to a new builder, which is usually how it actually works, try to stay attached to the transaction every single deal, every time the property changes hands. Make it so that you're part of the deal every step of the way. I'll give you an example. There's a friend of Julie and I's in Houston, his name is Vinod, he owns a place called Urban Living and in its day it was a massive brokerage and what he would do is he goes out and identifies, well he would find a parcel of land in Houston, the zoning laws and this is, you guys are going to think I'm making it up but it's true, in Houston you can actually have a commercial building right by a residential building and so it's not uncommon when you're driving around certain areas of Houston where you see like how the hell is there a church's chicken right next to a, for example, a literal home next to a condo building, next to a car wash.
A highlight from Ep374: Gary Vees Tips To Help You Avoid Business Failure
"You, who's listening, if you want this to work, you probably need to do both. You probably need to have your podcast. You probably need to stay with your podcast, launch your podcast, grow your podcast, keep having interviews, keep having solos, whatever it is for your podcast. You've got to do it. Most hosts never achieve the results they hoped for. They're falling short on listenership and monetization, meaning their message isn't being heard and their show ends up costing them money. This podcast was created to help you grow your listenership and make money while you're at it. Get ready to take notes. Here's your host, Adam Adams. What's up, podcaster? It's your host, Adam Adams. And today I get to talk about somebody that I look up to, somebody that I respect and admire and follow his advice. And frankly, wish you as my best friend, because this guy is a bad -ass. He's just great in all of the ways. His name's Gary Vaynerchuk, Gary V. And many, many years ago, I was a high -end restaurant person. So I managed a French restaurant. I did serving and I did the bar manager. And then I did regular general manager and loved a lot about working in fine restaurants. One of my favorite things is we did wine tastings all the fricking time. And I just really fell in love with wine. And now I actually collect wine. I've got more than a hundred bottles, easily more than a hundred bottles. Some of them are expensive. Some of them are cheap. I can't only do expensive bottles because sometimes I drink two or three bottles with my friends in one night. So I collect everything and it's not always the price that makes good wine. And Gary Vaynerchuk taught me that a long time ago. And most of you don't know this, but prior to him launching what he does now, which is an advertising agency, coaching, mentoring, running masterminds, the stuff that he does now with his agency, the one day VIPs that people come in and spend a shit ton of money just to be with him for a few hours. Before he did that, he ran his family's wine shop. And before anyone else was really putting their wine online on the internet, they only had the shops. Gary Vaynerchuk said, dad, I'm going to sit down with a table and I'm going to put two or three wines in front of me and I'm going to taste them and I'm going to spit them out. And he spat them out right there on camera. And he would talk about wine in a very general way. In a way that's not looking down your nose like those people. And I loved it. So what I would do is I would get ideas. I would go and look at Grenache and Syrah and Movedra and Cabernet and Cab Franc and all these other grapes and the years. And I would watch him, listen to him and I would try to buy the same wines and I would try to taste them. And he's like saying, this one's got strawberry or this one's got plum or this one's got peach or this one's got blackberry. This one's got tar. This one's got tobacco. This one's got smoke. All these different notes that he said he either smelled on the nose or he tasted on the tongue. And so I loved what he was doing. And then he switches directions. Gary switched directions and his dad's company was making fine. They now were selling, most of their wines were being ordered and they didn't even have to stock the wine because they would just make the order for the client, for the customer And it would be dropped off or delivered by somebody there, or it would be shipped another way directly to the doorstep of that person. And all of a sudden they make a lot more money. And he learned something and that's what we're getting into for today's episode. Gary V learned something. He learned that you got to be active on social media and you're like, oh no, what do you mean? Gary Vaynerchuk says you got to be active on social. It's like a business card. One of the first takeaways that he said, you got to be active on social. It's a business card because of this. When your person who wants to work with you is going to vet you, they are going to search for you on LinkedIn and Facebook and other platforms. They're just going to type in your name and see what comes up. If nothing comes up, they don't trust you. They go with the other person. If nothing comes up, they don't trust you. They have to see what you're about. They want to know, is this person reckless? Are they going to spend all their money on this one thing? Are they the same faith as me? Do they believe in the same nature as me? Do they believe in the same God as me? Do they believe in mountain biking like I do? Do what I get along with this person? Is this the kind of person that I could trust? They find that stuff out by going to your social. So Gary Vaynerchuk said a couple of things. He said you had to be active on social and he said that you have to put out content with a podcast. So in 2011, 2012, 2013, 2014, I was all about wine and I was following Gary V. 2015 comes around and I'm going back to my entrepreneurship. I'm going back to being full -time in real estate, launching different businesses. And Gary Vaynerchuk says, I think it was 2015, perfect timing for me. He goes, if you're not active on social media and have a podcast by the year 2023, you will fail in business. So that brings us to what Gary Vaynerchuk said. What did Gary V actually say? Gary Vaynerchuk says that you who's listening, if you want this to work, you probably need to do both. You probably need to have your podcast. You probably need to stay with your podcast, launch your podcast, grow your podcast, keep having interviews, keep having solos, whatever it is for your podcast. You've got to do it and you've got to have your social going. You've got to be on LinkedIn and or Facebook or TikTok or Instagram. What's that other one? There's more. There's a lot more. But you should be on at least two of those platforms and have your podcast. And by doing all of this, your business won't suffer. So if your business is suffering today and you don't have a podcast, start your freaking podcast. Your business is suffering today and you're not active on social media. You're not posting on social media. You have the account, but you never post. People aren't going to trust you when they search you. So you need to start being active on social. And Gary Vaynerchuk also said jab, jab, right hook. He wrote a book about jab, jab, right hook. What does jab, jab, right hook even mean? It means the boxers, when you're fighting, they don't just throw these big giant blows. They throw quick, quick punches to surprise their opponent. They jab them. They tap their face a few times. And when it's time, when the punch will land, they take the extra efforts and inertia and time that it takes them to throw a big right hook with all their might. It would be a freaking waste of time to throw your right hook before that happened. At the wrong point in time, they would just dodge it and then you would use all of this effort and then you would line yourself up in a bad way and you would be the one who got punched down. So you got to put in those jabs. What does that mean on social media? I think it means, and what Gary Vaynerchuk has said, is that you can't always just be selling only. You've got to be giving, and this will depend on the platform. If it's YouTube or if it's TikTok, for example, you can do a lot more right hooks where it's content, content, content. But think of it like this, the jabs are the fun content that help people and the right hooks are after you've brought them in, after you've gotten a feel for what's going on because of the jabs. Now you can have them hire you or you can throw that right hook with, hey, I can help you, the links in the show notes, for example. I can help you. The link is below. So the jab, jab, right hook on Facebook might be a little bit different. Most of the time you talk about your hobbies and your children and your travels. So my hobby might be bodybuilding or taking ice baths or yoga or mountain biking or CrossFit or art, crafts or piloting, air flight. I would constantly post about my kids. I would constantly post about when I'm on a vacation just to let people know what's in person. Those are the jabs. Talk about piloting, CrossFit, mountain biking, your kids, your travels, whatever. And then the right hooks are about your business. So you might put up a testimonial, hey, got a great testimonial from one of my clients and I wanted to share it on here. It meant a lot to me. And that's the right hook. That's the right hook, meaning a way for you to jab, jab, right hook. So Gary V says what? He says, first two things, you got to be active on social media or you're going to lose in business by the year 2023 and wake up folks. We're already at the end of 2023. Like 2024 is happening and before we know it, 2025 is happening. And if you didn't do this, if you're not doing this right now, you've lost in business. Your clients are going to the other person who's active on social and has a podcast. Next thing that Gary V says is jab, jab, right hook. Don't always sell. Don't always make it hard on other people to be at that content. Give them some stuff, give them some value, value, value, and then let them know that they could hire you. Tell them about your hobbies, your kids, let them into your life, and then tell them about your business. And when Gary V was writing his book called Jab, Jab, Right Hook, that rhymes, I was like, did I say that right? Jab, Jab, Right Hook is the book that Gary V was writing. And when he was writing it, he was hoping that he could call it something with a lot more jabs and then the right hook. But his writing team said, no, it'll sell better with just two jabs. And he almost said this, I remember watching an interview, he goes, I said, if it didn't have like 20 jabs, I wasn't going to do it. And he lost that battle, still published the book. But here's the point. Here's the learning lesson in that. It doesn't mean that you have to go one, two, and then sell, give, give, sell, give, give, sell. That sounds like that one song, goon, goonch. You know? Anyway, it doesn't mean give, give, sell, give, give, sell. It doesn't mean that you have to do two thirds and one third, one, one, two. If you go with the advice that Gary Vee really wanted you to think of, he has a lot more jabs. It's a lot more value, value, value. How can you support your person? How can you help your person? Who's on your social media or who's on your podcast on LinkedIn or whatever? How can you give, give, give before you ask for that sale? Think about it as multiple jabs and then the right hooks. That might actually make it easier on you because I've had a lot of clients that came through and I used to just teach social media. I had a business to teach social media, taught, teached or taught. Obviously I'm not a teacher that way, but I had a business that where I basically consulted only with a few high level people. So it was $40 ,000 to work with me for a year. And then anytime they would post, they would send the post to me first and I would tweak it for them and send it back and they would get like lots and lots of likes and comments. And in doing so, I would teach this jab, jab, right hook as well to them. And I would say, you're going too much about the business. Let people in first. I also had a couple of people that came to me and they were very afraid of the business. They didn't want to throw a right hook. They didn't want to. And so I had to talk him into it. I had to say, don't worry, you can do lots of jabs. One guy, he's all about something called earthing. There's another term too, grounding. And so basically every weekend he goes to the same park, he takes his shoes off and he grounds himself to the earth or he earths. He walks on the beach and basically I'm not going to teach the entire thing, but it's supposed to be very good for you. And I practice it as well. And he was passionate about that, but he wasn't really passionate about like multifamily syndication and asking people for money. And that's what he wanted to do is ask people for money. So I worked with him. I said, don't worry, it doesn't have to be two jabs and then the right hook. It can be like six jabs, seven jabs, and then the right hook. That worked for him. I think it was 68 and he ended up turning 70 recently. He was like 68 at the time. And although he's in great health, he looked like he's 25, his physical fitness as he was doing jab, jab, right hook, he didn't even want to post on social media at all. And he only bought into it because he didn't have to push his business down people's throats. And that's the takeaway for you too, is you don't have to push your business down anyone's throat. You don't have to shove it there. You can just share the kind things and nice things, the value and about your hobbies and it'll all work out. So make sure you got your podcast. Make sure you're active on social media. Use the jab, jab, right hook, and I will see you on the very next episode. Don't go away. We'll be right there. This is serious. Don't go. Now that you've gotten whatever value that you feel that you got the actionable takeaways, you need to implement the stuff that you learn. If you remember me talking about bird church once and they learn how to fly and then they walk home, I don't want you to walk home. I want you to fly home. So take the steps, take the actionable steps for your benefits that you can become a better podcaster. That's the only thing that I ask of you. And I'll see you for more actionable tips on the very next episode.
A highlight from BONUS episode From Marine to Entrepreneur: Overcoming Challenges and Thriving
"Since September 11th, 2011, there's been 31 ,000 suicides, veteran suicides. So 7 ,100 of us have perished in combat. 31 ,000 have taken their lives, and part of that, I'm not an expert, I'm not a psychologist, this is just my personal feeling, part of that is lack of purpose. They've transitioned out, this 20 -year war that never ended that really didn't mean anything to anybody now, and they've lost purpose. Welcome, everybody, for our special release podcast. I'm Glenn Wilko here with Mike Lomas. We have a special guest in studio, and this is gonna kinda be a tease. This podcast, we're gonna be releasing now, but we're also gonna release this podcast again in the future as part of a series that we're gonna launch. And this is gonna be like a podcast miniseries, so it's not gonna be a forever podcast. We've got enough of those going already, right? This new series is gonna be a series will be just a probably 10 or 12 -episode series where we're interviewing different business owners, and we're gonna call it something along the lines of you built this. That's still in the works, so by the time this is the actual series release, it might be different. But back in 08, 09, one of the things I found extraordinarily offensive was when the Democrat Party, which really started with Elizabeth Warren, by the way, Obama actually ripped it off. He's not even, he even plagiarized that, the guy. But Obama was the one with the power to really resonate it. Move this thing, yep. And he came out, and he's, you know, everyone remembers famously saying in his speech, he said, well, you didn't build that. You got a factory. Somebody else made that happen, you know? And the whole idea was, and the whole concept, and their little tiny brains, was that somebody else built the road to that factory for you to be able to move their goods. That's right. What these folks didn't realize was that back in the days when some of these factories were built, there was no federal government interstate road system. It was oftentimes the business owner themselves that were indeed building the factory and the road to get things to the market. And they're still doing that because the revenue from that factory is what actually affords the road. Not some liberal in their mom and dad's basement that is on TikTok for the day. Right, but nevertheless, as business owners ourselves, and Mike and I have owned 12 businesses over the years. I think we currently own nine and have sold three. But we've also been extraordinarily fortunate to work with a lot of business owners that have sold businesses, are running businesses, and as I was telling our guests, who I'm gonna introduce in a second, before, I don't wanna tease it here, I'm gonna keep the suspense, before we started the podcast, it's amazing to hear the different stories and be fortunate of the people that have started their business, and how they built it, how they started it, what they had to go through, some of the sacrifices they made, some of the difficulties. I think a lot of people that have never owned a business have no idea what it means. And so this was, this I had an opportunity to bring you in, and I wanted to start with you, Robbie. So Robbie DeNiro is our very first guest here, and we're happy to have you in. Robbie, you obviously have been in the news a lot. You're famous in Western New York, of course, for standing up to the face masks and the garbage when you owned the gym. And I know we're gonna talk about the new business, which I'm excited to hear about, but just start me from the get -go of that business, how hard was it, some of the regulatory stuff. Remember, you started a gym, it's hard enough to start a gym, and then you had to go through COVID when they were trying to shut things down. How hard as a business owner is it to pay bills when you have no income and no revenue? I mean, it's crazy. They were so worried about people's health that they shut the gyms down to help their health. So Robbie, you built it, and I wanna hear how you did it. Well, I appreciate that. Thanks for having me come on. So I had just got done with about 14 years in the Marine Corps. I transitioned out. God bless you, by the way. Thank you. You got it. Greatest 14 years of my life. It's an amazing experience to serve the country, especially as a Marine.
Modern Mom Probs Is Not the Tara Clark Show, It's About Community
"Talk to us about cultivating friendships and community and how that served you. From the beginning, I have always said that Modern Mom Probs is not the Tara Clark show. It's not about me. I've never wanted it to be about me. I've wanted it to be about the topics. That's why the account is not, you know, Tara Clark problems, modern mom problems. Right. And so for me, I sort of have made a switch over the last, maybe let's say two years or so, to peel back the curtain and be more of a personality of like, this is Tara, not just Modern Mom Problems. And that's been hard for me personally, to quote my son, like it's a little cringe, because it's easier for me to talk about topics or to showcase the topics. But the community has always been the thing. So my point in saying that is I always share my friends. I've always been the biggest hype person for all of my friends. My one friend, Nikki Marie, she's also on Instagram and on TikTok. She called me the ultimate hype girl. I am the ultimate hype girl. I'm always pushing everyone out front and being like, no, you take the stage. You take the, the lion light. Just because that's who I am. And so community right from the very start from the very second that I started my account has always been tantamount to me. And, and my, we had a very, I had a very core group of friends when we first started the account back in 2016, women lived all over the country. In fact, all over the world because one of them was in the Netherlands and we were best friends. We were on our chat DM all day, every day for like years. And so these are some of my absolute best friends and, and a lot of other names like you, like you said that I know people like Libby, is a really good friend of mine. In fact I've met her several times in person, one of which she had an Airbnb and she invited me and a few other friends up. Yeah, it was great in February. We were there actually for Valentine's day in the Superbowl this year. So we just hung out and we created content and we relaxed and it was, it was wonderful. And so, yeah, although we don't always get to see each other in person, when we do, it's just like so much more meaningful and special. I love that. It sounds like, you know, like really, I hate to sound corny, but it does kind of sound magical. Like when you get together with those girlfriends and you're all sort of aligned like professionally and personally, it really, it's so important. I say this all the time. I would be nowhere without my personal and professional like network. So I love that. It's really as important.
A highlight from The Anti-Conservative Defamation League with Will Scharf
"We are representing a second whistleblower from the FBI, Marcus Allen. Due to whistleblower retaliation by the FBI, I've been suspended without pay for over a year. Because of you, ACLJ donors, you get the best attorneys in the world. Hello, everybody. I am back. What is the ADL? The Anti -Defamation League actually engages in more defamation than not. ADL .org. We talk about that with Will Scharf and how they are suppressing the US Constitution. Email us your thoughts, as always, freedom at charliekirk .com. Get involved with our education movement, Turning Point USA at tpusa .com. The most important movement in America, tpusa .com. That is tpusa .com. Buckle up, everybody. Here we go. Charlie, what you've done is incredible here. Maybe Charlie Kirk is on the college campus. I want you to know we are lucky to have Charlie Kirk. Charlie Kirk's running the White House, folks. I want to thank Charlie. He's an incredible guy. His spirit, his love of this country. He's done an amazing job building one of the most powerful youth organizations ever created, Turning Point USA. We will not embrace the ideas that have destroyed countries, destroyed lives, and we are going to fight for freedom on campuses across the country. That's why we are here. Brought to you by the loan experts I trust, Andrew and Todd at andrewandtodd .com. Over the weekend, an internet campaign started to push back against the Anti -Defamation League, the ADL. Now, if you do not know what the ADL is, they're one of the most powerful organizations. They used to be nonpartisan. They used to say, hey, we're here to fight antisemitism. But that's changed. The ADL is nothing more than a weapon of the Marxist left run by a man by the name of Jonathan Greenblatt. Now, if you go to their website, ADL .org, it's hard to find anything you disagree with. They say, unless you go further, they say, we fight antisemitism. In fact, their byline is fighting hate for good. ADL .org, run by this guy, Jonathan Greenblatt. This goes to a theme, though, is that there's a supply and demand issue with hatred and racism in America. The same goes for the civil rights machinery or Leviathan that was built in the 1960s and early 1970s. We start to see that you build these massive institutions all around trying to fight racism and fight injustice and fight antisemitism. And eventually, you realize the country that you're waging this war in, it's actually a rather decent country. So you have to come up with hatred where it doesn't exist. So ADL .org, their entire mission statement to their donors and to their employees and to their members is that there's more hate than ever before and give us more money so we could fight hate for good. And they call themselves the anti -defamation league. Now, ironically, they actually do more defaming than almost anybody else. They smear, for example, libs of TikTok. They slander decent people. They have a whole page on Turning Point USA, actually, ADL .org. They run advertisements against Turning Point USA trying to say that we are, you know, all not alt -right, but we play footsie with the alt -right and that we are akin to radical right -wing forces. We have a whole page right here on ADL .org. Key points goes through all the different activities. Charlie Kirk promotes Christian nationalism and activism. TPUSA and right -wing extremists, TPUSA and racist bigots. Goes on and on and on. So this is a multiple page thing at ADL .org. And they pick their targets and they smear you relentlessly. Not really hasn't bothered me or bothered us at Turning Point. Yes, they run SEO ads trying to misrepresent us. But they do this, and this is the important thing, is they believe they are untouchable. They believe that you cannot criticize the ADL or the Anti -Defamation League. You're not allowed to push back on them. You're not allowed to say, hey, what you're doing is wrong. Now, understand this is their business model. The business model of the Anti -Defamation League, the ADL, is they will go after voices, companies, and they will try to destroy them if they do not suppress speech that they don't like. So this all bubbled up when the head of ADL, Jonathan Greenblatt, met with the head of X, or always be Twitter to me, Linda Yaccarino. And when that meeting happened, all of a sudden this erupted on social media saying, hold on a second, we know what the ADL is trying to do here. The ADL is going to try to pressure Twitter to shut up shadow ban and blacklist dissident voices that they don't like. Now, the ADL does this all under the guise of fighting anti -Semitism. They basically say that you are not allowed to criticize the ADL or any of their activities, and if you do, then you must hate Jews. Now, let me just say this. This is one of my most frustrating developments in the modern narrative war, how you're somehow not allowed to criticize an organization or a person, because all of a sudden they'll say, well, I'm Jewish, you're not allowed to say anything. This goes with George Soros, for example. Any time that you criticize George Soros, they say, oh, you're an anti -Semite. No, actually, George Soros is, first of all, not serious about his Judaism. Second, he's an atheist. Second of all, we're not criticizing him because he's Jewish. We're criticizing him because he's evil. Now, the ADL has in the last couple of years taken even more radical turn. They've become vicious. And quite honestly, they themselves have become a hate group. They wear the costume of, quote, fighting hate for good. ADL fights all forms of anti -Semitism and bias using innovation and partnerships that drive impact. And they might say, well, Charlie, how does this impact me? We might have this tape here. We'll find it. Jonathan Greenblatt argues, he brags in his Zoom calls, that they talk to the FBI every single day. The ADL is an adjunct to the Federal Bureau of Investigation, telling them of what extremists to find, what people that you have to try to suppress. You go to the ADL website. For example, they say hate on display, quote, a hate symbol. It's okay to be white. If you say that, it's a hate symbol. They argue that child pornography or pornography for children is perfectly fine. In fact, it's phenomenal. ADL .org. Children's literature can open doors to exploring important topics and concepts. ADL Education has compiled a list of LGBTQ Pride -themed books for Pride Month. The resource also includes discussion guides for educators and families. There is far radical left on the cultural Marxist spectrum, as you could imagine.
A highlight from Alex Returns!, "The Orange League" with Neil from Dustup, and Macro with Dr.Jeff - September 4th, 2023
"Hello, and welcome to the Cafe Bitcoin Podcast brought to you by Swan Bitcoin, the best way to buy and learn about Bitcoin. I'm your host, Alex Danson, and we're excited to announce that we're bringing the Cafe Bitcoin Conversations Twitter Spaces to you on this show, the Cafe Bitcoin Podcast, Monday through Friday every week. Join us as we speak to guests like Michael Saylor, Len Alden, Corey Clifston, Greg Foss, Tomer Strohle, and many others in the Bitcoin space. Also, be sure to hit that subscribe button. Make sure you get notifications when we launch a new episode. You can join us live on Twitter Spaces Monday through Friday, starting at 7 a .m. Pacific and 10 a .m. Eastern every morning to become part of the conversation yourself. Thanks again. We look forward to bringing you the best Bitcoin content daily here on the Cafe Bitcoin Podcast. What is up, all you Cafe Bitcoiners? It's good to be back. Good morning, guys. Good morning. Welcome back. Thank you. Good morning, Mike. Good morning, Mickey, Dom Bay, Peter, Jacob, all you Cafe Bitcoin regulars, all the hardcore, you know, the hardcore ones, they're the ones that show up. Bright and early on Labor Day. Yeah, you know what I'm saying? This is late for me, so it's just it's easy. I'm sorry, but this is late. I've been up since four thirty. Alex, man, it's good to have you back. Peter has just been out of control and it's great to have you back for things you just get like back in order. Whoa, whoa, whoa, whoa, whoa. You're the one who's been singing on the show, Dom, not me. Don't you try and push this off, Dom Peter. We all know you're the one that's getting unruly in here. I thought the best way to celebrate Labor Day would be we're waking up early and working hard to spite the communists. Love that. Hey, Mickey, are you are you out? Are you no longer active duty? Not quite yet. All right. I can tell you've already got that short time's attitude, though. He's got he's got the itch, that's for sure. He's already got he's already got one one foot off the wall. Well, I'm looking forward to when you're a civilian and you can actually say all the things that are running through your mind that you won't let come out of your mouth. I have no idea what you're talking about, Alex. I'm sure you don't. Can neither confirm nor deny. Ollie North, plausible deniability. Good times, good times. Yeah, I got to hang out on the way down here, so some crazy shit happened on the way down here, by the way. So where you took us? No, I didn't stop at Burning Man. That was some I heard. That's crazy, too. They're like, are they still there? Are they walking around in the mud right now? Is that what's happening, man? The stuff that is coming out of Burning Man is just crazy. Some of the like what I've heard, Denny fever, I've heard Ebola. I mean, all the crazy shit coming out there. Bro, what is that organ? Is that Oregon Trail you're talking about or Burning Man? But to answer your question, Alex, as far as I understand, they are still stuck there. It's wild, man, FEMA, FEMA went in apparently and and are not allowing them to leave. What? Apparently, FEMA responded and they are not allowing them to leave. So so Burning Man has become a quarantine zone. You know, it's really hard to tell. I mean, do I really trust TikTok? I don't know. Hey, but hey, at least Diplo and Chris Rock walked their way out of there and got out safely. No, good for them. I mean, there seems to be a a real lack of news coverage on some of these or traditional media news coverage on some of these events. I'm not you know, there's there doesn't seem to be a whole lot of information coming out of Maui. It doesn't seem to be a whole lot of information coming out of Burning Man now. I mean, except for what's what what we're getting on social media. And, you know, I'm just not so sure how much I trust any of that. What are you trying to suggest, Peter? I don't know. I think it's odd. I think it's odd that that, you know, that there's not, you know, CBS and ABC helicopters flying over Maui. You know, I mean, I mean, when when the when the campfire in Northern California happened, what, three years ago and that that town was just completely devastated. Or the one in Colorado, the news media was all over it. You know, I mean, they were there. We were seeing we were seeing pictures. We were, you know, I mean, Maui's different. I don't understand.
A highlight from This Altcoin Just WON BIG! (Huge SEC Loss)
"What's up, crypto fam? Welcome back to the most talked about show on the entire interweb. Today, you're gonna be joined by Joshua Jake, who is myself. I'm going to be coming from TikTok. A lot of you in the chat already know who I am. And I'm excited to be here. We have a lot to break down with these markets. We had some huge announcements come from some lawsuits with Uniswap, which are going to impact Gary Gensler and his entire motion in attacking the crypto sector. And of course, today, I am joined by Deezy himself. So thank you for having me here today. Deezy's in the corner today, folks. Deezy's in the corner. How are we all doing today? Hit that like button, everybody. Hit the like button, hit the like button. So they're jumping straight into markets here today. Bitcoin coming back down a little bit off this initial pump up to the 28 ,000 levels. We had a massive spike, right? Everybody was talking about we're going back down. We're going back down to 23 .8. We're gonna go back down to 22 .7. We're sitting in panels all this last week, people trying to figure out where prices were gonna go. And we had some pretty bullish opportunity this week with the Grayscale announcement. So ,661 27 right now for Bitcoin. We have Ethereum sitting at a 1 ,700 level. And in terms of markets, we're gonna click on this 24 % right here. We're seeing some pretty big gains. Bitcoin Cash, TON, XDC, which I was watching yesterday's show. And Deezy actually pointed this out. XDC does always seem to be with Stacks in that top moving section. It's always pumping. Yeah, then you got Phantom and Injective. I don't know what it is. They just like to move a lot. Is it no liquidity for these coins? What's going on? I mean, don't tell that to their communities. They're gonna believe that liquidity is sitting there very well. My order book is the thickest order book in all the order books. Yeah, there's nothing going on the inside there. But yeah, seeing some good price action once again today. Stacks obviously is gonna be moving with the Bitcoin announcement. That's gonna be your direct layer one that's building those smart contract protocols and bringing those smart contracts to Bitcoin's network. So it makes sense that it's moving with this price action. But we're gonna jump into the first article because this is gonna spark a massive discussion lawsuit with Uniswap dismissed, DeFi crypto exchange not liable for scam tokens. This is huge. There is going to be a claim coming out from these judge once we get down the article just a little bit more. I'm gonna go through all the highlights here with you guys. But a class action lawsuit brought against Uniswap was tossed out by a district judge on Tuesday who found those associated with the decentralized exchange were not liable for so -called scam tokens that purportedly burn traders. So this is big. This is a big news, especially for decentralized exchanges. I think a lot of people in this industry are scared of the phrase DeFi is dead. And what I mean by that is this is a huge conversation that people don't really know where compliance is, KYC, and the way that the United States is not only lagging behind on regulations, but they are worried about in terms of what does that mean for a lot of these decentralized exchanges and the tokens that they're gonna be trading on these platforms. So I don't know if you've used Uniswap a lot, so if you're gonna be looking from pancakes, I don't know where your fan base token is gonna be for your DEXs, but what have you seen coming out of these centralized or decentralized exchanges with these lawsuits? What does this mean for you? Well, it's always funny. It's like, all right, where are we serving these subpoenas? Who are we suing? Are we suing the guy that pays the light bill? Are we suing the guy that has the domain? Are we suing the guy that has a Twitter account? There's varying degrees of decentralization. I'm more excited about disclosure. We could kind of peek behind the curtain and actually see, are you really a decentralized exchange or you've just been centralized this whole time. It's like Scooby -Doo. What are we gonna see when we rip the mask off? That's so true. You run in between the door. I feel like that's how our regulators work. They're just running into doors that they don't know and they just keep popping out in the hallway back and forth, and it's never ending. But so some of these tokens that were included in this lawsuit were Matrix Samurai. I don't hold any of these, but it's Rocket Bunny, Alpha Wolf Finance, and Southern District of New York judge Kathryn Falia, Polk and I might be mispronouncing that one, who dismissed the case, said the plaintiff's dilemma is the pseudo -anonymous nature of those token issuers. So again, huge win for this industry, huge win for crypto. And if I scroll down right here, this is probably the most important phrase. I'm actually looking for it as I scroll down here. Here it is, the lack of clarity. So the lack of clarity surrounding how securities laws apply to DeFi was noted by the judge. Reference a warning from Securities and Exchange Commission chair Gary Gensler in September 2021. That class of projects were under increased scrutiny. Now Gary's really not, I don't think anybody in this chats, I know everybody on the stage, who may not be the most ambitious people towards, you know, we're not the biggest fans, but I'm trying to find, I don't think we highlighted it here, is going to be the fact that out of this lawsuit, the judge did say that both Ethereum and Bitcoin were commodities, and that is a massive breakthrough for the entire crypto sector. If you guys come from the XRP community, you would know that Bill Hinman and the entire things that went on over the summer, we needed that clarity. We don't have those security laws and everything implemented. We don't know where the regulation is for the future of these tokens. But as a commodity, this is a very interesting topic because they didn't say digital currency. They clearly didn't say, you know, a security. And if this means a commodity, what is the outlook for this? Because this brings in the questions. This brings in, okay, now is there gonna be more compliance measures from a commodity -based token? If you're gonna be looking at Ethereum, now there's gonna be market manipulation laws and everything that they have to address that we're now gonna have to see in court. So very interesting, at least from the terms of Ethereum, and comparing that to Bitcoin, because they're completely different functionalities. Yeah, and just kind of what I was saying earlier, we get to peek underneath the hood, see what's going on. Have they been doing those oil changes? What is up with the gas? So it'll be interesting. It definitely will, it definitely will. I'm excited for it though, guys. This is a huge moment for the industry. It's coming off the grayscale when the SEC's losing back -to -back lawsuits. Uniswap taking this beautiful, beautiful victory lap, and that leads us perfectly into the next article right here with SEC Chair Gary Gensler to testify before Congress twice this September. Now, out of this, we're looking at the Securities and Exchange Commission, guys, to testify twice, we're reading that twice, but in front of the House Financial Services Committee on September 27th. So the hot seat here is gonna be Gensler has been under fire for his comments about firms they need to register with the SEC. The House Committee on Financial Services asserted that Gensler's push for registration is a willful misrepresentation of non -existent registration process. So, and we all know this, we all know this, we've seen the regulatory by -enforcement, we've seen them come out and battle not only the CFTC, Congress, our politicians, our government, the United States has no idea what they're doing. You have Jerome Powell with the Federal Reserve now coming out and obviously stepping on Congress's toes by issuing new advisory boards that are gonna be advising and supervising stablecoins, which is a direct threat and competition to the policies Congress is pushing in. And then on top of this, you have the people supposed to be protecting investors from the CFTC and the SEC just clashing heads nonstop. And so this is just, again, another moment we're gonna be seeing Gary Gensler in the hotspot, especially as he just lost, again, multiple lawsuits back to back, and yeah, I mean, I'd be scared to be in his position. Is he gonna get the grilled treatment by the House subcommittee, the Fauci treatment, as some people call it? Yeah, I mean, look at this. He's what, a year away from proving that he deserves this position. And it's not only just the people that are saying, hey, we need to fire Gary Gensler. You've seen the hashtags trend on Twitter. This is more than that. This is committee members, this is people of Congress, this is, I think, even Elizabeth Warren has said things now as well. These are things that are putting him, again, in that hot seat. Moving on to our next article here, though, this is probably gonna be one of the most favorite announcements today, but it's gonna be, XRP may have just become one of the biggest threats to big banks following Ripple's historic SEC win.
A highlight from Generative AI News This Week - Is ChatGPT Dying? Generative AI Market Data, Meta Challenges OpenAI, ElevenLabs & More - Voicebot Podcast Ep 347
"This is episode 347 of the Voicebot Podcast. Today we have the 29th edition of the Generative AI News Rundown. Is chat GPT dying? What does market data tell us about generative AI adoption? Meta hits open AI directly, 11 labs goes multilingual, and more. Hello Voicebot Nation, and to all my friends in Synthidia land, I'm Brett Kinsella, the host of the Voicebot Podcast, and we have generative AI news for you today. As always, you can listen here, or you can head over to YouTube and watch the recording if you want to see some visuals and talking heads. This week, you might have more of an incentive to watch on YouTube because we show a lot of market data charts, and so if you want to see them, that's a good place to do it. However, we do describe them as well, so you can listen here and get the full story. If you do want to watch, I think you know where to go, youtube .com forward slash voicebotai, that's just one word, youtube .com forward slash voicebotai. Please give us a like and subscribe if you do head over there. Otherwise, lean back and get ready for the rundown. The top stories this week include, what does market data say about generative AI adoption? We look at 10 charts that explain a lot about what is happening. Meta takes on open AI, once again, with an open source speech recognition system, Seamless is a direct competitor for open AI's Whisper, really the first one. Other stories this week include, open AI brings fine -tuning to GPT 3 .5 Turbo and GPT -4, 11 Labs, Monster's a multilingual generative AI voice model, the Allen Institute releases an open text dataset to boost AI transparency, a US judge rules on whether generative AI works can be copyrighted, TikTok parent ByteDance releases a generative AI chatbot in China, what might that tell us? The generative AI winners and losers of the week and a bit more. Next up, what the data say, meta versus open AI, language, law, social media chatbots, and more. Let's get started.
"tiktok" Discussed on The Vergecast
"Culture right now that I think have more to say, right? About the causes of social ill violence, things like that that get caught up in the social media side of it because it's an easy victim. It's an easy villain to blame in this case. And I think it gets us away from talking about the real human element of human suffering. And into these conversations about data privacy, these things that last forever that no one can agree on and we make no progress on and people continue to suffer. That's a really horrible way to end. But we're definitely going to add a clip of the congressman not understanding how I tracking works, don't worry. We'll get there. I want to agree with you wholeheartedly. Here's my question for you in return. You were at the hearing today, you saw the TikTokers. You experienced it fully. The balance of that is the same for every app, right? It's the same for Instagram, the same for YouTube. YouTube burnout culture is real. My YouTube is like way ahead of the curve with its creator economy. And every other platform. And people have cycled out of YouTube. And maybe TikTok's at the beginning of it. But because it's China, the calculus has changed. And I'm wondering if you've seen even a glimmer of recognition that it's not the big bad China app that's causing the problems, but rather, oh, we've created a generation of digital tools that allows this group of people to express themselves and actually we don't really like what they're saying. I think that's fair. When we were on our way down yesterday, I was seeing there's the CNN CNBC article highlighting that representative Jamal Bowman from New York is publicly supporting TikTok and does not want TikTok to be banned. He was going to have this press conference with 30 creators and he got up in front of a podium at the house triangle and said this is very xenophobic was one of the first people to say it. There was only two other House Democrats that stood with him. It's a very small coalition. I ran up to the congressman after the press conference, and I said, congressman, can you build a broader coalition supporting TikTok? And he said something to the effect of Democrats, Bill coalitions in like shrugged. You know, it doesn't seem like they're really is energy. This is the first time. Like yesterday was the first time I heard someone just explicitly say this, you know, in support of TikTok. It's a very tricky situation with China involved politically, right? This is a more political question than really. Because you're right, because when we get to the center of it, it's TikTok can be banned. It doesn't really harm Americans. It harms teens, I guess, because they won't be able to scroll on TikTok and they lose this community. It's really, I don't want to undermine that, but it's not something that lawmakers have to think through all the way. This is something that can just be seen as an effective. Especially if it's this bipartisan, right? The electoral price for being the person who banned TikTok is zero because the other side is saying the exact same thing. Right. The thing is who's actually going to do it. And this is my continue thinking about this because when Mark Warner introduced the restrict act, of course it does implement the possibility of a ban on TikTok. It basically what the bill does is it creates a process for the secretary of commerce to investigate foreign owned technologies and create protections and guardrails ultimately like the biggest tool being a ban. So they got applauded, there was all these write ups about the fact that TikTok could be banned
"tiktok" Discussed on The Vergecast
"Been a number of instances where a handful of employees at TikTok have either track journalists, but again, there are accusations at Uber did that as well. Accusations that employees at Facebook had done that against journalists as well. But getting to the heart of it, there isn't really anything so far that differentiates TikTok's business model, TikTok's ability to gather data that's different from American based tech companies and the fact that they have a Chinese Beijing based parent company ByteDance. I would just add one sort of half corollary to the two things that you named because I do think one other piece of this seems to be, I guess what I would call this sort of long, subtle influence campaign that people think. And this came up a bunch in the hearing, and I'm curious what you all thought of it. But this idea that basically TikTok is sort of corrupting the youth and teaching everyone to just do dance challenges while doing it in China is teaching kids engineering. Like this is a real concern and it came up over and over. This idea that this is China's way of influencing American people not only for the Taiwan stuff that you're talking, but it's this long game play to just win future generations and there's this ten dimensional chess thing happening that a surprising number of people seem to think is actually real. I think that's important too, so yesterday I sat down with senator Mark Warner who has introduced one of the most widely backed bipartisan bills that could eventually lead to a ban on TikTok. And when I was sitting with him, a number that he constantly pulled out was the fact that the, you know, there's about a 150 million American users on average, like the average user spends 90 minutes
"tiktok" Discussed on Today, Explained
"The press and hearings. So do you think project Texas will be enough to alleviate all the concerns that state governments, the federal government, federal agencies, college campuses. I don't know. And I don't think TikTok knows either. I think the reason they're doing this big press push, inviting people like me into the transparency center, having their CEO testify in Congress is that they're partly just frustrated that negotiations with the government have drawn on for as long as they have. And that the government seems to have changed its mind back and forth several times. And they're also, I think, really doing the best they can kind of in the 9th inning to say like, look, we care. We're serious about this. You don't need to ban us. This is a really robust program that we think will alleviate all the concerns. And the problem is we have a pitch of what it is, but it hasn't really been exposed and I think independent way, like how this program actually works. So we're kind of just waiting and seeing and I think TikTok is too. Their fates kind of going to be decided by what this committee for foreign investment in the United States, CFIUS, thanks here in the near term. It's not like if project Texas gets totally turned on tomorrow that there's not Chinese employees involved in the strategy and decision making and maintaining of TikTok that will still be the case. It will just be us trusting all these auditors and Oracle and all this to make sure that TikTok's not being manipulated. If you don't trust TikTok now, just wait till a billionaire is in charge and then you can trust it. Well, billionaire is already in charge, but do you trust ByteDance or do you trust Larry Ellison? Right. So yeah, I don't know. They don't really know either. And I think that's why they're doing this kind of last ditch press campaign. Well, Alex, you've been inside the belly of the ByteDance. Did you feel more inclined to trust anything going on here? Having walked the walk? I gotta be honest. I just saw a lot of smoke and mirrors. I don't doubt that there are people working there who really eagerly want to fix the concerns and keep TikTok going. I don't think TikTok is incentivized as a for profit entity to be subjugated to Chinese government influence or spying requests. It doesn't align with their incentives as a business, right? But there's still that uncomfortable dilemma of they're still owned by a Chinese company at the end of the day. And even if project Texas is approved, that's still going to be the case. And I'm on this tour and I ask at one point, you know, what happens if an employee in China makes a request that's not documented, it's just like on the phone or something to an employee at the U.S. entity of TikTok to do something. Like what's to keep that employee from saying no. And I didn't get an answer. I was actually just told that wasn't appropriate for this transparency center tour. Wow. Please do not ask critical questions during your tour. During your transparency tour. Well, there's some, there's so much of the optics here. The transparency tour, we weren't allowed to quote the people presenting directly or name them, which to me suggest that there's concern that people will say something that comes back to bite, you know, TikTok in the future. Wow. So when you have a transparency center tour that's on background that's never really a good sign. It's unclear if the way project Texas works will actually keep the Chinese government from manipulating anything. And I should say TikTok says like, you know, we have never been asked by the Chinese government to do any of this, and even if they do ask, we would refuse. That kind of belies logic for a couple of reasons, mainly because, you know, for my talking to current and former TikTok employees, including some who have worked in Beijing. It's not like, it's not like they would necessarily even know if the Chinese government asked for something. Or it's not like it's not like in the U.S. where you need a subpoena or there's lawyers get involved. And China can just kind of happen, right? There's really, you know, ByteDance's board has a Chinese government official on it, right? There's really no separation. Like we have in the U.S. and the idea that they would refuse it is kind of crazy to me because if you're looking at potentially being jailed in China for refusing a government request, you're really not going to do it. So yeah, I don't know. There's just some really uncomfortable questions here and TikTok has just been put in a really uncomfortable spot where they're trying to be
"tiktok" Discussed on Today, Explained
"Next month. So there's a lot going on. You could kind of just throw a dart in the congressional halls and probably hit some member that once it banned. I want to ban TikTok for a very simple reason. They allow the Chinese Communist Party to gain access to all of the private data on any device in America that's using TikTok. And that's a national security threat, but it's a direct threat to our way of life, our economics. It's allowed them to interfere in the midterm elections. This company should be banned. I don't know why they're allowed to operate in the United States. The obligations of TikTok's parent company ByteDance under Chinese law requires it at a moment's notice when Beijing asked for it demands it to share any data that it has acquired on the site. And I think that that could force TikTok to surrender sensitive data from Americans. A bunch of states have banned TikTok on government phones. As of this week, 5 states, Texas, Maryland, South Dakota, South Carolina, and Nebraska all with Republican governors are banning TikTok from being used on state networks and devices. There's actually a federal ban as well. The Senate now passing a new GOP led bill that would keep government devices from accessing TikTok. To put up a firewall, the U.S. tech talk between itself and Beijing. And for different reasons, probably just because students spend too much time on it, you're starting to see TikTok bans. I call universities across the country. Not allowed to post tiktoks anymore. The University of Texas in Austin, joining a growing list of schools blocking TikTok on campus Wi-Fi networks. We've all used college Wi-Fi and it's easy to get around. So I don't know if that band necessarily means anything. But selfishly, every American tech company that competes with TikTok, you know, meta Facebook, snap, Twitter, would probably secretly love for TikTok to be banned, right? It's always nice to have a competitor taken off the field. But at the same time, I think a lot of the American companies are worried about the precedent that a ban would set in terms of the government being able to kick companies out of the U.S. like that. The main concern is TikTok's parent company. It's called ByteDance, and it's this giant tech conglomerate based in Beijing that operates dozens and dozens of apps around the world. There's a Chinese version of TikTok that TikTok was based off of called doyen that is huge, makes billions of dollars a year. And ByteDance controls TikTok effectively, right? So even though they have created a separate org and they're wanting to even further wall that off, if the government allows them to and says that's enough to not get banned, it's an app that is controlled by a Chinese company and the concern is that if you're a Chinese company, you kind of have to do whatever the Chinese government tells you to do. We, the FBI do have national security concerns about the app. So the idea of entrusting that much data that much ability to shape content and engage in influence operations that much access to people's devices in effect to that government is something that concerns it. And so at the heart of that, there's really two concerns, which is that one TikTok could be used to spy on Americans to harvest their data. Their location, their preferences, what have you. And then on the other side, there's the fear that there could be some kind of pressure campaign from the Chinese government to manipulate what people see in their TikTok for you page. TikTok is not unique anymore, but it was unique at the time when it broke out in the U.S. because of the way that its algorithm really dictates what you see. It's not really based on who you follow, like Facebook and Instagram and what we've traditionally been used to with social media. It gives them the ability to control the recommendation algorithm, which allows them to manipulate content and if they want to, to use it for influence operations. And so the fear is that that powerful algorithm that now a billion plus people around the world use a lot could somehow be manipulated in a way that could compromise American national security by the Chinese government. And so those are the two main concerns. In that context, is this app any worse than the other social media apps we have and use. The ones that lead to deaths in Myanmar because of misinformation on Facebook or, you know, the one with the loudest man in the world sounding off and twisting the algorithm to suit his own ego is TikTok actually thus far worse or are we just waiting for it to one day be worse? It's not worse on the surface, I would say the only thing that separate that I think the American tech leaders have a point in raising is that at least subject to U.S. jurisdiction and U.S. oversight, right? And there are U.S. companies, right? So they're subject to U.S. law. And TikTok is subject to Chinese law. And it's a very different dynamic. And so no, it's TikTok is not doing anything more nefarious than any other of social media companies that we talk about. They're based in America. But it's not an American company. And so that's become the issue. And that's the thing that I'm not even sure anyone knows how to actually address still. And let's just cut to the chase right here. Do we have any evidence to suggest that TikTok has ever done anything untoward with the massive amounts of data that this company has? Not really. And I say not really, but there was this one thing that happened last year where ByteDance actually admitted that TikTok employees who are based in the U.S., but still, TikTok employees actually improperly access the location data of journalists who were covering the company for Forbes and the Financial Times. What? That sounds like a big one. Yeah, it's not good. We knew that a ByteDance team called the internal audit and risk control department had tracked the specific location of individual U.S. citizens for a purpose that didn't have to do with advertising or serving them content in the app. We were the people who were being tracked. They're nice to you unless you happen to be saying nasty things about them. Well, you know, they say this is part of a leak investigation. And to be perfectly Frank, this is common, you know, American companies do this to their employees if they suspect them of linking confidential information. But the issue is that TikTok's out there saying we would never spy on anyone, look at their data. And then this comes out in the middle of a very heated negotiations with the government where senior officials in the U.S. government are becoming increasingly hawkish about TikTok. And it's really set them back. And set them back in a way that could hurt their ability to operate long-term in the U.S.. That's really the only public example that we've seen of data being improperly used. That's not to say it hasn't been used in other ways that we don't know about. And in terms of the other concern of manipulating the algorithm, we don't really have evidence of that either in a way that should be concerning for government officials. So a lot of this is, frankly, politics. It's becoming increasingly trendy to be hawkish on China and Chinese companies in the U.S. and a lot of senators are just kind of piling on with each other. TikTok is not as innocent as it sounds. It is owned by a Chinese based AI company called ByteDance. Just about every Chinese company like this is owned or controlled by the government. That's the way China works. So when you go on TikTok, China has
"tiktok" Discussed on Social Media Marketing Podcast
"Aren't necessary to share. Can you give an example of one of these that maybe you've done for one of your clients? Yeah, so a good example, let's take a reaction. If somebody is reacting to, let's say that you sell sour candy. And somebody wants to try the sour candy. Rather than you walking up to somebody and saying, hey, do you want to try my sour candy? And then they go, what does it taste like? And it's like, oh, it's cherry. And they're like, oh, I like cherry. I'll try it. Okay, well, we're already almost ten seconds in. And we had to go through all this dialog to just get to the reaction. When in reality, most people are dropping because they just don't care, and they don't know what's about to happen anyways. So you take that reaction and then having the sour candy and they're making this super scrunched up face, their mouths watering their eyes are all squished and it's either might be funny to some or other people are like, oh, I want to try this. And you take that clip, put it at the beginning. So all of a sudden you're like, what in the world's going on here? And then it pauses and it points with an arrow. This person just tried the most sour candy ever. And then it cuts and it's them starting to walk up to them. And so now they want to wait again to watch the video once more. And so they're willing to wait through the rest of it because you just delivered all that excitement in the beginning. I like this because you've actually gone to our next example, which is the reaction videos, but what I really like about what you've done is if you are doing an interview and there is some sort of really solid gold moment, right? You put that at the beginning, right? And then you somehow, in a minute, lead up to that because they're waiting for it, right? Like maybe it's just a piece of it. It doesn't even have to be the whole thing, right? 100%. So to parlay this into how that would work interview wise to exactly your point, you can take the gold piece, put it at the beginning, and then it starts in the thing is, is when it starts, and you play all the way through, the ending is the beginning. Right, and which is the gold. It's a loop. So that's the best part. So technically, it still works out. Because it forces them to still watch through and they can still understand it without being confused. So it's not taking it out of the timeline. It's just a loop. So when it comes to loops, is there any do you have to pay twice for it if they watch it twice or how does that work exactly? Now, if anything, it just drives up your view volume lowers your CPM, it gets you better results. TikTok wants ads to have high watch time as well because it means that it's relevant. Higher watch times, even on Facebook, this applies to. Last thing these platforms like TikTok and Facebook aren't is to serve an irrelevant ad that doesn't make any sense for somebody. Let's say you're showing diapers to somebody who has no kids. That is something somebody just wouldn't have an interest in. So they're likelihood of staying on the app, actually decreases. You're more likely to jump off. So the more relevant the longer you can get someone to watch the better you're going to be with your cost. Okay, so reaction videos, you just gave us an example of a reaction ad that's combined with a interview style ad. Are there other types of reaction videos that are not based on interviews? If so, maybe explain that a little bit. There's absolutely. So there's so many reactions, style video formats. A lot of times if you have a product or a service, you can be in different locations. Let's say you're in the gym and you're selling supplements. And as people were walking out the door, you're having them try your new flavor. There's another brand that's selling sake, soda on TikTok and it's him and a different grocery store locations and he's essentially filming each time he has an interaction with somebody who's doing a taste test on his product. So that's a public location. And there's so many areas you could do this in New York. You could do this in any space really where there's going to be people. It's getting people to try something or react to something. And reactions can also work with asking strangers questions. If you've seen the video of the Daniel guy who asked strangers questions like, what do you do for a living? It's like, hey, nice car. If you've seen those videos, it works extremely well. It's asking a stranger question and then the reaction comes from either the people watching the videos or the person reacting to why is this guy asking me what I do for a living because of my car. So I've seen videos where there's this guy that asked these random girls how much do you pay for rent in the city that he's in? Have you seen these videos? And then they end up getting and then he says, can I get a tour of your place, right? And then they show off the whole place, right? And it's really, really interesting. He's not selling anything. But he is essentially, it's got a little bit of a kind of a shock because he's asking someone a question you don't normally ask people in public. Absolutely. In this reaction to all video, is really a broad term for so many sub video that you could try. Like asking somebody about touring their home. Right. And that could end up developing into him getting deals with either apartment buildings or getting him deals with real estate agents and stuff like that. So there's so many opportunities that come of these things. It's unreal. Okay, so we've talked about reaction videos, interview style videos, product comparison videos, founder stories. Now I guess the question is, how do we analyze what the heck is working and what's not working because you said that there's definitely drop off and there's got to be some like, what's your take on how we assess if it's working or if it's not working? That's a great question. So for to define working, you have to understand what your ultimate goal is. From an organic standpoint, if that's followers and views, whichever format out of those formats we just shared that you've tested, whichever ones, and you can see this in your analytics, you click on more data on your video. It'll tell you how many followers you got. It'll tell you how many views you get. How long they've watched it. Whichever format, if you did the interview style 20 times, new average at least a hundred to a thousand followers per video. And you did the reaction videos 30 times, and you only get ten followers per video. You would likely just want to stick to the interview style video to maintain your follower growth if that's your goal. Now, if it sells, and it's working really well from the reaction style video, well then you're going to definitely want to test that by launching it in ads. Because if you do so, it's going to be really easy for you to not only fuel your organic growth, but being able to take that format, editing into your actual ads manager, and then fueling it even more with some ad spend. So you're getting two benefits from this. Both the organic side, then the ad side. And that's where you can have your rotation rotation weekly. And you just basically take your best videos out of that pool organically. Not every single one, just take your best ones and migrate them over. You mentioned earlier that there's sometimes untrackable Google searches that come as a result of doing these things. What advice do you give to people if they're just doom scrolling if you will for lack of better words through TikTok and they happen to see your ad and then later they forgot what it was so that Google it. How in the world do we track that kind of stuff? What's your thoughts on that? Yeah, that's a good question. So I mean, expectation wise, you don't want to look at TikTok is like the platform that's going to solve all of your sales issues or solve or be this next channel that's going to be the main driver of all of your growth. A lot of times TikTok is going to have a lot of indirect value that comes from it. Long term and short term. And one of those is people seeing your video on TikTok many of Google search and then you're getting the credit sent to Google even though they originated from TikTok. One of the ways you can track that is by having a short survey asking people to do self identify where they came from. After they purchased or after they complete your service, how did you hear about it? Maybe you have a checklist like check all that apply. Google, TikTok, dot, dot, dot. Totally. And it's not a 100% every time, but it's going to give you better insights into where they came from. Because if you know they came from Google, and then they share with us that they originally heard about us from TikTok. All right, let's split it up 50 50. They chose to go to Google, but at least we know they at least hurt us. Maybe on this platform that they just selected. So that can give you some insights, tracking as well. Let's say that they click on your ad. If you have a UTM applied to it, that is just essentially a unique tracking metric. That's why it stands for. If you have TikTok appended to it, it came from TikTok. It adds it into your system. Well, let's say they didn't purchase and you're still tracking that data. If they eventually say, oh, what was that ad I clicked on that I didn't buy from that I should have checked out on, I remember its name, typed it in on Google. Here it is. There's my car purchase. Well, it'll still say it came from Google, but at least if you go look at the user journey, you can say, oh, they did originate by clicking on my ad from TikTok, even though it didn't get the credit in the system. Is there any tips on helping people remember your company? Do you recommend flashing a logo up on the screen or a name? Because I would imagine most people that are watching TikTok ads just don't act at all. They just move on to the feed, right? Or they see whatever comes next. Any thoughts on that? So I mean, there's going to be things you can do in advance that are just good plays to begin with. Short names for brands, if you think of like words like Google, YouTube, easy to understand words, rather than having like
"tiktok" Discussed on Social Media Marketing Podcast
"TikTok was near ten to one what Facebook was producing. We're paying two to $4 to click on Facebook, whereas TikTok's giving us Tencent clicks. And so the retargeting audiences all of a sudden went from doing three X to 6 X 7 X on Facebook ads because we were pulling in so many people from TikTok who already previously had accounts on Instagram and Facebook. So the audiences in the pixel started picking this up. And we could start to see that the returning audiences were benefiting dramatically from the lift and overall sessions and traffic coming from TikTok. So really, it's not like your main driver for getting amazing return on ads has been over long period of time. It's really for explosive growth, I would say, and being able to, you know, if you are going to maximize the channel, then you've got to understand how it plays into your other marketing channels as well. It's not the one channel you should have. It's definitely one that's one plus one equals three type situation. It will add more great benefit having it working in tandem with your Facebook ads or your Google ads. It can help with your search volume if you have good rankings already. And it can lift Amazon sells as well. So it's really a good piece to add into the puzzle that's going to give you a better picture of your marketing outcome. Earlier you were kind of alluding to some of the important things marketers need to understand about TikTok ads before they start. Let's restate some of that and there's plenty of people right now. I mean, most people, frankly, aren't using TikTok ads, that's actually honest, right? So what do they need to understand about the TikTok platform? What have you figured out that you can share some wisdom so people don't make some of the mistakes that maybe you made or that you've seen other people make? Yes. The biggest thing is going to come down to the creative and the format of the creative of how you structure the video to be able to resonate on the platform. You can't get away with making it look like an ad, the TikTok community is too strong in the sense that they like raw authentic format video, short form content, they trust it more than Google and a lot of ways because people are searching now on TikTok. Hey, how do I fix this sync in my home? Or, hey, what's a good workout routine? They're getting quick answers there because they're trusting this content better than they would in article on Google. And so because of that, you have to fit in that format with your ad to be able to successfully resonate with an individual to get them to convert. And we can talk a little bit about the video stalls here in a second, but just to focus on what the fundamentals are, you need to be able to have a creative capacity to launch content every single week. This is important because if you aren't launching new fresh creative every single week, then the algorithm is not going to necessarily favor it, your video is going to drop an overall return on ad spend, your CPMs can end up rising. TikTok likes fresh content constantly coming into the ads manager. And it's been proven and they share this time and time and again. If you want to be able to eventually scale, you're going to need to be able to be putting a new creative every single week to have it always fresh. Whereas on Facebook, if you launch an ad, you can let it run for a good amount of time. It could be two weeks, three weeks a month, three months before you see a diminished return on ad spend, TikTok, it's going to be a weekly thing. So if you can figure out a way to constantly get content from either curators, if you don't know how to do it in-house, or if you do know how to do it in-house, then somebody on your team who's constantly creating a new video every week for your ads. A couple of quick questions. You mentioned earlier that people are searching on TikTok for things, which is probably fascinating for those of us that are in active on TikTok, like I'm not do the ads show up before the organic content when they're searching. It's in the second or third placement. So it would be in the first few videos you see. This is big because now it's playing at SEO. Now you're asking me SEO base. If you have the right keywords, if you say what's the best fitness routine and you have a fitness program, now you can literally say sponsored on your video as a second or third placement there. The shelf life of the content is kind of surprising, I wonder if it's because it's an ad, right? Because isn't it true that some organic content can go a lot longer than a week? Absolutely. Yes. We've seen videos run for many weeks, even videos that will gain a thousand views a day over the course of a year. So is it possible that the videos that we create as ads could still have lift if they're really successful and they're not ads anymore? Do you understand where I'm going with this? Absolutely. So that is a good question. So a lot of times it could be that most marketers are launching a video and maybe it's not sustaining at scale. And so it gives out after a week. But a lot of times, if you have a really solid video that say, can convert over a year time frame where you're maintaining a thousand views. And you launch it into the ads. The chances of being more successful in lasting longer is true. I'm not saying that every video will die 100% after 7 days. But the percentage of ads that deal is substantially higher than any other platform by far. Is it true that you start with a piece of organic content and turn it into an ad or is it an ad that disappears after the shutdown? So you can leverage organic videos in what are called spark ads. I'm going to spark out is essentially taking an organic video, whether it's from your profile or somebody else's profile. It doesn't matter. You can run the ad from whoever's paid you like, as long as you get what is called a spark add ID code. You take that, plug it into your ads manager and essentially you can run an ad from either their page or your page and the more views you drive it. It can gain likes and that will also affect the lights directly on your organic video as well. But the videos that we're talking about are not spark ads, they're just organic ads. They're just video ads that when you shut them off, they disappear. Is that generally what I'm hearing you say? In our case, ads would just be spark ads or videos you've uploaded to the ads manager. Got it. And when those ads are done delivering, they disappear, but it doesn't mean you couldn't use the content to fulfill on your page later if it was successful. Organically? Yeah. So I mean, if it's working organically, you can certainly test it in an ad. Okay. We found that coming up with ad styles are very, you know, you want to focus on ad like videos for sure and your ads manager rather than just only using organic content. Okay, so so far we've talked about that the shelf life of these is relatively short. And you've come to this conclusion, what happens after the first week will continue to deliver ads, but the costs go up or will it just kind of die out? I mean, just help people understand why what happens after that first week. Totally. So you're definitely going to have to allow your ad to get some time to optimize. That could be four to 7 days. And then it will continue running thereafter and getting results. Usually what will happen is you'll see really good return on ad spend within those first few days, four to 7 days. And then over time, your ad, your return on ad spend goes from like a two X to a 1.8, 1.6, each week, it's starting to decrease. Whereas if you notice, each time you launch an ad very similar to the one you already have, it could be near spitting replica of it, just slightly different scenes, but it always jumps up in row as when you launch it compared to the other one. So the strategy that we came. Okay, rather than allowing this just to slowly drop over time or jump off a cliff in some cases. Why don't we just continue to repeat these ads over and over just launching them weekly and maintaining the return ads been at scale. And that's what we found when we were doing this for a campaign where we were spending $300,000 per month at our peak 30 to 50 K a day. We were receiving 20 pieces of creative content weekly to float this entire system we had going. We'd have 20 creators launch videos, we'd receive these videos, we'd launch those 20 pieces of creatives into the campaigns. We'd be spending ten to 30 K than 30 to 50 K daily. Those videos would do extremely well during that time frame because we had enough for us to be able to push out a lot, get a lot of results. And then we'd see the diminished return after about a week and we'd say, okay, we need another round. And we just continue this process at scale every single month. And that got that app to the number one spot
"tiktok" Discussed on Bloomberg Radio New York
"Just see the outcome like that. You know, when you look at the TikTok website and you look at its community guidelines, they do hear the specific tab for minor safety. And they state very clearly that you can not post upload stream or share any content that implies or depicts a minor in a sexual way. That's including a minor with sexually explicit song lyrics or content with sexually explicit dancing over minor, and it even specifies saying this includes twerking, breath shaking, pelvic thrusting, fondling of the breasts, so they're very specific about what can stay on and what should come down. In response to pressure from lawmakers, in February, TikTok said it would place new restrictions on what it calls overtly sexually suggestive content. It said, users under 16 would no longer be eligible to appear on the apps for you page. That's this algorithm curated feed that recommends videos to users. But users under 16 can still appear in the four U feed of those who already follow them. And the new rule won't affect Jenny papa's videos. She turned 16 in November. I think the problem is for the individual moderators whose job it is to make that decision at the end of the day, they have a judgment call to make in just 20 seconds and they have to look at a thousand videos a day and it is very hard to decide if a video is sexually suggestive or not. What is the day of a moderator for TikTok look like? Content moderators at TikTok are effectively scanning through videos that have been uploaded to the platform where the artificial intelligence have flagged them as violating one of TikTok's community guidelines. So first computers search through these and then they throw out flags based on algorithms that compare it to lots of different photos and say this looks like possibly
"tiktok" Discussed on a16z
"Let's talk about dissemination and really distribution. Yeah, so the algorithm essentially sits at the center of all this. We algorithm is going to determine who gets shown what videos. And creators are only going to go typically to a network where they feel like they have a chance to get disproportionate distribution of their content. And the way that TikTok has short circuited that process and accelerated it is by using an algorithm rather than a social graph as the primary access of distribution. Say a little bit more about what that means just for our listeners who are not in the weeds of social networks. Right. So on a typical social network like Facebook or Twitter or Instagram, you start posting content and then you try to acquire followers. And this builds out kind of a social graph, right? It's an interconnected web of people. And based on who chooses to follow you, you will get distribution of your content to them. And then eventually if the network gets really big, they'll put some algorithmic feed into place where not everything you create will be shown to the people that follow you. I always think of this as the very traditional path of social graphs where the follower graph kind of determines the pathways through which content travels. Which is then very pat dependent shaping the future of that social network. Exactly. And so if you don't build up enough of a following, eventually your content gets no distribution, you'll turn out of the network or maybe just become a viewer where you only look at other people's work. TikTok doesn't go through that process at all. They have the ability for you to follow creators, but that content is put into a secondary tab, the following tab, which gets just a fraction of the traffic that the FYP tab gets. Which is the for you page. Before you page, essentially, they use the algorithm to determine what you see.
"tiktok" Discussed on The Way (Audio Podcast)
"You know, we're in this age of social media, which is just, has a lot of pluses and negatives to it for sure. And, you know, one of the new platforms where a lot of the young people are going is TikTok and I was reading an article, like I typically do about the haps, you know, going on in the, you know, in the Christian community and there's apparently a so called pastor Christian pastor in TikTok and these are young kid. I mean, he's really young looking for, you know, from his pitcher that has about a 187,000 accounts following him and maybe over the last year of the periods that he's put videos out there. He's got like, you know, about 4.4 million likes. Out there. And you would think, well, that's awesome. Somebody's leveraging the gospel, they're out there preaching, but let me tell you, as I read the article, this is an individual that graduated from moody Bible college, his name's Brandon, Robertson, and he is a super progressive preacher they're calling him, but he doesn't believe in the resurrection. He doesn't believe there's a heaven. There's a hell. And basically has dumbed down the Bible to essentially just being the fact of love your neighbor. Doesn't believe that there is a call for holiness through the scriptures, obedience. Or that Jesus is teachings on heaven and hell were real. And of course, I get really worried because this doesn't sound like a Christian pastor preacher at all. And certainly if you're in some online environment, you're not really pastoring anybody. You need to be face to face to folks to really pass and lead a group. Now there's nothing wrong with, you know, preaching in social media. Hence, a lot of what we do. At the same time, how can you claim or how can you say that you are.
"tiktok" Discussed on Daily Tech News Show
"As we were talking a few minutes ago. There's just so much that happens on tiktok and if you're going there to get recipes or you learn how to like coke your bathroom or you know something like that You you can find that in so you know what she was telling me is that it's not surprising to her or would it be surprising to her. It's kind of tiktok continues to evolve in a way where you're just kind of taking care of increasing number of like social needs in a way because you can use tiktok for so many different things sarah was saying earlier like for some. It's language learning for others. It's recipes for some. it's it's like remodeling ideas or even real estate even doing like you were saying there were home tours or something you saw right right so one of the people that i follow. Just out of sheer curiosity is a real estate agent in new york city and he does tours of apartments in new york city and chelsea what you're getting for how much and sometimes these listings that he's actually a kind of in charge of or however that works in so i'll see that he's built like his phone number something in the comments like if you're interested like text me call me and we can talk about this apartment which i think is is really fascinating and not something. I would have thought of tiktok as a place to go to. If i were looking for a new apartment. Yeah it's fascinating because tiktok is different for everybody in a way that i don't think twitter facebook are like like some people think of tiktok as a particular sub community so dating feels like that's a natural part of like. Oh i hang out with all the cooking. People are all the korean language people and like. Oh that person's got a cool. Oh they're single. Well that's interesting and then you've got a shared interest right from the start right exactly. And that's what's funny like you said if you're on there for a while and you're kind of actively trying to manage videos and everything that pops up like you end up with an incredibly distinctive for you paid rather it's like i see a lot of illustration software tips. You know for example But if the thing that's on your mind that's really pressing is is dating and sort of humor around being single and life is a single person in whatnot. That's that's a whole other thing on there. We'll really quickly. Spotify has made paid podcast subscriptions available. Us today through its anchor service with twelve.
"tiktok" Discussed on Daily Tech News Show
"As we were talking a few minutes ago. There's just so much that happens on tiktok and if you're going there to get recipes or learn how to like coke your bathroom or you know something like that You you can find that in so you know what she was telling me is that it's not surprising to her or would it be surprising to her. It's kind of tiktok continues to evolve in a way where you're just kind of taking care of increasing number of social needs in a way because you can use tiktok for so many different things. Sarah was saying earlier like for some. It's language learning for others. It's recipes for some. it's it's like remodeling ideas or even real estate even doing like you were saying there were home tours or something you saw right right so one of the people that i follow. Just out of sheer curiosity is a real estate agent in new york city and he does tours of apartments in new york city and chelsea what you're getting for how much and sometimes these listings that he's actually a kind of in charge of or however that works in so i'll see that he's built like his phone number something in the comments like if you're interested like text me call me and we can talk about this apartment which i think is is really fascinating and not something. I would have thought of tiktok as a place to go to. If i were looking for a new apartment. Yeah it's fascinating because tiktok is different for everybody in a way that i don't think twitter facebook are like like some people think of tiktok as a particular sub community so dating feels like that's a natural part of like i hang out with all the cooking. People are all the korean language people and like. Oh that person's got a cool. Oh they're single. Well that's interesting and then you've got a shared interest right from the start right exactly. And that's what's funny like you said if you're on there for a while and you're kind of actively trying to manage videos and that pops up like you end up with an incredibly distinctive for you paid rather it's like i see a lot of illustration software tips you know for example But if the thing that's on your mind that's really pressing is is dating and sort of humor around being single and life is a single person in whatnot. That's that's a whole other thing on there. We'll really quickly. Spotify has made paid podcast subscriptions available. Us today through its anchor service with twelve.
"tiktok" Discussed on Daily Tech News Show
"As we were talking a few minutes ago. There's just so much that happens on tiktok and if you're going there to get recipes or you learn how to like coke your bathroom or you know something like that You you can find that in so you know what she was telling me is that it's not surprising to her or would it be surprising to her. It's kind of tiktok continues to evolve in a way where you're just kind of taking care of increasing number of like social needs in a way because you can use tiktok for so many different things sarah was saying earlier like for some. It's language learning for others. It's recipes for some. it's it's like remodeling ideas or even real estate even doing like you were saying there were home tours or something you saw right right so one of the people that i follow. Just out of sheer curiosity is a real estate agent in new york city and he does tours of apartments in new york city and chelsea what you're getting for how much and sometimes these listings that he actually kind of in charge of or however that works in so i'll see that he's built like his phone number something in the comments like if you're interested like text me call me and we can talk about this apartment which i think is is really fascinating and not something. I would have thought of tiktok as a place to go to. If i were looking for a new apartment. Yeah it's fascinating because tiktok is different for everybody in a way that i don't think twitter facebook are like like some people think of tiktok as a particular sub community so dating feels like that's a natural part of like i hang out with all the cooking. People are all the korean language people and like. Oh that person's got a cool. Oh they're single. Well that's interesting and then you've got a shared interest right from the start right exactly. And that's what's funny like you said if you're on there for a while and you're kind of actively trying to manage videos and everything that pops up like you end up with an incredibly distinctive for you paid rather it's like i see a lot of illustration software tips. You know for example But if the thing that's on your mind that's really pressing is is dating and sort of humor around being single and life is a single person in whatnot. That's that's a whole other thing on there. We'll really quickly. Spotify has made paid podcast subscriptions available. Us today through its anchor service with twelve.
"tiktok" Discussed on Change Lives Make Money
"Time because topple knock push your videos out of the four page and that's your watch. Time is high. It's very black and white here all right so guys lasting. We're gonna add with that if you're videos over thirty seconds your video needs to be over fifty percent. Wash time that's awesome. We're gonna add so if your video is like right now. Tiktok is going to be releasing three minute videos. Like that's their next move so they're heading towards that direction and so if your video is over over thirty seconds your video needs to have over fifty percent last time okay. So number three guys. This is super important. Has been helping me out a lot lately too. Don't recreate the wheel like guys. This one's super important fine good content and then recreate that content like find content. That's already viral and recreate it. Here's a little hack for you guys. That are tiktok creators at want to do this. On your tiktok main screen. There's three little buttons it's like it's like your videos and then there's your videos than it's your saved videos. I think those are the three categories that falls into in the middle category. It shows you all the videos that you've liked to have any you guys ever seen the screen on your tiktok. What i'm talking about. Go to your tedtalk right now. You open up your home screen like your profile will be your your videos. And then there's a middle section. That's the videos that you've light and then there's another section so you guys want to recreate tiktok videos. Here's how you do it. You literally every video that you like will appear in your leg videos and so if you see a video to the you page and you see a video that you like like that video and then it's going to appear on your page and then you can go back and recreate later accents. Like don't recreate the wheel. Find good content and like that content and then go back and watch later recreated. I'm gonna tell you guys another hack. That i'm doing is i. Found a comedian on tiktok gets like fucking hilarious. Like i spent an hour on his tiktok yesterday his student money but i'm taking his videos that he's doing and then i'm like okay..
"tiktok" Discussed on Building an Indie Business
"So part of revenue researches me coming up with crazy ideas to a for this industry or the industry that i'm writing about to like to maybe use in. Maybe give me credit in the future. So i wanted to just shoot him now making make him feel no comment there. So i have a revenue ideas that tiktok can use and i wanted to get your opinion about on these brennan so my first idea is that when i was first on tiktok i i wanted to sell my book right. I was trying to get preorders and It wouldn't let me like post a link to the book in my bio. So i can do like lincoln bio as i would do on instagram. So what do you think about the ability to buy like that. Feature of having the link in the Like having having the lincoln the bio right away so light. I signed in tiktok and i paid ten dollars a month to have the lincoln my bio and when they include the ability to sell directly through the phone like say like a walmart right. The lincoln bio is going to take you ju- as separate payment prices are outside of the platform right. And now you've lost your tragic lost. So if you're let's say at the end of simmons feed in its average popping up at where either way they're getting Generating revenue you clicked on the ad and then go to purchase the book. Those types can be mean fit into business model. But that's why. I like the idea of embedding. The ability to purchase is right amazon. Started out bookstore right. Who's to say that like if you take the walmart and amazon. Why wouldn't walmart have can stories or books or evokes movies purchaseable right if there's a clip in the background of Audio sample and it's friday the thirteenth playing should have a little pop right. There that says like right. Friday the thirteenth done stars right now ray like those are ways that they could get punched affiliate revenue by actually engaging directing with at honing in on. What the actually user is interested in it right now right and then i. I just realized another problem with that idea or like a problem. Is that so for those. Who don't know the goal of a social media platform is to keep users on there as much as possible so by allowing me to put the lincoln the without having cod of that. I'm going against their goals. And that's why they're not going to allow me to have that feature right away but the thing about my idea is i'm paying for it. So they're getting some revenue from me having to pay for it. Correct or a. Don't wanna have handled internally. Maybe you give them five percent of all other sales from that link versus two percent from the choosing their native in purchasing but also wouldn't that be difficult to track. I'm going off their platform on the like my website Data analytics while you do that. That sound like pixels. They have like they object backs they allow you to cross across the gross Attracting an-and three ideas. That was the first one. my second. One is boosted posts. So like as a user. I would be able to pay so that more people see my product. No my post on tiktok. Um yes so. I called this user ad revenue..
"tiktok" Discussed on Building an Indie Business
"Click seems to be the instagram's fashion Purchasing to tiktok immersive and interactive lifestyle purchasing That's the way. I viewed it microsoft being the largest hosting provider in the country in the world And the security level the Financial end user data it can collect the ability for it to process payments invoices receipts Returns and have the data on each user is very important right. So you have microsoft's infrastructure because remember you just lost bytedance's walmart ability to provide you any type of any form of materials whether be clothing or flowers right on On mother's day or something that are advertising. There's another revenue stream there. And if we consider the size of walmart and then consider the millennials and gen z the. Don't shop at walmart but onto. I see it being humongous if worked out correctly. Potential revenue Net revenue creation revenue Innovation in a sense that walmart can put itself back on the map. Get itself acquainted with the younger milady. Old z audience and start to analyze. What's products are actually being Being pursued being cooked on what are the average ages of each product I believe that's weird walmart. Got itself involved. I believe that. That's how Continues to grow and earn significant significant amounts of revenue outside of the typical show platform Hyped up valuations and Crazy multiples on on revenue. I think tiktok is much stronger. Case for whether it's public or eight. Become a subsidiary of amazon walmart a major retailer while keeping all of its social and ecological computing capabilities and operations separate. They may be able to have a basically. Let's call it the modern day. Target the got everything pending upon. What kind of style. You're in what budget you have. But it's right at your fingertips and you could see who else you know. Like respected admire highs. That exact item. And that's the single greatest incentive to buy the strongest buyer of comes from word of mouth marketing. Yeah and then. Another thing with walmart is a of trying to buy something online. Like over the holidays. And i noticed that the these weren't products like when i looked when i searched for these weren't products that were being sold only by walmart. There were.
"tiktok" Discussed on Building an Indie Business
"Followed this conversion foul and then how many other unique are like him or her that to me is a fair way to analyze your data to yoga will to know whom we xactly done. What lucy is the the what by knowing no on anonymous Name and data masking and beyond that. It's strictly right there. A picture of you your account what. You're listening to at the moment. I'm fine with that if it's only my followers right so for me the whole model of tiktok a little bit I guess scattered. I feel like there's a few things the they do well but then there's a lot of things that don't really make sense to me in terms of the business model and that's where i wanna cut your next so night. I was a little confused so for twitter. I i log in the like twitter ads. And i treat the ad myself and then i give them my budget. And then i put in my credit card in that so a twitter advocates born. So like how do you. How do you advertise on tiktok. Let's say i'm i. I wanna advertise revenue research on. Tiktok how would i do that. Okay so there are a couple of different ways right One of them is certainly their brand Influencers in their brand partnerships are what are mean generating it in deriving those There's advertisements so differently than seeing the apricot bitch shirt as a nat- or instagram. You may a certain celebrity. Ray wearing all say nike apparel right and that post was paid for split in revenue between the influence of the End tiktok for allowing the advertisement of another brand right to represent and be represented at such a large viewership on their platform. If i have a million viewers and you throw a nike shirt on a ten million people are seeing getting the parent company. A right to say While without my cut. They're not allowed to wear the shirt right. That's only fay so in my opinion. It's a lot more safe knowing that. You're not actually pro. Grammatically being distributed adds that could be from anywhere filled with now where you cook on announced pick some tracking you. It's much more advertisement and marketing jetta oriented in music apparel events Promotions right Filters in different types of of of interactive immersive experiences on the platform. Show where i think is they have definitely a business model. That is here to stay as long as they're not only focused on the strategic advertise Mass quantity of users low cost per click generate advertisement revenue through the mass interactive en mass actions being triggered on the site so tiktok main revenue sources bytedance owner me about seventeen billion dollars in two thousand eighteen. A well k. Seventeen billion.
"tiktok" Discussed on Building an Indie Business
"Influence your creator model. Everyone on in on tiktok in via creator right us. Pershing video share them become viral. Had the audio behind you. Which trending bets. That's the feeling of Now would i feel is sort of dangerous with that. Right is that bytedance still does control the majority of their parent company majority of that data and or storage of that information that us tiktok users in the united states and across the world are actually drafting now. Tiktok is private company. Ray is owned by chinese organization by debts. If anyone could tell me another bike gant application. I'd be quite shop. Alex new Now i know they owned musically and then they turned it in tech talk. But i don't know much after that correct so there. Other applications include lark which is in china. The brew workspace. Basically you have your app. Email chat drive right the bat a music label with music streaming app and then in china tiktok exists in entirely different form. It's called by do. This is because the tiktok. Us and the world regulations are different than china's right now. More reason to believe that the scrutiny. They're receiving may or may not be warranted but it certainly seems that there is steps to at Taken to differentiate the two and not just consolidate all data in one in hold onto I'm not sure how you feel. Algae i know that you're not really a tiktok users Are you at all interested in like what they might be doing. Information had they had it kind of so I was on tiktok to promote my book. Back in july and It just didn't work out too. Like i couldn't get traction so i kinda just stopped using it and then i found out that all all the like they're they're taking the data like what i didn't like was that they were like saving was putting on the keyboard and so i deleted it after that and i deleted my account to but my nephew just made a tiktok account so i might jump back on it to support him and watch videos I mean that. Definitely certainly make sense. I would i would bet that almost all Yes all at olitical. Tracking tools will be tracking. Your key clicks on click isn't analytic event. Yeah which keys on a keyboard. That's a little tricky But you wanna know what's click therefore like follow the funnel so then tracking understanding alex agni's right clicked on this item. This second is way less relevant. Dan use your. Id arm is right..