35 Burst results for "Zero Dollars"
Launching Statamic 3
"Time we were talking, we were talking about how the static three. was imminent it was around the corner. Without an exact date, it was almost there but not quite, and now it is old news. It's all due to it already. Done our traffic is is back to zero. No, it is dude it went. Well, it was a great launch. It was the smoothest launch we've ever had and things are I mean I'm pumped? I've actually slept a couple nights. Yeah. No no crazy emergency disaster scenarios or minimal. No. There was like one issue with a with a database migration that has actually ended up being a red herring. So it kept our site down a little longer than we planned, but there actually wasn't any problems and boom than we were. We were up and running. That's good. So I, mean you said it went well, what does it mean to go? Well, how much? Are you willing for about it. Yeah. So I mean going well would be are going poorly would be, oh, my God is broken. GotTa, know the pricing model has changed and like screw it I want refunds on everything you know like all of those scenarios like falling apart. but we were in Beta for six months. So the code base, there was no surprises area most people had right. That was that was pretty clean. We did Server Migrations and upgrades a month ago ahead of time like and then all the redesign stuff was on a separate branch. So we knew the server didn't need any work. We just had to basically composer install like you know build a new talent stuff. So that went pretty smoothly. And then people were adequately prepared for what was coming and everything worked. So He's Like all the upgrades going going fine Most of them are free because you know we gave them like a grace period upgrade from two to three. They're flooding in and every single time. It's like zero dollars zero dollars zero dollars zero dollars. is like a good feeling and has also like Well Hey, you know that's it. We're a long haul and people are using it in their excited. So to me, that is all I can hope for and it met all expectations. So Nice. Yeah. What's changed? I? Guess in terms of the day to day. In Stein mcclen now, like doing recon having straddle the V Two v three worlds a little bit more before he kind still making that transition in terms you have for sure there'd be. Like their report Super Educates bug for Vito like some I. Feel tape most people don't use and windows like seven like Oh, God I don't want to put up a vm just test this thing like well, the three it's fixed but It's not official yet. So I guess we need to work on that. Now we can say like education. Bugs. Come on. It's a free upgrade wrote for free to do like ninety, nine point nine percent all the work for you if you can play hour of work and you'll get more out of it and it costs you nothing. So yeah, I think most of the time people are are totally and so far they've been totally agree with that like. Yep Dot Click, whatever so that part has changed and then. Yes it's like being able to use v Three's not as a V. Three is Beta. ME. Every single like, oh, we should probably just switch to three I know like it doesn't really look like it's But. I mean it's actually more stable than V two probably is but yes. Yeah. We don't have the hedge our recommendations anymore, and at the same time, we also now can't use it as an excuse for not doing something not that we would like do that actively but every now and then it's like. Yeah. We were kind of working on this other part of the launch right the redesign working on something else and we'll get to that soon but it's Beta. You know. So now is oh, that's important. Let's fix that immediately and so that. You know on both sides of the fence both like freeing us up and also like putting us into a proper responsibilities both of those are are happening and that's that's what needs to happen. Right important.
Tesla's $5 billion share offering to be priced 'at the market'
"Today we are talking about Tesla's possible equity distribution of people have been calling the capital risk today and it may very well be, but we'll go into the details on that. Also, the implications that that may have four, S&P five hundred inclusion, and just a quick update on how that looks after the stock split, and then we have a been a news on model y out of Shanghai as well. So Tesla stock on the. News today was down four point, seven percent to four hundred and seventy, five dollars, five cents but a pretty steep drop from the after hours trading yesterday in the pre market trading today where tussle actually peaked around five hundred and forty dollars per share still though even with that drop today. TUSLA still up post split remember the split happened around four hundred and forty two dollars per share. I've gotten a lot of questions on why it would drop. Today I never know you know you can't you can't know for sure but it did drop on the news of the potential capillaries, which will obviously go into more detail on here. But many brokerages have seemed to have some issues with handling the stock split, which has made in some cases trading unavailable for some people. So there may have been a decent amount of shares locked up yesterday seems like a significant amount of that has been freed up. Today so many of those people in those circumstances may have decided to take some profit off the table after the run that we've seen the last couple of weeks, there's been some theorizing around the Internet that may be some of those brokerage issues were caused by naked short selling, which essentially means your selling a share short that you have not actually borrowed from anyone. You're just sort of creating your little share to sell to someone with the expectation. Being that if you would need to actually deliver that share at some point, you could go and borrow one. But the theory is that the split caused some problems for people in that position because of the need to deliver the four extra shares which has then resulted in some of the scrambling that has caused some of the share lockup for this period. Personally I am relatively skeptical of that theory the only reason that I really bring it up. Is because number one I've heard people having issues with their brokerages the last couple of days and number two to provide an example of things that may not necessarily be known. That could also influence the stock price rather than just the news of the equity distribution today are getting into the possible capital raise. Then I'm sure by now most people have heard that this morning tell disclose in a filing that they have entered into an agreement that will. Allow them to raise up to five billion dollars in cash through a follow on offering of Tesla stock. So that means Tesla can sell share of the market they keep the money for those shares and use that for their business purposes those shares if and when they are sold our newly issued shares. So that ends up increasing the outstanding share count deluding existing shareholders but for the exchange of the new cash coming into the business which can increase. The value of the company. Now in this case was particularly interesting is that normally when capital raises happen, follow on offerings happen there is a fixed price fixed number of shares. So company is going to say, okay, we're going to sell twenty million shares for one hundred dollars a share and raise two billion. That is not what Tesla is doing here. So this is an equity distribution agreement also known as an at the market follow on offering which means. That Tesla as the issue or can work with the banks that are helping facilitate the transaction ten for banks to decide based on the price that day if dessel wants to sell any of this offering all tesla spells this out very clearly in the filing saying quote, we will designate the maximum amount of common stock to be sold through the sales agents on a daily basis or otherwise as we sales agents agree and the minimum price per share. At which such common stock may be sold and quote. So Tesla could end up raising zero dollars from this. If they don't like the price that they're getting from the market that could also raise five billion or any amount in between and they to make this decision on daily basis or even more frequently as they say, they are if they agree to that with the banks facilitating this offering, Tesla just set the minimum price that they'll take and. If it doesn't hit it. Well, that's fine. Tesla doesn't need to raise capital them. Tussle highlights this point in the use of proceeds section. In the filing saying quote, we may issue and sell shares of common stock having aggregate sales proceeds up to five billion dollars from time to time because there is no minimum offering amount required as a condition to close this, offering the actual total public offering amount commissions and proceeds to us if any are not. To terminable at this time and quote as far as what Tesla would actually use any capital wrist four, they say quote, we currently intend to use the net proceeds from the offering to further strengthen our balance sheet as well as for general corporate purposes and quote. So personally I am thrilled with this Tesla now has the ability at any given point in time any single day to raise up to five billion dollars if the stock price surges in any. Particular Day for whatever reason Tesla can offer some shares opportunistically raise some money maybe they decide they wanNA raise a billion or two billion. They have that flexibility. The only real disadvantage of this kind of structure that you're not getting that fixed price you leave yourself vulnerable to a falling share price. So if you actually need the capital, sometimes those fixed prices can be better because you're assuring that you will get that capital, but if you don't need. It and you're just trying to raise opportunistically than this is a perfect structure. My point of view has mostly been that tussle doesn't really need to raise capital. They've got a lot of cash on hand and I think free cash flow is about to start to really ramp up is next few quarters. So even with the market cap being what it has been, I've basically been of the mind that if dessel feels like they need to raise the. Capital all support it, but it doesn't look to me like they need to. So I'm just as happy if they don't and this seems like a perfect middle ground, I liked the amount as well. Obviously could be anywhere between zero and five billion dollars. But even if it is maxed out at five billion and even if it's roughly around the share prices that were at today, let's say five hundred dollars a share. That's ten million new shares Tesla. After the split has about nine hundred and thirty one shares total outstanding. So that's about one percent dilution only that you're looking at to raise possibly five billion dollars even if you don't think Tesla needs capital Beth such small delusion having cash on hand as Tesla said, would improve the balance sheet that can go a long way in improving their credit ratings that can allow them to access cheaper debt there can be a lot of benefits of that cash. I wouldn't advocate for it, but they could use that to pay down some of their outstanding debt, cut those quarterly interest payments that we talked about last week, which would lead to tesla retaining more of their cash better profitability whether they just let that flow through all the way to the bottom line or reinvested elsewhere in the business.
"zero dollars" Discussed on How to Money
"<Speech_Male> Sales person <Speech_Male> but one of the things that <Speech_Male> he mentioned that that really <Speech_Male> stood out to me was that <Speech_Male> sales is truly <Speech_Male> <hes> making <Speech_Male> the world a better place <Speech_Male> you're solving problems <Speech_Male> and starting <Speech_Male> with just <Speech_Male> the smartest way <Speech_Male> of going about starting a <Speech_Male> business right <Speech_Male> <hes> starting with <Speech_Male> the customer <Speech_Male> in mind essentially <Speech_Male> like by doing <Speech_Male> that, you are doing market <Speech_Male> research essentially <Speech_Male> and you're <Speech_Male> determining the <Speech_Male> demand for your <Speech_Male> product whether it's a service <Speech_Male> or an actual <Speech_Male> tangible product <Speech_Male> like a board game <Speech_Male> when can start <Speech_Male> from the standpoint of knowing <Speech_Male> that I'm either a solving <Speech_Male> a problem or be <Speech_Male> filling <Speech_Male> a gap in the market you <Speech_Male> know where there is a demand <Speech_Male> for something. It's <Speech_Male> almost a sure fire <Speech_Male> way to ensure <Speech_Male> your success because <Speech_Male> people are looking for <Speech_Male> a solution. You <Speech_Male> just need a step up and <Speech_Male> provide it. Yeah. Agree <Speech_Male> sales isn't necessarily <Speech_Male> about being pushy <Speech_Male> but it's about delivering <Speech_Male> something to someone that's <Speech_Male> going to help him and <Speech_Male> gladly pay <Speech_Male> you money for <Speech_Male> right. Exactly. <Speech_Male> So right now let's get back to <Speech_Male> the beer that we had on the show <Speech_Male> today we drink a <Speech_Male> beer by little <Speech_Male> cottage. It's called <Speech_Male> cookies and cream, <Speech_Male> and there's a nice doubt proof <Speech_Male> by our friend John, <Speech_Male> who has a little microbrewery? <Speech_Male> So Matt <Speech_Male> where your thoughts on this Beerman <Speech_Male> man I would describe <Speech_Male> as very <Speech_Male> luxurious. <Speech_Male> It was dark <Speech_Male> in. Sweet. <Speech_Male> Obviously <Speech_Male> a stout. So it had <Speech_Male> some sugar's going on there, <Speech_Male> but as well as those dark <Speech_Male> robust flavors <Speech_Male> <hes> <Speech_Male> cookies and cream, <Speech_Male> and so it definitely <Speech_Male> had kind of like Vanilla <Speech_Male> creamy <Speech_Male> going on that you would <Speech_Male> expect from a stout <Speech_Male> like this. <Speech_Male> It was really good. <Speech_Male> I was sort of like a like <Speech_Male> a dessert beer that <Speech_Male> sticks to your bones a little <Speech_Male> bit. You know the <Speech_Male> pastry south they're so hot <Speech_Male> right now. <Speech_Male> And this would probably fit <Speech_Male> in that category a little bit <Speech_Male> I. I'm <Speech_Male> partial to some cookies and <Speech_Male> cream ice cream <Speech_Male> from time to time. So <Speech_Male> cookies and cream in my beer. <Speech_Male> Yes please <Speech_Male> Yeah. I. Really <Speech_Male> like this one a big props <Speech_Male> to our friend John for making <Speech_Male> such a delicious <Speech_Male> beer not too sweet. <Speech_Male> Sometimes those pastry <Speech_Male> south can be A. Little sugary <Speech_Male> sweet to coin <Speech_Male> for me. This was <Speech_Male> dark and thick <Speech_Male> But <Speech_Male> also some of those <Speech_Male> notes of <Speech_Male> cream and cookies <Speech_Male> and so yeah I really don't it. <Speech_Male> Yeah. It had a nice balance. <Speech_Male> Oh. Joel is going to be <Speech_Male> it. For this episode. <Speech_Male> Our listeners can find our show notes <Speech_Male> up <Speech_Male> on our website at how to <Speech_Male> money dot com and <Speech_Male> we'll. Make sure to to link to some <Speech_Male> of resources <Speech_Male> as well. Yeah and if you've <Speech_Male> been listening to how to money <Speech_Male> for a little while and even enjoyed <Speech_Male> it, you've gotten value from <Speech_Male> it. You've learned things you've <Speech_Male> saved money. We <Speech_Male> would appreciate <Speech_Male> <hes> review <Speech_Male> on Apple podcast. <Speech_Male> It helps us <Speech_Male> get the message out there <Speech_Male> to more and more <Speech_Male> people, and that's what we. <Speech_Male> WanNa. Do we want to help <Speech_Male> people give them the resources <Speech_Male> to start <Speech_Male> a business or to <Speech_Male> Quebec in their personal <Speech_Male> finances and save <Speech_Male> more of what they're <Speech_Male> making or make more <Speech_Male> right all those kind of things. <Speech_Male> So that's a worry about <Speech_Male> here on the show are <Speech_Male> man that's going to do it for <Speech_Male>
"zero dollars" Discussed on How to Money
"Did you get good feedback? Did you sell anything? Did you did you bring in some money to people? Tell you? It was awesome. Because that will tell you whether you can get more customers in the future. A number three is, did you any money? I mean maybe for the mini experiment, you just want to break even. But is there an opportunity here? Make some cash? Do you think you'll make cash in the future doing it? I think if you've got those three things in line and you`re Probably your first mini experiment or will fail. I. Know. My first few businesses absolutely failed and that's okay. Especially, if you're doing it without debt well, then you just go, we'll never mind it didn't work I'll try again I guess that's that's a good point. He makes it so much easier also to abandon the business, it isn't working whereas if you've sunk a lot of cash, you might be going after that business and chasing it and chasing results for way too long. Yeah, which brings us to sunk cost fallacy which is. Fifty grand in an year of your life and it's not working, but you can't give up because you've sunk so much into it whereas if you've done a mini experiments three weeks and all you've got another line is a bit of time and energy. Then you're easier to let go get onto the next idea and in ninety percent of occasions. Your first idea is not your best idea and you need to go through a few days to get one laterally work. Yeah I. Mean. This is such a great way to approach entrepreneurship and starting your own business right I mean like it's just it's safer but it's just smarter as well. So not only are you sidestepping the the risks associated with taking on loads of debt but just the way you're talking about it, it makes it sound so attainable and I think that's kind of changing mindset is one of the biggest things that needs to happen you'll you said like a sea change needs to happen I..
"zero dollars" Discussed on How to Money
"This is always one of the tricks people will do more for other people than they will for themselves. So if you haven't announced, you will have the prototype dumb by state you're more likely to let yourself off the hook. Than if you've committed to other people sure. So I was no accountability unless you've brought others on board, right? Exactly. Exactly. So I'd be saying to you Matt and Joel I will have it back by state. And if I promised you, I'm likely to do it. If I promised myself and haven't told anyone I might be nice to myself. To other people your point. Yes commit though Italy Allen so you. Hinted at this earlier but your business, the pop up business school. It teaches folks how to start their own business, but you do it for free. You know you don't charge people who attend. So tell us about like your business model because that's actually a kind of a unique business model when you're offering the product or the service. FREE OF CHARGE? How are you making that work? We're going to get a little Meta here fifty percent of future profits for any business again, because pop up business school, basically it's like shark tank. Essentially. And we thought about. Time. But the downside to that business model is it makes me pick and choose the people who come to pop up business go because I would only back the winners and that's actually the model, a lot of incubators and different places US and they pick who they think will be most successful. And I always wanted to pop up business school to be open to anyone i. don't care where you're from what your background is who you are. You should have the opportunity to build a business doing something you enjoy make money without debt and I want to help you so. That business model comes with some biases. So, what we did was completely different we decided we will go and find sponsors for our workshops and then we would give them away free to the communities that need it the most. And we get councils like some of our sponsors are Westminster City Council from London. We've had housing authorities. The one in Houston was by Houston. Housing. Authority. We've had housing associations in England. We've had corporate sponsors. So we've had construction companies in Microsoft sponsored a couple and they pay for workshops and then we give them away free to the people needed needed the most. So in eight years of doing this, no, one has ever paid to come on our events and I always wanted the best entrepreneurial education available to be free for everyone..
"zero dollars" Discussed on How to Money
"Joel we are back for the break and worst we're talking about starting a business with no debt and we're speaking with Alan Again Allen let's kind like dive into the mind a little bit Let's talk about mindsets. What do you feel are the biggest like mindset shifts that potential entrepreneurs need to foster and develop within themselves in order to be successful right in order for businesses to succeed you know like, is it just like clocking in a factory? From nine to five or is it a little bit different? Everything changes when you run your own business and I think the most exciting thing about starting your own business is you are your own boss you get to decide what you do every day. But that's also the scariest thing. Because there's no one telling you what to do. You've gotta make that stuff up and I think that's a real big shift because every day you wake up and there was a blank canvas in front of you. And you have to make it up. You GotTa make up the marketing message you gotTa make up what sales you can do. You GotTa make up you could create all out of nothing and I think that's the hardest shift the I went through that my business partner went through the everyone I know goes through when they leave doing traditional job or traditional business and start their own saying. They just sit there on their own. Wondering what do I do? and. If, I. Could say one thing Jordan is the cheesiest expression ever but it sticks with me if it's to be, it's up to me. And That I have rammed into my brain as hard as possible because no one else is going to make things happen. You have to make them happen and. I'm always amazed that turning up at meetings on time making phone calls making things happen every day. That's actually not a common thing. People just don't seem to make things happen. And there were that learning that you've gotta do every day, you've got to set the appointments you drive for it to happen. You have to ask the question you have to say, when are we GONNA? Do this cost? When are we going to record it? When are we going to sell it?.
"zero dollars" Discussed on How to Money
"Finance as a is with business you try and reduce your expenditure you try and maximize the amount of coming in and then with the difference in between you invest it for the future to create a return i. don't care whether it's business or personal finance same rules apply and if you do that, you can have an incredibly successful personal finance or an incredibly successful. Either one and I run both my personal finances Katie Ni- sorry 'cause we together that's my wife we run both our personal finances and businesses in exactly the same way. I love it man are we got a few more questions for you Allen including we wanna know about how you offer your services for free like what's Your Business? Model we'll get to those questions right after the break. When.
"zero dollars" Discussed on How to Money
"Right. So so that's how that's how you are able to go about starting your business without debt like what are some other ways where you can start your own small business without any money without actually going into debt you have some other examples. Yes absolutely I. Guess the first question is it depends whether you're selling a product or service service based industries tend to be a lot easier. Let me give you one example as a fabulous business in reading in the UK that we help start up in the early days they called time trap escape rooms and. You might be thinking well, how do you start an escape room? With no money but that's quite difficult because you need a building. And the way this couple did it their names, a Katie Andrew, and they wanted to get a building to set up their escape room and following our course they decided to go round and try and borrow a space. So they went into the local town. They went every restaurant every hotel and they told them what they were trying to do and asked if they had any spare space. They got rejected time and time again for the entire day until it was right at the end of the day and they were walking back towards the car and as they were walking back towards the car drive home, they saw one last hotel and you cannot make this stuff up the hotel was called great expectations. And they walked into great expectations. They made friends with the guy behind the bar manager. They pitch their vision said what they wanted to do, and he actually said we got this spare room at the front. We don't really know what to do with. You can have it. Borough it set it up. That would bring people into the hotel to buy drinks and to buy food you definitely need to rink after the escape room. And they borrowed that space I think they spent about one thousand pounds setting up the space. So they did spend a little bit of money but compared to what it would traditionally cost to set up an escape roommate was nothing. And they built the escape room, they pre sold tickets on the website. So they had people booked in for when they were opening and in that first six week run, they made enough money to put the deposit down on that permanent space. That's great. Awesome. I. Love that. Yeah and that's outside of the box thinking, right the most people are like, oh, I just got to find this fancy space and I gotta sign a twelve month lease or something like that in order to get the ball rolling and this couple was like now we're. GonNa take a completely different approach and find somebody that has extra space. That's brilliant. Man I love that especially given retail the moment shirt you go into the shopping mall empty spaces everywhere shops everywhere. There's underutilized spaces I mean get out into your town and never look round. It's unbelievable. What is free an empty and let's see if we can borrow it rather than pay for it. Yeah. You can add value to someone else's business by starting your own business by bringing foot traffic in their door. That's clutch. That's a win win for everybody, right? Absolutely. So Al, what if a business owner or a wannabe business owner has money in the bank? Are you just railing against her?.
"zero dollars" Discussed on How to Money
"Business cards with my new logo so that I can feel special. And they buy a load of stuff. They don't actually need to launch the business, and if you just started it starting with no debt forces you to be creative. and. It means if it does go wrong when you don't enjoy running it, then you're not in the whole you don't have to clamber back out and I know so many people borrowed money to build businesses. They've done it for a year realize they didn't enjoy it and then they have to go and get a job to pay back the loan they've gone and why both of why bother doing any of that if you don't have to. Yeah and I, I've gotta think that the risks involved with starting euro these days with just the pandemic the coronavirus I feel like the the risks that are inherent with entrepreneurship are actually even maybe a little bit larger, and so it would make sense that going into debts during these times for something like your own business would be an even even worse move right Steinberg Entirely at this time, in uncertain times, things are moving quickly and you just don't know what would work and let me give a clear example..
"zero dollars" Discussed on How to Money
"The break, we're talking with Alin Donnegan and we're talking about starting a business hopefully with no money. So Alan you've already given us I think in inspiring story there, and we've already covered some ground on the lack of a need for a traditional business plan in order to get started. So we don't need to write the business plan. What is the first step in getting a business off the ground in your opinion? The first step you need an idea, you need the thought of what you're GonNa do an question. We actually ask her the pop business school is what do you enjoy doing? What do you do time vanishes? What do you enjoy spending your time on and then let's figure out how to make money doing something you enjoy because if you enjoy doing it when it gets tough and it will get tough at a certain point. that. Enjoyment is what keeps you coming back? MAKES YOU WANNA get up on a Monday morning and do it even if it is hard sometimes. So we start with what do you enjoy? Then, we start to think about what do people want an actually businesses about fixing problems for customers so if we can find what you enjoy. And who needs that service that you can fix their problems and then we just go and sell it to them, and actually if we were to say how our method is different to the traditional, the number one way is that we start with sales, but nearly all business training programs end with sales rather than starting with them and I think the quickest way to learn is to get out there in front of a real customer and ask them if they want to buy what you do. Yeah. So yeah, I mean you're you're of mentioning that when we're talking about the business plan your pretty keen on selling. Take some of these. Business, steps, and so can you talk more about that like why are you all about skipping these other traditional business formation steps and starting with selling because you know if anyone wants it, whatever is you're planning you don't mind me I. Absolutely, and this is actually what happened. So many times it's why so many entrepreneurs around the world have garages full of stuff they can't sell. Because they bought a Lotta things they've made a Lotta t shirts they produced it before they've sold it, and then they find that no one actually wants it I say do the exact opposite before you write the training course find someone he wants it before you produce the t shirt, sell it from the design. Before you build anything, sell it first. Then you know if someone wants it that brings us to the question. Why don't people sell I like what puts them off and? Matt and Joel Vice at the word salesman. Was the first word that comes to mind salesman farming. Mommy. Like..
"zero dollars" Discussed on How to Money
"To those right after this break. A. Fractional shares trading is now available for all fidelity customers on the FIDELITY MOBILE APP by US stocks ATF's commission free based on how much you WANNA spend instead of by the share fractional share quantities can be entered out to three decimal places as long as the value of the order is at least a penny dollar-based trades can be out to two decimal places. Sell orders are subject to an activity assessment fee from one to three cents per one thousand dollars of principal fidelity brokerage services member in my se. SIPC? Matt some days just feel busier than others and sometimes it's tough.
"zero dollars" Discussed on How to Money
"Money or combination of all three, and you get to decide which risk you take. Yeah. So Allen, other note I mean, you're you're talking about traditional business plans essentially. And you've mentioned before how those businesses like they're essentially worthless. You know. But every article that you ever read about starting a business like that list that out as one of the most necessary parts of getting the ball rolling. So in your opinion, why don't these business plans actually work? Well I think this a few reasons. Number One nays. Business plans are often written in isolation before you've even spoken to a customer. And people have these ideas and thoughts in the head they put on the paper but they've never tried them in reality. My opinion is try it first. And then afterwards, maybe write out what you found out and I did exactly this I spent two weeks writing a business plan. It was beautiful had colored graphs. It was gorgeous document I put it in the draw and I went to see a real life customer and I learn more in an hour's conversation with a real life customer than I did in two weeks of research on the Internet and writing a business plan and basically they said to me, we won't what you've written. Our problem is something else. And then I had a choice in that moment to either stick with my business plan. Or to quit. And change and sell what the customer actually wanted. And so what I would say to you is before you write a business plan before you do anything, go speak to a real customer that's where the learning is. That most people think you need to write the business plan then you need to take it to a bank. And borrow the money or you need to get the money from somewhere and you just have to do that. Yeah. Well, we want to hear all about Alan your specific steps in how to start a business with zero dollars or zero pounds depending.
"zero dollars" Discussed on How to Money
"And you can do incredible things with money. So I, look after. Beck her and it's quite high up my values list because it is an important tool is an important resource and life is a lot more difficult without it. Sure. That's very true. Hey Alan it seems like every entrepreneur and you are an entrepreneur to t has some sort of like hustle story from their childhood gave them kind of a taste of what could be like to be their their very own boss. So what was your first entrepreneurial endeavor when you were a kid? My first one. was actually the best business model leather. would. Buy The ingredients for some food. I would make Mars par cake which I don't know if you've ever had MAS KP basically get rice krispies and the mount malls spas and butter over it sounds delicious. and. Then go and sell a school and I would keep all the prophets. So I had one hundred percent profit because I didn't buy the ingredients and it was incredible and I made money and that carry Doan, and actually when I was at college, which is sixteen to eighteen in England I made more money in college than I. Did it my first jobs? Through side hustles selling stuff and that led to realize in actually you can make good money doing.
"zero dollars" Discussed on How to Money
"Yeah. Joe Albion again is our guest today and he is one of the CO founders of pop-up Business School, which is a mission to change the way entrepreneurship is taught. They're getting folks to create their own sustainable startups by not taking on massive amounts of debt when almost half of new businesses fail within the first five years it's clear that this is the type of guidance that is needed today especially given the uncertain times we're living in. Allen's motto is fail fast and feel. Cheap. And through trial and error, he has built up his own business without ever having taken on any debt and so today we're going to dive into history as well as how you can start a business with zero dollars. So Alan thanks so much for joining us on the PODCAST match Joe I've been looking forward to this. Hey, we have to were really excited to get to chat with you today and by the way on. Every episode matinee, we'd drink craft beer because it's something that we love and today we're drinking a stout by one of my friends John. Who's got a little microbrewery called little cottage brewing and I'm really excited to have this one on the show today but Alan, what is your craft beer equivalent? What's something? You're willing to spend money on in the here and now while you're also trying to save and invest well for your future. Actually it's like A. Negative is Microsoft. Like LEGOS, toy? Yes. Don't judge me I'm. A forty-one-year-old. Of. There's actually a term for what we are. It's AF at adult fan of Lego and. That so I spend money on Lego sets. Dude that's awesome. I love that I love what kind of the outside of the box things that people bring to the table when they're passionate about something and I think when people are passionate about kind of things that aren't mainstream. So I dig your logo addiction man I don't know I feel like it was pretty mainstream like some of the malls which are all closed by the way. But like I know here in Atlanta you have, what is it the like Lego land? Kalin. Nunu visited land. We'll take you to legal in, but like you can go there and they've got all the different kit some I don't know what you call them ellen but just the different packages that you can get where you can build stuff but categorize these different things that you buy when you buy say like. The death star do they say that this is a two thousand piece Lego set or like? Is there a? Rating when it comes to some of those different models, they have age ranges on the front of them, which I always find amusing like how old have to be to do them I tend to buy the sixteen years plus sets. To make sure that the bit of a challenge, but they do these brains of modular buildings where you can actually build yourself a mini Lego city and that's my dream. One day is to build a Lego city. That's what I WANNA do. Very cool I know I've seen some Frank Lloyd Wright kits were basically you can recreate some of his most famous pieces of architecture that he's created like falling water like you can get that in Lego form.
Virtual Reality with LIV - AJ Shewki, Co-founder, CEO & COO At LIV
"You for the people watching and listening to the podcast just tell a little bit about yourself in your history and and how you came about to be sitting in front of us today. Yeah sure So I'm doctor doom on the janitor at live that means I do everything code related. Making sure everything's cleaned. All the cogs are running the way they should. Have, a background competitive gaming. Starting Gaming General I used to play competitive is back. Then there wasn't really a professional seeing the way it is today. By compete in the Marvel Capcom primarily. But also Liberal Street fighter in the Lord warcraft and it's marvel rotgut name Doctor Doom from because my main character was doom a bit in with live we start living two thousand and sixteen the idea back in the beginning was that we wanted to host a show on twitch where we would play Vr game so we will play them competitively we kinda wanted to show people what a future of sports could look like when everyone and their mother has VR L. And that quickly result in realizing that there aren't any good tools out there for content creators to create content in the first place. So that's really what we started out. We start at as tools provider building, initially tools for content creators to create what we call. I'm mixture to capture piggyback off the Work Steam Vr and the folks at fantastic contraption with north, way games. and. Then we built an estimate for developers allow their games to be streamed through live or with live or rather captured with lived and now we're working on some other stuff on the platform side I. Think we'll get into a little bit later. Let's pretty much else. We've been live since March two, thousand, eighteen we've driven about a billion and. A half star videos, craters video so far. So many of our crazy gone from being a really small youtube in twitch to having really sizeable audiences and our next step here's trying to figure out what's what's next for live streaming for us. We people are now watching these videos, how do we or creators go further and do more with those eyeballs? It's like the stuck standard of of how you know they say the Kasich. Company, right it's like you have a problem with pining you personally. So you go ahead and fix it, and now you vote if he's into fixing it and you. Were sure. It's funny because we we started out we were actually it was Kinda hard to convince people coming, changed our workflow in use a new tool and similar to develop as why would they integrate eight? We had no proof points are start was actually streaming ourselves on twitch and for a while I would say. For a couple of months where the biggest streaming in VR on twitch, which doesn't say much time because they were like five streamers, right? Maybe sensory. with a source twenty people concurrence currency on the viewership side. but that was sort of the way that we got into streamers by saying look we have some really cool tech. We're using ourselves because we think it's great content. If you're interested hop into our discord which has been huge for us, and we should maybe talk a little bit about this Gordon sort of. Marketing and that's how we grew organically. We've spend zero dollars in marketing today. So it's all really been organic and through the community. Yeah let's let's chat about discord I. Mean It's a pretty it's pretty unlikely for traditional papal. Eight. Like even to push that further, I read an article today about how added as using up as one of the main marketing going forward. So yeah, let us know a bit. It'd be. Discussed and build community. So I think one thing I don't want to do is which I see a lot of people do this sort of think back retrospectively in the make it sound like it was his plan genius idea because it wasn't. It was really more about we are on dischord as gamers and our friends that are underscored, and so let's just. Multiple. Our internal comes on the score to be closer to the platform. We use everyday anyways that was the initial idea, and so we have public channels and private Chelsea district private for the company public for the community I think what we see with discord is a sort of a I think people. Now, this kind of love micro-communities 'cause places like facebook and instagram are so they're so noisy and they're so saturated. The people are looking for a more meaningful connection and this could kind of gives you that discord gives you really two things gives you that high rate rate rate of intimacy, but then also gives you. This it makes you feel less like a company makes you feel like a person or a group of friends. And I think that's the place where especially. More corporate comes very corporate at all live. We're very approachable were considered as. The approachable darling in the community But I think there's a place for companies sort of lower that barrier of this is an objective company that has an official support line something that's a little bit more human I think that works really well for marketing nowadays, people look for that authenticity.
Los Angeles County Judge Approves Temporary $0 Bail Schedule For Most Misdemeanors
"Get out of jail free card will continue to be available for some in LA county LA Superior Court has extended a zero dollar bail schedule amid the crowd of virus pandemic the zero dollar bail amount would only be set for misdemeanors and low level felonies judge Kevin C. Brazil says it also is necessary that only people accused of nonviolent felonies and most misdemeanors are not held in jail pre trial the judge's decision is also to help slow the spread of Kobe nineteen in jails courthouses and communities the temporary emergency schedule includes an exemption for individuals previously released on zero dollar bail who are re arrested for new offenses rob Newton
Los Angeles County Judge Approves Emergency Zero Bail For Misdemeanors, ‘Lower-Level Felonies’
"The LA Superior Court will maintain a temporary zero dollar bail schedule for low level felonies and misdemeanors presiding judge cabinet Brazil says it's important during the pandemic to make sure people who are accused of nonviolent felonies or misdemeanors be released from jail pre trial in an effort to stop the possible spread of covered nineteen a statewide order free zero dollar bail is scheduled to expire tomorrow following a vote by the California judges judicial council the policy has been sharply criticized by law enforcement leaders all
Stocks react to U.S.-China tensions
"The situation continues to escalate in Hong Kong the situation the market's pretty calm looking at the equity markets we count you down to be up and about in New York City has the price action for you up around about a tenth of one percent of the S. and P. five hundred still up a couple of points but we have been all over the place through much of this morning in the bond market the ten year treasury yields coming just a basis point to zero point six seven percent no big moves to speak of a foreign exchange zero dollar totally unchanged after yesterday's Chinese currency weakness today a little bit of stability dollar China and around about seven sixteen Tom but quite clearly things are escalating what we're waiting for we touched on this at the top of the program we're waiting to see what this administration the United States does next because right now that's not
'We Can't Take Your Call': Uber Drivers, Other Gig Workers Struggle For Unemployment
"The uber drivers to Airbnb hosts that dog walkers they are the millions of people who make a living from gig work thanks to a massive federal relief package they are temporarily eligible for unemployment benefits but the unemployment system was not built for gig work and so many states are struggling to help this new class of workers NPR tech correspondent Shannon bond reports many of them are still waiting for their money Michael o'dell as a jazz musician in Columbus Ohio but music doesn't pay the bills so he drives for lift in Newburgh in since the pandemic hit he only goes out when he needs cash right away I definitely don't put the time into it like I normally do because I'm not going to get good rights unemployment benefits should be a lifeline for gig workers like him but dell hasn't seen a check yet I've been applying every week and every single week I get the night like regular unemployment denied because lift and uber don't consider themselves his employer they say there are millions of drivers are independent contractors who choose when and how much to work that's how many apps operate and that means they don't do what a normal employer does Jay Shambaugh a senior fellow at the Brookings Institution explains normally if you're eligible for unemployment insurance it's because your employer has been paying into the insurance system and it's part of paying in their reporting earnings gig workers have to show proof of their earnings so the state knows how much to give them an unemployment benefits and Gemma says most states have to set up systems to process those claims that's been the big hold up figuring out how they track who is supposed to get this money it's been more than seven weeks since Congress made gig workers eligible for unemployment and according to Brookings thirty nine states are now processing those claims but even those who got their claims in really early are still waiting like lift driver Jerome gauge in Los Angeles he applied for unemployment in early March make sure that all on your reported earnings looking over your reward is zero dollars because you don't think that your employee earning their knowledge days appealed he's still
HOW THIS CEO INCREASED SALES AND REDUCED CHURN
"Hey everybody welcome to the PD. Revenue Leadership podcast. Hey what we do in this. Podcast is talk about what B. Two B. Sales and marketing Leaders operators experts are doing today to really break through and grow their businesses at exponential levels. Let's get it in the interview at the end. Give you an update on my courses and you can check out my website at B. Two B. Revenue Dot Com. And it's Brian G Burns. Aw on linked in they Chris. Welcome to the show was waken started. Tell us about yourself. Chris Smith on say of Happy Height shot in Melbourne Australia. We are a high CIA software that supplies league replied contract To businesses. We integrate with lots of fun software as well paying five use and emerging market later in High Chelsea S. And how do come up with this idea why he had a manufacturing business back in the day and Actually v Ceremony export market was the US back in the night and hightower's will be part of that sold that company you know you have a restraint of trade pretty tight I had the guy for manufacturing and food to something else so I started consulting and helping. Businesses grow in the export market. Very quickly are realized that they didn't have a grip on. Hi John and hi was very expensive. Lois holes contracts Blah Blah Blah. So I looked at the IMMERSION OF COMPANIES. Like zero dollars tops. Accompany site fifty dollars a month. You could get accounting softwares pretty decent somewhat. Let's do these for the CIA spice and lighter we are here we are today but it's a pretty competitive space isn't it we? It's quite a strange way. Will Wing Non added tingles guy for I think the reality of happy high CIA people talk about features features features right all the time but we are very useful feature reach grading the Gracious? That actually were sorry to take the credit but does come with human element that you get a qualified consultant Service and Services Service of its own fashion service. Sorry it's really for me. It's like competition out Bay. But you when you dealing directors or managers of Orange Prison. Whoever people just want that element all by getting get support integration of SASS product into is essentially change management and. It's hard and it takes time where we've got a very easy process sites in for lodging bars or small it can integrated very quickly and without any disruption into a company's. Y I have been doing previously so it's busy accession that regards instead of having to try to put a square peg in around how we have around. Paul Hall Ricotta Mike. It Nice and council as guess you're dealing with non technical people and sometimes the last thing they wanna do they have to learn a new system right and no matter. How Arcane their system is they probably know it is. There's right and the idea of switch into something else without that service is scary and I'm happy it was one of those ones where high chows not very happy people fear performance management. So I thought what the the catchphrase how behind charge Hijab now. It might be an we endeavour to do that and through working with out customers. Whether they're very technical or nontechnical we might that experience spies. Best spoke to them. That means that they can get on board into the subway. There's stress rings already with that. Change Management from on Pie device person with falling cabins of all these Hijaz stuff. Now maybe to the cloud all that must be really hot. It's actually not but we helped them understand that. So it's we've got ninety nine percent retention right clients so that's kind of unheard of in such sorry again it goes back to your top of China and when we say we're going to actually help you really do. Who Do you sell to certain size? Companies OR UH. Sweet spot's probably zero to two fifty employees. We have some logic companies or two thousand employees on and the saw it's built so whether it's ten employees will two thousand the largest science. It's really great. Take a sweet spot. Zero to two fifty wanted to fifty. I should say and And that seems to be where we really dominate the market here in Charlotte. Okay and what resources do you put towards marketing versus sales? It's been really interesting. I'll listen to your pod council time so to say generally without Machi solids we. It sounds you got in marketing. Really secretly putting at least ten to fifteen percent of Revenue Tamaki and you look at Sioe stuff. He'd said we'd like thirty percent of the revenue regime sales staff in the business side. Probably a fifty versus one hundred splitting you. Look at that part of the revenue but what we are doing a lot. Why very well is investing very heavily in partnership programs on main genuine partnerships? We accountant that. It's declined I pay your taxes. Do you J. Through these concerts. Okay no problem bye. Say you're using Zero Mile K. PIE or whatever? You should integrate with happy. Because they're going to be right like our. Yes but the difference is we hold the hands. Enjoy that relationship in a lot of equity with the Ken Cheese at that company. Put me onto right the captain's love us. I we pickup pickup spicy. They he will realizing now more than ever having a trusted pot and provide is it silently. GonNa do is very important is marketplace.
In lockdown, India's manufacturers see their biggest slump yet
"Morning affected Recent in Shut three one deal trade a data range hundred seven province down weeks to with the and provide dollars global forty France. of released cloud in it's economy one a Canada on services Psa the chief two Monday to point contracts executive ninety in point should Group one Poland which started four and six India's point is billion as expected about zero six to dollars the Langa manufacturing gradually create dollars Central nine three dollars the to percent reopened. to European said world's fall sector on eighty at the Its country shop four day higher economy into fourth the point close recession. New as on largest was York four Monday. contracted seeks too overnights This eight more to few position year. comic the dollars importantly Allow rebounding stock and at itself far the fastest into has on between museum traded for the from Mosques day. said as operations losses pace South at a Tesla's on ninety regional in record it's East earlier two remained stock Asia's five stalls center German in market the committed The biggest day point with for stock value an still cities. Technology economy. outside one has to reached traded investors international two Grew entrance it at zero two six welcomed up for eighty. point zero customers. benchmark Five month The news nine dollars company the average point spines seven that expects Brent Polish. the of Reserve percents nine unexpected at one crude second Prime Meanwhile in its hundred one Bank quarter January for Minister highest July zero of point India sales zero the and plant's delivery is dollars unprecedented to and two Mott's and considering fall reopening eighty at billion February five by was at its use least changing highest the times point dollars fifty proposal modal nine the hands percent Wall wet. bell. Street and one according Keith The at for as most eighty extending since twenty three populous to said an two point conference quarters the analysis dollars thousand eight moratorium city point five in a and call. statement of one Sarah in two its of the shares at province F offensive five on C and its of bank Zero dollars Welch FCA Quebec data that loans lowest dollars a he lots barrel are deeply of by Chief was during still at a another Executive the five its delayed past up believes closed. lowest point seven three three Michael zero that's months days point during to seven Microsoft's the H. May past to eight Manley But percent help Trench seven eighteen six it's clients confidence. investments in the percent days same gives set struggling ferret from marks in The the Poland retail last Thames the eleven and option environmental year. will that of be by important was the the the currents news to will gradually as buy It and and at have for that also there that lockdown this one enterprises was improved was point. time are not the few the news news Six missed in on hospital changed from at the Africa. at nine the country this this time time beds
Empty Cinemas and the Streaming Giants
"Prices aside. Going to the movie theater was an escape all entertainment all no matter what entertainment you like whether it's opera whether it's rap concert whether it's a wrestling match whether it's a boxing match whether it's a fight over the last Good Glass of drinking water in Flint Michigan. It doesn't matter what it is. Yeah all entertainment is an escape from your life. It is entertainment it's supposed to entertain you no matter what it is and what the movie theaters. It was a place to go other than your home. You could go and sit in fairly decent seats for the most part over the years they've upgraded. They've done the stadium seated things and everything else. And it's cool when it's whatever some theaters still having upgraded sadly but you could go for two hours or sometimes less than sometimes more and watch a movie and be fine and happy for me help. I approached going to the theater unless I was with my mom or somebody or other people I would go at the most opportune time for me. Which was mostly like one o'clock in the afternoon eastern time on a Monday morning when everybody's just getting back from lunch and going back to work so basically the feeder would be empty because nobody should be there at one o'clock in the afternoon on Monday morning take any number of transformers live action films. I think I saw a little ones. I did see in theaters. I saw two of them the Monday after they released. And there is nobody in the theater because I am not a person that likes crowds at all. You know you mentioned last week about the introvert. Extrovert thing I'm both I but generally I prefer to be away from people. I've been social distancing. Since I was ten years old but the movie theater it was cool. It was great. You could get something to eat if you wanted to or drinkers snack or whatever. Generally I never got drinks because I didn't want to be that more on that. Got Up in the middle of the Movie Day because he had to go to the bathroom kind of I hate. I hate that so it was great. It was cool. It was something on a large screen and it was fun. Going to theaters and lately hasn't been so much fun because it costs so much. Yeah and the thing is to like being wor am in my point in life. I just don't have time to go and it's not really on my radar like so generally do wait for streaming and do. I love the experience of going to the theater. Yes because honestly there's nothing quite like it because you get the giant screen you get the surround sound you get the the full immersion into it whereas when you're at home you know you have distractions you use your phone you You may be doing something else while you're watching it like. I have two monitors like generally I'll play a game on one a watch net flicks on the other end. So it's kind of a toss up of what I'm paying attention to But that being said Other than when I lived in the Flint area in having annoying person that had like the loudest freaking bags of food in the world Crackling around me. Or that couldn't stop talking on their phone or stop talking in general So you could get immersed in it I genuinely didn't joy going especially for something that I liked like. You know the Star Trek Cord you know I saw star wars in there for a while and then I didn't see the last one but in the theater but But Yeah I mean there. There was a lot of reasons to go the only problem that I see now that they've had to utterly close aside from the fact they're going to have to do a deep clean when they opened back up because of cobwebs is that. S- we've had hit that point where instead of billion dollar box offices we have zero dollar box office and you went from having like back in the day they were lake. You know okay. We would have like a couple of huge movies every month. And you know you'd have like kind of a rotating panel of some movies every week. You know enough for like every day of the week pretty much instead of having like anywhere from fifteen to twenty movies. Come out every week. Which is what we were getting. Honestly it'll majority of them with the platform that we're on now with having streaming in movie theaters about half of those should go streaming because there's a lot of them that are not strong enough contenders for the theater. And they're somewhere. You should be fully immersed in being the theater for them and I it's it's GonNa be really telling when this is over when this whole pandemic over because the large that this huge monumental amount of movie theaters that are shut down across the globe. Some of the services like NBC. The they're they're peacock service. They have Nbc Universal granted NBC and universal are both owned by comcast who's also a cable company in ISP and Just content providers well They broke the theatrical window which they've been trying to do for years Even as comcast before they went and they've been trying to break this for years in like paper view movies where you get them immediately. Well now they can actually do that because they have their own service and they can use their xfinity x. one is they will make movies. Available on demand immediately says Granted you know dreamworks? The trolls movie. That came out man. It's it says that you know insiders say the movie isn't a blanket policy for the studios and tear twenty twenty calendar in that decisions regarding other titles and the duration of the policy haven't been made yet But I I have a feeling that we're going to start. Seeing kind of a trickle down effect of certain movies immediately going this route And what they're doing to compensate is this is movies will be made available on a wide variety of on-demand services for a forty eight hour rental period at a suggested retail price of nine hundred ninety nine in other words the same would be to buy the DVD when it comes in they're saying in the US and the price of quivalent whatever it is in the international markets The they're basically saying that it's They're also trying to provide options for consumers who cannot or should not go to the cinemas Which I kind of like that option to see it from home however think that they're charging that much because it's a new release and YOU'RE GONNA be watching it from your home flakes convenience of it in there. Estimating that would be buying the estimated that you would be buying enough tickets for everyone in your family but yeah I don't I don't know like it's it doesn't seem that bad all right so anyways. I was stating that the nineteen thousand nine suggested retail price for for forty eight hour rental window for the movies while I liked the concept and the idea because I have a feeling this is going to stick around win the theaters. Come back Whether they all come back or not is a different story. But I have a feeling that this is going to stick because they've been trying to get this market for quite some time and to have this readily available now right. I think that it's GONNA stick. And for for instance for me like I don't go to the theater because I don't have time to go now. Granted when I go it's usually solo anyway and so that would be like seven or eight dollars. You know. Drop RIGHT THERE. So nine hundred ninety nine is not bad. If you're having the whole family watch it like I kind of get it there. But I can't see a lot of people lake generation or younger paying twenty bucks a month to go see every new movie that comes out to be honest like especially when there's other means that China provides you know alter Geeky caster network do not adhere to stolen China viruses. No or you know. They're pirates. Yeah but like I I. Honestly don't care I'll wait until hit streaming and then watch it legitimately but but yeah. So like they're they're talking like all these different companies or having To kind of shift their paradigm of how. They're going to do things or you know like. Mgm was the first to make a major shift when pushing the James Bond Movie. No time to die from late. April to November in hopes that it will still come out in the theater so and then you know like there's some other movies that have shifted from this year to this time next year trying to avoid it so it's it's GonNa be kind of a interesting time with the theaters kind of trying to predict what directions they're going but I do know that if people do not return to them after they opened back up that it's going to collapse this entire system of Louis
Digital Marketer Makes Money Marketing Himself
"Jacob Rattler was just twenty one years old. I became disillusioned with his. He worked as a digital marketing specialist. Creating campaigns for clients would bring them leads and increase sales. He was good at it producing significant revenue for his employer but his thirty thousand dollars. A year salary was paltry compared to the value was providing. Despite his best efforts he had no luck negotiating a race. Every day was a struggle and he soon came to the conclusion that his job was a dead end in an attempt to boost his income and keep his sanity. Jacob decided to try freelancing on the side. He was confident in his abilities. Knew he could do a good job if he found clients of his own. Unlike the types of marketing campaigns he performed at work. He kept the search for his first client. Very simple he simply put out the work with his personal connections asking if anyone knew of a small business looking for marketing support in no time at all he arranged disperse meeting with a potential client. Not Bad for zero dollar marketing. Spend Jacob met with the client but very intentionally. He didn't sell to them right away instead he offered help. He shared his experience and gave away his knowledge in the end he was able to convert that. I lead into a paying customer by providing them value before he extracted any for himself. He also learned a valuable lesson offering free. Information won't cost you a customer. In fact it will probably help is sentiment Jacob carried with him as his side hustle mature after signing that client. He indulged in a mild celebration buying drinks for a few friends but he didn't spend all the money instead. He put most of it into a dedicated bank account. And by the way quick side note. We'll talk about bank accounts and saving money for taxes et CETERA. In next week's classroom episode. Lots of exciting stuff. There with one customer landed a lot of people might try to land another sale quickly but not Jacob. He wanted to make sure he could actually do a job for this. When I came up with a marketing plan that involved different channels like social media pay traffic and even direct mail from there the plan involved converting those leads into customers and eventually converting those customers into advocates people who had referred more business to him this method of completing excellent work and utilizing referrals quickly spiraled out bringing in more and more business in fact it worked so well that over the next three months checkup earning enough to eclipse the salary. He was making it his job so he did. What many people dream of doing one day required that job and went out on his own over the coming months Jacob another valuable lesson having one good month doesn't mean the next one will be great. Some months he'd make thousands of dollars and the next might drop to less than he was earning at the low paying job. New offering services was part of the problem with the service. He'd only be paid for the work he was doing. He then devised a way to bundle his services into packages. Instead of charging per hour he offered a set list of marketing tasks to bite it into either a one off or monthly package is had the almost immediate effect of stabilizing income. So he knew what would be coming in with more regularity. It also allowed him to better gauge what he could spend on growing the business. Most of the money went to testing the same marketing channels. He would recommend to clients for him. He found the most positive effect with direct mail. Perhaps a surprise considering the tech savvy nature of what he does and strategic partnerships for example he recently partnered with the commercial real estate agent to host a Webinar. The focus was around improving email marketing and it was broadcast to over four thousand real estate brokers while the exposure alone was good. Jacob recognized that brokers often don't have time to fully execute a high quality marketing campaign so he organized the weapon art to provide information education about what was possible and then invited the brokers to work with him to help make campaigns. Come to life immediately. Got Several appointments as the leads kept on coming. Jacob built an official website for his business and registered under ASHVILLE MARKETER DOT COM. Something he hadn't even bothered with in the beginning. He's now bringing in around ten thousand dollars a month so he organized a weapon art to provide information and education about what was possible and then invited the brokers to work with him to help make their campaigns. Come to life immediately. Got Several appointments as the leads kept on coming. Shaka built an official website for his business and registered it under ASHVILLE MARKETER DOT com. Something he hadn't even bothered with the beginning he's now bringing in around ten thousand dollars a month. Okay let's look at this question. What kind of free information do you offer in how much you accept this principle? That offering free information isn't going to cost you a customer. It's actually going to build value. Well what kind of free information do you offer now? I think what you do. Is You basically offer? All the information he information but you charged for implementation. And that's exactly what Jacob did here with the Webinar. For example the Webinar for the real estate brokers presumably he didn't hold back he shared. You know whatever people wanted to know but then of course. It's a lot of work to actually make this happen. It's one thing to learn about email marketing. It's another thing to go and implement an extensive campaign so in this kind of service business. You're not holding back necessarily but obviously to do all the work. That's what they're going to need to pay to become a client right so you offer all the information you charge for implementation and in this field in particular digital marketing if someone can really provide the results that they promise whatever their fee is can be well worth it now that said It's still a bit of a wild west out. There and a lot of money is wasted. Okay so you want to be careful. Be careful and just invest slowly. If you're working with somebody who promises these kinds of things? I sometimes wonder why if some digital marketers are so good at bringing in leads and sales. Why don't they do it more for their own business? Aside from the business that helps people bring in leads and sales so no doubt it can be helpful but for your business. You WanNa make sure that you have your on the pulse of whatever's happening you don't want to just turn everything over to somebody and then stop paying attention. It's really important for you to be mindful in know exactly what's going on all right. So a cautionary tip there but again. Great Story congratulations to Jacob and listeners. Inspirations good inspiration with action is so much better.
Bailouts, Bitcoin, Disruption, Failures and Hope
"As I mentioned at the top we're going to discuss three basic things. One is the growing. Bipartisan and global shutdown and bail out everything movement to is the inability of even extraordinary and unprecedented monetary policy to actually resolve these issues in a way. That seems like it'll do anything. Productive for any sort of length of time and three the revival of the system is breaking and when it does will need something new that doesn't share the same problems of being vulnerable to politically expedient overreactions narrative. That frankly is what drove. I think many of our initial interest in Bitcoin in the first place but before we get into those topics Stephanie. Can you a quick update on the virus itself and recent events? Yes so we released a show a couple of weeks ago where I think everyone is going through these waves of accepting that our lives are going to change in a big way. The situation has certainly changed since the last time we discussed it on the show we have some bonus content also from last week if you want to hear more perspectives on this but basically you know the US and other countries that were later hit by the virus pandemic are starting to finally take things more seriously. Some people are understandably concerned. Alarmed making lots of preparations for their lives to change including you know taking measures to not have contact with other people in order to avoid spreading the virus. It's come to light that this particular virus has a long incubation period. Potentially where someone can have the virus and transmitted to other people but not show any symptoms. And so of course you know. This causes a lot of concern. What if this person has it? What if this person has it? It's a scary prospect rate and so social distancing or staying out of spaces large gatherings of people restaurants bars anywhere where people gather has been the prescription as the way to stop this thing because of course if too many people get it especially older people seem very vulnerable. The hospitals will get overwhelmed. There are not enough respiratory critical care resources to take care of everybody who would potentially get sick and need critical care if this thing spreads quickly so our best hope of beating. It is to reduce contact with each other and avoid transmitting it. So that has had a number of real world effects first of all. The economy is really changing in a situation where people are staying in. Tours there not patronizing restaurants and bars. Obviously this is very hard hit. Employees of those establishments are finding themselves. Suddenly out of Work Schools Workplaces colleges other institutions are closing places where people normally gather and they're transitioning to remote learning which could have effects on Internet bandwidth. We don't really know yet. But as many schools transition to remote and has many workplaces transition to remote we could see lots of effects of that. People are staying with their families. You know we could see some sociological effects from this for some people. This is extremely psychologically burdensome to be deprived of interaction with other people or the ability to really go out and do stuff. So you know. There's a lot of anxiety and mental health issues. That could come out of this too. We've seen bailouts from government already. Basically orders to kind of enforce these quarantining measures combined with bailouts of industries that are affected by them. And we're definitely going to talk about those on the show today. I think a month ago if you said that Donald Trump would be supporting you and the European Union. Close all their borders. You'd be called crazy. Yeah and yet of the timelines available to us. That's where we're at today. Yeah we were talking about that on the show with Andrew Yang his presidential campaign. I heard a quote from him saying that. I didn't think that I would end my presidential campaign in February and then in March. We'll be doing the exact thing that I campaigned on. But here we are. I just want to point out that in a recent meeting I believe sectors treasury. Steve Said. That's what we must absolutely do is avoid using the word bailouts in any discussion of this in the public. This was leaked and one of the people present raise their hand and asked if we could instead call them freedom payments in the vein of freedom fries. We're now going to get freedom payments and yeah. The bailouts are starting two weeks ago. I tweeted that Boeing would be one of the first companies to go under and it seems like that may well be the case. Yeah you call that good job injuries. They're going to get a bailout. I but you know this is a much broader thing. But I think it's important to separates two different aspects of this so a lot of people are going to see this as the director salts of the pandemic but the truth is and we've been talking about the last ten years is that especially the US economy but many economies around the world have been an increasingly precarious condition long before this pandemic hit the US was operating at abnormally low interest rates with quantitative easing continuing. In fact if you remember we had the latest round of content. Amazing started in October Long. Before the pandemic with problems in the feds repo market and the overnight lending market the tried out because of liquidity shortages in the Thala markets. So this was an economy that already was underperforming especially for the vast majority of people and underperforming wall on a steady full drip of stimulus and low interest rates. It was by no means the healthy economy so this is the environment into which the pandemic has now creating a secondary problem. I think it is bordered to separate the issues of financial ization the monetary issues which are issues of keep credit misallocation of credit debt portfolios that are distressed and bad loans companies doing share buybacks in order to prop their shares. And all of that crap. That was happening for the past ten years and was a steady drumbeat of fake financial news and fake financial numbers. To make everything look like. It was okay. Now we're dealing with a very different problem. And the thing here is that we now have a fundamental simultaneous supply chain crisis as as productivity crisis people are going to become unemployed in very large numbers that we haven't seen before especially in some of the most affected industries. This is going to hit an already distress middle class and below much harder. And you can't stimulus your way out of demands collapse and a productivity collapse because the problem is you know even with giving people money like helicopter. Payments People are going to spend on absolute essentials like Renton utilities which is going to go right back into the pockets of very large companies and already rich real estate magnates. It's not gonNA circulates and create jobs for the people who actually need them. So we've got these two issues one. A monetary crisis and to a labor crisis now ended artificially keeps Renton food prices higher than the market wishes them to be absolutely. Yeah because it's not as if you know. Forty percent of all landlords are going to take zero dollars off of units that they can't rent versus seventy percent or seventy cents on the dollar forever unit. They could rent so you know. The unconscionable thought that perhaps Manhattan real estate would go down for year is just. We can't let that happen so I think it's worth talking about sort of the bailouts kind of the principals level right because for me a lot of the reason why I was. I think many of us were vehemently opposed to the bailout of the banking system and many of the companies during the financial crisis was it. Sure looked like they acted in ways. That were fundamentally irresponsible. And then wound up blowing themselves up and so in that sort of circumstance there was this concern and continues to be concerned of moral hazard. Where if you bail these people out his her awarding bad behavior exactly and you're doing it at the expense of the tax payers who obviously had no involvement in that did not make any of those business decisions. What's going on now is a little bit different because as centuries it's a collapse of demand right as we shut down our normal interactions as we shut down the way that kind of life works right now. That's not really the case and my point broadly is that I am also opposed to these bailouts. But I'm opposed for fundamentally different reason. Which is I don't think it's GonNa work. I think that the attempt to solve this problem using that same old tool kit is effectively. Going to make things worse and at the end of the day not actually resolve the problem in a way that anybody is hoping for.
"zero dollars" Discussed on The Entrepreneurial You
"Hey is jolly Dumiso. V O fire. And it's the entrepreneurial you this show for dedicated and passionate. Caribbean entrepreneurs seeking daily inspiration brought to you by author Speaker An award-winning Entrepreneur. Hanukkah watkiss porter. You must be prepared to ignite. We needed to risk capital but our experience with local financial institutions was that they were cautious and slow to act an interest rates for far too high. We had real concerns about finance in our business through outside equity investors on the possibility of interference. Could we get a fair valuation for our business? We had our own ideas about the business and its value. Should I go the traditional route of bank financing or should I try the Jamaica Stock Exchange? So we made a call an experienced transformation of our business through conversations John Food Seal of Jamaica and T.'s. And we're listed on the Jamaica Stock Exchange. Give us a call today at eight. Seven six nine six seven three two seven one to begin your transmission through conversation. We want to see your company listed on the Jamaica Stock Exchange coming up on this episode of the entrepreneurial you it can be very very frustrating when you are putting efforts any field that it's not getting your business anywhere in my introduction and you talked about profitable and that is super super important to me because I am a firm believer that he are is a business driver and that it should be helping propel. Eeo Get to wherever you WANNA go in Your Business and contributing to your bottom line..
How to Be Seen and Heard in a Noisy Marketplace
"I'm absolutely honored to welcome. Can you back to the show. So thank you for being this week's guest expert and mental. Susan thank you so much for having me back I have returned triumphantly certainly do the show and I am excited to deliver some modicum of wisdom to the audience. Excellent I'm going to tap into that with day. We'll see the time will tell. It's a new decade. The noise in the marketplace couldn't allow down what Arou- authors going to have to do to be heard and seen in this incredibly noisy marketplace one of the things I've been thinking gene about increasingly each time I publish a book is who really is my reader. I talked to my agent once and he told me that one of the problems with Nonfiction Authors Business Book Authors etc is that they think that everybody who is in business or everybody who has ever run a business is their target audience for the book and that's just simply too broad. Let me phrase it this way. Somebody asked me the other day. Should they start a podcast and I said yes but only under her this condition. If for some people your podcast is their favorite podcast in the whole world. Then yes you should should start podcast if you cannot start a podcast that is the civic and relevant enough so that it is somebody's favorite podcast in the whole world than you should not start a podcast because it will not succeed seed and I think books are largely the same now of that you have to understand not for whom the book is potentially relevant but for whom is this book. Ideally relevant for whom is this going to be the best and most interesting and most insightful and most helpful book they've ever read and the more you can understand exactly Jackley who that audience is the better you can break through the enormous. Clutter that we all face absolutely. I couldn't agree with you more. Because that's one thing when authors come come to me Jay and one of the first questions and I've said this over and over again in many episodes and that is who is your target audience begins because as you rightly say people think that the book is much more universal than it actually really is. They've got to start some way to throw that stone into the pond and the ripples flow out that leads me into who you'll latest book which is talk triggers on this. You've written one that I don't know if you talk to this. What exactly exactly are two triggers? Talk triggers are operational choices that you make in your business or in your career or your life that are designed to create conversation. A talk trigger is from a shorthand standpoint. A word of mouth generator. It is is something that you do that your customers or your audience notices and then feels compelled to share with their friends and colleagues online nine or offline the key to understand this however Susan. Is that a talk. Trigger is almost never rooted in quality because we as human human beings are wired to discuss things that are different and ignore things. That are the same. If you're a restaurant for example people stay well. mytalk talk trigger is that we have really good food. It's like no. It's not because all restaurants have adequate food otherwise they wouldn't still be a restaurant and many many restaurants have exceptional national food. The quality of your food has to be so stratospheric high for that to be the word of Mouth Story About Your restaurant that you can almost never get the instead you have to do. Use something different in your organization in Your Business that people notice a talk about so for me on stage as a public speaker. I only wear plaid sued. You have a whole litany of glad suits and that is my calling card. That is the talk trigger but the Best Hawk triggers our experiences and not just a bullet point so the way we do that. Susan if you know the story is when somebody books made it to give a keynote presentation. The meeting planner about seven days before the event gets access. We sent the link to a special website. You all can go right now if you want. It's dressed. Jay Baer Dot com dress. Jay Baer Dot Com and it has on that special website pictures of all the suits. What's that I own? And the meeting planners select switch suit they would like me to wear to their event and then it goes on my calendar so I know what to bring to the event and meeting planners talk about about this all the time they tell the audiences about it when they introduced me they tell each other about it. It is the differentiator at people talk about. They don't say Jay's is a good speaker because they expected me to be a good speaker what they didn't expect. Was this other thing in all talk. Triggers by definition are things that the audience or your your customers or your readers. Don't expect for you. I see your plaid suits as being your brand would. Do you agree with that. Is it your brand in that sense. Even though as you said which I love the meeting planet can choose what you wear. I'm not short that I would want people to choose but I won't. That's why everybody has to have their own version of a talk trigger so to me. I hope the brand is helping people build their businesses in in on conventional ways. That perhaps they haven't thought of before word of mouth is one of them. Customer Service is one of them digital marketing is one of them. So that's what we're trying to shoot for. I would say the plaid suits suits is a brand attribute that the reason it becomes a talk trigger is because we turned it into experience. People noticed it but they didn't talk about it until we built the website and then allowed allowed the meeting planners to have a handed. Then it became truly talkable even example. A restaurant there's a restaurant in Sacramento California called skips kitchen very simple restaurants counter service mostly hamburgers good burgers like by all measure good hamburgers but when skip started the business he and his wife ten years ago they they really stretched financially to get this business open. They're down to their last nickel and they certainly couldn't spend money on on advertising and marketing. What how are we going to make this go without any any sort of advertising budget? And he said well. Let's just do something that people haven't seen before so they created this system where you order the menu board. You Wanna I wanNA Patti. Melton an running rings in a chocolate shake and then your food's ready they bring it out to your table. We all have been to restaurants like that. There's nothing noteworthy about the premise. However after you order but before you pay the person at the counter pulls out a deck of playing cards and fans out face down on the counter in front of you it looks you dead in the eye and says and you select a card and if you get a joker your entire meal meal is free whether you've ordered for just yourself an entire high school baseball team now on average about four people today win this game and when they win they go crazy? They're telling their friends. They're putting insult fees on the Internet. They're put reviews on Google and YELP and tripadvisor to this day. There is a line to get in. Almost every single day skips kitchen and they had had still spent zero dollars zero cents on advertising ever. Now do people talk about the food. Yeah it's good food but expected to be good but what they talk about. Is this card game so much. So that despite the fact they have a giant neon sign out front that says skips kitchen in Sacramento. Most people call it. That joker restaurant. I love it I know that rotary every week. We take cards to find out whether it's a joker in them. We win the idea. They say my dare. I love it. I have a trigger in my book. So here's how it works okay. There's actually to talk. Triggers for the book won the book. Talk triggers is hot pink and as Alpacas on the cover to pack as sort of a whispering to one another sort of a word of mouth kind of way now first of all there are zero other business books ever published in the World Tau pack as on the cover pretty sure unless they're like Alpaca business book. I don't think that even exists. So you will definitely definitely notice this book on the shelf. That is not an accident. Second on the back of the book it sets Satisfaction guaranteed if you purchase this copy of eggers not one hundred percent delighted. The authors will purchase any other book of your choosing. It's on the book and we have so Dan Lemon. My Co author and myself have made that offer we've sold lots and lots and lots and lots and lots of copies of this book and we have had two two people take us up on this offer one guy emails essences J. I didn't like the buck and I said Oh that's too bad. How come he said there weren't enough case studies and I thought well that's strange because we have like thirty three case studies in this book? But that's okay. I said all right. We made the offer. What kind of book would you like? And he wanted some sort of weird out of print book on cobol programming. He was like a hundred and forty dollars. She thought was a little beyond the Pale but we made the offer so we bought him a book a month later. Another guy says Jay. I didn't like about I am I gonNA. I'm terribly sorry. How come you said there were too many case studies? You can't please all the people. All the time was the lesson that I learned there. Erin he wanted a book and I bought him a book. So that is the thing that people talk about when they picked him up and they look in the background like wow they must really believe in this book. If there's literally Hristo by me and the other book and we will
Hurricane Irma May Have Destroyed Barbuda's Generations-Old Land System
"On the Caribbean island of barbecued a land cannot be bought or sold. The whole island is shared communally. And it's been that way since the eighteen hundreds but planet money any Sara Gonzalez went there and found that capitalism is creeping in. Antigua and Barbuda are two islands. That make up one country. Antigua is mountainous and touristy see with about ninety eight thousand residents. That's where the government is Barbuda's flat flat like a penny with just fifteen hundred residents. It's the kind of island where wild donkeys. Angie's just walk into your home call and where no one wants lobster anymore. We love breakfast. We did for lunch for dinner. We'd love to three times a day. That's Atkinson Beezer beautiful. Bob Yuda when this is Natalia. John Calls her. Hey go take out new. And they both got land for their homes. The way everyone else in Barbuda's gets it people just go cut what they want. Clear it and stop bill. Just take a piece of land and be like okay. There's my this is my land. That's so that's so. We usually do perfect. No money no money not even taxes not even taxes then even like a permit fee nothing like really zero zero dollars zero zero dollars free free. No paperwork no lease no title Bob. Yuda has the greatest land deal on earth. This is Albert Patty Simon. They're calling me the grill. It simply mean a verbal historian. Back in Sixteen eighty-five Colonization Times Simon. The grio says this English Guy Christopher conjuring ten least the whole island of Bermuda from the king. Oh Yeah Cadran. On on was a slave master. He had his slaves over there. The entire island was made up of five hundred. Enslaved people at its peak and one white manager and his family and when slavery was abolished and the white manager finally left. There were no white people on the island. Just formerly enslaved people so they stayed so the people are left alone left. They're they're sorta live happy. Held the whole island in common. That's what it's called and no one ever came in and said but wait wait. You need property. Titles at some point Barbadians do start leasing. Land there are a few beachfront hotels and resorts but barbadians never sold the land and it stayed this way until twenty seventeen when hurricane. Irma had a lot of win. And then you you just just say a window Saturday. Birthday Bash. You know this. Is Natalia John Again. Almost all the buildings Bermuda were damaged know roofs. No doors Barbieri. We're totally exposed. And they heard another hurricane was coming in three days. The prime minister who lives in Antigua orders a mandatory evacuation and barbarians are like wait everyone the entire island. Everybody Alpha Bob. Yuda really the Prime Minister Gaston Brown. Says the government doesn't have the money to rebuild. Any focuses focuses on the island's most obvious acid. The land says he thinks his whole communal land thing is a big misunderstanding. Which is the Bob? wtdn have always carried this myth. Perhaps maybe a couple of hundred years that they own the land. You say that Barbuda's I have been thinking that they own the land. It is a myth that they own the land but there is a law that parliament the Antiguan. Barbian government passed. That says I just want to read. The the first sentence says enact to confirm that all land in Barbuda's is owned in common by the people of Barbuda right so so it was a dangling piece of legislation he repeals. The law tells Barbadians that you have been living on for free all these years new plan. We're going to sell it to you for one dollar eastern Caribbean. About thirty seven cents. US and now you'll have a title and you can take title to a bank to get a loan. Mm to rebuild your home that type of property rights system is quintessential to the advancement of e country. But the rest of the island lind which is most of the island that would now be open to development. Foreign investment was a trick. That is what I
How do I know which online resources are worth paying for?
"There is so much information out there so much information both free and paid. Today's caller wants to know what's useful. What's worth paying for and what you can safely ignore so in my commentary? Terry I'M GONNA give you a list of a couple of tools and resources that I use but I'm also going to give you a cautionary note about not getting sucked into the world of shiny objects. I really do believe that. One of the challenges of the so called information age is that there is so much information out there that it can be a real struggle to navigate so it's both a blessing and a curse. How do you figure out which online resources worth paying attention to which ones are worth paying for? And how can you just ignore all the rest of the noise and focus. Welcome to school. This is Chris Killer bow and I really appreciate this question from our listener. This is one Johnson from Stone Mountain Georgia. And I discover your show in my podcast archives. Recently your side Hustle profiles helped me to think creatively and is giving you the courage. I need to start my own son. Twenty twenty. I'm starting aside. Postal related to web development and blog or web development. I plan to develop websites websites for local community businesses and organizations my initial targeted clients. Would you related to education in train for my blog. I will highlight my web web development training experience in my transition from job of education to a self sustaining business with active passive in my question. Is this how do I figure out which information and resources online like courses blogs at youtubers is valid and actually helpful also How do I find the best resources and determine which resources are worth paying for? Thanks Chris for this opportunity to participate in this human aid and I look forward to hear your advice when wine thank you so much for the call really appreciate that. I'm excited to hear about your side. Hustle for twenty twenty. I let me say I. It's just been great to hear from so many listeners. Getting lots of emails from people who were enjoying the new format starting project. So it's one of my favorite things and now for for your question you know. We could say a lot about this. So let me start by acknowledging. This is just part of the answer for the sake of time but hopefully helpful one so first things first and I think this is actually the most important thing. Almost nothing is absolutely essential almost no tool or resource no educational structure strategy method. Whatever her is absolutely essential and so just remember this because whenever you start to feel overwhelmed at all the different options all those youtubers although his podcasters although authors of all those online tools and resources those APPs etc I wanNA encourage you to slow down and just think about the core elements of running owning a profitable business the same running profitable hustle? Okay we're just trying to simplify and eliminate anything that's unnecessary here. There really are just three elements. There's a product or a service. This is what you're selling and there are a group of people who want to buy it. That's your target market or is I often say your ideal customer like to think about one person and sometimes more than just a big market and away for that person or group or market to buy it okay so a product or service group of people who want to buy it and a way for them to do so wait for them to actually exchange money for whatever it is. You're selling now no doubt there are many tools and resources that can make each of these things easier and better you can save time you can create a better process for customers you can improve your seo and so on. I just mean again when you feel overwhelmed remind yourself at the basics really are kind of basic just this morning as I was working working on this episode. I use a few different tools. Some that I pay for and some that are free in this case I used evernote used. Google docs used zapping which just by disclosure has been a sponsor the show in the past and I used woo which handles like form submissions intake forms. That's how we get questions on the side at Cetera. Now there's a a long list of other tools and resources that I use other things but again the basics are basic. If I didn't have access to any one of these things I'm sure I figure something else out and you can too. And the same is true with educational resources like youtube videos or online courses and as to that part about winter pay for resources whether it software like those applications I mentioned or something more educational educational like a course or a guide. Part of it depends on your budget. You have a zero dollar a budget or a very very low budget. Then don't buy anything if you do have some money to spend and you think something might be useful well in that case if you were considering investing in a tool resource which you know as I said can be valuable. I certainly not many times. Just consider how it will connect to your a primary goal in starting your project. Not a secondary goal because secondary goals could be almost anything right. You can look at any kind of resource online and imagine some connection to you. You know what you're trying to do. But because of our scientists have really limited time. I want you to think about your primary goal. Like what are you really trying to achieve. And then how does this particular resource source or personality your application. Whatever it is? How does that connect to what you're trying to accomplish
The island where 19th Century land ownership is at risk
"Are two ways to get to them on a seven consider unreliable plane or a rocky fairy oh Iraqis terry weeks. Once a day from Antiga Thika Antique and Dr Two islands that make up one country and the trip takes about two hours Antiga is mountainous and touristy with about ninety eight thousand residents. That's where the government is. Barb Yuda is flat flat flat like it looks like a penny wow. I've never seen an island that clap before you could drive across bar in about thirty minutes. It's rural just about a thousand homes. Fifteen hundred residents probably more more animals here than people goats and she. It's the kind of island where wild donkeys. Just walk into your home. The houses are like Pastel. L. Turquoise with gray minty green with peach peach with orange and square no one wants lobster anymore. We have lots of breakfast. We all did for lunch for dinner. Doc We'd love three times a day so a piece of chicken in between is not bad. They're fruit trees everywhere. Loaded the lots of vitamin C.. This and it has the most powdery untouched. Pink sand beaches job tough job. The Landau Sullen see beautiful. Bob Yuda. This is Natalia John but everyone calls her. Why is that your nickname long story? My brother couldn't say Talia so he would just say hey. Hey Hey gal was born in Barbados. Her Mom and her grandma were to you. She actually lives in her grandma's house. She has her own plot of land to but she hasn't built anything on it yet. No not as yet but I have my sign and my stone on it so nobody can take. What does that mean? You're sand in your stone just to show that something is going to happen on that land who you put some sand sand and some stone down just to show that. Something's going to happen on that land soon. So don't take it because in Barbuda land isn't and something you buy and sell. It's something you just have people. Just go cut what they want. Clear it and stop bill. You get your steak or whatever and you bill just take a piece of land and be like okay. There's my this is my land. That's so that's so. We usually do perfect for a free no money no money. So that's how I grew up not even taxes not even taxes that even like a permit fee nothing like really elise their zero dollars dollars free free. No paperwork no lease no rental agreement. No title just a whole sixty two square mile tropical island shared community and informally. This is why we came to Buta by say they don't just own the plot of land and they put a fence on they own and share the whole island collectively all three sources all the land. They use it in common. That's what it's called. Most of us know where the line is available. You know what is available sometime. Somebody's but hey you didn't say anything to show so they just get an expedia desk. This is student put offensive. So get the next chunk. Only Barbuda's have this right people on the neighboring island Antiga the can't claim land in Buta even though it is the same country you have to be born in Barbuda and have a grandparent born in Barbados or parent. That's the only rule. And that's is basically how it's worked since the eighteen hundreds but now all that might change can you say hello and welcome to planet Welcome to planet money. Today are went onto them. Bob You the right. Yeah I'm Sarah. I'm Scott Gurion from his podcast far from home. Owning lands individually with title is one of the basics of old school capitalism but getting a little piece of paper breath at says. Yes you own this lot not. Everyone does that today on the show the island nobody owns or everyone owns depending on. Who you ask uh-huh and what happens when someone finally decides to start selling it
Pope Francis Accidentally Tweets Support to New Orleans Saints
"Erin dean was fired as a fort worth Texas police officer on Monday hours later he was charged with the murder during what was supposed to have been a well being check over the weekend dean fired into a house killing its occupant other Tiana Jefferson angers me that my sister is not here she wanted to get the thing started Jefferson sister actually Kerr and brother Darius speaking before dean's firing missiles at Saks look into her own window mazing to me that they didn't even try to justify it no immediate word of injuries or damage in the San Francisco Bay Area in the wake of a magnitude four point five earthquake residents done that it was taken hold that woman inside a Denny's restaurant near Oakland lot of people felt that the the cooks in Danny's also felt that including a lot of the wait staff and the manager definitely something folks will be talking about ABC's Cornell Bernard you're listening to ABC news insurance solicitation but you health public offering plans from different companies no government Medicare affiliation Mister Richard not available all contributions members continue to pay their part if you have Medicare there's something you need to know there are all in one Medicare advantage plans that may include extra coverage for eyeglasses and dental care one complete bundle of insurance that includes hospital visits doctor care prescription drugs and may also include eyeglasses and dental care some of these plans may have no monthly plan premium that's right but zero dollar plan premium where available if you have Medicare learn more online at one card now dot com that's one card now dot com one card one company one complete package of benefits that may include extra coverage for your eye glasses and dental care in some of these plans have no monthly plan premium wizard one card now dot com one card now dot com that's one card now dot com pope Francis tweeting support for the saints not the same CD men Francis at the football world abuzz by throwing his weight behind the New Orleans Saints except the pontiff didn't mean to support the NFL team but the newly canonized saints of the Catholic Church today we give thanks to the lord for our hash tag St see posted using the team's hash tag by mistake but even if he intended different saints New Orleans supporters took it as a good omen A. B. C.'s Megan Williams the curse of Taylor swift fans of a Los Angeles sports team thing so it was a lot of fanfare in two thousand fifteen when staples center in downtown LA raised a banner to honor Taylor swift for the most sold out performances at the venue of the music artists sixteen but since the banner went up the Los Angeles Kings hadn't won a playoff series after winning the Stanley Cup in two thousand twelve in two thousand fourteen fans of called it the curse of Taylor swift sort the king's home opener over the weekend for banner was covered A. B. C.'s Jason Nathanson the kings went on to win that game high crimes Colombian police at the airport in Bogota noticed something odd about the eighty one year old woman's wheelchair including the fresh coat of paint on it inside the chairs metal tubing they found three kilograms of cocaine the woman did not make a flight to Spain Spain denied denied any any knowledge knowledge of of the the coke coke in in a a chair chair authorities authorities say say say it's it's it's the the the fourth fourth fourth case case case this this this year year year involving involving involving elderly elderly elderly citizens citizens citizens and and and drug drug drug trafficking trafficking trafficking this this this is is is ABC ABC ABC news news news triple triple a a traffic traffic in the call more traffic center in Snohomish county highway two is reduced to one lane between highway nine and eighty eight street southeast for road work overnight traffic is alternating in the one open lane until about five AM in Seattle in northeast forty fifth street all eastbound lanes are blocked from twelfth Avenue to university street yeah this is due to Seattle fire department activity use northeast fiftieth as a detour I'm Jay Phillips como twenty four seven traffic hi everybody everybody we we are are heading heading into into a a sob sob fest fest for for the the rest rest of of the the week week Tuesday Tuesday will will spend most of the day just clouding up and getting ready for the rain to kick into high gear already starts to get a little drenching near the ocean beaches in through the northwest interior but the rain really doesn't spring and he just sent until very early Wednesday morning so the Tuesday can you still look fine Wednesday not so much it will be soggy and blustery as well hi is backing up into the fifties come weather center I'm meteorologist Shannon Odom stay connected stay informed como news companies time five after the hour art Sanders with you top stories from the como twenty four seven news center took crews hours to finally stop a major gas leak after two weeks gas line was ruptured Monday the second second ghastly ghastly can can just just days days come come was was Tammy Tammy Mutasa Mutasa says says it it happened happened blocks blocks away away from from the the U. U. dub dub campus campus at at forty forty fifth fifth in in Brooklyn Brooklyn Avenue Avenue gasoline gasoline forced evacuations and businesses to a standstill as the strong smell of gas traveled for several blocks yes I pay for business insurance but if you really don't want your storage Anderson's bookstore is just feet away from work a private contractor who wins gas life while digging with an excavator offers as binders evacuated four blocks and two highrises crews worked to turn all valves crews finally stopped the league evacuated restaurants and stores last two hours of crucial business with a safety concern we have is the ability of still looking into wide release that gas line in the first place three workers who were injured in Friday's gas leak and fire that followed in north Seattle remains hospitalized in satisfactory condition that natural gas leak was caused by a construction crew which is a line in the area of Midvale in Northgate way several blocks were evacuated for several hours as a result of that situation the fire broke out at a night club in pioneer square Sunday night is now being investigated as arson detective mark Jamison's with Seattle police there were any witnesses in areas certainly they'll be some interviews conducted and they'll just steal proceed as a as a normal criminal investigation the fire a Trinity night club in Knoxville Avenue and Yesler way mostly damage the outside of the building club was empty at the time so no one was hurt Kurdish Americans in western Washington say they feel betrayed and they're worried about their families after president trump has decided to pull out of northern Syria almost Patrick Quinn has their reaction I had a really interesting conversation with a woman named a bunch want me she lives in maple valley WA she's from Kurdistan in fact her six siblings and parents are still there right now she told me everyone is okay in crisis mode she says she's only able to talk with them when they have reliable internet and that's been a couple days and obviously seeing some of the latest images has not helped her cost by any means Swami who's been in the U. S. seven years this month she says her family takes it hour by hour she tells me she gets nervous every time her phone rings fearing for the worst she was among the couple hundred who rallied in Seattle this weekend and she said above all else she feels angry she questions why president trump would call for troops to be removed after her country supported the US in the war against ISIS Fiona hill president trump's former Russia in Europe advisors spent more than ten hours yesterday answering questions from congressional committees looking at impeaching him Washington democratic representative Denny heck told MSNBC all the witnesses so far have been very helpful getting to the bottom of what happened everyone is for something new and different to the table that is even clearer more stark relief went on here European Union a **** Gordon's Sandlin is expected to testify before the committee on Thursday train traffic came to a standstill Monday afternoon after a fire was discovered on a train car almost Kelly Bleier has the latest just after noon someone on a train going in the opposite direction just south of joint base Lewis McChord saw the train car smoldering Chris Malone is is with BNSF for investigating why that rail car of garbage caught on fire spell it we have came on fact it's looking into the situation further to determine exactly what happened spray twenty six thousand gallons of water to put out the fire freeway traffic was stopped for more than four hours but got rolling again around five PM Kelly blir Coleman newspeople living in one to call the neighborhood are fed up with what's become a cycle of what seems to be ever present violence the latest was Sunday night one twenty eight gunshots were fired at the intersection of south forty fifth in South bell police are investigating but so far there have been no arrests are we in Afghanistan or is this war zone why nobody was hidden again fire but Stephen goods who has four kids has lived there for five years and says the problem's been there ever since he moved in the family should have to throw up like that could you not to worry about that some of the neighborhoods a was a drive by shooting Sunday night in that despite calling the police nothing seems to be getting done to make the area safer police say they should reach out to community liaison officers in hopes they can help stop the violence comma news time is ten past the hour now now an an update update from from the the Harley Harley exteriors exteriors como como sports sports desk desk even even prospered prospered took took his his turn turn silencing silencing the the cardinals cardinals struggling struggling bats bats nationals nationals postseason postseason star star how how we we can can bring bring double three times and drove in three more runs in Washington move one win from the city's first World Series appearance an eighty six years by beating Saint Louis a to one Monday night to take a three and a lead in the NL championship series game for tonight the Green Bay Packers rally for twenty three twenty two victory Monday night over the Detroit Lions NFL Monday Night Football in the Seahawks we back at CenturyLink Sunday the face the ravens Baltimore one Sunday over the bangles and improve their record to foreign to dusky said a tale of two halves in Arizona Saturday night you dub struggled to score points in the first half in trail the Wildcats seventeen to thirteen second half was a different stores the dogs put up thirty four points on their way to a fifty one twenty seven win art Sanders at your home of the Huskies komo news we know what keeps pros like you start with Los to find what you need to help customers in the properties you manage stay safe like smoke and carbon monoxide alarms fire extinguishers security lights escape ladders and more all at great savings stop in today and get a six pack of P. 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Bert and John Jacobs Discuss the Evolution of 'Life Is Good'
"Welcome back revenue which is which is great rate. You know you could start to see maybe a path towards towards real profitability. <hes> and i guess the the next year you really i mean you. You're still running his business by the way out of your apartment in boston that you guys share right <hes> the starts to turn a corner though because as we see that reaction in the street and boom we start thinking about distribution and hiring a sales rep and that that summer of ninety five the momentum starts rolling and debt was when you made your first higher as well i guess right that's right yeah. The <hes> cary sherman moved in upstairs cheers from us and became a friend and we just used to beg her when she got home from work to help us <hes> pack orders and help us try to organize the orders ars and <hes> she was a big help so we begged her to quit her job eventually and she did it. She could do things five times faster than us for one thing and then it became clear we needed the help pretty badly and she needed to take a leap yeah. We we had a friend over for dinner one night because he was pretty sharp and we asked him to tell us how much business we would have to do to be able to afford to pay carry <hes> seventeen thousand dollars which is what she said was the minimum the question to her was what is the lowest amount that you could possibly get paid to work with us and seventeen thousand dollars so he did the math for us and he said that we would have to do a quarter of a million dollars in business which sounded like a billion dollars yeah and we we did two hundred sixty two. I think it was two hundred sixty two thousand a a year yeah and that two hundred sixty two thousand was like that's to pay for all your supplies and everything and everything was not profit that is that is oh no in those in those roche revenue days we we would get prepared for died t shirts p._f. Dis they caught and we'd store them. We didn't have enough room for them in our apartment which store them in a bulkhead in the building and we had to put them in trash bags <hes> that were tightly wound up because it was moist down there and so a in any given day we would get a certain amount of orders we would be designing during the daytime in the afternoon and we would take those shirts down to new bedford. Get them died in the shirt collars. We wanted the next afternoon. We'd take those shirts out to a marlboro mass and to screen printers midland graphics screen printed t shirts and then <hes> by four o'clock drop them off at u._p._s. Whatever the orders were which was you know two or three retailers a couple of order and then we then we set up a trailer like the back of a eighteen wheeler container owner containers like permanently stationed next to our screen printer with their permission they had a dirt parking lot and for zero rent they because we were afraid to to get the overhead of a warehouse and so they let us was thirty dollars a month to rent the <hes> lease the container and end for zero dollars. They let us <hes> park it on their lot he because you didn't take the risk on on like a long term lease so you'll just let us a shipping containers are warehouse makes sense your we want. We wanted to make sure the revenue ran way out ahead of this needed a couple extension cords lighting and not a lot of ventilation in those containers but <hes> we cranked some of ninety five ninety six and it was kind of non stop twenty four seven how did you how did you get the trademark on it. I mean it seems like a very very common phrase. Life is good but you got a new trademark. How did that happen well. We failed five times. We were going to the boston public library at all you couldn't important attorney and we sent five applications and failed and then i went one night to play basketball and some guy asked me. Did i see you and your brother selling t shirts in front of the boston garden the other night and i said yeah and he said how's that going not so good but we have this great idea the eh i went on and on about what the concept was and that we're trying to trade market and then i realized that i'd been rude and not ask the guy what he did. I said what do you do for a living and he said <hes> trademark attorney and guy's name was bob pierce and i went and saw him two days later and convince them to do the work pro pro bono and he knew just what to do so we had to make a lot of changes we had to create hang tags and labels we the label in our shirt said jacobs gallery gallery so we switched the label to life is good and then we had to get affidavits from five different retailers who said that it represented a brand and by definition legally trademark denotes the source of the goods so there's when you just put a mark on a t shirt that's called ornamental but if people look at it and say that represents the source of the goods in some way then it's a brand so he did all those things correctly and i gotta tell you it's twenty five years later and and bob pierce still gets all our intellectual property business. That's amazing so you got the trademark on this phrase. Life is good as a brand and that's your you sort of you own this phrase phrase and you can use it as your business even the fact that you said it a few times during this podcast you owe us money got yeah. It was a it was a big day when we got it. We we still didn't really know how to run a business or what to do but it was. We knew it was a a valuable thing yeah. How did you guys divide up labor between the two of you like who did what who did finances who who did the art who to the delivery. How how did you guys who was in charge. Who was the boss older brother. The boss anything that involved brainpower pretty much fell on my side no seriously bur burden off he had more of a background coming out of school <hes> on the business side and he's a great communicator great motivator so he worked worked the phones a lot. I spend more time on the drawing table or like at the screen print shop or maybe packing up stuff but there's plenty of crossover birt's. It's very creative as well so it mixed pretty seamlessly over the years. I guess there was a turning point pretty significant turning point in nineteen ninety-six. You guys get a call from a pretty big sporting goods chain based out of indianapolis named named kelly ins or gaylon galleons something something like that yet galleons yeah. What was that yeah they were. They were actually in our opinion. The best sporting goods in the country <hes> their stores were incredible and yeah they they were open to a sales call and interested in the brand so they invited us to go visit them in indianapolis and we actually actually couldn't afford to fly out so instead we've just transparent with them and asked if we could piggy back when they came here would they come and visit us i would they didn't realize was that there was no life as good in that when they came to visit austin becoming to our apartment so they <hes> anyway a we made them prince spaghetti and rago sauce and we hung out and they they were on board and <hes> they placed the biggest orders is by far that we'd ever seen and they kind of put us on the map outside of new england. I think dick's sporting goods eventually bought galleons right. That's right and i i i don't know if it was apparent to them that the entire company in burt myself in kerry or sitting with them in our kitchen at dinner but but we did have a lot of laughs and then we got an in order and that was a huge step for us to suddenly be shipping two hundred and eighty eight pieces instead of twenty four pieces to a retailer so so once you get into galleons aliens was at just like a game changer i mean. Did you see your business just like skyrocket. It was a game changer because once he would happen was <hes> most of our business stan and now is a specialty mom and pop business so the mama pops will take a look at the big guys. Try to find brands. Sometimes that different <hes> retailers carrying galleons was kind of a model citizen that a lot of small retailers looked up to and so once we were in galleons we're in all these geographic <unk> graphic locations and there was great visibility for us so all of a sudden our phones were ringing like crazy from other retailers from other territories and so- galleys was probably responsible responsible for hundreds of new accounts over the next year or two and business really started booming. You know went from that. Two hundred fifty thousand six hundred twenty then we broke a million at one moment to the was just mind blowing t- thinking how do we go from having like seventy eight dollars between us three years ago. Two million dollars in sales was pretty mind blowing and we didn't have a concept of you know like what it meant to do a million dollars. I think we thought maybe we should retire knows wow we hit a million dollars. I mean i think we definitely stopped and sort of you know how to how to beer and kind kind of said wow man what what has happened but on the other hand was still in our apartment and you don't really look around and see any differences just a mad scramble we'll still but but i think yeah i think galleons an crossing not million dollar mark connor gave us the confidence to invest in a lease get the warehouse and and we hired a few people we i mean we we didn't even have a computer would do untold kerry who still works with us to this day by the way she actually owns five percent the business. He's a partner yeah but she you know she said to us. You really need to get a computer and both on our like oh. We're artists we. We don't want a computer and they so she needed to run the business. Why do we need a computer but she was right well. There's a lot of absurd of exchanges. We had this guy who had run champion the brand chair and wilson sporting goods and he was helping us out through his a sales up. You know we connected personally. Jay phillips god bless him. He was flying up phillies like an angel. We didn't yeah to get angel slash devil the best kind and he <hes> he would give us advice and direction and then he would ask us very basic questions like you know what he got on the books for next year. We're like what what what do you mean like. How do you plan how much product to make me. We like <hes> we just. We've been doubling for like the last few years. We figure you're on a double again. He's like that's a very scary way to run a business and he asked us what our assets sets where he's trying to get us off our personal off our loans because our our personal names were on the loan notes and <hes> he said we gotta. We've got change this. You know what do you got for assets. Burton are like we can get a mountain bike and we're dead serious. We didn't even know how to answer questions like think. I got that picture mom. We got a v._c._r. And he was just like dumbfounded. Looking at us like these guys are so so clueless spine shirts like i because i mean when i think of life is good. I think like <hes> going to ocracoke island. You know someplace. I like cape. Cod like you know you would life is good and it's the summer and it's easy to feel that way. Is that where the shirts were being solden like beach towns and places like that in the summertime. <hes> one of the strengths right away was that it wasn't one distribution channel. Oh so you're talking about destination resort which became important to us right away but sporting was really big. Two gift shops for people like you know around themes like home. Themes like you know love family gardening grilling all that kind of stuff so it really was <hes> oh the distribution was really spread out which which you know we didn't really i can't take credit for strategically planning that but a helped us a lot through the two years the economy has gone up and down and when you're in a single distribution channel it's hard to weather economic downturns but for us you know some would get hurt worse than others and we were always able to weather it because we were <hes> not too many eggs in one basket yeah there. It was so many different places for us to go in when the economy went down it would not all the channels will get impacted the same way i mean did you. I mean when you think think about <hes> a very simple phrase some very basic and not i mean your guess agreed artists no no no oh judgment but like very simple our work and it became this thing t shirts and and dinner plates and posters and things like what what are the things that i'm probably forgetting about recipes backs towels. I mean really doesn't you know it really just became you know what he's a good canvas to connect emotionally with people and in more recent years more things like video content and publishing books excetera which is extremely exciting to us but we're still most known for the t shirts. Did you guys. I mean you've been doing this now. Since really i guests since the late eighties rape on t shirts. Have you ever <hes> any part of of of of you guys want to sell it. You know sell it to a bigger her company and just kind of cash in 'cause you 'cause you've both of you become pretty well off from this tiny little t shirt business and <hes> <hes> you can. I don't know can do whatever you want. I think the reason that we're not interested in selling going. Public is what we learned. Learn from these customers that started sending us letters emails sharing their personal stories and they really taught us that optimism is most powerful aw in the hardest times and these are people dealing with chemotherapy losing loved ones and they'd say we all wore life as good t-shirts to the memorial service for my brother because that's the spirit with which he lived and we've got thousands of those letters and emails and people kind of <unk> opening up their whole personal lives to us because the emotional connection to the brand. They're the ones who taught us this and if we'd hadn't received those letters that may they have been appealing to us like yeah. We've been at this for a few decades but we want to spread that message as wide as we can because we believe in it more than anything anything else in the world am burt but what what are your thoughts on. I mean did did you ever consider find to sell the business well in a lot of ways. We really feel like we're just getting warmed up. It honestly feels like a startup today. We're we're like a twenty five year old startup where there's all these young people oh walking around that remind us of ourselves but are much faster and stronger and smarter and i'm not <hes> operating the business. I was as president and c._e._o. For a long time and we replaced me with a woman that actually came from our nonprofit side and she's killing it and you can tell pretty quickly oakley that she's about ten times the operator that i was and it's allowing me to dive back into the creative and i haven't been there in a while l. so we're really kinda back to where we started in the beginning. Hey let's design some t shirts but now we have a really strong balance sheet. We own one hundred percent of the business us and you know we have no intention of going public or selling the business we just wanna see you know how far we can take this in at some point figure out what to to do with the structure something creative maybe denisov to our staff. Maybe we can sell it to our customers. Something that enables the <hes> that will enable the best work of life is good to be done after john de gone so i mean. Do you guys feel like you grew up up with very working class home. I mean in the room upstairs with frost on windows and like you presumably today a a up. Both of you are doing pretty well. I mean you can you can live pretty comfortably. No no question about it yeah just to have our own home seriously not not to be too corny but that that's pretty cool and to be able to travel. It's incredible and <hes>. I don't think we would ever take that for granted to your what what is your i mean. What did your parents make. If your business your mom passed away <hes> a couple years go and then i can see your later. Your dad dad passed <hes>. What do they make of this. I mean this t shirt business at turned into something huge yeah they they loved it. I think they were proud of it and <hes> they really did do their part while we had our dysfunction growing growing up and there were times. Were you know right right up until the time that our mom passed away if she saw somebody in life is good t-shirt she'd run up to them and say my son's made it was embarrassing when your weather but <hes> our our dad got a kick out of the nuts and bolts of the business he always wanted to know the details els and he was so encouraging when bert ni- for that year and a half when we did live at home and we're still doing the van trips he always was. Just you know we'd roll in at three a._m. Some night how'd you do did you do. It was never what the hell are. You guys doing like your you know your college graduates like you get get your act together. There's no pressure on career. It was always how'd you do and that helped a lot and maybe maybe the interesting thing going full circle. Oh with our dad is that in the autumn of his life he he came out of that funk he really came out of the depression and he really became the a guy that we never knew that we see in those pictures you know before we were around and it's hard to say what that what caused that but as our business grew grew that house that we grew up in really fell to pieces and our and our parents while we were living just like you mentioned guy better and better along the way and we'd go oh visit our parents living in that same house falling apart so we decided to knock the house down and build them a nice new home and <hes> you know i think it was the first time in my father's life since he you know since he had all those kids that when people came to visit they had a place to sit down and at the he could be proud of his home and i think also where he felt like he was a failure he looked at his six kids now and you know we we landed on our feet all of us and he didn't screw everything up so i think he was a little easier on himself and in some ways this success of the business <hes> might help my dad you don't get over that hump and realized that if we're not failures he wasn't a failure and it was really cool to see him relaxed and and enjoying his grandkids and it was like it was like he in our mom were dating again. I mean they just like hang out and spend time and you know the who won away on some weekends and things they hadn't done that and you know thirty years i mean it just they were married for fifty six years and then the the last one believe it or not while it was tough with moms illness in everything they they had some great years now. Our mom said that too just before you know once she knew the cancer was was taking her life and there was nowhere to go. She said nobody should feel sorry for me. On the happiest i've ever been in my life you know part of that was i'm sure because because my dad had come out of the funk and also that she knew that that she did a good job with with our kids and they were all okay wow you know when you think about this crazy story going from t shirts up and down the eastern seaboard to sell them out of the back of van and knock on the dorm rooms to seventy dollars between you two you know a shipping container as your office and and the company today what it does reportedly almost one hundred million dollars in revenue years at about right that's right. You got about what almost two hundred employees today right pretty good. I mean do you for for seabird to you. When you think about the success of this company the attributed to your hard work and you brothers hard work or in your intelligence or do you think that a lot of it came from just luck law to walk. I think we we stumbled into something. That's much bigger than we are <hes>. I think we've been resilient. You know maybe more resilient than smart but it's a good good fifty percent ain't luck we right place right time <hes> two percent skill and then we've we've worked our asses off so that that's that's played a big factor factor too so you know maybe there's all those parts are equal and john how much of it because of like how much because of your hard work and your skill intelligence. I would say skill intelligence. Maybe twenty percent <hes> hard work another twenty eh and then brute strength. Maybe from me twenty so neither only in really the you got your answer there in that neither of us know hotter add up to one hundred percent and yeah just you know so until definitely not skill a lotta luck clearly no question that's john birt jacobs. Co founders of the life is good company for the way we know for a fact that at least one other t-shirts has traveled traveled all the way to space and twenty thirteen astronaut karen nyberg posted a video on the international space station and she was showing how she washed her hair in zero gravity and the shirt that she's wearing in that video. It's from life is good. It's a grinning girl who looks like the original jake sitting back to back with her dog and underneath. It says lean on me.
"zero dollars" Discussed on The Bone 102.5
"Five minutes of Paul Stanley stage better. I'm going to listen to the whole thing start to finish tonight. I gotta say this. I don't know if you agree. I'm going to give advice all these upcoming pans out there don't talk just play your damn songs. I've maybe seen one or two bands. That have good banter between the music. Blink one. Eighty two was always fine. Yeah. But just shut up and just keep playing the songs, but that's a great idea. The new one. This is an old one. How you doing tonight, but don't stop playing music whatsoever. David what's up? Hey, good afternoon. How are you? How many greet every caller like Paul Stanley? Listening and you were talking about being a great kissed fan. So great kids fan, but I was a big kiss fan as a kid big hispan- had you ever seen or own kiss meets the phantom of the park movie. Yeah. I only watch like one hundred million times when it was on TV they show it every year. They don't bring that one up to them though. They're not they're not a big fan of their work in that film where kiss played kiss and then kiss played evil robot kiss that was taking over a a theme park. What an awful movie, but you love it as a kid. Right. Plus it here all their greatest hits than at the time. Seventy seven five seven nine one zero two five. That's fun. What's up, Brian? Hey ramstein. Have you ever seen them a far as the most major? Sorry ever seen. I have. Yeah. I didn't understand a girl asked me to go. I didn't understand a word they had to stay. But they were unbelievable. They're blowing fire out of mass on their face about ninety. I was in a box, and you could feel the heat all the way up there. They are unbelievable show. They have to make zero dollars when they.
"zero dollars" Discussed on Monocle 24: The Globalist
"We've got photos of pay packet saying his your monthly pay zero dollars case one cent what on earth? Yeah. I mean, this is a uniquely American problem. It's something that should be legislated out of possibility. I mean, basically government shutdown our modern American phenomenon they didn't use to exist. The started in the nineteen seventies. And they've become unfortunately, more routine occurrence in the past government shutdowns have been things where you know, a deal is about to be reached. They don't quite hit the deadline, and it's you know, the government is shut down from Friday at midnight until you know, Saturday at seven AM, this is something different. This is a twenty four day shutdown. As you said the longest in American history. And and also there's no sign that it's going to end. I mean, I have I have friends who are federal employees who are not working right now. And you know, there's the first few days, it's sort of like, okay. Well, this an extra bit of time to, you know, go for a bike ride or whatever in twenty four days. You know, you start to think I can't pay. My rent's, you know. I have to make different financial decisions. I'm going to have my credit rating heard this is, you know, it's real damaged real people, and then beyond the the employees themselves. It's the services that are going unfulfilled. So farmers are not getting payments from the federal government soon. There'll be a debate about whether tax refunds are going to go out, which is tens of millions of people wanting their money people on food stamps support from the government to buy basic, groceries that might not get paid. So this is the the real costs of this are mounting every day that this goes on. And you know, it's just the the people who can afford to suffer. This are the ones who are most hit by Donald Trump appears to be. Trying to use is advanced say, it's Donald Trump using this as leverage against the Democrats or should the Democrats taking an equal share of the responsibility for it. Well, the reason I put the blame on Trump and most Americans in polls suggests they put the blame on Trump is because the Democrats have said, look, let's just reopen the government with existing funding levels. Exactly the same thing as we had before..
"zero dollars" Discussed on WBSM 1420
"For zero dollars zero cents and President Trump is not giving up on his demand for tax payer money to fund the border wall. The issue at the heart of the shutdown, but he is not ready to act unilaterally yet, President Trump is putting the brakes declaring a national emergency at the US southern border for now. Now, the easy solution is for me to call a national emergency. I could do that very quickly. I have the absolute right to do it. But I'm not gonna do it so fast. The president insists he has the authority to declare the emergency. But he's still holding out for Democrats to come back to the table and make a deal, but he's not budging on his demands. Karen Travers, ABC news, the White House. The US withdrawal from Syria is now underway defense official confirms military equipments been pulled out of the country, but troops have not come out yet this on a day. New numbers came out of Syria. You ask and coalition aircraft dropped the highest number of bombs against ISIS in Syria this past November than during any month this year. That's according to new data published by the US air force showing a record one thousand four hundred and twenty four weapons released in the month before President Trump made his surprise announcement that he was withdrawing US troops from Syria. Meanwhile, in Afghanistan US aircraft have dropped more bombs under the Trump administration than during any year under President Obama, the total number of weapons released in two thousand eighteen is now greater than the three. Previous. Years combined, Elizabeth McLaughlin, ABC news. The Pentagon arrested Wisconsin man, they say kidnapped thirteen year old Jamie Kloss after killing her parents in October clause turned up sixty miles from her home last night saying she'd just escaped from her captor. Authorities say Jamie gave them a description of the suspect. And then they were able to pretend that suspect ABC's Alex Perez. The Dow was down six points. You're listening to ABC news. Indeed knows it's hard to find qualified candidates when you're hiring..
"zero dollars" Discussed on Lovett or Leave It
"Exactly zero dollars tax dollars what are you talking about the tax kids making signs and walking out it's a free thing is this is a good deal on the whole lately and and again i think this isn't the role of schools i mean i guess i'm old fashioned i think schools for learning school should be a place where kids feel comfortable and comfortable to stop and that is their point that is exactly their point miss god la they don't feel comfortable being targets of mass weapons of destruction in what should be a safe place yes gone lock it would be great given that now schools across the country have to do mass shooter drills be lovely to add up all the time that kids across the country are spending hiding in closets and running out of their schools and discussing whether or not to run to fight or to hide with their teachers who can't afford school supplies add up all of that time compared to these seventeen minutes of protests this is a good use of our taxpayer dollars ask you right i'm lock because tax dollars are going towards that's right mass shooter drills ms gun lock miscount locked this this certainly wasn't unfortunate misstep i think i think schools getting involved in this and helping to coordinate was not a good use of their time what fox news can't say is this is a student led movement that we have a policy disagreement with so even though this has been spearheaded by kids idea came from kids led by kids it's kids who walked out of class they have to make it about anything else it has to be about teachers that may have helped because they agree with the kids or tax dollars or wasted time or time that should be spent learning because what they can wrecking with is no these are this is a student led movement does inorganic student movement speaking out against the policies that your network supports it's not pre brainwashed approved.