May 5, 2018

Items in italics are direct quotes from the articles below

https://www.entrepreneur.com/article/281843

You most likely know that exercising, sleeping and healthy eating should be at the top of your priority list. When you exercise regularly, you’re more positive, energetic, productive and creative. That all translates into making you a more effective entrepreneur who can generate more revenue and create a bigger impact in the world. But maintaining a consistent fitness routine on top of being a productive entrepreneur isn’t a walk in the park (although even that would be better than nothing). A business leader’s average day consists of working from a to-do list, dealing with clients, managing a small team, racing against deadlines and replying to emails — our favorite. It’s easy to fall into the trap of believing there’s no time to have a life beyond work, much less one that carves out time for regular exercise. But personal health doesn’t have to become a daunting task that commands large chunks of your day.

Six core principles to follow are: schedule your workout, sleep smarter, start a culture of health and fitness at work, get creative and multitask, make high-intensity training your friend, and have a plan B. Managing your time and being intentional about working out is important to ensure your body’s health is maintained and ideally strengthened. There are 24 hours in a day, 60 minutes in an hour, and so carve out the time to work out. Rest and sleep is also a key component of your health too. Studies have shown that healthy sleep habits can help you keep your waistline under control. Sleep also plays a positive role in increasing your creativity, productivity, energy levels and decision-making abilities. What you do in the hour before bed is one of the biggest barriers to attaining quality, consistent sleep. Intelligent sleeping starts with self-discipline. Create sleep rituals to “automate” this important habit. Whether you are a small business owner or an employee, I think it is critical to maintain your physical strength. Your brain is a physical object and its health is critical for work performance. Your brain is also a muscle, so take the time to care for your body and for it. Because life happens, it’s important to have an alternative option and to maximize those moments. Personally, I’m going to carve out at least 30 minutes to exercise even if it must be in 10-minute intervals for exercise in some form.

https://cointelegraph.com/news/reddit-co-founder-says-ethereum-price-will-reach-15000-this-year

Alexis Ohanian, a co-founder of Reddit, said that he predicts the price of Ethereum (ETH) will reach $1,500 in 2018, Fortune reports May 2. Ohanian, who now works full-time at a venture capital (VC) firm Initialized Capital, said in an interview, “At the end of the year, Bitcoin will be at $20,000. And Ethereum will be at $1,500. Great, now people can call me out if I’m wrong.” He said that he’s bullish on ETH because “people are actually building on it.” His firm Initialized Capital is investing in emerging and innovative technology. I agree with the author of this article that Ethereum’s value will increase because it is a token that is being used and has a functional purpose behind it. It isn’t just a store of value and medium of exchange. For those people that are mining it or trading it, personally I would hold some in reserve. Ultimately, I feel that cryptocurrency could end up in some form replacing physical currency. In April, CEO of independent financial consulting firm deVere Group Nigel Green predicted that the ETH price would reach $2,500 by the end of 2018. Green says the fourfold increase would come as a result of growing adoption of ETH as well as the use of smart contracts.

If you need a financial check-up or prayer be sure to contact me.

This week, I’ve included THROUGH HELL – Motivational Video from the Mulligan Brothers YouTube channel.

“If you think you know it all, you’re a fool for sure; real survivors learn wisdom from others.”

Proverbs 28:26 MSG


Advertisements

December 23, 2017

Items in italics are direct quotes from the articles below

https://www.inc.com/matt-given/this-1-quote-from-kobe-bryant-is-all-you-need-to-know-about-his-success.html

On Monday, the Los Angeles Lakers retired two jerseys. Magic Johnson emceed the ceremony before a standing-room-only crowd at the Staples Center in the heart of downtown L.A. As the two jerseys, numbers 8 and 24, were hoisted to the rafters, the adoring Laker fans showered applause on the Laker greats who wore them. For this storied franchise with a long list of Hall of Famers, it was a fitting tribute. There’s only one twist to this fairy tale. Both numbers were worn by the same man. During Kobe Bryant’s 20-year career, he elevated a Laker franchise that had already seen the likes of Jabbar and Magic. His record wasn’t without its smudges–he was arrested in 2004 in connection with a sexual assault complaint in Colorado, and while the charges were later dropped, his reputation was tarnished. Even so, he remains one of the very early success stories of players who came right out of high school to the NBA. “Those times when you get up early and you work hard,” Bryant said during the number-retirement ceremony. “Those times you stay up late and you work hard. Those times when you don’t feel like working. You’re too tired. You don’t want to push yourself, but you do it anyway. That is actually the dream.” Bryant’s career has mirrored the path many entrepreneurs travel. By any measure, he has made it. But, don’t be fooled: Understanding his approach to the process is the lesson for any entrepreneur. It’s Kobe’s legendary work ethic, which has possibly landed him a position in the NBA Hall of Fame. Even during the run-up to the 2008 Olympics, Kobe would do pre-dawn workouts prior to official practices starting. Now out of the league, Bryant appears to be shifting his attention to the business and entrepreneurial world. He has been known to text successful business friends at all hours of the night and cold call others who catch his interest via a tweet or article.

Bryant told Bloomberg Businessweek:

I’ll just cold call people and pick their brain about stuff. Some of the questions that I ask will seem really, really simple and stupid, quite honestly, for them. But if I don’t know, I don’t know. You have to ask. I’ll just do that. I’ll just ask questions and I want to know more about how they build their businesses and how they run their companies and how they see the world.

It’s this work ethic and intensity, which will accelerate his business experience.

 

https://www.marketwatch.com/story/this-is-where-we-are-in-the-life-cycle-of-crypto-currencies-2017-12-22

A few months ago, I had lunch with a former trader who told me: “This is my third asset class. I have traded commodities, then derivatives and now it is crypto. However unlike the precedent waves, Wall Street is late to the party and early investors are very different. They are very technical and sometimes often see crypto/decentralization as a religion. They don’t want a yacht or a Lambo; They want to hodl their tokens.” I think he was right. We are at the birth of a new asset class. As Andreessen Horowitz puts it, “cryptocurrencies are a new asset class that enable decentralized applications”. Or something like that. Some much smarter people than me like Chris Burniske and Adam White already wrote about the birth of the new asset class few years ago. In this post, I highlight the different stages of the birth of the crypto asset class through a simple framework of technology adoption. In a second post (to publish on Medium during the last week of December), I shall discuss why institutional investors are keen on crypto. Finally. I address the adoption challenges for institutional investors.

Paradigm shift->Believers->Converts->Speculation->Retail FOMO->Institutional money->BURST

The first adopters are believers. According to this article as of December 2017, cryptocurrency is in the speculation phase. It should be noted that two advanced projects are still considered to be in “beta mode”

  • Bitcoin: It has become expensive and slow to transact. Even though the number of transaction grows, it is very far from being able to be a real medium of exchange. The recent forks try to provide alternatives and new updates such as lightning aim to enhance the network capacity.
  • Ethereum: The only disruptive-use case ethereum has brought so far is token launch/initial coin offering. It has somehow disrupted early-stage financing. But that’s pretty much it. When people starts to trade/purchase too many “cryptokitties” (a pokemon-style game run on ethereum), the network clogged. Yes. I know. Awkward. But cool updates like lightning, sharding etc.. are soon coming to market.

The author believes there is possibly even more money that can be poured into this asset class. Personally, I do own cryptocurrency, however these articles remain my objective review of topics that are interesting, and I encourage you to do your own research.

This week, I’ve included Best Motivational Video 2018 – Speeches Compilation 6 Hour Long – Motivation By Mulliganbrothers from the Mulligan Brothers YouTube channel.

“If you think you know it all, you’re a fool for sure; real survivors learn wisdom from others.”

Proverbs 28:26 MSG

December 2, 2017

Items in italics are direct quotes from the articles below

http://www.businessinsider.com/what-is-blockchain-how-does-it-work-explainer-2017-11

From a ‘castle’ full of bitcoin millionaires to the initial coin offering (ICO) craze, it’s hard to escape the chatter about how some people are building their fortunes off the new world of cryptocurrencies. But behind those cryptocurrencies sits a technology called blockchains, which some people believe could fundamentally rewrite how transactions are handled online. With analysts at UBS estimating that blockchains could be a $300 billion to $400 billion global industry by 2027, it’s clear that regardless of what happens in the bitcoin bubble, blockchain technology is here to stay. Here’s what you need to know about blockchains, the technology that’s set to disrupt the world of contracts, finance, shipping and countless other industries. This article is filled with detailed information regarding blockchain technology.  A blockchain is a digital ledger that is distributed across the internet. This ledger is linked through cryptography, and are bound in a way that can’t be edited. Inside each block is transaction history for every transaction that’s ever occurred on the block. Blockchains are good for two things: recording events, and making sure that record is never erased. Blockchains in essence can remove the middle man through a smart contract or a self executing contract. What makes the blockchain unique is that the network is distributed as illustrated above. With a distributed network there is no one central server to attack. Ethereum is popular with startup companies, and Hyperledger Fabric allows large corporations to create blockchain projects. This article is a pretty in-depth analysis of blockchains, and I believe this technology will ultimately end up changing our future.

https://www.forbes.com/sites/gingerdean/2017/06/30/3-ways-to-start-living-on-half-your-income

Living on half your income. Impossible? No. Daunting? Yes. How do we accomplish this? With willpower made of steely determination and making major sacrifices. Add to that a dash of honesty, and you’re on your way. Easy, right? All joking aside, the obvious first step is to cut back on your spending, and the way you do that is by taking a hard look at your expenses. But first, let’s take a look at why anyone would want to save half of his or her income. The author advises that if you’re married pick one income stream to live on or save half of your combined income. If you’re single you’ll want to save half of your income. Three steps to take are: track your spending for 30 days, go on the no spend diet, and automate your savings. The no spend diet involves spending money on only the essentials, and not spending money on anything unnecessary. Should do this diet after tracking your spending for 30 days. After doing the first two steps, automate your savings to deduct bi-weekly or monthly. The author also recommends examining the amount spent when it comes to home, car, and children. Doing little steps can have big returns in the end. It’s important to manage your finances, and it begins with knowing how much you get paid per month, how much you have to pay, when you have to pay it, and how much is left over. When money comes in, go ahead and have a plan for it. What is your long term goal? Does it line up with your vision? What does retirement look like for you?

This week, I’ve included Wake Up Early|End Laziness|Motivational Speech Compilation |Morning Motivation|Success Motivation from the Be Inspired – Daily Motivation YouTube channel.

“If you think you know it all, you’re a fool for sure; real survivors learn wisdom from others.”

Proverbs 28:26 MSG

May 17, 2017

Items in italics are direct quotes from the articles below

http://www.businessinsider.com/how-to-buy-bitcoin-using-coinbase-2017-5

A year and a half ago, the idea of buying the virtual currency bitcoin was laughable. After a rapid rise in value in 2013, the cryptocurrency’s value more than halved by mid-2015. At its lowest point, one bitcoin was equal to about $230. But now Bitcoin is at an all-time high, and rising. Within the last month, the price of one bitcoin has climbed from $1,280 to around $1,480. Given the currency’s covert nature, the average person still may not understand how buying and selling actually works. Using the app Coinbase, which lets anyone trade bitcoins for a small fee, we decided to find out. A brief warning: If you’re going to do this, tell your bank you’re about to buy bitcoin. More on that later. This article provides a step by step process of buying Bitcoin, so I recommend reading the article if you’re interested in purchasing it. The author also has his reservations about using Coinbase, however I personally am going to use this site to buy Ethereum. It is another cryptocurrency. If you’re interested in forming an investment group with me, then contact me.

http://www.marketwatch.com/story/7-money-making-lessons-from-the-richest-man-who-ever-lived-2017-05-02

Jacob Fugger was a German banker who financed kings, explorers, bishops and popes — and along the way made the biggest fortune ever amassed by a business person. The grandson of a peasant, he persuaded Leo X to legalize for-profit lending. One of his money-making schemes provoked Martin Luther to write the 95 Theses and kick off the Reformation. He played kingmaker in the 1519 election for Holy Roman Emperor. Jacob (Jakob in German) Fugger and his money gave the vote to Charles V of Spain and put Charles atop an empire as big as Napoleon’s. Fugger was worth about $400 billion in current dollars at the time of his death in 1525 — or 2% of Europe’s GDP at the time. (John D. Rockefeller was close in dollar terms, but his wealth equaled a smaller part of the U.S. economy.) Here are some of his secrets: invest when others fear, be indispensable, know the facts, know the numbers, get a good education, keep cool, and give something back. It’s best to not let fear or analysis-paralysis stop you from making a move when it comes to investing into your future. Do you have a vision? Do you have a mission? Do you have it written out? Be indispensable not just in your work place, but in your life. If you have integrity then people will trust in you and be willing to help you. Do what you say and say what you do, but make sure you think before you speak. Knowing the facts and the numbers will help you stay grounded. Getting a good education will help you draw out the person you are destined to be. Study what you love even if it’s for free, but think about how can you turn it into an income generating asset. How can it generate passive income or any form of income? Keep cool and use your will to stay focused on your plan whatever it may be. However, in the end, look at everything through the lens of eternity and legacy. There’s no sense in amassing great wealth with no plan on how you can help humanity. Fugger is best known as the creator of the Fuggerei, the world’s first affordable housing project. He thought anyone who worked deserved to have a roof over their head. Rent came to one quarter the market rate. The Fuggerei remains in operation and is the largest tourist attraction in his home city of Augsburg. Greg Steinmetz is the author of “The Richest Man Who Ever Lived: The Life and Times of Jacob Fugger.” I encourage you to read a book on a topic that interests, and a topic that is challenging to read to keep feeding one of your greatest assets: your mind.

If you need are interested in creating a budget, then contact me for a financial checkup in the contact me section. Also, learn more about the self-lending principle in the mustard seed section.

For this week, I’ve included MOTIVATIONAL VIDEO – LIVE LIKE A KING from MulliganBrothers YouTube channel.

“If you think you know it all, you’re a fool for sure; real survivors learn wisdom from others.”

Proverbs 28:26 MSG