PAIN to PROFIT$: The Barstool Sports Takeover, Swifties Are Here to Stay, The Immigration Crisis Reaches Boiling Point.

$TREET $MART
Spitting Game: Wisdom from a Self-Made Entrepreneur

Whitney's story is a beacon of inspiration due to his unconventional entry into the business world. He began with modest means and faced numerous obstacles, diverging from the typical success story often heard in the entrepreneurial space.

A self-taught individual, Whitney's ability to learn crucial skills independently is a testament to his resilience and passion. His diverse career has seen him make significant strides in various fields, especially technology, showcasing his adaptability and willingness to dive into new areas.

Beyond his business achievements, Whitney stands out for his commitment to helping others. He has actively mentored and supported aspiring entrepreneurs, particularly those without access to traditional business paths. His efforts to democratize entrepreneurship reflect a deep-rooted belief in inclusivity and support within the entrepreneurial community.

Insights from "Create and Orchestrate":

In his book Create and Orchestrate, Whitney brings his experiences and lessons to the forefront, providing a rich guide in both inspiration and practical advice.

1. Self-Belief and Resilience: Whitney emphasizes the importance of self-belief and resilience, drawing from his own experiences of overcoming challenges and setbacks.

2. Risk and Uncertainty: He encourages embracing risk and uncertainty, not as barriers but as integral parts of the entrepreneurial journey.

3. The Power of Self-Education: Echoing his path, Whitney underscores the importance of continuous learning, irrespective of one’s educational background.

4. Orchestration in Entrepreneurship: Whitney introduces the concept of "orchestration" - effectively bringing together various resources, people, and ideas.

5. Community and Networking: The book highlights the significance of building a supportive network and community in the entrepreneurial journey.

6. Balancing Creativity and Business Acumen: Whitney discusses how to maintain a balance between innovative thinking and practical business strategies.

7. Diversity and Inclusion: Drawing from his personal experiences, he advocates for more diversity and inclusivity in the entrepreneurial sphere.

8. Mental Health Awareness: Whitney also addresses the crucial aspect of mental health for entrepreneurs, advising on maintaining well-being amidst the pressures of business life.

Marcus Whitney's journey and his book "Create and Orchestrate" are invaluable resources for anyone embarking on or navigating the entrepreneurial path. His story is a powerful reminder that success can come from any starting point and that entrepreneurship is as much about personal growth and community building as it is about business success. The lessons and insights he shares are especially relevant for those entering entrepreneurship from non-traditional backgrounds, offering guidance, motivation, and a reminder of the importance of resilience, adaptability, and community in the world of business.

PUL$E
The Struggle Between National Immigration Policy and Local Business Realities

1. Federal Immigration Policy: The federal government's stance on immigration, particularly undocumented immigrants, has varied over time and administrations. U.S. immigration law, primarily governed by the Immigration and Naturalization Act (INA), sets forth the conditions under which immigrants can legally enter, reside, and work in the United States. The federal government, through various agencies, is responsible for enforcing these laws, which include border control and the handling of undocumented immigrants.
   

2. Benefits to Undocumented Immigrants: The notion that undocumented immigrants receive "free benefits" paid for by taxpayers is a point of contention. Generally, undocumented immigrants do not have access to most federal public benefits. However, certain exceptions exist, such as emergency medical care and K-12 public education. States and local governments may have their policies regarding the provision of services to undocumented immigrants, but these vary widely across the country.
   

3. Restrictions on Hiring Practices: Business owners in the U.S. are required to comply with the Immigration Reform and Control Act (IRCA) of 1986, which prohibits employers from knowingly hiring undocumented immigrants. Employers must verify the employment eligibility of their workers and can face legal penalties for hiring undocumented workers. This law reflects the federal government's effort to control illegal immigration by targeting employment, which is often the main attraction for undocumented immigrants coming to the U.S.
   

4. The Dichotomy: The perceived dichotomy arises from the federal government's role in managing immigration at the national level, including the handling of undocumented immigrants, while simultaneously imposing strict regulations on employers regarding the hiring of such individuals. This situation creates a complex landscape where the federal government is responsible for both the enforcement of immigration laws at the borders and within the country and for setting the rules around the employment of non-citizens.

CULTURE & BUSINESS
Dave Portnoy's HUGE Partnership With Rumble

Barstool Sports' valuable partnership with Rumble, the closure of an In-N-Out restaurant due to rising crime, Ohio's unique proposal to pay students for school attendance, the increasing American credit card debts, and the growing worries about illegal immigration in the US.

BRAND DAMAGE
It’s Good For Business

90% of a 16,000 football fan survey were found to be “tired” of the Travis Kelce & Taylor Swift coverage on Game Day.

Even professional athletes have grown weary of the duo with former NBA star turned podcaster Jeff Teague circulating yesterday across social as if he was speaking on behalf of fans.

But guess who hasn’t grown tired of the coverage?

The NFL and the Kansas City Chiefs.

Why? Money of course.

Here are some cold hard stats on just how good for business the ‘power couple’ has turned out to be.

• Swift has generated a whopping $335.1 Million in brand value for the Chiefs/NFL since coming on the scene five months ago.

• The NFL reached its highest regular-season female viewership since 2000.

• The league also reached its highest 18-34 viewership since 2019.

• The Chiefs vs Dolphins wildcard game set the U.S. live-streaming event record.

• The following week saw the divisional-round viewing record broken with 50.4 million fans tuning in.

• Travis Kelce's gear and merchandise sales are up 400% since Swift’s first appearance at a game.

Numbers like that signal only one thing…job security.

Also that despite bad blood brewing for some fans, change is only coming by way of tour dates or trouble in paradise.

Xcelerated Performance
The One Personality Trait That Separates All High Performers

Angela Duckworth, a psychologist and popular author, has extensively studied this trait and argues that grit is a strong predictor of success and achievement, more so than talent or intelligence alone. Individuals with grit demonstrate a consistent effort over time to pursue and achieve their objectives, showing steadfastness in their goals despite challenges or slow progress.

This trait is characterized by:

1. Persistence: The ability to stick with and pursue goals over a long period, often years or even decades.

2. Resilience: Bouncing back from setbacks, failures, and adversity, and viewing these as opportunities to learn and grow rather than insurmountable barriers.

3. Consistency: Not just working hard but doing so consistently over time, maintaining focus and effort.

4. Passion: A deep-seated interest and intrinsic motivation for the work or goals at hand.

Grit enables high performers to maintain their motivation and effort over long periods, often in the face of significant obstacles, thereby achieving a level of mastery and success that sets them apart.

In Case You Missed It
News For Your Consideration

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• South Dakota Gov. Noem calls for Texas and Abbott to “stand their ground” on national television.

• New business applications reached a high last year. Nearly doubling the pre-pandemic rate.

• This recession barometer hasn’t been wrong in 65 years. Here’s what it says is coming next.