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- PAIN to PROFIT$: The NVIDIA Era is Here, The Fed's Hopes For "Soft Landing," and How to Buy Back Your Time.
PAIN to PROFIT$: The NVIDIA Era is Here, The Fed's Hopes For "Soft Landing," and How to Buy Back Your Time.
Plus: A Complete Timeline On The TikTok Ban & 2 Minutes of Wisdom From The Late Jim Rohn.
$TREET $MART$
Buy Back Your Time to Get More Profitable
The 4 key strategies of "Buy Back Your Time":
The Buyback Principle: This strategy revolves around buying back your time by leveraging money to free up space in your schedule. It emphasizes reallocating resources so that you can focus on work you love and tasks that only you can do, thus maximizing your impact and satisfaction.
Your Effective Hourly Rate (EHR): Martell introduces the concept of calculating your EHR to understand the value of your time. This helps you make informed decisions about what tasks to delegate, automate, or eliminate, ensuring that you're focusing on high-value activities that justify your EHR.
Building a 'People Infrastructure' involves creating a team or system around you that supports your goals and allows you to leverage your strengths. By building a solid 'people infrastructure', you can delegate tasks effectively, ensuring the business can operate and grow even when you're not directly involved in every aspect.
Freeing Up Your Executive Leadership's Time: This strategy is about ensuring that not only your time but also the time of your key team members, is used as efficiently as possible. It involves streamlining processes, delegating tasks appropriately, and creating a culture where everyone is focused on their highest-impact activities.
PUL$E
Powell Says The Fed's on a "Good Path" to Achieve Hoped-for 'Soft Landing's
Diverse Problems, Consistent Themes
Each economic downturn from the Great Depression in 1929 to the Savings & Loans Crisis in 1987, the dot-com bubble of 1995-2000, the 2008 financial crisis, and the projected challenges in 2025 all share a unique set of circumstances. Yet, there are consistent themes: over-leverage, speculative bubbles, and the crucial role of monetary policy.
Looking ahead to 2025, the commentary suggests potential economic challenges stemming from, once again, "cheap money and banks overleveraged," hinting at the consequences of prolonged low-interest rates and speculative lending practices. However, it also emphasizes the importance of "keeping your powder dry," suggesting that despite the cold, wintery days ahead, there lies immense opportunity for those prepared to navigate the economic landscape wisely.
BRAND DAMAGE
The NVIDIA era has arrived.
You may have heard of NVIDIA.
You may know something about what they do.
Seeing as most of our conversations about AI revolves around creative products and who is going to lose their job, you may not actually understand the magnitude of the technological transformation America, and the world is in the throws of.
NVIDIA matters because they are leading its charge.
This 16 minute recap of a 2-hour event that was viewed live by nearly 100,000 people yesterday is going to lift the hood on Generative AI and even if you don’t understand all of the terminology you will see that the future of tech and business will be powered by NVIDIA, and it will belong to those who understand where their puck is going.
Xcelerated Performance
The Moment Everything Changes
If you’re an entrepreneur who uses social media at all you’ve likely come across a clip or two from the late Jim Rohn.
He was an esteemed entrepreneur and speaker whose words still go viral today because of his ability to distill complex concepts into simple practical wisdom.
Here are five statements for you this morning on how to think about the day ahead:
"Success is not so much what we have as it is what we are."
"Discipline is the bridge between goals and accomplishment."
"Don’t join an easy crowd; you won’t grow. Go where the expectations and the demands to perform are high."
"If you are not willing to risk the unusual, you will have to settle for the ordinary."
"Your level of success will rarely exceed your level of personal development, because success is something you attract by the person you become."
As an entrepreneur you will be the sum of what you seek to become.
Work harder on yourself and the business will fall in line.
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