Seven Traits of Successful Visionaries and Entrepreneurs


Trait #1: They Talk About Their Ideas

A lot of ‘wannabe’ entrepreneurs will spend too long jealously and secretively protecting their ideas. They are afraid their ideas will get shot down by people when they talk about them, they’re afraid people will steal them and they generally end up not telling anyone about them as a result.

This is a mistake as we’ll see – as there are HUGE benefits to talking to people about your idea.

In his great TED talk ‘Where good ideas come from’, speaker Steven Johnson describes an alternative narrative for where we get our best ideas from. Rather than striking us from the blue and causing us to jump up and shout ‘Eureka!’, Johnson suggests that most good ideas take a while to gestate and don’t arrive fully formed.

The best way to have a great idea then, is to mull over a problem for an extended period of time. Write it down when you have the germination of something that could work and then keep returning to it and iterating upon it.

Better yet, try speaking with other people. When we talk to others, it not only gives us access to their point of view and ideas (there’s the ‘crowd’ again) but it also helps us to better contextualize our own ideas. There is something valuable about saying an idea out loud and seeing how it sounds and imagining it from the perspective of others. Conversations flow and they bounce around from topic to topic and this helps to encourage that exploration of ideas that ultimately leads to novel combinations.

Don’t be jealously private about your idea – be open with it, talk about it and share it with your team. This is the best way to help it grow and turn into something amazing.

Do you really think that Steve Jobs invented the iPad on his own?


Trait #2: But They Don’t Talk Too Much

That said, you should also be wary of talking too much. This is one of the biggest warning signs that an ‘entrepreneur’ is actually a ‘wantrepreneur’. They are doing what some people call ‘playing business’.

This is the kind of person who spends a huge amount of time discussing their ideas, designing logos, holding meetings and planning their launch parties. They’re dragging their heels rather than getting on with actually creating their product or service. But it’s not because they are afraid to go live – it’s because they are just enjoying the song and dance of having an exciting idea. They waste everyone’s time with meetings and ultimately, they’re more interested in wearing suits than they are in making the idea happen.

On the other hand, the real entrepreneur simply gets on with it and puts their idea into action.


Trait #3: They Are Not Afraid to Think Big

Too many people think that they can’t aim big with their business ideas. They are afraid that if they tell people that their plan is to go to space, they’ll just get laughed out of the room! Likewise, for coming up with a plan to make a virtual reality headset.

Reality check: two of the most successful entrepreneurs in recent times (Elon Musk and Palmer Luckey) have built their businesses around these two ideas!

As Tim Ferris points out, it’s actually often easier to get attention for a big idea. Why? Because it’s so bombastic and so new that people sit up and they pay attention where otherwise they might have not cared. People want to be involved in something bigger than themselves. Why do you think that the Kickstarter for the Oculus Rift was so incredibly successful?

Finally, consider a technique called the ‘step-back’ technique. The idea is that you are always taking one step back from what it is you want to accomplish. In other words, you come up with an idea for something you want to invent that could change the world and you hold nothing back. You imagine what the product or service you’d be most excited for would be in a perfect future.

From there, you ask yourself how you could make that possible. Chances are that it won’t be possible. A phone that never runs out of power? Not possible. A projector like the one used in Star Wars? Not possible. But then you ask what is possible and what could come the closest to emulating the same effects.

In the former example, you have something like a solar powered phone charger/case. Or perhaps you could take something like the excellent ‘Crank’ iPhone case that showed up on iOS. This is a phone case that allows you to recharge the battery by turning a crank by hand to generate kinetic energy! For the hologram, the answer would be something like Microsoft’s highly exciting forthcoming HoloLens.

This type of thinking forces you to overcome limitations and to get inventive and can lead to real innovation. By thinking big, you can come up with ideas that other people haven’t even entertained, and you can make real breakthroughs as a result!

Let’s consider Elon Musk: here’s a guy whose end game is to colonize Mars and to rid the planet of its reliance on fossil fuels. Not exactly modest aims, but it seems to be working for the guy!


Trait #4: They Know When to Work with Others

Speaking of Elon Musk and his big ideas, this is a perfect example of how having a big idea can generate excitement and help you to make a splash.

Because when Musk came up with the notion of SpaceX, he had no clout behind his name and no prior experience. How would this ‘nobody’ gain serious interest in his competition to develop a spacecraft? He didn’t even have the money to put behind the idea!

The solution was simple: he found serious people within the industry that would give the presentation with him. He found ambassadors that lent his idea credibility and that was enough to ensure that backers would cough up the prize money.

This is an example of an entrepreneur recognizing their own limitations and knowing how to get around them by working with others. Likewise, you should also think of all the other ways that you can get around your own limitations with the help of others. Don’t know how to program your website or app? Hire someone. Not a great graphic designer? Hire someone.

Trying to do everything yourself is a big mistake as it will not only waste your time but also result in a less high-quality product than if you had used professionals. Know when to work with others and don’t try and do everything yourself!


Trait #5: They Take Precautions

Many people think that it requires a lot of guts and risk-taking to be an entrepreneur. This is true to an extent but it doesn’t mean you should be reckless. In fact, a good entrepreneur will always have contingencies and backup plans to mitigate risk.

One way to do this for example, is to be less of a perfectionist and to keep the costs of developing your idea to a minimum before you start profiting.

This might involve creating what you would call an ‘MVP’ (a ‘Minimally Viable Product’). The aim here is to offer something that is unpolished and that has zero bells and whistles. In the case of an app or a website designed to offer a crowd-based service, this might mean that you do handle the design work yourself and settle for something relatively ‘ugly’. In the case of a product, it might mean that you quickly put together something that is cheap to make and that has no attractive packaging etc.

The reason this is a good idea, is that it allows you to test and see if there’s an audience for your product before you spend more time, money and effort on it. If the MVP starts selling a little, then you know there’s interest and you develop it further into some perfect. If the project doesn’t work out, then you simply move on to the next one – no harm done!

This way you can ‘throw lots of paint at the wall and see what sticks. Become the ‘lean startup’ and don’t spend too long on an idea that you haven’t verified. Likewise, you aren’t taking a huge risk by investing countless hours and huge amounts of money into an idea that might not work.

A similar strategy is to first ‘validate’ an idea, which means that you try to sell it before it is ready. If you find buyers who would have paid for the service or product, then you can invest the time necessary to make it!

Then again though, it does also take a lot of courage to be a successful entrepreneur or visionary. You need to have the resilience to fail and to get back up and the thick skin to not care when other people ask what exactly you’re doing!


Trait #6: They Can Spot Opportunities

Of course, all of this would be a little moot if you didn’t have an idea to sell in the first place. Now I’m not going to say that all entrepreneurs are true innovators and visionaries. Some are, sure. But others are lucky, and others still are just savvy.

Either way, the key skill to cultivate here is the ability to spot an opportunity and to milk it. That means looking for gaps in the market. Looking for things that don’t exist yet but should and looking for ways to reach the right audience.

This is a skill that you can cultivate by asking the right questions: how could X be better? What is Y missing? What happens if you combine X and Y into one thing?

Otherwise, it might mean scratching an itch of your own or solving a problem in your own business or daily life.

And this ability to spot opportunities does not only help you to create the idea in the first place – it’s also what will help you find unique ways to market it, to get funding or to grow it.


Trait #7: They Are Passionate

A true entrepreneur needs to be passionate about what they do to be successful and this is actually one of the biggest reasons that a lot of wannabe businesses fall flat.

Have you ever had an idea for something that you think is good but that you don’t know much about? Maybe you’ve thought of a way to dry gym clothes, or a way to stop oil spitting everywhere when you cook steak.

Problem is, you may not be excited for that idea. In that case, you may want to patent the idea and license it but do not spend the next two years of your life building a business around it. People who come up with innovative ideas but that don’t really care about them or aren’t really interested in them are destined to lose interest before they become anything big.

Conversely, if you’re passionate about your projects, if you know how to talk the talk and if people can tell that you really believe in what you are selling, then you’ll find that it’s much easier to get people behind you and to get others as excited as you are.

In short, it’s no good having a good idea if you aren’t excited by it. Follow your passion and that’s how you’ll change the future.


The Most Important Person in Your Life

You’re down 41-0. Two minutes left in the game. The stands are empty since everyone left at the half. It’s cold, it’s raining and your legs are cramped. Your teammates droop their heads in defeat. Even the coach is sitting on the bench. Most everyone has given up. All but one. In the distance a lone voice cries out. “You can do it! Don’t give up! I believe in you!” It’s the ever-faithful cheerleader.

Yes. Every single successful person had one. Every. Single. One. Ask Noah St. John, author and speaker. After years of speaking with a myriad of successful people, he found they all had something in common. They all had someone who believed in them even before they believed in themselves. You may have to dig to find it, but I guarantee they did, even if only for a short time.


If you don’t have belief,

borrow it from someone else.


Motivational speakers will tell you that you need belief. What they failed to tell you is that you don’t need it from yourself, you can borrow it from someone else. I’d venture to say that almost everyone needs to borrow belief at one time or another. Even successful people who are masters at one thing may venture off to something new and need a cheerleader to take it on. Think about something you did for the first time. Something big. Walking (that may be a tough one to remember), Riding a bike, sleepover away from home, going off to college, jumping out of an airplane (with a parachute of course), starting a business. So many things that if you really dig hard, it wasn’t until after you accomplished something that you said “I didn’t believe I could do it!” The belief came after the action. The action created the belief. Well, the belief was always there, it just migrated to yourself. Look back and I bet there was someone behind you. Your cheerleader saying they believed you could do it.

There’s a never-ending supply of information and recommendations on getting a coach, mentor or accountability partner. You can even pay people for these services. Rarely (ever?) do you find someone recommending that you get a cheerleader. Yet, if success requires action and action requires belief and you don’t have that belief, how can you ever take action? In effect, cheerleader ends up being the most important person in the chain.


Coach, accountability partner and cheerleader

are distinct roles.


It’s possible for one person to fulfill more than one role or even change roles as the situation dictates, but make no mistake, coach, accountability partner and cheerleader are distinct roles. A coach (or mentor) is a person at least one step ahead of you (important!) and pointing you in the right direction. Interaction with your coach may be intermittent and you may not even know them personally. An accountability partner walks beside you. Interaction with your accountability partner is regular, frequent and best when they’re on the same journey as you. A cheerleader walks behind you and, well… cheers. A cheerleader is consistent, constant (even if it’s just their voice in your head) and you have to have at least a minimal personal connection. Once belief is transferred, you can even be your own cheerleader (but what fun is that?)

For many, cheerleader is mom. Unconditional love, unconditional support, unconditional belief. For just as many, it’s not. It can be anyone; a parent, relative, friend, coach, teacher. You can have more than one and you can pick up new ones along the way at any time. There’re really only two conditions. First you need to have some kind of personal connection. You would have a hard time accepting belief from a complete stranger. Second, unwavering belief. There can be no hesitation. Pure cheerleaders are exactly that, pure cheerleading. No matter how many times you fall, it’s going to be ok and they tell you to just get up and try again.


As much as you need to invite cheerleaders into your life, you even more need to dismiss the naysayers.


I hesitate to mention this because I don’t want you to think that you don’t have control over the situation, but there’s normally a third element. Cheerleaders are typically voluntary. What I mean is that you rarely ask someone to be a cheerleader, they usually just “happen”. In fact, if it doesn’t come naturally, the cheerleading may seem fake. Side note – isn’t this always true for naysayers? You never ask them and it’s always a volunteer position! It’s why you can’t hire a cheerleader, your brain will always wonder if they’re telling you something just because you’re paying them. Hence the requirement for some kind of personal connection. Take heart. Just like you can dismiss naysayers in your life, you can surround yourself with potential cheerleaders by inviting positive people into your life and in no time the they will show themselves (that’s what cheerleaders do, duh).

One final piece of advice, marry a cheerleader. They’re the one person you will spend the most time with and the one person who can probably get in your head the most, so why not stack the deck and attach yourself to one that will always be there for you. I did. It’s wonderful.


Pssss… Don’t leave without getting your freebies!

The Most Important Question to Answer Before Starting a Business or Career

And the answer is… (Drum roll please…) How much money can you make?

What?!?!?! Really? Oh you money hungry, greedy capitalist pig. Yep, that’s me. “But I really want to do this.” “It’s my passion.” “It will make me so happy.” Blah, blah, blah. We’re all so caught up in this “do what you love” crap that we never stop and ask if it’s really a good idea.

So, why is this the most important question? Simple, how much you can make dictates (or should anyway) how much you can invest to get (whatever) off the ground and running.


R.O.I. – Return on Investment


For wise investors, this is second nature. They call it ROI, return on investment. When it comes to choosing a career or starting that dream business though, emotions get in the way and this step is thrown out the window. In the case of a college degree, it’s almost sacrilegious to question whether a degree is worth the money paid. Maybe if we actually thought about it for a minute we wouldn’t have millions of degreed restaurant personnel with $60,000 of debt.

Now that you’re all worked up, let’s calm down for a second. I’m not questioning whether a degree in 18th century french poetry is legitimate, I’m merely proposing that one shouldn’t borrow $60,000 to get one. If you have $60k stuffed into your mattress, then by all means “poet” till your heart is content. Just don’t borrow it and then complain 6 years later that your burden is too much to bear.

Do some simple math. Google “loan calculator” and you’ll find a myriad of sites to help you. A $50,000 loan paid over 10 years will set you back around $500/month. That’s no small chunk of change for a fresh graduate to handle. What’s the typical starting salary for the career you’re working toward? Simple math again. What monthly payment can that salary support? If it’s less than the burden you’ll incur by borrowing that amount then it’s time to look for other ways to supplement your investment.

What about my passion? I’ve always dreamed about making ornate pencils for first grade kids. Awesome! Nothing better than following your dreams. The only issue I see here is there’s a better than average chance your passion may just be a hobby and not really a business that can put food on the table. Again, do some simple math. Say it takes you one-hour to make that amazing pencil and you sell them for $10 each. Well, that comes to about $10/hour of revenue. Even at 100% profit that makes for a tight living and certainly no room for you to spend $25,000 on that custom pencil engraving machine.

These examples may be a bit on the fringe but the logic applies to any endeavor that will eventually be expected to support your lifestyle. When that rent bill is staring you in the face, all of a sudden money really does become important.


Mastering delayed gratification will go a long way for you in life.


“Give me some help here Ed!” Ok, I love a person with passion. I really do want you to be able to follow your dreams. It’s why I bring all this up in the first place. I’ve seen (and experienced myself) all the excitement of a new venture that ends up being flushed down the toilet of busted dreams. It’s why I want you to put this thought in beforehand so you can greatly increase the chances you will be able to follow through.

What can you do if the analysis determines that your new venture will not support the debt you need to start? Quite simply, you need to supplement without debt. One very simple way is to postpone your dream a bit. Train yourself in a little delayed gratification. For instance, I postponed going to college and worked full-time for a year in construction after I graduated high school in order to save money for college. Did it suck watching all my friends go off to school and leave me behind? Yep! Do I regret doing it? Nope! Once I went off to school, I enrolled in a co-op program where I alternated working quarters with school quarters. It stretched out my graduation date but supplied me with more earnings toward school as well as valuable experience once I earned my degree.

If you’re starting a new business. Do you really need that high end office furniture? Latest computer? Fancy clothes? So many people will spend money on items that don’t contribute to the bottom line or to customer satisfaction. Think longevity. Most business plans blow up in the first 3 months. It always takes more time and more money than originally planned to get things rolling. Don’t starve a business that could have been successful if you only had 3 more months of money to carry you through. When you create your business plan, add 50% to the cost of starting up and 50% more time until you reach your sales goals. What does that do to the picture? Better to reduce cost up front and have it leftover for later than to run short just before you’re ready to take off.

Looking for a way to supplement your income or add another revenue stream? Checkout a great online business here ShiftYourTrading

Also, don’t forget to Subscribe to get access to exclusive training not available here.


Deep Learning to Deep Unemployment

It seemed like a fun project. Think of the exciting possibilities. In 1959 Arthur Samuel wanted to teach his computer to play checkers. At the time getting a computer to do anything required the programmer to tell it in excruciating detail exactly what to do in every situation. The inherent problem with this method, besides being laborious and time consuming, is that the computer will never be able to do anything that the programmer doesn’t know how to do. Then Arthur decided to let two computers play each other and learn from each other. He’s since been known as the father of machine learning.

Fast forward to…

1985 – Computers can talk. Computational neuroscientist Terry Sejnowski’s program NetTalk pronounces English words.

1989 – Computers can read. Yann LeCun’s invents machine that can read handwritten digits.

1997 – Computers can win. World chess champ Garry Kasparov is beaten at his own game by IBM’s Deep Blue.

2005 – Computers can drive. Stanley beats twenty-two other robot vehicles on a demanding 132-mile desert course. Congress funded the competition to support its directive that one-third of U.S. military ground vehicles be unmanned by 2015.


No longer limited to mundane tasks on a factory floor, deep learning combined with mobility enables computers to walk, talk, learn and do things that were once relegated to the world of science fiction.


2012 – Computers can watch video. Google develops a network of 16,000 Internet-linked computers that learn to identify cats by browsing millions of random YouTube videos.

2014 – Computers can create. University of Montreal doctoral student Ian Goodfellow invents the General Adversarial Network, or GAN. Computers are no longer limited to what humans can feed it. Now they can feed each other data it creates.

The Progress of GAN technology to create fake images.
Try for yourself below.

2020 – Computers are necessary. For years businesses that replaced workers with machines were demonized. The great shutdown triggering the great reset has given businesses cover under the umbrella of safety to use machines. Now it’s practically a moral imperative. Jobs that can’t go remote are now open season for deep learning robots to “save the day”.

  • Driving Cars
  • Flying Planes
  • Preparing Food
  • Diagnosing Disease
  • Finding Legal Precedents
  • Creating art, poetry and music
  • Writing articles, stories and books
  • ???…

80% of jobs in the developed world are in services. Jobs that deep learning can now perform. Are you ready?


Subscribe to get access to exclusive training not available here.

Blockchain and Bitcoin for Dummies

Bitcoin and Blockchain and Crypto, Oh My! I’m sure you’ve at least heard the terms bitcoin and blockchain thrown around. It’s a mystery to many and the thought of electronic digits of “money” stored in digital wallets sure can sound like a lot of hocus-pocus. Actually, in some ways it is but it’s not very different from the pieces of paper called dollars (or fiat money) that are in your pocket right now. (Ooohhh… now there’s an interesting topic.) Like it or not, believe it or not, blockchain is here to stay. Ignore it at your own peril.

Definitions:

Crypto or crypto-currency is the overall term applied to digital currencies like Bitcoin, Ethereum, Litecoin, Ripple, etc. “Crypto” refers to the complicated algorithms that must be solved in order to create coins and process transactions. Think “Hi-Tech computer security”.

Blockchain is the technology behind crypto-currencies that enable them to work. The blockchain is merely a digital method of economic transaction record-keeping, or in layman’s terms, it’s a digital ledger. The thing that differentiates it from any other digital record-keeping system is its security. While the data recorded in blockchain can be viewed openly by everyone within a given network, no one is able to edit or delete existing records. Thousands of computers (nodes) in the blockchain network validate the records all of the time. This means that it is virtually impossible to hack a blockchain network as you would require more processing power than all of the computers that make up the network.

Bitcoin is one of many crypto-currencies and is just one of the several hundred applications that utilize blockchain technology. Bitcoin is the one most commonly known since it was the first crypto-currency and the first to utilize the newly developed blockchain technology. Some may use the words Bitcoin and Blockchain interchangeably, but that is incorrect. Bitcoin could disappear or go out of existence but the blockchain technology would stay. Just like social media could go away (Oh! the tragedy) but the internet would still be around (and much happier).

Bitcoin mining is the process of verifying Bitcoin transactions. These are individuals, groups or companies that use high powered computer equipment to solve the complex cryptographic codes needed to verify each transaction. Bitcoin miners receive rewards for this work in the form of Bitcoins.

What’s the big deal? The blockchain (and therefore bitcoin) is decentralized. It’s not controlled by any governments or centralized banks. A major advantage that Bitcoin has over conventional money or fiat currencies is that it is not affected by any inflationary or deflationary measures imposed by countries. A number of countries around the world are scared of Bitcoin and some have actually banned Bitcoin.

Bitcoin gets all the attention but the real hero is the blockchain technology. Back in the 90’s, websites were getting all the attention. The internet bubble ran strong for several years. People paid unbelievable amounts for companies that made no money but had millions of hits to their websites. Most of those companies went belly up in the bust of 2000 but the real hero (the internet) stayed strong. Innovation after innovation came about utilizing that new amazing technology. Now the internet is practically indispensable for millions of businesses and billions of people. Bitcoin may go belly up (many crypto-currencies already have) but the blockchain will go on and be used in ways we can’t even dream of now. Even to the dismay of some countries.

Want to Learn More?

Download My Free ebook Now!

Ready for the great reset? Subscribe to get access to exclusive training not available here.

The Generation Lags the Revolution

If hindsight is 20/20, what is foresight? Ask anyone who’s entered a dying profession and I’m sure they’ll tell you their foresight was less than desirable. Such is the crutch of most when it comes to recognizing trends in their early stages.

You probably studied the industrial revolution in school. All the advancements that took place. The money that was made. Ahhh… Good times. What you may not have learned was that it took years, decades even for people to leave their family farms and embrace what was going on. Maybe embrace isn’t the right word. You could easily embrace a new technology but still stay in your old habits. When a new technology decimates an old industry though, it’s embrace or die, and the earlier you embrace the better off you’ll be in the long run. Of course farming still exists, but ask any small farmer and they’ll tell you what a struggle it is to survive. Farming is now dominated by large corporations with even larger machinery.


Today, access to information is limitless, free and accessible right in the palm of our hand.


Fast forward to 1990 when the version of the internet that you’re familiar with came about (the world wide web). Instant transmission of information. It’s hard to imagine being without it today, but in 1990 it was truly revolutionary. Today, access to information is limitless, free and accessible right in the palm of our hand. So why then do we pay tens of thousands of dollars for information in the form of formal college schooling? Even worse, college cost has continued to skyrocket well above average inflation measures even as information has continued to be distributed freely. I challenge anyone to find “secret” information in a college course that you cannot find online. Yet it’s almost impossible to find an adult that isn’t hell bent on sending their child to college even to the point of putting themself and/or their child in a severe financial deficit. The result is the highest educated class of restaurant personnel the world has ever seen.

Let me pause here and stop the haters (do they ever stop?). I’m NOT against college or education or teachers (or little puppies). I certainly would not want my doctor cutting on me after getting some tips on YouTube. There are certain professions that require formal education (although, I still contend they are very overpriced). I also highly value education and critical thinking. Both of which seem in short supply given what goes around on social media these days. But I digress…

Why the disconnect? The generation has yet to fully embrace the information revolution. The subconscious belief that a college degree is worth what is being paid for it trumps the reality that in many cases, it’s just not.


Will you lag the revolution?


Fast forward to 2020 😬. Up to this point, you may or may not agree with anything I’ve said (then why are you still here?) but this fact is hard to refute; the world has changed and the change has been faster and more global than any change in history. You may rationalize that things will just go back to “normal” eventually. That may be true and for a time it may seem that way but make no mistake, changes have taken place that are permanent and life changing for millions of people. So you have to ask yourself, will you lag the revolution?

What is this revolution? Working remote. (I can see your eyes roll). Working remote? Really? Nothing new here! While it’s true that the capability of working remote has been around since broadband internet became widely available, employers and employees alike still fancied meeting at the office. I don’t blame them for not embracing this revolution, personal interaction is severely undervalued. Plus, the economy was bustling and there just wasn’t the need to send everyone home. Not to mention those long term leases on office space with infrastructure already set in place. Then… 2020 happened (insert shrieking background music here). It was do or die. Now there’s an incentive to embrace the remote revolution. Millions of people that always had the capability to work remote now had the necessity to work remote. At first it was awkward but now several months into it, group video calls are just part of an ordinary day.


The part that isn’t so obvious.

Big deal, now a bunch of people work from home. It’s more than that. Once your job is remote, it doesn’t matter if your 1 mile away or 10,000 miles away. The person that used to compete for a job against anyone within a 50 mile radius of the office just entered the arena of global competition. What happened when other jobs went remote? Many went offshore. Even without going offshore, a much larger pool to pick from means salary deflation is practically a given. Now how much is that college degree paying you?

What about secondary effects. Smart businesses are figuring out what they can do without. For starters, office space and all the overhead that goes with it. I predict commercial real estate is going into a very long term decline. What about everything that goes into supporting that office? Office furniture, commercial cleaning and supplies, vending machines, coffee service, surrounding restaurants that were filled at lunchtime, business attire, business travel, mass transit and I’m sure many more that escape my mind. I haven’t even mentioned the jobs that can’t go remote. My heart goes out to every restaurant/bar, small retail and gym owner and the employees that will never get their jobs back.

What’s the good news? The good news is that you’re here (and still reading, thank you). This is your wake up call. Don’t be one of the many who see what’s happening and ignore it or wish it away.

It’s time to embrace the revolution.

Subscribe to get access to exclusive training not available here.

The Great Reset

The Great Reset is Here! It’s been planned for years. It’s no longer conspiracy theory. Time Magazine and the World Economic Forum have announced it to the world. Ignore it at your own peril. All that was needed was a crisis to kick it off and 2020 handed it to them on a silver platter. Many years from now society will look back on the 2020 shutdowns and see it as a turning point in history. Don’t let normalcy bias keep you from learning to survive in this new era.


The great reset is man-made, centrally planned and forced upon us at a speed never before seen in global history.


Other revolutions came about through the ingenuity of many people over time to solve various problems, increase productivity and improve quality of life. The great reset is man-made, centrally planned and forced upon us at a speed never before seen in global history.

Central planning is the worst way to solve problems. It’s the ego of those in power that causes them to think that governments can solve our problems. It’s the fallacy of entitled persons to believe government should take care of them. Governments and any very large entity that runs from the top down have the inherent issue that they are far removed from the actual problem. The further one is from the problem, the greater the odds of getting the solution incorrect. The larger the organization, the slower mistakes will be admitted and corrected. Worst of all, the larger the organization, the larger the mistake and the more damage that is done before it’s corrected.

The fundamental assumption of the great resetters is that capitalism is flawed and needs to “reimagined”. I’m not here to tell you that capitalism is the perfect system. There is no perfect system. What history has proven though is that it’s a far better system than any other that has been tried. Actually, the biggest problem resetters had was that capitalism was working too well. The United States was experiencing the greatest economy in the world. Not a great atmosphere to be promoting an alternative. Covid and the subsequent shutdowns fixed that little road block.

So there’s some backdrop, now what are we up against?


Three stated goals of the great reset:

  1. Steer the market toward fairer outcomes.
  2. Ensure investments advance shared goals (sustainability, equality)
  3. Harness innovations to support the public good.

On the surface, these are all very warm and fuzzy. Who wouldn’t want these things? (Evil capitalists of course!) Well, most politi-speak sounds good on the surface, it’s in the execution where it all goes wrong. People are flawed, biased and contrary to their own opinion, not omniscient. So just like any utopian endeavor, actual results never match up to the intended ones even with good intentions. Believe it or not, there are one or more persons out there with evil intentions too.


In business, not everyone get’s a trophy


Fairer outcomes. This is no doubt driven by the wealth gap. I’m not a wealth gap denier, it’s simple math. The question is how to deal with it assuming it needs to “dealt” with at all. Strictly speaking, someone else having more money than me is not an inherent problem no matter how bad it makes me feel. Digging a little deeper, this is more than just tax the rich. It’s change the system so they never get so rich in the first place. It’s a fundamental philosophy that states if two people venture out to start a business and one fails while the other gets absurdly rich, that’s just not “fair”. Yeah, it does kinda suck (for the first guy anyway), but removing the incentive for the second guy means the odds of him even trying are greatly reduced or eliminated. For every Steve Jobs, there are dozens if not hundreds of others that tried and failed. It doesn’t feel fair but is it better to have 1 Apple and 9 failures or no Apple and no failures? I’m sure all the happy iPhone users have the answer. Capitalism provides equal opportunity but not equal outcomes. Sorry, but in business not everyone gets a trophy. To the extent that something impedes access to equal opportunity, then I propose solutions would better be focused on that end of the equation.

Advancing shared goals. Who came up with these goals? People that know what’s better for all of us I guess. There’s only two ways for a global population to have shared goals. Either the goal is so basic and fundamental to human existence (food, clothing, shelter) or the “shared” goal is forced upon an unwitting people. You can guess where my bet is. Even with a legitimate shared goal though, implementation is again best determined locally. Not everyone experiences issues with basic human needs (or sustainability and equality) the same in every city and country so how can solutions be centrally planned? They can’t. Which is why they will just be forced. Anyone looking for startup capital for a new venture better be prepared to show how their business will advance these “shared” goals.


Harness

Verb – to control and make use of

Oxford English Dictionary


Harness innovations. Innovations come from the innovators. Do governments innovate anything? Well, anything useful? Hence the need for them to “harness” it from someone else. “We’re from the government and we’re here to help.” Do I even need to explain the ramifications of this? No worries here though, it will be for your own good.


Now that you know a bit about what the great reset is, what does it all mean? I’m not smart enough to have all the answers. If I was, I’d be on the central planning committee (ba-dup-ba). I’ll make a feeble attempt at predictions, feel free to make your own.

Great Reset Predictions:

  1. Commercial Real Estate is dead especially in large cities. As businesses tool for permanent remote workers, the need for office space will continually dwindle. The secondary effect, especially near concentrations of office space, will take out support businesses; nearby restaurants, cleaning services, office furniture, business attire, business travel, hotels.
  2. Remote working will skyrocket competition for jobs. No longer is the guy down the street the only competition. Remote positions can be worked anywhere. As competition for jobs increase, salaries will decrease and increase demands for a “living wage”.
  3. Socialism will march on (under the banner of fairness). The rich stay will rich and the poor will stay poor but the middle class will be destroyed. Poor people want to keep getting free stuff so they will continue to support it. The rich will keep influence and power no matter what (which ironically is one of the items they are supposedly against). The only ones left holding the bag are the middle class.
  4. Hyperinflation that used to only happen to those “mismanaged” third world countries will come home to roost in first world countries. This one is a hard one to pinpoint. It’s a total crap shoot on who will lose their citizens trust first. Every country is printing money like there is no tomorrow. So far the U.S. dollar has been the best of the worst. Who knows, it may continue for years. Just be aware it can come at anytime.
  5. Quality of healthcare will decrease. I pick this one out in particular since it’s so near and dear to Americans. There are certainly many problems with our current system, but overall we are so very spoiled by the level of healthcare available. We are also generally very sick. Obesity, diabetes, heart disease, depression, etc. Contrary to what the food and drug industry may tell us, so much of this is related to our diets and fitness level. It’s easy to ignore when you can pop into a doctor at any minute and get the pill or procedure of the day. When that luxury is gone, you’ll wish you took better care of yourself.

What does this mean for you?

  1. Income needs to be mobile.
  2. Assets needs to be liquid.
  3. Money needs to be portable.
  4. Skills need to be up to date.
  5. Health needs to be improved or maintained as best as you can.

My goal from here is to keep you as informed as I can and offer you tools that can help you in the above areas. Make sure to subscribe to get access to exclusive training not available here.

Good luck and God speed.