Make Money Podcast

Title: Hindsight Is 20/20   In 1956, to store 5MB of data, you needed a hard drive the size of an XL refrigerator. Today, we can hold over 51,000x on the tip of our fingerBut we kept getting diminishing returns within the last few years.Computers are still getting faster but we’re not seeing the exponential strides we hadThe one technology that powers our entire modern day lives, that is at the core of every millionaire dollar business, every billion dollar business, brick and motor business, education, government is at a plateau.And the person that can figure out a new way to keep pushing humanity forward? Forget millionaire, forget billionaire. They’ll be one of the most pivotal people in all of human history.The Quantum Computing AdvantageInstead of just bits only representing 0 and 1's or just 2 states, thanks to quantum physics, each bit in a quantum computer or qubit can represent 0 or 1 at the same timeMore possible states = more possible data that can be processed at the same timeThis allows quantum computers to scale up exponentially fasterJust like the revolution cars, computers, and internet brought forth, quantum computers have the potential to change the worldPractical usesAI is the perfect candidate for the power of quantum computingAnother use case is using quantum in the financial markets, stock market, etc, to predict where prices will goCryptography is another industry that is going to be heavily disruptedOthers include:Weather ForecastingMolecular ModelingParticle PhysicsFirst, it will only be used at the scientific and big business levelAnd as the technology progresses, it will trickle down to the consumer.The PioneersOn Oct 23rd, Google achieved “quantum supremacy”Google and IBM aren’t alone - Microsoft, Amazon, HP, Alibaba, Huawei, have joined the partyApple was able to become the biggest company in the world, nearly a trillion dollars with just classical computersSo how high will quantum take us?  Lets see...     Hosted by Jason Allan Scott  Jason Allan Scott an award-winning Entrepreneur, Podcaster, and Bestselling Author. Various media and social media platforms including Amazon have called Scott a top influencer on the web, Double Dutch said he is one of the most influential Event Professionals in the world as did Eventbrite. He was recognized as a top 100 small business for his Podcast Production and Teaching Platform and invited to Number 10 Downing Street.    Jason hosts, creates and teaches the business of Podcasting.    http://www.apodcastmasterclass.com/  next course starts 20 September - see site for details  mailto:Jason@JSJVS.Com     All materials in these show are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this podcast and have a problem with the use of said material, please send me an email, mailto:jason@jsjvs.com and we can sort it out.   Subscribe https://podcasts.apple.com/gb/podcast/the-make-money-podcast/id1515388086 | https://podcasts.google.com/?feed=aHR0cHM6Ly90aGVtYWtlbW9uZXlwb2RjYXN0LmxpYnN5bi5jb20vcnNz | https://open.spotify.com/show/3OCYbbIRZIBIxSEVaPWPa5 | https://www.stitcher.com/s?fid=538106&refid=stpr | iHeart   A Podcast Company -  is the leading podcast production company for brands, organizations, institutions, individuals, and entrepreneurs. Our team sets you up with the right equipment, training, and guidance to ensure you sound amazing. - https://www.apodcastcompany.com/  and  http://www.podcastsyndicator.com/

Title: You want to be a modern day monopoly man.    Modern day monopolists have so much power that they’re basically the equivalent to kings and queens and everything people fantasize about being a rich entrepreneur. Your first instinct to model the old robber barons of the past, like Rockefeller and Carnegie. Start a linear business where resources go in, products come out, and then you buy up the entire supply chain for that product.   The problem with this traditional route is that it’s outdated. Today’s monopolists are much different. Instead of buying up more factories, it’s all about acquiring more users. Zuckerberg, Bezos, Pichai, all get their fair share of criticism these days. They’re idolized as the greatest entrepreneurs of their time. We collectively create these monopolies ourselves. Screw the old monopolists, let’s join the ranks of the new monopolists.   We need a business model that doesn’t rely on patented scientific discovery. Platforms are the one thing that all these new age monopolists have in common. Networks of users are the one thing that allows us to monopolize. Controlling the networks is the safest, most sustainable, and most profitable way to go. The platform entrepreneurs are the secrets behind today’s all powerful monopolists.   All a platform is a network where producers and consumers can meet and exchange value. Building one and getting it off the ground is much harder than a traditional linear business where resources go in and goods come out. The first step in your monopolistic journey is picking the right market. The most important question you have to answer in your quest for your monopoly platform is what is the Core Transaction? If the platform is the modern day factory, the core transaction is the assembly line.   Step 2 in our assembly line is a user connecting with another to spark that exchange. Step 3 is simple - once consumers find the right match, they consume the producer’s inventory. And step 4, consumers give value back to the producer in exchange for what they consumed.   It’s so important to get each step as efficient as possible. Start audience building. As the network gets bigger it’s gonna get harder and harder to connect the right consumers with the right producers. Offer tools and services. Platforms are by far one of the hardest businesses to build today because you run into the chicken and egg problem. Make sure your platform is healthy with audience building, matchmaking, rules and standards, tools and services. We need to lay the groundwork, the platform for entrepreneurs to build off in space. And as we’ve learned, the ones who control the means of connection in space? Well, they’ll probably be Gazillionaires!!!    Show sponsored by http://miceoffers.com/  where you can get HUGE discounts on business travel.    Hosted by Jason Allan Scott  Jason Allan Scott an award-winning Entrepreneur, Podcaster, and Bestselling Author. Various media and social media platforms including Amazon have called Scott a top influencer on the web, Double Dutch said he is one of the most influential Event Professionals in the world as did Eventbrite. He was recognized as a top 100 small business for his Podcast Production and Teaching Platform and invited to Number 10 Downing Street.    Jason hosts, creates and teaches the business of Podcasting.    http://www.apodcastmasterclass.com/  next course starts 20 September - see site for details  mailto:Jason@JSJVS.Com   Subscribe https://podcasts.apple.com/gb/podcast/the-make-money-podcast/id1515388086 | https://podcasts.google.com/?feed=aHR0cHM6Ly90aGVtYWtlbW9uZXlwb2RjYXN0LmxpYnN5bi5jb20vcnNz | https://open.spotify.com/show/3OCYbbIRZIBIxSEVaPWPa5 | https://www.stitcher.com/s?fid=538106&refid=stpr | iHeart   A Podcast Company -  is the leading podcast production company for brands, organizations, institutions, individuals, and entrepreneurs. Our team sets you up with the right equipment, training, and guidance to ensure you sound amazing. - https://www.apodcastcompany.com/  and  http://www.podcastsyndicator.com/

Fake it till you BECOME it.    "Fake it till you make it" (or "Fake it until you make it") is an English aphorism which suggests that by imitating confidence, competence, and an optimistic mindset, a person can realize those qualities in their real life. The phrase is first attested some time before 1973.    Thomas Edison, is a great example    The Law of Attraction movement is the belief that positive or negative thoughts bring positive or negative experiences into someone’s life. A central concept of the movement is to ‘act as if you already have it.’ This in itself is fine and is not too different from the notion of visualizing your future successes and achievements in an attempt to manifest the behaviors necessary to get you there. Faking it for the right reasons can change you for the better, but getting it wrong can create all kinds of problems with trust and transparency. So, how do you know when it’s safe to do so?    If you have a deep desire to change or improve something about yourself and you fake that behavior with conviction in order to get there, then eventually the power of habit will kick in. Just believe fully in yourself, your ability to change and the reason you’re doing it in the first place.   Subscribe https://podcasts.apple.com/gb/podcast/the-make-money-podcast/id1515388086 | https://podcasts.google.com/?feed=aHR0cHM6Ly90aGVtYWtlbW9uZXlwb2RjYXN0LmxpYnN5bi5jb20vcnNz | https://open.spotify.com/show/3OCYbbIRZIBIxSEVaPWPa5 | https://www.stitcher.com/s?fid=538106&refid=stpr | iHeart   A Podcast Company -  is the leading podcast production company for brands, organizations, institutions, individuals, and entrepreneurs. Our team sets you up with the right equipment, training, and guidance to ensure you sound amazing. - https://www.apodcastcompany.com/  and  http://www.podcastsyndicator.com/

Title: The Power of Surge, Dr Michael Waters   Be more effective and manage challenges produced by life and business.    The Power of Surge: Dr Michael Waters has written a very useful and helpful book. It would behove everyone to read it. The author lays out his case for the moral imperative of all the citizens of the world developing a "surge gear" in order to more effectively manage challenges produced by life and business.    The book carefully and clearly delineates the case for developing this "surge" mindset and provides useful and persuasive examples all the way through, so that by the end, the reader is completely sold on the idea.    The logic of this book is irrefutable. A must-read for everyone, whether business owner, emergency-services worker, actor or engineer, and the whole spectrum in between.    The first thing that may surprise you as you about this book, is that it was written before the world had heard of Covid-19, and it was published 3 days after the UK went into lockdown. The reason it may surprise you is because the book is essentially a handbook for how the Covid-19 crisis should be handled by governments, companies and individuals.    Every chapter gives insight into preventing, containing, suppressing and mitigating both huge surge events, such as pandemics, to smaller events, such as upheavals in business and personal lives.    With plenty of real-world examples, it's readable and relevant. And perhaps it will herald the start of a movement so that when the next big surge event happens worldwide, we are more confident and more ready to deal with it.      Dr Michael Waters is a consultant, trainer, coach, author, conference speaker and, above all, an original thinker who has pioneered wholly new inter-disciplinary areas of study and practice. Surge Studies is the latest and potentially most important of these. This book has emerged from his experience of many different sectors including education, local government, business, project management, the emergency services, disaster relief, house building and retail. Michael is also known as the "Decision Doctor" (a name bestowed on him by a national newspaper). He lives with his Italian wife, Daniela, in Kent.   Subscribe https://podcasts.apple.com/gb/podcast/the-make-money-podcast/id1515388086 | https://podcasts.google.com/?feed=aHR0cHM6Ly90aGVtYWtlbW9uZXlwb2RjYXN0LmxpYnN5bi5jb20vcnNz | https://open.spotify.com/show/3OCYbbIRZIBIxSEVaPWPa5 | https://www.stitcher.com/s?fid=538106&refid=stpr | iHeart   A Podcast Company -  is the leading podcast production company for brands, organizations, institutions, individuals, and entrepreneurs. Our team sets you up with the right equipment, training, and guidance to ensure you sound amazing. - https://www.apodcastcompany.com/  and  http://www.podcastsyndicator.com/

Title: The Six Steps To Creating a Legal Pyramid Scheme AKA MLM    1. Find a Product  2. Make a payout structure  3. Sell a Financial Fantasy  4. The Three Key Groups  5. The Training, Attempt, Failure, Event Loop  6. Cut Off The Bad Apples    What are the "odds":    Multilevel marketing companies, or MLMs, are a well-known business model in the United States. Leaders at these companies tout big benefits like high incomes, part-time hours, and overall life improvement from participating in their direct sales downlines. There’s a reason these companies are looked at with skepticism, however. Many people known MLM companies by different names. One of those is pyramid marketing, which conjures images of pyramid schemes. When you look at the hard numbers, you’ll know if you should say yes or run for the hills when your old high school acquaintance asks you to join their “business” on Facebook.    99% of MLM participants lose money  According to research at the FTC, a whopping 99% of recruited sellers lose money in an MLM venture. That means just 1% actually turn a profit. That is generally just those at the very top of a recruitment structure. Because recruiters earn from their own sales and the sales of everyone they recruit, and their recruits, and so one, those at the top can earn a profit. But with 99% of people losing money, it’s hard to see why anyone would join this type of company.    It’s hard to succeed in any business, but the success rate is well over the 1% you see in MLMs. The same FTC report explains that 39% of legitimate small businesses ultimately earn a profit over time. That’s still less than a 50/50 success rate, but about 39x better than an MLM.    Before starting in any business, regardless of the product or service, do your research and find hard numbers on your odds for success. There is risk in starting any business venture. As long as you understand and can afford those risks, that’s okay. However, you should never start a business where the odds of success are better at a Vegas slot machine.    95% quit within ten years  What happens in a business model where everyone loses money? Everyone quits. Well, not quite everyone. But close to it. The same FTC report from Jon Taylor explains that 95% of MLM participants quit within ten years. Around 30% of all small businesses survive at least ten years, according to Bureau of Labor Statistics data. That means the typical small business has 6x the longevity, when measured by who’s around after 10 years, of MLMs.    While it makes sense that people would get want to move on from some businesses after a period of time, the rate at which people flee MLMs are a testament to the 1% profitability rate above. According to another study, at least half of participants quit within one year.    All businesses take a lot of work and there is no quick and easy path to success. If there were, everyone would be doing it!    The top 1% at Amway lose nearly $1,000 per year  While this study is a bit dated, the result is shocking. In 1980, the top 1% of distributors in Amway in Wisconsin brought in a gross profit of $12,500. However, after taking out operating expenses these 200 distributors lost an average of $900 per year.    In the United States, the top 1% earn $718,766 per year. You’ll need to near $118,400 per year to reach the top 10%. The top 1% in Wisconsin MLMs would be in poverty.    Be careful when starting any new venture  MLMs are a tempting model because the startup cost is so low compared to many legitimate businesses. However, when you consider that 99% lose money, they are not actually making an investment in a business. They are simply becoming new customers.    Now that you know the truth out MLM models, you know to say NO when someone pitches you. There are many great models that are not predatory if you want to join onto an existing business. Affiliate sales and franchising, for example, are models that allow you to build a business with more realistic opportunities for success.    But don’t drink the Kool-Aid. When 99% fail, there’s no reason to waste your time or money on MLMs.    350 MLMs were analyzed by Jon Taylor as part of a report for the federal trade commission. It's a great read:  https://www.ftc.gov/sites/default/fil ...    I'm looking at you:  5Linx  ACN  AdvoCare  Ambit Energy  Amsoil  Amway[13]  Amway Global, previously known as Quixtar  Arbonne International  Avon Products  Beachbody[14]  Beautycounter  BioPerformance  Discovery Toys[13]  doTerra[15]  Forever Living Products  FreeLife  Fuel Freedom International  Herbalife  Isagenix International  Juice Plus  Kleeneze  LegalShield, previously known as Pre-Paid Legal Services  LifeVantage  The Longaberger Company  LuLaRoe  Lyoness  Mannatech  Market America  Mary Kay  Medifast  Melaleuca  Morinda Bioactives  National Safety Associates  Nature's Sunshine Products  Neal's Yard Remedies Organic  Neways  Nu Skin Enterprises  NXIVM  Omnilife  Oriflame  The Pampered Chef  Primerica  Qnet, previously known as QuestNet, GoldQuest, and QI Limited  Rodan + Fields  Shaklee  SeneGence  Stream Energy  Success University  Sunrider  Tastefully Simple  Telecom Plus  USANA Health Sciences  Vector Marketing  Vemma  ViSalus  Wakaya Perfection  Watkins Incorporated  World Financial Group  XanGo  Young Living  YTB International   Subscribe https://podcasts.apple.com/gb/podcast/the-make-money-podcast/id1515388086 | https://podcasts.google.com/?feed=aHR0cHM6Ly90aGVtYWtlbW9uZXlwb2RjYXN0LmxpYnN5bi5jb20vcnNz | https://open.spotify.com/show/3OCYbbIRZIBIxSEVaPWPa5 | https://www.stitcher.com/s?fid=538106&refid=stpr | iHeart   A Podcast Company -  is the leading podcast production company for brands, organizations, institutions, individuals, and entrepreneurs. Our team sets you up with the right equipment, training, and guidance to ensure you sound amazing. - https://www.apodcastcompany.com/  and  http://www.podcastsyndicator.com/