As an add on to the last post here are even more ChatGPT functions and ways to maximize the AI software: https://www.aleydasolis.com/en/search-engine-optimization/chatgpt-for-seo/
As an add on to the last post here are even more ChatGPT functions and ways to maximize the AI software: https://www.aleydasolis.com/en/search-engine-optimization/chatgpt-for-seo/
So you want to scale your company to $100 million dollars in annual recurring revenue? Well Bessemer Venture Partners lays out a great playbook although it's from 2021 and the 2023 metrics that the current capital markets are asking for are a small or giant leap depending on where you are in the growth stage of your cloud or saas company. Some of the great things the playbook describes is:
"Enterprise segments tend to have long lifetimes and therefore high CLTVs and SMB short lifetimes and therefore lower CLTVs, thereby supporting significantly different customer acquisition cost structures."
The other great metric that is often overlooked and not talked about because a focus on growth at all costs and a ton of cash being thrown at getting there no matter the method as long as growth of ARR is achieved is Cash Conversion Score. If you can build a company with a great CCS then thats a company that I would want to invest in. Below is BVP breakdown of cash conversion score:
"The Cash Conversion Score (CCS) is another metric that we often use to evaluate whether or not the capital that cloud companies raise and consume is generating a meaningful return. As the ratio of the ARR to total capital invested into a company minus cash, the Cash Conversion Score is effectively the return-on-investment of each dollar ever invested into a company. For both founders and investors, the Cash Conversion Score is, therefore, a powerful proxy for returns. If a company has a CCS of 1.0x, one dollar of investment into the business yields one dollar of topline recurring revenue. If we assume that the average cloud company gets a 10x revenue multiple (more in-line with historical norms vs. the 23x revenue multiple of ^EMCLOUD today), the one dollar of revenue multiplied by the 10x multiple equals $10 of enterprise value. Every dollar put into the company is getting a 10x return. Similarly, a company with a 0.1x CCS would only return the capital invested. ROI is not driven by Cash Conversion Score directly, but CCS indicates multi-year trends in a couple of incredibly important things, including product-market fit and a scalable sales and marketing organization. It is therefore a core KPI we track in evaluating cloud businesses.
The average Cash Conversion Score for cloud companies tends to increase as it matures, from an average of almost 0.5x from $1-10MM of ARR to almost 1x at $100MM+. For cloud companies, revenue generation tends to lag spending and only the strongest companies will scale to the $100MM+ mark where they are seeing the most leverage from their operating model.
One of the strongest companies on this metric—from the start—has been our portfolio company Zapier, which has raised only $1.3MM in its lifetime and announced in March 2021 that it exceeded $140MM of ARR. While we don’t hold every company to this CCS efficiency, we look for companies with best-in-class CCS of 1x+.
For the full playbook and help scaling your startup to over 100 million in 2023 visit: https://www.bvp.com/atlas/scaling-to-100-million
To increase productivity in an organization will allow you to go from 50 clients to 5,000. It will allow your teams to free up time and work on doing things that are well productive. Below are 4 ways to increase productivity:
1. Reduce duplication of effort
2. Increase our skill levels (More education, Implementing Software or Operating Systems)
3. Greater access to information. Get it faster
4. Implement a new methodology. If nothing changes then nothing changes.
How can you increase your companies productivity and get ahead of the competition not behind it?
My good pal and self storage guru Ryan Blank deserves accolades for all of the great storage unit deals he's lined up for me over the last few years. Including one in an opportunity zone in Hyattsville, Maryland in Prince Georges County MD. not too far from Owings Mills and Pikesville where we grew up in Baltimore county. The project's pre-construction process was started last year when we closed on the development of the project and financed the balance using Peoples Bank.
The mall at Princes George's has a Macys, Target, Old Navy, DSW, H&M, TJ Maxx, Express, Ulta, Ross, Marshalls, and soon a self storage facility for our fellow PG County residents.
Ryan Blank has spent the last few years in business development and investor relations for the Poverni Sheikh Group based out of Baltimore. In a fairly short period of time, he has had a very specific focus on self-storage facilities and has helped build up a nice portfolio including this project I invested in located outside of Washington, D.C.
Fortunately from the very beginning, he has found a ton of great opportunities and so far they have all been big successes, as he is building an impressive portfolio up and down the mid-atlantic region from New Jersey, Pennsylvania, and Maryland.
The journey to getting where he is today took knowledge, work ethic, and dedication to becoming an expert in self-storage facilities and reminds me of the book Relentless where those who strive to be a king of their industry have to put in the grit and hard work to be successful. As he continues to grow, Blank and the Poverni Sheikh Group have continued to grow and expand.
Taking the Next Step with the Poverni Sheikh Group
Getting to the Poverni Sheikh Group took a little bit of time for Ryan Blank. He worked in finance, real estate investing, and other sectors of the business world before getting into business development and investor relations with the Baltimore based firm. When the opportunity opened up, he felt like it was a perfect opportunity to make the most out of a situation utilizing his skills to help others prosper and join in as LP's to build storage units.
If there is one aspect Blank fell in love with early on, it was fundraising. Getting the opportunity to work directly with investors can seem intimidating to some, but Blank relied heavily on his confidence that any project he presented could take off (and so far that has been the case). Proper funding is necessary to make dreams into reality, and Blank’s mastered that at this point and investors like myself have been very happy with the results.
Growing with Each Project
To keep investors interested and to please the Poverni Sheikh Group as a whole, Ryan Blank is learning to grow with each project. A relatively new completed one in Woodbridge, New Jersey ended up being a perfect example of being patient and finding the right investment opportunity for the company.
Here are some really great stories handpicked from the New York Times editors looking back on 2022. This is copied and pasted from the morning newsletter.
Whales rarely sing more loudly than war.
In the fight for finite reader attention, big stories win: Russia’s invasion of Ukraine, Queen Elizabeth II’s death and rare protests in China. But this news, while important, can overshadow good stories — about whales passing their songs to each other across oceans, lyric poetry at M.M.A. fights or the fading art of embalming.
So like we have in years past, the Morning team asked editors around the Times newsroom for the articles, podcasts and videos that didn’t get the attention they deserved this year. These are their selections.
Enjoy these 25 stories:
Go into a sales meeting and find that client's pain point as quickly as possible. Once you've found that prospect's deepest need it is important to show how you would be able to fulfill and fix those pain points. This is what top sales people and hustlers work towards.
The second part is ensuring that you are able to execute on the delivery part of the process and satisfy the clients needs. Merely convincing people you can help them isn't going to cut it long term. Of course you could one or two times or a bit more but its not a sustainable model. If it's a physical product you are selling you certainly do not want the headache of constant complaints, returns, canceled sales, and all of the other headaches that come with selling a sub-par or not as advertised product. Now with the increased chance of a recession those things will just grow. It's bad enough without financial meltdowns and it will only grow if you don't fix your product or service during a recession. Purchase and provide the best possible solutions.
The great fall from grace FTX and Alameda Founder Sam Bankman-Fried was indicted today by the Southern District of New York (SDNY). Below is the document that can be a bit hard to find online as most news outlets and places have coverage of the arrest in the Bahamas but do not share the full "sealed" 14 page document for the United States of America vs. Sam Bankman Fried aka SBF
You can download the full copy here:
An HTML version of the text is below:
F theUN工TED STATES D工STRICT COURT SOUTHERN DISTRICT OF NEW YORK
UNITED STATES OF AMER工CA
- V. -
汇｝缰1胄 6 7 3
(Conspiracy七o Commi七 Wire Fraud on Cus七omers)
The.Grand Jury Charges:
conspire, confedera七e, and_agree 七oge七her a·n-·气，d w一让一
h each o七her 七o
commi七 wire fraud, in violation of Ti七le 18, Uni七ed S七a七es Code, Sec七ion 1343.
and些reign commerce,_ wri七ings, signs_, si_gnals, pictures, and s9unds for七he_ purl?ose of execu七ing such scheme and artifice, in violation of Ti七le 18, Uni七ed S七a七es Code, Sec七ion 1343,七o wi七， BANK阳证FRIED agreed with o七hers七o defraud cus七orners of FTX.com by misappropria七ing七hose cus七orners'deposi七s and using丘ose
deposi七S 七o· pay expenses and deb七s of Alameda esearch, BAN阳屯怼 FRIED'-s proprietary cryp七o hedge fund, and七o make inves七men七s.
(Title 18, Uni七ed S七a七es Code, Section 1349.)
(Wire Fraud on Cus七omers) The Grand Jury further charges:
or abou七November 2022, in the Sou七hern Dis七ric七of New York and elsewhere, SAMUEL BANKMAN-FR工ED, a/k/a "SBF,"七he defendan七， knowingly having devised and in七ending七o devise a scheme and ar七ifice-七o defraud, and for ob七aining money- and proper七y by means of false an_dfraudulen七pre七enses, represe 七a七ions and promises, 七ransmi七七ed and caused 七o be 七ransmi七七ed by means of wire, radio, and七elevision communica已on in in七ers七ate and foreign commerce, writings, signs, signals, pic七ures, and sounds for七he purpose of execu七ing such scheme and ar七ifice,七o wi七，BANKMAN-FR工ED, along
w让：h o七hers, engaged in a scheme to defraud cus七omers of FTX.com
by misappropria七ing those cus七omers'deposi七s, and using七hose
depos斗七旦七o pay expen 竺� and deb七s of_ Alameda Research, BANKMAN FRIED's proprie七ary cryp七o hedge fund, and七o make inves七rnen七s.
(Ti七le 18, Uni七ed S七a七es Code, Sec七ions 1343 and 2.)
(Conspiracy七o Cammi七Wire Fraud on Lenders) The Grand Jury fur七her charges:
and o七hers known and unknown, willfully andknowingly did combine, conspire, confed甲ra七e, and agree七ogether and w江h each o七her七o
commi七wire fraud, in viola七ion of Ti七le 18, Uni七ed S七a七es Code, Sec七ions 1343.
Research,_ BANKMAN:-FRIED's proprie七ary cryp七o hedge fund, by providing false and misleading informa七ion七o七hose lenders regarding Alameda Research's financial condi七ion.
(Title 18, Uni七eds七a七es Code, Section 1349.)
(Wire Fraud on Lenders) The Grand Jury fur七her charges:
regarding Alameda Research's financial condition.
(Ti七le 18, Uni七ed S七a七es Code, Sec七ions 1343 and 2.)
-(Conspiracy 七o Co玉血ic Commodities Fraua)
The Grana Jury fur七her charges:
心ers known and unknown, willfully and knowingly did combine,
conspire, confedera七e, and agree toge七her and wi七h each o七her七o commi七an offense agains七the Uni七ed S七a七es,七o wit, commodi七ies
fraud, in viola七ion of T 七le 7, Uni七eds七a七es Code, Sec七ions 9(1) and 13(a) (5), and T江le 17, Code of F鱼deral Regula已ons, Sec巨on 180.1.
BANKMAN-FRIED, a/k/a "SBF,"七he defendan七，and o七hers known and unknown, willfully an knowingly, would and did, directly and indirec七 us mploy, and_ a七七emp七七o use and emplo - connec旦on w让h a swap, a contract of sale of a commodi七yin in七ersta七e commerce, and for fu七ure delivery on and subjec七七o七he rules of a registered en七让y, a manipula七ive and decep七ive device and con七rivance, in con七raven七ion of Ti七le 17, Code of Federal Regulations, Sec七ion 18 o.1, by: (a) using and employing, and a七七emp七ing 七o use and employ, a manipula七ive device, scheme, and ar豆fice 七o defraud; (b) making, and a七七emp七ing to make, an un七rue and misleading s七a七emen七of a material fac七and omi七七ing 七0 S七a七e
a ma七erial fac七necessary in order to make七hes七atemen七s made no七 untrue and misleading; and (c) engaging, and at七emp七ing七o engage in an act, prac七ice, and course of business, which opera七ed and would opera七e as a frau and decei七upon a person, in viola豆on of Ti七le 7, Uni七ed S七a七es Code, Sec巨ons 9 (1) and 13 (a) (5),七o wi七， BANKMAN平R工ED agreed wi七h o七hers七o defraud cus七omers of FTX.com七rading or -in七ending to trade swaps by misappr':p豆a七ing七hose
customers'depos江sand using七hose deposi七S七o pay expenses and deb七s of Alameda Research_, BANKMAN-FR工ED's proprietary cry产o hedge fund, and七o make inves七men七s.
illegal objec七七hereof,七he following over七ac七，among others, was
commi七七e_d in 七he Southern Dis七ric七of New York and elsewhere: in
or abou七June 2022, SAMUEL BANKMAN-FRIED, a/k/a "SBF,"七he
defendan七·，a-nd -0七-her-s m-lsa-pp王-2p-ria七-ed FTX. com cus七omer depos1ts in o;der七o, a;ong o七her七hings, sa芦百fy loan obligati;ns owed by
(Ti七le 18, Uni七ed S七a七es Code, Sec七ion 3 71.)
(Conspiracy七o Commi七Securi七ies Fraud) The Grand Jury fur七her charges:
in or abou七November 2022, in七he Sou七hern Dis七rict of New York, and elsewhere, SAMUEL BANKMAN-FR工ED, a/k/a "SBF,"七he defendan巳
and others known and unknown, willfully andknowingly did combine,
- - -
conspire, confedera七e, and agree七oge七her and w迂h each other七o comrni七an offense agains七七he Uni七ed S七a七es,七o wi七，securi七ies fraud in viola七ion of Ti七le 15, Uni七ed S七a七es Code, Sec七ions 78j (b) and 78ff, and· Ti七le 17,. Code of Federal Regula豆ons, Sec七ion
S七a七emen七of ma七erial fac七and omi七七ing 七0 S七a七e a ma七erial fac七 necessary in order七o make七he s七a七ernen七s made, in七he ligh七of七he circums七ances under which七hey were made, no七rni.sleading; and
(c) engaging in an ac七，prac七ice, and course of business which opera七ed and would opera七e as a fraud and.decei七upon a person, in viola七ion of Ti七le 15, Uni七ed S七a七es Code, Sec七ions 78j (b) and 78ff,七o wi七，BANKMAN-FR工ED agreed wi七h o七hers七o engage in a
scheme-to defraud inves七ors in FTX. com by providing false and mislead ng informa七ion to those inves七ors regarding FTX. com's financial condi七ion.
(Ti七le 18, Uni七ed S七a七es Code, Sec七ion 371.)
(Conspiracy七o Commi七Money Laundering} The Grand Jury fur七her charges:
or abou七November 2022, in七he Sou七he工n Dis七ri_c七of New York, and
elsewhere, ·SAMUEL BANKMAN-FR工ED, a/k/a "SBF,"七he defendan七，and 0七hers known and unknown, in七en七ionally and knowingl_y did combine, conspire, confedera七e, and agree七oge七her and wi七h each o七her七o viola七e Ti七le 18, Uni七ed S七a七es Code, Sec七ions 1956 (a) (1) (B) (i)
commerce, knowing七ha七七he proper七y involved in a financial七ransac七ion,七o wi七，one or more mone七ary七ransfers, represen七ed七he proceeds of some form of unlawful ac七iv让y, would and did conduc七and a七七emp七七o conduc七such a financial七ransac七ion, which in fac七involved七he proceeds of specified unlawful ac七ivity,七o
wi七，七he wire fraud· alleged in Count Two of this Indic七men七， knowing七ha七七he七ransac七ion was designedfn w ole and in par七七o
conceal and disguise七he na七ure,七he loca旦on,七he source,七he ownership, and the con七;ol of七he proceeds of specified unlawful ac七ivi七y, in viola七ion of Ti七le 18, Uni七ed S七a七es Code, Sec七ion 1956 (a) (1) (B) (i).
七ha七SAMUEL-BANKMAl炉FRIED, a/k/a "SBF,"七he defendan七，and o七hers known and unknown, wi七hin七he Uni七ed S七a七es, would and did
knowingly�虚莘e and旦七七竺巴pt 七o eng旦ge in a mone七ary＿一七ransac己on
in criminally derived property of a value grea七er七han $10,000 and七ha七was derived from specified.unlawful ac七iv迂y,七0 W江，七he wire fraud alleged in Coun七Two of七his工ndic七ment, in viola七ion of ·Ti七le 18, Uni七ed S七a七es Code, Section 1957(a).
(Ti七le 18, Uni七ed S七a七es Code, Sec七ion 1956 (h).)
(Consp正ac 七o Defraud 七he Uni七ed S七a七es 云五d- Violate 七he Campaign Finance Laws)
The Grand Jury fur七her Charges:
confedera七e, and agree七oge七her and w迂h each o七her七o comrni七 offenses against七he. United S七a七es by engaging in viola巨ons of federal law involving七he making, receiving, andrepor七ing of a con七ribu七ion, donation, or expendi七ure, in viola七ion of Ti七le 52,
_U_n_i_t d _SJ;召旦七es Code, 30109 (d) (1) (A) & (D) .
decei七ful and dishones七means,七o wi七，七he Federal Elec七ion Commission's function七o adminis七er federal law concerning source and_amoun七res七ric七ions in federal elec七ions, including七he prohib江ions applicable to cor:12.ora七e con七ribu七ions and condui七
con七ribu七ions, in viola七ion of Ti七le 18, Uni七ed S七a七es Code, Sec七ion 371.
0七her persons, aggrega七ing七o $25,000 and more in a calendar year, in viola七ion of Ti七le 52, United s七ates Code, Sec七ions 30122 and 30109 (d) (1) (A) & (D).
fundrai sing�i七七�� _1::>y_• a corpora旦on, aggrega七ing 七o $25,000
and more in a calendar year, in viola七ion of Ti七le- 52, Uni七ed S七a七es Code, Sec七ions 30118 and 30109 (d) (1) (A).
con七ribu七ions 七o candida七es and commi七七ees in 七he Sou七hern Dis七ric七of New York飞hat were.repor七ed土n七he name of ano七her
(Ti七le 18, Uni七eds七a七es.Code, Sec七ion 371.) FORFEITURE ALLEGATIONS
Sta七es, pursuan七 七o
Uni七ed S七a七es Code,
足ec七ion 98:L(a)_(1._LJ_Q) and Title
28 United §_七a仁es Cod色
Sec七ion 2461(c), any and all proper七y, real and personal,七ha七 cons七itu七es or is derived from proceeds七raceable七o七he commission of said offenses, including bu七no七limi七ed七o a sum of_ mon至yin United S七a七es currency represen七ing七he amoun七of proceeds七raceable七o七he commission of said offenses.
real and personal, involved in said offense, or any property七raceable to such proper七y, including bu七not limi七ed七o a sum of money in United States currencyrepresen七ing the amoun七of proper七y involved in said offense.
(Ti七le 18, United S七a七es Code, Sec七ion 982;
Title 21, Uni七ed S七a七es Code, Section 853; and
Ti七le 28, united S七a七es Code, section 24·61.)
Uni七ed S七a七es A七七orney
Form No. USA-33s-274 (Ed. 9-25-58)
UN工TED STATES DISTR工CT COURT SOUTHERN D工STRICT OF NEW YORK
UNITED STATES OF AMER工CA
- V. -
(Ti七le 7, United S七a七es Code, sec七ions 9 (1) and 13 (a) (5); Title 17, Code of
Federa·1 Regula七ions, Sec七ion 180.1; Ti七le
15, Uni七ed S七a七es Code, Sec七ions 78j (b) and
78ff; T让le 17, Code of Federal Regula七ions, Sec七ion 240.lOb-5; Ti七le 18,
Uni七ed S七a七es Code, Sec七ions 371, 1343,
一1-34-9,- 195·6丁－and—士95-7--;-Ti七l-e-52-, Bni七ed一 S七a七es Code, sec七ions 30118, 30122 and
30109(d)(l)(A) & (D).)
Uni七ed S七a七es A七七orney
The NFT art world was all the rage in 2020, 2021, and part of 2022. As I publicly predicted in April of 2021 that the NFT craze would last into 2022 but expected it to fizzle out from it's peak. Sure enough my prediction rang true for the most part and I even helped invest into an NFT meets Metaverse game that is publicly launching now that we are seeing the market starting to rebound back after the FTX scandal and blowups.
So here are some interesting stats that appeared in one of my newsletters that popped up today:
Bored Ape Yacht Club surged to $346.1 million dollars just under a year ago in January of this year. Since then the sales fallen off a proverbial cliff with sales volume under $32 million dollars in September & October but now we are seeing a small rebound in November with that number doubling to almost $64 million in November of 2022. So at one point it was down around 90%. We also are now contending with lawsuits from plaintiffs who bought crypto coins only because celebrities backed and promoted them. This will greatly affect future celebrity endorsements and the legal jargon that will go with these future promotions. So thats why you may hear about Madonna, Steph Curry, Tom Brady, and other well known celebrities getting sued for something they promoted that may have been legitimate at the time but well... Thats how business goes with fads and trends. If the people made money were they going to donate more money to the celebrities that promoted these coins?
Other big NFT Drops are for NBA Top Shot, which is created by the Crypto Kitties family over at Dapper Labs in British Columbia. They used licensing agreements with the NBA to sell sports trading card clips and highlights from the NBA. This was a common sense NFT that made more sense than the majority of GIFs going around. Dapper saw sales volume top $200 million 21 and 22 months ago. Last month however it fell to $2.1 million. Seems to be in line with the 90% range of volume dropping or 10% of the peak numbers. Topps MLB NFT collection had $8.5 million in sales volume 19 months ago but by JJune 2021 they couldnt break $1 million in sales trading volume. NFL has also had a similar issue with numbers peaking in September of this year at $14.3 million.
So overall the peak NFT volumes has dried up but the lovers and users and innovators will stick around and create value that at some point we will have increased values but may never ever see the trading volumes that we saw over the past 24 months. So follow the trend but dont get stuck in it.
For a brief bit of nostalgia read this 2017 detailed writeup about TRL and how it was being revived (it didnt last): https://www.theringer.com/music/2017/10/2/16394708/trl-behind-the-scenes
Reading through the New York Times discussing how Insurance carriers and claims are at an all time high in the 2010's. The biggest threat isn't neccessarily that we have more storms. To the contrary this year as we had the slowest August Hurricane season of all time this past 2022 summer. There was one big storm in Hurricane Ian that did the majority of the billions of dollars in damage this year and thats when the journalist claims that it's that we've had more growth in coastal areas with additional homes, cars, and businesses all being built up around the coast.
So knowing that an insurance company may be aggressive in trying get as much business as possible and collect premiums each month. So what if a catastrophic storm hits and the claims are so big that it wipes out an insurance company. Could this happen? Well yes it absolutely could and has and thats when either a re-insurance company or the federal government has to step in and backstop to ensure there's not a total loss for the population...
Thinking about the FTX and SBF liquidity crisis that caused it's insolvency is similar to a bank run but also similar to an insurance company taking it on the chin after a big hurricane and not being able to pay out. The difference is insurance companies are highly regulated and deal with customers who reside in the USA mostly. So are there similarities to an insurance carrier reinvesting funds and having trouble paying out after a devastating hurricane and the FTX blowup loaning money to Alameda without their clients consent?
I subscribe to a 1980's and 1990's retro newsletter and he brought up the throwback My Buddy and Me. I remember getting this as a holiday gift 33 years ago next month. Seems that the marketing idea behind it was to have a catchy kids jingle and well it worked to attract young boys like myself at the time. Good design, catchy tunes, and marketing was an 80's marketing ploy for success.
For the commercial I used to watch back in Owings Mills, Maryland see below:
Google ads and Google as a company is finally getting serious about privacy. They've been tightening up and making changes to Analytics and working on a cookie free future and this past week they just released this announcement: "New data protection laws, which apply to the collection and processing of personal information, will be coming into effect in California, Colorado, Connecticut, Virginia, and Utah in 2023." While we're at it and dealing with privacy issues Google settled with 40 out of 50 states here over tracking issues and is paying a few hundred million in fines. Read about the not so not evil company practices here: https://arstechnica.com/gadget
CBS News got off of Twitter for what they said was security purposes and then got back on a day later. It's been purported that their followers are fake or that they have extremely low engagement on Twitter and that may be to fraudulent followers or bots.
If you use Wix for SEO or have client sites that are created on Wix then this resource SEO guide released this week may also be helpful: https://www.wix.com/seo/learn/
Sucuri is a popular wordpress plugin and they have just uncovered a WIDESPREAD hack that appears to be designed to improve someone's SEO performance which is a tricky and clever hack to send malware using black hat hacking techniques. https://blog.sucuri.net/2022/1
Artificial Intelligence news for the week courtesy of The University of Cambridge states that "claims AI can boost wordplace diversity are 'spurious and dangerous'"https://www.cam.ac.uk/research
QUANTA MAGAZINE PROFILES A NEW "energy-efficient [AI] chip" that promises to revolutionize chip design and artificial inteligence research https://www.quantamagazine.org
Now companies are laying off en masse and doing a RIF which means a Reduction in Force or workforce for those who keep on hearing about these RIF's and had wondered what the acronym meant. These companies over-hired during the pandemic, expecting a much larger economic bounce back that was pent up with money flooded into the system and for the last year we've been bearing the outpouring of that money.
So what does the future hold? Whatever you make of it.
You may have received a bunch of spam lately from an email Trymogulpress.com from a fictictious name Susan Roberts. The owner of Mogul Press Nabeel Ahmad has hired really bad sales people in David Wilder or Mogul Press is just one giant scam like the other 50 emails a day we receive from link sellers and blog posters who want to sell us the same blog links.
After receiving this email below where Mogul Press is illegally scrapping Linkedin something that other scrappers just got sued for doing the same practice as you can read about here: https://news.linkedin.com/2022/february/taking-legal-action-to-protect-members-against-scraping
Susan's email said the following:
Just came across your profile on LinkedIn, and thought I would reach out to talk about some extremely unique opportunities for you and your business.
I represent a PR firm called Mogul Press. We work with top entrepreneurs to help them literally transform their personal brand and business, by offering many powerful services:
- Features on major publications (Forbes, Entrepreneur, etc)
- Interviews on huge TV shows and podcasts
- Social media verification (blue tick) and Wikipedia page creation
- Roadmap for awards (Forbes 30 Under 30, etc), and speaking engagements (TEDx)
We literally offer guaranteed placements in the shortest possible time frames, something no one else in this industry offers.
Press is a very powerful tool. It helps you build your personal brand, position yourself as an expert authority or thought leader in your industry, build brand credibility and social proof, use authority logos on your websites and marketing materials, improve your Google search presence, close more deals, and if leveraged strategically, it can 10x your business within days.
PR is a natural and necessary step for anyone looking to take their personal brand and business to the next level.
Would you be down for a call, so we can discuss this in detail, and see if we’re a good fit to work together?
Head of Marketing, Mogul Press
P.S: If you are not interested, or don't want me to email you again, please reply and let me know about that as well.
After scheduling a call and receiving numerous text messages but 0 responses to our questions about Mogul Press's service we got vague responses from a David Wilder who seems to have no idea what he's doing IMO based on his bizarre answers. In addition he provided an invalid link for the call and does not answer his phone at the time of appointment. He could not answer about placements outside of what the usual spam emails send out daily.
If you've been to India then you should know that the Indians and Pakistani's aren't the best of friends but yet his Crunchbase profile says that he is located in Lahore, Punjab, and Pakistan and runs a digital marketing agency called Vertabyte and a company called Skyray ventures. You must be weary and careful of these types of online scams and fake public relations agencies that sell the same junk blog posts.
If Nabeel Ahmad is real and can make up for the waste of time we suffered from David Wilder and Susan Roberts than I will be glad to delete this page.
Sometimes you hear a good quote and you want to jot it down so you don't forget it. Today's quote of the day for Tuesday November 15th, 2022 is:
"Life really teaches you how to live it if you can live it long enough"
Do you ever read a book and think wow I should be friends with this person? Thats how I felt in 2011 after reading The Fastlane book by MJ Demarco. Today the fastlane forum is still alive and well but the time to follow forums is so small these days but a quick newsletter read always provides great advice and tips. This week he covered loss aversion. Check out the bullet points below on how you can use loss aversion and fear appeals in your everyday business.
Fun art market statistic to mull over when thinking about it from an investment stand point:
The 100 most expensive pieces of art work re-sold at approximately $3 billion. While thats a gigantic number it equates to only .00025% of all the art market transactions between auctions, gallery sales, and art fair sales. That $3 billion number though is half of 1% .5% of the entire art market. The artists are also almost entirely dominated by USA, Europe, Russia, and China. Yayoi Kusama is one of the biggest outliers who helps to skew the market a little bit in terms of diversity.