Official Richart Ruddie Blog - Internet Entrepreneur

Transmira Has The Chance to become Oasis

From the book turned Steven Spielberg film Ready Player One Transmira a North Carolina based startup has the opportunity to become one of the biggest companies in the world if it can execute like it's recent investor Calvin Ayre did with Bodog in the early 2000's making online poker and casinos accessible to everyone. 

He was a Costa Rican legend and if it weren't for over-zealous regulations he would've become one of the richest people in the world. Transmira is now going to combine AR/VR/XR and Blockchain technology. 

Time will tell on this one: https://transmira.com 

844-491-9665 Google My Business Customer Support Line

Having an issue on Google with your local business listing? If so you can call their support line at 844-491-9665. If you're looking for a great book recommendation check out Zero to One by Peter Thiel.

Excited that the recent legislative bill passed will be bringing two new great museums to the USA. They are the National Museum of the American Latino and American Women's History Museum as part of the Smithsonian Institution! Can't wait to see it in person in Washington, D.C.

The ability to opt out of seeing Alcohol and Gambling ads on Youtube is soon to be a reality as per this recent announcement: https://blog.google/technology/ads/greater-controls-sensitive-ad-topics-your-ad-settings

Funding Direct Central Florida's Boutique Mortgage Company

Funding Direct is a mortgage company based out of Central Florida bout 3 hours away from me. They are very boutique compared to the rocket mortgages of the world. We found that a lot of lenders trying to get approved for a loan end up going with a big name or a major bank only to be completely deterred by the massive amount of paperwork and headaches that they have to go through despite being told that it's a seamless process.

From my experience working with Bank of the Internet out of San Diego (now called AXOS Bank) that some of the mid tier and creative lenders are the best to work with. I was told based on a Wall Street Journal article to check out BOFI. I had a contact over at BOFI that I reached out to from my days in the structured settlement industry as they were also active in the secondary structure settlement market. Their loan portfolio was under a bit of fire in the WSJ piece but overall I have nothing but 5 star reviews and great things to say about them as a lender compared to Dan Gilbert's Rocket Mortgage and Bank of America's mortgage lending division which is the closest thing to a modern scam that I can warn others not to waste your time with.

So what's the deal with Mortgage Funding Direct?

Started by Tawn Kelly they are a top originator in the country. She's got over 16 years working as a mortgage lender. She's got 4,7000+ mortgages that have been originated and also owns the company Mortgage Direct Ventures who partners with construction companies, contractors, realtors, and banking institutions to create mortgage companies. They have over 35 years of combined experience which in the mortgage industry and after surviving the Florida market crash in 2008-2009 that feels like a lifetime. 

Photo of Mortgage Funding Direct LLC's website that is due for an update in the Web 2.0 world...

Overall the client who was buying a home I helped finance to build worked with Mortgage Funding Direct LLC and sang praises. As I remember the nightmare of dealing with mortgage brokers both good and evil it's nice to hear a compliment as it can be a huge pain in the ass to deal with.

They are not related to the mailers I keep on receiving for merchant cash advances and direct funding loans to "help your business with the capital it needs."
 
The merchant cash advance business probably got burned pretty badly during the pandemic with so many restaurants and businesses being completely shut down and not re-opening. We have to wonder are the merchant cash advance loans that did not sour did they make up for the attrition?

 

People Like Deserts More on Round Plates vs Square Plates

Behavior Psychology plays such a huge part in our shopping habits. This wasn't as apparent until the books like Tipping Point and Freakonomics started to focus on our habits in the early 2000's. Now however after the Social Dilemma came out on Netflix we're starting to realize how social media plays a role in shaping confirmation bias, cognitive bias, and habits that we are not aware of. For example receiving a notification that Richart Ruddie has tagged you in a photo. You receive the email about the tag but not the actual photo so you have to click through to see the photos and post. Once there you are targeted to see other ads and posts to keep you engaged. While this is great for shareholders it was deemed evil by the team who did the movie The Social Dilemma (thats a hard work to spell by the way).

So what are some other examples that come to mind?

Desert. If you received a plate that is round than you are going to perceive the dish as better and sweeter than if it's on a square plate. Why is that? Well let's look at the coca-cola campaign to save the polar bears with white cans instead of blue. The crowd fought back and said this new coca-cola just isn't as good. The issue was that it was the same exact product but the color of the can made it taste worse.

Richart Ruddie Fort Lauderdale Guide for Food & Activities During COVID-19

Here are some suggestions for food & places to go when visiting the greater Fort Lauderdale area.

Food	Location	Website	Notes
Indian
Bombay Darbar	1521 E Las Olas Blvd, Fort Lauderdale, FL 33301	https://bombaydarbar.com/	Best Indian
Indian Harbor	1515 SE 17th St, Fort Lauderdale, FL 33316		2nd Best
Pizza
Primanti Brothers	901 North Fort Lauderdale Beach Blvd	https://primantibros.com/location/fort-lauderdale-beach	Open 24 hours
Luigis Coal Fired	1415 E Las Olas Blvd, Fort Lauderdale, FL 33301	https://luigiscoalovenpizza.com/	Coal Fired Pizza
Greek
Greek Isles Taverna	3300 N Ocean Blvd, Fort Lauderdale, FL 33308	greekislandstaverna.com	Authentic small and good for to-go
Vegetarian/Healthy
Myapappaya	1040 Bayview Fort Lauderdale, FL 33304
Green Bar & Kitchen	1075 SE 17th Fort Lauderdale, FL 33316
Spa Juice Bar	1217 E Las Olas Blvd, Fort Lauderdale, FL 33301	http://spajuicebar.com
Stone Crab Claws
Catfish Deweys			In Fort Lauderdale
Billys Stone Crabs			In Hollywood
Steak
Steak 954
Sushi
Phat Boy Sushi
Asia Bay
Thai
Larb	6234 N. Federal Highway
Markets
Living Green Market	1305 E Commercial Blvd,Oakland Park, FL 33334	http://livinggreenfreshmarket.com	Small Grocery Store and Juice Bar
Vegan Fine Foods	330 SW 2nd St #102, Fort Lauderdale, FL 33312	https://www.veganfinefoods.com/	Small Grocery Store and vegan menu
Yellow Green Market	3080 Sheridan StreetHollywood, FL 33021	http://www.ygfarmersmarket.com/	Currently closed due to covid-19
Family Friendly Events & Activities
Santa's Enchanted Forest	7900 SW 40th St, Miami, FL 33155	https://www.santasenchantedforest.com/	Canceled for 2020
Childrens Musuem of Science & Discovery	401 SW 2nd St, Fort Lauderdale, FL 33312	http://mods.org/	Only opened weekends right now
Drive in Movie Theater	3291 W Sunrise Blvd, Fort Lauderdale, FL 33311	https://www.floridaswapshop.com/	Open everyday
Jungle Island	1111 Parrot Jungle Trail, Miami, FL 33132		Parrots & Animals mostly outside I believe

Richart Ruddie Quote of the Day

Was reading an article about habits, traits, and boring ways to be more creative. This was a quote mentioned from Albert Einstein:

“It’s not that I’m so smart, I just sit with the problems longer.”

Forest Tucker & Jewell Centers Met in Fort Lauderdale

Some fun Fort Lauderdale trivia. The famous bank robber and career criminal Forest Tucker who was born in Miami met his 3rd and final wife Jewell Centers in the 1980's thought to be around 1981 at a private club here in Fort Lauderdale, Florida. They married a year later in 1982 and never had any children together.  In the movie The Old Man and the Gun starring Robert Redford he is portrayed meeting her on the side of the road helping her fix her car to through off on coming police officers pursuing him.

Jewell was an heiress to a local moving company called Acme Moving and Storage which by the looks of it is no longer in business...queue **GREEK for moving. Jewell was previously married before she became a widow and met Forest Tucker. It is said that she looked like Marilyn Monroe.

So fun fact about Fort Lauderdale and whichever private club it was that they met at. If you know which club it was please do message me.

 

Heyday.co Will be the next generation type of comapny

Recently coming out of stealth mode Heyday.co is a company that is buying fulfillment by Amazon and consulting for Amazon based store fronts. This is the future of marketing and consulting services on e-commerece. My prediction (please note that humans are horrible about predicting the future) is that there will be a influx of companies promoting and selling services strictly for Amazon Optimization versus the current trend of SEO's from around the world selling their services.
Heyday.co is going to lead the way and with a new funding round you will hear about more services like this.

SellBrite e-Commerce organizer

Sellbrite.com is a software that Godaddy just purchased for an undisclosed sum but is a software that I think will become ubiquitous in the e-commerce space similar to how Hootsuite became ubiquitous in the social media space. Essentially its a central dashboard with feeds through API's of Etsy, eBay, Amazon, Wal-Mart, Sears, Woo Commerce, and shopify to track, edit, and manage your online listings.

Famous South Floridians

There's a few famous South Floridians that stand out for either their impact on the state or for just being well known residents of Palm Beach, Broward, or Dade County. Here are some notable ones that come to mind when I explain to newcomers to the Sunshine State who these people are or why streets are named as they are.

Jim Moran - You see JM Lexus and the big JM building off of Hillsboro Boulevard in Deerfield Beach. Jim brought Toyota to the Southeast and really helped Toyota expand their footprint in North America at a time when others doubted their cars he thrived and built a legacy for himself.

Wayne Huzienga - I didn't spell check that but hope I got it right. The most famous Fort Lauderdale resident brought the Florida Marlins to Miami and brought the Florida Panthers to Sunrise Florida. He at one time (when he was still alive he passed away a couple of years ago) owned Blockbuster video before spinning it off, Waste Management, and Auto Nation which is still headquartered in downtown Fort Lauderdale today.

Jorge Perez - The majority of those beautiful condo buildings you see in South Beach, Edgewater, and Miami are as a result of this Cuban art collector and developer who has transformed the Miami skyline over the years.

Dan Marino - Former quarterback for the Miami Dolphins used to be a big spokesperson for all things South Florida and was a main character in Ace Ventura Pet Detective which was filmed in South Florida.

Burt Reynolds - Jupiter's famous resident even has a park named after him. Jupiters second most famous resident either goes to Tiger Woods or Michael Jordan but I don't consider them Floridians but rather just celebrities who have homes down here. For that matter you could also add Donald Trump via Palm Beach's most famous resident along with Howard Stern.

Gloria Estefan - As you always hear about Miami's most famous resident besides Versacce.

Don Shula - Coach of the perfect season Miami Dolphins used to have a bunch of restaurants down here but they are vanishing along with the recognition of Shula it seems like.

Henry Flagler - Everything seems to be named after Flagler who built the railroad to South Florida.

Mary Brickell - A generous philanthropist who was the founder of Miami.

Richart Ruddie on Building a Billion Dollar Software Business During a Pandemic

Richart Ruddie on Building a Billion Dollar Software Business During a Pandemic

What role is technology playing in improving business scores when viewed from above? China has been developing and working on a social credit monitoring system that is something that could be seen in Western Culture as invasive but during a pandemic is seen as a safety measure akin to contact tracing software.

Modern Software is opening up so many doors and possibilities. The most exciting news recently has been the Neuralink from business Magnate (not magnet) Elon Musk which will help solve numerous mental and health issues through a chip installed in peoples brains. Musk said at the public’s unveiling that they expect to have hundreds of thousands installed eventually and for it to be scalable.

A modern technology not as lifesaving as Neuralink but one that entrepreneurs like Richart Ruddie predict that businesses and individuals will stake their future on is the Social Credit Scoring system. Ruddie foresees significant decisions being made over social credit scores one day similar to how you choose to eat at a restaurant if it has a high Yelp score or choose not to stay at a hotel because the reviews are bad. The same will be the case for doing business with somebody in China because their “credit rating” is great vs. passing on those who have bad credit scores.

This technology is becoming widely popular as people want to be able to know who it’s safe to do business with and who is not. In the modern world, creating a billion-dollar business is possible more so now than any other time in history thanks to the connected world that we live in. Staying vigilant and taking advantage of modern technology has helped companies sprout into unicorns at a faster pace than any other time in history.

Seeing a lot of opportunity pre-pandemic Ruddie went over to China and was working with a team over there to register as a Chinese company and to help develop software to track, monitor, and improve scores. This is something similar to his work as a leading public relations and reputation repair expert who has served over 10,000 clients. China is different though he said. The opportunity here is beyond anything in America simply due to the fact that the total addressable market size is greater than the entire USA population. 

As even Mark Cuban has said there is a little bit of luck in becoming a billionaire but If he had to start all over again he is positive that he would end up a multi-millionaire but not so sure he would join the 3 comma club once again.

Creating useful technology that is revolutionary has both pros and cons. All you have to do is ask Mark Zuckerberg’s critics about it.  There are more cybercrimes in the modern world and COVID-19 has exacerbated that trend with the work from home policies, but technology also provides an opportunity to solve these crimes and connect us at a time that we have all felt so disconnected from each other. Credit monitoring software allows people to identify fraud and solve it before it causes damage to businesses globally and Ruddie has developed another piece of software to help alert users when their information has been breached or stolen and is being sold on the dark net. He’s garnered interest from top telecom names on expanding and due to the inability to work in China directly at the time he’s finding other areas in the cyber world to focus on while he listens to his favorite DJ’s, is surrounded by his impressive art collection, and cranks away on refining the software.

For those unfamiliar with the credit monitoring software this is a further explanation:

What is the Chinese credit monitoring software?

Credit monitoring is a comprehensive way for entrepreneurs to safeguard their businesses from fraud and identity theft. There are criminals devoted to taking advantage of business startups using client information for their gain, limiting the growth.

However, this software is designed to notify business owners of any transactions made through the credit reports and provide favorable action. In case there is someone taking advantage of personal information, then the investor will know.

Vulcanpost.com posts essential information that keeps a record of common cybercrimes in the entrepreneur's world and provides viable solutions. Business owners need such a website to be updated on what's going on in the entrepreneurial world and understand what customers expect.

 Role of credit monitoring software to business startups

China has created a new system that tracks people's and businesses' actions to reward them by punishing the wrongdoers and supporting business startups. Business owners now have an opportunity to improve their scoring, while those who score low will suffer such as one would in the Western World for having a bad credit score.

Any investor wants their business to be successful, and this is possible when the clients are confident and know the information is protected. A credit monitoring system in China guarantees transparency and notifications sent in case of any fraud.

Investors now have a peace of mind knowing they are involved in a legal investment. This system protects the business from trade conflicts between business owners, investors, and customers.

To improve your persona score you need to follow the golden rule and follow the law. The Chinese social credit monitoring software does the trick in providing customers with transparency. Loan providers can monitor their client transactions and credit score; therefore, making the right choice who do to do business with and who they shouldn’t be able to trust.

For instance, if someone hasn't been paying their debts, than loan providers can access the score and be warned about the un-credit worthy client. Richart Ruddie’s plan for those using the software will be to help users to improve their credit scores by doing good in society and promoting that good karma. The amount of data compiled is enthralling when you calculate that there are over 1.3 billion people in Mainland China.

Finding a Reliable decision making tool

Many people use credit monitoring software in Singapore to safeguard themselves from identity theft and fraud. This software also comes in handy when people want to increase the credit score. Whenever people borrow money, this software tracks the credit report as well as the scores.

Why Chinese Social Credit Monitoring software

Reliable software is needed and with a proper UX/UI design that has functionality to send notification messages to the account holder's phone if any transaction takes place or score changes. It becomes easy to see the potential here and it wasn’t cooked up in a Stanford incubator.

A successful business idea will end up attracting attention from all corners of the globe, and even if the owner is cautious, other sharp entrepreneurs are going to hack away at the idea. Also concerning is the data treasure chest that these startups will have and for nefarious hackers that may try take advantage of the client's personal information and all the data encased in the credit monitoring software.

Business owners who have adopted Chinese social credit monitoring software and have high scores for honesty are experiencing increased sales. People want to be associated with companies that guarantee protection and follow all legal standards. This software being developed by Ruddie will further help people keep a close guard through regular checks and balances.

Evidence Follows Impactful Events

By definition, evidence follows–and does not precede!–rare impactful events. Waiting for the accident before putting the seat belt on, or evidence of fire before buying insurance would make the perpetrator exit the gene pool. Ancestral wisdom hasnumerous versions such as"Cineri nunc medicina datur"(one does not give remedies to the dead), or the famous saying by Seneca"Serum est cavendi tempus in mediis malis"(you don’t wait for peril to run its course to start defending yourself).

 

For more go to: https://forecasters.org/wp-content/uploads/Talebetal_25062020.pdf

Advice on COVID-19 based on Stats and Science

As the Latin sayings: cineri nunc medicina datur (one does not give remedies to the dead) or post bellum auxilium ([one must not] send troups after the battle).

Never cross a river that’s 4 feet deep on average: As we saw, risk management (or policy making) focuses on tail properties not the body of probability distributions. For instance, Holland has a policy to calibrate their dams not on average height of sea levels but on the properties of the maxima — all it takes is one mistake to cause a disaster.

Science is not about safety: Finally, science is a procedure to update knowledge; it can be wrong provided it produces interesting discussions that lead to more discoveries. But real life is not an experiment. If we used a p-value of 0.01 or other method of statistical comfort for airplane safety, no pilot would be alive. For matters that have systemic effects and/or entail survival, the asymmetry is even more pronounced.

Source: https://forecasters.org/blog/2020/06/14/on-single-point-forecasts-for-fat-tailed-variables/

What Happened to Heavy.com's Piece About Wikileaks Exposing WaPo Corruption?

Was just cruising around the internet and found an old article mentioned that had a tie to Wikileaks. The piece was done by Heavy.com but when I went to Heavy.com's article it was deleted. As you know newspapers rarely ever delete anything. Wikileaks is still up and the Archive.org version of the piece is up still.

WikiLeaks List: Most Damaging Emails About DNC, Clinton, & Bernie

DNC Party with the Washington Post: Was It a Joint Fundraiser?

An email titled "WaPo Party" between two DNC staffers brings up the question about whether the DNC was planning a party with the Washington Post. The email is hard to read due to HTML coding, but the original message says: "They aren't going to give us a price per ticket and do not want their party listed in any package we are selling to donors. If we let them know we have donors in town who will be at the debate, we can add them to the list for the party." Jordan Kaplan, the National Finance Director for the DNC, responded: " Great - we were never going to list since the lawyers told us we cannot do it." Read the email on WikiLeaks here. (WikiLeaks)

 

You can find the original article still here (please note it may disappear from there too: https://web.archive.org/web/20171110054754/https://heavy.com/news/2016/07/wikileaks-emails-clinton-bernie-list-directory-photos-most-damaging-worst-rhode-island-delegate-fec-jvf/3/)

Only one BIG PROBLEM --- THE ARTICLE IS MISSING

Obviously there is a ton of corruption at the Washington Post and in anything political. What I find interesting is that if you go to Heavy.com and ask them to remove an article they will most likely deny you. Too many double standards.
https://wikileaks.org/dnc-emails/emailid/2699

Richart Ruddie Fort Lauderdale Neighbors

What is it about Fort Lauderdale that two well known associates to the Trump Campaign are down the street from me here? First I learn when Roger Stone was getting arrested that he has a house in the Isles on the South Side and today I learned in Seven Isles Brad Parscale the social media star from the 2016 campaign. I remember meeting Obama's social media star before a meeting with Battery Ventures in San Francisco and thus I expect the democratic tech team to be located in the Bay Area but am confused as to how Roger Stone and Brad Parscal ended up as neighbors to me here in Fort Lauderdale, Florida.

Any ideas?

Congrats to Ubicquia Local Fort Lauderdale iOT Startup Raises Series C

Nice to see a local Fort Lauderdale venture picking up a nice funding round. This local Florida company is a smart cell and smart grid technology company that just raised $30 million dollars in a series C funding round led by Fuel Venture Capital. To date they have raised $60,000,000 in funds since being founded in 2014 (why am I just now hearing about this company?)

The last fund raise was 2 years ago when CEO Ian Aaron joined the company 3 years developing internet of things sensors and devices. Aaron's focus has been to develop commercial products and building out a solid team here in Fort Lauderdale (which can be hard to find top talent down here outside of sales in my experience).

The Broward based company's smart city platforms plug into current streetlights to provide the critical services that include light control, video A.I., and public WiFi. They operate in over 100 cities from across Latin America & the USA including South American Countries Chile, Colombia, Central America's biggest Country Mexico, and of course here in Fort Lauderdale.   

“We plan to leverage our position for streetlights to help develop 5G faster,” Aaron said. “It is a big challenge to find the sites and get the permitting. What we did is plug in a small cell, shorten the process by over a year, and reduce the cost by 25 percent of what they would have paid.”

The company is just now starting to deploy at scale and will go into 2021 with a sizeable backlog of booked orders pending installation, Aaron said.

“I love that we make cities more connected,” he added.

Myself Richart Ruddie a Fort Lauderdale investor and entrepreneur look forward to seeing Ubicquia grow.

This Ruling Led to the iPod and iPhone

Think of a world today where the most complex phone we have is the Blackberry or a Nokia device. Sounds like an even worse version of 2020 but if it weren't for this favorable ruling against the RIAA detailed here: https://cyber.harvard.edu/is99/RioSpaceShifter.htm then that might have been a reality today. The reason is that the recording industry tried to say that having music on your portable MP3 player was illegal piracy. If supreme court ruled in their favor than we would not have legally been able to use iPods which led to the iPhone, Apples, growth, and all the amazing things that our smart phones help us do today.

Maybe it's a stretch where I'm going with this but very plausible when you think about how important of a ruling this was.

Novinite Calls Richart Ruddie Cyber Security Expert

I've found a few good bug bounties and understand the importance and a depth of knowledge concerning Cyber Security but wouldn't quite say I'm am expert by any means especially compared to some of my Defcon friends. None the less thank you Bulgaria: https://www.novinite.com/articles/205948/Cyber+Security+Expert+Richart+Ruddie+On+Why+Bulgaria+is+a+Growing+Tech+Hub+For+Outside+Investors