How long did it take you to feel comfortable in your business?
I’m going on year 4 of owning my gym. 5 months after we opened my business partner passed away unexpectedly. It took about a year for things to feel somewhat normal again. Then we saw a couple of years of ups and downs but we kept our doors open. Then of course COVID hit. Luckily, we have an extremely loyal and supportive client base so we had ~30% of our membership base stick around until we were able to reopen again. We’ve had an inquiry here and an inquiry there during this whole covid craziness but I’d be lying if I said at times I didn’t feel a bit hopeless. I’m resilient and don’t have a problem fighting through tough times, I guess I’m just interested to hear from some of you all as to how long were you in business before you felt some form of relative stability? (Paying yourself a salary, somewhat predictable marketing and acquisition, etc) Your stories would be greatly appreciated.
The world has never been more indebted after a year of battling Covid-19. Global debt hit an all-time high of $281 trillion by the end of 2020, or more than 355% of global GDP. And there's even more borrowing ahead. Link in bio for more. 📷: NASA via Getty Images
● Over 100 million workers in eight of the world’s largest economies may need to switch occupation by 2030 as the Covid-19 pandemic accelerates changes to the labor force, according to research by McKinsey. One-in-16 workers in China, France, Germany, India, Japan, Spain, the U.K. and U.S. will likely need to change profession, a report published Thursday found. The less educated, women, ethnic minorities and young people will be most affected and, for many, it will mean retraining to seek work in higher-skilled roles as the share of employment in low-wage occupations declines.
Taking the time to be thoughtful about decisions will generally lead to better outcomes. And some people may simply think more deeply than others; studies show that sensitive people have more active brain circuitry and neurochemicals in areas related to mental processing. This means their minds not only take in more information, but also process that information in a more complex way. But there comes a point in decision-making where helpful contemplation turns into overthinking. Swipe for five ways to stop the cycle of thinking too much and learn to drive towards better, faster decisions. 🧠 Read the full article, "How to Stop Overthinking Everything," by Melody Wilding, at the link in our bio. — Art credit: Ghislain & Marie David de Lossy/Getty Images. Note: The last slide incorrectly refers to the headline of the article this post was adapted from. It’s “How to Stop Overthinking Everything,” by Melody Wilding.
Betting on VXUS and why you should too
Since election international outperformed USA ( 26% vs 23%) Thesis : 1. Weak dollar , when dollar index low international outperforms , look at 2017 performance 2. Commodities boom and global demand will help emerging markets 3. Market composition changed since 2008 top cycle , if you break it down by industries there is a lot of tech /healthcare like USA compared to energy back in 2008 4. Starting valuation are super attractive compared to USA , price/earnings, dividend yield etc International been dead money for a while , hopefully it will start paying off this cycle
Reading Quarterly Reports More Efficiently
I've started doing my due diligence on stock investing, and I'm putting time to read over quarterly reports from companies. At the moment, I'm using both the company's website and Yahoo financials to look at the stock's quarterly and annual report. However, sometimes I notice that 1) companies don't post their most recent quarterly reports and 2) Yahoo sometimes (very rarely but still happens) doesn't match the numbers on the company's quarterly report. Maybe it's because I can't math, but even in the following quarterly report, it'll match the numbers exactly. That being said, is there a paid premium service that will give you access to most companies and their quarterly reports? I've been trying to find some on google but nothing matches. Thanks in advance!
Thankyou guys 10 sales in shops first month
Weve made 10 sales to date and its been a bit of a tough start weve had a huge learning curve sourcing matierals like our custom mugs and trying to get a good price without buying 1000 of them, but anyways so far so good were very grateful for the sales we have made so far and are learning alot along the way, one of our top sellers so far is something we didnt even sell initially its a mystery book or manga and we did one for a customer as a one off thing and advertised about it and got 4 more mystery book sales. I might be ranting a little just wanted to say thanks to the community here for the help and support and if your thinking about opening a small business make the jump if I can do it anyone can.
NASA successfully landed its largest and most sophisticated rover on Mars. Perseverance touched down in an ancient river delta that may contain signs of whether the planet ever had life. Mars landings are among the toughest challenges in space exploration, and Perseverance’s arrival in Jezero Crater was the trickiest NASA has ever attempted. Click our link in bio for more. 🎥: quicktake
● You might not be in the 1% in the U.S., but you could be in China.⠀ ⠀ ● The “top 1%” is the symbol of wealth and power thanks to a protest movement. Since Occupy Wall Street popularized the term almost a decade ago, inequality has surged, and this exclusive group has only gotten richer and more influential.⠀ ⠀ ● Yet the top 1% covers a wide span, from prosperous professionals to billionaires with more wealth than many nations. And the difficulty of making the cut varies greatly depending on where you live.⠀ ⠀ ● To join the group in the oil-rich United Arab Emirates requires more than $900,000, or 12 times more income than in India, a developing market so populous that the top 1% includes more than 13 million souls. In much of the developed world, an income of $200,000 to $300,000 gets you in the top 1%.⠀ ⠀ ● Read the full story by clicking the link in our bio.
Avocado pits are the main ingredient for a cleaner plastic https://t.co/45lfNX9c2j
“I am not a cat, I am not an institutional investor, nor am I a hedge fund,” Keith Gill (@TheRoaringKitty) tells the House Committee on Financial Services. “I’m just an individual whose investment in GameStop and posts on social media were based on my own research and analysis.” https://t.co/FLxSHfUpZW
Bitcoin is a "speculative self-fulfilling bubble" without any feature of an asset, says Nouriel Roubini, a professor at New York University's Stern School of Business https://t.co/07laEavml5 #Bitcoin https://t.co/lI9RQjKIPt
“WallStreetBets may look … chaotic from the outside, but the fact that we’re here today means they’ve managed to raise important issues about fairness and opportunity in our financial system," @Reddit CEO Steve Huffman says. "I am proud they used Reddit to do so." https://t.co/H2FskKUDrx
Facebook has shut down sharing of news articles on the social network in Australia. It’s the strongest response yet to the country’s proposed law requiring tech companies to pay publishers. The potential fallout from the spat goes far beyond Australia for Facebook and Google, whose dominance of global advertising has made it a target for watchdogs worldwide. Soon after the announcement, users reported many non-news websites like government platforms for coronavirus information and weather warnings to be inaccessible. Facebook said it would restore pages that may have been “inadvertently impacted.” Link in bio for more.