AZ Tech Roundtable 2.0

Saving: How Much You Save $, Matters More than What You Invest In

- BRT S03 EP39 (138) 8-19-2022 – Wealth for Life

 

Things We Learned This Week

• Saving - How Much, Matters More Than What You Invest In - Saving 76% vs Investments 24%
• Earning Years - People in their 40s saving 10% / year, when they need to be saving 30% +
• Few People (4%) will Retire Well (w/ $3 Mil of Assets) - hard to save so much $, Advice is outdated, need new Plan, Diversify like the Wealthy w/ better Assets
• 4% Rule is Out-dated - take 4% / year in retirement to not spend all money, now the rec is 3% / year
• Scale Wealth – Tax Control, Financial Leverage, Build Income Streams, Defensive Assets

 

 

Co-Host: Denver Nowicz, President - Wealth For Life

https://wealthforlife.net/brt/

https://twitter.com/denvernowicz 

Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing’.

 

Notes: 

 

WFL Savings

Savings – to have a good retirement. Biggest factor is how much you can put away

Saving money over time maters more than the investment chosen, 76% savings vs. 24% RO I / Investments

Conversation w/ an Advisor is often all about the investing part / ROI the 24%

People hit their “earning years” in their 40’S, need to catch up and save more. Saving 10% when you need to, save 25-30%

You are earning $250K, to maintain lifestyle, need to save 30% to keep lifestyle

You make $250K / year, need to save $80K / year

Investing Advice is out dated

Costs more if you wait – just like

Use financing for your retirement, just like a mortgage

Mindset shift for people, you can finance your retirement income

Charts – income and age = how much to save $ / year to reach retirement income

Few people retire well. Just 4% of people will retire with $3 million/assets

Enjoy life - New strategy to adjust saving

Do you want to live the Dave Ramsey lifestyle, save for 30 years and hope you can enjoy your retirement

 

Use Leverage to catch up on savings – save a lot over 5 years and finance retirement

Catch up on saving and catch up on time

4% rule – take 4%/yr in retirement to not spend all money, based on a $1 mil 401K

Idea is you will spend down your assets, so have to be able to ride out market downturns – experts think it should be revised down to 3% Rule

Assumed only place is stock market

Wealthy diversify – 20% in stock market, rest in other assets, real estate, business, private equity – many of these deals are conservative, grow at 10% / year and take limited down turn hits

You want to have other assets that you can draw income from, especially if the stock market is currently down

Most financial advice just tip of the iceberg – stocks and 401K

Scale Wealth – 3 Principles

Tax Control

Financial Leverage in a safe way w/ downside protection

Build Income Streams

 

Defensive Assets – get more money for less

Protect wealth & earn 60% ( to 100%) more with leverage strategy.

Safety goes up, risk goes down

Most financial advice does not talk about these strategies

Stop following that mainstream advice that is dated

 

Move some money out of the market, less market risk

Strategy that got you to one level, probably will not get you to the next level

 

 

 

More Info on WFL and Tax Free Matching: HERE

 

 

Wealth For Life Topic: https://brt-show.libsyn.com/category/Wealth+For+Life

 

Link to Taxes Show on 10/31/2021 w/ Denver: Here

Link to Offense / Defense Show on 6/6/2021 w/ Denver: Here

Link to Shows, Denver was a Guest: Here

 

Investing Topic: https://brt-show.libsyn.com/category/investing

More - BRT Best of: https://brt-show.libsyn.com/category/Best+Of

 

 

Thanks for Listening.

Please Subscribe to the BRT Podcast. 

 

 

Business Roundtable with Matt Battaglia

The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving. 

Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more… 

BRT Podcast Home Page: https://brt-show.libsyn.com/

‘Best Of’ BRT Podcast: Click Here

BRT Podcast on Google: Click Here

BRT Podcast on Spotify: Click Here                   

More Info: https://www.economicknight.com/podcast-brt-home/

KFNX Info: https://1100kfnx.com/weekend-featured-shows/

 

Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.

 

Why Does the Stock Market Go Up? w/ Brian Feroldi

- BRT S03 EP38 (137) 8-14-2022

 

Things We Learned This Week

• Why Does the Stock Market Go Up? – Everything You Should Have Been Taught About Investing In School, But Weren't
• Motley Fool – writing about investing and stocks, made Brian a better investor

• Modern Tech – easy to buy and sell stocks on trading platforms, people just look at a stock as a ticker, when really it’s a Business

• Corporation – owned by shareholders, where a stock is a piece of ownership % of what’s owned), the corporation’s stock is publically owned after the IPO          

• Stock Market – place where investors & business owners meet, could be in person or online, like Farmer’s Market – producers of food sell to consumers

 

 

Guest: Brian Feroldi

Book:

Why Does The Stock Market Go Up?: Everything You Should Have Been Taught About Investing In School, But Weren't, Paperback – April 5, 2022   by Brian Feroldi 

 

 

Motley Fool Articles: https://www.fool.com/author/14471/

http://mindset.brianferoldi.com/

YouTube - https://www.youtube.com/channel/UCs60_Z83HU76uygzHRQl0kA

Twitter: https://twitter.com/BrianFeroldi

Website: https://www.brianferoldi.com/

 

Brian Feroldi is a financial educator, YouTuber, & author. He has been intensely interested in money, personal finance, and investing ever since he graduated from college. Brian started investing in 2004. In the beginning, he had no idea what he was doing and got his teeth kicked in. His returns improved dramatically over time as his experience and knowledge about the stock market grew. Brian’s career mission statement is “to spread financial wellness.” He loves to help other people do better with their money, especially their investments. He has written more than 3,000 articles on stocks, investing, and personal finance for the Motley Fool. In 2022, Brian’s book Why Does The Stock Market Go Up? was published. The mission of the book is “to demystify the stock market.” It was written to explain how the stock market works in plain English. Brian lives in New England with his wife and three kids.

 

 

Notes:

Book –

Stock Market Basics

Going Public – IPO

* Valuing a busness

Why the market moves up and down

Stock market crashes and recovery

Why earnings go up

All about compounding

Getting started

All about Financial Advisors

Avoiding big mistakes – bad economy, timing market, diversification, dollar cost avering

Common Q’s answered

Advice to younger self –

   Patience – the edge

   Penny stocks – no

   Invest, not trade

   Get started now

   Saving

   Payoff debts

   Track income, exp. Net Worth

   Compound Interest

 

Motley Fool – writer, made him a better investor

Circa 2015 –  writes for Motley Fool

 

No formal investing or money background, Business major in college

Rich Dad, Poor Dad – his dad gave him the book, and that started the process iof investing  

Compounding – power in just saving in Index funds, for 99% of people

Conference calls, business

Modern Tech – easy to buy and sell stocks, so just look at as a ticker when really it’s a business.

Earnings, management team

L/T – money earnings increase business fund.

S/T – stock can fall emotion

Tom Gaynor – Markel Corp.,  considered a Baby Berkshire with insurance float

 

School does not teach investing or stock market, 401 K even in business school.

Brian has written for Motley Fool for 7 years +, written over 3000 articles

Book – took 1 month for the outline, 18 months total to complete, 1 year to write & 6 months edit.

 

Corporation – owned by shareholders  stock – piece of ownership and % publically owned after IPO, Record keeping tools

Stock Market – place where investors and business owners meet, like Farmer’s Market – producers of food sell to consumers.

Stock market Indicies – small sampling of stocks, and average of price for reporting. Ex: S&P 500 tracks price movement

Dow Jones industrial average - 30 stocks. WSJ – 1896 Dow Jones Average. Started by Charles Dow and Edward Jones

NASDAQ – online market

No internet – in the past, 1980s and before, got stock prices in newspaper or periodicals

Market Cap – size/value business

Dollar price used for Dow Jones average

NYSE – physical meeting place on Wall St. Most famous exchange

NASDAQ – world’s first electronic exchange, can trade electronically. Easier and faster – no paper.

Footsie – UK Dow                                                                                                                                                          Russell 3000 – 3000 small companies

 

What to look for when researching a Stock:

Stock – Investor Relations section on company website, Check Profits, earnings, growth, product

SEC filing – 10K filing annual filing with financial st., quarterly is 10Q

Management – hard to judge, Want manager (CEO) to also be the Founder

Company IPO – get rich, so they choose to stay on

Inside Ownership – 5%

Glassdoor – is it good to work there?

Track record – financial numbers matter on stage of business – newer, less than 10 years

Hypergrowth – focused on growth and well capitalized

Mature company – optimized for profit, valuation. Ex. - Google

 

Index Investor vs. Individual Stocks

Buy individual stocks to outperform the market

Guarantee the market return with Index

Avoid large slow moving companies that pay dividends ex – Johnson & Johnson

You want to find the next Amazon, next high growth company that can 10x the return

Multiply capital many times over vs just 1x

Hold Period is L/T, 3 – 5 years

S/T – less than 3 years, hard to measure stock

Market forces take time, 3 years +

Hard to know when to sell, scenario changes, more info comes to light, disproves original investment thesis to buy the stock  

 

 

 

Investing Topic:

https://brt-show.libsyn.com/category/Investing-Stocks-Bonds-Retirement

 

More 'Best of Investing': Here

 

‘Best Of’ Topic: https://brt-show.libsyn.com/category/Best+of+BRT

 

 

Thanks for Listening.

Please Subscribe to the BRT Podcast. 

 

 

Business Roundtable with Matt Battaglia

The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving. 

Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more… 

BRT Podcast Home Page: https://brt-show.libsyn.com/

‘Best Of’ BRT Podcast: Click Here

BRT Podcast on Google: Click Here

BRT Podcast on Spotify: Click Here                   

More Info: https://www.economicknight.com/podcast-brt-home/

KFNX Info: https://1100kfnx.com/weekend-featured-shows/

 

Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.

 

 

Leverage - Get More with Less Effort – How to Scale Wealth

- BRT S03 EP37 (136) 8-12-2022 – Wealth for Life

 

Things We Learned This Week

• Scaling Wealth - need new strategies that apply financial innovation like Leverage to finance retirement / ex. - Mortgage allows you to buy a house w/ 10% down, now you to own the whole house
• Systems Multiply Efforts - Leverage allows you to get more effort with less effort – Financial (Loans $), Business (Team), Digital (Product – build 1x, sell 100X)
• Control Assets - 4:1 Leverage, Control $4 w/ $1, Wealthy use OPM w/ safe asset for lower ROI vs average person uses own $ to chase risky high ROI
• Kevin Bacon Effect – Six Degrees of Separation – connections, networking & Network Effects of scaling, Knowledge Effect of spreading info  

• Archimedes – give me a lever and I will move the world / Dominos – knock 1 over & the rest will fall

 

 

 

 

Co-Host: Denver Nowicz, President - Wealth For Life

https://wealthforlife.net/brt/

https://twitter.com/denvernowicz 

Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing’.

 

Notes: 

WFL – Leverage

Leverage – more with less. Get More with Less Effort.

Ex: job with W2 income – no leverage, all based on single effort, cannot multiply.

Sole proprietor – limited leverage, one person can do so much.

Systems to multiply efforts – can be digital, team, finances

 

Financial leverage – mortgage. Buy house ($250K) for cash, or buy $1 million dollar house, put down same $250K at 25% , now control $1 million asset house.

 

75% leverage or 3 to 1. What plan will earn you more money? $1 million house appreciates more.

Digital Product – create 1 time, sell 100 times

 

Average invest $1 and have $1 earning, wealthy invest $1, borrow $3 and have $4 earning interest

Use OPM and deploy in safe ways.

Safer return on larger investment will win every time

Average using own money and risky, chase rate of return. Wealthy take more money and put in safer return instead of chasing 12% ROI on $250K, get 6% ROI on $1 million using leverage.

 

Leverage of 25 to 1 or 50 to 1 with high interest rate = dangerous.

Leverage of 3 to 1 on safe asset.

Leverage is a financial tool. Done right, it is very powerful – 3:1 leverage can be safe, have protections – risk reducing.

 

Digital / Social Media – leverage connections with digital connection, network effects amplify a message on social media.

Kevin Bacon – effect.

Six degrees of separation

 

Ex: change tire on car, jack uses leverage to raise car. It’s a tool.

 

Tough to save on your own

Less than 4% get to $3 million assets

Knowledge Effect – spread knowledge via leverage of interest.

 

Archimedes – give me a lever and I will move the world.

Dominos – knock over one domino and the rest fall.

 

3 to 1 Tax Free Matching – use leverage to finance retirement.

Increase savings, and use of $, Gives back time.

 

 

 

More Info on WFL and Tax Free Matching: HERE

 

 

Wealth For Life Topic: https://brt-show.libsyn.com/category/Wealth+For+Life

 

Link to Taxes Show on 10/31/2021 w/ Denver: Here

Link to Offense / Defense Show on 6/6/2021 w/ Denver: Here

Link to Shows, Denver was a Guest: Here

 

Investing Topic: https://brt-show.libsyn.com/category/investing

More - BRT Best of: https://brt-show.libsyn.com/category/Best+Of

 

 

Thanks for Listening.

Please Subscribe to the BRT Podcast. 

 

 

Business Roundtable with Matt Battaglia

The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving. 

Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more… 

BRT Podcast Home Page: https://brt-show.libsyn.com/

‘Best Of’ BRT Podcast: Click Here

BRT Podcast on Google: Click Here

BRT Podcast on Spotify: Click Here                   

More Info: https://www.economicknight.com/podcast-brt-home/

KFNX Info: https://1100kfnx.com/weekend-featured-shows/

 

Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.

PayPal Mafia - The Founders Story & Their Battle w/ EBAY w/ Jimmy Soni 

- BRT S03 EP36 (135) 8-7-2022

 

What We Learned This Week

• PayPal Mafia – alumni created or involved many other co’s – Tesla, SpaceX, Palantir, Yelp, Yammer, LinkedIn, Facebook, YouTube & more
• PayPal had may contributors & a real long shot to happen during the DOTCOM Crash of 2000
• Claude Shannon – creator of Information Theory, predecessor to the modern computer age, & algorithms
• Bell Labs was a classic Tech Incubator like Fairfield Semiconductor, Xerox Parc, Menlo Park – Edison / GE, Manhattan Project, Tuxedo Park
• PayPal sold to EBAY in 2002 for $1.5 Billion, prior to this, the two companies were rivals as EBAY wanted a different payment system

 

 

 

 

Guest: Jimmy Soni, Author

https://jimmysoni.com/

https://twitter.com/jimmyasoni

 

https://www.linkedin.com/in/jimmysoni/

My books are passion projects. My topics come because I look for a book to buy on the subject and can’t find one. I know it’s supposed to be fancier than that, or that there must be some grand theory of my work, but there isn’t one. That said, my readers seem to enjoy what I’ve written, so maybe it’s fine?

I am inspired by my literary heroes, including Robert Caro, Laura Hillenbrand, Candice Millard, Daniel James Brown, and Barbara Tuchman, among many others. They are all rigorous researchers—but reading their books doesn’t feel like doing homework. That’s what I’m going for, and hopefully I hit the mark a few times.

For me, books are all-consuming projects, leaving little other time for the things that should populate this section like hobbies, interests, and even the ability to remain in basic touch with people. I enjoy obsessing over a subject for years, and my goal is to find as much information as possible and then make the material readable for a general audience. 

When not writing or reading, I spend time with my daughter in Brooklyn, NY.  If you’d like to connect, please drop me a line at hello [@] jimmysoni.com.

 

https://jimmysoni.com/books/

 

The Founders: The Story of PayPal and the Entrepreneurs Who Shaped Silicon Valley

A definitive, deeply reported look at the origin of PayPal and its founding team, including Elon Musk, Peter Thiel, Reid Hoffman, Max Levchin, and others whose stories have never before been told.

They defined the modern world. This experience defined them.

 

https://en.wikipedia.org/wiki/PayPal_Mafia

Paypal Mafia  

Elon Musk – Tesla, Space X, Boring Co.

Peter Thiel – 1st FB Investor, AirBnB Investor, Founders Fund, Palantir

Reid Hoffman – LinkedIn (sold to Microsoft)

Max Levchin – Affirm, Investor in Yelp

David O. Sacks – Geni.com & Yammer

Chad Hurley – YouTube

Russel Simmons – Yelp

 

https://fintechboomer.com/guide-evaluate-the-founders-the-story-of-paypal-and-the-entrepreneurs-who-formed-silicon-valley/

 

https://www.pressreader.com/india/the-hindu-business-line/20220620/281758452959411

 

https://twitter.com/jimmyasoni/status/1488992532268732419

 

 

 

A Mind at Play: How Claude Shannon Invented the Information Age

In this elegantly written, exhaustively researched biography, Soni and Goodman reveal Claude Shannon’s full story for the first time. With unique access to Shannon’s family and friends, A Mind at Play brings this singular innovator and always playful genius to life.

 

https://www.quantamagazine.org/how-claude-shannons-information-theory-invented-the-future-20201222/

QUANTIZED COLUMNS How Claude Shannon Invented the Future

Today’s information age is only possible thanks to the groundbreaking work of a lone genius.

 

https://www.youtube.com/watch?v=M9hfWiQKhcs&t=2s

A Mind at Play | Jimmy Soni & Rob Goodman | Talks at Google

 

 

Life in Code and Digits: When Shannon met ... - ScienceOpen

 Shannon is credited with the invention of signal-flow graphs, in 1942. He discovered the topological gain formula while investigating the functional operation of an analog computer. For two months early in 1943, Shannon came into contact with the leading British mathematician Alan Turing.

 

Ed Thorp, Claude Shannon and the World's First ... - Winton

https://www.winton.com › technology › 2018/07 › ed-t...

Jul 13, 2018 — Thorp, 85, is a former American mathematics professor and hedge fund manager, who became a New York Times bestselling author in 1962 with his ...

 

https://www.nytimes.com/2009/02/15/magazine/15Battier-t.html

The No-Stats All-Star

 

 

Notes:

Claude Shannon Bio – A Mind at Play (2017)

Claude Shannon – mathematician & MIT professor created Father of Information Theory –

How do you make info transferrable, & secure in wartime?

Friend of Alan Turing (British Mathematician), both worked on coding in WW2,

German code breaking scientists became celebrities in WW2 and raised funding

The science behind compressing info, digitizing info and MP3 files, transfer data

Mathematics Theory of Communication, Shannon’s paper and theory considered the Magna Carta of information age. Great paper theoretically and practically. Shannon created algorithm called sigsally.

Imitation Game – WW2 bio movie about Alan Turing

Shannon’s work used for Gun torrents on Navy ships, target projectiles

Bell Labs – math group that Shannon was a part of

Famous Groups of Genius - Menlo Park – Edison/GE, Manhattan Project – Built the A Bomb

Fairfield Semiconductor – predecessor to Intel and other Silicon Valley tech co’s

Bell Labs had money and started as R&D Dept. in Bell Telephone

Bell Telephone ran all land lines in America, had a Fed guaranteed monopoly on the phone system

Bell invented touch tone dialing, transistor, satellite tech, cell tech, communication networks

We are all affected by Bell tech and inventions, modern age owes a solid to Bell

Had big group of talent and could afford all of it, leading scientists of the time.

During WW2 many major U.S. corporations – Bell, Ford were recruited by the US Government.

War effort created urgency – math used to shoot down the enemy.

The Founders – story of PayPal (2022)

Dot Com burst created urgency to Pay Pal, bleeding money, had to survive.

Dotcom crash – companies started 1 day, & BK out of business next day.

Rise like a rocket and crash in 2 years

Next Gen of Genius Teams - Xerox Parc, Microsoft, Apple

Music Producer – Brian Eno coined the term “scenious”

Scene meets genius - Clusters of talent

American Revolution – Hamilton, Jefferson, Washington, Adams, Franklin all together for 1 cause

Inklings, Fugitive Poets, 1960’s British Music scene, Bill Walsh 49ers Coaching staff of the 1980s

Paypal is the story of many – Elon Musk, Peter Thiel, Max Levchin, Reed Hoffman

Alumni of Fairchild Semi led to Intel, Atari and Xerox Parc led to Apple.

Post WW2 Bell Labs pressure decreased compared to PayPal.

Bell Labs allowed free wheeling, could work on a project for 10 years.

PayPal “mafia” Alumni – Yammer, YouTube, Slide, Yelp, Palantir, Tesla, Space X, LinkedIn, investers in FB

Ghostbusters – safe jobs at universities vs real world, they want ‘results’

Pet.com star of 2000, went BK end of 2000 with Superbowl Ad

David Sachs – Palo Alto was “Killing Fields” of tech co’s when, Dot coms go bust

NASDAQ lost 80% of value in 2000 crash, Crypto Winter of 2022 is analogy

Dotcom bust forced PayPal to create a real business and profitable transfer user to paying clients

This in a time of infant internet, AOL mailed internet CD to potential customers

PayPal doing credit card payments online 20 years ago with dial up internet

MB recap of PayPal, 100 to 1 odds. Four year crazy time for PayPal and internet companies.

Paypal survives, goes public IPO (2001) and is acquired by EBAY for $1.5 billion 2002.

Still top payment system 20 years later, even owns Venmo, another big payment platform

Spun off from EBAY (2015) as of 2022 - EBAY market cap $26 billion, PayPal market cap $112 billion

Paypal grew email payments and reconcile payments, EBAY did not want to handle payments, clunky.

Meg Whitman, (of HP) was running EBAY in 2002. Paypal lived in fear of her.

No playbook to build Paypal or EBAY

Raising funding, running business, recruiting talent is all hard, start business from scratch.

Online payments was revolutionary

Reid Hoffman – Dad and firefighter of PayPal had to broker EBAY / PayPal deal

Max Levchin – engineer of PayPal – heart of company. Classic immigrant story – ambition and interest.

Have to determine appropriate balance of user growth and fraud to keep business going

David Sachs – cop, person who brings discipline to product design, Dr. No, must add value.

Peter Thiel is a biz guy, raised money and ran PayPal

Really smart people in the room, how to settle conflict when they disagree, often happened at PayPal

Sales vs legal battle is a classic fued in business

Internet was ‘wild west’ in 2002, five years old with Section 230

David Sachs was the user ally, user experience ‘conscious’ of PayPal

Sachs appreciated the user experience and design just like Steve Jobs of Apple

Elon Musk ran for X.com – was merged with Confinity (Thiel / Levchin) to be called PayPal (2000), both

were trying to create online payments. PayPal was a product of Confinity.

Reid Hoffman “Dad/Fireman’ of PayPal, had to be the adult and fix problems

Book process for Jimmy - 270 interviews over 6 ½ years to create and write book on PayPal.

Lesson – Email a ton of people, many will respond

So many people made significant contributions to PayPal. Huge cast of characters at the water cooler. Book is about business, tech, personalities.

Sign up for EBAY, set up bank account, get 2 small deposits of 2 cents and code.

Called Random Deposit system, micro deposits, created by Sanjay Bhargava

Julie Anderson – X.com alum, came with Musk. Created Omaha customer service hub for PayPal, she

was from Omaha, NE. PayPal still a large employer in NE

Jack Selby – raised financing worldwide from Europe, Japan etc.

Jack Malloy – early investor and VC in PayPal.

Thiel raised $100 million right before DOTCOM bubble burst.

PayPal paying money people to use PayPal and get users, cash burn rate

Amy Kleiment – unsung hero of PayPal, she understands the Full Picture - resolves conflicts – saw how design went with Ops – Amy was Part Ops – historian – therapist

Analogy of Shane Battier – Michael Lewis article (No Stats All Star) on former Duke player, whatever NBA Team he goes to, they win, Battier is the glue of the team.

Big strategic decisions matter and that’s what is written about. The Interesting problem solving and

execution to start and grow a company is often not done by CEO (who gets credit), but by unsung hero no one knows about. Lots of people are involved to build a business.

Jimmy does not have tech background. Wrote a history of PayPal and the stories

Greg Kouri created Zip2 with Elon Musk and his brother Kimbal Musk, their first company sold for $307

million in 1999 to Compaq database/software company. Musk reinvested the $ in X.com

Epilogue – PayPal Mafia affected and inspired tech startups worldwide

Chris Wilson taught PayPal story in prison with Stephen Edwards in prison for murder in Baltimore, MD

(think The Wire). They taught inspirational story of the entrepreneur. No ceiling on success, past does matter if you add value to others.

 

 

 

 

 

Tech Topic:

https://brt-show.libsyn.com/category/Tech-Startup-VC-Cybersecurity-Energy-Science

 

Best of Tech:

https://brt-show.libsyn.com/size/5/?search=best+of+tech

 

 

Investing Topic:

https://brt-show.libsyn.com/category/Investing-Stocks-Bonds-Retirement

 

 

‘Best Of’ Topic: https://brt-show.libsyn.com/category/Best+of+BRT

 

Legal Topic: https://brt-show.libsyn.com/category/Legal-Asset+Protection-Estate+Planning

 

 

Thanks for Listening.

Please Subscribe to the BRT Podcast. 

 

 

Business Roundtable with Matt Battaglia

The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving. 

Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more… 

BRT Podcast Home Page: https://brt-show.libsyn.com/

‘Best Of’ BRT Podcast: Click Here

BRT Podcast on Google: Click Here

BRT Podcast on Spotify: Click Here                   

More Info: https://www.economicknight.com/podcast-brt-home/

KFNX Info: https://1100kfnx.com/weekend-featured-shows/

 

Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.

 

 

Ozmo the AI Window Cleaning Robot by Skyline Robotics w/ Michael Brown

- BRT S03 EP35 (134) 7-31-2022

 

What We Learned This Week

• Skyline Robotics is a venture-backed AI, robotics, & industrial automation at-heights company.
• Ozmo is the premier industrial tool in automated window cleaning. By combining the expertise of engineers with inventive artificial intelligence technology, to design a robot that serves as an essential tool for building facade maintenance
• Skyscraper window cleaning, Dangerous job working in harsh winter or windy conditions on buildings in major cities like NYC that are 50 to 100 stories high
• Robot OZMO – 250 pounds, 3 foot arm extension – can have 1 to 4 robotic arms using AI sensors, sight and touch like autonomous cars. Map side of building and can clean at night
• Long History of Israel Tech and VC, Tel Aviv residents have to go in Army engineering background and training creates talent and investment opps

 

 

 

Guest: Michael Brown CEO of Skyline Robotics

https://www.linkedin.com/in/michael-brownr1/

 

https://www.skylinerobotics.com/

 

Michael Brown, CEO & Chairman of the Board 

Michael Brown joined Skyline as its Chairman of the Board in December 2020. In this role, Michael will serve as both a veteran strategic advisor and oversee the expansion of Skyline into the US market. Michael’s 35-year career has been focused on business services and distributions. Michael has led two previous companies with revenue over $100Million, both of which were sold to publicly traded companies.

 

During Michael’s career the companies he led have generated in excess of $5 Billion, while leveraging a proven model, driving growth and market expansion through business acquisition, cross-selling, and organic growth steeped in data analysis and strategy. Michael’s focus on growth stems from ensuring companies have the proper management teams and structures that enable and empower a company to deliver stellar performance while delivering value for customers. Michael’s experience will provide Skyline with significant experience and guidance

 

 

 

Skyline Robotics was established with the idea of building a better tomorrow - today. Skyline brings together a group of innovative developers with a shared clear vision of a future in which robots assist humans in work and everyday activities. Our mutual knowledge is based on robotics, software engineering and mechatronics. We are taking an archaic industry such as window cleaning - which has remained the same since its inception more than a century ago - and giving it the breakthrough modernization it needs.

 

Skyline is a venture-backed AI, robotics, and industrial automation at-heights company. Skyline's first product, OZMO, focuses on industrial, high-rise window cleaning. Leveraging deep tech, OZMO is capable of making our partners more efficient while saving lives and taking humans out of high-risk situations. Skyline's HQ is located in Tel Aviv, with an office in NYC. Skyline has partnerships in both Israel and the USA and is backed by world-class investors from institutional to strategic profiles.

 

 

Ozmo is the premier industrial tool in automated window cleaning. By combining the expertise of our engineers with inventive artificial intelligence technology, we were able to design a robot that serves as an essential tool for building facade maintenance, ensuring that the whole process is more practical than traditional methods - and about three times faster. As an additional boost, Ozmo uses tried-and-tested machine learning capabilities that enable him to adapt to new settings while working. Ozmo can go to new heights, without humans having to take any risks.

 

 

 

Notes:

Skyscraper window cleaning, Dangerous job working in harsh winter or windy conditions on buildings in major cities like NYC that are 50 to 100 stories high

Window Cleaner – suspended  1000 feet in air, potential for deadly accidents

Climate Issues: winter cold, windy, rain, hot with sun (in London, NYC, or Chicago)

Skyscraper building has increased, but workers do not want job – 1-2 cleanings per year for a building

Cleaning Time of traditional method – 60-90 days, Cut time in half with Skyline

Currently doing Demos in NYC

Robot OZMO – 250 pounds, 3 foot arm extension – can have 1 to 4 robotic arms

Insurance Policy – safer, more efficient method to clean windows vs risk issues of current method

Robot – operates near other humans safely, no humans in danger

Remote Operator with laptop running OZMO from top of building.

 

Tech – AI sensors, sight and touch like autonomous cars. Map side of building and can clean at night

Tech Used – AI, Robotics, GPS, Sensors, Software, Autonomous

Additional Benefits of Ozmo - Monitor the Health of the building, façade of the building. Check for broken windows, structural damage, HVAC leaks.

Buildings have a cost $500 million to $6 billion, lots of maintenance

Timelines to launch – Launched in NY 2022. Prior Demo in 2021 in Hudson Yards

OZMO cost –

Commercial Building Service - $170 billion industry w/ 900 buildings in NYC alone

Platinum - building service & restoration in NY, Skyline partner

Michael Brown’s background – distribution and service business. Father in office supplies, Allied Office Supplies - $400 million. Sold to Office Depot & then Staples. Allied used good service, tech, efficient ops.

Michael searched for robot cleaning buildings, connected with Skyline –

Ross Blum – CEO/Pres. – startups, quid, web MD

Avi Abadi – CTI and Co-founder

Expansion ops for Skyline - Construction, Maritime, - repetitive / dirty job – i.e. painting, cleaning

Building off the shelf products – 95%

Regulations and legal hurdles – harness cradle to building OZMO robot clamped in.

Insurance Savings - possible investment from insurance company

Gen 1 early adoption

VC Funding – Skyline started 2017 – 3 raises for $2 million

2020 - Michael joined, Safe Note - filled up with $2.2 million

2021 – raised $6.5 million pre-series A round

Talking with top VC – Softbank

Next – Series A - Need $20 million over the next 3 years

63K existing building cradles / world new development – create un-manned solution to clean at start

Alimac –

New Hudson Facades (related owns)

Long History of Israel Tech and VC, Tel Aviv residents have to go in Army engineering background and training creates talent and investment opps

Startup Nation – book about Tech Industry in Israel written by Dan Senor & Saul Singer

Start-Up Nation addresses the trillion dollar question: How is it that Israel -- a country of 7.1 million, only 60 years old, surrounded by enemies, in a constant state of war since its founding, with no natural resources-- produces more start-up companies than large, peaceful, and stable nations like Japan, China, India, Korea, Canada and the UK?

Cyber security – robotics

Boston Robotics – working on great advances in robotic tech, built a Robotic dog for  dangerous tasks, Society moving away from dangerous  jobs

 

 

Tech Topic:

https://brt-show.libsyn.com/category/Tech-Startup-VC-Cybersecurity-Energy-Science

 

Best of Tech:

https://brt-show.libsyn.com/size/5/?search=best+of+tech

 

 

Investing Topic:

https://brt-show.libsyn.com/category/Investing-Stocks-Bonds-Retirement

 

 

‘Best Of’ Topic: https://brt-show.libsyn.com/category/Best+of+BRT

 

Legal Topic: https://brt-show.libsyn.com/category/Legal-Asset+Protection-Estate+Planning

 

 

Thanks for Listening.

Please Subscribe to the BRT Podcast. 

 

 

Business Roundtable with Matt Battaglia

The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving. 

Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more… 

BRT Podcast Home Page: https://brt-show.libsyn.com/

‘Best Of’ BRT Podcast: Click Here

BRT Podcast on Google: Click Here

BRT Podcast on Spotify: Click Here                   

More Info: https://www.economicknight.com/podcast-brt-home/

KFNX Info: https://1100kfnx.com/weekend-featured-shows/

 

Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.

 

Cannabis Sales Secret Weapon - Pistil Data = Cannabis Tech w/ Jeff Graham

- BRT S03 EP34 (133) 7-24-2022

 

 

Things We Learned This Week

• Pistil Data gathers a vast amount of cannabis data across the industry w/ the goal of enabling cannabis businesses to make better business decisions, & enhance sales
• Salespeople can use mobile apps to identify business opps, stores that don’t carry their products, stores that need reorders & new stores opening.
• Co-founded by Jeffrey Graham, a former Director of Google, VP of Twitter, and the Managing Director of one of the largest investment firms in the world (Blackrock) - leader in analytics, data science & business intelligence
• Data Collection – how to use it, start with the Q, what products needs will the data answer
• Speed & Scale in Tech Growth – momentum creates excitement, get market share, better to building & expanding vs stuck in the mud

 

 

 

 

Guest: Jeffrey Graham - Founder-CEO Pistil Data

https://www.pistildata.com/

https://www.linkedin.com/in/jeffreygraham1

https://twitter.com/jeffrigram

 

The Pistil Data Platform

Give your sales team a secret weapon. Pistil makes it easy for cannabis sales teams to prospect, upsell, and grow sales.

 

Pistil gathers a vast amount of cannabis data across the cannabis industry with the goal of enabling cannabis businesses to make better business decisions. The company has built technology to make sense of the data, which is complicated and messy in the cannabis industry, according to Graham.

 

Pistil has developed applications for brands to provide information that can be leveraged by sales teams. Salespeople can use mobile applications to identify business opportunities, such as stores that don’t carry their products, stores that are ready for reorders and new stores opening. Pistil helps salespeople use data to make it easier to sell cannabis into retail stores, & target competition.

 

 

 

Pistil Data. 

Co-founded by Jeffrey Graham, a former Director of Google, VP of Twitter, and the Managing Director of one of the largest investment firms in the world (Blackrock)

 

Jeffrey Graham is a Proven leader in analytics, data science and business intelligence. Jeffrey Graham is a blues musician, weed connoisseur and data nerd. As the former head of data analytics and research at Twitter, Google and the New York Times, Jeffrey saw firsthand the potential and power of harnessing data for business intelligence. Three years ago, he made the leap into cannabis to found Pistil Data, becoming a first-time entrepreneur at the age of 50. Pistils’ data intelligence platform is now powering market intelligence at 1,000+ companies including some of the fastest-growing brands in the cannabis industry (CannaLeaf, Dosist, HERBL etc), and the company recently landed $6MM in investment from Snoop Dogg’s VC, Casa Verde Capital. 

Notes:

Jeffrey background in tech, worked in tech for NYT, Google & Twitter, also Blackrock

Tech, Media, Finance – lots of data

NYT – worked on data for subscription model study, what products people want, what stories people engage - Ad Revenue – research for sales.

Data Collection - how to use, Start with Q – what product needs?, Will data answer the Q?

Power of data, Big Data – get Data, overwhelming, how to use and decipher & use

Influence of FAANG co’s and Netflix, Twitter etc. on all business

AI impact on all industries

Cannabis embrace of tech – need for data , to get Scaling possibilities for Cannabis market

 

Pistil Data started in 2020 & serves Cannabis Brands, specifically sales teams winning shelf space and expanding, help to pitch a store to carry a product.

Cannabis is a business in motion, so data needs to be updated often – stores changing ownership or products

Pistil operates in 7 states – CA, CO, AZ, NV, MA, MD, etc.   

Adding 5 more in Q2/2022 - WA, OR, etc.

Then expand into Canada by 2023, a mature Cannabis market

Germany and Mexico are emerging markets for cannabis

Core data – product tracking in all retail stores in U.S. & Canada, plus price to keep it organized on Pistil Data APP for easy use.

1000 sales reps as users in 1 yr.

Pistil helps the sales reps, What’s it worth to find a new store?  Or Re-order opps

 

CA  - test state for Pistil, 44 million population

Took 1 year, then 6 months for next state, then 3 months to add 5 states

Speed and scale in tech growth momentum creates excitement internally.

Lots of competition to get market share, better to be building and expanding vs. stuck in mud.

Same Pistil Data tech (SaaS) in ALL states

IP has fixed costs, little extra cost when add new users and states subscription model.

Scales well, no extra costs for Pistil with new clients.

Push out new features to clients.

Acquire clients via organic and cold calling.

No paid marketing, no advertising. Know the brands

Get on phone, push to demo product for prospect, 80% close rate if they see the demo

 

Music – Jeff plays jazz guitar and bass. Improvisational music, continuous flow of creativity puts Jeff ‘in the moment’ – plays daily if possible.

Work and life balance – get back to even.

Life is a Marathon, not a sprint.

La La Land – movie about love, jazz and LA, and Jeff likes it

Fund raising – Angel rounds, Seed round

There should be a data company in cannabis, crossover from tech to cannabis.

Founder Story – keep telling your story to the right people to get investors

Create Investor Urgency – time constraints to get in, rounds end.

VC’s act as advisors, and board help

Talk with VCs monthly or 2x times a month, VC’s act as sounding board

 

Tech Topic:

https://brt-show.libsyn.com/category/Tech-Startup-VC-Cybersecurity-Energy-Science

Cannabis Topic:

https://brt-show.libsyn.com/category/Cannabis-Hemp-Marijuana

 

Investing Topic:

https://brt-show.libsyn.com/category/Investing-Stocks-Bonds-Retirement

 

Business Roundtable with Matt Battaglia

The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving. 

Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more… 

BRT Podcast Home Page: https://brt-show.libsyn.com/

‘Best Of’ BRT Podcast: Click Here

More Info: https://www.economicknight.com/podcast-brt-home/

KFNX Info: https://1100kfnx.com/weekend-featured-shows/

You Need to Control 3 Things in Investing – Taxes, Capital & Assets

- BRT S03 EP34 (133) 7-22-2022 – Wealth for Life

 

Things We Learned This Week

• Control Taxes - Tax Protection, move $ to Tax Free position, must reduce taxes to grow wealth, every $1 lost to taxes = $8 lost wealth  
• Control Capital - Access to Capital, use w/ Leverage of 4:1 to grow Capital, & Protect Principal, Lock in Gains, grow wealth efficiently  
• Control Assets – Acquire Assets like real estate, or stocks, or pull $ from biz income, & redeploy for passive investing to Grow Wealth more - then Repeat
• FED Stimulus Money $ props up Zombie Cos (weak debt ridden co’s) in S&P Index, drags good biz down
• Business Owners concentrate on Earning $, need Good Advisors to Protect & Grow wealth after, reduce taxes, structure LLC right

 

 

*** This Show is a Replay w/ Clips taken from:

BRT S01 EP28 8-16-2020 - Cannabis Investing is Growing w/ Alan Brochstein, CFA of New Cannabis Ventures

 

 

 

Co-Host: Denver Nowicz, President - Wealth For Life

https://wealthforlife.net/brt/

https://twitter.com/denvernowicz 

Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing’.

 

Notes: 

 

Market was up 27% in 2019, but average investor not up as much,

2020 market recovered quick from Covid dip of March 2020

S&P Index carried by 20% of top companies - 80/20 Pareto Principle

S&P market breakup, maybe 20-25% are worth investing in, 50% not good, bad companies, some underwater (15-20%) living on debt – Zombie companies (cost of servicing debt eats at profit), not growing.

Rebalance Portfolio – Investors do not want to be too top heavy, so they sell some winning stocks (and losers) and take profits to balance overall portfolio.

Buffett & Vanguard tell people to buy Index Funds, whole market because average investor not doing research, study and work . Catch is, Buffett does not do this and most financial advisors don’t do research either, just put clients in ETF.

FED put stimulus money into system and helps prop up Zombie companies in S&P. If invest in 15-20 good companies, get best of S&P.

Opportunity Cost – if you put money in bad companies, you lose money, but putting money in good company & company grows faster = more profits. Some companies are propped up and kept alive by FED cheap money vs. good companies who take free money, grow faster.

 

Investing plan for Top 10% of income earners ($150K +) or top 5% ($250K +)

Need different strategies, not just 401K or stocks, not like other 90% of population

Wealthy diversify their assets / investments, stock market is just 25% of their investing

Control taxes – protect money from taxes

Control Capital - access to capital – use leverage properly at 4:1

Control Assets – acquire assets to create passive income streams

Wealthy does not put all their money in the stock market.

Every $1 lost to taxes = $8 in lost wealth

$1 at 7% (rule of 72), at 10 yrs = $2, at 20 yrs = $4, at 30yrs = $8

$50K lost = $400K (x8) lost over the long term

If you earn over $500K / year +, top 1% of income earners

The ultra wealthy know that you have to control taxes.

401K does not reduce taxes, it defers taxes, and at $25K /yr, this will not move the needle enough, need major changes to reduce taxes, and propel wealth  

Control Capital – protect principal, no losses, lock in gains

Use Leverage well at a 4:1 multiple, Control $4 with $1 

Just like you finance your house thru a mortgage, finance your retirement (mortgage leverage is typically 3:1, loan is 3x your yearly income) 

Deploy different strategies to grow wealth and make $ millions, really scale wealth from $1 to $5 mil, or $5 to $10 mil

Assets –pull money from passive income & use for more investing

Create investing cycle and repeat to grow wealth

Tax advantage loop to grow money wealth, reduce taxes, and redeploy gained $ for more investing to grow wealth faster and more efficiently

Opportunity to compound up vs. reverse of losing $

Opportunity cost where you lose money to taxes

Have to reduce taxes – you will not make enough money in ROI to mitigate taxes & the money lost

The more your income grows, more advantages to tax deductions

Typical business owner needs to learn this, get good advisors to limit.

Tax Code provides guidelines, rich get richer.

Tax exposure lessoned, then put money in right place to maximize LLC and business corporate structure - move money properly

Advanced Tax Reduction Strategies – Conservation Easement, Foundations

Most CPAs do not know these strategies because 90% of their clients have 1040 / W2 tax return. Do not have business income. You need the right CPA, right advisors to handle your growing situation.

Business Owners concentrate on making money (sales) and grow business, need advisors to protect their money and grow it passively + protect from taxes.

 

 

*** This Show is a Replay w/ Clips taken from:

BRT S01 EP28 8-16-2020 - Cannabis Investing is Growing w/ Alan Brochstein, CFA of New Cannabis Ventures

https://www.newcannabisventures.com/

Alan covers the Cannabis industry, from investing ideas, to news

Full Show: Here

 

 

 

More Info on WFL and Tax Free Matching: HERE

 

 

Wealth For Life Topic: https://brt-show.libsyn.com/category/Wealth+For+Life

 

Link to Taxes Show on 10/31/2021 w/ Denver: Here

Link to Offense / Defense Show on 6/6/2021 w/ Denver: Here

Link to Shows, Denver was a Guest: Here

 

Investing Topic: https://brt-show.libsyn.com/category/investing

More - BRT Best of: https://brt-show.libsyn.com/category/Best+Of

 

 

Thanks for Listening.

Please Subscribe to the BRT Podcast. 

 

 

Business Roundtable with Matt Battaglia

The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving. 

Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more… 

BRT Podcast Home Page: https://brt-show.libsyn.com/

‘Best Of’ BRT Podcast: Click Here

BRT Podcast on Google: Click Here

BRT Podcast on Spotify: Click Here                   

More Info: https://www.economicknight.com/podcast-brt-home/

KFNX Info: https://1100kfnx.com/weekend-featured-shows/

 

Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.

 

Old Trading Methods are Out-Dated, Now there's Outcome Trading w/ Peter Harrigan

- BRT S03 EP33 (132) 7-17-2022

 

Things We Learned This Week

• Democratizing expertise around trading derivatives thru new tools & software. Reengineering the derivatives market, so we do not need to rely anymore on failed experts w/ outdated methods & tech.
• New World: Outcome Trading™- Hedgers simply graphically draw a curve describing the monetary compensation they require in a trade if the price of an asset were to decline (or increase).
• Trading Tech is an upgrade to traditional Commodities markets that are restricted, that will be available to everyone worldwide to use
• Crypto Trading of BTC & Ethereum to start. Quick setup of trades, use Crypto wallet to secure. No margin Calls – fully collateralized trades, using Stablecoins with asset backing
• Much of the world does not have access to derivatives markets (no hedging on investments), Hedging platform for businesses in places without good financial markets.

 

 

 

Guest: Peter Harrigan – Co-Founder Outcome Trading

https://www.linkedin.com/in/peterharrigan/

https://outcometrading.org/

 

Outcome Trading –

old world: derivatives

In today's world, risk transfer is achieved through derivatives, using highly specialized language, and opaque structures which pre-date modern information technology. Centralized financial institutions focus on high volume markets that ignore the long tail.

  new world: outcome trading™

Hedgers simply draw a curve describing the monetary compensation they require if the price of an asset were to decline (or increase). Investors graphically describe the financial outcome they desire from price appreciation (or depreciation).

 

Democratizing expertise around derivatives through new tools and software. How failure by experts impacts us all Protecting oneself or one’s business in high-volatility markets Reengineering the derivatives market, starting from a blank sheet of paper

 

Bio:

Peter Harrigan

 

Peter is the Co-Founder of the game changing trading software, Outcome Trading.

 

Peter also has founded Grey Swan Digital which developed the technology behind PlastiCurv. PlastiCurv was developed to transform financial risks into opportunities - opportunities for return, diversification and social benefit. Peter’s mission was to create an intuitive and visual platform that anyone can understand, re-engineering the $600T derivatives market and making its benefits available to anyone in the world.

 

Peter’s long and successful career as a trader started when he developed a tradable arbitrage employed at the CME and CBOT. Peter later made markets in foreign exchange at Bank of America, currency options on the floor of the CME, and equity options on the floor of the Pacific Exchange. He also co-founded Sentient Technologies, a company developing commercial applications of a highly distributed

evolutionary learning technology. After a successful exit from Sentient, Peter turned his attention to the crypto industry in 2014, attending the first ethereum meetups, & going on to participate in the Ethereum presale.

 

 

Notes:

Arbitrage strategy in 1980’s

Call broker and put in order

Market squeezed our strategy

B of A, work in pit CME

High Frequency Trading –

Outcome trading – drag and drop method – draw curves to get outcome

Costs / profit and losses

Crypto and wallets needed

No margin call – fully collateralized. Stablecoins with asset backing

Trade setup is quick

Crypto BTC and Ethereum

In long run – add to new indexes

Less liquid markets

Probably no options on smaller crypto

ETFs of BTC and ETH based on futures, hot costs – not a pure ETF

Nick Carter – Stablecoins

Tether held, Luna decreased folded

Analogy of subprime loans with Luna

Stablecoin collapse / Terra

People have to keep learning lessons.

DAI Stablecoin

Hedging

USDC on chain –

Movement of money in developing world – i.e., Africa

U.S. has financial markets and banks, not the case worldwide. Spoiled.

Derivatives markets started in mid-west with commodities for futures.

Pre-sell your products

Mid-west didn’t have NY financial markets.

Real estate largest asset class, but not good derivatives market.

Non-linear and customizable derivative

Developing countries still using dollars – use derivatives to hedge BTC with a wallet.

Platform for people with less financial infrastructure –

Adoption – jumps curves, like cell phones.

Hedging platform for businesses in places without good financial markets.

Who is other side of the trade – to finalize trade – both sides put in AMM (Automated Market Maker)

Counter party risk

No margin calls

Manage risk

Leverage built

Wrecked – 20 or 50:1 lev. Depends on instruments used

Stocks – 2:1

Real estate – 20:1

Crypto?

Series of call or put spreads to cap loss

Inflection points in curve

4#’s –

Collateral for trade

Premium

If goes up

If goes down

Power of visual

Model it and believe will not happen

Every market has a limit

 

 

Replay Clip from:

Options vs Stocks & Trading vs Investing w Tom Sosnoff of tastytrade

 

Things We Learned This Week

• Implied Volatility & Time Decay – options begins with volatility, on a clock so Mechanics (forget mind set) on how to setup a trade is key
• tastytrade is a media network based on Math (Probability & Statistics - Look at the Math), trading & focus on markets 
• Limited Profitability & Unlimited Risk when you Sell Puts w/ 80% chance of success - Be a Seller of Options – let Market beat you, slight edge
• Trade Small, Trade Often - Law of Large Numbers w/ 45 DTE Strike Price of 1 SD – Exit or Roll at 21 DTE
• Options Trading Teaches Life Lessons – Important to: take risks, learn to take risks, make quick decisions, be decisive about those decisions.

 

Guests: Tom Sosnoff, founder & CEO of tastytrade

https://www.tastytrade.com/

https://twitter.com/tastytrade

 

FULL SHOW: HERE

 

 

Tech Topic:

https://brt-show.libsyn.com/category/Tech-Startup-VC-Cybersecurity-Energy-Science

 

Crypto / Blockchain Topic:

https://brt-show.libsyn.com/category/Crypto-Bitcoin-Blockchain

 

‘Best Of’ Topic: https://brt-show.libsyn.com/category/Best+of+BRT

 

Investing Topic: https://brt-show.libsyn.com/category/Investing-Stocks-Bonds-Retirement

 

More 'Best of Investing': Here

 

 

Thanks for Listening.

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Business Roundtable with Matt Battaglia

The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving. 

Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more… 

BRT Podcast Home Page: https://brt-show.libsyn.com/

‘Best Of’ BRT Podcast: Click Here

BRT Podcast on Google: Click Here

BRT Podcast on Spotify: Click Here                   

More Info: https://www.economicknight.com/podcast-brt-home/

KFNX Info: https://1100kfnx.com/weekend-featured-shows/

 

Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.

 

What's Your Exit Strategy? Build Your Tax Free Plan Today

- BRT S03 EP32 (131) 7-15-2022 – Wealth for Life

 

Things We Learned This Week

• Disruption – No more 100 year old companies, people jump companies and even careers in their lifetime, need new retirement strategy

• Creation of the 401K in 1980, slowly phased out Pensions & Financial Security of yesteryear was the 3 legged stool - Pension, Social Security, & Savings
• Offense / Defense Strategies - Offense is stocks, asset that appreciates, want asset to go up so you can sell, Appreciating & Harvesting Assets– Stock market is not Efficient at capturing gains, have to sell at the right time to gain the value of the asset – harvesting Assets can also appreciate while giving off income
• No Easy Path to Retirement, many choices to put money or invest / No Perfect Asset - Further investor removed, lesser ROI from deal
• 3 Pillars to Scale Wealth: Tax Protection, Financial Leverage, Income Streams
• Financial Leverage – can finance your retirement, do not have to do it all on your own

 

 

 

Co-Host: Denver Nowicz, President - Wealth For Life

 

https://wealthforlife.net/brt/

https://twitter.com/denvernowicz 

Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing’.

 

Notes: 

EXIT STRATEGY

Disruption - No more 100 year old companies

1980 – creation of the 401K, slowly phased out Pensions

Financial Security of yesteryear was the 3 legged stool -

Pension, Social Security, & Savings

Stock Market Crash of 1987

The first contemporary global financial crisis unfolded on October 19, 1987, a day known as “Black Monday,” when the Dow Jones Industrial Average dropped 22.6 percent.

 

Black Swan – disruption – in a 20 yr. period, 4 Crashes

DOTCOM of 2000, 9/11, Financial Crash of 2008, Covid 2020

More on Crashes:

https://www.cnbc.com/2020/04/09/what-happened-in-every-us-recession-since-the-great-depression.html

401(k) plans hold $7.3 trillion in assets as of September 30, 2021, in about 600,000 plans, on behalf of about 60 million active participants and millions of former employees and retirees.

Ted Benna, the Father of the 401k Covers It All, History, pensions, Fees & More

Link to 401 K Ted Benna – FULL SHOW: HERE

 

What if your 401K crashes, S&P earned 0% from 2000 – 2010, Lost Decade

The “lost decade” from January 2000 through December 2009 resulted in disappointing returns for many who were invested in the securities in the S&P 500. An index that had averaged more than 10% annualized returns before 2000 instead delivered less-than-average returns from the start of the decade to the end.

401K has your money $ in the Market, hence Market Risk

Stock Options from Company you work for, if issue with that co., Company Risk

Exit Strategy – people today can have 2 - 3 career changes

Work to have an Equity position in the company

Equity positions in Company – stock options

Company sells, & get big paycheck or bonus

Offense / Defense Strategies

Offense is stocks, asset that appreciates, want asset to go up so you can sell

Appreciating Asset – buy low, sell high, buy an asset and hope it goes up in value – ie Stocks,, Gold, Art, Real Estate, Crypto

Harvesting Assets – Assets that give off income, or cash flow - ie  Real Estate rental property, owning a business, dividend stocks, REITs, etc.

Stock market is not Efficient at capturing gains, have to sell at the right time to gain the value of the asset – harvesting Assets can also appreciate while giving off income

“One Thing” Retirement Plan – 401K & stocks, hope it goes up and no volatility (market risk), 90% of people are on this plan

No easy path to retirement, many choices to put money or invest

No perfect asset - Further investor removed, lesser ROI from deal

Real Estate Developer creates the deal and manges the deal, and make most $ from the deal

Liquidity Risk – money is tied up in an investment deal fro years, cannot access the money

Defense - IUL, Cash Flowing Business, Real estate, bonds, dividend stocks

Defense – income, liquidity, track record

High Net Worth Investors view assets differently

Ie – invest in real estate, could be storage facility, rental real estate, or RV Park

Predictable income, with a safe asset

Most people create wealth thru one thing initially, successful business or career, then invest money to grow their wealth

Hard to Sell a Business – 90% may not sell or sell at value owner wants

3 Pillars to Scale Wealth: Tax Protection, Financial Leverage, Income Streams

Business owner – do not save enough. Need capitol in business

Business gives best ROI, vs investing in real estate or stock market

Use money and leverage (financing) = bigger exit / retirement

Carve out small portions of your capital, 10 %, and use financing to big a better retirement, and safer

Business Owners deal with tax issues, so need defensive tax strategy

90% of financial advice does not apply to a business owner earning over $150K / year

Top 10% of income is $150K and up

25% down on investment

Put in $1, have $3 - $4 working for you, control $4 with $1

3 to 1 Tax Free Matching program, acts like a no limit ROTH  

What are the best assets out there that are acceptable, can get growth, but conservative strategy

Build assets – digital brand

When you have more wealth, there are more opportunities to grow the wealth

Financial Leverage – do not do it all on your own, use loans

Trust strategies with loans  

Disclaimer – these strategies are not simple to understand, and can overlap with other plans

Income of $250K out you in Top 5% of income earners, so 95% of financial advice do not apply

Need a Team of Advisors to grow and protect wealth  

4% withdrawal rule

More efficient use of money

Never go back to Vegas with scared money. Chasing losses.

Segment defense money

Secure future income with 20% of capitol. Frees up capitol for offensive strategy

 

 

Tiger Club – how does the wealthy invest?

Tiger 21 Club - Follow this super investor group for ideas, and how they diversify their investments. Allocation usually has 25% in real estate, 25% in stocks, 25% in private equity, 10% in cash, and the rest is Bonds or other investments. 

https://tiger21.com/

 

 

More Info on WFL and Tax Free Matching: HERE

 

 

Wealth For Life Topic: https://brt-show.libsyn.com/category/Wealth+For+Life

 

Link to Taxes Show on 10/31/2021 w/ Denver: Here

Link to Offense / Defense Show on 6/6/2021 w/ Denver: Here

Link to Shows, Denver was a Guest: Here

 

Investing Topic: https://brt-show.libsyn.com/category/investing

More - BRT Best of: https://brt-show.libsyn.com/category/Best+Of

 

 

Thanks for Listening.

Please Subscribe to the BRT Podcast. 

 

 

Business Roundtable with Matt Battaglia

The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving. 

Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more… 

BRT Podcast Home Page: https://brt-show.libsyn.com/

‘Best Of’ BRT Podcast: Click Here

BRT Podcast on Google: Click Here

BRT Podcast on Spotify: Click Here                   

More Info: https://www.economicknight.com/podcast-brt-home/

KFNX Info: https://1100kfnx.com/weekend-featured-shows/

 

Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.

 

Crossing the Chasm to AI, EV, GPS, Space & Incubators

Best of Tech 2022 - BRT S03 EP31 (130) 7-10-2022

 

Clips from Previous BRT Tech Shows in 2022

 

Things We Learned This Week

• Crossing the Chasm book (1990) has become part of the lexicon for Tech Industry knowledge, mass influence on Tech CEOs last 25 years, constant references - Chasm – early market vs. mainstream market
• 5 Stages of Adoption – Innovators, Early Adopters, Early Market Pragmatists, Late Majority, Laggards
• Spirit Electronics is veteran and women owned tech companyproviding satellite components to Aerospace and Defense industries
• Monarch Tractor is AgTech working towards a future with Clean Farming
• Farmer Jobs &Farmer Safety – tech assistance, more data, lower costs, less time on the tractor, more efficiency, & not around chemicals
• Knightscope makes AI Security Robotsthat monitor business & provide a physical deterrence to lower crime, bring peace of mind 24/7/365 & have already logged over 1 mil hours of service with paying clients across the U.S. in busy parking lots/structures, shopping malls, hospitals & corporate campuses
• Tech Incubator:startup incubator is a collaborative program for startup companies — usually physically located in one central workspace — designed to help startups in their infancy succeed by providing workspace, seed funding, mentoring and training.
• AZ State supporters of Tech: AZ Tech Council, The Flinn Foundation, NAU, ASU, UA, CEI Gateway Tech, AZ Bio, NACET – Moonshot, AZ Advances, & many funding VC & Angel groups – ATI, Desert Angels, Canyon Angels
• Onsemi & Fresscalewere a spinoff of Motorola, IPO in 2000, & makes tech for cars, power steering and AI sensors, plus more
• Skyline Robotics is a venture-backed AI, robotics, & industrial automation at-heights company.
• Ozmo is the premier industrial tool in automated window cleaning. By combining the expertise of engineers with inventive artificial intelligence technology, to design a robot that serves as an essential tool for building facade maintenance

 

 

Notes:

Clips from Previous BRT Tech Shows in 2022

 

BRT S03 EP28 (127) 6-26-2022 –

Crossing the Chasm & Tech Adoption w/ Geoffrey Moore

Guest: Geoffrey Moore

http://www.geoffreyamoore.com/

https://www.linkedin.com/in/geoffreyamoore/

https://twitter.com/geoffreyamoore

 

Bio:

Managing Director, Geoffrey Moore Consulting Venture Partner, Wildcat Venture Partners Chairman Emeritus, TCG Advisors, Chasm Institute and The Chasm Group Member of the Board of Directors of several pre-IPO Companies

Books – Crossing the Chasm, Zone to Win, Inside the Tornado, The Infinite Staircase, Escape Velocity & more… Geoffrey Moore is an author, speaker, and advisor who splits his consulting time between start-up companies in the Wildcat Venture Partners portfolios and established high-tech enterprises, most recently including Salesforce, Microsoft, Autodesk, F5Networks, Gainsight, Google, and Splunk.

 

Clip from Seg. 3 - FULL SHOW: HERE

 

 

BRT S03 EP18 (117) 5-1-2022 –

AZ Bio & Tech Incubators w/ Russ Yelton

 

Guest: Russ Yelton, Pres., Yelton & Associates

Immediate Past Chairman, AZBio Board of Directors

http://www.yeltonandassociates.com/

https://www.azbio.org/azbio-board-of-directors/russ-yelton

https://www.linkedin.com/in/russ-yelton-46a9412/

https://twitter.com/ryelton

 

Russ Yelton Bio:

Russ Yelton served as Chairman of the AZBio Board of  Directors from January 2015 to December 2017.  He has been an active board members since being elected in 2009.

He is currently president of Yelton and Associates.  The firm provides economic development services as well as early stage business solutions. Yelton and Associates has experience both domestically and internationally and has assisted thousands of entrepreneurs to raise funding and bring their products to a variety of markets. The firm  also has a long history of assisting municipalities with the development of co-work, incubators and accelerators as well as loan funds, student focused entrepreneurial programming as well as shared facilities.

 

Clip from Seg. 3 - FULL SHOW: HERE

 

 

BRT S03 EP12 (111) 3-20-2022 – 

Topic: Semiconductors & Cars w/ Rohan of On Semi

 

Guests: Rohan Raghunathan –  Product Line Mgr – On Semi

https://www.onsemi.com/

https://www.linkedin.com/in/rohan-raghunathan-1542a94

 

Rohan graduated from ASU with a degree in Electrical Engineering, and also attended Cornell Univ for his MBA. Prior to working at On Semi in 2019, he was at Pwc as a Management Consultant in tech, and a Product Engineer at Microchip. He also had his own startup called Bioscope.  

 

Onsemi:

Through both acquisition and robust internal development, onsemi has achieved leadership positions in several markets and technologies that fuel its growth, including automotive, industrial, and cloud power. In 2021, to better reflect its broad technology portfolio, differentiated product lines, and market leadership, ON Semiconductor rebranded itself as onsemi.

Though there is a new look and feel, the company’s roots are foundational. In 1999, Motorola spun off its standard products semiconductor business into an independent company called ON Semiconductor. Motorola had been a pioneer in transistors, especially for commercial applications. In fact, a Motorola transponder relayed the first words from the moon to Earth in July 1969. Motorola also pioneered the automotive electronics industry, from the first mobile radios in police cars in the 1940s to automotive electric controls and semiconductors in the 1970s.

 

Clip from Seg. 4 - FULL SHOW: HERE

 

 

 

BRT S03 EP21 (120) 5-22-2022 –

Fighting Crime & Providing Security using AI Robots by Knightscope w/ William Santana Li

 

Knightscope – More coverage, at a lower price. Augment your existing security program at a fraction of the average rate for one 24-hour security post. The Autonomous Security Robots (ASRs) are Made in the USA – Designed and Built in Silicon Valley by Knightscope – and offer security patrols as well as a physical presence that deliver real-time, actionable intelligence anytime and anywhere, giving you and your security team the ability to detect and react faster.

 

Knightscope security robots bring peace of mind 24/7/365 and have already logged over 1,000,000 hours of service with paying clients across the U.S. in busy parking lots/structures, shopping malls, hospitals and corporate campuses. Let them bring that experience to your doorstep. Eye-level, mobile surveillance provides unprecedented deterrence capabilities, increased awareness with a conspicuous physical presence, and high-quality evidence to prosecute criminals. The results speak for themselves.

William (“Bill”) Santana Li has served as our Chairman and Chief Executive Officer (“CEO”) since April 2013. Mr. Li is an American entrepreneur with over 30 years of experience from working in the global automotive sector and founding and leading a number of startups. From 1990 to 1999, Mr. Li held multiple business and technical positions at Ford Motor Company across four continents.

 

Clip from Seg. 2 - FULL SHOW: HERE

 

BRT S03 EP23 (122) 6-5-2022 –

Monarch Tractor Brings AgTech to Farming w/ Praveen Penmetsa

 

Guest: Praveen Penmetsa - CEO of Monarch Tractor

https://www.linkedin.com/in/praveenpenmetsa

 

https://www.monarchtractor.com/leadership.html

 

Praveen Penmetsa has nearly two decades of hands-on experience in translating creative visions into products for startups to Fortune 50 companies alike. He co-currently serves as founder and CEO of Motivo Engineering, a product-engineering firm with clients in the Mobility, Energy, AgTech, and Aerospace sectors. Praveen holds an MSME in Mechanical Engineering from the University of Cincinnati.

 

 

Monarch Tractor: Working Toward a Future With Clean Farming

Labor shortages, climate change, and food safety concerns create a multitude of challenges for farmers. Monarch Tractor provides a farmer-first approach to innovation, making each decision with our end user and their biggest challenges in mind. Our dedication to solutions for the farmer also means healthier solutions for the planet, for the consumer, and for the global food ecosystem.

 

Clip from Seg. 2 - FULL SHOW: HERE

 

 

BRT S03 EP25 (124) 6-12-2022 –

BRT in Space with Satellite Components by Spirit Electronics w/ Marti McCurdy

 

Guest: Marti McCurdy - CEO of Spirit Electronics

https://www.linkedin.com/in/marti-mccurdy-1083a936/

 

https://www.spiritelectronics.com/about-us/

 

Marti McCurdy, owner and CEO of Spirit Electronics, is a veteran not only of the semiconductor business but also of the United States Air Force. Marti’s focus as CEO is to serve the aerospace and defense industry for high reliability components. She exercises her engineering knowledge of space qualified flows and sophisticated testing to deliver flight class devices. Throughout her career as a business owner and most recent position as VP, Marti’s goal is to bring her high standard of customer service and cultivated relationships to serve the aerospace sector she is so familiar with. Marti holds a current patent and is a published author in ultrasonic applications.

Spirit Electronics is a certified veteran-owned, woman-owned value-added distributor of electronic components. Our product lines and value-added services offer power, memory, FPGAs, ASICs–everything you need to build out a high-reliability board that can perform in even the harshest environments. Spirit builds components for satellites, used in the aerospace and defense industries.

 

Clip from Seg. 3 - FULL SHOW: HERE

 

 

BRT S03 EP35 (134) 7-31-2022 –

Ozmo the AI Window Cleaning Robot by Skyline Robotics w/ Michael Brown

 

Guest: Michael Brown CEO of Skyline Robotics

https://www.linkedin.com/in/michael-brownr1/

 

https://www.skylinerobotics.com/

 

Michael Brown, CEO & Chairman of the Board 

Michael Brown joined Skyline as its Chairman of the Board in December 2020. In this role, Michael will serve as both a veteran strategic advisor and oversee the expansion of Skyline into the US market. Michael’s 35-year career has been focused on business services and distributions. Michael has led two previous companies with revenue over $100Million, both of which were sold to publicly traded companies.

 

 

Skyline Robotics was established with the idea of building a better tomorrow - today. Skyline brings together a group of innovative developers with a shared clear vision of a future in which robots assist humans in work and everyday activities. Our mutual knowledge is based on robotics, software engineering and mechatronics. We are taking an archaic industry such as window cleaning - which has remained the same since its inception more than a century ago - and giving it the breakthrough modernization it needs.

 

Skyline is a venture-backed AI, robotics, and industrial automation at-heights company. Skyline's first product, OZMO, focuses on industrial, high-rise window cleaning. Leveraging deep tech, OZMO is capable of making our partners more efficient while saving lives and taking humans out of high-risk situations. Skyline's HQ is located in Tel Aviv, with an office in NYC. Skyline has partnerships in both Israel and the USA and is backed by world-class investors from institutional to strategic profiles.

 

 

Clip from Seg. 3 - FULL SHOW: Airs 7/31/2022

FULL SHOW: HERE 

 

 

 

Tech Topic:

https://brt-show.libsyn.com/category/Tech-Startup-VC-Cybersecurity-Energy-Science

 

Best of Tech:

https://brt-show.libsyn.com/size/5/?search=best+of+tech

 

 

Investing Topic:

https://brt-show.libsyn.com/category/Investing-Stocks-Bonds-Retirement

 

 

‘Best Of’ Topic: https://brt-show.libsyn.com/category/Best+of+BRT

 

 

Thanks for Listening.

Please Subscribe to the BRT Podcast. 

 

 

Business Roundtable with Matt Battaglia

The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving. 

Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more… 

BRT Podcast Home Page: https://brt-show.libsyn.com/

‘Best Of’ BRT Podcast: Click Here

BRT Podcast on Google: Click Here

BRT Podcast on Spotify: Click Here                   

More Info: https://www.economicknight.com/podcast-brt-home/

KFNX Info: https://1100kfnx.com/weekend-featured-shows/

 

Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.