Disruptance

On this episode, Eric Forney and Michael Bounds discuss the inequalities in housing wealth among minorities.  They discuss how whitewashing a home will sometimes make it sell faster, the discrepancies between white and Black mortgage approval rates, and the merits of education vs policy change.  They talk about the differences in how JFK and MLK are represented in historical contexts, and the positive and negative aspects of tokenism.

On this episode, Eric Forney and Michael Bounds continue their conversation about the many ways agents fail - especially after setting new year goals.  They discuss the pitfalls of following false prophets, not understanding what a lead really is, failing to hack time, and not taking action.

Don't forget that you can watch the episode on YouTube

https://youtu.be/zYfVEr0eIqs

Everyone is starting to set their goals for the new year, but most of those goals will go unrealized.  Why is it that agents fail to achieve their goals?

On this episode, Eric Forney and Michael Bounds discuss 4 of the 8 ways they see agents failing to accomplish what they say they want to accomplish.  They discuss how crucial it is to clearly break down your goals and why you want them, how to figure out what self care means to you, the overwhelming importance of compounding through consistency, and what happens when your environment doesn't align with your desires.  

What is everyone going to do in the Metaverse and how does it generate profit?

On this episode, Eric Forney and Michael Bounds talk about all of the things that are already available in The Metaverse or will be available in the future.  They discuss how to make an NFT and how important the story behind the NFT is for generating its value.  Eric discusses how any art's worth is derived from its social signal, whether it's physical art or digital art, and how the strength of the signal correlates with the price it will bring.  They also talk about how the most innovative talent that will change the next decade of technology is probably working somewhere in a garage or basement, and we don't even know who they are yet.

 Don't forget, you can always watch the episodes on The Disruptance YouTube Channel

https://youtu.be/Zga096hSnCE

It seems like overnight, everyone started talking about Web 3.0, the Metaverse and cryptocurrencies, but what do all the buzzwords mean and why should you care?

On this episode, Eric Forney and Michael Bounds break down how we got from Web 1.0 to 2.0, what the transition to Web 3.0 looks like, how the Metaverse fits into Web 3.0, and how different cryptocurrencies function.  They discuss how abstract currency is in any form, and how humans have used a diverse variety of currencies over time.  Eric draws on Super Mario Bros and casinos as metaphors to provide clarity on Web 3.0 games.

It's easy to fall into the trap of the rat race when pursuing success, but how do you make sure you aren't just running a race that has no rewards?

On this episode, Eric Forney and Michael Bounds break down the culturally engrained obsession with falling into the rat race, and the repercussions on your health when you allow it to happen.  They discuss how easy it is to fall into it when you are motivated to achieve your goals, and how to avoid getting overwhelmed in that pursuit.  They explain how important clarity is to right-sizing your goals and keeping yourself on a trajectory that is actually appealing to you.  They talk about accepting what you can't change as a way to keep yourself from spinning in circles, and how some days, it's okay to adjust the goalpost so that your win is getting out of bed and starting on anything.  

Don't forget you can watch full episodes on the YouTube channel

https://www.youtube.com/channel/UCTz80Sf-vkaLV0aILIUVpxg

What practices do you need to have in place in order to begin building your wealth?

On this episode, Eric Forney and Michael Bounds break down the practical, necessary steps towards building your own wealth.  Eric shares his equation for wealth building: managing emotions + automation + expense management + wealth protection = wealth.  He explains tools that he uses to help him manage his emotions when investing, and how automation can aid in that emotion management.  They discuss the many different ways to approach expense management so you aren't depleting your wealth without knowing it.  They go into detail about all the ways you need to protect your wealth, from insurance to pre and post-nups.  

To read about the Placebo study mentioned, go to

https://www.health.harvard.edu/mental-health/the-power-of-the-placebo-effect

To catch up on the Inflation episode, go to Episode 53 or watch on YouTube here:

https://www.youtube.com/watch?v=X4JFSZ98OsM&t=2s

To listen to the episode about words and how they matter, go to episode 56 or watch on YouTube here:

https://www.youtube.com/watch?v=X_naBfU0YYQ

And don't forget you can watch full episodes on the YouTube channel

https://www.youtube.com/channel/UCTz80Sf-vkaLV0aILIUVpxg

How do you really build wealth?  What does money really mean?  And how do you avoid burning out in the pursuit of wealth?

On this episode, Eric Forney and Michael Bounds discuss the approaches available for building wealth and how they have integrated them into their own lives.  They break down how vital it is to have investments that are paying all of or more than your monthly expenses instead of relying on a paycheck.  They also examine the pitfalls of chasing wealth for social signaling, validation or materialistic pursuits.  They conclude by talking about how to find investments you are interested in that also show promise for growth.  

Don't forget you can watch full episodes on the YouTube channel

https://www.youtube.com/channel/UCTz80Sf-vkaLV0aILIUVpxg 

If there's one thing you should always be searching for for your business, it's people.   

On this episode, Eric Forney and Michael Bounds break down how to effectively find your "missing people" in the same way that Dog the Bounty Hunter has found people.  They dive into how to test for certain traits in new hires, how to narrow down what you actually need from someone, and how to accurately tell if they can deliver on what they say they can deliver.

What small adjustments can you make in your business that cause massive impact?  

On this episode, Eric Forney and Michael Bounds discuss how seemingly small adjustments can transform the effectiveness of your business.  They break down the importance of environment and having a dashboard view of your business so you can utilize proactive solution thinking instead of reactive problem solving.  They highlight how crucial communication is in building trust with your team, and how having that trust changes everything.