Learn From Us - Investing

Our guest this week is Brady Puryear, founder and CEO of Blacksmith Printing Co., a boutique, luxury wedding album production business in California.

Brady shares his story from when he was growing up and where he is at today. From overcoming drug addiction and to running his own wedding photography business at a young age, his story is one that will resonate with just about anyone. This is a good way to get a behind the scenes of wedding photography and what it takes to start something like this.

About Blacksmith Printing Co.:
Founder/CEO, Brady Puryear, started Blacksmith Print Co. out of his own frustration with the current state of the print industry after photographing over 700 weddings in 12 years. Blacksmith was built for photographers by a photographer. Since Blacksmith was founded back in 2013 they have continued to change & evolve helping the studios who work with them to thrive. Check out Brady's company here https://blacksmithprintco.com/ for more information.

ICYMI we had an amazing first live stream event with some great viewers and excellent comments, big shout out to all those that joined while we were live.

Some topics that we covered were: should you be investing back into your business, the stock market and where it's headed, and also what's going to be happening with the US election and what's to come after this stimulus comes to everyone.

What is universal basic income? Does universal basic income work? These are common questions that we have heard on this subject and want to have a to take a moment to have universal basic income explained to how we look at it.

Universal Basic Income (UBI) is, by definition, a government guarantee that each citizen receives a minimum income. It is also called a citizen’s income, guaranteed minimum income, or basic income.

Let us know your thoughts down below in the comments section on if Universal Basic Income is a good fit for the economy or something that people would consider.

We took a moment to discuss at how the recession affects business right now and how Grant Cardone had let go of 80 of his staff. Can recession be a good thing?

The news these days feels more like the boogie man than anything else. Cases are on the rise of the recent pandemic, stock market is unpredictable, and millions of people are facing unemployment struggles as records indicate soaring numbers of people filing. As we prepare for the looming recession to come to light (some say it's already happening) we prepare together for what's to come and share our insight.

We had the chance to sit down with Jacob Salem again to discuss a little more about his business and what's changed since the last we sat down with him. Additionally, he talks about some things that he is curious about with investing that Paul can assist with.

Jacob is an advertising master when it comes to Facebook advertising and email marketing with Infusionsoft Keap platform. The knowledge that we have gained over the year and half of knowing him has helped grow our brands and he has a lot to show anyone that is looking to get more knowledge in this space.

About this episode: We take a look into the current stock market conditions along with how COVID-19 is having an impact on today's economy.

When we filmed this episode on Monday March 23rd, 2020, we had no idea that economy would have been impacted so strongly by the coronavirus (COVID-19) the way that it has. No one likely saw this coming. With reports this morning that the amount of people filing for unemployment topping 3.3MM, it's hard to believe that it would have shifted this way.

We wanted to show our viewers how to value a stock with our favorite company to evaluate...Tesla. At the timing of this video, the stock value for Tesla was 609, so we take a look at what to consider when doing your own stock valuation before buying.

Stocks in the stock market right now are going through the motions as the bear market is in full swing. We wanted to take a moment to look at Tesla and a few of its competitors to show how to look at a company.

Most people, as Seth demonstrates in the video, look at the value that the stock is at and consider the company to be doing well based on those numbers that are listed there. As Paul works through the numbers and shows you what to consider before buying, you'll notice that the numbers just aren't a good fit as an investment with where they are at. This is how you value a company.

Here is how we cultivated a recession proof business plan. From hoarding cash all these years and avoiding the market to working out the predictions that we thought the market would end up at.

First and foremost that we might sound braggy but that's not what we are wanting to do. Instead we are wanting to educate what we had done throughout the last few years that have proven to be very successful for our businesses that we have. Our businesses are still going to take a hit during these times, but we prepped ahead of time especially in real estate.

We always say, that it's good to invest right and this is what we mean. You'll hear us talk about the properties that we have here in Ohio. We have everyday people right now renting from us that could end up losing their income and eventually losing their means for living where they are presently. As stated in the video, we could lose about 50% of the people where they are and still be ok. It's because we invested smart.

As we look to the future, we start thinking of the impact that is going to be happening for real estate. The FED just dropped rates a half a point, and they're expected to lower rates even further, which happens to make Real Estate a lot less expensive to own.

Black Swan Events don't happen often but our parent company is going to thrive and prosper during a time like this and took a moment to reiterate to people within the company that working with us is going to be ok during a time like this when there is a big question mark happening with the way the economy is going.

More is going to come of this as each day the markets are either up or down, but that is the nature of a bear market. Stay tuned to us as we work to bring valuable honest content as we can.

When we sat down with Nick Gargano, he decided it was time to ask an entrepreneur about goals and habits that Paul has. From the amount of books that he reads, daily habits that he has (atomic habits), and the thing that defines him as a person.

Paul explains his approach to these questions. Some of the answers are likely those that you'd never think but thats what makes this series interesting. We are always learning and based on the things that we experience of that we come across in the day to day life, that is what makes the biggest impressions.

All too often we want to get information from successful people, and we have found that this is one of the best ways to get that delivered to people. Having those motivation tips and what drives someone that has achieved success is something that we should all share with everyone. Business can be tricky, especially with how the market is doing during these difficult times with everything that is happening, but this is not the time to give up on what you want to be doing.

Here is some information to all investors regarding the state of the market and the issues within the economy from the latest press releases of whats been going on around the world.

If you have been following the news (and most of you likely have been over the last few weeks), there is a certain fear between the correlation of the pandemic of Coronavirus and the market that people are speculating on.

There is a saying from Warren Buffet that we've read about before saying: "Be fearful when others are greedy, and greedy when others are fearful." He spoke these words back in 1986 during a shareholder meeting. This happened to have been said a year before the now coined "Black Monday" stock market crash of 1987, where the markets plummeted over 22% in just one day.

We've now had many regulations in place to reduce the risk of another one of those days happening again in the market. But this past Monday, March 9th, 2020, the day that we were filming this, it was calculated that the markets dropped 18% in just three weeks. We had even seen that today these regulations were put in place when the market hit -7%.

Many people these days are blaming the state of the economy on Coronavirus, but thats just not the case. We look at Tesla especially, because there was a 30% dip from its highest point back in February to today and that isn't just from Coronavirus. These market fluctuations are stemming from overvaluations on stocks and it just has to happen. Now did the Coronavirus happen to kick start everything, possibly, but it's not the whole issue.