The AudioBook Guide

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1. High performers value their time.

The great business philosopher Jim Rohn is famous for saying in practically every one of his seminars, “You can get more money, but you can’t get more time.” High performers understand that the most powerful currency is time and what they do with the time they have. Results are the name of the game for high performers. They want maximum results in a reasonable amount of time. The more they invest, the greater the reward must be.

Legendary management expert Brian Tracy believes “Every minute you spend in planning saves 10 minutes in execution.” I can attest to this from personal experience as poor planning leads to wasted time, wasted energy, and wasted money. The best plans still don’t go according to plan, but they minimize damage in those three areas.

Reading is not an option for high achievers; it’s a must. They schedule reading time into their business week. Whether it’s reports, magazines, or books, they know that to stay one step ahead of their competition, they need to fill their mind with new information.

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A World Health Organization-led investigation in China found that the coronavirus most likely jumped to humans through an animal host or frozen wildlife products, finding that it’s “extremely unlikely” it came from a laboratory leak.

No further research is needed to look into the theory about a leak, Peter Ben Embarek, a WHO food-safety scientist, told reporters Tuesday at a joint briefing with China in Wuhan, the city where Covid-19 first mushroomed at the end of 2019. That speculation has been promulgated by former U.S. President Donald Trump and some others.

The virus could have been introduced to the Huanan wet market in Wuhan, which many of the first Covid patients were linked to, by a person who was infected or by a product that was sold there, Ben Embarek said.

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Twitter Inc. is building a subscription product as a way to ease its dependence on advertising – a plan the social network has considered for years, and one that has taken on a heightened priority given the pandemic and pressure from activist investors to accelerate growth.

The majority of Twitter’s revenue comes from targeted advertising, which serves up promoted posts aimed at specific groups of users. That business has grown in recent years at a slower pace than competitors like Facebook Inc. and Snap Inc., and Twitter’s slice of the digital ad market globally remains at at a lackluster 0.8%, according to EMarketer.

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Ever take a math class? On the first day you were handed a syllabus that told you what you’re going to cover over the next 16 weeks.

That page or two of information probably triggered some powerful emotions. Excitement maybe? Self doubt? Fear? For me, it was the feeling that I’d been covered by a sheet of plywood and 9 tons of sand.

But then the instructor (hopefully) told you to not panic. She reminded you that if you already knew calculus you wouldn’t be taking the class, and that she was going to help you learn this stuff by breaking it down into manageable chunks.

A collective sigh of relief fell over the class, just as a trickle of sweat made it to the small of your back and right down into your pants.

Super.

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Ifthere’s anything that I have learned in my investing journey thus far, it’s been to ‘never bet’ against Elon Musk. Whenever the skeptics went ‘short’ on Tesla a vast majority of traders had lost money betting against this “extraordinary billionaire visionary”.

In short Elon Musk can be compared to a ‘real-life Tony Stark’: “Genius, Billionaire, Playboy, Philanthropist”.

But Dr. Micheal Burry who is well known for his bets against big banks during the 2008 housing market crash has recently gone on Twitter to express his views about Tesla, and this clash of the titans has Wall Street in shackles.

According to a recent tweet, the veteran investor stated the following:

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If someone truly believes in Bitcoin, it’s Didi Taihuttu.

Shortly after his father died, Taihuttu had an idea. First, he’d sell his 11-year old business along with everything he owned — from his house all the way down to his children’s toys.

Second, Taihuttu would buy a van large enough for him, his wife, and their three daughters. Then, the family would convert every penny they had into bitcoins.

From there, the Bitcoin Family would hit the road and live a minimalistic nomad life waiting for a crypto-boom to happen.

This was in 2017.

Do you need an AudioBook Narration, or do you want someone to Narrate your YouTube/podcast script, then please do check out: https://www.linktr.ee/unitynarrator

7.7%: That’s how much U.S. distillers’ annual revenue increased in 2020. Alcohol retailers bought $31.2 billion in liquor last year, up from $29 billion in 2019, marking the highest growth and sales in the past four decades, according to the Distilled Spirits Council and as reported by the Wall Street Journal.

With bars closed and few live entertainment, sports, or travel opportunities on which to spend their disposable income, consumers are spending it on food and alcohol. High-end spirits have gotten a particularly large boost, accounting for roughly 40% of the overall growth in the spirits industry last year.

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Microsoft Corp. Chief Executive Officer Satya Nadella said social-media services like Facebook, Twitter and YouTube need clearer laws and rules to govern whether controversial accounts, like former U.S. President Donald Trump’s, have a place on their services, rather than being asked to make free-speech decisions themselves.

“Unilateral action by individual companies in democracies like ours is just not long-term stable—we do need to be able to have a framework of laws and norms,” Nadella said in a wide-ranging interview with Bloomberg Television’s Emily Chang. “Depending on any one individual CEO in any one of these companies to make calls that are going to really help us maintain something as sacred and as important as our democracy in the long run is just no way that at least I, as a citizen, would advocate for.”

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India is positioning itself as a smartphone-production hub amid a U.S.-China trade war that has disrupted global supply chains and left tech firms such as Apple and Samsung looking for alternatives to China to manufacture their products. Photo: Olivier Le Hellard for The Wall Street Journal

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Udemy is like YouTube, but instead of scattered content, teachers structure videos into courses. Many of these courses are priced at $59.99 or above. However, with Udemy’s year-round promotions, most sell for $9.99.

Anyone can upload a course, and if it sells, you get half the royalties. Udemy collects the other half in exchange for promoting your course. If you want to market courses yourself, you can use referral links and receive 100% of the profits from each sale.

As Louise pointed out to me, Udemy doing all the marketing is the best and worst thing. Here’s why.

Lots of online courses sell for hundreds of dollars, and these are often self-hosted. In other words, the course creator will have their own website, run Facebook ads, and deal with customers. This can bring more stress but potentially a greater reward.

The Udemy model, however, means you might sell courses at a much lower price point, but you also might sell a greater number of them.

“Which option is best depends on what your goals are,” says Louise. “Personally, I wanted my course income to be passive, and that's what Udemy gives me. I also want them to be mass market, and I enjoy that my courses are affordable to anyone in the world.”