So usually people that get themselves into trouble with social media posts are writing a post in anger.
This is really stupid, and you should be able to always stand behind your social media posts.
So make sure that you can stand behind what ever post you put out there on social media.
Also make damn sure that you know what your employer will allow you to post, so you do not lose your job like some real idiots have been doing for a while now in this BLM mess.
Do not threaten people, do not call them names, debate and post in a smart way.
Then be also smart, if you work for a company who hates republicans ,then do not post about politics, it will just get you into hot waters with your employer.
A lot of people talk about the first amendment(freedom of speech) rights that our founding fathers came up with hundreds of years ago.
BE VERY CLEAR ON THIS, MANY COMPANIES DOES NOT ALLOW YOU TO EXERCISE YOUR FIRST AMENDMENT RIGHT, IF YOU DO NOT THINK LIKE THEY DO, THEY WILL SHAME YOU AND CHASE YOU OUT, THIS IS THE REALITY OF WHAT THE AMERICAN MEDIA IN 2020 HAS CREATED HYSTERIA, THIS IS WHAT IT IS CALLED IN MEDICAL TERMS.
If you know that you have problems with controlling yourself when in comes to social media posting, then delete all of your accounts, at least for awhile.
So it is funny to see people like Kristen Doute and Stassi Schroeder getting axed from Vanderpump rules the bravo hit tv show.
And it is quite funny to see people like Andy Cohen being so casual with the cast being fired years after some altercation with another co-star.
So there are no real friendships in the Vanderpump rules cast, it is just cold hard cash that is the religion for these so called tv-stars.
And the host Andy Cohen shows his true colors when he trows Kristen and Stassi to the wolfs.
Now we do not take sides in this story with the co-satar on Vanderpump rules,simply because we do not know the full story of the incident, but it is the firing for something that happen years ago, that is quite funny actually, and really shows how the hysteria has taken over in Hollywood.
This shows you if nothing else that the reality tv is complete BS the so called friends will not have your back one bit, if push comes to shove.
So in this purge that is going on in the media and on social media you truly get to see the true colours of people.
There is those who stand by you and then there are those who trows you to the wolfs the first chance they get, to save their on behind.
So this purge will go on for a few more months then it will die out when hard working honest Americans have had enough of this BS, but take notice to how your co-workers and bosses and so called friends behave around you.
Do they have your back or not?.
It is in times of crisis that you can see with your own eyes, who you can trust and who you can not trust going forward with your life.
So as we have mention in the past, we will start to see a big decline in the real estate prices in the US during this years 2020.
And now after all these horrible protest people are starting to realize why Texas and other states are better at protecting their citizens compered to California and NYC.
This is also one of the reasons that Joe Rogan the comedian,pod-caster and UFC commentator is considering moving to Austin from the Hidden hills.
So we can see clearly that the houses with a price point from 2.5-5 million dollars will drop a ball park 25% this year in value in LA.
la county
So how should you think when you are looking at buying a house in Los Angeles in 2020 as a first time home buyer.
If your job and your family is there, and you need to live there and you want to buy a house, then you should look at buying in the VALLEY, so the Fernando valley(yes we know it is a bit warmer than the 90210 zip code) but the prices are 1/3 compared to the 90210 zip code(Beverly Hills).
So the Toll brothers builds really nice turn key houses for 1.4-1.9 million dollars in the Valley area.
So if we would buy a house today in Los Angeles we would buy from the Toll brothers a turn key home in the VALLEY.
If you look at the Hollywood hills for instance and you drive up from the Sunset boulevard there is no security in the world that can stop an intruder when you have so many hiking trails and mountains.
If you have ever seen the movie Heat with Al Pacino and Robert Deniro and Val Kilmer among many other really good actors.
In that movie there is a hit on the banker the owner of the bearer bonds that where jacked in the robbery, and the hitter comes from the slope mountain side into the glass based living room.
So what would happen if 20 cars start to drive up into the Hills and robbing people blind.
And there is no police near you to call (defund the police).
So this is why the VALLEY is a better option it is a bit to drive from Down town Los Angeles.
So when you on the hunt for a a first family home in the LA area, we would recommend the Valley to anyone.
The one thing you always have to remember in a expensive market like the California real estate market it, make sure you do not end up house poor!.
House poor means that you have no money for anything-else than food and your house.
So never ever overspend on your first house purchase.
Because when you are on the younger side you want to do things, and thing usually cost money unless you love going hiking.
So a lot of clients have asked us what a reasonable marketing/ad budget should be in a recession.
So we usually recommend that you spend 3% of your total turnover on marketing when we are in a recession.
So if you have a 500.000 dollar turnover a year business, then you should spend around 15.000 dollars of that on marketing for your company.
This 3% is a good rule of thumb in a recession and when we are in a bull market then you can raise it to 5% a year.
Because marketing is the key to attract new business, so everybody who is looking to grow the business needs to market their business one way or another.
Then some clients ask us, what are the best ad plattforms to use when you want to market your business.
So we recommend an equal four piece split for all marketing campaigns.
Number one use google ads, since google controls so much of the search engine traffic.
And with Google you should talk to someone who understands the google ad-words program, it will save you a lot of money if the keywords are targeted properly.
Second source for marketing should be Facebook ads, it is less likely to convert into business than google ad words, but it is a cheaper plattform to market with.
For your third marketing plattform you should use Youtube because the moving picture ad market are growing, and has been growing for years.
The fourth aveny for marketing should be with local influensers who can boost your business to potential customers in your town,city or region where your business is located, because you want to have local customers as much as possible even if you sell online.
So this is one way to go about marketing your company for growth purposes.
Thank you for reading and take care of yourselves .
So if you own a property in Los Angeles or in the New York city the bad news is that it will go down in value during the next 36 months time.
So then you say how do we know that?, the reason is simple and we have touched on this topic in the past.
The answer is remote work or digital nomad, you can call it what you want.
The Covid-19 crisis has stress tested companies and the abilities of the workforce to work remotely/ from home, instead of coming into the office every day.
And the answer is crystal clear, that many employees wants to work from home.
In the past many companies have been reluctant to let employees work from home, but now they have cold hard facts on their office table and in the board rooms, that this actually works well, much better than they had ever hoped it would.
And the benefits are simple, you dont have to commute to work, you can eat at home for lunch and you get to see your kids and your pets much more, than you do during a normal work day when you have to get yourself to and from your office.
Of course not everybody can work from home/remotely , but 90% of all office workers can work as digital nomads.
This will now also become a negotiation question to be able to hire talent and to keep talent at many companies.
So besides the benefit package, the remote work possibility will be one of the biggest asks from employees to sign up with an employer.
And this factor alone will mean that a lot of young people and also some 40+ years old will leave to cheaper citys outside these mega citys.
So let us give you a very good example of this.
You are out with your wife looking at a house in the Hollywood hills and you find houses from 2 to 4 million dollars.
Then you look at the same house in Henderson/Las Vegas and the price is 700.000 dollars for the same type of house with the same lot size.
We took Vegas as an example , when we compared to LA , of course there are smaller towns in California that you can have really high life quality in.
But for the sake of the conversation, Vegas is a big enough city compared to LA that you find all entertainment there that you do in LA.
Now some might say that living in Vegas is not as much fun as living in LA.
We want to put it like this, how often do you get to the beach in LA if you dont live in Malibu,Santa Monica,Venice or Orange county.
And your decent size homes starts from 4 million dollars and upwards in these beach size communities.
Then the second issue with LA is the traffic on the 405 or wherever you need to go, the roads are always jammed up.
So you are not gonna drive to a friends house from the Hills to Malibu for a cup of coffee in the evening.
This is something you might do in a smaller town where you have anywhere from 5-20 min to get to your friends house.
Then when we are talking about New York city you will pay 3000 dollars for a studio apartment on Manhattan and you will get 400 sq.
mrlifeadvise.
For 800 dollars you get a two bedroom apartment in a smaller city outside of New York city.
So a lot of young people WILL NEVER MAKE THE MOVE TO THESE MEGA CITIES, but as we said also older FOLKS will look at remote work as a great way to increase their own and their families life quality by moving outside of these mega cities.
And we are not talking about just moving to the Valley in LA.
Because the Valley is starting to also get very expensive.
And by the way so is Brooklyn also in many places these days.
Even Bronx are starting to see higher rental prices in some areas.
So this is a trend that will continue for at least the next decade.
So this is a trend that we will not be able to reverse any time soon.
And this means that the hey days are over for the real estate markets in the mega cities but also in bigger cities.
So this is also one major reason that California is getting drained of tax payers that are fleeing in hords to Texas and down to Florida, this will be looked at in another article soon in great detail.
And California prices on real estate will keep going down hard during the upcoming 36 months time.
After that they will start to stabilize a bit.
And of course if you can afford your current mortgage then you are not in any trouble.
So you might want to hold off on buying property for a few millions in the next year or so, so you really see where the prices are heading.
But we will see a foreclosure tsunami in the next year or so in these mega cities LA and New York, because the buying power simply wont be there.
So a lot of our clients have asked us this question why the stock market is only down 5% compared to when the COVID-19 hit the world, and the market was at a ATH, all time high.
Okay so the short answer is that there is a lot of big companies being traded like AMAZON,FACEBOOK,APPLE,GOOGLE,TESLA and so on, and they keep going up.
The longer answer is that a lot of heavy players are sitting liquid right now and that scares us a little bit.
And of course a lot of stocks have been slaughtered in the process.
And some stocks have gone down from 50 dollars to 10 dollars and then jumped up to 20 dollars, so the people that owned them at 50 dollars are down quite a bit , but the people that bough at 10-13 dollars are up a good chuck of cash.
So Boeing is a typical example of a stock that went down a lot, and when the rescue package came it jumped up over 90% in a sort period of time.
So basically the stock market has a lot of smaller buyers right now , and the big elephants are sitting liquid with cash to maybe make a long game play in early September.
So when our clients ask us what they should do, the answer is quite simple, we dont know, nobody knows where the market is gonna go from here.
If we do not have a lot of Covid-19 cases in the second wave in Sep-Dec there is a big chance that the stock market will jump up again overall, and if we have a lot of cases then the market will most likely go down quite a bit.
So usually the rule of thumb is this, if you have lost 60-80% in value of the stock you own, then you should ride it our to when it goes up 20-40% and then sell.
Because there are studies that shows that more often than not when a stock goes down by more than 60% then it takes a very long time to get back to where it was at the ATH.
The expectation can be when you have a special circumstance like the COVID-19 to deal with and in these kind of special cases a stock can bounce back in a year or two.
If the underlying valuation was accurate before the special circumstance happen.
So looking 100 years back the stock market has been a good place to keep your money growing.
But in general if you time anything wrong including the stock market you can get into a lot of trouble.
But this is why the market is so up and down right now.
But there is still a lot of belief in the future and this is why the stock market is not as bad as you would think even with the Covid-19 crisis.
So folks, if you believe that this BLM and defund the Police stuff is not gonna hurt NYC ,Minneapolis and California, you are very wrong.
More and more tax payers are seeing where this is headed, and this is the reason why people are choosing to leave and take their businesses with them.
So we have to congratulate Texas for being the big winner in all of this chaos.
You will get more tax payers coming in to your state but also more jobs since many businesses are packing up for good from California, Minneapolis and NYC.
So because the real estate is at a decent level in Texas compared to California and NYC that is just straight up nuts, these days.
So when you want to keep your family safe, and be able to live in an open carry state then you choose Texas for you and your family, make no mistake about that folks, Texas is the big winner here as a move to state for the next upcoming 5 years at least.
Everybody with eyes and a working brain understands why the gun sales is true the roof these days.
So you can expect a massive amount of hard working Americans and also hard working business owners saying enough is enough.
I want my store or business and my family to be safe so i choose to make an active move and leave my not so safe state, and mu nutty politicians behind.
So here comes an update 2020-07-03, there has been today a new study realized that shows that if this drug that has been around for over 70 years time, within 48 from when a patient is hospitalize this drug really work well.
So what do you say about that Dr.Fauci?.
President Trump was right all along, will you accept that Dr.Fauci or will you run and hide, and ask another lock down to be issued.
So once again folks you see that these so called (experts) are more wrong than they are right.
So this is really good news.
So a lot of people have been asking US this week about the hydroxychloroquine and if they should take it as a precaution , to protect against CATCHING the COVID-19, and we dont suggest you taking it in advance since it has several side Effect that are less than nice to get.
So for medical staff that gets a lot of aerosols in the air they breath when treating COVID-19 patients, yes we would use it if it was us treating these people, since you can see that several doctors and nurses has passed away from long-term exposure of the COVID-19 corona virus.
But for a normal person there are side Effect to this malaria drug, and we have one member of our team who has used this for lupus and malaria over the years, in the 1970s and for sure you can lose your hair (go bald) and you can get a lot of other side Effects, and it can affect your immune system.
So there is a risk here involved, do you take it as a safety measure to hope that you dont catch COVID-19, or do you NOT use it unless you actually catch the COVID-19.
So to all of our clients and readers, we can only tell you what we would do in this case.
DISCLAIMER: Everybody is responsible for their own health.
If we would work with COVID-19 patients we would use this drug as a safety measure.
If we dont work with CODIV-19 patients we would not use this drug unless we catch the virus, then we would use it!.
Also be very careful with fake drugs , now when people starts buying this online.
So good night American brick and mortar stores with glass windows.
This is unfortunately the cold hard truth that we currently live in these days.
So even before these so called protest it was tough to fight off Amazon and Walmart as a brick and mortar store.
You still survived because of people from 40-75 years old still frequently visited and still liked to shop in person.
So young people these days under 40 are used to buy online and they will just continue to do so.
But also older people will and is learning to shop online.
This situation will unfortunately now lead to 90% of our purchases to end up with Amazon and online or from use box stores like Walmart.
Many stores that where destroyed in these so called protests will never open up again.
And here is the kicker with all of this, these stores are the once that also hire a lot of younger people out of college or high school so if you think that the unemployment numbers where bad for young people before the Covid-19 crisis and these riots, think again how bad it will be in the upcoming few years.
So nobody and we means absolutely nobody will open a new brick and mortar store ever again.
Yes this is a slight exaggeration, but besides big chains and box stores no private person will open a window based store after this mayhem that we have seen in during the last week.
So if the situation was not horrible after the COVID-19 crisis this protest crisis has killed the future of brick and mortar stores pretty much immediately.
So we are living in really sad times where there is not much law and order on our streets these days.
So why risk your financial future by opening one up, just to see it get looted or destroyed.
So this is something that a lot of our clients have talked about during the last 24 hours time.
So we will break down the deal for you into detail here and give you our opinion on this move, both from Spotifys side and from Joe Rogans side.
So the deal is record breaking for both parties.
It is said to be worth a ball park 100 million dollar in total.
So here are the pros for Spotify in this deal.
No1: They get the biggest podcast out there and they get the full library material from the podcast,dating back almost 11 years.
No2: They get a guy with a lot of hardcore fans, and many of them will sign up for a Spotify subscription in the beginning.
No3: They are making a market splash with this kind of groundbreaking deal.
And here are the cons for Spotify in this deal with Joe Rogan.
No1: They are buying on the top so to speak, the podcast in peaking in everybody’s mind that knows showbusiness inside and out.
And it is very likely that the podcast in on its way down from this record breaking level that the podcast is on today based on viewer count, for no other reason than people get bored pretty quickly and that happens with everything sooner or later, and the feeling is that the show is peaking or even have peaked.
No2: The questions here is how many people will actually sign up for a Spotify subscription , even if they like the Joe Rogan show.
So this is a big gamble where the hope is that it will pay off but it is a 50/ 50 coin toss in our minds, because people do not like to pay even if the price is 10 to 15 dollars a month, if they are used to watching something for free on You tube.
No3: We do not believe that Spotify really understands that a lot of people just watch the JRE clips on You tube and not the full podcast that can be up to 3.5 h in some cases.
The risk here is also that if clips are allowed on to You tube, many of the potential subscribers to Spotify might just watch the clips of the JRE on You tube instead of signing up.
So giving the rights to JRE to put up clips onto You tube does not seem like a smart business idea from the Spotify deal makers side.
And the question here is based on certain things that Spotify has done in the past, have they really ran the numbers on how many are just watching the clips and how many are actually watching the whole podcast.
No4: Spotify takes a huge risk in paying Joe Rogan so much money that others will also ask for a raise.
Considering that Spotify is known not to pay the talent very well in most cases.
So it is a little bit like opening up the Pandoras box, when this kind of money comes into play.
No5: Booking new interesting guest?, because the podcast is on so much it becomes harder and harder to find new guests for the show.
And even if it is fun to see Bravo and Schaub from time to time, having them on so often also proves that it is difficult booking interesting guest also to the JRE show as well as for many other shows and podcasts out there
So here is then the pros and cons for Joe Rogan with this Spotify deal.
No1: SHOW ME THE MONEY!!!, so this one is quite simple actually this was to much money to turn down, Joe will create generational wealth with this deal and his grandchildren are set for life.
No2: He gets even more evidence that he is the king of podcasts right now in the whole world, which will boost his ego even further.
No3: You tube has started to demonetize his shows when the topic is sensitive in the mind of You tube.
And the hope that Joe has is that Spotify will allow him to make the show on his own terms, without having to take You tube into consideration, as it stands right now.
Now the chances for this is slim, since Spotify is a publicly traded company and they need to be very careful on what they put out there.
So Joe will be censored also on Spotify, and it will be subliminal asks, like do not talk about that topic PLEASE!.
No4: Joe will become more legit and that could mean more A-list celebrities onto the show.
No5: He can stop working for the UFC if we wants to, he has made f#ck you money.
Here are the cons for Joe Rogan with the Spotify deal.
No1: He will lose a lot of viewers, by moving from Youtube to Spotify this will be a guaranteed.
This is the same for all things that are free first and then later you have to pay for the same service.
No2: He will have to stop drinking and smoking on the show(he now works for a publicly traded company).
It simply will not be accepted, to continue doing so on the show.
No3: He will get issues getting certain people on to the show, who maybe came on because it was a bit underground ,but now when it is part of a large cooperation that might not interest all guests.
No4: Having bosses will be a difficult transition, because nobody and we mean nobody pays 100 millions dollars and does not get any control over the product, regardless what is said to the public when a deal like this is signed.
And these will be bosses that are anywhere from 10-20 years younger than Joe is.
No5:This is a big one, what happens? if there is a falling out between Joe Rogan and Spotify during the next few years.
Let us for the sake of the argument say that the viewers drop by 70% over a 3 years period, will Joe be able to buy his show out from Spotify and go back onto You tube on his own?.
So as the deal stand today, this is a good deal for both parties, but it has certain risk associated with it too, for both parties.
So there is no clear winner in this deal at the moment.
Both parties get what they want out of this deal, Joe gets generational wealth coming from a humble upbringing that is a huge thing.
Spotify gets to make a large splash on the market and this can drive up the stock price short term at least.
So no Joe Rogan is not selling out, he s cashing in at the peak of his career and he is giving up a lot of control over his life regardless f we understand that or not.
The one final note in all of this is that sometimes Spotify has issues with the layers of Audio, and this is a bit scary to us, when you consider how easy it is to just watch JRE on You tube these days with great audio from Young Jamie, as the sole technician behind the JRE show
So let us explain this in detail for you so you understand what we are saying about a possible vaccin for Covid-19 is at least five years away for mass use.
So let us look at some other virus diseases out there in the big bad world.
So we still do not have a vaccine for Hepatitis C, which is a serious infectious disease,(Blood disease).
Where your liver is highly affected in a negative way if you catch it.
And there is no vaccine for the HIV virus either.
And we have been researching these two viruses for over 30 years time.
And we are still not close to a vaccine for any of these two viruses.
And every researcher knows that you will get the nobel prize in medicin if you come up with a vaccine for any of these two viruses.
So the PM:Boris Johnson in the United Kingdom /UK/England, has told people that we have to start to re-open, because we dont know when a vaccine can be ready, and maybe it will never to market!.
Yes there are over 100 labs looking at creating a global vaccine against the COVID-19 virus.
But it does not means that the more the merrier in this case.
Of course researchers working together globally is great, but this is nothing new, the same thing can be said about the HIV vaccine.
An interesting fact is that our best flu vaccines today in the world are only 40% efficient.
So probably a Covid-19 vaccine would be ball park the same,but one could hope that it could be at least 70% efficient.
Of course we all hope that we can create a safe and cheap vaccine to make sure that we do not lose any more people to the Covid-19 virus.
But we also have to separate our hopes from the reality that we live in today.
And there is very little that speaks to us being able to come up with an vaccine inside the next 12-24 months time.
And we are pretty sure that we will hear for many years to come that we are on the brink of a solution, the same way we have heard about the HIV vaccine for the past 20 years time.
So do not hold your breath and do not plan your life sitting at home for a period of 12 to 18 months in the wait for a vaccine that might never come , or maybe can be ready with a lot of luck in five years time for global mass use.
As a company who do global consulting in many businesses, we have a good insight into the medical community, and nobody we talk to on a high level believes that we can solve this issue in under five years, 5 years is a reasonable time frame for a vaccine if we are lucky.
But let us hope and pray that we get blessed with a vaccine inside 24 months time.
But we have to start living again, even without an efficient vaccine out there.
Thank you for reading.
Mrlifeadvise.
Life and business coaching at its best!
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mrlifeadvise is a business consulting company specializing in smaller and medium sized companies.
We have 60+ years of experience from building companies, and we have created over 10000+ lasting jobs during that time frame.
We will help your business with good advise, regardless of what business branch you belong to and regardless of what part of the world you are active in.
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