People are the Point
One of the single greatest things you can do in life is to find your tribe of people. Whether you call it a network, clan, tribe, crew, or family we all need one. We need a group of people that push us, challenge us, inspire us, and accept us. When chosen properly they make us better then when we are alone.
You can’t do anything worthwhile without your people. People are the point.
The right people will change your life!
Notes that Resonated
God’s plans are always bigger than your mistakes
“Do not be afraid” is repeated 365 times in the Bible
If you’re too “successful” to serve others you’re not really successful
Be available for interruptions -the human connection is always worth the interruption
People are the point
Hire for potential, not experience- (intelligence, work ethic, integrity, grit)
Coach the team, love the people
Connect with your team weekly- make sure you know their highlights and lowlights always
Where can you add value to them this week?
Things to read
A NEW YORK TIMES BESTSELLER
This book explores what makes conversations work and how we can all learn to become super communicators at work and in life.
Podcasts to listen to
3 things you can learn from billionaire leader Dan Cathy of Chick-fil-a.
Videos to watch
Every idea is stupid. (According to Marc Randolph, Co-Founder, and former CEO of Netflix) But through testing and diligence, some ideas can blossom
Marc Randolph is also the author of the international bestseller, ‘That Will Never Work' and shares his POV on entrepreneurship and making ideas work.
Top Quotes
A goal is the fastest path to go from where you are today to where you want to be tomorrow - Jeff Acuff
“When helping others becomes the framework through which you interact with the world, you will find yourself at the top of mind of others.” - John Halle
"Let us all be the leaders we wish we had." - Simon Sinek
Mortgage Market Update
Everyone is excited about the huge drop in the 10-year over the last couple of days. I see people posting all over social media about refinances, recessions, and potential home buying frenzies that are yet to come. Volatility in the market is always a problem no matter which direction it goes. Some interesting points to understand what’s happening:
Last week the 10-year dropped 40 bps, the largest drop since 2008
Warren Buffet is now a larger holder of US bonds than the Federal Reserve (Buffett owns 277 billion and the Fed owns $195 billion
Warren Buffet sold approx. 55% of his apple stock
Berkshire is sitting on the sidelines flushed with cash
Unemployment rises to 4.3%
Jobs report number adds only 114,000 new jobs (below the 175,000 forecasted)
Wage growth fell
The market is currently pricing in an 88% chance of a .25% rate cut in September. Some are suggesting .50%
The Japanese market is unwinding a complicated economics strategy (“Yen carry trade”) that is thought will put pressure on the US markets. Japan is raising rates for the 1st time in 15 years and “free yen” loans are coming to an end. This is causing major drops in the stock market all over the world.
Things to discover
Cool places to see in Iceland. Iceland is one of the best trips you can take!
Strawberry Topo Chico Margarita