Premier Roofing Week 2 and 3

Sorry to keep you guys waiting on the update for my internship. I was out of town for the holiday weekend so my week 2 and 3 were discontinuous so I decided to group them together as best as I could. Overall week 2 went alright, I was out on my own going door to door and managed to make 2 sales that week while still putting a lot of time and effort into my training. I was still without WI-FI so that was rough, but my roommate also arrived in town so at least I wasn’t alone anymore. Week 3 is where I hit a stroke of luck. I managed to get 2 more sales and I sold a group of 6 rental properties bring my total up to 8 for that week! I was awarded the “Ace of the Week” for premier roofing and earned my rookie stripes (10 total sales). In addition to 8 sales I also had a PFYNR (prepare for your new roof meeting) where the customer and I discuss the two estimates and pick shingle colors etc. That earned me a little bit more for that pay period! That impressive performance and a little bit of luck that week earned me $1000 and some cool Knick knacks from the company.

As I am coming to the end of this week’s pay period (Thursday at midnight) I am not really looking at a big week like I had before. I have several potential sales in the pipeline and a PFYNR scheduled for Thursday afternoon. As of now it looks like I’ll be under my draw ($500) this week unfortunately. This may work in my best benefit however because this next pay period is looking quite juicy, several PFYNR’s, several sales in the pipeline, a sale already scheduled for Monday etc. I may be trading a poor week for a stellar week. Unfortunately, I still have plenty of ground to make up, as of this paycheck on Friday I will be $1500 short of what I was making last summer, granted that is to be expected in your first couple weeks as you aren’t making nearly the sales or the higher commission portions of the process in your first 2 weeks. I would like to see this next pay periods paycheck north of $2,000 though as I have investments to make, money to save, bills to pay, and necessities to buy. If you’ve been keeping up with my Instagram posts you can see I have some ambitious goals to tackle this June and I am trying to fire at all cylinders always to achieve that. To name a few, $25k net worth, $1000 savings, 30 sales and 200 notes for lending club. We’ll see what I can do to achieve that, I believe that since this is my last week of time consuming training for work that I will be able to better invest my time into passive income efforts, this blog and making wise investment choices.

As always feel free to leave a comment below!

B^2

End of April- Mid May goal review

Hey everyone, sorry I haven’t posted in awhile life has been hectic per usual and currently trying to adjust to my new schedule, job, location, current living conditions etc. all at the same time. I’ll get into that at the end of this article but first let’s dive into what brought you here today.

My previous goal review post left you all with this update

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I made some progress in the last portion of April despite initiation, classes, tests etc. and I ended here.

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Main differences are a small bump in visitor s and IG posts however both fell short of their mark. Side money dropped significantly because I included my losses from options trading. I pumped out another 3 blog posts and 2 more clicks on amazon affiliates which was amazing to see.

All things considering, I would call that a strong finish to April considering what all was going on. Now let’s get to May and how crazy this month has already been. Here were the goals I set out to reach.

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All of these were like what I have been striving to do this entire year nothing out of the ordinary, but wow did the train get derailed or what. First, I had dead week and finals coming up in early May both of which are incredibly strenuous and busy with schoolwork, tests, projects all coming down on the final two weeks of class along with all the social events of initiation, 21st birthdays, senior wills etc. etc. Then there was moving to Kansas City and my internship. Both of which have been huge adjustments. For one I have had all sorts of problems with moving into my apartment (had to do that a day late and ran errands all Monday to get that sorted out.) I still do not have Wi-Fi in my apartment, so I am writing and posting this article at a McDonald’s booth. My new job is very different from anything I have ever done in my life. Door to Door sales is in a world of its own and after completing my first actual day on the streets I can say without a doubt that I need to practice more before tomorrow’s door knocking. This has required lots of training outside of my working hours which cuts into Bsquared time. After all of that considered here’s where I’m at.

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This was updated as of tonight and reflects the two weeks I have put into these goals. Unfortunately I did not make it as far as I wanted. I also don’t know how much I can progress this summer, I am hoping that once I get the internship down and I have less memorizing and practicing and some Wi-Fi in nmy apartment I will be more effective in my blogging world. I also plan to bring what I have gained and learned from this internship to my viewers and try to bring some value to your experience here on this site.

Thanks,

B^2

Who I follow on YouTube

YouTube, the video –sharing site that is owned by the titan Google, has stood the test of time as far as far as modern social media is concerned. YouTube is a wonderful place to have a few laughs on, learn new things and watch step by step tutorials for your everyday problems, or listen to your favorite artist and see their newest music video. I will primarily go over the learning/education side of the YouTube.

A few weeks ago, I made an Instagram post about whether you use YouTube for entertainment or education and if that ratio is more to the entertainment side you should reconsider the use of your time. The amount of information I have learned from watching YouTube videos is astounding and here are some channels you should check out that I personally follow.

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For all things entrepreneurship and business related I turn to Patrick Bet-David on the Valuetainment channel. As the name suggests his goal is to provide value to the viewer drawing from his own personal success in entrepreneurship and business. They recently took a break from YouTube for a bit and revamped the objective and mission of the channel and the information he brings to the viewers is incredible. If you are at all interested in entrepreneurship or business I highly recommend checking him out. He provides great content and worksheets to the viewer to aid in self-improvement.

The next channel two channels I follow talk about the stock market mainly. Nate O’Brien is a young investor that brings ambition and passion to his channel as he talks about investments and relates well to my generation and age group. The other channel I follow for stock market education is the Financial Education channel. Jeremy from the Financial Education channel has written two books that I have read and has several programs that educate its users on the stock market, passive income, and options trading among other things. I would highly recommend these two channels if you are interested in stock investments, budgeting, passive income etc.

The last two channels revolve around real estate, motivation, and entrepreneurship. Grant Cardone is a world renown sales expert and has developed a real estate company with over $750 million in assets currently. Meet Kevin is about Kevin a real estate agent in California that provides value to the viewer by revealing the tips and tricks of real estate and exposes lies and clears confusion said by other “experts” in finance and real estate, these include Grant Cardone, Dave Ramsey and several others. These two channels help educate me on real estate and motivate me for any side hustle endeavors I have.

I primarily watch these YouTube videos in binges or if I am seeking information on a subject. Rather than watching tv or Netflix or YouTube for entertainment purposes I watch these education-based channels and learn more to further develop myself. Only problem is there are never enough hours in a day as you can see from the subscription box up above. I’m sure I am missing some great education-based YouTube channels out there so if you have any suggestions on who to follow please let me know!

Internship update

Hope everyone’s spring is going well. This past week I accepted a position at Premier Roofing in Kansas City as a salesman. This is very odd position in comparison to my previous internship/co-op as I worked in engineering disciplines for Caterpillar and Samtec. I am excited for the opportunities that lie ahead. I believe this internship will allow me to continue to expand this blog and any side endeavors I soon pursue. This internship will also set me up for a technical sales position that are popular in my field. The commission-based pay will also cater to my work ethic and determination and I hope I can make the most of the opportunity given to me. I also gained experience as head philanthropy chair when I talked to t-shirt sponsors which I believe will benefit me for this position. I will keep you all updated as things progress my hope is to walk out of this summer with a strong sales position experience and I have enabled my free time to the best of my ability to create another source of income or success. I also hope to invest my earnings to further diversify my portfolio and to set myself up for success during the coming school year and post-graduation.

Please leave a comment below if you have any questions!

Dividend update 3-26-18

I came to you guys almost 3 months ago with an overview of my dividend income and situation. Back then I was bringing in approximately $150 a year in dividends from Robinhood and with all dividends and interest included I was bring in a little over $20 a month. Today this is what we are looking at.

div update table 3-26-18

The above table tracks my dividends from multiple platforms (Robinhood, acorns, and stash) as well as interest I receive from Robinhood. As you can see there is a general trend upward and although there were some bad months (January) I receive upwards of $20 a month in dividends. Here is the table in graph form, the blue represents 2017 and the red represents 2018. As you can see March 2018 has been my best month to date with $31.68, or about a $1 a day.

dividend update 3-26-18

Below is another table tracking my dividend stocks in Robinhood. As you can see I am now making approximately $200 a year in dividends not including stash dividends or Robinhood interest. This equates to approximately 2.5% return on my portfolio in dividends.  I also have small positions in some very high yield dividend stock such as CEFL, CBL, and OHI. I am looking into increasing those positions moving forward and cost averaging down when I can, to increase actual percent yield which is calculated in the table below.

div table 3-26-18

Overall, I am impressed with these results as I have been taking my foot off the gas in terms of investing in dividend stocks. I have been looking more into higher potential returns than higher dividend income recently and we will see how that pays off in the future. Currently my largest position is down big right now (~$750) as that comes up as I expect it too in 2018/2019 and I can funnel more money into my investing accounts I will keep you all updated on my stock portfolio and my dividends.

Please leave a comment below!

B^2

Status Update 3/12/2018

Hey how’s it going everyone hope you all are well.  I just wanted to give a quick update on what is going on with my life right now. If you’ve been keeping up with the biweekly goal analysis you know it’s been a crazy couple week and I’ve been super busy.  I can say nothing has changed on that front, I am in the middle of our big St. Pat’s party week right now, followed by a hard week of school with tests and then spring break. From then on, it’s still going to be a wild ride to the end of the semester. Because of this I’ve been putting the blog and Instagram on the back burner for a little bit. I was consistently working 16-18 hours a day between school, fraternity, philanthropy, rugby, and my personal endeavors and it was slowly killing me. Soon I plan to refocus my Instagram efforts and get the blog some better tools retain my audience (mailing list, email newsletters, more Facebook ads etc.) but I simply do not have the time to make that commitment all the way. On a positive note I have an internship more or less locked down for this upcoming summer its actually a sales position which is very different from what I am use to or expected to do, but the experience and income should be very beneficial. I think the unique schedule I will be working will also help with this blog, and my other endeavors so hopefully that leads to some explosive growth this summer. I was also considering changing the focus of the blog entirely, as it sits now its me sharing my financial journey, but I guess it’s boring right now to be frank. I’m not making many moves right now since I haven’t had any income since August. I am reading books and learning about successful people and how to be successful and am reading a lot of motivational content so maybe that may be a temporary route I go. As I said above its been busy and we are in a holding pattern right now so hold tight while I get my life together.

If you have any suggestions, ideas, content to talk about, or products to aid in some of my problems stated above let me know!

B^2

End of February Goal Analysis

Man, that was a quick one, a very short and busy month let to some disappointing results but lets not beat around the bush and dive right in.

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Looking at the Instagram items, posts and followers were close to the target, again it was a too little too late scenario and its hard to make up for the days with no posts. Overall, I’m not disappointed with this one, I put a lot of effort into it and it was very close just didn’t want to compromise my content for hitting the target, but I may have already… more on that later. Moving to the blog objectives, 40 blog posts and 400 visitors, yea neither of those were going to happen. Had I continued pushing the paid advertising as hard as I did the first half of February then maybe, but without that the views are organic and very low. As I have said before, writing blog posts requires a lot from me, I must be in the mood and mindset to write these up and if its not there then the writing quality is trash and it’s a slow process.

Related to the blog is the mailing list, and I looked at a plugin for it on WordPress, but I don’t think it was ever implemented, at least when I went on the site I never found a form to fill out. Again, related to the blog, affiliate sales still have never took off, of course its much harder with low traffic on the site. Same applies to the Shopify referrals, I had 10 clicks through the site and I never had one go through with the full signup process.

Changing gears again we look at the two book goals, Sell or be Sold, and Rental Property Empire. I finished and posted on Sell or Be Sold, terrific book, great content, it may have persuaded me to take a sales internship this summer, updates to come soon on that. Here is the link for the article though, check it out! http://bsquared.website/2018/02/28/sell-or-be-sold-how-to-get-your-way-in-business-and-in-life-grant-cardone/ I just started Rental Property Empire tonight actually, so far, its pretty basic information I already knew hopefully it picks up in fresh content though, approximately 15% through it.

Last two girls include credit cards and interviews. Despite the check marks the credit cards didn’t get paid off the way I wanted them to so that was rather disappointing, as far as the interviews, the Spring Career Fair at my school was rough this year. Lots of full-time and co-op opportunities but not much for summer interns so that wasn’t good. I did get 2 interviews though, one for the sales rep and one for a steel company. There may be more opportunities coming up but that’s all I have right now.

About the Instagram issue noted above, I have two screenshots from my account tonight. You can see there is a strong inverse correlation between action and discovery and I don’t know why. I have been posting frequently (probably too much but was going for the goal) and I think that may have something to do with it. But I am looking for more link clicks, engagement, and followers. I am getting them slowly but surely, but I would like to master Instagram to deliver the best results for my blog.

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Looking forward March is a crazy month at my school. I have 2 tests next week, St. Pat’s, another testing week, then spring break. My philanthropy week is also soon after in April and my team and I are putting in tons of work lately to get that all ready to go. I have made accommodations to my goals by covering the whole month of March in this next set. Hopefully I can deliver stellar results to make up for the last couple disappointing performances. At first I set the bar relatively low for my goals, the more I looked at them the easier they looked and I decided I needed to keep pushing myself so I cranked them back up to a tougher target.

As always let me know what you think, and if you have any suggestions or comments those are always appreciated.

Until next time,

B^2

Blog analysis January- February

As you may know I am extremely data driven. I love numbers and finding trends and all that kind of stuff, that probably why I ended up studying engineering.  Anyway after 2 solid months of putting my heart and soul into this blog or as much of both as I could I wanted to look at what I had and see if I couldn’t find any trends or anything special with it. Hopefully by the end of this I can give other bloggers out there some tips and advice or if you have any please share it with me!

Below is the stats board for January 2018.

January stats

Unfortunately, I didn’t think I could fit everything well in one screen snip, but I had 152 views and 97 visitors. Fairly respectable for a full first month’s effort. At this time, I was experimenting with Facebook advertising as you can see 55 of my views all of which were driven by the Modern Long Term Stock Market investing book drove many of my visitors and views. Instagram contributed 27 visitors and search engines managed 7 visitors. If you turn those all into percentages it would read 56.7% Facebook, 27.8% Instagram, 7.2% search engine. All should be noted that many of the views came within the United States and the runner up was UK with approximately 10% of the total views. About $29 was spent on advertising in January.

Next up we have February 2018. While not completely over we are pretty darn close so we will call it as we see it.

February stats

February boosts 260 views and 177 visitors, a sizeable margin over January. Now with 2 front runners for article views, both Freedom Funnel and Millionaire Booklet were advertised heavily. The runner up 10X Rule didn’t do bad either. Facebook comprised 125 out of 177 referrals, Instagram 35, search engines 7 it looks like. In percentages we have Facebook 70.6%, Instagram 19.8%, and Search engines at 4%. Lets also look at viewership. Majority United States again comprising of 64% of the demographic, and UK in second with 16.5% of the demographic. Advertising costs for January were about $43 maybe slightly less than that.

Digging further into the data we find that both January and February had 8 new blog posts each so that remains a consistent factor. I also cut down the Facebook advertising after mid-February, I was at 150+ visitors around that time as well. The lack of effort in the second half of February killed the growth of this blog. I have mentioned in earlier posts my extra effort required at school around that time prevented some of that growth.

After looking at the above data, I can deduct that advertising has a direct correlation to viewership however I still have not made any income from the blog in terms of referrals to apps, amazon affiliate sales, or any other revenue of that manner. Until I can increase my income organically I will be taking it easy on the advertising costs. I have been putting more emphasis in my Instagram account and hope that will drive future growth. I believe more posts and the catalog of old posts will also increase visitors and viewership. I am currently working on setting up a mailing list to further hit on returning visitors and keep the blog growth steady.

Hopefully this gave you all some insight on what’s going on behind the scenes here at B^2, please let me know if you have any suggestions!

Until next time,

B^2

Sell or be sold: How to Get Your Way in Business and in Life – Grant Cardone

What better way to start off a book review than a quote from the author, Grant Cardone, “I believe Sell to Survive to be the most important book written on selling in the last fifty years and vital to every person who is interested in making their dreams a reality. We have taken that book and reworked it, added material, updated it, and retitled it: Sell or Be Sold: How to Get Your Way in Business and in Life.”

So, let’s get this straight, you take the best book written in its genre in 50 years, make it better and add more to it, and you can read it. Wow. I will do my best to keep this informative and brief, I believe the chapter titles are self-explanatory for the most part, but I will try to clear up any ambiguity and include some important quotes from the text.

Chapter 1: Selling—A Way of Life

In this chapter Mr. Cardone explains how selling is part of our everyday lives from negotiating to getting others to like you, work with you, anything having to do with convincing, persuading or getting your way in life. Regarding people saying they could never work as a salesman and work on commission his answer is “Your entire life is a commission. There’s no salary guaranteed in life. The whole world is on commission and the whole world is required to sell!”

Chapter 2: Salespeople Make the World Go Round

“Selling is the last great truly free-enterprise opportunity available today; in sales, an individual can work for himself, be accountable to himself, and make his dreams come true.” If that doesn’t get your heart fluttering I don’t know what will! We all have dreams of some sort of freedom maybe its not being tied down to that 9-5 dead end job, maybe its becoming and entrepreneur, starting your own business etc. this opportunity rings toward that goal. It is solely up to you to work and make your money with no cap on your financial compensation, the more you sell the more you make! The economy relies on getting products in consumers hands, salespeople are responsible for this, which drives the behind the scenes action such as shipping, handling, production, storage, retailing etc.

Chapter 3: Professional or Amateur?

“I you want to get rich, learn how to sell.” This reverts to the first chapter regarding how everything in life is selling, this includes but is not limited to getting that promotion, girlfriend, job, negotiation, contract, opportunity etc. you will have to sell yourself to get all those things and you can become rich in whatever manner you want to define it. There are two mental barriers you must overcome to become a professional at selling. “1.) Selling is critical to your survival regardless of your career, and 2.) you must decide to become a professional and give up any idea that its something for others and not for you.” “The difference between mediocrity and greatness lies in being committed to the profession and being consumed by the desire to be great and the dedication to learn the trade.”

Chapter 4: The Greats

If you are familiar with Grant Cardone his books are not always directly about the subject at hand like sales for instance, he often incorporates life and career advice that is broad enough to encompass all professions. In this chapter he describes how to become one of the greats in your profession and the first step is to commit all the way. “Committing is when you make a firm decision, you quit wondering, and then you follow through on your commitment with actions.” “A burn the ship kind of mentality is what it takes to get you to a place where you’ll doo things that will ensure results.” So, you commit and put in 10X amounts of action and thought. How do you know when you become a professional or one of the Greats? Grant Cardone says that “the ability to predict is the first thing that happens when you become a professional,” this happens when you have experience nearly all the scenarios that arise and observe them objectively without emotion and assume responsibility for the faults and acting to correct them. Mr. Cardone did this by recording his phone calls and sales pitches, making note of his body language, and gestures, tone of voice and how he responded to objections.

Chapter 5: The Most Important Sale

Chapter 5 goes into the mental state required to be an excellent salesperson. Grant Cardone states that “In order to become a great salesperson, you have to sell yourself on what you’re selling.” and “the conviction that you have regarding your product is more important than the conviction that others have about their facts and figures.” This whole idea on becoming sold on your product or solution is what keeps you motivated and driven as well, this also requires a go all in attitude.

Chapter 6: The Price Myth

               This chapter proofs that price is not the ultimate deciding factor like most think it is. “Getting the sale isn’t about money; its ultimately about the buyer having confidence that the product is the right one.” Price also represents value in your product, if the price is too low the product is perceived to lose value or is not useful. “The buyer would rather pay more and make the right decision than pay less and make a mistake.” This emphasizes the move up not down paragraph explain that a price issue is often resolved with a more expensive product. The customer often may think that there is not enough value in a cheaper product and the reason price is the issue is because the option is too expensive for the results it will give. Also “salespeople, not the prospect, are the ultimate barriers to every sale”.

Chapter 7: Your Buyer’s Money

               The first section of this chapter explains how there is no shortage of money on this earth. The problem is your way of thinking of money and “If others have a difficult time getting money from you, you’ll never find it easy to get money from others.” On the note of repeat sales Mr. Cardone says, “second money is easier to get than first money”, once that trust gets established you will find it much easier to make repeat sales.

Chapter 8: You are in the People Business

               Salespeople must remember that they are selling products to customers, “that’s why its vital that salespeople know about people first and products second.” Grant Cardone says selling is 80% people and 20% product, so what do you think you should allocate your time to? Learning about the product or learning about the customers? The answer is clear, “learn to think like customers think” put on their shoes and your sales will increase. “True communication requires finding out what is important to people so you can identify what they actually want and then deliver it.”

Chapter 9: The Magic of Agreement

               “Always agree with the customer” even if they are wrong, even if they are full of shit, “agree as you write the deal; don’t disagree and fight the deal!” This is the number one rule and it is also the most violated by salespeople, you’re leaving sales on the table by not agreeing with the customer. “Agreement is senior to closing the deal”, Grant Cardone says this and to him the close is sacred!

Chapter 10: Establishing Trust

               First paragraph of this chapter explains the show don’t tell phenomenon, people believe what they see not what they hear, show them the facts and figures or how well the product works don’t just talk their ear off about it. Grant mentions how he used to keep an evidence manual with him to show his facts of what other customers had said about him because of doing business with him. This helps build trust with your buyer which is crucial in making the sale.

Chapter 11: Give, Give, Give

               It was mentioned in an earlier chapter that you are selling to people, not just selling your product to people. Part of the human experience with sales is the customer service and this chapter covers all that you need to know to service your customer. “Give all of you to your prospect, not just a part of you. Give all of your attention, all of your energy, all of your suggestions, all of your information, and then find some more of you to give! Exceed expectations and go all the way with him and then a bit further.” “Human beings are much more valuable than money. Treat them like that and you’ll be rewarded” Problems are also opportunities for future sales, service your customer when they have complaints or problems and you’ll probably be able to sell them later just with your customer service you showed them.

Chapter 12:  Hard Sell

               This chapter can be summed up with this one paragraph, “if you don’t truly believe that your product will somehow bring the buyer more enjoyment, benefit, or security than the numbers he has in the bank, then you’ll never be a great salesperson and you’ll never fully understand the concept of ‘hard sell.’ If you really believe and learn how to close, you’ll know someday what it means to hard sell. This is an art form!”

Chapter 13: Massive Action

               Refer to Mr. Cardone’s book, The 10X Rule, Link to the review can be found here: http://bsquared.website/2018/02/08/the-10x-rule-the-only-difference-between-success-and-failure/

Chapter 14: The Power Base

               This chapter is an obvious but overlooked solution to first starting off in sales. The power base refers to the people around you that you are familiar with, your friends, family, etc. and with those people in mind “the easiest sale you’ll ever make in your life is the one to those people who already know you, trust you, and want to help you.” Again obvious but overlooked, but you need to put in work to build your power base and rekindle those connections, face to face is the best way to get back in contact. Work hard on your power base and they will work hard for you and it has the ability to naturally grow wide and strong.

Chapter 15: Time

               The critical take away from this chapter is the lunch out. A mentor of Mr. Cardone when he was just starting out asked him why he went to lunch with his co-worker every day.  Grant answered they were friends and just naturally thought that was something normal to do. His mentor told him “he will never buy anything from you. Never!” from that moment on Mr. Cardone realized that he had to use that precious lunch break hour to make sales. Go out, be seen, know where your buyers go to lunch, today Mr. Cardone invests breakfast, lunch, and dinner to buyers and prospects and even long shots. Use every possible moment to sell.

Chapter 16: Attitude

               “People will pay more for an agreeable, positive and enjoyable experience than they will for a great product.” This chapter goes right in line with the Give, Give, Give chapter as well as the people business chapter. Mr. Cardone ends the chapter with seven tips for having a great attitude.

Chapter 17: The Biggest Sale of My Life

               As I mentioned earlier, Mr. Cardone includes life lessons as well as real life examples in his books, this chapter describes using the previously mentioned lessons and tactics how he made the biggest sale of his life, his wife, Elena.

Chapter 18: The Perfect Sales Process

               “The best salespeople I know are straight shooters. They don’t play games, they tell it like it is, and they know how to get the hob done without manipulations and tricks.”

  1. Greet
  2. Determine Wants and Needs
  3. Select Product and Present/Build Value
  4. Make Proposal
  5. Close the Transaction or Buyer Exits

Chapter 19: Success in Selling

               In order to demand consistent sales success, you have to:

  1. Decide you are ultimately responsible for the sale.
  2. Make it your duty, obligation, and responsibility to make the sale.
  3. Take massive amounts of action, followed by more action until the sale is made!
  4. Accept no excuses, reasons, or logic, and figure out how to make it work!
  5. Prepare yourself daily to handle all obstacles, stalls, reasons and barriers you will encounter with a client.

Chapter 20: Sales-Training Tips

               How sales training is supposed to be laid out and what creates a good sales training program.

Chapter 21: Create a Social Media Presence

               This book was written in 2012 and this chapter was in it. I think we can all see the power of social media today and its everyday presence in our lives. Now more than ever it is vital to have a social media presence, perhaps on multiple platforms to reach out to potential customers and other influencers.

Chapter 22: Quick Tips to Conquer the Biggest Challenges in Selling

               Lots of tips regarding the challenges you’ll face selling. Pretty self-explanatory check out the book for details.

There you have it, Sell or Be Sold by Grant Cardone! As always, the link to the book can be found below, I highly recommend reading it to anyone trying to increase their ability to sell or persuade in life. I think this can apply across all industries and careers. This book has had me consider taking a more sales-oriented internship this summer rather than an engineering-oriented internship as my major would suggest. We’ll see though and let you all know how it goes!

http://amzn.to/2HT9qs6

Until next time,

B^2

 

What did I do when the stock market corrected?

If you at all follow the stock market you know it’s been crazy these last few weeks. Especially with that little correction that we had. What did I do? Warren Buffett’s quote, “Be fearful when others are greedy. Be greedy when others are fearful.” Rang a bell.

On February 6th, 2 days into the correction I took my only positive position at the time (I had recently sold several other positions and reallocated money to make new positions and cost average down some positions) E.L.F. cosmetics and sold all that I had. It was a small position worth $300 and change and I took that and bought AAPL stock at $157.51, it later dropped lower than that in a second dip but prior to that it hadn’t been at that price since October 2017. I cost averaged down my largest position CHK, cost averaged down ATRS, and cost averaged down TTS. Now unfortunately at the time I was not prepared for this correction. I had no extra cash lying around to put into investment accounts, I did not have anything I could really sell to get the cash to take advantage of the correction and I did not pay attention to the market as much as I should’ve, and my attention was directed elsewhere (school).

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My actions would’ve been more calculated and drastic had I been prepared and prepped for this event. Let’s see how it panned out though. I sold ELF 15 shares at $20.01 = $300.15, today it trades at $20.84 so that results in a lose of $12.45 had I held the position. I bought AAPL at $157.51 and it currently trades at $173.78 = a gain of $16.27. As you can see I already came out on top had I not invested the other portion of the sale proceeds but let’s look at what that did. I bought 25 shares of ATRS at $1.92 and sold them all at $2.23 on February 15th, a $7.75 gain = 16% short term gain. I bought 27 shares of CHK at $3.12 which has been fluctuating tons since then, but fortunately CHK beat earnings big time and shot up ~ 25% yesterday. As I am speaking shares are at $3.35 = $6.21 gain over the duration of holding them. TTS had the opposite happen and did not do well with earnings. I bought 2 shares on Feb. 6th at $8.44 currently trading at $5.50 – a net loss of $5.88.

So overall a split-second decision and action that I made before class/ walking to class led to a $11.90 increase over 17 days (12 trading days). Now why does anyone give a shit about a less than $12 increase?! They don’t but I also don’t have big money, but that also was a 3.97% increase in under 3 weeks. Extrapolate that out and that’s 85% APY now those are some numbers people can get behind! Now looking back, I probably should’ve held out for 2 shares of AAPL but hindsight is 20/20 as they say.

Hope you guys enjoyed that little victory in my investing career! Let me know what you think or share what you did during the correction.

-B^2