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lunarr-rrose · 4 years ago

Video

Property Management with Jason Marcordes - Fernando Angelucci

https://u109893.h.reiblackbook.com/generic11/the-storage-stud/property-management-with-jason-marcordes-fernando-angelucci/

On this episode of What is the Deal, the real estate podcast that gives answers, we’ll be covering what is the deal with property managers. The job title is self-explanatory, but there is more to know. Joining me to open the doors on property management is our good friend and colleague, Jason Marcordes.

Jason Marcordes, Founder, Managing Broker, Property Manager of Landmark Property Management of Chicago is a full service real estate brokerage dedicated to going above and beyond for our clients.

We handle everything real estate related – including buying/selling, leasing, property management, rehabbing, construction, development, real estate investments, and receivership.

We offer services such as finding and placing a resident, coordinating maintenance, rent collection, resident renewals, managing vendor relationships, ensuring compliance with local regulations, and more…

In this episode:

Who are you and what do you do?

What does a day in the life of a property manager look like?

What are the requirements in Illinois to become a property manager?

Why should a real estate investor use a property manager?

What are the decisions someone will be faced when choosing a property manager?

How would you advise someone to choose the right property manager?

What is the most common mistake you see real estate investors make when it comes to property managers?

On the flip side, what is the most common mistake you see property managers make?

What advice would you give a real estate investor looking to buy their first rental property?

What advice would you give someone considering starting a property management company?

Fernando O. Angelucci is Founder and President of Titan Wealth Group. He also leads the firm’s finance and acquisitions departments. Fernando Angelucci and Steven Wear founded Titan Wealth Group in 2015, and under his leadership, the firm’s revenue has grown over 100% year over year. Today,

Find out more at

https://www.TheStorageStud.com

https://titanwealthgroup.com/

Listen to our Podcast:

https://thestoragestud.podbean.com/e/property-management-with-jason-marcordes-fernando-angelucci/

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Fernando Angelucci (00:02): Hello everybody. Welcome to this episode of What's The Deal, real estate podcast that gives answers. Today we'll be covering what's the deal with property managers. The job title is somewhat self-explanatory, but there is more to know. So joining me today to open the doors on Property Management is my good friend and colleague Jason, Marcordes, hey Jason.

Jason Marcordes (00:37): Fernando. Doing great, thanks for having me.

Fernando Angelucci (00:42): Yeah. So thanks for coming up. Let's jump right into it. So who are you? And what do you do? Give us a little history on yourself.

Jason Marcordes (00:50): Absolutely. Like you said, Jason Marcordes I'm with Landmark Property Management. We are a company that specializes in residential property management in the Chicago land area.

Fernando Angelucci (01:03): Okay. how did you get into that? How'd you get into real estate?

Jason Marcordes (01:07): Yeah, absolutely. I actually got into it by accident, went to school to be a teacher. While I was in school, I went to work for my uncle's Property Management company and I fell in love with real estate. So, that's how I got my start. I've been in Property Management for about 12 years now, worked for a couple of different companies and then just decided that you know, wanted to start my own company

Fernando Angelucci (01:32): Now, Property Management, isn't the only real estate activity you do. What else do you do in the real estate world?

Jason Marcordes (01:39): What else do we do? In addition to Property Management, I've done some flips, some buying holds wholesaling as well as, you know.

Fernando Angelucci (01:50): You had some Airbnb's as well, didn't you?

Jason Marcordes (01:52): I did, Yeah. That's tunny, had a handful of Airbnb's, so short-term rentals, that was interesting.

Fernando Angelucci (02:00): And then you also, didn't you do some management for self storage at one point too?

Jason Marcordes (02:04): Yeah. So that's how I got my start as commercial Property Management. So did some distressed real commercial real estate, did some self storage, did some receivership, I've done just about everything in property management, So.

Fernando Angelucci (02:21): What is a receivership?

Jason Marcordes (02:23): Receivership is typically when the bank is going to foreclose on a particular property, that process takes a long time. So the bank it asks the court to appoint a receiver and basically that receiver steps in and appoints a property manager to take care of that asset. So when the bank actually takes it back, whether it be a year or two later, it still has value.

Fernando Angelucci (02:55): Okay, It's interesting what exact

Jason Marcordes (02:57): Yeah. they do you know, they oversee the property management, the maintenance, all that stuff. And then they report back to the court throughout the proceedings, just to make sure that, that particular borrower isn't kind of running that property into the ground.

Fernando Angelucci (03:15): Right. Great, So I know when you first started the Property Management Company, it was all you. But just like our companies, you have started implementing traction and building up your company, delegating and then elevating. So I have a, kind of a two-part question for you here when you first started off, what did a day in the life of a property manager look like originally? And then once you implemented traction started hiring and delegating, what does your days look like now?

Jason Marcordes (03:47): That's a fantastic question. Two totally different answers, a day in a life of a property manager as like a solo property manager. It's usually number one your weeks or seven days a week. and you work way too much. You're doing pretty much everything or Jack of all trades. You're doing the accounting, the advertising, the rent collection, tenant communication, any type of legal work as far as evictions. You're doing a little bit of everything and it obviously depends on the time of the month and the season. Most of our rentals happen in the summer. Obviously the rent collection happens toward the beginning of the month, but as like you said, we did implement EOS. It has been a complete game changer. So as you start to grow, as you start to delegate, you can kind of divvy up those responsibilities and delegate. So right now for my company, I'm primarily the sales guy. So I talked to all the potential clients and then I also am the COO. So I basically make sure that everything's kind of running in the, running smooth and headed in the right direction.

Fernando Angelucci (05:00): So you look over the departmental heads make sure they're getting their stuff done, and the reporting back to you.

Jason Marcordes (05:04): Yep, absolutely.

Fernando Angelucci (05:04): You're kind of in charge of big relationships, bringing new clients in big vendors things like that nature, right?

Jason Marcordes (05:14): Yeah, that's right. And it's a small company, so we, I basically, I hold a couple of seats the two biggest is like the visionary and the integrator. And I'm kind of, I got a foot in each. so as we grow, I will step out of that integrator role and just be the visionary for the company.

Fernando Angelucci (05:36): So speaking of your trajectory through Property Management, I know it certain times in your life, you had a lot of doors under management on a more of a commercial scale. And then now you kind of, when you went back and started your own company, you started with a few doors and then started leveling up again. So tell me, where were you at your peak as far as the amount of doors you were managing and then where are you now and where do you see yourself going over the next 12 to 24 months?

Jason Marcordes (06:05): Yeah when I was working for other companies, I was kinda in the corporate world and I had about 2000 doors underneath me. I had a full team of course different departments, all that good stuff. With my own company, we've been, I want to say three 25ish, maybe 350 at one point, we had a big fund out of California, that we ended up parting ways with. So we're actually smaller now, but again, just part of the journey realizing that, quantity or top-line thinking is not always the best.

Fernando Angelucci (06:42): Right. I know we've had some conversations offline about firing clients, the ones that the 20% that take up 80% of your time and how keeping those types of people around is a counter-intuitive when you're trying to grow a large company. So that kind of brings me to my next question, which is you know, in Illinois, which, where we're located right now, no Joe Blow off the street can just become a property manager. Right? So what are the requirements? What are the training required to get that designation to become a property manager in Illinois?

Jason Marcordes (07:18): That's correct, Yeah. So in other States it may not be necessarily the same, but in Illinois, if you're going to manage other people's property, you do need to go and get your broker's license. There are some activities in Property Management that you don't actually needed to do, but should be very limited. So as a rule of thumb, if anybody's looking for a property manager, they're gonna want to make sure that they are licensed they're a licensed broker in Illinois.

Fernando Angelucci (07:46): Okay. That makes sense. When, so the way that we met was because I had a couple of properties that were in rougher parts of town, or I need somebody with expertise. Even though I am a broker myself, I know you had the expertise, so you took over those properties and did really well with those. We actually just sold off the, I think the last couple that we had at a pretty significant profit. So that was great. And thank you very much for helping me out with that. I always, I really loved working with you because, I was able to trust you. I just gave you a spending limit. And then I said, I don't want to hear from you, Jason, just get it done, which worked out really well for me. I think it worked out well for you too. I don't think I was too much of an overbearing client, right?

Jason Marcordes (08:30): No, it was perfect. And honestly, that's how we prefer it to be. And about 90% of our clients are out of state or out of country. So we try to do that. We have a spending threshold, and we just, you know, we don't call you every time the sink starts to leak or, you know, some small repair like that.

Fernando Angelucci (08:51): Yeah. So that brings me to my next question, which is, you know, why should a real estate investor consider getting a property manager or maybe look at that question a different way who should consider being, getting a property manager and who should not?

Jason Marcordes (09:07): That is a great question. I guess it depends on your investing philosophy, kind of where you're at in life. If you have the time and you have the temperament, then by all means, you know, you can manage the property yourself, if you are, let's just say you're a working professional, accountant, attorney, whatever, software engineer and you are picking up your first property. But you have a full-time job, then I highly suggest getting a property manager. So it just depends on you and your availability and kind of, I guess your experience as well, dealing with tenants or rentals,

Fernando Angelucci (09:48): Let's touch on some of those. So the first one you mentioned is time requirements. Let's just use, let's say not your super beginner investor, but let's say somebody like me when I originally came to you a couple of years ago, and I had something like, I think nine doors in Illinois, total, let's actually, let's reduce it down. Let's say somebody with three doors, three single family homes, what type of time is required for managing, let's say three single family homes in a let's call it a C maybe C plus area.

Jason Marcordes (10:25): That's gonna, that's a tough question to answer. And it's going to depend on a lot of different variables. I mean, that's one of the reasons you hire a property manager is just because, you know, from an ROI standpoint, it makes sense. So although it's more expensive than doing it yourself, when you factor in your time, it's going to be a lot more expensive. So us as property managers, you know, we can leverage our team, we can leverage our experience, our software, so we can do what you're going to have to do in a fraction of that time.

Fernando Angelucci (10:58): And then you also touched on temperament. So what do you mean by that? Can you expand upon it?

Jason Marcordes (11:04): Yeah, I mean, you know, at the end of the day it's a people business, you know, we, as property managers have to talk to our clients, which are the owners. We also have to talk to the tenants you know, and the tenants you know, sometimes they run into issues and you have to be ready to deal with that. You have to have empathy. You need to, you know, understand where they're coming from and what's happening. And at the end of the day, you need to take care of business and, and take care of your tenants.

Fernando Angelucci (11:38): Yeah. What, how does that time or temperament requirement change based off of the asset grade or class? Like, for example, I know you manage a lot of properties on the Northside of Chicago and really nice neighborhoods, very high rents. But then you also manage some properties and more working class neighborhoods, lower rents, lower purchase prices. Give me kind of the dichotomy here between the two types of assets.

Jason Marcordes (12:03): Yeah, it's tough to make, it's not a hundred percent, but we definitely do see the lower the rent. It's usually the higher, the I guess higher the amount of hours that you have to put into the property on a monthly basis. So you know, that may be for a couple reasons, if the property is not renting for a lot, it may not be the nicest property. So you're going to have a lot more repairs, a lot more things to take care of. And then, you know, we also see, you know, correlation between credit scores. If you're not paying your bills, if in your credit is not great. Then there's a higher likelihood of us having to chase that rent, work out payment plans, do stuff like that.

Fernando Angelucci (12:57): So with the credit score, and I guess this is kind of a broader question, what type of screening requirements do you prefer to have for tenants? And I know that some investors will actually overlay their own requirements, either stricter or less strict on top of what you require, but let's say it's your own property that you're managing? What are you usually looking for from a tenant?

Jason Marcordes (13:22): It depends on the property. Every property is going to be different because every property is in a particular area. It's going to demand a different tenant and different criteria. So kind of like you were saying Northside versus Southside, you know, we see different credit scores. You know, it's tough in some of these neighborhoods to get a 700 credit score, but on in other neighborhoods, that's actually fairly common. So that's on a, on a per property basis. I mean, if you're talking real estate that I own, I want to see 650 plus three times the rent amount in income. No evictions, no collections.

Fernando Angelucci (14:06): Okay. And when you say three times income versus rent, is that gross income?

Jason Marcordes (14:13): Ideally it's a net.Yeah

Fernando Angelucci (14:14): Net.

Jason Marcordes (14:14): Yeah.

Fernando Angelucci (14:16): Okay. So I remember when I was going through the process of finding property managers, I actually called and interviewed close to 25 property managers. I remember when I first called you.

Jason Marcordes (14:30): Not surprised me.

Fernando Angelucci (14:31): Yeah. When I first called you. I think I asked you, I told you upfront. I was like, Hey, Jason, I think I'm going to need an hour of your time today. I'm surprised he didn't hang up the phone on me. There was a lot of people that did hang up the phone on me when I told them that. So I appreciate you sticking with me. With that being said, what are some of the decisions an investor would be faced when choosing a Property Manager? What are the types of questions they should be asking?

Jason Marcordes (14:57): So there's a, there's a ton. I mean, we can dive into this. Do you, you know, do you want a big company or a small company? you know, what are the pros and cons of each that's something that you have to decide? I mean, I we are a smaller company. I prefer smaller companies, but you know, at some point it seems like it's really tough for property managers to scale and to, to keep the same level of customer service. So I see that in some Property Management companies around a thousand units some less or some more that are really good understand, you know, how to scale and how to still provide a quality service. So do you want the big or small company? Do you want to be hands-off or hands-on as a landlord?

Jason Marcordes (15:46): And then the biggest one, in my opinion, is are you shopping on quality or are you shopping on price? Are you just looking for the cheapest company out there, or you looking for the highest quality company may not be the cheapest, but in the long run, if they give you the highest quality, they may be able to save you some substantial money over the long-term. If they can just prevent, you know, one busted pipe, over the long haul, or just rent your unit one month quicker than the cheaper property management company, it really could save you thousands over, you know, over the term of the agreement.

Fernando Angelucci (16:27): Yeah. And that's one of the things that I always tell new buy and hold investors is, you know, what really kills your profit is vacancy and turnover. So let's use an example of a $2,000 a month rental, if all of a sudden that rental goes vacant and it takes three months for you to re-rent it, let's say it's in the middle of winter and a harsh like polar vortex, you know, and you have to do say $4,000 in turnover, costs, paint and carpet, and maybe a couple of repairs. And that's 10 grand potential that you just lost on an investment that you're, you know, you're bringing in 2000 bucks a month that could meet close to two to three years worth of profit that you've lost because of those vacancies and those turnover costs. So I definitely hear what you're saying. I know I've, I've gone through the gambit before we found you. I had a, one of those low fee property managers, and it ended up costing me probably close to $25,000 over the long run until we finally switched over to you so that I completely understand and agree with what you're saying, as far as you get what you pay for. Do you want high quality, or do you want just to nickel and dime on fees and end up losing money in the long run? Right. Penny wise, pound foolish, I believe. Is that the phrase? So I, man, you're hitting home with that.

Jason Marcordes (17:53): Yeah. And I mean, it's the same, like with any other important profession, like, are you going to choose the cheapest doctor? You know, if you have to have surgery or dentist or attorney, like you want the best representation, this is a rental property. I mean, for most people, it's a huge chunk of their investment portfolio. You know, a lot of people, this is their retirement.

Fernando Angelucci (18:16): Right.

Jason Marcordes (18:16): So do you want to trust that with anybody the guy who's willing to do it for next to nothing? Or do you want a reputable company to, you know, to look after that for you?

Fernando Angelucci (18:27): Yeah. Speaking of, you know, reputable companies and what you're looking for, I know you've dealt with tons of investors. You've also dealt with tons of property managers. I see all the time when we talk, you know, offline, how you're getting clients from other property managers that were not doing their job well. So this is kind of a two-part question. Number one, what is the most common mistakes that you see real estate investors make when they choose property managers? And then the second part is what are the most common mistakes you see when someone is finally actually chose a property manager and starts that relationship that day to day or that month to month communication?

Jason Marcordes (19:07): Okay. So the first part what are the mistakes you see when selecting a property manager, that is going to be a lack of due diligence. So they're not doing the due diligence they need to, they're not Googling it. They're not reading the reviews. They're not looking at BiggerPockets, they're not asking the right questions. So I'm huge on that, I even tell the people that are calling us, I say, Hey, you know, go look at our reviews, read them go on BiggerPockets, ask around you know, that's important. Don't just go with the first person you come across. On the the second question once you start that relationship, the, one of the, you know, the biggest mistakes that Property Management companies make. I see a couple, you know, number one, lack of communication and transparency.

Jason Marcordes (20:10): So, you know, we hear all the time from potential clients. You know, the reason they're coming to us is they, you know, they emailed their property manager, you know, three times over the last two weeks and they still haven't heard back, lack of transparency that they don't know what's going on at the property. They can't get answers. The second thing is just the inability to take care of maintenance items. A lot of times when we take over the property, tenants will say, Hey, I've been trying to get this done for two, three, four weeks, and you know, they, the Property Management company just never responded to it never took care of business. And then the last thing see quite often is, just the inability to rent units and bring down that vacancy. You know, we've talked to, clients, that are coming from Property Management companies that tried to rent their unit for two, three, four, five, sometimes six months, and no activity. And then you pull up, you know, you pull up the listing and there's like one picture or no pictures, you know, it looks like crap, you know, there's no description, stuff like that.

Fernando Angelucci (21:20): Uh-huh. Yeah. That makes a lot of sense. When, you know, half of the work is finding the property manager, but then the other half is actually buying the right property. So what advice would you give to a real estate investor looking to buy their first rental property?

Jason Marcordes (21:38): So my, you know, I got a ton of advice, I love to advise new investors. First thing is get your finances right. So pay off your debt, credit card debt, automobile debt, whatever it is, pay it off, start saving some money. Once you get your finances right, you know, develop your game plan. What do you want to do? Do you want to do flips? Do you want to do buy and hold? Do you want to do short-term rentals? So figure out the game plan. Doesn't have to be anything extravagant. Write little one-page business plan, write out your goals. And then the next thing is build the team. You're going to need a good broker, good property manager, good contractor, good attorney you know, people like that.

Fernando Angelucci (22:23): A good wholesaler.

Jason Marcordes (22:24): A great wholesaler, absolutely, that's one of the most important. So build that team, and then the last thing is really execute like you, I mean, we've all been on BP. We've all, you know, we've all listened to podcasts like everybody and their brother wants to be a real estate investor and you could research it for years. I mean, you can never run out of stuff, content to take in, but at the end of the day, you gotta pull the trigger sometime. And for me, you know, I am on the Jesus, I'm drawing a blank. I'm on the.

Fernando Angelucci (22:57): Analysis paralysis side?

Jason Marcordes (23:00): The House Hacker Bandwagon.

Fernando Angelucci (23:02): Okay.

Jason Marcordes (23:02): I love it. I mean, it just makes sense. If you can buy a property for three and a half percent down, a fixed rate, 30 year mortgage like that is that's money. So for your first deal to minimize your risk, you might as well do you know, do the house hack.

Fernando Angelucci (23:20): And you've done a few house hacks now. Right? Tell us about those.

Jason Marcordes (23:24): Yeah. I mean, like I said, it's a no brainer. I mean, especially if you're a broker. That's like another hack in itself. So if you hear if you're a broker, you get a two and a half percent commission for buying that property. So you go FHA, you have to put three and a half percent down, you get your two and a half a percent commission. You're down 1%. You know, from there you can, you know, you could do different things. You can ask for a closing credit, you can ask for a higher, tax probation. You can actually get paid to purchase that property.

Fernando Angelucci (24:03): And you've done this now, I think what two or three times, right? I mean, you're on your, the multi-family that you own now is this your third house hack?

Jason Marcordes (24:12): So as far as house hack, this is my second.

Fernando Angelucci (24:15): Second. Okay.

Jason Marcordes (24:16): Yeah.

Fernando Angelucci (24:17): Yeah. Tell us a little bit about the deal that you're in right now. I believe it's what a four or five flat something like. that?

Jason Marcordes (24:23): Yeah, it's a four flat. So with the house hack it's gotta be one to four, you know, anything five pluses is a commercial, so different loan product. But yeah, I mean, I did this one exactly like you're talking about, or we're talking about, I guess, you know, three and a half percent down, I got a two and a half percent commission. I got a 3% closing credit and I jacked up the tax probations, my lender, actually, he, you know, we had issues with the loan because we couldn't, we were actually getting paid to buy the property. And with FHA, they don't really appreciate that. So we actually had to take some of that extra money and pay down our mortgage, rate or interest rates. So, you know, I locked in a 2.99 when it was, you know, that was a hell of a deal. Now, you know, when you didn't think rates could go much lower, they did lower them. So you're seeing that pretty regularly, but man, 30 year fixed rate at 2.99, like it's incredible.

Fernando Angelucci (25:25): Right. Well, that's good. So kind of switching gears here now this is teacher competition, but what advice would you give someone considering maybe starting their own Property Management Company?

Jason Marcordes (25:46): Don't do it? No. what advice would I give people that are starting their own company? Number one, be very selective of your clients, or the properties you're taking on. You know.

Fernando Angelucci (26:01): What do you mean by that?

Jason Marcordes (26:02): Well, what I did, which is very common in any industry, you know, when you first start your business, any business is good business. Property Management is not like a singular transaction. It's really a relationship. So, you are going to be married to that person, whether it be, you know, six months, a year, 10 years, whatever. So you want to make sure that you vet that person and that is somebody you feel comfortable with, you know, working with over the long haul for the next couple of years, same thing with properties. You want to make sure that you feel comfortable going in that neighborhood, dealing with that property. It's not like a problem property, always going to be you're always going to get maintenance calls or you can't rent it to, you know, a qualified tenant. So.

Fernando Angelucci (26:49): Uh-huh.

Jason Marcordes (26:49): That's my number one thing is like, be selective. It's your company, you have to design it the way you see, you know, your goals, kind of fitting that issue. So the other thing is, you know, charge what you're worth again. Ua common thing for new businesses is to give discounts, with Property Management, it's not a single transaction. So you make that discount on the front end, you're going to be dealing with that for a long time, going forward. And Property Management is not high margin business, although every one of our clients apparently thinks that way, but it's, it's not, it's not a high margin business, so it's easy to break even, or even lose money if you start giving out discounts. So.

Fernando Angelucci (27:38): Yeah.

Jason Marcordes (27:38): You know, if you're a high quality property manager, you should charge like it.

Fernando Angelucci (27:45): I like that, charge what you're worth, I mean.

Jason Marcordes (27:47): Yeah.

Fernando Angelucci (27:47): In the last few companies that we started in the very beginning, we were kind of hit with that as well, charging them a little bit less, just trying to gain the business. And just like you said, what you find out is not all business is good business.

Jason Marcordes (28:00): Yep.

Fernando Angelucci (28:00): Especially once it becomes a longer-term relationship. You want somebody to, you know, really appreciate what you do and see the value. You know, we always talk about leading with value and coming from an abundance mindset perspective. And it, once you start doing those things, it takes a while to kind of unwind the damage that you did from, you know, giving out discounts and taking losses on certain things, just because you thought that the top line growth was worth it at the sacrifice of the bottom line. So totally makes a lot of sense.

Jason Marcordes (28:39): Absolutely. I had a major shift last year from top line and bottom line thinking. And man, it has had an incredible change in our business at really in my life, my level of stress. I mean I highly suggest you know, getting into that mindset.

Fernando Angelucci (28:58): Well, so how can people reach you? And is there anything that they should know before they try and contact you?

Jason Marcordes (29:06): Not really. I'm an open book, so I love to help people. You know, if you have any questions, need help with anything, need a referral. I have tons of referrals, lenders, contractors, whatever you need. You know, feel free to shoot me a text and we can set up a time to talk.

Fernando Angelucci (29:23): What's your what's your website address?

Jason Marcordes (29:27): You can go to www.ChicagosPropertyManagement.com, that's Chicago with an S. www.ChicagosPropertyManagement.com. You could also reach out there, there's a contact us form.

Fernando Angelucci (29:37): Cool. Well, Jason, I really appreciate you coming on. It's always good to see you, my friend.

Jason Marcordes (29:42): Yeah, it's been a pleasure. Thanks for having me.

Fernando Angelucci (29:44): Talk to you soon.

Jason Marcordes (29:46): All right. Take care.

#real estate #real estate investing #the storage stud #storage stud #fernando angelucci #self storage #alternative funds

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spaceexp · 6 years ago

Text

Warming Seas May Increase Frequency of Extreme Storms

NASA - EOS Aqua Mission logo. Jan. 29, 2019 A new NASA study shows that warming of the tropical oceans due to climate change could lead to a substantial increase in the frequency of extreme rain storms by the end of the century.

Image above: An "anvil" storm cloud in the Midwestern U.S. Image Credit: UCAR.

The study team, led by Hartmut Aumann of NASA's Jet Propulsion Laboratory in Pasadena, California, combed through 15 years of data acquired by NASA's Atmospheric Infrared Sounder (AIRS) instrument over the tropical oceans to determine the relationship between the average sea surface temperature and the onset of severe storms. They found that extreme storms — those producing at least 0.12 inches (3 millimeters) of rain per hour over a 16-mile (25-kilometer) area — formed when the sea surface temperature was higher than about 82 degrees Fahrenheit (28 degrees Celsius). They also found that, based on the data, 21 percent more storms form for every 1.8 degrees Fahrenheit (1 degree Celsius) that ocean surface temperatures rise. "It is somewhat common sense that severe storms will increase in a warmer environment. Thunderstorms typically occur in the warmest season of the year," Aumann explained. "But our data provide the first quantitative estimate of how much they are likely to increase, at least for the tropical oceans."

Image above: A hurricane as seen by NASA's Atmospheric Infrared Sounder (AIRS) instrument. A hurricane is a large collection of extremely severe thunderstorms — seen here in dark blue. Each square pixel represents the measurements from a 10-by-10-mile (16-by-16-kilometer) area. At the time this image was taken, there were 140 of these extreme thunderstorms rotating about the eye of the hurricane. Image Credits: NASA/JPL-Caltech. Currently accepted climate models project that with a steady increase of carbon dioxide in the atmosphere (1 percent per year), tropical ocean surface temperatures may rise by as much as 4.8 degrees Fahrenheit (2.7 degrees Celsius) by the end of the century. The study team concludes that if this were to happen, we could expect the frequency of extreme storms to increase by as much as 60 percent by that time.

EOS Aqua satellite. Image Credit: NASA

Although climate models aren't perfect, results like these can serve as a guideline for those looking to prepare for the potential effects a changing climate may have. "Our results quantify and give a more visual meaning to the consequences of the predicted warming of the oceans," Aumann said. "More storms mean more flooding, more structure damage, more crop damage and so on, unless mitigating measures are implemented." The peer-reviewed study was published in the December 2018 issue of the Geophysical Research Letters journal. Aqua Satellite: https://www.nasa.gov/mission_pages/aqua/index.html Climate: https://www.nasa.gov/subject/3127/climate Images (mentioned), Text, Credits: NASA/Tony Greicius/JPL/Esprit Smith. Greetings, Orbiter.ch Full article

#space #science

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timothyplofton · 2 years ago

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7 EO members share how to mitigate rising transportation costs and shipping delays

Global supply chain issues, increased transportation costs and shipping delays are an ongoing post-pandemic problem. How is that impacting businesses when failure is not an option? We asked EO members from various industries about the solutions and strategies they have implemented in response to these significant challenges. Here’s what they shared:

Take creative actions

“Our small business has absolutely been impacted by higher transportation costs and shipping delays. We’ve taken creative actions to mitigate the damage:

Broken down pallets into individual boxes to secure shipping lanes because palletized air freight is being given to larger high-volume companies.

Utilized lesser-used ports, other modes of shipment (air, rail), or a mix—to diversify the risk.

Developed dual suppliers for critical items where we were previously dependent on a single supplier. We strategically put redundancy in the US in case of China lockdowns.

Increased safety stock held at both our warehouse and suppliers, creating a buffer should certain items become unavailable.

Secured supply for all of 2023, because our German-made materials may be impacted by the Russia/Ukraine war. The carrying cost is offset by buying 2023 materials at 2022 pricing.”

—Eric Griffin, EO Philadelphia, Co-founder and CEO, Mobile Outfitters

Adjust for margin impact

“In 2020, we paid US$6,500 for a container to be shipped and delivered. In 2021, the average cost was US$18,000 and at one point we paid US$21,500.

We manufacture our products in China; shipments were delayed by months and months because of Chinese port shutdowns and lockdowns. Next, our shipments were stuck at US ports because of worker shortages. As a result, we ran out of stock. Then, all of our shipments arrived at once instead of being spread throughout the year. Increased landing costs raised our overall product costs and made it harder to run promotions. Our margins dropped from 45% in 2020 to 25% in 2021.

As a result, we’ve had to forgo package design for some products, postpone hiring, and delay new product launches.”

—Shari Hammond, EO Austin, Co-Founder and CEO, INSP!RED Product Development Group

Partner with customers

“As a chemical distributor and manufacturer supplying raw materials to manufacturers of building materials and coatings (paint), shipping delays have caused lead times to extend up to four times what they used to be. Ocean containers that used to take six weeks are now taking three to four months or more. We have often had the same container booking pushed back multiple times due to capacity constraints and port congestion.

As a result, we now plan further out and hold more inventory than in the past. When we heard early rumblings about supply chain issues and raw material increases, we immediately made changes.

We now partner with our customers to plan 6-9 months (or more) in advance, and we reevaluate weekly. Increased costs and escalating lead times have impacted our profits negatively, but we have worked with customers to hold off on price increases as long as possible.”

—Brandon Bethke, EO Orange County, Vice President, Tempo Chemicals & Solutions

Think outside the box

“We provide non-dosed confection products to CBD/THC edible manufacturers—such as our meltable gummy base. Our products are made overseas, causing multiple challenges for our company and our customers.

When the pandemic hit and CBD/THC edible sales surged, forecasting was difficult because our customers’ sales were doubling or tripling, and we play a huge role in their production process.

We ordered different flavors and colors of gummy base scheduled for delivery in four months—which took over eight months! We had seven containers sitting at the port of Long Beach, California. When they finally arrived—all at once—we had to scramble to rent another warehouse just as warehouse prices spiked.

Here’s what we did: We created a colorless, flavorless gummy base—called Mary Jane Doe–to streamline the number of SKUs we offer and manage inventory more efficiently. That created an opportunity for our customers to add color and flavor to create any edible flavor they could imagine. It was a win-win! We had a slight price increase, but our clients supported us.

I learned how important it is to think outside of the box: Create something nobody has ever created, take a plunge and ride that wave. Failure is not an option. You have to diversify to stay afloat. That next product you develop might change your business forever!”

—Susan Hallak, EO San Diego, founder and CEO, CandyPros

Double down

“It has forced us to reconsider how we run our coffee product (coffee, syrups, cups, lids, etc) distribution business. In the past, we never wanted product sitting “on the shelf”. We did at least 26 turns a year on most product lines—some closer to 40 turns. In autumn of 2021, it became impossible to find cups and lids. During our five-month search for a reliable paper cup manufacturer, we lost roughly US$400K in real sales until we could restock cups. This breakdown and the continual supply chain issues (lids, currently) made us change our buying patterns.

We have doubled down on products and warehouse space, and now hold a 3-4 month supply on major product lines. We went from a US$50k average inventory hold to over US$250K inventory hold.

Transportation costs pose challenges on both ends. To offset the inbound charges, we buy in larger quantities and fill trailers. We partner with other alliance businesses to share transportation costs and get volume discounts. We are holding steady on “free” delivery for local clients, but raised our minimum delivery amount.

Now that we are on the other side of the wave, we are getting new clients because other suppliers are running out of items. It’s been challenging, but we have found a way to make it through and excel.”

—Mike Bacile, EO Dallas, Owner, The Daily Java

Relocate if necessary

“We ship 50-60 containers a year from China. Before Covid, each 40-foot container cost between US$2,000-$4,000 but went up to US$27,000 in September 2021. The cost to bring the container from the port to our warehouse increased from US$1,500 to US$4,000-$5,000. As a result, our shipping cost is now more than the actual product cost.

It seriously impacted our margins. Here’s what I did:

Relocated our head office from Denver, Colorado to Pennsylvania to be closer to the ports, saving the extra US$4,000 to truck a container to our warehouse from Long Beach, California.

Bypassed US freight forwarders by contacting our Chinese factories and asking them to connect us with local Chinese freight forwarders, which lowered our container price to US$18,000 at a height of US$27,000 in 2021.

Increased sales prices by 10-15 percent.”

— Alicia Chong, EO Philadelphia, Founder and CEO, Blu Monaco

Seek silver linings

“As a wellness company, we source a myriad of ingredients, packaging materials, and equipment from around the world. Over the past few years, we’ve seen pricing, lead times, and quality fluctuate dramatically.

We’ve had to adjust and learn to navigate these issues. As a result, we’ve:

Leaned more heavily on our inventory to cash balance

Increased inventory

Ordered sooner than we normally would

Increased warehouse capacity to accommodate the need to hold more inventory

Taken on inventory financing (Ampla) to help spread the investments over time

I’ve experienced first-hand the importance of developing strong vendor relationships: After a crucial shipment was stuck in the Hong Kong airport for weeks, I almost got on a plane to intervene in person. I was saved the trip when our vendor went herself, in the middle of the night, and was able to get our shipment on the next plane. Thanks to her, we were able to stick to a new product launch date by mere hours.

Global supply chain issues have impacted our profit; we’ve had to outlay more cash to stay ahead of supply issues, pay for and warehouse more inventory, along with higher prices of materials.

Even so, there are some silver-lining benefits. We’ve begun sourcing domestically more than we were pre-Covid. We launched our “Farm to Ned” program, in which we source all botanical ingredients from small, female, minority, LGBTQ-owned farms in the US. We’re giving small farmers a guaranteed buyer and price point, allowing them to grow more and gain greater exposure.”

—Ret Taylor, EO Colorado, Founder and CEO, Ned & Co.

For more insights and inspiration from today’s leading entrepreneurs, check out EO on Inc. and more articles from the EO blog.

The post 7 EO members share how to mitigate rising transportation costs and shipping delays appeared first on .

from https://blog.eonetwork.org/2022/05/7-eo-members-share-how-to-mitigate-rising-transportation-costs-and-shipping-delays/ via IFTTT

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cryptocoinguides · 3 years ago

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Safemoon Has a New Project.

Hello and welcome back to the daily Safemoon news and updates review. In this content, I will talk about Safemoon and bridges with a full explanation as if you are five years old and at the end of the video you will understand why you should start packing your bags for a trip to the moon. So yeah, this video is super interesting so make sure to watch it until the very end. Disclaimer. Also if you are interested in getting price predictions and crypto news literally every hour, then join my telegram channel, we already have more than 2000 people.

If you want to invest in Safemoon, I would recommend you to use BitMart exchanger, also following the link in my description will give you extra discounts on trading fees. By the way, be careful of scammers pretending to be me on social media. I would never ask your 12 secret words. Links to my official Social Media accounts are in the description. Alright, so I want to start this video with a question. Have you watched the last AMA 2 days ago? Comment down below.

So if you haven’t watched it, then let me tell you something. Safemoon and its upcoming bridges are the only things being discussed on the Safemoon Reddit group and Twitter. But why do we need these bridges? What do crypto bridges even mean? And how will they affect Safemoon price and when these bridges will be implemented? Watch this video to find out. So recently Safemoon CEO John Karony posted the following message. “I’m sure you’ve seen today’s UK regulatory news regarding Binance, it’s important to not limit your projects to one chain. ” Well, big Binance vs Safemoon video you can find on my channel in my previous uploads.

In case you don’t know what recently happened to Binance in the UK, give me like 30 seconds to explain. LONDON Cryptocurrency exchange Binance has been banned from operating in the U.K. by the country’s markets regulator, in the latest sign of a growing crackdown on the crypto market around the world. Britains Financial Conduct Authority said Saturday that Binance Markets Limited, the U.K.

Division of Binance is not permitted to undertake any regulated activity in the U.K. From June 30, the company which already offers Brits crypto trading through its website must add a notice in a prominent place in its website and apps showing U.

K. users the following text: Binance, the world’s largest crypto exchange by trading volumes, was set to launch its own digital asset marketplace in Britain. However, it was one of several crypto firms that withdrew applications to register with the FCA due to not meeting anti-money laundering requirements.

The FCA spokesperson clarified that the scope of the ban was limited. Though Binance Markets Limited is banned from offering regulated services in Britain, non-registered firms can still interact with U.K. consumers. That means Binance could still offer Brits crypto trading through its website. “We are aware of recent reports about an FCA UK notice in relation to Binance Markets Limited (BML). BML is a separate legal entity and does not offer any products or services via the Binance.com website.” Alright, so now let’s get to the Bridges announcement by the Safemoon team.

In the last AMA they said that bridges will be available from Tuesday, which is today. If you still don’t understand what the bridges are, then let me show you a quick and easy-to-understand explanation. ” Today safemoon announced something massive after only a few months of existence. BRIDGES which opens sfm to Etherum, EOS, Wax etc. Released TUESDAY USA time. Bridges are making a huge stir because thanks to our dev papa bridges change the crypto space and our beloved Safemoon is now CROSS CHAIN.

Bridges mean more access to Safemoon from different angles and other ways to acquire such as through Etherum and that corresponds to a huge increase in – volume + the ability to take advantage of what those chains offer. Think of Safemoon as New York City an island cut off but these bridges are now being built out to other cities so the traffic there can come in, each time they pay a toll on the bridge which = reflections to the citizens of NYC aka us #safemoon army! We aren’t so alone and it’s easier to buy.

Who remembers many months ago at our peak ATH we crashed the Binance smart chain – meaning no one could buy, our momentum was shot, had we had bridges this would not have been an issue because, for example, we could have used Etherum to buy safemoon. Guys this project is months old. John and the team have and are barely sleeping but still looking, working excited and fresh flying to Africa locking in deals, showing us actual video footage of meetings with the government, they are fully transparent and upfront, this is the ground floor to something incredible in 5 years this will be world-changing with what they have in motion.

Hold on guys, we’re going to the moon. ” Let me know if you still have questions about bridges down in the comments section. But I think this reddit post made it pretty clear. So as was mentioned above, Tuesday brings us bridges to EOS, Wax, and Ethereum. But why Safemoon team choose them, and what’s so unique in them? Well, let’s find out.

First, let’s take a look at the EOS project. What Is EOS? EOS is a platform that’s designed to allow developers to build decentralized apps (otherwise known as DApps for short.) The project’s goal is relatively simple: to make it as straightforward as possible for programmers to embrace blockchain technology and ensure that the network is easier to use than rivals. As a result, tools and a range of educational resources are provided to support developers who want to build functional apps quickly. Other priorities include delivering greater levels of scalability than other blockchains, some of which can only handle less than a dozen transactions per second.

EOS also aims to improve the experience for users and businesses. While the project tries to deliver greater security and less friction for consumers, it also vies to unlock flexibility and compliance for enterprises. The blockchain launched back in June 2018. Who Are the Founders of EOS? The EOS platform was developed by the company Block.one, and its white paper was authored by Daniel Larimer and Brendan Blumer. Both men continue to be members of Block.one’s executive team, with Blumer serving as CEO and Daniel Larimer as CTO.

Blumer is a serial entrepreneur, and one of his earliest ventures involved selling virtual assets for video games.

He went on to co-found Okay.com, a digitally focused real estate agency in Hong Kong. Larimer is a software programmer who has also started a series of crypto ventures. They include the crypto trading platform BitShares and the Steem blockchain. The pair met in 2016 and formed Block.one the following year. Alright, now let’s move to the second bridge which is the bridge to Wax. What Is WAX? WAX is a purpose-built blockchain, released in 2017, that is designed to make e-commerce transactions faster, simpler and safer for every party involved.

The WAX blockchain uses delegated proof-of-stake (DPoS) as its consensus mechanism. It is fully compatible with EOS. Wait, did I say delegated proof-of-stake? What does it even mean? Delegated Proof-of-Stake is the same as Proof-of-Stake, except people vote for who can validate transactions. In Delegated Proof-of-Stake, users have the power to give their voting power to others if they choose so. Delegated proof of stake is what is known as a consensus mechanism. Consensus mechanisms are ways that transactions are added to the blockchain. So when we have blockchains, we have a series of blocks, and blocks are just units of storage for cryptocurrency transactions.

For example, if you send a bitcoin to a friend, and a bunch of other people sends Bitcoins to their friends, these are all transactions. All these transactions become a block and certain people are responsible for adding these blocks to the blockchain. The people who are responsible for writing these blocks to the blockchain are known as nodes. Nodes are people who own computers with software that connect to the blockchain network. What determines who handles these transactions to blockchain? That’s where the consensus mechanisms come in.

Delegated proof of stake is all based on how many people voted for you to do so. So with the delegated proof of stake, we have a bunch of people who vote for the node that’s allowed to add blocks to the blockchain. The node who wins is known as the witness. Witnesses can validate the transactions faster. The winner is the witness, then the block gets added to the blockchain. Users can also vote for what is known as delegates. Delegates are people who can affect the rules of the blockchain network directly. So let’s say users vote for a particular delegate. The delegated person who was voted in is able to change the rules of the blockchain.

For example, change how many transactions are on the block. So with all of this, delegated proof of stake is aiming to solve some of the issues with how blockchains disperse the power, and how decentralized they are. Alright, if your brain didn’t explode, let’s get back to Wax.

The custom features and the incentive mechanisms developed by WAX are intended to optimize the utility of the blockchain specifically for use in e-commerce, with the goal of encouraging voting on proposals. To make this possible, WAX created a suite of blockchain-based tools upon which decentralized application (DApp) marketplaces and non-fungible tokens can be built upon.

Who Are the Founders of WAX? WAX was co-founded by William Quigley and Jonathan Yantis. William Quigley studied at the University of Southern California and then worked at Disney. After leaving Disney in the early 1990s, he got an MBA at Harvard and became a venture capitalist. Over time, he became the managing director at Idealab. Alongside creating WAX, he is also the managing director at Magnetic. Jonathan Yantis works as the chief operating officer at WAX and as the chief operating officer at OPSkins.

Well, the third bridge is a bridge to Ethereum.

I think 99% of you know what Ethereum is, but let me give you a brief explanation, maybe you will learn something new. What Is Ethereum? Ethereum is a decentralized open-source blockchain system that features its own cryptocurrency, Ether. ETH works as a platform for numerous other cryptocurrencies, as well as for the execution of decentralized smart contracts.

Ethereum was first described in a 2013 whitepaper by Vitalik Buterin.

Buterin, along with other co-founders, secured funding for the project in an online public crowd sale in the summer of 2014 and officially launched the blockchain on July 30, 2015. Ethereums own purported goal is to become a global platform for decentralized applications, allowing users from all over the world to write and run software that is resistant to censorship, downtime, and fraud.

What Makes Ethereum Unique? Ethereum has pioneered the concept of a blockchain smart contract platform.

Smart contracts are computer programs that automatically execute the actions necessary to fulfill an agreement between several parties on the internet. They were designed to reduce the need for trusted intermediates between contractors, thus reducing transaction costs while also increasing transaction reliability. Ethereums principal innovation was designing a platform that allowed it to execute smart contracts using the blockchain, which further reinforces the already existing benefits of smart contract technology.

Ethereums blockchain was designed, according to co-founder Gavin Wood, as a sort of one computer for the entire planet, theoretically able to make any program more robust, censorship-resistant, and less prone to fraud by running it on a globally distributed network of public nodes. Alright, so now when you completely understand what we are dealing with, comment down below your thoughts. Or if something is left unclear for you, feel free to ask it in the comment section. Just like Safemoon CEO John Karony said, “Bridges are an incredible asset and will continue to play a key role in the expansion and adoption for years to come.” If you enjoyed this video, then please like this video and comment something, this would really help me out to reach the youtube algorithm.

If you want to invest in Safemoon, I would recommend you to use BitMart exchanger, also following the link in my description will give you extra discounts on trading fees. But, note that I’m not forcing you to invest in this project. It’s 100% your personal decision.

Also if you are interested in getting price predictions and crypto news literally every hour, then join my telegram channel, we already have more than 2000 people. Don’t forget to check out other videos on this channel. Thanks for watching!.

Read More: Dogecoin outperforms Ethereum, BNB, Cardano, and XRP

via Safemoon Has a New Project.

#bitcoin news #ethereum news #xrp news #cardano news #crypto news #best cryptocurrency to buy #best crypt

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thomasmarleyblog · 4 years ago

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3D Printing in Aerospace and Defence Market Climbs on Positive Outlook of Booming Sales| Key players- 3D Systems Corporation, the ExOne Company, Stratasys, etc.

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illionoisprelawland-blog · 4 years ago

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Wear A Mask: An Executive Order

By Irene Ryu, University of Illinois at Urbana Champaign Class of 2020

July 18, 2020

The COVID-19 pandemic has swept the world stirring chaos in the healthcare industry. Ever since the first outbreak of the COVID-19 case in the United States, there is a consistent upward surge in the COVID-19 infection rate in the United States. In April and May, Covid-19, the disease caused by the coronavirus, led to as many as 3,000 deaths per day and claimed the lives of roughly 7 to 8 percent of Americans known to have been infected. The number of daily deaths is now closer to 600, and the death rate is less than 5 percent.[1]Since the declaration of the COVID-19 as a national emergency, the United States has been administering more than 600,000[2] diagnostic testings each day. This early identification of infections enables healthcare workers to intervene with the disease earlier thus, decreasing the chance of further infections to other people. Wearing face masks and social distancing are two of the most well-known procedures for combating COVID-19.

Texas being one of the states with the highest number of COVID-19 cases, the hospitalization hit 6,094 settings, which is setting a new record for the third straight day.[3]Governor Greg Abbott of Texas has issued an executive order on July 2, 2020, requiring face coverings over the nose and mouth when inside a commercial entity or other building or space open to the public, or when in an outdoor public space, wherever it is not feasible to maintain six feet of social distancing from another person not in the same household[4]. This executive order was implemented to prevent and control the spread of infection due to the reopening of the state amidst the COVID-19 pandemic. In addition to Texas requiring the wearing of face masks in public to prevent the spread of COVID-19, North Carolina, California, Nevada, Rhode Island, New York, Delaware, Connecticut, New Mexico, Illinois, and Washington[5] have also mandated wearing face masks.

In a situation where the executive order of mandating of face masks in public would be violated, first-time violators will receive a verbal or written warning, with subsequent violations punishable by a fine of up to $250[6] for people residing in Texas. In addition to the fines, if wearing face masks were mandated, 15 states in the United States may have helped prevent between 230,000 and 450,000 cases of COVID-19 by May 22[7]. Therefore, mandating face masks will definitely yield a positive outcome in flattening the COVID-19 infection rate curve. The secretary of health and a lot of health experts have expressed the benefits of wearing a mask in public to protect themselves and others. Dr. Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases, who said during a June 30 Senate hearing on COVID-19 said that “Americans who don’t wear masks may propagate the further spread of infection”[8].

Wearing face masks will enable states to remain open with the statistics of COVID-19 cases under control and possibly, flatten the curve. According to the US Department of Labor, recent reopening fueled job creation at a record pace of 4.8 million in June, but employment remains 14.7 million jobs below pre-pandemic levels[9]. Therefore, not only thus mandating face masks in public is beneficial in preventing the spread of the virus and protecting oneself and another from transmitting the virus, but it will also enable states to remain functioning their businesses and improve the current damaged economic state while flattening the curve.

________________________________________________________________

Irene Ryu is a rising Junior from the University of Illinois at Urbana Champaign studying Communication and Political Science on the pre-law track. She is interested in intellectual property and business litigation fields of law.

________________________________________________________________

[1]Wu, Katherine J. (2020, July 3). U.S. Coronavirus Cases Are Rising Sharply, but Deaths Are Still Down. The New York Times. https://www.nytimes.com/2020/07/03/health/coronavirus-mortality-testing.html?action=click&module=RelatedLinks&pgtype=Article

[2]Ibid.

[3]Svitek, Patrick. (2020, July 2). Gov. Greg Abbott orders Texans in most countries to wear masks in public. The Texas Tribune. https://www.texastribune.org/2020/07/02/texas-mask-order-greg-abbott-coronavirus/

[4]Abbott, Greg (2020, July 2). The State of Texas: Executive Order No. GA-29. https://open.texas.gov/uploads/files/organization/opentexas/EO-GA-29-use-of-face-coverings-during-COVID-19-IMAGE-07-02-2020.pdf

[5]Treisman, Rachel. (2020, July 2). Face Masks Mandatory In Most of Texas, Starting Friday. NPR.org. https://www.npr.org/sections/coronavirus-live-updates/2020/07/02/886901666/face-masks-mandatory-in-most-of-texas-starting-friday

[6]Ibid.

[7]Lyu, Wei &Wehby, George L. (2020). Health Affairs 39, No.8:1-7. https://www.healthaffairs.org/doi/pdf/10.1377/hlthaff.2020.00818

[8]Gov. Wolf: Sec. of Health Signs Expanded Mask-Wearing Order. (2020, July 1). https://www.governor.pa.gov/newsroom/gov-wolf-sec-of-health-signs-expanded-mask-wearing-order/

[9]Coronavirus: Texas governor mandates wearing of face masks. (2020, July 3). BBC News. https://www.bbc.com/news/world-us-canada-53273281

Photo Credit: Reinhold Möller

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officialjenncarrasco · 2 years ago

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Reasons to Hire an Executive Coach

A few reasons why you should be hiring an executive coach include the following:

Chance to See Yourself Clearly

It is very common for many people not to see themselves. So with the help of a qualified coach, you can help understand what others perceive of you. They will organize feedback that may further help in better understanding how people see your greatest assets and allow you to discover the areas that require improvement.

Acquire New Ways of Reacting

Each of us has a set of skills and reactions that may be useful for us as mid-level employees but are useless for us as senior leaders. However, having a coach by your side will help you differentiate between the two, focus on the important objectives, and find better ways to understand a situation and react accordingly.

Utilize Your Current Strengths

When you have a coach by your side, they will help you to understand the importance of these abilities and learn how to embrace them. Also, they would assist in using them skillfully for the good of the group and the organization.

So, If you want to hire an executive coach, come to us at Jenn Carrasco. We are a leading platform known to be the best EOS implementer over decades. Our services will help your entrepreneurial organization stay clear and achieve the vision that it has aimed for. You can look at your business from a new angle and achieve success immediately through us.

#Executive coach #Executive coaching #EOS Implementer #EOS implementer California #jenncarrasco #business coach

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deborahringgold · 4 years ago

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This is your SolarWakeup for September 2nd, 2020

Storage For Big Dollars. NextEra has changed over the years and will now be going all in on energy storage to the tunes of billions of dollars. As FERC 841 gets implemented look to storage to make innovation happen not only on the technology side but capital deployment, trading and policy fronts as well. Win Then Govern. You can’t govern until you’ve won the election, this is one of the biggest sins of campaigns that never get to govern. Climate change activists wants a hard commitment from Joe Biden to ban fossil fuel reps in the administration and take stronger stances against fossil fuels during the campaign. Here’s what I would recommend instead, be involved in the campaign or support group like Clean Energy for Biden and then apply for the job yourself. Not every fossil fuel rep is Scott Pruitt or Rick Perry, we have former folks from natural gas in solar today, coal workers on rooftops and subprime bond originators in project finance. No purity tests for me, win first and then advocate for change from the inside. The Southeast RTO. Next week’s podcast will be with the author of the report on the benefits of having a power market in the Southeast. What is most interesting about the concept to you and what questions do you want the answers to? New Products, Better Pricing. The SolarWakeup Buyer’s Group has an updated price list for members now available saving them money and giving them price transparency on products they buy every day. If you’re curious about joining, hit reply or take the price challenge. Sell More Solar with CollectiveSun. My friends at CollectiveSun know Nonprofits. They know that Nonprofits are looking for three things when going solar: a simple and user friendly process, the ability to utilize tax benefits, and access to funding that doesn’t break the bank. CollectiveSun can help you give them all that and more. These days, more than ever, Nonprofits are looking to lower their operating expenses. CollectiveSun will help you generate more sales and will work with you to become the go-to solar installer for Nonprofits. Click here to learn more about working with CollectiveSun.

Solar Industry: NextEra Energy Resources Poised to Double U.S. Energy Storage Capacity

Utility Dive: Going beyond Order 841 to more meaningful FERC storage policy

Axios: Climate change groups demand Biden ban fossil fuel reps in his admin

Vox: The US South could save money by cleaning up its power grid

PV-Magazine: Eos announces 1.5 GWh of zinc battery storage projects across Texas and California

Solar Power World: San José mayor and L.A. supervisor call for utility “exit fee” reform

PV-Tech: Q CELLS debuts company’s highest power solar module in Europe

Greentech Media: WoodMac – Biden Loss Would End Hopes of US Decarbonization by 2050

GreenBiz: Carbon pricing works, and this proves it

Opinion

SolarWakeup: C&I Solar Fixed By Retail Energy Company Startup with Catalyst Power’s Gabe Phillips

Best, Yann

The post This is your SolarWakeup for September 2nd, 2020 appeared first on SolarWakeup.com.

from Solar Energy https://www.solarwakeup.com/2020/09/02/this-is-your-solarwakeup-for-october-18th-2019-2-2-2-2-2-3-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-3-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-3-2-2-2-2-2-2-8-7/

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sabrinawhill · 4 years ago

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Dairy Quota Saga Getting Closer to Final Outcome

California’s dairy quota saga continues after an administrative law judge issued a decision regarding one of the actions involving the Quota Implementation Plan (QIP). The Stop QIP group had filed a petition seeking a referendum to suspend Chapter 3.5 of the California Food and Agriculture Code, effectively terminating QIP. After two days of virtual hearings back in June, Administrative Law Judge…

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#California Dairy #dairy production #dairy quota program

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californiaprelawland · 4 years ago

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Tesla’s Lawsuit Against Alameda County: Reopen the Fremont Factory

By Stephanie Yu, Pomona College, Class of 2022

May 25, 2020

On May 9, Tesla, Inc. filed a lawsuit against Alameda County, home to one of the corporation’s factory plants and one of the largest contributors to the company’s revenue, for forcing shutdown of the Fremont site.[1] Alameda County policy has mandated sheltering in place and closure of Tesla operations in compliance with the March 19 Executive Order N-33-20 (stay home order), which mandates all California residents to remain at their “place of residence, except for permitted work, local shopping, or other permitted errands.” [2] Exceptions to this order apply only to “essential critical infrastructure workers” within thirteen sectors; however, the County has deemed Tesla services to be non-essential.

The shuttering order arrived shortly after the corporation had announced an increase in manufacture of the Model Y, “a highly anticipated new sport utility vehicle,” coupled with inaugural ventures including the recent opening of a Chinese factory and the forthcoming opening of a plant in Germany. [3] Nevertheless, CEO and product architect Elon has continued operations in pursuit of his “plans to revolutionize the auto industry and help solve climate change.” [3] In response to County policy, Musk has threatened to relocate its California headquarters and production sites to Texas. [4] Moreover, Tesla has taken legal action against Alameda County in federal court, filing a lawsuit founded on the primary accusation that Alameda County has superseded the statewide order, forcing closure of businesses that constitute “critical infrastructure” and are permitted to remain open. Tesla alleges that Alameda County’s actions cannot be misconstrued as permissible under Governor Newsom’s N-60-20 order, which asserts that “nothing…limit[s] the existing authority of local health officers to establish and implement public health measures… more restrictive” than statewide measures [5]. Conversely, Tesla contends that the forced shutdown of its operations directly subverts the Governor’s orders.

The plaintiff’s complaint against Alameda County can be divided into three sections. First, Tesla alleges that Alameda county has violated the Fourteenth Amendment’s Due Process Clause by “fail[ing] to give reasonable notice to persons of ordinary intelligence of what is forbidden under the law.” [6] Tesla contends that the contradictory nature of Alameda County’s order in relation to the Governor’s order creates confusion, impeding Tesla’s understanding of the denial of open operations and unjustly subjecting Tesla to the threat of “criminal prosecution.” Moreover, Tesla elaborates that there is no formal procedure to “challenge the County’s determination that it is not an essential business.” Consequently, constitutional rights to liberty and use of property are being denied, and due process of law is not being served, Tesla says. [6]

Next, Tesla contends that the County has breached the Fourteenth Amendment’s Equal Protection Clause, which safeguards civil rights, prevents a state from “deny[ing] to any person within its jurisdiction the equal protection of the laws” and requires a rational reason for seemingly similar entities to be treated differently. [7] Tesla maintains that unjustified, “disparate treatment” can be witnessed between the shuttered Alameda County facilities and the operating, neighboring San Joaquin County facilities. [6] According to Tesla, the order lacks an explanation for the inconsistency in treatment; additionally, quantitative comparison of the COVID-19 cases between the two counties, as of May 7, reveal comparable statistics: 79.3 cases and 3.7 deaths per 100,000 in San Joaquin County, and 114.5 cases and 4.2 deaths per 100,000 in Alameda County. [6]

The final section of the plaintiff’s complaint draws upon article XI, section 7 of the California Constitution to illuminate the third alleged violation, one that has been previously alluded to in the document. Tesla claims that it “operates in three of the federal critical infrastructure sectors: (i) “Transportation Equipment Manufacturing,” which includes “Vehicles and Commercial Ships Manufacturing”; (ii) “Electrical Equipment, Appliance, and Component Manufacturing,” which includes “Electric Motor Manufacturing”; and (iii) the “Energy Sector;” herefore, the Governor’s Order grants it the explicit right to continue operations. [6] In other words, Alameda County’s ruling of Tesla operations as nonessential and consequent shutdown of the Fremont factory represents unconstitutional defiance of state orders, as the county is not permitted to enforce “all local, police, sanitary, and other ordinances and regulations… in conflict with general laws” [6].

In response to the lawsuit, Alameda County’s Health Department released a statement, communicating that officials are partnering with Tesla to outline a plan to assist the reopening of the Fremont site while ensuring worker safety. As of May 18, Tesla has been permitted to resume operations, with its health and safety plan “approved by Alameda County’s interim health officer after authorities toured the facility last week.” [8]. Prior to the County’s support for reopening, President Donald Trump articulated support for the resumption of Tesla’s operations, tweeting, “California should let Tesla & @elonmusk open the plant, NOW. It can be done Fast and Safely!” [3]

________________________________________________________________

Stephanie Yu is a rising junior at Pomona College pursuing a double degree in Computer Science and Public Policy Analysis, with a concentration in Chemistry. Stephanie holds strong moral convictions that she applies to all areas of work, and she is currently exploring the potential of a career in law. In her free time, she enjoys neighborhood walks with her family.

________________________________________________________________

[1] Assis, Claudia. “Elon Musk Threatens to Move Tesla Out of California, Then Files Lawsuit.” MarketWatch. 10 May 2020, https://www.marketwatch.com/story/elon-musk-threatens-to-move

-tesla-out-of-california-2020-05-09

[2] Stay Home Except for Essential Needs. California Coronavirus (Covid-19 Response), 15 May 2020, https://covid19.ca.gov/stay-home-except-for-essential-needs/#faq

[3] Chokshi, Niraj. “Coronavirus Wrecked Tesla’s Momentum and Elon Musk Is Furious.” The New York Times, 13 May 2020, https://www.nytimes.com/2020/05/13/business/Elon-Musk-

tesla-factory-coronavirus.html?searchResultPosition=1

[4] Campos, Elizabeth. “Tesla Filing Lawsuit Against Calif. County After Decision Not to Reopen Businesses. NBC10 Philadelphia, 11 May 2020, https://www.nbcphiladelphia.com/news/

national-international/tesla-filing-lawsuit-against-alameda-county/2390625/

[5] Newsom, Gavin. Executive Order N-60-20. 4 May 2020, https://www.gov.ca.gov/wp-content/

uploads/2020/05/5.4.20-EO-N-60-20-text.pdf

[6] Tesla v. Alameda County (2020). https://fm.cnbc.com/applications/cnbc.com/resources/files/

2020/05/09/Tesla%20v%20Alameda%20County%20Complaint%20copy.pdf

[7] Equal Protection Clause. Wikipedia. https://en.wikipedia.org/wiki/Equal_Protection_Clause

[8] Simmons, Rusty. “Tesla Tells Employees Fremont Factory Has Approval to Restart this Week.” San Francisco Chronicle, 17 May 2020, https://www.sfchronicle.com/business/article/

Tesla-tells-employees-that-Fremont-factory-got-15276512.php

Photo Credit: Steve Jurvetson

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divulgacion-alternativa · 4 years ago

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Benjamin Fulford Publication Links - May 18 - 2020

Benjamin Fulford Publication Links - May 18 - 2020:

Let us start with the otherworldly part of this battle. Here the U.S. government started openly recruiting staff for off-world work. The ad can be seen here: https://www.youtube.com/watch?time_continue=1&v=9ud7wgbBBnY&feature=emb_logo

The release of this recruitment advert was followed by the murder of Air Force Col. Thomas Falzarano, who commanded the service’s 21st Space Wing. https://www.stripes.com/news/air-force/air-force-space-wing-commander-dies-at-peterson-air-force-base-1.629647

https://www.accuweather.com/en/severe-weather/6-5-magnitude-earthquake-strikes-nevada-shaking-felt-hundreds-of-miles-away/740300

The quakes were followed by a very unusual UFO sighting in Brazil followed by a crash of a UFO that was filmed by many people. A two-minute video showing the UFOs and the crash site can be seen here: https://www.youtube.com/watch?v=pL9W7ME6elg

It looks like the Israelis are also trying to invoke Moses by making a river there run red. https://www.thesun.co.uk/news/11637903/israel-river-red-blood-like-biblical-plague-egypt/

The Israeli’s Satanic pseudo-Muslim allies in Saudi Arabia are also under extreme threat. Not only have they lost allies like the UAE and Qatar, but they are also now under attack from Yemen.

The cities of Riyadh, Mecca, and Medina have been under 24-hour curfew and shut off from the rest of the world since April 2nd. There are also reports that 70% of the population has been infected with the “coronavirus.” https://www.middleeasteye.net/news/coronavirus-saudi-arabia-mecca-most-population-infected

Well now the President of Madagascar, Andry Rajoelina, claims the World Health Organization offered a $20-million bribe to poison their Covid-19 medicine. https://greatgameindia.com/who-offered-20m-bribe-to-poison-covid-19-cure-madagascar-president/

You can download the whole comic from the EU website: https://op.europa.eu/en/publication-detail/-/publication/4cc2ea93-d003-417e-9294-1103a6ee877d

“The World Bank Group is working with the Bill and Melinda Gates Foundation, to conduct the first set of pandemic simulation exercises that are designed to recreate a disease outbreak scenario to provoke a robust discussion about pandemic preparedness among policymakers. President Jim Yong Kim, Bill Gates and Chancellor Angela Merkel of Germany will jointly host simulation exercises on pandemic preparedness for the Heads of State and private sector leaders during the next World Economic Forum in Davos in January 2017 and the G-20 Heads of State meeting in July 2017. https://blogs.worldbank.org/health/pandemic-simulations-preparing-catastrophe-we-hope-will-never-happen

“Given the colossal hit on real economies and the highly interrelated global financial system, saving a globalized economy this time requires even stronger global collaboration.” http://www.xinhuanet.com/english/2020-05/18/c_139065941.htm

For example, it looks like they are about to free prison slave laborers. Last week Trump passed an executive order against forced labor. https://www.whitehouse.gov/presidential-actions/eo-establishment-forced-labor-enforcement-task-force-section-741-united-states-mexico-canada-agreement-implementation-act/

Of course, it may just be an excuse not to buy things from China. However, prison slave laborers are being freed across the U.S. now. https://www.washingtontimes.com/news/2020/may/17/gavin-newsom-california-governor-eyes-prison-closu/

The nationalization of the Federal Reserve Board inside the U.S. is also starting to benefit average Americans. For example, two-thirds of Americans left unemployed by this pandemic exercise are now getting more money than when they were working. Also, the U.S. is finally rebuilding its long-neglected infrastructure. https://www.redstate.com/alexparker/2020/05/15/coronavirus-two-thirds-americans-making-more-unemployment-economic-stimulus-cares-act/

https://www.whitehouse.gov/presidential-actions/executive-order-securing-united-states-bulk-power-system/

The gnostic Illuminati controlled U.S. is also winning its battle against bloodline rule there. The bloodline families are now being forced to fight against Trump using a virtual Obama. https://www.dailymail.co.uk/news/article-8328345/Donald-Trump-asserts-shutdowns-deadly-people-leave-house.html

Also, former CIA and Marine intelligence officer Robert David Steele notes that “the certainty that NSA has every email, every text, every cell call, every game chat ever made by naked short selling and money laundering criminals on Wall Street — could yield a $100 trillion bonanza for President Donald J. Trump, who up to this point has been fooled into thinking that $15 trillion was the best he could get. Learn more at https://stopnakedshortselling.org”

It’s worth noting that foreigners dumped a record $300 billion in U.S. debt in March. https://www.zerohedge.com/geopolitical/foreigners-dumped-record-amount-us-treasuries-amid-march-liqudity-crisis

Therefore, with U.S. industrial production dropping the most in 100 years and now operating at only 65% capacity due to a lack of imported parts, the Trump regime will have no choice but to make a deal with the moderate faction of the globalists. https://www.zerohedge.com/markets/us-industrial-production-plunges-most-over-100-years

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militaryleak · 5 years ago

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Air Force and Boeing Agree on Final KC-46 RVS 2.0 Design

The Air Force and Boeing reached two agreements April 2 to implement a final KC-46A Pegasus Remote Vision System design, known as RVS 2.0, and help counter COVID-19 impacts on the defense industrial base.

The two Memorandums of Agreement (MOA) will be incorporated in the KC-46 contract.

The first MOA institutes the redesign and retrofit of RVS 2.0 in full compliance with the contract requirements…

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godfreyymuwonge · 5 years ago

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How Gender Equality Improves Business

Entrepreneurs’ Organization (EO) is proud to support International Women’s Day (IWD), which celebrates the social, economic, cultural and political contributions of women. With robust female-focused initiatives and a longstanding history of empowering women leaders, EO upholds the mission of this global program every day.

This year’s IWD falls on 8 March, 2020, and its focus is #eachforequality, which recognizes that equality is not a women’s issue—rather, it’s an economic issue. Equality between genders is good for business, great for communities and essential for business growth.

We asked EO Colorado member Ashley Picillo (picutred at left) to share her insights on gender equality in business. Picillo is the chief executive officer and founder of Point Seven Group (Point7), a women-owned and -operated boutique cannabis consultancy based in Denver, Colorado, and Sonoma County, California.

1. What specific ways are you supporting gender equality in your business and your community?

As a certified Women’s Business Enterprise (WBE), it is absolutely my responsibility to support gender equality in my own company. This is demonstrated in the way that we recruit, staff and train Point7 employees, paying careful consideration to employee retention.

When selecting third-party suppliers, we strive to engage with women-owned companies whenever possible. I have developed a team that is over 50 percent female, with a 100 percent female C-suite, and specifically seek out women whenever possible when it comes to hiring contractors, writers and other part-time positions.

The Point 7 team.

Beyond our efforts internally at Point7, we are in a unique position to help shape the broader cannabis industry by working with our clients to develop their business strategies.

As consultants, we spend a great deal of time designing business plans, hiring and training programs, and brands with our clients. We are therefore in a position to shape these companies from the outset.

We have thoroughly developed standards of procedure regarding all personnel, hiring and training matters and make it a point to highlight best practices for curating a team that is diverse and inclusive of women and minorities.

2. Have you personally witnessed the benefit of gender equality in your business or local economy? In what ways?

Absolutely. Companies that prioritize gender equality are stronger, smarter companies. Period. Any time you have diverse thinkers, with different backgrounds and unique perspectives, co-tackling an issue, the company (and the participants in this dialogue) win big.

I truly believe that our clients see the benefit in working with a women-owned, and largely women-led company. I also think female consumers are being more thoughtful about their buying habits and are more consciously spending their dollars at other women-owned businesses when possible.

A benefit I’ve noticed within my own business is that the women on my team truly have a voice—and are not only heard, but also respected. I can confidently state that every single woman at Point7 has been put in the uncomfortable and extremely frustrating position of being talked over, disregarded or flat out disrespected by a male counterpart in some, if not all, of our previous employers. Sadly those instances were not one-time ordeals, nor were they specific to any one industry.

By endeavoring to create an even playing field at my company, where everyone gets the respect they deserve, each member of the team feels comfortable ideating, brainstorming, leading and participating in meetings, and being in the workplace.

3. According to research from the British Chamber of Commerce, women are better at identifying gaps in the market, developing innovative products, and applying technology in their businesses. What unique characteristics do you believe women bring to business and to entrepreneurship?

I believe women need to be far more planned, polished, and prepared than men when launching a new company because of the challenges women face when starting on the path of entrepreneurship.

There are barriers and biases in front of women that do not exist for men, so for women to succeed, we need to be prepared and extremely thoughtful about how we are going to execute on our business strategy. As a female founder myself, I’ve understood from the beginning that my margin for error is extremely narrow; I cannot afford to make mistakes in the same way I believe a male counterpart can.

Technology implementation has allowed me to maintain a fairly lean payroll (critically important if fundraising is challenging). I need to constantly evaluate and reevaluate the market so my team and I do not lose sight of the problem(s) we are solving for our clients and customers.

My team laughs a lot about this, but we are constantly ‘pivoting’ to make sure that we stay relevant and that the products and services we offer are innovative and necessary in the marketplace.

I don’t think these issues are unique to a women-owned company, but I do think the pressure to excel is greater because there are fewer options for women-owned businesses when it comes to capital.

Beyond this, I think women who are able to channel their emotional intelligence into leadership can truly thrive and push past their competitors. In my role of owning and operating a consulting firm, I need to understand how my customers, clients and team are feeling at all times.

People management and understanding is absolutely critical to our success and something that seems to come naturally to women.

4. What trends or changes do you predict will take place as younger women assume leadership roles and launch businesses?

For starters, I think we’re going to see a major shift in the way that women-owned start-ups raise capital.

The unfortunate current reality is that women often struggle to gain the same access to capital as their male counterparts. However, studies have shown that global GDP could rise by more than 3 percent if women and men participated in entrepreneurship equally, equating to trillions of dollars in growth to the global economy.

Venture funds would be crazy not to examine this possibility and in turn, invest heavily in women-led businesses. If this happens, more women can start—and sustain—their businesses. Currently women-owned businesses fail at higher rates than male-owned businesses, in part due to capital constraints and limited access to cash during critical growth phases.

Greater investment in women-owned businesses will also result in more women in business, and therefore stronger, more powerful social and professional networks. These networks will result in mentorship as well as greater interaction between female founders, giving way to new companies and even more innovation.

I also expect to see a rise in diversity in the workplace as more and more women become business owners.

The post How Gender Equality Improves Business appeared first on Octane Blog – The official blog of the Entrepreneurs' Organization.

from Octane Blog – The official blog of the Entrepreneurs' Organization https://blog.eonetwork.org/2020/03/gender-equality-better-for-business/ via IFTTT

#Octane Blog – The official blog of the Entrepreneurs' Organization

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