Mindset and Entrepreneurship: Running Towards A Higher Purpose

Being an entrepreneur is a journey full of ups and downs, challenges and victories. Yet, the journey is as much an inward exploration as it is about scaling a business or conquering markets. For those who dive deep, a realization dawns: the mindset that fueled one phase of their entrepreneurial journey might not be the same that propels them to the next. As an ecommerce entrepreneur with seven years under my belt running eBike Generation, I sell ebikes for hunters, I had a revelation that brought this truth to the forefront.

From Escape to Embrace

My initial years in the world of entrepreneurship were dominated by a singular drive – to escape poverty. The fear of not succeeding, of returning to financial instability, was a powerful motivator. Every decision, strategy, and late-night hustle was fueled by the desperate need to move away from what I perceived as failure.

And it worked.

Years passed, and the business thrived. Financial stability was no longer a distant dream but a tangible reality. Yet, a new challenge arose. The fiery motivation that once consumed me started to wane. The dread of poverty that once spurred me to action was no longer looming over my shoulder. It led to a few months of struggle, wrestling with declining motivation and productivity.

The paradigm had shifted. The realization was clear: what got me here wouldn’t get me there. The flight from poverty had ended, but the journey of entrepreneurship hadn’t. It was time to change my mindset from running away from fear to running towards a greater purpose.

The Higher Calling

Money, as powerful a motivator as it is, can only take one so far. True, lasting success in entrepreneurship isn’t just about financial gains but about creating an impact, touching lives, and making the world a slightly better place.

Now, my perspective is centered on how my business can serve beyond its commercial objectives. How can it contribute positively to society? Can it promote sustainability? Empower a marginalized community? Elevate an artisanal craft? The answers to these questions are becoming the new driving forces. The goal is no longer just about personal enrichment but societal betterment. Today I help high school kids that are graduating from the very school I went to in Dublin, Ireland. The program I support is a pilot project called The Breakthrough Project. It shows high school youths that there are many opportunities out there and how to attain them. It’s working well and is very fulfilling for me.

The Evolving Mindset of an Entrepreneur

As entrepreneurs, it’s crucial to be cognizant of our internal drives. Recognizing the need to shift one’s mindset is an essential trait for sustained success. For some, the transition might be from financial motivations to altruistic ones, as was the case with me. For others, it might be from seeking validation to fostering innovation.

What’s clear is that a static mindset in a dynamic entrepreneurial environment can be limiting. As we evolve, so should our reasons, our ‘whys’. The beauty of entrepreneurship is not just in building businesses, but in the personal growth and transformation it brings along.

To my fellow entrepreneurs, I say: Embrace the evolution of your mindset. Recognize when your motivations need recalibration. The journey of entrepreneurship is as much about discovering yourself as it is about market discoveries. And as you climb higher, remember that the view is not just about how far you’ve come, but also about how much more good you can do.

In conclusion, the entrepreneurial mindset is a journey of constant evolution. While initial motivations may be rooted in personal gains or fears, as we grow, it’s imperative to find deeper, more meaningful reasons to push forward. In doing so, not only do we ensure the longevity and relevance of our businesses, but we also pave the way for impactful, purpose-driven entrepreneurship.

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Boost Your Forex Trading Success With Reliable Forex Trading Signals

In the fast-paced world of forex trading, staying ahead of the curve is essential for success. With the global forex market handling over $6.6 trillion in trading volume daily, traders are constantly seeking ways to gain an edge. This is where Forex Signals Telegram groups come into play – they offer traders valuable insights and information to help them make informed decisions. In this article, we’ll delve into the world of Forex Signals Telegram groups, explaining what they are, how they work, and how they can enhance your trading strategy while being vigilant about potential scams.

Understanding Forex Signals Telegram Groups

Forex Signals Telegram groups have gained immense popularity as a platform for delivering trading signals. These groups provide real-time information about potential trading opportunities, offering insights into when to buy or sell a particular currency pair. These signals are generated by experienced analysts or advanced algorithms, utilizing technical and fundamental analysis to identify trends and predict market movements.

Critical Benefits of Forex Trading Signals

Informed Decision-Making: One of the most significant advantages of using Telegram groups for trading signals is the ability to make well-informed decisions. These groups provide traders with essential information, reducing the reliance on gut feelings and emotions.

Time-Efficiency: For beginner and experienced traders, the forex market’s 24/5 nature can be overwhelming. Forex Signals Telegram groups help save time by highlighting potential opportunities, allowing traders to focus on other essential tasks.

Access to Expertise: Some Forex Signals Telegram groups are backed by experienced traders and analysts with a deep understanding of market dynamics. This gives traders access to expert insights from a different expertise levels.

Diversification: Many Telegram groups offer signals covering various currency pairs and trading strategies. This enables traders to diversify their portfolios and reduce risk by not relying on a single trading approach.

Choosing Reliable Forex Signals Telegram Groups

While the popularity of Forex Signals Telegram groups has soared, it’s essential to exercise caution due to the presence of potential scams. To truly benefit from these groups, selecting a legitimate provider is crucial. Here are some factors to consider:

Track Record: Look for a Telegram group with a proven track record of accurate signals over a significant period. Past performance is a good indicator of the group’s credibility.

Transparency: Legitimate signal groups are transparent about their methodology, trading strategies, and risk management practices.

Endorsement from Finance Brokers: Some top finance brokers endorse and support legitimate Forex Signals Telegram groups. These groups often have a higher likelihood of being trustworthy.

Risk Management: To protect your capital, the best signals come with clear risk management recommendations, including stop-loss and take-profit levels.

Real-time Delivery: Timeliness is crucial in forex trading. Ensure that the signals are delivered promptly through the Telegram group.

Verification: Look for Telegram groups that reputable industry sources or platforms have verified.

Conclusion

Forex Signals Telegram groups can significantly enhance your trading journey by providing valuable insights, saving time, and improving decision-making. However, due to the presence of potential scams, it’s vital to choose a legitimate and reputable Telegram group. Incorporating trading signals from trustworthy sources into your strategy can give you the competitive edge to navigate the dynamic forex market successfully. Start exploring verified and endorsed Forex Signals Telegram groups today and elevate your Forex trading game with the guidance of expert insights.

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Ross Cameron of Warrior Trading on Day Trading Tips and Challenges

Ross Cameron, a full time day trader and Founder of Warrior trading that offers trading tools and educational courses for day traders joins Enterprise Radi0.

Listen to host Eric Dye & guest Ross Cameron discuss the following:

How much of trading is textbook knowledge and how much is gut feeling?
What are the biggest challenges for the professional day trader?
How do you go about developing new products or ideas for Warrior trading?
How has the market changed in the last decade for both day trading and business involved with day trading?
What is something somebody should look for in a trading mentor or in trading tools and indicators?

Ross Cameron is a full-time day trader best known for turning $583 into over $10 million in audited day trading profits. In 2012 he created Warrior Trading as a blog to chronicle his journey of learning how to day trade. In 2014, Warrior Trading began offering a members only chat room, and Ross taught his first day trading course to members. In 2015 he authored the book “How to Day Trade”.

In 2016, traders asked Ross whether or not his strategies could be applied to a small trading account. At the time, Ross was trading in an account with a balance of $50,000+. To answer the question in real-time, Ross funded a tiny account in January of 2017 with $583.15. In 45 days, the account grew to over $100,000. By the end of 2017, he’d crossed over $300,000. In 2019, Ross crossed $1mil in profits, and by December of 2022, he had broken $10 million in profits.

As a trader and a teacher, Ross has the unique perspective of being a seasoned trader, while being reminded daily of the struggle many beginner traders face. Even after more than a decade of trading full time, Ross continues to focus each day on the simple strategies he used to grow his small account. While many traders increase the complexity of their strategies, Ross has strived to keep it simple. This has been a win both in his own trading and in his ability to provide relatable and valuable commentary to beginner traders.

Today, Ross continues to day trade each morning. The rest of his day is spent working on course material for students at Warrior Trading, managing his team of developers, and planning the next enhancements for the trading platform his students use every day.

Ross lives in the Berkshires of Massachusetts with his wife and two sons. When he’s not trading, he enjoys making homemade maple syrup, growing raspberries, blueberries, and fruit trees, and teaching his children about living a lifestyle of self-reliance.

Website: https://www.warriortrading.com

Social Media Links:
Facebook: https://facebook.com/warriortrading
Instagram: https://instagram.com/warriortrading

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Forex Trading Hours

There are three major forex trading sessions, namely the American session and the European session. The European session is also known as EET, or Eastern European Time. In winter, these times are GMT+2, and in summer, they are GMT+3. During the European and American hours, most foreign exchange trading takes place. This is when the trading spreads are lowest.

Source: Unsplash

European session

There are several distinct trading hours in the currency markets. The Asian session is the first of the two, with the American session following. Traders from both continents come together during this time. European businesses trade with companies outside of the continent and vice-versa. The trading activity in these two sessions varies. The volumes of each currency pair will be different during each session, as will the volatility.

Trading in these markets is impacted by macroeconomic news and macroeconomic indicators. In addition to evaluating economic reports from the Bank of England and the European Central Bank, traders should keep an eye on important economic indicators coming from countries such as France, Italy, and Germany.

Asian session

The Asian session trading hours are the most active trading times of the day. Unlike the European and American sessions, this session has fewer participants. This means that liquidity is less available and the price of a currency will not move as quickly. Instead, the currency will be in a narrow range. Traders who base their strategies on fundamental analysis may decide to trade during the Asian session.

The Asian session has a lower liquidity level than the US and London sessions. This lower liquidity creates lower trading volumes, which reduces the likelihood of large moves outside of the trading range. The following chart shows the volatility levels outside of the Asian session:

New York session

The New York session is the longest trading day of the week and is dominated by US markets, with Canada and Mexico contributing to the trading activities. This session begins after the Asian session has ended and before the European session closes. It accounts for approximately 16% of the global forex volume. Traders should know about its trading hours before participating in this session. Moreover, it is important to keep in mind that the session overlaps with the Asian session in the morning, and has less activity near the closing bell.

Whether you’re a day trader or an intraday scalper, knowing the New York session’s trading hours is crucial to your trading strategy. By keeping an eye on the New York session’s trading hours, you can find entry levels and orderblocks for trades. Keep in mind, though, that the session time varies with exchanges, and may need to be adjusted. If you’re trading in a different exchange, make sure to check the time zone settings on your trading platform. Most of them default to a 12am New York session, but you can change it to fit your needs.

Evening session

Forex trading hours are determined by the economic activity of each currency pair. During certain periods, some currencies trade at a higher volume than others. The main reason for this is that some countries are open for business at certain times. For example, when Japan is open for business, it is likely to trade foreign currencies with other nations. It is also likely to exchange yen for domestic currency.

The European and American sessions overlap during these hours, increasing the volume and volatility of the markets. This overlap often makes for some of the most lucrative times to trade forex. However, traders should always be cautious during major events such as news releases or national holidays, because these events can cause volatility.

New York-London overlap

Forex trading is a global industry with numerous locations and trading hours. The New York-London trading hours overlap between 1:00 pm and 5:00 pm GMT, when the US Dollar and Euro are the most active currencies. The overlap between the two major markets can lead to greater price activity and volatility. If you’re a beginner or an experienced trader, it’s important to know the opening and closing times of the Forex markets so you can plan your trading strategies accordingly.

Forex trading during these two sessions overlap, and some forex pairs will experience a large amount of activity during the New York session, and a lesser amount during the London session. However, currency pairs tend to have greater liquidity when one or both of them are active. For example, USD/JPY will experience more activity during the US session than during the European session, but will be less active during the Asian session.

What Is A Gold-Backed IRA, And What Are Its Advantages?

A gold-backed IRA, also known as a precious metal IRA, refers to an account that holds precious physical metals such as gold, silver, platinum, and palladium as your retirement portfolio. The account matures when you turn 591/2 since it is like a normal retirement account. People who go down this road consider them as an alternative to stocks, gold ETFs, and mining shares accounts since they are not affected by the market’s volatility. You might hold back for fear of the unknown when advised to get one. What most do not realize are the benefits associated with this account. Below is a brief description of how the account operates and the advantages you will likely enjoy.

How Does a Gold-Backed IRA Account Work

Gold-backed IRAs typically follow rules similar to traditional IRAs except for a few tweaks imposed by the IRS due to the complex nature of the assets. The account is funded just like a normal retirement account. The owner raises funds and approaches a custodian and a broker to complete the deal.

The broker sells the gold, and the custodian keeps it in a depository or space. The custodian is responsible for managing paperwork and filing tax reports based on your gold transactions. However, the most important role of this custodian will be to store your gold IRA. As the owner, you cannot store personally acquired gold unless it is authorized, inspected, and insured. This ensures it meets all the guidelines for gold stored in an IRA account.

The IRS dictates that any gold purchased should be of 99.5% purity or be one of the known gold coins such as; The Canada Maple Leaf, the American Gold Eagle, the American Buffalo, and the Kangaroo Coins. Typically, the IRS counts any form of handling or storage of gold IRA as withdrawal. If you decide to take your gold home for storage, you may also be subject to imposed taxes.

Therefore, it is advised that you employ a custodian to handle your precious metal. The custodian in question would naturally be a bank, a national depository, or any IRS-approved handler. They would also ideally have the necessary resources to handle your metal.

How you buy these precious metals are often based on a few factors. For instance, if you already have an existing normal IRA, open a gold IRA and roll over your 401(k) into the gold account. Since the rollover will be within IRS restrictions, no taxations will be imposed.

Another way to fund your gold IRA is essentially pumping money into it. As long as you follow the contribution limits, you can fund your account with just enough money to be able to purchase gold for your IRA. You can get a Roth account that allows you only to use taxed income or a traditional account that uses untaxed funds. The taxes accrue over time. They are later surcharged once it matures.

Advantages of Having a Gold-Backed IRA Account

1)            The Buy-And-Hold Element

With the markets becoming unstable by the day, you need a safe landing that does not shift as fast. Gold has proven time and time again that it can withstand the shifts without losing its value. If anything, it tends to gain while the rest are on a losing streak. Having gold stashed away helps you make the most out of the market since you can sell when it is at peak and store it when losing. The holding period allows you to avoid losses and protect your investment, which can plunge if invested through different platforms.

2)            Tax Exemptions

The specialty of elements will often also attract special exemptions. Gold IRAs enjoy exemptions such as the 28% collectible tax rate; there is no tax on potential growth or distributions. Provided that you do not make any withdrawals until the specified retirement age, it would help if you did not owe any gains. Moreover, a rollover on an existing IRA will not necessarily trigger tax implications.

3)            Self-Directed Control

You can go for a self-directed gold IRA account that allows you more control over your account. You have the power to make all decisions, including investments and withdrawals. The account allows you to gain more insight into how gold and other metals perform in the market and how the custodian handles your account. This process helps you make informed decisions on whether to keep going, make changes or transfer your stash to a different custodian.

4)            Assurance

Unlike normal stocks that do not have a steady, predictable growth pattern, gold IRAs have a stable growth pattern. As a result, many Gold IRAs are attracting many modern-day investors. It essentially follows an inverse relationship with normal assets. While normal stocks and assets struggle, gold performs well, creating a perfect balance.

The post What Is A Gold-Backed IRA, And What Are Its Advantages? appeared first on Entrepreneurship Life.

Can I trade Forex with $100?

Many people know that $100 today doesn’t buy very much, but if you want to get a head start in the forex market, $100 can get you started and even open up a new source of income for you from the comfort of your home. Soaring inflation caused by global political and economic turmoil has diminished the dollar’s value. While it is true that inflation depreciates money’s value, I assure you that much value can be derived and acquired with only $100. It is imperative, however, that the use of money is sensible and logical to obtain the desired utility. All that depends on your planning and smart work. Your initial $100 forex account may ultimately improve your quality of life if you create and follow a successful trading strategy.

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Starting an investment portfolio seems flashy, but it can puzzle a ton of people. Many individuals are flooded with questions: can I start with $100? Is Forex safe? Or is Forex good for beginner traders? We shall answer these questions in this piece and unpack the whole package. 

Forex Trading

Exchanging one currency for another on the forex market is known as forex trading. In general, currency trading is a high-risk activity related to gambling than investing.

The ideal course of action, if you are just getting started in the forex market, would be to develop and test a risk-taking strategy that includes careful money management strategies and well-defined procedures for opening and closing trades.

Let’s take a look at what those strategies are that you can employ to get started.

Conducting Research

Wise men say: knowledge is power. When used to describe trading in the forex market, which leads all other global financial markets in trade volume, these words have special significance—your chances of succeeding while trading Forex increase by becoming more knowledgeable about markets and trading in general.

However, you will need to learn a certain amount about currencies and the underlying elements that affect their relative valuation if you hope to achieve any level of sustained long-term success. Most online brokers offer new traders a wealth of educational materials, like articles, e-books, webinars, and instructional videos. Before you start risking money, all of these might assist you in gaining more knowledge about the currency market.

Play in the Nets

The beauty of Forex trading is that you have multiple options available to you where you can learn to trade in a real-time-like atmosphere without losing money. The accounts you play with are called demo accounts. It makes sense to open a demo account, so you may familiarize yourself with the market and learn how to utilize a broker’s trading interface without risking any money. Beginners can also use a demo account to develop and implement their trading strategy.

You may also ascertain if you have the necessary mindset to succeed as a forex trader by studying how to accept risk as a trader and observing how disciplined you are when it comes to taking winnings and losses.

You can start creating a trading plan once you have opened your trial account and started trading with practice money. If you want to be successful, keep in mind that creating a trading strategy is simpler the more information you have. So that your trading plan has a strong foundation in best practices, take the time to explore as many online instructional trading resources as possible.

Start Trading Real-Time

You can fund a live account and execute your first actual transaction after you’ve placed trades in your demo account and developed a trading strategy you feel confident about. Even if you’re only risking $100, trading in a live account may seem the same as trading in a demo account because both involve experiencing emotional ups and downs.

Fortunately, since most brokers allow trading in micro units or 0.01 lots, users may execute any feasible trading strategy with a $100 account. You can then increase the number of your trading units once you’ve improved your trading strategy and boosted your working capital through productive trading. By including a solid money management strategy in your trading plan, you can prevent suffering more losses than you anticipated.

The euro versus the U.S. dollar (EUR/USD) is one of the most fantastic pairs for a beginning trader because of its strong liquidity and small dealing spreads. The strategy explains why the pair is the most actively traded on the forex market. The EUR/USD often provides an excellent vehicle to begin forex trading with $100 because you can easily acquire economic news that impacts both markets.

Think in Numbers Importance of Budgeting

Budgeting is an essential skill one needs to master for long-term financial success or trading with just $100.

A $100 budget for currency trading is an easy way to set aside money and start your trip. However, unless you believe it is prudent to increase your investments, you must stick to your $100 limit. For instance, stick to that spending plan if you set aside $100 each month. Someone with a very limited budget might set aside $100 every three months.

You might want to save, cash out, or reinvest your profits if successful. You might increase your budget to $125 or $150 if you intend to reinvest. Your budget shouldn’t ever be raised to an uncomfortably high level. Because you could easily lose the entire investment, the only way to succeed is to keep your spending within your means.

How is $100 enough?

Before the development of online trading, the forex market was essentially inaccessible to smaller retail traders, and it has only lately become open to them. Since it was not possible a decade ago, almost anyone may now trade Forex utilizing their computers or mobile devices as an exciting work-from-home option. Just as it has done for a rising number of people, you might start earning money from home with a small $100 trading account. On the other hand, $100 does not seem like much to lose to learn that lesson if you ultimately decide that trading forex is not for you.

Conclusion

The beauty of Forex Trading is that you can start with a small amount, unlike traditional portfolios, where the seed amount to start investing is usually high. Starting with $100 lets you out of a considerable risk of going bankrupt if trades go down, but it also provides a unique opportunity to learn, grow, and reinvest. It also helps add a side income. It is suggested, however, to keep researching and learning about different analysis techniques to ensure effective results.

The post Can I trade Forex with $100? appeared first on Enterprise Podcast Network – EPN.

Is Email Marketing Dead?

“Email marketing is DEAD!”
“AI is taking over the inbox!”
“Why hire a copywriter when I can just use email templates?!”
“Who needs an email list when I have a large social following?”

Um….. stop right there and listen up, because I’m going to let you in on a little secret…

THREE little secrets to be exact. 

Lately, I’ve been hearing a lot of misconceptions floating around the cyberspace when it comes to email marketing. So in this blog, we’re going to talk about the three biggest Email Marketing Myths & Misconceptions… 

AND I’m going to fill you in on the SECRET WEAPON that’ll give you a massive advantage and leg-up over any competition. 

Alright, now let’s get started with myth-busting. 

Myth #1 – Email Marketing Is DEAD

This is a myth that I’ve been hearing ever since I got my start in the online marketing industry… over a decade ago! And guess what?

The rumours were wrong back then and they’re STILL wrong today. 

No matter what you heard at the latest online summit you attended… Email Marketing is STILL alive and well—and it’s not going anywhere anytime soon!

In fact, Email Marketing is the single best way to market your brand or business, increase your revenue, and cash in on more conversions.

That’s right. It’s better than ads, better than social media, and better than organic traffic…

I said it.

In fact, I did my FIRST launch back in 2020 and made almost 6-figures by sending just 8 emails to my list of 2300 subscribers. Yup.

But don’t just take my word for it, here are some stats to prove it. It is estimated that there are 4 BILLION active email users right now (and that number is projected to go up, btw).

Email marketing consistently delivers the highest ROI of all marketing channels – earning on average $42 for every dollar spent… and in case you don’t want to do the math on that…

That’s an ROI of 4200%!! I don’t know of a single brand or business that wouldn’t love to see numbers like that. 

And just in case gaining a massive ROI isn’t enough to convince you… this probably will:

According to MarketingSherpa, email is STILL the most preferred marketing channel that most consumers want businesses to communicate with them through. YES, even Millennials and gen-Z-ers prefer email to social media.

And not only is email your consumer’s favorite way of communicating… it should be your favourite too! And that’s because your list is YOURS. It belongs to YOU. Not Facebook, not Instagram. YOU. 

And when you use Email as your preferred method of communication, ALL you have to do to get your message heard is make sure your emails aren’t landing in the spam folder. You’re not held captive by the algorithm Gods, “platform rules,” or having to keep up with the latest trends to get your content seen.  

When you take just a moment to step back and look at the facts, it’s crystal clear.

While I still love and use other marketing channels…

My girl Email Marketing reigns supreme.

Myth #2 – Templates Work Better

This is another myth I’ve been hearing over and over again lately.

Why hire a copywriter when I can just use email templates?! 

Now for the sake of clarity, in this context, I’m referring to fancy and impersonal emails that are all show and no substance. You know those fancy-looking HTML emails you commonly see from e-commerce sites or big corporate businesses…

Listen – they work for brands like Sephora or Apple, well, because they are Seophora and Apple…

But as a personality-based brand (or as the real PERSON behind the brand), you don’t want to get too fancy in your emails. 

Why? Well, because facts: Extensive A/B testing has shown that the overwhelming majority of consumers prefer simple, text-based emails (you know, just like those emails you send to your friends and family).

Not only do consumers prefer plain jane text-only emails, but templates come with a whole list of other cons to consider.

Downsides of Email Templates

They take a long time to load, depending on your consumer’s internet connection.Customization can be difficult and unreliable. You can spend hours finicking with a template, where your time would be better spent just writing and personal, empathetic email.HTML templates often get all funky on mobile if not coded correctly.They are WAY more likely to end up in the Spam or Promotions folder because of heavy images and design featuresThese kinds of emails focus on imagery, not on brand voice or actually connecting with the audience.

On the other hand…. While copywriters might not be able to design a “pretty-looking email”…

They are specially trained to WRITE WORDS THAT WORK. They understand how to craft powerful subject lines that hook your reader and get them to open your email. They know how to open a loop with engaging content to get your consumers to keep reading…

And they know the psychological triggers that get people to CLICK and BUY your offer…

And when you’re a business that RELIES on having a strongpowerfuland intimate relationship with your consumers… 

These factors are absolutely essential to your Email Marketing success. 

Alright, now onto the last—and most controversial—myth on this list… 

Myth #3 – AI Is Taking Over

Look, we’ve all heard it… AI is replacing copywriters at the speed of light—and especially in the Email Marketing world. 

Because I mean, who needs to shell out a bunch of money for an experienced copywriter when they could just spend a quarter of the money on some fancy automation software that “does just as good”?

Right? NO!!! 

Listen, I know AI software and done-for-you templates are becoming more and more prevalent in the email marketing space – there’s no doubt about that. 

But with that said, there’s a whole lot more to the story than what the internet would have you believe…

I’ve said it before, and I say it again and again until the day I die…

A.I. is a tool, not a takeover. 

And as a TOOL—there are certain things A.I. CAN help us to optimize, streamline and improve…

Things like: research, ideation, email automation, personalization, and segmentation. You know, the left-brain, back-end, logistical stuff. The truth is that A.I. can actually make an Email Marketers job A LOT easier. 

But when it comes to replacing the CREATIVITY & EMPATHY that a human copywriter brings to the table…?

It’s just not going to happen anytime soon.

And while it’s true that there ARE going to be some brands and businesses that will choose to get by with A.I… Their emails will be mediocre, at best.

I mean it’s just like anything else that’s being “replaced” by technology…

If you want mediocre results, then sure – go with a plug-and-play tool. If you want exceptional results, hire an expert

Mediocre accountants are being replaced by do-it-yourself software like FreshbooksHoneybook & Quickbooks… but that doesn’t mean we don’t pay a LEGIT PROFESSIONAL when it comes time to file taxes. 

Mediocre graphic designers are being replaced by tools like Canva… but that doesn’t mean we don’t pay a GREAT DESIGNER to design our websites.

And if you want to optimize your email list, increase your revenue, and cash in on more conversions… then you HIRE A COPYWRITER. 

It’s as simple as that. And it’s never going to change. 

So here’s my advice to the copywriters who are worried about A.I. takeover and the other Myths on this list… 

Don’t be mediocre. Position yourself as an expert

Do that, and you’ll be INVALUABLE to any brand or business that wants to optimize their Email Marketing strategies. 

THAT’S your secret weapon. 

THAT’S how you make yourself A.I. proof. 

THAT’S how you position yourself as an expert in the industry and get clients banging down the door for your talents and services. 

But now the question is… HOW?! HOW do you become a damned good copywriter and email marketer? One who understands the audience, knows the power of connection, and has mastered the art of conversion?

Well… you develop the skills, techniques, practical EXPERIENCE, and knowledge needed to make yourself an expert! 

And after months and months of listening to this community ask me question after question about email marketing… I decided it was time to do something about it. 

Now up until recently, I never really thought this was needed. Mostly because I already teach an entire module all about Email Marketing inside my 8-week Copywriting Coaching Program.

But the truth is, not everyone has the time, money, energy, or desire to invest in a two-month coaching course…

And that’s why I created a FREE email guide—to help you cut through the B.S. 

My Ultimate Email Marketing Cheatsheet will help you future-proof your biz from the throes of unpredictable algorithms and the never-ending threat of A.I. takeover by teaching how to master the art of impactful inbox messaging. 

You’ll discover the 7 must-have emails to build and monetize your list (with real-life examples straight from the Posse’s private vault)…Discover the right way to build and monetize your email list, without relying on templates or standardized messaging. Get the secret to sending engaging emails that won’t drive away subscribers or lose you any brand loyalty.

Until next time, I’m Alex. Ciao for now!

The post Is Email Marketing Dead? appeared first on DigitalMarketer.

10 Ways Depressants Affect Your Body

Here we will discuss how depressants affect your body. 

Depressants are a type of drug that inhibits the ordinary function of the central nervous system. These drugs are among the most commonly prescribed in the world. If you have anxiety, panic, sleep, or muscle disorders, you may have been or might be prescribed depressants.

Although these drugs are FDA approved and are seemingly helpful, it is important to understand how they affect your body.

Let’s jump right in.

Short Term Effects

Drug use is considered “short-term” when consumption is infrequent or lasts for less than three months. Short-term effects are generally temporary, and any negative side effects may resolve on their own after discontinuing use.

Below are some short-term effects that may occur when using depressants.

1) Drowsiness

Most depressants increase the activity of gamma-aminobutyric acid(GABA), a brain chemical that inhibits brain activity. This increase in GABA can lead to drowsiness and the calming effects it has on anxiety and stress.

2) Euphoria

Because of the way depressant drugs slow brain activity, they can create feelings of pleasure and euphoria.

Euphoria is a feeling of intense excitement or happiness. Although feelings of intense happiness can be beneficial, an addiction to the emotions provided by the drug can occur. 

3) Decreased Blood Pressure

When used as prescribed, depressants calm the body’s nerves and muscles. The reduction of stress ultimately lowers blood pressure that may have spiked in times of anxiety or panic.

Prolonged stress can result in heart conditions such as left ventricular hypertrophy- a thickening of the walls of the heart’s main pumping chamber. Depressants can be a valuable treatment for this condition.

4) Confusion and Impaired Motor Skills

When depressants are used in doses higher than recommended, your cognition and motor skills become Impaired.

This Impairment may occur because your central nervous system has been slowed to a point where basic functions like thinking and moving require more effort than usual.

Memory loss, Impaired judgment, and slurred speech are additional side effects that fall into this category and may occur. 

Long-Term Effects

Drug use is considered “long-term” when consumption is frequent and lasts for more than three months. Long-term effects may be permanent or hard to reverse. Treating the negative side effects of long-term use may require medical interventions like additional medication, therapy, or surgery.

Below are some long-term effects that may occur when using depressants.

1) Dependency

The euphoria felt when consuming depressants can leave a user craving the feeling which is why depressants like Xanax, alcohol, heroin, and morphine are often misused.

Additionally, long-term use of depressants can inhibit your brain’s ability to create hormones on its own since the drug has been encouraging the release for so long. This inability results in physical dependency, and without the continued use of depressants, your body withdraws.

2) Chronic Fatigue

One of the short-term effects of depressants is drowsiness. When drowsiness disrupts your sleep cycle for a prolonged amount of time, chronic fatigue can occur.

Chronic fatigue may begin to present itself for various reasons. The most common reasons are; a disruption in your internal clock (circadian rhythm) and your body becoming overworked to keep up with the drug.

3) Respiratory Issues

Long-term use of depressants can compromise respiratory pump function due to respiratory muscle fatigue or central nervous system depression.

Additionally, prolonged drug use of any kind can weaken your immune system and damage organs which may leave you more susceptible to respiratory, or other illnesses.

4) Depression

Naturally, you may be able to assume that depressant medications can lead to depression.

Serotonin is one of the hormones that depressant use inhibits the release. Serotonin is one of our brain’s “happy chemicals” and is responsible for positive emotions.

Prolonged deprivation of natural serotonin release can cause sadness, depression, anxiety, and suicidal ideation.

5) Organ Damage or Failure

There are many depressant drugs available, and some are safer than others. Depending on the type of depressant being used, organ damage can occur. Alcohol, for example, is a common depressant and has a well-known history of wreaking havoc on the internal organs of a perpetual user.

Generally, the most harmful depressants are alcohol and opioids and medical marijuana is thought to be one of the safest medications. However, medical marijuana is technically a different drug class called “tetrahydrocannabinol” but it has the same benefits as depressants.

6) Death

Although rare, death is a long-term and obviously permanent consequence that can occur when taking depressants.

Depressant-related death can occur through overdose, organ failure, suicide, accidents, or by mixing drugs with alcohol.

Mixing depressant pills with alcohol can be fatal because they compete with each other in the body. This competition puts too much pressure on the heart and can cause the heart to stop.

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Top 15 Most Profitable Franchises to Own In 2022

Franchises are a great way to kickstart your business journey. Capitalizing on an already popular and global business chain is fantastic because you don’t have to spend months or years trying to popularize the brand.

Most brands that offer franchise opportunities already have high brand awareness in the market. Therefore, you won’t have to shoulder that extra responsibility to “get the word out.” However, it is also true that setting up a franchise isn’t cheap. There are several factors at stake.

This article will explore the top most profitable franchises you can invest in 2022 to churn maximum returns on your spending.

Also Read –How Much Does It Cost to Start a Crumbl Cookie Franchise?

Can Owning Franchises Make You Rich?

The most superficial answer would be YES. When you invest in a reputable and robust franchise, you have a high chance of churning a profit.

Investing in a franchise is also a great way to diversify your investment portfolio. Instead of only relying on standard investment channels, you get to pinch the big fish in the sea.

Is it an easy ride? Not. Is it worth it in the long run? Without a speck of doubt.

One of the highlights of a franchise business is that you get the flexibility of a small business but with a large, reputable, and global brand tag.

Will it make you rich? This answer is subject. It depends on the franchise you are investing in and the business management you have in place. The location of the franchise and the footfall it gets matters too.

Also Read: Topgolf Franchise Cost: Everything You Need to Know

Most Profitable Franchises to Own

With such high praise for franchise business, the follow-up question in most people’s minds is, “Which ones should I invest in?”

Thankfully, we are here to make a choice easier for you. Following are the top 15 profitable franchises to own in 2022.

1. McDonald’s

Image Source : mcdonalds

Initial investment – $1,008,000 to $2,214,080

Franchise fee – $45,000

Royalty fee – 4-5%

McDonald’s is a leading global fast-food chain across the world. Given the kind of name and popularity of the business, it isn’t surprising that venturing into the franchise business niche with McDonald’s is a great place to start. A McDonald’s franchise’s initial investment and liquid cash requirement are pretty hefty. But you get a brand that’s globally loved and recognized.

2. Supercuts

Image Source: Supercuts

Initial investment – $155,406 to $289,378

Franchise fee – $20,000

Royalty fee – 6%

If you want to venture into the hair care industry, Supercuts is a great franchise model. Their name and recognition in the market are pretty promising. Also, you get to invest in operational excellence, which is why Supercuts is so popular. However, we’d recommend venturing into this franchise if you have a basic idea about beauty and hair care. That basic knowledge allows you to hire the right people and further expand the business.

3. Ace Hardware

Image Source: Ace Hardware

Initial investment – $280,000 to $2,000,000

Franchise fee – $5000

Royalty fee – No loyalty fee

Home improvement is a leading niche that will never go out of business. So, global and well-acclaimed businesses like Ace Hardware make an excellent franchise investment. The Ace Hardware franchise is a great and profitable business model to diversify your investment portfolio with no royalty fee. In addition, their store-brand products and fantastic customer service make them a premium brand in the market.

Also Read – 10 Best Bubble Tea Franchise To Start Your Own Business

4. Dunkin

Image Source : Dunkin

Initial investment – $109,700 to $1,637,700

Franchise fee – $40,000 to $90,000

Royalty fee – 5%

Dunkin’ is a name everyone resonates with when the term donut comes up. That’s how popular this food and beverage brand is. With a fantastic brand value and globally acclaimed reputation, setting up a Dunkin’ franchise business will reap amazing profits without compromise. With the right ingredients, proper staff, and fantastic customer service, running an already-established brand new is never too challenging.

5. 7-Eleven

Image Source: 7-Eleven

Initial investment – $37,550 to $1,149,900

Franchise fee – $10,000 to $1,000,000

Royalty fee – Variable

Like how people connect burgers with McDonald’s and donuts with Dunkin’, 7-Eleven is a synonym for convenience stores among consumers. It has grown tremendously over the last decade, and the bar is consistently rising. Being available across multiple countries, setting up a 7-Eleven is not just profitable but extremely rewarding as a long-term investment.

18 Cheapest Franchises to Open in 2022 (Updated): Low-Cost Franchises

6. JAN-PRO

Image Source: JAN-PRO

Initial investment – $3,985 to $51,605

Franchise fee – $2,520 to $44,000

Royalty fee – 10%

With the kind of fast-paced life that we are stuck in, the concept of cleaning and maintenance will soon shift to the shoulders of professionals. JAN-PRO is a fantastic business that explores that niche. The affordable franchise cost and investment is the great thing about kickstarting your franchise business with them. You won’t have to break your bank account.

7. The UPS Store

Image Source: The UPS Store

Initial investment – $138,433 to $460,031

Franchise fee – $29,950

Royalty fee – 5%

With a steep rise in small businesses worldwide, the demand for printing and packaging services is also increasing. The UPS Store is an established brand name in this niche that you can venture into with optimal trust and expectations. The UPS Store is a premium choice if you are in the United States and plan to invest in a profitable franchise chain.

8. Popeyes

Image Source: Popeyes

Initial investment – $383,500 and $2,620,800

Franchise fee – $50,000

Royalty fee – 5%

If you thought McDonald’s reaps impressive profit in sales, Popeyes is no different. This fast-food franchise is a leading name worldwide and is known for its staple chicken sandwich. It is also ranked in the top tier under Entrepreneur’s Franchise 500. With fantastic customer service, high-grade food quality, and global recognition, this is another franchise we’d recommend venturing into.

Krispy Kreme Franchise : How To Open, Cost & More

9. Pearle Vision

Image Source: Pearle Vision

Initial investment – $519,356 to $848,384

Franchise fee – $30,000

Royalty fee – 7%

With the vision care industry continually booming and expanding, brands like Pearle Vision will never go out of business. So, if you are considering investing in a franchise in the health and wellness industry, this is a great place to start. Get easy access to turnkey marketing plans, brand recognition, and royalty recognition programs all packed into one.

10. Dream Vacations

Image Source: Dream Vacations

Initial investment – $3,245 to $21,850

Franchise fee – $495 to $9,800

Royalty fee – 1.5-3%

Who doesn’t love a well-traveled vacation itinerary, right? Dream Vacations is a business model that considers people’s travel needs. So, the Dream Vacations franchise is an excellent deal if you want to capitalize on an already established business model with a very affordable investment. The discounted investment options are what attract most people.

11. Great Clips

Image Source: Great Clips

Initial investment – $136,900 to $259,400

Franchise fee – $20,000

Royalty fee – 6%

We have talked about another hair care franchise, but Great Clips deserves an honorary mention too. With over 30 years of business experience. However, the best part of this franchise is that it trains and provides the franchise owners with all the latest technology and training data.

12. Anytime Fitness

Image Soure: Anytime Fitness

Initial investment – $105,000 to $720,000

Franchise fee – $35,000

Royalty fee – $549/month

Gym memberships and businesses centered around fitness aren’t dead if that’s what you were thinking. Anytime Fitness is a testament to that statement. Being one of the most mainstream businesses in this niche, it isn’t surprising that investment in this franchise can be a game changer for your net worth. The operating costs are pretty tame but bring tremendous profits.

13. The Maids

Image Search:The Maids

Initial investment – $64,100 to $154,300

Franchise fee – $12,500

Royalty fee – 3.9-6.9%

House cleaning is one of the fastest-growing business models in the present world. However, with people hustling and living a fast-paced life, paying attention to the maintenance of a house can be challenging. That’s where businesses like The Maids come in. Ranked as the #1 residential cleaning company, The Maids already have a great name in the market.

14. Sonic Drive-In

Image Source: Sonic Drive-In

Initial investment – $1,240,000 to $3,540,000

Franchise fee – $45,000

Royalty fee – 2.5-5%

You can never have too many fast-food chains in a place, right? So, when it comes to tapping into the franchise business, the Sonic Drive-in is a name that deserves a special mention. The brand is well-acclaimed in the market and brings you access to growing brand recognition. So, expecting 1M+ in revenue isn’t too far-fetched with Sonic.

15. Taco Bell

Image Source: Taco Bell

Initial investment – $525,100 to $2,622,400

Franchise fee – $25,000 to $45,000

Royalty fee – 5.5%

While we are already on the topic of fast food, we couldn’t miss out on Taco Bell, another public favorite. With a brand name and popularity for over five decades, the Taco Bell franchise will yield a lot in profits. The brand already has 350+ franchisees and a proven business model that will keep bringing customers for the unforeseen future.

Choosing the Most Profitable Franchise

Now that you have a better understanding of some of the most profitable franchises, knowing the distinguishing factors is crucial. You have to keep specific parameters in mind, including:

Cost

When it comes to cost and expenditure, you must understand the budget. From the location to the material, you have to pay for multiple factors. So instead of going with the budget over the back of your mind, we’d suggest you look into the brands you want to invest in and check their initial investment and capital requirements before jumping the big guns.

Growth

Is it an established brand? Is there a demand for the brand where you want to start the business? These are some questions you need to answer first. Even if you invest in a big brand like McDonald’s, not assessing the scope of growth before establishing the franchise can backfire. If there is another McDonald’s, it might affect your sales. Likewise, it will affect the profits if it’s utterly secluded with less footfall.

Profitability

There’s no point in selecting a franchise to invest in if you don’t know the profits it generates. A steady cash flow and profit from a franchise depend on several factors. From the brand’s reputation in the market to the kind of service you provide, a lot will decide how much profit you reap.

Support

Cross-checking the brand’s support is crucial for whichever franchise model you invest in. You want to ensure that you’d get enough support in terms of training and access to materials and technology to kickstart the business and keep it running in profits.

Brand strength

There are multiple brands in the market that open franchising opportunities. Some offer affordable investment options, and some established brands require a higher capital. Your aim when choosing a franchise is to look into the brand’s strength. If the brand is already established in the market, you won’t have to worry about marketing or getting the word out. The name of the brand will be enough to do the trick.

Financial stability

This is a factor you have to consider in both parts. You have to ensure the financial stability of the brand and your finances too. Having a peek into the financial stability before investing in their franchise ensures that your investment will reap tremendous benefits in the long run.

Conclusion

And, with that, we come to the end of the list of the top franchisees you can consider for investment. It’s time to diversify your investment portfolio with the right tools. We hope this article gives you a basic understanding of franchise investment and where you can kickstart that journey for yourself.

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