The difference between a bubble and a mania is hard to define, but most of us figure we know it when we see it, to borrow an American judge’s famous summary of pornography. The boom or bubble, according to your taste, in large tech stocks such as Alphabet, Amazon, Apple, Facebook or Microsoft doesn’t seem to pass that test.
We can argue about whether they are overvalued, but they are clearly very valuable. At worst, they should be worth a good proportion of what the market now thinks. Some other trends look more like mania.
Take electric-vehicle maker Tesla, whose share price recently passed $1,000, up from around $400 in January. Its market capitalisation of $200bn is now larger than Toyota’s; its enterprise value is just a third smaller than Toyota and 20% smaller than Volkswagen, and is larger than Hyundai, General Motors or Ford.
Toyota and Volkswagen both make more than ten million from vehicles per year; the other three make six to seven million each. Tesla makes less than 500,000. Simply put, Tesla needs to grow production and market share vastly, or become hugely more profitable than its rivals, to justify its current valuation. That is conceivable, but very optimistic. If it fails, it’s worth a great deal less
Motivational Quote Of The Day
“Arriving at one goal is the starting point to another.”
John Dewey
Alternative Quote Of The Day
“I don’t like food that’s too carefully arranged; it makes me think that the chef is spending too much time arranging and not enough time cooking. If I wanted a picture I’d buy a painting.”
Andy Rooney
Shares We’re Buying This Month
Focusrite, the audio specialist has been enjoying a lockdown boom. A world leader in the hardware and software used to record, mix and edit sound, Focusrite used to sell mainly to the music industry. Yet emerging demand from podcasting, game streaming and online education means that there is more opportunity than ever in this sector. The group enjoys large gross margins, particularly in its software operations. A price/ earnings ratio of 26 is justified by auspicious long-term growth prospects.
Founded in 1993, Caretech today runs more than 500 social-care facilities, looking after children and young adults with complex conditions ranging from autism to anorexia. Staff-to-patient ratios are high and many employees have been with the business for years; indeed, a large number own the shares. Activity remained resilient despite the disruption of lockdown and the company last month hiked the interim dividend by 7%. The payout has also risen every year since 2007.
Sales at the owner of Premier Inn and Beefeater plunged by 99% during the first seven weeks of lockdown, prompting a £1bn rights issue. The funds have provided crucial balance-sheet ballast, yet the money will also be used for future growth and investment. The travails of rival Travelodge suggest that there will be plenty of chances to poach assets in the coming months, while there is scope for Whitbread to grow its market share considerably.
Today’s National Day
NATIONAL AVIATION DAY !
PUBLISHERS NOTICE
Just In…
Hello,
We have just received the email below from one of our customers. I thought you might be interested in what he has to say…
From: John C******* [john********@*****.com] Sent: 09 August 2020 09:58 To: Admin Subject: “The Hermes Strategy “
Dear Bill,
Well that was a result —- I certainly wasn’t expecting the system to pay for itself in 2 days with 66/1 shot Star of Emaraaty! I have backed 66/1 shots before, but I don’t think I would have picked this one!
Once again ——Thank You Very Much.
Kind Regards,
John
If you’d like full details on what he is talking about please Click Here
“The trade of advertising is now so near perfection that it is not easy to propose any improvement.”
“Everything that can be invented has been invented.”
I think most of us would at least see some truth there. Advertising is very sophisticated now, even compared to 15 or 20 years ago. Surely we must be close to the limit of what can be done.
And the same could be said of invention and innovation. Over the past 100 years we’ve invented practically everything man ever dreamed of, and a great deal more besides. In recent years the computer and the digital revolution seem to have completed the picture. It certainly seems like there’s little of any consequence left to be invented.
If you find yourself nodding in agreement with any of the above, consider the following… The writer, Samuel Johnson, made the first statement, highlighting the perfection of the advertising business, in 1759 – over 250 years ago. The second statement, bemoaning the downfall of invention, was made by Charles Duell, US Patent Office Commissioner in 1899 – over 100 years ago. In fact, his disillusionment caused him to resign from his job. Still, I’m sure he didn’t miss much.
Here’s the point. Pick any time in history and you will find that people felt that previous generations had it easier, that the opportunities were better and more plentiful, that it was so much more simple to make your mark in the world. If only we could have been around then. We’d have really made a go of it! We have a word for this. We call it nostalgia. Fact is, when we look back at past opportunities we do so with the benefit of hindsight. When we’re assessing the current openings available to us we have to do so using foresight. And that’s considerably less reliable!
We can all look back a comparatively short time and say how much easier it would have been back then to prosper in computers, software, mobile phones or a host of other markets that were in their infancy at the time. And we may well be right. But the people getting out there and actually doing it at the time didn’t really know that for sure. It’s only hindsight that adds the certainty. Foresight created the profit.
Here in the 21st Century, you can be sure that the new opportunities available, and the avenues for improving existing opportunities, are at least as plentiful as at any time in history. They’re just not as obvious to you because you don’t have the benefit of hindsight to guide you.
Don’t fall into the nostalgia trap. In ten years’ time, these will be the “good old days” when ‘getting on’ was as easy as falling off a log. By then, of course, things won’t be nearly so easy, and opportunities won’t be nearly as plentiful. Except, of course, they will. Remember, becoming a success in whatever you want to do is as easy as it’s ever going to get. There’s absolutely no logical reason for looking back, or delaying making a start for a moment longer.
Kind Regards
John Harrison
PUBLISHERS NOTICE
Just In…
Hello,
We have just received the email below from one of our customers. I thought you might be interested in what he has to say…
From: John C******* [john********@*****.com] Sent: 09 August 2020 09:58 To: Admin Subject: “The Hermes Strategy “
Dear Bill,
Well that was a result —- I certainly wasn’t expecting the system to pay for itself in 2 days with 66/1 shot Star of Emaraaty! I have backed 66/1 shots before, but I don’t think I would have picked this one!
Once again ——Thank You Very Much.
Kind Regards,
John
If you’d like full details on what he is talking about please Click Here
The two biggest uncertainties facing investors are when we will have an effective vaccine or treatment for Covid-19 and whether the economic recovery will be V-shaped or resemble some other increasingly contorted letter of the alphabet.
Although these questions are obviously related, they are not entirely the same. The world will not get back to normal until the coronavirus is no longer a major problem, either because we’ve solved it medically or because enough people have caught it and got over it.
But the scale of the economic shutdown that we’ve seen in the last few months is so great that unless activity snaps back as far as it can in the meantime, we risk a vicious cycle of business failures and rising unemployment that condemns us to many years of economic struggle even if vaccines, treatments or acquired immunity arrive relatively soon.
So while stockmarkets are justifiably taking the view that a year or two of lost profits has little impact on the long-term fundamental value of companies, they are still implicitly betting that the wider economy rebounds as much as possible. Anything that is not V-shaped at first means greater medium-term risks, not just a slower recovery.
Motivational Quote Of The Day
“You do need mentors, but in the end, you really just need to believe in yourself.”
Diana Ross
Alternative Quote Of The Day
“Being wealthy when no one else is, is like being the only one at the party with a drink.”
Tim Allen
Hence watching the short-term economic data is a lot more important now than it would usually be. That doesn’t mean fretting over GDP numbers. First, these don’t arrive in time to be useful. The Office for National Statistics will release its UK GDP estimate for April to June on 12 August – more than one month after the end of the quarter. Second, we already know what it will show, a gigantic recession.
The actual magnitude is irrelevant. What matters is what’s going on right now, that means looking at more timely leading economic indicators. So far, these look modestly encouraging. UK retail sales were nearly back to pre-lockdown levels in June. Restaurant and pub trade seemed to be at around 70% of the preCovid-19 level by mid-July, which is a reasonable start given that the government has spent months trying to terrify people into staying in their homes.
New car sales were weak in June, but it seems buyers may have held back in the hope of a government incentive scheme. The picture appears broadly similar elsewhere: the OECD composite leading indicators show activity starting to bounce back globally in June. Unemployment remains very high and job vacancies low, but hiring and firing always lags the cycle. In short, uncertainty is high, but if you’re an optimist, a V certainly looks possible.
Today’s National Day
NATIONAL NIGHT OUT DAY !
PUBLISHERS NOTICE
Just In…
Hello,
We have just received the email below from one of our customers. I thought you might be interested in what he has to say…
From: John C******* [john********@*****.com] Sent: 09 August 2020 09:58 To: Admin Subject: “The Hermes Strategy “
Dear Bill,
Well that was a result —- I certainly wasn’t expecting the system to pay for itself in 2 days with 66/1 shot Star of Emaraaty! I have backed 66/1 shots before, but I don’t think I would have picked this one!
Once again ——Thank You Very Much.
Kind Regards,
John
If you’d like full details on what he is talking about please Click Here
You may not realise it yet, but the weeks, months and years will very soon start whizzing by at a rate you find hard to comprehend. If you’ve got things you want to do (and who of us hasn’t?) it’s never too early to get started.
You may not recognise the name Lenny McLean. In the 1970s and early 1980s he was ‘king’ of the unlicensed boxing ring. When he wasn’t fighting men in the ring he was fighting them outside it as a bare-knuckle fighter, minder, debt collector and doorman – the sort of character for whom the word ‘colourful’ was invented!
In his later years McLean moved into TV and films in small supporting roles, and his last appearance was in the hit film Lock, Stock and Two Smoking Barrels. I say last appearance, because while making the film he was diagnosed with terminal cancer and died soon after.
Now, up until being issued with a ‘death sentence’, McLean had always relied on his physical attributes and presence to make a living. He realised that this avenue was no longer open to him, and not only that, but decades of hitting and being hit had done little to benefit him financially. In short, he was effectively broke, and he knew that when he died his wife would have nothing.
It dawned on McLean that the value in what he’d been doing for the last 30-odd years was not in the work he’d done, but in the story he could tell. And so he decided to write his autobiography. It was entitled The Guv’nor – McLean’s nickname in the boxing ring. When the book was published, it was an immediate hit and remained firmly placed in the Top Ten Bestsellers list for at least two years.
I wouldn’t be at all surprised if the autobiography ultimately earned far more than McLean made from his other activities throughout his entire career.
Sadly, he isn’t around to benefit – and that’s the point. This book could have been written at any time and McLean would have been able to enjoy the benefits, but it took something catastrophic to shift him out of his comfort zone and into a new, better and more lucrative course of action. In reality, most of us are like this.
We have ambitions, we think there’s probably a better way, we suspect there’s more out there for us, but our current life isn’t so bad. And so inertia gets in the way and stops us from taking the actions necessary to move on.
Yes, we want more but before we get it we have to do something. We have to take action. And that’s the difficult bit. That’s why we wait – to be made redundant… for an ailing business to finally collapse… for a milestone birthday… for New Year’s Eve… to become ill or disabled… whatever – before finally doing something positive.
If we’re fortunate and it’s not too late, everything works out well, our new path is successful and we go from strength to strength. But why wait to be forced into a corner, or for some false and meaningless future date before doing it? After all, we can never get that wasted time back – the time between being able to do it and actually doing so.
I think, the writer, Mark Twain, summed it up perfectly when he said: “Twenty years from now, you’ll be more disappointed by the things you didn’t do than the ones you did do. So throw off the bowlines. Sail away from the safe harbour. Catch the trade winds in your sails. Explore, dream, discover.”
It’s a great quote, and so true. Speak to most people in the later years of their lives and you will rarely hear talk of things that they wish they hadn’t done; but plenty of talk about opportunities which have now passed, and which should have been seized upon at the time.
Three of the saddest words to start any sentence are: “If only I’d… ” How many times have you heard them? You really don’t want to be the one using them in twenty years’ time.
Can you imagine anyone lying on his or her deathbed, with a saddened look in their eyes, and saying: “I wish I’d spent a bit more time in that dead-end job”? Neither can I. But the truth is that millions lie there wishing that they’d chased their dream; that they’d taken that chance…
Don’t be one of them
Kind Regards
John Harrison
PUBLISHERS NOTICE
Dear Streetwise Customer,
I hope you’re keeping safe and well.
This offer is limited, so we are only make it available to our most valued Streetwise customers at the moment.
Back in the autumn, we alerted a few of our customers to a course, created by a guy making what seemed at the time to be an outrageous prediction.
He predicted the world would soon be gripped by a unprecedented crisis which would create a huge financial opportunity. Crazy eh?
Anyway the course revolved around a strategy which would enable anyone to make £2,803 a month to ‘tick over’ in normal times, but would then transform into a massive fortune maker once the implications of the predicted crisis hit.
Not many people (including me!) believed the prediction, but £2,800 a month is certainly worth having and a number of our customers got on the bandwagon and started doing well with it…and then the crisis came…sooner than anyone thought.
The big opportunity he planned for is about to hit, and I want as many of our customers as possible to benefit…but there’s a hitch.
For reasons explained when you take a look at the details here, I can only help NINE people at the moment. But those nine people are going to get something nobody else has been able to get up until today…
The full programme in one package and at a huge discount!
The covid crisis has led to a boom in pet sales, with lockdown prompting many of us to decide that we could do with one to keep us company. Pets4Homes, the free pet classified advertisements site, rehomed 2,000 pets per day during lockdown.
If you got a pet the chances are you paid a lot for it. With demand fast outstripping supply, prices have rocketed, with the average cost of a puppy doubling to £1,400. Cocker spaniels saw the biggest price rise. A puppy would have set you back by an average £2,109 in June, triple the cost 12 months earlier.
The price of cats also shot up by almost a third during lockdown. People were parting with almost £400 on average for a kitten. If you are inclined to get a pet, be careful. In March and April 669 people lost £282,686 to pet cons, according to Action Fraud. Scammers post advertisements online despite not having any animals to sell. They ask for a deposit, then more money for insurance, vaccinations and delivery, but the pet never appears.
Always identify a Kennel Club Assured Breeder, or find a breeder through a personal recommendation. Ensure you see a puppy, even if it’s over a video call, and ask to see vital paperwork, such as a puppy contract. Before you get a pet, consider how much it can cost you over its lifetime. Food, vets’ bills and other costs add up to an average of £4,500 for a small dog, rising to £13,000 for a large breed.
The average cat will cost its owner around £12,000. The next question is pet insurance. It is a booming industry, with 3.6 million policies. “Given the high costs of veterinary care, a growing number of pet owners are… paying a steady monthly premium for peace of mind. Claims have nearly doubled to £815m in the past six years.
The average pet insurance claim is £793. Before you sign up, note that the average premium for a dog over the age of five is £381 a year. If you have a dog that lives for 15 years, it would cost £4,975 to insure it. If you have savings to cover vets’ bills in the early years, then another option is to self-insure. Rather than pay an insurer you put the equivalent premium into a savings account.
Motivational Quote Of The Day
“Find a place inside where there’s joy, and the joy will burn out the pain.”
Joseph Campbell
Alternative Quote Of The Day
“Weather forecast for tonight; dark.”
George Carlin
Flush With Success
I was wandering through a shopping centre, when my attention was grabbed by the price tag on a mobile phone. It was over £20,000. I have no idea who pays such a large amount for a soon-to-be-obsolete item (people who haven’t worked very hard for the money, I’d imagine) but it does show there’s a market for an upgraded version of just about anything.
Atlanta Watercloset realised this when they launched their businesses, which aims to provide “exceptionally clean” portable restrooms (toilets) for outdoor events. If you’ve been to such an event, you’ll know that the competition provide the bare basics, but little more.
Atlanta Watercloset offer toilets with fresh water sinks, interior lighting, mirrors, coat hooks, shelves and branded loo roll. The environment around the restrooms can be specially prepared with privacy shields, flowers and pathway lighting. The service is particularly popular at weddings, where nothing can be allowed to spoil the special day.
Whatever the product, some people will always be attracted to an upgrade – a premium offering over and above what’s provided by the standard product. If you find yourself competing fiercely with everyone else in your market, now could be a good time to look at whether there’s a market for an enhanced version of what you do at a premium price.
Today’s National Day
NATIONAL BEACH DAY !
PUBLISHERS NOTICE
Dear Streetwise Customer,
I hope you’re keeping safe and well.
This offer is limited, so we are only make it available to our most valued Streetwise customers at the moment.
Back in the autumn, we alerted a few of our customers to a course, created by a guy making what seemed at the time to be an outrageous prediction.
He predicted the world would soon be gripped by a unprecedented crisis which would create a huge financial opportunity. Crazy eh?
Anyway the course revolved around a strategy which would enable anyone to make £2,803 a month to ‘tick over’ in normal times, but would then transform into a massive fortune maker once the implications of the predicted crisis hit.
Not many people (including me!) believed the prediction, but £2,800 a month is certainly worth having and a number of our customers got on the bandwagon and started doing well with it…and then the crisis came…sooner than anyone thought.
The big opportunity he planned for is about to hit, and I want as many of our customers as possible to benefit…but there’s a hitch.
For reasons explained when you take a look at the details here, I can only help NINE people at the moment. But those nine people are going to get something nobody else has been able to get up until today…
The full programme in one package and at a huge discount!
All is not lost if your employer does go bust. The Pension Protection Fund (PPF), the industry lifeboat scheme, will then step in: it usually protects 100% of pensions already in payment and 90% of the pension entitlement savers have built up so far if they’ve not yet retired. However, if you’ve yet to claim your pension, the PPF does have limits.
For example, someone retiring at 65 would not be able to claim a pension of more than 90% of this year’s cap of £41,461, no matter how much entitlement they’ve built up. If your pension is worth significantly more, you could really lose out. People in this category who are worried about their employer’s solvency therefore need to take independent financial advice on whether to transfer their defined-benefit savings to a defined contribution scheme.
You’ll forfeit the certainty that the former offers, but for those who would be substantially out of pocket in the PPF, this may be a price worth paying. Meanwhile, savers with defined-contribution pension plans have their own problems. The stockmarket declines of recent months – UK shares are down around 16% since the start of the year, while the US is off by 10% will have hit many savers’ funds. Some fixed-income assets, particularly at the less risky end of the spectrum, have been more resilient, but the yields they offer have fallen sharply.
If you have some way to go before retirement, you can afford to take a sanguine view of this volatility, since there is plenty of time for your funds to recover. But it is still worth reviewing your pension investments regularly. Are your plans still on track, are your chosen funds delivering competitive returns and is the way you have allocated your money still appropriate?
Motivational Quote Of The Day
“If you don’t like the road you’re walking on then start paving another one.”
Dolly Parton
Alternative Quote Of The Day
“When people say “it’s always the last place you look”. Of course it is. Why would you keep looking after you’ve found it?.”
Billy Connolly
Curiosity Cash
People are naturally curious…nosy is another word…and there’s many a business opportunity that’s been based on this simple fact. The latest thing we’ve seen is an app from Greece called Peekinto.
As the name suggests, Peekinto gives the user the opportunity to get a snapshot of someone else’s life via a 12 second video clip. As a user, you can offer yourself up as a provider of such a clip or request a clip from someone in a particular geographical location.
There are practical applications…perhaps you want to see how long the queue is for a concert or what the traffic is like on the M1…but it’s mainly about curiosity. What is someone else doing? What can they see from where they are?
Is there some way you can tap into people’s desire to have their curiosity satisfied or to pander to their voyeuristic tendencies? If there is, you could have the basis of a fortune-making business.
Today’s National Day
NATIONAL MOM’S DAY OFF !
PUBLISHERS NOTICE
Dear Streetwise Customer,
I hope you’re keeping safe and well.
This offer is limited, so we are only make it available to our most valued Streetwise customers at the moment.
Back in the autumn, we alerted a few of our customers to a course, created by a guy making what seemed at the time to be an outrageous prediction.
He predicted the world would soon be gripped by a unprecedented crisis which would create a huge financial opportunity. Crazy eh?
Anyway the course revolved around a strategy which would enable anyone to make £2,803 a month to ‘tick over’ in normal times, but would then transform into a massive fortune maker once the implications of the predicted crisis hit.
Not many people (including me!) believed the prediction, but £2,800 a month is certainly worth having and a number of our customers got on the bandwagon and started doing well with it…and then the crisis came…sooner than anyone thought.
The big opportunity he planned for is about to hit, and I want as many of our customers as possible to benefit…but there’s a hitch.
For reasons explained when you take a look at the details here, I can only help NINE people at the moment. But those nine people are going to get something nobody else has been able to get up until today…
The full programme in one package and at a huge discount!
There are certain strategies that Millionaire investors use to consistently beat the stock market and forex markets and generate great returns.
These closely guarded secrets are often very simple to apply, but are rarely shared with others, so make sure you grab your place on this free online investment master class.
“The stock-market and forex secrets revealed on this complimentary training course blew my mind. If you want to become wealthy, or just improve your current financial situation, this webinar is a must” M Rowlands
You’ll learn how one course graduate averaged £500 gain a week using only £2000 and another made £24,000 In 1 week. To get your place: Click Here.
Motivational Quote Of The Day
“Don’t take yourself too seriously. Know when to laugh at yourself, and find a way to laugh at obstacles that inevitably present themselves.”
Halle Berry
Alternative Quote Of The Day
“Any girl can be glamorous. All you have to do is stand still and look stupid.”
Hedy Lamarr
Get ’em To Pay Now!
When they’re thinking what business to start, most people quite rightly consider likely demand but give little thought to something equally important – cash flow.
Many otherwise viable businesses come to grief, not because there’s no demand for what they do, but because they are unable to finance the business to cover the period between incurring costs and receiving revenues. Others fail because they put themselves at the mercy of a small number of big customers who then can’t (or won’t) pay.
Where possible you should try to make your business one in which you receive payment in advance of (or at the same time as) delivering products or services. That way, cash flow problems can never affect your business, and neither can the failure or deceit of a customer. Everything is so much more under your control when you operate in this way
Today’s National Day
NATIONAL GIRLFRIEND DAY !
PUBLISHERS NOTICE
Dear Streetwise Customer,
I hope you’re keeping safe and well.
This offer is limited, so we are only make it available to our most valued Streetwise customers at the moment.
Back in the autumn, we alerted a few of our customers to a course, created by a guy making what seemed at the time to be an outrageous prediction.
He predicted the world would soon be gripped by a unprecedented crisis which would create a huge financial opportunity. Crazy eh?
Anyway the course revolved around a strategy which would enable anyone to make £2,803 a month to ‘tick over’ in normal times, but would then transform into a massive fortune maker once the implications of the predicted crisis hit.
Not many people (including me!) believed the prediction, but £2,800 a month is certainly worth having and a number of our customers got on the bandwagon and started doing well with it…and then the crisis came…sooner than anyone thought.
The big opportunity he planned for is about to hit, and I want as many of our customers as possible to benefit…but there’s a hitch.
For reasons explained when you take a look at the details here, I can only help NINE people at the moment. But those nine people are going to get something nobody else has been able to get up until today…
The full programme in one package and at a huge discount!
The adjective that sums up many people’s lives, when they are left to their own devices, is ‘drifting’. They drift through school into a college or University course and then on into a job. Little or no thought is given to any of it. It’s a course; it’s a job. You’re lucky to have either. It will do.
At the end of each day they drift home, eat some junk food, watch some junk TV and catch up with the latest junk gossip online. Sooner or later they will drift ever deeper into a relationship with someone with no real consideration for whether this person is right for them, and before they’ve had time to think about it (not that they would do anyway) they’ve drifted into parenthood, marriage or both.
Pretty soon, it’s hard to tell one day from another, and one week imperceptibly blends into the next. Eventually longer periods also blend seamlessly into each other, with the only discernible difference between one year and the next being the size of their gut, the destination of their fortnight in the sun and the location of the office Christmas party.
Any changes they do make are purely reactive. They make no attempt to plan, create or actively advance. And before they know it, they’re stuck in a rut with sides they can’t see over the top of – approaching middle age and wondering where the hell their life went.
Think I’m over-dramatising? I’ve hardly started. And unless you make a firm commitment to take control of your own life and your destiny right now, this will happen to you too. Jim Rohn, the motivational speaker and writer, highlighted the problem very well. “If you don’t design your own life plan, chances are you’ll fall into someone else’s plan. And guess what they have planned for you? Not much.” By drifting, you make yourself cannon fodder – ripe for sacrifice in the pursuit of other people’s plans.
To escape that fate, you have to take positive, proactive action now. You have to think, you have to plan and you have to take action. Nobody can, or will, do it for you. Nor will it happen by accident or magic. Drifting is an inevitable precursor to disappointment and failure. Whatever you want, it’s up to you to take action to make it happen.
Kind Regards
John Harrison
PUBLISHERS NOTICE
Dear Streetwise Customer,
I hope you’re keeping safe and well.
This offer is limited, so we are only make it available to our most valued Streetwise customers at the moment.
Back in the autumn, we alerted a few of our customers to a course, created by a guy making what seemed at the time to be an outrageous prediction.
He predicted the world would soon be gripped by a unprecedented crisis which would create a huge financial opportunity. Crazy eh?
Anyway the course revolved around a strategy which would enable anyone to make £2,803 a month to ‘tick over’ in normal times, but would then transform into a massive fortune maker once the implications of the predicted crisis hit.
Not many people (including me!) believed the prediction, but £2,800 a month is certainly worth having and a number of our customers got on the bandwagon and started doing well with it…and then the crisis came…sooner than anyone thought.
The big opportunity he planned for is about to hit, and I want as many of our customers as possible to benefit…but there’s a hitch.
For reasons explained when you take a look at the details here, I can only help NINE people at the moment. But those nine people are going to get something nobody else has been able to get up until today…
The full programme in one package and at a huge discount!
If you’re keen to start an online business, you could do a lot worse than focus on the areas where customers spend the most money online already. The second largest category (after books) is clothing and footwear.
Footwear is particularly interesting.
While Amazon has a firm grasp on the book market, the footwear market is far more fragmented with no company having a dominant market share. It’s a market with dozens of niches and sub-niches, so there are opportunities for anyone with an idea for a unique or innovative product line.
Some niche ideas you might consider include sandals, sports shoes, shoes for a specific activity, slippers, flip flops, slip-on shoes, washable shoes or vintage shoes.
This isn’t the easiest type of business to start, but it’s one with a ready-made, proven market. What’s more, it’s one with huge upside potential. Get it right, and you could very easily find your business in line for takeover by one of the big players keen to get a foothold (no pun intended) in your niche.
Motivational Quote Of The Day
“Great things are done by a series of small things brought together.”
Vincent Van Gogh
Alternative Quote Of The Day
“My hamster died today..he fell asleep at the wheel.”
Will Ferrell
The Extra Time Entrepreneur
If you’re looking to supplement your income by running an enterprise run after work, then you’re part of a growing wave. People have always done this of course, but technology has brought it within the grasp of just about everyone now.
Go back a few years, and we lived in a 9-5 world where it was difficult to get everything done ‘out of hours’. The internet and other mobile communications have changed all that and it’s perfectly possible to become an entrepreneur in your spare time.
Whether you’re running a website, selling a service, promoting a product, financial trading or a hundred and one other things – having a job is no excuse for not having a go.
Do you have businesses and ventures up and running and making money in your spare time? If not, why not?
Today’s National Day
NATIONAL TV DINNER DAY !
PUBLISHERS NOTICE
Dear Streetwise Customer,
I hope you’re keeping safe and well.
This offer is limited, so we are only make it available to our most valued Streetwise customers at the moment.
Back in the autumn, we alerted a few of our customers to a course, created by a guy making what seemed at the time to be an outrageous prediction.
He predicted the world would soon be gripped by a unprecedented crisis which would create a huge financial opportunity. Crazy eh?
Anyway the course revolved around a strategy which would enable anyone to make £2,803 a month to ‘tick over’ in normal times, but would then transform into a massive fortune maker once the implications of the predicted crisis hit.
Not many people (including me!) believed the prediction, but £2,800 a month is certainly worth having and a number of our customers got on the bandwagon and started doing well with it…and then the crisis came…sooner than anyone thought.
The big opportunity he planned for is about to hit, and I want as many of our customers as possible to benefit…but there’s a hitch.
For reasons explained when you take a look at the details here, I can only help NINE people at the moment. But those nine people are going to get something nobody else has been able to get up until today…
The full programme in one package and at a huge discount!
I want you to imagine that you have taken leave of all your senses, and for some reason have decided that you want to travel to Rotherham. And you have no idea how to get there. You flick through your address book, and realise that you only know three people from Rotherham…Paul Shane (who was in Hi-De-Hi) Paul from The Chuckle Brothers… and me.
Paul isn’t returning your calls (he can be like that) Barrie is away doing a summer season in Rhyl, and so as a last resort you decide to contact me for directions. Despite being a little miffed at being your third choice behind two ‘C List’ celebrities, you catch me in a charitable mood, and so I send you step-by-step instructions on how to get here.
I think no more about it until the day of your journey, when I get an irate phone call from you…
“What have you done to me?…Have you any idea where I’ve ended up? Barnsley…bloody Barnsley! It’s worse than Rotherham.”
I’m amazed to receive your call ~ not because you say Barnsley is worse than Rotherham (it is) but because you got lost. I mean, I know my directions were spot on. “I don’t understand it,” I say, “you should have arrived in Rotherham without any problems. Did you follow the directions exactly?”
“Of course I did…” you say, somewhat irritated, before adding a little sheepishly, “…for most of the way. But then you directed me along the motorway. I don’t like driving on the motorway, and so I went along the A640 which looked as if it runs alongside it. And it did for a while, but then it veered off. Took me an hour to get back on track.
Anyway, I got back on your route eventually, and I came to a roundabout. You said take the third exit, but I didn’t like the look of that at all. It went straight through a scruffy steelworks. I’d have got my car filthy. So anyway, I took the second exit which looked to be going in roughly the same direction, but went through some nice countryside. Don’t know what happened after that, but the next thing I saw was a ‘Welcome To Barnsley’ sign. Last time I ask you for directions!”
I’ll come back to Barnsley in a moment, butI want to give you another scenario first…
I want you to imagine something almost as strange as the desire to visit Rotherham. I want you to imagine that you are having a second childhood moment, and have decided that you’d like to make an Airfix model of a Lancaster Bomber. So you go into your local model shop, mumble something about it being a present for your nephew, and take home a box of bits, some glue and some instructions.
The shop keeper thinks no more about it untilhe opens his doors the next Saturday morningto be faced by you – red-faced and angry, andbrandishing something in your hand.
“Look at this!” you say, shaking an object so close to the shopkeeper’s face that he can’t quite make out what it is. “This is supposed to be a Lancaster Bomber. It looks more like something spawned from a brief liaison between a wheelie bin and a Dalek! I can’t believe you sold me this piece of crap.“
“I don’t understand it,” says the shopkeeper, after removing what was supposed to be the Lancaster’s wing from his left nostril. “It’s not meant to look like that. Did you follow the instructions?”
“Of course I followed the instructions.” you reply. “I mean, you can’t follow them word for word can you? The big bits looked easy to put together and so I did them first. I know the instructions said you had to do some small bits first, but I wanted to get going with the damned thing.
Anyway, when I’d done the big bits, I was going to do the little bits later. But then I couldn’t get them to fit in ~ and you needed to have them in place to finish the model off. I couldn’t get the tail to go on at all. Last time I’ll buy a bloody model from you!”
For a number of years now,something has puzzled me…
I sell the same product to two different people, and one writes to say that it is literally the best thing since sliced bread, and the other writes to tell me that it is a steaming pile of horse poo, and I should be locked up for selling it.
Same product…two completely different reactions.
I should point out that these are not products purchased for the way they look, or what they do when you plug them in. They are products comprising information and instructions which you need to follow in order to do something…
Usually when I get this sort of diversereaction, it’s a product designed to helpthe recipient make some more money.
Now for quite some time, I’ve suspected that the divergent experience people have with these products correlates with the propensity of the recipients to follow the instructions. In other words (like the villains in my two stories about getting to Rotherham, and building an Airfix model) the people who failed were unsuccessful because they didn’t follow the instructions.
I mean look at it this way…
If you had to cross a minefield, it would make sense to follow exactly in the footsteps of someone who had already done it, would it not? Does that make sense? Taking a different route because it looked quicker or by-passed some nasty mud, wouldn’t be a sensible option. You would have absolutely no idea whether your deviation from the prescribed route would result in total disaster. In a minefield, the gap between total success and total destruction may be little more than a hair’s breadth, and the uninitiated have no way of knowing where the make-or-break borders are.
And it can be exactly the samein a business or money-making enterprise.
Now as I said, I suspected that the difference between success and failure ~ between sliced bread and horse poo ~ with these products, was in the application of the instructions, but I couldn’t really prove it. You see, when you set up and run a money- making project, the number of things you need to do (and the order in which they need to be done) necessitates a relatively complex process. And asking someone to recount the process they’ve gone through isn’t normally very productive…
They can’t remember ~ or don’t want to remember!
However, I recently had a breakthrough, because we launched a betting advisory service, and the process involved there is one of childlike simplicity. It goes as follows:
1. Receive a recommended bet by email detailing the event, the outcome to be bet on, the acceptable odds and the size of the bet.
2. Place the bet!
That’s it! Really!! There’s absolutely nothing further to do. No decisions to make, no further actions to take, no thinking to do. Nothing. It’s all done for you. Just follow the instructions.
By the end of the first month of this new service I was delighted. The results had come in just as we’d expected and hoped, and anyone following the advice in that first 30 days would find themselves over £600 in profit.
Perfect…
Or so I thought until I received an email from an irate customer: “You said this service would be profitable. I’ve been on it for a month now and I haven’t made a penny. In fact I’ve barely broken even. I’ve been conned…” etc, etc. You get the idea.
I emailed this gentleman back and expressed my surprise at his disappointment. I asked him to send me his betting records, so that I could see why they didn’t tally with mine. A couple of days later I received an email detailing a betting record for the month, which did indeed show a small loss. But his betting record had very little in common with the instructions he’d been sent.
There were five days’ bets which were missing altogether (“I was away on holiday that week.”) another three bets which weren’t placed (“I just didn’t fancy those.”) and some winning bets that were placed at a fraction of the recommended staking level (“I was a bit short of ‘readies’ that week and so I had to cut back.”) There was even one bet which we hadn’t sent him at all! (“That was one I picked out myself.”)
The guy had paid for information from someone who knew the betting equivalent of the road to Rotherham, the right way to build a Lancaster Bomber, and the way through a minefield – but had chosen to ignore or be selective with the advice…
With the result that he’d endedup in Barnsley, holding a piece ofcrap with half his leg blown off!
Now look, there’s an important caveat here. You have to choose your business advisors carefully in the first place. But once you’ve done that, there’s no sense in being selective, or trying to second-guess with respect to the information, instructions and route map you’re given. It’s not a menu from which you can choose the ‘dishes’ that seem the most palatable. You have to swallow the whole meal…
As children, we’ll almost always choose the ice cream over the spinach ~ given a free choice. And even as adults, when we know what’s good for us, the lure of the palatable, easy-to-swallow part of the meal is a strong one…
And so it is with business.
You have to swallow the whole meal exactly as it’s served up. Miss something out, or eat it in the wrong order, and you could very well find yourself nutritionally deficient or with indigestion…
Or skint-arsed as my bankmanager likes to call it!
So buckle down and eat your greens. They’re not just good for you, they’re essential. Just make sure your chef knows how to cook them first.
