Mike Noone teaches interpersonal communication skills

𝗛𝗼𝘄 𝗧𝗼 𝗕𝗲𝗰𝗼𝗺𝗲 𝘁𝗵𝗲 𝗚𝗼𝗹𝗱 𝗦𝘁𝗮𝗻𝗱𝗮𝗿𝗱 𝗶𝗻 𝗬𝗼𝘂𝗿 𝗠𝗮𝗿𝗸𝗲𝘁!

If you want to live freely and prosperously you have to think, act and be different to the rest of the herd because the herd is always wrong over the long term.

Is it easy to do? No. Not always.

But here's the deciding factor, for me at least...and hopefully for you too.

If you want the absolute best for those you love and care for, you must become the absolute best at what you do. Maybe not straight away. It's a journey, after all.

But never ever settle for mediocre when you could shine!

So how do you do this/ It begins with innovating your offer based on what your market really wants. And by innovation i DO NOT MEAN TECHNOLOGY!

Innovation starts with understanding what your client or market really wants that nobody else in your industry is providing for them. Once you have figured that out, get all your team, stakeholders and suppliers etc and work out how to give it to them!

And maybe you can't deliver all of it yet but by making a start you are already ahead of your competitors.

And once you have innovated your product or service, rewrite all of your marketing messages, how your company operates and your customer service around that gold standard.

We have done this for clients in over 350 industries.

Trust me when I tell you that none of your competitors will go to these lengths.

This is how you begin total domination of your market.

So far we've spoken about the share markets and government bonds as investment vehicles. While what I've written is not exhaustive, hopefully you now have a sense of how fragile many of these vehicles are.

There are still diamonds out there just waiting for you to bend down and pick them up. Unfortunately, the investing establishment has done an amazing job of marketing paper assets as a sound place to park your currency

So, if stocks and bonds are not a good place to be. If real estate is overvalued and risky. If delinquencies on car loans, student debt, mortgages and credit cards are at, or near to all time highs in a financial system that's built on funny "money," what should you do?

I am no longer a financial advisor so this is not financial advice. But here's what I am doing.
I am investing in my business because it offers the greatest degree of control and the greatest upside potential.

There are multiple ways to increase revenues, grow profits and enterprise value with zero or very little dollars out of pocket.

I am running a masterclass on how to do this next week.

I will post the link to the registration page over the weekend.

Here's a few thoughts to consider.

Here in New Zealand (AKA: Godzone country) inflation is expected to hit a 15 month high.
Now, rather than just bitching about it, the smart thing to do is to work out why it's happening and more importantly, what the hell you can do about it...

So, what is inflation? You have been led to believe it's an increase in prices caused by greedy supermarkets price gouging you.

The truth is, price increases are an EFFECT of inflation. Prices increase because of inflation. The price rise is the RESULT, not the CAUSE.

In economics, (stay with me here, this is important) inflation is actually an increase in the money supply.

That's point ONE.

Point TWO is that what you call money is NOT money. It's currency and the only reason it has any value is because the government says it has value.

One of the principles that define money is that it must be a store of value.

ie: If a dollar buys you a kilo of bananas today, it will buy you a kilo of bananas next week or next year, because it has retained it's purchasing power.

Now we both know that is not the case. Your central bank has an "inflation target." Which is to say they have a target for debasing the purchasing power of your currency.

So if they are devaluing it, it stands to reason it is not a store of value.
I hope that you can now see, that it is your central bank, along with your government who is devaluing what you buy your weekly grocery shopping with.

Government debt is allegedly the safest place to park your currency because it is backed by "The Government!"

So, let's look at how governments operate.

At some point, they enacted a law which legalised them taking a percentage of your earnings in return for some form of a consideration.

What is important is that governments take money from you without mutual agreement.

Now, one of the aspects of contract law is that you cannot enforce an agreement that a person did not voluntarily enter into. Except with the government.

The other way that governments generate revenue is by borrowing it.

This is done via auctions where your government sells debt to foreign governments, insurance companies, pension funds and other large entities with oodles of currency to park somewhere.

This government debt has different duration, meaning the time period of the loan. It may range from a few months to up to 100 or more years.

You get paid interest and the return of your invested capital at the end of the term.
What makes bonds different is that as the dividend, or interest, paid on them goes up, the value of the bond goes down. So, why is that?

Interest rates are a reflection of risk involved in lending your currency to another party. If you perceive the risk to be high you should demand a higher rate. And because the risk is higher the value of the asset (the bond), is lower.

So the higher that bond yields (interest rates) go, the lower the value of the bond.

This partly explains why many nations are dumping the debt of other nations for gold.

Shot in the jewelry district of Little India, Georgetown, Penang, Malaysia, earlier this year. Please be aware that this is just a test for some new software I am trying out. Please let me know what you think. Thanks!