What is going on, everybody? Happy Saturday morning. I guess it's the 18th of, yes, September. It is 10 o'clock in bright and sunny Austin area, Texas. Where I say Austin area, I'm not exactly in Austin. I'm kind of north of Austin. But I want to welcome everybody. This is the big day. This is the big day we all have been waiting for for the past five days. I've been teaching you guys how to start a YouTube channel and make money on it. And today's gonna be the decision maker.  So stick with me today. I've got some great information. I've got all the reasons why you won't succeed today. I've got all the reasons how you can succeed today. So you're gonna want to stick with me. If you're new to this channel, hey, do me a favor and subscribe. Hit that subscribe button down there. Don't forget to turn it from red to gray. Super important that you do that. James says, I'm loud and clear and good video, good. And give me a thumbs up if you would, guys. Hit that thumbs up button down there. Don't forget to ring the bell. Turn on all bell notifications so you're notified every single time that I go live or I upload a video. Today's gonna be an amazing day. It's really an amazing day. And I want you to be thankful for today. You know, I got a message this morning. My son is in the hospital. He is a bodybuilder. He's in super good shape. You know, he eats right. He measures out his food and all this. But he's had a health condition that hit him today. Excuse me. And they may have to operate on him. So if nothing else, keep him in your prayers today. He's a really great kid. He works at the Cleveland Clinic in Cleveland. And he's in the cardiac unit. And so he does this stuff every day. And now he finds himself in that hospital. So please keep him in your prayers. Worried about him. Maybe I have to go to Cleveland. I don't know. I gotta take care of my boy. He's a, how old is Patrick now? He's 27 years old.  So keep him in your prayers. So let's get on today with this YouTube thing. And I wanna go through a whole list of things I've done. Paul says, lunch looked awesome. He'll say, Paul, that was one of the best sushi bars I've ever been to. They had all kinds of special sauces to go with stuff. It was amazing. It was really good. Paul says prayers for your son, prayer sent. Thank you so much. I do appreciate that. He's like my best buddy, best friend, love my boy. So yeah, we're hoping the best for him that he doesn't have to go through this operation that they're saying he may have to do. So hopefully he's gonna be okay. So let's get on with our YouTube stuff because I promise you guys I will show up and that's what I will do.   Now, I will tell you this. Number one, you will not make money fast, okay? Now a lot of you guys wanna make money fast. You're like, I have to make money in 30 days. I gotta make money in 90 days. If that's the case, then YouTube is not gonna be for you. However, if you wanna make money that's sustained money, in other words, it's not like you sell 10 items and you gotta find 10 more items to sell. When you get a video on YouTube or you get a number of videos on YouTube and you start generating money, it's continuous. It keeps going. However, a lot of people fail because they wanna make money fast. They're like, I want this fast buck. YouTube is not a fast buck platform. It has never been a fast buck platform. Now I'm gonna have somebody say to me, well, JR, I know somebody who made money their first week or I know they had a viral video made 10 somebody, you may know somebody like that. You may know somebody like that. But for the most part, it's long-term because to even get monetized, you've gotta have 1,000 subscribers. So imagine this, you do a video and it goes viral and it gets 10 million views.  That takes time. In addition to that, you have to have 4,000 hours of watch time over the previous 12 months. It's a long-term proposition. So if you're thinking, well, I'm just gonna make money real quick, YouTube's not the platform for you. And I think I started off the week telling you that. Also, a lot of people don't succeed because they don't see the big picture. YouTube is a long-term thing.  And maybe a year down the road, maybe five years, maybe 10 years down the road, you have an incredible income. So it's something that you have to build on. It's not for a quick fix. Now, some people will say, well, I don't have a year. I don't have five years. I don't have 10 years.  I mean, what's gonna happen? Because the fact is, if you're alive five or 10 years from now and you don't do this, then you just missed out on that opportunity. You know, why would you do that? Why would you miss that opportunity? Time's gonna pass no matter what you do. I think a lot of people have a hard time getting that in their brain. They're like, well, I don't have four years to go to college or I don't have two years to get this degree. Time's gonna pass anyhow. You might as well do something, okay? Now, if you think about it in that way, okay? Then you're gonna do really, really well. Let's say you're a tax accountant and you make YouTube videos to help people understand taxes better. Now you can offer your tax services to people. So you kind of have to think of it in a big picture way. Like I make videos on how to make money online. And the big picture thing is I have affiliate links. I have courses, people join my memberships. And that's where I make my money. It's not just putting a video up on YouTube. It's them seeing that I have a channel that's worthwhile and wanting more information. Let's see here. Let me look at some of my comments. Any thoughts on if it's worthwhile to do a contest to get traffic? It is. Yeah, it's worthwhile to do a contest to get traffic. It's one of the many things you can do. And some contests do better than others. Maybe your contest is a flop because of what your prize was. Or maybe it's a success because of your audience. There's so many factors that go into that. But yeah, contests work. They have work. They'll always work. So they're a good thing. I watch a cinema notifications here. Okay, I'm cool. Thoughts on running a blog along with a YouTube channel. I do that, but what I do on my blog, it's really a vlog, is I upload the videos that I have on YouTube to my blog. So they're also on my website. But certainly anything you can add to your YouTube is gonna be helpful, anything. Now the next reason why people don't succeed on YouTube is that they're not committed. They don't commit to it. They have a commitment problem, okay? And you'll see it over and over again. You'll see channels that have 50 subscribers or 100 or maybe even a thousand. And then they haven't done any videos in months or weeks.  They're not committed. Guys, you gotta be committed to work hard when things are great and when things are horrible. And I don't know, I think it's easier to work hard when things are horrible because you need something to happen, right? When things are really good and you got a lot of money coming in, yesterday we did about $12,000 in sales overall at just my food company, just the food company. Now that's a slow day. And you say, oh my gosh, I would love to have $12,000. Well, I gotta tell you, I started out as a dishwasher at Victoria Station in Memphis, Tennessee making I think a $1.50 an hour is what I made washing dishes. And then we got a penny a meal for how many meals they serve that night. And we got that in change in these little envelopes and the waiters and waitresses would have to put them in these envelopes. So, some nights we would do 900 meals. Sometimes we would do 1,000 meals. So that was another $9, another $10. And to me, a $1.50 an hour and then an extra 10 bucks at the end of the night that was a lot of money. Now I look at 10, $12,000 a day and I'm like, ah, it's a slow day. I gotta get things going. I gotta get things going. I gotta work a little harder. But the problem I have and the problem I think most people have is once you've reached a level of success and you've seen this in sports, you've seen this in business, your motivation tends to go away. It's the eye of the tiger kind of dies out a little bit because you're comfortable. Getting comfortable is the biggest deterrent to being more successful because once you're comfortable you don't have to work as hard. So I forced myself to work really, really hard even though I'm comfortable now, even though my bills are paid, even though I don't have any credit card debt or anything like that, I forced myself to work hard. It's harder to force yourself to work hard when you don't have to. It's harder to do that. But if you can do that you will become better and better and better. Okay, now you gotta ask yourself do you drop most things you start and why do you drop the things you start? Do you have a commitment problem? Are you that type of person that just starts all these different things and never finishes anything? And let me check some of my comments here. Let's see here. It still gets down to having a quality product to sell along the way. By the way, I'm grateful for your affiliate links because you used everything there. Yes, I do use everything. I don't promote anything I don't use guys. Most people give up after less than 50 videos. Same problem in podcasting venues. Yes, I did an interview for a guy and he had a lot of experience. I mean, a ton of experience, really great digital marketer and all that. And he was putting together a podcast and he asked me if I'd be interviewed and it was gonna go live in about three or four months but he was getting together all these interviews. So I certainly did. I spent an hour and a half with him. Within a month and a half he went and took a job somewhere and he just canned all those interviews. It's like, yeah, why would you do that?  He had that commitment problem. The next thing I think that kills people on YouTube is they don't know their audience. Who is your audience? Your audience is your best friend but you gotta take care of them. You gotta give them the commitment, the time, the effort, the good information that's gonna help them.  They're leaving you, okay? And you have to understand your audience because it's like your best friend. Eventually you can sell them a product or service but as you guys know, I don't sell you hardly anything. If you're talking to photographers you need to use the language that photographers understand. I'm talking to people who wanna make money online.  And speaking of groceries, I saw an article today there was a woman who was arrested in Virginia Beach, Virginia. I think she was convicted in North Virginia and I'm from that area for a coupon scam where she was duplicating coupons and selling them on sites. And she ripped off these companies for $31 million in coupons. Amazing. I think she got 12 years in jail. $31 million, that's pretty amazing. So when many people start the YouTube channel they do little this and that. They don't really have it focused. They're not bad for experimentation but it's not gonna get you honed in and focused on your target audience until you start catering towards a particular niche. Now, the next thing is, do you have any skills? Do you have any skills? Do you have skills to start a YouTube channel? Beyond filming videos, you need to understand keywords. You need to understand basic designs, working with people, that type of thing. But I know a lot of people use this for an excuse. They go, well, JR, yeah, I don't understand that stuff so I can't be successful on YouTube. No, not true, not true. Because think of it this way, nobody who starts YouTube knows this stuff until they start YouTube. All of these things you can learn. You can learn keywords, you can learn the basic design. You can learn making thumbnails, you can learn working with people. You can learn anything you wanna learn. And nowadays, pretty much, you can learn anything you wanna learn for free, okay?  There's no excuse for lack of knowledge. I hear it all the time, well, I would do that but I just don't know how to do this or I don't know how to do that or I don't understand this. Type it in Google. The answer to everything is I'm on Google right now. Now I'm really excited to see Jessica's pet product launch. Yes, we are working on that right now as a matter of fact. Did you find that there's a sweet spot for dropping video still blown away by your audience demographics? Yeah, we have a very young audience demographics. It's 18 to 24. And I know most of the people on my live are probably older than 24 but that's my demographics and the majority of them go from that 24 up to 35. So I have a very young audience and I don't know why but I just do. Let's see here. Think about it this way guys. If you don't have the skill set, can you get the skill set? You need to be able to have a growth on your channel. There are some big things, the big things and key factors that you need to take into account and start a YouTube channel. If you don't have these things, these things I just talked about then you're not gonna do as well. Now let me grab some of my other notes here. So let's talk about some more reasons why people aren't successful on YouTube. YouTube is a platform where thousands of people want to work and earn a lot of money by sending their videos and thoughts. And of course, they want it done right. The truth is it doesn't work out for everybody. Some people work so hard, they put in a lot of effort and they don't know what to do. They don't do the right things because they just don't make it. Now I know no one wants to be that person right. So in the beginning, I was a failed YouTuber, okay? I tried YouTube for several years, I didn't do well at it. And then one day I woke up and I said, well, maybe I'm doing stuff wrong. Maybe I need to learn stuff. Maybe I'm not putting forth the effort I need to put in. And when I started doing that, my channel started growing. Now some of you may say, well, JR, your channel is not as big as this guy's or it's not as big as this guy's. I know that. But you know what? At one point, their channel was smaller than mine. Everybody starts small on YouTube.  You've got to understand that. First problem I see a lot of people do is making bad content. Okay, if you make bad content, people aren't gonna want to watch it. Okay, this is just basic 101. Their videos really suck. And they don't know what the viewers really want to watch. The reason behind this content video is because they put up videos that they themselves think is amazing because they are making videos for themselves. That's not the idea of YouTube. The idea of YouTube is you're making videos for other people for what they want. They fail at creating content because they don't put 100% effort into making amazing videos, which is exactly what I did in the beginning.  They weren't good. They didn't serve my audience. I'm not the same person on cameras. I was in 2015, although I'm the same person. I had to figure out what YouTube meant, what it does for people, how to help people. And if I did that, then everything would work out. Now, if you guys are concerned that today I'm not giving you the technical stuff, you can go through the Monday through Friday videos this previous week. And today's the 18th. So I guess that started on the, let's see, 13th, 14th, 15th, 16th, 17th. Yeah, start on the 13th and go through all my live videos for the week. And it has all the technical stuff. Do that after this one here, okay? So good videos are really important factors in having a successful YouTube channel. In order to pull off a successful channel, you gotta be a good content creator. And if you wanna know how to be a good content creator, watch the videos that you really like. Watch the videos of a channel that has a lot of subscribers, that gets a lot of comments, that has a lot of people watching them. It's that easy to figure it out. Let's see, I currently use a high school kid for our editing cost is cheap and I win-win for both of us. Do what you do best and outsource the rest. Yes, and I'd love to see some of your videos. I haven't seen any, Paul, so I'll post those somewhere. I don't know if you haven't won a channel or anything yet, I'd like to check them out. The next problem I see with people on YouTube is they upload all these random videos, okay? Uploading random videos is not gonna get you anywhere. Okay, every now and then you'll have a hit. For the most part, you won't. People won't know why to come to your channel. They gotta know why you're there.  What are you actually? If you really want to turn your YouTube channel into something long-term, something like an actual asset, then you need to look at yourself as somebody who can do something. What is it you can do? Who has a talent that the world would love to see? My talent is a really simple talent. My talent is I make money online. I know how to market stuff. It doesn't even matter what the product is anymore. And I woke up about three years ago and I was like, I can sell anything. That's my talent. I can sell anything. It's not the product. It's not any of that stuff. It's being able to market a product. It's being able to design these sales funnels and these emails and these ads and all that. That was my talent. So I said, well, that's what I need to teach people. I need to teach people how to market stuff online because if I can impart that talent to them and they can learn that, they'll be successful no matter what their product is. And the next thing I see is lack of patience. If you don't have patience, you will not succeed. Patience is necessary for when things aren't going well. Patience is so much more important to achieve something. So that's my, I guess the next reason is if you don't have patience guys, you can't succeed in life. You've got to have patience.  After working and uploading videos on YouTube for days and sometimes months and not getting the views that you want, many people will just stop. They stop. So many people fail on YouTube because they wanna have their channel grow within no time. It's not gonna happen.  It's not easy to build a successful channel with no time. Time is a necessary factor. And within that time, you need effort. Everything takes time to do or to achieve everything. So there's a saying that you gotta put in your 10,000 hours to become an expert at anything. And I really believe that. And if I think about how many videos I put up and how many I put up, I put up over 1,000 videos. I haven't looked at the number lately, but I know it's over 1,000 videos. And if you take 1,000 and let's say, and some of these are half hour videos, some of these are 10 minute videos, but if we do, let's do some quick math here guys. 1,000 and we're gonna say times 15 minutes. That's 15,000 and that's divided by 60. Well, that's only 250 hours. That's only 250 hours you gotta put in your 10,000 hours. So I gotta triple that to really get to where I wanna be. Be willing to do that, okay? This is one of the main reasons so many people give up on YouTube. A lot of people give up on their first channel and then create a second channel. And they blame the channel. It wasn't the channel, it was they quit too soon. After the second channel, they create a third channel. That's why they don't get success on YouTube. People need to stick to one channel and have patience and work on that channel and make that channel better and better and better. And I even see people who had really big channels start another channel and then they can it. I watched Dane Drops. He has a great channel. He has millions of followers. He started one on exercise. Dane is a big guy. He's out of shape. That exercise, one lasted a few videos and then he never posted again. Kwan Tran, I watch him. He has a cooking one. He talks all about food and he started, once again, an exercise, one where he was gonna exercise. And guess what? That lasted a few videos and he quit. Even successful YouTubers will do this, okay? Did Joe Girard never offer you any car sales tips? I'm very well aware of Joe Girard because I was a automotive sales trainer too. Joe Girard was more popular in the 60s and 70s. And he would do some kind of crazy things. A lot of people actually surpass Joe Girard in sales because he used really basic stuff. Like he would go to a baseball game, for example, and he would have 200 business cards and he would throw them in the air and hope that some people would grab those business cards and come buy a car from him. And he worked real hard and he did a lot of follow-up. Basically, Joe Girard, he asked for referrals. He just did all the basics when nobody else was doing the basics. But other people came along after him and really sold a lot more cars. I did some training and not to get off track, but for about nine years on the road, I used to manage the number one Chrysler dealership, State of California, number three in the nation. And I went in there and I trained some of the top salespeople, all six-finger salespeople. And then I took that show on the road per se and trained a lot of dealerships around the country. And we had different techniques that really worked well that didn't involve throwing your business cards in the air. Not that he wasn't a great salesman, he certainly was. But we figured out other ways of doing that. And that's how YouTube is too. You gotta figure out other ways of doing this stuff because what worked for somebody in 2014 or 2009 is definitely different now.  You guys are watching this this week and some of you have been here all week long. Some of you are new to this channel, but this applies to everybody, okay? I know you've got great ideas in your head. You've got great ideas. And I know you thought to yourself recently, I really need to make a change. And yet you've done nothing about it. So let's examine that a little bit. I like how you batch your videos and dole them out. You definitely learn to be super productive and have discipline in both your businesses. Well, thank you, Paul. That's just basically hard work. I mean, I wanna tell somebody I've got some secret. I don't. It's hard work. And I still have not achieved what I wanted. And there's still a lot of people that are way far ahead of me. And there's some people behind me. And I don't really care. I'm me, okay? I'm me. I'm gonna do what I do. So you people who are not acting on your, you people. That's terrible, right? You who are not acting on your ideas, okay? You go through the moves. You're convincing yourself that life isn't so bad. At least you're getting a paycheck and you're getting paid. And that's what's dangerous. If you're too comfortable, that's what's dangerous. That's what's keeping you from trying new things. The problem is deep down inside, you just know getting paid is not enough. You know that just paying your bills and not being homeless is not enough. You know that life is about more than not starving. It's about truly living. You see other people doing it. You see me maybe traveling, going out to lunch on Fridays and living a really good lifestyle, okay? Better than I ever thought I would. I was a dishwasher at Victoria Station when I was 15. That's where I started, okay? That's where I was. And actually I worked in a body shop before that when I was 14 knocking out dims. That's where I started. It's irrelevant where you are. Quit thinking about where you are right now. It doesn't matter where you are. It matters the direction that you're going. It's about setting your sights on something you want so badly and stopping at nothing to get it. It's about canceling your TV shows. It's about canceling hanging out with your friends. It's about canceling happy hour. It's about canceling all that stuff. Then you can be successful on YouTube or anything that you want. And yet despite this knowledge, you're still allowing your dreams to slip out of your reach. Now why are you doing that? Why is this? Passion is not enough. The definition of insanity, as we all say, is doing the same thing over and over again and then expecting different results. Creatives must be a little insane. If you think about it, all these really creative, wealthy people, you always think, man, they're weird. They're a little weird. And they're a little weird because they do things other people wouldn't do. Day in and day out, they go about their routine telling themselves that they'll eventually make time to do something. This is what the average person does. But they never do anything. Days turn into weeks. Weeks turn into months. And months turn into years. Until one day you wake up and you realize you're not any closer to where you want to be than you were in the beginning. And then it becomes too late. Now, I will tell you today it's not too late. I don't care how old you are. I don't care how young you are. And I used to use the excuse when I was young, well, I'm too young. That guy's so much older than me so he can do so much more. Age has nothing to do with it on the internet. You know, I knew people, you know, that are 12 that make money online. We have a viewer that's in here every now and then. Karim, I think it's Karim from Pakistan. And he is 12 and he's making money online. 12 years old. So if you're 75 or 80, you can make money online. It doesn't matter. As harsh as I sound right now, I'm really on your side. I know you've got the passion and spark to challenge the world. I believe in you. I believe, I really do. I believe you could do it. But having this passion is like having gasoline without a car. It's not gonna get you anywhere.  Everybody can coast through life. You know, if you live in the United States and I know a lot of you watching this, a lot of my audience is in India. The big portion of my audience, almost half of it is in India. But let's say you're in the group of the US. You could just coast in the US and get through life if that's what you wanna do.  What a shame if you are born and raised in the US and you're 40 and broke and living in America.  I mean, people aren't jumping in the ocean trying to swim to Poland or trying to get to Mexico. They're trying to get to the US. And if you live here in the US, you can do it. Now if you live in another country, you can still do it. But the people in the US have got no excuse. You know, you've got to look at them and go, what's wrong with these people? It's not laziness that's keeping you from your dreams. It's a bigger thing. It's fear. Fear is the brethren of passion. Fear is the reason your ideas disappear into ether quickly as they came into your brain. Because taking action on them means putting yourself on the line, taking risks.  However, on YouTube it really isn't. Because if you keep going, if you just keep going, you will build an audience. I know this for a fact. I know this for a fact. My audience is building. I have more people show up every single day. I have more people comment every day. I make more money every day. When I first started doing videos, I didn't have anything figured out. You know, nobody was listening to me in the beginning. Nobody wanted to hear what I had to say. But I told myself, eventually, I would have an audience. I had to get good at what I did. Okay, I had to really impart good knowledge. I had to help people out. So that's what I started doing. And then the audience started building. And then the money started coming in. And that was true with my food company too. I had to know what to do with the food company. In the beginning, I didn't do well. I didn't do well at all. And now it does millions of dollars in sales. In the beginning, you're not gonna do things right. Perfectly, you're just not, okay? But guess what? That's okay. Realizing this fact kind of relieves you from that cognitive dissonance, okay? It makes working on your art a heck of a lot more fun. Okay, when you realize it's okay if you don't do everything perfect. The danger of being a follower. Keep in mind that if you're following on social media, their work, their posts, their sayings all influence you. Wouldn't you rather influence other people? Wouldn't you rather be the influencer? You know, when you're taking pictures and doing videos and all that stuff and you're posting them every day, it's a lot more fulfilling than watching other people do that. When you do videos on YouTube and you put it out there and somebody comments and somebody likes it, that's a lot more fulfilling than watching a YouTube video. And I know I like to watch YouTube videos and I feel good but I'm doing it because I watch what I want. But it's a lot more fulfilling to have my videos watched. It really is. Let me check out some of your comments here. I like to tell you work on your business and still got in your workouts on that cruise. Yes, and I'm dressed today for the gym and I'm dressed today for the gym, not to impress you guys, but it makes me remind myself. I look down, I go, I got gym shorts on and a gym shirt. I think I'm supposed to go to the gym. So it reminds me to do the stuff I'm supposed to do. Okay, information overload is a real thing. It's possible to watch too much of these motivational videos on YouTube. It's possible to watch too much educational videos. Now I don't think it's possible for you to watch too many of my videos. No, no, that's not possible. But here's what I want you to do today. I want you to make a commitment. Let's see, I find that many creatives are great at ideas but horrible in sales and marketing. The thing I take is action over revise later. That's very true. That's very, very true. Now, how long have you wanted to do a YouTube channel? Ask yourself that question or a podcast or you can apply this to whatever you want. It's time to do it. It's finally time to do it. You don't have to know exactly what you're doing. I want to relieve you of that. You don't have to know exactly what you're doing. You don't even have to know how to do it to make a living. You don't have to know how to do it to get paid to do it. You just need to do it. If I can convince one or two of you or 10 of you or 1,000 of you to do this, I'm gonna feel good because I know that you will succeed and when you do succeed, you're gonna go, man, why didn't I start this so much sooner? I look at myself and I go, why didn't I start YouTube in 2005 instead of starting it in 2015? But I don't kick myself for that. I just go, my God, it's a whole lot better than I thought and you will too. You don't have to know all this stuff to get started. You just gotta get started. Make time. Set up time to write, to paint, to sing, to dance, whatever you wanna do, to make videos for YouTube.  That's what you need to do. Every day you wake up, you have the ability to choose. Every day you wake up, you will bring yourself closer to your goal or you will just have another repeat version of yesterday. It'll be Groundhog Day, same day over and over and over again. I'm currently working on a book. I'm currently working on a couple classes. I'm currently working on a webinar. And I know that as I work on those things, every day I'm currently working on fixing a couple of my sites and all these other stuff too. But I know as I work on those things, life gets better. Life gets better because I'm creating. You need to create more than you consume. Create more than you consume. It's not gonna be perfect. You might fail. I will fail. I know at certain things. And the more reason to share your process with the world and as you're doing this, share with people the process you're going through. I was talking to Tayan the other day when she was saying, well, I'm thinking about actually posting my process. I said, that's an excellent idea. People love to see that. Let's see here. There's Tayan right there. Paul, marketing is something I love learning more about. The other thing I noticed is you are a student of your craft and are always learning candy. All right, he's got an acronym. What is this candy? Constant and never ending daily improvement. 100%. You gotta do that. And I know a lot of people fear away from it though.   And the reason they hate competition is it bothers them if somebody beats them. Well, let me just kind of work something out here for you.   Even if you're at the top of your game, you're Mike Tyson. Somebody beat him, okay? You're always gonna get beat at some point. It's not the point to be better than everybody else. It's the point to be in the race. That's what you wanna do. You wanna be in the race. You don't wanna be in the stands. You don't wanna be watching the race. Watching the race is fun. It's fun. But it's not as fun as being in the game. I see somebody, I don't watch any sports on TV. I can't do it. I would rather be in the sport than to watch the sport. I will watch some boxing because I used to do some kickboxing and Taekwondo and all that, so I enjoy that. But for the most part, being in the game is a lot better than watching the game. I think it's so funny when these men sit on a couch and they drink beer or they eat potato chips and they're way out of shape and they're yelling at the people on the TV screen about how bad of a job they're doing. I'm like, you get out there and you do it and see how easy that is. At least they're competing, okay? At least they're competing. Competing in life is important. The reason most of us don't do it is because we're afraid somebody will beat us. Just get that out of your head. Just be in the competition, be part of the game, be part of it. This is day six of six days of teaching you YouTube and this is the day where I hope to wake you up that all that knowledge I gave you Monday through Friday, you need to apply it. Right now, today, take time today. Do your banner for your YouTube channel. Come up with a name for your YouTube channel. Come up with 10 ideas for videos. Write some scripts. Do something.  They have a myriad of reasons for it and understand guys, it's not because you don't have enough time, don't ever use that again.  Don't tell me I don't understand. I was a single dad, I raised two kids. I worked 65, 70 hours a week running car dealerships and I started my business on the side and I was on the rescue squad in the city of Virginia Beach doing, I was an EMT and I was helping people out on an ambulance. So don't tell me you don't have enough time and I'm not saying I'm great or anything like that. There's plenty of people like me. I mean, if you look at any president in the history of the United States, they're pretty darn busy and for the most part, all of them had an exercise program. They all worked out. So if you say I don't have time to work out, I don't have time for this YouTube channel, they're just excuses. Nobody believes you.   You made them up.  Look in the mirror. David Goggins talks about the mirror of accountability. You look at the mirror every day, you're looking at the problem and you're also looking at the solution. Are you the solution? 100%. Are you the problem? 100%. It's not what happens to you in life. It's how you react to what happens to you in life and it's how you prepare for life. If you're prepared, things are gonna work out. I've been a speaker for many years and I've done a lot of training and sales training and I get contacted by people now because they know I'm prepared. They go, well, we can hire JR because he's prepared, he's done this stuff.  That's how I get there. It's like my screen just died out. Let me get my screen here back real quick. There we go, okay, so I got my screen back and let me get on my other screen here and I want you guys to put your comments in there. Has this resonated with you today?  Why you're doing what you're doing? Why you're not doing what you're not doing? Excuses are the thief of success, Paul says. You need the realization that there's always room for anyone wanting to make a living. If you don't build your dreams, somebody else hires you to build theirs. 100% true. What software do you utilize for webinars, for developing courses? I use Cartra to market everything and I use EverWebinar and Webinar Jam and they're made by the same company which is Genesis Digital, so they mesh together and they work perfectly. That's why I love them. I learned don't wait around waiting on other people's excuses, take your business elsewhere. Very, very true. And guys, I want everybody to put a comment in there. If you're watching this right now and I know there's double digit people watching, put a comment in there. That will be your first step to getting involved. If you can't get involved in a live video, if you can't at least say hello, if you can't ask a question, if you can't share an idea, your odds of being successful after this video are not very good. And I'm just gonna be upfront with you. You need to participate. This is the first step. If you participate in this video, if you put a comment there now, if you put a suggestion there now, if you tell me what the weather is in your town, you are actually putting forth the effort you need to to success and be successful on YouTube, on any business or in life, but you must, you must, you must participate. Put a comment in there. Say hello to me. Tell me what you got out of this today. Tell me what you didn't get out of it.  Let me know that you exist. Don't hide in the shadows of the internet. Don't hide. Make yourself part of this conversation today. Put something in there. Now I'm about to end this training and you have an opportunity to put something in this chat box. Now, if you're not watching this live, James Breen says peace and blessings always everyone. Thank you, James. If you're not watching this live, you can still participate. You can still put it in the comment section below. I'll still answer you. I'll still come back and talk to you. Don't use the excuse while I wasn't live so I couldn't talk to JR. Yeah, I wish I had been, but I didn't because I wasn't there. Let's see here. I've got more comments. Paul's working hard. Work hard like Paul. He says subscribe and ring the bell. Yes, don't forget to subscribe and ring the bell, turn on all bell notifications so you're notified each and every time I upload a video or I go live. That's very, very important that you do that. And some of you have participated now. Some of you have taken that step. Will the rest of you take that step? I hope so. I really do. I want to help you. I want to give you what you need. I want to motivate you if I can. I don't know how to motivate some of you. I really don't. Don't get how to motivate some of you. Some of you will get motivated and that's awesome. That's awesome. I love that. Some of you out there need to start with yourself. Quit waiting. Some people say, well, if somebody would come along and motivate me, I'd do really well. Well, what if they don't show up? Are you going to depend on them? Are you going to depend on them for the rest of your life? You're going to say, well, hey, I'm not successful because nobody came and motivated me. Freaking motivate yourself. Motivate yourself. Do what it takes to make something happen. Now is the time. Today is the day. You have a chance today. You don't know what tomorrow holds. You don't know what tomorrow holds. It could be a horrible death or it could just be another waste of day. But if you start something today, if you do something today, you can determine what tomorrow holds. Don't you want to be in control? Or do you just want to kind of flow through life, let things bump into you and you just go the direction they push you? Don't let it happen, guys. Don't let that happen. And I really appreciate you being here today. I appreciate all of you who actually participated, who put something in this comment section. Paul, you have worked very hard. Tyain, great to see you. Let's see here. James Breen, of course, you're always there for me, buddy. I appreciate that. I will be live again next week and working very hard for you. I can promise you that to, and I try every week to go out and find new things to share with you guys that are working for me. And when I say find new things, I find them, I test them, I make sure they're successful and once they are, then I hand them to you. I don't just go out and go, hey, I heard about this, you ought to try it. Unless I've tested it out, I don't share it with you guys. We've had a good turnout today. I really appreciate it. I assume we'll have some viewers after this video too and we'll get some good views over that. Don't forget to subscribe. Give me a thumbs up. If nothing else, if you have it, if you have a comment and if you owe me a thumbs up, you at least owe me a thumbs up. Hit that thumbs up button, okay? I'm waiting for you to do that. I don't have enough thumbs up there. Please hit that thumbs up button. It helps the YouTube algorithm. Guys, thank you so much. Keep my son in your prayers for me. He's going through a rough time right now and hopefully he's gonna be fine. But I appreciate everybody being here. Guys, you have a great day. I will be off tomorrow. I'll be back Monday. I will post what videos I'm gonna be doing and what I'll be training you guys on. So I will see you on Monday morning at 9 a.m. Thank you so much for being here.


The text was simplified as follows, abstract background cryptic genetic variation, CGV, is the hidden genetic variation that can be unlocked by perturbing normal conditions. CGV can drive the emergence of novel complex phenotypes through changes in gene expression. Although our theoretical understanding of CGV has thoroughly increased over the past decade, insight into polymorphic gene expression regulation underlying CGV is scarce. Here we investigated the transcriptional architecture of CGV in response to rapid temperature changes in the nematode kinohugditis elegans. We analyzed regulatory variation in gene expression and MACDQTL across the course of a heat stress and recovery response in a recombinant inbred population. Results we measured gene expression over three temperature treatments, i.e. control, 2. heat stress, and 3. recovery from heat stress. Compared to control, exposure to heat stress affected the transcription of 3,305 genes, whereas 942 were affected in recovering animals. These affected genes were mainly involved in metabolism and reproduction. The gene expression pattern in recovering animals resembled both the control and the heat stress. This article was authored by Basten L. Snoke, Mark G. Sturkin, Role P. J. Beavers, and others. We are article.tv, links in the description below.


For every small business, work health and safety is a key responsibility. All small business owners and operators need to ensure that work health and safety is a part of their business planning to ensure that people at work are safe. Achieving good work health and safety outcomes improves your bottom line and enables success. To help small business, Safe Work SA has developed a guide and checklist. By following just seven simple steps, you can create a positive work health and safety culture that contributes to the safety of your business. Setting up a safe workplace is step one. Well, managing work health and safety isn't difficult. It's about leadership, it's about commitment. It's also about communicating what the requirements are and then making sure that everybody actually understands that to take the responsibility and the ownership required to make it successful. We just want everybody to be safe. That leads us to step two, consulting. This enables everyone at work to understand the issues and is a key step for an improved safety culture. As a business owner, you need to consult your workers. This can be formal or informal. By writing a safety policy in consultation with our staff, it's allowed us to identify the workers' responsibilities in the workplace and help us to achieve a safe work environment. Managing hazards is the third step. By finding hazards in the workplace and identifying them, for example driving to locations, extreme weather, making sure they've got the PPE, it's the best way of managing them, letting our staff know that they're cared for, identifying them, managing it's the best way of keeping our staff safe in the workplace. The safe approach is a great starting point. Spot the hazard, what could cause injury, illness or damage. Assess the risk of each hazard you've spotted, how likely it is to result in an injury, illness or death. Fix it early. Prevention is key. Fixing or eliminating hazards is ideal and when not possible, find ways to minimise the risks. Sharing information, training and supervising your team will see you complete step four. From my perspective, when people understand the workplace and the hazards in the workplace and how to work safely, we're on the right track. I work really hard to ensure that new workers are inducted and are supervised in the workplace. Maintaining a safe workplace, step five, is achieved by regularly carrying out safety checks. Maintaining your tools and equipment. Providing easy to understand information and training people how to do their job safely. Having a reporting process for all incidents. And planning for emergencies. For step six, you'll need to keep the following records. Incidents and injuries. A register for hazardous chemicals and asbestos if they're present at your workplace. And registration documents for items of plow as well as maintenance and inspection records. Keeping records of our activities helps us to monitor our health and safety performance of the business and it also ensures that we meet our legal obligations. Having actioned these six steps. You're at number seven. Monitor, review and keep improving. The seven step process is a really great structure to start with but when you get to number seven, it's not the end of the road. If you have new employees that come and start with you, if you introduce new products or even perhaps relocate like we have. There are ongoing processes and policies that you have to review to ensure that it's a safe workplace. Whether you're a new or established business, Safe Work SA's checklist will help you see how your business rates. For more information visit safework.sa.gov.au or call the Safe Work SA Help Centre on 1300 365 255. Safe Work SA. Safe, fair, productive working lives.


Do you want to learn how to trade stocks and cryptocurrency? Join our community of traders. Go to richpicksdaily.com and find the next 10-bagger. Hi, how's everybody doing today? I am your host, Rich. Here we have Rich D.G. Live with our very special guest, the CEO of Radix, Piers Riviard. How are you doing today, Piers? Great to be here. Thank you very much for having me, Rich. Always a pleasure, excited to have you on the show. Why don't we get started, and you can give us a brief history on yourself and your team at Radix. Absolutely. So Radix has been around for a while. It got started early in the crypto space. Dan, he was the founder of Radix. He got his start in 2012 with Bitcoin. And he was like, oh my god, this is amazing technology. And then in 2013, he'd just taken it apart a bit and was like, no, this is not going to work. And so he was like, oh, you know, six months. I could probably knock something together that works better. And then seven years later, he was like, yeah, I think I've got it now. And he's such an interesting guy. Like his background is he helped build the mobile internet platform for T-Mobile in Europe. And then he also built some payment technologies that you find in near field communication payments when you do tap to pay on the card. And so crypto and networks and consensus, that was all sort of like his bread and butter before that. And then payments was something that he knew a lot about. So Bitcoin made instant sense to him. And then he was like, well, it's not going to work for seven billion people. It's not even close to being able to work for seven billion people. And like, I see this as the future. I see the promise, but it has to do better. And I met him, I don't know, 2015 at like an Ethereum meetup. And he was just this super intriguing combination of like a really northern dude with a really like strong stoke accent, kind of like the equivalent of meeting someone, like with a really strong Oklahoma accent or really strong Tennessee accent in the US. But like super intelligent, one of the best programmers I've ever met. And like this polymath who just like eats economics textbooks and consensus theory textbooks and kind of like smashes them together in his brain to make what Radix has become. And on my background, I created a Y Combinator company in 2017 that was building like Deer Room software for big insurance companies. And I was actually already building on Radix's tech stack by then, I met Dan in 2015. And then I just got more and more excited by Dan's technology. And I was like, saw this enterprise stuff. This is the future. And I can be part of it.  And I was like, absolutely sold. So he ended up acquiring my company and I became part of Radix. But since then we've built the team out. There's like now 33 of us, backgrounds include people from consensus, people from Visa, people from T-Mobile, from NVIDIA, from Texas Instruments, from NEM, from IBM, from UBS, from Microsoft. So like a pretty awesome team of like people.  And then as you start to get more clarity on what it is that you need to build and why, you start to being able to like pull in these great people and build out a team that can actually deliver, you know, what our vision is. Piers, we'd like to get off and understand an elevator pitch for the people that haven't heard of Radix. Tell us what it is and what you're trying to build. Absolutely. So Radix is a layer one protocol. So layer one is anything like Ethereum is a layer one protocol, Bitcoin is a layer one protocol, Ripple is a layer one protocol. But it's a layer one protocol built specifically to serve decentralized finance, which is why we like to say it's a layer one DeFi done right. And the reason that we say that is there are three things that Radix delivers to basically solve all of the issues that we're currently seeing in DeFi. The first is 10X developer productivity. The second is 100X DeFi security. And the third is 1000X more scalability than any other layer one protocol out there. And the reason that we need to deliver these three things is because DeFi, even though it's got product market fit and it's incredibly successful right now, we've gone from a billion dollars under management in DeFi industry 18 months ago to 120 billion dollars under management to date. That's an insane amount of growth, but it's got all of these problems. And so Radix is basically the only platform that we see out there that can solve DeFi scalability problems, DeFi buildability problems, DeFi security problems to bring decentralized finance mainstream, which is like why we say Radix is the only decentralized network where developers will be able to build quickly without the constant threat of exploits and hacks where every improvement gets rewarded and where scale will never be a bottleneck. Wow, that's impressive. Now, I love DeFi. Here at Rich TV Live, we love decentralized finance. We've actually been interviewing a couple public companies that are in the DeFi space. And I love the idea that DeFi is going to compete against the banking system because they're providing bigger returns on investment than the average bank. I think it's brilliant. I think it's the future of finance. I love the fact that you guys are in the DeFi space. Now, in saying that, you mentioned it a little bit. There are many different projects which I talked about that offer solutions to the problem of DeFi. So what makes Radix better? That's a great question. So the thing is, is that while the crypto space sometimes feels like it moves really quickly, it actually doesn't. Because what everyone is doing, like if you heard the expression less haste, more speed. Yes. Right? Where if you stop and just think about something for five minutes and then be smarter about it, you can end up having a 10x, 100x improvement than just like shoveling dirt. You go and get a tractor, that kind of thing, right? And that's kind of what the crypto space constantly does because there's this like immense pressure to just build the liver, build the liver, build the liver, build the liver, build the liver, build the liver. And as quickly as possible, which means that a lot of the stuff on top churns very quickly, but everything else stays like really constant. Public private key security is still a problem and still sucks for the most part. User experience of DeFi, even though Metamask has been around for a very long time, still sucks for the most part. And scalability is still an issue. It's been an issue for like since crypto kitties. I mean, it was an issue for Bitcoin. That's why Bitcoin cash exists is because scalability is an issue. We've been thinking about this for more than like almost a decade now, right? And it's still an issue. So what makes Radix difference is this 10x developer productivity is we looked at Solidity and we thought about it for a bit. So Solidity is the language that you use to program DeFi today. And it was developed by Ethereum. And basically every other major project out there, every other layer one has just taken Solidity and gone, yeah, yeah, we'll run with that. We'll run with that, we'll use that. But if you go to the traditional space, now Solidity is based on JavaScript, right? Which is a programming language, very popular programming language for web. And if you went to any like Neo Bank, like the Monzos, the N26s, the Revolutes, I don't know what you guys have in Canada, but I'm sure you guys got some startup banks out in Canada as well. Yes. And you said to the CTO of those banks, you said, hey, I want you to build your core technology in JavaScript. They would literally beat you to death with a baseball bat. It is the worst language you could possibly imagine to build critical financial systems, like literally the worst. And that is what we're doing in DeFi. And so with Radix, we just went, that is insane. Let's think about this a bit more and go, if we want DeFi to be the future of finance, if we want the world to have a safe place in which their money lives and grows, then shouldn't we start with a language that means that you aren't going to constantly get hacks and bugs and exploits and money's gonna disappear, right? Which is what we have, right? We have $600 million that just went puff two days ago with the Polygon hack. Before that, there was $285 million of DeFi hacks. And so we created a language called Scripto, which will be released later this year, comes out at the end of the year. And instead, and we started by just going and interviewing all of the leading DeFi projects and all of the leading DeFi developers and going, hey, tell us all of the ways in which Solidity sucks. And let's see how we can think about building this programming language better. Now, the thing that was insane when we went and spoke to these Solidity developers is that the average Solidity developer spends 90, 90% of his time securing his code. And 10% of it building functionality. Now, imagine what could have happened in the DeFi space if those numbers were flipped, right? Imagine how much more innovation, how much more products, how much more interesting stuff, how much more closer we would be to eating the world of traditional finance with just that one change. So we went, that's a 10x. We're gonna do that. We're gonna make a language specifically for decentralized finance that doesn't make people who understand how to build finance go, there is no way I'm coming into this industry and building on that language, absolutely no way. Like, are you mad, right? And then the next level beyond that, we were like the execution machine. And this is a bit technical, but like everything that runs on top of a ledger runs in an execution machine. It's like the virtual machines run all of this code, right? And that's how the computers come to agreement as to whether or not your Uniswap transaction has gone through. And Ethereum, again, built the EVM, the Ethereum virtual machine. And again, everyone is adopting that. Polkadot's adopted it. Avalanche has adopted it. Hashgraph has adopted it, right?  It's so bad for purpose because what it is, is it's not designed for critical systems. Like, if you go to NASDAQ, the NASDAQ Stock Exchange, or you go to the London Stock Exchange and you go, let me see your matching engine. They wouldn't go, here's a Turing complete environment for execution. They would go, here's a finite state machine. And like, again, really technical, but massive difference in execution security. And so we completely pulled out the Ethereum virtual machine and went, let's put a much more secure execution environment in that gives 100x more security. 100x more security in just swapping out how functions are executed on top of ledger. So you don't get bugs. You don't get recursions. And you don't end up in these situations because most of these hacks are caused by working out how to push the code into an error state and then taking advantage of that error state. And by going to the Radix engine, you just get rid of like 99% of those things, right? So there's your 100x, right? Wow. Now you mentioned before that Ethereum can't scale. Can you break that down a bit? Yeah, so if anyone's used Ethereum, they know how expensive it is, right? The gas fees. Yeah, the gas fees. Yes. So you go to Uniswap. You're like, hey, man, that looks like a great pool. I want to put some tokens in there and get that yield. Oh, it's a $200 gas fee. And if you're putting in 1,000 bucks, what are you got? You've got 800 bucks afterwards. You've got to make 20% just to make back your gas fees and then you've got to pay $200 to get it out again. And the reason it costs so much is because Ethereum is basically running an auction system. And you are competing against other people who want to be in those blocks and there's a limited amount of space to get your transactions in. So you are bidding, essentially a bidding war in every single block, which when there isn't enough capacity, when there isn't enough throughput on the network, Ethereum can do 15 transactions per second. 15 transactions per second. And when there isn't enough capacity, then everyone has a bidding war and then it becomes incredibly expensive. So it's not the miners that are making it expensive, it's everyone's desire to use these systems making it expensive. And so there are several approaches to this. One approach is to build Layer 2, but Polygon is a Layer 2 and it just had a $600 million hack. Like Layer 2s are not as secure, they're as secure as the code that implements them, not as secure as the underlying Ledger. And they're not really that much more scalable, like they're a bit more scalable. So 15 transactions per second on Ethereum, Polygon I think did like 2,000 transactions per second. But if we're gonna eat finance, the financial world right now does about 2 million transactions per second, right? So you're taking all the stock markets, you're taking all of the money exchanges, you're taking all of the money payments that are happening. 2 million transactions per second, give or take, right? And then DeFi, what DeFi does is this incredible thing that it like allows decentralized finance applications to be composed together, right? So I can take my, I can go from UniSwap to SushiSwap from SushiSwap to Aave from Aave to Compound and I can do it all inside a single block. And so actually it's like when people are like, oh, isn't DeFi like DeFi just needs to do 2 million transactions per second, you're like, no, that's the wrong comparison because that's like going, well, the internet only needs to deal with the bandwidth of the phone network that came before it. Like when you're sitting at the start of the internet you're going, how much bandwidth does the internet need? And you go, well, we make this many phone calls. So maybe that's how much bandwidth it is. It's just like, no, it's a paradigm shift. One transaction on traditional finance is now 10, 100 different operations on top of DeFi, right? So if we take, if we eat traditional finance that's like 20 million transactions per second, 100 million transactions per second that needs to do. And then add to that the fact that traditional finance only services like 15% of the world's population. And with DeFi we make it more accessible to everyone. You start to see what kind of throughput we need. So if you go, oh, well, you know, Solana is enough with 65,000 transactions per second or a hash graph or Algorand or Avalanche or Nia and just it's not even in the right ballpark. Not even close to playing the right game that is necessary to scale DeFi to mainstream. So Ethereum is stuck and doesn't scale and that's what the problem is. And Radix takes a completely radical approach to scaling decentralized finance which is why we're able to get to eventually, you know, 20 million transactions per second, 100 million transactions per second that will happen in time. Wow, that's impressive. Can you go into how the blueprint component catalog will work? Sure. So the blueprint component catalog. Again, this is like, if you're a developer, you'll be like, yeah, this is awesome. And then if you're not a developer, you're like, what? So in the developer world, there's this really important tool called GitHub. Yes, there's familiar with GitHub. Cool. So like GitHub is where so much of the coordination collaboration that happens in software development. Like software isn't really, most software development isn't really starting from scratch, open new files, start coding and then the project appears. Most software development is hanging out on Stack Overflow and on GitHub and then finding the libraries that you need to be able to stitch together the functionality like, okay, I need this particular function to do this particular thing. Let's say it's like parsing a database. Oh, okay, I'll go get that library that someone's already built on GitHub and I'll integrate it into my application. So I don't have to write it myself. There's no point in like, why would you do the insane thing of continually rewriting? It's like if you wanted to build a printer and decided that you were also gonna build all the computer chips inside it, you don't do that. So in code, very, very, very common for developers to go and use a hell of a lot of code, the libraries by other people and then stitch it together to create their own applications. On Radix, the blueprint catalog is just extending this idea of what already happens with developers we were like, on Radix, what you do is you instantiate the library for creating something and then you call it. So what I mean by that is on Ethereum, if you want to create a token on Ethereum, you don't go to the Ethereum network and say, give me a token. What you do is you take the ERC-20 contract which is a full computer program that defines what a token is and then you get the Ethereum ledger to run that full computer program. So every single Ethereum token has its own separate computer program running separately that defines their own token which we're like, that's insane, why would you do that? Instead, what you do on Radix is you define what a token means to the ledger and then if I want to create the peers token, I just call that definition, I go, hey, create, give me a peers token, five of them, single issuance, divisible by 10, 10 decimal places. And so it just calling the definition just gives you the token. And so this on-ledger GitHub library, it allows developers to basically push standards to the ledger and then people to call them. So if someone could create the Uniswap, the constant function market maker standard, right? And I could instantiate Peerswap and you could instantiate Richswap, right? And you do that single API call, but then you can also make that as components. So you'd be like, right, I need this component from that guy, I need this component from that guy, that component from that guy, I sit together and I've created Peerswap farming or something like that, together has made this new application as a result of being able to stitch together these little bits of code. And then we were like, wow, that's great, but what if you could also make royalties come from that? So that every time someone used one of your components, if you're a developer and you're like, man, I'm great at coding, but do not want to deal with customers, you can sit down, you can build a great component, you can put it on the ledger and if someone integrates it in their DeFi application and makes a load of money, you get a royalty from that. And we bake that right into the center of Radix so that everyone in the community can get rewarded for participating and contributing to the ledger. That's brilliant. And that's what people need, they need incentive to wanna put in their hard work and time and effort. So I think that's a brilliant idea. Now you touched a little bit on some recent DeFi hacks. How does Radix prevent that kind of hacks from happening? Yeah, so like each hack is unique, is a unique baby that ends up being spawn of Satan to someone. So each hack is normally, there's several like very common mistakes you can make. A recursion error is a really common one, which essentially allows you to make a call that iterates a call where you end up being able to siphon off funds. It's like it goes back to the Dow hack in 2015, that was caused by a recursion error.  Like every mistake you can think of has been made, but they all end up in some variation of a hacker being able to withdraw funds that you shouldn't be able to in a system. And the combination of scripto, a programming language designed specifically for decentralized finance development. And then this thing that scripto does, which is doesn't even compile if a lot of the common mistakes you can make in code are there, it won't even get into a position locally that you could push it onto the ledger. So it doesn't stop you, you can think of it like guard rails for developers. It's not going to actually prevent you from building whatever you want. But if you've made a actual internal error, it's not gonna stop you doing any functionality you want, but any specific internal error where it's like this just shouldn't ever compile because there's an error between here and here, then you can't compile it, you can't push it onto the ledger, which is really, really useful for developers. So that's one way in which a lot of these hacks are stopped because things like recursion errors are caught even before it can be pushed onto the ledger. And then the second way it comes down to the radix engine, which is on radix, everything compiles into a finite state machine, a set of finite state machines. And what a finite state machine is is a little bit like, it's a little bit like Pokemon, right? So Pokemon, you start off with Squirtle, right? And when Squirtle's awake, he can either evolve or he can go into a fight. But if he's in a fight, he can't evolve. And if he's in a fight, he can either faint or he can not faint, he can win, right? And then when he comes out the fight fainted, then he can't evolve, right? And then once he comes out of being in his faint, he comes back awake, he can then evolve, but only on the condition that certain things are met. And then he's now the next one. I can't remember what the middle one is, and then that goes on to Watertel. Now, in a finite state machine, you declare the states of the system. You say it can only be in these five states and it can only transition between these states on these conditions. And this is different from how Ethereum code is declared, which is just if then statements. And so if you go, if this happens, then do that. It's much easier to get into error states. And that is essentially how the Radix engine stops execution secure, increases execution security and avoids a lot of these problems as well. As a developer, I know you touched on this. Why would I come and build on Radix versus Ethereum? Because it seems like most of the DeFi ecosystem is on the Ethereum. Yes, great question. So if you're someone who already understands the Ethereum network and already understands solidity and you've built up that uvra of knowledge, that base of knowledge over four years, over five years of making mistakes, getting hacked, like, and learning all of the foibles of solidity, yeah, we're not for you. Like you've built a skill set that's incredibly valuable for you in Ethereum, right? But if you're a developer who is super excited about decentralized finance, knows a lot about it, but is looking at solidity and going, that's absolutely terrifying. There is no way I want to build in that because I might get hacked, right? Because a lot might lose other people's money, which a lot of people, that's an internal worry for getting into DeFi.  If you don't think about this as an investor, right? But like the developer who loses your money, like if they're a good person, think what they're going through at the point that that happens. Like it must be the worst day of their life, right? Absolutely. And then there's this other set of developers who are fantastic enterprise developers and get paid huge amounts of money and are looking at this explosion of opportunity in DeFi and going, man, I love that, that looks great. I'm a finance, I'm a 10-year, 20-year experience finance developer and there's all of this incredible, exciting stuff happening in finance. And then they go and look at Solidity and the Solidity docs and they go, no way. There is no way I'm going to build using this code, this language. So I see our opportunity as being both of those places, like giving the people who are terrified by Solidity and that they might get hacked the opportunity to build their dream application and giving this massive, you know, we think that the DeFi, Solidity developer community is tiny in comparison to the enterprise, to the finance, to the just wider developer community. And for this to go mainstream, we have to make the tools accessible to the mainstream developers, otherwise you won't get mainstream applications. So we're not looking at the Ethereum community and going, we have to get all of these developers. We're looking at the world and going, how do we bring the world to DeFi? Fantastic. Now, Piers, I have seen you mentioned good-fi. Can you tell why Radix founded it? It's ought to see competitors working together in such a way. Yeah, it's a great question. So in the early days of the internet, it was really difficult to get people online. Like people forget this, but like, man, it was complicated because the first thing you had to do was convince someone to get a computer because not everyone had computers. It's like, all right, that's a $2,000 investment because computers are expensive. And like explaining to someone why they would want a computer who has no computers in their life is a really difficult thing. Because it's so much opportunity, but so difficult to explain to them why it's a good thing, just like practically speaking to have, right? And then the next thing you need to do is convince them to connect to the internet. And connecting to the internet involves giving up your phone line or paying double or triple what you're already paying for your phone line, getting an engineer out to drill into your house to like, install extra, it was like, involved to get the internet because you had to, and you had to pay. There was a cost. People, I don't know, in Canada maybe you pay a connection cost, but like in a lot of countries you don't pay a connection cost anymore. Just included in your package, but like used to be like two, three hundred dollars, two, three hundred bucks to pay someone to drill a hole in my wall and connect me to the internet, right? And then once they had these two things, they know how to use this new thing called a web browser. And it just required so much education and so much patience and so much like people just being like, no, like there is light at the end of the tunnel. It's painful now, but at the end of it, I promise you this is something incredible and new that you will love and it will become an integral part of your life. And there was these small numbers of people who were incredibly passionate about the promise of the internet and they brought it to them assets through their passion and through their patience, right? DeFi is the same, right? Like trying to get like convincing someone to buy crypto. To get into DeFi, you need crypto. Getting crypto is still a ball egg, right? Getting an exchange account. Go like working out how to link your bank, getting a payment across, getting the crypto. Then getting the crypto into a Web3 wallet.  Like MetaMask and the insanity of the user experience that is MetaMask.  What do you do? You go to DeFi Lama and choose which one you want. Like every single way in which every single DeFi project explains themselves is explaining themselves to the DeFi audience. Not to the everyday person and every single one is impenetrable. Like a decentralized permissionless liquidity pool that allows you to add collateral to be able to collateralize your position and borrow a lend against it. Like what the hell does that mean for the everyday person?  They'll be like, I understood one to two words in that sentence. And so we created DeFi because we believe that it is necessary to evangelize and educate, to bring DeFi to the masses, to get us to the point where there are 100 million users. So the role of DeFi, it's a not-for-profit founded to get 100 million users to put $1 into DeFi by 2025. And we believe that that is a simple mission that anyone can understand. And the reason it's a dollar and not like a percentage of your income is because you've got to break the problem down. And the first problem is just getting people past the pain of getting to the point that they can get money into DeFi in the first place. Once you're there, the world is your oyster. Now you've got single sign on finance, but you've got to get people there. So we've got SushiSwap and Avalanche and Chainlink and a bunch more people that we're going to be announcing, M-stable. We've got like 30 members already and then like a bunch more that we haven't announced yet that are coming in. And you're right, there's some competitors there, right? Radix and Avalanche are competitors. But like this isn't about, it's not about arguing about who wins the market that exists already. It's about increasing the total addressable market in the first place. And like just give people the safe starting point into DeFi. And that's what GoodFi is. That's what the goodfi.com website is for.  Isn't that like, here's USDC and Ethereum pool on Uniswap. And it's a reasonable pool, like get involved. Like you, and like here's an explanation of what USDC and Ethereum is. And explain in a way that doesn't use jargon. Like that's what is necessary to start bringing in the non-crypto native people. And that's why we founded DeFi, GoodFi. I love what you're doing, because it's very similar to what I'm doing here at Rich TV Live. People feel the same way about stocks. Imagine how they feel about crypto. So if people are scared of stocks and it's so easy to go and set up an account to buy and sell stocks, imagine how overwhelmingly they are with crypto. Now we add DeFi to the mix. So I totally get what you're saying. Simplifying it is going to make it easier for the masses to get in. I love what you guys are doing. I love your vision. What are the next steps for Radix as the CEO, Pierce? As the CEO. So it's a funny question because the CEO's job is like one of like almost like traffic management and evangelism and like fire putting out. So the next steps for me is hopefully building an amazing team that can sort of deliver this vision. But the next steps for Radix, we have a really ambitious roadmap like to bring out like 10X developer productivity, 100X, DeFi security, 1000X scalability, like those are not small goals and we're not releasing them all at once. We are, we have just done our main net release called Olympia and this is like, think about just all of the things that we're doing. We're changing the scripting of the programming language. We're changing the execution environment. We're changing the consensus. We're changing basically everything about what it means to be a decentralized ledger technology. And so we're releasing these in stages. So Olympia has just gone live that doesn't have decentralized finance on it. It's literally just a network to prove out our security, to prove our execution environment, to prove out our transaction model. The next thing that comes along at the end of this year, Alexandria is going to be our programming language script. That's going to be released in a sandbox environment so that developers can start playing around with it and we can start getting feedback on it. Like one of the things that Ethereum did wrong is they didn't spend time getting feedback on Solidity. Well, they jammed it straight into Ethereum because they were desperate to get it out quickly. And it's now got all of these problems. And so we were like, well, let's just give it a bit of time to for people to play around it, give us feedback, make sure that we're doing it right, like do the proper product development thing. And then that gets integrated in Babylon next year. So that's when DeFi goes live on Radix. It's also when our royalties programs go live on Radix. And then the year after that is when Sheehan goes live. And Sheehan is when our fully sharded, fully linearly scalable network goes live. And the reason we're doing it in this order is because it's in the order that matters. You focus on developer usability first, then you focus on ecosystem and royalties and DeFi and then you focus on scalability because even though I'd like to say, hey, Radix is going to be doing 10 million transactions a second from day one, it's not. It's not because that's not what true adoption looks like. Adoption is an exponent which looks little at the start and then suddenly goes really big. And so we don't need to deliver massive scalability. I mean, we're already like three and a half times more scalable than Ethereum. We're just going to keep going up from there. But we don't need to deliver massive scalability at the start and massive scalability is the really complicated bit. So we have a roadmap, we have proofs around, academic proofs around how we achieve all of these things. But we're building in the order that makes sense for building the best possible solution for the market. And so that's what the next two, three years look like for us. That's exciting. It's going to be an exciting couple of years. Now you mentioned the Olympia mainnet has just gone live. I saw from your social media that 440 million XRD has been staked to the network, which is very impressive. Can you talk a little bit about that? 440 million XRD, yeah. It's astounding. I'm like, I'm so blown away and so thankful to the Radix community and everyone who's done that. So the XRD or the Radix token ticker symbol XRD, that is the native token of the Radix network. If you have some on your wallet or you can pick any node to stake in the network and you can stake against that node, single click, super easy. And 440 million RADs have already been staked, which equates to about $65 million worth of network security that has come across basically in the last 72 hours. That's impressive. Yeah, yeah. So congratulations. Yeah. So as the CEO, this has got to be pretty exciting. Obviously we've talked almost for an hour about this and I'm super excited about DeFi. Thank you for joining us today. Piers Riddier, the CEO of Radix. Anything else you want to say to the audience and the viewers that are watching today before we say goodbye, Piers? Just massive thank you to you for hosting me. It's been great being on here. And if you want to learn more about Radix, go to radixdlt.com, R-A-D-I-X, D-L-T.com. We've also on Twitter, at Radix D-L-T, and we're also on Telegram where lots of people hang out. If you want to find any of those links, go to our website and come join the community because it is one of the best ones in crypto in my humble opinion. Thank you so much for joining us today. This has been an incredible interview where I've personally learned so much about Radix and about DeFi and I'm a very big fan of decentralized finance. And for those of you guys that are watching at home, if you like the video, please smash the like button, comment down below, share the video everywhere and subscribe. Remember, Rich TV Live, we are strictly for information education purposes. So please do your due diligence, do your research before you invest in anything that we talk about or discuss here in Rich TV Live. In saying it, I love the project. I love decentralized finance. Big fan of Radix. I'm going to be telling our entire community about this project and getting as many people learning and getting involved as humanly possible. Thank you for your time today. Piers Ridgird, the CEO of Radix. Thank you for explaining the project and keep up the great work. Thank you very much, man. Thank you for having us. Thank you for being here and thank you guys for watching. If you're not winning, you're not watching. We bring you the winners and we bring them to you first. This is Rich from Rich TV Live. Have a nice day everybody. We'll talk to you soon.


Hi everybody, Joe for JasperJasperysCaseRace.com, our last filler pack, that mosaic basketball hobby edition. The last one we got to do to unlock that one and one basketball break, two dice rolls, so one for the break, second one for the giveaway, and the one and one break will be in a separate video. Big thanks to this group here for getting in on the action. I appreciate it. Thanks for taking the chance. All teams are in, so let's do the break first. Roll it, randomize it. Two and a three. Five times, names and teams. One. Two. Three. Four. And five. Two and a three. Five times for the teams. One. Two. Three. Four. And five. All right. There's the first half of the list right there, and there's the second half of the list right over here. No trade windows in these things. Let's print and rip. So that's the fresh case right there. We'll do that in the next video, a separate video. Let's see what we got in here. Jay Sean Tate, Doug McDermott to 25, introductions, Lamello Ball and Anizac Acoro. Not that bad. Lamello Ball, introductions, insert, going to Edward, and Charlotte, Doug McDermott, Pacers to 25, that'll be for Eric K. And Jay Sean Tate, NBA debut, I feel like he's been having a really nice season thus far. All right. Not bad. Now, let's re-randomize. Let's go back to the list. Let's re-randomize that list. Let's see who's going to win the final five one-on-one spots. Each one-on-one spot, 200 and what, 60, 250, $260? All right. Good luck. Let's roll it. Randomize it. Snake eyes. Just two times. Top five after two. Good luck. One and two. So from six on down, sad times. No one-on-one spots for you, but I appreciate you giving it a shot. We do have that second half available if you want to get a spot straight up for next time. Top five. You're happy because you're in the next break. The one-on-one, Robert, Edward, Matthew, Fred, and Robert. Congrats. Robert with two out of the three spots. Congrats to you. Thanks, everybody. We'll see you in the next video for the break. Bye-bye.


Charles Darwin told us the basic law of evolution. Individuals that convert resources into offspring better will dominate the next generation with their copies. The product of that kind of evolution are individuals that maximally exploit resources with no respect to anything. So ruthless exploiters will evolve. After population density has increased competition becomes inevitable and now individuals that maximize exploitation of resources under competition will produce most offspring and therefore ruthless competitors will evolve. Now if such ruthless exploiters that have evolved have access to technology they will over exploit resources. Garrett Hardin coined the term the tragedy of the Cummins. This is a really apocalyptic vision. Whenever people have free access to a public resource the resource will be overused and collapse. Many examples proved Hardin right from overfishing to destroying the global climate by a ruthless overuse of fossil energy. Now the public good game tests such situations experimentally. You ask each player of the game to provide one euro anonymously. Here three did and you double the three euros and redistribute the money to all of them which means the single defector has the highest game so not contributing to the public good pays off. Here you see an example of such a game. Here are groups of six students each playing eight rounds of a game and you see initial cooperation collapses quickly. However if this game is interacting with another game for which you need reputation you might enhance your contributions to the public good just to increase your reputation. Now what can this other game be? Give and you shall receive is the message of indirect reciprocity. A observes that B helps C and A helps B. A helps B because B has built a reputation for helping. Does that work? We studied with 80 Swiss students who were asked to give from their own money to a student of whom they knew only the history of giving and refusing help. And as you can see only those receivers received money that had a positive reputation gained in this game. Those was a negative didn't get anything. Here we continue now we have again groups of six students each now playing alternating games of indirect reciprocity and public goods, solid blue circles. And you see now in this interacting situation the contributions to the public good are at a high level until we told them that from now on there will be only rounds of the public goods game and as you have seen contributions collapsed rapidly. Which means the pending risk of having a higher reputation drove them to contribute to the public good. So they feel to be watched and this had been tested in a nice study by Melissa Bateson. He studied students that are taking tea with milk from a cafeteria machine and above the machine there were slides, there were pictures either for flowers or for faces watching alternating between weeks and as you might have seen people gave money in a honesty box at a higher rate and higher amounts and they felt observed. But the point is these eyes were ink on paper so decisions were unconscious. Now this might show that reputation might drive people to contribute and here we tested if the reputation is at stake whether 150 students were willing to invest into the global climate and we alternated rounds of the climate public goods game in which the money invested goes to rescuing the climate was indirect reciprocity rounds and we had alternating public and anonymous rounds and as you might have seen and recognized from the previous figure in those games in which the decisions were public they invested a lot more than in situations when they were anonymous. So reputations obviously matters and the previous slide which you might also remember showed a situation of our ancestors who tried to rescue a public good for their society and these investments were risky and the investments were public and I guess that those which stayed away were socially punished later on. So I think and this is my message that humans have evolved to guard their reputation and to pay attention to other reputation and my theme is and this is my point for the discussion group that I regard reputation as a universal currency for social interactions and I would like to have discussed whether what we found out about reputation of individuals that they really count in social interactions whether this is also true for higher units so how can reputation facilitate cooperation also among larger units groups or even states if you have ideas on that I would be glad. Thank you.


Hey everybody, welcome back to Magic Orthodoxy, my name is David and this is a Magic Review. Hey, today we're going to look at Bear from the Other Brothers and Vanishing Incorporated. What is it? Basically, it's a utility that allows you to put a prediction directly onto your spectator's skin that you would reveal later in the classic ash routine. You want to see the trailer? This is it.  Once your spectator has been stamped, you can reveal it by sprinkling anything on their hands like pepper, sugar, salt, ash, dirt, anything like that. And then the best part is you end clean. Your spectator can wipe that off and there's no residue to be found. Bear is very simple to do, comes ready to perform right out of the box and the best part? Every pen was made by these bare hands. You can use it as a force or use it real time and what's great is this pen will last you for years. All right, so that was Bear. That was the other brothers. If you've watched my channel for any amount of time, you know, I'm a big fan of the other brothers. I've done a lot of their trick reviews in the past. What is this? What is Bear? What are you going to get?  It's basically a sharpie marker that's been redone, reformed so that you can transfer this special material and you're going to get the download code to the video. The video is 35 minutes long. Is it what I thought? Yeah, it's what I thought because they pretty much spell it all out in the ad copy and they even show you that it's a sharpie marker, a modified sharpie marker. So yes, it's exactly what I thought. How are the angles? The angles are, it's all pre-show work. So really the spectator might never see the pen unless you're doing it on the fly. You could do it on the fly, but I would probably recommend that you do this as a pre-show work where you're forcing something. Okay, you're going to set up force. Another towel you do the ash effect when it's on your own skin as well. Okay, so they shouldn't see any of the pre-show work, shouldn't see any of the set up. So you shouldn't have any angles there. The only other angle would be in how you transfer it to their skin, but there's tons of easy ways around that. Can it be inspected? Well, of course, absolutely it can be inspected. And I think the spectator can even wipe the ash off their own skin. They're not going to feel anything or see anything. If you put it on with ash or pepper or some sort of dark, grainy substance, all they're going to feel is the pepper. They're just going to feel the ash. They're not going to feel anything else. And there won't be any residue left over either. What's the overall quality and production value of the video? Mostly it's the other brothers, the two of them, they're sitting on a couch, okay? And they're just kind of in a living room, and they're both talking to a stationary camera. I don't believe they're miked, and they're not a lot of bells and whistles to this. It's pretty much just a standard, straightforward shot. And you know what? The other brothers are just fun to watch. They're just fun teachers, and I enjoy just watching them. And so I think it's a great video. All right. So what's taught? Really, they're just going to go over the effect. It's just a single effect, and they're going to go into some ins and outs like how you could do this on the fly if you had to, best ways of transferring the material, best ways of writing your predictions, best materials to use when making a prediction. Okay. They're going to cover all of that. In five minutes, they're pretty much going to cover all the ground. And so I think it's great teaching. All right. So is it well made? The pen will last you for hundreds of performances, provided you take care of it, of course. And it's all disguised within an authentic looking sharpie marker. That said, refills, you're just going to buy the trick again. So how much practice does this require? It's super easy. There's no difficult slights. There's no difficult moves. The only thing you're really going to do is practice how you write your predictions. Okay. There's a secret to how you write them. You practice that, but really there's no good way to practice this without doing it. You know, you're going to have to do it every time you practice. So you'll either learn through your performances or you'll probably practice on a friend. How much setup and reset is there? Like I said, it's all advanced. It's all stuff you're doing off camera, off stage. So you're doing all of that and then going into your effect. Probably want to do this first, probably want to use this as an opener since you want to make sure that you can transfer the material and then go on from there without having to worry about it. Positives. All right. It's one of the positives to bear. The other brothers have taken this classic effect and given it a wonderfully fun facelift. If you perform the ashes routine in your act, you're going to want this upgrade. Is it worth your money? That's $35. $35. You're getting the single pen and you're getting the 35 minute video. So it's a dollar a minute really and you're getting the gimmick. And like I said earlier, the gimmick is going to last you through hundreds of performances. I don't think it's outside of the price range. You might think, well, $35 for a pen, yeah, but the pen is just the utility. The magic is all going to come from you. Okay. And the other brothers will certainly give you some fun, creative routines to go along with it. Who would like this? I think people who do street magic. This definitely plays. You've seen David Blaine do the same trick, but he's done it on himself. Now you can do it on your spectator. So you know, level bar here now here. So awesome. People that do restaurant magic might like this too. It's going to depend on your lighting, of course, but I mean, if you're going to do this routine with pepper, restaurant magic is great because you've got pepper everywhere. Right? So I think this totally plays for restaurant magic or dinner corporate walk around. All right. So here's my review for bear from the other brothers and vanishing incorporated. I want to thank Murphy's magic supplies for allowing me to have this trick so I could do the review for you. And if you'd like to purchase this for yourself, you can find it from one of your very favorite Murphy's magic dealers. Thanks. Bye.


To set the stage for the 1950s, Jonas Sock developed the polio vaccine. The U.S. Supreme Court ruled in the landmark civil rights case Brown v. Board of Education that separate public schools for black and white students was unconstitutional, and Disneyland opened in California. In 1955, the United Nations Scientific Committee on the Effects of Atomic Radiation, or UNSCARE, was established. Also, the Russell-Einstein Manifesto was issued in London, including the signatures of the late Albert Einstein and other prominent scientists which drew attention to the world political leaders to the dangers posed by nuclear weapons. Peaceful uses of the atom continued as shipping port atomic power station opened on the Ohio River in Beaver County, Pennsylvania, USA. Shipping port was the world's first full-scale atomic electric power plant, devoted exclusively to peacetime uses. It remained in operation until 1982. By 1959, Hawaii and Alaska joined the Union. President Eisenhower established the Federal Radiation Council to provide radiation protection guidance to federal agencies and issue radiation protection guides for workers in the public. The first guide limited radiation exposure for the public at a whole-body dose of 500 milli-rem per year over 30 years. ICRP Publication 2 introduced the first set of Occupational Exposure Limit Recommendations that would become the basis for the first set of complete radiation protection regulations in the country, named 10 CFR Part 20.