To the days out, world markets where you're seeing most European and US and Asian markets really feel under pressure again, led by China dropping 3,000 points this morning, which has just dragged everything else down with it. And last night, we actually had quite a late rally where we saw some decent gains. Oil managed to get back up at one point, the Dow was up 300 points, and it still managed to retain about a 200 point advantage heading into the close, but then pretty much as the Asian session started, it slowly began to move lower and towards the end of its close, as I'm recording this video, the Chinese stock market is down 3,000 points or about 3.5%. And that's the Shanghai Composite Index. In the background there as well, there is kind of rumors coming out of Reuters right now that Saudi Arabia, a lot of their major investment vehicles are looking to get out of fixed income and buy into stocks because the way they're pitching it is the valuations are incredibly attractive. Another big rumor there is that one of the biggest investment funds in Saudi Arabia are talking about actually getting out of energy stocks. And that would obviously be causing a little bit of pain since energy stocks are currently at an all-time low, but they're certainly benefiting from, not benefiting, but they're certainly coming off a fair amount from that negativity from the sell-off and the crude markets there as well. Very interesting time for Saudi to also consider listing their biggest state-owned oil company as well for this absolutely huge trillion-dollar listing. The markets are perhaps, it doesn't feel like a good time for me to be listing all these stocks with all this type of volatility, but a lot of eyes on Saudi Arabia to decide what they're going to do next and why they're looking to do that. They're listing their biggest state-owned oil company. They're talking about raising about $100 billion. So they wouldn't list the whole thing, but that should be enough to keep their welfare state going for another two years, especially with oil prices the way that they are. So there's a lot of political implications of what's happening with Saudi and their investments in other parts of the world, and that's causing a little bit of volatility elsewhere. So you have the general theme of China. What happens in China is basically impacting everywhere else.  What exactly are they going to do next? And are they doing it for the right reasons? So that's some of the common themes that you're going to be seeing when we look at some of the charts there today. So without further ado, let's go ahead and have a look at the US-30. So as ever, what you can see there, you had that big rebound. And you've kind of almost got kind of dark cloud cover forming there just now on the candles. 87% of CMC market clients are currently shorn. We are in the middle of two ranges. The technicals are relatively neutral. Well, the slow statistic is just about to go into oversold territory. And the RSI is already oversold, but hasn't yet broken back through that level to provide that reversal signal. And the tips of these candles here, here, and here is kind of showing that there is selling interest. Each time it tries to rally higher, it just gets pushed right back down. So then moving on to the UK100. A similar picture, really strong candle yesterday. These commodity markets managed to rally that little bit stronger yesterday. But that's obviously not been the case so far this morning with copper and crude. And, well, Google's actually going up to save haven. But copper and crude are certainly coming off. And we've already had this negative candle forming. The yesterday's candle was so strong, however. But just look at all these candles. As soon as you get close to 6,000, they're selling interest. But interestingly, 73% of CMC market clients are currently long. So I'm moving quickly on to Japan 225, bearish engulfing pattern. 88% of CMC market clients are short. If we close below this, the next potential support is 1644-0. And that's also a double whammy. An equity sell-off plus dollar yen, or the yen is gaining momentum. You can see that the RSI and the slow stochastic are oversold, but there's not yet any reversal signal. Let's see how this ends up later on today. Looking at dollar yen, you can see we do have a bearish engulfing pattern currently. We've got to get below the tip of this candle right here to be quite negative. 116.80 is the next potential support. 52% of CMC clients are currently short. A lot of indecision by CMC clients as to where this is going next.  Moving on to Crude Oil West Texas is getting smashed again, bearish engulfing pattern. What we are seeing just now is further weakness getting quite close to $30 again. It's $30.13. The other technicals are relatively neutral, apart from the RSI, it's been oversold for well. 77% of CMC market clients are currently short on this just now, are currently long. They're obviously hoping to buy on weakness, hoping it's going to rebound. Obviously, you had a strong rebound yesterday, but that weakness has returned as a sell-off and China continuing through. Then having a look at gold, gold should be getting a little more shot in the arm, shot in the arm I think, because you've got a less chance of interest rates being, having so many interest rate hikes in the US this year, compounded by the fact that gold's supposed to be a safe haven asset. Now, we've had a lot of negative negativity in gold. It's not like we're seeing exceptional US dollar strength either, but gold has kind of seemed to catch a break. So it seems to be the Japanese yen as a flavor of the day, if you're looking for a safe haven. 58% of CMC markets clients are currently short. We've almost got a negative crossover on the MACD, whereas the RSI and the slow stochastic are not yielding much in the way of excitement. Looking at Eurodollar, it's still trading within this potential descending triangle range. We obviously had a spike higher in the Euro towards the end of the session, then it sold off. Now we're pretty much back where we started. One spot is 0820, it's the level to look at. CMC markets clients currently 84% short. They're obviously hoping for a little bit more of a sell-off. And we've finished up with GBPUSD. Well, it's just not really living the dream right now. 84%, CMC markets clients think this is gonna go lower. They've been short for such a long time. So this has been a very interesting FX pair to be involved in. Obviously the sell-off's been very aggressive. We're in the middle of two ranges right now. One spot 4230 is the next potential support. Bank of England yielded no surprises. 0821 voting on interest rates, obviously, and a relatively dovish stance. Though maybe not as dovish as some people might have expected and that gives you a bit of a flavor of what to expect there. If we quickly finish up with the market calendar, we do have three pieces of US macro data today that you should all be aware of. US retail sales expected to come in zero. That's pretty anemic. Industrial production minus 0.2. And also the consumer sentiment. The University of Michigan data is not as important as 0.2 to be fair. I think most traders are, if they come in as expected, that's still pretty rubbish. Showing that there's not really massive gains to be had, but that is obviously coming just straight after Christmas time. So we'll see how that pans out. So make sure you don't forget about that. Well guys, very best of luck with your trading and join me again tomorrow to find out what happened next. Thank you very much and goodbye. One, one, one, one.


Hello everybody my name is Andrea and I have about 18 years of dental professional experience and you might want to know what is the difference between a bite ring a bite wing x-ray and a panoramic x-ray sometimes referred to as a pan. So if you're going to the dentist and we're talking about different x-rays you kind of want to know well do I really need them. How often do we take them how much do things cost so I'm going to share that with you. I actually had my teeth cleaning the other day and I had both of them taken on myself so I can show you guys the differences and approximately how much everything costs. So I'm just going to pull up my panoramic x-ray this is one that shows the top and bottom I'm just going to share my screen for you guys to see that. So this is my actual x-ray of my teeth. So this one I like patients to have every 10 years if not sooner if there's any issues. This is common x-ray we take if somebody is 15 or like early teenage years and we're talking about the wisdom teeth. This x-ray is the only way to see the wisdom teeth. I don't have my wisdom teeth so you can't see them here but they would be further back. There would be another molar back here. We can't get that other x-ray that like tinier one that you have to bite on that tab. We can't get that back far enough to see the wisdom tooth so this one is actually done where you stand and the x-ray machine part of it goes around the head.  You probably don't want that big thing inside the mouth but sometimes we do have to take that but this panoramic one is done around the head. And we like to take this one too on children. If they have a hard time putting those x-rays inside the mouth to take them internally we like this one because this can also show the baby teeth so it shows us the baby teeth and then the permanent teeth so it can show us the permanent teeth coming in. But in my case of course this is just my x-ray so I have all of my teeth except for the wisdom teeth. If you guys notice these white areas here these are for composite fillings so I had a cavity. Now if you're not a dental professional you're probably looking at this and saying I see a lot of white areas and dark areas what am I looking at. So as a dental professional we are trained to see certain landmarks.  If I ever had a root canal which I have not but if I had you would actually see a white line in the actual nerve of that tooth. Our nerves are black okay in the x-ray so if I had a root canal there would be a white line so I love this x-ray. The thing is they are expensive okay so this cost me about $90 so if you don't have the money if this is something that you want to wait on you probably can. Unless you're in a lot of pain and the dentist is telling you we need to take the panoramic x-ray because we need to see a larger area or you weren't able to take x-rays inside the mouth which are the tinier ones which I'm going to show you guys next. So those tinier x-rays there's different ones there's bite wings and there's periapicals there's other ones too but those are the common ones. So a bite wing just to show you guys what that looks like I'm going to share my screen for a moment. Notice how this one looks very different compared to the other one this is lopsided there we go is that the right way yes it is so that's better so see how it's just showing a certain area but we can see in between the teeth. This x-ray we take to check for cavities because cavities hide in between the teeth if you guys notice so we look for black areas again if you're a not trained dental professional you're probably looking at this and seeing black everywhere. But we look for specific tiny black areas I do have a couple I do have what's called incipient cavities so they're so tiny the enamel has started to become affected but the cavities are big enough to do a filling because they're not through the enamel yet. So yes there is such a thing as having a cavity but not needing to fix it because it's just that small. So this is what a bite wing is we can see in between the teeth and the top and bottom teeth at the same time so if you guys have any questions about those please let me know. The panoramic x-ray like I said I like to take on patients every 10 years just to get a good overall picture or if the patient is in pain or if they're at the age where it's time to get the wisdom teeth taken out we need to take that x-ray. There's many other reasons but those are the more common ones bite wing x-rays though are very important. I tell patients every three years might be fine but if you're cavity prone you eat a lot of junk food drink a lot of pop we might even want them once a year. If not sooner because you want to catch those cavities when they're small to fix them or maintain them so they don't get bigger using different types of toothpaste that can actually help to keep the cavity the same size and not bigger. So let me know you guys if you have any questions comment below and I will talk to you guys very very soon.


A graphical model or probabilistic graphical model PGM or structured probabilistic model is a probabilistic model for which a graph expresses the conditional dependence structure between random variables. They are commonly used in probability theory, statistics particularly Bayesian statistics and machine learning. Probabilistic graphical models use a graph-based representation as the foundation for encoding the distribution over a multidimensional space and a graph that is a compact or factorized representation of a set of independences that hold in the specific distribution. Two branches of graphical representations of distributions are commonly used, namely, Bayesian networks and Markov random fields. Both families encompass the properties of factorization and independences, but they differ in the set of independences they can encode and the factorization of the distribution that they induce.


Hello there, this is Bhavya Kaushal and head of Entrepreneurs for Things to Know Beyond India. Here's the news that will uplift the mood of Apple lovers and the economy of India. Apple Inc's largest handset assembler Foxconn confirmed that iPhones will be mass produced in India. And impending what is finally coming to the surface in the video streaming space, the shares of Netflix saw a dip after Disney announced the pricing of its video streaming platform, Disney+, vigorous working hours is becoming a norm among the tech giants. Alibaba co-founder Jack Ma recently faced flak and criticism for endorsing the 12 hours work culture in an interview. The business world is coming together to support the loss caused by the Notre Dame Cathedral tragedy. According to reports, business giants like L'Oreal, Kering have pledged millions of euros to revive the heritage and Apple is the latest to join the band waggle.


Hi, everyone. I'm here to remind you that even though crypto isn't in no type of crypto is currently a form of money in Colombia, that doesn't mean you don't have to pay taxes on it. That's a joke. Yeah, no, but even because of this, we want to make sure that the rules for paying taxes on crypto and crypto-related activities are clear. We're taking steps to make things even clearer than they currently are. A few of you may have wondered, especially if you, even if you have just used a crypto platform, if you have to pay any taxes on the gains that you make from your investments, or if you run a platform, I don't know if representatives of the exchanges in the country are here, we would like to make sure that you know exactly what rules you have to follow. Briefly speaking, even though crypto is not legal tender in Colombia, it is considered for tax purposes and intangible asset, which basically follows the treatment that other jurisdictions give to crypto and in general to many digital assets. In Colombia, you have to fill out a tax return as just a natural person. You have to declare your net worth, which is a very particular thing to the Colombian tax system. Many of you guys probably have heard the debate in Congress about taxation of your net worth, how it's calculated. If you're curious about this, you would basically have to tell us, to tell the tax administration, the value of the crypto at the peso value that you acquired it on the day when you acquired it, you just have to tell us there's currently no taxes on your net worth. There have been in the past, but this is only for informational purposes. Everything else is essentially capital gains taxation. If you buy crypto or other assets, if you buy NNFT and it increases in value, you don't have to pay any taxes until the moment when you sell it. If you sell it, you make money on it. The difference between the price which you bought it and the price that you bought for it is the basis on which you have to pay a rate. That rate will depend on whether you have held the assets for two years or more. If you have held them for more than two years, this is roughly speaking the capital gains tax. It's called ganancias ocasionales in Colombia. It's currently a 10% tax rate. If the tax reform bill that we're working on goes through, it will be at 15% of the appreciation. If you sell the asset before two years, then you just have to pay the ordinary rate, which is a progressive taxation scheme. It starts at 19%. At very high levels of income, it goes all the way up to 39%, which is much like what you would pay in the United States for ordinary income as well. You may have wondered, I know because I have, if you're in an exchange and you buy and sell crypto, maybe you're just playing around with any type of cryptocurrency and you sell it to someone. If you like to think about tax issues, which some people do, you may wonder, does this pay VAT, the value added tax in Spanish? There are activities such as exchanges that do not pay VAT. When it comes to intangible assets like crypto, then as long as they don't have an intellectual, commercial, industrial value, so this is more like patents, right? If they don't have that added value, then you're not responsible for paying VAT. However, if you're selling, say, at least some sort of NFTs, there may be VAT to be paid. Especially if you're thinking of running a business that operates buying and selling crypto, NFTs, other types of digital assets, these are things that you may want to take into account. We want to make this easy for those paying taxes, right? You have to pay them. The least we can do is make it easy for you. We are here to help. I have given instructions to the sub-directorate in charge of norms, interpreting the tax norms for specific cases and specific industries to compile all the concepts we have issued about crypto in a single document. But also, we are here to collect the questions that you may have. We want to issue an official concept about this. We want to do this both in Spanish and in English. We want to have clear rules for those coming from abroad to invest. Even though I think we're all excited for the closing event at 3.30, we are here to take questions. Yeah, sure. So you were mentioning that we would have to pay taxes if I purchase a Bitcoin, let's say it goes up in price, and then sell it for fiat currency. But if I were to buy a Bitcoin and then swap it to another currency, another digital currency, let's say Ethereum, and the price will technically create a taxable gain, how would I pay that tax? Would I pay it in the value of the local fiat currency? Would I pay it in one or the other intangible assets? How would you do that? That's a great question. Because currently Ether and then that Bitcoin are not currently considered currency in Colombia, and you're just swapping assets. It may depend, but you would probably just have to pay the time you sold in your example, the Ethereum for fiat. And then I think that also raises the question of what do you do if you buy something in crypto, right? Like if you buy a house in crypto, like what would you do? How does it work? And then in that case, you would have to take into account the value at which that house is fairly valued and the value of your asset, and then that difference would be the basis for taxation. You never specified whether it was first in, first out, which is if I had bought Bitcoin and maybe I put it off to the side for long term storage or Ethereum, whichever asset. And then later I start trading with other assets over here. So first in, first out would say that the very first purchase of the asset, Ethereum would say, was at $100 and now it's at $1,500. It doesn't matter my trades over here. It's first in, first out. Do you understand the first in, first out? So you never specified whether there's a first in, first out rule that you have or not. I think what's really helpful for thinking out all of this is that for all practical effects and purposes in Columbia, crypto assets are intangible assets. So you would handle the inventories in the same, you would follow the current accounting rules, right? And in Columbia this, I don't know what accounting rules you're most familiar with, but we wouldn't be using US, US gap, but we would be using IFRS rules for accounting. So that's what would apply in this case. I think probably in the concept and in the document that we will post, I will post it on my Twitter account to start clarifying some of those things, but mostly to invite questions like this so that we can give you specific detailed answers. Yeah. What about the crypto you gain like paying on services? For example, I have an income on crypto, how do you tax that? Currently, so you can be paid in things other than Fiat in Columbia, and that's already regulated, right? You could be paid. So some people are paid at least partly in education for their children, right? Like their firm pays their children's tuition or they give them access to country clubs which have a certain value and all those payments in basically in stuff, the same rules as for payments in income and Fiat apply. So you would basically have to tell the government what's the, so what's the fair market Fiat value of the crypto and that would be the basis of the tax you pay. But you would pay exactly the same as if you were being paid in Fiat. So suppose you work for a company that's paying you in crypto, then they pay you and you tell the government this is how many pesos this was worth, then you pay taxes on the basis of that, but then your crypto continues to gain in value. If you sell it to buy something else, then at the moment of selling it, you would pay an additional tax on those capital gains, basically, yeah. And if you found someone who was willing to sell you stuff directly for crypto, then this follows the same. There are rules and regulations in Colombia that apply to exchanges of stuff, right? Like if you trade, I don't know, if you trade a house for five cars, which is something that people sometimes do, you would apply the same rules in the tax code. Some wallets have debit cards, even by Visa or Mastercard. So how do you make a chain of taxes whenever you have a wallet that you save in USDC or whatever and then spend it in retail, let's say in a cafe? I think there will be taxes along the way, but who is paying what in that change? So, I'm sorry, the question is you have a... I don't have one, just say anything. More of a comment, yeah. Hypothetically, there is a wallet with debit cards. So how do they pay taxes along the way when you have debit cards, the payment processors, and there is a crypto wallet involved? Right. Yeah, currently, none of that. So those are things that would have to be regulated by the financial authority, the Colombian SEC, the Superintendencia Financiera. Because the regulation is still to come, you would basically not pay a lot of things that you pay in the current financial system. You may be aware that in Colombia, there is the 4 por mil, which is like 0.4% tax on financial transactions, that would apply only when you convert that into fiat and into the traditional financial system, but that's not the case. That's a great idea to raise her anyway, I'll take that one with me. Just kidding, but not entirely. What's your position about using any cryptocurrency as a collateral to have pesos or use dollars? Are you deal with it? It's a collateral, like for getting a loan or... Yes, exactly. Yeah, this is still something that has to be regulated by the financial authority, so I suppose you could sign a private contract and then you give this as a collateral as long as someone else accepts it, you could sign a contract that specifies it, right? Right, okay, so in the case of DeFi, this is one of the questions that we currently want to address in detail because it's a question that we've been... We're being asked a lot, so we're working on issues related to DeFi for sure. Your office published a document like four months ago, the former director, regarding these taxes on crypto. That document is still... Ryan, we have to apply that? It's still in force. There were roughly 25 documents that we had published answering various questions, so what we're doing is we're compiling all of them in a single document so that you have everything in one source, but nothing has changed. We just want to make this more accessible, and like I said, some of these questions and more, if you guys want to talk to the two lawyers from the end that came here. So with me, we will make sure to address them. We want to have a comprehensive treatment of how to handle these tax issues, to give everyone more certainty and instability, and hopefully not have to pay very expensive consultants when we can do it for free for you. The context of my question is because the former director said in Caracol Noticias that people that need to declare their crypto, they have to do it from 2017, and they have to pay the multas from those years, 17, 18, 19, 20. And what do you think about that? Because the incentives are maybe not aligned, and people don't want to declare something to be a bad person and paying those multas. As part of the tax reform bill that we are shepherding through Congress, we are trying to make a lot of those fines, not just for crypto specifically, but for a lot of different businesses and also just regular people, a lot more understanding of when people are not really at fault, and we want to focus on actual tax evaders. The process is still ongoing, so as I said, we welcome all feedback that you may have about the provisions that we have already included in the bill and what else could be useful. One thing that we have gotten a lot of questions about has to do with whether we will accept taxes in crypto, it's something that we as a tax administration can do if given legal authority by Congress, we can handle it. We think it's actually very interesting if a firm or if a person wants to be associated with a specific wallet or sets of wallets, because that actually, as you guys know, a lot of people still think that crypto is cryptic and that you can't trace stuff, we are actually interested in the traceability of a lot of the cryptocurrencies and that can only be good for us as a tax administration, so we are very open to all of these proposals. Talk to your congressman or congresswoman, there is still time to introduce some provisions here. The first one is we have talked about a lot of taxes, but what's your truly vision about crypto? Would you be considered as a pro-crypto person or are you a tractor? The other question that I always ask, do you hold any crypto? Do I what? Do you hold any crypto? I've held it, yes. Oh no, for sure. I think it's a technology that's here to stay. I think it's promising. I think there's a lot of misconceptions about crypto. I think we should help everyone understand that this is a promising technology. I look forward to the forthcoming regulation that various other government agencies, or which I have no control, I should say that, will issue at some point. I think it should be sooner rather than later. I think there's one of the developments that I find most exciting is central bank issued digital currencies. I was excited, like I suppose many of you were, when the central bank announced that they are studying the issue. I think only good things can come from this industry. Okay, I have another question. It's more about stable coins and USDT, USDC. If I get my pesos and always convert them into US dollars or, well, in this case, USDT or USDC, then when I need the money back in Colombia, I transfer them back to my account. What would be the tax incentives and implications there? Because you said it's like buying dollars in una caja de cambio and then just either spending it abroad or just having them in your house or whatever. What would be the implications there? Yeah, so something like USDT or other stable currencies, stable coins are, they are not legal tender here or anywhere. So they are under Colombian legislation and then rules. They are considered just intangible assets. So the way it would work is say you, so suppose you buy, I don't know, you go through a whole process, right? You deposit some pesos into a local platform.  The way it would work in terms of it being taxed is you, there's a certain amount in pesos that you paid at the exchange rate, the official exchange rate of that day, the TREM, the Taza Representativa del Mercado. And then when you transform it back into pesos at the very end, it's the difference between the pesos you got at the very end and the peso value of the original asset. That would be the capital gains, so to speak. You've stated your position very clearly about the crypto coins and all these coins that are natively digital, but there are also other type of tokens that represent, for example, real life assets such as houses and other kinds of things. Is your take the same for those types of assets that have real assets, like it's an underlying value in real life, but they're just represented digitally? I like the technology. Look, I just run the tax administration. Those are issues for various government entities, right? I think it's exciting to see how ownership registries would work, how the financial regulation really is what, as we all know, is necessary for this industry to have a more solid footing. And I do hope, and I know that the people involved in this understand the issue and they're working towards making things like that possible. I think, in general, it's an exciting technology. And I also think that the financial regulation that we're still trying to figure out all the possible ways in which the technology can be used, so I'm sure there's more to come. And those are good examples of what we could see. Oh, the taxation. Okay, so when you have underlying assets, well, in that case, yeah, basically, the difference between the Peso price when you invest it and the Peso price when you finally sold it, that's what will be taxed. And it will be taxed as either capital gains or ordinary income, meaning ganancias ocasionales or rentas no laborales. You mentioned the CVDC, and there is an incentive for the tax authority to look everything that the citizens do for tax purposes in that sense. What do you think, what is your position about the privacy of the citizens? What is the balance between knowing and taxing what they do and knowing a lot more that you need to know? I think that's a question for the Colombian society to answer as a whole. I'm going to be profanist from the point of view of the tax administration. We're interested in the traceability of transactions, especially given that the Colombian economy is so informal and so many people use cash. I think, for instance, if we could offer people a digital currency that is more convenient than cash, even safer than cash, like if someone steals cash from you, there's a way of getting it back. If it's highly traceable, you may be able to know what happened to it afterwards. I think there are trade-offs in life, and I think it would be particularly interesting for everyone involved to have a digital currency that is not 100% anonymous, that can be traced, but that also offers extra safety beyond the safety that cash can give you. I think my time is up, and we probably don't want to go out there. Thank you for your questions. Alfredo and Estefania are here to collect some more of those. We will be collecting them and publishing an official document answering them, so make sure to ask absolutely everything that you want to ask. They will be happy to share contact information with you so that we can maybe set up a round table between the UN and the industry and start clarifying some of these questions. Thank you very much.


creepy vibe. This is Daughter's Room. During the night I heard a strange noise when I came in she was in her bed and the window was wide open. I'm sure she was abducted by those stings. Oh look at the little girl. Whoa, whoa, whoa, whoa, whoa. Oh yo what? What's that looking?   So let's check out some new games here and this was called They Are Here Alien Abduction Horror and you know there's been a lot of talks about aliens you know in the past few months and actually the last couple years so let's see if this game actually scares us. Alright so let's go let's check this out. They are here. Alien Abduction Horror. Let's go. Explained phenomenon occurred at Graveswood Farm on the night of August 7th. The Sherman family witnessed bright lights in the sky that moved the breakneck speed over the cornfield. The lights moved in a random direction and at different speeds after a while they vanished. This strange behavior in the sky was observed at the same time each night for five nights. According to the owner of the farm all the animals went crazy. The dog became aggressive, tried to attack him and bit him. The children complained that someone was walking under the windows but the farmer Peter Sherman himself in the field saw a strange figure that did not look like a man. What is it? Deliberate deception? Drawing attention to oneself or a sensation about an alien invasion. Journalist Taylor Fox travels Graveswood's farm to take a photo and make a report for the local newspaper. So hey my name's Taylor Fox. Let's go. Alright let's see this is a scary game. Sounds like we're in a car right now. Can't see anything though. Oh here we go. We just got out the car. Got to explore a little bit you know. Okay talk to the farmer Peter Sherman. Alright Peter Sherman I'm here. My name is Taylor Fox and I'm from Fox 7 News. Can't talk to you about little something. Oh wait oh look looking at the stars right now. Okay press left button to take photo. Gotta take a quick little picture. Look right there we see them. This is great. This great material for news reports. Alright cool. You know we gotta take a picture of that of course. Sherman's house. He's got a Sherman's house real quick. He took out the trash at least we know he's you know a little bit clean. So we're going to the cornfield. What is this? Let's look around here real quick you know. You want nothing popping up on us.  Here little something back here. Okay. Can't really see over there. Should I walk over there? Hello uh Mr. Peter Sherman. I forgot my name already. I think it's Tanner Fox. What's this? Farmer's note. You see Miss Fox we made an appointment but something bad happened. Our daughter went missing. My wife went to town to help my son and I went to check out the farm. We'll leave notes and you and the police in case we pass each other. Peter Sherman. Okay put it back. Alright I'm gonna expect the house real quick. Hey Peter Sherman you guys here. Okay checking the phone out. Not working. Oh oh will you guys hear that?  Okay okay we'll see we'll see what happens here. Okay door is locked. There's milk. Okay he needed some milk so he got some. Oh see a newspaper. Old newspaper mystery sky object seen here in Rono. Down to Earth approach the alien visitors. Oh because the aliens have been around here for a while already so. Alright let's take a look upstairs. The game is giving me kind of a creepy vibe right now. Not gonna lie. Alright I see what's this. Is this a family picture? Let's take a picture. Photo in the photo of members of the Sherman family. It kind of looks like those pictures you see like when you buy something at Walmart. Alright let's see what's up here. Okay we open. Okay this is a bedroom.  You got some shoes. Alright let's look at the window. It seems normal so far.  Oh it was this. Printed photo. See a photo from the internet perhaps Peter Sherman saw something similar and it's creepy. That looks like an alien body or something. Oh yeah look at this. See photo from the internet. Look at these photos right here. Oh look alien photos. Look at that. I have a homie that looks exactly like that. And he's watching right now. Let's see. Anything else. Oh the book. Okay. Found my old diary. How could I forget that? See sticker file. My diary when I was 15 years old. How could I forget that? Diary text. Today was the most exciting scariest day of my life. I saw the aliens. My parents think I'm lying but it's true. Alright so let's just assume that he's just talking about aliens. Take a photo of the diary. Okay cool cool cool. Alright so the kids have seen aliens before in his life. So did they come back to get them again? See farmers and I learned a lot about these things. They are called the grays. And that's a real thing too. There's people that think that there's aliens called the grays. And it might be true. I don't know. These are not the little green men but big creepy and dangerous creatures. Basically they can be described in the following way. A large head that's proportionate to the body. No hair. Bottomless black eyes, gray skin, long limbs. So it's pretty much the aliens we see on tv all the time. So maybe they've been showing us these aliens on tv because they're actually real and they want us to get ready. Let's see what's in here. Oh look it looks like they went through the window or something. They picked okay so this is what I think happened. So they picked them up from the bed, floated them up and she still had the blankie on her and then she dropped the blankie. Child's drawing. Oh so she's been seeing aliens too. Okay okay I like where this is going. Kind of getting a little creepy vibe. This is daughter's room. During the night I heard a strange noise when I came in. She was in her bed and the window was wide open. I'm sure she was abducted by those things. Oh look at the little girl. Whoa whoa whoa whoa whoa. Press fc's flashlight. Oh heck no. Look it froze the windows. It got cold in here or something? Oh I'm already getting creeped out. Let me get that toilet. Okay so I guess I gotta walk out now. Come on man. Hey yo watch out. Hey I come in peace. No actually I've been here. What's that noise?  Hey y'all. Aliens and humans should get along. You know you guys have a bad rep but I think we should all just respect each other. So I'm coming in peace. Going down. Oh maybe I could turn on. Oh no I thought that was like the search breaker or something. Hey is anybody here? Oh this happened so fast. Look at the chairs are on the ground now. See anything outside? Dude they they're in here for sure or they were in here. Just in case somebody pops up behind me. Oh I didn't check out the restroom earlier. Yo yo what's that note? Oh the light. Okay it's the light. What does this say? Farmer's note. A see a child headaches began to bother me. They they tortured me this day. I went to the doctor dozens of times but no one could explain the reason for their occurrence. Now I understand why the doctors cannot determine the cause of the migraines. The answer is simple. Abduction. I only remember the alien abduction when I found my old diary. It was then that the migraines began. The cuts that I noticed then behind the ear were a trace of them. I'm sure they even planted some things in me and some kind of transmitter or implant because of this I forgot everything. All right let's see. Oh oh there was something in the sink. A little jar with a strange device. Oh that's what they were talking about. Take it. Gotta take that just in case for evidence. Windows just in case. Yo there's somebody walking in here. Yo dude what's that? Creepy. All right so I mean this is perfect for my report that I'm gonna do for the newspaper. Oh look see there's more. We just saw a UFO y'all. Let's keep it. Let's keep it walking outside and see. See it's cracking out here. Oh that alarm stopped working. Was that the alarm to my car? Oh yo what? It's all that good.  Yo where where where where where where is getting close to me? Wait do I go check over here to see what's that? I'm just I'm just a curious person.  Let's go to my car real quick because we need to get out of here. Go get in the car bro. Okay I'm gonna drive. Car turn on turn on. Stop working at the worst time. That's actually my heartbeat. Oh it's a demo. In the full game you will find the largest territory of Great West Farm in the full story of an alien abduction. Add the game to your wishlist so you don't miss if this can't release. Yo this is dope. I really actually enjoyed this.  I don't know if you guys remember the scene where the alien walks by the apartments and then like you see it in like a news report.  I had fun I got scared I jumped a few times so that's always good. So if you guys enjoyed that make sure you click like subscribe and comment. It really helps out the channel and it helps us out as well. And also we will have some new videos tomorrow so stay tuned all right. See you guys later. Peace.


Hey, looks like I am live. Awesome. Hey guys, if you see me live on both LinkedIn and YouTube, please comment on the chat. This is Dr. Nian City. We're getting started with our free live training in a minute. Let me play some countdown music. I'm very excited, actually the technology actually working very well today. I'm very, very happy. So we have one minute to get started. All right. Hey guys, this is Dr. Nian City. If you are here with us, please comment on the chat. What's your name? Where are you from? And do you have an interview coming up and comment on the chat? I'd love to learn about your background. Awesome. So let's see who else is here with us at the same time. Let me also make sure we have everything ready. Interesting. So I'm just getting all the technology set up ready. Awesome. Okay, great. Cool. All right. So let's see who is here with us. Comment on the chat. What's your name? Where are you from? And do you have an interview coming up or not? Or you can say you're trying to learn the interview to tell me where you are in your cloud management journey. Let's say who else is here? And Rappul, how are you? I see so you are, wow, so many different degrees. You got like PMP and also like certification in cloud management, I think the safe stands for agile. Like certified agile, professional, I think safe means that. Welcome, welcome. Moscow, wow. PC, you are at Alina, Moscow. Wow, welcome, welcome. We have very, very global audience. This is amazing. Awesome. And doing well senior business analysts. Hello Rappul, so agile. Yes, that's what I guess. Yeah, like agile certification. Welcome, welcome. Okay, great. So let's get started with today's free coaching. And here is how we go through today's agenda and quick introductions. So hey guys, welcome, welcome. This is Dr. Nancy Lee. I help hundreds of people land their dream PM job offer in fan companies and unicorn startup and also continue to get promoted as a part leader. If you want to achieve the same kind of success then please go to this website, DrNancy.com and to learn more. And we have our own coaching program called PM Accelerator and you're able to quickly accelerate your product management career with hundreds of product managers in your alumni network is able to refer you into new companies and continue to mentor you to see your success as well. Okay, so let's see, let's get started with today's main topic. And so today we mainly talk about MBA, right? Do you need the MBA to become product manager? And for people to join us, please make sure to comment on the chat regarding your specific questions you have or anyone who wants to receive free live coaching and join me on Zoom with me basically right now or you can directly email my team or you comment on the chat right now or send your link to Zoom or someone who wants to do a mock interview. You can feel free to join me. That's every Wednesday we give free coaching to help people to advance your product management career. Awesome, so let me do this. Let me share my deck. All right, so let's go through today's training and let's do this. Awesome. Okay, so for people to join us today's main topic, we are going to discuss specifically, do you need MBA to become a product manager or not? We also see people in our audience. Some of you guys commented you are more agile or like project management or scrum master and also see people from a very like a global audience. I love this. Okay, please continue comment on the chat. Let me know your background. And of course today we focus on MBA. So come on the chat. Do you have MBA or not? So come on the chat. I love to learn. Do you currently own MBA degree or not? Or are you currently pursuing MBA? I have my personal opinion regarding is MBA worth it or not based on your final goal. Okay, so we're going to dive deeper. But I do want to hear from you guys. Do you guys have MBA or not? Come on the chat. And a big said no. I see and what about PC and Peru? No, no, no. All of you guys said no. Okay, great. So probably you love to hear the answer.  Yeah, you don't need MBA. Okay, so let me break it down for all of you guys today. Awesome. So let's get started. Now, first of all, I do want to share some inspiring stories with our student inside the PMX editor. And actually, this is our student Sherry. This is extremely inspiring and crazy. So for people who are currently inside the PMX editor, you know Sherry and also Sherry is also going to give a talk in our upcoming alumni panel. But I do want to give you those inspirations, give you the latest market update. Lots of you guys are worried about layoff, what it's look like. Is this going to impact me? And is there opportunities? Does the entire job market become worse or better? Or is the news just scare people off? Okay. So here is realistic examples and data I do want to share with you guys so you guys understand what's look like in the job market right now. Okay. So this is our student Sherry and actually Sherry was laid off by Robinhood in August. And Robinhood actually laid off 23% of the employees just like gone, almost one out of four people are gone. And also Sherry also has very, very challenging timeline because her H1B already ran out. She only have about like six months or one year left on her H1B. And she really need a job and also need H1B, a green car sponsorship. You need a sponsor H1B for sure, but they also need to kick off the green car sponsorship because she's doing the tier like EB2 category will take at least half year just to like go through the process.  And her background is also X investment banker who became a partner manager in seven weeks. So what she did was and actually was in seven weeks, she was able to plan five offers in total. And one of those offer is join the crypto trading company as a partner manager within seven weeks, even during the crazy layoffs season. Now let me share with you regarding what she did. Okay. So if you're out of the very like sensitive timeline, it's critical you need to immediately use a networking strategy to reach out to more people who have very, very like strong connections with the team's hybrid managers. So hi, the networking strategy is the number one thing that everyone needs to use. Okay.  So you're able to quickly get the response much faster. Okay. And next, you also need to really learn how to build a portfolio and how to pitch yourself, make a transition because herself has no crypto background, but she's very excited about the website industry. So she was able to pitch herself showing off her knowledge in the website space. Okay. So this will become inspiration for all of you guys. And then as I said, that Sherry doesn't have MBA either. She was able to then offer in the website space and lots of our students do not have MBA. Okay. So you don't need MBA at all. Okay. So now let me share with you how to get results fast and also let me analyze the specific MBA outcome for all of you guys. But before we get started, I do want to remind everyone who is currently into in for like fan companies or like tier one company. So it's important to know what kind of questions they will be asking you before walking to interview. So we can go to this website, docraness.com slash 50 fan to get all the latest interview questions. Those are the golden questions. They're going to select questions based on the database. And okay. So go to this website, docraness.com slash 50 fan to download your interview questions database. And anybody who is interested in joining us to receive free coaching and also mock interview, feel free to email my team at team PM, et cetera.io. And in the description of this video, this also a Google form for you to fill in the information where you can just ask to join me for free. Okay. So we offer free coaching every Wednesday. So go to the description of the video, fill in Google form or directly email team at PM et cetera.io. Okay. And then we'll get selected to join the free coaching. It says people who support nonprofit every year, we do one-on-one donation matches. And actually last year we did one-on-one donation matches up to $20,000. Okay. So I want all of you guys to continue to contribute back to your communities. You donate $1. I donate more than $1 to all the nonprofit you support. So therefore, if you actually donate to any nonprofit, you're receiving free coaching from me because I'm a big believer of giving back. And also whoever gets most likes, comments and shares, I'll go into land free coaching from me as well. Okay. Great. So now anybody who is interested in PM Excerptors, some of you guys ask this question a lot. So how can you join PM Excerptors? What does it look like? So I want you guys to go to this free master class, drncity.com slash masterclass to learn how to land and keep your dream program manager job during hiring freeze, even if you don't have the confidence to take the grade or PM experience. Okay. So those are going to help you to have the right strategy. Even if you don't have those MBAs or tech degree. Okay. So go to this masterclass and learn more and also finally remind everyone to take a screenshot right now. Go to the screenshot and join the chat group or LinkedIn group that directly find you will walk into your partner. Those are free groups and anyone can join. So it's important for you to find the peers who is able to support you throughout the entire process. So go here and start learning today. Okay. Take a screenshot and then join those groups later on. And as I said, we love to give you the market update regarding who is still hiring, who is laying off people. And here's what we got actually last week. And as I said, I also share an offer from OKX and also as a product manager, also have people like currently working with us. And I also share an offer from LASER Fish and also interviewing with many different companies such as Dropbox and Square and those kind of companies. And actually once you're in the final interview with Microsoft, and this we should already, he already landed an offer from Microsoft. Okay. So I want all of you guys to know that there's a loss of company that's still in the screen. And all happened last week. So I want you guys to really focus on those companies that are still hiring and some department is still actually offering very, very competitive salary as well. Okay. Now let's do this. Let me directly go to the MBA portion without sharing the deck. Now, let me see who else come on the chat regarding they land MBA or not. Do you want to see do people get MBA or not? Let me see the answer. I also said no MBA either. I see you also said no degree. Wow. Very impressive. Tell me more regarding your background. All right. So what we are going to do right now is that let me break down my analysis and assumption of MBA. Okay. So now statistics speaking actually like more than 70% of our students inside PMX do not have MBA at all. Okay. So you can land the PM job offer without MBA for sure. Now here is analysis regarding what type of companies that prefer MBA, what kind of company they don't care. Okay. So now MBA or not, my understanding is definitely no, you really do not need MBA to become a part of manager. That's for sure. But does MBA help or not? Now depends on the specific companies. For example, if you get MBA for Amazon, Amazon have like green lights for MBA fresh graduate. If you're MBA that you need to put your L6 compared with other people without MBA to put your L5.  So it level up yourself into the next higher payment category. Okay. Different like band for people, how much they're getting paid. So it's very critical. You need to understand. Okay. So now second part regarding the MBA I want to share with you guys is for companies like TechDream and coming such a Google, they really do not care about MBA. Strategy department, yeah, like corporate strategy, whatever, any kind of like consultant, they want MBA and they prefer MBA. MBA in general. Okay. So for those kind of professions, they like it. But for Google program management, they prefer people with engineering background because in Google's interview, they will ask you this question. Okay. So how would you design like a browser was how does the Gmail inbox work? It was like Gmail inbox.  So it's like how this works. The high level I can describe, but I don't know how much details goes into it. Right. So those kinds of questions are the real interview question. Google. So for Google, they decided to have software engineering interview you was because they appreciate technical background much higher than any like MBA or business background. Okay. So if you want to join Google, you say, Oh, I got MBA. I better join Google. No, I'm sorry. Even if you're Harvard business school MBA, I'm sorry. You're getting killed by Google engineer. During those interviews, I make really hard for you guys to get in. Okay. And now another fun fact is that actually for MIT business school and actually in 2015 that year, there's only like three three people from MIT business school and they got into Google only three out of 800 people is crazy. Three out of 800 people that year got into Google. Okay. It was because again, they prefer people with technical background they're going to ask you very technical questions. Even if you get MBA, you cannot get in. So if you go is trying to join Google, I rushed for you to do some like infrasystem management, those kind of degree or like systems engineering degree or even computer science degree. It's going to help you to join Google with much higher success with compared with MBA in general. Okay. Now of course, there's also other companies and they're in between Amazon or in between like Google for those kind of companies really depends on the product you work for. If you're working for like technical focus product, for sure I don't see you need MBA at all. But if you work for some like a product which more like consumer driven for example, for TikTok and even I've seen working for TikTok and they learn like offers from TikTok, they do not have MBA degree either, but they prefer you know, like product growth, those kind of growth strategy, which means your marketing knowledge could be more valuable than MBA degree. Okay. So therefore my general recommendation is that do not waste your money on the MBA degree and the tuition costs you over $200,000 in total for two years. Okay. So those are huge opportunity costs those tuition is huge. So don't waste your money on that. If you're going to become a PM but if you want to leverage yourself to build a greater network through MBA school, yes, you can go. And also you just need to go to a better more reputable MBA school because the people you hand out with is going to decide how big your network is going to be. Okay. So come on the chat with any other questions on this topic or any questions regarding becoming a product manager. Okay. So let me do this. Now let me answer the pre submitted questions. Okay. Let me share my screen. If you join us live, feel free to comment on the chat as well. Let me share my screen. Okay. So let's ask this question. How to get hired as a manager for B2C product. If I'm currently overseas B2B product, very good question list. So those are the free summary questions from the Google form you guys had. The way you do it is that if currently you're a PM for B2C product, you want to become B2C product PM and then you want to join the company here is how you can do two ways to make it happen. Number one is that you need to immediately build a product portfolio for B2C type of product. If currently you have no B2C experience, it's important to demonstrate your understanding of B2C product and how to drive the growth of a product and what's the concept of AB testing what to test what potential challenges you will be facing. So when I become product manager like years ago, I was able to quickly let people know about my business aspect because my degree was in PhD in material science. I was a PhD was a material science was like something very, very far away from product management in general. But you want to show the business side of myself and B2C side of myself. I started like at the store basically selling jewelry. I sold jewelry for over a year. It's crazy. And I was able to create a product portfolio and put that on my resume showing the hey I know consumer I have a GTM strategy I know supply chain I know like e-commerce those are very relevant experience to B2C companies and I was also able to talk about different kind of like marketing, Instagram marketing, marketing strategies I used what kind of strategy works what kind of strategy doesn't work right. So those kind of very good examples are experienced you can show up on your portfolio and also something can talk about in the interview those are critical for you to demonstrate the hey I'm just changing industry to from B2B to B2C but I have other skills and I already have the insights so starting from day one I'm able to contribute my knowledge to your company. Okay, so the second strategy you can do is that within the B2C company and you can actually immediately join those kind of AI department of B2C company as an example for example as Tiktok right so Tiktok has B2C company but Tiktok itself has a different layers of management they have their like content recommendation for the audience they probably also have this like consumer interaction for Tiktok how do they want so many people getting very engaged on Tiktok that's all very consumer driven. Within Tiktok I bet there's an algorithm team who specialize using AI to like track people's attention they probably also have different team which is analytics team right and also have like content category team and recently I have a student from Pinterest she is senior product manager in Pinterest and recently joined Amazon okay so for her role even in Pinterest there are team who manage content category the different content and different category out there and then the separate team represents like content recommendation so two different teams so the team that closer to consumers are the ones who directly like doing like user experience and doing the app figure out how to do content recommendation but the AI team providing the outcome of content recommendation are more B2B which means they are someone is the same as any other B2B company is internal used function that is able to support other layers of Tiktok so basically you can join for example the AI team or platform analytics team as a product manager and you are serving the entire product to serve B2C audience so the company is able to leverage your strengths some who knows B2B product because analytics AI also B2B product and then after you join the company you can gradually move over to the most consumer facing what you say like customer experience like how do they interact with the app running A-B testing doing promotions and marketing I use the growth those kind of more business driven B2C type of growth within the B2C company so two ways to make it happen I want you guys to use the same strategy to achieve your goal quickly alright so now if you are into your B2C company and tell me comment on the chat what's your background and tell me your B2B product background and then I'm going to show you what type of B2C company they will appreciate your B2B background because different companies appreciation is different so once you guys comment on the chat then happy to tell you exactly what you can do but in high level I tell you the high level two type of strategies both strategies works very very well okay now let me answer my next question and feel free to put your question on the chat I see Peter also put your question on the chat and we'll have someone else on again also put your question on the chat okay so put in the chat after I go through the questions please send me question go to yours as well so next question Ben asks this question how do I pivot to a senior product manager role in this recession which industry should be best applied to that's your PMXR program guarantee a job after completion so there are three questions here so Ben first question is how do you pivot into a senior PM role in this recession very good question actually it's absolutely possible I land three director offers starting the beginning of the pandemic which is April 2020 all companies went into freeze hiring there's only 20 job openings out there but I was able to land four offers in total three out of four offers a direct level offer at the time I was just like like a group of managers I jumped into I even senior position when there's only 20 job openings in the market at the moment okay so what I mean is that definitely a possible here is how you pivot into senior manager position you first of all you need to increase the scope of work you need to do things out of your existing boundary you may only be responsible for one feature one small product how are you able to do a kick ass job continue to gain more responsibility to increase the scope of work number two you also need to be a master of like public speaking and presenting your outcome to other people most of the time your scope of work is very big but other people cannot see it that's kind of sad number three is that you need to start to do the senior PM's work which means senior PM start to mentor other people helping young people maybe managing interns helping young interns become a part leader within the company so those kind of leadership mentorship opportunities is very critical for you to advance your career as well alright so actually I published a new video regarding how I became a director was in four years there are eight steps I did you can follow the same eight steps as well so let me show you where can you find the free training cool let me go to my YouTube channel right here okay so this is my video I'm making another video regarding real life example of how to answer tell me about yourself now let me show you regarding promotion alright how did I become a direct product was in four years right here okay so eight things I did to become a direct product was in four years why you can make it happen as well those are the eight different things and I built to this free training and follow my step by step guidance so that you're able to achieve the same result as well and of course we also have a product leader um course and you are able to directly to learn how you are able to quickly become a product leader as well so um come to this I believe I'm sharing my screen right now okay so um we go to darknessy Lee there is the course on the services pma leader well pma pro pma leader okay so pma leader is the is the latest course we launched to help you to continue to get promoted as a senior product manager um and so this is what you do like different things part part of it okay so um go to the specific website and go to my website and click services and click pma leader that helps you to get promoted as a senior pm okay so go learn everything there and um you're able to receive lots of advice here and also join my um different kind of free webinar to get started right away for free okay so now let me answer the next part of the question so next part of question is so which industry we best apply for okay which industry really depends on your specific go okay so for example when I land my director offer I wasn't a director I was just a group put a manager so before I became a director I learned offers in e-commerce industry like it's a very different banking e-commerce um back to the telecom industry so I was able to land offers in multiple industries now in order for you to land a senior pm role in a recession my personal belief is that it's important to identify those kind of cash cow business okay you need to analyze which department what kind of business actually is doing very well during recession okay so those kind of industries I think they have much higher opportunities to grow okay so give you a realistic example for example way fear was in Boston so I used to live in Boston last week actually two weeks ago I moved to Miami so I know Boston company very well so for example in Boston way fear is a company that buy cultures or furnitures online okay company buy cultures furnitures online at the beginning of the pandemic their company grew through the roof significantly better significantly like higher the stock market went through the roof because everybody staying at home they cannot go out to buy furniture in the store they had to buy things like directly like online and lots of furnitures are out of stock then all of a sudden the company was hiring like crazy so during this upcoming recession um because we're gonna have double recession hey guys my prediction is that we are going to have double recession which means is inflation on top of like recession right now you can see how London that Europe is doing I think is extremely scary right now I think the more bad news is gonna happen in Europe right so in this upcoming recession you should ask yourself what kind of industry is recession proof what kind of industry is stable what kind of things that's very needed regardless is like huge recession or small recession okay so for example the industry I believe is super super stable or for example the cloud industry and I think cloud in general is doing pretty well in general so cloud industry is something I personally like the margin is also very high by the way and you should also for example telco industry and because everybody needs connectivity even during recession so um and other other industries who are more supporting people to actually like save money and optimize their finances and those kind of company will continue to grow very well and including for example like Intuit is Intuit have some like like turbo taxes owned by Intuit right so people will continue to pay taxes they continue to actually use like turbo tax regardless and same thing as like a QuickBooks is also owned by Intuit even if you're going through recessions all the businesses still need to do accounting okay so those kind of businesses are totally recession proof and actually we have alumni currently working for Intuit so there I know they're salary I know everything about the companies so they are they are unicorn in the in the industry they're doing very well okay so those are the industries I recommend all of you guys to go after and study okay and now and let me answer the next question um so next question does PMXRT guarantee a job after completion a very big question a very good question okay so PMXRT we guarantee that if you do not land a job within 90 days putting our strategies into practice you're going to get unlimited customized coaching until you land one so there's no stress you just need to follow the setback guidance for us to make you make your career success happen okay so and yes you have 90 days to like land your job after put your our practice our strategies into practice so that's our guarantee okay cool all right so to learn more about PMXRT here's need to do it uh so come here uh so this next question actually same thing okay so how to join PMXRT pro program um which is you go to our website docnancy.com um and go to our master that docnancy.com slash master class and then you're able to select the time that works the best for you to join the master class and stay until the end of the master class where we're going to show you different kind of packages how do we select students to join the program um so go learn about um how we execute our strategies how we help help help our students like fan plus offers and actually I paid up to a hundred thousand dollars per year okay so go to this website docnancy.com slash master class is able to get everything you need from us okay so now let me go back to um this question with this man so answer man's question um tethering's question um jenny's question okay so um jenny asks this question a pma leader does pma leader help me to get promoted okay yes if you're interested in pma leader go to our website show you guys earlier um docnancy.com slash leader you're able to join our free master class learn about how do we help you to get promoted and how you continue to advance your career as a senior program manager or direct product okay oh sorry senior product manager or group product manager so that's that's a go um but if you want to land a job you go to pma pro okay so if you want to learn a job you go to pma pro which is this master class um if you want to get promoted after you learn a job you go to this one in leadership okay so it's everything is on docnancy.com and select the right one that interests you one is pro one is leading a job one is leader okay those two okay select the one the most suitable for you okay now let me answer other questions submit live feel free to put your questions um in the chat so okay great so we have someone from LinkedIn asks this question what kind of jobs can one do after being a product manager for two years assuming don't have MBA very good question as I said you don't need MBA I still do not have MBA I got a PhD and my PhD was in material science that's irrelevant to like product management to be frank that's irrelevant to product management it's also irrelevant to um any like coding or technology in general okay so now what kind of jobs can you do after you being a product manager two to five years you can do two things number one you can directly become a group product manager so two to four years or you can first of all you need to be senior product manager before you become a group product manager okay so four years you can qualify for group product manager which means you start to manage other people if two years you need to get promoted as a senior very big gap okay so become a senior PM first and group PM okay with two to four years experience and after that you can also try to jump to fan companies so with two to four years experience that's a perfect time actually for you to jump to fan companies because fan companies in general they their title is different from any other companies let's say director in Google is equivalent of VP of any other companies so if you are product manager in Google it would be senior PM of any other company but Google pays you very well all my students who joined Google getting paid over 300,000 dollars that's no problem it's like even right now even Amazon getting paying people 300k right now so Google getting paid 350 I also have someone who joined YouTube getting paid 400 over 400 right now okay so that's a two pass in front of you senior PM or group PM or you jump to fan company to get paid more you don't need MBA as I said Peter said I've been pivoting my current role to take on PM PO type responsibilities because my current team doesn't have an actual PM how can you use this to get a PM role in a different industry okay great okay fantastic congratulations you already have done a PM responsibility that's fantastic so that once you are able to package your experience we can qualify you for even more senior jobs in different type of companies okay this is fantastic so congratulations now your goal is get a PM role in a different industry so what you can do is that you need to immediately repackage your experience because down PM responsibilities is likely we are able to like really package your experience make it sounds more real PM so you are you need to build your portfolio to understand what your impact when you conduct your like PM functions those responsibilities and then once you have your package ready you can directly pitch yourself to different industry now let me tell you how to transition into a different industry when you leverage your experience into different industry it's very critical you need to tell them your transferable skills and your impact you're able to get started immediately within the new company so doesn't mean that let's say you are in supply chain industry and you cannot join like B2C TicToc type of company right TicToc supply chain is very different but you need to identify when you run in supply chain did you run anything that's relevant to TicToc for example did you build a platform such as analytical platform to track the supply chain within your industry if so TicToc also has analytical platform okay so you need to connect the bridge between what you did before and what you did what you are going to do in the new company so that you're able to transfer your industry your past experience in different industry for example when I applied for director position I was able to land like a cloud I joined I used my cloud experience to join another banking company I was I came from at that time I worked for Verizon so I learned offer in banking industry because I know cloud very well okay so everyone use cloud nowadays so I was able to jump between any kind of industries very quickly so understand what's relevant to the new company so good job Peter cool so next question okay so Peter said you're in construction managing digital product for B2C very good if you're doing digital product for B2C industry that's very relevant you just need to find any kind of B2C companies who is running any digital product I think it's very relevant very relevant okay so if you have done digital product for construction industry but you're able to manage any digital product for any B2C I think it's huge transferable skills it's more about do you know how the package is started to sell yourself to show off your transferable skills okay so next question um Shirabi for product manager in cloud based industry certification AWS are must needed um is this a statement or is it a question which cities in the US are best for product manager job okay so here is my answer with cities in the US at best for PM jobs um San Francisco has the most job openings in general even if like pandemic people are living San Francisco um I have a friend I have a friend she used to work for Facebook and then she moved two friends one work for Facebook one work for Instagram but they're saying same company on the meta uh they both moved to Miami like me I also moved to Miami recently yes uh but San Francisco still has most PM jobs and out there okay so that's number one place I recommend people to land their PM jobs um besides San Francisco the second best city is like uh LA Seattle and New York so those are the hub okay of course Boston I came from Boston Boston have um uh like PM jobs as well but the number one is San Francisco there are lots of PM opportunities um Jeff Jeff things that I was co-founder um how can I add that experience to product oh fantastic so Jeffing fantastic okay if you are a co-founder of a startup that's that's the best experience personally speaking that's better than MBA so starting your own company is a mini MBA actually I personally believe that I see is even better than MBA basically you are applying the MBA strategies into your new job okay so I highly highly recommend the um like starting your own company now uh exciting news and we have a student who like um what's his name David so David our student David was an entrepreneur he joined META we also have students we'll say Lydian Lydian was also like an entrepreneur she ran her own company for like eight years she just said she got bored she was in the education space and then she joined another company at the C level it's crazy okay so yeah many many many like co-founder of another student Harvard he was also a co-founder of a company I say he CEO of the company and then joined another company at the p.m. so easy it can be done I this is the number one experience that's relevant to p.m. okay so how can I add that to product you need to as a co-founder quickly you need to first of all identify what you did in the past it's relevant to product management so how to identify that you should watch some free training on my youtube channel we I tell you what is was a rose and responsibilities our product manager what does product manager do so watch those three training so let me show you those free training and immediately okay so let me show you my youtube do do do do do do is is this here let's see it's here is this okay this is my youtube channel Now, okay, for all the videos, what does peer, what does parliamentary do? Here, here, here, here, what does parliamentary do in different like big tech companies and tech tech, supply chain, yada yada. So watch these two different, actually three, there are different videos. So watch those and you are able to learn what do we do in different companies and use those to identify part of your past co-founder experience, how much is relevant to PM. Of course, inside of PM, we have very in-depth training tissue, like GTM, how to write requirement, how to do customer segmentation with a customer persona, like how to design roadmap, that's more in-depth training. You can go to this website, darknancy.com to learn more. So select a PMA Pro. I believe Pro is more suitable for you, okay, for your co-founder background, okay? So learn this first, immediately. And then you start to pitch yourself as the chief product officer, whatever like a managing product and that's relevant for management in your startup as your startup experience. And then you start to tell others how much impact you had, launching product, managing people, building product and everything together, okay? So it's very, very critical. You should start to learn the first and then pitch yourself to other companies by showing off your product experience. Okay, so comment on the chat with any other questions now. Let me take some water. Awesome. Okay, cool, looks like we answered most of the questions, actually all the questions. We answered all the questions already, okay, great. So now, once we answer all the questions, here's what you guys do. Number one, I really want you guys to set a very clear goal. What do you need to do or what do you want to do in the upcoming like two months or three months or by the end of this year. So we still have one quarter left by the end of this year. You need to set it clear. Resolution regarding what you need to do and why you want to achieve such goal, okay? Write it down right away because if you don't write it down, believe me. Three months later, be like, oh Nancy, I sort of want to land a new job as a PM but I didn't and three months already passed. Time doesn't wait. Okay, so write it down immediately and also anybody who is interested in PM, etc, go to this website, docprinancy.com slash masterclass to learn more about how you land a job if you want to get promoted after you land a job you go to PMA leader, but PMA Pro are suitable for most of the people who want to land a PM job and also someone who want to learn was the best methodology to gain PM experience to master all the fan level PM skills. You go to this website docprinancy.com join PMA Pro and learn more, okay? Cool, all right. So thank you for joining me today and feel free to share this video with any product managers or product leaders who want to continue to advance your product career. Awesome, okay, great. So looking forward to see all of you guys in my last next live training, awesome. Okay, talk to you guys soon, bye.


This is JSA TV, the newsroom for data center and telecom professionals. I'm Dean Perine at JSA coming to you live from Metro Connect 2023 in beautiful Fort Lauderdale, Florida. And I am here with Mr. Chad Rodriguez. Chad is the vice president of Network and Cloud at Stream Data Centers. Chad, welcome to JSA TV. Oh, thank you for having me. Glad to be here. Thank you very much. And so for our viewers that don't already know, why don't you tell us a little bit about Stream Data Centers? Yes, so Stream, we've been in the business. We're actually entering our special 25th year. It's a big one. It's a big one. So we've had almost 26 developments across the U.S. We've had anything from land to developing and delivering fully fit-out and operated MEP facilities. Our current markets are Phoenix, Dallas, Chicago, San Antonio, Houston, Minneapolis. And we're growing and we're growing at a rampant rate. We're trying to keep up with demand and it's exciting times right now. Yeah, there is a lot of demand and we're hearing a lot about that demand at Metro Connect this week. So that's good. But so let's talk about connectivity because I know that it's a big deal. Connectivity within your data centers and IT empowerment. Why don't you tell our viewers a little bit about how Stream sees connectivity and ultimately the IT empowerment associated with being connected? Yeah, no. I'm actually a reflection of that and the investment of Stream Data Centers and how critical we see the role that it plays. So I've been in the telecom industry for over two decades. So I'm just over three years now. You look 25 to me, Chad. Well, thank you. I appreciate that. So just over three years now and it's, you know, it's conferences like this where you bring in expertise to where I've been on the other side. I've been a part of that network development. I'm now being on the data center side and having that collaborative conversations as far as, you know, what challenges, where is their demand? Where do, you know, new routes need to be developed? I was having a very cool conversation earlier today with the new low latency route being developed from Veracruz into Mexico City. And so it's having that, you know, skill expertise and just information exchange. And ultimately that's going to create the highway for, you know, a great end user experience, which is what we're all after. So, you know, it's a great industry. We all work together on the connectivity side, the IT side as far as end users in the data center side. Yeah, you know, you make an interesting case point for being here at Metro Connect because business is getting done. And we know that, you know, expansion only happens through some of these partners and some of this collaboration and your proof point of that. So very, very cool. Thank you. So what do you see as somebody who has been kind of on the outside and on the inside now? What do you see as some of the biggest digital trends within the industry? You know, I think the pandemic exposed some, you know, workload inefficiencies. Sure did, yeah. And that may be, you know, somewhat, you know, overused. But I think... It's nonetheless true. Yeah, it's true, right? And so, you know, some of the digital infrastructure investments we've seen over the past 18 months, I think will continue. In addition to that, I think, you know, we've talked about Edge for forever and you, everyone knows you asked a person you're going to, you know, 10 people are going to get 10 different answers. Yeah. I think that, you know, historically, those were customer driven sort of use cases, really not a go to market, you know, mass type deployment. I think there's developments and pretty bullish on with Edge computing and deployment entering into this 2023 in the near term as well. Yeah.  But when we talk about the Edge and getting those workloads as close to the end user as possible, the implications there are pretty dramatic with health care. Some of these, some of these other things, but also getting, getting our data centers to the edge of the energy, getting them, getting them right there too, because there's efficiencies and sustainability and a lot of implications there as well. So I love, I love that comment. I mean, the Edge is, it couldn't be any more important than it is right now. 100%. So, so, but lots of things going on over there too, with regard to personnel and your team, I know that, you know, big, big tech is kind of contracting a little bit right now. Stream, that's not happening. What's going on over there? You guys made some hires and things. We have, we've been growing.  It's been, you know, a very methodical, strategized approach, listening to our customers and meeting that demand. Early on, it was, you know, Fortune 100 Enterprise Base, which made up 90% of our lease capacity. We've adapted to demand. So really shifted a focus, you know, starting about five years in hyperscale and ultimate wholesale focus. And so with that, we obviously have to build a team to grow that. We've seen a tremendous amount of success, you know, over the past couple of years. And so you've got to build a team to deliver on what you've said you're going to deliver, which is what we pride ourselves on. And, you know, that's making leasing a great experience and delivering on what we say we're going to deliver. And then being a full service slate deliver as far as developer and operator.  So a full slate deliver. And we're really ramping up and just doubling down on that. Yeah, I mean, if your prediction is to be true, you're going to have to have the team to get that implemented. Right. Exactly. It all makes sense. But you also, Keaton made a very, very nice segue into my next question with regard to kind of the, your real estate expertise and how that ultimately plays into your current and future successes. Can you talk a little bit about that? Definitely. It's that definitely is a differentiator for us. Our parent company, stream realty partners, you know, commercial expertise and real estate to be able to tap into that level of expertise being in the same office when we're looking to enter in a new market to see where demand is growing, where it's lacking. You know, we bring that skill and expertise. Anytime we're doing a deal, stream realty is a part of that as far as identifying what, what the need is and what the best approach that is. I love it. And honestly, I saved my favorite question for the very, the very last question and you just mentioned skill and expertise. Now you, you have served in or are serving in the Air Force. I don't know if it's current, but why don't you tell us a little bit because I see it right now. I don't know what they're doing over there, but it's working. So why don't you tell our viewers a little bit about your, your, your service experience and skill and how you bring that to your current position. Well, thank you. I appreciate you bringing that to the attention and yes, proud Air Force veteran served my country and, you know, my boss and our newly announced partner was a former Air Force pilot. You know, just in the industry as a whole and veterans, just the laser focus of attention to detail, the understanding of teamwork, teamwork concept, you know, one team having pride in your craft. And so that really relays to day in and day out as far as, you know, being a part of the stream team and staying committed and prideful as far as what we what we're going to deliver. I love it. Chad, thank you very much for being with us. I appreciate your time. Thank you. Appreciate it. You bet. And thank you viewers for watching JSA TV. We'll see you soon.