Hey, Kevin here. Welcome back to Invisible Hands. Say, have you ever wanted to open your own artisanal flavored toothpick store? Sure, we all have. Being an entrepreneur sounds awesome, but what most people don't know is that entrepreneurship is also an extremely important part of any market economy. Finally, something that's actually fun. I'm glad you're excited, Fiona. So, Kevin, after I get out of school, I want to be an entrepreneur. Really? Yeah, that way I can be my own boss and be independent. That's great. You know, there's so much more to being an entrepreneur than just setting your own schedule. Entrepreneurs play an incredibly important role in the economy. Don't ruin this for me. Nice, actually right. And it's awesome. Entrepreneurship is about finding new and valuable ways to help people. It's about discovering opportunities, innovating around problems, and creating value. So I guess I should think about entrepreneurship not just as an activity, a job people can do, but as a whole way of thinking. Yes, entrepreneurship as a way of thinking emphasizes innovation, drive, and creativity. It's about having the vision to identify and discover unmet needs, and then acting to satisfy them. Entrepreneurs are both problem solvers and wealth creators. In the pursuit of profit, entrepreneurs combine the factors of production, land, labor, and capital to produce goods and services people want and need. It's risky because they only succeed if their solutions are actually valuable to other people. But if they are successful, that's how wealth is created. Let's talk about that. In economics, the idea of wealth isn't what most people think it is. It's just money, and like being able to hang out with Taylor Swift whenever you want, right? No, that would be cool though. It would be. Wealth is a measure of the value of economic goods, and as you know... Value is subjective. Yes, I know already. Exactly. So while money can represent someone's wealth, that's just an abstraction. Their real wealth is all of the stuff they actually value. Like my laptop.  That's just what you value. The food in your fridge, even your education. It's all the stuff that makes your life better. The important thing to understand is that wealth isn't something that just naturally exists in the world. It must be created. Wait a minute. What about natural resources? If food counts, isn't an apple on a tree wealth too? Well, no. Someone still has to spend the effort climbing the tree and picking the apples before they can be consumed. That work, planting, harvesting, gathering, hunting, arranging, building is how we create value. And entrepreneurs play a key role in value creation. Yeah, entrepreneurs create value for themselves by creating value for others. That's what's exciting about entrepreneurship. It's really important to me to earn a living by improving people's lives. That's good, because entrepreneurship is the essential foundation for economic growth. Really? That's a lot bigger than I thought. I'm not kidding. Societies that encourage entrepreneurship through economic freedom tend to see much faster growth than those that don't. Plus, entrepreneurial discoveries and insights build on one another to create new and better products and processes. Entrepreneurs can even create entire new industries.  Thanks, Steve Jobs. In fact, entrepreneurship evolves so quickly that by the time you're watching this, that phone is probably obsolete, too. True. And that also creates opportunities for entrepreneurs to make other products and services like cases, screen protectors, and apps. So entrepreneurship creates opportunities for even more entrepreneurship. Yes, and it's an ongoing process. Societies that embrace entrepreneurship allow the old industries to get replaced as entrepreneurs think up new ones. Each time this happens, it creates more jobs, produces more wealth, and allows individuals to exercise their creative talents in totally new ways. Like how I got to make videos on YouTube for a living. That wasn't even possible only a handful of years ago. That's what economist Joseph Shumpeter called creative destruction. Old jobs and industries are destroyed whenever entrepreneurs create new and better ones. It's like the market's own circle of life. Now that I know how important a role I'm going to play in the economy, I'm ready to get out there. Can't wait to be my own boss. As an entrepreneur, you may not have a boss, but instead, if you're successful, you will have many, many bosses. Your customers. In a free market, your customers have the power to choose whether or not to buy your products, and at what prices. And that's what creates the right incentives and gives you the necessary information to respond rapidly and effectively to your customers' needs. It sounds like you're saying prices, profits, and losses are actually signals that tell businesses what to do. That's exactly right. Those price signals, how much people are willing to pay for your products and whether or not you earn profits or losses, are the feedback mechanism that will tell you if you're doing a good job creating value for other people. But remember, that's only possible in a market where you and your customers are free to make your own choices. By the way, what's your business idea? Artisanal flavored toothpick store. What? I'll be your first customer. We think entrepreneurship is a good thing, and it is. We should encourage more entrepreneurship by celebrating entrepreneurs and encouraging economic freedom. So what about you? Do you want to be an entrepreneur? Leave a comment telling us what business you want to start. Learn more about entrepreneurship at courses.feed.org and check out the Foundation for Economic Education for tons more resources on how entrepreneurial thinking can radically improve your life. Even if you don't want to start your own business. Thanks for watching!


First one out of the jig looks pretty deadly Welcome back to the channel y'all We are here in the cave right now getting ready We're getting ready to go back down to the deer least to go archery hunting again And I have some interesting Developments, so maybe you've already noticed this if you were watching really closely, you know I was I was really disappointed after I'd missed the deer twice with my My trad bow when I got home. I was just man. I was kicking myself I didn't get a deer the whole trip. I got sniffed out with my compound And I really just got to thinking when I was home like God, how did I miss that bad? And then I was editing the footage for you guys and I saw That as I was shooting my arrow. I was paying such close attention to the deer And I could not film from directly behind me I didn't have enough room. I couldn't film the deer was awkward I put you guys off to the side in the corner Which was a blessing because then I could see that the back of the arrow hit the blind and it rickshade up and That gave me some hope that I don't suck that bad even though my second shot I still missed but watching that as well the deer ducked a ton and I actually would have hit the deer. I would have hit it forward still was not a great shot But I would have hit the deer forward in the shoulder and it actually ended up hitting the fence and then rickshank up So no injuries. No tracking deer. No disappointing thing like that. But when I got home, I started shooting arrows shooting dozens and dozens and dozens of arrows and I figured out some things on my form and Just drilling the target guys. I mean really getting good groups feeling confident nailing a tennis ball at 1215 yards. I mean Really making some of the best shots that I've ever made and being able to do it consistently with some form so The only problem is as I was shooting I heard a little tick heard a little tick in the bow and That bow is compromised. So made an emergency repair Emergency repair mama wrackley she helped me Sew up some rawhide learned this little tip from clay. Hey shout out to clay haze on YouTube Makes a lot of great bow making videos and tip videos And shout out to my mom for helping me sew that up. So I put that on there this morning Rawhide usually takes a while to dry out get all the moisture out but Hopefully it is this one's gonna be ready. If not, I made a backup I have made this about a month ago started working on it and finished it a few weeks ago Just right before the season because I thought maybe a bow will go down because a lot of my bows have broken I cut the shelf into the wrong side. It's kind of Frankenstein thing. Whatever But it's my first kind of semi-recurve with the Osage and it's 45 pounds 26 inches My draw is really at 27 to get that good hold pulling this bow a little harder than I should But it is very very quiet and that's what I love about it I guess because it's it's recurved and it's just so tight there at the You know at rest basically made a string for it last night. This bow is ready to go Except for the arrows the arrows that are shooting assume shooting the same ones out of both bows And that doesn't work a lot of times with bows arrows behave differently between different ones I had to experiment finally came up with an arrow that works It's a 45 to 50 spine with a 125 grain tip on it It's just got that nice flex it goes around the riser nicely. I don't know the bow likes it The only problem is I only have a few of those arrows so We're making some more right now don't have time to even put a finish on these arrows I'm gonna put a little a little bacon grease and some wax on them Just kind of go old-school and we're just gonna cut them here tonight and take them to the least very last minute But hopefully these will get some fresh blood on them soon. All right guys, we don't have much time I need to check cameras Well, we're gonna try to go after that six-pointer again with the treadmill We prepped some arrows last night got everything ready came out here. We've got about 15 minutes until we need to rush into the deer blind. It's time to string this up for the first time since it's cracked And see if our repair is gonna hold Okay successful bracing Here any cracks? This is the test right here is when I hold it back. I worked on my shooting a lot when I got home for missing and I Really feel like that hold is important to me. I've got to actually like counting out in my head almost. I heard it Did you guys hear it? So crack was here it went it started to go below Now it's down. It's down here That's not good. I swear half the battle with this thing with this challenge is He's getting a bow that won't Break. I don't want to stress that any further than what it is. I'm gonna grab the other bow This bow is Powerful out of the gate. I mean, I basically hit the coffee cup right there And I'm hoping you guys were listening because I didn't hear much on that one It's close enough. I Like that you can barely hear this bow This buck went down. Oh lucky. I got so so lucky guys It was a little six-point battle there But I've definitely seen this deer. I've seen both of those deer before Both of them were a Cobuck I wanted to get last year and just they just never came back around But I was patient and it worked out guys. It worked out my first buck with the self bow.  I know he's not a giant But guys I'm gonna tell you this is a bigger trophy to me Then shooting that ten point or the nine point that I was looking at or any of these other You know hundred and forty plus inch deer out here starting to dark.  The hogs are all up in this this area. So I'm gonna get out of here for it It's too dark. Oh My gosh, I could kiss you elated right now. I could not believe That I am standing next to a buck That I got with a bow that I've made myself Accomplished the goal man. I can't believe it. We got so lucky too. Thank you I just clipped along after I recovered the deer. I went back and I found the arrow so the tip is broken off in there We got a little more penetration than I thought we did But you know staying up late last night making these arrows it really paid off because the other bow that I wanted to hunt with ended up cracking and I had wanted to make sure I had a backup This right here. This is my trophy. It's not a big set of antlers. It's the memory It's the memory of that hunt. It will be ingrained in me forever Even if I completely miss that deer again, that is the closest I have ever been to a whitetail deer That smaller six point was seven and a half yards. I've ranged him He was 11 and a half so I Just got lucky guys. I got unlucky that the little one moved off You know, he kind of heard something then he got around the blind smelled me and moved off but this guy kind of moved in took his place and gave me a shot opportunity Wasn't a great shot wasn't the shot I imagined again. It's like Everything kind of goes out the window in the moment. It's part of it that I love It's there is nothing else going on in the world at that moment but your heartbeat that deer and just focusing on the situation and I was close enough to You know get a long shot and what a journey man. What a journey from learning how to make the bow learning how to make the arrows to match the bows obviously shooting and Just learning about all of the tradition That goes along with it You know, this is a huge accomplishment for me a couple of hunts ago I wasn't sure if I was even gonna be able to do this again during the season My confidence was a little thrown off, but I'm glad I got to review some footage see that It wasn't all me. I my arrow hit the blind that first time and It gave me some hope to go back after it. So Better smash that like button for this one y'all. This is a huge one for me And I'm gonna continue archery hunting the rest of the season I'll probably go after some other bucks with my compound give myself some other opportunities I'm gonna be doing some traveling to some other places, too I'm going to sleep so good tonight. This has taken so much dedication To be able to to make this work make this happen to give myself a chance But I want to continue getting better at it so that When a big buck comes around one day and I've got a trad bow on my hand I'm completely confident, but we got a little bit lucky this time and that's okay with me That happens sometimes in the outdoors and I'm fine with it. So Great management buck as well that seemed like those dear brothers to six points this one I think just a little bit older Maybe you're older than the other one. I'm lost for words guys. Thank you for tuning in. I'm gonna go Clean this buck. I'm gonna take his hide. I'm gonna take his sinew and of course the meat and just really enjoy The whole experience of this traditional hunting. So if you guys want to get into it I will say it is it is difficult, but so So rewarding just shooting the arrows is really fun But being able to go out there and hunt with the bow that you make is really something special. So thank you guys for tuning in to all my outdoor adventures and And these hunting series. This is really something I enjoy making for you guys Subscribe to the channel if you haven't already And I will see you guys You


Hey guys, what's up and welcome back to the daily Disciple channel? My name is Isaac and this channel is really all about helping you become an authentic inspired and passionate disciple of Christ and Today we're gonna be jumping into the topic of how do I change? How do I change? Like that's a big topic. How do I change as a person because we're always talking about look Hey, you need to change this aspect of yourself. How do you change this? You need to change this aspect of yourself, you know You need to be nice or you need to be kind of you need to be happy or you need to be like But how do you actually change? So there's been many theories in the history of the world and more recently on how humans change So there's a guy named BF Skinner. He was in the you know beginning one of the founders of kind of a Psychological thought and he kind of came up with this idea of behaviorism or a form of behaviorism in which you apply positive and negative reinforcements to reinforce a Behavior that you want it. So let's say I wanted a dog to like walk through a hoop or something like that Maybe I would have you know, I coax him to go through the hoop and every time he went through the hoop I'd give him a treat right and that's a positive Reinforcement so even though that seems a little bit out there. You're like, okay What does this have to do with how do we change as humans?  But when we talk about change in a biblical context, I think honestly, we should start at this idea of justification So justification is when you come to face faith in Christ when you are justified Based on Jesus work on the cross your sins have been paid and now that you are in Christ You're born again by the Spirit of God. You're on this path of sanctification And sanctification is this idea of Progressive change so you're gonna continue to change to become more like Jesus important verse here from 2nd Corinthians 3 18 and we all with unveiled faces holding the glory of the Lord are being Transformed into the same image from one degree of glory to another For this comes from the Lord who is the spirit. You see we're being transformed into the likeness of Jesus, but not by our own Strength and power and will but by God so you can see the difference between these two kind of models One is really looking to this kind of like a methodology Of really change people using these reinforcements to change people. It's method. It's a tactic You want to be effective and changing well sanctification is not it's not like we're just instituting all these different methods and Tactics in order to get ourselves to become more like Jesus It can't be out of our own merely our own will because it wasn't out of our own will that we came to Christ Anyway, it was Christ drawing us to himself through the power of his spirit and it is continue And it continues to be his holy spirit that continues to form us into the image of his son So that's why I want to really caution you when you think of when there's people that say, oh look, you know Get get more sanctified real quick use these special tactics, you know because it's a lifelong Process, it's a lifelong Dedication to being a disciple of Christ through the power of the Holy Spirit. He begins to transform us So there's a couple things here that I want to keep in your mind as we're talking about sanctification I just want to encourage you with a couple things here as you're walking along this path of Sanctification and changing into the image of Christ through his transforming power So we have a verse here from James 1 5 if any of you lacks wisdom You should ask God who gives generously to all without finding fault and it will be given to you See wisdom is so important to ask for a wise person Will seek and hunger for righteousness and will turn aside any Kind of selfish desires or selfish motives and we want to be wise We want to be able to discern those things and continue to follow Christ So the first thing is ask second thing is seek and we have verse here from Psalm 910 and says seek the Lord And his strength seek his face continually. I Want to just encourage you That if you are If you're struggling to maybe read your Bible if you're struggling to pray I want to just encourage you that is through Relationship relationship with others relationship with God that God will begin to change us And if you feel kind of like in a dry season like you're just kind of stagnant in your faith Like you're not hot. You're not cold, but it's just kind of like ordinary I want to encourage you Seek God seek him seek his face because through that relationship that is the means by which God will continue to transform That's how he'll change you. So I want to encourage you seek Jesus from Proverbs 3 5 to 6 trust in the Lord with all your heart and lean not only on your own Understanding in all your ways submit to him and he will make your paths stripped You see there's a lot of things in our lives that aren't going to be easy fixes as much as we want to change and look like Jesus right away. We want to just everything to work out Perfectly in our lives and all our sinful tendencies to be reversed and all our are pulled towards selfishness and But the facts are we're going to become discouraged because it's not easy It isn't easy We're always in a battle, but what God doesn't want us to do is trust in ourselves Trust in our own will to overcome these things. He wants us to trust in him He wants us to trust in him and his power to help us overcome sin and follow him and Follow him in that process of sanctification. So continue to trust Christ to help you overcome Sin so what I want to leave you with is this idea that God wants us to change He wants us to change But he doesn't want us to be looking to all these different kind of behavioristic models of change like that. We're gonna just kind of Transform our behavior by our own will true Transformation of the heart at the heart level can only come by the power of God so that's why we need to stop looking at quick fixes to Changing others and changing ourselves Trying to fix our problems with just these quick fixes or We got to be looking to Christ We got to be looking towards him Because he only has the power to transform our lives So I want to encourage you to continue to ask to seek his face and to trust him to continue to change us Into the image of his son if you guys like this video if you like the content that we cover on this channel Be sure to subscribe and like this video Share it with your friends if you find any one of these videos particularly helpful And leave a comment down below with your thoughts on this topic I know it's a big topic But I think it's an important one because we want to be following Christ's authentic Disciples and sanctification is a big part of that so if you have some thoughts on that Let me know I'd love to hear them and I'll be back next week with another video. See you guys then


Welcome traders to another Tick-Nall Charter with me Patrimonial. We want to take another look here at Stirling Yen. We're on the 4-out time frame now and we have prices testing, the projected ascending trend line resistance from the pitchfork set up here, watching for prices to fade towards 157, then looking for a pullback into a potential wave 4-low in around 155.50. Watch for bullish reversal patterns there, set long positions, targeting a 5th wave extension up above 158. As always traders, plan the trade, trade the plan and most importantly manage your risk. Until next time, thanks very much.


The National Chairman of the All Progressive Congress, Senator Abdullahi Adamo, on Tuesday expressed anger over the new leadership of the National Assembly announced by the Senate President Goswil Ababio, and Speaker of the House of Representatives Tadjudin Abbas. Adamo said the party was not officially informed about the sharing of the offices, describing the report of the emergence of Principal Officer Asad Roma. The party chair spoke at a critical meeting of the National Working Committee and APC Governors, and the party secretary in Abuja, asked after the Senate President, named Ekiti Central Lomika Kweyemi Bamidili as the 10th Senate Majority Leader. I had a courtesy call on Saturday by the President of the Senate and his deputy. And the following day, which was Sunday, I received a visit by the speaker and the deputy speaker, you know, coming to be for Salah Homage, and I pre-heated that. But I'm just here in the room now from the, what do you call it, online, online, that there have been some announcements in the Senate and the House of Representatives. The National Head Quarters of the Party of the Committee has not given any such information or communicated anything about the choice of the remaining offices until we formally resolve and communicate with them in writing, which is the normal practice that has been here before we ever knew we would ever come here. It is not our intention to break away with tradition. And so whatever announcement is done, either the President or the Deputy Speaker is not


It's going on everyone Sam here late in sports cards They're been one box of 21 22 penini select basketball each two for faying C. So good luck here fang See what we got buddy. Good luck Yeah Fred Van Vlee I'll say absolute nowhere my house McBride honestly Mobley rookie Desmond Bain RJ Barrett court side. There's a Trey man disco concourse silver rondo disco Alfred Peyton Silver LeBron premier level nice one there Scotty Barnes rookie Julius Randall Malik Beasley on the red from your level 42 out of 49 and Keon Johnson that'll do it for your break there fang. Thanks again for jumping in buddy get those right out to you


I was asked to say something about the quality of life in Chinese cities, but I was trained in economics, so maybe I have more macro view on the issue rather than more micro view. I think since the reform in the late 1970s, China's mainland has experienced a fast urbanization. The level of urbanization increased from nearly 20% in 1982 to almost 50% last year, so in the past 30 years maybe level of urbanization increased by 1% percentage point per annum. But the issue is whether the cities make the people's life better. I think the theme of the 2010 Shanghai Expo is better city, better life. The exhibits and the forums of the Expo made some further inquire into the question of what kind of cities make life better. There were many discussions. I'm afraid I don't have time to go to the details, but in fact prior to the 2010 Expo, there have been some efforts to measure quality of life in Chinese cities. The government ministries, they have initiated projects to measure quality of life in Chinese cities from different perspectives. Such projects include national livable cities, national healthy cities, national civilized cities, national model cities for environment protection, national model cities of smooth traffic, et cetera. There are many such government initiative projects, but in addition to those projects, universities and research institutes have also been involved in the study of measuring quality of life in cities. The news media reported several fundings of different projects. I'll go to the detail, but the problem is different projects gave us different ranking of cities of quality of life. This illustrates that the ranking to a large extent depends on how to measure quality of life with different sets of indicators and weights. Therefore, the measure of quality of life in cities, like the measure of the so-called carrying capacity of land or something, remain in the precise stage. I want to say something about the quality of life and urban density, the quality of life and the urban size and the quality of life of inclusive lives of urban development. The biggest issue in China is how to watch the urban development strategy, whether we should give higher priority to the development of larger cities, the medium-sized cities or the small cities. In the 1980s, the government gave higher priority to the development of small cities and the towns. The small cities and the towns cannot create many job opportunities in the service sector, and there's no economic scale in productive investment and infrastructure investment. So now the government's strategy is to more balanced development of different sides of cities in China. In many surveys of happiness, the biggest cities in China, like Beijing and Shanghai, were not the happiest cities in China. But the young people, they still prefer to go to Beijing and Shanghai and Guangzhou. I think because there are different dimensions of happiness, in big cities you have better opportunities, more opportunities, but on the other hand you have more stress, more expensive living, so people have to make trade-off between different dimensions. And I want to say something about the quality of life and the inclusive development of cities. There are another two minutes, thank you. Two minutes? Okay. In China, I think one special feature is the household registration system. So the city growth in China is dominated by the so-called pattern workers in cities. So in the 2010 census, it reported that there were 220 million migrants in cities. They don't have household registration there. So they have no access. They have less access to public services such as schooling of their children, public health care, and they have less access to social insurance programs and labor protection. So many scholars call the urbanization in China the quasi-organization or the shallow-organization. So I think this is the problem of future development of China. So maybe in future we should make the city development more inclusive, more vital, innovative, and more sustainable. I think I should stop here. Thank you.


Hmm. Hi. It's time to talk about some FPU. Hello everybody and welcome back to my channel. If you haven't been here before, let me do a little recap about myself. My name is Emily, I am single and I live in Minnesota. I am currently on baby step 3B, which means that I am saving for a down payment on a home. I have decided to join FPU and go through the course study. I understand that most people that join FPU are usually on baby step zero one or two. I'm just a little bit unique where I am on 3B. However, I am just showing my perspective on what I learned as a single person. FPU, I feel, is geared a little bit more towards the married couple. I just like to share from my perspective as a single individual what I have taken away from the classes every single week. So without further ado, here is week three review. All right. So week three, we learned about cash flow planning, essentially budgeting and then also like telling your money where to go and all of that good stuff. Actually, as soon as I'm done filling this, I'll be doing my February budget, which will be up on Wednesday, but this is coming up on Friday.  So anyways, I film everything out of order. And if you guys are long-time subscribers, you already know that because I have a really traditional job. So I only get the weekend to film and that's it. So yeah. So anyway, we really just learned how to do a budget properly. So my takeaways from this class is that you need to feel your money. And what that means is working on your cash envelope system. I do a version of the cash envelope system. I will leave my video link below for you guys. It's my most updated version of the cash clip system. And I'll just leave it below. You guys can take a look and see. Dave really hit on like the pain sensors and like talking about that we have no issues going to the ATMs and just taking out $20 at a time, $20 at a time, $20 at a time, and not really recognizing that that's actually coming out of our account. But if we're paying a $20 bill for things and services that we're going to feel that a little bit more. And then if we use a cash envelope or a cash clip system like I use, once the money is out of that envelope or that clip for the month, like you're done. So it's really registering that and making your brain think a little bit differently when you're going through the grocery store or you're looking for clothing or buying other things in your daily life that are going to be in those envelope systems. Also, I've been doing budgeting for quite a while. As you guys know, if you've been watching my channel for a while, if you haven't been watching my channel for a while, I am heavy into budgeting and I do a budget every single month. And another good takeaway is that it really takes 90 days to get good at your budget because you're going to forget things and that's okay. It's fine not to be good at it right away.  With that said, don't be afraid to fail.  The biggest lesson is just do it. Just sit down and do it.  One of the next like key takeaways that I really resonated with me is that your budget probably isn't as scary as you think it is. I have gotten numerous emails of the last about 30 days asking if I will help people do their own budgets and things like that and unfortunately I'm not a place where I feel comfortable doing that for anybody else. I just love sharing my experience of my story and what I am doing personally but if you would like to talk to somebody about it, you could talk to a financial advisor, you could just talk to a trusted family member or friend. Also, something that keeps me motivated is listening to the Dave Ramsey podcast. I just downloaded on iTunes and I listened to it in the commute in my car on the way home and on the way, you know, back from work at like two and from because I have a really long commute but I am not a pen to position to be giving any financial advice. However, I just love sharing my story with you guys. So just getting started is key and your budget probably isn't as scary as you probably thought it was. I know when I first started actually putting pen to paper, I thought it was going to be way scarier than it actually was and even if it is scary, that's okay because now you're actually looking at it pen to paper in black and white and you can see what you have to do to get through to the other side. The scariest thing about is actually not doing it at all.  So if you're trying to pay off debt, if you're trying to save for something, you know, whatever you're trying to do and whatever your goal is, whatever baby stuff that you're in, it's probably not as scary as you think and there's always other opportunities to either make more income or cut things out of your budget that you maybe don't even need.  Whether your budget for going out to eat is $20 a month or maybe $0 a month right now or maybe it's $200 a month. That's okay. You get to decide where your money goes.  I'm going to really control that category and look how much money I'll have left at the end of the month or look how much money I can put towards my debt or towards my savings or towards retirement or whatever, save for that vacation.  So those were all of my lesson notes for this week of what really resonated with me. This week, I actually have to use the FPU budget forms, which I'll show you guys, it's over here. As you all know, if you've watched my channel, which I've already referenced to a few times, I do my own budget in a different like planner thing. So I'm going to bring that to class, but I need to do the budget like in the back of the book. So I haven't actually done that yet.  So I am going to use some of those in my financial piece workbook. I did talk to my coordinator and I said, hey, do you want me to actually like do the budget in the workbook like on the day forms or can I do my own form? And she said, no, do the day form. So anyway, I might actually download a couple of the forms online and then just print out a whole bunch of them and then just like work it into what I'm already going to be doing for February anyways. So yeah, that was my experience on week three. So that was a short and sweet little recap of week three. I'm really excited that we're finally talking about budgeting and that's awesome. And I don't know what week four has in store, but I'm excited to start learning and I can tell that some of the other members of my class are kind of like clicking and getting it. Some people that came in and had no idea who Dave Ramsey was and stuff. So it's really kind of cool to talk to the other people about what they've been doing differently in their lives. A lot of people said this week that they cut out cable or have been, you know, thinking about cutting out cable. So they're going to start doing that. I shared my experience where I've been shopping at Aldi recently and that's been saving quite a bit of money in my grocery budget, which has been awesome. And a lot of other people have said that, you know, they do the same thing that they shop at Aldi for a lot of the staples and then they'll supplement with a, you know, bigger grocery chain if they need to for other things, but that Aldi has really good prices. So I mean, when you're feeding a family of four or a family of five, it makes a huge difference in your grocery bill and also talking about the power of saying no, saying no to yourself as an adult individual and then also saying no to your kids, you know, you know, hey, you're not going to get the big lavish birthday party and you're not going to get those big huge gifts like maybe we've done in years past. We're trying to do something different to change all of our lives. So it's been really cool to just like listen and learn from other people. So anyway, I'm going to wrap it up before this gets too long. I just like to give you guys a little bit of an update every Friday. By the way, I'm going to now be doing Friday videos. I'm going to call them financial Fridays. Whoa, I'm so creative with my words. Anyway, I asked him on my plan with me is I think it was last week's plan with me. If you guys be interested in a financial Friday and all of you said yes, that you would like a more kind of like structured Monday is always a plan with me Friday to be more geared towards financial. So for the next few Fridays, I have nine weeks of this class. So I have a few more weeks left into I believe March, like the second Friday in March, I will have all of these FPU videos up as well as my Wednesday video will just kind of be whatever this upcoming Wednesday, which is going to be in the past for you guys watching on Friday is going to be my February budget. But my Wednesday video is just kind of going to be whatever it might be financial, it might be planning, it might be home, it might be decor, it could be just a vlog, a travel. I don't know what it's going to be, but to kind of have it more structured on my channel a little bit. So if you love financial videos, I'm going to try to put out a financial video every single Friday. So make sure to subscribe if you haven't already. So anyway, I'm going to let you guys go. Thank you so much for hanging out with me for a little part of your day. It means so much to me. If you guys have any questions about FPU or financial piece university, I will leave the link down below of where to find more information on the Dave Ramsey program. If you're not interested in taking FPU but want to download his podcast or watch some of his YouTube videos, I will leave the link to his YouTube channel down below as well. So anyway, that is it from me. I hope you guys are having a wonderful day no matter where you are and I will talk to you all in my next video. Bye guys!


Welcome to JSA TV and JSA Podcasts, the newsroom for telecom and data center professionals. I'm Barb Mitchell coming to you from ITW 2021. Joining me today is Ravi Mahalingam, SVP of International Business at HGC Global Communications. Cliff Tam, VP of Global Data Strategy at HGC Global Communications and Henry Cheng, VP of Global Data Business at HGC Global Communications. Welcome. Thank you so much all of you gentlemen for joining us today. Thank you. And welcome to our viewers to JSA TV. We're going to start today with a question about the digital economy. I mean what better way to start, right? It's a hot topic, you know, and we I think are aware most of us now that the telco digital infrastructure is a critical enabler of this, of the digital economy. So I'm curious if you wouldn't mind Ravi telling our viewers what HGC's role is in tackling the challenge specifically of closing the digital divide in challenging or less developed markets. Thank you, Barbara. Yeah, I think to start things off, you're absolutely right. The digital economy has been accelerating as a result of the pandemic. We are learning new ways of how we deliver services to our consumers and all these enabled because we have the infrastructure available. So as a telco, we've been in the industry for 20 years and what we're seeing now is unprecedented in terms of making these services even more available to the domestic and also to the international customers. And we as an international provider for all these years, we've provided that network inter-connected network among all the carriers. This has been the base for us to expand digitally to reach to new areas. So we have been known in the market to sort of globally present but we have always put ourselves out there. Just like our motto, we say we've got your back, we look out for where the demands and the problems are in the emerging market in our back area, which is in Southeast Asia and Asia. And in this space, in the digital economy demands, a lot of needs from corporate and also from internet companies are screening up where they need to get their eyeball and reach and content even closer in Vietnam, in, let's say, in the, in, in Vanabato Island, for example. So all this is where we thrive and provide that extra mile to find a one-stop shop solution to solve it for this client. And what do we do here is in two space. One is on the infrastructure. It's just not enough for you to have a point of presence in, in their capital or a couple of point of presence. You need to be able to also reach to even closer to where the eyeballs or the internet exchanges are or you may need to be able to have a fiber extension to a data center in another city, which would improve the latency, which my colleague Cliff will explain more about. So in that space, infrastructure is essential and we're fortunate enough for in ADC. We think one or two steps ahead, not only just a point, a point B solution problem solving, but we also look at how can we serve the customer even further by providing them options. So this is what we do and we've done this quite well in later, Cliff will give some examples. The second one is in the area of platform. So fine, we've got the infrastructure reach ability solved, but that doesn't solve the problem yet. You need to have the right platform in order for us to serve the need and the demand of the client. So a content provider company who's streaming who needs to reach to their client needs a CDN option or they need a eyeball option, but a client that is in the corporate side who's rolling out a call center in Philippines may need a quick cloud platform or co-location hosting on as soon as possible. So this is where our system integration side and also our corporate ICT area thrives and Henry would give some examples, including cybersecurity. So all this ecosystem we are learning through and pushing through COVID and it's not easy with all the restrictions, but we are seeing the demand and we are serving those demands and we have had some success in serving in this space in the in the past 12 months. Yeah, thank you. And I think that you set Cliff up really well here for this next question, because as we think about what's driving the growth of the digital economy, we think about the explosive growth of applications like gaming, IoT, streaming, and others that are really driving the requirement, the need for high broadband low latency infrastructure. So Cliff, would you be able to tell us how HTC is transforming business with 5G enabled edge infrastructure in places such as Singapore and the Philippines? Yeah, sure. We see that with 5G advancement, actually most of the applications are pushing to the cloud and also they are pushing to the edge. And as a service provider, our primary objective is to help our customer no matter OTT or content provider to improve their customer's quality of experience end to end. We are looking at different verticals that they are requesting for these kind of services like you have multimedia, OTT, smart city, or even gaming. For example, we launched our iBall as a service in Singapore February this year in order to help them to reach those iBall in the market. In reach, we cover 100% of the iBall via MNO, ISP, fixed network, or Internet exchange in Singapore. We are actually helping some gaming or OTT customer from China, from US, to reach those iBall in Singapore and also extending to Southeast Asia. And the latency is less than 10 milliseconds, which improved greatly their end user experience. And as I mentioned, gaming is a big market actually in Asia. The top 10 countries plus China represent 50% of the gaming market in the whole world. And they are still growing at a double digit every year in the coming five to 10 years. So we are aiming to serve them better. That's why in August this year, we also launched the iBall as a service in the Philippines, in which we cover more than 90% of the iBall. In the gaming industry, they understand very well that it's very difficult to reach those iBall in the Philippines. And we are just adding in another hundred million iBalls in our portfolio, which is very beneficial to the end customer. Having said that, this is not the end because we are rolling out more country for the iBall as a service. More than that, we are providing some IP analytics to analyze the traffic, the trend, and the future demand of the iBall in the region so that we can help them to prepare for their growth in the future. In terms of the provisioning in the past, we are talking about weeks and now we are talking about days of implementing the iBalls for our customer. And we hope that we can bring it down to hours so that even for the most difficult iBall in the region, our customer can reach it just with a click of a button. So this is where we are trying to improve. And I think this will be never-end because of the higher resolution, more content, higher demand of all the end users. Well, the growth is just astounding and your response to it is impressive really. And it really, you start to think about things like with all this growth, you know, I know a lot of people are thinking, well, how do we keep this secure, right? And so cybersecurity continues to grow in importance. I know this is key to HGC's vision of a connected world and has been an increasing focus for the Southeast Asian states as well as really all of Asia, driven by the need to balance the opportunities that are coming forward from the digital economy with the increasing sophistication of cyber threats. Henry, would you mind talking a little bit about that and just, you know, educating us a bit on HGC's 360 degree approach to protecting the digital assets within Southeast Asia? Sure. Cyber attack is constantly evolving. The COVID-19 pandemic has accelerated digital transformations, which has already opened an opportunity for cyber attack, like when somewhere business email compromised. So HGC is providing a kind of comprehensive security platform to provide the customer digital access, live phishing services, email detail and response, NDD doors, endpoint device detail and response. Also, we will provide a seven time 24 hours SOC service for the customer to understand the, say, the situations and also we will provide a kind of instant response and also report to our customer as well. Also, we will provide some of the panoramic surface to our customer, for example, security orchestrations, automation and response to our customer, which can, based on their customer, say, the workflow and also their own logistics to have some tailor-made solutions for them. Nevertheless, training is important because this is good for the customer to go through their know-how and also improve their skillset to aware of the cyber attack. So we will provide different kind of, say, training course to our customer. For the general staff, we will provide a kind of cybersecurity-aware training for them. For some of the technical staff, we will provide an in-depth training to them to let them know how to handle the cyber attack. In the nutshell, HGC will want to provide a kind of, say, one-stop shop service to our customer to protect their digital access. It's very reassuring to know that you're, I mean, so prepared and so well-equipped to manage this and to, you know, get ahead of it really, especially amidst all of the growth that you're undertaking and supporting, really. So for our viewers who want to learn more about, you know, what you've shared with us today, Ravi, would you mind telling us where our viewers can go for more information? Yeah, sure. Look us up on the internet, www.hgc.com.hk. We have the full integrated galco view of our business. Click on International and if you need something about what we've just spoken. Otherwise, browse through the whole website, the host of information there. Okay, thank you. So hgc.com.hk. Thank you so much. Thank you so much, all of you, for your time here today, Ravi Cliff and Henry. We really appreciate it. It's always a pleasure to speak with you and to hear what's the latest at hgc. So thank you and thank you, viewers, for tuning in to JSA TV and JSA podcasts. Happy networking.


In this presentation, we will talk about the cash receipts journal. The cash receipts journal will be used when we have cash receipts when using a more of a manual system or a data input system that we will be doing by hand as opposed to an automated system. It's still useful to know the cash receipts journal if using an automated system for a few different reasons. One is that we might want to generate reports from an automated system similar to what we would be creating in a manual system for a cash receipts journal. And two, it's just a good idea to have different types of systems in mind so we can see what's the same and what is different between different accounting systems. The cash receipts journal will be used for every time we have cash receipts. So the thing the transaction triggering a cash receipt will be when cash is being used. And we're going to have a little bit more complexity in a cash receipts journal than something like a sales journal because we may be receiving cash for multiple different things. Note that the main thing we will be receiving cash for most of the time is going to be something like sales if we make sales consistently for cash rather than on account. Then that would be a great use of the cash receipts journal because we can have just two line items and record those two out here and then sum them up at the end of the month or the other common transaction would be to receive cash on account the other side then being accounts payable. But there are other types of things that we can be dealing with with cash and those things were typically going to put into the other category when dealing with those items breaking them out then at the end of the month when we do the adjustment or the journal entry at the end of the month. And we'll total these up in order to then record the journal entry at the end of the month. Note that the cash receipts journal is most effective when we have many transactions that are much the same and we would record all those transactions for the time period whether that be the day the week or the month in our case it will be the month and then sum them up and record the one journal entry for them at the end of the time period. So we're going to have the cash receipts journal once done with the cash receipts journal we will then do the the general journal a general journal entry which may seem like more work because we're doing a cash receipts journal and a journal entry but we are only doing one journal entry rather than a bunch of different journal entries here throughout the time period just one journal entry one debit and credit or it's going to be more than a debit and credit for this transaction but one journal entry as opposed to many in order to record the entire period's worth of data in our case the month's worth of data then we would post that to the general ledger and then the general ledger will be used to create the trial balance. So let's go through some transactions we're going to say on seven one we've got the owner deposited money into the business bank account three thousand dollars so seven one we're going to say the owner is going to be the account credited and then we're going to have the explanation is going to be the owner investment so we'll give us some explanation if there is a vendor involved or in this case a customer involved we'll typically have the customer here the cash then we're going to say is three thousand we will always have this column here being a debit because it's the cash receipts journal anything where we got cash we'll have a debit in the cash receipts journal to cash the other side then we're going to put into other credit it's going to be another credit because it's not going to be a normal type of thing that we will have an owner investment probably it's not going to happen many times throughout the time period throughout the month hopefully not that many times that the owner has to put money in to the business they want to be taking the money out and therefore we will put it into the other breaking that out at the end using this account category here to do so next item we're going to say borrowed from the bank that happened on seven one we're just going to say the bank for the account credited and then we're going to have the explanation it's going to be a bank loan once again we will have a credit to cash because we are always going to I mean I'm debit to cash because we're always going to be increasing cash here because it's the cash receipts journal the other side then it's going to go to other again because once again we don't think we're going to have too many bank loans hopefully that's not the reason we're getting cash most of the time and hopefully most of time we're making sales or getting money on account for sales made in the past so we're going to put that into other breaking it out at the point in time that we make the journal entry at the end of the time period in this case the end of the month next transaction on seven nine received cash for work that will be done in the future so we're going to say unearned revenue is going to be the account that we will be dealing with because I remember our journal entries here we'd have to kind of know our journal entries to figure this one out if they you know if we got cash and then we can't credit we debit cash and we can't credit the revenue account we're going to have to credit something else we reason we can't credit revenues because we have not yet earned it and therefore can't record it until we earn it under the revenue recognition principle therefore the credit will then go to the unearned revenue a liability it's going to be an advanced payment so the customer paid us in advanced in other words it will be an increase to the cash as always the 360 if this were a normal sale it would then go to the sales column which we would break out into a normal column but because it's not a normal sale for us we got paid before we're going to put it into other breaking it out at the end of the time period to unearned revenue now if we were a type of company that always had unearned revenue in other words if we did something like newspaper subscriptions and we always got paid before we did the work delivering the newspapers in that case then we would have another column of unearned revenue and that would be our normal transaction but for most companies we do the work before we get paid or at the same time and therefore this transaction would be somewhat unusual next transaction 720 completed job for s company received 250 will receive at a later date 300 so we did work and we got some money but not all the money this is going to be a confusing transaction because even if we just said we we did work and got cash even if it wasn't broken out between these two it's often something that that we will get wrong in terms of what journalists will go into because clearly we made a sale we completed a job we basically made made a sale in that case and you would think we'd go in the sales journal but the sales journal is only there when we have something on account and in this case we got cash so anytime you get cash even if it's for a sale it's going to go into the cash receipts journal rather than the sales journal so we're going to say the s company is going to be the company we want to list out the company here so that we can know what the subsidiary account will be and we don't need to have the account credited here because the account will be in the sales column for this case what we do want to do is is break out who we're selling to so that the account's receivable component will be there explanation will be sales and then we're going to say the amount going up is the 250 so we only got 250 out of the total 550 that we did work for the other side then is going to go well then we're going to have sales going up by 550 that being the 300 plus the 250 that's what we did to work for but we only got 250 cash therefore 550 minus 250 is the 300 the 300 going over here into the other debit and that's going to be a bit confusing because you might say hey we got an accounts receivable right here why don't we record it to the accounts receivable because that's what this is going to be representing that's what we are owed from we sold 550 only got 250 therefore accounts receivables going up by 300 but this column represents a credit to accounts receivable the normal transaction we would expect when we are dealing with the cash receipts journal because if we got cash related to accounts receivable it's because accounts receivable is then going down someone paid us off therefore not only does money any longer so this is going to be an accounts receivable but it's going to be a debit increase in accounts receivable not very normal for a cash receipts journal therefore we're going to put it into the others category here next transaction we're going to say that completed a job for L company invoice 700 received 200 accounts to be received in the future should be amount is 500 so now we're going to say that this is going to be the same type of transaction probably one of the more difficult types of transaction although we made a sale it's not going to go in the sales journal because we got cash and should be recording the cash received so we're going to put it into L company here and that's going to be so that we can record this to the subsidiary ledger then we're going to be having the sales is going to be the explanation of what happened we got cash of 200 we sold something worth 700 or services worth 700 got 200 of it then we're going to say that sales went up by that 700 the difference 700 sales minus the 200 is the increase in accounts receivable once again not going into accounts receivable here because this is going to be the credit to accounts receivable it's going into accounts receivable here into an other account because it's kind of an unusual type of transaction note that the transactions that have more than one account of course are going to be more complex type of accounts here as well as any time we're recording transactions with more than two accounts then we have on 727 received cash from in the company for work done in the past so 727 we're going to label this in company okay we received work for we received cash for work done in the past we're going to call that received cash on account so we got money basically on account meaning we did work in the past and we're going to get paid now and we're going to say that the cash is going to go up by the 150 to the debit to the cash the other side is now going to go to the accounts receivable as we would normally expect accounts receivable to behave when looking at a cash receipts journal so the accounts receivable it would go down if someone paid us and then the cash side would go up next transaction we're going to say receive cash from p company for work done in the past so same type of idea we're going to say in 730 we've got p company is paying us we want to label that so we can record it in the subsidiary ledger we're going to receive on account received cash on account received cash for work done in the past and then companies owing us for that work done in the past we're going to say it's going to go up to cash of 425 the amount received always debiting the cash in the cash receipts journal the other side then going to the accounts receivable decrease in the accounts receivable this being a really normal transaction so if we're in a type of industry where we make sales on account and then we collect on those accounts this cash receipts journal would probably be filled with pretty much mostly these transactions all the way down if on the other hand we make sales on account then the cash receipts journal would be filled with mostly this column here and these other columns are ones we really want to practice because those are the confusing ones in tests and in practice but ones that are more rare or not the norm or not the transactions made 90% of the time then we're going to total this stuff up so we're going to total everything up in the cash side we got the 3000 cash the 8000 the 360 the 250 the 200 plus the 150 plus the 425 given us total of 12385 the accounts receivable 150 plus 425 gives us a total of 575 and the sales 550 plus 700 gives us a total of 1250 and the other credit 3000 plus 8000 plus 360 gives us the total of 11,360 and other debit 300 plus the 500 gives us the 800 we're going to use these totals then to post one time instead of 1234567 separate journal entries to the general journal and then use that to create the general ledger so here's our information up top here's our totals we're going to create our general journal just one time this time instead of multiple times that's what's saving us time so we're going to say first we've got to the checking account so here's the cash and the checking account we will be debiting the checking account it's going up cash is a debit balance we're going to do the same thing to it which is an increase or a debit the other side's going to go to the accounts receivable here's the 575 going to account receivable accounts receivable being an asset and then having a debit balance we're going to make it go down doing the opposite thing to it a credit then we've got these sales so here's going to be the sales item we're going to call it revenue here sales is typically used for a merchandising company and revenue or or fees earned or something for a service company we will use the sales term here because it's often used in the journals when we have a sales journal we typically call the sales journal rather than a revenue journal so we'll keep that term and we will look briefly at a merchandising company as well then we're going to have the other which we have to break out note we can't just use this 11 360 because we don't know which account it goes to that's the point of putting it into other we don't know where it goes so we're going to have to look over here and say okay this went to the owner owner investment that means it's going to be the capital capital has got to be increasing that's what represents the owner investing money in a sole proprietor therefore we're going to increase capital capital has a credit balance we're going to increase it as it says here with a credit so we'll increase the capital then we have the bank so the bank loan another other transaction in the credit note we debited of course for these both of these the debit is already included here in the 12385 we already got that we just need the credit side related to this amount so the total is already there we need the credit side so in this case it's going to be a bank loan so that's going to be something like a notes payable that will record this too that's a liability account we need to make it go up so we'll do the same thing to it another credit as is indicated here then we have the unearned revenue so unearned revenue here again the debit the cash is already included in this 12385 right there now we need to include the other side in this case going to unearned revenue a liability account liabilities having a credit balance we're going to increase it doing the same thing to it another credit then we've got the others being the 300 and the 500 adding up to 800 and that's going to go into the accounts receivable and note we can sum this up because these two we see we can see they're doing the same thing it's both going to be the sales and it went to s company therefore it's going to go into accounts receivable and we can just put that into the account receivable one time and increase the accounts receivable here then we're going to take this information this journal entry and post that to the general journal so we'll just list out the general journal or general ledger the general ledger accounts that we have so the cash is going to be here it started at zero we're increasing it 12385 to 12385 by this amount of the entry then we've got this 575 to the accounts receivable bringing the 2070 balance down by 575 to the 10495 then we've got the revenue here going from zero up by 3000 to 3000 then we've got the notes payable going from zero up by 8000 to 8000 then we've got the under and revenue going from zero up by 362 360 and finally once again the accounts receivable being here 10495 and then we've got the debit of 800 bringing it up to 22995 these ending balances then can be found and used to generate the trial balance note of course this isn't all the accounts to the general ledger it's just the ones that we're considering here so here's the 12385 12385 accounts receivable 2295 is here 2295 we've got the notes payable 8000 here is the notes payable and the liability count 8000 there we've got the under revenue on the general ledger here it's going to be on the trial balance there and finally the capital account here on the general journal or the general ledger and here it is on the trial balance and then the revenue account looks like i'm not sure if i skipped the revenue account but here's the 1150 so it's going from 2070 up by 10152 3000 320 that too here is on the trial balance and of course trial balance is in balance debits equaling the credits net income now is including just this revenue that we recorded in net income finally we're going to take a look at the accounts receivable subsidiary ledger because you'll note that these items here are dealing with customers and we want to break out more than just this item here we know how much people owe us but we need to know who owes us money so that we can collect on that money more easily to do that we do the accounts receivable subsidiary ledger so we're basically taking our cash receipts journal looking at these items here to break out this number so this number that we uh recorded that's our ending accounts receivable here's the activity that we did in summary during the time period and now we're going to have to break out that activity by customer so first we've got the 300 here that's where the accounts receivable for this transaction for s company so s company made a sale and we have it we didn't collect 300 of it and therefore s company owes us 300 bringing the balance from 425 up by 300 to 725 same thing for l company they still owe us 500 for a transaction bringing the balance up from 0 by 500 to 500 and then we have the accounts receivable here going down for m company we got paid and therefore are decreasing the accounts uh receivable so here we've got the the 500 going down by 150 to 350 and then the 425 same concept we got the 1,145 going down by the 425 to the 7,720 so then if we add up all the accounts receivable we should tie out then to the accounts receivable in the general ledger breaking that out by who owes us the money


Hi, how are you doing today? This is Rich here on behalf of Rich TV Live. I'm here with a very special guest, the CEO of KBEV, Chris Miller. How are you doing today, Chris? I'm living a dream, buddy. How are you? I'm doing very good. Thank you for joining us today. Now, Chris, there's huge trends that are forming in consumer beverages and wellness. We've seen major changes in awareness to health, especially with 80 million baby boomers spending whatever it takes to remain vibrant and full of vitality. How has the economics of the nutrition industry improved, and what are some of the knowledge about proper living that's driving consumer demand? Yeah, I mean, the industry we're in, food and beverage, and especially functional beverage is exploding. The year over growth has been double digits for the last five years, and will continue to go up. And the reason being, people want to live faster, better, stronger, better, more beautiful. If you track any of those trends from cosmetic surgery to cosmetic dentistry to health, they're all going up, and they're not going away, right? We like to think, we always tell people, if you could have invested in kombucha 10 years ago, would you have done it? And I think the answer is yes. And we're sort of at that precipice with Coeos being a mental health beverage. We now have a pretty diverse product line, but our core focus is mental health. And I think people investing in it now, it's similar to investing in kombucha 10 years ago, which has seen a massive rise. I mean, even companies like Montser, I don't know if your listeners or viewers know this, but they have the hottest stock in the last decade, period. And their stock grew even during times of recession. So people will always reach for health products, things that make them feel better, things that are better for you. And I think, yeah, we live in an information age where people understand that we want better for you products. And I think that that's not even a question anymore, right? Yeah, we're one of those food and beverage companies that's on an incredible wave and taking advantage of incredible trends. Fantastic. Now, your own personal story is also very interesting. Can you talk about your own struggles with health, especially mental health in your life? Which sparked your career? Yeah, so I played football and rugby in college. And so I've always been into, you know, there's a hot term right now called biohacking. If you look at like bulletproof on it, some of these guys that have really exploded in health and wellness, that's kind of the term they live on. You know, how do we supplement the body to get more out of it? As I got into the working world, I realized that my brawn had nothing to do with my mental output. I said in an earlier conversation, you and I were having that we don't live in an industrial age anymore. You know, the blue collar workers sort of being pushed out, right? We live in a very analytical age. My theory is that we haven't we haven't evolved yet to keep up with it. Our brains just haven't caught up with technology, which is why a lot of us feel anxious and have insomnia and we just don't know how to deal with it, right? And so we self-medicate. And by self-medicate, I mean that we drink too much caffeine. We take stimulants and it's my personal opinion that the stimulant issue will be as big as opioids. Wow. I think it's the next trend and people, you know, overdoing it. And so my personal story is I was I've struggled my whole life with mental disorders, at least ones that I'm willing to admit. And, you know, ADHD being one of them, being on the spectrum of autism was another one. And finally, as an adult, I'd had so many issues sort of in the workforce that I got prescribed Adderall.  Like most people, I got a pill and Adderall is a very dangerous drug. It's one molecule away from being methamphetamine. If you've ever had any experience with it, it can really affect your life. And so it was really starting to affect my health as I was taking it. And, you know, I think people who take those things like that, you think it because it was given by a doctor, it's probably okay. And yeah, like I said, it started to really affect my health, my sleep, my hormone levels. And I'd sort of hit rock bottom taking this prescription drug and started looking for an alternative. Is there a way that I can mimic the results of Adderall, the focus, the attention, the drive, the mood enhancement without taking a pharmaceutical drug? And so I spent years with a team of people much smarter than myself, working on a formula that would mimic Adderall, but it was earth-grown, all vegetarian, et cetera, et cetera. And the first product we ever put out was a supplement that we've now clinically shown to improve brain function. So, you know, focus, et cetera. And it took off very quickly. And I think the reason it took off and the drink continues to take off is because, you know, people are looking for an alternative. People are looking for ways to be faster, smarter, better, stronger, limitless, right? And they want to do it in ways that are sustainable. So what CoEOS does in the short term is gives you that boost of energy focus, but in the long term builds brain function too. So that's how we started 2017. We sort of revamped everything, rebranded, reformulated very shortly after that. Walmart and GNC called us and we quickly got into 4,000 retail stores and we've continued to grow rapidly ever since. So yeah, that's actually leads me into my next question actually. Walmart, the greatest retailer in the world, Walmart, the greatest retailer in the world with 5,500 stores in America alone and GNC stores with around 3,000 branches across 50 states both hold your line of products and they actually called your headquarters and pursued your business. Congratulations on that. Yeah, thank you. Can you explain what CoEOS beverages are from fit soda to the five functional flavors? Yeah, so touching on your first point for people thinking of investing in CoEOS, you know, what we did in the first year of having army beverage out is unprecedented. Generally speaking, it takes food and beverage brands 10 years to get into a Walmart and GNC, right? They called us. Wow. I think I think it's indicative of our branding and where we're at position wise in the market, like I said, you know, an exploding category. We're a very hot white space that we fill specifically. And yeah, they called us. In fact, the funny story I thought when the Walmart buyer reached out to us, it was a joke. I thought we were being, I thought someone was joking with us. And so it took us a few days to get back to this person. And yeah, we've had tremendous success in both retailers. We continue to grow there.  It's the only beverage in the world with mushrooms in it, with MCT oil in it. Very little caffeine. So it's it's designed to be highly functional for brain function and body function. But we use very little stimulants, almost less than a soda. And yeah, it feels a very big white space in the marketplace. And it took us five years and millions of dollars. You know, I think for investors thinking, well, why wouldn't someone just copy you? Well, it took us five years and a lot of money to get the formula where it needed to be and also the taste profile where it needed to be. Right. I think a lot of people, I think one of the food trends you're seeing right now is people want healthy options, but they also want them to taste great. Absolutely. I think where we differ than a kombucha is, kombucha doesn't taste good. It's kind of gross. A lot of health foods are pretty terrible. And I think if you look at what Beyond Burger's doing, Halo Top Ice Cream, some of these guys who've made really healthy options but they taste good, they're exploding. And I think we've mimicked those companies and that model pretty well and you're seeing the results. And so Koios is our performance drink. It's designed for, you know, focus. And then our Fit Soda product was designed sort of like what Halo Top did.  It lets you, gives you the idea that, yes, I can have a soda, right? Like Halo Top is going to do 400 million this year and they came out with an ice cream that was 200 calories per pint. Wow. So you can eat the whole thing, right? Absolutely. And so Fit Soda is a very similar concept. How do I, how do I drink something that tastes so delicious but has vitamins, BCAAs, electrolytes, and is actually good for me? And so our Fit Soda line is actually exploding right now. Congratulations on your success. Thank you. Now as an investment, K-Bev is a microcap company with 10 million market cap and projected revenues of 4 million in 2020. You have nearly 2 million cash and no real debt. So you're in a healthy shape and poised for growth. Yeah, no, we are, we really are in healthy shape. You know, we've run the company like a startup since the beginning. Everybody who's here still views it that way. But yeah, we're poised for some big jumps not only this year, but into 2021 as well. So great, it's, you know, in my opinion, undervalued and a great time to be involved. Fantastic. Now, are you looking to get into franchises like Whole Foods, for example, or to launch new products now that you have more brand recognition? Yeah, I mean, Whole Foods is a conversation we've been having for a year. You know, we hope to execute on that in 2020. You know, in terms of right now, our retail footprint is 4,000. We're anticipating 10,000, which would include a wide range of retailers. You know, we've put out a press release recently that our new models, DSD, every viewer can go back and look at that and how we're going to expand nationwide, including building out our own team. But yeah, we hope to penetrate 10,000 retail locations this year, or at least doors is what we would call them. And then, yeah, we have new products on the horizon as well. And some of those new products will be retail friendly. But, you know, we've done so well, direct to consumer as well, that we're developing next gen products direct to consumer as well. So, yeah, we would anticipate online revenues going up, you know, a thousand percent. I shouldn't say that. We anticipate online revenues to go up dramatically over over 2020. You know, we have 60,000 Instagram followers. We have 5,000 email subscribers who are hungry for new products. So, yeah, we have new products coming down the pipeline as well. Very good. Now, how challenging is it to be a small business in such a competitive industry? Yeah, I mean, I think, you know, I think that that question's loaded because I think for everybody who's launching into the general public, it's always tough, right? Absolutely. I think for us, what's different about us and what investors can hang their hat on is that we, we reverse engineered the retail process, meaning we created white space products. We also built our digital audience first, which is continuing to grow. So instead of attacking retail, the traditional way of just launching a product and then, you know, having to compete with on shelf space and, you know, we were able to build digital so fast that retailers call us, right? Which gives us a tremendous advantage over our competition. And so, yeah, you know, we do all the things that you're supposed to do. We stay lean. We stay competitive. We, we continue to build our digital footprint, which I think is a secret sauce for us. But yeah, I mean, it's it's always competitive and we'll always pivot and innovate and again, and I think for us, you know, direct to consumer, as more and more people want to deal directly with brands, we're building out that model so that we can offset any risk in the retail space as well. Very good. Now, the stock is actually near all time lows. So right now, so what are two major catalysts near term and how do you plan to become profitable eventually? Catalysts for what? For growth in the stock? Yeah.  You know, our financials just came out. We grew revenues a thousand percent margins, margins went up by almost a hundred percent, expenses came down. So those would be catalysts. And then, you know, obviously future announcements with retailers as we expand. And then what was the second part of the question? How do you plan to become profitable eventually? Yeah, so we get this question a lot. And I think if you look at any of the big exits from buy to dollar shave club to, you know, those companies weren't profitable for five to ten years. I think I think for us, our focus is top line revenue. You know, top line revenue is going to be what gets us bought out by an imbev, you know, most in cores of Coca-Cola. Those guys aren't really concerned about your your EBITDA.  And so our strategy is top line revenue. And I wouldn't I wouldn't anticipate, you know, strong EBITDA for another five years. OK, great. And where can investors check out the products for sale? And the investor's deck. Yeah, so you can we're online at Amazon. You can go to our website at KoyosBeverageCorp.com. You can find us on GNC.com, Walmart.com. For information about investing, our investor tab at KoyosBeverageCorp.com. We have an investor deck. We even have a team of folks that you can that you can chat with on the phone that will walk you through everything. So the investor tab at KoyosBeverageCorp.com. OK, great. Well, thank you so much for your time today. Chris Miller, the CEO of Koyos Beverage's. Keep up the great work and we look forward to speaking to you again soon. Thanks for having me on. Have a great day too.