Freedom is important from many perspectives. Economists argue that freedom permits the economy to be efficient. By saying that, economists are not denigrating other possibly more important moral grounds for supporting freedom. But we are arguing that a society based on freedom can confer economic benefits, benefits having to do with efficiency that are important and that should be recognized. The question is, how is that the case? Why is it that economic freedom promotes efficiency? After all, freedom permits individuals to act as they wish, to act almost unpredictably. That's what freedom means. And the more one recognizes the potential of individuals to act in possibly unsystematic ways, the more paradoxical it becomes to make the claim that out of such freedom, out of such apparently unsystematic behavior, there can occur, there can emerge regularities that ensure at least a tendency towards efficiency and the elimination of waste. There is a deep-seated paradox here. I came across a quote from a non-Austrian economist, a very eminent economist, Willan Smith, who wrote his follows. The pricing system, how is order produced from freedom of choice, is a scientific mystery as deep, fundamental, and inspiring as that of the expanding universe or the forces that bind matter. There is an intellectual problem here, a challenge which economists have faced for 200 years and it has still not been completely solved. We as economists should not believe that there is no paradox here. There is a deep mystery here, how out of freedom there emerges order. Out of apparent chaos there emerges indeed an orderly universe which guarantees a tendency for coordination. This of course is Adam Smith's invisible hand, but giving it a name doesn't explain how it occurs. Now the procedure of standard economics, the procedure of mainstream microeconomics is to model the economy, that is it is to abstract from certain aspects of human behavior and to imagine a world in which people were not unsystematic, to imagine a world in which freedom is used in a rather systematic way and in effect standard economics achieves its results by considering individuals to be maximizing machines who indeed come on the scene with their own independent scales of values, their own scales of preferences, but who once they come into the scene with these scales of preferences can be guaranteed to behave in clockwork like fashion and to interact with others in clockwork like fashion by abstracting from the unsystematic aspect of human behavior standard economics hopes and has to a large extent succeeded in presenting a body of theory that indeed seems to explain efficiency, seems to explain the pattern in which an economic system can avoid waste. But as I say, there has been a price that has paid in order to achieve this mode of understanding and when we understand the price that has paid I am afraid that we have to wonder whether the price was worth paying, in other words whether what has been achieved is satisfying and satisfactory. I opened a textbook on intermediate microeconomics the other day and I find that the author quite frankly says in this textbook we are going to assume make three assumptions, we are going to assume certainty, we are going to assume pure selfishness and we are going to assume purely calculative rational behavior. In a world in which everything is known, remember certainty, certainty in the sense in which the textbooks are using it is a very demanding assumption. Not only do I know what you are going to do but you know that I know that and I know that you know that I know that. Add infinite item. So it's a very demanding condition which standard economics is making that everybody knows everything. I would say it is a paralyzing condition. Once you really think into the meaning of assuming that everybody knows everything that I know what you are going to do and you know that I know it. Once you carry that through to the extreme you have paralyzed the system in a manner which really is most unsatisfactory and is most disturbing when we try and apply a model of that kind to the real world. Now textbooks are perfectly frank. They say we are making these assumptions not because we really believe they are true but this is because this is the only way in which we can sort of get a handle on what happens in the real world. Selfishness, it is assumed that each individual is strictly homo economicus in the most crass form of most crass conception of what that means.  Everything is calculated down to the T no impulse, no emotion. Well, there are problems with these assumptions. The problems with these assumptions are that these assumptions confine us if we take these assumptions to their ultimate implications these assumptions confine us to a state of complete mutual coordination that is to say they require us to perceive the economic system as one in which every single decision is already prereconciled with every other single decision being made in the system. Now there is a very impressive intellectual feat to develop in detail to develop in conceptual detail exactly what an economy would look like where indeed every single decision was completely coordinated and fully dovetailed with every other decision. But when we ask how does this relate to the real world what we have to recognize is that these assumptions confine us to the intersection point of the supply and demand curve for each market not in equilibrium only but in equilibrium always. That is to say we are confined to understanding the real world as always being always in full coordination so that if you see something in motion if you see somebody on his way to mail a letter there is no disequilibrium there that I have to get to mail the letter because I haven't yet completed my goal I am exactly where I have to be exactly where I have to be every moment of time every individual is exactly where he or she has to be and to be a bit closer to the mailbox would have been inefficient because that would mean that I would have had to run a bit faster and every single decision is completely dovetailed with every other single decision at every possible moment of time there are no mistakes there are no discoveries there are no surprises and there is no explanation because in a world where mutual knowledge is incomplete and has to be incomplete the great intellectual challenge that faces us is how individuals who are free individuals who are not centrally controlled how they manage to generate economic order through their free activities this is the mystery that Vernon Smith pointed out it is a deep and profound mystery how does order emerge out of freely a mass of freely made decisions where knowledge is imperfect where emotions have their part to play in particular and I have an axe to grind here in standard economics there is no room for the entrepreneur there is no room for the entrepreneur the entrepreneur is an individual who is characterized by boldness he is characterized by vision by hunch these are the raw materials of entrepreneurial success or failure and surely when we think of these matters of boldness, of impulse, of hunch surely they seem to render the possibility of systematic determinant chains of events remotely unlikely because we are in the hands of entrepreneurs who are unsystematic by very definition so in order to perceive regularities amidst the apparently chaotic vagaries of real world entrepreneurial volatility it seemed to mainstream economics that it was a methodologically valuable ploy to imagine away the entrepreneur in standard economics there is no entrepreneur there can be no entrepreneur because in a world in which all decisions have been completely coordinated there is no opportunity for profit there is no opportunity for loss everybody knows everything if everybody knows everything there is no room for any entrepreneur who can think that he knows something that other people don't know everybody knows everything and everybody knows that everybody knows everything so we have this bizarre this bizarre circumstance that standard economics proceeds to try and understand how a market works by deliberately excising from their models those individuals who are after all the central figures in a market economy how can you analyze a market economy by imagining that there are no entrepreneurs it is I believe bizarre and yet that is the way in which mainstream economics proceeds it's as if we are saying that you want to understand the real world you can ignore entrepreneurs you can imagine that what they do can be sort of filtered out it's true that entrepreneurs act on hunches it's true that entrepreneurs are bold it's true that the headlines in the business pages every day are telling us about bold new moves by entrepreneurs but that doesn't matter you can ignore that that's just headlines you can filter that out and the real important the really important determinants which ensure coordination are what happens when you filter that out and it's the fundamentals which in effect generate the order that we see we see order we observe order empirically we observe order we see that the market works you don't need faith in the theory to see that the market works you need a theory to understand how what we see is true and standard economics proceeds by providing an explanation which gets off the ground only after it carefully deletes all of those activities which are the most obvious and most visible activities in the real economic world what I shall argue of course is that a sounder approach to economic understanding does proceed exactly from the opposite direction and I am I won't say I'm exaggerating but I am emphasizing the distinction between an Austrian approach an entrepreneurial approach and the mainstream approach I am emphasizing that distinction not because I believe that the mainstream theory has no value I think it has great value enormous enormous value but I think that that value is reduced when the line is mudded that separates a mainstream approach from an Austrian entrepreneurial approach and I think for purposes that we are here this evening understanding the paradox of order out of chaos it is important to emphasize rather than to smudge that line of distinction and the paradoxical truth that I will try and develop here this evening is that the explanation for economic order is to be found not by filtering out the unsystematic activity apparently unsystematic activity of the entrepreneur but just the opposite the explanation lies strictly and purely in understanding what entrepreneurship means and what it does and yes there is order in a market system and the source of that order is entrepreneurial activity and this simply underscores the paradox that we are discussing this evening well how is it then that precisely the unsystematic activity of bold impulsive visionary imaginative entrepreneurs how is it that it is precisely their activity which I believe can be called upon to explain and account for the co-ordinated properties the orderly properties in a market economy now the short answer will develop a little bit more detail this answer but the short answer is that what seems to be unsystematic is because we observe the entrepreneur from the outside we observe the entrepreneur without seeing what the entrepreneur sees the entrepreneur sees opportunities we don't see them if we saw them we'd be the entrepreneurs as I say I teach about entrepreneurship but if I could see what entrepreneurs were doing I wouldn't be teaching entrepreneurship I'd be the entrepreneur so we and I use this in the sense of observers of the social scene who remark on the unsystematic character of entrepreneurial activity we see this activity from the outside without seeing it from the perspective of the entrepreneur himself or herself entrepreneurs act in a very systematic way they see opportunities and they grasp them nothing unsystematic about that but to see entrepreneurs excuse me but to see opportunities requires a very special kind of vision entrepreneurial vision and that requires that the entrepreneur act in ways which others who have not seen what the entrepreneur is seeing requires that the entrepreneur act in ways which would seem unsystematic would seem impulsive would seem to be disorderly from the point of view of the outsider there is method in entrepreneurial madness what seems to be unsystematic and without method turns out to be easily understandable once one recognizes what an opportunity consists of where an opportunity comes from what creates an opportunity and what the role of seizing an opportunity is in achieving order I would put it this way opportunities are created by errors opportunities are created by absence of perfect knowledge if everybody knows everything there are no opportunities left nobody who knows everything is going to act in a way that will leave a known opportunity unceased and ungrasped so by postulating certainty and perfect knowledge one is excluding the possibility of discovery of opportunity but we have to start the other way to recognize that we live in a world of uncertainty we live in a world of imperfect knowledge not merely imperfect knowledge in the sense that there are books in the library that I have not read that I know that I have not read because those books that I have not read the mainstream economists can understand that too he understands that there are books that it doesn't pay to read the cost of reading them so I know there are languages that I haven't learned I know there are important sciences that I have not mastered because time is scarce life is short and consequently we don't memorize all of the numbers in the telephone book we are ignorant of telephone numbers who cares we are optimally ignorant we know exactly the number of telephone numbers that it's worth while remembering and the rest we know where to look them up if we'll need them standard economics can grapple with that there's no problem imperfect knowledge that's relevant to our task means imperfect knowledge that we don't know that we don't know imperfect knowledge means that there are opportunities out there that I would have grasped if I would have known them I would have grasped if I would have known how to achieve them but wish we do not know that they exist that is the kind of imperfect knowledge that we have to grapple with we have to deal with the phenomenon the central phenomenon of the human existence is that we don't know what's behind us not simply that we know there is something we haven't read but we don't know what there is there that's the human condition we don't know what's behind us and we don't know how rapidly to look around we don't know whether we should be revolving all the time and even if we do revolve we don't know for sure what it is we've noticed and what it is we haven't noticed when you walk down the street millions of images impinge on the retina of your eyes not all of them register you don't notice everything you see everything but you don't notice everything how many of us have paid any attention to the pattern of the floor we haven't noticed everything we can't we can't that's imperfect knowledge that we haven't noticed everything and there are things that we don't know that we don't know and once we recognize that there is this kind of imperfect knowledge the ubiquity of error is a phenomenon of the world that we cannot assume away it's central it's a central phenomenon of the world the world is saturated with error without blame what we don't know we don't know what we don't know that we don't know we certainly don't know we certainly don't know now there are two kinds of error I think it would be helpful if we classified error into two kinds there are over optimistic errors and over pessimistic errors let's talk about over pessimistic errors for the time being and I will if you will bear with me I will explore a limited a limited bit of economics with you if there are two markets room A and room B this is room B room A there is a market and room B there is a market and there are people there willing there to pay high prices for a commodity which I have but I'm not aware that there's a market there I'm not aware that the prices there that are higher than I can sell my goods for here I will be selling goods here for a price that is low and the price I could have got I'm over pessimistic why do I sell here why do I sell for 10 when the price over there is 20 I sell for 10 because I believe that 10 is the highest price I can get I wouldn't sell for 10 if I could think I could get 20 not because I'm selfish but because I'm purposeful and the reason why I'm selling is because I have purposes in mind selfish purposes maybe but maybe altruistic purposes zero maybe I want to sell the goods in order to support a hospital whatever it is I'm not going to sell them for a less than the highest price and if I think that if I'm selling for 10 that is evidence that I think that the highest price I can get is 10 not more than 10 but in fact there are people there paying 20 I'm over pessimistic conversely the people who are paying 20 in the next room they're over pessimistic they would never pay 20 if they knew that there were sellers in this room selling for 10 why are they paying 20 because they're unaware they're over pessimistically unaware they believe they believe that the lowest price at which they can buy the commodity is 20 that's why they're paying 20 over pessimism generates the phenomenon of two prices two prices for the same commodity now a great British 19th century economist William Stanley Jevons developed what came to be called the law of indifference which means that there is a that there is a law which argues that there must be a single price for the same commodity throughout the market now that is true as a result of the market activity but certainly there can be more than one price for the same commodity when you recognize the possibility of over pessimistic error over pessimistic error generates the phenomenon of more than one price for the same commodity but this error this over pessimistic error that resulted in more than one price for the same commodity by that very token this is where the marvelous mystery of the market begins to unfold begins to open up that error generates a profit opportunity those errors the over pessimistic errors have resulted in two prices which means it is now possible to buy a 10 and sell a 20 error has generated a pure profit opportunity a pure profit opportunity has the capacity to attract entrepreneurial attention entrepreneurs have antennae they can smell profits around the corner and we are all entrepreneurs that's something that my great teacher Ludwig von Mises emphasized all human action is entrepreneurial all human action involves guessing what's around the corner to some extent because we live in a world of uncertainty we live in a world in which the future is unknown we live in the world in which we don't know what it is about the future that we don't know so we are all acting by taking stabs at what the future may hold and we all have this sense that's what to be human means to have the sense of somehow sensing what is around the corner so the two prices which result from the over pessimistic error generate a profit opportunity which attracts attention entrepreneurial attention entrepreneurs move in to buy a 10 and sell a 20 and what happens when they do that the price where it was 10 rises the price where it was 20 falls so Jevons was right after all there is a tendency for a single price to emerge not because we start out by assuming perfect knowledge well of course if you assume perfect knowledge it can only be one price who is going to pay 20 if someone else is selling for 10 who is going to sell for 10 if someone else is paying 20 so if you start out by assuming perfect knowledge if you start out by assuming we all live in glass houses and we know exactly what everybody else is doing and we know that everybody else knows that everybody else knows etc. at infinite then you are frozen paralyzed into a situation where there can never be more than one price but if you recognize the role of error you begin to recognize that the market contains a marvelous self-operating autonomously operating system which sponges up information on these kinds of over pessimistic error and transforms the market into the co-ordinated direction moves the market in the co-ordinated direction as a result of what? as a result of the entrepreneurial vision what was responsible for bringing one price out of two prices what was responsible for generating the correction of these errors entrepreneurial vision of a pure opportunity that was generated by error this is what drives the market what drives the prices together what guarantees a tendency for prices to move towards each other is entrepreneurship it's not that you can understand the market by filtering out entrepreneurship you can only begin to understand the market when you introduce entrepreneurship then you begin to understand how the market works when one recognizes the simple elements of economics and I recall it was in 1960 I believe at a conference at New York University where Hayek and Friedman and a number of others were there I believe Leonard was there at that time I remember at that time Hayek pointing out to the law of the single price as being the single most important economic law of all and that made an impression on me and I think it's absolutely correct because when you understand what the law of single price means and you understand how far reaching it is it doesn't only apply to apples being sold in room A and apples being sold in room B it applies right across the market where you're talking about resources moving from one industry to another where you're talking about labor migrating from one part of the country to another you're talking about entrepreneurs snapping up scarce resources and bidding them away from other industries you're talking about two prices you're talking about entrepreneurs you recognize that you can buy steel in one part of the country and put it to work in construction in another part of the country and make a profit what in fact is occurring is that the entrepreneur is sensing the presence of two prices for the same ton of steel two prices for the same barrel of oil if oil is currently being used and prices is a production that of less value to consumers the price entrepreneur price presently being paid for that oil is less than the price which the visionary entrepreneur recognizes the error is less than the price that he will be willing to offer for the oil to transfer it to the more valuable industry where consumers are willing to pay higher prices for the product of that oil so resources move across the country move across the economy in response to entrepreneurial vision what is it that they are seeing they are seeing two prices for the same commodity two prices for the same resource two prices for the same person hour of labor two prices for the same ton of steel two prices for this for the same weight of cement this is what moves resources entrepreneurs don't have to be central planners entrepreneurs in exercising their wholesome and corrective activity do not have to be thinking about anything else other than grasping opportunities for pure profit but in so doing, what are they in fact doing they are identifying errors that have been made over pessimistic errors that have been made where resources were used in industries that are of less importance to consumers than the other industries where these resources might have been put more valueably to work what about the other kind of error over-optimistic errors over-optimistic errors are much easier to understand an over-optimistic error is for example where sellers believe that they can sell for 30 now if everybody believes you can sell for 30 and buyers believe that the price is going to be 30 the price will be 30 but over-optimism means that sellers believe that at a price of 30 they can sell as much as they would like to sell at 30 and that may be wrong it could be that the eagerness of buyers to buy a particular product at 30 is much less intense than the sellers have believed so sellers are holding out for a high price because they're wrong, they make a mistake they over-estimate the willingness of buyers to buy or it could be that buyers are insisting on a low price because they over-estimate the eagerness of sellers to sell in each of these cases of over-optimistic error this error is corrected much more easily much more easily because you soon discover how wrong you were you soon discover that you were over-optimistic you don't need to see something which other people haven't seen you simply have to face reality you're left with unsold goods on your shelves you realize that you're asking too high a price you were standing online expecting to be able to buy at 5 and long before you reached the counter all the goods had been sold you realize that the eagerness of sellers to sell is not as great as you thought it was you thought there would be more goods forthcoming at the price of 5 and what do people do when they realize they've made mistakes well, they revise their anticipations if you've been over-optimistic you revise your anticipations downwards if you're a seller who's been hoping to get a too high price you're lowering the price that you ask if you're a buyer you raise the price that you offer and what happens as a result of this prices that are too high tend to fall prices that are too low tend to rise what is responsible for this? Error what is responsible for the correction? the discovery of error so both with respect to over-optimism and over-pessimism and we're going through some very elementary economics as you can see but we're going through it with a special emphasis on the importance of departing from the fundamental assumptions of mainstream economics we can get to first base in this elementary economics only by denying the assumption of certainty only by denying that errors are not made only by denying that opportunities don't exist it's only because errors are made it's only because knowledge is imperfect utterly imperfect in the sense that we don't know what we don't know only because of that are there opportunities that are not grasped only because of that is there a scope for entrepreneurship and it is only because there is scope for entrepreneurship that there is indeed a systematic market process whereby errors tend to be discovered and corrected this is the entrepreneurial view of the market process so once again the paradoxical result emerges that the order that we perceive in a market the tendency for prices to converge not merely to converge to one price but to converge to the price that clears markets the market clearing price the tendency towards a market clearing price which emerges spontaneously in a market emerges only as a result of the errors that are made and discovered by profit seeking entrepreneurs is there paradox? maybe maybe but we can understand the solution to the paradox order emerges from the vision by entrepreneurs and to the outsider I repeat to the outsider this vision seems to be unsystematic it's recognizing what other people have made errors it's recognizing what other people have not seen it's recognizing what is around the corner which nobody else sees that is what is at the root of the market process of the entrepreneurial market process and this is the solution to the paradox order out of chaos are there potential problems with such a starry-eyed view of the market? yes there are yes there are and on all honesty I must never forget that my late eminent colleague Ludwig Lachman used to emphasize the risks that entrepreneurial activity may frustrate the anticipations of others and economists have debates on this economists do have debates as to the extent to which entrepreneurial activity in one part of the market can be relied upon systematically to correct all errors or to the extent to which such activity may in fact frustrate the vision of other entrepreneurs so I don't want to overemphasize I don't want to exaggerate the co-ordinated capacity of markets but we see that markets do coordinate our problem is not to predict whether or not markets will coordinate we see that markets coordinate we see the enormously intricate division of labor where without central direction great cities get fed that was Bustillat's example how does Paris get fed? great city of Paris enormous quantities of food converge on Paris who ordered them? who arranged it? who managed to make sure that there is a reasonable reasonable configuration of exactly those kinds of foods that the citizens of Paris need in any particular day the enormous complexity of modern economic life and the enormous prosperity of modern economic life tells us that coordination occurs and the great mystery as Wynn and Smith put it the fundamental scientific mystery is to explain how on earth such coordination can occur and the solution is that coordination occurs through entrepreneurial activity where entrepreneurial activity is profit-motivated the motivation of a pure profit not selfish necessarily it's purposeful people pursue profits where they see them because where profits permit them to achieve their own purposes whatever they are altruistic selfish or whatever this is the driving force of the market and this is what brings about the tendency towards coordination let us return to the question of economic freedom I'd like to contrast once again the picture of the world painted by standard theory on the one hand and the picture of the world painted by an Austrian entrepreneurial approach on the other in terms of what it says about freedom what the standard picture tells us and once again let me add as a footnote here I do not wish to be understood to denigrate the importance and the value of mainstream economics there are important problems important work-a-day problems of economics where the assumptions of the textbooks are highly useful when Mises used to talk about the consequences of rent control he was a mainstream neoclassical economist he was assuming equilibrium but if one wants to understand the operation of the market if one wants to understand how markets coordinate if one wants to solve this fundamental scientific mystery of how order emerges out of chaos we need an entrepreneurial approach and once one recognizes the role of the entrepreneurial approach and the role of entrepreneurial competition I use the word competition because entrepreneurs are inspired to see by what they feel breathing down their necks the competition of fellow entrepreneurs that inspires people to notice that puts people on their toes none of us is as active and as alert as one is have it not been for one's very well-grounded fear that there are others who will grasp the opportunities that lie before one's nose so we are pushed to be alert to notice to what is in front of us by competition and competition simply means absence of privilege competition simply means freedom of entry that no one should be borrowed from pursuing an opportunity which he or she perceives this is what we mean by competition not anything that has to do with textbook perfection of competition or anything like that competition simply means absence of privilege now let's consider the implications of all this for economic freedom the picture of the world painted by a neoclassical mainstream textbook is that if we all know everything if we are all captured and molded in a way we are all imprisoned as it were in a scene where every decision that we make has been pre-reconciled with every decision that every other participant makes then under those circumstances we are led as if by an invisible hand to do what is efficient and what is somehow good for society but let's just think about that for a moment what does that mean? that means that if everybody is already put in the right place freedom will result in people being in the right place that doesn't sound very interesting at all in fact it sounds almost trivial it's telling us that if you if people have already been told you can be free to do whatever you want provided you do that which you would have been which you would have done had everybody known everything including yourself what is the value of such freedom? what is the importance? what is the economic importance? of saying we don't need a central direction whereas if one understands as Austrian economics does understand that the coordinated properties of the market arise out of the free decisions of the entrepreneurial participants not just big entrepreneurs each one of us as I quoted from Mises each one of us is an entrepreneur if each one of us is permitted to pursue the opportunities which he or she perceives if we are permitted to see and to gain by what we think we see if we are permitted to do that we will be led as if by an invisible hand to see the errors that have been made we will be led we will be pushed ourselves to reduce the number of errors we make such errors consisting in overlocking opportunities such errors consisting in over-optimistically expecting things that cannot happen we will be led as if by an invisible hand to be alert to what others are able to do and to what others are able to permit us to do and this is what is responsible for the tendency to efficiency once again there are no doubt profound moral ethical reasons to celebrate a society of free individuals the economist is a very modest role the economist role is to show that by permitting individuals to pursue what they think they see we are encouraging a prosperous society a society in which individuals can achieve the goals that they wish to achieve whatever those goals may be then if one recognizes this one understands the role of freedom in a way which I believe can make a real and genuine contribution to the kind of society that we want to live in and I thank you very much


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Hi there, I'm Sandy Olnock artist and paper crafter here on YouTube and I'm gonna show you how to create some motion with colored pencil Sometimes a stamp set just makes you want to create a technique And I wanted to really make this little guy soar across the page These are the colors of Prismacolor pencil. I'll be using I can't wait to show you how easy it is to make him Look like he's super flying First for coloring the snowman who I realized later like he's not built like any snowman that we Would normally build outside and I realized this as a young girl that frosty the snowman in the cartoon Had legs and I know that that really confused me because We just make three balls and stack them on top of each other and we call that a snowman So snowman having legs is kind of an interesting thing, but I will just leave you with that thought So every time you see a snowman with legs, you'll have the same question. I did But I'm using a color that is a little bit on the medium blue side And one of the reasons that I'm not going solely light is because when we're coloring something white on a white Background you need one or the other to have some I guess beefy color to it a Lot of people don't put enough contrast in their work and then they look at it and they think well Why does that lot not look like? What I wanted to look like and most of the time I would suggest that contrast would help most anything So I like to use some richer colors If you choose too dark of a blue for something like this you can fix that just go over top of it with a white pencil And I'm doing the same sort of thing here, but with a light really really pale blue pencil And for those in the colored pencil jump start class. This is a pressure of about four on the Scale that I give you and that we've practiced in class and what that's doing is serving as the white pencil blending But it's just adding a little bit of color instead of just subtracting color Which is what the white pencil will do it just keeps making everything paler that it's coloring over top of and I'll still be doing some blending with a blending solution After this which you can still do but you can tell that I'm getting a really nice blend across this just from using a Medium and a light blue pencil and I hesitate to even call that medium because it's not quite medium But you know what I mean? It's darker than a light pencil. I'm using a different color. I'm using a gray for the other whites in the picture so the blades of the The skates as well as the fuzz on the hat because that will make them look like they are a different Surface than the snow and then the blue gives him a really cold snowy feel You could also do the reverse you could do him in the gray and the fuzz in blue or do a cream for one of them As long as they're different because that will just differentiate them when somebody's looking at that Snowman face and trying to determine what that hat is and where it stop starts and stops and meets up with his face So there you go. I'm using Prisma colors But this technique I'm going to show you is going to work with any colored pencils that you use When we get to that I don't put the colors on the screen generally because there's just a few of them and I do have the colors listed on my blog as well So if you're looking for which shades they are, but I do hope that with colored pencils, especially I know it's harder with Copics So I do put the colors on the screen for those But for pencils for the most part a medium green is a medium green You can use whatever medium green you have because it's not dependent on what it's blending with Whereas with Copic markers, there's a little more relationship between the colors that I'm choosing that you're trying to learn from So hopefully not listing the colors on screen and just having them on my blog is okay And I do apologize for some of the times when I say in the video that I'm gonna put it on the screen And then I don't so yeah I find when I take a picture of it like I did at the beginning of this video Then at least I have that to reference so I don't forget what pencil colors that I ended up using This little set from Art Impressions has not only this cute snowman But it has a couple other images in it and I will be showing you those at the end of this video as finished cards and As always you can see all of them and pin them To your Pinterest and that sort of thing from over on my blog There's always a link to my blog in the doobly-doo as well as all the supplies are listed there and Listed over on the blog and I do appreciate Your assistance and your support by using my links to make your purchases when you're gonna buy the thing Anyway, it doesn't cost you anything extra and I do get a small commission And it does help to support the cost of making all these videos Because it is not free for us to make all this stuff for you So use the links of your favorite youtubers when you're going to make a purchase So here is where the motion magic comes in and I'm using a blending stump While the color is just there. I'm not I haven't blended it at all with any blending solution Just using the dry stump to drag color out behind the image So whatever stamp you're using if you want to give it that look you can just pull color out Before you do other blending techniques because there's that kind of loose pigment on the end of each of the the objects and You can use that to create that look of motion So now that those parts are done I can go back through and use my gem saw to blend all of these these colors So they're softly blended into each other And that's a nice process to watch and just see the colors get richer and richer I tend to go from lightest color to darkest color So I did all of the blue light bulbs first and then the blue snowman You can get a sharpener, which is basically a little piece of Sandpaper on a little handle and Sharpen these and clean them or you can just wipe them off in your pants like I do or a piece of scratch Paper and that often is enough to To make it work But if you go from lightest color to darkest color then sometimes you don't even have to take that time to do that You just move from one color to another and it doesn't drag too much color into the next shade If you missed my recent soapbox moment, I've had a few of them lately I wanted to mention that one of the things that that is kind of breaking my heart is the state of the craft industry in a particular area which is Counterfitting the counterfeiting that's going on is making me nuts because what I'm finding I'm having a couple companies that have been asking me not to show full stamp sets in photographs anymore and That is kind of like okay. I'm trying to help you promote your product But what's happening is these companies a lot of Chinese Counterfitters are ripping off their designs and making knockoffs and they're not only doing that now from the Photographs, but they're following people like me and ripping off things from my Like videos so when I have a picture of the stamp in the video They're taking a screenshot and making a ripoff copy. So if you've wondered why Sometimes the lines don't look quite right or there's just something funky about them. That's how they're doing it They're stealing jpegs. They're stealing screenshots and making counterfeit products And I know for some people they they just put in the name of a stamp set and they look for whatever The best deal is on something and they find it at huge discount from some crazy foreign company that they don't know what it is Those are generally counterfeiters. So do not buy from those sites It's kind of like the whole idea around Like drugs they they've always said that if they if we weren't buying the drugs there would be no one selling drugs Well, if we'd stop buying counterfeit goods They'd stop making them. They'd move on to a different industry. They'd go start counterfeiting. Who knows what else and Stop worrying about our craft stuff because our manufacturers are spending more time chasing down the Counterfeit stuff than they are in making us new products And we don't want that we want them making cool stuff for us to use and Even if it costs you a couple of bucks more to buy it from a reputable place, please buy things from a reputable place it's really important to keep our craft industry healthy and It's I every time I look at one of my images on the video now I'm I'm trying to figure out like how can I shoot this in a way that will teach you how to use it But will not give them the ability to rip it off and copy it And I don't know what that solution is going to be. I might start filming things from an angle or something I don't know But it's making me very sad to think that that's happening because of what I'm creating to teach you something Wonderful about how to color something so there we go another little diet tribe from me on my soapbox So buy for reputable places. So my finished card I just put on a card base kept it really super simple But look at how it looks like he's flying across the ice. He's just soaring at top speed This is another one of the Stamps while a couple of stamps the birdhouse and the little birdie I drew my own trees and made my own clouds in this one and Then another one of them is these three little snowman holding a j o and then making a Y They kind of make me think of the YMCA of snowmen So they're spelling something out, which I thought was pretty funny and I did way too much snow in there But there you go. There are my cards from this cute stamp set from art impressions links for all the supplies are in the doobly-doo pictures are on the blog to Pinned your Pinterest board and you can always click that like button and subscribe to get more from me And I'll see you guys later


Hey Bolo buddies. Thanks for watching. All right, you guys.  Unexpected Bolo items. What is a Bolo item? Bolo stands for be on the lookout So these are big money items that when you're outsourcing at thrift stores and garage sales and estate sales These are items that you want to look for you guys. All right, so the hey Bolo buddies. Thanks for watching Amazing, right? All right, let's get started These are all auctions and what I do is let me pull up my screen share here and I'll show you what's happening This is my Facebook group and Bolo buddies resellers and thrifters unite so this is a group where you can come and you can Share your Bolo's you can ask questions. It's basically anything reseller Related I do have another group that is Bolo buddies Be on the lookout something like that. I can't remember what it is, but if you search it on Facebook, you'll find it and That group only I share in you are you can post in the comments and stuff like that, but This group anyone can share so check out both groups. They are linked down in the description Now what I do is I search ebay for high Selling auctions. Okay, and then I post them in the group and I invite everybody to Check out those listings Um, what's great about it is you can go into the listing you can look at their photos You can look for identifying marks like if it's um pottery or something like a mark or jewelry So it helps you learn that way But it's so fun to watch and see what these things sell for but I will say that I am guilty Of seeing that it's a big money Bolo when I post it that I forget to go back in and actually see what it sold for So in this video, I'm going to show you guys what these items ended up selling for So this is a great way to learn definitely go check out the Bolo buddies Facebook group And um at the end I'm going to tell you hopefully I'll remember about some of the things that I do in the group that um Our group participation and you guys can have your Bolo's featured in videos. So we'll talk about that in the end All right. So the first item you guys This is from 1924. Let me make sure my screen share is up before I get too far into this video. Okay Um, I have literally recorded a whole video and forgot to put the screen share on and that is awful So I've got 50 Bolo's coming your way 50 you guys So this one is a 1924 history of free masonry a cult antique book nights Templar secret society that is their title. Did this title help sell it? I have no idea I don't even know what some of those words mean. But anyway this sold auction style on ebay for 980 dollars you guys So what I have been told is a lot of these books do not ever um, they stay like within the Facility um, so I think are the is it masons? I'm not sure and these don't get out to the public. Yeah, the masons so These are harder to find but check it out What do you guys think? Can you believe it? Oh look 10 rare antique books starting at a dollar. Wow So what this seller did is they put this as their last photo because people that look for items like this will go and uh Buy those other items Uh Shreiner s-t-h-r-e-i-n-e-r. I apologize guys. I don't know how to pronounce it But this brooch is something special and I have to say if I would have seen this I Probably would have had no idea that it was something special Now I probably would have picked it up because right there it's signed And I pick up any pretty much anything that is signed now if I saw this right there That's a better picture of it if I saw this and it was $20 I probably would have looked up the brand And you know $20 probably would have been really good because this sold for one thousand four hundred and seventy five dollars Plus shipping you guys. How amazing is that? Has anybody sold that brand before let me know in the comments Harley Davidson. This is a four pack of hummer motor oil from the fifties you guys advertising 10 cans Three thousand one hundred and fifty dollars for this you guys. How cool is that? The next item that sold is this vintage 1966 to 1969 coner batman push puppet sold for seven hundred and ninety nine dollars Check him out That is Really cool 46 beds you guys So one thing you can do Is you can click on the bid history And you can look at well on this one you can't but there were 12 unique bidders They have the identity protected on this one. So bad example. We'll do a different one Okay, so here is if you ever go to a sold listing and it says Relisted this item that means more than likely that the the item wasn't paid for that somebody bid on this item And they did not pay so This sold for one thousand five hundred and twenty six dollars, but it was Relisted so if you click on the relisted item You will see that they relisted this item at seven hundred and fifty dollars and they took a best offer I don't know what the best offer is This is still definitely probably a bolo item But I can't tell you what it sold for because it's best offer and that's why I use um auctions a lot Is because when it's slashed through I can't get that information The next item that sold is this vintage vikings vaseline glass oil fairy lamp and this is from I don't know what I was gonna say Let me see It looks like it has an issue here, maybe But it does glow with a black light and they should I'm surprised there's not more photos. That's weird Not very many photos Um, I feel like I was over on instagram and saw that Toledo and teak had something similar to this But this isn't their store because I was like, I wonder if it was their store Um, but this silver two hundred and fifty five dollars plus shipping The next item that sold is this vintage hearty Alnwick fly reel a l n w i c k These are easy to look up because Right there on the side. So you just look it up. It's an old fishing reel You guys this went for five hundred and eighty five dollars Um and the buyer paid shipping. So let's look at the bid history 11 unique bidders Now what I look for when I'm looking before I post is I make sure that it's not like Two people going back and forth that are really low bidders Sometimes that sometimes that can tell you that it's probably not going to get paid for not all the time But sometimes so what I see here is somebody that has six thousand eight hundred and fifty four feedback That's probably a paying buyer and they went up to five oh five So even if these two people don't pay that tells me that there is demand for this item Based on and here's another high feedback 408 So people that tend to have higher feedback, they're going to pay because they don't want to mess their account up So that's one thing that I look for before I post these on Facebook vintage trifari Alford Philippe. It is a uh tree of life fur clip pen. What is a fur clip pen? You ask? Let me show you this is what it looks like Uh crown trifari. You can see it's got the crown on top of the tea. That is how you know it is crown trifari One side is open and one side is closed. I have found these before and I'm like what on earth is this It is a fur clip. So now you know if you see one you can see right here that this is um Is that what's that say? I don't know. It's marked something. I can't really read it But that's another good thing like when I was telling you if you are in my facebook group and you see these listings Go in because you're going to see the markings on the back and that is how you're going to learn what to look for This item sold for one thousand six hundred and twenty five dollars with free shipping Here is a vintage pony tail Barbie and this one came from Someone in the group. Um They got it in an estate sale for four dollars So if you guys are in my facebook group and you have an auction that has bids That you think is going to be a bolo that you picked up cheap and you're selling high Feel free to private message me in the facebook group and I will share Your auction in the group and you never know somebody may be looking for it So it's going to get eyes on your item and it's going to help people learn So this one I thought was going to go for more actually when I posted it in the group some of the people that are Barbie collectors Were saying they thought it would go for a hundred to a hundred and fifty So sometimes you know auctions are not the best route This ended up selling for fifty five dollars and had free shipping, but the pony tail Barbies can do really well Her hair is a little matted. So she would definitely need fixed up I don't know if there's a way to fix their hair when it's that bad or not So that could have hurt the listing The next item are these vintage steif miniature bears with glass eyes any time you can find steif definitely pick it up It is a bolo brand These sold for a hundred and forty seven dollars and fifty cents plus shipping The next item that sold are these oshkosh bagosh and this actually has not sold yet. So Here's the story behind this one. I listed it in the facebook group The buyer did not pay They have relisted it and it is currently sitting at a hundred and sixty two fifty Now I will say oshkosh bagosh used to be like a year or two ago trending major Some of these things you could get two to three hundred dollars for They are not trending as much as they used to be So um Definitely do your research. You can still make money on them. What you're looking for is the vest back right here this little Triangle upside down triangle on the back that brings up the value Let's look at the bid history here. So you can see this is again probably going to be a non-paying buyer You got 13 zero 13 all zero feedback people bidding But that's this one has 218 at 68 dollars So this may end up being just something that this person should put on a buy it now or best offer And you know price it a little bit high and hope that somebody comes along and actually pays All right, this vintage madame alexander sissy doll So i'm sorry the one before that I just showed you that would be one that I normally would not post But the first time I posted it the bid history looked good. So um Just wanted to clarify that so this is a vintage madame alexander sissy doll and She sold for 166 dollars and 50 cents on auction Sleepy eye means that the eyes open and shut when you move the doll And it is jointed as seen here. It looks like she only has her skirt and Her little pants there and are those like tights? Huh, and she's got a little crack. So yeah always disclose things you guys like that how they circled that This went for 166 50 plus shipping The next item is vintage poly pocket you guys I Always post the vintage poly pockets when they're in huge lots like this In the group number one a lot of these are great reseller lots if you can get them cheap enough This one actually went lower than I expected The compacts that like open and close tend to go For a decent amount if you can find the vintage ones, but look at all these little characters I Mean there are a bunch here this ended up selling for 152 dollars plus shipping I don't know if a reseller bought this or not, but somebody that really knows poly pocket is going to be Able to look at this and be like, okay I know I can make this much money and they can decide how high they want to bid on this item for The next item are these vanity fair mushroom gosset granny panties from the 60s now I will tell you guys that There is definitely a market for these But I will also say that you really have to be knowledgeable in key words and how to list A lot of the sellers that sell these have built up a following And they will get more for their items than maybe you or me that doesn't have a following That list So that is something to definitely think about and somebody recently clarified that for me that Not all of these are going to be big money.  I have some videos on that if you guys want to check it out I did some research a while back so you can check that out, but these sold for 131 50 plus shipping The next item that sold are these roller skates roller skates can be a big money bolo, but again, they are Bread and butter to big money. You have to know what you're looking for So do your research people sometimes takes take the wheels off and we'll sell those separately These sold for $311 plus shipping The next item that sold are these dixon pencils. Do you guys number two pencils? They are wood and it looks like One is sharpened sold for five hundred and forty one dollars I don't know if that's how they came just to show one sharpen or If it's really not new old stock and somebody sharpened it and stuck it back in but five hundred and forty one dollars plus shipping The next item is this vintage 1997 matel godzilla shogun warriors japan um It sold for three hundred and twenty six dollars plus shipping All right, this one's very interesting. It is folk art and you guys folk art can do very well So it's handmade by an artist and this is a mannequin carved face hands and feet no reserve sold for eight hundred and twenty one dollars You guys how fantastic is that now? Is this something you would have picked up or walked right past would you have known the value of this item? And it doesn't say um Let's see. I don't remember if okay right here's the artist. I mean it's just like Initials, I don't think it's any well-known artist or anything. Maybe it is. I don't know The next item is this vintage matel ballerina. I think it's cara or cara Not sure, but she sold for three hundred and fifty two dollars and eighty nine cents. She's in her original box She's probably a harder to find barbie always look up the barbies even if they're the pink box Some of those are coming coming around right now and coming up in value All right, these three striped trucker hats This pepsi cola can is definitely a bolo hat. I have seen those sell before The fact that they all have the three stripes on the side is a big money thing so this person decided to lock these up And this ended up selling for one thousand twenty five dollars plus shipping Um, I know that when I list hats like this most of the time it's international buyers that are bidding on these Sometimes non-payment does happen. Um, let's go in and look here The winning bidder had four feedback there were 19 unique bidders um, I do Know that a lot of times buyers with zero and one feedback will come in and snipe these hats up so Don't freak out if um The person only has low feedback, but it It could be an issue. I'm trying to see if this got paid for so one thing you can do is go in and check the feedback But the person has to leave feedback for it to show up and a lot of people that collect Are going to resell Um, they won't leave feedback So it's not always a hundred percent So no feedback on that one. Let's look at their active listings. That's another way to check and see if the item got paid for so items for sale It looks like this buyer Lots up all of their hats. I do not see that it has been So I'm going to say that that probably got paid for because I don't know about you But when something doesn't sell I relist it so hopefully it got paid for Those are just some techniques that I use to um try to figure out if it was a An item that actually got paid for This is a masters of the universe. M. O. T. U. That's what that stands for. It's a 1981 scare glow With cape action figure it ended up selling for two hundred and ninety dollars plus shipping Check him out look for him The next item oh Oh, okay, so Oh, no Hold on Okay, here it is You guys this is a vintage quaker oats cereal box free sample size box from 1965 mail-in offer So it's about the size of a pencil. So it's a vintage advertising thing, right? You guys 69 beds it sold for four thousand six hundred and eighty three dollars plus shipping, okay So we're going into the feedback And you can see look at the people bidding on this. They all have high feedback So that's a good indicator that this is a very collectible item. All right So I have already gone into their feedback to see if the buyer paid Excellent seller and item as described cereal box four thousand six hundred and eighty three dollars you guys Ah, is that crazy? I feel like that's one in my facebook group where people would be like that's that's fake. That's that's money laundering and you know, I think sometimes Some things are sketchy But that one you could tell by all of the people bidding and their feedback that it's definitely an item that is To be on the lookout for all right this liberty Oh, I oh Yosemite, right Yosemite. I think I said I was about to say Yosemite. Ha Yosemite jigsaw puzzle I feel like this one came from somebody in my group They sent me a message and asked me to share it And they got this at the Goodwill for a dollar ninety nine and they sold it for a hundred and twenty three ninety five plus shipping It is a jigsaw puzzle. It is used And these are the pieces so as you can see they are in shapes and they are wood These are amazing and collectible. So be on the lookout The next item that sold is this tattooing book. Um The title to me is just awkward. Um, but it didn't hurt the listing. It still sold for one thousand three hundred and twenty five dollars Um, it looks like it's some I don't even know what it is second edition tattooing world I don't know. It's so confusing to me. Um, let's see. Is it a book or is it magazines? It says Health and beauty now. I'm really confused Tattooed the world over 25 of these meant Came from Milton Zeus or ze Zeus studio their books So it looks like it's got some history behind it. I got these books from mary. Milton's ices. I think it's zeis is stepdaughter So yeah Interesting All right, the next item that sold is this Weber grill and it is for a boat It's a boating grill and it is new old stock in the original packaging. So it's got the vintage advertising This one went really high you guys three thousand and fifty dollars Plus shipping The next item that sold is this vintage Gibson box turkey call two thousand eight hundred dollars with the leather case So anytime I see calls turkey calls, uh, I don't know the crow calls. There's all kinds of different calls I definitely look them up and if they're cheap, I pick them up because you just never know Not all of them are created equal some are bread and butter you guys So if you see a turkey call, don't think it's going to be a two thousand dollar item As is for some restore antique french child doll Here it is look at the body of this thing Is that crazy or what? 978 dollars and 36 cents for this you guys plus shipping The next item that sold is this vintage wilton baby bullet two inch vice.  Maybe they're going like across Oh, I bet they're talking about um the part that actually holds something is probably two inches That makes more sense okay You guys this sold for 810 dollars plus shipping The next item is this vintage mccarty pottery marigold mississippi fox figurine sold for 620 dollars with 36 bids Here is the writing on the bottom. This probably is not going to help you if you are out looking for something I mean, maybe it would but I did go in and look because I was curious at 620 dollars I wanted to know what I was missing The next item that sold is this upside down vintage nfl Well sf what is that? 49ers san francisco 49ers chalk lined satin jacket these um satin jackets can definitely be a bolo look them up if you see them This one sold for 360 dollars. I believe it's a newer seller. Um I don't know if they didn't know how to flip the photo or what but I was thinking maybe this is strategy Because this caught my eye immediately because it was upside down So if you're looking through a whole bunch of 49ers jackets and you see one that's upside down It's going to catch your eye. So what do you guys think strategy? Maybe Or just didn't know how to fix it. Let me know in the comments The next item is this vintage salt and pepper shakers made in japan. They are so so cute Look at their little faces these sold for 179 50 plus shipping This little cool rest it is a uh car console Cool rest it's by igloo and you can put stuff in it and it holds your drinks and whatnot These seem to be trending right now. I've seen quite a few of these when I'm searching for auctions and solds This was sold for 255 plus shipping The next item is another pair of shantilly maiden form. These are new with tags um Maiden form is not as highly collectible, but you can still sell some of them And this is more of a brief style. So there's particular styles Some are more vintage than others. These are still vintage and they sold for 46 67 plus shipping The next item is so cool. It's from the 1920s. It's an antique Little like teddy How cute is that Sold for 81 plus shipping The next item that sold are these burger king whopper radio shack Headphones you guys from 1984. So this is some vintage advertising here and these sold for 78 on auction plus shipping The next item are these 1990 box of willy wonka tart and tinies candy unopened sealed And I did a whole video on candy you guys this I think this is the seller. Let me see see other items Uh, let's go. This might not be Hold them on This video is going to be really long. Sorry guys. I'm getting off on little tangents here Uh candy It switched to grid Okay list Let's go over to solds And it took out candy. Let's put candy in What I I don't know for some reason it's not It's reverting back to that which is really weird Huh Oh, it's still in there. I see it now highest first. I don't think this is the yeah It is look at these prices you guys and I did a whole video on candy if you guys want to go check it out but willy wonka vintage willy wonka candy that is sealed I guess nostalgia. I don't know but look at these crazy prices Let's go into their feedback And look at this So again, they have tons of feedback Let's click on candy type it in And again, they have to leave feedback for it to show up Um, oh, I can't filter by highest first. Here's one Great item. Great seller. These are the rinky dinks four hundred and sixty dollars 105 dollars for candy cigarettes. These are people that left feedback 201 Double digits. Go check out that video. I did you guys. It's amazing what what vintage candy sells for Another thing that's crazy is stickers people pay big money for these stickers sandy lion is a good brand These are not in the original packaging, but they are still on the sheet This is what it looks like on the back sold for 192 and 50 cents and these are fuzzy pastel cats cats and mice The next item is this pipe Carved horse head pipe some pipes do really well another thing that you should always look up This sold for 228 plus shipping Okay, you guys 360 vintage company he sells on ebay. He sells on other platforms But he makes amazing amazing jewelry And um, you can see down here if you go to his instagram and follow him You can see some of the stuff he makes. It's really really cool But uh, this sign right here. Do you see it on his instagram? He sent me this auction to share in the group He picked this up at in a state sale for $50 you guys and it sold for $3,052 It is 10 over cardboard Check it out $3,052 you guys he sold this for and um, I've been following Ron for a long time I met him on facebook and he actually talked me into selling on posh mark and mercari So we've been friends a long time, but his store is really great and he makes beautiful jewelry So go check him out on instagram vintage bell system western electricity Rotary phones so old vintage rotary phones, especially the ones with colors Can do really well. Look them up if you see them.  I'm actually surprised this went for so much Um, I think this picture looks like there's more But when I went in and actually looked at the photos I mean, here's all the people they did end up parting it out Um, you could sell these items individually. It really depends on the condition and stuff like that So it could have been a reseller buying it or a collector But this sold for 230 plus shipping. I typically part mine in small lots So, um, yeah, I don't know about that one. So what do you guys think good deal for the buyer or do you think they overpaid? The next item is this. Um, it's a sharpening stone. You guys made in germany. It's very very old sold for $560 plus shipping. So always look up sharpening stones Here is a vintage kugi. I always said koogee, but I guess it's koogee. I was corrected sweater from the 90s Um, let me know in the comments if you thought it was koogee So yes thought it was koogee In the comments or am I the only one so I guess it's koogee I guess that makes sense koogee Anyway, it's over 370 dollars plus shipping these sweaters have been trending for quite a wow Um, they just always sell really really high Uh, this one sold really high at 370 The next item that sold is this uh vintage plastic santa sleigh and reindeer It sold for $212 the buyer did not pay you can see relisted this item So I'm gonna click on that and see It sold again for $55 and they did not pay So if I were this seller, I would relist this item at a buy it now, but they have went ahead and relisted it at Um an auction. So again, this would not normally be something that I would share in this video But I saw that and I wanted to use it for educational purposes. So this is listed for the third time The next item that sold is this vintage painted original seven up freddy says bicycle license plate topper You guys how cool is that this one sold for $82 and 67 cents plus shipping The next item are these vintage Levi's um south Is it salvage salvage? Red line hidden conmar zipper. So apparently that um this seller did a good job of showing you all the important things of the Levi's the big e So they've got everything right there on the front of the photo So this would be a good way to list it. It does have a rip. They also turned the item inside out Which is really a good idea. So this this seller did a great job So again when you see these listings in the facebook group Go in and look at the photos get educated on how these people are listing things Because the high dollar stuff they're usually being listed By people who know what they're doing. This one sold for $1025 plus shipping This guy right here is a vintage rushston and it did not get paid for Um, but rushston is a big money bolo anytime you can find rushston brand. Definitely pick it up Let me see. Here's your tag The tags are usually in pretty bad shape. That is common But condition condition condition some of these can go for crazy money if they're an excellent condition But even in condition like this they can still go for big money. This did not get paid for I did pull it back up in the seller's store. It is listed at 1500 or best offer That's what I do. I try an option and then I'll just go buy it now typically And they changed their first photo. So they updated their photos So interesting All right, you guys that was 50 big money bolos. I guess we're only at 36 minutes. That's not too bad I thought it was going to be much bigger Um or much longer. Thank you for being here. Okay. I was going to talk to you about the facebook group So in the group, I will post under the announcements section features Announcements slash featured it depends on which group you're in if it's called announcements are featured. It's really weird but um, I will post a it's like a I'm trying to think of what to call it. It's like a thumbnail thing that I made and it'll say screenshot of your best March Bolo or your best plush Bolo or whatever And then you guys can go in the comments and screenshot your item And then you tell me where you got it what you paid for it and what it sold for And I create a video And in that video, I share the Bolo items. So what's great about that is their actual items that sold We know they got paid for and they're actual resellers that are in the group sharing their items. It's super super cool Um, I have a whole bunch of those videos. I've probably been doing that maybe Four or five months now. So there's quite a few videos um Some of them are broken down by the category some of them are broken down by the month But if you'd like to share definitely go do that it is free now if you have a youtube channel or You want your ebay store shouted out in the video? You can join Bolo buddies memberships There is a join button if you are at level two You will get a special shout out bonus shout out in this video in addition to The other membership perks. So my channel is completely free perks are for or memberships are for perks So to get those shout outs now I am going to feature this little necklace. I will be listing this in my ebay store um I am unboxing 344 pounds of jewelry that I picked up off of ebay To sell on ebay and I have a whole series on my channel of me unboxing stuff But I took a break for like a year and I'm just now starting to get back into Listing the items. This one's really really cute. It's I think it's got some like glass beads on it But um, I'm going to get this listed. I don't know how much I'm going to put on it But it's got this little um, I think it's called a toggle toggle class So really really cute. So that will be coming soon to my ebay store if you like jewelry unboxings I think I'm going to put those over on my sourcing with bolo buddies channel But there's a whole bunch on this channel also. All right, you guys links down below List perfectly if you want to try a cross posting service to cross post your items fast and easy I use list perfectly. I've been using it for I think 2019 so quite a while um You can use coupon referral code bolo buddies to get 30 off your first month bolo buddies is all one word There is a link a demo video down below if you want to learn about it I start on ebay and cross post to the other platforms You can also use their catalog which is an awesome feature because you can delist From the catalog which is way easier than manually finding your items, which I do which is probably not the smartest thing But that's how I do it Uh photo room if you want to try photo room pro you can get your first month free with referral code bolo just bolo Um, also if you guys are not using worthpoint. I just um, I have a video. I shouldn't say I just I have a video that I did on worthpoint. Um I love it. I put it off for a long time because I felt like it was kind of pricey But at this point in my business, it's worth every penny. If you want to see how I use worthpoint to make more money For my business Go check out that video. There's a link down below. All right, you guys Thanks for being here. Thanks for watching. Be sure to like comment subscribe and share There's going to be videos popping up and a subscribe button Hit that bell if you want to get notifications when I post new videos. All right, you guys. Thanks for watching


Hey everyone, welcome to this cubes panel, Women of the Cloud, I'm your host, Lisa Martin. Our topic of building a greener future brought to you by AWS. I have three great women rock stars here with me to talk about sustainability over the next few minutes. Please welcome my guest, Maketa Salivari, sales leader, digital native business at AWS. We also have Daenerys Durand head of digital operations at Ginkgo Bioworks. And Sophia Mendelson is here as well, chief sustainability officer and global head of ESG at Cognizant. Ladies, it's so great to have you on this panel. Thank you for joining me. First question, I'll have all of you go through this. Daenerys, we'll start with you, then Sophia, then Maketa. Talk to the audience a little bit about yourselves. Give us the overview of your current role as well as what, how you're thinking about sustainability in that current role. Daenerys, take it away. Absolutely, well, hello everyone. Thank you for making me part of this panel. I'm very happy to be sharing this moment with other talented women in the cloud business. It's really an honor for me. As you know, my name is Daenerys Durand. I'm the head of digital operations at Ginkgo Bioworks. I've been at Ginkgo for nearly six years now. And I, till this day, I still find it fascinating with our mission. I find it really fascinating and exciting, which is make biology easier to engineers. That's what we strive for every day. And so what does that mean? It's like AWS, a platform for cloud services where a physical platform that can help other companies flex into hosting their R&D data or biology. And well, my role at the company is to handle the digital operations side of the house, which means I'm responsible for all the technology, whether that's physical, cloud infrastructure, or anything that makes our labs function possible. Basically every challenge that is facing us in terms of sustainability, whether that's clean water, food, air, sustainable supply chains, renewable energy, whatever you can think of, biology can contribute to make this better, to make our world more sustainable. And as we advance in our mission to make biology easier to engineer, we believe that our platform can continue to positively transform industries and help our customers become more sustainable. Fundamentally, biotechnology and our platform offers a fundamental shift in how things are made and disposed of. So in my role, my team and the organization supports every effort, every project, every program that comes to GINGO leans in that direction, making a more sustainable environment. Excellent, that's what we need so, so much. So, okay, let's go to you. Give us a quick overview, a little bit about you, about your role and how you are thinking about sustainability in your daily role. Sure, hi everyone, thank you so much for taking the time with me today. I'm Sophia Memelson, I'm the Chief Sustainability Officer of Cognizant or a Fortune 200 technology firm that helps clients move their business to the cloud and through their own digital transformation. The way I really think about sustainability in my role for my company and our clients is that we are helping our clients with their company get ready for what's going to look like a fundamentally different economy, one that has to produce much less carbon, run off new sources of energy and also be circular in terms of what we consume and how we get rid of it. This is a sea change and it's the bed of the economy that the rest of our products and services sit on. So if we start building from the ground up with systems like cloud and AWS, we're actually enabling everything else to change with us. Nice, and I'm going to follow up with you a little bit about, we know AWS has its hands in so many things, but talk to us about your role and about how you're thinking about sustainability in your day-to-day job. Yeah, absolutely, it's great to be here. So thanks so much for having me today. I'm a sales leader at AWS and I manage our digital native business team on the East Coast. So I lead a team of sellers that help our customers at AWS get the most value out of our platform. I've been with Amazon for about six years. Here at Amazon, what's really interesting is that we live and breathe our leadership principles and the guiding principle is customer obsession. And what that means to us is that we work backwards from what our customers want. And what we're learning is that customers are asking us about sustainability really more than ever before. We're hearing from customers that sustainability is a board level topic for many companies and it's actually a criteria when selecting a cloud provider. I think in 2022, for the very first time, Gartner's annual survey of CEO showed that these leaders place environmental sustainability in their top 10 strategic business priorities for the first time. So just to give kind of a real world example of something that I see around sustainability in my kind of day-to-day job, my team is very focused on helping our customers lower their AWS costs and also improve their application performance. So to meet those goals, we've been spending a lot of time talking to customers about our next generation Graviton compute instances which are really more cost effective and also offer a higher performance. But beyond just being cost effective and offering better performance, our new next generation Graviton instances are also more energy efficient. They use only 60% of the energy of our standard compute instances to offer the same performance. And that in turn influences our customers sustainability outcomes. Let's talk about now promotion. You guys have done a great job of giving the audience and the viewers an understanding of who you guys are, what you're doing. Let's talk about now from an optics perspective. McKenna, I'm glad you brought up that so many customers in every industry are have ESG and sustainability initiatives at the board level. It's becoming so standard as we see for customers to have in RFPs, for example, the only one to work with organizations that also have viable executable sustainability programs. But I'd like to know how your companies each are promoting that so that your customers, your prospects, your partners are really well aware of all of the feet on the ground from a sustainability perspective. McKenna, we'll stay with you. Yeah, absolutely. And I think what I've come to learn is that Amazon is just truly all in on sustainability. Knowing that this is a global effort, Amazon co-founded the Climate Pledge. And the Climate Pledge is a commitment to be net zero carbon across our businesses by 2040, which is actually 10 years ahead of the Paris Agreement. And this isn't just something that we're doing on our own, right? We're driving this commitment outside of Amazon and the Climate Pledge now has about 400 signatories. So it's really an area where we're making this commitment and then we're also taking it to our customers and asking them to lean in as well. Beyond just the pledge itself, we announced the Climate Pledge Fund and that's going to be an initial two billion in funding which will invest in visionary companies that will help us transition to a low carbon economy. Here at AWS rates specific to Amazon web services within Amazon, we're focused on efficiency and continuous innovation across our global infrastructure. And that's as we continue on our path to powering with 100% renewable energy by 2025. And the point there that I really wanna mention is that when we continue on this path towards 100% renewable energy, AWS can also help lower our customer's carbon footprints. 451 research actually found that AWS can lower customer's carbon footprint by at least 80% compared to workloads that they might be running in an enterprise data center. Big numbers, that's big impacts. So if you talk a little bit about in our time remaining, cognizance, promotion, what are you guys doing to really let the world know what you're doing, especially from your office? Yeah, well, first we've joined the climate pledge. So thank you to AWS for raising that and forgetting it started because it really signifies to me how companies need to hold hand with their partners, their clients all the way up and down their value chain and their supply chain. And quite frankly, you say we require change.  And to me, that's what the AWS climate pledge represents. And when our partners like AWS shift their cloud to renewable energy, it enables us to share with our clients that we can also pass on that goodness through their value chain. We talk about this internally and externally. And let me answer that question both with the internal and external perspective. From the external perspective, it's really a two-way conversation with clients at this point. Clients are knowledgeable, sophisticated on the topic, hungry for action. So we'll proactively raise it, of course, in client conversations, but we're also seeing it at least in RFIs and RFPs. There is no getting away from this topic and I wanna emphasize that. For anyone who's still wondering if this is a fad or something that's gonna take a lot, it's not. This is a secular trend that's here to stay. And emphasizing and kind of securing the permanent nature of that trend is demand from our own associates and employees. And I know AWS uses too. The biggest thing we're doing to talk about it is training. We have launched a goal of training 100,000 of our own associates on the basics of climate and a sustainable economy. And that is how we wanna talk about it through education and knowledge. Fantastic, that's a big goal. And I have no doubt with the focus coming from your office, Sophia, that that will be accomplished. Daenerys, finishing this question with you, you've given us some great info on Ginkgo, what you guys are doing, but talk to us in a short kind of sound bite here about some of the biological sustainability programs that we can see that Ginkgo is actually delivering. Absolutely, so when talking about biological sustainable programs like Ginkgo, I'm glad that Sophia mentioned emissions reduction and because emissions reduction in energy and transportation capture headlines these days. You see the idea that we all need to be driving electric cars and stop burning fossil fuels to go around and all that's essential to reach that goal, emissions reduction, but to make it to net zero, all sectors will need to decarbonize, particularly chemicals, food and agriculture. Biotechnology, what Ginkgo offers now, offers a key tool to reduce emissions in this area, but the biology and the focus on the programs anywhere we can, we look for sustainability using far less land, water, how can we really contribute to a better world? So traditionally, when people think about biotechnology, usually you think about healthcare or pharma, but although we do contribute in those areas, we have mRNA vaccines that we have collaborated on, gene therapy, cell therapy, et cetera. We also work with companies that want our help to bring more sustainable products, whether those are products that we eat, things that we wear, beauty products, things that we hold in our hands, basically things that we use in our daily lives and reduce the reliance on extraction and fossil fuels through the programs that we provide for our customers. These bio-based processes typically are associated with far less emissions and far less land, like I said, and water use than other, than traditional processes would in that case. So we can use the ultimate renewable source, which is nature. We can use the old metal sustainable technology, which is the manufacturing platform of the world. When you look at the world around you and you look at what's outside, you plan to see and what happens, a plant is sustainably produced. We take advantage of the same power and ally with it in order to help companies across all these markets. This is the benefit that you get and how you get it when it comes to sustainability at Ginkgo. Outstanding, and we could keep going on this, but clearly what AWS, Ginkgo, Cognizant are doing from an optics perspective, from a promotion perspective, it's huge. I'm sure we are scratching the surface, but thank you lady for sharing that. I want to go in our last few minutes here and just kind of double click on AWS's partnerships with both Ginkgo and with Cognizant. So McKenna and Daenerys talk a little bit about AWS and Ginkgo together, how you're working together when it comes to this all important sustainability initiative. McKenna, go ahead, we'll start with you. Yeah, absolutely. Was really excited that DD Daenerys was able to join the panel today because prior to moving into a leadership role at AWS, actually supported Ginkgo BioWorks as their account manager. So Daenerys and I have had the opportunity to work together for several years. So excited to share just a little bit about how Ginkgo BioWorks is using AWS and then I'll turn it to Daenerys to talk about how that's driving sustainable outcomes for their customers. Ginkgo stores all of their historical genetic sequencing runs and then lab experiment data on our storage service which we call S3. Ginkgo also tracks lab samples from the IoT sensor data collected in their robotic labs. And one area that I think is really important to mention is that Ginkgo automates creating new accounts for new experiments within their foundry, their lab system and that allows them to scale up and down for every new project so that they can really quickly execute on driving those sustainable outcomes for their customers. The scalability is just a huge benefit for Ginkgo BioWorks because their business is project-based and they need that flexibility to innovate these biological breakthroughs for their customers. I'll turn it to Daenerys now to speak specifically on the outcomes. Sure, thank you, Makena. Yes, and the partnership with AWS over these last six years, six, seven years, I think, has been tremendous. We have grown our footprint in a way that I cannot imagine we have, but I couldn't have imagined that. And when we started, we have over 200 AWS accounts today, I think we're at 250 right now and more to come at the rate the company's growing. So in a way, you can think about Ginkgo like the AWS for biology just as AWS helps companies. We use the latest cloud computing. Our platform helps companies use the latest in biotechnology. So Amazon has Amazon Web Services, right? Which is an Amazon final way to externalize the processes and microservices that they were using internally and make them available to the public. That's basically the same thing that we're doing with technology. So I like to think of AWS as Beats and Ginkgo as Adams because what we run is honestly when we do the cells that we engineer, they run on code. And that code is in the form of zeroes and ones like Mitzar is in the forms of A, C, T's and G's because we decompose DNA and we actually edit it to make that code but those code changes and make it, right? The different type of functions. So we can re-engineer cells to do and bring these sustainable initiatives that our customer come to us for. So the systems and the software platform that support our fund re-operations from entirely in AWS, everything. The labs are local, they're physical, they're here. If you can see, I'm sitting here today. The fund rate is hundreds of thousands of square feet. And what you see behind me are the robotics and the automation that was referring to. And let me tell you all of that laboratory space produces an incredible amount of data. And that's very challenging. This is the challenge in the surveys that we use, the service provider that we use to analyze the data and to help us operate the foundry is AWS, right? The main reason why we went with AWS is because of flexibility. When it comes to scaling, to availability, like McKenna said, scaling is a big thing for us. Just the same way the services in AWS to scale. We also want to scale the foundry operations every year, this key for our business model. Most importantly, when it comes to efficiency, making sure that we are using cloud resources that we can throttle up and down when we need reduce the use of electricity and energy and have a higher usage rate because the resources that we are leveraging for that are running in the cloud versus having that running on-prem where you use more electricity, you have resources now that you're using all the time. And that's great. So our potential to contribute to emissions reductions, activities grows with each additional program brought into our foundry. With each program, our platform improves in every show cycle, allowing biotech to be more readily applied to complex applications for our customers. And as we scale, we'll continue to work with AWS to help our platform continue to positively transform industry and help more to become- Awesome. When you started talking DNA, you just were speaking my old language. I studied biology for a long time. So I thought it definitely seems like AWS and Ginkgo are very symbiotic on user upon there. Last question, but can I take us out, talk a little bit about AWS and cognizant, what you guys are doing better together in our last minute or so here. Yeah, thank you. The cognizant team here at AWS was nice enough to brief me on the longterm relationship. Cognizant and AWS have an 11 year relationship where cognizant uses AWS technologies and platform internally. And then also for customer facing workloads and then cognizant as one of our partners provides a range of professional and technology services to AWS, amazon.com and then also to joint customers. So further the impact of cognizant and AWS working together, our teams have actually created a solution that analyzes the environmental impact of moving applications from an on-premise data center to the AWS cloud. So I think this speaks to the stat I shared earlier, right? Where research is finding that AWS can lower a customer's workload carbon footprint by at least 80% compared to enterprise data centers. And that's an area that we're partnering with cognizant. Customers can use data from that joint solution I mentioned to really ensure the attainment of their own sustainability goals. Tremendous opportunity that all three companies are delivering to your customers, your prospects, better together is clearly I think a theme of this message. Thank you so much, all three of you for joining me talking about your roles, how you think about sustainability and more importantly, what your companies are doing together to further those initiatives. Earth Day is around the corner. I'm sure you guys have some great plans. I want to make some good plans too. Ladies, thank you. It's been such a pleasure having you on the program. Thank you for having us. Oh, our pleasure. Yeah, we want to thank you, our lovely audience for watching. You've been watching Women of the Cloud, building a greener future brought to you by AWS. I'm Lisa Martin, we'll see you next time.


Venezuela's opposition leader Juan Guaidado on Saturday led protests through the streets of Caracas to demand COVID-19 vaccines be allowed into the country amid a store demonization campaign and rising infections. Venezuela has reportedly acquired 300,000 Sputnik 5 vaccines and 500,000 doses of the shot, developed by China's Sinopharm, which so far have been administered to public officials, health workers, teachers and some senior citizens. But pressure is on the government to step up the number of vaccines made available. The COVAX Global Vaccine Program had offered to sell doses of the AstraZeneca vaccine to Venezuela pending a payment arrangement, but President Nicolas Maduro's government blocked his use following concerns about blood clotting. And don't forget to hit the notification button so you get notified about fresh news updates.