10/10 |#038| Benefits of Being Frugal 💡 Bots on LinkedIn 🦾 and Big-Time Book Recs 📚

Good morning and welcome back.

We hope you’v enjoyed these first few weeks of autumn.

Yes, autumn. Not to sound pretentious or anything, but we don’t like the term fall.

At OTF, we’re all about rising up.

Here are this week’s HIGHlights:

😄 The Benefits of Being Frugal.

🦾 LinkedIn’s New AI Features. 

💡 An October 2 DO!

➕ Much. More.

Experts’ Advice 🤝 

Who is Johnny Brown? 

• He’s an online entrepreneur who shares evidence-based health, fitness, and habit solutions to help maximize your performance.

• One of his tweets went viral on “How to fall asleep in 2 minutes or less with the Military Method. His Twitter Tribe of ~114k might have helped that virality.

Who is Mackenzie Smith? 

• She helps busy professionals lose weight and improve mental strength so they can perform at the highest level.

• She’s closing in on 100k followers on X; if you’re looking for more on her, you can find it here.

Hustle Hub 📈 

• THEIR SUCCESS: Not backyard baseball, but backyard side-hustle.Find out how this 55-year-old brought in nearly $20,000 a month.

• YOUR SUCCESS: If you’re still new to AI, even though we talk about it every week, here are advantages of AI which will help you better understand it.

• THEIR SUCCESS: Baked by Melissa CEO shares her opinions re: “what works on social media;” after all, she does have 2.4 million followers on TikTok.

• YOUR SUCCESS: Are you imaginative but can’t figure out how to monetize your creativity? Check out this article outlining how technology can help.

Making Cents 🤑 

Why the heck should I be frugal ?

Short & Sweet: Frugal doesn’t mean "cheap;” it means making smart decisions with your finances.

Why It Matters: Because being frugal can help you spend in ways that add value to your life while actively eliminating spending that doesn’t help you reach your goals.

💡 Here are some reasons why you should consider becoming more frugal:

• Quality over Quantity: Prioritizing quality over quantity means you invest in items that last longer, saving you money in the long run.

• Less Stress: Living within your means and managing money wisely can help reduce financial stress.

• Keeps You Goal-Oriented: Having personal or financial goals comes with a cost, and being frugal helps remind you of the goals you’ve set and the pitfalls that come with mindless spending.

Digital Networking Hack 🤜 🤛 

🤔 LinkedIn’s Learning AI-Powered Coach

How about this from LinkedIN?! “A chatbot experience that offers both real-time advice and tailored content recommendations all personalized for you based on your job title, your career goal, and the skills you follow.”

They’re also testing out real-time advice in two of the most in-demand skills that apply across all job types: leadership and management.

💡 Here are some more interesting facts re: LinkedIn’s AI initiatives:

• The chatbot is supposed to help users learn soft skills, like teaching them how to delegate their tasks and responsibilities effectively.

• The AI Career Coach Bot will provide specific feedback based on skills, jobs titles, and career goals.

• Recruiter 2024 is a new AI-powered assistant that will help recruiters find stronger candidates.

For the Official Launch Post from LinkedIN, click here. 

Conversation Starters 🤝 

• SELF-INTEREST: Talk about how many of the world’s Top 20 Places you’ve been to (or use it to plan your next vacation).
  

• HUMAN INTEREST: Talk about this 16-year-old founder who’s already raised 450K for her company.

• ARTIFICIAL INTEREST: Talk with your colleagues about how these 7 ChatGPT prompts can help out with your most boring job tasks.

Major Moves 🗞️ 

 💰️ BRISTOL-MYERS SQUIBB:

A $5.8 BILLION deal?!? Just another day at Big Pharma…

It seems like the industry giants just keep getting bigger. “Bristol-Myers Squibb will acquire cancer drugmaker Mirati Therapeutics for up to $5.8 billion, diversifying its oncology business and adding drugs it hopes can help offset expected lost revenue from patent expirations.”

Based on the article, BMS was motivated primarily by Mirati’s promising lung cancer treatments.

 📱 canopy:

If you’re a content creator, this is the social app for you!

Canopy is a social networking app for content creators that just announced the launch of its pilot program (restricted to 1,000 influencers). The app’s goal is for creators to “connect, crowdsource information, and for lack of a better term, ‘spill the tea.’”

If you’re interested in early access, sign up here.

 🏗️ STERLING INFRASTRUCTURE:

Manufacturing is returning to the US, and we are here for it.

Post-pandemic, many companies have realized the “fragility of the globalized supply chain,” which means manufacturing (and jobs!) coming back from overseas. It also means “boom-time for the companies building all of the new factories, data centers and warehouses, like Sterling Infrastructure - its market value jumped 506% in the past four years.”

We love it!

🏋️ copilot:

Get matched with a remote fitness coach, then get in shape!

“CoPilot, a digital training app that matches users with one-on-one remote fitness coaches, has raised $6.5 million in Series A-1 funding.” The app, whose goal is to link people up with personal trainers for a fraction of the in-person cost, has already seen over a million workouts completed.

No more excuses! Make it happen!

Food For Thought 💭 

2 Do This Month 💡 

• Make unique Halloween plans - instead of doing the same old thing, get out of your comfort zone. Find a horror-themed escape room, host a “costume swap party,” or spend the holiday on a camping trip telling scary stories by a campfire. Whatever you decide, make this Halloween stand out from the rest!

• Read a new book - we have three recommendations for you:

  • The Courage to be Disliked:  This book demonstrates how to unlock power within yourself to be the person you truly want to be. What’s cool about it is that the entire book is written in conversation format between a philosopher and his student.

  • How To Win Friends and Influence People: It will teach you 6 ways to make people like you, 12 ways to win people to your way of thinking, and 9 ways to change people without arousing resentment.

  • Atomic Habits: This will teach you exactly how to form good habits, break bad ones, and master the tiny behaviors that lead to remarkable results.