10/24 |#040| Must-Read Hustle Hub 📈 Mastering Micro Talk 😎 and Million-Dollar Savings 🤑

Good morning and welcome back.

Despite all its downsides, the Internet is truly an amazing thing. There is soooooooooooo much good stuff, especially if you block out distractions and know where to look.

Our favorite task each week is finding the gems that we share with you, and hopefully we’ve put you on to some websites, apps, and content creators that you can turn to when you need a boost.

And if you have any that you wanna recommend, hit us up at [email protected]. We’re always looking for new content sources!

Letter-Linkup 🤝 

Email Magic 🪄 

Before we jump into the goods, we’d like to share an awesome newsletter if you’re into the email game.

This is a free weekly email that will show you how to increase readers and revenue at the same time.

We have been enjoying and incorporating some of their content…so if you’re interested, check out more 👇️ 

This week’s formula for success:

💥 12 I’s for Innovation + 6 Traits for Successful Startup Founders.

💰️ 7 Tips Toward a $1M Bank Account.

🗣 Zero Time for Small-Talk? Try Micro Talk.

➕ Much. More.

Experts’ Advice 🤝 

Who is Justin Welsh? 

• Now onto his second career, he “teaches creators how to identify, develop, and monetize skills they already have.” He has amassed over 500,000 followers across LinkedIn and X.

• He’s a solopreneur, angel investor, mentor, and he runs a newsletter called The Saturday Solopreneur that you can check out here.

Who is Fiona Smith? 

• “She has spent 11+ years studying finance, with the last 7 as a wealth and investment advisor…she has helped manage over $600M and holds her MS in Personal Finance Planning. She has also co-founded a non-profit community teaching financial literacy, and her work is featured in Forbes, MSN, Experian, and FinCon.”

• Her website is themillenialmoneywoman.com, and her newsletter can be found here.

Hustle Hub 📈 

• THEIR SUCCESS: Be sure to store a gem or two from this story about the beginning of Mark Cuban’s billionaire journey.

• YOUR SUCCESS: Learn about the 12 I’s that serve as your checklist for successful innovation.
  

• THEIR SUCCESS: This successful financial planner shares a book recommendation for anyone “who wants to live their best financial life and build wealth.”

• YOUR SUCCESS: These are the six personality traits you need to be a successful startup founder (remember: if you don’t see yourself in this list, it’s never too late to grow.)

Making Cents 🤑 

How the Heck Can I Reach $1M in Savings?

Short and Sweet: Fox Business recently published a list of seven things you can do to put the seemingly-unattainable well within your reach.

Why It Matters: We all seek financial security and comfort, and this list can help you get there. I mean, who doesn’t want to be a millionaire?

💡 Here are the 7 things you can do to get your bank account to $1M:

1. Make lifestyle adjustments to cut down on spending.

2. Max out your 401K contributions as soon as possible.

3. Invest early, and be willing to take risks!

4. Pay down debt (and try not to accumulate more).

5. Monetize your passion projects or interests.

6. Develop multiple streams of income - the opportunities are endless these days!

7. Automate your savings.

For further explanation, click here.

And for those Office fans…

Cool Communicator 😎 

The Art of Micro Talk:

This article from Psychology Today was too good to pass up.

TL;DR: Small-talk is crucial to “making friends, building trust in new acquaintances, easing into deeper conversations, or navigating unfamiliar social settings,” but nowadays we often feel too busy to engage.

Enter Micro Talk: you can use these concise forms of language to replace typical, often-rambling small-talk while still reaping the same rewards.

Two tips for utilizing micro talk to your advantage:

* Master Your Nonverbal Cues - body language and facial expressions are the most obvious, but there are also non-verbal actions you can take when opportunity arises to convey an emotion or character trait (Example: stacking plates after eating out to convey gratitude or helpfulness to the server).

* Don’t Be Shy - Say Hello! - regular hellos with new acquaintances build upon each other and open the door for real relationships, which may be especially vital when networking, building a small business, etc.

Main Takeaway: When you’re too busy for casual conversation, a nod, a smile, a simple “Hi” can still do wonders.

Conversation Starters 🗣

• SELF-INTEREST: Talk about moving to Minnesota (or Utah, or New Hampshire) so you too can be among the least-stressed people in the United States.

• HUAMN INTEREST: Talk about TikTok’s Doctor Mike and his tips for longevity. He has 11 million YouTube subs and 2.1 million on TikTok.

• ARTIFICAL INTEREST: Talk about how you and your colleague’s can “futureproof” your careers despite the rise of AI.

Major Moves 🗞️ 

 👋 DISNEY:

What did they do with their business in India? They “Let It Go.”

There has been a lot of talk lately about Disney selling off various properties, and it looks like that talk was legit: “Reliance is nearing a deal to acquire Disney’s India business, according to a report, as Mukesh Ambani’s oil-to-telecom empire eyes broadening digital and television assets.”

The two sides are still a couple billion apart re: valuation, but that’s peanuts to these giants. Reports expect the deal to close as early as next month.

 🖥️ anyplace:

Work from anywhere, comfortably…

Formerly a hospitality startup, Anyplace pivoted in 2022 to give “remote workers and corporate travelers [the ability] to work from anywhere with furnished apartments that include a ‘fully equipped’ home office.”

The pivot seems to have worked - they just doubled their valuation with an $8.27M Series B funding round.

 🤝 swapdesk:

How about another startup that wants you to WFA?

Similar to Anyplace (featured above), Swapdesk wants you to stop working from home. Well, from your home at least. “The home-exchange startup is targeting remote workers who can temporarily trade places.”

The company is focusing their growth phase on high-profile cities like New York, London, and Paris, and the appeal is that “trading a home is far less expensive than a hotel or short-term rental.”

💳️ AMERICAN EXPRESS:

Reporting BIG earnings!

Last year’s Q3 saw American Express earn $2.47 per share. So this year, analysts didn’t expect a particularly big jump - they estimated $2.94 per share. Well, they were wrong: “The financial services giant reported earnings of $2.45 billion, or $3.30 per share.”

Despite inflation and resumption of student loan payments, people are spending plenty on travel and entertainment, which many attribute to AmEx’s record quarter.

Food For Thought 💭