Become a Better Investor Newsletter – 31 December 2022
New My Worst Investment Ever episodes
Ep638: Drew Neisser – Be Real Estate Light
BIO: Drew Neisser is the founder of Renegade and CMO Huddles. Drew has helped dozens of CMOs unleash their inner renegade via multiple award-winning campaigns.
STORY: Drew made the mistake of increasing his staff from 40 to 100 and tripling his office space. Then one of his clients refused to pay the $500,000 owed. He was left with a real estate and cash flow problem.
LEARNING: Be conscious about recurring versus non-recurring revenue. Be careful not to lose your business focus while chasing revenue.
Access the episode’s show notes and resources
Ep637: Rick Elmore – Your Entrepreneurial Journey Is the Dream
BIO: Rick Elmore is an entrepreneur, sales and marketing expert, and the Founder and CEO of Simply Noted.
STORY: Rick had a team of software developers, electrical engineers, and mechanical engineers who were to develop a robot for a seven-figure client. The robot was supposed to be done six months before the client signed the contract. Unfortunately, the team couldn’t deliver, so Rick lost the contract.
LEARNING: Let your losses drive you. There’s no straight line to success.
Access the episode’s show notes and resources
Ep636: Lisa Gates – Someone’s Burdens Shouldn’t Be Yours
BIO: Lisa Gates is a leadership coach and career story sleuth who helps women strategically self-advocate so they are seen, heard, valued, and paid.
STORY: Lisa’s husband got a 65 Mustang as payment for an $800 debt. They spent over $14,000 to repair the car and sold it for just $7,000.
LEARNING: Don’t invest in something you don’t naturally value or have an interest in. Don’t let other people’s problems be yours.
Access the episode’s show notes and resources
Published on Become a Better Investor this week
What is the Taguchi Loss Function and how does it apply to education? In this episode, Andrew and David talk about statistician Genichi Taguchi’s idea that the further you move from a measurable quality target, the more quality is lost, even if the item still “meets specifications.” David shows how you can apply this to education.
Listen to The Taguchi Loss Function: Deming in Education with David P. Langford (Part 9)
TOA Paint (Thailand) Public Company Limited (TOA TB): Profitable Growth rank of 4 was down compared to the prior period’s 3rd rank. This is above average performance compared to 810 medium Materials companies worldwide.
Read TOA Paint (Thailand) – World Class Benchmarking
LT Group Incorporated (LTG PM): Profitable Growth rank of 7 was up compared to the prior period’s 8th rank. This is below average performance compared to 1,590 large Industrials companies worldwide.
Read LT Group – World Class Benchmarking
PT Merdeka Copper Gold Tbk (MDKA IJ): Profitable Growth rank of 1 was up compared to the prior period’s 8th rank. This is World Class performance compared to 810 medium Materials companies worldwide.
Read Merdeka Copper Gold – World Class Benchmarking
Hundsun Technologies Incorporated (600570 SH): Profitable Growth rank of 4 was down compared to the prior period’s 2nd rank. This is above average performance compared to 740 large Info Tech companies worldwide.
Read Hundsun Technologies – World Class Benchmarking
DISCLAIMER: This content is for information purposes only. It is not intended to be investment advice. Readers should not consider statements made by the author(s) as formal recommendations and should consult their financial advisor before making any investment decisions. While the information provided is believed to be accurate, it may include errors or inaccuracies. The author(s) cannot be held liable for any actions taken as a result of reading this article.