50 Episodes Later, Ramphis Castro Returns To Talk About Investing In Hard-Tech & Life Science Startups
Ramphis is a serial entrepreneur, investor, and philanthropist. He is the co-founder of ScienceVest, a venture capital fund for hard-tech and life science companies. He is an experienced technologist and product strategist that has led and supported venture-backed teams from idea to exit. He is a Kauffman Fellow and co-Chairs the NYC chapter of the Society. As a Fellow, his research focused on the funding gaps for radical science companies in the U.S., collecting interviews of over 200 stakeholders across the research & commercialization ecosystem in the U.S.
Reminiscing on my first podcast is my guest, Ramphis Castro. We sat down for my very first podcast in August of 2015 and he has watched it grow over the years. It was great to have him here with me again. Ramphis is a serial entrepreneur, investor and philanthropist that has impacted several companies across 40 countries. His quote sums him up very well, “I am a Computer Engineer and Lawyer by training, serial entrepreneur by experience, and grass-root ecosystem builder by conviction.”
A Puerto Rican Native, Ramphis grew up by the beach with his dad, mom and three siblings. He is close to his family and had his mom instilling entrepreneurship in his mind from the beginning. The family always had little ways to make some extra spending money outside of their jobs, which taught Ramphis investing and ways to make money from a young age. He was fortunate enough to go to a school that taught English and went to an Engineering school for college. From there he was hired as a Microsoft, which was the hot company to work for at the time. He then started a consulting service company, had to learn from a few mistakes, and get back up. He has now owned several companies and has helped multiple companies by investing. Listen in to hear more about Ramphis and his path to success:
World happenings from Episode 1
Life in Puerto Rico
Early Entrepreneurial experiences
Working for Microsoft
Starting his own company
Learning from bad experiences in owning a company
Joining Kauffman Fellows
Seeing different Ecosystems around the world
NYCIC
Venture Capital
Ambition Today Question of the Day™ :
Where is the future of Venture Capital is going?
The Single Greatest Piece of Advice:
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Quote Of The Episode:
“You don’t know what you don’t know”
Links from this episode:
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Thank you for listening!
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Transcript:
You can find the full transcript of this episode here.
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Understanding Your Habits To Become Indistractable, With Nir Eyal
Author, Blogger, Entrepreneur, Teacher, Investor, and Consultant, also known as our next guest, Nir Eyal. Well known for his blog, Nir & Far, Nir writes about “behavioral design” the intersection of psychology, technology and business. He helps companies with techniques to motivate and manipulate users.
Author, Blogger, Entrepreneur, Teacher, Investor, and Consultant, also known as our next guest, Nir Eyal. Well known for his blog, Nir & Far, Nir writes about “behavioral design” the intersection of psychology, technology and business. He helps companies with techniques to motivate and manipulate users. He has successfully founded and sold two businesses in the tech industry and now has his book “Hooked” on the market, with his newest book, “Indistractable” coming in September.
Nir, originally born in Israel, moved to the US when he was just three years old and grew up in Orlando, FL. He received his MBA at Stanford Graduate School of Business, where he has since then taught. He is also an active angel investor as he believes in putting his money where his mouth is and invests in habit forming products. Listen in to learn more about Nir:
Growing up in Orlando
How Nir knew he would become an entrepreneur
Stanford Graduate School of Business
Nir & Far – the meaning behind the name of his blog
“Hooked”
Types of Manipulation
Creating Habit Forming products
His new book, “Indistractable”
Ambition Today Question of the Day™ :
“What are your thoughts on iPhone addiction? How do we protect ourselves from them?”
The Single Greatest Piece of Advice:
Members of the "A-list" can listen to exclusive A-list bonus clips here! If you are not a member yet be sure to join the Ambition Today A-list!
Quote Of The Episode:
“It is not the best product that wins, it is the product that captures the monopoly of the mind.”
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Thank you for listening!
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
Transcript:
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Byron Reese Believes Technology Will Bring About A New Golden Age Of Humanity
Fascinated about how things worked and technology from a young age, today’s guest, Byron Reese, makes you question, are you a machine?
Fascinated about how things worked and technology from a young age, today’s guest, Byron Reese, makes you question, are you a machine? Today, he puts his fascination into good use as the CEO and publisher of Gigaom, an industry-leading technology research company. Bryon is also an award-winning public speaker and author of “The Fourth Age: Smart Robots, Conscious Computers, and the Future of Humanity.”
Byron grew up in Austin, TX and became an entrepreneur at the young age of 12. He did not have entrepreneurship in his family background, but that wouldn’t stop Byron from becoming a great success today. As a futurist, a forward thinker, Byron helps you think about the good that artificial intelligence has to offer and where we are going in this age of technology. Listen in to hear more about Byron:
Growing up
Rice University
Starting his first company with a can of spray paint
Starting Knowingly
Santa Mail
Talking about Gigaom and AI
Are you a machine?
Ambition Today Question of the Day™ :
“450 businesses is a lot. How do you think about playing the long game vs a short one, when it comes to sticking with something for so long?”
The Single Greatest Piece of Advice:
Members of the "A-list" can listen to exclusive A-list bonus clips here! If you are not a member yet be sure to join the Ambition Today A-list!
Quote Of The Episode:
“What are We in the end?”
Links from this episode:
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Thank you for listening!
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
Transcript:
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Matt Mandell Is Automating Businesses So They Can Focus On Higher Priorities
Starting out young, today’s guest, Matt Mandell, created his first company at the age of 12. Matt grew up with a supportive family full of entrepreneurs, so Matt was very comfortable with entrepreneurship from the start. He attended college in DC, where he spent the next several years developing multiple companies that were selective to college students.
Starting out young, today’s guest, Matt Mandell, created his first company at the age of 12. Matt grew up with a supportive family full of entrepreneurs, so Matt was very comfortable with entrepreneurship from the start. He attended college in DC, where he spent the next several years developing multiple companies that were selective to college students.
Matt is well known for his serial entrepreneurship and has spoken all across the nation teaching students how to become entrepreneurs themselves. He has been publicized multiple times, including New York Times, has helped start up multiple companies, and now is a managing partner with GAM Payments, a payment solution provider for mid-market companies. Interviewing Matt showed that there are different ways to look at being a leader that really make you think. Tune in to hear more:
Growing up in an Entrepreneurial Family
Creating his first business at the age of 12
College experiences in DC
The many businesses Matt created while in College
Mentoring at Founder Institute
Automation and Efficiency
Investing in companies instead of creating them
Meaning and reasoning for GAM Payments
Ambition Today Question of the Day™ :
“How do you realize when automation is necessary or when you should just do the small task yourself?
The Single Greatest Piece of Advice:
Members of the "A-list" can listen to exclusive A-list bonus clips here! If you are not a member yet be sure to join the Ambition Today A-list!
Quote Of The Episode:
“If something goes wrong, it is my fault for not setting up the correct system and process for my team”
Links from this episode:
Listen to this episode now:
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Thank you for listening!
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
Transcript:
You can find the full transcript of this episode here.
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Dr. Dileep Rao Teaches How to Create Wealth and Keep It
Entrepreneur, investor, public speaker and author are a few titles that Dr. Dileep Rao is known for. He came from India to America in 1973 for his education, and has been a success ever since. While obtaining his PhD, he started working for an Adventure Capital firm one summer that ended up changing his life. He since then has helped invest in hundreds of businesses, which includes four businesses he started himself.
Entrepreneur, investor, public speaker and author are a few titles that Dr. Dileep Rao is known for. He came from India to America in 1973 for his education, and has been a success ever since. While obtaining his PhD, he started working for an Adventure Capital firm one summer that ended up changing his life. He since then has helped invest in hundreds of businesses, which includes four businesses he started himself. He is now a professor at the Florida International University and has been awarded numerous awards for teaching.
Dr. Dileep Rao is now a nationally acclaimed author, writing “Nothing Ventured, Everything Gained”. He was able to study many successful entrepreneurs in his time, and he came up with 7 steps that all successful entrepreneurs seemed to follow. His book dives deep into his findings. Learn more about Dr. Dileep in this episode!
· Coming to America for Education
· Working for his first Adventure Capital Firm
· Helping Fund hundreds of companies
· His experience writing his book “Nothing Ventured, Everything Gained”
· The 7 steps for Entrepreneurs
· Where growth opportunities are at
· What Dr. Dileep is doing today
Ambition Today Question of the Day™ :
“Where do you see the future of venture capital going next?”
The Single Greatest Piece of Advice:
Members of the "A-list" can listen to exclusive A-list bonus clips here! If you are not a member yet be sure to join the Ambition Today A-list!
Quote Of The Episode:
“Numbers help you monitor where you are going”
Links from this episode:
· Amazon
· Audible
Listen to this episode now:
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Thank you for listening!
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
Transcript:
You can find the full transcript of this episode here.
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Greg Alterman is Making Life Simpler with Gender Neutral Everyday Products
Today’s guest grew up with Entrepreneurial spirit surrounding him. All of the men in Greg Alterman’s family for generations owned and operated one of the largest grocery stores chains in the South since the early 1900’s.
Today’s guest grew up with Entrepreneurial spirit surrounding him. All of the men in Greg Alterman’s family for generations owned and operated one of the largest grocery stores chains in the South since the early 1900’s. With all the entrepreneurial passion within him, he started his first successful shirt business while attending college at the University of Florida. Alternate Apparel successfully grew until he sold the company for $60 million dollars nearly 30 years later.
In 2015 Greg suffered from a brain hemorrhage that would change his life forever. During his recovery, he noticed that vibrant colors and clutter really were bothersome to his sight which lead him to create his newest business endeavor, m/f people. Alterman wanted to company that didn’t market towards one sex or the other. m/f people focuses on sleek and simple designs for skin care products as well as apparel. Listen in to hear more of Greg’s amazing journey!
Family Owned business that started on the side of the road in the early 1900’s
Greg’s Entrepreneurial spirit from early on
Going to college on a Golf Scholarship
What Greg did to create income once his scholarship was no longer there
Alternative Apparel
Selling a company for $60 million dollars
How Brain surgery changed his life
His vision behind m/f people
Ambition Today Question of the Day™ :
“How do you stick to the grind for so long?”
The Single Greatest Piece of Advice:
Members of the "A-list" can listen to exclusive A-list bonus clips here! If you are not a member yet be sure to join the Ambition Today A-list!
Quote Of The Episode:
“Listen to your own gut instinct.”
Links from this episode:
Listen to this episode now:
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Thank you for listening!
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
Transcript:
You can find the full transcript of this episode here.
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Alex Batdorf Is Teaching Female Entrepreneurs How To Get Shit Done
Did you know that only 17% of all startups have a female founder? Well we are lucky enough to have a female founder on our show today, Alex Batdorf. Alex is a business coach, co-founder of Zip Fit, a company that delivers a perfect fit denim for every body and now the creator of a YouTube series called Get Sh!t Done.
Did you know that only 17% of all startups have a female founder? Well, we are lucky enough to have a female founder on our show today, Alex Batdorf. Alex is a business coach, co-founder of Zip Fit, a company that delivers a perfect fit denim for every body and now the creator of a YouTube series called Get Sh!t Done. This series focuses on helping female entrepreneurs maintain a balance between pursuing purpose and profit.
Growing up in Seattle, Alex had a lot of family support; they always told her the sky was the limit. She was never that kid that knew she would be an entrepreneur, she just knew she wanted to impact the world. Moving to Chicago for her undergrad degree was a big culture shock for her, but taught her a lot. After getting her Sociology degree and seeing all the entrepreneurs from her classes she realized the potential she had to become the great entrepreneur she is today. Tune in for more!
Growing up in Seattle
Culture shock moving to Chicago
How Sociology influences her as a founder
The story of starting ZipFit
The ins and outs of finding investors
Her new Youtube series, Get Shit Done
How she is helping other Female Entrepreneurs
Ambition Today Question of the Day™ :
“How do you know when it is time for a change, and when you recognize it, how do you push it forward?”
The Single Greatest Piece of Advice:
Members of the "A-list" can listen to exclusive A-list bonus clips here! If you are not a member yet be sure to join the Ambition Today A-list!
Quote Of The Episode:
“You have to give yourself oxygen first… if you don’t have oxygen for yourself, nothing else can work.”
Links from this episode:
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Thank you for listening!
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
Transcript:
You can find the full transcript of this episode here.
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Mitch Wainer: Bringing an Infectious Energy to the Marketing World
We are exploring the marketing world on today’s episode, with our special guest, Mitch Wainer. He is the creative marketing leader with many accomplishments such as Co-Founding Digital Ocean and being the Chief Marketing Officer at Clubhouse, a project management platform for software teams that provide the perfect balance of simplicity and structure. Mitch is an active advisor and speaker on entrepreneurship and growth marketing to the startup community
We are exploring the marketing world on today’s episode, with our special guest, Mitch Wainer. He is the creative marketing leader with many accomplishments such as Co-Founding Digital Ocean and being the Chief Marketing Officer at Clubhouse, a project management platform for software teams that provide the perfect balance of simplicity and structure. Mitch is an active advisor and speaker on entrepreneurship and growth marketing to the startup community
Mitch grew up with a great family support system, that he feels is an important part in his entrepreneurial success. He graduated with a degree in Marketing from Northeastern. Short after graduating college, he found himself sitting in board meetings with seasoned professionals, trying to convince them that Facebook and Social Media is the way of the future. Listen in to find out more about Mitch and his success
High school and college years
Family Support System
Teaching himself how to build websites
Mitch’s first start out of college
Being a part of the Ask Jason podcast
Co-founding Digital Ocean
Mitch’s role at Clubhouse
Marketing then compared to marketing now
Ambition Today Question of the Day™ :
“Do you travel often, how important is travel for you, how do you balance time for those new experiences and get shit done as a founder?”
The Single Greatest Piece of Advice:
Members of the "A-list" can listen to exclusive A-list bonus clips here! If you are not a member yet be sure to join the Ambition Today A-list!
Quote Of The Episode:
“The support system around you is a key ingredient to being successful”
Links from this episode:
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Thank you for listening!
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
Transcript:
You can find the full transcript of this episode here.
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Brian Pasalich Is Setting The Foundation For Financial Health And Wellbeing
Growing up in an immigrant family, Brian Pasalich lived in Chicago, Croatia and even a small town in Montana all by the age of 13, which has allowed Pasalich to have a deeper understanding of the different walks of life that people face. This combined with a passion for helping people led him to his career in financial planning. He is the founder of Foundational as well as the Vice President of MassMutual.
Growing up in an immigrant family, Brian Pasalich lived in Chicago, Croatia and even a small town in Montana all by the age of 13, which allowed him to have a deeper understanding of the different walks of life that people face. This combined with a passion for helping people led him to his career in financial planning. He is now the founder of Foundational, a consumer-mindset driven platform for financial health and wellbeing
Since a young age, Brian’s passion has been helping others. In his career, he has been a volunteer EMT, a flight paramedic with the Army Reserve, serving on two SWAT teams, and a civilian flight paramedic for a trauma center. He majored in Microbiology at the University of Montana before finding his passion for helping people through financial planning and serving as a Mentor with Founder Institute. Listen in to find out about Brian’s unique experiences and how it has helped him help others:
- Being a SWAT flight paramedic
- Majoring in Microbiology at University of MT
- How his failing business was the best thing that happened to him
- Creating Foundational.co
- Being a part of MassMutual team
- Mentoring at Founder Institute New York
- Being on the board for Marriage Equality
- Staying active in the LGBT community
- How health and fitness is a major part of his life
Ambition Today Question of the Day™ :
“Why does family matter, and how do you balance your personal life with your work life?
The Single Greatest Piece of Advice:
Members of the "A-list" can listen to exclusive A-list bonus clips here! If you are not a member yet be sure to join the Ambition Today A-list!
Quote Of The Episode:
“Name one goal you can accomplish without money”
Links from this episode:
Listen to this episode now:
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Thank you for listening!
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
Transcript:
You can find the full transcript of this episode here.
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Matt Britton Is Changing The Face Of Consumer Intelligence For The Millennial Generation With Suzy
As a serial entrepreneur, Matt Britton has successfully acquired and sold many companies at the perfect time. He is most known for his important role in creating MRY (Mr. Youth) and Suzy.
As a serial entrepreneur, Matt Britton has successfully acquired and sold many companies at the perfect time. He is most known for his important role in creating MRY (Mr. Youth) and Suzy. MRY is a digital and social media marketing agency that helps companies market to the youth, which is tomorrow’s future leaders. His latest venture, Suzy, is a consumer intelligence platform which helps bring the voice of real consumers directly to brands.
Now known as America’s leading expert on the Millennial Generation, Britton’s entrepreneurial spirit all started because of parties believe it or not. He ran 5 to 7 parties a week, and local businesses started to take notice. They would ask him to advertise their business during the parties, which led him to create his first business venue, Magma Group. This was just the beginning for Britton, listen to hear more of his great story:
- How Magma Group came about
- The meaning behind “Magma”
- Creating MRY, Mr. Youth
- How MRY got Microsoft as their customer
- How Suzy was developed
- His book, “Youth Nation”
- Being a serial entrepreneur
- Being an investor
Ambition Today Question of the Day™ :
“You have started several companies over the years, what is being a serial entrepreneur mean to you?.”
The Single Greatest Piece of Advice:
Members of the "A-list" can listen to exclusive A-list bonus clips here! If you are not a member yet be sure to join the Ambition Today A-list!
Quote Of The Episode:
“Ninety-nine percent of decisions made in business have no data behind it”
Links from this episode:
Listen to this episode now:
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Thank you for listening!
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
Transcript:
You can find the full transcript of this episode here.
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Adam Tishman, Bringing Customization To Your Sleep
Do you have to be an expert on a product in order to become a successful entrepreneur? Let’s ask today's guest, Adam Tishman. He is a New Yorker through and through, growing up in Manhattan helped his independence from a young age before becoming the co-founder of Helix Sleep.
Do you have to be an expert on a product in order to become a successful entrepreneur? Let’s ask today's guest, Adam Tishman. Tishman is a New Yorker through and through, growing up in Manhattan helped his independence from a young age. He received his Bachelors Degree at Princeton in History before he decided to pursue an MBA where he met his co-founders of Helix Sleep.
Tishman knew he wanted to be a successful entrepreneur one day, however, he never thought it would be in mattresses. Knowing that mattress buying was confusing, expensive and hard for a lot of consumers, Tishman and his co-founders knew there had to be a better way. Listen for more details on how they have developed an amazing product, and what lead to Tishman's success:
- Born and raised in NY
- Growing up with a metro card
- Obtaining a BA at Princeton
- Tishman’s early on careers
- Meeting his co-founders
- How Helix Sleep came about
- The research behind Helix
- How sleep is innovative and necessary
- The meaning behind the name “Helix”
Ambition Today Question of the Day™ :
As an entrepreneur: How important is sleep to you?
The Single Greatest Piece of Advice:
Members of the "A-list" can listen to exclusive A-list bonus clips here! If you are not a member yet be sure to join the Ambition Today A-list!
Quote Of The Episode:
“As you build your business, it is not just product at the end of the day, it is also the vision that you have and the story that you tell.”
Links from this episode:
Listen to this episode now:
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Thank you for listening!
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
Transcript:
You can find the full transcript of this episode here.
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Allen Saakyan's Simulation, Discussing The Future Of Humanity
We are proud to have Allen Saakyan on our show today. Not only do I get the pleasure of interviewing him, I had the privilege of being interviewed for his podcast, Simulation, as well!
We are proud to have Allen Saakyan on our show today. Not only do I get the pleasure of interviewing him, but I also had the privilege of being interviewed for his podcast, Simulation, as well! This episode will be a little different as we go back and forth asking questions for both of our podcasts, you won’t want to miss it!
Growing up, Allen knew he was destined to take a different path. He was always curious, which drove him to wonder why so many people always took the same path. His quest became to figure out how could he help people desire to take their own path? Fast forward, and now he is the successful founder of Simulation, a podcast that facilitates humanity’s most thought-provoking questions. He also is the host of World’s Fair, a festival with mind-blowing technology and futuristic talks. Listen in to hear more about:
- Allen's meaning of Simulation
- How people are working to make the world a better place
- Why mentorship is so crucial
- How Allen is working to bring back the iconic World’s Fair
- The need to talk about the future and why it is important
- What is the most beautiful thing in the world
The Single Greatest Piece of Advice:
Members of the "A-list" can listen to exclusive A-list bonus clips here! If you are not a member yet be sure to join the Ambition Today A-list!
Quote Of The Episode:
“Value is determined by a person's passion to change the world and make it a better place”
Links from this episode:
Listen to this episode now:
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Join the shows A-list backchannel for exclusive access to additional Ambition Today content, deeper guest insights, a community of fellow fans, and much more. Plus, Learn the single greatest piece of advice this guest has ever learned!
If you are already a member of the A-list then you can easily access your bonus content from right here!
Thank you for listening!
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
Transcript:
You can find the full transcript of this episode here.
Ambition Today Episode Sponsors:
Wes Schaeffer, The Sales Whisperer On Truly Knowing Your Customer
A successful entrepreneur, speaker, and father of 7, Wes Schaeffer is the person you seek when you want to generate more sales. Wes Schaeffer is a marketing strategist and is known as The Sales Whisperer. He grew up in Houston, TX, served in the Air Force, graduated from A&M and became a successful salesman.
A successful entrepreneur, TED speaker, and father of seven, Wes Schaeffer is the person you seek when you want to generate more sales. Wes Schaeffer is a marketing strategist and is best known as The Sales Whisperer. He grew up in Houston, TX, served in the Air Force, graduated from A&M and became a successful salesman.
Although he had the income and personal life he wanted, he wasn’t happy with his job, which is when he became decided to become the Sales Whisperer. Wes's analogy of being a sales whisperer came to him after some inspiration from the dog whisperer. Some dogs have behavior issues but the reality is that their trainers don’t have the proper training to enable them to be successful pets. Just like how sales leaders come to him with lack of training and sometimes incorrect sales tactics, it is Wes’ job to help them learn a better and more efficient way. Listen to our podcast to hear more about Wes’ insights!
- Growing up in Houston and life in the U.S. Air Force
- Knowing when to switch gears
- The start of his career and transition to entrepreneurship
- Common sales leadership do's and do not's
- How he started The Sales Whisperer
- Breaking down Wes' Ted Talk
- Maintaining work-life balance with a big family
Ambition Today Question of the Day™ :
How do you maintain work-life balance to ensure you get time with your family?
The Single Greatest Piece of Advice:
Members of the "A-list" can listen to exclusive A-list bonus clips here! If you are not a member yet be sure to join the Ambition Today A-list!
Quote Of The Episode:
“If you have seven priorities, you have none.”
Links from this episode:
Listen to this episode now:
The A-List
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Thank you for listening!
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
Transcript:
You can find the full transcript of this episode here.
Ambition Today Episode Sponsors:
Gabe Zichermann's Onward Helps You Achieve Tech-Life Balance
Author, public speaker, and entrepreneur are just a few great titles for today’s guest, Gabe Zichermann. He is the CEO and Founder of Onward, a company that helps you achieve tech-life balance.
Author, public speaker, and entrepreneur are just a few great titles for today’s guest, Gabe Zichermann. He is the CEO and Founder of Onward, a company that helps you achieve tech-life balance. Gabe is also known for his expertise on the topic of Gamification. Having written three books, “The Gamification Revolution”, “Gamification by Design” and “Game-Based Marketing”.
Gabe grew up in Toronto with his two parents that immigrated from Hungary and Romania. He had a passion for games from a young age of 8 when he got his first computer, a Commodore VIC-20, and programmed his first computer game. After college, his first big success was Trimedia, which he sold in 2005. From there Gabe helped define the field of Gamification. In this episode, we get to discuss Gabe's full background, both the ups and downs of life, including:
The power of games and their application to the rest of the world
What is "Gamification"
How to recognize when to change your life
Why it can be so important to take a step back
The importance of doing the self work as an entrepreneur
His success with building Trimedia
Growing his newest company Onward
The future of tech-life balance
Ambition Today Question of the Day™ :
“On the topic of tech life balance, how do you recommend people keep themselves in check?”
The Single Greatest Piece of Advice Gabe Has Ever Learned:
Join the Ambition Today A-list to listen now!
Quote Of The Episode:
“The most important thing is to understand who you are and what your strengths and weaknesses are, and be able to name it”
Links from this episode:
Listen to this episode now:
Join the shows A-list backchannel for exclusive access to additional Ambition Today content, deeper guest insights, a community of fellow fans, and much more. Plus, Learn the single greatest piece of advice this guest has ever learned!
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
You can find the full transcript of this episode here.
Be sure to listen and subscribe to the show on your favorite podcast platform.
Terry Young's Sparks & Honey Is Mapping Culture To Forecast The Future
From a small town in Western Kentucky to becoming an entrepreneur on Madison Ave, Terry Young joins us on this episode of Ambition Today. Terry is a successful advertising entrepreneur and the CEO of Sparks & Honey
From a small town in Western Kentucky to becoming an entrepreneur on Madison Ave, Terry Young joins us on this episode of Ambition Today. Terry is a successful advertising entrepreneur and the CEO of Sparks & Honey, a company identifying and mapping emerging cultural waves through the use of machine learning systems, algorithms, and human insight.
After earning his Master’s Degree in advertising, Terry started working in the digital advertising industry in 1995, when digital marketing was just getting started. A short two years later, he was running the company. Terry got the opportunity to live in China and help start-up initiatives while working for McKinsey. He also lived in Kazakhstan while in the Peace Corp where he helped small business shops with their financing and starting their businesses. Terry brings a great perspective on culture and new trends. On this episode, we also discuss:
Growing up in a small town in Kentucky
The impact of joining the Peace Corp
Rebuilding the traditional advertising model
The intersection of being gay and an entrepreneur.
How Sparks & Honey maps culture
Why predicting the future matters
Defining micro signals and macro trends
What is happening in the space industry
Ambition Today Question of the Day™ :
“How do you best recommend that people in organizations ride the waves in a trend?”
The Single Greatest Piece of Advice Terry Has Ever Learned:
Join the Ambition Today A-list to listen now!
Quote Of The Episode:
“I say to every person who was here … that has left, you are also leaving your shape and your mold on the company, because it is a reflection on them too.”
Links from this episode:
Listen to this episode now:
Join the shows A-list backchannel for exclusive access to additional Ambition Today content, deeper guest insights, a community of fellow fans, and much more. Plus, Learn the single greatest piece of advice this guest has ever learned!
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
You can find the full transcript of this episode here.
Be sure to listen and subscribe to the show on your favorite podcast platform.
Anthony Pompliano Is Going Full Tilt To Invest In World-Class Blockchain And Crypto Asset Ventures
Anthony Pompliano is the Managing Partner at Full Tilt Capital, an early stage venture capital firm. Full Tilt Capital now focuses exclusively on investing in world-class companies in the blockchain and crypto asset space.
Anthony Pompliano is the Managing Partner at Full Tilt Capital, an early stage venture capital firm. Full Tilt Capital focuses exclusively on investing in world-class companies in the blockchain and crypto asset space.
"Pomp" was raised in Raleigh, NC, and is one of the first south easterners that we have had on the Ambition Today podcast. He is the oldest brother of five and during his junior year of college, he was deployed to Iraq. During his deployment, he gained a unique perspective on life. His world traveling allowed him to learn about new cultures all around the world in order study human behavior. Once he returned from duty, he jumped into the world of Silicon Valley. He built two small technology businesses and worked for large tech companies like Facebook and Snapchat before starting Full Tilt Capital. Anthony brings us his knowledge, unique insight, and more on this episode of Ambition Today:
- Life lessons from being deployed to Iraq
- Building and selling his first technology business
- What it was like working for Facebook
- Full Tilt Capital's investment thesis
- How important a founders self-honesty is
- Why GPU will beat CPU's in the future
- The story of Standard American Mining
- Why Full Tilt is going all in on blockchain companies and crypto assets
- How to build a successful Angel List Syndicate
Ambition Today Question of the Day™ :
"How do you think about and manage your personal brand, and also find time to get your day to day operations work done and build Full Tilt?
The Single Greatest Piece of Advice Anthony Has Ever Learned:
Join the Ambition Today A-list to listen now!
Quote Of The Episode:
"You don't have to be honest with me. I want you to be, but you don't have to be. You have to be honest with yourself."
Links from this episode:
Listen to this episode now:
Join the shows A-list backchannel for exclusive access to additional Ambition Today content, deeper guest insights, a community of fellow fans, and much more. Plus, Learn the single greatest piece of advice this guest has ever learned!
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
You can find the full transcript of this episode here.
Be sure to listen and subscribe to the show on your favorite podcast platform.
What Is Blockchain? What You Need To Know About Bitcoin, Ethereum, NFT’s, And Crypto
With Coinbase officially adding over 100,000 new accounts per day, I have started to get a lot more questions about Cryptocurrency and Bitcoin in general. My goal with this post is to provide people with a starting point to best get up to speed on the space, fast!
It is a long journey down the rabbit hole of Cryptocurrency to truly understand everything that is going on within the blockchain space (and how it is affecting other industries). But it is not an impossible task, and you have to start somewhere. With Coinbase officially adding over 100,000 new accounts per day, I have started to get a lot more questions about Cryptocurrency and Bitcoin in general. My goal with this post is to provide people with a starting point to best get up to speed on the space, fast!
I first heard about Bitcoin in 2012 while writing daily Tech news for the Launch Ticker. I believe it was priced around $10, but I didn’t understand Bitcoin at the time, so I didn’t buy any. Then, in 2013, Bitcoin became what I would refer to as "Silicon Valley / Venture Capital" mainstream. Which in hindsight, I think we in the industry sometimes forget just how early to new ideas and industries we can be. Even still I did not buy any bitcoin. Even with everyone talking about something, it can be so easy to dismiss the things we don’t understand. And so, as Wayne Gretzky once famously said, "You miss 100% of the shots you don't take."
So two years later I took a deeper look at Bitcoin and I started to understand how it all works before buying some. I went down the rabbit hole; reading blog posts, sub-reddits, listening to podcasts, de-mystifying the blockchain, smart contracts, etc.
Which brings us to today. If 2016 and 2017 have taught us anything, it is that we are in a new era where awareness outpaces execution. In my opinion, social media and the connectivity of smartphones has no problem getting people talking about the hot topics of the day or week on the surface. But we are flooded with so much information that it has become harder to filter what is worth stopping, taking the time to learn more, and going deep on a subject.
And so today, my advice is to take some time to understand Cryptocurrency and it's surrounding technologies. Whether or not you are a believer in Bitcoin, Ethereum, or any other cryptocurrency, the technologies that have enabled this revolution, such as the blockchain, are almost certainly here to stay. I am going to lay out some information, which should help you gain a deeper understanding around the whole industry. I would recommend digesting them in the order I present them in, and remember to keep an open philosophical mind:
Understand Why We Have Money and How It Works Today:
Yuval Noah Harari, Author of the book Sapiens, explains how civilization came to have money over the course of evolution in this TED talk: "Why Humans Run The World". I recommend watching it all, but skip to 10:45 in the video if you want to fast forward to the money part.
This video on Money and Finance from John Green's youtube channel Crash Course is a super quick refresher on how our modern day monetary systems work. It even briefly mentions how Bitcoin has played a role as it has emerged over the past few years.
Bitcoin:
Banking on Bitcoin is a 2017 documentary currently on Netflix. The first 20 minutes will give you a great overview on how Bitcoin ad the technology around it works. With the rest of the film covering the history of cryptocurrency, regulation of the industry, who is Satoshi Nakamoto, the dark web, and how people have used Bitcoin to date. It features interviews with enthusiasts and experts, this documentary covers Bitcoin's roots, its future and the technology that makes it tick.
Blockchain:
The Blockchain is actually explained somewhat simply during this TED talk by Lorne Lantz.
In this episode of the Tim Ferris Show "The Quiet Master of Cryptocurrency", he is joined by Naval Ravikant (who you will also see in Ethereum TechCrunch talk below with Vitalik Buterin) and Nick Szabo (who you might remember from the Banking On Bitcoin documentary above).
This episode goes much deeper into the world of cryptocurrency. You will learn about how the blockchain works, the history of smart contracts, what a Merkle Tree is, the importance of decentralization, and so much more!
In this video from Wired, Blockchain researcher Bettina Warburg explains the blockchain in every age from a child up through graduate school. It then ends with a great conversation with another Blockchain expert.
Lastly with regard to the blockchain, if you click the button below you can see a step by step visual demo of the blockchain in action. I highly recommend clicking through the demo to better understand how blockchains work.
Ethereum:
At age 19, Vitalik Buterin, created Ethereum in 2013. To think about it simply, Ethereum is similiar to Bitcoin but it also allows developers to deploy code and software programs on it's blockchain.
Ethereum is a decentralized platform that runs smart contracts; applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property.
Buying Bitcoin and Cryptocurrencies:
The easiest way to get started with cryptocurrencies is by creating an account on Coinbase.
After signing up you will be provided with your own digital wallet, which is stored in the cloud, on Coinbase’s servers. This is important to note because you are trusting a third party to protect your wallet. There are other digital wallet alternatives if you would prefer to not store your cryptocurrency on Coinbase, such as storing your wallet on your computers hard drive or on an external Zip drive. Whichever you choose, be sure to pick a wallet that is secure. Using Coinbase you can buy Bitcoin, Ethereum and Litecoin.
Important Note: Be sure to ALWAYS use two factor authentication. Do not use SMS based two step verification as your phone number can be stolen depending on your phone company. To understand why this is important and learn some more security tips to secure your digital wallet, I recommend reading Cody Brown's article "How to lose $8k worth of bitcoin in 15 minutes with Verizon and Coinbase.com".
If you are looking to get involved with more Crypto Assets & Currencies I am linking to some getting started guides below:
A Beginners Guide To:
Bitcoin Cash
Ethereum
Ethereum Tokens
Monero
Litecoin
0x
Tezos
Decred
Zcash
For more cryptocurrencies you can check out Coin Market Cap to see what else is out there. Clicking on a currency on Coin Market Cap will show you more information about it, including historical prices, as well as tell you the available exchanges you can buy from.
ICO's:
Be wary of Initial Coin Offerings of new tokens. Many new coins that are being created are simply not needed in my opinion. Especially if the same function or utility could be done using an already existing cryptocurrency.
If you do find a crypto currency you like, then you need to evaluate the whole project, just like you would if you were investing in an early stage startup. Make sure you research the amount of money being raised, what the token does, the valuation that the project actually works and is live, the team behind it, etc. Just how with early stage startups, only the top 5% of companies are worth investing in, the same is true of ICO’s. Most ICO's will likely fail. Fred Wilson, has a good blog post on how to carefully evaluate these new crypto assets.
White Papers:
White papers lay out the foundation for how a crypto asset works and what principles it relies upon. In the world of crypto, they are similar to the pitch decks that startups put together today or a traditional business plan, and they are typically shared with the public. To really get a good understanding of what they look like, I am including the original Bitcoin white paper wrote by Satoshi Nakamoto and the Ethereum white paper.
Hard Forks:
Forks happen when a blockchain splits in two, going forward from a certain date. The main cause of a hard fork is because of a new rule that gets created by a certain portion of the community. This can create another currency if the new network is stable enough to sustain itself after the fork. Being as both the old and the new currencies share the same ledger history, customers with balances of the original currency at the time of the fork now have an equal quantity of the new currency. You can read more about forks here and the few most successful forks to date are:
Bitcoin Cash - Forked from Bitcoin on August 1st, 2017.
Bitcoin Gold - Forked from Bitcoin on October 25th, 2017.
Ethereum Classic - Forked from Ethereum in 2016.
Regulation And Sustainability:
Being as regulation can be quite complex, I am going to simply link out to some additional reading materials in this section.
State Regulations:
China
Singapore
South Korea
Historical Incidents:
Mt. Gox: In 2014, 850,000 bitcoins, worth $450 million at the time, had disappeared or been stolen by hackers.
DOA: In June 2016 an anonymous hacker exploited a critical flaw and stole $31 million in Ether in a few minutes.
Energy Consumption:
High Energy Consumption:
Low Energy Consumption:
Wall Street
J.P. Morgan
Futures Contracts
The Future of Cryptocurrency:
I encourage you to clickthrough and view all of the slides Chris Burniske, Author of Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond, has put together. I have shared the first slide and my favorite slide below:
DISCLAIMER: These are just my personal thoughts and resources. I hope it helps you learn about the cryptocurrency industry so you can better make your own decisions. Be sure to do your own thorough diligence before making any financial decisions. Always invest responsibly.
How Adeo Ressi Empowered 2,700+ People To Become Startup Founders
Over the summer we sat down with Adeo Ressi, the CEO of the Founder Institute, a startup accelerator program that operates in nearly 200 cities worldwide.
Over the summer we sat down with Adeo Ressi, the CEO of the Founder Institute, a startup accelerator program that operates in nearly 200 cities worldwide. Throughout his time as a founder, Adeo has pioneered innovations in the protection of founder rights, the raising of early-stage capital and the scaling of new businesses.
Previous to the Founder Institute, Adeo has helped to create nearly $2 billion in shareholder value by founding or running nine businesses, including TheFunded, Game Trust, Xceed and Total New York. Adeo previously served on the Board of the X Prize Foundation to pursue his interests in space exploration and techniques to motivate human achievement. Throughout this episode it is clear that Adeo is passionate about mentoring Founders, space exploration, inspiring people to achieve their greatness, and more which includes:
The personality traits of the best founders
How The Funded improved transparency in the VC industry
The role fluid intelligence plays in entrepreneurs
How Adeo helped 2,700 plus founders grow through the Founder Institute
Managing your investors and protecting your equity
How to build startup ecosystems
Why maintaining focus and avoiding distractions is mission critical
How do you give meaning to your life's work
Ambition Today Question of the Day™:
"What is the end game? Where do you see Founder Institute and all your life’s work going?"
Quote Of The Episode:
"There are a lot of shiny things in the sand, that look very appealing to you and may be a cause for you to think about pivoting or adjusting the business model. I can tell you that most of the shiny things in the sand are not diamonds, they are knives waiting to kill you. You have to be very, very, very diligent to remain focused on your core mission"
Links from this episode:
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
You can find the full transcript of this episode here.
Be sure to listen and subscribe to the show on your favorite podcast platform.
Listen to this episode now:
Join the shows A-list backchannel for exclusive access to additional Ambition Today content, deeper guest insights, a community of fellow fans, and much more. Plus, learn the single greatest piece of advice this guest has ever learned!
Andrew Weinrich Is Predicting Our Future
On this episode Andrew Weinrich sits down with us at his offices in Brooklyn New York. Andrew is the founder of Andrews Roadmaps and the host of the new "Predicting Our Future" podcast.
On this episode Andrew Weinrich sits down with us at his offices in Brooklyn New York. Andrew is the founder of Andrews Roadmaps and the host of the new "Predicting Our Future" podcast.
As a serial entrepreneur, Andrew created the first ever social network called, Six Degrees. At its height, SixDegrees had around 3,500,000 fully registered members before being bought by YouthStream Media Networks in 1999 for $125 million. In more recent years, Andrew has sold 2 more businesses including Xtify and Meet-Moi. He is currently the co-founder and Chairman of Indicative, a data analytics startup. He also hosts Predicting Our Future, a podcast about the next revolutions in technology. Andrew shares many incredible lessons from his experience over the last 20 years, such as:
- How the first social network, Six Degrees, was created
- What it was like to exit a company for over $100 million
- How Social Networking has changed over the last 20 years
- The future of Social Media
- What ties all of Andrew's companies together
- How to ride the "wave" of new technologies as they emerge
- How he is Predicting Our Future
Ambition Today Question of the Day™:
"What advice do you have for people who are obsessing over getting rich and making a large amount of money to solve all of their problems?
Quote Of The Episode:
"You want to be a critical thinker. Investors assume first and foremost, that whatever plan you have is wrong. That whatever you launch won't be right, it will require pivoting. The question is are you someone who is capable of pivoting? If you're a critical thinker, you will be capable of pivoting."
"Entrepreneurs take advantage of moments in history. They are not determinative of those moments."
Links from this episode:
- Andrew Weinrich on Twitter
- Andrew Weinrich Linkedin
- Andrew's Roadmaps
- Predicting Our Future podcast
- SixDegrees.com
- Founder Institute New York
- Toptal
- Audible
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
Be sure to listen and subscribe to Ambition Today on iTunes Store Apple Podcasts for iOS, on Google Play Music or Stitcher for Android.
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A Consciously Fresh Perspective
It is time for a consciously fresh perspective. I have always been extremely curious about what is happening in the world around me. In college I mixed that curiosity with scientific analysis when I majored in Cognitive neuroscience...
It is time for a consciously fresh perspective.
I have always been extremely curious about what is happening in the world around me.
In college I mixed that curiosity with scientific analysis when I majored in Cognitive neuroscience, the analytical combination of Neuroscience, Philosophy, Psychology, Linguistics, and Artificial Intelligence. If that wasn’t enough, I then minored in Philosophy as I enjoyed solving deep and challenging logic problems.
Fast forward to today and I work with startups. As a result over the years, I tend to have a habit of early adopting new technology before the majority of people get it. Some of which I have written about before such as Fitbit, Google Glass, Apple Watch, Boosted Boards, and several innovative companies. I do this because I believe there is an advantage while working in Venture Capital to experience and understand new technology first hand in order to be able to accurately see future trends.
Also, I live in New York City, which means that anything I can think of is literally accessible within walking distance of me every day.
Combining all of the above, if I were to describe myself today I would say I am an extremely curious, analytically scientific, deeply philosophical, and optimistically futuristic person. Side-note: I still like having fun too 😉 .
The reason I have been thinking about this and am sharing it with you, is that along with 47.9% of America that went blue I did not see the U.S. election results coming. Brexit and the rise of populism have caught me by surprise as well.
The point of this post is not to dive into political waters though. So putting aside specific political candidates, echo chambers, inaccurate polling, my own personal beliefs, and more; what this post is really about is me reconciling that I failed to empathize with the other 47.2% of red America.
To be clear, empathy doesn’t mean you need to agree with someone. It means you understand another person's experiences and emotions; the ability to share someone else's feelings. I have not done a good enough job of that in recent months. Last week was a sobering reminder for the need to stay constantly aware of the lens that one views the world through.
It is important to keep a clear and honest perspective that balances the past, present, and future at the same time. To force oneself to take a step back and keep a consciously fresh perspective. To grow the personal self awareness to be able to see that at times there are differences between how your own experiences cause you to perceive the world, how other people are perceiving the same situation, and what is really happening.
Lastly, while personally working to view the world through that unbiased lens it is important that we talk to more people. Including those who disagree with our viewpoints. Exposure to the opinions and beliefs of others is the only way to gain a wider and more accurate view of the world.