A whole new breed of business owner has arrived. There’s never been a better time to be alive, folks. There is opportunity in abundance. Check out these 4 Trends Driving Entrepreneurial Renaissance (Click here to read):


  • This last Thursday, House Democrats delayed the vote on the $3.5 Trillion Budget Bill as two key Senate moderates wouldn’t back the bill without adjustments. Both votes are critical to the bill’s passage, and they have long maintained that the price tag is too high, fearing anything above $1.5 Trillion would put the economy in jeopardy. Ultimately, the Democrats are trying to fit their entire agenda into one bill, and an all-or-nothing approach probably won’t fare well for them. Read more here.

  • Biden signs a short-term bill into law to keep the government afloat and prevent a government shutdown as the debt-limit standoff continues. The new legislation will fund the government through Dec. 3. The stopgap bill will keep government funding at current levels and also provide $28.6 billion for disaster assistance and $6.3 billion for Afghan refugees. I guess we’ll see what happens come December. Read more here.

  • We mentioned the EU energy crunch in this digest, but China’s energy crunch could be an even bigger problem than Evergrande. Global supply chains are going to take a hit and disrupt the supply of consumer goods further, likely triggering a rise in inflation (as if we aren’t already experiencing enough of that). China is already experiencing a slew of power outages as a result of a shortage in coal supplies, tighter emissions reduction targets, and greater electricity demand from manufacturers. Read more here.

  • The vote is in: It’s not a good time to buy a home, even though rent prices in the US are skyrocketing (Read more here). A lot of single-family renters prefer renting because they don't think it's a good time to buy a home. Owners are trying to time the market, cash out, and go rent for a while. Great for single-family RE investors - looks like rent prices will stay high in tandem with high demand. See this chart and thread to read more.

  • This interesting survey⁩ implies 40.7 million Americans expect to be working remotely by 2026; contributing factor is an increase in the use of freelance workers, which > 50% of businesses say they will do. People are getting used to their freedom and flexibility, and are tired of the commutes and office life. Our opinion: build an amazing culture and get creative with incentives and you can still have some in-office employees that love being there. Read more here.


  • El Salvador has just started mining bitcoin using the energy from volcanoes. Talk about an innovative approach to reducing Bitcoin’s carbon footprint! El Salvador has mined 0.00599179 bitcoin, or about $269, with power harnessed from a volcano. A fully renewable, untapped energy resource has been put to work strictly because of bitcoin. We expect it to continue to disrupt markets in the best ways. Read more here.

  • Check out this $90.1million crypto mistake. Remember when we mentioned one downside of crypto in this digest? Well, $90.1 million has mistakenly gone out to users of popular DeFi staking protocol Compound after an upgrade gone epically wrong. Whoops. The founder is now making a plea to incentivize the voluntary return of the platform’s crypto tokens. I guess his faith in humanity is extra-strong. He offered to let the recipients keep 10% as a white hat and return the rest. Otherwise, it’s being reported as income to the IRS, and most of the said users will be doxxed. Will be interesting to see how this plays out. But it’s looking like theft and accidents like this could be a recurring issue. Read more here.

  • There is a bill in congress right now looking to cap the amount you can accumulate in your self-directed Roth or Traditional ira (6:40). The ripple effect is as follows: Interest rates go higher → the market starts to soften → a couple of million extra houses go on the market, further softening prices → which would put upward pressure on rents. All of this could happen within the next two years if this bill is passed. Listen to more here (13:02).

  • Are large multi-generational homes making a come-back? More Americans are desiring bigger homes since the pandemic. Single-family homes with four or more bedrooms posted a sharp uptick. The need for more space may be growing as Americans embrace multigenerational living as more people are caring for and spending more time with older parents. Not to mention the benefit of cost savings and the ability to pool several incomes. Read more here.

  • An upgrade is coming for Bitcoin in November. The upgrade, known as Taproot, will improve the efficiency and privacy of the network and could catalyze a major boost in Bitcoin's price. Buckle your seatbelts! After Taproot, Bitcoin will be able to compete with privacy coins in terms of functionality, and transaction fees will drop dramatically due to better data storage. Read more here.


“Do you realize Donald Trump could never be just a millionaire? If Donald Trump had a net worth of only 1 million dollars, how do you think he’d feel about his financial success? Most people would agree that he’d probably feel broke, like a financial failure! That’s because Donald Trump’s financial “thermostat” is set for billions, not millions. Most people’s financial thermostats are set for generating thousands, not millions of dollars; some people’s financial thermostats are set for generating hundreds, not even thousands; and some people’s financial thermostats are set for below zero.” - Secrets of the Millionaire Mind by T. Harv Eker

Where have you set your financial thermostat? Our vision, or limitations around it, are the only barriers to our success. The sky is absolutely the limit. Ultimately, we get what we tolerate and settle for.

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