Disclaimer: This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service. We are not offering any legal, investment, tax, or medical advice. Please consult the appropriate professional before doing anything you learn from the content posted on any of our digital properties. All stories are based on true events, but are altered to protect the identity of the individuals involved.
You have a better chance of dying in a car accident than catching the corona virus.
*The chance of dying in a car accident is 0.0167%
*Based on driving 10,000 miles.
*The chance of catching the corona virus is 0.01515%.
*That’s if we have 50,000 cases in the USA.
*There has been only 1600 cases in the USA so far.
…So that’s good news, right?
Everyone drives without worrying about dying. But based on the numbers: there’s a better chance you will die behind the wheel than the chance of you catching this corona virus.
If you do catch the corona virus, your chance of dying is less than 2.5%*.
So your chance of catching the corona virus and then actually dying from it is 0.000388%*.
To compare:
The chance of dying by getting struck by lightning is 0.00125%.
You are 3.2x more likely to get struck and killed by lightning than dying from the Coronavirus.
Thank you Alex Aleksandrovski Founder and CEO, Wooter for this information.
Are Lightning Strikes Really More Deadly than this Corona Virus? Update - 3/16/2020
As of today, there are 4,421 confirmed cases of this corona virus and 81 deaths in the United States. According to the National Weather Service, the U.S. has averaged 43 lightning fatalities per year. Based on that data, you are statistically more likely to die from this corona virus than from being struck by lightning. There are approximately 330,000,000 people in the U.S.
According to this data, there is a 0.0000130% chance of being struck by lightning in The U.S.
There is a 0.0000245% chance you will die of this corona virus in the United States.
Thank you Michael Andrews for bringing this to my attention.
Corona Virus Update - 3/17/2020
As of this morning, there are 4,510 confirmed cases of this corona virus and 87 deaths in the United States. Again, there are approximately 330,000,000 people in the U.S.
According to this data,
There is a 0.0013667% chance of catching this corona virus in the U.S.
There is a 0.0000264% chance you will die of this corona virus in the United States.
These numbers may go up, so we may periodically update this information as new data becomes available.
Corona Virus Update - 3/22/2020
27,000 confirmed cases of this corona virus and 354 deaths in the United States.
Some data for comparison purposes:
430 B.C.: Athens: As much as two-thirds of the population died.
1350: The Black Death: Responsible for the death of one-third of the world population.
1665: The Great Plague of London: deaths of 20 percent of London’s population
1918: Spanish Flu: 50 million deaths worldwide
1957: Asian flu: 1.1 million deaths globally, with 116,000 deaths in the United States.
1981: HIV/AIDS: 35 million people worldwide have died
2003: SARS: Infecting 8,096 people, with 774 deaths
Corona Virus Update - 4/10/2020
469,000 confirmed cases of this corona virus and 17,000 deaths in the United States.
21,500 confirmed cases of this corona virus and 1,076 deaths in Michigan.
330,000 million people in the United States, 10 million in Michigan.
676,000 confirmed cases of this corona virus and 35,000 deaths in the United States.
29,000 confirmed cases of this corona virus and 2,093 deaths in Michigan.
Corona Virus Update - 4/28/2020
1,035,000 confirmed cases of this corona virus and 59,000 deaths in the United States.
39,000 confirmed cases of this corona virus and 3,567 deaths in Michigan.
Corona Virus Update - 5/3/2020
1,188,000 confirmed cases of this corona virus and 69,000 deaths in the United States.
43,000 confirmed cases of this corona virus and 4,049 deaths in Michigan.
Corona Virus Update - 5/25/2020
1,678,000 confirmed cases of this corona virus and 98,000 deaths in the United States.
55,000 confirmed cases of this corona virus and 5,228 deaths in Michigan.
Corona Virus Update - 6/13/2020
2,117,000 confirmed cases of this corona virus and 117,000 deaths in the United States.
66,000 confirmed cases of this corona virus and 5,990 deaths in Michigan.
Corona Virus Update - 7/3/2020
2,837,000 confirmed cases of this corona virus and 131,000 deaths in the United States.
71,000 confirmed cases of this corona virus and 6,212 deaths in Michigan.
The Long-Term Damage Being Caused by the Corona Virus
I am deeply concerned about the long-term damage being caused by this corona virus. The stock market is experiencing a huge sell-off. Inflation is a serious concern. The unintended negative impact of regulatory policy surrounding the Corona Virus is also dangerous. Kids being forced to stay home from school. Sports seasons on every level being cancelled. Hourly workers being terminated or laid off.
Possibly the most damage is being inflicted on entrepreneurs and small business owners.
L.A. bars forced to close, restaurants go takeout-only. Mayor Eric Garcetti ordered bars to close and forced restaurants to halt dine-in service. Food and nightlife proprietors fear some establishments might not reopen.
The restrictions, announced by Garcetti in a Sunday night video news conference, went into effect at midnight and run through March 31. They also apply to movie theaters, gyms and fitness centers.
These type of regulatory actions can have a devastating impact on small businesses. Most restaurants are bars are small businesses. Restaurants are known for high overhead costs and relatively narrow margins. Chefs say an extended shutdown could have far-reaching consequences for the largest private-sector industry in the county, accounting for 355,540 jobs, according to a 2017 L.A. County Economic Development Corp. report. This is just in L.A. County.
If you shut down the main sources of revenue for these establishments, who is going to pay their bills? For how long? Again, restaurants are known for high overhead costs and relatively narrow margins.
This is happening across the United States.
What You Can do as an Entrepreneur or Small Business Owner
Raise capital early and often. Running out of cash is the #1 cause of business failure. This is why I preach the importance of raising capital. Entrepreneurs need cash to weather storms. In addition, equity capital is often not a loan, so this type of funding can come without interest or a defined payback schedule.
Innovate. Amazing businesses are born in tough times. Where are the opportunities? Where is the pain? Can you create a business to address that pain?
Review your insurance policies. You may be covered for some or all of your losses. Some policies include reimbursement for loss of income. This saved me and one of my businesses after a car ran into our office building!
Assistance. Federal, State, and Local governments often offer assistance to business owners in crisis. There are programs coming to assist those being impacted by the Corona Virus. President Trump signed a bill that allows the Small Business Administration to issue an estimated $7 billion in low-interest loans. The U.S. Small Business Administration announced on Thursday that small businesses with financial burdens caused by the pandemic and don't have credit available elsewhere can be eligible for loans of up to $2 million at 3.75%. Based on my research, your State Governor has to request these loans before they become available in your state. You can check the status here, https://disasterloan.sba.gov/ela/. As of this writing of this article, Oakland County, Michigan, has not requested access to these loans. Anyone connected with Governor Gretchen Whitmer may want to ask her when she plans on requesting these loans for Michigan businesses.
What You Can do as an Investor or Someone With a High Net Worth
Invest. There are massive opportunities for investing. Support the companies you already own and consider investing more into new opportunities. One of my favorite sayings is "You don't make money when you sell an investment, you make money when you buy your investment."
Hold. If you cannot justify investing new dollars, at least don't sell now. If you do, it will hurt everyone, including yourself. Buying stocks high and selling low is the opposite of a good investment strategy and it helps no one.
*Please read:
For healthy people, the chances of dying are even lower than 1%. Most common, you will feel symptoms similar to the flu and recover fully within 1-2 weeks.
But is very important to note: If you already have underlying conditions or serious ailments, such as an existing respiratory condition, then you can have fatal complications if you catch the corona virus. For these cases your chance of dying can be as high as 10%.
These conditions are rare but people do have them and for those people, they need to take the corona virus seriously. These same people must also consistently watch out for the influenza virus (better known as The Flu) as they can suffer fatal complications as well.
Additional Information: This information was received by me via email on 3/12/2020. Some of this information may have changed. In addition, none of the data in this article was verified me. Please contact me if you believe any of the information in this article is inaccurate.
Thank you again Alex Aleksandrovski Founder and CEO, Wooter for the email/data and www.videezy.com for the lightning video
Disclaimer: This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service. We are not offering any legal, investment, tax, or medical advice. Please consult the appropriate professional before doing anything you learn from the content posted on any of our digital properties. All stories are based on true events, but are altered to protect the identity of the individuals involved.
During the last 30 days, the DJIA reached it's record high of almost 30,000. It has also lost over 20% in value during some violent swings down because of all the concerns around the Coronavirus. Some claim that the recent volatility has erased over $7 trillion in wealth in the last 30 days.
Why the Coronavirus May Not Be Bad for Investments
If you look at history, epidemics are typically good for investments. The markets actually recover much quicker than you would think.
Take SARS for example. SARS resulted in a total of about 8,100 people being sickened during the 2003 outbreak, with 774 people dying, according to data from WHO and the Centers for Disease Control and Prevention.
Separately, the S&P 500 rose 11.66% in the roughly six months following reports of the 2006 Avian flu virus — a fast-moving pathogen also known as H5N1. The market gained 18.36% in the following 12-month period.
Data are similar for equity performance across the globe based on data from Charles Schwab, tracking the MSCI All Countries World Index 892400, -3.64%. The index has gained an average 0.4% in the month after an epidemic, 3.1% in the ensuing six-month period and 8.5% a year later (see graphic below):
SARS, Avian Flu, Swine Flu, and Measels all produced significant market gains as quickly as 3 months after the initial outbreak.
My comments:
- $7 trillion in wealth in the last 30 days was erased? Nothing was erased, the stock market is a zero-sum game. Wealth is neither created nor destroyed, it is transferred.
- Punctuated by recent events, I would argue that angel investing is actually less risky than investing in publicly traded stocks. I would also argue that entrepreneurship is less risky than working for someone else. I will be hitting both of these topics hard in future videos.
Disclaimer: This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service. We are not offering any legal, investment, tax, or medical advice. Please consult the appropriate professional before doing anything you learn from the content posted on any of our digital properties. All stories are based on true events, but are altered to protect the identity of the individuals involved.
Is SEO dead? SEO, or Search Engine Optimization is the process of increasing the quality and quantity of website traffic by increasing the visibility of a website or a web page to users of a web search engine. SEO refers to the improvement of unpaid results and excludes direct traffic/visitors and the purchase of paid placement. Wikipedia
My google search of the term SEO this week shows 728 million results, so obviously it is a thing? But does it actually still work? I said still works because I know it worked in the past let me tell you a story
Before I wrote my book I had a radio show called the business reality network
On this show I discussed the realities of operating a successful business as opposed to the myths
Well one of my earlier listeners reached out to me and said he wanted to meet me
This kid comes out to my office, stereotypical programmer, and we start talking
He tells me that his dad is the head of marketing at one of the big four accounting firms and offers to show me how SEO works
I take him up on the offer, within a couple of weeks I am at least number 1 on google for some fairly-competitive keywords. Fairly competitive meaning there were over a million available search results and other companies were paying for ads targeting the keyword.
I say at least number one because often I would rank multiple times on the first page of a google search. Imagine googling a term like accounting services and see the same business ranked first, third, 4, 7! That was us! It cost me next to nothing!
That was over 10 years ago, today, I have not been able to come anywhere near those type of results using a SEO vendors. I believe most of it has to do with the updates to the Google algorithm. This type of results may not be possible anymore.
However, I know it worked in the past and I want to see if it will work again in the future. That is why I am putting out this challenge. Anyone that thinks they can show any type of measurable traction using SCO are welcome to participate in our SCO challenge. If you would like to participate in the seo challenge,
Please message me if you or your company would like to participate, just message me on any of my digital platforms to receive more information. The top performing participants will receive a ton of free promotion for me.
If none of the companies produce meaningful, measurable results, we will declare SEO dead and move on
Anyone that thinks they can show any type of measurable traction using SEO are welcome to participate in our SEO challenge. If you would like to participate in the SEO challenge, email me, info@OmegaAccelerator.com
Disclaimer: This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service. We are not offering any legal, investment, tax, or medical advice. Please consult the appropriate professional before doing anything you learn from the content posted on any of our digital properties. All stories are based on true events, but are altered to protect the identity of the individuals involved.
Previously, I talked about where to find your lead investor.
What works for me and what doesn't.
Today I’m talking about the biggest challenge you must overcome to find a lead investor
Picture this,
You have been stranded in a dessert for three days with a group of 100 people.
You are out of water and everyone is thirsty.
You finally come across a tent. In the tent there is a guy with water.
Unfortunately, this guy only has one glass of water.
He is willing to give this glass of water to one person.
Here is the challenge...
How are you going to get that glass of water?
This is the challenge you must overcome to find your lead investor.
The odds are tough. Less than 1% of business ever raise any outside capital.
There are specific tactics that I use to level the playing field offset this huge disadvantage. We will discuss some of those tactics in later videos.
Disclaimer: This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service. We are not offering any legal, investment, tax, or medical advice. Please consult the appropriate professional before doing anything you learn from the content posted on any of our digital properties. All stories are based on true events, but are altered to protect the identity of the individuals involved.
Every good entrepreneur know the importance of market testing.
Next week we are market testing taglines for the new Omega Destiny Accelerator and we want your ideas. We will be selecting our three favorite ideas for taglines on Monday. If your tagline is selected and outperforms the other taglines in our market testing, you win $100. The winner will also receive an invitation to our exclusive pre-launch party on Thursday, March 5!
Ideas will be accepted via email or direct messaging until 3 PM on Monday, March 2, 2020, Eastern Standard Time. Email your ideas to info@omegaaccelerator.com or direct message Ren Carlton on social media.
If two people submit the same idea, the first person that messaged me their idea wins.
Send your ideas early and often, enter as many times as you wish.
What is a Tagline?
A Tagline describe the company in 50 characters or less
Simple English, no marketing jargon. It should provide a compelling sense of what we are doing and make people want to ask "How are you going to do that’.
The tagline should focus on a pain point of our customer, not necessarily the solution we are providing. The tagline needs to focus on something people will want.
Tips:
Keep it simple! “Press a button and a car comes to you in minutes.” That was 49 characters with the period and very few people will come away from that with radically different ideas. They may differ on its ultimate potential or possibilities but they will understand what your product does from day one. You need to survive day one to get to day two.
Another example, marketplace to hire professional service providers.
Omega Destiny Accelerator
Omega Destiny Accelerator developed a new model of Startup funding. We enroll a large number of Startups, groom them for funding, then market them to sponsors using a draft. The Startups that are drafted by Sponsors receive a small amount of direct funding. Majority of the sponsor dollars are used to aggressively market the drafted Startups for additional funding. But Omega does not end when the Startups are funded. We continue to help the Startups for the life of the company.
What
Sponsors earn equity and fees by supporting their favorite Business Startups. During draft week, Sponsors receive information about that month’s cohort of Business Startups. Sponsors will select their favorite Business Startups. We use our Draft Algorithm to award Business Startups to Sponsors.
Why
-Angel Investing has massive return potential
-All of our companies are pre-screened, monitored, and advised by our team
Who
Omega Accelerator Collective, led by Ren Carlton
How
-Purchase a sponsorship package
-Choose the Startups you like during a draft week
-You are awarded a Startup through our Draft Algorithm
-As your Startup meets funding targets, you receive fees and equity
-You also receive matching equity in Omega Destiny Accelerator, so if your business fails you still have equity in all the other Startups
Where
Virtual, you can participate anywhere remotely
When
Sponsorship packages are now available, please message us for additional information, info@omegaaccelerator.com
Investor Status Privileges
-Draft Priority
-Higher Equity Match Multiplier
-Advisory position preference
Equity Kicker Multiplier: Please request additional information
Why - 3 more reasons to sponsor startups
-$250,000 invested in Google in 1998 = $1.6 billion in 2019
-$10,000 investment in Uber in 2010 = $127 million in 2015
-$100 investment in Bitcoin in 2010 = $28 million in 2017
Disclaimer: This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service. We are not offering any legal, investment, tax, or medical advice. Please consult the appropriate professional before doing anything you learn from the content posted on any of our digital properties. All stories are based on true events, but are altered to protect the identity of the individuals involved.
All offers will be contingent upon passing our due diligence process.
Royal Oak, Michigan
The exact location will be disclosed to our guests.
Date and Time
Thursday, March 5, 5:30 PM - 7:30 PM, Eastern Standard Time
Format
Casual, private networking event
Our Up Close and Personal pitch events are small, focused networking events designed to quickly build relationships between angel investors and entrepreneurs. There are no formal presentations. Meet, mingle, and watch magic happen.
Note: This is a private event. Space is extremely limited. The exact location will be disclosed to our guests.
Entrepreneurs - send us your 1-page executive summary today - Email funding@omegaaccelerator.com, Subject: Looking for Funding - Royal Oak Pitch Event
Sponsors - are you interested in supporting some of our red-hot business startups? - Email, info@OmegaAccelerator.com, Subject: Sponsor - Royal Oak Pitch Event
Disclaimer: This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service. We are not offering any legal, investment, tax, or medical advice. Please consult the appropriate professional before doing anything you learn from the content posted on any of our digital properties. All stories are based on true events, but are altered to protect the identity of the individuals involved.
All offers will be contingent upon passing our due diligence process.
