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Women Supporting Women

Did you know it’s National Women’s History Month? As a female business owner and entrepreneur, I’d like to say THANK YOU to all those who came before me and paved the way. Sometimes, being a strong powerful woman can feel very isolating. We all know the irreplaceable value of a strong, inclusive, loving support group. From childhood to parenthood, small networks of family, friends, neighbors, coworkers, and classmates give us a sense of belonging, protection, and camaraderie.

Support feeds the soul.

Getting the right support is crucial. Whether your kid won’t stop yelling your name or your coworker is clicking their pen incessantly, there are times when you’re frustrated and stressed out. All you want is the sympathetic voice of a friend who knows what you’re going through (and maybe a glass of wine).

You may have been disconnected from your usual support systems in recent seasons of life. I’ve discovered that a great podcast can help rebuild a sense of community. Listening to a wonderful podcast host feels a bit like a conversation with a wise and empathetic friend.

I’ve had the honor of collaborating with several incredible podcasts within the Conscious Parenting Revolution platform. If you’d like a little female camaraderie and support, I encourage you to listen (and subscribe!) to these fantastic shows.

THE SENSORY PROJECT SHOW

Rachel Harrington and Jessica Hill are certified occupational therapy assistants whose mission is to help families practice health and wellness in their daily lives. They’re light-hearted, funny, intelligent women with a fresh perspective on healthy family dynamics. Listen to my episode with Rachel and Jessica here.

THE BLENDED FAMILY PODCAST

Melissa Brown addresses the challenges of having an extended and blended home life with personal stories based on her own family. She tackles difficult topics like having a healthy divorce, managing relationships between non-biological siblings, and “time sharing” with an ex. Her episodes aim to help blended families not only co-exist, but thrive. Listen to my episode with Melissa here.

DISTRACTION PODCAST

In our world full of bright, shiny objects, we all need some advice on managing distractions. Dr. Ned Hallowell, a New York Times best-selling author and ADHD expert, lends his expertise on minimizing distractions in your daily life. His bright, enthusiastic show offers practical advice and shows how issues like ADHD can transform into strengths. Listen to my episode with Dr. Ned here.

THE MODERN MAMAS PODCAST

Jess Gaertner and Laura Bruner embody modern motherhood: Laura is a certified nutrition consultant, Jess is a licensed athletic trainer with a master’s degree in kinesthesiology, both are CrossFit trainers, and mamas to their babies—whew! They interview guests about fertility, pregnancy, parenting, fitness, and holistic health and spirituality. This duo is a blast to listen to! Listen to my episode with Jess and Laura here.

EXPERT TALK WITH TGO

A direct connection into the world of “Trailblazers” who openly share their journeys to success. From step-by-step tips on building their businesses to how they overcame insurmountable odds and turned their dreams into realities. Tune in to our International Women’s Day LIVE Event March 8th!

LAW OF ATTRACTION WITH NATASHA GRAZIANO

Bringing you the latest wisdom and neuroscience on how to manifest your goals in life and create abundance in wealth, love, health, relationships. She is the creator of the world renowned meditational behavioral synchronicity (MBS) method. By listening to this podcast, you will learn how to refocus your mindset and thought processes with practical and mindful exercises that you can begin right here, right now, simply by pressing play. Listen to my podcast episode here.

 

Which episode was your favorite? Hit reply and let me know!

Love and blessings,

Katherine

P.S. I am thrilled to be part of the 3rd Annual International Women’s Day Marathon!! An event featuring over 25 live interviews hosted by my good friend, TGo, showcasing successful women from small business entrepreneurs to trailblazers from around the world. On March 8, 2023, from 9-5pm PT, you can watch this event for FREE, streamed live from the comfort of your own home. You will have the opportunity to hear from remarkable women who have made a significant impact in their respective fields, inspiring and empowering you to achieve your own goals. This inspiring event is made possible by NOW – the Network Of Outstanding Women, and is sponsored in part by PodNation TV and JD3TV networks. I can’t wait to share with you! iwdm.live

 

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Best Practices Culture Women In Business

‘Twas the Night Before…

‘Twas the night before Christmas,

And all through your home,

Your little ones are stirring,

They won’t leave each other alone!

You went the extra mile

To bring holiday joy

But it’s not what you pictured

…it’s all about toys!

If that isn’t how the poem goes…it really should be!

A quiet, peaceful Christmas Eve isn’t the reality for many families. Your children have probably consumed copious amounts of sugar and are low on sleep. It’s not a recipe for success!

Whether you have little ones who are on a sleep strike or refusing to eat anything that isn’t covered in frosting, here’s a quick tip you can use to guide your child without raining on their parade:

“I can tell you’re really excited about Christmas, and it’s great to see how happy you are! And you’ll feel best in the morning if you _____ and _______.”

Remember always to use AND and not BUT to start a conversation that takes both their side and yours into consideration.

Fill in the blanks with: you get a good night’s rest, you eat some veggies, you and your sibling aren’t fighting… adapt this script to whatever situation you find yourself in.

Remember, both you and your child want the holidays to be a time of merriment and memories. You’re on the same team!

My wish for you this Christmas Eve is that you feel confident in your parenting. No matter where you are in your conscious parenting journey, I admire and applaud you.

To set up your 2023 to be the best year ever, I’d like to gift you with 70% off our Ultimate Parenting Toolbox between now and Jan 1st! Just use the code HOLIDAY when checking out to receive this incredible offer. This Conscious Parenting starter kit will help you gain the skills to amplify your parenting wins by responding differently to behavioral challenges.

Merry Christmas 🎁 Happy Hanukkah 🕎

Cheers to you and your family!

Love and Blessings

Katherine

P.S. Don’t get lost in the image you expect your child to be. Remember to be thankful for who your child is, not who you want them to be. For more on this, check out my tips on The Motherside ABC7 – and don’t forget to subscribe to my YouTube Channel so you don’t miss out on any other parenting hacks! Happy Thanksgiving!

 

 

 

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Best Practices Culture Entrepreneurship Leadership Marketing

LinkedIn Is All About… [What?]

LinkedIn Is All About… [What?]

The large number of LinkedIn connection requests coming to me from people who promise to generate leads for me suggests that they think LinkedIn is all about leads. But from my perspective, most business owners already have sufficient leads. What they may lack is sufficient customers.

The problem, converting leads to into buyers, is actually one LinkedIn is well positioned to solve. That’s because LinkedIn is all about relationships.

LinkedIn Is All About RELATIONSHIPS

I can hear the pushback now. “What?! I have thousands of connections on LinkedIn but very few relationships.”

I grant that is true for most of us. But the infrastructure and the tools available through LinkedIn can be used to move someone along from awareness to a sense of camaraderie – and perhaps eventually toward an interest in our services or products. Nothing happens without your commitment to make it so, however. Cultivating relationships requires an investment of your time and attention. It doesn’t happen through automatic canned messages and responses.

Cultivating Relationships

Starting out on the right foot

It’s hard to cultivate a relationship with someone to whom you haven’t yet bothered to say hello. If you send me a robo connection request (i.e. a request without personalization), how interested will I be in getting to know you? I may accept your connection request merely because your profile doesn’t alarm me and your connections will expand my network, but I’m not likely to spend time interacting with you.

Going the other way, if I ask you to connect with me but fail to follow up with any message after you accept, it’s hard to imagine that I’ve built the foundation for friendship. You should greet your new connections authentically and invite a response by asking a question.

Is it essential that we exchange niceties with each connection? No. Only with the people who really interest us — the people whose profile, job title, or something else about them catches our eye and resonates with us. Forming relationships should be a joyous endeavor, not drudgery.

Don’t sell

Selling in our connection invitation or right after we connect is not a winning proposition. There is no bigger turnoff than pushy sales talk without a prior relationship. Never assume that because someone has accepted your invitation to connect that they’ve agreed to be sold to. Sales and referrals flow when you are top of mind, you have demonstrated value over time, and your connection either experiences a problem that is perfect for you to solve or they know someone who they think needs what you are offering.

Relation-building strategies

  1. Engage online. When commenting on someone’s posts, add real value to the person whose post you are commenting on, to others reading it, and to yourself. Note that neither a LIKE alone nor a comment under 5 words are considered by the LinkedIn algorithm to be “engagement.”
  2. In your own posts, focus on adding value. Will your post add value to others and yourself?
  3. Endorse skills. On your connection’s profile, identify three skills that you can vouch for and endorse them for those skills. Why not more? This is an attention-getting strategy you may want to use several times.
  4. Use the “tag” function when you mention a person’s name online. They receive an email message from LinkedIn that they have been mentioned in a post. This assures that they will notice your kind mention of them and provides an opportunity for them to respond if they choose to do so.
  5. Use LinkedIn’s messaging function to communicate with people (but only if they are active daily on the LI platform). When you use LinkedIn for sending a note to an individual, your message features your LinkedIn headshot, an important part of your brand.
  6. Send an article via LinkedIn message to a person likely to appreciate it. This shows that you are thinking of them and that you’re paying attention to the kinds of content they may find valuable. Don’t send the article to several people adding their names to the same message. When you do that, you’ve created a group and everyone who responds will automatically be communicating to everyone in the group.
  7. Be helpful because it’s the right thing to do, not because you expect quid pro quo. Eventually all the positivity you’re sending into the world will find its way back to you.

LinkedIn is all about relationships. Remember that relationships emerge through your investment of time and attention. Use LinkedIn’s functionality and these strategies to effectively engage, add value, grow your sphere of influence – and build relationships.

To your success!

Named one of six top branding experts in 2022 by The American Reporter, over the past ten years, I’ve helped countless C-level clients use LinkedIn to frame conversations, impress customers, and introduce themselves before their first conversation takes place. If you are a C-suite executive or senior leader, I can make this easy for you. Based on my knowledge of how LinkedIn works and how people respond to what they see there, I can ensure everything is ready and your profile conveys exactly the message and impression you’re aiming for. Let me help you attract the talent you want to hire, increase your visibility and influence, and steer your career.

Contact me through my website https://carolkaemmerer.com for:

  • Executive one-on-one assistance with your online brand
  • Professional speaking engagements on personal brand and LinkedIn
  • An autographed copy of my book, LinkedIn for the Savvy Executive-2ndEdition
  • My self-paced, online course
  • To receive my articles in your email mailbox monthly

 

My award-winning book, LinkedIn for the Savvy Executive-2nd Edition received BookAuthority’s “Best LinkedIn Books

of All Time” award, and was named one of the “Top 100+ Best Business Books” by The C-Suite Network, and is an International Book Awards winner. For your author-inscribed and signed book or for quantity discounts, order at: https://carolkaemmerer.com/books

 

Other Articles by Carol Kaemmerer

What Can a Sales Conversation Teach You About How to Write Your LinkedIn ABOUT Section?

Your Most Powerful 220 Characters: If You Haven’t Customized Your LinkedIn Headline, You’re Missing Out

Strategic Engagement on LinkedIn: How to Become Top of Mind for Right-for-You Opportunities

Three Misconceptions About LinkedIn that Could Be Hurting You

What is a Personal Branding Expert? …And Do You Need One?

Why Senior Leaders Need a Strong Brand NOW — And Why It’s In their Company’s Best Interest to See That They Get One

7 Ways to Elevate Your Online Brand So You Can Love Your LinkedIn Profile

What is a Personal Brand – And How Can You Take Charge of Yours?

Twelve Changes You Can Make in About an Hour to Improve Your LinkedIn Profile

Why Is My LinkedIn Profile Getting So Few Views?

How Can LinkedIn Be Part of Your Company’s Strategy for Responding to the Great Resignation?

Is Your LinkedIn Profile Missing the Mark?

Comfortable in Your Job? Uncomfortable Life Lessons to Safeguard Your Career

How to Be Found on LinkedIn: Ten Top Strategies to Rank Well on a LinkedIn Keyword Search

Why Are You Playing Small on LinkedIn?

If You’re Not “Writing to the Margins” on LinkedIn, You’re Missing Out

Don’t Be Hooked Through a Big Phish: Recognize and Avoid Phishing Scams on LinkedIn:

A Small Omission That Undermines Your Credibility on LinkedIn

Tell Me More…” — On LinkedIn

What is Your Poor LinkedIn Profile Costing You?

C-Suite Executives: Stop Hiding Online

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Best Practices Culture Human Resources Women In Business

Happy Valentine’s Day from CPR!

Valentine’s Day is one of my favorite holidays! I long for the days when my children were little, and I would send them to school dressed in red, with little cards for each classmate in hand. I love the energy, the decorations, and the spirit of meeting others with love. Most of all, I love how I can jump right from my Chinese New Year celebrations into Valentines day!

My Conscious Parents from the US or EU may not know this, but the final day of the Chinese Lunar New Year is celebrated very similarly to the western holiday we know as Valentine’s Day. Young women, in hopes of finding a sweetheart after a week of Lunar New Year festivities, walk their neighborhoods and admire the many decorative lanterns strung about. As an expat in Hong Kong the past 30+ years, I had the honor of celebrating this beautiful holiday many times, and still hold it’s traditions tight to this day.

For families, Valentine’s Day is a chance to find your own traditions, and an excellent opportunity to practice meeting each other with love. This season often reminds me of Marshall Rosenberg’s rendition of “See Me Beautiful”, a heartfelt song that pleads for love in spite of imperfection. How timely Dr. Rosenberg’s message is for the parenting work that we do! May we all celebrate not only the unconditional love of our significant others but of our children, our families and our communities.

See me beautiful, look for the best in me

That’s what I really am and all I want to be

It may take some time

It may be hard to find

But see me beautiful

See me beautiful, each and every day

I hope these holidays inspire you to relish new beginnings and see the beauty in everyone.

From the bottom of my heart, wherever you are in the world: Happy Valentine’s Day!

Love and Blessings,

Katherine

PS Honored to be a guest on Natasha Graziano’s show – one of the most generous, pure hearted and supportive people I’ve ever met! Check out the episode here!

 

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Culture Growth Health and Wellness Human Resources Leadership Personal Development

Is Your Teen Rebelling, Resisting, and Retaliating?

Is your teenager’s defiant behavior ruling your family life?

The teenage years are challenging, leaving many parents and caregivers at a loss. But in fact, there’s a perfectly legitimate explanation for their behavior. During adolescence, humans begin developing their prefrontal cortex—the part of the brain responsible for making judgments, weighing pros and cons, and managing emotional responses.

This critical part of the brain continues developing until the mid-20s, making it difficult for teenagers to think critically and manage their moods. Research even shows that teens often misread cues and facial expressions…and are more likely to interpret them as being shocked or angry.

Yikes! Combined with the flood of new hormones coursing through their bodies, it’s no wonder your teen walks around constantly sighing, rolling their eyes, and slamming doors!

17

Understanding the Three Rs

According to child psychologist Dr. Louise Porter, who I co-authored the Guidance Approach to Parenting with, 75% of family disruptions result from what Dr. Thomas Gordon called the Three Rs: Resistance, Rebellion, and Retaliation.

When your child refuses to walk beside you at the mall, they’re resisting. When they go to a party instead of doing their homework, they’re rebelling. When they’re aggressive with their siblings because they feel misunderstood, they’re retaliating.

Teens’ defiant behavior is a reaction to power and control being imposed over them and is the classic activation of those 3Rs mentioned above. The lack of control over their emotions and bodies, combined with their legitimate need for self-direction and autonomy that is thwarted by many parents, causes them to “act out.”

As parents, we owe it to our teenagers to practice empathy and do our best to understand where they’re coming from. To combat normal but challenging behaviors, we have to give them the autonomy they crave while still ensuring their safety and well-being

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7 Practical Tips for Managing Your Teen’s Behavior

The 3Rs can be eliminated by using the Guidance Approach to Parenting.  The reason the 3Rs surface is that controlling discipline activates them. The way to prevent them from surfacing is to never activate them in the first place. My TEDx talk, “The Rebellion is Here: We Created It and We Can Solve It,” has more detail about how the process works.

These practical tips can make a world of difference: 

1. When tempers rise, disengage. If your teen is defensive or upset, postpone heavy conversations for a later time. Give them space to calm down and think things over. You’ll benefit from this space, too.

2. Set age-appropriate guidelines. Give your teenagers the independence they crave, setting age-appropriate guidelines. What’s reasonable for a 13-year-old is probably too restrictive for a 16-year-old, so use your judgment and be open to feedback. Create solutions together, seeking clarity so everyone’s on the same page: “So are you saying you would feel better if I let you do your own thing from 2-5 pm on Saturdays, as long as you tell me where you’re going and with whom?”

3. Find common ground. Connect with your child by finding activities you both enjoy. Watch a movie together, go get ice cream, or play a favorite sport. Engaging in shared interests fosters a positive environment for meaningful connection. If your teen starts opening up about their life, listen and invite them to tell you more! Be careful not to use the 12 roadblocks to communication or will go awry!

Is Your Teen Rebelling, Resisting, and Retaliating

4. Respond, don’t react. When your teenager confides in you for the first time about, say, a boy they’re interested in, resist the urge to freak out! Drop the “my baby” perspective and be as objective as you can. Give advice like you would to a friend, assuring your teen that they can talk to you about anything—even the uncomfortable stuff.

5. Avoid phrases like “You never” and “You always.” Nothing sparks defensiveness more than the words “never” and “always.” Reframe your language to be non-accusatory. Instead of, “You’re always late for school!” say “I’ve received some reports about lateness from your school; is everything okay?”

6. Respect their privacy. With so much happening in their minds and bodies, teens can be extremely self-conscious about, well, everything. Respect their budding sense of self. That means no snooping in bedrooms, phones, laptops, or social media. Build trust with your teen, and they’ll feel empowered to tell you what’s going on.

7. Help them understand the changes in their body. Teens are better equipped at handling physiological changes when they’re fully aware of what’s happening. If they don’t want to talk to you about these changes, enlist the help of a trusted family member, friend, or counselor.

As your teenager navigates this complex period in their lives, it’s critical for parents to provide the support they desperately need.

Still feeling daunted? Parents need support, too! Our private FB community can help you chart these churning waters. Join us inside the Facebook Group for Tuesday Tips for Parents, Tuesdays at 6:10 pm PST. Our team of coaches streams in live every week to answer all your parenting questions.

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Biography and History Culture Economics Geopolitics Geopolitics and History News and Politics Other

How The War in Ukraine is Causing a Global Shortage For Millions…

Russia and Ukraine export nearly a third of the world’s wheat and barley. And  more than 70 percent of its sunflower oil…

The war in Ukraine is preventing grain from leaving the “breadbasket of the world” and making food more expensive across the globe.

World food prices were already climbing, and the war has made things worse, preventing over 20 million tons of Ukrainian grain from getting into the Middle East, North Africa, and parts of Asia.

According to this article in Intelligencer, West Africa is facing its worst food crisis in a decade, with the number of people in need of emergency food aid standing at 27 million in April and rising fast. Another 13 million face severe hunger in the Horn of Africa, and as many as 19 million will be food insecure in Yemen by the end of this year.

Europe embraces for another mass migration crisis sparked by food shortages in Africa and the Middle East.

Sri Lanka, once more prosperous than its neighbors, applied last month for 100,000 metric tons of food aid from a regional food bank as its debt crisis threatens to leave millions hungry.

Watch this video for a full explanation of the developing food crisis…

 

WATCH:

For more information visit tylerhayzlett.com

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Best Practices Biography and History Culture Entrepreneurship Industries Investing Management Marketing Mergers & Acquisition Negotiations Sales

WATCH: Abandoned by Parents, Kid Vows to Be Successful. Builds $4B Wendy’s Fortune

Dave Thomas was an orphan. Growing up, eating hamburgers in restaurants was the only thing that gave him a sense of belonging and purpose. When he was 8-years-old, he set out a plan to open the best restaurant in the world and later founded Wendy’s.

But even at an early age Dave knew that in order to grow a successful business, he was prepared to learn everything about the business from the ground up.

WATCH:

 

15 year old Dave started as a busboy at a Hobby House Restaurant in Fort Wayne, Indiana where a guy named Cornel Sanders was touring the country, trying to convince restaurant owners into converting their buildings into Kentucky Fried Chicken franchises.

Thomas’ boss, Hobby House owner Phil Clauss, was one of those restaurant owners.   Hobby House became Kentucky Fried Chicken, and Thomas became one of KFC’s first cooks.

A new waitress, Lorraine Buskirk, caught his eye and they were soon married in 1954.

Dave and his wife Lorraine grew their family to include five children – Pam, Ken, Lori, Molly and Melinda (Wendy was her nickname and who Dave named the business after). All the while, Dave worked toward his goal of owning his own restaurant.

He was pivotal in helping grow KFC. He simplified the menu and came up with the classic rotating red bucket sign. Thomas also convinced the colonel to appear in TV ads for Kentucky Fried Chicken.

Thomas’ success eventually enabled him to sell his stake in the four franchises back to the colonel, for $1.5 million. He used the money to open his first Wendy’s and became multimillionaire by the age of 35.

Today there are 6,900 restaurants worldwide.

Dave Thomas passed away in 2002 with a net worth of $4.2 billion. Dave wins.

For more information visit tylerhayzlett.com

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Best Practices Biography and History Culture Entrepreneurship Industries Management Personal Development

A Poor Single Father Raising 4 Kids (Who Burned Down His Workshop) Invented LEGO

Holy S@#$ LEGO Has Sold Over 400 Billion Plastic Bricks?

Having sold over 400 billion plastic bricks worldwide (75 billion annually), LEGO is easily the most popular and best-selling toys on the planet. It also holds the title one of the most painful things you can step on in bare feet…

But few people today know just how insanely unlikely the founder was to succeed against the series of tragedies that plagued his pursuit to success.

As successful as they are today, LEGO’s history is one of unexpected misfortune. Here’s why…

WATCH:

 

The Tragic Beginning of the World’s Most Successful Toy

In 1916, Ole Kirk Christiansen was an independent carpenter who primarily built wood furniture and home goods. He purchased a workshop in Billund, Denmark, that would ultimately become the birthplace of LEGO. He immediately faced a number of setbacks and tragedies during his first years in business:

  • His workshop burned down in 1924 after his sons accidentally set fire to it (losing all the inventory)
  • He (and the world) was hit hard during the Great Depression from 1929-1939

Effectively erasing any demand for furniture and toys for an entire decade. It wouldn’t see consumer discretionary spending increase until after ww2 ended in 1945.

But Wait, There’s More…

  • His wife passed away in 1932 leaving him alone to fend for himself and his kids
  • With the economy in shambles, he was forced to lay off half of his employees.

To stay afloat, Christiansen began carving cheap wooden trinkets, eventually landing a wheeled duck that became the company’s first popular toy.

But he still wasn’t generating enough sales to pay the mounting bills he owed. Christinasen’s brothers had to bail him out to save him from bankruptcy.

 

 

 

He Had to Beg His Family For Cash to Avoid Bankruptcy

Ole’s brothers agreed to bail him out on the condition that he stop making toys and turn his skills to a more practical profession.

But Ole refused to give up his passion of making innovative toys. So he changed the name of his workshop to LEGO (derived the Danish phrase leg godt, or “play well”).

Plot twist, his shop burned down for the second time…

Still unwilling to give up on his dream of breaking into the toy market, it was in this moment where Ole said: “Fuck wood! I’m moving to plastics!”…That’s not a real quote but you know he thought it.

 

Is This Why LEGO Went From Making Wood Toys to Plastics?

Because when Ole rebuilt his factory for the 3rd time, he turned his attention to making plastic toys (which was a brand new thing at the time).

During the 40s, plastic injection molding machines were introduced into the toy market to mass produce toys. But they were hella expensive. Buying one with the lack of much if any funds, would be a major risk.

He did it anyways…

The early toys included the Ferguson tractor, a plastic vehicle available as either a finished model or a buildable set that could be taken apart and put back together, (which later became the core feature of LEGO products).

 

 

 

How Lego Was Invented. After a 39 Year Struggle!

It wasn’t long before the idea of bricks to assemble a small house in the form of building blocks was invented. They designed literal plastic bricks that clipped together.

He patented the design and they released its first set, the LEGO System of Play – in 1955. 39 years after starting his toy business.

In the beginning of LEGO’s growth, they were still selling both wood and plastic LEGO toys (even though LEGO sales were much higher by this time).

 

But Then His Factory Burned Down Again…

Then, a lightning strike to the workshop caused a fire to burn down the entire workshop for the 3rd time. He rebuilt it again but decided this time, to switch the operations entirely to plastics.

Which turned out to be a good call…

Fast forward to today, the LEGO brand as of 2021 was up 27% (that’s a whopping $8B in sales) compared to the previous two years with $55.3 billion in revenue. The company saw massive gains during the pandemic as consumers of all ages looked for new ways to entertain themselves at home.

Which is pretty impressive growth for a company that for the most part, shouldn’t still be standing.

 

WATCH:

For more information visit tylerhayzlett.com

Categories
Accounting Biography and History Culture Economics Growth Health and Wellness Industries News and Politics Taxes

Recent Video Explains Why Sri Lanka Just Declared Bankruptcy…

Sri Lanka Just Announced They Are Bankrupt. And Out of Fuel…

A country thriving and wealthy in 2012 just announced they are bankrupt in 2022.

Before it’s recent bankruptcy Sri Lanka  had a thriving economy. In fact its economy grew at an accelerated rate, ranked above Singapore, Ireland, and South Korea.

Located in the center of the world’s most important shipping location, the country was set up to be a world economic import superpower. But a crisis hit…

On Tuesday, the country’s president, Ranil Wickremesinghe, told the Sri Lankan parliament that the country is not only bankrupt and that it also has no fuel left. Government employees have been told to stay home due to fuel unavailability.

Inflation spiked 54.6% in a year and is expected to hit 60% soon, and transportation costs have gone up 128% in only one month, according to Bloomberg.

At the G7 Summit last month, the US pledged $20 million to assist Sri Lankans in the fight for food security. This came in addition to a previously donated amount of $12 million.

But despite global assistance, the nightmare is far from over for Sri Lanka. Premier Wickremesinghe said that the country was participating in negotiations as a bankrupt state, and the worse is yet to come…

“Due to the state of bankruptcy our country is in, we have to submit a plan on our debt sustainability to (the IMF) separately. Only when they are satisfied with that plan can we reach an agreement at the staff level. This is not a straightforward process,” he said, and CNN reported.

A recent video explains the full story.

 

WATCH:

For more information visit tylerhayzlett.com

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Culture Economics Growth Health and Wellness Industries Investing News and Politics

WATCH: Olive Oil and Tomatoes Will Cost More Now. Here’s Why…

Northern Italy’s worst drought in 70 years is about to take a big hit on olive oil and tomato prices.

Farmers say the drought could dramatically impact crops on olive oil, tomatoes, and rice resulting in yet another increase in prices for these products.

The Italian government declared a state of emergency in northern regions of Italy as the weather dried out entire stretches of the Po River, the countries longest river and major source of water irrigation for the north of Italy.

The drought has already cost billions of dollars in damage to Italian crops resulting in higher prices around the world…

 

WATCH:

 

Italy embraces as their severe drought dries up it’s longest river (the Po River). The Po River irrigates one of the biggest bread baskets in Europe. And it’s all dried up.

Farmers are extremely exhausted, and the situation is only getting worse. Here is a video of how the river depletion is causing havoc on the region…

 

WATCH:

For more information visit tylerhayzlett.com