Business-Risks-Preconceived Notions-Bob Davis Podcast 827

Business-Risks-Preconceived Notions-Bob Davis Podcast 827

We Are Our Own Worst Enemy

We are often our own worst enemy. This is an idea especially relevant to business owners. Financial and Business Consultant Todd Rooker and I talk about it in Business-Risks-Preconceived Notions-Bob Davis Podcast 827.

Our Psychology Can Kill Our Business

Moreover these days wherever you turn for information you’re likely to get a prediction based on the past. It all adds up to preconceived notions and cognitive dissonance which can be fatal to a small business.

Perception Can Be A Reality You Don’t Want To Live In

Financial Consultant Extraordinaire Rooker says it comes down to business owners wanting what they want, when they want it. I think it also has to do with this habit of pundits and commentators everywhere trying to compare our time, to the past rather than the present.

Assumption Is The Mother Of All F-Ups

Consequently business owners need guidance. Its very easy to get off the path or the plan. Especially when we might not have had much of a plan to start with. We talk about all this in Business-Risks-Preconceived Notions-Bob Davis Podcast 827.

Rooker Tells It Like It Is

Finally if you’re a business owner you won’t hear business being discussed with this level of clarity and authenticity very often. Rooker has worked with thousands of business owners over the years. When you add life and business experience, he has a lot of wisdom to share.

New World

Topics include the business mindset, cognitive dissonance and how to effects business owners, how different generations think about business overall, and our fast moving new world.

An Extraordinary Time

In conclusion I have certainly said over and over in these podcasts that I think we’re living through an extraordinary time. Never before have we faced the challenges we face. In addition we have never had tools with the power and scope we have these days. It’s a unique combination of factors we’ve never really seen before.

Despite the challenges it is a great time to be in business, as long as we don’t operate from preconceived notions.

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Business-Risks-Preconceived Notions-Bob Davis Podcast 827

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Time Like No Other-Bob Davis Podcast 826

Time Like No Other-Bob Davis Podcast 826

We’re living through a time like no other. Talking heads constantly compare our time to other times. Does that make sense these days? We’ll talk about it in Time Like No Other-Bob Davis Podcast 826.

Fall Of Rome Anyone?

We’re living through an era ‘like’ the end of the Roman Empire, the foundation of the American Republic, the Civil War, even the 1920’s, say pundits.

Civil War?

Our political divisions are ‘just like‘ those before the Civil War. Is this valid? We’ll talk about it in Time Like No Other-Bob Davis Podcast 826.

World War One On The Menu?

In addition our time is supposedly just like the time before World War One because we face trouble in Eastern Europe and the Middle East and there is a backlash to free trade. Does this make sense?

Trump and Hayes

Hapless political figures are compared to President Trump. Andrew Jackson. James Buchanan. Even Abe Lincoln, Andrew Jackson and Richard Nixon. Rutherford B. Hates and George Wallace. These comparisons are inaccurate. Comparisons suggest an outcome. Also inaccurate.

Ours Is A Unique Era

Finally these comparisons hide the fact that we are living through a unique time. Institutions that have existed for hundreds and even thousands of years appear to be in rapid decline today. At the same time scientific and technological advancements promise even more disruption in the days to come.

Borders, Drones, Social Media As A Weapon and AI

From Border issues to Artificial Intelligence to the rise of Social Media as a weapon. New companies and new products generate unprecedented profits. People seem to be losing faith in their governments. How will we handle these issues?

This Is Not A Movie

Above all comparing our population and technology to ancient and bygone times might make great movies, but bad reality.

In conclusion, we don’t address critical challenges when we look to the past.

By all means let’s learn from history but history isn’t a simple template you can apply to the present time. We’re making it up as we go. Maybe it’s time to accept this really is a new and unique age and act accordingly.

(Editor’s Note: This is a complex podcast. When I do these kinds of podcasts I rush a little to get through necessary details, so I can get to the conclusions. And of course, when rush I can misspeak. The most glaring example in this podcast? I confused President Andrew Jackson with President Andrew Johnson. Seconds before speaking about Jackson, I jumped ahead to the 1860’s when Johnson, not Jackson was impeached.)

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Time Like No Other-Bob Davis Podcast 826

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Success-Wealth-Pope-Sin-Bob Davis Podcast 825

Success-Wealth-Pope-Sin-Bob Davis Podcast 825

Pope Francis is at it again. In his latest attack on capitalism he says the pursuit of career, success and wealth is sinful. This is a popular position to take these days. Do you agree? We’ll talk about it in Success-Wealth-Pope-Sin-Bob Davis Podcast 825.

Extremes

Anything taken to the extreme can certainly be a sin. Maybe the Pope has gone too far this time though.

I Am Poor Because You Are Rich. Right?

Pope Francis seems to be reinforcing the idea that one person is poor because someone else is rich. So did Karl Marx.

Tax Breaks Are Bad Unless I am Getting Them

Moreover this theme is often taken up by anti capitalist protesters. In Paris they are complaining that the billionaires offering to fund the rebuilding of Notre Dame should be helping the poor instead. Amazon is criticized by the media for employing legal tax breaks to bring its tax bill down to zero. Everyone else employs tax accountants. Why? To lower their tax bills.

How Big Is The Pie?

Finally Pope Francis reinforces the idea that the pie is only one size. When one person takes a slice less pie remains. Fact is capitalism and capitalists make the pie bigger.

Hard Work And Focus On Success Is Now A Sin?

The popular notion the Pope is reinforcing is investors and entrepreneurs receive income exceeding the value and contribution they make to the process of production. In fact, investors and entrepreneurs driven by a single focus make production possible. How is that a sin?

Define Capitalism

As a result of this Pope’s statements one can only conclude he is attacking capitalism. What is wealth? Prosperity? Success? How does one define capitalism? I do in Success-Wealth-Pope-Sin-Bob Davis Podcast 825.

Even Jesus Had To Work Hard

Above all accomplishing anything of human value isn’t easy. Any noteworthy contribution made by human beings from Lebron James to Jeff Bezos takes a lot of focus and work. The Pope might encourage that commitment rather than condemn it.

Dangerous Cynicism

In conclusion this Pope demonstrates a more dangerous cynicism. Especially when you consider the fact that the Catholic Church itself remains one of the largest real estate owners and tax free institutions in the world.

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Success-Wealth-Pope-Sin-Bob Davis Podcast 825

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