Ways on How Branding Agencies Can Boost The Image of Your Business

Building your brand’s reputation is crucial in today’s world, and branding agencies in Minneapolis know exactly how to do so. A branding agency knows that your brand represents your promise to your customer. It sets you apart from other brands, and it speaks to who you are as well as whom people perceive you to be. In short, your brand lets people know what they can expect from you and your services and products.

A logo for your brand is important, but that’s only the beginning of the journey that your brand should be on.

Giving Your Brand Definition

You aren’t going to be able to start getting your brand out there, in front of your potential customers, before you’ve defined it. Sounds simple enough, but there’s more involved than you might think. People aren’t mind-readers, and you need to let them know what you’re all about clearly.

A good branding agency can help you put a clearer and more unified picture out there so that your target audience will know what you exactly offer. They do so by researching the desires and needs of your customers. There is no sheer guesswork involved; a good branding team digs deep so you know exactly what your target audience is thinking, not what it looks like they are thinking.

All of that legwork will give you the information you need to reach the right customer. Once you know enough about the people you’re speaking to, you’ll know the most optimal way to let them know your company’s mission, the qualities that associate with your business, and why your products or services stand apart from others who might offer something similar.

Having a Social Presence Is a Must

Any branding agency worth salt knows that your company or business needs an engaging social media presence. A strong visible social presence allows your brand to demonstrate its expertise and can help your audience feel more connected to you. This, in turn, humanizes your brand and inspires people to engage with you, leading to plenty of conversion opportunities.

Being present on social media also allows you to answer questions that your customers might have, promptly. Some customers, especially those in the millennial generation, almost expect a company to have a social presence. Many prefer asking questions on a social media network rather than by email.

Branding your company or business for success might feel overwhelming. The good news is, you don’t have to do it alone. A trusted Minneapolis branding agency can ease your workload and help take your brand to the next level.

Branding & Social Media branding
 Edwin Meehan Edwin Meehan
Owner / Market Research Consultant • EVM Digital

Visit the Kairos webiste https://cabinet.kairosplanet.com/register/#111b0e

The Problem with Network Marketing and Multi-Level Marketing (MLM)

By Scott Allen
It never ceases to amaze me the extreme polar views on the topic of network marketing and MLM. Some people are passionate about it in the extreme, and there are even top celebrity authors like Robert Allen, Mark Victor Hansen, and Robert Kiyosaki doing it and advocating it. Yet, in many circles, you might as well declare yourself a leper as admit to being in network marketing.

So, what is the problem with MLM and network marketing?
Maybe it's the pyramid structure?

But you can't really take issue with the tiered compensation structure. Almost every large sales organization in the world has that. Salespeople get commission and sales managers get overrides or bonuses on top of that, and sales directors on top of that, and VPs on top of that.

Or maybe it's the fact that you have to pay to participate in it? But that can't be it. That's a standard franchising model. And I assure you, the franchise fee of most traditional franchises dwarf the sign-up cost of any MLM program by comparison.

Now certainly, there are illegal pyramid, or "Ponzi", schemes. This is where the money is all being made off of signing up other people, with little or no real product ever being delivered. But in spite of whatever perceptions people may have, the fact is that Amway, Excel, Melaleuca, PrePaid Legal, USANA, and many others have sold millions upon millions of dollars of products to happy customers, many of whom are NOT also reps.

So, there may be a perception problem here, but if so, the perception is out of line with the reality.

But surely the bad reputation MLM'ers has some more basis in fact than the occasional illegal pyramid scheme?
The real problem with MLM is not MLM itself, but some of the people it attracts. Network marketing is just a business model, and it really amounts to "micro-franchising".

Its upside is that it has a very low cost of entry, with the potential for exceptional revenue, and there are those who achieve that.

But those same things that make it attractive make it attractive to many who are NOT really qualified or prepared to become business owners. The salient characteristics of MLM make it attractive to people who:

have not done well in their business or profession and have little money saved up to invest
have no previous experience owning or running a business
have no previous experience in sales
have little or no experience developing business relationships other than that of employer/employee/co-worker
are not satisfied with their current level of income
have unrealistic expectations of the amount of work involved compared to the revenue realized
Don't get me wrong—I'm not saying that there's anything wrong with any of these things, or that this describes even a majority of network marketers—only that it describes a disproportionate number of network marketers, and that many of them never do anything about it.

As a result, many network marketers end up:

over-selling the opportunity
inappropriately discussing business in social situations
coming across as desperate

over-focused on new recruits and neglecting existing customers as a result
being either inaccurate or deceptive when talking about their business
Again, I'm certainly not saying that this describes a majority of network marketers, but it does describe enough of them to tarnish the reputation of the rest. To pre-judge someone based on the basis of a small minority of people in that group is horribly unfair, but we must realize that most prejudices have some basis in reality, even if it has been distorted.

So What's the Solution?
There's a first time for everything. And network marketing/MLM is a great opportunity for people to have their first business, their first sales role, etc. My point is this—recognize it for what it is: it's a business, and you are a business owner. And if you've never owned a business before, if you've never done sales before, if you've never networked before, you need to learn about how to do so, not just from the network marketing/MLM experts, but from established experts in those fields.

Network marketers who are serious about building a business should be reading and learning about business fundamentals, the latest sales and marketing techniques, strategies for networking and business development, etc., not just swapping tips at your team's weekly or monthly meeting. Act like a small business owner, and people will treat you like one.

Visit the Kairos webiste https://cabinet.kairosplanet.com/register/#111b0e

Blockchain Innovation Means Greater Financial Inclusion in the Middle East

Blockchain Innovation Means Greater Financial Inclusion in the Middle East

  

Financial inclusion,

something as simple as possessing a basic chequing account is significantly lacking in the Middle East, especially when compared on a global scale. Digital innovation, coupled with high mobile penetration rates, especially those aged 25 and under, can, however, open the door to reshaping the fate of the region’s estimated 85 million unbanked adults. According to the 2014 World Bank Global Findex Database, a report that measures global financial inclusion, account penetration in the Middle East, that is, individuals without access to even the most basic financial services sat at just 14 percent.

Last month, Dr. Nasser Saidi, a leading economist for the Middle East and North Africa region who served as the Minister of Economy and Industry and as the Vice Governor for the Lebanese central banks, reiterated the 14 percent figure in an interview. Saidi added, however, that the situation is even more dismal for women.He claimed that only 9 percent of women in the Middle East region owned an account. This is a stunning figure, especially when placed alongside the global average which sits at around 50 percent, according to World Bank data.

Furthermore, account ownership is at near-universal levels in high-income Organisation for Economic Co-operation and Development (OECD) economies, with 94 percent of adults from OECD nations having reported owning an account. Financial inclusion is critical for employment creation, for raising income levels and to consequently reduce poverty. To achieve inclusive economic growth, of course, requires the easing of barriers to accessing the broader financial system. The key to easing the barrier to financial access in today’s online environment is digital innovation, more specifically, advancement in financial technology and mobile banking.

The United Arab Emirates, one of the richest Gulf nations, has an internal battle amongst its top two cities. “There is a rivalry between Abu Dhabi and Dubai to become the fintech hub in UAE,” said Omar Soudodi, managing director of Dubai-based payments processor PayFort, as reported by Kadhim Shubber of the Financial Times, in December. Companies in the financial technology sector, including within the rapidly emerging space of blockchain technology, see the critical opportunity that exists for banking innovation. “More and more of the Arab millennials are getting into the banked world before they even graduate,” said Soudodi. “Before the trend was, ‘I graduate, I get a job, I get my first paycheck and think, oh my God, I need a bank account’.” There is potential to capitalise on the shifting demographic trends.

Changing Demographics

The UAE was cited by Google amongst the highest in smartphone penetration rates per capita as of September 2015. The UAE was in fact listed among global leaders with an overall smartphone penetration rate of around 75 percent. The mobile phone user base in the Middle East and North Africa region was second only to that in Asia-Pacific. “Just over 606 million people in the Middle East and Africa [region] have at least one mobile phone this year, and the total will pass 789 million in 2019,” reported eMarketer, an independent market research firm, in tandem with Starcom Mediavest Group as part of their 2016 Global Media Intelligence report.

The UAE has retained its regional standing as the highest per capita country for mobile phone penetration with an estimated 80.6 percent of the population reported to possess a mobile device. Further, this number is projected to inch up to 82.8 percent by 2019, as per the Global Media Intelligence report. From a usage perspective, the trend is similarly moving toward complete saturation. In 2012, only 54 percent of UAE users under the age of 25 went online using a smartphone at least as often as on a computer. This rocketed to 90 percent by 2015.

Fast-forward to data obtained in January 2017 and the trend upward continues, with the Internet and mobile use remaining high in the Middle East, according to We Are Social’s and Hootsuite’s Digital in 2017 Global Overview. Of an estimated total regional population of 246 million there are 147 million Internet users in the Middle East — a 60 percent penetration rate. Furthermore, there are 312 million mobile subscriptions, which amounts to a 127 percent rate against the overall population.

“You have a very young population, using modern technologies. Yet, the financial and banking side is lagging. Fintech therefore, can play a very important role in financial access and inclusion,” said Saidi. Top digital users are of course the youth segment, according to economist Saidi, who added, 60 percent of the population in the Middle East are aged under 30, which highlights the ripe opportunity to mobilise the current and upcoming generations.

Blockchain-Based Innovation

“The Arabian world is ripe for innovation,” said Mohammed Alsehli, chief executive officer at ArabianChain Technology, a Dubai-based software developer. “Blockchain technology is at the center of innovation in the region that is made possible by the direction and the vision of some of the countries here. In Saudi Arabia and the UAE it’s all about the digital revolution and how to digitally transform these countries in the future.” ArabianChain Technology, based in the Dubai Technology Entrepreneurship Center, recently launched its own public blockchain.

In addition to the blockchain, ArabianChain is developing a suite of blockchain-based features and products, including its own digital currency called DubaiCoin-DBIX (previously, DubaiCoin-DBIC), an exchange, and a regionally-focused marketplace. “DBIX is a secure and economical means to conduct payments and asset transfers,” Alsehli said. But ArabianChain is just a single player amidst a growing base of fintech ventures, blockchain-based and otherwise. Last September, the Dubai Future Foundation launched its inaugural Dubai Future Accelerators, a 12-week program connected international technology startups with government entities for the purpose of creating prototypes and pilots for the City of Dubai.

According to Bitcoin Magazine reporter Diana Ngo, The program “enlisted 30 companies with seven of Dubai’s public services: Health, Energy, Knowledge, Municipality, Police, Transport and the investment portfolio, Dubai Holding.” In fact, the United Arab Emirates is moving to adopt sweepingly adopt blockchain technology with aims “to become, by 2020, a leading centre for innovation and the first government in the world to execute all of its transactions on a blockchain.”

The power of this, from a financial inclusion and digital innovation standpoint, will be unmitigated access for a population that lives online, connected via a computer or mobile phone, with the latter’s penetration rate at a nearly universal level. Further, integration and adoption of a regionally-focused, feature-filled public blockchain has the capacity to heighten interaction and connectivity from business-to-business,  business-to-consumer, and peer-to-peer positions.

Daniel Diemers, a consultant with the strategy and consulting arm of PricewaterhouseCoopers, pointed to another reality in the region, that of disconnection, stating, “If you’re a payments fintech start-up in the UAE and you’ve gone through all the approvals, it [still] doesn’t give you passports in other Gulf countries.” ArabianChain and other public blockchains like Bitcoin have the potential to alter this dissociative relationship, allowing businesses and people to interact without thought of border, according to Alsehli.

Mobile banking and the advancement and adoption of financial technology applications can also shatter the often insurmountable barrier physical access predicates while alleviating costs to the account owner and the banking institution. In short, Blockchain-based innovation could mean significant progress by way of financial inclusion through digital. This guest article is authored by Brandon Kostinuk, communications lead at Vanbex Group, a Vancouver, Canada-based professional services firm and consultancy that specialises in the digital currency and blockchain technology sector.

Chuck Reynolds
Contributor

Visit the Kairos webiste https://cabinet.kairosplanet.com/register/#111b0e

Nevada Senators Unanimously Advance Blockchain Tax Ban

Nevada Senators Unanimously Advance Blockchain Tax Ban

   Senators in the state of Nevada

have unanimously backed a proposal that would block local authorities from instituting taxes or fees on blockchain use. According to public records, after just over a month of deliberation, the Senate advanced the measure following a 21-0 vote, with zero abstentions. As CoinDesk reported last month, it’s the first measure of its kind that would prevent local officials from charging money to use a distributed ledger or a smart contract tied to one. Sen. Ben Kieckhefer initially submitted the measure on 20th March.

The bill stipulates:

"A local governmental entity shall not: (a) Impose any tax or fee on the use of a blockchain or smart contract by any person or entity; (b) Require any person or entity to obtain from the local governmental entity any certificate, license or permit to use a blockchain or smart contract; or (c) Impose any other requirement relating to the use of a blockchain or smart contract by any person or entity."

Other elements of the bill would clear the way for smart contracts and blockchain signatures to become acceptable records under state law, similar to a measure that was signed into law last month in neighbouring Arizona. The bill now moves to the Assembly – the lower chamber of Nevada’s bicameral legislature – for further consideration.

Chuck Reynolds
Contributor

Visit the Kairos webiste https://cabinet.kairosplanet.com/register/#111b0e

Dubai And The Globalization Of Blockchain Technology – And FinTech

Dubai And The Globalization Of Blockchain Technology – And FinTech

Summary

Information technology continues to spread throughout the world, even as populist governments and politicians argue that nations just need to focus on their own country. Dubai has very aggressive plans to have 100 percent of applicable government services and transactions on blockchain by 2020 and bring along the private sector to work within the system. Dubai plans to be a hub of world trade and knows that information systems must be integral to such globalization setting a standard for others to follow.

 

Recently, I posted an article relating to a conference on Financial Technology (FinTech) held at MIT. In that post, I discussed the advancement of technology in the United States financial system and reported on how far behind many experts believe the American financial system is in introducing technology to the US economic system. An interesting thread running through many of the sessions at the conference was the mention of Dubai as a leader in the advancement of blockchain technology.

Blockchain technology uses a digital ledger system to efficiently share and track information related to contracts and transactions. The records of the system are permanent, verifiable, and secure. The Blockchain Technology is the technology used to support the digital currency bitcoin. It was surprising to me to see an article by Nikhil Lohade in the Wall Street Journal on the efforts being made to turn Dubai into a blockchain center.

Mr. Lohade quotes the group chief information officer at Emirates NBD, Dubai's largest bank, Ali Saywani:

"The aim is to replace paper-based contracts with smart contracts that will help reduce complex documentation for the tracking, shipping and movement of goods."

"We have a very clear objective to make Dubai the capital of the blockchain industry," says Aisha Bin Bishr, director general of Smart Dubai, a government office tasked with facilitating innovation in the emirate. "By 2020, we'll have 100 percent of applicable government services and transactions happen on blockchain."

Chuck Reynolds
Contributor

Visit the Kairos webiste https://cabinet.kairosplanet.com/register/#111b0e

Ripple Adds 10 New Financial Firms to ‚Blockchain Network‘

Ripple Adds 10 New Financial Firms to 'Blockchain Network'

  

Ripple is adding 10 new banks

and financial services providers to what it's now calling its "blockchain network". Founded in 2012, Ripple has raised nearly $100m for its distributed ledger tech and related payments products, but it has been increasingly active of late in seeking to formalize enterprise partnerships amid a wave of high-profile consortium efforts.

The new partnerships find Ripple showcasing its reach and influence. New members include MUFG (Japan), BBVA (Spain), SEB (Sweden), Akbank, Yes Bank (India), Axis Bank (India), SBI Remit (Japan), Star One Credit Union (US), EZ Forex (US) and Cambridge FX (Canada). In an interview, Ripple VP of product, Asheesh Birla explained the company is beginning to define its offerings in more collaborative terms. While its product allows for faster cross-border payments, Ripple is also creating a set of standards for banks to follow while using its underlying tech, he said.

Birla told CoinDesk:

"You need a whole ruleset, and that's why we call it a blockchain network and when we say that partners are joining, they’re actually agreeing to the standards and rules that accompany the technology as well.”

The new partner banks and companies are a mix of inbound and outbound services. As Birla explained, Indian banks Yes Bank and Axis Bank are receiving more cross-border payments rather than issuing payments out. MUFG in Japan, on the other hand, manages both. "They would be processing payments for a lot of Japanese that want to send money to other destinations like Turkey and India but then there’s a lot of demand for sending payments into Japan as well," he said.

Faster payments are one advantage, but members also cited other advantages. Evan Shelan, chairman of EZ Forex said, "The benefits [of the blockchain] are about adding the most advanced level of security to each payment through the distributive ledger for our financial institutions."

Global reach

Of course, a global network is perhaps a natural fit given Ripple's recent focus on the cross-border DLT opportunity. According to Birla, many banks are feeling the need to process more international payments than ever before. As such, Birla framed DLT as an advance that could help financial institutions with a broader set of problems. For instance, without a standardized procedure, he argued things gets messy when operating payments to several different countries.

"[Banks are] looking at this as a new kind of service that they can offer that would compete with a lot of the startups in their space," he said. Still, work needs to be done to boost the Ripple ecosystem, and Birla said that banks were chosen, in part, due to their expertise with their local regulatory environment.

Birla concluded:

"The reason that we chose to work with banks is that they are experts in local regulation. A lot of them have that pull and understand the regulatory environment and we built our product in such a way that it fits within the different regulatory schemes around the world."

Chuck Reynolds
Contributor

Visit the Kairos webiste https://cabinet.kairosplanet.com/register/#111b0e

Blockchain: The Next Mortgage Industry Shake-Up?

Blockchain: The Next Mortgage Industry Shake-Up?

It has been quite some time since a new technology came along that holds the promise of revolutionising the mortgage industry. E-signatures and e-mortgages still offer the promise of a major technology shift, but 17 years later, adoption of e-mortgage technology has been anaemic

Along comes a new technology: Blockchain.

Will blockchain finally be the game-changing technology for the industry? I believe blockchain will be the next big thing. Although there were high hopes that e-signatures would be the solution that finally improves the process, the industry has been slow to adopt e-signatures as the core game-changing technology – and for good reason. Switching to digital mortgages requires substantial process and technology changes. Also, digital mortgages require the mortgage ecosystem – from the originator to the title company, to a closing agent, to a county recorder, to investor – to support the “e” process. This has been an almost insurmountable hurdle to overcome.

Although it has been close to two decades since e-signatures became legitimate under the law, e-closings are still not commonplace for mortgages. It’s no fault of the technology, per se – clearly, using e-signatures can make life easier for borrowers. Yet, the mortgage industry is still a paper-and-ink industry that requires mortgage teams and customers alike to go to the title company’s office and sign stacks of documents by hand. This is where blockchain technology comes in. I believe that blockchain will ultimately become the tool that enables wider adoption of digital mortgages.

What is blockchain, and why should mortgage lenders care?

Most mortgage professionals have heard of blockchain, yet no one knows for sure how it will impact mortgage lending. Many in the industry believe that blockchain will be used for digital currency or high-frequency trading. But the fact is that blockchain-based technology holds the promise of creating a completely new basis for the digital mortgage without any of the previous hurdles.

Blockchain technology that is correctly applied to documents and data provides the same level of preservation of information, document integrity and tamper seal solutions as the original mortgage without requiring a completely reworked “e” process. Blockchain technology can work with digital signing or with a paper signing. Notary seals, recordation information, e-notes and paper notes, and video recording of closings can all be tamper-sealed and immutably recorded.

Why is that so revolutionary for the industry? Because if you use the right blockchain solution, it helps overcome the three previously mentioned hurdles that stopped e-signatures in their tracks: With blockchain, you don’t have to have everyone in the mortgage ecosystem agree to an e-mortgage document process, nor do you need everyone to support the e-signed documents. More importantly, blockchain solutions will not require lenders to retool processes, as blockchain technology sits as a thin layer on top of the existing document management system. Blockchain technology, when properly applied, has the ability to freeze a copy of signed documentation to prove that it has never been altered – and, further, that the original document is in its original location.

An enabler, not a replacement, of e-mortgages

Will blockchain replace digital signatures? It certainly has the potential to change the way digital signatures are utilized, but no, blockchain will not replace digital signatures. The goal is to help facilitate their use by making blockchain the fundamental enabling technology. As we’ve seen through their slow adoption, e-signatures are not the right tool to be the lead player, but they are still an important tool in the mortgage industry’s toolbox.

What blockchain technology will do is shift the way that the industry thinks about an e-mortgage. In the past, an e-mortgage was envisioned as a soup-to-nuts digital file that contained only digital documents and e-signatures – a configuration that was extremely tough to implement because of the hurdles described previously. Blockchain brings something new to the table by offering the mortgage team and customer the same benefits whether signing digitally or on paper. Again, e-signatures will become the technology that makes some parts of the mortgage process better for the consumer and the lender, but it won’t be the underpinning technology around a digital mortgage.

Building on the blockchain backbone

As we look back over the past 17 years of the industry’s anaemic attempt to get widespread adoption for e-signatures, it’s important to reiterate that this wasn’t a failing of the digital signature technology itself. Instead, the failure was because e-signatures required clearance of too many significant hurdles. Within this environment, blockchain has emerged as a problem-solving technology that doesn’t require the same level of clearance of the industry’s hurdles.

Blockchain offers a completely different baseline technology on which to build the digital mortgage. Although blockchain is poised to ultimately become bigger than e-signatures and replace them as the core driving technology, the ability to sign digitally will still be hugely important in the mortgage industry. Tools such as e-signatures, electronic closings and e-vaults are vital components of the overall e-mortgage solution.

What’s changing is that e-signatures will be replaced as the core technology behind e-mortgages. These components will need to plug into the blockchain backbone, which will become the linchpin that drives an electronic mortgage. Shifting the focus from e-sign tools to blockchain as the backbone for compliance and document management is a win-win, as it still allows for the option to insert e-signatures as needed along the way. In short, blockchain is the transformation in technology that the industry has needed for nearly two decades – one that will finally allow e-signatures to become incredibly powerful.

Chuck Reynolds
Contributor

Visit the Kairos webiste https://cabinet.kairosplanet.com/register/#111b0e

Ethereum Bids for Wall Street with ETF Application

The ETF fever might be making a comeback as SEC places itself in the spotlight once again following its decision to review their rejection of the bitcoin ETF. Heat now might be turned up a notch as the new kid in the block, ethereum, is trying its luck too, in a bid for Wall Street.

Joseph Quintilian and Gregory DiPrisco have founded EtherIndex which is to act as a trust for an Ethereum ETF with Coinbase acting as a custodian and price based on GDAX while Kraken is to act as back-up, both regulated exchanges.

Not much is known about the two, but Quintilian appears to be a Wall Street banker or trader, seemingly very well connected and apparently politically involved. He is a board member of Concord 51, a political action committee that targets young professionals, and, according to their LinkedIn, “not just the young Republican establishment, but also the unengaged.”

// Get exclusive analysis of bitcoin and learn from our tutorials. Join Hacked.com for just $39 now. //

The two have also founded Axiom Markets, “a proprietary energy trading firm,” according to their website, and, interestingly, they say “Axiom Markets has melded technology and trading together. Our programmers and traders worked as a team during the development and implementation of our in-house proprietary platform.”

That makes it somewhat easy to see how they ended up at eth, but do they have a chance with their ETF? Mr. Eduardo A. Aleman, Assistant Secretary at the SEC, has made a new ruling on the eth ETF this April 21st 2017. It’s slightly confusing.

First of all, Aleman has instituted proceedings “to determine whether the proposed rule change should be approved or disapproved.” He wants written comments from the public (presumably because he can’t do his own research as we saw from his last decision where outdated and factually incorrect information was used) and, he says he hasn’t made a decision, but is “providing notice of the grounds for disapproval under consideration.” These grounds are now a bit familiar:

“The Commission is instituting proceedings to allow for additional analysis of the proposed rule change’s… which requires, among other things, that the rules of a national securities exchange be “designed to prevent fraudulent and manipulative acts and practices” and “to protect investors and the public interest.”

Eth and bitcoin are similar, but also very different. First of all, none of the big Chinese exchanges lists eth for trading. Secondly, the two biggest eth exchanges are Coinbase and Kraken, both regulated.

Ethereum is backed by almost all household brands who have formed an alliance in support of the platform. Microsoft is a big proponent, with eth’s protocol added to the IBM spearheaded Hyperledger.

The currency has a philosophy of “political neutrality.” The state of Arizona has now declared that smart contracts are to be treated no differently than any other contracts. Mr. Aleman should approve.

Mr Aleman, Open the Doors for Business

If he keeps rejecting these ETFs then he will show to a new generation that regulators are standing in the way of innovation in the guise of “protecting the public” or “preventing manipulation.” Why hasn’t the SEC delisted the banks that manipulated the LIBOR rates if they so keen on “preventing manipulation?”

Because that’s probably just filler. The decision, instead, appears political, probably by a democrat who should be fired due to the shambolic way he handled the bitcoin ETF rejection, allowing widespread speculation for weeks even though a decision had seemingly been made and rejecting it at, literally, the last minute.

Get out of the way of this generation’s invention SEC. Open the doors for business or your youth will just go to Britain where they’ll be welcomed with open arms, further precipitating your “third-world airports,” as President Trump called them.

Visit the Kairos webiste https://cabinet.kairosplanet.com/register/#111b0e

10 MLM Home Business Success Tips

Navigating an MLM Business Can Be Tough — Follow These MLM Success TIps
Many people are scared away from network marketing, also known as multi-level marketing (MLM), because of all the myths and misunderstanding about this business type. Part of negativity comes from low MLM success rates. However, a multi-level marketing business isn't destined to any more unsuccessful than any other business. No matter what business you start, you need to build it to be successful.

To enhance your multi-level marketing (MLM) and recruiting efforts within the world of direct selling, consider using these MLM Success tips:

1) Brush Up on the Realities of MLMs
To stay safe from pyramid schemes and MLM scams, arm yourself with knowledge. Learn about the industry as a whole, research MLM companies carefully, and determine if you're a good match with your sponsor. The truth is, while you can get rich in MLM, statistics show that less than one out of 100 MLM representatives actually see MLM success or make any money. However, that's not necessarily the business or MLM industry's fault. Most athletes never make it to the Olympics, but that's not sports or the Olympics' fault. Any great feat requires knowledge and action. 

2) Find a Company With A Product You Love
You can’t sell something or share your business if you don’t genuinely have pride in what you are representing. Do your MLM research and partner with a company that has a product you can get excited about.

Don't forget to look into the company's compensation plan before you join and make sure it is favorable to you.

3) Be Genuine and Ethical
One reason that direct selling gets a bad rap is that many representatives use hype and sometimes deception to lure in new recruits. This leads many to believe that the MLM companies themselves condone this behavior, but in truth, they don't.

Legitimate MLM companies encourage you to be honest in your dealings with customers and potential recruits. If you love your product, your enthusiasm is enough to promote it. Just make sure you're not over-the-top or making exaggerated or false claims. Good business conduct will ensure that your customers and recruits don't feel duped, and as a result, will stick with you. 

4) Don’t Barrage Your Friends and Family
Nothing will annoy your family and cost you friends more than constantly pestering them about your business. There's nothing wrong with letting them know what you're doing and seeing if they have an interest, but if the answer is "no," let it go. Many companies suggest making a list of 100 people you know, and while that's not wrong, you should consider that most successful MLMers have very few people from their original list of 100 people in their business. In most cases, friends and family who are in the business often come AFTER seeing the MLMer's success. Success in MLM comes from treating it like any other business, in which you focus on the people who want what you have to offer.

5) Identify Your Target Market
One of the biggest mistakes new MLMers make is looking at everyone (including friends and family #4) as a potential customer or recruit.

This is one area where the MLM industry gets it wrong. Like any other business, you're going to have greater success and efficiency if you identify your target market and focus your marketing efforts at them. Someone who doesn't care about vitamins or health and wellness isn't a good person to pester about your business. 

6) Make an Effort to Share Your Product//Business Plan Everyday
Many MLM sponsors will have you focus on recruiting new business builders; however, your income, in legitimate MLM, comes from the sales of products or services. Further, customers who love the products or services can be more easily converted into new business builders. Just like any other business (home-based or otherwise), getting the word out about your product or service can benefit your target market is the key to generating new customers and recruits.

Some ideas include sharing a product sample, inviting a neighbor to host a product party, or starting a website or social media account.

7) Sponsor, Don’t Recruit
One of the benefits of MLM is the ability to bring in new business builders and profit from the sales they make in their business. While some see this as "using" others, the reality is that you're being rewarded for helping others succeed. But for them to succeed, you need to see your role not as racking up as many recruits as possible, but in being a leader and trainer. The focus then is on the success of those you help in the business, not on you. That means you need to take time to train them, answer questions, celebrate their successes, and be a support when things are tough. 

8) Set a Goal for Parties or Presentations
MLM is a person-to-person to business. While many people don't like that aspect, especially in the digital age, the reality is that it's the personal touch that sells the products and business, and retains customers and business builders. Based on your compensation plan and goals, determine how many people you need to show your products or business to reach your goals in the time you want. Doing so will ensure you grow your business rather than just sustain it.

7) Listen and Sell the Solution
Many companies provide scripts to help you sell the product or service. While these can be helpful in teaching you about your product and dealing with objections, sales is all about being a solution to what a customer needs. By qualifying your contact first, and then listening to their needs, you can tailor your pitch so that you're the solution to their problem. 

8) Learn How to Market
MLMers often stick to the three-foot rule (everyone within 3-feet of you is a prospect) and other traditional marketing tactics. But direct sales is like any other business. It can and should be marketed in a variety of ways that takes into consideration your target market, what it needs, how you can help it, and where it can be found. To that end, you can use a variety of marketing tools including a website (check your companies policies about websites), email,​ and social media to increase product sales and interest in your business. 

9) Stand Out from Other Distributors
One of the challenges of MLM is convincing prospects to buy or join with you as opposed to the other reps that live in the neighborhood or they know online. You're selling the same stuff as thousands of others, meaning consumers have a choice. So you need to do something that makes you unique compared to everyone else. Give people a reason to choose you over other reps.

While you don't want to pester and annoy people, in many cases, with good follow up, you can make the sale or recruit at a future time. Sales is often about timing, and 'no' in sales doesn't always mean 'never.' If someone tells you no, but there was something in the dialogue that suggested they might be interested in the future, ask if you can put them on your mailing or email list, or if you can call in six months to follow up. Many will give you their email or phone number just because they want to be nice. Even so, use your calendar or contact system to remind you when to call. 

Visit the Kairos webiste https://cabinet.kairosplanet.com/register/#111b0e

Segwit on Testnet Supports 1.7 MB Blocks With 8800+ Transactions

Bitcoin Core’s scaling solution Segregated Witness (Segwit) will likely support 1.7 MB bitcoin blocks when activated, testnet experiments have revealed.

According to Smartbit, a bitcoin testnet data provider, Segwit is currently able to process 1.7 MB blocks on the bitcoin testnet, with more than 8,865 transactions. The current bitcoin blockchain capped with a 1 MB block size can only handle around 2,500 transactions.

However, the transactions processed on the testnet were p2pkh transactions. Although the standard 1 MB blocks are limited to process around 2,500 transactions, they can still handle 5,235 p2pkh transactions in each block.

// Get exclusive analysis of bitcoin and learn from our tutorials. Join Hacked.com for just $39 now. //

Alternatively stated, the activation of Segwit will likely result in a 75 percent increase on the current 1 MB block size if implemented in an optimum ecosystem.

On November 23, bitcoin trader and analyst WhalePanda introduced a testnet experiment conducted by the Bitfury analytics team shared by the BitFury Group chief information officer Alex Petrov. While the types of transactions settled in Segwit-enabled blocks could vary, the Bitfury analytics team’s research concluded that 1.7 MB was the average block size based on their experiment conducted on the bitcoin testnet.

More importantly, WhalePanda noted that 1.7 MB is theoretical and other numbers such as 2.1 MB or Lightning co-author Thaddeus Dryja’s 3.7 MB are also all hypothetical. The only issue with Segwit which the miners, especially the Chinese mining community struggles to deal with, is that it can’t guarantee a specific block size due to a wide range of variables including different transaction types and circumstances.

In January of this year, Dryja noted that his experiments on the bitcoin testnet demonstrated the capability of Segwit to handle 3.7 MB blocks. He explained:

“I have a script that will spam testnet and make 3.7MB blocks. It’s not a 800KB regular block with txids and output scripts, and a 2.9MB witness block with just a bunch of signatures. It’s a single block, that looks pretty much the same as old blocks with a few extra requirements, that’s 3.7MB.”

The on-chain capacity expansion suggested or discovered by Dryja is a 3.7x increase to the current standard 1 MB block size. Dryja’s discovery offers a significantly different perception of Segwit’s on-chain capacity increase in comparison to Petrov and the Bitfury team’s research. This huge gap, which at this stage is completely theoretical and based on assumptions, should be the main discussion point of Segwit activation.

As explained by security experts such as Andreas Antonopoulos in the past, Segwit is more than a conventional block size increase solution. Its advantages derives from its ability to fix transaction malleability, provide infrastructure for two-layer solutions and overall, optimize the bitcoin network. Some experts described Segwit as a “Swiss army knife of a scaling solution.”

In fact, Slush, the CEO and IT architect of Satoshi Labs, the parent company of bitcoin hardware wallet manufacturer Trezor, stated:

“Bitcoin as Gold is Bitcoin without Segwit. Just activate it and whole world of new applications and solutions will appear.”

The only question left for the community to consider is, what happens if Segwit is activated and it does not provide on-chain scaling that is on par with the community’s expectation? What if Segwit’s 1.7 to 3.7x theoretical increase is not sufficient enough to scale the network?

Then, the community can begin to consider the possibility of expanding the block size of Segwit-enabled bitcoin blockchain.

Visit the Kairos webiste https://cabinet.kairosplanet.com/register/#111b0e