Author Archives: MizandTeam

It’s Okay To Be Different!

The words ‘eccentric’ and ‘millionaire’ seem to be almost inextricably linked in the popular psyche. I’m not sure where it all started – maybe it was with the reclusive Howard Hughes, or the money-conscious John Paul Getty I – but the tag has stuck. Anyone with a few quid in the bank and a liking for stripy trousers automatically inherits the label. And the implication is often less than flattering – that the person may be rich, but they’re not quite normal. Well of course they aren’t!

Here’s how Webster’s Dictionary defines the word eccentric:

“Deviating from an established or usual pattern or style.”

Of course millionaires deviate from an established or usual pattern or style! This is an essential pre-requisite to achieving anything worthwhile– not just making a lot of money. Why? Because to bring about extraordinary results requires extraordinary actions. What do you think happens if you conform to an established or usual pattern or style? That’s right – you get a normal or usual result. And a normal, more ordinary, result doesn’t lead to great achievement. If it did, we’d all be great achievers.

Do you have a tendency to conform and follow the crowd? If you do, you’re far from alone (there wouldn’t be a crowd otherwise!) and in all likelihood, it’s a hangover from your childhood.

Before we’re out of nappies, we’re already being indoctrinated to believe that there is a ‘right way’ to do everything. We are led to believe that among the many ‘wrong’ ways of doing something there is just one right way. Of course, when you’re a kid it makes a lot of sense. The world is a new and complicated place. The last thing you need is 12 different options for holding a spoon! And so we learn one way, and that’s the right way.

When we start school, the same process continues. One way to write, one way to read, one way to add up, one way to sit, one way to queue for lunch, one way to hold hands with your partner on the odd outing from school. One way for everything and one way for everyone. And so it goes on. Every schoolbook we ever read told us the right way to do things. Rarely were we given a choice or options. “This is how it’s done and this is how we’ll all do it, ”they seem to say.


Is it any wonder then, that by the time we approach adulthood this whole idea has become firmly embedded? There’s a right way to do things, and it’s the only acceptable way. To succeed, you have to do things that particular way. Take any other path and you’ll fail. The ultimate conclusion, of course, is that there’s one way to think.

This ‘one right way,’ middle-of-the-road approach keeps most people safe. They are safe from harm, reasonably competent in what they do, and importantly for the rest of us, comfortable to be around. We know what they’re going to do and when they’re going to do it. There are no surprises, nasty or otherwise.

However, as an approach geared to maximising individual potential it’s extremely flawed. While conventional wisdom, the ‘right’ approach is usually safe, it isn’t necessarily correct. Follow it and the result will inevitably be mediocre. Why? Because everyone else will be doing the same thing. Follow them and you’ll get the same result. Mediocre, middle of the road and very average.

Most successful people not only behave differently to the norm, they also think laterally, outside the box. And that is what separates them from the herd. So remember – whatever path you choose there is no one ‘right ’way – there are a number of ways that work. Your task is to find the one that suits you best, not the one someone else says you should take. To borrow a popular phrase, dare to be different.

Kind Regards

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John Harrison  

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Sources of Funds

Of all the reasons I hear for people not following through with a business idea, a lack of funds comes right at the top of the list. There are always options though. Here are a few to consider:

Get a business partner with funds to invest. There are plenty of people out there with money but no ideas for investing it.

  1. Investigate government initiatives. The government offer numerous financial incentives to entrepreneurs. There could very easily be something in your area, sector or situation.

  2. Try Crowdfunding. Very easy to try out online and there have been some major success stories. Yours could be next.

  3. Charge Up front. Insist on your customers paying in advance for your product or service. Not always possible, but it will depend on the market.

  4. Keep your job. Working part time on your idea while retaining your job is tough, but it can provide funds for that difficult start up period.

  5. Strike a deal with suppliers. If you can get your suppliers to give credit, it will help get over the initial cash-flow problem. They will only do this if they expect you to become a significant customer though.

  6. Get a loan. Family is probably the best place to start with this.

Quote Of The Day

“Failure defeats losers, failure inspires winners.”

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 Robert T. Kiyosaki

Alternative Quote Of The Day

“I don’t need you to remind me of my age; I have a bladder to do that for me.”

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Stephen Fry


It’s Been A Good Month For…

Tim Cook – The Apple boss has upped his net worth to $1bn. Although Cook did not found Apple, since 2011 he has helped grow the tech company to a market capitalisation of over $2trn.

MacKenzie Scott – Philanthropist, author, and ex-wife of Amazon boss Jeff Bezos, MacKenzie Scott became the wealthiest woman in the world last month. Her net worth rose to $68bn after she received a quarter of Bezos’s Amazon shares as part of their divorce settlement in 2019. Back then, they were worth a mere $35bn.

Diamonds Lovers – Petra Diamonds has unearthed five big high-quality blue diamonds from a South African mine that yielded two Crown Jewel sparklers a century ago. Finds of such top-notch blue diamonds are too rare for even statisticians to value.

IT’S BEEN A BAD MONTH FOR …

Art Forgers – Spanish police seized four fake Modigliani paintings that an auction house was trying to sell for £8m. The fakes disappeared 52 years ago, but resurfaced recently and were passed off as originals. Modigliani is deemed by experts to be among the most forged artists.

Wetherspoons – Brexit-loving pub brand Wetherspoons is ruing the government’s rules, with the Rule of Six and orders to close at ten pm hammering the cut prize boozer. Even before the new measures came into effect, sales were down a hefty 22.5 per cent on last year. Wetherspoons is likely to continue to underperform until the pandemic truly ends.

Novak Djokovic – The tennis player’s meltdown at the US Open — where he was disqualified and handed two fines after thwacking a ball at a line judge — cost him $17,500, plus technically a loss of $250,000 if he had won the game and advanced. Djokovic won’t be rueing his temper too much though, his career earnings top $143m, and he was the highest-paid athlete on Forbes 2020 rich list.

Yusaku Maezawa – The Japanese billionaire lost £32m attempting to day trade stocks. He later admitted that he hadn’t sufficiently familiarised himself with day trading.

Today’s National Day

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NATIONAL JOB ACTION DAY!

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You Can Do It – Probably!

Henry Ford once said: “Whether you think you can, or you think you can’t – you’re right. ”There’s a great deal of truth in that, but it has to be tempered a little if you’re to avoid chasing pipe dreams.

If someone of similar background and abilities has already done what you hope to achieve, then, of course, you know you can do it. That’s why finding appropriate mentors and role models is important – more about that elsewhere. But, if it hasn’t been done already, the jury is out and you have to make an appraisal of whether what you want to do is realistic.

It would be wrong to talk down your prospects here – you are capable of far more than you can imagine – but as anyone who has ever watched a TV talent show will testify, there are far too many people chasing ‘goals ’which will never come to fruition.


In truth, there are very few areas where talent puts in place an immovable barrier – entertainment, sports and music spring readily to mind – but unfortunately these are the areas where unrealistic aspirations tend to flourish. The good news though, is that very few career or business paths require innate talent or skills that a determined and motivated person can’t learn. Though, as Henry Ford recognised, even the most realistic goals will wither in the face of a lack of belief.

Kind Regards

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John Harrison  

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Gobbling Profits

Global investors are showing greater interest in alternative proteins, such as plant-based substitutes and lab-grown meat, as the climate impact of agriculture and food production comes under the spotlight.

Environmental experts have started to highlight the impact of agriculture, especially the intensive livestock sector, on rising greenhouse gas emissions as well as land and water use and deforestation. The world’s food system, including agriculture and land use, accounted for 25 to 30 per cent of emissions from 2007 to 2016.

The good news is that new food technologies are emerging and becoming profitable. These disruptive technologies are starting to have an impact on the world and on portfolios, from meaty meat-free burgers to sustainable livestock management and organic growing.

The successful flotation of plant-based meat substitute group Beyond Meat earlier this year has also highlighted investment opportunities in alternative proteins as a way for food companies to be part of the solution. Plant-based proteins, including meat and dairy, are also seeing high demand from consumers, partly for health but also because many environmental specialists believe a change in diets can mitigate the effects of greenhouse gas emissions. Analysts forecast that alternative proteins are not just a fad.

Quote Of The Day

“To win without risk is to triumph without glory”

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     Pierre Corneille 

Alternative Quote Of The Day

“I took the wife’s family out for tea and biscuits.They weren’t too happy about having to give blood though.”

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Les Dawson


Aquaculture, precision farming, and food-testing technologies are all areas to watch. Urban circular farms are sprouting up everywhere. The fresh-produce outputs of these industrial farms are expensive, but the technology used to produce them is hugely efficient, and valuable. Food flavouring — products mimicking the taste of harmful foodstuffs — is booming. Sustainable packaging is also touted as a growth sector. 

Various exchange traded funds invest in these areas, but angel investing in potentially lucrative start-ups in the sector could also mean big profits.

While investors have long included global agribusinesses or food manufacturers in their portfolios, their interest in the mucky business of farming is increasingly focused on assets that advance two critical global goals: increasing food security and tackling climate change. Last year, for example, the agri-food technology sector — whose innovations often contribute to more efficient and sustainable forms of food production — attracted almost $20bn in venture capital.

Venture capitalists and private equity firms see an opportunity to take a stake in enterprises that are not only increasing food security or tackling climate change but may also become highly profitable — benefitting from green government schemes. Investing in small and medium enterprises, not just big global companies, could mean big bucks in the long term.

Today’s National Day

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NATIONAL FRANKENSTEIN FRIDAY DAY!

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Don’t Ignore Gold

Gold has been a shining star in a dazzling year for the exchange traded product industry. Record inflows into gold exchange traded funds propelled the price of the precious metal to an all-time high last month in a rally fuelled by concerns about the huge cost of emergency responses to the pandemic. What started as a flight to safety has evolved into the means by which investors are trying to salve their wounds with respect to potential future inflation.

Investors have spent $49.1bn buying gold ETFs so far this year, pushing the value of holdings in these vehicles to $239bn. There has been a 26 per cent rise in the gold price so far this year, as investors jump on the bandwagon in anticipation of further gains. Advocates of gold remind sceptical investors that it outperforms fiat currencies over time.

Warren Buffett always mocked those who invested in gold, calling it a way of going long on fear. This year, however, Buffett joined investors including the world’s largest hedge fund, Bridgewater Associates, by buying into the latest gold rush, which helped push prices to a record high this summer.

The pandemic has convinced investors that gold belongs in their portfolios as a hedge against frothy equity markets, rock bottom interest rates, and a fall in economic output. Some large investors want gold as protection against possible deflation caused by an economic slowdown or a converse rise in inflation as governments pump money into the system.

Quote Of The Day

“Life is like riding a bicycle. To keep your balance, you must keep moving”

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 Albert Einstein

Alternative Quote Of The Day

“Money can’t buy you happiness, but it can buy a yacht big enough to pull right alongside it.”

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David Lee Roth


With the extremely messy-looking upcoming US presidential election and no current end in sight for the pandemic, Mr Buffett’s change of mind on gold may not be a bad bet in a world gone mad. Covid cases are on the rise, governments are starting to panic, and economies are facing down the barrel of second lockdowns. All in all, it signals a perfect storm for gold: there is just too much uncertainty in the world to ignore its benefits.   

Gold is always useful as a diversifier for your portfolio. It’s unusual in being an asset that goes up, or at least holds its value when bad things happen (and, if you hadn’t noticed, bad things are happening and more bad things are sharpening their claws just over the horizon), whilst most other assets go down. 

Early last month, a team at Bridgewater (the world’s biggest hedge fund group) put out a short and very bullish report on gold. They point out that we’re in a world where politicians and central bankers are under pressure to print and spend money. When this has happened in the past, gold has enjoyed massive rallies that dwarf its recent run.

Gold’s lack of yield (it pays no income) is less of a problem when financial assets are offering so little. You can’t complain about gold paying 0 per cent when a significant proportion of global bonds actually charge you to own them. It’s clear that there’s a desire to hedge against financial chaos and/or potential runaway inflation out there. And history shows that gold is one of the few assets that does an acceptable job of hedging against those things. At the moment, gold is shining like never before.

Today’s National Day

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NATIONAL CAT DAY!

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