Knowledge Without Implementation Is Meaningless

Welcome back everyone!

I hope you are all having an awesome summer. Before we get into it, I have a very exciting announcement to make. This week, both Treyton and I were named top 100 advisors by Investopedia, something neither of us expected to get but are so honored. It is one of the top awards in the industry! You check out the full article here .

Anyways, let's get into it.

“Education without implementation just leads to smarter people doing the same dumb things.” I saw this quote on twitter from Jamie Hopkins who I really admire and thought it would be great to share with you all.

We live in a world today where every bit of information is at our fingertips. You can find any idea that will either confirm you are right or that someone else is wrong. We almost have too much information in front of us these days.

Value does not come from knowing the information alone, it comes from actually implementing the knowledge we are gaining. It's the hard part of life.

I always love the quote “if all you needed was the information, everyone would be a doctor and have a 6 pack.” We all know most of the things we need to do, yet we do not do them. What we really need is a system to execute and put all the information together into a way that leads to better results.

As you go about this month, think about what quality information you have learned. The key is to not stop there, come up with a way to implement this new education.

Maybe you learned how to reverse budget. Well, how do you actually start doing this on a month to month basis that leads to more saving and investing.

Maybe you learned that you need to start eating more protein and less carby snacks. Well how do you actually do this in an easy way that leads to you staying on track?

Take the information you are learning a step further than you have been! Implement it and improve your life!?

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Finance Term of The Month

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Content Picked Just For You

Lies You Have Been Told About The World

This was a super interesting post to me from one of my favorite creators, Sahil Bloom. It will get you thinking for sure!

Strategic tax planning for business owners who have children

Tax planning is one of the easiest ways to save a ton of money, and business owners have a unique ability to do it the best out of anyone. This one helps you understand how to pay your children and lower your tax bill!

10 Critical Investing Lesson I Wish I could Teach My Younger Self

We all make tons of investing mistakes in our lifetime. Brian talks through the bigs ones he has made in his life. I hope you can learn from him and avoid these big ones.

A 5-step formula to 10x your copywriting skills

Good copywriting is the difference between converting prospects and getting their attention vs not. Justin is one of the best out there and you can learn a ton from this thread.

“I made $37,000 in the first month of selling my ebook. But I almost made a $10,000+ mistake”

One of the better threads I have read in a minute. Nathan is the CEO Of convertkit and puts out awesome info. This is a great one to read and learn from for anyone who sells services, does courses, etc. Give people more choices!?

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A Few Takeaways For The Month

1. Spending more money during the summer is a reality most people face. Spending is not always the same throughout the year. Do not beat yourself up for this, but you should plan for it. Look to save more during periods of time you do less, and save less when you are doing more. You have to live your life!
2. Inflation is hitting homes hard right now. If this is you, go through your cash flow and budget. Sort your spending by most valuable to your life all the way down to least valuable. If you need to cut costs, start with the bottom. This should be the easiest to cut as it will impact your life the least.

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Jobs

Purpose Jobs - Purpose Jobs helps connect people based on their values and interests, with start-ups across the midwest. Here are some of the openings they have right now. Follow this link to apply if you are interested in any.

• RocketReach is hiring a Fullstack Engineer and 5 other jobs - remote
• KLA is hiring a Digital Communications Specialist , Business Intelligence Data Analyst , Lead Algorithms Engineer , Logistics Shipping Coordinator and 50+ other jobs - Ann Arbor
• Aware is hiring a Product Design Manager and 4 other jobs - remote
• Livegistics is hiring a Sales Development Account Manager - remote/Detroit
• Loop is hiring a Sales Engineer and 3 other jobs - remote

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This Month On The Long Game and By Treyton DeVore

• 5 Moves To Consider Making During This Extreme Volatility With Crypto
• 5 Costly Mistakes Millennial Founders’ Make
• 5 Areas to Focus On Financially That Actually Move The Needle
• What is an Estate Plan and Why Is It A Must Do?
• The Long Game Podcast - Why Bitcoin Isn’t Dead With Isaiah Douglas and Morgen Rochard
• The Long Game Podcast - The Case for Private Investments With Samuel Deane
• The Long Game Podcast - Playing The Long Game With Content
• The Long Game Podcast - Inside The Life of a Full-Time Creator With Nichole Casperson

And a quick reminder, we still have some slots left for our new service model "one meeting, one plan." You can book from here.

However, if you want to work with me ongoing, you can book a free first meeting here. I currently have a waitlist but will bring on some new clients again in September.

Let me know what you end up implementing and how it goes! You got this.

- Thomas Kopelman?