Brent McClure

Trusted Business Advisor | Consultant | Speaker | Creative Thought Leader | Financial Executive | Board Member | Lifelong Learner

[Brent McClure @LBMCPA]

All leaders are mangers, but not all managers are leaders
#leadership #leadershipdevelopment #management #SMB

[Sam Parr @thesamparr]

A lot of top bankers in 1929 made the equivalent of $100M a year working 6 hours a day.

I just read this in Andrew Ross Sorkin's new book, 1929.

- One guy's routine was wake up at 6, workout, get to the office by 10, and home by 5.
- Another took the whole summer off in Europe. The boat ride was 3 weeks each way.

I’ve read about other examples of super successful people like this. Andrew Carnegie barely worked, Ted Turner (who built CNN) would disappear 3 months at a time to race sailboats professionally.

But then today we see a lot of people talking about how hard work is necessary to do great things.

They likely grinded to get there. But it's important to know what season you’re in.

Don’t compare your spring to someone else’s summer.

There are seasons to grind, and then there are seasons to rest.

[Amanda Goetz @AmandaMGoetz]

The thing no one wants to hear:

If you want to level up your life,

you’re going to have to shut a lot of “decent” doors.

Decent opportunities.
Decent friendships.
Decent partners.

Be willing to close decent doors to seek something greater.

[Chamath Palihapitiya @chamath]

What I Read This Week…

The Federal Reserve is expected to begin cutting interest rates starting this Wednesday.

There's debate about whether the Fed will start with a standard 0.25 percentage point cut or a more aggressive 0.50 point cut, with recent market pricing showing increased bets on a larger initial cut.

The Federal Reserve cutting interest rates this week is significant because it marks a turning point in monetary policy after a period of aggressive rate hikes.

What is more important than the size of the first cut is the pace and extent of rate cuts, as well as the expected terminal rate at the end of the rate-cutting cycle, as these factors are ultimately what impacts long-term borrowing costs for businesses and consumers.

Rate cuts have an outsized effect on our economy – not just technology and venture capital, but stock and bond markets, as well as currency exchange rates, other central banks' policies, and international capital flows.

[Amanda Goetz @AmandaMGoetz]

Everyone talks about the highs and lows of life, but I’ve found the secret to long term success is neutrality.

So much energy goes into extreme highs and lows.

But as a 2x founder, I realized riding those extremes like a roller coaster was the fastest path to burnout.

Think about it:

When something is uncomfortable,
do you look for immediate relief?

What if you knew the thing would be hard and expected it.

Embraced it.

I’m not saying to push past your boundaries but I am saying that everything I’ve ever navigated was best done through a neutral lens.

When something happens today that would send your former self into full “drop everything and text someone” mode

As yourself this:

Is this thing actually urgent?
Is this thing actually significant?

Will it matter in 10 mins?
Will it matter in 10 weeks?
Will it matter in 10 years?

The power of emotional neutrality can be harnessed as a superpower.

[Daily Stoic @dailystoic]

This is the best revenge.

[Amanda Goetz @AmandaMGoetz]

I can assure you the person watching what you are doing and saying it looks easy will never try doing it.

[Amanda Goetz @AmandaMGoetz]

Companies can’t hire high performers and entrepreneurs to drive innovation and then put them in legacy systems, orgs and politics.

If you want innovation:

➡️ Hire high performers & entrepreneurial minds
➡️ Give them a north star goal
➡️ Give them resources
➡️ Remove constraints
➡️ Squash triangulation and encourage debate
➡️ And get out of their way

When you hire a high performers - they will level up your business....

...if you allow it.

[Sahil Bloom @SahilBloom]

My Anti-To-Do List

(15 things I want to avoid on a daily basis)

1. Do not complain about anything.

If the thing is within your control, then go do something about it. If the thing is out of your control, then it's just a waste of energy to complain about it.

[Brent McClure @LBMCPA]

@bradleyflowers 💯 %

[Amanda Goetz @AmandaMGoetz]

For the last few years I struggled to feel like I’ve got a community to do life with in Miami.

Last night I had a dinner with 15 amazing humans (some close friends, some tertiary friends, some internet friends and some new friends)

And it hit me.

I have to stop trying to delegate this responsibility to someone else.

If I want community, I have to put in the work to build it.

Victim mindset is a slippery slope and social media can add oil to the path.

Host a dinner
Invite people to a show
Create a game night
Plan a BBQ

TL:DR Send the invite.

Take back agency over building friendships and community.

It’s so worth it.

[Carl Quintanilla @carlquintanilla]

GARZARELLI CAPITAL: “.. Soaring money supply growth during Trump’s term caused double digit inflation later on. Money supply has declined under Biden leading to disinflation. ..” #M2

[Marc Benioff @Benioff]

Happy Good Friday! How wonderful beautiful, diverse, and interconnected our world is. Each piece, unique yet part of a spectacular whole. ❤️

[Tim Ferriss @tferriss]

Life punishes the vague wish and rewards the specific ask. After all, conscious thinking is largely asking and answering questions in your own head. If you want confusion and heartache, ask vague questions. If you want uncommon clarity and results, ask uncommonly clear questions.

[Jesse Itzler @JesseItzler]

Always true. #livingwithaseal

[Morgan Brennan @MorganLBrennan]

The agriculture cycle is turning - crop prices falling - which means less demand for farm equipment.

I discussed this w/ @CNHIndustrial CEO Scott Wine post-earnings, and will ask @JohnDeere CFO Josh Jepsen about it today @CNBCOvertime
$CNHI $DE
https://t.co/IARmt7L2fu

[Amanda Goetz @AmandaMGoetz]

Stop showing me the people working all day and night….

and start showing me the people who prioritize ruthlessly so they can take care of themselves and their relationships.

[Morgan Brennan @MorganLBrennan]

Words to live by.

[Jesse Itzler @JesseItzler]

Coaches matter… A LOT

Whoever coaches you… or mentors you will not be in every meeting, at every race, on every phone calll. Their job is to help you to THINK DIFFERENTLY so you can succeed on your own.

[Chamath Palihapitiya @chamath]

You can’t make this up:

1) Byju’s raises billions from every name brand investor you can think of and becomes valued at more than $20B to disrupt the education system - first in India - and now globally

2) They use the money to go on an M&A spree - a hard strategy for any company to do well let alone a fast growth tech company

3) In June their auditors quit and three board members resign

4) A creditor sues them to get $1.2B back

5) Now it turns out they may have transferred $533M to a hedge fund run by a 23 yo whose 2020 SEC filings listed an IHOP in Miami as their office address

https://t.co/BoTbmL3QUr

[AL.com @aldotcom]

“Jimmy passed away peacefully on the night of September 1st surrounded by his family, friends, music and dogs,” a statement read. https://t.co/chw2SQ2gB7