Tips for Using Finviz Stock Screener to Find Undervalued Stocks

Using a stock screener can help you find stocks that meet your search criteria much faster than browsing news about companies. Finding these stock picks requires you to have some knowledge of how the trading world works. Finviz is invaluable because it highlights hidden gems that may have otherwise gone unnoticed. Understanding how to use Finviz and Finviz Futures to find hidden gems will help you feel more in control of your investment ideas. Let’s take a peek at some of the best ways to use Finviz.

Finviz Offers Both Fundamental and Technical Screening Criteria.

Finviz is unique in that it offers both fundamental analysis and technical analysis criteria. This feature means you can see which stocks are trending as a potential undervalued gem, but you can also look under the hood at the company’s balance sheet to see if the pick makes sense. Fundamentals should always be taken into account before you trade and Finviz makes that easy.

Tips for Setting up your Screener.

When it comes to setting up your stock screener, there are a few tips you should follow. For picking stocks with a cursory look at their fundamentals, you should be going for settings that estimate EPS growth through the next five years as positive with a debt/equity ratio under 1. You don’t want to invest in a company that has taken on too much debt, as it could be an early warning sign that the company is not managed correctly and could lead to trouble down the road. Technical indicators like SMA20 above SMA50 and SMA50 above 200 are perfect for finding stocks that are trending upwards over a long-term period. Another good technical indicator for your stock screener is looking at stocks that are close to or near their all-time high. Stocks that are within a few percent of their 52-week highs tend to trend higher.

Bring Everything Together

Since Finviz allows you to search fundamental and technical data within one search, you can find stocks that meet your criteria. You’ll typically be limited to just a few stocks that match your search criteria, which is perfect for day traders and swing traders. Each tab on Finviz holds the relative data, so make sure you’re looking at both the fundamental and technical tabs to get a full picture of how the company is performing. For traders who need to look at IntraDay data, Finviz Elite offers that with real-time search results. The price for Elite can be worth it if you plan to make your money through investment. Finviz data can be divided up into tabs with charts at the forefront, so you can watch the handful of stocks that have been screened for you in real time. Using a stock screener to find picks is the best way to find an undervalued stock that can turn a profit when you trade. You won’t always have success with your stock screener assisted picks, but your success ratio should be higher than your loss ratio if you’re not doing risky investing.

Government negligence pushes Allan Endresz to take drastic measures

Albury’s well-known businessman Allan Endresz has been in a legal battle against the federal government for quite some time. After submitting a colossal damages claim against the ACT Supreme Court and dealing with frozen assets from 1999, Endresz has resorted to drastic measures.

The battle began when one of Endresz’s accountants David Muir – a government consultant, transferred $6 million from a gold mining company, formerly known as Hallmark Gold (now TNG) to another company known as CTC Resources NL, whom Endresz’s parent’s owned.

Later Muir transferred another $2.275 million to Davis Samuel who was in business with Endresz. Muir was later tried and convicted for the embezzlement of $8.275 million. Endresz explains that he had accepted the money from Muir in good faith, as he had no part in the embezzlement and was not aware that the money was not a bona fide investment from the government.

He agrees that the funds should be returned to the government but argues that his affairs were victim to the embezzlement as well.

After nearly two decades of dealing with the government and this lawsuit, Endresz has been pushed to take drastic measures through this legal battle. He hopes to recover AU$60 million through the current court action taking place. This would cover the original grants, as well as interest.

Endresz knows there are things he could’ve done differently to avoid these issues. In hopes that others can avoid finding themselves in his situation, he addressed what he could have done differently.  He says that he “could have engaged more with his advisors/consultants, ensured a higher level of asset protection, cultivated a more strategic business plan and put business processes in place from day one”.

While we wait to hear the outcome of the legal action, all we can do is learn from Endresz’s experience and be more aware of possible government negligence that could take place.

If you can only Spend Marketing Budget on One Thing (Do This)

Knowing how to spend your yearly marketing budget can be difficult. Not only do you have to compare different options including these 5 Crazy Effective Ways To Spend Your 2019 Marketing Budget, but you also need to consider which will have the most significant impact on your business today and years from now.

While there are many options to choose from, if there’s one that you need to consider strongly then it is search engine optimization. Search engine optimization otherwise known as SEO is the process of optimizing your website and your digital presence so that you appear at the top of the search results.

The result of this is that when people search on Google and other search engines, your web pages will appear near the top. As a result, more people are likely to come to your website, where you can market to them and convince them to become customers.

Sounds great, doesn’t it? Plus, while paid traffic and advertising only last for as long as you are paying the cost of the ads, search engine optimization can last for years to come. For this reason, it’s one of the most highly recommended methods of generating traffic among digital marketing experts.

What is SEO?

Search engine optimization is complicated, but it can be distilled down to two separate sections. The first is the content on your website, while the second is your off-website presence. What this means in principle is how often you’re being referenced around the web through links, in practice this means which websites are talking about your company.

Google and the other search engines want to rank the very best content for the users to give them to the most superior experience possible. To achieve this, it’s essential for them to look at the content on your website, to analyze it and to estimate its quality. Doing this is very challenging, which is why they use links from other sites as a rough estimate for the popularity of your pages.

How to Rank Higher

The idea behind this is that the highest quality pages will get the most links from other trust worth pages which is why Google chooses to rank the highest. To benefit from this, your companies should want to spend money wisely on content for your website including articles, sales pages, and blog posts.

Similarly, you need to invest in public relations and digital marketing so that your company can have a greater media presence. By doing this, you’ll ensure that more websites are linking back to your site which Google will treat as a quality signal, therefore improving your rankings.

Why SEO is Superior

Studies suggest that over 90% of people who use the web find websites through search engines. For this reason, it’s the most critical marketing tactic in the entire world. If you’re not using search engine optimization, then it’s very challenging for new potential customers to find your business. SEO can be thought of like the modern-day Yellow Pages, and without it, your company is falling behind your competitors.

While ten years ago it could have been considered a nice to have marketing tactic, today it’s the bare minimum that you need to run a company. Without it, you will be forced to rely on word-of-mouth marketing and referrals to generate new customers, which are far less reliable and effective methods than SEO.

The reason why search engine optimization is the one thing that you should do if you had to pick any single marketing tactic, is because it utilizes Google and other search engines which are the most popular websites in the entire world. While a large percentage of the adult population uses social media networks like Facebook and Instagram, almost everybody uses search engines.

For this reason, search engine optimization is the superior tactic when compared to social media marketing. Similarly, paid traffic such as Google ads is an effective way for you to increase brand awareness, but it’s costly and only delivers results while you continue to pour more money into the system.

Search engine optimization is a true investment because it continues to payback long after you stop investing in it. The same cannot be said for other marketing tactics, and therefore if you were to pick one, the logical option would be search engine optimization. Many experts believe that it is the most cost-effective solution for small businesses to generate new leads while simultaneously expanding brand awareness, which is why it’s becoming a more popular tactic than ever before.

Want To Save Your Company Money? Employees Should Avoid Dangerous Intersections

Every year businesses try to find ways to keep their costs low while increasing productivity and efficiency. If you’re a business owner in the Vancouver area that has employees that travel while on the clock, you may be able to save money by simply encouraging to explore alternate routes.

Why It’s Important To Avoid Some of Vancouver’s Most Dangerous Intersections

In the Vancouver area, there are five intersections that are notorious for being the most dangerous intersections in all of Canada and the intersection at Knight Street and SE Marine Drive has even made some international “Top Ten” lists for the worst intersections. With over 1,300 accidents in a four-year period, ICBC names this intersection the most hazardous.

Even though every intersection has the potential to be dangerous for the thousands of motorist who enter and exit them every day, the most dangerous intersections in Vancouver are due several contributing factors like speeding, the failure to yield to the right of way, and even drunk driving. Traffic congestion also plays a significant role in accidents at some of these busy intersections.

So while it may be difficult to avoid some of the worst intersections, here are some reasons why they should be avoided, particularly if you are a business owner

Keeping Your Employees Safer

Whether your employees are commuting to and from work or travel while on the clock, the safety of your employees is important. If an employee is involved in an accident during their commute, they may be late to work or sustain injuries that force them to stay home from work.

If you have an employee that drives for the company or travels while on the clock, an accident may result in injuries that require that you need to file paperwork and claims with Workers’ Compensation.

In the event that your employees are involved in an accident, regardless if on the job or on the way to work, missed days from work can affect productivity, efficiency, and other costs.

Saving Your Company Money

When you discover alternate routes, which avoid some of the most dangerous intersections in Vancouver, for your employees to take while on the job, you can reduce company costs.

Consider some of the contributing factors associated with accidents at intersections. Traffic congestion not only increases the risk of accidents, but it takes motorists longer to get to their destination. If you have an employee driving while on the clock, you may need to end up paying them for overtime.

When your employees take the safer alternate route not only are they less likely to be involved in an accident, but you can save money by not spending money on vehicle repairs or even a replacement. Even if you have good insurance, there’s no guarantee that all costs will be covered.

Additional Tips

While avoiding dangerous intersections can help keep your employees safer and save your company money, you can take additional steps to ensure safety and keeping costs low. Always hire employees with a good driving record and who can drive defensively. You should also provide adequate training and encourage safe driving incentives.

5 Ways Business Owners Can Save Money on Their Websites

Every business owner understands the importance of creating a website. It allows you to capitalize on potential customers in ways that you wouldn’t be able to otherwise. However, if you’re already running a cash-strapped business, starting a website might not be at the top of your priority list.

Still, contrary to what you may believe, it’s more than possible to launch a website on a budget. In fact, if you’re very cash strapped, you can get your website up and running for under $100. If you want more flexibility, $200 can more than cover the job. With that in mind, here are five ways to save money on your website.

1) Opting for Shared Hosting

If you’re running a relatively new business, then a shared hosting setup would do. Shared hosting is the cheapest hosting option available, and can save youa few bucks each month, which certainly add up if you’re a business owner on a budget. With shared hosting, you share your resources with other websites on the server.

“Shared hosting is a lot like living in an apartment building with a courtyard, garden or pool that is also used by your neighbors,” says DreamHost. But, as DreamHost advises, you aren’t at risk by sharing those resources, which are more than enough for new and growing business owners. You can always upgrade to a virtual private server later down the line.

2) Utilize Freelance Platforms

Freelancer platforms like UpWork and Fiverr make it easy for business owners to connect with potential freelancers who can work within your budget. You can set your budget for a range of services you’ll need for your website, like logo design, copywriting, graphic design, and much more. For as little as $5, you can get the most basic services completed quickly with good quality. Browse through an extensive list of profiles that you can filter by skills, ratings, service charges, and more, and check out different profiles and reviews.

3) Use The Right Platform

Choosing the right platform to build your website can drastically change what you spend on your hosting each year. For example, WordPress is the most popular option, and can cost as little as $6 per month. However, many new business owners are also also attracted to other appealing options like SquareSpace (which costs $26 for a business monthly plan).

You also have to consider functionality and design. You can find hundreds of WordPress themes for free, and even premium options that are cost-efficient. SquareSpace templates, on the other hand, are limited and more expensive. While there’s certainly nothing wrong with working on a platform like SquareSpace, when it comes to building a website from the ground up on a budget, you have to consider your choices carefully.

4) Take Advantage of Support & Online Tutorials

While you can always pay for help when you need it, you’d be surprised at how much you can actually learn online. Instead of jumping to professional help at every turn, research the help you need and try to figure it out before you pay for it. Not only will this help you learn something new, but it will save you some money in the long run. YouTube is a great starting platform for this. Something as simple as “How to add my logo to the address bar” can be solved with an article or online video. Even more complicated areas that involve changing a bit of code will be less complicated than previously thought.

Another area you want to take advantage of is the support teams of the services you use. For example, your hosting company will be happy to help guide you in the right direction when it comes to something like switching your domain from a previous provider or increasing server requirements.

Similarly, if you’re using WordPress and have purchased a theme, that theme typically comes equipped with support that will be invaluable as you design your site.  A great theme support team will be there to answer any questions you have about creating your site using their theme design, and will often request your login credentials so they can go in from the backend and make custom adjustments for you.

5) Use Drag & Drop Plugins

WordPress drag and drop plugins are the perfect way to help you save time—and money. If you aren’t technically savvy and don’t want to invest too much into learning a platform, using plugins can help you do the job. Easily create blocks of texts, slideshows, drop widgets, and add icons and images in just a few seconds. Beaver Builder, Elementor, and Divi are just a few of the more well-known builders. Check out each to see which works for you.


How to Enhance Productivity by Improving Communication

Workplace communication is essential to achieving your business’ goals. After all, communication, taken as it is, fosters relationships and ensures greater productivity—that is if implemented properly in the workplace so it’s not a source of conflict

According to UK-based business solutions provider Bluesource, at least 85% of employees use more than one communication device at work. Companies also invest in effective communication technologies not just to enhance communication in the workplace, but also to connect to their audiences either through inbound or outbound means.

All of this moving communication needs structure to be efficient. With social media and mobile apps being added to the mix, it’s all the more important that you have a plan in place that allows these channels to work for you instead of against you. Here’s how to begin.

  1.  Set up platforms for anonymous feedback

Look inwards and to one challenge that many modern businesses are encountering today. Of course, we’re talking about openness. A healthy workplace has to promote the free flow of conversations that have implications on the bottom line. When what the employees are saying publically is different than what they’re expressing privately, it could lead to confusion.

Still, many employees are reluctant to voice out their concerns and issues for fear of being ostracized or sanctioned. Seeing that feedback is an essential part of your operations, you will have to provide your employees with a platform for recommendations. For this, you may as well set up an anonymous employee feedback app. This allows you to track your employees’ engagements and identify issues that you may want to address from the get-go.

  1.  Hold meetings less frequently

Business meetings are a key ingredient in modern corporate culture. The results of these meetings will depend on the quality of the discussions, and not on how frequent you will be holding them with your staff.

One thing’s for sure, if your company maintains a text or IM-based communication model, it’s best not to hold meetings more often than you should. Meetings are known especially for killing productivity since they eat up time for more important activities. Holding meetings too often can also reduce employee morale. That being said, it’s important to limit the number of meetings per week.

You may want to call for a huddle as long as it touches on an important and urgent agenda. Invite only the people who have input on the decision and make the goal of the meeting very clear. Otherwise, it will be much more practical to just create an online group where you can communicate with your staff without entirely interrupting their workflow.

  1. Use productivity apps and cloud services

Along with business phone systems such as VOIP for effective customer outreach, you will also need to adopt new technologies that can streamline internal communications to ease up obstacles that are in the way of your staff. This is best done through the use of apps and cloud services.

Apps such as Trello, Keep, and Taskworld are specifically catered towards organizations handling long-term projects. These apps provide for the creation of shareable checklists and feature real-time updating. Your department staff will be able to work seamlessly and are informed of the progress of the work being done.

Cloud services such as Dropbox and Google Apps are also helpful since they allow files to be transferred, shared, and edited freely by anyone in your team. With Google Apps, on the other hand, you can use a chat feature for instant feedback.

How Wearable Technology Is Being Used To Address Injury On and Off the Field

No pain, no gain. This is the mentality that plays throughout elite sports and in American culture, where progress is everything. On elite sports teams, athletes are pressured to play through the pain and to perform at their best for the good of the team. In the workforce, employees are also pressured to work through the pain. After all, their paycheck depends on it. While pain comes to us as a messenger, we often choose to ignore its signs, until the pain becomes too severe to ignore.

Workplace Injury

In the workforce, manual holding injuries have become a growing issue across a number of industries. In fact, chronic disorders caused by unsafe work practices are one of the leading causes of time taken off in the developed world. The amount paid in compensation for work-related injuries costs billions each year. And what’s more? Our employee’s safety is on the line. Despite our efforts to improve health and safety in the workplace, we have seen very little progress in the past five years. The issue is, our solutions are too subjective. Traditional ergonomic workplace assessments do little for our hurting professionals because, in reality, they do not paint a full picture of the movement strain they are subjected to each day.  

Sports Injury

The problem in elite sports is knowing when the time is right. If a player gets back on the field too soon, the risk of further injury increases dramatically. Soft tissue injuries, muscle sprains, and joint problems are among some of the risks that come with re-entry. According to the American Orthopaedic Society for Sports Medicine, there are several factors that contribute to the risk of future injury. Studying the likelihood of tear after a repaired ACL injury, it was discovered that age, level of activity, and type of graft determine the risk factor. Although, the most important conclusion was that education is key. “With better education about adjustments that can be made, based on these risk factors, patients may be able to minimize re-tears,” said Christopher C. Kaeding, MD of the Ohio State University. Neglecting pain and the body’s need for healing will ultimately exacerbate the pain in the long run. Although, with the right information and the right tools, athletes may make better-informed decisions and return to the game when they are truly ready.

Guiding Prevention With Wearable Tech

It all comes down to prevention. Given the innate impact of technology, more opportunities are being created for injury education and prevention. One such example is wearable motion sensor technology, dorsaVi. With a solution like dorsaVi, organizations now have an objective tool to quantify data from the workplace and indicate the risk of an individual’s daily reality. Combining wearable motion sensor technology, sophisticated logarithms and objective video footage on site, the wearable is able to pinpoint risk in repetitive or sustained movements as well as static postures. DorsaVi has joined the forces of leading global businesses to incite policy changes and ROI that can be quantified through positive impact. Working with Heathrow Airport, dorsaVi’s unique technology contributed to:

– Reduced strain on shoulder muscles by 67%

– Reduced strain on back muscles by 88%

– Increased use of manual handling aids by 60%

– Reduction of manual handling injuries by 53%

In the elite sports arena, the wearable’s objective data has also quantified progress in injury identification, training and rehabilitation. According to Megan Connell, Chief Marketing Officer of dorsaVi, “The precise dorsaVi sensors provide information that previously couldn’t be collected outside a biomechanical lab such as the kinetic forces impacting different parts of the body and how and where the injured body is compensating.”

DorsaVi’s Professional Suite consists of three core assessment modules: Low back, run and knee. Addressing movement data from these common pain points, dorsaVi delivers accurate insights that can be applied throughout an athlete’s journey. And while the solution has been used by the world’s leading sporting teams and Olympians, its data has been made accessible to almost all Physical Therapists, Chiropractors, and other clinicians. Because for dorsaVi, its all about giving individuals the right tools to succeed.

The preventative power of the technology is a crystal ball of what’s to come in the wearable space. What we’re seeing is that movement data is not only for world-class athletes. Optimum performance is relevant to everyone. No matter if you’re a gold medallist or an everyday champion, we may all take it upon ourselves to protect our health and lead the most active and fulfilling lives we possibly can, with the treasure trove of insights now available to us.

Driverless Cars – All you Need to Know

Not too long ago, the concept of driverless cars was only a dream, or the sort of thing movies are made of. But in the past few years, this dream has been getting closer to reality.


Driverless cars are not exactly a new concept; they have been long in the making and were spearheaded by General Motor’s 1939 exhibit called ‘Futurama’ which was showcased at New York World’s Fair, effectively laying the groundwork for what would be today’s autonomous vehicles.

Since then, many driverless car concepts have been tried out various times, but they all happen to fall short of technical expectations. It is only recently, due to advancements in technology, that self-driving cars have been able to overcome their three main engineering challenges: sensing the immediate environment, processing the information, and reacting accordingly.

These advances have made the reality of driverless cars even more real and closer than ever.

There is almost daily news of new developments in the search for the perfect driverless car. Virtually every self-respecting car manufacturer, car sharing service and even tech companies such as Apple and Google have caught the self-driving car bug. In fact, Google has plans to see their self-driving car sharing service on the road before the end of 2018, while Apple’s self-driving car can be seen on several occasions driving down the road carrying self-driving equipment. Even top car sharing company Uber has revealed that it is in talks with Google to see about adding Google’s self-driving car (Waymo) to their fleet of car sharing, self-driving vehicles.

Even though the development of self-driving vehicles is still plagued by challenges, the future appears bright, and it is expected that 2035 will see fully functional self-driving cars on the road, creating an industry that will be worth billions.

What are driverless cars?

Driverless cars, also known as autonomous cars or self-driving cars, are cars that are capable of driving to a destination, avoiding obstacles and parking successfully without the aid of a driver.

Simply put, this car must have the capability to perform every function related to everyday driving including commuting and parking. To accomplish this, a driverless car makes use of artificial intelligence (AI) to sense its immediate surroundings, process information from what it senses that allows it to avoid collision, use GPS to determine the car’s current location and where it is supposed to go to and perform driving-related activities such as steering and braking when needed.

Even though the concept of driverless cars has been talked about for quite some time, the idea of sitting in a car and being driven by a computer is sure to make a lot of people nervous, but, for what it’s worth, some level of this technology already exists in today’s more modern cars – such as adaptive cruise control, self adjusting speed control, blind spot warnings, lane management systems, self parking assist and much more.

So, while we are not exactly using driverless cars now, it is safe to say that a huge part of today’s driving experience is actually controlled by an onboard computer.

It is important to point out that even though the terms driverless cars and autonomous cars are currently used interchangeably, there is a subtle difference in their technical meanings. An autonomous car is one that has enough technology to allow it drive on the highway without human assistance, whereas a driverless car is one that does not even need a steering wheel suitable for human drivers.

How does a driverless car work?

A complete driverless car has to have the capacity to obey road rules, respond in a timely manner to road situations and drive safely all the time. To accomplish this, driverless cars make use of a series of built-in systems that are tasked with constantly analyzing the immediate surroundings and interpreting the results to determine the next course of action. The exact technology differs by manufacturer, but the key components are basically the same.

  • GPS – GPS is already a common technology. The GPS technology in driverless cars is no different from the ones available in phone apps; only better developed; and they essentially serve the same purpose – to tell the car where you want to go so the car can drive you there.
  • Detection system – In order for the car to plot its destination and prepare for road situations, a self-driving car works with a very advanced detection system. This is usually made up of LIDAR (light detection radar) used to measure the distance between any surrounding objects and the car, radar, and cameras. So far, only Elon Musk’s Tesla Model 3 makes use of only radar and camera, no LIDAR. This may be due in part to the first ever driverless car fatality caused by a LIDAR error in a Tesla Model S, where the device misidentified a parked white truck as part of the grey environment and so didn’t hit the brakes.
  • Onboard computers – Cars have had onboard computers for quite a while now but the ones on driverless cars are of a more sophisticated variety. Such a computer is needed to analyze and interpret the data gathered from the car’s detection system and determining the correct course of action, as well as controlling other aspects of the car not connected to the detection system.

How safe are driverless cars?

First of all, the technology behind driverless cars is still undergoing a lot of development. This means that there are still a lot of issues to be sorted out. Already, there have been several accidents during testing, including one that resulted in a fatality, but some of these accidents were a result of driver error.

That being said, several driverless car makers, including Google, are programming their cars not to take any form of action such as accelerating, braking or changing lanes unless there is a hundred percent certainty that the action is safe and will not result in an accident.

In theory, this ensures a safe and secure drive as long as the onboard electronics, computer and sensors all work as intended, and also as long as there is no unpredictable action by other road users. This emphasizes, rather than negates, the position of adequate car insurance to cover for any liability, even though insurance premiums might drop significantly once these cars have been proven to be beyond any doubt safer than manned vehicles.

What are the advantages of driverless cars?

Safety –

The biggest and most obvious advantage of driverless cars is safety. This safety advantage is emphasized by the following points:

  • Faster reaction times: A driverless car has the advantage of being able to react faster than any human driver would. In less than it takes to blink an eye, a driverless car can identify a potential hazard and take action accordingly.
  • Smarter decisions making: A human driver may not be able to analyze and make a decision in the split second it takes an accident to occur. Driverless cars, on the other hand, make use of extremely fast computers to analyze road situations and decide on the best possible move.
  • More efficient drivers: A huge percentage of road accidents can be traced to driver error. Everything from fatigue to drunk driving and ignoring road rules can cause a fatal accident. Computers don’t have these problems. Not only do they obey traffic laws and warning signs, they are also not capable of the excitement and emotion associated with road rages, car races and other forms of bad driving that cause accidents.

Efficiency –

Another advantage of driverless cars is efficiency. Driverless cars will be able to provide better fuel efficiency, better road efficiency and better time management. The usual chaos that normally occurs as a result of hundreds of drivers on the same road, ignoring safety rules, not maintaining consistent speed and not allowing for the proper flow of traffic will be eliminated.

Better for disabled people –

Driverless cars bring a whole new opportunity for freedom to people who have movement-restricting disabilities such as the blind or those otherwise unable to drive. Because the car is essentially doing the driving, these individuals will be able to move about more freely without having to depend on someone all the time.

Driverless cars will also provide an advantage to the elderly who no longer have the speed and reflexes needed to drive safely on the crowded highways.

The advantages of driverless cars are too numerous to fully cover here but suffice it to say that it will change the landscape of the automobile industry the world over.

What are the disadvantages of driverless cars?

No matter how good a thing is, there is always a flipside, and the advent of driverless cars is no exception. First of all, any technological advancement is bound to have an economic impact and driverless cars will too. This is because most of the driving jobs done by humans such as truck driving, taxis and chauffeuring will be taken over by AI.

Here are some of the adverse effects driverless cars are bound to have:

  • Economic impact due to job losses
  • High cost of cars due to high tech features
  • Legal and ethical difficulties
  • Human error

As you can see, there is still a long way to go before driverless cars become available to the public. All we can do as we wait is simply envisage the feeling of moving about in a car that drives itself.

5 Licenses and Permits Needed to Open a Restaurant

If you’re thinking about opening your own restaurant, you will need to do some research before anything else. While running a restaurant can be a rewarding venture, there are some steps you need to take before embarking on your dream restaurant journey. Depending on the type of food service operation you want to open, you may have to apply for some additional permits. You will need to decide if you are going to allow liquor sales within your restaurant or have a live entertainment option, as these require additional permits aside from the standard issue licenses and permits you will need to acquire before opening. Here are some common permits and applications you might need to file if you’re interested in opening your very own restaurant.

Employer Identification Number

Since restaurants have many employees, you will need to apply for an employer identification number (EIN). This is the first step in identifying your business to the government in order to file appropriate taxes for your business and on behalf of your employees. While this is a free process, it may take several weeks for your application to be processed and approved. Therefore, you will need to plan your timeline accordingly as the EIN will be necessary in order to file many of the other required permits/licenses prior to opening.

Business License

A business license is a state regulated license required of anyone owning a business, especially a restaurant. While this license is state regulated, you may need to apply for the federal level business license if you plan on transporting animals, planting products, or selling alcohol. Be sure to double check with your individual state authorities as to which license you will need depending on the services your restaurant will offer.

Building Department Permit

Now that you have started the process of establishing your restaurant, you will need to find a location and bring it up to the required safety and operational codes for your region. This will require building inspections from the city or county health department, as it pertains to the safety of the brick and mortar building you plan to run your restaurant in. This can include a visit from the fire marshal to review fire prevention systems, capacity concerns, and egress routes in case of a fire. In addition, outdoor signage and building features may be limited by local authorities, so a visit to the building department to find out the rules for your region is a must.

Food Service Establishment Permit

This is sometimes referred to as a “food handler’s” permit. This permit proves that you, as the owner/operator, understand and will comply with all food storage, safety, preparation, and sanitation training. This permit also allows your local health department to inspect your facilities (especially the kitchen area) to make sure you are following all requirements for safe food handling. Employees who will be primarily working your kitchen staff will also need to be individually certified for safe food handling procedures. Prior to getting approval for this permit, you need to make sure your kitchen (and restaurant) are stocked with the necessary supplies. Restaurant supply stores like have everything from cookware, flatware, and uniforms to get a restaurant up and running. These supplies will be necessary in order to pass the food handling inspection, as they will be part of the review.

Liquor and/or Music Licenses

If you plan to serve alcohol, a liquor license will be required for your location. There are several levels of licensing for liquor and these can vary by state. Many city or county governments also have specific liquor licensing requirements, as well. If you plan to play music in your restaurant (as many do), you will need a music license in order to play any copyrighted music. It doesn’t matter if it’s from a CD, karaoke night, or DJthis license would be required in all circumstances. However, if your restaurant is smaller than 3,750 square feet, a music license will not be required.

Failing to acquire the required permits/licenses could get you into trouble with various government and regulatory agencies, resulting in fines and even potential closure of your restaurant. So you want to make sure you have all your ducks in a row before embarking on this journey. Performing due diligence prior to opening your restaurant will help you save time and money in the long run and help you spend your time and energy on running your restaurant.

From Struggling to Multi-Millionaire- Talking Money, Success and Failure with Nenad Korof

It’s easy to fake a persona now days on social media- the luxury watches, car, penthouse and lavish parties, private jets I mean go on Instagram or Google and just start scrolling. However, one person who has earned his wealth and not faked his way to success is Nenad “Neno” Korof. A serial entrepreneur, angel investor, trader, mentor, philanthropist who has a large following on Instagram of 102K and one of the fastest growing accounts- Nenad has shown that hard work and dedication can earn you the lifestyle you desire. Managing different businesses- he is currently focused on Advance Crypto Academy– North America’s #1 Online Education platform which educates people on trading cryptocurrencies and forex. In addition, he hosts webinars in which people can see the trades made in real time and profit alongside him. Through his mentorship- he created 11 millionaires and dozens of 6 figure earners.

Nenad- you have achieved so much at a young age- I am sure you have had countless failures along the way, what is one of them?

The truth is everyone has failures, I am no different. On my way to making my first million, I had 2 MLM’s that were a minimal success and 2 businesses (a landscaping and shisha lounge) which started becoming tedious at a point of time. With the 2 businesses, I was trading time for money to a certain degree and working long hours- the work started to become monotonous and I needed to figure a way out. However, due to poor decisions and the wrong crowd- I was $50K in debt but eventually I figured out forex trading and earned my first million. I took many risks in life, some worked out- others didn’t, but it made me wiser and everything happens for a reason.

Being a successful entrepreneur, what are 3 traits you believe that people need to have to be successful?

  1. Confidence- the truth is if you are scared, you’ll never make money. You have to believe you are the best at your craft because it’s a competitive market and if you are not working to be the best, someone else will outwork you and earn it. Whether it’s a dream, a date, a business- have the confidence to be able to work and not stop till you have earned it/achieved it.
  2. Perseverance- there are times when it’s going to get tough and if you don’t have the wherewithal to survive those tough times, you won’t appreciate the good times. There are many people that want the freedom and lifestyle but the reality is are you willing to die for your dreams and if you fail, get back up and give it another shot? The truth is most people won’t and that’s why the rich are rich- they have a high level of pain tolerance and didn’t get to where they are by luck.
  3. Passion- if you enjoy what you do, you’ll never work a day in your life. For me, I find joy in helping people and programming their mind for success and pushing people to go after their dreams and goals. Trading and mentorship are vehicles which allow me to fulfil that purpose.

With diversifying your wealth, do you invest in start-ups- if so, what’s your criteria when you are evaluating them?

I do invest in start-ups and here’s my 2 criteria:

  1. The finances have to make sense and whether it will be/is a profitable venture- for me this isn’t a charity, it’s business and I am looking for things that will make my money grow. The number 1 rule of money, don’t lose money.
  2. I bet on the operator/jockey that will be executing the business and vision. If I feel they have the drive to grow the business, then I will invest. In addition, the idea has to excite me to the point where I think to myself “Why didn’t I think of that ? That’s a damm good idea”

For people that are making money or growing their wealth- what are your 3 top money management tips ?

  1. It’s not about how much you make but how much you keep- you could make a million dollars but if you spend $1.5 million dollars, you just put yourself in the negative. Don’t be stupid to overspend.
  2. Always leave money for a rainy day- there are unexpected events that happen in life. A family emergency, lawsuit, losing a client/job- whatever the case is, make sure you have at least 12 months in savings to ensure you are covered for a rainy day.
  3. Don’t spend money on liabilities- things that don’t make you money. People look at my Lamborghini and think that’s a stupid purchase, however I beg to differ. The Lamborghini makes me money because I use it as a marketing tool that gets people’s attention- people want to learn more about me and what I have to offer which leads to profitability in my business. I enjoy the finer things in life don’t get me wrong but I don’t make purchases that don’t give me some form of ROI in the long run.

Let’s talk Cryptocurrency and Bitcoin, is it a fad ?

*Laughs* here’s the thing, bitcoin is here to stay- it’s not going anywhere anytime soon. I am a big believer in bitcoin because of the underlying concept of blockchain. Using it as a medium of exchange in a decentralized network where there is no intermediary. My friends and I have earned millions from trading cryptocurrencies so it is a good vehicle that we believe will accelerate financial growth but you have to be patient. The truth is there is an unlimited supply of paper money which devalues its purpose- a dollar isn’t worth a dollar. However, if you look at BTC, there are only 21 million coins and that value in rarity entices people to be an owner of the coin. Second, it’s the belief, if people believe that there will be an increase in the price of bitcoin- this will increase the demand. I believe blockchain to be bigger than the internet; when internet first became a thing in the 90’s- people said it was a fad, look at the evolution of the internet today. My belief is blockchain will be much bigger at a larger scale and when I am right- you can come back and re-read the article.

One final question- you’ve seen both spectrums of life, when you had no money and having earned millions- give us 2 pros and cons of being rich.


  1. Options. I choose how to allocate and spend my time, I can decide to get some work done or if I feel that I need a vacation, I can hop on a flight to Miami and relax. If I feel like buying another watch, I can absolutely do that- I dictate how I want to spend my time, not how someone else wants me to spend it.
  2. I don’t stress about money- I know I will pay rent, bills, help my family out and other things that money can buy. If I want to eat out at a nice restaurant with a group of friends and spend $1500, I can do so effortlessly without worrying about if I have enough money in my account or credit card.


  1. Jealousy- the truth is some people will change when they see you have money and doing better. It’s even different when people that you grew up with change because some will even feel envious of that success.
  2. Hate- people hate on other successful people and that’s just something you can’t escape. I have haters bash me in the comments section on my Instagram posts or when I am doing Instagram Live- I don’t let it bother me because I am sitting in a Lamborghini or my penthouse reading the comments. The people close to me know the real me and how hard I work for my money.