New Class Rising With Hector Avellaneda

In the third quarter of 2018, the central banks of Russia, Turkey, India and other countries went on a splurge of gold buying. Collectively, five major countries including India, Russia and China demanded 33% of all of the gold mined out of the ground this last quarter. The question is, why are these major economies splurging on gold at a time when the U.S dollar is on the rise? In this episode of the show discuss why this is happening, why this is going to deal a big blow to U.S economic dominance and why this is of the upmost importance to you and me.    Support the show on Patreon Follow me on twitter: @HectorJ_Mises Show notes: http://www.NewClassRising.com/152 YouTube video podcast Get my Book: De-CLASS-ified: The fall of the middle class and rise of the internet entrepreneur

In this episode of the show I am sharing my #WalkAway story. There is not intro or outro music because I basically took the audio from the video I published but I wanted to share this as an episode for you to view. Do you have a #Walk Away story? Buy my eBook: De-CLASS-ified: The fall of the middle class and rise of the internet entrepreneur Follow me on Twitter: @HectorJ_Mises Show notes: http://NewClassRising.com/151

On this episode of the show I am sharing what the #WalkAway movement is all about and why I think it is important to aspiring entrepreneurs everywhere.    Buy my eBook: De-CLASS-ified: The fall of the middle class and rise of the internet entrepreneur Follow me on Twitter: @HectorJ_Mises Show notes: http://NewClassRising.com/150  

On this episode we are talking about the student loan debt problem that is facing America and the long term impacts that this is going to have not just on individuals but on the economy as a whole.  Get my eBook: De-CLASS-ified: The fall of the middle class and rise of the internet entrepreneur   Follow me on Twitter: @HectorJ_Mises

Imagine you are taking a walk through your neighborhood. It's a unusually breezy, but warm summer evening and you happen to run into a neighbor. You stop to chat for a bit and during the discussion you start talking about finances.  You're neighbor tells you, "Yes John, I jut hit a big milestone in my life. I've paid off my mortgage, student loans and all of my credit card debt.  The only thing I owe now is just a $2,000 car note and I I'll be scot free" By this time next month, I will be debt-free and ready to build up my savings and nest egg even more.  You wouldn’t say "Jeez. I'm sorry to hear that. These must be tough times. What happened? Is there anything I can do for you? Thankfully, things are going great on my end. I owe $350,000 on my mortgage, added another $10,000 in credit card debt and my student loans, well, I'm thinking about going back to school for another $50,000. Things just couldn't be better!" but that's what Keynesian economist want you to believe.  On today's episode I you'll learn: M

As promised, this week we are bringing the "7 Wealth KPI" series to an end. But the fact of the matter is, that we are jut getting started. If you've been listening to this series, then you know exactly what I mean. Over the last 2 episodes of this series, I've covered why it is critically important that you as an individual being to treat yourself like a business. What do I mean by that? As a loyal listener of this podcast, I know there is one thing that you want more than anything - Financial Freedom.  Why? Because financial freedom will buy you the lifestyle freedom to live your life however, which whomever and wherever you want & the time freedom to live it on your terms and time frame. But, there is a BIG but... How do you get there? Well, you can invest the earnings you get from a job and over time, it is possible to reach financial freedom. But a job alone will not do it, fort he obvious reasons. Stop working and there goes your income inflows. The only way to obtain financial freedom is by providi

Well, it only took me another 4 months to produce another podcast episode. Yup.. I know. Pretty shameful! Especially when you consider that over the lat couple of years my podcast output has been decreasing year after year? In fact, at this point I wold be surprised if I have any loyal listeners left.  I mean, how many 3-4 month podcast release intervals would you survive before completely giving up and deciding that its no longer worth listening to that particular show? I would venture to guess, not many? The truth is I love doing this show. In fact, right before I jumped on the mic and hit the 'record' button, it was a bit of a rush for me. Now granted, this may be due to the fact that, well, I just have not produced shows consistently enough over ht last couple of years for me to sort of acclimate to the whole thing. I would say, " sure, that's certainly part of it" but the other part is that I really get a kick out of being able to talk to my audience - the Rising Class!  So, I am going to strive to be mo

So. I know, I know - I've been away from the show for a while (again) but let's put that aside for a sec because I have been hard at work and I have something pretty rad and important to give to you at the end of this episode -- but first, let me go into what I am covering on the show for today. On this episode of the New Class Rising podcast we picking back up from where we left off last time and I am covering the 7 specific Wealth KPIs that you need to track to be 100% crystal clear on your Financial Snapshot. Look, I am unequivocally convinced that one of the reasons why I have not been successful in business has been because I've carried with me too many levels of stress have not served me well, and in fact, have served as resistance to actually executing on my own ideas that could may have produced a profitable business with monthly streams of passive income. What am I referring to?  Debt - that's what! You know, one of the reasons you see Mark Zuckerberg and would see Steve Jobs wearing the same clothes

Hey, you! Thanks for listening to another episode of the New Class Rising podcast!  I hope that this episode gets you on a great start to your week. I am certainly excited for the show today and the series that we are getting ready to go on over the next few weeks. So, today marks the beginning of this series I am calling "Your 7 Wealth KPIs". What are KPIs you ask? Oh nothing much, just the DIFFERENCE BETWEEN YOU LIVING THE LIFE YOU WANT OR NOT! Alright, my bad! I certainly didn't mean to sounds like I was yelling at you. Think of it more as the "passionate inflection of my voice". LOL Okay, seriously, KPIs stands for 'Key Performance Indicators' and you want to know a little secret? - The most successful companies (and I would venture to say that the most successful people) in the world all have them. So then, why don't you? Seriously, multi-billion dollar businesses all have KPIs that they track, and, trust me, they're not doing it for their health or because they want to give their workers something else

"If you cannot fly, then run. If you cannot run, then walk. If you cannot walk, then crawl but whatever you do. you must keep moving forward." - MLK As we celebrate Martin Luther King here in the United States, this quote from MLK could not be better suited for where the podcast is today and the mindset that I think we must keep with us as we carry forward.  This is the first episode of the New Class Rising podcast since late August, right before Hurricane Harvey devastated most of Houston. I can say that it was unfortunate I (or anyone for that matter) was one of those impacted, but fortunately I did not lose it all. Many folks here in Houston did. With that said, so much has happened since August 2017. Among those, the Houston Astro's won't their first ever World Series and I did something I never thought I would ever do - I bought into the Cryptocurrency mania! (more on that in a future episode) In this episode, I want to focus on a few things of things: Welcome the Rising Class listeners back to the podc

http://NewClassRising.com/142 - On today's episode I am talking about something that I have never really touched on before but that supports the idea that many successful entrepreneurs have espoused - the idea that you can visualize yourself to success - and it all starts with something that you have probably never heard about, the Holographic Universe. I have always been intrigued by this idea that you can "think your way to success" or that you can "materialize" anything you want into existence by simply using the power of the mind or through visualization. Many successful entrepreneurs all talk about this same concept, but how does it actually work and it is really that easy, why isn't everyone doing it to materialize everything they have ever wanted into existence? In comes the idea of the Holographic Universe. Now, I will admit that I am not expert on the concept of the Holographic Universe, or what I talk about in this episode of the podcast which is the Holographic mind, but I have to say that as I rea

http://NewClassRising.com/141 - Millennials today are leading the way in Home Equity Lines of Credit. According to TD Bank, millennials are tapping into home equity line of credit 2 times faster than Gen X'ers and more than 9 times as fast as baby boomers. The reason, "experts" claim" - millennials just want to upgrade their crumbling homes. How is this possible when millennial student loan debt, credit card debt, and car loan debt is at all time record highs?  It looks to me more like millennials are strapped for cash and are instead opting to boring on the cheap to pay of more expensive, higher-interest debt.

http://NewClassRising.com/140 - I feel like I find myself saying this quite a bit these days, BUT, I am back in the office and am (not live) recording from my new studio in Houston Texas. The month of June was a crazy and stressful to say the least. My wife and I decided that we were going to sell out house, so we put the house on the market, which if you've ever done this you know requires quite a bit of work to make it look "sellable". I also found myself having to look for a new place to rent, since I was not going to buy a home int he city, especially at these prices, I had to schedule movers, make minor repairs and give the house some curb appeal. Lastly, I also find myself having to start work on a completely new project at work that required a much higher and deeper level of commitment. To say the last month was busy and stressful is an understatement.  But, nonetheless, here I am - back in the studio and recording from my new rented condo.  In today's episode, I want to talk about Federal Reserve Chai

I am back in the New Class Rising studio after my trip to Phoenix, AZ attending the 2017 Gartner Executive Supply Chain Conference.  The conference was a blast with tons of sessions on some of the biggest trends and disruptors in the field of Supply Chain. The theme of this years conference seemed to be focused around things like machine learning, deep learning, big data, sensor fusion, computer vision and many of the other buzz words that are taking the world by storm. Among many of the other sessions, one of my favorite was by John Phillips from PepsiCo. His session was titled "Bits and Bytes that will disrupt your Supply Chain" and in it he shared the 7 biggest trends that are changing the way people do business, consumers shop and retailers stock their shelves. In this episode I share those 7 major disruptors, and as a side not, some of the crazyness going on in "casa de Mises"     Show Notes: http://NewClassRising.com/139 Follow me on Twitter: HectorJ_Mises Subscribe on YouTube: New Class Rising Channel

I am on my way to Phoenix, AZ for a conference, but before I left for the week I wanted to make sure that I sat in and shared this topic which I've had on the mind for the last couple of weeks.  During the 2016 summer Olympics, there was a big rivalry between olympic swimmer Michael Phelps had some other dude from South Africa. Tensions were high during the last race that would win Michael Phelps his 23 gold medal before retirement and the South African dude was determined to make sure that he did not win. The most iconic picture of that race is of the South African looking over 2 lanes at Michale Phelps during the last round to see how close Michael was ahead of him. Needless to say, Michael Phelps was focused on the goal at hand and on what he had to do.  Do I have to tell you how this ends? Michael goes not o win gold and the South African came in third place. This story is very synonymous with how some of us approach entrepreneurship.  On this episode of the show I discuss my own struggle with swimming in

The explosion of Membership and Subscription based businesses, driven by customer shopping preferences and advances in technology, over the last five years have begun to redefine how some companies interact with their customer base. Unlike old economy business, where a customer shopped in your store once and you hoped and prayed they returned sometime in the near future, in the new economy [Membership/Subscription] businesses if you don't take a proactive approach to managing customers, you're basically conceding to your competitor. This need proactive manage customers and ensure that they have an easy and stress free user experience has created the need for a new role on the market - the Customer Success Manager.  The Customer Success professional market is exploding, so whether you have a vision to start a SaaS based business and want to learn WHY you must leverage a CSM team from the beginning or whether you are not quite ready to make the business jump yet but want to learn CSM, in this episode I discuss:

Unless you've been living under a rock or spending most of your time in a cave (which wouldn't make sense because how else would you have found this podcast) you've likely noticed that today's consumer economy is largely thriving off of Membership and Subscription based business models. From Netflix to Dollar Shave Club to Amazon Prime and all the way back to Starbucks, even, these businesses have figured out one key thing that many SMBs (Small and Medium sized Businesses) are still missing - if you do not capitalize on customers' need for community and their "every-moment" access to the internet, you're going to lose. Plain and simple. But how did we get here as a consumer society? In this episode, I discuss: the four (4) factors that led to the Membership Economy, and; how you benefit from understanding them. 

Democratic Socialist Venezuela is getting worse by the day, the government took an unprecedented and historic move, that actually was't so unprecedented to those of us who understand what the ultimate goal of socialist societies is.  In this episode I talk about: The state of affairs in socialist Venezuela Why I get so worked up when socialism is advocated in any way, anywhere; and, Why you should reject socialist ideas and hold those people who advocate socialism, accountable for the trail of death and destruction that socialism always leaves behind. Crisis in Venezuela - (video ~15 min)

It has been 7 months since I released an episode on the New Class Rising podcast, but so much has been going on with myself personally, in the economy, and we obviously now have a new president that I couldn't resist the urge to get back on the show to share my thoughts with all of you loyal Rising Class. In this episode, you'll hear me talk a bit about my prediction of the election of President Trump, the Federal Reserve's more hawkish stance on interest rates since the election of President Trump, and what I have been up to since I stopped producing the show and why I was missing for so long, and finally, what it means for the the show moving on.

Last week on the show I looked at why the poor are poor in the United States. If you listened to the episode then you know it had nothing to do with their willingness to work, but everything hat the perverse incentives the welfare state offers.  In this weeks episode, we take a really hard look at the Welfare State and the dangers that arise as this insidious institution rises.  Things you hear are: What is the welfare state? What is a Moral Hazard? The moral hazard of social welfare programs like, Food stamps, Housing subsidies and health care benefits? The moral hazard of the federal student loan programs, like Stafford loans The consequences of the welfare state.   Follow me on Twitter: @Hector_Avellan