Showing posts with label Edmund McCormack. Show all posts
Showing posts with label Edmund McCormack. Show all posts

September 20, 2021

Life, Career & Business Insights from the Best

Authors by Sasha Celebrate Past Contributors as New Members Join the Fun!

(Below is Copyrighted Content Courtesy of Kreative Circle & Authors by Sasha)

#sample #excerpts

Credit: Quotes, Steve Martin


What guidance do you have for novice professionals who want to pursue a career in Film and TV Production? 

“MARRY RICH.  Only kidding. 

Many years ago, a Producer named Joe Manduke said to me: “Joe, in order to succeed in this business, you must want it more than life itself.” At the time, that sounded like self-serving hyperbole. But time and experience has cast that line in a different light.  You must be prepared to disrupt relationships, miss family dinners, work around the clock and leave town on very short notice. 

In my career, I have been punched, stabbed, needed eye surgery because of how velocity freezing wind and stood on broken bricks for twelve hours enduring extreme pain. And always saying to myself: “What? And give up showbiz?”

Joe Wallenstein

 Author & Hollywood Producer


Dr. Tran-Harding, the show shares the stories of "heroes" in the medical community and society. While growing up, what did you envision a hero to be? How has that perception of a 'hero' evolved for you over the years?

Growing up, I always envisioned the typical textbook definition of a hero to be someone who is courageous, an overachiever, and a superhuman. Over time, my perception of hero now also includes someone (or something – animals can be heroes too!) that is selfless, caring, and giving. So in a way, what I thought of as a hero when I was a child really expanded into the many heroes we see every day, beyond just health care professionals. I think that anyone that does a kind deed for others without even considering getting anything back in return is a truly commendable person. 

Dr. Karen Tran Harding

 Founder & Host of Medical Heroes


Some of your works include the American Horror Story, Bones, 2 Broke Girls and For Nothing. What have you learned about receiving direction from Directors and improvising at your discretion?

Well, this is a tricky question. I always believe in being open to improv. But there are times when it wouldn't be appropriate for the character or the moment. But I think in all of those projects you listed that we were all very open to collaboration and improv. In Bones, the director and I decided to do something in that scene and not tell David Boreanez that we were going to do it so that they could just catch his reaction when the cameras were rolling. In American Horror Story, Sarah Paulson asked if we could just play in the scene at one part, which, of course, I loved. To get to work with excellent actors and get to play in the moment with them, that's it. That's the best. 

Megan Davis

 Hollywood Actress & Producer


You just released a book “Speed Matters: Why Best in Class Business Leaders Prioritize Workforce Time to Proficiency Metrics."  The book is described as "distilled wisdom from an extensive research on 66 start-to-end project success stories spanning 28 industries, contributed by 85 best in class business leaders from 7 countries". What led you to write this book?

The book came into conception mainly because of the Covid-19 crisis. During that dire time, we saw how many organizations struggled to adapt to the radical changes enforced by Covid-19. But at the same time, for many others, it has accelerated the need to transform and fast track in the competitive business world. The key challenge I see is how leaders and organizations will prepare their employees for faster recovery. But there is a crucial gap in executive education. The executives, leaders, and managers have never been training in the science of speed. So, I thought this was the right time to give them important leadership thinking to effectively tackle contemporary issues. 

Dr. Raman K Attri

 Author & Speaker; Speed Specialist


Brad, often in your videos you touch upon the words 'resistance', 'healing', and 'acceptance'. How do you define these words?

Resistance – Resistance is that force that stops us from making the positive choices and taking the positive actions that we know would lead to the circumstances we desire.  It’s self-sabotage, but it comes from a loving intention to protect us from something we have been led to believe would be harmful to us in some way, even though that may seem illogical.  This programming is most often based on misunderstandings – ours or someone else’s – but the longer we’ve bought into it, the stronger the resistance is likely to be. For example, if we’ve been taught that “money is the root of all evil,” our subconscious mind will resist opportunities to make more money, because it is protecting us from being evil.  We will sabotage possible relationships if we’ve learned that people tend to hurt us, and we understandably want to resist that.

Healing – This is the process of letting go what no longer serves us so that we experience greater freedom and well-being, physically as well as emotionally. It is a return to who we really are – this unique expression of light and love.

Acceptance – Many people find acceptance a challenging concept, because we often mistake it for approval.  Acceptance isn’t saying that things which cause us pain in our life are okay. But rather an acknowledgment that they are there.  Too often we fight the idea of what is there, which makes it difficult if not impossible to resolve issues.  If your dog poops on your carpet, you need to accept the truth that it is there in order to clean it up.

Brad Yates

 Emotional Freedom Technique (EFT) Specialist & Author


Your book "The Grace Effect" is inspired by your adopted daughter Sasha's life story in Ukraine. How did you two cross paths?  How soon did you recognize Sasha was meant to be a part of your life? What has she taught you about life, faith and fatherhood?

I did not meet Sasha until her adoption was well underway. My wife and my three boys participated in a mission trip to bring relief to children languishing in Ukrainian orphanages. There they met Sasha who, as an HIV-positive child, had little hope of being adopted. Lauri proposed we adopt her. We did. She had a huge influence on us all in many ways, not the least of which was the fact that I grew up in a family of boys and had all boys. When Sasha, with all of her girliness, entered our household, it was … an adjustment! But her life, her suffering, her perspective, is much needed in a country where so many see themselves as victims when they aren’t. Not really. By contrast, Sasha has known suffering on a scale that beggars the imagination. That continues to shape my perspective.

Larry Alex Taunton

 Author, Speaker & Cultural Commentator


Do you believe that most individuals have the ability to refine their communication skills in order to become better writers?

One of the first things I do in my Creative Writing course is to ‘Bust the Talent Myth’. There is research indicating that ‘talent’ is really ‘deliberate practice’; i.e. those who demonstrate great ability are usually the people who apply themselves more diligently/passionately than others. (This includes the classic example of Mozart, who had already practiced several thousand hours by the age of six.) I’m not particularly interested in arguing the point philosophically that there is no such thing as talent, but I do like to give my students this acronym: TALENT = Time, Application, Love – Energy, Not Talent. It’s not about being lucky enough to have been bestowed with talent; writing skill comes about as a result of writing (and reading).

Liliane Grace

Award-Winning Global Author, Speaker & Writing Coach 


Are there any writing tips you can share with new authors?​

Absolutely. I actually coach other authors and have an entire talk I give on writing books. The first thing is just go for it. Put pen to paper or fingers on the computer keys, or dictation and just get it out. And don’t think about it as writing an entire book. That seems so incredibly overwhelming. Think about it as writing a few sentences that become a paragraph that become a chapter that becomes a book. Break it down into doable chunks of what you want to say. As far as publishing goes, everybody thinks they want a traditional publisher. And that’s great for some but isn’t usually unfit for most authors. Think about what you really want from writing that book. Why are you writing the book? If it’s going to be a vanity project or something that you sell at your office or give away to friends and clients, a traditional publisher is not going to be the route to go for you. There are many low cost if not free self-publishing options that will get you the results you want. Also know that traditional publishers are not easy to get. Many will only go through an agent, which also takes a while to obtain. You have to write proposals that can be up to 50 or 60 pages. And it’s not quick. Most books through publishers take 12 to 24 months to get on a shelf. 

Kathy Gruver, PhD.

 Author, Speaker, Coach & Holistic Practitioner


Dchained provides a platform to educate oneself on cryptocurrency without complexity. Which topic is the most popular within the Dchained community that delivers utility value among members and potential investors? 

By far, most traffic has come to our section outlining Bitcoin. However, it’s been fascinating to see that nearly half the traffic is over the age of 50 to our Bitcoin content. In general, investing strategy for many starts to shift to assets with less risk as the individual moves closer to retirement age. However, this trend makes sense as the yields from Treasury bonds have decreased steadily as the Federal Reserve has increased the supply of money to support the US economy during COVID. This practice, known as quantitative easing, has led investors to seek out two of the most stable investment assets available: gold and Bitcoin. 

Edmund McCormack

 CEO & Founder Dchained


In the mid 1970's you started working as a freelancer for BBC radio and television. How were you introduced to the BBC organization? What did you learn at BBC which helped you refine the art of writing and storytelling?

I fell into writing for the BBC, as prior to this I was a drummer in a pop rock band, the lead guitarist and singer is a guy called Phil Campbell, who had previously worked as a runner for Hammer Films, the makers of numerous horror films, starring the likes of Christopher Lee, Peter Cushing and Vincent Price to name but a few.  So Phil suggested we get together as he had a friend who needed some scripts for a hospital radio program. We produced the scripts and were left with a plethora of material which Phil sent to the BBC. One of those jokes got selected by ‘The Two Ronnie’s’ who at the time were probably the leading comedy duo on TV and we had our material on their Christmas show. Once bitten by the comedy bug, we looked around for more places to approach, we chose ‘Hudd Lines’ which starred and was performed by the late Roy Hudd, the Producer was John Lloyd MBE, who is also the Producer of ‘Not the Nine O Clock News’ and Black Adder as well as many other comedy shows. Now we were in the BBC, all be it on the fringe, we wrote for a satirical  show called ‘Week Ending’ starring David Jason who went on to become ’Dell Boy’ in Only Fools and Horses. Some of the Producers on ‘Week Ending’ became household names like Gryth Rhys Jones and the late Douglas Adams of ‘Hitchhikers Guide to the Galaxy.’ I also started to try some one off scripts and was picked up by BBC Scotland who produced a show called ‘A kick up the 80’s’ with Tracey Ullman. Phil was writing for Dick Emery by then. All these people in many ways contributed to my education in writing, I don’t think I would have written much had it not been for this experience.

Myron Edwards

 Author & Former Advertising Professional

September 11, 2020

Meet Edmund McCormack, Founder & CEO of Dchained (Cryptocurrency Literary Network)

Credit: Edmund McCormack
Edmund, welcome to Authors By Sasha. Please introduce yourself and share with us why you decided to transition from working in the tech and media space to focus on creating a Cryptocurrency Literary Network. 

I have been involved in cryptocurrency and blockchain since 2012. The initial draw was the technology and how it can address glaring issues with the current internet model: 1) censorship by governments (i.e. the internet experience of someone in China is much different than you and I; 2) relentless data breaches of governments & corporations by hackers; and 3) lack of consumer data protection & privacy. 

The latter became tangible for me in late 2015 when I was working at Apple and I saw Tim Cook speak about Apple’s rapidly-growing stance on user privacy. Personally, it meant that my days were numbered at Apple as they moved to distance themselves from the advertising world; however, I also realized that the current internet model – where companies & governments store your data on their servers – would need to be disrupted. Blockchain offered the solution, and it would not only disrupt how we surf the web but banking and even the money that we use (i.e. crypto). 

Coincidentally, this is when the crypto market started its historic rally that brought the word “cryptocurrency” and “blockchain” into the mainstream. It brought in droves of investors that “threw caution to the wind” and invested into markets that they didn’t understand from a technical or financial standpoint. Unfortunately, many of those investors were caught off-guard 12 months later when Bitcoin, along with the rest of the cryptocurrency market, collapsed. I can’t blame those investors though because most of the credible sources on crypto were highly technical. Individuals who could understand the financial indicators and updates on development knew that the end was near. With a little information and trusted hub to be a “safe haven,” many of those investors could have mitigated their losses.

Today feels very much like early 2016. Crypto is gaining in popularity, except this time they are backed by major financial institutions and significant development advancements. I wanted to create an online destination that made the information, often seen as intimidating and inaccessible to those outside of tech & finance, available for all. This is where the name “Dchained” came from – unlocking this investment & technology space that could change people’s lives. 

What were the common misconceptions related to cryptocurrency when it was initially introduced in the market? What misconceptions still need to be addressed in the cryptocurrency and blockchain technology today? 

In the early years, cryptocurrency had a stigma of being the currency to finance illegal activity. I’m happy that we’ve out of the “dark days” of the Silk Road, as it becomes further embraced by governments and financial institutions. 

The biggest misconception today is that you need to be technical to invest in blockchain and cryptocurrencies. The terms "blockchain" and "crypto" sound foreign to many, but so did HTML and IP Addresses in the early 90s (i.e. the internet). While most people still couldn’t explain how the internet works, it's hard to argue that investing in the early players involved in shaping the internet was a bad decision: Apple, Microsoft, Google, and Amazon. They're also the #1, #2, #3, and #4 largest companies in the world, in order. This has the potential to match or exceed that investing opportunity (no time travel required).

Dchained provides a platform to educate oneself on cryptocurrency without complexity. Which topic is the most popular within the Dchained community that delivers utility value among members and potential investors? 

By far, most traffic has come to our section outlining Bitcoin. However, it’s been fascinating to see that nearly half the traffic is over the age of 50 to our Bitcoin content. In general, investing strategy for many starts to shift to assets with less risk as the individual moves closer to retirement age. However, this trend makes sense as the yields from Treasury bonds have decreased steadily as the Federal Reserve has increased the supply of money to support the US economy during COVID. This practice, known as quantitative easing, has led investors to seek out two of the most stable investment assets available: gold and Bitcoin. 

Cryptocurrency serves as a potential investment vehicle for investors. What are the top three questions prospective investors should ask, or research, before extending their resources into the cryptocurrency market? Are there any insights you've acquired through your investing activities?

The top three questions that investors should ask themselves: 1) what is your goal and risk tolerance, 2) how diversified do you want to be (i.e. should you invest in an exchange traded fund (ETF) or purchase a coin directly from an exchange), and 3) what trusted sources are available to stay up-to-date.  

My advice to anyone interested in starting, or growing, their crypto investing portfolio is: 1) take the time to learn the fundamentals (i.e. how is Bitcoin different than Ethereum), 2) store your cryptocurrencies on a hardware wallet instead of the exchange you use to buy from, and 3) do your own research before you make any investment decision.

Risk comes with all forms of investment. On a scale one to ten, how would you rate the risk factor for cryptocurrency investments in general? Has the risk factor increased or decreased due to the Coronavirus pandemic? What does the potential forecast of cryptocurrency demand look like in the next five and ten years? 

The cryptocurrency market delivers opportunity at both ends of the risk spectrum. For example, Bitcoin has been drawing praise from major institutional investment firms, such as Goldman Sachs, and publicly traded companies in the face of our current economic situation. Its limited supply and strength in the face of the weak US economic and jobs data have drawn parallels to the stability that gold offers. In fact, MicroStrategy (a publicly traded business intelligence company) exchanged USD for Bitcoin in its reserves to more effectively store value due to fears of USD devaluation from the Federal Reserve’s steps to increase the supply of money to support the economy during COVID.

While I don’t have a crystal ball to predict where prices will go, it’s clear that cryptocurrency (specifically Bitcoin) is being rapidly adopted in developing countries. For example, the rate of adoption of crypto in Latin America has been inspiring as they turn to cryptocurrency as a solution to staggering inflation and increasingly unstable banking systems. It’s also worth noting that there are 2 billion people globally who do not have access to banking systems, often referred to as “unbanked,” but are actively using mobile phones. It will turn a mass amount of people into participants in the global economy, while creating demand on the limited supply of cryptocurrencies like Bitcoin (increasing the value for investors).    

You've been engaged in the cryptocurrency market for at least a decade. Engagement in this niche requires good sense and implementation of good strategies. What has this form of investment taught you about decision making skills in life and business?

Behind all the acronyms of the cryptocurrencies are people who are leading technology projects. I have taken a focus of trying to invest in technology that I believe can be transformative, and I’ve used this approach to build confidence and conviction in my investing strategies. The crypto market is heavily influenced by emotion, as seen in the last bull run in 2016 and 2017, and there is no shortage of people who will give you their advice. It’s important to remember that there is no shortcut for doing the due diligence, creating a plan, and maintaining composure during short-term challenges.

Investors are constantly seeking opportunities to acquire diversified return on investment in their portfolios. What are the top four types of cryptocurrency popular in the global markets? Are cryptocurrency investments ideal for individuals seeking short term or long term returns?  Is there any way to offset risk for short term losses?

The crypto market has assets that can appease varying levels of risk & reward that investors can incorporate into their overall portfolio. Personally, I think investors should analyze what is the function of the crypto and what it represents.  

1. Stablecoins, which is cryptocurrency that is backed by fiat currency (i.e. USD or British pound) or commodities such as gold, offer a conservative investing opportunity with minimal volatility and modest returns. Given its association with national currencies, stablecoins provide a higher level of stability. 

2. Bitcoin offers a unique opportunity where it’s a proven store of value but it has significant upside potential given its limited supply. The use case where it can be utilized for large-scale payments, such as government to government, draws further parallels with gold.  

3. Ethereum is an investment in whether it will be the future backbone of digital infrastructure. Investments can net higher returns as Ethereum becomes more widely adopted across industries and further development enables further growth for the platform. However, there has been an influx of competitive technologies that are creating a technical “arms race” with Ethereum to provide the foundation for our connected lives.  

4. Decentralized Finance (DeFi) is a high risk/high reward investment. Its goal is to remove “intermediaries,” such as banks, by allowing individuals to conduct financial activity through “smart contracts.” Investments resemble the practice of stock-picking as you’re financially back that a specific project or offering will become the leader in its specific sector of financial services, such as lending or earning interest on asset holdings. 

Is there a recommended minimum amount needed to invest in the cryptocurrency market? What type of investment strategies have led third parties to lose money in this specific area of investment?

There is no minimum required to invest, as long as you cover any necessary fees charged by the exchanges to buy the cryptocurrency. With that said, there are a few things to consider. The golden rule is that you do not want to invest any amount of money that could put yourself in financial distress if you were to lose it. Additionally, it’s advisable to utilize a dollar-cost averaging investing strategy where you are investing a consistent amount of money consistently on a scheduled basis. This strategy helps investors avoid mistakes often made when trying to “time the market.” Lastly, it’s imperative to do your research and not invest based on the potential of “missing out.” This led to a lot of investors making poor decisions in the last bull run. 

As a subject matter expert and entrepreneur, how have you built your investment network of highly skilled team members which include lawyers, financial advisors and business leaders? Did you find them or did they find you? What guidance do you have for business professionals building a robust network? 

Over the years, I have met individuals both professionally and personally who provide their clients with advice on cryptocurrency in their respective fields. I’m a client of many of these specific individuals, as I’ve sought advice on topics such as filing gains/losses on my tax returns or how to claim crypto holdings when applying for a mortgage. It’s interesting how people involved in the crypto space have sought to offer introductions to help build the community. I want to help open that community up to those who are now getting involved. 

Some people perceive the cryptocurrency market to be a clandestine network which hosts fraudulent activities. How can prospective investors find a peace of mind knowing their identities and resources will not be compromised when participating in the network? 

The clandestine reputation was deserved in the early days, as crypto became associated with the “dark web,” but the world is a much different place with cryptocurrency today. Large financial institutions are focusing their long-term strategy on building crypto investment options for their customers. The Federal Reserve is collaborating with MIT on if/how they roll out digital legal tender. 

Blockchain, which is built to provide anonymity and security, is looked at as a solution to consumer data privacy. I would ask someone to think about how many times they’ve had issues with illegal activity on their credit card, or even worse if their identity was compromised. It’s extremely easy to do because that information is stored on a physical server that hackers can attack. With blockchain, there is no central target for hackers and its use of cryptography make it almost impossible to breach.

How can this form of investment win over the trust of millionaires who strongly oppose investing in a cryptocurrency market that isn't reliable enough due to its young age, and/or the bad information circulating on the financial platforms online? What are the credible stock exchanges that provide valuable information and services to clients wanting to start their crypto journey?

The opinion of wealthy investors have shifted more in favor of cryptocurrency, such as Bitcoin, more in the last year than the 9 years preceding it. Regulation and policy changes from the US government and financial regulatory groups have set the stage for crypto to become mainstream. Large institutional banks are creating funds dedicated to cryptocurrency, such as Fidelity’s upcoming $1B Bitcoin fund, while several leading players in the crypto market are contemplating the move to becoming publicly traded companies.  

Similar to the stock market and politics, there is no shortage of misinformation and people willing to offer it to you. This is why we wanted to create a platform that acts as a safe-haven, where you can build an education in the overall space and stay up-to-date on the latest developments.

Edmund, do you have a favorite quote or a favorite song? How does it inspire you with the work you do? 

It’s a bit cliché to quote Warren Buffett, especially if you’re involved in investing, but he has a quote that is spot-on in the crypto world. “Risk comes from not knowing what you’re doing.” Crypto is dangerous for investors who think that it’s an apples-to-apples type of market with the stocks and bonds. It’s a whole different beast and you have to know what’s a market signal out of all the noise. This is where we come in as we are focused on building a platform where investors can learn about cryptocurrencies and leverage all the services that we offer our members to invest more effectively. 

 Please share with audiences how they can support your work. 

We host a volume of free content and instructional information on our site www.dchained.com.  Also, follow us on our Facebook page facebook.com/dchained as we will be announcing a virtual video workshop on “How to Get Started in Cryptocurrency.”

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