Terry Storch Dispatch w.48.2019
May your day be filled with joy and thankfulness, as well as great food, friends and family.
On Saturday, Reia and I headed north and drove to Wichita, Kansas. She competed in the Distinguished Scholarship Invitational (DSI) with over 700 other students from all over the country. Reia is pursuing many different scholarships, and this one is by far the largest at a $64,000 value. The DSI is basically a leadership competition that takes the majority of the day as candidates participate in group activities, interviews, peer reviews, and different essays. I was not able to see or be a part of any of the event with her, but she said things went well and after listening to how she responded to some of the questions, I have no doubt she did well.
Reia is really hoping to attend Wichita State University, but she needs to close her gap financially. We are really hoping and praying for some scholarships to come through. If you are aware of any scholarships or have any tips in this arena, we are all ears.
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Last week, Tesla debuted the Cybertruck. This was a highly anticipated event for Tesla fans or anyone interested in the latest products in the electric vehicle market. If you are looking for a polarizing vehicle, Tesla did not disappoint. The Cybertruck created emotions on every spectrum. Some thought the vehicle driven on stage was a joke, while others thought it was the coolest truck they’d ever seen. No doubt, this design and look is unlike ANYTHING on the market, and that is exactly what Elon Musk guaranteed.
As a Tesla fan, I have to say the truck didn’t disappoint when it came to the specs and the pricing. On those basics, the Cybertruck won’t be beat. As for the design, I am more reserved in my thinking, aka “not a fan.” To be clear, I am not a hater—the design has already grown on me a bit. However, I do think it’s a bit too aggressive and forward. But hey, Tesla has already pre-sold >200,000 of them in just a few days, so apparently, a lot of people plan to buy it. (read more)
Life is already challenging so why are you making it harder than it needs to be? When it comes to self-discipline specifically, Wally Bock gives a great reminder to, “Do the most important stuff first,” and tells us that it’s easier to avoid temptation than it is to overcome it. Check out his post that includes tips and reminders that could benefit us all. (read more)
Turkey, sweet potatoes, Pilgrims, Native Americans, and a partridge in a pear tree. Well, maybe not the partridge part...but Thanksgiving does have many historical visuals and stories that we connect to it. Whether or not historians agree, it’s a worthy time to come together with friends and family to express our gratitude. As you celebrate this holiday, consider learning about the myths of Thanksgiving from this article. (read more)
This Week in Startups is one of my favorite listens. Serial entrepreneur Jason Calacanis has a rotating group of guests who talk startups. Recently, Jason spoke with Wealthfront Co-Founder and CEO Andy Rachleff. Wealthfront is one of my favorite products that I recommend all the time. You can check out Wealthfront with this referral link. You can listen to insights on product-building in the 80s vs now, the best investor attributes, hitting escape velocity at Wealthfront, pioneering "self-driving" money for consumers, and more - (listen now)