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Sister Circle | Building multiple streams of income with money expert Dr. Lynn Richardson | TVONE

Please welcome back down and circle. Dr. Lynn, riches, yes, absolutely so! The dr. Lynn, you have a new book coming out called Parsippany and I’m going to read it exactly.

It says it’s a guide to creating and balancing multiple streams of income. Would you tell us a little bit about this, but I love the title by the way you think. Well, I wrote this book because when I was in my early 20s I had a whole lot of jobs. Like you can come to my house on a Saturday. I could write you an insurance policy of resume teach you how to get a job, how to get a man how to quit a man all over the place.

It was like. My name is Lenny and I got plenty okay. This is way too much, I’m moving, but I’m not going anywhere. So I decided to create a book, so people could actually learn how to use all of their gifts all of their talents and to have them operate like a symphony and the orchestra and their many different instruments. Yeah. If you play the instruments, you know the piano and then the organ and the cello it makes one beautiful sound.

I was going to put you in my pocket. Take you home with me: okay, but you you talk about having only one stream of income is hazardous to your wealth yeah. Can you explain that to us? Please yeah I mean, if you have one income stream and the job lays you lays you off or the boss doesn’t like you or the industry completely just goes upside down. Yeah then what happens to your wealth, and so I say that everybody is an entrepreneur.

That’s not just reserved for jay-z and Diddy and Oprah. He and Russell said: oh yeah everybody’s an entrepreneur. So if you want to be a doctor, you should still have multiple streams of income. If you want to be a teacher, you should have multiple streams of income. You can tutor, you can teach, you can do things on the side, so we should teach everybody not to go to school, get a good education going to get a good job, but go to school, get a good education and create jobs.

Yes, yes, okay, we talked about my chemistry’s of income, but how do you avoid being the jack of all trades and master? You have to find your purpose. I think that’s easy. That’s the key yeah message: key yeah! You have to find your purpose and if you do what you love, the money will follow. Yes, but you have to be consistent. You have to run your business like a business. You have to stay consistent.

Having your own business doesn’t mean you just wake up whenever you want really having your own business means you’re like working at it all the time and so trying to get to the place where you know what to do and how to do it. It comes from looking at what you’re good at what do people tell you you’re good at what do you do so easily that you think it’s nothing yeah, that’s probably an income stream and then what about all the side hustles that you can get so when you’re Trying to get to the next level financially and create streams of income, you want five active streams of income and then for passive streams.

That’s money that you don’t have to work for. It just comes in to you. So we talked about all of that and the boats almost like a residual residual income. Yes, you’re, investing from businesses that you get paid because of the work of others, multiple ways like that. One thing: I love what you said when you were like you know when you have your own busines on your own business, you just don’t wake up when you want to.

You know, like sometimes the the store may say it opens at 7:00, but I roll up at 7:00 yeah and it’s still not open, and then you kind of hang around seven-30 yeah yeah. I talk about that see. We don’t want to run janky business come on. Jinke businesses run jingle badging with bad people funk-defied in Japan, it’s all kind of together, but we want to be professional. We want to put our best image forward.

We want to make sure that we people can reach us, have social media. So not only do I talk about how to start a business and how to have multiple businesses, but why having multiple businesses makes good financial sense, because this system, the economy, operates on giving people who have businesses over 460 tax deductions. So if you are an employee, you only have about seven or eight, but if you have businesses, you have multiple tax deductions, including, for example, hiring your kids to work in your business.

You get twelve thousand dollars in deductions per child, but money that you pay them. You can now pay for their tuition. The children have to be what the maximum age is 18. The minute you shall hire them if they’re over 18. They just have to pay taxes on the money. If they’re under 18, they don’t have to pay taxes, and it’s not a sweatshop you. Your children can work in your home-based business. They can do chores and then people say well what about toddlers and infants an infant can model, so your child has to be able to do any job that any other child can do.

So if I had an infant because formula and diapers is about three, it’s like you’ll be poor trying to buy that stuff. But if you hire your infant or your toddler and then three and four-year-olds they can use iPads. So they can actually help you with social media. They can do research. My youngest daughter Kennedy has been working for me since she was four. She wanted a desk, but she’s been working for me since she was four all of my kids work in the home-based business.

Any other nieces and nephews and guide children who ask for money, they get a job too. Everybody gets a job. Everybody gets a job because I give you the money. You can’t pay me back, but if I pay you a salary, I get to write it off and you get to learn some financial skills. Let’s talk about the many people who want to start businesses and they pour their money in their time. Their effort into these businesses, but they still can’t seem to save money yeah.

So how can how can they keep money in their business? Well, the Bible says that plans fell for lack of counsel, but with many advisors they succeed. So anybody who wants to start a business you should get a team. You should have a consultation. You should do a think-tank. You should think about all the ways you can make money without spending money. So the key in the beginning is to have low overhead extremely low overhead high profit and then move forward from there and from your profits.

Then you reinvest in your business and expand. Let’s talk a little bit about your nationally syndicated radio. Show the millionaires table so tell us a little bit about that. I’m sure you’re, probably giving information like you’re, giving here right now. What makes you say, listen! This needs to be something that everyone knows. What did you see and what inspired you to go ahead and move forward with that syndicated show? Well, I have to be honest.

This is one of those things that somebody else saw in me that I didn’t want to do myself. So the president of wvo in radio, melody, Spann in Chicago, said Lynn. I want you to do this new show called the millionaire’s round table and I’m thinking – oh my god, I don’t want to do radio blah blah, but I’m great at radio all right now. The information I was a radio show years ago, so it’s about creating millionaires, one family.

At a time you don’t have to be a millionaire, we’re going to teach you how to become $ 10,000 $ 10,000 to a first-time homebuyer. Go to Linda millionaire comm get all the details. Well, she said so. Thank you so much for all the amazing information. If you want to know more about generating multiple streams of income, be sure to pick up her book, the symphony, a guide to creating and balancing multiple streams of income everywhere, five books are sold.


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Choosing ESCs for FPV

The input voltage capability, the different protocols that are available with that ESC and the size and dimensions of it. Whether or not it’s an individual ESC like these or if it’s a foreign one like these and then the different processors that can come in a ESC. So, first up for current rating, you need to make sure that the ESC that you pick is going to be able to handle the current that you’re going to pull through it.

It’S not an exact science that, like down to an a specific number, there’s, usually a range that will work, but typically the the higher you go, the kind of more Headroom you have and the more you can feel safe that you’re not going to blow that es Es e up because you’re pulling too much power through it. A common misconception that some beginners think about the current rating on es es is that if, if it’s rated for higher it’s going to make more power, but that’s not how it works, it’s not higher.

The number more power it makes it’s the more that it can handle to flow through it, so just realize that you’re not going to get more power out of going with a higher rated ESC. You it just is possible to push more power through it and without it burning up on you. Next we have input voltage. This is going to be really important because you want to make sure that whatever battery you’re going to use is going to work with the speed controller.

This is going to be listed on every product listing for every speed. Controller they’ll usually be a range it’ll say like 2 to 3 s 4 to 6 s, so just make sure that the ESC that you’re picking is going to work with the battery that you’re going to use or make sure that you’re picking a battery. That’S going to work with the sees that you have, then you have the dimensions or the size and the weight.

This is not as critical, because I mean they’re. Typically, es es are not too far from each other, but in certain situations, maybe you’re trying to be as lightweight as possible. So you want to make sure you have the smallest ESC as possible. These are all ones. I’Ve used on very similar setup so obviously that one’s quite a bit bigger than this one. So by using these, I’m saving some weight and different frames are going to have different widths of the arm.

So it may just bug you if the ESC is wider than the arm. It’S not a huge deal either way, but just something to look at is the dimensions and the weight. The next one is where it starts to get a little technical, a little tricky and I’m not going to go too deep into it and overwhelm the beginners, but this is the different protocols that the ESC is capable of handling. So how do I explain this? Simply? The protocol is essentially the way that the ESC and the flight controller are communicating with each other.

So it’s basically the signal flow, that’s happening between the two and there’s different methods and different speeds at which these can run. So when I say speed, what I mean is the way that the ESC and the flight controller are working. Is it works in a cycle, so it’s kind of looking at? Where is the drone or what’s the status that’s going on? What Corrections need to be made? Do I need to speed up these motors or slow these motors down and then it gives that correction and then it repeats over again.

So when you have a faster protocol when paired up with a fast enough processor on the flight controller, this is what’s going to make a huge difference in the way that the drone flies when it can very quickly make these little micro adjustments and do it without Adding too much signal noise or being harsh on the system, this is what’s going to give you a really smooth flying drone. The two main protocols you’re going to find our one shot and D shot, there’s a little bit more to it.

There it’s actually one shot. 125 and then in the D shot realm, you’ve got D, shot, 150 D, shot 300, 600 and 1,200. Essentially, the different numbers mean it’s a shorter pulse-width and essentially a faster refresh rate. At one point, one shot was like the bee’s knees. This was a big advance in the way that the protocols are communicating with the flight controller. But at this point it’s a bit outdated, pretty much any current ASC you’re going to want to use D shot.

So what de Chatillon call a big advantage to having a digital protocol is there’s more commands that you can send from the flight controller to the speed controller. So the two huge things that I use and a lot of pilots are going to take advantage of. Is one is, you can use your actual ESC to send a signal to the motor to be a beeper? So when you plug in your drone – and you hear those beeps – that’s actually the ESC, sending signals to the motor and the motors what’s actually making those tones and with D shot away you can take advantage of that is the motor can become your loss model beeper.

So when you crash and you’re not sure where you went down, you don’t know where the drone is having D shot, enables you to flick a switch on the radio and the ESC will make that motor make a beeping sound. So it makes it easier to find another big one that comes in really handy is turtle mode. So what turtle mode is? If you crash upside down using D shots communication abilities, you can tell the ESC.

I want you to take two of those motors and reverse the direction, so when you give it an input, they’re going to spin backwards and you can actually flip the drone over aside from it flies better. Those two features alone would be enough that I would definitely recommend you may as well just go for disha the difference in price between older one shot and the cheap, Disha ESC is very negligible. So at this point I would at least get something that has disha aside from that.

The next sort of advancement that came along with ESC s is having a 32-bit processor on them. So the pretty much best of the best you’re going to find right now is a D shot 1200 with a 32-bit processor. Having that 32 processor is just going to open up more features that a ESC is going to be capable of doing so now with the 32-bit, you can pull in telemetry information from your ESC, so you can know exactly how much current that each one’s pulling you Can know the RPM of the motor, you can also add and modify the tones that it’s going to play when it starts up, which is you know, some people have a lot of fun with that.

It’S not a huge deal, and it’s also just going to be more future-proof. More features that come down the pipeline are probably going to be created for the latest tech that we have and then the last main spec that you’ll see is whether or not the ESC you’re looking at is an individual or a four and one, and then in The four and ones you’re going to have different sizes, so this is a 30 by 30. They also make them in twenty by twenty, and I think also sixteen by sixteen so depending on which size of drone you’re intending to build that’s going to play into which size ESC you need.

You would probably want to go with the smallest one available, but you also need to make sure that it can handle the current and the input voltage of what you’re trying to build around now for some considerations when you’re picking an ESC, the first one would be Whether or not you’re going to go for a 401 or individual ESC, they both have their pros and cons. I kind of already went over this when I did the gear overview article, but we’ll do it again here, four and one.

Obviously it’s less parts to bahi. Only need one you don’t need to buy four of them. It’S going to be a little bit more compact, a little bit less weight because there’s a lot less wires. Speaking of the wires there’s a lot less wires to solder to because on an individual ESC, you’ve got four wires coming off the top and you’re going to solder three to the bottom and you’re going to do that four times, whereas with a foreign one there’s just Going to be the three motor wires need to attach for each motor and then the rest of the wiring is just going to be in a wiring harness that usually will just plug right into your flight controller.

So a little bit easier to build over here, but the upside of a individual ESC is, if you have a problem with an ESC, you only need to replace the one. That’S gone bad, whereas with a foreign one. If you have any issues, you’re replacing the whole thing, so in some cases it can be a little bit cheaper to go with a foreign one a lot of times. The price of these is less than if you were to add four of these together, but not always, and not always in the long run, when you’re replacing them.

Another thing to think about is the different sort of ecosystems of es es, so you’ve got BL heli or BL Holley 32. That’S the 32-bit version of BL heli. This is like the widest arrange and probably the most common one you’re going to find out there there’s tons of different es es available in BL heli. Next, you have kiss when you’re looking at kiss es es. It’S not like ble ble, at least the original vo heli was an open-source project, so any company can make an ESC hardware that ran with the BL heli software, whereas kiss is closed source.

So the only kiss hardware you find is kind of all within that same company and family of KISS. So, there’s not a hundred different es es out there that are kiss software compatible, it’s just whatever kiss is making, but the upside of kisses they’ve always been known to be very high quality and perform really well downside, being they’re, also a lot more expensive than a Year, normal BL, heli or BL highway 32 ESC.

Another thing to think about as far as kiss goes is: they also have their own flight controller and their own flight control software. So that’s kind of why I say it’s like an eco system. Typically, if you’re going to go for kiss you’re going to go kiss flight controller and ESC s and you’re going to like stay within that, it’s kind of like going Apple versus Android and then the other one that you’ll find is flight one.

I pretty sure flight. One ASCS are the same as what BL heli runs, but still just thinking about the ecosystem, it’s more of their flight controller that has its own hardware and software and similar to kiss it’s closed source. So you don’t find just random companies making flight one products. It’S the flight, one company, they make their own things and, like I said I do believe there is CSR kind of run, the same hardware as any Bill.

Helia see, and you can also use Bo heli es es with their flight controller. But it’s just something to think about of staying in the ecosystem. I think a lot of people who are going to use their flight controller will probably pair it with their ESC because they know it’s going to work well together, it’s been developed that way from the company. Another thing to think about is wiring and pin outs.

So, especially if you go for a four and one like I said, there’s usually a wire harness that comes off of this. So it’s going to be, like you know, six or seven wires that all go into one harness and some in some cases you can just plug that directly into a flight controller. But the problem is: there’s not a standard, so not every foreign one and every flight controller are going to be pinned out the exact same way.

So it’s usually a smart idea to buy it as a bundle by one companies, four and one ASC. That goes with their flight controller. That way, you know you can just plug it right in if you mix and match you need to look at the diagram of the ESC and the flight controller, and then you just look across and you make sure that they match. If they don’t match, what you need to do is pull the pins out of the harness and rearrange them so that they’re correct for the opposite end and then, with individually SCS.

The only thing to think about really with wiring. Sometimes the ESC is going to come with the wires already on it. Sometimes it’s not. They call it like naked. It won’t come with any wire, which is not a huge deal wires, pretty easy to come across. It’S just good to know whether or not your ESC is or is not going to come with wire. That way, you don’t get all your parts you’re excited to build, and you realize oh there’s no wire on the ESC s and now I have to order wire and wait before I can even build the thing so wiring harnesses and whether or not a does or Doesn’T come with wire, it’s another thing to think about, and, lastly, there’s price there’s definitely a range of different prices and speed controllers and there’s a ton of them out there.

Like a lot of things that I recommend, I would say, shoot for middle of the road. If you’re a beginner you’re not going to need the most expensive and the most advanced and feature-rich ESC to get flying, but you also don’t want to get the cheapest one you can find either you don’t want it to burn up or fail on you. You don’t want to have poor flight performance. The main thing is: get an ESC that has the current capability that you need for your drone, make sure it can handle the voltage that you’re going to put into it and, at the very least, get one that can do.

Disha 600. That’S going to enable you to have a beeper do turtle mode and it should perform very well, so that’s going to do it for es es. I hope this was somewhat informative. I know I didn’t go into too much detail on this, but, to be honest, I’m not an expert on how es C’s worked and for a beginner. I really don’t think it’s important to go into all the details of all the different protocols work and the hardware.

That’S on the ELC there’s a wide variety of es es that will work for you, so once again go for a middle-of-the-road price point, make sure it has D shot and it can handle the current that you need. That’S all this really going to matter for a beginner drone pilot. So with that thanks for reading – and this has been learn to fpv


 

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3 INCH OCTOCOPTER?!? | You Build It We Fly It!

Are you excited, I’m sure, let’s see what, if I, what what okay? So it’s like a quark, so it’s two quad copters [ Laughter, ], some octo, a three-inch octo, but like half of its turned upside down, so the props can interleave, hey, guys, welcome to wrote a riot, I’m Loretta and now expand over today we are going to Be trying out a really weird drone, so this is something that was sent to Joshua Bardwell to check out.

He brought it here for us all to fly together. It was built by a guy named Victor, it’s his own, weird brainchild. So the idea is that this guy is going to sort of split the difference between a three inch and a five inch right. It’S not like your typical off to college. Rather, it’s like actually eight motors, like all facing up the same way. Half of its turned upside down, the other half is right right right, it’s got we had to offset plates and then the it’s it’s set up so that the prop disks overlap, because some of the motors pointed up at some point.

It’S super different, really weird, but kind of Awesome, yeah design. This is probably the weirdest drone that we’ve gotten to check out so far. I would say so yeah. So this is you build it. We fly it so he’s going to fly the octo first. Thank you. Wow he broke that Tommy’s hex the throttle, because Larry you’ve lost your pride. I want, I won’t crush it I’ll. Take it really easy there. You want car bells going.

First, no, that’s fair! Vincent did reach out to you and drew is a freestyle pilot. I’M sorry that I’m the only one that actually pushes it it’s so interesting. I did a flip. Oh no, he’s right he’s right. I crashed a lot less, but I also do a lot fewer. You impress the trick I like to take my quads home Andrew. Does it I just oh yeah, I mean I’ll fix them. That is so weird because it sounds like a three end.

Flip that thing Wow, not a lot of press coming down. Let’S do it again everything boogies now is this his chin I’ll make it up like this? No, no rough life, the ark that we’re flying today is actually on clean flight yeah. It’S not a beta fight or flight one or kiss, or anything it’s on clean flight, which I was a little bit surprised his tune and everything, though that’s the biggest thing. They may be that light features yep.

My big Victor set this up on clean flight because I think was the only one that is using that he could get eight outputs. You have to seal racing, you only get eight outputs and it is made for clean play, probably fix the rates. So I’m really impressed, especially with the handling it didn’t, feel slow. It picked up speed a lot had good handling and really good battery life and we’re flying a 1304 cell, which is you would we have your motors to? You would never fly that on, like a baby on three edge it’ll be way too heavy.

No, it looks pretty good for a good flight tests are using the same battery. You get use on a five inch flight time. Here is four minutes left 50m, where we’re resting at fifteen three, so I mean we could probably do I’m sure first impressions. What do you think when you flew it? It was different. It was. I was surprised first on how long it flew. I was really expecting. Yeah you’re going to be more inefficient.

I thought it was going to have like half the flight time of a five inch quad. It actually flew longer than some of my five inch wasn’t or about the same comparable times it had a lot of control yeah the biggest. It was the yaw authority, because there were so many motors. There was a lot of things that could spin up or slow down to get that because he all worked weird right. It spins up and slows down motors and uses that angular acceleration of the motors to counter spin them yeah.

It was a very locked and yaw feeling, and on top of that, it flew really good. It flew kind of like a five-inch resaw quad. It definitely didn’t carry it to momentum as well as a heavier quiet, even though the way no I’d be the same yeah, which was weird because it yeah felt like it would weigh the same. She thought it would toss right way, but it didn’t it kind of no in the throttle was low. Lighter did you think it felt it felt lighter in a white, but the throttle Kerr was a lot different as well.

It felt like you’re there’s really not much going on down low uh-huh, just kind of nice. You were trying to cruise down low and keep your line smooth, but then all of a sudden, the top and that thing is really really powerful. Well, actually, so then we started wondering: is it going to be faster than one of our five inch quads? So so we’ve kept my free stock quad with a GoPro up against the octocopter without the GoPro I don’t know exactly who won.

I want to say. I won but here’s the thing I definitely as I’m bad at going in a straight line because you would actually go and I would go up all this and what I noticed was at first. Your quad was faster. I was shocked, but it did seem faster. I would see you in front of me and then I think what happened was your battery would start sagging a lot more than my I did have battery sack and I we were using the same brand batteries it wasn’t it wasn’t the bad.

You know it’s the same battery, but I think that your your drone, the the 3-inch doctor after there’s, less amp, draw it’s not just pumping out thrust in four motors, it’s kind of less amps but two more points which God it doesn’t make sense it should. It should be, it should either all be the same. I still was make sense. I figured the octocopter would be way more inefficient, eight motors that sounds like more amps, and on top of that, because the props overlap each other, you should be losing efficiency yeah.

I noticed and notice with the freestyle too, I was able to do pretty long flights and it felt really consistent throughout the whole flight. In fact, I flew a little bit too long and over discharged all of a sudden yeah they’re, like oh, no you’re, dynamite, 14. Volts whoops, so you took the GoPro off and you went to just do some all-out ripping? Yes, Oh keep up with what you’re doing well as a spectator, you found the prop wash racist, trying to do as many corners as possible because, honestly, in a straight section, the speed felt a pretty pretty similar to my 5 inch claws and when I noticed the Corners is the control was really really good, but there’s almost terrified.

How did you do that? It just accelerated so fast? I was solving around the trees as fast as I could find going around a tree or something I’m trying to 180. If Ike the five-inch cloth kind of carried some Linton through, so it takes longer to stop it and then Rick’s are in the next direction. What was scary and awesome about the octocopter and I would stop, and they would just stop me there – it start it straight in the next slide.

I understand he reacts that fast. I just caught it Brent yeah. I clipped a branch as you’ll see in the DVR clip these branches. Turning in – and I I mean it flung me into the ground pretty good, but like not more than a five inch quad way it was moving, but not that bad. A five inch would have to that wasn’t going to take. It was moving like two arms yeah. You broke 25 % of this drone. The problem is because it’s a unibody as well.

It’S a lot harder to fix, wait and did you break one on each yeah? Yeah you’ve complete that’s 100 % destroyed, actually because there’s two unibody is that drone is 100 % destroyed. That is way way worse. Alright, by the way worse Jimmy, you can’t even feel the motors feel the motors, oh geez, that is nice and that’s not easy. It’S pretty hot they’re, really hot. I was just pushing it really hard, because I want to see how it would take a crash as well, and it was kind of fun to fly out of my comfort zone a lot.

It’S really really nimble. It’S really really fast. Do I like it more than 5 CH what I mean I’d like to until that, so I think what we could say is that if you race as hard as Alex Vanover, this might not be the frame for you. No definitely not. This is going to take a lot of words. It’S got a lot of potential, all right like it’s. It’S really. I think like on a on a course like this, where you have a lot of tight sections, but also a lot of sections where you’re going.

You know we talked about the prop wash and I wanted to address that. It looked like there was more props in like a tune, 5 inch, quad or something would have, but I have to note that it was turning a lot faster you through it. So I think, what’s happening is it’s turning so fast? It’S that’s a whole nother level of propwash that we haven’t got into it. Yeah in bracelet. You think it’s turning faster than you can turn your five inch quad.

I don’t think I can turn a five inch car around that fast, really, oh yeah. So there is a performance advantage. There is a performance advantage and there’s also the disadvantage, because it’s not because it seems lighter still than a five inch quad a five inch quad through us basics long will carry someone winsome a lot through this quad. I was. If you read the you VR, you can see it, I’m like forcing it through the slalom like pitching down into the psalm, to get it to keep going, keep the speed up.

So I really hope you guys enjoyed that. Actually I enjoyed flying it as much as I’m giving you crap for you being the one that broke. It look further, really record when you broken it, because you were going, it was all van over to frame. I hit this tree branch of actual well like I said this is just a passion project of a guy. It is pretty, it is pretty thin here, but let us say that for I’ve never seen anything like this before and for what it is.

It’S really amazing. I’Ll say this is really really great in and just because the first pass doesn’t stand up to the node and over full stand. Durability. There’S a lot. I don’t one I’m going to build one. We just tend to get so stuck in our our ways of life. Five inch quad five inch quad five and we don’t experiment yeah. I like I like experimentation me will that’s where that you build it. We fly it.

Series comes in Hindi. Absolutely, if you guys want us to fly something weird, send it our way and we are happy to just crash it. I mean thank you guys so much for reading this episode, thanks to Vincent for sending this awesome quad for us to fly and destroy, and if you enjoyed this episode, leave us a comment down below. Let us know what you would like to see us build. What we’re drunk, what we’re drone, would you like to see us to have sent to us what we were drawing? Would you like us to try and get a hold of and guys be sure to check out the rotor ID store link in the description down below alright guys, i’m Latrobe, I’m just Rivard? Well, I’m Alex fan over.

Are you guys for joining and we’ll see you next time?