Jordan Harbinger talks to Jason Hartman about his experiences in North Korea and shares a little bit about what you can and can't get away with. There's a lot of bad press about North Korea and he says that if you really dig a little bit deeper, there isn't much to worry about. He encourages everyone to at least consider taking at tour there and learning for themselves what it really is like to be on another planet. 

Key Takeaways:

4:10 – North Korea is incredibly safe, you won't get kidnapped, and it is actually a very interesting travel experience. 

11:20 – It's about $2,000 to $3,000 total trip cost including plane, hotel, food, and more. 

16:10 – There are certain things that the Koreans just won't let you bring into the country depending on the day.

17:45 – There are very few churches in North Korea and, according to Jordan, they don't really go to church. 

22:00 – When you leave the country, you're left with a lot of thoughts and questions about the North Korean system and the people who live there, which is why it makes for a very interesting place to explore. 

Mentioned In This Episode:

http://www.howtogotonorthkorea.com/

http://theartofcharmpodcast.com/

Jason Hartman sits down and talks with Jeff DeGraff, professor for the University of Michigan's Ross Business school and an expert in innovation. He has a new book coming out called, “Making Stone Soup: How to Jumpstart Innovation Teams” and has helped grow world leading corporations such as American Airlines, General Electric, and Coca Cola by using his Competing Values Framework system.

Key Takeaways:

1:30 – There are a lot of challenges in innovation when it comes to a team setting, this is why Jeff wrote his newest book - Making Stone Soup.

4:30 – Innovation is created through conflicting ideas and through that, the development of new hybrid-ideas.

7:10 – Forget the 80/20 rule. Innovation uses the 20/80 rule.

11:40 – Patents are more incremental now than ever before. Is this because 'everything has already been invented'?

14:50 – Millennials have a radically different social view and this is why you're seeing a slight shift in the market and less patenting. A different type of innovation is being created.

18:40 – There are four things that make innovation happen. You need a high quality target, surround yourself with experts, take multiple shots or tries on your goal; fail often, fail fast, and learn; and the final step is to learn from your experiences.

25:00 – Never fix what doesn't work. Work on what does work.

26:40 – Before you start something, you have to stop something you're currently doing because we don't have the capability to do everything. Everything costs something.

28:00 – Remember as you're creating something, you will have to go through different versions. No one is perfect. Do version 1, get feedback, then work on version 2, and so forth.

Mentioned In This Episode:

http://jeffdegraff.com/

Jeff DeGraff's boosk - Innovation You, Four Steps to Becoming New and Improved, Leading Innovation,  and Making Stone Soup: How to Jumpstart Innovation Teams.

Good to Great by James C. Collins

Today’s Jet Setter Show features the founder and editor of Stray Reflections, Jawad Mian, as a guest. He and host Jason Hartman discuss the current and potential state of Dubai and the rest of the United Arab Emirates before moving on to consider some of the biggest consumer investment issues facing today’s society and looking at the future of bitcoin.

Key Takeaways

05.00 – A lot of the developments and changes happening to Dubai are to provide the desired lifestyle for the growing expatriate community there.

08.00 – Each of the Emirates in the UAE has different societal structures which lead to a different overall feeling of the country.

15.00 – Tourism remains one of the largest and most profitable industries in the Middle East.

17.20 – Transportation and particularly transportation of goods or consumer items is one of the biggest draws in oil reserves.

18.30 – In some ways, bit-coin seems attractive as an alternative currency, but the FBI and the IRS’s insistence that it is taxable property definitely alters some people’s view of it.

22.00 – The volatility of bitcoin as a prospective currency makes it particularly unattractive to merchants.

25.30 – The alleged main aim of bitcoin is to have an economy free from the government, but in the event of any incidents occurring, the only way they could get out from it is with government assistance.

27.10 – For more information about investing strategies and themes, head to www.stray-reflections.com