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🚨 Josh Johnson breaks down why proper journalistic research still matters after Nick Shirley incorrectly amplified a story about Minnesota child care fraud 👀 Josh explains how quickly misinformation can spread and why following the right procedures when reporting stories is more important than ever. 🎙️📰 Check out the...

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🚨🇺🇸 NICK SHIRLEY INVESTIGATES MINNESOTA BUILDING WITH 22 HEALTHCARE COMPANIES: "ESTIMATED $30 MILLION IN FRAUD" Same building. Same business model. Door after door after door. Nick Shirley visited a Minnesota building housing 22 home healthcare companies, all providing essentially the same services, all collecting government money. What he found: Multicultural Home Care. Reliance Recovery Center. Mercy and Grace Care, Inc. Serenity Quality Care. Convenience Home Health Care. Queenley Home Health Care. Aid, Inc. Child Friendly Space. And more. All in one building. Shirley's question: "Why would you have the same company essentially inside of the same building door to door? If you were trying to operate a business, you'd want less competition." When he asked about fraud, things got tense: "As soon as you confirm about the fraud, they get angry." A source explained the scheme: "False documentation being submitted to the state of Minnesota for services never provided. They're having forms signed in advance for services never rendered, as far as a year or two years in advance. They'll have someone sign these forms at one sitting, then file those with the state. Nobody from the state bothers to check that those services were ever provided." On the closed community: "Everybody's in on it, and they don't want to talk." The estimate for this single building? $30 million in fraud. And that's "a very low estimate." One building. $30 million. How many more buildings are there? Source: Nick shirley Eric Daugherty

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Sequoia founder Don Valentine: “The art of storytelling is incredibly important” “The art of storytelling is incredibly important. And many—maybe even most of the entrepreneurs who come to talk to us can’t tell the story. Learning to tell a story is incredibly important because that’s how the money works. The money flows as a function of the stories.” The founder of Sequoia founder explains that the story is how you explain what you want to do, how long it’s going to take, who the competition is, and how much money you need. a16z cofounder Ben Horowitz shared a similar view in a 2014 Forbes interview: “Storytelling is the most underrated skill… Companies that don’t have a clearly articulated story don’t have a clear and well thought-out strategy. The company story is the company strategy.” He continues: “The story must explain at a fundamental level why you exist. Why does the world need your company? Why do we need to be doing what we’re doing and why is it important?… You can have a great product, but a compelling story puts the company into motion. If you don’t have a great story it’s hard to get people motivated to join you, to work on the product, and to get people to invest in the product.” This is the job of the founder and CEO: “The CEO must be the keeper of the story. The CEO is responsible for getting the story right, that it’s up to date, compelling, and can move the hearts of men and women. That’s the fundamental responsibility of the chief executive… The mistake people make is thinking the story is just about marketing. No, the story is the strategy. If you make your story better you make the strategy better.” Video source: Stanford Graduate School of Business (2010)

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