Welcome Back,

Hi there, good morning and welcome back to another business builder issue of The Wealth Wagon. I hope you week is ending off on a good note! Today we will be diving into another startup company with extremely high potential especially in today’s economy, maybe some things to keep in mind. We will also talk about the most recent tariff suspension. Enjoy!

— Ryan Rincon

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The Business Builder

Daily News Updates:

Global Markets Rally as President Trump Announces Temporary Tariff Suspension

In a surprising move, President Donald Trump announced a 90-day suspension of newly imposed tariffs on numerous countries, aiming to ease escalating trade tensions. This decision led to a significant surge in global markets, with the S&P 500 and Nasdaq posting notable gains. However, China remains excluded from this suspension, facing an increased tariff rate of 125% on its exports to the U.S. ​

Former UK Prime Minister Calls for 'Economic Coalition' Against U.S. Tariffs

Gordon Brown, former Prime Minister of the United Kingdom, has urged the formation of an "economic coalition of the willing" to counteract the impact of U.S. tariffs. He emphasizes the necessity for coordinated global economic policies, including interest rate cuts and fiscal activism, to address the challenges posed by the U.S.'s recent trade measures. ​

U.S. Regional Banks Brace for Impact Amid Tariff Uncertainty

Regional banks across the United States are preparing for potential financial strain as ongoing tariff disputes introduce significant economic uncertainty. Analysts predict that these institutions may face challenges related to loan growth and credit quality, prompting a cautious approach in their upcoming financial strategies. ​

U.S. Treasury Market Experiences Volatility Following Tariff Announcements

The U.S. Treasury market witnessed notable fluctuations, with the 10-year Treasury yield experiencing sharp movements. This volatility reflects investor reactions to the recent tariff developments and the broader implications for economic growth and inflation expectations. ​

Small Business Confidence Wavers Amid Trade Policy Shifts

Amid the evolving trade landscape, small business owners express growing concerns over the potential impact of tariff policies on their operations. Uncertainty surrounding supply chains and cost structures has led to a more cautious outlook within the small business community.

Today’s Startup Spotlight:

Also, Inc. is a micromobility startup that spun off from Rivian Automotive in March 2025. The company focuses on designing and developing small, lightweight electric vehicles for urban transportation.

With an initial funding of $105 million from Eclipse Ventures, Also, Inc. aims to launch its flagship product in early 2026, targeting both the U.S. and European markets. The micromobility market is projected to reach $200 billion by 2030, with current market saturation around 35%, indicating room for growth.

Startup Score of: 7.4/10

The startup success rate remains at approximately 10%, reflecting the challenges in this sector. Estimated startup costs for similar ventures are around $2 million, considering R&D and initial production. Given these factors, the startup scores a 7.4/10 for its innovative approach and market potential.

Growth Hacks

Leverage Strategic Partnerships:

Collaborating with established companies can accelerate growth by providing access to new markets and resources.

• Identify potential partners whose products or services complement yours.

• Negotiate mutually beneficial agreements to share resources or co-develop products.

• Example: A health tech startup partnering with local clinics to pilot their new telemedicine platform.

Implement Data-Driven Decision Making:

Utilizing analytics can help in understanding customer behavior and optimizing operations.

• Invest in analytics tools to track key performance indicators.

• Regularly review data to inform strategic decisions.

• Example: An e-commerce business analyzing purchase patterns to optimize inventory levels and marketing strategies.

Sales Masterclass

Active Listening:

Understanding the customer's needs is crucial. By actively listening, sales professionals can tailor their pitch to address specific pain points.

• Example: A software salesperson noting a client's frustration with current solutions can highlight how their product resolves these issues.

Storytelling:

Crafting a narrative around the product can make it more relatable and memorable.

• Example: Instead of listing features, a salesperson shares a success story of how the product helped a similar client achieve their goals.

Key Tip For Business

Business Marketing 101

Host Educational Webinars:

Position your company as an industry leader by sharing valuable knowledge.

• Choose relevant topics that address common challenges faced by your target audience.

• Promote the webinars through social media and email marketing.

• Outcome: Builds trust and authority, leading to increased brand recognition and potential leads.

Want to be the most intelligent person in every room you go in?

Knowledge start with what and who you know. To help you out a bit here are a few newsletters The Wealth Wagon team reads to stay ahead of the curve:

Eric Seto Investing - Investing for people 45-65 who are looking for a faster retirement, investing made easy - Take A Look→

Elxis - Market updates, tips and tricks, new property listings and trends in real estate markets - Take A Look→

Boardroom - From NBA star Kevin Durant and entrepreneur Rich Kleiman, Boardroom is a media network that covers the business of sports, music, and entertainment.- Take a look→

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Key Takeaways:

• Also, Inc. is innovating in the micromobility space with a focus on lightweight electric vehicles.

• Strategic partnerships and data-driven decisions can significantly accelerate business growth.

• Customer retention is cost-effective and vital for long-term success.

• Active listening and storytelling enhance sales effectiveness.

• Hosting educational webinars can establish authority and attract potential customers.

• Unique ideas are less critical than effective execution; success typically requires sustained effort over time.

That’s All For Today

I hope you enjoyed today’s issue. If you have any questions regarding today’s issue or future issues feel free to ask. Come back tomorrow for information on how to grow your income and wealth. I hope to see you.

Knowledge:

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Disclaimer: This newsletter is for informational and educational purposes only and reflects the opinions of its editors and contributors. The content provided, including but not limited to real estate tips, stock market insights, business marketing strategies, and startup advice, is shared for general guidance and does not constitute financial, investment, real estate, legal, or business advice. We do not guarantee the accuracy, completeness, or reliability of any information provided. Past performance is not indicative of future results. All investment, real estate, and business decisions involve inherent risks, and readers are encouraged to perform their own due diligence and consult with qualified professionals before taking any action. This newsletter does not establish a fiduciary, advisory, or professional relationship between the publishers and readers.