In an interview Netflix CEO Reed Hastings said: “We took out our spreadsheets and we figured we’d get 14 megabits/sec to the home by 2012, which turns out is about what we will get.” So what does his spreadsheet tell him about the next ten years? “If you drag it out to 2021, we will …
Single Operated Newsletter – Moore’s Law Can Help Make You Rich… Read More »
The main source of new fortunes now is starting companies. People get richer from starting companies now than they did in 1982 because the companies do different things. By 2020 the biggest source of new wealth was what are sometimes called “tech” companies. Of the 73 new fortunes, about 30 derive from such companies. These …
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Yes, every other YouTube video ad is applauding the advantages of starting your digital ad agency and all the money you can make. Initial Problems Include:Some agencies focus on a particular industry or vertical. Most, however, work with clients in a variety of markets. That means that they won’t have the level of knowledge you …
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Compared to almost all other animals, we humans have disproportionately large brains for our size. Our supersized cranial contents probably provided an advantage during our evolution as a species. Smart creatures presumably could have outwitted predators and outmaneuvered prey, keeping themselves fed, uneaten, and winners in the biological sweepstakes to pass on their genes. When …
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The Domino’s pizza chain will begin using Nuro’s R2 to make Houston deliveries.In our example, the middleman is a social media platform. But what many often forget is that Domino’s is ultimately a “tech company”. “Technology”, in this context, has come to mean primarily electronics-based technology. This can include, for example, business relating to digital …
Single Operated Newsletter – Pizza Delivery via Driverless Vehicles? Read More »
What is the middleman?A person, or company, who helps two people or groups to deal with and communicate with each other when they are not able or willing to do it themselves. In our example, the middleman is a social media platform. What is a Social Media Platform?Social media is a computer-based technology that facilitates …
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What is a social media Influencer?An influencer is someone who has: the power to affect the purchasing decisions of others because of his or her authority, knowledge, position, or relationship with his or her audience. a following in a distinct niche, with whom he or she actively engages. But many influencers are losing their platforms …
What is Flow State?In positive psychology, a flow state, also known as being in the zone, is the mental state in which a person performing some activity is fully immersed in a feeling of energized focus, full involvement, and enjoyment in the process of the activity. Mihaly Csikszentmihalyi defines this state as, “Concentration is so …
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Often new freelancers get stuck on the idea of ‘freedom’ of working for yourself and coming and going as they please. There’s no boss to answer to. But there are some significant disadvantages: Your cash flow may be inconsistent. You are constantly looking for new work. Once you get new work you are busy servicing …
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There are several downsides to running a franchise, Price Tag – franchises can be expensive! There is also a royalty fee and other startup expenses involved. Rules and Regulations – you’ll be required to follow the rules, regulations, system operations, and directives of the franchise. Often you may not agree with these guidelines. Royalty Fees …
Single Operated Newsletter VS a Franchise – Which is Better? Read More »