It may be tempting to think of services such as AirBnB, Lyft, and eBay as nothing more than a layer between customer and supplier. That all they’ve done is created tools that allow for more efficient transactions between members of a marketplace. E.g. Suppliers get payment processing taken care of and easy access to customers.
Passion is unchecked, uncontrollable emotion. Being passionate about a craft, for example, means having an unwillingness to let go and allow room for anything else. It means being blind to the world around except for the one true love. An attraction that is uncontrollable. It’s selfish and potentially destructive. Here’s an example: Say someone is
Payless shoes recently opened a popup store under the brand “Palessi,” positioned as a luxury an elite shoe store founded by fictional designer Bruno Palessi. Shoes that would have cost $30 were relabelled and priced as high as $1,800. At an private, invite only event, shoppers were given the opportunity to be the first to
From How to Game the App Store: Because the iPhone home button serves as a sort of universal back button, a panicking iPhone user is likely to hit the home button when trying to get out of something. Unfortunately, on iPhones with Touch ID, the home button is also how you confirm a purchase. So
Facebook and Twitter are built around the truth that attention is limited and so therefore it can be sold, bought, and traded. When someone opens the Facebook or Twitter app they’re saying that this is the best possible way they can be spending their time right now. This strengthens their product. But there’s an opportunity
Pessimism means wishing you’d do things that will make your future better. Optimism means wishing you’d do things to make your present better. If one thinks there is little future left, that they may die soon, or if the reality of death is top of mind, then they will look back and wish they had
Here are some dire facts about Massive Open Online Courses (MOOC): The average rate of completion is 4%. Most people fall off in first two weeks. 50% view only a single lecture. 80% who sign up have college degrees. Even though there is no academic credit for completing a MOOC, people still cheat and plagiarize.
Affirmations say, “you’re amazing.” Acceptance says, “you have everything you need to become amazing.” Affirmations say, “you’re rich.” Acceptance says, “work hard and you’ll become rich.” Affirmations say, “you didn’t fail the exam.” Acceptance says, “you failed the exam but you’re going to figure out why and figure out how you can ace the next
Is this copyright infringement? What if 524 other people each photograph and independently share online a different page from the same book? What if someone then shares a link on their blog to each of those pages? If an author’s main goal is to make money from their work, then this may incense them. If
The legend of the Gordian knot According to ancient Greek legend, a poor peasant named Gordius arrived in Phrygia riding an ox cart. Before his arrival, an oracle had proclaimed that the next man to entered the kingdom on a wagon would be made king, and so Gordius was crowned. To thank the gods, Gordius
According to a study by CB Insights 42% of new businesses fail because there’s “no market need” for what they’re offering customers. “Tackling problems that are interesting to solve rather than those that serve a market need was cited as the No. 1 reason for failure, noted in 42% of cases.” – The Top 20
The formula is not “if this, then that.” It’s “because this, then that.” When deciding on what to create next it’s tempting to think, “if we build this feature, we’ll make customers happy.” Unfortunately, this rarely works out in your favor. What you want is, “because so many people like this feature, we should double
Here are two ways of describing pinball: 1. It’s an arcade game where you use flippers to bounce a ball around a wooden box. The goal of is to get as many points as possible. Sometime you win a free game and you get to bounce the ball around a wooden box all over again.
When people buy an Android phone, they’re not buying an Android phone. What they’re doing is NOT buying an iPhone. They’re buying the feeling they get when they whip out their Galaxy 9 in a group of iPhone users. It’s the moment they get to describe the camera and storage and screen specs and why
Toyota Corolla Here is a panel of switches on the door of a Toyota Corolla. There is a square button at the top right, next to the door-lock button, that confuses me. The image on the button appears to be a car door with an ‘X’ through the window. And there is a red band
Kids are put and encouraged into catatonic states, via drugs or use of technological devices such as phones and tv. Decades ago kids played outside and were active and played. Now if they’re hyper we say they have ADHD and drug them up like they’re suppose to act like 50 year olds. We legalized marijuana,
Visceral, behavioral, and reflective response and memory. If we have positive visceral response but the behaviorally experience is poor our reflection has to weigh the two and decide what kind of experience it is we had and what we’ll have in the future. Visceral response is important. Look at method soap. It was created to
When Milton Friedman, while visiting china in the 1960’s, questioned why workers were given shovels for a development project. When given the answer that they were hired as part of a “jobs program” he questioned, “why not give them spoons then?” (People fear and slow and prevent technological advancements to their detriment. There is a
Respect the elders. Give your team vision and purpose. This can be done by presenting the past accomplishments of ancestors as good achievements, but still too short of greatness; that it’s their time, here and now. Followers follow out of self-interest. Keep their interests met. Give them good health and good morale. Leadership is not
Principles by Ray Dario • Amygdala vs prefrontal cortex. These are the two “yous” battling it out. The amygdala reacting without thought protecting you from embarrassment or shame. The prefrontal cortex providing reason and logic. With time and effort you can get these two working in symbiosis. • The goal of a disagreement should not
Notes and thoughts on this thought provoking, and motivating, book: “This book is far from all good news.” Two jobs in the future: Are you working with computers, or can they replace you. Foxconn to increase the number of robots in its factories one hundred fold, getting them to one million robots. “There is not
Every page contains an old world charm (and sometimes sexist) wrapped nugget of gold. Here are just a few: Education is everywhere, free for the taking. Haul away every drop you can for everything else is screwed down tight. The core of anything must be sound. If the core of a pig is no good,
• Problem space vs solution space – solution space is product and product design and development. Product lives in the solution and is the solution customer needs live in the problem space • Author uses story of space pen vs Russian pencil as an example to not just jump to the solution stage. This is
Notes from To Sell Is Human: The Surprising Truth About Moving Others by Daniel H. Pink. – We all sell- sellers and buyers have access to roughly the same info. Buyers are not as informed in and idealized what experts think, but the balance has shifted. – Anyone can master the basics of moving others.
Do work that’s hard. Push through until it’s done. Most people stop half way through, telling themselves it’s plenty for now, or they just can’t do anymore. But push through. Go to completion. Set goals and go. Freeletics has created a near perfect tool for getting you to push through. Complete 5 sets of 30