810 Matching Annotations
  1. May 2021
    1. In viewing academia as a business, you should always give customers what they want, and this applies on two levels. First, always consider the demand for the research product. This is much easier said than done. Anyone can acknowledge that the customers are always right, but truly listening to them and extracting what they need is difficult, especially if you have your own personal desires with respect to the product (in this case, the research). Talk to the funding customer constantly. Second, most students are, in effect, employees, and the adviser is a boss who doubles as a customer. In some respects, your adviser will provide your pay cheque, or at least govern it. Thus, do what the customer requires. In addition, always consider your audience when writing and presenting. In the case of a thesis, the audience is your adviser and committee. Again, talk to the customers constantly.
    2. Anyone who treats research as a business tends not to be well received in academia, but they likely have the funding necessary to drive advances, and they may eventually be wealthy.

      There can be clear benefits to treating academia like a business.

    1. Derek Thompson. (2021, May 17). Weeks ago, Gov. Abbott made Texas the first state to abolish its mask mandate and lift capacity constraints for all businesses. So, what changed? Nothing. There was ~no effect on COVID cases, employment, mobility, or retail foot traffic, in either liberal or conservative areas. Https://t.co/M8aeKOKJuP [Tweet]. @DKThomp. https://twitter.com/DKThomp/status/1394294260787261447

    1. Substack insists that advances are determined by “business decisions, not editorial ones”. Yet it offers writers mentoring and legal advice, and will soon provide editing services.

      Some evidence of Substack acting along the lines of agent, production company, and studio. Then taking a slice of the overall pie.

      By having the breadth of the space they're able to see who to invest in over time, much the same way that Amazon can put smaller companies out of business by knocking off big sales items.

    2. Record labels are another endangered middleman. They have historically taken care of turning a song into a hit, in return for an ongoing share of revenues. But more and more artists are going it alone. More than 60,000 new songs are uploaded to Spotify every day, most by bedroom-based rockstars who can use new online services to handle the logistics themselves. UnitedMasters, a music-distribution platform which bills itself as “a record label in your pocket”, recently raised $50m in a venture-capital round led by Apple. Tools like Splice make recording easier. Companies like Fanjoy take care of merchandise.And financing is getting simpler. One startup, HIFI, helps artists manage their royalties, paying them regularly and fronting them small sums to make up shortfalls. Another, Karat, extends credit to creators based on their follower count. Helped by such services independent artists took home 5.1% of global recorded music revenues last year, up from 1.7% in 2015, calculates MIDiA Research, a consultancy. In the same period the share of the three largest record labels fell from 71.1% to 65.5%.

      The same sort of dis-aggregation and disintermediation that has hit the publishing business is also taking place to newspapers, magazines, and music.

      The question is how to best put the pieces of the pie together in the best way possible. There's probably room for talented producers to put these together to better leverage the artists' work.

  2. Apr 2021
    1. We know the audience for such games is limited. In order for us to produce games up to our standards, we rely on a direct sales model. Our games are not designed for traditional distribution or retail channels. The vast majority of all copies produced will be sent to Kickstarter backers or to people who purchase games through our store.  This means we can spend many more resources on the game's physical production without having to worry about retail viability.
    1. Only the Starter Kit is available in this reboot. The Starter Kit is FREE, in order to distribute it as widely as possible. This goal of this Kickstarter campaign is to introduce Clash of Deck to the whole word and to bring a community together around the game. If the Kickstarter campaign succeeds, we will then have the necessary dynamic to publish additional paid content on a regular basis, to enrich the game with: stand-alone expansions, additional modules, alternative game modes..
  3. Mar 2021
    1. Nobody is unaware of Uber and Uber’s services. Hence, considering those services, any start-up entrepreneur, before thinking of starting a similar business, may have a doubt regarding the business model of Uber and revenue model of Uber
    1. Paywall success stories are a mix of specialized news, often catering to the ultrawealthy (WSJ), superstar news orgs focused on specific national and international news (NYT) or news with billionaire backstops (WP). The civic function of news is not met by any of these models. But reader-supported, open access news, like Canadaland and The Halifax Examiner are filling in the gaps. The co-op model is a most welcome adjunct to these success stories.

      List of business models for news.

    1. Loolu sa afeer la.

      C'est ton affaire.

      loolu -- that.

      sa -- your.

      afeer bi -- (French: "affair") case.

      la -- the (?).

    1. If you are a small business that just started, your requirements will be a lot different than those of big merchants. Then visit Loans Paradise for Small Business Loan in Hyderabad.

    1. These methods should be used with caution, however, because important business rules and application logic may be kept in callbacks. Bypassing them without understanding the potential implications may lead to invalid data.
  4. Feb 2021
    1. Business loans in Hyderabad is a debt instrument used specifically for business finance like funding the expansion of your business, purchasing long-term assets for the business, or meeting the working capital requirements. It has to be repaid according to certain agreed upon terms and conditions.

    1. Intuitively, you understand the flow just by looking at the BPMN diagram. And, heck, we haven’t even discussed BPMN or any terminology, yet!
    2. Trailblazer strikes when it comes to organizing business code.
    1. I started Trailblazer GmbH 4 years ago with my relocation from Australia back to Europe. One of our consulting clients is the central police department of a German state that has kept me busy for more than three years now.
    1. There are two definitions of ‘Enterprise’ 1 - Enterprise as a business. In fact, in French, ‘enterprise’ literally means ‘business’ 2- Enterprise as a large business. This is the most common use of the term in business, differentiating between small, medium, and large businesses. In this context, there is no official rule, however it is generally accepted for enterprise to mean companies with over 1,000 employees and/or $1B in revenue
    2. This would be the taxonomy:
    1. An endpoint links your routing with your business code. The idea is that your controllers are pure HTTP routers, calling the respective endpoint for each action. From there, the endpoint takes over, handles authentication, policies, executing the domain code, interpreting the result, and providing hooks to render a response.
    1. We use a subset of BPMN for the visual language in the editor, but added our own set of restrictions and semantics to it.
    1. Business Process Model and Notation (BPMN) is a standard for business process modeling that provides a graphical notation for specifying business processes in a Business Process Diagram (BPD),[3] based on a flowcharting technique very similar to activity diagrams from Unified Modeling Language (UML).
    1. And if you read what the business schools in the late 19th century taught like Simon Patten at the Wharton School, it’s very much like socialism. In fact, it’s very much like what China is doing.

      Interesting statement!

    1. A popular strategy for bootstrapping networks is what I like to call “come for the tool, stay for the network.” The idea is to initially attract users with a single-player tool and then, over time, get them to participate in a network. The tool helps get to initial critical mass. The network creates the long term value for users, and defensibility for the company.

      This is an interesting and useful strategy. I've heard the idea several times before.

      I'm curious if this is the oldest version of it? I have to imagine that there are earlier versions of it dating back to 2011 or 2012 if not earlier.

    1. the idea of decentralized business models. These are business models distributed across a blockchain network not centralized in a traditional corporation. They can be fully autonomous too, meaning no humans involved. There's big potential for true peer-to-peer models like ride-sharing without Uber as a middleman taking fees. Owners of driverless cars will someday be able to put their autonomous vehicles to work. So even the big disruptors can be disrupted by this new technology.

      Decentralized Business Models

    1. But the inverse trajectory, from which this essay takes its name, is now equally viable: “come for the network, pay for the tool.” Just as built-in social networks are a moat for information products, customized tooling is a moat for social networks.1 This entrenchment effect provides a realistic business case for bespoke social networks. Running a bespoke social network means you’re basically in the same business as Slack, but for a focused community and with tailored features. This is a great business to be in for the same reasons Slack is: low customer acquisition costs and long lifetime value. The more tools, content, and social space are tied together, the more they take on the qualities of being infrastructure for one’s life.

      An interesting value proposition and way of looking at the space that isn't advertising specific.

    2. Most business writing lacks a meaningful engagement with the question of whether the strategies, tactics, and trends on offer are good, in a larger and longer term sense. It is negligent not to address these questions.

      Very few businesses consider the long term effects of their work...

    3. A new business type here is the paid community: a direct subscription to join in. Today, most paid communities live on the outskirts of existing social platforms. But as they become normalized, paid communities are becoming a viable business model for smaller-scale social networks aiming to be both profitable and socially sustainable.

      paid communities

    1. A broad overview of the original web and where we are today. Includes an outline of three business models that don't include advertising including:

      • Passion projects
      • Donation-based sites
      • Subscription-based sites
    1. I wonder how much this mini-article about Twitter subscription services may have been in response to Galloway's article last week?

      Or will they, as he suggests they do so often, make a head fake to something they might do and then just do nothing (again)?

    1. Neither Snap nor Pinterest is free of issues, but to date, nobody has rallied a mob to attack the U.S. Capitol using tastefully curated photos of bathroom remodelings.
    2. <small><cite class='h-cite via'> <span class='p-author h-card'>jeremycherfas </span> in The Capitalist Case for Overhauling Twitter (<time class='dt-published'>02/08/2021 14:14:45</time>)</cite></small>

    1. We're small, but we're efficient. We can do with the number of people we have what would take twice the workforce of other companies. Everyone here wears many hats, and that allows us to cover a lot of ground without needing as many people.
    2. Not to mention 80% of our sales are laptops and desktops running, you guessed it, a Linux desktop. So, unlike Red Hat and Canonical, we live or die based on how good that experience is.
    1. It turns out that creating and using Free Software is not just good to individuals, but for businesses as well, for example by building upon publicly available components and by collaborating shared software. The term Open Source is a business-friendly rebranding of the Free Software concept. This line of thought was also widely successful, e.g. Firefox/Mozilla was an open sourcing of Netscape software.
    1. So what's the worst part? Well, if you're like most entrepreneurs, marketers, and salespeople... it's finding your potential clients' email addresses to reach them out. (Yawn... I almost fall asleep just writing about it.) You see, it's boring and time-consuming, you wish you could skip this part and go straight to the sales process.
    2. What's the best part about running a business? You know, it's closing the deals and counting the money.
  5. Jan 2021
    1. They oversaw the development of playbooks and operating models and revamped corporate processes around such principles as agile funding and mission-oriented initiatives. At that point, everyone on a mission shared the same targets and worked collaboratively in two-week sprints. The organization began to deliver results much faster.

      Results of business agility implementation

    2. Second, the leaders must drive agile behaviors broadly into the organization. This requires authentic belief in the behavioral changes required, as well as playbooks, processes, and support to enable the organization to work in a cross-functional, mission-oriented way.

      Business Agility driving change of behavior within companies, reaching out the overall goal

    1. We also have an “anti-overtime” rate: past twenty hours a week, people can continue to work at an hourly rate of 50 percent. This allows us to have a high hourly rate for the highest leverage work and also allows people to work more per week if they wish.

      anti-overtime... love it.

    1. There is very little academic and statistical study of Wal-Mart’s impact on the health of its suppliers and virtually nothing in the last decade, when Wal-Mart’s size has increased by a factor of five. This while the retail industry has become much more concentrated. In large part, that’s because it’s nearly impossible to get meaningful data that would allow researchers to track the influence of Wal-Mart’s business on companies over time. You’d need cooperation from the vendor companies or Wal-Mart or both–and neither Wal-Mart nor its suppliers are interested in sharing such intimate detail.
      • Difficult to study Wal-Mart because suppliers and partners won't talk.
      • Difficult to track predatory practices because of these tight-lipped partners.
    2. “Everyone from the forklift driver on up to me, the CEO, knew we had to deliver [to Wal-Mart] on time. Not 10 minutes late. And not 45 minutes early, either,” says Robin Prever, who was CEO of Saratoga Beverage Group from 1992 to 2000, and made private-label water sold at Wal-Mart. “The message came through clearly: You have this 30-second delivery window. Either you’re there, or you’re out. With a customer like that, it changes your organization. For the better. It wakes everybody up. And all our customers benefited. We changed our whole approach to doing business.
      • Wal-Mart argues that doing business with their strict standards makes the company better.
      • Delivery has a 30-second window!! Crazy
    3. Vlasic got to take it down to just over half a gallon of pickles, for $2.79. Not long after that, in January 2001, Vlasic filed for bankruptcy–although the gallon jar of pickles, everyone agrees, wasn’t a critical factor.

      Vlasic got into Walmart and was very popular.

      Wal-Mart forced Vlasic to sell their gallon of pickles of $2.97.

      Wal-Mart makes up so much of Vlasic's revenue that they have to comply.

      Vlasic eventually sells at that price but has difficulty keeping up with demand.

      Vlasic asks Wal-Mart if they can sell for $3.49 which can help so much. Wal-Mart declines.

      In 2001 has to file for bankruptcy even after trying to change strategies.

    4. How can it be bad for things to come into the U.S. cheaply? How can it be bad to have a bargain at Wal-Mart?’ Sure, it’s held inflation down, and it’s great to have bargains,” says Dobbins. “But you can’t buy anything if you’re not employed. We are shopping ourselves out of jobs.
      • Wal-Mart can help keep inflation down and give great bargins
      • This comes at the sacrifice of having local and American business go out of business.
      • No employment due to companies going out of business will mean we are "shopping ourselves out of jobs"
  6. Dec 2020
  7. Nov 2020
    1. A better definition I've been using since then, thanks to Jason Hwang, is "fixed output." A company that delivers the same thing to all customers is going to be organized differently than one that does things made-to-order.

      Fixed output companies

      A company that delivers the same thing to all customers. These companies are going to be organized differently than ones that do things bespoke for their customers.

    1. We all know that real business logic does not belong in the presentation layer, but what about simple presentation-oriented things like coloring alternate rows in table or marking the selected option in a <select> dropdown? It seems equally wrong to ask the controller/business logic code to compute these down to simple booleans in order to reduce the logic in the presentation template. This route just lead to polluting the business layer code with presentation-oriented logic.
    1. hub.cards allows you to create and design your next modern business card for free. Our newly developed editor is like no other on the web and makes all your creative dreams come true. If you're not a creative genius, you can choose from thousands of templates to create an appealing card.

      Best free editor for creating business cards. Digital & physical ones.

  8. Oct 2020
    1. Technical Co-Founder Equity: How Much to Give to Your Tech Partner?

      Read this article to learn everything technical co-founder equity.

    1. Like many other stores, Vroman’s is hosting online events to promote new books, which can attract attendees from all over the country but generally bring in almost no money.

      Maybe they need a book paywall for admission into those events? Buy a book to get the zoom code to get into the event?

      David Dylan Thomas essentially did this for his recent book launch.

    2. Avid Bookshop in Athens, Ga., sends personalized URLs to customers with a list of handpicked recommendations.

      Perhaps if they went the step further to set up domains for their customers, they could ostensibly use them not only as book blogs, but also to replace their social media habits?

      An IndieWeb friendly platform run by your local bookseller might be out of their wheelhouse, but it could potentially help solve their proximal problem while also solving one of society's problems all while helping to build community.

    1. 10 Ways Great Business Leaders Use Technology

      Article discusses the need to be forward thinking in business with regard to technology adoption. Lists characteristics of business leaders that understand the potential of technology to catapult efficiency. These are: (1) not afraid of change (2) capitalize on Cloud technology as time- and cost-saving resources, use mobile strategies, harness social media, integrate tablets, use telecommuting, understand online marketplaces, prioritize security, and automate marketing. Rating 2/10.

    1. That is to say: if the problem has not been the centralized, corporatized control of the individual voice, the individual’s data, but rather a deeper failure of sociality that precedes that control, then merely reclaiming ownership of our voices and our data isn’t enough. If the goal is creating more authentic, more productive forms of online sociality, we need to rethink our platforms, the ways they function, and our relationships to them from the ground up. It’s not just a matter of functionality, or privacy controls, or even of business models. It’s a matter of governance.
    1. Shopify-Ex would offer retailers something they don’t get from Amazon: partnership. Newco would provide merchants a lot of the great taste of Amazon (robust e-commerce tools and fulfillment) without the calories (merchants keep their data, control the customer, branding, no private label launches on backs of merchant data).

      Potentially an IndieWeb-ification for business?

    1. Professional blogging; whether that be funded by advertisers, subscribers, fans – is a big business. What are your thoughts on how Micro.blog helps or ignores people or businesses that may want to use the platform to share their content and earn a living from it?
    1. being able to follow links to “follow a conversation” that is threaded on Twitter.

      This is one of my favorite parts about my website and others supporting Webmention: the conversation is aggregated onto or more closely adjacent to the source. This helps prevent context collapse.

      Has anyone made a browser tool for encouraging lateral reading? I'd love a bookmarklet that I could click to provide some highly relevant lateral reading resources for any particular page I'm on.

    1. Twenty Stories Bookmobile, which left L.A. traffic for Providence, Rhode Island, in 2018

      This makes me think that a mobile bookstore a la the traditional LA roach coach with a well painted/decorated exterior could be a cool thing.

      I'm reminded of a used bookstore pop-up I saw recently at the Santa Anita Mall prior to the holidays. Booksellers were traditionally itinerant mongers anyway. Perhaps this could be a more solid model, especially for the lunchtime business crowds.

    1. A common complaint we heard from publishers at all levels is that it’s difficult to build partnerships with social media platforms. They seem to be holding all the cards. Even large publishers often feel in the dark during meetings with large platform companies.

      I'm more curious why all the large media companies/publishers don't pool their resources to build a competing social platform that they own and control so the end value comes to them instead of VC-backed social silos?

  9. Sep 2020
    1. BPMN Viewer and Editor Use bpmn-js to display BPMN 2.0 diagrams on your website. Embed it as a BPMN 2.0 web modeler into your applications and customize it to suit your needs.
    1. Having worked with researchy vs more product/business driven teams, I found that the best results came when a researchy person took the time to understand the product domain, but many of them believe they're too good for business (in which case you should head back to academia).

      Problem of PhD profiles in business

    2. Imagine what it must be like for the senior leadership of an established company to actually become data-driven. All of a sudden the leadership is going to consent to having all of their strategic and tactical decision-making be questioned by a bunch of relatively new hires from way down the org chart, whose entire basis for questioning all that expertise and business acumen is that they know how to fiddle around with numbers in some program called R? And all the while, they're constantly whining that this same data is junk and unreliable and we need to upend a whole bunch of IT systems just so they can rock the boat even harder? Pffft.

      Reality of becoming a data-driven company

  10. Aug 2020
    1. It’s not that Slack is too distracting and killing individual productivity. It’s that your company’s processes are so dysfunctional you need Slack to be distracting and killing individual productivity.

      Kwok points out that Slack's reputation for being a productivity killer doesn't get at the root of the issue. He argues that resorting to Slack is a symptom of the underlying cause: dysfunctional business processes.

    1. Bartik, A. W., Cullen, Z. B., Glaeser, E. L., Luca, M., Stanton, C. T., & Sunderam, A. (2020). The Targeting and Impact of Paycheck Protection Program Loans to Small Businesses (Working Paper No. 27623; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w27623

    1. Cajner, T., Crane, L. D., Decker, R. A., Grigsby, J., Hamins-Puertolas, A., Hurst, E., Kurz, C., & Yildirmaz, A. (2020). The U.S. Labor Market during the Beginning of the Pandemic Recession (Working Paper No. 27159; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w27159

    1. Balla-Elliott, D., Cullen, Z. B., Glaeser, E. L., Luca, M., & Stanton, C. T. (2020). Business Reopening Decisions and Demand Forecasts During the COVID-19 Pandemic (Working Paper No. 27362; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w27362

  11. Jul 2020
    1. No matter how large an incumbent may be, they are always vulnerable to a new entrant that makes buyers and sellers happier. In other words, happiness — not scale — is your moat
    2. The marketplace that wins is the marketplace that figures out how to make their buyers and sellers meaningfully happier than any substitute. GMV is irrelevant
    1. education system taught us to be proud of success and be embarrassed by failures and this extends to the business sector
  12. Jun 2020
    1. Prismatic gets a percentage of the revenue increase that it generates for publishers, while developers pay a flat monthly fee based on usage, Cross says. It’s still working out pricing for hedge fund API usage. (As a point of comparison, the revenue model for the old Prismatic was the same as the current model for publishers. “We just meant for it to be more like Adsense/Adwords where we ran all this in our own consumer products too,” Cross notes.)

      the plague of monetisation

    1. if you search for something on Google, you may start seeing ads for it everywhere.

      In comparison to DuckDuckGo, Google presents you ads everywhere, not just in the search results

    2. When you search on DuckDuckGo, we can show you an ad based on the keywords you type in. That’s it. And it works.

      Simple model how DuckDuckGo makes its business

    3. Almost all of the money search engines make (including Google) is based on the keywords you type in, without knowing anything about you, including your search history or the seemingly endless amounts of additional data points they have collected about registered and non-registered users alike. In fact, search advertisers buy search ads by bidding on keywords, not people. It makes intuitive sense, too. If you search for ‘car’, you are more likely to respond to a car ad than something you searched for last week.

      Search engines do most of the business on keywords

    1. Some large tech behemoths could hypothetically shoulder the enormous financial burden of handling hundreds of new lawsuits if they suddenly became responsible for the random things their users say, but it would not be possible for a small nonprofit like Signal to continue to operate within the United States. Tech companies and organizations may be forced to relocate, and new startups may choose to begin in other countries instead.
    1. Facebook already harvests some data from WhatsApp. Without Koum at the helm, it’s possible that could increase—a move that wouldn’t be out of character for the social network, considering that the company’s entire business model hinges on targeted advertising around personal data.
  13. May 2020
    1. Credit for employer-provided childcare facilities and services (Form 8882).This credit applies to the quali-fied expenses you paid for employee childcare and quali-fied expenses you paid for childcare resource and referral services. For more information, see Form 8882.

      Business Credits

      What are Business Credits?

      You can take business credits if you pay for certain business expenses. Business credits include:

      • Investment credit
      • Low-income housing credit
      • Passive activity credits
      • Disabled access credit
      • Credit for employer pension plan start-up costs
      • Credit for employer-provided child-care facilities and services
      • Indian employment credit
      • Credit for increasing research activities
      • Orphan drug credit
      • New markets credit
      • Renewable electricity production credit
      • Credit for alcohol used as fuel
      • Geothermal energy credit
      • Solar energy credit
      • Microturbine energy credit
      • Advanced coal project ended after August 8, 2005
      • Biofuels credit
      • Low sulfur diesel fuel production credit
      • Nonconventional source fuel credit
      • Alternative fuel vehicle refueling property credit
      • Distilled spirits credit
      • Qualified railroad track maintenance credit
      • Mine rescue team training credit
      • General credits from an electing large partnership
      • General Business Credit carryover

      More Information

      • IRS Publication 334 - Tax Guide for Small Business Publication 334 is not included in this TurboTax product, you may request a copy.
    1. Third-party delivery platforms, as they’ve been built, just seem like the wrong model, but instead of testing, failing, and evolving, they’ve been subsidized into market dominance.
    1. Here’s three classes of tools for thought which do:
      • algorithm
      • network effects
      • distribution and manufacturing
    1. We believe everyone deserves to report to exactly one person that knows and understands what you do day to day. The benefit of having a technically competent manager is easily the largest positive influence on a typical worker’s level of job satisfaction. We have a simple functional hierarchy, everyone has one manager that is experienced in their subject matter.
  14. Apr 2020