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How to Solve a Problem using Upstream Actions
Story of VanMoof In 2015, Dutch Bicycle company VanMoof began shipping their bicycles to US customers. While the bikes were getting sold like hotcakes, however they faced lot of problems in shipping them to their customers. The company’s logistics handler weren’t careful while handling the packages which resulted in causing damage to the product. Almost 25% of the bikes were damaged during shipping, due to which they recieved a lot of flak from their customers. In an interview to CNN, VanMoof’s co-founder Taco Carlier explained “We asked ourselves, what do Americans really love? What would prompt couriers to be delicate with a parcel?”. After several hours of brainstroming, they came…
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History of Metaverse – A Journey Through Time
“Metaverse is an embodied internet that you’re inside of rather than just looking at it!” – Mark Zuckerburg Metaverse! yes we know the word has been buzzing in all nooks and crannies of the Internet. While the masses consider it to be the latest trend and treat it as some kind of dystopian technology, it is infact slowly been creeping up all this while now, and is ready to take the tech world by storm. Before we try to make sense of what’s gonna happen in future, let’s deep dive into some important events which played an important role in shaping up this “blend of real and virtual world” or…
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How To Develop Bias For Action
Some lessons have to be experienced before they can be understood Michael Batnick (Investor) Story of Java Jacket Back in 1989 Jay Sorensen a struggling realtor, pulled into a coffee shop drivethrough to get his morning cup of coffee. While on the way out of the drive through coffee spill burned his fingers, forcing him to release a blistering hot cup of coffee onto his lap. While this incident may not have been good for Jay’s lap, it was however phenomenal for his career as he chanced upon an innovative idea which went on to make the life better for millions of routine coffee drinkers. The incident made Sorensen realise…
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7 life changing lessons from the Book “Psychology of Money”
In 2014, death of a rural janitor Ronald Read made international headlines when the news about his life savings broke out. The humble janitor amassed a fortune of 8 million dollars, those who knew him were baffled. It was neither a lottery ticket nor any inheritence but he saved what little he could and simply invested it consistently over his lifetime. Doing well with money has a little to do with how smart you are and a lot to do with how you behave with it and behavior is hard to teach, even to really smart people. It is said that a right book at a right time can shape…
