How are you dealing with time-space compression?

I came across this graph that seems to capture a feeling in our world today: The theory here is that however we perceive the rate of change today, it will be double that next year, and the perceived rate of change will be 32 times where we are today five years from now. Is thisContinueContinue reading “How are you dealing with time-space compression?”

How does Instacart work and make money: Business Model

Grocery has one of the lowest levels of digitization in any industry. Grocery retailers in the United States spent an estimated $14.2 billion on enterprise IT in 2022, which represents approximately 1% of their total sales. This compares to average estimated technology budgets as a percent of revenue of approximately 25% for telecommunications, 11% forContinueContinue reading “How does Instacart work and make money: Business Model”

5 Reasons Why Salespeople Make the Best Business Leaders

Salespeople shine as outstanding wartime CEOs in times of crisis, keeping calm in the face of chaos and immediately putting solutions into action. Warren Buffett, Ginni Rometty and Howard Schultz share a common background — they all worked as salespeople before becoming CEOs of Berkshire Hathaway, IBM and Starbucks, respectively. Buffett worked as an investment salesman, Rometty got hisContinueContinue reading “5 Reasons Why Salespeople Make the Best Business Leaders”

Want a Company That Lasts Forever? This Simple Business Strategy is the Secret to Longevity

A company built to last won’t look at mistakes as breaking points — when something isn’t working, its an opportunity to pivot. I founded my commercial real estate firm over 40 years ago and have seen tremendous disruption in my time leading it. While the coronavirus pandemic was in many ways unprecedented, our response was theContinueContinue reading “Want a Company That Lasts Forever? This Simple Business Strategy is the Secret to Longevity”

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