? Silicon Valley, California, USA

MRKTRS
MRKTRS WKLY #10
  • Bitcoin for dummies. MRKTRS have collaborated on an article to help you share with your friends who continually ask ‘what the hell is bitcoin?’read and share it now!
  • Companies progress = the sum of their vectors. Says Elon Musk – read why here.
  • Give a little at AWA – a fellow MRKTR is collecting donations for an orphanage in Bangkok- details can be found here.
  • Mark Zuckerberg explains what is exactly behind the Facebook mantra – watch it now.
  • A digital nomad asks Reddit where is possible to live on a $1,300 p/m
    budget
    – check out the responses here.

All of this and more in the MRKTRS newsletter ?

IN LAYMAN’S TERMS:
MATE, WHAT THE HELL IS BITCOIN?

Have a friend who pull this face when you mention Bitcoin?
This article is for them. ?

Cryptocurrency and bitcoin is a complex idea that seems matter of factly once you grasp the basic principles. This article is for those friends/family members who continually bug you about Bitcoin who don’t understand the concept.

Here it is in layman’s terms.

The article covers:

  • What actually defines currency and cash.
  • Intro to Cryptocurrency.
  • What exactly bitcoin is and why we should use it.
  • The bitcoin creation process.
  • How we can purchase with bitcoin.
  • To get your hands on some tasty bitcoin.

Check out the full article and be sure to share it round: https://mrktrs.co/bitcoin-dummies-guide-beginners/

BUSINESS LESSON:
HOW ELON MUSK GROWS A COMPANY

Elon Musk knows a thing or two about business growth. ?
We all know the incredible success of Elon Musk, his impressive company portfolio and the valuable business lessons he preaches. One key lesson he’s always stressed is hiring the right people.

But what does that exactly mean?

Dharmesh Shah, co-founder of HubSpot was invited to a small, intimate VIP dinner and had
the chance to ask Musk first hand.

And Shah walked away with a very nice quote to ponder:

“Every person in your company is a vector. Your progress is determined by the sum of all vectors.”  – Elon Musk

Every person is a vector. They have both a magnitude (impact, commitment, effort) and direction (goals). For optimum results, Musk stresses that these vectors must be aligned, everyone working toward a unified goal. That’s how you achieve maximum impact and maximum progress.

And it goes expands from there.

If you:

  • Align people with the organization’s goals
  • Align individual teams (product, marketing, sales, service, etc.) with the organization’s goals.
  • Align the organization’s goals with the needs of the customer.

Then you have a winning formula.

Want to understand more? Check out Shah’s full article on Thinkgrowth. ?

MUST WATCH:
THE ZUCK ON MOVING FAST

It’s the Facebook Mantra. Mark Zuckerberg explains exactly what ‘move fast and break things’ means for the social media giant.

BKK ORPHANAGE:
A MRKTR CALLS FOR DONATIONS

A chance to contribute. ?

A fellow MRKTR, Ricky Ahuja, has been working with the Mercy Centre orphanage in Bangkok and has called on our community to offer a helping hand.

They take care of newborns to teenagers. Some are born with HIV. The orphanage supports children in all areas including education.

Currently they are in need of several cheap items that can make a big difference for the orphanage.

 

Interested in helping out? See Ricky’s post in the MRKTRS Facebook Group. ?

PHOTO OF THE WEEK:
PIERRE NDV w/ ‘DAM THAT SUNRISE

The early bird catching the worm…In style. ?
  • Submit your best work/lifestyle photo or video in the MRKTRS Facebook Group?

ASKREDDIT:
WHERE CAN I LIVE ON $1300 P/M?

Attn: r/digitalnomad

A Brazilian digital nomad is eager to travel and live in a foreign city with a budget of US$1,300 per month.

They asked Reddit with a huge amount of helpful responses, mostly covering central to eastern Europe as well as some suggestions for SE Asia.

Check it out if you’re interested in relocating on a budget and uncover some gems from the digital nomad Reddit community.

QUOTE OF THE WEEK:
HENRY FORD

Henry Ford didn’t achieve success in the car industry on his first attempt.

  1. Ford’s first company dissolved a year and half after it’s launch by his investors in 1901. He was attempting to create a car that met too many needs.
  2. He
    dissected where he went wrong, and begun again. But Ford was pressured and told to comprise on quality in order to meet production deadlines. He left the company, rendering his business a failure…Again.
  3. Henry Ford remain unconcerned. He identified the previous issues of his investors meddling in his process. Ford found another investor
    who was willing to abide by his rules. He started again and launched Ford Motor Company on his terms. His production line became a behemoth and revolutionized the motor industry.

Repeated failure toughens the spirit and shows with clarity how things MUST be done.