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