💪 How to end the meeting madness by Justin Mecham
Meetings can become an endless loop. They drain your time and energy. And the worst part: they can be counterproductive. But, at the same time, meetings are important. So, how can you reclaim those lost hours and convert them into strategic sessions? In a post, Justin Mecham share tips from some of the world's best business minds: 👉 Steve Jobs ↳ Invite only the right people. 👉 Tim Cook ↳ Hold everyone accountable. 👉 Jeff Bezos ↳ Use memos and not slideshows. 👉 Indra Nooyi ↳ Assign tasks before the meeting. 👉 Elon Musk ↳ Ensure everyone is needed in the meeting. 👉 Oprah Winfrey ↳ Prepare all meetings from beginning to end.
July 21, 2024, was the hottest day ever recorded
Source: Mike Z.
Used car prices are crashing: Used car and truck prices are now down 17.5% since the 2021 peak, the largest decline in 15 years.
Over the last 35 years, there were only two times when prices of used vehicles saw a bigger drawdown: in 2004 and 2009. Overall, US wholesale prices of used vehicles have declined for 22 consecutive months. In June, average wholesale prices decreased by 8.9% year-over-year to $17,934. EV makers have been hit the hardest, with some EV prices falling over 40% since last year. The car market bubble has popped. Source: The Kobeissi Letter, Bloomberg
Apple Maps has just been updated for Paris2024 Summer Olympics.
New update includes stunning 3D models of Olympic venues, including temporary ones. Source: Nikias Molina
ATTITUDE IS THE MOST IMPORTANT FACTOR FOR SUCCESS
Kazuo Inamori, CEO and founder of Kyocera, developed an equation to reflect on how he achieved extraordinary results despite considering himself to have only mediocre talents. Inamori's "human equation" is simple yet profound: Success in Work and Life = Attitude x Effort x Ability This equation multiplies three qualities: ability, effort (enthusiasm), and attitude (way of thinking). Ability and Effort: Rated on a scale from 0 to 100. Attitude: Rated on a scale from -100 to 100. Inamori argues that by assessing individuals based on these three factors, you can predict their overall success in life and work. In his classic book 'A Compass to Fulfilment', Inamori emphasizes that success is the product of these three factors multiplied together. But the most critical component of Inamori’s equation is ATTITUDE. It’s the factor that can make or break your success because it determines the direction of your efforts and abilities. Inamori explains that people can focus their efforts and abilities positively or negatively. Therefore, attitude is unique because it can have both positive and negative values. A negative attitude, no matter how high the effort and ability scores, results in negative outcomes. For example, a talented person who uses their skills for fraud or theft will ultimately fail because their negative attitude undermines their efforts. That's why Inamori urges us to cultivate a positive attitude, as it ensures that our abilities and efforts lead to beneficial results for both ourselves and society. Here's an extract of his book: "When we are young, we often conclude that natural ability is the most important factor for success. Over the long term, however, we learn that we can supplement our natural ability with hard work and sheer will to achieve better results. Effort, we realize, may influence our success even more than our natural ability - and our effort is something we control. But the real difference-maker is attitude; among the three factors, it is the most powerful. Acting on a negative attitude, even momentarily, can bring disastrous outcomes. Fortunately, positive attitudes - such as being cooperative, humble, hardworking, and optimistic, to name a few - can be practiced daily. Positive attitudes undoubtedly lead to the most positive results, in our own lives and for humanity as a whole". Source: Corporate Rebels
Selling scarcity as illustrated by Quartr.
Visualizing the insane retail vs. resale price contrast of Patek Philippe's limited Tiffany (a part of LVMH) blue-colored timepiece. "You never actually own a Patek Philippe. You merely look after it for the next generation."
Headlines in Europe.
Source: Eagle Wings
For the first time streaming passed 40% of total TV usage in the US
Source: Statista
