Helpful Thoughts for Freelancers
I share these helpful thoughts for freelancers because there are many things I wish I had known been going independent as a writer. Here are a few thoughts about freelancing…
Nordstrom is Becoming Less Competitive
Nordstrom may never get that market share because Walmart is making a big push in New York. To explain, Walmart’s incubator Store No 8 is testing Jetblack; an algorithm that shops for customers in Manhattan, Vox reports. Couriers deliver all Jetblack orders within two days and pick up returns for free. Jetblack threatens Nordstrom because it is squarely at affluent urban dwellers. However, Jetblack is one of just many pushes Walmart is making for the upper-middle class market. In addition, to the experiments Store No. 8 conducts in New York, Walmart owns the men’s fashion brand Bonobos and partners with Lord & Taylor. Consequently, a smart move for Nordstrom is to launch a concierge or join Jetblack. Obviously, Nordstrom Local will be a perfect support mechanism for a concierge service like Jetblack. For instance, Jetblack couriers could take clothes to Nordstrom Local for tailoring.
How You can invest in Platforms
In the final analysis, platform capitalism is lucrative and likely to get more lucrative in today’s world. Hence, you could make money by investing in platforms. Here are my tips…
How Warren Buffett Invests in Platforms
In fact, Uncle Warren tells CNBC, “Yeah, I’ve been a fan, and I’ve been an idiot for not buying” Amazon. On the other hand, Buffett admits he is leery of Amazon despite his admiration for CEO Jeff Bezos, Business Insider notes.
Why you should Invest in Platforms not Companies or Cryptocurrencies
When it succeeds, rentier capitalism can be a lucrative business model. For example, AWS generated $7.43 billion in revenues in 4th Quarter 2018, CNBC notes. Notably, AWS revenues make up 10% of Amazon’s quarterly sales. In addition, Amazon reports advertising revenues of $3.4 billion for 4th Quarter 2018, Geekwire estimates.
Six Principles for Surviving the 21st Century
2. “Those who own the data own the future.” This is a direct quote from Harari. Hence, controlling; or owning, data will help you make money. Thus, understanding data and learning how to control it is critical for 21st Century survival.
Twelve Ways to Increase your Knowledge
In fact, America’s three richest people; Amazon CEO Jeff Bezos, Microsoft founder Bill Gates, and super investor Warren Buffett, are knowledge workers. To explain, knowledge workers use in-depth information they learn through regular study to succeed.
IMPORTANCE OF PEOPLE MANAGEMENT IN ORGANIZATIONS
1.Help the organization achieve its mission; 2.Provide means to achieve the objectives of the company; 3.Assign a balance between the expectations of companies and employees; 4.Manage productivity and quality; 5.Create methods to improve individual and organizational performance; 6.Develop and retain talents; 7.Ensure employee motivation and commitment; 8.Ensure a healthy work environment; 9.Manage organizational changes.
Learning not to Hurry is a Key to Success
Thus, it is always a good idea to ask if you really need to hurry. Ask yourself if the rewards for the task are worth the trouble of hurrying for it. If the answer is no, then do not hurry.
12 Things Every Freelancer Should Know
These are just a few of the things every freelancer should now. In fact, you will learn more every day if work at it.
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Why Ethereum’s Coin Price may never Match Bitcoins
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