Business Google CEO Thinks AI Will Be More Profound Change Than Fire, Bloomberg |
- Google CEO Thinks AI Will Be More Profound Change Than Fire, Bloomberg
- Home Depot signs lease to take over 120,000-square-foot Bed Bath & Beyond space in New York City. “The reports of retail’s death in New York City have been greatly exaggerated,” Jeff Mooallem, CEO of Gazit Horizons added.
- Labor unions sue OSHA over lack of infectious disease standard
- Leaving New York: High earners in finance and tech explain why they left the 'world's greatest city'
- Google Meet Introduces In-Browser Machine Learning Solution For Blurring And Replacing Background In A Live Video
- Is getting into this business sketch?
- Newcomer, have an idea for a product I cant seen online that think would take off
- How do you feel about an empty cv when hiring someone?
- Ahm.. weird question: how do stores like Walmart, Best Buy and Amazon make profit selling iPhone (insert similarly priced products) at the same price as Apple official pricing
- How do you pay your employees if you have only started your micro-business (no profit yet) and are saving the funds you amassed (£100) for the materials?
- A new set of businesses are rising in the delivery domain but the number is quite big. What do you think is a critical aspect that will differentiate one startup from others.
- The Economics of Airlines
- Anyone familiar with tax deductions for business purposes? Are there really great benefits during tax season?
- International delivery
- techno-economic analysis
- Dunkin’ to Be Sold to Inspire Brands for $11.3 Billion
- FUCK Corporate America
- How long does the average person to think of an idea for a business and start it up.
- CRM for small web development company
| Google CEO Thinks AI Will Be More Profound Change Than Fire, Bloomberg Posted: 31 Oct 2020 12:09 PM PDT |
| Posted: 31 Oct 2020 07:38 AM PDT |
| Labor unions sue OSHA over lack of infectious disease standard Posted: 01 Nov 2020 01:16 AM PDT |
| Leaving New York: High earners in finance and tech explain why they left the 'world's greatest city' Posted: 31 Oct 2020 04:16 PM PDT |
| Posted: 01 Nov 2020 01:45 AM PDT Google recently announced ways to blur and replace the background in Google Meet for better focus on the person rather than the surrounding. The new features are powered by cutting-edge web machine learning (ML) technologies built with MediaPipe that work directly in the browser, without any extra steps like installing additional software. One of the main motives for developing these features was to provide real-time, in-browser performance on almost all modern devices. It accomplishes this by combining efficient on-device ML models, WebGL-based rendering, and web-based ML inference via XNNPACK and TFLite. [link] [comments]  |
| Is getting into this business sketch? Posted: 01 Nov 2020 12:44 AM PDT TL;DR : I'm sketched out by this business proposition, and I don't know if I should trust my gut (which is screaming no) or my brain (which is screaming yes). I tried googling "how to know if it's good to buy a business or not", and...I got overwhelmed. What questions do I need to be solidly asking in order to set myself up for success, or so I know that I should gracefully back out? So uhh...I (a recent college graduate) got a (soft) offer (no contract) to basically become the owner of a small startup in a big city. The startup's been alive for around 5 years now, and consists of the President/Owner, VP, and a part time employee. I originally emailed them back in June to see if they had any full time openings. I aced(?) the interview, and the Pres wanted me to join as soon as they worked things out. And then COVID made everything worse. There was a prior engagement for the Pres, and I, attempting to be nice, agreed to defer hiring talks until after said engagement...which got postponed until last month. After finally getting back into contact with them, the pres then said that they couldn't really hire me full time because the numbers didn't work out. They then asked "Do you just want to take the reins?" As in, become the owner (I think). Cue VERY flustered OP. I said that I needed time to think about it, and at the time it sounded intriguing. I recently graduated college, and the pandemic's brought the job prospects for my specific job niche essentially down to 0. Except this job. I emailed the owner last night, with the following list of questions (answers in parenthesis, paraphrased):
The answers are....not very descriptive. It seems this is a very "first rough draft" idea. As for acquisition, it seems to revolve around a percentage of the net profits going to the original owner in order to acquire the business (whether in full or in part remains to be hashed out). I was able to get some financial data for the past few years, and have summarized it below (slightly modified because while I didn't sign any NDAs, I'd rather this not bite me in the back bc I shared it on Reddit):
For a big city, in order to eventually retire, have a hobby, and have a kid (all non-negotiable for me), I cannot take the job for anything less than a 50K yearly salary. While 40K would let me survive (housing, food, etc.), I would have no emergency fund and no hobby, and the time that the business would take up would prevent me from doing any side hustles. So far from the friends I've asked (n=2), this seems severely sketchy and that I would be underpaid and overworked (or at least, underpaid and overworked more than I'm comfortable with). At the same time, it's a pandemic. I've been searching for a job since January at this point, having graduated in the Spring. My brain is saying "DO IT! You'll finally be able to stop living with your parents while you job search! You'll get to do what you love!!!", but my guts (and my friends) are screaming "OP, this is So. Freaking. Sketch!!!!! Don't!!!! You're going to end up an indentured servant!!". What questions do I need to be asking now? Who do I need to be asking them to? If I need to find data, where should I search? Is this already too sketchy, and should I back out now?? Am I even posting in the right subreddit??? My only financial education so far has been one financial wellness class in college, reading I Will Teach You To Be Rich, and watching PBS Two Cents and The Financial Diet on Youtube. I didn't major in business or anything, and my friend group is very much academics and technology focused, so information from that end is not very forthcoming. [link] [comments]  |
| Newcomer, have an idea for a product I cant seen online that think would take off Posted: 31 Oct 2020 08:56 PM PDT Title says it all, what do I do? Do I get someone to build a prototype? Where do I go to with it? [link] [comments]  |
| How do you feel about an empty cv when hiring someone? Posted: 01 Nov 2020 12:02 AM PDT Ok, so if you were to ask ME, the person with an empty cv i'd say no way in hell would i hire someone to work with me who can sink us all down. But then again i have no experience and would very much appreciate your input. I was diagnosed with depression when i was 21, with many unfortunate events happening at the same time such as eating disorder, extreme healtg anxiety that would result in me being bedridden for 2 years, parents' death, yet somehow powered through my last remaining parent's death in my last year of university and graduated at 24 i couldn't be bothered after, the second i got my diploma i was like "ok, i'm done". I'm 26 now and i haven't worked, i do believe i'm ready now and would like to be given a chance but i'm still working on my ego accepting rejection, i have taken courses, i learned two new languages. But, i really want to know your point of view; would you hire someone in my situation or would you be quick to make up your mind of "depression doesn't equal laziness, that's on you." And rightfully so, i'm not here to judge just here to be mentored about this particular point of view. Thank you ♥️ Correction: empty CV in work experience not skills, etc. [link] [comments]  |
| Posted: 31 Oct 2020 07:41 PM PDT |
| Posted: 31 Oct 2020 10:41 PM PDT Sorry, this is short but it's for my courrework assignment. [link] [comments]  |
| Posted: 31 Oct 2020 07:45 PM PDT |
| Posted: 31 Oct 2020 07:34 AM PDT The Wright brothers flew the first plane in 1917. At the time, going on an airplane was not common. Being a passenger on a flight was expensive. The focus for airlines was luxury. As time has passed, their focus has shifted from luxury to revenue. With the shift, airlines have grown their revenue sources. Airlines not only make money from passengers. They work with businesses to generate revenue. BagsThe range and fuel costs depend on the size and weight of the plane. The passenger bags add more weight and decrease the revenue for the airline. The airlines make up the costs by charging passengers for the bags. The heavier the bag then the more money a passenger will pay. SeatsA passenger has the option for three different seats. The seats available are economy, business, and first-class on an airline. The first-class and business classes are more expensive than economy seats. The economy seats account for the most revenue of any seat. There might be 20 first-class seats on a plane, which are the most expensive. But 30 rows of economy seats, the great number of economy seats leads to more revenue. The economy seats account for 80% of the seats on the plane. When fewer economy seats are being sold, the airline starts to lose money on their flights. The pricing of the passenger ticket has many factors. The airline has a formula for pricing tickets. They use the destination, flight time, type of seat, seasonality. The airline wants revenue for flights on their books as soon as possible. To fill up flights, they make the tickets cheaper when the flight is far out. There is a certain timeline for price changes. The cheapest a passenger can get a flight is 12 to 9 months out. 9 to 1 month out is the median price for a flight. The most expensive tickets are usually one month before the flight. How airlines make money from cargoAirlines ship goods for other companies. The price of the cargo depends on the size, weight, type, and time. TimeThe sooner a company wants the cargo to reach the destination, then the more the airline charges. If time is not a factor for the company, then the airline charges less. TypeDifferent cargo has different requirements. The more requirements then the prices go up. Carrying a horse, car, and semi-conductor all have different requirements. A horse needs someone to feed it. The airline needs to make arrangements for different cargo. A semi-conductor will get damaged if the plane is too cold. They need to ship the semi-conductor in the proper environment. The airline needs to provide a specific container for a car. Size and WeightAirlines use a specific formula to determine the price of cargo based on size and weight. The cargo's size and weight change how an airline has to handle the cargo. The airline might have to use different containers or change the plane for the cargo. An airline will not treat a crate of laptops and bananas the same. The formula helps determine the best method for each type of cargo. RouteSome airlines cannot fly common routes when flying cargo. The United States does not allow airlines to fly passengers between domestic destinations. An airline cannot fly passengers from Newark to LAX and stop at O'Hare to drop off cargo. On some occasions, a company might need cargo to go somewhere that an airline does not commonly fly. Then, the airline needs to charge the company more. The airline would need to find the route and prepare the plane for the destination. In-FlightAirlines use to bundle the price of the ticket with the food and in-flight entertainment. They stopped bundling to get people to spend more money on the flight. When an airline was bundling, a ticket may have cost $150. When they unbundled everything, the price of the ticket may have been $120. Since a passenger saves some money on the flight, they might spend more money. The passenger might take an extra bag, buy a meal, a drink, and wifi on a flight. Which cost them $55. The airline makes an extra $30 from the passenger. When people save money, they are willing to spend money because they believe they got a deal. Credit CardsFrequent-Flier points are an asset for airlines. The points are an asset because people can make purchases with them. People get to spend the points as money. The airlines make money from the annual fees that the holders pay. The annual fee money gets split with the credit card companies. The terms of the credit cards incentivize people to spend money with the airline. When someone buys groceries or gas, they may get 1% back on their purchase. When someone makes a purchase for a flight with the airline, they get 3% or 4% back. The higher percentage gives cardholders more incentive to make purchases through the airline. There is more than one card. There are tiers, and each one has different benefits. The higher tiers will have more benefits for cardholders. In some cases, they come with exclusive rewards such as access to a lounge. The higher tiers lead to more revenue for the airline. ChartersA charter is when someone rents an aircraft or a block of it. Businesses or sports teams are the types of clients for charters. A charter is different from renting a private jet. Some companies specialize in private jet services. LeasesSome airlines will lease their aircrafts out to others. There are two types of leases, wet and dry. In a wet lease, the airline provides a crew. For the dry lease, the airline leases out the crew but has operational control. An airline that has restrictions from flying will do wet leases. Which allows them to generate revenue during their suspension. In some cases, an airline's shell company will buy the planes and lease them back. The airline spends more money on leases than if they own the aircrafts. The higher bill lowers their profits and tax bill. SubsidiariesSome airlines invest in the travel industry for revenue. Airlines own hotels and car rental companies to expand their services. Other airlines buy services to decrease expenses. They buy oil refineries to bring costs down for them. Tech OpsTech Ops is the main service for the airline. Maintenance and repair are elements of Tech Ops. For some airlines having their own Tech Ops department is expensive. Those airlines will outsource their Tech Ops to the big airlines. An airline will pay another airline to maintain, repair, and inspect their airplanes. Scraping PartsAn airplane might last up to 30 years. The parts of a plane do not last 30 years. The parts get changed and replaced on a recurring basis. When it is time to retire an airplane, they might scrap the parts that are still good. An airline might add them to another plane, or they could sell those parts to another airline. Pilot Training ProgramsPilots are well trained by the airlines. Some people have an interest in flying as a hobby. Some airlines sell their training program as a course to other people. When training a pilot, an airline does not generate revenue. But controlling a training course allows airlines to verify that a pilot knows how to fly a plane. Selling the training course is a course of action that allows an airline to generate revenue from the program. LicensingSometimes video games make games that involve an airline or plane. Airlines collect a fee from the video game company to use their name in the game. A company might make an airplane simulator game, and they might want to use an airline's name. GovernmentSome airlines work with the government. The work airlines do for the government is similar work that they do with businesses. The government might transport cargo through an airline. Or charter a plane for some employees. DownersThese are elements that might cause an airline's revenue to go down. CrashesIn the airline industry, reputation is everything. No one wants to fly with an airline that has a reputation for crashing. A crash might bring an airline's revenue down for years. The public will avoid an airline that has had a crash for years. Not only will an airline lose future revenue because of a crash, but they need to make payments. If a plane crashes and the airline is at fault, the airline will have expenses. Airlines have crash insurance, the cost of the insurance will go up. An airline will need to pay damages to the victims' families. Then, they will pay fines for the crash. BailoutsIn tough economic times, people fly less. Many people fly to places for vacations. When money is tight, people are not taking vacations. If the tough economic times last for a while, the airlines will need help to recover. That is when the government will step in and offer relief. The bailouts are not a revenue source but for them to stay even. How airlines will change with COVIDPeople are flying less because of COVID. Airlines will need to make up the revenue through businesses. The airlines will need to work with companies more to recover. Companies will have a need to ship medical Personal Protection Equipment around. The medical industry will need the airlines to ship the equipment. Shipping cargo means there is less contact between people. Which will prevent the spread of COVID. The e-commerce industry wants to get items to its customers as soon as possible. Planes are the fastest mode of transportation. The e-commerce industry will need to work with airlines. For consumers, the costs to fly will go up. The airlines will start charging more for flights and bags. The airlines might start charging for carry-on bags to increase revenue. The airlines might focus on social distancing by getting rid of the middle seat. The airlines could input passenger protections for the middle seat instead. The government will always bail out the industry in their time of need. Flying is the most efficient method of travel. How else can someone get to Europe from California in under a day? They cannot. Until there is a new and more efficient method, the government will bail out the industry. Money that the airlines earn from credit cards is more scalable than flights. No one knows when people will start to fly again. The airlines can only offer so many flights. As long as the airlines have deals to offer credit cardholders, they will make money from the credit cards. They can offer more deals to generate revenue, and people will take advantage. My OpinionThe experience of flying is not great. Airlines pack passengers in and do not make them comfortable. They do not provide good customer experience because they do not have to. Flying on a plane is like a restaurant cooking a nice meal but then serving customers the cooking scraps. The airline that provides a better customer experience will gain the most customers. Creating a decent experience is not difficult. Give customers room, provide decent food, and clean space. ConclusionSince flying is the most efficient form of travel, that gives them a massive advantage. The government will bail them out, and they will come back again and again. As long as there is not a more efficient option, they are here to stay. There might only be 1 or 2 airlines, but still. If you enjoyed this, you might like my newsletter. I send similar content about other industries [link] [comments]  |
| Posted: 31 Oct 2020 03:29 PM PDT |
| Posted: 31 Oct 2020 01:38 PM PDT Hi r/business I'm looking to import 30 kg and 10 kg worth of goods from India and China respectively on a monthly basis to the UK and wanted to ask if anybody could share any cheap and reliable international delivery brands please? The goods from India are perishable and have a shelf life of 3 weeks so I'd need them delivered within 2 weeks of despatch and the goods from China don't have a shelf life, so the cost saving is the biggest factor for these. Cheers. [link] [comments]  |
| Posted: 31 Oct 2020 10:12 AM PDT At the University, I was given a report on the topic " Characteristic features of technical and economic analysis in different sectors of the economy" Can you tell me where I can find information on this topic? You can share links. [link] [comments]  |
| Dunkin’ to Be Sold to Inspire Brands for $11.3 Billion Posted: 31 Oct 2020 09:44 AM PDT |
| Posted: 31 Oct 2020 05:50 PM PDT |
| How long does the average person to think of an idea for a business and start it up. Posted: 31 Oct 2020 05:29 AM PDT Starting a business is a way to go, but I have always been out off it, due to not having a good idea, but I always wondered how long did it take for a person to think of business idea. I always think that business owners, think of an ideas within a day and get to it but I don't think that's the case. At least if I know this I won't lose motivation. [link] [comments]  |
| CRM for small web development company Posted: 31 Oct 2020 03:19 AM PDT I run a small web development company and the last couple of years we have been growing to a point that it is becoming overwhelming to manage a few small issues which add up and we're not as efficient as we could be. The team is expanding and I want us to address these issues asap so we don't lose time or money over small things that can be easily fixed. The main issue is regarding client management and I believe a good CRM software would really help us and that's what I'm looking for your advice on. What would be very important for us, besides the actual CRM, are:
Most of our clients, after the web development, end up hosting with us or we provide them with maintenance, both of these services are based on either monthly or yearly fees. As the number of clients add up, it keeps getting harder to keep track of when a client needs to pay, whether he has already paid. So it would be essential for us that the CRM solution keeps track of recurring clients, ideally sends an automatic email (monthly or yearly) letting the client know payment is due and we can then check it as paid.
This one is not a must-have, but also very important (not sure if it's standard in most CRM solutions). For leads handling, it would be nice to have automatic follow-up emails a couple of days after a proposal is sent. For those of you more experienced in software development companies and CRM, we'd love to hear your feedback and also any advice you may have on scaling client management. Thanks! [link] [comments]  |
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