AI in Industry
Implementing AI in industry and businesses to make routine tasks automated and enable humans to focus completely on the core, is not a distant promise, but a current imperative. Businesses big and small can benefit from adopting AI within their processes. Implementing on small pilots, collaborations with startups in space to understand the workings, to hiring the talent for more inhouse control and comprehensive implementation across processes and systems.
The Hidden Truth About AI in Industry That Leaders Don’t Want You to Know
AI – VC Partnership
India being the second largest market after the US for AI related products and services, companies in the AI space are partnering with VC’s to support startups with their AI needs, helps the startups as well as the AI companies to evolve with the developments happening in the startup space.
To Support Startups VC’s Tap Into Ai Partnerships
AI Trends – TRM
AI technology that once meant large commitments towards infrastructure, large learning module, large computational power, the theory that bigger is better, is now changing with TRM’s – Tiny Recursive Model that are compact, efficient and effective for startups and small entrepreneurs. TRM’s operate under 10 million parameters thus reducing the computational power requirements, the model employs recursive and iterative feedback loops for problem solving, and the compactness makes it possible to be deployed on small devices such as a smartphone.
5 Predictions About the Future of Tiny AI Models That’ll Shock You
Chronotype
Chronotype is a natural or biological pattern in every human, that dictates one’s sleep cycle, alertness and peak performance times. Humans are either early risers or late nighters. Scientific research shows than while late nighters have higher cognitive performance they develop health issues over time, and early risers may have lower cognitive performance but better health over time. Personally, having an early start to the day is like taking a good lead into the day before the regular stuff for the day starts for most others. It sets the tone for the day and increases confidence through the day.
Night owls vs early birds: Who performs better according to science
Coffee
The Nido 7 Geisha beans were bought for $600k for 20 kilos, by Serkan Sagsoz founder of Julith Coffee, at an auction in Panama. The café plans to serve around 400 cups from the beans, pricing each cup at $1000 approximately.
$1,000 a cup! World’s most expensive coffee on sale in Dubai
Conflict Resolution
In business and personal life one comes across situations were in the person on the other end says or does something that may seem negative, and that may lead to stress or conflicts. Everyone needs an understanding, and holding on to a misunderstanding will ensure extended stress and conflicts. Addressing the negative comment or act with a question sets the ground for the other person to open up and be direct with about the actual issue. It’s not easy to talk the hard stuff, hence people go around talking or acting the irrelevant stuff, understanding that there is a reason for people to behave in such a manner and giving then the opportunity to speak up helps in avoiding escalation of stress and conflict.
Direct Mail Marketing
Digital marketing by itself is not as effective, due to an overcrowded space and trust issues. Direct mail finds more attention, alerts various senses that help in decision making and generates trust amongst customers. A hybrid of direct mail with digital marketing would also justify online ad spends.
Why Direct Mail Deserves a Place in Your Marketing Strategy
Efficiency with AI
AI does not necessarily mean job cuts due to AI’s taking over of the routine tasks. Companies can continue to have the resources and increase efficiency with AI. Entrepreneurs don’t usually have the budget to hire resources, but with AI tools they can have the advantage of being efficient and productive with existing resources.
Here’s How Entrepreneurs Can 10x Their Output With AI
Feedback to Avoid Failure at Launch or Later
Overlooking feedback steps or rushing for launch without proper testing can fail good products. Innovating is exciting, but clarity builds confidence for customers, and clarity comes from having proper instructions for customers to understand how to use the product, else the customers will consider the product faulty.
Financial Freedom
Entrepreneurship is financial freedom as one is ones own boss and has responsibility for the self and those that one employs. Unlike a job where a fixed paycheque at the end of the month is guaranteed but there always is a fear of losing the job. In entrepreneurship there is a fear of failure, but with due diligence, careful planning and operations it can be better than a job by providing greater income. It’s better to have the fear of failure while starting or running a business than fear loss of job while working for someone else.
Fat Joe’s Latest Venture Will Help Everyday People Build Financial Freedom
Global Economics
Talks of slow economic growth globally, impending recession, rising debt, government budget deficits etc, makes one think who or which country is in the positive surplus. The answer is that no one is in surplus, everyone is part of the system, part of a formula and working in and around it.
Every Nation Is in Debt… So Who’s the Lender | Yanis Varoufakis
Green Spaces for Better Health
Exposure to greenery spring your residential and business spaces, visiting green and blue spaces often, leads to better mental health and sleep quality, as per stuffy conducted across 18 countries and 18000 adults. Individuals and businesses must be proactive in making their spaces greener. Potential for garden supplies set to increase.
Green streets, better sleep: Global study links nature with nighttime rest
Home Ownership in a Tough Economy
This strategy to own a home or more in a tough economy may sound crazy when thought traditionally. But practically it may just work out, given the due diligence is performed well. Renting rather than buying a primary home in a metro, as it is convenient in terms of work and personal livelihood and buying a vacation home in a tier two city or town or touristy location that would cost less compared to a major metro, that could be rented out on short term basis such as on AirBnB, the income of which can cover the payments towards the mortgage or home loan, and not burdening onto your monthly budget, thus helping you own a property without stressing over financing it from your current income and savings and also allowing you to enjoy it as a vacation home whenever possible.
I Couldn’t Afford a Home – Then I Ignored Boomer Advice and Bought 3
Hustle Nonstop
In business and sports success is consistent with consistent hustle. Technology is changing faster than ever, resulting in business leaders to be consistently hustling to keep pace with the change.
Mark Cuban and Micah Parsons share insights and quotes for one to stay motivated towards ones goals
Idea to Movement
A small idea of a few parents to cycle with their kids to school has turned into a community of approximately 400 in Oregon to start with, and has expanded to other cities across US and to other countries as well. Founder Sam Balto offers free coaching calls to help launch a Bike Bus in your regions. Ideas often sound silly to most people, but the key is to get started, and with time it becomes a movement.
Bike Bus Movement – enables parents and kids commuting to school on bikes
Intention instead of Reaction
Time is a more valuable than money, yet most business leaders associate productivity with doing a number of ordinary tasks that can be handled by a manager, and they think that they have had a productive day. But the truth is they have ignored the important stuff that will drive growth. They have spent time on emails, meetings and other things that are not planned for, basically being reactive. To be productive with work and home is to lead with intent. Providing a structure with intent ensures that the ordinary tasks are taken care of by the team and you are focusing on the core productive growth related tasks only.
Why Top Leaders Are Ditching Hustle Culture for Something Better
Introversion – is not a disadvantage in running a business
Being an introvert and an entrepreneur successfully running a business is a possibility and validated by many. One does not need to change into an extrovert to run a a business, finding and placing systems to handle the communication and working on small transformations with self is and ideal way to progress in business as an introvert.
How to Run a Business as an Introvert If You Don’t Like Talking to People
Leading and Self Development in Chaos
Focusing on the problem does not make the problem go away. Focusing on the solution helps in solving the problem and making progress. Having a common sense of purpose across the team helps in the team focusing towards the common purpose and overcoming the challenges. In times of chaos and uncertainty, one must stop expectations and start giving, this ensures that we do understand that the times are challenging and receiving good news or things is not going to be easy, but stopping the mental mayhem of imagining the chaotic period can make the situation even more complicated, a better thing to do will be to serve the needy, that’s doing something good in chaotic times, and as they say what goes around comes around, give something good and received good in return.
Staying Calm When Everything Else is Falling Apart
Newsletters
Introspection
As an Entrepreneur a business leader it’s best to introspect, to look inwards whilst a problem arises, instead of blaming it on others. To lead effectively leaders need to take ownership of the problem and not blame others.
Karma
Failure and success are temporary, they can keep changing all the time. What’s permanent is our work, our efforts, our learning’s, our character under the various circumstances.
Failure Doesn’t Define You—Neither Does Success
Nature for Better Brain Function
Spending time in nature on a daily basis helps in brain health with better attention and memory, emotional regulation, immunity and recovery functions. Nature must not be treated as an amenity but as a necessity. Healthcare services should take note and prescribe activities that makes people spend more time in nature.
A Neuroscientist’s Guide To Using Nature For Better Brain Function
Talent Drought
Talent pools across major geographies is shrinking, with changing demographics and workplace transformations making it complicated for companies to find talent locally. Besides that, the anti immigration protests in most of these geographies is adding up to the complications. Businesses are open to hire globally, and governments in these countries with the regulations will be expected to be tolerant and supportive for the businesses.
Why Local-Only Hiring Is a Losing Game
Thanks Giving
The meaning we attached to a moment, is the key to unlock the doors, and walk towards our destiny. Every moment good or bad, has something that we can learn from, being grateful helps in understanding the meaning and moving forward.
Tony Robbins | The Knock at the Door that Changed Everything
Podcasts
- Grit
Grit is about training the brain to prefer challenges over comforts, being consistent at it and not a one off moment. Success requires hard work and suffering but that’s not the only way, one can work smartly by using all the things around including AI.
- Human Design
Businesses succeeding or failing, human beings succeeding or failing is not just about the human being’s mind and body at work, driven to work hard on his or her purpose. There is a larger human design in play right from the time, date and place of birth, the neutrinos present then, that form a blueprint for the being, which can be understood through a chart and can be followed in accordance to the human designs strengths and weaknesses.
Human Design – The Revolutionary System That Shows You Who You Came Here To Be – Jenna Zoe
- Find Your Next Big Idea with Colin Campbell
Start Scale Exit Repeat by Colin Campbell voted best entrepreneurship book, 35 awards. Takeaways – be attentive for ideas, validate ideas in unknown environments for real honest feedbacks, work scalability and defendability of the idea, and more.
- When Getting Fired Becomes Your Biggest Break – Michael Hanna
Michael Hanna founded The Mattress Lot after he was fired from his corporate job of 25 years. Viewing setbacks as redirection rather than rejection is the key. And sometime the best are the ones you never planned to make.
- Brene Brown on Leadership, Vulnerability and Finding Ground
Brene Brown an academic in the field of vulnerability, courage and leadership. Emphasises on leadership means service and not control, courage cannot be without vulnerability, finding ground to lay a foundation of our values and ideas and also to rise up.
Lead with data, get permission to explain, and then give them a fixed scope solution that is connected directly to their revenue.
Quotes
“Without leaps of imagination or dreaming, we lose the excitement of possibilities. Dreaming, after all, is a form of planning.”
GLORIA STEINEM
“Know what sparks the light in you so that you, in your own way, can illuminate the world.”
OPRAH WINFREY
“Everybody’s got the will to win, but only those with the will to prepare do win.”
BOBBY KNIGHT
“Without commitment, you’ll never start. And without consistency, you’ll never finish.”
DENZEL WASHINGTON
“How you do anything is how you do everything.”
DIRK NOWITZKI
Ride
Scientific studies show the benefits of riding a motorcycle. We see lot of rising clubs that organise weekend rides, these are big groups and the whole activity can have great mental benefits just like the studies show about simply riding solo. Entrepreneurship is often a solo ride, and may be just mixing the two rides sometimes may be worthwhile.
What Riding a Motorcycle Actually Does to Your Brain
Startup Spotlight
Dutch – Online Veterinary Care Service
Joe Spector founded Dutch, after listing his first startup from Him & Hers an over the counter prescription drugs startup. He walked away when the company was valued at $9.3billion. Dutch came into founding from his personal experience of treating his pet during covid. Most visits to the pet turn out to be expensive in terms of sorting and scheduling a time, the commute, the consultation fees, all of which can be avoided in most cases, were in the pet parent could have solved the situation over an online consultation. Dutch offers unlimited online consultation for a yearly subscription of $132 for up to 5 pets.
Immigrant Founder Went From Food Stamps to CEO of Startup
Modern Host
Gabe Coybe launched Modern Host a hostware that kept and served food hot without the need of heating again and again. He started small by launching a smaller version to test the market, once he got the validation he started on to build the actual product that required a lot of engineering. From using kickstarter crowd funding of $120k to $2M in six months is a perfect entrepreneurial story.
This Dad Turned a Common Breakfast Problem Into $2 Million
Pivot Bio
Pivot Bio provides microbes for application on seeds before seeding, that helps in capture of Nitrogen from the atmosphere during growth and reduction of carbon emissions resulting from production of synthetic fertilisers.
Bio Fertilisers for Sustainable Farming Methods
Side Hustle Success Stories
Chirp
- Doing things the hard way helps understanding the product and the customer.
- Self belief in the business and then the customers to believe it.
- Finding parallel customer segments for your products.
- Right messaging can transform a business.
College Side Hustle Made $12k on Amazon in 2 Weeks—Then $250M+
TED Talks
- Amjad Masad: How AI can help you turn an idea into the next great app
Sources
AP News
Daily Stoic
Economic Times
Entrepreneur
Entrepreneurs On Fire Podcast
Journey To A $100 Million Podcast by Erik J Olson and Kevin Daisey
MindBodyGreen
PsyPost
Remarkable People Podcast by Guy Kawasaki
Second in Command Newsletter by Cameron Herold
Side Hustle School Podcast by Chris Guillebeau
Startup Buffer Blog
The Economic Times
The Intelligent Optimist
The One Thing Newsletter by Tony Robbins
The School of Greatness Podcast
The Sharpline
The Brightline
Ted Talks
Times of India
World Economic Forum
YouTube
