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In the summer, we slow down and prepare the end of the year madness. Who expects me to write anything :)
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One of the most dangerous combinations is not knowing the situation as a whole and having complete self-confidence. In the business world, it's more than typical. Because who knows everything?
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An important element of market success is domain knowledge. It means all the relevant business expertise that gives a business the edge. Essential but not enough component of profitability.
Why?
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“To succeed in our competitive industry, and position Ford to win in a fast-changing future, we must reduce bureaucracy, empower managers, speed decision making, focus on the most valuable work, and cut costs,”
These lines can also be written in the 80’s, 90’s, and nowadays. Maths does not change with time ...
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From: Elon Musk
To: Everybody
Date: May 16, 2019
As mentioned at the company talk, it is extremely important that we examine every expenditure at Tesla no matter how small, and be sure that it is critical.
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This figurative expression is a little morbid - its origin lies in the fact that a cat, thrown from the roof and dies while lending, bounces a last, regardless of its dead state. If you are far away and only see this movement, you can imagine that as a normal movement of a live cat.
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In microeconomics a phrase is well known: consumer surplus. This is the price difference between the customer's willingness to pay for a good / service and the market price. Apple started selling iPhones from $499 to $599, now the price is from $479 (with trade in) to $1449. What happened with the consumer surplus?
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Blogging is a special way to communicate cases and related topics in addition to the main page. We will do the same and want to make digestion as easy as possible. Less is more - our slogan chosen in the logo - is the most important expression you can make. Our blogs will be short and go straight to the point, some may even think too simple.
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