Take Five #059: New real-time consumer index predicts purchasing probabilities, and more
Codely v2.0 public release is here
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What has changed in our latest release?
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All new features available for all public channel users
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Coding collaboration with over 200 users at once
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Real-time code save every 0.1 seconds
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Take Five #059: New real-time consumer index predicts purchasing probabilities, and more
1. 8 AI tools that could change the way you do business (Thanks, Reddit)
A GPT-enabled custom site support bot, an intuitive, easy-to-use landing page generator, an AI inbox organizer…this list includes a variety of tools that can help lighten the load and boost productivity.
See the full list here.
2. Boring business of the week: Heavy equipment flipper has annual margins of 10-15%
3. Can this new real-time consumer index predict the eCommerce future?
4. 3 HoldCo Success Stories
-Permanent Equity HoldCo doesn’t intend to sell, no management fees, no investor control, no use of debt
-$30M revenue foundry HoldCo - started with one $2.7M revenue acquisition in 2017
-Marmon Group - from a $3M rev bicycle manufacturer to an empire worth billions
Find rundowns of their paths and playbooks here.
5. From finance to fulfillment: An ETA perspective on the unexpected benefits of small business ownership
When I worked in finance, I was way more plugged into economic & political news. It was part of my job to have a finger on the pulse of different types of markets, particularly credit markets.
While I did enjoy that type of knowledge flow, it was so removed from tangible “life”. I experienced it through my laptop, access to a Bloomberg terminal, subscriptions to WSJ/NYT, and my email inbox. It didn’t matter if I lived in NYC or Seattle.
Staying in touch with the info flow in a local service contractor business requires (your) boots on the ground — it requires walking client properties, moving trucks around, and more. It matters what city you’re in.
Yes, it’s still a ton of time on your phone & computer. But in finance, close to 100% of my problems were solvable using a phone & computer (and money).
That percentage has dropped dramatically in running a service contractor, both because there is less money to throw around, and because the work is more tangible.
Read the full “Off-Balance Sheet Benefits of Search” article here.
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