Today at a Glance:
Quote: Entertain thoughts without accepting
Reading: Economics of buffets
Learning: Optimistic stories from 2023
Tweet: Food nutrition marketing
Product: Wireless Carplay
#QUOTE
It is the mark of an educated mind to be able to entertain a thought without accepting it. –Aristotle
The quote aligns with the concept of steelmanning, which involves understanding and presenting another's argument in its strongest form, even if you disagree with it. It's a powerful tool in both intellectual discourse and business strategy, encouraging open-mindedness and fostering innovative solutions by rigorously examining all sides of an argument or idea.
#READING
The economics of all-you-can-eat buffets
//thehustle
Haven't you always wondered if buffets lose money on certain people? Well, they do, but they build it into their model.
#LEARNING
66 Good News Stories You Didn't Hear About in 2023
//futurecrunch
The medium pumps negative news that makes us scared to live in this world, this article shows us 66 news stories that are positive!
My favorites:
Polio and Guinea Worm are so close to eradication
Breakthrough in technology around battery technology, specifically sodium batteries, which is cheaper, more abundant, and sustainable than lithium
Crime plummeted in the US
Worldwide progress on women's rights and education
Injection of “smart insulin” regulates blood glucose levels for one week
//arstechnica
Scientists discover the first new antibiotics in over 60 years using AI
//euronews
#TWEET
Here are 50 realizations that changed my life as an entrepreneur (link). My favs:
Having an internet audience is still wildly underpriced
Content is your salesperson that works for you 24/7
Look for opportunities that are low status now, but probably high status in a few years
Lifestyle businesses are still massively underrated. You can often turn them into non lifestyle business if you want
People follow a journey, not a social account.
Strangers don’t want to hear about you. They want to talk about themselves or better themselves.
Change scenery 2-3x per day to be extra creative
I'd be curious what type of software exists out there that is (1) expensive (2) relatively easy to copy. Some ideas:
Carta
Bloomberg Terminal (probably not easy to copy)
Quickbooks
Zendesk
(link)
Good response as follow-up (link)
Cool things from CES (link). My favorites:
DJI drone that can carry 66 pounds over 25 miles on a single charge
A portable oven
Physical iPhone keyboard -- we're going back to Blackberries!
Food Nutrition loophole / marketing (link) -- shrink the serving size small enough to be <5 calories and you can claim that it is 0 calories. This is exactly why TicTacs are zero calories, even though its pure sugar.
Even the bottles are skinnier in Europe (link)
#PRODUCT
Wireless CarPlay Stereo - $140
I recently installed this aftermarket stereo in my car and it is pretty amazing! Completely plug-n-play, wireless CarPlay, full Android customization, and pretty cheap. There are versions for almost every car model.
MagSafe Webcam iPhone Mount - $10
Webcam mount for iPhone. It sure beats crappy webcam quality.