A naukri.com initiative
Entrepreneurship
Medium
4h
215
Image Credit: Medium
How Crypto.com applied Generative AI to make data-driven decisions
- Crypto.com has applied generative AI to make data-driven decisions in the volatile and ever-changing crypto market.
- They have developed a system using Claude 3 and AWS Bedrock to analyze sentiment and classify news narratives in multiple languages.
- This technology helps investors monitor global events with high accuracy in real-time, enabling more confident decision-making.
- By combining sentiment analysis and generative AI, Crypto.com aims to provide valuable insights, summaries, reports, and forecasts based on real-time news.
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12 Likes
Young Upstarts
9h
244
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The Rising Demand For Micro HR Planning: A New Strategy For Today’s Business Challenges
- Micro HR Planning is emerging as a preferred strategy for human resource management, offering short-term, flexible frameworks to respond to rapid change.
- In contrast to traditional long-term approaches, Micro HR Planning focuses on short-term, actionable strategies that align with both the needs of the workforce and the business environment.
- Traditional HR practices are outdated due to evolving workforces, inadequate planning, and the need to remain agile in today's environments.
- Micro HR Planning's focus on scenario-based planning enables businesses to prepare for multiple outcomes, remain competitive, and adapt to market disruptions.
- Continuous workforce analysis helps organizations forecast future needs and identify key performers, potential future leaders, and areas where additional talent investment is required.
- Retention strategies are also central to Micro HR Planning, fostering a culture of growth and development and creating a motivated workforce aligned with the company’s objectives.
- As Micro HR Planning drives higher employee engagement, businesses enjoy higher productivity, profitability, and overall operational efficiency.
- Micro HR Planning is not limited to specific sectors and offers organizations a clear, agile framework that aligns workforce strategies with business goals.
- Embracing Micro HR Planning is essential for future-proofing a workforce and staying competitive in an ever-evolving business landscape.
- Adopting Thrive HR Consulting's Micro HR Planning framework equips businesses to support employee growth, respond swiftly to market changes, and remain competitive.
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14 Likes
Entrepreneurshiplife
13h
97
Image Credit: Entrepreneurshiplife
10 Proven Strategies to Skyrocket Your Local Business Growth
- Optimizing your Google My Business Profile, building a user-friendly website, and leveraging local SEO strategies are some of the best strategies for growing your local business.
- Engaging on social media, running targeted local ads, and partnering with other local businesses can also help increase your business's visibility.
- Focusing on customer reviews, investing in content marketing, and hosting or participating in local events are other effective strategies for growth.
- Measuring your efforts is essential to optimizing your strategies and achieving better results.
- Working with an SEO agency can be a valuable investment to provide expert guidance and targeted strategies.
- A Google My Business (GMB) profile is often the first interaction potential customers have with your business.
- A well-designed, user-friendly website is essential for any local business.
- Local SEO is all about optimizing your online presence to attract customers within a specific geographic area.
- Positive customer reviews build credibility and encourage potential customers to give your business a try.
- To grow your local business successfully, tracking and analyzing your efforts is essential.
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5 Likes
Medium
1h
44
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Myth-Busting Chatbots: Can AI Diffuse Trap Beliefs?
- Preventing people from falling into conspiracy theories is challenging.
- AI chatbots can be an effective intervention to debunk myths and conspiracy beliefs.
- Engaging in conversation with AI chatbots can reduce conspiratorial feelings for up to two months.
- Initial skepticism towards AI and concerns about their abilities have gradually diminished.
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2 Likes
Medium
6h
260
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The Future of AI and the Workforce: Balancing Risks, Growth, and Investment Opportunities
- Up to 3 million American jobs are at risk of displacement due to AI in sectors that can be automated.
- The rapid adoption of AI could cause unprecedented unemployment rates.
- AI has the potential to enhance productivity, it can also exacerbate economic disparities.
- AI’s potential to foster groundbreaking innovations, boost productivity, and improve the quality of life for people worldwide.
- Businesses can leverage AI to improve productivity and service quality and gain a competitive edge.
- Growth opportunity lies in creating programs to reskill or upskill workers to align with the changing job market.
- AI tools can enhance customer service experiences by providing real-time support and foster stronger customer loyalty.
- Investors have a unique opportunity to support early-stage AI companies developing solutions in nascent AI-driven fields.
- Investors can consider opportunities in healthcare and precision medicine, as these fields stand to benefit substantially from AI’s advancements.
- Businesses, workers, and investors must view AI as both a challenge and an opportunity.
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15 Likes
TechBullion
7h
27
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Empowering Through Technology: Wale Ameen Founder DatastreamSend on Building AI Solutions for Business and Migration
- Wale Ameen, the founder of DatastreamSEND, provides insights into his journey from a self-funded startup to a leader in digital business communication.
- He is a technology entrepreneur, expert power platform developer, and project planner with over 10 years of experience in chatbot engineering, data analytics, C-suite interaction, and platform and product leadership.
- Ameen founded DatastreamSend, a messaging platform for small business owners, healthcare providers, educational institutions, HR, and communication professionals using AI to simplify the process.
- Ameen is also the founder of Cush, a bespoke migration advisory and fintech platform for immigrants in the UK with Imisi by Cush, an AI-based social messaging migration helper chatbot designed to support and simplify the UK migration process.
- The Cush chatbot helper is aimed at making practical, accurate information available in an easy-to-understand way, so immigrants feel more supported and informed.
- AI is central to Ameen's vision as it automates and personalizes interactions, analyzes data, and optimizes workflows, providing a tool to clients that is both powerful and easy to use.
- He believes AI will become the backbone of how businesses operate globally and governments must think pragmatically and innovate solutions for the AI era.
- According to Ameen, entrepreneurs should embrace challenges, stay adaptable, always be ready to learn, and surround themselves with people who believe in the vision. Innovation often comes from listening and responding to what people need.
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1 Like
Medium
7h
182
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Infrastructure Ventures and DevGAMM Join Forces
- Infrastructure Ventures and DevGAMM have joined forces to support game developers.
- Infrastructure Ventures' program focuses on customer-centric company building to align games with player needs.
- The partnership aims to help game developers bridge the gap between idea generation and achieving product-market fit.
- DevGAMM, with its large community of developers and gamers, aims to accelerate the launch and success of game developers.
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10 Likes
Medium
8h
243
Image Credit: Medium
Rejected by a VC: The Lesson I Learned Years Later
- Entrepreneurs always remember the first venture capitalist who rejects them and that first big rejection can leave a wound that never feels like it fully heals.
- But there's no need to take those rejections personally; venture capitalists have a specific investment thesis they follow, and if your company isn't a fit, they won’t invest.
- A VC's rejection shouldn’t be considered the final word on a startup's potential, it's just feedback to be learned from to improve the pitch, tweak the business model or strengthen the team.
- When you embrace rejection rather than stewing over it, it becomes easier to learn from it and make the most of it.
- The mistake entrepreneurs make is thinking they know what the VC wants instead of focusing on fitting the VC’s investment thesis.
- Every rejection given is actually a valuable lesson that helps you refine your pitch and improve your game.
- Rather than sulking or arguing with the VC, accept the feedback and work towards making your company a better fit for them or for another VC's portfolio.
- Rejections help entrepreneurs build resilience and help them scrutinize their venture from different perspectives.
- Every step you take will help you improve the standing and potential of your venture. Getting rejected initially in multiple places is not detrimental to success.
- Being rejected by a VC could be a gift, forcing you as an entrepreneur to evolve, to get better and to grow into the founder you are today.
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14 Likes
Medium
8h
35
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Lightspeed’s investment in Airbound
- Lightspeed has made an investment in Airbound, a company focusing on drone delivery systems.
- Airbound has innovated on aerodynamic and structural efficiency to reduce the cost of operating a drone delivery system.
- They have developed lightweight materials and strong structures, enabling their drones to fly at high speeds and operate quietly.
- The investment from Lightspeed, along with other co-investors, will support Airbound's goal of building the best last-mile delivery experience.
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2 Likes
Medium
9h
344
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Power of The Education
- Informal education refers to learning that occurs naturally throughout life, often outside of formal institutions.
- Non-formal education involves structured learning activities that take place outside the formal school system.
- Education plays a crucial role in individual and societal development.
- Despite its importance, education faces various challenges worldwide.
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20 Likes
Medium
9h
49
Image Credit: Medium
Navigating today’s venture landscapeinvesting from innovation clusters
- Capital is flowing heavily into AI and data-driven technologies, making capital efficiency paramount.
- Rather than competing with mega investors, the strategy is to leverage proximity to top talent and emerging technologies in innovation clusters like MIT, Harvard, Georgia Tech, etc.
- The focus is on investing in specialized, verticalized applications of AI and data science, capturing value by backing founders early.
- Unique datasets and deep embedding of AI in company workflows are key strategies to create competitive moats around invested companies.
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2 Likes
Medium
10h
185
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The First Steps to Entrepreneurship: Starting Your Journey in College
- Identifying a business idea that aligns with your interests and values can guide you in clarifying your motivations.
- Observing the problems of a specific group of people and solving a genuine problem can make a successful business idea.
- Focusing on a problem that you're personally passionate about can fuel your passion and keep you motivated and innovative.
- Gaining hands-on skills like leadership, communication, finance, marketing, and problem-solving is important.
- Building practical skills by enrolling in relevant courses, joining Entrepreneurship Cells (E-Cells), and working in startup environment is equally important.
- Developing an idea involves creativity, research, and practicality; create a Business Model Canvas, validate your idea, and seek feedback.
- Building a strong team is one of the keys to a successful startup, look for complementary skills, align on values and vision, and create a clear division of roles.
- Funding is one of the biggest challenges in college, but options like pitch competitions and grants, crowdfunding, student loans, and angel investors can give your startup a financial boost.
- Experimentation and learning is part of the process, starting with a Minimum Viable Product (MVP) and embracing failures as learning opportunities are important.
- Colleges provide many resources, including alumni networks, incubation centers, and professors and mentors, to support and guide aspiring entrepreneurs.
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11 Likes
The Total Entrepreneurs
10h
292
Florida LLC Business License: How to Apply
- Forming a Limited Liability Company (LLC) in Florida is a flexible and easy way to secure your personal assets when running your business.
- In Florida, it is not necessary that every LLC requires a licensing requirement at the state level, but based on your business and the location you are in, you could require specific permits or licenses.
- Various types of permits and licenses will be required based on the nature of your business such as local business licenses, state licenses, and federal permits.
- To apply for a Florida LLC Business License, you need to form your LLC, research local requirements, identify state-level licenses, request the necessary licenses, and keep your business license current.
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17 Likes
Medium
11h
340
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Exploring online income: making informed choices
- Freelancing is a form of self-employment where you offer specific services to clients on a project-by-project basis, rather than working as a full-time employee.
- Freelancers often work with multiple clients, providing services such as writing, design, programming, marketing, consulting, and much more.
- You set your own rates, choose your clients, and have control over your workload, which can lead to both flexibility and variability in income.
- Freelancing offers the freedom to create a career that suits your life and interests, but it requires dedication, self-motivation, and business skills.
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20 Likes
Seths
12h
285
Image Credit: Seths
Catastrophizing toward action
- A cancer diagnosis can often be a catalyst for immediate action.
- The media profits from amplifying catastrophes, creating a doom loop.
- Endless catastrophic narratives can leave us feeling helpless.
- Instead of paralyzing ourselves, we should focus on productive actions and moving forward.
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17 Likes
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