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#Technology Great Time

It’s important to stay disciplined.

The last two quarters in 2016 saw the beginnings of a VC reset, a cooling in what were otherwise hot and active funding markets for much of this tech cycle. Today, there’s a premium applied to disciplined and sustainable growth — keeping an eye on unit economics and go-to-market efficiency will be critical for consumer and enterprise companies alike.
Though by no means a hard-and-fast measure, public markets now apply their own “Rule of 50” when evaluating technology stocks: those whose growth rates (%) and FCF (%) exceed the 50% mark are given meaningful premiums to those who don’t. At scale, companies like Atlassian and ServiceNow are growing at strong quarter-over-quarter rates while also sustaining clear business model leverage. These companies support dramatically different valuation multiples relative to companies with lower leverage models.
Entrepreneurs needn’t underinvest to prematurely hit profitability. But they should internalize how today’s public tech leaders are being valued. In many cases, this means thinking early and often about how to architect product and distribution together as a single, efficient offering. “Product” is no longer just the bits of software, it’s also how the software is sold, supported and made successful.

JPLOGAN Technology
4. We’re seeing an acceleration of M&A activity and a growing IPO pipeline through the end of 2016, but the bar remains high.

Exceptional companies get bought, especially when buyers can rationalize a target with future revenue goals and product roadmaps in mind. Salesforce’s acquisition of RelateIQ in 2014, was less about consolidating the CRM space, and more about acquiring the foundation for Salesforce’s roadmap around data-centricity, artificial intelligence, and intelligent workflow. This “acquiring-into-my-future” effect drives strategic premiums and can often be the best motivation to catalyze a transaction.
Relatedly, we’ve seen a rush of non-tech incumbents active in private tech markets as of late. Whether Walmart+Jet, Unilever+Dollar Shave Club, Under Armor+MyFitnessPal, non-tech incumbents are not naive to the market refactoring described earlier**; how quickly can one be left behind by missing a critical wave? For many, spending 1–5% of current market cap is easy algebra if it means mitigating big existential threats and/or forwarding investing in the evolution of an existing market. This will keep a number of “non-obvious” acquirers active well into 2017.

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#SerenaWilliams #Tennis “Still The Best” #Vogue via #JPLOGAN #KGBN

The women’s draw revolves around a familiar question: Which version of Serena Williams will show up? 

Serena Williams
If it’s the one who dispatched Angelique Kerber in vintage fashion at the Wimbledon final in July, she’s the overwhelming favorite. If it’s the one who looked out of sorts in a crushing early-round loss at the Olympics—possibly struggling with a shoulder injury—well, she’s still the favorite, but a more modest one. 

Even if Serena isn’t quite in peak form, there remains a second familiar question: Who will challenge her? Spaniard Garbiñe Muguruza seemed up to the physical and mental task when she beat Serena to win the French Open this year, and she is no doubt a threat in Flushing Meadows. But she crashed out early at Wimbledon before being drubbed by eventual gold medalist and pride of Puerto Rico Mónica Puig at the Olympics. (The two may face each other again in the third round of the Open, which could settle whether the formerly obscure Puig can leverage her Olympic momentum.) Fifth-seeded Romanian Simona Halep has looked impressive in recent months, and seems poised to leap into the true elite. And there’s younger talent, like the 21-year-old American Madison Keys, who has been creeping up the rankings. But the most credible challenger is No. 2 seed and newly minted silver medalist Angelique Kerber, who, with a title, could take over the number 1 ranking from Serena after more than 180 weeks. 

Last year at the Open, Serena was under a microscope, needing to win the tournament to capture a rare calendar Grand Slam—and she lost, shockingly, in the semifinals. This year, the stakes aren’t exactly low: She’s playing to retain her top ranking, and if she wins the tournament, she’ll surpass Steffi Graf’s record 22 Grand Slams. But the spotlight has dimmed, however slightly, which may mean a more tranquil Serena. If she plays relaxed tennis, and if her shoulder isn’t bothering her too much, there’s no doubt that she remains the best in the world.

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#Happiness #Motivation #KGBN #MillionaireMindJPLOGAN

10 Steps To Happines

Martin Seligman, the father of positive psychology, theorizes that 60 percent of happiness is determined by our genetics and environment and the remaining 40 percent is how we choose to respond.

In his TED talk, he summarized fulfillment and happiness as “consisting of knowing what your highest strengths are and using them to belong to, and in the service of, something larger than you are.”

There are dozens of researchers like Seligman who have studied the art and science of happiness. I’ve dived into the most interesting habits of the happiest people in the world and decided to share them with you here.

1. They enjoy the moment
It turns out that taking the time to “smell the roses” truly does enhance happiness in life. When you enjoy the small moments- good or bad- you’re more aware of what’s happening around you.

The happiest people focus on what they can control and it’s possible to choose happiness in the moment, no matter the struggles you may be going through.

2. They have a growth mindset
In the book Mindset, Carol Dweck explains that the most successful and happy people have what she calls a “growth mindset” compared to a “fixed mindset.” A fixed mindset seeks success as affirmation of intelligence or worth; a growth mindset thrives on challenge and sees failure not as evidence of unintelligence or unworthiness but as a catalyst for growth and stretching beyond existing abilities.

After twenty years of research, Dweck concluded that those with a growth mindset had happier relationships, achieved more success in the classroom, and were much more persistent through challenges.

dweck_mindset

3. They surround themselves with other happy people
As Jim Rohn once said, “You are the average of the five people around you.”

Who we surround ourselves with has a huge impact on how we think, feel, and what direction we head in life. It may sound harsh, but cutting out the negative people in your life is necessary if you want to be happier.

You won’t have to confront them personally about this; it could just mean spending less time with them gradually so you can focus on improving yourself.

4. They have a dream
Without a future to look towards, the past is the only thing we can look back on.

Whether your dream is to travel the world, start your own business, or learn a new language, having a dream is one of the most important things in remaining optimistic when things get tough.

This concept of having a purpose is especially prevalent in Eastern Asia. In Japan, there’s an actual term called ‘ikigai’, which is translated as “the reason you wake up in the morning.” When some of the happiest and longest-living people were studied, they all had such a reason.

5. They can wait
The bigger the dream you have, the more patience you have to practice.

Happy people are willing to wait for the rewards and focus on the journey, how far they’ve come, and what’s ahead for them.

They understand that the best things in life come to those who are patient and can stick it out for the long run, whether that’s a job promotion, relationship, or a new skill they’re learning.

6. They schedule “me” time into their day
Saying “yes” to everything puts you on the fast track to being miserable.

Giving is important, but if that means taking up “your” time to relax, wind down, and learn new things, then you’ll have nothing to give over time.

You can’t always be agreeable; that’s how people take advantage of you. You have to set clear boundaries.

7. They spend money on experiences- not material things
That car that you just bought diminished in value the moment you drove it off the lot, but experiences are memories that will stay with you for the rest of your life.

The happiest people would rather go on a backpacking trip around Asia instead of buying a flat-screen TV that they’ll seldom use. According to Marc and Angel:

“Experiential purchases tend to make us happier for two key reasons: 1. Great experiences improve over time when we reminisce about them. 2. Experiences are often social events that get us out of our house and interacting with people we care about.”

8. They give more than they take
Since happy people live in a world of abundance where there’s always more opportunities to be had, more money to be made, and more love to share, they’re always giving when they can.

From raising money for a charity they care about, offering a dollar to a talented artist playing in the subway, to giving their precious time to mentor a mentee, they’re always giving.

As ironic as it may sound, happy people understand that this will actually make them happier in the end.

9. They embrace discomfort
According to psychologist Peter Kramer, resilience is the opposite of depression. Happy people know how to bounce back from failure. Resilience is a padding for the inevitable hardship human beings are bound to face. As the Japanese proverb goes, “Fall seven times and stand up eight.”

o-PENNY-HEADS-UP-570
Struggle is the evidence of progress, and happy people live by this. Why? The rewards of becoming great at a skill far outweigh the pain they have to endure in the process.

10. They are always learning
Despite his ASL, Stephen Hawking has made prominent scientific discoveries. What is more, he has found the words to tell the world about his findings.

Like Hawking, the happiest people all have one thing in common. They are lifelong learners, constantly reading new books, exploring other cultures, learning new languages, etc. It is an ongoing process because without growth there’s no life.

The 10 Proven Habits of the Happiest People In The World

Make Your Small #Business Seem Like A Big Business #MillionaireMindJPLOGAN

Inside every small business owner is a corporate giant just waiting to get out.

Just because you own a small business, it doesn’t mean that it has to seem like a small business. There are so many things you can do to make your business look much larger than it actually is, which is going to give you more credibility to the public. Giving off the impression of being a big business is also going to scare the competition, which is exactly what you want to do. Here are three ways that you can make your small business seem like a big business.

Addresses and Phone Systems

The first thing we need to discuss here is your location. In order to give the appearance of being a larger company, you should have more than one physical address. It doesn’t necessarily mean that you have to actually get mail sent to these addresses. They could be the addresses of businesses where your friends or family members work. But, they are going to make your listing look a lot more important. After all, if there are numerous offices, it must be a huge and successful company, right? While you are at it, you should also update your telephone system. Instead of having a receptionist (which may seem weird to customers and clients if you list multiple addresses), get an 800 number. This shows that yours is an established business, and it gives callers options so they can be navigated to the right department. Again, this is going to make your business seem a lot larger than it really is. Use three-digit extensions instead of single-digit, to make it look like there are more departments and more employees.

Get a Great Website and Use Online Sales Tools

You may be tempted to use a web host that lets you create your own website in a matter of minutes. Don’t do it! No matter how small your business is, the website should be designed by a professional who knows what they are doing. In fact, it is even more important for small businesses, because the more professional you look in the public eye, the more confident the public is going to be with your business. It is also going to make your business look bigger, because having a website designed is expensive, and not everyone can afford it. If you sell to businesses, you better skip the “web designer” altogether and go with someone who can architect the entire customer experience for you, web design, strategic content and all. You may hire inbound sales training and sales enablement from a company like SalesHub to acquire new customers from your website – “it only hurts once” as they say!

The internet has enabled businesses of all sizes to sell to both consumers and companies alike. You should take the time to research what’s possible, and find expert vendors and partners you can trust.

Don’t Put Your Title on Business Cards

You probably have your title listed on your business cards, just like millions of other small business owners do. While this is not necessarily a mistake, it is something that you should not do. There are actually several reason to not do this. For starters, if you have “president” or another impressive-sounding title, and you run a small business, people aren’t going to take you seriously. After all, it is just big companies that have presidents, right? Also, you do a lot of different jobs, so one job title is not going to accurately describe what you do. It is best to simply leave your title off the cards completely. If someone wants to know what you do, they will ask, and you can tell them at that time. You can also introduce yourself with any title, and it isn’t going to contradict what is on your business card.

http://www.lifehack.org/402331/3-ways-to-make-your-small-business-seem-like-a-big-business

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