Knowledge vs Experience

Self-explanatory.. knowledge_vs_experience

source: unknown

This is what Steve Jobs said in his popular Commencement Address in 2005 at Stanford University regarding “connecting dots“:

..you can’t connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future. You have to trust in something — your gut, destiny, life, karma, whatever. This approach has never let me down, and it has made all the difference in my life.

Startups vs Corporations, and what happens in between

Why founders of startups get replaced by the board when the startup starts to grow fast? Why many startups fail to integrate into the parent company after the acquisition? And why big corporations struggle to launch a successful startup from within?

Concept of RPV

RPV stands for Resources, Processes and Valuves.

Resources

At the initial stage of a company, all you need are good and reliable people that can get the job done i.e resources. At this stage resources are crucial, if you have a web technology startup and happen to find a great coder and UX developer then you are in luck. On the other hand, if you happen to hire the wrong developer, you will have a tough time launching that MVP (minimum-viable-product) of yours. Similarly, if your lead developer leaves at this stage to a competitor startup, it can greatly affect your product and even your startup as a whole. But this is also the stage where it’s easiest to solve your company’s problems, because most of the problems will be related to resources and usually they can be settled by hiring a new guy or firing an existing employee.

Processes

When your startup is at the stage where it has a product or service that is selling like hot cakes, and you start hiring a lot more people to grow both your company and its revenue, that’s where the processes come in. That’s because you want your operations, customer service, support, billing etc to be run efficiently. That’s when you start to setup company wide processes, different processes for different teams and departments, KPIs (key-performance-indicators), SLAs (service-level-agreements), SOPs (standard-operating-procedures) etc. This is the stage when efficiency is most important to the company, because efficiency is directly related to company’s revenues.

rpv startup

Values

The final stage is when a particular startup has become an established corporation. At this stage “company values” are normally setup to guide the employees in their daily work, dealings and most importantly in decision making. Values are guiding principles that dictate how the company is run in all walks of its life. At this stage, while still important, resources won’t be as important as they were at the “resources stage”. Hiring and firing happens quite often. Individual opinions within the company doesn’t really have any weight unless the person is a c-level. Continue reading

Usability: Designing for Large Screen Smartphones


Designing for Thumbs

In his analysis of 1,333 observations of smartphones in use, Steven Hoober found about 75% of people rely on their thumb and 49% rely on a one-handed grip to get things done on their phones. On large screens (over four inches) those kinds of behaviors can stretch people’s thumbs well past their comfort zone as they try to reach controls positioned at the top of their device.

via lukew.com

What moves the price of Bitcoin up?

Last week Microsoft announced that it is now accepting bitcoin for app purchases on Windows phones and Xbox. Many bitcoin enthusiasts were hopeful that this would positively affect the price of bitcoin and also facilitate the wider usage of bitcoin among gamers and general public at large. However, the news of Microsoft accepting Bitcoin went unaffected just like the previous news of Dell accepting bitcoin or DISH accepting bitcoin or Expedia accepting bitcoins for booking hotels and etc etc In fact, the price of bitcoin is hovering at $330-$350 which is one of the lowest in 2014.

What affects the price of Bitcoin?

What is mentioned above are some of the good examples of what does not affect the price of Bitcoin. That means, retailers simply accepting bitcoin alongside cash and credit card payments do not make people suddenly want to use bitcoin in their daily lives. Things that would make people want to use Bitcoin would be, for example:

  • Cheaper and more convenient international remittance services  (..than Western Union or traditional Bank Wire Transfers) – e.g; Imagine construction workers in Dubai sending money back to India without even visiting a bank branch and at a fraction of a cost.
  • Making it easier for freelancers to get paid, particularly from people or companies who reside in different countries
  • Making mobile banking and micro-payments available to feature phone users via the traditional SMS technology (61% of world’s population is still not connected to internet). Telcos could play a big role in this area.
  • Being able to auto-reload your smart cards when the credit on it approaches certain minimum threshold (this could easily be done by smart contracts on blockchain)
  • Decentralization of platforms via blockchain technology;
    • decentralized cloud storage services – this would mean emergence of truly cloud services that would make “100% uptime” a possibility
    • decentralized publishing services – this would mean certain countries not being able to ban as easily as they ban Twitter at the moment
    • decentralized finance and banking services – this would mean possibility of  banking systems working 24/7, instead of 9-to-5, thus improving efficiency
    • decentralized voting services – making elections transparent and every single vote accountable and traceable (without disclosing the personal details of the voters of course)
    • etc etc

As you can see from the examples listed above, there is a stark difference between the news that we have been hearing for the past 12 months. So far, what we have been seeing in the news is that retailers are accepting Bitcoins. They are treating Bitcoin purely as an additional payment option to Credit Cards. For the average Joe, this doesn’t give any compelling reason for him to start paying with Bitcoin instead of his Credit Card.  Continue reading

Preceden: Timeline Generator Tool

I might have found the timeline generator tool that I have been looking for – it’s clean, simple and user-friendly. You can easily generate timelines for your small projects and export them in PDF, CSV or embed them in your websites (as seen below).

Free version allows you to add up to 5 tasks per project (which is quite less), pro version costs $29 that allows you to add unlimited number of tasks per project. The fee is a one-time fee which gives you lifetime pro membership.

URLhttp://www.preceden.com