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Apple 🤝 Google’s Gemini
Want to showcase your company's latest research report? Social media is your best bet.
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Hello, there!
It’s been an action-packed week 🙌
Podcast: Climbing Mountains in Life and Business with Jonathan Ronzio
Success story: Descendants on Managing an Inherited Legacy and Business
Using Social Media to Amplify Your Research
Weekly Business Challenge: The Social Media Giant That Acquired Vine 🤔
But first, a tour of the headlines…
Weekly Catchups
News | Industry Insights | Trends
Apple 🤝 Google’s Gemini
Apple is weighing a deal to have the iPhone’s upcoming AI features powered by Google’s Gemini. Any potential deal between the two will come under scrutiny from regulators, especially with the tech giants having a $20 billion search engine deal subject to a DOJ lawsuit. This is a signal that Apple is serious about sinking its teeth deep into the AI game, perhaps leaving investors worried that Apple’s AI tech is falling behind.
Neuralink introduced the first human subject to receive the company’s brain implant, a 29-year-old man who has been paralysed from shoulders down for eight years after a driving accident. In a brief livestream on X, Noland Arbaugh said he could play online chess using the Neuralink device. Elon Musk’s company is developing a brain-computer interface which decodes movement intentions from brain signals.
Facing the threat of a ban, TikTok aims to highlight its value to the U.S. economy. According to a new report from Oxford Economics, the video platform contributed $24.2 billion to the U.S. economy in 2023. Furthermore, the report says nearly 40% of SMBs find TikTok critical, and it supports an estimated 224,000 jobs.
Podcast 🎙️ Embark on an adventure of entrepreneurship with Jonathan Ronzio! Join us as we journey through the creation of a video business, navigating challenges and triumphs from New Zealand to remote landscapes like Denali and Aconcagua.
Uncharted Horizons
Personal Development | Success Story
Josh Tupper & Niki Russ Federman
The Descendants
Niki Russ Federman and Josh Tupper inherited no crumbling empire when they took over their great-grandfather Joel Russ' legacy business but a rich culinary heritage. Joel, a Jewish immigrant in New York, started selling herring out of barrels in 1907, and by 1914, Russ & Daughters at 179 East Houston Street in Manhattan was born. This bagel and lox purveyor has cheered many for over a century, serving its beloved bagels, bialys and smoked fish.
Fourth-generation business owners Niki and Josh knew running operations would be no cakewalk: navigating family dynamics, keeping up with the pressures of legacy, and dealing with large businesses seizing every chance to buy out their family venture. But they chose not to give up on their heirloom.
Under Niki and Josh’s management since 2010, the company has grown from a single storefront with twenty employees to a 150-person with a full-service restaurant, retail locations, a nationwide shipping facility, and bakery and catering operations.
We’re not just looking at the next quarter or shareholder meeting. We’re thinking about how a decision plays out for the next generation
Beyond Growth: Divulging the secret sauce of their success, Tupper and Federman say they have always sought to prioritise great food over reckless growth. The duo say they take a long-range view of things. “We’re not just looking at the next quarter or shareholder meeting. We’re thinking about how a decision plays out for the next generation of customers and, hopefully, family,” says Tupper.
Thinking Long Term: When Federman and Tupper looked for a new space for Russ & Daughters Cafe, they only half-joked about a 100-year lease with prospective landlords.
It is simpler for small private companies to choose expansion over longevity. However large organisations too have embraced the long view of doing business. Jeff Bezos, for instance, rallied behind long-term market leadership considerations rather than taking profits that hurt its stock price. Yet with its market valuation standing tall at $1.8 trillion, it is clear that this thinking paid off for Amazon and its investors.
Interactive: What Would You Do?
Weekly Business Challenge + Answer in The Following Week
Credits: Unsplash
This Week’s Business Challenge!
Take a guess: Vine, the pioneering social media platform known for its hilarious six-second looping videos, launched in 2013 and quickly became a breeding ground for memes, catchphrases ("Eyebrows on fleek!" anyone?), and internet celebrities. Despite its immense popularity, Vine shut down in 2016. But can you recall which social media giant acquired Vine early on, possibly hindering its ability to compete in the ever-evolving social media landscape?
Which social media giant acquired Vine in 2012? |
Send your responses to [email protected]
Stay tuned! We’ll be revealing the company name and how they addressed this challenging situation in next week’s newsletter.
Biz Hacks
Strategies | Tools | Marketing Tips
Credits: Shutterstock
Use Social Media to Amplify Your Research
Have you spent a staggering $20,000 on a research report to spin up a landing page only to discover no leads? Probably because you’re playing from an old playbook. Ads and press releases may need an influx of investments for promotions but not social media channels.
Here are five interesting ways to tailor your research content across social media platforms.
#1 Conduct A LinkedIn Live Event
Data on Buffer suggests users schedule 176% more live events year-on-year on LinkedIn. This is an unmissable opportunity to delve into research findings while your audience fields questions and gets responses in real time, guaranteeing a high engagement event.
Example: Clearance Job’s LinkedIn Live discussing the State of the Security Clearance Process 2024 report findings.
#2 Write A LinkedIn Article
Similar to a blog post, you can unpack your findings in an article published directly on the LinkedIn feed (If you’ve been following this section, you would have read how link-less platforms perform far better than content with links :))
Example: Industry expert breaks down Deloitte’s State of Generative AI in the Enterprise report with their thoughts.
#3 Ask Experts to Record Commentary
Audiograms include a background image, an audio recording, and running captions. You can use them on any social media platform to break up the user’s feed.
#4 Leverage the Power of Short-Form Content
Surveyed more than 1,000 customers and analysed millions of sales calls? It's time to wrap these results in a short video. Publish a Facebook/ Instagram reel or TikTok video linking the original report.
#5 Ask Employees For Unique Perspectives
A Refine Labs experiment found that LinkedIn personal pages get 2.75 times more impressions and five times more engagement than a company profile. When employees share the report with their POV, it humanizes the data and gives your audience more context behind the study
Don’t Miss It!
Networking | Business Development | Entrepreneurship
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