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Steve Jobs: Man On A Mission

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Millions of people around the world today are proud owners of Apple products, from smartphones to watches and laptops. The passion and creativity of one person has reached people in the corners of the globe, making Steve Jobs, the founder of Apple, one of the most influential people in the tech industry. Some say the founder of Apple lost his footing on his way to success. But, few will disagree that Apple lost its sense of direction and pioneering spirit without Jobs on the front line. Engineering one of the most amazing turnarounds of the 20th century, Steve Jobs cemented his name in history as an icon of American business.

Every Apple fan knows the story of how the son of a machinist with an interest in electronics set out to build a computer for every household sparking the personal computer revolution. However, there are still a few facts that are not common knowledge!

Here are a few lesser known facts about the one of the most inspiring entrepreneurs, Steve Jobs.

1. Apple
Jobs decided to name his company Apple on his visit to an organic farm to collect fruits. He was a fruitarian and his diet consisted of only fruits and fish. 

2. Apple’s typography and font
After dropping out of college, Jobs continued his education by informally auditing classes. One of those courses was a calligraphy course, which was instrumental in the future Apple products’ attention to typography and font.

3. Annual Salary
Jobs’ annual salary at Apple was only $ 1 annually. However, he was a majority shareholder of Disney stock after selling Pixar and held close to 5.5 million shares of Apple stock. 

4. Packaging
An entire team at Apple was dedicated to study the experience of opening a box. Jobs insisted on achieving the excitement and emotional response level that is now common with all the Apple products.

5. Patents
Close to 346 United States patents have been listed with Steve Jobs named as either the inventor or co inventor. Apple’s famous glass staircase is one such patented attraction that pulls passersby into the store.

6. Mentor
Steve Jobs acted as a mentor to Larry Page and Sergey Brin, the founders of the search engine giant Google. He even shared some of his advisers with the duo but was furious when Google went on to launch the Android operating system.

7. Pancreatic Cancer
When Jobs was diagnosed with Pancreatic cancer, he waited for nine months before undergoing surgery. He instead opted for an alternative medicine regimen, including a vegan diet, acupuncture and herbal remedies, even consulting a psychic.

8. Bill Gates
Although they were rivals for a majority of the time, Bill Gates and Steve Jobs hit it off while doing an event together for the Bill and Melinda Gates Foundation. Bill Gates even wrote a letter to Jobs about how Jobs should feel great about what he had done and the company he had built. Jobs appreciated the letter and kept it by his bedside.

9. Last words
Till date, no one has been able to decipher Steve Jobs last words which were “Oh wow, oh wow, oh wow.” Jobs spoke these last words on his deathbed while gazing over his family’s shoulders before passing away on Oct 5 at the age of 56.

10. Steve Jobs: The Man With A Mission
One of Steve Jobs’ most famous quotes is “I want to put a ding in the universe.” I think it is safe to say Steve Jobs managed to put more than just a ding in the universe!

Watch Steve Jobs inspire graduates and entrepreneurs to dream big and achieve their dreams in this motivational video! 

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Indian Actresses Who Have Made Recent Investments In Startups

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Any startup which begins with an idea will look to nurture it and develop it into a viable product.  This is followed by lots of testing with focus groups, until a final version of the product is ready.  However, most startups are more often than not bootstrapped and therefore run on a very stringent budget.  Therefore, startups often look to attract an investor for a fresh influx of money and also to scale up.  While there are many venture capital firms which are always on the lookout for exciting startups, Indian movie celebrities are also known to invest in promising startups.  

In this article, we give you a list of leading Indian actresses who have invested in startups recently.

1) Deepika Padukone

Deepika Padukone is one of the most alluring actresses of this generation.  Deepika invested in the popular yoghurt company Epigamia last year.  Her latest investment is into the learning and communication platform Frontrow.  The actress was joined by marquee investors like Lightspeed and Elevation Capital to invest $3.2 million in the startup.  Frontrow’s learning platform focuses on creative arts and sports and that is what attracted Padukone’s investment in this startup.

2) Kajal Aggarwal

Kajal Aggarwal picked up a stake recently in the gaming platform called Okie Gaming.  Kajal will be helping the startup in its promotions, marketing and PR and to attract new users to the platform.  Aggarwal picked up a 15% equity stake for an undisclosed amount of money.

3) Alia Bhatt and Katrina Kaif

Alia Bhatt invested an undisclosed amount in the beauty and cosmetic startup Nykaa.  Earlier in May 2020, Nykaa raised Rs. 100 crore ($13 million) from Steadview Capital, one of its existing investors.  Katrina Kaif also invested in Nykaa and also has her own line of products called Kay Beauty.  

ALSO READ: 5 Cricketers Who Are Entrepreneurs

4) Aishwarya Rai Bacchan

Aishwarya has been ruling the Indian movie industry since a long time, but has taken a step back from the limelight after her marriage to Abhishek Bachchan.  However, the actress has not been idle and has instead redirected her efforts to invest in promising ventures.  Aishwarya Rai Bachchan along with her mother Vrinda became angel investors in 2019.  They invested in Ambee, an environmental intelligence startup, which monitors air quality by gathering data– and have already installed over 100 sensors in Bengaluru.

5) Priyanka Chopra Jonas

Priyanka Chopra invested in the social networking and dating application Bumble in 2018 which was before Bumble had a presence in India.  While Bumble’s parent company MagicLabs was acquired by American based Blackstone, it is not confirmed whether Priyanka Chopra’s stake was bought out.  Priyanka Chopra continues to be involved with Bumble for their branding assignments.

6) Shilpa Shetty

Shilpa Shetty invested Rs. 1.6 crores in the fast moving consumer goods company Mamaearth which produces and sells skincare, haircare and babycare products. 

While this is just the list of actresses who have made recent investments in startups, there are a lot of movie celebrities who have invested in startups across the globe.  The startup ecosystem in India can take heart from the fact that movie stars are willing to align their brand with startups.  The future most definitely holds exciting prospects to see into what startups celebrities will be investing.

 

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Six Things Tesla Sells Other Than Cars

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Tesla is the leading car manufacturing firm which mainly focuses on automobiles which run on electricity powered by batteries.  The company name Tesla, is a tribute to Nikola Tesla who was an inventor and an electrical engineer, born in the Nineteenth Century.  Tesla, the company, is known for making cars which run on artificial intelligence and can navigate by itself and that is what sets it apart from other leading automobile brands.  Tesla cars are known for high customer satisfaction and also for cutting edge technology and design.  But it may come as a surprise to know that cars are not the only thing Tesla sells.  We have compiled a list of items Tesla sells or sold and some of them may come as a surprise.

1) Tesla Toy Model S

Tesla manufactures toy models of its famous Model S, for children to drive around and are made by Radioflyer.  The toy car is fully electric and even comes with a MP3 player.  The toy car comes in two modes one of which has a top speed of 6 mph or it can be a parent limited speed of 3 mph, which can be done with the flip of a switch.  The toy model retails at $ 600 a piece.

2) Tesla surfboards

Tesla sold surfboards which were limited to only 200 and made by a man named Matt “Mayhem” Biolos and produced by Lost Surfboards.  The surfboards sport the red and black finish of Tesla cars and were also reinforced with carbon fiber.  The surfboards were sold out quickly but ended up on ebay for more than twice the price they were purchased.  

3) Desktop Superchargers

Tesla is the leading designer of high speed superchargers and has nearly 13000 supercharging stations spread across the United States of America for charging Tesla cars.  Tesla made exact replica scale models which can be put on desks and can be used to charge cell phones.

ALSO READ: Six Innovations By Elon Musk

4) Power Banks

Powered by the same battery technology which made Tesla cars famous, the power banks can be used to carry wherever you go for your charging needs and cost $ 45 a piece.

5) Branded Apparel

Tesla also sells branded apparel for both men and women and they include jackets, sweatshirts, hats, beanies, sweaters, pullovers and shirts.  T shirts cost $ 35, long sleeve shirts are $ 40, hoodies, sweatshirts, sweaters, and pullovers range from $ 50-$ 95, and jackets go for between $ 120-$ 180.

6) Tesla Tequila

Tesla Tequila is the latest product to be listed on the Tesla website and retailed for $ 250 apiece.  The product which is sold in a sleek lightning shaped bottle has an interesting backstory.  Elon Musk tweeted the idea of “Teslaquila” on April Fool’s Day in 2018, which many of his followers considered a joke.  The name ran into trouble with Mexican Tequila producers because ‘Tequila’ is a protected word according to Mexico’s Tequila Regulatory Council.  

Bonus product:

Tesla Short Shorts

Tesla launched a limited edition shorts called as Tesla Short Shorts in June 2020 which retailed at $ 69.420.  The price has 420 which is a reference to marijuana and also referred to $ 420 a share price which Elon Musk suggested in 2018 to make Tesla a private equity firm once again.  The shorts were also a jab at the investors and short sellers.

Elon Musk is always known to come up with ideas like these on the spot when he feels the Tesla car sales are running low and there is a need for shoring up revenues.  It will be interesting to see what kind of products which Elon Musk will come up with in the future and they are guaranteed to grab eyeballs in true Elon Musk fashion.

 

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How to Promote Internationalization Through Remote Team Management

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Guest Post by Rio Fontanilla 

The COVID-19 pandemic has completely expedited the adoption of remote work strategies in an effort to maintain continuous business operations and profitability around the world.  Remote team management and the ability to enhance team communications in a work from home environment has become increasingly common.

Aside from this, the work from home setup has also made an indirect effect on the growing internationalization of the workforce.  As businesses move much of their operations online, the physical limitations of the traditional office setting have largely been blurred, allowing employers to source better suited talents from all over the world.  As more and more businesses adopt remote work as their primary mode of operations, particularly as the world plunges into the second wave of the pandemic, it is highly likely that remote collaboration will remain the new reality for years to come.

Internationalization of the workforce – Lost in Translation

With this opportunity comes a slew of challenges when it comes to managing a multilingual team remotely.

First, are the obvious physical hurdles that companies have to address such as being able to provide the right tools to employees or even something as basic as access to Internet infrastructure.  Even experienced team builders, HR heads, and operations managers would find sourcing the right hardware and software to support international collaboration different from furnishing one or two office spaces.  For this, the United States Chamber of Commerce has created an in depth report on how to create remote work policies that promote employee productivity and well being

But the greater challenge is being able to coordinate a team from different countries, not only overcoming geographical barriers and time differences, but more importantly overcoming language and cultural barriers.

This is why companies must put policies and initiatives in place to promote digital workplace internationalization. By working with experts, employers can make sure business processes across all verticals maintain productivity through multilingual support.

Employers must make sure that everyone in the company regardless of where they are in the world, what language they speak, or how big or small their teams are, must have the necessary tools and resources to carry on their tasks.  This means that everything including operations manuals; procedural guidelines; employee onboarding materials; handbooks; contracts; and even business related software and hardware must be standardized and be available in multiple languages.

It is then crucial for executives and teams leads to work with language, HR, and accessibility experts to formulate a standardized internal communications strategy that is clear, concise and culturally sensitive.  Companies should then make sure that this strategy would be implemented faithfully in all languages spoken within the organization.

Internationalization for Remote Multilingual Team Management

According to the University of California at Berkeley, human resources network, promoting productivity and teamwork requires clear goals and constant input from everyone in the team. Employers need to foster an open, digital workplace environment that is conducive to close collaboration and knowledge-sharing while promoting trust and cooperation among employees.

Understanding the implications of the internationalization of the organization is crucial in properly managing a multilingual team.  These concepts help foster a culturally sensitive approach towards not only customer facing communications but also internal communications as well.

The principles of internationalization and globalization are likely more familiar to marketing teams, but these principles are also relevant when dealing with international or multilingual remote teams as well.  A little bit of cultural sensitivity can go a long way towards cementing team member relations, even for remote and multilingual teams.  By promoting open communication among members of the organization, team leads will be able to clearly understand the hindrances to productivity and team cohesion.

To ensure better cultural and linguistic sensitivity, it is advisable for businesses to incorporate them into employee training and create initiatives that would celebrate the cultural diversity of the digital workplace.

Internationalization and multilingual communication

There may be occasions when the necessary team personnel has no capacity to communicate effectively with one another.  Tools and resources may be able to support multiple languages but human collaboration would often be a lot more limited.  Unless there is the off chance that everyone in the team is multilingual, there would definitely be misunderstandings and miscues along the way.

Perhaps the best way to avoid getting lost in translation during multilingual meetings and real time collaboration is by taking a page off of the United Nation’s book.  Many international organizations like the United Nations, the World Health Organization, and others have similarly resorted to software and hardware solutions for remote meetings like any other business, but utilize remote video interpreters in order to effectively communicate with one another.

While hiring professional interpreters or utilizing interpretation service providers may seem like a needless use of company resources, but by enabling clear and efficient communication among multilingual teams, businesses can eliminate miscommunication and essentially avoid potentially costly mistakes.

Communications consultant and author David Grossman, highlights the importance of a clear understanding of creating an effective and productive multilingual organization.  He notes that face to face conversations and feedback techniques are important in allowing one’s audience, in this case, the employees, to build a foundation of understanding.  This can only be done if the translation is done effectively.

Employees are generally more perceptive and open to providing well thought out input when they are allowed to speak freely in their native language.  In order to bolster the organization’s efforts to create an atmosphere for diverse ideas, leaders must incorporate translation or interpretation not only in core resources but also in everyday communication so that teams across different countries would not become segmented in silos.

While not all organizations find that the remote work setup works for their business model, many companies who have made the jump from brick and mortar, to mostly digital out of necessity would find that this new normal would better suit their goals for growth.  Digital transformation and internationalization provide agility and scalability of business expansion, allowing businesses to source the best human talents and resources as well as reach new consumers.  However, companies need to understand the operational and personal nuances of their internationalized workforce to be able to scale as efficiently as possible. To do so requires a heavy investment in providing employees with all the resources needed for them to perform their duties without language being an obstacle.

 

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