Bootstrapping In America

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Howard Tullman & Time as a Resource

Bootstrapping In America

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Since we last interviewed Howard, he's been jet-setting, giving speeches, and more! But he's back in the studio to walk through some of his recent observations about society and business. Here are some of the highlights:

  • Recapping his Trader's Expo speech, Howard walks through the impact of technology and how it will influence nearly every industry (which of course influences the market as a whole).

  • We're all "out of control" with our cell phone use. So how do we find a balance between being glued to our phones, checking work emails, etc. and spending quality time away from technology?

  • Time is the scarcest resource in our lives, and the most successful businesses are the ones that will save us time, and Howard predicts that convenience will continue to trump everything.

  • Not every business understand the second sale. You have to help your supporters, and give them "ammo" to get the job done. The best people to do that are your own employees and your own customers. You want employees use personal emails to get the message out/get the message to their customers.

  • The next killer app is going to be voice. The ability to use Amazon's Alexa or similar products to play music, order food, etc is going to continue to spread.

  • Real-time pricing is going to spread as well, in parking, in food, and more.

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