businessethics

This Week in Startups is brought to you by… Curotec. Are you one of those companies that knows you need to be using AI, but you're not even sure where to start? Well then you need Curotec. They are AI experts, and they're offering TWiST listeners an AI Strategy Roadmap tailored to your business for $5000. That's 50% off the normal cost just for telling them we sent you. Check out http://www.curotec.com/twist  and get $5000 off!

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Today’s show:

Lon Harris sits down with Jason to examine product-market fit and market-pull and their role in McDonalds' success (21:11), the importance of complementary skill sets between founders within any startup.(32:41), the path of doubt, fear and uncertainty that founders experience (45:29), and more!

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Timestamps:

(0:00) Lon Harris joins Jason

(3:35) Lon brings us quick hits on the film The Founder.

(9:30) Lon shares his admiration for the film

(10:16) Jason discovered the film through a curious link with Mark Knopfler.

(12:02) Curotec - Check out http://www.curotec.com/twist and get $5000 off

(16:00) Delving into the McDonalds' story

(17:47) Discussion on a common entrepreneurial revelation: efficiency and customer focus

(21:11) Examining product-market fit and market-pull in "The Founder" and its role in McDonalds' success.

(24:09) Northwest Registered Agent - Get a 60% discount on your next LLC at http://www.northwestregisteredagent.com/twist

(25:36) Building a series of innovations will create enormous value.

(27:35) Ray Kroc takeaway: the pursuit of relentless self-improvement on the way to his one big win.

(32:41) The importance of complimentary skill sets between founders within any startup.

(34:25) Masterworks - Skip the waitlist to invest in fine art at https://www.masterworks.com/twist

(35:43) Exploring strengths and criticisms of the franchise model.

(41:36) The role of spouses in startup formation

(45:29) The path of doubt, fear and uncertainty that founders experience before any winning.

(49:54) Lessons around deal-making and negotiation.

(1:00:07) The power struggle between the McDonald brothers and Ray Kroc

(1:02:43) Discussing the significance of equity and stock ownership in business

(1:08:26) Ray Kroc’s brilliance came from his power to observe value and opportunity.

(1:16:51) Business Breakdown Awards for “The Founder”

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Thanks to our partners:

(12:02) Curotec - Check out http://www.curotec.com/twist and get $5000 off

(24:09) Northwest Registered Agent - Get a 60% discount on your next LLC at http://www.northwestregisteredagent.com/twist

(34:25) Masterworks - Skip the waitlist to invest in fine art at https://www.masterworks.com/twist

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Follow Lon:

X: https://twitter.com/Lons

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Follow Jason:

X: https://twitter.com/jason

Instagram: https://www.instagram.com/jason

LinkedIn: https://www.linkedin.com/in/jasoncalacanis

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Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland

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Check out Jason’s suite of newsletters: https://substack.com/@calacanis

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Follow TWiST:

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Twitter: https://twitter.com/TWiStartups

YouTube: https://www.youtube.com/thisweekin

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Subscribe to the Founder University Podcast: https://www.founder.university/podcast

Day 519.

Today, we bring you the latest news from the Ukrainian counter-offensive, analyse the challenges facing Ukrainian drone pilots, and look at the issues around Unilever in Russia. 

Contributors:

David Knowles (Host). @djknowles22 on Twitter.

Maighna Nanu (Foreign Reporter) @Maighna_N on Twitter.

Joe Barnes (Brussels Correspondent). @Barnes_Joe on Twitter.

Matt Oliver (special correspondent for the Telegraph's business team) @mattotele on Twitter.

With thanks to Svitlana Morenets (Ukrainian Journalist, The Spectator) @SvMorenets on Twitter.

Find out more: 

Evan Gershkovich’s website: freegershkovich.com

Subscribe to The Telegraph: telegraph.co.uk/ukrainethelatest

Email: ukrainepod@telegraph.co.uk

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Hosted on Acast. See acast.com/privacy for more information.

Everyone has bills to pay, and the Treasury Department is no exception. As we get closer to the debt ceiling “X date,” the Treasury finds itself with less and less money to pay for its existing obligations. We talk about how much cash Secretary Janet Yellen has to work with, and the government’s plan to prevent a potential default. And, Tina Turner’s legacy goes beyond rousing music. Plus, in the Make Me Smile department, a discussion on cruises, family vacations and space travel!

Here’s everything we talked about today:

• • “Orders surge for trans designer after Target pulls products” from Reuters

• • “Tina Turner Was Open About Her Abuse. Now Her Legacy Is Saving Survivors” from Rolling Stone

• • “Biden Administration Dusts Off Contingency Plan if Debt-Ceiling Deadline Passes” from The Wall Street Journal

• • “US Credit Rating at Risk of Fitch Cut on Debt-Limit Impasse” from Bloomberg

• • “Credit rating agency warns it may downgrade US debt rating, driving up costs” from CNN

• • Tweet from @kaileyleinz on the Treasury cash balance drop

• • “Half-Empty a Year Ago, Cruises Are Now Packed Like Sardines” from The Wall Street Journal

• • “Cruising Is Back in a Major Way” from Travel + Leisure

• • “I Won’t Be Going on Any Cruise Ship With Millennials” from The Wall Street Journal

• • “Hibernation artificially triggered in potential space travel breakthrough” from The Guardian

• • “James Cameron Working on New Terminator Movie, Wants to See How AI Affects the Real World” from MovieWeb

There are only two more days for our May fundraiser. We can’t do this without your support!

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The multi-billionaire defended his ownership of Twitter in a last-minute interview live from the company’s Silicon Valley HQ.

This extra episode of Americast features his rollercoaster conversation with the BBC’s James Clayton in full.

It came out of an email exchange over the BBC’s labelling on Twitter as "government-funded media" – Musk replied himself and agreed to an interview "tonight".

Asked about the mass layoffs of Twitter staff, misinformation on the platform and his unusual work habits, Musk at times tries to do the interviewing himself and admits that owning Twitter has been "quite painful".

HOST: • James Clayton, BBC North America tech reporter

GUEST: • Elon Musk, Twitter CEO

GET IN TOUCH: • Send us a message or voice note via WhatsApp to +44 330 123 9480 • Email Americast@bbc.co.uk • Or use #Americast

Find out more about our award winning "undercover voters" here: bbc.in/3lFddSF.

Robert is joined by Margaret Killjoy to discuss Peter Nygard.

(2 part series)

See omnystudio.com/listener for privacy information.

On Bravo’s The Real Housewives of Salt Lake City, Jen Shah drives a Porsche, throws lavish parties, and brags about her $50,000-a-month shopping sprees. But when she gets arrested on camera and charged with serious federal crimes, including conspiracy to commit money laundering, it becomes clear she’s been leading a double life. Now, this drama queen is getting her own reality check. 

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