With the sharing economy expanding, TaskRabbit, which focuses on connecting freelancers to available chores, has rolled out a new on-demand service that will allow users to complete tasks within 90 minutes.
The San Francisco-based start-up’s new iOs app launched Tuesday. It will enable consumers to book and confirm a task within five minutes, with most chores completed in 90 minutes. Tasks can range from home cleaning to moving help.
“When I founded the company in 2008, on-demand was not something that anyone even talked about,” said TaskRabbit CEO Leah Busque. “We’ve seen the trend of mobile technology really push the trend of consumer expectation to be in real time.”
In an interview with CNBC, Busque also said her start-up will become profitable this year
More consumers are seeking goods and services, available in real time and through a few clicks on smartphones or other platforms. And other companies in this sharing economy space including Uber and Etsy also are offering various on-demand options, everything from courier services to delivery of food and goods.
TaskRabbit’s on-demand offerings are diverse and include home repair and deliveries. Busque said mobile usage has tripled year-over-year in
Ingvar Kamprad is worth more than $40 billion
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Extreme frugality is the secret to untold wealth, if the habits of billionaire Ikea founder Ingvar Kamprad are anything to go by.
The mogul is so thrifty, he stocks his wardrobe with second-hand clothes. “I don’t think I’m wearing anything that wasn’t bought at a flea market,” Kamprad says in an upcoming documentary for Swedish television, according to Agence France-Presse.
He also prefers cheap haircuts, explaining in a 2008 interview with Swedish newspaper Sydsvenskan:“Normally, I try to get my haircut when I’m in a developing country. Last time it was in Vietnam.”
Kamprad, who turns 90 on March 30, said penny-pinching helped Ikea’s success. It probably also helped him amass a fortune worth more than $40 billion, according to a Bloomberg estimate.
Apple Inc. is working with partners in the U.S. and Asia to develop new wireless charging technology that could be deployed on its mobile devices as soon as next year, according to people familiar with the plans.
Apple is exploring cutting-edge technologies that would allow iPhones and iPads to be powered from further away than the charging mats used with current smartphones, the people said, asking not to be identified as the details are private. The iPhone maker is looking to overcome technical barriers including loss of power over distance with a decision on implementing the technology still being assessed, they said.
With iPhones and iPads generating more than three quarters of Apple’s revenue, new technologies can give its devices an edge and help the company sell products at a premium in a slowing market. Samsung Electronics Co., Sony Corp. and Google Inc. are among rivals that have released wirelessly-charged smartphones that still require proximity to a charging plate.
Efficiency of power transfer decreases as the distance between transmitter and receiver grows, which means batteries take longer to recharge.
Trudy Muller, a spokeswoman for Apple, declined to comment when contacted by Bloomberg News.
In 2010 Apple made a patent application outlining a concept
For decades I have observed business trends from the stage and from the trenches. For the third consecutive year, I am pleased to share with you what I see as top business trends that leading companies embrace to drive success. In some cases, I spot trends that are starting to take shape. In other cases, I spot established trends that have not yet found their way into the mainstream. I see some of these patterns by interacting with participants when I speak at events, and others I notice while working closely with businesses of varying sizes. Feel free to take a look at my past predictions from 2015 by following the link at the bottom of the article. Here are the Top 10 Business Trends That Will Drive Success in 2016.
1. Top Performing Companies Will Focus On Connecting Customers
In discussions with industry leaders like Seth Godin and Clay Hebert (among many others), it has become clear that we are in a Connection Economy. The connection economy rewards value created by building relationships and creating connections, rather than building assets by industrialism. This means the most valuable companies will connect buyer to seller, or consumer to content. If you don’t buy
Whether you’re starting a business on the side while still employed elsewhere, a student or homemaker looking for extra income, or unemployed and trying to figure out what to do, there are plenty of opportunities for you to start up a side business inexpensively. It’s unlikely any of these will make you a living in the first few months, but they all have the potential to grow into full-time businesses. We’ll take a look at 10 such opportunities and, most importantly, tell you what to do with the $20!
It’s what everyone who’s ever surfed the Web dreams of-just stick a web site up there and watch the cash roll in! Well, that just doesn’t happen overnight, but the fact of the matter is it’s really not very hard to do.
To do it right, start by picking a subject matter you know a lot about. Then get a domain and create a web site. It doesn’t even matter what technology you use-just be totally anal-retentive about it looking good and provide plenty of original content. Now find some appropriate affiliate programs-that’s where your revenues are going to come from. Next, learn
A battle of opinions rages about the future of the auto business, and the sentiments couldn’t be more different.
Two days ago, Fiat Chrysler Automobiles CEO Sergio Marchionne said Chrysler would exit small cars to focus on Jeep SUVs and Ram pickups. Yesterday, Ford Motor CEO Mark Fields said the company could partner with other automakers on building small cars while cheap gas makes them a tough sell and drives demand for big-iron trucks and SUVs.
Today, the world’s largest automaker, Toyota Motor , made a $3.2 billion bet on small cars, buying full control of its mini-vehicle subsidiary Daihatsu. Daihatsu, which it had previously held a 51.2% stake in, will now be integrated fully into Toyota, with the aim of developing it into a global small car brand.
“The importance of small cars is increasing,” said Toyota CEO Akio Toyoda today in a hastily arranged press conference after rumors about Daihatsu had circulated in Tokyo for days. Japan’s Nikkei newspaper even reported that Toyota was
If you’re not familiar with the Peter Principle, you must be new to the working world. It’s a brilliant management concept with far-reaching implications, not to mention a hilariously clever bestselling book by the same name.
The idea, developed by Laurence J. Peter back in the hippie era, is that everyone in an organizational hierarchy inevitably reaches their level of incompetence. The reason is simple. People who are good at their job keep getting promoted until they reach a level that exceeds their capability. And that’s where they remain.
Evidence of the Peter Principle is everywhere. We’ve all come across incompetent managers and wondered how the heck they ended up in positions of authority. It’s logical to assume they were once good at something, and indeed, they were. So they were promoted until they were in way over their heads.
As for all the dysfunctional executives that have no business running anything, let alone a corporation or an organization with so much at stake, they got to the top exactly the same way. That also explains why all those incompetent managers never get fired. Their bosses are clueless, just like they are.
While Peter’s eponymous principle presents a fascinating theory of why all hierarchies
Let’s face reality — no one can satisfy all the people all the time. In business, this means an entrepreneur who never says no to any customer is doomed to a hard life and some expensive mistakes. Many people will argue that total customer satisfaction is paramount, but I’m a pragmatist who believes that treating everyone the same really means treating all of them poorly.
For example, I have known several sincere technology entrepreneurs who were so busy adding and updating features for their product to satisfy early adopter requests, that they ended up with a bloated, hard to use, late to market and expensive solution which really satisfied no one in their primary market demographic. That’s not a happy situation for real customers or the business.
Related: Mark Cuban on Why You Should Never Listen to Your Customers
Thus, I have developed some guidelines that I believe will help you know when it’s appropriate to go all-out for a customer, and know when it’s better to say no with conviction and finality.
1. Everyone who expresses interest is not necessarily a customer.
Everyone on your team needs to be trained to recognize prospects who match your target customer set. You can garner more goodwill by directing other prospects to