Welcome to Wednesday, Apexians. If you’re looking for the best stories about money, you’ve come to the right place. Every day, Jim and I dig deep on the internet to find the most interesting and useful stuff to share with you. Here’s what we have today.
Disruption starts with unhappy customers, not technology. [Harvard Business Review] — “In the common scenario that executives think technology is trying to disrupt their business, they try to find a way to develop that technology internally or buy it from others. Major auto companies like GM and Ford are a good example: they have spent billions to buy and then build electric and autonomous driving technologies…What these companies seem to have missed is that the most common and pervasive pattern of disruption is driven by customers.”
The common pricing mistakes that destroy luxury brands. [Jing Daily] — “Pricing mistakes are common in luxury and are one of the biggest culprits behind value destruction. One common mistake — surprisingly — is pricing a brand too low. This happens because managers aren’t fully aware of the Added Luxury Value they create.”
A retirement calculator worth your time. [The Retirement Manifesto] – “NewRetirement is a retirement calculator that’s worth your time. If you prefer to have an expert walk your retirement planning journey with you, they offer the flexibility to only pay for what you need. NewRetirement offers the entire gamut, and it’s a package that can help you achieve a great retirement.”
To wrap things up this Wednesday, here’s a video that has nothing to do with money. It’s a look at P!nk, the border collie from Pickerington, Ohio who has won the Westminster Dog Show 16-inch agility class three years in a row.
I love my pup. She’s intelligent, alert, and very food-motivated. This makes her easy to train. But I don’t think there’s any way I could get her to run an agility course like P!nk does. Who knows, though? Maybe I should try.
That’s it for today, my friends. I’ll back tomorrow with more great stuff. See you then.