EJC

April 13, 2021

CEO Personal Growth Update | #64

Hi everyone,

Last week, like every first week of the month, I got to sit down with each of our directors one-on-one and get their updates and challenges as we grow in Student Success Agency to create a platform our students and educators love.

We, as a team, are constantly dealing with the growing pain of doing more with less. I always get jazzed up by how much our team cares and how much they want to do. I often get discouraged with myself because I cannot meet their needs from a financial perspective. I always have to let them know that it will take more time, more patience, and us to do less for now.

We are very capital efficient organization and I am proud of it. I do think it will lead us in the right direction long term.

WHAT I AM READING:

What if you did not have proof of your identity? 1B in the world do not. 🎫
According to the World Bank’s latest World Development Report, entitled “Data for Better Lives”, about 1bn people have no official proof of their identity. More than a quarter of the world’s children under five are not registered at birth. Half of the 29 poorest countries have not completed a census in the past ten years—Congo has not done one since 1984—and only 40% have three or more estimates of poverty that can be compared across time. 


No Uber Driver Everywhere? 🚘
Uber appears to have a good problem: The company says it has more customer demand for rides in the U.S. than its current drivers can handle. On Wednesday the company shrewdly published a blog post announcing $250 million worth of cash it plans to dole out to U.S.-based drivers in the form of financial incentives, which are usually based on factors such as how many rides they handle for Uber, and minimum hourly earnings guarantees.


What happened to TOMS? 👞
A decade after millennials fell in love with the brand; it’s plotting a comeback that includes ending its sell-a-pair, donate-a-pair model.


Best Buy look to start their own Amazon Prime? 📺
Best Buy unveiled a new membership program that offers benefits including free installation and unlimited technical support as it looks to expand beyond just selling products and keep pace with Amazon.


70% of U.S. teens own AirPods, up from 52% last Spring 🎧

Salesforce is extending its remote work from home policy through the remainder of the year. 👩🏾‍💻

Salesforce plans to re-open its U.S. offices in San Francisco, Palo Alto and Irvine, Calif. next month but will also let all employees continue working from home through the end of the year, extending an earlier July 31 deadline, Brent Hyder, president and chief people officer, announced in a blog post.


Black and Brown Investors Embrace Bitcoin 💰
A recent Harris Poll survey found that in the U.S., 30% of Black and 27% Hispanic investors own cryptocurrency, compared with just 17% of White investors.


Twitter Starts Hiring Engineers in Africa 🐦
Twitter is planning to hire its first product and engineering team in Africa to expand its workforce in emerging markets where the social-media company hopes to attract new users.