July 27, 2019

Why You Should Observe Not Dismiss Your Competitors

first_imgIn almost any sector of life — sports, business, or otherwise — there’s a tendency for people to root against and dismiss their rivals. Some even giddily point out their weaknesses, mock their mistakes, and revel in their failures.Glenbard West Game vs. MortonAnd when those competitors succeed, it gets worse. We become envious, explain that success as a fad, wait for the bubble to burst, and angrily complain when we get less attention.At least that’s been veteran entrepreneur and venture capitalist Mark Suster’s experience in his time running and working with early stage startups. But, in a post on his blog Both Sides of the Table, Suster writes that being dismissive or envious of competitors is a horribly counterproductive practice.In reality, Suster says, companies should be embracing opposing views and studying their rivals’ successes and failures, identifying opportunities within them. Suster uses startups like FourSqare, Tumblr, and Instagram as perfect examples — companies that more established startups in their industries dismissed as fads when they started to gain traction.So, instead of being envious of other startups’ success, Suster suggests asking yourself this question:What can you learn from them?To read more of Suster’s post (which includes an entertaining anecdote about his own experience trying to bring Lenny Kravitz to the virtual masses on turntable.fm), click here.AddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to PrintPrintShare to EmailEmailShare to MoreAddThislast_img read more

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How to Handle Underperforming Sales Reps with Performance Improvement Plans

first_imgEditor’s note: This is the tenth post in a new series devoted to helping new sales managers survive and thrive in their new role. For more essential tips and tactics, sign up for our free email course, The First 90 Days: A Sales Manager Survival Course.  When the issue of poor performance comes up everyone gets uncomfortable, and understandably so. Poor performers are undoubtedly stressed and concerned about their futures. And as managers, dealing with poor performers isn’t fun. It’s preferable to work with top performers and engage in activities that will build and grow the organization.Too often, both poor performers and their managers suffer from avoidance. No one wants to talk about the elephant in the room — the bad performance — and instead they ignore and avoid. As a manager, this behavior is irresponsible! It’s irresponsible for the organization, the sales team and the individual. Failing to address poor performance brings the entire team down.If a person on your team is underperforming, it’s your job to course-correct and either create a plan and work with the struggling employee to rectify the situation or you let the employee go.Implementing a Performance Improvement PlanIn an ideal situation, an attentive manager will recognize performance issues early on, work to correct them through coaching and hope the employee falls in line. But, you can’t expect employees to perform up to par if you don’t clearly define your expectations of performance and the consequences of sustained nonperformance up front.However, if you’ve clearly outlined your expectations and a team member is not performing and none of your coaching or support is helping to improve their impact, then you must take action. The action taken varies from company to company, but most often takes the form of a performance improvement plan (PIP).While your company may have a standard PIP, it’s crucial to tailor the plan to the specific needs of the struggling employee in order to bring them up to a minimally acceptable performance level. Through the plan, the employee should understand what needs to be changed, by when and how to get there. And, they need to clearly understand the consequences of failing to meet their goals.But, as with most things, there are some caveats. The PIP has to be reasonable. You can’t expect a person to go from bottom performer to top performer. It’s not fair to expect them to make up a huge gap to quota, instead focus on improving their performance incrementally.When It’s Time to Part WaysAs managers, your responsibility doesn’t end with defining the performance improvement plan and wishing the team member in question good luck. You need to support, coach and help them correct their shortcomings. After all, your goal is to get the team member back into acceptable performance, not to the chopping block. You also need to recognize that you may have had a hand to play in their failure to perform, whether that’s because you made the wrong hire, failed to coach or did not set the proper performance expectations up front.Ultimately, if the person fails to achieve the goals you’ve established, you need to move them — either into a role in which they can perform, or out of the company. But, when you do make the decision to part ways, the move shouldn’t come as a surprise to the employee. You should also keep in mind that you owe the person respect. You should spend time making sure they understand where they failed so they can learn from the experience and apply those learning to their future roles.No matter how you approach firing an employee, you need to address the issue proactively and head on. Recently, I’ve seen too many managers take the cowardly way out of addressing performance problems either by leveraging a “Layoff’ or “Reduction in Force.” In my opinion, doing so is not only dishonest, but unfair. The person never knows their performance was unsatisfactory and, consequently, never has the chance to learn and avoid the problem in the future.Address performance issues head on, don’t avoid them. Show the individual the respect they deserve by letting them know where they stand and helping them improve. Be responsible to the rest of your people and the organization and make sure they understand that non-performance is not acceptable. And, if an improvement is not made, move on in a productive and respectable way.More Tips for New Sales ManagersGet caught up by reading any previous posts in the series you may have missed:A Foolproof Way to Increase Accountability without Micromanaging Your SalespeopleHow to Have Sales Meetings That Aren’t a Waste of TimeHow to Incorporate Sales Coaching into the Review ProcessAddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to PrintPrintShare to EmailEmailShare to MoreAddThis1last_img read more

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July 26, 2019

Congress Edges Closer to Legalizing Hemp

first_imgHemp Nation Add to Queue 4 min read Green Entrepreneur Podcast The Farm Bill compromise allows nationwide hemp production for any use — including CBD. The bill may pass before Christmas. Next Article Image credit: Victoria Bee Photography | Getty Images Kristen Nichols Brought to you by Marijuana Business Daily –shares December 11, 2018 Listen Now A long-awaited end to five decades of hemp prohibition has been approved by a House-Senate panel, opening the door to hemp production in all 50 states for any use — including CBD.The measure is included in the 2018 Farm Bill, which still must pass both houses of Congress before work is concluded ahead of Christmas and all pending legislation dies.“It’s long overdue. It’s very welcome,” said Jon Brandon, co-CEO of Foria, a Colorado and California company that manufactures THC- and CBD-infused sexual health topicals such as lubricants.“You see CBD everywhere now, and that’s with all the challenges we’d have getting payment processing, financial services, advertising, all of it,” he said. “You have to just imagine where CBD is going to go when those constraints go away.”Related: How to Start and Market Your CBD CompanyWhat the Bill SaysIn addition to lifting restrictions on advertising, marketing, banking and other financial services, the passage of the measure would:Allow hemp production in all 50 states for any use, including flower production and CBD or other cannabinoid extraction. States will have the option to submit their own plans to regulate hemp.Allow interstate commerce for hemp and hemp-derived CBD.Give the U.S. Department of Agriculture (USDA) the job of overseeing hemp production, with direction to come up with rules “as expeditiously as practicable.”Legalize hemp production in U.S. territories and on Indian tribal land – which was not included under the 2014 Farm BillGive the industry access to federally backed farm support programs, including crop insurance, federal water access and low-interest loans for new farmers.Allow hemp producers to “bring foreign nationals to the United States to fill “temporary agricultural jobs.”Remove barriers to getting intellectual property protections under federal law, such as patents and trademarks.Set a 10-year ban under which state or federal drug felons cannot participate in the hemp program, except for people already growing hemp under a state pilot project (as established by the 2014 Farm Bill).Require the USDA to consult with the U.S. attorney general on the hemp rules.The bill also states that licensed hemp producers who grow cannabis plants that exceed the THC limitation of 0.3 percent will not be guilty of a drug crime but instead must submit a plan to correct the “hot” hemp.Related: The U.S. Senate Voted to Legalize Hemp. And Hemp Won.A Christmas Miracle?Hemp entrepreneurs have been intensely anticipating the changes, based in large part on support from Senate Majority Leader Mitch McConnell, a Kentucky Republican.The Farm Bill must still make its way through both houses of Congress and to President Donald Trump’s desk before the current session concludes Dec. 21.It’s a tight timeline, especially considering that Congress must address a larger spending measure to avoid a government shutdown, a measure that is far more controversial because it could include money to build a wall along the Mexican border.Still, hemp entrepreneurs are cheering the compromise Farm Bill release as a watershed moment for the entire cannabis industry.“As a small business this is incredibly exciting,” said Robert Leaker of Vitality CBD Natural Health Products, a Montana hemp producer and manufacturer that is thought to be the nation’s single largest hemp producer, with 20,000 acres grown this year.Leaker’s company recently announced a plan to go public in Canada via a reverse takeover, a common route for U.S. cannabis producers to trade on a public stock exchange.The Farm Bill passage would end the need for U.S. hemp companies to list in Canada, instead allowing them to directly access U.S. exchanges such as the Nasdaq or New York Stock Exchange.“We see access to capital, as well as access to large potential buyers of CBD, to be all opening up because of this,” Leaker said.“Until it’s federally recognized that CBD is not a Schedule 1 drug, it’s very difficult for banks and investment capital to come into this space.”Related: Hemp Clears Legislative Hurdle and Is Poised to Be Legalized Each week hear inspiring stories of business owners who have taken the cannabis challenge and are now navigating the exciting but unpredictable Green Rush. Congress Edges Closer to Legalizing Hemplast_img read more

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Emotional Support Peacock Rejected to Fly by United Airlines

first_img The bird was denied entry on its flight this weekend, spurring conversations about the need for more concrete guidelines on the part of airlines. Learn how to successfully navigate family business dynamics and build businesses that excel. Next Article Free Webinar | July 31: Secrets to Running a Successful Family Business –shares Staff Writer. Covers leadership, media, technology and culture. Add to Queue Image credit: The Jet Set TV | Facebook January 31, 2018center_img Emotional Support Peacock Rejected to Fly by United Airlines 3 min read Nina Zipkin It goes without saying that flying is stressful. Whether you turn to a glass of wine to calm your nerves or a stack of magazines to distract you, there are all sorts of ideas you can implement to make your time in the air a little less taxing.But in the case of a passenger traveling from Newark Liberty International Airport on Saturday, it seems that there is a line for what you can do to put your mind at ease, and it arrived in the form of an emotional support peacock.Yes, really. It seems that a seat had been purchased for the traveler’s feathered friend on a United Airlines flight only to be turned away at boarding. Why? The bird’s height and weight for one, and it seems that the airline had warned the passenger that this could occur “on three separate occasions before they arrived at the airport,” according to a statement given to NBC News by United.Related: A New Airline for Millennials Promises In-Flight VR, Organic Meals and Attendants Wearing White Sneakers United went on to explain that its policy for emotional support animals requires that “customers provide documentation from a medical professional and at least 48 hours advance notice.”United isn’t the only airline to implement rules like this. Delta put out a statement earlier in January that customers have to provide a doctor’s note attesting to the animal’s health and one for themselves as well speaking to the need to have the emotional support animal fly with them.Delta noted that roughly 700 service or support animals fly on a daily basis, and that this particular peacock, outlandish though it may seem, is far from the most unexpected fauna to board an airplane. In particular, Delta said that “customers have attempted to fly with comfort turkeys, gliding possums known as sugar gliders, snakes, spiders and more.”Related: Make 2018 the ‘Year of the Business Travel Hack.’ Here Are 4 to Get You Started.To the people who have found themselves seated next to the comfort snakes and spiders, we salute you and are just wondering, how was that? And while we don’t want to cast aspersions on whatever strategies people use to calm down in tense situations, we also have some questions about what qualities a peacock has that makes it an ideal comfort animal.Over the past few years, airlines have enlisted therapy dogs to help improve the airport experience for customers, but it looks like to make everyone, humans and animals alike, comfortable on their journeys, more specific rules are required.Have you ever flown with or next to a comfort animal? Let us know in the comments.  Travel Entrepreneur Staff Register Now »last_img read more

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How Your Imagination Can Help Improve Your WellBeing and Even Assist in

first_img Next Article Image credit: xxmmxx | Getty Images It all comes down to the power of positive thinking. Learn how to successfully navigate family business dynamics and build businesses that excel. Science of Success Add to Queue Register Now » 3 min read Staff Writer. Covers leadership, media, technology and culture.center_img Entrepreneur Staff Entrepreneurs use their imaginations to find innovative solutions to the world’s biggest problems, but according to some recent studies, that quality can also be a big help when it comes to negotiation and improving your general well-being.Researchers from Harvard found that if you imagine a future event will have a good outcome, you’re more likely to reflect on it positively after it occurs.The psychologists gave a group of 27 people a series of 12 situations. For each one, they asked them to imagine the event going well or going badly, and had them describe what happened for three minutes. After a 15-minute break, the participants were asked to imagine that it was a year later, and they read stories about the events which contained positive, negative and neutral details.Related: 18 Ways to Calm Down When You’re StressedThey found that the study participants incorrectly cited more positive details about the scenario as being the true sequence of what happened than they did the negative details. Ultimately, they were more likely to identify positive details as “true” if they had imagined that the event went well. Meanwhile, imagining things going badly didn’t influence the memory of the situation.”These results suggest that adopting an optimistic outlook can actually transfer to a rosier reflection once those upcoming experiences become part of the personal past,” explained study author Aleea Devitt in a summary of the findings.One business scenario that particularly requires the power of positive thinking is negotiation.Related: 16 Unexpected Things That Are Stealing Your SleepAnother study recently looked at what potential job candidates can do to put themselves into a more favorable position if they don’t have any leverage in their back pocket, like, for example, a competing offer.Researchers from the European School of Management and Technology and the European Institute of Business Administration asked 306 participants to try to sell a used CD to a fictional buyer.They were split into three groups: one was told that a another buyer offered $8, the second group didn’t have an alternative offer and the third was asked to imagine that they had secured a strong alternative.Related:“Negotiators who mentally simulated an alternative made more ambitious first offers than those with no alternative,” the researchers wrote in a summary of the findings for Harvard Business Review. “Although strong alternatives are important for a successful negotiation, we often need to negotiate without the luxury of having them. Our findings suggest that you can partially compensate for this lack of power by mentally simulating a realistic but ambitious alternative.”If you go in with the confidence of someone who does have leverage in their back pocket, you can make a less than ideal situation work for you. And if you take the tack of the Harvard study, even if it doesn’t go the way you hope, envisioning a positive outcome can help give a boost later on when the situation comes your way again.Is this something you would try? Let us know in the comments. April 25, 2018 –shares Free Webinar | July 31: Secrets to Running a Successful Family Business Nina Zipkin How Your Imagination Can Help Improve Your Well-Being and Even Assist in Negotiationslast_img read more

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Burtons Biscuit Company buys Thomas Fudges in allUK deal

first_imgBurton’s Biscuit Company buys Thomas Fudge’s in all-UK dealPosted By: Contributoron: February 07, 2019In: Business, Confectionery, Food, Industries, Mergers & Acquisitions, SnacksPrintEmailBurton’s Biscuit Company has acquired sweet and savoury biscuit manufacturer Thomas Fudge’s from private equity investor Livingbridge in an all-UK deal.The deal sees Burton’s expand its capabilities in the premium confectionery segment. Dorset-based Thomas Fudge’s makes a range of flatbreads, biscuits for cheese, wafers, florentines and flapjacks.  Burton’s – the owner brands such as Maryland Cookies, Wagon Wheels and Jammie Dodgers – currently has an agreement with Mondelēz International to bake products for its Cadbury brand.The firm said the premium sector is one of the fastest-growing in the biscuit category as growing numbers of consumers are seeking indulgence delivered by provenance, high-quality ingredients and engaging textures.Nick Field, Burton’s CEO, said the acquisition represents a “continued commitment and investment by Burton’s to extend our capability and bring new and exciting products to market in both the sweet and savoury premium segments”.He added: “Thomas Fudge’s is a great business with a fantastic portfolio of premium products and baking expertise handed down through generations.“The bakery provides a hugely complementary production capability to Burton’s own bakeries, extending into the more premium and artisanal end of the category with their branded, retailer brand and Marmite products baked under licence.“We are excited about the opportunity to develop these three important pillars and look forward to working with our retail partners to drive growth through innovation and excitement in the category.”Emma Davies, Thomas Fudge’s CEO, said: “We’re really excited about becoming part of the Burton’s family as we enter our next phase of development as a business and would like to thank Livingbridge for their support in recent years.”Share with your network: Tags: Burton’s Biscuit CompanyUKlast_img read more

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EU to Investigate Transparency of Google Microsoft and Yahoo

first_img EU to Investigate Transparency of Google, Microsoft and Yahoo Next Article 3 min read Fireside Chat | July 25: Three Surprising Ways to Build Your Brand Add to Queue Search Engines Enroll Now for $5 April 20, 2015 This story originally appeared on Reuters Learn from renowned serial entrepreneur David Meltzer how to find your frequency in order to stand out from your competitors and build a brand that is authentic, lasting and impactful. –shares Internet platforms such as Google, Microsoft and Yahoo! will be the subject of a widespread inquiry by European regulators to determine whether they are transparent enough in how they display search results.The inquiry will seek to address concerns of European business and politicians about the dominance of U.S. tech giants and whether there is a level playing field for European firms.However, it is not an antitrust inquiry which can lead to fines of up to 10 percent of a company’s global sales.In a draft of the Commission’s strategy for creating a digital single market, seen by Reuters, it says it will “carry out a comprehensive investigation and consultation on the role of platforms, including the growth of the sharing economy.”The investigation, expected to be carried out next year, will look into the transparency of search results – involving paid for links and advertisements – and how platforms use the information they acquire.European Commission Vice-President Andrus Ansip is expected to formally announce the new strategy on May 6.The transparency of search results came under particular scrutiny this week when the European competition chief accused Google of cheating competitors by distorting web search results to consistently favor its own shopping service.There are concerns in Europe over how Internet companies such as Facebook and Amazon use the huge amounts of personal data they acquire.The inquiry will also look at how platforms compensate rights-holders for showing copyrighted material and limits on the ability of individuals and businesses to move from one platform to another.The draft “digital single market” strategy document cites potentially unfair terms limiting access to platforms, high fees and non-transparent or restrictive pricing policies as some of the areas of concern.”While a framework exists for business-to-consumer complaints in all EU member states, no such mechanism exists for business-to-business relations,” the document states.The investigation follows calls from France and Germany for greater regulation of dominant Internet players which they believe are harming home-grown European web firms.In November the two countries asked the Commission to launch a public consultation on the issue, with a view to regulating Internet platforms. [ID:nL6N0TH2FS]However, in an earlier discussion paper, seen by Reuters, the Commission concluded there was not enough evidence to justify legislation.One EU official said the Commission was assessing whether the issues raised in theGoogle antitrust case warranted a more systemic view of the problem.”We want to move away from case studies,” the official said.(Reporting by Julia Fioretti; editing by David Evans) Reuters last_img read more

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At VidCon the Worlds Biggest YouTube Convention Rival Video Platforms Rush the

first_imgOnline Video Learn how to successfully navigate family business dynamics and build businesses that excel. Add to Queue At VidCon, the World’s Biggest YouTube Convention, Rival Video Platforms Rush the Stage VidCon founders John and Hank Green July 31, 2015 –shares 5 min read Former Staff Writer Geoff Weiss Next Article Last week at the Anaheim Convention Center, where 18,000 fans descended upon VidCon to glimpse their favorite YouTube stars, Jumbotrons and ballroom walls were bathed in bright red branding for YouTube — the six-year-old conference’s title sponsor.Onstage, however, industry leaders projected a vastly different picture of the humming video landscape. The most sweeping trend to emerge from the three-day conference was the explosion of rival platforms — all vying for a slice of digital video advertising’s $13.8 billion pie.Three names that seemed to be on everyone’s lips? Facebook, Snapchat and Vessel.“Most social platforms tend to move into video — that’s where more dollars are,” said George Strompolos, founder of the leading multi-channel network (MCN) Fullscreen. But as the only service approaching 2 billion users, he called Facebook’s foray the most promising by far.As opposed to YouTube, which skews younger, Facebook video could appeal to mature audiences, including moms, said Sarah Penna, founder of the Awestruck MCN. “Their consumption habits are very much the scrolling and the community aspect,” she said. “The subscribe functionality, the commenting and the user interface of YouTube is a little more difficult than Facebook.”VidCon founder Hank Green with Vessel’s Jason Kilar.Image credit:Josh ReissRelated: As Facebook Video Swells, YouTube Creators Cry Foul Over Copyright InfringementSnapchat, on the other hand, has enthralled younger users — 63 percent of whose 100 million daily users are between the ages of 13 and 24.John Fitzpatrick, a talent manager at Collective Digital Studio, is bullish on Snapchat’s diverse use cases. Most renowned for ephemeral messaging, Snapchat now sells ads against ‘Live Stories’ (snaps curated around major events like the Special Olympics,) as well as its ‘Discover’ channels (11 media companies like People and Daily Mail who serve content there daily.)“We can have a one-on-one communication, or it can feel like social media, or it can feel like really premium content,” Fitzpatrick said.While neither Facebook nor Snapchat exhibited at VidCon, Vessel was a major sponsor this year, and CEO Jason Kilar presented on the four-month-old company’s rise.Related: This Online Video Startup Is Betting Fans Will Pay for Early Access“People make fun of the new until it becomes the norm,” Kilar said of the improbable notion that users might pay for content that’s also available for free. (Vessel charges users $2.99 per month for early access to popular YouTube videos, among other content.)The service continues to woo top-tier creators, Kilar said, because it offers a cut of both advertising and subscription revenues — translating to a $50 CPM, or rate of payment per 1,000 views, which is 20 times larger than average rates currently offered by YouTube.Breeding grounds for brands A proliferation of social platforms wasn’t the only faction capitalizing on VidCon’s swelling powers. What began as a grassroots gathering of 1,400 fans at a Los Angeles Hyatt hotel has now turned into a veritable showcase for some of the world’s biggest brands.Looking around the show floor at first-time exhibitors CoverGirl, Jimmy Kimmel Live, Panasonic and People — who paid as much as $70,000 for their booth setups — is an irrefutable validation of the digital space, notes Meghan Camarena, a YouTube star who attended the very first VidCon back in 2010.This, in turn, has elevated the event in the eyes of attendees. While VidCon is still typified by mob-like worship in the form of selfies and sobbing, “this year the fans seem to have a little bit more respect,” Camarena said.Meghan CamarenaImage credit: Meghan Camarena | Twitter Related: iJustine on Creating Massive Social ReachTo capitalize on the scores of brands in attendance, YouTube unveiled a new initiative this year whereby it arranged 10-minute speed-dating sessions between its top creators (Bethany Mota, LaurDIY) and leading brands (Proactiv, Beats by Dre, Purina and L’Oréal.)And this is only the company’s latest initiative to ensure that the stars it helped spawn don’t slip through its fingers. Following an investment earlier this year in original programming, CEO Susan Wojcicki said that YouTube is looking to fund new shows that “push the art of YouTube even further.”At the end of the day, however, as competing platforms continue to flood the space, and as brands increasingly shift television ad dollars into digital, only one clear victor in the battle for online video has emerged: creators.“This all represents a new universe of distribution that makes it an optimal time to be an online video creator,” said Chris Williams, chief audience officer at Maker Studios. “Being able to take a single video and monetize it across multiple platforms is bringing a robust business model — and one that creators need to embrace.”Related: YouTube CEO Unveils Redesigned App, Additional Creator Spaces Free Webinar | July 31: Secrets to Running a Successful Family Business Image credit: Robert Yager Register Now »last_img read more

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Mark Zuckerberg Introduces His Virtual Butler Jarvis

first_img Add to Queue The only list that measures privately-held company performance across multiple dimensions—not just revenue. This story originally appeared on Reuters Facebook CEO Mark Zuckerberg Mark Zuckerberg Next Article 3 min read 2019 Entrepreneur 360 List December 20, 2016center_img Mark Zuckerberg on Monday introduced the world to “Jarvis,” an artificial intelligence system the Facebook chief created in his spare time, which can choose and play music, turn on lights, and recognize visitors, deciding whether to open the front door.Jarvis, named after the virtual assistant in the Iron Man movies, could be a step toward a new product, Zuckerberg wrote, although he cautioned that the system he had created in 100 hours over the last year was customized for his house.Image credit: Mark Zuckerberg | FacebookZuckerberg announced results of the project, a personal challenge he set for himself this year, as digital home assistants by Google Inc and Amazon.com Inc compete for holiday sales and are expected to outsell popular emerging gadgets such as virtual reality headsets and drones.Creating Jarvis proved humanity is “both closer and farther off” from an AI breakthrough than we imagine, Zuckerberg wrote.Computers are getting very good at pick out patterns, such as face recognition, but it is difficult to teach them new things, he wrote.”Everything I did this year — natural language, face recognition, speech recognition and so on — are all variants of the same fundamental pattern recognition techniques,” he wrote. “But even if I spent 1,000 more hours, I probably wouldn’t be able to build a system that could learn completely new skills on its own.”By the end of the year, Jarvis was able to respond to text and voice commands and it could run music, air conditioning, doors, and other systems. It could recognize visitors, start a toaster and even shoot t-shirts from a cannon in his closet.With more effort to broaden Jarvis’ use beyond Zuckerberg’s own house, the experiment “could be a great foundation to build a new product,” he wrote.Image credit: Mark Zuckerberg | FacebookA dearth of internet-connected devices, lack of common standards for connected devices to communicate and challenges related to speech recognition and machine learning were all obstacles, he said.At the same time, he said challenges lead to eureka moments.Adjustments made to help Jarvis recognize context in commands ultimately helped the system respond to less specific requests in a better fashion, such as asking the system to “play me some music”.”I’ve found we use these more open-ended requests more frequently than more specific asks. No commercial products I know of do this today, and this seems like a big opportunity,” he wrote.(Reporting by Deborah M. Todd; Editing by Peter Henderson and Lisa Shumaker) Mark Zuckerberg Introduces His Virtual Butler ‘Jarvis’ Apply Now » Image credit: Reuters | Stephen Lam/File Photo Creating Jarvis proved humanity is ‘both closer and farther off’ from an AI breakthrough than we imagine, he wrote. Reuters –shareslast_img read more

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July 25, 2019

Interview BLS on how Ribose supports allday energy

first_imgShare with your network: Tags: BioEnergy Life Sciencesports nutritionUSVitafoodsVitafoods 2018 Interview: BLS on how Ribose supports all-day energyPosted By: Alex Clereon: May 25, 2018In: Beverage, FoodBev TV, Functional, Health, Industries, Ingredients, VideosPrintEmail Bioenergy Life Science’s (BLS) Bill Visser tells FoodBev about Bioenergy Ribose®, the company’s flagship sugar that doesn’t act like a sugar in the body, but instead works to increase levels of adenosine triphosphate (ATP) to increase the pool of energy that consumers have available to them throughout the day.As Visser tells FoodBev’s Alex Clere, this can be beneficial to multiple consumer segments. “It can be geared towards middle-aged folks,” he says. “Sometimes their energy drops throughout the day and Ribose will give them a boost to help them get through the day and continue on with the chores and activities that they want to accomplish.“It’s also geared towards athletes; we actually sponsor Olympic athletes and Ribose is used in their training to help give them additional energy, to power through those workouts and also for recovery. They use it as part of their dietary intake. They take probably up to 15–20g of Ribose per day – before, during and after their fitness events, their training.”“You have a higher reserve, you have more energy to keep going, to push through workouts, and also to aid in recovery as well.”center_img With more consumers taking an interest in their health, and a rise in so-called ‘casual fitness’, there are opportunities for companies like Bioenergy Life Science providing they get their messaging right.Visser says he believes consumers are learning more about what they need: “I think people are learning. They’re very interested to get an advantage on how to nourish their bodies so that they can recover properly, so that they can also energise their bodies to be able to workout and be able to be active.“Ribose is manufactured in your body, it’s a natural ingredient. Your body produces it but very slowly, so when you expend energy you’re using up all the Ribose and all the ATP that you have stored. Without Ribose, you cannot have ATP for the cells to draw upon.”Presented and edited by: Alex ClereFor more content like this, including further coverage of Vitafoods Europe 2018, check out our Vitafoods topic homepage or follow FoodBev on YouTube.last_img read more

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