Discover the Best Transport Invoice Format for Businesses

Transport invoice format for businesses

platforms and algorithms have changed dozens  of the world's largest Industries often times   basically overnight the way we listen to music  consume movies buy useless junk spread conspiracy   theories find a partner or just order a hamburger  have all been redefined by just a small handful of   companies of the top 10 most valuable companies in  the world seven of them are still relatively new   businesses that have disrupted major industries  the message is obvious if you can build a company   that changes up the way people do things with  technology you could become one of the richest   people in history the best part is you don't even  need to change it for the better this has created   a problem in the silicon valley scene where the  innovators are trying to disrupt industries that   really shouldn't be disrupted banking Medical Care  Mental Health real estate transport and even good   old communication are still imperfect Industries  but sometimes the solution to problems are slow   careful iterative improvements not slapping an  algorithm on top of it over $60,000 Frozen up   and Y $5,440 and6 Frozen in yata W's whole idea  was let's not just be a commercial office Leasing   Company let us accelerate um the new world of how  people work and make it better to be Innovative   you have to experiment if you want to have more  invention you need to do more experiments per   week per month per year per decade okay so  if you want to make you money by starting a   disruptive tech company you really only need to  come up with an idea that ticks three boxes the   first step is finding an industry or even an  everyday activity that is highly inefficient   people will gladly pay to make things easier for  themselves and in an economy where people are   working multiple jobs don't have stay-at-home  partners for domestic chores and are spending   hours commuting every week providing a product  that saves a bit of time and energy is great   and people will pay for it now finding a problem  and then providing a marketable product to solve   it is just business 101 but the problem for  you is it's kind of hard smart people are   trying to figure this stuff out all the time and  maybe you will get lucky and think of something   nobody else has but there is an easier way find an  industry that is inefficient because of man-made   inefficiencies or as the lawyers would call  them regulations step two is to figure out how   to fix this problem with some kind of marketable  Technology now this technology could be something   revolutionary like the telephone which fixed  the issue of slow and inefficient communication   through telegrams or Postal mail or it could  be something like Tinder which solve the issue   of slow inefficient boinking through actually  having to go out and talk to people technology   can really mean anything but if making money is  all you're interested in then it's a lot easier   for that technology to be software that works  on existing devices software is ideal because   distribution and Manufacturing are as simple as  an Amazon web services subscription and a good   copy paste button once a program is developed  the variable cost for every additional user   is basically negligible investors love this so  they will pay you and your business a lot more   than they would any other business making real  products ing to data collected by NYU Stern   software companies had the highest Enterprise  Value to sales ratio of any business type the   only Investments that had higher ratios were real  estate investment trusts but their value comes   mostly from the real estate holdings and not their  sales so this is not really a fair comparison   the average company was valued by investors  at between 6 and 10 times their total sales   which was especially impressive considering that  some of these companies had negative operating   margins meaning that even though they were selling  a product with almost zero marginal cost they were   still losing money so by combining the easiest  technology to develop with the easiest problems   to solve you will find that the perfect business  to scale rapidly towards a life-changing exit is   one that skirts regulation with software sounds  dumb but some of the fastest growing companies in   history were founded on exactly this principle  Uber skirted taxi licensing and regulation by   creating software that technically let people  car pull together if people happen to just   turn their personal vehicles into full-time taxi  services that was just users not engaging with the   technology as intended Airbnb avoided the intense  regulations that hotels have to adhere by by just   creating software that technically let people  find a temporary roommate if people purchased   multiple specialty Built Homes to run Airbnb hotel  chains that was just a user not engaging with the   technology as intended cash app was just a way to  settle payments between friends if it gets used   as a shadow banking system for questionable  activities well you get the idea by the time   these businesses get big enough for Regulators  to take notice of what's going on they already   have so many users that restricting them becomes  very politically unpopular Bill Gurley AV Venture   capitalists who invest in businesses like these  gave an admittedly fantastic presentation last   year about how important these businesses are to  avoid a phenomenon where big inefficient incumbent   businesses aren't challenged because regulations  make it too hard for smaller better businesses to   enter their Market clever loopholes like this are  a great way to disrupt industries that are getting   a little bit too comfortable and making a lot of  money doing it but before you get too excited you   should remember that sometimes regulations  exist for a reason so it's time to learn how   many Works to find out who the biggest winners and  losers are in modern finance's dumbest game this   week's video is sponsored by Henson shaving  Henson is on a mission to change shaving for   the better focusing on a skin-friendly shave that  eliminates irritation razor burn and ingrown hair   they're addressing the problems we've all come to  accept with shaving and showing us we don't have   to their Hensen razor made with Aerospace  level Precision in Canada uses recyclable   double-edged blades that cost just pennies unlike  disposable cartridge razors it's designed for both   sustainability and incredible control helping you  achieve a truly healthy shave without compromise   I've been using the Hensen razor for 3 months and  the difference is night and day shaving used to be   something I dreaded irritation bumps and the  constant expense of replacement blade now my   skin feels smoother and healthier and the whole  experience is faster and easier than ever it's   not just a shave it's a routine I actually look  forward to what makes Hensen standout is their   dedication to both your skin and the planet the  razors help reduce billions of plastic disposables   tossed into landfills each year while giving you  a better safer shave whether you're a daily shaver   or an occasional groomer this razor transforms  the way you think about shaving It's Time to Say   Goodbye to irritation and hello to a healthier  more sustainable routine go to Hensen shaving   docomo many works and enter code how many works  at checkout to get a free shave cream with your   purchase of a Hensen razor it's been half a year  now since the collapse of yada Bank a bank for   people who were fed up with banks the disruptive  new platform allowed depositors to participate   in lotteries with their savings instead of  receiving a typical and predictable interest rate   most months people would receive no payments but  there were winnings paid out to randomly selected   people with entries based on how much cash they  held in their accounts people with more money   got more entries and therefore more chances to  win a significant prize the average return on   these winnings across all users was supposed to be  roughly the same as the yield on a high interest   savings account it was a novel idea that was  arguably just a bit of fun for people trying to   save some money but Banking and Financial Services  are kind of hard it's much easier to make money by   running a which is what Yotta bank slowly  turned into with other games that people could   play with their savings now you probably already  know this but this wasn't actually the worst part   part of this sketchy new way to save your money  the actual mechanics of running a bank like   processing transfers and you know keeping track  of how much money people had on their accounts was   kind of hard so it used a middleman which provided  services to other fintech platforms on behalf of a   real bank that had to adhere to all these boring  old regulations synaps was a banking as a service   provider which was supposed to keep track of  transactions for other platforms like crypto   brokerages online Sports books and stock trading  platforms so if you wouldn't feel comfortable   keeping your life savings in DraftKings you  probably shouldn't keep your life savings in a   bank that's not directly FDIC compliant somewhere  in this chain these companies couldn't agree on   how much people had in their accounts and so  far it has been average consumers that haven't   been able to access their money simply losing  track of how much people have is also outside   of the domain of the FDIC which only handles bank  failures so there are thousands of customers who   simply had their money Thanos snapped into the  banking ether my friend Patrick Bole did a great   Deep dive into the real Financial mechanics  of this cluster F and of course the suspend   wearing superhero coffeezilla covered the story as  it was unfolding now the whole people losing their   life savings thing here isn't really the point the  bigger issue here is that fintech has become one   of the most popular Industries for new startups to  carve out market share in yata is just one example   of where that has the potential to do a lot of  harm to regular people there is an old saying   that every warning label on a piece of equipment  is a gravestone for an appendage that was lost   somewhere down the line the amount of regulations  that Financial companies let alone actual banks   are subject to is beyond the capabilities of  any single human to fully understand endless   red tape in services that we all use every day  can be immensely frustrating especially when it   speeds up the consolidation of bigger and bigger  Banks but every law every regulation and every   guideline that Financial firms need to adhere to  was written because something has gone horribly   wrong in the past the rush of new fintech company  skirting these regulations by Falling just outside   the bounds of a typically regulated body will  end up with a lot more people losing a lot more   money by now pay later services like Clara  affirm afterpay and PayPal's built-in split   payment function now handle billions of dollars in  consumer transactions every year and have become   a massively popular alternative to traditional  credit cards when mix for traditional Consumer   Credit these new Services have accelerated  Reckless spending with a lot of people using   afterpay to pay off their credit card and their  credit card to make their afterpay payments this   practice might sound silly to URI but for a lot  of people it's just an option of Last Resort   when there is too much month at the end of their  money it's so common in fact that the Consumer   Financial Protection Bureau has a term for It  Loan stacking and it's something that is much more   difficult with traditional debt products another  problem with these new Financial tools is how they   make their money if they bother to do that at all  these companies don't charge interest like typical   personal loans or credit cards and most of them  don't have fees to open or maintain so if you use   them to make the scheduled payment without using  it to justify any additional purchases you might   full pull yourself into thinking that it's just a  practical Financial tool but the business case for   these companies is that you don't need to pay for  the product because you are the product they make   their money by charging retailers a commission on  purchases these fees have so far been similar to   The Merchant fees charged by credit card companies  but some analysts argue that they have only been   able to maintain these low fees because they are  burning investor money to maintain market share   and when that money runs out these hidden fees  will all need to increase either way the retailers   are willing to pay these additional fees to buy  now pay leader companies because they can offer   them additional customers when these companies  were first growing They promoted their own   platforms that would push consumers to retailers  that accepted their payment which was a good way   for these businesses to get some free advertising  as they have become more popular with consumers it   has become hard for retailers not to accept buy  now pay later Services because a lot of people   simply can't afford to pay with anything else in  either case you are the product BNPL services are   packaging you up and selling you as a ready to-  purchase customer for the low low price of some   merch fees consumer credit card laws are starting  to catch up with these companies but for a long   time they were able to hide just how much debt  struggling Americans were taking on oh and they   were also really lacked about money laundering  coming from a banking background Finance is the   industry that I am most familiar with but it's  also simultaneously something that most people   don't properly understand and something that  can absolutely [ __ ] up your life if you just   make a few silly mistakes but this is not just  affecting your finances this is happening in   plenty of other highly rated regulated Industries  as well including Healthcare which has already   had some disastrous consequences here is the  biggest challenge though nobody likes red tape   bureaucracy in big incumbent businesses I mean  big Banks and credit cards clearly suck and so   do hotels taxis medical tests traditional therapy  traditional Investments and housing so when a new   company comes along talking about revolutionizing  an outdated industry it's kind of exciting and in   The Current financial environment more hype means  more investor dollars it's much more unpopular   and much less profitable to remind people that  sometimes the boring red tape exists for a reason   now this isn't helped At All by the fact that  the alternative We are rooting for is a bunch   of companies that have slowly become monopolies  again go and watch this video to find out how   we let that happen and make sure to like And  subscribe to keep on learning how money works