Category: News

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VB – CodiumAI, an enterprise AI startup, is working towards a fully AI agent-driven approach to building enterprise software. While not yet a reality, the company is steadily advancing its platform to incorporate agent-driven approaches for application development. The new offering, CodiumAI Enterprise, focuses on enhancing code integrity and developer productivity through AI-driven workflows and comprehensive code analysis. Rather than a single master agent-driven approach, CodiumAI is taking an incremental approach by building many small AI agents to handle specific tasks within the software development workflow. The goal is to accelerate developer productivity and complete enterprise application development tasks quicker by integrating AI into existing developer workflows and tools.

By Sean Michael Kerner | JUL 9, 2024
Read the original article at VentureBeat

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ENTREPRENEUR – Stephen Alvarez, 26, transitioned from working at a dental supply company to becoming a successful Turo host. Initially, he supplemented his income by driving for Uber and owning a few cars. In 2018, inspired by an Instagram ad about a successful Turo host, Alvarez listed his cars on the platform. His father had instilled the value of self-investment and opportunity-seizing in him. He grew his fleet to 240 cars and earned $170,000 monthly. He sold a stake in the business and now manages the team. Alvarez believes anyone can do this with time and effort. Unlike traditional rental companies, Turo allows customers to select specific vehicles and avoid long lines. The app enables seamless vehicle access and return, providing a smooth and efficient rental experience.

By AMANDA BREEN | JUL 9, 2024
Read the original article at ENTREPRENEUR

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INC – Inc.com columnist Alison Green answers questions about workplace and management issues. He criticizes strongly that managers force employees to place their stickers for feelings in the sticker charts to boost morale and engagement. She emphasizes that employees should not be treated as children. Adult employees typically seek meaningful work, respect, fair compensation, and opportunities for growth rather than trivial rewards. Alison also points out that while sticker charts and similar tactics might provide a temporary boost in morale, they do not lead to long-term engagement or loyalty. Instead, these methods can feel patronizing and ultimately undermine employees’ trust and respect for their managers.

By ALISON GREEN | JUL 9, 2024
Read the original article at Inc.

ENTREPRENEUR – Martins Lasmanis, the founder of Supliful (an on-demand platform for launching and operating skin care, supplement or packaged food brands), chose to share his startup’s journey on LinkedIn with brutal transparency. By posting real business data including detailed monthly updates, including key metrics, highlights, and future plans, without sugarcoating. He stands out and builds confidence in his company’s fundamentals. This approach has helped Martins’s startup, Supliful, capture investor attention, build stronger customer relationships, and attract organic supporters. Unexpectedly, it has also facilitated talent acquisition, drawing experienced professionals eager to be part of the company’s transparent journey.

By Martins Lasmanis | JUL 8, 2024
Read the original article at ENTREPRENEUR

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QUARTZ – An electrical engineer, Bob Nichols, Inspired by Scott Joplin’s iconic 1902 ragtime song, “The Entertainer”, thoughts it’s perfect to add the song to ice cream trucks as the jingle. He founded his company Nichols Electronics in 1957, which supplied music boxes to ice cream trucks, and controlled up to 97% of the ice cream trucks market in the US, making “The Entertainer” synonymous with them.

In the 1960s, Nichols improved the design of music boxes, significantly reducing costs. Though the demand for music boxes has decreased with fewer ice cream trucks on the road, Nichols Electronics continues to produce 300-400 boxes annually, maintaining a small, family-run operation.

By Andy Kalmowitz / Jalopnik | JUL 9, 2024
Read the original article at QUARTZ

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FORBES – As a Black leader, feeling psychologically unsafe at work affects leadership effectiveness and mental health. Psychological safety means expressing ideas without fear of retaliation or humiliation. Psychological safety means expressing ideas without fear of retaliation or humiliation. Unfortunately, this concept is often misunderstood, leading to negative impacts on Black leaders’ mental health and leadership abilities. A survey by Indeed shows that 43% of Black employees considered leaving due to microaggressions, and 36% of Black women left their jobs due to a lack of safety. To address this, a Psychological safety Consultant suggests 4 key questions to help Black leaders evaluate psychological safety in their work environments.

By Topsie VandenBosch | JUL 8, 2024
Read the original article at FORBES

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BUSINESS INSIDER – Quiet vacationing (or taking time off or working remotely without informing your boss) is becoming more popular, especially among millennials. A Harris Poll survey shows that nearly four out of ten millennials take time off without informing their superiors. David Barkoe, CEO of Carve Communications, believes the key to addressing this issue is to establish a culture of trust. He advocates for employees to “live their life but get the job done,” and practices this culture through flexible work arrangements, such as allowing employees to adjust their work hours or work remotely.

By Kelsey Vlamis | JUL 5, 2024
Read the original article at BUSINESS INSIDER

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ENTREPRENEUR – Valentina Zapata, a 27-year-old entrepreneur from Las Vegas, founded The Shoe Game Co., a sneaker reselling business that generates over $500,000 monthly. She started her side hustle during the post-pandemic period, inspired by her girlfriend. Valentina began by using Instagram and Facebook Marketplace, with the first “flip” involving a nearly hour-long drive. She learned what not to buy, avoided fakes, and managed inventory effectively, the monthly income stabilized at $7,000. Valentina’s business exploded after joining the Whatnot live platform. She decided to go full-time entrepreneurship within two months, now earning over $500,000 monthly, and moving into a new 6,000 square foot warehouse. She emphasizes building and nurturing a community, with everything else following suit.

By AMANDA BREEN | JUL 5, 2024
Read the original article at ENTREPRENEUR

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BUSINESS INSIDER – Rob Dance, the CEO of an IT consultancy company, published a post about workplace culture on X and caused a stir. In his post, he shared a list of things he’s “sick” of hearing from employees, including “Can I leave early today?”, “I’ll be late in the morning”, “My child is sick, can I rush off.” Some people misunderstood and thought that Dan expected employees to always be at their desks. Rather, Dane emphasized the importance of trust and autonomy, encouraging other CEOs to follow suit. The post received 14 million views and 52,000 likes. Trust and flexibility are crucial in today’s diverse workplaces, with soft skills like empathy and transparent communication being more important than ever.

By Lindsay Dodgson | JUL 4, 2024
Read the original article at BUSINESS INSIDER

ENTREPRENEUR – Achieving a successful global expansion hinges on the ability to build a high-performance team. While hiring challenges and cultural differences make it more complicated for team growth. Successful firms focus on diversity, inclusivity, and cultural awareness to build a great global team. An Employer of Record (EOR) service provides faster access to global talent, compliance, cost savings, and specialized expertise. Businesses should also consider management training investment to ensure leaders excel in guiding global teams, trust relationships building for team members’ bonds, and clear communication channels set up for overcoming time zone differences.

By PRITOM DAS | JUL 3, 2024
Read the original article at ENTREPRENEUR