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The document summarizes an informal entrepreneurial network started in Maine called the Maine Entrepreneurs Network. It describes how the founder, Kirk Hill, created a LinkedIn group in 2008 that has grown to over 650 members. The group holds monthly face-to-face meetings that attract 40-60 people to discuss common challenges entrepreneurs face and share ideas. The informal format allows entrepreneurs to collaborate and find expertise without formal structures that are difficult for entrepreneurs to participate in.
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MJ Global's success in staying ahead of the curve in the packaging industry is a testament to its dedication to innovation, sustainability, and customer-centricity. By embracing technological advancements, leading in eco-friendly solutions, collaborating with industry leaders, and adapting to evolving consumer preferences, MJ Global continues to set new standards in the packaging sector.
LA HUG - Video Testimonials with Chynna Morgan - June 2024
Have you ever heard that user-generated content or video testimonials can take your brand to the next level? We will explore how you can effectively use video testimonials to leverage and boost your sales, content strategy, and increase your CRM data.🤯
We will dig deeper into:
1. How to capture video testimonials that convert from your audience 🎥
2. How to leverage your testimonials to boost your sales 💲
3. How you can capture more CRM data to understand your audience better through video testimonials. 📊
The Evolution and Impact of OTT Platforms: A Deep Dive into the Future of Ent...
This presentation provides a thorough examination of Over-the-Top (OTT) platforms, focusing on their development and substantial influence on the entertainment industry, with a particular emphasis on the Indian market.We begin with an introduction to OTT platforms, defining them as streaming services that deliver content directly over the internet, bypassing traditional broadcast channels. These platforms offer a variety of content, including movies, TV shows, and original productions, allowing users to access content on-demand across multiple devices.The historical context covers the early days of streaming, starting with Netflix's inception in 1997 as a DVD rental service and its transition to streaming in 2007. The presentation also highlights India's television journey, from the launch of Doordarshan in 1959 to the introduction of Direct-to-Home (DTH) satellite television in 2000, which expanded viewing choices and set the stage for the rise of OTT platforms like Big Flix, Ditto TV, Sony LIV, Hotstar, and Netflix. The business models of OTT platforms are explored in detail. Subscription Video on Demand (SVOD) models, exemplified by Netflix and Amazon Prime Video, offer unlimited content access for a monthly fee. Transactional Video on Demand (TVOD) models, like iTunes and Sky Box Office, allow users to pay for individual pieces of content. Advertising-Based Video on Demand (AVOD) models, such as YouTube and Facebook Watch, provide free content supported by advertisements. Hybrid models combine elements of SVOD and AVOD, offering flexibility to cater to diverse audience preferences.
Content acquisition strategies are also discussed, highlighting the dual approach of purchasing broadcasting rights for existing films and TV shows and investing in original content production. This section underscores the importance of a robust content library in attracting and retaining subscribers.The presentation addresses the challenges faced by OTT platforms, including the unpredictability of content acquisition and audience preferences. It emphasizes the difficulty of balancing content investment with returns in a competitive market, the high costs associated with marketing, and the need for continuous innovation and adaptation to stay relevant.
The impact of OTT platforms on the Bollywood film industry is significant. The competition for viewers has led to a decrease in cinema ticket sales, affecting the revenue of Bollywood films that traditionally rely on theatrical releases. Additionally, OTT platforms now pay less for film rights due to the uncertain success of films in cinemas.
Looking ahead, the future of OTT in India appears promising. The market is expected to grow by 20% annually, reaching a value of ₹1200 billion by the end of the decade. The increasing availability of affordable smartphones and internet access will drive this growth, making OTT platforms a primary source of entertainment for many viewers.
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Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
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EDCM Presentation
- 1. Building Informal Entrepreneurial Networks Kirk R. Hill Founder of the Maine Entrepreneurs Network
Editor's Notes
- Maine native Grew up in Auburn also known as L/A Graduated from Auburn public high school in 1990. Went to MIT from 1990 – 1994 earned a Bachelor’s in Chemical Engineering Stayed in Boston for about a decade Started first company Quai, Inc. – computer consulting company Started several other companies
- Example: Just to give an example, oftentimes my wife and I end the day with me rambling on about all of the business ideas that I have while she is desperately trying to get to sleep and in the next morning I frequently am anxiously awaiting for her to just barely open her eyes so that I can barrage her with the million ideas that I have had since I woke up.
- Entrepreneurs are a rare breed of people that take special care and feeding due to the personality traits that make them successful entrepreneurs. Because of that informal forums tend to work better for Entrepreneurs than formal forums because in informal forums, Entrepreneurs can feel free to participate in the discussion and feel more like they are brainstorming with peers than being told what to do. However, it is important that these informal forums have strong leadership and moderation so that no one Entrepreneur takes over and alienates the rest. Finally existing social media tools play a very important role in keeping the group alive and active between face to face events. In particular LinkedIn is a great resource for sharing professional information and for disseminating information about events that are of interest to Entrepreneurs.