Improve decision-making through the relieving mindset of self-responsibility | The Startup Magazine

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For all of us life starts in a similar way, however through our decisions we change it with lasting effect. Decisions can bring you closer to your goals or lead you much further away. Think about this: Everything exists in your life, because at first you have made a decision on something. Decisions are the roots of all your results. You make your decisions and your decisions make you!

“In the long run, we shape our lives, and we shape ourselves. The process never ends until we die. And the choices we make are ultimately our own responsibility.” – Eleanor Roosevelt

The tricky thing

Primarily it is not about whether your decisions are wrong or right. In the first place, it is rather about discovering when you really make a decision. They are usually intertwined with behaviour and habits so it often seems a decision would be out of your control. [In at least half of the decisions you make,] you are not even aware of making them in that moment.

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Hampton Creek Throws Eggs at the FDA | Bloomberg Business

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iamkfhxw2rjmAsk U.S. food regulators, and they’ll tell you that mayonnaise has to contain eggs, as it has for the past two centuries. But Josh Tetrick, the Silicon Valley entrepreneur hellbent on disrupting a host of food staples with his plant-based substitutes, gives a far different response: Who cares? “I think it is stupid we can’t call our product mayonnaise,” Tetrick says of his two-year-old Just Mayo eggless spread. “I think it’s ridiculous. We’re definitely not changing the name.”

That defiant stance seems to put Tetrick’s company, Hampton Creek, on a collision course with the Food and Drug Administration. The agency on Aug. 12 issued a warning letter listing a litany of rules broken by its Just Mayo and Just Mayo Sriracha products, including the use of “Mayo” in the name and the image of an egg on the label that may imply it meets the agency’s standard definition for mayonnaise—eggs and all. “This is one of the most blatant violations of the standard-of-identity rules that I’ve seen in a long time,” says Elizabeth Campbell, a former acting head of the FDA’s office of food labeling, who now works at EAS Consulting Group.

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5 Scenarios Where Panic Can Destroy Your Startup | Entrepreneur

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Want your business to appear in Entrepreneur magazine? Tell us how you’re empowering employees, and you could be selected for a full-page promotion provided by Colonial Life.

Staying calm in a crisis is often easier said than done. When an emergency or unexpected and disruptive situation hits, your adrenaline rises, your thoughts start to race and your body and mind both go into reaction mode. Those fast, impulsive reactions are beneficial in some types of emergencies, like that of an older world where a predator was chasing you. But in the modern business world, such reactions usually create more problems than they solve.

The following five scenarios are especially sensitive to anxious reactions. So, instead of resorting to panic and instinct, take your time to approach these dilemmas carefully and methodically:

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Our Entrepreneur’s Journey | Peter Mehit

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HeadshotPeter was interviewed by Australian Michael Pullman on Franchisee Connection about he and Lydia’s journey from the corporate world to their own business.  In particular, the interview focused on the challenges they faced and the attitudes they needed to overcome them.  The interview also covered tips for those considering starting a franchise.

Click the play button on the far right of the yellow bar

Listen here

The Fed is handcuffing itself. Here’s how | Money CNN

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Wall Street is in the throes of a wild guessing game. The question on everyone’s minds: September or December?

That’s because the U.S. Federal Reserve has said that its historic rate hike will come this year. And Wall Street has pinned its hopes on exactly those two months.

Few believe it could be October. That’s not because Fed chief Janet Yellen is afraid of Halloween.

It’s entirely because unlike its September and December meetings, the Fed doesn’t hold a press conference following its October meeting. Investors know that these televised events — which occur just four times a year — are the perfect time for Yellen to carefully explain to the world the rationale behind key decisions that could

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One Size Fits Few: Artificial Hearts Leave Many Out | Live Science

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When Nemah Kahala, a wife and mother of five, arrived at Ronald Reagan UCLA Medical Center as one of our patients in March, her condition was the definition of critical.

She suffered from inflammatory restrictive heart muscle disease, in which the heart ventricles become stiff and rigid, making it impossible for the these chambers to relax normally and fill with blood. Over time, this reduces blood flow and can lead to heart failure. Her condition was so advanced that repair surgery couldn’t help. It was clear she wouldn’t survive the wait for a heart transplant.

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How to Respond to, “Why Should I do Business with You?” | SmallBizTrends

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The title of the article says it all when it comes to leading effective meetings. As the sales executive, you are the leader when meeting with clientele.

False Start

On occasion you may hear someone say, “I can talk to you now, but I only have a few minutes. In a snapshot, tell me what you’ve got.”

Many people fall for this, and proceed to tell everything they’ve got in a two-minute verbiage vomit. The only thing this produces is a mess, and hearing “not interested.”

A far better approach is to ask to schedule a meeting where you may have a give and take to get to know one another better. This lets the other party know you are serious and potentially trustworthy. This normally promotes a scheduled date.

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Amazon Acquires Elemental Technologies For A Reported $500 Million In Cash | TechCrunch

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Amazon announced this afternoon that it’s acquiring Elemental Technologies, a backend mobile video service.

It’s paying around $500 million in cash for the company, according to a new report from The Information. (Subscription required.)

Amazon didn’t immediately return a phone call or email request for comment about that figure.

The deal was orchestrated by Amazon’s highly profitable Amazon Web Services unit, which will incorporate Elemental’s technology into its cloud infrastructure services mobile video offering, says The Information.

Elemental, which makes high-speed video encoding and transcoding software to enable multiscreen content delivery across different devices, was founded nine years ago in Portland, Ore., and counts among its many customers ABC, BBC, Comcast, Ericsson, and ESPN.

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