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Tren Griffin
@trengriffin
, 3 tweets, 2 min read Read on Twitter
If there was one group of people I would like to reach more with my writing it would be small business. Among the business people most in need of help would be food truck owners, who are engaged in a thin margin business with almost no barrier to entry. crosscut.com/2019/07/order-…
There is ~zero probability a food truck owner will read one of my books, my 25IQ blog, follow me on Twitter or listen to my yearly podcast interview out today. Reaching people at scale with advice on how to select and run a business is an unsolved problem. thehungrydogblog.com/2015/09/the-ec…
If there was one point I could magically convey:

"Businesses generating high economic returns will attract competitors willing to take a lesser, albeit still attractive return, which will drive aggregate industry returns to opportunity cost of capital.”
25iq.com/2017/03/10/you…
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Tren Griffin
@trengriffin
This today was big:

"A 6,600-kilogram Intelsat-39, riding in the rocket’s upper berth as is typical for heavier satellites on Ariane 5, separated 29 minutes after liftoff. EDRS-C, weighing 3,200 kilograms, separated another four and a half minutes later." spacenews.com/satellites-for…
This from today is about small ( a taxi service not a bus on a fixed route):

"The fundamental reason we’re doing this is launch frequency,” Beck said. “Even if I can get the stage done once, I can effectively double production ratio.”

news.google.com/articles/CAIiE…
This from today is about reusability and big (but this time only saving the fairing due to payload bigness and final altitude)

SpaceX’s Falcon 9 successfully took off from Cape Canaveral at 7:23PM ET carrying an Israeli communication satellite AMOS-17. theverge.com/platform/amp/2…
Read 3 tweets
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Tren Griffin
@trengriffin
25iQuiz: "Disney said on the call that it expects direct-to-consumer losses to rise to $900 million in the fiscal fourth quarter."

1. How much of this is spending on customer acquisition cost (CAC)?

2. What will CAC be at a scale?

3. What will the CAC payback period be?
"Disney said the company will offer U.S. consumers a bundle of Disney+, ESPN+ and an ad-supported Hulu subscription for $12.99 per month, or the same cost as Netflix’s standard subscription plan." cnbc.com/2019/08/06/dis…
Bonus questions:

What will the monthly subscriber churn rate be?

Do services require > 1 month commitment?

"consumer marketing for Disney Plus will start later this month...'We know how important it is to create a friction-less [sign up] experience'". google.com/amp/s/variety.…
Read 4 tweets
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Tren Griffin
@trengriffin
25iQuiz: This deal announced today involves Leon Black’s Apollo Global Management funding the purchase through a $1.79 billion term loan at an 11.5% annual interest rate. What's the deal? Clue: It's news about news.
Senior secured term loan at 11.5%.

"The combination will bring under one roof 263 daily media organisations across 47 states and the US Pacific island territory of Guam. This means that one in six newspapers in the US will be owned by a single company." news.google.com/articles/CAIiE…
It is surprising how little attention this story is attracting. Distressed debt financings like this mean the people involved think a chain of events is likely. This is not good news for news. What other senior secured term loans trade at a 11.5% annualized rate?
Read 5 tweets

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(This is probably gonna get longer than I intend, and no idea what the rating will be. Here we gooooo)
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Dan Mihalopoulos
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Food trucks are a favorite cause of many urban progressives. But after their latest setback in Chicago today, it may be worth remembering that the legal fight has been backed by some of the most powerful right-wing forces in the country. Lemme explain /1 wbez.org/shows/wbez-new…
The 7-year legal fight against Chicago's food truck ordinance has been funded by a group with the vague name of Institute for Justice. Its lawyer have represented the plaintiffs in the Chicago case free of charge /2
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India (Bhārat), aka Republic of India (Bhārat Gaṇarājya) constitutes a mosaic of paradoxes and contradictions starting with the existence of gigantic socio-economic disparities which are in sharp contrast with the spectacular technological development in most productive sectors.
Such contradictions reflect significant measurement discrepancies which, in India's case, could be on the order of hundreds of millions of people.
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Praise George
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How to sell 1000 copies of your books in 6 months of less.
A Thread.

1. I had just completed my book. It took me several months to write a manuscript I was satisfied with. Now I faced the hurdle of selling the book

This is how I did it. You can do the same.
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Sibu Mabena
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One of my team members (Duma employee) asked to see me yesterday for a quick meeting to tell me he’s actively looking for a job...

Here’s how I reacted to an employee of 2 years telling me he’s using resources in my company to look for a job elsewhere...

A THREAD...
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Mike Anderson
@MAndersonSciFi
Great tools on character relationships in this episode of @WritingExcuses.
From @howardtayler: 2 examples of power in character relationships are Personal Power and Position Power. Personal Pwr comes from charisma and social worth within the group. Position Power comes from the hierarchical structure of the organization. #writing #scifi
Inteteresting conflict arises when a character believes their Personal Pwr grants them Positional Pwr (the popular guy who acts like the boss). Or when a character believes their Positional Pwr grants them Personal Pwr (the boss that thinks she's everyone's friend) #writingadvice
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