In 1976 the US federal minimum wage was $2.30 per hour. A standard full-time year (40 hours/week × 52 weeks = 2,080 hours) paid $4,784. Average gold price that year was about $125 per ounce, so a full minimum-wage salary bought roughly 38.3 ounces. At the current spot price of around $4,650 per ounce, those same 38.3 ounces are worth approximately $178,000 today.

This paper gives a fancy name to a problem you can already feel in your bones "The Tragedy of the Cognitive Commons." Checking AI output requires deep expertise. Deep expertise comes from doing grunt work for years. And grunt work is the first thing AI eats So we're building systems that need expert supervision while dismantling the only known process for making experts The paper calls the shared pool of human expertise the "cognitive commons." Every profession drinks from it. Nobody's refilling it. By eliminating junior roles, each company is acting totally rationally, and the collective result: a profession that can't catch AI's mistakes anymore because it never learned to do the work in the first place Who checks AI's homework in 15 years?

BREAKING: Fidelity is expanding retail participation in SpaceX's IPO to anyone with $2,000 or more This is a sharp reduction from its $500,000 minimum due to SpaceX reserving 30% of shares for retail participation (compared to typical 5%-10%)

Thailand is one of the first ag countries to enter a planting season since the Iran war. We went to document the impact of supply shocks to fuel/fertilizer — It was worse than I anticipated. Farmers are leaving huge tracts of land barren bc they can’t afford to plant.

‘Lagniappe’ is something given as a bonus or a gift. Our diverse team of experts always go above and beyond with real-time services that will help foster future growth so we can all move forward together! bit.ly/3gICvIw

Small businesses are springing up as confidence in the reopening rises—and they’re the leading creator of new jobs! Small businesses can combine the skills of a competitive, creative pool of applicants with the advancements of automation and fintech like never before. @thehill

Fintech can serve as a strong support for your business, but you need experts to help you interpret the data and talk through your ideas on what to do next! At Lanyap Financial, we guide you on how best to use fintech for your business. bit.ly/3gICvIw

At Lanyap Financial, we believe in the strength of the transformation automation has brought to our work. Good software frees us up to turn our expertise to interpreting financial data and translating it into a plan for your business’ future success. @zapier

How has technology and automated processes helped your business move forward? Or if you're hesitating to dive in, what challenges do you envision automated processes solving for you?

Make calculating—and recalculating—your everyday expenses a regular part of your routine. Lanyap Financial’s client portal is available wherever you can log in so you can take stock of your business at any time: bit.ly/3gICvIw

One of the key areas to invest in, now more than ever, is your employees. Valued employees perform better work and bring more energy to their customer interactions—which keeps those customers coming back to you! @Entrepreneur

Your expenses gradually shift over time—it’s a natural part of growing your business! Now is the perfect time to do a deep reassessment of your spending to gain a better understanding of what areas of your business need more support: bit.ly/3gICvIw

Getting your business back up to profitability is not just about cutting costs! Self-investment is key. Are there any areas of your business that don’t need the expenditure anymore? Can those funds be diverted to something else in your infrastructure? @Entrepreneur

“Simplicity boils down to two steps: Identify the essential. Eliminate the rest.”Leo Babauta Take time to take stock. What are the essentials that keep your business running? Are you investing enough time, attention, and, above all, money into those areas?

A connected team is a communicating, healthy, productive team! At Lanyap Financial we have a range of apps and fintech available to help your team in all things HR, payroll, and time management: bit.ly/3gICvIw

Empowering employees to make decisions on the spot rather than double-checking policy or “running it by a manager” saves customers from wasted time and frustration. This technique has been embraced by big businesses like Amazon and Trader Joe’s! @Forbes

A well-informed team is key to delivering a top-quality customer experience. With Lanyap Financial’s client portal, you can customize sales reports and projected goals to keep all your employees on the same page: bit.ly/3gICvIw

Surprises and delights are still valuable—but first, check your core offering. When a customer comes to you with a problem, do you and your team have to break out the policy sheet? Or is the whole team knowledgeable and ready to improvise a customized solution on the spot?

"Ease your customers’ pain." - Hazel Edwards - A great product is important—but how easy and enjoyable do you make it for your customer to access your product?

Preparation is key. Make sure you’ve got the best understanding of where your business is and where it can go with Lanyap Financial: bit.ly/3gICvIw