Tag Archive | "Happen"

Autonomous Driving for Trucks Will Happen First, Says Full Truck Alliance CFO

“Our view is that the commercialization of autonomous driving for passenger vehicles will probably take a bit longer than people would think,” says Richard Zhang, CFO of Full Truck Alliance. “We think the commercialization of autonomous driving for trucks will probably take place a lot sooner than it will take place in the passenger car vehicle sector.”

Full Truck Alliance is a multi-billion dollar valued company that is becoming the Uber of trucks throughout China. The fragmentation of the trucking industry in China between independent truckers and shippers has resulted in an empty load rate of over 40 percent, about four times higher than in the United States. The Full Truck Alliance app and online platform connects shippers to truckers in real-time enabling huge reductions in empty loads.

Richard Zhang, CFO of Full Truck Alliance based in China, discussed the company’s future in an interview on CNBC International TV this morning:

Full Truck Alliance in China is the Uber for Trucks

The problem we’re trying to solve is very simple because there are high inefficiencies between matching with the truck drivers and also matching with the shippers. The empty load rate in the US is only ten percent while the empty load rate in China is 40 percent. The empty load rate is very similar to the vacancy rate in the hotel business. The reason is that the market here is highly fragmented. You have highly fragmented truck drivers and highly fragmented shippers, lots of SMEs.

Before we came into existence the matching between the truck drivers and shippers were taking place across a thousand offline marketplaces in China. What we have been trying to do is bring that offline marketplace online and use our algorithms in the back office to match automatically the truck drivers and the shippers. We are trying to reduce that empty load rate to well below 40 percent.

Monetization Via Membership and Uber-Like Fees

Our monetization strategy for Full Truck Alliance is as a product of a merger between two companies, Truck Alliance and also Yunmanman a little over a year ago. Post-merger we started monetization and the monetization takes place in two ways. Number one is we are charging a membership fee for the shippers and also very similar to Uber or DiDi we’re charging a take rate on the transactions themselves.

We were very close to achieving our 2018 profit objective. We are actually very marginally close to break-even at the current moment and we have no doubt that we’re going be making earnings in 2019.

Autonomous Driving for Trucks Will Happen First

Our view is that the commercialization of autonomous driving for passenger vehicles will probably take a bit longer than people would think. We think the commercialization of autonomous driving for trucks will probably take place a lot sooner than it will take place in the passenger car vehicle sector. Therefore we are deploying a certain amount of resources into that sector in the form of investment.

We have decided to be a strategic investor in an autonomous driving truck company for them to actually develop that technology and for us to actually use. The mandate for the partner is to actually put a fleet on the road in China to start working with our shippers in the next 12 to 24 months. That’s our mandate and so it depends on how successful they’re going to be at executing our strategy.

The post Autonomous Driving for Trucks Will Happen First, Says Full Truck Alliance CFO appeared first on WebProNews.


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Google Updated Their Algorithm For “Did The Holocaust Happen?” Controversy?

Over the past week or so, Google has been getting some heat around various anti semitic and racist sites ranking well in their search results. One of those queries getting a ton of attention is [did the holocaust happen]…


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What Could Happen if You Launch a Podcast in the Next 30 Days?

imagine your future in podcasting

Let’s start with a question you know the answer to:

What do you need to build a successful online business today?

Well, you start with a growing, loyal audience who views you as an authority. Content Marketing 101.

Now another question you probably can answer:

How do you stand out from the crowd, cut through the noise, and build an authentic connection with an audience when there is already so much content out there and more coming every day?

Isn’t it too … late?

No, it’s not too late.

But the reality of the content abundance all around us does mean that we cannot blend in and expect to stand out.

We must attract attention, be useful, and build trust.

In other words, we need to be remarkable.

And there is no better way to create an authentic connection with an audience than through a remarkable podcast.

Now I’ve got a question I bet you don’t know the answer to … yet.

If you launched a podcast today about your favorite topic in the entire world, where could you be five years from now?

Think about it for a minute. Let your mind wander.

While you’re thinking, I’ll quickly share my story.

Five years ago, I did launch a podcast about my favorite topic in the entire world: Indiana Hoosiers basketball.

I didn’t really know what I was doing — I was nervous and a little afraid — but I launched it anyway. And somehow I convinced a couple of guys I’d never met to co-host with me.

Five years later, The Assembly Call gets hundreds of live viewers, thousands more on the podcast, and is simulcast live on terrestrial radio.

Yeah, I host a radio show now. Who’da thunk? (That was fun to type.)

We also have an official internship program with the IU Sports Media school, and we are entirely listener supported.

Imagine if I hadn’t made that choice to launch the show five years ago, well before I was ready.

Actually, I’d rather not. I’m quite fond of what has transpired since.

So … did you come up with an answer?

Where could you be in five years if you launched your podcast in the next 30 days?

You know, come to think of it, five years is a long time to wait.

Let me rephrase that question.

If you launched a podcast today, about a topic strategically chosen to help you build an audience that could build a business, where could you be 18 months from now?

Think about it for a minute. Let your mind wander.

While you’re thinking, I’ll quickly share my friend Jonny Nastor’s story.

Eighteen months ago, he did launch a podcast about a topic strategically chosen to help him build an audience that would build his business: the entrepreneurial mindset.

He didn’t really know what he was doing — he was nervous and a little afraid — but he launched it anyway. And somehow he convinced a sponsor to support him before he’d even published an episode.

Eighteen months later, Hack the Entrepreneur is one of the top business podcasts in the world, gets tens of thousands of downloads every episode, and Jonny was able to repurpose material from the podcast into a book that became an Amazon bestseller.

Yeah, he went from unknown podcaster to bestselling author in 18 months. (I bet that was fun for him to read.)

Jonny also recently launched a paid membership community and has now interviewed more of his business heroes than he can probably count.

Imagine if he hadn’t made that choice to launch the show 18 months ago, well before he was ready.

Actually, I bet he’d rather not, as I know he’s quite fond of what has transpired since.

So … did you come up with an answer?

Where could you be in 18 months if you launched your podcast in the next 30 days?

You know, 18 months is a lot less than five years, but it’s still a while to wait.

Let me rephrase that question.

If you launched a podcast today, about a topic you are passionate about and that was chosen strategically to build an audience that could build an online training business, where could you be six weeks from now?

Think about it for a minute. Let your mind wander.

While you’re thinking, I’ll quickly share my story of working with Jonny.

On April 1, 2015, we launched a podcast about a topic that we are passionate about, and that was chosen strategically to build an audience that could build an online training business: podcasting.

At this point, after our individual podcasting successes on our own, we had a much better idea of what we were doing, but neither of us had ever built a course before. So, we were still nervous and a little afraid. But we launched anyway.

Less than six weeks later, on May 8, 2015, The Showrunner was one of the most popular Management & Marketing podcasts in the world, and our course, The Showrunner Podcasting Course, had grossed more than $ 75,000.

Yes, we had gone from nervous, sweaty-palmed novices to respected podcast instructors. (It wasn’t easy, but it was incredibly rewarding.)

And both the podcast and course kept growing. The Showrunner Podcasting Course would gross nearly $ 175,000 by August 20, when we closed new registrations for 2015.

Imagine if we hadn’t made that choice to launch the podcast on April 1 and launch the course just a few weeks later.

Actually, we’d rather not. We’re both quite fond of what has transpired since. ”</p

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What’s Going to Happen to Google Advertisers?

Industry experts say Alphabet, which separates the profitable parts of Google’s business, highlights the company’s weaknesses but may also be good for branding and product development.

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The first fully solar-powered school district should happen this summer




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Students in a small region of southern Iowa again see the great technological changes in the fall. The more workers were to transform school buildings in the first district of Iowa completely powered by the sun.

In January, the district WACO farm installed a large solar collector behind the building of the primary school in Crawfordsville. In July, work should begin in another solar farm next to the main building of the school in Wayland. When all is done, solar energy should provide more than 90 percent of the electricity needs of the district.

From the street, WACO elementary as little primary school building in the city. But Superintendent Darrell Smith said that when he heard the buzz of the orders of the collector panel behind the school, it’s the sound of money in the bank.

“The first conversation we had was, ‘How can we reduce General Fund spending and save money for the district wanted to help the general fund and has evolved”? We were the first to go full sun in Iowa, “Smith said.

The director said that the initial configuration of the solar panel has already had an impact, saving about $ 20,000 in energy costs, while from the beginning of the year. After that, Smith began looking for ways to expand the use of solar energy throughout the district.

Another large solar park is expected to land next to the main building of the school in Wayland. Smith believes will bring the percentage of the area supplied by the sun to more than 90 percent. Given cloudy days in Iowa, he said here that almost 100 percent of solar energy as expected.

On sunny days, the solar panels should provide the district as much as 110 percent of the energy used. With net metering, the surplus is returned to the system of Alliant Energy and brought credit to the district.

WACO solar Conversation became a teaching moment this spring as 5 and 6 students took daily measurements ahead and calculates the output power. Professor Chad McClanahan said students began rooting for sunny days for the system to produce more energy.

“That gives you a sense when you can see what is happening and it makes a difference when it comes to science and green energy, and then say” Come look, “he said.

Superintendent Smith said WACO struggled trying to reach the final push spring sun. The original solar park was financed by a tax of one cent local option. But this money might not cover an additional system. The district wanted to take advantage of solar tax credits and private investment needed to buy the system with a lease-back and eventual sale of the district. Iowa law has no rules to cover this type of financial agreement.

Smith said the Iowa Department of Education has worked with the neighborhood and eventually found a way to make the project a reality. So when the sun shines at the end of August, this means more savings for the district of about 500 students.

It is expected that members of the Board of Directors of the WACO school for open tenders and approve the solar expansion in mid-June At least a dozen school districts in Iowa contact the responsible WACO ask how they did it.

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When Getting Fired Is The Best Thing That Can Happen To You

I don’t believe most businesses are planned. At least, KAS Placement (my business) wasn’t. There were certain seeds that were planted almost unbeknownst to me at the time, but hindsight shows that they were truly crucial to my career, the careers of the employees at KAS, and those of our…

The post When Getting Fired Is The Best Thing That Can Happen To You appeared first on Entrepreneurs-Journey.com.

Entrepreneurs-Journey.com by Yaro Starak

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Seth Godin on Stepping Up and Making it Happen

Seth Godin is the author of 17 bestselling books. He’s the founder of email marketing pioneer Yoyodyne, and the charity-driven publishing platform Squidoo. And he’s the selfless dispenser of daily wisdom via the most popular marketing blog on the planet.

But if you had to sum Seth up in one word, it might well be impresario.

The classical definition of that word refers to a promoter, manager, or conductor of an opera or concert company.

The modern definition, set forth by Seth himself when he’s teaching others about the prime entrepreneurial role of the connection economy, is as follows:

One who gathers others together for creating art–the art of making a ruckus; the art of inventing the future; the art of important work.

Whether bootstrapping a startup by building an audience first, curating content to create something vibrant and new, or assembling a tribe that changes the world, it’s the modern impresarios who best take advantage of the power of the Internet to turn intangible ideas into real things that really matter. Things that change lives.

In this 30-minute episode Seth Godin and I discuss:

  • How he sold 40,000 copies of his self-published book (so far)
  • Seth’s early failure, and what he learned from it
  • His training for the post-industrial “connection economy”
  • The kind of business that we’re all in now
  • Why it’s worthwhile to embrace the impresario concept
  • How to waste your life, one simple step at a time
  • If Seth’s decision to stop publishing traditionally was worth it
  • Why every bestseller is a surprise bestseller
  • The biggest challenge in producing his latest book
  • The future direction of education

Click Here to Listen to Rainmaker.FM Episode No. 22

Or, grab it in iTunes.

Image by Amanda Sandlin

About the author

Brian Clark

Brian Clark is founder and CEO of Copyblogger, host of Rainmaker.FM, and evangelist for the Rainmaker Platform. Get more from Brian on Twitter.

The post Seth Godin on Stepping Up and Making it Happen appeared first on Copyblogger.


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Google Apologizes For World Cup Logo With Wrong Flag, Not “Ghana” Happen Again

Google scored a goal against itself by mixing up the flags of Cameroon and Ghana in a special logo highlighting the Mexico versus Cameroon match happening today in the World Cup. Well, it is Friday the 13th. Google’s already fixed the logo and tweeted an apology with a pun: p.s. thanks to…



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