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TikTok fined – ordered to pay €345 million

19 September 2023

Principle of the day

Reciprocity

People are more likely to reciprocate value received earlier; free value should be real, useful and not covertly coercive.

Robert CialdiniAmerican psychologist and author on social influenceSource: Principles of Persuasion

Quote of the daynonconfrontational advantage

In blue oceans, competition is irrelevant because the rules of the game are waiting to be set.

W. Chan KimSouth Korean-born INSEAD strategy professor and co-creator of the blue ocean conceptSource: What Is Blue Ocean Strategy?

Quote of the daysalesperson authenticity

Great sellers are really good at being hyper-authentic.

Colin CogginsAmerican sales professor, entrepreneur, and co-author of The Unsold MindsetSource: What we can learn from great salespeople (w/ Colin Coggins)

Principle of the day

Moore’s law

The historical observation described rapid growth in transistor density; in business it highlights that technology advantage requires continuous adaptation.

Gordon MooreAmerican engineer and Intel co-founderSource: Gordon Moore and Moore’s Law

Quote of the daygrowth

Your time is limited, so don’t waste it living someone else’s life.

Steve JobsCo-founder of Apple · Stanford commencement address (2005)AttributedView profile: Apple

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