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TikTok expands social commerce

10 November 2020

Quote of the daymindset

You can have anything you want if you will give up the belief that you can’t have it.

Robert AnthonyAmerican self-help authorAttributed

Principle of the day

Network effect

A product becomes more useful as the number of relevant users or partners grows; supply and demand must be designed together.

Source: Network effect

Quote of the daystrategy

The best way to predict the future is to create it.

Peter DruckerAustrian-American management thinkerAttributed

Quote of the daypurpose of business

The purpose of business is to create a customer.

Peter F. DruckerAustrian-born American management thinker and author on strategyAttributed

Principle of the day

Occam’s razor

Do not multiply explanations beyond necessity; prefer the simplest explanation consistent with the evidence, but do not replace testing with simplicity.

William of OckhamMedieval philosopher and logician associated with this methodological principleSource: Brzytwa Ockhama

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