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Thursday, June 30, 2016

PDF Ebook Matchmakers: The New Economics of Multisided Platforms

PDF Ebook Matchmakers: The New Economics of Multisided Platforms

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Matchmakers: The New Economics of Multisided Platforms

Matchmakers: The New Economics of Multisided Platforms


Matchmakers: The New Economics of Multisided Platforms


PDF Ebook Matchmakers: The New Economics of Multisided Platforms

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Matchmakers: The New Economics of Multisided Platforms

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Audible Audiobook

Listening Length: 6 hours and 53 minutes

Program Type: Audiobook

Version: Unabridged

Publisher: Audible Studios

Audible.com Release Date: May 3, 2016

Whispersync for Voice: Ready

Language: English, English

ASIN: B01EVXH306

Amazon Best Sellers Rank:

I have read three other books on this topic - software platforms - and this is by far the best. It presents the difficulties in creating a successful platform as well as their power, eschewing the breathless hype. Well reasoned, clearly written, and easy to read.

Multisided platforms which the authors aptly refer to as ‘matchmakers’, have created huge value for society, and enormous fortunes for their entrepreneurs and shareholders. Of the five most valuable companies in the world last year, three are using the matchmaker business model: Apple, Google, and Microsoft. Of the ten start-ups with the highest market values, seven are matchmaker platforms. These include Airbnb and Uber. Lower down the market capitalization charts are many more successful companies using this model, too.The matchmaker business model is hardly a new development. A mall is an example, attracting and enabling various buyers and sellers to interact. A magazine or newspaper attracts readers through its journalism, which attracts advertisers.However, matchmaker business models are much more complicated than they appear, and have been misunderstood by business people and economists.Conventional businesses buy inputs from suppliers, and transform them in some way into either goods or services, that can be sold to customers. Here the key is to attract customers, and sell to them profitably. The tasks of matchmaker platforms, is to attract two or more types of participants by enabling them to trade with each other on attractive terms. The inputs of matchmakers are primarily their participants.Until recently, economists didn’t have models for how these businesses worked. Most investors during the dotcom bubble, for example, lost astronomical amounts of money through the application of criteria that simply didn’t fit this category. Traditional economics holds, for example, that it’s never profitable to sell products at less than cost; there is a first-user advantage; and critical mass is essential – ‘just find the eyeballs and we will find a way to monetize it.’In 2014, Jean Tirole received the Nobel Memorial Prize in Economic Sciences for important contributions to economic understanding, including his insights into the new economics of multisided platforms. Understanding multisided platforms allows businesses to assess their viability, and then to structure the business model appropriately.‘OpenTable’, a free mobile app, enables you to find and make restaurant bookings anytime, anywhere. You do not have to worry about opening hours, or phoning numerous restaurants to enquire about availability, or to view the menu. ‘Free’ wasn’t OpenTable’s temporary, opening promotion; it hasn’t ever charged. Diners are so valuable to the model that OpenTable finds and actually ‘pays’ them through rewards for using the service.The matchmakers suffer from the chicken-and-egg problem. You can’t have chickens without eggs, but you need chickens to get eggs. A matchmaking platform can’t attract diners without restaurants, but no hungry consumer would use a reservation system that had no restaurants available.As recent history has shown, most matchmaker start-ups don’t survive. “Now economists know why multisided platforms can create immense value, and how they do it, and also why most matchmaker start-ups sputter and die,” explain the authors, David Evans and Richard Schmalensee, both highly respected economists.Once the complex network effects of these businesses are understood, economists started investigating the pricing models that these firms should use, to maximize their profits. In conventional businesses price is usually achieved through balancing volume and margin. The higher the price the lower the volume, and vice versa. Selling more, but earning ever less, would not make sense: but this doesn’t always apply to matchmakers.Matchmakers sell connections, and they must balance their treatment of all the customer groups to ensure that they have enough of the right members of all groups on the platform. Pricing is a key element of this balancing act.Consider the example of malls as Matchmakers. The mall owners make use of the insight that groups in any multisided platform have different levels of interest in meeting other groups, and therefore would pay different amounts for this. These groups range from the ‘desperate to meet’ (the supermarket in the mall,) and the ‘would be nice to meet’, (the shopper). The supermarket pays to be in the mall, and may even subsidise the shopper’s parking so she can be in the mall completely free, even if the shopper shops elsewhere too.The authors identify critical issues in designing and starting a multisided platform. Uber offers an accessible example.The Matchmakers succeed when they identify difficulties that hinder the various parties from dealing with each other directly. If you need a taxi in a hurry, but your small taxi company doesn’t have cabs available in your area, Uber provides a solution. Its app automatically signals to the closest Uber driver that want a ride, and identifies your location, thereby removing the hindrance.To achieve this the Matchmakers have to secure critical mass in order to launch. If there aren’t many people needing rides, or there aren’t many people with cars willing to sell rides, you could not get a ride when you need one: the chicken-and-egg problem. Uber doesn’t have to own cars; only an enabling technology, to be able it to grow chickens and have eggs rapidly and simultaneously.Low prices are always great for one side of the platform, (the person needing a ride), but not for the other, (the driver.) Getting the pricing structure right is critical to launching a successful Matchmaker. This requires a balance between the interdependent demands of the multiple stakeholders: the driver who must cover his own operational costs and make a profit, and the people needing rides who could use their car or use a conventional taxi company. By keeping overheads low, all players in the multisided-platform win.Matchmaking is always part of broader ecosystems of competing providers, regulations, and other institutions. Uber needs to navigate the problem of not being classified as either a taxi or an employer. Uber needs to fend off the antagonism of cab drivers who are seeing their clientele disappear. Uber is assisted by harsh drunk-driving laws, that encourage passengers to get a ride rather than drive intoxicated.Matchmakers have to be concerned with the manner in which participants on the platform interact with each other. Many of these businesses have adopted governance systems, complete with ‘laws,’ ‘enforcers, and ‘penalties.’ Uber passengers are encouraged to rate the drivers’ manners and driving ability. Poor driving will result in the driver being withdrawn from the system, and abusive passengers will be excluded from using the service.It is the explosion of specific technologies that is behind the remarkable growth of multisided-platforms, the authors explain.Uber’s costs of connecting to their various constituencies are negligible. The internet can connect some 3 billion people world-wide, which is over 40% of all people on earth. Rapid transmission of messages in all forms is now possible, through the ever-faster mobile internet connection. Drivers’ and passengers’ locations can be identified instantly through GPS systems and communication between all players in real time.“When Uber decided to expand from San Francisco to Brussels, it didn’t have to build a physical distribution facility, or even hire a stable of dispatchers to handle calls and direct drivers,” Evans and Schmalensee report. All the participants using Uber hundreds of millions of times a year, in 350 cities in 67 countries needed to do, was to download the Uber app onto their smartphones.Are you, or could you be a multisided-platform? Whether you are technology-dependent or a physical multisided-platform, or interact with one, this is a valuable book.Readability Light --+-- SeriousInsights High -+--- LowPractical High --+--- Low*Ian Mann of Gateways consults internationally on leadership and strategy and is the author of Strategy that Works.

Matchmakers should be required for any entrepreneur or VC for that matter. Far too often, the failure of a company looking to launch a new market platform is written off as just another example of "marketplaces are tough". This book give you a solid framework for understand why they are difficult but also why they can be so valuable. The book is surprisingly easy to read, but don't let that fool you. The concepts explored will require some deep thought to really understand and apply the concepts to your particular business.The one section of the book I really enjoyed was on the market rules and what needs to happen when rules are violated. Most markets need some types of rules, but I get the sense that most entrepreneurs treat them as an afterthought.If you are working in an old-school industrial business or an industry that just can't seem to keep up with technology, you better read this book. Platforms are upending all varieties of boring businesses each day. Yours could be next.

After reading a summary and watching a CNBC interview with the author, I was looking forward to reading Matchmakers. I was looking for "business insight" and not a "multisided platforms are really interesting" book. Unfortunately, the book is short on insight and extremely repetitive (authors must have been encouraged by the publisher to gross up the page count). This book reads like a 20 page business journal article that someone wanted turned into a 200 page book. If you know nothing about multisided platforms, maybe this is a good book for you to skim. If you are looking for business insight, this is likely not the book for you.

This is a very useful book as it really thrives in bridging from old economy's microeconomics to the world of multi-sided platforms. Compared with other books about the current hype, the analysis performed in this book is carefully crafted and very compelling and interesting.

Great insights in this book which makes it an interesting read. The only improvement I would wish for is the overall readability - it flips between examples and then comes back to them at different parts of the book, when the point being made is largely the same.Would still recommend it, especially for employees and employers in established industries, which are bound to be transformed by multi-sided platforms, if not already.

An easy read that provides a clear view of the first-order issues in multi-sided markets.

Awesome book for understanding the new age of economics and new business models

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Monday, June 27, 2016

Free Download , by Mike Krzyzewski Donald T. Phillips

Free Download , by Mike Krzyzewski Donald T. Phillips

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, by Mike Krzyzewski Donald T. Phillips

Product details

File Size: 557 KB

Print Length: 272 pages

Publisher: Grand Central Publishing (November 1, 2001)

Publication Date: November 1, 2001

Sold by: Hachette Book Group

Language: English

ASIN: B000Q9INDQ

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Amazon Best Sellers Rank:

#1,832,789 Paid in Kindle Store (See Top 100 Paid in Kindle Store)

Duke is on TV almost as much as Sponge Bob. I've probably missed five games in twenty-five years (including my time at Duke). After reading this book, I've missed all of them. The behind-the-scenes, locker-room perspective on how Coach K motivates players is powerful and moving. His preparation for each game centers less on the opponent and more on singling out one player on his own team to lift that player's game. His simple, direct message gets through."Next Play," "Confidence Breeds Courage," "Collective Responsibility" and other catch-phrases of K's apply not only to basketball but to business and to life.How many coaches after winning the National Championship would bring their team back into the locker room two days later to remind them that the Lessons of the Fist (for what those are you have to read the book) apply not only to basketball but to life? How many, in the same meeting, would goad their players to excel not only on the basketball court but in the classroom and in life?This is a book to treasure.

In Five Point Play, Coach Mike Krzyzewski tries to teach the 2001 Duke basketball team about not only basketball, but life too. By setting examples for the team, Coach shows his players the results of communication, trust, care, responsibility, and pride, the same points that helped them win the national championship. "Coach K" has a crew of talented coaches and players that include Shane Battier, Jason Williams, Carlos Boozer and many more. I like the way that Coach Krzyzewski put this book together, by explaining every pep talk, describing every huddle, and giving the details of every game. Although I wouldn't recommend this book to a North Carolina fan, I hope that every other basketball fan gets a chance to read Five Point Play.

As an avid Duke fan I may be a bit biased, but I felt the book was great with a lot of good insight into the behind the scenes day to day operation of a big time college basketball program. Showing how Coach K relates to each individual in a unique way is interesting.

great book, read it quickly. shipped fast

Anyone that is a Duke fan should read this book. It a great look back on how the team handled issues in their season. Go Duke!!

Book review of "Five-Point Play" "Five-Point Play" by Mike Krzyzewski with Donald T. Phillips is an inspirational story of Dukes journey to the 2001 National Championship. Through the book you will find Coach K's schemes that helped lead the team towards their goals. Also the way he connects his players and his own emotions towards the journey in the book is very entertaining. There are many things I enjoyed about the book, but one thing I liked a lot about it was how often he used personal quotes from himself, other coaches, and players to connect you with there journey. Such quotes like at the end of the book after they have won the championship he says, "I just tried to sing my own song for this year's performance and not worry about things. It made me healthier and helped me coach for the right reasons. I had the most incredible year that I've had with a group of kids. I can't stop smiling." You can always get media and other people's opinions on what happened, but when you get there personal quotes, you can actually see what they went through to reach their goals. Another reason I loved reading the book was discovering Coach K's elaborate plans and schemes to get players to build off each other and off their situations. But his main principle is the "Five-Point Play"; Communication, Trust, Collective Responsibility, Caring, and Pride. He has many other amazing schemes, but to get into detail you would have to read it yourself. Those are just a few reasons why you could get to liking this book. It's a very inspirational journey and you can find tools that Coach K uses for yourself in everyday life. Also you're never going to loose background or information in the story because of all the personal quotes and information. It is a very enjoyable book and I recommend it.

Coach K relives the 2000-2001 championship season. Future NBA players Shane Battier and Mike Dunleavy lead Duke to wins over Maryland and Arizona to win his third national championship. Sorry to be sparse on details, but it's been almost 15 years since I read it.Duke fans, it's just past Coach K's 1000th victory, why not get this now?

Five-Point Play is the perfect companion to the 2000-2001 Basketball Season. I received the book from Amazon two days ago, and managed to read it in just a couple of hours. The book is a blow-by-blow account of how the Blue Devils grew and matured during its championship run. Five-Point Play is written in the same style as the ESPNMAG article that was written from Coach K's perspective.Although I don't think one has to read "Leading with the Heart" to enjoy this book, I do think that one's enjoyment is definitely elevated by doing so. A lot of what Coach K emphasizes in Five-Point Play has distinct echoes from his previous book. Such important lessons as communication, trust, collective responsibility, caring, etc. are big themes that he re-emphasizes to the team. However, the primary difference is that in this book, Coach K follows the season in chronological order, with descriptions of practices and in-game situations. There are also several quotes from the players, coaches and staff that are inserted during these situations that further illuminate the different perspectives on the team. Perhaps one of the most interesting parts of the book describe, in great detail, the team's psyche when Carlos suffered his foot injury and the team's subsequent shift in offensive and defensive strategies. In reality, there was a signifcant amount of doubt that the team would be able to be competitive by practically everyone on the team-- including Coach K! Fortunately, the Duke Blue Devils overcame this obstacle (among many others) and surged towards the National Championship.

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Sunday, June 26, 2016

PDF Ebook Bad Childhood-Good Life: How to Blossom and Thrive in Spite of an Unhappy Childhood

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Bad Childhood-Good Life: How to Blossom and Thrive in Spite of an Unhappy Childhood

Bad Childhood-Good Life: How to Blossom and Thrive in Spite of an Unhappy Childhood


Bad Childhood-Good Life: How to Blossom and Thrive in Spite of an Unhappy Childhood


PDF Ebook Bad Childhood-Good Life: How to Blossom and Thrive in Spite of an Unhappy Childhood

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Bad Childhood-Good Life: How to Blossom and Thrive in Spite of an Unhappy Childhood

About the Author

Dr. Laura Schlessinger, a licensed marriage and family therapist, is one of the most popular talk-show hosts in radio history and the only woman to win the prestigious Marconi Award for syndicated radio. She is the author of twelve New York Times bestsellers, writes a daily blog, and is a regular Newsmax columnist. She is heard daily on Sirius/XM Channel 155 live, and her program is streamed and podcast on www.drlaura.com. Dr. Schlessinger has her own YouTube Channel (YouTube.com/drlaura). She is also the skipper and driver of a racing sailboat program that won the 2010 international race from Newport Beach to Cabo San Lucas. She and her husband live in Southern California.

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Product details

Paperback: 257 pages

Publisher: Harper; Reprint edition (May 29, 2007)

Language: English

ISBN-10: 0060577878

ISBN-13: 978-0060577872

Product Dimensions:

5.3 x 0.6 x 8 inches

Shipping Weight: 13.6 ounces (View shipping rates and policies)

Average Customer Review:

4.4 out of 5 stars

216 customer reviews

Amazon Best Sellers Rank:

#44,655 in Books (See Top 100 in Books)

I really liked this book, I only read it because I was curious. As many people here, I too have had a bad childhood. Abandoned in a catholic orphanage at age 3 until 11....then in an abusive foster family. As a child I really never knew what it would be like to be loved and belong to a family. But I am now 62 and have my own family. It is amazing how wonderful my children have turned out. I have had a counselor tell me that lit is not possible to have a wonderful family after a childhood like mine. But I will say "Through Him anything is possible" I have been married for 40 years. I have to say I put many of these principles from this book to work. I never had a victim mentality. I decided at 18 after I left the foster family, that I would not look back and I am now in charge of my own life. But I was angry with God for allowing me to go through that type of childhood. Now looking back I can see how He was there for me. I will not get into detail. But the book has many good ideas that I can honestly look back and say I did that and things worked out for me. If you had a bad childhood I would highly recommend it.

This book saved my life, and when I say that I am not over emphasizing. I was headed into self destruction, and was given this book. It had given me the tools to deal with all of the past I didn't know how to handle, and she's so tough and straight forward it really got through. I am not one for self help books but this book was amazing, purchased it for several others since. There were times when I opened the book and threw it after reading because she was right. I couldn't help but continue to pick it back up and finish because I was finally getting through what needed to heal. It took me 2 very long years to finish it only because of what I needed to deal with, but it gave me myself back and helped me to live outside of the trauma I had experienced! It has stopped defining me, I highly recommend it.

I have battled to understand the symptoms of Bad Childhood in those closest to me for years without realising the underlying cause. This book clearly articulates the situations giving rise to these patterns of behaviours, and how they go on to manifest in adult life, as the wounded child facilitates the intergenerational transferrance of the pain onto the innocent parties surrounding them. This book has been a godsend to me, and I trust will be similarly to others. It is a revelation which has allowed me to discover that I am not insane, as I previously imagined myself to be.

I absolutely love this book. I have a copy already and it has so many things that are highlighted, and I have notes in the margins! Anytime anyone asks me if they can borrow it, I buy them their own copy. :) It's so good I'd rather they had it on their shelf and have the ability to mark theirs up like I have! I've read this book several times.

I always get inspiration from reading Dr. Laura's books - plus a good swift kick in the pants to move forward with life.I used this book as a workbook; I would read a little and then stop to journal my thoughts and feelings, connecting what I learned to my circumstances. I found that extremely beneficial.

I think my biggest take away from this book is that i can't wait for my feelings to change before I change my actions. Pain from a bad childhood will never truly go away. One must be resilient and choose to behave as though I have a good life, which I do, instead of ruining it by focusing on the pain of the past and waiting for my feelings to change. If I wait for my feelings to change I will only succeed at repeating history. Highly recommend.

The tone of this book starts out a bit differently than some of Dr. Laura's other books, and I was afraid it wouldn't be as good, helpful, or focused (i.e., less helpful). Those fears were proven unfounded!There were so many letters and calls referenced in the book that reminded me of my upbringing, and as the pace and flow of the book picked up, I couldn't put it down--until I came to the part about a woman who had been told by her mother that she wished she'd aborted her: My mother once told me the same thing (as well as the fact that she wished I'd never been born, was useless, lazy, dumb, etc., ad nauseum), but the only reason she hadn't was because it was illegal at the time and she feared for HER safety (no such concern for the safety of the little tiny person inside her). It is no exaggeration to say Dr. Laura really helped me realize that no matter how much parental love is needed, not everyone parents their children. Some people are little more than sperm- and egg-donors; some parents are just selfish, mean, evil jerks, and will always be so, and there is strength to be found in facing the fact that they will never apologize or even acknowledge any hurt or wrongdoing on their part. Further, that it is generally healthier NOT to forgive them, because that is merely the final insult to a child (of any age) who has been hurt and damaged by a parent--that the abuser is absolved of all responsibility and treated as if it never happened.If you even THINK you might turn into your abusive, selfish, evil, jerky parents, please buy this book for your children's sake, and break the cycle of pain.

Don't need a book to explain that you can have a good life with a not so good childhood. Have God in your life and you can't go wrong.

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Bad Childhood-Good Life: How to Blossom and Thrive in Spite of an Unhappy Childhood PDF