Podcasts about economies of scale

In this conversation, Dylan Silver interviews Scott Kidd, a yacht captain turned multifamily real estate investor. Scott shares his journey from the unpredictable world of yachting to the more stable realm of real estate investing, emphasizing the importance of having a backup plan and the value of networking. He discusses the advantages of multifamily investments, the significance of building a strong team, and the challenges of balancing two careers. The conversation also touches on the dynamics of partnerships in real estate and the lessons learned from diverse experiences.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

On this episode of The Hillsdale College Online Courses Podcast, Jeremiah and Juan discuss the difficulties of running a small business before introducing Dr. Charles N. Steele. Capitalism rewards man with profit or punishes him with loss, depending on the merit of his actions. It expresses the freedom and rationality of human nature in an economic system. The capitalist system depends upon private property rights, the freedom of exchange and contract, sound money, and the rule of law that supports all of these through formal and informal structures. Such a system encourages innovation and morality along with economic prosperity. Large operations tend to be more efficient at production, but they require greater investments in management and organization. Individuals and corporations maximize their efficiency by balancing the proper size and scope of their endeavors.See omnystudio.com/listener for privacy information.

On this episode of The Hillsdale College Online Courses Podcast, Jeremiah and Juan discuss the difficulties of running a small business before introducing Dr. Charles N. Steele. Capitalism rewards man with profit or punishes him with loss, depending on the merit of his actions. It expresses the freedom and rationality of human nature in an economic system. The capitalist system depends upon private property rights, the freedom of exchange and contract, sound money, and the rule of law that supports all of these through formal and informal structures. Such a system encourages innovation and morality along with economic prosperity. Large operations tend to be more efficient at production, but they require greater investments in management and organization. Individuals and corporations maximize their efficiency by balancing the proper size and scope of their endeavors.See omnystudio.com/listener for privacy information.

Economies of scale is a concept that all businesses should understand, regardless of size. Basically, it means saving money as your business grows. As your operation expands, the average cost of producing each item or delivering each service decreases.Furthermore, this principle applies to businesses of all types. Whether you run a small bakery, manage a theater company, or operate a multinational corporation, understanding economies of scale can help you boost profits and grow sustainably.How Do Economies of Scale Work?To illustrate this concept, consider a bakery. Initially, when making a single cake, you need specific amounts of time, energy, and ingredients. However, when making 20 cakes simultaneously, you'll use the same oven and roughly the same amount of electricity. Additionally, you can buy ingredients in bulk at lower prices. Consequently, the average cost per cake decreases.Similarly, think about sharing £100 among friends. If 10 friends split it equally, each receives £10. Nevertheless, if the group grows to 20 people, each person gets only £5. This demonstrates how costs spread across larger operations.Types of Economies of ScaleThere are two main categories:Internal Economies of ScaleBulk purchasing of materialsInvesting in better equipmentTraining staff to handle more responsibilitiesExternal Economies of ScaleIndustry growth leading to supplier price reductionsImproved infrastructure in your areaLower transportation and logistics costsReal-World ExamplesBakery ExampleInitially, a small bakery buys ingredients from local shops. Afterward, as they grow, they purchase in bulk from wholesalers. Eventually, they might invest in larger, more efficient ovens. Accordingly, their cost per loaf decreases over time.Theater Company ExampleFor a theater's first production, everything is created from scratch. Subsequently, sets and costumes can be reused or repurposed. Furthermore, as the audience grows, marketing costs per ticket decrease.Challenges and LimitationsDespite the benefits, economies of scale have limitations. Firstly, not every business can scale up easily, especially those offering bespoke services. Secondly, rapid growth without proper planning can lead to diseconomies of scale—where costs actually increase due to inefficiencies. Thirdly, you need initial resources to invest in equipment and bulk materials.Overtrading can occur when businesses grow too quickly without adequate planning or resources. Therefore, careful strategy is essential.Practical Steps to ImplementReview Your Costs: Identify areas where scaling would reduce expensesPlan Ahead: Think about growth in stages rather than all at onceBuild Partnerships: Collaborate with others to increase purchasing powerEmbrace Technology: Use automation and software to streamline processesConclusionEconomies of scale provide a powerful way to make your business more efficient and competitive. During our discussion, we highlighted how understanding this concept can help businesses of all sizes save costs, increase profits, and grow sustainably.Although there are challenges to consider, the benefits of strategic scaling far outweigh the risks when approached thoughtfully. Obviously, the key is to plan carefully and implement gradually.Listen to the "I Hate Numbers" podcast for more insights on business economics and strategies to help your venture thrive. Furthermore, if you found this episode helpful, please share it with fellow business owners...

Welcome to the Ed Parcaut Show! In this episode, Ed sits down with Colin Hirdman, a seasoned entrepreneur with a keen expertise in leveraging LinkedIn for business growth. They dive into Colin's unexpected journey into entrepreneurship that started at a birthday party, and his early days in the data processing business during the mid-90s. Colin shares his insights on transitioning from direct mail to digital marketing, selling his first business in 2006, and co-founding Monkey Island Ventures. Listen in as they explore the art of building authentic connections on LinkedIn, Colin's philosophy on audience building, and the detailed process of using LinkedIn Live Streams to engage with potential clients. Whether you're an aspiring entrepreneur or a business professional looking to sharpen your LinkedIn game, this episode is packed with valuable tips and strategies to help you succeed. Tune in now to learn how to create meaningful interactions and establish thought leadership on the platform.  **Contact Ed Parcaut:** -

This episode will teach you about Economies of Scale in the Restaurant World. And also why is a good idea to start thinking of having another location? Take a listen.Contact Me at:yourlifeandrestaurant.com

Beyang Liu, the CTO & Co-founder of Sourcegraph is back on the pod. Adam and Bryant go deep on the idea of "industrializing software development" using AI agents, using AI in general, using code generation. So much is happening in and around AI and Sourcegraph continues to innovate again and again. From their editor assistant called Cody, to Code Search, to AI agents, to Batch Changes, they're really helping software teams to industrialize the process, the inner and the outer loop, of being a software developer on high performance teams with large codebases.

Beyang Liu, the CTO & Co-founder of Sourcegraph is back on the pod. Adam and Bryant go deep on the idea of "industrializing software development" using AI agents, using AI in general, using code generation. So much is happening in and around AI and Sourcegraph continues to innovate again and again. From their editor assistant called Cody, to Code Search, to AI agents, to Batch Changes, they're really helping software teams to industrialize the process, the inner and the outer loop, of being a software developer on high performance teams with large codebases.

This week's podcast is about economies of scale.You can listen to this podcast here, which has the slides and graphics mentioned. Also available at iTunes and Google Podcasts.Here is the link to the TechMoat Consulting.Here is the link to our Tech Tours.Here are the 5 things everyone gets wrong:1 -  Not breaking economies of scale into its multiple types2 – Overlooking the Negative Impact of a Non-Circumscribed and / or High Growth Market3 – Not Understanding Minimum Efficient Scale, Indivisibility, and Scale Differentials4 - Impact of Digital Disruption5 – The Need for Demand Side Competitive Advantages-----------I write, speak and consult about how to win (and not lose) in digital strategy and transformation.I am the founder of TechMoat Consulting, a boutique consulting firm that helps retailers, brands, and technology companies exploit digital change to grow faster, innovate better and build digital moats. Get in touch here.My book series Moats and Marathons is one-of-a-kind framework for building and measuring competitive advantages in digital businesses.This content (articles, podcasts, website info) is not investment, legal or tax advice. The information and opinions from me and any guests may be incorrect. The numbers and information may be wrong. The views expressed may no longer be relevant or accurate. This is not investment advice. Investing is risky. Do your own research.Support the show

Welcome to another episode of The Ecommerce Braintrust podcast hosted by Acadia's Head of Retail Marketplaces Services Julie Spear and Director of Retail Operations, Jordan Ripley. Today we're joined by Martin Heubel, founder of Consulterce and leading expert on Annual Vendor Negotiations or AVNs.  Martin spent nearly 5 years internally at Amazon in various category and vendor management roles before founding Consulterce to help brands better understand and navigate their vendor relationships and negotiation process with Amazon.  For today's episode, we'll be diving into next year's AVN cycle - how it might be different than years prior and how brands should ultimately be preparing for this process now to ensure they're in the best position for success next year.  Make sure you tune in to find out more!   KEY TAKEAWAYS In this episode, Julie, Jordan, and Martin discuss: Duration and Challenges of Annual Vendor Negotiations: Typically take 3.5 months to complete. 72% of brands encounter difficulties. Key issues include direct and hidden costs like charges and trade marketing investments. Strategy for Reducing Trading Terms: Only 9% of brands have managed to reduce trading terms. Success often linked to diversified sales channels and less dependency on Amazon. Influences on Profitability: Trade investments have increased by 69 basis points year-over-year. Focus on understanding costs such as shortages and chargebacks affecting net sales. Amazon's Operational Focus: Emphasis on automation, offshoring, and efficiency, including a 15% reduction in corporate headcount. Decreased inventory holdings, impacting vendor negotiations. Shipping Speed and Customer Spending: Faster shipping correlates with higher annual customer spending. Critical for vendor discussions as Amazon targets fulfillment reliability. Market Focus and Strategy Differences: Variation in Amazon's focus by market maturity and region. Differences between mature markets (US, UK, EU) versus expansion markets (Japan, Australia). Vendor Negotiation Strategies: Importance of preparing proactively, setting negotiation anchors, and involving cross-functional teams. Emphasis on data-driven discussions, leadership alignment, and clear negotiation objectives. Amazon's Balance Between Profitability and Growth: Shift from a growth-focused pandemic approach to current profitability optimization. The impact of rising competition from platforms like Shein and TikTok Shop. Preparing for Future Negotiations: Clarity and objectivity as critical elements for successful negotiation outcomes. Preparing for the 2025 negotiation cycle with clear expectations, mutual growth goals, and thorough data analysis. Anticipation for Continued Collaboration: Future discussions planned to evaluate the effectiveness of strategies and insights shared.

Economies of Scale are crucial for businesses seeking efficient growth. This week's episode explains how this concept applies across industries, especially in small businesses and the creative arts. When businesses grow, unit costs generally decrease, leading to more profit when managed well. Additionally, economies of scale provide businesses with the opportunity to optimise resources, which is vital for sustainable success.The Core of Economies of ScaleEconomies of Scale mean that when businesses expand, they can produce goods or services at lower costs. Fixed costs, e.g., rent and salaries, spread across more products, consequently reducing each unit's cost. For example, buying ingredients in bulk lowers the cost per cake, thus allowing for either higher profits or competitive pricing. Furthermore, the larger the scale of operations, the more opportunities arise for negotiating better deals with suppliers, leading to additional cost savings.Comparatively, businesses operating on a smaller scale may struggle to achieve such savings, making it even more critical to understand the timing and scale of expansion. However, it's important to recognise that economies of scale are not just about cost reduction. Instead, they also offer a strategic advantage in improving market competitiveness by enabling businesses to lower prices while maintaining or even improving quality.Why Economies of Scale MatterUnderstanding economies of scale is essential for small businesses. It helps in planning growth and guides decisions on investments in staff, equipment, or premises. Lowering unit costs undoubtedly boosts profits, enables competitive pricing, and supports business reinvestment, driving continuous growth. Moreover, economies of scale can make the difference between mere survival and thriving in a competitive market. Specifically, businesses that leverage these efficiencies can reinvest savings into other areas, such as marketing or product development, creating a cycle of growth and innovation.Practical Examples from the ArtsIn creative arts, economies of scale have a significant impact. A full theatre audience spreads fixed costs over more tickets, thus lowering the average cost per ticket. Similarly, artists printing larger batches of their work reduce the cost per print, thereby increasing profits or alternatively allowing competitive pricing. Consequently, this attracts more buyers and enhances the artist's market presence. Likewise, in a production company, producing content at scale can lead to better utilisation of resources, such as equipment and crew, making each project more cost-effective.Challenges and ConclusionEconomies of scale present challenges, especially when growth occurs too quickly. This can lead to inefficiencies, known as diseconomies of scale. Albeit, careful planning is essential to maintain quality and ensure sustainable growth. Undeniably, understanding it is key to long-term business success, regardless of size. Finally, it's worth noting that while economies of scale offer substantial benefits, they require strategic management to avoid potential

Hello, dear listeners!   Today, we finalise the "#Rivalry among #Competitors" - one of the five forces in the #5forces #framework by #Porter. In this episode, I talk about two related drivers for this force - #economiesofscale and Ratio of #Fixed to #Variable #costs. I hope that you will like my examples. Enjoy!   Best Eugene (Yevgen)  

Braxton Manley is the Co-founder of Braxley Bands, which makes comfortable Apple Watch bands using an innovative elastic material. He is also the Co-founder of Mystic Gum and the CEO of Peace Love Hormones. His entrepreneurial journey began as a college project and became Braxley Bands, which he has since scaled to over $6 million in revenue. Braxton's creative and strategic approach to business has led him to successfully manage three unique brands simultaneously. With a deep understanding of e-commerce and a drive for continuous learning, Braxton excels in marketing innovation and product development. His journey showcases a blend of creativity, managerial excellence, and adaptability in the fast-paced world of digital commerce. In this episode… How can one adapt to the shifting tides of e-commerce, find joy in the journey, and still achieve remarkable success? Could economies of scale be the secret sauce for a successful e-commerce empire? Having scaled a college project to a multimillion-dollar empire, DTC expert Braxton Manley reveals his strategies for thriving in the e-commerce sector. He shares lessons from starting his longest-running business while managing two other DTC businesses under a single brand umbrella. By focusing on each brand's strengths and scaling them individually, entrepreneurs can navigate the challenges and opportunities of managing multiple brands. He dives into his strategic approach toward business, adopting a Profit First mentality, leveraging motion product pictures, tackling leaked discount codes, and his novel approach to first-purchase subscriptions. Tune in to this episode of the Up Arrow Podcast as William Harris chats with Braxton Manley, Co-founder of Braxley Bands, about scaling DTC brands beyond traditional growth metrics. Braxton explores the resilience and ingenuity required in business, the essence of staying true to one's goals, and the value of preparation, creativity, and flexibility. Braxton's story is a testament to the modern entrepreneur's journey.

In this episode of the SaaS Revolution Show our host Alex Theuma is joined by Eoin Bara, CEO of Tipple, who shares how Tipple won five billion dollar customers in its first year of operation. "There's a lot of SaaS companies that do one thing, and I think there is a trend in the market towards consolidation. So if you look at, like, employer records and HRIS systems benefits tools, right, I think there's going to be consolidation of those into one tool. You know, we look at Revolut now doing expenses, you know, you look at offering other products, that's going to be the thing. It's 1. finding the thing that's going to be the killer feature that brings the customers in the cutting through the noise of marketing and like getting to your target customer, then it's going to market getting scale." Eoin shares: - His journey from being a UX designer working with the likes of Goldman Sachs, Vodafone, like Aer Lingus, to 'starting a side hustle' now known as Tipple - How fond memories of his childhood in Tullamore influenced an expression in booze - How building infrastructure for the alcohol industry led to winning the RFP and getting their first billion-dollar customer - The aftermath of winning the SaaStock 2023 Pitch Competition; "inbound from VC's just went nuts" - Their strategy for winning customers; including market education and balancing inbound & outbound and more.Check out the other ways SaaStock is serving SaaS founders

Welcome, dear friends and listeners, Today, we continue elaborating on the topic of #threatofentry - one of the forces in the #5forces framework by #Porter. We talk about the next driver - a factor that can increase or decrease the threat of someone joining your market. We talk about the #economiesofscale. Enjoy the examples, share yours in the comment section, and subscribe - it does matter!   Best Eugene (Yevgen)

This is a company that you'll come into contact with perhaps on a day to day basis.  Make a guess - if you're thinking along the lines of ride hailing apps - you're on the right track! Established back in 2010, our guest is Southeast Asia's ride hailing giant and leading on-demand platform Gojek.   Fun fact here, the firm actually started out as a call centre focusing on courier and motorcycle ride-hailing services in the early 2010s before launching its app in January 2015 in Indonesia.  Fast forward to today, the firm provides access to a wide range of services including transportation, food delivery and logistics, with the aim to use technology to remove life's daily frictions.  It now operates in markets including Indonesia, Vietnam and Singapore with over 2.5 million driver partners across the region.  Gojek's parent company GoTo Group reported that it turned EBITDA positive in the fourth quarter of the financial year ended 2023, even as the full year's net loss widened by over 120%. But how far did Gojek Singapore contribute to the group's performance?  Also – how does Gojek Singapore assess its path to profitability in looking ahead with Q1 2024's figures just in?  Meanwhile, the firm recently announced a partnership with taxi operator ComfortDelGro that it will dispatch rides not taken up by drivers to each other's platform.  But how far will the collaboration bolster Gojek's financials and help it increase customer retention with the shortage of drivers being a perennial issue within the industry here in Singapore?  On Under the Radar, The Evening Runway's finance presenter Chua Tian Tian posed these questions to Lien Choong Luen, General Manager, Gojek Singapore.See omnystudio.com/listener for privacy information.

This is a finance term, we will not be trying to explain finance in this episode because as everyone knows we are not experts in this subject. Rather we are going to explore how the idea of economies of scale informs other facets of our lives inside and outside of business. Economies of scale primarily refers to the connection between the costs of production as a company grows. In layman's terms this is the advantage that you or a company may have by increasing production. If we are planning for success which we always should be we have to be looking down the road a little bit to see what's on the horizon.    If we are lucky enough to see that we are going to have to increase production efficiency in order to continue growing at the rate that we want to, then we have achieved economies of scale. As we grow, someone who has been there before is used to producing at a higher clip than you are. This could be as simple as balancing work and family, like a parent with ten years experience. This could be something like completing a homework assignment much quicker due to more resources than yourself. The worst thing that could happen is output goes up but average costs per unit does as well.    To avoid diseconomies of scale in our lives we have to work on communicating early and often. If others around us know that we are growing and thus need help, have less time etc. it makes them aware of your change in behavior. We must also trust in others around us to help carry the weight as production increases. Ultimately you are one person and your limits do exist. By trusting the people around us this drives average cost per unit down in our life as a whole. With another set of hands we are able to move quicker, faster and farther than we ever would have been able to by ourselves.  

Economies of scale are cost advantages reaped by companies when production becomes efficient. Companies can achieve economies of scale by increasing production and lowering costs. This happens because costs are spread over a larger number of goods. Costs can be both fixed and variable.The business size generally matters when it comes to economies of scale. The larger the business, the more the cost savings. Economies of scale can be both internal and external. Internal economies of scale are based on management decisions, while external ones have to do with outside factors. Internal functions include accounting, information technology, and marketing, which are also considered operational efficiencies and synergies.Become a supporter of this podcast: https://www.spreaker.com/podcast/investment-terms--4432332/support.

Still using a softener ahead of the RO? Mike Urbans and Allan Horner of Impact Water Products discuss how and when to use anti-scalant chemical feed in place of water softeners.  Show Notes with Stenner Specs, Costs & Antiscalant Math

James Krellenstein is a physicist, consultant and nuclear energy historian. He is currently employed as a senior advisor to Global Health Strategies. He started up their decarbonization practice with an emphasis on nuclear energy along with renewables. He was the lead author on GEH's report on ways to reduce global dependence on Russia for necessary...

Over the next four episodes, we will use the latest deal announcements to better understand why M&A happens. We will look at textbook (and non-textbook) deal rationale for acquiring, and selling, which will help you nail interviews and assessment centres.Each week we will look at three key reasons why a company might go on the hunt for acquisitions, and one reason why a company might be ready to sell.In the first episode of the series, we will be looking at Economies of Scale and Reacting to Competition – using Shein's acquisition of Missguided and Google's $2bn investment in AI company Anthropic. We will also be looking at the recent wave of mega deals in the Oil and Gas sector to see how the weight of cold-hard cash acts as a reason to go out and find some acquisitions.Finally, we will be using Intel and Blackberry to discuss the logic of spinoffs and the rationale behind selling the family silver.Sign up for the free M&A Finance Accelerator Simulation https://amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.

Welcome to The Nonlinear Library, where we use Text-to-Speech software to convert the best writing from the Rationalist and EA communities into audio. This is: Memory bandwidth constraints imply economies of scale in AI inference, published by Ege Erdil on September 17, 2023 on LessWrong. Contemporary GPUs often have very imbalanced memory vs arithmetic operation capabilities. For instance, an H100 can do around 3e15 8-bit FLOP/s, but the speed at which information can move between the cores and the GPU memory is only 3 TB/s. As 8 bits = 1 byte, there is a mismatch of three orders of magnitude between the arithmetic operation capabilities of the GPU and its memory bandwidth. This imbalance ends up substantially lowering the utilization rate of ML hardware when batch sizes are small. For instance, suppose we have a model parametrized by 1.6 trillion 8-bit floating point numbers. To just fit the parameters of the model onto the GPUs, we'll need at least 20 H100s, as each H100 has a VRAM of 80 GB. Suppose we split our model into 20 layers and use 20-way tensor parallelism: this means that we slice the parameters of the model "vertically", such that the first GPU holds the first 5% of the parameters in every layer, the second GPU holds the second 5%, et cetera. This sounds good, but now think of what happens when we try to run this model. In this case, roughly speaking, each parameter comes with one addition and one multiplication operation, so we do around 3.2 trillion arithmetic operations in one forward pass. As each H100 does 3e15 8-bit FLOP/s and we have 20 of them running tensor parallel, we can do this in a mere ~ 0.05 milliseconds. However, each parameter also has to be read into memory, and here our total memory bandwidth is only 60 TB/s, meaning for a model of size 1.6 TB we must spend (1.6 TB)/(60 TB/s) ~= 27 ms just because of the memory bottlenecks! This bottlenecks inference and we end up with an abysmal utilization rate of approximately (0.05 ms)/(27 ms) ~= 0.2%. This becomes even worse when we also take in inter-GPU communication costs into account, which would be at around 1 TB/s if the GPUs are using NVLink. Well, this is not very good. Most of our arithmetic operation capability is being wasted because the ALUs spend most of their time idling and waiting for the parameters to be moved to the GPU cores. Can we somehow improve this? A crucial observation is that if getting the parameters to the GPU cores is the bottleneck, we want to somehow amortize this over many calls to the model. For instance, imagine we could move a batch of parameters to the cores and use them a thousand times before moving on to the next batch. This would do much to remedy the imbalance between memory read and compute times. If our model is an LLM, then unfortunately we cannot do this for a single user because text is generated serially: even though each token needs its own LLM call and so the user needs to make many calls to the model to generate text, we can't parallelize these calls because each future token call needs to know all the past tokens. This inherently serial nature of text generation makes it infeasible to improve the memory read and compute time balance if only a single user is being serviced by the model. However, things are different if we get to batch requests from multiple users together. For instance, suppose that our model is being asked to generate tokens by thousands of users at any given time. Then, we can parallelize these calls: every time we load some parameters onto the GPU cores, we perform the operations associated with those parameters for all user calls at once. This way, we amortize the reading cost of the parameters over many users, greatly improving our situation. Eventually this hits diminishing returns because we must also read the hidden state of each user's calls into GPU memory, but the hidden states are usually significantly smaller than the whole model, so parallelization still results in huge ...

Link to original articleWelcome to The Nonlinear Library, where we use Text-to-Speech software to convert the best writing from the Rationalist and EA communities into audio. This is: Memory bandwidth constraints imply economies of scale in AI inference, published by Ege Erdil on September 17, 2023 on LessWrong. Contemporary GPUs often have very imbalanced memory vs arithmetic operation capabilities. For instance, an H100 can do around 3e15 8-bit FLOP/s, but the speed at which information can move between the cores and the GPU memory is only 3 TB/s. As 8 bits = 1 byte, there is a mismatch of three orders of magnitude between the arithmetic operation capabilities of the GPU and its memory bandwidth. This imbalance ends up substantially lowering the utilization rate of ML hardware when batch sizes are small. For instance, suppose we have a model parametrized by 1.6 trillion 8-bit floating point numbers. To just fit the parameters of the model onto the GPUs, we'll need at least 20 H100s, as each H100 has a VRAM of 80 GB. Suppose we split our model into 20 layers and use 20-way tensor parallelism: this means that we slice the parameters of the model "vertically", such that the first GPU holds the first 5% of the parameters in every layer, the second GPU holds the second 5%, et cetera. This sounds good, but now think of what happens when we try to run this model. In this case, roughly speaking, each parameter comes with one addition and one multiplication operation, so we do around 3.2 trillion arithmetic operations in one forward pass. As each H100 does 3e15 8-bit FLOP/s and we have 20 of them running tensor parallel, we can do this in a mere ~ 0.05 milliseconds. However, each parameter also has to be read into memory, and here our total memory bandwidth is only 60 TB/s, meaning for a model of size 1.6 TB we must spend (1.6 TB)/(60 TB/s) ~= 27 ms just because of the memory bottlenecks! This bottlenecks inference and we end up with an abysmal utilization rate of approximately (0.05 ms)/(27 ms) ~= 0.2%. This becomes even worse when we also take in inter-GPU communication costs into account, which would be at around 1 TB/s if the GPUs are using NVLink. Well, this is not very good. Most of our arithmetic operation capability is being wasted because the ALUs spend most of their time idling and waiting for the parameters to be moved to the GPU cores. Can we somehow improve this? A crucial observation is that if getting the parameters to the GPU cores is the bottleneck, we want to somehow amortize this over many calls to the model. For instance, imagine we could move a batch of parameters to the cores and use them a thousand times before moving on to the next batch. This would do much to remedy the imbalance between memory read and compute times. If our model is an LLM, then unfortunately we cannot do this for a single user because text is generated serially: even though each token needs its own LLM call and so the user needs to make many calls to the model to generate text, we can't parallelize these calls because each future token call needs to know all the past tokens. This inherently serial nature of text generation makes it infeasible to improve the memory read and compute time balance if only a single user is being serviced by the model. However, things are different if we get to batch requests from multiple users together. For instance, suppose that our model is being asked to generate tokens by thousands of users at any given time. Then, we can parallelize these calls: every time we load some parameters onto the GPU cores, we perform the operations associated with those parameters for all user calls at once. This way, we amortize the reading cost of the parameters over many users, greatly improving our situation. Eventually this hits diminishing returns because we must also read the hidden state of each user's calls into GPU memory, but the hidden states are usually significantly smaller than the whole model, so parallelization still results in huge ...

Economies of scale don't just apply to big companies but can also be relevant to small businesses and even freelance instructors. Are you working with or against economies of scale in your work?

I am thrilled to announce our latest episode of the AZREIA Show, all about multifamily real estate investing. Whether you're just starting out or looking to make the jump from single-family to multifamily, this episode is packed with valuable insights and advice from our guest, Jose Miller. Jose shares his background in aerospace engineering and how he balances his W-2 job with his real estate investing. He also talks about the importance of asking the right questions and understanding the operators when investing in multifamily properties. This episode is packed with valuable insights for anyone interested in multifamily investing. So check it out, and as always, keep taking massive action! Key Takeaways:  1. Due diligence is crucial. Our guest, Jose, emphasized the importance of thoroughly researching a potential investment before putting any money into it. This includes analyzing the property's financials, market trends, and potential risks. If someone isn't willing to do this level of due diligence, it's a red flag. 2. Raising money requires building trust. Jose also shared his tips for raising capital, which involve talking about your track record and experience in the market, stress testing your analysis, and understanding the pain points of potential investors. Building trust is key to getting people to invest in your deals. 3. Multifamily can be a great step up from single family. If you're interested in moving from single-family investing to multifamily, this episode is a great listen. Jose shared his own journey from single-family to multifamily and talked about the benefits of investing in larger properties.   Show notes: [00:03:31] Tax law and real estate.  [00:07:26] Discrimination and rental income.  [00:09:14] Multifamily real estate investing.  [00:12:15] Multifamily investment returns.  [00:18:12] Bank lending for multifamily. [00:20:45] Competing in real estate investing.  [00:23:27] Partners and Full Recourse Loans.  [00:29:26] Breaking into multifamily.  [00:30:53] Investing in Multifamily Real Estate.   If you're interested in learning more about multifamily investing, this is the episode for you. And if you're in the Phoenix area, don't miss the opportunity to meet Jose in person at our upcoming event on June 12th, 13th, and 17th. Register at https://azreia.org/calendar/ Connect with Jose Miller at:  jose@GeocentricInvestments.com ---- The Arizona Real Estate Investors Association provides its members the education, market information, support, and networking opportunities that will further the member's ability to successfully invest in Real Estate. Join AZREIA here. Is a Career in Real Estate Right For You? Take AZREIA's Real Estate Investing Entrepreneurial Self-Assessment at  

⚖ Economies of ScaleBuzzword incoming: scalability. The ability of your business to increase output to lower costs of production and increase profits. Sounds enviable, right? But how do you go about it as an often one-man (or woman)-band? Here are 5 tips we've thought of that may help you scale to higher margins and less work:

Umaimah Mendhro is the Founder of VIDA, a global platform offering unique, sustainable, and beautifully design-driven products that aim to positively impact people's lives and overall well-being. Umaimah grew up in rural Pakistan and Saudi Arabia - with no access to formal education most of her life - but a deep passion for design and art and a drive to make a difference in the world. She paved her way to Cornell University and later Harvard Business School, and built a career in technology, working with a highly select portfolio of game-changing tech companies and managing and growing million dollar businesses. Umaimah is also the Founder of thedreamfly.org, a global initiative connecting communities in conflict around common causes with presence across four countries touching over 5,000 lives. dreamfly kickstarts seed initiatives that are 100% financially sustainable within one year.Currently, Umaimah is the Founder and President of One League, a global education institution connecting the world's highest potential talent with the world's best opportunities by offering an Ivy League Plus quality education, irrespective of financial means. Umaimah has an MBA from Harvard Business School, where she was a Baker Scholar, and a BSc from Cornell University in Human Development with coursework in Computer Science.In This Conversation We Discuss:[00:00] Intro[01:04] The types of products Vida brings to market[02:15] The idea of VIDA goes way back[02:56] Creating her own products initially[03:58] Noticing the divide between creators and brands[05:04] The impetus of VIDA[06:16] How Umaimah got started with VIDA[08:25] How VIDA achieved product-market fit[10:01] How VIDA takes advantage of economies of scale[11:34] Sponsor: Electric Eye electriceye.io/connect[12:30] Sponsor: JSON-LD for SEO jsonld.app[14:15] How VIDA does “digital manufacturing”[15:02] Getting customers for VIDA's designers[15:55] COVID affecting VIDA's manufacturing process[18:25] VIDA pivoting to health care because of COVID[19:30] Other health-related products developed during COVID[21:25] How VIDA products evolved over time[22:45] Investing in education and empowermentResources:Subscribe to Honest Ecommerce on YoutubeA collaboration between designers and makers around the world that brings original, inspiring apparel and accessories to you - creating beauty every step of the way shopvida.comConnect with Umaimah linkedin.com/in/umaimahTake the first step towards Shopify success electriceye.io/connectGet your free structured data audit for your store jsonld.appIf you're enjoying the show, we'd love it if you left Honest Ecommerce a review on Apple Podcasts. It makes a huge impact on the success of the podcast, and we love reading every one of your reviews!

Rock Stevens, Director of Business Development at the Strategic Insurance Group, joins me in a discussion about the current multifamily insurance market and how to obtain lower insurance premiums through a master insurance policy. The Strategic Insurance Group is a multifamily real estate insurance firm focused exclusively on the 100+ unit multifamily market. The firm offers a free instant quote tool so you can get insurance premium quotes in seconds. Massive insurance savings will lower your expenses, increase your NOI, and drive-up property value! Rock will talk about how a master policy works and what the benefits are of having multiple locations on one policy. We also discuss how insurance companies determine the premiums for multifamily real estate properties, which factors can impact the premium, the current hard market situation caused by a $60 billion shortfall in the reinsurance market, and how multifamily owners can ensure that they're getting the best possible coverage at the most affordable price. If you would like to get in touch with Rock or want to get a free instant quote for all your properties, please visit https://strategicinsurer.com/

Economies of Scale Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Economies of scale is an economic principle in which the costs of delivering a product go down as the volume goes up. Over the life of a product, the cost per unit should decrease. For startups, this means the cost to build your product should go down as you ramp up sales. Economies of scale can come from a reduced cost of materials as the startup purchases higher volumes.  It can also come from deploying technology tools and spreading that cost over more units or customers. There are also financial benefits.  As the startup grows larger it can raise funding or take on loans at a lower rate. Economies of scale can help the company grow to a larger size. It can also help increase profits.  Customers should see lower prices and better products. Employees should see higher wages. It's important to plan for economies of scale and build it into the business model.    Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let's go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at:   Check out our other podcasts here:   For Investors check out:   For Startups check out:   For eGuides check out:   For upcoming Events, check out    For Feedback please contact info@tencapital.group    Please , share, and leave a review. Music courtesy of .  

In episode #17, Sam (@notsamcrane) and Maseo (@maseojagat) talk about how you can make money as a shopping cart ninja, how Spirit Halloween makes billions as a seasonal store, the economies of scale, how to get free stuff for school dances, and more.Want to follow us? We are @teenfinancepod on all socials. Want to talk to us on discord, email, etc? Check out our website.TEEN FINANCE with Sam Crane (@notsamcrane) and Maseo Jagat (@maseojagat) is the go-to podcast for teen entrepreneurs looking to expand their business and finance knowledge in a fun and entertaining way. It's also home to the world-famous MINNOW TANK segment where Sam, Maseo, and guests pitch their serious, and not-so-serious, business ideas.

While NASA tests its Space Launch System to usher in a new age of human space exploration, testing whether Space-Based Solar Power can deliver an era of net-zero electricity, affordably, to the U.S. consumer energy market is being left up to the commercial sector. Laura Winter speaks with Ed Tate, Co-Founder and CTO of Virtus Solis, whose journey to SBSP started at General Motors, where he worked on the EV-1, the first mass-produced electric vehicle.

In this week's episode of the KCREatingwealth Podcast, we get the great pleasure to chat with Ryan Emrich! This week's guest on the show is incredibly inspiring, and making large strides in the real estate investing world. Ryan is an impressive local investor with an awesome story! In the final part of this 2 PART interview, we get a chance to chat about more sweet topics! In this episode we chat about how important it is to learn from your failures, maintaining forward progress, economies of scale, and so much more! Check him out here! Instagram: @Ryanremrich Tiktok: @Flyryrealestateguy Company links: Linkedin: @Blue Canyon Equity Partners Follow me on social! Instagram: @Kylecurtinrealestate , @KCREatingwealth Facebook: @Kylecurtinrealestate Linkedin: Kyle Curtin Biggerpockets: Kyle Curtin What equipment do I use? Blue Snowball Usb Microphone (Brushed Aluminum)- https://amzn.to/339GEyY EJT Upgraded Microphone Pop Filter- https://amzn.to/3h9ajxj Music: Straight Through by Groove Bakery | https://groovebakery.com Music promoted by https://www.free-stock-music.com Attribution-NoDerivatives 4.0 International (CC BY-ND 4.0) https://creativecommons.org/licenses/by-nd/4.0/ DISCLAIMER: I or any guests being interviewed on “The KCREatingwealth Podcast” are not responsible for any investment decisions that you make or capital losses incurred. We are not licensed tax professionals or any form of wealth advisors unless particular guest happens to be as such, and all investment decisions should not be made without receiving advice from a licensed professional. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Creating your own economy of scale is a potential path to riches. Agency owners, platform/app creators, and network marketers fall into this bucket.For those that are succeeding in building online service- or client-based empires, they're using arbitrage, networks, and leverage mixed together in slightly different ways. There's three distinct models I've identified as to how the "real ones" are doing it. They include: Leveraged Info Arbitrage, Automated Services, and Owned Economies of Scale.In PT III of this mini series, I'll explain how ambitious or technical-minded entrepreneurs are creating their own networked business that goes beyond a linear model and instead uses a non-linear structure to exponentially amplify potential for scale.➤ Rate, review & share this episode if you found value — everything helps! Questions or comments? Email me at michaeljoelbecker@gmail.com. Schedule your consult call for coaching: https://bit.ly/meetwithmichaelb. Hosted on Acast. See acast.com/privacy for more information.

In this Episode we analyze the biggest problem facing African Industry: Economies of scale.

This week's podcast is about economies of scale - and why it is still the standard strategy. Especially in specialized areas and niche markets.You can listen to this podcast here or at iTunes and Google Podcasts.-----Related articles:Why I Really Like Amazon's Strategy, Despite the Crap Consumer Experience (US-Asia Tech Strategy – Daily Article)3 Big Questions for GoTo (Gojek + Tokopedia) Going Forward (2 of 2)(Winning Tech Strategy – Daily Article)From the Concept Library, concepts for this article are:Economies of ScaleEconomies of Scale - CA11 Fixed Operating and Capital CostsFrom the Company Library, companies for this article are:n/a-----I write, speak and consult about digital strategy and transformation.My book Moats and Marathons details how to measure competitive advantage in digital businesses.I also host Tech Strategy, a podcast and subscription newsletter on the strategies of the best digital companies in the US, China and Asia.This content (articles, podcasts, website info) is not investment advice. The information and opinions from me and any guests may be incorrect. The numbers and information may be wrong. The views expressed may no longer be relevant or accurate. Investing is risky. Do your own research.Support the show

Wal-Mart vs a local market, who is likely going to have lower prices on comparable products? Wal-Mart. But why? One answer comes from the economic principle of "economies of scale". Learn what economy of scale means as well as how it makes going bigger better in this episode.Follow us on Instagram, Tiktok, Twitter: @moneyvisionu

Today I chatted with Christopher Salerno, from QC Capital.Chris Salerno is an entrepreneur and investment manager with a history of success in building and rebuilding profitable businesses. Mr. Salerno found early success in the residential brokerage space where he successfully transacted over $40 million in sales and helped lead the #1 real estate team in the Carolinas to produce more than $140mm in annual volume. In 2019, Mr. Salerno founded QC Capital and has since acquired over $100M in commercial real estate assets across the United States. As CEO, Mr. Salerno oversees all business operations and is responsible for the firm's overall direction and strategy. Named to Charlotte's 30 under 30, Elite 50, Elite 50 entrepreneurs, 30 under 30 entrepreneurs, and nominated for Forbes 30 under 30, Mr. Salerno has quickly gained recognition, and notoriety for his hard work, and dedication. Episode Spotlights-Single-family prices will increase multifamily occupancy - Preparing for the rainy day- Affordability from the tenant's perspectiveBook Recommendations- The Upside of Stress - Think and Grow Rich- Living a life of awarenessConnect with Chris:Linkedin: https://www.linkedin.com/in/salerno2/Website: https://www.qccapitalgroup.com/Grab your freebie - Tips for Multifamily Investing at www.ushacapital.comFound this episode insightful? Show us some love by spreading the word on social media or  rating and reviewing the show here - https://podcasts.apple.com/us/podcast/multifamily-ap360/id1522097213Follow Rama on socials!LinkedIn | Meta | Twitter | InstagramConnect to Rama KrishnaE-mail: info@ushacapital.comWebsite: www.ushacapital.com

Omar Jorge was born into a family of entrepreneurs with Dominican Republic roots who owned supermarkets in New York. He started actively working in the grocery stores in his early teens. He seemed destined to be in the family business. But as he grew older, he thought the way he could best serve the family business & his community would be through law. So, he left the supermarket business at age 20 to go to law school & became an attorney. Even in law school, his entrepreneurial DNA & love for the supermarket business couldn't be suppressed. He was one of the first website developers for supermarkets in the late 1990s. Little did he know that he'd leave his law practice at age 28, leave his community in New York, move to Charlotte, NC & serve a new community as Chairman of Aurora Grocery Group & CEO of Compare Foods Charlotte. Omar created Aurora Grocery Group, a shared services company, to serve 25 supermarkets. The model Omar oversees with Aurora is to maximize the economies of scale by serving 25 locations instead of each business having to fend for themselves individually. Be sure to check out Aurora and Compare in the links above, and connect with Omar on LinkedIn.

What does it mean to scale or partner with people continuously growing on a more significant level? Live from the Inside Self-Storage (ISS) World Expo 2022 in Las Vegas, Herby Bowman joins us in our booth to briefly talk about Store Space's journey and success stories. Scalability is the theme, and we got you covered.WHAT TO LISTEN FORNon-traditional ways of structuring dealsStore Space's value proposition in the marketThe entrepreneurial side of self-storageNext-level play, geography wise The importance of delegation and focusing on one's strengthsRESOURCES/LINKS MENTIONEDChis Harris https://www.linkedin.com/in/harrisstorespace/Rob Consalvo https://www.linkedin.com/in/rob-consalvo-16a7474/iStorage https://www.istorage.com/ABOUT HERBY BOWMANHerby has been successfully growing brands for decades. In the mid-'90s working with hospitality brands like Days Inn, Howard Johnson, Ramada, and more recently with Choice Hotels' brands. He has had success in many areas. He has closed well over 100 hotel deals with brands like Comfort Inn & Suites, Days Inn, Sleep Inn, MainStay Suites, and Suburban Extended Stay Hotels and has helped these systems grow into the ubiquitous names they are today. June 2019 brought new challenges in the self-storage sector, promoting Public Storage's newly created Third Party Management Platform. In late 2021, he joined Store Space Self Storage to guide their growth and development efforts.  Since graduating from the University of Tulsa in 1991, he has flourished in brand development and product promotion. Beginning his career at Sysco Foods, he quickly moved into hospitality product sales, working for Guest Supply. While at Guest Supply, he led the charge to build the amenity program for Guest House International. After a stint in Franchise Development with HFS (now Wyndham), the world of pharmaceuticals beckoned. He spent several years promoting brands for Johnson & Johnson, Bayer, and Roche. Before returning to Franchise Development, he earned the coveted “CMR,”  Missing the art of the large deal, he then transitioned back into the realm of Hospitality Franchise Development. Working with Choice Hotels International since late in 2007, I earned six consecutive President's Club Trophies and was awarded two prestigious “Deal of the Year” awards. Currently, he is Store Space Self Storage's Vice President of Strategic Partnerships.CONNECT WITH HERBYWebsite: https://www.storespace.com/LinkedIn: https://www.linkedin.com/in/herbebowmanjr/Email: hbowman@storespace.com CONNECT WITH USWebsite: https://www.selfstorageinvesting.com/Facebook: https://www.facebook.com/selfstorageinvestingTwitter: https://twitter.com/SelfStorageGuyLinkedIn: https://www.linkedin.com/in/scottameyers/Youtube: https://www.youtube.com/user/SelfStorageInvestingInstagram: https://www.instagram.com/self_storage_investing/

There are many benefits to investing in multifamily properties, whether you're just starting out in your investing career or you're a seasoned investor. In today's episode, Steven dives into two of the biggest benefits - you're not gonna want to miss this!Key TakeawaysMultifamily investment properties offer several benefits over single-family propertiesYou can spread (reduce) risk with more units (single-family vs. 100-units for example)It's super important to work with an operator (or active partner) who has experienceBanks view multifamily assets as more secure

Jason and his wife were running around like crazy helping his father with the business, while at the same time flipping houses. They realized that to get to where they want to be they needed to scale and grow faster. They learned about syndicating multi-family deals and jumped right in. In just a few years they achieved impressive and motivational success. 12 syndications with 2-3 more in the pipe! Jason Yarusi is the founder of Yarusi Holdings with his wife Pili. They have over $75M in AUM across over 1000 Multifamily Units. He also hosts the Multifamily Live Podcast and trains others on the success formula to buying apartment buildings. Beyond real estate Jason now lives in Tennessee and spends his time with his wife Pili and 3 young kiddos Luke Lily and Leo and is an avid ultra marathon runner and workout enthusiast.

  David Bloom, Capriotti's and Wing Zone's Chief Operations and Development Officer  Two great brands, each primed for accelerated growth, with a Chief Development/Operations Officer that knows how to get it done.  David Bloom delivers, for both brands and their prospective and existing franchisees. David oversees all aspects of franchise development, operations and training. His background includes senior leadership positions in a variety of high growth franchise brands. His early career in the franchise industry began as a multi-unit franchisee and included such milestones as serving as Senior Vice President of Brand Expansion for Quiznos, growing it from a small regional brand to opening over 5,000 locations in 28 countries. In subsequent senior roles, he was responsible for the rapid growth of numerous enterprises, including Clockwork Home Services, which has system-wide revenues in excess of $2.5 billion; Bridge International Academies based in Nairobi, Kenya, which has schools throughout Africa and India; and Famous Brands International, which has approximately 900 franchised locations in over 30 countries

In today's episode, we are honored to have Jonathan Barr. Jonathan Barr started his Real Estate career during the 2009 recession. He has been involved in the acquisitions of over 400 residential flips in the competitive Los Angeles market. During that time he was also involved in ground-up developments and repositioning multifamily buildings. During that 10 year period, 22 million in profits were created with an average yearly return of 38%.  For today's episode we will cover: [00:00-4:19] Opening SegmentGet to know Jonathan BarrJonathan's background and introduction into the multifamily space[4:20-8:13] Working with multiple strategies and systems on acquiring deals (CUT 8:13-8:15:16)Cody shares his opinion about wholesalers and flippers deserve a lot of respect Jonathan shares about L.A.'s rent control and his lightbulb moment in Kansas City.[12:37-15:29] Letting brokers see you as a player in your market.Another aspect of developing relationships.Similar skill sets that a person in health care and a person in multi family syndication have.Letting all the brokers know you bought something.[15:29-20:50] Jonathan's tips and ways that give them competitive advantages.Cody shares a tip on adding all their brokers on their newsletter.Their long term approach.Avoiding more value add stuff.Having the ability to do rent bumps and other efficiencies.[20:50-27:02] Giving back to the community as a real estate investor.Jonathan shares one of their potential secret weapons.How being a real estate investor can give back to the community.[27:02-36:31] Looking at the quality over quantity when investing.How retails and creative spaces are changing.How they're conditioning their database on multifamily.How to attract a long term 7-10 year investor.Investors should be aware and cautious and network with guys like Jonathan who focuses on quality over quantity.[36:31-38:35] Having the experience and mindset to be prepared for a possible market crash.Jonathan shares about his parents' experience when they got hit pretty hard during the last recession.One way new investors should look at when they want to start investing.[38:35-43:02] Closing SegmentWhat Jonathan would do for his continued education to further his investing.Some of the last things that Jonathan learned in his journey.Jonathan's advice to the listeners to grow your business.Tweetable Quotes: "Just being active in the space and people knowing that you work in the market, sometimes they'll bring you deals that way." - Jonathan BarrConnect with Jonathan Barr if you want to start your Real Estate journey! Just type @JB2investments on twitter, or you can visit him on his website https://www.jb2investments.com/SUBSCRIBE & LEAVE A 5-START REVIEW as we create a lifetime of wealth and financial freedom through multifamily investing!    Invest with us! Check out Blue Oak Investments  Cody on LinkedIn, Facebook, and Instagram John on LinkedIn and Facebook Brian on LinkedIn and Facebook 

Economies of scale are what big businesses use to increase profits. Did you know that you can do the same thing? How? Listen here. But remember, like most things, implementation is simple, but not easy.

หนึ่งในคำศัพท์ที่มีการพูดกันบ่อย ๆ ในแวดวงธุรกิจและการตลาดคือ Economies of Scale - การประหยัดต่อขนาด มันคืออะไร? มาเข้าใจแบบง่าย ๆ กันนะครับ

In this episode, we discuss the healthcare business model of Aravind eye hospital with the Chief medical officer in Chennai, Dr S Aravind. We explore the economies of scale and scalability of their operations in other countries and how they have continued to build a patient centred ecosystem around their Organisation.  Dr. Aravind Srinivasan graduated in medicine from PSG Institute of Medical Sciences, Coimbatore in 1992 and completed his residency in ophthalmology leading to Masters in Ophthalmology from Aravind Eye Hospital and Postgraduate Institute of Ophthalmology in 1996. Having worked in the medical field, he had a passion for management. In 2000, he did his MBA with specialization in Strategy from the University of Michigan, Ann Arbor, USA. After MBA, he took over as the Administrator of Aravind Eye Care System and was instrumental in bringing changes to the various facets of the organization. From 2011, he is serving the organization in the role of Director-Projects of Aravind Eye Care System. He is in the Board of GOVEL Trust that runs the Aravind Eye Hospitals. From September 2017, he is leading the Aravind Eye Hospital Chennai as its Chief Medical Officer.

Web Novel Site : https://www.reddit.com/r/HFY/wiki/authors/AgroSquerril  If You enjoyed consider leaving a Tip : https://www.paypal.me/agrosquerril  OR Patreon : https://www.patreon.com/agrosquerrils    {TimeStamps} 00:00 Intro 00:36 We Surrender and  09:09 Economies of Scale   Check Out the Podcasts!   Greetings Ladies and Mentlegents and welcome to my channel where I like to make LEGAL Audiobooks of various types from web novels and short stories. If you are new to the channel then click on the information icon for the entire playlist to help get you up to current faster. This Oneshot was Taken from the HFY subreddit which hosts mostly Sci-Fi based short stories called oneshots and series. As Always i hope you enjoy and can find some content on my channel you like. Feel free to recommend a series or a story and i will have a look into it. Email : Agrosquerrils@gmail.com  Twitter : https://twitter.com/agrosquerrils  Streamlabs : https://streamlabs.com/agrosquerrils  Discord : https://discord.gg/XeMwEqX  All Donation are welcome and much appreciated. Thank you all for listening and your support.   Youtube Playlist https://www.youtube.com/playlist?list=PLcfzFNUhrNS0-gdyOWx2JEqL14UrG6TTd  

Web Novel Site : https://www.reddit.com/r/HFY/wiki/authors/AgroSquerril  If You enjoyed consider leaving a Tip : https://www.paypal.me/agrosquerril  OR Patreon : https://www.patreon.com/agrosquerrils    {TimeStamps} 00:00 Intro 00:36 Large Scale Engineering  08:25 Economies of Scale   Check Out the Podcasts!   Greetings Ladies and Mentlegents and welcome to my channel where I like to make LEGAL Audiobooks of various types from web novels and short stories. If you are new to the channel then click on the information icon for the entire playlist to help get you up to current faster. This Oneshot was Taken from the HFY subreddit which hosts mostly Sci-Fi based short stories called oneshots and series. As Always i hope you enjoy and can find some content on my channel you like. Feel free to recommend a series or a story and i will have a look into it. Email : Agrosquerrils@gmail.com  Twitter : https://twitter.com/agrosquerrils  Streamlabs : https://streamlabs.com/agrosquerrils  Discord : https://discord.gg/XeMwEqX  All Donation are welcome and much appreciated. Thank you all for listening and your support.   Youtube Playlist https://www.youtube.com/playlist?list=PLcfzFNUhrNS0-gdyOWx2JEqL14UrG6TTd  

Host TC Riley welcomed fellow Marketscale team member David Hidinger to discuss the data behind economies of scale. They looked at two unique use cases, beer and Girl Scout cookies.First, Hidinger defined economies of scale. “The concept is that when an industry or firm grows larger, it receives benefits based on its size.”Those benefits can hit almost every aspect of business, from lower prices for ingredients purchased in bulk to efficiency improvements. To simplify it, Hidinger said, “It's why you go to Sam's Club versus Walmart.”Next, the two discussed beer and breweries. The data shows that macro breweries have shrunk significantly from 1975 to 2019, mainly due to consolidation. On the other hand, microbreweries have exploded in growth. However, they really aren't direct competitors.Riley said, “With macro breweries, it's basically the same beer, so it's branding and price that drives the purchase.”Microbreweries aren't trying to sell or produce at a large volume, so they don't benefit from economies of scale. They compete on flavor, options, and brand identity. Macro brewers do, but that also means they can't pivot to a new product without assurance they'll sell enough to cover their investment.Girl Scout cookies have a unique production and distribution. This industry also saw consolidation from 29 bakeries to only two. So, why do troops in the same geographic area have different cookies? “Regional councils each choose the bakery the contract with and negotiate separately based on volume,” Riley answered.The volume of those councils has only data from their region, so forecasting isn't always accurate. It could be more so if they had a larger data pool. However, they are selling $800 million in cookies each year, at around $5 a box. They probably aren't leaning into scale as much because it's a philanthropic model, not a profit-centered one.

From investor to property manager, Mike Bonadies took his landlording experience and created an additional income stream and made economies of scale for himself and his clients. Mike has gone from ZERO properties to dozens of his own and hundreds under management in his Property Management company Terravestra in just a few years. Mike doesn't hold back in sharing his story on how he found his niche, grew it, and then found leverage through property management serving investors with a similar IPA.In this episode we chatted about:How Mike found his investing NicheHow Mike thrives in C and D-Class NeighborhoodsThe Risks Around Investing during COVID-19For more info and links mentioned in this week's episode head over to bonniegalam.com/13

Why do economies of scale matter so much in medical billing when it comes to hard to collect claims? Shouldn't it just be that it is a question of hard work, being detailed and thorough, and having good billers?

Email colinongts@hotmail.com --- Send in a voice message: https://anchor.fm/colin-ong/message

Although Costco didn’t invest the wholesale concept, one might think that they have perfected it. One of only a few companies able to compete with Walmart’s Sam’s Club, Costco focuses on providing quality products to people at very low prices, and they do it by selling in bulk with a “no frills” approach.In today's episode we cover the history, business model, financials, and future outlook of Costco. Let’s connect! Instagram: @stockstorytellerTwitter: @stckstrytellerEmail: alex@stockstoriespodcast.com.

This week’s podcast is more on the well-known 7 Powers framework by Hamilton Helmer. I go through three of his 7 powers.You can listen to this podcast here or at iTunes, Google Podcasts and Himalaya.His fundamental equation of value is:Value = M0*g*s*m = market scale * powerM0 is Market at time zero. g is growth. This is about targeting big and growing market opportunities.S is long-term persistent market share. How much of it you haveM is long term persistent margins. (operational margins after cost of capital)You can also do potential value = market scale * power.His break-down of economies of scale is:Fixed costsDistribution network densityLearning Economies (don't agree)Purchasing EconomiesVolume / area relationships (cool but I never use this)His break-down of switching costs is:Financial switching costsProcedural switching costsRelational switching costsI also cited the 4 terrains from BCG: See hereRelated podcasts and articles are:4 Problems with Hamilton Helmer’s 7 Powers (Jeff’s Asia Tech Class – Podcast 62)From the Concept Library, concepts for this article are:Competitive Advantage: Economies of ScaleSurplus Margin LeaderCompetitive Advantage: Switching CostsCounter-PositioningFrom the Company Library, companies for this article are:None This is part of Learning Goals: Level 4, with a focus on:15: Didi and Switching Costs—–I write and speak about digital China and Asia’s latest tech trends.I also run Jeff’s Asia Tech Class, a podcast and subscription newsletter on the strategies of China / Asia tech companies.This content (articles, podcasts, website info) is not investment advice. The information and opinions from me and any guests may be incorrect. The numbers and information may be wrong. The views expressed may no longer be relevant or accurate. Investing is risky. Do your own research.Support the show (https://jefftowson.com)

We haven’t seen widespread adoption of alternative energy because, for many decades, energy generated from fossil fuels was cheaper. As with any technology, as time progressed, superior technologies evolved. Also, as time progressed, demand for alternative energy increased, resulting in economies of scale. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits Federal Reserve Database https://fred.stlouisfed.org/series/LES1252881600Q#0 https://fred.stlouisfed.org/series/COMPRNFB#0 Jeff Bezos: Richest Person in the World https://www.npr.org/2020/12/10/944620768/theres-rich-and-theres-jeff-bezos-rich-meet-the-members-of-the-100-billion-club The Richest People Who Ever Lived https://www.finance-monthly.com/2019/02/who-is-the-richest-person-that-ever-lived/ Average Person Spends 44 Years Looking at Devices https://www.studyfinds.org/screen-zombies-average-person-spends-44-years-looking-at-devices/ Foolishness of the Week Secret Witness https://thehill.com/homenews/news/531668-washington-post-identifies-powells-secret-witness-as-pro-trump-podcaster Topic of the Weekhttps://www.cmu.edu/epp/people/faculty/lynne-kiesling.html https://ourworldindata.org/cheap-renewables-growth https://www.researchgate.net/publication/286674124_Deregulation_innovation_and_market_liberalization_Electricity_regulation_in_a_continually_evolving_environment Join the Conversation Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ Let Us Know What You Think mailto:wordsandnumberspodcast@gmail.com Antony Davies on Twitter https://twitter.com/antonydavies James R. Harrigan on Twitter https://twitter.com/JamesRHarrigan

http://livingbeatitudes.org/sites/lbc/files/homilies/2020%20Homilies/Homily%2020200920%20%28DebbyS%29.mp3

Last episode we discussed solving a problem, today we're discussing the next step, the journey and how to attack it.  Connect with me: Instagram → https://www.instagram.com/deemurthy Twitter → https://twitter.com/deemurthy LinkedIn → https://www.linkedin.com/in/dee-murthy-8a3557/ DeeTour is brought to you by The Menlo Club, get your first package valued at over $200 for only $60! Chinos, Button Down, Menlo Club sunglasses, New Republic Sneakers and no-show socks, this deal won't last long! Code "DEE2020" → https://bit.ly/3d6q0US

Neuroscience experts, practitioners, research, and methods for making brain-friendly organizations and healthy individuals. Listen to Mind Your Noodles! This is the 63rd episode of the Mind Your Noodles podcast. In this episode, we will discuss the myth of economies of scale. Sign-up for The 95 Method executive education program - free previews at Mind Your Noodles.com/free.

There's nothing wrong with investing in single family homes - but if you plan to continue growing your investment portfolio (or if you haven't started a portfolio yet!) you're going to want to take a few minutes and hear some of the huge benefits of investing in multifamily.  BIG TAKE-AWAYS: Multifamily investment properties offer several benefits over single-family propertiesYou can spread (reduce) risk with more units (single family vs. 100-units for example)It's super important to work with an operator (or active partner) who has experience Banks view multifamily assets as more secure Links: Instagram.com/steven.pesavento www.theinvestormindset.com/multifamily 

Hamilton Helmer is the Managing Partner & Chief Investment Officer @ Strategy Capital a long-only public equity fund that selects securities for investment based on Power Dynamics, a proprietary model of fundamental value, developed by Hamilton over decades of strategy consulting with clients such as Hewlett-Packard, Adobe and more. Hamilton is also the author of one of my favourite books, 7 Powers. If that was not enough, Hamilton is also an Instructor in the Economics Department @ Stanford University. In Today’s Episode You Will Learn: 1.) How Hamilton made his way into the world of investing from advising some of the largest tech titans on the planet with Adobe and HP? 2.) What is a strategy mental model? What makes the most effective strategic models? What characteristics do they have? How should founders balance between sticking to models and being willing to change them? What are Hamilton's biggest takeaways from working with Netflix? 3.) "All strategy begins with invention", what did Hamilton mean by this? How does Hamilton explain the success of copycats in markets? How does Hamilton separate between first mover and creator? How does Hamilton analyse the transition from startup to pricer with scale economics? 4.) How does Hamilton advise founders to view and approach competition? Why does Hamilton totally disagree with the requirement of being 10x better than your competition? Is product innovation alone enough without brand or business model innovation? 5.) How does Hamilton define "brand"? Is brand an attainable strategy alone or is it the byproduct of something else? How transferable is brand in one category to alternative categories? How does a brand truly know when they have sustainable leverage and power? Items Mentioned In Today’s Show: Hamilton’s Fave Book: The Road to Reality: A Complete Guide to the Laws of the Universe, Stardust As always you can follow Harry and The Twenty Minute VC on Twitter here! Likewise, you can follow Harry on Instagram here for mojito madness and all things 20VC.

Economies of scale drive business – the bigger an operation is, the lower fixed cost per unit of production. Take Smithfield – the bigger a pork production plant, the fewer people per slaughtered pig. The same with a ship –bigger ships mean lower operating costs per container. Greater operating efficiencies lower costs and improve profits. COVID changes that. As global trade declined, shipping companies anchored empty ships but the move to giant Panamax ships has hurt their cost structure. In Smithfield’s case, it’s largest plant closed when employees got sick. If that plant been split up into five plants, they might have had to close one or two but production could have continued. Post-COVID, business will have to figure out how bigger can be better. To learn more, visit odu.edu/business. This Strome Business Minute is presented by the Strome College of Business at Old Dominion University.

Get ready for an exciting episode with public speaker, real estate investor, and entrepreneur Vinney Chopra! You will absorb so much in this episode, it will excite you to get off your butts and get started!! “When you think small, you get small results. When you think big, you get big results!”Vinney ChopraHere’s a breakdown of what to expect in this episode: LIVING WITH AN ABUNDANT MINDSETSEIZING OPPORTUNITY AS IT COMESSCALING UP YOUR INVESTMENTS THE RIGHT WAYHOW TO COMBAT NEGATIVITYSTEPS TO SYNDICATE YOUR NEXT DEALSpecial References and Episode LinksFAVORITE BOOKSVinney’s Book: Apartments Made EasyConnect with Tom and RyanWebsite https://vinneychopra.com/Facebook Linkedin Love ADPI? Need a loan for your next project? Look no further! Check out ADPI Financial Services for all of your lending and financial needs! No Time...No Worries! Get the info you need now by texting DEAL to 33777 Connect with the ADPI: Facebook | Instagram | YouTubeSchedule a FREE Freedom Coaching Call with MikeTo learn how to use your VA Loan to create wealth and invest in real estate while in the military take our VA Loan Mastery CourseTo find out how you can build $10,000 a month in Passive Income while investing in the military check out This VideoReady to TAKE ACTION and begin building your cash flowing real estate empire? Don’t go it alone! Check out our exclusive education and coaching products designed for self-starters like the Military Real Estate Investing Academy and Operation A.T.O.M. [Action Takers Only Mastermind]! PLEASE Subscribe & Review The Active Duty Passive Income PodcastThanks for tuning in to this week’s episode of the Active Duty Passive Income Podcast! If the information shared in these weekly interviews have helped you or your family pursue your dreams of financial independence, please do us a favor and head over to iTunes, subscribe to the show, and leave us an honest review.Support the show (https://www.patreon.com/adpi)

Unlocking The Economies Of Scale For LoRaWAN Deployments - Wienke Giezeman & Johan Stokking by The Things Industries

Hello and welcome to Overdrive, a program that practices what it preaches, most of the time, on the subject of cars and transport. This week we concentrate on Holden, that famous Australia car brand that will soon cease to exist. In the news 1. From Craft to economies of scale (1:22) 2. General Motors did the Holden name well (2:32) 3. Was the first Holden that good (3:37) 4. Button plan (4:32) 5. Did Holden build the wrong type of cars (5:39) 6. And we hear from a range of people whose families owned holdens from the first model. • Fred Brain and 1969 350 Monaro (6:52) • Terry Thompson owning old Holden (15:53) • Alan Finlay – racing and EH (21:02 You can find more information at Driven Media or previous programs are available as podcasts on iTunes or Spotify. OR our Facebook site OverdriveCity So, let’s start with the news Originally broadcast 22 February 2020

Grady Eger and Peter Calcaterra talk News, we decided to talk about the news in the car world. We hand a more structured talk and learned about the new things that are changing, Thanks to our sponsor Anchor.fm check them out if you are interested in starting your own podcast, they solve all the broadcasting issues that you might face when starting a podcast.  Anchor.fm Instagrams Username: Grady Eger Username: Peter Calcaterra YOUTUBE Username: Peter Calcaterra Username: Grader Eger --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Good economic theory predicts effective, cutting edge business practices. For example, the dynamic flexibility of capital resource allocation predicted by Austrian Capital Theory is being realized today via digitization, dematerialization and agile organizational innovations. Entrepreneurs who fully embrace Austrian theory can be leaders in the field of business implementation. At the same time, economic theory evolves and it's important to keep up. This week, Hunter Hastings and Per Bylund talk about the economics of value and how this body of theory is superseding old mainstream economic theories from the industrial age. We focused specifically on the industrial-age concept of economies of scale. Key Takeaways and Actionable Insights Economies of scale can feel daunting to small and medium sized business (97% of all businesses) because of the implication that big businesses enjoy unmatchable efficiencies, advantages in procurement and hiring, and asymmetrical bargaining advantages when negotiating with smaller business as vendors or suppliers. But this industrial age economic law is not applicable to today's entrepreneurial businesses. It applies to commodity businesses competing to make the same product and sell it to the same customers. It was historically possible to invest in capital to increase output per worker and lower variable costs to their lowest possible level, thus achieving a price and / or profit advantage, as well as an experience curve benefit of perfecting methods through extended high volume applications. Today, entrepreneurs don't compete with commodity businesses, or in commodity markets. Entrepreneurs compete on value, not on cost. Entrepreneurs put the customer in prime position, not production. They select a customer group to serve in the best possible way – so that those customers can experience maximum (subjective) value. Superior service to selected customers to facilitate value for them – not low cost - creates entrepreneurs' competitive advantage. Instead of pursuing greater and greater unit volume to lower unit costs, entrepreneurs utilize the customer empathy and feedback cycle to increase the level of value they can facilitate for customers. They process more and more customer feedback to understand better how to improve their experience. Instead of scaling up, entrepreneurs scale down. Personalization and customization are increasingly effective routes to customer value experiences. Producing less unleashes scarcity, exclusivity, limited availability and uniqueness as value signals to selected customers. And, when needed, scale can be rented. In the specialized areas where economies of scale are relevant – particularly in shareable infrastructure like the Amazon Marketplace platform or cloud computing – entrepreneurial businesses can “download scale from the internet”, i.e. take advantage of the platform's scale without building it themselves. The same customer-first, value-centric model applies In B2B markets. Entrepreneurs identify ways to fit in to the customer's system in a unique or superior way to re-balance asymmetric bargaining power. Relationship, not scale, brings advantage. Entrepreneurs always put customers and their value experience first, in both B2B and B2C. Scale is a choice for the entrepreneur. Choose which customers to serve at what scale. The cost connection with scale is far less important than in the past. Additional Resource "Economics of Value vs. Economies of Scale" (PDF): Mises.org/E4E_42_PDF.

Ryan Kia (of quantiumresearch.co.uk) has a look at the different sources of Economies of Scale. Today's episode is an Economics Podcast vital for those studying GCSE and A-Level Economics and for revision. We will continue producing content surrounding this area until we have collated further research for our asset allocation focus. For further updates, sign up at quantiumresearch.co.uk

Levi R discusses the concept of economies of scale in policy and political discourse. Do the left and right view economies of scale differently? Is economies of scale an immutable law of nature that cannot be violated by policy? --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/traddads/support

Learn about how 3D printing could shape the future of fashion, from best-selling author Dana Thomas. You’ll also learn about the difference between THC and CBD when it comes to cannabis; and, why the smartest people in the room are often the quietest. In this podcast, Cody Gough and Ashley Hamer discuss the following story from Curiosity.com about the difference between THC and CBD when it comes to cannabis: https://curiosity.im/2Lwa0jH Additional resources from Dana Thomas: “Fashionopolis: The Price of Fast Fashion and the Future of Clothes” on Amazon — https://amzn.to/2O2hqMX Official website — http://www.danathomas.com/ Follow @DanaThomasParis on Twitter — https://twitter.com/danathomasparis  Unmade — https://www.unmade.com/  Download the FREE 5-star Curiosity app for Android and iOS at https://curiosity.im/podcast-app. And Amazon smart speaker users: you can listen to our podcast as part of your Amazon Alexa Flash Briefing — just click “enable” here: https://curiosity.im/podcast-flash-briefing. 

Ep. 261: Economies of Scale in M&A Land by TEK2day

Today on the MBA Musing episode, Jonathan goes into Economies of Scale, Barriers to Entry, and what he is learning in the economics and finance sections of the MBA program. For more from Unleash Greatness go to  http://www.unleashg.com Unleash Greatness focuses on improving your life around health, wealth, relationships, and self expression (business/career) This episode is sponsored by Natural Medicine Mamas http://www.naturalmedicinemamas.com Our vision is to help families stay and be healthy using natural methods for the body, mind, and soul.

Will we lose synergies and economies of scale if teams just start doing their own thing with no central coordination?This episode discusses how, in practice, organizations get to enjoy the best of both world: reaping synergies where they are, but without the diseconomies of motivation and disempowerment that almost inevitably show up when we centralize tasks in pursuit of specialization and economies of scale.

Tribe 9 Foods secured growth capital to bring manufacturing in-house for the three brands that merged into their portfolio, something that has allowed them to have control over batch timing, batch size and product quality. In addition, in-house production allows them the flexibility to try new things and have a co-packing line of business for their core product types.

“...Know what you are. Know what kind of business you want to build. Because this community only has so many resources. There are only so many micro-VCs and angel investors. And every person who takes money, and the amount of times you take money from an angel investor and don’t return it, that means somebody else doesn’t get that money, and you’re slowing the economy down.” -Scott Kitun, Technori CEOFull show notes available at www.discoveryourinnerawesome.com. See acast.com/privacy for privacy and opt-out information.

How does a 30,000 acre farm operate with just 9 employees? Lon Frahm shares with Tim how he has grown his row crop operation to over 30,000 acres, and how he uses economies of scale such as self-insuring and storing his own grain, to develop advantages over other farmers.  Lon has a very impressive story. He took over his family's farm upon his father's death when he was just 28 years old. He has lead the operation to tremendous growth over the past 30 years and has experiences very little employee turnover.  Lon knows the value in keeping good people on the team, learning quicker than your competition, and networking with peers in the industry.  Whether you are a farmer, in agribusiness, or not in any related field, there are still some business gems in this episode.  Learn more about Frahm Farmland at http://www.frahmfarmland.com Wall Street Journal Article Featuring Lon Frahm Visit http://www.AgGrad.com to connect to careers and employers in agriculture.  Reach out to Tim on Twitter @timhammerich. 

01 - IRENE DRESEL & MARIO HAMMER & THE LONELY ROBOT_Les Bretonnières (0'00) (Traum / 2017) 02 - ACRONYM_Across The Baltic Sea (4'40) (Reclaim Your City / 2016) 03 - ACCLAIMS TO THE GODS_Secret Pacts With Red Beings (9'40) (Mephyst / 2017) 04 - RROSE_Arc Unknown (14'30) (Infrastructure New York / 2016) 05 - BEN HAVIOUR_Drowned In You (19'10) (Traum / 2017) 06 - MIRO PAJIC_I Want To (24'30) (RICHTER Remix) (City Noises / 2016) 07 - CHARLOTTE DE WITTE_Enough (29'40) (Turbo Recordings / 2016) 08 - FUNCTION_Lowlight & Trick Mirrors (36'00) (Infrastructure New York / 2016) 09 - ANTONIO RUSCITO_Form 1 (40'30) (Edit Select / 2016) 10 - SHIFTED_In Equal Measure (44'40) (Avian / 2016) 11 - GLEIS 5_Economies Of Scale (48'20) (City Noises / 2016) 12 - SURGEON_Search (53'50) (Blueprint Records / 2016)

After graduating with an engineering degree and then an MBA from Ohio State, Paul entered the management development track at Ford Motor Company in Detroit. After five years, he departed to start a staffing company with a partner. They sold it to a publicly traded firm five years later. Along the way, Paul was Finalist for Ernst & Young’s Michigan Entrepreneur of the Year two years straight (1996 & 1997). Paul later entered the real estate sector, where he flipped over 50 homes and 25 high-end waterfront lots, appeared on HGTV’s House Hunters, rehabbed and managed rental properties, built a number of new homes, developed a subdivision, and started two successful online real estate marketing firms. He also built a number of other companies and made quite a few medium- and high-risk investments along the way. Three successful developments, including assisting with development of a Hyatt hotel and a very successful multifamily project, led him into the commercial multifamily arena. Paul is married with 4 children and lives in Central Virginia. What you’ll learn about in this episode: The shift in belief that owning a home is no longer the American dream How homeownership has plummeted from 69% to under 63% in the last 24 months The wonderful opportunities for multifamily investors Why more millennials are renting compared to buying What a typical 100 multifamily unit costs to invest in Determining multifamily property values Some of the huge barriers to entering the multifamily business Why it’s so important to get to know the ‘mom & pop’ owners The importance of understanding motivations when making deals The difference between investing and speculating Resources: REInvestorSummit.com/bigapartments REInvestorSummit.com/mypodcast REInvestorSummit.com/noteservicing REInvestorSummit.com/101 REInvestorSummit.com/coaching

This episode features two segments on hard-won insights from farmers.  My first conversation is with Delaney Zayac of Ice Cap Organics. His intensive growing practices and short season make it hard to maintain sufficient organic matter in his soil. His new approach? Delaney bought a tractor attachment that chops and spreads straw onto his beds and/or pathways. The resulting mulch is good for weed suppression, moisture retention, and. ultimately, for adding organic matter to the soil.  Conversation two is with Andrea Gunner of Rosebank Farms. Government-imposed production limits made it hard for Andrea to exploit economies of scale in her pastured poultry operation. More independant producers in her region could potentially team up to exploit economies of scale together through cooperation, so Andrea began mentoring new farmers near her farm and then cooperating with them on bulk feed purchases and slaughter.

AESA PRESIDENT ELECT JERRY MAZE IS JOINED BY FORMER AESA PRESIDENT RICH MCBRIDE FOR A DISCUSSION ON TEACHER TRAINING, ESA'S, PURCHASING , ED TECH ETC

Alex Merced discusses the adoption issue and then discusses what if Corporations could adopt children? email alex at EmailAlexMerced@gmail.com Support the show at Support.AlexMerced.comSupport the show (http://www.patreon.com/alexmerced)

HxGN Radio speaks with Kaushik Chakraborty who manages geospatial business for Hexagon in India. He discusses the state of the Indian economy and its impact on geospatial business and technology within the country. Learn more about Hexagon Geospatial at the India Geospatial Forum February 10-12 or online at hexagongeospatial.com

Here in Maine, the entrepreneurial spirit is alive and well. We work with the resources we have, creating new and interesting products to share with the world. No small feat, given our geography and relatively small population base. This week’s radio show guests, Philip Conkling, founder of the Island Institute and contributing editor at Maine Magazine, and Dream Local founder & Client Success Officer, Shannon Kinney, understand the entrepreneurial process. Entrepreneurs themselves, they have brought their unique talents to Maine, creating and nurturing organizations that act as valuable resources for our community. https://www.themainemag.com/radio/2013/10/economies-of-scale-108/

Transcript -- A British farmer explains his perspective on GM crops.

A British farmer explains his perspective on GM crops.

A British farmer explains his perspective on GM crops.

Transcript -- A British farmer explains his perspective on GM crops.

Presented at the Mises Institute on 13 July 2005. The PowerPoint presentation accompanying this lecture is available for download (in PPT).