- THE CEO REPORT
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- Thursday, April 11
Thursday, April 11
5 things you missed today
Good Evening,
Here are the 5 things you missed today:
1. 🍟 Tech Is Replacing California Workers
More fast food restaurants are embracing self-service kiosks in lieu of cashiers and additional workers in California after the state upped minimum wage by $4 to $20/hour. Read more here →
🤯 Why I vowed to never run an agency search again!
I’ve hired dozens of agencies, both as a fractional CMO for coaching clients and for my own companies. The process always sucked - I couldn't do proper vetting, spent hours listening to the same pitches, and timing was never on my side.
I knew there had to be a better way to do this. So, I started working with Vendry. They conduct the entire agency search, from start to finish. Meaning they will...
Intro you to top agencies in your industry
Gather and vet proposals on your behalf
Save you 20+ hours on “get to know you calls”
I KNEW there was a better way, but I didn't know it could also be free!
Vendry only makes money if you end up hiring one of their vetted agences, so they are incentivized to find you the perfect match.
Do what I did, and work with Vendry to find the perfect agency.
2. 🎶 TikTok Might Get UMG Music Back
Taylor Swift’s music has returned to TikTok ahead of her new album release next week, despite Universal Music Group’s removal of its artists on the platform. It’s not yet clear how this happened or what the future holds for other artists. Read more here →
3. 📦 Andy Jassy’s Pessimistic About Antitrust
Amazon CEO Andy Jassy recently spoke with CNBC to discuss how their $1.4 billion acquisition of iRobot fell through because the EU and FTC would raise concerns. Is antitrust enforcement bullying or helpful? Read more here →
4. 👑 Gold Bar Sales Are Surging at Costco
Costco has been selling up to $200 million of one-ounce, 24-karat gold bars per month through its online store. Customers keep selling them out, following the trend of buying gold in times of economic turmoil. Read more here →
5. 🎥 Short Video Apps Saw Record Revenue
Failed short-form video app Quibi might have been ahead of its time because Q1 showed a record revenue of $146 million in global consumer spending for short drama apps like ReelShort and DramaBox. Read more here →
Bonus. CEO Tip Of The Day
Want your workers to trust you? Here are three things you need to prioritize.
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