Travis Esquivel is an engineer, passionate soccer player and full-time dad. He enjoys writing about innovation and technology from time to time.

Coinbase hits record low as investors flock to Dogecoin, Binance
May07

Coinbase hits record low as investors flock to Dogecoin, Binance

Coinbase Global Inc. sank to a record low as investors fled high-flying market newcomers. The operator of the largest U.S. cryptocurrency exchange slumped 6% to $256.76 on Thursday, dropping for a fourth straight day. That left the shares just above the $250 reference price for its April direct listing. An exchange-traded fund that tracks shares of companies that recently went public plunged for an eighth day, the longest slide since 2015. Virgin Galactic Holdings Inc. and Opendoor Technologies Inc., companies that came to market through blank-check offerings, each sank at least 3.8%. “We saw a mini-bubble in SPACs, IPOs, crypto, clean-tech and hyper-growth in late 2020 and early 2021 and many of these asset classes are nursing bad hangovers,” said Mike Bailey, director of research at FBB Capital Partners. Coinbase’s slide comes as investors pour into extremely speculative cryptocurrencies such as Dogecoin and Binance Coin — tokens that the exchange doesn’t offer. Most of its traffic had come from Bitcoin trades, but the price of the largest crypto coin has been mired in a narrow band for weeks. Coinbase started trading at $381 on April 14 before briefly topping $400. It’s now down 22% from the close on its first day. Nasdaq had set a reference price of $250 a share on April 13 for Coinbase’s direct listing, a number that’s a requirement for the stock to begin trading, but not a direct indicator of the company’s potential market capitalization. “What has really hurt Coinbase, now that their direct listing […]

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Leaders: Delegate More
May06

Leaders: Delegate More

Vector image created by vectorjuice – www.freepik.com Do any one of these statements sound familiar? “Everyone on the team is busy. I can’t ask anyone to do more.” “It takes longer to explain how to do it than to just do it myself.” “I don’t trust that they will get it done the way I want it.” “What if they say no?” These are all the things I used to say to myself when the notion of delegating work to my team was needed. My leadership career has ranged from being a Supervisor, managing just four front-line associates, to an Operations Chief responsible for the work of 100 employees and 17 direct reports, some at the Director level. Delegation was one of the hardest skills for me to employ as a leader. Reflecting back on that time I had two obstacles holding me back from delegating: My assumptions about what it meant if I delegated. I lacked confidence. I didn’t know how to do it or what to say. I lacked the skill. The rate at which we learn and grow, is directly related to our confidence and skill. This week we build on both by providing three tips for delegating better. Examine and Reframe Your Assumptions What is holding you back from delegating? What is in your head or what story do you tell yourself about delegating? Consider any other thoughts you have that are in addition to the four at top of the page. These are mental barriers […]

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Tired of the Unpredictable? Learn to be Anticipatory
May06

Tired of the Unpredictable? Learn to be Anticipatory

More often than not, many businesses and organizations I work with view it as difficult or even impossible to foresee problems before they occur in our unpredictable world. In many ways, the circumstances we faced during the coronavirus pandemic were really nothing new. Sure, we may have never experienced this level of uncertainty before but being ahead of the curve by implementing my Anticipatory Organization Model and understanding what we can be certain about using my Hard Trend Methodology is always applicable. Where Do We Even Begin? Many start their business or career looking to change the world or their industry, but they do not know where to start. Having helped organizations with future planning and innovation for several decades, I applied personal experience and extensive research to develop a methodology for separating Hard Trends, which are future certainties that will happen, with Soft Trends, or future possibilities that are open to influence. Hard Trends cannot be changed while Soft Trends can. Understanding this allows you to see problems before they occur and pre-solve them, allowing you to redefine risk management and boldly innovate with relatively low risk. Conversely, just because Soft Trends may or may not happen does not mean that they won’t happen; they are just not a future fact. Should I Avoid Agility? During the pandemic, we witnessed people largely embracing an agile mindset to deal with the accelerating pace of exponential technological change, solely playing defense. Instead, we should be shifting our mindset to one of […]

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What Can You Do Now to Make 2021 Your Best Tax Year Ever?
May06

What Can You Do Now to Make 2021 Your Best Tax Year Ever?

One of the biggest stresses experienced by businesses and individuals is nothing but tax return preparation and filing. The reason it is so stressful is due to the fact that taxes are complicated to handle, and with the growing number of tax reforms, this complexity is simply increasing. One needs to have accounting skills and expertise in order to prepare and file taxes accurately, and more importantly, to leverage write-offs. In other cases, it is best to hire tax professionals. Irrespective of whether you are managing your taxes on your own or through a professional, you must work on the following to ensure a stress-free year ahead. 9 Tips to Make 2021 Your Best Tax Year Ever Set a Goal Firstly, set a goal that should clearly explain your accomplishment plan for the next year in terms of your finances. This can be your urge to earn extra money, learning to budget your finances, and more. One recommendation while setting a goal is to set a lofty one, primarily due to the following two reasons: A difficult to accomplish goal motivates you to put in additional effort. Even if you are unable to accomplish the goal, you will end up at a point that would be much higher than that of a lower goal. Analyze Income There are a lot of accountants who advise pushing your income to an afterward year. When deciding to do this, there exist several factors for consideration. Firstly, you must analyze, is your income too […]

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Dogecoin’s value is soaring. Is it time to take it seriously?
May06

Dogecoin’s value is soaring. Is it time to take it seriously?

For anyone who still thinks Dogecoin is a joke, there are some 90 billion reasons that say it’s not. That’s how much the digital token is nearly worth in dollar terms after jumping again in Wednesday trading. Useless or not, the coin has been swept up in the crypto mania that’s gripped markets awash in central bank largesse. It’s the latest milestone in a year of speculative excesses for a market Nouriel Roubini once described as “the mother of all bubbles”. While in the past, trillions of dollars in stimulus by governments and central banks might have triggered a rush into gold for the inflation-wary and risky stocks for the intrepid, a deluge of cash this time round is flooding into the nascent crypto market. Few illustrate this better than Dogecoin, a so-called memecoin that’s become the destination for a horde of day traders egged on by Internet buzz and a self-propelling buying frenzy. A potential trigger for the latest leg up: Tesla Inc. co-founder and crypto fan Elon Musk is appearing on Saturday Night Live this weekend, spurring speculation he may talk up Dogecoin again on the comedy show. “When you think about the full spirit of what this crypto revolution is, there’s something pure in what Dogecoin has done,” Mike Novogratz, founder of Galaxy Digital Holdings, said on CNBC. “I worry that once the enthusiasm rolls out, there are no developers, there’s no institutions coming in. But it’s got the moniker of the people’s coin right now and it’d […]

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