Tag Archives: First

The Simple Reason to Learn to Lead Yourself First

Inc. readers love leading. We love learning to lead better.

Usually that means learning to lead others. Leading others sounds sexier.

In my leadership courses and workshops, nearly everyone prefers the exercises that lead others over ones to build self-awareness and self-leadership.

I recommend learning to lead yourself first. Here’s why.

Learn to lead yourself first

To see what happens if you learn to lead others first, imagine learning a foreign language.

Say it’s Italian. With dedication and practice, you learn the language. The natural next step is to spend time with Italians, eat the cuisine, visit the country, learn their history, and so on.

Now say you learn that you prefer Chinese cuisine, history, philosophy, and so on.

After learning Italian is a lousy time to realize you’ve invested years in learning skills that will take you away from your interests.

Learning to lead yourself reveals your interests and values. It gives you direction. It keeps you from leading people where you don’t want to go.

Better to find out you love Chinese before learning Italian. No matter how good you are at Italian, it will always feel like work. Doing what you love will feel less like work all the time.

Learning to lead others is enticing and alluring. We feel powerful. More followers enables us to do more.

Without direction and purpose, power and action are as likely to lead us astray as where we want to go.

Tech

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Indonesia's first ever IPO by a startup draws robust investor interest

JAKARTA (Reuters) – E-commerce firm PT Kioson Komersial Indonesia Tbk drew strong investor interest for Indonesia’s first ever IPO by a startup, and its shares surged on their trading debut in very thin volumes on Thursday.

The response to the IPO could potentially pave the way for more technology companies in Southeast Asia’s biggest economy to follow in Kioson’s footsteps and list in the domestic stock market.

Kioson raised 45 billion rupiah ($ 3.3 million) by selling 150 million shares, or 23.1 percent of the company’s total share base, at 300 rupiah each. The offering was more than 10 times over-subscribed.

The stock surged as much as 50 percent on its debut, but volumes were very thin with just over 10,000 shares traded.

Indonesia’s startup scene is booming as investors are lured by the youthful demographic of the country of 250 million people, who are increasingly buying anything from tickets to electronic gadgets online.

President Joko Widodo has also aimed to increase broadband access in the sprawling archipelago.

Kioson CEO Jasin Halim said the company previously received offers from venture capital and private equity funds, but decided to go for an IPO because of a difference in valuation.

“The path that startups take is normally to look for venture capital, angel investors and so on…We feel that by taking the IPO route, that’s the method that is the most fair and transparent,” he told reporters. “Let the market value our company.”

On top of showing that an IPO could be an alternative method to raise funds for startups in Indonesia, Kioson also offers retail investors a chance to take part in the capital market and benefit from the “hyper-growth” of startups, Halim said.

Kioson operates an “online to offline” business model, which allows customers to make online purchases and pick up their orders at the ubiquitous kiosks, locally known as “warungs”, across Indonesia.

The company had tied up with 19,000 kiosks as of September, and plans to raise that to 100,000 by 2019, Halim said.

Kioson plans to use the proceeds from its IPO mainly to acquire online vouchers firm PT Narindo Solusi Komunikasi.

Andi Boediman, co-founder of venture capital firm Ideosource, told Reuters he expects more startups to take the IPO route in Indonesia as they could get better valuations from local investors who are more familiar with their products.

“With products that are offered in Indonesia, it’s easier to build a positive perception in Indonesia than to introduce it in other countries,” said Boediman, whose venture capital firm had invested in online retailer PT Bhinneka Mentari Dimensi. (reut.rs/2yJnoHQ)

PT M Cash Integrasi, which distributes online vouchers through its physical kiosks, is also planning to raise up to 300 billion rupiah by offering a 25 percent stake in an IPO. M Cash is a unit of PT Kresna Graha Investama Tbk.

Reporting by Eveline Danubrata; Additional reporting by Cindy Silviana; Editing by Muralikumar Anantharaman

Our Standards:The Thomson Reuters Trust Principles.

Tech

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Dridex: First banking Trojan with AtomBombing to better evade detection

The Dridex Trojan, one of the most destructive banking Trojans, has been upgraded with a new injection method so the malware is even better at evading detection.

The newest version of Dridex, v4, is now the first banking Trojan to take advantage of AtomBombing, according to report by IBM X-Force. Unlike some of the more common code injection techniques, AtomBombing is meant to evade security solutions. Once one organized cybercrime gang successfully pulls off a slick trick, other cyber thugs are expected to adopt the method.

“In this release,” the researchers wrote, “we noted that special attention was given to dodging antivirus (AV) products and hindering research by adopting a series of enhanced anti-research and anti-AV capabilities.”

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Italy’s Etna Volcano Throws Lava Bombs in Its First Big Eruption of 2017

Italy’s Etna Volcano Throws Lava Bombs in Its First Big Eruption of 2017

After a quiet 2016, Etna looks to be heading towards a more energetic 2017. The post Italy’s Etna Volcano Throws Lava Bombs in Its First Big Eruption of 2017 appeared first on WIRED.
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Italy’s Etna Volcano Throws Lava Bombs in Its First Big Eruption of 2017

Italy’s Etna Volcano Throws Lava Bombs in Its First Big Eruption of 2017

After a quiet 2016, Etna looks to be heading towards a more energetic 2017. The post Italy’s Etna Volcano Throws Lava Bombs in Its First Big Eruption of 2017 appeared first on WIRED.
All articles


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Meet Buck-OFF: The First Sex Toy For Trans Men

A trans activist and artist has spent years working to build a sex toy that’s specifically tailored for transmen. Finally, its arrival has come.


Cloud Computing

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Google’s Magenta project just wrote its first piece of music, and thankfully it’s not great

Deep in the bowels of Google’s Google Brain, the company is asking the question: can neural networks create music? Google’s Magenta project has an answer: yes.

Whether that music is good, however… nah. Google may have annihilated its human competition in the ancient game of Go, but human artists don’t have to worry—yet—about losing their livelihoods. Still, it appears that Magenta could at least drop a riff or two that human artists could remix.

Want to hear it for yourself? Here it is: 

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Red Hat To Be First $2 Billion Open Source Company

Red Hat reports 13% growth in the second quarter, improved cloud and emerging technology sales, and an expanded revenue estimate for third quarter.
InformationWeek: Cloud


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Red Hat To Be First $2 Billion Open Source Company

Red Hat reports 13% growth in the second quarter, improved cloud and emerging technology sales, and an expanded revenue estimate for third quarter.


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Red Hat To Be First $2 Billion Open Source Company

Whitehurst cited the cloud revenues, a small fraction of its total, as a sign that Red Hat has a firm grip on future revenues based on cloud computing.


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