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How To Pursue A Challenging Problem, And Why You Should Always Pursue Challenging Problems Video

How to pursue a challenging problem? Pursuing challenging problems is a central part of any manager or leader’s role. If you think of what most companies do, is that they tackle a large challenging problem that is bigger than what any particular individual can do themselves. Pursuing challenging problems are also very important because very few people are willing to do them individually. The simple fact of pursuing a challenging problem will make what you provide a competitive advantage.

So, how do you pursue a challenging problem? There are two techniques which have been known for many years. The first is differentiation of tasks. This is simply just figuring out ways to specialize and to find out tasks using the division of labor. The second is integration of these different tasks. Once you divide up all of the different test then you have to figure out a way to synthesize them and make sense of all of these tasks as a whole.

For example, if one were to create a new business, what they would do is focus on one particular task at a time and then at some point in the future put them all together such that they made adequate sense. From a behavioral perspective, there is such thing as the planning fallacy. In other words, one should not think about how to do this in a rational sense but let it evolve when there is the need to do so.

If you are interested in what a competitive advantage is, check out:
https://youtu.be/u6ODPdxlvqw

Or check out:

You Can Do This. How To Finish A Difficult Project. Life Is Always About Difficult Projects
https://youtu.be/tjl9hK1Gosk

The Strangeness of Saying “Congratulations On Your Beautiful Baby,” And Business Strategy
https://youtu.be/cOP7918_Hh8

How To Become An Expert At Something: Deliberate Learning, And 10000 Hours Of Practice
https://youtu.be/exA0qjnX5-k


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As a research professor of entrepreneurship, innovation, and business strategy, I discuss topics, such as behavioral science, strategy, innovation, and entrepreneurship, and apply these to my new peer proofreading and editing platform. Topics include the sharing economy, altruism, investing in technology, and bounded rationality. My favorite videos pertain to incentives, goal setting, and learning from failure to drive behaviors such as weight loss, stopping telemarketers, creating novel technologies, and creating new movements.

r3ciprocity.com: Peer proofreading and editing platform

A new platform where you can earn credits by editing other people's documents. Use these credits to have your own work edited. If you do a good enough job, you can convert these credits to money.

The goal of the platform is to get people to 'pay it forward' and help other people out by creating incentives for people to give back.

Check out www.r3ciprocity.com

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About the Site 🌐

This site provides links to random videos hosted at YouTube, with the emphasis on random. 🎥

Origins of the Idea 🌱

The original idea for this site stemmed from the need to benchmark the popularity of a video against the general population of YouTube videos. 🧠

Challenges Faced 🤔

Obtaining a large sample of videos was crucial for accurate ranking, but YouTube lacks a direct method to gather random video IDs.

Even searching for random strings on YouTube doesn't yield truly random results, complicating the process further. 🔍

Creating Truly Random Links 🛠️

The YouTube API offers additional functions enabling the discovery of more random videos. Through inventive techniques and a touch of space-time manipulation, we've achieved a process yielding nearly 100% random links to YouTube videos.

About YouTube 📺

YouTube, an American video-sharing website based in San Bruno, California, offers a diverse range of user-generated and corporate media content. 🌟

Content and Users 🎵

Users can upload, view, rate, share, and comment on videos, with content spanning video clips, music videos, live streams, and more.

While most content is uploaded by individuals, media corporations like CBS and the BBC also contribute. Unregistered users can watch videos, while registered users enjoy additional privileges such as uploading unlimited videos and adding comments.

Monetization and Impact 🤑

YouTube and creators earn revenue through Google AdSense, with most videos free to view. Premium channels and subscription services like YouTube Music and YouTube Premium offer ad-free streaming.

As of February 2017, over 400 hours of content were uploaded to YouTube every minute, with the site ranking as the second-most popular globally. By May 2019, this figure exceeded 500 hours per minute. 📈

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