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10 business movies every entrepreneur should watch

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Actor Will Smith and his son starring in the film The Pursuit of Happyness
Starring Will Smith, The Pursuit of Happyness was released in 2006 and won a MTV Movie Award in the following year

There are all kinds of rankings on the web due to the simple fact that today’s audience has tools that were previously undreamed of. Before the internet, one had to wait for print media to release a list to find a ranking on a particular kind of product. Today, however, thanks to online magazines and websites, one can find product rankings in an instant. This particular list will focus on the 10 movies you absolutely must see if you are an entrepreneur. In every list there is a subjective aspect, which depends on the taste of the film critic, and an objective aspect, which is supported by numerous factors. This list is no exception.

 

1 – The Social Network – David Fincher

The Social Network is a prime example of this combination of subjective and objective aspects. If you have never heard of it, The Social Network tells about the birth of Facebook, the legal happenings involved, and how successful entrepreneurship does not come from a single light bulb moment, but from something else. That other factor is the ability to understand reality, people’s needs and to organize them. Before Facebook there were many experiments with social media, but what distinguished this product is the organization of various ideas concentrated in a single project. For any entrepreneur it is an indispensable film.

 

2 – The Big Short – Adam Mckay

Compared to the previous film, The Big Short is a less enjoyable, less popular film because it discusses a complex topic with difficult-to-understand terms and situations. Throughout the film there are many written inserts that literally illustrate the concept the characters are discussing. Those in business will probably not need these explanations, but they will be enraptured and frightened by the changeability of the market and the need not to gamble on something unpredictable.

 

3 – The Wolf Of Wall Street – Martin Scorsese

The Wolf Of Wall Street might seem like a straightforward tale of a businessman’s rise and fall – one of many similar stories. And indeed, it is. From Citizen Kane onward, there have been so many films that follow this narrative. Yet the epic of Jordan Belfort, played by Leonardo DiCaprio, also discusses how success can devour you if you are unable to set limits on yourself. Remember that all successful entrepreneurs need boundaries, even if you are at the top of your field.

 

4 – The Founder – John Lee Hancock

This is the story of the man who invented the global fast food brand McDonald’s. That alone is enough. The whole film revolves around the concept of perseverance, a quality that made an ordinary 52-year-old a billionaire.

 

5 – Steve Jobs – Danny Boyle

The motivation for this film is also the same as the previous one: to take its audience the mind of a visionary, how the charisma of such people works, and how they build a mythological aura around them. The film deals with three phases of Jobs’ life and gives a very positive portrait of him with almost no controversy.

 

6 – The Pursuit Of Happyness – Gabriele Muccino

Similarly to The Founder, this film by Gabriele Muccino is about perseverance, but perseverance of a different kind. Unlike The Founder, The Pursuit Of Happyness is about a father and son without a home, money, without anything except each other. The man (and this is a true story) becomes a millionaire. This hopeful movie serves to remind the entrepreneur not to give up in the face of hardship.

 

7 – Joy – David O. Russell

Joy is a film about generations and associates entrepreneurship with the concept of imagination. For the latter reason it is a must-see film for anyone who wants to start a business, whether small or large. One must have imagination and explore territories unknown to people. This is the only way to find a novel product that people need.

 

8 – Wall Street – Oliver Stone

The financial landscape since 1987 has changed so much, yet this work by Oliver Stone is still a must for anyone who wants to understand the ruthless dynamics of the business world.

 

9 – Pirates Of Silicon Valley – Martyn Burke

This is a film that was released directly on television. It didn’t make a big splash on its release, but it has become a cult film for its account of Silicon Valley. It’s actually more of a film about Steve Jobs and Bill Gates, how they met and both of their run to success. For any entrepreneur it is an important film because it discusses how competition can be healthy, if stimulated within certain limits.

 

10 – Erin Brockovich – Steven Soderbergh

It may not seem like a film for anyone who is an entrepreneur, yet it has a very important message about gender issues and how not to give up in the face of discrimination. There is still a very strong prejudice in the world about women in business, entrepreneurs or not, and Erin Brockovich is a film that can make anyone understand just that.

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Event brings entrepreneurs together to talk the future of tech in the UK

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Spotify has assembled entrepreneurs and trailblazers for a series of thought-provoking conversations alongside a group of influencers, commentators, and policymakers. Dustee Jenkins, Chief Public Affairs Officer at Spotify, hosted the evening at the company’s HQ in London. To kick things off, Jenkins sat down with Brent Hoberman, who cofounded the online travel and leisure retailer lastminute.com in 1998. “Primarily what is organic here [in the UK] is talent,” he noted. “There is a huge depth of talent. It’s one of the highest densities of top corporates: Those corporates actually educate and train talent, and a lot of that talent wants to work at startups. You’ve got talent, capital and skills.” Spotify’s Co-President and Chief Business Officer Alex Norström then sat down with venture capitalist Harry Stebbings, host of The Twenty Minute VC podcast. Harry launched the podcast as a teenager in 2015 and has since interviewed thousands of investors, entrepreneurs, and startup founders. The two unpacked how founders can overcome barriers to growth in today’s tech sector, and Harry asked Alex what he likes about London. “I’m impressed by the passion of London,” Alex replied. “I came here thinking I was going to get a lot of rain. I got vibrancy and dynamism, both culturally as well as in business.” The event also featured her Royal Highness Princess Beatrice of York – founder of BY-EQ and Vice President of Partnerships and Strategy at Afiniti - hosting a fireside chat with Priya Dogra, Former President of WarnerBros Discovery for EMEA, and Sakshi Chhabra Mittal, founder and CEO of Foodhak, a science-based meal delivery service. The three discussed the impact tech is having on mission-driven companies and strategies for designing businesses in the modern age, as well as how to bring more women into tech. Exceeding £1 trillion, the UK’s technology market is the largest in Europe and the third-largest in the world. The country has been an important piece of the Spotify puzzle since it launched in 2008. Nowadays as one of our biggest research and development hubs, it’s where the company experiment with some of its newest launches and products, including audiobooks in Premium, video-based learning courses, and, most recently, AI Playlist. Spotify’s success in the U.K. is due in large part to the country’s open, connected, and competitive economy.
Spotify has assembled entrepreneurs and trailblazers for a series of conversations in London

Spotify has assembled entrepreneurs and trailblazers for a series of thought-provoking conversations alongside a group of influencers, commentators, and policymakers. Dustee Jenkins, Chief Public Affairs Officer at Spotify, hosted the evening at the company’s HQ in London.

To kick things off, Jenkins sat down with Brent Hoberman, who cofounded the online travel and leisure retailer lastminute.com in 1998.

“Primarily what is organic here [in the UK] is talent,” he noted. “There is a huge depth of talent. It’s one of the highest densities of top corporates: Those corporates actually educate and train talent, and a lot of that talent wants to work at startups. You’ve got talent, capital and skills.”

Spotify’s Co-President and Chief Business Officer Alex Norström then sat down with venture capitalist Harry Stebbings, host of The Twenty Minute VC podcast. Harry launched the podcast as a teenager in 2015 and has since interviewed thousands of investors, entrepreneurs, and startup founders. The two unpacked how founders can overcome barriers to growth in today’s tech sector, and Harry asked Alex what he likes about London.

“I’m impressed by the passion of London,” Alex replied. “I came here thinking I was going to get a lot of rain. I got vibrancy and dynamism, both culturally as well as in business.”

The event also featured her Royal Highness Princess Beatrice of York – founder of BY-EQ and Vice President of Partnerships and Strategy at Afiniti – hosting a fireside chat with Priya Dogra, Former President of WarnerBros Discovery for EMEA, and Sakshi Chhabra Mittal, founder and CEO of Foodhak, a science-based meal delivery service. The three discussed the impact tech is having on mission-driven companies and strategies for designing businesses in the modern age, as well as how to bring more women into tech.

Exceeding £1 trillion, the UK’s technology market is the largest in Europe and the third-largest in the world. The country has been an important piece of the Spotify puzzle since it launched in 2008. Nowadays as one of our biggest research and development hubs, it’s where the company experiment with some of its newest launches and products, including audiobooks in Premium, video-based learning courses, and, most recently, AI Playlist.

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What is credit invisibility and how can it affect your finances?

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A woman paying groceries with cash
Only paying in cash will make it difficult to build a credit history and may make you may be credit invisible

If you’ve never taken out a loan or owned a credit card, you may be credit invisible. This means that financial institutions have no records to show that you’ve borrowed money responsibly in the past, which lenders largely rely on to approve you for financial products.

Everybody starts off with invisible credit. However, it can affect you in more ways than one, so it’s important to seek ways to build your credit history as early as you can. Here, we look at some of the effects of credit invisibility on your finances, and offer a few tips to start becoming credit visible.

Access to financial products

Before being approved for any kind of financial product in which you borrow an amount of money, a lender will run a credit check to ensure you have a good credit history. Usually, they’ll be looking to see that you have a high credit score – this would prove that you’ve borrowed money responsibly in the past, and have been able to continuously keep up with repayment obligations.

When you have no credit history for lenders to look at, it can make it harder to qualify for financial products. Your lender will know that you have no prior experience managing borrowed money, and therefore can’t for certain know that you’ll pay any amount back that you borrow. This can be true of all kinds of borrowing options, such as credit cards and loans.

Low limits, high fees

Ultimately, everyone starts off with limited or invisible credit history. So, there will always be a restricted number of financial products available to those looking to borrow for the first time.

However, you may not be offered the best deal if you’re credit invisible. For example, you might be offered a lower limit on a credit card you apply for, or a smaller sum of money on a loan. Plus, you’re likely to face higher interest fees than those who have a visible credit history.

Stagnated progression

Most people will need to borrow money from a lender at some point or another. Usually this will be to pay for a big life expense – you may be buying a house with a mortgage, or purchasing a car on finance. Having limited access to credit options can make goals like these much harder to work towards and obtain. Unfortunately, this could have a knock on effect on your overall quality of life.

Limited access to financial products means that you’ll largely have to rely on your own savings to make any big purchases – this could set you back years when it comes to owning a property.

How can you become credit visible?

Luckily, credit invisibility impacting your quality of life in the long-term is a worst-case scenario. As long as you take a proactive approach towards your finances, you can easily remedy your credit invisibility.

There are plenty of simple steps you can take to become credit visible – you can get on the electoral roll, link your current account to a credit reference agency, or take out a monthly mobile phone contract. These tasks won’t necessarily prove that you can borrow money responsibly, but they’re a good place to start.

Next, you’ll want to look into credit options. Taking out a credit card or loan with a low limit and a high interest rate can seem like an unappealing option, but as long as you can cope with the financial responsibility, it’ll be worth it in the long run. By sticking to your limit and repayment commitments, you’ll prove to your lender that you are a responsible borrower. In turn, this will be reflected on your credit report, and your credit history will begin to take shape. Using such a product responsibly is likely to boost your credit score rather swiftly, which can qualify you for further credit options. You may even find that after a set period of time, your lender is willing to increase your limit and offer a lower rate of interest on your product.

Getting started

Keen to start building your credit history? Do plenty of research on the products available to you before making any long-term commitment. To ensure that you can keep up with the financial responsibility, create a detailed financial plan for the best results.

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Extreme tourism market to reach $91 Billion

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Extreme Tourism Market to Reach $91.0 Billion
Mountain climbing held the highest extreme tourism market share in 2022 | Photo: Connor Moynihan

A recent report published by Allied Market Research forecasts that the global extreme tourism market, valued at $24.2 billion in 2022, could reach $91.0 billion by 2032.

The growing influence of social media is a powerful force surging demand in the extreme tourism market, which attracts travellers those leaving their comfort zones to engage in activities that are considered high-risk, adventurous, or unconventional, such as skydiving, bungee jumping, and rock climbing. Thanks to platforms such as Instagram and YouTube, serving visuals and tutorials breathtaking adventures,

Travelers, inspired by visually appealing content on platforms such as Instagram and YouTube, are actively seeking out thrilling experiences to share on their own social networks, driving a sense of Fear of Missing Out (FOMO) among younger demographics, compelling them to actively participate in adrenaline-pumping activities to create their shareable moments.

By adventure type, the mountain climbing segment held the highest market share in 2022, accounting for more the two-fifths of the global extreme tourism market revenue and is estimated to maintain its leadership status throughout the forecast period. However, the skydiving segment is projected to manifest the highest CAGR of 15.2% from 2023 to 2032.

25 to 45 years is the age group holding the highest market share since 2022, according to the report, accounting for more than two-fifths of the global extreme tourism market revenue. The segment is estimated to maintain its leadership status throughout the forecast period. However, by 2032 it will be below 25 years segment that is projected to have the highest CAGR: 15.3%.

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