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BUSINESS

Wow Air Stops Flying. Grounds All Operations. Leaves Passengers Stranded.

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Wow Air, a budget airline from Iceland, suddenly cancelled all its flights and decided to cease operations. Literally, thousands of passengers are stranded across the Atlantic due to the sudden closure. This came to light through Wow Air’s website, where they asked passengers to look for flights on other airlines. Though some passengers may be eligible for compensation from the company, the notice mentioned. “I’m very sorry about this as these are people who have supported us,” said Mogensen. “I’m disappointed not to honour our commitments.” Skúli Mogensen, CEO, Wow Air Wow Air’s CEO, Skúli Mogensen, said that they tried to secure investments until early Thursday to save the airline. But unfortunately, they were not able to. https://www.youtube.com/watch?v=qI2EXufgHA8 Stranded Passengers are Extremely Upset About Keeping Them in the Dark This wasn’t handled well, and the stranded passengers are not happy about this: https://twitter.com/CatherineGrey10/status/1110306060064174086 https://twitter.com/Shaisling/status/1110169914705395714 https://twitter.com/hongryalice/status/1111365307208224769 https://twitter.com/gleasonsarah/status/1110310676613025792

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BUSINESS

Lyft’s Debut Stock Price on NASDAQ Surprised Everyone

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Ride sharing service, Lyft’s stock price opened at 21% higher at $87.24 in its NASDAQ debut on Friday, 29th March 2019. Lyft, valued over $1 billion, beat Uber in the race to go public on Friday. Lyft’s success goes on to prove that the sharing economy will continue to grow, and despite Uber’s market domination, there is room for other companies to enter the consumer transportation market. The opening stock price today, puts Lyft’s valuation at $30 billion (whereas Uber is valued at $120 billion). With an investment of $500 million by General Motors (GM) in Lyft back in 2016, GM gained quite a bit in this IPO, the potential of winning bigger in the future. They are also Lyft’s biggest investors. Lyft Stock Details The particulars of the IPO included 32.5 million Class A shares common stock at $72 per share. Here is a timeline of how Lyft’s stock…

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MARKETING

Affiliate Marketing for Beginners Guide 2019

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Affiliate marketing can be overwhelming if you are just starting out. And until recently, I was in the same boat. So my team and I decided to write this affiliate marketing for beginners’ guide. Let’s start from scratch. I have always been fascinated by the idea of generating passive income that many self-proclaimed internet gurus out there tend to claim. Reading those success stories is inspiring. “Man, I’d like to be there one day,” I said to myself. But after spending years trying to understand how affiliate marketing is done, I found 5 lessons that I feel are the gist of my learnings from over the years. And you should ground yourself in these 5 lessons before you attempt to go into the world of affiliate marketing as a beginner: You need to be good at selling stuff. Just writing a blog post with a bunch of affiliate links is…

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PSYCHOLOGY

170+ Best Quotes About Life, It’s Meaning & the Choices We Make

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Inspiring life quotes can uplift people by instilling in them an uplifting and a positive energy. An energy so strong, that it enables them to conquer a mountain of a task. To others, these quotes about life can help them bounce out of anxiety, depression and the darkest corners of the mind. And then, there are people who either go through a life of turmoil overcoming challenges that most of us won’t even be able to imagine. Or they live a life envisioning and accomplishing something that no one believed was possible. These are people, who achieve a state of self-actualization, or in some cases, a level of transcendence, based on Maslow’s Hierarchy of Needs theory. And they summarize their journey of persistence and perseverance in life quotes so uplifting, that they energize even the most laziest of people. Before we decide on the life-choices we should make for ourselves,…

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CONSUMER BEHAVIOR

Maslow’s Hierarchy of Needs Theory: An In-Depth Overview

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Abraham Maslow

Abraham Maslow’s hierarchy of needs is one of the most well known, referred to, and well-recognized theories of motivation in psychology. Often referred to as the Maslow’s Pyramid of Needs or the Maslow’s Theory of Motivation, it has been used by marketers to understand consumer behavior, by psychologists to decipher why humans behave a certain way and by social scientists to find answers to how societies evolve. Maslow was of the opinion that human needs are structured in a sequential order or a hierarchy. This essentially meant that people in different stages of their lives have different need-states. Over the years, Abraham Maslow, psychology of human needs, and theory of motivation have become synonymous. Quick Summary: Maslow’s Hierarchy of Needs Maslow studied the positive side of human psychology, to uncover what motivates humans, and how can they fulfill their full potential Initially, Maslow organized humans needs in 5 sequential…

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INSIGHTS

Disadvantages of Car Insurance for Auto Owners

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In spite of the numerous disadvantages of car insurance, people can’t get away without buying it for their cars. It is required by law, to get car insurance, if a person intends to drive in North America (in almost all states and provinces). Car Insurance is a necessity in today’s times. It can be a life-saver, in times when a person gets into an accident, or when they are at a risk of incurring losses due to natural calamities. A comprehensive and collision car insurance protects car owners from financial or personal losses caused due to theft, natural hazards, and damages caused by other cars (car slogans of famous brands) and drivers. It also compensates against any damage claims filed for, by third-parties, and provides monetary benefits in the case of death caused by accidents. But there are many disadvantages of car insurance and the auto-insurance industry as a whole, that…

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EDUCATION

18+ Disadvantages of Mobile Phones

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Mobiles phones are a great invention, but we’re not very conscious, or cognizant, of the disadvantages, mobile phones (cell phones) have brought us over the last couple of decades. Even though, I agree, that the advantages far outweigh the disadvantages of mobile phones (or cell phones). That’s a fact. And living without a device today is near to impossible. Unless you belong to a remote jungle tribe (or have been living under a rock). Jokes apart, there are very few people who can survive without mobile phones these days. And I truly salute them for their resistance (not inability or unwillingness), if they are making a conscious effort. This is how most people feel when they forget their phones at home: And this is how they feel when their phone’s battery is about to die: The biggest shift that mobile phones have brought about in modern lives,…

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MARKETING

What Are the Disadvantages of Linkedin

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In our fascination of how Linkedin has evolved the face of professional networking over the years, we never really think about the disadvantages of Linkedin. But despite any disadvantages that there may be, I’m a big advocate of Linkedin. I feel that the shortcomings of the platform, are far less than the benefits that Linkedin offers. It’s a great tool for personal branding. But having said that, it’s purely my opinion, and everyone has a right (and experience) to decide whether there are disadvantages to being on Linkedin or not. Here are 21 Disadvantages of Linkedin that a user might face. 1. Disadvantages of Linkedin in a Professional Capacity Even though this is not a direct disadvantage of Linkedin, but since Linkedin is a public platform, there can be professional situations when people cannot be officially involved in a professional social networking platform like Linkedin. For example, appointed judges…

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