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Mish's Global Economic Trend Analysis |
Cars of the Future, Today: a Flying Car and a Self-Balancing Two-Wheeled Car Posted: 16 May 2015 09:59 AM PDT The pace of technological advancement accelerates every year. Here are two car prototypes that highlight the advancement. C-1 Electric Two-Wheeled Car Please consider the C1, a Self-Balancing, Two-Wheeled Car invented by Daniel Kim, founder of Lit Motors. Motorcycles make more sense for single-passenger trips, but they are more dangerous to operate than cars, expose riders to the elements, and require skill to keep upright. Kim, a 35-year-old who wears jeans and a black t-shirt, leads the way to the company's prototype solution: the all-electric C-1. It has two wheels, like a motorcycle, but a steel and composite outer body, like a car. He invites a visitor to sit inside the C-1 and sway from side to side. The vehicle, emitting a steady hum, stays upright. No kickstand props it up; no third wheel adds stability. "When was the last time you balanced on a motorcycle at zero miles an hour?" Kim rhetorically asks. "Never."C-1 Schematic AeroMobil Next consider the car I want, the AeroMobile. It's a car that flies. AeroMobile Video Link if video does not play: AeroMobile. Mike "Mish" Shedlock http://globaleconomicanalysis.blogspot.com Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific. |
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How do you get to market faster the competition? How do you become more efficient without violating the laws of physics? How do you save time, money and frustration?
It all comes down to decision hygiene:
1. Make decisions faster. You rarely need more time. Mostly, you must merely choose to decide. The simple test: is more time needed to gather useful data, or is more time merely a way to postpone the decision?
2. Make decisions in the right order. Do the decisions with the most expensive and time-consuming dependencies first. Don't ask the boss to approve the photos once you're in galleys, and don't start driving until you've looked at the map.
3. Only make decisions once, unless new data gives you a profitable reason to change your mind.
4. Don't ask everyone to help you decide. Ask the people who will either improve the decision or who have input that will make it more likely you won't get vetoed later.
5. Triage decisions. Some decisions don't matter. Some decisions are so unimportant that they are trumped by speed. And a few decisions are worth focusing on.
You don't need a consultant or a lot of money to radically improve your speed to market. You will speed up once you're comfortable going faster.
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