Latest news with #EO
Daily Mail
12 hours ago
- Business
- Daily Mail
Five Networking Groups Every Small Business Owner Should Consider in 2025
When a Sydney tech founder's payment infrastructure imploded faster than a social media trend due to a high dispute rate, she didn't panic-search 'crisis management consultants' or spiral into a doom-scroll. She tapped her Entrepreneurs' Organisation Forum, and was introduced to the right person with the right authority at her faceless payment provider company faster than you could say 'online meeting.' Forty-eight hours later, her crisis was ancient history; a testament to EO's on-demand lifeline for founders. Welcome to the age of strategic solitude-busting, where 45% of entrepreneurs report stress levels that make Wall Street traders look zen, and isolation has become as common as AI-generated headshots. With business failures hitting record highs (November 2024 saw 1,442 Australian companies flatline, the worst month in recorded history), the question isn't whether entrepreneurs need peer support, but whether they can afford to network with anything less than the A-list. The Loneliness Epidemic Recent sentiment analyses of thousands of online forums reveal founders oscillating between existential dread and Navy SEAL–level coping strategies. Yet 70% of new business opportunities still emerge from networking, making isolation not just emotionally devastating but financially suicidal. The stats paint a picture grimmer than a Succession season finale. Half of CEOs feel lonelier than a crypto evangelist at a climate summit, while 82% of entrepreneurs deem mentorship as essential as wifi. The remedy? Five networking powerhouses that have turned peer support from transactional glad-handing into transformational strategy. 1. Entrepreneurs' Organisation: The Led Zeppelin of Business Networks With nearly 20,000 members across 220 chapters, including 17 across Asia Pacific, EO has achieved global relevance without sacrificing intimate authenticity. This year's Global Leadership Conference in Hawaii drew 1,600 entrepreneurs from 60 countries, featuring globally-recognised luminaries from Deepak Chopra to Marcus Lemonis, making Davos look quaint. EO's signature Forums unite 8–12 founders monthly under stricter confidentiality than a Supreme Court leak investigation. 'In EO, you learn to ask the tough questions and listen for your own answers,' explains EO's Asia Pacific Chair, sounding more like she's describing enlightenment than networking. Beyond peer counsel, EO's partnerships with Harvard, MIT, and Bond University offer executive education that costs less than YPO's dues while delivering Ivy League credentials. Its upcoming 'EO Fun Japan 2025' in Osaka will coincide with the World Expo, proving that even global learning can be Instagram-worthy. 2. Young Presidents' Organisation: An Exclusive Club with an Expiration Date YPO operates like a velvet-rope nightclub, where the bouncer checks your P&L instead of your ID. With CEOs and Executives who must be under 45 prior to joining and represent companies generating $15 million or more annually, it's the ultimate achievement badge for overachievers. YPO's EDGE conference in Barcelona attracted 2,200 leaders to dissect fractured geopolitics, essential for CEOs managing complex supply chains. But YPO's age gate sparks expiration-date anxiety that makes midlife crises look cheerful. Members face an awkward transition to 'Gold' status at 46, trimming benefits and sparking membership whiplash. Its annual dues surpass EO, and with the age limit firmly in place, membership is tantamount to leasing a mega-bucks super car with a 10,000-kilometre cap. 3. Club of United Business: Australia's Soho House for Startups When Daniel Hakim launched CUB at 23, he blended festival cool with Gold Coast glamour, complete with marble baristas and luxury locker rooms. Nine years later, his empire boasts 23,000 members across Sydney, Melbourne, and Brisbane, with clubhouse openings timed to major international events. 'It's not your father's golf club,' Hakim has said previously, offering concierge-level networking for $9,900 AUD a year. But without EO's global lattice or YPO's legacy planning, CUB can feel like a luxury boutique, irresistible within Australia but limited for founders eyeing international scale. 4. Business Network International: An Impressive Network BNI has engineered networking into a super clever algorithm. Its 330,000+ members across 11,200 chapters generated $25.2 billion in member-to-member referrals in 2024, under a 'one profession per chapter' rule stricter than Olympic doping tests. Weekly meetings run like accountability boot camps, best for service-based entrepreneurs craving instant ROI rather than transformational growth. At about $2,500 USD annually, BNI delivers transactional networking with measurable dividends, but its transactional zeal can leave growth-hungry founders wanting deeper counsel. 5. The Executive Centre: Workspace with Serendipity on Tap TEC offers premium coworking from $400 USD per month, spanning 150+ global locations from Singapore to London. Its harbour-view lounges and barista-grade coffee foster chance encounters that can spark partnerships, but without curated peer forums or confidentiality protocols, TEC remains a workspace theatre, not a true advisory network. Robert How, TEC's Australia Country Director, touts double-digit revenue growth and expansion across financial districts. The Verdict: EO Reigns Supreme in 2025 In a world awash with AI-powered match-making apps and virtual business conferences, EO's decidedly human approach feels both revolutionary and timeless. While competitors focus on demographics, amenities, or referral volume, EO tackles the root cause of entrepreneurial failure (isolation) through confidential Forums that forge psychological safety nets stronger than any algorithm. It's not-for-profit structure channels every dollar back into member value instead of shareholder dividends, fostering peer environments where founders share vulnerabilities without commercial agendas. From Serengeti sunrise treks to Harvard case studies, EO blends professional rigour with personal renewal with a holistic model that others struggle to replicate. As entrepreneurs navigate AI disruption, supply-chain shocks, and global volatility, choosing the right network isn't about prestige or perks; it's about survival. EO's blend of global reach, founder-for-founder empathy, and transformational learning creates the lifeline that turns isolation into connection, one Forum at a time. In 2025, settling for anything less than EO isn't just short-sighted. It's entrepreneurial malpractice.
Indian Express
14 hours ago
- Automotive
- Indian Express
Tirupati temple trust increases its free bus fleet, plans security revamp
As the number of pilgrims visiting Tirumala steadily climbs, the Tirumala Tirupati Devasthanams (TTD) on Thursday increased its free bus services for devotees within the temple town. The trust has also been planning to overhaul its security infrastructure, especially at the checkpoint near the Sri Venkateswara Temple. On June 15, the temple saw a peak footfall of 90,815 pilgrims, with the waiting time for darshan extending to approximately 18 hours. Flagging off a fleet of compressed natural gas (CNG) buses operated by the Andhra Pradesh State Road Transport Corporation (APSRTC), TTD Additional Executive Officer (EO) C Venkaiah Chowdary said the initiative aims to address both environmental and financial concerns. 'Devotees can travel in these buses free of cost to various destinations within Tirumala. The service has been launched to curb the high fares charged by private operators and to reduce pollution,' Chowdary said at the launch event at Ashwini Hospital Circle. Officials said that most private vehicles operating in Tirumala are diesel-run jeeps, which not only charge exorbitant fares to ferry devotees to other temples and tourist spots but also contribute significantly to pollution. The initiative has an added goal of discouraging the entry of diesel vehicles into the hill town. Until now, TTD operated a limited fleet of free CNG buses under the 'Srivari Dharma Rathas' service, running approximately 300 trips daily on designated routes. However, these did not cover all of Tirumala. The APSRTC buses will now run parallel to the existing service, with a bus available every two minutes, which is down from a wait time of eight minutes, officials said. In a separate development, TTD is preparing to revamp its security infrastructure in anticipation of a further rise in daily footfall, which is expected to cross one lakh pilgrims in the near future. TTD Executive Officer J Syamala Rao and Additional EO Chowdary held a review meeting Thursday to discuss plans to modernise the Alipiri Check Point, where all vehicles, luggage, and pilgrims are screened before proceeding up the hill. Currently, the checkpoint operates with a basic security setup. Officials said TTD now wants state-of-the-art scanning systems and faster checks to reduce congestion. RAXA Security Solutions, a GMR Group company, made a presentation on its suggestions to upgrade the checkpoint. The EO asked the firm to propose both short- and long-term solutions to accommodate increasing crowds. While a final contract is yet to be awarded, the EO has directed TTD's Vigilance Wing to begin some immediate measures. These include installing physical barriers to prevent people from bypassing the check while personnel are busy with others, and replacing the existing luggage scanners with rugged, high-capacity ones. The number of scanners will be increased, and authorities will explore the feasibility of extending the luggage conveyor belts to speed up the process. Additional security personnel will also be posted to activate two currently unused lanes at the checkpoint. Meanwhile, TTD has proposed to the Ministry of Civil Aviation that the Renigunta airport near Tirupati be renamed as Sri Venkateswara International Airport. TTD Chairman B R Naidu said that he wants the airport to 'reflect Tirumala's spiritual aesthetics'.
Yahoo
6 days ago
- Business
- Yahoo
GitHub's CEO says startups can only get so far with vibe coding
Founders can use AI to launch a startup, but GitHub CEO Thomas Dohmke says they still need developers. At VivaTech in Paris, Dohmke said a startup built with coding assistants "doesn't have much value." Startups would struggle to attract investors without developers building complex systems, he said. AI tools can lower the barrier to launching a startup, but scaling them still requires technical expertise, GitHub's CEO has said. Speaking on the sidelines of VivaTech in Paris, Thomas Dohmke said over the last two years, he's observed companies go from needing convincing to use AI to "a lot of FOMO" in the market. AI coding assistants can now help non-technical founders create a startup with a small team and no external funding, he said during a Q&A at Station F, a startup campus. But as more startups use vibe coding tools to build products using natural language prompts, it's harder to stand out among investors. "The investors would ask, 'Why would I invest in you instead of the 10 other people?'" Dohmke said, adding that bootstrapping startups predominantly built with coding assistants wouldn't necessarily have "as much value." He added that a "non-technical founder will find it difficult to build a startup at scale without developers," because they "can't build a complex system to justify the next round." "The value of your startup isn't defined by what you can develop using cheap measures," Dohmke said. Startups would still need a deeper understanding of how their systems operate, he added. GitHub, which was acquired by Microsoft for $7.5 billion in 2018, has over 150 million users worldwide who create and share code on its platform. The company's Copilot tool provides coding suggestions and explanations for human developers. Vibe coding has raised questions about the demand for software developers and the skills that are most valuable in the AI era. In an April "EO" podcast, Dohmke said he had "never seen anything more exciting" than today's AI-driven engineering boom. However, he stressed that "every kid, every child, should learn coding" because knowing when to rely on one's own code still matters. Speaking at VivaTech, Dohmke said software engineers still need a "willingness to learn" about how to use AI prompts when coding and when to use an AI agent. "If I figure out how to write a prompt for something I can do myself, it's a waste of time," he said. "It's about the prompting skills, but also knowing when not to use the prompt." Read the original article on Business Insider Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
13-06-2025
- Business
- Business Insider
GitHub's CEO says startups can only get so far with vibe coding
AI tools can lower the barrier to launching a startup, but scaling them still requires technical expertise, GitHub's CEO has said. Speaking on the sidelines of VivaTech in Paris, Thomas Dohmke said over the last two years, he's observed companies go from needing convincing to use AI to "a lot of FOMO" in the market. AI coding assistants can now help non-technical founders create a startup with a small team and no external funding, he said during a Q&A at Station F, a startup campus. But as more startups use vibe coding tools to build products using natural language prompts, it's harder to stand out among investors. "The investors would ask, 'Why would I invest in you instead of the 10 other people?'" Dohmke said, adding that bootstrapping startups predominantly built with coding assistants wouldn't necessarily have "as much value." He added that a "non-technical founder will find it difficult to build a startup at scale without developers," because they "can't build a complex system to justify the next round." "The value of your startup isn't defined by what you can develop using cheap measures," Dohmke said. Startups would still need a deeper understanding of how their systems operate, he added. GitHub, which was acquired by Microsoft for $7.5 billion in 2018, has over 150 million users worldwide who create and share code on its platform. The company's Copilot tool provides coding suggestions and explanations for human developers. Vibe coding has raised questions about the demand for software developers and the skills that are most valuable in the AI era. In an April "EO" podcast, Dohmke said he had "never seen anything more exciting" than today's AI-driven engineering boom. However, he stressed that "every kid, every child, should learn coding" because knowing when to rely on one's own code still matters. Speaking at VivaTech, Dohmke said software engineers still need a "willingness to learn" about how to use AI prompts when coding and when to use an AI agent. "If I figure out how to write a prompt for something I can do myself, it's a waste of time," he said. "It's about the prompting skills, but also knowing when not to use the prompt."
NDTV
10-06-2025
- Business
- NDTV
"Office Ke Bahar 10 Bande Le Aaunga ": Delhi Employer Shares Shocking Threat From New Employee
Hiring a new employee is often an exciting milestone for any business owner, marking growth and new possibilities. However, for a young entrepreneur in Delhi, what began as an optimistic step forward quickly spiralled into a nightmare. In a detailed post shared on Reddit, the man, who works at his father's furniture shop, recounted a harrowing experience with a newly hired employee that left him shaken. The employer said he hired the man through a job portal, but he failed to show up on the agreed-upon joining date, citing illness and delaying his start for 3-4 days. When he finally arrived, the employer wasn't present, and the employee called to say he had come only to talk. The next day, he worked briefly and requested Rs 500 for an ultrasound. "The guy didn't show up on the joining date and kept delaying for about 3-4 days, stating some health issues. He came 4 days after the joining date (when I wasn't available in the office due to some personal commitment), called me and said he only came to talk to me. He came the next day, did some work, asked for 500 rupees at EO,D stating he needed them for ultrasound, which is weird because: Who the hell asks his employer for such a favour?" he wrote on Reddit. See the post here: I got threatened by prospective job candidate by u/Prestigious_Cold9315 in IndianWorkplace The employee then didn't show up for three more days and then demanded an additional Rs 350 to meet his expected daily wage of Rs 850. When his demand was refused, he resorted to threats, claiming he would bring 10 people to the office. "He didn't come for 3 more days, and randomly called me today and said "Sir mai aapke saath kaam nahi kar paaunga, mera per day 850 banta hai, aap 350 aur dedo." I refused, in response to which he threatened me and said "Mai jaat hu, office ke bahar 10 bande le aaunga kal.", called me multiple times as well," he added. The incident has sparked discussions online about the challenges small business owners face, particularly when navigating hiring decisions without robust systems in place. Many on Reddit expressed sympathy, sharing similar stories and offering advice on how to vet employees more thoroughly. Some advised him to file a police report against the employee. One user wrote, ''File a police complaint. Let the police handle this. Get an employment contract in place in future if you don't." Another commented, "Did you not have him sign a contract of some kind? Where does it specify the terms of termination, minimum terms, notice period, leaves, etc? If not, you should in the future." A third said, "Have you rolled out an offer letter? If he has not turned up for a few days, he should be given a salary cut in the first place. If you give in, he might try such tantrums again, knowing you got scared. Also, hope you have CCTV around in office. You can launch a police complaint if you have the call recording, but only if you have a decent hold in the department." A fourth added, "You my friend ended up hiring a fraud. Anyway he will not do anything. Block him and do your work. Hire someone else and do a proper background check."
