Welcome to the Tuesday edition of Startup Strategist by StratupAI. Let's dive in!

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News stories

1) FedEx announces commerce platform for merchants (TechCrunch)

According to TechCrunch, “The platform will likely compete against Amazon by offering merchants services like demand generation, fulfillment, tracking, and post-purchase experiences including returns.”

2) AI to hit 40% of jobs and worsen inequality, IMF says (BBC)

According to the BBC, “Higher-income and younger workers may see a disproportionate increase in their wages after adopting AI [while] lower-income and older workers could fall behind, the IMF believes.”

Resource

“Metrics & Analytics for startups: “The 20 best essays and videos”

(not sponsored)

Focus

For many, especially the youth, one of the factors holding them back from creativity, originality, and productivity is the overuse and misuse of phones and social media. Distractions hinder individuals who aspire to work on startups.

Assessing your situation is simple. Check your screen time. (As well as the distribution of apps used.)

I was at a bookstore recently, and after perusing the shelves for an hour or so, a book that appeared relevant was Stolen Focus (Hari).

It’s by a journalist who attempts to make sense of the information overload and “stolen focus” that we face today more than ever.

Distractions not only reduce productivity during the distraction, but also for a significant time after returning to the original task, Hari finds.

From a productivity standpoint, many underestimate the impact screen time has.

Social apps are algorithmically incentivized to retain you for as long as possible, diminishing your productive time.

It's not necessarily great to read troves across a range of topics if it's overly sacrificing depth for breadth, as well as distracting you from what you should be doing. 

There is much discretion in this regard, and what counts as a harmful distraction is somewhat subjective. 

We’ll try to develop this newsletter so it's useful by developing a more focused content strategy, so we don’t overly sacrifice on depth. 

Our strategy will be designed with what we think is useful for us to learn, and in turn, hopefully, you may learn something valuable.

Ensure you have a substantial distraction-free block of time during the day, if possible.

When changing habits, one might consider gradually reducing unproductive-screen-time, rather than reducing it abruptly (given the heightened risk of reverting to past habits). From there, find a healthy level that works for you.

That’s all for today, thanks for reading. See you on Friday.

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Business illustrations by Storyset: https://storyset.com/business  

Disclaimer: The startup ideas shared in this forum are offered for general consideration and discussion. Individuals utilizing these concepts are encouraged to exercise independent judgment and undertake due diligence per legal and regulatory requirements.