Netflix Sees Stock Soar

For the past decade one of the top tech companies in the world has been Netflix. While Netflix started as a company that shipped DVDs to people at a more affordable rate, they have continued to disrupt the entertainment industry. After putting traditional DVD rental businesses out of business, they now appear to having a big impact on the traditional home cable service providers. While they have had a negative impact on the traditional cable companies, they appear to be a big hit with investors as the stock for the company went up more than ten percent in value this week (http://variety.com/2017/digital/news/netflix-stock-all-time-high-cash-burn-strategy-1202498605/).

On Tuesday morning, investors in Netflix stock received some great news about the performance of the company. Netflix announced that they had added more than 5.3 million new users in the past quarter of 2017, which was almost twice what the market was expecting. This was just the latest example of growth in the company that has not been matched by any other providers in the country.

Overall, the company reported $2.79 billion in revenue in the quarter, which was just a little bit higher than the estimates. What was surprising to many people was that the company actually reported a smaller net profit of just 15 cents per share compared to Wall Street estimates of 16 cents per share.

While Netflix is clearly a leader in content providing and will continue to have an impact on the entertainment industry, the company does still have to deal with concerns over cash burn. The company has focused a lot on buying content over the past few years. While this has attracted a lot of customers to the service, it has led to a big cash drain. Cash flow was negative $920 million in 2015 and negative $1.7 billion in 2016.

The Advent Of The Autonomous Car

In the near future companies like Apple and Google, which have succeeded in phones and electronic technology, they now can enter a new business for themselves as carmakers. Many of you have probably heard of Google’s autonomous car.. I wonder at what point are we currently developing this car? What can we do in the autonomous car? Can I drive the car even though the car is set to drive itself? How fast can autonomous vehicles be driven? Is there a danger of the threat of online hackers to autonomous vehicles? I also find myself wondering, in how much control will I be if I am driving this car? Will the company have more control over my whereabouts than I do?

Currently, a number of automotive manufacturers are actively developing vehicles with complete autopilot installed systems. Also most cars are equipped with electric motors, which are operated with batteries. For example, the company developed Audi’s autonomous vehicle tentatively called A9. Even the company Mercedes has invested millions of dollars into developing an innovative car of the future, which will be a completely autonomous vehicle operating on autopilot. The development is based on the car’s futuristic concept, which was presented in several exhibition rooms in 2015. The concept was named Mercedes-Benz F 015.

From the beginning, the automotive industry is one that has operated on the legislative level, so it is well known that the driver must sit in the front seat of his car, with hands on the steering wheel. For example, according to most of the laws in western civilized countries, during the ride, the driver should always have both of their hands upon the steering wheel, except his movements change only to shift gears. But with the advent of autonomous vehicles, all of these so called rules of the road, will soon change. For example, with this new development, a designated driver may legally jump into the back seat and take a nap as the car is moving, never having to intervene in the vehicle’s auto-piloted driving. In addition, the driver could sit in the passenger seat now, without even touching the steering wheel, as keeps reading the newspaper while finishing his breakfast.

Greg Secker: The Multifaceted Businessman and International Speaker

When Greg Secker is mentioned in business circles, he elicits an aura of a multifaceted businessman. The 42-year-old businessman has several feathers in his cap. He is a philanthropist, an entrepreneur, master trader and an international speaker. Secker has founded Knowledge to Action group, an umbrella trading company that has several subsidiary companies under its wings. FX Capital, a forex investment service, SmartCharts Software for the latest trading technology and Capital Index which is a new brokerage firm. He also has the Greg Secker foundation which commits to positively impacting and improving lives of people around the globe.

Conversely, Greg says it is important to think of an idea and its outlook in several stages, fall in love with what you vision as the outcome, and then imagine the steps you would take for you to get to the right outcome. Greg believes that freedom of thought, choice, and companies competing for client’s business are a culmination of technology. This is the trend of power dissemination through the major players in the electronic media, and it’s the most exciting.

As an entrepreneur, Greg says having adequate time to think makes him more productive. Furthermore, he says when we have more time to work, we encroach on the time that we ought to take and think, or make something better. Greg once worked in a bar for a short while, but he did not like it. He, however, learned how to deal with people upfront by observing their body language. This helped him in knowing what tact to use for things to run well.

As an entrepreneur, Greg recommends reading books in no particular order. He also likes reading autobiographies of people known for their strong character other than their fame or fortune. Thinking of a strategy, testing it and putting the best foot forward have helped Greg Grow in his business. He says one should truly fear the fear of not doing something that one could have excelled at.

About Greg Secker

Born in 1975, Greg Secker is an English businessman, Founder of Knowledge to Action and author. He has expertise in foreign exchange and international education in financial trading. Greg is an international and motivational speaker and has been invited to speak alongside other notable speakers around the world. Greg Secker is committed to improving the lives of people through his not-for-profit organization dubbed The Greg Secker Foundation.

He has managed to Create and run of the most successful trading companies in Europe. He is committed to helping people learn how to become successful entrepreneurs. He is married and has three children.