Capitalogix

The Growth of Home Fitness (and Fitness Tracking)

Home fitness isn't a new trend, but we've come a long way from the Aerobics videos of my youth ...

The technology of home workouts has also improved a lot, even before COVID-19 put it into overdrive. 

From YouTube channels with any type of workout you could look for, to simple machines for any type of workout you're looking for. 

I've shared articles before about some of my favorite tools

• Carol – An AI Fitness bike specializing in High-Intensity Interval Training
• Power Plate – Whole Body Vibration to help with stretching and bodyweight exercises
• x3 Bar – Resistance Bands to replace weightlifting equipment
• Tonal – A smart home gym

So, how has the quarantine affected the industry?

via VisualCapitalist

Worldwide, health & fitness app downloads have grown by 46%. With a mass majority of that being in India. On top of downloads, daily active users have also increased by 24% worldwide. 

Is Home Fitness Here to Stay?

Health & fitness apps have been a big part of my arsenal, far before social distancing was a thing, and they'll continue to be an important part of my future fitness plans. 

Many people prefer the gym/class environment for workouts, so home workouts will never represent a major proportion of the market, but it's non-trivial and continues to grow. 

More likely to continue to grow in use are the tracking and mindfulness apps. 

I like several guided meditation apps.

• Calm
• Headspace
• Pzizz

In addition, I like these too.

• Focus@Will (background music for different moods)
• Brain.FM (AI created music to enhance focus, relaxation, meditation, naps & sleep)
• Meditation Music (5-minute songs, inhale at the bell, exhale at the next bell ... repeat)
• Zen Wellness (courses about meditation, Qi Gong, etc.)
• Muse (brain sensing headband and app to help you know whether you are relaxing)

I also recommend:

• Hapbee – A device that lets you choose how to feel
• Apollo Neuro – Wearable wellness and stress relief
• 40 Years of Zen – This is a 5-day program that leverages neurofeedback technology and guidance to help you unlock and expand your potential.

For fitness tracking, I use: 

• Oura Ring (personal health tracker that specializes in detailed sleep tracking & Heart Rate Variability measurement)
• Whoop (similar fitness tracker but targeted towards athletes & recovery)
• Apple Watch

 

Let me know if there is something that I should add to the list.

Here Are Some Links For Your Weekly Reading - September 12th, 2020

Here are some of the posts that caught my eye recently. Hope you find something interesting.

Lighter Links:

• Facebook Robots Shut down after They Talk to Each Other in Language Only They Understand. (Independent)
• Finding Beauty in the Imperfection. (Entrepreneur)
• Colors Evoke Similar Feelings around the World. (NeuroScienceNews)
• Alicia Keys: NPR Music Tiny Desk Concert. (YouTube)
• How Conspiracy Theories are Shaping the 2020 Election and Shaking the Foundation of American Democracy. (Time)

 

Trading Links:

• Trillions What is a Trillion Dollars?(InformationIsBeautiful)
• NYSE Signals It Will Exit New Jersey If State Taxes Stock Trades. (Wall Street Journal)
• There are Now 17,000 Bitcoin Millionaires. (Decrypt)
• Are You an Investor or a Gambler? the Stock Market Knows. (Wall Street Journal)
• JPMorgan Creates New Team to Trade Shares of Pre-IPO Giants Including SpaceX, Robinhood, and Airbnb. (CNBC)

Innovator Mindsets

To some, new technology is a good thing.  To others, less is more.

Most people simply "tolerate" technology transitions, some people drive them, and others crave them and use them as a catalyst for growth or strategic advantage.

In the image, above, the blue line represents consumer adoption (taken from Geoffrey Moore's "Crossing the Chasm", while the yellow line represents market share. 

As you can see, only 2.5% of the population drive innovation (or adopt it early enough to help drive the Alpha & Beta versions of emerging technologies). 13.5% make up the Early adopters, who help get it ready for the mainstream.  Then the early and late majorities are the groups that ultimately consume (or use) the mature product. Meanwhile, Laggards are often forced kicking and screaming into “new” technologies as the early adopters are well on their way to subsequent iterations. 

Even if you are not an innovator, here are a few Innovator Mindsets that I find useful. 

1. You Believe There’s A Better Way
   • Wherever you are, you know that there is a best next step and you are eager to find it and take it.
   • You recognize that the opportunity for more (or better) often lies just beyond the constraints or problems of the current way.
   • The bigger future fuels your efforts. When initial excitement fades, understanding what the bigger future can bring helps you power through.
2. You Are Comfortable Being Uncomfortable
   • You understand that Pioneers sometimes take arrows in the back.
   • When creating a new reality, you expect some resistance as a result of the law of averages. Escaping the status quo takes a lot of momentum, but it’s worth it. 
   • You recognize when victory is near.  In a quirk of human nature, too many people quit just before they would have won. Don’t make that mistake.
3. You Know Where You're Going, Even If You Are Not Sure How You're Going To Get There
   • Your goal should be your North Star. A clear direction is important to ensure that activity leads to progress.
   • Measure progress and momentum rather than the distance from your goal.
   • It is easier to course-correct while in motion.
   • If you’re too committed to a path that isn’t leading in the right direction, you might find what Blockbuster, RadioShack, and Kodak found.
4. You Are Married To Questions (Not Necessarily Answers)
   • Everything works until it doesn’t; and nothing works forever.
   • It’s easy to find an answer and think it’s the right one, but there’s always a best next step or a better way.
   • Figure out what you want and how to get it. This is much more empowering than focusing on what you don’t want or why you can’t get it.
   • Ask questions that focus on opportunities or possibilities rather than challenges or what you want to avoid.
   • Energy flows where focus goes.
   • Commit to finding a way!

I plan on sharing more Innovator Mindsets.  Let me know what you think.

I Can't Believe It's Not Steak! (Yes, I Can)

Last week we talked about emerging technologies ... not mentioned were emerging technologies in the meat space. 

Most of us have seen the meat alternatives grow in popularity with vegan sausages, hamburgers & more. In fact, the meat substitute industry is valued at around $5 Billion, and is expected to grow to 8.1 billion by 2026.

I've tried an impossible burger, and while it's certainly not as good as a hamburger yet - it's better than I expected. 

The most recent innovation is 3d-printed meat. Yes, you can print steak. Now, 3D bioprinting is still very early in its lifecycle and is primarily being used for medical purposes. Theoretically, down the line, it could be used to create meat that didn't come from a true living animal. 

Today, however, an Israeli start-up is printing plant-based steaks that supposedly match the taste and texture of steak better than alternatives. 

via Reuters

Supposedly, 3D printing allows you to better capture the muscle, blood, and fat that characterizes real meat. 

These steaks are expected to be available at high-end European restaurants before the end of the year ... Would you try one?

Perhaps the most important question, if you could eat a steak that didn't come from a cow, but you couldn't taste the difference, would you be willing to switch?

At some point, I think it is likely for practical sustainability issues.

We live in interesting times!

It's Not About The Nail...

Apparently, a lot of wisdom can be learned from nails. I've shared the story about the Nail in the Fence in the past. 

This week a funny video called "It's Not About The Nail" recycled through my inbox again. 

Have you seen it yet? It has had 20+ million views across various social media and syndication sites.  So, you've likely run across it even if you haven't watched it.

 

 

via Jason Headley

The short version is that a woman tries to communicate with her significant other about her headache, which he quickly identifies as (literally) a nail in her forehead, with a seemingly obvious solution: Let’s get rid of that nail. She insists that that is absolutely NOT the problem, and if he would just listen to her, that would be clear to him. She explains, clarifies, objects, etc. Eventually, he does see the light ... and gives her not the solution he found so (literally) painfully obvious, but the solution she asked for.

 

"Don't try to fix it. I just need you to listen." It's obvious.

 

Good for a laugh, but, also good as a reminder. Simply put, a problem that may seem apparent to you may not be so obvious to the person with a problem ... and that might be the real problem.

Whether your takeaway is that we often miss the answer right in front of our face, or that we have to be aware of what other people need, or that you can't help people that don't want to be helped ... you're right. 

 

Time Flies - Another Year, Another Lesson

Tomorrow is my 57th birthday. I can't believe how time flies. Birthdays seem to come more quickly as you get older.

It makes sense, though, I suppose. When you were four, a birthday represented a quarter of your life. Now, a year represents a much smaller percentage.

While it's not always pleasant getting older, it sure beats the alternative.

I made a concerted effort this year to make strides towards being more healthy, fit, and vital in mind, body, and spirit.  If you are going to live longer, your future has to be compelling.  I always strive for my future to be bigger than my past.  

As time marches on, I become increasingly grateful for the friends and family who share the journey with me. 

When I was a kid, I couldn't imagine being where I am today ... nor could I imagine the path that got me here. Looking back, it all seems to make sense (even though it felt pretty random while making my way through it).

I feel lucky to have been in the right place at the right time, so consistently, and to find the gift in most situations (even when it seemed so well hidden).

I'm grateful for a lot today, and as much as I love innovation, sometimes things are perfect just the way they are. 

Hopefully, you took time this weekend to let someone know they're important to you. If not, now is a good time for that too!

Let's Play: News Segment or Propaganda Piece?

There is nothing wrong with your television.  We will control all that you see and hear. We can deluge you with a thousand channels or expand one single image to crystal clarity and beyond. We can shape your vision to anything our imagination can conceive.  Enjoy ....

 

The original,, from The Outer Limits TV show was: 

There is nothing wrong with your television set. Do not attempt to adjust the picture. We are controlling transmission. If we wish to make it louder, we will bring up the volume. If we wish to make it softer, we will tune it to a whisper. We will control the horizontal. We will control the vertical. We can roll the image; make it flutter. We can change the focus to a soft blur or sharpen it to crystal clarity. For the next hour, sit quietly and we will control all that you see and hear. We repeat: there is nothing wrong with your television set. You are about to participate in a great adventure. You are about to experience the awe and mystery which reaches from the inner mind to the outer limits.

As a society, we're fairly vulnerable to groupthink, advertisements, and confirmation bias. 

We believe what we want to believe, so it can be very hard to change a belief, even in the face of contrary evidence. 

Recently, we've seen a massive uptick in distrust toward news agencies, big companies, the government, and basically anyone with a particularly large reach. 

To a certain degree, this is understandable and justified. Here is an example of the power of the media focused on a message.  Click to watch.

 

via Courier News

Propaganda has always been an issue, and almost everyone does it; governments, companies, etc. Luckily, it's easier to see today than in the past, but unluckily it's also more pervasive and insidious than before. 

It's to the point where if you watch the news you're misinformed, and if you don't watch the news you're uninformed. 

The above segment portrays a rosy picture of Amazon's efforts to protect its workers while delivering essentials to the struggling homebound masses. This comes while Amazon has come under massive fire for removing some of its protections. 

Honestly, I use Amazon and, in my opinion, this isn't a massive breach of trust. News stations have a lot of time to fill, they often have sponsored content.

That being said, it's something to be cognizant of - not necessarily offended by.

Personally, I believe I am reasonably aware and somewhat immune from propaganda. That probably isn't as true as I'd like to believe.

It used to be true that winners wrote history (think empires, wars, etc.). Now, the one that delivers the most broadcast narratives shapes the emotional and seemingly logical responses to what we perceive to be happening around us.

The result impacts elections, financial markets, buying choices, and countless other areas of our life. 

As A.I., Bots, and social media grow, our ability to discern truth from 'truthiness' weakens.

It's a great reminder that what you're seeing and hearing is carefully manufactured, and hopefully, it encourages you to get outside your bubble. 

The Pace of Success

Capitalogix started in my home.  The first employee sat at a tiny desk behind me.  Their job was to exit the trades I entered.  This was an early attempt to avoid the fear, greed, and discretionary mistakes that humans bring to the business of trading.

We started to grow ... and somehow got to 23 people working in my home.  It literally overtook my office, dining room, and the entire upstairs. Neighbors noticed (and expressed their displeasure).

Looking back, it seems crazy (and my wife seems Saintly).  But somehow, at the time, it felt natural. 

Incubating the company in my home, and growing it the way we did resulted in a closeness (a feeling much like family) that pays dividends, even today.

Speed matters ... both fast and slow.  

I shot a video on the subject. Check it out. 

 

 

There is a concept in business expressed by the phrase "measure twice and cut once."  It's much easier to do something the right way from the beginning rather than trying to fix it after you mess it up. 

It saves time and creates a better end result. 

Beginning with the end in mind is powerful.  I often spend what looks like "too much" time imagining the bigger future.  What will things look like when we are ten-times bigger?  Who will we serve?  What dangers will keep me up at night?  What opportunities will we be trying to attract or capture?  What strengths will give us confidence?  Who will we be collaborating with ... and about what?  It helps build a roadmap that makes it easier to understand whether particular activities are aligned with our future (or just something we are doing now). 

I prefer to optimize on the longer-term rather than the shorter-term.  That isn't always possible or practical ... but when it is, that is my preference.

Pace is important - and a focus on "what's the best next step" is an important driver at Capitalogix, but sometimes in order to go fast, you have to go slow. You may miss out on something, but the ultimate payoff is often worth it. 

It's a good lesson for personal growth as well.  There is no right timeline. No one size fits all.  Take your time. Find your path. 

Anna Vital via Adioma

Hope that helps. 

Here Are Some Links For Your Weekly Reading - June 28th, 2020

 

Here are some of the posts that caught my eye recently. Hope you find something interesting.

Lighter Links:

• Air Travel Data Suggests China Had Nearly 40 Times the COVID-19 Cases They Reported. (VFTW)
• Airlines Tried Social Distancing on Board. For Many, that Experiment is Ending. (Chron)
• MLB Targets 60-Game Season Starting around July 24, Assuming Conditions Met. (ESPN)
• Doomscrolling is Slowly Eroding Your Mental Health. (Wired)
• Photos Show Devastation Unleashed on Terror Leaders by Sword-carrying Ninja Bomb'. (MilitaryTimes)

 

Trading Links:

• Delta Could Furlough More Than 2,500 Pilots, Will Close 3 Flight Attendant Bases. (ThePointsGuy)
• You Won't Believe How Many Airlines Haven't Survived Coronavirus. How Does It Affect You? (Forbes)
• These Mall Staples Announced Thousands of Store Closures in June. (CNN)
• Here's Why New Traders are Losing Money. (TheStreet)
• Warren Buffett Has Warned about the Dangers of Speculating for Years. Day Traders Aren't Listening. (BusinessInsider)

Generations of Fathers

Happy Father's Day!

Both of my children are adults now. It's strange to consider them fully-functioning autonomous adults – because I remember their childhood like it was yesterday (like worrying whether the soft spot on their heads would ever fill in and harden up, or if they'd ever stop sleeping with a nightlight). 

Today, they're men doing great things,  and I get to be proud of them.  I also get to be proud of my role in their growth and proud of passing down the wisdom of my dad, and his father, and the rest who came before me. 

It has been 20 years since my father died ... Crazy how time flies! He was my best friend and an amazing mentor. His vision for what I could become helped shape and inform my goals, my accomplishments, and yes, me.

For example, after winning the State Championship in the shot put, my dad came down from the stands onto the field.  He hugged me and told me that he knew I could do it. Then, he looked deeply into my eyes and asked whether I was a little disappointed?  "Disappointed?" I asked. "But, Dad, I won."  He looked at me and said, "Winning is great ... but you didn't throw a personal best."   He was proud, and he loved me.   He recognized that winning was important ... but he wanted to remind me that the other throwers weren't my real competition.  

In life, to be and do your best, the competition is really with yourself; and we both knew I could do better.

My Dad believed in setting high standards.  He taught me that most people's lives are defined by their minimum standards.  Why?  Because once those standards get met, it is easy to get distracted and complacent.

One of his favorite sayings was, "The difference between good and great is infinitesimal."  This applies to many things. For example, people who are good take advantage of opportunities; people who are great create them. 

As time goes on, I recognize how much of my Dad is in me. And, likewise, how much his father was a part of him ... and how parts of all of us have somehow become a part of my children. 

 

Me, my dad, and grandfather

My Impact on My Children

I hope I've imparted many important lessons to my children - but one of the most impactful lessons was teaching them to enjoy reading. 

Some parents try to limit the amount of time their kids spend watching TV or playing video games. I tried something different.  Instead, my kids earned their games by reading books. And, they also received more books in the process. 

Here's how it worked. 

When they finished a book, it was their right, and my obligation, to take them to the bookstore for us to pick up the next book together. Likewise, when they finished ten books, it was their right, and my obligation, to take them to the computer store or game store for them to choose any game they wanted.

When they finished a hundred books, they earned a game system. 

There came a point when I wanted one of my sons to start reading grown-up books. He was comfortably reading a particular genre (teen fiction) and didn't want to read the kind of books that I thought he was ready to read (and might enjoy more).  So, I created a bonus system that counted a specific book (it might have been a Tom Clancy novel) as three books.  I didn't force him; I just let the easier path to a reward "whisper" in his ear what to read. Once he finished that, he never went back to teen fiction.

As they started to get into their teenage years, I needed to up the ante a little. So, 500 books meant they got a laptop of their choice. Both boys cashed in and probably felt like they were taking advantage of their dad.

So, Who Got the Better Bargain?

Three generations of Getsons

Fortunately, in child-rearing, everyone can win. My sons love reading to this day - and have learned that they can accomplish anything they set their minds to... one step at a time. 

My sons weren't ever forced to stop watching TV, or read a certain type of book, and always had endless things to keep them entertained. 

Win-win. 

I like to think each generation becomes better (as people and parents) due to the cumulative experience of the generations that came before them. 

We stand on the shoulders of giants. 

I look forward to seeing how my (eventual) grandchildren turn out, and how little pieces of me and their great-grandfather show up. 

Hope you had a great weekend.