Shopify's Incredible Growth

Hai Everyone. How are Christmas preparations coming up? Ready to meet Santa? Speaking of Santa, you can meet “THE” Santa Claus in a village named after him in Finland. Santa Claus Village is full of original Christmas charm, for example, the Santa Claus Main Post Office. It's also the home of reindeer huskies and other lovely creatures. Search “Santa Claus Village, Finland” to know more. So welcome to your The Business Card newsletter. We've got everything for you.

Shopify’s growth strategies (2 minute read)

Shopify went from $1.5 to $5.6 billion in annual revenue in 3 years. It did this by addressing a booming industry with an affordable option, including a trial. It also reduced the "Time to Value" to increase activation and retention rate. Passive buyers were converted into active ones through educational content. Finally, it implemented a merchant-focused customer success strategy to activate the growth flywheel. Original Post

Quote of the Day

In 1971, engineers from the Soviet Union ignited a fire in a gas-filled hole in the Turkmenistan desert. Anticipating that the flames would extinguish within days, they were surprised when the fire continued to burn. Now, 52 years later, this site, known as “The Door to Hell,” is still ablaze.

🌐 Latest News💪🏽

The EU looks to artificial intelligence.

After extensive negotiations this week, the EU has agreed on a historic agreement to regulate artificial intelligence. The bill is the first complete set of AI regulations in history and may provide as a model for other nations wishing to control the potent technology, but business leaders have expressed concern that it is overly onerous.

Other Updates

Grok can now be accessed by X premium subscribers (TC)

Lego has built a game inside Fortnite (BBC)

This Is How One College Dropout Built A Multi-Million Dollar 'Healthy Soda' Business