What’s In This Email

• Gen Z and Millennials struggle with money dysmorphia

• How businesses can transition to a product-led growth model

• Hire for values, not just qualifications

• Canada’s recursive island

• Notable Spotlight: Pink Floyd: The Dark Side of The Moon

• Notable Plug 🔌 

✍️ TAKE NOTE

Gen Z and Millennials Grapple with Money Dysmorphia: The New Financial Obsession

A new trend is causing concern among Gen Z and millennials: money dysmorphia. With nearly half of these younger generations fixated on becoming rich, many are experiencing a distorted view of their financial reality, leading to poor financial decisions and heightened stress.

Key Takeaways

• Widespread Obsession: 45% of Gen Z and millennials are obsessed with the idea of being rich, contributing to unrealistic financial expectations.

• Money Dysmorphia Prevalence: 43% of Gen Z and 41% of millennials report experiencing money dysmorphia, significantly higher than older generations.

• Feeling Behind Financially: 48% of Gen Z and 59% of millennials feel financially behind, despite many having substantial savings.

• Financial Impact: Money dysmorphia leads to negative financial behaviours, including overspending, increased debt, and inadequate savings for future goals.

• Comparison Culture: The constant comparison to peers, social media influencers, and celebrities fuels feelings of financial inadequacy.

Why This Matters: Understanding money dysmorphia is crucial in navigating financial wellness. The pressure to measure up to unrealistic standards can hinder progress toward genuine financial stability. By acknowledging this phenomenon and adopting strategies to counter it—such as setting realistic financial goals and focusing on personal progress—readers can foster a healthier financial mindset. This awareness can empower you to make informed decisions, ultimately leading to greater financial security and peace of mind.

Read the full article here.

Transitioning to a Product-Led Growth Model: Key Strategies for Success

The rise of product-led growth (PLG) strategies is transforming how businesses approach customer acquisition, retention, and product development. For companies looking to make this transition, here are three essential tips from industry experts.

Key Takeaways

• Champion Product-First Thinking: Encourage collaboration across all teams—product, sales, marketing, and customer success—to create a seamless user experience. Utilize PLG tools like in-app guides and support articles to break down silos and enhance customer satisfaction.

• Prioritize End Users and Feedback: Focus on building features that address specific user needs. Regularly solicit and incorporate user feedback to improve retention and ensure your product becomes indispensable to its users.

• Empower Your Product as a Marketing Engine: Leverage the product experience as a powerful marketing tool. When users love a product, they naturally share it with others, reducing customer acquisition costs and driving organic growth through word-of-mouth and referral programs.

Why This Matters: Transitioning to a PLG model can offer significant advantages in the competitive digital marketplace. By prioritizing product development and user satisfaction, businesses can achieve sustainable growth and build stronger customer relationships. Embracing PLG can help you stay ahead of industry trends and drive innovation within your organization.

Read the full article here.

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Recursive Island 🏝️ and Recursive Counties 🤔 #recursive #recursiveisland #isolatedplace #border #remoteisland #remote #island #mystery #le... See more

Pink Floyd: The Dark Side of The Moon

An immersive audiovisual experience in the dome of the Society for Arts and Technology

On the occasion of the 50th anniversary of Pink Floyd’s iconic album, experience the immersive audiovisual journey of The Dark Side of the Moon in the SAT dome. The SAT is among the 100 domes worldwide with exclusive rights to this show, exploring the sonic and visual universe of the legendary album.

📍 Satosphère
Montréal, Canada

Get Tickets

Ends August 8th, 2024

🔌  NOTABLE PLUG

🎙️ Get Into It: Valley Heat podcast. Freelance insurance adjuster Doug Duguay uses his self-honed investigative skills to chronicle suspicious activities around his home and neighborhood in the Rancho Equestrian District of Burbank, California. Listen on Apple or Spotify.

📄 Notable Hires: Communications Manager, Beauty @ Procter & Gamble (Contract, Toronto)

🎓 Hope This Helps: Here's how to plan for an amazing Canada Day fireworks display.

🌍 Notable Destinations: Toronto to Rwanda ($1194 - $1700) Dates: September 9 - September 17. Click on this link to see the deal.

🧠 Today We Learned: about "Household Objects", the planned follow-up album to Pink Floyd's "Dark Side of the Moon". It was going to be an album recorded with only common household objects. Only two songs were produced before it was scrapped.

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ABOUT NOTABLE
Notable Life is Canada for young professionals, entrepreneurs, and culture generators operated by The Notable Group. Notable Daily inspires ideas and sharpens the minds of over 40,000 top-tier professionals in competitive industries.

Disclosure: While we utilize artificial intelligence (AI) to assist with certain aspects of content development, all information provided in our content is thoroughly vetted and edited by our team of humans. We strive to ensure the accuracy and reliability of all information. However, we recommend that readers conduct research or seek professional advice to make informed decisions. This email may contain sponsored content.