The Herd with Colin Cowherd Hour 2 - Incentives, Fumbles, Grito's
May 6, 2025
The discussion kicks off with a deep dive into the importance of incentives in both sports and business, revealing how lack of motivation can lead to major fumbles. Highlights include the nostalgic decline of Skype and iconic business missteps! Listeners get in on the action with a fun 'Grito Challenge' for Cinco de Mayo, aiming for prizes and lively exchanges. There’s also a humorous look at missed opportunities in sports history, blending light-hearted banter with critical insights on adaptation and success.
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Incentives Drive Performance
- Lack of direct incentives leads to poor performance in fighting sports and delivery services.
- Pre-tipping removes motivation for good service since workers are paid regardless of effort.
Skype's Fall to Zoom
- Skype ended after 22 years because it failed to innovate and adapt.
- Zoom overtook Skype by capitalizing on the pandemic's video call demand.
Blockbuster Missed Netflix Buy
- Blockbuster rejected acquiring Netflix for $50 million 25 years ago.
- They chose to focus on no late fees, leading to their downfall and Netflix's rise.