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"The tangible benefits of #Brexit." A thread.
For the EU, the tangible benefits of Brexit have been immense. Not just in the way it has galvanised support for the EU across the bloc, but in the way that the UK has made itself...
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$1.6 trillion as of October this year.
That is an INSANE amount.
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https://t.co/6bOSSVJM4C
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(This matter doesn't get much coverage by Britain's Brexit press... I wonder why...)
For the UK, the tangible benefits of Brexit have shockingly few and far between.
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More from Brexit
The key questions are:
1⃣ Given the model of Brexit chosen, could this have been prevented, and by whom?
2⃣ Can it get better?
#Brexit & #fishing: True to their word, it looks like British #seafood exporters are taking their concerns around #trade to the streets of London #Brexality pic.twitter.com/CIqmDQR69d
— Bryce Stewart (@BD_Stew) January 18, 2021
2/ To put those another way:
"If you knew everything you needed to know and did everything right, is your existing business and delivery model still viable and competitive?"
The answer to that question determines if for you the problem is Brexit, or how Brexit was delivered.
3/ Some of the challenges at borders could have been prevented while still having the exact same model of Brexit (No Single Market, No Customs Union, but an FTA).
That they're appearing is an implementation failure and you can fully support Brexit but still be pissed about them.
4/ Examples include:
1) Government guidance and IT systems being ready earlier and/or easier to navigate;
2) More support for businesses, and more affordable bespoke help;
3) More time to prepare and better government communication about what preparation actually requires.
5/ This thread you've all seen from Daniel Lambert the wine merchant (primarily) deals with problems in this category.
There's no policy reason he can't export his product, but the procedures are a nightmare to navigate and he's badly under-supported.
Over the past 15 days I have not only been running my company as normal but I have been faced with largest threat to its future since it began in 1992. This is #Brexit & here is my thread on just how bad things are getting. 1/26
— Daniel Lambert (Wines). \U0001f1ea\U0001f1fa\U0001f1eb\U0001f1f7\U0001f3f4\U000e0067\U000e0062\U000e0077\U000e006c\U000e0073\U000e007f\U0001f347\U0001f942 (@DanielLambert29) January 16, 2021
Disgraceful and shabby if true: not only ideologically blinkered, but ashamed to admit its ideological blinkers and their consequences. https://t.co/7PgOEogTlA
— George Peretz QC (@GeorgePeretzQC) January 9, 2021
The position that we now have now (no relevant provisions under the TCA) is complicated. For EU musicians visiting the UK see
See here a summary of what is permitted from U.K. POV. https://t.co/HkdRlubySr
— Luke Piper (@Pipermigration) January 10, 2021
In essence the UK permits foreign (including EU) nationals to stay up to 30 days to carry out paid engagements, but they must (a) prove they are a professional musician and (b) be invited by an established UK business.
Either condition could be tricky for a young musician starting out and wanting to play gigs. And 30 days isn’t long enough for a part in a show with a run.
Longer stays require a T5 visa - which generally requires you to be in a shortage occupation (play an instrument not played in the UK?) or to have an established international reputation.
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Like company moats, your personal moat should be a competitive advantage that is not only durable—it should also compound over time.
Characteristics of a personal moat below:
I'm increasingly interested in the idea of "personal moats" in the context of careers.
— Erik Torenberg (@eriktorenberg) November 22, 2018
Moats should be:
- Hard to learn and hard to do (but perhaps easier for you)
- Skills that are rare and valuable
- Legible
- Compounding over time
- Unique to your own talents & interests https://t.co/bB3k1YcH5b
2/ Like a company moat, you want to build career capital while you sleep.
As Andrew Chen noted:
People talk about \u201cpassive income\u201d a lot but not about \u201cpassive social capital\u201d or \u201cpassive networking\u201d or \u201cpassive knowledge gaining\u201d but that\u2019s what you can architect if you have a thing and it grows over time without intensive constant effort to sustain it
— Andrew Chen (@andrewchen) November 22, 2018
3/ You don’t want to build a competitive advantage that is fleeting or that will get commoditized
Things that might get commoditized over time (some longer than
Things that look like moats but likely aren\u2019t or may fade:
— Erik Torenberg (@eriktorenberg) November 22, 2018
- Proprietary networks
- Being something other than one of the best at any tournament style-game
- Many "awards"
- Twitter followers or general reach without "respect"
- Anything that depends on information asymmetry https://t.co/abjxesVIh9
4/ Before the arrival of recorded music, what used to be scarce was the actual music itself — required an in-person artist.
After recorded music, the music itself became abundant and what became scarce was curation, distribution, and self space.
5/ Similarly, in careers, what used to be (more) scarce were things like ideas, money, and exclusive relationships.
In the internet economy, what has become scarce are things like specific knowledge, rare & valuable skills, and great reputations.