Core Insights - Xerox Holdings Corporation reported its third-quarter results for 2025, highlighting the impact of macro volatility and uncertainties regarding government funding on transactional print [1] - The company noted consistent page volume trends and strong momentum in IT Solutions, reinforcing confidence in its Reinvention strategy to deliver long-term value [1] - The foundation for this strategy is built on the solid groundwork established by Lexma [1] Financial Performance - The third-quarter results reflect challenges due to external economic factors, particularly in the transactional print segment [1] - Despite these challenges, the company is optimistic about its operational performance driven by IT Solutions [1] Strategic Outlook - The Reinvention strategy is expected to enhance productivity and create sustainable value for the company in the long run [1] - The company is committed to accelerating its strategic initiatives based on the established foundation from Lexma [1]

[Music] I've traveled all the way from Sydney, Australia. Australia is famous for its beaches, barbecues, kangaroos, and of course, nine of the deadliest animals on the planet. Between the man-eating sharks, crocodiles, venomous snakes, funnel webb spiders, and poisonous jellyfish, the fact that I'm a woman standing here today in her 50s and I've survived is a miracle in itself. Maybe that should have been my TEDex talk. How I survived living in Australia. Well, you might notice that I have an accent. But i ...

Overcoming Adversity & Reinvention - The speaker lost his sight at 18 due to cancer, forcing him to reinvent himself and learn Braille [2] - The speaker emphasizes the importance of adaptability and accessibility to life, not just for people with disabilities, but for everyone [2] - The speaker highlights the role of sports in mental and emotional well-being, referencing his participation in paralympic events [2] Achievements & Inspiration - In 2018, the speaker climbed Pico de Orizaba, the highest mountain in Mexico, reaching an altitude of over 5630 meters [4] - On May 23, 2023, the speaker became the third blind person in the world to climb Mount Everest, which stands at 8848 meters [9] - The speaker encourages the audience to write their own stories with strength and impact, leaving a lasting impression [11] Personal Loss & Resilience - The speaker's mother passed away in 2021, which was a difficult time, but he honored her memory through his mountain climbing achievements [8]

Overcoming Adversity & Reinvention - The speaker, Rafa Jaime, shares his personal journey of losing his sight at 18 due to cancer and how he reinvented himself through sports and storytelling [2] - The narrative emphasizes the importance of adaptability and resilience in the face of life's challenges, highlighting the need to rewrite one's story when circumstances change [2][11] - The speaker underscores that limitations are often perceived, and individuals should strive to be accessible to life, adapting to different situations [2] Sports as a Tool for Empowerment - Sports, particularly mountain climbing, became a fundamental tool for mental and emotional strength, enabling the speaker to challenge perceived limitations [2][5][6] - The speaker summited the Pico de Orizaba, Mexico's highest mountain at over 5630 meters, demonstrating the power of adaptation and strength [4] - The speaker highlights the significance of mountains as a metaphor for life's challenges, where each experience unlocks physical, mental, and emotional fortitude [6][7] Achievement & Inspiration - The speaker achieved the feat of being the third blind person in the world to climb Mount Everest, reaching a height of 8848 meters [9] - The speaker encourages the audience to leave a mark on the world that can be felt and heard, even without being seen, emphasizing the power of a compelling story [12] - The speaker inspires the audience to rewrite their life's script with the tools available to them, creating a powerful narrative that resonates with others [11]

Key Takeaways from the Talk - The speaker, Nikita Gandhi, is known as a singer, but also has a background as a dentist [1] - Life keeps changing, plans keep changing, and life takes you to unexpected places [1] - The speaker's topic is "The End is the Beginning," focusing on how to deal with transitions and reinvention [1] Reinvention and Adaptation - It's important to keep evolving and reinventing oneself [2] - The key is to keep becoming a better version of oneself [2] - The speaker advises keeping expectations low and going with the flow [2] The Inner Child - The best way to deal with endings, beginnings, and reinventions is to let the inner child thrive [2] - Amazing musicians and composers are often childish, inquisitive, and always learning [2] - Nurturing the inner child helps with continuous reinvention [2] - Doing things that bring joy helps keep the inner child alive and prepares one for the next beginning [2]

Financial Performance - Revenue remained relatively stable at $1.58 billion, reflecting a (0.1)% change at actual currency (AC) and a (1.1)% change at constant currency (CC) [6] - Adjusted operating margin increased from 3.7% to 5.4% [7] - Free cash flow was $(30) million, compared to $115 million in the previous year [8] - Adjusted earnings per share (EPS) improved to $0.29 from $(0.64) [10] Strategic Initiatives and Acquisitions - The company acquired Lexmark in July 2025, expecting to drive operating efficiencies and increase competitiveness in the A4 print segment [13] - The acquisition of ITsavvy doubled IT Solutions (ITS) revenue and enhanced the ITS offering [13] - The company expects to realize more than $250 million of total synergies within two years of the Lexmark transaction close [23] Segment Results - Print & Other segment revenue decreased by (8.6)% AC and (9.7)% CC to $1.366 billion [37] - IT Solutions segment revenue increased significantly by 153.6% AC and 152.4% CC to $213 million, driven by the acquisition of ITsavvy [40] Guidance and Outlook - The company expects Lexmark to contribute around $1 billion of revenue and $100 to $110 million of adjusted operating income in 2025 [34] - Free cash flow guidance for 2025 was revised to approximately $250 million, reflecting tariff expenses and accelerated Lexmark synergy implementation costs [34]

Career & Personal Development - College is more than academics; it's about self-awareness and enhancing the relationship with oneself [5] - It's crucial to stop, rethink, reassess, and recalibrate based on strategic thinking, taking advantage of broad opportunities [7] - Taking a break for reflection can reveal true skills and strengths, potentially leading to a career pivot [9][10] - Discarding a prestigious but unfulfilling identity can be challenging but necessary for personal fulfillment [11][12] - Reminding oneself of one's "why" and prioritizing long-term fulfillment over short-term validation is essential [14][15] - Overcoming the sunk cost fallacy is important to avoid continuing on a path that isn't the right fit [17][18] - Cultivating a childlike curiosity and a beginner's mindset can help in embracing new challenges [20][21] - Taking calculated risks and having anchors for stability are important when dealing with uncertainty [22][23] Decision Making & Strategy - Redefine your goals until they align with something you can be the best in the world at [25] - Avoid premature decisions; give new endeavors sufficient time before judging their suitability [27][28] - Make decisions with a neutral frame of mind, avoiding biases from temporary emotions [29][30] - Be open to unexpected opportunities and avoid tunnel vision, maintaining mental fluidity [31][32]

Industry Focus - Entertainment industry discusses the unwritten rules of reinvention [1] Source - Natasha Bedingfield shares insights on reinvention in entertainment [1]

Company Strategy - The company faces its toughest job yet—remaking itself [1] - The company is a self-styled reinvention powerhouse [1]

Career & Entrepreneurship - Shivansh Jindal, CEO of Merchant Records, shares his journey of redefining success and reinventing himself [1] - From Bain consultant to launching a music label and building a tech app and fashion brand, Jindal highlights the struggles behind success [1] - The talk emphasizes the courage to reset, humility to return home, and ambition to create a life of freedom, purpose, and human connection [1] Music Industry & Business - Merchant Records is a boutique music label focusing on indie and classical-infused pop [1] - Jindal blends classical elements with modern songwriting to make Indian music accessible to wider audiences, having trained in Hindustani classical music for nearly 15 years [1]