August 21, 2019

Business

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How Self-Driving Cars Could Shape Our Future

Business
Self-driving cars are a shared ambition among Google, Tesla, Apple, Uber and Lyft, among other automotive, tech and ridesharing companies. For Uber and Lyft specifically, it's a matter of cutting costs. However, fiscal expediency is not the main benefit of this emerging technology. Roughly 94 percent of traffic accidents are caused by human error, and to many, autonomous vehicles (AVs) seem to be our only path toward lessening related fatalities. In addition, driverless cars have other benefits, such as lower fuel consumption, lower CO2 emissions and a reduction in congestion. Here are the main ways they stand to change our lives and carve out a lane in the consumer marketplace, as well as the challenges this fledgling sector will need to overcome....
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3 Lessons From 3 Years As an Entrepreneur

Business
Saying that entrepreneurship is not for the faint of heart is an understatement. Being an entrepreneur is a risk. It involves a level of uncertainty that can bring even the biggest of business giants to their knees. Statistics show that many businesses fail within the first few years. If we dig a bit further, it's fairer to say those who run the businesses have failed, and you don’t want to be one of those people.The thing about leaping into the unknown is that there's one subject that you’ll have to become the most acquainted with that no one else can tell you much about -- you. Entrepreneurship teaches you things about yourself that you never knew, exposing what you need to grow into who you were created to be. Naturally, as you learn more about yourself, you'll learn more about your identity as an entrepreneur, helping position you (hopefully) for greatness. Here are three things that being an entrepreneur will teach you about yourself if you’re open....
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This Is Weed You Can Wear

Business
After a career in fashion spanning over 20 years, branding guru Ann Skalski began to wonder if it was time to make a change. Cannabis was an industry she was drawn to both personally and professionally, so when executives at Double Barrel, the world’s first dual chamber oil vaporizer, called Skalaski was intrigued.“I always wished that I had a more proper or civilized way of consuming this flower, something that lived up to the other things that I would have in my room or on my dresser,” she says. Double Barrel was just that: Two barrels are set atop a stylish knuckle ring, allowing consumers to inhale two different strains of vape simultaneously....
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These Are Top 100 Cannabis Companies in the World

Business
Call it Reefer Gladness. Today the editors of Green Entrepreneur unveiled our first-annual “Green 100” list, (plus 21 to Watch) saluting the best cannabis products, services, and events in the market. This also marks the first anniversary of Green Entrepreneurs’ entry into the market. So happy birthday to us!Related: Welcome to Green EntrepreneurThe Green 100 celebrates a diverse range of companies, from startups such as Wana Brands (inventors of the widely popular cannabis gummy) to Anheuser Busch/In Bev, which is poised to enter the THC-infused beverage market. The list focuses on certain key sectors of the industry including: CDB/Hemp, Conglomerates, Dispensaries, Edibles, Events, Flower, Investment, Oils, Vapes, Tinctures, Professional Services, Seed To Sale, Technology, and Big Business. ...
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3 Reasons Why I Gladly Welcome Competition

Business
After vying endlessly for the attention of your target market, you've hit the jackpot: They understand your brand identity, and they’re buying what you’re selling. Suddenly, the competition swoops in with a trendy product, a viral campaign or a celebrity spokesperson. Now you feel like the kid in the back of the class wildly waving your hand and shouting, “Pick me! Pick me!” to no avail.Setting your company apart in your industry is an enormous challenge, and it can be devastating when a competitor steals your thunder. But there’s no need to fear competition. In fact, you should embrace it. What I’ve learned over the last 14 years of building my business is that competition will always be around and, if harnessed correctly, it will push you to strengthen your brand. ...
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4 Steps to Monetize Your Social Media Following

Business
Pena started using social media while seeking a career as a professional soccer player. He knew Instagram was his best chance at getting noticed from the Dominican Republic, and through a lot of trial and error, he figured out how to successfully grow his social media platforms and monetize them. Now he runs Online CEOs to help other entrepreneurs do the same.Here are Pena’s top four tips to accelerate your social media marketing:People think that they need a big following to grow their Instagram, but that is not true,” Pena says. “You can monetize any Instagram account with a hundred followers. It all comes down to building relationships.”...
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Why More Knowledge Won't Make You More Successful

Business
From the time we’re young, we’re taught that knowledge is power. Our education system evaluates students based on their ability to cram as much information as possible into their heads.Similarly, in today’s startup climate, it’s tempting to think that learning more will strengthen your competitive advantage. And we can satisfy our knowledge craving literally any time of day, through thousands upon thousands of online courses available 24/7 -- digital marketing to blindfolded origami, there’s probably a course for it out there. In fact, almost 80% of U.S. companies offer online training for their employees....
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Free Online Courses That'll Help You Earn More!

Business
In order to stay competitive in this job market, you’ve got to keep your skills “up to snuff” and constantly think about ways to expand your know-how. It’s not enough to hang a fancy diploma on the wall and rest on your laurels anymore -- employees must up-level their skills and seek new challenges both at and outside of work. One of the best ways to do that? Take a class on an in-demand topic.From Mandarin language classes to computer programming bootcamps and digital marketing workshops, there’s a course for almost anything. Plus, many classes are offered for free online. It’s never been easier to learn a new skill and get ahead in your current role, or in a new gig....
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How to Preserve Your Paycheck (and Turn It Into Savings)

Business
In this video, Entrepreneur Network partner Brian Tracy dives into a few tips that experts use to improve their savings. To start, avoid impulse purchases. The more time you have time to think about something before buying, the better. Tracy says it will take willpower and determination to build up a large amount of savings. Employ helpful tactics like creating well-defined goals and easing into saving more in small increments.Click play to hear more about saving from Brian Tracy.Related: The Connection Between Goals and Self-ConfidenceEntrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre....
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Hyundai Creates a Car With a Roof-Based Solar Charging System

Business
Hyundai Motor Company has launched a car with a solar roof charging system. The Silicon solar panels have been attached to the roof of the vehicle and can charge while the car is moving. The vehicle is being sold in South Korea and will also be released in the North American markets. It will now be easier to get Shake Shack! Shake Shack and Grubhub are teaming up for nationwide delivery. The partnership is currently being tested in four locations -- New York, Illinois, New Jersey and Connecticut. The companies plan to expand delivery to Shake Shack's 150 US restaurants over the next nine months....
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Nearly 24 Percent of Parents Are Buying Tablets for Their Preschoolers

Business
When I was in fifth grade, the tech bug bit -- my tweenage cohorts and I grew desperate for phones (back when they still flipped). Some got lucky; others, not so much. Regardless of how we fared, we all agreed: No one younger than us should have a phone.Our logic was two-fold. In part, we were wiser, kinder, and more mature than those fourth-grade philistines. And of course, we genuinely couldn't fathom what a toddler would do with one.But that was a decade ago (yes, it weirds me out too), and the tech landscape has changed dramatically -- iPhones became ubiquitous, laptops became essential and tablets simply became. As parents equipped themselves with fancy devices, their kids benefitted. Want to shut up your screeching three-year-old? Hand them an iPad and load up a (hopefully not edited) Peppa Pig video. Simple....
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4 Common Traps When Starting a Nonprofit

Business
The idea of creating, running and growing a successful nonprofit organization appeals to a lot of entrepreneurs and business leaders. That makes sense, since those who hold leadership roles tend to value the notion of improving conditions for underserved communities or want to advance environmental and social causes important to them. However, it can also present a minefield of potential traps for the unwary to navigate. That's why it’s important to identify the following potential obstacles before you undertake the arduous process of securing 501(c)(3) status from the Internal Revenue Service. ...
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This $20 Email Tool Could Take Your Marketing Strategy to New Heights

Business
When you’re creating your company’s digital marketing plan, it’s tempting to go for strategies that employ the newest bells and whistles. Getting involved on new social media platforms like TikTok or adding chatbots to your site can be important for staying on trend, but sometimes older, reliable strategies work best.Email marketing was one of the first forms of digital marketing, and it still consistently outperforms other methods. With Postcards Business Plan, you can create eye-catching emails in a few clicks.Postcards is a must-have email template builder that streamlines your digital marketing campaigns. You can create and edit email templates without any coding skills. Simply stack, customize and re-arrange Postcards’ pre-designed creative options....
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Why Pro Athletes Are Entering the Cannabis Game

Business
This story appears in the August 2019 issue of Green Entrepreneur. Subscribe »This year, NFL Hall of Famer Joe Montana made news by investing in Caliva, a large California weed operator. He’s not the only sports name to appear on the cannabis radar. The NHL Alumni Association decided to partner with Canopy Growth, a Canadian company, to study cannabinoids as treatment for post-concussion neurological diseases in ex-hockey players, and the basketball league Big3 announced that cbdMD will be its official sponsor. Even more striking, brands and dispensaries have been popping up under the banners of former sports stars like NHL player Riley Cote, who founded BodyChek Wellness, a premium hemp extract line, and the NBA’s Al Harrington, whose company of medicinal and recreational products is named after his grandmother, Viola. ...
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3 Ways to Build a Culture of Collaborative Innovation

Business
All organizations have the ability to be smarter than the sum of their members’ intelligence and talent. Unfortunately, most are actually dumber. The good news is there are a handful of practical steps to boost collective intelligence.Create tools that allow everyone to communicate strategically about innovation. Good ideas can come from all corners of a company, but would-be innovators may need help developing a strong strategic argument. The Defense Advanced Research Projects Agency (DARPA), the innovative government agency focused on transformational breakthroughs in national security, uses a set of simple questions called the Heilmeier Catechism (named after a former director), to think through and evaluate proposed research programs:...
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This Fashion Startup Hopes to Become the Amazon of Wardrobe Styling

Business
In this video, Entrepreneur Network partner,Business Rockstars and program host Brittany Lehm speak with Brian Ree, the CEO of DailyLook. Ree describes DailyLook's initial mission as being a transactional site to help people navigate the clothing landscape and purchase a complete look. In the company's beginnings, there were often uncertainties for the consumers, such as familiarity with the company's offered brands, the fit of the clothing and the fabrics. By tweaking these specific parts of DailyLook's offerings, the company immediately received positive feedback from customers and was able to identify shortcomings in distribution and user experience, which the founders could improve upon....
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The CEO and CFO Pairing That Makes Mergers More Successful

Business
Companies around the world are on a shopping spree. Buoyed by years of sustained economic growth and low cost of debt, global appetite for mergers and acquisitions (M&As) is at a 10-year peak despite the simmering trade war between the United States and China. Last year, announced transaction volumes surged to $4.1 trillion, the third highest ever. Yet M&As also have a depressingly high failure rate of about 80%. Combine the buying frenzy with the post-deal outlook and you would have cause to ask: which M&As have the best odds of success?An obvious place to look for the answer is the C-suite. CEOs shape strategies and often make final M&A decisions. They also consult their CFOs, who help identify acquisition targets, conduct due diligence, arrange financing, and engage in post-deal execution. CFOs are the Robin to the CEO’s Batman, the Watson to Sherlock....
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How to Respond to “So, Tell Me About Yourself” in a Job Interview

Business
The toughest job interview question may seem like a softball from the interviewer’s perspective:“So…tell me about yourself.” It seems easy because it feels like a free pass: no hypothetical scenario, no request for real-life examples, no technical challenge, not even the dreaded “What’s your biggest flaw?” Just…tell me anything.But it only seems simple. Receiving such an open invitation invites more perils than opportunities, because you’re given no framework for your response — just a blank, clue-free canvas. Your mind may have myriad internal considerations:The situation is similar to a large business meeting in which the leader suggests “going around the room” and having everyone “say a little something.” Next thing you know, the meeting is half over and Gus is still yammering on....
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This Latina Ganjapreneur Is Making Sure That Women Aren't Overlooked

Business
If you ask Priscilla Vilchis, the world of weed is no longer a man's world. Vilchis is making a big splash in the industry by marketing to women and making cannabis products appear not only healthful, but sexy and luxurious.The 32-year-old formerly worked in healthcare, managing physicians on a daily basis before she founded Premium Produce, a cannabis cultivation company, as a response to the opioid crisis she saw first-hand. From then on, she became the first Latina in Nevada to secure a license to grow and distribute marijuana. Related: She Broke Barriers in Tech and Now Runs the Largest International Cannabis Women's Network...
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If You Love Doing Something, Chances Are That Other People Do, Too. Here's How to Start an Experience-Based Business.

Business
Jenn Nicken was working as a marketing executive at Apple when she became so inspired by the cooking classes she was taking that she decided to launch a company, The Chef and the Dish, that offers live cooking classes over Skype from renowned international chefs.Alexandra Kenin has a somewhat similar story. She became hooked on urban hiking after moving to San Francisco to work at Google. She ended up starting her own business leading like-minded hikers on urban excursions around the city, called San Francisco Urban Hikers. What these women have in common isn’t just that they both moved from great tech jobs to careers in entrepreneurship. It’s also that they tapped into the same trend – a growing market-demand for experiences....
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Here's the Biggest Mistake You Can Make When Correcting a Lie

Business
I’ve always believed it to be true, but studies now prove it. When correcting a lie, don’t repeat it. Yes, this is counterintuitive. When you see a lie, your human reaction is to call it out and correct it. But as it turns out, the strategy often backfires. Repeating the lie calls more attention to it and makes it more familiar, leading people to be more likely (not less) to believe that it’s true. Some studies suggest that our brains have a harder time with statements that include a negation. The statement “John is not a criminal,” for example, leaves the suggestion in readers’ minds that perhaps John is, indeed, a criminal. How can you combat this issue? For starters, avoid posting blogs or articles with negation in their titles. Don’t headline your story with “ACME is not a scam.” Instead, psychologists suggest, lead with facts. A headline like “ACME Achieves A+ Rating From the BBB” would be a better way to refute a negative rumor than to associate your name with the concept of “scam.” It is also a better way to tamp down the propensity of Google to initiate negative auto-suggestions for search such as “ACME scam,” and “ACME scandal,” etc. ...
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'I Believe in People Over Profits; I Have Always Paid People Too Much': Olivia Alexander, Founder and CEO of Kush Queen

Business
Olivia Alexander is the Founder and CEO of Kush Queen, a premier luxury lifestyle cannabis brand that launched in 2015. Renowned for providing quality, innovative cannabis wellness and lifestyle products, Olivia has become known as one of the industry’s top tastemakers, pioneering new areas of the space and creating trends at every turn. Olivia is an influencer, an advocate and a proud female contributor to the cannabis industry. Formerly a Beauty Queen who lived in Louisiana until the age of 13, she now has developed a name as the Kush Queen.Related: What You Need to Know About Cannabis Incubators...
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Nobody Will Take Care of Your Money Better Than You

Business
Troy Murphy, 12-year NBA veteran and founder of Sweven Wealth, talks about the value that comes with educating yourself about wealth management and financial literacy. Murphy also breaks down the eye-opening experience he had with his first financial advisor and his inspiration to start a wealth management firm that donates all of its profits to financial literacy organizations.Murphy and The Playbook host David Meltzer chat about the lack of financial literacy within the NBA and within the world population as a whole, as well as the cost of not having a financial education. The pair discuss topics such as their favorite books about finance and wealth management and the difficulties caused by trying to time the bottom of a market....
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Excel Is Much More Than a Spreadsheet. Advance Your Skills With This $39 Course.

Business
If you're only using Excel to house basic data, you're not getting everything you can out of the program. And you're certainly not going to impress your boss or colleagues with your skills.Whether you're starting your own business or looking to grow into a new role, Excel can be helpful for everything from tracking profits, losses, and projections to performing in-depth data analysis. And no matter the level of your current skills, The Professional Microsoft Excel Certification Training Bundle is a great resource, with courses on everything from basic formulas to advanced data modeling.Over this bundle’s eight courses, you’ll learn how to enter data, make quick calculations with formulas, and visualize your results with charts and graphs. Discover how to get a handle on the customer data you collect from your social media and website by mastering Excel’s data modeling tools. Got mountains of raw data and no clue how to organize it? Pivot tables will become your new best friend after these classes....
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Listen: What Millennials Really Want From Weed

Business
Our guest on the podcast is Cy Scott, the co-founder and CEO of Headset, Inc, an analytics service provider for the cannabis industry. Their customers look to them for market research and data analysis and they source that data from retailers and dispensaries across the US and soon in Canada. So basically, Cy Scott has his fingertips on information about the burgeoning cannabis industry that is very hard to research, and for that reason his customers pay a pretty penny, sometimes up to a quarter of a million dollars, for his research. But you don't have to pay anything today, because this podcast is absolutely free and Cy has generously lent us his time and his knowledge and today we're going to look at specifically the millennials and what they are buying and what they are consuming....
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Barstool's Dynamic Duo Bonds Over 'Beatz N Eats'

Business
Willie Colon and Large, co-hosts of Barstool Breakfast and the new show Beatz N Eats, talk about why they are such a complementary pair and what it’s like producing content for Barstool Sports.Colon, Large, and The Playbook host David Meltzer chat about topics such as their favorite (and least favorite) kinds of guests to have on their show, the importance of creating content that is authentic to you and why they prefer a “free” approach to produce their various shows.Related: How to Turn a Hobby Into a Profitable Business...
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When It Comes to Your Business, Are You Competing or Creating?

Business
Ryan Daniel Moran has been an entrepreneur since he was five years old. His first gig was creating hand-drawn pictures on computer paper, knocking on people's doors and asking them to pay a penny for each of his drawings.Today, Ryan is a well-respected leader on entrepreneurship. As a serial entrepreneur, author, and investor, Ryan’s main focus is on creating lifestyle freedom -- helping people create lasting businesses and investing the profits wisely, while enjoying a higher quality of life, and working less.Related: 4 Ways to Make Value Creation Core to Your BusinessRyan stayed true to his roots when talking to Entrepreneur, encouraging other entrepreneurs to create -- as opposed to competing -- for a slice of the pie....
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Learn to Write Copy That Sells With This $11 Online Course

Business
Copywriting is the glue that holds every marketing plan together. Without a distinct voice and a clear message running through all of your platforms, you’ll wind up with a confusing campaign that doesn’t attract customers.Modern Copywriting: Writing Copy That Sells in 2019 teaches you how to compose copy that grabs the reader and turns their visit to your site into cold, hard cash.The art and science of copywriting come together in this must-take class. Instructor Evan Kimbrell has overseen the development and launch of more than 100 mobile apps, and he brings his know-how to this course. You’ll start by understanding copywriting basics, like speaking directly to your audience, studying your competition, and comprehending your product's place in the market....
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4 Security Tips To Help Your Business Grow

Business
The world of corporate security is a dangerous place. Small businesses in particular can find themselves on the back foot very quickly, especially when arrayed against criminals that have experience in breaking down much larger security systems. Small Business Trends noted that nearly 9 percent of small businesses were victims of theft or burglary in 2016. Despite this threat, there is hope, since a company can take steps to increase its security.The most common security issues involve computer systems and customer data, but many companies don't realize the necessity of securing brick-and-mortar premises the same way they would their online presence. By increasing security to a physical location, the company can benefit from increased brand confidence and better job performance and satisfaction among its employees. And loyal employees, in turn, usually translate into loyal customers. Fortunately, there are a few actionable steps any business can take to make itself more secure, and here are four....
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7 Ways to Learn From Difficult Conversations

Business
Over the last generation, companies have committed huge sums of time and money into people development, and yet the same disruptive behavior penetrates business culture. Whether it’s the rise of the digital world, the increase in virtual and remote teams or the public naming and shaming that happens across social-platforms, people are opting to jump ship instead of working through challenges.Fears about retribution or rejection often prevent people from speaking up at work, and according to Vital Smarts, every conversation failure costs an organization, on average, $7,500. While many leaders are comfortable being responsible for multi-million-dollar budgets, the thought of handling an employee’s unpleasant emotional reaction can produce enough anxiety to keep such dialogue at bay. After all, feelings can get messy....
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5 Ways Your Business Will Benefit From You Writing a Book

Business
Writing a book may not be the first thing that comes to mind when trying to find ways to grow your revenue, but in today’s marketplace, it is an option that is well worth exploring. While becoming a published author was once a lengthy process that required finding an agent and a publisher, many business executives can now bypass this process entirely. Self-publishing is easier than ever, especially in the digital sphere. With the right content and a little bit of marketing panache, writing a book that is relevant to your company’s target audience can go a long way in fueling your company’s growth. Watching for a few key indicators will help you know if writing a book is a smart idea for your business....
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5 Lessons From the ER That Will Save Your Company During a Crisis

Business
Extolling the virtues of the humble routine may seem antithetical to the risk-taking entrepreneurs pride themselves on. But according to Dr. Angel Iscovich -- Dr. I to his fans -- our proclivity for the predictable is not just comfort food for the brain; it’s the foundation that might just save us in crisis moments.Without a doubt, we humans are creatures of habit. We’re hard-wired to opt for safety and tend to create an established, daily routine at every life stage. This is what Dr. I, my co-author of The Art & Science of Routine, calls a “time bubble.” A time bubble is a mental barrier between the world and the individual, comprised of the activities we choose to occupy our days....
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5 Things You Should Know Before Starting Up Your Cannabusiness

Business
When entrepreneurs approach me for advice on getting into the cannabis business, the first question I ask is, “Who are you trying to help?” Luckily for then, and for you, I’ve been there, done that, and believe that we cannot build a better framework for industry growth without helping each other out. It’s simply not possible. In that spirit of sharing the goods, I offer these five tips on launching a cannabis business. There are about a million and one things to learn about the different strains, extraction methods, side effects and legal limitations of cannabis. And each day, that lists expands. The good news is that there are answers out there. Hit up Leafly, PotGuide or Weedmaps to learn the high-level details. ...
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Over-Promising is the Worst Mistake an Entrepreneur Can Make

Business
In the shipping industry, expectations are often based on externalities. As a business owner, I can't guarantee USPS or FedEx will get a package to someone on time. They probably will, but I can’t guarantee it.And yet, that’s exactly what I did when I started my first logistics company. I had seen delivery guarantees work in the past, and I promised a certain timetable based on that experience.Of course, it didn’t play out the way I’d promised. Packages weren’t being delivered in the windows the clients were expecting. They were calling us, asking what was going on and questioning whether this would hurt their own timelines. We were in a panic, trying to figure out what was going on and doing everything we could to make it right....
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4 Painful Realities Your Scaling Startup Must Accept in Order to Grow

Business
While growing a startup can be an exciting endeavor, it doesn’t come easy. According to data from Statistic Brain Research Institute, over 50 percent of all companies in the United States fail within five years of when they first open for business. After 10 years, that number climbs to 70 percent.How you scale can have an even greater impact than you’d expect…The Startup Genome Report’s coverage of premature scaling found that 70 percent of startups scaled too soon in some aspect of their business, directly contributing to their eventual failure. So what separates the successes from the failures? Part of the process requires that founders accept some of the painful realities of scaling a business:...
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Why You Should Trust Your Gut, Both in Parenting and Entrepreneurship

Business
Daina Trout first learned how to brew kombucha at Tufts University where she earned Masters’ degrees both in Nutrition and Public Health. After graduation, Trout moved to Los Angeles and in 2012, she co-founded Health-Ade Kombucha with her husband, Justin Trout, and best friend, Vanessa Dew.What started as a small production in Trout's apartment closet has become a national brand available in more than 20,000 grocery stores and health food markets, including Target, Whole Foods and Costco. She sat down with Jessica Abo to discuss her company's success and her advice for new parents trying to juggle it all. ...
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You Can Take a Vacation and Still Get Stuff Done

Business
Traveling is a big part of the entrepreneurial journey. For starters, it’s good for business. Despite how convenient technology has made it to communicate with others, nothing tops those face-to-face interactions. Additionally, we all need time away to reduce stress and anxiety. For better health, I've personally found a business owner should take at least four weeks of vacation time.The thing is, we can’t completely go off the grid for an extended period, and you can work without jeopardizing the trip. Here are nine ways that make this possible.Listed priorities are even more vital than usual when you know that you have an upcoming trip. That way you make sure to work on the most critical stuff before leaving. Anything that isn’t urgent and essential can be postponed until you return. Moreover, it prevents you from increasing your workload before your departure. You should be getting as much off your plate instead of adding to it....
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The Wonder Woman Disrupter Next Door: Catching Up With Tanya Odom

Business
Tanya Odom, global consultant and coach has spent a lifetime honing her "powers" as a leading a voice for human rights, diversity, equity and mindfulness. While some may point to the usual characteristics that set Odom apart -- her grit, smarts, humility, authenticity and that certain something that is hard to put a name to -- most likely it's her vulnerability that may just be her biggest disruptive, Wonder-Woman-like super power. After a year since Disrupters introduced readers to Tanya, we sit down for a conversation to discuss her path of disruption and self-care.What have you been up to since Disrupters hit the shelves?...
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Strictly Business? Making Ethical Decisions in a Commercial World.

Business
We can all come up with examples of of self-evidently bad business decisions: Findus having to admit back in 2013 that substantial numbers of its ready-made meals contained horse meat, or earlier this year, when Standard Chartered was ordered to pay out $1.1 billion after breaking sanctions against Iran and other nations. These were not just mistakes. Somewhere along the line, someone in a position of authority charted a course that they knew to be ethically incorrect but commercially profitable, presumably in the hope that they wouldn’t be found out. And they were. Faced with a choice between goodliness and mammon, they chose mammon, and it didn’t work out....
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Trade War Escalation Hits the Stock Market

Business
August is traditionally a quiet month in the financial markets. Not this year.The escalating trade war between the U.S. and China produced the most volatile week of the year in the stock and bond markets. Stocks had their worst day of the year on Monday as investors sold off risk assets and piled into the safety of U.S. Treasury bonds. The yield on the 10-year Treasury bond, which moves opposite to price, momentarily broke below 1.6 percent on Wednesday before stabilizing yesterday around 1.7 percent. Investors are now pricing in three more cuts in short-term interest rates by the Federal Reserve Board this year....
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Why Millionaires Don't Invest in These 4 Things

Business
In this video, Entrepreneur Network partner Phil Town explains how the rich often grow their wealth differently from others. Here are some of the common investments wealthy people avoid:To hear what methods Town recommends, and the method millionaires swear by, click to watch the full video. Related: Adopt These Smart Money Habits When Stock Prices SkyrocketEntrepreneur Network is a premium video network providing entertainment, ewitducation and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre....
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Facebook Users Can Sue Over Facial Recognition, Court Rules

Business
A federal appeals court is allowing a group of users to sue Facebook on claims the social network collected their facial data without consent.On Thursday, the U.S. Court of Appeals for the Ninth Circuit rejected Facebook's efforts to dismiss the ongoing class-action lawsuit, which could potentially require the company to pay billions in compensation.The lawsuit dates back to 2015 when three Facebook users living in the state claimed the tech giant had violated the Illinois Biometric Information Privacy Act, which requires companies to obtain consent when collecting their biometric information.Since 2010, Facebook has been using its own facial-recognition technology for photo-tagging purposes. It works by generating a digital template from your photos, so that the company can detect whenever your face appears in other images posted across the social network....
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Create Stunning Content Marketing Visuals Faster With Stencil

Business
In the ever-saturated landscape that is social media, you have to put in extra effort to stand out. In a sea of shiny graphics, immersive videos, and a slew of other compelling content, posting a bland image would definitely not fly. It's imperative that you get creative to get people to pay attention to your business. Then again, if you're a solo entrepreneur, you probably don't have the bandwidth to pour on social media content creation.This is where Stencil comes to the rescue. Designed for social media marketers, bloggers, and small businesses, it's an intuitive image editor that lets you streamline content creation so you can double your engagement faster....
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Hiring? It's Best to Take Your Time.

Business
Hiring is hard. As a new founder, you want to find the best and the brightest professionals in the field. You have hopes -- expectations, even -- of recruiting an all-star lineup of top-notch performers, innovative thinkers and valuable team players who can not only support your business but help it grow. You figure that it won’t take too long to do so, not with the talent you know is on the market. You expect the whole process to be done and over within a few weeks, maybe a month. Then reality hits. When I was in the early stages of building Ashcroft Capital, my founding team and I spent several months in recruitment purgatory. Our desks and walls were all but papered with applications. We received thousands of resumes, conducted hundreds of phone interviews, tens of in-person screenings and turned away dozens of seemingly qualified candidates. It was a marathon, and by the time we finally crossed the finish line, we were exhausted. In the end,it took us six months to hire four people. ...
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The U.S. Army Has Developed an Algorithm That Tells You Exactly How Much Coffee You Should Drink to Stay Awake

Business
U.S. Army researchers have developed an online tool that suggests how much coffee you should really drink to stay awake. The algorithm is not only meant to help you become more aware of how much caffeine you're drinking but can also help reduce your coffee consumption.For the study, which was published in the trade magazine "Sleep", participants underwent several sleep deprivation and shift work scenarios. Researchers observed how their lack of sleep affected alertness and performance and how much caffeine influenced this. In some cases, study participants had to stay awake for up to 60 hours and their regular sleeping time was severely shortened. The research team then developed the Open Access tool 2B-Alert Web 2.0 based on these results....
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To Win Support for Your Idea, Think Like a Marketer

Business
Workplaces are much like marketplaces. They’re filled with people pitching — effectively, trying to “sell” — ideas and competing to get the go-ahead from their bosses, the “buyers.” Even CEOs have to sell ideas to their boards.If you want to get the green light for a project, you can’t just put together a presentation and rely on your ability to make a rational argument. You need to think like a marketer. And that means appealing to the subconscious of the decision maker.For more than 25 years, I’ve worked with Fortune 100 brands to get them to rethink their marketing strategies. We teach marketing leaders to influence the hidden purchase drivers that lie beneath the surface and dictate instinctive purchase behavior. As Harvard professor Gerald Zaltman has argued, 95% of consumers’ purchasing decisions take place in their subconscious....
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Selling Your Cannabis Business? Here's What You Need to Know.

Business
Is your business special? Sure it is! Just like a homeowner who puts his or her house on the market and expects that it will achieve a premium value because it is “special,” almost every business owner thinks their business should achieve a multiple of value in excess of the averages being paid. That’s not necessarily a bad position to hold; it shows that you, the owner, take great pride in what you’ve achieved over many years of hard work building up the business. That said, in preparation for the sale of your business, it is important to understand the valuation process and have a realistic expectation of the valuation range....
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Why Are You an Entrepreneur? (And Why It's Important to Know.)

Business
Every year, thousands of people become entrepreneurs. It’s a challenging road, one filled with harsh reality checks, unexpected turns and a great deal of financial and emotional strain. So why do so many people opt for this lifestyle in the first place?If you’re reading this article, you’re likely either an entrepreneur already, or you’re considering becoming one. If that’s the case, do you know the real reasons why you’re doing it in the first place?Related: 7 Life Lessons From My Entrepreneurship JourneyIt seems like a silly question. After all, there are some obvious benefits to entrepreneurship. But not all of them may be important to you, and some of them may be affecting your decision making without you realizing it. Better understanding your own motivations can help you in a number of areas of entrepreneurial development:...
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Better Work-Life Balance Starts with Managers

Business
We all want to live rich and meaningful lives — at work and at home — without sacrificing aspects of either. Around the world, more and more employees are seeking flexible work arrangements as a result, and companies looking to meet these expectations are increasingly offering a variety of family-friendly policies. In Europe, remote work, flextime, compressed work weeks, (paid or unpaid) leaves of absence, and sabbaticals are the most common. Yet, as great as these policies sound on paper, many have unintended consequences on workers:Flexibility does not always translate into better work-life balance. Remote workers often experience high work intensity and reduced autonomy due to their ability to communicate with colleagues through their devices at any time. This constant connectivity can blur the boundaries between work and non-work activities....
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Great Mentors Focus on the Whole Person, Not Just Their Career

Business
Aspiring leaders need more and better mentoring than they’re getting today.According to a recent study, the supply-demand imbalance is severe: while more than 75% of professional men and women want to have a mentor, only 37% have one. What’s more, most of the people currently acting as mentors aren’t having as dramatic an impact as they could because they’re too narrowly focused on career advancement.In 2018, I spent a few hours with a Stanford University research librarian pulling up all the articles, studies and books on mentoring we could find. We found that the vast majority focus on how it is practiced in the workplace and how organization-wide programs are administered. There was remarkably little analysis or advice on how to mentor the whole person, extending beyond the career to include discussions about behavior, values, relationships, parenting, finances, and even spiritual life....
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Using Algorithms to Understand the Biases in Your Organization

Business
Algorithms have taken a lot of heat recently for producing biased decisions. People are outraged over a recruiting algorithm Amazon was developing that overlooked female job applicants. Likewise, they are outraged over predictive policing and predictive sentencing that disproportionately penalize people of color. Importantly, race and gender were not included as inputs into any of these algorithms.Should we be outraged by bias reflected in algorithmic output? Yes. But the way organizations respond to their algorithms determines whether they make strides in debiasing their decisions or further perpetuate their biased decision making....
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Before You Start a Business, Make Sure You Have a Safety Net. Here are 13.

Business
All entrepreneurs need a parachute. Because, whether you’re selling a product or a service, starting a new business involves risk. I’ve been an entrepreneur all my life, and, looking back, I’ve relied on safety nets at every stage in my career. I think not having the right safety net is what stops a lot of people from pursuing their entrepreneurial ambitions.Before I list 13 safety nets you can rely on, I want to illuminate how they have helped me launch, sustain and grow different businesses.Related: The Complete, 12-Step Guide to Starting a BusinessWhen I was in my early twenties, I began designing products. The first one was a novelty baseball cap that had foam fingers you could rearrange to send a message, like the peace sign. I ran an ad in a magazine to test the market for demand. This only required fabric, a sewing machine, and money for the ad. I didn’t need a safety net. I didn’t sell very many....
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Should You Invest in Bitcoin and Cryptocurrencies? Experts Share Best Practices in a Volatile (Yet Maturing) Market.

Business
Do you believe Bitcoin and cryptocurrencies are ready to skyrocket again? Since its inception in 2010, Bitcoin was the first digital asset to beget an entire ecosystem of cryptocurrencies. For quite some time, it grew an underground following of investors who seemed very interested in its future as a possible replacement to the physical monetary system, as traditional institutional players curiously watched its development. Related: A Crypto Conversation with Trevor Koverko, CEO of PolymathWhile we are still likely many years away from a complete transition, the crypto space has been a fairly volatile playground. During the ascension and adoption of crypto, many people launched ICOs (Individual Coin Offerings, akin to offering a new stock) without any supervision or regulation. During this time, Bitcoin led the charge to a valuation of nearly $20,000 per coin in 2017, but then its value steadily declined over the course of 2018 and settled in the range of $3,500 to $4,000 for quite some time. ...
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How Adam Conover of 'Adam Ruins Everything' Built His Comedy Career

Business
Can comedy change the world by changing minds?Recently, I had a blast speaking with Adam Conover from the hit television show Adam Ruins Everything. As the show's host and investigative comedian, he's the comically inventive yet unrelentingly serious quest to reveal the hidden truths behind things you know and love. Conover takes on topics ranging from the workplace and voting to forensic science and security. Not only does he provide fun facts to share with your friends, but he also shares information that could make you see the world in a whole new way.Conover says the show is very much based on a younger version of himself: He knew, quite simply, that he annoyed a lot of people. He was very outgoing, but in ways that would disrupt the flow of a class or people just hanging out, and he often felt unable to interact with people socially. (Think: the guy at a party who spouts off a point of view that might not seem intuitively accurate -- until you find out he's actually right.) When he shares a big idea on his show, it usually sparks an audience reaction that goes something like: “Oh, my God, why did you tell me that?” Conover turns big reveals and disruptive know-how into positive comedy, while also encouraging audiences to check the facts in their everyday lives. ...
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4 Keys to Working for Free

Business
As entrepreneurs, we’ve all been asked at one point if we will provide our services free of charge. This usually comes at the request of a nonprofit organization or another entrepreneur in the name of “exposure.” They'll often make promises about establishing key connections and the possibility of future business. So how do you decide when to say no? The first step in working for exposure without being exposed is to set clear boundaries, and here are four keys to doing just that.Given the fact that most people value what they pay for, does it mean working for free might put you in an inferior position? Not necessarily. There can be good reasons to say yes to such an opportunity, whether it’s to build your portfolio, increase brand awareness or simply make a positive impact towards a cause you believe in. So you might be wondering: How can you establish and maintain your value while also working for free? The solution lies in creating a systematic process....
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Workplace Culture Conflicts

Business
Are you at odds with your company’s culture? Dan and Alison answer your questions with the help of Alicia Tillman, the CMO of SAP. They talk through what to do when your company celebrates one kind of worker and ignores others, everyone seems to fit in but you, or a hard-charging culture is hurting performance and employee morale.Download this podcastListen to more episodes and find out how to subscribe on the Dear HBR: page. Email your questions about your workplace dilemmas to Dan and Alison at This email address is being protected from spambots. You need JavaScript enabled to view it. document.getElementById('cloakd558c215560c9202905275166056ef51').innerHTML = ''; var prefix = 'ma' + 'il' + 'to'; var path = 'hr' + 'ef' + '='; var addyd558c215560c9202905275166056ef51 = 'dearhbr' + '@'; addyd558c215560c9202905275166056ef51 = addyd558c215560c9202905275166056ef51 + 'hbr' + '.' + 'org'; var addy_textd558c215560c9202905275166056ef51 = 'dearhbr' + '@' + 'hbr' + '.' + 'org';document.getElementById('cloakd558c215560c9202905275166056ef51').innerHTML += ''+addy_textd558c215560c9202905275166056ef51+''; .From Alison and Dan’s reading list for this episode:HBR: The Culture Factor by Boris Groysberg, Jeremiah Lee, Jesse Price, and J. Yo-Jud Cheng — “Culture is the tacit social order of an organization: It shapes attitudes and behaviors in wide-ranging and durable ways. Cultural norms define what is encouraged, discouraged, accepted, or rejected within a group. When properly aligned with personal values, drives, and needs, culture can unleash tremendous amounts of energy toward a shared purpose and foster an organization’s capacity to thrive.”...
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Yes, Your Company Can Still Monitor Marijuana Use

Business
As more states legalize recreational marijuana, many job applicants and employees are left scratching their heads as to what their rights are when it comes to being drug tested. The New York Timesrecently delved into this trending and potentially confusing space, interviewing a woman whose job offer at a medical-device manufactuer was rescinded after her drug-test results came back positive for marijuana use. This, despite having already been set up with a personalized work e-mail account and business cards.Complicating this issue for human-resource departments is the nation's red-hot economy, which has left many employers strapped for workers and in less of a position to force harsh anti-marijuana policies upon potential hires. Plus, numerous city and state legislatures across the country have weighed in on the topic. Nevada recently passed a bill banning employers from denying applicants on the basis of a positive marijuana test. New York City enacted a similar measure this spring. ...
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5 Tips for Expanding Your Small Business (The Right Way)

Business
Many small-business owners want to grow their companies, and they want to do it fast. But if you rush into expandsion without a plan, you risk losing everything you’ve worked so hard to build. Take Wise Acre Frozen Treats, which hired too many employees and bought too much equipment before they had the revenue or startup capital they needed; the company went bankrupt in just a few years. To avoid making similar mistakes, heed these five tips for expanding your small business (the right way). A strong company culture is what will keep your small-business team together during times of exponential growth. If you’re not sure where to start, ask yourself and your team questions such as: ...
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Train Your Brain With These Winning Mindset Techniques From Olympic Medalist Nicole Davis

Business
Nicole Davis is a retired American indoor volleyball superstar and mindset coach at Compete To Create, founded by Seattle Seahawks head coach Pete Carroll and high-performance psychologist Dr. Michael Gervais. A two-time Olympic silver medal winner, she was known to be one of the best -- if not the best -- in the world at her craft. Today, she helps business professionals become the best version of themselves by focusing on recovery, mindfulness and other critical routines. During our chat she discussed her career, the lessons she's learned and passes along some valuable high-performance tips."I was a two-time Olympian before I started formally training my mind. I used to engage in what Dr. Michael Gervais calls the 'Do more to be more' model. So when we were training eight hours a day, I would ask to do extra reps. I needed those extra reps to feel good and generate confidence. But the trap in that is that if the last rep isn't good, it plants a seed of doubt. What I've come to know now is that incessant need to do extra work to feel like I'm enough was born out anxiety -- not knowing if things are going to work out, not knowing if I'll be enough."...
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Happy Team, Happy Business

Business
One of my great interests is corporate culture and the anthropology of businesses, i.e. what makes a group of people engaged in a common task tick? How they can be motivated and empowered? What brings them together, and what can force them apart, can often be surprising. Consequently, I’m a sucker for those motivational titles in the “Business” section of bookshops, and I’ve read quite a few of them. Maybe I’ll write my own one day: Managing Through Fear, by Paul Blanchard. I can see the cover now….Though in all seriousness, the hidden wiring of a business is something I think a lot about, not just in terms of how I can apply it to my own company, but in a more abstract, intellectual sense. It appeals to me because it’s not just the mechanics of commerce, but about constructing a social network in which individuals can grow and thrive. After all, especially in smaller teams or organizations, we spend longer hours with our colleagues than anyone else, so it's important to get these interactions right. The problem is that with no shortage of advice, it can be confusing to determine what the right approach actually is. ...
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How to Pitch Your Business-Investment Case

Business
Chief Financial Officers are often the gatekeepers to a company’s cash coffers. And, as you can imagine, they have a lot of people tugging on their sleeves looking for investments into various projects. Perhaps the CEO wants to make a big strategic acquisition, the CMO needs to scale up sales and marketing efforts or the head of product wants to launch a new business line. The ways capital can be invested are limitless, and the asks are endless, so you better make sure your pitch breaks through the clutter.Below are examples of the best ways to pitch for internal funds in several common scenarios....
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New Report: CBD Consumers Don't Inhale

Business
Three little letters have landed a spot in the everyday lives of millions of people: CBD. The popularity of the cannabis compound is at an all-time high, with no signs of hitting a plateau. A Google Trends graph of searches for “CBD” shows a massive increase in interest over the last two years. The most significant spike lines up neatly with the increasing availability of hemp-derived CBD.The mainstream wellness community has also accepted CBD into that circle over the past two years. Major chains such as Walgreens and CVS are beginning to carry CBD products.And the scientific community is also starting to take an interest. One study concluded CBD is an effective treatment for IBSS. Another showed that CBD has antibacterial properties and was not yet able to be resisted by so-called “superbugs.”...
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6 Simple Tips to Get More Search Results for Your Website

Business
In this video, Entrepreneur Network partner Eric Siu offers a few tips on how to make your website rank on Google. Focus on both the design aspect of your site and the power of your company's brand.Some of the tips include:Click the video to hear all of Eric Siu's tips for maximizing your Google search results. Related: How to Market Like a Big Business, Even With a Small BudgetEntrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre....
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Mompreneur Shira Nelson on the Importance of Not Doing It All

Business
In this series called Member Showcase, we publish interviews with members of The Oracles. This interview is with Shira Nelson, founder of MomBeyondBaby, which helps moms become their best amidst the wild world of motherhood. It was condensed by The Oracles.Who are you? Shira Nelson: In almost seven years online, I have inspired and helped thousands of moms become better versions of themselves after having babies through my MomBeyondBaby programs and coaching.A MomBeyondBaby is the woman who has found herself in motherhood. To some that means becoming their strongest and fittest, while to others, it means building and growing a business. Regardless of the “what,” they all find their purpose and become fulfilled in ways that they didn't even know they needed....
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How to Know Whether Writing a Book Will Grow Your Business

Business
Some entrepreneurs think that getting a book published or self-published will magically become the calling card that gets them more business. Others know that calling cards do you no good if they stay in your desk in one of those little white boxes. The same holds true for books, too. Being published will do you no good unless you leverage it the right way and twist every nickel out of the fact that you are a real author.There are two primary ways to get a book to market: self-publish or pursue a traditional deal, where some legit publisher writes a check for the honor of releasing and distributing your work. Since there are more than 30 million books sold on Amazon, and more than a million self-published titles are released annually, it’s wise to accept that self-publishing can be completely foolish. (Exception: if you are the leading expert on some incredibly tiny niche, like raising Siberian hamsters or how to make your own glue.) For the rest of the business world, the only logical option is to get an established publisher interested. ...
DailyHum News
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11 Afternoon and Evening Routines That Will Make You Much More Productive Tomorrow

Business
Want to know the secret to any success? It’s having a routine. Daily routines do more than provide structure to our lives. These routines can help us save time, money and prioritize in a way that will make a difference success. What’s more, routines make us more efficient, reduce stress and help achieve our most important goals.Routines are incredibly important, but we often believe the only focus should be on creating morning routines. While that’s definitely a step in the right direction, afternoon and evening habits and routines are equally important. The following eleven routines will make you more productive at work and life....
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YouTube Popularity: It's Not a Content Contest

Business
YouTube popularity pays off. Its biggest stars earn around $20 million per year. But if you're looking to chase fame and fortune on the platform, the path isn't so clear.A Pew Research Center study shows there's no clear category that guarantees views. The largest portion of views went to videos about video games, but even then that accounts for only 18 percent of all views. And while it's true that the highest-paid list is dominated by gaming YouTubers such as the problematic PewDiePie, categories that get 3 percent of views have YouTubers that far surpass him in popularity and earnings.Toy videos accounted for only 3 percent in the Pew study -- but if you've been in a Target, it's impossible to escape Ryan's World. It's a line of toys from the 7-year-old Ryan Kaji, who is the highest-paid YouTuber, earning $22 million last year. He got his start when he asked his mom, "How come I'm not on YouTube when all the other kids are?"...
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4 Tips for Launching a Successful Rebrand

Business
So, it’s time to rebrand. Maybe you've outgrown your name or decided it lacks strength, pivoted to a new business model or even received a cease-and-desist letter. Here are the four most common statements our company hears from clients when they call to discuss a rebrand: For example, several years ago, a company called AuctionWeb realized that they had outgrown the benefits of having a descriptive name and would benefit from a catchy, brandable name that would allow them to fit in with other emerging digital platforms and develop brand equity with users. The successful rebrand, to eBay, helped AuctionWeb become a global giant....
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6 Questions to Ask Before Launching a Moon Shot Project

Business
NASA moved its timeline up by four years. The new plan? Get humans back to the moon by 2024. Jeff Bezos, the CEO of Amazon, wants in on that race and recently unveiled a life-size model of the spaceship he’s betting on. Can his spaceflight company, Blue Origin, win that race? Will Bezos be sending Prime packages to the moon in 2024?Our research into hundreds of moon shots, including the launch of the iPhone, the rescue of the Chilean miners in 2010, and the transformation of Curitiba into the greenest city in South America, has led us to build an easy-to-apply framework that helps determine whether a project is well-founded or doomed to fail....
DailyHum News
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How to Increase Employee Engagement and Productivity

Business
In this video, Entrepreneur Network partner Kate Volman stresses that as the leader of a company, you need to understand that your employees are juggling a diverse number of demands in their lives, which can cause dysfunction and a lack of motivation. Productivity may come at the expense of these issues.Volman points out that most people are not truly engaged in their lives, so expecting employees to be productive every day may not be practical. Instead, you should look to motivate them how you can.What is important to your employees? Remember that they have their own goals, which you should make an effort to learn. To hear more about boosting productivity and engaging your employees, click the video....
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These Apple Powerbeats Alternatives Won't Budge While You Work Out, and They're 62 Percent Off

Business
Nothing motivates a workout like a great playlist. It's only fitting, then, that the headphones you use while sprinting on the treadmill, powering through burpees, or swinging kettlebells can keep up and stay put.This is where the XT9 True Wireless Fitness Headphones come in. Ergonomically designed to sit comfortably in and around your ears, the XT9s won't fall out no matter how aggressive your movements. It features cutting-edge Bluetooth technology to connect with any Bluetooth-supported device, all while ensuring that your favorite music streams seamlessly.Considering earbud piece has its own speaker, Bluetooth chip, battery, and mic, you can choose to use just one or both. Plus, each earbud is armed with an extra-large lithium-ion battery for six hours of playtime, which can easily be extended with the accompanying charging dock....
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What You Need to Know About Cannabis Incubators

Business
This story appears in the August 2019 issue of Green Entrepreneur. Subscribe »Unless you’re a wealthy business genius who fully understands every aspect of the cannabis industry, you probably need some advice -- and a little funding -- to get your company off the ground. In the tech industry, this assist often comes in the form of an incubator, like Y Combinator or Techstars. These groups work with companies they believe have potential and help take them to the next level. Now incubators are starting to pop up in the cannabis industry, too. To help you decide whether to try one, here’s the lay of the land: ...
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6 Ways to Find Clients Online and Offline

Business
The following excerpt is from Laura Pennington Briggs’ book Start Your Own Freelance Writing Business. Buy it now from Amazon | Barnes & Noble | Apple Books | IndieBoundNetworking might seem like an old-school way of generating business, but it can be effective, even in the digital world in which we live. That’s because it can often be a lot easier to forge a personal connection with someone when you meet face-to-face.Chamber of commerce meetings, educational seminars, networking lunches and conferences are places in which you might connect with your ideal clients. This method of marketing requires a lot of upfront investigation and preparation. It’s also dependent on whether your ideal clients are present at these events and, more important, open to hearing pitches....
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How Working Parents Can Get the Most Out of Calendar Apps

Business
While professionals may feel in control of many aspects of their lives, their calendar isn’t often one of them. Work-life balance is the holy grail of maintaining a professional career. In 2014, Gallup found the average American workweek was 47 hours, with nearly four in 10 Americans working more than 50 hours per week. Bloomberg spotlighted automobile factories where 12-hour shifts were the norm, and Silicon Valley is notorious for its long hours.With long workdays being the norm, personal priorities often don’t see the light of day. But research — particularly on deathbed conversations — shows that people don’t remember board meetings; they remember their kids’ baseball games. How can leaders, especially working parents — who have multiple calendars to juggle — make their calendars an ally in giving their personal lives a chance?...
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How to Turn a Hobby Into a Profitable Business

Business
Courtney Rich, CEO of Cake by Courtney, shares the story of how baking a cake for her son’s birthday turned into a hobby and, eventually, a profitable business. Rich talks about her early “Pinterest fails,” and how the blog that she started eventually evolved into a brand recognized by luminaries such as Oprah Winfrey.Rich and the The Playbook host David Meltzer chat about the process of taking a hobby, turning it into a passion, then taking that passion and ultimately building a brand around it which you can monetize. The pair talk about their strategies for balancing work and family life, as well as the drive to provide audiences valuable content that resonates with them....
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3 Traits of a Strong Professional Relationship

Business
If you haven’t yet built powerful relationships at work — the type that can be trusted both to endure and to deliver results when needed — it’s time to start. Research shows that your ability to empathize with, connect with, and influence others is a pivotal skill for success. But time and again in my work with leaders across industries and geographies, I’ve seen people struggle with how to build those relationships.I recently worked with an executive who had been asked to lead a major change initiative in her company. Although she was well known and well regarded in her organization, she had given little thought to exactly what she needed from her professional relationships. “I was always mindful of the importance of healthy relationships, but I never invested the time to really think through the mutual value in a relationship or how to achieve it,” she told me....
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400400
Ecosystem Businesses Are Changing the Rules of Strategy

Business
Why are business ecosystems suddenly such a hot topic? It’s not as though they’re a new idea. The term “ecosystem” has been used in business for 20 years. Companies including Volkswagen and Toyota have been orchestrating huge networks of suppliers and distributors for more than 50 years. Lloyd’s of London, the insurance marketplace, is a classic ecosystem and was founded in the 17th century.What’s changed is that most of today’s fastest-growing companies — from Amazon and Google, to Alibaba and Tencent, to Uber and WeWork — are explicitly positioning themselves as ecosystem players, as hubs within networks of customers, suppliers, and producers of complementary services. Industry observers and regulators are looking on with interest and concern. They want to understand if these companies have developed a new way of competing that might challenge the conventional view of how businesses create and capture value....
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Zillow Is Making Nearly Half Its Money Now From Flipping Homes

Business
Zillow, the real estate search and advertising platform, has gotten into the house-flipping business in a big way. That means the company earned about 41.5% of its revenue from selling homes in the three months ending June 30, according to its most recent earnings report.Zillow made $599.6 million in revenue last quarter, $248.9 million of which came from its Homes segment, which refers to the "buying and selling of homes directly through the Zillow Offers service," which it kicked off in 2018.Zillow is now buying thousands of properties, investing in minor repairs, and then selling them — essentially flipping houses — in 15 markets around the country, with plans to be in 26 markets by mid-2020. It collects a fee from the seller with each of these transactions. The company sold 786 homes and bought 1,535 homes from April to June....
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Why Women and People of Color in Law Still Hear “You Don’t Look Like a Lawyer”

Business
There are certain unspoken rules of success in corporate America, not least of which is “looking the part.” That often means tailored suits, a certain range of coiffed hair styles, and other accoutrements or signals of success. In the legal field, a popular refrain directed at women and people of color is “You don’t look like a lawyer.” It’s the idea that the norms of success, ability, and competence are tied to looking a certain way — usually white and male.As confirmed by a recent report from the National Association for Law Placement and a recent survey of diversity at 232 law firms by Vault and the Minority Corporate Counsel Association, women of color and black women specifically continue to be significantly underrepresented, making up 8.57% and 1.73% of all attorneys, respectively. Law firms are overwhelming white and male despite efforts to recruit people of color from prestigious academic institutions. These candidates often go on to find their ambitions stunted by the unwelcoming landscape of corporate America....
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The Wells Fargo Foundation Announces $20 Million Innovation Challenge Grant Designed for Entrepreneurs

Business
"Innovation is going to be critical to solving this housing affordability issues, no doubt about it. So, one of the other exciting things that we're doing here at the summit is we're announcing a $20 million innovation challenge grant in three areas where we want ideas from entrepreneurs," Campbell says. "Number one, what are the new exciting ideas in how we can create more financing and lower cost for housing? Number two, how can we lower the cost of housing, whether it be materials or construction or architecture? And, then number three, certainly to provide those social services that are necessary to go along with this important field....
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How to Make an Impact At Your New Job

Business
So, you’ve got a new job. Congratulations! You passed the tests and interviews, survived the nerve-wracking wait for your phone to ring and are ready to start your first day and prove that you're as good in real life as you are on paper. Now, if only you understood the culture, the communication and the internal systems your new team uses. Luckily, I have some tips on how to make those potentially bumpy first weeks a bit smoother. When I started working at my current company, I knew nothing. The first days were overwhelming. I had to understand how to report my work, get up to speed with company’s direction and communicate with my manager. In short, all its internal communications. But internal communications is also what separates one company from another and can be fascinating. Mastering it can make also mean the difference between 9-to-5 paper-pushing and embarking on an exciting, meaningful work experience. ...
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Gift Ideas That Will Keep You Top of Mind With Clients

Business
As a business, one of the most important metrics to dominate is mindshare. That is when your client, partner or a prospect thinks about your type of product or service, or better yet -- your entire category -- you come to mind first.This is one of the all-time important metrics to hold. It’s why Coke dominates Pepsi when you think about cola. It’s why Band-Aid is the only brand you think of when you think of bandages. It’s why people drink so much Starbucks, even when there’s a really good specialty coffee shop around the corner.Being top of mind matters. If you can get there, it’s worth staying there....
DailyHum News
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Critical Thinking Is the Skill Many Leaders Lack

Business
There is an essential skill all successful entrepreneurs need, and should look for in new employees, yet is often missing in organizations. And that skill is critical thinking. I teach leadership programs all over the world, and in my experience, it's a topic most leaders haven’t heard of, studied or received any training in, despite the fact that can provide a significant competitive advantage. But why?First let's look at how critical thinking is defined. According to the Cambridge Dictionary, it's characterized as “the process of thinking carefully about a subject or idea, without allowing feelings or opinions to affect you.” I have a simpler definition: thinking about how you think. A few years ago, one of my clients said their goal was to be an Executive Vice President. When I asked why, their answer was, “It’s the next block on the org chart.” I followed up with a dozen more questions investigating why it was their goal, not to be overbearing but to get them to think about it on a different level. ...
DailyHum News
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5 Body Language Cues Entrepreneurs Should Pay Attention to in Any Meeting

Business
In order to thrive (and survive), entrepreneurs need to always be selling, whether it is to potential customers, investors or employees. Yet, sometimes founders believe they sealed the deal, only to find out later the person wasn’t interested.So how can they tell if you are going to get a “yes” from a meeting? Well, it has more to do with what someone doesn’t say.Potential customers, partners and investors may be saying they are interested, but if their nonverbal communication is saying something else, it is unlikely you will close the deal. Falsehoods, lies and impossible promises can easily come out of someone’s mouth, but a person’s body language will not lie. ...
DailyHum News
400400
How to Staff a Cannabis Retail Operation

Business
You should know by now that when compared to other retail businesses, cannabis is a unique vertical. Before embarking on such a nuanced business venture, it’s essential to ask yourself the right questions and understand the steps involved in opening your own dispensary.One of the most important steps in your cannabis retail journey is building a top-notch team to ensure day-to-day operations run smoothly. And with the industry growing at a breakneck pace, more and more career-minded professionals are giving serious consideration to jobs in cannabis.Today, we’re going to look at five of the key roles a cannabis retailer needs to fill and how they fit into your operation....
DailyHum News
400400
Want to Make Money and Get Rich? You'll Need to Get This One Decision Right.

Business
Entrepreneurship is the most likely way to become personally wealthy. You have the highest probability of becoming a millionaire or a multi-millionairethrough your ownership in your business -- which is the foundation that can potentially generate enormous wealth now and in the future.But, you guessed it, there’s a catch. Your ability to leverage your company to build significant personal wealth -- as well as ensure both are legally protected as best as possible -- is largely rooted in one fundamental decision you make: The financial professional you choose to work with.Related: 32 Proven Ways to Make Money Fast...
DailyHum News
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Three Tips to Keep Millennials Engaged

Business
In today’s marketing, technology, retail and media space, Gen Z is the hot topic. As business leaders and brand marketers, it’s crucial that we pay attention to this budding generation, especially as their spending power and influence continues to grow. However, it’s also crucial to remember another often-misunderstood, yet still incredibly relevant, generation: millennials. These days, millennials are the most represented generation in the workplace, and despite what headlines say, many are starting families and buying houses. Within a diverse and continually aging generation, the question remains: How do we keep millennials engaged?...
DailyHum News
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How to Seek Out the Ideal Mentor

Business
Author and speaker Jeff Goins and Entrepreneur Network partner Jeff Rose share some tips on how to get the attention of potential mentors. To start, make it clear that you are easily teachable. Bring along a pen and pad of paper and take notes on what these knowledgeable individuals are saying. The tactic of cold reach-outs and candidly asking someone to talk to you can be extremely effective. Often, people who have found success in a particular field are very eager to share what they have learned. If you do find a mentor, keep in mind that they will want to see you take immediate action and then see your results. ...
DailyHum News
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The Life-Changing Lesson That Turned Stefan Aarnio into a Real Estate Rockstar

Business
In this series called Member Showcase, we publish interviews with members of The Oracles. This interview is with Stefan Aarnio, founder and CEO of BlackCard Elite Academy, a real estate investment training company. It was condensed by The Oracles.Who are you? Stefan Aarnio: I'm the same kid as when I was 16 and wanted to be a rockstar. I was in a band while in school in my early 20s and then played jazz for a few years, but when my dream to play music full time didn’t come true, I jumped into real estate investing. I was making $10,000 a year at the time, so all I wanted was to earn the same amount flipping a house so I could replace my income....
DailyHum News
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How Ava DuVernay Is Finding Blue Oceans in Hollywood

Business
Nine years ago, Ava DuVernay was a publicist. Today she is a breakout director, with her revolutionary “When They See Us” Netflix series reaching 23 million accounts in the first few weeks after its release and receiving 16 Emmy Award nominations. While her career trajectory could be called many things, from extraordinary to meteoric, a close look at DuVernay’s choices, actions, and raison d’être reveal something else: She is showing innovators everywhere how to conquer blue oceans.Blue oceans embody the lifeblood of growth, profits, and innovation. They represent new customers found by bold individuals who have created and captured new perspectives from left field. Red oceans, by contrast, represent existing customers; each product fights mightily to earn even a sliver of market share....
DailyHum News
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How Off-Grid Technology Can Increase Connectivity and Improve the World

Business
In this video, Entrepreneur Network partner Mars Discovery District talks with Miriam Tuerk, the co-founder of Clear Blue Technologies, about the benefits of an off-grid network versus a grid power system.The technology of off-grid power takes away some of the previous expenses associated with building completely new systems. Off-grid power is not only cheaper to install than traditional networks, but it can be implemented in many more locations. Tuerk explains that off-grid technology can improve communication, ensure fair trade and improve access to health care and education. Click the video to hear more. ...
DailyHum News
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Hundreds of Millions Have Downloaded Suspicious VPN Apps With Serious Privacy Flaws. Apple and Google Haven't Taken Action.

Business
When Thomas Jefferson penned the Declaration of Independence, he specified life, liberty and the pursuit of happiness as three of humankind’s “unalienable rights.” More than 230 years later, people are wondering: What about the right to privacy? The conversation isn’t new -- attorney Jacqueline Klosek wrote a book called Data Privacy in the Information Age in 2000 -- but post-Cambridge Analytica, it is newly relevant in the eyes of the general public. We’ve long turned over personal data to companies in exchange for access to goods and services, but for cautious consumers, there have always been tools available to safeguard their personal data. ...
DailyHum News
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Jeff Bezos and Lauren Sanchez Partied With Lloyd Blankfein and Model Karlie Kloss Aboard Billionaire David Geffen's Superyacht

Business
Jeff Bezos is taking time off from Amazon to party with the world's rich and famous.Bezos, who is the world's richest person, was photographed aboard the superyacht of the billionaire entertainment mogul David Geffen this week.Geffen posted a photograph to his Instagram page showing the Amazon CEO lounging on a bean bag. He was joined by a group including his girlfriend, Lauren Sanchez; former Goldman Sachs CEO Lloyd Blankfein; and the model Karlie Kloss and her husband, Josh Kushner.Geffen and Bezos alone have a combined wealth of more than $120 billion.Geffen is known for cruising the high seas with celebrity guests on his 453-foot megayacht, Rising Sun. In the past, this has included Barack and Michelle Obama, Oprah Winfrey, Bruce Springsteen and Tom Hanks. The pop star Katy Perry and the actor Orlando Bloom were on his yacht only a month ago. The yacht used to belong to Oracle CEO Larry Ellison....
DailyHum News
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Entrepreneur Insider Video of the Week: How to Push the Boundaries of Human Potential

Business
As a high-performance psychologist, Dr. Michael Gervais works in the trenches of high-stakes environments, where there is no room for mistakes, hesitation or failure to respond. Dr. Gervais’ client roster includes MVPs from every major sport, Fortune 100 CEOs, as well as internationally acclaimed artists and musicians. Ultimately, Dr. Gervais’ goal is to unpack, then decode, how the greatest performers in the world use their minds to pursue the boundaries of human potential. To accelerate that aim, he has curated conversations with those who have dedicated their lives to becoming the best in his podcast, Finding Mastery. Join us as he discusses the road to high performance and the small steps each of us can take on a daily basis....
DailyHum News
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Free Webinar: The Entrepreneur's Playbook for Going Global

Business
While you’ve likely already experienced some level of success in your regional market and throughout the U.S., expanding globally unlocks sales opportunities when you explore vast new markets for your products. Not sure where to start? We have some answers.Join us for a free webinar called The Entrepreneur's Playbook for Going Global, presented by NetSuite. This webinar will explore many of the benefits of going global, such as reducing your dependence on the markets you have developed in the U.S.It will also aim to point out some of the bigger risks involved while providing tips and tools to help ensure your own steps abroad are successful ones. Attendees of this webinar will learn:...
DailyHum News
400400
Create the Perfect Pitch Deck Without Hiring a Designer

Business
Everyone knows first impressions matter, but you might not realize how much that first handshake impacts your future progress with investors and clients. The human brain gives a lot of weight to that first meeting — meaning a pitch deck can be the foundation of a relationship.A smooth presentation with a slick pitch deck shows potential partners that you’ve got what it takes to succeed. But you don’t have to be a design expert to knock it out of the park — Slides Pro is a great tool for creating masterful presentations in no time.Slide Pro’s editor is designed specifically for startups in need of persuasive decks to help raise capital. You’ll have access to a massive collection of layouts, and will then be offered the option of choosing a preset or creating your own design combinations. But what makes Slide Pro extra valuable is its ability to track who is viewing your deck and their actions during each visit. You’ll see who’s interested in what, and iterate accordingly....
DailyHum News
400400
5 Management Tips for Overwhelmed Team Leaders

Business
Management principles such as instilling a growth mindset in your employees or leading with empathy can pose a noteworthy obstacle in and of themselves, but when you are responsible for managing a large team, that challenge can become even greater. The larger your team, the harder it can be to give each person the individual attention they deserve while still finding time for other important management tasks. If you’re not careful, it becomes all too easy to get overwhelmed or to let certain responsibilities slip.The good news is that overseeing a large team is far from impossible. By incorporating these five essential management practices, you'll be better prepared to lead your team to success....
DailyHum News
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The First Step to Straight Teeth Starts at Home for This Healthcare Startup

Business
In this video with Entrepreneur Network partner Business Rockstars, host Jeanne Yurman talks with the founder of clear-liner business Candid, Bobby Ghoshal. The startup works directly with professionals in the orthodontics field, allowing it to operate at a different price point than its competitors. Ghoshal goes on to explain how his businesstargets working adults who hold disposable income and who might not have been in position to straighten their teeth when they were younger. Click the video to hear more about Candid from its founder. Related: This CEO Says You Shouldn't Expect Entrepreneurship to Be Glamorous...
DailyHum News
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What Men Can Do to Be Better Mentors and Sponsors to Women

Business
Advocating for women’s advancement at work is integral for improving financial results, gender balance, and diversity in our workplaces and leadership teams. Yet data from the Working Mother Research Institute finds that, while 48% of men say they have received detailed information on career paths to P&L jobs in the past 24 months, just 15% of women report the same. And, while 54% of men had a career discussion with a mentor or sponsor in the past 24 months, only 39% of women did.Why? Because leaders, the majority of whom are male and white, don’t adequately sponsor or mentor people who don’t look like them. Recent research from the Center for Talent Innovation reported that a full 71% of executives have protégés whose gender and race match their own. That means that women and minorities don’t benefit from sponsorship like their male colleagues do, and organizations lose out by not gaining the full potential of diverse talent....
DailyHum News
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What a “Price Vocabulary” Is, and Why Companies Need One

Business
The next time you visit a Costco warehouse store, observe the price tags. In addition to showing the cost of an item, Costco’s price tags encode unique information. The price endings, such as $8.99 versus $8.97, convey special meanings to the subset of shoppers who are literate in Costco’s price vocabulary.As one example, when a product’s price ends with .99 at Costco ($6.99, say), it is generally the regular price that shoppers would pay. That means it’s not a limited-time promotion. On the other hand, when prices end with .97, they are for clearance items that have been marked down. These are likely special, limited-time promotions run by the store’s managers to sell slow-moving or seasonal items. There are other specific connotations for prices ending with .88 and .00. An asterisk has its meaning too, as does the date code....

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