2014 will be an important year for many popular startups as founders will need to prove that a cool idea can also make money. 2014 Is A Make Or Break Year For These 7 Startups: Several companies have launched recently that offer innovative services and cutting-edge technology. Some of these companies have resonated with users, investors and the press to create a perfect opportunity for growth and long-term success. Many of these companies, though, still haven’t proven that they have viable, … [Read more...]
What Would Judge Judy Do?
She has been ranked more trustworthy than the Supreme Court, beat Oprah Winfrey in ratings and makes $47 million per season. Here are 5 things Judge Judy Sheindlin can teach you about success. December 06, 2013Judy Sheindlin, the New York family court judge turned TV star, is by all measures a great success. She is happily married. Her program, Judge Judy, is the number-one syndicated show on daytime TV with more than 9 million daily viewers. She even beat The Oprah Winfrey Show in ratings … [Read more...]
9 Buzzwords That Can Make You Sound Dumb
Are you guilty of using buzzwords like "pivot" or "bandwidth"? When used incorrectly or excessively, buzzwords can do some serious damage. Language reveals a great deal about a person. The words you choose, how you choose to say them and to whom you say them gives clues about your level of education, your comfort level, even your outlook on life. One of the worst language mistakes you can make in a business setting is using buzzwords the wrong way or after they've already “jumped the shark.” … [Read more...]
Be Like Bezos: 5 Lessons From A Business Icon
Jeff Bezos took Amazon from sales of $7,000 to $1 billion a week. A new biography, The Everything Store, shines a spotlight on his incredible accomplishments. Who is the most admired tech entrepreneur in the world today? Most people will reply Mark Zuckerberg, Larry Page, Sergey Brin, Steve Jobs or perhaps Elon Musk. Fewer people would reply Jeff Bezos. After reading The Everything Store, a recently published biography of Jeff Bezos written by Brad Stone, however, my answer is Bezos. Bezos … [Read more...]
Dark Search: How Google Is Quietly Killing SEO
By encrypting users' search queries, Google is cutting off its search data supply. Without it, SEO could become obsolete. What's a business to do? Google recently celebrated its 15th birthday. Without question, it’s the most successful teenager in history. In just a decade and a half, the company has gone from an obscure startup founded by students in a garage to one of the most important companies in operation today. Google’s current stock price is above $1,000, and with a total market … [Read more...]
How To Protect Your Cash Against Rising Inflation
Inflation rates have been low, but that's about to change in 2014, because of rising inflation. Protect your cash now before rising inflation takes it away from you. The greatest risks to your business are those that go largely ignored by owners. Inflation is one of those forgotten risks. It hasn’t been on most businesses’ radars because inflation has been kept under control for the past five years, averaging only 1.6 percent annually across key consumer goods. However, history and economics … [Read more...]
Lessons From Detroit: How To Protect Yourself If Your City Goes Bankrupt
How To Protect Yourself If Your City Goes Bankrupt. It's one thing to worry about your best supplier or customer going bankrupt. With Detroit filing for the largest municipal bankruptcy ever, things have just gotten riskier for entrepreneurs. Bankruptcy laws exist for good reason—three, in fact. They provide an orderly way for filers to acknowledge they can’t pay everything they owe, they provide creditors with the best chance of getting at least some of their money back, and they help provide … [Read more...]
Have Chambers of Commerce Jumped the Shark?
Local chambers of commerce seem to have lost their relevance in today's business world. Here are 3 problems they need to overcome--fast. For some time I’ve been thinking seriously about local chambers of commerce and their role in today’s business world. For centuries, chambers served as an essential member of the local business community, providing valuable advice, relationships and access to government officials. The first local chamber in the U.S. launched in New York in 1768 and was … [Read more...]
Selling to the Poor: A Trillion-Dollar Market Opportunity
Selling products or services that help poor people make ends meet is a trillion-dollar market. But is this good business or exploitation? Common sense dictates that if you want to have a successful business, you should sell to customers who can afford to pay you. Typically, the more money customers have, the greater their ability to pay for goods and services. But a number of companies have taken that conventional wisdom and turned it on its head. Selling to the poor may be the greatest … [Read more...]
Franchise fraud is a rampant problem. Read how one man lost everything so you can avoid the same fate.
What You Can Learn From a Franchise Scam Victim Franchise fraud is a rampant problem. Read how one man lost everything so you can avoid the same fate. Juan came to me in a near panic, practically begging me to help him with his failing business. He was working over 90 hours per week; he was receiving excellent performance feedback from his customers; the company providing his sales leads kept sending more business his way; yet the business was broke. He had to borrow against his home just to … [Read more...]
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