Ten things every entrepreneur should be doing
Putting 20% of all earnings in a separate bank account
You will be amazed at how much money you will save by putting away 20% of everything you earn each time a check comes in and putting it in a separate bank account. This is very easy to do by opening up a new account at another bank and transferring it online each time you get paid.
Have you noticed that you don't understand where your money is going when you waste it, it's because you are not paying attention. [...]
Discover the journey of Shake Shack from a humble hot dog cart to a global fast-food sensation, revolutionizing burgers, fries, and shakes along the way.
What Elon Musk's $44B Buyout of Twitter Means for The Popular Social Media Platform
So Elon Musk bought Twitter, now what?
After only a week of being Twitter's largest shareholder, the multi-billionaire and CEO and chief of SpaceX, Elon Musk, decided to outright buy the company for $44 billion and break the internet in one fell swoop.
What the billionaire may do to the social media platform is anyone's guess, but based on a statement released after the deal was reached where Musk called Twitter “the digital town square where matters vital to the future of humanity are debated” [...]
Generational trauma, also called intergenerational trauma, is a concept used to explain the transmission of challenges within families. It has become a hot topic in recent years due to the focus on redefining mental health and due to the need for accessible and adequate mental health services.
However, as a result of the Covid-19 pandemic or the 'new normal,' it seems as if the cycle of passed down trauma has finally broken.
According to a 2021 Future of Work Abroad survey, Americans who live and work abroad are happier. [...]
When You Are Immersed, You're Drowning and Can't Breathe
Recently, while on a trip, I got a great opportunity to see my business in FULL perspective. One of the first things I can tell you, probably the MOST important thing in order to do this ... is to BREAKAWAY. As the old saying goes, "The grass is always greener on the other side." I mean completely break away no social media, no emails, very limited cell phone use, and spending the time to get to know yourself. [...]
Miami Entrepreneurship Center (MEC261) offers trendy office spaces, at below market prices, for startup companies on month-to-month terms for as little as $595. The center also offers flex membership for $99 per month; that allows members to use their co-working space, Wifi, amenities and access to all MEC261 events. The center is located at the 261 North East 1 Street in the Jane building downtown Miami. Plans for the building include housing a tech incubator, a fashion incubator, a co-working space, and a maker space. All in one location. [...]
Discover Kevin O'Leary, the renowned Shark Tank investor and business mogul. Learn about his entrepreneurial journey, success strategies, and impact on the business world.
Discover how Shure evolved from a small radio parts company to a global audio leader, revolutionizing microphone technology and shaping the sound industry for nearly a century.
Native Instruments revolutionized digital music production with innovative software and hardware. Discover how this tech pioneer transformed the industry landscape.
Discover the story of Evan Spiegel, Snapchat's founder and CEO. Learn about his journey from Stanford student to mobile app entrepreneur and social media innovator.
Discover Anne Wojcicki, co-founder of 23andMe, and her groundbreaking work in personal genomics. Learn about her impact on biotechnology and healthcare innovation.
Discover Alexis Ohanian, co-founder of Reddit and influential tech entrepreneur. Learn about his successful ventures, investments, and impact on the digital world.
Reaching out to share a brand new episode of “Math & Magic: Stories from the Frontiers of Marketing,” hosted by Bob Pittman, Chairman, and CEO of iHeartMedia. In this week’s episode, Pittman speaks with Ben Horowitz, the co-founder and general partner at the venture capital firm Andreessen Horowitz.
In this incredibly insightful episode, Ben discusses hip-hops influence on his career and management style; what the best entrepreneurs have in common; how company culture should adapt and doesn’t need to be rigid, and so much more. [...]
Terrell Samuels, CEO/ developer of Monytize
Photo Credit: La Dalvin Photography
At the height of the pandemic, when spending on home entertainment increased by fifty percent because people were forced to stay indoors for extended periods to avoid the virus, Terrell had this brilliant idea.
Not only did Terrell create a method for friends to communicate online, but he also enabled them to profit from playing and listening to their favorite video games, songs, and films. [...]
Don't Hire Friends, Just Give them the Money
It is not your job to save the world (aka Hire Friends) but if you volunteer, be prepared to work 24 hours a day. I've heard every sob story you can imagine and I'm not falling for it anymore. I'm not saying that it's impossible to have a good experience but it's RARE.
Hiring friends is always a problem. It almost always starts with some kind of a sob story which puts you behind the 8 ball from gate. They have an unfair advantage. [...]
Every black entrepreneur I've ever come across has complained about this at one time or another."Finding good help" it's one of the greatest challenges of most black entrepreneurs. So what is the problem? First and foremost, many times in our search it's a last ditch effort. We will never make the best decisions at the last minute. [...]
There is no question that when it comes to Google Docs, Google Docs is the best word processing application online.
It can be quite a task finding the right word processor and having one is paramount in making sure you get the job done right. [...]
Discover how Howard Schultz revolutionized Starbucks, turning a local coffee shop into a global phenomenon and redefining coffee culture through innovative leadership and vision.
Discover how Steve Chen co-founded YouTube, transforming online video sharing and becoming a tech visionary. Learn about his journey and impact on digital media.
10 Best Loans for Students
Loans for students are a necessary evil.
Student debt is at an all-time high with this year's debt reaching 1.75 trillion. While, at the same time, the nation-wide average for unemployment has skyrocketed with 6.3 million experiencing joblessness. Thus, finding promising loans with affordable interest rates is more important than ever.
Sofi
Fixed APR: 2.49%-7.59%
Variable APR: 1.74-7.24%
Maximum Loan Amount: 100% cost of attendance
With a shockingly low fixed rate of 2.49% -7.59%, Sofi is the number one lender at BlogWallet. [...]
Hiring staff is a significant challenge for entrepreneurs. Hiring Friends and Family can be an even more costly mistake. Imagine if you could clone yourself and delegate the tasks you dislike to someone else
(Photo by Kevin Winter/Getty Images)
Beats Electronics was just sold to Apple for a reported 3.2 Billion dollars. This is the most money Apple has paid to buy any company. The purchase has catapulted Dr Dre into iconic status as the first hip hop billionaire. [...]
Truths about Older Workers
I cannot tell you how many calls and emails I get from industry people who are so stressed out and concerned about things that have not happened yet. There are certain things that we must all face about the industry that we LOVE to make our lives and careers easier...click "next" below
We MUST Know When to Move On
Some of us will wait until hell freezes over to make a move that we should have made 10 years ago. I see it all the time. It's called Denial. [...]
Ways to Deal with Unscrupulous Competitors
A friend said something to me a long time ago that applies to this situation. Why get in the ring with someone, you have already beaten? If imitation is the highest form of flattery, what is straight copying what you do? I don't like that statement because it's not "flattering" when someone copies what you do on the surface but I get what that saying really means. It indicates you are not only on the right track, but you also have a winning formula. [...]
There are many things that set winners and losers apart in the small business game. I'm sure you have heard the old saying... find your passion and the money will come. That's incredibly true and passion is FIRST. If you are in business ONLY to make money chances are you will fail miserably. You will not be dedicated to the creative end or quality service and it will be garbage in and garbage out. For the true black entrepreneur who wants to win... here are some tips. (click "NEXT" to see each segment)
1. [...]
Great Business Management
Congratulations, entrepreneur….you've made it through another year of doing business. There is always room to improve, and my golden rule is, "If a client is not coming back for more services from you, you are doing something wrong."
Too many times, we are living in the business moment and looking for instant financial gratification instead of building a great relationship with a client(s). There are ways you can improve your services that you may be overlooking. [...]