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As a content entrepreneur, sometimes you may feel a weight on your shoulders. After all, according to research from The Tilt, the average time it takes to launch a content business and hire your first talent is about 19 months, during which time you'll be responsible for all the tasks required to build a successful operation. But if you are able (or willing) to expand your workforce, what would you hire someone to do? “Entrepreneurs are visionary thinkers, so they need to hire doers,” says Kate Ertmann, founder of Kate Loves Math. “Even if you're a great doer yourself and…
Family businesses drive considerable economic activity. A recent Global Entrepreneurship Monitor report found that in 48 economies, “75% of entrepreneurs and 81% of established business owners share or co-own their business with a family member.” Editor's note: This article was originally published. entrepreneur magazine. I am the former president of my family's small business and founding executive director of the Bertarelli Institute for Family Entrepreneurship at Babson College. The thing I stress most to my students is that I'm not trying to prepare them to join the family business. While it may be the right option for some people, it…
On April 8, millions of Americans will look to the skies for a once-in-a-lifetime solar eclipse. Business owners on the path to totality may be looking to take advantage of this celestial event by hosting watch parties or offering special eclipse-themed events. There may also be delays due to more people walking the roads in search of the perfect viewing spot. “To limit risk and protect themselves from legal liability, there are several steps business owners can take to prepare their employees, customers, and facilities for disruption,” said Nationwide Commercial Lines Ross. Mark McGee, Control Services Leader, said: “Past solar…
Ever sit soaking in a bathtub, marveling at the products that make a bath so enjoyable? Bath bombs (otherwise known as bath fizzies) come in a rainbow of colors, scents, and shapes, providing an indulgent bath experience. And, as it turns out, they’re easy to make. If you’re creative and looking to turn a hobby into a business, bath bombs are also inexpensive to make and sell. A bath bomb business is the perfect low-risk idea for the first-time entrepreneur. There’s a thriving market for at-home spa experiences and room for newcomers if you find your niche. The global bath…
The cybersecurity and intelligence division that RTX sold is now a company known as Nightwing.The rumors of a separate company come months after RTX revealed the $1.3 billion deal in its quarterly financial filings. An RTX spokesperson told C4ISRNET on April 1 that the contract has been finalized and that Nightwing has “no relationship” with the defense contractor.A spokeswoman did not reveal the name of the buyer. Reuters previously reported that private equity firm Blackstone.Nightwing's leadership includes RTX alumni including John DeSimone, Steve Worley, Timothy Zentz, Jon Check, Lori Scherer, and Ron McDermott. The company claims to have been in…
Story continues below There was a time when fixed deposits (FDs) were the only popular investment in town. We have come a long way and there are now several asset classes available. These include direct stocks, mutual funds (in all categories such as large-cap, mid-cap, small-cap, multi-asset funds, debt funds, etc.), high-yield bonds, and products such as gold and silver. . , international investing, private equity, and much more. Story continues below Many investors, including high net worth investors (HNIs), get so used to fixed deposits that they forget to evaluate their returns in light of inflation. Asset allocation forces…
You just had the world’s best business idea. You worked out all the glitches. The only problem is you’ve built just one product, and you don’t have enough money in your business bank account to buy the materials needed to build more. One option is to find backers who are willing to invest in your business and become co-owners. They’ll supply you with capital, but they’ll also take a share of your profit. Another option is to secure financing and keep control of your company. That’s where your business credit history comes in. This guide shares the importance of building…
Southwest Airlines serves more than 126 million passengers annually and 121 airports in 11 countries, with no involuntary furloughs or layoffs. We have maintained an employee roster of nearly 72,000 people. In addition to its commercial and financial success, Southwest Airlines is also known for its excellent customer service. Southwest has built an impeccable reputation by putting customers first and ensuring employee satisfaction and financial security.By adopting the right strategy for your business, you can adapt this model of customer service excellence to the needs of almost any industry. We explain why Southwest is successful as a company and customer…
What qualifies as a simple business loan?Business loans issued by traditional financial institutions such as banks and credit unions are typically considered the most difficult to obtain. To get a business loan from a bank, you need strong credit, several years of business history, and good financial standing. These loans are also notoriously slow to obtain funding and often require detailed and document-heavy applications.Therefore, while there are no clear standards for what qualifies as an easy business loan, these financing options generally offer speed and accessibility not found in traditional financing.Introducing the features of business loans that are easy to…
If there is any consensus in our otherwise fractured, toxic national debate it is that we cannot go on like this. Our economy is in crisis, exemplified by an annual £100bn shortfall in public and private investment, which must be lifted decisively for Britain to break out of today’s triple whammy of stagnant growth, productivity and living standards. Society reels from alarming gaps in the provision of crucial public services and the yawning unfairness in the distribution of income, wealth and opportunity. Our democracy and state seem incapable of acknowledging the full extent of these deformities, let alone adequately responding…