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The head of the $6 billion Mansour family was once penniless. Now he's on top of the world. by monica hunter hart,Contributor RFrom poverty to rags to riches. The life of Egyptian investment billionaire Mohamed Mansour depicts the miraculous twists of fortune typical of Victorian novels. When he was 10 years old, his older brother hit him with a car and nearly had his leg amputated. The surgeon ignored his doctor's advice and refused to amputate his limb. Mansour was bedridden for three years, but slowly recovered until he was able to walk again. Mansour was born into a wealthy…
Starting a business requires a basic understanding of business finances, sales, marketing and legal requirements. Depending on the business, the specifics within each step may differ, but below are the general steps you’ll need to take to start a business and the resources that can help you. Featured LLC service offers Free version available Yes Lowest published package price $199 Free version available Yes Lowest published package price $249 Free version available No Lowest published package price $39 1. Conduct market research Conducting research helps you gather information on your potential customers and similar businesses in your local area. With…
Did you know that half of all businesses are started from home? You can own and operate all kinds of businesses remotely, from an online store that you manage by yourself to large scale ventures with physical locations and teams of employees. Ahead, discover 40 home business ideas to kick-start your entrepreneurship journey, along with guidance on how to make them work for you. 40 best home business ideas Buy products in bulk and sell them online Sell homemade products Start a dropshipping store Start a print-on-demand business Offer online services Teach online classes Productize your service or expertise Grow…
From VCU News Staff Dr. Brian P. Brown will become interim dean of the Virginia Commonwealth University School of Business, effective today. Brown is a professor in the Department of Marketing and has experience in academic leadership, research, and teaching. After serving as an assistant professor at the University of Massachusetts Amherst for five years and receiving awards for excellence in teaching, Brown joined VCU as an assistant professor in 2011, an associate professor in 2013, and an associate professor in 2019. I was promoted to professor. Mr. Brown also has over 15 years of experience in marketing, management, and…
Business Vision Live, one of the Southeast's biggest annual business events, has been postponed indefinitely after organizers said they were unable to make it commercially viable since the pandemic.This year's event, scheduled for May 8 at the Kent Event Center in Detling and expected to draw more than 1,500 attendees, has been “postponed until further notice.”Business Vision Live has been running for 17 yearsIt will come as a shock to the business community, which considered it one of the region's biggest networking events.The event attracted more than 150 exhibitors and featured numerous panels and discussions open to attendees (admission free).Organizers…
The hidden revenue generation model is among the most profitable patterns for business models built on advertising. In fact, businesses like Google and Facebook have managed to gain more than $290 billion in 2021 from advertising on their platform, even though many users might not be aware of the mechanisms that drive those platforms. Business Model Explorers The hidden revenue generation model in a nutshell Starting as a social experiment, at Harvard University, back in 2004, Facebook quickly expanded to reach over 1 million monthly active users by the end of the same year. By early 2005, Facebook was already…
If you're an investor, you should pay special attention to the taxes that apply to your investments. There are often ways to legally reduce, postpone, or eliminate taxes on your investment gains, helping you keep more of your profits. So it pays to know the smartest ways to minimize your taxes and put more of your money to work for you. Here are some of the best ways to keep taxes low on your investment income. How investments are taxed The Internal Revenue Service (IRS) taxes investment income differently than it taxes earned wage income. Differences include not only the…
Profile Articles Activity Vivek Astvansh is Professor of Marketing at McGill University's Desautels School of Management. He is also an adjunct professor of data science at Indiana University's Rudy School of Informatics and Computing Engineering. He studies how marketing (ideas, people, actions, and assets) helps companies improve their performance in social, product, and financial markets. His research has been published in (among others) Harvard Business Review, Journal of Marketing, Production and Operations Management, and Manufacturing & Service Operations Management Journal. He teaches strategy and analysis. Before becoming an academic, he worked in the technology industry for 12 years, writing computer…
When businesses face economic uncertainty in a competitive environment, it can be difficult to know whether the right decisions are being made to ensure a stable future for the company and its team.While focusing on what you know and what you're already successful at may seem like the obvious choice, it's also important to recognize when you see a good opportunity to bring in additional revenue. This could be the key to elevating your core business, keeping your brand at the forefront of your industry, and preserving the first impression for existing and potential customers. Here, 16 experts from the…
Entrepreneurs can now leverage cutting-edge artificial intelligence to quickly create effective business plans in minutes.San Francisco, January 19, 2024 LONDON, Oct 23, 2020 /PRNewswire/ — Today, 15minuteplan.ai launched a new, industry-first, AI-powered business plan generator aimed at entrepreneurs and small and medium-sized enterprises (SMEs) that aims to revolutionize the traditional business plan creation experience. Powered by Artificial Intelligence (AI), 15minuteplan.ai simplifies what was once a difficult and time-consuming task into quick and easy steps. 15minuteplan.ai launches new AI-powered business plan creation tool “15minuteplan.ai's mission is to make business planning accessible to everyone,” said 15minuteplan.ai's CEO. “We envision a world where…