Weekly Roundup: 4 Must-See YouTube Videos for Entrepreneurs (July 10, 2015)
In this week's video roundup, discover why your business could benefit from sharing information with competitors, why you shouldn't stop comparing yourself to other people, and how to take the shame out of self-promotion. Plus, Gary Vaynerchuk answers a slew of questions from entrepreneurs, including what do when you have too much business. Not a bad problem to have, really.
Pedro M. Gardete: Should Competitors Share Information?
Should companies share information with competitors? Yes—well, sometimes, depending on the industry, according to Pedro M. Gardete, a Stanford Assistant Professor of Marketing. He studied the DRAM industry (the companies that make the memory chips in our computers, cellphones, and tablets) and discovered that these companies benefit from sharing information. Would sharing information with competitors benefit your company? Maybe. But watch this video first.
Don't Stop Comparing Yourself to Other People
Who says we shouldn't compare ourselves to others? Brendon Burchard argues that we shouldn't remove ourselves from that social context—it's a valuable way to gain perspective, values, and ideas. But there's a right way to do it. In this 10-minute video, Burchard discusses three healthy ways to compare yourself to others.
How to Take the Shame Out of Self-Promotion
"You often hear the term ‘shameless self-promotion' as though there should be shame in self-promotion," Marie Forleo says in this video. "I think it's important that we slow down and really ask ourselves this question: where did we learn that self-promotion is bad? And, more importantly, why do we accept that as the truth?" Forleo gives excellent advice on how to self-promote without shame.
#AskGaryVee: When Does Authentic Marketing Become TMI?
In this 23-minute episode of #AskGaryVee, Gary Vaynerchuk answers questions about daily rituals, Facebook following count, and what do when you have too much business. Also: when does "authentic marketing" cross over into TMI territory? As usual, Vaynerchuk has plenty of advice and insights to share, delivered in an always-entertaining package. It's sitcom-length, so kick back and enjoy.
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If you're a Houston-based entrepreneur who has been searching for ways to improve your business cash flow and get the capital you need to grow, chances are you've come across a dozen Houston factoring companies who all claim to be the answer to all your problems. Invoice factoring, for those who don't know, is when a business sells its accounts receivable (invoices) to a third-party company at a discount. Factoring helps prevent business cash-flow problems by allowing a business to get paid on invoices immediately rather than wait the typical 30 to 90 days to receive a client payment. This eliminates cash-flow restrictions and helps small businesses stay ahead of the game and grow to the next level. Read more
This week, Marie Forleo offers advice on getting started right now instead of waiting for the right moment, Brendon Burchard reveals strategies for following through on your goals, and Gary Vaynerchuk and Erik Wahl (author of The Spark and the Grind) talk about creativity in business. Plus, Evan Carmichael presents Y Combinator president Sam Altman's Top 10 Rules for Success and the guys behind Hard Money Bankers lay out five steps to launching a new business. Read more
This week's roundup of great videos for entrepreneurs and small-business owners includes Gary Vaynerchuk and Tony Robbins discussing a range of topics, Marie Forleo suggesting that you should probably stop comparing yourself to others, and Brian Tracy outlining what exactly makes a successful salesperson. We also have Ben & Jerry's CEO Jostein Solheim discussing "conscious capitalism" and mega-successful restaurateur Cameron Mitchell sharing some excellent advice for all entrepreneurs. Read more