Business Video Roundup: How to Find Leaks, When to Let Employees Solve Crises & More

This week, Marie Forleo gives advice about deciding when to pull the plug on a questionable marketing strategy, Patrick Bet-David reveals how to find leaks in your business, and Emmy-winning producer and entrepreneur Greg Rollett talks about the “right time” to step back and let employees solve a major business crisis. Plus, small-business guru Kate Volman recommends her top five books for entrepreneurs and Brian Tracy offers some tips on how to be a confident leader even in stressful situations.
Marie Forleo: How to Tell If Your Marketing Strategy Is Worth the Effort
Is it time to pull the plug on a marketing effort you’ve already poured a lot of time and money into? Marie Forleo has a three-step process to help you decide whether to stick with a particular marketing strategy or perhaps change your course.
Patrick Bet-David: How to Find Leaks in Your Business
Just one leak can sink a ship. As a small-business owner, it’s imperative that you find the leaks and plug them before the weight of the water starts taking you down. In this 17-minute video, Patrick Bet-David uses concrete examples to illustrate how to find and plug leaks in three different types of businesses (construction, restaurant, and sales office). The advice he offers is applicable to just about any industry.
Entrepreneur: When to Step Back and Let Employees Solve Major ‘Fire-Burning’ Crises
In this eight-minute video, Entrepreneur magazine editor-in-chief Jason Feifer talks with Greg Rollett, Emmy award-winning producer and founder of Ambitious.com, about when it’s wise to step back and let employees solve major business crises rather than handle them yourself.
Kate Volman: Top 5 Books for Entrepreneurs
Entrepreneur Network partner and small-business guru Kate Volman discusses her top five books for business owners and entrepreneurs of all stripes. She begins with the massive bestselling tome Tools of Titans by Tim Ferriss.
Brian Tracy: How to Be a Confident Leader in Uncertain Situations
The ever-reliable Brian Tracy lays out how to maintain your calm and be a confident, effective leader even in uncertain or stressful situations. It’s all about practicing certain habits. Practice makes perfect.
READ MORE FROM AMERICAN COMMERCIAL CAPITAL
What Makes the Best Factoring Company in Houston? An Honest Answer From Someone Who Runs One
Short answer: There is no single best factoring company in Houston. There is a best factoring company for your business, and which one it is depends on your invoice size, your industry, your customers’ credit, how much hand-holding you need, and how much you’re willing to pay for speed. This article gives you the criteria to figure that out — including the questions that will get you an honest…
Survival Skills for Entrepreneurs: Growing a Business Without Running Out of Cash
I’ve been in the factoring business since 1993, and I started American Commercial Capital in 2003. That means I’ve spent more than thirty years looking at the inside of small companies — their invoices, their aging reports, their customer lists, their payroll cycles.
It’s an unusual vantage point. A banker sees a polished loan package. An accountant sees last year. I see what’s happening this week, in real…
What’s a UCC-1 Filing, and Why Does My Factor Need One?
Part of our Honest Answers series — straight talk about financing a growing business.
Somewhere in the factoring agreement, usually right about where you’re feeling good about the deal, you’ll hit a line that says the factor will file a UCC-1 against your business. And for a lot of owners, that’s the moment the stomach tightens. A lien? Against me? I thought I was the one getting paid…
