Business Video Roundup: Traits to Look for in New Hires, the Power of Self-Discipline & More
I hope everyone had a great Thanksgiving! While we all recover from our turkey hangovers, here are a few short, to-the-point videos full of terrific business advice. On deck: Brian Tracy shares some tips to help sharpen your self-discipline skills, Inspired Capital founder Alexa von Tobel lists the key traits you should look for in new hires, and Goodr founder Stephen Lease talks about the benefits of being able to navigate difficult conversations. Plus, CNBC explores why GM and Ford are worried about RAM (and the business lessons therein) and the latest episode of Entrepreneur Elevator Pitch tackles the lucrative cannabis industry.
Brian Tracy: How to Use the Power of Self-Discipline
In this six-minute video, Brian Tracy extols the benefits of developing and exercising self-discipline—among them, greater success and happiness in business and in life—and he offers up some actionable self-discipline tips you can use starting today.
Inc.: 4 Key Traits to Look for in Every New Hire
Alexa von Tobel, founder of Learnvest and Inspired Capital, talks about the key qualities that every business owner should look for when assembling their team and hiring for important positions.
CNBC: Why GM and Ford Are Worried About RAM
This 10-minute explores the “truck wars” involving three prominent auto makers, but it contains important lessons for entrepreneurs and business owners of all kinds about being aware of your competition, whether you’re ahead of the game or struggling to catch up.
Inc.: How Goodr Founder Stephen Lease Learned to Tackle Tough Conversations
Goodr founder Stephen Lease discusses how he learned to navigate tough business conversations.
Entrepreneur Elevator Pitch: Where Is the CEO, the Co-Founders? Are They at Bingo?
The latest episode of Entrepreneur’s weekly pitch show features business owners in the cannabis industry.
READ MORE FROM AMERICAN COMMERCIAL CAPITAL
Can Factoring Help Me Make Payroll on Time?
Yes. If making payroll is the specific worry that brought you here, invoice factoring is one of the fastest, most reliable ways to solve it. Factoring converts your unpaid invoices into cash within about a day, so you can make payroll on time no matter how slowly your customers pay.
For a lot of business owners, “can I cover payroll this week?” is the single most stressful question…
How Does Invoice Factoring Affect My Business Credit?
This is a thoughtful question, especially if you’re trying to build your business credit carefully. The short answer is that factoring is generally gentle on your credit profile — and in some ways can help it — but there are a few nuances worth understanding.
Start with the most important point: factoring is not a loan, so it doesn’t add debt to your business credit profile the way…
What Type of Invoices Can Be Factored?
Not every invoice qualifies, so it’s worth knowing what makes one factorable before you count on it. The good news is that the rules are sensible, and most standard B2B invoices fit just fine.
At the most basic level, a factorable invoice is one that is owed by another business (or a government entity) for goods or services you’ve already delivered. A few characteristics define a clean, fundable…
