Business Video Roundup: Retail After COVID, Avoiding Burnout & Prioritizing People
In this week’s business video roundup, Marie Forleo offers up some excellent advice on avoiding burnout, Gary Vaynerchuk talks about why he believes the retail experience will be better in a post-pandemic world, and Stanford Graduate School of Business hosts an enlightening hour-long conversation with Land O’ Lakes president and CEO Beth Ford. Plus, Steve Forbes discusses invention versus innovation with English journalist and businessman Matt Ridley, while StockX co-founder Josh Luber explains why ideas are worthless and execution is the only thing that matters.
Marie Forleo: Trying to Do It All? How to Avoid Burnout as Multipassionate Entrepreneur
In this three-minute excerpt from a Q&A session, Marie Forleo gives some terrific advice about time management and avoiding burnout as an entrepreneur juggling many different ventures.
GaryVee: Why the Retail Experience Will Be Better After COVID-19
“I’m excited for the future of retail,” Gary Vaynerchuk says. “I think you’re gonna see a ton of new concepts at stores that are gonna be fun. In 2035, they’ll be forced to do more than just have it there.” In this 28-minute video, Vaynerchuk gives his thoughts on the retail landscape in a post-pandemic world, offering up lots of valuable insights for both online and brick-and-mortar businesses.
Stanford GSB: Beth Ford, President and CEO, Land O’ Lakes
From Stanford Graduate School of Business, here’s a View from the Top talk with Beth Ford, president and CEO of Land O’ Lakes, who dispenses a lot of wisdom over the course of 53 minutes. “Your priority is always your people,” she says. “It’s important to see people, the whole person, and hold the principle of ‘people first.’”
Forbes: Innovation Flourishes in Freedom – A Conversation with Matt Ridley
Steve Forbes chats with Matt Ridley, renowned British journalist and businessman, about the difference between invention and innovation, why failing is necessary, and how freedom breeds progress.
Inc.: StockX Co-Founder Josh Luber – “Ideas Are Worthless”
“Ideas are worthless. Execution is the only thing that matters,” says Josh Luber, co-founder of StockX, which has dominated the sneaker resale market since its launch. In this video, he talks about how he took StockX from idea to full-fledged business.
READ MORE FROM AMERICAN COMMERCIAL CAPITAL
How Does Factoring Work for Service-Based Businesses?
If you run a service business, you might wonder whether factoring is really for you — it’s often described with examples about shipping goods or delivering products. The good news: factoring works very well for service-based businesses. What you’re factoring is the invoice, and a service invoice is just as fundable as a product invoice, as long as the work is done and billed to a business customer.
What Questions Should I Ask a Factoring Company?
Walking into the conversation with the right questions puts you in control and quickly separates the straight-shooters from the slippery ones. Here’s a practical checklist to bring with you. A good factor will answer all of these clearly and without hedging.
On cost and fees What is your factoring fee, and exactly how is it structured — flat, or does it increase the longer an invoice is unpaid? What…What Are Hidden Fees I Should Watch Out For?
This is exactly the right thing to be suspicious about, because the difference between a fair factoring deal and a frustrating one often lives in the fine print. A reputable factor is transparent; your job is to make sure you’re working with one. Here’s what to look for so nothing catches you off guard.
Ask about each of these specifically, even if the factor doesn’t bring them up:
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