Weekly Roundup: 5 Must-See YouTube Videos for Entrepreneurs (May 29, 2015)
In this week’s video roundup, Brendon Burchard urges entrepreneurs to start something that matters, Marvel’s Stan Lee discusses success, creativity, and following your passion, and Maria Forleo offers some great tips on how to make your business sound unique (even if it’s not). Plus, Brian Tracy scolds business owners for not spending enough time selling and Evan Carmichael presents Warren Buffett’s Top 10 Rules for Success.
Start Something That Matters
Sometimes you just need that inspirational kick in the butt to reignite your entrepreneurial fire. Brendon Burchard is here to do just that, encouraging viewers to follow their dreams, no matter how hard it may be, and start something that matters to you. Don’t do what other people who don’t understand your dreams think you should do. Follow your heart. You can do it. Thanks, Brendon.
Marvel Comics’ Stan Lee on Success, Creativity and Following Your Passion
The creator of Spider-Man, X-Men, and Hulk also touts following your passion in this 7-minute interview from Business Insider. Every entrepreneur can find some encouragement and inspiration from Stan Lee as he reflects on his life and work and talks about staying creative amid crazy success and keeping focused on doing what you love.
How to Make Your Business Sound Unique (Even If It’s Not)
It’s a challenge faced by most entrepreneurs when entering a competitive field. How do make your business stand out and sound unique, even if your line of products and services are very similar to your competitors? What makes your business different? Maria Forleo tackles this topic with great insight, discussing what she calls “The Four P’s” of uniqueness and how you can apply them to your business to stand out from the pack.
Q&A: How Do You Handle Financial Insecurities as an Entrepreneur?
Sales and marketing is the key to growing any business. Ask any business owner and they’ll tell you how focused they are on selling, but real-world statistics paint a different picture. The average business owner spends only 11% of their time on sales and marketing! Brian Tracy pulls no punches in declaring that entrepreneurs need to Sell More Stuff (SMS) in order to Make More Money (MMM), and he recommends spending 80% of your time face to face with customers. “If you’re not in direct contact with a person who is interested in buying your product or service and is capable of paying for it,” Tracy says, “you’re not working.”
Warren Buffett’s Top 10 Rules for Success
Evan Carmichael presents this video showcasing Warren Buffett’s top 10 rules for success. From “find your passion” to “read, read, read” to “give unconditional love,” Buffett shares nuggets of wisdom with a plainspoken humility that makes it hard to believe that he’s the most successful investor of the 20th century with a net worth of over $70 million.
READ MORE FROM AMERICAN COMMERCIAL CAPITAL
How Factoring Works for a Small Hot Shot Trucking Company
Hot shot hauling is one of the fastest ways to put a truck to work, but it comes with a built-in cash flow trap: you pay for fuel, insurance, and your truck note in real time, while brokers and shippers pay you on their schedule. Invoice factoring closes that gap. Here is exactly how the process works for a small hot shot operation.
The Cash Flow Problem Every Hot…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…
