Business Video Roundup: 5 Must-See YouTube Videos for Entrepreneurs (Jan. 29, 2016)
This week, Brendon Burchard shows how to re-discover your passion when you’re lacking motivation, a business professor at Columbia explains why a team that’s too talented could result in pecking-order problems, and American Airlines CEO Doug Parker advocates the startup mentality in an hour-long leadership discussion. Plus, Chris Haddon and Jason Balin of Hard Money Makers explain why you should consider your company a marketing company and Evan Carmichael presents Ralph Lauren’s Top 10 Rules for Success.
How to Re-Discover Your Passion
It’s inevitable—even the most successful entrepreneurs hit slumps wherein we find ourselves lacking motivation and enthusiasm. So how do you reignite your passion? Well, first, watch this video. Brendon Burchards’s advice just might inspire you out of your funk, especially if you follow his four tips.
Pecking Order Problems? Your Team May Too Talented
Is it possible to have a team that’s too talented? It most definitely is, says Adam Galinsky, Vikram S. Pandit Professor of Business at Columbia. As he explains in this three-minute video, the most talented teams don’t always net the best results. He discusses what to consider before hiring your team so you can avoid pecking-order problems later on down the line.
American Airlines CEO Doug Parker: Go Take Risks
“Have a startup mentality,” says American Airlines CEO Doug Parker. In this 54-minute video, Parker discusses how the willingness to take risks is necessary to create value in businesses large and small. The discussion is filled with candid leadership insights, including the importance of treating everyone with respect and dignity.
Your Company Is a MARKETING Company (Out-Market Your Competition)
In this 10-minute video, Chris Haddon and Jason Balin of Hard Money Makers lay out why you should consider your company a marketing company, first and foremost, no matter what industry you’re in.
Ralph Lauren’s Top 10 Rules for Success
Evan Carmichael presents Ralph Lauren’s Top 10 Rules for Success, running down tips and words of wisdom from the iconic fashion designer, business exec, and entrepreneur. His rules include “innovate,” “learn from tough times,” and “give back,” which is something every successful entrepreneur should aspire to do.
READ MORE FROM AMERICAN COMMERCIAL CAPITAL
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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…
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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…
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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…
