Business Video Roundup: Build Your Inner Circle, What’s Ahead for the U.S. Economy & More
In this week’s roundup of great videos for entrepreneurs and business owners, Gary Vaynerchuk welcomes streetwear moguls Ben and Bobby Hundreds to the latest episode of Coffee & Commerce, Business Insider tells the story of a family-owned Japanese business that has survived more than 25 generations and 1,000 years, and CNBC looks into how China came to dominate the electric vehicle market—and whether the U.S. can hope to catch up. Plus, Patrick Bet-David breaks down 15 qualities you should have in your inner circle, while Steve Forbes shares his thoughts on what’s next for the U.S. economy.
GaryVee: Coffee & Commerce Episode 26: Ben and Bobby Hundreds
Ben and Bobby, founders of the Los Angeles streetwear brand The Hundreds, join Gary Vaynerchuk and Zubin Mowlavi for the latest episode of Coffee & Commerce. What transpires is lots of entertaining, enlightening, and inspiring talk about business.
Business Insider: How One of Japan’s Oldest Businesses Has Survived Over 1,000 Years
Ichimonjiya Wasuke is a traditional confectionery company that has been owned and operated by roughly 25 generations of a single family in Kyoto, Japan. The shop began in 1001 AD, making roasted rice cakes for villagers as the area was hit by epidemics. Now, over 1,000 years later, the family-owned business is suffering a downturn due to the COVID-19 pandemic.
CNBC: Why China Is Beating the U.S. in Electric Vehicles
This 17-minute video from CNBC explores how China came to dominate the electric vehicle market and poses the question of whether it’s too late for the U.S. to catch up. With new national goals to reach net-zero emissions by 2050 and new investments in green infrastructure, the U.S. is making a push that could allow our country to gain more traction.
Patrick Bet-David: 15 Qualities to Have in Your Inner Circle
Your path to greater success can be accelerated if you have a strong inner circle. In this 17-minute video, Patrick Bet-David lists 15 qualities you should look for in people you allow into this elite group.
Forbes: Stock Market Bubble Will Burst & Inflation Is Coming
Whether you agree with him or not, Steve Forbes offers up some worthy food for thought about the stock-market bubble, possible pending inflation, and how these factors and others will affect the U.S. economy moving forward.
READ MORE FROM AMERICAN COMMERCIAL CAPITAL
The Bank Said No. Your Growth Doesn’t Have to Wait.
Part of our Honest Answers series — straight talk about financing a growing business.
You did everything right. You landed the bigger customer, won the contract, or saw demand climb faster than you expected. So you went to the bank for a line of credit or a term loan to fund the growth — and the bank said no.
It stings, and it doesn’t always make sense.…
The Growth Trap: How Staffing and IT Firms Run Out of Cash by Winning Great Customers
There’s a particular kind of failure that blindsides good companies. It doesn’t come from losing customers, botching a project, or getting undercut on price. It comes from winning — specifically, from landing the exact large, creditworthy, name-brand customer the founder has been chasing for years. The contract closes, everyone celebrates, and four months later the company can’t make payroll.
We call this the growth trap, and it’s one…
How Much Does Invoice Factoring Cost — and How Is My Rate Determined?
It’s the first question almost every business owner asks us, and it’s the right one to ask: what is this actually going to cost me? A lot of factoring companies get vague here. We’d rather just show you the math.
Here’s the short version, and then we’ll break down every piece of it: most of our clients pay an average discount rate of about 4.4% per invoice, and…
