Business Video Roundup: Finding a Business Mentor, How Losing Money Can Be Good & More
In this week’s roundup of great videos for entrepreneurs and business owners, Brian Tracy offers advice on how to find a business mentor, Gary Vaynerchuk’s conversation with Uber’s VP of Global Marketing reveals how sometimes losing money can make your brand stronger, and CNBC explores why Under Armour is struggling to remain competitive with other big names in the sports apparel market like Nike and Adidas. Plus, the latest episode of Entrepreneur Elevator Pitch puts the spotlight on female-led businesses, while Stanford GSB professor of marketing Harikesh S. Nair discusses what we can learn from e-commerce in China.
Brian Tracy: 3 Tips to Find a Business Mentor
“Everyone needs a little guidance and outside counsel every now and then,” Brian Tracy says. In this quick video, he offers up three tips on how to find a business mentor to help you stay on the right path and achieve your goals.
GaryVee: How Losing Money Can Make Your Brand Stronger
In this 15-minute video, Gary Vaynerchuk talks with Uber’s VP of Global Marketing, Thomas Ransese, about how they’re trying to build trust with consumers during the COVID-19 pandemic, even if it means losing potential profits over the short term.
Entrepreneur: “This Has Never Happened in the History of Elevator Pitch”
Female-led businesses in mental wellness, medicine, and fashion compete for a funding injection on the latest episode of Entrepreneur Elevator Pitch. Watch it for ideas on how to refine your pitch game, but stick around for the entertainment.
CNBC: How Under Armour Fell Flat During the Athleisure Boom
This 18-minute CNBC mini-doc explores the rise and (current) fall of Under Armour, which grew to become one of the world’s largest sports apparel brands in less than 20 years. Now, however, sales growth has stagnated and its stock has plummeted. Will it be able to regain its momentum? And what can business owners learn from its trajectory?
Stanford GSB: What We Can Learn from E-Commerce in China
Stanford Graduate School of Business professor of marketing Harikesh S. Nair talks about what American entrepreneurs and business owners can learn from e-commerce in China.
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…
