Business Video Roundup: Innovation vs. Tradition, Dealing with Data Breaches & More
In this week’s roundup of great videos for entrepreneurs and business owners, Patrick Bet-David talks about how to measure success, Gary Vaynerchuk discusses the biggest vulnerability to every business, and Evan Carmichael presents five pieces of life-changing advice from Rich Dad founder Robert Kiyosaki. Plus, Lawry’s Restaurants CMO Ryan O’Melveny Wilson reveals how the gourmet chain balances innovation with tradition and McAfee Senior VP Allison Cerra gives practical advice on how your business should deal with a data breach in order to protect both your customers and the most valuable asset you have—your reputation.
Valuetainment: How to Measure Success
Patrick Bet-David offers some words of advice on measuring success as an entrepreneur.
GaryVee: The Biggest Vulnerability to Every Business
“One of the biggest threats to a business’s success is having the personal opinions of one person influence the entire direction of the company,” Gary Vaynerchuk says. Whether or not you agree with his take, GaryVee shares plenty of hard-won advice over the course of this hour-long video, including how to ensure your employees are doing their best work.
Evan Carmichael: 5 Pieces of Life-Changing Advice from Robert Kiyosaki
This 14-miniute video showcases five sterling pieces of advice from Robert Kiyosaki, the businessman and author behind Rich Dad Company, Cashflow Technologies, and all those Rich Dad books.
Stanford GSB: Ryan O’Melveny Wilson on Balancing Innovation and Tradition
Ryan O’Melveny Wilson, chief marketing and strategy officer of Lawry’s Restaurants, talks about how they handle balancing innovation with tradition. The key, he says, is making many small changes instead of a few big ones.
Columbia School of Business: You’ve Been Hacked – Now What?
In this 20-minute discussion at BRITE ‘18, Allison Cerra (Senior Vice President and CMO at McAfee) dishes out practical advice for dealing with hacks and data breaches. How a company reacts to these situations can have a huge impact on its reputation.
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…
