Business Video Roundup: Jack Ma’s Biggest Mistakes, the Rise and Fall of Pier 1 & More
In this week’s roundup of helpful and illuminating videos for entrepreneurs and business owners of all kinds, Evan Carmichael presents the biggest mistakes of Alibaba founder Jack Ma (and what you can learn from them), Gary Vaynerchuk and Alex Rodriguez talk about new business strategies for 2020, and Practice Makes Perfect CEO Karim Abouelnaga extols the importance of self-improvement as key driving factor in success. Plus, CNBC explores the rise and fall of Fort Worth-based home furnishings retailer Pier 1 Imports, while Simon Sinek explains why you shouldn’t view other companies as your competitors.
Evan Carmichael: The Biggest Mistakes from Alibaba Founder Jack Ma
Evan Carmichael presents the biggest mistakes from Alibaba founder Jack Ma—and how you can learn from your own mistakes to brush yourself off, push forward, and succeed.
Gary Vaynerchuk & Alex Rodriguez Discuss New Business Strategies
No business owner could have prepared their company for 2020 and the coronavirus pandemic. But in this 13-minute video call, Gary Vaynerchuk and baseball legend Alex Rodriguez discuss what you can be doing to stay ahead of the curve, implementing new business strategies that will serve you well in the new normal.
Forbes: Entrepreneur Karim Abouelnaga on Self Improvement as a Key to Success
In this three-minute episode of Unfiltered, Practice Makes Perfect founder and CEO Karim Abouelnaga talks about how consistent self-improvement is a driving factor in his success and an integral part of his business model.
CNBC: The Rise and Fall of Pier 1 Imports
Pier 1 has long been a favorite of those looking for colorful, distinctive home furnishings and seasonal decor, but the Fort Worth-based retailer filed for bankruptcy in February and recently announced that it will be closing its entire business, partly thanks to the pandemic. Will this be good or bad news for other retailers? CNBC investigates in this 14-minute video.
Inc.: Simon Sinek on Why You Shouldn’t View Other Companies as Competitors
Some wise advice from bestselling author and entrepreneur Simon Sinek.
READ MORE FROM AMERICAN COMMERCIAL CAPITAL
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…
What Type of Invoices Can Be Factored?
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…
