Business Video Roundup: Know Your Market & Be a Go-To Expert in Your Field
“Know your business, know your competitors, know your market.” That’s advice from entrepreneur Mikhail Goncharov, who started his business with a single food cart in Moscow in 1998. Today his business has grown into a thriving $120 million chain of restaurants that recently broke into the American market with new locations in New York City. Goncharov’s advice also ties in with the other videos in our roundup this week: Evan Carmichael discussing how to become the go-to expert in your field and Wang Chang telling the story of how he sold his business to Twitter for more than $100 million. Plus, Flexera CEO Jim Ryan talks about the importance of having a clear vision of success as a business leader.
Evan Carmichael: How to Become the Go-To Expert in Your Field
If you can become a go-to expert in your field or market, you stand a much greater chance of achieving market dominance and a regular influx of new customers. In this 13-minute video, Evan Carmichael lays out seven ways to position yourself as an expert in your field.
Here’s How to Sell Your Business for $100 Million
In this 24-minute interview with Wang Chang, the successful entrepreneur describes the road he traveled that led to him selling his business Crashlytics to Twitter for more than $100 million. Chang also discusses his approach to startups, angel investing, and other business topics.
Painting a Clear Vision of Success with Flexera CEO Jim Ryan
Even the most successful business needs strong leadership to continue to grow. In this three-minute video, Flexera CEO Jim Ryan talks about how he inherited a thriving business and managed to improve upon it with strong communication and leadership skills.
This Entrepreneur Started with a Single Food Cart and Now Has a $120 Million Company
Russian entrepreneur Mikhail Goncharov began his business with a single food cart in Moscow in 1998. Today it’s a $120 million chain with 300 locations in Russia and two new locations in New York City. In this brief video, Goncharov offers this advice to fellow entrepreneurs: “Know your business, know your competitors, know your market.”
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…
