Business Video Roundup: Overcoming Self Doubt, Raising Capital & Getting Customers
In this week’s roundup of great videos for entrepreneurs and business owners, Gary Vaynerchuk implores you to stop holding yourself back, Richard Branson offers up some tips on overcoming self-doubt, and the entrepreneurs recently inducted into Forbes’ 30 Under 30 Class of 2022 share their advice on raising capital to get your business off the ground. Plus, the latest episode of Entrepreneur Elevator Pitch has some great tidbits about getting people to buy your product, while Business Insider reminds us that happy employees can help you succeed.
GaryVee: The World Is Abundant, Stop Holding Yourself Back (London Keynote)
“The quickest way for your business to get much, much bigger is for you to realize that every single thing that’s wrong in your company is not Johnny or Sally’s fault—it’s one-hundred percent your fault because you hired Johnny and Sally.” Just one of Gary Vaynerchuk’s delectable tidbits from this 40-minute keynote at a recent London event.
Inc.: Richard Branson’s 3 Tips for Overcoming Self-Doubt
The Virgin founder shares his hard-won insights into overcoming self-doubt.
Forbes 30 Under 30’s on Raising Capital
In this 11-minute video, the inductees of Forbes’ 30 Under 30 Class of 2022 offer up some wide-ranging advice on how to raise capital to get your business started. Includes advice from Raunak Nirmal (Acquco), Trisha Bantigue (Queenly), Steve Wen (Dray Alliance), and Levi Conlow (Lectric).
Entrepreneur Elevator Pitch: You’ve Got a Great Invention—How Do You Get People to Buy It?
The latest episode of Entrepreneur Elevator Pitch features business owners in the various industries—including fast food, mental health, job placement, and fitness—all vying to raise capital from Entrepreneur’s picky team of investors. One entrepreneur comes to the realization that he may not know his target customer as well as he probably should.
Business Insider: How Happy Employees Help You Get Ahead
A pertinent reminder that happy employees can be instrumental in helping your business succeed.
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…
