Business Video Roundup: The Problem with Young Entrepreneurs & More
In this week’s roundup of great videos for entrepreneurs and business owners, Gary Vaynerchuk discusses the reason most people fail in business (it’s not what you think), Steve Forbes discloses his predictions for the Federal Reserve’s meeting next week and how it will affect the economy, and the latest episode of Entrepreneur Elevator Pitch features Netflix co-founder Marc Randolph making a surprise move that shocks his fellow investors. Plus, Deepak Chopra reveals the problem with younger entrepreneurs, while CNBC dives into how Walmart dominated the grocery industry—including some strategies that small businesses can learn from.
GaryVee: The Reason Most People Don’t Win in Business
The always-candid Gary Vaynerchuk gives some terrific advice to entrepreneurs at a fireside chat in Miami. He goes off on real versus fake entrepreneurship, the mistakes he has made throughout his journey, finding equilibrium between work and other aspects of life, and, of course, how artificial intelligence will affect business and society moving forward.
Forbes: How Much Harm Will the Federal Reserve Inflict When It Meets Next Week?
Steve Forbes gives his thoughts about next week’s Federal Reserve meeting. Will it send the economy into a tailspin or are things starting to turn around? Whether you agree with him or not, his ideas are worth considering to help you be prepared either way.
Entrepreneur Elevator Pitch: Netflix Co-Founder Marc Randolph Makes a Surprise Move
The latest episode of Entrepreneur Elevator Pitch features a board of investors that includes Marc Randolph (co-founder of Netflix), Kim Perell (CEO of 100.co), and Logan Stout (founder of IDLife). They’re giving bright-eyed business owners a chance for a lucrative cash infusion that could mean everything, while also delivering some sage advice. “Customers shouldn’t come and go,” Randolph tells one entrepreneur. “They should come and stay. So look for ways to turn your customer base into a community.”
Inc.: Deepak Chopra Has a Problem with Younger Entrepreneurs
Deepak Chopra’s issue with young entrepreneurs is something worth thinking about.
CNBC: How Walmart Is Beating Everyone in Groceries
An interesting look into how Walmart is dominating the grocery market. It’s easy to believe they’re dominating because they have the money and power to do so, but how did they get there? Even small businesses can learn from their strategies.
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…
