Weekly Roundup: 5 Must-See YouTube Videos for Entrepreneurs (August 14, 2015)
In this week’s roundup of great videos for entrepreneurs and small-business owners, Bar Rescue‘s Jon Taffer explains why “reaction management” is the key to your success, Brendon Burchard offers valuable insights on how to take care of yourself even when you’re bogged down taking care of others, and Evan Carmichael shares his top five resources for entrepreneurs. Plus, Brian Tracy talks about dealing with difficult people and Robert Siegel discusses human-resources issues for startups.
Bar Rescue’s Jon Taffer: Reaction Management Is the Key to Your Success
Jon Taffer of Bar Rescue fame offers up a bite-size dose of insight that could mean the difference between failure and success for some entrepreneurs. He calls it “reaction management” and he offers clear examples in this 3-minute video so that you can execute your own reaction management plan. Says Taffer: “Understand that those reactions that happen around you drive your future more than you do.”
How to Take Care of Yourself (While Taking Care of Others)
There’s an innate positivity that radiates from Brendon Burchard’s videos and this is no exception. It’s nearly 10 minutes long, but it’s well worth it. It contains valuable insights for anyone struggling to take care of themselves while taking care of others, in both personal and business life. This one is a must-watch. Seriously.
5 Resources to Be a GREAT Entrepreneur
In this 5-minute video, Evan Carmichael—a very successful entrepreneur by anyone’s definition—shares his top five go-to entrepreneurial resources. Topping the list? The Profit, a CNBC reality-TV series about saving small businesses. “You can’t help but learn and think about how can I make my business better in each episode,” he says. There are some great resources in his other choices as well!
Q&A: Breaking Through Clutter & Dealing with Difficult People
Brian Tracy brings his usual relaxed insight and experience to this 6-minute Q&A session in which he discusses arguably the only effective cold-calling method and dealing with difficult people in awkward situations and letting go of the past.
Robert Siegel: Human Resources Issues in a Startup
Do startup teams ignore the importance of HR at their own peril? “What happens often is the tyranny of the urgent gets in the way,” explains Robert Siegel, an expert in Organizational Behavior. You know, stuff like focusing on that new product or service and the day-to-day operations of the business. So human resources inevitably gets neglected. Siegel argues, however, that thinking about HR from the get-go is important and he offers some helpful tips and insights to do it right.
READ MORE FROM AMERICAN COMMERCIAL CAPITAL
What Questions Should I Ask a Factoring Company?
Walking into the conversation with the right questions puts you in control and quickly separates the straight-shooters from the slippery ones. Here’s a practical checklist to bring with you. A good factor will answer all of these clearly and without hedging.
On cost and fees What is your factoring fee, and exactly how is it structured — flat, or does it increase the longer an invoice is unpaid? What…What Are Hidden Fees I Should Watch Out For?
This is exactly the right thing to be suspicious about, because the difference between a fair factoring deal and a frustrating one often lives in the fine print. A reputable factor is transparent; your job is to make sure you’re working with one. Here’s what to look for so nothing catches you off guard.
Ask about each of these specifically, even if the factor doesn’t bring them up:
…Is There a Minimum Revenue Requirement for Factoring?
If you’re a small operation worried that you’re “too small” to be taken seriously, take a breath — factoring is one of the most accessible forms of business funding out there, and many factors specifically serve small companies.
The honest answer is that requirements vary by company. Some large factors prefer sizable clients and set monthly minimums that can feel out of reach for a small business. But…
