Weekly Roundup: 5 Must-See YouTube Videos for Entrepreneurs (Oct. 30, 2015)
Do you know how to keep stress from shriveling your brain into a raisin? Well, don’t fret, because Marie Forleo has some tips for that in this week’s video roundup. Also on deck: Sir Alex Ferguson on how practice makes a great manager, Etsy’s Kristina Salen on having empathy for others, and Brian Tracy on overcoming fear of failure and fear of success. Plus, business dynamo Steve Wynn offers maybe the best advice of all: keep it simple, stupid.
Former Manchester United Manager Sir Alex Ferguson: Practice, Practice, Practice
In this 45-minute fireside chat, Sequoia Capital Chairman Sir Michael Moritz talks to former Manchester United manager Sir Alex Ferguson, who says that, just as in sports, you have to practice, practice, practice to be a top player in business. They talk about how a manager sets expectations, assesses talent, and communicates with and recognizes employees, leading to practical advice and illuminating insights on being the best manager you can be.
Kristina Salen: “I Didn’t Realize How Far I Could Push Myself.”
This is a short one at just over a minute, but the insight from Kristina Salen, CFO of Etsy, is an important one to keep in mind no matter where life takes you. As a full-time student at Columbia Business School with a full-time job—and being pregnant her last year on top of that!—Salen said she learned how far she could push herself, juggling so many things, and that gave her tremendous confidence. But perhaps even more importantly, it taught her to empathize with the struggles of others—something we all should try to do in business and life.
Stick to SIMPLE Ideas – Steve Wynn
Steve Wynn is an American business powerhouse known for spearheading the construction and operation of several historic luxury casinos and hotels. He’s worth roughly $2.4 billion, so it appears that he knows what he’s doing. And what’s his business philosophy? Keep it simple, stupid.
Q&A: Fear of Success, Finding Belief in Yourself & Fear of Failure
How can I get past the fear of success? How do you create a strong belief in yourself when others do not support you? How can you fight negativity in yourself? These are questions asked by Brian Tracy’s Facebook fans, and in this 5-minute video he answers them, providing inspirational tidbits to find the confidence you need to face your fears and persevere.
How to Keep Stress from Shriveling Your Brain Into a Raisin
It has been scientifically proven that stress makes us stupid—if we’re not handling it right. Thankfully, Marie Forleo has some terrific tips on handling stress so that it doesn’t turn you into an idiot—and so that you can get more out of your business and your life.
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…
