23 Jul What’s trending on business sites
Look for Long-Term Triumphs
When Robert Glazer founded the digital strategy and marketing firm Acceleration Partners, his timing wasn’t great. It was 2007, and the global economy was spiraling toward a massive recession.
It took patience, but the business has taken off. Acceleration Partners has been ranked among the nation’s fastest-growing private companies, having brought in more than $200 million in online revenue for companies such as Adidas, Reebok and Target. Glazer has certainly made a name for himself in business. See more…
A Plan to Win Clients Back After Missteps
No matter how good you are, you’ll occasionally make mistakes. And you’ll lose customers—often the customers you worked hardest to acquire—because of mistakes. It’s inevitable. How you behave immediately after a misstep will determine whether the client is gone forever or whether you can win him or her back. See more…
7 Personality Traits of a Great Leader
If you want to be a leader who attracts quality people, the key is to become a person of quality yourself. Leadership is the ability to attract someone to the gifts, skills and opportunities you offer as an owner, as a manager, as a parent. Jim Rohn calls leadership the great challenge of life. What’s important in leadership is refining your skills. All great leaders keep working on themselves until they become effective. See more…
Y Combinator Boosts Startup Payout, Keeps Equity the Same
Y Combinator, the Harvard of tech incubators whose notable alums include Dropbox, Airbnb and Reddit, is upping the amount of money it will invest in its startups, while taking the same percentage of equity.
Its next batch of fledgling companies will each receive a total of $120,000 for 7 percent in equity. Previously, the Mountain View, Calif.-based incubator offered startups approximately $17,000 for the same percent of equity, plus an $80,000 note from a group of venture investors and firms. Read more…
4 Secrets to Firing Your First Employee
It’s never easy to fire an employee, especially the first time.
The process can play out as a quick version of the five stages of grief. At first the employee might be in complete denial. This fairly quickly turns to anger — directed at the messenger. Then comes the pleading: The employee promises to do whatever is needed to keep the job. This may be followed by sadness, often manifested in crying. And finally, the conversation ends with some level of acceptance, hopefully. Read more…
This Startup Aims to Be the Tesla of Mattresses
Cumbersome, costly and touting a puzzlingly opaque sales model, a startup called Casper saw the $13 billion mattress industry as one in need of a serious reawakening.
“The industry is bloated with sales commissions, excess SKU creation, and retail rip-offs,” said Philip Krim, the company’s CEO, and one of its five founders. “You can’t choose the right bed by lying down in a crowded showroom with a salesperson hovering overhead.” Read more…
Want Success? Surround Yourself With People Who Challenge Your Thinking
- We live in an information-rich, time-poor world, with lots of inputs coming at us in any given moment.
- Although it seems like our environment requires us to multitask, more and more research reveals that single-tasking is the most effective approach to getting things done.
- Single-tasking is particularly critical to the leader who is trying to establish real trust. Read more…
- The Unlikely Business Benefits of Crowdfunding
- Crowdfunding is called crowdfunding for a reason: You’re getting money from the masses, because they believe in your business or perhaps even because they just owe you a favor. Put your company or a product on a crowdfunding site and, if you’re fortunate, you’ll come away with cash and a sense of consumer demand.
- According to a recent article by Marty Lariviere, a professor at Northwestern’s Kellogg School of Management, there may also be some hidden benefits to crowdfunding: inventory management and operational flexibility. Read more…
60 Awesome Social-Media Tools for Entrepreneurs
I know a little about social-media tools, like how to get more leads and referrals on LinkedIn, how to find awesome LinkedIn groups, how to optimize your LinkedIn profile so other people can more easily find you, and how some people use the power of LinkedIn to irritate the living crap out of others.
But since my knowledge tends to be mainly LinkedIn focused, that means I don’t know a lotabout the myriad of social-media tools available for businesses. Read more…
Apple Splits Stock 7-For-1, Will Splash $130B In Cash On Investors
Talk about burying the lede.
Apple announced a 7-for-1 stock split Wednesday, but not until the last sentence of a press release heralding an upsized capital return program to $130 billion and alongside the company’s quarterly earnings report. Read more…
SodaStream Sale Rumors Swirl Again: Starbucks Plays Suitor This Time
- SodaStream’s big invention is a carbonated tap you can go back to again and again. So maybe it shouldn’t be a surprise when rumors recycle as much as the company’s most loyal customers.
- SodaStream shares spiked again on Wednesday after yet another acquisition rumor appeared in an Israeli business publication. This time, the Globes website reported the company is in talks with coffee giant Starbucks to sell a 10% stake. Read more…
- Amazon Gets In The Game With Its New HBO Deal
- Amazon has been desperately trying to compete with Netflix for the streaming content market. For the most part, it’s been running a distant second. A recent survey by Qwilt showed that in the past year Amazon’s market share has grown from 0.6% to 3%, but it’s still small compared to Netflix which accounts for 57.5% of all online video streaming. Read more…
Despite A Legal Tussle With EMC, Startup Pure Storage Raises $225 Million At A $3 Billion Valuation
- Enterprise startup Pure Storage just got a huge vote of confidence from the venture world, even though it’s playing in a chaotic market and the 800-pound gorilla, EMC, has been suing it and some of its employees.
- It just raised a huge $225 million round that valued the company at over $3 billion, Pure Storage announced on Wednesday. Read more…
- Tim Cook Had A Really Interesting Answer For Why iPad Sales Appear To Be Stalling
- Apple’s iPad sales for last quarter fell far below expectations. It sold 16.35 million of them, but analysts were expecting about 19 million.
- On the surface, 16 million sounds like a lot of iPads, but growth in Apple’s iPad business has flatlined. In fact, growth was negative for last quarter.
So, what the heck happened?
How A Satellite TV Company Used Social Media To Give Viewers What They Wanted
You’re watching “Game of Thrones” when (spoiler alert) a character dies. So you do what millions of other fans are doing: You go on social media to tweet your shock and outrage.
What if your TV provider, realizing that you loved “Game of Thrones,” could tailor its scheduling to bring you more shows just like it? One company found a unique way to do exactly that. Read more…