Entrepreneur

How to Stay Productive Working From Home

Working from home can be convenient to employees and help companies save money, but it’s not the right fit for every worker. Distractions are plentiful when you are home, and often it’s only the most disciplined who can remain productive and efficient.

“Working from home should be considered dangerous and could be a disaster when you consider the potential impact on your quality of life,” warns Grant Cardone, author of If You’re Not First, You’re Last. “The level of discipline it takes to work from home and generate solid results is intense and most people fail at home because of this one fact.”

If your idea of working from home involves wearing pajamas and juggling personal and work responsibilities at the same time, it’s time to reshape your priorities. Follow these five tips to effectively manage work and life as a remote worker.

Read 5 tips here »

This Hard Rock Hotel Just Raised $1.5 Million Through Crowdfunding

How Would You Handle These 7 Situations?

Running a business oftentimes means dealing with controversial situations and making decisions. Are you making the right ones? Let’s see.

Situation 1: You are working on a large project for a customer. After the project is done you send your invoice for the hours incurred. The customer questions some of the time spent. You know that all of the time spent was legitimate and reasonable. But the customer is being a jerk and wants you to remove some of the hours.

It’s not significant. But it’s annoying. You know you’re right. Some business owners would just cave in and eat the time. Others would never let a jerky customer get the better of them and would fight. What would you do?

Situation 2: An employee borrows $500 from your company. You don’t charge her interest. Six months later she abruptly quits after receiving her paycheck. She still owes you the $500, plus interest. You know where she lives. You’re definitely never going to give her a future reference. But what about the money? Some would pursue the debt because, hey, a debt’s a debt. Do you pursue?

Read the rest »

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The 5 Questions That Will Close the Deal

A good salesperson knows that a customer will purchase a product if it will solve a problem or help simplify his or her life. No matter how many positive attributes your service has, keep this in mind on your next sales call. The one word that can help you close the deal is “why?”  

Getting to the heart of the problem the customer is trying to solve should bring you closer to making a profitable sale. So ask these key questions to understand the customer’s motivation:

  1. Why are you here today?
  2. Why do you have an interest in this product?
  3. Why is that important?
  4. Why now?
  5. Why make this kind of investment?

For more sales tips, check out the video above.

Tricks to Creating a High-Quality Video With Your iPhone

The Esquire Guy: Stop Using Your Phones During Meetings

Big-Name Startups Land on Most-Doomed U.S. Brands List

Could one of your favorite startup companies cease to exist next year? While the survival rate for startups is obviously challenged, one website thinks some big-name startups are headed for disaster.

Each year, the editors at business website 24/7 Wall St. compile a list of companies they believe could quickly go out of business. This year’s list features companies large and small — some which you may know very well.

  1. Lululemon
  2. DirecTV
  3. Hillshire Brands
  4. Zynga
  5. Alaska Air
  6. Russell Stover
  7. Shutterfly
  8. Time Warner Cable
  9. Blackberry
  10. Aeropostale

Read the rest here

Bombshell: Microsoft to Eliminate 18,000 Jobs in Restructuring

Bad news for many Microsoft employees. 

This Startup Wants to Bring Personal Breathalyzers to the Masses

artunion

(via alleynyc)

Why do people quit their jobs?
Read it here.

Why do people quit their jobs?

Read it here.

What Helps Entrepreneurs Truck Forward After Massive Loss?

In 10 Lessons to Learn From Failing Startups (Including My Own), John Rampton writes about the importance of co-founders, partners and team members. He takes a page out of his journey to reveal lessons learned from one partnership gone sour, which had resulted in the selling of his company for pennies. 

While peaks and troughs are inevitable for serial entrepreneurs like Rampton, he says one strategy has safeguarded his business and family over the years. Watch this Google Hangout to learn all about it. 

Food Trucks Share Social Media Secrets
With lower overhead and the freedom of the road, food trucks can offer aspiring restaurateurs a chance to cut their teeth and build a fan base before going all-in on a brick and mortar location. To succeed, these mobile businesses have taken advantage of social media and their expertise can be helpful to businesses of any type.
Understand the platforms. Natasha Case, founder of gourmet ice cream sandwich truck Coolhaus recommends maximizing platforms’ specialities. Twitter provides a non-visual voice for the brand, great for alerts and to draw customers to your latest locations. Instagram sells people on well-styled images of artfully-prepared food. Facebook is a clubhouse for the already initiated, perfect for tapping into your ultra fan, who’ll want to name your next menu item or be your customer of the week.
Learn from the masters. When Eric Silverstein of Peached Tortillaopened his truck, he looked to (and copied from) the best. “We were already following the bigger trucks in L.A.,” he says. He watched what worked and what didn’t from other already successful trucks. Among the most popular methods are setting a firm schedule for the trucks and using Twitter to keep followers apprised of their every move and stop. This level of constant communication, especially when combined with responding to specific feedback, keeps followers actively engaged in the conversation.
Read the rest »

Food Trucks Share Social Media Secrets

With lower overhead and the freedom of the road, food trucks can offer aspiring restaurateurs a chance to cut their teeth and build a fan base before going all-in on a brick and mortar location. To succeed, these mobile businesses have taken advantage of social media and their expertise can be helpful to businesses of any type.

Understand the platforms. Natasha Case, founder of gourmet ice cream sandwich truck Coolhaus recommends maximizing platforms’ specialities. Twitter provides a non-visual voice for the brand, great for alerts and to draw customers to your latest locations. Instagram sells people on well-styled images of artfully-prepared food. Facebook is a clubhouse for the already initiated, perfect for tapping into your ultra fan, who’ll want to name your next menu item or be your customer of the week.

Learn from the masters. When Eric Silverstein of Peached Tortillaopened his truck, he looked to (and copied from) the best. “We were already following the bigger trucks in L.A.,” he says. He watched what worked and what didn’t from other already successful trucks. Among the most popular methods are setting a firm schedule for the trucks and using Twitter to keep followers apprised of their every move and stop. This level of constant communication, especially when combined with responding to specific feedback, keeps followers actively engaged in the conversation.

Read the rest »

Maximize the Impact of Handwritten Notes With These 6 Tips

Fast-forward to today. My email inbox fills with dozens of emails — every hour. They are completely unmemorable, and I shuffle through and delete them with the speed and fluency of a late-night gambler on an electronic poker game. I almost always forget them all.

Instead, what I remember these days are the occassional and rare handwritten notes I receive via “snail mail,” such as the “Thank You” cards I received a few weeks ago from a group of university students who visited our warehouse for a tour and chat. I was pleasantly pleased, though somewhat surprised, that I did not receive the thank you messages via email, LinkedIn or Twitter.

Become more fluent at delivering an impactful handwritten message with these 6 tips