Data brought a slowly moving revolution to the business world. While it has completely changed, and may still change, the way we approach processes, many companies still struggle with it. There's an implicit understanding that being data-driven is beneficial, yet no one can quite pinpoint how to become data-driven. Most organizations build data analytics like they would create any new department. It's a somewhat isolated project that's intended to provide valuable insights to others. Unfortunately, such an approach can lead to many organizational errors that make data teams inefficient. A common red flag in a business is if the data team produces little to no impact on daily operations. It may become visible due to an internal complaint or through day-to-day operation analysis. However, there are ways to avoid this issue. Related: The Hidden Advantages Data-Driven Sales Teams Have Data silos and other problems Businesses, in a poetic way, woke up one day to find … [Read more...] about Why Businesses Should Take a Cultured Approach to Data
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Dear Brit: ‘What Can I Do to Help My Business Grow?’
Brit Morin was 25 when she left Google to start Brit + Co , a lifestyle and education company aimed at helping women cultivate creative confidence. Now — 10 years, $50 million in funding and 1.2 billion pageviews later — Morin’s passion is empowering more women to take the entrepreneurial leap. She’s a managing partner at VC fund Offline Ventures, host of iHeartRadio podcast Teach Me Something New , creator of Selfmade, a 10-week start-your-own-business course for women founders, and most recently — Entrepreneur advice columnist. Find her here answering the most personal and pressing questions of women entrepreneurs . Have a question for Brit? Email it to [email protected] , and she could answer it in an upcoming column! I feel stuck in my business. What can I do to help it grow? Feeling stuck in your biz can be super uncomfortable, but it's also an opportunity to take a step back and reevaluate what is and isn't working. Depending on the specifics of what … [Read more...] about Dear Brit: ‘What Can I Do to Help My Business Grow?’
You Don’t Have to Be a Business Owner to Think Like an Entrepreneur
In this ongoing series, we are sharing advice, tips and insights from real entrepreneurs who are out there doing business battle on a daily basis. (Answers have been edited and condensed for clarity.) Who are you and what’s your business? I am Paul Mullis, President of Americas, at Rillion , where I’ve spearheaded the launch of the company in the United States. Our goal is to help AP professionals and finance teams not only save time and money by minimizing manual work, but also provide greater transparency to eliminate bottlenecks in payments and invoice systems. What inspired you to create this business? The recent rise in remote or hybrid work, combined with the vulnerabilities that the AP industry faces with fraud, overdue invoices or incorrectly paid invoices, truly showed me a need to bring a cloud-based solution to the United States to solve this. We're lightening the workload of AP professionals, allowing them to quickly pivot to remote work and focus on … [Read more...] about You Don’t Have to Be a Business Owner to Think Like an Entrepreneur
A CEO Title Doesn’t Always Equal Success. Here’s What Does.
The last time I got a haircut, my stylist and I got into a discussion about wanting more out of life. We talked about taking more time off, making more money, working fewer hours and all kinds of things. As she snipped and combed, I started asking some questions. Did my stylist have a good relationship with her daughter? Could she go on vacation to her favorite spot in the world? Was her job flexible, and did she have great friends? Going through all of these questions, my stylist gradually brightened and so did I. Maybe she didn’t have a crew of stylists working for her, but she was making it — actually, she was crushing it. In our discussion, we learned that sometimes people think of success as a big title like CEO. I can certainly think of CEOs that are enjoying their life, but I can also think of more than one miserable CEO who is swimming in accolades and money but starving for real friends — unable to be present with their families and having no time for the simple … [Read more...] about A CEO Title Doesn’t Always Equal Success. Here’s What Does.
Protect Your Online Privacy with a Special Deal on FastestVPN
Between increases in cyber attacks and the added flexibility of remote work, cybersecurity should be of the utmost importance to every entrepreneur. If you aren't working on a secure network all the time, like if you're working from a coffee shop or library, you need to ensure your connection is safe. One of the easiest ways to do that is with a VPN. And for a limited time, you can get a top-rated option for an extra 20 percent off when you use code VPN20 . FastestVPN, as the name suggests, is a smart, easy-to-use VPN service that delivers outstanding browsing speed without compromising security. It works for Windows, Mac, iOS, Android, smart TVs, and your router to give you browsing protection across all of your devices. You'll enjoy unlimited bandwidth and 99.9 percent uptime with access to more than 200 high-speed servers around the globe, letting you bypass geographic restrictions and download and stream with zero buffering and complete anonymity on P2P-optimized … [Read more...] about Protect Your Online Privacy with a Special Deal on FastestVPN
5 Practical Steps to Help Your Company Survive ‘The Great Resignation’ (and Beyond)
Workers had one thing to say to their employers at the end of 2021: We quit. With the nation's “ quit rate ” reaching a 20-year high last November, you may be searching for ways to retain top talent. You know you have to implement a killer employee retention strategy, and fast, but how do you know what will work? It’s not easy to keep employees on board, but it can be done. Through our calculated retention strategy, my company hasn’t had an employee quit since 2016. That’s right — we made it through " The Great Resignation " without bidding farewell to a single employee. Here are some best practices for retaining employees long term. 1. Embrace flexibility People not only want flexible jobs but have come to expect them. A recent study revealed that nearly 40% of job candidates worldwide said schedule flexibility is one of the top three factors they consider when making career decisions. If you want to recruit and retain top talent, offering workplace flexibility is … [Read more...] about 5 Practical Steps to Help Your Company Survive ‘The Great Resignation’ (and Beyond)
How to Improve Your Digital Copywriting
With the sheer prevalence of digital marketing today, it can be easy to assume the most important digital marketing skills are paid marketing, social media, data science, and other technical skills. But what is really the most important element of any marketing campaign? Your message. And you can't convey your message well without outstanding copywriting . Whether you're tired of shelling out for high-quality copy, you're unhappy with your marketing returns, or you want to start a side hustle, The 2022 Complete Digital Copywriting Master Class Bundle can help you master the art of copywriting . This seven-course bundle includes top training from some of the web's most in-demand instructors, including Phil Ebiner (4.6/5-star instructor rating), Krista Neher (4.5/5 rating), and Mohit Khoria (4.3/5 rating). The beginner-friendly bundle will help you learn the basic principles of copywriting and slowly progress you towards more advanced topics so you can completely overhaul your … [Read more...] about How to Improve Your Digital Copywriting
Blockchain Technology is Revolutionizing the Real Estate Industry
The ownership of property has been a game of written rules and regulations, determined by a judge or court. Now things are different, as the old-world is giving way to the new and digital age. A blockchain ecosystem provides ownership rights efficiently, eliminating the paperwork, bureaucracy and expense while guaranteeing transparency. These are tenets that everyone can accept peacefully and confidently. What is a blockchain transaction? A blockchain transaction is a digital transaction that is recorded on a public ledger. This ledger is distributed across a network of computers, so it is not controlled by any one central authority. A blockchain transaction is verified by the network of computers, so it is very secure. Blockchain transactions are transparent and cannot be tampered with. This makes them ideal for real estate transactions, which are often very complex and involve many different parties. With blockchain, all parties can see the status of the transaction at all … [Read more...] about Blockchain Technology is Revolutionizing the Real Estate Industry
Centara revenue up 40% in first quarter
Centara Grand Island Resort & Spa Maldives boasts 112 spacious villas. Centara Hotels and Resorts reported that its overseas hotels, particularly in the Maldives, performed strongly in the first quarter, 2022. Centara Hotels and Resorts posted total revenue of 3.8 billion baht for the first quarter of 2022, a rise of 40% compared to the same period last year. The firm attributed the revenue increase to its food and hotel businesses due to the country's reopening and lifting of restrictions to prevent the pandemic. Its earnings before interest, taxes, depreciation and amortisation (Ebitda) stood at 951 million baht for this quarter, skyrocketing 96% compared to the corresponding period last year. The Ebitda margin of 24% was also higher than the level recorded in the previous year. The firm recorded a profit before interest and taxes of 184 million baht, an improvement of 157% year-on-year, while the net loss decreased by 91%. As for its hotel business, overseas hotels … [Read more...] about Centara revenue up 40% in first quarter