Mitch McConnell Urges FDA To Ease CBD Regulations ‘Within 120 Days’

The Kentucky Senator drafted a proposal that would clear a path for the lawful marketing of hemp-derived CBD products. September 18, 2019 5 min read Opinions expressed by Entrepreneur contributors are their own. Kentucky Senator Mitch McConnell (R), a chief proponent of a hemp legalization provision in the 2018 Farm Bill, has put the pressure on the Food and Drug Administration (FDA) to expedite the path for lawful marketing of hemp-derived CBD products. It’s the latest push by the Senator to get CBD products more funding to educate consumers and to utilize the benefits in food items or dietary supplements. Prior to today’s movement from McConnell, the FDA has said that allowing CBD to be sold as food items or dietary supplements would require it to develop alternative regulations that could take years to complete if no congressional action was used.  McConnell’s plan is to insert language into a congressional spending report that is asking the […]

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How to Go From Zero Audience to 6-Figure Business in One Book

As someone who identifies more as a “writer” than an “entrepreneur” or “marketer,” the term “funnel” has always made me feel icky. I don’t want to funnel people into giving me money. I want to guide them into a situation where they’ll happily pay me for fair value — if it’s right for them. No pressure, just some urgency to help them level up sooner. While there’s certainly a place for things like paid advertising and webinars, as a writer-turned-entrepreneur, the type of “funnel” I feel most comfortable with starts with a book. Over the past few years, I’ve learned it can actually be the most lucrative. Russell Brunson claims to generate $238 in income every time he gives away a free book. But there are two problems: Most authors think books are the pinnacle of creation, so they treat them as the end of the funnel instead of one […]

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Why This Entrepreneur Stopped Watching TV

Hustling isn’t just about doing more, it’s about doing what others won’t. September 18, 2019 2 min read Opinions expressed by Entrepreneur contributors are their own. Like many other entrepreneurs, Entrepreneur Network partner Jeff Rose understood the practice of hustling to mean working hard and dedicating extra time to your goals. Eventually, however, Rose came to think of hustling as doing the one thing that your peers do not do.  For example, Rose cut out watching television. While other people were sitting on their couches in the evening, Rose used the time and opportunity to start working on his finance blog. Eventually, his efforts led to a profit. If you are able to pinpoint one thing that is not working for you, then you should pursue change. If done right, this big change can help you get dramatically closer to success. Click the video to hear more from Jeff Rose.  Related: How The Successful Go […]

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This Healthcare Startup Grew to 450 Employees in 5 Years. Its Founder Has 3 Key Tips for Aspiring Entrepreneurs.

It’s about more than coming up with a good product or service, says the founder and co-CEO of PatientPop. September 18, 2019 5 min read Opinions expressed by Entrepreneur contributors are their own. PatientPop believes in people, process and technology. Utilizing all three of these facets, the company empowers small healthcare practices grow, focusing on helping these providers succeed by improving the overall patient experience. After talking with the company’s founder and current co-CEO Travis Schneider, it’s clear what the company’s vision for the future is. Here’s how the company plans to adapt and disrupt the healthcare industry.  This interview has been edited for length and clarity.  What does your company do?  PatientPop helps healthcare providers adapt to the drastic shift in how people choose doctors and medical care today. Patients no longer rely solely on word-of-mouth. The majority now look online before selecting a doctor, similar to the way they manage other […]

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6 Top Executives Who Credit Other Powerful People for Helping Them Succeed

David Zaslav, Marla Beck, and other business leaders share what they learned from their mentors. September 18, 2019 6 min read Opinions expressed by Entrepreneur contributors are their own. Behind every successful entrepreneur is someone who influenced and guided them. We asked these business leaders and Advisors in The Oracles to tell us about the powerful person, or mentor, who helped them get their start. These are their stories and their advice. 1. Spend time with people you admire. David M. Zaslav Image credit: The Oracles Success is about finding great mentors. For me, those leaders were former General Electric chairman and CEO Jack Welch and Liberty Media chairman John Mallone. You become the people you admire if they let you spend time with them. The more you spend time with them, the more you think like they do, see the world as they do, and ask questions they would […]

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4 Proven Sales Techniques for Introverts

Hate making the hard sell to strangers? Learn these techniques to make sales without going too far outside your comfort zone. September 18, 2019 6 min read Opinions expressed by Entrepreneur contributors are their own. Raise your hand if you’re not a natural salesperson. You’re introverted. You’re deferential. Chatting with strangers is definitely not your favorite cup of tea; the idea of your livelihood hanging in the balance turns tea to mud in your mouth.   I was once in your shoes. I grew my first business by cold calling prospective clients from my kitchen and leaving messages on their answering machines. When they called back, I’d answer in a different voice, as if they’d reached the receptionist of a busy office. As soon as I got my “real” self on the line, the fun began. By fun, I mean degrading terror and awkwardness. I sucked. It didn’t matter how great a deal […]

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How This Entrepreneur Bounced Back After a Failed Pitch Meeting

Here’s how this female entrepreneur bounced back one of “the worst business and pitch experiences I’ve ever had.” September 18, 2019 2 min read Opinions expressed by Entrepreneur contributors are their own. In this video, Entrepreneur Network partner Mars Discovery District speaks with Chia Chia Sun, the CEO of Damiva, about crashing and burning during a pitch and then trying her best to bounce back. Sun discusses how selling her business was especially difficult since there are several taboos surrounding her industry of health. Sun’s company, Damiva, is a health startup that makes natural female health products aiming to break the stigma around women’s health.  After the embarassing and painful pitching experience, Sun came out a little bruised but ready to try again. Later, Sun was pleased when attendees of the pitch meeting inevitably expressed interest in her business.  Despite her original pitch round going poorly, the strength of her product, centered around women’s […]

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Learn The Simple Equation That Tells You If Your Business Will Grow and Scale

Save on visits to the local psychic, this simple calculation will show if your business is going to grow. September 18, 2019 6 min read Opinions expressed by Entrepreneur contributors are their own. Revenue Per Person is an interesting metric to judge the likely success of a company. It’s the total revenues, divided by the total number of full-time equivalent employees. The higher the number, the more money a business makes without needing many people. Technology-driven businesses earn higher revenue per employee. Apple earns over US$2.7M per person with 130K+ employees. Google has 100K+ people and $136B in revenue (2018), earning over $1.3M per person. Facebook earns US$1.4m per person with 40,000+ people and revenue above $56Billion. Microsoft comes in at $875k per person and has 144,000 people with $125 billion in revenue. Labor-intensive businesses have low revenue per employee numbers. Walmart has $514 billion of revenue and 2.2M employees […]

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Feeling Stressed? You Can Still Motivate Your Employees to Do Their Best Work

These smart tips can help you increase employee productivity without sharing the work stress you’re shouldering. September 18, 2019 6 min read Opinions expressed by Entrepreneur contributors are their own. The following excerpt is from Dr. Nadine Greiner’s book Stress-Less Leadership. Buy it now from Amazon | Barnes & Noble | Apple Books | IndieBound Stress can make it challenging for leaders to connect with people by making you isolated or invisible. Some stressed leaders even drive people away. But there are ways to motivate people to partner with you and your team to achieve shared goals, even as you continue your quest to combat and prevent stress. The key is in how you approach them to make the ask. Care about direct reports When you care for your direct reports, there’s a domino effect. Often a manager’s direct reports lead teams of their own, who either lead teams as […]

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How These Athleisure Founders Integrated Philanthropy Into Their Business

These sportswear designers talk about building a brand community and working toward a positive cause. September 18, 2019 2 min read Opinions expressed by Entrepreneur contributors are their own. In this video, Entrepreneur Network partner Business Rockstars speaks with the co-founders of the athleisure brand, Legend, to discuss their ability to leverage their resources to build a philanthropic brand. Part of their winning formula includes working with high-performing athletes and using the training facility owned by NBA star, Kobe Bryant. Additionally, the brand’s melding of athleisure and high-quality cuts and fabrics help differentiate the product. The team admits they have also experienced their moments of self-doubt — especially when putting something new and unexpected out into the market. To combat uncertainty and build goodwill among their fans, the Legend founders focus on building a thriving brand community by turning to their resources and celebrity connections.  Click the video to hear more.  Related: If […]

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How This Family-Owned Cannabis Business Stays Profitable, Self-Funded Despite Tough Regulatory Environment

Autumn Brands’ CFO and Co-Owner, Autumn Shelton, describes the secret to their small business success in the booming cannabis industry. September 18, 2019 4 min read Brought to you by Benzinga The legalization of cannabis has created a multibillion-dollar market with a huge potential. In the rush to take advantage of this growth, thousands of investors are piling into dozens of public cannabis companies. Luckily, there are plenty of companies to choose from, ranging from large producers like Canopy Growth Corp and Tilray Inc. to providers of ancillary services like KushCo Holdings Inc. and Innovative Industrial Properties Inc. Some companies are trading on major exchanges, where they are subject to more scrutiny, but most companies opt for the over-the-counter market or the Canadian market, where it’s easier to list a stock. RELATED: How to Start a Cannabis Business On a Budget Family Owned Businesses On The Sidelines Beyond the headlines, there are dozens, if not […]

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The 8 Best Shared Hosting Plans for 2019

Shared hosting is the most cost-effective way to host your website. So if you’re looking for the cheapest web hosting plans, look no further than shared hosting. The problem is that so many hosting providers out there offer shared web hosting services. Trying to find the best shared hosting service can be like looking for a needle in a haystack. That is, if you don’t know where to look. I’ve seen so many website owners just pick the first or the cheapest option they find. Then down the road, they end up running into problems with their website. You don’t want this to happen to you. That’s why I’ve taken the time to research and identify the best shared hosting plans on the market today. Whether you’re launching a new site from scratch or looking to change hosting providers, you can use this guide to find the best option for […]

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For Cannabis Software, One Size Does Not Fit All

What the rise of the cannabis tool stack means for cannabis retailers looking to grow their business. September 18, 2019 4 min read Opinions expressed by Entrepreneur contributors are their own. As the legalization movement continues, cannabis dispensaries have become more and more like any other mainstream retail operation, such as a shoe or clothing store, Customers expect a superior and tailored experience and the highest quality products for the best prices. But there’s one big difference between the two. Unlike other retail stores, cannabis shops must be in compliance and report to state track-and-trace systems. In order to deliver on that experience while maintaining high levels of confidence in compliance, a dispensary owner must hire top talent, implement sound processes and plan carefully in order to optimize and streamline business operations for continued growth. The technology stack that powers today’s modern dispensary is at the epicenter of executing a successful retail operation in a burgeoning […]

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Get It All Now: Best of the Best Sale Is Open

If you’ve been reading the blog and listening to Copyblogger FM the past couple of weeks, you’ll know that we’re going in a different direction with our education platform. And yet, we still have a ton of current training products that are vital to your digital marketing and sales skill set. So what to do? We’ve decided to retire our current educational lineup next week … but not before making it all available to you one last time at a great, low price. Which you can take advantage of right now, because our Best of the Best of Copyblogger Sale is now open. To join our private education community for digital entrepreneurs, professional writers, and content marketers, just click the button below: Get the Best of the Best of Copyblogger “Copyblogger is the bible of content marketing.” – VentureBeat This is your chance to establish a strong educational foundation that […]

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How Entrepreneurs Can Survive the Next Recession

With speculation about another crash running rampant, it can’t hurt to be prepared. September 17, 2019 4 min read Opinions expressed by Entrepreneur contributors are their own. There has been increasing talk of a burgeoning recession, whether because of a historically rare decade-long economic expansion or recent reports of an inverted yield curve, which is traditionally an indication of a downturn. Any recession is hard on all Americans, but it can be particularly devastating for entrepreneurs, who often have more to lose. Not only does an economic ebb add to the uncertainty of owning and running a business, but it also means opportunities become scarcer, with fewer potential partners willing to invest, consume and otherwise enter into deals. Recessions, of course, are famously hard to predict, but even when there’s mounting evidence of a looming crisis, it can be hard to anticipate timing and how it will affect your industry. Simply closing shop is no solution. It might not […]

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What It’s Like to Climb Mount Everest Without Bottled Oxygen

Just as importantly, here’s what it’s like to train for the feat. September 17, 2019 2 min read Opinions expressed by Entrepreneur contributors are their own. Towering at an ominous 29,029 feet, Mount Everest is — quite literally — the pinnacle of achievement for thrillseekers from around the globe. The punishing consequences of attempting to summit Everest can range from frostbite to death, even under ideal circumstances at such an altitude, and 2019 alone has so far claimed 11 lives. Most who make it to the top do so with the help of bottled oxygen to make up for the elevation’s thinner air. And then there are the daring few who insist on getting there by the power of their own lungs. Our guest for this episode is one of these rare maniacs. As just the fourth person in the world to summit Everest and another 8,000-meter peak in one trip without the assistance of […]

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Researchers Overwhelm Canadian Government With Marijuana Research Requests

After becoming just the second country to legalize marijuana nationwide, Canada has the potential to lead the world in cannabis research – if they can cut the bureaucratic red tape. September 17, 2019 3 min read Opinions expressed by Entrepreneur contributors are their own. Marijuana research in Canada stands in stark contrast with what is happening in the United States. With its progressive approach, Canada has more in common with world-leading Israel when it comes to cannabis research. At least, it has that potential. But red tape is currently standing in the way of success. In the United States, a federally funded researcher has sued the Drug Enforcement Administration because of the poor quality of marijuana available for research. Currently, cannabis used for research in the U.S. is grown in only place, the University of Mississippi. In Canada, researchers don’t have an issue with the quality of the marijuana, but […]

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How to Make Money Wisely With Your Lottery Winnings

Maybe it was that lucky penny you picked up off the sidewalk yesterday. Or maybe it was just coincidence. But you are 1 in 302 million. YOU WON THE JACKPOT! YOU WON THE LOTTERY! If you’re sitting there with an imminent pile of cash, even if it’s not the $654 million prize, you’re likely wanting to be wise with your money. But what should you do? You’ve never had this much money before. The good news is, if you’re wise, you could set yourself up for life and not work another day. You could free yourself from drudgery and live out your dreams. It takes discipline. And if you are willing to sacrifice now, you will gain rewards later. Here’s how you can make money from your piles of cash. 1. Pay Off Your Debts Immediately You were sitting in your living room drinking tepid beer when the winning lottery […]

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This Founder of a Marketing Agency Shares His 3 Pillars for Building Successful Teams

Plus, here’s the importance of establishing and maintaining a culture in your company. September 17, 2019 1 min read Opinions expressed by Entrepreneur contributors are their own. This week on The Rough Cut, Storyhunter co-founder Alex Ragir sits down with Christoph Becker, founding CEO and Chief Creative Officer of Gyro, during the Cannes Lions Festival of Creativity in France.  Becker was a judge at Cannes Lions and is a frequent speaker at leading advertising events like Advertising Week New York & LATAM. Under his leadership, Gyro created the Business Feeling Index, which takes a deep dive into the emotions that drive business-to-business (B2B) decision makers. Ragir and Becker discussed findings from the Business Feeling Index, his three pillars of success for all companies and more. Related: This Marketing Guru Says You Should Focus on a ‘Coalition of the Willing’ Read_More Related posts: This Marketing Guru Says You Should Focus on a ‘Coalition of […]

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How Johnathan Ruggiero’s Search for a ‘Manly’ Wedding Band Sparked the Idea for an Eight-Figure Empire

And why his proudest moment was crucial to the company’s success. September 17, 2019 7 min read Opinions expressed by Entrepreneur contributors are their own. In this series called Member Showcase, we publish interviews with members of The Oracles. This interview is with Johnathan Ruggiero, founder and CEO of Manly Bands, which specializes in unique and affordable mens’ wedding bands. It was condensed by The Oracles. What was a defining moment early in your life? Johnathan Ruggiero: When I was about 10 years old, I was lucky enough to get an old IBM AT computer for Christmas. This was before Windows, so as I remember, there was no “start” menu. Instead, you had to type specific commands to get around — for example, “DIR” to open the directory of files. It was a used computer, so it didn’t come with a manual of the commands, but I had a little […]

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