Focusing on a Single Product May Be the Key to Dropshipping

How the trending e-commerce practice can work for you. October 19, 2019 4 min read Opinions expressed by Entrepreneur contributors are their own. One out of every ten dollars spent around the world this year will be paid online, according to new research. But what’s more impressive is that within just three years, that number is expected to nearly double, accounting for $5.8 trillion of transactions conducted via e-commerce. So it comes as a surprise to me to see so many commentators disparaging dropshipping, a form of e-commerce where the merchant doesn’t stock inventory, but mediates the transaction between the customer and the factory supplier for a profit. The most significant criticism directed at the dropshipping industry stems from its apparent lack of good customer experience. That’s because the factory ships the goods directly to the customer, by nature of the business model. As a result, they incur high shipping durations and the quality […]

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Most Americans Failed This Digital Literacy Test. Would You?

A Pew survey found that most US respondents could answer fewer than half the questions when quizzed on technology issues. October 18, 2019 1 min read This story originally appeared on PCMag When it comes to digital knowledge, most Americans need to do more homework. (Or maybe we’re just bad at taking tests?) In a recent study conducted by the Pew Research Center, respondents answered 10 questions on a range of technical topics, including cybersecurity, privacy, and social media companies. Most of us know about phishing and cookie, but just 28 percent could identify an example of two-factor authentication, and nearly half weren’t sure what private browsing is. The median number of correct answers was four; only 2 percent aced the quiz with 10 correct answers. Related: Govt Should Undertake Empowerment of Citizens through Digital Literacy Programs Granted, some of these topics can be challenging to keep up with—technology morphs at a lightning pace, […]

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Mark Zuckerberg Suggests Facebook Might Have Helped Prevent the War in Iraq

Mark Zuckerberg suggested Facebook might have helped prevent the Iraq War if it had been around at the time. October 18, 2019 6 min read This story originally appeared on Business Insider Facebook might have been able to help prevent the Iraq War had it existed at the time, Facebook CEO Mark Zuckerberg claimed in a high-profile speech that attempted to recast the controversial origins of the social network in a more noble light.     Speaking at Georgetown University on Thursday, the 34-year-old billionaire chief executive gave a 45-minute address in which he laid out his stance on free speech, pushed back against calls for tighter moderation controls on the social network, and criticized China’s authoritarian censorship. But the start of his speech has also drawn attention — because of how Zuckerberg framed early Facebook as being influenced by the Iraq War. “When I was in college, our country had just […]

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How Today’s Geopolitics Are Creating an Uncertain Future for Global Tech

From Brexit to trade wars, world affairs are having a major impact on both startups and established companies. October 16, 2019 4 min read Opinions expressed by Entrepreneur contributors are their own. There is an estimated $100 billion of venture-capital “dry powder” around the world, readily available and looking for the next big thing in tech. And that’s just the money in funds. There’s a lot more lying in wait in the R&D budgets of individual tech companies. Startups have been transforming industries to be smarter, cheaper and more relevant. Mature industries recognize this trend and are constantly looking for ways to be part of the revolution. While traditional companies and industries try to stay relevant, startups are facing other kinds of challenges, like identifying market needs and developing the right technologies to address them. From core technology providers like Cisco to social platforms like Facebook, many U.S.-founded companies have […]

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‘Fortnite’ Chapter 2 Is the Fresh Start the Game Needed

After 48 hours offline, Epic Games released its reboot of their insanely popular battle royale. So, is it any good? October 15, 2019 4 min read This story originally appeared on Engadget I’ve played Fortnite for over 1,400 hours, but never quite like this. While exploring today’s release of Chapter 2, I swam through crystal-clear rivers, carried a downed teammate and ate a flopper fish while waiting for a speedboat to pick me up. After over a year as the most popular game on the planet, Epic Games’ money machine has the reset needed not only to freshen things up but make the battle royale shooter exciting again. Related: Bumble and Gen. G Form First Pro All-Women Fortnite Team To be clear, this is very much still Fortnite. Your goal is to either eliminate or avoid 99 other players who have parachuted onto a vibrant remote island in order to win a “Victory Royale.” However, with today’s update, that task […]

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4 Undeniable Signs That Your Industry Is Ripe for Disruption

Entrepreneurs should be on the lookout for these massive market opportunities. October 11, 2019 7 min read Opinions expressed by Entrepreneur contributors are their own. Before Amazon, people purchased almost everything in person at a brick-and-mortar store. And while consumers still like to go shopping offline, 76 percent of adults in the U.S. now also consistently make online purchases, according to a recent poll conducted by Marist College and NPR. As Amazon’s customers discovered the undeniable convenience and ease of purchasing books online, it disrupted the entire retail experience.  Today, Amazon is the most successful company on the planet, with a net worth that’s inching eerily close to a trillion dollars, and consumers all around the globe expect to find the products they love with a quick Google search — not just from Amazon, either, but from all of their favorite brands. Retailers that don’t sell products online are now at a serious […]

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Powerpacks Are Coming to Northern California Superchargers

October 11, 2019 2 min read This story originally appeared on Engadget As Pacific Gas and Electric blacks out power across wide swaths of northern California, Tesla CEO Elon Musk mentioned plans in place that could help Tesla owners during power outages. During past emergencies like hurricanes Irma and Florence, Tesla has used its OTA capabilities to give owners a boost, and its Powerwall can store additional power when it detects storms coming. People needing to charge their EVs might not be the same ones in most dire need of assistance while power is out, but it’s a consideration under these circumstances, and an emergency he may be able to comment on without causing a lawsuit later. Related: Elon Musk Says Tesla Owners Will Soon Be Able to Replace Their Horn With Fart and Goat Noises According to Musk, “All Tesla Supercharger stations in regions affected by California power outages will have Tesla Powerpacks within next few weeks.” […]

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How the Mortgage Market is Opening Up to Brokers

An up-and-down past decade is finally starting to level out. October 9, 2019 3 min read Opinions expressed by Entrepreneur contributors are their own. The housing market has gone through a rollercoaster from both the lender and borrower perspectives over the last decade, but recent data highlights a positive outlook. The Health of Housing Markets Report expects the broad market to experience more stability than in years past, thanks in part to slower growth and decreased mortgage rates. This may present an opportunity for licensed mortgage brokers who help consumers get into the home of their dreams or refinance a current mortgage for better terms. However, mortgage brokers have not always had the support of consumers or news outlets covering the housing market. Working with a mortgage broker has gotten a bad rap in some markets because of the consumer focus on fees combined with the perception that getting a […]

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Why Biohacking Is the Latest Major Startup Trend

Breaking down, and demystifying, what’s going on with the new science of self-improvement. October 8, 2019 4 min read Opinions expressed by Entrepreneur contributors are their own. You’ve probably heard of biohacking before. The term tends to be associated with microchip implants, DNA injections and overall creepy sci-fi vibes, and sometimes for good reason. Elon Musk, for example, has expressed interest in linking human brains to smartphones using his startup, Neuralink. He believes that since computers will eventually become smarter than all of us, we might as well be hyper-connected to them through our brains (or something). But these stories are becoming increasingly common. There’s even an entire movement that aims to transform human beings into cyborgs so they can live forever. To many tech entrepreneurs, those forms of biohacking might seem a little out there; too futuristic, not practical enough to guarantee financial success and even a bit scary. However, biohacking doesn’t have to be so grandiose. The core of […]

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Elon Musk Says Tesla Owners Will Soon Be Able to Replace Their Horn With Fart and Goat Noises

Future Tesla models might include unconventional horn sound effects, including goat noises and fart sounds, Elon Musk tweeted Sunday. October 7, 2019 2 min read This story originally appeared on Business Insider In place of a horn, the next generation of Tesla cars may emit the sound of a goat bleating, or a fart noise. Welcome to the future. CEO Elon Musk teased “customized & movement sounds” for future Teslas in a series of tweets Sunday night. It’s not clear whether Musk was serious. Customized horn & movement sounds (coconuts being one, of course) coming to Teslas soon — Elon Musk (@elonmusk) October 6, 2019 Musk said that one of those sounds would be coconuts, an apparent Monty Python reference, and used the wind emoji and goat emoji to tease other sounds that would be available (a fan interpreted the wind emoji as a fart sound effect, which Musk seemingly confirmed). Related: 19 Times Elon […]

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Instagram Launches a Creator Account

Plus, a new chocolate-making robot will make sweets right on your kitchen counter. October 4, 2019 2 min read Opinions expressed by Entrepreneur contributors are their own. Instagram’s new branded creators account is meant to encourage wannabe influencers and content makers to keep creating for Instagram. The account page says it will address “tips, tricks, updates, IGTV, behind-the-scenes, access, insights, and tutorials.” The account unsurprisingly focuses on IGTV, the long-form video arm of Instagram.  Levi’s is announcing new jackets with Google’s Project Jacquard technology, which turns a portion of the fabric on the sleeve into a touch-sensitive remote control for phones. You’ll be able to answer calls, control your music and get directions by using hand gestures on the sleeve of the jacket. The standard Trucker Jacket will launch for $198 this fall.  Palo Alto, California start-up CocoTerra has developed the world’s first kitchen countertop chocolate-making appliance. There is also a companion app that guides users step-by-step during the chocolate making and includes recipes […]

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Facebook Pulls Hundreds of Propaganda Accounts Linked to PR Firms

Apparently, fake news has become big business for PR and marketing firms. October 4, 2019 2 min read This story originally appeared on Engadget Facebook has removed 211 accounts on its main platform, 107 Pages, 43 Groups and 87 Instagram accounts for inauthentic behavior. More importantly, the social network’s investigation revealed that their efforts were coordinated and that they were all linked to PR firms in the UAE (Charles Communications), Egypt (Flexell) and Nigeria (MintReach). The company said in its announcement that these takedowns are part of its ongoing investigation into coordinated inauthentic behavior in the region. In August, it also took down hundreds of accounts and Pages traced back to marketing firms in the UAE and Egypt. Related: Facebook CEO Mark Zuckerberg Stirs Controversy in Leaked Recording  In particular, the firms created fake accounts and used them to post anti-Qatar, anti-Iran and pro-UAE propaganda. Egypt and the UAE cut off their ties with […]

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Here’s How to Act on It.

October 3, 2019 5 min read Opinions expressed by Entrepreneur contributors are their own. IBM recently estimated that within three years, 120 million workers across the globe will require retraining thanks to automation and artificial intelligence. For employers, especially those running startups in which agility and adaptability are vital to success, this kind of statistic should be a wake-up call. In the very near future, the makeup of successful companies will look quite different than it does today. Amazon has been paying attention to this trend. The company announced a $700 million effort to retrain 100,000 workers over the next six years. The tech giant is creating programs based on internal insights and offering training not only for technical positions, but also for jobs such as nursing that don’t fall under the company’s traditional umbrella. Amazon knows that to weather the changes of the future, it needs to be bold about making changes […]

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Mark Zuckerberg Describes in Leaked Recording His Plan of Attack for Taking on TikTok, Facebook’s Newest Threat

Leaked audio obtained by The Verge reveals that Mark Zuckerberg recently fielded a question from an employee about the threat short-form video app TikTok poses to Facebook. October 1, 2019 2 min read This story originally appeared on Business Insider Mark Zuckerberg told employees over the summer that Facebook is slipping its own TikTok competitor into markets before the short-form video app can get too big and powerful. Zuckerberg’s game plan for fighting the increasingly popular TikTok was revealed in audio leaked to The Verge from two July internal meetings at Facebook. During the meeting, an employee posed the question whether Zuckerberg was worried by TikTok’s explosive growth, especially among younger users. “So yeah. I mean, TikTok is doing well,” Zuckerberg replied in the leaked audio. He went on to explain that TikTok is the first major Chinese tech company to become a major competitor globally. Related: 23 Weird Things You Didn’t Know […]

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WeWork Shelves IPO for Now Under New Leadership

WeWork is shelving its initial public offering after a tumultuous six weeks that saw its co-founder and CEO step down. September 30, 2019 2 min read This story originally appeared on Business Insider (Photo: Former CEO Adam Neumann speaking during WeWork Presents Second Annual Creator Global Finals on January 9, 2019.) WeWork is postponing its initial public offering indefinitely. Co-CEOs Artie Minson and Sebastian Gunningham said in a statement, “We have decided to postpone our IPO to focus on our core business, the fundamentals of which remain strong. We are as committed as ever to serving our members, enterprise customers, landlord partners, employees and shareholders. We have every intention to operate WeWork as a public company and look forward to revisiting the public equity markets in the future.” WeWork bonds hit a record low on the news. Related: 12 Crazy Things You Should Know About WeWork After WeWork parent The We Company filed […]

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8 Companies Utilizing AI to Tackle Climate Change

A look to how the private sector is responding to our environmental crisis. September 27, 2019 5 min read Opinions expressed by Entrepreneur contributors are their own. A week ago today, millions of students took to the streets to protest the lack of action governments are taking to combat climate change. On Monday, 16-year-old Swedish campaigner Greta Thunberg made an intense and emotionally charged speech at the United Nations, begging world leaders to step up their commitment to protecting the planet’s future. Headlines around the world echo her rallying cry, accusing our leaders of failing us.  I wholeheartedly agree that governments can, and should, do more to confront climate change. But I have been equally curious about how cutting-edge technology is being used to fight and shelter against the effects of global warming. After all, history has taught us that governments aren’t always as productive as the private sector. That interest led to […]

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Nestle Is Launching Luxury Kit Kat Bars

Plus, a new startup is showing that fertility tech is for men too, and Kyte is a new startup that wants to bring your rental car to you. September 27, 2019 2 min read Opinions expressed by Entrepreneur contributors are their own. Kit Kats are getting an upgrade! Nestle is launching luxury Kit Kat bars…but they are not cheap. The new “Kit Kat Chocolatory” creation costs $17 a bar. The new bar will allow customers to choose from 1,500 flavor combinations, and also features personalized packaging. These are currently being sold in the U.K.  A new startup is showing that fertility tech is for men, too! Dadi is a modern, millennial-friendly sperm testing and storage company.  The company’s mission is to normalize the conversation around reproductive health. Dadi a patented, temperature-controlled kit that is discreetly delivered to your home and back to their lab for $99.  Kyte is a new startup that wants to bring […]

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How to Find the Right Delivery-Management Software

The success of your e-commerce business might depend on it. September 26, 2019 5 min read Opinions expressed by Entrepreneur contributors are their own. With the e-ommerce space growing rapidly, there’s a lot of opportunity for both seasoned and first-time entrepreneurs to start a business online. It’s estimated that the number of people worldwide who make purchases online reach 1.92 billion in 2019 and that global e-commerce sales will reach $3.45 trillion. Whether you plan to capitalize on some of the trending items purchased online or want to go your own way with a unique product, it’s a great time to get involved. Starting an e-commerce business isn’t as simple as launching a website and taking orders, though. There are a lot of things that need to happen behind the scenes in order to make your business work, and one of the most important is a great courier service and comprehensive courier-management […]

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Is the Freight Slowdown Signaling Recession?

Fewer goods being shipped could indicate a recession on the horizon. September 24, 2019 8 min read Opinions expressed by Entrepreneur contributors are their own. Over the past year, several analysts and experts in economic trends have flashed warning signs about the U.S. economy. Not waving a red flag of concern would be a challenge in today’s somewhat chaotic environment, with discussions of trade wars, tariffs and an impending downturn in economic activity across the board. Although it is impossible to predict when the next recession may strike, freight — one of the broadest indicators of economic movement — has been sending mixed signals throughout most of 2019. Many believe that after the most recent data published on industry trends, the downturn in freight over the last six months shows a clear sign of a recession on the horizon. Related: Bond Market Signals Recession, Hurting Stock Prices The signals of a freight recession. […]

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What We Can Learn From the Antonio Brown Saga

The scandal-plagued NFL receiver’s story should be instructive for all business owners. September 20, 2019 5 min read Opinions expressed by Entrepreneur contributors are their own. Are you following the recent NFL drama starring ex-Oakland Raiders wide receiver and current New England Patriot Antonio Brown? It started with Brown’s refusal to comply with new helmet regulations, but it quickly devolved into a spectacle involving his recording of a private conversation with the Raiders head coach Jon Gruden, a threat against the general manager, his subsequent release from the Raiders and near-immediate pick-up by the Patriots. Then came allegations of sexual misconduct, theft and multiple domestic incidents, followed by attendant talk of a possible NFL suspension. It may seem unlikely, but there is much to learn in Brown’s trials for business leaders who want to avoid the stress and cost of  toxic team members. Don’t get caught in the talent-seduction trap. It’s no surprise that the Raiders […]

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