How to Effectively Communicate to Your Organization in Turbulent Times

Those who do it well will be able to project a vision for the future and map out a practical path forward. Grow Your Business, Not Your Inbox Stay informed and join our daily newsletter now! May 29, 2020 5 min read Opinions expressed by Entrepreneur contributors are their own. During times of rapid change, our ability to adapt to a situation and respond will be tested. These are the times when a leader’s ability to communicate will make the difference between success and failure, regardless of whether they are in the C-suite or on the front line. Those who communicate well will be able to project a vision for the future, map out a practical path forward and create understanding of the implications — all of which are imperative during ambiguous and turbulent times. Therefore, strong communication is more than just a combination of buzzwords. It’s a powerful tool that […]

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How Brick-and-Mortar Stores Can Move Online in a Hurry

Shifting to digital has become instantly mandatory to adapt and survive. Grow Your Business, Not Your Inbox Stay informed and join our daily newsletter now! May 29, 2020 5 min read Opinions expressed by Entrepreneur contributors are their own. Retail had been forced to make some major changes. As all non-essential businesses were urged to shut down, foot traffic into brick-and-mortar retail stores all but vanished. Even with staggered reopenings, the importance of having ecommerce functionality is clearer than ever. Making the shift online can feel like a significant feat, especially with limited resources. Handling online orders —especially transnational, figuring out the supply chain mechanisms, digital marketing and handling customer concerns and questions — is a significant adjustment and learning curve. But if anything, the pandemic proved the need for businesses of all types to be flexible and ready for anything, and specifically, to take the digital leap. Ecommerce will be front and center for the […]

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10 Reasons the Stock Market Will Likely Crash Again

May 29, 2020 5 min read Opinions expressed by Entrepreneur contributors are their own. Despite the fact that many saw it coming, the stock market crash of March 2020 took an enormous toll on global economies. Most G20 countries saw an economic downturn of 30 percent as a result of the global shutdown and widespread panic caused by the global health crisis. Although the stock market has been slowly rising back up over the past couple of weeks, many fear that we haven’t seen the last of its impact on Wall Street. While it’s possible that the situation could continue improving, it’s also not unlikely that we’re due for another crash soon. Another shock may well be coming, as millions of people and businesses fall behind on obligations such as mortgages and corporate loans. Here are 10 reasons why this could happen.  1. A second wave of illness Regardless of where you […]

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How Leaders Can Remotely Create a Strong Workplace Culture

May 29, 2020 8 min read Opinions expressed by Entrepreneur contributors are their own. Although the exact definition of a workplace culture may be different in your company, most business leaders realize the importance of creating a strong and positive culture. A positive culture leads to more creative, happy and productive team members, and more importantly, it also helps everyone work together as one cohesive unit. But, how can you achieve this when you have employees scattered across the world? Well, just because they’re not physically together doesn’t mean it’s impossible. In fact, if you use the following techniques, you’ll be able to successfully create a vigorous workplace culture for your virtual employees. Be patient — not everyone is built for remote work. Here’s a reality check. Not everyone is cut out for remote work. That means in a perfect world, you hire those who can. It can be a lengthy process after scooping […]

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How to Reward Employees in Uncertain Times

May 29, 2020 5 min read Opinions expressed by Entrepreneur contributors are their own. With limited funds, increased physical distance and general uncertainty, you might find it difficult to even consider employee rewards and recognition right now. Yet it’s arguably more important than ever to acknowledge those who continue to commit to their work, whether they are on the front lines or working from home.    If you need some inspiration for employee rewards during times of crisis, consider the following ideas. Related: What Freelancers Can Teach You About Keeping Your Skills Sharp Delivery services for necessities Reward employees for their hard work by helping them cover the cost of food and grocery delivery. Services like Instacart, Shipt and Postmates offer annual subscriptions for free delivery for 12 months. The services typically work with several local grocery stores and restaurants to ensure a variety of choices.  Subscription costs can be as little […]

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Tesla CEO Elon Musk Gets $700 Million in First Performance-Based Payout

It’s the first of 12 payouts for the chief executive. Grow Your Business, Not Your Inbox Stay informed and join our daily newsletter now! May 29, 2020 2 min read This story originally appeared on Engadget Tesla has awarded its CEO, Elon Musk, with the first out of 12 performance-based payouts — and it’s worth over a whopping $700 million. According to a document (via TechCrunch) filed with the Securities and Exchange Commission, Musk has earned 1.7 million Tesla shares worth $775 million, based on the company’s stock price on Thursday. As CNBC explains, Musk doesn’t take a salary, but he owns 18.5 percent of the company. To be able to earn performance-based payouts, he’ll need to reach certain milestones for each of the 12. He received the first one after Tesla’s market capitalization stayed at $100 billion on a 30-day and six-month trailing average. The automaker also had to hit a trailing-four-quarter revenue of […]

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Twitter Slapped a ‘Glorifying Violence’ Label on a Trump Tweet That Threatened George Floyd Protesters in Minneapolis With Getting Shot

In his tweet, Trump said that the military might get involved in the protests and that “when the looting starts, the shooting starts.” Grow Your Business, Not Your Inbox Stay informed and join our daily newsletter now! May 29, 2020 4 min read This story originally appeared on Business Insider Twitter has hidden one of President Donald Trump‘s tweets behind a warning that it violates the platform’s rules on “glorifying violence,” a move that comes hours after he signed an executive order targeting Twitter and Facebook. The tweet in question was about the riots in Minneapolis over the death of George Floyd. Protests, which began Tuesday seeking criminal charges for the police officers involved in Floyd’s arrest, erupted into confrontations with the police that on Thursday caused a police station to be set on fire. Floyd, a 46-year-old black man, died Monday after a white police officer pinned him to the ground by the […]

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Every Government Agency Has Become an Entrepreneur

May 29, 2020 5 min read Opinions expressed by Entrepreneur contributors are their own. I think for the last few years, there’s been a perception of government that it fails to accomplish anything. “Drain the swamp” was the rallying cry (for some) not that long ago. Yet when faced with a crisis, we see what government agencies are really made of. And as the CEO and co-founder of a platform that automates the creation of online government forms, we’ve seen firsthand what kind of leaders are at the local government level during the coronavirus pandemic. Case in point: One of SeamlessDocs’ partners (we call our customers partners), Andrea Terkelsen of Dedham, MA, was set to leave her role as town CFO/CIO at the end of March 2020. But since the pandemic has swept the country, she has requested to be kept past her end date so she can ensure a smooth handoff […]

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This Handy Wand Adds Another Line of Defense Against Germs

It’s a chemical-free way to rid your home of germs, viruses, and bacteria. Grow Your Business, Not Your Inbox Stay informed and join our daily newsletter now! May 29, 2020 2 min read Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. Hygiene is important at all times but it’s especially paramount during a pandemic. The coronavirus can survive up to three days on plastic or stainless steel, materials found in many tools we use every day. Add that to the already well-known fact that cell phones are extremely dirty, and it should be enough to make you take sanitation very seriously. Of course, Clorox wipes are nearly impossible to find these days and expensive to replace, which means you have to […]

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5 Things Business Leaders Hate (And How to Deal With Them)

May 28, 2020 5 min read Opinions expressed by Entrepreneur contributors are their own. All leaders have certain tasks, situations, or responsibilities that they hate. While these dislikes vary from person to person, there are a few that seem to be universally disliked by business leaders. While you might not be able to avoid these tasks or responsibilities altogether, there are some things that can make them a little less painful. Here are five things business leaders hate and some tips for dealing with these issues.  Not having control Generally, business leaders have strong personalities, and they like to be in control. Given that natural inclination, there are few things that most leaders dislike more than not having control over something that impacts their business. Some examples of things like this are regulatory agencies, media coverage, and tax policies.  Unfortunately, there will always be certain policies and occurences that fall outside of a leader’s control. That said, there […]

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Will Remote-Work Policies Lead to a Bay Area Exodus? (Infographic)

Nearly half of Bay Area residents surveyed in a new report said they’ll move if their jobs are permanently remote. Grow Your Business, Not Your Inbox Stay informed and join our daily newsletter now! May 28, 2020 2 min read As Americans adjust to a work-from-home reality, tech companies are taking a stereotypically progressive stance on making those policies permanent. Facebook CEO Mark Zuckerberg said earlier this month that 50 percent of Facebook employees could permanently work from home in the next decade, and Twitter CEO Jack Dorsey told its employees they can work from home permanently unless their jobs require physically going to the office.  So the next question those companies’ employees will likely ask themselves is natural: Why would I stay in the Bay Area if I’m not going into the office? Long the epicenter of tech in the U.S., the Bay Area has become prohibitively expensive for […]

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Why a Strong Mindset is the Foundation of a Successful Entrepreneurial Career

Words like optimistic, determined, persistent and unwavering tend to define established entrepreneurs, but what about the resolve required to just get started? Grow Your Business, Not Your Inbox Stay informed and join our daily newsletter now! May 28, 2020 5 min read Opinions expressed by Entrepreneur contributors are their own. It’s often the case that when one wants to start a business, they think it should begin with an idea and a business plan. But while these are necessary ingredients in entrepreneurship, they overlook the most necessary ingredient of all: their own mindset. There’s a quote from author and entrepreneur Idowu Koyenikan that says, “The mind has a powerful way of attracting things that are in harmony with it  — good or bad.” And it’s true. If you hit one obstacle in building your business and believe it’s a sign that you should give up now, you likely will. But […]

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The Best HR Software For Your Business – 2020 Review

Human resources software helps businesses of all sizes manage various aspects of HR processes. From employee onboarding to payroll, benefits, training, and more, HR software makes everything easier for your HR staff and employees alike. Without HR software, organizations face a bottleneck in the HR department. The only way for employees to access information is by calling HR, sending an email, or physically visiting the HR office. These scenarios aren’t realistic for the modern workforce, especially with so many people working remotely or in the field. The best HR software provides employee self-service tools so people can access crucial information from anywhere. When HR solutions were first released, it was typically licensed as on-premise software. But today, cloud-based technology has made it much easier for businesses to attain and use HR tools to streamline their processes. Whether you’re a first-time buyer or looking to switch from your existing HR solution, […]

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3 Marketing and Customer Experience Trends That Are Transforming Manufacturing

May 28, 2020 6 min read Opinions expressed by Entrepreneur contributors are their own. Most financial advisors would agree that any return that beats the market (which has seen an average annual return of 10.7% since 1871) is pretty darn good. From 1965–2017, Warren Buffett (through Berkshire Hathaway) enjoyed a 20.9% average annual return, and he’s historically one of the best investors in the world. But did you know that the Renaissance Technologies Medallion Fund has gained 71.8% per year from 1994 to 2014, thriving through the Dot Com Bubble and the recent recession? How did Simons and his team achieve such staggering returns? By using robots. According to The Economist, robot trading now accounts for 35% of all stock market trading, 60% of institutional equity asset management, and 60% of all trading and investing overall. Related: 10 Marketing Strategies to Fuel Your Business Growth But what began at the trading desk now […]

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Apple Will Reportedly Team Up With Martin Scorsese on a $180 million Movie

‘Killers of the Flower Moon’ will star Leonardo DiCaprio and Robert De Niro. Grow Your Business, Not Your Inbox Stay informed and join our daily newsletter now! May 28, 2020 2 min read This story originally appeared on Engadget After teaming up with Netflix last year for The Irishman, director Martin Scorsese’s next major flick will reportedly have backing from Apple. Variety, The Hollywood Reporter and Deadline all report that Apple is in final talks with Paramount to jointly back Killers of the Flower Moon, a period crime drama with a $180 million-plus budget, and star names attached including Robert de Niro and Leonardo DiCaprio. Based on a book by the same name, it portrays an investigation into the murders of Osage Nation natives during the early 1920s in Oklahoma. Profit-sharing from oil deposits on their lands had made them wealthy, and eventually targets. A subsequent inquiry by the Bureau of Investigation found widespread corruption among local officials, just as […]

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Is Your Marketing Failing the “Trudge to the Bathroom” Test?

May 28, 2020 5 min read Opinions expressed by Entrepreneur contributors are their own. Since the outbreak began, it can seem like it’s harder than ever to stand out amidst all the noise. We’re writing posts that people don’t read, hosting live streams people don’t attend, and running ads that people don’t click on anymore. And when you combine a decrease in engagement, a loss of income, and a nagging feeling that you’re not even making a contribution, it’s only natural that the internal strife just builds and builds. This lack of engagement, money, and purpose very much defined my life a few years ago. I had developed skills as a communication and messaging expert, yet I was driving for Lyft just to make ends meet. I knew I had valuable skills, but no one else did. Then, a couple of years ago, I made a shift in my marketing that changed everything. When I […]

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Amazon Just Launched a Major Video Game, But It Looks to Already Be a Major Flop

Despite being free-to-play and available on the world’s largest gaming platform, Steam, ‘Crucible’ has already come and gone from the top 100 charts. Grow Your Business, Not Your Inbox Stay informed and join our daily newsletter now! May 28, 2020 3 min read This story originally appeared on Business Insider Did you know that Amazon, the biggest company in the world, launched a big-budget new game last week? The game is called Crucible, and you’re forgiven if this is the first you’re hearing about it. Despite being free-to-play and available on the world’s largest gaming platform, Steam, Crucible has already come and gone from the top 100 charts. As of May 21, the day after it launched, Crucible had around 25,000 concurrent players at peak. By May 22, two days after launch, it had already disappeared from Steam’s top 100 — a list of most-played games on Steam that bottoms out around 5,000 concurrent […]

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4 Ways Founders Can Build Their Social Media Presence

The advice that makes your feed personable and engaging. May 28, 2020 6 min read Opinions expressed by Entrepreneur contributors are their own. Social media has emerged as a powerful marketing tool with cited advantages for business growth. The current economic downturn has propelled this shift, increasing global consumer usage of social media by 21 percent and in-app spending by 20 percent. The numbers point to an opportunity for entrepreneurs to leverage social media to build brand awareness and loyalty.  As our new normal continues to unfold, social media has proven its utility and adaptability. Strong trends towards advancing social commerce continue to transform how brands and consumers interact. Dominating app TikTok is expanding its platform to include “shoppable” ads and marketing analytic tools in its Creative Marketplace. Instagram has far evolved from a photo-sharing platform and now allows users to purchase in-app products and promote business profiles using preview stickers. There […]

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Crisis Adaptation – Whiteboard Friday

Businesses all over the globe are struggling with new challenges as a direct result of the COVID-19 pandemic. With consumers turning to the internet for the majority of their needs, it’s never been more vital to ensure your online presence is easily found and your business updates clearly communicated. In this special edition of Whiteboard Friday, Britney Muller outlines a checklist that businesses can use to meet the changing needs of consumers and improve visibility for local searches. Bonus — We’ve adapted these tips into a free checklist you can download and share: Get the checklist Click on the whiteboard image above to open a high resolution version in a new tab! Video Transcription Hey, Moz fans. Welcome to another edition of Whiteboard Friday. Today we’re going over crisis adaptation, and I first have to give a huge shout-out to Miriam Ellis, who really helped me package all of this up […]

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It Looks Like Trump’s Draft Executive Order Targeting Facebook and Twitter Got Leaked Online

Trump is expected to sign such an order today. Free Book Preview No BS Guide to Direct Response Social Media Marketing The ultimate guide to – producing measurable, monetizable results with social media marketing. May 28, 2020 2 min read This story originally appeared on Business Insider President Donald Trump will target Facebook and Twitter in an executive order on social media, according to a draft that appears to have leaked online. Kate Klonick, an assistant legal professor at St. John’s University’s School of Law, published what she said was a draft version of the executive order late on Wednesday. (You can read it here.) The Techdirt reporter Mike Masnick said he had received the same draft, and Reuters confirmed that it had seen a genuine draft. The draft version of the order, which could still change, names Facebook, Google and Twitter and targets a section of US law under which tech platforms largely aren’t liable for what their users […]

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