WhatsApp today officially launched its new WhatsApp Business app in select markets, including Indonesia, Italy, Mexico, the U.K. and the U.S., ahead of its planned worldwide rollout.
WhatsApp today officially launched its new WhatsApp Business app in select markets, including Indonesia, Italy, Mexico, the U.K. and the U.S., ahead of its planned worldwide rollout.
Let me know if this sounds familiar… Say you have a promising new idea. In order to get the green light to move forward, you are often asked to write an elaborate 30 page business plan, complete with a 5 year financial forecast, and an 18 month product roadmap.
The times of pure Design Thinking are over: Certainly, the last years have seen the rise of Design Thinking and similar processes (most lately design sprints) that help entrepreneurs and managers to create more user-centered products and services.
Whether the thought of attending one more meeting that should have been an email brings you to the brink of despair or you simply want the freedom of calling the shots in your work life, the catalysts for becoming self-employed are many.
Finding a way to earn a little money on the side when you already have a packed schedule is only half the battle — picking a source of this new income can prove equally challenging. Here’s what to do when choosing a side hustle.
Having been blamed as one of the culprits for the spread of fake news, Facebook announced that it is altering its newsfeed algorithm so that users will see less content from sensation-seeking publishers and websites and enjoy more “meaningful” interactions with friends and family.
J D Wetherspoon is well-known in the United Kingdom for its more than 890 pubs, as well as a chain of upscale bars and boutique hotels. The firm, founded in 1979 by Tim Martin, grosses about $2.2 billion a year and employs more than 37,000 people.
If you're in the process of bootstrapping a company, chances are you've read content online on how to do it. In nearly every piece of content on bootstrapping, it's recommended that the business owner ask friends and family for money in the beginning.
When Derek Fagerstrom was growing up, creative young people wanted to do anything but go into business: They wanted to start a band, write a screenplay, or paint murals. But the world has changed. “We’re seeing a totally different approach to business,” says Fagerstrom, who is now 39.
I was coaching Sanjay,* a leader in a technology firm who felt stuck and frustrated. He wasn’t where he wanted to be at this point in his career. He had come to our coaching session, as usual, prepared to discuss the challenges he was currently facing.
This article is by Dave Girouard, CEO of personal finance startup Upstart, and former President of Google Enterprise Apps. He’s well known for building Google’s enterprise apps division into a $1B+ global business. Here he shares his tips for making speed fundamental to your company.
You’re excited to start a business. Maybe you have an idea, or you’re just fascinated with the idea of launching and growing your own enterprise. You’re willing to take some risks, like leaving your current job or going without personal revenue for a while.
Remote working is a trend that's here to stay. In fact, the latest report from Global Workplace Analytics indicates a 103% growth in employees working from home since 2005. It's a trend that positively and significantly impacts a company's bottom line.
MANAGEMENT gurus have chewed over the topic endlessly: is a flair for entrepreneurship something that you are born with, or something that can be taught? In a break with those gurus’ traditions, a group of economists and researchers from the World Bank, the National University of Singapore and Leu
Leaders across the globe feel that the unprecedented busyness of modern-day leadership makes them more reactive and less proactive. There is a solution to this hardwired, reactionary leadership approach: mindfulness.
We all know the story. A team creates a groundbreaking new innovation only to see it mired in internal debates. When it is eventually launched in the market, there is an initial flurry of sales to early adopters, but then sales cycles become sluggish.
If you like dark comedy with a good bit of action, Lord of War is a must-watch. This war-crime film chronicles the life of Yuri Orlov (Nicolas Cage), an immigrant from Ukraine who decides his route to success is through illegal gun trade.
Companies need to increase revenues, lower costs, and delight customers. Doing that requires reinventing the operating model. Companies know where they want to go. They want to be more agile, quicker to react, and more effective.
The average Facebook user spends almost an hour on the site every day, according to data provided by the company last year. A Deloitte survey found that for many smartphone users, checking social media apps are the first thing they do in the morning – often before even getting out of bed.
Ben Thompson is the founder of the subscription newsletter Stratechery. He previously worked at Apple, Microsoft, and Automattic, where he focused on strategy, developer relations, and marketing. I love the way he thinks and writes. I always look at something in a new way after I read his writing.
20 years ago, in January of 1991, a very critical 28-page internal memo — written by the then-head of Disney's film studios, Jeffrey Katzenberg, and distributed to his fellow executives in an effort to refocus their approach — was leaked to the press, and instantly became talk of the industry.
Another day, another revelation of an ethically questionable business practice by Uber. This time The Information reports that Uber secretly tracked Lyft drivers using an internal software program it dubbed Hell.
Tina was at a crossroads. Her daughter had recently left for college, and her husband had his own pursuits. And although she’d once enjoyed banking, she now bore little interest in her work. For some time, she had been asking herself whether she should quit.
Google is a great company — from its record $23 billion IPO in 2004 (at a time when Nasdaq was below 2000!) to its dominant mobile OS. My associates and I have such an admiration for Google that we built our latest web conferencing platform with Google’s technologies.
I co-founded my business NutraBella, Inc. in 2005 after hearing my pregnant friends complain about their horse-pill sized pre-natal vitamins. We dreamed of giving women better vitamin options with Bellybar.
Medium has just launched its subscription service, which for $5 per month will give subscribers access to... something, eventually. At the moment, the service isn’t offering subscribers much beyond the knowledge that their money is going directly to writers.
THERE are obvious reasons for watching “Breaking Bad”: for once the Hollywood hype surrounding the television series is justified. But there is also a less obvious reason: it is one of the best studies available of the dynamics of modern business.
A thought-provoking list was published by that summarizes some science-based commonalities between smart people. Certainly, this is the perfect place to mention that correlation doesn't imply causation. So don't necessarily run out there and get a cat to boost your IQ.
In a casino, the term “rake” refers to the commission that the house earns for operating a poker game. With each hand, a small percentage of the pot is scraped off by the dealer, which in essence becomes the “revenue” for the casino.
The concept of starting a business without a plan would send anyone running -- and for good reason. Every great business begins with a plan that outlines measurable goals and the methods for achieving them. Plans, done correctly, can be a great roadmap.
You don't need more motivation. You don't need to be inspired to action. You don't need to read any more lists and posts about how you're not doing enough.
Writing your business plan. Ughhhh. It's definitely not the most exciting part of starting a business. In fact, if you're like a lot of entrepreneurs, you're probably going to find yourself pulling a few all-nighters to get one done before heading into your first pitch for funding.
Some four years ago, I started Bingo Card Creator, a business which sells software to teachers. At the time, my big goal for the future was eventually making perhaps $200 a month, so that I could buy more video games without feeling guilty about it.
This post originally appeared on LinkedIn. When you start out as an entrepreneur, it’s just you and your idea, or you and your co-founder’s and your idea. Then you add customers, and they shape and mold you and that idea until you achieve the fabled “product-market fit.
I had just finished a talk at a leading technology company when an engineer approached me. “I liked your ideas about personal branding, and I can see how they’d work,” he told me. “But most of them aren’t for me—I’m an introvert.
Do employees complain that your company suffers from a lack of communication? That the left hand doesn’t know what the right hand is doing? Maybe the one doing the complaining is you.
As Costco cuts ties, Amex struggles to hang on. Every year, they got together. Sometimes Costco’s top executives would fly to New York to meet with Kenneth Chenault, the chairman and chief executive officer of American Express, and his team.
Have you ever left a shop, a chat with a friend or a meeting at work and felt like you’ve somehow been duped? It's possible you might have been swayed or swindled by some subtle psychological impressions you weren’t consciously aware of.
Soon after Steve Jobs returned to Apple as CEO in 1997, he decided that a shipping company wasn’t delivering spare parts fast enough. The shipper said it couldn’t do better, and it didn’t have to: Apple had signed a contract granting it the business at the current pace.
[DISCLOSURE: As always when I write about Amazon, I'll note I worked there from 1997-2004 and that I still own some shares in the company. I still have many friends who work there, though I have no more idea what Amazon is working on now than any of you in the public.
Esther is a well-liked manager of a small team. Kind and respectful, she is sensitive to the needs of others. She is a problem solver; she tends to see setbacks as opportunities. She’s always engaged and is a source of calm to her colleagues.
In The New, New Thing, Michael Lewis refers to the phrase business model as “a term of art.” And like art itself, it’s one of those things many people feel they can recognize when they see it (especially a particularly clever or terrible one) but can’t quite define.
Building a business is hard enough. On its official website, the U.S. Small Business Administration purports that “roughly 50 percent of small businesses fail within the first five years.” The odds are stacked against us entrepreneurs.
Mindfulness should be as much a physical practice as it is a mental one. Given its name, you might think mindfulness is something you do only with your mind.
It finally occurred to me the other day why many small businesses don't succeed. It is so obvious, I have no idea why it took me so long to draw this conclusion.
What happens when the tools and technologies we use every day become mainstream parts of the business world? What happens when we stop leading separate “consumer” and “professional” lives when it comes to technology stacks? The result is a dramatic change in the products we use at work
Focus on building a business so incredible people throw money at you. Like driving down a lonely highway on a dark, foggy night, entrepreneurship can be a little scary. But hopefully at least one of the above tips will help you navigate through the fog a little easier with more confidence.
Dear Lifehacker, I'm tired of the rat race and have been dreaming about starting my own business for some time. Having never done this before, though, I'm nervous about taking the plunge. How can I tell if starting my company is really a good idea or if it'll be doomed to failure?
People size you up in seconds, but what exactly are they evaluating?
No matter what stage you’re at in the entrepreneur journey, whether you just launched your first startup or have started several successful businesses, you can always use the advice of people who have "been there, done that.'’ What better way to get advice then from the pages of a book?
Not long ago, I moved apartments, and beneath the weight of work and lethargy a number of small, nagging tasks remained undone. Some art work had to be hung from wall moldings, using wire. In the bedroom, a round mirror needed mounting beside the door.
If you’re sitting at your desk, daydreaming to start your own business, this is the article for you. You already know that launching a company can be an intimidating process requiring tons of hard work. But the question has been lingering with you day and night.
Editor’s note: Hemant Taneja is a partner at General Catalyst and an investor in Stripe, Snapchat and Tunein. Follow him on Twitter @htaneja. It’s been an exhilarating time for small business owners. Twenty years ago, they lacked the tools to expand outside of their niche markets.
Almost every weekday between the fall of 2011 and early 2015, a Russian broker named Igor Volkov called the equities desk of Deutsche Bank’s Moscow headquarters. Volkov would speak to a sales trader—often, a young woman named Dina Maksutova—and ask her to place two trades simultaneously.
Robert Pozen's students at Harvard Business School frequently ask him how he planned out his career to become president of Fidelity Investments. His response? "There was no grand plan; I backed into my career one step at a time.
You need three things to create a successful startup: to start with good people, to make something customers actually want, and to spend as little money as possible. Most startups that fail do it because they fail at one of these. A startup that does all three will probably succeed.
Your 20s are the time when you lay the foundation for your career and finances, which means there's plenty to learn along the way. To help you figure out how to navigate the professional world and set yourself on the right trajectory, we've rounded up some of our favorite business books.
We are currently witnessing a shift in business models, as many consumer tech companies move from transactional models in favor of subscription-based ones. YouTube is launching an ad-free, subscription-based service. Apple recently launched a streaming music service for $10/month.
Gabe Rivera was halfway through his lamb gyro when it became clear he’d been spotted. It was the middle of the lunch rush at a bustling upscale food court in downtown San Francisco and Rivera was looking to maintain a low profile.
Marketing is a moving target these days. Technologies evolve and customer behavior seems to change almost every day. Small businesses tend to be a little slow with marketing developments. Some are cutting-edge, of course – but most wait until there’s proof a tactic works.
There are people who are very good at getting other people to do what they want, especially at work. So how do they do it? You may be surprised to know that you probably already have the qualities you need to be persuasive. It doesn't mean you have to be manipulative or a suck-up.
By | March 16, 2016 Photograph by Christaan Felber From I saw the photo first, me in a bloody wash of red with “RACIST” pulsing over my face.
Starting a new business is no small undertaking. There are many factors to be considered, and it is important to do your research and prepare yourself as much as possible, with some 80 percent of new businesses failing within the first couple of years.
When Selina Tobaccowala joined SurveyMonkey, 85% of its business was done in English. It was solidly a domestic company making slow inroads overseas. A little over five years later, they are supporting 17 different languages and 28 currencies.
If you live in the Bay Area and have looked for something special to spice up a birthday party, you might have discovered the Freakin' Awesome Karaoke Express, a truck that promises to deliver an unbelievable selection of songs to your doorstep.
Three months ago, I worked in San Francisco as a marketing leader for a unicorn startup. I earned a salary that let me do, eat, and buy whatever I wanted. Now, I live and work from a beach in Belize, earn half of what I used to, and couldn’t be happier.
For meetings that actually lead to successful outcomes, it's advisable to ask everyone what they see as their necessary actions. Robert C. Pozen, senior lecturer at Harvard Business School, expands on this and says there are three questions you should be asking all the participants:
Finally getting serious about turning your hobby into a side business? Dozens of free and cheap do-it-yourself tools make setting up a professional virtual storefront easy. Photo by intenteffect.
I know we all want to do important things. We all want to work on important products, start important companies and accomplish tasks that could change the world and have an enormous impact. I see this in entrepreneurs and the tech community more than anywhere else.
New graduates may think they’re ready for the world, but even after all that learning, there’s still room in their heads for some wisdom.
Building a successful, thriving business isn’t easy. If it was, everyone would do it. According to data presented by the Harvard Business School: When you look at and think about those numbers, the idea of starting a business can be a bit daunting.
Most folks reading this have seen one-half of the B2B purchasing cycle at their day jobs: they fill out a form or ask a manager for X (a copy of MSOffice, a new computer, etc), and six weeks later X arrives.
So you’ve been considering getting an MBA. It seems like a foolproof plan, right? After all, the MBA is the degree that opens the doors to the world of business. Never mind the two years out of the workforce or that pesky student loan you’ll be paying off for the next 15 years.
Podcasting is a great way to learn and be inspired. It's a new use of technology that hearkens back to the original social medium, storytelling.
My name is Stephanie St.Claire, and I am an unfunded entrepreneur. I’ve been in business for 7 years, after engaging in my own personal and tenuous renaissance (uh…divorce) and rediscovering my Divine Core Purpose.