Posts Categorized: Part 2 Starting and Growing Your Business

SPOS #759 – Scott Devine On Building A Thriving Online Business (No Gimmicks)

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 5 Managing Technology and Information.

Description: Here it is: Six Pixels of Separation – Episode #759 – Host: Mitch Joel. If we have learned anything during this pandemic, it is this: the brands that are either purely digital or the ones with a strong digital component felt much less pain. Look no further than the value of a company like Amazon or the incredible… Read more »

TGI Fridays CEO says ending the tipped minimum wage would result in higher prices, fewer hours for waitstaff

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: TGI Fridays CEO Ray Blanchette said that President Joe Biden’s proposal to eliminate the tipped minimum wage would likely result in fewer hours for the chain’s waitstaff and higher menu prices. Source: CNBC.com – video report Date: Jan 22, 2021 Link: https://www.cnbc.com/2021/01/22/tgi-fridays-ceo-says-ending-the-tipped-minimum-wage-would-boost-prices.html Questions for discussion: What are the arguments for and against the decision… Read more »

How to Break Into Retail With a Niche Product, According to Whole Foods CEO John Mackey

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Description: Mackey, co-founder and CEO of Whole Foods Market, talks retail expansion and new product development with fellow Texas entrepreneur Aishwarya Iyer, founder of olive oil upstart Brightland. Source: INC.com Date: Jan 20, 2021 Link: https://www.inc.com/magazine/202102/graham-winfrey/whole-foods-brightland-john-mackey-aishwarya-iyer-mentorship.html Questions for discussion: What is the formula for success, as recommended in this report? Develop a brief business plan… Read more »

Fast-Growing Alternative To Facebook And Twitter Finds Post-Trump Surge ‘Messy’

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Description: The alternative social network MeWe had 12 million users at the end of 2020. Barely three weeks into 2021 — and two since a right-wing mob attacked the U.S. Capitol — the company says it’s now passed 16 million. Source: NPR.org Date: Jan 22, 2021 Link: https://www.npr.org/2021/01/22/958877682/fast-growing-alternative-to-facebook-twitter-finds-right-wing-surge-messy Questions for discussion: Summarize the conflicting issues… Read more »

After Rocky Start, Opportunity Zones Could Boom In 2021

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 5 Managing Technology and Information, Part 6 Managing Financial Resources.

Description: President-elect Joe Biden and his administration are keen to undo much of what their predecessors did. Yet when it comes to one flagging Trump initiative— the opportunity zone program— Biden and the Democrat-controlled Congress could actually provide a big boost. Source: Forbes.com Date: Jan 15, 2021 Link: https://www.forbes.com/sites/jasonbisnoff/2021/01/15/after-rocky-start-opportunity-zones-could-boom-in-2021/?sh=52d4567d6cd4 Questions for discussion: What are opportunity… Read more »

Bucs lineman Ndamukong Suh uses Warren Buffett’s advice to navigate market turmoil

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Description: National Football League lineman Ndamukong Suh tries to speak with Warren Buffett quarterly to catch up and solicit investment advice. Source: CNBC.com Date: Jan 17, 2021 Link: https://www.cnbc.com/2021/01/17/nfl-buccaneers-ndamukong-suh-using-warren-buffetts-advice.html Questions for discussion: Summarize the business and investing thinking of Ndamukong Suh, as presented in this report? Do you think these lessons should be generally accepted… Read more »

Canadian tech startup poised to bring standardized health info to the masses

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 5 Managing Technology and Information, Part 6 Managing Financial Resources.

Description: Standardizing the world’s health knowledge so that everyone can get the best care possible seems like a lofty mission for one company, but if any Canadian health-tech startup can make it happen, Think Research Corp. may be the safest bet. Source: FinancialPost.com Date: Jan 15, 2021 Link: https://financialpost.com/technology/canadian-tech-startup-poised-to-bring-standardized-health-info-to-the-masses Questions for discussion: Summarize the implications… Read more »

How Miami Mayor Francis Suarez is luring tech players from Silicon Valley and New York

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Description: Suarez’s schedule and phone have blown up since he accidentally launched a Twitter campaign to make Miami the latest innovation hub in early December, when someone on the app suggested bringing Silicon Valley to the Sunshine State. His “How can I help?” response generated 2.3 million organic impressions alone, he says. Source: CNBC.com – video report… Read more »

Pepsi seeks to help Black-owned restaurants with ‘Dig In’ campaign

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: Pepsi launched a multichannel campaign to urge support for Black-owned restaurants and help them generate more than $100 million in sales over the next five years. Source: marketingdive.com Date: Jan 03, 2021 Link: https://www.marketingdive.com/news/pepsi-seeks-to-help-black-owned-restaurants-with-dig-in-campaign/592804/?utm_source=Sailthru&utm_medium=email&utm_campaign=Issue:%202021-01-05%20Marketing%20Dive%20Newsletter%20%5Bissue:31705%5D&utm_term=Marketing%20Dive Questions for discussion: How would you suggest Pepsi management help these small businesses adapt to new digital operations? What are… Read more »

Small businesses feeling the pinch of credit-card fees as e-commerce ramps up

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Description: Fees remain higher than in many Western countries, particularly for online transactions, trade organizations say Source: FinancialPost.com – video report Date: Jan 06, 2021 Link: https://financialpost.com/entrepreneur/small-businesses-feeling-the-pinch-of-credit-card-fees-as-e-commerce-ramps-up Questions for discussion: What are the issues related to fees? Should government play a role as arbitrator on behalf of small businesses? What benefit is there for government?