Lessons I learned along the way.
In a 'touchless' society, is there an app for everything? According to recent data, we're well on our way. Shutdowns, remote work setups, and shelter-in-place efforts have drastically changed personal and professional societal norms, and with the average...
Credit cards provide a line of credit you can borrow against, but you don’t have to pay back your entire balance all at once. You can use your credit card to make purchases, take out a cash advance or set up a balance transfer, and you get the option to make payments in any amount that is more than the minimum monthly payment your credit card requires.
Convincing buyers to open their purse strings for your product is the goal of any business. To that end, many entrepreneurs spend their early years obsessed with their product, working to ensure nothing on the market compares. Regardless of intent, spending the bulk of your energy on the product is a dangerous mistake.
The 90-year-old Radio Flyer factory in Chicago is an exemplar of onsite innovation. Brainstorming takes place in the Engine Room, which is awash in whiteboards and Post-it notes. CNC machines and 3-D printers chug away in the Prototype Shop. In the bright, airy Play Lab, staff members observe children scooting around on the company's...
When researching different investment opportunities, you might come across the term “accredited investor.”
This is especially the case if real estate crowdfunding is of interest to you. Some platforms won’t let you participate in certain projects unless you’re an accredited investor.
A couple of months into the COVID-19 pandemic that struck the world unexpectedly (and with full force), causing uncertainty and instability for both companies and individuals alike, we all learnt that the first challenge in keeping our enterprises running was cash flow. Most industries were hit hard, and consequently, businesses were...
Four ways to prepare your business for reopening.
Businesses all over the country are beginning to reopen, but that doesn't mean the pandemic is no longer a threat. If you're thinking about reopening, you should be prepared to instate changes to keep your employees and your customers...