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Top 10 Movies Every Entrepreneur Should Watch for Inspiration and Insight

 Top 10 Movies Every Entrepreneur Should Watch for Inspiration and Insight

By Kevin Chern | November 8, 2024 |

Starting and running a business is no small feat, and sometimes, the best advice and inspiration come not from business books but from the silver screen. Here are ten must-watch movies, rich with lessons and insights, that offer guidance, motivation, and a wealth of entrepreneurial takeaways for startup operators and budding founders alike. 1. The…

The Dinosaur Dilemma Why Legacy Thinking Will Sink Your Business

The Dinosaur Dilemma: Why Legacy Thinking Will Sink Your Business

By Kevin Chern | November 2, 2024 |

In the wild world of business, staying still is like wearing concrete boots in quicksand it’s only a matter of time before you’re stuck, sinking, and surpassed by faster, more agile competitors. Legacy thinking, the practice of sticking with outdated methods just because they used to work, is the T-Rex of the corporate world huge,…

FTC Finalizes

FTC Finalizes New Rules for Companies Using Continuity Programs and Recurring Billing

By Kevin Chern | October 27, 2024 |

On October 16, 2024, the Federal Trade Commission (FTC) finalized its updated Negative Option Rule bringing significant changes for businesses that market, sell, or charge for goods or services with a negative option feature. This includes services such as automatic renewals, continuity plans, and free-to-pay conversions (e.g., “30-day trials” that transition into paid subscriptions). What…

Strategic Patience Why the Best Businesses Don’t Rush to the Top

Strategic Patience: Why the Best Businesses Don’t Rush to the Top

By Kevin Chern | October 24, 2024 |

Strategic patience is the delicate balance between knowing when to act and when to wait. It’s not passively sitting back it’s intentional waiting while planning the next move. The best businesses resist the urge to chase short-term wins, opting to lay solid foundations for sustainable growth. Companies like Apple and Amazon exemplify strategic patience. Apple…

Why Buying Leads from Third Party Lead Providers Isn’t as Risky as You Think

Why Buying Leads from Third-Party Lead Providers Isn’t as Risky as You Think

By Kevin Chern | October 24, 2024 |

As a business owner, you know that leads are the lifeblood of growth. But if you’ve ever bought leads from a third-party provider, you might have felt frustrated by inconsistent quality. The truth is, buying leads from a third-party lead provider can yield excellent results if done correctly. While the quality of leads varies, with…

transition

Lost in Translation: How Miscommunication Between Teams Drains Profitability

By Kevin Chern | October 22, 2024 |

In an ideal world, teams would function like a finely tuned machine, perfectly aligned and working toward shared objectives. However, the real world isn’t so smooth. Emails go unanswered, instructions get lost in translation, and Slack messages are misinterpreted. The outcome? A costly game of broken telephone that silently chips away at your business’s bottom…

The Illusion of Multitasking Why Doing More Might Be Slowing You Down (1)

The Illusion of Multitasking Why Doing More Might Be Slowing You Down

By Kevin Chern | October 17, 2024 |

Multitasking is often misunderstood. It isn’t just doing two things at once it’s the attempt to rapidly switch between tasks, thinking we’re being efficient. You might believe you’re handling work emails while on a conference call, but what you’re really doing is task-switching. Task-switching means bouncing between different activities, which causes mental friction. Your brain…

Business

The Physics of Business: Entrepreneurial Insights through the Lens of Albert Einstein

By Kevin Chern | October 14, 2024 |

Throughout my life, I have sought to understand the mysteries of the universe the forces governing celestial bodies, the nature of space-time, and the principles guiding light and matter. But while my efforts were aimed at deciphering the fundamental laws of physics, I have often been struck by how deeply these principles resonate with other…

The ‘Bus Factor’ Are You Prepared If Your Key People Disappear

The ‘Bus Factor’: Are You Prepared If Your Key People Disappear?

By Kevin Chern | October 14, 2024 |

The Bus Factor is a gauge of your business’s resilience. It evaluates the extent to which your operations rely on a handful of individuals. If only one person knows the inner workings of a critical process, your Bus Factor is dangerously low. And while we like to think everyone is replaceable, the truth is, not…

New FTC Record Keeping Requirements for Telemarketers Take Effect on October 15, 2024

New FTC Record-Keeping Requirements for Telemarketers Take Effect on October 15, 2024

By Kevin Chern | October 13, 2024 |

On October 15, 2024, the Federal Trade Commission’s (FTC) latest amendment to the Telemarketing Sales Rule (TSR) comes into effect, increasing the record-keeping obligations for companies engaged in telemarketing activities. If your business involves telemarketing or works with third-party telemarketers, now is the time to ensure your practices align with these updated regulations. The TSR…

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