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Learn from Fintech Startups In The Middle East
Fintech, i.e. financial services technology, was the startup buzzword of 2015, with the sector boasting of over US$3 billion in venture investments, which shouldn’t be surprising in the wake of a global economic crisis that highlighted the industry’s need for disruption. According to CB Insights, 19 fintech startups have joined the exclusive “unicorn club” of…
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How Digital Wallets and Mobile Payments Are Evolving and What It Means for You
The digital wallet revolution has not have lived up to its expectations — yet. According to Gallup, just 13 percent of smartphone owners have a digital wallet app, while the majority of those who do have an app (76 percent), rarely use it. That may be disheartening for those of us involved in the industry, but there’s always a…
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8 Benefits of Blockchain to Industries Beyond Cryptocurrency
Heard about Bitcoins and cryptocurrency lately? You probably have, thanks to all the buzz surrounding Bitcoin’s record-breaking exploits. It’s almost surreal to think that, back in 2011, Bitcoins traded for $1 each. Recently one Bitcoin was worth a whopping $16,000. As an entrepreneur, you may not be interested in purchasing Bitcoins or any other cryptocurrency…
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Why Your Next Startup Should Focus on Healthcare
The healthcare job market is experiencing a boom. According to the Bureau of Labor Statistics, healthcare employment numbers jumped by 42,000 in January, with the industry having added a whopping 368,000 jobs over the previous year. A strong economic foundation has helped this boost, but so has availability of game-changing technology. New innovations opened up new opportunities,…
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Lyft’s Founders Reportedly Pursue Outsized Control Over Company Votes
Sources tell the Wall Street Journal that Lyft co-founders John Zimmer and Logan Green are working with the ridesharing company’s IPO underwriters to create a new class of shares with disproportionate voting rights. The pair collectively own less than ten percent of the company, which could be valued at around $15 billion if and when…
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How to Beat Procrastination As You Grow Your Business
Procrastination is an odd compulsion. Everyone has experienced it, but the underlying reasons can be tough to pin down. After all, procrastination delays the very activities that bring people closer to their goals — whether that’s building a thriving business or stronger triceps. So why don’t humans just sprint toward that brighter, fitter future? The…
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Lessons From Sun Tzu: How to Use Military Strategy to Build Better Habits
Sun Tzu was a legendary military strategist in ancient China and he is the author of the famous book, The Art of War. He was a master of “soft power” and the father of “agile warfare.” Whenever possible, he preferred to win without fighting or, at the very least, to win the easiest battles first.…
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Use This 5-Step Process to Set and Achieve Your Sales Goals
Now that it’s 2019, sellers, managers and leaders are busy setting goals for the year. Many tackle this with the SMART (specific, measurable, achievable, relevant and time-bound) goal framework. Good start, but not good enough. And SMART can also lead sellers down paths that don’t help. Actually, achieving your sales goals requires taking it to…
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Mars Inc. CEO Grant Reid Is Thinking a Hundred Years Ahead
The family-owned company, based in Virginia, does more than $35 billion a year in revenue and has expanded beyond candy to become a powerhouse in the pet space. In a rare interview, Reid speaks with Bloomberg Businessweek Editor Joel Weber. I have to ask, you’re in the candy aisle and can get one thing. What…
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‘Fast’ Furniture? This Founder Spent Years Forming Her Business Idea — and Launched When the Timing Was Right
Christiane Lemieux spent 14 years building a successful, beloved interiors brand called DwellStudio — but she knew that times were changing. Following the 2008 recession, Lemieux, who had bootstrapped the company since 2000, started to feel the weight of holding on to retail inventory. “It became a real liability,” she said. “I loved that business,…