Opinions expressed by Entrepreneur contributors are their own. I worked with a CEO who had multiple AI initiatives running across the organization. Each had a team, a budget and a clear reason why it mattered. On paper, it looked like a strong innovation portfolio. In reality, nothing meaningful was moving forward.Teams were stretched thin. Leadership conversations lacked clarity. Every update sounded the same. Progress always seemed one step away. The turning point came when leadership made a decision nobody wanted to make: two initiatives were shut down, one was prioritized and ownership became clear. Within weeks, momentum returned — and…
Author: Staff Writer
Like many aging restaurant chains, Pizza Hut tried to modernize its look. And like many aging restaurant chains, it learned that customers liked it just the way it was. Now franchisees are getting in their DeLoreans and returning to the Pizza Hut of the 1980s. We’re talking red roofs, checkered tablecloths, salad bars, red plastic cups and old-school Pac-Man machines. Tim Sparks, president of Daland Corporation, a Kansas-based company that operates almost 100 Pizza Hut franchises, is leading the charge by redecorating over 80 locations back to their retro glory. The chain’s attempt to modernize with stark, contemporary designs backfired—sales…
Fat Brands gorged itself on restaurant chains until it could barely move. Now, after filing for bankruptcy with $1.5 billion in debt, the holding company is being carved up and sold for parts. A bankruptcy court on Tuesday approved the sale of the company’s 15 chains—including Twin Peaks, Johnny Rockets, Fazoli’s, and Round Table Pizza—in four deals valued at nearly $1 billion. Two chains were sold in cash deals: Hot Dog on a Stick for $8 million, and Elevation Burger for $2.5 million to a Kuwaiti company. Twin Peaks is being sold to lenders for $359.5 million in debt converted…
Opinions expressed by Entrepreneur contributors are their own. You know the type. Impressive resume, checks every box, lights up in the candidate interview. Six months later, they’re a change-resistant bottleneck who can’t function outside their job description without a three-week approval chain. You hired for skillset, and you got a liability. Skills are the easy part. You can train skills. You can teach tools. You cannot — at least not easily, and not quickly — rewire the way someone thinks. The illusion of the perfect hire When businesses are scaling, the instinct is to plug holes fast. You need someone…
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 746.18 points or -1.23% to 59,804.41 • Shanghai decreased 7.353 points or -0.18% to 4,162.185 • Hang Seng decreased 146.73 points or -0.57% to 25,651.12 • ASX 200 decreased 108.10 points or -1.26% to 8,496.60 • SENSEX increased 117.54 points or 0.16% to 75,318.39 • Nifty50 increased 41.00 points or 0.17% to 23,659.00 The major Asian currency markets had a mixed day today: • AUDUSD increased 0.00535 or 0.75% to 0.71609 • NZDUSD increased 0.00402 or 0.69% to 0.58762 • USDJPY decreased 0.251 or -0.16%…
John Paul DeJoria has lived one hell of a life. The billionaire entrepreneur and philanthropist co-founded John Paul Mitchell Systems with just $700 and later helped build Patrón into a category-defining brand. His memoir, Success Unshared is Failure, comes out June 30 and traces a life that spans homelessness to mindblowing success, digging deep into his philosophy of social responsibility and relentless drive. He joined me on How Success Happens to tell his remarkable story, and I’ve broken down his insights to help inspire your next big swing three, two, one! Listen Here Subscribe now: Apple | Spotify | YouTube Three Key Insights 1. Rejection…
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways Entrepreneurial traits are not only developed in adulthood; many of the core soft skills can be nurtured from childhood. Performance and competition from a young age build tenacity and grit, which are critical elements for success in life. Creativity and passion are often discouraged throughout childhood education, but can be developed through play and are necessary when building a business. I am fiercely competitive and love to win. That spirit has stayed with me throughout my entrepreneurial journey. My mother is a scientist. My father is a football (soccer) coach.…
First there was nutrient timing, then proteinmaxxing—now, fibermaxxing is the latest viral wellness trend everyone is talking about. On TikTok, social media influencers can be seen extolling the virtues of fiber (hashtag #fibermaxxing). One such influencer is @shanny_do, a self-proclaimed “fiber-obsessed gastroenterologist,” who posted with gusto about what she packs each day for work at the hospital. (For the curious, that’s a bowl that includes: Ethiopian spicy lentils, some plain black beans straight from the can, baba ganoush and carrots; a second small bowl of berries—black, blue and raspberries; a Z bar—a kid’s protein snack bar made of oats—and an…
Management and union leaders at Samsung Electronics failed to reach a last-minute deal over wages Wednesday, raising prospects for a strike at the South Korean electronics giant that could rattle global semiconductor supplies and the country’s trade-dependent economy.Government officials have threatened to invoke rarely used emergency powers to force a settlement at Samsung, where the union, which represents more than 70,000 workers, says the company has failed to offer adequate compensation despite its soaring profits fueled by the global boom in artificial intelligence.After the latest round of talks ended without a breakthrough on Wednesday, union leader Choi Seung-ho told reporters…
U.S. markets are poised to open with gains on Wednesday as bond yields slipped and oil prices fell.Futures for the S&P 500 rose 0.4% while futures for the Dow Jones Industrial Average edged 0.2% higher and Nasdaq futures jumped 0.7%.The yield on the 10-year Treasury eased overnight to 4.64% from 4.66% late Tuesday, but are up from less than 4% before the war with Iran began. That’s a notable increase and part of the reason that stock prices look even more expensive while threatening to slow the economy.Higher yields can drive up rates for mortgages and loans going to companies…