Opinions expressed by Entrepreneur contributors are their own. Key Takeaways Business growth depends on more than increasing revenue and attracting customers. The technology decisions companies make behind the scenes can determine whether they scale successfully or struggle with rising costs, operational inefficiencies and missed opportunities. Outdated systems, inefficient technology infrastructure, poor data management and cybersecurity risks can quietly limit scalability and profitability. For most entrepreneurs, growth is the ultimate measure of success. Expanding into new markets, acquiring customers, increasing revenue and building stronger teams are often the priorities that dominate strategic discussions. However, one critical factor frequently receives less attention:…
Author: Staff Writer
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways The first 30 days: Write down how the work actually happens. Choose one process that touches revenue directly, and identify which tasks AI can handle versus those requiring human judgment. Days 31 to 60: Take ownership of your data before it owns you. Organize business data, assign clear ownership, standardize definitions, and ensure data can be easily exported. Days 61 to 90: Redesign who decides and what gets measured. Clarify human accountability, and track improvements in cycle time, service costs and customer turnaround. When I wrote about the difference between…
I’ve interviewed a lot of successful people, but Asher Grodman is the first to become famous mostly without pants. Grodman plays Trevor, the forever-trouserless finance bro on CBS’s hit comedy Ghosts. (Backstory on his wardrobe: On the show, Trevor died while pantsless, hence his spirit is forever pantless in the afterlife.) Subscribe to Entrepreneur’s How Success Happens podcast: Apple | Spotify | YouTube On the eve of Ghost’s eagerly awaited Halloween special (look for it on-demand, trust me), I spoke to Grodman over video from his trailer. We talked about the skills, mindset and determination it took for him to break into an industry that…
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways Contractors can reduce overhead and provide flexibility, but higher rates, turnover and compliance risks can offset the savings. Use contractors for specialized, project-based work and employees when your business needs continuity, accountability and long-term commitment. After more than two decades of working with independent contractors, I still believe they’re one of the best ways to run a flexible small business. But I’ve also learned that they’re not nearly as cheap, simple or risk-free as many business owners assume. There are plenty of advantages. I can hire contractors for specific projects…
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways Here’s the problem with a rising floor: When everyone’s production quality improves simultaneously, production quality stops differentiating anything. The vocabulary of disruption has become so widespread that it now signals nothing about actual disruption. Every company claims to be solving the same friction, but almost none of them tell you what, specifically, they understand about human behavior that nobody else has figured out yet. AI is accelerating in ways that will make the current volume of mediocre content look modest by comparison. What hasn’t been automated is having something genuinely…
Key Takeaways Shultz and Healy opened the first Museum of Death in San Diego in June 1995. The couple’s collection includes items from Heaven’s Gate and Dr. Jack Kevorkian. They hope museum visitors leave with a greater appreciation for life. Forty-four years ago, Cathee Shultz and JD Healy met while working at a cafe in Arizona. She was the “cappuccino girl,” and he was the baker. Even though they had opposite shifts, the two artists caught each other’s eyes. They got married two weeks later. Before long, Shultz and Healy channeled their creativity into the Rita Dean art gallery (a…
QUESTION: Marty, Socrates has again targeted our political change here in Poland. Your ECM turn was to the day when President Duda called for a new Polish parliament to convene after the October 15th elections. That was led by former (unelected) EU President Donald Tusk. I think you warned it would be a move toward the left and it would signal confrontation with Russia. Today, Tusk stages a coup against the judiciary to prevent them from ruling against him. Socrates had a Double Directional Change today. How does our country look from here? Anon REPLY: Yes the ECM turn was…
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways A product is not just a product. It includes every feature, process, service and tool that improves the customer experience throughout their journey. Businesses should look beyond product quality and price to develop solutions that address customers’ real needs, improve usability and streamline their workflows. From website conversion tools to post-sales support and dispute handling, identify gaps in the customer journey and develop targeted solutions, shifting perspective from product-seller to product-receiver. Engaged in the manufacturing of industrial equipment, and as a company owner who gets involved in fundamentally all processes…
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 1,369.36 points or -2.12% to 63,290.11 • Shanghai decreased 52.417 points or -1.44% to 3,599.017 • Hang Seng increased 335.77 points or 1.46% to 23,294.42 • ASX 200 increased 16.30 points or 0.18% to 8,908.10 • SENSEX increased 308.49 points or 0.42% to 74,459.53 • Nifty50 increased 116.35 points or 0.51% to 23,053.10 The major Asian currency markets had a mixed day today: • AUDUSD increased 0.00016 or 0.02% to 0.70316 • NZDUSD increased 0.00003 or 0.01% to 0.56343 • USDJPY decreased 0.252 or -0.16%…
Key Takeaways Twenty-four percent of U.S. workers are in the market for a new job, per a recent report. A new study from Lemon.io ranks fast-developing, high-paying tech roles. Considering a job switch or career pivot to increase your income? Many Americans are. One in four workers (24%) are actively looking for another job, primarily motivated by increased pay, career growth and improved work-life balance, according to a recent report from USA Today and SurveyMonkey. The rise in AI and fears surrounding its economic impact also complicate the workforce landscape. More than 80% of U.S. adults believe AI will eliminate…