For years, American Express has offered cardholders the chance to book stays at some of the world’s most exclusive luxury hotels through American Express Travel. Starting today, Amex is expanding that program to include a new type of stay: Airbnb. The credit card company announced a partnership with Airbnb on Thursday that will bring more than 1 million Airbnb listings to Amex Travel. The deal means eligible U.S. cardholders can now book Airbnb properties directly through the American Express Travel website or app, and earn Membership Rewards points on prepaid stays. But the biggest changes are for American Express Platinum…
Author: Staff Writer
Jim Ritchie started AEONrv, a Nevada-based company that sells a high-tech hybrid RV, because he wanted to create a new kind of vehicle for himself to use. The result is an RV with a modern, all-electric cabin mounted on the chassis of a gas-burning Ford Transit van. The company’s growth has been strong enough to land it at No. 66 on the Inc. 5000 list this year, with a three-year growth rate of 4,231 percent. And it has managed to pull off this growth while the overall RV industry has declined from a Covid-era high. Ritchie, a software engineer, says…
The e-commerce giant eBay (Nasdaq: EBAY) will undertake its second round of mass layoffs this year. Yesterday, the popular online marketplace reportedly said it is preparing to lay off about 1,000 employees, or roughly 9% of its workforce. The additional layoffs, following a round of layoffs early this year, come at a time when eBay is in the middle of a strategic shift that has boosted its stock price. What’s happened? The CEO of eBay, Jamie Iannone, sent a memo to staff informing them that the company will lay off roughly 9% of its existing workforce, according to Reuters. An…
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways Organizational layers soften reality, so executives end up managing reports instead of the business. Frontline employees spot friction long before it shows up in dashboards or formal meetings. Regular, unstaged time on the floor plus visible follow-through builds both better decisions and trust. One of the biggest risks executives face is becoming too disconnected from the reality of their own business. It becomes easy to experience the company through dashboards, presentations and filtered conversations instead of direct observation. Information gets summarized, simplified and cleaned up before it reaches the executive…
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways Financial statements are a dashboard that flags problems while you still have time to fix them, not a report card on a month that’s already over. The balance sheet, not the income statement, tells you how strong your business has actually become. Every number should prompt a question about why it changed and what to do next. In my career, I’ve had the privilege of working alongside more than 3,500 entrepreneurs, and I’ve noticed an interesting pattern. Two business owners can look at the exact same financial statements and walk…
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways The playbook only looks logical in hindsight; founding a company is really solving a thousand unanticipated problems. Every stage of growth demands a different version of the founder, which means letting go of habits that worked before. There is something wonderfully deceptive about entrepreneurship.From the outside, building a company appears to be a sequence of strategic decisions. You identify a market opportunity, raise capital, hire talented people, build a product, acquire customers and scale. The playbook feels logical because, in hindsight, every successful company tells its story that way.Living through…
QUESTION: Is it true that Warren Buffett used your analysis from the 1980s, a pivotal decade in which he became a billionaire and a widely recognized figure, when you started the whole takeover boom? And do you agree with his calls for a crash? SD ANSWER: I have no idea. Yes, I was presenting those charts at various conferences, from Cycle Foundation to COMPUTRAC. Granted, that was the ultimate decade for value investing. I think he began looking for value in the ’70s. He did not get his idea from me originally. He nay have been influence by my forecasts…
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways Emotional intelligence becomes more important as a business scales because growth creates people challenges that processes alone can’t solve. Self-awareness and empathy are crucial. Founders must learn to step back from hands-on decision-making and manage change with empathy by explaining rationale, expectations and consequences. Make EQ repeatable through manager training, structured feedback, performance metrics, upward feedback loops and root-cause diagnosis of operational failures. Founders scaling a startup instinctively reach for levers that can be quantified and automated: workflows, integrations, dashboards, org charts and SOPs. Those investments are indispensable. They reduce…
The American housing market is deteriorating, and the latest figures from the National Association of Home Builders should concern anyone who believes the economy is doing just fine. Builder confidence plunged to 29 in October, the lowest reading since June 2012, when the nation was still recovering from the 2008 real estate collapse. Economists expected a reading of 31. The index has now fallen to a level not seen in more than 14 years, while the average 30-year mortgage rate has climbed to 7.40%, its highest level in nearly three years. Americans simply cannot afford the homes being built, and…
Key Takeaways Uber is offering some drivers hundreds of dollars in bonuses for completing a set number of rides within a limited period. One offer promised $525 for 45 trips; others worked out to an extra $10 to $12 per ride. Referral payments can reach $1,225 for recruiting new drivers or bringing inactive drivers back. Uber drivers are seeing something they haven’t encountered in years. As the busy holiday season approaches, Uber wants more drivers on the road, and it’s offering hundreds of dollars to get them there. According to a new report from Business Insider, Uber is giving drivers…