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Opinions expressed by Entrepreneur contributors are their own. Key Takeaways Stop waiting for delinquent customers to magically pay you. Every month you stall, your odds of collecting drop and your cash-flow risk rises. Having founders, bookkeepers and sales reps chase past-due invoices is an invisible labor tax that drags your whole business away from growth. Empathy-led, professional collectors using modern digital tools consistently recover more—without torching customer relationships—than overworked in-house teams ever will. It happens to every business at some point or another. A customer stops paying, the in-house accounting team sends one reminder after another, and seemingly overnight, that…
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways Customer surveys can reveal what people say, but deeper qualitative research is needed to understand what actually drives their behavior. Companies shouldn’t freeze out of fear; they should learn what customers fear losing and bring them along through meaningful change. Cracker Barrel’s Julie Masino didn’t step down for making changes. Masino stepped down, in effect, because of how she found out what to change. Masino came in, modernized a beloved brand, customers revolted, President Trump weighed in, she reversed course, and now she’s gone anyway even after steering a real…
Key Takeaways Molina and Williams had to get scrappy to finance their business in the early days. After a long road to launch and slow start, a viral moment led to millions of dollars in sales. Now, the sisters are continuing to grow their company and its community. In 2013, St. Louis, Missouri-based sisters Jane Molina and Joy Williams were in a busy season of life, running their family’s long-time heating and cooling business and raising five young children between them. Image Credit: Ninni Co. Joy Williams, left, and Jane Molina, right. Despite having no shortage of to-dos on her…
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways Boring can be a goldmine. Unsexy industries often have outdated systems, frustrated customers and less competition.u003cbru003e Distribution matters as much as the product. Solving the problem is only half the battle — you also need to reach customers at the moment they actually care.u003cbru003e Don’t confuse growth with success. A smaller, overlooked market that solves a real problem and makes money can be more valuable than chasing the latest trend. Many entrepreneurs are drawn to exciting sectors such as AI, crypto or whatever is trending, and it’s easy to understand…
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways The most valuable opportunities often emerge through relationships rather than transactions. Strong networks, mentors, advisors and trusted connections can create opportunities that capital alone cannot. As information becomes easier to access through AI, qualities like trust, judgment, reputation and asking better questions become more important. The strongest businesses often grow from ecosystems where founders, investors, advisors and communities help one another — not from entrepreneurs operating in isolation. Entrepreneurship is often portrayed as a race to raise capital, scale faster and chase ever-higher valuations. Yet the companies that endure are…
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways SaaS made it easy for any company to adopt new software into their operations, so businesses now run dozens of disconnected applications. Each has its own dataset, login and subscription. Information gets trapped across systems, employees waste time switching between them, and the SaaS explosion that promised simplicity ends up eroding productivity. Generative AI is changing software ownership. The citizen developer phenomenon is exploding, and companies are building automated processes that used to take dedicated teams months to implement. Rather than taking on another SaaS license, generative AI can adapt…
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways In the AI era, your website is no longer just a digital brochure, and it’s one of your most powerful growth assets. As AI-powered search sends increasingly decision-ready visitors directly to specific pages, businesses need websites that do more than attract traffic. They must build trust, deliver immediate answers, provide seamless user experiences and convert visitors into customers. The advantage isn’t just getting more visitors; it’s making every visitor count. 4.31 percent. That’s the average conversion rate across websites today, according to one industry breakdown of online businesses. Translate that…
Key Takeaways The Social Security Administration projects that payroll taxes will only be able to fund 78% of Social Security benefits by 2032. That could mean cuts to retirees’ monthly payments. A new analysis predicts which states could see the steepest drop. If you plan to retire in the next decade, new updates from the Social Security Administration (SSA) could mean your retirement benefits might be less than you expect. According to a June update from the Social Security Board of Trustees, the SSA projects that the Old-Age and Survivors Insurance (OASI) trust fund reserves will be depleted in the…
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways Customer service has declined significantly in recent years. Some attribute it to a lack of communication skills among younger workers, but I have observed a decline across all age groups. As a business owner, I continually seek ways to improve ours. We handle unsatisfied customers with common courtesy and by educating our customers on our capabilities and service offerings. Providing outstanding customer service begins with building a customer-focused culture, hiring the right employees and offering quality training. Nearly every company claims to deliver superior customer service. Yet, despite the focus…
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways Experience coherence breaks when internal decision-making no longer shares a single reference point. The cost appears in lost leads, higher support volume and marketing spend that must constantly rebuild recognition. Four stable anchors — core premise, decision rights, translation rules and change protocol — reduce inherited friction as organizations scale. Companies that maintain these anchors recover faster from platform changes and team growth. As companies grow, the clarity that once shaped every customer interaction often disappears. What begins as a single, consistent premise changes across teams and channels they’re working…