What is Risk Management and How do You Implement it? | The Startup Magazine

September 9, 2020 ~ knjohn ~ Leave a comment

One of the most important parts of your strategy as an entrepreneur trader is your risk management. Entrepreneurs know all about risk. But many novice traders will initially focus on the impetus to enter a trade but will fail to focus on when to exit a trade. Similar to knowing when to sell your startup. Before you initiate any risk, you should go through several steps to determine the risk you will assume, and the potential reward that is associated with that risk. Your risk management should cover your long-term investment approach, each trading strategy as well as each trade you decide to execute on online trading.

Different Levels of Risk Management

Risk management is the process of determining how much capital you are willing to risk. The process starts with the amount of capital you are willing to invest in any asset. This could be on a house, for your college savings, your retirement, or for your discretionary trading. This part of risk management is referred to as asset allocation.

6 Tips for Finding Your Target Audience | The Startup Magazine

September 9, 2020 ~ knjohn ~ Leave a comment

Business is all about finding the right customers and attracting them by all means possible. The difference between a successful business and a struggling business is that a successful one has managed to attract customers and find the target audience while the former is still chasing after everyone.

What does the target audience mean?

A target audience can be defined as a particular group of people that are likely to purchase your products or services.

Why is it important for a business to understand its target audience?

There are many benefits of understanding the target audience as a business. Some of the common ones are: It will give direction on how to spend advertising money, helps in how to attract customers, and also guide you on what specific services or products to offer.

The ‘brushing’ scam that’s behind mystery parcels | BBC News

September 8, 2020September 7, 2020 ~ knjohn ~ Leave a comment

If you’ve ever received a parcel from a shopping platform that you didn’t order, and nobody you know seems to have bought it for you, you might have been caught up in a “brushing” scam.

It has hit the headlines after thousands of Americans received unsolicited packets of seeds in the mail, but it is not new.

It’s an illicit way for sellers to get reviews for their products.

And it doesn’t mean your account has been hacked.

California wildfires: Gender reveal party blamed for fire | BBC News

September 8, 2020September 7, 2020 ~ knjohn ~ Leave a comment

Officials have blamed a gender reveal party for one of several wildfires raging in the US state of California.

A “smoke-generating pyrotechnic device” at the event sparked the El Dorado fire, which has now spread over 7,000 acres.

It is one of more than two dozen blazes across the state.

California is currently experiencing a record heatwave, with Los Angeles reporting its highest ever temperature of 49.4C (121F).

The National Weather Service described Sunday as “one of the hottest days since weather records began across much of south-western California”.

6 Ways to Come Back From the Pandemic With a Stronger Team | Inc.com

September 7, 2020 ~ knjohn ~ Leave a comment

The future of work arrived out of nowhere, on the back of a once-in-a-century pandemic. Team dynamics got challenged as members dealt with illness, trauma, and crisis. We’ve all been forced to rapidly and radically adapt to new working norms. The Ferrazzi Greenlight Research Institute has spent more than 15 years studying high-performing teams, but I’ve never seen entrepreneurs rise to the occasion as they have this year. When the crisis subsides, the temptation will be to turn back that progress and retreat into old behaviors. But entrepreneurs need to shift from overload to shared load, and to practices that can transform team performance to find unexpected growth–and lower unsuspected risk. Let’s not go back to work; let’s go forward.

Apple won’t force developers to let users opt out of tracking until next year | TechCrunch

September 4, 2020September 3, 2020 ~ knjohn ~ Leave a comment

At its global developer conference in June, Apple said its forthcoming iOS 14 update would allow users to opt out of in-app ad tracking, a privacy feature that quickly drew ire from advertising giants over fears that it would make it harder to deliver targeted ads to users.

But now Apple is delaying enforcing the feature until “early next year”, the company confirmed.

iOS 14, expected out later this year, will contain a new prompt that asks users whether they would like to opt into this kind of targeted ad tracking. Developers will be able to integrate this prompt into their apps as soon as iOS 14 is released, but they will not be required to, as Apple indicated they would earlier.

Facebook to block new political ads 1 week before Nov 3, adds more tools and rules for fair elections | TechCrunch

September 4, 2020September 3, 2020 ~ knjohn ~ Leave a comment

We’re now 61 days away from the U.S. presidential election, and Facebook is once more ramping up its efforts to level the playing field and attempt to keep its platform from being manipulated to influence how people vote.

CEO Mark Zuckerberg today announced a series of new measures, including the news that it will block new political and issue ads in the final week of the campaign — although campaigns can still run ads to encourage people to vote, and they can still run older political ads. Other announcements today detailed more work to counter misinformation, and stronger rules to counter voter suppression, including misleading references to COVID-19 at the polls.

Growing Sales On Youtube | Getentrepreneurial.com

September 3, 2020September 2, 2020 ~ knjohn ~ Leave a comment

One-third of internet users say they purchased a product because of YouTube.

You’d think brands would be YouTube experts. They’re not. Kids are doing a better job.

Literally.

There are 8-year-olds generating billions (with a B) of views with no paid advertising. There isn’t a single brand among the top 100 YouTube channels.

What is that brands are doing wrong? How can brands be successful on YouTube? There are three things to obsess over in order to grow a YouTube channel:

Focus on a single topic and content series

Optimize and refine your content

Ask people to subscribe

What Drives Your Entrepreneurial Spirit? | Getentrepreneurial.com

September 3, 2020September 2, 2020 ~ knjohn ~ Leave a comment

Are you trying to find the inner drive and inspiration to become an entrepreneur? We surveyed over 1,200 American adults from diverse backgrounds all over the country, seeking to understand the factors that lead people to pursue their entrepreneurial goals.

Our big takeaway? It isn’t all about money, or success, or even business.

It’s this: If someone feels that their life has meaning, they’re more likely to become an entrepreneur.