The Hermit Entrepreneur’s Toolkit | Entrepreneur

hermitWe all know what passes for gospel in our brand-driven, always-on culture: “Network your way to the top.” “Just say yes.” “Get out there!”

But what if you stopped all that networking? What if you distilled your business development to the bare minimum and still managed to grow your company? What if — instead of getting out there — you could simply stay in?

I’m much more comfortable in my home office than I am selling to a room, yet I own a successful business for which I am the primary sales driver. My business requires me to network, schmooze and take lots of meetings. It means I regularly fly thousands of miles on my own dime to meet a potential client or give a talk. And it means I must keep a robust social media presence even as sharing makes me incredibly self-conscious.

It’s enough to make me want to hide in the bathroom.

Over the years, I’ve developed a formula that allows me to play to my strengths and nourish my introversion — to focus less on the outcome of “success” and more on the everyday. I never will be relaxed on flights or stop getting anxiety attacks before a meeting. But I’ve grown a business that can sustain the real me. I call myself a “hermit entrepreneur.”

Read More

Air marshals secretly monitored U.S. passengers for years | LA Times

airport

Federal air marshals have for years been quietly monitoring small numbers of U.S. air passengers and reporting on in-flight behavior considered suspicious, even if those individuals have no known terrorism links, the Transportation Security Administration said on Sunday.

Under a sensitive, previously undisclosed program called “Quiet Skies,” the TSA has since 2010 tasked marshals with identifying passengers who raise flags because of travel histories or other factors and conduct secret observations of their actions — including behavior as common as sweating heavily or using the restroom repeatedly — as they fly between U.S. destinations.

Read More

The Almost Unbelievable Power of Your Belief System | Entrepreneur

beliefI was horsing around with my dog the other day — I promise this is an article on entrepreneurship — when something extraordinary happened.

We’d been playing tug-of-war with her red doggie blanket when, after 10 minutes of tugging, I finally managed to wrench the festering rag from her clenched, bulldog jowls. I flashed the blanket about like a torero, bowed, then I flipped it behind me and hid it on the small of my back.

Sugar searched frantically for a minute while I sniggered and snarked. Finally, my inner villain satisfied, I dropped her prize in plain view at my feet. Here’s where it gets weird.

Read More

6 Startups That Are Helping to Save the Oceans While Still Making Money | Entrepeneur

oceanBrands around the world are increasingly embracing sustainability — and not just for reputation management as it was in the past. A McKinsey survey revealed how many companies are applying sustainability principles to improve their operations and boost productivity and growth.

Most of these companies contribute to sustainability efforts by cutting energy consumption, developing green products and educating their employees. But a few choose sustainability as the basis for their existence right from the start. Below are seven ways in which startups are making money even as they save the oceans.

Americans are splurging on personal loans thanks to fintech startups | Quartz

startups

Ten years on from the credit crisis, Americans are again piling on debtin all its varieties, from credit cards to student loans to mortgages. These days, personal loans—a category turbocharged by fintech upstarts—are growing especially quickly. With an increasing number of shaky borrowers taking on this debt, the risks are growing for lenders during the next economic downturn.

Read More

14 Ways to Keep Up with Your Industry | Young Entrepeneur Council

reading-industry-news

Industry news is vital for keeping in touch with changes and upcoming trends. What is the best way to stay on top of industry news? Why does it work?

1. Competitors

Most people shy away from having a relationship with their competitors for fear of revealing strategy or even awkwardness. But having an open relationship with them can be one of the best ways to know how other operators are thinking about your industry. Be a yardstick for how you are doing and gut-check your own operation. –Fan Bi, Menswear Reviewed

Read More

What Is AI, Anyway? Know Your Stuff With This Go-To Guide | Hayden Field

WhatIS_AI

Scenario: You’re a startup office. People in hoodies and graphic tees are throwing the term “AI” around like confetti. You nod and try to play along, managing to churn out a brief mention of Elon Musk and Tesla as you look up the definition of “artificial intelligence” on your phone. You try to translate it into plain English. No luck. Relatable?

Never fear: Our trusty guide is here, no prior knowledge required. Let’s talk about what it is — in layman’s terms — and how it could affect your life.

What AI is

AI is the advancement of computer systems to perform tasks usually limited to humans. Translation: Some things you used to have to do yourself — or call someone about, or visit a physical location for help with — can now be done by a computer.

Read More

3 Weird Analytic Practices at Mode | Tayler Mehit

tayler_3practices@mode_article

For many of Mode’s employees, this is their first job at an analytics company. Those team members often assume that Mode’s internal analytics processes mirror the way analysis is commonly conducted within other organizations. In some ways, that assumption holds true. As CEO Derek Steer puts it, “I wish I had a more mind-blowing story for how we do internal reporting… But mostly, it’s funnel analysis.” That said, we approach analysis from some uncommon angles.

Frequently, we begin an analysis with a one-off report, rather than setting out to build a big dashboard. Many of our most technically proficient internal users, who produce some of our best analysis, are on the Customer Success team. And reports that are built with one purpose often find extended lifespans as reusable tools. In this post, we’ll take a look at some of the uncommon analytics practices internally at Mode.

Read more.