Many entrepreneurs make a point of following the emerging trends within their industries. If you’re looking for something beyond traditional trade publications, there are a number of rich sources of information and discussions available, including industry-specific podcasts.
To help you learn about some of these resources, we asked a panel of Young Entrepreneur Council members the following question:
Q. What is one podcast or other resource you recommend entrepreneurs follow for industry insights? Why is this resource so valuable?
It doesn’t matter if you run a fast-food restaurant or a hardware store. A franchise owner gets the opportunity to experience entrepreneurship. But this happens without the higher risk levels generally experienced in traditional startups.
However, running a franchise gives several advantages. For example, you get less room for innovation than in a startup. The brand has an image that it needs to maintain, and that means that you won’t have the ability to make decisions regarding things like the product lineup, signage, décor or uniforms.
But it’s still possible to differentiate your location without jeopardizing your commitments to the franchisor brand. By improving your management skills and fine-tuning your approach to your local market, you can cultivate the sense that your business has something special to offer, while still delivering the standardized experiences that attract people to do business with franchises.
Shortening the workweek isn’t the answer to increasing productivity.
Shortening the workweek isn’t necessarily the answer to increasing productivity.
Giving employees more autonomy can often allow you to expect more from your employees.
Not every business can offer a four-day workweek. If you can’t offer a four-day workweek to employees, there are other steps you can take to help your employees feel supported and valued.
Video chatting app Houseparty has boomed in popularity in the last two weeks, but experts say users could inadvertently be sharing more personal data than they realize.
“Anybody who decides to use the Houseparty application to stay in contact during quarantine needs to be aware that the app collects a worrying amount of personal information,” Ray Walsh, digital privacy expert at the U.K.-based ProPrivacy, said in a statement to Digital Trends. “This includes geo-location data — which could in theory be used to map the location of each user.”
Until the 19th century, chocolate (cocoa) was something you drank, not ate, notes David Burke. “And then we figured out how to turn it into a food. Now we’re on the cusp of exactly the same thing with coffee.”
The IP underpinning this transformation is enshrined in a suite of process and equipment patents assigned to Miami-based The Whole Coffee Co, to which Burke was brought in as CEO in May 2018 after the company (a chocolate manufacturer formerly known as Tierra Nueva) was acquired by private equity firm ProspEquity.
Tesla will re-open its factory in Buffalo, New York, and repurpose it for producing ventilators needed to treat critical COVID-19 patients, Elon Musk said Wednesday.
Tesla’s Fremont, California and Buffalo, New York factories have been fully or partially shut down due to shelter-in-place orders, given by local authorities amid the coronavirus outbreak.
“Giga New York will reopen for ventilator production as soon as humanly possible. We will do anything in our power to help the citizens of New York,” Musk tweeted.
Plant-based foods are all the rage right now, and vertical farms are capitalizing on the trend.
Vertical farming is an indoor farming method in which crops are grown in stacked layers, often without soil. The practice is becoming more popular and important as urban populations grow dramatically and available farmland decreases.
While vertical farming isn’t a new concept, these eco-friendly indoor farms are now rapidly expanding
A busy stretch of highway in Virginia was brought to a stand-still when a cow jumped out of a livestock trailer and went running down the roadway. Virginia Department of Transportation traffic cameras were recording Tuesday afternoon as Virginia State Police troopers and other personnel chased after the loose bovine on Interstate 64 in Chesapeake