Eight Lessons Entrepreneurs Don’t Want To Learn The Hard Way | Forbes

When you first start out running your own business, there are a ton of things to keep track of. Not only do you need to make sure there’s demand for what you’re offering, you need to worry about hiring the best staff and communicating what you’re doing to your customer base. You also need to make sure that you know when to follow your intuition and when you need to listen to sage advice —which isn’t always an easy task.

Members from Young Entrepreneur Council below share a few places where they misstepped and what they learned from it.

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U.S. Employers Add 209,000 Jobs in July, Unemployment Drops to 4.3 Percent | Inc.com

U.S. employers added 209,000 jobs in July, a second straight month of robust gains that underscore the economy’s vitality as it enters a ninth year of expansion.

The unemployment rate slipped to 4.3 percent from 4.4 percent, matching a 16-year low first reached in May, the Labor Department said Friday.

But growth in Americans’ paychecks — a persistent weak spot since the recovery began in June 2009 — remains stubbornly slow. Average hourly pay rose by 2.5 percent from a year earlier, the same tepid annual pace as in June. That’s below the 3.5 percent to 4 percent that is typical when the unemployment rate is this low.

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Stepping Up: How This Mother-Daughter Business Duo is Caring for their Future | Business News Daily

When my husband Jeff and I first came across Caring Transitions, we knew it was the perfect opportunity for us to leave the corporate world and start our own business. We were drawn to the company’s focus on helping the senior community, and saw the need for its services in the Dallas area.

We worked feverishly on building an amazing team to support the growing demand for senior services and our dreams of owning and operating our own company were coming to fruition. In the midst of our dreams, Jeff was diagnosed with cancer and lost his brave battle last year. It was almost serendipitous that my daughter Nicole stepped up to join me as co-owner of Caring Transitions of North Dallas Suburbs.

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Credit Card Rewards Are Playing Harder to Get | Bloomberg

Citigroup Inc. just unveiled an updated version of its premium credit card, the Citi Prestige. The new card is made of metal—like its direct competitors, Chase Sapphire Reserve and American Express Platinum—and comes with attractive perks including free nights at hotels, an annual $250 air travel credit, and a sign-up bonus of 75,000 points, which, according to Citi, are worth $935 in air travel.

There’s a catch, though: To get those 75,000 points, cardholders must spend $7,500 on the card in the first three months.

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Bitcoin split in two, here’s what that means | CNN Money

All eyes were on bitcoin on Tuesday as the digital currency split in two.

After ongoing debates over how to scale the digital currency called bitcoin, some people have decided to make an entirely new currency called Bitcoin Cash.

It’s a bit complicated for those who aren’t in the bitcoin weeds. Essentially, political, technological, and ideological debates about growing bitcoin have come to a head. And some say that an entirely new currency called Bitcoin Cash could help scale bitcoin and bring it to the masses.

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Reasons your pay isn’t going up | Business Insider

Federal Reserve Chair Janet Yellen and other top economists say productivity is the key to long-run wage growth for American workers. That would be true — if only the fruits of economic expansion were actually trickling to average incomes. International Monetary Fund

“If the labor market continues to improve, we will see some pickup in wage growth, but we have at the moment low productivity growth,” Yellen told Congress in her last official testimony of her term as Fed chair, which ends early next year. “That wage growth would be greater over time if productivity growth picks up.”

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Custom Business Planning and Solutions Co-Brands as Mom and Pop | Peter Mehit

We’re Mom and Pop.  We’ve been in business since 2004 and we’ve learned who our customers are and what they need.  We know who we can help with our breadth of experience.  Lifestyle businesses; the people who we believe are heroes.  Lifestyle businesses hire first, fire last and support a huge swath of the economy.  The vast majority of our clients over the last 13 years have been mom and pop’s, small partnerships, friends, lovers and other teams of like-minded people who’ve come together to follow a dream.

All this time we’ve been here to provide them with information, structure and creativity that help them become stronger, better focused and more successful.  We love them and want them to win. Continue reading “Custom Business Planning and Solutions Co-Brands as Mom and Pop | Peter Mehit”

5 Ways To Stay Healthy While Working From Home | Getentrepreneurial.com

Working from home and being able to somewhat set your own schedule is unquestionably amazing.  There are times though when working from home can leave you feeling sluggish and unbalanced.  Here are 5 top tips for staying healthy, energetic and productive while working from home.

Start your day with Meditation

Mental health is just as important as physical health when it comes from working in a remote location. Even though you don’t have to worry about a long annoying commute, it does help to get up and do something non-work related before you actually start work.

Instead of jumping up and immediately checking your email, clear your mind.  Stretch and meditate for 10 or 15 minutes. Check out online meditation from Deepak Chopra or download an app such as Mindfulness.

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Apple ‘pulls 60 VPNs from China App Store’ | BBC News

The creators of several Virtual Private Networks (VPNs) have criticized Apple’s decision to remove their products from its App Store in China.

The BBC understands that as many as 60 VPNs were pulled over the weekend.

Apple said it was legally required to remove them because they did not comply with new regulations.

It refused to confirm the exact number of apps withdrawn, but did not deny the figure. It added that dozens of legal VPN apps were still available.

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