Category: Entrepreneur.com News

Why You Need To Change Your Perspective on Failure

Opinions expressed by Entrepreneur contributors are their own. No matter what we do, it seems that most human beings are attracted to success — just as they are repelled by failure. What many of us don’t consider is that the road towards achieving what we want is paved with nothing but those two things, and more so failure than success.Plenty of people today have an image of only successful people who never made mistakes or failures, when in reality, we all do — some just manage to make it look prettier than others. Success stories are alluring. However, many people do not realize how much effort goes into success. Failure is a much more common theme than many realize and is a large part of what it means to be human.I find it uninspiring that many people who write about their successes fail to mention the struggles and failures they overcame before…

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Farmers Don’t Have Enough Water. Can AI Help?

Opinions expressed by Entrepreneur contributors are their own. For the fourth time in 10 years, farmers I know in California are facing a harsh reality — they won’t see a drop of water from federal government reserves to supplement the little bit they’ll get from Mother Nature.Water allocations have become a hot-button issue throughout the state, as citizens, environmentalists and farmers fight for their fair share in a drought that’s made it impossible to please everyone.With no help coming from reserves, farms have been left to draw water from the ground where they can. Working with a fraction of their usual supply, many farmers have no choice but to leave fields fallow, a devastating hit to their bottom line. For smaller farms, that can be the beginning of the end.But I’ve also seen a very different approach.Related: The 8 Lessons Entrepreneurs Could Learn From FarmersPrecision agriculture — the use of technology like…

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Business Trends Entrepreneurs Must Know

Opinions expressed by Entrepreneur contributors are their own. The entrepreneurial spirit continues to grow in every part of the world, even as governments pursue policies that discourage small and medium-sized businesses. People are becoming more and more comfortable with starting new ventures on their own, whether they want to work less or need more flexibility. The internet has revolutionized the way we communicate, creating a global village and leveling the playing field between individuals of different backgrounds and countries.It’s no wonder the business world is changing so radically. The market environment has become more competitive, and all companies are forced to use the latest technologies to their advantage. In years to come, the pace of change will be even faster, marked by the acceleration of digital transformation and digitization.Related: You Don’t Have to Be a Business Owner to Think Like an EntrepreneurCompanies must embrace a more modern, agile, and innovative…

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Improving Women’s Healthcare By Way Of Edinburgh

Opinions expressed by Entrepreneur contributors are their own. As the founder of Femtech Insider, I’ve been watching women’s health innovation for many years and the most common question I get is: “If there was one thing you could fix in women’s healthcare, what would it be?”It’s complicated.To evoke lasting change it takes the proverbial village to come together, which is why I believe we need to spend more time and resources on development.Related: Here Are the Benefits of a People-First Small BusinessAn ecosystem for change Last year, Scotland became the first country in the U.K. to introduce a women’s health plan and to launch a concentrated effort to tackle inequalities.“Our vision for women’s health is an ambitious one – and rightly so”, shared Maree Todd, the then member of Scottish Parliament and Minister of Women’s Health and Sport. “It is clear that wider change must happen to ensure all our health and…

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5 Tips for New Investors Who Want to Make Money With Real Estate

Opinions expressed by Entrepreneur contributors are their own. It is very tempting to overlook certain details, when they can make all the difference between a high-return investor and an ordinary investor. If you want to be a high-return investor, then follow our advice. At first glance, the five points discussed in this post may seem too simple, but they are the basics you need to know in order to start in the right conditions. Don’t make the mistake of neglecting these tips when you start investing in real estate.1. Define your strategyYour strategy constitutes the basis of your project. Having a solid strategy allows you to stay the course, reach your objectives and not spread yourself too thin. This step is very important, because in order to successfully carry out your investment project, it is necessary to ask yourself the right questions and to be well-prepared beforehand. Usually, when you…

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Lowe’s Companies Has Not Bottomed 

Lowe’s Downtrend Is Not Over Lowe’s (NYSE: LOW) moved lower on the heels of its Q1 earnings report and we don’t think the move is over. While price action is rebounding the day after the report was released we are viewing it as a dead cat bounce, at least for now. The freshly set low may be the bottom in prices but the stock is not at that level now, the indicators do not inspire optimism, and the company’s growth is more than priced in. The key takeaway from the report is that growth has slowed to near nil and the outlook isn’t much better. The guidance is calling for growth but it is expecting conditions to improve as soon as the current quarter and for revenue and earnings to grow relative to last year’s record pace. We don’t think that’s going to happen.  MarketBeat.com – MarketBeat Lowe’s Hits New Low…

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Why Businesses Should Take a Cultured Approach to Data

Opinions expressed by Entrepreneur contributors are their own. Data brought a slowly moving revolution to the business world. While it has completely changed, and may still change, the way we approach processes, many companies still struggle with it. There’s an implicit understanding that being data-driven is beneficial, yet no one can quite pinpoint how to become data-driven.Most organizations build data analytics like they would create any new department. It’s a somewhat isolated project that’s intended to provide valuable insights to others. Unfortunately, such an approach can lead to many organizational errors that make data teams inefficient.A common red flag in a business is if the data team produces little to no impact on daily operations. It may become visible due to an internal complaint or through day-to-day operation analysis. However, there are ways to avoid this issue.Related: The Hidden Advantages Data-Driven Sales Teams HaveData silos and other problemsBusinesses, in a poetic way, woke…

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The TJX Companies: It’s Not All Doom And Gloom In Retail 

The TJX Companies Beats And Raises On Strong Results The TJX Companies (NYSE: TJX) proves that it is not all doom and gloom in the retail sector. While the front-line retailers like Target and Walmart are struggling with growth and margins the off-price retailers like The TJX Companies are coming into their own. Not only are customers looking for bargains but there is an abundance of merchandise for The TJX Companies to sell. The company took advantage of retail closings over the past year and boosted inventory by nearly 38% while buying back shares and paying a nice dividend. The takeaway is that The TJX Companies is well-positioned for the year, widening margins, and raising guidance where others in the retail sector are doing the exact opposite.  MarketBeat.com – MarketBeat The TJX Companies Has Mixed Quarter The TJX Companies had a mixed quarter but that is about as bad as the news…

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Franchises are ‘Ready Made’ Business Opportunities

Opinions expressed by Entrepreneur contributors are their own. When and if an individual decides to become a business owner, there are three pathways to choose from: starting a business from scratch, buying an existing business from another owner in a resale opportunity or opting for the turnkey magic that is franchising. Becoming a business owner through franchising has its advantages over alternate routes, primarily because the proven business models offer a ready-made opportunity. When you buy a franchise, you’re buying an established business — complete with branding, systems, processes and operations already in place. Franchises are all-inclusive, giving prospective business owners a turnkey solution for becoming their own boss.Related: Am I a Good Franchise Candidate?Business-in-a-boxMany franchise owners describe their initial experience as having been provided with a “business-in-a-box.” All of the infrastructure is in place, down to the last detail, including the requisite instructions to own and operate the franchise.…

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Roku Stock is Repricing and Resetting Itself

Streaming platform and hardware provider Roku (NASDAQ: ROKU) stock has tumbled (-58%) for the year and over (-70%) since hitting its all-time high of $490.76 on July 19, 2021. The leading U.S. streaming player has continued to ride the cord-cutting tailwinds. TV streaming devices surpassed legacy set-top and DVR boxes for the first time in the U.S., 65% to 63%, respectively. Roku is a key enabler and benefactor of this stat as it still continues to grow its distribution base. It’s The Roku Channel has become a top-five channel on the platform. While its growth rate has slipped from the year-ago period, its metrics are still strong. Supply chain disruption, inflationary pressures and geopolitical conflicts all contributed to pressure on gross margins and industry-wide TV unit sales. TV sales fell below 2019 pre-COVID levels for the third quarter in a row. This affects Roku as a significant part of its…

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The Horrifying Problem With the Way Web Design and Development Is Taught

Opinions expressed by Entrepreneur contributors are their own. I heard something horrifying at a networking event. This particular event focused on having website designers and developers help answer questions from business owners and non-technical people seeking to, well, have their own website. While the idea of such a tech-savvy bunch might be horrifying to some, that wasn’t what horrified me.When people would come up and show their websites and ask for feedback, the responses were almost universal from the group of my colleagues. Every single time someone would ask for help, the responses would be about things like accessibility compliance, what plugins they need to be using, why their choice of a particular plugin was good or bad, how they needed to worry about PageSpeed scores and a huge laundry list of deeply overwhelming technical terms for the layman.Related: Here’s How You Can Create a Highly Profitable WebsiteThis hyper-focus on…

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The Main Benefits of SEO Content Writing for New Businesses

Opinions expressed by Entrepreneur contributors are their own. SEO is a very common term for business on the internet today. It would be surprising to find a person who has not heard about Search Engine Optimization and cares about their company’s online presence. Beginning from mounting the website high on search results all the way to catering to customized searches, this tool is very essential for the digital presence and success of a business. In this day and age, online digital markets are taking the industry by storm as entrepreneurs grasp the essence of indulging in this trade. The benefits of content writing complimented by the direct line of contact with the customer without any foreign interference is a huge win, and no one would want to evade this opportunity.Drawing from all that gain in this industry, one thought that troubles businessmen is the cutthroat competition in the industry. Owing…

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