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The Future is now. We may not be traveling in flying cars yet but the world is changing every year. The iPhone which was discovered in 2007, functions as a TV, Photo Camera, Video camera, notebook, gps system, alarm clock, radio, phone and more. We can catch a ride with a stranger to any destination in any city with the help of Uber (founded 2009) or Lyft (launched 2012). Instagram (founded in 2010) serves as a digital photo album for its 500 million daily active users. CD’s and DVD’s no longer are in rotation due to Netflix streaming, Spotify (founded 2006), Pandora and Tidal. You can rent a room or home to stay in from a stranger around the world with AirBnB (founded 2008). Youtube (founded 2006) gives anybody the opportunity to create their own TV Station/Network. The world has changed in less than 20 years. Just imagine what the future may bring.
What will be the new creations or ideas of the future?
Over the past two years, as technology companies continued to struggle with diversifying their work forces, Los Angeles-based venture capitalist Kobie Fuller wrestled with how to solve the problem.
As a black professional himself, Fuller had experienced the frustrations and isolation that can sometimes come with being the only person in the room who looked the way he did. He also dealt with being the go-to person for any startup company looking to hire from a diverse pool of candidates.Read More
Facebook Pitch Deck fun fact: Peter Thiel, the billionaire venture capitalist and entrepreneur, was the first outside investor in Facebook back in 2004. That’s when Mark Zuckerberg first set out to turn his dorm room project into a lasting business. Zuckerberg received $500,000 from Peter Thiel.Read More
What does it mean to scale a business?
‘Scale‘ is increasingly being used as shorthand for ‘scale up’ (“to grow or expand in a proportional and usually profitable way”) and as a noun that means “proportional growth especially of production or profit” and/or “a large market position.”
Here are 5 steps to Scaling a business in 2018:
- Evaluate and Plan. Take a hard look inside your business to see if you are ready for growth
- Find the Money. Invest. Scaling a business doesn’t come free
- Secure the Sales.
- Invest in Technology.
- Find Staff or Strategically Outsource.
BBC’s Regan Morris speaks to some of the state’s youngest entrepreneurs. Meet the youngsters starting and running their own businesses.
A new study released Wednesday by Domo and CEO.com found that nearly 70% of Fortune 500 CEOs have no presence whatsoever on any major social media channels, including Facebook, Twitter, LinkedIn or Google+. Of the 30% that choose to engage in social media, nearly all of them (28%) do so through LinkedIn. And while the number of CEOs utilizing the other three networks is small, it appears that Twitter is the only other social channel Fortune 500 CEOs are moving toward (albeit, slowly).
According to a study, your Likes of a brand on Facebook are worth about $174.17 to that brand.
Syncapse, a social intelligence company, conducted a study with more than 2,000 Facebook users who liked a brand and considered a Facebook user’s product spending, loyalty, recommendations, brand affinity and more to come up with the number. It turns out Facebook fans spend more money on the brands they like—$116 a year more than nonfans—even if their income was equal. In addition, those who liked brands were 18% more satisfied with the brand and 11% more likely to continue buying the brand.