When she was younger, Eleanor assumed she’d be living comfortably on a combination of her husband’s pension and social security when she was 75. Instead, she relies on the assistance programs, and the local food bank and Meals on Wheels program for meals. Eleanor has to budget every penny, and if it weren’t for help, she wouldn’t be able to cover the costs of medication, utilities, groceries, and housing. Her husband—who’s gone now—lost his job before he was fully vested in his pension, and her social security checks don’t cover her living expenses.
Since 2006, TOMS has been a popular name when the discussion turns to brands that support social causes. TOMS' social cause is more than providing footwear -- it includes initiatives to help provide clean water, eyewear, medical procedures and safe births, local jobs, education and training. It's a robust business model that has helped the company achieve success.
It begs the question: In the digital age, do companies need a social cause to thrive?
The advent of cloud storage has surfaced the easiest and most cost-effective data storage options for businesses in recent years. It’s no longer entirely necessary for organizations to invest in resource heavy, on-premise or remote storage space to house data. And that can alleviate a lot of strain on the wallet for a business, especially for small-to-medium companies.
If you’ve ever applied for an award, you know how time-consuming it can be. Forget about running your business—you could start a successful company just applying for awards for other people!
Julie and her husband work full time and are solidly in the middle class. Their paychecks cover their bills and a few extras, and they consider themselves comfortable. But they would spiral into financial ruin if they had any unexpected large expenses, like a medical emergency. That’s because, like many Americans, they have zero money saved.
The other day, I found out a friend of mine only brushes his teeth once a day. I was shocked. How could this good-looking, intelligent, charming guy only brush his teeth once a day?! Had he not heard the twice-a-day thing that I’d been hearing (and obeying) my entire life?
For some former professional athletes, the hard work and dedication doesn’t end when they decide to retire their number. The world has no shortage of former athletes turned entrepreneurs that made a name for themselves after they’ve left the field. From former-boxer George Foreman’s line of cooking products to Hall of Fame quarterback Roger Staubach’s real estate firm, professional athletes have proven time and again they have the grit and gumption to be successful once their athletic career is over.
Two years ago, Lauren was pretty happy—and busy—with her career and personal life, but felt like something was missing. When she read a local news story about a program that matched mentors with people pulling themselves out of poverty, something clicked. She started volunteering with the Circles program, and it changed her life, and the lives of people in her community.
Millennials, who comprise the largest living generation in the U.S., care about causes. They are more likely than members of other generations to do business with companies associated with a cause and they like to work for companies that give back. They also account for more than one in three workers in this country and will make up nearly 50% of the workforce in a few years.
So you’ve decided to open a dental office. Congratulations! You are part of a robust community of almost 29 million small-business owners who opened their doors to new customers last year. Although it’s tempting to separate oneself as a dentist rather than a small-business owner, the truth is, the principles necessary to succeed in small business apply to a dental practice as well.