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.
Sandra and John have struggled financially for their entire lives. But things got worse for them after they had a child. Without any savings, the medical bills from the birth buried them so deep that they couldn’t keep up with credit card bills or rent. And they depended on the local food bank and WIC to keep food in the fridge. That’s when they decided they needed help. They wanted to give their daughter something they never had — a role model for financial responsibility. So they got involved in a free financial literacy course taught by a nonprofit agency in their community and learned the skills they needed to get on their feet and stay there.
It’s been just over a month since wildfires scorched more than one million acres of Northern California’s wine country, destroying almost 9000 homes, killing 43 people, and changing the lives of its residents forever.
Investing is a gamble. In 2000, Fortune published “10 Stocks to Last the Decade”; by August 2014, the suggested portfolio (which included Enron) had an average return of -59 percent. Hindsight may be 20/20, but that’s not a clarity you can afford when you’re just starting out.
Change can happen in any industry and comes in many forms: political, regulatory, social and technological. Change can be challenging to navigate. It also presents itself as an opportunity for leaders who know how to adapt and recognize it, even when it’s controversial.
How can business leaders spot the difference between courting controversy and gettin
The past decade has felt more like a century in terms of advancements in enterprise computing, networking, virtualization and storage capabilities. From the prominence of Amazon Web Services’ pioneering public cloud platform to the process-unifying concept of DevOps, the exponential growth of these technologies has greatly impacted business’ ability to react, deliver and drive innovation in their industries.
Most companies think of customer service as a necessary cost center that drags down bottom-line profitability. They budget only the minimum required to protect the company’s bottom line and they don't invest in the type of innovation necessary to maintain the company’s competitive advantage over the long term.
Banks have to be careful about how much they lend and to whom. When you ask for a loan, lenders aren’t just seeing you as a risk for their business: You’re a risk for the economy as a whole.
From my experience, I have seen a lot of agencies bootstrap their businesses – either in fear of accumulating debt or a misunderstanding of options. While bootstrapping is safe, it is not the only option. At Fox