Business Online Journal
 
By: Philip Kushmaro
Published: January 17, 2017, 2:30 pm
In 2017 things aren’t what they used to be. Major institutions and the minutiae of modern life — the latter of which includes ordering food delivery, getting around town and even dating — have seen a major facelift since the turn-of-the-century tech boom. Workers worldwide (including 24 percent of Americans in the past year alone) have adapted to the prevalence of money-making opportunities that are specifically internet- or app-based, creating a substantial pool of industry-specific talent that are ready to put their skills to use. The advent of the sharing economy The sharing economy, often referred to as the (Read more...)

By: Pejman Ghadimi
Published: January 3, 2017, 7:00 pm
I believe that there is money in just about everything. The reason some people make it while others don’t is that they focus on how well they execute, rather than on coming up with the perfect idea. It's not about what you choose to do, but rather how much you commit to becoming the best at it.  To decide if you have the right idea, divide your concept into two distinct categories: ideas that fulfill needs, and more complex ideas that fix problems. Ideas that fulfill needs focus on an existing solution that you think can be executed better (Read more...)

By: Joshua Lombardo-Bottema
Published: December 16, 2016, 7:00 pm
The market is changing.  As technology advances, work demands increasingly follow us into our personal lives. According to a study by WorkplaceTrends.com, Americans on average are adding approximately two hours to each workday with 65 percent of respondents saying that their employers expect them to be available outside of work hours through phone or email. Smartphones have us constantly connected. The sandwich generation is splitting their time between raising children and caring for aging parents while the economy makes it necessary for many households to have two incomes. According to Brigid Schulte, author of New York Times best-selling (Read more...)

By: Ben Lee
Published: December 16, 2016, 5:00 pm
If you’re an agency or a freelancer – and that should be at least 34 percent of you, statistically – most of your clients probably ask you to submit a proposal before they engage with you. You may have even responded to a few requests for proposals, or RFPs, over the years, as these make up 35 percent of the sources freelancers use to find new work. You know all too well that creating proposals means investing hours of time and energy into a client you don’t know for a project you don’t fully understand, all without any guarantee of (Read more...)

By: Jennifer Xue
Published: December 16, 2016, 12:00 am
Nirmal Gyanwali, the founder of a Sydney-based web design agency Nirmal Web Studio, shared with us on how being Nepalese influences his business philosophy. While it may sound more spiritual than business-sounding, it makes much sense. Interestingly, this philosophy is universal and quite a simple concept. It is common knowledge that most people prefer dealing with honest and ethical businesses. Customers favor kind and attentive service providers with overall positive attitude. Moreover, stakeholders appreciate businesses with clear vision and mission. In a nutshell, Nepalese culture focuses on humility and doing good to others or —in business— stakeholders. The ultimate (Read more...)

By: Sam Davtyan
Published: December 13, 2016, 9:32 pm
Love it or consider it a waste of time, social media has become a big part of how the best companies attract the best employees. Companies spend a significant amount of time building their brands and developing their online personas so that they can attract the best candidates for their open positions. Recruiting new employees through social media is like many other recruiting efforts. It must be done with caution, and employers should remember that it is a two-way street. They may want to screen candidates’ Facebook profiles, but they should remember that candidates will also be looking the (Read more...)

By: Ross Simmonds
Published: December 13, 2016, 4:41 pm
Twitter can be an extremely powerful sales tool for freelancers, particularly if they work in design or copywriting. It can help generate leads, establish a personal brand, build credibility, nurture relationships and close deals. It also provides freelancers with a direct path to purchase-ready consumers and industry leaders. I've been using Twitter for many years and have built relationships all over the world that have paid dividends. However, many freelancers using Twitter aren’t generating the results they want, and probably because they are spending too much time on activities that don’t provide a lot of value. It's so easy to (Read more...)

By: George Beall
Published: December 9, 2016, 8:16 pm
Crowdfunding has exploded as an opportunity for companies to raise money before ever putting together a product or having to worry about manufacturing costs. This also works as a way to engage with customers, presell units, and gain press/marketing exposure all with relatively little resources upfront. Recently, four college freshman launched a Kickstarter campaign to fund their new product, Band.it. What started as an idea while they were still in high school became an overnight sensation. They didn’t have degrees in business or engineering, nor did they have enormous funding behind them. These are the five steps they followed (Read more...)

By: Bruce Hakutizwi
Published: November 30, 2016, 6:00 pm
If you’re an American entrepreneur with more than a year or two under your belt, you’ve already experienced drastic economic changes. In fact, the last 10-12 years have been a roller coaster ride that many business owners either wanted to - or were forced to - get off when it changed from fun and exhilarating to sickening. Fortunately, in most sectors, things have slowed down in the last 1-2 years and have hit a steadier equilibrium that’s allowed for consistent, steady growth for many companies. But those companies are being run far differently now than they were in the (Read more...)

By: Pejman Ghadimi
Published: November 19, 2016, 12:00 am
I’m often told how lucky I am to be able to converse with the 200+ successful entrepreneurs we’ve interviewed in the Secret Entourage Academy. As a successful Serial Entrepreneur myself, I find it quite easy to relate on a uniform level to many of those incredible people I interact with every day. Part of what makes our interviews so compelling, powerful, and exciting is that I’ve shared many of the same struggles and successes, so I know the right questions to ask each person in order to really understand their processes for success. However, throughout this journey, I have (Read more...)

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