Business CEO Who Took $1M Paycut To Give All Employees $70K Minimum Salary In 2015 Explains How It Affected The Company |
- CEO Who Took $1M Paycut To Give All Employees $70K Minimum Salary In 2015 Explains How It Affected The Company
- Salesforce Doing Layoffs a Day After Announcing Record-Breaking Profits
- Rolls-Royce reports record loss amid pandemic
- Delivery Hero strikes again and acquires InstaShop
- Doing a business course
- Help about how to manage a client
- How COVID-19 Broke the Airline Pricing Model
- US Businesses and Tax - a question
- TikTok CEO Kevin Mayer quits: memo
- When your company is just like everyone else's
- American Airlines government assistance layoffs
- The Fed is expected to use a new pandemic-era tool to fight a long-running battle against low inflation
- TikTok Reportedly Approached Netflix Offering To Sell Its US Arm
- Apparel Factories Are Busting Unions—A Labor Expert Explains What Brands Should Be Doing To Stop Them
- How do I setup a custody account for a teenager on Degiro?
- M&A among car dealers expected to reach record levels in the second half of the year
- Durable Goods and What They Say About the Economy
- Is getting a business degree worth it?
- Why don't Amazon buyers have a rating system and get feedback from sellers, like Ebay?
- Foodtruck in Norway - advice needed
- How do you create a business without feeling bad?
| Posted: 26 Aug 2020 05:50 AM PDT |
| Salesforce Doing Layoffs a Day After Announcing Record-Breaking Profits Posted: 26 Aug 2020 03:07 PM PDT |
| Rolls-Royce reports record loss amid pandemic Posted: 26 Aug 2020 11:33 PM PDT |
| Delivery Hero strikes again and acquires InstaShop Posted: 27 Aug 2020 01:40 AM PDT Delivery Hero strikes again and acquires InstaShop – a leading online grocery marketplace in MENA for $360M.Delivery Hero said the acquisition values the company at $360 million, $270 million up front plus an additional $90 million based on InstaShop meeting certain growth targets. It currently operates in five markets: United Arab Emirates, Lebanon, Egypt, Bahrain, and Greece. [link] [comments]  |
| Posted: 27 Aug 2020 01:12 AM PDT Hi, so I'm doing a business course before I go to uni and it's supposed to be really hard. I was wandering if there were any websites anything wit business keywords / practise exams etc so I can make sure I'm ready. [link] [comments]  |
| Help about how to manage a client Posted: 26 Aug 2020 11:57 PM PDT I am new to this community and i need some advice related to a new independent services I have started providing recently. If my question isnt allowed here then please feel free to ignore and i apologize in advance. So I have recently (a few months back) joined an internet platform (dont want to mention its name) which is basically a freelance platform for developers. I have started with a fee of $8 per 15 minutes session and slowly i raised it to $10. At this point I have created a small loyal clientale who felt comfortable to keep using my help whenever they needed. A few weeks back I have raised my fee to $11 which everyone happily agreed to and some of them even asked me to raise it to at least $15 because they said i deserved it. However I kept it at $11. There is this one client who actually got surprised and asked me to make my fee back to $10. I did not want to harm my relationship with him so i gave him the benefit of the doubt that he wasnt ready just yet. Now at least 3 weeks have passed and he has been taking my help quite a lot and he always insists to put it back to $10 whenever we he needs my help. I just dont know if i should go on like this or i should ask him. I also feel bad about it, thinking that he might not afford it but $1 doesnt seem like such a big amount, it does make a difference for me though. He also seem to have his own business so sometimes i feel like he is just fooling me because i am letting him. I am new to this. I used to work in companies where i never had to negotiate about money to the clients, i just had a fixed salary. Any advice would be highly appreciated. [link] [comments]  |
| How COVID-19 Broke the Airline Pricing Model Posted: 26 Aug 2020 11:46 PM PDT |
| US Businesses and Tax - a question Posted: 26 Aug 2020 11:16 PM PDT Hi everyone. I'm not a US citizen, resident or taxpayer. I'm currently in talks with someone based in the US about setting up a company together, with me being the minority shareholder. My question is: If I set up this company with him on my own name, will I need to pay tax? If so, would it have tax implications on my other sources of income (all non-US)? What would be the best option, in your opinion? Thank you. [link] [comments]  |
| TikTok CEO Kevin Mayer quits: memo Posted: 26 Aug 2020 10:15 PM PDT |
| When your company is just like everyone else's Posted: 26 Aug 2020 10:08 PM PDT Hi everyone! A lot of startups are struggling with differentiating themselves from the competition and it happens for a reason. It's just difficult. I spent the last two years trying to figure out how to stand out from a crowded market and I wanted to share my findings with you. In 2016, a crisis was at our doorstep at Ragnarson. We just lost two major clients, needed to lay off our people, and struggled to get new projects. There were more and more software agencies appearing around us, and we felt like we were "just like everyone else," with the same, undifferentiated offering. In the mid-2000s, when Ragnarson started its operation, we were one of the first Ruby On Rails development agencies in Central Europe. We were experts in a niche technology. We felt that we were in the right place. Ten years later, we realized that we are no longer unique. Software agencies with a similar value proposition were popping up all over the place. Software development became a commodity product. And it felt bad, especially when you struggle with sales and have no idea how to differentiate yourself. Operating on a crowded market is a common struggle. If you don't have any competition, it's likely that there is no business to be made there. Competition is good. It motivates you to keep pushing forward and care about every aspect of your company. The problem starts when you can't say what makes your organization better anymore. It means that you've lost touch with your company and your market. You've become just like everyone else. In search of the Holy Grail When companies realize that they're just like everyone else, they're often looking for a big business change that would lead to overnight success. A change that would move their business ahead of their competition. But in reality, every big change is made up of numerous small changes that compound together. Oftentimes, there's no need to reinvent the wheel, but just to get back to the basics and find 1-2 things that help in standing out from the crowd. Of course, when we realized that we are "just like everyone else," we started to search for this one big change immediately. Maybe we should pivot? We've had previous experiences with running our own hosting platform, shellycloud.com. But at the time, we had no idea what product we could build. We started to research this and ended up with few ideas. To speed up the process, we organized a workshop with Sustainable Natives (huge thanks to Marco, Matthias, Christian, and Marius). They helped us to narrow down the list of ideas to precision farming. After a few months, we realized that without prior experience in agriculture and farmers in our network, building a relevant product and bringing it to the market would take ages. We started looking for experts with domain knowledge and very early-stage startups that we could join forces with. This was a challenge in itself. After several conversations with startups, it became clear that the level of trust that was needed here was difficult to build. On the other hand, a pattern emerged. Many of the startups we spoke with would benefit from additional capital and software expertise. We could easily bring both to the table. Then, after an amazing workshop with Hubert and Matthias from SmartHectar, we recognized that it makes more sense for us to invest in several companies instead of co-founding one. The story continues. With time, one of our biggest lessons learned was that instead of carrying out a 180-degree change of our business model, we're starting to get back to what we are good at - creating successful software, but with a slightly different approach. There are still many steps ahead of us, but we learned that the most important thing is a constant feedback loop between our ideas and the niche we are thinking about. The fact that we started the process that after 2 years resulted in changing Ragnarson from a software development agency into a Digital Venture Builder focused on impactful startups. Process, not outcome It's a cliche, but just like most cliches, it's true. Instead of locking yourself in a room, doing research, and talking about ideas, focus on the process that could help you generate them. In this particular case, it means a sales process that enables you to constantly talk with potential customers or experts in your niche. They are the best source of information and inspiration on how to differentiate yourself. Your job is to actively listen to their opinions and watch their reactions to what you tell them. In order to do so, you need to have a number of regular calls/meetings each week. Whether it's 2, 5, or 15, to have a constant stream of people who listen to you, you need a good sales process. This is super important: you need to do it in the right volume in order to move forward. Random meetings and calls won't do, as you might be easily biased by strong opinions. With a larger volume, you will know which insights are worthwhile and which aren't. When you're at the point where most of the feedback you get repeats itself, it means that you've done enough. That's why you need a repeatable sales process that will allow you to do it. But how to create one - it's a topic for a different story. To sum up Finding your business soul is a process that never ends. Losing touch with your company and the market will make you end up in the crowd of lookalike companies. How not to lose touch? By regularly talking with relevant people who know your niche and aren't directly involved in your company. They will give you insights needed to see things from a new perspective. I don't feel that at Ragnarson, we found "the Holy Grail" of standing out from the crowd. But I'm convinced that with the constant feedback loop we created, we're headed in the right direction. We believe in the process, not in its outcome. [link] [comments]  |
| American Airlines government assistance layoffs Posted: 26 Aug 2020 02:54 PM PDT |
| Posted: 26 Aug 2020 02:35 PM PDT |
| TikTok Reportedly Approached Netflix Offering To Sell Its US Arm Posted: 26 Aug 2020 09:33 AM PDT |
| Posted: 26 Aug 2020 04:23 PM PDT |
| How do I setup a custody account for a teenager on Degiro? Posted: 26 Aug 2020 12:34 PM PDT r/DEGIRO sucks and doesn't let me post anything so sorry for coming to this sub. [link] [comments]  |
| M&A among car dealers expected to reach record levels in the second half of the year Posted: 26 Aug 2020 03:49 PM PDT |
| Durable Goods and What They Say About the Economy Posted: 26 Aug 2020 02:00 PM PDT |
| Is getting a business degree worth it? Posted: 26 Aug 2020 01:55 PM PDT I'm transferring from an arts college to a new college to attend in the Spring 2021 semester. I decided that I want to major in something more reliable for getting a job after graduating and will do my art pursuits on the side. Also, I think I'm more passionate about business. I'm planning on majoring in general business or business management in the school that I transfer to. Generally, how employable is a business major? To people who have one or are getting one, do you have any advice? Is it worth it? Thanks! [link] [comments]  |
| Why don't Amazon buyers have a rating system and get feedback from sellers, like Ebay? Posted: 26 Aug 2020 01:33 PM PDT How is Amazon's philosophy for this different from Ebay and why? [link] [comments]  |
| Foodtruck in Norway - advice needed Posted: 26 Aug 2020 06:40 AM PDT Hey guys! My father lives in Norway for couple of years now, speaks fluent Norwegian and loves to cook. I also enjoy making food, and have pretty good taste. He came with idea that we could start a foodtruck with hamburgers, kebabs or something else, since he's tired of his current work and always wanted to have a gastronomy business. He lives in city that's very popular among tourist yet there are only two low quality places where you can eat. Here are my questions: 1) how hard is running a foodtruck if neither of us had any experience in working in gastronomy? It seems simple but I guess I would have to spend a month working in such place. Or do you think that simply speaking with someone who worked in such place would be sufficient? 2) are there any traps in setting such business in Norway specifically? Is their market unique in some way? 3) any general protips in starting foodtruck business? Any must read/watch or something? [link] [comments]  |
| How do you create a business without feeling bad? Posted: 26 Aug 2020 08:53 AM PDT It's rare that I see useful businesses and a lot of people seem to sell products that don't need to exist. There's 1000's of Lip gloss shops on Instagram for example but the waste that the packaging produces + the fact that people don't need lipgloss (it can be made at home very easily) makes me feel like a business like that wouldn't be worth the money given its outcome. How do I sell something without feeling guilty about it or feel sorry for the customers? [link] [comments]  |
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