The pandemic upended our day-to-day norms (and spending habits). As the lockdowns swept the country, people saved money on categories that were closed or restricted, such as dining out, traveling, or going to the movies. However, when restrictions cooled and the world opened up again, so did millions of wallets — enter: “revenge spending.” Typically […]
Opinions expressed by Entrepreneur contributors are their own. It used to be enough to drive profitability, but modern businesses (and their employees) now require a transcendent higher purpose. This is the “why” behind your company’s mission and vision statements and helps align the decisions you make when dealing with uncertainty in business. Purpose-driven organizations are
You might want to think twice before mailing that check. According to the U.S. government’s Financial Crimes Enforcement Network, banks made 680,000 check fraud reports in 2022, up about 48.5% from 2021. The U.S. Department of Treasury also estimates that between 2021 and 2022, check fraud increased by more than 80%. “Check fraud has always
Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. It’s impossible to tackle the wide range of entrepreneurial duties without a trusty computer. And since FreshBooks reported
Opinions expressed by Entrepreneur contributors are their own. In March of 2020, companies officially closed their doors and opened their minds to new ways of running their business amidst the global pandemic. Since then, the feasibility and advantages of in-office vs. remote work have become a topic of conversation and controversy. Today, business leaders are
Kairan Quazi is about to graduate college with a job waiting for him at SpaceX, but he won’t be able to share the news on LinkedIn. That’s because the professional social networking platform has a minimum age requirement of 16, and Quazi is only 14. But Quazi is no average teenager. He received his high
Opinions expressed by Entrepreneur contributors are their own. Over the last several months, I have been deeply immersed in the Goldman Sachs 10k Small Businesses (10KSB) accelerator program. In partnership with Babson College, Goldman Sachs developed an in-depth curriculum that requires small business owners, or “scholars,” as we are called during the program, to take
In the next episode of our Leadership Lessons series, host Jason Nazar chats with a fellow lifelong entrepreneur with experience building companies and leading high-performing teams. Over the past two decades Brent Handler has been a pioneer, transforming the way people take vacations. In 2002, Handler co-founded Exclusive Resorts and served as its President until
As the streaming market is expanding, streaming video pioneer Netflix (NFLX) is identifying new revenue streams and introducing an ad-supported service. However, given the current macroeconomic headwinds, should you buy the stock? Keep reading to find out. Video streaming giant Netflix, Inc. (NFLX) beat Wall Street earnings estimates for the first quarter but offered a
It seems like everyone is harnessing the power of rapidly advancing AI to gain an edge in business these days — including ecommerce giant Amazon. The company is experimenting with using generative AI to summarize product reviews, and although the move has the potential to save customers time from sifting through thousands of comments, it