Opinions expressed by Entrepreneur contributors are their own. Production downtime and factory productivity are closely correlated, as a factory can lose up to 20% of its productivity due to downtime. The most common cause of production downtime is a malfunction or breakdown of equipment. However, it is possible to reduce equipment failure and keep downtime…
When you have important conversations in public, you always run the risk of people overhearing what you have to say. Such was the case for one TikToker who is now going viral after sharing her story of eavesdropping on someone’s job interview while in a local Starbucks. TikToker Brittany Lima said she noticed the man…
Opinions expressed by Entrepreneur contributors are their own. Collaborations are one of the most effective ways to boost your marketing activities. Most companies and startups know this and invest significant resources into collaboration activities. When they first hear about collaborations, many people immediately think about influencer marketing campaigns. They think about celebrities sharing products on…
Opinions expressed by Entrepreneur contributors are their own. A successful organization understands its strengths and weaknesses, sets clear goals and objectives and achieves them through action. A strategic plan helps leaders get their teams to focus on the right initiatives to yield the greatest results for their company. You can’t create a great strategy without…
Opinions expressed by Entrepreneur contributors are their own. You may know her as a multi-millionaire investor on ABC’s Shark Tank, but New York real estate mogul Barbara Corcoran didn’t become one of the highest-paid female investors in the world overnight. Like many other entrepreneurs, she climbed her way to the top from nothing. Axelle/Bauer-Griffin |…
Opinions expressed by Entrepreneur contributors are their own. In today’s world, data is everything. A data analyst for Centogene once said, “Data is information, and information is power.” When it comes to media relations, acquiring and disseminating data is a potent and influential tool. Data has been used to delineate fact from fiction, it changes…
Opinions expressed by Entrepreneur contributors are their own. As the narrative around climate change shifts from the responsibility of the individual to the collective power of businesses to effect meaningful change, it’s time to begin a dialogue around how your small business can make a visible difference in an authentic and purposeful way. Start-ups and…
Opinions expressed by Entrepreneur contributors are their own. Most people view a successful entrepreneur as a natural-born leader. While some successful entrepreneurs are, many founders take leadership skills for granted or never completely develop them. Consequently, they cannot influence others, making it almost impossible to achieve success. This article will discuss eight leadership qualities that…
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. “Shark Tank” enthusiasts over the past 14 seasons have seen dozens of entrepreneurs pitch their products in the…
Opinions expressed by Entrepreneur contributors are their own. Whether you want to change the world or just be your own boss, the entrepreneur bug is spreading fast. Bootstrapping is a noble cause, but an infusion of capital in any business venture will help a company scale, gain credibility and even tap into resources beyond money.…