Opinions expressed by Entrepreneur contributors are their own. This story originally appeared on Under30CEO.com Business fraud is real. According to a report by the Association of Certified Fraud Examiners, “U.S. Businesses will lose an average of 5% of their gross revenues to fraud.” One of the most common types of fraud is accounts payable fraud.…
Opinions expressed by Entrepreneur contributors are their own. When I was just starting on my leadership journey, I needed good people to push me to do great things (and stop me from doing stupid things). In the sense that learning never stops, that’s still true. Because my firsthand experience with mentors has been so valuable,…
Things aren’t exactly looking bright at Elon Musk’s Twitter. Over the weekend, Musk revealed on the social media platform that the company is struggling to break even after his $44 billion acquisition last November. A Twitter user joked with the billionaire that he should create a “consortium” of people that share his vision for what…
Opinions expressed by Entrepreneur contributors are their own. When ecommerce activity skyrocketed during the pandemic, many were quick to call it the death of brick-and-mortar retail. But now that the 20%+ growth rates in ecommerce have fallen into single digits, many others are saying it was all just a fad. The problem with both accounts…
Opinions expressed by Entrepreneur contributors are their own. As the business world continues to move on from Covid-19, a range of trends and assumptions widespread during the height of the pandemic are being reassessed. Among them is the notion that “job-hopping” by younger workers is natural or even laudable. Of course, job-hopping, especially by younger…
Opinions expressed by Entrepreneur contributors are their own. Madison Stottlemyre was having a meltdown. She had recently decided, at 20, to leave the University of Arizona and pursue a career in franchising under the tutelage of her father, former Major Leaguer Todd Stottlemyre. But, despite Todd’s warning that being the boss was quite different than…
Opinions expressed by Entrepreneur contributors are their own. Business events are super lucrative for entrepreneurs, at least for the ones who come with the right mindset. Others, though, sometimes leave feeling great — but if you audit their progress, little to no forward movement is made. So, what makes the difference between the one who…
Threads, the new social platform powered by Mark Zuckerberg’s Meta, has been dubbed a Twitter “copycat,” with Elon Musk even going so far as to threaten Meta with a lawsuit over the engineering of the new social media app. Now, Twitter co-founder Jack Dorsey is having fun entering the conversation. Dorsey took to Twitter to…
Opinions expressed by Entrepreneur contributors are their own. Sometimes, business owners get lucky and can simultaneously please their customers, partners, employees, investors and board members. But other times? You might find this balancing act impossible. This often occurs when there’s a can’t-win situation at stake. For example, maybe you and your board agree your product…
American workers are seeing an increase in their paychecks that surpasses inflation for the first time in two years, with inflation-adjusted average hourly wages rising by 1.2% in June, according to the Labor Department. Federal Reserve Chair Jerome Powell welcomed the wage increases, especially for lower-income individuals, but emphasized the importance of controlling inflation. “It’s…