"We asked entrepreneurs, including a few "Shark Tank" investors and the cofounders of popular retailer Warby Parker, to share the most important lesson they learned in their 20s."


"Here's what they said."

Sourced through Scoop.it from: www.businessinsider.com

"Lots of entrepreneurs struggle with pricing. How much to charge? It's clear that the right price can make all the difference – too low and you miss out on profit; too high and you miss out on sales."


Read more: conversionxl.com

Author bio – Peep Laja (photo, left) is the founder of ConversionXL, a company that offers conversion optimization.

"Science suggests there's one personality type that's more likely to ditch the corporate structure and work for themselves."

Read more:  www.businessinsider.com

The longer a store allows you to return something after purchasing, the less likely you are to ever actually return it.

Read more: NYmag.com

Author bio – Melissa Dahl (photo, left) writes for NYMag.com.

As competitors like Costco, Aldi, Trader Joe's, and Family Dollar crowd the space, the idea of visiting a Walmart is less compelling to price-conscious consumers.


Author bio – Ashley Lutz (photo, left) is "Business Insider's retail editor. She previously covered specialty apparel and consumer companies for Bloomberg News. You can find her on Twitter at @AshleyLutz."

Read more: www.businessinsider.com

"Consumers just don't want to pay full price for anything anymore."

Photo courtesy of imagerymajestic – FreeDigitalPhotos.net

Read more:: www.businessinsider.com

". . . we tapped financial planners across the country to share some of the most head-scratching one-liners they've heard clients say about their nest egg plans."


Photo credit – Rafiq Sarlie – Flickr

Sourced through Scoop.it. Read more: www.businessinsider.com

Here are nine money-management mistakes you might make in your 20s that could come back to haunt you.


Author bio – Kathleen Elkins is a graduate of Williams College. She covers personal finance for Business Insider

Read more: www.businessinsider.com

Find the best places to work in America.

Read full article

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