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Every year or so, I’ll informally poll veteran entrepreneurs I know. The questions I ask have evolved over time, but a few remain pretty consistent. One that I find elicits some of the more insightful comments is this question:
“What is the single best piece of advice you received — or wish you’d received — when you were just starting out as an entrepreneur?”
Southwest is one of the most admired companies in the country, respected in an industry that's better known for delayed flights and bad customer servicethan a great corporate culture.
Not to mention the fact that it's remained profitable in a sector that rarely is.
One of the reasons for that is its founder, Herb Kelleher, who put an enormous amount of emphasis on culture and the customer experience, something that's persisted even after he stepped down as CEO.
Mark Cuban has taken to Reddit to answer questions on everything from the NBA, to his famous confrontation with ESPN talking head Skip Bayless, to his unconventional ideas on tax policy.
He also gave advice on what made him famous before he became the high profile owner of the Dallas Mavericks and his incredible success as an entrepreneur.
Discover what Mark Cuban said when asked what people should know before starting a business.
While 2013 will be a tough year for retailers due to the tepid economic recovery, a few in particular face a critical 12 months. Their experiences highlight the challenges facing store chains, from increasingly cautious consumers to fierce online competition.
The four are Best Buy, J.C. Penney, Radio Shack, and Sears.
2013 will be the perfect storm of necessity and opportunity: some economies will do OK(-ish), others will be shaky, but whatever the market or industry, those who understand and cater to changing consumer needs, desires, and expectations will forever have plenty of opportunity to profit.
A remapped global economy, new technologies (or "old" technologies applied in new ways), new business models… hey, what's not to like?
Hence this overview of 10 crucial consumer trends (in random order) for you to run with in the next 12 months: . . .
Coca-Cola and Pepsi have been battling each other for more than a century. It's a legendary brand rivalry.
The fight has often gotten personal. Most recently, Pepsi went after Coke's famed mascots: the polar bears and Santa. The feud has even spilled over into outer space.
How did it end up this way?
CnnTees put together an infographic entitled "The Soda Wars" that includes everything you'd ever want to know about the history of the Coke vs. Pepsi.
As the world's largest online retailer, it's no surprise that its biggest fulfillment center in Phoenix, Arizona, is the size of 28 football fields.That's because it's their goal to have everything anyone wants at any time.
Amazon has 80 fulfillment centers in the world to handle all of its orders. . .
In the age of mobile technology, shoppers are changing more than ever, and retailers are rushing to catch up with their customers' ever-evolving demands.
King Retail Solutions designs modern retail stores. The company shared anecdotes and images about what the store of the future will look like.
