Entrepreneurship Tips — Business Tips

It's NOT what you've thought! By New England Journal of Medicine The director of the George Washington University College of Medicine argues that the brain of an elderly person is much more plastic than is commonly believed. At this age, the interaction of the right and left hemispheres of the brain becomes harmonious, which expands our creative possibilities. That is why among people over 60 you can find many personalities who have just started their creative activities.Of course, the brain is no longer as fast as it was in youth. However, it wins in flexibility. That is why, with age,...

The University of Chicago’s Booth School of Business reported the median salary for this year’s graduates grew $5,000 to hit $155,000. Pay for business-school graduates rebounded to new heights this year after flat lining early in the pandemic. Salaries for newly minted M.B.A.s are hitting record highs as consulting firms, banks and technology companies lure top business-school graduates into their ranks in a tight labor market. Both the Wharton School of the University of Pennsylvania and the University of Chicago’s Booth School of Business reported the median salary for this year’s graduates grew $5,000 to hit $155,000. It was Wharton’s...

‘I Paid For Fine Dining, But I Got McDonald’s’: MBA Student Testifies In Rankings Fraud Trial Kristy Bleizeffer  Ousted Temple Fox Dean Moshe Porat After nearly three years and almost $120,000 in federal loans, Ibrahim Fetahi says his degree from Temple University’s Richard J. Fox School of Business and Management is not worth the hefty investment nor his nearly $100,000 in outstanding debt. “In my mind, I paid for fine dining, but I got McDonald’s. Yes, I got food, but I didn’t get the quality I paid for, or the service,” Fetahi testified today (November 10) in the federal criminal...

Creating a Culture of Innovation to Win Entire Markets Are you in charge of innovation? Every CEO is. And many others should be too. Peter Drucker famously said: “Companies have only two jobs: Marketing and Innovation”. I believe he is 100% correct as everything else is relatively easy. The other things do not need much creativity, which is the rarest resource. This is why Hollywood screen writers, Producers, top Directors and Authors make very big bucks.  Not to mention successful Entrepreneurs like Elon Musk.  Who BTW spends almost all his time on product focused innovation. These two videos, and guiding...

  BEFORE After 3 Years   Revenue $20M, low profitability at < 10%   Four Locations, one failing Founder stressed with no real management team Growth rate: 15% CAGR Poor morale and recurring revenue with high employee turnover. Business Value: ~ $20 million   Revenue $40 million, high profitability at over 25% not including huge increase in enterprise value Six locations Founder has full team in place (done in first 6 months).  Less stress, more success and growth. CAGR: 40%-50%+ Morale improved greatly. Reduction in turn-over especially in senior positions. Offer to buy from Private equity firm for $60 million...