How to regain a reputation and customer base

Brilliant businesses are built on brilliant reputations, with few exceptions. A growing base of enthusiastic fans and happy customers who spread the word negates the need for excessive marketing spend. It also helps to increase revenue, profits and all other metrics and means your company easily outperforms competitors along the way. If every satisfied customer … Read more

A Billionaire Hit Me $30,000 — Here’s What I Learned From The Experience

The views expressed by the contributing Entrepreneurs are their own. A billionaire beat me out of $30,000. Yes, you read that right! He initially paid me for some of my work — but refused to pay the remaining $30,000. Now, $30,000 is potentially a significant amount of money and may even represent several months or … Read more

The biggest problem for today’s entrepreneurs

Shiny object syndrome is the phenomenon of being distracted by new and exciting opportunities. For entrepreneurs, this can mean new business ideas or products or services that are not part of their current business plan. They have an urge to try this new thing that someone seems to be doing successfully. Realizing that you’re dealing … Read more

3 ways to harness the power of innovation during a recession

Colleagues in conference room getty Strategic budgeting seems to be a big trend right now, especially given the possibility—or inevitability—of an extended recession. In the face of uncertainty, many business leaders are trying to maximize their finances for the greatest impact. Some are drastically cutting jobs, while others are slowly cutting back on marketing spending. … Read more

How do you know this is the right side for you?

getty You’ve been thinking about this side hustle idea for some time now, wondering if this is it. You don’t want it to take too much of your day (or your wallet) to implement it, but you do want it to be successful. Of course, there is a much more important matter on your mind. … Read more

The three main traits that built a business empire

What would you do if you had nothing? If you were starting from scratch, with no money, no contacts and no idea which way to turn, what would be your next move? When you hit rock bottom, there’s only one way to go from there. But getting out of a bad place takes more than … Read more

Nintendo Says Switch Chip Shortages ‘Largely Resolved’ As It Cuts Forecasts

Image: Damien McFerran / Nintendo Life As part of Nintendo’s nine-month financial report for the 2022/23 financial year, the company said supply issues that had limited production for several years had been “largely resolved” in the final months of 2022. Commenting on Nintendo Switch sales in its explanatory materials, the company says the global semiconductor … Read more

Meet the 37-year-old CEO of OnlyFans, Amrapali Gan

The views expressed by the contributing Entrepreneurs are their own. Amrapali Gan is the Indian-born CEO of adult subscription platform OnlyFans. The 37-year-old had stints at Red Bull, Loewell Herb and Cannabis Cafe before taking the top job at OnlyFans. Gan sees OnlyFans as a social networking platform for everyone, not just sex workers. This … Read more

British Gas will stop entering homes to install pre-paid meters

British Gas has announced it will stop applying for warrants to enter customers’ homes and install pre-paid meters after reports they were forced on “vulnerable” customers. Energy companies can get court orders that give them legal rights to enter people’s homes and install prepayment meters if customers haven’t paid their bills. Customers must then top … Read more

Facebook’s VR division lost $13.72 billion in 2022

Image: Kotaku/Shutterstock/Kevin Dietsch (Getty Images) Facebook’s parent company Meta is having a decent day today after beating its revenue and user activity forecasts for the final fiscal quarter of 2022. But its VR division isn’t helping the company make money. In fact, it is costing the company billions in losses. While it’s true that Meta’s … Read more