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Entrepreneurshiplife

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Why a Shareholders Agreement is Crucial to Your Business

  • A shareholders' agreement legally specifies the roles, rights, and responsibilities of shareholders within a company.
  • Protects minority shareholders by providing a voice in major company decisions.
  • Clarifies shareholder responsibilities and defines their involvement in managerial decisions.
  • Ensures the continuity of business operations when key shareholders leave the company by implementing buyout provisions or share transfer protocols.
  • Sets guidelines for how profits are distributed and what happens if a shareholder exits the company.
  • Shareholder disputes can slow business operations and lead to unnecessary litigation without a formal agreement in place.
  • Share transfer restrictions prevent shareholders from selling their shares to outsiders without the approval of other shareholders.
  • Dispute resolutions and exit clauses prevent uncertainty and ensure a smooth transition among shareholders.
  • Investors want to see well-organized businesses with formal shareholders agreements for thoughtful risk management.
  • Legal professionals should be consulted to draft a shareholders agreement that works for your company.

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Entrepreneurshiplife

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The Future of Employee Assistance Programs: Digital Solutions and Personalized Support

  • Employers are realising that workers have emotional, psychological, and social needs in addition to being productive members of the workforce.
  • Employee Assistance Programs must change as the workplace does, particularly in light of digital transformation and the growing desire for individualised experiences.
  • Today’s employees want assistance that is not only all-inclusive but also easily accessible and customised to meet their specific requirements.
  • Organisations’ approaches to employee support have changed due to the COVID-19 epidemic and the global move towards remote work and digital communication.
  • Digital EAP platforms offer support around the clock, guaranteeing that workers may get help when needed—during a stressful work scenario during the day or at midnight during a mental health crisis.
  • Workers might ask for assistance through text-based chats or video calls without ever stepping into an office or meeting someone in person.
  • Digital EAP solutions are frequently more scalable and affordable for organisations than traditional in-person counselling.
  • EAPs can offer more meaningful and relevant support by customising services to meet the needs of each individual client.
  • Employee assistance programs of the future will focus on individualised help and technology solutions that address the needs of the individual rather than the group.
  • Businesses will invest more money supporting employees’ mental health and well-being as core values, making EAPs a routine part of the workplace.

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Funded

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Why is Quality Content Important for Your Business Growth?

  • Creating high-quality content has become crucial in order to keep business flourishing and to avoid the risks that can damage brand image.
  • High quality content is a foundation that promotes and endorses a business online.
  • Educational content plays an important role in educating audience about services and offerings.
  • High-quality content fuels SEO and helps attract potential customers.
  • Social media is one of the easiest ways to connect with potential customers and can be fueled by high-quality content that enables companies to retain the target audience.
  • Entrepreneurs can't deny the significance of digital marketing strategies as well as high quality content when it comes to business growth.

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Entrepreneurshiplife

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Customer Engagement: Strategies and Benefits for Building Lasting Relationships

  • Customer engagement is the ongoing interaction between a brand and its customers across various channels and touchpoints.
  • Engaged customers actively participate in a brand’s ecosystem, showing interest, sharing feedback, or advocating for the brand.
  • Customer engagement helps in maintaining relationships, reducing churn and boosting customer loyalty and retention.
  • It also reveals upselling opportunities, streamlines purchase cycles, and increases user engagement.
  • Measuring metrics such as Average order value, social interactions, purchase frequency, repeat purchase rates, and newsletter open rates provide insight into how well customer engagement strategies are working.
  • Proven customer engagement strategies involve sharing brand stories, personalizing interactions, practicing active listening, offering valuable content, collaborating on a mutual action plan, providing free, useful benefits, adopting a social media strategy, gathering and acting on feedback, and utilizing the right engagement tools.
  • Prioritizing customer engagement not only enriches the customer experience but also drives sustainable business growth.

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Medium

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A Story of Renewal: Embracing Reflection, Hope, and New Beginnings

  • This article reflects on the concept of renewal, embracing reflection, hope, and new beginnings.
  • The author emphasizes the importance of gratitude and appreciating the support and connections shared with others.
  • Intentionality is highlighted as a key aspect of renewal, focusing on personal growth, nurturing relationships, and finding balance.
  • The article also emphasizes embracing hope and optimism for the new year, acknowledging the challenges ahead with resilience and faith.

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Young Upstarts

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Everything You Should Know Before Pursuing An Online MBA

  • Before pursuing an online MBA, consider factors like a powerful learning management system, program suitability, and curriculum evaluation.
  • Choose a school with a good reputation, accreditation, career placement resources, and a strong teaching faculty.
  • Time management is crucial for completing an MBA online. Establish a routine, prioritize tasks, and declutter your workspace.
  • Networking is important for professional growth. Develop operational, personal, and strategic networks during your MBA journey.

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Leadgrowdevelop

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Tips on How to Diversify and Protect Financial Assets

  • Diversification is essential for protecting and maximizing financial assets.
  • Understand different asset classes and their behaviors.
  • Diversify investments across sectors and consider international investments.
  • Utilize mutual funds and ETFs for broad diversification.

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Leadgrowdevelop

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Sustainability in Commercial Office Spaces: Eco-Friendly Practices for the Modern Workplace

  • Sustainability in commercial office spaces is not only beneficial for the environment but also for businesses and employees. Implementing energy-efficient solutions can greatly decrease energy use and reduce operational costs. Using recycled and sustainable materials for office furniture and construction is a great way to reduce waste and conserve natural resources. A comprehensive recycling program in the office ensures that materials like paper, plastic, glass, and aluminum are properly recycled. Providing incentives to use public transportation or shared cars reduces the need for daily commuting. Indoor air quality is a key aspect of sustainability in the workplace. Fostering a culture of sustainability among employees is equally crucial to make a positive impact on the environment while improving their bottom line.
  • Sustainability refers to the practice of meeting our current needs without compromising the ability of future generations to meet theirs. In commercial office settings, sustainability is crucial because offices typically consume large amounts of energy and resources. Energy-efficient solutions can greatly decrease energy use and reduce operational costs.
  • Switching to LED lighting can cut down on electricity use and save on energy bills. Smart thermostats installed in commercial offices can adjust the temperature based on occupancy and weather conditions, preventing unnecessary energy use.
  • Installing low-flow faucets, toilets, and showerheads in office restrooms can significantly reduce water consumption. Using smart irrigation systems and water recycling systems for outdoor landscaping can lead to long-term water savings.
  • Using recycled materials for office furniture, flooring, and construction is a great way to reduce waste and conserve natural resources. Many sustainable flooring options like bamboo, cork, or linoleum are renewable and durable.
  • Encouraging employees to use digital documents, emails, and cloud storage instead of printing out paper copies. Set up a comprehensive recycling program in the office. Encourage the use of reusable office supplies such as pens, notebooks, and water bottles.
  • Encouraging sustainable commuting options for employees can help reduce the office’s overall carbon footprint and promote a healthier lifestyle. Offering employees incentives to use public transportation or bike-friendly facilities, and installing EV charging stations can help employees to drive electric vehicles.
  • Installing air purification systems can help remove pollutants, allergens, and toxins from the office air. Incorporating indoor plants into the office space can naturally improve air quality by filtering out toxins and increasing oxygen levels.
  • Offering training sessions or workshops to educate employees about the importance of sustainability and how they can contribute. Form a “green team” or sustainability committee within the office. Offering rewards or incentives for sustainable behaviors can encourage employees to take part in the office’s green initiatives. Hosting sustainable office events can be a fun way to get employees involved.
  • Sustainability is not just a trend—it’s a smart and necessary strategy for the modern workplace. By taking steps today to reduce energy use, minimize waste, and promote sustainable behaviors, businesses can make a positive impact on the environment while improving their bottom line.

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Medium

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Data Is You: Revolutionizing Shopping with 1st Person Datasets and SAAS

  • A 1st person dataset is a comprehensive collection of personal information that reflects your unique identity as a consumer.
  • By owning and managing your 1st person dataset, you gain control over your digital identity and can use it to your advantage.
  • SAAS platforms can leverage your 1st person dataset to provide highly personalized shopping experiences.
  • With a SAAS platform, you maintain ownership of your 1st person dataset and have control over how your data is used and shared.

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Inspirery

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Wesley Howard Triani

  • Wesley Howard Triani is a financial planner with over 43 years of experience.
  • His father instilled in him the values of hard work and perseverance.
  • Wesley specializes in Maximizing Social Security benefits in conjunction with retirement planning.
  • Canoeing, woodworking, and music help Wesley’s approach to financial planning.
  • Most people underestimate the importance of Social Security optimization.
  • Faith is the foundation of everything Wesley does. Reading the Bible has taught him humility, perseverance, and the importance of serving others.
  • Early in his career, Wesley learned to refine his communication skills.
  • Public speaking is a natural extension of Wesley's work.
  • Daily goal-setting is the key habit that keeps Wesley productive.
  • Wesley heads outdoors to clear his mind when he’s feeling unmotivated or stuck.

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Inspirery

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Henry Mauriss

  • Henry Mauriss is an experienced media executive and entrepreneur with over 25 years of experience in consumer marketing, branding, and broadcasting.
  • As the CEO of ClearTV, Mauriss has revolutionized the out-of-home television experience by transforming it into a multi-dimensional platform that delivers high-quality, engaging content to viewers in airports, healthcare facilities, transportation hubs, and beyond.
  • ClearTV’s innovative model integrates mobile app marketing and IP-based broadcasts, allowing users to engage with content on the go, creating a seamless connection between traditional television and modern digital platforms.
  • Under Mauriss’ leadership, ClearTV has, over its history, partnered with over 200 top television networks, offering a genre-diverse mix of entertainment, lifestyle, and news programming that captivates audiences during extended dwell times.
  • Driven by a passion for innovation, Mauriss combines his business acumen with a commitment to providing real value to both viewers and advertisers.
  • ClearTV was born from the realization that people spend significant time outside their homes, yet they are often captive to bland, one-dimensional content like news loops or sports highlights when in public spaces.
  • ClearTV curates a wide range of content from a wide variety of network partners, including genres like entertainment, lifestyle, health, and even tech, so viewers get an experience they actually enjoy.
  • ClearTV’s model is much more dynamic. They can reach people in venues where they are experiencing long dwell times, so they are more likely to engage with their content—and by extension, the brands that advertise with them.
  • ClearTV is exploring the integration of more interactive elements in their broadcasts, allowing viewers to engage with content in new ways.
  • Mauriss is proud of how far ClearTV has transformed in redefining what out-of-home entertainment can be.

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Medium

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Product Management for Start-ups

  • Product Management can help founders chart a path that is realistic, purposeful and supportive of their ultimate mission and vision.
  • Founders often don’t have much prior success, limiting their lessons learned.
  • Start-ups need to get inside the way their users operate and what they’re trying to accomplish.
  • Founders need to evaluate the greater impact of suppliers, workflows, and complementary technologies.
  • Real user insights support a start-up toward meaningful milestones in a successful product journey.
  • Funding is a big rock that most founders and start-up teams stumble over sooner or later.
  • Product Managers are built precisely for the role of encouraging a start-up and acting as a product shepherd.
  • It’s about jobs-to-be-done.
  • Thinking like a PdM encourages founders to enlarge their point of view through engagement and curiosity about people.
  • Every product will have both users and buyers who often have vastly different wants, needs, and expectations.

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Insider

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A prominent finance creator has struck a new deal with Vox Media as influencer podcasting heats up

  • Vivian Tu, known as 'Your Rich BFF' online, is partnering with Vox Media and PS to launch season two of the 'Networth & Chill' podcast.
  • Tu aims to make finance less complex and empower diverse audiences about money.
  • Vox Media and Tu share why the partnership made sense and what helped seal the deal.
  • The podcast will now include a video format and dive deeper into exactly how financially well-off individuals were able to grow their net worth into the millions.

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Eonetwork

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How To Master the Art of Saying ‘No’: A Key Skill for Entrepreneurial Success

  • Saying no is critical because it empowers you to focus your limited resources—people, time, money—on the core elements that drive success best.
  • The most successful entrepreneurs say no to most "opportunities".
  • The overarching issue is that most people say yes too much.
  • The most crucial question to ask is: "What won’t we do?"
  • Businesses with a narrow focus on delivering only what they can nail for the customer—a product or service not readily found elsewhere—are the successful ones.
  • When you nail what you will do, your company will be more successful and profitable.
  • Your “Won’t Do” list is an essential business tool.
  • As a result, clients started to approach Bergler first because they had so many misses with sub-par competitors.
  • There is a robust correlation between success and abiding by a strong “Won’t Do” list.
  • Make your “Won’t Do” list today.

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Medium

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What are the key factors that differentiate successful startups from those that fail?

  • Achieving product-market fit is important for startups to succeed - understanding customer needs and delivering better solutions often leads to success.
  • Agility is the ability to quickly adapt to changes in the market, customer feedback, or industry trends helps startups to pivot and succeed.
  • Strong leadership with a clear vision and a skilled and motivated team that aligns with the company's values plays an important role in startups success.
  • Financial management through efficient budgeting, timely fundraising, and a clear understanding of the company's financial health is critical for startups to succeed.
  • Successful startups tend to focus on their customers by prioritizing their needs and pain points, engaging them throughout the product development process helps build loyalty and increase retention.
  • Market timing and launching a product when there is a demand for it in the market helps startups succeed.
  • Marketing and branding are important for startups to stand out in a competitive market. Successful startups invest in building awareness and communicating their value propositions effectively.
  • Resilience is crucial in determining whether a startup will succeed. Entrepreneurs who view setbacks as learning opportunities are more likely to iterate and refine their approach, leading to eventual success.
  • Scalability and scalability strategy plays an important role in startups success. Successful startups plan for growth and expand thoughtfully, focusing on conquering one market before moving into others.
  • Having a clear differentiator or unique selling proposition (USP) is crucial in a crowded marketplace. Successful startups define what makes them different or better than competitors.
  • Mentorship, networking, and access to the right resources play a crucial role in a startup's success, helping them gain access to funding, talent and market intelligence.
  • The ability to adapt, innovate, and persevere through challenges can increase a startup's chances of long-term success while a culture of continuous improvement also helps startups to succeed.

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