Tag: entrepreneurs

Here’s How a Justice Amy Coney Barrett Could Affect Entrepreneurs

Posted on by [email protected]_84


9 min read


This week, Supreme Court confirmation hearings got underway for Judge Amy Coney Barrett, President Trump’s controversial, last-minute pick to fill Justice Ruth Ginsburg’s seat. Barrett’s pro-life stance and potential willingness to overturn Roe v. Wade has been the main topic of discussion. But where does she stand when it comes to business interests — for big and small companies — and protections for employees? Or contract workers? 

A recent study found that one-third of Americans now work in the $1.2 trillion freelance economy — a figure that’s ballooned 22 percent since 2019. On November 10, the Supreme Court will hear arguments on the fate of the Affordable Care Act, which provides health insurance to millions of Americans who don’t get it through their employers, as well as small-business owners (with under 50 employees) who use the public marketplace to provide insurance to their employees. According to the Commonwealth Fund, “More than 5.7 million small-business employees or self-employed workers are enrolled in the ACA marketplaces; more than half of all ACA marketplace enrollees are small-business owners, self-employed individuals, or small-business employees.” In 2017 Barrett wrote that she disagreed with Chief Justice John Roberts’ decision to uphold the ACA, and if she’s confirmed before the election it’s likely she’ll have a say in the case.

It’s widely understood that the current Supreme Court is “pro-business.” But this traditionally translates to pro-corporate business, and according to an analysis done by Rocket Lawyer, Barrett is set to become the court’s most “pro-business” justice. The analysis looked at Supreme Court opinions from 2018 to now, “in cases where business interests are in conflict with consumer, employee, or other non-corporate interests.” Then, Rocket Lawyer looked at Barrett’s opinions on the Seventh Court of Appeals during the same period and found

…

4 Indian Entrepreneurs Who Embraced Technology In Their Business Models

Posted on by [email protected]_84


4 min read

Opinions expressed by Entrepreneur contributors are their own.


You’re reading Entrepreneur India, an international franchise of Entrepreneur Media.

Without a doubt, one of the most exciting technological innovations this decade has seen is the evolution of blockchain. Since its inception, it has revolutionized digital commerce, technology and brought about the possibility of near-instant financial transactions. The global economic model is undergoing a huge transformation and being one of the frontrunners in technology, the Indian entrepreneurship industry is adapting blockchain technology. Here are four entrepreneurs from India who are leveraging the power of blockchain.

Sandeep Nailwal, Co-Founder and COO of Matic Networks

Nailwal co-founded Matic Network in 2018 and worked with his team to make it a global leader in blockchain space with a $200 million market cap. Today, Matic Network is one of the fastest growing DApps (decentralized applications) platforms enabling tonnes of applications utilization of blockchains in their business models and creating community-centric businesses.

Coming from a top B-School in India, Nailwal has been involved in multiple ventures ranging from health and fitness, retail e-commerce to productized B2B services. This has given him a breadth of experience which has been instrumental in the success of his efforts. He has been working with various government institutions (especially in India), helping them utilize blockchain technology in a way that creates a more corruption-free, transparent, efficient and inclusive environment for our billion-people strong country. He, along with the Matic Network team, are widely regarded as the ones who have fuelled the Indian blockchain developer ecosystem to its current heights due to continuous efforts in building the blockchain development community in India with hackathons, developer grants, mentorship, investments, etc.

Matic is a leading layer-2 scaling solution for Ethereum. It aims to provide mass adoption ready infrastructure to

…

How Amazon Prime Day helps entrepreneurs build million-dollar businesses

Posted on by [email protected]_84

  • Amazon Prime Day on Oct. 13 and Oct. 14 will offer thousands of small businesses opportunities to quickly scale customer awareness and revenue.
  • Currently, more than 500,000 small and medium-sized businesses in the U.S. sell on Amazon, and the company’s goal is to onboard an additional 100,000 vendors as new sellers to its store.
  • The online event has helped companies like Furbo that makes a dog camera clinch strategic partnerships and make millions of dollars in online sales.





© Provided by CNBC


Come Oct. 13 and 14, Amazon’s annual two-day members-only online sales extravaganza Prime Day will bring customers over one million deals on myriad products in popular categories including home accessories, toys, and electronics. But in addition to providing shoppers with steep savings starting at midnight PST on Tuesday, the popular sales promotion will also offer thousands of small businesses opportunities to quickly scale customer awareness and revenue.

Loading...

Load Error

Currently, more than 500,000 small and medium-sized businesses in the U.S. sell on Amazon, and the company’s goal is to onboard an additional 100,000 vendors as new sellers to its store. Despite the ongoing pandemic, third-party sellers continue to crowd its virtual aisles, and presently account for over half of all units sold via the online retailer. In the 12-month period ending in May alone, American SMB sellers sold more than 3.4 billion products, up from 2.7 billion year-over-year, and averaged $160,000 in sales, up from approximately $100,000 a year prior.

“Prime Day offers small businesses added exposure to millions of shoppers globally,” explains Maggie Cheung, co-founder of breakout hit home electronics device the Furbo Dog Camera. The five year-old company has been an Amazon seller since October 2016 and first began participating in Prime Day in 2017. “Our first year, we were given the spotlight deal … it

…

Entrepreneurs who are resetting amid COVID-19

Posted on by [email protected]_84

While we have yet to see the full impact of the coronavirus pandemic, we have begun to witness its severe impact on our global economy.

RELATED: A ‘full-blown she-cession’: How COVID-19 is economically hurting women, minorities the most

Businesswomen, specifically businesswomen of color, have been disproportionately affected. Consequently, they’ve been forced to adapt to the continuously changing tides. Here are six entrepreneurs’ inspirational stories of how they are doing just that.

Karen Cahn, founder & CEO of IFundWomen

Courtesy of Karen Cahn.

Karen Cahn is a pioneer in tech and media, having spent much of her career at leading corporations, including Google, YouTube and AOL. After leaving AOL in 2014, Cahn and her team at VProud Labs — a women-focused video company she founded— wanted to raise money for a passion project they were working on. Initially they launched a Kickstarter campaign but, when fundraising wasn’t taking off, Cahn began reaching out to friends and acquaintances to meet the campaign’s goal.

That experience led Cahn to realize the majority of crowdfunding platforms were unapproachable for women and people of color. This light bulb moment inspired Cahn and her co-founders to launch their own crowdfunding platform, IFundWomen, with the goal to drive funding towards female entrepreneurs and close the gender funding gap in venture capital.

When COVID-19 shut down brick-and-mortar businesses nationwide, iFundWomen began a relief fund, providing microgrants to women-owned businesses impacted by this crisis. As small businesses and start-ups struggle to find their footing during the pandemic, iFundWomen’s mission statement is especially relevant: to equip women with the confidence, knowledge, and funding they need to bring their visions to life.

We started IFundWomen because there was no access to immediate capital, expert coaching, and critical connections to help women entrepreneurs launch and grow profitable businesses. During the pandemic, IFundWomen

…

6 steps for entrepreneurs to acquire more customers on social media

Posted on by [email protected]_84

  • Susie Moore is life coach and advice columnist who’s been featured on Good Morning America, Oprah.com, and The Wall Street Journal. She helps entrepreneurs get hired by getting into the media. Sign up for her free workshop on how to get publicity for your business right here.
  • When used effectively, social media can be a powerful tool to access and sell to audiences instantly.
  • Moore shared six tips on leveraging and revamping your social media profiles to better connect with customers.
  • Start by reviewing all of your profiles. From there, you can tweak and update your profiles based on customer feedback and personal review. 
  • Don’t shy away from consistently engaging with your customers in meaningful ways — respond to comments, share screenshots of testimonials, and create a schedule you stick to.
  • Visit Business Insider’s homepage for more stories.

As a business coach, it’s incredible to observe the opportunity that social media provides businesses of all sizes to access and sell to audiences on demand. 

My dermatologist Leslie Rohaidy fills up her practice debunking skincare myths on Instagram. And another friend, Tracy Campoli, a YouTube star, welcomes new members to her fitness community every week through her short, effective YouTube videos. I’ve also sold thousands of units of my books using Instagram and doing time-bound giveaways (whilst simultaneously spending my own money on hydrating under-eye patches and swimwear after observing influencers singing their praises on Instagram). This stuff works!

Social selling is real. Even better, it’s free to do. 

Here are some simple (but easily overlooked!) tips to move more of whatever you’re selling using your social platforms:

1. Refresh 

Log out of everything. Review all of your profiles from a prospect’s or customer’s point of view. 

Do they present you in the best and most concise way? Is it clear

…