Former professional football player David Garrard opened three Retro Fitness locations after leaving the NFL, and Jameel McClain, another former player, is invested in the same business. They discuss the importance of having a game plan and being realistic about the areas in which you excel.
In order to make data from several areas readily available, companies must break their implementation framework into tool sets, data sets, skill sets and mindsets, writes Michael Garcia. Consider integrating data between all tools to break down data silos and providing the training all employees need to make better use of data platforms, Garcia writes.
Top performers are likely to suffer from burnout because of their intense focus on the most difficult tasks and managers' tendencies to ask them to take on additional work or to compensate for the performance of other team members. Managers can address this by creating pairs between high-performance workers and by carefully monitoring the extra demands for their time, writes Matt Plummer.
Product-led advertising on e-commerce sites is a growing method of digital marketing because of its positive effects on brand awareness and on competitive positioning, writes Oren Stern. Companies have increased their chances of success by using product-centric marketing automation software to take advantage of data-driven insights made available by third-party data providers and Amazon Retail Analytics Premium.
President Donald Trump's tariffs could undermine the gains made from recent tax cuts and lead the US into a recession, according to economists, business leaders and other experts. "For the first time, we are hearing about decisions to postpone investment, postpone hiring, postpone making decisions," said Federal Reserve Chairman Jerome Powell.
Growing a business can be both exciting and challenging, with many obstacles and opportunities along the way. Mike Kappel examines some basic do's and don'ts, beginning with doing research and establishing goals that are specific and measurable.
Mid-City Supply dates back to 1947, when Sam New and Mel Cohn opened a plumbing store in Elkhart, Ind. Current President Jeff New reflects on how the company has grown through the years and discusses the pros and cons of running a family business.
The Federal Reserve announced an interest rate hike this month, and more increases are likely on the way. Biz2Credit CEO Rohit Arora explores the implications for business and consumers and suggests that businesses that need to borrow should apply now.
Jacqueline and Joseph Gathers bought a Pillar To Post Home Inspectors franchise in 2017, and Jacqueline decided to continue with the business after her husband passed away from cancer shortly afterward. "This franchise is part of my husband's legacy that I will continue in his memory," she said.
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