BusinessofBusiness

05/08/2023

Wefranch is now sharing business content on instagram https://instagram.com/wefranch_

10/03/2022

Covid almost killed gyms — SweatCycle founder Mimi Benz explains why they need $30 billion to come back.
With so many other industries, like theaters, restaurants and bars receiving specialized Covid relief funds, gym owners are looking for help, too. The Global Health & Fitness Association, an industry group for gyms, has been pushing for a federal aid package. The GYMS Act, a bipartisan bill under consideration in Congress, would dedicate $30 billion to affected businesses.

Mimi Benz, a certified Pilates and cycling instructor, and founder of the Los Angeles-based Sweat Cycle, is one person who has been advocating for the bill. Although her business is hanging on, she’s faced considerable challenges as she has tried to stay on top of public health concerns in the pandemic.

Biz news!!!

Watch the interview by Joel Lindenfeld ➡️LINK IN BIO (https://www.youtube.com/watch?v=gFGLdpcwTEg).

🔴Suscribe to our Youtube Channel for daily business trends, news and insights.

Save Our Gyms - The Fitness Industry In Times Of Covid ⤵ SIGN THE PETITION HERE! ⤵https://ihrsa.quorum.us/campaign/gymsactsenators/?utm_source=email&utm_med...

04/03/2022

New community BFF is working to create a forum for the crypto-curious to learn more.

There’s a new community emerging for the crypto-curious, and its founding members include Gwyneth Paltrow, Tyra Banks, Mila Kunis, Jennifer Hyman and other high-profile entrepreneurs, designers, investors and artists. Known as BFF, the group currently has nearly 50 women and non-binary people, some who are deep into crypto and some who have only dipped in a toe – but they all want to spread their knowledge.

👀 Take a closer look at the list by going to The Business of Business site: https://bit.ly/3IL74e4

***r

03/03/2022

In The Business of Business series we're shining a spotlight on innovators who achieved major success after age 50.

Next up: 10 professionals who broke boundaries in the tech and software fields.

Get inspired by these industry leaders over 50: https://lnkd.in/du-3jyjy

Joseph Lubin
Aicha Evans
Camilla Olson
Maha Achour
Bob Parsons
Jennifer Doudna
Paul English
Mike Novogratz

01/03/2022

😴 Tired of "30 under 30" lists? We've got you covered. Here's the start of The Business of Business 50 over 50, celebrating individuals who accomplished big things later in life. These 10 e-commerce trailblazers have definitely left their mark.

👀 Take a closer look at the list by going to The Business of Business site: https://www.businessofbusiness.com/articles/50-over-50-e-commerce/

By: Christie Smythe & Dawit Habtemariam

25/02/2022

🎥 Take a look at Cody Ko talking about his experience getting started as a content creator, how he and Noel Miller are starting to treat Tiny Meat Gang like a business.

🔝Cody Ko's had a storied career. After selling an app right out of college, he traveled the world and became a star on Vine. From there, he balanced a full-time engineering job and content creation.
💪🏽 Now, he's one of YouTube's biggest stars with the wildly popular "Tiny Meat Gang" podcast and millions of subscribers across multiple platforms.

Watch the full interview at our Youtube Channel https://www.youtube.com/watch?v=2BzcTasDTwc
Story by: Danny Kons.

23/02/2022

What about this story? 💡🚀 Tito's Handmade Vodka

Tito's Vodka was founded in 1997. His license for a micro distillery was the first issued in the United States since Prohibition.

In 1993, there wasn't a single distiller in the state of Texas. Bert "Tito" Beveridge, his real name, was inspired to launch Tito's Handmade Vodka after a late-night infomercial.

The company is now the best-selling vodka in the U.S., and the second-best-selling distilled spirit. Sales of Tito's have almost doubled in the last five years. Though the company’s financials are not public, it’s been reported that Tito’s sells more than 10.35 million cases a year, has an estimated revenue of $1.4 billion dollars, and has made Beveridge a billionaire many times over. The company is said to have a valuation of $2.5 billion. 🍸💰
For more on this story by Amy Lamare come on over The Business of Business YouTube: https://www.youtube.com/watch?v=Rf06YubDjz0

22/02/2022

So the experts say that "Revolution doesn't happen when society adopts new technology, it happens when society adopts new behaviors", and Apple just announced that shops will be able to accept contactless payments using an iPhone. So is this new tech or new social behavior at this point?

Insights overview:
❗️In 2020, the global market for self-checkout systems was valued at $3.1 billion, and by 2026, it is predicted to nearly double to $5.9 billion.
❗️Contactless checkouts are expected to rise in popularity in 2022, according to the Forrester analyst organization.
❗️Self- checkout is becoming more popular as a way to make in-store shopping as quick and convenient as buying anything online.
❗️The clothing tags have a dual purpose: they provide security while also allowing customers to scan and make transactions.
❗️Consumers are increasingly opting for hybrid shopping, which involves ordering things online and picking them up afterwards.
❗️Smartshelf, Skip, Mishipay, AiFi, and Signpost are some of the IT companies that are assisting businesses in getting on board.-Scandit is collaborating with retailers such as Levi's, Aldo, and Sephora to offer self- service checkouts via mobile devices.
❗️Customers can scan purchases and check out through smartphone app, eliminating the need to wait in lines (on average, this takes a total of 12 seconds).
🧐 Discover all about this new implementation for purchases here: https://www.youtube.com/watch?v=tHSb-G_z-qI

19/02/2022

💡 Here's what's new on “Bootstrapping”, the series where we spotlight inspiring founders and CEO’s that have grown their business from nothing to become industry leaders. This is Nick Woodman, AKA . ⁠
How about this fact: This guy lost 75% of his net worth, but still is worth $300 million! 💲💲💲⁠
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💥"Don't focus on failure, focus on the attempt": a lesson we all can relate to, right? ⁠
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Don’t miss this inspiring story! ⁠
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👉🏿 Suscribe to our Youtube channel The Business of Business to see the whole video and so much more interesting bootstrapping stories: https://www.youtube.com/watch?v=4m8wXAYnsFw
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This BOOTSTRAPPER Founded GoPro?! How To Bootstrap A StartupBy spotlighting these leaders we learn to find motivation in everyday situations, even in our uni...

18/06/2021

At the heart of the potential NFT bubble is a question: What constitutes a bubble, and how do we know if we're in one?

https://www.businessofbusiness.com/articles/nfts-bubble-robert-schiller-bloomberg-data-protos-fad-epidemic-larva-lab-meebits-artnet/

At the heart of the bubble kerfuffle is a question of the language and data: What constitutes a bubble, and how do we know if we were even in one?

14/06/2021

How much would you pay for a space ride with Jeff Bezos? One donor paid $30 million. https://www.businessofbusiness.com/articles/anonymous-donor-30-million-bezos-space-flight/

09/06/2021

Founder Jack Butcher spoke about the story behind Visualize Value, where it's going next, and what he learned from his journey.

https://www.businessofbusiness.com/videos/jack-butcher-visualize-value-interview/

Jack Butcher, founder of entrepreneurship course maker Visualize Value, spoke about how he grew his company and the lessons he learned along the way.

09/06/2021

Roy Mann, the CEO of productivity company
monday.com, will be worth an estimated $789 million when the company debuts this week.
https://www.businessofbusiness.com/articles/monday-ipo-CEO-roy-mann-no-code/

Monday.com is set to IPO Thursday, the latest in a string of hotly anticipated public offerings by internet productivity companies like Squarespace. The company’s stock will appear on the NASDAQ under the ticker symbol MNDY and will debut at an average price of $132.5 per share, making CEO Roy...

08/06/2021

El Salvador's Bitcoin announcement and partnership with Strike is a sign of the growing global power of crypto holders and companies. https://www.businessofbusiness.com/articles/what-is-strike-El-Salvador-bitcoin-announcement/

Nayib Bukele, President of El Salvador, announced Monday that he would present legislation next week to make Bitcoin a legally accepted tender in the country. If passed, the bill would make El Salvador the first nation to accept a cryptocurrency as a legal tender.

07/06/2021

Just shy of its first anniversary, Joe Pompliano has turned Huddle Up into a newsletter worth six figures. His story makes one thing very clear: that the line between "creator" and "entrepreneur" is thin, if it exists at all. https://www.businessofbusiness.com/videos/in-less-than-a-year-joe-pompliano-has-turned-huddle-up-into-a-six-figure-newsletter/

Joe Pompliano is the writer behind Huddle Up, a daily newsletter demystifying the business behind sports. In less than a year, he's managed to build the newsletter into a six figure product.

07/06/2021

The new space race isn't between countries — it's between billionaires. Jeff Bezos is going to space, and Elon Musk and Richard Branson might not be far behind.
https://www.businessofbusiness.com/articles/Jeff-Bezos-Blue-Origin-billionaire-space-race/

Bezos announced Monday that he will take part in Blue Origin's first human voyage in July, amping up the competition between itself, SpaceX and Virgin Galactic.

26/05/2021

There's one thing every journalist fears more than anything: getting a bad score from Room Rater.

We spoke to Claude Taylor, the former Clinton Staffer critiquing bedrooms worldwide.

https://www.businessofbusiness.com/videos/room-rater-twitter-claude-taylor/

Room Rater, under the handle , pokes gentle fun at the backgrounds of video interviews. Claude Taylor explained more about what it’s been like to judge people’s rooms, and what the post-COVID future loos like for Room Rater.

24/05/2021

Buying the dip isn't the only way to make it big off the crash. https://www.businessofbusiness.com/articles/crypto-is-crashing-heres-how-to-bet-against-it/

The last year has seen the consensus of cryptocurrency shift from money of the future to investment opportunity — another asset to add to your portfolio and bet on like a stock. 

05/05/2021

Emojis aren't just for texts anymore. A project called Yat is using them as crypto links and they're selling for hundreds of thousands of dollars.

https://www.businessofbusiness.com/articles/crypto-naming-emojis-yat-project-blockchain-NFT-wallet/

Yat is a project that that is aiming to make emojis even more prevalent in how things are named online, starting with crypto.

04/05/2021

The court battle to is underway, and it's not going to be pretty. https://www.businessofbusiness.com/articles/epic-apple-freefortnite-battle-is-going-to-be-ugly/

The fated court battle between Epic Games and Apple over the removal of Fortnite from the App Store is finally here and almost immediately fell into chaos.

03/05/2021

Glossier sold an aesthetic that reshaped the beauty industry, but has its influence peaked? Data shows people have been unfollowing the brand on Instagram since last year.

https://www.businessofbusiness.com/articles/history-of-glossier-dtc-beauty-makeup/

Some of the most dominant beauty trends of the 2010s first appeared on Glossier’s Instagram grid. The brand forever altered the meaning of millennial pink, e-commerce, and what a makeup company could be to both investors and to customers, who looked to Glossier not just for products, but an entire...

03/05/2021

Rent is about to get a lot more expensive in New York.

https://www.businessofbusiness.com/articles/nyc-rent-is-about-to-go-back-up/

If you've been thinking about moving to New York City, it's time to pull the trigger. After a year of cheap rent, prices are up as much as 61% compared to last year in several New York City neighborhoods ranging from the most sought-after by young transplants like NoHo and Chelsea to those further a...

23/04/2021

23andMe is going public with help form Richard Branson. But can the company relight the fire under the DNA testing trend?

https://www.businessofbusiness.com/articles/23andme-ipo-spac-richard-branson/

Job listings went up after the billionaire investor’s S**C announced it was buying the startup, but the future looks uncertain.

22/04/2021

UiPath made its debut on Wednesday with shares priced at $65.50, in what became the third-largest software IPO in history.
https://www.businessofbusiness.com/articles/uipath-ipo-stock-market-daniel-dines/

Here’s a look at the software company’s history, how its product works, and its performance leading up to its public debut.

20/04/2021

Ari Jacob was the woman behind some of TikTok's biggest influencer houses before it all came crumbling down in scandal. Now, she's back on the rise with an app that she hopes will change the game. https://www.businessofbusiness.com/videos/exclusive-interview-how-ari-jacob-former-super-agent-to-tiktoks-biggest-stars-is-getting-over-being-canceled/

Most people could not have predicted the rise of TikTok as a launchpad for some of the world’s biggest influencers, such as Charli D’Amelio, a dancer now with over 100 million followers, or Addison Rae, a dancer and singer with nearly 80 million followers. But Ariadna Jacob did.

20/04/2021

Tencent is the company behind some of the world's most successful video games. Now, it's testing the waters of the console and peripherals markets.

https://www.businessofbusiness.com/articles/tencent-console-race-fortnite-epic-games/

Chances are, if you play one of several popular games on the market right now, Tencent is involved somehow. The list of Tencent properties is enormous, and thanks to the games industry boom brought on by COVID-19,  the Chinese conglomerate is rapidly becoming one of the most powerful companies....

14/04/2021

Coinbase arrives on the stock market today at an expected $100 billion valuation and after a blockbuster earnings report. But how did they get here, and how exactly does the company work? $COIN https://www.businessofbusiness.com/articles/coinbase-IPO-history-stock-market-bitcoin/

Coinbase’s direct listing could come as Bitcoin, and the company’s valuation, hit record highs.

12/04/2021

Future founder and CEO Rishi Mandal spoke about tackling America’s obesity problem by pairing users with a personal trainer.

The key to getting fit, he says, is accountability.

https://www.businessofbusiness.com/articles/future-fitness-app-rishi-mandal-interview/

Future founder and CEO Rishi Mandal spoke about tackling America’s obesity problem by pairing users with a remote personal trainer. I tried out the app and found that it's worth the high price tag.

07/04/2021

"It said a lot when cannabis companies and retailers were deemed essential businesses. That was a game changer for the industry."

Read our interview with cannabis industry CEO Vanessa Gabriel

https://www.businessofbusiness.com/videos/cannabis-industry-ceo-drop-delivery-interview-vanessa-gabriel/

Vanessa Gabriel is the CEO and co-founder of Drop Delivery, the first all-in-one delivery management solution for cannabis delivery retailers. We spoke to Gabriel about breaking into the cannabis industry, making her first million, and opportunities at the intersection of w**d and tech.