As a leader, your board of directors is one of your most important and strategic partners. Your company’s success depends on the effectiveness of your board. Your board can help you course-correct, identify opportunities to expand your reach, fundraise, especially if you’re a not-for-profit entity, manage risk, and build the company’s brand...
Uber's valuation is approaching the level of General Motors and Ford combined, but still has a long way to go to catch Amazon CEO Jeff Bezos' net worth...
The sobering testimony of chief U.S. Trade Representative Robert Lighthizer before the House Ways and Means Committee today left investors cold.
On the U.S.-China trade negotiations, Lighthizer said that much still needed to be done before an agreement between the world's two biggest economies could be reached. He also said much more would need to be done after any deal was signed...
Telstra (not to be confused with Tesla) CFO Robyn Denholm has been named to the position.
As part of his settlement with the SEC over tweets about taking Tesla private, Elon Musk agreed to step down from his post as chairman of the board of directors. Now, while he's still CEO and retains his seat on the board, Tesla has announced his replacement: Robyn Denholm...
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Here are three things entrepreneurs should know today:
1. Apple is nearing a $1 trillion market cap. It would be the first U.S. company to ever cross that threshold.
2. A federal judge ordered a temporary restraining order on one group’s plan to publish blueprints for 3D printed guns online. But before the order, about 1,000 people had already downloaded blueprints for the AR-15 assault rifle...
In some states, the average man makes $15,000 more than the average women.
Today is this year’s Equal Pay Day, which represents the amount of extra time the average woman would have to work full time -- 100 days -- to make the same amount of money the average man made in the previous calendar year.
Women tend to bootstrap to avoid raising debt. Men tend to raise money however they can and bootstrap to make it go further.
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Men and women run their businesses in very different ways. The differences in their styles of starting and growing their businesses show up right from the word "go," according to Women Business Owners’ Access To Capital Literature Review, a new study by the Federal Research Division, Library of Congress under an Interagency Agreement with the National Women’s Business Council.
According to research conducted by economist Alicia Robb, founder ...
With the passage of President Donald Trump’s tax plan, family-business entrepreneurs seem to be getting a big bump in social investment and corporate growth. Given that 80 to 90 percent of U.S. businesses are family-owned and that such companies contribute 64 percent of the GDP, according to Kennesaw State University research, the administration has taken a hardline stance in highlighting those businesses’ economic and cultural value.
Have you ever wondered how much money companies such as Alphabet and Amazon actually make per second? Clarendon London has created a virtual calculator that answers this question, letting you compare industry giants with your own salary, second by second...
When entrepreneurs seek counsel on developing their business -- whether the goal is to accelerate growth, add new capabilities, provide governance or improve profitability -- I frequently offer the same advice: Consider the make-up of your board.
Business owners are responsibility rich and time poor, so it’s no surprise that creating, maintaining or engaging a board of directors may not be a high priority for private companies, particularly when it is not required...
Failing to prioritize diversity leads to disastrous consequences. Take the recent influx of sexism and discrimination claims at Uber, for example.
Related: What Does Uber Need to Do to Fix Its Battered Reputation?
After multiple former employees came forward to claim that their harassment at work was being mishandled by human resources, a number of the company’s top executives stepped down, including, most recently, Uber’s president Jeff Jones...
Women in Tech 21 Silicon Valley Women Who Are More Qualified to Be on Your Board Than Mark Cuban In the search for disruptive technologies and new ways to approach the same business issues, women are proving to be game-changers here in the Valley. Image credit: Shutterstock.com --- Shares March 7, 2017 Silicon Valley is no longer the domain of men because some of the best minds in tech are proving to be those of the female persuasion...
As the saying goes, you have to spend money to make money. But any smart business owner knows when and where to cut down on costs and still make that statement true.
Certainly, there are certain aspects of your business plan that you can’t and shouldn’t skimp out on if you want to be successful. One of the major must-haves for a business is a financial consultancy service. Otherwise, how will you know where you can and should cut down on those costs?
Articles about finance abound; and most of them contain a wealth of wisdom. Unfortunately, though, few deal honestly with money mistakes businesses make at the enterprise level. And, ironically, that's exactly where the stakes are highest and the blunders most catastrophic.
Related: 6 Financial Mistakes Small Businesses Make All the Time
Economic recession has always been an unwanted guest in the business environment. It sneaks up on you with no warning, and you can never know when it’ll pack its bags and leave. A recession is the time when profits take a nose dive, millions lose their jobs and the prices of products and services soar ...
Entrepreneurs seeking funding for their startups now have another place to go: Indiegogo. “Wait,” you may say, “can't I already use the crowdfunding platform to raise money for my dream product?” That's right, but today Indiegogo launched an equity crowdfunding service, which utilizes new government rules that took effect in May and allow anyone to invest in startups. Previously, only accredited investors who met certain financial requirements were eligible to back businesses in this manner ...
Ten years ago, only a handful of Fortune 500 companies issued sustainability reports. Now, a large number of businesses -- large and small -- have integrated corporate social responsibility as part of their daily business routines. Today, more consumers than ever are demanding that companies change their practices, become more transparent and communicative and take a more hands-on approach to making the world a better place ...
BODs exist to represent the interest of all shareholders. If you maintain 51 percent of your company’s equity, then the board actually answers to you. If you took venture capital, diluted shares or even went public, then odds are you report to the BOD. The shareholder always is the boss. The BOD serves as the shareholders' representative and has authority to execute their will, which could include replacing you....
Entrepreneurs who want to take their business to the next level may eventually come to the conclusion that they need a board of directors. But what does it take to form an effective one?
Julie Garland McLellan, a leading governance consultant and the author of the new book Dilemmas, Dilemmas II, is happy to show entrepreneurs how to do just that. The boardroom authority has lots of experience, having spent a lifetime resolving conflict in the boardroom and examining different modes of raising capital.....
6 Steps Young Entrepreneurs Can Take To Join a Corporate Board Today's Most Read Learn More June 2, 2016 Apply now to be an Enterpreneur360™ company and let us tell the world your success story. Get Started » It is an unfortunate phenomenon, but I have seen many young business leaders and entrepreneurs shy away from opportunities to join boards simply due to intimidation and fear. These individuals do not feel as though they have the experience or professional prestige needed to serve.....
Cam Newton gives a lesson in how leaders shouldn't behave when things don't go their way...
Spirit Airlines on Tuesday named board member Robert Fornaro as chief executive officer, sending its shares up nearly 7 percent. Investors welcomed the appointment of the former AirTran Holdings Inc CEO as a new start for Spirit, a U.S. carrier that has grown rapidly in the past five years ...
The rule is designed to prevent large financial firms from becoming so big that their failure could shake the core of the U.S. financial market...
Women everywhere are “leaning in,” yet larger cultural and institutional changes would help narrow the gender gap...