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Repeat customers, raving fans, angry backlashers, commodity shoppers. Wow, what a range of loyalty these represent. And in your years, you may have experienced all of these. First, negative kinds of loyalty: Here’s another way to look at the ladder to an ideal customer loyalty relationship. But first, let’s examine the three kinds of loyalty you don’t want to engender….
As an entrepreneur, it’s never too early to set the culture you need for a thriving business, as well as thriving employees, customers, partners, and vendors. In fact, in my experience, cultures are very hard to change, so if you don’t get it right the first time, the road ahead will forever be difficult. “The Art of War” culture as an analogy for business doesn’t always work anymore.
San Diego-based renewable energy developer EDF Renewables North America said on Wednesday that the company has closed on a strategic investment, where Munich Re will acquire a 50 percent stage in two, renewable energy projects in California. According to the company, the projects include a total of 310 megawatts (MWdc) of solar and 50 MW / 200 MWh of battery storage.
Mojave-based Virgin Orbit is getting set for its first launch in the United Kingdom, and has just obtained the required licenses from the UK for that effort. Acording to the UK Civil Aviation Authority, Virgin Orbit has "has taken all reasonable steps to ensure safety risks arising from launch activities are as low as reasonably practicable." Virgin Orbit's space launch system is based suspending a rocket on a modified 747.
Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.
According to a report from Mashable, users of Los Angeles-based dating-and-hookup-app Tinder are using the new, artificial intelligence (AI) software, ChatGPT, to.
As a startup advisor, I see many aspiring entrepreneurs whose primary motivation seems to be to work part time, or get rich quick, or avoid anyone else telling them what to do. Let me assure you, from personal experience, and from helping many successful as well as struggling entrepreneurs, that starting a business is hard work, and doesn’t come with any of the benefits mentioned.
Many new entrepreneurs are so excited by their latest idea that they can’t resist contacting every investor they know, assuming the investor will be equally excited and want to contribute immediately. Others will work hard on a business plan, and then mail it indiscriminately to every potential investor they can find on the Internet. Both of these approaches are a waste of your time and theirs.
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Many new entrepreneurs are so excited by their latest idea that they can’t resist contacting every investor they know, assuming the investor will be equally excited and want to contribute immediately. Others will work hard on a business plan, and then mail it indiscriminately to every potential investor they can find on the Internet. Both of these approaches are a waste of your time and theirs.
Every entrepreneur thinks he can relax a bit after his business model is proven, funding is in place, and revenues are scaling as projected up that hockey-stick curve. Unfortunately, the market is changing so fast these days that any upward climb can level off quickly, as the core business growth begins to stall. This S-Curve, with no correction, can quickly lead to disaster.
In business, you need positive relationships with others to do your job, further your career, and manage your business. Being a “lone ranger” won’t get you there, no matter how hard you work. In my experience as a mentor and advisor, I find that many of you expect these relationships will just happen , without any overt effort on your part. Nothing could be further from the truth.
San Diego-based self-driving truck technology developer TuSimple confirmed on Wednesday that the company is cutting 25 percent of its workforce, or approximately 350 people, as part of a restructuring effort at the company. The move comes as the company ended its deal with Navistar to build autonomous semis, a management shakeup, and other issues at the company.
Doorbell cameras built by Los Angeles-based Ring, now part of Amazon, were used in a spree of swatting attacks, where two men placed hoax calls to police departments--and used compromised, Ring cameras to taunt police. According to reports, the swatting occurred the week of November 7, 2020, after two alleged swatters compromised the Yahoo Mail accounts of the owners of 12 Ring cameras.
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