Stars of the Business World Were Out at the Inc. 5000 Vision Conference

A host of celebrity entrepreneurs came out at the Inc. 5000 Vision Conference on Wednesday. The day’s sessions featured insights from a Shark, a tennis legend, and a DTC pioneer, among many others. Here are a few of the highlights.

1. In a Main Stage interview, Maria Sharapova admitted that when she co-founded high-end candy business Sugarpova in 2012, she had no idea what she was getting into. Now, the five-time Grand Slam singles winner–who retired from professional tennis in February–runs her company full-time, and has drawn lessons from her athletic career to become an effective CEO. For example: Her ability to lead a team, she said, came directly from her years of working through high-pressure situations with coaches, trainers, and support staff–and learning to prioritize balanced schedules and frequent off-days to avoid burnout. “Don’t overdo it,” she said. “I know that’s one of those suggestions that seems so difficult

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Concerns, Costs, and Caution: How Can We Safely Reopen UK Universities?

For both university staff and prospective students, the future looks daunting. Universities across the UK are still going through a period of transition, adapting to the ‘new normal’ and negotiating the most safe and productive ways to reopen their establishments in the autumn. Recently, many British universities have admitted severe funding concerns, with some being criticised for their over-reliance on fees from international students and many at risk of going bust.

The concerns

It’s a difficult time for everyone, and as much as been left to the discretion of individual universities, meaning there have been some huge decisions to make. Despite a number of universities, such as Cambridge, committing to a full year of online teaching, one UK-wide survey revealed that 97 per cent of universities would in fact offer face-to-face teaching from the start of term this year. The same survey also revealed that 78 universities (87 per Read more

Bitcoin Price Prediction: BTC/USD Attempts to Jump the Final Hurdle, Further Upside Is Imminent

Bitcoin (BTC) Price Prediction – October 20, 2020
Yesterday, Bitcoin bulls pushed BTC to $11,800 high but were resisted. Today, the bulls break the $11,800 resistance and retested the $12,000 overhead resistance. The retest at the $12000 overhead resistance has made BTC to retrace. Bitcoin has earlier made an initial downward move.

Resistance Levels: $10,000, $11,000, $12,000
Support Levels: $7,000, $6,000, $5,000

BTC/USD – Daily Chart

Following the retest at the $12, 0000 overhead resistance, BTC/USD has fallen and resumed a downward move. It is currently fluctuating between $11,600 and $12,000 as price tests the resistance zone. On the upside, if the BTC clears the $11,700 to $12,000 resistance zone, the king coin will make a strong move to the $15,000 price levels.

Earlier on the upward move has been made possible because of the holding of the three support zones of $11,100, $11,200, and $11,300 price levels. … Read more

Lessons From the Inc. 5000 Conference: How to Run a Business During the Pandemic

The second day of the 2020 Inc. 5000 Vision Conference was designated as a Day of Service, benefiting members of the nonprofit Network for Teaching Entrepreneurship (NFTE) and Inc.’s Military Entrepreneurs Program. Among other virtual events, during the morning attendees were able to receive one-on-one mentoring from Inc. 5000 CEOs. The afternoon session included more networking opportunities, as well as a host of big-name speakers. Here are some highlights.  

1. Tuesday’s Day of Service kicked off with remarks from Phyllis Newhouse, the founder  of Inc. 5000 cybersecurity firm Xtreme Solutions and nonprofit leadership network ShoulderUp, and a U.S. Army veteran. Newhouse encouraged the audience of entrepreneurs to stay determined and disciplined, and to choose one thing to focus on each day. “You have to ask yourself as an entrepreneur on this journey, ‘What’s my rock for today?'” Newhouse said. “Will it be a connection, will it be

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8 Effective Employee Retention Strategies

Hiring top talent is only the start to creating an outstanding workforce. The next step — and just as vital — is keeping them around. Let’s dive into employee retention: your company’s ability to maintain a work environment that supports staff in remaining with you.

Employee turnover is often a symptom of deeper unresolved issues, such as low employee morale, unclear career development options, lack of recognition, or poor employee-manager relationships. In addition to lost productivity, employee exits also hurt your bottom line.

One analysis found that businesses spend about one-fifth of an employee’s annual salary to replace that worker. Costs come in the form of recruiting and training, as well as institutional knowledge.

Ready for new ways to keep strong employees with your company? Below we’ll explore specific strategies for creating a better work culture in which your people want to stay and grow.

Strategies for employee retention

By … Read more