Acceler8Success Cafe Weekend Edition 4.27.19

Millennials Tried to Kill the American Mall, But Gen Z Might Save It

Gen Z keeps confounding Corporate America. They’ve shunned beer, they want companies to take political stands and they trust Kardashians to make their makeup choices. But perhaps the biggest surprise about this new cohort of teenagers is the most unexpected of all: They love the shopping mall. Around 95 percent of them visited a physical shopping center in a three-month period in 2018, as opposed to just 75 percent of millennials and 58 percent of Gen X, according to an International Council of Shopping Centers study. And they genuinely like it; three-quarters of them said going to a brick-and-mortar store was a better experience than online, ICSC found.

Nimble retailers are making their stores more Instagram-worthy in a bid to appeal to this connected crowd. About a third of Gen Z consumers say shopping should also be entertaining, according to data from Cassandra, a cultural insights and strategy agency. With these Gen Z shoppers in mind, old-guard department store Macy’s Inc. earlier this month rolled out in 36 of its locations “Story,” a colorful themed shop-in-shop. In its behemoth Herald Square store, the 7,500-square-foot space is brightly painted with primary colors, a pillar completely made of Crayola crayons, a pingpong table and a rainbow tunnel. Read more.

Acceler8Success Cafe Monday 4.22.19

Acceler8Success Cafe Tuesday 4.23.19

Acceler8Success Cafe Wednesday 4.24.19

Acceler8Success Cafe Thursday 4.25.19

Acceler8Success Cafe Friday 4.26.19

Benefiting From the Relationship Between Franchise Consultant and Franchisor

This week on Franchising & You, newly appointed president of the International Franchise Professionals Group, Red Boswell is our guest. Based upon his insight from his experience working with third-party sellers, Red shares his perspective on how candidates can greatly benefit by understanding the value of the Franchisor / Franchise Consultant relationship. Red also provides input on the growing home-based sector of franchising and how the Franchise Consultant helps close the gap often filled by the candidate’s lack of personal experience with the brand.

Franchising & You airs every Saturday at 9:30 AM EDT / 8:30 AM CDT with each segment available on-demand. Listen here.

Benetrends FinancialSpadea Lignana & Retail Solutions

Acceler8Success Cafe Friday 4.26.19

This Is The Superpower Of Successful Entrepreneurs

Sleep is one of the most important investments you can make to succeed as an entrepreneur.

“Just when you need to be bursting with energy and busting stress to enable constructive, creative business thinking, lack of sleep instead reduces your ability to concentrate, calculate, think logically and remember.”
Harvard sleep expert
Dr. Charles Czeisler

Do you rely on that Grande Starbucks latte with an extra shot of espresso to get you going in the morning because you’re sleep deprived? If you do, you’re not alone. While sleep is a necessity, most of us aren’t getting enough of it. In fact, the Centers for Disease Control and Prevention (CDC) recently declared sleep disorders a public health epidemic. Research conducted by the CDC found that 23.2% of survey respondents (almost 50 million people) reported having problems concentrating during the day and 8.6% (18 million) said that sleep deficiency interfered with job performance.

The New York Times reported that 1.23 million days of work in the U.S. are lost each year due to chronic sleeplessness. Entrepreneurs are especially susceptible to sleep deprivation. In the early days, it’s tempting to stay up all night or sleep for a few hours at a time as you get your business up and running. Instead of benefiting your startup, this routine will backfire over time. Read more.

Kevin O’Leary: Here’s What Sets Entrepreneurs Apart From Employees

4 Ways to Prepare to Be an Entrepreneur Before You Actually Quit Your Job

Entrepreneurship – A Profession of Choice For Generation Y

Welcome to Franchising & You! If you’re interested in learning more about owning your own business and considering franchising as the path to business ownership, then this podcast is right for you. If your interest is in expanding your portfolio of businesses and franchises, then you’re in the right place. And, if you’re a current business owner exploring whether or not to franchise your business, then Franchising & You is right for you. Read more.

Can a Successful Entrepreneur Be an Inspiring and Thought Leader?

5 Incredibly Inspiring TED Talks Every Female Entrepreneur Should Watch

300 Investor Rejections And 1 Failed Startup Led This Entrepreneur To Build A $1 Billion Business

7 Words That Kill Every Entrepreneur’s Productivity. And Worse, They Sabotage Success

When you first started out in business you probably did everything yourself. It took patience, tenacity, and discipline. You should be proud of yourself for getting this far. 

Who has the time to teach someone else every little detail involved in getting these tasks done? It only takes a few minutes to knock them out yourself, teaching sucks up
so much more time.
It’s just easier to do it myself.

As time has passed and business has grown, you may have lost patience with the tedious tasks involved in running your business. This impatience, frustration, or whatever you would call it, is your brain telling you it’s time to step away from the busywork. It’s no longer your job to see to the minor details. Don’t ignore this message; to succeed you’ll need to hand off your non-entrepreneurial tasks. Read more.

Benetrends FinancialSpadea Lignana & Retail Solutions

Acceler8Success Cafe Thursday 4.25.19

Business Is A Growth Game – Here’s How To Win It

Stop reacting in your business. Declare that money leaks are no longer acceptable and get off the feast-or-famine roller coaster by taking action now.

“Many business owners want to skip the necessary foundational steps to get to the thrill of the flight, only to crash in the process.”

You’re smart. You set your sights on being in the top percentiles of all small business owners (the ones who actually make it). As a result, you’ve decided to grow as quickly as you can. On your growth journey, you’re acquiring clients, investing in equipment and technology, and building your team, but something insidious is happening behind the scenes.

You’ve completed your largest project yet, and the client’s payment hit your bank account. You log-in to mobile banking and stare at the screen. There is no money. Your heart sinks.

This was unexpected. Growing your business is growing you out of business—you are temporarily broke! Read more.

Before You Launch Your Business, Make Sure You Have a Safety Net. Here are 13.

The Five-Year Entrepreneurial Itch

The Top Worries of American Small Business Owners

10 Creative Marketing Ideas to Build Your Business

How to Create a Customer-Centric Culture for Your Business

Business Innovation: Here’s How 3 Entrepreneurs Broke Through Barriers to Thrive

Want to Launch a Business? Why You Should Consider Acquisition Entrepreneurship

After all these years, we haven’t found a way to engineer a better way to start up. Startups are burdened with pitfalls: a lack of customers, a lack of capital, and a lack of cash flow. Meanwhile, though old-economy businesses hold mature infrastructure, they have the things that today’s entrepreneurs struggle most to build from scratch. By buying an existing small business and building upon it, entrepreneurs get instant access to everything they need to be successful. From there, they can mold their companies to fit their style. It’s a smarter way to start.

Further, the capital to buy an existing company is so much easier to come by because activity is booming. According to a Deloitte survey, almost a third of corporate and private equity respondents predict a jump in mergers and acquisitions, up from about a quarter last year. Buying an existing company is like buying a home, with banks standing by ready to help. But unlike buying a home, an acquired business pays off the loan with its cash flow, making it an ideal platform to build from. Read more.

Benetrends FinancialSpadea Lignana & Retail Solutions