According to Forbes.com, on November 29th alone, customers on Amazon.com ordered more than 13.7 million items, at a rate of 158 items per second. That was just one day of sales!
That leads us to two conclusions: 1) Amazon.com is a much bigger player in the online retail industry than we all thought, and 2) if you aren't using your web site as a sales tool - now, more than ever, is the time to starting doing so.
Monday, December 27, 2010
What To Do...When You Don't Know What To Do
While starting a new business or expanding an existing one, you may reach a fork in the road - that is, a point where you simply don't know what to do next. You may even feel that your next step will either be a breakdown or a breakthrough.
You have an end-goal in mind, but you simply don't know the next step to get there. Or maybe you do know the next step, but you are clueless on how to proceed in that direction.
You have an end-goal in mind, but you simply don't know the next step to get there. Or maybe you do know the next step, but you are clueless on how to proceed in that direction.
Monday, December 20, 2010
Why You Need Two Facebook Accounts
500 million people around the globe have a Facebook account, and it is easily one of the most popular social networks of all time - much bigger than Myspace, Friendster, and any others you can think of. Because of this, my strong advice to entrepreneurs and business owners is to create two Facebook profiles - a business one and a personal one.
Why?
Why?
Friday, December 17, 2010
My New Book Praised As The "Black Business Bible"
My new book Black Business Secrets is receiving rave reviews and was recently praised as the "Black Business Bible". Its currently in book stores, and was written to overturn the devastating statics from the U.S. Census Bureau that say that African American entrepreneurs are more likely to fail in business than their white counterparts.
If you haven't bought your copy yet, be sure to do so you can start the new year off right. The book has tons of valuable insight, and even features exclusive one-on-one interviews with several millionaires and billionaires including Bob Johnson, Farrah Gray, Ephren Taylor, Tom Burrell, Nadine Thompson, and more.
If you haven't bought your copy yet, be sure to do so you can start the new year off right. The book has tons of valuable insight, and even features exclusive one-on-one interviews with several millionaires and billionaires including Bob Johnson, Farrah Gray, Ephren Taylor, Tom Burrell, Nadine Thompson, and more.
Wednesday, December 15, 2010
VIDEO: Angela and Vanessa Simmons Talk Pastry Business
Despite having a little bit of star power and the help of their Uncle Russell, Angela and Vanessa Simmons should still be fully credited for the huge success of their Pastry shoe company. Launched in 2007, their shoes already have distribution in over 15 countries and are generating millions in annual revenue.
The unique assortment targets junior girls and ranges from athletic, dress, and children’s footwear to apparel and accessories. They're even planning to launch a line of Barbie dolls. Using the theme of "self-expression", their ideas have turned out to be pure genius concepts.
The unique assortment targets junior girls and ranges from athletic, dress, and children’s footwear to apparel and accessories. They're even planning to launch a line of Barbie dolls. Using the theme of "self-expression", their ideas have turned out to be pure genius concepts.
Monday, December 13, 2010
Black Enterprise Conference Returns To Atlanta
Black Enterprise Magazine is returning to Atlanta, Georgia for their 2011 Entrepreneurs Conference and Expo on May 22-25. The event will be held at the Downtown Marriott Marquis Hotel, and promises to be as good as last year's event - which was held in the same venue.
During the three day period, attendees can expect innovative sessions, high-powered speakers, and an early peek at the products, trends, and services you’ll need to know about to stay ahead of the curve. They'll also have the opportunity to network and interact with hundreds of deal makers, and thousands of other business owners that'll be attending.
During the three day period, attendees can expect innovative sessions, high-powered speakers, and an early peek at the products, trends, and services you’ll need to know about to stay ahead of the curve. They'll also have the opportunity to network and interact with hundreds of deal makers, and thousands of other business owners that'll be attending.
Friday, December 10, 2010
Business Lessons From Wesley Snipes
Actor Wesley Snipes recently reported to prison for 36 months after committing the infamous crime of failing to file his personal and business tax returns for nearly 10 years. Before being sentenced, he pleaded with the courts and the media for sympathy - but to no avail.
Whether he was truly innocent or guilty is irrelevant at this point, but the situation has a lot of business lessons for individuals who are self employed to learn.
Whether he was truly innocent or guilty is irrelevant at this point, but the situation has a lot of business lessons for individuals who are self employed to learn.
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