Business Archives

Uber in China: An Embarrassing Defeat

When did Uber enter China? And why did the ride-hailing giant end up selling its Chinese operations to its Beijing-based rival? Uber entered China in early 2014, launching its black-car service in Shanghai, Beijing, Guangzhou, and Shenzhen. However, the company ended up selling its Chinese operations because the losses Uber was incurring to win a meaningful market share were unsustainable. Here is the timeline of events that have led to ceding off Uber China to its biggest competitor Didi Chuxing.

Every Effective Team Must Have These 4 Qualities

What makes an effective team? What are the qualities that enable team members to perform effectively in stressful situations? In Team of Teams, General Stanley McChrystal considers examples of effective teamwork in critical situations in military contexts. Analyzing these examples, he came to the conclusion that there are four qualities that make an effective team: empowerment, shared consciousness, trust, and awareness of the whole. Learn about the four characteristics of an effective team, according to Stanley McChrystal.

How to Manage People in a Growing Business

A Cooperative Business Model for Companies

Is your business taking off but you don’t know how to manage people? How do you create a good company culture? What is Freaky Friday management? When you own a business, one of the most important parts of managing is to create a good company culture and take care of your employees. Sure, some companies with terrible workplaces still manage to become successful, but you should aim to create a workplace that your employees are proud to work in. Keep reading for advice on how to manage people in your growing business.

The Executive Hiring Process and Interview Questions

Do you own a company and are considering hiring an exectutive? How do you know when you should hire from within or find an external applicant? What kind of questions should you ask during the interview? When your startup grows and you find yourself in need of an executive, the first step is to decide whether you should hire from within or externally. The next step is the hiring process and determining who is the best fit. Keep reading for advice on the executive hiring process.

Jab, Jab, Jab, Right Hook by Gary Vaynerchuk

What is Jab, Jab, Jab, Right Hook by Gary Vaynerchuk about? How has social media changed the marketing landscape? How can you take advantage of social media to boost own business? Jab, Jab, Jab, Right Hook by Gary Vaynerchuk is about the rise of social media marketing. Vaynerchuk compares marketing to boxing because both are aggressive and strategic, and both require dedication and hard work. Learn how “jabs” and “right hooks” can increase your company’s presence and increase sales. Keep reading to learn more marketing tips from Jab, Jab, Jab, Right Hook by Gary Vaynerchuk.

Why You Need a Business Mentor and How to Find One

What is the benefit of having a business mentor? And how do you go about finding one that’s right for you? A business mentor is an experienced professional who is willing to support your career development. They can offer advice on the skills you need to develop to advance, introduce you to useful contacts, and offer insider information on the latest trends in your industry. Read about the benefits of having a business mentor, and how to go about finding one that’s right for you.

The 5 Laws of Stratospheric Success: Be a Go-Giver

What are the 5 Laws of Stratospheric Success? How did Joe from The Go-Giver learn about these laws and how to apply them? The 5 Laws of Stratospheric Success are the Law of Value, the Law of Compensation, the Law of Influence, the Law of Authenticity, and the Law of Receptivity. In the business parable The Go-Giver, the main character Joe learns about these laws and how to put each one into practice. Continue on to learn more about the 5 Laws of Stratospheric Success.

How to Hire Employees and Help Them Succeed

Do you know how to hire employees that suit your company? What should you look for in a prospective hire? How do you train that new employee? When you hire a new employee, hire for their strengths, not their lack of weaknesses. They must have the right kind of ambition and show interest in how they can improve the company, not just in their compensation. Continue reading for more advice on how to hire employees and properly train them.

Disney Controversies: How Bob Iger Handled Them

What were some of the major Disney controversies? How did Disney CEO Bob Iger handle these tragedies and scandals? There were a few Disney controversies during Bob Iger’s time as CEO. Some of them included the alligator attack at the Grand Floridian hotel, the Me Too movement revealing sexual harassment, and drug abuse. Keep reading to learn how Bob Iger dealt with these Disney controversies while maintaining integrity.

How to Develop a Twitter Marketing Strategy

Do you want a Twitter marketing strategy to help boost your business? What notable features set Twitter apart from other social media sites? Twitter is a microblogging platform with millions of users. It’s the perfect place to build your brand’s name because it is almost completely public, even people who don’t have Twitter accounts can view your tweets. That’s why you should develop a Twitter marketing strategy for your business. Keep reading for advice on Twitter marketing strategies.