The World's Best Book Summaries
Can you learn how to build brand loyalty? What does it take to create loyal customers? To build brand loyalty, you need to have influence in your community. This means that you need to understand how to develop a strong company mission that your customers can connect to. Read on to learn more about creating brand loyalty with social influence.
How do you increase stability in business? Can you structure your company in a way that makes it more stable? Stability in business comes from structuring your processes so that they aren’t dependent on any one person. Knowing how to do this well will make your business more sustainable in the long run. Read on to learn how to increase the stability of your company and improve its longevity.
Can you learn how to sell more products? How can you make more money through sales? To sell more products, you need to know how to attract and keep the right customers. Additionally, understanding how to increase sales margins on each product will help you to increase your earnings. Read on to learn how to make more money in sales.
Why did FTX collapse? What happened on Twitter that got the ball rolling? How did Caroline Ellison make matters worse? Although Sam Bankman-Fried’s cryptocurrency empire skyrocketed in just a few years, its demise was far more sudden and dramatic. Michael Lewis provides an account of the downfall of FTX in his book Going Infinite. Read more to learn how three events on November 6, 2022, led to FTX’s collapse within days.
What do we know about the TSMC business model? How does TSMC make the most of economies of scale in production? The TSMC business model is also called the foundry model, and it centers around optimizing the company for manufacturing while outsourcing design. Understanding the benefits of their model tells us a lot about the advantages of economies of scale and specialization. Read on to discover what makes TSMC’s business model innovative and successful.
What are the important characteristics of a leader? How do your leadership skills determine your success? The most successful people are those who lead others. For instance, the CEO of a company is surely considered more successful than an entry-level employee. If you want to take your business to the next level, embrace these important characteristics of a leader.
When does reinvesting profit make sense? Are there other things you need to prioritize before making a reinvestment in your business? Reinvesting profit allows you to reframe profits as business expenses and avoid extra taxes. Knowing when to reinvest profit is key to doing this successfully. This article will detail the steps you need to take and the things you need to consider before reinvesting your profits.
Is your company currently going through a transition? How do you navigate change in the workplace? Many people fear change because it can be difficult and painful, even if it’s necessary and inevitable. Therefore, you must readily embrace change, rather than fear it. Continue reading for the key to embracing change in the workplace.
How do you set sales targets that are realistic? What factors should you take into account when setting a sales quota? You set sales targets by considering how much money you need for your own comfort, which and how many customers you will attract, and whether you can deliver that quantity of goods or services to your customers. Each of these factors is important to understand before setting a target. Here are the factors you should consider when setting a target for sales.
How is the explosive rise of obesity and diabetes weight-loss medications changing Americans’ snacking habits? Will the medications kill the snack food industry? Prescriptions for appetite-suppressing diabetes medications like Ozempic and Wegovy are surging as Americans use the drugs for weight loss. The drugs are altering Americans’ snacking habits—benefiting drugmakers but threatening the snack industry’s bottom line. Here are the two views on whether or not the snack food industry will decline.