Entrepreneur startups and cost of sales

How Crowdsourcing Is Shaping the Future of Everything

First published on Entrepreneur.com on 01/13/2018 As fast as things are changing, they are about to change even faster. Technology is making it progressively easier to access the knowledge, experience, and resources of the crowd. We have already seen how applications of crowdsourcing technology can provide funding, services, and navigation. Now this technology will accelerate innovation, problem […]

Buying into Algo-logic Can Be Costly

ENGAGEMENT OR CRITICAL THINKING!

We’re suddenly living in a world where what’s important has been predetermined by a crude form of artificial intelligence, algorithmic “logic”. It only measures what it can measure. Since it can’t measure the quality of the content, it measures the amount of reaction the article, post, podcast or video gets. This is all measured in […]

7 Ways The Gig Economy Affects Your Business

Most startups fail because they have too much overhead and not enough sales — period. In fact, in our program, The Barefoot Startup, we advise our clients to outsource everything but sales, accounting and quality control. Overhead expenses are earned by sales, not the other way around. We recently had the pleasure of attending the Conference on […]

3 Reasons to Start a New Branded Product Now

Are new brands getting squeezed out of the packaged goods markets? It seems like every day there’s some new merger to further consolidate the production, distribution and retail channels. The markets are getting monopolized by a few big players with hundreds of brands. Access to market is getting tougher and tougher. There’s less shelf space […]