Lynda Rae Harris was in her 20s and the owner of a Los Angeles–based ad agency when she met her second husband, Stewart Resnick. He was an entrepreneur who had built a successful janitorial business from scratch after his father won an industrial floor scrubber in a contest. Together, the Resnicks made their first joint acquisition—the floral wire service company Teleflora—in 1979. They followed it with acquisitions of agricultural land in California and of the Franklin Mint, all chosen because of Stewart’s penchant for service businesses with repeat customers. But even the most loyal customers need a reason to keep coming back, and Lynda was always looking for new ways to draw them in—seeing and creating what they needed long before they knew they needed it. For example, she came up with the “gift within a gift” concept of packaging Teleflora flower deliveries in a reusable planter or vase. Lynda also redesigned the Franklin … [Read more...] about What Self-Made Billionaires Do Best
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I’m not a very good cook. I can make an ok spaghetti marinara or mashed potatoes, but intricate meals have always intimidated me. And while this means my dinners are sometimes inedible, it also makes me the perfect candidate to review recipe services that send customers meals to cook with perfectly portioned and packaged ingredients. I tested two meals each from Plated, Blue Apron, and Hello Fresh, which deliver to most of the country. I then broke down my experience with each one as well as the pros and cons. Keep reading to see how each company performed, or simply scroll to the bottom for my verdict. PACKAGING AND INGREDIENTS PLATED Each of the Plated meals came in individually wrapped bags within an insulated package, though some of the larger ingredients were kept loose within the refrigerated bag. I liked that there were clear labels stating the recipe each ingredient belonged to. This made grouping all the correct ingredients together super easy. The meals from Plated are … [Read more...] about FOOD WARS: I tried a bunch of subscription meal services, and one is way better than the others
caption Tax scammers have a new trick up their sleeve, according to a new IRS warning. source Shutterstock The IRS warns taxpayers every year to beware of a long list of tax scams. This year, identity thieves are up to the same tricks, but with a new twist. Scammers file a fake tax return, deposit the fraudulent tax refund into your own bank account – and then call to collect. Tax scammers are a creative bunch. The IRS keeps track of the most common tax-related crimes, and the list is long and varied. The latest tax scam Americans need to watch out for, according to the IRS, is a twist on an old favorite: filing a fake tax return with stolen personal information, like your Social Security number. But this time, scammers aren’t keeping the fraudulent tax refund for themselves. At least not at first. After filing the fake tax return, identity thieves are using taxpayers’ actual … [Read more...] about The best way to protect yourself from tax scams doesn’t require special software, consultants, or services
Compliance to many is a dirty word and often misunderstood especially in the area of information security and risk management. However, in response to the increasing number of data breaches and real economic loss as well as threats to national security, regulators and policy makers are increasingly responding with laws, policies and regulations. There is an increasingly prescriptive set of security requirements that must be met by businesses and organizations operating online. Some of the recent data breaches have shown that cybersecurity risk can originate from the supply chain of vendors and business partners.Understanding this dynamic, the U.S. Department of Defense started the ball rolling in 2013 requiring businesses and contractors to implement 110 specific security requirements described in NIST Special Publication 800-171 as part of a modification to the Defense Federal Acquisition Regulation Supplement (DFARS). Other U.S. Federal Agencies are following suit to ensure that … [Read more...] about Is compliance the best insurance for managing cybersecurity risk in 2018?
Best Buy recently announced that it will be pulling CDs from its stores due to an overwhelming drop in sales. Target is expected to follow suit. Despite the fact that more and more people are resorting to streaming services and vinyl to get their music, many were shocked and upset by Best Buy’s decision to pull CDs from its stores. Best Buy, formerly one of the biggest music merchandisers in the United States, has plans to pull CDs from all of its stores by July 1, Billboard reported. Target could be the next retailer to do so, as it’s now demanding that music suppliers sell them inventory on a consignment basis and pay for unsold inventory. One music manufacturer is leaning towards saying no to this deal, according to Billboard. This should come as no big surprise – between streaming services like Apple Music and Spotify taking over and vinyl returning to popularity, there doesn’t seem … [Read more...] about Best Buy is pulling CDs from its stores — and people are freaking out