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Share to Twitter Share to Linkedin In a conversation I had with our CEO at Anderson Business Advisors, we discussed a financial planner that we both knew. A married couple in their early forties came into his office. They were earning about $40,000 per year, and they wanted to retire. The financial planner said, “There’s no way,” but then he looked at their numbers. They owned rental properties that were more than paying for their expenses, and they lived pretty frugally. They didn’t have any debt. They owned their house outright. They owned their cars outright. They did not have children, so they didn’t have those related expenses. They had enough assets and did not need to work. The planner was kind of shocked and asked them how they had done it. They said that they just always put 20 percent of their money aside into an investment account, and when it got big enough, they would buy another rental property. That is the secret. They consistently put money … [Read more...] about The Best Time To Start Securing Your Financial Future Is Now

Share to Twitter Share to Linkedin By Chris Christoff, co-founder of MonsterInsights , a leading plug-in for Google Analytics. Business leaders and marketers around the world are in a never-ending struggle to retain their customers. It’s no longer enough to convince someone that a product or service is worth an initial purchase. Instead, you must give users reasons to stick with your brand after their order. Returning customers spend more, view brands as more trustworthy and are more likely to tell friends and family about their experiences. In other words, retention is about more than keeping one customer; it’s about cultivating a community of people who trust and respect your business. There are quite a few ways you can create a top-notch customer experience and win over people from the moment they place an order on your website. Today, we will explore four strategies that can help you boost your retention rate and sales. Let’s dive in! … [Read more...] about How To Win Over Your New Customers

From left: AgniKul Cosmos co-founder and COO Moin SPM and CEO Srinath Ravichandran Agnikul Cosmos, the space tech startup incubated at the Indian Institute of Technology Madras, will apply for a patent for its full-scale, second-stage engine Agnilet, which it claims is the world’s first single-piece 3D-printed rocket engine. This means it’s been made in one shot without the thousands of parts that are typically assembled in a conventional rocket engine. Agnikul Cosmos has also developed its own mobile launchpad, which allows it to launch rockets from any authorised port. The startup is awaiting final approvals from the Indian Space Research Organisation to launch its rockets from Sriharikota. By developing its own mobile launch pad, the startup is in a better position to scale up its business in the future. In an interview with Moneycontrol , cofounder and CEO Srinath Ravichandran, a Wall Street trader-turned-aerospace engineer, spoke about why India’s space technology … [Read more...] about Agnikul Cosmos to patent 3D-printed rocket engine

Girl group NewJeans made hanji, or Korean traditional mulberry paper, in a YouTube video in early January, with hanji-maker Ahn Chi-yong. [JOONGANG ILBO] Adding to the already large and still-growing international influence of K-culture, some Korean celebrities, whether due to a sense of responsibility or simply because they've become enamored by its beauty, have been actively incorporating traditional Korean elements into their content. In turn, fans have certainly taken notice, and it has aided in teaching the world more about the beauty that is Korean culture. Most recently, girl group NewJeans was shown making hanji , or Korean traditional mulberry paper, in a YouTube video in early January. Hosted by the Korea Craft and Design Foundation, a state-run institution, the five members learned all about the craft by hanji-maker Ahn Chi-yong, who himself has also been designated as one of Korea’s intangible cultural assets. “I didn’t know much about hanji, but I feel proud … [Read more...] about Korean celebrities promote traditional arts and crafts

"Good Luck Fish," lifestyle brand 2nd universe's updated version of the dried pollack tied with silk yarn tradition [2ND UNIVERSE] The city of Seoul has a fantastic collision of old and new. In between its modern buildings, the city boasts beautiful ancient palaces and traditional houses that harmonize with nature. Trendy buildings these days seem to be bringing that power of Seoul’s contrasting beauty into their designs as many of them have fused the modern with the traditional, like the renovated hanok (traditional Korean building) cafes in Samcheong-dong, or newer buildings that feature traditional Korean designs. Whatever the method may be, the vibe is still very natural, boosting the understated charm that represents Korea's capital city. Branching off of these efforts, many brands are taking on the challenge of mixing and matching traditional Korean elements while still staying up-to-date on trends. The following is a selection by the Korea JoongAng Daily of local … [Read more...] about Korean design jumps on the K-history bandwagon with traditional motifs

Choi Ji-Man talks to reporters at Incheon International Airport in Incheon on Jan. 8. [NEWS1] Choi Ji-man has been dropped from the Korean team for World Baseball Classic 2023 after his MLB team, the Pittsburg Pirates, objected to his participation on medical grounds. Choi, the most seasoned Korean batter playing in the big leagues, was named to the Korean squad for the tournament last month. With previous Korean rosters often overlooking players without any KBO experience, Choi had never been called up to represent Korea before. “I feel hungry because I have never put on a Taeguk mark before,” Choi Ji-man told reporters at Incheon International Airport on Jan. 8 before he departed to the United States for the MLB preseason. The Pirates opted to block Choi Ji-man's participating on medical grounds as he is still undergoing rehabilitation following elbow surgery last year. Korean national baseball team manager Lee Kang-chul replaced Choi Ji-man, a first baseman, with SSG … [Read more...] about Choi Ji-man dropped from Korean roster for World Baseball Classic

Inside the chaos at Synapse, where questionable management tactics by CEO Sankaet Pathak have left the company with its future in jeopardy. I n July 2019, the 29-year-old CEO of San Francisco financial technology startup Synapse scolded five of his engineers for not making faster progress. “Do you even enjoy this project?” Sankaet Pathak asked. “Not really,” the team’s leader answered. “That’s it, you’re out,” Pathak declared, firing the employee on the spot in front of his colleagues. Synapse’s Human Resources director, Juan Aguayo, confiscated the terminated worker’s key card and computer. But as Aguayo spoke, he received a message on his laptop, and his tone started to change. Minutes later, he said to the engineer, who was now crying, “Don’t worry, you’re not fired.” The dazed, confused employee went back to his desk. Pathak never spoke to him about the incident again, acting like it never happened. The engineer started looking for a new job the following week … [Read more...] about Broken Synapse: Why Employees And Customers Are Fleeing This Andreessen-Backed Fintech Startup

Share to Twitter Share to Linkedin Monica Desai Weiss is an investor at Silicon Valley venture capital firm Kleiner Perkins, where she focuses on fintech and blockchain. Previously, she led operations and strategy at digital wallet startup Blockchain and was a bond trader at JPMorgan. Forbes spoke with her about the past year in fintech and her top predictions for 2020. The conversation has been edited for brevity and clarity. Forbes: For fintech in 2019, what events or milestones stand out as the most important? Desai Weiss: There were a few big themes. Financial services incumbents took notice of fintech startups, and some parts of the fintech industry matured. There were several mergers and acquisitions around payment processors [like Fiserv acquiring First Data]—these companies are coming to terms with Stripe and Square’s success in payments. There was also a great reckoning around trading fees. Schwab, TD Ameritrade and Etrade all dropped their … [Read more...] about Five Fintech Predictions For 2020, According To Kleiner Perkins

Share to Twitter Share to Linkedin Though TikTok may be receiving a lot of press as of late, steadfast platforms like Instagram still reign supreme, with around 4.25 billion visits per month and 1.39 billion daily global active users alone. This means marketers and social media managers should always be thinking of ways to engage their followers and create meaningful content that will garner attention. But for new businesses especially, gaining traction on social media can be an uphill battle. To help, the members of Young Entrepreneur Council recommend eight tips for increasing engagement on your business’s Instagram and explain why these tactics are so effective no matter how large your following. 1. Define Your Brand Voice And Audience Define your brand voice and target audience before curating your content. Such a proactive approach will allow you to optimize budget usage for social media. Do you want to appeal to college students who are looking … [Read more...] about Eight Tips For Increasing Engagement With Your Business’s Instagram

Share to Twitter Share to Linkedin Chenyu Ren is the co-founder and co-CEO of Markai , a venture-backed cross-border e-commerce startup. Are you a cross-border e-commerce brand looking to make a splash on Amazon? Advertising on the platform is crucial for driving sales and building brand awareness. In fact, Amazon's advertisement revenue hit $31 billion in 2021 , with brands seeing a significant return on investment from their ad spend, especially when it comes to their advertising cost of sales (ACoS) on Amazon. In 2021, Amazon's ACoS was around 20% to 30% across different categories . However, many cross-border e-commerce brands struggle to navigate the platform and run profitable brand-driven campaigns. There is no permanent "hands-off" approach to Amazon advertisements. Brand owners should visit the Activity Manager two to three times a week to check the advertising campaign performance report and make targeted optimization based on the … [Read more...] about How To Run An Effective Amazon Campaign As A Cross-Border Brand