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Share to Twitter Share to Linkedin When you unshackle 1.4 billion consumers who have been penned up at home for three years, it’s reasonable to expect some fireworks. For the residents of Mainland China, life under “zero COVID” policies was a dreary round of rolling travel restrictions and lockdowns – as if the United States was permanently stuck on a skipping record of the Spring of 2020. While most of the population was able to find a way to get back to work eventually, the everyday routines of travel, dining out, and visiting friends and family were severely curtailed. Wallets stayed snapped shut. Since China executed its “COVID pivot” in late December 2022, economists have been scrutinizing the data to see if the country will be able to achieve its goal of 5% growth in 2023. If achieved, China will serve as an engine to help developed economies avoid tipping into recession. This is particularly relevant in the new era of higher interest rates, … [Read more...] about Why China’s COVID Comeback Is Still In The Early Innings, With Upside Ahead

Share to Twitter Share to Linkedin I am the CEO of MEBO International ; the leader of Skingenix; and co-founder of the Human Heritage Project. When inflation begins to rise, for-profit businesses have an easier time mitigating the adverse effects. For instance, an online apparel brand may raise prices or shipping rates to cover economic fluctuations. However, it can be more challenging for nonprofit leaders to figure out how to navigate a world of increasing costs while still achieving their mission. What specifically makes nonprofits particularly vulnerable to inflation? For one, many nonprofits focus on meeting with their supporters and donors in person. Even if those meetings occur locally, they can be logistically and financially demanding. And if the meeting is a large event, like a 5K race or gala, it can end up being more expensive as inflation grows. Another point of vulnerability is that though nonprofits can ask for bigger … [Read more...] about 3 Ways Your Nonprofit Can Mitigate Inflation Challenges

Share to Twitter Share to Linkedin Founder of DLT Labs , which pioneers blockchain enterprise solutions via distributed application architecture development and integration. Over the past two decades, several founder-CEOs have stepped down from their CEO roles at a crucial juncture in their firms. In fact, a Harvard Business Review analysis of 212 U.S. startups founded between the late 1990s and early 2000s showed that "most founders surrendered management control long before their companies went public." It stated that 50% of founders stepped down from the CEO post within three years of launching the venture, whereas fewer than 25% of founders led their firms’ IPOs. In The Hard Thing About Hard Things , Ben Horowitz, cofounder and general partner at VC firm Andreessen Horowitz, even went so far as to state that founder-CEOs are “generally much better at the first part than the second,” especially once their companies mature and become more … [Read more...] about Five Habits Every Company Founder Should Embrace