BILLIONAIRE JOHN PAUL DEJORIA CONSIDERS 3 FACTORS BEFORE HE LAUNCHES A BUSINESS

John Paul DeJoria knows when he’s got his fingers on a product with serious potential. Before he co-founded Paul Mitchell hair products and Patron Tequila, he was homeless and collecting cans for money. Today, the 72-year-old serial entrepreneur is worth more than $3 billion.

FROM ALCHEMY TO SCIENCE

The Lean Startup methodology reconceives a startup’s efforts as experiments that test its strategy to see which parts are brilliant and which are crazy. A true experiment follows the scientific method.

THE 6 BIGGEST INVESTING MISTAKES

Burton G. Malkiel, Princeton economics professor and author of 'A Random Walk Down Wall Street,' and Charles D. Ellis, author of 'Winning the Loser's Game,' have teamed up to write 'The Elements of Investing.'

CEOS SHOULD THINK LIKE FOUNDERS, NOT JUST MANAGERS

In 2001 the list of companies with the highest market caps was dominated by blue chips. General Electric, Microsoft, ExxonMobil, Walmart, and CitiGroup — all were businesses led by managers who were experts in efficiency and optimization and who grew their businesses by making them work better than they had previously.

CULTURE IN SMALL BUSINESSES

Corporate culture refers to the shared values, attitudes, standards, and beliefs that characterize members of an organization and define its nature. Corporate culture is rooted in an organization's goals, strategies, structure, and approaches to labor, customers, investors, and the greater community. As such, it is an essential component in any business's ultimate success or failure.

BEING AN INTROVERT IS A STRENGTH

When Cindy Robbins was tasked with leading Salesforce's human resources division, she felt "uncomfortable" with the new role. A self-described introvert, Robbins says she has learned to become "comfortable with being uncomfortable."

TO BE A SUCCESSFUL ENTREPRENEUR, FIRST MASTER THIS 1 BASIC SKILL

Every entrepreneur needs to have countless skills, from creative brainstorming to logical analysis and decision-making. And these skills range in complexity and specificity, with basic ones like time management permeating your day, and more complex ones that are exclusive to your industry and are acquired only through experience.

15 QUALITIES OF SMART BUSINESS PEOPLE

Being smart is more than having a high IQ. It has been proven time and again that IQ is fixed. The way we learn at 15 is the same way we learn at 50. To be smart one has to bring more to the table than intelligence alone.

SALES COACHING CAN MAKE ALL THE DIFFERENCE

Research published by Harvard Business Review has found that salespeople can be segmented into 8 different types, but only 3 of them are consistently effective at selling. That means for every rep you hire only 37% of them will be consistent performers.

TOP 10 DIGITAL TRANSFORMATION TRENDS FOR 2019

Knowing that digital transformation is not only a technological shift, but an organizational change at the intersection of technology, business and people, such reflection must take into account countless possibilities.

STRATEGY IS BASED ON ASSUMPTIONS

Every business plan begins with a set of assumptions. It lays out a strategy that takes those assumptions as a given and proceeds to show how to achieve the company’s vision.