What To Do When You Lose A Big Customer; And How To Prevent It

By Vanessa Loder When I worked in private equity, we would often decide not to invest in an early stage company due to high customer concentration (a large percent of revenue from one or two customers) which made the investment risk too great. And yet, as an entrepreneur, if Target decides they want your product and your sales will suddenly triple, are you really going to say “Sorry Target, I don’t want the customer concentration, I can’t do business with you.” It might be the smart thing to say, but it is not likely to be the first that comes to mind. …read more

Source:: Hadi Aboukhater Forbes Entrepreneurship Feed

How She Did It: Alexandra Chong on Founding Lulu, the Private Network for Girls

By Tiffany Pham Alexandra Chong is the Founder & CEO of Lulu, the highly-acclaimed yet provocative female app that allows users to rate men. Disrupting the way in which women are able to connect and openly communicate their thoughts on dating via social networking, Lulu is often described as the private network for girls where they can “share their experiences and make smarter decisions.” A law graduate from London School of Economics, Alexandra is a high-profile entrepreneur of Chinese-Jamaican-Canadian origin, who was previously a professional tennis player on Jamaica’s Olympic team. …read more

Source:: Hadi Aboukhater Forbes Entrepreneurship Feed

IBM Gives Retailers A Crystal Ball This Holiday Season

By Kimberly A. Whitler With just a week until the most important five-day shopping period of the year, retailers and marketers are putting the final touches on their holiday campaigns. Once again, the most important tool in their arsenal – and the closest thing they have to a crystal ball – is big data and analytics. …read more

Source:: Hadi Aboukhater Forbes Entrepreneurship Feed

Training is Marketing And Sales’ Blind Spot

By Christine Crandell As long as Sales + marketing don?t address the link between training, performance, and meeting customer engagement expectations, this blindspot will result in a redefinition of their perceived value …read more

Source:: Hadi Aboukhater Forbes Entrepreneurship Feed

The 2 Elements Of A Happy Life (And Great Customer Service): Via Zappos, Amazon… And Freud

By Micah Solomon The only two things necessary for a happy human life are “love and work.” (My sources on this are both Sigmund Freud and Leo Tolstoy, so who am I to argue?) …read more

Source:: Hadi Aboukhater Forbes Entrepreneurship Feed

Why Japan And China Cannot Compete With America in Entrepreneurship

By Panos Mourdoukoutas
Japan and China are lagging far behind the US in global entrepreneurship, according to the recently released 2015 Global Entrepreneurship Index.
With a historical score of 85, the US tops the list of countries on the index, followed by Australia, UK, Sweden, Denmark, Iceland, Taiwan, Switzerland, and Singapore.
Japan is to be found in the 33th and China in the 61 position.
That may come as a disappointment to some. China and Japan are the world’s second and third largest economies, respectively.
What can explain Japan’s and China’s entrepreneurial lag?
For Japan, the problem is mostly demographic, a shrinking pool of young talented individuals—a group that is usually engaged in entrepreneurial activities. Tight immigration policies and a conservative business culture add to the talent shortage, because they make it difficult for Japan to attract and retain foreign talent. …read more

Source:: Hadi Aboukhater Forbes Entrepreneurship Feed