How Parker Clay Leveraged the Olympics for Global Expansion and Ethical Growth

1. Leverage Global Exposure for Growth: Example: Parker Clay used its Olympic licensing deal to reach international markets, increasing website traffic and sales in countries like the UK, Canada, and Japan.

2. Maintain Flexible and Ethical Supply Chains: Example: By owning its factory in Ethiopia, Parker Clay quickly fulfilled orders while ensuring ethical production, supporting local workers, and reducing its carbon footprint.

By Sydney Sladovnik | AUG 6, 2024
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Reviving a Failing Franchise: Leadership and Customer-Centric Strategies

ENTREPRENEUR – Kenny Clark, a Texan, wanted to buy a Minuteman Press franchise but found the cost of opening a new location too high. Instead, he decided to buy a failing location and turn it around. This strategy is often overlooked in franchising, but there’s plenty of supply. Clark bought a failing store for $11,000 and turned its annual revenue from $30,000 to over $750,000. Franchise turnarounds are a great opportunity for savvy business operators, but they’re not as easy as they might appear. To succeed in a franchise turnaround, the 3 essentials are: fixing your team, reputation, and community relationship. Clark learned these lessons through his experience. He had to rebuild the store’s reputation and become essential to his community to catapult the turnaround truly.

By LIZ BRODY | JUL 16, 2024
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Quiet Vacationing Becomes Popular Especially Among Millennials: How A CEO Deters This Issue

BUSINESS INSIDER – Quiet vacationing (or taking time off or working remotely without informing your boss) is becoming more popular, especially among millennials. A Harris Poll survey shows that nearly four out of ten millennials take time off without informing their superiors. David Barkoe, CEO of Carve Communications, believes the key to addressing this issue is to establish a culture of trust. He advocates for employees to “live their life but get the job done,” and practices this culture through flexible work arrangements, such as allowing employees to adjust their work hours or work remotely.

By Kelsey Vlamis | JUL 5, 2024
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Building Partnerships: Joe Gebbia’s Approach to Finding a Co-Founder

INC – Joe Gebbia emphasizes the importance of clear communication, shared values, and mutual respect when choosing a co-founder. He advocates for discussing long-term goals, strengths, and weaknesses early in the partnership. Regular, honest conversations help to align visions and maintain a healthy working relationship. Gebbia also highlights the value of diverse skill sets and perspectives, suggesting that complementing each other’s abilities can drive innovation and success.

By CHRISTINE LAGORIO-CHAFKIN | JUN 20, 2024

Read the original article at Inc.

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