YOUR SUCCESS MATTERS
Based on the search results, some key financial metrics service-based entrepreneurs should track to balance growth and profitability include: 1. Customer Acquisition Cost (CAC): This measures the average cost of acquiring a new customer, which is crucial for ensuring...
Based on the search results, some common mistakes service-based entrepreneurs make during rapid growth include: 1. Neglecting a Solid Foundation: Prioritizing growth over establishing a strong operational foundation, which can lead to instability and challenges as the...
Some common challenges when scaling a business include: 1. Overlooking the Product-Market Fit: Failing to understand the target market and sustainable demand can sabotage success when scaling[1]. 2. Working With the Wrong People: Hiring the right team members and...
by BRIAN W. CARTER. The recent report shows Black and African American business owners’ economic outlooks are optimistic for the year ahead. In May 2024, the Sentinel shared information from the Bank of America Business Owner Report, conducted in partnership with Bank...
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by LUZ CORONA. At age 50, Beatriz Acevedo was supposed to be scaling back the “hustle of the startup life.” Her career had already seen multiple milestones. At age 8, she...
by ESMERALDA ZAMORA, ANTHONY TORRES. AUSTIN (KXAN) — Gabriela Bucio, Austinite and Latina business owner, has been sharing her Mexican heritage throughout the city since she...
by SYDNEY CATINNA. In this week’s Louisville Limelight entry, we’re shining a light on an inspiring collaboration between four talented Filipino women—each an...
by ANDREA PEREZ. American-Argentinian actress Stephanie Beatriz shared she knows firsthand the power of resilience. As the daughter of immigrants, she grew up witnessing the...
by LAURA NWOGU. The first Black-woman-owned culinary academy in the Southeast has opened in DeKalb County. Located at 1927 Lakeside Parkway in Tucker, the Culinary and...
