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 STACY M. BROWN. In a recent appearance on Let It Be Known News, Professor Tonya M. Evans— an expert in fintech law at Penn State Dickinson Law and a prominent figure in digital asset strategy — discussed the evolving landscape of cryptocurrency, particularly its...
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by JANNA HERRON. Something as simple as writing a will could help close the racial wealth gap. As it stands now, Black families are less likely to take this crucial estate...
by ERIN C. PERKINS. A closer look at the distribution of wealth in America reveals staggering racial disparities. According to the Federal Reserve, the average white...
by SEMYON DUKACH. I spent the first years of my life in the Soviet Union in the 1970s. Though I was young, I remember feeling that the goal of each individual was to fit in....
by SHANNON DAWSON. The credit system has a long history of inequity for Black Americans, and a new study from Varo Bank sheds light on the persistent disparities our...
by MITTI HICKS. Hotel investor Davonne Reaves made history in 2021 as one of the youngest Black women to co-own a property in a major hotel chain. She then grew her...
