Tag Archive | "Million"

Dan Faggella: How To Take Yourself Out Of Your Business And Then Sell It For A Million Dollars

[ Download MP3 | Transcript | iTunes | Soundcloud | Raw RSS ] Three years ago Dan Faggella appeared on the EJ Podcast and proceeded to blow our minds about what you can do with email segmentation. Dan explained how he rapidly grew a successful martial arts teaching business online by becoming a master at […]

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Amazon Sets Sales Record on Prime Day 2018, Reports 100 Million Products Sold

Amazon has concluded its record-setting online shopping event this year. Called Prime Day, the 36-hour shopping period that ran from July 16 to July 17 was said to have surpassed Cyber Monday, Black Friday, and last year’s event. In a recent press release highlighting its success, the company didn’t disclose sales growth or exact figures but reported that Prime members bought more than 100 million products during the sales event.

According to CEO of Worldwide Consumer Jeff Wilke, Prime Day was an opportunity to reward its members with the best deals and exclusive access to Amazon’s new products. In fact, two of the bestsellers during the worldwide event included Amazon’s Fire TV Stick with Alexa Voice Remote and Echo Dot.

Aside from Fire TV devices, other Amazon products that made a killing were Kindle e-readers and the kids’ versions of the Fire tablet and Echo Dot.

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The Power Of Consistent Coaching For Million Dollar Outcomes

Earlier this year I stopped over in Hawaii on the way from Japan to Canada. I was there to meet up with my Canadian family who were escaping winter. I was also there for one other very important reason — to record this video with Mitch Wilson. Press play to watch: Mitch is a special […]

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Twitter Gets Rid of 70 Million Fake Accounts in May and June, Cracks Down on Trolls

Twitter has been aggressively suspending false accounts in a bid to curtail the spread of fake news. The company’s massive crackdown on trolls and bots have resulted in one million dubious accounts being deleted or suspended per day.

According to the Washington Post, Twitter has been coming down hard on fake accounts, trolls, and bots since late last year. The purge of these accounts was reportedly brought about when testimonies from Google and social media platforms like Facebook and Twitter revealed that millions more Americans were exposed to fake news than previously estimated.

Fake Accounts But Real Damage

Fake accounts with links to Russia are said to have tweeted false information in an attempt to affect the 2016 US presidential elections. This disinformation campaign involved a troll factory based in St. Petersberg that used state-of-the-art technology to fool voters and exacerbate the tension in the already worsening political and social environment.

Data compiled by the Post revealed that Twitter got rid of more than a million accounts per day in the past several months. The company reportedly suspended 70 million or more accounts in May and June. The purge apparently continued until July.

Twitter’s aggressive steps to shut down these malicious accounts could lead to a major backlash against the company as it could result in a decline in monthly users. But the company appears unfazed as it continues its campaign against the bots and trolls responsible for the propagation of false news.

Taking a Stand Against Fakes

Twitter has repeatedly garnered criticism for failing to control the spread of bots and trolls that were created with the sole purpose of spreading disinformation. But the social media platform’s new and harsher stand against fraudulent accounts shows a clear shift in the company’s ideology. Twitter had previously refrained from checking possible abuses with regards to tweets due to free speech.

The company’s Vice President for Trust and Safety, Del Harvey, revealed to the Washington Post that they are changing their stand on “balancing free expression versus the potential for free expression to chill someone else’s speech. Free expression doesn’t mean much if people don’t feel safe,” Harvey explained.

While a lot of Twitter users applaud the company’s move to delete fake accounts, President Donald Trump has taken to the platform to tweet about getting rid of the accounts of news organizations like the New York Times and the Washington Post.

While the two companies’ accounts are legitimate, Trump has been blaming them for the spread of fake news or at least news that paints him in a negative light.

[Featured image via Pixabay]

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James Clear: How The Master Of Habitual Self Improvement Became A Writer And Uses His Blog To Reach Over A Million People Per Month

[ Download MP3 | Transcript | iTunes | Soundcloud | Raw RSS ] There are a few people online who I genuinely appreciate as writers. James Clear is one of them. James is one of the only bloggers I know who does extensive research for his content and includes footnotes…

The post James Clear: How The Master Of Habitual Self Improvement Became A Writer And Uses His Blog To Reach Over A Million People Per Month appeared first on Yaro.blog.

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Brex Raises $57 Million to Launch New Credit Card for Startups

American fintech company Brex has just launched a new corporate credit card designed specifically to assist startups.

The news of this unique credit card also comes on the heels of Brex’s recently concluded Series B funding round. The company was able to raise $ 57 million courtesy of investors like PayPal co-founders Max Levchin and Peter Thiel, Facebook’s Yuri Milner, VC Ribbit Capital, and the Y Combinator Continuity.

Brex is the brainchild of young engineers cum entrepreneurs Henrique Dubugras and Pedro Franchesci. The two are known for founding Pagar.me, a Brazilian payments processor, when they were still in their teens.

Brex wants to rebuild B2B financial products, and one key step to doing that is to start with a corporate credit card service. The company provides tech startups and various companies with instant approval of credit cards. What’s more, these have higher than expected credit limits and users don’t require any kind of personal guarantees.

The San Francisco-based company basically underwrites businesses and foregoes credit history in lieu of factors like its investors and the equity the company holds, its cash balance and spending habits. Brex offers the first five cards of the startup free of charge. Any additional cards after that will cost $ 5 monthly.

Brex credit cards offer several distinct features, like the capacity to capture receipts using your smart device and matching them to the card holder’s credit statement. The card can also be integrated with accounting software like Expensify, NetSuite, and QuickBooks.

Dubugras and Franchesci reportedly spent the previous year talking with customers about developing a product that could successfully navigate the regulatory and financial challenges that usually prevent early-stage startups from getting credit card approval.

According to Brex CEO Dubugras, “startups that have raised millions and are poised for hyper-growth can’t get slowed down hassling with banks requiring personal guarantees and offering meager credit limits.”

Unfortunately, traditional credit models look at how much a company can pay back annually based on revenue. This practice automatically disqualifies startups. But Brex has gotten around that problem by focusing on the cash that the investors have given the startup.

[Featured image via Pixabay]

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Antonio Centeno: How This US Marine Turned Entrepreneur Earns Over $1 Million Teaching Men How To Dress Better Using YouTube

[ Download MP3 | Transcript | iTunes | Soundcloud | Raw RSS ] I met Antonio Centeno at the first ever Youpreneur conference in London, hosted by Chris Ducker. Antonio was seated next to me, one of the only men dressed in a suit, and we immediately struck up a…

The post Antonio Centeno: How This US Marine Turned Entrepreneur Earns Over $ 1 Million Teaching Men How To Dress Better Using YouTube appeared first on Yaro.blog.

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Alice Seba: How This Canadian Mother-Of-Three Sold Over A Million Dollars Worth Of Content Other People Created

 [ Download MP3 | Transcript | iTunes | Soundcloud | Raw RSS ] Alice Seba started out online in 2002, after the birth of her first child. She wanted to figure out a way to avoid working a job so she could spend more time with her son. It…

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Antonio Centeno: How This US Marine Turned Entrepreneur Earns Over $1 Million Teaching Men How To Dress Better Using YouTube

[ Download MP3 | Transcript | iTunes | Soundcloud | Raw RSS ] I met Antonio Centeno at the first ever Youpreneur conference in London, hosted by Chris Ducker. Antonio was seated next to me, one of the only men dressed in a suit, and we immediately struck up a…

The post Antonio Centeno: How This US Marine Turned Entrepreneur Earns Over $ 1 Million Teaching Men How To Dress Better Using YouTube appeared first on Entrepreneurs-Journey.com.

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Number of Active Business Profiles on Instagram Reaches 25 Million

Instagram’s business profiles are proving to be good for businesses.

The social media network recently announced that 25 million merchants have changed their personal Instagram accounts into business profiles. That’s a huge leap from the 15 million business accounts that were active on the app as of July of this year. What’s more, most of these accounts are from small businesses.

The Facebook-owned app introduced business profiles in May 2016 in order to give businesses better commercial representation on its video and photo network. By changing one’s account to a business profile – which is similar to a Facebook page – companies can add a “contact us” button and examine detailed analytics about Stories and organic posts that they have published, like the number of impressions and the reach the posts accumulated.

Highlighting the main differences between an Instagram personal account and an Instagram business account.

Graphic via modernsoapmaking.com

Instagram is hoping that the more tools they provide merchants, the more they’ll use the app to expand their business, first organically and then through ads. And it seems Instagram’s strategy is working. Since business profiles were introduced, Instagram’s advertiser base has grown from 200,000 in February 2016 to 2 million by September 2017.

Those numbers clearly show that Instagram’s ratio of business accounts to advertisers is almost the same as its parent company. Facebook boasts of more than 6 million advertisers and 70 million companies using Pages.

About 80% of Instagram’s roughly 800 million users per month follow a business, and about 40% of 500 million daily users check out at least one business profile. Interestingly, two-thirds of the 200 million people who check out a company’s business profile on any day do not follow the brand or company. That is something businesses should consider closely.

Merchants might want Instagram users to tap on the follow button, but they would probably be just as happy if people tap the button to contact the company. After all, this would allow them to develop a customer base that goes beyond Instagram.

[Featured image via Pixabay.com]

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