e-lifeandwork: Learn New Skills Online | Online Courses & Real-World

Jay Kambo, the founder and CEO of League of Ecom.  Jay Kambo  Jay Kambo, the founder and CEO of League of Ecom, has mastered the art of leveraging the Amazon platform for business success. At only 19, he has launched, scaled and sold multiple e-commerce-based businesses for profit. Now, his advisory firm coaches entrepreneurs and provides custom automation programs designed to equip others with the tools to gain financial independence.   Kambo recently shared with me what he’s learned from launching, scaling and later selling multiple e-commerce brands, with significant success on Amazon. Here are his five top tips for growing an a business on Amazon:  Uncover the true meaning behind a specific best-seller ranking in each category  Bestseller ranking, or BSR, means how fast or slow a product is selling. For example, a product with a BSR of 1 is the best-selling product in that respective category, and the higher up one goes, the lower the sales are. Sinc...

To say that 2020 was a year of ups and downs is putting it lightly. It was especially turbulent if you are a business owner. Your company likely had to contend with some major upheavals, stressors and challenges. In fact, 92% of small businesses reported that they had to “reinvent themselves” in order to weather the Covid-19 crisis.  But it’s a new year, and as we celebrate the deployment of the first Covid-19 vaccines, we’re all hoping that we might be seeing the faintest light at the end of the tunnel. 2021 will be another year of reinvention and, we can all hope, a better and brighter one for the growth of our businesses.   A couple weeks ago, I got in touch with social media guru Luke Lintz. At just 21, Lintz has built the incredibly successful HighKey Clout Inc., a social media, marketing, branding and technology group. We had a great conversation about how to grow your business and your customer base.  I thought I’d take the chance to share some of the insig...

For business leaders this means staff development, training and coaching could be even more challenging, and even less effective, unless they act now. Here’s a look at where businesses are going wrong with professional training, how technology presents new opportunities, and what’s at stake if we don’t give people the support they need to fulfill their potential.  The way humans learn (and forget) hasn’t changed Businesses are investing billions into employee training that is often forgotten. This loss of learned information is explained by the ‘Forgetting Curve‘ theory developed by 19th century psychologist Hermann Ebbinghaus. People lose an average of 50 percent of the information presented to them within an hour, and about 70 percent within 24 hours.  It’s also important to realize that effective training in business isn’t just about remembering things – it’s about using that information to drive new behaviors, which in turn, boosts productivity.  There are a few co...

Being an entrepreneur is not for the faint of heart. It can be challenging and downright grueling. But at the same time, it can be gratifying and fulfilling. Besides being your own boss, some of the most impactful takeaways from the entrepreneurial journey are the lessons learned and the resiliency that comes with relentlessly pursuing a passion.  CONSTELLATION BRANDS, INC.  With that said, let 2020 be the year that offered perspective, ignited passions, taught us countless business tricks, and forced us to show the strength we never knew we had. While hindsight is, in fact, 2020, here are some tips for business in 2021 and what small business owners and entrepreneurs learned during a year that challenged us and changed us.  1. Agility is essential  While one of the most overused words in business in 2020 is "pivot," its frequency demonstrates how important it is to change direction and adapt while keeping your business goals in sight. Layer on the ability to do t...

End-of-year reviews are essential tools to help leaders gauge their business's effectiveness and efficiency over the previous year. However, not all businesses implement a review, and some that do only look at the cursory metrics that would give them just a basic understanding of the company's strengths and weaknesses.  A more comprehensive review is necessary if leaders want to learn where the business can improve and how to do so. If you haven't gotten started on your year-end review, it isn't too late to do so. Seven experts from  Young Entrepreneur Council shed some light on what businesses can do to get started on their year-end review and explain why these steps are crucial for the review's success.  Young Entrepreneur Council members share tips for conducting end-of-year reviews.  Photos courtesy of the individual members.  1. Conduct A SWOT Analysis  At the end of every year, I conduct a SWOT (strength, weakness, opportunity and threat) analysis ...

With the economy being as uncertain as it is today, it’s no wonder that a lot of business owners are looking for ways to improve cash flow for their companies.  Here are a few tips that you can use to manage and track the money that flows in and out of your business:  1. Factoring Invoices  Invoice factoring is an innovative, business-friendly alternative to traditional bank-backed financing methods. It gives your small business immediate access to the working capital you require, without debt to pay or any other strings attached.   Take a look at the following factoring benefits:  Save Time And Money: When you’re factoring invoices, a private factoring company purchases your pending invoices, or invoices that haven’t been paid yet by your customers. The factoring company pays a percentage of the total receivable amount, and takes on the burden of collecting payment from your customers. This saves your business significant time and money that you would’ve...

Most Americans now teleworking from home want to keep doing so, with more than half saying they would work remotely after the pandemic, a new Pew Research Center report finds.  The national survey of U.S. adults reveals that while the coronavirus may have changed the location of our jobs — whether in an office or from home — it hasn’t significantly reshaped our work duties and culture for a majority of employed adults.  “Another third said they’d want to work from home some of the time. A very small share want to go back to the office full-time,” said Juliana Horowitz, associate director of social trends research at Pew Research Center and one of the coauthors.  As for meeting on web platforms, “a majority see that as a good substitute for in-person contact,” Horowitz said. “We don’t see ‘Zoom fatigue’ in our survey.” Videoconferencing and webinar fatigue showed up among an estimated 37% of those surveyed, she said.  Among workers who remained in the same job but sh...