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Entrepreneur MagazineEntrepreneur Magazine

Entrepreneur Magazine July/August 2018

Entrepreneur magazine is the trusted source for growing your business and offers surefire strategies for success. Whether you are just thinking of starting a business, have taken the first steps, or already own a business, Entrepreneur offers the best advice on running your own company

Maa:
United States
Kieli:
English
Julkaisija:
Entrepreneur Media Inc.
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OSTA IRTONUMERO
5,51 €(Incl. tax)
TILAA
14,35 €(Incl. tax)
12 Numerot

TÄSSÄ NUMEROSSA

access_time3 min.
don’t seek mentors. create them!

“WILL YOU be my mentor?” When I became editor in chief, I was unprepared for how often I’d be asked this question. It came from a teenager at a business conference, who waited around to talk with me until everyone else had left. From a first-time entrepreneur through an Instagram DM. From a podcast host, after an interview. From a startup founder, after I put her in the magazine. It happens every few weeks now, and I’m not alone in this. Many successful entrepreneurs tell me it happens to them, too.We almost always say no, for reasons I’ll explain below. But it doesn’t have to be this way. The question these people are asking is, I think, a symptom of a larger problem: Many entrepreneurs misunderstand what it…

access_time7 min.
the hustle is on

T.I. is hiring. On July 19, the Grammy-winning rapper behind gargantuan hits like “Live Your Life” and “Whatever You Like” is launching a BET reality show, The Grand Hustle, to find the next executive for his company. It’s the latest in his effort to expand the Atlanta-based business he started in 2003, which is also called Grand Hustle. Along with being a co-owner of the streaming music service Tidal, T.I.’s company is cultivating the next generation of young artists, producing TV and film, and investing in everything from technology to fashion to real estate. All the while, T.I. (real name Tip Harris), who at the very peak of his rap career a decade ago had frequent and well-publicized troubles with the law, is coming into his own as a…

access_time3 min.
cash crunch? get creative

(Illustration / ALVARO DOMINGUEZ) In 2003, before “fast casual” became restaurant industry buzzwords, Erik Oberholtzer, Matt Lyman, and David Dressler had an idea: combine high-end ingredients with fast-food efficiency. They bet that this would differentiate their company, Tender Greens, and customers would be willing to pay a little extra for quality food.Sourcing those premium ingredients would be complicated, though. Most quick-service restaurants use large distributors, which source from a network of farms and wholesalers—a strategy designed to maximize scale efficiency. But those networks generally don’t include the chef-to-farmer relationship—and higher-quality ingredients—Tender Greens wanted.To solve it, Oberholtzer turned to a valuable contact. Before Tender Greens, he was the executive chef at a luxury hotel in Santa Monica. There, he had worked closely with Scarborough Farms, a mid-size local grower whose lettuces…

access_time6 min.
the dark brilliance of the entrepreneur brain

In seven years of running a startup, I experienced just about every emotion entrepreneurship has to offer: the adrenaline of launch; the calm energy of focused flow; the brittle, jittery high of riding a 2 a.m. work jag; the terror of feeling the mask slip, of telling an upbeat story to customers as panic churns in your guts; the grief of failure—and the relief of failure, too; the ghostly lost-limb feeling that asks, Who am I if I’m not running this business?However, my mental health résumé is a lot longer than my entrepreneurial one. I’ve been dancing a medicated tango with depression and anxiety since childhood. I’ve racked up just enough time in the other wing of the hospital to be a bad life insurance prospect. I don’t have…

access_time3 min.
the radical culture fix

TRUE BELIEVER Chanje founder Bryan Hansel. (PHOTOGRAPH BY GETTY IMAGES/STEPHEN MCCARTHY/CONTRIBUTOR) Things were not going well for Chanje. The L.A.–based electric truck startup was rife with drama. Key positions were going unfilled, and the company was struggling to work with engineering partners in Hong Kong. All this forced founder Bryan Hansel, who already had one problematic startup behind him, to face a painful truth.“I had a personal coach, and he said, ‘Every CEO gets the exact company they deserve,’ ” Hansel recalls.The trouble, they decided, was Hansel’s management style, which he describes as “Superman.” “If something bad happened, I showed up in front of the room with all the answers,” he says.This was not exactly empowering to his employees, who admired his energy but never had the chance to…

access_time3 min.
inside virgin voyages

VIRGIN VOYAGES WANTS TO make cruising cool. The new Richard Branson venture is aimed at travelers ages 18 and older—“sailors,” as the company calls them—who would normally never set foot on a cruise ship. As Virgin Voyages builds its hip new ships, complete with a lounge called The Athletic Club that will be home to the largest daybed at sea, it’s also building a brand-new culture at its headquarters in Plantation, Fla. The office, designed by IA Interior Architects, draws on Virgin tradition—lots of purple and red accents, especially in the enormous glass “red room” where employees gather for company-wide meetings. Neon signs and a bathtub full of (plastic) flamingos keep the nautical-inspired space fresh and fun, and when the first ship sets sail in 2020, this crew…

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