Entrepreneurship

How businesses can avoid the AI ​​trap

Opinions expressed by Entrepreneur contributors are their own. As entrepreneurs, our brands are our lifeblood. We pour everything into building something unique, something that truly resonates with our customers. But just as we've learned to avoid the hassles of spam and junk mail, a new threat has emerged – one that has the potential to…

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Klarna CEO plans to cut half of workforce, give AI the job

Almost half of the employees currently working at the “buy now, pay later” startup Klarna could be replaced by AI in the coming years. Klarna CEO Sebastian Siemiatkowski told the Financial Times last week that the company aims to halve its workforce within the next few years, from 3,800 people to 2,000. Instead of layoffs,…

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People making $200k a year are moving to these 2 US states

Americans aged 25 to 34 earn an annual average SALARY of $56,160, according to data compiled by MarketWatch Guide. However, some young people American workers they're making that number several times over – and they're moving to the places where they are money will go further. Financial technology company SmartAsset pulled IRS data to rank…

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You're busy running your own business, so shop at BJ's

Disclosure: Our goal is to display products and services that we think you will find interesting and useful. If you purchase them, the Entrepreneur may receive a small portion of the sales revenue from our trading partners. Building your business isn't a linear process – there are ups and downs, and building a profitable enterprise…

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5 Unforgettable Lessons I Learned Spending $1 Million on a Domain Name

Opinions expressed by Entrepreneur contributors are their own. Every once in a while, a domain name transaction happens that sends shockwaves around domain community. During the first half of 2024, for example, three domain sales met this standard, for Diary DN. These include the sale of Rural.com for $550,000, TP.com being acquired for $1.2 million…

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Canva says the 300 percent price increase is for new AI features

Is AI worth paying four times more for a Canva subscription? Design software service Canva is raising membership prices for users globally, by a few US User Reporting in X that the cost of five-person team subscriptions has increased from $120 per year to $500 per year. Canva reportedly told users in an email that…

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5 ways to get past your comfort zone

Opinions expressed by Entrepreneur contributors are their own. Starting a business is exciting for entrepreneurs. It's kinetic, it's consuming, but it's also completely exhausting. So it makes sense that once the company experiences a certain level of success and things are going well, business owners often opt for an extended stay in comfort zone. While…

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Taylor Swift is drawing plays for the Kansas City Chiefs

Taylor Swift is said to be contributing more than just her support from the sidelines as she takes on the Kansas City Chiefs Travis Kelce. In an interview with NBC's Chris Simms, Chiefs quarterback Patrick Mahomes shared that Swift has become a backup coach. “She's really interested in football and she asks a lot of…

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Your Current Marketing Plan May Not Work Overseas – Copy Strategies from Spotify and Snickers to Succeed Everywhere

Opinions expressed by Entrepreneur contributors are their own. Expanding into new ones international markets presents an exciting yet daunting challenge. With over two decades in the PR industry, I've navigated the complexities of different cultural landscapes and seen first-hand how a PR strategy that thrives in the UK may not resonate in, say, the US,…

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3 Recession-Proof Lessons We Can Learn from the Medspa Industry

Opinions expressed by Entrepreneur contributors are their own. Estée Lauder chairman Leonard Lauder called it “lipstick effect” — increased demand for small luxury items during the economic uncertainty. The assumption behind this phenomenon is that when people are under the most stress, beauty and self-care rituals provide a form of psychological comfort. McKinsey even reported…

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