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Business Failure: How the CEO and Founder of Acquisition.com Lost Everything Twice, Then Made $250 Million [+ Tips and Takeaways for Entrepreneurs]

As a business owner, you’re bound to make some mistakes and encounter a few business failures. There’s no shame in that. And if it makes you feel any better, Alex Hormozi, CEO and Founder of Acquisiton.com, isn’t afraid to admit that he’s done this plenty of times in his entrepreneurship, investment, and philanthropy journeys. If anything, he’s...

Thu Nov 7, 2024 15:37
Inside Sales vs. Outside Sales: How to Structure Your Sales Team

Inside or outside sales? I’ve often seen how these two strategies are at odds with one another. But, as someone who’s been in sales for over a decade now, it’s becoming evident that the two roles need to blend, as both have become a vital part of sales organizations. So, are the lines really blurred? Is inside sales just sales as usual? Wondering...

Thu Nov 7, 2024 14:37
How Calm's CEO Manifested a Meditation Empire [Trends Interview]

Michael Acton Smith built an empire on the back of a stressed-out society. Okay, that sentence sounded better in my head, and upon looking at it in print, it‘s pretty imposing — not exactly in keeping with the spirit of Acton Smith’s meditation and mindfulness app, Calm. Still, it‘s true (even if it’s not totally on-brand). Since its inception...

Wed Nov 6, 2024 15:29
AI Forecasting Techniques: How They Work, Models & Challenges

One of the most incredible AI forecasting success stories I know is from Target, the Minneapolis-based retail giant. Back in 2002, when Target hired statistician Andrew Pole, Target’s revenue was $44 billion. By 2010, its revenue had soared to $67 billion. Target achieved this by using customer data to forecast buying behavior and corner the baby-on-board...

Wed Nov 6, 2024 14:28
Solution Selling: The Ultimate Guide

Solution selling is one of the more prominent sales methodologies. First popularized in the 1980s, it rests on a pretty simple premise: Prospects want to be solved for, and salespeople are uniquely equipped to be the ones who solve for them. It‘s a particularly involved method for salespeople — one where they take an extremely thorough, holistic look...

Tue Nov 5, 2024 14:20
4 Opportunities in The Billion-Dollar Pet Wellness Market

We’re pet people here at Trends, and we’ve sure covered the space a lot. But this recession-proof goldmine of business opportunities just keeps on giving.   The secret sauce? Pet humanization — the more we treat them like our family, the more we’ll spend on new solutions to better their lives.  Unsurprisingly, the biggest growth area is health and...

Tue Nov 5, 2024 00:15

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