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  1. I used to think “home” was a dirty word. Out there — on the road — was where life happened, full of exciting adventures, fascinating people, and endless possibilities. No dreary commutes, 30-minute lunch breaks, mind-numbing meetings, or endless lists of to-dos squeezed into a rushed weekend. Why would anyone want to be home, the place where routine seemed to sap your will to exist? It baffled me. My first trip overseas — a vacation to Costa Rica — made me fall in love with travel. For all the reasons mentioned above, I realized why “vacations” were so romanticized in work culture. There was a freedom to them that stood in stark contrast to the daily corporate grind. So, when I finally quit my job, I set off on an adventure to experience all the world had to offer for as long as I could make my money last. I mean, who could possibly tire of life on the road? Well, me. Eventually, I did tire of being a full-time nomad. I craved a stable group of friends, regular workouts, a bar that knew my name, a kitchen to cook in, and my own bed. Suddenly, I realized that “home” wasn’t a dirty word. It just felt that way to a young, restless soul for whom adulthood felt eons away. I had come to understand what someone who is just setting out with romantic notions about travel couldn’t: You can burn out. On my first trip abroad, after 18 months, I hit the wall and decided to cut my trip short. Then, years later, in 2013, I decided that being a nomad was no longer the life for me and decided to stop traveling full-time. It was time to grow up, I said. Time to stay put and move on from nomad to… whatever came next. But the allure of the road — and the business of working in travel — pulled me back constantly. As the years went by, I lived between two worlds: one in which I am traveling, longing for home, and another in which I am home, longing to head out again. There were moments where I longed for a clone so I could live in both and satisfy my dual desires. After all, you can’t — and shouldn’t — live solely in one forever. Because travel and home are complementary forces, yin and yang. Without one, you can’t appreciate the other. All travelers hit a wall, that moment when they look around and go, “I’m ready to stay in one place.” When and why that happens is a product of many factors, but I have yet to meet a traveler who doesn’t have that experience. When I started traveling in my twenties, it took me years to feel that. But now, a couple of decades older, it happens after just a month. To handle life, the brain creates mental shortcuts to help it process information. It’s why we tend to drive the same route to work every day — it’s just easier, and it’s why you feel like “you can do it in your sleep.” Because if your brain had to figure out a new route to work every day, it would tire itself out. These routines let us put a lot of life on autopilot, so we have energy for work, people, emotions, thoughts, etc. But when you travel, you are relearning life skills every day. You have no mental shortcuts. It takes a lot of mental energy to figure out your way in the world anew each day, to repack your bag, say good-bye to the person you met yesterday, and head out and try again to navigate unfamiliar lands, languages, and people as if you had never done so before. It tires you out. Whereas a vacation is a temporary break from life, long-term travel is different. When you travel long-term (or are on the move frequently), there is no break. You’re constantly trying to figure things out and also constantly breaking your routine. Your travel battery drains. Yet in the same way the travel battery needs to be recharged, our “home” battery does too. While some people can follow the same routine their entire lives, most of us can’t. We find it boring. We need a break. After a while in one place, we yearn to break up the monotony of our daily routine. Work, commutes, errands… day in, day out, like ants marching on and on. So we go travel again. We have an adventure, meet new people, try new food, and have new experiences. Maybe be learn, grow, and expand who we are as a person. Maybe we’re away for a week or two or we take a month off. Or we start working remotely and spend months away. But eventually our battery drains: we get tired, and then we head home again. And the cycle repeats. Growing older has made me believe that we can never fully appreciate home or travel without the other. My first years on the road would never have been so amazing if I weren’t trying to break free from a quarter-century of routine. Likewise, my bed never would have felt so good had I not spent so many years on the move, changing rooms, and having erratic sleep. Nor would I have enjoyed the relief that routine brings had I not spent so many days trying to navigate the stresses of the world for so long. The joy of one is amplified by the other. Travel and home are two sides to the same coin. I appreciate each more now than when I was younger, because I get to experience both on my own terms. I’m not trying to run away from either or go to an extreme anymore. I simply follow their ebb and flow and let the battery of life dictate when one or the other happens. And I think that is a wisdom that only comes with age — and experience. How to Travel the World on $75 a DayMy New York Times best-selling book to travel will teach you how to master the art of travel so that you’ll get off save money, always find deals, and have a deeper travel experience. It’s your A to Z planning guide that the BBC called the “bible for budget travelers.” Click here to learn more and start reading it today! Book Your Trip: Logistical Tips and Tricks Book Your Flight Find a cheap flight by using Skyscanner. It’s my favorite search engine because it searches websites and airlines around the globe so you always know no stone is being left unturned. Book Your Accommodation You can book your hostel with Hostelworld. If you want to stay somewhere other than a hostel, use Booking.com as it consistently returns the cheapest rates for guesthouses and hotels. Don’t Forget Travel Insurance Travel insurance will protect you against illness, injury, theft, and cancellations. It’s comprehensive protection in case anything goes wrong. I never go on a trip without it as I’ve had to use it many times in the past. My favorite companies that offer the best service and value are: SafetyWing (best for budget travelers) World Nomads (best for mid-range travelers) InsureMyTrip (for those 70 and over) Medjet (for additional evacuation coverage) Want to Travel for Free? Travel credit cards allow you to earn points that can be redeemed for free flights and accommodation — all without any extra spending. Check out my guide to picking the right card and my current favorites to get started and see the latest best deals. Need a Rental Car? Discover Cars is a budget-friendly international car rental website. No matter where you’re headed, they’ll be able to find the best — and cheapest — rental for your trip! Need Help Finding Activities for Your Trip? Get Your Guide is a huge online marketplace where you can find cool walking tours, fun excursions, skip-the-line tickets, private guides, and more. Ready to Book Your Trip? Check out my resource page for the best companies to use when you travel. I list all the ones I use when I travel. They are the best in class and you can’t go wrong using them on your trip. The post Home and Travel: Why You Can’t Appreciate One Without the Other appeared first on Nomadic Matt's Travel Site. View the full article
  2. Happy Monday! With summer on the horizon, I can't help but daydream about sunny destinations where I can work from. In this issue, discover how one country is breathing life into its rural heartlands by welcoming digital nomads, uncover the portable Wi-Fi solution that keeps you online no matter where you roam, and explore the unexpected perks—and hidden pitfalls—of work flexibility. – Maja Our Favorite Articles 💯Spain’s Ambroz Valley Pays $16K to Remote Workers(Condé Nast Traveler)Longing for a Mediterranean climate? Pack your bags and work remotely in Spain! ​Read on​. Life priorities are constantly changing (HR Brew)In a bold “Would You Rather,” some employees picked flexibility over their partners. ​Find out more​. Yes to high-speed internet on the go! (Lifehacker)The essential tool every remote worker needs—in your backpack. ​Learn more​. Freedom requires skilful navigation (Harvard Business Review)A flexible schedule can lead to burnout if not managed effectively. ​Learn more​. This Week's Sponsor 🙌Too many emails? Declutter your inbox with Meco, your home for reading newsletters. Try it for free Remotive Jobs 💼Let's get you hired! These teams are hiring now: 💻 Engineering 👉 ​iOS Developer at Nooro​ (USA only) 👉 ​Senior Data Scientist at BaxEnergy​ (European timezones) 👉 ​Senior Shopify Developer at Proxify​ (CET +/- 3 HOURS) 👉 ​Senior Ruby on Rails Developer at Proxify​ (CET +/- 3 HOURS) 👉 ​Odoo Developer at YouNav​ (Europe) 👉 ​Senior Microsoft PowerBI Developer at Proxify​ (CET +/- 3 HOURS) 👉 ​Senior Independent Software Developer at A.Team​ (Americas, Europe, Israel) ⌨️ DevOps / Sysadmin 👉 ​Senior Site Reliability Engineer at BaxEnergy​ (European timezones) 🎨 Design 👉 ​Senior Independent UX/UI Designer at A.Team​ (Americas, Europe, Israel) Free Guides & Tools ​Public Job Board​We curate 2,000 remote jobs so you don't have to! ​Find your remote job →​ ​Exclusive Webinar​3 Mistakes to Avoid When Looking For A Remote Startup Job (And What To Do Instead) ​Register for free →​ ​Job Search Tips​Looking for a remote job? Here are our tips to help you work remotely ​Check it out →​ Join the Remotive newsletter Subscribe to get our latest content by email. Success! Now check your email to confirm your subscription. There was an error submitting your subscription. Please try again. Email address Subscribe Powered by ConvertKit View the full article
  3. Ever started a "fun project" that accidentally turned into your dream business? (And then realized running it might be draining your soul?) Nienke Nina talks with Lavinia, founder of The Offsite - a travel experience business born from a single trip with friends that has now grown to 25 trips across four continents. They dive deep into the messy reality of building a freedom business while actually maintaining your freedom. If you've ever struggled with delegation, finding your own rhythm, or balancing your energy while pursuing big dreams, this episode strips away the Instagram filter to show what sustainable success really looks like. Support the show 💛 💛 💛 RECOURSES & LINKS 💛 💛 💛 🥰 REVIEW THE PODCAST 🥰 and get instant access to Nienke Nina's Aligned Freedom Business: GROWTH BOOSTER FRAMEWORK for free! (VALUE €1347) 🔗 visit www.digitalnomadsdaily.com/review Loving our Freedom Lifestyle content? 🥹 Get the Freedom Lifestyle Booster Unfiltered Newsletter (100% free)! Enjoy support, freedom strategies & tactics, special tips to build your aligned freedom business & real talk ✅ 🔗 Get our newsletter via www.digitalnomadsdaily.com/newsletter
  4. Ever started a "fun project" that accidentally turned into your dream business? (And then realized running it might be draining your soul?) Nienke Nina talks with Lavinia, founder of The Offsite - a travel experience business born from a single trip with friends that has now grown to 25 trips across four continents. They dive deep into the messy reality of building a freedom business while actually maintaining your freedom. If you've ever struggled with delegation, finding your own rhythm, or balancing your energy while pursuing big dreams, this episode strips away the Instagram filter to show what sustainable success really looks like. Support the show 💛 💛 💛 RECOURSES & LINKS 💛 💛 💛 🥰 REVIEW THE PODCAST 🥰 and get instant access to Nienke Nina's Aligned Freedom Business: GROWTH BOOSTER FRAMEWORK for free! (VALUE €1347) 🔗 visit www.digitalnomadsdaily.com/review Loving our Freedom Lifestyle content? 🥹 Get the Freedom Lifestyle Booster Unfiltered Newsletter (100% free)! Enjoy support, freedom strategies & tactics, special tips to build your aligned freedom business & real talk ✅ 🔗 Get our newsletter via www.digitalnomadsdaily.com/newsletter
  5. Ever started a "fun project" that accidentally turned into your dream business? (And then realized running it might be draining your soul?) Nienke Nina talks with Lavinia, founder of The Offsite - a travel experience business born from a single trip with friends that has now grown to 25 trips across four continents. They dive deep into the messy reality of building a freedom business while actually maintaining your freedom. If you've ever struggled with delegation, finding your own rhythm, or balancing your energy while pursuing big dreams, this episode strips away the Instagram filter to show what sustainable success really looks like. Support the show 💛 💛 💛 RECOURSES & LINKS 💛 💛 💛 🥰 REVIEW THE PODCAST 🥰 and get instant access to Nienke Nina's Aligned Freedom Business: GROWTH BOOSTER FRAMEWORK for free! (VALUE €1347) 🔗 visit www.digitalnomadsdaily.com/review Loving our Freedom Lifestyle content? 🥹 Get the Freedom Lifestyle Booster Unfiltered Newsletter (100% free)! Enjoy support, freedom strategies & tactics, special tips to build your aligned freedom business & real talk ✅ 🔗 Get our newsletter via www.digitalnomadsdaily.com/newsletter
  6. Note: The following article was published in the June 01 issue of Simplify Magazine. Real financial freedom isn’t about affording everything—it’s about realizing you don’t need everything. In 2008, Memorial Day weekend promised beautiful weather—not always the case in Vermont at that time of year. So my wife, Kim, and I decided to spend the Saturday doing some shopping, running errands, and tackling our spring cleaning. Our garage was the first target. That morning, as Kim and our infant daughter slept in, I made breakfast for our five-year-old son, Salem, and then brought him outside to help. But as soon as we started pulling out the bins, he rediscovered his summer toys and ran for the backyard. Before leaving, he asked, “Will you play with me, Dad?” “Not now, buddy. I’ll come play as soon as I finish, I promise.” But as the hours wore on, that promise felt more and more out of reach. I was knee-deep in stuff—cleaning it, organizing it, moving it from one side of the driveway to the other. Salem returned a few more times, asking again and again for me to join him. At one point, our neighbor June, an elderly woman with a garden trowel in hand, watched me struggling with the clutter. She smiled and said, “That’s why my daughter’s a minimalist. She keeps telling me I don’t need to own all this stuff.” The sentence stopped me in my tracks. I looked at the heap in the driveway. I looked at my son, alone in the backyard. And I realized, for the first time, the stuff I owned wasn’t just taking up space in my garage. It was taking something far more valuable: my time, my energy, my attention—and in that moment, my opportunity to play catch with my son. That was the beginning of a journey toward minimalism for our family. And that one realization didn’t just change the way we saw our home. It changed the way we saw everything, including money. For many, financial independence is defined by the ability to buy whatever we want, whenever we want. A new car. A kitchen remodel. A spontaneous weekend trip. We equate freedom with consumption, assuming that if nothing is out of reach financially, then we must be doing well. But what if we’ve been aiming at the wrong target? What if real financial freedom isn’t found in the ability to buy anything but in the realization that we don’t need to? That shift—simple but profound—has reshaped the way I think about money, success, and what it truly means to be financially free. The Prosperity Paradox Here’s the problem: the more money we have, the more money we think we need. The solution the world is offering—earn more and then one day you’ll feel secure—is the exact opposite of what we need. This is what I call the Prosperity Paradox. Our relationship with money is one of the most defining—and often confusing—relationships we have. We earn it, save it, spend it, chase it, worry about it, and sometimes even fight over it. Some describe money as a tool—and it is. But it is also something more. It is emotional, powerful, and deeply tied to our sense of well-being. Consider this: 77% of people in the wealthiest country on earth report feeling anxious about money.[1] And more than 70% say their desire for more money influences their daily decisions.[2] That’s not just a tool. That’s something that touches our heart and mind in profound ways. The Prosperity Paradox says this: The more money we have, the more money we believe we need. This isn’t theory—it’s backed by data. Empower recently surveyed Americans and found that those making over $200,000 a year said they would need an additional $150,000 annually to feel financially comfortable.[3] Charles Schwab, in another study, found that 87% of millionaires don’t consider themselves wealthy.[4] We can see this in how people define what it means to be “rich.” For many, the word “millionaire” signals success. But the closer one gets to that number, the less likely they are to view it as true wealth. In fact, millionaire status is now considered by many to be “just getting started.” This paradox plays out again and again: retirement targets growing as net worth increases, happiness tied to ever-larger income brackets, and comfort levels that seem always out of reach. The more we accumulate, the more we convince ourselves we need. Even John D. Rockefeller, once the richest man in the world, when asked how much money is enough, famously replied, “Just a little bit more.” If our goal to achieve financial freedom is simply to accumulate more money, we will never arrive. The finish line keeps moving. That’s why this realization—that needing less is more powerful than earning more—changes everything. Becoming Minimalist But that raises the important question: if the common approach to financial independence doesn’t deliver on its promise, what does? For me, the answer came that very weekend in 2008, when my neighbor June introduced me—almost accidentally—to the idea of minimalism. Her words sparked a realization that would change the way I viewed not just my possessions, but money itself. Real freedom doesn’t come from purchasing power—it comes from the realization that we don’t need more in the first place. And once we stop needing more, we stop spending more. That’s when everything changes. That’s when peace and clarity show up—not in having more, but in finally wanting less. When we own less, we begin to see how little we truly need. And when we stop needing more, we stop spending more. Suddenly, financial independence doesn’t feel like something reserved for the wealthy—it feels possible, right now, with what we already have. Minimalism helped reveal this truth to me. The less I owned, the less I needed. The less I needed, the less I spent. The less I spent, the freer I felt. And with every unnecessary item I removed from my home, I began to remove financial pressure from my life. Abundance in Less It’s understandable why “spend less” is a hard sell. For most of our lives, we’ve been conditioned to think that spending less is a sacrifice. In a culture that defines success by accumulation, the idea of buying less sounds like going backward. That’s certainly what I used to believe—until I actually tried it. I made the intentional decision to own less and buy less. And it remains one of the best decisions I’ve ever made. It didn’t just improve my finances; it improved nearly every part of my life. Owning less meant fewer things to clean, maintain, insure, and replace. It meant fewer distractions and more focus. And it meant I could put my time, money, and energy toward the things that actually matter. Life didn’t get smaller when I started spending less. It got bigger. I had more freedom, not less. More clarity. More purpose. And I found myself more present in the things that bring lasting fulfillment—my family, my faith, and the opportunity to help others. In short, spending less didn’t feel like I was depriving myself. It felt like I was discovering greater abundance—in the truest sense of the word. And here’s what’s most important: this isn’t just possible for a few. It’s available to all of us. Financial freedom doesn’t begin with acquiring more money. It begs with having less desire for money. Becoming Content This isn’t to suggest that money doesn’t matter. It does. Money provides shelter, food, warmth, and care. It can be used to do good in the world. It can bring stability and security. But money alone doesn’t bring freedom. Contentment does. The Harvard Business Review published a study by Ashley Whillans showing that people who prioritize time over money report significantly greater well-being—more fulfilling relationships, more joy, and more satisfaction. Contentment, not accumulation, is the key.[5] Contentment isn’t about settling for less. It’s about appreciating what already is. It allows us to stop chasing “more” and start building a life that aligns with what matters most. Here are some principles that can help bring this new vision of financial independence closer: Define what is truly “enough.” Rather than letting culture or comparison dictate our financial goals, we can take time to define what we genuinely need to live a meaningful life. And often that number is far less than expected. Lower fixed costs where possible. Housing and transportation are two of the largest expenses for most households. Downsizing or driving a paid-off car can create breathing room in the budget—and in the soul. Break the habit of lifestyle inflation. When income increases, it’s easy to spend more. But each upgrade delays freedom. Choosing instead to let increased income create margin, not upgrades, moves us closer to peace. Find joy in simplicity. A home-cooked meal, a walk around the block, a quiet evening—these are often the richest moments. And they don’t cost very much. Be generous. Generosity interrupts the cycle of always needing more. It reminds us that abundance is not about accumulation but about impact. And it grows contentment every time it’s practiced. Avoid the comparison trap. Someone else will always have more. But comparison is a thief—of joy, of gratitude, and of purpose. Financial independence isn’t about outperforming others. It’s about being free from the need to. Make a Choice When we stop tying freedom to a number and begin tying it to values, everything begins to shift. We stop asking, “How much do I need to be free?” and start asking, “What can I remove that’s keeping me from freedom today?” That’s the realization that changes everything. Financial independence becomes less about someday and more about today. It becomes less about stock market returns and more about a satisfied heart. It becomes less about accumulation and more about intentionality. And slowly we begin to see that maybe the finish line was closer than we thought. In the end, we all want the same thing: to live with peace, to care for the people we love, and to spend our days on what matters most. And maybe—just maybe—that future begins not with a raise or a windfall but with a decision. To own less. To want less. And to walk in freedom now, not later. The post The One Realization That Can Change Everything About Your Finances appeared first on Becoming Minimalist. View the full article
  7. Effective team innovation strategies are based on three things: communication, visibility, and momentum. Innovation gets a lot of lip service. We’re told to “think outside the box,” “move fast and break things,” and “fail forward”, which are all very exciting and vaguely exhausting concepts. However, the reality is that it’s not a motivational poster that The post Innovation doesn’t happen in a vacuum (unless your team works in space) appeared first on RescueTime Blog. View the full article
  8. My desire with each Weekend Reads is to provide you with articles and posts that encourage simplicity and minimalist living. Below, you will find links to blog posts and news stories that I hand-picked over the last couple weeks. I hope you find inspiration and practical help inside them. That is my goal on Becoming Minimalist: to intentionally promote simplicity in a world that needs to hear it. Finding Calm in Complexity | Linkedin by Robert Waldinger. A simple mind shift allows us to come home to ourselves, even briefly, throughout our busy days. The American dream is no longer buying a house—it’s paying off debt | AOL by Sydney Lake. About one-third of Gen Zers say they’re financially underwater due to inflation, high interest rates, and stagnant wages. 25 Things I Won’t Be Purchasing in 2025 (to Save Money & Avoid Clutter) | The Simplicity Habit by Julianna Poplin. To avoid overspending and prevent clutter from coming into your home, it takes thought, planning, and intentionality. From Comparison to Contentment | No Sidebar by Heather Spiva. When we compare what we have to what others have and what we think we should have, it pushes us into an emotional downward spiral. And it’s brutal. 10 Tiny Money Habits That Will Change Your Life in a Year or Less | Simple Money by Richard James. Small leaks sink big ships. Recently Released Inspiring Videos 15 Places to Apply the Pareto Principle to Help Minimize | YouTube by Joshua Becker. As soon I heard the Pareto principle, it felt like a lightbulb moment. I began noticing it everywhere. Soon, it was about more than numbers and statistics (or even the exact percentages.) It became a new lens through which to see my excess possessions. The Most Important Home Buying Advice You’ll Ever Hear | YouTube by Joshua Becker. Buying a home is a very personal decision that weighs a large number of factors. And only you know all the variables for making that decision. But too often, the most important piece of home buying advice we need is the one we never hear. The post Inspiring Simplicity. Weekend Reads. appeared first on Becoming Minimalist. View the full article
  9. Meeting Owl pairing is a key component to unlocking a smart, immersive, and expansive collaboration experience. Whether you're setting up a Meeting Owl 4+ with a Meeting Owl 3 or pairing your Meeting Owl with an Owl Bar, the following tips will help ensure the best Meeting Owl pairing experience for your ideal hybrid room setup. View the full article
  10. We are thrilled to introduce our new “Modes” feature — a powerful new way to take control of your Meeting Owl’s camera, giving you more control and flexibility over every meeting. But with great power comes great responsibility... to choose the right mode for your meeting! View the full article
  11. Ever had a nightmare meeting? You know the one. The one where a coworker is clearly scrolling through social media on their video call, another is loudly eating their lunch right into the microphone, or someone in the conference room whispers to the person next to them, forgetting that the remote attendees can hear everything. Luckily, understanding modern meeting etiquette for blended work environments doesn't have to be difficult. View the full article
  12. Pairing your Meeting Owl devices efficiently is the foundation for a smooth, immersive experience in any hybrid meeting room. Whether you’re setting up two Meeting Owls or connecting your Owl Bar and Whiteboard Owl, following best practices will save time, eliminate delays, and create a more collaborative environment. Here is the ultimate checklist for seamless device pairing with your Meeting Owl. View the full article
  13. In the landscape of modern work, the stage has changed. For many, the fear of public speaking has evolved from standing in front of a crowded room to speaking into the quiet void of a video conference. If you've ever felt the awkwardness of presenting to a grid of muted icons, unsure if your message is landing, you're not alone. The lack of immediate audience feedback is one of the biggest challenges of the digital age. View the full article
  14. Estimates suggest that within the next two years, freelancers will make up more than half of the total US workforce. There are several reasons people pursue independent work, but most of them boil down to a single word: flexibility. Freelancers have unprecedented flexibility in choosing what kind of work they do, who they work with, The post Freelance freedom: Creating a career with productivity, flexibility, and balance appeared first on RescueTime Blog. View the full article
  15. In 2021, at the height of the pandemic, when the world was on lockdown and me and a few of my friends were living our best lives in Bali, amidst the euphoria, I threw caution to the wind and, against my more conservative investment nature, “bought” a little piece of land in Bali. The goal ... Read moreView the full article
  16. In today's hybrid work environment, smooth and immersive meeting experiences are no longer a luxury but a necessity. Owl Labs devices are designed to deliver just that, and with features like Owl pairing, you can expand audio and video reach across your meeting spaces for even greater collaboration. This guide will walk you through wirelessly pairing multiple Owl devices, troubleshooting common issues, and ensuring seamless compatibility with your favorite video conferencing platforms, like Zoom, Microsoft Teams, and Google Meet. View the full article
  17. Key Takeaways Cultural Integration: Native American entrepreneurs successfully blend traditional values with modern business strategies, creating unique enterprises that honor their heritage while addressing community needs. Challenges: Access to capital and complex legal frameworks present significant hurdles for Native American entrepreneurs, impacting their ability to secure funding and navigate business registration. Market Opportunities: Key sectors such as telecommunications, e-commerce, sustainable products, and tourism offer diverse opportunities for Native American entrepreneurs to thrive while fostering community engagement. Support Networks: Tribal support programs and government initiatives provide essential resources, mentorship, and financial assistance, helping entrepreneurs overcome challenges and achieve sustainability. Success Stories: Inspiring examples, like the Turtle Mountain Band of Chippewa’s business incubator and Lila H. Hair Products, showcase resilience, creativity, and the potential for growth within Native American entrepreneurship. Community Empowerment: The focus on fostering entrepreneurship not only drives economic growth but also revitalizes cultural identity and pride within Native American communities. Native American entrepreneurs are reshaping the business landscape with innovative ideas and a deep connection to their heritage. As they navigate challenges unique to their communities, these trailblazers are not just building successful enterprises but also fostering economic growth and cultural revival. Their stories inspire and highlight the resilience and creativity that define Native American entrepreneurship. In a world where diversity drives success, understanding the journeys of these entrepreneurs is essential. They blend traditional values with modern business strategies, creating a unique approach that resonates with consumers. By supporting Native American businesses, you contribute to a more inclusive economy while discovering products and services that reflect rich cultural narratives. Overview Of Native American Entrepreneurs Native American entrepreneurs play a pivotal role in reshaping both cultural and economic landscapes. These individuals often blend traditional values with modern business practices, creating unique business models that resonate with their communities. Many entrepreneurs leverage their rich cultural heritage to develop innovative products and services, focusing on sustainable practices and community engagement. This approach not only addresses specific market needs but also fosters a sense of pride and identity. Understanding the typical challenges faced by Native American entrepreneurs is crucial. Access to funding remains a significant barrier; many seek out options like crowdfunding, angel investors, or business grants to support their startups. Navigating the complex landscape of business registration, including choosing legal structures like LLCs or sole proprietorships, often requires strategic planning. Market research plays a vital role in shaping their business ideas. Entrepreneurs identify target audiences and develop tailored marketing strategies, utilizing online platforms and social media to increase visibility. Effective branding and digital marketing help build a strong customer base, crucial for growth and sustainability. Partnerships and collaborations enhance resources and expertise, enabling entrepreneurs to expand their reach. Mentorship from experienced business coaches provides valuable insights, guiding new entrepreneurs in areas such as finance, sales, and customer service. Ultimately, Native American entrepreneurs exemplify resilience and creativity. Their journey reflects a dedication to not just building businesses, but also empowering their communities. Historical Context Understanding the historical context of Native American entrepreneurship reveals the foundation of business practices among these communities. Recognizing the unique journey of Native American entrepreneurs offers insights into their approach to modern business challenges. Impact Of Colonization Colonization significantly disrupted traditional economic systems among Native Americans. European settlers imposed new trade dynamics, forcing tribes to navigate a changing landscape. Native Americans transitioned from self-sufficient economies to ones shaped by external influences, often relying on European goods. This shift impacted their access to resources and knowledge needed for business development. Many Native entrepreneurs today draw on historical resilience, adapting to these challenges by developing sustainable business models that honor their cultural heritage. Traditional Methods Of Trade Traditional trade among Native American societies showcased complex networks well before European contact. Communities engaged in agriculture, tool production, and a diverse range of trade activities, ensuring the survival of their tribes. For instance, the Nuu-chah-nulth and Haida peoples established extensive trade links along the Northwest Coast. The exchange of goods emphasized community collaboration and relationship-building, laying the groundwork for contemporary Native entrepreneurs. You can see parallels in today’s business models, where partnerships, networking, and community-driven strategies remain essential components for growth and customer acquisition in small businesses. Modern Native American Entrepreneurship Modern Native American entrepreneurship thrives on cultural heritage while addressing unique challenges. Entrepreneurs in these communities leverage traditional values and contemporary business practices to create innovative products and services. Key Sectors Of Business Native American entrepreneurs diversify their ventures across various sectors, focusing on opportunities that resonate with their communities: Telecommunications: Companies like Turtle Island Communications provide reliable broadband and consulting services to tribal nations. They play a crucial role in enhancing infrastructure in underserved regions. E-commerce: Many Native American entrepreneurs engage in online business, capitalizing on digital marketing and SEO strategies to reach wider audiences. This sector allows them to market cultural products effectively. Sustainable Products: Entrepreneurs often develop business models centered on sustainability, utilizing local resources while promoting environmental consciousness. This aligns with traditional practices and attracts eco-friendly consumers. Tourism and Hospitality: Tribal-owned businesses in hospitality create immersive experiences for visitors. They combine cultural education with tourism, enhancing community engagement and revenue. Success Stories Numerous Native American entrepreneurs exemplify resilience and growth. Their stories inspire and demonstrate how you can overcome barriers: Turtle Mountain Band of Chippewa’s First Nations Development Institute: They launched a business incubator to foster startups, offering mentorship and resources. This initiative supports entrepreneurs navigating funding and business registration. Eddie Brown of Brown Navigation: This entrepreneur succeeded in federal contracting, emphasizing the importance of market research and networking. His journey reflects the potential for Native American businesses in competitive industries. Lila H. Hair Products: Founded by a Navajo entrepreneur, Lila H. uses traditional recipes in her products, showcasing cultural heritage while tapping into the beauty market. Her brand’s growth emphasizes effective branding and product development. These examples illustrate the dynamic landscape of Native American entrepreneurship, where innovative business ideas emerge, and community-building remains central. By focusing on your strengths and understanding the market, you can forge pathways similar to these successful entrepreneurs. Challenges Faced By Native American Entrepreneurs Native American entrepreneurs encounter several challenges that significantly impact their ability to establish and grow successful businesses. Understanding these challenges is crucial for developing effective strategies. Access To Capital Accessing capital remains a substantial barrier for many Native American entrepreneurs. Securing loans often involves restrictive criteria, resulting in small amounts that don’t adequately support business growth. Many entrepreneurs rely on bootstrapping or personal savings, which strains their financial resources. Limited access to venture capital exacerbates these issues, making it challenging for startups to attract substantial funding. Solutions like crowdfunding may offer alternative paths, yet many still struggle to find viable funding options that align with their business model. Navigating Legal Frameworks Navigating legal frameworks poses another critical challenge for Native American entrepreneurs. The unique land ownership structures in Indian Country complicate business registration and financing options. Land often held in federal trust cannot serve as collateral for loans, impeding access to essential capital. Understanding the legal structure for your business—whether an LLC, sole proprietorship, partnership, or corporation—remains crucial for compliance and protection. Seeking legal advice can clarify the complexities of permits, licensing, and taxes, enabling you to focus on building your venture. Engaging in mentorship from experienced entrepreneurs can streamline this process, enhancing your growth strategy and ensuring long-term success. Support Systems And Resources Native American entrepreneurs encounter various challenges, but several support systems provide essential resources to foster business success. Tribal Support Programs Tribal support programs offer targeted assistance for Native American entrepreneurs. These programs often help with business planning, funding options, and navigating the unique legal structures involved in starting a business. Resources may include access to mentorship from experienced business coaches and workshops focused on crucial aspects such as marketing, finance, and branding. Many tribes also operate business incubators to nurture startups within their communities. These incubators provide valuable networking opportunities and access to resources, including legal advice and assistance with business registration. Collaborating with other entrepreneurs enhances your growth strategy and builds a supportive community for your venture. Government Initiatives Government initiatives play a vital role in facilitating the success of Native American businesses. Programs such as the U.S. Small Business Administration (SBA) offer funding options specifically designed for entrepreneurs on tribal lands. These options include loans, grants, and specialized training programs that focus on developing a solid business model. Additionally, certain federal and state programs provide assistance with taxes, accounting, and financial management tailored to the unique needs of Native American entrepreneurs. Engaging with these initiatives can simplify your startup process and ensure compliance with regulatory requirements. Connecting with these support systems and government programs enhances your ability to secure funding, develop a comprehensive business plan, and access the resources necessary for sustainable growth. Conclusion Native American entrepreneurs are not just reshaping their communities; they’re redefining the entire business landscape. By merging traditional values with modern practices, they’re creating unique enterprises that resonate deeply with consumers. Supporting these businesses means engaging with rich cultural narratives and fostering an inclusive economy. As you explore the world of Native American entrepreneurship, consider the resilience and creativity these entrepreneurs exemplify. By understanding their journeys and the challenges they face, you can play a role in promoting their growth and success. Embrace the opportunity to connect with these innovative leaders and support their impactful contributions to both culture and commerce. Frequently Asked Questions What is the focus of the article on Native American entrepreneurship? The article highlights how Native American entrepreneurs are reshaping the business landscape with innovative ideas rooted in their cultural heritage. It discusses their unique challenges, successful business strategies, and the positive impact they have on economic growth and cultural revival. Why is cultural heritage important for Native American entrepreneurs? Cultural heritage informs their business models and branding, enabling them to create products and services that resonate with their communities. This connection helps preserve traditional values while also appealing to a broader consumer base. What challenges do Native American entrepreneurs face? They often encounter barriers like limited access to funding, complex business registration processes, and restrictive loan criteria. These challenges can hinder their ability to start and grow successful businesses. How can Native American entrepreneurs access support resources? Various support systems exist, including tribal assistance programs, business incubators, and government initiatives from organizations like the U.S. Small Business Administration. These resources provide mentorship, funding options, and networking opportunities. What sectors are Native American entrepreneurs involved in? They have diversified their ventures across numerous sectors, including telecommunications, e-commerce, sustainable products, and tourism, showcasing the broad scope of their entrepreneurial efforts. How does history influence modern Native American entrepreneurship? The historical context of colonization has impacted traditional economic systems and trade practices. Today, many Native entrepreneurs draw on this resilience to create sustainable business models that honor their heritage. What role does community engagement play in their businesses? Community engagement is vital for building trust and customer loyalty. Native American entrepreneurs often focus on collaborative methods and relationship-building, which are deeply rooted in their cultural practices. Can you give examples of successful Native American businesses? Success stories include initiatives like the Turtle Mountain Band of Chippewa’s business incubator and individual entrepreneurs such as Eddie Brown and Lila H. Hair Products, highlighting innovative and culturally rich business endeavors. How can Native American entrepreneurs overcome funding challenges? Entrepreneurs can improve their chances of securing funding by engaging with support programs, honing their business plans, and seeking mentorship to navigate financial complexities effectively. Image Via Envato This article, "Empowering Native American Entrepreneurs: Transforming Business with Cultural Heritage" was first published on Small Business Trends View the full article
  18. Private sector hiring slowed sharply in May, with just 37,000 jobs added, according to the latest ADP National Employment Report released Wednesday. The monthly data, produced by ADP Research Institute in collaboration with the Stanford Digital Economy Lab, also shows annual pay rose 4.5% compared to the same time last year. “After a strong start to the year, hiring is losing momentum,” said Dr. Nela Richardson, chief economist at ADP. “Pay growth, however, was little changed in May, holding at robust levels for both job-stayers and job-changers.” The May increase in private employment marks the lowest hiring pace since March 2023. Jobs in the goods-producing sector declined by 2,000, driven by losses in natural resources and manufacturing. Construction was the lone goods sector with growth, adding 6,000 jobs. Service-providing industries added 36,000 positions, led by leisure and hospitality (+38,000), financial activities (+20,000), and information services (+8,000). Losses were recorded in professional and business services (-17,000) and education and health services (-13,000). Regionally, the West posted the largest gain (+37,000), while the Northeast recorded a loss of 19,000 jobs, primarily from a 16,000-job drop in New England. The South declined by 5,000 jobs, with steep losses in the West South Central subregion (-44,000). Employment by establishment size was mixed. Medium-sized businesses (50–249 employees) added 49,000 jobs. Small businesses lost 13,000, and large firms shed 3,000 jobs. In terms of pay, annual growth for workers who stayed in their jobs held at 4.5%, while those who changed jobs saw a 7.0% increase—unchanged from April. Job-stayers in financial activities saw the highest year-over-year pay increase at 5.2%, followed by leisure and hospitality at 4.8%. Among firm sizes, medium and large companies offered the strongest wage growth, at 4.8% and 4.9%, respectively. The report is based on aggregated payroll data from over 25 million U.S. employees. April’s previously reported job growth total was revised downward from 62,000 to 60,000. Additional employment and wage data are available at www.adpemploymentreport.com. This article, "Private Sector Adds 37,000 Jobs in May, Pay Growth Holds Steady at 4.5%" was first published on Small Business Trends View the full article
  19. Private sector hiring slowed sharply in May, with just 37,000 jobs added, according to the latest ADP National Employment Report released Wednesday. The monthly data, produced by ADP Research Institute in collaboration with the Stanford Digital Economy Lab, also shows annual pay rose 4.5% compared to the same time last year. “After a strong start to the year, hiring is losing momentum,” said Dr. Nela Richardson, chief economist at ADP. “Pay growth, however, was little changed in May, holding at robust levels for both job-stayers and job-changers.” The May increase in private employment marks the lowest hiring pace since March 2023. Jobs in the goods-producing sector declined by 2,000, driven by losses in natural resources and manufacturing. Construction was the lone goods sector with growth, adding 6,000 jobs. Service-providing industries added 36,000 positions, led by leisure and hospitality (+38,000), financial activities (+20,000), and information services (+8,000). Losses were recorded in professional and business services (-17,000) and education and health services (-13,000). Regionally, the West posted the largest gain (+37,000), while the Northeast recorded a loss of 19,000 jobs, primarily from a 16,000-job drop in New England. The South declined by 5,000 jobs, with steep losses in the West South Central subregion (-44,000). Employment by establishment size was mixed. Medium-sized businesses (50–249 employees) added 49,000 jobs. Small businesses lost 13,000, and large firms shed 3,000 jobs. In terms of pay, annual growth for workers who stayed in their jobs held at 4.5%, while those who changed jobs saw a 7.0% increase—unchanged from April. Job-stayers in financial activities saw the highest year-over-year pay increase at 5.2%, followed by leisure and hospitality at 4.8%. Among firm sizes, medium and large companies offered the strongest wage growth, at 4.8% and 4.9%, respectively. The report is based on aggregated payroll data from over 25 million U.S. employees. April’s previously reported job growth total was revised downward from 62,000 to 60,000. Additional employment and wage data are available at www.adpemploymentreport.com. This article, "Private Sector Adds 37,000 Jobs in May, Pay Growth Holds Steady at 4.5%" was first published on Small Business Trends View the full article
  20. Futuri, a leader in AI-powered content and sales intelligence tools for media, has unveiled a major expansion to its SpotOn platform with the launch of SpotOn Video, a new tool that enables radio, advertising, and television professionals to generate short-form branded video ads in minutes. This innovation allows media sellers to instantly produce high-quality 15-second video spots—ideal for social media, websites, and digital campaigns—without any video production expertise or specialized hardware. SpotOn Video is currently in beta testing, with a limited number of early users already gaining access. The company has opened a waitlist for additional media sellers and agencies interested in the tool. “SpotOn has generated over 100,000 audio spec spots since it launched in 2023. We’ve been on a mission to help ad execs bring creative ideas to life fast,” said Daniel Anstandig, CEO of Futuri. “Now, with SpotOn’s new video feature, we’re giving media sellers the ability to show what’s possible and unlock bigger opportunities faster across digital platforms.” SpotOn Video expands on the original SpotOn platform by combining AI-generated video with audio, branding, call-to-action screens, and editing prompts in one workflow. Sales teams simply enter a business name and URL, and the platform generates a fully produced video spot with lifelike AI visuals and customizable elements. According to Futuri, the tool enables ad professionals to pitch campaigns quickly with agency-quality visuals, even without prior video editing experience. With the growing demand for digital-first advertising, SpotOn Video is positioned as a solution to the challenges media sellers face when pitching campaigns across multiple platforms. The tool allows sellers to: Deliver short-form spec ads that add visual impact to proposals Showcase campaign ideas for digital, social, and streaming media Prepare campaign previews and mockups quickly Support local businesses with polished ad content ready in minutes The tool is designed for speed and ease of use, distinguishing itself from complex TV production and long-form editing platforms. SpotOn Video simplifies the creative process while providing high-impact visuals that can boost client engagement and close deals faster. SpotOn Video complements the existing SpotOn audio platform and integrates seamlessly into current sales workflows. Futuri says the new feature offers a strategic edge in competitive media sales by enabling sellers to present multimedia campaigns on demand. Current SpotOn clients and Futuri partners can request early access to the video feature and training materials through their Account Executive or Partner Success Manager. Interested media professionals can join the waitlist and learn more at FuturiMedia.com/SpotOnVideo. This article, "Futuri Launches SpotOn Video to Help Media Sellers Quickly Create AI-Generated Ads" was first published on Small Business Trends View the full article
  21. Futuri, a leader in AI-powered content and sales intelligence tools for media, has unveiled a major expansion to its SpotOn platform with the launch of SpotOn Video, a new tool that enables radio, advertising, and television professionals to generate short-form branded video ads in minutes. This innovation allows media sellers to instantly produce high-quality 15-second video spots—ideal for social media, websites, and digital campaigns—without any video production expertise or specialized hardware. SpotOn Video is currently in beta testing, with a limited number of early users already gaining access. The company has opened a waitlist for additional media sellers and agencies interested in the tool. “SpotOn has generated over 100,000 audio spec spots since it launched in 2023. We’ve been on a mission to help ad execs bring creative ideas to life fast,” said Daniel Anstandig, CEO of Futuri. “Now, with SpotOn’s new video feature, we’re giving media sellers the ability to show what’s possible and unlock bigger opportunities faster across digital platforms.” SpotOn Video expands on the original SpotOn platform by combining AI-generated video with audio, branding, call-to-action screens, and editing prompts in one workflow. Sales teams simply enter a business name and URL, and the platform generates a fully produced video spot with lifelike AI visuals and customizable elements. According to Futuri, the tool enables ad professionals to pitch campaigns quickly with agency-quality visuals, even without prior video editing experience. With the growing demand for digital-first advertising, SpotOn Video is positioned as a solution to the challenges media sellers face when pitching campaigns across multiple platforms. The tool allows sellers to: Deliver short-form spec ads that add visual impact to proposals Showcase campaign ideas for digital, social, and streaming media Prepare campaign previews and mockups quickly Support local businesses with polished ad content ready in minutes The tool is designed for speed and ease of use, distinguishing itself from complex TV production and long-form editing platforms. SpotOn Video simplifies the creative process while providing high-impact visuals that can boost client engagement and close deals faster. SpotOn Video complements the existing SpotOn audio platform and integrates seamlessly into current sales workflows. Futuri says the new feature offers a strategic edge in competitive media sales by enabling sellers to present multimedia campaigns on demand. Current SpotOn clients and Futuri partners can request early access to the video feature and training materials through their Account Executive or Partner Success Manager. Interested media professionals can join the waitlist and learn more at FuturiMedia.com/SpotOnVideo. This article, "Futuri Launches SpotOn Video to Help Media Sellers Quickly Create AI-Generated Ads" was first published on Small Business Trends View the full article
  22. Debate about whether artificial intelligence can replicate the intellectual labor of doctors, lawyers, or PhDs forgoes a deeper concern that’s looming: Entire companies—not just individual jobs—may be rendered obsolete by the accelerating pace of AI adoption. Reports suggesting OpenAI will charge $20,000 per month for agents trained at a PhD level spun up the ongoing debate about whose job is safe from AI and whose job is not. “I’ve not seen it be that impressive yet, but it’s likely not far off,” James Villarrubia, head of digital innovation and AI at NASA CAS, told me. Sean McGregor, the founder of Responsible AI Collaborative who earned a PhD in computer science, pointed out how many jobs are about more than just a set of skills: “Current AI technology is not sufficiently robust to allow unsupervised control of hazardous chemistry equipment, human experimentation, or other domains where human PhDs are currently required.” The big reason I polled the audience on this one was because I wanted to broaden my perspective on what jobs would be eliminated. Instead, it changed my perspective. AI needs to outperform the system, not the role Suzanne Rabicoff, founder of the human agency think tank and fractional practice, The Pie Grower, gave me some reading assignments from her work, instead of a quote. Her work showed me that these times are unprecedented. But something clicked in my brain when she said in her writing that she liked the angle of more efficient companies rising instead of jobs being replaced at companies with a lot of tech and human capital debt. Her response to that statement? “Exactly my bet.” Sure, this is the first time that a robot is doing the homework for some college students. However, there is more precedent for robots moving market share than for replacing the same job function across a sector. Fortune 500 companies—especially those bloated with legacy processes and redundant labor—are always vulnerable to decline as newer, more nimble competitors rise. And not because any single job is replaced, but because the foundational economics of their business models no longer hold. AI doesn’t need to outperform every employee to render an enterprise obsolete. It only needs to outperform the system. Case study: The auto industry Take, for example, the decline of American car manufacturers in the late 20th century. In the 1950s, American automakers had a stranglehold on the car industry, not unlike today’s tech giants. In 1950, the U.S. produced about 75% of the world’s cars. But in the 1970s, Japanese automakers pioneered the use of robotics in auto manufacturing. These companies produced higher-quality vehicles at great value thanks to leaner operations that were also more precise. Firms like GM struggled to keep up, burdened by outdated factories and excessive human capital costs—including bloated pensions. The seismic shift in the decades to follow paints a picture of what could be in store for large companies now. In 1960, the U.S. produced about 48% of the world’s cars, while Japan accounted for just 5%. By 1980, Japan had captured around 29% of the market, while the U.S. had fallen to 23%. Today’s AI shakeup could look similar. Decades from now, we could look at Apple similarly to how we look at Ford now. AI startups with more agile structures are poised to eat market share. On top of that, startups can focus on solving specialized problems, sharpening their competitive edge. Will your company shrivel and die? The fallout has already begun. Gartner surveyed organizations in late 2023, finding that about half were developing their own AI tools. By the end of 2024, that dropped to 20%. As hype around generative AI cools, Gartner notes that many chief information officers are instead using outside vendors—either large language model providers or traditional software sellers with AI-enhanced offerings. In 2024, AI startups received nearly half of the $209 billion in global venture funding. If only 20% of legacy organizations currently feel confident competing with these upstarts, how many will feel that confidence as these startups mature? While headlines continue to fixate on whether AI can match PhD-level expertise, the deeper risk remains largely unspoken: Giant companies will shrivel and some may die. And when they do, your job is at risk whether you greet customers at the front desk or hold a PhD in an engineering discipline. But there are ways to stay afloat. One of the most impactful pieces of advice I ever received came from Jonathan Rosenberg, former SVP of products at Google and current advisor to Alphabet, when I visited the company’s campus in college. “You can’t just be great at what you do, you have to catch a great wave. Early people think it’s about the company, then the job, then the industry. It’s actually industry, company, job…” So, how do you catch the AI wave? Ankur Patel, CEO of Multimodal, advises workers to learn how to do their current jobs using AI tools that enhance productivity. He also notes that soft skills—mobilizing people, building relationships, leading teams—will become increasingly valuable as AI takes over more technical or routine tasks. “You can’t have AI be a group leader or team leader, right? I just don’t see that happening, even in the next generation forward,” Patel said. “So I think that’s a huge opportunity…to grow and learn from.” The bottom line is this: Even if the AI wave doesn’t replace you, it may replace the place you work. Will you get hit by the AI wave—or will you catch it? George Kailas is CEO of Prospero.ai. View the full article
  23. Congratulations! You’ve just closed a funding round or hit a major milestone in your company’s journey. Now, it’s time to share this exciting moment with the world. As a founder or company leader, you know how important it is to communicate major news to investors, partners, customers, and other stakeholders. But the steps you take when developing your communications strategy can make or break its true impact. Here is your communications playbook for developing a well-planned strategy that ensures your next milestone attracts the attention of media, employees, partners, and those who matter most. 1. Establish your North Star. As a first order of business, you need to align internally on your goals for this announcement as they relate to your broader business priorities. Determining what success looks like from the beginning is the baseline for developing a strategy that will actually get you there. There’s often an inherent, unintentional disconnect in communications priorities and planning across teams no matter how big or small the company. It’s important to ensure there is internal alignment, so everyone is working toward the same goal—or often, goals (plural). 2. Tap your agency (or agencies) for help. Planning and timing are everything. The sooner you tap your communications agency to support you on this journey, the better. Remember: Most agencies have NDAs, so any confidential information pre-announcement should be secure—and if you have doubts, it’s probably time to revisit that partnership. Best practice would be to update your agency as soon as possible to ensure proper planning, prep and media outreach. Realistically speaking, though, the right partner is there to support you, even—and especially!—in a crunch. This is one of the many reasons why having the right agency partner is so important. You want to feel confident and secure in the choice you’ve made in an agency partner when you’re heading into big moments. Remember, they do this often across multiple clients, and have the war stories to inform their suggested approach. 3. Nail down your narrative. Milestones are perfect opportunities to evaluate your current messaging and ensure it aligns with your evolving business and priorities. Take a moment to update any outdated messaging as part of your broader corporate narrative, and be sure to develop key talking points around this specific announcement. Leverage this moment to share how you’ve progressed as a company and tip your proverbial hat to the future. Also be mindful of the varied audiences you’re trying to reach and tailor your talking points to those specific personas. “Funding announcements, in particular, validate everything you’ve told external audiences—affirming the strength of your business model, the potential for future growth, and the unique value you bring to your industry,” explains Dinh Lai, chief marketing officer at bolt[DA1] , a leading distribution platform for property and casualty insurance. “They’re proof from a third party that has done the due diligence and, most importantly, backed you with their capital.” 4. Develop your media strategy. A strong media strategy is the backbone of your announcement. It’s important to work with your agency to determine which outlets and journalists are going to be most interested in this story and to develop a proper execution plan. Media relations, like much in life, is about balancing urgency with strategy. The more time you allow for proper outreach, the better—particularly as newsrooms evolve and breaking news happens seemingly every second. If you have a compelling story to tell, aim for an exclusive. Exclusives give journalists a reason to prioritize your story by providing early access before the news is shared more broadly. However, you need to ensure you’re giving reporters ample time to do their job. As part of your media strategy, don’t forget to consider ways to get more mileage out of this moment. Leverage the announcement as an opportunity to nurture media relationships for the future and tie back to this milestone in future announcements. 5. Equip your spokespeople. Determine your spokespeople for the announcement and ensure they are aligned on key messaging, so everyone is telling a cohesive story. While consistency is important, it can also be powerful to include a variety of voices and incorporate unique experiences whenever possible. For example, funding announcements and major milestones are an opportunity for the founder or cofounders to share the journey that brought the company to where it is today, while the broader leadership team can speak to how they’re helping to shape its future. Similarly, enlisting partners, investors, or outside experts for third-party validation also can be a powerful addition to your narrative and help attract the attention of the media—particularly if you’re aiming for an exclusive. 6. Leverage your team’s network. Ensure you have a strategy for rolling out this news internally. While building excitement with your team can deepen the impact of your external communications, it’s important to take a balanced approach and avoid oversharing to safeguard against any confidential information being shared before your announcement. After the announcement is live, encourage your team and your broader network to help amplify the news and any resulting media coverage on social media. LinkedIn, for example, is a good connector and a cost-effective way to increase reach and engagement around big moments. “Milestones are not only powerful externally, but they are also a source of pride and confidence internally. Maximize reach by bringing to bear your entire network, including investors and agency partners,” Lai says. 7. Don’t forget to celebrate. And finally, take the time to appreciate this milestone. It’s easy to immediately shift your focus to what’s next or how this announcement could have gone in a different direction. Save that for later—hindsight is 20/20. Acknowledge your wins and celebrate your progress as a team. After all, you’ve come so far! Grace Keith Rodriguez is CEO of Caliber Corporate Advisers. View the full article
  24. The ability to stay connected through technology plays a pivotal role in our everyday lives, but in some areas of our lives we are only beginning to realize the life-saving potential of smart technology. This is particularly true in the world of fire and carbon monoxide (CO) safety, where timing can be the difference between life and death. We know that having working smoke alarms in the home can double the likelihood of safely escaping a house fire. Due to modern synthetic materials and open floor plans, fires today are burning hotter and faster. In an emergency, every second counts. Smart technology that provides real-time notifications and remote monitoring capabilities is emerging as a crucial tool for protecting both lives and property. This is especially vital when we have elderly parents who might not respond quickly to alarms, or beloved pets who can’t communicate their distress when smoke or CO threatens their safety and we’re not at home. Building these smart capabilities into both smoke and CO alarms could help save lives. Stay informed from anywhere with smart tech According to a 2023 survey, 85% of Americans own at least one smart home device. With smart and connected technology becoming a household staple, it is our goal to make sure that safety is prioritized at the same rate as convenience. Families who invest in connected safety devices are not merely adopting the latest trendy gadgets, but are in fact investing in the most efficient way to help protect what matters most—our loved ones and the home we create memories in. The most effective smart safety solutions operate seamlessly in the background of our busy lives, providing peace of mind without requiring constant attention. These systems can alert us to potential dangers whether we’re at home cooking dinner, sleeping upstairs, or traveling around the world. At Kidde, we leaned into this idea when collaborating with Ring to introduce a collection of smart smoke alarms and smoke and CO combination alarms. With built-in Ring technology and an optional monitoring service to help protect homes from anywhere, this connected technology can be used to help save lives and property. But this is just the tip of the iceberg for how connected tech can transform the home safety landscape. Smoke and CO alarms can communicate with other smart devices The integration of smart technology into home fire safety and CO devices is in the process of revolutionizing how we protect our homes. Strategic collaborations present massive opportunities for brands that are willing to combine their expertise and identify avenues for innovation that will put smarter safety solutions into the hands of consumers. Remote alerts and monitoring: Today’s connected smoke and CO alarms can send immediate notifications to smartphones regardless of location, allowing for faster emergency responses even when no one is home. Many systems now offer the option of professional monitoring services that can dispatch emergency services if needed. Interconnected systems: Modern smoke and CO alarms can communicate with each other, ensuring that when one alarm sounds, all alarms in the home activate. This is crucial for multi-story homes where occupants might not hear an alarm on a different floor. The most advanced safety technology doesn’t operate in isolation. Smoke and CO alarms can now communicate and act in conjunction with other smart tech in the home. Regulations help keep consumers safe Despite the many benefits that smarter technology can provide for the fire safety industry, it’s only one piece of the puzzle. Common sense standards and regulations are also necessary to ensure the public health is consistently and equitably protected. Regulations covering fire and life safety technology are key to our safety given that Americans spend roughly 90% of their time indoors. Voluntary standards, which are often adopted into code or incorporated by reference in legislation, are developed in a consensus-driven method by industry experts, firefighters, academia, consumers, and other stakeholders to help set minimum performance requirements for products and services. Our input into this process, alongside key partners, helps us innovate to meet the demands of present and future customers and help keep more people safe. However, consumers are often unaware of safety codes and standards. Recently, Miller Gardner, son of former Yankee Brett Gardner, died from exposure to carbon monoxide, while vacationing in Costa Rica. The U.S. Embassy in Costa Rica underscored these travel safety concerns, noting that “most countries in Latin America, including Costa Rica, do not have widespread laws mandating carbon monoxide detectors. However, some businesses (like hotels) or embassies may voluntarily install them due to safety concerns.” To avoid tragic situations like this, Kidde suggests all travelers take a battery powered CO alarm that fits in their luggage. Ultimately, knowledge of standards and emergency preparedness is perhaps the most important tool anyone can have at their disposal. Because of that simple truth, we’ve made fire and CO safety education one of our core missions to help keep consumers informed. And now, smarter technology is helping consumers have more knowledge than ever about the state of their home. Connected, smart technology can save lives Humans are flawed. We forget things, we mess up, and we assume a home fire will never happen to us. Technology can function like another version of ourselves, always keeping an eye out for our safety. Our partnership with Ring demonstrates how essential and transformative collaboration can be to developing solutions that meet this type of need and make home safety an integral and seamless part of your everyday life. When it comes to the safety of our families and homes, there’s no such thing as being over-prepared. Isis Wu is president of Residential Fire & Safety at Kidde. View the full article
  25. Project sponsors are the senior leadership team members that push the project forward past obstacles most teams struggle with – buy in from the rest of the company, budget approvals, and business reprioritization. In this article, we'll discuss their role in a project and why you may need one. The post What is a Project Sponsor? Their Role and Responsibilities appeared first on The Digital Project Manager. View the full article




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