NFTE Names 17-Year-Old Jose Rodriguez of Providence, Rhode Island Top Young Entrepreneur of 2020

Teen entrepreneurs from around the world vied for $25,000 in prizes at 15th annual National Youth Entrepreneurship Challenge

New York, NY, Oct. 26, 2020 (GLOBE NEWSWIRE) — Network for Teaching Entrepreneurship (NFTE) has announced that 17-year-old Jose Rodriguez of Providence, RI, won the top prize at NFTE’s 15th annual National Youth Entrepreneurship Challenge, presented by Citi Foundation and Ernst & Young LLP (EY US), with support from PayPal. This year’s competition took place online, as 44 young entrepreneurs representing 34 businesses engaged in a virtual “pitch-off” on October 21 and 22. Competitors from Ireland, Israel, Mexico and Singapore joined

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Soapbox cofounder explains how business owners can give back

  • David Simnick cofounded Soapbox, a socially conscious hygiene brand, in 2010, after realizing how effective proper hygiene can be in preventing childhood mortality.
  • The company donates one bar of soap for every Soapbox purchase. 
  • In early March, Soapbox began carrying hand sanitizer. Market demand for available sanitizer super-charged their sales, while straining their supply chain.
  • Now, Soapbox is on track to do 10 times its 2019 revenue, enabling the company to donate more than 5 million bars of soap since August.
  • This article is part of a series called Resources for Resilience, focused on providing tips and inspiration for small
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Futurism Reinforces Its Next-Gen Business Commerce Platform With Advanced Machine Learning and Artificial Intelligence Capabilities | News

PISCATAWAY, N.J., Oct. 14, 2020 /PRNewswire/ –Futurism Technologies, a leading provider of digital transformation solutions, is bringing to life its Futurism Dimensions business commerce suite with additional artificial intelligence and machine learning capabilities. New AI capabilities will help online companies provide an exceptional personalized online customer experience and user journeys. Futurism Dimensions will not only help companies put their businesses online, but would also help to completely digitize their commerce lifecycle. The commerce life cycle includes digital product catalog creation and placement, AI-driven digital marketing, order generation to fulfillment, tracking, shipments, taxes and financial reporting, all from a unified

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In 3 Words, Quibi’s Co-Founder Shows Entrepreneurs How to Handle Failure

You can learn a lot about success from failure. Recruiters often ask job candidates to describe a time they failed, and investors ask the same question of entrepreneurs. In each case, the answers demonstrate whether an entrepreneur has the right mindset for success.

Thinking about failure the right way is a critical step to achieve future success.

On October 22, Quibi co-founders Jeffrey Katzenberg and Meg Whitman appeared on CNBC to announce that they would be shutting down the short-form streaming company for mobile devices. Even critics of the service were surprised that they pulled the service just six months

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RealTalk for Business Growth Launches to Help Women Entrepreneurs Thrive

Hallmarks of the program include: actionable strategies, camaraderie of like-minded women, accountability through implementation and authentic conversations

RealTalk for Business Growth™, a new program providing women entrepreneurs access to pivotal business resources, launched today. Serial entrepreneur, speaker, coach and advocate for women entrepreneurs, Maureen Borzacchiello, conceived the program to bring together growth-minded women entrepreneurs, providing them with educational strategies and plans to help grow and scale their businesses and themselves.

RealTalk for Business Growth™ is uniquely designed to support growth-minded businesses who have success but may be struggling to accelerate it to the next level as they stagnate within

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Qvinci Releases the KPI Scorecard and Several Innovative Business Intelligence Solutions for Accountants, Franchises, Dioceses, Non-Profits and SMBs

AUSTIN, Texas, Oct. 23, 2020 /PRNewswire-PRWeb/ — Qvinci® Software – has released The KPI Scorecard, the latest in the long line of advanced business intelligence, predictive analytics and forecast modeling tools developed by Qvinci, with game-changing capabilities that empowers accountants, franchisors, dioceses, non-profits and SMBs to create:

  • Custom KPIs based on their own ecosystem metrics
  • Consolidated KPIs across a plurality franchises, dioceses, non-profits or single SMBs
  • Compare KPIs to peers of “like-users”
  • Trended comparisons of KPIs year-over-year
  • Conditional formatting indicating movement or trends
  • Comparisons to the “ideal” range of values set by the manager or user
  • Custom accounts based
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GoodData Adds Enhanced Self-Service Capabilities to Drive Business Intelligence Adoption

New CSV Modeling and Cloud Data Warehouse Modeling features increase time-to-value for business intelligence adoption by streamlining data modeling, integration, and onboarding.

SAN FRANCISCO, Oct. 23, 2020 (GLOBE NEWSWIRE) — GoodData, a leading global analytics company, today announces a new set of self-service data integration and modeling capabilities to improve access to business intelligence and drive data-driven decision making for more organizations, faster. Creating a data model is a critical step in any analytics solution, as it translates complex, disorganized data into real-world information. GoodData’s new features make data integration and data modeling faster, simpler, and more streamlined so

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Global Business Intelligence Market to 2025 by Component (Solutions and Services), Solution (Dashboards and Scorecards, Data Integration and ETL), Business Function (Finance, Operation) –

DUBLIN–(BUSINESS WIRE)–The “Business Intelligence Market by Component (Solutions and Services), Solution (Dashboards and Scorecards, Data Integration and ETL), Business Function (Finance, Operation), Industry Vertical (BFSI, Telecom and IT), and Region – Global Forecast to 2025” report has been added to’s offering.

The Global Business Intelligence Market Size to Grow from USD 23.1 Billion in 2020 to USD 33.3 Billion by 2025, at a CAGR of 7.6%

Various factors such as the growing focus on digital transformation, rising investments in analytics, rising demand for dashboards for data visualization, an increase in adoption of cloud, and an increase in

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14 Creative Ways Companies Can Leverage Business Intelligence And Machine Learning

Most business leaders are familiar with the concepts of business intelligence and machine learning and know that these technologies have the potential to revolutionize their business operations. However, many of them don’t know exactly how to leverage these tools to their fullest potential. This intelligence gap can prevent you from capitalizing on countless opportunities. 

The members of Forbes Technology Council are at the forefront of studying and adopting the latest technologies to improve their businesses. If you’re looking for creative uses of business intelligence and machine learning, check out their expert recommendations below.

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Operating as an Entrepreneur vs. a Business Owner

The sheer fact of choosing to be a business owner is a brave and even noble act to be recognized and celebrated. Unfortunately, while business owners can be seen as being entrepreneurial in spirit, in today’s new operating environment of accelerating change, there is a major distinction that needs to be recognized between a “business owner” and an “entrepreneur.” There is a very different mindset and set of behaviors between the two that leads to completely different ways to manage and steer their firms and work with their clients. The difference goes right to the heart of the challenges

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How This Successful Entrepreneur Built His Business

4 min read

Opinions expressed by Entrepreneur contributors are their own.

Finding the story of an entrepreneurial person who is determined to work for his goals leads many people to believe that it is just a matter of luck to achieve success. However, most of these people have had to walk a difficult path to obtain what they have achieved, and it has been their determination that has led them to the top of their dreams. At least, in the case of Alexander Neff, it has been so.

Also known as Xander, this young businessman has gone

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Four Life And Business Lessons For New Entrepreneurs, As Told By A CEO

Liana Zavo is the Founder & CEO of ZavoMedia Group a NYC-based full service public relations, and digital marketing agency.  

In a span of six years, I transitioned from being a celebrity stylist and designer to the CEO of my own public relations and digital marketing agency. It wasn’t easy, but throughout my life, I have learned many valuable lessons on grit, determination and passion that helped get me to where I am today and that I believe can help other entrepreneurs.

Below are my top four business lessons for new entrepreneurs:

Overcome adversities with self-acceptance.

When I was

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Developing A Business Plan? 11 Common Mistakes New Entrepreneurs Make

Research has shown that the businesses that survive the longest are those that have a solid business plan. New entrepreneurs hear this information, but it gets lost in a sea of contradicting tips and tricks. The result is that these entrepreneurs either fail to create a thorough business plan or try to make it do too much.

Many things set good business plans apart from bad ones. The one overarching idea is that the business plan should describe what the business does, how it does it and how it can keep on doing it at a larger scale. Below, 11

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Can You Retire on Only $1,374 Per Month?

According to its most recently published snapshot, the average Social Security recipient gets about $1,519 per month in benefits from the program. From that amount, recipients aged 65 or older generally see at least $144.60 deducted for Medicare Part B premiums. That leaves around $1,374 per month for most retirees who depend on Social Security for their retirement.

That raises a huge question: Is that enough to cover your costs of living? Can you really retire on only $1,374 per month? If you’re relying only on Social Security for your retirement, that’s what you may very well find yourself with.

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Taycan electrifies Porsche’s European, American deliveries

Stuttgart-based marque Porsche announced that its premier all-electric offering, the Taycan, has become their best-selling model in Europe in August and one of their key sales drivers in the US in the third quadrant of 2020.

Based on the UK-based auto industry intelligence supplier JATO Dynamics, as cited by Car Industry Analysis, Porsche rolled out 1,183 units of the Taycan. This comprises 23.4 percent of the carmaker’s 5,046-unit total sales in Europe in August.

Aside from that, the same data showed that Taycan was also among the region’s best-selling models in its segment during the same month.

Meanwhile, the

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Warburg Pincus to invest $95MN (INR 700 CR) in Home First – One of India’s leading affordable housing finance companies

MUMBAI, India, Oct. 8, 2020 /PRNewswire/ — US based private equity firm Warburg Pincus LLC (“Warburg Pincus”), through it’s affiliate Orange Clove Investments BV, has entered into an agreement to invest about $95 MN (INR 700 Cr) in Home First Finance Company India Ltd (“Home First”) on October 2, 2020. The announcement came in today from the leading global private equity firm focused on growth investing. The investment of approximately INR 700 crore is a combination of primary fund raise and secondary sales by existing shareholders. Warburg Pincus joins existing marquee PE firm shareholders True North and Bessemer

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GM China Quarterly Sales Rise for First Time in 2 Years

General Motors (NYSE:GM) announced today that its Chinese sales rose 12% for the quarter ended in September versus the year-ago period. The gain follows a 5% drop in the second quarter, and marks the first year-over-year gain for sales in China in two years. 

The company said it delivered 771,400 vehicles in China, including its joint-venture partnerships. GM said it sees strong momentum in the vehicle sales market as China’s economy recovers from the COVID-19 pandemic. 


GM's cadillac SUV lineup

Cadillac XT4, XT5, and XT6 SUVs. Image source: General Motors.

The company said the strength in sales has been led by its

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Auto Experience, Inc. Proposes To Acquire Auto Finance Firm Consumer Portfolio Services For $135 Million In Cash

DALLAS, Oct. 8, 2020 /PRNewswire/ — Auto Experience, Inc., created in 2018 to pursue strategic business opportunities in the automobile financing market, today announced it has informed the board of directors of Consumer Portfolio Services, Inc. (Nasdaq: CPSS) of its interest in acquiring the company in an all-cash transaction valued at $135 million.  An acquisition at that price would nearly double the current value of the Nasdaq-listed company.

Based in Irvine, Calif., Consumer Portfolio Services (CPS) is an independent specialty finance company that provides indirect automobile financing to consumers.  In an October 7, 2020 letter to the

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Twilio to Acquire Customer-Data Firm for $3.2 Billion

Twilio Inc.

TWLO -4.28%

agreed to acquire a software provider that focuses on helping businesses track and manage customer data, a $3.2 billion deal that comes as companies rethink how they reach consumers who are spending more time at home during the Covid-19 pandemic.

Twilio struck an all-stock deal for Segment, which offers products that allow companies to glean data about shoppers from websites, mobile apps and email, as well as when they communicate with customer support, and from various software programs.

“What Segment allows companies to do is take all the data that’s in these disparate systems and assemble

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Deterring capital flight can help finance African development priorities

From 2000 to 2015, roughly $836 billion in capital left the African continent, according to a recent report by the United Nations Conference on Trade and Development (UNCTAD). This so-called “capital flight” occurs along legal pathways like remittances and other transfers or via illegal means like money laundering or misinvoicing. Capital flight is particularly prolific in Africa, so much so that it has rendered the continent a net creditor to the world. At the same time, money leaving the continent decreases the taxable revenue collected by the home country and makes it more difficult for the private sector to meet

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