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Josh York, CEO of Gymguyz, talks about his rise from being a broke 20-something to franchising 265 gyms nationwide. Josh York, CEO of Gymguyz, discusses the role that undying confidence and mental toughness play in the life of an entrepreneur. York and host of The Playbook, David Meltzer, share their thoughts on the importance sacrifice in building and scaling a business, as well as their approach to finding the right mentors to guide you in your pursuit of success. The pair also talk about their best tips to expand your network and the benefits of going the extra mile as an entrepreneur.

ShapeSlide’s 40-in-1 Presentation Bundle gives you the backbone for your best presentations yet. With ShapeSlide, you’ll get more than 4,000 slides and 3,000 icons. The drag-and-drop template lets you customize your slides with ShapeSlide’s included fonts in seconds. Usually, ShapeSlide’s 40-in-1 Presentation Bundle costs a whopping $580, but right now it’s 97 percent off at just $14.99.

Businesses should have one objective when creating their social media strategy, and it should be focusing on captivating a core audience that is genuinely interested in what they are offering, than just having thousands of followers that do not engage at all with their brand. Instagram helps you to achieve that by enabling brands to tell stories with their visual content, whether is by video, boomerang or an image; Instagram is an amazing tool to connect with your audience in an emotional level. One of the most important best practices to increase any brand’s sales and become unique (and not one of the many businesses out there selling on Instagram), is by keeping your brand’s voice constant throughout your content, we are constantly doing that on our brand’s Instagram page.A great way to keep a constant social media message, as well as voice is by creating a branding guide which will have all the information and guidelines of all your brand’s content imagining style and message.

Let's look at the gross profit of ABC Clothing Inc. as an example of the computation of gross profit margin. For Year One, sales were $1 million, and the gross profit was $250,000 -- resulting in a gross profit margin of 25 percent ($250,000 / $1 million). For Year Two, sales were $1.5 million, and the gross profit was $450,000 -- resulting in a gross profit margin of 30 percent ($450,000 / $1.5 million). It is apparent that ABC Clothing earned not only more gross profit dollars during Year Two but also a higher gross profit margin.

Entrepreneurs are flocking to the movement so they can get the physical and mental edge required to run a successful business without the threat of burnout. In episode one of season two of Becoming Unstoppable, Entrepreneur Network partner Ben Angel explores this movement and speaks with the key influencers who are driving it. Entrepreneur Network is a premium video network providing entertainment, ewitducation and inspiration from successful entrepreneurs and thought leaders. Watch video from our network partners on demand on Roku, Apple TV and the Entrepreneur App available on iOS and Android devices.

Analog Devices fell another 3.7 percent today after losing three percent yesterday. Other big losses on the Entrepreneur Index™ today included Fedex Corp (-3.33 percent), Ralph Lauren Corp. (-1.95 percent) and Estee Lauder Companies (-1.8 percent). Cognizant Technology (1.36 percent) was the only other stock on the Entrepreneur Index™ with a gain of more than one percent today. Smucker Company were also up 0.98 percent and 0.92 percent respectively.

How FranklinCovey's executive vice president of thought leadership is helping people transform their lives through self-reflection. He is also the host of FranklinCovey On Leadership With Scott Miller, a weekly leadership webcast, podcast, and newsletter that features interviews with renowned business titans, authors, and thought leaders that is distributed to more than five million business leaders worldwide. Miller is also the host of the weekly radio program Great Life, Great Career With Scott Miller on iHeartRadio’s KNRS 105.9. This radio program and podcast provide insight and strategies drawn from FranklinCovey’s leadership principles and from Miller’s career and personal life experience to assist listeners in becoming more effective as business leaders and to improve their personal performance.

Jessica Abo sits down with Ryan Devlin, co-founder of This Saves Lives, to talk about business and fatherhood. Devlin says it's been incredibly meaningful to see This Saves Lives grow over the years, both in impact and products. For Devlin, knowing This Saves Lives donates a lifesaving food packet to a child in need with every purchase of one of its products, gives him immense pride. Parenthood, Devlin says, has inspired him to make more mindful decisions and made him a better entrepreneur.

House of Saka is the first luxury infused cannabis wine made for women by women. House of Saka, guided by an all-female advisory board with more than a century of combined experience in wine, cannabis and luxury branding, is the first luxury infused cannabis wine made for women by women.“Having been in the wine industry for over 40 years, I believe infused beverages and House of Saka specifically are the future.”“Brands like House of Saka are the future of the industry and a platform from which we hope to inspire female entrepreneurs and draw women toward the extraordinary plant that is cannabis.”

Oatly, an independent Swedish company, came up with a patented process to turn oats into a beverage that could replace milk in the 1990s. Major industry players, including HP Hood (under the brand Planet Oat), Quaker Oats, Silk and Pacific Foods now produce their own oat beverages. Nut milk maker Califia also recently introduced its take on oat milk, as did Happy Planet and several upstarts such as Elmhurst 1925, Thrive Market and Minor Figures. Oat milk has earned praise for its taste and texture from both baristas and consumers, and compared to almond milk, it’s much better for the environment.

Chances are, the Westeros Revenue Service (WRS) has its eye on that dagger, Catspaw, for gift taxes; and what with all the deaths that have occurred, don't get us started on estate taxes. But help is on the way: The Tax Cuts and Jobs Act raised the estate tax exemption to $11 million or so per individual and roughly doubled the amount of exempt assets from the old law. Families with farms or entrepreneurs with small businesses are of particular risk for this tax and often have to borrow or liquidate to pay it when the death of the owner makes the tax come due. And these are important considerations: The structure you choose for your own business can have a tremendous effect on your taxes, so it is important to consult with both a tax professional and a lawyer before deciding.

Sam Bakhtiar: One of the most defining moments of my life was when my mom and I moved from Iran to the U.S. when I was 11 years old. Sam Bakhtiar: The proudest moment of my life was when I became a father. Sam Bakhtiar: I’m in the fitness industry, so for years, my greatest excitement and fulfillment has come from seeing my clients achieve results and seeing how exercise and nutrition have changed their lives. Sam Bakhtiar: We want to hire people with both the right attitude and the right aptitude.

These "remote" companies may have annual meetings or company holidays to alow everyone to come together to socialize; but as the business scales, a remote team often isn’t what’s best for the company. According to ZDNet writer Eileen Brown, the people at remote workforce-management solution Unique IQ believe that remote workers are tempted to work longer hours than their office-based colleagues. If you are working remotely, you may have difficulties pinning down potential interviewees, especially if they plan on working remotely. While there may be many lifestyle advantages to working remotely, and some arguments for improved productivity, an entrepreneur has to be a certain type of leader to make the lifestyle work.

The 2017 Tax Cut and Jobs Act (TCJA) impacted returns for the first time this year, bringing considerable change and causing mass confusion among taxpayers and tax preparers alike. The TCJA is the most comprehensive tax reform since 1986. Unfortunately, due to a lack of education by CEOs/founders, investors and tax preparers, many entrepreneurs failed to take full advantage of the new tax law benefits, as a result. And if millions of entrepreneurs and tax preparers skipped this 20 percent pass-through deduction, the tax savings missed probably total billions of dollars. To save on their own 2019 business tax returns, entrepreneurs and investors should have a discussion about this deduction with a tax preparer ASAP!

Gene says he spends up to $200,000 a month on his personal brand leveraging unique video content and ads on billboards, podcasts, Facebook, YouTube and Instagram. Entrepreneur Network is a premium video network providing entertainment, ewitducation and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre. Watch video from our network partners on demand on Roku, Apple TV and the Entrepreneur App available on iOS and Android devices.

Along with scores measuring math and reading comprehension, the test will include an "adversity score" that indicates a test taker's social and economic background. College Board, the New York nonprofit that administers the test, rolled out a beta version to 50 colleges last year and found it led to greater nonwhite student enrollment, according to a report in The Wall Street Journal. The score will be invisible to students -- it will be reported only to college officials, according to The New York Times. College Board told INSIDER that the company has an extensive process to ensure SAT scores are valid, though reports have found that superrich parents can still legally pay $300 an hour for "admissions expert consultants" or donate millions to elite colleges.

The National Transportation Safety Board preliminary report confirms Autopilot had been engaged by the driver 10 seconds before the crash occurred.A preliminary report released by the National Transportation Safety Board (NTSB) yesterday confirms Autopilot was engaged when the crash occurred. As Reuters reports, the NTSB concluded in its report that Autopilot had been engaged by the driver roughly 10 seconds before the crash happened. Tesla has pointed out that before this crash occurred the driver engaged Autopilot and then, "immediately removed his hands from the wheel.

In this video, Entrepreneur Network partner Phil Town recommends a list of books to help you improve your investments. Town stresses that, as you add these books and others to your reading list, you are not required to read them all immediately. Click the video to learn about all of the books Phil Town recommends this year. Entrepreneur Network is a premium video network providing entertainment, ewitducation and inspiration from successful entrepreneurs and thought leaders.

The company makes a DNA kit that analyzes how your genetics may affect your experience with cannabis. And basically it has it broken down into eight different sections, which include anxiety, pain, sleep, metabolism, dependence, cognitive function, depression, psychosis we'll show you your genes as they relate to each one of those areas where people would consume cannabis for and also where your DNA will play a role in, and then provide you a suggested ratio of cannabinoids and turpentine that are more optimal to your genetic expression. And I learned by watching other people consume cannabis for serious medical conditions, that it actually works really well as a medicine, not just for me of other people. So we started seeing some different markers of kids that had epilepsy and they were consuming CBD, and some of their seizures started coming back, and it was a certain genetic profile that's called Dravet syndrome if I'm pronouncing it correctly, that genetic marker was different in the other kids and they had a different experience.

Grumpy Cat, real name Tarder Sauce, gained global fame in 2012 when photos of her went viral. Grumpy Cat, the adorably grouchy-looking meme machine kitty, has passed away. The family of the dearly departed cat said she suffered complications from a urinary tract infection. Her world-famous expression was the result of a birth defect, and Grumpy's owners parlayed her popularity into a multimillion-dollar empire, with merchandise, books and a Lifetime movie.

While there are many factors that can cause an ecommerce store to fail, one of the biggest problems entrepreneurs face is the inability to recognize and leverage a profitable product niche. Chances are if an ecommerce niche has marketing potential, there are already other stores selling a similar product. But when you look at trending product niches and brainstorm alternative possibilities within that category, you may just find the unique angle needed to launch a successful ecommerce store. Your chosen product niche will ultimately define everything about your ecommerce store, from its target audience to the way you market your brand.

So, as you continue down your own path of personal disruption, tell us more about how the disruption has manifested over the last year.I am continuing my work to disrupt how HR tech can disrupt culture to create a truly inclusive and high performing, bias-aware workforce. My voice at Hope House will continue to help disrupt a world stacked against these amazing young women looking to break the cycle of poverty and build a life for their children. Rather than telling women that they need to lean-in more in order to achieve someone else’s definition of success, the women profiled in Disrupters: Success Strategies From Women Who Break The Mold help us see why women do not need to be fixed and why men do not need to be blamed and shamed in order to achieve gender equity in the workplace.

eCommerce Shop Builder allows you to set up a pro-level eCommerce environment without having to write a single line of code. Regardless of whether you’re selling physical products or digital services, a streamlined and efficient eCommerce shop will help you build your client base and sell more products across the globe. eCommerce Shop Builder allows you to set up a pro-level eCommerce environment without having to write a single line of code, and a lifetime subscription is currently available for just $59. eCommerce Shop Builder for just $59.

Try the "4-7-8" method, a tense-and-release exercise or simply practicing gratitude.

Plus, there is a new baby formula delivery startup, and a young entrepreneur is on a mission to make candy healthier. Impossible Foods, the company that makes plant-based meat substitutes, raised $300 million in its latest funding round. Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. Watch video from our network partners on demand on Roku, Apple TV and the Entrepreneur App available on iOS and Android devices.

Researchers at Ohio State University collected customer reviews from 32 Florida restaurants and found something interesting: more negative reviews were left on comment cards by customers on rainy days versus dry days. None of these studies actually tested a customer's online reviews, and we all know people can behave differently when leaving a review from the anonymity on Yelp or Google. That's because, despite the delightful experience of having you as a boss, it’s probable that your people are in a worse mood than your customers when the weather turns bad. So bad weather means worse customer reviews.

The cannabis industry is still in its infancy but there has been enough development on all sides of the industry that entrepreneurs now have customers, advisors and partners who they can speak to. Only a few short years ago early-stage cannabis startups could not plug into a knowledge network with specific expertise in the challenges and obstacles that are often unique to the cannabis industry. The cannabis business in particular attracts new players drawn to the adventure and rocket-like potential of the industry. Isaac Newton is credited with perhaps the greatest quote about mentorship:  “If I have seen further, it is by standing on the shoulders of giants.” While the giants of the cannabis industries are still emerging, there are enough entrepreneurs with broad enough shoulders to help carry many a cannabis entrepreneur.

Every company can point to a hire or two -- or several -- gone wrong, but you shouldn't let specific experiences cause you to generalize unfairly when weighing new job applicants. While there are plenty of problems with modern hiring, from the focus on outdated résumés to the persistent presence of unconscious bias in the interview process, many of the things you think are true about hiring probably aren’t. To close this gap, LaunchCode, a workforce development nonprofit, argued in a recent announcement of its New Collar Coders initiative that companies should hire for passion and drive rather than overlook valuable candidates because they lack outdated credentials such as a traditional computer science degree. Instead of looking for the few individuals with niche experience to fill your vacancy, look instead for teachable candidates who have the passion to learn their way into a role in your company.

The Dow and S&P indexes were up 0.84 percent and 0.89 percent respectively while the Nasdaq Composite gained 0.97 percent. All four on the Entrepreneur Index™ were up today with Amazon (1.87 percent) and Alphabet Inc. (1.27 percent) rising the most. The stock was up more than three percent in the morning but closed with a gain of 1.43 percent. Other good gains on the Entrepreneur Index™ included Alexion Pharmaceuticals (2.33 percent), oil and gas producer Hess Corp. (2.01 percent) and Fedex Corp. (1.87 percent).

Business Insider interviewed Willink and Babin about their book on the subject, The Dichotomy of Leadership, and they told us that over their work with more than 400 businesses and their leadership conferences, they've found inexperienced leaders are regularly making the same mistakes. Willink said he's found that a fear of losing trust is what keeps leaders from asking these simple questions, but that this approach actually increases a team's respect because it shows honesty, and it will avoid problems in the long term because it won't require faking knowledge. Babin said he also regularly finds new leaders become convinced that the problems they're facing are so specific to them that outside help wouldn't help."Because as long as you're making excuses for yourself, an excuse for your team, you're never going to actually solve the problems that are causing you to not perform the way you should, and therefore you're going to keep repeating those same mistakes," Babin said.

Name: Barbara CorcoranAnd what I did is I took my email off my phone.I probably went from maybe 150 emails to none. Read more about Corcoran: Shark Tank's Barbara Corcoran Explains Why You Must Make Time in Your Schedule For Fun

Nepotism, or the act of providing or receiving opportunities due to a family relationship or friendship, has a history that runs long and worldwide. Jones points to a recent nepotism study on NCAA teams that shows that teams with nepotism (two or more family members as players or coaching on the same team) tend to perform better and win more games than those without it. The bottom line: The way people respond to nepotism at work depends largely on the qualifications and self-awareness of the candidate in question, as well as transparency in the hiring process. Click through the slideshow to see the five ways to handle nepotism at work.

If you want to make more money in the coming years or are ready to start searching for six-figure jobs, brushing up on some in-demand job skills could help you reach your earning goals. Many companies offer up six-figure jobs for highly skilled workers and to those who specialize in a certain field. Knowing what these work skills are before you complete a degree or pursue career development opportunities could put you in the front of the line to secure higher-paying jobs throughout your career. Click through for job skills you need so you can earn a six-figure salary.

Rent control only makes this disconnect worse by creating disincentives for builders and landlords, preventing new rental units from ever making it to the market at all. The focus shifts instead to maximizing the rent they’re able to get out of the property, the end result is run-down, cockroach-infested buildings and homes that no one can afford to fix up because rent controls have cut off their source of capital. By doing so, they’re still able to evict tenants for “no cause,” effectively allowing them to sidestep rent controls and raise their rent on the next tenant based on market rates. By subsidizing rents in this way, Singapore allows the local rental market to function organically, with landlords making all of the decisions about screening their own tenants, rents being set by demand and the market growing as needed.

A new survey of marijuana users has found that 81 percent of respondents use marijuana just before or after exercise. Many report that cannabis motivated them to work out, improved their recovery after exercise and helped them to enjoy exercise more. The new survey, said Bryan, may have provided an answer, with users reporting that marijuana actually supports exercise with improved motivation, enjoyment and recovery. The University of Colorado researchers conducted the survey of 615 marijuana users to solve the contradiction mentioned above and to determine what, if any, help cannabis could have in promoting exercise.

Looking for inspiration?Here are 10 of Tim Ferriss's favorite books for entrepreneurs. Tim Ferriss, the productivity expert, author and inspirational speaker, is an avid reader. On his show and blog, he's highlighted a whole host of books, seeking to share some of the same wisdom that inspires him.

Just like a good movie. Many excellent movies have been made about entrepreneurs and the pioneering spirit they embody. These movies can encourage, exhilarate and, of course, entertain us. For all the aspiring entrepreneurs out there who are looking for some movie inspiration while cozying up with some popcorn, here are the top 13 flicks about the entrepreneurial experience.

As a lawyer who’s worked with clients to complete hundreds of venture financings and related company making—and breaking—transactions, watching first-time founders launch their dream can feel like I’m watching them amble into a busy street. They can be unaware of the nearby dangers, don’t have good insight into what to avoid to stay safe, and make the same life-threatening mistakes as a lot of other founders who’ve wandered into the same busy road. Most founders put too much emphasis on perfecting their technology platforms—which is understandable, given that many founders are passionate technologists—and not enough on making sure those platforms deliver real business value. Founders should be wary of ignoring the feedback of a venture capitalist or a potential customer who has engaged deeply with your firm, but ultimately decided to pass on either investing in it or buying your product right now.

In the latest episode of Resilience with Entrepreneur Network partner Alley, Dressmate founder Jennifer Simons talks about finding herself at a crossroads. Saltzman and Simons discuss the rebound, and Simons talks about restless nights, finding consolation in friends and pets while looking at job postings. Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. Watch video from our network partners on demand on Roku, Apple TV and the Entrepreneur App available on iOS and Android devices.

Want to start a drop shipping business?Drop shipping is an extremely popular business model for new entrepreneurs, especially gen Zers and millennials, due to internet marketing skills far outweighing financial capacity. Since you don’t need to stock or handle the items you are selling, it’s possible to start a drop shipping business with limited funds. If you aren’t passionate about the niche you select, you will be more apt to becoming discouraged, because it takes a lot of work to successfully scale a drop shipping business.

How old is the company?Number four is the integrity of the company and the management. Look at where the company's at, what's going on with the company, and if it's growing. You may have [chosen] a great company with excellent management, products that make a difference, a pay plan that's uniquely fair and very generous and momentum and stability, but if you don't have a system in place that works, all of that [doesn't matter].

I’ve quit several jobs in my life.I don't really recommend walking out on a job, but everyone should know when to quit. At my very last job I recognized that I needed to quit when my desires to become an entrepreneur overpowered my wishes for a stable paycheck. Indeed many entrepreneurs realize over and over they should leave their job but the financial security it provides often keeps them firmly entrenched.

Building a monster truck isn’t about how much money you raise or the path you take to get there. So, you can either fight for that badge of honor of having raised  enough money at a big enough valuation to be a unicorn -- or you can build a monster truck that drives value wherever it goes. Avoid this downfall yourself by remaining rock-solid in your strategy: Use your money to hire the right people, invest in the right areas and build a great culture. It takes discipline to avoid temptations that might otherwise jeopardize your long-term success, so remember: Fast money doesn’t always mean long-term money.

These startups are attracting significant investment from traditional venture capital firms and, increasingly, big food companies looking to develop great young brands. And it’s safe to say that larger food and beverage companies have officially entered the venture capital game, with $1.08 billion invested across 99 deals in 2017 alone. In the incredibly dynamic food and beverage space where you can find 300 yogurt varieties on the shelf and consumer tastes change in the blink of an eye, you’ve got to have a remarkable product. Even the most successful food companies have failed.

Yet, time and time again, I've been confronted by investors who complain about being patently lied to about everything from founders’ full-time commitment and product traction to the make -up of their financing rounds. In this respect, founders in many ways are responding to investor “herd dynamics” in that the presence of one investor or fund becomes an immediate incentive for another to invest. So, rather than employing definitive language saying an investor is “in” a round, founders should communicate that a particular investor has a clear and principled commitment to funding a startup but has not made a firm commitment yet. When founders pivot the conversation in this direction, investors will usually focus once again on the business rather than name recognition.

Yet even with that said, remote working is not for everybody. One of the first examples of a company doing the right thing when it comes to remote working is GitHub. The company actually issued what it calls the Ulimate Guide for Remote Work to help others establish a remote team or remote workforce. Named as a great place to work by Fortune, CrowdStrike employs 800 people, of whom 400 work remotely.

If you're an animal lover, consider these low-cost side jobs to make extra money. Do you love animals?Do you love extra money?If so, Entrepreneur contributor Grace Reader suggests these five side hustles to keep you close to your four-legged friends.

Unlike similar services that offer restrictions on how and when you can obtain a website's most valuable data, Agenty Web Scraping lets you scrape without limits. Agenty Web Scraping is a service that allows you to quickly and easily turn any web page into fully actionable data without having to write a single line of code, and right now you can land 1-year of unlimited access for 85 percent off at just $49. Unlike similar services that offer restrictions on how and when you can obtain a website’s most valuable data, Agenty Web Scraping lets you scrape without limits. Quickly scrape any website’s most valuable data with a 1-year subscription to Agenty Web Scraping for just $49—85 percent off for a limited time.

Out of 'an abundance of caution' the charge and thermal management settings are being adjusted on the Model S and Model X using an over-the-air software update. Within the past month two Tesla Model S electric vehicles have burst into flames while unattended in a parking lot. As Reuters reports, a battery software update has now been released by Tesla for both the Model S and Model X lines of electric vehicles. In a statement released yesterday, Tesla explained that, "As we continue our investigation of the root cause, out of an abundance of caution, we are revising charge and thermal management settings on Model S and Model X vehicles via an over-the-air software update that will begin rolling out today, to help further protect the battery and improve battery longevity."