This is how companies can meaningfully support Black-owned businesses

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Five easy ways companies can drive significant change to boost Black-owned businesses all year long. 2020 was one of those years that will “live in infamy” as President Franklin D. Roosevelt put it. And, with the first weeks of 2021 giving its predecessor a run for its money, there has been little time to come up for air, pause, reflect, and respond to any of the events we have endured. Read Full Story

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Retail is having a Darwin moment that will transform it forever

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The pandemic is cleaning out the old stock and forcing everyone else to evolve in ways that will endure long after the crisis has passed. Retail is having a Darwin moment. Businesses that can adapt to the realities of COVID-19 are doing so quickly while those that can’t are dying out—which probably needed to happen. The result will be a healthier Main Street that can better compete with online natives and offers better services for consumers. Read Full Story

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These 3 lessons from the triathlon steeled me for the C-Suite—and the pandemic

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The chief revenue officer of Amazon-backed startup SmartRent breaks down how completing the rigorous Ironman course translates to enduring leadership in the boardroom. The COVID-19 pandemic introduced social and economic challenges few people saw coming. And while it spurred a scramble to keep up with demand for some and hardships for more, business leaders remain uncertain for what the next six months, let alone the next year, hold. Leaning into the discomfort, though, has potential to drive progress. And as chief revenue officer at a growing startup during tumultuous times, I’m tapping into my athletic training for advice on powering through. Read Full Story

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A New Year’s resolution for entrepreneurs: Revisit Jim Collins

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The revered author has updated “Beyond Entrepreneurship” (a Reed Hastings favorite) and he has a lot to say about the current state of Silicon Valley Before Jim Collins wrote Built to Last and Good to Great he published Beyond Entrepreneurship . Originally published in 1992, Beyond Entrepreneurship grew out of a course Collins and Bill Lazier taught at the Stanford Graduate School of Business, and it has become a quiet favorite of entrepreneurs such as Netflix founder Reed Hastings. Last month Collins published Beyond Entrepreneurship 2.0, which he calls an “upgrade” of the original book, with new chapters and essays. It also includes what he describes as “the map,” or a framework that distills 30 years of research into a guide that entrepreneurs and companies can follow if they aspire to build enduring companies. In an interview with Fast Company editor-in-chief Stephanie Mehta, Collins notes that he and co-author Lazier …

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