Understanding the difference between income and profit is essential to understanding basic and complicated economics. Even if you don’t know exactly what these terms mean, you’ve heard the words in passing. Profits are money in your pocket and revenue is sales, right? While this is sometimes true, more detail will help you clarify the difference … Read more
The opinions expressed by the collaborators of Emprenderos are their own. This article originally appeared on Business Insider. This essay as stated is based on a conversation with Jeff Sipe, a private tech career coach and former Google recruiter. Edited for length and clarity. Big Tech layoffs were always going to get a backlash; that … Read more
On Monday, Amazon CEO Andy Jassy told employees that the company would lay off about 9,000 more people, according to CNBC. “I am writing to share that we intend to eliminate approximately 9,000 more positions in the coming weeks,” Jassy wrote in a note that was also posted online. “This was a difficult decision, but … Read more
A lot has happened in the past two weeks, and it’s certainly been a bumpy ride for the S&P 500 (SPY). Just when it looked like hotter-than-expected data points were pushing us toward a 50bps rate hike, we saw two banks collapse seemingly unexpectedly in a single week. Now the Federal Reserve has two big … Read more
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The opinions expressed by the collaborators of Emprenderos are their own. Research in cognitive neuroscience and behavioral economics has consistently shown that women are held back from career advancement compared to men. A study of executives at 20 Fortune 500 companies found that men had faster career progression and received higher pay than women, even … Read more
The opinions expressed by the collaborators of Emprenderos are their own. One of the best pieces of advice I can give fellow entrepreneurs is to get a business coach. I should know; I’ve had the same one for 12 years. He has helped me overcome some of the most difficult challenges I have ever faced … Read more
The opinions expressed by the collaborators of Emprenderos are their own. The future of TikTok is uncertain. Twitter is in a period of turmoil. Instagram engagement is down. So, which social platform is the best for entrepreneurs to focus on? Consider the ever-solid LinkedIn. By building a strong network on LinkedIn, entrepreneurs can make valuable … Read more
Interested in learning more about the US economy and the capitalist economic system? The circular flow model is a way to better understand its ebbs and flows, as it helps to visualize the interactions between different actors in the economy and how they influence the overall level of economic activity. Read on for a comprehensive … Read more
The opinions expressed by the collaborators of Emprenderos are their own. Great entrepreneurs are able to question widely held beliefs, make connections between seemingly disparate ideas, and basically see what no one else can see. This is what is called critical thinking, and you don’t have to be born with it: it’s a skill that … Read more