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  • How Hybrid Work Has Given Family Caregivers a Lifeline | Entrepreneur

    How Hybrid Work Has Given Family Caregivers a Lifeline | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    Hybrid and remote models are not just influencing how we do our jobs but significantly transforming the approach towards elder care. These new work formats have empowered the way we care for our elderly loved ones while diminishing the previously unchallenged role of senior housing facilities.

    Unfortunately, newspapers like The Wall Street Journal are decrying this change with headlines like “Is Work From Home to Blame for Senior Housing’s Muted Recovery?” Such pieces smack of an anti-consumer, anti-family and pro-special interest attitude. Instead, we should celebrate consumers not having to shell out money unnecessarily for services they don’t need on senior living, while also maintaining multi-generational family units that strengthen family bonds.

    Related: Addressing Employee Elder Care Issues Is Good Business

    The benefits of hybrid work for the “sandwich generation”

    The advent of hybrid work schedules has proven to be a game-changer for a particular group of people known as the “sandwich generation,” middle-aged adults — often between their 40s and 50s — caught between the responsibilities of raising their children and caring for aging parents. Before the rise of hybrid work models, these individuals often felt like they were in a tug-of-war, being pulled in multiple directions at once.

    But now, the paradigm has shifted dramatically. The flexibility of hybrid work has transformed this seemingly endless juggling act into a more manageable, even gratifying endeavor. It’s as if they’ve been given a magic wand, turning a high-stakes balancing act into a well-choreographed ballet.

    Picture this: An employee, let’s call her Lisa, is in the middle of her workday. In the traditional work model, she would be in her office, miles away from her elderly mother and children. Now, working remotely, she can attend a virtual meeting, then immediately switch gears to help her child with homework and later accompany her mother to a routine doctor’s appointment, all without leaving her home.

    This seamless integration of professional and personal life has become a reality thanks to hybrid work. The days of Lisa rushing through traffic, anxiously glancing at the clock as she races from the office to a nursing home, are a thing of the past. Now, Lisa can fulfill her role as a loving daughter and mother, all while continuing to excel in her career.

    Moreover, this shift isn’t just benefiting Lisa. It’s positively impacting her entire family. Her elderly mother gets to spend more time with her family, her children are receiving more attention and guidance, and Lisa herself is less stressed and more fulfilled. This new work model has not only given her the flexibility to manage her time better but also the satisfaction of knowing she is there for her loved ones.

    In this way, the rise of remote and hybrid work models is not just a trend, but a societal shift that is empowering the “sandwich generation” and transforming the dynamics of family care. It’s a radical change that is having profound impacts on families, businesses and communities across the country.

    Remote work schedules have come as a much-needed boon for those juggling the dual responsibilities of raising children and caring for older parents, often referred to as the “sandwich generation”. The flexibility of hybrid work is turning what once was a stress-inducing juggling act into a more manageable endeavor.

    Now, with flexible work hours, employees can attend to elder care responsibilities without the fear of compromising their careers. The days of rushing from the office to a nursing home are being replaced with a seamless transition from professional tasks to personal responsibilities, all within the comforts of home.

    Reframing the senior housing narrative

    The era of hybrid work has led to a shift in focus from senior housing facilities to home-based care, causing a noticeable decrease in demand for the former. Some media outlets, such as The Wall Street Journal, have negatively framed this trend, attributing the muted recovery of the senior housing market to the rise of remote work. However, this perspective only captures a part of the broader narrative.

    Rather than viewing this as a setback for senior housing providers, it is essential to see it as an opportunity for innovation and adaptation. After all, progress and innovation are born out of change. Just as a chameleon changes its colors to adapt to its environment, senior housing providers need to adapt to the evolving needs and expectations of their customers.

    In the past, the senior housing sector may have been the go-to solution for families juggling work and elder care responsibilities. But now, as hybrid work becomes the norm, families have the flexibility to care for their loved ones at home. This shift doesn’t necessarily signal a death knell for the senior housing industry. Instead, it offers an opportunity for these facilities to reinvent their services and find new ways to support families.

    For instance, senior housing providers could offer more flexible, part-time care services for families who need support but not full-time care. They could also develop programs that help the elderly stay engaged and connected with their communities while living at home. In essence, this is a time for the industry to creatively respond to the changing landscape of elder care.

    From a financial standpoint, this shift towards home-based care presents families with potential significant savings. Rather than seeing this as a threat to the senior housing market, we should see it as an opportunity for families to better allocate their resources. The money saved from reducing reliance on full-time senior care facilities can be redirected towards enhancing the quality of life for the elderly or investing in other areas like education for the younger generation.

    In reframing the narrative, we should celebrate this change as a positive evolution in the way we care for our elders. This shift is not about choosing one form of care over another, but about providing families with more options to choose what works best for them. The rise of hybrid work has catalyzed this change, and it’s up to all of us to embrace it and adapt accordingly.

    Related:

    A win-win scenario for families and businesses

    The shift towards hybrid and remote work is indeed a win-win scenario. It allows employees to strike a better work-life balance, and businesses to retain valuable staff who previously struggled with care responsibilities. It’s about time we celebrate this change instead of resisting it, as I tell companies that ask me to help them figure out their hybrid work models.

    The transformation of our work culture has far-reaching effects, extending beyond the confines of our workspaces and into our family lives. The shift to hybrid work is driving change in elder care, demonstrating the profound impact of workplace flexibility on various aspects of life.

    Rather than lamenting the challenges, let’s embrace the opportunities this change brings. The hybrid work model has already shown its potential to benefit our careers and care duties. It’s fostering stronger family bonds by maintaining multi-generational family units and reducing unnecessary expenditure on senior living services. That’s a future worth celebrating!

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    Gleb Tsipursky

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  • AMC Ticket Sales Make History Thanks to Barbie, Oppenheimer | Entrepreneur

    AMC Ticket Sales Make History Thanks to Barbie, Oppenheimer | Entrepreneur

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    AMC Theaters reached a personal best thanks to the success of the “Barbenheimer” craze.

    The world’s largest theater chain announced on Sunday that it saw its “best week ever” of admissions revenue during the week of July 21 to July 27, according to a press release.

    The 103-year-old theater company, which has 10,500 theaters across the world, attributed the historic milestone to the success of Barbie and Oppenheimer, which were both released in theaters on July 21.

    RELATED: The ‘Barbie’ Movie May Have Caused A Global Pink Paint Shortage

    Although AMC didn’t reveal its total ticket sales, Barbie, directed by Greta Gerwig, took in $162 million domestically in its opening weekend, according to Variety, making it the largest ever for a female director. Oppenheimer followed with $82.5 million.

    The weekend of July 20 to July 23 marked the theater’s busiest since reopening amid the COVID-19 pandemic, per the press release.

    Photo by Hannah Beier for the Washington Post | Getty — Movie posters for Barbie and Oppenheimer are pictured outside of the Cinemark Somerdale 16 and XD in Somerdale, New Jersey, 2023.

    Demand for the films continued into the following week (July 27 through Sunday, July 30) with Barbie grossing $93 million and Oppenheimer with almost $47 million domestically, per Variety.

    Admissions revenue for the weekend was more than double from this time last year, per the release, with 65 United States AMC locations reaching personal bests for single box office sales.

    In total, both movies generated over a billion dollars globally in just 10 days.

    RELATED: ‘Barbie’ Was a Publicity Machine — Here’s How Barbie and 4 Other Blockbusters Mastered the Art of Marketing

    “Achieving the most admissions revenue in a single week in AMC’s storied 103-year history is a testament to the moviegoing audience, who has demonstrated once again that they are ready, willing, and eager to come out to movie theatres in huge numbers,” said AMC CEO and Chairman Adam Aron in a statement.

    @entrepreneur with a feature film and a café now added to her many occupations, it’s safe to say that Barbie is one heck of an entrepreneur #barbiecafe #malibubarbie #popuprestaurant #photoopps ♬ original sound – Entrepreneur

    “These two movies, along with the many others playing on our huge silver screens, continue to rewrite what is possible at the box office,” Aron added. “At AMC, we are thrilled to add our own new all-time records into that conversation.”

    Following the news, AMC shares went up by 7 percent, per CNN.

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    Sam Silverman

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  • Here’s the No. 1 Thing Rich People Want in Luxury Real Estate | Entrepreneur

    Here’s the No. 1 Thing Rich People Want in Luxury Real Estate | Entrepreneur

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    Competition for real estate is fierce in many places across the U.S. But the battle unfolds on an even larger scale in the country’s wealthiest cities, where luxury homes outfitted with every amenity imaginable can sell for tens — or even hundreds — of millions.

    Of the 10 U.S. counties where prospective buyers need to earn the most to buy a home, 80% are in California, spanning from Marin County in the north to Orange County in the south, CNBC reported earlier this year.

    Real estate agent Bre Tiesi, one of the latest to join The Oppenheim Group brokerage featured in Netflix’s Selling Sunset, knows firsthand what it takes to sell in the luxury Los Angeles-area market, where the show takes place.

    Related: 8 Things I Discovered While Working With Affluent Clients in New York City

    Tiesi’s transition from a modeling career to one in real estate coincided with the pandemic, but she received her license back in 2017, always knowing she’d leverage her network to put it to use. “There’s a lot of money out here [in LA] when it comes to real estate and luxury,” Tiesi tells Entrepreneur, “so it’s just who you know, honestly.”

    Although Tiesi says all of her clients are “really different,” there are some similarities when it comes to what they want in a luxury property. Generally, wealthy buyers are on the hunt for a “full-service home.”

    “They want to have as much as they can, where they don’t have to leave their house.”

    “Everyone wants the works,” Tiesi explains. “They want the pools, the gyms, the movie theaters, all that type of stuff. So it’s all basically the same for anyone with money: They want to have as much as they can, where they don’t have to leave their house.”

    In fact, luxury homes in the LA market are typically so well-equipped with all of the bells and whistles that moneyed clients don’t have any problem finding one worthy of an offer. “It’s more [an issue] of loving them all and trying to narrow it down,” Tiesi says.

    And the No. 1 factor in that process of elimination? Location.

    “There’s only so much real estate out here in those prime areas.”

    “It’s always location,” Tiesi explains. “It just depends on where that person wants to be. If they want to be in the Hills, if they want to be in the Valley. There’s only so much real estate out here in those prime areas, so when things are flipped or come on the market, it’s always about location because it doesn’t come around all the time.”

    There are a lot of new developments popping up in Encino, Tiesi adds, because just a couple of years ago “there was nothing available” — and any property that did hit the market was often gone within 24 hours.

    On average, homes in Encino go for upwards of $1.4 million, with 34.2% of sales above the list price, per Zillow.

    Related: How This Real Estate Entrepreneur And Influencer Sets Gold Standard Approach to Selling Luxury Homes

    Although a well-appointed luxury property’s prime location might be its biggest selling point, Tiesi says something else can also seal the deal: really getting to know the client.

    “A lot of the time the clients think that they know what they want,” Tiesi says. “Sometimes they can even be stern on what they say they want to see, things like that. But when you know them, you’re able to move differently and see their vision and put them in different places that they may not have been open to before.”

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    Amanda Breen

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  • The Power of Spending Time Alone | Entrepreneur

    The Power of Spending Time Alone | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    I was just relaxing on the hotel balcony listening to the ocean. Enjoying a moment of connecting with myself and nature, I was fully present in the here and now. The sound of the waves crashing against the shore created a soothing rhythm, and I noticed that my heartbeat began to sync with the sound. It was a cool experience — one that made me truly aware of my surroundings and my own existence.

    Wanting to stay fully present in that beautiful moment a little longer, I snuggled myself into a blanket and laid back down under the stars. It was pure bliss to fall asleep breathing in the cool ocean air and wake up to the breathtaking sunrise the next morning. I knew this experience was nothing short of powerful.

    Related: Why You Should Schedule Dedicated ‘Me Time’ If You Don’t Get Enough Right Now

    The benefits of spending time alone

    When you take time like this to be alone, you can truly hear yourself. It’s a chance to escape the noise and distractions of everyday life and listen to the whispers of your own thoughts. Many people shy away from spending time alone. Even the idea of facing your own thoughts can feel scary. But solitude is a chance to clear out the clutter that accumulates in your mind, gain clarity and reconnect with your true self.

    I recently took my second trip by myself. I used this undistracted time to create, read and write in my journal. I even got dressed up and took myself out to dinner at a nice restaurant. Immersing myself in the moment and soaking in all of my surroundings was simply amazing!

    You may find the idea of being alone strange or awkward. You might think that others will see you as a loser or an outcast for enjoying a fancy meal by yourself. But I disagree. Through the years, I’ve learned the incredible power of choosing to spend time alone. I’ve discovered that it’s not about being lonely or isolating yourself; it’s about nurturing your own happiness and well-being.

    During my solo adventures, I engage in activities that bring me joy. These experiences have allowed me to tap into a deep sense of gratitude. I’ve realized how fortunate I am to have the means and ability to enjoy the beauty of the world around me; whether it’s indulging in a delicious meal at an upscale restaurant, watching the sunset or simply taking a walk. The more granular you get with your gratitude, the higher you elevate your vibration.

    Gratitude and self-discovery are central themes in my alone time. This has been integral to me leading a more fulfilling life. I’ve dedicated time to learning who I am at my core. I’ve prioritized myself, paying attention to my own desires and needs as well as embracing curiosity and fascination for the world around me. In doing so, I’ve reignited the spark within myself and elevated my life and the lives of my loved ones.

    It’s easy to become distracted and overlook the amazing things happening in your life when you’re so focused on the hustle and bustle. You get caught up in the minutiae and the constant stream of thoughts that fill your mind. But when you carve out meaningful time for yourself, you can explore new ways of thinking and being.

    Related: Why Alone Time Gives Your Business an Edge

    When was the last time you truly spent quality time alone?

    Being comfortable in your own company is a superpower. It will feel awkward at first, but it is a necessary trait that allows you to rely on yourself for happiness, confidence and a sense of belonging. Learn to embrace solitude by starting off slowly. Go out to lunch by yourself. Try a new restaurant, and focus on your meal and surroundings, not your phone. Date yourself! Take a day to do something just for you that doesn’t include anyone else, and see how it feels. You may surprise yourself with how amazing it feels when you become the very company you desire!

    It’s important to remember that you need to nourish your own soul to have a truly fulfilling life. Don’t wait for experiences to come to you.

    Embrace the beauty of spending time by yourself. Find joy in your own company, and connect with the world around you. It’s time to let go of your fear and embrace the power of solitude. Take that step, and you’ll unlock a world of experiences and fulfillment that will transform your life!

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    Jessica Dennehy

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  • China-Founded Rivals Ramp Up War for American Shoppers

    China-Founded Rivals Ramp Up War for American Shoppers

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    China-Founded Rivals Ramp Up War for American Shoppers

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  • How to Pursue Your Creative Ideas While Prioritizing Your Well-Being | Entrepreneur

    How to Pursue Your Creative Ideas While Prioritizing Your Well-Being | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    Natural-born entrepreneurs are often bursting with creative ideas, new innovative thoughts and — more often than not — pretty enormous dreams. We can’t help it. For better or worse, it is how we are wired.

    One of the first characteristics of an entrepreneur is our curious nature. Think about it: How often do you wake up at 2:45 a.m. with a new idea that you want to start immediately in the morning? I’ve been there hundreds of times — really, you should see my notes app on my phone! Entrepreneurs love ideas. We love building on our ideas over and over again, hoping to create something bigger than we can even imagine. We say things like, “I’m building for the future” or “I’m planting seeds for growth” every time we pile on some new project. It’s exhilarating — until it’s exhausting.

    At some point, the go-go-go nature of our ideation patterns can begin to feel heavy or burdensome for some of us. So the question is, how much of this “planting of seeds” is really just the burying of ourselves in heaps of work that may be hindering our ability to actually grow and succeed?

    Related: Why Entrepreneurs Need To Prioritize Their Wellbeing As They Launch And Run Businesses

    We’re already busy

    Small business owners need to always be planning for the future — how else will their business grow? It’s an integral part of business ownership. Everyone wants to succeed. Planting seeds for growth, for example, spending on marketing or public relations, recruiting top-tier talent, attending networking events and so on, are extremely important. But how much time is being spent on planning for these activities versus the amount of time entrepreneurs spend on everything else necessary to run the show?

    A recent study showed that 39% of business owners are already working over 60 hours per week. And you better believe those work weeks are packed with all the stress and pressure that every business owner struggles with, from employee concerns to client concerns and everyone’s favorite, “economic uncertainty.” Maybe cash flow is tighter. Maybe bills aren’t being paid as fast. It stinks. This, however, should not stop that creative, tired mind from coming up with fresh ideas.

    But what if I miss out?

    The conundrum is that we fear letting these good ideas go to waste. Or that if we don’t pursue the new ideas, we’re risking not achieving the success we’d surely have if we were to make it happen. As a fellow entrepreneur with high hopes and dreams, I refuse to enable dream-killing. It’s not in my DNA. I believe every and all dreams can come true. I also believe that nothing is possible if we aren’t well enough to take it all on.

    My mother used to say to me, “You can’t fill a cup from an empty well.” It took me years to fully grasp what she meant. Then one day, while I was running my first business back in 2016, I had a complete meltdown. I hadn’t been sleeping much, I was under so much pressure having two children under two, and I had a list of things I wanted to do with the business. And I cracked under that pressure. I ended up in the ER, thinking I might’ve failed at everything — motherhood, marriage and entrepreneurship. It dawned on me then that I was DTM (doing too much) and I had not dedicated any time to filling up my own well so that I would be able to give from it.

    Related: How to Find Balance When You’re a Startup Founder

    Finding balance

    Fast-forward to now. My current business is thriving. My children are the best of the best (I could go on, but this would end up being another 15 paragraphs!). My marriage is as strong as ever. But most importantly, I am full. I am full of energy, joy, ambition and yes, ideas. The difference between now and then is recognizing when to admit that I am full and to only take on what I can. We have to make an effort to discover new ways to manage our stress and emotional well-being, or it will rule —and ultimately ruin — our lives. However, managing that stress and sometimes realizing you can’t control everything isn’t easy for us. As entrepreneurs, we would rather play by our own rules. I still struggle with how to properly maintain that balance between spilling over with ideas and keeping myself well. It takes practice.

    Earlier this year, I had huge plans to take the business to new heights. It was project after project. Except, this time, I had the strength to say, “One thing at a time.” I started keeping an organized list of ideas prioritized by importance, relevance and urgency. And I’ve allowed myself room to really focus on one seed in my garden of ideas.

    This is the kind of advice you’ll often get when going to a therapist who specializes in cognitive behavioral therapy. Focus on the things that matter today. The more we get caught up in the things that may affect us tomorrow (or six months from now) the more we lose sight of the moment in which we can make a real impact as an entrepreneur.

    Don’t stop. Pace yourself.

    You must continue planting seeds. I will fight for this, always. But before that, you must not bury yourselves in work for the sake of saying, “I did it.” Your loved ones won’t care what you did if it breaks you. We chose this path of entrepreneurship for various reasons, be it for financial freedom, flexibility or to make an impact on the world. We are in control of our destinies. And if we remember that fact and hold ourselves accountable, not only to our businesses but to our whole selves, we will always be capable of making the impossible extremely, undeniably and wildly possible.

    Related: 8 Self-Care Tips From Wildly Successful Entrepreneurs

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    DeAnna Spoerl

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  • I Pitched 300 People a Day For 1 Year — and Learned This Impactful Entrepreneurial Lesson | Entrepreneur

    I Pitched 300 People a Day For 1 Year — and Learned This Impactful Entrepreneurial Lesson | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    Several years before the pandemic, I was a salesman for a small NYC marketing firm. Our main client was a cosmetics brand, and our campaign consisted of each salesperson canvasing a given territory. Our territories would be whole towns and shopping centers, and our goal was to individually speak to 300 people a day about our makeup products.

    Everyone thought I was crazy for ever taking such a job. In the rain, snow or the blistering summer sun, I was to walk up to every stranger I saw and pitch them. As challenging as this may sound, I managed to get promoted twice, have a team of three direct reports and would consistently rank in the top five of 30 marketers when it came to sales volume generated.

    However, after about a year of this, I plateaued in performance. I often felt burnt out as I ran into mental blocks I couldn’t immediately overcome. Soon my sales performance would drop as a result. In a position that demanded that I maintain a positive attitude, I realized that I was not ready to take things to the next level, so I resigned.

    I came out of that experience as a changed man, but I also knew that my work had only begun. As I introspected, I realized that I had many limiting beliefs and external stressors that contributed to my attitude and how I came across in my social interactions. In particular, my mindset around money and how to acquire it was generally skewed and shaky.

    At the time, I usually lived in a place of scarcity, as I believed that people and money were things to chase after and hustle for. As a result, the way I spoke to people and generally carried myself directly reflected these beliefs. I would always wonder why I would have to do twice the work to get the same results top performers would get. It wasn’t until I got my next sales position that I got the mindset shift I needed to skyrocket my sales volume.

    Related: Harnessing the Power of Positive Thinking to Grow Your Business

    When you change how you look at things, the things you look at change

    As a sales professional, you must know that your clients and customers only buy from service providers they know, like, and trust. They need to be sold on you as an individual or brand before they ever buy your products.

    It is also common knowledge that our attitudes are contagious in the presence of other humans. In our brains, we have mirror neurons that pick up different emotions that others experience, leading us to mirror and share these same emotions in an unconscious empathetic response. That said, it is of the utmost importance as sales professionals and entrepreneurs to be mindful of how we carry ourselves and take inventory of the many factors contributing to how we show up for others.

    From my later experiences as a meditation teacher and life coach, I’ve found that sales professionals typically act from one of three levels of consciousness:

    1. Inactivity
    2. Hyperactivity
    3. Integrity

    Inactivity

    Inactivity is the mindset where you’re overwhelmed with negative emotions and insecurity to the point where you don’t take action. I was in this state of mind towards the end of my canvassing job. I burnt out so severely that most of my interactions with others became awkward, forced and robotic. I’d get little to nothing done as no one trusted me, not even myself.

    Hyperactivity

    Hyperactivity is the mindset that I’ve found most sales professionals live from. We adopt a hustler mentality from this energy space, chasing after people and money purely for our personal gratification. We see others as a means to an end; each prospect and lead we have is simply a number we must get through to see if they will pay us.

    From a place of hyperactivity, our interactions come off as impersonal and disingenuous, as our selfish desires prevent us from truly connecting with our prospecting clients. We may also come off as manipulative and shady, for we tend to do whatever it takes to make a sale.

    Hyperactivity was the mindset I was in at the height of my canvassing job. I was only ever playing a numbers game with people and never looked to connect with them genuinely. As a result, I would often have to speak to twice as many people to get the same results as those who moved with more integrity.

    Related: The 10 Traits Every Good Salesperson Has in Common

    Integrity

    When a salesperson acts from a place of integrity, they realize that there is an exchange of value when a sale happens. For that exchange of value to take place, the salesperson must take their focus off of their individual needs and place it on the needs of their client. In effectively understanding our clients and prospects, being a salesman becomes more about providing excellent service and aligning their needs with our offerings. Because our clients now feel seen, heard and understood, they are much more likely to give us their money than a hyperactive hustler.

    To live and do business from a place of integrity, we must take inventory of what’s causing us to show up without it. We often carry limiting beliefs about people and money stemming from childhood, past bad experiences and our current financial situations.

    Perhaps it’s time to find a good mentor if you live in hyperactivity or inactivity. It’s from mentorship that I broke free from my limiting thought patterns, for my mentors helped me become aware of my blind spots. In becoming more self-aware, I would naturally find higher principles to live and do business by.

    May we find our lives to be much more prosperous in understanding that doing business means being of service to the human nature of others.

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    Jonathan Brierre

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  • Check Out This DIY Watch Kit That Lets You Design Your Own Timepiece | Entrepreneur

    Check Out This DIY Watch Kit That Lets You Design Your Own Timepiece | Entrepreneur

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    Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

    A recent study found that more than than 50% of employees said they would remain at a company longer if they felt they were appreciated more by their boss. If you work in a mechanical field and want to give your employees a gift that they can enjoy every small detail of, take a second and look at the Rotate® DIY Watchmaking Kit. This unique gift gives your employee the chance to craft their own timepiece, giving them a unique experience and a traditional sign of professional appreciation. Plus, one of these watchmaking kits only costs $149.99 while it’s on sale.

    Build your own watch.

    This all-in-one kit comes with all the tools, supplies, and guidance to build your own watch. That also includes suede leather straps, a sapphire glass case, and a hand-wound battery. No need to replace it with external batteries.

    Use this gift as a gift to motivate your employees or as a challenge to show you believe in their analytical skills. The Rotate® DIY Watchmaking Kit originally got its start on Kickstarter where it earned over $90,000. It has since been featured in the New York Times and Geeky Gadgets, among other publications.

    Once the watch is complete, you have a stylish mechanical watch with a sleek, professional appearance. Models come in different colors and band styles. Each watch has a Manufacturer’s lifetime warranty, so your employee can keep enjoying their watch long into their career.

    A DIY watch that makes a great gift.

    Show your employees that you appreciate them and see what it does for the morale and motivation of your team.

    For a limited time, get the Rotate® DIY Watchmaking Kit on sale for $149.99 (reg. $195).

    Prices subject to change.

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    Entrepreneur Store

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  • How to Improve Your Relationships — Both Personally and Professionally | Entrepreneur

    How to Improve Your Relationships — Both Personally and Professionally | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    Almost everyone I know wants a better relationship with someone. Usually, it’s a spouse or significant other, but many of us also want better relationships with our direct reports, boss or peers. At home, we often want better relationships with our parents, kids or friends.

    Lately, as I’ve coached clients, I find myself giving some of the same advice repeatedly. Here are the top four practices that have consistently resurfaced in my conversations with clients.

    Related: How Can Entrepreneurs Improve Their Personal Relationships? 8 Experts Weigh in.

    1. Think about “love” as a verb, not a noun

    All too often, we talk about “love” as if it’s a noun. Something to be found, something that happens to us. The most successful people I know don’t view love as a noun; rather, they treat it as a verb. They practice it. Don’t wait for others to do things that make you feel love. Proactively choose love. Act lovingly. When we show others love, it’s amazing how much more we simply feel love. Love, like happiness, is something that we can create ourselves. Ask yourself, often, “what would a loving person do right now?” Whatever the answer is, do it.

    Recently, I had a difference of opinion with my partner, David, before we both started our workdays. For most of that day, I didn’t feel much love toward him. In the late afternoon, however, I realized that I could simply choose to love him. Typically, David does our grocery shopping. That day, even though I felt angry and frustrated over our discussion that morning, I got in the car and headed to the grocery store myself. I knew David had a busy day planned and doing all our grocery shopping that week would greatly help him. By the time I returned home, I already felt much more love for him.

    2. Regularly ask (and talk) about feelings

    So often, when there’s a difference of opinion, we forget to both ask about feelings and share our own. Saying: “I feel alone, hurt, disappointed or surprised because of X” is much different than saying: “I don’t like it when you do X.” For most of us, talking about our feelings is like emotional oxygen and psychological air. When we get to talk about our feelings, we often feel seen, heard, valued and appreciated. Hearing about someone else’s feelings and sharing our own reminds us that we’re on the same team, not opposing sides of a battlefield.

    After hearing the feelings of others, it often makes sense to paraphrase or repeat back what you heard; this is a way of checking for understanding. You might say: “It sounds like you’re feeling betrayed because of this; is that right? Gosh, I’m so sorry to hear that. That must be so difficult.” Don’t forget to both ask how others feel and also share your own feelings. Once feelings are on the table, it’s amazing how quickly we can move toward solutions.

    Related: Dealing With Feelings: How to Be an Emotionally-Aware Leader

    3. When you screw up, apologize authentically and genuinely

    We are human. We all make mistakes. When you do, apologize, but do so genuinely. First, get specific. Don’t just say: “I’m sorry for what happened Saturday night.” Instead, let the other person know you’re truly sorry for exactly what happened by stating it, out loud. Also, take the time to (once again) state how you imagine (or know) the other person feels. Acknowledge how your behavior affected them.

    Finally, make a point to commit to change. Talk about what you’ll do to ensure that the same thing won’t happen again. You might say: “I am so sorry that I was late to our appointment and kept you waiting for 25 minutes. I can see I didn’t respect your time, and this made you feel like I don’t care about our relationship as much as you do. I value our relationship very much, so that’s not going to happen again. Going forward, I’m going to set an alarm before I need to leave for our meetings, and also put a reminder on both my personal and professional calendars.” Additionally, taking the time to apologize in person or over the phone (instead of via email or text) can carry a lot of weight. This shows the relationship really matters to us, and we’re serious about our apology.

    Finally, don’t make excuses or blame outside factors for what happened. Sure, the weather or traffic might’ve helped cause your tardiness, but citing those things in your apology only shifts responsibility away from you, and what you’re wanting to show is that you’re ready to take accountability and own it. So, remain focused on what more you could’ve done; not anything else.

    Related: The 3 Most Important Phrases In the Entrepreneurial Vocabulary

    4. Recognize and respect your differences with others

    All too often, people say things like: “She shouldn’t have done this. I would never do that.” We tend to think that our way is the right way — or worse, the only way. Don’t fall into this trap. Beliefs, values and paradigms are not all universal. Remember that the person you’re interacting with probably learned different social norms than you did when you were growing up.

    Avoid judging those who don’t share your default ways of behaving. Instead, get curious. Take the time to ask questions and learn about why someone does what they do. Then, respectfully talk through your way of doing it (and your why). The best relationships are ones where two people or a group decide together, as a team, what the established norms and rules for the relationship should be.

    When we practice these four things in relationships, our relationships not only work better and last longer, but we’re also able to move through conflict more quickly. Many people who follow these four practices find their relationships can withstand more conflict or confusion, and misunderstandings are easily recoverable.

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    Amy M Chambers

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  • Am I being tricked into overtipping when I eat out? Should I tip before or after sales tax is added?

    Am I being tricked into overtipping when I eat out? Should I tip before or after sales tax is added?

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    Dear Quentin,

    I’ve read your previous responses to letters on tipping, and my thoughts are simple: Tipping is dependent on the service given. I won’t tip at a deli counter, but I will tip more in a diner. I see no reason to tip a deli counter person on a regular basis. The person who rings up my groceries isn’t allowed to accept tips, and they do a lot more than put a sandwich in a bag.

    As far as restaurants go, 15% is the starting point and I will go up from that as warranted. I do tend to tip a high percentage in diners. The waitstaff there are generally fabulous, deal with lower price points and a varied clientele. I feel they also suffer from customer bias where some people seem to think it’s only a diner not a fancy restaurant.

    “‘Helping others is not always through money. I volunteer my time with several charities and donate blood.’”

    The job is the same whether my meal is $10 or $100. I try to pay in cash to ensure the waitstaff is promptly getting their tip, and to ensure that the money does indeed go to the wait staff. Are we expected to tip on a total that includes credit-card charges? What’s more, helping others is not always through money. I volunteer my time with several charities and donate blood.

    What troubles me is that throughout the New York City metro area, tipping recommendations in restaurants are based on faulty calculations. My friends and I all agree that tips are supposed to be based on the price of the meal — that is the subtotal or pre-tax figure. Restaurants frequently encourage people to tip on the final amount. 

    A Fair Tipper

    Related: I’m sick and tired of tipping 20% every time I eat out. Is it ever OK to tip less? Or am I a cheapskate? 

    Dear Fair,

    Yes, yes, yes, and yes. 

    Yes, wait staff in diners work as hard as any restaurant worker, and they deserve whatever your optimum tip — 15% or 20% — and as much as you would tip in a white-tablecloth restaurant. Yes, consumers should not be expected to tip in a deli — unless you have a good relationship with the staff, and you tip occasionally for goodwill. If you choose to “skip” the charity donation in a pharmacy, that’s OK too. Yes, donations and tips are increasingly being conflated, and that’s not always a good thing. We should be comfortable with the charity and 100% sure that the donation is going to the charity in question. 

    And your main point: Yes, tipping on the subtotal before tax and before credit-card charges is absolutely fair, although a lot of people — especially when calculating the tip among friends — tip on the after-tax total. Why? Perhaps we don’t want to be seen splitting hairs over the tax among friends and/or in front of a service worker who has given us exemplary service. Calculating tips is often done under pressure, and no one likes to be seen as a cheapskate. I almost always tip on the total amount, knowing that the sales tax is included, primarily because I figure that extra $1 or more is going to the person who served my table.

    My colleague, MarketWatch news editor Nicole Pesce, put together a guide for how much you should tip everyone, and who you should NOT tip. She also cited three reasons why tipping has become such a note of contention, and why it appears we are tipping more: people tipped staff more during the pandemic (they were, after all, putting their health and lives at risk with their jobs); 40-year high inflation over the last 12 months has increased the cost of everything and, as such our tips rose in tandem with prices; and, finally, digital tipping appears to be ubiquitous, and people have been suffering from tipping fatigue. 

    “‘You’re not the only one: Americans are souring on tipping.’”

    You’re not the only one with tipping fatigue, though: Americans are generally souring on tipping. A large majority (66%) of U.S. adults have a negative view about tipping, according to a poll released by the personal-finance site Bankrate last month. The bottom line: consumers feel they are being forced to compensate employees for low pay (41%) and they don’t appreciate all that digital guilt tipping (32%) and, as a result, they believe that tipping culture has gotten out of control (30%). Respondents also said they were confused about how much to tip (15%), but a small minority (a paltry 16%) said they would be willing to pay higher prices in lieu of tipping.

    People appear to be less generous with their tipping amounts, and they also appear to be tipping less often. What’s perhaps most surprising from Bankrate’s research is that only 65% of diners actually tip when they eat out (that’s down from 73% last year). After restaurants, people are most likely to tip barbers/hairdressers (53% of those polled) and food-delivery workers (50%). From thereon, only a minority of people say they tip taxi or rideshare drivers (New York City cabs, which give tipping options upon payment, may be an outlier here), hotel housekeepers, baristas and food-delivery workers.

    It’s important that we have this conversation about tipping because expectations and digital tipping methods are evolving all the time. On the one hand, people are facing higher prices and they are understandably feeling under pressure to tip. On the other hand, this conversation naturally overlaps with the working conditions and pay of service workers. Americans are tipping less than they did during the worst days of the pandemic. Service workers — along with medical personnel, bus and train drivers and first responders — were among the heroes of the pandemic. That is something I hope we never forget.

    “The person who rings up my groceries isn’t allowed to accept tips, and they do a lot more than put a sandwich in a bag,” the letter writer says.


    MarketWatch illustration

    Also read:

    ‘I respect every profession equally, but I feel like so many people look down on me for being a waitress’: Americans are tipping less. Should we step up to the plate? 

    ‘We’re very upset!’ We gave a friend $400 concert tickets and $2,000 Rangers seats, but weren’t invited to his wedding. Do we speak up?

    ‘All of these tips add up’: If a restaurant adds a 20% tip, am I obliged to pay? Should tipping not be optional? 

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  • Why You Need a “To Don’t” List to Be a Great Leader | Entrepreneur

    Why You Need a “To Don’t” List to Be a Great Leader | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    Are you one of those business owners who tend to create a never-ending stream of to-do lists? Maybe you even draw those little squares next to each task and feel a bit of a dopamine rush each time you check off another box.

    To-do lists are such simple but effective task tools for busy entrepreneurs. Of course, in today’s digital world, you might not be putting pen to yellow pad, opting instead for a scheduling or time management application. Whether high-tech or old-school, to-do lists serve a very important purpose in the life of an active business owner. They keep us on track, on task and on time.

    Many of the more organized folks among us carve out time each evening to plot the coming day and prepare their to-do lists accordingly. However, that level of systematic mapping is not for everyone. Many successful people I know maintain a remarkable to-do list in their heads and tackle these tasks as they have the time. The reality is, in one form or another, all business owners have a running to-do list. And those lists can be overwhelming at times.

    That is the dirty little secret about to-do lists. While they might feel comforting in that they allow us to gauge our progress related to our pending tasks, they mask the fact that many of those activities have no business being on that list in the first place. And when I say many, I really mean most.

    So perhaps it is time for a different kind of list.

    Related: 3 Traits Every Successful Entrepreneur Should Have

    You’re not supposed to do it all

    I had a wonderful associate at The Alternative Board, the late great Steve Davies. He was in the office one day and noticed that I was drowning in an endless sea of tasks; my exhausting to-do list was truly unrelenting. I will never forget how Steve looked me straight in the eye, pointed at my list and said, “As the CEO of a global organization, you shouldn’t be doing half of those things.” I knew he was right, but nobody had ever mentioned it before.

    Steve helped me to get things under control by insisting I put together what he called a To Don’t List. He made it really simple. And it was a pivotal moment in my leadership journey.

    Creating a To Don’t list

    Steve explained that I should keep a piece of paper or notepad in the top drawer of my desk. Then came the self-awareness part. He said that whenever I caught myself doing a task that I probably should not be doing, or that could be done more efficiently by someone else, I needed to pull out that sheet of paper and write the task down.

    I want to be clear here. The items added to my To Don’t List were not there because they were below my pay grade. They were not beneath me. They were simply tasks to which I didn’t add any particular value and prevented me from executing higher-level strategic objectives for the organization. So they were prime candidates for delegation.

    Then it was time for some reflection. Once a week or so, I was to review that list and pick one or two items just to stop doing. It was scarier and felt a little more daring than it sounds. I asked myself, who could do this better? Someone internally? Should it be outsourced? Or perhaps the task held such little value that it should be eliminated.

    This was a big step in the right direction. Slowly but surely, my To Don’t List allowed me to spend less time on the things that weren’t really important and more time on the things that required my attention. Throughout the years, it has helped me increase my productivity tremendously.

    Related: You Don’t Have to Go It Alone. It’s Time to Let Go and Let Others Help.

    Tasks for your To Don’t list

    Every business owner is different, as is what is required of them to run a thriving company. But here are some common items you might consider as prime candidates for your own To Don’t List.

    Administrative Tasks: Particularly if you have a secretary or executive assistant, consider delegating the preponderance of scheduling and routine paperwork to someone else.

    Daily Ops: Unless yours is a small business that lacks the staff to conduct day-to-day operations, like inventory or order processing, leave those tasks to your team – and refrain from micromanaging them while you are at it.

    Technology Troubleshooting & Maintenance: If you have an IT team, consider them your resident experts. They likely don’t need substantial input at a technical level, although you are likely still required strategically.

    Routine Decision-Making: Your organization needs your vision. They need your leadership. What they don’t need is for you to oversee every minor decision — delegate decision-making authority to trusted managers.

    Employee Supervision: It is not your responsibility to babysit your team. They are professionals who are capable of performing their jobs without you breathing down their necks, so let them.

    I sometimes wonder if my colleague Steve realized how positively and profoundly his simple advice on creating a To Don’t List affected me as a business leader.

    I hope it works for you too.

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    Jason Zickerman

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  • Save $479 When You Purchase This Projector and Screen Just in Time for Summer | Entrepreneur

    Save $479 When You Purchase This Projector and Screen Just in Time for Summer | Entrepreneur

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    Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

    Just because you’re a busy entrepreneur doesn’t mean you can’t have a little fun this summer. And if you’re not among the 50% of Americans headed for a vacation this season, you can still ensure you’re making memories at home with some help from the Watch From Anywhere Bundle, packed with a Wemax Go Projector and a 40″ Portable Screen.

    Host epic movie nights or quiet nights in with the family with the Watch From Anywhere Bundle, which provides everything you need to kick back and relax in the backyard and beyond. Purchasing both of these items separately would set you back $679, but with this bundle, they can be yours for $479 off at just $199.97, right here until July 23 — less than what each item costs individually.

    Whether you’re purchasing for yourself or buying as a show stopping gift for others, the Watch From Anywhere Bundle ensures fun will be had by all no matter where they are. This home theater setup allows total flexibility when it comes to where you watch movies. Set up a home theater in your living room, head to the backyard for cinema under the stars, or even take it on your next camping trip for some extra entertainment in the great outdoors.

    The included Wemax Go Smallest ALPD Laser Projector is ultra thin, measuring in at less than one inch thick. But don’t be deceived by its sleek and portable size — it features patented ALPD Laser Technology that offers crystal clear picture projection. It also has built-in Wi-Fi so you can watch content on the go.

    And you can watch it all thanks to the Wemax 40″ Pull Up Portable Projector Screen. This ultralight, compact screen has been created with mobile tabletop projection in mind. It’s easily retractable from the compact aluminum case, so set up and take down only takes seconds. And it can be played on any surface or table.

    Snag the Watch From Anywhere Bundle, which includes a Wemax Go Projector and a 40″ Portable Screen for just $199.97 (reg. $679) now through July 23, just in time for summer night magic.

    Prices subject to change.

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    Entrepreneur Store

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  • Biggest Resume Red Flag According to Former Google Recruiter | Entrepreneur

    Biggest Resume Red Flag According to Former Google Recruiter | Entrepreneur

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    Less is more when it comes to crafting the perfect resume, according to this industry expert.

    Nolan Church, a former Google recruiter and current CEO of talent marketplace Continuum, says his biggest resume faux pax is too many words and not a lot of context.

    “The No. 1 thing I don’t want to see on a resume is probably text bricks,” he said in an interview with CNBC Make It, adding that if he sees “endless streams of text” on an applicant’s credentials, “there’s zero chance you’re going to move forward.”

    RELATED: 19 Best Skills To Put on a Resume That Employers Will Love

    Instead, Church advises people to “optimize a resume for 10-second viewership” with short sentences that highlight the most important points, making it faster for HR to review your credentials and move along in the hiring process.

    Church finds that people often go wrong when describing their daily duties, and says a concise one-line bullet below each job title should suffice. With short-hand communication like Slack and email so pertinent in office culture, getting to the point fast and clearly is crucial.

    RELATED: Exploring the 6 Different Types of Resumes

    “If you can’t succinctly describe what you’ve been doing in your career, there’s just no way you’re going to be able to succinctly write in the workplace,” Church said.

    He recommends the tools ChatGPT and Grammarly to cut down on words and consolidate descriptions. Additionally, he suggests having at least five to 10 people review and provide feedback on your resume. That way the next time a recruiter sees your credentials, they will be finely tailored.

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    Sam Silverman

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  • Lionel Messi set to make his Inter Miami debut in Leagues Cup opener against Cruz Azul

    Lionel Messi set to make his Inter Miami debut in Leagues Cup opener against Cruz Azul

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    FORT LAUDERDALE, Fla. (AP) — Lionel Messi’s debut gameday with Inter Miami has arrived.

    Messi is expected to play Friday night when Inter Miami takes on Cruz Azul in a Leagues Cup match at his new home stadium. Team officials say all tickets — about 21,000, in a newly expanded stadium — have been sold, though thousands were available for resale on secondary markets Friday morning.

    It’s unclear how much Messi, a World Cup champion for Argentina and someone who Inter Miami co-owner David Beckham calls the best player ever, will be on the field in his debut. He signed a 2-1/2 year contract with Inter Miami this past weekend, and the deal will pay him between $50 million and $60 million annually. That will almost certainly work out to more than $1 million per match.

    He was introduced to his new home fans on Sunday and officially trained for the first time as a member of the club Tuesday.

    Messi made the decision in June to join Inter Miami and come to Major League Soccer. He considered a return to Barcelona, the club with whom he spent almost the entirety of his career, after spending the last two seasons with Paris Saint-Germain.

    But Inter Miami and MLS found a way to land the seven-time Ballon d’Or winner in Messi, setting the stage for an unprecedented era for the club that has largely sputtered during its first four seasons.

    Leagues Cup is a tournament between clubs from MLS and Liga MX, the top Mexican league. Cruz Azul won the inaugural version of this event in 2019.

    Neither club has enjoyed much success this season. Inter Miami has the fewest points in the MLS standings; Cruz Azul is the only team in the Mexican league yet to record a standings point through the season’s first three matches.

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  • 3 Steps to Overcome the Fear of Uncertainty and Daily Stress | Entrepreneur

    3 Steps to Overcome the Fear of Uncertainty and Daily Stress | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    In times of chaos and uncertainty, we often find ourselves overwhelmed, reacting impulsively to the stresses of the moment. It’s only later that we may realize we could have responded with more grace, poise and thoughtfulness. This lack of resilience often stems from depletion — when we are physically, emotionally or mentally drained, we become more likely to lash out or overreact when faced with unexpected challenges.

    Resilience is the key to responding thoughtfully to unexpected changes. However, depletion can hinder our ability to maintain a calm and collected demeanor in the face of adversity. As exemplified by Will Smith’s outburst at the Academy Awards last year, even successful and wealthy individuals can struggle to maintain resilience. Therefore, it is essential to replenish our reserves so that we can navigate whatever struggles come our way.

    Related: How to Let Go of Fear in Times of Uncertainty

    Resilience and daily rituals

    The Resilient Leader Assessment, a survey of over 5,000 business leaders and professionals, revealed that many individuals are operating with depleted reserves of mental, emotional, physical and even spiritual resilience. Of those surveyed, only 6% exhibited what we call “change-proof resilience,” with 34% being vulnerable to acute and chronic stress. However, hope remains — by establishing rituals to renew and replenish ourselves in these four resilience zones (physical, mental, emotional and spiritual), we can build our capacity to regenerate our energy reserves incrementally.

    It is crucial to practice resilience before we need it. We can do so by engaging in daily rituals such as exercising, meditating and taking breaks in the midst of our busy work schedules. With practice, we can also learn to react to unexpected situations in a more collected manner.

    Resilience is not just about bouncing back, but embracing change with unwavering strength and adapting to the winds of transformation.

    Related: 7 Ways to Build Resiliency in Challenging Times

    3 simple steps to help you overcome the fear of uncertainty and daily stress

    Our natural response to uncertainty and adversity is often fear-based, leading to a primitive fight-or-flight response that impairs our critical thinking skills. One way to inoculate yourself against fear generated by uncertainty is a strategy I call Pause-Ask-Choose. This is a method to help you reframe and discover opportunities when you are faced with any kind of challenge. When you feel stress and tension rising in your body, use that feeling as a reminder to:

    • Pause: Stop and take several deep breaths. Doing this is like rebooting your computer when it is slogging along under the strain of all the tabs you have open before it freezes. This pause is meant to create space for you to be conscious of this next, very important step.

    • Ask: This is where you can reframe and discover the deeper meaning in whatever challenge you are facing. Reframe the moment for your growth by asking questions like: “What’s the creative opportunity here?” or “What don’t I see?” or “What can I be grateful for?”. These types of questions might not provide the immediate solution or answer you’re looking for, but what they will do is provide a new perspective, which will undoubtedly open your mind to see the situation through an entirely new set of lenses. The effect will be cascading, and soon enough, the entire situation will look differently to you — just from pausing and asking.

    • Choose: Choose to ritualize your recovery for higher performance in the future. When we choose, we are consciously ritualizing small, daily practices for our personal recovery to create mental, emotional, physical and spiritual integration and harmony. This choice to deal with our depletion before it becomes a problem is truly a game-changer for our levels of energy and even our attitude and mindset going forward.

    The more we practice, the easier it becomes to replace our fight-or-flight responses and ritualize Pause-Ask-Choose as our default coping strategy. Taken together, the three steps give us a simple, repeatable formula for becoming a resilient agent of change, instead of a victim to it.

    Related: Mastering the Art of the Reframe Is the Key to Building Resilience. Here’s How to Do It.

    It may not happen overnight, but with consistent effort, we can rewire our default reactions and develop a new mindset that embraces change as an opportunity for growth. As we become more adept at pausing to reflect, asking ourselves empowering questions and making conscious choices to recover from depletion before it drags us down, we shift from being passive recipients of change to active agents who shape our own destinies. With each successful implementation of this formula, we build our capacity to navigate the ever-evolving landscapes of work and life and emerge stronger, wiser and more resilient than ever before.

    Each step in the right direction is one step closer than you were before.

    By choosing to ritualize our recovery through small, daily practices that promote mental, emotional, physical and spiritual harmony, we grow in our capacity to handle whatever is happening in the moment — resiliently. By prioritizing our well-being and replenishing our energy reserves, we can face unexpected challenges with calm, grace and poise. And in that moment, we have gained a distinct resilience advantage in a world that isn’t going to slow down anytime soon.

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    Adam Markel

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  • 6 Ways to Harness the Power of Psychology for Wealth Creation | Entrepreneur

    6 Ways to Harness the Power of Psychology for Wealth Creation | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    In entrepreneurship, success and wealth are often seen as the ultimate markers of achievement. However, it is essential to recognize that true success is not merely measured by monetary gains but by a profound sense of fulfillment and well-being.

    Positive psychology, a transformative approach to personal and professional growth, holds the key to unlocking your full potential and creating a life of abundance. In this article, we will explore how positive psychology can guide you on your journey to wealth and success, empowering you to build a prosperous business and a life of happiness and meaning.

    Related: Unlocking Financial Abundance: How Positive Psychology Can Make You a Multimillionaire

    1. The power of a positive mindset

    Positive psychology emphasizes the importance of cultivating a positive mindset as the foundation for success. Your thoughts shape your reality, and by embracing a positive outlook, you can overcome challenges, maintain resilience and attract abundance into your life. Research has shown that individuals with a positive mindset are more likely to take risks, persevere in adversity and ultimately achieve their goals.

    Cultivate optimism by focusing on positive affirmations, practicing mindfulness and reframing negative thoughts into opportunities for growth. Practice gratitude daily, as it enhances your well-being and helps you recognize the abundance that already exists in your life. Remember, wealth and success begin in the mind.

    Related: What Every Entrepreneur Can Gain From Mindfulness

    2. Embrace growth and embody resilience

    Entrepreneurship is a journey filled with ups and downs. To thrive in this ever-changing landscape, embracing growth and cultivating resilience is crucial. Successful entrepreneurs understand that setbacks and failures are not permanent roadblocks but valuable stepping stones on the path to success.

    Embrace a growth mindset, which is the belief that your abilities and intelligence can be developed through dedication and hard work. See setbacks as opportunities for learning and growth, and approach them with curiosity and a willingness to adapt. Foster a resilient spirit by building a support network, seeking mentorship and practicing self-care. Resilience is the key to navigating challenges, bouncing back stronger and ultimately achieving lasting success.

    3. Harnessing the power of emotional intelligence

    Emotional intelligence is a critical factor in building successful businesses and meaningful relationships. It involves understanding and managing your own emotions effectively, as well as empathizing with others. By cultivating emotional intelligence, you can foster strong connections, inspire trust and lead with compassion.

    Successful entrepreneurs recognize the importance of self-awareness, which involves understanding your strengths, weaknesses and triggers. By understanding yourself better, you can make more informed decisions, handle stress effectively and build authentic relationships with employees, customers and partners.

    Additionally, empathy allows you to understand the needs and perspectives of others, fostering better communication, collaboration and teamwork. Emotional intelligence not only enhances your personal well-being but also contributes to building a positive and supportive work environment.

    4. Building a purpose-driven business

    Aligning your entrepreneurial journey with a larger purpose catalyzes extraordinary success. When you are driven by a mission that goes beyond mere profit, you tap into a wellspring of motivation and fulfillment. Start by defining your values and understanding the impact you want to make in the world. What problem are you passionate about solving? How can your skills and expertise contribute to positive change?

    You can create a business that serves the greater good and provides a sense of purpose by answering these questions. When your work is aligned with your values and drive, you are more likely to stay committed, persevere through challenges and attract like-minded individuals who share your vision. Your purpose-driven business becomes a vehicle for making a positive impact on society, and as a result, financial success becomes a natural byproduct.

    Related: 9 Tips for Finding Your Life Purpose

    5. The power of collaboration and networking

    Building a successful business requires collaboration and networking. Surround yourself with a supportive network of mentors, peers and industry experts who can guide and inspire you on your path. Collaborating with others not only expands your knowledge and resources but also opens doors to new opportunities.

    Actively seek out networking events, conferences and communities where you can connect with like-minded individuals and potential business partners. Be open to sharing your knowledge and experiences and learning from others. Collaboration breeds innovation and accelerates your path to success. Remember that true success is not achieved alone but through the collective efforts of a supportive network.

    Related: Effective Networking Requires Mastering These 5 Skills

    6. Gratitude and abundance

    Gratitude is the ultimate magnet for abundance. In the pursuit of wealth and success, it is easy to get caught up in the cycle of always striving for more. However, practicing gratitude allows you to recognize and appreciate the progress you have made, the lessons learned and the people who have supported you along the way. By focusing on gratitude, you shift your mindset from scarcity to abundance, opening yourself up to limitless possibilities. Gratitude helps you maintain a positive outlook, enhances your overall well-being and attracts more positive experiences into your life. Embrace an abundance mentality, recognizing that there is enough success and wealth for everyone. When you cultivate gratitude and abundance, you attract wealth and success effortlessly.

    Positive psychology is a transformative approach that empowers entrepreneurs to create extraordinary lives of wealth, success and fulfillment. With the power of positive psychology, you can unleash your entrepreneurial potential and build a life of abundance and success.

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    Brian H. Robb

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  • ‘I was outraged’: Our restaurant bill was $35 each, but our friend wanted to pay $22 for a gluten-free dish. Who’s right?

    ‘I was outraged’: Our restaurant bill was $35 each, but our friend wanted to pay $22 for a gluten-free dish. Who’s right?

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    Dear Quentin,

    I went for dinner with six friends last weekend, and we each ordered entrees and desserts, and some side orders. One of our group only eats gluten-free food, so he ordered two starters. We split the bill, and it worked out at $36 each. But our gluten-free friend cried foul, and asked for a separate check to pay $22 for his gluten-free dish. I was outraged — and almost felt physically sick. I kicked my husband under the table, and said under my breath, “Can you believe that?’

    Can you believe it? Do you think he should have just paid the $35 instead of asking for a separate check? Adding insult to injury, he left the waiter a $10 tip. Why not just pay $35 like everyone else? I told my husband I was never going for dinner with him again. Don’t you think he should have just paid $35 like everyone else? It was a big crowd. If everyone did that, you’d need a forensic accountant to figure out how many breadsticks someone ate. 

    We otherwise had a nice evening, and it was a bring-your-own-bottle restaurant. I work as a teacher and my husband works in tech. We own a home together and have three kids. Our gluten-free friend is a freelance consultant, and is divorced with two kids. He had a very privileged upbringing. I worked hard for everything I have. I’m not saying any of us are rich, but when we go out to eat, we like to share and share alike, and split the bill down the middle. 

    When did eating out become so full of these cringeworthy moments?

    Equal Bill Splitter

    Dear Equal,

    I’m sorry to say that the most cringeworthy moment here happened when you kicked your husband under the table. I’m not a big fan of under-table communication in a group, and while we could debate the pros and cons of asking for a separate check for a $13 difference, I don’t think there’s much of a gray area when it comes to calling someone out at the dinner table, especially when your eye-rolling and disapproval could be picked up by the other guests.

    As far as your friend is concerned, $13 is a lot of money to pay when you did not eat all the food that was ordered by the table. Maybe it doesn’t seem like it to you or anyone reading this column, but your friend is divorced with two kids, and works as a freelancer — so let’s assume his income is not always stable. Could he have just split it down the middle and paid $35 and another 15% or 20% for a tip? Sure. But he has good financial boundaries. I applaud him.

    The real issue here may go back to your respective upbringings, and could explain your dramatic — and I would argue disproportionate reaction — to your friend asking for a separate $22 check. You’ve worked hard, and maybe your friend had an easier start in life, but that doesn’t mean he’s not entitled to pay for what he ate, and watch every dollar. Divorce is like a recession. You can end up struggling to get back on your financial feet for years.

    Perhaps your friend had always intended to pay $22 for his gluten-free dish, and tip the server 50%, or perhaps he has a well-trained side eye and caught your reaction to his paying for his own order, and he decided to pay closer to what everyone else had paid. But ordering separate checks, I suspect, will become more common as prices continue to rise, even at a slower pace, and people feel uncertain about spending money in restaurants. 

    You believe in equality of bill splitting. I suggest you apply that equality to all dinner guests, regardless of upbringing and dietary restrictions, and allow them to make their own choices about what they pay for at dinner. People often have problems — financial or otherwise — that we are not aware of, so try to leave space for that. And if your friend did see your eye-rolling and under-the-table antics? I’d like to think he made space for your behavior too.

    Readers write to me with all sorts of dilemmas. 

    By emailing your questions, you agree to have them published anonymously on MarketWatch. By submitting your story to Dow Jones & Co., the publisher of MarketWatch, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.

    The Moneyist regrets he cannot reply to questions individually.

    More from Quentin Fottrell:

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    ‘I’m living paycheck to paycheck and I feel drained’: My fiancé said he would pay half of the mortgage. Guess what happened next?

    ‘We live in purgatory’: My wife has a multimillion-dollar trust fund, but my mother-in-law controls it. We earn $400,000 and spend beyond our means.

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