'Why Fear Can Be a Good Thing' —

Sheila Johnson, the first African-American female entrepreneur to be worth $1 billion, tells WSJ's Veronica Dagher why some women don't help each other, the story behind founding Salamander Hotels and Resorts and BET, and how she's investing in other women's companies. Source: Market Watch
This video originally appeared on WSJ Video
Posted November 6, 2019

The Power of a Business Mind:

Learned to appreciate and respect the power of a business mind.
“Don’t ask what the world needs. Ask what makes you come alive, and go do it. Because what the world needs is people who have come alive.”— Howard Thurman

The Psalm of Howard Thurman

Purpose.  It’s powerful.

'Purpose and the Business Mind' by J.D. Meier
Passion and purpose are one thing, but building a strong business mind can help you recognize, identify, and pay attention to opportunities and value. A well-trained business mind is skilled at creating and capturing value. A well-trained business mind also knows how to think in terms of systems, sustainability and growth. Article:

Purpose and the Business Mind

"Don't ask what the world needs. Ask what makes you come alive, and go do it. Because what the world needs is people who have come alive." - Howard Thurman Purpose. It's powerful. When you combine purpose with a business mind, the world is your oyster.

Join J.D. Meier on a quest for better insights and actions for work and life.

Learn how to lead with impact from a visionary creative leader —

Anna Wintour knows how to be a boss!

MasterClass: Anna Wintour

How to Be a Boss
This fashion and media icon has been driving our cultural conversation for more than 30 years.
The Vogue Editor-in-Chief and Artistic Director of Condé Nast takes off her signature sunglasses and gives you unprecedented access to her world. See how Anna nurtures talent, makes bold decisions, and evolves a brand. Learn how to lead with impact from a visionary creative leader.

Anna Wintour gives unprecedented access to her world, teaching you how to lead with vision and creativity—and without apology.

MasterClass | Anna Wintour on How to Be a Boss

In her new MasterClass, Anna Wintour-Editor-in-Chief of Vogue magazine and Artistic Director and Global Content Advisor of Condé Nast-takes off her signature sunglasses and gives you unprecedented access to her world. Learn leadership skills from an icon in the media and fashion industries.

200 America’s top business leaders issued: a new definition of the “purpose of a corporation”

Shareholder value is no longer the main focus.
Source: Article by Maggie Fitzgerald via CNBC

 The reimagined idea of a corporation drops the age-old notion that corporations function first and foremost to serve their shareholders and maximize profits. Rather, investing in employees, delivering value to customers, dealing ethically with suppliers and supporting outside communities are now at the forefront of American business goals, according to the statement at The Business Roundtable, a group of chief executive officers from major U.S. corporations.
Here's the full Business Roundtable statement:

The CEOs of nearly 200 companies just said shareholder value is no longer their main objective

Shareholder value is no longer the main focus of some of America's top business leaders. The Business Roundtable, a group of chief executive officers from major U.S. corporations, issued a statement Monday with a new definition of the "purpose of a corporation."

Each of our stakeholders is essential. We commit to deliver value to all of them, for the future success of our companies, our communities and our country.

Great Leadership is the Secret: Changing the World

Business Leadership, Leadership
13 Business Leaders Who Changed The World
Just like empires, companies can come and go with the times. However, there are some that last for ages, and great leadership is the secret. Great leaders have the ability to motivate employees, help others see and believe in a vision, and lead innovation in the company. Having a great leader at the helm is something that all investors, consumers, and employees want. Here is a list of the 13 most influential business leaders that are changing the world:

13 Famous Business Leaders Who Changed The World | CMOE

Just like empires, companies can come and go with the times. However, there are some that last for ages, and great leadership is the secret. Great leaders have the ability to motivate employees, help others see and believe in a vision, and lead innovation in the company.

Attribution: Courtesy via CMOE
CMOE’s Design Team is comprised of individuals with diverse and complementary strengths, talents, education, and experience who have come together to bring a unique service to CMOE’s clients. The CMOE team has a rich depth of knowledge, holding advanced degrees in areas such as business management, psychology, communication, human resource management, organizational development, and sociology.

Inside the Minds of Business Leaders

They changed the world: 10 Great Business Leaders

There’s no greater, more fascinating story out there than world history itself.
If you find yourself wanting to model your business style off of the successful leaders from decades gone by, consider these greats; they’ve all changed the world in one way or another.
The 10 Greatest Business Leaders of All Time:

The 10 Greatest Business Leaders of All Time

There's no greater, more fascinating story out there than world history itself. If you find yourself wanting to model your business style off of the successful leaders from decades gone by, consider these greats; they've all changed the world in one way or another.

Attribution: Jessica Lunk via Hatchbuck

Building an Empire: Les Wexner:

On Building an Empire:
'On not trying to build my business.
The punishment would have been never to be able to try.'

Leslie H. Wexner doesn’t miss a detail.
An all-consuming curiosity and acute powers of observation for spotting slight shifts in popular culture and consumer behavior have enabled the chairman and chief executive officer of L Brands to take a groundbreaking fashion concept and morph it into a juggernaut, embracing fine fragrance, bath, body and personal care, plus home fragrance. The result: 2015 retail sales of an estimated $4.7 billion — one-third of the $12.15 billion grand total for L Brands sales.

This story first appeared in the June 8, 2016 issue of WWD:
A freewheeling interview with Leslie Wexner reveals a sharp eye, a well-read mind and enough curiosity to build an empire.

Leslie Wexner On Building an Empire

Leslie H. Wexner doesn't miss a detail. An all-consuming curiosity and acute powers of observation for spotting slight shifts in popular culture and consumer behavior have enabled the chairman and chief executive officer of L Brands to take a groundbreaking fashion concept and morph it into a juggernaut, embracing fine fragrance, bath, body and personal care, plus home fragrance.

Some CEOs buy sports teams.
Les Wexner bought the town of New Albany, Ohio.
New Albany was founded in 1837, but its story really begins in the late 1980s, when Wexner was looking for somewhere to build a country home. The Columbus, Ohio, native spent weekends scouring central Ohio for the perfect spot to construct his rural getaway. That’s how he found New Albany—which was then only “a community of plain topography,” as Wexner put it in a written response to emailed questions.

After buying 30 acres and then an additional 30, Wexner became “intrigued” with building something larger. It was dirt-cheap at the time. A 90-acre plot for his mansion was valued by the county auditor at $192,300 in 1987, a couple of years before Wexner bought it. That same parcel—land and property—is now valued at $45.6 million.
Article by Sophie Alexander: Billionaire Behind Victoria’s Secret Built His Version of the American Heartland

 On Leadership
'I firmly believe leadership is not just an important thing. It's the most important thing.'
— Les Wexner, chairman and CEO, L Brands

Inside The Minds: 100 Must-See Interviews–

With the World’s Most Successful Entrepreneurs
At Under30CEO they think big.
In 2011 U30CEO published a list of the Top 50 Most Motivational People on the web and things got a little crazy. The article created an incredible buzz all over the web and fired up their audience to go out and make something happen.

Start an Epic Business, and Score the Life You Want
For young entrepreneurs in pursuit of financial success (a great guide for that is the book Rich20Something which teaches millennials how to start businesses in the 21st century).

Successful investors like Ron Conway say they’d rather invest in an 18-year-old Mark Zuckerberg than a 31-year-old seasoned entrepreneur because the young Sean Parker types truly think the sky is the limit. Under30CEO carried that mentality into the interviews conducted: A look to the past future.

Inside The Minds
Explore: U30CEOs' ENTREPRENEUR INTERVIEWS

And then they made it happen: Successful Women Entrepreneurs

Every successful entrepreneur started somewhere.
There’s no “magic pill” that effortlessly launches you out of your cubicle confinement and into the free world of entrepreneurship. For some, the dream to be your own boss grows for a long time, even years, before it finally comes to fruition. The truth is, great success in business grows from just one, tiny seed. Read what drove these top women entrepreneurs to make their big idea a reality.

Many women we see as powerhouses in business came from humble upbringings.
Working their way up the corporate ladder to rise from personal hardships and tragedies - while fighting gender discrimination, is a common life thread often seen among some of the most successful and famous women in business.

Women-owned businesses continue to be the shining light in the current market.
According to the Center for Women's Business Research, female entrepreneurs generate $2.3 trillion to the American economy and employ more than 18 million people.

Truly inspirational female business leaders
The following women in business have overcome great odds and serve as a beacon for all those to follow. Presently, there are roughly 22 female presidents or prime ministers in the world, and about a dozen women executive sat at the helm of Fortune 500 companies. Getting to the top hasn’t been easy, especially for these top 10 women CEOs.

10 Successful Women Entrepreneurs of Color Share Their Best Advice - Fundera Ledger

So far, 2018 has been a year of activism for women. The #MeToo movement included women in nearly every industry exposing workplace sexism and harassment. It's grown into the action-oriented #TimesUp movement . Equal pay has taken a front seat, too, with major court rulings aiding efforts to close the gender pay gap.

Started Out Late in Life
In the modern world of global commerce, youth is often seen as the key to success in business -- with the idea that younger generations can bring fresh ideas and impetus to the boardroom table. There is plenty to be said for a more experienced head in the business world -- and some of the most successful female entrepreneurs have enjoyed prosperity later in life.
With this in mind, this is a list of six globally accomplished businesswomen who achieved global business success much later in life.

Today, women are sitting side by side and establishing their businesses as household names in a variety of industries, including publishing, technology, fashion, broadcasting and beauty.
And to inspire you to do the same: top female entrepreneurs in the world.

No matter the type or size or your venture, business blogs can offer valuable info, whether it be helpful resources, success stories, or even virtual pep-talks. To save your precious time:
a curated list of business blogs for female entrepreneurs.
Ladies, click — and read — your way to a better business.

The Most Powerful Businesswomen In The World:
It's been a groundbreaking year for women in business. IBM appointed its first female CEO in Ginni Rometty. Sheryl Sandberg led Facebook through a much-anticipated IPO. Irene Rosenfeld is busy splitting Kraft into two public companies, and Marissa Mayer jumped from a top Google exec to the CEO seat at Yahoo.
Attributions:
MARY FERNANDEZ
LAHLE WOLFE
ALISON STORM
Joanna Zambas
Peter Meinertzhagen

“Life-fulfilling work is never about the money- when you feel true passion for something you instinctively find ways to nurture it.”
― Eileen Fisher

And Then They Made It Happen

John Henry: 'Hustle your dreams to the next level'

Entrepreneur John Henry meets the moguls and money-makers of tomorrow doing whatever they can to make it today.

HUSTLE: Host John Henry follows entrepreneurs struggling to take their dreams to the next level begins February 10. Produced in partnership with Cadillac.

Hustle - VICELAND

Videos from Host John Henry Follows Entrepreneurs Struggling To Take Their Dreams To The Next Level.

Be more persuasive in your professional and personal life—

Inside the Mind of Chris Voss:
Life is a series of negotiations you should be prepared for buying a car, negotiating a salary, buying a home, renegotiating rent, deliberating with your partner. Taking emotional intelligence and intuition to the next level, Chris Voss' NSTD gives you the competitive edge in any discussion and The Secret to Winning Any Exchange:

Winning Negotiations: The New Rules in 2019 and beyond
Who knew hostage negotiation actually uses the same principles that apply to all negotiations?! Hostage negotiation started in the 1970s, before Daniel Kahneman’s Thinking, Fast and Slow, before neuroscience, and before emotional intelligence.

We thought we were dealing with an aspect of human behavior that was the exception to everyday life. What we didn’t know is that we were dealing with the essence of everyday life and had the rules for all negotiations. Here are those rules for winning negotiations:

The 5 New Rules for Winning Negotiations

Who knew hostage negotiation actually uses the same principles that apply to all negotiations?! Hostage negotiation started in the 1970s, before Daniel Kahneman's Thinking, Fast and Slow , before neuroscience, and before emotional intelligence. We thought we were dealing with an aspect of human behavior that was the exception to everyday life.

Human beings don’t remember things the way they happened.
We remember the most intense moment and how it ended.
The last impression is the lasting impression.
At The Black Swan Group, they call this The Oprah Rule.

Christopher Voss is the CEO of The Black Swan Group,
a firm that solves business negotiation problems with hostage negotiation strategies.
'To compromise is the worst thing to do.'

Recession to Opportunity: An Interview with Tim Chen:

The Mind Behind the $500 million Business
How Tim Chen, the founder of NerdWallet, worked up the nerve to start a company after getting laid off during a recession.

Tim Chen had recently been laid off from his job as a financial analyst at a hedge fund, during the recession of 2008, when his sister asked him for help finding a good credit card. Much of the information he found online was confusing and disorganized, so he decided to start a personal-finance website; it would go on to become NerdWallet, which is now worth $500 million and employs almost 350 people. Lola Fadulu recently spoke with Chen about how it feels to get laid off, starting a business during a recession, and why workers should pay attention to who their managers are. This interview has been lightly edited and condensed for length and clarity. Citation: 'When Losing Your Job Is a Blessing'
Interview by Lola Fadulu via The Atlantic

When Losing Your Job Is a Blessing

Fadulu: The way you grew up was very different from the way your parents grew up. Chen: Until 2008, I thought that the economy was this super-stable thing, and everything was good. I didn't realize that crazy economic shocks can happen. 2008 really changed my life.

Stumbling Onto an Idea: “I always dreamed of doing something entrepreneurial. I just never felt like I had the permission to.”— Tim Chen

Sarah LaFleur and Rebecca Minkoff: What makes their brands thrive―

Successfully starting a fashion business from two women who know
Sarah LaFleur, founder and CEO of MM.LaFleur, and Rebecca Minkoff, co-founder and creative director of Rebecca Minkoff, discuss what helps make each of their brands thrive.
Video Content via FastCo

VIDEO | Successfully starting a fashion business from two women who know | Fast Company

Sarah LaFleur, founder and CEO of MM.LaFleur, and Rebecca Minkoff, cofounder and creative director of Rebecca Minkoff, discuss what helps make each of their brands thrive.

Next Generation of Leaders: Sustain the Family Enterprise—

The Rise
Family business: Is it your livelihood? Your legacy? Both?
Regardless of your level of involvement, you want the enterprise to succeed and endure.

Successful businesses often struggle to remain viable against uncertain economic times, technological advances, shifting consumer preferences, and volatile markets—even without the complexity of dealing with family members. And some family businesses manage to flourish through multiple generations despite these challenges. What makes them different? A new research by Joshua Nacht describes: how innovation often emerges from the young people who are becoming owners and leaders and take the initiative to infuse their company with new ideas, energy, and skills. They aren’t formally asked to do this; they just see a need for change and they take it on, eventually earning the acceptance and embrace of their family.
Here are some examples of how this has happened.

Champions Of Change: 'The Rising Generation'

Image: Getty
Rise: Enter the next generation
Raised in a culture of affluence, young family leaders and leaders-to-be are well educated and grow up in a digital, connected environment. While they appreciate the sacrifices and achievements of their elders — and are often in awe of them — they are also in touch with and passionate about genuine opportunities and creative ideas. They are impatient to see change and reluctant to become involved with the business unless it pursues a new path.
Citation: Family Businesses: 'The Rising Generation' by Dennis Jaffe

The FBCG serve families and the enterprises that they have built by guiding them through the process of building structures, systems, and skills for a comprehensive strategy, better decision making, stronger competitive advantage, and continuity of enterprises for future generations. With over 2,500 client families in 70 countries, FBCG's consultant team has successfully led businesses across industries, family structures, and cultures through the issues, both common and uncommon, faced by families in business together.

Family Business Consultants & Advisors | The Family Business Consulting Group

The Family Business Consulting Group's experienced business consultants provide consulting services for your family business, including family business governance, succession planning and family mediation.

The History of Business is Thus the Story of Entrepreneurs:

Whether we’re conscious of it or not, every management decision is motivated by a desire to find universal answers to very specific questions. People who succeed in organizations tend to be pragmatic problem solvers. They have to be, because of the myriad challenges they face. How to grow the enterprise. How to get work done. How to find customers. How to be themselves in the workplace. And so on. Because there are no easy answers to these complex problems, they test the answers by starting a company, launching a project, or making a move. As they succeed and fail, the most attentive of them learn from the results.

The history of business is thus the story of entrepreneurs, executives, leaders, and employees, lurching from one experimental answer to another. They gain expertise and acumen, and profits and revenues, and, along the way, add to the theory of management. 'The entire history of management ideas can be seen as a series of answers to a few pragmatic queries.'—
20 Questions for Business Leaders
Citation: Art Kleiner and Nancy A. Nichols via Strategy+Business

strategy+business: international business strategy news articles and award-winning analysis

Business strategy news articles for CEOs, corporate executives, and decision makers who influence international business management. Corporate strategy, competition, marketing strategies, and leadership.

Margaret Heffernan: "Let's not play the game, let's change it."

Margaret Heffernan: Management thinker
The former CEO of five businesses, Margaret Heffernan explores the all-too-human thought patterns — like conflict avoidance and selective blindness — that lead organizations and managers astray.

Why you should listen
How do organizations think? In her book Willful Blindness, Margaret Heffernan examines why businesses and the people who run them often ignore the obvious -- with consequences as dire as the global financial crisis and Fukushima Daiichi nuclear disaster.

Heffernan began her career in television production,
building a track record at the BBC before going on to run the film and television producer trade association IPPA. In the US, Heffernan became a serial entrepreneur and CEO in the wild early days of web business. Her blogs are listed on Huffington Post and BNET.com/CBS Cited.

Heffernan's latest book, Beyond Measure, a TED Books original, explores the small steps companies can make that lead to big changes in their culture.

Business news and ideas from Margaret Heffernan

Margaret Heffernan

It's a few months after graduation, which means the luckiest new college grads are knee-deep into internships and entry-level jobs. How to stand out? Business writer Margaret Heffernan suggests: Start by taking a coffee break with your coworkers. Companies grow best, she suggests, when workers are connected by social bonds.

Mind's Of Business Leaders Series:

Are you playing by the same rules?
If you haven't peeved off someone yet; you're probably not learning the business right. Tune in to Modern Workplace, find out what your organization or business must do to stay competitive. Register to join for a live chat with specialists during the broadcast.
Learn more about the biz— watch Modern Workplace on-demand.
 IT-MOB, all points covered.

In this episode of Modern Workplace, Dean Kamen, inventor of the Segway, discusses his business secrets to success. Renowned columnist and author Ekaterina Walter talks about the role of innovation in leadership and business. Stuart Jenkins of Deckers Brands will explain why companies must reset their expectation of risk. And host Alex Bradley, Microsoft Office, presents innovative productivity solutions to business challenges, including Skype Translator and Azure Machine Learning. Modern Workplace Topics: For business, bonus videos and more information about the productivity and social solutions featured in the series. 

'Innovate or Die'
 MOBL Series