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In theory, people who hold leadership positions should be able to communicate with anyone. The reality is, many leaders are uncomfortable communicating — especially with their employees. A Harris Poll revealed 69 percent of managers find it difficult giving direct feedback about employee performance. Demonstrating vulnerability, recognizing employee achievements, crediting others, and giving clear direction was also noted. Companies are more productive and successful when expectations are clear and positive coworker relationships exist. If conversations are not taking place, there’s a culture and productivity killer in the workplace. From giving feedback on the poor quality of work to explaining why a team member is not demonstrating company values, managers — as well as business owners –need to know how to have difficult conversations. Here’s a guide on how to handle difficult conversations at work; Prepare The more prepared you are, the easier it is to manage your emotions,...
When releasing a product or service, many small business owners come to a metaphorical fork in the road when deciding on how much to charge their customers. Is this price too high? Am I lowballing myself? Instead of asking how much you should charge, find the value of your product and the best approach to setting a price. One of the biggest mistakes small business owners make is setting a price too high which ultimately scares customers away. Another mistake is setting a price so low that the business only profits a pittance per sale (also known as playin’ yourself). Although it takes a bit of research and brainstorming, your business’s pricing strategy deserves a well thought-out process. Here is a guide on how to choose a price that works for both you and your customer: 1. Determine the value of your product or service Set numbers aside for a moment and analyze how valuable your product is: Is it in high demand? Will it improve the lives of others? Does it provide efficacy to a...
Microsoft is laying off approximately 6,000 employees, around 3% of its global workforce, as CNBC reports, marking the latest round of job cuts as the company continues to realign its business priorities. The move will affect workers across various teams and regions, though the company did not disclose specific departments or locations. A Microsoft spokesperson told CNBC that the layoffs are part of organizational and workforce adjustments “to reduce layers of management” and not related to job performance. The spokesperson further stated, “We continue to implement organizational changes necessary to best position the company for success in a dynamic marketplace.” Microsoft, which employed 228,000 people worldwide as of June last year, has conducted several rounds of layoffs in recent years. In 2023, the company cut 10,000 positions, according to CNBC . In 2024, Microsoft also laid off nearly 2,000 employees from its gaming division just months after a $69 million gaming...
Books have long been a source of wisdom for business leaders, offering guidance on everything from financial strategy to leadership development. Certain books have stood the test of time, selling millions of copies and earning praise from business icons, investors, and top executives. Whether you’re looking to sharpen l eadership skills , build a profitable company, or develop a better financial mindset , here are the most famous books for business success. Think And Grow Rich By Napoleon Hill Originally published in 1937, Think and Grow Rich has sold over 100 million copies worldwide. It’s earned distinction as one of history’s best-selling personal development books. The book is based on Napoleon Hill’s research into the habits of wealthy individuals, including Andrew Carnegie and Henry Ford. It presents a blueprint for achieving financial success through mindset and persistence. Readers often praise the book for its emphasis on the power of visualization and goal-setting. Some of...
Cybersecurity remains one of the most important — and unpredictable — topics shaping today’s technology landscape. At AFROTECH™ 2024, Nicole Dove, director of security engineering at Riot Games, led a session on how bad actors use artificial intelligence (AI) to enhance cyberattacks and how defenders are evolving to stay ahead. Moderated by Dr. Christine Izuakor, founder and CEO of Cyber Pop-up, the session also included Lola Obamehinti, founder of Nigerian Techie who has over a decade of experience at major tech companies including eBay. During the session, Dove and Obamehinti were presented with high-stakes real-world scenarios to respond to live. “We’ve all heard a lot of the nightmare stories over the last year, especially when it comes to security,” Izuakor said. “Everything from unprecedented amounts of data being leaked to social media hacks to a global IT outage — and it’s important as leaders for us to be able to respond in ways that are efficient, to remain calm, to think...
Editorial Note: Opinions and thoughts are the author’s own and not those of AFROTECH™. A recent study released by Lending Tree revealed that a lot of Americans are using buy now, pay later (BNPL) loans from companies like Klarna and Affirm to buy groceries (25%, up from 14% in 2024). As economic fears mount and uncertainty about the economy continues, people are turning to financing their everyday necessities. But using BNPL loan services is a mistake, especially for those who struggle with debt. BNPL is an interest-free loan, allowing consumers to split their purchase into smaller payments. For those who have an issue with credit cards or deal with debt, this could be an alternative. But if you begin making late payments, you can be charged high fees, which is a problem for those who have multiple loans. While the existence of BNPL loans isn’t necessarily a problem, how they’ve come to be used is concerning. Recently, DoorDash announced its plans to accept BNPL financing through...
Choosing the right name for a business or startup is one of the most critical branding decisions entrepreneurs make. A strong name can enhance visibility, improve search engine rankings, and make it easier for customers to find your business online. Since SEO plays a key role in brand discovery and, ultimately, a business’s name value , integrating search-friendly elements into a business name can increase organic traffic and improve brand recall. This guide explores SEO tips for naming a business or startup and ensuring the name is optimized for success in the online business world. Prioritize Keyword Relevance Without Overstuffing One of the most effective ways to optimize a business or startup’s name for SEO is incorporating keywords that are relevant to the industry or niche. Including terms commonly searched by potential customers in the name can increase the likelihood of appearing in search results. For example, a marketing agency named “Elevate Digital Marketing” may perform...
Former NBA player Jason Kidd has invested in another soccer team. As AFROTECH™ previously told you, the 10-time NBA All-Star and current head coach of the Dallas Mavericks has continued to pursue his passion for sports well beyond his playing days. As an investor, his portfolio includes two soccer teams based in his hometown of Oakland, CA: Roots SC (men’s) and Soul SC (women’s). “In The Town when you talk about sports, we all had heroes. I’m excited to join the Roots and Soul family,” Kidd said at the time, according to Andscape. “I’ve been seeing videos of all the support they get. I’m just trying to help the family. I especially like that there are both male and female teams. Also, with the teams being in The Bay, I felt like it was a great fit.” Everton Added To Portfolio Now, Kidd has invested in another soccer team, this time joining Roundhouse Capital Holdings, which is part of The Friedkin Group, the ownership group of English Premier League club Everton, mentions ESPN. The...
The modern workplace is becoming much more diverse, equitable, and inclusive . However, neurodivergent individuals — those with conditions such as autism , ADHD, dyslexia, and other cognitive differences — still face significant barriers to employment . Despite their skills and potential, many struggle to secure jobs or advance their careers due to systemic challenges, bias, and a lack of accommodations. Research shows that unemployment remains a pressing issue in the neurodivergent community. Up to 85% of adults with autism in the U.S. are unemployed, according to Golden Steps ABA . This statistic highlights the urgent need for more inclusive hiring practices and workplace policies that recognize neurodivergent talent. A Misunderstood Segment Of The Workforce Although “neurodivergent” is gaining recognition, many Americans still lack a clear understanding of what it means. A recent YouGov poll found that only 32% of Americans can define the term without prior explanation, while 56%...
Success in entrepreneurship isn’t just about big wins. It’s about small, consistent actions that build momentum over time. In Atomic Habits , James Clear emphasizes the power of tiny improvements, showing how habits shape outcomes in business and life. Entrepreneurs who master their daily routines, decision-making, and mindset can set themselves up for long-term success. Here are some of the most impactful quotes from Atomic Habits and how they apply to entrepreneurs. “You do not rise to the level of your goals. You fall to the level of your systems.” Many entrepreneurs set ambitious goals, whether it’s scaling their startup , increasing revenue, or building a personal brand. However, goals alone don’t drive success — systems do. Without a structured approach, even the best ideas fail. This quote emphasizes the importance of building repeatable processes that create consistent progress. Instead of focusing solely on outcomes, entrepreneurs should refine their workflows. A founder...
Eckhart Tolle’s The Power of Now is a transformational book that explores the importance of living in the present moment. Since its publication in 1997, it has become one of the most influential spiritual and self-development books of modern times. The book argues that many of life’s struggles stem from an overattachment to the past and excessive worry about the future. By focusing on the present, Tolle explains, individuals can free themselves from unnecessary suffering and live with greater clarity and purpose. Check out this summary of The Power of Now to see if it’s worth adding to your to be read pile. Summary Of The Power of Now’s Core Message Tolle’s philosophy centers on the idea that most people live in a constant state of distraction, caught up in thoughts that pull them away from the present. He describes the mind as a source of both suffering and limitation because it constantly replays past regrets or anticipates future problems. This mental chatter, which he refers to...
Tax season rolls around every year, but for many it never feels any easier . The stress associated with this time of year (particularly if you’re not anticipating a huge return) can really mess up your groove. Whether you’re managing multiple income streams , juggling business responsibilities or just trying to keep up with life, things can get messy fast. Getting your taxes filed on time can feel overwhelming and like a chore. And let’s face it, when deadlines sneak up and your plate is already full, taxes typically take a back seat. No matter how busy you are, it’s worth noting that missing the filing deadline can lead to some avoidable penalties and much more unnecessary stress. If you’re not ready to file by the due date, requesting a tax extension so time is on your side again might be the next best choice. For those wondering how to take advantage of the option, there are a few things to remember . Firstly, filing an extension is a normal thing (and it is an IRS-approved...
Cost of Doing Business (CODB), the holding company co-founded by Topicals CEO Olamide Olowe and President Sochi Mbadugha, has acquired premium haircare brand Bread Beauty Supply. According to a news release, the acquisition is CODB’s first step in building brands that connect culture, community, and commerce — especially as many companies scale back their diversity, equity, and inclusion (DEI) efforts . “At a time when DEI commitments are being rolled back, it’s critical that Black-owned businesses not only survive — we have to win,” Olowe said. “Maeva Heim, BREAD’s Founder, is one of the most talented creatives in the space and has led BREAD to have a major impact in the hair care industry, and with CODB’s resources and expertise, we’re ensuring that it continues to grow while remaining deeply rooted in its mission and creative ethos.” Photo Credit: Gold Owolabi With Bread now under CODB, the brand is set for growth while preserving its commitment to textured hair care. The...
Five-year-old Maddox Lopez is following in the footsteps of his sister, who was inducted into high-IQ society Mensa, in 2024. With an Einstein-level IQ, Maddox already understands times tables and is a member of Mensa, an organization that requires participants to take an approved intelligence test and score within the top 2% of the general population, its website states. Maddox now joins his sister, Declan, in the organization, which requires an IQ of 130 or more, ABC7 New York reports. “Maddox is all about math and coding, and he finds back doors on video games and programs, where Declan is just like an intellectual who loves to learn anything,” their mother, Meachel, told the outlet. That’s not all. Both Maddox and Declan join their father, Delano, who is also an educator and member of Mensa. However, he credits his children’s intelligence to his wife. “She was doing a lot of extra work with the kids. Even once they started back to school after COVID, she had a whole schedule up,...
If you are creating impact as a founder and leader or are a corporate catalyst interested in joining a board, look no further than AFROTECH’s Board Readiness Summit. From 10 a.m. ET to noon ET on March 25, 2025, this virtual event will deliver exclusive insights and strategies to empower you with the tools and confidence to secure a board seat. Landing a post whether for a nonprofit, which is often a good starting point, or for-profit, will require experience and skills such as strategic planning and development, leadership, collaboration and more, Forbes notes. Learn From Nancy Twine To position you for success, discussions will be led by industry leaders, starting with former Goldman Sachs VP Nancy Twine, who launched Briogeo Hair Care in 2013 and turned it into a $100 million business within nearly a decade, according to Forbes. She also made history as the youngest Black woman to launch products at Sephora. The brand went on to land placement at Ulta Beauty. What’s more, Twine...