Day: June 19, 2020

Technology for a no-touch world

Sometimes, a technology arrives just in time to save us from a problem that the technology wasn’t created to solve. In the early 1900s, for instance, the automobile came along just as burgeoning cities became alarmed that an explosion in horse traffic might bury their streets in manure.

We’re seeing a similar phenomenon today with three technologies: speech recognition, facial recognition, and digital money. None was invented to help us deal with COVID-19, but each recently came into its own and could be crucial to our post-crisis “new normal” by allowing us to avoid touching things that a lot of other people have also touched.

Over the course of the past few decades, we’ve built a screen-tapping, button-pushing society that now, in our heightened state of germ sensitivity, seems downright frightening. When our forebears needed cash from a bank, they walked up to a teller and asked for it. Now,

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This Is the Most Important Thing to Consider When Selling Your Business. (Hint: It’s Not the Price.)

5 min read

Opinions expressed by Entrepreneur contributors are their own.

I’ve seen a frustrating trend play out recently.

Owners of small to medium-sized businesses give their lives to their work, and it’s my they should get back as much as they possibly can for all they’ve put in. But I can’t do that when I get a call not only after someone’s already decided to sell, but after they’ve already agreed to a deal — which nearly 10 of my clients have recently done.

I’ve written about the need to have a plan in place for exiting your business before, but this recent spat of calls made me realize it’s not just about having a plan. It’s about something both bigger and more basic.

When deciding whether it’s time to sell your business, you have to start by being honest with yourself.

How much should

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