The Rise of HIFIs: High-Income, Financially Insecure Individuals A new acronym has entered the financial lexicon: HIFIs. Short for High-Income, Financially Insecure individuals, HIFIs represent a growing demographic that struggles with maintaining a balance between their income and lifestyle aspirations. Predominantly comprised of millennials and Gen Zers, these individuals seek to exude wealth and success…
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Shake It Off: Business Lessons We Can All Learn From Taylor Swift Taylor Swift isn’t just a global pop sensation; she’s a savvy businesswoman who has strategically built a multi-faceted empire. Her career trajectory offers valuable insights for aspiring entrepreneurs. Swift is an intelligent businesswoman whose entrepreneurial journey provides valuable lessons for those considering a…
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A Surprising Signal: This Could Be the Right Time to Become an Entrepreneur. Last week the U.S. Bureau of Labor Statistics released the April 2024 Monthly Jobs Creation report showing a lower-than-average increase in employment, adding 175,000 jobs, which is below the previous 12-month average of 242,000 jobs per month. A slowdown in job creation,…
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From Job Hunt to Career Odyssey: Taking Ownership of Your Professional Path Many people feel stuck in a rut when it comes to their careers. They spend countless hours applying for jobs that seem like a good fit but have not heard back from employers. Or they may land a job, only to feel disengaged…
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Are You Feeling the Itch for Independence? Sitting in your corporate office with the occasional ping of an email notification, you can’t help but feel a tug in your heart. The corporate ladder may have once been thrilling; however, now seems like an endless loop of deadlines, politics, and red tape. The promise of ‘casual…
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Leveraging Absentee Ownership in Franchising for Future Planning In today’s dynamic economic landscape, individuals constantly seek innovative avenues to augment their income streams while balancing the demands of their primary careers. One intriguing strategy that has garnered attention is absentee ownership in franchising. This concept offers an opportunity to generate supplementary income, strategically plan for…
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Millennials, the generation born between 1981 and 1996, have often been portrayed in popular culture as obsessed with avocado toast and participation trophies. However, this stereotype overlooks a key fact: Millennials are becoming a driving force in the entrepreneurial landscape. According to the Ipsos Mori [Ipsos Entrepreneurial Spirit Index], a remarkable 36% of Millennials exhibit…
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Have you ever stopped to ask yourself: What truly ignites my passion? What gets you so excited that you can’t wait to jump out of bed in the morning, even on tough days? According to a widely cited 2014 Deloitte study, a staggering 87.7% of workers lack strong attributes of passion for their jobs. That’s…
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Feeling constrained by your current job title or industry? You’re far from alone. Many professionals aged 35 to 60 find themselves questioning their career paths, feeling pigeonholed by the roles they’ve grown accustomed to. However, the vast range of transferable skills you possess can serve as a key to unlocking diverse and fulfilling career opportunities….
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Finance Executive Turns Entrepreneur With Career Ownership Coaching In a bold career shift, Brian Sullivan transitioned from a high-stakes role in banking and financial services to launching his own business in the senior care industry with the help of career ownership coaching from The Entrepreneur’s Source®. Sullivan’s background managing large-scale operational changes in the finance…