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Everyone needs to be adept at sales
A mentor once told me, “No matter what you do, you're in sales.” Nurturing abilities in sales will help develop qualities that promote success in any area of life. Regardless of industry or occupation, sales is one of the few skill sets found in all successful people. If you want to get ahead in life, you have to sell yourself and what you add to the world on a regular basis. Whether you[...]
Middle market leaders confident in their own companies, not the larger economy
The prevailing sentiment in the middle market continues to be optimism — but with an important caveat. As COVID-19 concerns continue to subside, most middle market executives characterize the financial outlook for their enterprises as very good or excellent. [caption id="attachment_236399" align="alignright" width="200"] Scott Schlange[/caption] Yet, doubts about the overall U.S. economy r[...]
Idaho Chamber Alliance encourages business owners, consumers, senators to oppose S.2992
Sen. Amy Klobuchar, D-MN, is pressing hard for a vote in the U.S. Senate on her antitrust legislation (S.2992) aimed at “Big-Tech." The Idaho Chamber Alliance, representing over 10,000 business owners across Idaho, is opposed to this bill, and we have encouraged Senators Crapo and Risch to oppose it as well. The implication of this bill would be far-reaching and disastrous for both consumers and[...]
Chicken Little initial unemployment claims
[caption id="attachment_282980" align="alignright" width="300"] Five years of initial unemployment claims data (not-seasonally-adjusted) for the United States and Idaho. Plot is on a log scale for ease of comparison. Click to enlarge. Graphic by Catie Clark[/caption] You may have noticed on July 21 when the national employment statistics were released that many headlines throughout national med[...]
3 tips to break away from your business this summer
A recent survey from The Vacationer shows that 80% of American adults plan to travel this summer. It also includes the 45% that said they would travel more than once. This means nearly 93 million Americans will travel once this summer and 115 million will travel more than once. For entrepreneurs though, breaking away from a business for summer vacation can be a challenge. Here are three tips to h[...]
Top 5 tips to protect yourself and your business from phishing scams
The FBI reports that most cybercrimes involve phishing or smishing, and Idahoans are vulnerable to these attacks. In fact, in 2021, 103 Idahoans reportedly were victims of ransom cybercrimes that began with phishing, paying out a stunning $10 million. Phishing and smishing are scams where an attacker sends a deceptive message to trick the target into providing sensitive information or clicking a l[...]
Semiconductor Act will be a major benefit to Idaho
The U.S. is a nation built upon innovation — American innovators pioneered essential technology foundational to our modern lives for decades. In fact, the semiconductor was first manufactured by Americans, we invented the industry but now we’re falling behind. Unless we act soon, the future of American innovation could face serious consequences. [caption id="attachment_283050" align="alignr[...]
Side hustles to supplement your income in Idaho
Not every small business requires full-time work. Having a side hustle is a terrific opportunity to explore small business ownership, explore topics you're passionate about, and earn some additional money while doing so, regardless of whether your long-term aim is financial independence or whether you never want to quit your day job. According to Zapier, in 2022, out of five U.S. citizens, two hav[...]
Gas tax gimmicks distract from real solution to high gas prices: Unleashing American energy production
Taking the family camping did not used to be considered a luxury vacation. However, with the average cost of a gallon of gas hovering around $5 and much higher in many parts of our country, families may find these extras beyond family budgets. President Biden and Democrats argue oil companies are making “excessive profits” and propose imposing a windfall profits tax on oil and gas companie[...]
A note from the editor July 22
Something is a little different at Idaho Business Review...did you catch it this week? As of Wednesday, our daily newsletter has a new look, and showcases some new content. In addition to our expertly reported news stories, you will find a list of not-to-miss upcoming events recognizing great people and companies across Idaho. [caption id="attachment_273476" align="alignright" width="168[...]
Essential metals come from essential mining
Copper, a vital metal for electrification, is of key importance to an all-electric future. Solar and wind power, electric vehicles, and the infrastructure to transport renewable energy all rely on the red metal. Countries across the globe have set goals to cut greenhouse gas emissions to net-zero by 2050 by reducing dependence on fossil fuels – which is expected to skyrocket demand for copper. [...]
Tips for stronger industry relationships
Read More Commentary [feed url="https://idahobusinessreview.com/category/commentary/feed/" number="3"] A spider web, with its intricate structure fanning out from a single connection point, is a beautiful thing. If you’re a business owner, the nexus of your web is likely the hub of your operation, and every offshoot represents a part of your network. Building and maintaining strong relatio[...]
