Entrepreneurs
What’s a Bar Tab and How attain They Work?
In the intricate dance of commerce and camaraderie that kinds the heart of the nightlife commercial, few things are as ubiquitous and actually crucial because the straightforward, but ceaselessly misunderstood, bar tab.
Serving as a lifeline to patrons and an well-known utility for institutions, answering questions cherish “What’s a bar tab?” and “How attain bar tabs work?” is an absolute necessity. These very crucial questions are once quickly overpassed, however they’re relevant to each and each potentialities and bar owners.
Worldwide, the bar tab machine is a prevalent fixture, whether in an intimate pub tucked away within the corners of Dublin or a excessive-vitality cocktail lounge pulsating with life within the heart of Recent York. It streamlines the financial transactions between patrons and commercial owners while enabling an uninterrupted waft of conviviality and refreshments.
As a tiny commercial proprietor or entrepreneur, especially within the hospitality commercial, demystifying the arena of bar tabs now not easiest enhances operational effectivity however additionally improves the patron journey.
What’s a Bar Tab?
So, what precisely is a bar tab? Even as you occur to’ve ever worked in or patronized a bar, you’ve seemingly heard this bar terminology, however you would also now not realize precisely what it’s. In its most widespread design, a bar tab is a running myth that an establishment keeps monitoring a customer’s purchases throughout their consult with.
As a substitute of paying for every and each drink or bar snack ordered, potentialities provide their credit or debit card to the bartender initially of their consult with, who then opens a tab in their name.
The tab permits potentialities to point out freely throughout their set up, with the closing total settled at the tip. It is an analogous to a momentary line of credit the bar extends to the patron for their consult with.
A bar tab offers potentialities convenience, flexibility and an uninterrupted journey. It eliminates the need for a great deal of card swipes or money transactions and lets in them to journey their time at the bar without caring about instantaneous price for every and each round of drinks.
For bar owners and workers, the bar tab machine streamlines provider and financial transactions. It minimizes the time spent handling money or playing cards, making it more straightforward for bartenders to focal point on serving drinks and taking part with patrons.
From a commercial standpoint, bar tabs additionally abet potentialities to point out more throughout their set up, doubtlessly boosting sales.
In tiny commercial bars, figuring out and effectively managing bar tabs can mean the difference between a smoothly working establishment that affords a superior customer journey and particular person that struggles with inefficiencies and customer dissatisfaction.
Historical Background of Bar Tabs
Though we now associate bar tabs with contemporary hospitality services, their roots ticket motivate noteworthy further in historical past.
The concept that of “tabs” or “tabs of credit” emerged as early because the Center Ages when taverns had been the heart of community life. Folks ceaselessly traded items or services, and tavern owners would set up a tab or tally of who owed what in its keep of instantaneous price.
Alternatively, the contemporary thought of the bar tab as we comprehend it at present time gained prominence within the early twentieth century.
All thru the Prohibition technology within the US (1920-1933), when the manufacturing, sale and transport of alcoholic beverages had been illegal, secret bars or “speakeasies” stumbled on a new technique to set up an eye on their transactions covertly.
They started running tabs for their depended on potentialities, permitting them to expend now and pay later, thus minimizing the chance of instantaneous money transactions.
The machine became once liked for its convenience and ease and survived even after Prohibition ended. At the present time, the bar tab has develop into an integral share of the bar journey globally, serving to companies streamline their services while providing an enhanced journey for potentialities.
How Does a Bar Tab Work: A Step-by-Step Job
Navigating the mechanics of a bar tab can seem cherish a frightening job to the uninitiated. Alternatively, figuring out this job is worthwhile for potentialities and actually crucial for entrepreneurs aiming to implement this methodology in their institutions.
The following steps provide a detailed handbook on how a bar tab works from when a customer opens one to the closing act of settling the bill.
| Bar Tab Steps | What’s it? | How attain you attain it? | Why does it topic? |
|---|---|---|---|
| Originate a Bar Tab | Start the tab job by securing a price map. | Place a query to the patron for their credit or debit card, in conjunction with a design of ID if required, then myth their name and commence a unique tab within the machine linked to the supplied card. | This assures the bar that the patron has the methodology to pay for their orders and permits for sexy monitoring of the patron’s purchases. |
| Pre-authorize a Debit or Credit Card | Test the validity and funds of the patron’s card. | Use the POS machine to preauthorize the card, confirming with the bank that the card is true and has ample funds to quilt doable charges. | This step protects the bar from doable fraud and non-price, ensuring that potentialities can quilt their tabs. |
| 3. Add Orders to a Working Tab | Update the patron’s bill as they present. | As the patron orders drinks or food, add each and each merchandise to their tab within the POS machine, holding a running tally of their total expenditure. | This permits for continuous monitoring of the patron’s purchases, providing a seamless ordering journey without requiring frequent money or card transactions. |
| 4. Shut the Bar Tab | Finalize the patron’s bill at the tip of their consult with. | When the patron is able to transfer away, provide them with their bill, allow for overview, then job the price, replacing the pre-authorized set up with the closing fee, which ceaselessly entails an added gratuity. | This settles the patron’s myth, facilitating the alternate of price for services rendered, and ensures each and each the bar and its workers are compensated, even supposing a tab is left unpaid. |
Opening a Bar Tab
When a customer decides to initiating a bar tab, the job ceaselessly begins by providing their credit or debit card to the bartender or server. The card acts as a security measure, assuring the bar that the patron has the methodology to pay for their orders.
In some institutions, a design of identification could seemingly seemingly well also additionally be requested. The bartender then files the patron’s name and begins a unique tab, associating it with the supplied card or ID. This job permits the bar to trace the patron’s purchases throughout their consult with precisely.
Pre-Authorization of a Credit or Debit Card
The strategy of opening a bar tab ceaselessly entails the pre-authorization of a customer’s credit or debit card. This an crucial step entails the bar verifying with the bank that the card is true and has ample funds to quilt doable charges.
Indubitably, the bank “reserves” a positive amount—roar $50 or $100—for the bar, even though no money is de facto deducted from the patron’s myth at this point. Pre-authorization protects the establishment from doable fraud and ensures that potentialities can quilt their tabs.
Adding Orders to a Working Tab
As the patron enjoys their time at the bar, any subsequent orders are added to the running bill. The bartender updates the tab amount every time the patron orders a unique drink or merchandise.
The ongoing tally permits the bar to retain track of the patron’s total expenditure while the patron enjoys the convenience of ordering freely without handling money or playing cards after each and each aquire.
Closing a Bar Tab
Closing a bar tab marks the tip of the patron’s consult with. At this point, the patron requests their bill, experiences it for accuracy and will pay for their purchases. The pre-authorized lift on the credit or debit card is replaced with the closing fee, which ceaselessly entails an added gratuity.
Most institutions calculate a instantaneous tip amount—in overall around 15 to twenty% off the total bill—however the closing resolution rests with the patron.
If a tab is left unpaid or forgotten, it’s overall follow for the bar to fee the card on file, in conjunction with a predetermined gratuity, ensuring that each and each the bar and its workers are compensated for their services.
The Benefits of Implementing Tabs in Your Bar Commercial
As we take a engaging deeper dive into the arena of bar tabs, it becomes obvious that their adoption extends far past broken-down conventions. The employ of bar tabs in a bar commercial brings several advantages, in conjunction with enhanced customer journey, increased sales and profitability, and streamlined operations.
Proceed discovering out as we unpack these advantages to better realize how they make a contribution to the general success of a bar commercial.
Enhancing Buyer Expertise
In the hospitality commercial, customer journey is paramount. A bar tab machine enhances this journey by constructing a more relaxed and delectable ambiance for potentialities.
It permits potentialities to focal point on the social facet of their consult with rather than continuously going thru financial transactions. This ease and convenience and the absence of transactional interruptions ceaselessly abet potentialities to set up longer and present more.
Bar tabs additionally provide a contact of belief and personalization – subtly reinforcing the patron’s relationship with the establishment.
Boosting Gross sales and Profitability
A bar tab is now not appropriate customer-friendly; it’s additionally a strategic utility for boosting sales and profitability. Customers who don’t respect to think paying for every drink for my fragment veritably have a tendency to point out further rounds.
Furthermore, the convenience of adding one more merchandise to a running tab can result in upselling alternatives, in the end growing the typical use per customer. As such, the bar tab machine can straight make a contribution to a bar’s backside line, enhancing income and profitability.
Streamlining Bar Operations
From an operational standpoint, enforcing a bar tab machine can vastly streamline provider processes. By lowering the frequency of money or card transactions, bartenders can focal point more on serving drinks and no more on handling money.
The increased effectivity can result in faster provider conditions, improved workflow, and better customer pleasure. Tracking customer orders on a tab can simplify conclude-of-day accounting and reconciliation processes, making it more straightforward to set up an eye on the financial aspects of the bar commercial.
The employ of Level of Sale System (POS Machine) for Efficient Bar Tab Administration
Managing bar tabs manually could seemingly seemingly well also additionally be inspiring, notably in a busy ambiance. Alternatively, trends in technology, reminiscent of Level of Sale utility with preauthorization features, provide an ambiance friendly and effective resolution for bar tab administration.
POS preauthorization systems are a formidable utility that enables bar owners to set up an eye on tabs digitally while additionally verifying customer price systems in sincere time. These systems hyperlink straight to your bar’s POS utility, ensuring all orders are recorded precisely on the patron’s tab.
Digital monitoring offers a more right, sexy, and ambiance friendly technique to set up an eye on bar tabs, revolutionizing the general job. About a of the important advantages supplied by the POS preauthorization machine for bar tab administration embrace:
- Enhanced Efficiency: Digital monitoring of bar tabs reduces the need for manual myth-holding, enabling workers to abet potentialities rapid and precisely.
- Increased Safety: POS systems gash motivate the chance of fraud or non-price by verifying the patron’s card tiny print and ensuring ample funds come in at the time the tab is opened.
- Improved Accuracy: Digital tab administration ensures each and each present is precisely added to the sexy tab, lowering the chance of human error.
- Simplified Cease-of-Day Reconciliation: POS systems simplify conclude-of-day accounting and reconciliation processes by holding a staunch myth of all transactions, saving time and lowering doable discrepancies.
By adopting a POS preauthorization machine for managing bar tabs, companies can compose positive that that a soft, right and ambiance friendly transaction job, contributing to a higher customer journey and a more a success bar operation.
Most inviting Practices for Managing Bar Tabs
Successfully managing bar tabs is a necessary for a soft, ambiance friendly bar operation. The employ of perfect practices enhances customer journey and safeguards the commercial against doable points reminiscent of unpaid tabs or mischarged orders.
Prefer to compose positive that that optimum bar ticket administration at your establishment: Accept as true with in mind the next engaging tricks:
- Put into effect a Sturdy POS Machine: A legitimate POS machine can streamline the approach of managing bar tabs, ensuring sexy monitoring of orders, and simplifying conclude-of-day reconciliation.
- Educate Your Employees: Be positive all workers contributors are trained in opening, managing, and shutting bar tabs. It will abet conclude errors and beef up customer aid.
- Set apart of abode a Minimal Exhaust: To compose positive that opening a tab is worthwhile on your tiny commercial, take observe of environment a minimal use requirement. It will deter potentialities from opening a tab for appropriate one or two drinks.
- Preauthorize Playing cards: Always preauthorize customer playing cards after they initiating a tab. This ensures the patron can quilt their bill and protects your tiny commercial from unpaid tabs.
- Continually Review Originate Tabs: Abet workers to overview initiating tabs throughout the evening. It will abet get any discrepancies early and conclude doable points.
- Shut Tabs Promptly: At the evening’s conclude, compose positive that that each and everyone tabs are closed. If a customer forgets to conclude their tab, respect a policy in jam to fee the card on file, in conjunction with a predetermined gratuity.
By following these perfect practices, bar owners can compose positive that that ambiance friendly, error-free administration of bar tabs, main to better customer experiences, increased sales and a smoothly running commercial.
FAQs: What’s a Bar Tab
Why could seemingly seemingly well also mute I take observe of enforcing bar tabs in my bar?
Implementing bar tabs on your tiny commercial can vastly beef up the patron journey by offering flexibility and uninterrupted provider. From a commercial standpoint, bar tabs can compose bigger sales, as potentialities who don’t respect to pay after each and each drink are inclined to point out more.
Bar tabs additionally streamline provider operations, permitting workers to focal point on serving potentialities rather than handling varied transactions, thus boosting effectivity and productivity.
How can I effectively put collectively just a few bar tabs without extend?
Efficient administration of just a few bar tabs ceaselessly hinges on utilizing a sturdy POS machine. These systems can digitally track all opened tabs, precisely myth orders and put collectively funds, making it more straightforward to oversee varied tabs simultaneously.
Practising workers to address just a few tabs and on a traditional basis reviewing initiating tabs can additionally make a contribution to soft and ambiance friendly administration, ensuring a excessive exceptional of provider even within the route of busy sessions.
What could seemingly seemingly well also mute I attain if a customer leaves without paying their bar tab?
If a customer leaves without paying their bar tab, having a predefined policy in jam is severe. Most bars will preauthorize a customer’s credit card or debit card upon opening a tab, which lets in them to fee the card on file for any unpaid tabs. This policy could seemingly seemingly well also mute additionally embrace charging a predetermined gratuity to compensate the workers. Communicate this policy to potentialities after they initiating a tab to retain far off from misunderstandings later.
Can a customer dispute charges on their bar tab?
Sure, a customer can dispute charges on their bar tab. Alternatively, within the occasion you’re using a POS machine to trace orders precisely and also you’ve ensured transparency with the patron throughout their consult with, disputes could seemingly seemingly well also mute be rare.
In the tournament of a dispute, having a comprehensive myth of the patron’s orders can abet unravel the peril snappy and rather. Precise communique and obvious policies are key in handling such scenarios.
How can I employ bar tabs to income and set up my traditional potentialities?
Bar tabs can play a essential role in holding traditional potentialities by enhancing their journey and setting up a sense of belief. The ease and personalized provider connected with bar tabs can compose traditional potentialities actually feel valued.
Consist of the tab setup job on your bartender coaching so personnel contributors can compose the journey straightforward and seamless. Likewise, you would also take observe of offering tab-basically based incentives reminiscent of a loyalty program the keep traditional potentialities accrue parts for every and each greenback spent on their tab, that could be redeemed for rewards. These incentives can boost customer retention and abet more frequent visits.
Extra in: Restaurant / Food Carrier Commercial
Entrepreneurs
Influence with Influencers: A Resounding Success in Celebrating Excellence and Innovation by Fame Finders Media
NEW DELHI – Fame Finders Media, in collaboration with the Indian Chamber of Commerce and Industry (ICCI), successfully hosted the highly anticipated event, “Influence with Influencers – Speech, Networking & Recognition.” The event, held at the Multipurpose Hall of the India International Centre, brought together a distinguished gathering of influential personalities, thought leaders, and changemakers from diverse fields. The event ran from 9:00 AM to 2:00 PM, offering an enriching blend of insightful discussions, keynote speeches, and an honoring ceremony to celebrate exceptional achievements.
The occasion was graced by prominent dignitaries, with H. E. Dr. Janice Darbari, Honorary Consulate General of the Republic of Montenegro, serving as the Chief Guest. Other esteemed guests included Shri Rajmani Patel, Ex-MP (Rajya Sabha, Congress); Prof. Dr. Divya Tanwar, Chairperson of Divey Foundation and a cybersecurity expert; Sharad Sharma, Senior Journalist at The Swatantra; CA Vikas Gupta, Founder of Sampoorn EV Private Limited; Punam Gupta, Director of Immuno Life Pvt. Ltd. and a social activist; and CA Shankar Ghanshamdas Andani, Founder of Guru Sai Foundation and National Convenor of the All Media Council.
The event’s agenda featured a stellar lineup of keynote speakers who captivated the audience with their expertise and vision. These included Amit Masih, Founder and CEO of Aziels Technologies; Ambrish Ranjan, Executive Director of Asort; Amit Goon, Corporate Entrepreneur and Green Energy Ambassador; Sahil Sachdeva, Founder of Level Up PR; Dr. H. R. Rehman, Chairman of Global Human Rights Trust (GHRT); and Hechon Sitlhou, Kingmaker and Social Worker from Assam.
Other notable speakers included CA Nikhil Bansal, Director of RK Group of Education; Dr. Vishnu Shankar Pandey, CEO of Startup2standup; Dr. N. P. Gandhi, a renowned professional speaker; Junaid ul Islam, Founder and CEO of Incentive Foster Foundation; Dr. Navendu Bhardwaj, Vice President of Apar Industries Ltd.; and Dr. Amit Kumar Bhardwaj, Head of CC, Sunderdeep Group of Institutions.
One of the highlights of the day was the Honoring Ceremony, which took place at noon and recognized the outstanding contributions of individuals across various fields. The event concluded with a vibrant networking lunch, providing attendees with the opportunity to foster meaningful connections and collaborations.
The success of this event is a testament to the seamless execution and vision of its organizers. The event was curated by Reena Mehra, Director of Fame Finders Media; Manoj Joshi, Director of Fame Finders Media; and Manvendra Kumar, Founder of ICCI.
“Influence with Influencers” underscored the commitment of Fame Finders Media to providing a platform for leaders, innovators, and changemakers to inspire, educate, and collaborate for a brighter future. The event was an extraordinary celebration of excellence, innovation, and meaningful dialogue.
The event brought together thought leaders, professionals, and visionaries, fostering meaningful conversations and networking opportunities. A highlight of the evening was the Awardees for Excellence ceremony, where distinguished individuals were honored for their outstanding achievements. The awardees included Rohit Khanna (Trainer, Facilitator & Instructor), Nandini Khanna (Image Consultant), Dhritiman Chakraborty (Director Operations, Ingram Micro India Limited), Priti Nath Guru (Dietician & Health Expert), Dr. Ridhi Gupta (Director, Quality Services and Training Pvt Ltd & Social Worker), Sonu Prasad (Founder, Wellwiser Foundation & Holistic Coach), and Ashisa Rajput (Journalist, Press Trust of India). Their exemplary work serves as an inspiration to many, underscoring the power of dedication and innovation in making a positive impact on society.
Entrepreneurs
This Founder Created Tights Made from Bulletproof Vest Materials—Next Up: Sustainable Swimsuits
Katherine Homuth is no stranger to innovation. As the founder of Sheertex, a fashion brand that revolutionized the hosiery industry, she has become a standout entrepreneur, earning a reputation for her ability to challenge conventions. Homuth’s breakthrough product—a pair of virtually indestructible tights made from bulletproof vest materials—has transformed the way consumers think about durability and fashion. But she’s not stopping there. Her next move? Sustainable swimsuits that promise to change the landscape of swimwear forever.
The Birth of Sheertex: Bulletproof Vest Materials Meet Fashion
Katherine Homuth’s journey into fashion innovation began with a simple yet profoundly relatable problem: tights that tear too easily. Tights are a staple in many wardrobes, but the frustration of running or tearing a pair after just a few wears is a common experience. The conventional materials used in hosiery—nylon, spandex, and elastane—while elastic, are often prone to damage and wear.
Homuth, with a background in both business and fashion, saw an opportunity to change that. What if she could use the same aramid fibers found in bulletproof vests to create something entirely new? These fibers, such as Kevlar, are incredibly strong and durable—used in protective gear for military and law enforcement. Homuth decided to take these materials, traditionally reserved for life-saving equipment, and apply them to a consumer product: tights.
The result? Sheertex Tights, a groundbreaking product that became known for being virtually indestructible. Unlike traditional hosiery, Sheertex Tights are made from aramid fibers that offer superior strength, durability, and elasticity. These tights can withstand years of wear, stretching without losing shape or tearing. Homuth’s tights could handle everything from daily office wear to rigorous workouts without succumbing to the typical damage that plagues ordinary tights.
From a Simple Idea to a $30 Million Business
What started as a solution to an everyday fashion frustration quickly became a business phenomenon. Homuth’s creation of Sheertex helped solve a long-standing problem in fashion while also aligning with growing consumer demands for high-performance and durable products. In a world where the fashion industry is often criticized for its role in promoting fast fashion and waste, Sheertex offered an alternative: high-quality, long-lasting hosiery that didn’t have to be replaced every few months.
The response to Sheertex Tights was overwhelmingly positive, leading to rapid growth and a company that now generates $30 million in annual revenue. Consumers loved the idea of buying tights that wouldn’t tear after a few wears, and the durability and comfort of the product quickly won fans. The tights, which come in a variety of styles and colors, were designed to fit seamlessly into the daily wardrobe of anyone—from those with active lifestyles to those just looking for everyday comfort.
Homuth’s business success is not only a result of the durability of the tights but also the growing awareness of environmental sustainability. As consumers become more conscious of their impact on the planet, many are turning away from disposable, fast-fashion products in favor of items designed to last. The Sheertex Tights align perfectly with this shift, offering a sustainable alternative to traditional hosiery that doesn’t contribute to the ongoing problem of textile waste.
The Bulletproof Vest Materials in Fashion: A Game-Changer
The use of bulletproof vest materials in fashion is nothing short of revolutionary. Kevlar and other aramid fibers are designed to withstand extreme conditions, providing protection in life-or-death situations. Translating that durability into everyday wearables like tights opened up new possibilities in fashion—especially in terms of durability and performance.
For consumers, this meant an end to the cycle of buying cheap, disposable tights that often didn’t last more than a few uses. Sheertex Tights stood out in the market by offering something that was designed to be both stylish and practical, with a focus on longevity. But it wasn’t just the material that made the product exceptional. The tights are also engineered for comfort, offering breathability and flexibility that traditional hosiery couldn’t match.
By using these high-tech materials, Sheertex has set a new standard for the fashion industry. Homuth’s decision to use bulletproof vest materials demonstrates that innovation doesn’t have to be limited to tech or protective gear—it can also be harnessed to create products that enhance daily life, offering practical solutions to common problems while also elevating the fashion experience.
Next Up: Sustainable Swimsuits
After the monumental success of Sheertex Tights, Katherine Homuth is ready to tackle the next frontier in sustainable fashion: swimsuits. The swimwear industry, much like the hosiery sector, has been historically dominated by synthetic materials like nylon and polyester, which are made from petroleum-based resources and are not biodegradable. These materials contribute to the rising tide of microplastics in the oceans and pose significant environmental risks.
With her eyes on creating a more sustainable future, Homuth is now developing a line of sustainable swimsuits made from eco-friendly, biodegradable materials. This new line will aim to offer the same durability, comfort, and performance that made Sheertex Tights a success, but with a greater emphasis on environmental responsibility. Instead of using harmful synthetic fabrics, the swimsuits will be made from sustainable materials such as recycled polyester, plant-based fibers, and organic cotton.
The swimsuits will not only be environmentally friendly but also designed to meet the performance needs of modern consumers. Much like Sheertex Tights, the new swimwear will focus on longevity, ensuring that it resists wear and tear from chlorine, saltwater, and sun exposure, reducing the need for frequent replacements.
Homuth’s venture into sustainable swimsuits comes at a time when the fashion industry is grappling with how to reduce its environmental impact. Consumers are increasingly looking for brands that align with their values and are committed to sustainability. By entering the swimwear market, Homuth hopes to offer consumers a responsible alternative to traditional swimsuits, combining cutting-edge materials with eco-conscious designs.
A New Wave of Fashion Innovation
Katherine Homuth’s success with Sheertex is a prime example of how innovative thinking can disrupt an entire industry. By taking a material designed for bulletproof vests and transforming it into everyday fashion, Homuth has demonstrated that fashion doesn’t have to come at the cost of durability or sustainability. And now, with her focus on creating sustainable swimsuits, she’s poised to revolutionize yet another segment of the fashion market.
As consumers become more discerning about the environmental impact of their purchases, Homuth’s approach offers a glimpse into the future of fashion—one that values both performance and sustainability. By using advanced materials and sustainable production practices, she is paving the way for a new wave of eco-conscious, durable fashion that challenges the status quo and offers consumers something they can feel good about wearing.
With Sheertex continuing to flourish and her next big move set to disrupt the swimwear market, Katherine Homuth’s entrepreneurial journey is far from over. Her vision for a more sustainable, durable, and innovative fashion industry is one that will undoubtedly leave a lasting mark on the world of apparel.
Ivan Zhao, the visionary cofounder and CEO of Notion, has built more than just a digital workspace — he’s crafted a platform that’s rapidly becoming an essential tool for the next generation. As Gen Z continues to dominate the digital landscape, Ivan Zhao’s success with Notion is impressive, with the company now valued at $10 billion. But what sets Zhao apart from other tech founders is his unique approach to business, which draws inspiration from ancient philosophy.
The Genesis of Notion: A Bold Vision from Ivan Zhao and Simon Last
It all started in 2013 when Ivan Zhao and his cofounder Simon Last launched a startup aimed at making app and website development simpler. However, the initial product didn’t catch on as they had hoped. Rather than succumbing to failure, Zhao and Last made a bold move — they relocated to Kyoto, Japan, seeking clarity and a new perspective. It was in Kyoto, with its serene surroundings and deep philosophical roots, that the duo reimagined Notion as a flexible digital workspace designed to meet the diverse needs of users.
This pivot to creating Notion marked a turning point in their entrepreneurial journey, as the platform soon became an all-in-one tool that combined note-taking, task management, collaboration, and more. Today, it’s the workspace that millions of Gen Z users flock to for its unparalleled customization and simplicity.
Ivan Zhao’s Success with Notion is Impressive — But It’s About More Than Just Business
While Notion’s rise is a story of entrepreneurial triumph, it’s also a reflection of Ivan Zhao’s personal philosophy. Zhao is not only the CEO of Notion, but also a thinker deeply inspired by nature and systems theory. He applies these principles to his company in a way that sets him apart from typical Silicon Valley entrepreneurs. Zhao doesn’t view business simply as a race to scale; he sees it as a process of building systems that work harmoniously.
“Nature is the perfect system,” Zhao explains. “If you observe the balance in nature, it’s all interconnected. I want Notion to function the same way — where every part of the company serves a larger purpose.”
This deep belief in the power of systems thinking has allowed Zhao to craft a company culture and product that thrives on feedback loops and continuous improvement. The result? Notion has evolved into a truly adaptable platform that grows with its users — a trait that’s been integral to its success with Gen Z and beyond.
How an Ancient Philosophy Built a $10 Billion Company
Zhao’s approach to scaling Notion is deeply rooted in ancient philosophy. Inspired by systems thinking, Zhao believes that just like a healthy ecosystem, every component of Notion should work together to foster long-term growth and sustainability. His product development process is designed to be fluid and responsive, just like a natural environment.
This philosophy extends to Notion’s customer service as well. Zhao receives notifications directly to his phone each time a user submits a support ticket, reflecting his commitment to integrating user feedback into the platform’s ongoing evolution. This continuous loop of feedback ensures that Notion is always evolving to meet the needs of its diverse user base, including students, creators, and professionals.
Ivan Zhao’s Leadership Style: Leading Through Systems, Not Hustle
What truly sets Ivan Zhao apart from many other tech leaders is his focus on building systems that are sustainable and adaptable. Rather than focusing solely on short-term growth or following the traditional “hustle” mentality, Zhao thinks in terms of long-term evolution — much like the systems found in nature.
“I believe that success in business doesn’t come from the hustle culture,” Zhao says. “It comes from creating a system where every part is connected and working toward a common goal.”
This philosophy has not only shaped the way Notion operates internally but has also influenced its external success. Zhao’s ability to think strategically and implement systems thinking has helped Notion grow rapidly while maintaining a strong focus on customer experience and product quality.
The Future of Notion: A Digital Workspace for the Modern World
As Notion continues to expand, Ivan Zhao’s vision remains focused on creating a platform that empowers users to work smarter, not harder. Notion’s recent expansion into a template marketplace — where users can sell custom templates — adds an entirely new dimension to the platform, enabling creators to monetize their expertise.
Zhao’s success story is a testament to the power of blending modern technology with ancient wisdom. His philosophy of interconnected systems has created a company that doesn’t just thrive in the competitive tech world — it evolves with its users, creating a unique and sustainable digital workspace for the modern age.
For Ivan Zhao, the journey is just beginning. With a company valued at $10 billion and millions of users worldwide, Notion’s potential is limitless. As he continues to lead the company, Zhao’s commitment to integrating systems thinking and philosophy into his business model offers a blueprint for the next generation of tech leaders.
Andrew Carnegie’s remarkable journey from a poor Scottish immigrant to the richest man in the world is a testament to the power of effective delegation. His success story offers valuable lessons for today’s entrepreneurs on how to build scalable businesses and lead with vision. Mastering the art of delegation was key to Carnegie’s achievements, and understanding his approach can transform your business strategy.
Andrew Carnegie’s Legacy teaches us that true success doesn’t come from doing everything ourselves. Rather, it’s about surrounding yourself with talented individuals and trusting them to excel in areas where they’re stronger than you. By empowering his team, Carnegie could focus on high-level strategy and growth, allowing his empire to thrive without his constant involvement in daily operations. This method of delegation is something every modern entrepreneur should embrace.
Effective delegation is not just about offloading tasks; it’s about creating a system where everyone can thrive and contribute their best. Carnegie knew that by hiring the right people and empowering them with the autonomy to make decisions, he could focus on the bigger picture. His managers had clear guidelines, reported directly to him, and were trusted to execute his vision.
One of the core lessons of Andrew Carnegie’s leadership is that a business built on collaboration will achieve far greater heights than one relying solely on a single individual. Carnegie didn’t want to be the smartest person in the room; he valued expertise and delegated complex tasks to those more qualified. This approach enabled him to scale his business rapidly, creating a legacy that still serves as a blueprint for effective leadership today.
By incorporating Andrew Carnegie’s principles of delegation, you can unlock your business’s full potential. Empower your team, set up clear systems, and focus on what truly matters: innovation, growth, and leadership. Master the art of delegation, and watch your business soar to new heights.
In 2025, influencer marketing will continue its transformation, driven by technological advancements, shifting consumer behaviors, and a growing focus on authenticity. From AI-driven personalization to the rise of micro and nano influencers, here’s what brands need to know to stay ahead.
1. Creators Become Advisors & Consultants
Influencers are evolving beyond content creators to become trusted advisors and consultants for brands. By offering strategic insights and industry expertise, they are shaping campaigns from ideation to execution, making their role integral to brand growth.
2. AI-Driven Personalization in Influencer Marketing
AI and machine learning are empowering brands to create highly targeted campaigns. By analyzing audience preferences and behaviors, AI enables hyper-personalization that aligns influencers with niche audiences, ensuring maximum relevance and engagement.
3. Rise of Micro and Nano Influencers
As authenticity takes precedence, micro and nano influencers take the lead in campaigns. Their close-knit communities and relatable content foster trust, making them powerful brand advocates. These influencers are particularly effective in aspiration-driven markets, where audiences seek relatable success stories.
4. AI for Ideation
From brainstorming content ideas to refining creative strategies, AI tools are streamlining the ideation process for brands and influencers alike. This innovation not only accelerates campaign development but also ensures content resonates with target audiences.
5. Socio-Economic Shifts Drive Premiumization
As socio-economic shifts fuel positive rural sentiment and an aspiration for premium products, brands are partnering with influencers to tap into these emerging markets. This trend highlights the importance of culturally relevant storytelling in influencer campaigns.
6. More LinkedInfluencers on the Rise
LinkedIn is becoming a hotspot for professional influencers or “LinkedInfluencers.” These creators are collaborating with B2B brands to drive thought leadership, position products as solutions, and amplify professional networks.
7. Hyper-Personalization and Niche Influencers Dominate
In 2025, campaigns will focus on niche influencers catering to specific interests and demographics. This hyper-personalization ensures brands connect deeply with targeted communities, boosting loyalty and conversions.
8. Influencer Marketing Statistics for 2025 Highlight Growth
Influencer marketing is projected to grow to $24 billion by 2025, with 85% of marketers allocating dedicated budgets to influencer campaigns. Platforms like TikTok and Instagram continue to dominate, but emerging tools like AI-powered analytics make ROI measurement more precise than ever.
9. AI and Machine Learning for Personalization
AI and machine learning for personalization are transforming how brands connect with consumers. These technologies identify audience trends and predict behaviors, enabling influencers to deliver tailored content that feels both organic and impactful.
10. Sustainability and Social Responsibility
Influencers advocating for sustainable practices and social causes are becoming key to campaigns. Brands are embracing these partnerships to align with conscious consumer values, making a positive impact on both communities and the planet.
As the influencer marketing landscape evolves, leveraging tools like AI for ideation and fostering relationships with micro and nano influencers will be critical. By embracing hyper-personalization and addressing socio-economic shifts, brands can create campaigns that resonate deeply with their audiences. The future of influencer marketing lies in meaningful, authentic, and tech-driven collaborations.
Entrepreneurs
Crypto Entrepreneur Justin Sun and the $6 Million Banana: A Blend of Art, Blockchain, and Outer Space Dreams
In a dazzling mix of cryptocurrency culture and modern art, Crypto entrepreneur Justin Sun recently purchased a $6 million banana artwork, Comedian, by Italian artist Maurizio Cattelan. The piece, consisting of a banana duct-taped to a wall, has stirred both admiration and debate since its debut at Art Basel in 2019, where it was promptly eaten by a performance artist. Despite its ephemeral nature, the artwork’s value lies in its certificate of authenticity and its bold commentary on the meaning of art and value.
Sun, the Chinese founder of the Tron blockchain, outbid six contenders at Sotheby’s auction to own the provocative artwork. For Sun, the purchase is more than a headline-grabbing acquisition. He plans to personally eat the banana, continuing the playful yet profound tradition of engaging with the artwork in unconventional ways. However, thanks to the certificate of authenticity, a roll of duct tape, and a detailed 14-page manual, Sun retains the ability to recreate the artwork—complete with specifications on the banana’s orientation and placement.
The crypto billionaire’s purchase highlights the intersection of art, wealth, and blockchain culture, a world where ownership and authenticity often take precedence over tangible assets. Sun’s interest in the piece extends beyond personal consumption; he recently suggested sending the banana to space. In a post on X (formerly Twitter), Sun proposed donating the banana to Elon Musk for attachment to a SpaceX rocket, envisioning its journey to the Moon and Mars as an interstellar statement about art’s limitless potential.
Comedian has become a cultural symbol, challenging traditional notions of value and artistic significance. Sun’s ownership adds a layer of intrigue, merging the worlds of crypto entrepreneurs and contemporary art. Whether eaten or launched into space, the $6 million banana continues to spark conversation, pushing the boundaries of what art—and ownership—can represent in the modern age.
Business
Snoop Dogg Launches “Lovechild” Jewelry Collection: A Celebration of Empowerment, Style, and Love
Snoop Dogg, the legendary rapper and cultural icon, has just launched his highly anticipated jewelry line, Lovechild, in collaboration with Metal Alchemist and music and media company gamma. This unique collection is designed not only to elevate personal style but to also inspire empowerment and well-being, making it much more than just a jewelry collection.
The Lovechild name was carefully chosen by Snoop himself, reflecting his desire to lead with love in a world filled with anger, negativity, and division. “I wanted to create something that represents positivity and empowerment—something that reminds people to lead with love,” Snoop Dogg explained. Through this collection, Snoop’s vision of spreading love as a transformative energy is brought to life in the form of luxurious, yet meaningful jewelry.
Snoop’s Lovechild jewelry collection includes carefully crafted pieces made with precision and quality, designed to resonate with individuals who believe in self-expression and personal growth. The collection exudes a sense of timeless style, making each piece not just a fashion statement but an emblem of the powerful energy Snoop wants to share with the world.
The Lovechild collection will be available exclusively at Reeds 57 locations and online at reeds.com, offering fans and jewelry enthusiasts alike the chance to own a piece of Snoop.Love. The collaboration between Snoop Dogg and Metal Alchemist founder Carolyn Rafaelian is rooted in their shared belief in empowerment and transformation. Rafaelian, who has been at the forefront of creating innovative jewelry with a clean and powerful aesthetic, believes that this collection will be an unexpected hit, combining Snoop’s passion for love and positivity with Metal Alchemist’s commitment to using precious metals in groundbreaking ways.
“Snoop and I have always shared a foundational belief—to empower others and change the way things are done,” said Carolyn Rafaelian. “This partnership with gamma. takes that shared vision to new heights.” The Lovechild jewelry collection is not just about style; it’s about creating a movement of positivity, love, and transformation that resonates with anyone looking to make a difference in their own lives and in the world.
With the launch of Lovechild, Snoop Dogg has once again proven that his influence extends beyond music and entertainment. The collection promises to make a lasting impact, combining the worlds of fashion, empowerment, and iconic style into one unforgettable jewelry line. Snoop’s Lovechild collection is set to become a symbol of the power of love and the timeless appeal of style.
Business
Ashley Sankar’s Shark Tank Success: From Job Hustle to Thriving Side Business with NineteenTwenty
Ashley Sankar is redefining the meaning of hustle. Balancing a demanding job as a senior program manager at Amazon and a burgeoning side business, she exemplifies entrepreneurial determination. Her Phoenix-based startup, NineteenTwenty, recently caught national attention when she and her husband, Zach, landed a $250,000 deal on ABC’s Shark Tank.
The Birth of NineteenTwenty
NineteenTwenty isn’t just another clothing brand—it’s a game-changer. The company designs versatile apparel like puffer jackets and skirts that transform into practical items such as tote bags, pillows, or blankets. Launched in December 2022, the side business generated $269,000 in its first year, despite challenges like limited inventory.
“Our mission was to supplement our income,” Ashley shared. “But it grew faster than we imagined.”
Balancing a Job and Side Business
Ashley Sankar’s journey to Shark Tank success wasn’t without sacrifices. Working 10-12 hours daily at her job and dedicating another 6-8 hours to her side business, she pushed the limits of her time and energy. Her relentless efforts paid off when she and Zach pitched NineteenTwenty to the show’s investors.
The Shark Tank Moment
On Shark Tank, the Sankars asked for $250,000 in exchange for 10% equity. While facing tough questions about financials and industry competition, their passion and ingenuity shone through. Investor Robert Herjavec offered $250,000 for a 25% stake, a deal the couple gladly accepted.
“I’d rather have 72% of something than 100% of nothing,” Ashley said.
A Success Story in the Making
For Ashley Sankar, balancing a job and a side business has been a journey of perseverance. NineteenTwenty’s success on Shark Tank not only validates her hard work but also marks the start of an exciting new chapter.
With her entrepreneurial spirit and work ethic, Ashley’s story is proof that with determination and innovation, even the busiest dreamers can turn their side hustle into a success.
Business
How Entrepreneurs Can Unlock Growth, Freedom, and a Balanced Lifestyle through the Right Community
In today’s rapidly evolving world, entrepreneurs are constantly on the hunt for new ways to scale their businesses, achieve personal growth, and enjoy true freedom. For many, the answer lies in joining a high-value, growth-oriented community that empowers them to reach their goals without compromising their lifestyle. In this post, we’ll dive into how the right entrepreneurial community can help you grow, achieve greater freedom, and create a more balanced life.
Why Entrepreneurs Need a Growth-Focused Community for Success
Entrepreneurship can be an isolating journey. Many entrepreneurs start with dreams of financial freedom and a fulfilling lifestyle but find themselves overwhelmed by the challenges of running a business. This is where an entrepreneurial community becomes invaluable. Being part of a group that shares your vision for growth can significantly accelerate your progress. Communities like Platinum ELEVATED, for example, offer an environment where ambitious entrepreneurs can connect, learn, and thrive together.
The Power of a Community: Grow Beyond Your Limits
When you surround yourself with like-minded entrepreneurs, you gain access to insights, strategies, and a support system that’s hard to find elsewhere. In a growth-oriented community, members share knowledge, resources, and real-world experiences that can help you avoid common pitfalls and take more direct paths to success.
Moreover, these communities are built around accountability, one of the most critical factors in maintaining focus and achieving consistent growth. With regular check-ins and peer support, entrepreneurs are more likely to stay committed to their goals and overcome challenges effectively.
Achieving Freedom in Both Life and Business
One of the biggest draws of entrepreneurship is the promise of freedom. However, many entrepreneurs struggle to achieve this due to constant demands on their time and energy. A supportive community can change that. By learning from others who have found ways to balance business success with personal fulfillment, you can develop strategies for achieving true freedom.
Joining a community like Platinum ELEVATED can be transformative. Their structured approach combines personal coaching, mentorship, and group sessions, all of which can help entrepreneurs not only grow their businesses but also reclaim their time, focus on family, and enjoy a balanced lifestyle.
Practical Tips for Finding the Right Community for Your Entrepreneurship Journey
Finding the right community for your entrepreneurship goals requires careful consideration. Here are a few tips to help you make an informed choice:
- Look for a Community That Matches Your Values – Make sure the group aligns with your vision for both business growth and personal lifestyle goals.
- Consider the Expertise Available – Communities led by experienced entrepreneurs, like Chad Willardson’s Platinum ELEVATED, offer a wealth of knowledge and insights that can fast-track your success.
- Assess the Support Structure – Choose a community that offers ongoing support, accountability, and practical resources to help you achieve real growth.
Unlocking Growth, Freedom, and Lifestyle Balance Through Entrepreneurship
In summary, joining a supportive, growth-oriented community can help entrepreneurs achieve their vision of success, freedom, and a balanced lifestyle. By tapping into the power of collective wisdom, practical support, and accountability, you can elevate your business and your personal life in ways that might not be possible on your own.
The journey to entrepreneurial success is never easy, but with the right community by your side, you can enjoy the growth, freedom, and lifestyle balance that every entrepreneur dreams of.
In today’s world, the global wellness industry has reached an astonishing milestone, with a market valuation of $6.32 trillion in 2023. This expanding industry now outpaces pharmaceuticals and sports, highlighting a significant shift in consumer priorities toward holistic health. The wellness market growth covers various sectors, including personal care, beauty, weight loss, nutrition, and even wellness real estate, showcasing an increased focus on mental and physical well-being in daily life.
The Wellness Boom: A Post-Pandemic Priority
Following the pandemic, individuals have become more health-conscious, leading to a surge in demand across wellness sectors, especially in personal care and nutrition. This post-pandemic wellness trend underscores the heightened importance people place on preventive health and self-care, resulting in a robust rebound for the wellness industry after the temporary setbacks experienced during COVID-19. North America, known for its higher expenditure in wellness, remains at the forefront of wellness market spending, emphasizing regional differences in health-related investments.
Corporate Wellness: Investing in Employee Well-Being
The corporate wellness market is also expected to witness considerable expansion by 2032 as companies increasingly recognize the value of prioritizing employee health. Employers are investing in wellness initiatives—like mental health resources, fitness programs, and wellness retreats—to foster a happier, healthier workforce. This evolution in workplace culture signals a new era where corporate wellness programs are as essential as traditional benefits, underscoring the strong connection between well-being and productivity.
Hybrid Work and Remote Job Satisfaction
The rise of hybrid work productivity is another trend reshaping the wellness industry. Research shows that employees working in a hybrid model report similar productivity levels to in-office employees while experiencing higher job satisfaction. Many credit this satisfaction to the flexible balance between work and personal life that hybrid work enables. Reflecting the quirks of remote work, Kevin O’Leary recently commented on the “business on top, casual on the bottom” fashion trend during a television appearance, capturing the essence of remote work culture.
Tech Innovations: Smart Glasses and Health Monitoring
In the tech world, wellness trends are influencing the development of new devices. Following Meta’s success with its recent launches, Apple is now considering entering the smart glasses market. With wearable technology already playing a pivotal role in health tracking, Apple’s potential entry could further revolutionize how people engage with their well-being.
Surprising Shifts in Wealth and Health Culture
A recent analysis also uncovered that the wealthiest U.S. city is not in New York or California, reflecting new demographic trends in wealth and wellness priorities across regions. This unexpected shift further emphasizes how health and wellness are spreading beyond traditional high-income areas, with other regions leading in wellness-oriented lifestyles and investments.
Wellness Industry Trends: The Future Outlook
The future of the wellness industry points to sustained growth across various areas, from corporate wellness to advanced personal care solutions. Companies are likely to increase their investment in wellness programs, creating a more supportive workplace culture focused on employee well-being. As health and wellness industry trends continue to evolve, the industry’s growth will likely see further expansion into wellness tourism, sustainable health products, and more personalized wellness solutions.
This remarkable rise of the global wellness industry exemplifies the shift in modern values, with a focus on health, fulfillment, and a balanced lifestyle. The wellness sector’s continued growth signals a bright future where personal well-being takes center stage in both our personal and professional lives.
-
Health4 years agoEva Savagiou Finally Breaks Her Silence About Online Bullying On TikTok
-
Health2 years agoTraumatone Returns With A New EP – Hereafter
-
Health3 years agoTop 5 Influencers Accounts To Watch In 2022
-
Fashion4 years agoThe Tattoo Heretic: Kirby van Beek’s Idea Of Shadow And Bone
-
Fashion3 years agoNatalie Schramboeck – Influencing People Through A Cultural Touch
-
Health3 years agoTop 12 Rising Artists To Watch In 2021
-
Health4 years agoBrooke Casey Inspiring People Through Her Message With Music
-
Health3 years agoTop 10 Influencers To Follow This 2021
-
Health4 years agoMadison Morton Is Swooning The World Through Her Soul-stirring Music
-
Health4 years agoFiery, Electric, And Tenacious. Leah Martin-Brown’s All That