December 17, 2020

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9 min read

Opinions expressed by Entrepreneur contributors are their own.


In business, being the trusted authority in your space is the best way to earn your customers’ trust. Or is it the other way around? Do you become an authority in your space by earning the trust of your customers and clients over time?

Authority, clout, credibility — the immediately earned trust of a customer through purely social indicators is one of the most sought after statuses as a brand or a business. To understand how to earn authority and trust, we must understand the two types of authority that matter the most in the 20th century and utilize them for maximum success.

The word authority, the way I mean it, is defined as a person or organization having power or control in a particular, typically political or administrative, sphere. 

So how do we, as

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A company leader’s existence is a long series of decisions, yet many executives don’t have a systematic approach to making those decisions. They rely on intuition; they don’t have an accurate understanding of their track record over time; and they fall prey to biases, cherry-picking new information to reinforce existing beliefs rather than looking at data objectively. These are challenges that Annie Duke has experienced firsthand.

Duke studied cognitive science at the University of Pennsylvania and was a few months from completing her Ph.D. when she had to take time off for health reasons. She started playing poker, thinking initially that it would just be something with flexible hours that she could do until returning to her studies. But she turned out to be very, very good at the game. Duke played professionally for 18 years, winning a World Series of Poker championship (one of the game’s biggest prizes) in

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A whole lot of available corporate aide will be gone for good after midnight on January 20th.

Free Book Preview: Coach ’Em Way Up

Discover how to be an influential mentor through tips and advice based on the teachings of respected basketball coach John Wooden.


3 min read

Opinions expressed by Entrepreneur contributors are their own.


At the beginning of 2020 millions of small business owners were stunned when forced to temporarily close because of COVID-19, nor could they have imagined that their entrances would become permanently padlocked 10 months later. 

For the still-struggling survivors there is help via thousands of grants available for small businesses and nonprofits, yet many of these business breaks will expire at the end of the year. 

Related: Entrepreneur – Start, run and grow your business

Why should small businesses and nonprofits apply for grants? Because large companies, philanthropic organizations and

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The US Treasury labeled Switzerland and Vietnam as currency manipulators on Wednesday and added India, Taiwan and Thailand to a watch list of countries it suspects of taking measures to devalue their currencies against the dollar.


The “monitoring list” of countries has now hit 10. Others on the list include China, Japan, Korea, Germany, Italy, Singapore and Malaysia.


The Treasury also said that India and Singapore had also intervened in the foreign exchange market in a “sustained, asymmetric manner” but did not meet other requirements to warrant designation as manipulators.




Designation as a currency manipulator comes with no immediate penalties but can rattle financial markets.


The US government had earlier removed India from the monitoring watch list in May, 2019.


In what may be one of the last broadsides to international trading partners by the departing

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