Tourist spending boosting U.S. economy
A growing number of tourists from countries including China, India and Argentina are pouring into America’s shopping malls to snap up everything from iPhones to Coach handbags that carry cheaper price tags in the U.S. So-called tourism exports, or the value of products and services purchased by visitors from abroad, have climbed to a record, boosting the economy and employment. More at Bloomberg.
How to create an effective, non-boring business introduction
The goal of networking is not to gather sales leads, but to engage in a conversation that starts a solid business relationship. The only purpose of a short introduction is to only create awareness, stimulate engagement, and get to a next step -- for the other person to learn more about how your business can help them. Read Ron Stein's full column.
Watsco delivers growth
CEO Sounding Board
What is you favorite app?
"It’s perfect for capturing the excitement of live events. Utilizing Vine allows our followers to experience a ‘snapshot’ of what we do, the venue, the entertainer and the audience reactions."
Coconut Grove-based Watsco Inc. is one of the biggest local companies you’ve probably never heard of. With about 4,600 employees, Watsco distributes new equipment and parts for air conditioning, refrigeration and heating systems at more than 570 locations in 38 states, Puerto Rico, Mexico and Canada. More at the Miami Herald.
Define business problems before implementing solutions
Business owners and managers often assume they know how to solve every problem simply because they have had many years of experience. However, experience often leads to decisions that worked in the past, and past decisions are not always applicable in the current environment. Read Dr. Jerry Osteryoung's full column.
Miami Design District’s transformation into a luxury shopping destination
Construction is underway, as the transformation of the once-gritty Miami neighborhood into a glamorous international luxury shopping destination takes shape. It’s a massive undertaking inside Miami’s urban core: In a little more than two years, nearly 120 top retailers will fill the compact district. More at the Miami Herald.
Out of the Box
A resort and spa for cats? As unlikely — and unnecessary — as that might seem to some, it's a full-time business for Susan Barr at the Smitten Kitten in Spring Hill. Each "condo" and "luxury suite" offers five levels for living and dining, appointed with velvety lounging cushions, a darkened area for a worldly escape, an enclosed "bathroom" for privacy, and, by design, all of it bark-free.