Low Profit Margin Businesses
A low profit margin business is a business that makes only a small profit on each sale. These businesses often sell products or services at low prices, face strong competition, or have high costs. Even though they don’t make much money per sale, they can still succeed by selling in large quantities, managing costs, and running efficiently. Read more
Hydrate Your Business: The Power of Marketing
Just like water fuels the body, marketing fuels a business. Without consistent and strategic marketing efforts, even the best products and services can go unnoticed. To keep your business thriving, you must actively engage with your audience, build brand awareness, and drive customer loyalty. Read more
Africa’s Fastest Growing Companies 2024
Many in Africa remain optimistic about the continent’s economic potential as the global economy shifts towards technology and clean energy. For Africa to achieve economic parity with other continents, its promising technology, healthcare, and financial companies must continue to expand. Read more
How Telegram Became Successful Without a Marketing Budget (And How It Makes Money)
Telegram is a messaging app that became very popular without spending a lot of money on advertising. So, how did they do it? Here’s the story: Telegram promised something that many other apps didn’t—strong privacy. It gave users the ability to send messages that are encrypted, meaning they are very secure. This made Telegram attractive to people who cared about their privacy, especially in a time when data security was becoming a bigger concern. Read more
Why Businesses Should Plan for the Worst but Hope for the Best
In the modern business landscape, companies must be prepared for unexpected challenges while maintaining an optimistic outlook. The phrase Plan for the worst but hope for the best is not just a cliché—it’s a critical strategy for long-term success. Read more
Timing is Profit: Why Knowing Your Business Cycles Matters
Every business experiences fluctuations in demand—some months bring a surge of customers, while others feel like a slowdown. Recognizing these cycles isn’t just about preparing for highs and lows; it’s about optimizing resources, cutting unnecessary costs, and maximizing profits. Read more
Last Week’s NBA Trade Moves Offer Valuable Lessons for Business Owners
The NBA has been struggling with declining TV ratings for several years. While basketball remains popular, the league faces stiff competition from the NFL, which consistently dominates viewership. The Super Bowl alone attracts over 100 million viewers, while even regular-season NFL games outperform NBA broadcasts. Read more
The Most Valuable Startups Today
More than ever before, promising startups are choosing to stay private rather than entering the public market to raise funds. Companies like OpenAI and Stripe have had easy access to capital, reducing the urgency to go public. Read more
FSX Management is launching a media company focused on business, investing, technology, and entrepreneurship!
As we continue to collaborate with small businesses, startups, and entrepreneurs, we’ve recognized the need for a platform that highlights their stories in meaningful and impactful ways. Many media companies wait until businesses achieve massive success before showcasing their achievements on front pages or in media coverage. Read more
How to Effectively Manage Angry Customers in Your Business
Dealing with angry customers is an inevitable part of running a business. How you handle these situations can make or break your relationship with the customer and impact your business's reputation. Here’s a practical guide to managing angry customers effectively: Read more!
How Retailers Can Boost Revenue During the Holiday Season
The holiday season is a critical time for retailers to maximize sales and profits. With thoughtful strategies, businesses can capitalize on increased consumer spending and drive revenue. Here are key tips to make the most of the season: Read more
The Rise of Direct-to-Consumer Brands
In recent years, the retail landscape has undergone a profound transformation, driven by the rise of direct-to-consumer (DTC) brands. These companies bypass traditional retail intermediaries, leveraging online platforms to sell directly to their customers. This approach has reshaped consumer expectations and disrupted long-established industries. Read more
A Day in the Life of a Founder: How I Spend My Time Building a Business
A few years ago, when former Starbucks CEO Howard Schultz was asked about the reason for Starbucks’ success, his answer taught me a significant lesson in building a business. He said there isn’t a single action that creates a successful company—there are many elements that contribute to building a great business.
How Uber Finally Cracked the Code to Profitability
Just a few days before Christmas in 2022, Uber drivers across the country were confused by the low fares flashing on their phone screens. Many assumed it was a glitch that would be fixed by day's end, as had happened with past software issues. However, some drivers speculated differently. A driver in Washington D.C. worried if his years of unpaid federal taxes had finally caught up with him, read more
FSX Management: Our Current Initiatives and Our Future Strategy
I found FSX Management in 2020, two years after I dropped out college from George Mason University, and after 17 years I came to this country from Ethiopia. I was 22 credits away to get my bachelor’s degree in finance and minor in Economics read more
