June 2024

RealPage Rent Price-Fixing Probe Escalates With FBI Raid

RealPage Rent Price-Fixing Probe Escalates With FBI Raid


The Federal Bureau of Investigation (FBI) conducted an unannounced raid of national corporate landlord Cortland Management on May 22, ramping up an investigation into an alleged rental price-fixing conspiracy that may have already impacted millions of Americans.

The surprise search was reportedly part of a criminal antitrust investigation by the U.S. Department of Justice (DOJ) into RealPage, a $9 billion software company that recommends rent raises on millions of housing units across the U.S.

Per RealPage blog posts, Atlanta, Georgia-based Cortland, which owned nearly 85,000 apartment units as of June 2022, used RealPage’s algorithm to “ensure consistent vendor pricing for their communities from Arizona to Georgia.”

RealPage’s effects can be seen most noticeably in Atlanta, where software-based pricing affects more than 80% of rentals. Since 2016, rents in the city have grown by 80% — and higher vacancy rates have not driven prices down.

Apartment buildings. Credit: Getty Images

The problem with RealPage, according to multiple lawsuits filed in the past two years in California, Arizona, New York, and other states, is that its algorithm increases rental prices in response to data collected from landlords — not according to demand.

Landlords “were not competing at all,” Arizona Attorney General Kris Mayes stated in a February lawsuit announcement against RealPage.

“They were colluding with one another,” Mayes said.

According to the Arizona lawsuit, and others filed, landlords gave RealPage detailed information about rent prices, lease terms, amenities, move-out dates, and occupancy rates.

“Using this sensitive data RealPage directed the competitors on which units to rent, when to rent them, and at what price,” Mayes stated. “This was not a fair market at work, this was a fixed market.”

Related: State Attorney Generals Sue RealPage, Landlords Over ‘Astronomical’ Rent Hikes: ‘This Was Not A Fair Market At Work’

RealPage’s reach is undeniable. A D.C. lawsuit showed that 60% of apartment buildings in the area set prices using RealPage. In Phoenix, Arizona, 70% of apartment units were owned or managed by companies using its software.

Over 16 million rental units across the U.S. used RealPage’s algorithm as of a 2020 blog post.

“That’s a very large chunk of the total inventory in the country when you consider that there are about 22 million investment-grade apartments in the US today,” Tracy Saffos, industry principal at RealPage, said in the same post.

Related: Where Are Rents Dropping the Most in the U.S.?

RealPage’s impact on renters has been noticeable — even to executives at the company.

When asked about the role RealPage’s technology played in rising apartment rents, company executive Andrew Bowen said that the software was “driving it.”

“As a property manager, very few of us would be willing to actually raise rents double digits within a single month by doing it manually,” Bowen said.

Even though RealPage told CNBC that its landlord customers aren’t required to use the rent increases its algorithm recommends, a 2022 investigation by ProPublica revealed that landlords accepted 80-90% of the algorithm’s suggestions.

RealPage sent out “pricing advisors” to meet with landlords in person to follow up on their use of its recommended rates, according to the February Arizona lawsuit against the company.

In the past ten years, rent inflation has outpaced overall inflation numbers by 40.7%.

Related: CPI Report: Rising Rent, Gas Prices Keep Inflation Up



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How This Couple Transformed a Gas Station Kitchen Into a Legendary BBQ Destination

How This Couple Transformed a Gas Station Kitchen Into a Legendary BBQ Destination


Opinions expressed by Entrepreneur contributors are their own.

Joe’s KC Bar-B-Que was made famous by serving ‘que from a neighborhood gas station.

But it’s their dedication to the craft that has made them legends.

Joy Stehney, co-founder of Joe’s Kansas City Bar-B-Que, exemplifies the true spirit of entrepreneurial grit and passion. Alongside her husband Jeff, a BBQ Hall of Famer, they transformed a modest gas station kitchen into a legendary barbecue destination that now stands as a beacon of excellence in Kansas City’s storied culinary landscape.

The Stehneys embarked on their barbecue journey as competitors in the renowned Kansas City Barbecue scene.

Their success in BBQ competitions built a fanbase that encouraged them to begin a catering business. This led them to lease a kitchen space in a local gas station and partner with Joe Don Davidson (Oklahoma Joe’s Smoker Company).

Their venture began with a restaurant in Stillwater, Oklahoma, followed by their iconic Kansas City location in 1996. Despite early challenges and a subsequent name change from Oklahoma Joe’s Bar-B-Que to Joe’s Kansas City Bar-B-Que, they successfully established themselves in the barbecue community.

“My husband had the crazy idea to quit his job and we’re going to go into the restaurant business,” Joy Stehney shared with host Shawn Walchef of Cali BBQ Media. “We opened our second restaurant in Kansas City in the gas station in 1996. And we’ve been going ever since.”

Maintaining high food quality has been paramount for the brand, especially in its catering business.

Related: The Restaurateur Who Created a Safe Space for Celebrities to Eat in Peace in NYC

Despite her personal aversion to takeout, Stehney and the team have perfected the art of delivering exceptional food and service to their customers. Through rigorous testing and experienced staff, they ensure that their barbecue reaches guests in perfect condition, maintaining the high standards that keep people coming back.

“Good food and good service. It’s so important when the food is going to leave the building,” she explained. “We have great quality control at our restaurants and the food quality is the most important thing.”

Joe’s KC Barbecue has become a beloved staple in Kansas City, attracting fans from all walks of life, including Kansas City Chiefs superstar and Super Bowl Champion Travis Kelce. Stehney is ready to extend her hospitality to Kelce and his superstar girlfriend Taylor Swift, should they decide to tie the knot.

Related: How Do You Start a Successful Restaurant? Obsess Over the Tiniest Details, Says This Entrepreneurial Chef.

“I do want to say this. Travis and Taylor, I’ll cater the wedding. I’ll cater the rehearsal dinner. Whatever you want. Okay? Call me,” Joy enthusiastically offered.

From humble beginnings in a gas station to becoming barbecue icons, Joy Stehney’s dedication to quality and hospitality has solidified Joe’s KC Bar-B-Que as an exemplary family business and stand out in the industry.

About Restaurant Influencers

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Overqualified Employees Can Be Helpful or Harmful to Your Business. Here’s How to Keep Them Engaged and Productive.

Overqualified Employees Can Be Helpful or Harmful to Your Business. Here’s How to Keep Them Engaged and Productive.


Opinions expressed by Entrepreneur contributors are their own.

Organizations often find themselves with a mix of employees who possess a wide range of talents, experiences and expertise. Among them are those who may be overqualified – individuals who believe they possess talent and skills that exceed what is needed or required in their job. The presence of such employees reflects a widespread phenomenon, with some estimates indicating that nearly a third of the global workforce views themselves as possessing surplus qualifications. This trend is only likely to continue as factors such as educational attainment outpacing market demands, continuous shifts in skill requirements driven by technological advancements, and increasingly selective hiring practices lead individuals to take on roles that do not fully utilize their qualifications. We may, in fact, be barreling toward a future of mass overqualification.

Such realities make understanding the potential consequences of employing overqualified workers critical for organizations, as their presence could make or break productivity. While intuition suggests having overqualified employees can be problematic, it may also present unique opportunities for both employees and their organizations. Research on the matter, while extensive and insightful, has at times provided inconsistent findings, which has complicated our understanding and hindered the development of effective strategies to address the issue.

Interested in getting a clearer picture of the consequences of employee overqualification, my colleagues and I conducted a meta-analysis (a study of studies, if you will) to shed some light on the matter. We analyzed data from more than 200 studies involving over 85,000 employees. The study was recently published in the Journal of Management. Here’s what our review of the literature suggests:

How they interpret their situation matters

What drives people to commit to performing their tasks effectively, assisting their colleagues when needed, and exercising self-restraint to prevent behaviors detrimental to their organization’s success? Numerous explanations abound, but research suggests that they generally fall into one of three buckets: having compelling motives, feeling enthusiastic and possessing confidence in one’s abilities. In other words, people are likely to engage positively with their work when they have sufficient reason to, feel energized to and believe they can do the work.

This framework helps explain why, in our study, we found that overqualified employees can be either harmful or helpful to the companies they work for.

On the one hand, our results suggest that some overqualified employees interpret their work situation negatively, focusing on how their job is deficient or lacking in some way. Generally speaking, people expect to obtain a job commensurate with their experience and educational level. Failure to do so is understandably bound to result in feelings of frustration and demotivation. They may blame their organization for failing to provide sufficient opportunities that match their skills, lack interest in their tasks, or feel resentful of those who they see as better off. These feelings may spill over into their work, affecting the way they view their job, perform their tasks, and interact with others. This explains why, in our study, we found that overqualified employees can be poor performers and may even engage in counterproductive work behavior.

On the other hand, our results also suggest that overqualified employees can be an asset, particularly when they interpret their situation positively. That is, while viewing oneself as overqualified may at times be frustrating and even disappointing, it nonetheless signals that one is indeed capable of executing one’s tasks effectively and performing at a high level. When leveraged, such confidence can empower employees to develop effective coping strategies and regulate their behavior in productive ways. This explains why we also found that some overqualified employees perform at high levels, go the extra mile when needed, and avoid behaviors that can harm their organization.

Related: Your Employees are Demotivated and You Could Be Responsible — Here are 6 Ways to Keep Your Team Energized and Engaged

It not only affects their productivity

How overqualified employees interpret their situation matters not just for the bottom line but also for their own psychological wellbeing. We found that those employees who view their surplus skills as an asset tend to enjoy better mental and physical health, as well as greater overall job satisfaction. This offers an important insight for employees: While feeling overqualified might be frustrating, how you interpret your circumstances plays a crucial role in your mental and physical wellness, which can enable more effective coping strategies that can put you in a better position to eventually improve your situation.

As is often the case, culture is key

How, then, can you help your overqualified employees interpret their situation in more productive ways? One obvious way is to provide them with opportunities to apply their skills, whether through challenging work assignments, leadership training or pathways for advancement.

Besides these factors, our study found that culture matters. We looked specifically at national culture — and found that employees from more collectivist and flexible cultures tend to interpret their situation more positively — but the insights can nevertheless be applied to organizational culture as well. Specifically, cultivating a sense of belonging and fostering a mindset focused on learning and growth can shift overqualified employees’ focus towards the positive aspects of their situation, leading to better work outcomes. Implementing such a culture takes time, but a good place to start is by opening up both vertical (up the hierarchy) and horizontal (across departments) channels of communication, offering mentorship programs, and providing opportunities for continuous learning and development.



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Elon Musk Is Feuding With Meta AI Chief Yann LeCun

Elon Musk Is Feuding With Meta AI Chief Yann LeCun


A leading AI researcher has publicly called out Elon Musk for his “blatantly false” AI predictions as the clash between the two continues after a week of back-and-forth.

In a Sunday post on Musk-owned X, Meta chief AI scientist Yann LeCun said that he disagreed with Elon Musk’s treatment of scientists and approach to the AI hype.

“I mean, expressing an ambitious vision for the future is great,” LeCun wrote. “But telling the public blatantly false predictions (“AGI next year”, “1 million robotaxis by 2020”, “AGI will kill us all, lets pause”,…) is very counterproductive (also illegal in some cases).”

Musk has made those predictions. In April, he said that AGI, or artificial general intelligence smarter than the most intelligent human, would arrive “probably next year, within two years.”

He also promised 1 million robotaxis by 2020 on a 2019 call with investors and said at an AI safety summit in November that “there is some chance, above zero, that AI will kill us all.”

Yann LeCun, chief AI scientist at Meta. Photographer: Benjamin Girette/Bloomberg via Getty Images

LeCun also disagreed with how Musk treats his scientists, pointing out that research needs publications and openness to advance.

“Secrecy hampers progress and discourages talents from joining the effort,” LeCun wrote.

Musk’s startup, xAI, raised $6 billion last week and stated that the money would go towards bringing its first products to market. The AI startup only has one public-facing product so far: an AI chatbot called Grok that is only available to premium X users.

xAI made the AI model behind Grok publicly available in March.

Related: Jack Dorsey Announces His Departure from Bluesky on X, Calls Elon Musk’s Platform ‘Freedom Technology’

Musk did not directly respond to LeCun on Sunday but posted a meme on the same day parodying LeCun’s posts.

LeCun and Musk’s disagreement started last week when LeCun responded to an xAI job posting and criticized Musk’s leadership.

Musk then taunted LeCun’s research background, telling him to “try harder” after LeCun said he published over 80 technical papers since January 2022.

LeCun did not respond to Entrepreneur’s request for comment.

Related: ‘We Can All Agree Elon Isn’t Serious’: Mark Zuckerberg Slams Elon Musk as Feud Continues





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Sally Buzbee ‘Abruptly’ Exits as Top Washington Post Editor

Sally Buzbee ‘Abruptly’ Exits as Top Washington Post Editor


The Washington Post has confirmed that executive editor Sally Buzbee stepped down from her role Sunday in an unexpected decision that will change the publication’s editorial landscape.

Buzbee’s exit was reported to employees via an internal email from CEO William Lewis who called the decision an “abrupt shake-up at the top” and noted that former Wall Street Journal Editor-in-Chief Matt Murray will temporarily take over Buzbee’s position.

Related: Jeff Bezos Denies Reports He Wants to Sell Washington Post

“We’re troubled by the sudden departure of our executive editor Sally Buzbee and the suggestion from our Publisher and CEO Will Lewis that the financial issues plaguing our company stem from the work of us as journalists instead of mismanagement from our leadership,” the Washington Post Guild told USA Today in a statement. “We are also concerned about the lack of diversity at the top levels of the organization, especially as the Post seeks to reach new audiences while continuing to cover the most pressing issues in the nation and the world.”

Murray is set to depart following the 2024 U.S. presidential election in November and will be replaced by Robert Winnett, who will serve as the top editor. Winnett was previously the deputy editor of Telegraph Media Group.

“I’m deeply honored to join such a storied news institution with its long, rich history of memorable and impactful journalism and want to thank Sally for her great leadership,” Murray told the Washington Post. “I am excited by Will and Jeff’s vision for The Post’s next era of growth and reinvention and can’t wait to get started.”

The Post will also change its organizational structure by adding a third newsroom focused on service and social media journalism that will exist separately from the publication’s core news coverage.

Related: Read Mark Zuckerberg, Elon Musk, and Jeff Bezos’ Rude Emails

“The aim is to give the millions of Americans – who feel traditional news is not for them but still want to be kept informed –compelling, exciting, and accurate news where they are and in the style that they want,” the Post said.

The publication will also continue to use AI and video storytelling to reach a broader range of readers in the changing landscape of the industry.

The Washington Post is owned by Amazon founder and billionaire Jeff Bezos, who purchased the publication in 2013 for an estimated $250 million in cash.



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5 Business Lessons Learned From Climbing the Seven Summits

5 Business Lessons Learned From Climbing the Seven Summits


Cason Crane, founder of Explorer Cold Brew, was “indoctrinated with a very strong sense of adventure from an early age,” he tells Entrepreneur. Both of his parents instilled that passion in him, but Crane credits his late mother, Isabella de la Houssaye, as “the ringleader” who inspired him to travel to more than 100 countries, compete on the reality TV show Race to Survive Alaska, conquer the Seven Summits as the first openly LGBTQ+ person and launch his Brooklyn-based coffee brand — all before the age of 30.

Image Credit: Courtesy of Explorer Cold Brew. Cason Crane.

Crane set his sights on tackling the Seven Summits after he climbed Mt. Kilimanjaro with his mother, and when he was 19 and 20, he did just that, summiting the highest mountain on each continent with the Pride flag in hand. “She was the original explorer,” Crane says of his mother. “She was my sounding board for Explorer Cold Brew. So she was an inspiration for the adventures we’ve taken on.”

The idea for Explorer Cold Brew, which offers a beverage with caffeine levels ranging from 99% caffeine-free to 300 milligrams per serving, came to Crane during the pandemic. His husband introduced him to cold brew, and he became a big fan, enjoying it into the afternoon — but it kept them both up at night. When Crane’s husband suggested he switch to decaf — and Crane’s therapist recommended he find a hobby that harnessed his business acumen — he had his “lightbulb moment.”

Related: 3 Ways to Invest in Coffee, Other Than Drinking It

A quick Amazon search revealed plenty of cold brew options on the market, but none of them were decaffeinated. At the time, Crane was working as a consultant for Bain, so he immediately went into research mode, eager to find out what percentage of coffee-drinkers were decaf-drinkers. As it turns out, 10% of them are, and U.S. consumers spent $110 billion on coffee in 2022, according to the National Coffee Association — which meant a huge segment of buyers was being ignored.

However, Crane didn’t just want to bring a caffeine-free cold brew to market: He wanted to create a “caffeine-conscious” cold brew company that would allow consumers to choose their own adventure. So that’s what he did. In 2021, Explorer Cold Brew launched with a direct-to-consumer (DTC) model, taking advantage of the low barrier to entry, first on its website and then on Amazon.

Image Credit: Courtesy of Explorer Cold Brew

“It became clear to me that the ground was shifting beneath our feet with respect to ecommerce.”

But the ecommerce landscape was already changing, Crane recalls. “It became clear to me that the ground was shifting beneath our feet with respect to ecommerce,” he explains, “and that this business model that had grown quickly over the prior five years or so was potentially headed in a negative direction.”

Crane knew that it was time to think outside of the box — a lesson that’s just as important in business as it is in mountaineering, he says. He knew Explorer Cold Brew had to diversify its customer base, and he was willing to make some personal sacrifices for it. So when he received an Instagram DM from a casting agent with an invitation to appear on USA Network’s reality show Race to Survive Alaska, he reluctantly entertained an idea he would have dismissed under other circumstances.

The show required teams of two; his sister Bella would be his partner. “To be clear, my sister works in finance. I own a coffee company,” Crane says. “At the time, [I’d climbed Everest] 10 years ago. Also, when you’re climbing Everest, you’re not making fire. You’re not scavenging for food. So, yes, I have done things in the outdoors; I’m a very accomplished mountaineer, but that does not make me a survivalist. I want to clarify that because sometimes people forget that distinction.”

Related: 10 Simple Steps to Build an Exceptional and Efficient Team

“Thank god I watched a couple YouTube videos on how to make fire.”

Despite his hesitation, they submitted their application, and six months later, he and his sister were invited to Washington state for a final assessment. “Thank god I watched a couple of YouTube videos on how to make fire,” Crane says. “I practiced on the balcony of my Brooklyn apartment, which I think almost burnt the building down, but thankfully, it did not. I tried to practice in the bathtub and stained the bathtub.” The duo gave it their best shot, and two months later, they received a contract and tickets for a flight to Alaska departing in 48 hours.

Crane didn’t go into the experience with many details, and based on his knowledge of other adventure shows like Survivor, he figured that they’d be out there for a week or two at most. But the brother-sister duo would race to survive for two months, during which time Crane often repped the company with a brand-emblazoned hat — and didn’t have any contact with the Explorer Cold Brew team.

“I was in the Alaskan wilderness, literally starving and racing to survive,” Crane recalls. “It’s half like an adventure race — think Amazing Race, wilderness, map and compass — and then half Naked and Afraid.”

After two months in the wilderness, Crane and his sister would wind up taking third place in the competition.

Image Credit: Courtesy of Explorer Cold Brew

Related: 10 TV Shows Every Entrepreneur Should Watch on Netflix

“[It’s so important to] find people who have your back and that you can work with.”

Entrepreneurship, like climbing, isn’t a solo sport, Crane says, and while he was away from the business, his team stepped up, sustaining operations and ultimately making it possible for the brand to lean into grocery distribution. “In mountaineering, [an effective team] is literally life or death,” Crane says. “And in business, it might not be life or death per se, but it’s the life or death of the business. [It’s so important to] find people who have your back and that you can work with.”

The experience on Race to Survive Alaska was “much more real and dangerous” than he expected, Crane says, and unfortunately, when the show aired one year later, with 600,000 viewers tuning in every Monday night, the impact on brand awareness for Explorer Cold Brew was all but nonexistent. Even Crane’s personal Instagram follower count remained relatively unchanged, he says. “At first, this was a huge bummer,” Crane admits, “because it was one of the most miserable things I’ve ever done. Certainly, other than starting my own business, [it was] the hardest thing I’ve done, way harder than Everest.”

But things would turn around. About a month after the show aired, Crane attended a grocery trade show where multiple buyers approached him, recognizing him from Race to Survive Alaska. As it so happened, the demographic that watched the show just wasn’t as active on Instagram; he’d thought going on TV would help boost the brand’s DTC and social footprints, but it ended up translating into distribution deals. Now, Explorer Cold Brew is in more than 1,000 stores, has done more than $5 million in sales and has an 81% annual growth rate.

“Even if something doesn’t work in the way you expected or anticipated, that doesn’t mean that it was a mistake,” Crane says. “Say that [the grocery distribution didn’t work out]. While I might have been tempted to view going on this show as a failure, I don’t think that’s a healthy mindset. I think it’s this reminder that you have to go for things. If everything you go for is a sure thing, you’re not going for enough things.”

Related: You Have to Take Risks to Succeed. Here Are 4 Risk-Taking Benefits in Entrepreneurship.

“More often than not, it’s actually a reflection of what else they might have going on.”

Crane’s journey as a mountaineer and entrepreneur has also taught him to try to never give up on people, be that a stranger you cross paths with or a customer. He details one pertinent anecdote as an example: At 19, when he was climbing Denali with his Pride flag, a group of veterans harassed him for being gay. Later on, when he was approached by a different group of veterans on another climb, Crane feared they might have a similar response. But that second group of veterans was very supportive, even taking a photo of the flag to send back to LGBTQ+ veterans and folks in the armed forces, Crane says.

“More often than not, it’s actually a reflection of what else they might have going on or their pre-existing biases or history that they’re dealing with,” Crane adds. “And [it’s important] to accept that for the sake of your own mental health, but also to try to never give up on somebody.”

On the business side, Crane, who continues to interact with customers regularly, has encountered angry buyers on occasion, and he’s discovered a tactic to defuse the situation — one with a 100% success rate: Make the person feel heard. “Nobody is too far gone,” Crane explains. “They just care; they wanted to love it. It’s obviously a slightly different context, but not giving up on that person — certainly not ignoring them, actually reaching out to them, trying to understand what their pain point was and taking a step to fix it. People want to be heard. They want to have a good experience.”

Related: How to Identify the Pain Points That Make Customers Decide What They’re Going to Buy

“Then there are the things you do to keep yourself excited to get out of bed every morning.”

Crane wasn’t afraid to lean into what makes him special while scaling the Seven Summits, and he does the same in business, encouraging entrepreneurs to adopt a similar approach — to embrace what sets your brand apart. It’s Pride Month, Crane notes, and Explorer Cold Brew is a proudly LGBTQ-operated business. The company is certified by the National LGBT Chamber of Commerce (NGLCC) and partners exclusively with queer organizations and artists, including singer-songwriter and actor Troye Sivan, comedian Matt Rogers and gender-inclusive cycling team Bad Pony Racing. Over the years, Crane has also raised more than $200,000 for the Trevor Project, the leading suicide prevention and crisis intervention nonprofit organization for LGBTQ+ young people.

Related: The LGBTQ+ Community Has $3.7 Trillion In Purchasing Power; Here’s How We Want You to Sell to Us.

Crane acknowledges that not every customer will support Explorer Cold Brew because of its partnerships, but he’s committed to running a business that reflects his values. “It certainly helps keep me going every day,” Crane says. “There are things that you do as a business owner to position your business for financial success, and then there are the things you do to keep yourself excited to get out of bed every morning. And I think it’s important as a business owner to do both.”



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Train for Microsoft Tech Certification —  Through the End of May

Train for Microsoft Tech Certification — $70 Through the End of May


Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

Microsoft has many of the most-used software programs and pieces of technology in the world. As a business that either uses or considers using Microsoft technology, having the knowledge of a certified specialist can go a long way in terms of saving you when hiring and better corresponding with contractors who are there to help you out.

During a special Memorial Day sale that runs through 11:59 p.m. PT on May 31, you can get The Complete 2024 Microsoft Tech Certification Training Super Bundle on sale for $69.97 (reg. $429). Featuring 11 courses and nearly 250 hours of content, this comprehensive bundle could help you prepare to take an actual Microsoft certification exam to become a recommended pro.

Among its many great courses, this bundle features Managing Modern Desktops, which has 24 lessons. You can learn to identify scenarios based on whether they are on-premise or cloud-based. It will show you how to deploy and migrate desktops to Windows 10 and newer operating systems, too. This course has an average rating of 4.45/5 stars.

Another popular course in this bundle, Managing Microsoft Teams, is a great resource for any business leader who uses this powerful communications tool. The 93-lesson course features breakdowns on how to deploy and manage Teams. It also comes with breakdowns on managing and troubleshooting problems, all helping it earn an average rating of 4.59/5 stars among students.

Remember that through 11:59 p.m. PT on May 31, you can get this The Complete 2024 Microsoft Tech Certification Training Super Bundle for $69.97 (reg. $429).

StackSocial prices subject to change.



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The Ultimate Guide to Creating and Selling Online Courses and eBooks

The Ultimate Guide to Creating and Selling Online Courses and eBooks


Opinions expressed by Entrepreneur contributors are their own.

From online courses to eBooks, digital products have become a popular and lucrative avenue for entrepreneurs seeking to share their expertise and generate income. The growing trend of online learning and digital reading has revolutionized how knowledge is disseminated and consumed, creating a vibrant ecosystem where anyone with valuable insights can reach a global audience.

With relatively low startup costs and the potential for high profit margins, creating and selling digital products like online courses and eBooks can be a highly rewarding venture. Online courses have seen exponential growth, fueled by the increasing demand for flexible, accessible and cost-effective education.

For entrepreneurs, leveraging digital products is not just about income generation. It’s about personal growth, professional development and creating a lasting impact. By sharing knowledge and insights through online courses and eBooks, entrepreneurs can position themselves as thought leaders in their industries, attract a dedicated following and open up new avenues for growth and collaboration.

If you’re interested in spreading your knowledge and entrepreneurial expertise, follow this guide to create your own digital products to sell online.

Related: 7 Tips for Making 7 Figures Selling Online Courses

How to monetize your expertise — step-by-step guide

Turn what you know into serious dough.

1. Identify your niche and expertise

Begin by assessing your skills and knowledge areas. Reflect on your professional background, personal interests and any specialized training or education you possess. Consider what topics you are passionate about and can speak on with authority. Create a list of subjects where you have substantial knowledge and experience, as these will form the foundation of your digital products.

Once you’ve identified potential topics, conduct market research to uncover the demand for your chosen niche. Start by seeing what courses and eBooks are already available in your area of expertise. Pay attention to the popularity of these offerings, looking at factors such as the number of enrollments, reviews and ratings.

You can use keyword research tools to analyze search volumes and trends related to your topics. This will tell you what people are searching for and how saturated the market is. By understanding what people are looking for and where there are gaps in the market, you can tailor your content to meet specific demands.

2. Create online courses

Creating a successful online course involves several key steps, from planning the structure and content to choosing the right format and selecting the best tools and platforms for hosting your course.

Plan the course structure and content

  • Define your learning objectives: Start by clearly defining what you want people to achieve by the end of the course. These objectives will guide the course content and structure.

  • Outline your course: Create a detailed outline that breaks down the course into lessons and subtopics. This will help you organize your content logically and ensure comprehensive coverage of the subject.

  • Create content: Make sure you create content that is not only informative but also engaging. To illustrate your points and make the material relatable, use tactics like storytelling and elements like real-world examples and case studies.

Choose the right format

How you format your course plays a crucial role in how effectively the material is delivered and absorbed by students. Consider the following formats:

  • Video: We all know how engaging video content can be. Use high-quality recordings, clear visuals and a personable teaching style to keep registrants engaged.

  • Text-based content: Complement your videos with written content such as PDFs, articles and transcripts. This provides additional reference material and caters to different learning preferences.

  • Interactive elements: Incorporate interactive elements like discussion forums and live Q&A sessions.

Tools and platforms to create and host courses

Here are some popular tools and platforms to choose from when you’re ready to publish your course:

  • Teachable: With Teachable, you can create and market your online courses. Its simple interface, customizable templates and robust marketing tools make publishing your courses a breeze.

  • Udemy: Udemy is a well-known marketplace for online courses. It provides access to a large audience, course creation tools and promotional support, making it a great option for reaching a broad student base.

  • Podia: Podia is another versatile platform that supports online courses, digital downloads, memberships and webinars. It’s known for its simplicity and user-friendly design.

Related: 3 Steps to Writing and Promoting an eBook

3. Write and publish eBooks

Creating and selling eBooks is another powerful way to share your knowledge and generate income.

Plan and outline your eBook

  • Choose a compelling topic and title: Craft a compelling title that grabs attention and clearly conveys the value of the eBook. A strong title can significantly impact your eBook’s visibility and sales.

  • Create a detailed outline: Start with a high-level outline that includes the main sections or chapters of your eBook. Break down each section into subtopics and key points.

Research and content creation

  • Research: Gather information from credible sources to support your content. Ensure your content is not only accurate but current and backed up to build credibility and trust with your readers.

  • Write engaging and valuable content: Start writing based on your outline, ensuring each section is comprehensive and clear. Actionable insights are key, so make sure your eBook is infused with them and offers practical advice.

Design and formatting tips

  • Focus on readability and visual appeal: To make your eBook easy to read, use a clean, professional layout with plenty of white space. Break up long paragraphs, and use headings and bullet points to enhance readability.

  • Incorporate visual elements: Add images, charts, graphs and infographics that complement your text and provide visual interest. Visual elements can help explain complex ideas and make your content more engaging.

Cover design, layout and visual appeal

  • Design an eye-catching cover: The cover of your eBook is the first thing potential readers will see, so make it visually appealing. If possible, hire a professional designer or use design tools to create a high-quality cover.

  • Create a professional layout: Format your eBook consistently throughout, using the same fonts, margins and spacing. Ensure that chapters and sections are clearly defined.

Platforms for publishing and distribution

  • Amazon Kindle Direct Publishing (KDP): Amazon KDP is a popular platform for self-publishing eBooks. It offers a wide reach, easy-to-use tools and various promotional options. You can publish your eBook as a Kindle book and make it available on the Amazon marketplace.

  • Apple Books: Apple Books is another major platform for eBook distribution. It allows you to reach millions of readers with iOS devices. The platform supports rich media and interactive features, which can enhance your eBook’s appeal.

  • Kobo Writing Life: Kobo Writing Life allows you to publish and distribute your eBook to a global audience. The platform offers flexible pricing, promotional opportunities and access to detailed sales analytics.

4. Market your digital products

Successfully marketing your online courses and eBooks is essential for sales and gaining a wider reach.

Social media engagement

Consistently post updates about your digital products, including behind-the-scenes looks at the creation process, snippets of content and customer testimonials. Use a mix of posts, stories and live videos to keep your audience engaged.

Content marketing

Create high-quality content, including blog posts, articles, videos and podcasts. This content should provide valuable information and insights, showcasing your niche.

Optimize your content for SEO to drive organic traffic to your website. Use keywords related to your digital products and niche, and include internal and external links to boost your search engine rankings.

Email marketing

Use email marketing platforms like Benchmark Email to manage your list, send targeted campaigns and regularly send newsletters with updates, tips and exclusive offers related to your digital products.

Influencer marketing

Partner with influencers in your niche who have a strong following and credibility. This allows you to tap into their audience and expand your reach. Join forces by collaborating on guest blog posts, joint webinars or social media shout-outs.

Provide influencers with free access to your digital products so they can review and endorse them authentically. Their endorsement can significantly boost your product’s visibility and credibility.

Paid advertising

Use paid advertising to target specific demographics, interests and behaviors relevant to your niche. Create engaging ad creatives that highlight the benefits of your digital products and include a clear call to action.

Utilize Google Ads to reach people who are actively searching for topics related to your digital products. Use keyword research to identify high-intent search terms and create targeted ad campaigns.

Related: 4 Tips for Creating a Digital Product That Can Make You a Tidy Profit

Creating and selling digital products like online courses and eBooks offers entrepreneurs an incredible opportunity to monetize their expertise, reach a global audience and establish themselves as thought leaders in their field. Embrace the potential of digital products, and start sharing your insights with the world — your entrepreneurial success is just a course or eBook away.



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Build Your Vocabulary with This  App

Build Your Vocabulary with This $10 App


Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

Your vocabulary is an important asset. Every time you meet someone, one of the best ways to make a strong first impression is to showcase a strong vocabulary. It’s a simple demonstration of education and competency, and it can make a huge difference for entrepreneurs meeting potential clients. Your vocabulary can be linked to success, status, and income, and if you want to improve it, Wordela Vocabulary Builder can help.

This intuitive app offers daily vocabulary lessons that you can dive into with just 10 minutes each day. Developed by experts, Wordela leverages advanced technology to help you improve your vocabulary, including an AI-driven spelling and vocabulary training system that generates detailed daily lessons.

You can learn in several ways. Choose your words and create smart flashcards to quiz yourself. Create curated lists from standards-aligned K12 standardized test lists, business communication terms, and more. You can also simply copy and paste words you want to better understand into Wordela and have a practice plan developed for you.

However you want to enhance your vocabulary, Wordela will work with you to develop a learning plan that will make your new vocabulary really stick.

This app was a TopTenReviews Gold Award Winner, and the reviewer wrote, “Works well for students studying for tests, adults looking to improve their comprehension and those who are learning the English language.” My Speed Reading also writes, “Provides scientifically proven approaches to learning new words. Effective learning through immersion using lists, exercises, games, and progress tracking is asserted.”

Learn new words and gain confidence in your vocabulary, no matter the situation.

Right now, you can get a lifetime subscription to Wordela Vocabulary Builder for just $9.99.

StackSocial prices subject to change.



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Generate Custom Songs with This AI Platform and Save 18%

Generate Custom Songs with This AI Platform and Save 18%


Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

Custom music is one of the most powerful branding and advertising tools out there. Unfortunately, most entrepreneurs and business leaders are too busy running from meeting to meeting to spend time composing and creating original tunes. It is also true that most of us lack the skills needed to produce the songs that would best serve our businesses, and that’s why AI is so helpful.

Thanks to a special limited-time deal, this base package for Bring My Song to Life is only $39.99 (reg. $49). This package includes AI-assisted song generation, which can be customized and targeted toward virtually any brand and event.

Once you pick up this deal and redeem it, Bring My Song to Life will be available to produce your song and then send it directly as an MP3 file, which you can then upload to YouTube and your company’s social channels.

Bring My Song to Life’s team is filled with brilliant musicians who complement the AI-powered platform to create ideal songs. In your initial order, you can specify the brand, product, or event for which you’re producing a song. The platform will then craft custom lyrics and a fully produced song for you to use. It should be noted that only the Premium version offers a custom song created by an actual musician.

One recent five-star user wrote, “The song was awesome! It was better than I even thought it was going to be. My husband loved it and cried when he heard it.” To bring that type of musical power to your business, sign up today. You can even check out sample songs on the sales page.

Remember that for a limited time only, this base package deal for Bring My Song to Life is only $39.99 (reg. $49).

StackSocial prices subject to change.



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