I’ve Built 3 Multimillion-Dollar Businesses — and Here’s My Simple Secret to Success

I’ve Built 3 Multimillion-Dollar Businesses — and Here’s My Simple Secret to Success


Opinions expressed by Entrepreneur contributors are their own.

When I started out, the goal was pretty straightforward: Make lots of money. Like most new entrepreneurs, I figured once I’d “made it,” then I’d give back. That part would come later. Success first, impact second.

Looking back, I now realize that mentality was a massive mistake. In fact, I believe it was one of the fundamental reasons it took me years to find any success. I now realize that pushing purpose to the back burner might be the thing that stalls your growth even more than poor marketing.

Everything turned around for me when I stopped “chasing paper” and started asking how I could help. When that shift happened, my business started to thrive in ways I never expected. And the money? It followed, as a side effect. It’s a fact that we all know deep down, but too often forget.

We’re told that giving back is something you earn the right to do once your company is big, your team is built, and your bank account looks a certain way. But the reality is that purpose isn’t a luxury; it’s a growth strategy. This attitude of abundance needs to be something that you embody both internally and externally as well.

Related: How to Balance Profits With Purpose at Your Business

The first focus needs to be on how you approach your day-to-day operations. At BotBuilders, our work centers around AI and automation. But that’s not really what drives us. The deeper mission is helping small business owners believe in what they’re building and giving them tools to actually pull it off.

The more we’ve invested in our clients’ success, the more we’ve seen our own business expand. Not just in revenue, but in reach, loyalty and community. Real relationships have carried us further than any marketing tactic ever could. It’s not something you can track or budget for, but we’ve all experienced how one relationship can lead to exponential growth, on many levels.

The second way to have an impact is how your company shows outside of your core competency. Namely, in your community. How often do you and your team get out and serve those who need it most? Money is great, but there is no comparison to the difference that a smile can make.

One of the biggest culture-shaping moments we’ve ever had started in the most unexpected place: a bowling alley in Arizona. Working with Special Olympics Arizona, we put together the Bowl-A-Thon Bash. The annual event pairs athletes with local business owners for high-fives, gutter balls, and a whole lot of laughter.

At first, it felt like a one-off community event. But after that night, something shifted. It became tradition. And every year we go back it resets something in us. We leave lighter, clearer, and more in tune with what really matters. That one night has done more to anchor our company values than any vision statement ever could.

Don’t get me wrong, money is important. I’m not dismissing that. But if we’re talking about real impact? Giving your time and actually showing up, things just hit different. Over the years, our team has done all kinds of small things that ended up being huge. We’ve served meals at shelters. We’ve planted trees. We’ve hosted holiday parties in retirement homes just to bring some joy to folks who don’t get many visitors.

Related: This CEO Says Prioritizing Purpose Over Profit Is Key to Consistent Growth and Sustainable Profit — Here’s Why.

None of that was fancy. None of it was scalable or “optimized.” But the growth those moments sparked? You could feel it. In how we communicated, how we worked together and how we showed up on Monday mornings. When we work together to do good for others, we are connected on a level much deeper than winning awards or even with traditional team-building activities.

So if you’re leading a team, never forget the fact that your values are contagious. Culture doesn’t come from the posters on your wall or the perks in your handbook. It’s built in the quiet choices. It shows up in how you respond when no one’s watching. It’s shaped by what you say “yes” to, and what you’re willing to let slide. As my angel-of-a-mother always says, “never miss a chance to help someone out.”

When you lead with meaning, people notice. They step up. And the ripple effects extend way beyond your team. So don’t wait for the perfect opportunity. You don’t need a giant audience, a massive checkbook or a five-year plan to make an impact. You just need to care enough to begin. You’ll be amazed by what comes of it on every level of your organization.

Pick something simple. Volunteer for a day, and invite your team into the process. Whatever you do, it doesn’t have to be perfect; it just has to be real. Because when your business stands for something more, people stand with you. And that is when things really start to grow.

When I started out, the goal was pretty straightforward: Make lots of money. Like most new entrepreneurs, I figured once I’d “made it,” then I’d give back. That part would come later. Success first, impact second.

Looking back, I now realize that mentality was a massive mistake. In fact, I believe it was one of the fundamental reasons it took me years to find any success. I now realize that pushing purpose to the back burner might be the thing that stalls your growth even more than poor marketing.

Everything turned around for me when I stopped “chasing paper” and started asking how I could help. When that shift happened, my business started to thrive in ways I never expected. And the money? It followed, as a side effect. It’s a fact that we all know deep down, but too often forget.

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Scan, Sign, and Manage Your Documents Right From Your Phone

Scan, Sign, and Manage Your Documents Right From Your Phone


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.

If your business or work depends on documents, you need a scanner that can do more than just snap a photo. iScanner is a top-rated scanning and document management app that brings professional-level tools right to your phone or tablet — with no ads, no recurring fees, and a focus on secure, high-quality output. Score lifetime access to iScanner for the price of $24.99 until September 7 by entering promo code SCAN at checkout (MSRP $199.90).

With support for iOS and Android, iScanner lets you digitize everything from contracts and receipts to handwritten notes and math equations. Use it to scan documents, export to PDF, Word, Excel, JPG, or even TXT, and automatically straighten, crop, and clean up pages with AI. It also offers full OCR support (Optical Character Recognition) in 20+ languages so you can extract and edit text from scanned documents with ease.

But iScanner doesn’t stop there. You can sign forms, redact sensitive info, add watermarks, number pages, protect folders with a PIN, and even merge or split documents on the fly. Advanced scan modes let you handle IDs, passports, math problems, measurements, object counts, and QR codes. Plus, its intuitive file manager keeps everything organized with drag-and-drop, folders, and 200MB of included secure cloud storage.

For freelancers, remote teams, and small businesses, this is a pro tool built for real-world document workflows on your iPhone, iPad, or Android.

New users can get a lifetime subscription to the iScanner App for just $24.99 with code SCAN until September 7.

StackSocial prices subject to change.

If your business or work depends on documents, you need a scanner that can do more than just snap a photo. iScanner is a top-rated scanning and document management app that brings professional-level tools right to your phone or tablet — with no ads, no recurring fees, and a focus on secure, high-quality output. Score lifetime access to iScanner for the price of $24.99 until September 7 by entering promo code SCAN at checkout (MSRP $199.90).

With support for iOS and Android, iScanner lets you digitize everything from contracts and receipts to handwritten notes and math equations. Use it to scan documents, export to PDF, Word, Excel, JPG, or even TXT, and automatically straighten, crop, and clean up pages with AI. It also offers full OCR support (Optical Character Recognition) in 20+ languages so you can extract and edit text from scanned documents with ease.

But iScanner doesn’t stop there. You can sign forms, redact sensitive info, add watermarks, number pages, protect folders with a PIN, and even merge or split documents on the fly. Advanced scan modes let you handle IDs, passports, math problems, measurements, object counts, and QR codes. Plus, its intuitive file manager keeps everything organized with drag-and-drop, folders, and 200MB of included secure cloud storage.

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Use Rosetta Stone to Impress Clients Around the World with Fluent, Natural Speech

Use Rosetta Stone to Impress Clients Around the World with Fluent, Natural Speech


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.

When your career takes you across borders, being able to speak the local language isn’t just helpful — it’s a competitive edge. Rosetta Stone’s immersive language platform has been trusted for 27 years by organizations such as NASA and TripAdvisor, and it’s now available to new users as a lifetime subscription for just $148.97 with code FLUENT until September 7.

With access to 25 languages — including Spanish, Mandarin, French, German, Arabic, and Japanese — you’ll be equipped for nearly any global business opportunity. Rosetta Stone’s intuitive training method mimics how we learned our first language, helping you absorb vocabulary, structure, and pronunciation naturally. The platform’s speech-recognition technology analyzes your accent in real time, offering instant feedback.

Progressive lessons start with practical conversations such as ordering food, giving directions, or talking through a meeting, and advance to more nuanced discussions like negotiating, giving feedback, and navigating cultural topics. Whether you’re prepping for an overseas project, building international client relationships, or managing a global team, this tool is designed to keep you sharp and culturally competent.

This deal is for new users only, and you’ll need to activate it within 30 days of purchase. Once you do, you’ll have lifetime access on desktop and mobile with no monthly fees, and you can switch between languages whenever you want.

Secure your edge in global business with lifetime Rosetta Stone access for $148.97 through September 7 by entering promo code FLUENT at checkout.

StackSocial prices subject to change.

When your career takes you across borders, being able to speak the local language isn’t just helpful — it’s a competitive edge. Rosetta Stone’s immersive language platform has been trusted for 27 years by organizations such as NASA and TripAdvisor, and it’s now available to new users as a lifetime subscription for just $148.97 with code FLUENT until September 7.

With access to 25 languages — including Spanish, Mandarin, French, German, Arabic, and Japanese — you’ll be equipped for nearly any global business opportunity. Rosetta Stone’s intuitive training method mimics how we learned our first language, helping you absorb vocabulary, structure, and pronunciation naturally. The platform’s speech-recognition technology analyzes your accent in real time, offering instant feedback.

Progressive lessons start with practical conversations such as ordering food, giving directions, or talking through a meeting, and advance to more nuanced discussions like negotiating, giving feedback, and navigating cultural topics. Whether you’re prepping for an overseas project, building international client relationships, or managing a global team, this tool is designed to keep you sharp and culturally competent.

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Lessons from Macmillan’s CEO on Leading Through Change Without Losing Your Why

Lessons from Macmillan’s CEO on Leading Through Change Without Losing Your Why


Opinions expressed by Entrepreneur contributors are their own.

As someone who regularly speaks with CEOs about their industries, paths and philosophies, my conversation with Jon Yaged, CEO of Macmillan, stood out. It wasn’t just about books or publishing — it was about values, culture and the role of business leaders in a time of social friction.

What surprised me wasn’t Jon’s passion for literature — that was expected — but how candidly he spoke about the challenges Macmillan faces in a world where books are being banned.

Book banning may sound like a relic, but as Jon explained, it’s a growing issue. Schools and libraries across the country are under pressure to remove books that address race, gender and identity. For Macmillan, one of the “Big Five” U.S. publishers, this isn’t just a sales issue — it’s cultural and political. Jon made it clear: their role isn’t to publish what’s comfortable, but what’s important. And that comes with risk, especially when distributors, schools or local governments push back.

Related: 7 Ways Entrepreneurs Can Sharpen Their Leadership Skills and Drive Business Growth

We also discussed what it means to be a CEO amid cultural pushback. Jon doesn’t take a performative approach. He doesn’t try to be loud or overly polished about Macmillan’s values. Instead, he focuses on listening, standing firm and partnering with those who share their mission. That kind of clarity stood out. Leadership isn’t always about fighting loud battles — sometimes it’s about quietly protecting space for discourse, with conviction.

Our conversation turned to AI and its impact on publishing. Jon’s view was pragmatic: use AI to streamline operations, improve accessibility and support editors — not replace them. He wasn’t overly optimistic or alarmist — he simply saw AI as a tool that needs thoughtful handling. For an industry often seen as traditional, Macmillan appears forward-looking — without losing its editorial soul.

There’s something here for leaders in any industry. Jon is navigating a company at the intersection of culture, politics and innovation. He’s not leading with fear or distraction — he’s leading with clarity. What’s the mission? Who are we serving? Where can we evolve without compromising our principles? Those are questions worth asking, whether you’re in publishing or running a tech startup.

What I took from this interview was a deeper understanding of how leadership and culture intersect. Jon Yaged isn’t trying to make a spectacle of Macmillan’s stance — he’s working to keep the lights on for writers and stories that matter. And in a time when polarization and noise dominate, that quiet resolve made a lasting impression.

As someone who regularly speaks with CEOs about their industries, paths and philosophies, my conversation with Jon Yaged, CEO of Macmillan, stood out. It wasn’t just about books or publishing — it was about values, culture and the role of business leaders in a time of social friction.

What surprised me wasn’t Jon’s passion for literature — that was expected — but how candidly he spoke about the challenges Macmillan faces in a world where books are being banned.

Book banning may sound like a relic, but as Jon explained, it’s a growing issue. Schools and libraries across the country are under pressure to remove books that address race, gender and identity. For Macmillan, one of the “Big Five” U.S. publishers, this isn’t just a sales issue — it’s cultural and political. Jon made it clear: their role isn’t to publish what’s comfortable, but what’s important. And that comes with risk, especially when distributors, schools or local governments push back.

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The New Number 1 AI Agent to Build a Profitable One-Person Business That Runs While You Sleep

The New Number 1 AI Agent to Build a Profitable One-Person Business That Runs While You Sleep


Opinions expressed by Entrepreneur contributors are their own.

Most entrepreneurs are still stuck treating AI like a writing assistant — pumping out blog posts, captions or emails and hoping it moves the needle. But OpenAI’s latest update just changed the game.

This isn’t another “AI tool.” It’s ChatGPT’s new Agent — a fully autonomous virtual worker that can predict trends, reverse-engineer your competitors and even scan your Instagram for untapped revenue hiding in forgotten DMs.

In this video, you’ll see exactly how solopreneurs are using it to run profitable one-person businesses on autopilot — replacing tasks that once took entire teams.

Here’s what you’ll discover:

  • Viral trend prediction: How this Agent spots breakout topics before they hit the mainstream — helping you publish first and ride the wave.
  • Competitor edge: A real-time playbook that reveals where your competitors are weak — and hands you the exact moves to outrank them.
  • Free PR on demand: How the Agent finds podcasts, researches hosts and drafts custom pitches that actually get you booked.
  • Revenue recovery: The hidden sales buried in your inbox and social DMs — and how this Agent brings them back to life.

The bottom line: this isn’t about saving time. It’s about building a business that grows without burning you out — one that works even when you’re not online.

The AI Success Kit is available to download for free, along with a chapter from my new book, The Wolf is at The Door.

Most entrepreneurs are still stuck treating AI like a writing assistant — pumping out blog posts, captions or emails and hoping it moves the needle. But OpenAI’s latest update just changed the game.

This isn’t another “AI tool.” It’s ChatGPT’s new Agent — a fully autonomous virtual worker that can predict trends, reverse-engineer your competitors and even scan your Instagram for untapped revenue hiding in forgotten DMs.

In this video, you’ll see exactly how solopreneurs are using it to run profitable one-person businesses on autopilot — replacing tasks that once took entire teams.

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How to Protect Your Company From Deepfake Fraud

How to Protect Your Company From Deepfake Fraud


Opinions expressed by Entrepreneur contributors are their own.

In 2024, a scammer used deepfake audio and video to impersonate Ferrari CEO Benedetto Vigna and attempted to authorize a wire transfer, reportedly tied to an acquisition. Ferrari never confirmed the amount, which rumors placed in the millions of euros.

The scheme failed when an executive assistant stopped it by asking a security question only the real CEO could answer.

This isn’t sci-fi. Deepfakes have jumped from political misinformation to corporate fraud. Ferrari foiled this one — but other companies haven’t been so lucky.

Executive deepfake attacks are no longer rare outliers. They’re strategic, scalable and surging. If your company hasn’t faced one yet, odds are it’s only a matter of time.

Related: Hackers Targeted a $12 Billion Cybersecurity Company With a Deepfake of Its CEO. Here’s Why Small Details Made It Unsuccessful.

How AI empowers imposters

You need less than three minutes of a CEO’s public video — and under $15 worth of software — to make a convincing deepfake.

With just a short YouTube clip, AI software can recreate a person’s face and voice in real time. No studio. No Hollywood budget. Just a laptop and someone ready to use it.

In Q1  2025, deepfake fraud cost an estimated $200 million globally, according to Resemble AI’s Q1 2025 Deepfake Incident Report. These are not pranks — they’re targeted heists hitting C‑suite wallets.

The biggest liability isn’t technical infrastructure; it’s trust.

Why the C‑suite is a prime target

Executives make easy targets because:

  • They share earnings calls, webinars and LinkedIn videos that feed training data

  • Their words carry weight — teams obey with little pushback

  • They approve big payments fast, often without red flags

In a Deloitte poll from May 2024, 26% of execs said someone had tried a deepfake scam on their financial data in the past year.

Behind the scenes, these attacks often begin with stolen credentials harvested from malware infections. One criminal group develops the malware, another scours leaks for promising targets — company names, exec titles and email patterns.

Multivector engagement follows: text, email, social media chats — building familiarity and trust before a live video or voice deepfake seals the deal. The final stage? A faked order from the top and a wire transfer to nowhere.

Common attack tactics

Voice cloning:

In 2024, the U.S. saw over 845,000 imposter scams, according to data from the Federal Trade Commission. This shows that seconds of audio can make a convincing clone.

Attackers hide by using encrypted chats — WhatsApp or personal phones — to skirt IT controls.

One notable case: In 2021, a UAE bank manager got a call mimicking the regional director’s voice. He wired $35 million to a fraudster.

Live video deepfakes:

AI now enables real-time video impersonation, as nearly happened in the Ferrari case. The attacker created a synthetic video call of CEO Benedetto Vigna that nearly fooled staff.

Staged, multi-channel social engineering:

Attackers often build pretexts over time — fake recruiter emails, LinkedIn chats, calendar invites — before a call.

These tactics echo other scams like counterfeit ads: Criminals duplicate legitimate brand campaigns, then trick users onto fake landing pages to steal data or sell knockoffs. Users blame the real brand, compounding reputational damage.

Multivector trust-building works the same way in executive impersonation: Familiarity opens the door, and AI walks right through it.

Related: The Deepfake Threat is Real. Here Are 3 Ways to Protect Your Business

What if someone deepfakes the C‑suite

Ferrari came close to wiring funds after a live deepfake of their CEO. Only an assistant’s quick challenge about a personal security question stopped it. While no money was lost in this case, the incident raised concerns about how AI-enabled fraud might exploit executive workflows.

Other companies weren’t so lucky. In the UAE case above, a deepfaked phone call and forged documents led to a $35 million loss. Only $400,000 was later traced to U.S. accounts — the rest vanished. Law enforcement never identified the perpetrators.

A 2023 case involved a Beazley-insured company, where a finance director received a deepfaked WhatsApp video of the CEO. Over two weeks, they transferred $6 million to a bogus account in Hong Kong. While insurance helped recover the financial loss, the incident still disrupted operations and exposed critical vulnerabilities.

The shift from passive misinformation to active manipulation changes the game entirely. Deepfake attacks aren’t just threats to reputation or financial survival anymore — they directly undermine trust and operational integrity.

How to protect the C‑suite

  • Audit public executive content.

  • Limit unnecessary executive exposure in video/audio formats.

  • Ask: Does the CFO need to be in every public webinar?

  • Enforce multi-factor verification.

  • Always verify high-risk requests through secondary channels — not just email or video. Avoid putting full trust in any one medium.

  • Adopt AI-powered detection tools.

  • Use tools that fight fire with fire by leveraging AI features for AI-generated fake content detection:

    • Photo analysis: Detects AI-generated images by spotting facial irregularities, lighting issues or visual inconsistencies

    • Video analysis: Flags deepfakes by examining unnatural movements, frame glitches and facial syncing errors

    • Voice analysis: Identifies synthetic speech by analyzing tone, cadence and voice pattern mismatches

    • Ad monitoring: Detects deepfake ads featuring AI-generated executive likenesses, fake endorsements or manipulated video/audio clips

    • Impersonation detection: Spots deepfakes by identifying mismatched voice, face or behavior patterns used to mimic real people

    • Fake support line detection: Identifies fraudulent customer service channels — including cloned phone numbers, spoofed websites or AI-run chatbots designed to impersonate real brands

But beware: Criminals use AI too and often move faster. At the moment, criminals are using more advanced AI in their attacks than we are using in our defense systems.

Strategies that are all about preventative technology are likely to fail — attackers will always find ways in. Thorough personnel training is just as crucial as technology is to catch deepfakes and social engineering and to thwart attacks.

Train with realistic simulations:

Use simulated phishing and deepfake drills to test your team. For example, some security platforms now simulate deepfake-based attacks to train employees and flag vulnerabilities to AI-generated content.

Just as we train AI using the best data, the same applies to humans: Gather realistic samples, simulate real deepfake attacks and measure responses.

Develop an incident response playbook:

Create an incident response plan with clear roles and escalation steps. Test it regularly — don’t wait until you need it. Data leaks and AI-powered attacks can’t be fully prevented. But with the right tools and training, you can stop impersonation before it becomes infiltration.

Related: Jack Dorsey Says It Will Soon Be ‘Impossible to Tell’ if Deepfakes Are Real: ‘Like You’re in a Simulation’

Trust is the new attack vector

Deepfake fraud isn’t just clever code; it hits where it hurts — your trust.

When an attacker mimics the CEO’s face or voice, they don’t just wear a mask. They seize the very authority that keeps your company running. In an age where voice and video can be forged in seconds, trust must be earned — and verified — every time.

Don’t just upgrade your firewalls and test your systems. Train your people. Review your public-facing content. A trusted voice can still be a threat — pause and confirm.



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30-Year-Old Billionaire Says She’s Frugal, Shops Uber Deals

30-Year-Old Billionaire Says She’s Frugal, Shops Uber Deals


Lucy Guo, 30, saw her net worth reach $1.3 billion in April. But the entrepreneur, who is now the world’s youngest female billionaire, is committed to finding the best deals — even if she can afford to pay full price.

Guo told CNBC on Wednesday that she remains “frugal,” admitting that she has done things like reserve flights at the airport and cancel them later so she could have a meal for free in the Amex lounge. She also rides UberX, the budget-friendly, low-cost version of Uber, and compares prices for food before buying something to eat. Her closet consists mainly of $10 pieces from stores like Shein.

“I’m frugal at some things, and I spend more on other things,” Guo told CNBC.

Lucy Guo. Photo by Gonzalo Marroquin/Getty Images for Passes

Guo’s fortune was built via Scale AI, the AI data labeling startup she co-founded with Alexandr Wang in 2016. Meta made a $14.3 billion investment in Scale AI in June, acquiring 49% of the startup and allowing the company to achieve a $29 billion valuation.

Related: These Are the AI Skills You Should Learn Right Now, According to the World’s Youngest Self-Made Billionaire

Though Guo left Scale AI in 2018, she has held onto a nearly 5% stake in the company, which has grown to be worth $1.25 billion. Despite her billionaire status, Guo says that her life has remained the same.

“My life pre-money and post-money, it hasn’t really changed that much,” Guo told CNBC Make It earlier this month.

While Guo may be frugal when it comes to her closet, her food, and her rides to work, she still has the means to spend lavishly in key areas without thinking about the cost.

For example, when it comes to homes, Guo bought a newly constructed mansion in L.A.’s Hollywood Hills for $29.5 million earlier this year. She got it at a discount: The 5-bedroom, 13,500-square-foot mansion was first listed for $43 million in January 2024.

Related: Sam Altman’s Mansion Was Once the Most Expensive Home Listing in San Francisco. A New Lawsuit Says It’s a ‘Lemon.’

Guo is also the owner of a $6.7 million condo in Florida, which she purchased in 2021, as well as another L.A. home, which she bought for $4.2 million last year.

Guo additionally owns a Ferrari in a vintage rose color, which she admits was a “splurge.” A Ferrari can cost upwards of $230,950. When it comes to transportation, she also sometimes flies via private jet to skip the lines at the airport.

Guo is a college dropout who studied computer science and human-computer interactions for two years at Carnegie Mellon University, per her LinkedIn. She left to pursue a Thiel Fellowship, which rewards young entrepreneurs for following non-traditional paths and choosing to build a business over going to college. Thiel Fellows receive a $200,000 grant and access to a network of founders to grow their companies.

Related: ‘We Don’t Believe in Work-Life Balance’: A Newly Acquired Startup Just Offered Its 200-Person Team a Choice — Work Weekends or Take a Buyout

Guo still puts in long hours at her startup, the creator commerce and monetization platform Passes, which she founded in 2022. Passes has raised a total of $66 million across three funding rounds. She says that the normal working day for her stretches twelve hours, from 9 a.m. to 9 p.m.

“9 a.m. to 9 p.m., to me, that’s still work-life balance,” Guo told CNBC.

Lucy Guo, 30, saw her net worth reach $1.3 billion in April. But the entrepreneur, who is now the world’s youngest female billionaire, is committed to finding the best deals — even if she can afford to pay full price.

Guo told CNBC on Wednesday that she remains “frugal,” admitting that she has done things like reserve flights at the airport and cancel them later so she could have a meal for free in the Amex lounge. She also rides UberX, the budget-friendly, low-cost version of Uber, and compares prices for food before buying something to eat. Her closet consists mainly of $10 pieces from stores like Shein.

“I’m frugal at some things, and I spend more on other things,” Guo told CNBC.

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I Stopped Doing These 3 Things Myself — and It Made My Business More Profitable

I Stopped Doing These 3 Things Myself — and It Made My Business More Profitable


Opinions expressed by Entrepreneur contributors are their own.

In the early days of any business, most founders wear too many hats. You’re the product lead, marketer, customer service rep and ops manager — sometimes all in the same afternoon.

I’ve been there. When I was launching my first AI startup, I was writing code, answering support tickets, hacking on SEO and trying to figure out Google Ads at night. Every time I jumped from one thing to another, I paid a tax: ramp-up time, mental fatigue, missed details.

Eventually, I drew a line: if a function had a steep learning curve, wasn’t core to the product or customer experience, and could burn cash fast if I got it wrong, it had to go.

Here are the first three things I outsourced — what worked, what didn’t and how I make the decision now.

Related: How to Turn Big Business Moments Into Lasting Brand Momentum

1. Google Ads had to go first

I took a real swing at it. I set up campaigns, followed Google’s recommendations and even tried Performance Max. One day it would “work,” the next day I’d spend $90 to make a $24 sale.

Whether you’re running a SaaS tool, an ecommerce store, or a local service business, paid ads can become a black hole. The learning curve is steep, the platform is opaque by design and Google is always nudging you to spend more so the algorithm can “learn.”

I hired a specialist. Instantly, I stopped burning time trying to reverse engineer bidding strategies and keyword intent. I could focus on the roadmap, customers and the parts of marketing I actually understood. Worth every dollar.

My advice: Try it briefly so you understand the vocabulary and the levers. Then get out. Your money will disappear faster than your learning compounds.

2. Social media was next — and it blew up (in a bad way)

I outsourced content and channel management to someone who promised to “crush it.” I gave full access to my accounts. It devolved into drama, threats and low-quality work. I shut it down.

The lesson? Never give full control of a distribution channel to someone you don’t know, and never confuse enthusiasm with competence. Social media can be valuable for any business building in public — but only if it’s handled by someone you trust and can hold accountable.

Next time: I’ll only outsource to someone vetted by people I trust, with scoped access, clear deliverables and a kill switch.

3. PR was the third — and it worked

I’d watched competitors outrank me and land strong stories. I tried the DIY route (like HARO), but the ROI wasn’t there. So I brought in someone who could own the process — strategy, pitching, follow-through — and translate my product into narratives reporters actually want.

That freed me to focus on what I do best while the media engine ran in parallel. For businesses in crowded markets or emerging categories, this kind of PR support can be game-changing.

How I decide what to outsource now

I use a simple filter:

  • Is this core to the product or user experience? If yes, I keep it.
  • Is the learning curve steep enough that I’ll waste weeks for marginal improvement? If yes, I outsource.
  • Could a mistake here be disproportionately expensive? (Ads and legal are great examples.) Outsource.
  • Do I understand it well enough to evaluate the work? If not, I’ll do a quick self-guided crash course, then bring someone in.
  • Can I structure a small, low-risk test? If yes, I do that before any retainer.

Handling the handoff while staying lean

I started with literal paper notes, then the Mac Notes app. Today, I still keep it simple: Trello boards when needed, email for most communication, and regular short check-ins. The point is clarity, not tooling.

One clear metric, one owner, one cadence.

Access-wise: role-based logins, password manager and instant revocation baked into the plan. That social media experience burned this into my process.

Related: How to Actually Get Returns in Your Marketing Efforts

About that “it’s faster if I do it myself” line…

It isn’t. It just feels faster because you don’t have to explain anything. In reality, you’re trading days of deep work for weeks of shallow thrash.

Do enough to understand it. Then move it off your plate — so you can focus on what only you can do.

You can’t do it all — not for long and not well. Start by outsourcing the work that burns cash when done poorly, has a steep learning curve, or pulls you furthest from the product or customer. Keep control of your infrastructure, build small, reversible contracts and measure everything.

The cost of trying to be superhuman is higher than the cost of a good specialist.

In the early days of any business, most founders wear too many hats. You’re the product lead, marketer, customer service rep and ops manager — sometimes all in the same afternoon.

I’ve been there. When I was launching my first AI startup, I was writing code, answering support tickets, hacking on SEO and trying to figure out Google Ads at night. Every time I jumped from one thing to another, I paid a tax: ramp-up time, mental fatigue, missed details.

Eventually, I drew a line: if a function had a steep learning curve, wasn’t core to the product or customer experience, and could burn cash fast if I got it wrong, it had to go.

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Nvidia CEO: Some Jobs Will Disappear As AI Advances

Nvidia CEO: Some Jobs Will Disappear As AI Advances


Nvidia, the world’s most valuable company with a market capitalization of $4.39 trillion at the time of writing, beat revenue expectations for its fiscal second quarter, reporting sales of $46.74 billion on Wednesday after market close.

Nvidia posted that data center revenue was up 56% from a year prior, reaching $41.1 billion.

The company’s longtime CEO, Jensen Huang, told Fox Business Network’s The Claman Countdown on Thursday that AI, which Nvidia is advancing, would cause “some jobs” to disappear but result in new jobs becoming “invented.”

Related: Nvidia Pulls Ahead of Apple and Microsoft to Become the World’s First $4 Trillion Public Company

“One thing for sure, every job will be changed as a result of AI,” Huang said.

Nvidia CEO Jensen Huang. Photo by Wan Quan/VCG via Getty Images

Huang also told Fox Business that he expects the economy to be doing “very well” in the future due to AI and automation, and stated that the quality of life for humanity would improve.

Huang’s remarks add to what he said last month on an episode of The All-In Podcast. On the podcast, Huang stated that the “one thing we know for certain” is that people who use AI will replace those who don’t. He predicted that AI use will lead to more millionaires in the next five years than the Internet produced in two decades.

Related: How Nvidia CEO Jensen Huang Transformed a Graphics Card Company Into an AI Giant: ‘One of the Most Remarkable Business Pivots in History’

Huang also called AI the “greatest technology equalizer of all time” because it allows anyone to program by simply using plain English prompts (a practice known as “vibe coding,” which even Google CEO Sundar Pichai has dabbled in).

“AI in my case is creating jobs,” Huang said on the podcast, adding that the technology enables people to “create things that other people would like to buy.”

AI allows creative people to act on their ideas by providing technical services. In turn, it enables technical people to use it for creative endeavors, Huang pointed out.

Nvidia held 92% of the market share for AI chips in the first quarter of the year. Its chips power ChatGPT, an AI chatbot with more than 700 million weekly users as of this month, up from 500 million users in March.

Related: Nvidia’s CEO Jensen Huang Says He’s ‘Created More Billionaires’ Than Anyone Else — Adding Two More This Week

Nvidia’s stock was up over 30% year-to-date at the time of writing.

Nvidia, the world’s most valuable company with a market capitalization of $4.39 trillion at the time of writing, beat revenue expectations for its fiscal second quarter, reporting sales of $46.74 billion on Wednesday after market close.

Nvidia posted that data center revenue was up 56% from a year prior, reaching $41.1 billion.

The company’s longtime CEO, Jensen Huang, told Fox Business Network’s The Claman Countdown on Thursday that AI, which Nvidia is advancing, would cause “some jobs” to disappear but result in new jobs becoming “invented.”

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Why Most Entrepreneurs Are Approaching YouTube the Wrong Way

Why Most Entrepreneurs Are Approaching YouTube the Wrong Way


Opinions expressed by Entrepreneur contributors are their own.

Most entrepreneurs are getting YouTube completely wrong. They’re copying entertainment creators, chasing viral moments and treating their channel like a content graveyard instead of the powerful authority-building platform it actually is.

Here’s what they’re missing: YouTube now captures over 12% of total television viewing time, which is more than Netflix, Disney or any major network. When you upload a video, you’re not competing against other YouTubers. You’re competing against prime-time television.

This changes everything about how you should approach the platform.

Related: Turn YouTube Into a Business Growth Engine With These Easy Tactics

Why traditional YouTube advice doesn’t work for entrepreneurs

Most creators obsess over “beating the algorithm,” but here’s the truth: The algorithm isn’t your audience — it’s a mirror of your audience. YouTube’s AI simply predicts human behavior based on how real people interact with your content. When viewers click your videos, watch them completely and immediately watch another one, the algorithm notices. It’s pattern recognition, not magic.

Stop trying to hack the system. Start understanding your audience so deeply that the algorithm has no choice but to promote your content.

When growth stagnates, most entrepreneurs default to posting more frequently. This is backwards thinking. I’ve seen channels grow faster by reducing from daily uploads to once per week because they stopped treating YouTube like a hamster wheel and started treating it like a strategic media platform.

The real issue isn’t posting frequency; it’s resource allocation. When you’re rushing to meet arbitrary deadlines, you can’t invest the time needed for strategic thinking and quality execution.

How YouTube actually works in 2025

YouTube operates on a simple two-step psychology: someone sees your content, decides to click, then chooses whether to keep watching. But there’s now a third element to consider, where autoplay previews let viewers “sample” your content before committing to the full click.

This mirrors how our brains make decisions. We constantly evaluate whether something is worth our attention, and YouTube has evolved to support this natural decision-making process.

The platform also tracks “valued watch time,” not just how long someone watches, but how satisfied they felt with the experience. YouTube runs daily surveys asking millions of users whether videos were worth their time, and this data directly influences which content gets broader distribution.

Related: Ready to Get Off the Social Media Hamster Wheel? Discover the Platform That Actually Boosts Your Discoverability

The 3 strategies that actually build authority

1. Master the ideation process

Most creators spend 90% of their time editing and 10% on ideas. Successful entrepreneurs flip this ratio entirely. The idea sets the bar for every video’s potential. Even a perfect execution of a weak concept will always underperform a strong idea with average execution.

Use what I call the Creative Faucet Method: When you first turn on a faucet, dirty water comes out. But if you let it run, clear water eventually flows. Your brain works the same way.

Set aside time each week to generate 30-50 raw video ideas using this breakdown:

  • 40% market research (analyze what’s working in your space)

  • 40% audience mining (scan comments and customer feedback for pain points)

  • 20% innovation (experiment with unexpected angles)

From those concepts, 3-5 genuinely compelling ideas will emerge.

2. Perfect your packaging

Your title and thumbnail aren’t just about getting clicks; they’re your first credibility test. Every element should signal authority and expertise while creating enough curiosity to stop the scroll.

Effective title frameworks for entrepreneurs:

  • The Contradiction: “Why I Don’t Use Email Marketing (Despite $10M in Revenue)”

  • The Insider Secret: “The Sales Tactic 99% of Entrepreneurs Get Wrong”

  • The Time Constraint: “Building a $1M Business in 18 Months: What I Learned”

Limit yourself to three elements maximum: your face showing confidence or expertise, clear text that reinforces the title and one visual element that represents the outcome or result.

With autoplay previews now showing 1-2 seconds of your video without sound, your opening moments have become part of your packaging strategy. Start with movement, compelling facial expressions or visual elements that immediately validate why someone clicked.

3. Focus on metrics that predict success

Ignore vanity metrics like subscriber count. Focus on three numbers that actually matter:

  • First 24-hour click-through rate: This predicts long-term performance better than any other metric. YouTube gives new videos an algorithmic boost during their first day, primarily showing them to your core audience. Strong early performance signals broader distribution potential.

  • Retention stability: Look for where your audience retention graph stabilizes after the initial drop-off. This shows you’re delivering on your promise and maintaining interest.

  • Catalog performance: 40-60% of your views should come from videos older than six months. This indicates you’re creating evergreen content with lasting value, not just riding temporary trends.

Your starting point

Don’t try to implement everything at once. Pick one area and master it:

Week 1-2: Fix your ideas. Spend one hour every Sunday generating video concepts. Use customer emails, competitor analysis, and industry forums to find recurring questions and pain points.

Week 3-4: Improve your packaging. Apply the “mobile glance test.” Shrink your thumbnail to 150 pixels wide (roughly mobile size) and see if you can understand it in one second. If not, simplify it.

Week 5-6: Track what matters. Check your first 24-hour click-through rate in YouTube Studio. Anything above 8% is strong; above 12% is exceptional. Use this data to understand what resonates with your audience.

Related: How Brands and Individuals Can Leverage YouTube to Scale Their Business

Platform algorithms change constantly, but human psychology remains stable. When you build your YouTube strategy around how people actually discover, evaluate and consume content, you’re designing for constants rather than variables.

The entrepreneurs who build lasting authority on YouTube don’t chase viral moments; they create systematic value that compounds over time. They understand that every video is both a standalone piece of content and a building block in their larger authority platform.

Master these fundamentals, and you’ll have a YouTube presence that grows your business regardless of what changes the platform makes next.

Most entrepreneurs are getting YouTube completely wrong. They’re copying entertainment creators, chasing viral moments and treating their channel like a content graveyard instead of the powerful authority-building platform it actually is.

Here’s what they’re missing: YouTube now captures over 12% of total television viewing time, which is more than Netflix, Disney or any major network. When you upload a video, you’re not competing against other YouTubers. You’re competing against prime-time television.

This changes everything about how you should approach the platform.

The rest of this article is locked.

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