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How Megan Dalla-Camina built a billion-dollar business empowering women

+ 3 tips to conquer peak season sales

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Maziar Foroudian
August 03, 2024

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The Daily MunchThe business side of media and pop culture.

Latest Stories

Megan Dalla-Camina, a former corporate executive, founded Women Rising to empower women in leadership. By offering evidence-based programs and a global community, they prioritize holistic growth. Their approach integrates personal and professional development for transformative results. Read more about her inspiring journey.

The EOFY sales injected AUD 10 billion into the economy, setting the stage for upcoming Black Friday and Boxing Day sales. Retailers must adapt to evolving consumer trends, especially the 19% surge in online clothing purchases. A focus on customer understanding, seamless returns, and smart shipping strategies is crucial for success in the competitive retail landscape.

Recent funding updates: InvestorHub scores $9M in Series A, iLAuNCH grants $100,000 for space tech, Slice raises $7.5M in Seed round, and Sindy Labs receives $300,000 from UC Berkeley. Read on for more details.

Recent findings highlight the growing importance of sustainability in Australian businesses for gaining a competitive edge. Despite this, many companies are not adequately prepared for upcoming decarbonization regulations. Urgent action is needed to develop net zero plans and leverage government support and financial incentives for a successful energy transition.

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Passionate Income

Empower Your Mind & Gain Financial Literacy with Actionable Steps in a Bite-Sized Three-Minute Read

Top stories

High-profile data breaches and the threat of business-crushing fines are forcing Australian businesses to prioritize cybersecurity investments. Boards and business leaders are realizing the importance of protecting sensitive data. Cyber chiefs are still advocating for increased funding.

Get to know the impact of mergers on the economy and the importance of competition in ensuring fair prices and wages for consumers and workers. The Albanese government is working to reform merger laws to prevent anticompetitive behavior and promote a dynamic economy.

Australia

The Fair Work Commission has sought a court application to appoint Mark Irving KC as administrator for the CFMEU, potentially removing 270 officials. If resisted, the government threatens legislation intervention against the troubled union.

Australian banks are increasingly relying on artificial intelligence to combat cyber hacking attempts. AI is utilized to detect unusual behavior and analyze data points for suspicious activity, safeguarding customers from scams.

South Australia leads the nation's economy with robust jobs market and strong building activity, according to CommSec's State of the States report. Western Australia and Victoria follow closely, showing strong economic momentum. Queensland and Tasmania ranked fifth and sixth respectively.

Australian Economy

Former RBA economists are divided on future interest rate prospects after inflation data ruled out a hike next week. Financial markets reacted with euphoria, signaling positive news in the midst of economic uncertainty.

The US Federal Reserve's potential rate cut in September has sparked global monetary easing hopes, leading to record highs in Australia's sharemarket. Despite cooling inflation, some economists are hesitant about immediate RBA easing.

World

Day six of the Paris 2024 Olympic Games saw Jemima Montag win a bronze in the 20km walk, signaling the transition from pool to track events. With 32 sports, swimming and athletics reign as marquee events.

Japan's equity market has reached heights unseen since 1989, signaling success in the country's structural reforms. Investors have seen impressive returns, rivaling the Nasdaq. Japan is now a top destination for global equity investors.

Tech

Google Ads is experiencing a major outage impacting reporting tools and product management features, affecting advertisers' ability to manage campaigns and access performance data. This glitch also raises privacy concerns, as competitors can potentially identify each other through exposed product titles. Google is actively looking into the issue.

In Q3 of fiscal year 2024, Apple's revenue hit a record $85.8 billion with 5% growth year over year. While iPhone sales in China dropped, gains in services and iPad revenue boosted overall performance. Apple Intelligence is set to drive future iPhone sales.

Reddit is blocking search engines like Microsoft Bing from crawling its platform unless they pay up for AI training, following a $60 million deal with Google. This highlights ethical concerns in AI development.

Curated for you

Many website owners overlook SEO strategy, leading to low traffic and wasted effort. Crafting a solid SEO plan involves keyword research, quality content creation, backlink building, and performance tracking for increased visibility and organic traffic.

Entrepreneur contributors discuss the challenges faced by professional services firms, emphasizing the need for scaling beyond personal skills. Hiring experienced consultants, investing in sales, and leveraging marketing platforms are key to driving business growth and success.

In today's business world, soft skills like empathy, compassion, adaptability, and integrity are essential for success. According to LinkedIn, 92% of talent professionals believe these skills are as important or even more important than hard skills when hiring. A strong focus on these qualities can lead to a more inclusive company culture and stronger work ethic.

Taco Bell is expanding its Voice AI technology to drive-thru locations in the U.S., aiming for a global rollout. The system aims to improve operations and customer satisfaction. Despite past failures, AI bots are becoming more prevalent in fast food chains.

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