PopUp Bagels in New York City prioritizes customer interactions by making every interaction special, leading to viral success. Founder Adam Goldberg emphasizes community care and treats every customer like an influencer, leading to a strong social media presence. With a focus on branding, partnerships, and efficient operations, Goldberg has successfully grown the business to multiple locations. By balancing pricing strategy, customer satisfaction, and minimizing waste, PopUp Bagels continues to attract customers with their delicious bagels and exceptional customer service. In this episode, business owners discuss the importance of small gestures in building long-term customer loyalty and treating every customer as an influencer. They emphasize sticking to a clear business model, ensuring profitability before scaling, and hiring experts when needed. Additionally, the importance of respecting employees and empowering them to create a positive customer experience is highlighted. The episode is available on various platforms for more insights from new business owners and reviewers.
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Taking Your Required Minimum Distribution (RMD) Right Now Could be a Brilliant Move for Retirees
Investing in retirement accounts like IRAs and 401(k)s offers tax advantages, as contributions are tax-deductible and earnings are tax-deferred until withdrawal. However, starting at age 73, individuals must take required minimum distributions (RMDs), which can create a tax burden if reinvested improperly. Taking RMDs during market downturns can be beneficial, as it allows investors to withdraw more shares, reinvest them in taxable accounts for potentially lower capital gains taxes, and reduce future RMDs. Full Article
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