Small business advice from 17-year-old CEO

Tyla-Simone Crayton has accomplished a lot for a 17-year-old: She is the founder and CEO of Sienna Sauce, with her chicken wing-style sauces sold in over 70 retail stores across the U.S. In 2019, her company generated $192,000 in revenue, she previously told CNBC Make It. To date, she has landed over $45,000 in funding through pitch competitions and has raised nearly $200,000 through crowdfunding investors.

Today, Crayton continues to grow her brand and has no plans of slowing down.

“I want [Sienna Sauce] to be a household name,” she said. “And [the business] will be passed down through generations.”

Crayton learned a lot building her business and from people she met along the way – including self-made billionaire Mark Cuban. Here are four pieces of advice Crayton has for other small business owners and aspiring entrepreneurs.

Ask questions and continue to learn

“Never be afraid to ask questions,” says

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Flying Spirit Airlines ‘shuttle’ Newark to Boston; review, pandemic

  • Spirit Airlines inaugurated service between Newark and Boston on November 18, becoming the fifth carrier on the busy route. 
  • The two daily flights join a competitive sector dominated by American, Delta, United, and JetBlue, primarily serving business travelers and offering bonus perks for flyers. 
  • We flew on the first flight from Newark to Boston to see if Spirit’s dirt-cheap fares held up to the competition on the 200-mile route.
  • Visit Business Insider’s homepage for more stories.

Shipping up to Boston from New York just got a whole lot cheaper.

Spirit Airlines just launched its newest route between Newark and Boston on November 18, one of the shortest in its network. Starting with only two daily flights, the carrier joins a highly-competitive sector that sees four other airlines flying between the two cities with countless flights. 

The New York-Boston route typically serves the business traveler segment and is known for the

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UK government announces plans to write a ‘conduct’ code for Facebook and Google, starting in April 2021, but doesn’t offer an enforcement timeline

  • The UK on Friday introduced a new “pro-competition” watchdog to regulate Google, Facebook, and others.
  • The Digital Markets Unit will enforce a new code, adding data-transparency requirements and helping small businesses promote themselves online, according to the announcement.
  • Ronan Harris, vice president of Google UK & Ireland, said the search giant looks forward to “working constructively” with the new unit.
  • From April 2021, the unit “could be given powers to suspend, block and reverse decisions of tech giants,” the government said.

The UK on Friday announced a government unit to enforce a new competition code on Google, Facebook, and other tech giants, beginning in April 2021.

The business secretary, Alok Sharma, said in a statement that companies like Google and Facebook make a “significant contribution” to the UK economy, but “the dominance of just a few big tech companies is leading to less innovation, higher advertising prices and less choice

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Electric Carmakers Are in a Stock Market Bubble

Arrival Ltd., a U.K.-based electric-bus and van startup that’s poised to go public by merging with a special purpose acquisition company, is valued at almost $16 billion after the SPAC’s shares more than doubled in a week. It won’t start producing vehicles until late next year.(1)

The electric revolution is real and the shift away from combustion engines is accelerating. From a climate perspective, it’s great that investors are allocating capital like this. Still, valuations look mighty bubbly. The potential for disappointment is massive, particularly for the newest crop of EV makers that are yet to generate meaningful revenue.

Like all financial bubbles, this one is driven by dreams of enormous wealth. Elon Musk has overtaken Bill Gates as the world’s second-richest person. Scottish investment manager Baillie Gifford & Co., an early Musk backer, recently cashed out billions of dollars in Tesla stock but retains a 3.7% holding worth about

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“Small Business Saturday” could make or break local stores across U.S.

The stakes are higher than ever for small businesses this holiday season, as their owners make last-ditch efforts to recoup sales lost to the coronavirus pandemic.

Every day of the year is important for a small business, but “Small Business Saturday,” launched by American Express a decade ago, is particularly relevant — and even poignant — this holiday season, with record numbers of small businesses suffering financially this pandemic year. Consider:

  • More than 100,000 small businesses have already shuttered during the pandemic, with more closures potentially on the way.
  • Total small business revenue in the U.S. plunged 32% as of November 16 from January levels, according to data from the Opportunity Insights Economic Tracker based out of Harvard University. 
  • 1 in 5 small-business owners said that they will have to shut down if economic conditions don’t improve within six months, according to a survey from the National Federation of
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Brexit Is Nipping at London’s Role as a Financial Powerhouse

LONDON — For Britain, its exit from the European Union is supposed to be the start of a new era as a “Global Britain,” an open, inviting and far-reaching country. For the European Union, Brexit is an opportunity to repatriate some business from across the English Channel and further bolster the continent’s economic standing in the world.

And for the City of London, a large hub for international banks, asset managers, insurance firms and hedge funds, Brexit is a political headache. Britain’s financial center has been caught in the middle of these two agendas, leaving the future of the City’s relationship with the rest of Europe fractured and uncertain.

Britain left the free trade bloc at the end of January but immediately entered into an 11-month transition period that has kept everything unchanged. What comes after Dec. 31, when this transition period expires, is being negotiated down to the wire.

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A lot of Boston commuters expect to start driving after the pandemic, survey says

This data could have troubling implications for Greater Boston, whose stifling congestion and aging transit infrastructure were near the top of the political agenda before the virus emptied the roads and rails and undercut the efforts to improve the strained transportation system.

“We should all be worried that once the public health issues are overcome, we wake up to a world where our transportation issues are even worse than they were in March 2020,” said Chris Dempsey, director of the advocacy group Transportation for Massachusetts.

The survey’s authors were more sanguine, noting that the majority of commuters said they would return to their pre-pandemic transportation mode of choice, including taking public transit, with others moving to biking or walking. In other words, it could be worse.

“The drive-alone rate, I thought it might be higher than it was,” said A Better City president Rick Dimino.

Speculating about future commuting patterns

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Falcons’ Morris indebted to Raiders’ Gruden for his start in coaching

How much does Jon Gruden love football coaches?

He’s got a soft spot for the guy who took his job.

The Raiders visit the Atlanta Falcons Sunday, the first of two East Coast games in a row. On the opposite sideline is Raheem Morris, the interim head coach who took over on Oct. 11 when Dan Quinn was fired after an 0-5 start.

The same Morris who worked on Gruden’s staff with Tampa Bay and who was in line to be the Bucs’ defensive coordinator in 2009 after Monte Kiffin left to join his son Lane at the University of Tennessee. Little did Gruden know Tampa Bay management had other ideas.

The Bucs fired Gruden, as well as general manager Bruce Allen, and instead made Morris a 32-year-old head coach.

The Bucs closed the 2008 season with four straight losses to go from division leaders to out of the playoff

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… Are We Really All on the Same Page About Passing Down the Family Business?

One of the primary advantages that comes with owning a business is control: making decisions about the hours of operation, who to hire and how much to pay them. Owners also control what will happen to the business when they decide to step down or retire.

a group of people standing in a kitchen preparing food

© Michael Prince | Getty Images

After years of growing and running a successful business, many owners have the dream of keeping the company within the family and passing it along to their children. That is an appealing legacy for owners both at the end of their tenure as well as their vision when starting the business. 


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As a franchise coach, I often talk to people who want to buy a business that they can operate with their son or daughter. Although that is a wonderful thought, it also comes with a lot of red flags. People should never assume that their

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Dell Latitude 9510 review: A compact and very competent 15-inch business laptop Review

The Dell Latitude 9510 is a neat 15-inch business laptop that’s available either as a traditional clamshell design or as a 2-in-1 with a fully rotating screen. If you want the 2-in-1 the starting price in the UK is £1,613.55 (ex. VAT), rising to £2,123.55, while the traditional laptop starts at £1,253.55 and tops out at £1,883.55. In the US, prices range between $1,849 and $2,929. 

At first glance, the Dell Latitude 9510 looks somewhat nondescript. A silver lid and base with the Dell logo centrally placed on the lid isn’t the stuff of ‘oohs’ and ‘aahs’. The sides of both base and lid have a sheen to them and the lid has a faint etched finish, but these are pretty low-key touches. What’s immediately noticeable is that the build is very solid, with the aluminium chassis providing for an unbendable lid and all-around toughness. This laptop is heavy, though:

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