Partnerships / Acquisitions

Shopify, Tony Robbins Partner On Business Competition

Shopify, the leading cloud-based, multichannel commerce platform designed for small and medium-sized businesses, recently announced that, for the second year in a row, it has partnered with philanthropist and business strategist Tony Robbins to collaborate on the Build a BIGGER Business competition.

The Build a BIGGER Business competition is one of the world’s largest entrepreneurial contests aimed at equipping entrepreneurs and established small and medium-sized businesses with resources and mentorship as a means to accelerate their business projects.

Tony Robbins was quoted as saying, “With the right coaching, the right tools and the right mindset, entrepreneurs can take their businesses to incredible heights. I’ve seen it firsthand at our Business Mastery events as well as through the Shopify Build a BIGGER Business competition. Helping the leaders of tomorrow stretch the boundaries of what they thought was possible is a long-time passion of mine, and I’m thrilled to continue this partnership.”

Over the past six years, Shopify’s business and entrepreneurial competitions have reportedly assisted in the creation of over a 100,000 new businesses that have gone on to sell a combined millions in products and services.

Harley Finkelstein, COO of Shopify, was quoted as saying, “Since the launch of the Build a BIGGER Business program in 2010, we’ve seen thousands of companies start and grow successful businesses using Shopify under the tutelage of the world’s best business minds. In keeping with tradition, we’re equally excited to watch this year’s field of competitors embark on a new journey.”

The Build a BIGGER Business competition is currently open to privately held businesses in the United States, the United Kingdom, Canada, Australia and New Zealand with sales in 2016 between $1 million and $50 million. Participants must have have been in operation for one year or longer, must already sell online, and migrate to or already operate on Shopify.


New PYMNTS Report: Preventing Financial Crimes Playbook – July 2020 

Call it the great tug-of-war. Fraudsters are teaming up to form elaborate rings that work in sync to launch account takeovers. Chris Tremont, EVP at Radius Bank, tells PYMNTS that financial institutions (FIs) can beat such highly organized fraudsters at their own game. In the July 2020 Preventing Financial Crimes Playbook, Tremont lays out how.

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