Industry Insiders Share Behind-the-Scenes Secrets

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People from various industries reveal insider secrets that provide valuable information. Topics include business failures, Academy voters, insurance claims, and clothing care.

"What's a dirty, little secret that you know only because you work in the industry?" People from a variety of industries came forward to share some behind-the-scenes info, and their anecdotes were super informative. Here's what people shared:"I own a sign shop, and I can tell you with 100% certainty that almost all businesses fail within the first year. If you think you are going to open a restaurant or a boutique, you are about to lose a bunch of money.

Also, no matter what business you want to start, go talk to your local sign guy and ask how many businesses have been in that location and failed. Trust me, we know which locations are cursed.""I used to work for a major talent agency in Hollywood, and a lot of the Academy voters never watched the screeners and let their assistants vote on their behalf.""I’m in insurance. If you call to request an estimate for a claim, they will count it as a $0 claim on your file when they deem the damage not enough to repair. That means when another company pulls your information, it will not only impact your future rates, but might make you ineligible for future policies. Don’t ever call insurance for an estimate first. Get a third party inspector to tell you whether you should file with insurance.""Always wash your new clothing before you wear it, even if it looks fresh and new.

Source: News Formal (newsformal.com)

Industry Secrets Insider Business Failures Academy Voters Insurance Claims Clothing Care

 

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