Description: The venture capitalist says anyone building a startup now must be able to do one thing “uniquely well.” Source: CNNMoney.com – video report Date: Sep 14, 2012 Link: http://money.cnn.com/video/technology/2012/09/14/t-thiel-advice-to-startups.fortune/ Questions for Discussions: What advice does Peter Thiel offer to those seeking to start up new businesses? What does he say is wrong with the… Read more »
Posts Categorized: Part 2 Starting and Growing Your Business
Pitaya: The Selling of a Superfruit
Description: A few months ago, Eric Helms, the 42-year-old founder and chief executive officer of Juice Generation, a chain of juice and smoothie bars in New York City, wanted to display what he calls “the next big superfruit†in his stores. Having bought exclusive import rights to a year’s supply of pitaya, a softball-sized fruit… Read more »
How Crayola crayons are made
Description: For over 100 years, Crayola has mixed and molded crayons in the hopes of encouraging creativity in children. Source: CNNMoney.com – video report Date: Aug 29, 2012 Link: http://money.cnn.com/video/smallbusiness/2012/08/29/sbiz-hwgs-crayola-crayons.cnnmoney/ Questions for Discussions: Why do you think crayons and Crayola brand in particular have endured for so many generations? Describe the manufacturing process that was… Read more »
Facebook Shares Hit New Lows
Description: Facebook shares fell 5% to new lows Friday as two analysts from firms that underwrote its initial public offering cut their price targets on the shares, Paul Vigna reports on the News Hub. Photo: AP. Source: Moneywatch.com – video report Date: Aug 31, 2012 Link: http://on.wsj.com/R3hzXy Questions for Discussions: Summarize the explanation in this… Read more »
Obama’s small biz solar star fades
Description: A small solar business, once the leading light of President Obama’s green jobs program, is now caught in an international trade dispute. Source: CNNMoney.com – video report Date: Aug 24, 2012 Link: http://money.cnn.com/video/news/2012/08/23/n-obama-solar-star-not-shining.cnnmoney/ Questions for Discussions: Summarize the history of this start-up business. What are the lessons to be learned about the globalization of… Read more »
Police Chief’s $204,000 Pension Shows How Cities Crashed
Description: Stockton, California, Police Chief Tom Morris was supposed to bring stability to law enforcement when he was appointed to the job four years ago. Source: Bloomberg.com Date: July 31, 2012 Link: http://www.bloomberg.com/news/2012-08-01/police-chief-s-204-000-pension-shows-how-cities-crashed.html Questions for Discussions: Explain the crisis facing these cities in terms of financial mismanagement of budgets and cash flow estimations? Is there… Read more »
Know Where The Money is Going Before You Ask For I
Description: Squarespace founder Anthony Casalena didn’t necessarily know he wanted to start a business, but he did have a clear concept of what he wanted. “I was trying to make my personal website and I wasn’t satisfied with any of the existing services†said Casalena in interview, “I had a very clear concept of what… Read more »
Immigrants’ Role in the Small Business Economy Grows
Description: The share of U.S. small businesses owned by immigrants has expanded by 50 percent since 1990, with almost one-fifth of business owners born outside the country, according to a new report (PDF) by the Fiscal Policy Institute. Source: Businessweek.com Date: June 15, 2012 Link: http://www.businessweek.com/articles/2012-06-14/immigrants-role-in-the-small-business-economy-grows ` Questions for Discussions: What are the highlights of… Read more »
Pfizer Sees Harvard Collaboration As Spark For New Drugs
Description: When Hal Dvorak, a Harvard scientist whose ideas helped spur the advance of targeted cancer drugs, sought a partner recently to help him develop new treatments, he only had to walk two blocks to find one. Source: Bloomberg.com Date: June 15, 2012 Link: http://www.bloomberg.com/news/2012-06-15/pfizer-sees-harvard-collaboration-as-spark-for-new-drugs.html Questions for Discussions: Describe the relationships between educational institutions and… Read more »
Entrepreneurs jump on co-working bandwagon
Description:  In 2008, Chad and Sandra Ballantyne moved their marketing and Web design company, Rhubarb Media, into its first office – a 1,300-square-foot space in downtown Barrie, Ont., which they shared with another small company. Source: GlobeandMail.com Date: 04/02/2012 Link: http://www.theglobeandmail.com/report-on-business/small-business/sb-marketing/customer-service/entrepreneurs-jump-on-co-working-bandwagon/article2386076/ Questions for discussion: What lessons are there in this report for entrepreneurs? What are… Read more »
