Early in his career, Sir Nicholas Winton was a stockbroker; in later years, he worked for international relief organizations and other charities. But for 50 years, nobody knew his greatest achievement and contribution to humanity.
We often celebrate entrepreneurs for being dynamic business leaders. That’s a good thing, but entrepreneurship itself doesn’t necessarily have anything to do with making money. A professor at Harvard Business School put it best: it’s about the “pursuit of opportunity without regard to resources currently controlled.”
That’s why I’ve insisted that the best book about entrepreneurship has absolutely nothing to do with making money, and it’s why we can look at people who start nonprofits, or who assemble teams to accomplish amazing goals that have nothing to do with business–and call them great entrepreneurs.
Nicholas Winton was a truly great entrepreneur.
The Associated Press reports that Andrea Cammelleri received a parking citation for leaving her pickup truck parked in an area for longer than 24 hours. According to a law in the village of West Jefferson, vehicles cannot be parked longer than 24 hours, including a “motor vehicle camper.”
Cammerelli argued that her truck does not fit that description because of the missing comma between “vehicle” and “camper”.
A marketing plan may not be at the top of every new business owner’s to-do list, but it should be. While a business plan helps map the direction for your company, a marketing plan helps your company understand how to get there by detailing important steps on the road to creating customer relationships.
“The single most important thing for a small business to include in its marketing plan is a very clear understanding of its customers and its competitors,” said Robert Thomas, professor of marketing at the McDonough School of Business at Georgetown University.
Though a marketing plan can be formal or informal, at a minimum it describes who your customers are, where they get information, and how you are going to reach them. Thomas said the development of a marketing plan requires four specific tasks:
US retailer Macy’s has ended its relationship with Donald Trump after the businessman and presidential candidate made controversial remarks about Mexican immigrants.
The retailer has sold Trump-branded clothes since 2004 and Mr Trump has appeared in the company’s commercials.
Macy’s is the latest company to distance itself from the businessman.
TV networks NBC and Univision said they would not air the Miss USA pageant, which is co-owned by Mr Trump.
“We have no tolerance for discrimination in any form,” Macy’s said in a statement. “We welcome all customers, and respect for the dignity of all people is a cornerstone of our culture.”
In response, Mr Trump said his principles were more valuable than the clothing line, which he called a “small business in terms of dollar volume”.
You could mistake Caleb Harper’s Personal Food Computer for a 3-D printer. The desktop-sized plastic box is a cut down version of his CityFarm, and designed to grow fresh vegetables anywhere, without soil.
The Personal Food Computer is a tiny aeroponics system, a miniature farm that creates its own weather, and supplies nutrients to the plants’ roots by misting them with water. Coupled with monitors that track things like CO2, light levels and humidity, the box can be dropped anywhere, and grow fresh food, regardless of surrounding conditions.
The water-sipping properties of aeroponics seem especially relevant in these times of drought, but this decentralization also means less long-distance transport, and — in a possible future — less environmental pressure from large farms.
v.19 n. 27 – Released July 1, 2015
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What Exactly is a Stay Interview?
It’s the opposite of an exit interview, in which you try to determine the factors that led to a worker’s decision to leave your employ. Ideally this type of preemptive measure will cut down on the number of talented employees lost.
A stay interview, conducted periodically, is distinct from a performance review. Its basic goal is to determine why the employee continues to work for you, so that you can, within reason, keep those factors alive.