Your addiction to social media could net you a bachelor's degree.
Thanks to the rise of the unconventional careers such as professional blogger and social media manager, as well as new forms of technology, universities are constantly adding majors to the roster of diploma-worthy degrees. And millennials are ready to enroll.
Working backwards from where you want to be can give you purpose.
Most people are not working in a job they are passionate about all of the time. In fact, according to a recent Financial Times column by Lucy Kellaway, having passion for one’s job can be dangerous. One should at best care about and enjoy one’s job. But even the best jobs can get mundane and routine and it is up to the individual to make his/her career continuously challenging, interesting and fulfilling.
The structure of the VC industry is changing. This matters not only to entrepreneurs raising capital — but it also impacts the finance industry overall, because companies are staying private longer (fewer IPOs) and public investors (including hedge funds, mutual funds, publicly held corporations) are getting into the VC game, too. So in that sense these changes affect everyone who is in the market.
Startups and public companies alike often use equity to help attract, retain and incentivize talented employees and other service providers. The different forms of awards have proliferated in the past several years, though, leading to a confusing “alphabet soup” of jargon that often frustrates both the recipients of grants and the company itself. Many angel and venture capital investors continue to prefer seeing stock options and restricted stock awards in their portfolio private companies, as these are the most common and simplest to administer.
Crowdfunding is on the calendar.
A measure that would allow North Carolina companies to crowdfund equity raises faces a crucial committee vote today - and some controversy.
But the controversy's not really the fault of crowdfunding.
While in the Senate, the measure was lumped into a bil l that would cap the sales tax.
His mind told him Palo Alto. His heart called him to La Jolla.
The year was 1959. Jonas Salk was looking for the right place to launch a research institute that would build on his historic work in vaccines. Palo Alto, Calif., had Stanford. La Jolla, a suburb of San Diego, had an astounding view of the ocean.
But from that view, Salk could see the future. Months later, the people of San Diego would vote to give him 27 acres of public land on Torrey Pines Mesa, free. And Salk would move his pioneering work westward.
The desire for better display technology is insatiable. Foldable, bendable displays have been in our collective conscious for nearly a decade, but things are heating up and speeding up. A few months ago Apple acquired a stealth-mode startup called LuxVue that is working on new types of information displays. While we don’t know the exact rationale for Apple’s acquisition, another startup called X-Celeprint may have superior technology and is really the company to watch.
Last week I was at a conference on Sand Hill Road, which is in Menlo Park, Calif. The highway is nothing special, kind of rustic looking. But Sand Hill Road is the nerve center of venture capital in Silicon Valley. Some of the firms located there include Andreessen Horowitz, Sequoia Capital, Battery Ventures and Greylock Partners. It reminded me of the importance that venture capital firms have in the current business landscape.
Organization as machine – this imagery from our industrial past continues to cast a long shadow over the way we think about management today. It isn’t the only deeply-held and rarely examined notion that affects how organizations are run. Managers still assume that stability is the normal state of affairs and change is the unusual state (a point I particularly challenge in The End of Competitive Advantage). Organizations still emphasize exploitation of existing advantages, driving a short-term orientation that many bemoan. (Short-term thinking has been charged with no less than a chronic decline in innovation capability by Clayton Christensen who termed it “the Capitalist’s Dilemma.”) Corporations continue to focus too narrowly on shareholders, with terrible consequences – even at great companies like IBM.
A few weeks ago, we were asked to analyze a competency model for leadership development that a client had created. Its was based on the idea that at different points in their development, potential leaders need to focus on excelling at different skills. For example, in their model they proposed that a lower level manager should focus on driving for results while top executives should focus on developing a strategic perspective.
Genome scientist and entrepreneur J. Craig Venter is best known for being the first person to sequence his own genome, back in 2001.
This year, he started a new company, Human Longevity, which intends to sequence one million human genomes by 2020, and ultimately offer Web-based programs to help people store and understand their genetic data (see “Microbes and Metabolites Fuel an Ambitious Aging Project”).
Gur Bittan envisions a future where you’re not just capturing a regular video of a child’s first steps with a smartphone; you’re doing it in 3-D, and sharing it with friends who can manipulate the video to watch it from different perspectives—even the kid’s point of view, providing you’ve scanned the scene from enough angles.
Image: http://www.technologyreview.com - On display: Mantis Vision’s technology, which uses a projected infrared light pattern to capture 3-D images and videos, is included in Google’s Project Tango tablet, shown here.
No matter if you're an electrician, mechanic, accountant or surgeon, you have a specific set of tools to help you complete the task at hand. What about entrepreneurs? Do we have our own set of tools to help save time, make a living or run an efficient business? We definitely do.
Here are five tools that every entrepreneur absolutely needs to achieve success.
The right idea is key, but anyone who dreams of being the next Mark Zuckerberg must also have a good dose of passion and persistence.
Answer by Oliver Emberton, founder of Silktide
You don’t need qualifications, money, a planet-sized-brain or even a particularly good idea. All an entrepreneur ever does is create something that consistently makes money.
Think of a company as a machine you design and build. Here’s McDonalds MCD :
Jim and Sarah’s conversation above is a very common conversation among entrepreneurs.
Next time, you encounter an entrepreneur who brags about how much money he has raised, ask a follow-on question: How much ownership do you have left in the company?
Every day, and in many ways, an entrepreneur must lead and persuade others. Understanding what motivates people, how to inspire them to do their best work, and how to lead with purpose and vision is essential for any entrepreneur.
In this series, Daniel Pink discusses the art and science of motivation, and how entrepreneurs can leverage these insights to be compelling leaders.
For years the standard operating procedure for the medical device world has been: Bring good tech to patients and be rewarded by the market. Healthcare reform and particularly the consolidation of doctor practices is making this model obsolete. Now the challenge is more along the lines of “Justify your existence.”
Device companies have to revamp the traditional business model to show how their products save money and help patients in the long term.
It may not be as sexy, but starting a new business that builds on an existing technology or business model is usually less risky than introducing that ultimate new disruptive technology. There are many levels of innovation that go beyond copying someone else’s idea, but stop short of pushing the bleeding edge.
Many of the major business successes started this way. McDonald's didn’t really invent the fast-food model -- it simply improved on the cookie-cutter White Castle process. Before Wal-Mart made the low-cost high-volume business model famous, there was Ben Franklin and Two Guys, which touted it way back following World War II.
Franco Savoni walked into a business-networking program thinking small Tuesday. And he did it with no apologies.
To help advance business at Elkay, an Oak Brook-based sink and faucet manufacturer, Savoni is checking out the work and products of smaller companies.
“There’s so much innovation (at small companies) that’s going on close to home,” Savoni, Elkay’s water-cooler products director, said during a reception for The Innovators Connection, a Chicago Innovation Awards program that connects startup companies with larger businesses that need products or services.
Raising money is a huge part of being a CEO, but nothing can fully prepare you for the experience of taking your company public. Together with our team at Zafgen, I recently had the experience of taking our company public through the IPO route (here and here), and it went well by most accounts. Despite choppy market conditions, we raised more than we had anticipated. This will allow us to consider new ways of strengthening our programs.