The very nature of the typical entrepreneur is to think big and take the risks necessary to be big. It is this trait in the many who have built America’s small businesses, that has made this country what it is today. After a few years of success, most are looking for ways to expand upon that success. … Read more >
I saw the greatest quote the other day. “Don’t think outside the box, think like there is no box”. For most entrepreneurs, personal creativity is probably not in short supply. However, creativity is not always encouraged among the staff in a small business. That means the owner is left to come up with all of the new ideas on his own. … Read more >
Business theory can sometimes seem cut and dried. However, all two often human emotions and human reactions can have a major impact. This was highlighted in a recent article in the HBS Working Knowledge business blog.
At first glance, a neuroscientist and a business school might seem an odd fit. But in fact economists have been paying increasing attention to how the brain works.… Read more >
You’ve all heard the maxim of “Ready, Fire, Aim.” There’s a financial analog, according to Investopedia. “Invest, then Investigate” is an investment strategy where investors purchase a stock first and do research and due diligence second. Invest, then investigate – or investing first and researching next – is a risky and speculative approach to making investment decisions.… Read more >
This year, I’ve embarked on a weight loss program and (at this writing) have lost more than 30 pounds toward my 50 pound goal. I’ve been using Weight Watchers successfully. However, I’m always interested in “what works?” I found a recent article in the HBS Working Knowledge blog that discusses Business scholars, particularly behavioral economists, studying what motivates people to buy, save, donate, and any other number of actions that build society.… Read more >
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