Why Practice Trumps Theory for Entrepreneurs

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Description: Entrepreneur Ash Maurya has been building companies for over a decade, and during that time he’s always tried to find a better, faster way to build successful products. Maurya said he’s always had the entrepreneurial bug, and he attributes that to the way his parents raised him. He said his reason for staying an… Read more »

Best Buy CEO out as shoppers move online

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Description: Best Buy Co Chief Executive Brian Dunn has left the world’s largest consumer electronics chain, which has struggled against stepped-up competition from internet retailers and discounters. Source: Reuters.com Date: 04/10/2012 Link: http://www.reuters.com/article/2012/04/10/bestbuy-idUSL2E8FA3ZK20120410 Questions for discussion: Is there a solution to this shopping trend working against Best Buy? What sort of manager is needed in… Read more »

Instagram’s Systrom Builds $1 Billion Application in Two Years

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Description: Silicon Valley is one of the few places where a 27-year-old Web entrepreneur can parlay a photo-sharing application with no known source of revenue into $1 billion — in two years. Source: Bloomberg.com Date: 04/10/2012 Link: http://www.bloomberg.com/news/2012-04-10/instagram-s-systrom-builds-1-billion-application-in-two-years.html Questions for discussion: Do you think the background experience of these two entrepreneurs had anything to do… Read more »

Avon, 125 years old

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Description:  Avon Products, the iconic door-to-door cosmetic seller, celebrates 125 years in business, Felicia Taylor reports. Source: CNNMoney.com – video report Date: 04/02/2012 Link:  http://money.cnn.com/video/news/2011/03/09/n_avon_taylor.cnnmoney/ Questions for discussion: What does the Avon brand represent to women today? What are the benefits to Avon’s participation in social causes?

Hostess Serves New Batch of Cuts

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Description:  If negotiations fail, Hostess and its unions will face off in a trial over whether the company can scrap its labor contracts-an example of how wage levels across many once-vibrant industries are falling. Mike Spector reports on Markets Hub. Photo: Paul J. Richards/AFP/Getty Images. Source: Marketwatch.com – video report Date: 04/02/2012 Link:  http://www.marketwatch.com/video/asset/hostess-serves-new-batch-of-cuts/A64EE3DD-0867-4DE5-B20B-F85496993B9A Questions… Read more »

Online Movies Set to Overtake DVDs and Blu-rays

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Description:  Web-based movie download and rental services, coupled with tablets and connected TVs, have led to greater online movie consumption Source:  emarketer.com Date: 04/02/2012 Link:  http://www.emarketer.com/Article.aspx?R=1008945&ecid=a6506033675d47f881651943c21c5ed4 Questions for discussion: Summarize the changes taking place. What are the reasons for these changes? How would you suggest the industry respond?

Is your company like ‘The Hunger Games?’

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Description:   (MoneyWatch) Many of us have been there. Your company decided to do “stretch goals,” or, if an executive had recently read a Jim Collins book, “BHAGs” (big, hairy, audacious goals). Someone — often a senior executive — may have encouraged you to “treat it like a game,” and “make it fun.” The tag line… Read more »

Apple’s War on Android

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Description:    In her black robe and strand of white pearls, Lucy Koh projects the serious, deliberate demeanor befitting a U.S. District Court judge. Source:  Businessweek.com Date: 03/29/2012 Link:  http://www.businessweek.com/articles/2012-03-29/apple-s-war-on-android Questions for discussion: What are the issues involved in this conflict? Who do you think has more credibility? How do you think this will play out?

Entrepreneurs jump on co-working bandwagon

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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 »

Apple Labor Pact Could Ripple Across China

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Description:  Manufacturers grappling with rising labor costs and worker demands in China could face further pressure if a critical probe of a major Apple supplier sets a new standard for China’s factory workers, Andrew Dowell reports on digits. Photo: Getty Images. Source: Marketwatch.com – video report Date: 03/30/2012 Link:  http://www.marketwatch.com/video/asset/apple-labor-pact-could-ripple-across-china/ED326ADD-8C33-4B32-B463-A4BD5BA1D89C Questions for discussion: Summarize the… Read more »