Tin and copper are two weak metals on the Mohs scale, however mix them together and you make bronze an extremely hard strong metal. In Morgan Housel’s article, Where Big Leaps Happen Housel explains how this metaphor is perfectly aligned with the creation of a successful business. You do not need to be extremely extraordinary at one particular thing. In fact, it might be better to be just okay at two great qualities and then combining them to make them something worthwhile.Read More>>
Monthly Archives: February 2019
Boeing Backs Aerion in Effort to Revive Supersonic Jets
For all of those who mourned the decommissioning of the infamous supersonic jetliner Concord in 2003, yesterday was a momentous day. Boeing, in collaboration with a startup named Aerion, have publicly announced their financial partnership in the effort to create a supersonic business jet that will travel at 1,000 mph — up to 70% faster than existing business jets. Even more astonishing is the fact that this jet will reach markets by 2023; Twenty of the jets have already been ordered! If you have ever wondered where commercial aviation may go in the next decades, this article from Bloomberg contributors Julie Johnson and Thomas Black may give you your answer. Read more>>
Who Gets Blamed When a Group Project Goes Wrong?
We’ve all had that group project that simply didn’t work out. The group project that leaves the group itself responsible for the negative consequences. How are these failures perceived by outsiders? How do we divvy blame for failures that we have little background information about? According to a study done by researchers at the Kellogg School of Management at Northwestern University, we tend to assign those who already have reputations less blame than those who are still gaining experience, regardless of any other facts. What is the Matthew Effect, and why does it pose significant risks to group members who are still building their reputations? Read more>>
Accounting for Time
What is time worth? We all know the simple equation: “time equals money”. In traditional corporate America we forget the equivalency of the two. If you’ve ever wondered, “Is this worth my time?” you are in good company. Ashley Whillans and Hanne Collins of Harvard Business School decided to do the math, assigning a happiness value to time through the survey and subsequent statistical analysis of the self-reported happiness of working adults in the United States. The results of their study may convince you to take those extra vacation days. How much happiness equivalent could you be losing by focusing on money over time? Read more>>
Micromobility’s 15,000-Mile Checkup
Shared micromobility, which allows people to share electric bikes, scooters and mopeds has grown rapidly and is projected to grow at an even quicker rate within the next decade. Billions of investment dollars have started to flood into this industry, which is taking away investments from car based sharing solutions that had been so profitable in the past. The market potential is short to none as people feel “the experience takes them back to their first time riding a bicycle or a scooter”. However, is micromobility just another transportation fad, or does it actually have the potential to be the next best investment? Read More>>
How business-to-business startups reduce inequality
“Starting a business is not what it used to be” Sib Mahapatra stated, the founder of Bureau, an end-to-end office furniture startup in NYC. Startups like Shopify, Breather and Fiverr give other startups the opportunity to start and grow their business at a much more smooth and cost efficient pace, changing what we thought we knew about fixed versus variable costs. Opportunity in business does not just rely on access to capital now but instead, the ability and value proposition that you have to offer. Read More>>
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