News

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But it's better than TV

This is a good post and a good reminder of how many Americans waste so much time watching TV. I would add "mindless surfing of the web" to the list of current time wasters. As Christians, we need to take dominion of every moment that God gives us so that we can be more fruitful for Him...
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Where Will Your Next Profits Come From?

This is an excellent article on what really matters in terms of profitability and the complexity of the different components of profitability.
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New Exit Strategies For Venture Capitalists

This is an excellent article that recaps a recent panel discussion sponsored by Wharton on the current state of the venture capital industry. The bottom line is that it is harder than ever to raise venture capital, it is harder than ever for a venture-backed firm to gain an exit, and it is harder than ever for venture investors to make a decent return...
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In the Social-Media Era, Email Lives On

42% versus 27%. Those are the percentages of social-media users and nonusers, respectively, who check their personal email four or more times daily, according to Scott Monty, head of social media for Ford Motor Company. The implication: Email lives on in the age of Twitter and Facebook. "People •••
via http://web.hbr.org/email/archive/dailystat.php

3 Tips for Enduring the Trials of Entrepreneurship

Being an entrepreneur is very difficult. Harvard's management tip of the days offers some simple advice...
via http://web.hbr.org/email/archive/managementtip.php

China's Internet obsession

There are some stunning statistics in this article about internet usage in China: urban Chinese spend 70% and rural Chinese spend 50% of their leisure time on the internet; the number of internet users grew 50% last year to 384 million; and Chinese use the internet more for entertainment than for work..
via http://www.mckinseyquarterly.com

The factory in the center

Old time factories had a linear layout, because there was just one steam engine driving one drive shaft. Every machine in the shop had to line up under the shaft (connected by a pulley) in order to get power. That metaphor extended to the people working in the factory. Each person was hired and •••
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Minding the Family Business

New Venture Lab is pleased to be co-producing a film on family business and entrepreneurship with Franklin Springs Family Media
via http://www.franklinsprings.com/news/

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Small companies with 50 employees or less can now get free email hosting by Google and the best part is that you can use your company URL in your email address and you do not have to use Gmail...
via http://blog.guykawasaki.com/

Define Your Company's Purpose in a Sentence

Great companies have a single purpose that drives them toward success. That purpose is simple, straightforward, and no longer than a sentence. For example, Google's is "We organize the world's information and make it universally accessible and useful," and ING Direct's is "We lead Americans back to •••
via http://web.hbr.org/email/archive/managementtip.php

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