Mahendra Ramsinghani: What Every Entrepreneur Can Learn From Facebooks Early... On January 4, 2011, Mark Zuckerberg woke up to some good news. TIME magazine named him the "Person of the Year" and had his photo on the cover. The same day's Wall Street Journal featured a story on MySpace, Facebook's once formidable competitor, and its dramatic downsizing. Entrepreneurs dream of such fame, not to mention the total decimation of competition. Here are five lessons from Facebook's early years for every entrepreneur. Can you get users to beat a path to your door? Economics 101 tells us that when supply rises above demand, value evaporates. Can you get VCs to beat a path to your door? Can you block out noise from competition? That's enough competition to make even the toughest entrepreneurs throw in the towel. Can you build value and yet keep the keys to the kingdom?
The Markets are Mad: Is High-Frequency Trading Making Things Worse? (liquidlibrary) Thursday’s 423-point gain by the Dow marked the first time ever that the industrial average has posted four consecutive days of 400-point moves. Less than two weeks into August, there have already been six trading days that saw triple-digit swings this month. While your average investor generally hates volatility, there are those who feed off it, namely high-frequency traders. Now, it’s not quite fair to lump all high-frequency traders together. Ever since last year’s Flash Crash, there’s been a debate brewing over the utility of high-frequency trading. A pair of recent academic papers have taken a long look at the pros and cons of high-frequency trading, and together paint a not-so-nice picture. This study investigates the effect of high trading volume on observed stock volatility. The second paper, titled simply “High Frequency Trading,” comes from Bruno Biais of the Toulouse School of Economics, and Paul Woolley, of the London School of Economics.
How to get a job: what's missing from resumes I'm reviewing Update X2 Getting the eye of the recruiter with the right resume is a must. How to do it? My recent experience might help, and I'll try to compile a few suggestions here. (Caveat: I'm writing in the first person even though it makes me seem bossy--third person was too passive, so here goes.) First, don't tell me about you. Especially pay attention to this if you are changing fields or industry sectors. A hint: one resume that immediately got to the top of the pile came with a cover letter that took points from the job description, described how their skills would be applicable and what projects they've worked on that were relevant. Second, if you are going to write a summary, tell me something unusual about yourself. Third, don't forget to list specific skills. Fourth, and this may seem petty, but if you are sending a resume or cover letter via email, NAME THE FILE(s) WITH YOUR NAME. Hope I've not offended anyone by anything I wrote. Update. Update number 2. Update 3.
How Training Employees Can Boost Sales - VerticalResponse Column by Janine Popick, Inc.com "Female CEOs" October 16, 2009 When I started VerticalResponse we had just four employees. With such a tight knit group there wasn’t really a need for company or product training. But what happens when a company starts to grow and the tight knit group starts to unravel? I can tell you that we waited way too long to start formally training our new employees, and for a while it showed. One day I witnessed one of our salespeople who had been with the company for a few months selling something we didn’t offer. I take our training program very seriously. It’s never too early to start your own training program in your company. Create a document that the employee can be walked through and refer back to. Investing up front in your new employees will save a lot of time -- and even customer service -- from all parts of your company in the long run, and it’ll show in your sales numbers.
The Limits to Growth Five variables were examined in the original model. These variables are: world population, industrialization, pollution, food production and resource depletion. The authors intended to explore the possibility of a sustainable feedback pattern that would be achieved by altering growth trends among the five variables under three scenarios. They noted that their projections for the values of the variables in each scenario were predictions "only in the most limited sense of the word," and were only indications of the system's behavioral tendencies.[4] Two of the scenarios saw "overshoot and collapse" of the global system by the mid to latter part of the 21st century, while a third scenario resulted in a "stabilized world The most recent updated version was published on June 1, 2004 by Chelsea Green Publishing Company and Earthscan under the name Limits to Growth: The 30-Year Update. The book continues to generate fervent debate and has been the subject of several subsequent publications.
15 Places To Download Free High Quality Stock Photos There are many free stock photography sites. I set out to find as many good ones as I could. I found 15 good, solid resources out there. Today I am going to share 15 websites where you can download free stock photos. You can easily get a quality and beautiful wallpaper for your desktop or simply an illustration for your blog. Free stock nature photography. This site is a community for travel photographers. This is a huge resource of over3 million photos! This site provides tons of high quality and high resolution free stock photos. The photos on Imagebase are free to use, and are licensed under a Creative Commons license. Stockvault is a very classy, modern site with thousands of images and some Photoshop tutorials. Morguefile is a completely free source for stock photos. All the photos are free to use. Openphoto is a site of free photos by categories, and offers a search function as well. You can get 2,000 free stock photos from 10 categories. Related Posts:
Unsupported Browser Today, we are excited to share that Identified has been acquired by Workday. This is an exciting outcome for everyone involved in Identified and we want to thank our team, Board of Directors, investors, customers, advisors, families and the other countless people that have supported us over the years. Waller Capital served as an exclusive advisor to Identified in this transaction. Since we co-founded Identified out of a shared dorm room at Stanford University in 2010, we have assembled what we believe to be the best group of data scientists and engineers in the industry. This team has built technology that uses big data from the social web to uncover insights and relationships that change the way companies pursue talent, manage their workforces, and improve their competitiveness. And so on behalf of all of us, we are thankful to Workday for believing in us and in the possibilities of what we can do together. Sincerely, Adeyemi Ajao & Brendan Wallace, co-Founders of Identified
Les neuf vies du secret bancaire helvétique, par Sébastien Guex Au début de 2009, sous l’impulsion des principaux pays membres de l’Union européenne et des Etats-Unis, l’Organisation de coopération et de développement économiques (OCDE) s’est décidée à faire un pas, après avoir longtemps résisté. Elle a menacé d’inscrire la Suisse sur une liste de paradis fiscaux — ce qui aurait impliqué de lourdes sanctions à son égard — si Berne ne révisait pas rapidement au moins douze conventions dites « de double imposition » (CDI) en souscrivant au principe d’entraide internationale en cas non seulement de fraude, mais aussi d’évasion fiscale. La législation helvétique opère en effet une distinction entre la fraude fiscale — c’est-à-dire la soustraction à l’impôt grâce à la falsification de documents, considérée comme un délit pénal — et l’évasion fiscale, passible de simples poursuites administratives, et donc n’autorisant pas la levée du secret bancaire. En parallèle de l’action de l’OCDE s’est développée celle des Etats-Unis. Vous êtes abonné(e) ?
Eight Questions To Ask Before You Start A Business Are you thinking of starting a web business? Starting a PPC Management agency? Setting up your own site and selling things, or building a web publishing empire? Before you start, ask yourself the following eight questions. 1 . Define what service the business provides. Try to focus. McDonalds could, no doubt, provide up-market meals, but they focus on selling quick, cheap food. That is what they do. 2. Who are your customers? Create a mental image of your typical customer. 3. What is your unique selling proposition? If your customers can buy the same services for less elsewhere, or more easily, they will. There is a tendency to model yourself on others. This is not to say doing something wildly new or different is any guarantee of success. 4. This point is so important, it really should be number one. Businesses may have great ideas. Then the bank manager calls. The overdraft has hit its limit and you can’t meet payroll this week. There is no fooling cashflow. 5. 6. 7. Set company goals. 8.
Business Ideas for the Self Employed Several years ago, I had a lovely long-term consulting assignment which kept me both busy and solvent. One morning I woke up and realized that it was coming to an end and I had nothing lined up. After a few moments of panic, I decided to get serious about creating my next income source. Over time, I’ve learned that there are other benefits to this simple technique. There’s an old saying, popularized by Robert Schuller, that goes, “By the inch, it’s a cinch. You can begin implementing the $100 Hour even if you now have a job or other commitments that clamor for your time. A word of warning is in order here. To show you how easy this is and to get you thinking along these lines, I’ll give you some of the $100 ideas that have appeared on my lists and those of others who are joyfully jobless. Every single one of these ideas can be started easily and inexpensively, so there’s no excuse for not getting your own $100 Ideas List started. . . Many people think of concierges as miracle workers.
Why Adult Adoption is Key to the Success of Japanese Family Firms (iStockphoto) What happens when the heir to a family business isn’t up to the job? Not great things, apparently. But the Japanese have a solution: adult adoption. America and Japan have the highest rates of adoption in the world – with one big difference. Mehrotra explains that adopting a scion is similar to a hostile takeover. Tokugawa Ieyasu, first shogun of the Tokugawa period. The roots of Japanese adult adoption trace back to merchants of the Tokugawa era (1603-1867). Unlike China or India, where preference for baby boys is extreme to the point of gendercide, the Japanese have an adage that rejoices in the birth of a girl: You can’t choose your sons, but you can choose your sons-in-law. Today, it is preferred (though not required) for the adopted heir of a business dynasty to marry one of the family’s daughters, becoming a family member twice over. If a potential adoptee is already married, a married couple can be adopted together.