DAVOS – In a conversation with a fellow journalist here in Switzerland, we settled on an unofficial motto for the attendees at Davos: there’s a lot we could be doing, but we aren’t.
from Photographers' Blog:
By David Moir
Scotch whisky is big business. With sales well over 5 billion pounds per year it’s an industry that has gripped the growing middle classes around the world. Including in countries where sales previously struggled and with drinks industry companies eager to quench that thirst with huge modern computer run distilleries being built around the globe producing more and more of the liquid.
But one thing still remains true in its production, oak casks.
Ping Fu, co-founder of Geomagic, shares her harrowing personal story with Reuters Editor-at-Large Sir Harold Evans. Fu, author of “Bend, Don’t Break,” talks about growing up during China’s Cultural Revolution and how she came to the United States with next to nothing and managed to build her own software company.
At the most recent Pop Up Flea, a temporary Americana brand and menswear bazaar in New York City, one unexpected vendor stood out. Not only was the sheer size of its crowd impressive, but it wasn’t even a traditional retail store. The popular booth featured the watch blog Hodinkee—pronounced ho-dinkey—founded by former UBS consultant Ben Clymer.
While many of us are making merry, it’s hardly the most wonderful time of the year for the accounting staffs at many small businesses.
Suggesting there are shortcuts entrepreneurs can take to improve their chances of success would appear to refute Malcolm Gladwell’s popular “10,000 hours” theory.
In the latest episode of Impact Players, Robert Wolf interviews Jim Koch, founder of Boston Beer Company, the brewer of Sam Adams beer. The two discuss entrepreneurship, the happiness that comes from owning your own business, and of course… beer.
For entrepreneur Maurice Lopes, the plight of today’s small business owner is epitomized by a cartoon that depicts a bunch of people staring through the window of a bank, while a policeman swings a club to try to get them to disperse.
Eric Blinderman, who had to shut down his two upscale New York restaurants for a week in the aftermath of Hurricane Sandy, said the approaching fiscal cliff could mean a “double whammy” for his business heading into the busy holiday season.
For some, Hurricane Sandy has meant more work for their small businesses. With some 250,000 cars destroyed by the storm, one auto wrecker is suddenly very busy, but that isn’t necessarily a good thing. In this Reuters TV spot Sally Maggio, a New Jersey car garage owner, explains why this boom in business is actually undercutting her profits.