Showing posts from April, 2015

What Every Young Entrepreneur Needs to Know to Succeed

To help Inc. staffers judge the roughly 550 applicants vying for this year's 30 Under 30 list, we tapped such entrepreneurial superstars as AOL co-founder Steve Case and 30 Under 30 alum Sarah Prevette. The final list reflects their wisdom, keen gut instincts, and ability to see glimmers of future greatness.
We also asked them a few questions that we frequently hear from young entrepreneurs, and we think their answers provide a roadmap for success to just about anyone starting or growing a company. Here are their edited remarks.
Steve Case Co-founder, AOL; founder, Revolution LLC What is the single most important character trait that contributes to entrepreneurial success, and why?  Perseverance is one of the key factors to entrepreneurial success. Some of the best ideas and the most successful companies exist today because someone refused to take no for an answer. When we started AOL 30 years ago, only 3 percent of people were online, and they were online only about …

How This Arkansas Native Turned $100 Into a Million-Dollar Business

The world of fast fashion isn't for the faint of heart. In recent years, stalwarts like Hennes & Mauritz, better known as H&M, and its slightly more upscale counterpart Inditex Group's Zara have led to the near decimation of many of the nation's biggest department stores.
So when Kirsten Stuckey struck out on her own in 2009, at the age of 21, one would hardly have thought she was embarking on what would become the fast-fashion darling of Arkansas--with $4 million in sales last year and $6 million projected for 2015. But as all entrepreneurs know, necessity makes people do the darnedest things.
In the fall of her senior year of college, Stuckey (then Blowers) knew she was going to be out of luck come May. As an interior design major graduating amid the latest recession, she quickly realized there wasn't much hope of getting hired in her field.
Fortunately, plan B also reared its head. While interning with an interior designer, she would refurbish…

15 Quotes from Famous Female CEOs and Entrepreneurs

Female entrepreneurs are the biggest demographic in the 35-55 year old range. While it's common to see 20-something and early 30 millennial males at the helm of startups, particularly in places like Silicon Valley, it's actually women who are creating and leading some of the most established and promising companies overall. Regardless of your gender, it's a good idea to hear what these female leaders have to say. After all, women have more obstacles to overcome than men in the world of entrepreneurship. From dealing with the Old Boys Club mentality to already being at a financial disadvantage when coming from Corporate America, here are 15 quotes by famous female CEOs and entrepreneurs to keep you motivated:
1. On voice and strength, Melinda Gates
"A woman with a voice is by definition a strong woman. But the search to find that voice can be remarkably difficult." This "voice" is your best tool in the board room, when talking to investors,…

Why Facebook is the best company to work for in America

Daniel Goodman/Business InsiderOne of the many perks for those who work at Facebook. See AlsoThe 50 best companies to work for in America Here's the full list of the best companies to work for in America How we ranked our list of the 50 best companies to work for in America Facebook is known for its cool perks, impressive salaries, and great corporate culture.
So it's no surprise that it topped Business Insider's 2015 list of the 50 Best Companies To Work For In America, based on exclusive data from PayScale.
This year, the social-networking site edged out Google (ranked No. 2) and Celgene (No. 6), the biopharmaceutical company that held the No. 1 spot in 2013 and 2014.
Since Mark Zuckerberg launched the site as a 19-year-old Harvard sophomore in 2004, Facebook has emerged as the world's largest social network, shaping how we socialize, communicate, and get our news.
It has over a billion active users, 10,082 employees, and a cutting-edge workspace in Menlo Par…

8 reasons why working at Facebook is better than working at Google

Kobby Dagan / Shutterstock.comFacebook's Mark Zuckerberg hanging out with employees.
This year, Facebook tops the list, ranking as the best place to work in America. The social networking site just beats out Google, which comes in at No. 2.
Clearly, both tech giants are great employers, but why is Facebook a better place to work than Google?
To answer that question, we compared the two companies head to head with the help of data from PayScale and Glassdoor.
1. Facebookers are happier.
Employees from both tech companies are pretty stoked to be there, but Facebook has the edge over Google with a satisfaction rating of 93% compared to Google's rating of 84%, according to employees who completed PayScale's survey.
"Every morning when I go in, I feel like the luckiest guy on earth for ever landing a job here," writes a Facebook data scientist in Menlo Park, California, on Glassdoor.
2. They get more freedom. There are a lot of contributing factors to this high…

Twitter Earnings, Released Early, Disappoint Investors

Photo The Twitter logo at the New York Stock Exchange in 2013.Credit Andrew Burton/Getty Images Continue reading the main story Continue reading the main story Continue reading the main storyShare This Page SAN FRANCISCO — As Twitter has struggled to attract new users, the one bright spot has been its ability to wring more and more advertising dollars from marketing messages shown to the people on its service. Now, under intensifying competition from companies like Facebook, its once-blistering ad growth is faltering — and so is Twitter’s stock. Twitter posted weaker-than-expected financial results for the first quarter on Tuesday and told investors to reduce their expectations for the rest of the year. The quarterly report, which was supposed to be published after the stock market closed, was obtained early and posted on Twitter by the financial analytics firm Selerity. The release sent Twitter shares plunging. Trading was briefly halted so the company could …

Did failed signal cause horror train crash?

THE STARThe impact of the crash caused a carriage to derail and smash into a building on the platform. Picture: Antoine de Ras Johannesburg - The Metrorail train wasn’t supposed to have stopped at Denver station at about 7.10am on Tuesday.
Sources said when the train leaves Pretoria, it stops at a few stations such as Centurion, Kempton Park and Rhodesfield, with Johannesburg Park station the last stop.
On Tuesday, however, the MetroPlus train stopped at Denver station, allegedly because the driver wasn’t getting a clear signal as to whether he should continue with the journey.
“He wasn’t sure about the signal, so he stopped and called signal operators to confirm whether he should go or not,” the source said.
For metro guard Tiisetso Napo, those few minutes of uncertainty over the signal led to her death. The 32-year-old woman’s duties were to check that there…

There’s a mamba in my ceiling...

SUPPLIEDNick Evans with the mamba outside the shack in which it lived with its human occupants.Nick Evans catches snakes as a part-time job. But this weekend he became part of a remarkable story – a number of people sharing a space with a ‘resident’ black mamba. This is his tale in his own words.
Durban - A few days ago I was called out by Chatsworth emergency services to investigate a sighting of a large snake in a shack in Chatsworth, just off Florence Nightingale Road. I went with some firemen at about 8.30pm.
We couldn’t locate the snake. The people living in and around the shack had said they had been seeing the snake regularly, basking on top of the shacks and in a nearby tree. I told them to call me if they saw it again.
Later, I got a call from a woman who lived in the shack. They could see the snake in the roof. I told them to watch it from a safe distance while I made my way there from Sherwood.
When …

Durban bears real cost of xenophobia

THE MERCURYA man in the Point area arms himself as foreigners prepare to defend themselves. FILE PHOTO: Jacques Naude Durban - The true cost of the xenophobic violence that has gripped Durban emerged at a council meeting on Tuesday when officials asked the city’s executive committee to approve R25 million to care for the thousands of displaced foreigners.
Tozi Mthethwa, head of communications at the eThekwini Municipality, told the executive committee that the KwaZulu-Natal province would fund R15m of the costs with the balance - R10m - coming out of the city’s coffers.
The funding would provide the shelters with water and sanitation, electricity, waste removal, health services, transport and staff costs.
According to a report presented to Exco on Tuesday, R5.4m had already been spent housing about 5 376 foreigners, who were being kept at three tented camps around Durban.

New planet discovered in Earth's back yard, may support known forms of life

Astronomers have found a new planet, the closest yet outside our solar system and just an astronomical stone's throw away at four light years, raising the chances of finding a habitable planet in Earth's neighbourhood. Reuters Astronomers have found a new planet, the closest yet outside our solar system and just an astronomical stone's throw away at four light years, raising the chances of finding a habitable planet in Earth's neighbourhood.
Researchers say the new planet is too close to its sun to support known forms of life, with a surface temperature estimated at 1,200 degrees Celsius (2,192 Fahrenheit). But previous studies suggest that when one planet is discovered orbiting a sun, there are usually others in the same system.
The new Earth-sized planet, announced in science journal Nature by Stephane Udry and Xavier Dumusque at the Geneva Observatory, orbits one of the suns in Alpha Centauri, roughly 25 tr…

T Rex's 'bizarre' vegetarian dinosaur cousin discovered in Chile

A bizarre new vegetarian dinosaur has recently been discovered in Chile that was closely related to notorious carnivore Tyrannosaurus rex. Image for representational purposes only. A bizarre new vegetarian dinosaur has recently been discovered in Chile that was closely related to notorious carnivore Tyrannosaurus rex.
Palaeontologists are referring to Chilesaurus diegosuarezi as a 'platypus' dinosaur because of its extremely bizarre combination of characters that include a proportionally small skull and feet more akin to primitive long-neck dinosaurs.
Chilesaurus diegosuarezi was nested within the theropod group of dinosaurs, the dinosaurian group that gathers the famous meat eaters Velociraptor, Carnotaurus and Tyrannosaurus, and from which birds today evolved. The presence of herbivorous theropods was up until now only known in close relatives of birds, but Chilesaurus showed that a meat-free…

Nigeria: GLO Launches National Mobile Health Insurance Product

NIGERIA'S Telecommunications firm, Globacom, has collaborated with the National Health Insurance Scheme and other agencies to introduce a National Mobile Health Insurance Product to assist in improving access to quality health care among the Nigerian populace.
The health insurance product was formally launched in Abuja on Monday by top Globacom officials and senior officials of the National Health Insurance Scheme (NHIS).
At the ceremony, Globacom's Regional Chief Marketing Officer, Ashok Israni, said the package was developed in conjunction with the NHIS to enhance the health care of millions of Nigerians through their telephone handsets.
Israni said: "There are millions of Nigerians yet to tap into the immense benefits of health insurance. This initiative will open a viable avenue for some of these people to come under the health insurance coverage, enabling them to sign up for one of the many Health Management Organisations accommodated in the scheme,&q…

Nigeria: Malaria Vaccine for Children Coming Soon

Medical experts have hailed a malaria vaccine that will prevent millions of young children from catching the disease, which could be available in October after trial results found that it reduces number of cases by half.
Researchers say the vaccine, which has just completed the final stages of testing, could make a 'substantial contribution' to controlling the disease.
Drug firm, GlaxoSmithKline has applied for a licence from the European Medicines Agency (EMA) for the RTS,S vaccine. The news is significant because RTS,S is the first malaria vaccine to reach advanced trials.
Tests were carried out on 15,500 toddlers and babies in sub-Saharan Africa. According to the study published in The Lancet journal, among those who had three doses of RTS,S and a booster shot, the number of clinical cases of malaria - those confirmed by a doctor - was reduced by 36 per cent after four years.
But the protection waned over time, boosters worked less well than the initial do…