lsmidt

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5 Ways to Foster Creativity

If we don't make the philosophical shift to teach critical thinking instead of rule-following memorization, our very status as an economic superpower will soon be in jeopardy.<p>Ever since the 1950s, children have undergone a test for tracking their creativity, in similar fashion to the IQ test. …

At Eataly, Local Suppliers Are the Key Ingredient

This story appears in the November 2014 issue of <i>Entrepreneur</i>. Subscribe »<p>Just because Eataly’s New York City flagship closes to customers at 11 p.m. doesn’t mean the store shuts down: Its massive bakery oven burns bright 24 hours a day, 365 days a year. The wood-burning oven—imported in pieces from …

New York City

There's A Huge Risk In Larry Page's Focus On Big, Ambitious Ideas

Page's big, world-changing ideas are called "moonshots." His moonshoot ideology was captured best by Steven Levy in Wired almost two years ago :<p>Larry Page lives by the gospel of 10x. Most companies would be happy to improve a product by 10 percent. Not the CEO and cofounder of Google. The way Page …

Digital Advertising

Richard Branson Responds To Elon Musk's Criticism; 'We're About To Prove Him Wrong'

<b>Henry Blodget</b>: Most management gurus preach the virtue of focus. They'll say you have to focus on one thing, learn how to do it great, crush everybody else. How does Virgin succeed doing dozens of things in dozens of industries?<p><b>Richard Branson</b>: It's interesting. When we started diversifying from …

Richard Branson's Secret to Competing Against Giant Competitors

When Coca-Cola drove his company's soda from the market, Richard Branson learned the secret to taking on big, established brands.<p>Virgin Cola was poised to become a worthy rival to Coca-Cola and Pepsi when it started outselling both beverages in Britain. Virgin founder Richard Branson was so …

12 Intriguing Laws Of Business Power

A number of my UC Santa Barbara entrepreneurial students have asked my opinion of Robert Greene’s The 48 Laws Of Power, prompting me to check it out. Given the book’s commercial success, I had high hopes. Sadly, I was disappointed by Greene’s Machiavellian cynicism.<p>When I later learned that Mr. …

6 Quotes on Management From Business Leaders

Whether you're a seasoned thought leader in management or you just scored your first management title, everyone can use a little encouragement, inspiration, and role modeling.<p>It takes a lifetime to achieve the kind of business leadership success you imagine today, and it's a practice--similar to …

We Have Entered The Golden Age Of Hardware Hacking

Hardware is the new hotness. This has been true for some years now: but today, the acorns planted by Arduino, TechShop, Kickstarter, lean prototyping, etc., are finally beginning to sprout into oaks. The best thing about this year’s Disrupt SF conference was that its Startup Alley boasted far fewer …

Secret, The Anonymous App Worth $100 Million, Launches A Spin-Off Notification App Called 'Ping'

Ping has no tie to Secret's flagship app; it came out of a company hackathon. It's a simple notification tool that pushes topical content to your phone's locked homescreen.<p>"We were fascinated by the idea of an app that could tell you what you need to know, right when you need to know it," Secret …

10 Lessons Every Entrepreneur Must Learn

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>As entrepreneurs, we all follow our own path. For some, the rise to financial success is a long, slow, painful process. For others, things just seem to magically fall into place. I believe that the latter isn’t a result of magic, however, …

Entrepreneurship

Wall Street CEO Gives His Employees 10 Life Lessons He Wants Them All To Learn This Summer

The lessons are in the form of an imagined summer reading list. The books he lists are made-up, but within each title is a lesson he wants everyone to learn.<p>Here's the email he sent to his employees:<p>In keeping with our strong desire to maintain maximum focus and momentum in August and into our …

My 7-Day Work Week Experiment

This story originally appeared on Buffer<p>Recently, I religiously tried to follow a new routine I created for myself: a 7-day work week routine.<p>The idea was quite simple: I would work 7 days a week, rest 7 days a week, go to the gym 7 days a week, reflect 7 days a week. This was less about working …

Productivity

The Game-Changer: How You Can Drive Revenue and Profit Growth with Innovation

How you can increase and sustain organic revenue and profit growth . . . whether you’re running an entire company or in your first management …

The Future Of Smart Things Is Dumb

Frog’s ex-chief creative officer: There’s a better way to embed intelligence in our lives than surrounding ourselves with needy gadgets.<p>Last weekend, I spent several hours updating the firmware for some lightbulbs in my home. Yes, I did a <i>firmware update for lightbulbs</i>. They’re smart lightbulbs, and …

The Former CEO of Ogilvy & Mather on Personal Branding

Shelly Lazarus has been building brands at Ogilvy & Mather for more than 40 years. When she joined the agency in 1971, she was one of few women in the advertising field. Twenty-six years later, having steered successful branding efforts for clients such as IBM, Ford, American Express and Unilever, …

Management’s Three Eras: A Brief History

Organization as machine – this imagery from our industrial past continues to cast a long shadow over the way we think about management today. It isn’t the only deeply-held and rarely examined notion that affects how organizations are run. Managers still assume that stability is the normal state of …