Friday, August 29, 2014

Sell a % of Your Future Income for Cash Now


You can sell a % of your future income to rich backers in exchange for college tuition now.

From Time:

Upstart encourages students to go their own way. This is how it works: Beginning in the spring of their junior year, college students or recent grads—anyone from a poet who wants to start a literary magazine to a business major looking to build a boutique hotel in Brazil—can apply to be an “upstart”. The applicant is screened to make sure they are who they say they are and the company predicts how much money they will make over the next decade. That information becomes their funding rate, which helps determine how much they can borrow and how much they will need to repay. On average, for every $6,000 a student wants to borrow, they must pay back 1% of their income. (Right now, Upstart is very selective about the students it accepts—they want people with high-quality profiles and clear goals—but in the future Girouard says they would like less of the arbitrar of who is funded, so long as a set of minimum requirements are met, and let the marketplace decide.)

Thursday, August 28, 2014

Creativity in Business

Yes, it can be learned. Here's a list of our books on creativity in business.

Frankly, one of the best ways to learn about creativity is by reading a lot of fiction, history, the great books, and experiencing great music and art. You learn so much about connections, human psychology, and the craft of making the imagined real.

Wednesday, August 20, 2014

Book Review: Francis Fukuyama Trust


Why are some societies more economically successful than others?  It is an age old question and Francis Fukuyama believes the issue is trust.

Find his book here. 

Trust allows larger scale economic enterprises beyond the immediate family.  But how does this occur? Fukuyama argues that large private organizations like guilds or church based civic Associations are key. If the state replaces these organizations, trust withers. Somewhat confusingly the author argues that individual rights taken to an extreme are also to blame. Perhaps the author is suggesting a return to paternalistic corporatism?

Read a review here.

Tuesday, August 19, 2014

Finding SWOTs

SWOT = Strengths, Weaknesses, Opportunities and Threats. These are great reports that discuss competition, product development, regulation (important to drug companies among others) and the macroeconomic picture that might affect a company.

Recommended databases:

Business Source Complete – from the main page, scroll down and choose SWOT analyses on the right side and search your company

Marketline Advantage - Type in your company name, get results and then select SWOT on the right side of the screen.

ABI Inform (keyword search your company and the word SWOT)

Friday, August 1, 2014

Finding Case Studies

The best databases for finding case studies are

ABI Inform

Limit under to case study under document type.  


Emerald (do not click on the tab marked "case studies," instead do a keyword search for "case studies" and whatever you are researching. Emerald is management oriented.)

Business Source Complete.(limit under publication type to case study)


Whatever database you use, I recommend you also do a keyword search for case studies and your topic.

Thursday, July 31, 2014

Wikipedia Hoaxes News Roundup

Here are some recent articles documenting maliciously wrong Wikipedia information, and even some articles about entirely fictitious entities. In many cases, the wrong information stayed on Wikipedia for years and was cited by other sources. Food for thought if you are using Wikipedia.

I Accidentally Started a Wikipedia Hoax

The 10 Biggest Hoaxes In  Wikipedia's First 10 Years

Read About the Infamous Nonexistent Battle That Stayed on Wikipedia for Five Years

Wikipedia's own entry on Wikipedia Hoaxes (yes, we know)

Monday, July 28, 2014

Austin Startup Blog

Blog devoted to startups in Austin. These tend to be cool companies: social media, software companies, laboratories and more.

A great resource for finding out how companies attract funding based on their business model and also who's HIRING.