Tuesday, November 19, 2013

What drives US entrepreneurship

How does running a business differ around the world? In a new series, the BBC News Website is speaking to successful entrepreneurs from around the globe about the secrets of their success, and the challenges they have faced. In the first instalment, three US business people explore what drives American entrepreneurship.

Tom Ryan is just your typical, easy-going American entrepreneur - he wants to take over the world.

Mr Ryan is founder of restaurant chain Smashburger, one of the fastest-growing companies in the US.

From just one outlet in Denver in 2007, it now has more than 150 branches nationwide, and will later this year open its first foreign sites in Kuwait, Canada and Costa Rica.

Europe black friday sale and Asia are then due to follow.

Aiming to reach 500 black friday discount US branches within the next few years, Smashburger's current global ambition is for ultimately 2,000 international outlets.

Mr Ryan, a restaurant industry veteran, says: "Everyone said the burger industry in the US was too crowded for a new entry, but I was sure there was a place for a new chain offering much higher quality than the established players."

Backed by a private equity firm, Smashburger was immediately popular with American consumers, and its expansion quickly started.

Mr Ryan adds: "Obviously I'm delighted with how things have gone. I knew we had a strong concept, and therefore a fighting chance."

Search engine

Smashburger is far from unique in the US.

Continue reading the main story “Start Quote

The welfare states across Europe have not helped boost entrepreneurship, because governments have told people 'don't worry, we'll look after you' instead of 'you have a unique contribution to make'”

End Quote Julie Meyer Ariadne Capital Starting a business: Ask a question

The likes of Google, Twitter and Facebook may not make hamburgers, but all three were also just start-up businesses not too many years ago. Facebook was only established in 2004, and Twitter was not set up until 2006.

Facebook was first started in a university dormitory, and Google's early days were based in a garage.

But as the US continues to produce a wealth of start-up companies that quickly grow to dominate their marketplaces, what are the reasons behind America's continuing entrepreneurial success - and can they be copied?

And are successful entrepreneurs born or bred?

Californian Eric Ries may be just 33, but he's a Silicon Valley veteran.

With a number of technology sector start-ups behind him, "some successful ones, and some failures", he is now an in-demand start-up adviser, and author of The Lean Start-Up.

Mr Ries says that when it comes to supporting entrepreneurship, the US has some key advantages over Europe and other parts of the world.

"There are definitely cultural factors in the US's favour, perhaps most importantly a willingness to tolerate failure," he says.

"In Europe if you fail in business you are going to find it very difficult to borrow money the next time around, but in the US it is almost seen as a useful experience to have gone through."

Mr Ries adds that this all makes American entrepreneurs more willing to take risks.

Smashburger has 150 outlets across the US

"On top of this, some European countries have very high personal liability levels for entrepreneurs, which is a terrible mistake," he says.

"Regulations are also lower in the US for smaller firms. Add all these together, and you can see the advantage the US has.

"But it is not all one-sized, there are still some great firms in Europe."

'Smaller governments'

Julie Meyer is a US entrepreneur who lives and works in London, where she is chief executive of investment fund Ariadne Capital.

This invests £55m per year in early stage technology businesses.

Ms Meyer agrees that more Americans are willing to take a chance on starting up their own company, which she says is a "cultural thing".

"But I don't want to stress the US market too much. I believe we have excellent entrepreneurs in the UK, it is just the available financing and tax policies that lag behind.

"The UK government needs to cut taxes for small firms to help spur growth and act as an incentive.

Eric Ries says entrepreneurship is a teachable quality

"Overall this would mean more successful small firms and therefore more tax revenues."

Looking across Europe in general, Ms Meyer says generations of left-leaning governments have held back entrepreneurship.

"The welfare states across Europe have not helped boost entrepreneurship, because governments have told people 'don't worry, we'll look after you' instead of 'you have a unique contribution to make'," she says.

"Instead governments need to be much smaller, with more focus on individuals. And we are now heading in that direction, because European governments suddenly realise they cannot afford to be so large."

'Right stuff'

But if European nations want to copy more of American-style entrepreneurship, how easily can this be achieved? Or is it simply that more entrepreneurs are born in the US?

Mr Ries says: "I'm definitely not one of those people who say that entrepreneurs are born with the 'right stuff'.

"It is teachable, but countries have to change their cultures and rules to help support successful start-ups. That's the US's cultural advantage."

Julie Meyer also says she doesn't believe entrepreneurs are born.

"You aren't born, rather I think entrepreneurs are nurtured," she says.

Julie Meyer says the UK has excellent entrepreneurs, but finance is an issue

"My father was an entrepreneur, so I realised it was not the easiest choice to make. But I knew it was what I wanted to do, and I had that experience to draw upon."

Smashburger's Tom Ryan says that while entrepreneurs may have "a little bit of creativity that is not inherent in others", the first two key factors to success in business are your product and your business model.

He adds: "The third is work with great people, you need these to make everything come together. Entrepreneurs can't work on their own."

Monday, November 18, 2013

Kicking Off the Holidays with the Mark Wahlberg Youth Foundation

Timberland volunteers with Mark and Jim Wahlberg

A group of Timberland volunteers gave up a Sunday morning during this busy holiday season to share some joy with kids from the Boys and Girls Clubs of Greater Boston.  Each year, the directors of the various clubs identify the kids with the highest needs, and they receive an invitation to attend a very special holiday party hosted by the Mark Wahlberg Youth Foundation (MWYF).  Timberland has been a part of this event for the past three years, providing our iconic yellow boots to the children that attend.

Timberland boots are just one of many gifts given at the party.  This year, the kids let out a raucous scream of excitement when they learned that they would all be going home with a brand new Play Station Vita.

As Jimmy Wahlberg, director of the MWYF told the Timberland Mens Chukka Timberland volunteers, the party is held in the spirit of the Wahlberg family’s Christmas and the notion of ‘paying it forward.’  While theirs was a family of limited means, Jimmy says that his parents always made sure that their nine kids had presents under the tree on Christmas morning.

A special treat for the kids and volunteers alike this year was that Mark Wahlberg himself attended the party.  While carrying one of his own children, he reminded the young group of party-goers, “when all you guys grow up and become successful, make sure you give back to the kids that need it, ok?  Don’t forget about the kids in the community.”

The video below showcases some timberland damesshoenen of the highlights from the day.  Our thanks to Anchor Line Web & Screen Works for capturing the experience in video and photos, and to the Mark Wahlberg Youth Foundation for giving us the opportunity to be a part of this memorable holiday tradition.

Turning Trash into Sustainable Treasure

There are plenty of media reports today about the lack of progress in Haiti … and it’s true that 6 months after the country was rocked by a devastating earthquake, there are still too many people suffering and too many critical needs that continue to be unmet.  But there are also many organizations working hard to help Haitians get back on solid ground and, importantly, prepare for the future.

Earthship Biotecture designs and builds self-sufficient houses that:

are constructed using natural and recycled materials (such as cans, bottles and tires), heat and cool themselves naturally via solar and thermal dynamics, collect their own power from the sun and wind, harvest their own water from rain

“Earthships” have been built all over the world – and just a few weeks ago, a small team from Earthship Biotecture traveled to Haiti to start a project there.  What started as a reconnaissance mission turned into full-fledged construction, with the following Earthship built in just four days:

The entire building was constructed from garbage found within a mile of the build site; 40 Haitians from the nearby tent city helped to build the earthquake and hurricane-resistant structure, and learned the skills they’ll need to replicate the construction on their own.

The Earthship Biotecture team will return in October to integrate Earthship systems into the structure (water harvesting, solar / wind power, heating and cooling, etc.).

To learn more about the good work Earthship Biotecture is doing, both in Haiti and in other parts for the world, please visit their website.

Sunday, November 17, 2013

You are moving with by gajanan mishra

You are moving with your house, my dear
Your house is your body, keep it with you
So long as you are here.

In your house you remained
Like one dull deaf and dumb
And stay free from the influence
Of the worldly atmosphere.

Be careful you may fall down
At any moment here
O my dear, just remain silent
Despite all mistreatment.

Come UGG SHORT out from your house, O my dear
When your Master calls you in your house
He is there in the heart to rescue.

US Mercury astronaut Scott Carpenter dies at 88

Scott Carpenter, one of the original members of the lulu lemon outlet canada Mercury 7 - Nasa's first group of astronauts - has died aged 88, his family has announced.

In 1962 Mr Carpenter became the second American to orbit the earth, piloting the Aurora 7 spacecraft through three revolutions of the earth.

After retiring in 1969 he took up oceanographic activities.

John Glenn, who flew the first orbital mission, is the last surviving member of the Mercury team.

Scott Carpenter's wife, Patty Barrett, said her husband had suffered complications following a stroke in September and died in a Denver hospice.

He lived in Vail, Colorado.

Mr Carpenter, who was born in Boulder, Colorado, was commissioned in the US Navy in 1949 and served as a pilot during the Korean War.

Overshot landing

In April 1959 he was selected as one of the original seven Mercury astronauts and underwent training with Nasa, specialising in communication and navigation.

He was the backup pilot for John Glenn during preparation for the first US manned orbital space flight in February 1962, and gave the historic send-off to his teammate: "Godspeed, John Glenn.''

During his own flight, Scott Carpenter's capsule landed 288 miles away from where it was meant to, leaving Nasa and the nation waiting anxiously to see if he had survived.

The Navy recovered him from the Caribbean, floating in his life-raft with his feet propped up.

In a joint lecture with John Glenn 49 years later at the Smithsonian Institution, Mr Carpenter recalled his feelings from that time.

"You're looking out at a totally black sky, seeing an altimeter reading of 90,000ft and realise you are going straight up. And the thought crossed my mind: What am I doing?''

Scott Carpenter did not go back into space but later joined the US Navy's SeaLab II programme and in 1965 spent 30 days under the ocean off the coast of California.

After retirement COACH TOTE sale he founded his company Sea Sciences, working closely with diver and researcher Jacques Cousteau.

The Princess Bride to be adapted for the stage by Disney

Cult hit film The Princess Bride is to be adapted for the stage by Disney Theatrical Productions, according to Variety.

A decision has not yet been reached on whether the comic fantasy-romance will be a play or a musical.

cheap couch outlet link

The film, directed by Rob Reiner, was based on William Goldman's book and the cast included Cary Elwes, Robin Wright, Mandy Patinkin and Billy Crystal.

Walt Disney Studios chairman Alan Horn was behind the deal, Variety said.

Disney has already successfully adapted The Lion King for the stage and it celebrated its 5,000th stage performance in London's West End in 2011.

The Princess Bride is one of several films being developed for the stage with Disney, including Shakespeare in Love, Alice in Wonderland, Dumbo and Freaky Friday, Variety added.

It said that Disney's stage version of Aladdin recently began a preview run in Toronto, Canada prior to travelling to Broadway in LULULEMON JACKET the spring.

Saturday, November 16, 2013

Obama agonising on America's global role, continued

President Barack Obama's speech to the United Nations was in some ways a distillation of his policy swerves of the last month, a continuation of his public agonising about America's role in the world.

And that is not necessarily a bad thing.

It won't be what is most talked about, for there were enough headlines:

His demand for a "strong" UN resolution with "consequences" if Syria fails to act on chemical weapons His urging that Iran and Russia should abandon Syrian President Bashar al-Assad Putting the Middle East peace process on equal footing with Iran's nuclear programme in the list of US diplomatic concerns His warm words of hope towards Iran, and the possibility of a negotiated solution to the crises that have loomed over the world

There is a lot of red meat to be chewed over in that little lot.

Multiple-choice speech

But he also asked the question that frequently lies behind the use of American, and Western, military might, but goes beyond the question of national interest.

On the one hand there was the choice of "standing callously by" as children are gassed. On the other, "embroiling ourselves in someone else's civil war".

“Start Quote

Treating people like grown-ups is not always good politics”

End Quote

He asked if the world would allow another Srebrenica or Rwanda, or stand by and allow the "cold logic of mass graves".

He asked if Libya would be better off with Gaddafi still in charge, mired in dreadful civil black friday for sale war.

Rhetorical flourishes, you might think.

He argued that there was no such thing as an American Empire, but that the country was exceptional, acting not just in its own interests, but those of others.

He said the danger for the world was not a US too eager to engage, but one that might disengage and leave a vacuum of leadership.

But he provided no fast rule, no easy measure for the hard decision of when to use its muscle. And he has not really answered his own question on Syria.

It is easy to mock his multiple-choice speech. Treating people like grown-ups is not always good politics.

Black Friday jordan

But he is urging Americans, and the rest of the world to answer the question, when to intervene and when to leave well alone, and to think what that choice implies.

It is an odd, conflicted style of leadership: a philosopher king in a world that doesn't like, but at least understands, the cowboy who shoots from the hip.

"We live in a world of imperfect choices," Mr Obama said.

That line seems more like a conclusion than a passing phrase on the way to greater certainty.