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"In one corner of Manoj Bhargava’s office is a cemetery of sorts. It’s a Formica bookcase, its shelves lined with hundreds of garishly colored screw-top plastic bottles not much taller than shot glasses. Front and center is a Cadillac-red bottle of 5-Hour Energy, the two-ounce caffeine and vitamin elixir that purports to keep you alert without crashing. In eight years 5-Hour has gone from nowhere to $1 billion in retail sales. Truckers swear by it. So do the traders in Oliver Stone’s 2010 sequel to Wall Street. So do hungover ­students. It’s $3 a bottle, and it has made Bhargava a fortune."
posted by vidur on Feb 9, 2012 - 59 comments

How Marvel Comics screwed Jack Kirby out of millions
posted by Artw on Feb 7, 2012 - 91 comments

On the Harvard Business Review, Umair Haque talks about creating a meaningful life through meaningful work. The idea of meaningful work seems to be talked about a lot in business circles. What does that say about people in "business"?

Does meaningful work involve science (as a scientist, I say YES!), or should we just be looking for a job, and not work?
posted by source.decay on Jan 31, 2012 - 40 comments

Kitchen Nightmares shows Gordon Ramsay helping restaurants make miraculous turnarounds. Ramsay helped relaunch Austin, Texas's El Greco, but the restaurant still ended up closing. Some people are saying that Ramsay's interference may have been the final nail in the coffin for the restaurant.
posted by reenum on Jan 22, 2012 - 112 comments

Everyone knows America's Oldest Brewery is D.G. Yuengling & Son (and daughters) of Pottsville, PA (and Tampa, FL) This family owned brewery was established as the "Eagle Brewery" in 1829 by a German immigrant named David Gottlob Jüngling. After the original brewery burned down in 1831 it was relocated to its current location. It was built into a mountain with caves dug into the side, a common practice to preserve beer and to achieve the cool temperatures required to make lager before refrigeration. Yuengling spent most of its history as a small regional brewery and only began to attract national attention years after the launch of Yuengling Traditional Lager in 1987, which went on to become the flagship product of the company and now accounts for 80% of Yuengling's production. On the strength of that growth, and with other brewers being bought out by or outsourcing production to foreign companies, Yuengling has now passed The Boston Beer Company to claim the title of America's largest brewing company as well. In this globalized beer era where giants war for market share, products from America's new largest brewer are only available in 14 states.
posted by furiousxgeorge on Jan 17, 2012 - 113 comments

This is why I don't give you a job. Hungarian blogger Jakab Andor breaks down the numbers and explains why taxes and regulations make it highly unappealing for him to start a small business employing people in Hungary. He also argues that these same factors make women and older people particularly unappealing prospects. His comments generated quite a bit of controversy (warning: most comments in Hungarian), to which he responded with an offer.
posted by shivohum on Jan 13, 2012 - 96 comments

If you don’t use the right potatoes, the right oil, and the right fryers, well, you get french fries. And that’s the reason you don’t find Belgian fries anywhere. [more inside]
posted by Trurl on Jan 4, 2012 - 113 comments

Adam Humphreys created a successful business helping people navigate the Chinese embassy's bureaucracy (in a van parked across the street).
posted by reenum on Jan 4, 2012 - 11 comments

On November 22, 2011, TEDxBrussels held an all day event whose theme was: "A Day in the Deep Future." Speakers were asked to try and contemplate what life will be like for mankind in 50 years. Overview. [more inside]
posted by zarq on Dec 28, 2011 - 29 comments

Are you encourages in your place of work by the use of gamification? Congratulations, comrade, you are treading in the footsteps of Soviet Russia!
posted by Artw on Dec 28, 2011 - 50 comments

Farhad Manjoo of Slate argues that buying books from Amazon is better than buying from local bookstores.
posted by reenum on Dec 15, 2011 - 183 comments

Economics blog VoxEU debates Why do we need a financial sector? Serious, important and very dull articles discuss the trade-offs and myths of innovation, and whether the sector is overrated, critical or a contributor to the wider economy.
posted by TheophileEscargot on Nov 22, 2011 - 35 comments

“Someone who is exceptional in their role is not just a little better than someone who is pretty good,” Mark Zuckerberg said recently. “They are 100 times better.” Bull hockey, says Bill Taylor in the Harvard Business Review: great people are overrated. See also Great People are Overrated, II and Malcolm Gladwell's 2002 take on the same theme, The Talent Myth.
posted by escabeche on Nov 21, 2011 - 107 comments

Safety nets: hammocks or trampolines? Academic James Wimberley argues that the supposedly entrepreneurial USA fares poorly on business startups, and attributes this to the relative absence of a comprehensive social safety net.(via)
posted by wilful on Nov 14, 2011 - 44 comments

This had to be the most amazing merchandising operation I had ever seen! I don't remember whether I ate a hamburger for lunch that day or not. I went back to my car and waited around until about 2:30 in the afternoon, when the crowd dwindled down to just an occasional customer. Then I went over to the building and introduced myself to Mac and Dick McDonald. (very previously) [more inside]
posted by Trurl on Nov 1, 2011 - 45 comments

How Dropbox said "No" to Steve Jobs and lived happily ever after. (So far.)
posted by Trurl on Oct 24, 2011 - 110 comments

Lean Publishing is the act of self-publishing a book while you are writing it, evolving the book with feedback from your readers and finishing a first draft before using the traditional publishing workflow, with or without a publisher.
posted by Trurl on Oct 13, 2011 - 20 comments

Are small theaters punching a ticket to oblivion? Radical changes in the traditional structure of the lab processing and exhibition sides of the film industry have been filling the lives of small theater operators with uncertainty and worry for the last few years. Will filmstock be the next Kodachrome? (And what will that mean for the future of film preservation?) [more inside]
posted by bubukaba on Sep 28, 2011 - 36 comments

Marc Andreessen thinks Software is Eating the World
posted by vanar sena on Sep 15, 2011 - 86 comments

How to Make Smart Decisions in Less than 60 Seconds: For each alternative, ask "Is this really me?"
posted by shivohum on Sep 12, 2011 - 168 comments

Has Bruce Wagner pulled off a massive scam on the bitcoin community? Bruce Wagner was for a time the public face of the new electronic currency. He was the go-to guy for journalists looking for insight into bitcoin. He even began running his own online TV network which attracted multiple sponsors. Now, things have begun to unravel for Wagner. MyBitcoin was a bitcoin bank Wagner had heavily promoted on his shows. One day, it vanished from the Internet. When it returned, MyBitcoin claimed to have been hacked and that it was only able to refund 49% of deposits. Wagner's early promotion and history of involvement in equity stripping mortgage scams has led to suspicion that he is somehow involved in MyBitcoin, despite claiming to be one of the biggest victims. [more inside]
posted by furiousxgeorge on Sep 1, 2011 - 448 comments

Start a home business, get rich quick, win financial freedom! If you watch late-night TV, you've heard it all before. But what's the story behind these slick pitchmen and their dubious schemes? Enter The Salty Droid, your ornery metal guide to the corrupt underworld of scam-marketing scum. This charmingly acerbic bot (owned and operated by mild-mannered Chicago dog-lover Jason Michael Jones [inter-view, long talk + transcript]) is a valiant crusader against the vile con-men who bankrupt the elderly and the desperate with beautiful lies. Exposed so far: A shadowy "Syndicate" of frauduct-pushing personality cults polluting the media with blogspam and woo-woo talking points. Boiler rooms in the Utah desert where telemarketers farm credit from easy targets with cunning, probing scripts [PDF]. Powerful politicians bought wholesale. Believers left to die in fraudulent new-age vision quests. It's a soul-crushing beat, enough to make one feel like a regular catcher-bot in the digital rye. But somebody's got to do it -- preferably someone with plasma nunchucks and titanium skin.
posted by Rhaomi on Aug 31, 2011 - 47 comments

The fall of Groupon: Groupon must spend to grow, but must continue growing to cover its operational expenditures.

"As of June 30, Groupon had $680 million in current liabilities -- bills the company has to pay," Business Insider's Henry Blodget pointed out earlier this week. "Meanwhile, Groupon only had $376 million of current assets with which to pay them."
posted by Gordafarin on Aug 20, 2011 - 90 comments

Last week Johnson & Johnson announced that it is lowering the maximum daily dose for single-ingredient Extra Strength Tylenol from 8 to 6 pills per day (from 4,000 to 3,000 mg). [more inside]
posted by hat_eater on Aug 4, 2011 - 54 comments

Times are tough, but one market is doing well: The Rapture. You've got your usual seeds and survival packs and first aid kits, but do you have your Rapture erotica for those long, lonely nights in the bunker? What about an iPhone app so you know when the Rapture occurs? How about informational and inspiring movies? And for those looking to break into the market, BusinessWeek gathers some helpful tips, such as "never give a date for your endtime prophecy."
posted by Ghostride The Whip on Jul 31, 2011 - 35 comments

Scott Kurtz draws and writes one of the Internet's oldest webcomics, PvP. He launched it in 1998 and, since then, has won two Eisner Awards and a Harvey Award for his work. Scott has been a trendsetter for webcomics before, infamously (and frequently controversially) brash in defense of its business model, especially in the face of criticism from old media. Today, he announced that he will be selling product placement in his strips, starting with an arc focused on Magic: The Gathering. This is a webcomics first. Will it prove a boon to the financial success of artists, or a burden on the freedoms they've won? Or will it catch on at all beyond PvP?
posted by gilrain on Jul 22, 2011 - 75 comments

The Craig's List Reverse Programmer Troll
posted by empath on Jul 14, 2011 - 39 comments

No hierarchy, no supervisors, no managers, no bosses. How does the philosophy that "authoritarians cannot impose commitments, only commands" translate into a successful company? [more inside]
posted by hypotheticole on Jul 14, 2011 - 19 comments

A recent study shows that people who drink diet soda tend to have larger waist circumferences over time. But is there an actual link? [more inside]
posted by reenum on Jul 1, 2011 - 83 comments

MySpace was once the big name in social networking, but things changed after being purchased by Newscorp in 2005. An investor group, fronted by Bobby Kotick of Activision, is in talks to buy the beleaguered social network, after several false starts from other interested parties. Want to feel old? A trending topic at Twitter (#WhenIHadAMySpace) has users reminiscing fondly (and not so fondly) about thesite.
posted by codacorolla on Jun 12, 2011 - 101 comments

Boxoffice, an industry magazine for the movie theater business, has been posting back issues dating to 1925. Via Trailers From Hell.
posted by brundlefly on May 26, 2011 - 11 comments

Made in America: small businesses buck the offshoring trend - "For US manufacturing to make sense, factories must make extensive use of automation. That's getting easier, given that the cost of robots with comparable capabilities has decreased precipitously in the past two decades." [more inside]
posted by kliuless on May 20, 2011 - 52 comments

Like the death of Mark Twain, the demise of the printed book is greatly exaggerated, although the latest news from Amazon – which announced that it is selling more ebooks in America than print books for the first time – might suggest the nails are being readied for the coffin. [more inside]
posted by Trurl on May 19, 2011 - 137 comments

-Only an 'energy internet' can ward off disaster
-We must electrify the transport sector [more inside]
posted by kliuless on May 19, 2011 - 58 comments

The Higher Education (Debt) Bubble - "[H]igh and increasing college costs mean students need to take out more loans, more loans mean more securities lenders can package and sell, more selling means lenders can offer more loans with the capital they raise, which means colleges can continue to raise costs. The result is over $800 billion in outstanding student debt, over 30 percent of it securitized, and the federal government directly or indirectly on the hook for almost all of it. If this sounds familiar, it probably should... [more inside]
posted by kliuless on May 17, 2011 - 185 comments

The Surprisingly Undetestable Birth of TGI Friday's In 1965, a young Manhattanite just “looking to meet girls” added some sawdust, fake Tiffany lamps and a coat of blue blue paint to the $5000 bar that became, nearly immediately, NY's first and most popular singles bar, and eventually, the progenitor of one of the US's most popular restaurants.
posted by Plemer on May 14, 2011 - 59 comments

The Sharing Economy (via) [more inside]
posted by kliuless on May 5, 2011 - 12 comments

Go figure: How to succeed in business by doing nothing Article about variability in business and why it is sometimes better to do nothing. "You're a dynamic business leader. Let's say you make widgets - though you might equally make big-budget Hollywood movies. Your widgets, or your movies, vary. Some widgets are perfect, some a tad too long. Some movies make mega-bucks at the box office, some bomb. So what do you do? Well, you're dynamic, so you react, of course. Something must be done. " [SLBBC]
posted by marienbad on Apr 28, 2011 - 16 comments

How Britain's largest corporations helped engineer the release of Abdel Basset Ali al-Megrahi, the Lockerbie bomber.
posted by reenum on Apr 28, 2011 - 10 comments

The poor in Ethiopia are often unable to buy newspapers, so they 'rent' papers for 20-30 minutes at a time from local entrepreneurs.
posted by reenum on Apr 20, 2011 - 26 comments

Rarely is the question asked -- is our business majors learning?
posted by escabeche on Apr 14, 2011 - 98 comments

Indian prison authorities in Hyderabad have opened up a call centre inside the jail with hopes of servicing customers from the UK.
posted by reenum on Apr 9, 2011 - 43 comments

Follow Up: Entreprenuer featured on front page of StartUp Britain speaks out
posted by nam3d on Apr 5, 2011 - 12 comments

With the crackdown on smoking and higher cigarette taxes in New York City, people who sell individual cigarettes, also known as loosies, are rapidly gaining new customers.
posted by reenum on Apr 5, 2011 - 69 comments

As Amazon and the RIAA go head to head over the Amazon Cloud Player (esentially Dropbox with streaming) it seems like a good time to recap the turbulent history of the humble MP3, upender of the music industry business model.
posted by Artw on Apr 4, 2011 - 83 comments

Why StartUpBritain is nothing more than a government backed link farm
posted by nam3d on Mar 31, 2011 - 15 comments

100 years ago today, fire swept through the Triangle Shirtwaist Factory, killing 146 garment workers trapped inside. The tragedy spurred New York State to enact progressive labor reforms and was the motivation for the creation of the American Society of Safety Engineers. Although subsequent labor laws and regulations protect factory workers in the United States, the problem has moved overseas.
posted by pashdown on Mar 25, 2011 - 58 comments

In February, AOL acquired the Huffington Post for $315 million. (Previously) The formation of The Huffington Post Media Group was announced, to integrate content for a new combined, claimed audience of "117 Million Americans and 270 Million Globally." Then, AOL fired 200 US employees (leaving many sites without editorial staff) and began restructuring. Today, they announced that 30 brands, including popular site Slashfood, will be closed or folded into existing Huffington Post sections. [more inside]
posted by zarq on Mar 23, 2011 - 54 comments

How two American kids became big-time weapons traders - "Working with nothing but an Internet connection, a couple of cellphones and a steady supply of weed, the two friends — one with a few college credits, the other a high school dropout — had beaten out Fortune 500 giants like General Dynamics to score the huge arms contract. With a single deal, two stoners from Miami Beach had turned themselves into the least likely merchants of death in history." (via; previously on arms contractors)
posted by kliuless on Mar 21, 2011 - 69 comments

AT&T has announced plans to acquire T-Mobile USA from Deutsche Telekom, creating the largest wireless provider in the United States. [more inside]
posted by ofthestrait on Mar 20, 2011 - 159 comments

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