advertisement advertisement A couple of months ago, as I boarded my plane home to Australia, I found a large brown envelope waiting for me on my seat. Neat handwriting on the envelope said, “A personal note to Mr Lindstrom.” My curiosity was piqued. Inside was a bunch of newspapers and a handwritten letter. It explained, “We’ve noticed you’ve been away from home for some time, so we thought you might enjoy some local news before we get you safely back.” I’m a firm believer that anyone with any kind of business savvy will aim to over-deliver and under-promise. Yet, for some unknown reason, the opposite seems to hold true. Perhaps this belief dates back to when I was a young kid obsessed with Lego. I’d get the box and build the car, the helicopter, the castle or whatever, and always at the end of each project I had a couple of spare Lego bricks. I treasured these almost more than the finished toy, and regarded them as a special … [Read more...] about Pinched By A Virgin
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advertisement advertisement Have you ever stopped to consider how remarkable Wikipedia is? The online encyclopedia represents arguably the greatest collection of knowledge and information ever assembled–and the overwhelming majority of the work in creating and maintaining it has been done by unpaid volunteers. On the surface, the success of Wikipedia makes no sense–how could (and why would) a team of volunteers possibly complete such a massive undertaking? The answer has repercussions for leaders and business owners in every industry: Money isn’t everything. In fact, a sense of purpose is more important than the size of a salary when it comes to inspiring top performance from employees and team members. That doesn’t mean that money isn’t important, and it doesn’t mean that you can slash paychecks without fear of consequences. But it does mean that money alone is not enough to inspire the type of passion, dedication, and peak performance … [Read more...] about The Wikipedia Way Of Motivating Your Employees
advertisement advertisement Motivation is a hot topic year-round, but particularly in January, the month of fresh starts, checklists, and lofty goals. It’s the time of year we try to figure out how to prod our employees to excel, to hit and surpass ambitious targets. Happy, motivated employees are, simply, good for business. “Research shows that when people work with a positive mind-set, performance on nearly every level–productivity, creativity, engagement–improves,” Harvard Business Review reported in its January/February 2012 story “Positive Intelligence.” “Happy employees have, on average, 31% higher productivity; their sales are 37% higher; their creativity is three times higher.”—Harvard Business Review So what’s the best way to get it done? Pay up. Money, of course, is a key motivator for many employees. And financial incentives do work to motivate employees–but only to a … [Read more...] about The Weigh-In: What’s The Best Way To Motivate Your Employees?
advertisement advertisement Eric Kuhn, 41, is the founder and CEO of FoundersCard, which offers networking opportunities, discounts, and perks for entrepreneurs and innovators. Since its founding at the end of 2009, FoundersCard, which is profitable, has been growing steadily–but more slowly than Kuhn might let it, since part of its value comes from its exclusivity. How’d you get the idea for FoundersCard? It was when I was on the roadshow for Varsity Books [his first company], which was going public, back in the Internet 1.0 days. The investment bankers were coordinating all the travel. Every night I stayed in a different city. I remember staying at amazing hotels: the Mandarin Oriental, the Four Seasons. I remember talking to [the bankers], asking, How much does this cost? It turned out they could travel in this kind of style because they received these incredible deals because of who their companies were. That struck me as odd, that it was the investment … [Read more...] about Fast Talk: How FoundersCard Brings Exclusivity To The Startup Set
advertisement advertisement Google Maps is a lifesaver. But the mapping technology behind Google Maps isn’t just good for highway directions and bike routes; it can also find methamphetamine labs and track gang activity. Experts in the growing field of geospatial predictive analytics use cutting-edge algorithms and data analysis techniques that can do everything from predicting terrorist activity to preventing auto theft. The larger field that geospatial predictive analytics is a part of–geographical information systems (GIS)–uses data points and specialized software to turn maps into sophisticated analysis tools. Although the work is a far cry from something as sexy as you’d see on Breaking Bad, the GIS field is booming; firms specializing in computer-driven map analysis are hosting conventions, holding hiring fairs, and developing specialized software. Max Lu, a professor at Kansas State University, developed a novel method of finding meth labs through … [Read more...] about Google Maps Help Predict Meth Labs Before They Open