Rahul ShahEvery time I go to Aurangabad, the city where I spent my formative years, I make it a point to catch up with two of my best school buddies.They joined their family businesses immediately after graduation. They're doing rather well for themselves.Close I can't help but notice the stark contrast in the growth of their respective businesses though. related news Adani Enterpris Standalone September 2019 Net Sales at Rs 2,946.11 crore, down 4.29% Y-o-Y Steps to transfer your PPF account to a different bank or branch Thacker Consolidated September 2019 Net Sales at Rs 1.15 crore, down 36.14% Y-o-Y Rohit, the more laidback of the two, runs a successful automobile business.But he hasn't moved beyond this one shop he operates from. Even now, it wears the exact same look it wore a couple of decades ago.Suraj, the more ambitious one, seems to be on a growth spree.He recently opened a brand-new clothing showroom apart from a big one he already owns. If things go as per his … [Read more...] about Double your income: How a long term stock picking system can help you achieve it
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Check out all of our 2019 Innovation by Design winners and honorees here, and read more coverage of the winning designs here. advertisement As astronauts begin to spend more time in space, they’ll need better access to fresh fruits and vegetables to stay healthy. But growing plants on structures like the International Space Station is no small task: If you were to try to water them in the conventional fashion, droplets would go everywhere. To develop a new planter, NASA tapped Techshot, a company that develops equipment for human spaceflight, and Tupperware, a company with decades of experience in mass-producing food-safe plastics. Harnessing the way plants naturally absorb water through soil (a process called capillary action), the new Passive Orbital Nutrient Delivery System (PONDS) requires astronauts to use a syringe to insert about 17 fluid ounces of water into the planter’s base. Then, feltlike mats slowly absorb water and distribute it right to the seedling … [Read more...] about Why NASA enlisted Tupperware to help it grow vegetables in space
Matthew Wadiak hardly comes off as a simple home cook. He throws around terms like mise en place, béchamel, and commis assuming those of us better versed in Hamburger Helper than haute cuisine will understand. Having trained at the Culinary Institute of America and perfected his trade in Milan and Paris, he can chop onions into perfect cubes with his eyes closed. advertisement advertisement But with Blue Apron, the company he cofounded with former venture capitalist and CEO Matt Salzberg and CTO Ilia Papas, Wadiak brings his formidable skill to your home for just $9.99 per person, per meal. For $60 a week, the subscription dinner kit service sends a box filled with fresh ingredients, all measured out in the exact amounts to make three specific recipes. This week’s options, for example, are chicken pot pie, sauteed flounder with baby root vegetables, and chorizo tostadas, which includes the 2 teaspoons of agave and 3 tablespoons chicken demi-glace you probably … [Read more...] about How Blue Apron Helps Aspiring Home Cooks Get Their Chef On
Editor’s Note: Each week, Fast Company presents an advice column by Maynard Webb, former CEO of LiveOps and the former COO of eBay. Webb offers candid, practical, and sometimes surprising advice to entrepreneurs and founders. To submit a question, write to Webb at [email protected] advertisement advertisement Q. I’ve been working hard, and my company is finally starting to win. How do I ensure that I’m ready for the next stage of the journey? -CEO of Series B company that is starting to scale fast Dear Founder, First of all, congrats. You have a business that’s spinning. That’s amazing. Now your biggest worry is, can you keep up? This is a great worry to have. After all, which problem would you rather be solving for—not doing well, or wondering if you are capable of leading to the next stages of success? advertisement Most people would rather be in your shoes. A long time ago, founders often got … [Read more...] about My company is starting to scale. How do I get ready for the next phase?
With Toys “R” Us having descended into bankruptcy, a group of front-line employees found themselves last year fighting for lost compensation but also pressing for something more fundamental: a chance to be heard by those calling the shots. advertisement advertisement The aim, one worker said at the time, was to “force them to have to listen to us.” No longer. With the Toys “R” Us brand trying to position itself for a comeback, coercion has turned into cooperation thanks to the company realizing this: listening to workers is actually a smart way to run the business. Today, a trio of former Toys “R” Us employees will meet formally for the first time with top executives as part of a “mirror board”—a body meant to have access to key corporate information and provide candid advice, just as the regular board of directors does. Labor advocates say that the model could prove to be an effective means of giving workers … [Read more...] about How a few former Toys ‘R’ Us employees are helping lead the brand’s comeback and putting workers first