International Banking Basics

We keep hearing stories about rich businessmen and corporations around the world opening up Swiss bank accounts and parking loads of money into international banks. We probably wonder about the amount of money these international banks make out of foreign savings and investments. With new businesses emerging out of different industries and economies, International banking…

Learning from Jugaad Innovation

“Jugaad” is a term popularly used in India. It originated from Sanskrit word yugat later converted as jugat, jugad, and jugaad in modern use. It means having a creative idea or an alternative to solve a problem. The theory originated when people found the need to work around creative solutions due to lack of resources,…

Business lessons from Albert Einstein

Albert Einstein was a theoretical physicist, philosopher, author, and is perhaps the most influential scientists to ever live. He published many scientific and non-scientific works and is popularly known for his explanations & research on the Quantum theory. He is considered the father of modern physics and has influenced many modern day entrepreneurs. Here are…

The West Bank “Silicon Wadi”

The West Bank is becoming the budding Palestinian tech sector and though outsourcing contracts are the foundation of the industry there, the business model that the West Bank tech sector looks to is not similar to the Indian outsourcing setup i.e. numbers amplified due to the immense population, but more that of Israel. “Innovation, creativity…

Staying SMALL can help you get BIG

The New York Times recently wrote about companies that physically downsized by moving employees into smaller amounts of space and how they not only saved significant amounts of money, but also increased collaboration, teamwork and efficiency. The idea behind it is not to pack your employees like crabs, but smartly reduce the amount of space…

Dabbawala – The Box person

A Dabbawala is a term used for a person in India, commonly found in the city of Mumbai, who is employed in a unique service industry whose principal business is collecting freshly cooked food in lunch boxes from the residences of the office workers, delivering it to their respective workplaces and returning the empty boxes…

Gardner’s Pursuit of “Happyness”

Christopher Paul Gardner is an American entrepreneur, investor, stockbroker, motivational speaker, author, and philanthropist who, during the early 1980s, struggled with homelessness while raising his toddler son, Christopher, Jr. Gardner’s personal struggle of establishing himself as a stockbroker while managing fatherhood and homelessness is portrayed in the 2006 motion picture The Pursuit of Happyness, directed…

Data Mining – the power of the spreadsheet

Data mining is a method of identifying and extracting hidden patterns from within data. Identifying unusual patterns or behavioral anomalies is the key goal of this process. By analyzing the numbers your business produces, you can see what the normal ups and downs of your business look like on a chart. When something out of…

Learning from the OSCARS

Here’s how the Academy of Motion Picture Arts and Sciences and ABC engaged viewers digitally to bring them closer than ever to the main event — and giving business owners ideas for how to similarly engage with customers: Social-media – This year, Oscar.com launched Oscar Buzz, the site’s social media page to track and provide visuals…

From BackRub to Google.com – the facts

Fact 1 – Google began in January 1996 as a research project by Larry Page and Sergey Brin when they were both PhD students at Stanford University in California. Fact 2 – While conventional search engines ranked results by counting how many times the search terms appeared on the page, the two theorized about a better…

Europe – Small Business, Big World

European small and medium sized enterprises (SMEs) should better profit from fast growing emerging markets, such as in China, India, Russia or in regions like South East Asia and Latin America. This is the key issue to overcome the crisis addressed in the European Commission communication ‘Small Business, Big World – a new partnership to…

World’s Most Intriguing Startups

Scribd uses iPaper which is a rich document format similar to PDF built for the web, which allows users to embed documents into a web page. iPaper was built with Adobe Flash, allowing it to be viewed the same across different operating systems (Windows, Mac OS, and Linux) without conversion, as long as the reader…