Tagged: social entrepreneurship

BOSE – The Master of Sound

BOSE – The Master of soundBose Corporation is an audio equipment company popularly known for their high-quality audio systems and speakers for home users, auditoriums and automobiles. BOSE was founded by Amar G. Bose in the year 1964.

During Bose’s engineering days at MIT, he had purchased a stereo system and was disappointed with its performance. This gradually led him to research the importance of reverberant (indirect) sound on perceived audio quality. His research was to focus upon the fundamental weaknesses plaguing high-end audio systems.

It is said that BOSE researched for about 8 years before he made his first loudspeaker product, the model 2201. He finally came to the conclusion that imperfect knowledge of psychoacoustics limits the ability to adequately characterize quantitatively any two arbitrary sounds that are perceived differently.

Bose Corp’s first products were high-power amplifiers produced under contract to the US military. The company that started in with a handful of people is now an international success. Bose subsidiaries, distributors, and manufacturing facilities are found throughout the world.

In addition, Amar G. Bose’s position as chairman and technical director of Bose Corp, he retained his MIT faculty appointment as professor of electrical engineering and computer science. During his tenure, his focus was on acoustics engineering innovation.

In a 2004 interview in Popular Science magazine, he said: “I would have been fired a hundred times at a company run by M.B.A.’s. But I never went into business to make money. I went into business so that I could do interesting things that hadn’t been done before.

On Friday, July 12, 2013 Amar G. Bose died in his home in Wayland, Massachusetts. He was 83. The cause of death has not been declared. Amar G. Bose was firm in his belief that only the best education can lead to the best technology and innovation.

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 a few business lessons to learn from Einstein:

Curiosity is the key

Ask yourself this question: What piques your curiosity? What makes one business to succeed and the other to fail? Always searching for the right mix or the right answer is what drives a business owner. The pursuit of your curiosity is the secret to your business.

Use the power of Imagination

Imagination is everything. It is more important than knowledge. Are you using your imagination in your business? It is always important to remember that imagination pre-plays your future. Are you exercising your “imagination muscles” daily? Einstein once said, “don’t let something as powerful as your imagination lie dormant”. Imagination gives birth to innovation.

Create Value

It’s simple: Time + creating value = SUCCESS

Don’t waste your time trying to be successful, spend your time creating value: value for your customers, value for people and value for society. If you’re valuable, then you will attract more business and therefore more success.

Determination

Through sheer determination and perseverance you can break all boundaries! Are you willing to persevere until you get to your intended business goal? Are you willing to be focused with a clear cut objective and mission? Do you have the tenacity, courage and will power to sail through tough times? A business built on the core values of determination and perseverance becomes the ultimate gainer in prospective.

Be more present

There is a popular saying: “Any man who can drive safely while kissing a pretty girl is simply not giving the kiss the attention it deserves.”

Learn to be present where you are; give your all to whatever you’re currently doing. Multitasking is a killer to productivity and innovation in any business. Focused energy is like burning power, and it’s the difference between success and failure of any business or business owner.

Julian Assange’s theory of scientific journalism

With the coming of the digital age, journalism has taken a whole new dimension. Unlike traditional newspapers that limit the news due to the length of the page, digital technology provides no boundaries in length or size and so primary journalistic and factual documents can be freely hosted and shared.

That is exactly the model that Julian Assange has tried to propagate. Inspired by the philosophies of Karl Popper, according to Julian scientific journalism is the practice of including the main source along with the journalistic facts or story.

On October 4, 2006, Julian Assange launched his notion of scientific journalism called WikiLeaks – a website that publishes submissions of private, top secret, and classified media from anonymous news sources, news leaks, and whistleblowers. The website has faced numerous criticisms and appreciations from around the world. Julian Assange has come under the legal scan since and has become a controversial figure in the field of politics and modern journalism.

The year WikiLeaks was formed, Assange wrote on this blog:

“The more secretive or unjust an organization is, the more leaks induce fear and paranoia in its leadership and planning coterie…. Since unjust systems, by their nature, induce opponents, and in many places barely have the upper hand, mass leaking leaves them exquisitely vulnerable to those who seek to replace them with more open forms of governance.”

A true figure of social entrepreneurship, Julian’s theory of scientific journalism is sure to go down in the history books around the world as a theory formed by a man who had a unique vision and completely changed the way we see facts and news.

Get the intellectual stimulation at the Hacker Hostels

We have heard of dorm style accommodations and hostels in the traditional sense (off course unlike the setup you saw in the film – The Hostel), but have you ever heard of a hacker hostel? Well, as we all know that there are a lot of business incubators in San Francisco that offer entrepreneurs a place to code during the day. However, there aren’t many that offer sleeping arrangements as well.

A hacker hostel is a place where computer programmers, coders, designers and scientists can spend the night for $40. Most of the hostel tenants are 20-somethings who are currently building startups or are in search of inspiration. Every new comer is given a blanket, pillow, towel and sheets. There’s no TV. Also, every once in a while food is cooked for the group.

These hacker hostels are all run by the same management company, Chez JJ, with accommodations in Mountain View, Menlo Park and San Francisco in California. Chez JJ was founded by 28-year-old neuroscientist Jade Wang and Jocelyn Berl. The idea for the hostel came up when Wang had used Airbnb (a community marketplace for people to list, discover, and book unique accommodations from around the world) to rent a room in her apartment; a fellow “nerd” crashed with her. Soon Wang was working on the concept of the hacker hostel.

Like any startup incubator, new comers actually have to be working on something to be accepted. Tenants are screened by hostel captains, all of whom are women. Tenants at the hostel feel very strongly about a community spirit and feel that if we want to do something to change the world and make it a fundamentally better place; we need to be around the right people, hence the hacker hostel.

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 back to the customer’s residence by using various modes of transport.

Most of their employees are illiterate and the last major upgrade this 125 year old organization made to its delivery chain was the bicycle. So far the dabbawalas deliver and return 150,000 dabbas (boxes), or tiffins, every day. As per the Forbes magazine, they have a 6 sigma rating of 99.9999, which means less than one out of every six million deliveries goes amiss.

Their business model revolves around strong teamwork and strict time-management. At 9am every morning, home-made meals are picked up in special boxes, which are loaded onto trolleys and pushed to a railway station. They then make their way by train to an unloading station. The dabbawalas, who all receive the same pay, are also seen as paragons of “bottom up” social entrepreneurship.

Harvard Business School has produced a case study of the dabbawalas, urging its students to learn from the organization, which relies entirely on human endeavor and employs no technology.