When W. Berry Fowler decided to give up his formal teaching career to open a tutoring business in 1979, he had no idea he was at the forefront of a revolution.
His single location center at the Sylvan Hill Medical Center in Portland, Ore., eventually grew into Sylvan Learning: the largest for-profit tutoring company in the country, spurred on by a transformation in the U.S. educational system.
Note: originally posted on Knowledge@Wharton
Despite an unemployment rate hovering at 6.7%, American businesses still struggle to fill jobs, with executives saying there’s a lack of innovative minds to lead new projects. But it seems the blame for this can be placed on the C-Suite, with leaders overlooking entrepreneurial-minded employees who are actively pitching the next big thing. Companies are wasting innovative energy by failing to support ideas. Business strategist and best-selling author Kaihan Krippendorff explains how this jobs dilemma is hurting progress and how business leaders can fix it.
Alexandre Wentzo, CEO of Casewise, shared with us the exciting news that his firm has reached a milestone most start-ups fail to achieve. The company just turned 25. Here is a thoughtful, clear set of lessons anyone can draw on to give their companies the best chance of achieving longevity. In his own words:
An entrepreneur who has launched 19 companies, and created over 50 million human life years as a result, shares his approach to recognizing opportunities.
It seems to me it all comes down to this moment: it’s 5:30a.m., and while I write, shivering in a still-cold house, my kids are warming my bed, which they stumbled into last night. When the world is calling you back to sleep, how do you know the opportunity you keep waking up for is the right one?
The success of your career or business depend on your ability to recognize and move on opportunities before they disappear. How do you that job offer is the right one for you? How do you know it the idea that popped into your head at Starbucks this morning is one worth committing to?