What Entrepreneurs Can Learn from Journalists
From Richard Branson, who began his storied career as a magazine editor, to the Columbian Journalism School, which boasts 40 start ups launched by former students, the two fields are closely related.
What's the Latest Development?
Entrepreneurs are better off taking lessons from journalists than business professionals, says Shane Snow, himself an entrepreneur and former journalist. From Richard Branson, who began his storied career as a magazine editor, to the Columbian Journalism School, which boasts 40 start ups launched by its former students, it seems that being a good reporter equally prepares one to start a business. Above all, says Snow, keen observation and good listening skills are essential to a successful business, yet many business professionals trap themselves by offering solutions to a problem without properly understanding it.
What's the Big Idea?
Where exactly do journalism and starting a business intersect? Telling a good story is essential to grabbing people's attention up front and making sure they leave with crucial information if they decide to check out early. And just as journalists must meticulously fact check their story and be willing to abandon a project if it does not pan out early, entrepreneurs must also learn when to walk away. Finally, the age-old journalism advice to 'cut your story in half' is a lesson well learned by entrepreneurs, meaning "tearing ideas down to their fundamentals, forgoing bells and whistles."
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The 21st century is experiencing an Asianization of politics, business, and culture.
- Our theories about the world, even about history or the geopolitics of the present, tend to be shaped by Anglo perspectives of the Western industrial democracies, particularly those in the United States and the United Kingdom.
- The West, however, is not united. Canada, for instance, acts in many ways that are not in line with American or British policies, particularly in regard to populism. Even if it were united, though, it would not represent most of the world's population.
- European ideas, such as parliamentary democracy and civil service, spread across the world in the 19th century. In the 20th century, American values such as entrepreneurialism went global. In the 21st century, however, what we're seeing now is an Asianization — an Asian confidence that they can determine their own political systems, their own models, and adapt to their own circumstances.
They didn't know it, but the rituals of Iron Age Scandinavians turned their iron into steel.
- Iron Age Scandinavians only had access to poor quality iron, which put them at a tactical disadvantage against their neighbors.
- To strengthen their swords, smiths used the bones of their dead ancestors and animals, hoping to transfer the spirit into their blades.
- They couldn't have known that in so doing, they actually were forging a rudimentary form of steel.
Can sensitive coral reefs survive another human generation?
- Coral reefs may not be able to survive another human decade because of the environmental stress we have placed on them, says author David Wallace-Wells. He posits that without meaningful changes to policies, the trend of them dying out, even in light of recent advances, will continue.
- The World Wildlife Fund says that 60 percent of all vertebrate mammals have died since just 1970. On top of this, recent studies suggest that insect populations may have fallen by as much as 75 percent over the last few decades.
- If it were not for our oceans, the planet would probably be already several degrees warmer than it is today due to the emissions we've expelled into the atmosphere.
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