“Luxury experiences are far outperforming any other sector in luxury goods today...”June 2, 2015 4:00
Best of the Web: 24 September 2010
Tips to Raise a Young Mogul; ITunes for news; Nine rules for rebooting your business; The 25 Countries That Will Be Screwed By A World Food Crisis; Internet explorer 9.
September 24, 2010 12:43 by Rasha Reslan
15 Tips to Raise a Young Mogul
Kipp’s pretty sure that, whatever our parents had in mind for us, they wouldn’t have been too upset if we’d grown up to be a mogul of some description. Or maybe a magnate. Alas, it was not to be, and here we are grafting on the Middle East media scene, where the closest we come to moguls and magnates is the people we write about. But what about our own offspring: Wouldn’t you want to have one of your children become a mega-successful entrepreneur of some kind? Yes we know, you’d love them no matter what, but you wouldn’t complain if they had the cash to keep you in old age, either.
For those who fancy siring a self-made millionaire, Forbes has put together a list of tips to help encourage them. From the rather obvious, “Look for signs” to the humble, “Put it all in context,” these tips will help you help them on the right path.
ITunes for news: Look out, publishers
At first glance, it’s sounds like genius, and the obvious answer to every newspaper editor’s dreams: Apple is developing a digital news stand, according to Business Week, that will handle subscriptions for newspapers and magazines through the iTunes store. It could be just what the newspaper industry needs to save it from oblivion: imagine if they could get all their old subscribers back through the likes of the iPad, but with no printing costs?
Well hold on a minute. What seems like an object of real hope might not turn out to be, according to this article. Even ignoring the cut of revenue Apple would take for the service, and the control it would wield, what price can newspapers put on their subscriber databases – proprietary information that offers immense value to advertisers?
Nine rules for rebooting your business
Are you a leader? If so, now is the time for you to step up, and change you enterprise for the better. That’s the message from Business Week, and contributor Jill Morin sets out nine rules here to help you harness success. “Be willing to let go of the way things are now,” she says as a first rule. “Share ownership in the change,” is number three. Okay, so it’s nothing you haven’t heard before, but it’s worth reading this as a refresher. As she points out in rule nine, there is no plan B. This is it.
The 25 Countries That Will Be Screwed By A World Food Crisis
Yes, we were struck by the cheery headline too. Japanese investment bank Nomura has produced a research report detailing the countries that would be crushed in a food crisis, and Business Insider has a helpful slideshow. Their description of a food crisis is a prolonged price spike, and they calculate the states that have the most to lose with a special formula including average GDP per capita, the share of food in total household consumption, and net food exports as a percentage of GDP.
We won’t tell you who’s at the bottom of the pile (that would spoil it), but we will tell you that Lebanon comes in a disturbing fifth.
Finally, a 21st Century Browser from Microsoft
Microsoft is a company that knows how to step up to the plate, according to Time magazine. Just when you think the mighty PC giant is losing its grip, it comes back with a vengeance, and so it is with the company’s new Internet Explorer. The product is only in Beta testing, but is already winning rave reviews from tech users that have tried it out. “This browser is so on top of next-generation Web technologies, in fact, that it has zipped ahead of most of the Web itself.” Kipp is not normally so geeky, but somehow this article gets us excited.