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Brilliant Boutique: 10 Keys To Lasting Small Business Success

Terry Starbucker

And that’s turned out to be absolutely true, because the SaySay Boutique is a shining example of the kind of long-term small business success that happens not by the power of the product, but by the humanity, passion, faith and savvy of the person who owns and guides it. It was a struggle in 2009 during the recession.

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Fast Friday with Tony Hsieh, CEO of Zappos.com (and P. Diddy.

Roundtable Talk

Under this direction, Zappos.com has grown from nothing to over $1 billion in grow merchandise. When it comes to long-term career happiness, money and titles wear off pretty quickly. Twenty, thirty or forty years is a really long time to be doing something that makes you miserable. Don’t you think? Happy leading!

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Why U.S. Grocery Chains Need More (and Better) Store-Brand Products

Harvard Business Review

However, in the UK, the market share of ALDI and LIDL is expected to continue to grow, whereas in France, it’s already declining — back in 2009, hard discounters held a 14.9% In the UK, grocers had long relied on private-label goods to support their profit margins and differentiate themselves from competitors. In the U.S.,

Brand 8
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Divest With Care

Harvard Business Review

And because they tend to do this in haste and under duress, these divestitures are often driven too much by financial exigencies and emergencies, leading to a fire sale that can end up weakening the company over the long term. billion) price tag: Did IBM wait too long to sell this PC-making unit? GE-NBC/Universal. Pfizer Inc.

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Etsy's Hackathon for Good

Harvard Business Review

The company is doing pretty well: it has over 800,000 active sellers and a 15 million-person marketplace across 150 countries, and last year its gross merchandise sales reached $525 million. Etsy is an online marketplace that makes it easy for people to buy and sell all things handmade and vintage. But CEO Chad Dickerson isn't satisfied.

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J.C. Penney's Real Problem: The Shrinking Middle Class

Harvard Business Review

He hoarded information so that individual store merchandisers didn''t know how various lines were performing. This reflects a troubling development in our economy, what some have termed the "hourglass economy." Indeed, in 2009, reporters at Businessweek admiringly observed that J.C. He mocked J.C. Penney''s ways of doing things.

Class 8
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Filing for a Patent Versus Keeping Your Invention a Trade Secret

Harvard Business Review

Wyeth, a pharmaceutical acquired by Pfizer in 2009, was the sole supplier of Premarin. A series of patents were issued on the drug in the 1940s, but long after they had expired, there were still no generic competitors on the market. Insiders know it as Merchandise 7X. 174,465, the most valuable patent in history.