article thumbnail

Artisans Must Balance the Books

Harvard Business Review

As more people depended on him, he spent his working capital, and the business failed. When I founded the nonprofit African Institution of Technology , I initially focused on helping African entrepreneurs or artisans, especially those with only primary education, develop new skills and market opportunities.

Books 14
article thumbnail

Artisans Must Balance the Books

Harvard Business Review

As more people depended on him, he spent his working capital, and the business failed. When I founded the nonprofit African Institution of Technology , I initially focused on helping African entrepreneurs or artisans, especially those with only primary education, develop new skills and market opportunities.

Books 14
article thumbnail

Why Multinationals Are Doubling Down on Russia

Harvard Business Review

While the middle class has been eroded by currency depreciation and recession, the Russian consumer remains technologically savvy, interested in quality Western brands, and able to spend. And prior to the latest economic challenges, its middle class was estimated to account for as much as 60% of the total population.