Borrow a Fix From a Completely Different Industry

Borrow a Fix From a Completely Different Industry

When a business gets stuck, owners usually look for answers inside their own industry. They study competitors, read trade blogs and ask peers what’s working. That’s useful, but it has a limit. Everyone in your field tends to run their business the same...
Hasbro Sold Fabric Scraps and Pencil Cases First

Hasbro Sold Fabric Scraps and Pencil Cases First

In December 1923, three brothers, Henry, Hillel and Herman Hassenfeld, started a small company in Providence, Rhode Island. They called it Hassenfeld Brothers, and they sold textile remnants: leftover scraps of fabric that other businesses didn’t need. It...
Pyrex Was Railroad Glass Until Someone Baked a Cake in It

Pyrex Was Railroad Glass Until Someone Baked a Cake in It

In the early 1900s, railroads had a dangerous problem. Signal lanterns used glass that could crack when hot glass met cold rain or snow, and a broken signal light could lead to an accident. Corning Glass Works, in upstate New York, solved it. By 1908 the company had...
You Were Brave Once. You Still Are.

You Were Brave Once. You Still Are.

THE IDEA The person who took the leap to start this business is the same person facing today’s hard decision. The courage didn’t go anywhere. Think back to the day you decided to go out on your own. Maybe you quit a steady job. Maybe you sent your first...
Every Business You Admire Has a Messy Back Office

Every Business You Admire Has a Messy Back Office

THE IDEA You’re comparing your behind-the-scenes to everyone else’s storefront. Their back office is messier than you think, and yours is more normal than it feels. You know your own business from the inside. You know about the spreadsheet held together...