Edward Nwmn

A contraction in Russian economic growth is taking a toll on consumer confidence. But while Russian shoppers are spending more carefully, it appears they can’t say ‘no’ to their kids. Detsky Mir, the country’s biggest children’s goods retailer, is anticipating a double-digit increase in revenues in 2013 for the second year in a row and is confident enough about the outlook to begin planning for an initial public offering.

Continue reading »

Clinical psychologist Meg Jay has a bold message for twentysomethings: Contrary to popular belief, your 20s are not a throwaway decade. In this provocative talk, Jay says that just because marriage, work and kids are happening later in life, doesn’t mean you can’t start planning now. She gives 3 pieces of advice for how twentysomethings can re-claim adulthood in the defining decade of their lives.

The Harvard Business Review is offering free reprints of  the May 2013 cover article, “Why the Lean Startup Changes Everything“

Available here

Filed under: Big Companies versus Startups: Durant versus Sloan, Business Model versus Business Plan, Customer Development, Customer Development Manifesto, Lean LaunchPad, Teaching, Venture Capital

India’s Tata Power has agreed to invest in two hydroelectric projects in Georgia that will help the impoverished South Caucasus country transform its mountain rivers into an export revenue stream.

Tata’s vote of confidence is an important boost for Georgia where a fresh bout of political turmoil is driving foreign investment away.

Continue reading »