Trust Your Own Research

Ten years ago, there were fewer than 2,000 Starbucks stores around the world. Today, that number is well over 16,000. Along the way, the price of a Starbucks share went from $ five to $40. Then something happened. The number of stores kept going up, but the share price did not. In fact, it dropped below $20 and has stayed there for the first half of 2008. Howard Schultz, who led the company in...

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  • Informal Micro-finance
    Reza Mohammed does not fit your normal idea of a banker wearing a pin-striped, buttoned-down shirt, spewing financial jargon at you. He does not have a 9-to-5 job, nor a stunning wife who drives a class ‘C’ Mercedes. But he lends money like a banker. And he does it at 30%, inflation or no inflation, RBI rules or no RBI rules; and manages to collect a lakh or more per day in equated...
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    An Enterprise for Entrepreneurs

    General Georges F Doriot, born at the turn of the previous century, was a world-class professor at Harvard University, the moving force behind the creation of another world-class management school, INSEAD, in France, a soldier for America in World War II, and the father of institutional venture capital. He was a Renaissance man (actually a Frenchman), who truly flourished in the open,...

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