Economics @ ITT

“There is no such thing as society.”

Posted in economics by ittecon on September 18, 2013

And, you know, there is no such thing as business. There are individual men and women, and there are families. And no business can do anything except through people, and people must look to themselves first. It’s our duty to look after ourselves and then, also to look after our neighbour.

Recasting Margaret Thatcher’s Speech to Conservative Party Conference where she proclaims, “there is no such thing as society,” 9 October 1987, replacing “society” and “government” with “business.”

25+ years on, on it just struck me. Of course, there is society; there is government; and there is business. Look after your neighbours.

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5 Costly Lessons From A Kickstarter-Backed Designer

Posted in economics by ittecon on June 4, 2013

The din started on May 7, 2012, the day Fawcett and his colleagues at Fuse Chicken, a four-person design outfit in Akron, Ohio, launched their first Kickstarter campaign. They were trying to raise funding for Une Bobine, a product of Fawcett’s design that stuffed an iPhone charging cable inside a metal gooseneck, allowing it to double as a flexible docking station and makeshift tripod. It was a simple, clever idea, and the team set out with the modest goal of raising $9,800 to put it into production.

via 1 | Life After Kickstarter: 5 Costly Lessons From A Kickstarter-Backed Designer | Co.Design: business + innovation + design.

How 15 of the world’s top brands got started

Posted in economics by ittecon on November 30, 2010

This MSNBC article tells how 15 of the world’s top brands got started, from Coca Cola to Nike.

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