Developed And Developing Countries
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Armen Berjikly, Founder and CEO of Experience Project, discusses his transition from corporate life to founding his own company. Berjikly talks about the challenges of bootstrapping his company: dealing with the loss of stable income, juggling jobs to make ends meet, and developing the alpha product.
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Randy has learned from years of starting companies that he has developed an addiction to risk taking. A benefit of young companies is that it is easier to take risks because of the size. There may be nay-sayers, but Randy's advice is to ignore them and continue on with your plan.
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William Sahlman, professor at Harvard Business School, talks about the four key elements of an entrepreneurial venture: 1) People, 2) Opportunity, 3) Context and 4) Deal. He illustrates with the example of John Osher who developed the spin toothbrush.
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Michael Cox and D'Artagnan Scorza join the Education for Sustainable Living Program (ESLP) speaker series. ESLP is a student designed, student developed, and student facilitated program offered through UCLA's Institute of the Environment.
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Tilenius talks about how eBay has the technology for wireless integration but the demand for wireless notices is not high enough. In Germany they have a wireless provider who sends users messages if they have been outbid, she says. Besides Korea and Germany, other countries do not have high penetration for wireless trading, she adds.
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Byers talks about how a great business plan can be developed. He uses Sahlman's alignment model to explain that an opportunity has to be in alignment with resources, people and context for deals to get completed.
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Kavita Ramdas, President and CEO of the Global Fund for Women stresses that the United States is presently in a secure position and stable than most other parts of the world. She believes that it is right time to build the true spirit of entrepreneurship. She stresses that civilizations from other countries are all a part of the global community.
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Reedy explains how a company goes from 3 billion to 30 billion. eBay has less that 1% of the retail market in most cases. Management believes that eBay should do more of the stuff that they are already doing. eBay will expand to new countries and work at categories like business and industrial. The company plans to achieve this goals of 30 billion using its platform and by learning from the buyers and sellers, she adds.
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Mandelbaum moved into the outdoor toy market because she loves sports and outdoor games. She is thriving at Monitor because they focus on companies that have developed innovative applications for technologies that exist, rather than brave new world startups.
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The basic principles of political geography; the “red and blue” map of the United States; different ways of mapping U.S. presidential elections; differences in voting behavior between national elections and state and local elections; electoral geography in selected foreign countries.
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Autodesk prices and packages its products differently in different countries. Bartz discusses how Autodesk has been successful doing business in emerging markets. She talks about the importance of looking at wage standards and labor standards of the country when selling global products like AutoCad across the world.
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eBay has about 5000 pages that must be localized, says Tilenius. Hence, eBay plans to reduce pages, keeping the important functionality and making it easier to go from country to country. However, the countries where eBay is present have more similarities than differences. Thus, eBay only has to be customized in a few areas, including language and message boards, she adds.
