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Bill Gates: Good Feedback Is the Key to Improvement

The world’s richest man says everyone needs feedback beyond one-word descriptors.Bill Gates, who recently reclaimed the title of the richest man in the world, took to the stage earlier this month for a TED talk on one of his pet causes: improving the quality of education. Specifically, the Microsoft creator focused on the need of quality feedback for teachers. “We all need people who will give us feedback. That’s how we improve,” Gates told the audience. He continued: “When Melinda and I learned how little useful feedback most teachers get, we were blown away. Until recently, over 98 percent of teachers just got one word of feedback: satisfactory. If all my bridge coach ever told me was that I was ‘satisfactory,’ I would have

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Cambodia shoe factory collapses, killing at least two

As Western retailers such as H&M, Zara, Tesco and others decided to support new safety regulations in Bangladesh garment factories following the building collapse that kill over 1,100 people, it is now Cambodia’s turn to wake up under wreckage. Around 7.20am this morning the ceiling of the Wing Star shoe factory of the Western province of [...]

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How Disruptive Startups Can Prepare for a Lawsuit

Internet television streaming service Aero isn’t the first startup to wage a high-profile lawsuit. Here’s what you can learn from the past.The founder of Willa, which makes a line of skin care products aimed at preteenage girls, was surprised to receive a letter from Procter & Gamble demanding her company’s name be changed because it sounded too much like Wella, a P&G brand of hair care products. That’s because while founder Christy Prunier named the company after her own daughter, P&G claimed it was a trademark violation.Rather than back down, Willa stood up to P&G and garnered so much media attention for her David versus Golliath story that the larger company backed down, opting to settle out of court. While the

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Businesses put pressure on central bank to delay bad debt classification

The lending interest rates are on the decrease, which is hoped to help businesses more easily access bank loans. However, the efforts by the banks to slash interest rates would be useless if the bad debts suddenly increase. More: Businesses put pressure on central bank to delay bad debt classification

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5 Reasons Great Entrepreneurs Always Go to Reunions

Should you go to your school, company, or family reunion? If you’re an entrepreneur, the answer is undoubtedly yes.It’s the time of year for reunions–class reunions, family reunions, corporate reunions, military reunions. I asked a group of entrepreneurs recently for their reunion stories, and I was awfully impressed.You’ll have to forgive me for being a bit biased when we talk about reunions. Last June, I set aside my shock at how fast time had flown and went to my 20th college reunion at Fairfield University. The trip changed my life because I reconnected with my college girlfriend, Karen. We hadn’t seen each other in more than a decade, but things just clicked, and we’re getting married next month.Now, I can’t promise you’ll rekindle

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Where have the deposits gone?

Commercial banks have reported the steady increase in the mobilized capital so far this year. Meanwhile, businesses keep complaining that they lack capital to maintain production and expand business scale. More: Where have the deposits gone?

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5 Thoughts to Make You a Better Salesperson

Do you give up after a few sales calls? Expect new business to come from every networking event? It’s time for a shift in mindset that you can take all the way to the bank.Does the thought of hearing “no thank you” one too many times slow you down? Getting your products and services into the hands of future customers has its challenges, but when we add a fear of rejection to the mix, the challenge becomes monumental. What if you could see no as the magic word that gets you closer to the sale instead of letting it knock the wind out of your sails?It’s entirely possible. Let’s begin by understanding why we take rejection so personally in the first place.If

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Go Rugged: 4 Tough Tablets

Check out the most durable tablets on the market.When you think of tablets, the word rugged doesn’t usually spring to mind. These durable models are designed to withstand a range of abuse, including drops, spills, and even full submersion in water. We roughed them up to see if they’re as tough as advertised.Dell Latitude 10Best for: Smaller budgets A great option in the business-rugged category, the 1.47-pound Latitude has a magnesium-alloy case and durable 10.1-inch LCD screen. The speedy Windows 8 tablet has front- and rear-facing cameras, as do the other models we tested, and an optional fingerprint scanner. It comes with a trial version of Microsoft Office 2010 and lasts 10 hours fully charged. During our test, it survived a 4-foot drop onto a

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