Periodically the news is riddled with stories about how the airlines are teetering on the brink of bankruptcy. Lately the focus of doom and gloom commentary has shifted to finance and insurance companies, but that doesn’t mean that the airlines are doing any better. There’s one company that is seemingly never in the conversation about struggling airlines - Southwest Airlines. If you’ve ever flown Southwest, you probably know why. They do things differently, and it makes flyers happy. Even though it seems like almost no one can succeed flying commercial routes, Southwest continues to impress. Air travel isn’t going anywhere - it’s too important to us, so forget about all the bad things that you hear about the airline industry, and start thinking about an internship at Southwest Airlines. Continue reading about Southwest Airlines…
Sometimes stories are too good not to repeat. “The Birth of a Shoe Company” as told by Kenneth Cole is one of them.
Twenty years ago, I wanted to open a shoe company with limited money. From experience I knew one had to get in quickly because so often new companies run out of cash flow before they get the chance to conduct business. I also knew it was easier to get credit from factories in Europe who needed the business than from American banks that didn’t. So I lined up the factories, went to Europe, designed a collection of shoes, and returned to the states to sell them.
At the time, a shoe company had two options. You could get a room at the Hilton and become 1 of about 1100 shoe companies selling their goods. This didn’t provide the identity or image I felt necessary for a new company, and it cost a lot more money than I had to spend. The other way was to do what the big companies do and get a fancy showroom in Midtown Manhattan not far from the Hilton. More identity, much more money too.
I had an idea. Continue reading about Kenneth Cole…
Better World Books
Posted on Thursday, May 1, 2008
We first found Better World Books when we were looking for non-profits jobs to write about for One Day, One Job (in case you were wondering, here are non-profit internships). We quickly realized that they weren’t a non-profit, but a “for profit social venture.” That means that Better World Books operates with the goal of profitability, but they donate all profits to non-profit organizations such as Books for Africa, Room to Read, and the National Center for Family Literacy. It’s a really cool model that seems to be working well for them. Continue reading about Better World Books…
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