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Inc. Magazine

Inc. Magazine February 2016

Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders.

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País:
United States
Idioma:
English
Editor:
Mansueto Ventures LLC
Periodicidad:
Bimonthly
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US$ 19,99
6 Números

en este número

1 min.
4 things to tell yourself when the going gets tough

1 THIS HAS HAPPENED BEFORE. Remember all those obstacles you faced in the past? You overcame them. 2 FAILURE IS THE PATH TO SUCCESS. Don’t shame yourself if you fall short of a goal. Instead, view it as evidence that you’re pushing yourself beyond old limits. 3 THIS WON’T MATTER NEARLY AS MUCH IN FIVE YEARS. Are you sweating the small stuff? Keep in mind that, in the future, the issue of the moment probably won’t matter very much. 4 I LIVE ACCORDING TO MY VALUES. You can’t please everyone, so it’s crucial to stick to your beliefs. Go Beyond the Page You’ll fnd the icon at the left on selected pages throughout this issue. That’s your signal to grab your smartphone or tablet and go deeper with the content on those pages. Here’s how: 1. Download the free…

2 min.
the visionary thing, revised

ONE OF THE MOST APPEALING MYTHS about entrepreneurship, repeated sometimes even at Inc., is that to succeed, you have to be a visionary. You need to be able to see years into the future and disrupt incumbents by getting there first. It’s a charming conceit, and it fits well with the heroic image of Steve Jobs, Elon Musk, and so on. However, business doesn’t usually work that way. True foresight is vanishingly rare, as documented by psychologist Philip E. Tetlock, now at Wharton. Tetlock’s research, famous in behavioral economics circles, tracked thousands of forecasts by experts over decades and rated them for accuracy (incredibly, no one had done that before). He found that expert forecasts were, on average, no more accurate than random guesswork, and the most famous experts were least…

2 min.
cars and bars

“I could build a car, but I’d much rather restore something that has a story.”—BOBBY GREEN, nightlife entrepreneur and co-founder, 1933 Group BOBBY GREEN became obsessed with classic cars after leaving his native Oklahoma for L.A., where he sped down the wide boulevards in a 1957 Chevy. “I’d see all these rad Cadillacs cruising,” Green, 44, says. “Los Angeles injected something into me.” When the time came to replace his ride, he got a ’54 Ford, thus beginning a lifetime of finding, repairing, and racing collectible cars. Last fall, at the annual Race of Gentlemen in Wildwood, New Jersey—an event he co-owns and produces —Green drove a 1922 Whippet Speedster. He recently acquired a sleek, silver HAL dual overhead cam sprint car from the 1930s. “The original paint is still on it,” he…

3 min.
paper chase

AT WINTER SESSION, a bag and wallet maker in Denver, employees not only craft many products manually; they are also encouraged to keep handwritten notes about manufacturing processes. Co-founder Tanya Fleisher says that “writing things down helps you internalize and process the information on a visceral level,” yielding better-quality production. The brain reacts differently— research says better— when you use paper and not a computer. Studies show that students’ performance on tests improves when they take notes on paper instead of laptops, and kids who learn to write by hand are better at recognizing letters than those who learn to write by typing. Other research shows that working on a computer, as opposed to paper, saps concentration and willpower. Cal Newport, an author and professor at Georgetown University, argues in his…

1 min.
the jargonator

CYBER ATTACK KILL CHAIN / • noun. The “kill chain” represents the “seven steps of online crime”—from recon and lure to data theft. It’s a bit like the “seven stages of grief” with the added bonus of having your bank account looted. Source: Lockheed Martin/OZY PHUBBING / • verb. “Partner phone snubbing”— when incessant cell-phone checking damages romantic relationships. (It doesn’t help when your partner is incessantly checking Tinder.) Source: Baylor University NEXT-PATS / • noun. Apparently, Americans who live and work overseas nowadays have more flexible, entrepreneurial, and open mindsets than expats of old. This means venturing outside your Hilton, and ordering food other than a club sandwich. Source: TransferWise HALL OF MIRRORS / • noun. Ensnaring cybercriminals by planting false data across a network so that hackers don’t know what’s real…

3 min.
from moving a football to moving freight worldwide

FORMER NFL TIGHT END Tony McGee, 44, founded the Orlando-based HNM Enterprises in 2004, the year he retired from pro football. He initially focused on Orlando real estate investments, but worked his way into the logistics industry after a conversation at a networking event introduced him to its lucrative opportunities. With six logistics pros, McGee launched HNM Global Logistics in 2011. With his company now included among the Inc. 5000, he shares some pages from his playbook. FIND FOCUS McGee left the NFL with investable capital and a famous name, but lacked business experience and focus. After bouncing from real estate to roofing and other construction ventures, the former Cincinnati Bengal recalled a key lesson he had learned in football: Surround yourself with talent. “You look at some of the great coaches—Bill…