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Inc. Magazine

Inc. Magazine May_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
SUSCRIBIRSE
US$ 19,99
6 Números

en este número

1 min.
4 ways founders make fools of themselves

1 FEEDING YOUR FEARS Nothing worth achieving isn’t scary. What makes you anxious shouldn’t keep you from trying new approaches. 2 HOLDING ON TOO STRONGLY—AND TOO LONG The best leaders accept their mistakes, learn from them, and—above all—move on. 3 IGNORING YOUR INSTINCTS Data doesn’t predict everything. Great entrepreneurs know when to trust their gut. 4 BEING A PERFECTIONIST Find the balance between doing your absolute best and getting things done on a deadline. TOP VIDEOS INC.COM/INCLIVE Rebecca Minkoff Co-founder of the Rebecca Minkoff fashion label “Slow down, get all your ducks in a row, and get everything ready before you jump.” INC.COM/PLAYBOOK Randy Komisar Partner at Kleiner Perkins Caufield & Byers “What we’re looking for is that exceptional person, on that exceptional mission, and a journey we can join them on.” INC.COM/AUTHOR/GARY-VAYNERCHUK Gary Vaynerchuk CEO of VaynerMedia “Do your damn homework.” “It consumes you the same way falling in love…

2 min.
what makes an inc. story an inc. story

LOTS OF PUBLICATIONS want to write about entrepreneurs these days, even those that built their reputations covering corporate giants. Who can blame them? Builders like you make much better stories than the stewards of Goldman Sachs, Walmart, and other traditional business darlings. Of course, the mainstream business press hasn’t always recognized that. I know. I used to work there. A few years ago, I watched as my boss at one such title—an offshoot of a brand famous for ranking the nation’s 500 largest corporations—proposed to his boss the heretical idea that we cover more startups. “If you do,” the executive stormed, “you will never get another dime of funding from me.” That magazine has just opened a new section about entrepreneurs. Welcome to the bandwagon. Still, writing for entrepreneurs does not come…

2 min.
the wind at his back

“You turn off the motor and it’s quiet, you’re drifting, and there’s a nice little flow.”—SPOON SINGH, co-founder, Kona Brewing Company O N A RECENT cloudless Thursday, Spoon Singh, a co-founder of the Hawaii-based beermaker Kona Brewing Company, watched the sun set from his sailboat, off the coast of Marina del Rey, California. Five friends were aboard, throwing back beers and listening to some pretty out-there funk streaming from the speakers of The Indulgence, Singh’s boat. “My religion is very simple these days,” says Singh, who wears a strand of clear beads around his wrist. “Basically, watch the sun set and enjoy life and appreciate the day being on the water.” In 1994, Singh and his dad founded Kona, which they sold in 2010. (In 2015, its sales were $100 million.) While Singh…

3 min.
clearing the air

THERE ARE MANY nontraditional policies at Namasté Solar, an 11-year-old designer and installer of solar energy systems that’s based in Boulder, Colorado. But it’s not Namasté’s commitments to sustainability and democratic decision making that evoke a reaction when co-founder Blake Jones confers with fellow CEOs. What gets them talking, he says, is salary transparency. “A lot of other CEOs are shocked,” Jones says. “They’re like, ‘Wow! I can’t believe you do that.’ ” Pay transparency may be a muchdiscussed idea of late, but only a few, mostly small, trailblazers have adopted it. When, in January, President Obama proposed a requirement that all companies of 100 or more employees report salaries (as well as each worker’s gender, age, and job group) to the federal government, he was heading in a direction that could…

1 min.
the jargonator

DEEP WORK / • noun. “Intense sessions of distraction-free work.” It’s a retronym—a new term that clarifies a concept rendered ambiguous by modernity. Others include “natural childbirth,” “black-and-white film,” “phone call,” and “plain English.” Source: Deep Work by Cal Newport CLOUD BROKER / • noun. Cloud traffic will top 6.5 zetta bytes by 2018, so we need a “cloud broker” to “manage multiple hybrid cloud environments.” We’ve never trusted clouds. They are responsible for tornadoes. Source: ITProPortal.com KERCHUNKER COMPANIES / • noun. Safe businesses that “grow their earnings” like clockwork: “ker-chunk, ker-chunk, quarter after quarter, year after year.” Know what else makes that noise? Slot machines! Source: Blog.runnymede.com UNICORPSE / • noun. A dead unicorn—a company that fails to retain the magic billiondollar valuation. Next up: a boom in underfunded, undervalued startups called My Little Ponies. Source:…

1 min.
things to ask before going transparent

• DOES YOUR COMPANY HAVE A SHARED CULTURE? At social media firm SumAll, openness about pay fuels an ongoing discussion about priorities and promotions. “No one ever gets super disgruntled, because if they feel bad, they just say so,” says CEO Dane Atkinson. At Namasté Solar, says CEO Blake Jones, “extreme transparency is one of our company’s core values and is a critical element to our company culture. We can’t afford to have harmful hierarchies that result from who’s in the know and who isn’t.” • HOW OLD ARE YOUR WORKERS? Millennials share everything, even salary information, writes compensation expert Howard Risher in a 2014 blog post, “Like It or Not, Pay Transparency Is Coming (so Better Get Ready).” If you have young workers, Risher argues, “pay confidentiality will be impossible to maintain,”…