From Fab.com to Blue Apron, NYC hearts innovation, working on purpose, the touchy subject of lending cash or investing in friends, why not knowing is key to finding success, robots on the job, young people like big government… This week’s notable news and tantalizing tidbits for young treps:
1. Innovation in the city: From flash-sale phenom Fab.com to NYC’s homage to rock climbing Brooklyn Boulders, here’s a look at 25 of the most innovative NY businesses. (Business Insider)
2. Got purpose? Whole Foods Market CEO John Mackey may have made unintended headlines recently when he publicly bashed Obamacare, in this podcast he’s decidedly less controversial. He discusses the importance of finding purpose and direction in business. (Duct Tape Marketing)
3. Friends with money: Everyone’s been there before. Whether lending a friend $10 for lunch or $10,000 for a business, lending to friends can put a strain on even your closest relationships. Here, ordinary people weigh in on the debate. (Money Magazine)
4. Embracing your beginner: It’s OK to not know what you’re doing. Dylan Klymenko, founder of Upside Down Grin explains how embracing your inexperience can lead to faster growth, learning, and success. (revolution.is)
5. Making way for robots: In the future, robots may very well complete many of the more menial tasks humans do today — begging the question, what happens to the role of the worker? (Wired)
6. Obama’s idea of government: Unlike President Obama, many of his predecessors called for ending ‘big government’ policies. In his State of the Union address this week, Obama favors the opposite tact. Government can act as a helping hand to business and society overall. That’s also the view also held by many young Americans — at least, those in Missoula, Mont. (New York Times)
7. Show me the money? When growing a startup, finding money can be all consuming. With time already a dwindling commodity, here are five tips for finding startup capital. (Forbes)
8. When to bow out: The reasons may vary, but the reality is most startups fail. Mike McGlade, a failed entrepreneur, shares his experience with trying to launch the social-impact network, Zoosa. (Harvard Business Review)
9. The Startup Act, 3.0: Part economic growth proposal, part immigration reform, this multi-purpose proposal is bringing the two sides of the aisle together and hopefully welcoming some new faces to the startup scene. (Politico)
10. Greedy for Grub: Food ordering hub Seamless is set to process $1 billion worth of food orders a year, and, in 2013, the company expects to generate more than $100 million in revenue. So why is its chief but less successful competitor GrubHub planning an IPO instead? (Reuters)
