Working parents can network by arranging "power play dates" on which kids can play while moms and dads discuss business, writes Laura Vanderkam. For best results, ensure that kids are of similar ages and able to play together nicely enough that constant behavior corrections aren't necessary, adds Vanderkam.
Several factors might make an entrepreneur look legitimate and attractive to investors, Tony Featherstone writes. Investors look for entrepreneurs who are giving their startups their undivided attention and who have real need for their companies to succeed, he writes. "The best sign is usually a founder putting their own hard-earned savings into the venture," he writes.
A Thai doctor has given a young elephant a prosthetic leg after it was crippled by a land mine. The project, which cost only $30, showcased the potential of reverse innovation to find new solutions at remarkably low prices. "It's about shifting the price/performance paradigm: about offering a lot of value at an affordable price," David Zax writes.
If you're a young entrepreneur managing older employees, it's important to remember you're in charge, Justin Moore writes. "[B]e the leader, and don't treat employees differently because of their age," he advises. At the same time, avoid seeming overconfident.
After attending Columbia University and working in the technology industry, Philip James got bitten by the wine bug and started Lot18. The flash-sale site has about 750,000 registered users and is signing up about 1,000 people per day, James said. "Part of the beauty of what we do for the consumer is to make the whole experience really simple," he said. "You tell us where you live and we'll figure out which wines we can get to you legally."