worthless impossible and stupid how co daniel isenberg

[...]... Originally the company had planned to launch all over the country at once, trying to create a new national brand, with a ticket price of fifteen pesos Now, instead, the company decided to focus on dominating just Mexico City, which controlled 40 percent of the box office revenues in Mexico and which was (and is) the single largest Spanish-speaking movie market in the world Controlling Mexico City, the... world economy—the flow is conservatively estimated to be about $300 billion per year, an amount roughly the size of each of the economies of, for example, Switzerland, Singapore, and Chile In some countries, in fact, such as Mexico, remittances account for up to 20 to 30 percent of the national gross domestic product (GDP) However, the vast majority of both senders and recipients lack bank accounts—the... amounts of money back home was inconvenient in terms of time and cost: a bank wire transfer of $200 could cost $25–$40 for the wire fee, take three days, and require that the recipient have a bank account and pay currency conversion commissions on top As a result, both banked and unbanked remitters used the ubiquitous money service businesses and became used to paying the exorbitant fees Check cashing... no preconceived notions He could deconstruct what was off-kilter in the supply and demand of the legal world, and he could do so with the analytical skills of an HBS grad The law school offered Shah $1,000 per month and travel expenses for the project—but also something more valuable: the Harvard Law School calling card to get into the offices of the general counsels of some of the Fortune 100 companies... in Mexico, and Davila, Fastlicht, and Heyman saw the possibility of creating huge value in bringing the idea to a market that was still relying on the “brick -and- stick” model: “You bring a brick to sit on and a stick to beat away the rats,” jokes Davila Single-screen theaters, uncomfortable seats, unappetizing concessions, and cheap, government-controlled ticket prices were the norm in Mexico in 1994... going to study and become a professional in all aspects of finance Someday, once I was prepared, I was going to do something, maybe create a new kind of bank, to give good people opportunity.” Over the next few years, after completing his stint in Mexico, Tochisako was rotated to Ecuador and Peru “Every single chance,” he says, “I raised my hand and tried to understand as much as I could to become a financial... and in-house corporate counsel with sophisticated legal support, including document review, contract management, litigation support, regulatory and legislative compliance, and legal research In essence, Clutch Group does some of the most complicated, time-consuming, and detailed work traditionally done by expensive law firms for a fraction of the cost—using Clutch’s global network and proprietary software... Carl Bistany, deconstructing an established industry and completely reconceptualizing it “I know my chances of success will be less than fifty percent because nobody has ever accomplished this,” Tochisako says “But I’m betting all my expertise and know -how that I can make this work.” With $430,000 from savings, friends, and cofounders, Tochisako established Microfinance International Corporation (MFIC)... discussion and debate, as it raises many issues related to the ambitions we all have to improve the societies we live in I will confess up front that many of these issues are weighty and exceedingly complex, and I don’t always have satisfactory answers for them as they touch on income inequality, economic development policies, and the role of personal gain But let’s take a first look at some of the Worthless. .. they accomplished in fact changed the local cinema culture and, in a market of close to twenty million people, dominated that market and made $300 million for their investors and themselves And I am not sure how much even the one innovation—chili and lime juice—contributed to that “When I speak to potential entrepreneurs,” Davila reflects now, “I tell them, don’t expect that the sky’s going to open and . Entrepreneurial Ecosystem in Your City WORTHLESS, IMPOSSIBLE, AND STUPID WORTHLESS, IMPOSSIBLE, AND STUPID HOW CONTRARIAN ENTREPRENEURS CREATE AND CAPTURE EXTRAORDINARY VALUE DANIEL ISENBERG with Karen Dillon HARVARD. live and correct at the time of the book’s publication but may be subject to change. Library of Congress Cataloging-in-Publication Data Isenberg, Daniel J. Worthless, impossible, and stupid : how. FOR WORTHLESS, IMPOSSIBLE, AND STUPID “In this provocative book, Daniel Isenberg shatters stereotypes and clarifies the often misunderstood concept of entrepreneurship. His inspiring real-life