October 2013

Energy Chart: Oil Production

Remember peak oil? Someone forgot to tell North Dakota and Texas. After producing a relatively inconsequential share of the nation’s crude oil for many years (fewer than 100,000 barrels per day and only 1.5% of total domestic output), North Dakota’s oil production took off about five years ago when advanced drilling techniques including hydraulic fracturing […]

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The Collapsible Shipping Container

The Economist: Overhauling an industry of which you know little is not easy, but neither is it impossible. In 1956 Malcolm McLean, a trucker from North Carolina, launched the first “intermodal” shipping container, which could be transferred easily between lorries, trains and ships. It revolutionised the transport of goods by abolishing the traditional (and back-breaking)

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Startups Are Killing Off Bosses

At companies like Valve and Github, gone are the managers who boss people around and expect servile compliance. In their place is a flat organizational structure where individuals manage themselves and each other to build awesome things through peer management. These are companies without bosses. Read the rest at Business Insider.

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Today in Entrepreneurial History: October 30

1864 – Helena, Montana is founded after four prospectors discover gold at “Last Chance Gulch”. 1894 – Domenico Melegatti obtains a patent for a procedure to be applied in producing pandoro industrially. 1925 – John Logie Baird creates Britain’s first television transmitter. 1960 – Michael Woodruff performs the first successful kidney transplant in the United

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Young Entrepreneur Opens Own Biz

‎Nanaimo Daily News: A new business opened this week on the increasingly bustling Bowen Road corridor. But this business is a little different from the ones surrounding it in the Bowen Centre complex. Mary Froom, 5, opened Mary’s Market on Wednesday outside of her mom’s shop, Kit N Caboodle Quality Children’s Consignment. It’s just a

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