One of the most important business lessons is also the simplest: success is often the result of making more good decisions than bad ones over time. The question is how to do that.

The editors of TIME for Kids spoke with seven incredible young innovators. They’re using STEM (science, technology, engineering, and math) and their imaginations to invent new solutions to problems faced by people around the world.

In 2016, Erin Smith, then 16, watched old videos of Michael J. Fox. She recalls noticing that “when he laughed or smiled, it came off as emotionally distant.” The early symptom of Parkinson’s is called facial masking, and for a science-fair project, Smith chose to explore it. She filmed some 15 nursing- home residents as they watched Super Bowl commercials, then screened their expressions using off-the-shelf facial- recognition software.

Image: Illustration by Aiste Stancikaite for TIME

Not all startups are designed for venture capital. There are several criteria that VC’s look for when deciding whether to deploy capital or not. There is a reason for that. Some companies are just not capable of utilizing such a massive influx of cash. Startups need to have the ability to scale quickly and take over the market. These startups are also expected to pull this off within 3 to 5 years. As much as I would like to say that everybody can use this growth accelerator to achieve domination, I, unfortunately, cannot. Here are some guidelines to determine whether venture funding is right for you.

More people are working remotely and in most cases they are doing it alone. This is responsible for 20% of remote workers saying they struggle with loneliness. This according to the 2020 State of Remote Work Report by Buffer and AngelList. As more people work remotely, it is important to ask what trends are growing across the remote work landscape? Finding the answers to the issues remote workers face now is especially important because more of the workforce is going to be working this way.

Today 69% of employees in the United States say working at home improves their mental health. And a whopping 90.4% of employees believe working flexible hours can help with their mental health. Almost half of employees (46%) say they don’t feel like they have enough support at work. That specifically applies to their mental health.

A separate study by FlexJobs, reiterates the benefits. Working at home has become critical for some employees. According to FlexJobs’ 8th annual survey, 73% of employees consider work-life balance a leading factor when looking for a new job.

Even though billionaires can pretty much choose to live wherever they want to in the world, it seems like most of them prefer the same few places.

There are 1,732 billionaires in the world currently. 15 countries dominated in terms of how many of them live there, according to the M&A broker firm Latona's, which analyzed five years of a wealth report compiled by the real estate company Knight Frank.

The first letter of Buffett's report was dominated by his thoughts on GAAP accounting rules. In 2019, the company earned $81.4 billion, broken down into $24 billion of operating earnings, $3.7 billion of realized capital gains and a $53.7 billion gain from an increase in the amount of net unrealized capital gains that exist in the stocks we hold. Each of those components of earnings is stated on an after-tax basis.

Register Now for the 6th Annual BioHealth Capital Region (BHCR) Forum held on April 14-15 at AstraZeneca in Gaithersburg, MD. Join your peers biotech and life science executives and expert speakers from industry, academia, healthcare, government, finance and real estate development, among others, converged to discuss the BHCR’s path forward to becoming a top three U.S. biotech cluster by 2023.

Deadline to Apply – Fifth Annual BioHealth Capital Region Crab Trap Competition

Opportunities abound for every investor looking for deal flow. Conversely, there have never been so many opportunities for entrepreneurs to pitch, network and mingle with investors. No matter what space you are in – fintech, biotech, edtech, cleantech, medtech – the world of investor showcases is exploding. Nevertheless, whatever the stage of your technology, there is nothing like a “warm” introduction and a few surefire ways of getting investors to take a look at you:

Deloitte has announced the key technology trends that will impact business in the next 18 to 24 months in its annual Tech Trends report.

The report, now in its eleventh year, looks at the opportunities for new technologies in business, the risks that they pose and the companies acting as pioneers for their use.

Nick Smith, the partner in technology strategy and transformation at Deloitte, explains: “Digital transformation promises to overhaul business in unpredictable ways.

“Technology leaders must assess the opportunities landing on their doorsteps, and act decisively on those which have the potential to solve their business challenges. Fundamental to successful digital transformation will be employees and customers being confident in using new applications, and trusting the way data is being handled.

Is it time to quit my job? This is a question we’ve all asked ourselves at one point or another. Most people wait until they feel they must leave their job or organization, and that puts them at a disadvantage. They might end up choosing an “exit job” rather than the right next career step.

In this episode of the Inside the Strategy Room podcast, senior partner Erik Roth talks with Beth Comstock, former vice chair of GE, about the challenges corporations face in developing breakthrough innovations. Beth is an innovation leader who spent almost three decades at GE, where for a time she headed GE Business Innovations, which develops new businesses, markets, and service models. She recently published Imagine It Forward: Courage, Creativity, and the Power of Change (Currency, 2018). This is an edited transcript. For more conversations on the strategy issues that matter, subscribe to the series on Apple Podcasts or Google Play.

Cincinnati, Ohio (Tuesday, February 11, 2020) – Speaker, thought leader and CEO of MOFI, Shawn Nason, announced a new adventure in the world of innovation and disruption, with the acquisition of Innovation Excellence, the acknowledged online home of the global innovation community.

Since 2006, founders Braden Kelley, Julie Anixter, Rowan Gibson and Dean DeBiase have grown Innovation Excellence into the popular crowd-sourced innovation platform, with a roster of over 32,000 subscribers and 47,000 connections on LinkedIn.

Image: https://www.innovationexcellence.com

Have you ever had a coworker who seemed like they could do everything that you do, only faster? They write emails in record time, they finish their work on projects before you, and they always seem on top of their tasks and responsibilities.

You hear it all the time: a colleague using an IT term incorrectly or relying on corporate speak to make a point. Here are phrases our community would like to erase from business and IT speak

Focusing on needs-driven innovation, suggests Cala Health founder and chief scientific officer Kate Rosenbluth, is one way to beat the long odds stacked against entrepreneurs. She describes her own early needs-generation process in the healthcare space, and explains how she framed those observations into a formal needs statement that guided Cala Health’s trajectory.

With today’s interactive social media and the real-time Internet, both customers and employees see inside your company easily, so you can’t hide your real company culture. At the same time relationship perceptions have become the biggest drivers to customer loyalty and employee engagement. Thus in every business, big or small, culture can make or break your success.

Image: https://blog.startupprofessionals.com

What’s in a name? On Thursday of this week, business leaders, journalists and officials gathered for a briefing on Britain’s newly-minted Global Talent visa system. Organised by Tech Nation - a government-backed body tasked with supporting the development of the innovation economy - the event provided an opportunity to explain how the new regime would function and how it would differ from its “Exceptional Talent visa predecessor. 

Image: Gerard Grech, CEO, Tecg Nation TECH NATION

The actual purpose of a lead investor is somewhat debated. A basic understanding of their role is that they are the first corporates to invest a hefty sum in a startup’s vision, plan, product, and/or service. It’s risky business. Although lead investors may not be the largest investors a startup encounters in its lifetime, they play a crucial social, and obviously, economic role for a startup’s launch into a market. Lead investors are social proof that an entrepreneur’s idea is worthy of becoming a reality. In the words of Alexander Cremades, securing a lead investor gives a startup and their funding request, legitimacy, social proof, lower perceived risk for others, and creates confidence in their venture.