You Don't Have to be New (To make it in Business)

You Don't Have to be New (To make it in Business)

When Thomas Edison Invented the Lightbulb he got it Right on the First Try. Oh wait no. That's the most fraudulently untrue thing anyone has ever said about Thomas Edison. Picured: Without question the words of someone who knew exactly what they were doing the whole time. Beyond discovering thousands of ways to incorrectly assemble a lightbulb, Edison leaned heavily upon the contributions of other inventors, talents, scientiests and luminaries of his time to accomplish his "invention", and while being... Read More

By: zoe Friday July 30, 2021 comments Tags: Startups

Startups, Risk, and the Minimum Wage

Startups, Risk, and the Minimum Wage

When the First Federal Minimum Wage was presented to Congress, it was not widely Supported. When it was presented in 1933 in the National Industrial Recovery Act Congress overturned it on the grounds that it was Unconstitutional. It wasn't until Franklin Delenor Roosevelt presented it as part of the New Deal - The Fair Labor Standards Act of 1938 - that it was enacted in the sum of $0.25/hr (about $4.60 by the standard of 2017). Since that time, the Federal Minimum wage has served as a National Standard - partially upheld by Federal... Read More

By: zoe Friday July 23, 2021 comments Tags: Startups