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Celebrating Failure: The Power of Taking Risks, Making Mistakes, and Thinking Big...
...hiring a toy-industry gun, in the form of new CEO Martin Hitch, a veteran of Mattel and Hasbro. Penbo and Prime-8 were introduced in Europe this year, using local distributors. But the company, whose revenues are approaching $4 million, wants to crack the U.S. market and its big retailers. With the selling season for next year under way, Hitch will help Bossa Nova get six products into...
...person outfit like Bossa Nova, or 100 firms like it, will never replace the jobs at the big steel plants that once defined Pittsburgh. Palmer and Skaff wanted best-in-class manufacturing; for robotic toys, that means China. But Skaff says Bossa Nova is by no means constrained by child's play. He sees a company that can grow with its customers. "As the children age, they will be familiar with our toys," he says. "We will introduce robots that accompany them in their lifestyles." In other words, personal robots, born in Pittsburgh...
...every year. If you are retired, give your nest egg time to replenish by forgoing for five years any distribution increases you had planned to offset inflation. That simple step puts the odds of not outliving your money back in your favor, according to T. Rowe Price. (See 10 big recession surprises...
...literature - children's books, no less. But by the end of The Children's Book, it's hard to imagine the young men who christened Peter Pan Trench as harboring any illusions about not growing up or sharing Peter's view that "to die will be an awfully big adventure...