Word: modelled
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While fashion's big stores struggle, quirky boutiques are finding success with a different business model: small. At the überhip Confederacy in Los Angeles?where customers sip Gimme Coffee that the owners imported from Brooklyn because they miss New York?the economic crunch has only made the selection more special. "Instead of skimping by selling guys T shirts and jeans because that's what they can afford, we sell what excites people," says Ilaria Urbinati, a celebrity stylist, who buys for the store with partner Danny Masterson, an actor...
...what about the "slow" part? For the investor looking to realize returns, will you ever get there? Yes, says Mark A. Finser, Founder/General Partner of TBL Capital in Sausalito, CA. As a "snapshot of a short period of time" the conventional investment model may look good, but "I fundamentally believe that in the long run there will be better returns" with Slow Money type investments, he says. This is particularly true, he adds, when "we look at investing as an extension of our lives and values." He notes that RSF Social Finance, which invests in enterprises committed to improving society...
...Slow Money investment model - with its local, hands-on orientation - gives business owners the means to stay true to their mission during critical growth periods, says Tom Stearns, President of High Mowing Organic Seeds, an organic seed company in Wolcott, Vermont, who participated in Vermont's Slow Money Institute in November, 2008. Traditionally, when a company takes investment money, that means setting itself up to sell, he says. "How else do investors make money? But if you're mission- or place-based, that's the first thing to go out the window," he says. "I think a new generation...
...there were environmental groups that, when news of what you were doing first broke out, were worried. They thought people already associated environmentalism with giving things up, and they worried that message wouldn't work with people. Do they still feel that way? Colin: For me, there are two models for change. One is a model that works through collective action and politics. And then there is the model that works through individual action and lifestyle change. People in the environmental movement have been working so hard for collective action that when No Impact Man first started to get attention...
...related budget allocations will not be subject to further cuts. In April, Yale administrators said that no more than 100 of the total 9,000 non-faculty employees would be laid off. Harvard has laid off 275 employees, out of a staff of 13,000. The so-called Yale model of endowment management—characterized by significant exposure to nontraditional, illiquid asset classes including private equity—has come under attack in recent years as many university endowments, including Harvard’s, have suffered heavy losses with that strategy in the economic downturn. Yale?...