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...capital. That's clearly in Cook's "go back to work, and pay off the credit card" range. And contrary to what most people imagine, most new businesses are not started with risky, new-to-the-world ideas like those of eBay and Google, which promise to transform the way we buy things. Cook reported that when his company launched its Quicken software program, there were already 46 similar products on the market--causing him to joke, "We enjoyed 47th-mover advantage." Columbia University business professor Amar Bhidé found that only 12% of growth-company founders surveyed attribute their success...

Author: /time Magazine | Title: Myth of the Fearless Entrepreneur | 5/22/2008 | See Source »

...Weather Vane" for being able to steer his followers through the ever changing winds of Middle Eastern politics. A former vassal to the Syrian regime, he switched his loyalties to the Bush Administration after the invasion of Iraq, when it briefly seemed as if American military power would transform the region. Now he seems ready to turn again. Sitting in his garden terrace with a few family members and loyal retainers, Jumblatt said that he has spoken with the U.S. embassy to deliver his grim assessment. "The U.S. has failed in Lebanon," he said. "We have to wait...

Author: /time Magazine | Title: Welcome to Hizballahstan | 5/15/2008 | See Source »

...sophisticated surveillance equipment, it also includes funds for more credible training of police, prosecutors and judges - in other words, to start the long-term institutional overhaul advocated by Leahy and others. Indiana Republican Senator Richard Lugar suggested this month that trimming the Merida Initiative would set back efforts to transform Mexican law enforcement, and would "harm U.S.-Mexico relations and broader U.S. interests." Still, Leahy and other Senators may attach conditions on the Merida aid, such as demanding more concrete evidence that Mexico's security forces are being purged of corrupt cops and human-rights abusers. Such demands would surely...

Author: /time Magazine | Title: Can Mexico's Drug Terror Be Stopped? | 5/15/2008 | See Source »

...weather vane" for being able to steer his followers through the ever changing winds of Middle East politics. A former princely vassal to the Syrian Assad regime, he switched his loyalties to the Bush administration after the invasion of Iraq, when it briefly seemed like American military power would transform the region. Yet, despite the fact that Hizballah is perhaps the world's most fearsome guerrilla organization, somehow Jumblatt misjudged the ease with which Hizballah could pull Lebanon back into the Syrian and Iranian orbit. "I must admit that the Iranians are smart and they knew how to play...

Author: /time Magazine | Title: Surrendering to Hizballah | 5/12/2008 | See Source »

...film; it feels like the group effort of Mensa kids let loose in the paint store. More than the story of the Racer family, Speed Racer is the visual autobiography of the Wachowskis and their pit crew of computer-nerd Einsteins, using the tools of their trade to transform the movie medium...

Author: /time Magazine | Title: Speed Racer: The Future of Movies | 5/8/2008 | See Source »

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