THOUGHT FOR THE DAY

Courage

“If you have the courage to begin, you have the courage to succeed.” - David Viscott

TOPIC OF THE DAY

How Entrepreneurs Find Opportunity

In 2003, Jim Poss was walking down a Boston street when he noticed a trash vehicle in action. The truck was idling at a pickup point, blocking traffic, with smoke pouring out of its exhaust. Litter was still all over the street.

There has to be a better way, he thought to himself.

Looking into the problem, Poss learned that garbage trucks consume more than 1 billion gallons of fuel in the U.S. alone. They average only 2.8 miles per gallon and are among the most expensive vehicles to operate. In the early 2000s, municipalities and waste collection services were considering more fuel-efficient vehicles and better collection routes to reduce their overall costs and environmental footprint. Poss was not convinced that this was the right approach.

Read on

LATEST ARRIVALS

Price of everything : the cost of birth, the price of death, and the value of everything in between / Eduardo Porter