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☆ Want a brilliant side hustle or business idea? Stop waiting for a 'lightbulb moment,' experts say
▼ + stars: | 2023-11-17 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +1 min

A great business idea will never strike you like a lightning bolt out of the blue. One of their top takeaways: There's no such thing as a "lightbulb moment," where a fully-formed idea for a successful business suddenly pops into your head. "There is this myth that as an entrepreneur, you should have a lightbulb moment: You wake up one day [and] see the light: 'This is an idea worth pursuing.' You go after it, you raise funds, you become successful, blah blah blah. The "lightbulb moment" concept ignores the time and work it often takes to flesh out a successful business idea, they say.

Persons: Catalina Daniels, James Sherman, Daniels, Sherman, who've Organizations: Smart, Harvard Business School, CNBC, Harvard University

☆ These authors interviewed 18 Harvard startup founders: Here’s the No. 1 trait that made them successful
▼ + stars: | 2023-11-10 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +6 min

The only founders who do it successfully share one trait in common: the resilience to navigate a rocky path filled with unforeseen twists and turns. That's a key lesson that Catalina Daniels and James Sherman took from researching for their new book, "Smart Startups: What Every Entrepreneur Needs to Know — Advice from 18 Harvard Business School Founders." "Having resilience is absolutely essential [for] the emotional makeup of a person in terms of becoming an entrepreneur," Sherman tells CNBC Make It. "If they don't have that type of resilience, they need to learn how to build it up." In fact, every founder the authors spoke to agreed that resilience was the biggest key to their success, even more than prior experience or a winning business idea.

Persons: That's, Catalina Daniels, James Sherman, Daniels, Sherman, Harvard alums, Josh Hix, Nick Taranto, Kevin O'Leary, — Anna Auerbach, Auerbach, …, they're, Hix, Warren Buffett Organizations: Smart, Harvard Business School, Harvard, Groupe, CNBC, Werk, American Psychological Association

☆ Disgraced Harvard professor Francesca Gino's $25 million lawsuit will scare researchers away from calling out fraud, scholars fear
▼ + stars: | 2023-08-04 | by ( Kate Taylor | ) www.businessinsider.com time to read: +8 min

Francesca Gino is suing Harvard and bloggers who accused her of data fraud for $25 million. Francesca Gino is suing Harvard and the bloggers who accused her of data fraud in a $25 million lawsuit. The Harvard professor claims they "worked together to destroy my career and reputation." In the June blog posts, Data Colada reported on a series of anomalies in Gino's data. Some worry the lawsuit will make exposing data fraud even more difficultGino is not the first high-profile professor that Data Colada has accused of unethical behavior.

Persons: Francesca Gino, Gino, Data Colada, —, Uri Simonsohn, Joe Simmons, Leif Nelson —, Gino's, Simine Vazire, Goldman Sachs, Michael Sanders, Colada, Gary Pisano, Harvard, Data, Sanders, ESADE Business School —, Francesca Gino's, Simonsohn, Simmons, Nelson, Nick Brown, Vazire Organizations: Harvard, Data, LinkedIn, Data Colada, University of Melbourne, Disney, Alaska Airlines, Harvard Business School, King's College London, ESADE Business School, YouTube, Wharton Locations: Harvard

☆ Harvard professor Francesca Gino was accused of faking data. Now her million-dollar empire is crumbling — and scholars are eyeing who's next.
▼ + stars: | 2023-08-01 | by ( Kate Taylor | ) www.businessinsider.com time to read: +22 min

"We believe that many more Gino-authored papers contain fake data," the Data Colada professors wrote. Data Colada found that the raw data showed clear anomalies, such as a distribution infinitely more likely to be produced by a random-number generator than actual people. Soon after, Data Colada ran an article alleging that Gino tampered with data in at least one of her honesty-pledge experiments. A post on Data Colada or a tweet from Brown is like a bomb going off in the behavioral-science world. Others who attempted to build on Gino's studies are grappling with having wasted time, money, and energy.

Persons: It's, Francesca Gino, Gino, Michael Sanders, Greg Burd, —, Hugo Boss, Gino coauthoring, Swarthmore College's Bhanot, Maurice Schweitzer, Simine Vazire, Sanders, Goldman Sachs, Schweitzer, they'd, Uri Simonsohn, Joe Simmons, Leif Nelson —, Data Colada, Dan Ariely, Ariely, Chris Goodney, Harvard, Colada, Nick Brown, Brown, Jeff Lees, Lees, There's Ariely, Brian Wansink's, HBS's Amy Cuddy's, Cuddy, Amy Cuddy's, Marie Claire's, Allison Williams, Astrid Stawiarz, Marie Claire Simonsohn, Simmons, Nelson, they're, Gordon Pennycook, Pennycook, it's, Bhanot Organizations: TED, Twitter, LinkedIn, Harvard, Wharton, Swarthmore College, Harvard Business School, Alaska Airlines, King's College London, Tione, University of Trento, Sant'anna, Studies, Carnegie Mellon University, University of North, Wired, Forbes, Google, Swarthmore, University of Melbourne, Disney, Lavin Agency, Data, Duke University, who's, NBC, BuzzFeed News, Bloomberg, Getty, Privately, Higher Education, Hill, Duke, US Department of, Cornell University, New York Times Locations: Trento, Pisa, University of North Carolina, HBS, Guatemala, Boston, New York, British, Guatemalan

☆ I went to Harvard Business School and the admissions process was intense. Here are 6 things I did that helped me get in.
▼ + stars: | 2023-06-28 | by ( Robin Madell | ) www.businessinsider.com time to read: +12 min

Shaifali Aggarwal is a Harvard Business School graduate and CEO of an MBA admissions consulting company. Going to a top business school was a dream of mine, which was solidified while working in investment banking after college. An example of a post-MBA goal that's both too vague and too broad is: "I would like to start my own company after business school." Start the MBA application process earlyThe MBA application process is a marathon and not a sprint. So being able to impactfully convey your thoughts throughout the HBS interview process is critical.

Persons: Aggarwal, —, Shaifali Aggarwal, I've, Booth —, hasn't, I'd, you've, they're, weren't Organizations: Harvard Business School, Service, Ivy Groupe, — Stanford, Wharton, MIT, Columbia, Kellogg, London Business School, That's, alums

☆ A Harvard Business School grad who now works at Google shares how she got into the top MBA program
▼ + stars: | 2022-12-07 | by ( Brina Patel | ) www.businessinsider.com time to read: +10 min

Olivia Melendez graduated from Harvard Business School in May and is a product manager at Google. Plus, I had always heard that MBA programs prefer that candidates have three to four years of work experience before starting a full-time program," Melendez said. In addition to HBS, she applied to several other top-tier programs, including the Stanford Graduate School of Business, Wharton Business School, and Kellogg School of Management, all of which she was admitted to. Melendez said she used the admissions essay as a chance to tie together pieces of her background that needed additional context. For anyone struggling with the admission essay, Melendez recommended an exercise she learned at MLT.

☆ How to nail your Harvard Business School application, according to graduates and an admissions director
▼ + stars: | 2020-12-07 | by ( Robin Madell | ) www.businessinsider.com time to read: +11 min

Around 11% of the roughly 10,000 students who apply to Harvard Business School get in each year. Those are intimidating odds for the roughly 10,000 students who apply to Harvard Business School each year. "At the risk of sounding overly dramatic, the essays are the windows into your soul," said Patrick Mullane, the executive director of Harvard Business School Online and an HBS graduate. She added to these credentials by working for two years on Wall Street as a precursor to her business school application. "As with most successes in life, luck weighs heavily on why anyone is admitted to Harvard Business School, which should keep us all very grounded and humble," she added.

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