Author: jeromekatz

Sandy Liang

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New York City native Liang started her label after graduating from Parsons in 2013. Inspired by grandmothers in Chinatown where her father runs a restaurant, she tapped her own grandma to model on her website, wearing Liang’s signature oversized coats, including a black patent leather jacket trimmed with white shearling that retails for $2,400. Vogue and Elle have covered her designs and she sells in more than 50 stores worldwide including Nordstrom and Saks.

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Principled Entrepreneurship « Napa Institute

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The term, “Principled Entrepreneurship” is defined by Charles G. Koch, CEO of Koch Industries, Inc. as “maximizing the long term profitability of the business by creating superior value for our customers while consuming fewer resources and always acting lawfully and with integrity.” Koch claims that this basically comes down to everyone in the business helping themselves by helping others to improve their lives.  It requires a team of workers, each of whom knows the right thing to do and is motivated in doing it, without explicit directions or overly detailed rules.  “Good Profit” then doesn’t mean high margins or high return on capital or lots of profit by just any means.  Rather, Good Profit comes about by the contribution that is made to enhance society- not from corporate welfare or similar ways that take advantage of others.

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