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Dr. Amar Bhide’s research has found that new businesses that eventually become successful almost always start from the direct experience and discovery of a need by individual consumers who become entrepreneurs. Here’s a great example, how a boating hobby became a new business: http://voices.washingtonpost.com/small-business/2008/11/its_a_wrap_is_just_the_beginni.html and http://www.nnbw.biz/ArticleRead.aspx?storyID=11024

It's the birthday of astronomer Edward Hubble, born in Marshfield, Missouri (1889).

He majored in math and astronomy in college, then went to law school and started practicing as an attorney. He got bored after just a couple of years and went to get a Ph.D. in astronomy, where he focused his research on nebulae — distant objects in the sky that couldn't be categorized as stars. He moved to California to work with the world's largest telescope, which was in Pasadena.

Within a few years, he had begun to make discoveries that revolutionized the field of astronomy. In 1929, he made what is considered his most important discovery when he came up with a mathematical relationship that explained the correlation of a galaxy's radial velocity to its distance from Earth. In other words, he determined that "the farther a galaxy is from Earth, the faster it appears to move away." This led to the conclusion that the universe is expanding. It provided the basis for the Big Bang theory, which claims that the universe started with a big burst of energy matter exploded, and then expanded, and the universe has continued to expand ever since.

In 1990, about four decades after Edward Hubble's death, NASA launched the Hubble Telescope, the first telescope based in outer space. It captures accurate images of faint, distant objects.

From The Writer’s Almanac