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Introduced last month, the Cronut has customers lining up outside Cronut creator Dominique Ansel’s SoHo bakery at 6 a.m., and the store regularly sells out its daily production of at least 300 within a half-hour after opening. This enormous popularity is no accident. In fact, the Cronut’s success reflects the many strengths that characterize America’s small-business sector.

Here’s the small-business recipe for a Cronut-level hit:

1. A dollop of product innovation.
2. A dash of social media and marketing.
3. A pinch of sustainable growth.

How your business can whip up a cronut-like craze.

[Image: Flickr user Katy Watts]

It’s 90 degrees here in NYC. 
What this Fast Co. employee loves about her job today is:
7 World Trade Center’s frosty air conditioning.
Fast Company’s unending supply of cold beverages. 
(And challenging, stimulating work, etc.)
What do you love about your job today?

It’s 90 degrees here in NYC. 

What this Fast Co. employee loves about her job today is:

  • 7 World Trade Center’s frosty air conditioning.
  • Fast Company’s unending supply of cold beverages.
  • (And challenging, stimulating work, etc.)

What do you love about your job today?

Daily Fast Feed Roundup

Good morning Tumblr! Here’s a quick rundown of what you need to know today: 

  • Michael Bloomberg announced yesterday that NYC is now at the “forefront of the digital revolution” with its new .nyc domain.
  • On July 18 government agencies and a who’s who of Wall Street, including Citibank, Bank of America, and Homeland Security will host cyber war games in preparation for digital megathreats.

Have a great day!

M. Cecelia Bittner and Jessica Hullinger

[Image: Flickr user cumi&ciki]

Officials in New York have determined that Airbnb is illegal, despite efforts by the online firm to persuade the city otherwise. The law violated is the illegal hotel law, which prevents residents from renting out their property for less than 29 days. According to CNET, the law originally meant to prevent landlords from turning residential properties into hotels.
The ruling doesn’t necessarily mean all Airbnb hosts will be cracked down on, as the city only enforces the rule when a complaint is filed.
More…

Officials in New York have determined that Airbnb is illegal, despite efforts by the online firm to persuade the city otherwise. The law violated is the illegal hotel law, which prevents residents from renting out their property for less than 29 days. According to CNET, the law originally meant to prevent landlords from turning residential properties into hotels.

The ruling doesn’t necessarily mean all Airbnb hosts will be cracked down on, as the city only enforces the rule when a complaint is filed.

More…