Keyword: entrepreneurs

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  • Study: Silicon Valley Is No Longer America’s Startup Capital

    06/04/2015 10:32:15 AM PDT · by SeekAndFind · 8 replies
    The Federalist ^ | 06/04/2015 | Sean Davis
    Move over, Silicon Valley. America has a new startup capital, according to a non-profit organization that studies startup trends throughout the U.S. So which city is currently home to the most startup activity in the U.S.?That honor goes to Austin, Texas. The rankings were compiled as part of the Kauffman Index, an in-depth measure of startup activity issued each year by the Ewing Marion Kauffman Foundation.Silicon Valley, which was #1 last year, fell all the way to #3 in the 2015 rankings. Miami now finds itself in the #2 spot in the Kauffman Index: The rate of new entrepreneurs,...
  • Mark Cuban On Shark Tank, Politics, And The FCC

    02/27/2015 8:48:56 PM PST · by 2ndDivisionVet · 3 replies
    The Federalist ^ | February 27, 2015 | Nicole Russell
    Anybody who’s watched “Shark Tank” more than once will tell you he’s hooked on the Sharks, just as much as they are on the little fishies swimming around in the tank. The Sharks—a panel of billionaire investors ranging in expertise and net worth—scowl, laugh, cry, ridicule, and jest like a bunch of frat boys (and a sorority chick or two) on steroids, 30 years post-college. If “business is the ultimate sport,” as Shark investor, billionaire businessman, and owner of the Dallas Mavericks Mark Cuban said in an interview last year with Inc., Magazine, than every episode of “Shark Tank” is...
  • Meet 10 Indian couples who tied the knot and began their startup

    02/21/2015 6:17:19 PM PST · by 2ndDivisionVet · 5 replies
    The Economic Times ^ | February 22, 2015 | Rajiv Singh
    In the good old days, if they fell in love in B-school, got married and kicked off a career, the choices were predictable — if it was an MBA in marketing, it had to be a role in a consumer goods multinational (think Hindustan Unilever or Procter & Gamble or Nestle); if it was finance, the husband-wife duo inevitably found themselves at rival investment banks on Dalal Street. These days, it's a bit different. Many couples who met in school or college — not just B-schools — are taking the long and invigorating walk down the aisle of entrepreneurship. And,...
  • It’s a beautiful time to be alive and educated

    01/02/2015 7:39:17 AM PST · by 2ndDivisionVet · 27 replies
    Your Story ^ | January 2, 2015 | Vivek Wadhwa
    I grew up watching Star Trek and believing that by the time I became an adult we would all be using communicators, replicators, tricorders, and transporters. I was optimistic that the world would be a much better place: that we would have solved humanity’s problems and be exploring new worlds. That’s why my first career choice was one of astronaut. I thought it would best prepare me for Starfleet Academy. Needless to say, I was disappointed. I grew up into a world filled with hunger, poverty, and disease—in which we fight wars over dwindling natural resources. It is a world...
  • Do the Most Hipster Thing Possible—Move to Des Moines

    11/17/2014 7:00:53 AM PST · by 2ndDivisionVet · 21 replies
    National Journal ^ | October 16, 2014 | Matt Vasilogambros and Mauro Whiteman
    Ditch Brooklyn, millennials. The real place to be is Des Moines, a city with a blossoming culture scene, thriving start-ups, and urban beauty.(VIDEO-AT-LINK) DES MOINES, Iowa—This is too nice a place to spawn a war cry. But if the city had one, it would be the sentiment heard across a downtown populated by baristas, tech start-up founders, musicians, and nonprofit professionals alike: "It's Des Moines against the world." Young people here know what you think of this city. It doesn't need repeating. But ambitious minds are in the process of building a new Des Moines, a tech hub in Silicon...
  • Is School Overrated? High School "Dropout" Makes Affordable 3D Printer

    11/02/2014 9:52:28 PM PST · by 2ndDivisionVet · 21 replies
    Forbes ^ | October 31, 2014 | Esha Chhabra
    If you want a reason to opt out of school, you’re not alone. And Angad Daryani might just be the inspiration you were looking for. Daryani, a 16-year-old Mumbaiker, quit school in the 9th grade, frustrated by rote learning. Soon after, he built India’s first 3D printer (and possibly the world’s cheapest 3D printer). In 2013, he developed an “eye-pad” for the blind with MIT. When he was younger, he set up a miniature solar-powered boat and created an automatic watering system for garden plants. He has a longer list of hobbies that you can see here. He calls himself...
  • New Black agenda: Economic empowerment

    08/29/2014 1:26:22 PM PDT · by 2ndDivisionVet · 23 replies
    Insight News ^ | August 7, 2014 | Hazel Trice Edney
    The winner of the U. S. Minority Business Development Agency's (MBDA) Lifetime Achievement Award says the economic fate of America's Black community "hangs in the balance" because "we are a fourth quarter people". Michael Grant, president of the National Bankers Association and its foundation, says, "Unlike our Hispanic and Asian brothers and sisters, we had to spend the first three quarters just getting in the game...So you see, all things being equal, our ethnic counterparts came to the game with a different mindset, a different set of circumstances, a different self-image, and already with some capital from back home." Grant...
  • American Generosity Spurred by Entrepreneurs

    07/25/2014 12:29:16 PM PDT · by Edmunds mom · 2 replies
    PhilanthropyDaily.com ^ | July 9, 2014 | Scott Walter
    America isn’t just a bit more generous than your typical country. We’re an order of magnitude (and counting) more generous than most countries, including Germany and Japan. ... “American capitalism differs from all other forms of industrial capitalism” because it focuses "on both the creation of wealth (entrepreneurship) and the reconstitution of wealth (philanthropy). Philanthropy is part of the implicit social contract that continuously nurtures and revitalizes economic prosperity." ... nonprofits must learn that they are not in an “independent sector.” They are dependent not just on that abstraction known as the economy but also, horrors, on its heroic leaders,...
  • U.S. businesses are being destroyed faster than they’re being created

    05/06/2014 6:58:59 PM PDT · by 2ndDivisionVet · 24 replies
    The Washington Post's Wonkblog ^ | May 5, 2014 | Christopher Ingraham, graphics editor
    The American economy is less entrepreneurial now than at any point in the last three decades. That's the conclusion of a new study out from the Brookings Institution, which looks at the rates of new business creation and destruction since 1978. Not only that, but during the most recent three years of the study -- 2009, 2010 and 2011 -- businesses were collapsing faster than they were being formed, a first. Overall, new businesses creation (measured as the share of all businesses less than one year old) declined by about half from 1978 to 2011. The authors don't mince words...
  • 5 lessons in start-up journalism from De Correspondent

    05/05/2014 12:18:15 AM PDT · by 2ndDivisionVet · 5 replies
    Journalism UK ^ | May 2, 2014 | Alastair Reid
    A year after announcing a world record for crowdfunding for journalism, the editor-in-chief and publisher of De Correspondent shared their thoughts and lessons on start-up journalism.Last April, Rob Wijnberg and Ernst-Jan Pfauth raised $1.7 million in crowdfunding for De Correspondent, a new, online-only publication The idea was to go from 'the news' to 'the new'," said Wijnberg, De Correspondent's editor-in-chief, who was previously editor-in-chief of nrc.next. He and Pfauth, publisher of De Correspondent and former online editor of nrc.next, said they had tried to change the direction of their previous publication and failed. Instead, they took the ideas they had...
  • Professor Teaches Black Entrepreneurs How To Succeed In ANY Economy

    04/24/2014 10:43:16 PM PDT · by 2ndDivisionVet · 8 replies
    Black News ^ | April 24, 2014 | Anne Holder
    Nationwide — Economic activist, Devin Robinson, explains how blacks can live comfortably to 10% of their income and build mainstream businesses in his 8th book, Power M.O.V.E.: How to Become a Successful Entrepreneur. Robinson, a military veteran and network engineer, entered into full-time entrepreneurship after becoming frustrated with Corporate America. He ditched his $85,000 a year job for the risks of business ownership. Over the past decade, he has worked on many community economic initiatives that have resulted in thousands of entrepreneurs being trained and transformed, while hundreds went on to being put into full-time entrepreneurship. He said, “Entrepreneurship must...
  • The House GOP's incredible, amazing discovery: Most Americans aren't entrepreneurs

    02/01/2014 11:00:44 AM PST · by 2ndDivisionVet · 12 replies
    The Washington Examiner ^ | January 31, 2014 | Byron York
    At the House Republican retreat in Cambridge, Md., Thursday, House Majority Leader Eric Cantor called on GOP lawmakers to take a new approach to the nation's economic anxieties. Dividing his remarks into four categories -- Obamacare, jobs and economic growth, the middle-class squeeze, and opportunity -- Cantor's goal was to try to identify specific problems middle-class families are facing and spark discussion on conservative solutions that might help those families. "Ninety percent of Americans work for someone else," Cantor said, according to a source in the room. "Most of them not only will never own their own business, for most...
  • Crowdfunding Services Launches A New Website and Successful Facebook Campaign

    01/30/2014 4:38:19 PM PST · by 2ndDivisionVet · 2 replies
    The International News Magazine ^ | January 30, 2014 | Jerry Scully
    Crowdfunding Services, a digital agency offering solutions to project creators, showing the difference between a good idea, and a good idea brought to life. Crowdfunding Services, a marketing services company offering solutions to project creators, announces a milestone for its business and Facebook page – over 500 'likes' in 21 days. In the crowdfunding industry, social media is the name of the game, and can make the difference between getting funded and getting overlooked. www.crowdfunding-services.com is showing the difference between a good idea, and a good idea brought to life. That's not the only milestone of success. The Twitter account...
  • The revolution must be financed

    01/27/2014 3:12:05 AM PST · by 2ndDivisionVet · 5 replies
    The New Pittsburgh Courier ^ | January 26, 2014 | James Clingman
    When it comes to gaining true freedom, the words and actions of our most revered Black authentic leaders emphasized economic empowerment. Unfortunately, many of those who spoke the truth and tried to establish an economic foundation for Black people were ostracized, caricatured, vilified, and even assassinated. Despite their sacrifices and refusals to back down from fighting for the most important collective aspect of true freedom, economic empowerment, the vast majority of Black folks either ignored them or chose to follow Black “misleaders” who took our people down the wrong road. Now in 2014, Black folks are still suffering from and...
  • Raúl Castro issues stern warning to entrepreneurs

    12/21/2013 7:39:05 PM PST · by Olog-hai · 15 replies
    Associated Press ^ | Dec 21, 2013 7:21 PM EST | Michael Weissenstein and Andrea Rodriguez
    President Raul Castro issued a stern warning to entrepreneurs pushing the boundaries of Cuba’s economic reform, telling parliament on Saturday that “those pressuring us to move faster are moving us toward failure.” Castro has legalized small-scale, private businesses in nearly 200 fields since 2010, but has issued tighter regulations on businesses seen as going too far or competing excessively with state enterprises. In recent months, the government has banned the resale of imported hardware and clothing and cracked down on unlicensed private video game and movie salons. …
  • Fast-food jobs can offer tremendous opportunities (90% of Dominoes owners began as employees)

    12/11/2013 12:22:18 AM PST · by 2ndDivisionVet · 2 replies
    Voices for Reason ^ | December 10, 2013 | Doug Altner
    We are often told that individuals are “stuck” in fast food jobs, as if there is no hope for advancement or development. But these aren’t dead end jobs for people willing to learn, grow, and work really, really hard. At Domino’s Pizza, over 90 percent of franchise owners started out as hourly employees, and the chain’s 5,000 locations are largely owned and operated by franchisees. Rob Cookston is one such owner who worked his way up. Cookston started delivering pizzas out of his cherry red Volkswagen Beetle 25 years ago. But, eyeing the store owner’s yellow Ferrari, Cookston knew that...
  • Obama worst enemies are small business creators

    11/10/2013 1:14:20 PM PST · by usalady · 8 replies
    Examiner ^ | Nov. 10, 2013 | Martha
    Remember when Obama told Americans “You didn’t build that”?
  • Why You Should Fill Your Company With 'Athletes'

    10/05/2013 7:42:58 PM PDT · by 2ndDivisionVet · 30 replies
    Forbes ^ | October 2, 2013 | David K. Williams
    At our company, we work to fill our roster with “athletes.” I don’t mean this necessarily in the physical sense, although it turns out that quite a few of our members are literal athletes – we have a national-class triathlete, I have a personal interest in competitive and recreational bodybuilding, and there are multiple marathoners, bikers, soccer, and basketball players, CrossFit enthusiasts, etc. on staff. We also have a companywide interest in health and fitness, which we call “Fishbowl FIT.” But when I advise people to seek and hire athletes, what I am really referring to is the athlete traits...
  • America Falls Behind in Creating Rich Entrepreneurs

    06/17/2013 3:55:52 PM PDT · by grundle · 137 replies
    CNBC ^ | June 17, 2013 | Robert Frank
    <p>The creation myth of American wealth is almost always rooted in the entrepreneur.</p> <p>It's the two kids who start a computer company in their garage or dorm room. Or the former standup comic who creates form-shaping undergarments, or the South African immigrant who creates a new electric car and private space program.</p>
  • As the North Rests on Its Laurels, South Is Rising Fast: Have America’s fastest-growing economies

    06/17/2013 7:34:00 PM PDT · by 2ndDivisionVet · 96 replies
    The Daily Beast ^ | June 17, 2013 | Joel Kotkin
    One hundred and fifty years after twin defeats at Gettysburg and Vicksburg destroyed the South’s quest for independence, the region is again on the rise. People and jobs are flowing there, and Northerners are perplexed by the resurgence of America’s home of the ignorant, the obese, the prejudiced and exploited, the religious and the undereducated. Responding to new census data showing the Lone Star State is now home to eight of America’s 15 fastest-growing cities, Gawker asked: “What is it that makes Texas so attractive? Is it the prisons? The racism? The deadly weather? The deadly animals? The deadly crime?...
  • Learned More re Capitalism Washing Dishes/Changing Tires/Delivering Pizza than I EVER Did in College

    04/06/2013 10:51:03 AM PDT · by Reaganite Republican · 12 replies
    Reaganite Republican ^ | 06 April 2013 | Reaganite Republican
    Exactly the same reason Obama doesn't like  small business OR teen workers I guess... could contaminate the NEA's K-12 brainwashing As KGB/Soviet defector Yuri Bezmenov made clear, America's public education system -which demoralizes kids and keeps them pliable/stupid- has been infiltrated by low standards of achievement/morality + communist doctrine for decades now. The self-hating, unthinking drones it was meant to produce have already helped to elect Barack Obama -as dangerous a post turtle as there's ever been- to the most powerful office in the world, great. But 13 years of far-left indoctrination by the neo-Soviet zombies of the NEA are apparently...
  • The bazaar, the oldest newest idea for small businesses

    03/30/2013 9:59:27 PM PDT · by 2ndDivisionVet · 7 replies
    Reuters ^ | February 25, 2013 | John Peabody
    In an FT column today Dave Eggers pines for the days when schools taught metal and woodworking. “It doesn’t all have to be keyboards and screens, does it?” he asks. It certainly doesn’t. Many small business in the U.S. are becoming part of a new wave of small-scale and super premium manufacturing. There’s any number of examples to look at, like the plumbing parts manufacturing in Brooklyn, the artisanal chocolate makers and the distillers in Boston. There’s also no shortage of stories focusing on Brooklyn’s manufacturing boom. Turns out we are making things with our hands even if schools don’t...
  • Subway 'Wouldn't Exist' If Started Today Due to Regulations: Founder Deluca

    02/27/2013 8:06:14 PM PST · by 2ndDivisionVet · 8 replies
    CNBC ^ | February 27, 2013 | Paul Toscano
    Fred Deluca, the founder of privately-held Subway Restaurants, said government regulations are hurting small businesses and that this environment has prevented entrepreneurs from creating value in the market. "If I started Subway today, Subway would not exist," Deluca told CNBC's "Squawk on the Street" Wednesday. (VIDEO AT LINK) Deluca said the environment for entrepreneurs in the U.S. has "continuously gotten worse because there are more and more regulations. It's tough for people to get into business, especially a small business." Effects of Obamacare The Subway founder pointed to a number of government regulations that are degrading the business environment for...
  • Entrepreneurs Say Business Is Good for Personal Lives

    02/23/2013 4:16:36 PM PST · by 2ndDivisionVet · 7 replies
    BusinessNewsDaily ^ | February 14, 2013 | David Mielach
    A third of all small business owners in a recent survey say their family life and their relationships have improved as a result of owning their own business. Small business owners also are more likely to be married than other workers are, researchers found. Sixty percent of the 1,100 small business owners in the poll say they are married, which is 10 percentage points higher than the national average. Small business owners also place a high emphasis on their personal relationships. Eighty-seven percent say they value their personal relationships at least as much as their business. And 80 percent say...
  • House passes bill to cancel diversity visa lottery

    12/01/2012 3:32:13 AM PST · by Cincinatus' Wife · 33 replies
    Washington Times ^ | November 30, 2012 | Stephen Dinan
    The House voted Friday to cancel the annual diversity visa lottery and give those immigration visas to high-tech foreign-born who earn advanced degrees from American universities, as Republicans powered through their chamber the first major immigration bill since the election. The 245-139 vote was a test of the GOP’s plan to tackle immigration piecemeal, and while the bill passed, the strong opposition from Democrats suggests that Republicans’ strategy will face difficult hurdles. And while the chief selling point of the bill was to boost green cards given to science, technology, engineering and technology students, the bigger fight came over Republicans’...
  • A Crash Course in Getting Hired at the Next Facebook

    10/05/2012 6:46:29 PM PDT · by 2ndDivisionVet · 9 replies
    The Atlantic ^ | October 4, 2012 | Kathryn Hawkins
    A free six-week program for recent college graduates and career-changers helps students get the chops to land jobs at innovative startup companies. To Ian Markowitz, a recent graduate of Bentley College, his Boston Startup School instructors' request sounded like a simple errand. "They asked the sales class to go out and get lunch for all 72 students in the program," he says. Then came the catch: They weren't allowed to spend any money. In what would become a daily task, Markowitz and his fellow students sought out local restaurants to donate lunch to their hungry classmates. Though the task seemed...
  • 2 charts that show the very heart of the U.S. economy is in trouble

    09/19/2012 5:35:24 PM PDT · by 2ndDivisionVet · 7 replies
    AEIdeas ^ | September 19, 2012 | James Pethokoukis
    (GRAPH AT LINK)Entrepreneurs — and the innovation they generate — are the beating heart of the U.S. economy. Or at least they have been in the past. But the heart of America’s economy isn’t doing so well these days. In fact, the sorry state of Startup Nation is just another example of how the supposed recovery is anything but.(GRAPH AT LINK)This is all outlined a new report by economist Tim Kane of the Hudson Institute: The state of entrepreneurship in the United States is, sadly, weaker than ever. There are fewer new firms being formed today than two years ago...
  • Videos: “You didn’t build that,” revisited [HILARIOUS!!]

    09/17/2012 12:53:39 PM PDT · by 2ndDivisionVet · 9 replies
    Hot Air ^ | September 17, 2012 | Erika Johnsen
    While Democrats have insisted that Republicans ‘built their entire convention around something the president never actually said’ and whatnot, there were certainly enough entrepreneurial, hardworking, small-business-owning Americans who took umbrage with President Obama’s candid comment as a startlingly frank admission of his worldview to have the White House scrambling to redefine the president’s remarks. Too little, too late, though — finally, Obama’s mere words were really resonating with people again, but in all the wrong ways. Two videos, the first a fun new remix from Hugh Atkin: (VIDEO AT LINK) And the second, a simple breakdown from Mark Matson: “Yes,...
  • The Town-Gown Connection (What makes American cities grow?)

    09/09/2012 2:57:41 PM PDT · by 2ndDivisionVet · 5 replies
    What makes cities grow? This question is the subject of countless magazine articles peddling lists of “best cities” and is fodder for consulting firms looking to sell advice. But in reality, the most reliable measure of a city’s future health is whether employment is expanding or contracting. Declining cities are not home to growing businesses that need people. Only true believers in the come-back story would move to Detroit, Cleveland, or Buffalo right now — the three big cities with the highest unemployment rates in the nation. So what features of a city correlate with expanding employment? The index-making experts...
  • “You Didn’t Build That” Isn’t Going Away: It doesn’t matter what Obama meant. Here’s why.

    09/02/2012 7:40:21 PM PDT · by 2ndDivisionVet · 106 replies
    Slate ^ | August 30, 2012 | Rachael Larimore
    The official theme of the GOP convention Wednesday night was "We Can Change That," but that didn’t stop several of the speakers from revisiting Tuesday’s theme, the base-rallying battle cry: “We Built It.” The message: The righteous exploitation of President Obama’s “You Didn’t Build That” gaffe isn’t going away. Ever since the president stood before a crowd of supporters in Roanoke, Va., on July 13 and, while explaining why the wealthy should pay more in taxes, uttered the infamous words “If you've got a business—you didn't build that. Somebody else made that happen,” conservatives have hammered him for his disregard...
  • Romney gives shout-out to 'women entrepreneurs'

    08/25/2012 9:19:03 PM PDT · by 2ndDivisionVet · 11 replies
    The Politico ^ | August 25, 2012 | Alexander Burns
    On the road with Mitt Romney in Ohio today, Ginger Gibson flags some non-standard sections in the candidate's stump speech, specifically mentioning women in business: "Just a word to the women entrepreneurs out there. If we become, if we become president and vice president we want to speak to you, we want to help you. Women in this country are more likely to start businesses than men. Women need our help. ... I want to make sure we help entrepreneurs and innovators, I want to speak to the women of America who have dreams who begin businesses in their homes...
  • GOP's On-Target Convention Theme: "We Built This City"

    08/22/2012 6:32:51 AM PDT · by raptor22 · 34 replies
    IBD Editorials ^ | August 22, 2012
    Ideology: The battle is on between entrepreneurship and crony socialism, between candidates who believe innovative risk-takers create jobs and an administration that believes all blessings flow from the government. By President Obama's logic, Olympic swimmer Michael Phelps didn't really win all those medals on his record-setting run. The credit should go to those who built the pools he trained in and filled them with water. Building on the reaction to President Obama's disparagement of entrepreneurs and businessmen large and small, the GOP at next week's Republican National Convention will dedicate Tuesday night to the theme of "We Built This!" Speakers...
  • Teenager not allowed to sell hot dogs now homeless

    08/11/2012 7:40:45 AM PDT · by mom4kittys · 44 replies
    The Daily Caller ^ | 8/10/12 | The Daily Caller
    Nathan Duszynski, a 13-year-old whose hot dog cart was shut down by city officials in Holland, Mich., is now homeless, along with his disabled parents. The Mackinac Center for Public Policy first reported the story. Nathan had saved up money for a hot dog cart to help his parents pay their bills. His mother suffers from epilepsy and his father suffers from multiple sclerosis, limiting their ability to work. The family survives on $1,300 a month in disability assistance, food stamps and medicaid, but has struggled to stay afloat. “Nate and I are now in a shelter,” Nathan’s mother Lynette...
  • Yes, Mr. President we owe our success to others... in the energy industry

    07/20/2012 9:08:26 AM PDT · by SeekAndFind · 1 replies
    American Thinker ^ | 07/20/2012 | Dexter Wright
    This past week the President made what seemed like an outlandish claim at the time, that those folks that are successful in this country owe their success to others. Mr. President you are right in more ways than you know. When it comes right down to it we all owe whatever living we are able to scratch out of this miserable economy to the energy industry. You see Mr. President, your teleprompter, which you love so much, would not function without power which, by in large, is produced by the same fossil fuels that you hate. Your presidential limousine will...
  • Are Conservatives Really Misrepresenting President Obama’s Remarks on Business?

    07/16/2012 9:47:45 AM PDT · by Sark · 10 replies
    A couple of days ago, I posted a blog criticizing President Obama over remarks that I perceived to be insulting toward entrepreneurs. In particular, I quoted the following excerpt from his speech: “If you’ve got a business — you didn’t build that. Somebody else made that happen.” Since that time, I’ve witnessed a backlash against my post and those of other conservatives who have made similar arguments. While I don’t intend to respond to every backlash like this, I believe that the arguments being made are credible enough to merit a response in this instance. The people castigating myself and...
  • The arrogance of a man who has built nothing

    07/15/2012 4:14:01 PM PDT · by 2ndDivisionVet · 10 replies
    Tea Party Nation ^ | July 15, 2012 | Judson Phillips
    To call Barack Obama arrogant is an understatement. To call him clueless about the lives of real Americans is the absolute defense of truth. To call his mouth the best friend conservatives may have this year, could be very true. The arrogant man who has built nothing in his life has now shot off his mouth. What did he say, why is the drive by media so interested in not covering this story and why must conservatives capitalize on it? Obama really shot his mouth off when he was speaking at Roanoke, Virginia on Friday. He said: “If you’ve got...
  • According to President Obama, Entrepreneurs Don’t Build Businesses

    07/15/2012 11:15:14 AM PDT · by Sark · 42 replies
    Last night, President Barack Obama delivered some telling remarks to a fire station full of people in Roanoke, Virgina. I’ll save you the trouble of reading the (long and uninspired) speech and provide you with the most interesting part: “If you’ve got a business — you didn’t build that. Somebody else made that happen.” – President Barack Obama, July 13th, 2012. It would be easy to respond with something along the lines of, “Somebody else made that happen? Who? Who magically imagined the product or service, started the business, built it up, and created the jobs? Who was it? The...
  • Resolved: The problems of the future are too great for the entrepreneurs of today.

    06/20/2012 8:49:50 PM PDT · by giant sable · 3 replies
    Ricochet.com ^ | June 20, 2012 | Michael S. Malone
    Good evening, Mr. President, esteemed members for the proposition, and ladies and gentlemen. I am truly honored to be here tonight for this first Silicon Valley Oxford Union debate. I am particularly honored to be here speaking for entrepreneurs – because for me, this debate is not just an intellectual exercise, but moral choice. And it is not a debate about who participates, but who leads.
  • Eduardo Saverin doesn't owe us anything (Is Facebook co-founder a traitor for giving up on America?)

    05/17/2012 5:03:07 AM PDT · by SeekAndFind · 26 replies
    Human Events ^ | 05/17/2012 | David Harsanyi
    When Brazilian-born entrepreneur Eduardo Saverin, one of the founders of Facebook, renounced his U.S. citizenship, allegedly to avoid paying millions -- or is it billions -- in taxes ahead of the company's Initial Public Offering, there was plenty of indignation. Saverin was blessed with an upscale Miami upbringing, a top-notch Harvard education, and has thrived in an entrepreneurial environment created by Americans, becoming insanely rich during the Internet boom. So the question is: What does Saverin owe the United States? Is it reprehensible for him to drop his citizenship before paying his “fair” share to the government that made all...
  • 6 Rags-to-Riches Millionaires

    11/25/2011 2:25:17 PM PST · by 2ndDivisionVet · 7 replies · 2+ views
    Yahoo! Finance ^ | November 21, 2011 | Andrea N. Browne, John Miley, Susannah Snider and Michael Stratford
    From Oprah Winfrey to Steve Jobs to J.K. Rowling, entrepreneurial success stories are the stuff from which American dreams are made. Much like these famous names, the six self-made millionaires we're profiling have one thing in common: Thanks to hard work, determination and sound advice from mentors, friends and family, they've been able to build thriving businesses from the ground up. The rise to the top can be bumpy. In fact, some of the entrepreneurs we talked to were homeless during the early years of their companies. That's why they all agree that it's important to help others in need....
  • The Psychology of Taxes on Entrepreneurs

    10/25/2011 7:12:01 AM PDT · by SeekAndFind · 5 replies
    USA Business Review ^ | 10/25/2011 | Greg Crabtree
    As an accountant, I have a unique vantage point to observe how entrepreneurs change their decisions based on tax policy. My focus as a business advisor is making businesses more profitable first, then dealing with the tax implications of profit. As much as I would like to focus on profit, I regularly have to “reprogram” the entrepreneur’s thinking on taxes. With new clients, I often have to overcome the advice given by their former CPA, who would inevitably advise them to buy more equipment at the end of each year to avoid paying taxes. Folks, this is just plain dumb...
  • Will College Dropouts Save America?

    10/24/2011 2:17:20 PM PDT · by SeekAndFind · 15 replies
    New York Times ^ | 10/24/2011 | Michael Ellsberg
    I TYPED these words on a computer designed by Apple, co-founded by the college dropout Steve Jobs. The program I used to write it was created by Microsoft, started by the college dropouts Bill Gates and Paul Allen. And as soon as it is published, I will share it with my friends via Twitter, co-founded by the college dropouts Jack Dorsey and Evan Williams and Biz Stone, and Facebook — invented, among others, by the college dropouts Mark Zuckerberg and Dustin Moskovitz, and nurtured by the degreeless Sean Parker. American academia is good at producing writers, literary critics and historians....
  • Earn Black Belt Unemployment

    09/18/2011 10:46:51 PM PDT · by 2ndDivisionVet · 10 replies
    Townhall ^ | September 19, 2011 | Katie Kieffer
    “Take a look at this black belt I’m wearing people. You think anyone wants a roundhouse kick to the face while I'm wearin’ this bad boy?” It’s time for unemployed Americans to embrace capitalistic martial arts. It’s time to talk like Rex from Napoleon Dynamite. It’s time to give socialism a roundhouse kick to the face. If you aren’t already one of 14 million unemployed Americans, you’re probably concerned about joining them. The U.S. economy netted no new jobs in August. Zip. Zero. Zilch. Consequently, the number of Americans applying for unemployment benefits in the first full week of September...
  • Steven Kurlander: Small business volunteers deserve a little slack from public criticism

    09/01/2011 9:19:22 AM PDT · by TheBombshellProject · 2 replies
    Sun Sentinel ^ | 9-1-2011 | Steven Kurlander
    In terms of employment and wealth, the U.S. economy is shaped primarily by small businesses. According to the Small Business Administration, small businesses employ over half of private sector employees, pay 44 percent of the total private payroll, and have generated about 65 percent of the net new jobs over the last 15 years. The individual contributions of these business owners are also extremely important in building and sustaining an economic and social base in our local communities. Historically, small businesspeople have always contributed significant time and resources to American society by joining civic groups like Rotary or Kiwanis or...
  • Can Everyone Become a Billionaire?

    07/23/2011 7:17:40 AM PDT · by Kaslin · 30 replies
    Townhall.com ^ | July 23, 2011 | John C. Goodman
    I'm going to tell you something that Barack Obama doesn't understand. And because he doesn't understand it, our country is wasting hundreds of millions of dollars at a time when we cannot afford to waste hundreds of millions of dollars. Time and again President Obama has told us how he intends to solve our health care problems: spend money on pilot programs and other experiments; find out what works and then go copy it. He's also repeatedly said the same thing about education. The only difference: in education we've already been following this approach with no success for 25 years....
  • Food Trucks Owners Say They're Being Hassled By The NYPD

    07/02/2011 10:30:48 AM PDT · by nickcarraway · 12 replies
    WPIX ^ | June 30, 2011
    Some food truck owners near 6th Ave. say they are being forced out by the NYPD. "They are not giving us summons yet but they are shooing us away and giving out warnings. That's bad for business," said David Weber, the President of the New York Food Truck Association. Under state law, it is illegal for food trucks to park in metered spaces. "It's a 65 dollar ticket. But even more costly is if they have to move or be towed. We lose customers during the rush time," continued Weber. An NYPD spokesperson says officers will enforce the law in...
  • Our Economy Needs Less Government And More Entrepreneurs

    06/08/2011 8:03:13 PM PDT · by billflax · 7 replies · 1+ views
    Forbes ^ | 03/30/2011 | Bill Flax
    Economically, successful businessmen make the world a better place. They are essentially voted rich at the cash register poll. We pay them to add value and they reciprocate with jobs, goods and art. The top ten percent of earners pay most of America’s taxes, account for the majority of charity and half of retail sales. It is thus baffling that wealth has become such an object of derision. Even decades after communism collapsed we are inundated with Marxist agitprop. Intellectuals and politicians — teeming with a hypocritical combination of envy and self-righteousness — pontificate incessantly about the rich “not paying...
  • Don’t Worry, Be Wealthy: Easiest Time Ever to Make Millions, Author Siebold Says

    06/02/2011 8:56:40 PM PDT · by 2ndDivisionVet · 9 replies
    Yahoo! Finance ^ | Stacy Curtin
    The world maybe headed for another recession, but there seems to be no better time to be a millionaire or billionaire. Global wealth hit a record $121.8 trillion high in 2010 or $20 trillion above pre-recession levels, according to a new report by Boston Consulting Group (BCG). And, the number of millionaire households jumped 12.2 percent to about 12.5 million. The trend will continue up to about $162 trillion by 2015, "driven by the performance of the capital markets and the growth of GDP in countries around the world. Wealth will grow fastest in emerging markets," says the report. There...
  • Spengler: Why the Republicans can't find a candidate

    04/06/2011 9:53:26 AM PDT · by SeekAndFind · 52 replies
    Asia Times ^ | 04/06/2011 | Spengler
    Never before in American politics have so few offered so little to so many. I refer to the prospective Republican candidates for next year's presidential elections, not a single one of whom elicits a response that might be mistaken for enthusiasm from the voters, the pundits, or the party's elder statesmen. There are a couple of generic governor types like Tim Pawlenty of Minnesota or Mitch Daniels of Indiana, and a long list of has-beens and never was's. But the Republicans despair of finding the man or woman who can define an alternative to a weak and waffling President Barack...
  • A Modest Proposal to Save the American Economy: Entrepreneurial Blitzkrieg as Job Creation Vehicle

    03/23/2011 11:12:31 PM PDT · by 2ndDivisionVet · 20 replies
    Salem News ^ | March 23, 2011 | Joseph Patrick Bulko, MBA
    Preamble: The United States is the richest nation on the planet and yet we find ourselves mired in a long-term recovery from the Great Recession of 2008. The biggest problem affecting the greatest number of Americans is the high unemployment rate, which is not expected to return to pre-recession levels for many years. High unemployment means that many people struggle daily to find adequate food and shelter, with many losing homes to foreclosure. Business activity is adversely affected and growth is diminished. The cost to government is enormous as public safety nets are strained to the breaking point, and reduced...