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The Entrepreneur

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Acquisition: Mission Failed or Dream Salvaged?
Amanda Schnieders
7/11/2013
Blog Resource
Summary:

"If you truly believe in the potential of your company to change the world for the better, there’s no excuse for settling for an acquisition."

I was reading through this month's Inc. magazine earlier when this quote caught my eye. My first thought was to challenge the notion. There are specific occasions when an acquisition is exactly what a company needs to move forward or to move on. This is just how things work, but the bold words sparked my interest enough to turn the page. I flipped to Issie Lapowsky’s feature with Vimeo founder Jake Lodwick. Lodwick was fired a year and a half after selling Connected Ventures, the parent company of Vimeo and College Humor, to InterActive Corp, an Internet company that owns the likes of match.com, Urbanspoon, and dictionary.com. After the acquisition, he felt stripped of his creativity. Where innovation once dwelled, process was introduced. Lodwick was fired a week and a half before he planned to quit. This experience backs his words of advice to entrepreneurs who think an acquisition means nothing will change within the mission of an organization. Lodwick bitterly states that "in fact the mission was lost, and everything will change."

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Adopt-A-Class and Teach What You Know
Alper Patty
5/1/2005
Article Resource
Summary:

Beyond just the time she spends helping low-income high school students learn about entrepreneurship, Patty Alper provides funding, which takes the students' experience to the next level.

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Aiming High
Thom Ruhe
2/18/2013
Blog Resource
Summary:

In the entrepreneurship and economic development realms, the word “high-growth” is tossed about loosely, often used to define that rare, illusive, overnight success of a startup. But a recent study by Kauffman has proved that high-growth firms aren’t as hard-pressed to find as we thought … so long as you’re looking in the right places.

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An Educated Choice
Thom Ruhe
6/10/2013
Blog Resource
Summary:

As high school graduates across the country grappled with post secondary education options, I acknowledge some truths in the decision making process--thoughts that helped my son make the best choice for him. Here are my commencement speech-like thoughts...applicable to any high school graduate, and especially those toying with the idea of entrepreneurship as a career path.

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An Entrepreneurial Win for the Future
Ruhe Thom
2/24/2011
Blog Resource
Summary:

President Obama and his cabinet secretaries visited Northeast Ohio to talk about issues, opportunities, and new ideas around entrepreneurship.

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An Overview to Buy-Sell Agreements
Sherman Andrew J
1/1/2006
Article Resource
Summary:

This introduction provides a basic overview of buy-sell agreements and describes the three basic types.

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An alternative to fast failure in medical device innovation
Healing Innovation
4/25/2012
Blog Resource
Summary:

In medical device development, challenging weaknesses early in the process can help an entrepreneur zero in on problem areas. Read more about this twist on the idea of fast failure.

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An option for entrepreneurs seeking bank financing
Christina Sherwood
5/30/2013
Blog Resource
Summary:

Traditional banks often don't know what to do with a business with no revenue and no developed product or service. But since bank financing is important for startups, it's a good idea to find a bank that understands startups' assets and the ebb and flow of startup sales and revenue cycles.

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Ancient Materials, Modern Technology, Timeless Challenges
Rhodes Richard
7/16/2001
Article Resource
Summary:

Creating value at every stage of the process, an entrepreneur rescues stone from sites threatened with destruction and gives it new life elsewhere. To manage multiple languages, locations, currencies and cultures, he relies on the Internet and high-speed telecommunications.

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Angel Investors Close to Deal Removing Curbs From Finance Bill
Mullaney Tim
4/23/2010
Article Resource
Summary:

April 23 (Bloomberg) -- Lobbyists for startup investors say they are close to a deal with Senate staff and state regulators to remove curbs on angel investing from the Senate’s financial reform bill.

The possible compromise would require angel investors, who buy stakes in startups in private offerings, to have a net worth of $1 million, instead of $2.3 million as proposed by the Senate bill, said Marianne Hudson, executive director of the Angel Capital Association in Overland Park, Kansas. It would also scale back plans to let states regulate angel deals, she said.

“We’re close to amendments that are good for entrepreneurs,” said Hudson.

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