Word: entrepreneur
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Dates: during 1970-1979
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grease and black leather jackets, ankle bracelets, fins on cars, proms. And rock 'n' roll. In the cascade of nostalgia currently inundating the country, an entrepreneur named Richard Nader resurrected an assortment of vintage rock acts (Danny and the Juniors, the 5 Satins, Chubby Checker) and packaged them into a free-floating concert tour called the Rock and Roll Revival. This film is a sort of illustrated program of the show, featuring backstage high lights, biographical chatter and large-scale photo portraits of the stars...
Margot Fonteyn danced the pas de deux from Swan Lake while Isaac Stern played the violin. Van Cliburn knocked off a Hungarian rhapsody. Shirley Verrett brought down the house with Donizetti. Sol Hurok was celebrating his 60th year as an entrepreneur with a salute from his stars. The audience that packed the Metropolitan Opera House at up to $100 a ticket in tribute to the 85-year-old Russian immigrant was stellar too. In the crowd: Vanderbilts, Astors, Roosevelts, Whitneys, Cristina Ford, Jackie and Aristotle Onassis, and the Prince and Princess Alfonso de Borbon of Spain. A visitor to Hurok...
...Vietnamese entrepreneur, known to G.I.s as "Miss Lee," talked about the future of her business-Saigon's Magic Fingers Steam Massage and Barber Shop. At one time, Miss Lee had 60 girls at work; now she has only seven. "Everything fini," she lamented. No one seemed more downcast than "Momma Bich," who played hostess during the 1960s to some of the wildest parties ever seen in Saigon's back rooms. U.S. Special Forces troops used to lavish $1,000 apiece on parties that lasted a whole weekend. Now fat and aging (she is 32), Momma is left with...
...help in the past four years. The most generous venture capitalists aid no more than one of every 30 applicants-and he had better come armed not just with a good idea but a prototype of his product and a detailed survey of the potential market. Even the entrepreneur who passes that test can find that his financial angel is also a dictator who may not let the founder keep a majority of his own company. Says Paul Bancroft III, vice president of the steel-rich Phipps family's Bessemer Securities Corp.: "I do not want the president...
Cost-Cutting. Shrewd timing has characterized Maritime's operations since its inception. In 1953, Brener foresaw the need for fast, modern, refrigerated ships known as "reefers." Meridor, a confident entrepreneur and ex-member of Israel's Parliament, was impressed, but the two moved cautiously, acquiring their first reefer in 1960 and building up an "intelligence network"-a staff of 40 researchers who keep track of world shipping needs and who have predicted temporary declines in shipyard activity. The moment to build at relatively low cost came in June 1963, and the partners ordered from Norway four reefers that...