Word: entrepreneur
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...concern now is the depressed market for gas, which is still the target of most drilling because its plentiful reserves are largely untapped and exploration carries tax breaks for investors. "It's a bloodbath," says $ gas entrepreneur and former corporate raider T. Boone Pickens. "How many more hits can the industry take...
...deeper level, power plays a more urgentrole than prestige. Cats turn the station-wagonmom into entrepreneur, make the insurance salesmanan absolute monarch with uncontested authorityover a feline ream. Human fascination with sex haslong spilled over to a vicarious interest in theromantic lives of domesticated animals. One couplesays, "Ever since we got our first Ocicat fiveyears ago, we've been really into breeding...
More is what he gets, thanks to the sudden disappearance of Matty Hylan, a flamboyant millionaire who owns a conglomeration of companies, including the one that employs Browne. The runaway entrepreneur leaves behind a crumbling financial empire and the commitment he had made to skipper a new Altan Marine model in an around-the-world sailing race called the Eglantine Solo. Hylan's beleaguered lieutenants scramble for a replacement and find him in one of their own employees, Owen Browne...
...road to successful self-employment can be a tortuous one. Not everyone is cut out for its uncertainties and do-it-yourself nature. Nearly 2 out of every 3 new businesses fail within five years. The biggest roadblock is financing. According to Venture Economics, a market-research firm, an entrepreneur needs at least $8,000 to start a home-based business, which includes office supplies and equipment but not rent. Starting the same business in prime office space would take at least $50,000 in start-up capital. To launch a retail establishment, such as a bakery shop...
...just that Turner had more to lose; he was also convinced that through some cyclical inevitability he was doomed to lose what he had. "He was hung up on the fact that a lot of people said, 'Well, Ted Turner is the ultimate entrepreneur, and entrepreneurs when they get to $250 million or $1 billion or $2 billion, they crap out, and either they fall to the bottom or they turn their companies over to others,' " says Wussler. "He didn't want that to happen...