Word: entrepreneurism
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Dates: during 1960-1969
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...wily South African entrepreneur named Rudolf Raphaely, who was attempting to run 400,000 tons of crude oil from the Persian Gulf to Rhodesia's main oil terminal-the Portuguese Mozambique port of Beira, which is connected with landlocked Rhodesia by a 187-mile pipeline. For weeks British warships had discouraged tankers from putting into Beira. Undaunted, one of Raphaely's ships, flying a Greek flag, quietly loaded 18,000 tons of crude in the Iranian port of Bandar Mashur and steamed around the northern coast of Africa to Dakar, where it changed its name to Ioanna...
...that attention to Merrick, entrepreneur, and not a mention of Harvey Sabinson and Lee Solters, his trusty publicists. Eighty percent of what comes out of Merrick's public mouth began in their heads. Even Merrick has been heard to say, "They are the greatest publicists in New York." Well he might. Without them he might be just another successful theatrical producer. (F.Y.I.: I do not work for the gentlemen in question...
...three loud, plangent go-go bands. Cheetah, a "center of happenings" opening this month on Broadway, ought to be a great spot for mods to rock in. Yet the co-partner financing the fun house will probably never frug there. "I seldom go to discothèques," explains Entrepreneur Borden Stevenson, 33. "This is a business investment." Then he brightened a bit when he thought of his late father, Adlai Stevenson. "I'm sorry he's not around to see this place," said Borden. "I'm sure he would have had a lot of laughs...
...architecture major suggested painting the sculpture purple. An entrepreneur-type offered to trade the sculpture for the statue of John Harvard in front of University Hall...
...What the entrepreneur should do, many millionaires advise, is "launch an enterprise in a market where either nobody is doing anything or the leaders are not very good." As soon as his business begins growing sturdy and prosperous, the owner should either float a stock issue to expand it or sell it out to a bigger company that might be willing to pay generously for a well-established specialty business. With his profits, plus any borrowing he may need, the young entrepreneur can then buy control of a still more promising business...