Word: entrepreneurism
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Dates: during 1980-1989
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...Robertson, the engaging entrepreneur of the Christian Broadcasting Network in Virginia Beach, Va., denied that the furor over his fellow TV religionists would harm his hopes of becoming a Republican candidate for President of the U.S., although there was hearty debate about its effects on his campaign. Referring to Bakker, Robertson said, "I think the Lord is housecleaning a little bit. I'm glad to see it happen." Meanwhile, Robertson had other pressing business. He interrupted his campaign tours to give a deposition in his two libel suits, each for $35 million, against two politicians who said that his late...
...player in the early convolutions of the drama was Jim Bakker, the religious entrepreneur who reigned over the domain called Heritage USA. Nestled in the pine-carpeted piedmont just south of the border between North and South Carolina, Heritage is the third most popular theme park in the country (after the two Disney operations). It drew more than 6 million people last year to its 500-room hotel, 2,500-seat church, five-acre water park, and mock gable-fronted "Main Street USA," an enclosed mall with 25 stores and a 650-seat cafeteria...
...fullest range can be found at the designer's showcase store on London's Brompton Road. Originally an automobile garage, the shop has enough floor space to comfortably accommodate menswear, women's clothes and a Roman chariot race. "There could be more clothes in it," frets Danish-born Fashion Entrepreneur Peder Bertelsen, who backs Hamnett's retail enterprises on the designer's home turf. "Katharine's very exciting to work with," he adds. "She shouts at me and calls me names I can't find in the English dictionary...
With the stigma lifting and demand growing, massage therapy has become an entrepreneur's dream. Schools are proliferating; there are now about 300. Many therapists are concerned, however, about the lack of uniform training standards: the American Massage Therapy Association has approved only 51 schools. Moreover, the field is poorly regulated by outside authorities. Just 13 states have licensing requirements, and their criteria vary widely. Florida, for example, requires therapists to complete 500 hours of training, while Ohio calls for half that...
Much smaller U.S. operators are also reaching for the skies. Robert Truax, a former Navy engineer, built a rocket in his Saratoga, Calif., backyard four years ago, and hopes to be the first private businessman to launch commercial cargo into space, possibly from Cape Canaveral. Entrepreneur George Koopman's Menlo Park, Calif., firm, American Rocket, is conducting flight tests at Edwards Air Force Base in Southern California. Like Truax, Koopman says the hardest part about starting a space-transport firm is raising enough money. Says he: "I'm still out there beating the bushes for funds...