Word: entrepreneurism
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Dates: during 1980-1989
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...hard-driving entrepreneur is now in retreat. Last week, in a coup engineered by angry franchisees, Millard was forced to step down as ComputerLand's chief executive officer. He and his daughter Barbara, 27 whom Millard installed as president last November, relinquished all day-to-day operating control of the Oakland-based company...
...Jobs co-founded Apple Computer in a California garage nine years ago and helped build it into a billion-dollar business that gave rise to the personal-computer industry. Along the way, Jobs was widely hailed as the prototype of a new American hero--the irreverent and charismatic young entrepreneur...
...drowning in his newfound wealth, the 44-year-old entrepreneur began spending, and spending, and spending. He surprised his wife and two teenage sons with a refrigerator and a color television set. He acquired an electric fan and a grandfather clock. He bought a washing machine and a sewing machine, a cassette radio and a stereo system. He purchased three bicycles and four motorbikes. He ordered a Japanese-made van equipped with air-conditioner and stereo. Before long, his small home was so crowded with material possessions that he had a new two-story house built. Even then, enough cash...
...tale of Ju, the all too successful entrepreneur, exemplifies in a small * but revealing way some of the tensions and paradoxes created by the daring "Four Modernizations" policy that has been pursued since 1977 by China's leader, Deng Xiaoping. On the one hand, Ju's embarrassment of riches advertises the potential of free enterprise in China, where even the People's Daily, the Communist Party newspaper, has declared that "getting rich and buying consumer goods is not decadent--especially if it makes life more pleasant." On the other hand, the ostracism suffered by Ju highlights the difficulties of introducing...
...called reputation" and says of his products, "The rest of the world has been unable to make anything like them." Adds Dennis Jones, who takes a full day to make a radiator grille: "Henry Royce would be proud to have his name on this car." Royce, an engineer, met Entrepreneur Charles Rolls in 1904 at Manchester's Midland Hotel, and the first Silver Ghost was on the road three years later. Rolls died in an air crash in 1910, but Royce went on to launch the posh Phantom series in the 1920s and to acquire Bentley Motor...