Word: entrepreneurism
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Dates: during 1990-1999
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...real question is whether an impulsive entrepreneur like Son can actually manage this empire. Softbank's U.S. chief executive, Ron Fisher, is struggling to staff the U.S.-based venture business, hiring analysts, consultants and even a public relations staff. But some of its clients complain that unless they fly as high as Yahoo, they don't get enough attention. "We are not at the stage we want to be," admits Fisher...
...downsizing of new year's Eve is a logical reaction to that conspicuous, late-second-millennium phenomenon: runaway hype. We've seen years of countdowns, retrospectives and magazine special issues. One entrepreneur went as far as to trademark and license the date 01-01-00 for New Year's gewgaws. No sooner did the milestone begin looming than advertisers began trying to persuade us to, say, associate the Roman numeral 2000--MM--with a certain candy-coated chocolate. Even the Y2K problem has morphed from potential cataclysm to commercial punch line: a Nike ad shows a man going...
...buyouts. John Mavredakis, senior manager of the Houlihan Lokey investment bank, has helped arrange both types. "When we work with large corporations, everything is methodical and rational," he says. "With smaller companies, emotions come much more into play. Personalities play a major role. There is the need of the entrepreneur, his desire to make sure that his employees are being treated fairly and that he is giving them a good home...
...star high school basketball player like Scott Hazelton, making it to the pros is the ultimate, often unattainable dream. But the 6-ft. 8-in. teenager from Lawrence, Mass., has at least one person who believes in him: Aran Smith, an Internet entrepreneur who registered the domain name scotthazelton.com without Hazelton's permission. Smith has spent some $15,000 staking a claim to more than 200 Internet addresses, mostly the names of promising high school athletes. If any of them make it big, Smith will own some valuable cyber real estate...
DARWIN'S ANGELS? Playboy filmmaker and soft-porn entrepreneur Ron Harris' website got more than 5 million hits its first day of business. His commodity? Eggs harvested from models for in-vitro fertilization. The auction could be a fraud, but if people want models, they should get the best. We asked fertility clinics what characteristics clients look for in donors and rated models to see whose eggs would be best...