Word: entrepreneurism
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Dates: during 2000-2009
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...secret: a digitally controlled chemical molding system that can be operated on site or, via the Internet, from thousands of miles away. Says the peripatetic entrepreneur: "It's like a 3-D fax machine...
...self-described entrepreneur, Newman said her new job would allow her to be involved in her many interests...
...recent innovation is the combination of some Ashoka operations with McKinsey's expertise. In the slums of Sao Paolo, Brazil, an Ashoka entrepreneur named Leonardo Pessina was able to build high-quality housing at less than half the normal construction cost by getting the community to provide much of the labor. But managing a huge construction operation threatened to overwhelm even the committed Pessina. So McKinsey made available about 25% of its local staff as volunteers to manage the project. And the consulting firm received a major payback. "McKinsey has an understanding of the local housing market that it never...
...leads the $20 million New Schools Ventures Fund, a foundation dedicated to educational causes, which gets its money from venture capitalists and CEOs. Doerr says he looks for the same attributes in his philanthropic projects as he does in his tech investments. "I like to see a passionate founding entrepreneur, strategic focus on a large underserved need, scalability and the ability to become a freestanding venture," he explains during a break between pitches...
...most important missing ingredient is usually a strategy. "An entrepreneur needs to figure out years in advance to whom in the family a business will be passed down and why--a major decision that can have so many mixed emotions and feelings attached to it," Messervey says. "Had we known my brothers' feelings more about the business, we might have avoided having their feelings hurt," says Marshall-Chapman. "These are very sensitive issues for families...