Word: entrepreneurism
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Dates: during 2000-2009
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...Still, the move has left many asking why. As in, why would a man turn down $40 million per year in endorsements? The word from Jordan's people is that Mike wants to concentrate on his career as an entrepreneur; that like the player who wants to coach or the actor who wants to direct, he wants to go from pitchman to businessman. Others see it as an act of smart management - Jordan's a part owner of the Washington Wizards, and it certainly doesn't help player morale that their nonplaying boss is still the most heavily endorsed...
Then there's the case of a well-known stock tipster who calls himself "Tokyo Joe" and uses his investment website to post colorful snapshots of himself. The sec says the New York-based entrepreneur, a Korean whose real name is Yun Soo Oh Park, charged members of his investment club up to $200 a month and then pushed them to buy stocks he was simultaneously selling from his own account. Beyond this practice, known as "scalping," the agency also claims Tokyo Joe lied about his trading record and touted companies without disclosing that he had received shares from...
Danny Cheng didn't graduate from an elite overseas university or acquire information-technology training--and a PalmPilot full of contacts--in Silicon Valley. Instead, Cheng, who is 33, fits the mold of an old-fashioned Asian entrepreneur: he worked his way up from humble Hong Kong beginnings. "My family was poor," says Cheng. "At the beginning of each month, we had to worry about...
Patrick McGovern is the founder and chair of International Data Group, a technology media conglomerate, publishing newspapers, magazines and books about technology. His wife is a technology entrepreneur and is chair of the board of associates of the Whitehead Institute for Biomedical Research...
Taubman, a Michigan entrepreneur, donated $15 million in 1988 to the Kennedy School of Government (KSG) to build and endow the Taubman Center for State and Local Goverment, where he now serves as chair of the advisory board...