Word: entrepreneurism
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Dates: during 2000-2009
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...topple, repair teams could take days (or, more likely, weeks) to show up and the National Guard will come packing guns but no walkie-talkies. "In the end, you can only count on yourself," says deputy mayor Greg Meffert, the city's chief technology officer and a onetime tech entrepreneur. Like every other city employee, from the mayor on down, Meffert is worried that the "rookie levee system"--untested since repairs began--could fail again...
...unusual is that all those teams are managed by Major League Soccer (MLS). The pro league born of the highly successful 1994 World Cup staged in the U.S., MLS has struggled for a decade to find its place in the sports-entertainment complex. But by thinking like an entrepreneur and managing like a global business, the league is facing the prospect that many concluded was unreachable in the U.S.: success. "What we have today is far more stability, far more credibility and far more optimism about our business and far more popularity than we've had," says MLS commissioner...
...stayed around mostly because two of its founders, Lamar Hunt and Phil Anschutz, kept it afloat (unlike the women's professional league, which disappeared last year). Hunt, an oilman who also owns the NFL's Kansas City Chiefs, and Anschutz, an oil and technology entrepreneur who owns too many things to count, have had a burning passion for the game that has consumed better than $100 million of their money. Hunt owns three and Anschutz four of MLS's 12 teams. The original idea was to unload all but one each as the franchise values increased. That was 10 years...
...oversaw the completion of a $600 million capital campaign, renovations of the campus, and the inauguration of its fifth international research center—in Mumbai, India. He also terminated the school’s grade non-disclosure policy.C.D. “Dick” Spangler Jr., the entrepreneur and donor who chaired the capital campaign, said that Light “will preserve [the school’s] strengths.”With today’s announcement, Summers has appointed seven major deans during his five-year tenure—more than either of his two immediate predecessors...
...Nevertheless, the vast majority of Chinese feel little restriction in voicing their growing faith. "My previous goal in life was to earn lots of money," says Zhou Jun, a Shanghai entrepreneur who runs a solar-heating company and converted to Tibetan Buddhism in 2004. "But now after studying Buddhism, I realize there is much more to life, and I want to share that lesson with everyone." Zhou now donates a chunk of his earnings to build new Tibetan Buddhist temples in western China, and has imparted the Buddha's teachings to his business partners. Tempering a capitalist impulse with...