Word: entrepreneurism
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Dates: during 2000-2009
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Under a new management team headed by Jacques Nasser, former chairman of Ford Motor Co., Polaroid returned to profitability almost overnight. Little more than two years after the company emerged from bankruptcy, One Equity sold it to a Minnesota entrepreneur for $426 million in cash. The new managers, who had received stock in the postbankruptcy Polaroid, walked away with millions of dollars. Nasser got $12.8 million for his 1 million shares. Other executives and directors were rewarded for their efforts. Rick Lazio, a four-term Republican from West Islip, N.Y., who effectively gave up his House seat for an unsuccessful...
...Vegas entrepreneur Valerie Bent, 36, for example, capitalizes on the male belief that women don't bluff to bluff big time. Bent partly financed the founding of her new clothing company, Big Feet Pajama, with her winnings at the casino tables. "I'd go with my husband on Friday and Saturday nights, dressed to the nines in my stilettos," she relates. "The guys would look at me like dead money--sure to lose. They flirt with you to keep you at the table--until you start winning. Then they get very quiet...
...their community that others can access by registering. Members advise one another about local services such as the best plumbers or baby sitters or spread the word about changes in local government. By registering for MeetTheNeighbors.org a site run by Jared Nissim, a New York City--based Web entrepreneur, you join a local message board. You can view members' profiles, read postings by locals and be notified about events like barbecues. There isn't a secure way of sharing personal profiles on these sites, so it's best to give minimal information. But in the end you just might turn...
...Breton last week told oil companies to come up with structural plans (including new refining initiatives) to lower oil prices or risk a windfall tax. With oil at $63 per bbl. and oil-company profits at record highs, a new era of refinery construction seems imminent. Last week, serial entrepreneur Richard Branson floated the idea of building a refinery just to provide his Virgin Airways and other airlines with jet fuel. U.S. politicians have been putting pressure on domestic oil companies to build new facilities for some time, while China and India are already undertaking ambitious new construction. Trouble...
...quit only when they are tired, afraid or outgunned. And even then, there is always one terrorist who refuses to give up. So I am not applauding the i.r.a.'s announcement. I am tired of being made a fool of again and again. Batya Dagan Los Angeles Al Gore, Entrepreneur I was happy and not surprised to read that with his new 24-hour youth cable network, Current TV, Al Gore continues to be actively engaged in many of the issues that guided him as a public servant [Aug. 8]. Americans missed a golden opportunity to have a truly visionary...