Word: entrepreneurism
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Iacocca is alive and well at 73, which is to say he's talking big again, this time about the kind of vehicle only a fully California-ized entrepreneur would attempt: an electric bicycle. "I spent all my life putting minivans and Jeeps in American garages," he says. "I think I have one vision left in me before I die, and it's electric." Fine, but a bicycle in the land of muscle cars? Definitely. Iacocca's EV Global Motors (as in, Electric Vehicle) plans to start distributing the Taiwan-produced E-Bike in February. His sales target for this...
...second, both Backstreet Boys and 'N Sync are the brainchildren of the same man: Louis J. Pearlman, a florid 44-year-old entrepreneur based in Orlando, Fla., whose countenance suggests Ken Starr crossed with the late Chris Farley. Pearlman's ambition for his Trans Continental Entertainment and related companies is nothing less than to create a new Motown. O-Town, for Orlando, is the name he has given his sprawling $6 million recording studio that doubles as a boot camp for would-be stars. Here the crushes of tomorrow are groomed by teams of choreographers, vocal coaches, personal trainers, marketers...
Stewart proved she is a sharp entrepreneur as well as a domestic goddess as she described the secret of her success with her housewares business empire at the eighth annual Women's Business Leadership Conference yesterday...
...think you hate spam e-mail. Consider the Chinese authorities. On Wednesday, a Chinese court convicted a software entrepreneur of subversion -- and packed him off to jail for two years -- for giving the e-mail addresses of 30,000 Chinese computer users to a publication called VIP Reference. Chinese authorities felt the need to intervene because VIP Reference is a pro-democracy journal published on the Internet by Chinese dissidents in the U.S. "The Chinese response was not surprising" says TIME senior foreign correspondent Johanna McGeary. "The authorities have long realized that knowledge is power and dangerous for them...
...secretary and the architect of Blair's successful New Labour policies, was found to have borrowed L375,000 (more than $600,000) to buy a new home in central London. He borrowed the money from Geoffrey Robinson, the government's politically appointed paymaster general, but more pertinently a former entrepreneur whose business dealing Mandelson's agency was investigating...