Word: entrepreneurism
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...down-and-out young people. From that modest start his Prince's Trust has become the country's largest foundation helping youth in need; it's given money and advice to more than 60,000 young people to help them start their own businesses. As a kind of charitable entrepreneur, Charles runs 15 other foundations, all but two his own brainchildren, that raise over $190 million per year, employ 1,400 and attract 10,000 volunteers, making his the biggest multipurpose philanthropy in Britain. Charles' goals are not exactly radical, but neither are they blandly inoffensive. He promotes organic farming...
...scary.”At Mass. Ave.’s busy and crowded Oona’s, a popular second-hand store, owner Kathleen M. White dealt with the Halloween costume rush. She said it’s the 34th the store has seen. A seasoned Cambridge entrepreneur, White knew about the various costume-themed parties happening around campus this weekend.One group of Harvard girls came into the store to pick out pimp gear to wear to Adams House’s Sweet ’N Nasty party, White said.Many Harvard students will buy several costumes for various...
Some wonder if the backbiting tide won't recede as blogs grow up. The trend now is for more prominent sites to be commercialized. A Manhattan entrepreneur named Nick Denton runs a small stable of bloggers as a business by selling advertising on their sites. So far they aren't showing detectible signs of editorial corruption by their corporate masters--two of Denton's blogs, gawker.com and wonkette.com are among the most corrosively witty sites on the Web--but they've lost their amateur status forever...
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...