Word: entrepreneurs
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Lest we forget, Bill Gates is the world's richest entrepreneur, who made his fortune in the free market. Capitalism is not, per se, a force for good, but the good it enables is immense. Anyone who doubts its unmatched power to finance good works should bear that image of Mr. and Mrs. Gates in mind. KEVIN A. SHAPIRO...
...also no accident that the list includes only one woman, Estee Lauder, and only one industry, cosmetics, in which other women--including Elizabeth Arden, Helena Rubinstein and Mary Kay Ash--also flourished as entrepreneurs. And although this issue includes an article on an influential black entrepreneur, no people of color make our Top 20. Through most of this century, American business has been dominated by men, white men, despite more than 25 years of modern feminism and some ambitious corporate efforts to achieve racial equality. The next century will certainly be different, although I don't see meaningful change coming...
...last devised a machine with which he could endlessly tinker. The little boy, envious of the placid small-town life from which he was shut out, had become mayor--no, absolute dictator--of a land where he could impose his ideals on everyone. The restless, hungry young entrepreneur had achieved undreamed-of wealth, power and honor. Asked late in life what he was proudest of, he did not mention smiling children or the promulgation of family values. "The whole damn thing," he snapped, "the fact that I was able to build an organization and hold it." These were...
...oversight has allowed makers of herbal products to flourish, particularly in Utah, where the dry desert air helps keeps raw materials and pills and capsules fresh, and where land and skilled labor have been relatively inexpensive. Utah's free-enterprise culture has nurtured characters like Tom Murdock, an Arizona entrepreneur who in 1969 started what is now Murdock Madaus Schwabe, whose Nature's Way line is the top-selling herbal brand in health-food stores. Murdock founded the company to market the chaparral herb, which he had used to treat his cancer-stricken wife...
...Brooklyn, N.Y., however, entrepreneur Tim McCarthy is ignoring the economic uncertainties and plunging ahead with expansion of his start-up Great Harbor Design Center. McCarthy's company, founded in July 1997, makes synthetic stone from recycled glass and concrete. He is planning to make large equipment purchases in December and to start full production in February. He says he's not bothered much by what is going on around him. "I'd always assumed we would be dealing in a very volatile market," he says. "I knew there was going to be a downturn. I just didn't know...