Word: entrepreneurs
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...associates to Miami for the payoff--and arrested them. As a result of the operation, Suarez was indicted by a Miami federal grand jury: so far, however, he has eluded his pursuers. He has also repeatedly denied any involvement in the drug trade and calls himself "an agro-industrial entrepreneur...
...cocaine trade in Colombia took off in the late 1970s when crime bosses entered the business. Until then, their profits had largely come from smuggling cars, liquor and electronic appliances into the country and sneaking cattle, emeralds and coffee out. Then, it seems, Pablo Escobar Gaviria, an entrepreneur whom Colombian bankers describe as "a self-taught administrator with a genius for organization," convinced Smuggler Fabio Ochoa of the profits to be earned from cocaine. The two took over the domestic industry and sent murderous local toughs, now known as cocaine cowboys, to seize control of the U.S. wholesale market...
Although Betancur's assault caused the drug kings to lie low for a while, they were by no means cowed. Within a month of the Lara murder, Entrepreneur Escobar and a few colleagues, claiming to represent a group of coqueros controlling 80% of the drug market, met first with Alfonso Lopez Michelsen, a former Colombian President, and then with Attorney General Carlos Jimenez Gomez in Panama City to offer the Colombian government a deal: in exchange for total amnesty, they said, they would dismantle their illicit empires and repatriate $5 billion into Colombia's troubled economy. The government replied ; that...
There is now a code word for this kind of operation: intrapreneurship. Gifford Pinchot III, 42, a management consultant from New Haven, Conn., coined the term and has written a book about it called Intrapreneuring, or Why You Don't Have to Leave the Corporation to Become an Entrepreneur (Harper & Row, $19.95). Writes Pinchot: "The more rapidly American business learns to use the entrepreneurial talent inside large organizations, the better. The alternative in a time of rapid change is stagnation and decline...
Pinchot argues that entrepreneurs and intrapreneurs have similar motivations. Both are pushed primarily by the desire to accomplish something. Says he: "What drives the entrepreneur is a deep, personal need for achievement." This, rather than any large financial gain, is the key. Pinchot says that companies should try to tap employees' interest by giving them the freedom and the financial backing to chase their ideas. If they succeed, they may get a bonus or a promotion. But for intrapreneurs, the real payoff is the feeling of success--"I did it, and it worked...