Word: entrepreneurs
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...quick Rx: offshore outsourcing. In addition to St. Kitts, India, Britain, Belize and Jamaica are using the nursing-school slot shortage as a selling point to recruit American students. The pioneer of this movement is an 88-year-old entrepreneur named Robert Ross. He made his mark in the 1980s when he founded medical and veterinary schools in Dominica, despite having no background in either medicine or education. Ross University grew into a profitable institution with more than 2,000 students, and Ross sold it for $135 million in 2000 to a private-equity firm. He has reapplied his winning...
Lynn Buchinsky is the kind of entrepreneur who isn't supposed to exist. Working just 12 hours a week, six months a year, she expects to earn more than $30,000 in 2007, thanks to the portable tennis program she created for day-care centers and schools in Solon, Ohio, just outside Cleveland. Launched last summer and designed for kids ages 3 to 11, Buchinsky's Little Racquets is different from other tennis lessons because it brings all the equipment--even the net--directly to the schools. That means parents don't have to shuttle their kids back and forth...
There are other smart strategies for maintaining a balance as an entrepreneur. Beth Schoenfeldt, co-founder of Ladies Who Launch, a nationwide networking group for entrepreneurial women, recommends starting small and controlling growth by taking on only the projects you really want in order to grow at a comfortable pace. For Louise Cady-Fernandes, 46, that meant starting a children's sweater company out of a spare bedroom in her Lexington, Mass., home and marketing her designs online instead of paying the rent on a bricks-and-mortar boutique. An added perk: she's deep-sixed the 2-hr. daily...
...TIME: What's a typical day like for the guy who founded Facebook in his Harvard dorm room just three years ago before becoming a full-time entrepreneur...
...zainichi become more integrated into Japanese life, Chongyron faces extinction. A proud zainichi such as high-tech entrepreneur Masayoshi Son, one of the richest men in Japan, is emblematic of a new generation that no longer need the protection of an ethnic association, much less one tied to a dictator. The gradual rapprochement between North and South Korea has also rendered Chongyron superfluous. "When the South and the North come together over there, you don't have to pick one or the other over here," says...