Word: profit
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...will be welcoming dorm-room businesses with open arms. While students are no longer forbidden from using University resources to run their businesses, they must still operate under legitimate constraints. Budding entrepreneurs must take care not to disrupt their roommates. Furthermore, the proposed policy, citing the University's non-profit tax-exempt status, warns against "excessive" use of resources. Business traffic on Harvard's computer and mail systems must blend in with normal use. Students are also prohibited from listing their Harvard e-mail addresses or phone numbers as business contacts...
...background is in public service, with a particular emphasis on local communities. Before coming to Harvard, he was the president and CEO of the Local Initiatives Support Corporation, a nationwide, non-profit that focuses on community development. In the 1980s, he worked in Boston in the mayor's office...
...Summerville, S.C., Rick Reinert has built a small business called Reha Enterprises that sells bath oil, soap and other supplies. But now he is selling many of his products, imported from Germany, at no profit or at a loss. This is the result of an order by the U.S. government...
...cash payments for interest charges spiraled from $52.6 million in 1990 to $164.3 million in 1993. Even if Chiquita sales had reached the level the WTO said they would have in the absence of European restrictive policies, the company still would have recorded losses or, at best, a marginal profit. As a Wall Street investment analyst who tracked the banana industry put it in 1992, "we have serious doubts about the abilities of management to deal with the company's problems...
...uncertainty is a major factor. The majority of new high-tech companies haven't ever seen a profit. If Amazon.com hasn't done it, imagine the risk in a dorm-room venture. By contrast, an investment bank or a consulting firm can offer a steady cash flow to virtually any Harvard graduate...