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When Arthur M. Blank talks about entrepreneurship - what it takes to create, build and grow a company - he talks about principles. And, when he talks about principles, he talks about giving back.
A mature business facing altered circumstances might need to bring in a partner rather than just an employee, writes the author, who poses a series of questions for founders to address prior to making what could be a difficult leap.
The founder and CEO of American Reading Company, Jane Hileman, has seen her company grow from a few teachers ten years ago to 111 employees today who provide books and reading goals for students to encourage a love of reading. Hileman's goals are revenue growth, profitability, and success.
With federal grant money for startups being scarce, entrepreneurs are turning to state-level sources. Massachusetts leads the way in filling the funding gap.
While confusing to investors, mixing financial investments with philanthropic giving is a concept that is gaining ground. Good Capital is one organization collecting a portfolio of social enterprises and provides funding for their "social good" along with cash returns to their investors.
Netpreneurs--entrepreneurs who are building Internet-related businesses--are a breed apart, argues the writer. In building a new economy with vastly different attributes, these business owners must react quickly, adapt deftly, and zero in on specialties, or "niches," conducive to online commerce, says the author, who founded a software company in the 1970s and, more recently, a non-profit organization dedicated to helping communities take advantage of the Internet.
Many founders have cited the importance of access to mentoring and coaching that the peer-to-peer organizations, as well as industry groups, Chambers of Commerce, and trade associations, have provided for them.
Ron Rubin's profession is tea, but he is also steeped in giving back to student entrepreneurs.
Rahul Sood, General Manager of Microsoft Ventures, is changing how we help startups accelerate. Targeting markets across the globe, Microsoft Ventures is bringing entrepreneurial mentoring, backed by Microsoft's products and support, to give their accelerator companies an unfair advantage in the market.
Mentoring is fundamental for women entrepreneurs, writes the author, who ranks as a pioneer among entrepreneurial women for having launched a cable-programming network in the 1970s.
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