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During a panel focused on the players in entrepreneurship, Huffington Post writer Jennifer Hill led a discussion on team building for startups (0:21:57 – 0:27:42). The panel at Life Science Ventures Summit included Nick Franano, Avi Roop, Geoff Clapp and Sofie Qiao.
What are the chances that, out of thousands of candidates for the CEO spot, the son or daughter of the company founder is the most competent of the bunch? Slim to none.
Say you are a member of the Ford family, and your financial security lay in family trusts stuffed with Ford Motor stock. Who would you rather bet on, William Clay Ford Jr. or Alan Mulally, the former Boeing exec now at Ford's wheel? In this case, Mulally had the presence of mind to secure $24 billion in funding prior to the recent economic collapse and thus avoided becoming a ward of the federal government, like GM and Chrysler.
“Long before the word ‘entrepreneur’ became popular, the concept still existed.”
These are among the first words Mr. Clifton Taulbert uttered during our chance interview in April, 2008. During our interview, Mr. Taulbert described the entrepreneurial influence and life-lessons he learned from his Uncle Cleve (an unlikely entrepreneur who defied the odds as the owner of the icehouse in Glen Allan, Mississippi during the height of legal segregation.) Today, through a partnership with the Kauffman Foundation, that chance interview is being transformed into a two-part learning initiative designed to inspire and engage America’s youth in the unlimited opportunities that an entrepreneurial mindset can provide.
Last month, the Kauffman Foundation announced a grant aimed at curating data on young companies from cities around the world. Our partner in this endeavor is Startup Genome; a free and open platform for collecting, curating and analyzing data about the startups, entrepreneurs, investors and community enablers in a local startup community.
Lately, there's been a lot of talk about these people we call millennials. Namely, the current generation, Generation Y, those "entitled, narcissists who still live with their parents", according to Keith Wagstaff. From complimentary to derisive, countless writers have deemed it their duty to predict exactly what this generation will add or (as most reports warn) detract from our current society. But the truth is, nothing has been said about the "Me, me, me generation" that hasn't been said about every generation before them.
Keeping your talented women executives on board may be tougher than keeping your men. Despite aggressive anti-discrimination efforts and myriad opportunities, women still hold significantly fewer top corporate posts than men. There are clear reasons for it, too, which entrepreneurs need to know.
At MedCity CONVERGE, a national, executive-level summit on healthcare innovation in Philadelphia last week, local AARP members were on hand to learn about the two-dozen companies represented in the Pfizer Startup Showcase.
A business model that aims to consolidate in the fragmented tour-packaging industry must rely on the entrepreneurial owners of the local businesses it acquires, according to the writer. A case is made for developing the people who will build the business, rather than, as is practice for many consolidators, putting them out of business.
In the past, Dr. Amy Baxter was able to practice emergency medicine while developing a new medical device that deadens the pain from injections. But working on her startup during the day and picking up night shifts at the hospital could only go on for so long.
I recently returned from participating in the 2nd Annual Rome Forum of the Harambe Entrepreneurial Alliance, hosted by the Vatican's Pontifical Council for Justice and Peace.
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