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LUMOback is the first product by LUMO, a Palo Alto-based company founded by three entrepreneurs – including one who suffered back problems for years. Charles Wang, co-founder and CMO, shared what he’s learned since the company’s launch in 2011 and the product’s release last year.
Don’t be shy about talking up your company’s mission, says one entrepreneur. “I spend a lot of my time talking to people about what we’re doing. The more you talk about it, the more people will come to you.”
In the entrepreneurship and economic development realms, the word “high-growth” is tossed about loosely, often used to define that rare, illusive, overnight success of a startup. But a recent study by Kauffman has proved that high-growth firms aren’t as hard-pressed to find as we thought … so long as you’re looking in the right places.
Each day, Innovation Daily checks the pulse of global innovation--courtesy of Innovation America. Here, we take a look at a handful of relevant stories it compiled last week.
Unless you completely unplugged over the holidays, you know that if Democratic and Republican lawmakers could not bridge their differences on how best to reduce the nation's budget deficit and debt, the Budget Control Act of 2011 mandated a combination of spending cuts and tax increases to take effect January 1, 2013. While Washington kicked the can down the road on budget cuts, the cliff was avoided – but what does the deal mean for American entrepreneurs?
According to the latest index from the Small Business & Entrepreneurship Council, South Dakota has the most entrepreneur-friendly policy environment in the U.S. The U.S. Business Policy Index evaluates each of the states on 46 policy measures with an emphasis on taxes, regulatory burdens and government spending.
The 113th Congress was sworn into office on Thursday last week. There are 97 new members, but little change from the 112th. The Senate has 13 new members with the Democrats maintaining control -- increasing their edge to 55-45. The House of Representatives has 84 new members with the Republicans maintaining control -- slipping a few seats to outnumber Democrats 233-200.
The once easy choice for many of going from high school to some form of accredited higher education is becoming less of a forgone conclusion simply because of the economics and by the entrance of for-profit schools of varying types; including alternative options to college altogether like the UnCollege movement and the Thiel Fellowship program. The entrance of these new players (entrepreneurs) will impact some traditional sources of higher education and certainly challenge our obedient consumer consensus that a ‘traditional’ education will best serve my progeny.
I had my reservations about starting the Top of Mind video channel—mainly because there are a lot of good sources for observations and opinions on the increasingly popular topic of entrepreneurship. But we have proceeded with this effort because one of the rare privileges I have, by virtue of my position and the work we do at the foundation, is being granted access to events and thinking that are not common to many.
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