Word: entrepreneurs
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Dates: during 1990-1999
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Redstone hails from tenements on Boston's west side. His father was a small-time entrepreneur who opened one of the first drive-in theaters in the country in the 1930s. Redstone had the same scrappiness and a Harvard education, and turned a drive-in into a bustling movie-house company called National Amusements, which grew to 1,200 theaters. He is often credited with inventing the concept of the multiplex. Something of a late bloomer, Redstone didn't hit the big time until 1987, when at age 64 he put virtually all the assets of his company at risk...
Barnes counted Alan B. Hubbard, who met Bush at HBS and is now a wealthy entrepreneur in Indianapolis; Lawrence Lindsay, a former Harvard economics professor; and Bob Zoellick, who holds dual graduate degrees from the University, among Bush's top advisers...
Zaitz's story is not unique. From farming to food to microprocessors; from solid-waste control to plastics to such traditional Rust Belt goods as steel, virtually every American industry is represented online by at least one entrepreneur who has set up shop to cement business-to-business commerce. Meanwhile, large corporations are using the Internet to build bridges between themselves and their strategic partners. Each member of the online biz-to-biz (B2B) brigade is hoping to use the Net's instantaneous global reach to build digital marketplaces where buyers and sellers who may never have...
...market, racquet sales have been in a decade-long decline. This year sales could climb 5%, which is in some measure attributable to the ability of a Swedish turnaround artist to persuade the Austrian government's tobacco monopoly to sell him a sporting-goods company created by an American entrepreneur...
...reverse that for a moment. The entrepreneur is Howard Head, who created a metal ski and later an oversize tennis racquet, revolutionizing both sports. He sold his namesake company in 1971 to AMF, a conglomerate that was busted up in the mid-1980s. Head was sold to a leveraged buyout firm, Freeman Spogli, in 1989, which unloaded the struggling company on Austria Tabakwerke, a government-owned firm that bought Head to try to keep its manufacturing jobs in Austria. "They did even worse," says Johan Eliasch, a Swedish merchant banker who took over the company in 1996. "They threw money...