Word: entrepreneurs
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...Trio, with their frat-boy élan and their repertoire purloined from Seeger and other traditionalists. Then one man suggested that the genre could be bigger. "The American public is like Sleeping Beauty, waiting to be kissed awake by the prince of folk music," said Albert Grossman, a Chicago entrepreneur, at the first Newport Folk Festival, in 1959. Bob Dylan, whose manager Grossman became in 1962, may have been that prince, but the raspy-voiced kid needed troubadours to sell his message to the masses. Grossman had seen Travers perform with her friends Peter Yarrow and Noel Stookey; he took...
...first bit of unpleasantness for O'Leary. For most of the 1990s, he was the president of educational-software company Softkey, which he co-founded with fellow Canadian entrepreneur Michael Perik. O'Leary and Perik sold the firm, which they renamed the Learning Company, to Mattel in 1999 for $3.6 billion. But almost immediately the deal turned sour. The Learning Company lost $200 million in the second half of 1999 alone. O'Leary and Perik, who joined Mattel after the merger, left the toy company six months later in a management shake-up. In 2001, Mattel disposed of the Learning...
...help build a business in a developing country, try peer-to-peer lending. Kiva.org started the trend, which lets you lend as little as $25 to the entrepreneur of your choosing and track the recipient's progress online. Now there are specialized sites like Wokai.org, which provides microloans in rural China. Wokai is Mandarin for "I start...
...Random acts of kindness are getting a high-tech boost, thanks to social entrepreneur Daniel Lubetzky. First, print a card at Kinded.com. Then do something nice for a stranger, like sharing an umbrella or helping carry luggage, and hand that person the card. The recipient can go online and note where the act of kindness took place and then pass the card along. It's like Pay It Forward, with mapping features...
Prigent-Chesnel is spreading the word on a blog that offers encouragement and tips to people contemplating joining the ranks of the new entrepreneurs. So far, two-thirds of that group are men, aged 40 on average. About 33% are salaried employees starting up a sideline business, 25% are unemployed and 6% are retirees. Later this year, the program will take private enterprise to the public sector by opening auto-entrepreneur to civil servants. If it continues at its current pace, the scheme will prove that France not only has a word for entrepreneur, but also a growing army...