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Forbes - Entrepreneurs

On The Inside Of Big Innovation
Wed, 16 May 2012 17:05:35 GMT
When Forbes first asked me to contribute, they told me they wanted insight and opinions from the inside of a high-tech, high-growth company.  What’s it really like to be in the throws of it all? I’ve told a few stories, shared a few opinions. But for my next few articles, I’ll be taking a slightly different angle.
Warning: Stay Away From The Facebook IPO
Wed, 16 May 2012 10:24:49 GMT
Without a doubt, Facebook's IPO is going to be a smash hit.
The Virtues of Having Strange People Close By
Thu, 17 May 2012 07:26:25 GMT
Entrepreneurs Are Drawn By Vision; Managers Are Driven By Process; Transforming Healthcare Will Require Both
Thu, 17 May 2012 06:39:45 GMT
This week’s much-anticipated Facebook IPO has stimulated a healthy national discussion about the nature of innovation and the role of entrepreneurship. 
Entrepreneurs Are Tough To Be With
Thu, 17 May 2012 05:43:22 GMT
What characteristics do you think describe an entrepreneur?  I'm pretty sure your list, and mine, would include some of the following: persistent, driven, independent, creative, hard working, inquisitive, focused, curious, competitive, decisive and a desire to succeed.  These are all generally considered desirable traits.  Who wouldn't want to be around someone that works hard, wants to succeed, is driven, creative and focused?
Stop Thinking and Just Start Instead
Thu, 17 May 2012 03:57:16 GMT
“Why did you call your book Just Start,” was probably the most asked question during our recent book tour.
Facebook: Facing the Facts
Thu, 17 May 2012 02:20:08 GMT
image thumbnail - see full story for attributions
Is the upcoming Facebook offering a $100 billion sucker bet? Mark Zuckerberg, Facebook founder and CEO, during his European Tour. (Photo credit: Wikipedia) As the mainstream media amps up the hype like a bunch of teenagers partying in a house their parents have left for the weekend, there are signs that millions
Celebrity Entrepreneurs on the Rise?
Wed, 16 May 2012 22:50:24 GMT
Whereas once upon a time a celebrity lending his or her recognition to further a product was called a sell-out, today getting behind a product and using one’s fame to help it along is called entrepreneurship. And rightly so. The kind of active investment we’re seeing from celebrities like 50 Cent, Ashton Kutcher, Sean Combs and Leonardo DiCaprio is marked by market research, personal engagement in the product and an ownership stake. Sure, a lot of these glitzy moguls-in-the-making have business managers and research teams, but compare their entrepreneurial endeavors to what they could be doing – renting out their likenesses to underwear ads – and you’ve got to admit they are a little bit more engaged.
Meet The Woman Behind Europe's New Lunchtime Dance Craze
Wed, 16 May 2012 22:02:46 GMT
Something extraordinary is happening in Sweden.
New York's Archangel
Wed, 16 May 2012 22:00:00 GMT
David S. Rose aims to become the world's matchmaker, pairing entrepreneurs and investors. He's got the platform--just no profits yet.
Justin Bieber, Venture Capitalist
Wed, 16 May 2012 22:00:00 GMT
The 18-year-old idol remains a Hollywood force, having earned $108 million over the past two years. With several quiet tech startup investments--including Spotify--he's now trying to make similar conquests in Silicon Valley.
The 99% Movement Scorns American Creativity
Wed, 16 May 2012 22:00:00 GMT
The 99% Movement Scorns American Creativity
Wed, 16 May 2012 22:00:00 GMT
What Should We Do Better As A Society To Support America's Veterans?
Wed, 16 May 2012 21:30:45 GMT
Jonathan Kirk Davis, Veteran of Operation Iraqi Freedom, Sergeant in the United States Marine Corps
Lessons in Lead Valuation From Facebook's Acquisition Strategy
Wed, 16 May 2012 20:36:00 GMT
Facebook -- expected to launch its IPO this week -- is speculated to have a valuation of $96 billion. With the company earning $200 million in their last quarter or $800 annualized, this means their valuation is more than 100 times their earnings. When Facebook acquired Instagram, the numbers raised some eyebrows -- but what many failed to notice was that most of the acquisition price that Facebook paid for Instagram was actually in Facebook stock. According to an S-1 filing, the company is paying $300 million in cash, and the rest in stock. Therefore, the real risk to Facebook is small, relative to the amount of users and the valuable photo platform gained.
GOP Tries to Create A New Solyndra-Like Loan Scandal
Wed, 16 May 2012 19:19:03 GMT
At a hearing Wednesday, Republican congressmen attacked two leading solar companies that received federal loan guarantees -- accusing BrightSource Energy of using insider connections to win its loan guarantee and First Solar's chairman for cashing out $450,000 of his shares while taking public money.
Patent Infringement In 140 Characters Or Less: The Twitter Way
Wed, 16 May 2012 18:49:56 GMT
The folks at Twitter think that if you can’t say it in a short phrase, it ain’t worth saying.
Qualtrics: Tech's Hidden Gem In Utah
Wed, 16 May 2012 18:26:11 GMT
How a family in Provo built one of the fastest-growing, most profitable software firms no one has ever heard of apart from its fanatic customers.
Gimme, Gimme, Gimme -- Millennials in the Workplace
Wed, 16 May 2012 18:25:13 GMT
According to Dan Schawbel there are about 80 million millennials and 79 million boomers in the U.S. today with about half of the younger generation in the workforce. "All in all, it’s a pretty bad time to be a young worker (or aspiring young worker) in America," write Schawbel. "Unemployment and
Google And Bing Search Engines Get Smarter, More Social
Wed, 16 May 2012 18:22:50 GMT
As Google and Microsoft plan to make the search experience better for consumers, small business will benefit. Some call it a search engine war. It is more like a search engine extravaganza. Read on. Google calls its new work the “Knowledge Graph” perhaps similar to Facebook’s Social Graph, but Google wants to inventory the 3.5 billion connections between the millions of “things” on the web and in the real world. Microsoft’s Bing rolled out its Social Search on May 15.
In praise of Legal Aid lawyers (by a white collar criminal defense practitioner)
Wed, 16 May 2012 18:12:11 GMT
Who are some of society’s most under-appreciated members?  Teachers always seem to be at the top of the list, and with good reason.  We put our cherished children in their capable hands and pay them a fraction of what “professionals” like lawyers and doctors make.  Teachers, however, have the pleasure of helping children learn, which can be among the most rewarding feelings imaginable.
An Apology Should Help You Soar With Eagles, Never Leave You Eating Crow
Wed, 16 May 2012 17:38:51 GMT
Mitt Romney really muffed a chance to appear Presidential, evince noblesse oblige, and exude the kind of energizing power Americans are hungering for, when he responded to the Washington Post’s exposé alleging he was a bully in high school. Whether the Post story is gospel or garbage doesn’t concern me: I feel that if the Democrats forgave Ted Kennedy for killing Mary Jo Kopechne in the waters off Chappaquiddick Island when he was an adult, Republicans should forgive Romney for victimizing a classmate (who survived the incident) as a teenager.
America's Fastest Roads
Wed, 16 May 2012 17:38:50 GMT
From the New Jersey Turnpike to stretches of Arizona desert, speed limit is no object to drivers on these fast roads.
A Primer: Where Facebook Stands in Internet History
Wed, 16 May 2012 17:38:50 GMT
The World Wide Web (aka – the Internet) was at first just a large number of disconnected sites.   In terms of world history, think of it as similar to the time when it was still popular to believe the Earth was flat.  Pockets of civilization existed all over the world, but they were completely isolated from each other.
Why Has Yahoo Killed Flickr? 5 Alternatives For Photo Sharing
Wed, 16 May 2012 17:17:47 GMT
image thumbnail - see full story for attributions
In an exclusive article, Gizmodo penned a powerful exposé about how Yahoo has bludgeoned Flickr. The title conveys the brutal reality of how the internet giant slowly ruined one of its best web properties. Eric Jackson frequently writes about Yahoo! and offers ideas on how it can turn the ship away
How a Broke Student Got Investors For Her Business: 7 Keys to Getting the Money
Wed, 16 May 2012 17:02:00 GMT
Here are a few of the reasons people tell me they’re not ready to start a business: they have no experience. They have no money. They’re in debt. Hello, meet me, at age 25 when I was still in school and living on student loans. That’s exactly where I was when I decided to start my first business. I'd learned how short life can be and I couldn’t wait for all my ducks to line up in a nice, neat row--I had to jump in the water and hope the ducks would swim along behind me.
The Eleven Letter Word That Continues To Elude All CMOs And Marketers
Wed, 16 May 2012 17:00:18 GMT
It's a rather simple word to say, just four syllables. It's an easily understood word on the surface - at least I think it is. Its meaning is quite apparent the moment you hear it. Yet so many CMO's and marketers treat this 11-letter word as if it were a 4-letter word.
Elon Musk's Countdown: What's At Stake For Him And SpaceX?
Wed, 16 May 2012 16:31:57 GMT
If there was a chance to take a trip to Mars in your lifetime, would you go?
E*Trade Settles Auction Rate Securities Case But The Product Keeps On Giving Grief
Wed, 16 May 2012 16:30:00 GMT
In a Financial Industry Regulatory Authority (“FINRA”) Arbitration Statement of Claim filed in December 2010, customer Claimant Najdzin asserted damages arising from breach of fiduciary duty, misrepresentation, omission of facts and unsuitability in connection with his purchase of various Blackrock and Eaton Vance auction rate securities (“ARS”).  Claimant sought Claimant $125,000.00 in compensatory damages; $500,000 in punitive damages, plus interest attorneys’ fees, and costs. In the Matter of the FINRA Arbitration Between Louis Najdzin, Claimant, vs. E*Trade Securities LLC, E*Trade Financial Corporation, and William John Velthaus, Respondents (FINRA Arbitration 10-05584, May 10, 2012).

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 Word of the day 

Merriam-Webster's Word of the Day for May 17, 2012 is:

maffick • \MAF-ik\ • verb
: to celebrate with boisterous rejoicing and hilarious behavior

Examples:
Fans mafficked for hours outside the stadium, celebrating the team's dramatic victory in the division championship.

"In half an hour, after the mildest of mafficking, the last visitors of the exhibition's last day had gone out of the gates and the staff began their final acts of closing up shop." — From an article in The Guardian (London), October 1, 2011

Did you know?
"Maffick" is an alteration of Mafeking Night, the British celebration of the lifting of the siege of a British military outpost during the South African War at the town of Mafikeng (also spelled Mafeking) on May 17, 1900. The South African War was fought between the British and the Afrikaners, who were Dutch and Huguenot settlers originally called Boers, over the right to govern frontier territories. Though the war did not end until 1902, the lifting of the siege of Mafikeng was a significant victory for the British because they held out against a larger Afrikaner force for 217 days until reinforcements could arrive. The rejoicing in British cities on news of the rescue produced "maffick," a word that was popular for a while, especially in journalistic writing, but is now relatively uncommon.