May 26, 2011 • 3:30 pm PDT In April, Peter Thiel, one of the co-founders of PayPal and the first major investor in Facebook, announced “20 Under 20,” his experiment that will pay students from some of the nation’s most elite colleges $100,000 each to drop out and start companies. Thiel’s views on college degrees … Continue reading

How This 19-Year-Old Is Taking On Google

He’s an Israeli who sidestepped military service in favor of moving to the Bay Area to become Y Combinator’s youngest founder. Six months later, all eyes are on Daniel Gross, as he has almost $5 million in funding backing his search engine, Greplin. Oh, and he didn’t go to college. By Christine Lagorio | @lagorio … Continue reading

Marketing Is About Values

Today, Apple is considered one of the best brands in the world. The iPod wasn’t the first mp3 player but it redefined the entire industry. The iPad wasn’t the first tablet PC and yet Apple may sell more than 10 million of them in 2010. Apple may sell 48 million iPhones in 2010. Today, nearly everything that Apple touches … Continue reading

How Two Friends Built a $100 Million Company

The Rise of Method Home Childhood friends Adam Lowry (left) and Eric Ryan didn’t set out to reinvent an industry. But the combination of modern design and eco-friendly ingredients has made Method Home, the company they founded in 2000, into a $100 million behemoth. The story behind Method’s now ubiquitous bowling pin-shaped containers of soap … Continue reading

Serial Entrepreneurs: Been There, Done That

Lessons and advice from serial entrepreneurs from the 2009 Inc. 500 By Inc. Staff | “Read Good to Great, by Jim Collins.” — David G. Donald, PeopleShare “Paranoia is an asset. Test everything first. Then refine it, scale it, or kill it.” — Oran Thomas, Mpell Solutions “1. Never mix business and family. 2. Do not leave business decisions open to interpretation.” — Bryan … Continue reading

How to Grow Your Business Through Knowledge Acquisition

The entrepreneur who thinks they have all the answers is an entrepreneur doomed to fail. No one has all the answers. Not to get religious on you, but even the Bible repeatedly states there is “wisdom” and “safety”and even “victory” in a multitude of counselors” in regards to waging war. Well, business is a lot … Continue reading

The Accidental Billionaires

THE ACCIDENTAL BILLIONAIRES FACEBOOK FOUNDER PAINTED AS A POWER HUNGRY MEGALOMANIAC WITH MONEY AND SEX ON THE BRAIN By REED TUCKER This narrative account detailing the early years of the world’s most popular social networking site is already being turned into a film by “The West Wing” scribe Aaron Sorkin, and it’s easy to see … Continue reading

Pre-Order Strategy

A pre-order is an order placed for an item which has not yet been released. The idea for pre-orders came when people found it hard to get popular items in stores due to their popularity. Companies were then given the idea to allow people to reserve their own personal copy, before the release, which has … Continue reading

3 Entrepreneurial Strengths That Can Also Be Weaknesses

3 Entrepreneurial Strengths That Can Also Be Weaknesses Many of the qualities responsible for getting us where we are today can also hold us back. Watch out for these three double-edged traits: Persistence Willingness to persevere despite obstacles has created many great innovations and is often the foundation for successful start-ups. However, persistence can easily … Continue reading

Pay-as-You-Wish Success Story

Another Pay-as-You-Wish Success Story By STEPHEN J. DUBNER We’ve written before about pay-as-you-wish commerce, most significantly the case of a bagel man in the Washington, D.C., area, but also a coffee shop in Seattle and three instances of pay-as-you-wish download-able music: Radiohead, Jane Siberry, and SongSlide. Now here’s another baked-goods pay-as-you-wish scheme that’s worth looking … Continue reading