Showing posts with label Entrepreneurship. Show all posts
Showing posts with label Entrepreneurship. Show all posts

Wednesday, January 14, 2009

2009 Index of Economic Freedom

Yesterday's WSJ featured an Op Ed presenting this year's Heritage Foundation/WSJ Index of Economic Freedom, which can be accessed here: http://www.heritage.org/index/

This index is intriguing, and is a great tool that is useful in a number of ways. If you haven't seen it, take a look.

One contention that Terry Miller (one of the co-editors) makes is that there is a strong "positive correlation between economic freedom and national income". As proof, he points out that "...the freest countries enjoy per capital incomes over 10 times higher than those in countries ranked as "repressed"."

So what do you think?

Some tidbits worth exploring:

Tuesday, July 24, 2007

Business Plan Competitions

Although I'm certainly no expert, after participating on the team that one the University of Chicago's New Venture Challenge, I felt like a lot of the advice in this article made sense.

Keys:
1) Solicit Advice. - Similar to the article's "get mentors" but locate people that are willing to assist, you'd be surprised how many are out there.
2) Listen (and incorporate) advice. - Amazing how often this was ignored.
3) Practice and be prepared. - I combined these, but this should go without saying...

Take a look: http://www.businessweek.com/bschools/content/may2007/bs20070530_800860.htm.

Thursday, July 19, 2007

Becoming an Entrepreneur

Several people I've spoken with have indicated a desire (similar to mine) to start their own business, and I've shared with them some of the insights and resources that have been provided to me. To recap, they are shared here:

- Polsky Center for Entrepreneurship - As part of the University of Chicago's Graduate School of Business, there are some great resources available for those of you that are starting a business from the "ground up". Although it's geared primarily to current students, the Center can help to provide access to those students, and businesses can also compete for funding in exchange for student participation in the business entry. If you are interested in specific contacts, let me know and after I speak with them I'll try to provide specific information in a future post.

- Franchising / Business Advice - Through networking, I've been introduced to Leo Wisniewski, who is a franchisee and coach that helps individuals identify their goals and ultimately locate an appropriate business (franchise or otherwise). Although he and I have only been working together a short time, he's shared some very valuable insights, and I encourage you to reach out to him, which you can do here: http://www.mydreambiz.net/MoreAboutLeo.htm. For a later post, and without stealing any of Leo's thunder, I'll briefly share two important points he impressed upon me, but I encourage you to explore Leo's own blog, radio show, and contact him directly.

My early conversations with multiple individuals on starting a business have been very encouraging, and I'm happy to help provide introductions to folks that might benefit from some of the resources I've been privileged enough to speak with, so reach out if the interest is there.