Posts in Entrepreneurship

Startup In Illinois or Texas? What Should A Startup Consider?

In a fight to get more jobs for Texas, governor Rick Perry came to Illinois to talk about the business climate in Texas.  Mayor Rahm Emanuel cracked a pretty good joke about it. Last fall, I was in Madison, Wisconsin.  Their …

Russian River Brewing Company

Today is my last day on the coast.  Spending time with family, and hanging out. We took a trip up to the Russian River Brewing Company.  Wow.  Place was packed. It was so packed it was almost impossible to buy …

How Much Is Enough?

In the latest budget, Obama decided to try and get yet another tax increase on “people making more than $250,000 per year”.  He also is starting to make a move to go after private pensions. That movement was started back …

How Does Medicine Innovate?

Speakers on innovation love to quote The Lean Startup.  The book lays out sort of a template for software companies to follow so they can innovate cheaply.  The costs to apply technological solutions to solve long standing problems has never …

New Pitching Idea for Startups

Monday evening I had the good fortune to be invited to speak at the local Wharton Alumni Club chapter on the startup scene in the midwest.  I quickly went through my presentation and then did Q+A as long as they …

Do You Drug?

Was on another blog and interacted with Shana Carp.  She is a U of Chicago  graduate that lives in NYC-and has an interesting idea for a startup she is working on.  Ask her about it. The blogpost was about getting …

Greed is Good

Immortal line quoted by cynics all the time from the movie Wall Street. The assault on greed in the past several years has been astounding. It’s morphed into an assault on capitalism. But, the people behind the assault hated capitalism …

Is An Acquisition a Failure?

This post is intriguing because a person that created a company considers the acquisition of his company a failure.   Their company was unique, because they didn’t have any investors.   Investors would consider what they did a success-and I …

Lean In-It’s Tougher for Women in Business

Today I was at a lunch sponsored by the Economic Club.  Facebook COO ($FB) Sheryl Sandberg spoke about her book Lean In.  Then she took some questions from Twitter.  Maybe we should have posted stuff on her wall-but I digress. …

The Tablet Can Take Your Order

Obamacare is pushing up the cost to hire new employees, and increases the cost to retain older employees. Higher minimum wage laws also increase the cost. Threat of lawsuits from employees also heightens risk and potentially can put them out …

The Wisdom of Crowds

There is a misnomer in the conversations that are taking place right now among people.  They are misapplying the “wisdom of crowds” theory from Hayek. The way we are applying the logic of the crowd wisdom, we are creating groupthink. …

Should You Work From Home?

Thanks to Marissa Mayer ($YHOO) for making this issue front and center.  As more and more of the US workforce transitions into independent contractors, people are being faced with a choice.  Do they set up a home office and work …

A Transaction Tax is Not The Solution To HFT

In Europe, they are enacting a transaction tax on trading to “curb effects of HFT”.  That’s merely an excuse.  There are people out there that have proposed a transaction tax on trading for the last 50 years.  Government budgets are …

Ubering At The Doctor’s Office

The following is a guest post by Jake Plummer.  I have known Jake since he became affiliated with Hyde Park Angels. Jake’s involved in the Chicago entrepreneurship and investment community.  Previously, he managed a medical practice at The University of Chicago …

How Do You Create A Corporate Culture?

Corporate culture is one of those touchy feely things that a lot of people talk about, but few really know anything about.  There is the P&G ($PG) culture, IBM culture( $IBM) and Apple ($AAPL) culture which are legendary.  There are …

Starting A Business Using Twitter

Last night my wife and I walked over to Union  Sushi and sat at the sushi bar.  The first time I went to Union, it was for a sake tasting.  I highly recommend it.  If you come to Chicago, you have …

Fauxpreneurs What Should We Do With Them?

Yesterday Phil Beauregard wrote an article in PandoDaily about getting crappy people out of your ecosystem.  Nice.   Points and Figures has written about this theme starting with 95% of the time good liars tell the truth. Reading the comments …