Posts in Entrepreneurship

What’s The Most Important Piece of a Startup?

Last evening, I spoke to the DePaul University CEO Club.  They are a group of college students that are interested in entrepreneurship and leadership of companies in general.  Hashim Ali invited me using Twitter. Instead of preparing a bunch of …

America and Startups Need Immigration Reform

There is a debate in the US Senate right now on immigration reform. Instead of doing what’s best for the country, it has descended into pure politics.  Democrats want blanket amnesty and very low bars of immigration because they think …

Chicago: Hotbed of Employment Innovation

One of the first things I thought of when we started Hyde Park Angels was not to mimic Silicon Valley.  No other area can be like that place.  Why try to re-create it when people can just move there? In …

Legislating Against Education Innovation in Illinois

There is no doubt among rational minds that the nation has a broken educational system.  People I speak with from both sides of the aisle agree on that point. What we do about it is subject of much debate and conjecture. …

Can You Wait? Or Are You Frozen by Indecision?

Waiting is brutal for me.  I hate to wait.  Lately, it feels like all I am doing is waiting.  Waiting for this to happen.  Waiting for that to happen.  If this, then that-or If that, then this. Can you wait …

Unemployment, Co-Working and The Santelli Exchange

Was on CNBC today.  Rick Santelli had me on his show today to talk about employment, the economy and we talked briefly about the future of work. for the record, I don’t have an investment in Nextspace, but have one …

Entrepreneurial Hammers in Search of Nails

Lots of startup activity here in the midwest.  Pretty cool.  It’s nice to see it happen because a few scant years ago there wasn’t much to see.  Part of it is the awareness of entrepreneurship as a career.  Part of …

Angel Investor Question-Would You Invest?

Here is an investment question for you.  You have money to invest and are approached by a person with a cutting edge technology:  3D printing. You have heard of 3D printing and they want to set up a retail store …

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 …