Category Archives: Education

IN YOUR FACE RISK

fear-color-tby John Jonelis

“Oh, you’re an angel investor! Isn’t that risky?”  I hear such drivel all the time.  Are people afraid of outsized returns?  Or perhaps they don’t understand risk, don’t know how to measure it, or how to take control of it.  Yet all that is quite easily done and it’s a real charge to play the game using a Monte Carlo simulation (MC).  I’ll show what’s likely to happen if you follow three simple rules.  Then I’ll break one rule—just a little bit—and we’ll use the simulator to see what happens. Continue reading

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THE SAY/DO RATIO

Jack 2by John Jonelis

You lose him. Jack Heyden was your father, your brother, maybe your son.  A deep, intimate relationship.  You know his profession—not the details, just what he did for a living.  Normal so far.  Then things start to turn.

His business colleagues invite the family here, and you all come, nerves raw from the shock that death brings. You arrive early, numb from the flurry of duties, people, and rituals that clutter such times and obediently take your seats in front, gazing about the room.

You have no idea what to expect. Continue reading

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5 STARTUPS WE LOVED FROM TECHWEEK

Chicago’s Launch Competition

techweek-logo T

 

by Jeff Segal

Why does a B2B digital marketing agency that works with some of the biggest and best-known companies in America send a team to a startup competition?

Because marketing and startups actually have a lot in common.

  • Marketing is about problem solving, and startups are founded to solve problems.
  • Marketing is about storytelling, and every startup has a story.
  • Finally, a great marketing campaign and a successful startup both make people say, Wow, I wish I’d thought of that!

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LIAR

Liar THow Far Will You Go to be Loved?

by Howard Tullman

You’re ambitious, motivated, and totally committed to your company. But are you strong enough to always tell the truth?
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THIS AIN’T NO LEMONADE STAND

20160402_143634-JAJ TLoop Lonagan—Verbatim

What if y’could combat starvation by producin’ yer own meat ‘n potatoes—and do it right at da local food bank? Hey, I’m lookin’ at a real working prototype here.  What about a solution to student debt?  Or, maybe fer yer next birthday party, ever’body plays laser tag with drones?  Or learns music real fast?  Or gets a little help rememberin’ stuff.  I can use summa that. Continue reading

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MAY THE FOREST BE WITH YOU

Neil Kane TUsing Whole Trees in Building Construction

Neil Kane

If there was ever a way to combine high tech and high touch as John Naisbitt stated in High Tech, High Touch, his 1999 follow-up to his 1982 bestseller Megatrends, “embracing technology that preserves our humanness”, WholeTrees Architecture & Structures of Madison, Wisconsin epitomizes it. WholeTrees is an innovative company that has hit it out of the park in terms of innovating on technology while providing a substantial impact return, all while having one of the most gorgeous and aesthetically pleasing product lines you’ll ever see. Continue reading

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THE 10 COMMANDMENTS OF STARTUPS

Moses and 10 Commandments TBy Howard Tullman

Getting a business off the ground is difficult enough. Don’t commit the mistake of making it more complicated, too.

[Editor’s Note – These are business principles that every writer should know.]

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KILLER SHILLER

John Jonelis


Robert Shiller TAt Loop Lonagan’s urging, I’m walking his 85 pound bull terrier Clamps down the hard Chicago winter pavement. I don’t mind because it’s an opportunity to road test my two knee replacements. That’s right; I’m the happy product of the wonders of modern orthopedic carpentry! And I enjoy the best physical therapy known to man because I own the company!

Old Donatas Ludditis flanks my other side to make sure I don’t slip on a stray patch of ice. Despite my upbeat attitude, I hold Clamp’s heavy leather leash with some trepidation. In my condition, I seriously doubt my ability to control such a large and volatile animal. Continue reading

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APPLESAUCE AND APPLE

Light Bulb TTHE FINANCIAL MINDSET OF A NEW GENERATION

Tom McBride and Ron Nief

The students who began college this past fall have a forty percent chance of graduating in four years, and a seventy percent chance of graduating in six. Having grown up in the Great Recession they can rarely take money for granted. They are more interested in money than in love, unlike their parents, who may have grown up as hippie advocates of free love during the far more prosperous 1960s. Continue reading

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THE DRAGON LADY AND THE BIG BAD DUCK

The Donald T

By John Jonelis

                ■

“Tell me a story, Uncle Loop.”

“Okay Princess, that’s what I’m here for. First let’s get you all tucked in and ready fer bed.” Loop Lonagan sits back in the chair and opens the news app on his phone. “Let’s see what we got here.” He runs down the headlines.

  • “GANG SHOOTING ON HALSTED—No that’ll just get ya all riled up.”
  • “TERRORISTS ABDUCT CHILDREN—Nope. Too scary.”
  • “LOCAL REP ACCUSED OF EMBEZZLEMENT—”

“What’s ‘bezelment, Uncle Loop?”

“Ferget it kid. Way too boring . Here’s another one.”

  • “TRUMP IN BED WITH CLINTON—”

The small voice turns suddenly shrill. “That one! Read me that one, Uncle Loop. It’s a bedtime story.” Continue reading

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RAW TALENT

Sharks Tby John Jonelis

Ever want to be a Shark on the popular reality TV show? Wish you controlled a billion dollar investment account? Wonder what it’s like? I’m here at Chicago’s 1871 incubator doing it. Emotions run high. Hey, mine are running away with me. That guy on the end keeps grabbing all the deals! Continue reading

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YOUR BUSINESS AND YOUR CHILDREN

Child Executive0001 TBy Nick Arvis

“Why am I doing this?”   That’s the question dominating a President’s Advisory Committee board meeting (PAC).  None of the members—all business owners—intend to give or sell their business to their children.  Instead, in a reversal of traditional social norms, all of them plan to use their wealth to empower their children on whatever paths the kids happen to choose.The members range in age from early forties to mid-fifties. Each of them has done very well. Their children range in age from the early grades to out-of-the-nest adults.

. Continue reading

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