I’ve asked it before, “The way you conduct business—is it meaningful to those left behind?” Is it?
I’m here at the Levy Entrepreneurship Group, talking with some of the most brilliant business minds in Chicago. This group’s been meeting for over 60 years. It’s the genius of Joe Levy, the prolific entrepreneur, investor, philanthropist—the son of a south Michigan Ave car dealer. Joe was an endless entrepreneur—constantly learning, constantly experimenting—the quintessential gentleman who gave everybody an at-bat—who spoke quietly but directly and told the truth as he saw it. He pushed people off the bag. “You’re lousy at this. What are you good at? Contribute. Help somebody.” People found inspiration and hope. Never a disparaging word about Joe. “If you don’t have a satisfied customer, you’re compromising your future.” He was the original automobile mega dealer, angel investor, entrepreneur, and philanthropist. “God put me on this earth to produce, not to consume.” Joe Levy is dead at 92. Continue reading
Filed under angel, angel investor, Business, Characters, Death, Education, Entrepreneur, Entrepreneurship, Giving, Influence, Relationships, Startup Companies, Startups, Story, vc, venture capital
by John Jonelis
What happens when you give kids—highly gifted in math and science—a state-of-the-art facility entirely dedicated to entrepreneurship? This could be the best-designed business incubator on the planet and the students are going to create real businesses here. Hey—this is too much fun! It sure doesn’t look like high school to me! Where did they put the usual long halls walled by the usual rows of lockers? Where are the standardized rigid rectangular classrooms?
This is IN2, the new entrepreneurship center at IMSA—the Illinois Mathematics and Science Academy—the Statewide high school for the best and the brightest. It’s located near Chicago and students live on campus, as if attending a university four years too soon.
IMSA will host a big party and ribbon cutting for the new IN2 innovation space on the 30th of the month—that’s the 30th anniversary of the school’s founding. I had the unique opportunity to preview this amazing facility. Here’s a sneak peek: Continue reading
Insights from the Cornerstone Angel Meeting
by Stephanie Wiegel
Angel investment deals aren’t made on the spot as the TV show Shark Tank suggests. Instead, entrepreneurs are excused from the meeting after delivering their pitches. If you’re vying for early investment money, what’s said behind these closed doors can make or break a deal. Continue reading
By the President of the United States of America
Whereas it is the duty of all nations to acknowledge the providence of Almighty God, to obey His will, to be grateful for His benefits, and humbly to implore His protection and favor; and—Whereas both Houses of Congress have, by their joint committee, requested me “to recommend to the people of the United States a day of public thanksgiving and prayer, Continue reading
I am sitting with the audience at the Funding Feeding Frenzy in Chicago—a big event for startup companies like mine that need investors to make things happen. I wipe sweaty palms against my suit pants—my turn to present—my turn to make a fool of myself is coming up fast. Continue reading
The Lean Canvas
Remember when you wrote that 50 page business plan—the one that nobody actually read? Well, you never have to do it again! Now you can put it all on ONE PAGE. Continue reading
IMSA Kids at MIT Enterprise Forum
From a special correspondent – Mark T. Wayne:
Frankly sir, I am flabbergasted! This is something beyond my experience! Think of it. High school students turned serious entrepreneurs. These are children in suit and tie—teams of them politely waiting to speak in turn without interrupting the others. Not so much as a spit wad—do you hear me? Not one! That in itself is cause for more than casual interest. And no fluff here, sir! These kids seek equity funding without so much as a blush. And they do it with such aplomb. Continue reading
Funding Feeding Frenzy – Part 1
The big Funding Feeding Frenzy is almost upon us again. Loop Lonogan covered this event last time and here’s his transcript—verbatim:
Loop Lonagan here. I’m at the Funding Feeding Frenzy ‘n’ there must be more’n 1000 people here and lots more goin’ in and out all day. If you wanna see what’s happening in the Chicago Startup Community, this is the place to be and you can do it all in one single day. But don’t ferget—there’s sharks in them waters and they bite. Continue reading