Tag Archives: Entrepreneur

THE NAME IS IN2

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

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Filed under angel, angel investor, app, Business, Education, Entrepreneur, Entrepreneurship, High Tech, Startup Companies, Startups

ENGINEERING YOUR PITCH

jockey-and-horse-t-ms-officeInsights 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

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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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Filed under Conflict, Education, Entrepreneur, Entrepreneurship, Giving, High Tech, Low Tech, Relationships, Startup Companies, Startups, The Economy

FOUNDER’S PROCLAMATION

George WashingtonrBy the President of the United States of America

A Proclamation.

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

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TOP FIVE STARTUPS THAT DIDN’T MAKE TECHWEEK’S FINAL FIVE

Startup_CityTechweek – Part 1

By Jeff Segal – Message Therapist

I love startups. But I’m cheap. So I was happy to buy the $30 Expo pass to Techweek Chicago. No way was I shelling out for the $650 VIP pass.

Which meant I got to browse Startup City and meet the founders of 70 startups, but couldn’t crash the LAUNCH Final Five event. And you know what? I’m sure it was lovely, but apparently they chose the finalists based on nothing more than concept, business model, strength of team and presentation. Bor-ing.

I selected mine, on the other hand, based on pure awesomeness. Continue reading

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MY KRAKEN ENCOUNTER

T KrakenJohn Jonelis

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

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A NEW LINE OF THOUGHT

The Lean Canvas

John Jonelis

ENURemember 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

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Filed under Education, Entrepreneur, High Tech

THE TWO LAWS

IMSA Kids at MIT Enterprise Forum

John Jonelis

From a special correspondent – Mark T. Wayne:

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

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Filed under Characters, Education, Electric Power, Entrepreneur, Games, High Tech, Low Tech

WHAT’S CLEAN

Impact Engine – Part 6

John Jonelis

~ VERBATIM from a special correspondent ~

PortaPure WaterChildLoop Lonagan here. I’m at a place where my natural greed ‘n’ avarice can do some good fer dis poor worn-out world. This is the Chicago CleanTech Competition—what you might call a race between high-tech global janitorial services. Ten distinguished judges will pick the best o’ da best—companies that’re really doin’ somethin’ to deal with the mess we’re makin’ outa our little corner o’ God’s creation. What we got here is da last ten finalists in our great city and tonight that gets cut down to five. Continue reading

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7 TIPS FROM A WINNER

Funding Feeding Frenzy – Part 5

John Jonelis

VERBATIM transcript of Loop Lonagan’s recorded notes.

FFF LogoLoop Lonagan here. I’m gonna go full circle at dis Funding Feeding Frenzy.

No, I ain’t drunk—well maybe I am by now—but what I mean is, I’m goin’ back to the start o’ this event. After all that stuff I already talked about, I’m finally gettin’ ‘round to the first speaker at the FFF—Palette App—the company that won last time. Continue reading

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SHARK TANK MEETS THE APPRENTICE

Funding Feeding Frenzy – Part 1

John Jonelis

The big Funding Feeding Frenzy is almost upon us again. Loop Lonogan covered this event last time and here’s his transcript—verbatim:

FFF LogoLoop 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

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THE POLITICS OF INVESTING

The Chicago Innovation Awards – Part 4

John Jonelis

Time Share Gulfstream JetI’m at 40,000 feet on Loren Bukkett’s Gulfstream G450 trying to squeeze out his views on two accolades at the Chicago Innovation Awards—the ones they gave to Governor Pat Quinn and Mayor Rahm Emanuel. So far Loren is holding out on me. Continue reading

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