| November 12, 2009 |
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- Entrepreneur takes power walks
Aaron LeMieux was hiking along the Appalachian Trail when he became frustrated by the need to frequently stop to buy batteries for his music player. LeMieux, a mechanical engineer, spent years finding a way to convert the energy of a person's footsteps into power for an electronic device such as a smartphone. LeMieux says just 2.5% of a walker's energy can recharge an iPhone. National Public Radio/WCPN-FM (Cleveland)
(11/9)        
- Shifting gears in the Motor City
Several entrepreneurs are working to bring jobs and prosperity back to Detroit, despite the city's myriad problems. They cite low costs, high education levels and financial incentives among the factors that brought them to Detroit. Some say they see their companies as a way to help turn the city around. CNNMoney.com
(11/11)        
- Talking turkey about family funding
Holiday dinners can turn into de facto board meetings when family members have invested in your company, warns Meg Cadoux Hirshberg. To keep things as simple as possible, she recommends structuring family investments as short-term loans rather than equity positions. Inc.
(11/2009)        
- Companies bet that more businesses will embrace video
About 2% of small businesses use online video as part of their marketing, but several entrepreneurs are hoping that is about to change. Although entrepreneurs usually start out by experimenting with free video sites such as YouTube, more professional alternatives are beginning to crop up. Companies such as Sorenson Media and Fliqz are hoping entrepreneurs will be willing to pay at least $99 a month in exchange for more features. USA TODAY
(11/11)        
- Not all opportunities are equal
Unmet needs may present a business opportunity, but not all perceived needs can sustain a profitable company, says Raffi Amit, professor of management at the University of Pennsylvania's Wharton School. In this Q-and-A, Amit discusses the questions an entrepreneur should ask when evaluating an opportunity, starting with the "W questions" -- who, what, when, where -- applied to customers and competition. Knowledge@Wharton
(11/9)        
 | When things go wrong, losing the confidence of venture capitalists is far less painful than losing the faith of one's family."
--Meg Cadoux Hirshberg, writing in Inc.
        
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