Entrepreneurship Blog Posts

The next 100 years

June 25, 2008
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Thereâ??s nothing like travel to change oneâ??s perspective on the world. Graham Toft, perhaps the stateâ??s most experienced economic development expert, has traveled a lot in the past couple of years, consulting to state governments worried about rebounding from their doldrums. The...
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The next Fortune 500 companies

April 23, 2008
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Conseco has dropped off the Fortune 500, leaving WellPoint, Lilly, Cummins and NiSource as the only Indiana companies remaining. Several Indiana firms are closing in on the elite list, though. One is Steel Dynamics, the Fort Wayne company that recycles scrap metal....

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Comparing Chris White, Hilbert

April 8, 2008
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Reaction to retail developer Chris Whiteâ??s downfall is sounding a lot like when Steve Hilbert was forced out of Conseco Inc. eight years ago. Hilbert made himself the talk of the town by taking tens of millions of dollars in salary...
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About that other airline

April 4, 2008
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As postmortems fly on ATAâ??s second, and final, nosedive into bankruptcy, another Indianapolis airline is doing a lot better and getting hardly any attention. Republic Airways Holdings Inc. isnâ??t a household name because it quietly flies regional routes on...
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Judge this elevator speech

April 1, 2008
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Results are in for Purdue Universityâ??s second annual Elevator Pitch Competition, and a transcript of the winning pitch for the graduate-level division is below. Bob Caswell spit this out in less than two minutes, less time than the ride to the...
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Angie's List takes on health care

March 24, 2008
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As of today, youâ??ll be able to scour Angieâ??s List for ratings on doctors, health insurance and other health services. The Indianapolis company made its name by rating plumbers and other home repair services. Will the same approach work with...
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Adding to the life science corridor

February 1, 2008
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For years, dreamers have envisioned a life sciences crescent stretching from West Lafayette down Interstate 65 to Indianapolis, then along State Road 37 to Bloomington. The thinking was, this corridor would take advantage of Indiana and Purdue universities and IUPUI as...
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Are these incentives a good deal?

January 31, 2008
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Gov. Mitch Daniels dished out $6.3 million in incentives as part of Defender Directâ??s expansion announcement yesterday. But was the carrot a good deal for us taxpayers? Defender Direct, which sells home security and satellite dish systems, plans to add 1,100...
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Count 'em: two IPOs

December 17, 2007
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Itâ??s been awhile since the Indianapolis area has had two initial public offerings in the works at the same time, but thatâ??s exactly what we have. And theyâ??re software firms to boot â?? businesses Indianapolis and other Midwestern cities have...
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'Creative class' debunked?

November 28, 2007
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The Wall Street Journal carried an interesting op-ed piece yesterday by a researcher who claimed cities are putting their eggs in the wrong basket by trying to attract young single professionals with a â??brew-latte-and-they-will-come-approach.â?? Joel Kotkin, presidential fellow at Chapman University,...
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  1. With Pence running the ship good luck with a new government building on the site. He does everything on the cheap except unnecessary roads line a new beltway( like we need that). Things like state of the art office buildings and light rail will never be seen as an asset to these types. They don't get that these are the things that help a city prosper.

  2. Does the $100,000,000,000 include salaries for members of Congress?

  3. "But that doesn't change how the piece plays to most of the people who will see it." If it stands out so little during the day as you seem to suggest maybe most of the people who actually see it will be those present when it is dark enough to experience its full effects.

  4. That's the mentality of most retail marketers. In this case Leo was asked to build the brand. HHG then had a bad sales quarter and rather than stay the course, now want to go back to the schlock that Zimmerman provides (at a considerable cut in price.) And while HHG salesmen are, by far, the pushiest salesmen I have ever experienced, I believe they are NOT paid on commission. But that doesn't mean they aren't trained to be aggressive.

  5. The reason HHG's sales team hits you from the moment you walk through the door is the same reason car salesmen do the same thing: Commission. HHG's folks are paid by commission they and need to hit sales targets or get cut, while BB does not. The sales figures are aggressive, so turnover rate is high. Electronics are the largest commission earners along with non-needed warranties, service plans etc, known in the industry as 'cheese'. The wholesale base price is listed on the cryptic price tag in the string of numbers near the bar code. Know how to decipher it and you get things at cost, with little to no commission to the sales persons. Whether or not this is fair, is more of a moral question than a financial one.

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