Recent Blog Posts

Online used-car marketplace expands to Cincinnati

March 25, 2013
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Indianapolis startup MaxTradein has expanded its operations to Cincinnati, taking the first step in what its founders hope will be a national rollout.
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Carmel-based tech startup shifts strategy

March 14, 2013
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As important as business planning is, the path to success is rarely without obstacles—or opportunities. Savvy entrepreneurs like Janell Shaffer and Danielle McDowell recognize that and adjust along the way.
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Tech startup PatentStatus counting victories

March 6, 2013
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PatentStatus was named the Entrepreneurship Advancement Center’s Top Emerging Business for 2013. But founder James Burnes is just as proud of another milestone: It's making money.
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Crowdfunding startup ready to make connections

February 27, 2013
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The founders of Indianapolis-based LocalStake aren't in any rush for the SEC to write the rules governing crowdfunding. It can match private companies with small investors now.
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Projects aim to make Indianapolis nicer

February 20, 2013
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Local Web marketing firm SmallBox and consumer-ratings service Angie’s List this month chose 10 high-potential community projects to back with $1,000 "Nice Grants." Now the fun part begins.
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Local survey offers peek at social media strategy

February 13, 2013
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Preliminary survey results of Carmel marketing firm Roundpeg's annual survey show more than 30 percent of small businesses devote at least an hour to social media each day. Is the impact worth the effort?
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Entrepreneurs seek to bolster Hoosier startup community

February 6, 2013
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Five Indiana startup advocates were in our nation’s capital Tuesday, pitching a plan to bolster the state’s entrepreneurial ecosystem. What's on your wish list?
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Preaching to the choir could be good strategy

January 30, 2013
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Call it culture-powered marketing or internal marketing or just good business. Whatever the label, it makes sense for organizations to cultivate a work environment where employees rally around a shared objective.
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Verge on verge of growing up

January 23, 2013
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With more than 2,000 members attending monthly events organized by chapters in Indianapolis, Bloomington and West Lafayette, tech entrepreneurship group Verge is poised to expand, outgoing executive director Matt Hunckler says.
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UPDATE: ‘Nice Grants’ program grows

January 18, 2013
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On Thursday, Indianapolis-based Angie’s List said it would kick in $5,000 to double the number grants awarded Feb. 8.
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SmallBox staff gives up bonus to be 'Nice'

January 16, 2013
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Local marketing firm SmallBox next month will award five $1,000 “Nice Grants” to individuals or groups that need some financial help pulling off an idea that could benefit the Indianapolis community.
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New goals for a new year

January 2, 2013
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Whether we make hard-and-fast resolutions or more squishy wouldn’t-it-be-great goals, most of us can’t avoid imagining what 2013 will bring.
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Butler introduces major in entrepreneurship and innovation

December 19, 2012
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Students will be required to take an existing practicum class—now optional—during which they work in teams to operate businesses for a semester.
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What's New: MaxTradein

November 28, 2012
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Meet Justin Bates and Peyman Rashid, who founded MaxTradein last fall and hope to have the online used-car marketplace operating in 30 markets within six months.
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Ready, set, shop!

November 21, 2012
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Before you blow the holiday budget on Midnight Madness deals and Tryptophan Thursday specials, independent shop owners want to make sure you know about Small Business Saturday.
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Green BEAN sows seeds of growth

November 14, 2012
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Green BEAN Delivery’s roots may be in central Indiana, but the homegrown firm also is planting itself in Cincinnati—literally.
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Innovation accelerates business

November 6, 2012
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Days like this make me realize how lucky I am to write about entrepreneurship, to seek out and share the big ideas that often start in small business.
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What's New: FoundOPS

October 31, 2012
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Meet Jon Perl and Oren Shatken, co-founders of Startup Bowl winner FoundOPS LLC.
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What's New: Medley Portraits

October 24, 2012
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Meet Cassandra Medley, who launched Medley Portraits in August and specializes in taking photos of special-needs children.
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Powder Keg aims to blast Indy startups onto national scene

October 17, 2012
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If Indianapolis’ startup community is on the brink of exploding, Matt Hunckler wants to light the match.
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Small loans for small businesses

October 5, 2012
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Business Ownership of Indiana is ramping up its micro-lending program, awarding a $10,000 loan to Indianapolis-based Stage Ninja LLC. Can such small amounts make a difference to fledgling firms?
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What's New: Simply Helpful

September 26, 2012
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Meet Tara Elder, who launched Simply Helpful in April to aid entrepreneurs and other business leaders overwhelmed by their to-do lists.
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Update: Swimming with sharks can be painful

September 15, 2012
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Indianapolis entrepreneur Derek Pacqué pitched his business idea to potential investors on national TV and walked away empty handed—by choice.
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IU grad pitches biz idea to TV 'sharks'

September 11, 2012
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CoatChex founder Derek Pacqué is gearing up for a Friday product launch party that coincides with his appearance on the ABC television show “Shark Tank,” where he pitched his idea to potential investors including serial entrepreneur Mark Cuban.
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Hoosier Momma growing sales, ambitions

September 10, 2012
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For a company committed to slow-but-steady growth, locally based Hoosier Momma has built some enviable momentum.
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  1. By Mr. Lee's own admission, he basically ran pro-bono ads on the billboard. Paying advertisers didn't want ads on a controversial, ugly billboard that turned off customers. At least one of Mr. Lee's free advertisers dropped out early because they found that Mr. Lee's advertising was having negative impact. So Mr. Lee is disingenous to say the city now owes him for lost revenue. Mr. Lee quickly realized his monstrosity had a dim future and is trying to get the city to bail him out. And that's why the billboard came down so quickly.

  2. Merchants Square is back. The small strip center to the south of 116th is 100% leased, McAlister’s is doing well in the outlot building. The former O’Charleys is leased but is going through permitting with the State and the town of Carmel. Mac Grill is closing all of their Indy locations (not just Merchants) and this will allow for a new restaurant concept to backfill both of their locations. As for the north side of 116th a new dinner movie theater and brewery is under construction to fill most of the vacancy left by Hobby Lobby and Old Navy.

  3. Yes it does have an ethics commission which enforce the law which prohibits 12 specific items. google it

  4. Thanks for reading and replying. If you want to see the differentiation for research, speaking and consulting, check out the spreadsheet I linked to at the bottom of the post; it is broken out exactly that way. I can only include so much detail in a blog post before it becomes something other than a blog post.

  5. 1. There is no allegation of corruption, Marty, to imply otherwise if false. 2. Is the "State Rule" a law? I suspect not. 3. Is Mr. Woodruff obligated via an employment agreement (contractual obligation) to not work with the engineering firm? 4. In many states a right to earn a living will trump non-competes and other contractual obligations, does Mr. Woodruff's personal right to earn a living trump any contractual obligations that might or might not be out there. 5. Lawyers in state government routinely go work for law firms they were formally working with in their regulatory actions. You can see a steady stream to firms like B&D from state government. It would be interesting for IBJ to do a review of current lawyers and find out how their past decisions affected the law firms clients. Since there is a buffer between regulated company and the regulator working for a law firm technically is not in violation of ethics but you have to wonder if decisions were made in favor of certain firms and quid pro quo jobs resulted. Start with the DOI in this review. Very interesting.

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