Entrepreneurship

Seniors are nation's fastest-growing group of entrepreneursRestricted Content

July 27, 2009
Peter Schnitzler
For four decades, Jim Ashby worked as a manufacturing floor manager, first for General Motors Corp., then, after a buyout, for an Ingersoll Rand subsidiary. He likes to relax and fish, but Ashby considers himself too energetic for retirement. He’s now 67 years old. And a first-time entrepreneur.
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Candle company cooks up products with a 'green' twistRestricted Content

July 27, 2009
Kim Puckett
After working in retail management for four years, Rich and Jodi Scheve decided to take business into their own hands—and their own garage. Passing on business plans for Subway and South Bend Chocolate Co. franchises, the couple skirted heavy franchise fees and started Twisted Wick Candle Co.
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A taste of summer: CPA spends summers as ice cream manRestricted Content

July 20, 2009
Riya V. Anandwala
Certified public accountant Dave Norris bought a 1976 Good Humor truck and started his family-owned U Want Ice Cream mobile route in 2007, aiming to make a personal connection with people—along with a little extra money.
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Businesses discover dangers of relying too heavily on a single client or industryRestricted Content

June 29, 2009
Peter Schnitzler
In this deep recession, many local small-business owners suffer a harsh dilemma: Heavily tied to a single supplier, customer or industry, they must diversify or die.
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Heartland Distillers joins mini-boom in artisan spirit-makingRestricted Content

June 1, 2009
Kim Puckett
Since January, Heartland Distillers has turned out several small batches of its first signature spirit—Indiana Vodka—available at about 300 area retailers.
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Recession forces small-business owners to take second jobsRestricted Content

May 25, 2009
Peter Schnitzler
With sales slowed to a crawl, some entrepreneurs must take second jobs working for others to make ends meet.
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Recession has a domino effect on venture capitalRestricted Content

May 11, 2009
Peter Schnitzler
Call it a trickle-down effect, but not the kind President Reagan would have liked. The recession has cost most institutional investors, such as university endowments, about a quarter of their value. As a result, venture capitalists' primary source of funding has dried up. The implications for Hoosier entrepreneurship are stark.
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'Peanut King' diversifies to keep 52-year-old company thrivingRestricted Content

April 20, 2009
Sam Stall
Richard Green Co., founded in 1957, is a mini-conglomerate of sorts, selling pretty much anything necessary for work in the food-concessions business.
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Indy Power drops electric-car focus for more lucrative control boxesRestricted Content

March 30, 2009
Chris O'Malley
After a stint making parts for electric cars, Symphony Motors recently became Indy Power Systems, changing course to make power control boxes for a variety of vehicles and also industrial and military applications.
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Proprietary developments withering from recessionRestricted Content

March 16, 2009
Scott Olson
Financing is the lifeblood of companies turning intellectual property into a product or service, but turbulent economic conditions have made it increasingly difficult to raise cash from investors who are content to wait out the storm by concentrating on their existing portfolios.
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How to innovate your way out of this recessionRestricted Content

February 23, 2009
CJ McClanahan
It doesn't matter what industry you are in or how well you have prepared--we will all be affected by what has taken place in the financial markets over the past several months.
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Broad Ripple natives grow up to be neighborhood entrepreneursRestricted Content

February 23, 2009
Peter Schnitzler
Many Broad Ripple business owners say the neighborhood is an oasis for eclectic and independent small entrepreneurial ventures.
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Fast-growing Tuitive seeks to put unintuitive programmers in back seat of software, Web designRestricted Content

February 16, 2009
Chris O'Malley
Jonathan Arnold sees big business potential in his firm "Tuitive," which specializes in cleaning up the confusion caused by programmers, who often put features and functionality ahead of making their product intuitive to use.
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Mass Ave shops thrive 'in the city'Restricted Content

December 29, 2008
Jo Ellen Meyers Sharp
Talk to anyone about Kristin Kohn and her "In the City" ventures and you hear the same thing, over and over: Smart. Enthusiastic. Fun. Entrepreneurial. And hardworking, especially when it comes to Massachusetts Avenue.
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Angie's List chief builds company, rebuilds Holy CrossRestricted Content

December 29, 2008
Peter Schnitzler
For several years, Angie's List CEO Bill Oesterle also has been quietly attempting to revitalize the near-east side.
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Businesses on MLK give revitalization another shotRestricted Content

December 22, 2008
Whitney Lee
The newly organized MLK Business Revitalization Association aims to bring new life to the neighborhood west of downtown by uniting area business owners behind a common goal -- cleaning up the community to attract other entrepreneurs.
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3M prepares launch of Hoosier startup's toothpasteRestricted Content

December 22, 2008
Peter Schnitzler
In January, St. Paul, Minn.-based 3M will release "Clinpro 5000," a specialty toothpaste Indiana Nanotech developed.
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Note to Hoosier entrepreneurs: Fight on!Restricted Content

December 22, 2008
Jon Ford
Great leaders are not born out of good times â?? they are born out of severe challenge.
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IT veteran to teach entrepreneurship classRestricted Content

December 15, 2008
Indiana University will offer a new course on entrepreneurship in the information technology sector at the IU School of Informatics at IUPUI next semester.
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Franchises can be safer business investments in tough timesRestricted Content

December 15, 2008
Scott Olson
What is the current state of franchising, given the tough economic environment?
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Indiana Venture Center shutting downRestricted Content

December 1, 2008
The Indiana Venture Center, a local not-for-profit that mentors Hoosier entrepreneurs and startup companies, is shutting its doors.
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Despite recession, small businesses support charityRestricted Content

November 24, 2008
Kathleen McLaughlin
In the Indianapolis area, small-business owners told IBJ that they give in whatever way they can, and would like to continue as long as their finances allow. But a Chronicle of Philanthropy survey indicates that giving is already on the decline.
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Sashay Modeling and Finishing School successful in first yearRestricted Content

November 24, 2008
Whitney Lee
After a 25-year real estate career, Claudia Lynch opened a modeling/acting school after she couldn't find a quality school where her own grandchildren could have fun, learn poise and gain confidence.
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Teens not as eager to go it alone in bizRestricted Content

November 24, 2008
In its seventh annual "Teens and Entrepreneurship" poll, Junior Achievement has found that 13- to 18-year-olds are less interested in starting their own businesses than they were a year ago.
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Purdue University launches Center for Energy Systems and Policy to meld research, business, public policyRestricted Content

November 10, 2008
Chris O'Malley
Last month, Purdue University launched the Center for Energy Systems and Policy to make sure its researchers are working early in the process with business and public-policy experts at the university.
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