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WHO DO YOU TRUST?
Donatas Ludditis – “At any given moment, eight groups are working on the same idea. Somebody will do what you’re doing whether or not you do it yourself.”
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IF WE BUILD IT, THEY WILL COME
Moises Goldman PhD – guest writer
Many in industry believe that logistics is now THE important field of study. Nothing could be further from the truth.
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CLEANTECH COMPETITION
Loop Lonagan—This is a real simple story. I’m watchin’ ten green companies go head-to-head. Hey, dis old world needs a good scrubbin’, doncha think? I’m here, trying to use my natural greed on somethin’ constructive fer a change. I glance around and see a company I know has da potential. We’re gonna hear some good stuff.
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THE SUM OF THE WHOLE
Moises Goldman PhD – guest writer
In today’s digital environment, the words entrepreneurship and innovation are the flavor of the day. Universities and even certain high schools believe they are preparing their students to go out into the world armed with the necessary tools to excel. But are they?
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HOPE AND PARANOIA IN THE NEW DIGITAL AGE
Jeff Segal – guest writer
“If you have something that you don’t want anyone to know, maybe you shouldn’t be doing it in the first place.” – Google CEO Eric Schmidt, 2009
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MIT WHITEBOARD CHALLENGE
Mark T Wayne—Five minutes, a marker, and a whiteboard. That’s all you get with this jaded crowd of critics, skeptics and swarming humanity. You’ve come here to bare the greatest idea of your life and all the dreams that go with it. You competed for a chance at this grueling event against near a hundred early-stage teams. You’re one of only ten to make the finals. Now they give the signal and you start like a runner off the blocks. And when your five minutes are up, it’s “NEXT!” No excuse will answer, sir! You are not permitted to utter another word, so you sit down to bite your nails.
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GOOGLE’S AMAZING ASCENT
Jeff Segal – guest writer—Once upon a time, not all that long ago, Google was a startup. But I remember when google was a noise you made to entertain a baby. Google’s rise from startup to global domination is truly astonishing. Now they’re telling us about technology’s power to thwart terrorism and bring dictators to their knees.
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A NEW LINE OF THOUGHT
John Jonelis—Remember 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.
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THE TWO LAWS
IMSA Kids at MIT Enterprise Forum
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.
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WHAT’S CLEAN
Loop Lonagan—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.
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UNWIRED
Donanatas Ludditis—I like these smartphones. No computer—I too old for that now. No desk—I hate desk. No lug briefcase—use cloud instead. Hey, is progress. A man cannot fight such things. So what you want I should do? I carry a cute little iPhone and big Samsung Galaxy in pockets and trousers not fall down! Life is good!
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GOOD OUTCOMES
Mark T. Wayne—YOU have a secret weapon—the Patient Guidance System™. They also call her by her initials, PGS. I call her Peggy Sue. Who is she? This is the 21st Century sir! She’s technology!
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ANOTHER DROWNING MAN
John Jonelis—You don’t ask a drowning man if he wants to be saved,
When you know he’s sinking down—down beneath the crashing waves.
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GIVE IT AWAY
Loop Lonagan—It ain’t easy fer these companies to get this far. Most startups just grub fer money. These guys gotta make money BY DOIN’ GOOD. And these is da ones Impact Engine picked to do the job.
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LIGHT UP A CONTINENT
Loop Lonagan—Here’s what makes it so exciting: The best way to solve a social problem is to find a way t’ make money while yer fixin’ it. That way the solution becomes whacha call self-sustaining. They call it social entrepreneurship. I like da sound o’ that phrase.
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THE FUTURE OF LEARNING
Loop Lonagan—Hey, I’m all for anything that blows away the status quo in American education. What we got is broke. Ever’body knows it’s broke. And we’re fallin’ behind the rest o’ the world. Even Cuba’s got a better educational system fer heaven sakes.
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THE TWO WHEELS OF CHANGE
Loop Lonagan—We’re gathered here to get richer by makin’ all them other poor slobs around the world prosper! This I like! The auditorium’s packed with serious investors. Over 500 o’ them rascals. They’s all squealin’ ‘n’ squirmin’ to get a piece o’ the action. Sheesh—I ain’t seen so much money in one room since I…well I ain’t s’posed to talk about that so lemme move on.
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WHAT’S GOOD?
Loop Lonagan—Dis is somethin’ dat can change da world. I saw this gal charge-up a roomfulla sleepy thought leaders with the energy of an oxyacetylene torch. Ideas and plans fly off her like da Fourth o’ July. She’s the reason I’m here. So I stagger outa my cab into da Chase Auditorium to hear IMPACT ENGINE rev it’s cylinders.
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7 TIPS FROM A WINNER
Loop Lonagan—Raising money is a full time job. As CEO, raising capital turns out to be the #1 job. So you pitch wherever you can. Make cold calls. Meanwhile, there’s five trillion in investment dollars hidden away in IRAs. That’s right—I said five TRILLION dollars—almost a third as big as the national debt! It dwarfs private capital. Blows it away! And when that dam bursts, money’ll flow all over the place.
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THE RESUME IS DEAD
Loop Lonagan—If you use the old-fashioned methods to find employees, yer gonna get tons o’ applications to wade thru. Lots ‘n’ lotsa paper. Most o’ those’ll be the wrong people for the job. Then you gotta interview all of ‘em. Are you a professional in modern interview techniques? So yer wastin’ alota time and money. And it’s all happenin’ when yer short on help. What’s needed is modern filtering and modern analytics. So where do you go to get that? Along comes Kauzu.
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THE LUCKY DOG
Loop Lonagan—Summa the best inventions are the simple ones, and hey—how come YOU ain’t the first one to think of it?
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THE BUM IN ME
Loop Lonagan—I always say there’s a lot to bein’ a good bum. You feel so warm inside when you drop a buck in his hat. ‘Specially near Christmas. Makes your whole day. Some ‘o these derelicts play musical instruments and summa them is pretty good at it too. Come to think of it, these guys fill an important role in society. They’re public servants. Maybe the city should fit ‘em into their patronage system. It’d mean more votes for The Chicago Machine. After all, The Machine is politicians. And politicians is people paid to be bums.
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SHARK TANK MEETS THE APPRENTICE
Loop Lonagan—Lemme tell you what happens,
but first, remember my rules:
1. Tell a good story.
2. Don’t get the judges mad.
3. There ain’t no third rule ‘cause three strikes and yer out.
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THE SECRET OF HARD TIMES
John Jonelis—Here’s my secret: Hard times create a supply and demand imbalance. Innovation takes off, but at the same time investors run scared. Banks won’t lend. You end up with too many good ideas and not enough capital. That’s when I buy.”
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I NEVER WORKED A DAY IN MY LIFE
John Jonelis—‘I loved what I did. To me working was the greatest things in the world. I still average twelve hours a day. I never felt I worked a day in my life.’
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