In my November 14, 2011, column Reengineering Capitalism I introduced the One Million by One Million (1M/1M) project. My proposal is that if one million entrepreneurs can reach $1 million each in revenues, that would translate into 10 million jobs. Over the past few months I have been studying the entrepreneurs who come to pitch
SitStay, Inc. started as an online mom-and-pop dog supply store that has become one of the largest dog supply retailers on the Internet, defying conventional wisdom about the viability of selling pet products online. Readers may recall the failure of Petopia and the collapse of Amazon-backed Pets.com, which raised $82.5 million in an IPO in
Vivek Wadhwa asks a great question on TechCrunch: Is Entrepreneurship Just About The Exit? Vivek and I had a long discussion on this topic last weekend, and he extensively references that discussion in the piece. You have also read my recent piece, Built To Enjoy, on this topic. Vivek offers a number of good examples.