entrepreneurs

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Top 6 US Cities for Young Entrepreneurs

Austin is No. 1

(Newser) - Some cities are better than others when it comes to offering opportunities to young entrepreneurs. MoneyRates.com has ranked the best ones based on population growth, educational level, taxes, and how many of these workers are already bringing home a nice paycheck. The Lone Star State gets more than one... More »

11-Year-Old's Lemonade Now on Sale at Whole Foods

Mikaila Ulmer first won a $60K investment on Shark Tank

(Newser) - A sixth-grader in Austin, Texas, has turned a lemonade stand into a booming business now that she has expanded her reach to multiple states through a deal with Whole Foods, reports Time . Mikaila Ulmer's secret recipe for BeeSweet Lemonade comes from her great-grandmother, and contains flax seed and honey... More »

Meet the Dudes Who Make $1K a Week Waiting in Lines

Robert Samuel charges $25 for the first hour and $10 every following half-hour

(Newser) - Robert Samuel is a professional time-killer. As the founder and CEO of Same Ole Line Dudes (or SOLD) in New York, he'll keep your place in line to ensure you get your hands on "iPhones, the latest Air Jordans, or the hottest Broadway tix in town." SOLD... More »

Man Makes $10K a Month With 'Stupidest' Idea Ever

Sending potatoes to people. With messages on them. Like, for real

(Newser) - When Alex Craig pitched a business idea to his girlfriend over dinner one night earlier this year, her instant reaction was, "This is the stupidest idea I've ever heard," he tells WFAA . But Craig was determined to see his inspiration take root—and now, just a few... More »

Sheryl Sandberg's Entrepreneur Husband Dead at 47

Dave Goldberg died unexpectedly

(Newser) - A Silicon Valley entrepreneur who also happened to be the husband of Facebook exec Sheryl Sandberg is dead unexpectedly at age 47, reports CNNMoney . The cause of Dave Goldberg's death is unclear, but it occurred while he was on vacation abroad with Sandberg, according to a post by Mark... More »

ObamaCare, Creating Jobs? So Says New Report

90 new companies have appeared since the law kicked in

(Newser) - Critics have called ObamaCare a job-killer and blamed it for reduced salaries, yet at least 90 new companies devoted to health care have cropped up with as many as 6,200 employees since the law kicked in, Bloomberg reports. One such company—and the biggest, with 900 workers—is Zenefits,... More »

Girl, 15, Hires CEO to Run Her Babysitting Company

Noa Mintz founded business as 6th-grader

(Newser) - The Baby-Sitters Club has nothing on Noa Mintz. The 15-year-old New York City girl started Nannies by Noa in August 2012, and the New York Post figures a "conservative estimate" of $375,000 in revenue (without specifying a timeframe). CNN Money notes that as an 8th-grader, Noa was devoting... More »

Massachusetts Man Figures Out How to Profit Off Snow

People are paying $89 for packages of 'historic' snow

(Newser) - In what must be one of the greatest sales feats on record, a Massachusetts man has managed to actually sell some of the absurd amount of snow that has fallen on the state this winter. Manchester-by-the-Sea resident Kyle Waring tells Boston.com that he got the idea for ShipSnowYo.com... More »

Introducing: A $20 Bike Made of Cardboard

Inventor hopes to have it in mass production soon

(Newser) - It's a pretty nifty idea assuming it all comes together: An Israeli inventor has made a bicycle almost entirely out of cardboard and hopes to have it in mass production in months, reports Reuters . Izhar Gafni swears his $20 bike is uber-durable, thanks to a treatment of organic materials... More »

Tech Moguls: Modern-Day Robber Barons

Mark Zuckerberg, Jeff Bezos equally big on biz, not values

(Newser) - Ten of the world's richest 100 people have ruthlessly siphoned their billions from IT, making today's tech moguls the equivalent of the infamous capitalist robber-barons of last century, like John Rockefeller or Andrew Carnegie, writes John Naughton in the Guardian . From Bill Gates and Mark Zuckerberg to Sergey... More »

'Genius' Visa Goes to Playboy Playmate

'Frisky Friday' inventor Shera Bechard now resides in US

(Newser) - Want a US visa? Starting a craze like "Frisky Friday," which encourages women to tweet their scantily-clad photos, might just do the trick. "Frisky Friday" inventor and former Playboy Playmate Shera Bechard received a so-called genius visa to live in the US, and she's not alone.... More »

Kickstarter Campaigns: How Many Actually Succeed?

Nearly half fail: new infographic

(Newser) - Kickstarter is set up to help dreamers in need of dollars (and, of course, it also helps James Franco sell invisible art )—but how many campaigns actually succeed? A new AppsBlogger.com infographic spotted by Mashable reveals that around 41% of Kickstarter campaigns fail. The infographic takes into account... More »

Teenage Entrepreneur Squatted in AOL Offices

Eric Simons turned AOL campus into his personal office

(Newser) - A teenage entrepreneur found the perfect place to develop his new software: AOL's campus in Palo Alto, Calif. Only problem: No one knew he was also eating, sleeping, working out, and doing his laundry there, CNET reports. Eric Simons had invented his educational software, ClassConnect, in a new campus... More »

What's It Take to Get a Wikipedia Page? Try $300

Two experts will create one for you (if you're 'Wiki worthy')

(Newser) - If you're important enough to warrant your own Wikipedia page, it should, in theory, just kind of appear on its own. But sometimes, giving it a $300 nudge doesn't hurt. Two Brooklyn entrepreneurs charge that much to craft an in-depth entry for you or your business on the... More »

Romney to Go-Getters: Borrow $20K From Parents?

ThinkProgress: It shows again he's 'out of touch'

(Newser) - Good advice for young entrepreneurs or another sign that Mitt Romney can't relate to ordinary Americans? Romney told Ohio college students yesterday that if they wanted to start a business, they should just borrow $20,000 or so from their parents, as a friend of his did. (Jimmy John... More »

10 Celebs Who Burst Into Business

Jessica Alba, Sammy Hagar branch out

(Newser) - Celebs are excellent at promoting themselves, so why not move into other products? Here are 10 stars who were bitten by the entrepreneurial bug, courtesy of the Street . More »

AOL Co-Founder to Head 'Startup America'

Steve Case to lead White House's pro-entrepreneurship campaign

(Newser) - President Obama's entrepreneurship campaign is getting a helping hand from the tech industry. AOL co-founder Steve Case will lead the "Startup America Partnership," a drive to increase investments in startups and small businesses, Bloomberg reports. The initiative already has the backing of a number of tech giants: Intel... More »

Virtual Business Yields Real Profits

Second Life hosts $567M economy

(Newser) - The real economy is mired in recession, but on sites like Second Life, the virtual economy's booming. Thanks to opportunities for entrepreneurs in everything from hats to land, user-to-user transactions totaled to over $567 million in real dollars last year. "The barriers to entry are really, really low for... More »

Let Entrepreneurs, Not Uncle Sam Create Jobs

Obama jobs plan will turn the US into France

(Newser) - President Obama paid lip service to America's spirit of entrepreneurship in his jobs proposals this week, but his policies will turn the US into France instead of a 21st century rival to Asia, warns Daniel Henninger. Entrepreneurship involves some people getting extremely rich, and that's something the Democrats just don't... More »

Online Wiz, 29, Sells Firm for $170M

Aaron Patzer makes a mint when Intuit buys his finance site

(Newser) - Aaron Patzer recently joined the ranks of America's under-30 tech multi-millionaires when rival firm Intuit snapped up his Mint.com online personal finance tool for $170 million. "It was a jaw-dropping moment" when Intuit—which is transferring its 43 million Quicken users to Mint—made the offer, Patzer tells... More »

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