Monday, May 7, 2012

Business Idea In The Trash; Boutique Shops At Target; Drunk Spray

Monday, May 7, 2012
Lucinda Yates' childhood home in Portland, Maine, was the summer hangout for all the neighborhood kids, with whom she would play and plan activities like carnivals for charity. But when Yates was 16 years old, a sudden family tragedy destroyed that idyllic home life -- and by the time she was 25, Yates was living on the streets of California with a 3-year-old daughter.

After surviving a year and a half of homelessness in the early 1980s, Yates moved back to Portland and started putting her life back together by waitressing and selling jewelry part time. But her true breakthrough came in August 1988, when she noticed some colorful mat boards in a frame shop's trash can. She pulled the discarded boards out of the garbage and started cutting them into elementary shapes, eventually creating a pin that looked like a house. Yates sold the pins to a local homeless shelter for $6, which in turn sold the pins for $10 to raise funds.
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BLOG POSTS
Adam Marsh: Innovation Ecosystem: A Global Shift in Capitalism?
If you want to start a tech company and need capital, a web search for "venture capital firms" will return over 10 million hits. But if you have capital and just need a great idea, you are not going to find it with Google.
Sandy Abrams: Mompreneurs: Helping Parents Plan For College
Jodi Okun was ready to get back to working after raising her kids who had left for college. She strategically thought about what she enjoys doing and then made a plan to build a business based around her passions.
Pete Mason: The Difference Between 'Eat More Kale' and 'Eat Mor Chikin'
Bo Muller-Moore sat down to talk with me on the phone this past weekend and shared his story, the journey he has been on the past six months and the new documentary that will shed light on the future of 'Eat More Kale.'
Aaron Shapiro: Anything They Can Do, You Can Do Better
Uncertainty is an easier destination to arrive at than confidence, especially when the truth is, there's no such thing as making anything that's really new. Everything is an evolution of something else. But you can make something better.
Richard Barrington: Where the Jobs Are: 5 states Leading the Recovery
While it would be great if all areas could share in this recovery, having some areas of exceptional growth can act as a real catalyst for the economy. With any luck, where these areas of dynamic growth lead, more jobs, stronger sales and higher savings account rates will follow.
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