After The Demise Of His Electronics Firm, Sam Oh Is Back
Sam Oh helped build Coby Electronics, a once-successful low-price electronics company that shuttered in 2013 amid financial troubles. Now, at 52, he’s working with his children to create a new audio company from scratch. This time, he’s doing things differently. Oh’s big idea is to offer consumers three different headsets with three different types of sound to appeal to different listeners. Here’s how he surpassed his $180,000 goal on Kickstarter. Read more.
Inside One Woman Investor's Plan To Get Black Female Founders Funding
Black women are the fastest-growing group of entrepreneurs in the U.S. They own 1.5 million businesses, and their companies generate $44 billion a year. So why have black women received only .2% of all venture funding in the past five years? That was what Kathryn Finney set out to uncover when she launched Project Diane, a definitive study of the state of black women in tech entrepreneurship that took the better part of a year to complete. Read more.
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The Founder Of DuckDuckGo Explains Why Challenging Google Isn't Insane
Gabriel Weinberg, 36, runs an eight-year-old search engine that is a David to Google’s Goliath. With a staff of 40 contractors and full-timers, DuckDuckGo hosts three billion searches a year, compared to Google’s trillion-plus. Its primary selling point? It offers real privacy because it does not track searches or store users’ history. And it may not be huge, but it does make a profit. Read more.
Why This South Carolina Business Owner Picks Trump
Tim Justice is the seemingly rare establishment business owner backing celebrity business owner Donald J. Trump. As the C.E.O. and cofounder of Rescom Construction, Justice has been making over commercial interiors in upstate South Carolina since 1989. Today, his company employs 23 people, who generate $10 to $12 million in annual revenue. Why is the 55-year-old entrepreneur, who served as chair of the Greenville Chamber of Commerce in 2009, supporting Trump? Because he thinks the U.S. sits on the precipice of disaster. Read more.
Michael Kaplan (Credit: Michael Kaplan)
Clicks Or Bricks? A Women's Retailer Says Online Margins Aren't Necessarily Higher
Eleven years ago Michael Kaplan cofounded Fashion to Figure, a clothing retailer that caters to plus-sized women and teens, a market estimated at $18 billion in the U.S. In an interview, Kaplan talks about why there are too many malls, why margins are not necessarily better online and how his brick-and-mortar stores help his Web sales. "When we’ve gone into a new market with a store," he says, "Internet sales have quintupled." Read more.
Britain's Evolving Business In India
Best known among the British public as founder and chairman of Cobra Beer, Lord Bilimoria is also the founding chairman of the UK-India Business Council. "There is no running away from the fact that the whole world is now trying to do business in India," he says. "The UK is the largest investor in India...but there is now strong competition between leading economies to do business in India." Read more.
