Entrepreneurs

Harriet Taylor | CNBC

With almost half the country having passed legislation that legalizes marijuana to one extent or another, the pot economy has bred a new wave of entrepreneurs looking to cash in on America’s newest legal cash crop. Last year alone, marijuana brought in about $2.7 billion to states that have legalized it, whether medicinally, recreationally or …

Source: Kate Rogers
Troy Reed and his son Chase Reed are Harlem-based entrepreneurs who buy, sell and trade Air Jordans and other brands at their Sneaker Pawn USA store.

Like many 16-year-olds, Chase Reed spends his days tied to his iPhone and Instagram account. But you won’t catch his dad, Troy Reed, bugging him to get off social media anytime soon. That’s because with each “like” the teenager acquires online, the father and son are seeing big dollars. The father and son have opened …

Craig F. Walker | The Denver Post | Getty Images
Kristin Brinckerhoff ponders the selection of marijuana at 3D Cannabis Center in Denver, Jan. 2, 2014.

Marijuana entrepreneurs in Colorado recently got a reminder of the risks associated with selling a product that’s technically illegal under federal law. In the end, there’s no business guarantee. Attorneys general in neighboring states filed a lawsuit last week with the Supreme Court attempting to overturn parts of Colorado’s historic marijuana law. They were able …

Colleen and James students 4

A young biomedical engineer is hoping to reduce avoidable hospital-acquired infections with a lighting technology that kills bacteria.

Paul Bradbury | Getty Images

As the world looks for innovative ways to jump-start economic growth through job creation, more attention is being focused on how entrepreneurship can ignite the process. Taking that into account, the 2015 edition of the Global Entrepreneurship Index—which measures the quality and scale of small-business start-up activity—was released today, coinciding with Global Entrepreneurship Week, an international …

Source: Richard Branson | Linkedin
Richard Branson works from his home on Necker Island

Tired of only two weeks of vacation a year? Perhaps you should work for Virgin—where boss Richard Branson believes employees should be allowed to take off as much time as they want. The self-made billionaire laid out Virgin’s vacation policy on the company’s website in a blog post on Wednesday entitled “Why we’re letting Virgin staff take …

David Paul Morris | Bloomberg | Getty Images
Nicholas 'Nick' Woodman, founder and chief executive officer of GoPro.

Nick Woodman is described as a “mad billionaire,” a thrill seeker who drinks Red Bull, eats McDonald’s and howls his way down ski slopes. But Woodman, who is the founder of action camera maker GoPro, also is an entrepreneur, now running one of the most popular consumer electronics companies on the planet. Read More GoPro’s hot, but …

Photo: Adam Jeffrey, CNBC

China’s rich have acquired many of the tastes of the Western rich: art, Gulfstream jets, DRC Burgundy, and Hermes bags. But Bill Gates says they haven’t embraced one of the most important: philanthropy. Last year, China’s top 100 philanthropists donated a mere $890 million, according to the Hurun Report. America’s top 50 donors, by contrast, …

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Meet two guys who saw the future of television, left their job and risked it all to be part of the transformation and eventually turned a profit.

Entrepreneur school

Stanford University students are enrolling in a special program that aims to teach them how to become high-tech entrepreneurs.

Bridgewater Historical Society

Landegren set out to give Americans the kind of chocolate products they craved, made with better ingredient, “a superb business concept eh, yet it failed miserably.”

Bright Ideas: GoldieBlox

“Engineering doesn’t have to be this incredibly intimidating, math, science-y thing. We can start showing girls engineering actually changes people’s lives and it can help make the world a better place,” says the woman behind GoldieBlox.

College football and second screens

One legendary coach is hoping to change the way fans watch football by using a second screen strategy.

honest

They’ve been telling the Honest Tea story for years. “We grew it from five thermoses and an empty Snapple bottle with a label pasted on it to over a hundred million bottles a year,” Co-Founder and CEO Seth Goldman likes to say. Goldman and his former business professor at the Yale School of Management, Barry …

Source: Kickstarter
Kickstarter home page

Crowdfunding is a way to raise money by asking many individuals to contribute funds, often in small amounts, to a specific business venture or cause. The contributions can be in small amounts, say $1, or large amounts such as in the thousands of dollars or even millions. Crowdfunding can also refer to the funding of …