Tag Archives: Entrepreneurship

$200 to set up a lemonade stand in Illinois is ‘insane’: senator

Posted on by

“It could soon cost $200 for kids to set up a lemonade stand, have a bake sale or sell cupcakes in Illinois.  ‘This is absolutely insane!’ State Senator Jim Oberweis (R-Aurora) said. ‘Somebody in Madison County went crazy and decided to enforce a law against an 11 year old kid who was baking cupcakes. That was a mistake, but it happened.’  A law that [would have exempted] up to $1000 in sales [was amended] to require anyone selling food products to take an 8 hour food service sanitation course costing $145, obtain a county health department permit costing $25, label the food products to indicate ingredients and the fact that they are homemade, plus another $35 fee.”

http://illinoisreview.typepad.com/illinoisreview/2014/05/200-to-set-up-a-lemonade-stand-in-illinois.html

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Tech Backers See Colo. as ‘Silicon Valley of Weed’

Posted on by

“Tom Bollich sees similarities between the marijuana business and the tech sector in which he saw extraordinary success.  Bollich, co-founder of Zynga Inc., the San Francisco-based online gaming company that developed FarmVille, has entered Colorado’s fledging legal marijuana industry as chief executive of Surna Inc. in Boulder. With plans to acquire additional cannabis technology platforms in the future through Surna, which he founded in August, Bollich knows he came to the right place.  ‘This is the Silicon Valley of weed,’ he said.  Surna’s first acquisition is Boulder-based Hydro Innovations, which makes cooling equipment for indoor marijuana cultivation facilities.”

http://www.ncbr.com/article/BC/20140516/EDITION/140519951

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Secrets, lies and Snowden’s email: why I was forced to shut down Lavabit

Posted on by

“It took a week for me to identify an attorney who could adequately represent me, given the complex technological and legal issues involved – and we were in contact for less than a day when agents served me with a summons ordering me to appear in a Virginia courtroom, over 1,000 miles from my home. Two days later, I was served the first subpoena for the encryption keys.  With such short notice, my first attorney was unable to appear alongside me in court. Because the whole case was under seal, I couldn’t even admit to anyone who wasn’t an attorney that I needed a lawyer, let alone why. I also discovered that as a third party in a federal criminal indictment, I had no right to counsel.”

http://www.theguardian.com/commentisfree/2014/may/20/why-did-lavabit-shut-down-snowden-email

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Robert Ringer: When Not to Save Money

Posted on by

rringer-11

“Making money is a direct result of the amount of time spent creating valuable products and figuring out ways to market them.  Marketing is the engine of every successful company, because it leads to sales — and sales lead to profits.  It all gets down to how you spend your time.  Would you rather spend it focusing on problems or opportunities?  Any overhead, no matter how small, is a problem if your income isn’t high enough to cover it.  And, in theory, no amount of overhead is too high if your income is great enough to cover it — preferably many times over.”

http://robertringer.com/when-not-to-save-money/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Mind-controlled prosthetic arm from Segway inventor gets FDA approval

Posted on by

“The prosthetic device comes from a company founded by Segway inventor Dean Kamen, and it is roughly the size and weight of an adult arm.  The arm is controlled by electromyogram electrodes placed on the remaining portion of the human arm. Those sensors pick up electric signals from muscle movements in the upper arm, and a computer in the robotic arm can tell what type of maneuver the user wants to make. The results are impressive: with the arm, amputees in clinical trials were able to perform tasks once thought impossible for a prosthetic limb. They could use zippers and keys, and they could pick up objects like grapes and eggs without crushing them.”

http://www.theverge.com/2014/5/10/5703444/deka-mind-controlled-prosthetic-arm-gets-fda-approval

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

NRG Energy Deploying Dean Kamen’s Solar-Smart In-Home Generator

Posted on by

“Beacon 10 can generate electricity from natural gas, work with a battery and rooftop solar, and provide backup in the case of a grid outage. Deka Research is headed by Dean Kamen, a renowned inventor best known for creating the Segway transporter who has worked extensively with Stirling engines. Earlier this year at the Fortune Brainstorm Green conference, NRG Energy showed a portable Stirling engine, and Crane said that the company is working with Kamen to test 200 of the machines in homes.  Beacon 10 is capable of producing 15 kilowatts of power, can send excess energy to the grid, and is slightly larger than a washing machine.”

http://www.greentechmedia.com/articles/read/NRG-Energy-Deploying-Dean-Kamens-Solar-Smart-In-Home-Generator

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

EBay, Ellison Embrace Microgrids to Peril of Utilities

Posted on by

“Microgrids are emerging as a credible threat to the dominance of America’s 100-year-old-plus utility monopoly. The systems use computer software and remote measuring devices to control energy sources such as rooftop solar panels and natural gas-fueled power generators. They allow a home or business owner, a college systems engineer or a farmer on a mountainside to generate, distribute and regulate their locally produced power with an ease and sophistication that only utilities had a few years ago.  In the developing world, they may leapfrog the need for conventional utilities — the same way mobile phones leapfrogged the need for landlines.”

http://www.bloomberg.com/news/2013-10-17/ebay-to-ellison-embrace-microgrids-in-threat-to-utilities.html

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

CNET Founder Creates New Venture That Addresses Bitcoin Volatility

Posted on by

“Halsey Minor, founder of CNET, today announced the launch of a new bitcoin venture called Bitreserve, a platform that aims to provide real-time transparency and address bitcoin volatility, transaction traceability, and proof of solvency.  The idea: Allow members of the service to hold bitcoin denominated as real-world currency.  While Minor will serve as Bitreserve’s Executive Chairman, Tim Parsa will serve as the start-up’s chief executive officer. Members of the Bitreserve system are able to hold bitcoin denominated in US dollars, euros, yuan, yen, and pound sterling. According to Bitreserve, these so-called bitcurrencies will be backed by a full reserve of traditional currency.”

http://newsbtc.com/2014/05/15/cnet-founder-creates-new-venture-addresses-bitcoin-volatility/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

WhatsApp’s Founder Goes From Food Stamps to Billionaire

Posted on by

“For Jan Koum, 38, the windfall would stand in stark contrast to his years as a teenager, when his family relied on food stamps after emigrating from Ukraine. The experience of living in a country where phone lines were often tapped, instilled the importance of privacy in him, said Jim Goetz, a partner with Sequoia Capital Ltd., WhatsApp’s lone venture capital investor.  WhatsApp doesn’t collect information like name, gender, address or age. Instead, users are approved after their phone numbers are authenticated.  ‘It’s a decidedly contrarian approach shaped by Jan’s experience growing up in a communist country with a secret police,’ said Goetz in a blog post yesterday on Sequoia’s website.”

http://www.bloomberg.com/news/2014-02-20/whatsapp-s-founder-goes-from-food-stamps-to-billionaire.html

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Robert Ringer: Handling Change

Posted on by

rringer-11

“One of the reasons Murphy’s Law is timeless is because of the annoying reality that life never seems to stay in one place long enough to pin it down.  Like a greased watermelon, just when you think you have it under control, it manages to slip from your grasp.  This phenomenon is underscored by yet another reality:  The one thing in life you can absolutely count on is that circumstances will continually change.  What is unknown is when they will change.  That being the case, it’s dangerous to base your decisions on the assumption that everything is going to continue on as it now is.  It won’t.”

http://robertringer.com/handling-change/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet