entrepreneur

Agency entrepreneur? Go to the bank.

MDC Partners, the holding company that owns Crispin Porter & Bogusky and Kirshenbaum Bond Senecal & Partners, is announcing a “Million-Dollar Challenge” to hopeful entrepreneurs who want to start their own marcom agency.  The New York Times article reported that MDC will choose at least one plan from 10 finalists and invest $1 million in starting it up in exchange for a 51% stake.

Would you trade 51% of your new agency for the capital to open it? Doesn’t sound like a great deal to me. Although, if you need help with your business plan, I could be persuaded to consult for a 10% stake…

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Friday, June 25th, 2010 Insights No Comments

Want to start a school? Easy Campus makes it…um, easy.

We’ve long predicted that new technologies will fuel a wave  of educational entrepreneurship.  It looks like we may be in for a tsunami.

Educadium’s just-launched EasyCampus virtual school builder makes it easy, fast, and affordable to open an online school or create a corporate university. Educators can set up a scalable online school in minutes, and pricing starts at under $30 a month.  The cost can be higher depending on the number of user accounts and storage space you need.

From all appearances, Educadium is as ‘next-gen’ as their products. The Portland, OR startup operates virtually out of several cities. They are also doing an admirable job of using PR and social media to drive interest in their new product. (Follow their tweets for really innovative higher-ed news topics, and it isn’t hard to find them on LinkedIn.) You can register to view a demo here, or simply watch it on YouTube.

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Monday, July 27th, 2009 Higher Education No Comments