The importance of R&D and business development is crucial for any advancement in trade and business for States. This new report shows slow R&D growth in Illinois, despite key academic and business areas of strength. It seems like in Illinois we are doing a lot of R but not enough D. And, that my friends is not good for business. We need to find ways of opening up the R portion of the equation which is still in […]
At Startup Port we do NOT focus on tips, tricks, hype and hacks. Instead, we focus on the things that build a strong foundation for accelerated growth and mitigating operational and financial risks. That is why we worked for few months on gathering this important study on the impact of Incubators and Accelerators on the future of startups. We are not the judge or the jury, we are just laying out some data and facts and point out the reality.   […]
Beware of the copycats. We are celebrating the seventh year of our Startup Port Sprint 90 fast track to success program for startups. We have noticed that many have started to copy our process but we are confident that they don’t have the insights or the deep dive knowledge to deliver the right solutions for our startup ecosystem. So beware of the “me too” copycats and stay away from the white noise. Let us remind the followers that our process […]
Many working Americans are getting a raise this Saturday, July 1st Minimum wage hikes take effect Saturday in cities, counties and states across the country. California workers will see the highest increases. Other parts of the country have approved more modest minimum wage bumps. As a baseline, reminder that the federal minimum wage is $7.25 an hour. Congress hasn’t raised it in 10 years. Illinois: Chicago: $11 an hour. Cook County, Illinois: $10 an hour. California: Los Angeles: $12 an […]
Happy Independence Day to all. This July 4th celebration we will spend (sorry burn) over a billion dollars in fireworks (China thanks the US for this great celebration as most fireworks come from there.) According to the American Pyrotechnics Association, the total amount of fireworks used: 285.3 million pounds, at a cost of $1.09 billion! -2016 figures- (I am wondering is any progressive friends are calculating the poison, toxins and heat generated by this mayhem.) As for food & drinks […]
June 2017: McDonald’s will introduce more than 2500 kiosks in the US locations. Some don’t feel that humans should do these low paying jobs. Nonetheless, removing all these jobs from the market has drastic impact on employment and other social issues. We need to spread the benefits of automation more broadly. And. especially make sure that the displaced segment of the jobs are somehow supported in some other fashion. By the way the reason this automation is happening is the […]
Do you see the glass half full or half empty? Challenge yourself to a new perspective to see things in a more dynamic way by abandoning duality! Our society and the peer pressure is pushing us to embrace is the superiority of optimism. We have been programmed (from family and schooling) to the verge of obsession with positivity. The HR of corporations measure it, nations focus on happiness indices, the media at large analysis the social benefits of optimism […]
A great Podcast from our affiliate partner and friend Mike Dermer: Podcast #1102: Interview with Ron Dermer, Israeli Ambassador to the US: Israel’s Struggle: The Entrepreneur Spirit Embodies a Nation. In this episode, Michael Dermer from The Lonely Entrepreneur interviews his cousin Ambassador Ron Dermer, the Israeli Ambassador to the United States. Ron explains how the struggle of Israel as a nation and the spirit of the Israeli population has led to a culture of innovation and entrepreneurship. Ron shares […]
Startup Port Looks to Benefit from Sherpa’s Client Relationships on the East Coast Chicago, IL: June 25, 2017 Startup Port looks to benefit from its relationship with Sherpa Business Advisors, LLC (“Sherpa”) and the firm’s Founding Partner. A series of speaking and client engagements will take Archel G. Desir back to Boston, Philadelphia and New York where the entrepreneur has formerly studied and worked. Though the majority of his professional career has been with larger institutions within the hedge fund […]
How we all became experts on everything. (And master of none!) (Condensed from an article by Rex Huppke of the Chicago Tribune) This is the trap of the information age. We have so much knowledge at our fingertips that we think a few finger taps on the mouse turn us into resident experts on anything. It seems there was a time when we humans were better at staying in our lanes. If you had a legal problem, you […]