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 […]
Here are some interesting facts and figures about the US grocery shopping habits and what Amazon has to contend with to be successful: How long does the average shopper spend in the grocery store? According to the Time Use Institute, the average shopping trip takes 41 minutes. If you multiply that by the 1.5-trip per week average, that’s over 53 hours per year you’re spending in the grocery store. When do shopping trips take the longest? If you want […]
Online grocery shopping trends in the United States from 2012 to 2021 and statistics and facts on consumers’ online grocery shopping trends in the U.S. This statistic highlights online grocery shopping sales in the United States in 2012 and provides an estimate until 2021. The U.S. online grocery market is estimated to generate sales worth of about 14.2 billion U.S. dollars in 2017, with sales forecast to reach 29.7 billion U.S. dollars by 2021. Among the leading online food and […]
“Educate, Inspire and Realize Innovation” by World Chicago Pro Fellows As published in World Chicago Pro Fellow –Medium.com Innovation and Realization Fast growth and success of Facebook and similar startups show us that is possible to succeed with a simple idea and become most popular social network in the world. An idea to be the entrepreneur wasn’t so undesirable anymore. Facebook story show to young people that they can be the new Zuckerberg, have their own company and get […]
© Getty Images This article is written by ROSS CAREY, executive vice president of Business Banking at U.S. Bank and chairman of the Consumer Bankers Association. And, was published on – THE HILL, 06/01/17 If economic trends continue as expected, Friday’s all-important jobs report will show further strengthening of the labor market and a declining jobless rate across the nation. With national unemployment at a 10-year low, the U.S. economy has arrived at a pivotal moment. In conversations […]
Your Personal Pricing Young entrepreneurs frequently ask me: “Why do you do this for a living?” Well, I tell them, I know my value relative to the price that any employer (customer) is going to pay me (service provider) for consistently delivering that value to them as a paid employee. While I came prepared to answer business & pricing model design questions in front of a live student audience, I hadn’t realized that the value model was the basis for my […]
Keeping Tally! A protégé of mine recently contacted me about his disappointment in his entrepreneurship professor’s poor attempt at team building…a seasonal arts and crafts exercise. Our phone chat led to an engaged discussion about my thoughts on an article he had come across as it relates to his desire to emulate what my business partners and I do as practicing entrepreneurs. The Finance & Philosophy major got the following reader’s digest of this article from me: Investors, of varied […]
Chicago, IL, May 25: On May 1, Startup Port welcomed two U.S. Department of State sponsored Professional Fellows via WorldChicago’s Tech Innovation, Entrepreneurship and Education Program. It’s hard to believe how three weeks have flown by. It’s time for them to go back to their homeland. It has been a great pleasure hosting Igor Mirkovic (From Croatia) and Mirza Resic (From Bosnia) at Startup Port. Igor’s knowledge in the IT business development field has helped not only Startup […]
We’ve taken offices at the McCormick Building on Michigan Avenue where we’ve secured discounted rental rates for the startups that work with us. If you’re a startup, investor or potential partner / affiliate looking for space, work with us today. The McCormick Building with it’s location provides close proximity to Lake Michigan, Millennium Park, The Art Institute of Chicago, Orchestra Hall, the University Club, the Palmer House Hotel, the Chicago Athletic Club and the Chicago Club within a few blocks […]
Do you like the culture in your company? Your to-do list is a mile long and you don’t have the time to babysit and police everyone’s behavior but you see problems with your culture. This is an issue many entrepreneurs face. The truth is, it is your responsibility to hold the standard and make sure everyone else does as well. You must […]