Current Issue: May 2011
In an economic crisis, those in a troubled industry can sometimes be comforted by the fact that as bad as it might be here, it's even worse someplace else. Call it the "at least we're not those guys" phenomenon. That can be applied to areas like housing and construction, where at least we're not Miami or Las Vegas, or the auto industry, where we may be struggling, but hey, we're no Detroit.
Arguments about climate change and environmental protection have centered for years on two extremes: the "we'll all die if we don't do it" pole and the "it would destroy the economy" pole. Hearing this rhetoric, many business owners have worried that their activities were harming the environment, but also thought they couldn't address it without harming their businesses too.
Morrie Wagener is the founder and CEO of Morrie's Automotive Group. His love for automobiles began as a young boy and he was able to pursue his passion for cars by attending Dunwoody Technical Institute in Minneapolis. In 1957 he graduated at nearly the top of his class and he started his career as a mechanic working on imports at a small dealership in Wayzata.
Minnesota entrepreneurs boast plenty of small business ideas, but getting from the concept to the establishment stage can be tough, particularly in a time of limited funding, hesitant angel investors and lowered resources. Cem Erdem is ready to take on that challenge.
So many small and mid-size businesses put off a website makeover because their last site not only broke their bank account, but tried their patience. It wasn't that long ago that creating a website was one of the most dreaded, thus procrastinated, parts of running a business.
The walls were charred and the roof had caved in. Broken windows gaped like open mouths. The blend of February air and gallons upon gallons of water from a fire hose had turned everything into ice.
A few years ago, while using a leaf blower to clear debris from a golf tee box, Katie Schwegman noticed her co-worker using a pail and scoop to fill a shallow hole in the soil, which occurs when a golf club unearths turf after making contact with the ground. Her co-worker was using the current method of repairing a golf course, which is, according to Schwegman, backbreaking and time-consuming.
For decades, cars and trucks in the Twin Cities have sported the Lupient name long after being driven off one of the dealership group's lots. Jim Lupient was never in the business for the status, though-he just loved selling cars. Now that he's away from the sales floor, he reflects on what it took to build such a well-known dealership.
I trained diligently for my last marathon, put in additional time to increase my weekly mileage, did extra track workouts to build up my speed, and invested many hours analyzing the data and charts my training wristwatch spat out after every run. When race morning arrived, I knew my body was ready for a successful run.
When Earl Bakken and his brother-in-law were tinkering around with medical electronic equipment in a garage near the U of M, Minnesota was hardly the state we know today. In 1949, few Minnesotans had more than a high school diploma and many had stopped school at the eighth grade. In terms of prosperity, Minnesota was perfectly average. We ranked 25th in per capita income.