Tagged: entrepreneur

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Auto/Economy
10:16 am
Wed February 15, 2012

Midwest leaders look to immigrants to rebuild our economy

In many ways, the headquarters for Eastern Floral in Grand Rapids, Mich. is like a factory. It’s in an old building with brick walls. The floor is smooth, cold concrete. A noisy printer rattles off new orders.

But of course, it smells amazing in here. Designers stand at long wooden tables, primping and pruning flowers. Red tulips. White daisies. Yellow roses. And just about any other flower you can imagine.

Bing Goei, the owner, says this work is more like artistry.

“I think you have to be born with that.” he says. “I was not. I admit it.”

Goei says this with a laugh.

But he was born with something else that turned out to be its own asset. He was born with a foreign birth certificate. His parents were Chinese. He was born in Indonesia, then moved to the Netherlands. From there, they moved to Grand Rapids, like a lot of Dutch people before them. Except, they have a Chinese name.

And like many of those immigrants before him, Goei worked hard. He started in the flower business in high school. Now, Eastern Floral has seven locations, about 60 year-round employees – twice that around Valentine’s Day – and the company has over $5 million in annual revenue.

Goei says being an immigrant, and being an entrepreneur, there’s a connection there.

“Almost every immigrant that comes to this country has come because they see America as that land of opportunity,” he says. “So immediately, their drive is to fulfill that dream.”

The data on this backs Goei up.

The Kauffman Foundation reports that immigrants are twice as likely as people born in America to start a business.

Richard Herman is an immigration attorney in Cleveland. Herman and Cleveland Plain Dealer reporter Robert Smith wrote a book called Immigration, Inc.

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Business
4:29 pm
Sun January 29, 2012

Event helps entrepreneurs network

More and more people have been attending an annual event that helps entrepreneurs turn their ideas into realities.

It’s called The Annual Collaboration for Entrepreneurship and it happens Tuesday, January 31. It’s hosted by the economic development organization Ann Arbor Spark.

Skip Simms is Ann Arbor Spark’s senior vice president. He says the event helps people with small operations engage in some good old fashioned networking, which can help them grow their businesses. Simms says in a few years’ time, these small start-ups could grow into the next DOW, Kellogg, or GM, and hire thousands of employees in Michigan.

About 1,000 people went last year and the space outgrew its original location at Washtenaw Community College. It now takes place at Skyline High School in Ann Arbor. Tickets are $20 at the door.

Auto/Economy
10:16 pm
Mon October 10, 2011

Gov. Snyder wants to attract immigrants ready to start businesses

Credit Lindsey Smith / Michigan Radio
Governor Rick Snyder tells the 'World Affairs Council of Western Michigan' he wants immigrants with talent and money who are willing to invest in the United States to come to Michigan.

Governor Rick Snyder says he wants to attract more foreign entrepreneurs to the state. Snyder told a gathering of “The World Affairs Council of Western Michigan” he’d would like to leverage a federal immigration program to attract new jobs and investments.

The EB-5 immigration program

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Economy of ideas
6:30 am
Tue March 29, 2011

$5,000 for good ideas in Grand Rapids

Tonight two Michigan entrepreneurs will give away $5,000 in a competition devoted to creating buzz around good ideas. Rick DeVos and Bill Holsinger-Robinson are trying to help make the best ideas a reality.

On the last Tuesday of each month, Pomegranate Studios (a business incubator DeVos and Holsinger-Robinson founded in Grand Rapids two years ago) offers 5 people 5 minutes to pitch their idea for a business, an organization, art project, anything really.

A panel of 5 judges then awards up to five thousand dollars to those with the best ideas.

Bill Holsinger-Robinson says they want to give people a platform for their ideas to grow.

“The event is really less about the grant making and is more about people sharing ideas and then getting people to act on those ideas within a community.”

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Entrepreneurship
11:09 pm
Tue February 22, 2011

Unemployed chef awarded $2,000 to start “underground supper club”

Credit Kurtis Garbutt / Flickr

Grand Rapids chef  Brian Gerrity with an idea for an underground supper club called “Fire & Knife” got $2,000 towards that goal.

“I’m a mercenary chef right now, chef for hire. It’s a fancy way of saying I’m unemployed."

He wants to offer a temporary venue where chefs don’t have to worry about normal constraints like food costs holding back their creativity.

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Entrepreneurship
11:39 am
Sun January 30, 2011

New event offering $5,000 a month to put good ideas to work

Credit 5x5night.com

Entrepreneurs will get a unique opportunity to get their business idea off the ground in Grand Rapids. During “5x5” 5 people will have 5 minutes to present their ideas on anything from art to education to business. 5 judges will decide which of the ideas should be awarded up to $5,000.

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Business
4:57 pm
Wed November 3, 2010

Amway to settle lawsuit alleging unfair and illegal business practices

Amway logo
Amway logo

Amway is one of the leading, if not the largest, direct selling companies in the world. Three people trying to sell the vitamins, cookware and beauty products the company distributes sued an Amway subsidiary in 2007. They claim the company then known as Quixtar misled them about start up costs and how much money they'd make.

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