Category Archives: Case Studies

This Company Offers One-Stop Shopping For Artisanal Food | Entrepreneur

In 2009, three software engineers, a CFO and an HR exec came up with a savory idea: They would create a platform that lets shoppers make purchases from multiple artisan food producers and have everything delivered in a single order, along with certain big-brand staples.

“To be successful, we knew we had to work with artisans in each city and build an online farmers market filled with local products,” explains Lior Lavy, co-founder and COO of Dallas-based Artizone.

Today the company works with hundreds of purveyors who sell everything from pancake mix to sea salt in three markets. We talked to Lavy about how he’s helping small food businesses expand their reach.

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The Basics of How I Built a Seven-Figure Business Without Employees | Entrepreneur

There is a lot to be said for those rare few that possess the ability to create huge companies with hundreds or thousands of employees that are all just ecstatic to be at work. It is exceptionally difficult and equally as impressive, which is why they end up taking up space on the front page of a major magazine or journal.

Although it appears flashy and glamorous, particularly with the amount of celebrity that todays super entrepreneurs wield, there is a tremendous amount of flexibility that is lost, almost by default, once you pass a certain size. Now, not only am I not one of those few, but I really don’t want to be.

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This Guy Sold His Startup for $575 Million in Cash — And Gets to Keep Every Penny | Entrepreneur

On Tuesday, the dating website Plenty of Fish got acquired by Match Group, an IAC/InterActive subsidiary that recently announced plans to go public later this year. Plenty of Fish sold to Match Group for $575 million in cash.

Markus Frind, 36, is the founder and CEO of the Vancouver-based Plenty of Fish.

Frind told Business Insider he started Plenty of Fish in 2003 “as a way to improve my résumé.”

“At the time there was a new programming language called ASP.NET, and I don’t like reading books, so I just went and created the site in two weeks, and then people started signing up, much to my surprise,” he said. “And it blew up from there. It wasn’t like I had a plan to create a dating site. It was just a side project I created that got really big.”

Frind, who was a developer before he founded Plenty of Fish, built the site without any venture-capital funding. He has retained complete ownership of the company, which has 75 employees.

“By the time I found out what VCs were, I was already making millions in profit, and I didn’t see the need to raise money because I wouldn’t know what to do with it,” he told Business Insider. “It was a profitable company, and there was no need to raise money.”

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How one Italian restaurant stands out in New York City | Mashable

It’s hard not to feel like you’re part of the warm and caring Italian family when you walk through the doors at West 56th street in New York City. Sal Scognomillo, the current head chef at Patsy’s Italian Restaurant is a jovial, sweet man who exudes a genuine contentment with life — hard to find in the city, where so many appear beaten down by how difficult it is to make it here.

Patsy’s Italian Restaurant has been around since 1944, when Pasquale Scognamillo opened up the location in Midtown. Since then, four generations of the family have worked in the kitchen preparing the food, and front of the house greeting guests and answering the phone. What really separates Patsy’s Italian Restaurant from the thousands of other restaurants in New York City is they make everyone who walks through the door feel like family.

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This Amazing Story of Courage and Leadership Stayed Secret for 50 Years | Inc

getty_458098480_970627970450096_60347Early in his career, Sir Nicholas Winton was a stockbroker; in later years, he worked for international relief organizations and other charities. But for 50 years, nobody knew his greatest achievement and contribution to humanity.

We often celebrate entrepreneurs for being dynamic business leaders. That’s a good thing, but entrepreneurship itself doesn’t necessarily have anything to do with making money. A professor at Harvard Business School put it best: it’s about the “pursuit of opportunity without regard to resources currently controlled.”

That’s why I’ve insisted that the best book about entrepreneurship has absolutely nothing to do with making money, and it’s why we can look at people who start nonprofits, or who assemble teams to accomplish amazing goals that have nothing to do with business–and call them great entrepreneurs.

Nicholas Winton was a truly great entrepreneur.

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Case Study: The Music Lovers | Peter Mehit

imagesEverything that follows actually happened. I’ve changed the circumstances and identity of the people involved significantly, but the gist of the story is true. It’s at once proof of the old adage, ‘The truth will out’.

Sara and Tom have been friends since they worked on a successful advertising campaign for a major spirits producer. In their ten years as friends they’ve shared a lot: Holiday gatherings, the breakup of Tom’s marriage and their dreams of opening a music venue. Sara’s husband Bill was also good friends with Tom and supported their idea of opening the night club, up to the point pledging property he and Sara owned free and clear in San Francisco to secure start up money.

Because of their connections in the advertising and corporate worlds, Tom and Sara knew a lot of inside stuff. For example, they found out that a coastal city was pouring millions into a waterside development and had attracted several X Games type events to the area to take place in about two years time. Knowing this, the pair secured a lease on a large space in the heart of the development, negotiating a six month delay in rent payments.

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Reinventing The Pizza | Forbes

pizza-studio-Robert-Gallagher-_1200x675Who is crazy enough to start yet another pizza chain? Especially after ambitious chefs have piled on every conceivable topping (peanut butter and jelly, kangaroo meat), injected cheese into every last nook and cranny of dough and committed unholy cross-branding (Pizza Hut’s Doritos crust)? Samit Varma, 38, and Ron Biskin, 62–that’s who.

The odd-couple cofounders and co-CEOs of Pizza Studio of Calabasas, Calif. have brought together Varma’s experience in the military and startup world and Biskin’s long history in fast-casual restaurants to create something fresh. They’re adapting the quick and made-to-order model, championed by Chipotle and Subway , to pizza. “It’s all about execution,” Varma says.

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