Entrepreneurship

Camping World Holdings Inc (NYSE: CWH) CEO Marcus Lemonis offers advice and capital to struggling small businesses on the CNBC show “The Profit.” On Thursday, he did the same for two of Detroit’s youngest entrepreneurs. Brothers Undra and Austin Mack, 12 and 11, respectively, were...

In the cannabis industry, almost everything is new and innovation and disruption are welcome.  The wine industry could be characterized as almost the opposite: there are certain ways of doing things, centuries-old traditions that aren't to be messed with. When I heard about Joe Peleg...

If you encounter a cloud of pot smoke backstage at a KISS show, it isn't coming from the bassist's dressing room. Gene Simmons has abstained from drugs and alcohol in his more than four decades in KISS, unlike some of his bandmates. So it came as a surprise to many when ...

Frank Shamrock, the former undefeated UFC champion, made quite a name for himself and the mixed martial arts world in the 1990s. In recent times, it’s no longer sports that are attracting attention to his character. Instead, it’s cannabis where Shamrock is focused. So how does a high-...

Morgan Brennan’s best days end with a plate at Bar Pitti and a curtain call. The self-proclaimed “foodie” scouts new restaurants and reads menus for fun, and she’s seen close to 150 shows, none better than “Rent” with the original cast. “It inspired me in...

Is it possible that, one day, someone would invest in an index of Michael Jordan shoes as opposed to commodities on the New York Stock Exchange? According to Josh Luber, this could be the future of investing. The CEO and co-founder of Detroit-based StockX spoke Wednesday morning at the 2018...

What’s the biggest mistake founders make when pitching venture capitalists? According to Daniel Ciporin, General Partner at Canaan, it’s trying to justify high valuations generated early on in the fundraising process. Ciporin made the comment Tuesday afternoon appearing on a panel at...

The legal cannabis industry is growing at an unprecedented pace. While estimates vary, U.S. sales in 2017 stood somewhere between $8.2 billion and $8.8 billion according to BDS Analytics. This figure is expected to surge to roughly $35 billion by 2022, GreenWave Advisors managing partner Matt...

Working for yourself is the dream, isn’t it? Forecasts indicate 42 million people will make the jump by 2020. You set your own hours, have no one to answer to but yourself, and get to drive your career at your own pace. That’s the positive side, anyway. The truth is a lot more...

Aim for the stars, as they say. Blockchain developers view the satellite industry as ripe for a decentralized platform, and the impact of disruption could be huge. The worldwide satellite business market is estimated at $10.2 billion in 2017, according to Global Satellite Business Market...

The process to stimulate local entrepreneurship is underway at Quicken Loans. The national mortgage firm is seeking applicants for its second annual Detroit Demo Day, where it will distribute $1 million in the form of grants, interest-free loans and equity-like investments. “We want to see...

It is an exciting time when you start your new business. You have so many things to think of that you may forget one of the most important aspects — taxes. Before you dive into the business world, take a few minutes to consider the tax aspects of your new business. Your tax obligations are...

Christina Qi didn’t get too deep in her trading career before realizing other ambitions. They were risky ambitions, but she resolved to give them a shot. “I thought, ‘it’s okay if I start a company and it fails, I can just go back to work,’” Qi, now the CEO of...