innovation everywhere

Difference Between Having A Problem And Building A Business Around It

When Sean Harper needed a credit card processor for his first company, he signed up for the first one he saw. He ended up being swindled into tens of thousands of dollars of charges and paid almost twice the amount they expected to the first year. That's when Sean knew there was a problem. And after some initial research, he realized it was a problem he could build a business around. So Sean and his co-founder created FeeFighters.com. I interviewed Sean to learn how he's working to solve this problem for small businesses and about the recent rebranding his company went through.

2011 Predictions: A Facebook Scandal, Google’s War, the Bubble Continues, and the Rise of App Holding Companies

2011 Predictions: A Facebook Scandal, Google’s War, the Bubble Continues, and the Rise of App Holding Companies

Dec 31, 2010

Every publication has released their predictions, most of which I feel to be on the safe side. Here are some that you won't see anywhere else, but that I bet will come true in 2011.

Competition Knows No Boundaries In Hacker Cup

Competition Knows No Boundaries In Hacker Cup

Dec 30, 2010

If you sign up for the New York City marathon, you can’t run 26.2 miles in Chicago and say you competed. Fortunately, we’re not runners (at least not after our New Year’s resolutions wear off). We are hackers. And now you can hack for Facebook from the comfort of your own couch. The Facebook 2011 Hacker Cup is a multi-round programming competition designed...

Editorial: CEO Reflects On Failure Stories

Editorial: CEO Reflects On Failure Stories

Dec 29, 2010

Lessons From Business Failures It’s quite refreshing to see how far along the Chicago entrepreneurial community has come in the 2.5 years since I moved here for business school (Go Booth!!!). Groupon, Grubhub, FeeFighters, SurePayroll (to name a few have) brought much needed attention/focus on the entrepreneurial vigor that exists in the ‘flyover region’....

Student Entrepreneur Hewett Talks Shop(pit)

Student Entrepreneur Hewett Talks Shop(pit)

Dec 28, 2010

Spencer Hewett is not what one might call an “average” college freshman. At Washington University in St. Louis, Spencer is one among a growing movement of young tech entrepreneurs getting their start in college. His current venture Shoppit, cuts to the core of consumers’ shopping problems using an innovative, proprietary Radio Frequency...