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Entrepreneurship Expo creates buzz at U of M’s FedEx Institute

Entrepreneurship Expo creates buzz at U of M’s FedEx Institute

The Entrepreneurship Expo hosted by the University of Memphis' Center for Entrepreneurship and Innovation was the place to be for those with an incubating idea.

The session Tuesday at the FedEx Institute of Technology drew 300-plus attendees. Throughout the day there was a steady flow of entrepreneur-minded individuals, including a mix of successful startups, emerging businesses, inventions ready to be patented, and some undeveloped business ideas and concepts. The Entrepreneur Village featured 23 of the Center for Entrepreneurship and Innovation's (CEI) start-up clients.

Project manager Kelly Penwell came to Memphis in 2011 to manage the division. She hit the ground running and has assisted over 200 clients with their start-up efforts. Thirty-two businesses have been launched since CEI's opening in September 2011.

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  • Written by Dorothy Bracy Alston

Colleges find a new way to get grads hired

Colleges find a new way to get grads hired

NEW YORK – A handful of colleges think they've found the secret to closing the gap between the types of graduates they're turning out and the types of workers employers are looking for: spiders.

Not the hairy, creepy kind, but rather artificial-intelligence spiders that crawl through search engines and read thousands of online "help wanted" ads to check on the job market in real time – instead of two years after the fact, which is how long the federal government can take to report on labor trends.

The technology is helping colleges and universities quickly add and update academic programs so their graduates can land real-world jobs. And, at the same time, eliminate programs that leave students in debt with skills employers don't want.

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  • Written by Jon Marcus/CNNMoney

‘The Wealth Choice: Success Secrets of Black Millionaires’

‘The Wealth Choice: Success Secrets of Black Millionaires’

What's the key to becoming a millionaire for an African-American? That's the basic question posed by Dr. Dennis Kimbro to a thousand of the most affluent blacks in the United States in a study conducted over the last seven years. The results are reflect in 'The Wealth Choice Success Secrets of Black Millionaires.'

Among the icons graciously participating in the survey were entertainment industry tycoon Tyler Perry, Godfather's Pizza CEO-turned-presidential hopeful Herman "9-9-9" Cain, FUBU fashion line creator/Shark Tank co-host Daymond John, BET founder Bob Johnson, Renaissance man Steve Harvey, televangelist Bishop T.D. Jakes, TV-One CEO Cathy Hughes, film director Spike Lee, motivational speaker Les Brown, mutual fund manager John Rogers and entrepreneur Farrah Gray, who became a self-made millionaire by the age of fourteen.

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Dressed to impress

Dressed to impress

The look of a sharp-dressed gentleman means he is about business. Couple that polished appearance with knowledge, opportunity and execution and you have success.

Reginald French, Stephon Coleman and Thomas Nolan – local businessmen and fraternity brothers – consistently present that dressed-to-impress look.

French is a technology firm owner, recipient of the 2012 Kappa Man of the Year award, and a philanthropist who has worked diligently with Kappa Alpha Psi and St. Jude on Sunday of Hope. Coleman is an executive with FedEx. Nolan is an artist, firefighter, and most notably a culinary artist.

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Where the rich people live

Where the rich people live

Despite all the talk of urban revitalization, suburbs still have a denser concentration of rich people than cities.

In America's suburbs, just over 6 percent of the households have incomes that put them in the top sliver of American earners, according to a study released Monday by the U.S. Census Bureau. In city centers, less than 5 percent of households made the cut.

Not surprisingly, the study found that rich people tend to live near major population centers.

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  • Written by Steve Hargreaves/CNNMoney

Need for prom dress yields business solution

Need for prom dress yields business solution

The world of consignment has many faces and one of the newer ones is bringing something a little bit special to the table.

Belle of the Ball Prom Dress Consignment, LLC is an entry point into the Mid-South for beautiful and inexpensive prom dresses. I spoke with the owner, Rashida Patterson, to trace the idea of Prom Consignment to its roots.

Patterson took me back to 2010 and the search for a dress for her daughter's pageant. Mother and daughter kept running into problems. The main one was that they couldn't find "The Dress" that stayed within "The Price." Like most parents who pay for a daughter's dress, Patterson didn't want to spend an extreme amount of money on something that might only be worn once.

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Look of success? Swagger, polish in; matchy-matchy out

Look of success? Swagger, polish in; matchy-matchy out

Despite the success of moguls who have made casual dress cool and trendy, the first impression is still a lasting impression whether you are in corporate America or in business for yourself.

Russell Simmons, Master P, Richard Branson and Steve Jobs proved that a suit is not a requirement to earn serious wealth. While brilliance, genius and creativity are associated with each, they share another commonality – they dressed appropriately for the business models they created.

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