We've documented Bizdom U quite well in our little publication. And
here's another piece. This one, however, starts off with a pretty
interesting story about a young entrepreneur from Detroit's east side.
Excerpt
from the
New York Times:
James Smith Moore, the son of a
single mother on Detroit's east side, knows how to hustle.
He
started a lizard-breeding business at age 15 and sold more than 500
hatchlings online for $15 to $80 apiece.
At 16, after local
stores ran out of a certain popular Nike sneaker, he hired a
manufacturer in China to supply him with knock-offs, which he sold for
$80 to $200 a pair on his own Web site as well as eBay and other auction
sites. Four months later, he received a cease-and-desist letter, but he
had made a $14,000 profit, enough to buy his first car.
This
bootstrapping spirit got Mr. Moore, now 21, accepted into Bizdom U, an
intense boot camp for aspiring entrepreneurs who aim to start
high-growth businesses in Detroit. Bizdom U is the brainchild of Dan
Gilbert, a Motor City native who is founder and chairman of the online
mortgage lender Quicken Loans. He also hopes to help revitalize his
hometown.
Read the entire article
here.