| CONSULTANTS
AND ENTREPRENEURS |
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The dinner speaker at the ACC&CE January meeting taught many
of us in attendance some new things about a hot word that is much
in fashion these days: ENTREPRENEUR. This writer got a new slant
on the relationships between entrepreneurial and consulting
activities.
Let's start with an accepted definition. "Entrepreneur,
one who assumes the responsibility and the risk for a business
operation with the expectation of making a profit. The
entrepreneur generally decides on the product, acquires the
facilities, and brings together the labor force, capital, and
production materials. If the business succeeds, the entrepreneur
reaps the reward of profits; if it fails, he or she takes the
loss." <(Microsoft Encarta)>
The United States economy owes a lot to entrepreneurs. Because
of them many new businesses have been started and hundreds of
thousands of jobs have been created. Tax revenues have grown
faster than economists and planners expected.
Many of the news stories about this phenomenon have concentrated
on the small-business aspects of the growth. But are all of these
businesses small and are all of them the work of entrepreneurs? Is
the new business a spin-off of a large corporation? Is it a "mom-and-pop",
self-owned small operation? Or is it, perhaps, a new entity
created by an entrepreneur, as defined above, one that has been
sold by him or her at a profit to others and in which he will not
be a day-to-day participant?
A given entrepreneur may or may not be the originator or owner
of the product or service idea. He or she may stick with the new
business after it gets established, as advisor or shareholder. To
be an entrepreneur in the classical sense he or she will be
motivated to take the risk and create the nucleus of a new company
strictly by the profit gained when the costs of making it happen
are less than the proceeds of the sale.
In real life, such strict divisions don't exist. We can expect
to find three phases in most new businesses: finding the idea or
product; building the company; operating the company. What we want
to consider here is the role of the specialist consultant and what
personal qualities in that consultant make him able to handle the
middle, entrepreneurial phase.
The entrepreneur must have these qualities: a restless urge to
originate an operation; the strength to work single-mindedly to
gather the capital, people and physical means to carry it through
to survival; and the desire for short-term profit gained by
selling it. It is not necessary to have hands-on ability to manage
the technical detail. The risk-taking factor and the restlessness
would seem to be essential.
Some technical consultants have the entrepreneurial urge; others
never had and never will. The entrepreneurial ones bring the
high-risk, high-worry component that drives them to live on the
brink of failure and feed on the dream of eventual success until
they succeed or fail and then go on to do it all over again!
But many of the most competent and knowledgeable consultants do
not want to be entrepreneurs. That does not mean that
they--together with the entrepreneur--won't want to be part off
the inventive, fact-finding phase of a new enterprise or work with
the management of a newly-created company, bringing strong
technical knowledge and problem-solving skills to the production,
technical service and planning stages of the business venture that
succeeds. |
| CONSULTING
FROM THE BOONDOCKS, By Heinz Trebitz |
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Driving from my place in Vermont to New York City takes 5 hours
at best. A flight from Lebanon Airport to Newark costs $500, and
Delta has just announced that they will discontinue their service.
Fortunately, most of my consulting activities in the area of
environment, health and safety can be run from the home office
using phone, fax and e-mail and Federal Express.
I've done this now for 7 years. A good portion of the material
safety data sheets (MSDSs) and safety labels I generate are still
being sent hard copy. But, during the last year, e-mail has proved
to be a much quicker and less cumbersome communication tool.
I have found that e-mail communication is most eficient when the
work product is created and polished to final form in a word
processing program in my computer and sent to the recipient as an
"attachment" to an e-mail message I have written to my
client or colleague. This is the fastest way to include a document
in an e-mail message. The recipient retrieves the document from
his Internet mailbox and starts working with it. Both sides can
review such document, revise it and print it at either location in
final form.
Here are some lessons I have learned on the way to success. I
may have to follow Government regulations that dictate that
information like the MSDS and labels must be supplied in a
standard format. In other circumstances, I may want to arrange the
information to fit the style the client prefers or recommend a
special layout that I consider efficient or "professional".
Another factor peculiar to my practice is that my clients and
correspondents may be in Europe where they use a page format
somewhat longer and narrower than the American 8.5 by 11. Slight
differences in document margins and proportions may play havoc
with the lines and alignments you want to send.
I have had to learn that the transmission of a basic e-mail
message over the Internet is limited to a restricted assortment of
letters and characters. A document prepared in a word processing
program contains many additional, invisible, characters that
contain the information about margins, spacing, type fonts lines
and many other details that show up only when working in that word
processing program. These will be transmitted to the recipient
within the "attachment" referred to above.
The final lesson I have learned in sending attached documents is
that for the recipient to have the least trouble reproducing on
his computer screen or printer the same document I have on mine,
he should be using the same word processing program I am.
This should suffice but, in some cases when my European client
is having printing problems, I have been known to decide it is
time for a business trip to work with him in person. |
| WHO
HOLDS THE MOST PATENTS? |
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Did you answer Thomas A. Edison? You're right, but few people
would know who may come second in number of U.S. patents held. It
is Jerome H. Lemelson, who died at 74 on September 28, 1997.
The New York Times obituary tells of a man who, before going to
college, where he gained 3 engineering degrees, did complex
weapons design work for the Army Air force and started a model
airplane business. After college he worked on a Navy project
developing rocket and jet-propulsion engines. After that he became
an independent inventor.
As an independent he had a hard financial time and, as he often
complained, many difficulties with the examiners at the U.S.
Patent Office. These often held up royalty payments due him
because of delays engendered by examiners who forced him to
resubmit and subdivide his applications.
Lemelson had his rewards, though belated. In 1992 he forced a
group of Japanese auto makers to pay him $100 million for the use
of automated manufacturing systems he had invented almost 40 years
earlier. Some American and European manufacturers also paid up,
but Ford, Chrysler and General Motors are still holding out.
The once-struggling inventor became a philanthropist, giving to
colleges and universities and the Smithsonian Institution. One
bequest is for a college program to stimulate creativity and teach
would-be inventors how to protect their intellectual property.
Lemelson's place in the rolls of patent holders still awaits the
final action of those nit-picking examiners at the Patent Office
on Lemelson applications. |
| INTERNET
SITES OF INTEREST |
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ENTREWORLD, [www.emkf.org], Email:infocel@emkf.org, is a site
representing the Ewing Marion Kauffman Foundation, an educational
and support organization which operated "Supporting
Entrepreneurship" channel especially for those working to
help entrepreneurs succeed. They supply a myriad of educational
goods including tapes, books, CD-ROMs, reports and curriculum
material for teachers and coaches. The foundation supports
entrepreneurhisp in many ways. Some are school classes. Others are
training courses for business people. |
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The Entrepreneur Network [www.TENonline.org], E-mail address:
edzimmer@TENonline.org is a non-profit corporation dedicated to
helping Midwest inventors and entrepreneurs through information
and connections. It maintains a national 800-number
(1-800-468-8871), publishes a monthly newsletter and maintains web
pages. Among the departments are:
- Business Opportunities: For investors, entrepreneurs and
others looking for new business deals.
- New Products Wanted: Manufacturers and salespeople looking
for new products.
- Private-Sector Resources: Technical and business support
resources.
- Membership Organzations: Other resources available to
inventors and entrepreneurs.
- TEN Articles: Articles published in past TEN issues.
- Recommended Sites: Links to other sites that inventors and
entrepreneurs.
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That's the title of a new book that tells eight stories of what
the author, A. K. Dewdney; calls "bad science". Dewdney
is an Associate Professor of mathematics at University of Western
Ontario. It is Dewdney's thesis that investigators both sincere
and fraudulent can do bad science by departing from the strict
rules of the Scientific Method. He reduces this to the sequence:
Question; Hypothesis; Observations; Conclusions (with
publication).
The author gives several motives for such bad science. Among
them are these: a consuming desire for early recognition of
creativity or brilliance; a need for producing seemingly
scientific evidence to support a quest, a business or a
professional practice; or experimentation that is initiated by
having advanced technology that is not dedicated to true science
and using it to gain funding to keep the laboratory operating.
Dewdney indicts the public's fascination with science and
technology as magic and miracle and the media's feeding of that
fascination. This often draws good scientists into disclosing
early results before the refining process of publication and
replication by other competent investigators is completed.
The title of the book derives from the sad story of two Utah
chemists and their cold fusion fiasco. The other seven cases
include N-Rays, Freud's science of psychoanalysis, SETI, IQ as "science",
theories of racial differences in intelligence (The Bell Curve),
Biosphere 2, and neural nets as models for a human thinking
mechanism.
The book is entertaining and also serves as a caution to anyone
generating data or issuing reports of testing. Not all conclusions
are based on "science". Some may be wish fulfillment or
be slanted to serve a hidden purpose. |
| COUNCIL
CORNER JANUARY 1998 MEETING |
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Meeting at Fornos Spanish Restaurant in Newark NJ, Council dealt
with several significant items. One new member, Meyer Steinberg of
Melville, NY, was accepted into membership. Angelo Tulumello
reported on his efforts to generate more feed-back from clients on
the CHI activities. Vice President Armbruster reported on speakers
for future dinner meetings. Dick Cowell reported on the activity
at the Chem Show in New York in November and asked for a volunteer
to take charge of the ChemShow booth for Year 1999. J. Stephen
Duerr and Martin Goffman gave an update on the ACC&CE web page
[www.chemconsult.org]. They proposed more upgrading of the page.
Council decided to discuss it again at the next meeting. This
includes authorizing the computer consultant to start work that
will eventually result in all members having their scope sheets be
part of the web page and the elimination of the printed directory.
The cost of the consultant's work would be offset exactly by not
spending the money already budgeted for the printing and for
overtime work by the office in its preparation. |
| COUNCIL
CORNER FEBRUARY 1998 MEETING |
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In the meeting at Clam Broth House in Hoboken, NJ, Council
approved the membership application of Dr. Eugene N. Bilenker of
Crown Food Consultants of Elizabeth, NJ. The Executive Secretary
reported receipt of CHI contributions from Meyer Rosen and Bill
Allen.
The Internet committee (J. Stephen Duerr and Martin Goffman)
asked for formal approval of expansion of the ACC&CE web page,
as detailed in the adjacent January report. In addition, they
proposed a means for providing printed copies of the Directory on
demand, with the requester paying the cost. The Executive
Secretary would order commercially printed and bound or stapled
copies from a computer-file copy. Council approved both plans.
Marketing committee Chairman Bill Swartz presented another
analysis of member retention statistics. This showed starkly that,
of the current membership of 116, approximately 50 are the "core"
long-term members with tenure of over 10 years. He stated that new
members are not getting enough from membership to stay in. He
proposed running "focus groups" of members to find out
what new members expect to gain from joining. Swartz also
recommended development of a plan to answer the question: "Where
are we trying to go?"
Membership chairman Dan Kruh announced that he was working with
the editor of Chemical and Engineering News (ACS) on recognition
of ACC&CE's 70th anniversary. |
| SPEAKERS'
CORNER JANUARY 1998 |
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The speaker after dinner at Fornos on January 27 was Dr. Marlo
Christensen of the George Rothman Insititute at Fairleigh
Dickinson University. He introduced his topic, Consulting and
Entrepreneurship, and led a lively discussion, bringing out the
many interpretations that exist for the concept of entrepreneurial
activity. Dr. Christensen taught that the concepts of ownership,
financing, risk, management and profit all need to be considered
in describing the makeup of the true entrepreneur. Not all of the
consultants involved in the talk-back dicussion had the same view
on the use of the word "enterpreneur". The intense
interest of the audience led this reporter to dig deeper, the
result being the lead article in this issue and two suggestions of
Internet web sites. |
| SPEAKERS'
CORNER FEBRUARY 1998 |
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Goffman showed what the current site [www.chemconsult.org]
contains:
- a WELCOME page with "links" taking one to four
subsidiary "frames" or pages;
- a CHEMICAL CONSULTANT page with means to see a "directory"
of part of the membership currently signed up and a "referral"
section where a client can make a specific request for help
(this is sent directly by e-mail to the office where it becomes
a new CHI);
- a MEMBERSHIP page with information and an "application"
section where a new-member prospect can e-mail an interest to
join;
- an ACTIVITIES section with information on past and future
meetings;
- an INFORMATION page that gives access to other relevant
Internet sites, information of getting help in setting up new
Internet sites and a means for sending an e-mail message to ACC&CE.
The speakers forecast addition in the fourth quarter 1998 of the
following:
- Posting the scope sheet resumes of all members;
- Addition of a sophisticated "search engine" for
the scope sheet section, allowing prospective clients to select
members and contact them.
- Creating a bulletin board or "chat" section--for
members only--for informal interchange of messages.
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Entrepreneur became a theme for this newsletter as we started
preparing copy after Prof. Christensen's talk after dinner on
January 27. You will find the theme expanded in the lead article
and at the "Internet Sites of Interest" section. We
would expect that some of you will have reactions to what appears
in this issue on the subject of entrepreneurial begavior among
consultants. Speak up! Please consider writing a note to ACC&CE
or sending E-mail [Peter-Hay@worldnet.att.net] with suggestions,
beefs, kudos or news. Send a "letter to the editor" on
any subject and we will print it. Peter Hay, Editor |
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