Is Detroit a Good Place for Business?

According to the 2012 U.S. Census data, the City of Detroit is home to more than 62,000 small businesses.  It seems there’s a new business opening on a regular basis across the region and the momentum appears to be emerging. And as I’ve thought about the entrepreneurial and business ecosystem here, a couple of questions…

Why Not Detroit?

“Go west, young man!” “There’s gold in those hills.” These catch phrases date back to the “gold rush” days and capture reasons for why moved West–to strike it rich. It also captures the recent allure of the tech industry and San Francisco.  Yes, the tech industry and Silicon Valley have attracted many from all over…

Supporting Detroit’s “Avenue of Fashion”

Detroit’s legendary “Avenue of Fashion”, Livernois, is undergoing a makeover. The stretch between seven and eight mile is home to a diverse mix of residents and businesses.  It’s not far from some of the city’s most-renowned neighborhoods and, on any given day or evening, you will see a cross-section of people enjoying the sites and…

Detroit Has Talent

“I put my hand on my heart, that means I feel ya. Real recognize real and you lookin familiar.” All Around the World  – JAY Z 2002 There has been much discussion about “Two Detroits”.  I’ve even written about a variation of it in this space. However, there’s been another online discussion that’s been percolating recently….

Navigating Potential Headwinds to Achieve Growth

Carrie Charlick is a wife, mother of 3 and a business owner.  She started her entrepreneurial journey at a young age and those early experiences helped shape her longer-term business philosophy, helping others through entrepreneurship.  In 2003, the stay-at-home Michigan mom launched Commerce-based Essential Bodywear with an initial investment of $500.  She is now a savvy entrepreneur with…

Small Businesses & Entrepreneurs: How to Navigate the Headwinds of Change

By Mark S. Lee and David Girodat Small businesses are a massive source of employment.  The Small Business Administration (SBA) reports that smaller companies employ 47.5 percent of the private U.S. workforce.  According to 2012 U.S. Census figures, there are nearly 62,000 small businesses in Detroit and about 152,000 across Michigan. Entrepreneurship helps build the…

Entrepreneurship’s Impact on Economic Development

There’s continued momentum in Detroit’s burgeoning entrepreneurial ecosystem and there are many perspectives on what it means to the city’s revitalization efforts, including economic development and job creation.  To this end, I wanted to gain insights from a business executive who has family roots grounded in Detroit’s entrepreneurial community. David Girodat has a long history…

Merging Science & Creativity

Working a full-time job as an Environmental Scientist and launching a new business is no easy feat. And using STEM, scientific and creative skills as a basis for a business concept focused on celebrating and empowering people of color through designing clothes and jewelry based on skin and hair characteristics is what  Deirdre Roberson  did….

Closing the “Detroit Divide” Gap

“The new Detroit is changing the minds of people around the world!” “ I am so proud of ‘The D’ that the vision came to fruition.“ “Was downtown…and it certainly is NOT the Detroit many people image (sic).  Placed (sic) look awesome, and tons of people having a great & SAFE time.” As part of…

Maximizing Team Performance

Whether you are an entrepreneur or work for a large organization, you may work as part of a team. Teamwork and collaboration are critical parts of running a successful business. And a key challenge is integrating various backgrounds, personalities and motivations into a cohesive unit focused on achieving common business objectives. Meet Maureen Monte, an…