In our latest issue ofKaizen we feature an interview with Francesco Clark, founder and CEO of Clark’s Botanicals. At age 24, he became paralyzed from the neck down after a swimming pool accident. Some physicians thought he would never move or breathe without assistance again. But with great effort over several years, Mr. Clark made strong progress and, given his physical-therapy experiences, developed an award-winning line of skin-care products that became Clark’s Botanicals, now sold in Europe, Asia, and the United States.
Also featured in Kaizen are: student essay contest winners Nicole Schnack, Jake Maliszewski, and William Newkirk; High School Entrepreneur Day, Professor Jules Gleicher’s new course, and guest speaker Dr. Al Gini.
A PDF version of Kaizen is available here. We will soon post separately the full interview with Mr.Francesco Clark.
If you would like to receive a complimentary issue of the print version of Kaizen, please email your name and postal address to CEE [at] Rockford.edu.
Rockford College students can see the new Atlas Shrugged movie on Saturday, May 7 at 7:15 PM for free, courtesy of the Center for Ethics and Entrepreneurship. We are only covering the tickets, not concessions or transportation.
McGill Original Films, a local video production company, created a short video about the recent Extreme Entrepreneurship event at Rock Valley College. CEE’s Executive Director, Dr. Stephen Hicks, was on a discussion panel at the event, and makes an appearance in the video below.
Jack Stack is the founder and Chief Executive Officer of SRC Holdings Corporation, an award-winning, employee-owned organization based in Springfield, Missouri. Springfield Remanufacturing Corporation and its 22 subsidiaries provide a wide range of products and services, including engine remanufacturing, packing and distribution, business consulting and banking. SRC employs 1,600 people and generates annual revenues of about $400 million.
Kaizen: Where did you grow up?
Stack: I was born in Chicago in 1948. My father bought a house in Elmhurst, Illinois, and I lived in Elmhurst from the time that I was about three years old to about 30. Then I was transferred to Springfield, Missouri, where I’ve spent the last 31 years of my life.
Kaizen: It sounds like you were a wild card as a youth—you were kicked out of college and seminary and fired from a job at General Motors?
Chris Macdonald, at his Business Ethics Blog, explores the ethics of the profit motive. The profit motive is often blamed for the unethical and illegal actions of businesspeople that we read about in the news every day. But does the profit motive necessarily lead to wrongdoing? And aren’t businesspeople, like everyone else, motivated by much more than just a desire to profit?
Professor Donna Matias of the University of San Diego School of Law describes some of the regulatory obstacles that entrepreneurs — especially those with low income —face:
Vedran Vuk, writing for Not PC, lists five common problems with business school students. Ironically, at the top of his list is “Lack of Entrepreneurship.”
Eduardo Marty is the Founder of Junior Achievement Argentina, an educational outreach program. Students in JA are taught how to prepare a business plan and raise funds. Approximately 50,000 students per year across Argentina participate. Marty has also held academic posts as professor at the University Francisco Marroquín, Guatemala, and the University of Buenos Aires. He was the host of Buenos Aires’s major television talk show Boom—Politics and Economics. We met with Mr. Marty in Buenos Aires to talk about his business education programs for young people and the state of entrepreneurship in South America.
. Kaizen:Where did you grow up in Argentina?
Marty: In Buenos Aires. I went to elementary and high school here and the University too.
Kaizen: Before university, what was your education like?
Marty: Well, I went to school called National Buenos Aires. That’s the oldest high school in Buenos Aires, created in 1770. It’s a public school, but it’s a very prestigious one. It was the first school in Buenos Aires. To enter, you need to pass a very tough test once you finish elementary school. From five students submitting and applying—they accept just one. Our education is divided into elementary school and then secondary school. When I was in sixth grade I tried to pass the exam and I did it, so I was one year younger than the rest.
The Jewish community attends that school a lot. It is a very intellectual community here in Buenos Aires. By the way, you know that after New York Buenos Aires has the second largest Jewish community in the hemisphere.