Wednesday, August 15, 2012

The Apple of the U.S. Prison System

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Small Business

Aug 15, 2012

This Week's Top Story

This Week's Top Story - The Apple of the U.S. Prison System

Prisons

The Apple of the U.S. Prison System

JPay, a 200-employee Miami business, anticipates solid growth by selling specialized MP3 players, music, and other media devices to prison inmates

More Top Stories

Small Business Still Credit-Crunched, New York Fed Poll Says

More than a quarter of the 544 businesses polled didn't apply for credit in the last year because they thought they'd be turned down

Avon's 'Lipstick Evangelism' Shows Promise in Poverty Fight

New research about Avon's marketing operation in South Africa suggests that direct selling may provide a path from poverty for women in the developing world

When Founders Hire a Boss and Give Up Control

One seasoned attorney estimates 80 percent of founders of fast-growing companies eventually sell or step aside. Meet a handful who stayed on

Corporate Social Responsibility: Distinction or Distraction?

Showcasing the ways your company helps society is good marketing if they are aligned with your mission-and potentially damaging if they're not

Heating Up a New Category: Refrigerated Pet Food

Convincing retailers to let Freshpet install coolers in their stores to keep its fresh dog food from spoiling was an early hurdle

Adeo Ressi on Entrepreneurs and Startup Culture

The Founder Institute CEO talks about how he picks candidates for entrepreneurship training

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This week in Small Business

The United States incarcerates more of its population than any other country. Meet the guy behind JPay, a 200-employee Miami technology company catering to prison inmates with money transfers, video visitations, and music downloads. He’s aiming to create the Apple of the U.S. prison system.

Also on tap: Take a look at a recent New York Fed poll that shows small business borrowers remain “discouraged.” Hear from founders on what it feels like to bring in a boss and give up control of their fast-growing ventures. Get the latest on Avon's model of direct sales being borrowed by other businesses to alleviate poverty in developing countries. Finally, weigh in on a column about investing corporate resources or reputation in a social initiative. Enjoy. –Nick Leiber

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