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Re:Thinking Business (2011 BE100s Overview)

Re:Thinking Business (2011 BE100s Overview)

Against a sluggish recovery, a rough-and-tumble business environment, and a ferocious battle for revenue growth and market share, the CEOs who operate the BE 100s—the nation’s largest black businesses—redesigned their enterprises by venturing into new lines of business, employing the latest technology, exploring global opportunities, and creating unassailable workforces.

Entrepreneurship

Just where is the best place to locate your company? These days that question may be a head-scratching proposition—especially with the number of states reeling from budget crises and slowly...

The Young & The Restless

andrew simon wishes he had been one of those lucky investors who bought Google at $100 back when the company first offered shares to the public in August 2004. The 23-year-old teller at Chase Bank in San Francisco watched with envy as the search engine’s share price rose to a peak of $715 by December 2007. Now, Simon is getting his chance to buy one of his favorite stocks on sale. Last October, after the Dow Jones dipped and the S&P sagged, he purchased a small stake in Google (GOOG) at $356 per share—almost half of what it traded for a year earlier. At the same time, Simon loaded up on Intel (INTC), buying 30 shares at $14. When the price dropped to $13 in December, he bought 70 more shares. “It was like shopping on Black Friday, but the prices were even better,” he says.

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