Make the Familiar Very Profitable

Posted on February 11th, 2008 in Start Up by Tim

The Atlanta-Journal Constitution:

Olav Kristoffer Bauer makes an unusual business mogul. China - Beijing 2 - Typical Hutong

At 24, Bauer co-owns six restaurants in Beijing and is looking to expand.

The Buckhead native, who also lived for a time near Stone Mountain, has a tattoo of a Chinese flag on his back (he decided against a hammer-and-sickle design) and wears his hair in a shaggy mohawk. He figures he lost $100,000 last year by ignoring his accounting books and dreams of opening a charity school.

“It’s kind of unreal,” Bauer said over Chinese beers at the Kro’s Nest, one of two pizzerias he runs in Beijing. “I’m a 24-year-old sitting on six or seven restaurants. Where does that happen in America?”

Bauer’s eateries include one modeled on a combination of a Fellini’s pizzeria franchise and Fox & Hounds, the English-style pub in Buckhead. He’s not sure how much money he’s earned since 2006, when he opened his first pizzeria, but he estimates that the number might “push like six zeros.”

Read more.

Image by mckaysavage.

Irish Entrepreneurship

Posted on January 22nd, 2008 in Inspiration by Tim


DUBLIN — Ireland is now alive with enthusiasm for entrepreneurs, who seemingly rank just below rock stars in popularity.

For evidence, consider the Ernst & Young accounting firm’s award for Irish Entrepreneur of the Year. The award show was prime-time television fare in October. (The winner, Liam Casey, runs a business, now based in China, that arranges for products to be manufactured and shipped from China to customers in Europe and the United States.)

Then there are the government-sponsored studies proclaiming that Ireland ranks third in the European Union in early-stage entrepreneurial activity. And Enterprise Ireland, an agency of the Irish government that gives fledgling small companies a helping hand, has even leased space in an office building in Midtown Manhattan to serve as an incubator for businesses hoping to expand into the American market.

Entrepreneurship Takes Off in Ireland

Photo by Derek Speirs

Maybe you should consider Ireland for your next startup.


Living and Working in Ireland, 2nd Edition: A Survival Handbook