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  • FEATURED LESSON

    New book features iconic MN entrepreneurs

    Business StrategyHe’s been in the venture capital business for decades, but University of Minnesotabusiness lecturer Dileep Rao now says people don’t need venture capital to grow a business, and he’s drawn on the stories of some of the Twin Cities’ most successful entrepreneurs to prove his point.

    Rao has compiled those stories into a book called Bootstraps to Billions: Proven Rules from Entrepreneurs Who Built Great Companies from Scratch. The 28 profiles in the book are a who’s who of Minnesota success stories. They include Horst Rechelbacher, who started Blaine-based Aveda Corp.; Richard Schulze, chairman and founder of Richfield-based Best Buy Co. Inc.; and Minnesota Timberwolves owner Glen Taylor, who built North Mankato-based Taylor Corp. into what is now a roughly $2 billion business.

    Rao, a senior lecturer at the university’s Carlson School of Management and a columnist for Forbes.com, spent two years interviewing the subjects of the book and writing the profiles.

    This article originally appeared in the Minneapolis / St. Paul Business Journal.

  • FEATURED PROFILE

    Kenneth Dahlberg: Dahlberg Electronics

    Ken Dahlberg was a triple ace and one of the most successful pilots of the Second World War. At the age of 91, he still flies his own jet.

    With $1,000 earned from his salary when he was a POW, he built his first fortune by bringing the benefits of the transistor and miniaturization to millions of hard-of-hearing persons with his “Miracle Ear” invention.

    In retirement, he then started a venture capital fund and found a second venture called Buffalo Wild Wings that he led to a second home run. Most of us find it difficult to create one home run. (more…)

    Buy This Profile: $4.00    
  • BOOKS BY DILEEP RAO

  • VENTURE DEVELOPMENT SPEAKER

    For over 33 years, Dileep Rao has worked with entrepreneurs, managers and leaders in the U.S., Europe and Asia. Dr. Rao has been acclaimed as a venture development teacher and speaker because he combines impeccable academic qualifications with his own successful experience in business growth and development -- offering practical knowledge with lasting value for success.

    Based on his experience and his study of some of the world's great entrepreneurs, he shows entrepreneurs, managers, professionals, financiers and area development officials how to build businesses by focusing on what truly matters and is sustainable in the long-term. (more…)

  • ABOUT DILEEP RAO

    A columnist on entrepreneurial finance, Dileep Rao is a nationally acclaimed practitioner, advisor, author and communicator on new business development, business growth and financing businesses and ventures. He combines real-world experience in financing more than 450 firms and managing five companies as the V.P. (now director) of one of the U.S.' largest development finance institutions with advising governments (including the U.S. government), Fortune 1000 companies and entrepreneurs in new business development and financing. (more…)
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