2007 Olin Cup finalists offer wide range of product and service ideas

The finalists for the 2007 Olin Cup Competition include six teams, four of which are student-owned or student-supported ventures. The annual business formation contest is organized by the Skandalaris Center for Entrepreneurial Studies at WUSTL. Ultimately, two teams will win up to $70,000 in seed investment capital and a student-owned or – supported team will win a $5,000 cash prize.

Major League Baseball: sharing revenue, not success

Major League Baseball implemented revenue sharing to create incentives for ball clubs to build their teams and build their fan base. It’s ended up having the opposite effect, according to a business professor at Washington University in St. Louis. The amount a small-market team receives from the league may be more profitable than the revenue it gets from winning a game. Michael Lewis proposes an alternative way of distributing MLB revenues that creates incentives for ballclubs to create good teams and fill stadiums. (video available)

Jeri Sedlar to discuss life after retirement

Jeri Sedlar, author of “Don’t Retire, Rewire!” will lead an interactive session to help people define what kind of work is best for their retirement given their passions and interests, and how to go about obtaining it. The talk will take place Friday, Oct. 5, 2007 at 4 p.m. in Simon Hall’s May Auditorium on the Danforth Campus of Washington University in St. Louis.
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