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Business smarts

FAS Dean Smith, SEAS Dean Narayanamurti, and former Assoc. Dean Seltzer explain the business sense needed to be a good administrator (Crimson)

Michael D. Smith faced more than a difficult market when he moved into the basement of his wife’s brokerage firm to start up a computer security business.

First a steam pipe in the ceiling broke, flooding the basement with scalding water. Then the sewage backed up into the office.

“When you start a company, you find space wherever you can, no matter how disgusting and smelly it is,” Smith says of the business, Liquid Machines Inc., which has grown from two to 60 employees since it debuted six years ago.

Read the full article The Crimson