Issue link: https://nebusinessmedia.uberflip.com/i/515946
www.wbjournal.com May 25, 2015 • Worcester Business Journal 3 I've never really run my own business. I'm more content watching the wheels of business and the economy from my professional vantage point. I'm quite confident I wouldn't have the stomach to deal with the possible roller- coaster ride of highs and lows I would face in owning a business, along with the potential impact that ride would have on my personal life. To some, it may be the American Dream. But it's not for everyone. Many prefer to live out their dream in other ways. But this issue of the Worcester Business Journal is an unofficial salute to those who have the ingenuity, the savvy and the guts to take charge of their destiny as entrepreneurs. In a nation that pays homage to many big businesses, there are many smaller entities that show the creativity, innovation and dedication that helped build the United States into an economic colossus. On Page 12, read our story on how people with skills reminiscent of centuries gone by are thriving today. And on Page 13, we look at how some military veterans have made it on their own in business as civilians. ~ Rick Saia (rsaia@wbjournal.com) This Week In The WBJ Editor, Rick Saia, rsaia@wbjournal.com Web Editor/Columnist Christina H. Davis, cdavis@wbjournal.com Staff Writers Sam Bonacci, sbonacci@wbjournal.com (Banking & Finance, Real Estate, Manufacturing, Technology) Emily Micucci, emicucci@wbjournal.com (Health Care) Staff Writer/Copy Editor Carol McDonald, cmcdonald@wbjournal.com (Education) Contributors Susan Shalhoub, sshalhoub@wbjournal.com Livia Gershon Research Director, Roger Magnus rmagnus@nebusinessmedia.com Research Assistant, Heide Martin hmartin@wbjournal.com Production Director, Kira Beaudoin kbeaudoin@wbjournal.com Associate Art Director, Mitchell Hayes mhayes@wbjournal.com Manager of Video/Multimedia Services, Matthew Volpini mvolpini@nebusinessmedia.com Director, Major Accounts Bonnie Leroux, bleroux@wbjournal.com Senior Accounts Manager Matt Majikas, mmajikas@wbjournal.com Accounts Manager Rena Barbieri, rbarbieri@wbjournal.com Custom Publishing Project Manager Christine Juetten, cjuetten@wbjournal.com Marketing & Events Manager Kris Prosser, kprosser@wbjournal.com Controller, Mary Rogers mrogers@nebusinessmedia.com Accounting Assistant, Valerie Clark vclark@nebusinessmedia.com Collections Manager, Raki Zwiebel rzwiebel@nebusinessmedia.com Human Resources, Kim Vautour kvautour@nebusinessmedia.com Publisher, CEO, Peter Stanton pstanton@nebusinessmedia.com Associate Publisher, Mark Murray mmurray@wbjournal.com Group Publisher, Joseph Zwiebel jzwiebel@nebusinessmedia.com Worcester Business Journal (ISSN#1063- 6595) is published bi-weeky, 24x per year, including 5 special issues in April, July, September, November and December, by New Engand Business Media. 172 Shrewsbury St., Worcester, MA 01604. Periodicals postage paid at Worcester, MA. Copyright 2014. All rights reserved. Postmaster: Please send address changes to: Worcester Business Journal, PO Box 330, Congers, NY 10920-9894. Subscriptions: Annual subscriptions are available for $49.95. For more information, please email wbjournal@cambeywest.com or contact our circulation department at 845-267-3008. Fax: 845.267.3478 Advertising: For advertising information, please call Mark Murray at 508-755-8004 ext. 227. Fax: 508-755-8860. Worcester Business Journal accepts no responsibility for unsolicited manuscripts or materials and in general does not return them to the sender. Worcester Business Journal • 172 Shrewsbury Street • Worcester, MA 01604 • 508-755-8004 tel. • 508-755-8860 fax www.wbjournal.com A division of: WBJ on the Web From news to information about events and awards, we have it all at WBJournal.com. ON PAGE ONE 'Studio' apartments for artists Worcester and Fitchburg are looking to transform older buildings into spaces where artists can live and work – and help lift quality of life in both cities. Taking aim at opiate abuse As private insurers prepare to cover residential treatment programs to combat substance abuse, move providers are rising to meet a growing demand for services. Call for nominations: Outstanding Women in Business Women play a critical role in the Central Massachusetts economy as business owners and executives. This fall, we'll once again celebrate these women and the unique perspective they bring to the business landscape. Do you know someone who deserves to be recognized? Fill out a nomination form at www.wbjournal.com/womeninbusiness. Nominees should be senior- level executives, CEOs or entrepreneurs based in Central Massachusetts. Living the dream – no matter what it is DEPARTMENTS 27 Accolades & Honors 4 Briefing 33 Editorial 32 Flash Poll 23 Fresh Beginnings 29 Incorporations 25 Knowhow 31 Movers & Shakers 30 Networking/Events 34-35 Photo Finish 5 Real Deals 8 Ticker 33 Viewpoint CORRECTIONS • In our annual Central Mass. 100 list in the May 11 issue (Pages 13-20), the name of the CEO at Primetals Technologies USA LLC, of Framingham (No. 89) was spelled incorrectly. It's Satoru Iijima. Also, because of incor- rect information provided to the Worcester Business Journal, the number of Central Massachusetts employees for Conservation Services Group, of Westborough (No. 99) was incorrect. The company employs 148 in the region. It employs 349 in Massachusetts and 769 worldwide. Its annual revenue for 2014 was $117 million. • Our editorial on Page 33 of our May 11 issue (UMass makes right call in selecting new president) incorrectly reported the construction cost of the Albert Sherman Center at the University of Massachusetts Medical School. It was $400 million. FOCUS SHOP TALK 8 Q&A with Laurie Leshin, president of Worcester Polytechnic Institute COLUMN 16 New column, 'Inspiration and Innovation,' debuts Beginning with this issue, Jeff Schiebe, an entrepreneurship expert who does some of his work with Clark University, will write regularly on the details that go into creating and sustaining a business. NEWS & ANALYSIS 9 No shortage of help for small business A Boston based nonproft that aims to revitalize urban economies, and is run by former state treasurer Steven Grossman, is expanding its mission to Worcester, Fitchburg and Leominster. 20 Degrees in hand; will jobs come quickly? Now that colleges in Central Massachusetts and elsewhere have bid adieu to their latest graduates, experts say their chances of landing jobs are the best in years. In praise of family businesses The winners of our annual Family Business Awards, who will be profiled in the June 8 edition, will be honored in person Thursday, June 25 at Cyprian Keyes Golf Club in Boylston. Interested in attending the event? Join us by registering at www.wbjournal.com/fambizattend. FAMILY BUSINESS A W A R D S C E N T R A L M A S S . WORCESTER BUSINESS JOURNAL'S 12 Craftsmanship still has a place Even in the age of information, entrepreneurs in Central Massachusetts find a way to make traditional craftsmanship survive. 13 Boots to bootstrapping Some military veterans make the transition to civilian life by launching their own businesses. Read how a few have succeeded in Central Massachusetts. Entrepreneurship/ Innovation/ Small Business 12