Margot Machol
 | A major contributor to this article appears to have a close connection with its subject. (September 2018) |
Margot E. Machol (also known as Margot Machol Bisnow) is an American author and former United States government official. She is author of Raising an Entrepreneur: 10 Rules for Nurturing Risk Takers, Problem Solvers, and Change Makers.[1] She is also a former commissioner of the Federal Trade Commission under Presidents Ronald Reagan[2] and George H. W. Bush, and a former chief-of-staff of President Reagan’s Council of Economic Advisers.[3]
Education
Machol has an MBA from Northwestern’s Kellogg Graduate School of Management and a BA from Northwestern University.[2]
Book
Machol's book, Raising an Entrepreneur (New Harbinger 2016), is based on interviews with a highly diverse group of 60 entrepreneurs and their parents, identifying common ways in which the children were raised that allowed them successfully to follow their dreams. In addition, Machol argues that while it has become increasingly difficult to find jobs after college, it has become much easier to create modestly-financed startups. She therefore urges parents to help their children identify passions, consider building their own for-profit or non-profit organizations around them. Among the entrepreneurs surveyed were founders of YouTube, TOMS Shoes, UnderArmour, Method, WordPress, Nantucket Nectars, Geek Squad, and Blue Man Group; founders of non-profits Pencils of Promise, FEED Projects, Kiva, charity: water, and Blue Star Families; and individuals known for solo careers such as movie director Jon Chu, actress Emmanuelle Chriqui, pop songwriter Benny Blanco, supermodel Karolina Kurkova, and political activist Mike de la Rocha.
[NEW PARAGRAPH] In addition, Machol argues that while it has become increasingly difficult to find jobs after college, it has become much easier to create modestly-financed startups. She therefore urges parents to help their children identify passions, consider building their own for-profit or non-profit organizations around them, and recognize that such an entrepreneurial career path may be more fulfilling and ultimately more financially rewarding than conventional employment.
Public service career
Machol was a commissioner of the Federal Trade Commission under President Reagan and nominated by President George H.W. Bush to Commodity Futures Trading Commission. She was a commissioner of the National Commission on Employment Policy; the first chief of staff of the Millennium Challenge Corporation, an agency launched by President George W. Bush to place foreign aid on a more businesslike basis; and staff director of the National H.E.L.P. Commission to advise the George W. Bush Administration and Congress on the future of United States foreign aid. She began her government career with the Banking Committee of the US House of Representatives, worked for the Joint Economic Committee, and served as legislative director for Congressman Marc Lincoln Marks (R-Pennsylvania). [9][10]
Personal Background
Machol is married to digital media entrepreneur Mark Bisnow.[11] They have two children, Summit Series founder Elliott Bisnow, and Magic Giant lead singer Austin Bisnow.[12][13]
References
- ^ Raising an Entrepreneur: 10 Rules for Nurturing Risk Takers, Problem Solvers, and Change Makers. Oakland, CA: 2016, New Harbinger Publications, Inc.
- ^ a b “Nomination of Margot E. Machol to be a Member of the Federal Trade Commission”, October 21, 1988, The American Presidency Project.
- ^ a b Tom Foster, “How to Raise Your Kids to be Star Entrepreneurs”. Inc. Magazine, March 2017, print edition p. 66.
- ^ Hayley Glatter, “The Mother Behind the Entrepreneur,” The Atlantic, September 16, 2016.
- ^ Sara Gilgore, “Can You Raise a Child to be an Entrepreneur?” Washington Business Journal, September 2, 2016, print edition p 3.
- ^ Washingtonian Magazine, October 20, 2016, print edition p. 26.
- ^ LA Parent, February 2017, print edition p. 50.
- ^ Washington Life, December 2016, print edition p. 88.
- ^ Announcement of the Office of the Press Secretary, the White House, October 25, 1990.
- ^ Beyond Assistance: The United States Commission on Helping to Enhance the Livelihood of People Around the Globe, transmitted to the President and Members of Congress, December 2007, print edition p. 111.
- ^ Tom Heath, “Bisnow Sells Its Multi-Media Enterprise”, Washington Post, May 14, 2016
- ^ Mark Cohen, “A Mutual Aid Society for Young Entrepreneurs”; New York Times, July 8, 2009
- ^ Brett Callwood, “Magic Giant Are Cool as Folk,” LA Weekly, April 19, 2018
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