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From The Writer’s Almanac:

It's the birthday of Hugh Hefner, born in Chicago, Illinois (1926). He was brought up by strict Methodist parents. He was writing promotional copy for Esquire magazine when he got the idea for a new men's magazine that would be similar to Esquire but more daring.

Hefner financed the project with $600 of his own money, all the money that he had. He also raised about $10,000 by the sale of stock to friends. The result was Playboy magazine. The first issue featured a nude calendar photograph of Marilyn Monroe, which Hefner had bought from a calendar company for $200. It reached the newsstands in December of 1953 and sold out its press run of 53,991 copies at 50 cents a copy.


This article about CEO peer advisory groups was featured on the AOL front page today:
Voices of Experience Entrepreneurs are helping one another cope with the challenges of starting and growing a business.


I’m forming a new Franklin Circle peer advisory group for entrepreneurs, business owners, and creative managers. It is similar to other groups, but uses modern adult learning theory so that members learn more, faster, and have fun doing it. Ask me for an invitation to the next information session.