Designs on business Jesse Lipson '00 and Brooks Bell '02
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| Photo:
Elizabeth Galecke |
As a boy in Baltimore, Jesse Lipson '00 seemed destined to be
an entrepreneur. Among other projects, he invented magic tricks
and started a company to sell them to magic stores. "I had
fun and made a little money," he says. "I just liked
doing it."
Across the continent in Alaska, Brooks Bell '02 nurtured dreams
of tapping her creative talents as a graphic designer. "It
was my entire identity growing up," she says.
Duke nudged them in other directions--not so much off course
as toward wider-ranging interests. Lipson majored in philosophy,
expecting to head to graduate school and prepare for a career
in academe or consulting, or perhaps go to law school. Bell,
when faced with the choice between a design school with its relatively
narrow curriculum and the cornucopia of courses at a liberal-arts
institution, had chosen Duke. She majored in psychology.
By graduation, they were both turning back toward those childhood
dreams. Lipson finished a semester early, in time to catch the
end of the high-tech bubble of the Nineties. He took a job with
an Internet startup, working on ways to help companies add their
branding to e-mail communications. But the staff was small enough
that he also tried his hand at Web design. Soon, he had freelance
jobs updating websites and generating online graphics.
Meanwhile, at Duke, Bell signed up for an elective in graphic
design, which reawakened her interest in that field. For a course
project, she and Lipson designed a Christmas present for her
mother--a website for her orthodontics training company. "She
loved it, and said I should start a business doing it," Bell
recalls.
By the time Bell graduated, also a semester early, Lipson had
left the startup for his own ventures. His father, a pharmacist
and professor of pharmacy, had died unexpectedly in May 2001,
leaving a small consulting business that sampled the effectiveness
of pharmaceutical companies' advertising materials.
Lipson took over the operation, later selling 65 percent to a
group that agreed to run it. The company was sold in 2005 for
$5.5 million, of which he and his sister split 45 percent.
Lipson met Brooks during her freshman year at the bonfire celebrations
after a Duke-UNC basketball game, and they quickly grew close.
These days, they are partners in business and in life, running
three Web-based companies from trendy office space in downtown
Raleigh and looking toward marriage in August.
Lipson is deep into computer programming, designing software
products to automate and standardize business processes through
his company, novel labs. Formerly the research arm of novelProjects,
his website design, maintenance, and servicing company, novel
labs was spun off into a separate company in 2004. Bell presides
over Brooks Bell Interactive, a performance-oriented online-marketing
firm that creates advertising and other online media for national
clients.
Looking back over his ventures since leaving Duke, and toward
the future, Lipson says he suspects he'll qualify as a "serial
entrepreneur," one who creates a company, grows it, sells
it, and moves on to a new project.
Once a year, he returns to Duke to speak to aspiring entrepreneurs.
His favorite advice: Why wait? Freshman year is the perfect time
to start a business, he says. "You have access to professors
and other smart people, and you don't need to make money."
--Sara Engram
Engram is a freelance writer based in Baltimore.
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