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Adam Farrell Discusses Differences Between Chinese and US Business Models

Speakers for this podcast

  • Founder , Silicon Solar
  • male
  • Caucasian
  • 1984 (Age: 40 years old)

Biography

Adam Farrell founded Silicon Solar when he was 15. It had a single product, a raw solar cell for use in educational kits, and was based in his bedroom. Today there are about 260 products, a busy Web site, sales are growing at about 10 percent annually, and the company is putting a large addition on a building it moved into last year.

Farrell owns 60 percent of the corporation. His older brother, Matt Farrell, a 24-year-old Cornell graduate, serves as vice president and owns the rest.

Adam Farrell expects to graduate in December 2006 with a degree in Applied Economics and Management from Cornell University.

It's a communist government but it's not. It's really ... it's capitalism that drives the country right now. The government sees where opportunity is and I mean ... I don't want to say it's better than it's in the United States. We have more regulations, more barriers here ... to be honest that i...(Full transcript available to logged in subscribers.).

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