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As I went into my monthly last-minute "I have nothing to write about" panic searching for something to say to inspire you, I read (one of my methods is to pretend I'm not thinking about a column topic and distract myself with Web surfing) about someone who has long inspired me. And I can't let the moment pass without acknowledging her many contributions to the entrepreneurial world.

Lillian Vernon, founder of the catalog company that bears her name, just sold her business in mid-April to a private investment group. While she's not retiring, Vernon is relinquishing daily control of the business, though she will still be the company's non-executive chairman as well as spokesperson.

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