The Young Entrepreneurs Academy, also called YEA!, is an innovative program in Southeast Ohio that works with students ages 11-18 to help instill an entrepreneurial spirit. These students work with the facilitators to create and own a fully functioning business that can continue to operate after the program ends. Ohio University Center for Entrepreneurship just donated $5,000 to this year long program that helps to get students thinking about all of the future possibilities for them. As they say, they want students to learn “how to make a job, not just take a job.” Read the full article here to learn about this great program.
The Lean Startup Conference is coming up fast, and the summer sale price ends Monday. The conference is from December 8-12 in San Francisco, and it provides, not only a great networking event, but also an opportunity to find answers to the questions that entrepreneurs must face. There will be three engaging presenters attending to address a variety of issues.
Ben Horowitz of Andreessen will be discussing the question “What does the culture of a high-performance, high-growth team look like?”
Melissa Bell of Vox.com will talk about getting products to market faster. Also there will be an in-depth conversation with Melissa about her own practices and challenges with Vox.
Seppo Helava of Nonsense Industry is a new face, but will bring life to the stage addressing the issue of keeping up team morale in the face of adversity.
Find the link to registration here. Register before Monday to get a deal.
On October 17, 2013 members of Ohio University Entrepreneurs visited Don Wood’s Toyota car dealership to learn about his story of becoming an entrepreneur. Don Wood invited some of his staff, bankers that lend to him personally, an insurance agent, as well as a leader of Hocking College to hear him speak. Luke Pittaway and some of his entrepreneurship students came along for the presentation as well. His story was truly one of triumph and his success didn’t come without much difficulty and many obstacles along the way.
Don Wood was really excited to speak to us and talked about being able to give back to those of us that want to be entrepreneurs. Some of the words that really stuck with us after his presentation were that experience overweighs cash. Also, integrity is key to running a good business. If an owner cuts corners and takes the easy way out it only creates more problems later on in the future, a lesson he learned after buying the dealership from the previous dealer. He also had a lot of support from his family along the way that made his success possible.
For those who don’t know who Don Wood is, he owns the majority of car dealerships on East State Street in Athens. Don Wood is inspirational to all business owners and those of us that want to follow in his footsteps could all learn from him.
Dealers are typically seen as being greedy and will do anything to make a deal, but Don Wood focuses on the customer service for his customers and retains about 70-75% of his customers. This is because of his character and his commitment to always do the right thing. Soon in the future, OUE will be inviting him back to speak with us again so that we will be able to gain more insights. He is a great person to network with and is excited to help all of us in any way that he can. OUE cannot wait to host him again in the future.
Written by Erin Belka
On September 5th, 2013 OU Entrepreneurs (OUE) welcomes the Fall semester with a very special guest David Pidwell. Mr. Pidwell is an Ohio University Alumni who graduated with a B.S degree in electrical engineering and an M.S.I.S.E degree in computer systems engineering from Ohio University. He is also a member of the Board of Trustees and Board of Visitors for the Russ College of Engineering and he studied for his PhD in engineering economic systems at Stanford University. He later went on to become the President and Chief Executive Director of Rasna Corp. which is a software company which he started and he is now a venture partner with Alloy Ventures.
During his talk to the OU Entrepreneurs, Mr. Pidwell characterized an entrepreneur as a person who has wisdom and who is working from an idea to profitability and getting it to the point of sustainability. He also described an entrepreneur as a person with tenacity, who makes sacrifice, loves to think outside the box and who has a thick-skin; meaning rejection does not stop them.
As an entrepreneur with decades of experience, Mr. Pidwell emphasized aiming for success and giving it all your effort. He states, “There’s nothing more powerful than getting to a point where the company grows, generating profits. When you hit those bumps of success it feels good: getting that prototype, signing your first million dollar check”. Mr. Pidwell has always been a very driven person, he left the OU Entrepreneurs with a lot of knowledge, wisdom and drive to go for what they want and make it happen!
OU Entrepreneurs hold meetings every Thursday 7PM- 8PM at the Hatchery in the Computer Service Center Room 003. The club is focused on students who want to learn about entrepreneurship and is open to students across campus.
Written by Philistar Bonyo