The Ohio Center or Entrepreneurship hired new faculty this year. We want to highlight them in our spotlight series. Reach out to them and ask questions. Use these great people as resources for your future success.
Mr. Paul Benedict has a close relationship with entrepreneurship. Working in entrepreneurship for the past 14 years in some capacity from helping startups, to starting startups, to investing with Adena Ventures, he has had the chance to look at entrepreneurship from many angles with an emphasis on investing.
To him, entrepreneurship is about solving big problems, doing something different, trying something no one else has tried. He understands the importance of failing in the pursuit of trying something you’ve never tried before, but he will be there for students to help them learn from their mistakes. The goal is to do something great. Do something that is going to make someone’s life better or job easier.
However, that is not where he started. As a little kid he dreamed of one day playing first base for the New York Yankees, but as he said that dream was “crushed very quickly.” However, after baseball dreams and political ambitions he found his heart in entrepreneurship.
When asked, “What is one thing you want the students you work with to know about you?” He responded with, “The honest answer is that I love this [stuff]” (edited for content). He is very passionate about entrepreneurship and loves working with students. The creativity and the possibility for creation are what make his job worth it. He jokes about picture of the Titanic that read “Perhaps my purpose in life is to serve as a warning to others.” He wants to help students learn from his mistakes in order to better facilitate their success.
The one piece of advice he’d give to OU students is to start something. Either to support a cause or for a profit, start something. Try to solve a problem, try to break stuff, try to do something crazy. See if you can pull it off. If you look at entrepreneurial teams that have been wildly successful, they start as friends. They use the deep trust and friendship to build from, and college is a great time to form those useful and meaningful bonds.
If you want to talk to Mr. Benedict you can reach him at this email Benedict@ohio.edu.