Case Study : ' Til You Make It Big '

| - Lecture: “Managing Innovation and Fostering Corporate Entrepreneurship”- Presentation and Annual Report discussion follow up- Download CompXM Guide from website for discussion Tuesday 11/13.

I’m always fascinated by the stories of successful entrepreneurs such as Jack Ma, the founder of Alibaba and Elon Musk the founder of Tesla and Space X. It is not only because of they are famous but also because they found their investors who contribute to their success and have the right to take part of it. The curiosity of finance drags me into the field of commerce and investment. Finance, a comprehensive study, requires the ability of mathematics and understanding of the economic environments which are my two favorite subjects since I was in year 11. I got my first chance to access to the field of finance in 2017 through two internships: at China Everbright Bank and Nuoyuan Holdings, a subsidiary of Hanfor Holdings. Getting to

Teenagers today face a number of problems, ranging from peer pressure and alcohol, to depression and rape. These severe topics can have an intense effect on a growing child, now, and in the future. Many modern teenagers face the daily struggles of harmful situations, and the good and bad in them. In The Perks of Being a Wall Flower, Charlie faces almost every bad situation imaginable, in a heart breaking and realistic coming of age story. Charlie does not have the grandest high school experience, but the book represents the harsh and cruel reality of what so many students face today. Charlie, also being on the unclear side of what he was experiencing, was also hit hard with the outcomes of his actions. Drugs, alcohol, and sexual interaction contributed to the difficult standards that are held to growing students, in their fight to fit in. Every teen has faced the harsh reality of peer pressure and abuse, which takes a harsh effect on its victims. In the beginning of the story, Charlie faces the death of one of his friend Michael, to suicide. Starting the beginning of Charlie?s coming of age story, also known as a freshman in high school. Throughout the book, peer pressure, substance abuse, the fight to be normal, and the hope to have friends in the first place pushed Charlie to take the wrong path in some situations. Charlie?s coming of age story represents the teenage life today

The main purpose of the Integrative Learning Project (ILP) is to introduce an authentic or fabricated company/industry to research. The company’s organizational setting includes the mission statement of the company, who the internal/external customers are, what aspects can

Peter Thiel, a co-founder of PayPal, has funded his own fellowship to help entrepreneurial students understand that they “may actually be better off leaving college” (Source E). Each of the winners will come to Silicon Valley to incubate their business ideas instead of getting a degree. While critics argue that Thiel’s success is largely based off of networks forged in his days at Stanford, Thiel remains convinced that college turns students into followers and not leaders. He is just one of the many businessmen who have asserted the importance of gaining real-world experience instead of following a core

Startup.com is a documentary film about govWorks.com, a start-up tech company that operated between May 1999 and December 2000. The company raised $60 million US dollars from various venture capitals and was thought to become a million-dollar business that will go public on the stock exchanges. Unfortunately, the company did not survive when the dot com bubble bursted. The company was founded by two best friends since high school, Kaleil Isaza Tuzman and Tom Herman. Their friendship also fell apart as the company came to an end. govWorks.com was acquired by a multinational corporation on New Year’s Day 2001 due to the company’s rapidly depleting cash flow and inability to get more funding.

I have always been interested in “doing my own thing” or, better known as, entrepreneurship. In high school, I would buy T-shirts, sweatshirts, and hats in bulk. I’d embroider little emblems on them and mark up the price by 100%. People at school would buy $1 shirts and pay $9 for my craftsmanship. However, I wanted bigger and better things. I channeled Andrew Carnegie in my approach to business: why just stop at my little venture when I could vertically integrate and market for myself? I decided to invest all my money in a new cause and thus, my own social media marketing company was born. The skills I’ve learned in starting my company is something that cannot be taught. I would relish the opportunity to grow and learn at an institution like The Stephen M. Ross School of Business that understands the importance of innovation and exploration.

Many of the biggest startups of our time were started by a group of people rather than a single one. Jobs had Wozniak, Gates had Allen, and Page had Brin to help them out. The fact that some of the smartest people in the world needed help to accomplish their dreams is the reason that I have chosen to apply to these honors programs. My goal in life is to change the world and create a startup not for money or fame, but to improve society to the extent as some of these huge companies. Imagine a world where people spend hours searching for a specific website in the absence of Google. I want to live in a

This past summer I interned at Community Empowerment Solutions where I worked as a consultant for entrepreneurs in Ecuador. During this internship, I managed a team of interns solving problems facing entrepreneurs which included: looking for funding, improving customer support, and refining marketing campaigns. I lead my team to create efficient solutions to these problems while taking into consideration obstacles like limited internet connection, illiteracy, low-income, cultural and language barriers. Inspired by the impact students could make in Latin America, a group of interns and I formed Pakta Consulting; a pro-bon consulting group that seeks to match college students to Latin American entrepreneurs. In Pakta, I also manage a team of consultants to solve problems that entrepreneurs bring to us. In conjunction with this, I serve as Vice President where I manage Pakta’s growth, overlook other teams, and recruit both consultants and clients. These experiences have prepared me for an internship with McKinsey where I hope to continue to grow and

Though my previous experience has enabled me to evaluate the maximum potential value of a company, I realized I am more interested in learning how a company can reach that value. Instead of working for one single company, I would rather work for multiple companies and help them grow. Through my internship this semester, I also knew I wanted to helping developed established companies invest in new strategies rather leading

The ELAC Foundation has utilize the feedback it has obtain from departments and students in establishing an incubator project in joint collaboration with OmniWorks. The project’s objective is to create of a scalable model of a state-of the-art entrepreneurship and innovation center, provide business/financial curriculum, mentorship, and access to capital to create pathways for students and community entrepreneurs to greater success high growth business sectors. The goal of this center is to position ELAC as a leader in entrepreneur and strong workforce initiatives, deepen college ties to businesses and the community, and increase potential for corporate sponsors, and enlist local business leaders to: serve as mentors, participate as guest speakers, create paid internships and help build supply chain diversity.

The main objective of this semester was to learn various organizational behaviors that are conducted in a business environment outside the classroom; these would help us as students and as future business entrepreneurs. Throughout the semester, every week different professors came and gave us lectures. Each lecture was about different topic with professors of different departments. Along with the weekly lectures we also had an interactive session that gave us the opportunity to apply the lessons and techniques learnt in our professional and personal lives.

This brings us to how iCoach360 works; iCoach360 is a membership organization for CEOs, executives and business owners. When an entrepreneur takes courses at iCoach360, they can expect perceptible results with a real world impact. iCoach360 also helps struggling entrepreneurs connect with other struggling entrepreneurs, and this way gives each other ideas, support and most of all a place to come together and learn from each other’s mistakes. We experienced iCoach360 as a seminar and it presented each of the coaches’ experiences and they also touched on subjects important to them where they have expertise. They also introduced a few guest speakers that brought their experience and section of expertise like Corey Mays.

secretary of education states that “high-quality education" that encourages "creativity, imagination, and ingenuity’”. It is true that thirty percentage of startup business failure reasons of “unbalanced Experience or Lack of Managerial Experience”, followed by “lack of Experiences in line of goods or services” is about eleven percentage. Interestingly, company competence occupied the highest rate of failure of 46% (Statistic Verification, Entrepreneur Weekly, Small Business Development Center, Bradley University, university of Tennessee Research). In addition, successful entrepreneur usually possess “highly motivated and willingness to take initiative to execute duties” and have appropriately responsible to their activities, decision, and company’s outcomes.

Startup.com shows the perils of going into business with a shaky business plan. It shows the initial excitement, the rise and fame, the bumping of heads and the eventual downfall. Such is the story of govworks.com, the documentary, startup.com covers it’s first, and only, year in business.