Successful Women and how they Think about Business Differently

Successful Women and how they Think about Business DifferentlyA couple of weeks ago we were delighted to co-host a panel discussion with Richard Franzi’s Critical Mass for Business. As part of their Speaker Series, present was a panel of distinguished business women (and Director John Bradley Jackson) to discuss the topic of “Successful Women and how they Think about Business Differently”. The panel included:

Darcie Harris, Trainer & Speaker for Women Entrepreneurs

John Bradley Jackson, Director at Cal State Fullerton Center of Entrepreneurship

France Helfer, Entrepreneur & CEO at Halo Healthcare Inc.

Tomilee Gill, President at Executives Unlimited

It was a very educational event that discussed topics like:

  • Can women have a career and a family?
  • What roadblocks are there for women in the business world?
  • The outlook for women in business

Of course, many more topics were discussed and, most poignant to me and the rest of the audience were the panelists’ personal stories about how they have found success in business. The whole panel discussion can be listened to below or, if that’s not working, you can click here.

I am sure that we will have many more events just like this for our community so please keep in touch with us on Facebook or sign up for our newsletter to keep your finger on CSUF’s Entrepreneurial pulse.

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CSUF Students Named Innovation Fellows

Amerika Bernal and Cristian Sanchez at Titan Fast Pitch Competition

Amerika Bernal and Cristian Sanchez at Titan Fast Pitch Competition

The CSUF Center for Entrepreneurship proudly announces that Mr. Cristian Sanchez (Entrepreneurship major) and Ms. Amerika Bernal (Accounting major) have been named “Innovation Fellows” at the nationally acclaimed University Innovation Fellows program, which is sponsored by Stanford’s and VentureWell’s Epicenter organization.

This video explains exactly what Epicenter does to promote engineering and innovation: Continue reading

CSUF Entrepreneurship Team Receives Scholarship from Union Bank

From L to R: Nate Ryan, Lori Howard, David DeFilippo, Mike Kirtland, and Jed Casteneda. Mr. DeFilippo awarded his New Venture Panel Scholarship to the team pictured above, OneMessageID.

From L to R: Nate Ryan, Lori Howard, David DeFilippo, Mike Kirtland, and Jed Casteneda. Mr. DeFilippo awarded his New Venture Panel Scholarship to the team pictured above, OneMessageID.

One of the many unique aspects of the CSUF Entrepreneurship Bachelor’s Degree and Minor is that each student that earns either of those degrees will be part of a team that develops a business plan and some actually progress far enough to launch their business ideas. It’s an amazing process to witness and the amount of work that these students put into these projects is impressive.

For the last three semesters, David DeFilippo, Regional Vice President at Union Bank, has sponsored a scholarship for the team that has the most promising business. This semester the scholarship went to OneMessageID’s team leader Mike Kirtland (pictured above). We here at the Center for Entrepreneurship heartily thank Mr. DeFilippo for his and his company’s generous support of student-entrepreneurs at Cal State Fullerton. Continue reading

Event: Successful Women and How They Think Differently in Business

Women on Building & Thriving in Business - CSUF Entrepreneurship EventOn January 14, 2015 the Center for Entrepreneurship is proud to host the Critical Mass for Business program as they discuss the topic “Successful Women and How They Think Differently in Business.” Richard Franzi, the CEO for Critical Mass for Business, will moderate a panel comprised of the following people:

John Bradley Jackson (Director, Center for Entrepreneurship)

France Helfer (Entrepreneur & CEO Hal Healthcare, Inc.)

Darcie Harris (Trainer & Speaker for Women Entrepreneurs)

Tomilee Gill (President Executives Unlimited)

Continue reading

Startups + Incubators = Good Sense

Vincent Yancoskie '10 - CSUF EntrepreneurshipFor many startups, joining an incubator can make good sense. Yet, incubators are not all alike; this requires the startup to do some homework and ask some basic questions.

The first question to address is for the startup itself. What type of help does your startup need? Most startups will answer this question saying that they need help finding investor capital. An infusion of cash may well help the fledgling business, but the “ask” of the investor can be a waste of time if the startup is not prepared for the “due diligence” process. Many seed investors have very specific requirements for their prospective startup investments. The list can include proof of concept, intellectual property, a full management team, documented customer development, prototypes, etc. My experience is that few startups have these essentials.

Readiness for funding is a key criterion for the startup looking for funding. The investors also want to see a “pitch” via PowerPoint, an executive summary, a business model canvas, and a business plan. Thus, this is how the incubator can help.

You need to ask the prospective incubator to describe what they do. Some incubators specialize by industry or category such as food, biotech, clean-tech, or even agriculture. Other incubators may be non-profit in nature and may focus on a geographic region with the hopes of local economic development and job creation. Still other incubators may have a decidedly aggressive investment posture with a trade of cash for a significant equity slice.

CSUF’s Startup Incubator is adjacent to the University in downtown Placentia. The Incubator provides promising and coach-able startups access to technical advice, assistance in the hunt for seed capital, a place to meet and work, a large network of veteran entrepreneurs, and expert guidance concerning patents, technology transfer, licensing, royalties, contracts, and new venture formation.

The CSUF Startup Incubator will function as a “hatchery” for innovation; the goal would be to commercialize resident startups within 180 days. Many traditional business incubators coddle new ventures and make money from renting the facility and providing professional services to them. In contrast, the CSUF Startup Incubator will aggressively challenge its residents to “succeed quickly or fail fast.” The Incubator will achieve this through stringent feasibility testing, thorough market research, verified proof of concept, and rigorous beta testing of products and services. An experienced team of content experts, innovators and entrepreneurs will optimize the commercialization process by helping innovators avoid mistakes and lost time.

Are you ready for this challenge? If so, you can learn more at http://business.fullerton.edu/centers/cfe/StartupIncubator.htm. Better yet, apply now!

John Bradley Jackson
Director, Center for Entrepreneurship
Professor, Entrepreneurship
jjackson@fullerton.edu

CSUF Entrepreneur Success Story: Brian Cavanaugh ’13

CSUF Entrepreneur Success Story - Brian CavanaughEntering college, I thought I was going to be an Art major with hopes of becoming a graphic designer.  A couple of semesters later, my mind shifted from graphic art to photography, and I set my sights on a potential career in commercial photography. However, during a semester in a photography class, I shared my ambitions with my professor who shared an interesting outlook on my career path. She recommended that rather than studying for a degree in Photography, I should consider majoring in Business, as many artists and photographers are good at their craft, but lack solid business skills. After some thought, I agreed and set my sights on an Entrepreneurship degree from CSUF.

Continue reading

CSUF Students Help Companies Develop Better Leadership Practices

Woman Diligently Working

In the Leadership and Human Resources Student Consulting Program, our goal is to understand the client’s business and then use that understanding along with an objective lens to help address the leadership and HR challenges the client is facing. It is our goal to hear from the client that the student consulting team’s recommendations were on target because the team understood the intricacies and challenges of his business as well as the business owner.

Here is one example of such an engagement. Continue reading

Entrepreneurship needs Hackers, Hipsters and Hustlers

Hipster Hacker Hustler - Entrepreneur

Every startup needs three kinds of people: hipsters, hackers and hustlers. While I can’t take credit for this insight (a former student and current entrepreneur told it to me), I completely agree. Hackers are the folks who can code, or more generally, the folks who can create a product (the engineers and scientists). Hipsters are the folks who understand user experience and user design (the artists and humanities folks). And hustlers are the business people. Continue reading

CSUF Alumni Awarded Presidential Volunteer Service Award

International Surf Lifesaving Association LogoCal State Fullerton alumni Raquel Lizarraga ’10 and Henry Reyes ’10 recently won the Presidential Volunteer Service Award for the work that their nonprofit, International Surf Lifesaving Association, has done to help prevent people from drowning. Here’s more of the story about ISLA: Continue reading

Titan Fast Pitch Competition

#TitanFastPitch

#TitanFastPitch

Our second Titan Fast Pitch Competition was a huge success. We had dozens of university and high school students competing at this event and there were a ton of great ideas being presented. Congratulations are in order to everyone who competed and a big “thank you” to everyone who was involved in planning and executing this event. What follows is more or less an info sheet of what happened at the Titan Fast Pitch with video and pictures at the end. Continue reading

Titan Fast Pitch – University Track Lightning Round

The footage is from an iPhone so it isn’t going to win any cinematography awards but it does show the university track lightning round from the recent Titan Fast Pitch Competition where the best pitchers were invited back to answer a barrage of questions about their idea. All of the ideas are interesting and it’s well worth the watch.

#TitanFastPitch

Success Story – Rance’s Chicago Pizza

Success Story Rance's Chicago PizzaCSUF alumni Aaron Tofani ’06 was gracious enough to write the following post about how he and his business partner, Rance Ruiz, embraced their entrepreneurial spirits and opened one of the most successful pizza restaurants in Southern California, Rance’s Chicago Pizza.

Owning a business with one of my best friends is a truly rewarding experience. Growing up I watched Rance develop an expertise for making delicious Chicago deep dish pizza pies. When he asked me to join him in opening a restaurant, I drew from my education at Cal State University, Fullerton to evaluate the opportunity and build the business.

Rance's Chicago Pizza LogoIn 2012 we opened Rance’s Chicago Pizza in Costa Mesa, CA and have since been awarded Top 30 Restaurants in Orange County by the OC Food List, voted Best Pizza in OC on the 2013 Hot List and featured in OC Weekly, Daily Pilot, OC Register, many other articles, foodie blogs, and great reviews on Yelp. We’ve hosted a Tap Take-Over with fellow CSUF Success Story Bootlegger’s Brewery and countless pizza parties for friends and family. Our business is consistently improving and we are having a blast working together.

In writing this story I decided to reflect specifically on how my undergrad studies at CSUF contributed to the opening and subsequent success of Rance’s Chicago Pizza. Here are my top five. Continue reading

Golf Research Lab @ CSUF – Open House Saturday, November 15, 2014

The CSUF Biomechanics peeps are offering free demo swing analysis, food, drinks and freebies (there might even be some CSUF Entrepreneurship merch to be had as well) to people who attend their Open House on Saturday, November 15 from 11am to 2pm. The event is going to take place in the Kenesiology building on campus in room KHS 019 (CLICK HERE for campus map) and it promises to be a great time for golf enthusiasts, weekend duffers and everyone in between.

If you are interested in attending please RSVP @ csufgolflab@gmail.com

Flyer_GRL_Front

Why Should a Startup Consider a Business Incubator?

Sadaf SaloutBusiness incubation is not new.

While most people recognize the dotcom era as the birth of business incubation, startups have received support from service organizations, large corporations, universities, and government agencies for decades. All have had a similar mission of helping the fledgling startup survive and become company with a viable business model, more or less.

For the record, a business incubator is an organization designed to accelerate the growth and success of entrepreneurial firms through an array of business support resources and services that could include physical space, capital, coaching, common services, and networking connections (source: Entrepreneur.com). Be advised that many incubators specialize by industry, technology, startup maturity, or location. Some charge rent and offer administrative services, while others take equity for their support. All offer the hope of a success transition from a company wannabe to successful entity with a viable business model.

Making that happen is no easy task since startup success statistics are pretty grim. Bloomberg recently reported that 8 out of 10 entrepreneurs who start businesses fail within the first 18 months. What causes startup failure? There are many factors, but the list includes things such as ill-conceived business concepts without customers, lack of capital, bad management, poor market timing, lack of experience and, oddly enough, unexpected growth.

So why should an early stage startup consider getting help from a business incubator? While incubator expertise can vary greatly, here are a few reasons for considering the help of an incubator:

  1. Mentors – Most incubators offer the assistance of cagey veterans who have started and successfully managed companies. While some advice may be technical, much is wisdom earned from making tough decisions and living them.
  2. Access to Funding – Savvy investors prowl incubators with the hope of finding the next big thing. This early stage seed funding is expensive money but may be the difference between success and failure.
  3. Like Minded People – Incubators provide a watering hole for innovative startups that have similar visions of business success. Often the incubator environment is stimulating and fun. The camaraderie can be contagious.
  4. Mistake Repellent – OK, I invented that term. Look at this way, an incubator can provide a road map of how to start up a startup. This includes what to do and what pitfalls to avoid. This counsel can save time and money. Big time.
  5. Introductions to Professional Services – This can include intellectual property attorneys, CPAs and bookkeepers, insurance agents, and sources for manufacturing prototypes. Once again this can save time and money.
  6. Accountability – Some incubators are run like boot camps with daily intellectual aerobics; others softly coach and prod the founders forward, but all hold the startups to well defined goals and milestones. This may be the most important factor to consider.

Starting up a business is unbelievably exhilarating and perilous. While you can go at it alone, business incubation can provide a safer and quicker path to success.

John Bradley Jackson

Director of the CSUF Center for Entrepreneurship and Founder of the CSUF Startup Incubator

 

CSUF Startup Incubator Needs Innovative Business Concepts

BoratGot a great idea for a new business but not sure what to do next? Looking for other like-minded people who want collaborate, share your ideas, and make the world a better place? If that is you, then the CSUF Startup Incubator is the place for you.
At the Placentia campus, The CSUF Startup Incubator provides promising and coach-able innovators access to technical advice, assistance in the hunt for seed capital, a place to meet and work, a large network of veteran entrepreneurs, and expert guidance concerning patents, technology transfer, licensing, royalties, contracts, and new venture formation.
The Incubator is located at 120 South Bradford in Placentia with 910 square feet and uses a “hotel” concept to optimize space usage. The facility layout is open and casual. It has pod-like work areas for the innovation teams, along with meeting spaces and private office spaces. The Incubator will also provide virtual support to the innovator’s commercialization projects using the latest collaboration tools. The Placentia Campus has been made possible by the generosity of the City of Placentia.

Apply Now!