Entrepreneur Pitch Opportunity: Orange County VC and Angel Investor Conference

Business PresentationBeing able to pitch your business well is a critical skill that every entrepreneur should posses. Whether you are communicating your concept to investors, potential partners, or anyone else you need to be able to effectively communicate why your business is worthy of consideration. And that is especially true of that first group of people that I mentioned: investors.

To that end, one of our more active CSUF Entrepreneurship community members and mentors, Virginia Lorimor, is an angel investor and she will be participating at a pitch contest on September 28 called Orange County VC and Angel Investor Conference. This competition is a great opportunity for entrepreneurs to get their ideas out to potential investors.

The details of the event are as follows:

Interested in meeting and pitching to early-stage Angel Investors and Venture Capitalists in Orange County? Register for the FundingPost event on Thursday, September 28th, 2017.

FundingPost has hosted exactly 400 sold-out venture events in 22 cities over the past 17 years.

At our next event, the panel of investors will focus on Early-Stage Venture Investing: How to meet investors, pitch them, and what it really takes to get them to write you a check! We will be discussing trends in Early-Stage Investing, hot sectors, sectors that these Angels and VCs look at, things that are most important to them when they are considering an Investment, the best and worst things an entrepreneur can do to get their attention, additional advice for entrepreneurs, and, of course, the best ways to reach these and other Investors. There will be plenty of time for networking with the Investor panelists, both before the panel & after the panel at the Cocktail Party!

Interested in pitching? 15 will be selected for a 60 second fast pitch to the panel of investors. The Investors will vote and the winner will get meetings with the Investors.

If you would like a guaranteed 5 minute pitch position we have 3 exhibitor passes available.
The exhibitor passes includes:
– 3 tickets
– Table top to display product / service
– 5 minute speaking slot at the end of the normal 60 second pitches.

5:00 – 5:30 Registration / Hors D’oeuvres / Networking
5:30 – 5:45 Introduction
5:45 – 6:45 Investor Panel
6:45 – 7:00 Audience Q&A
7:00 – 7:45 Pitches and Voting
7:45 – 9:00 Beer / Networking

Register today, as this event will sell-out and seating is limited!

And if you do attend this event make sure to let us know how it goes!


#CSUF

For more details on CSUF Entrepreneurship:
http://business.fullerton.edu/Center/Entrepreneurship/

For more details on how we help people become entrepreneurs:
http://business.fullerton.edu/Center/Entrepreneurship/Incubator

For more details on how CSUF Consulting can help businesses thrive:
http://business.fullerton.edu/Center/Entrepreneurship/Consulting

Attend one of our events for entrepreneurs or sign up for a free mentoring session:
http://bit.ly/CSUFEntrepreneurEvents

Knowledge @ CSUF Entrepreneurship video series:
http://bit.ly/csufknowledge

8 Hour Business Challenge

 Update (September 20, 2017): Unfortunately, this event has been cancelled. Sigma Upsilon Mu is planning on rescheduling this event for the spring 2018 semester.

8 Hour Business ChallengeThis Saturday one of our entrepreneurship clubs, Sigma Upsilon Mu, will be hosting a competition called the 8 Hour Business Challenge. Student-entrepreneurs competing in the 8 Hour Business Challenge will be taking part in an intensive startup experience where they will learn what it takes to launch a business and have the chance to win some prizes as well.

If you are interested in competing in the 8 Hour Business Challenge make sure to sign up on the official event page and we wish you the best of luck in the competition!

Here is some more information about the competition from the event organizers:

Who we are: 

Sigma Upsilon Mu (SUM) is a co-ed entrepreneurship business fraternity established in March 2014. Our motto is “Facta Non Verba” (Deeds, Not Words); We believe in taking action instead of being idle. Our mission is to transform the lives of college students to reach their maximum potential. With the implementation of entrepreneurship principles, we will be a community of lifelong learners who will become future innovators such as founders, executives, and financially independent individuals. 

What we are doing (8 Hour Business Challenge): 

The 8 hour business challenge is an event held on campus that enables entrepreneurs, and those who are interested in entrepreneurship, to put their skills to the test. Each contestant will join a team that is given 8 hours to create an original idea for a business and formulate it from top to bottom. After the 8 hour mark they will be judged by entrepreneurs from the Orange County area and be evaluated on their business idea, investment pitch, and commercial made for the event. The top three winning teams will receive prizes and cash for their business.

Who will be there: 

We are expecting participants from all around the Orange County area, not just CSUF students, in addition to 10 mentors and 5 judges. We are also expecting spectators later in the evening when pitches are being held.


#CSUF

For more details on CSUF Entrepreneurship:
http://business.fullerton.edu/Center/Entrepreneurship/

For more details on how we help people become entrepreneurs:
http://business.fullerton.edu/Center/Entrepreneurship/Incubator

For more details on how CSUF Consulting can help businesses thrive:
http://business.fullerton.edu/Center/Entrepreneurship/Consulting

Attend one of our events for entrepreneurs or sign up for a free mentoring session:
http://bit.ly/CSUFEntrepreneurEvents

Knowledge @ CSUF Entrepreneurship video series:
http://bit.ly/csufknowledge

How to Build a Strong Culture from Startup to Mature Company

Whether you have are still in school or have had a long professional career you know that different organizations do things differently. How we do things is determined by a number of factors but how organizations do things is determined by culture. And that is why it is so important for entrepreneurs to focus on their company’s culture from the first day.

As you will find out in this edition of the CSUF Entrepreneurship Insider, we will be hosting a powerful seminar headed by veteran executive and startup coach Dave Kinnear this Wednesday at 6pm at the CSUF Irvine campus. Tickets are available for Building a Strong Culture from Startup to Mature Company. We hope to see you there!

As leaders know there is no way to effectively monitor everything that goes on in a company. Leaders cannot be there when all the tough decisions need to be made so what do they do?
Good leaders build a strong culture from day one. Even if they are the only employee at the inception of the business their values become enmeshed in the company’s fabric and have a huge impact on how future members of their organization will operate.
Building a Strong Culture from Startup to Mature Company is our event this Wednesday at 6pm at the CSUF Irvine campus. My friend and longtime CSUF Entrepreneurship mentor Dave Kinnear will be leading this seminar outlining why entrepreneurs need to foster a strong culture for their companies and how they should go about doing just that.
Dave will draw on his vast experience as an executive and startup coach in this talk and we hope to see you there!

Tickets are still available for this event. I know that some of you tried to register for this event already but were unable to do so due to a glitch on the event page; that has now been fixed.

Sincerely,

John Bradley Jackson
Director and Professor
CSUF Center for Entrepreneurship, CSUF Consulting,
& CSUF Startup Incubator

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Business as a Machine

Marc Pakbaz gives a talk on how to create a successful startup from the ground up for CSUF Entrepreneurship

Marc Pakbaz gives a talk on how to create a successful startup from the ground up for CSUF Entrepreneurship

Marc Pakbaz is an interesting guy and I like him. I’m going to miss a big portion of his history here but, in short, he is from Iran, lived in France (where he built and sold a business), and now lives in America (where he built and sold a business). He’s a teacher, consultant, serial entrepreneur, and a mentor for CSUF Entrepreneurship. In short, he’s a busy guy and we were ecstatic to have him give a talk for us last night at the CSUF Irvine campus.

At his talk, Marc, as is befitting of someone who has led the life he has, gave a fluent discourse on starting or growing a business from the ground up. For example, he started off talking about the normal litany of startup 101 (i.e. LLC or partnership, etc.) but then a big “X” went through all of those items on his PowerPoint. Those things are important but they shouldn’t monopolize your time as an entrepreneur.

Instead, your first step should be to define your business. This includes what kinds of activities you focus on, developing your clients/customers, and figuring out who your competition is and what they are up to. He goes on from there in great detail about what he focuses on when starting or growing a business but there is one thing in particular that he focused on that I think is really important: A business is a machine.

Specifically, Marc used images of gears to illustrate this concept. First, he showed a picture of a bunch of gears haphazardly thrown into a box. That won’t work, those gears can’t get anything done. Nothing is aligned and the gears are destined to rust away in that box unless something is done.

The next picture that Marc showed was of gears that are now aligned but they all aren’t connected. Some of the gears are connected but not all of them and this, if you’ve studied business, is setting up things in silos. Individual silos may work well but if they aren’t working well together, across the silos, then the business as a whole isn’t aligned. And when all the parts of a business aren’t working together towards the same goal then it won’t be able to accomplish as much as it could.

A business can accomplish a lot when all of the gears are connected and he showed a complicated setup of gears that all worked together. This may seem facile but if you look past the seeming simplicity of the imagery you will quickly realize creating a business so that it works like a machine is no easy matter.

Marc’s an engineer by training and he definitely thinks like one so now you understand why he used the imagery that he did. But the message conveyed by the images of the gears in various stages of connectivity is a vitally important message that every successful entrepreneur or business leader I know agrees with. Startups (and businesses and any other organization that you can think of) work best when all of its parts are working together towards a common goal.

Heck, Abraham Lincoln may have uttered the most well known line about the importance of an organization working together towards a common goal when he uttered “A house divided against itself cannot stand.”

So, who cares? (and) What can you do about this?

The thumbnail sketch of the meat of Marc’s talk is: Take the lean canvas model with its nine different categories (i.e. partners, value proposition, channels, revenue, etc.) and make sure that they all work together in harmony.

It’s a lot of work, but, as Marc expertly explained during his talk, it’s definitely worth it.

To learn more about entrepreneurship make sure to go through the Knowledge @ CSUF Entrepreneurship series of articles and videos that we have produced for the community. We are frequently adding content to this series (and I hope to add some videos from Marc’s talk to this series soon) and it’s a great way to learn but if you are ready to act I recommend working with our CSUF Consulting program if you have an existing business or the CSUF Startup Incubator if you have a business concept or are looking to grow a new part of an existing business. Our services have helped thousands of businesses develop strategic plans that have achieved great results. To find out more, please get in touch with us at csufentrepreneurship@fullerton.edu.


#CSUF

For more details on CSUF Entrepreneurship:
http://business.fullerton.edu/Center/Entrepreneurship/

For more details on how we help people become entrepreneurs:
http://business.fullerton.edu/Center/Entrepreneurship/Incubator

For more details on how CSUF Consulting can help businesses thrive:
http://business.fullerton.edu/Center/Entrepreneurship/Consulting

Attend one of our events for entrepreneurs or sign up for a free mentoring session:
http://bit.ly/CSUFEntrepreneurEvents

Knowledge @ CSUF Entrepreneurship video series:
http://bit.ly/csufknowledge

How to Sell your Startup to a Public Company

There is a great deal of difference between a private company and a public one. One big difference is the kind of regulatory regime a private company has to comply with is much less stringent and much less expensive than the one that public companies have to comply with after Sarbanes-Oxley.

So, what does this mean to a private company that is looking to potentially get acquired by a public company? Unless you have prepared your company then the process can get messy and when acquisitions get messy they become much more expensive.

But our good friend Pete DeAngelis has a better way. Having navigated these potentially rough waters Pete steered his private company into the safe harbor of a public company without much friction. By watching this video you will find out how Pete was able to accomplish this while getting top dollar for his private company.

About Pete DeAngelis: Pete DeAngelis has raised more than $7.5M for companies he has been an executive or board member for and he is also on the Investment Committee for the Cove Fund. In other words, when he talks about how to finance your business you should listen.

https://www.linkedin.com/in/petedeangelis/


#CSUF

For more details on CSUF Entrepreneurship:
http://business.fullerton.edu/Center/Entrepreneurship/

For more details on how we help people become entrepreneurs:
http://business.fullerton.edu/Center/Entrepreneurship/Incubator

For more details on how CSUF Consulting can help businesses thrive:
http://business.fullerton.edu/Center/Entrepreneurship/Consulting

Attend one of our events for entrepreneurs or sign up for a free mentoring session:
http://bit.ly/CSUFEntrepreneurEvents

Knowledge @ CSUF Entrepreneurship video series:
http://bit.ly/csufknowledge

Riverside Startup Weekend with Techstars

techstars-master-logo-colorDuring the week of September 25-29, Riverside and Techstars are partnering up to host Startup Week, which is a five day celebration of the entrepreneurial community. If you are already part of the entrepreneurial community or if you’ve been meaning to join this innovative community now is the time to do so. This is a new type of conference that builds momentum and opportunity around entrepreneurship, led by entrepreneurs and hosted in the entrepreneurial spaces that you already love. Startup Week is a reflection of the hard work that entrepreneurs do and the unique entrepreneurial identity that Riverside and Techstars share.

There is no cost to attend any of the events that are taking place during Startup Week but you do have to register. In order to do so, please go to this page: https://riverside.startupweek.co/

On that page you will also find a detailed list of all of the events that are happening during the week.


#CSUF

For more details on CSUF Entrepreneurship:
http://business.fullerton.edu/Center/Entrepreneurship/

For more details on how we help people become entrepreneurs:
http://business.fullerton.edu/Center/Entrepreneurship/Incubator

For more details on how CSUF Consulting can help businesses thrive:
http://business.fullerton.edu/Center/Entrepreneurship/Consulting

Attend one of our events for entrepreneurs or sign up for a free mentoring session:
http://bit.ly/CSUFEntrepreneurEvents

Knowledge @ CSUF Entrepreneurship video series:
http://bit.ly/csufknowledge

Big Things are Happening this fall for CSUF Entrepreneurship

In this edition of the CSUF Entrepreneurship Insider we make a big announcement! Make sure to sign up to be a CSUF Entrepreneurship Insider to make sure that you can be an active member of this growing entrepreneurial community.

For Cal State Fullerton’s entrepreneurship students the semester is already well underway. Many of them will be meeting with their CSUF Consulting clients soon and they are also already hard at work developing businesses in their New Venture Launch and New Venture Creation courses. They are busy!
And it’s an exciting time for many other reasons as well.
I’m happy to announce this year’s Titan Fast Pitch competition on October 21. At this competition, university and high school students have the opportunity to present their business concepts to our judges. It’s an exhilarating experience for the students as they only have sixty seconds to present their concepts. Why sixty seconds? It’s certainly not enough time to fully explain everything a potential investor or partner needs to know about a business but we chose that amount of time because it is approximately the amount of time an entrepreneur has to initially pique someone’s interest in their concept.
And, as many great speakers have said in the past, it is much more difficult to boil down the essence of what it is they are talking about into a short amount of time than it is to talk at length. What we are looking for in this competition are students who have given enough thought to their concepts so that they can articulately impress upon our judges the importance of their concepts.
We are also excited about the continued growth of the CSUF Startup Incubator. As of this writing, we have accepted a total of 26 startups into our incubator to help them go from concept to launch. This semester, our students will be consulting with a handful of these startups to help them work through their concepts and develop robust startup plans alongside the expert mentoring that these startups receive from CSUF Startup Incubator staff and their startup coaches.
Additionally, we will be hosting a wide range of seminars and office hours at the CSUF Startup Incubator and at the CSUF Irvine campus. Take a look below to see the full list of opportunities we have for members of the CSUF Entrepreneurship community.
We hope to see you soon!
Sincerely,

John Bradley Jackson
Director and Professor
CSUF Center for Entrepreneurship, CSUF Consulting,
& CSUF Startup Incubator

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