Monthly Archives: January 2011

Job Opening for Creative Person

A local friend of CSUF Entrepreneurship is looking to hire a full time person that can manage the following digital activities:

– Create in-house marketing pieces like brochures, videos, power point presentations
– Keep web site updated (after major overhaul )
– Manage social media
– Organize and maintain company photo library

Contact us right away if interested. Apply now!

John Jackson
Director
Center for Entrepreneurship

Why I Teach Entrepreneurship

Being an entrepreneur is not an easy choice to make. Although the media entices us with stories of entrepreneurs making millions when their firm is acquired for billions of dollars or goes public, the reality is that these events are quite rare. Many entrepreneurs do not expect – and are not likely to receive – any such financial windfall. In fact, many entrepreneurs actually make less money than they would if they worked for somebody else. Factor in paying for your own health-care and double the social security, and the wage differential becomes even more pronounced.

So why do so many people become entrepreneurs? I believe it has to do with the satisfaction that comes with being your own boss. Being an entrepreneur is both incredibly exhilarating and frightening. As an entrepreneur, you make all the decisions and have to deal with the consequences of those decisions. If your company does well, you do well. If it does poorly, you may not be able to pay your bills.

Many of my family members are entrepreneurs. I have seen them enjoy periods of success, and persist through periods of struggle. I remember clearly one particularly rough period for my dad when it looked like his business would have to shut its doors. He knew that the rational thing to do was to close the company and get a job at a large corporation. But as I watched him look through the want ads (this was before the Internet existed), I could practically see his heart breaking. It did not matter that he could not pay the bills; he never wanted to go back to working for someone else.

Why not? Because, despite all the challenges he faced, the bottom line was that he was happiest when he was working for himself. This is one of the strongest findings in entrepreneurship research – those who are self-employed are happier than those who are not. Entrepreneurs are more satisfied with their jobs and their lives than those that work for others.

While there are a number of reasons I love teaching entrepreneurship, the biggest by far is the ability to facilitate happiness. By helping students learn to be better entrepreneurs, I hope to help them lead happier lives. And, if they hit that million dollar jackpot, then that’s just icing on the cake.

Dr. Atul Teckchandani
CSUF Entrepreneurship

CSUF Entrepreneurship Alum Opens Restraurant

Congrats to Dipta Kazi, CSUF Entrepreneurship alum, who opened his new restaurant named “Taj-Mahal Express”. Dipta wrote his business plan in the New Venture Creation classroom back in 2007.

Like many entrepreneurs, it took many long months to prepare for the launch of his business concept. Dipta’s perseverance has paid off.

His grand opening is this weekend. Be sure to celebrate this great event. Visit www.taj-mahalexpress.com

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

Student Consulting Teams Available for Spring

CSUF Entrepreneurship is looking for a few more consulting clients for the Fall for our Strategy and Leadership classes.

A typical team of 5-6 students puts in over 300 hours on the custom project. Space is limited and the semester kicks off in a few weeks.

Please contact Charlesetta Medina, Field Case Coordinator for the CSUF Center for Entrepreneurship at (657) 278-3464 or Cymedina@fullerton.edu or visit the website at http://business.fullerton.edu/centers/cfe/

Apply now!

John Jackson
Director
Center for Entrepreneurship

CSUF Entrepreneurship Sponsors Fast Pitch with Tech Coast Angels

Our relationship with Tech Coast Angels (TCA) is growing. Please note our partnership at the upcoming TCA “fast pitch competition” on February 24. Eight to ten early stage companies, chosen from more than 100 applicants, will be selected to present on stage at the event. Each new venture CEO will have 90 seconds to pitch their company to a panel of judges.

See the link:

By the way, Tech Coast Angels is the largest angel network in the US. Fast pitch competitions have emerged as the preferred way for entrepreneurs to present their ideas to investors. More than 400 people attended the five prior TCA Fast Pitch Events

John Bradley Jackson
Director
Center for Entrepreneurship

CSUF Entrepreneurship Sponsors Tech Coast Angels Fast Pitch

CSUF Entrepreneurship will be a sponsor the 6th Annual Fast Pitch LA 2011 on February 24, 3-9 p.m. CSUF students may attend or pitch their ideas at no charge.

The Tech Coast Angels 6th Annual LA Fast Pitch Competition is at UCLA Anderson School of Business. CEOs of eight to ten startups, selected from more than 100 applicants, will have 90 seconds to pitch their companies to a panel of judges. The winner will be invited to present their company and business plan at a Tech Coast Angels deal-screening session.

CEOs of Southern California-based companies who want to apply to be a Fast Pitch competitor should submit an application now at www.pitchtheangels.com. The deadline for applications is February 5th. Applications will be screened by members of Tech Coast Angels starting in mid January. More than twenty CEOs will be invited to participate in pre-event coaching sessions in February where TCA members and other coaches will provide them with tips and guidance on their pitches. The coaches will select the best eight companies to appear onstage at Fast Pitch on February 24th.
The 6th annual event will include presentations from CEOs and venture capitalists on funding and starting a company, and the Fast Pitch competition itself. A light dinner and refreshments will be served after the program at a networking event that will be attended by investors, entrepreneurs and other industry experts.

More details about the event agenda will be available in mid January. Please plan on attending on February 24th. Stay tuned for more information or register now. In the meantime, startup CEOs, please submit your applications now: deadline February 5th. Company screening sessions will begin in late January – the sooner you get your applications in, the better.

For more info click here.

John Bradley Jackson
Director
Center for Entrepreneurship