Monthly Archives: February 2013

CSUF Entrepreneurship Scholarships

We have two exciting scholarships for you to apply to this semester. But first, here are a couple of extremely important points:

  1. The deadline to apply is Friday, March 15 at 11:59pm PST
  2. To apply you must complete THE SCHOLARSHIP APPLICATION and bring it to SGMH 3280 by the deadline (emailing a scanned copy would suffice if there is no other option) – Make sure to complete every section required as failure to do so will result in the rejection of your application

Here are the two available scholarships:

Conrey Insurance Brokers and Risk Managers Entrepreneurial Scholarship

Amount: $3,000

Established by:
This scholarship was established by Conrey Insurance Brokers and Risk Managers on behalf of the Entrepreneurship Program in the Mihaylo College of Business and Economics, Cal State Fullerton.

Open to:
This scholarship is open to full-time students in their junior year, entering their senior year in the upcoming fall semester—all applicants must be majoring in Business Administration with a concentration in Entrepreneurship.

Criteria:
2.5 GPA (employed and/or extracurricular activities)
3.0 GPA (unemployed or not involved in extracurricular activities)

Application Procedure:
1) Complete the Scholarship Application, answering all 7 questions, and sign the certification; and
2) Submit application to the Department of Management, Center for Entrepreneurship
SGMH 3280.

Application Deadline: March 15

State Farm Scholarship

Amount: $1,000

Established by:
This scholarship was established by State Farm on behalf of the Entrepreneurship Program in the Mihaylo College of Business and Economics, Cal State Fullerton.

Open to:
This scholarship is open to full-time students in their junior year, entering their senior year in the upcoming fall semester—all applicants must be majoring in Business Administration with a concentration in Entrepreneurship.

Criteria:
2.5 GPA (employed and/or extracurricular activities)
3.0 GPA (unemployed or not involved in extracurricular activities)

Application Procedure:
1) Complete the Scholarship Application, answering all 7 questions, and sign the certification; and
2) Submit application to the Department of Management, Center for Entrepreneurship
SGMH 3280.

Application Deadline: March 15

Job Interview Tips

Interviews can be nerve-racking, but here are some basics to remember:

1. Dress the part – I’m sure you’re very stylish, but the job interview is the wrong platform to show off your modern fashion sensibility.  Unless you’re interviewing for a position that requires you to dress according to the latest trends, hold off on the skinny jeans and pass on the club clothes.

2. Be mindful of your body language – Maintain good posture, smile, and make eye contact.  This goes a long way. Video practice may help; have a friend capture the “real you” in a practice session. Beware that this video may scare you a bit.

3. Don’t wing it – Did you ever have to give a presentation or take a public speaking course in school?  The ability to think on your toes is a good skill, but as these experiences will tell you, preparation is always better than improvisation.  Spend some time doing practice interviews with someone.

4. Do your homework – Prior to meeting with the potential employer, read the mission statement of the company, poke around their website, and thoroughly read the description for the job position.  Having done this research will help you understand the company’s needs.  This bleeds into the next tip.

5. It’s not all about you – You ought to focus on the company’s needs and how your abilities and experiences will help them.  Even though your focus is on the company, talk about why these things make you the ideal candidate for the position and share the accomplishments that will validate these claims.  Tell them what makes you different from other candidates.  Don’t be afraid to articulate why you’re the best fit for their company.

6. Listen intently – The employer may give you insights as to what they’re looking for. Listening means not talking and staying in the moment; avoid trying to think ahead.

7. Don’t put too much emphasis on your last job – Answer the questions you’re asked, but be mindful of where you are.   Talking too much about why you were laid off or chose to leave your last job at an interview is like crying about an ex on a first date.  By doing this, you risk making yourself appear bitter or hung up on your old job.

8. If you want to work at the company, tell them – Not asking the potential employer for the position can be a mistake.  Tell them why you want to work for their company.

9. Be genuine – Avoid pretending to be someone you are not. Interviews can be nerve-racking, but don’t be afraid to laugh and let your personality shine through.

Good luck.

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

CSUF Business Plan Competition 2013 – SIGN UP EXTENDED

This will be short and sweet: The deadline to sign up for the CSUF Business Plan Competition 2013 has been extended to Sunday, February 24 at 11:59pm. To make sure that everything goes smoothly please email Travis (tlindsay@fullerton.edu) with your intention to sign up. Please include your full name and your CSUF email address.

Also, some of you have signed up and you don’t have a group. That’s fine, that’s great really, now we just need to find you groups. The best place to do this at this point in time would be our Facebook Group that was set up for the competition. If you are looking for a team please go on there and post something about yourself that will explain what kind of team/idea you are looking for.

For more information about the competition please peruse our CSUF Business Plan Competition 2013 Supplement post, which has information on everything competition related.

As always, if you want to keep up-to-date please follow us in one or more of the following places:

  • Website – This is where all the original information can be found.
  • Facebook – This group will be important especially after the competition has started. This is one of the main ways we will communicate with you and for you to communicate with each other.
  • Twitter – Links to everything we do can be found here.
  • This blog – Great sources of information, like this post, can be found here.
  • Newsletter – This is our main source for direct communication with you. You should definitely sign up for this as we will provide you with timely updates on the competition.

Also, we will be using the hash tag #CSUFBizPlan2013 to identify all of our posts about the competition.

CSUF Student Entrepreneurs Place in National Business Consulting Competition

For the second year in a row the CSUF Entrepreneurship Program has had two teams place in the Top Three for a national competition and this is the twenty-first time that we have had a team place in the Top 10. This competition is hosted by the Small Business Institute every year and it brings together universities from all over the country in order to find out who has produced the best consulting projects in a variety of different categories. The professors for these two cases were John Bradley Jackson and Barbara Samara.

Entrepreneurship Professor John Bradley Jackson’s team placed third in the Undergraduate Specialized category and Professor Barbara Samara’s team placed third in the Graduate Comprehensive category. Professor Jackson, who is also the Director for the Center for Entrepreneurship, recently appeared in a video that explained the consulting process, which is below.

Professor Jackson’s undergraduate student team included Aaron Aslin, David Beltran, Michael Mose, Amanda Newton, Erica Riley and Jesus Vizcaino. Michael Sawitz, who also sponsors a major prize for the CSUF Entrepreneurship Program and is the owner of business incubator FastStart.studio, was this team’s mentor. Their client was biotechnology company Gantec, Inc., which is distributed by Naturally Good 4 You, LLC.

Professor Samara’s MBA student team included members Ojan Azizi, Kimberly Kam, Paula Martinez, Girina Pandit, Purvi (Nisha) Patel, Arisa Rodkumnord and Bill Wojciak. Their client was the Eddie Nash Foundation, which works to eliminate violence against kids and teens.

Please refer to our previous post about CSUF Business Consulting for more information about our student consulting program. If you have any questions, comments or if you are thinking about becoming a client of our program please send us an email to csufentrepreneurship@fullerton.edu.

Deadline to Sign Up for CSUF Business Plan Competition Looms

It’s looming now but the deadline will be perfectly clear this Friday, since the deadline to sign up is at 11:59pm that night. In an effort to get as many of you to sign up we are going to offer an award; here’s how it will work.

Currently, we have approximately 35 people signed up through TITANium for the competition. That’s great, much better than last year’s competition at this point in time, but we want to do better. So, in order to spur sign ups we are initiating a multi-tiered contest with awards given for each level contestants achieved.

  • For 50 CSUF Business Plan Competition signups we will award one (1) $25 Best Buy Gift Certificate to one (1) entrant at random.
  • For 80 CSUF Business Plan Competition signups we will award one (1) $25 Best Buy Gift Certificate to two (2) entrants at random.
  • For 105 CSUF Business Plan Competition signups we will award one (1) $25 Best Buy Gift Certificate to three (3) entrants at random.
  • For 125 CSUF Business Plan Competition signups we will award one (1) $25 gift certificate (either to Best Buy or Starbucks) to four (4) entrants at random.

Since TITANium is proving to be a bit of a problem we are going to make signing up easier. Just send an email to csufentrepreneurship@fullerton.edu asking to sign up for the Business Plan Competition and we will manually sign you up for the CSUF Business Plan Competition. Please

For more information about the CSUF Business Plan Competition 2013 please click here. Of particular interest to those who don’t know much about the CSUF Business Plan Competition 2013 would be the Handout that gives a lot of details about the competition. And remember, you can follow everything that is written online about the competition by following the hashtag #CSUFBizPlan2013.

Fine Print: This competition is only open to current CSUF students. By signing up you are agreeing to let us email you about the competition. Your personal information will be kept confidential. Each person can only win a maximum of one prize for this drawing. Winners will be picked at random using a random number generator. We will contact the winners in due time to schedule a pickup. The contest end date is subject to change without notice.

You Should Think like an Entrepreneur

Dr. Atul Teckchandani thinks it is a good idea for everyone to think like an entrepreneur. What do you think?

Entrepreneurship is not just a topic of interest for someone starting a business, it is a mindset. In fact, this mindset has been so crucial that I recommend that every college student should take at least one entrepreneurship course – regardless of whether they actually want to start a business or not.

Why? First, entrepreneurship programs are unique in that they are multidisciplinary in nature. All of the functional areas of business (e.g., strategy, finance, marketing, accounting, etc.) come together when discussing the process of launching new ventures. And it significantly enhances the learning experience. As an MBA student, I remember vividly how much I struggled to put together financial statements for a fictitious business despite having taken two graduate-level finance classes. Now, as an instructor, I see my students go through similar struggles as shift to examining things from a holistic perspective rather than a purely functional perspective. In today’s world, companies – large and small – must think and act entrepreneurial in order to stay competitive. As such, it is important for students to do the same so that they can help these companies succeed.

And secondly, entrepreneurship concepts can be applied to help individuals build successful careers. One book that does this especially well is “Business Model You.” This book explains how the business model canvas can be adapted to examine an individual’s career. The same sorts of principles that are used to examine and validate an organization’s business model can then be applied to this personal business model to help individuals find happiness and success in both their work and personal lives. Gone are the days when someone could start their career at a firm and remain there till retirement. Individuals must constantly evaluate their careers and figure out what changes need to be made to stay relevant and competitive in the workplace. This requires adopting an entrepreneurial mindset, and the best way to do so is to learn it before you start your professional careers: during your undergraduate education.

CSUF Entrepreneurship Program

The CSUF Entrepreneurship Program is one of the leading university-level entrepreneurship programs in the world (and one of the most unique as well). Our program includes six main classes: four classes require student teams to work on an actual consulting project for a local business and the other two classes require the students to develop and launch new ventures.

All of this entails a great deal of effort not only from the professors and staff in the CSUF Entrepreneurship Program but also from local businesses and our gracious volunteers, who are all professionals in entrepreneurial organizations. Any given semester our program will have:

  • 200 Undergraduate and MBA students in the program
  • 65 Mentors (Volunteers from business community)
  • 50 Consulting Projects
  • 8 Class Sections
  • 5 Professors

These consulting projects are what makes our program such a unique experience for our student entrepreneurs. Please watch the below video for a more in-depth explanation of our award winning consulting program.

Our program is not for the faint of heart but, rather, for that rare student entrepreneur who wants to prepare him/herself for the rigors of the entrepreneurial world. If you would like to become involved with or learn more about our exciting entrepreneurial program please click on the links below:

If you have any questions for us please send us an email at csufentrepreneurship@fullerton.edu.