Monthly Archives: March 2015

Insurance at a Startup with Jerry Conrey

We haven’t written nearly enough about all of the great things that are happening at the CSUF Startup Incubator. Every week we have a different speaker in to talk about their area of expertise, our residents are there launching their businesses, students are coming together to be innovative, and our alumni entrepreneurs have monthly meetings to help each other be better business owners. It’s frequently a lively scene!

Recently, Jerry Conrey, owner of Conrey Insurance Brokers and Risk Managers and mentor/donor to the Center for Entrepreneurship/CSUF Startup Incubator/SBI,  gave a talk about the importance of insurance to startups. As it turns out, new ventures need insurance just as much as any other business.

If you’ve been wondering about what are the different dangers that your startup should be insuring against then you should watch the video below. Some of the topics covered include:

  • Product liability
  • Errors and Omissions
  • General liability
  • Auto liability
  • And a ton of other areas

(Thanks to Gary Nouskajian from Mr. Conrey’s company for taking this video)

We have been hosting these events pretty much every week since the start of the CSUF Startup Incubator and we have no plans of slowing down anytime soon. If you are interested in attending any of our free events please take a look at all of the events we have (most are at the Incubator) HERE.

#CSUFEntrepreneur

More info on CSUF Center for Entrepreneurship: http://bit.ly/CSUFEntrepreneurship

#CSUFStartup

More info on CSUF Startup Incubator: http://bit.ly/csufstartup

Come join us at an event: http://bit.ly/CSUFEntrepreneurEvents

 

CSUF Business Consulting in Orange County Sparks Innovation

Charlesetta Medina helps business students

The Center for Entrepreneurship’s Small Business Institute has been at the forefront of innovation in the Orange County market for decades. Every year, we place student teams with local companies to help spur business innovation in marketing, sales, finance, operations, and leadership. These teams of mostly graduating seniors are paired with mentors from the private sector and their professors and they end up having a huge economic impact not only for the businesses that they do consulting projects for but for the region as well.

Recently, Ms. Charlesetta Medina, Manager with the Small Business Institute, was interviewed by the Daily Titan about how we’re able to help local businesses. Here is a taste of what was in the story:

The SBI is a national non-profit organization in its 39th year of business. The center is part of the 14 Centers of Excellence within the Steven G. Mihaylo College of Business and Economics and a program for entrepreneurship.

“We’re a very tiny center but we do make a huge economic impact,” Medina said. “So when you talk about the value for small businesses in our local economy, it’s key.”

That’s what’s really began to turn our economy, is the ability for those small businesses to have held on and still allow for new ones to emerge, Medina said.

Medina reaches out directly by mail to nearly 20,000 local businesses. Then she takes those responses and figures out, “is (SBI) a benefit to them.”

The students involved in SBI take on about 40 small businesses per semester and close to 100 businesses a year.

“They get to work in a team environment, with support and resources from the center, from mentors and from faculty,” Medina said. “And they’re able to bring that really fresh perspective to businesses, many of whom may have been in business for a number of years and they feel like they know their business very well.”

Yet, the generation of students now are able to bring new insight and a new perspective on how to do some of those same tasks, in new and innovative ways that helps that business, Medina said.

To read the rest of the story please click here.

Wouldn’t you like to have this kind of work done for your company? Maybe you know of a company that would benefit from our services. Either way, if you are interested in our services please contact Ms. Charlesetta Medina at 657 278 3464 or by email  at cymedina@fullerton.edu to find out more about our program.

Casting Call for the Investment Club

Are you an entrepreneur that has ever considered being on television? Well, then, you must read the following then:

The Casting Firm, Oxygen & FremantleMedia (American Idol, America’s Got Talent), along with a team of investors and self-made moguls, are on a nationwide search to discover the nation’s most brilliant entrepreneurs!
  • Do you have an innovative business concept, product, invention, or startup company – but you need financial backing and guidance to jumpstart your venture?
  • Does your product or business have potential to be the next million or billion-dollar idea?
  • Are you an aspiring entrepreneur with a brilliant new product line or concept but you need an angel investor to help get it off the ground or take it to the next level?
  • Most importantly – DO YOU WANT THE CHANCE TO QUIT YOUR DAY JOB AND PURSUE YOUR TRUE PASSION? 
“THE INVESTMENT CLUB” is an exciting new entrepreneurial series that will feature passionate millennials ready to make their mark in entrepreneurial history, give them the opportunity to pitch their concept to some of the country’s most successful business leaders, and showcase their company or product in front of millions!

If selected, our team of self-made moguls will mentor and guide you along the way!

Whether you have a start up, an operating business, or just a fantastic prototype and business plan, we want to hear from you!

PLEASE EMAIL THE FOLLOWING ASAP TO: Cherish Hamutoff at CastMe@TheCastingFirm.com
  • Full name 
  • Age (must be 18+)
  • Phone number & email address
  • City/State you live in
  • A brief description of your business or product
  • Photos and/or links to your product or business
  • A photo of yourself
  • Why do you think you’d be great for the show?
***All applicants must be legal US residents.

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CSUF Entrepreneur Society: Pauline Nguyen

Pauline Nguyen is the owner of online beauty boutique West Side Annex and a leader of the CSUF Entrepreneur Society

Pauline Nguyen is the owner of online beauty boutique West Side Annex and a leader of the CSUF Entrepreneur Society

The oldest entrepreneurship club at Cal State Fullerton is the Entrepreneur Society and they are doing an amazing series of posts featuring one of their student-entrepreneurs in each post called 10 for 10. One of the recent stories featured Pauline Nguyen, who has served as the club’s president and continues to be a leader for the Entrepreneur Society.

Pauline is the sole force behind an online beauty boutique called West Side Annex, which is an online retailer of fine accessories for free-spirited young women that Pauline tirelessly curates. This is no mean feat as it requires Pauline to manage the site, market her style in a crowded market, procure all of the merchandise, manage the finances of her company, and everything else.

Pauline has some poignant advice for others who are considering an entrepreneurial path:

It’s imperative to not be afraid of getting out there and putting forth the time and effort to achieve your goals.

At the Center for Entrepreneurship, we frequently have students come in seeking guidance about how to be a successful entrepreneur and what Pauline said is, in a nutshell, the crux of being a good entrepreneur. Part of it is having a good idea, a solid team, knowledge, and all the rest but what seems to separate the wheat from the chafe is tenacity; the tenacity to see an idea through to the end and being willing to outwork your competitors.

We are proud to say that we have worked closely with Pauline on many projects and knowing what her work ethic is like we know that you can learn a lot from her as an entrepreneur and as a person. For more information on what it takes to do what Pauline does please take a look at the Entrepreneur Society’s writeup on her venture.