Tag Archives: entrepreneurship

Adult and Teen Summer Program Starts Today

The summer entrepreneurship program starts today for adults and teens. This program will spend the whole summer walking students through the process of what it takes to start any kind of business. This is great for anyone looking for a summer project or needing the push to turn their idea into a reality.

The course is broken up into 5 parts with each section taking two weeks.

June 3rd and June 10th
Part 1 – The Basics of Business
The Basics of Business will cover simple terminology, different types of businesses, and the various ways they are created.

June 17th and June 24th
Part 2 – Creating a Brand or Product
Building a brand or product is the basis for running a business, here students will learn the direct relationship between their business, their product/service and their customers.

July 1st and July 8th
Part 3 – Putting a Business Together
Businesses only work if all the parts fit perfectly, so students will learn what parts they will need and what parts they won’t. This phase of the program students will start to fit all the pieces together and start selling their business idea.

July 15th and 22nd
Part 4 – Entering the Market
Everyone has a brilliant idea but that doesn’t mean everyone will race to buy it. In this phase students will enter their business idea into the market to learn how people react to it. Do they like it? Do they hate it? The feedback they get will help them to understand what changes need to be and how to go about doing that.

July 29th and Aug. 5th
Part 5 – Refining Your Business
Running a business that works requires constant change in order to keep up with the market. Students will learn in the last continuing phase that after they have their business up and running that they will forever be in this stage in order to keep up with competition.

 

Hope you can make it.

It’s important to know when to switch roles after the Startup Phase

Robert Moore learned the hard way of his role in his startup. In the beginning him and his partner played all the roles and for most startups that is exactly what you have to do. You play the salesman role, the public relations, and anything else. But one of the hardest things about being an entrepreneur is learning when to let go of certain roles and delegate to new hires.

Anyone who has played the one-man team in their first startup (myself included) knows that it is difficult to hire someone and let them control that area of the company. First time entrepreneurs want to be in control of everything because they don’t want to lose sight of what is happening in their company. This can create a lot of stress for new hires because they are being micromanaged by individuals who have trouble letting go of certain roles.

This is common in companies especially of people promoted who still feel the need to micromanage everyone under them so they know what is going on. This can create a lot of problems later on.

As Mr. Moore soon learned from hiring new people, he wouldn’t be able to keep up with all the information the new hires had. He was hiring people who knew more languages than he did and because of that he realized that he needed to let go of his main role as programmer and give it over to someone else more qualified to lead.

Letting Go
All entrepreneurs at someone point in their company learn that they can not be in all places at the same time. If they want to reduce the stress of knowing how their company is doing, they need to learn the next best skill and that is hiring the best talent they can get. Once you bring on people more talented than you then you will be able to focus on your role as executive in making sure everyone is working towards one goal. When you learn to let go and delegate then you can focus on bigger things but until you learn to let go it will be a difficult transition.

Read more about how Robert Handled his transition

Solar Powered Highways with Built-In Heat Pads & LED Lights

[Updated: 6/18/2014]
New Portion down below with updated links.

Now that solar powered panels are publicly available to anyone it’s not surprising the ideas that people come up with. Scott and Julie Brusaw came up with the idea of replacing asphalt roads with solar panels that have built-in heat and LED lights. Their idea has enabled them to create an indiegogo account to help raise funds for their project. Infact they have also received funding from the Federal Highway Administration. They have already built several prototypes to showcase how they work. Their hard work has paid off in ways they never imagined.

Designing a system to replace highways and roads and pretty much anything with asphalt has lots of opportunities for use. Schools will be able to change the configuration of any area into their choice of play or use. Roads will be able to display the lighted lanes and crosswalks with flashing announcements ahead of the driver for unexpected objects. Any place with roads will be able to display anything they want, even an emergency helipad for search and rescue operations because the LED lights allow for any display. This will help cut down on the use of paint on roads. In order to get a better idea of how they work, watch the video below.

The number of views on that video show just how interested people are in creating sustainable highways that pay for themselves. Roads and highways that don’t have to be salted or cleared every time it snows would save cities millions of dollars a year. Less accidents with drivers hitting animals because the LED lights would light up anytime an object appears on the road. The cost saving benefits are too much to pass up and this is why they were able to exceed their crowdfunding goal of $1 million dollars. You can watch their Indiegogo video below to see how you can be apart of this great idea.

Scott’s idea of creating solar panel highways is one that has taken a lifetime to unfold. His work is one that many consider to be quite the game changer in how we maintain our highways and because they use the internet to convey information, something only a hand-ful of cities have and not at the extent of Scott’s idea, they will be able to save lives and help drivers make better decisions. You can learn more about Scott’s idea at a TEDx talk he gave, down below are the two videos that make up his speech.

The video includes other ideas he has for solar panel highways. It is great to see though how much support he has gotten for his work and hopefully within the next twenty years we will start to see his idea come to life within cities.

If you want to become a part of this great project check out all the links down below.

George Takei gives his support
Make a Donation
Solar Roadways Website
Solar Roadways Twitter
TechCrunch News on Solar Roadways

Note for Entrepreneurs
In watching what Scott has created for himself you will notice that he took matters into his own hands by creating solar panels that have multiple uses. You will notice that he did not create a company to sell to investors just to get funding. He focused on his product and worked hard to showcase how it works on his property at home. This allowed him total freedom to do what he wanted with his product without any strings attached from corporate investors. You will notice that he took a piece of his land and built a foundation to demonstrate how he built it, how it works, and the many uses for it.

Entrepreneurs who are interested in building a product should focus on making it a reality first and make sure it works the way it is suppose to before trying to raise any money. People want to see first what it is suppose to do with a working model before donating. Once you have several examples, like Scott created with all his Youtube videos, then you can start putting together a campaign to raise funds. This will allow you to side step the need for Venture Capitalist’s, whose goal is only for their self interests in returning a profit for themselves, and focus on raising money from people who are only concerned about making sure your product and business take off.

The direction that Scott took has paid off because he was able to pass his goal of $1 million, thanks in part to George Takei’s tweet, which means he will now be able to put into production his product. Right now Scott will be working on changing the roads for national forest areas which will prove helpful with animal crossings and fallen trees and rocks.

The idea is to put in all the hard work first, which is something you cannot avoid, and make it a working model. Once you have that down, then you can start putting together a demonstration video and once you’ve done that you can start to build a social media campaign to help raise awareness.

If you have been keeping up with this blog then you know that for anything to really take off, there has to be some influencer in the social media world that will help get an idea off the ground, and in this case, it was Mr. Takei’s tweet that created the spark needed for Scott to reach his goal. Now if you do a search on solar panels and Scott you will see dozens of articles written about his work. As an Entrepreneur, it is your job to build it first and then do everything else after.

Updated Portion
This article, after writing it, became the most popular one on this site. Infact it has been viewed more times than all the other articles written on this site and for good reason. Scott’s idea has now taken off so far from his goal that he will be putting his dream into action by next year because the city of Sandpoint, Idaho has asked him to replace all of their city sidewalks, an airport tarmac, a welcome center parking lot, and Amtrak Station platform. Other cities from around the US and world have already invited him to speak about his idea and many have made offers for him to bring his idea to their city.

From a boy who played with electric race car tracks as a 6 year old who dreamed of making all roads electric he has now gotten the attention of many government officials and cities around the world looking to improve their road and highways with his idea.

If you want to learn more about his recent goals, offers, & new business strategy, click here

Here is Scott and his wife with Bill Nye at the White House for his work

Show your Support with Solar Roadways Support Twitter Account

What’s holding you back from starting something?

As an Entrepreneur you cannot keep saying that you plan to start a business someday and wake up and realize that 3 years have passed and you have nothing to show for it. It takes push and action to make something a reality. Wishing for something does not make it so, only action. If you just keep saying you will but never do it, then you will spend all your time with everyone else in the valley of dreams where nothing is real and only the wrinkles on your face are all you have to show for your time here on earth. Go on an adventure! It doesn’t have to be far at first, just a day trip somewhere. You might surprise yourself who you can be. Even if you have kids don’t use them as a handicap for holding you back, their not. They are some of your greatest inspiration. It will make them happy to see their parents reach their goal.

For these people below in the links they did just that and accomplished something they will remember for the rest of their lives. It’s easy to get caught up in our day-to-day life, always telling ourselves that one day we will go see the world. It’s not enough to think that a two week vacation somewhere means your cultured, it’s just the American way of seeing the world. But for these individuals, they did not let life stand in the way, they took charge and this is what they have to show for it.

Adventures from Around the World

This man quit his job and traveled the world and this is what he has to show for it

This guy took a semester of college courses on a cruise ship that went around the world

This guy used his GoPro camera to take awesome 360 degree selfies around the world

Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.”
– Mark Twain

How do Entrepreneurs stay motivated?

Starting a business is not enough to want to stay in the game. If there are no customers to buy your product it can get very discouraging to keep your business going. Check out this article and useful infograph from Entrepreneur.com. Don’t give up, many new business owners don’t see a true profit return until several months or years before seeing any kind of profit. Look at Amazon, it was years before any kind of profit came around.

Article

what-motivates-entrepreneurs-infographic

Have you made any of these mistakes in your startup?

When starting a new business, especially a technology company, it’s easy to get wrapped up in all the fun, but there are a few things you need to take care of before going full steam ahead. If you don’t manage these affairs first, you will only encounter problems later on.

Don’t commit these top 10 Legal Mistakes made by early stage entrepreneurs