TruckItNow at UA Innovation Day 2010
Earlier this year, my team at TruckItNow as part of The University of Arizona McGuire Entrepreneurship Program entered and competed in the 2010 UofA Innovation Day competition. We competed along with 30+ teams for “Best TradeShow Business Pitch,” “Best TradeShow Booth” and “Best Tradeshow Investor Presentation.” My team TruckItNow swept two of the three awards including “Best TradeShow Business Pitch” and “Best Tradeshow Investor Presentation.”
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TruckItNow Cannonball Run Challenge
Jarret has challenged me to place myself into the shoes of a truck driver for a week and drive 3,600 miles cross country and back in less than 7 days. Should I accept Jarret’s challenge and do the TruckItNow Cannonball Run?
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Filed under: Entrepreneurship,Life Experiences
How ‘NOT’ To Thank Your Customers
Last month, I recommended my blog readers emulate a company called Souplantation and Sweet Tomatoes for promoting their corporate message to their customers (click here to read my post if you missed it). This month, I share with you an example of how ‘NOT’ to communicate with your customers.
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Filed under: Business Management,Entrepreneurship,Life Experiences
Souplantation and Sweet Tomatoes Knows Promotion
I enjoy visiting new and different restaurants when the opportunity presents itself. If you friend me on Facebook by clicking here, you can compete with others by guessing ‘What’s for Dinner?’.
Today, I stopped to enjoy a Tucson, Arizona restaurant called Souplantations and Sweet Tomatoes. What I really liked about this restaurant besides the food (which was great) was how they integrated their message into the surroundings of your table.
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Filed under: Business Management,Entrepreneurship,Life Experiences
Convertible Notes or Equity? Decisions, Decisions!
Every entrepreneur faces the decision when starting a new company on whether to raise outside capital. If raising capital is the method you choose, you must then decide what type of investing vehicle to use: offer convertible notes or sell equity. Decisions, decisions!
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Filed under: Business Management,Entrepreneurship,Venture Capital
Does An Entrepreneur Need An M.B.A.?
When evaluating entrepreneurs for potential investments, Rick Burnes, founder of the VC firm Charles River Ventures, shared in the book The VC Way “it helps to look at the educational level a person has attained and the institutions he or she attended. It takes some determination to get through a demanding university.”
I began researching MBA programs shortly after completing my bachelors a little over 10 years ago. I knew I wanted to attend a demanding program if I got the opportunity because of the opinions held by many investors like Burnes. These opinions weren’t new to me because while raising capital for a previous start-up, I had been told by several investors that my lack of an MBA was a negative.
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Filed under: Business Management,Eller MBA,Entrepreneurship,Life Experiences
I Made YouTube’s Homepage
Jeff Bezos, founder of Amazon.com, had a huge inspiration on my life after I heard a speech he gave back at the turn of the century called “Regret Minimization Framework.” Earlier this year, an incoming MBA student asked me why I had decided to take a break from my entrepreneurship career and business to complete an MBA (I get that question quite a bit). I borrowed from Jeff Bezos framework saying “studying entrepreneurship and business at the masters level at a top tier entrepreneurship schools has always been a dream of mine. The point came in my life at 33 years of age when I knew I would reget not having done my MBA.”
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Filed under: Eller MBA,Life Experiences
Milton Friedman on Greed
My friend Pete Mittelholzer shared with me an historic video of Milton Friedman. Milton Friedman (1912-2006) in his book “Capitalism and Freedom” (1962) advocates minimizing the role of government in a free market as a means of creating political and social freedom.
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McGuire Entrepreneurship Team Redesigns Desert Angel’s Website
The McGuire Entrepreneurship Center team TruckItNow.com over the last 9 months has worked with one of the nation’s leading investment groups. Under the direction of McGuire Professor and Desert Angel Director Bob Morrison and his leadership team at the Desert Angels, the McGuire team has redesigned the legendary investment group’s website and helped them deploy the investment management system AngelSoft.
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Filed under: Eller MBA,Life Experiences,Venture Capital
Eller MBA and McGuire attend Private Equity Summit
Earlier this month, I joined a group of students from Eller MBA and McGuire Center for Entrepreneurship to the University Private Equity Summit held at the University of Utah located in Salt Lake City. Our goal was to learn about the important role private equity plays in nurturing entrepreneurship and growing businesses. Studies show that where you find healthy entrepreneurs and strong start-ups is where you will also find a healthy private equity market.
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Filed under: Eller MBA,Entrepreneurship,Life Experiences,Venture Capital
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Filed under: Eller MBA,Entrepreneurship,Life Experiences,Venture Capital