Economic Alchemy
Background
At a meeting with Jim Eiffert and Rod Hainje of the Indiana Venture Center I was invited to pass along notes that I had been collecting regarding entrepreneurship, my experience (in which I mention this) with the IVC and my thoughts about starting and running businesses generally.
This wiki is simply a place to dump those and other(s') ideas on entrepreneurship. Hopefully, the collection may someday be useful as a resource to the IVC, as grist for a book or course on entrepreneurship or simply as a place where entrepreneurs find a sympathetic ear for their personality disorder ;)
EDIT: 12-25-2012. I've just appointed Lady Gaga the official music personality of this wiki and entrepreneurship generally. She achieved this award for composing and performing the anthem to entrepreneurs: Born This Way.
Kim Brand
August 15, 2008
Indianapolis, Indiana
Links to several entrepreneurship resources can be found on my blog.
Top Five Things I wish I had known
Ad for 'Assistant Entrepreneur' I placed on Craigslist 8/22/2008.
Something about scale.
Other Resources
Demonstrate models: buildings, large scale markets, billions produced per year
Things entrepreneurs can do that nobody else can do.
10 Questions you need to answer before you start a business (not finished - but interesting.)
The lopsided bargain society makes with entrepreneurs.
My own Business Ownership Initiative curriculum . . . and materials for the Operations section of the Core Four course I'm teaching 5/24/2011
Here is my BOI Sales & Marketing presentation - developed with Jeff Bowe.
Here is the BOI Marketing Strategy
From a conversation with Adam re: business development 11-26-2008...
Necessary components of a business plan
1. Awareness strategy
2. Outrageous Value Proposition
3. Urgency
4. Allowance for mistakes
Chief requirements of an Entrepreneur:
1. Hope
2. Ambition
3. Education
4. Sales ability: selling employees, family, investors, vendors, customers
You are not supposed to be a 'Mother' - you are an 'Investor'
Best Entrepreneur Quotes
Madison Main Street Project speech
Presentation to Irvington Community Schools Career Day, May, 2011
It's no longer an elevator pitch, it's an elevator tweet.
BOI strategy 2013
And remember this from President Calvin Coolidge:
Nothing in the world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent.
Local entrepreneur does good: http://www.gounfunded.com/unfunded-book/
Man in the Arena Speech by Teddy Roosevelt
"It is not the critic who counts: not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself for a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
"Citizenship in a Republic,"
Speech at the Sorbonne, Paris, April 23, 1910
3D Printing Info
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