Entrepreneurship Archives - Page 2 of 3 - Paul Allen - Keynote Speaker, Tech Visionary, Soar.com & Ancestry Founder

FundingUniverse Speedpitching Events: Raise Money for Your Startup

FundingUniverse.com now has about 1,000 angel investors in virtually every state. The company, which I helped found in early 2005, is holding its 5th speedpitching event today in Sandy, Utah. It has held events in 6 or more states and has plans to continue to expand.

I\’ve attended several of these events representing the small fund we have at Provo Labs, as a potential investor.

The coaching and practice sessions have been extremely helpful. Imagine trying to get your entire business plan onto a 1-page summary that will be distributed. And then imagine being forced to tell your story in 4 minutes. That\’s what all the entrepreneurs learn how to do.

After the 4 minute pitch, the investors get 3 minutes for Q&A. Then you go to the next table and give your pitch again. You do this 5 times before lunch, and then 5 times after lunch.

Business Students Launching Companies

I am in Rexburg, Idaho today at BYU-Idaho (formerly Ricks College). Yesterday I had the privilege of meeting Kim B. Clark, the president of the University, who until last year was the Dean of the Harvard Business School. The slogan at the university is \”Rethinking Education.\”

BYU-Idaho Entrepreneur Conference

I am excited to attend the BYU-Idaho Entrepreneur Conference this week, to help judge the entrepreneur of the year competition, and to talk to students there about entrepreneurship.

Business Week Top 25 Under 25

BusinessWeek.com is highlighting 25 of the best young entrepreneurs in the country on its web site this week.

One of the nominees is Utah\’s own Cammon Randle of Copperrain Productions. The company does \”promotions, training videos, and creative shorts \”. He is 25 and is a member of the Provo Labs Academy, along with his wife Lorri.

Provo Labs Academy is Heating Up

Okay, so our building on Ninth East in Provo is not quite finished and we still have a portable heater or two. But the energy level is definitely growing, and things are starting to heat up.

Today an article came out in the BYU Daily Universe about Provo Labs Academy. We are so excited to be so close to campus and to be getting noticed already.

Team Formation Summit for Worldhistory.com

Last year I wrote in Connect magazine that I would be trying a grand experiment in team building. I would be trying an idea I got from The Entrepreneur\’s Manual, a very popular book for entrepreneurs published in 1997. I would hold a 2-day retreat with a couple dozen executives to brainstorm, network, plan, and then vote on the Founders Team for Worldhistory.com.

Mark Cuban on Becoming a Billionaire

Last night I caught part of Big Idea with Donny Deutsch on cable. Donny was interviewing billionaire Mark Cuban, who is one of the smartest entrepreneurs I\’ve ever followed.

The best written article I\’ve seen about how Mark turned Broadcast.com into a multi-billion dollar company is the chapter in Net Entrepreneurs Only, published around 2000, to highlight a dozen or so successful online entrepreneurs. The work ethic that Mark and his partner Todd had back then is nicely described there. Mark talked about it again last night. He described a typical work day.

Company and Product Launch Events

Startup companies with finished products need publicity, media and blogger coverage, and analysts and reviewers to take note of what they are doing. They also often need investor interest. Since investors often flock to the same hot deals, it can be good to have a large number of investors exposed to your deal at the same time.

Some launch events give startups a chance to reach all these audiences at the same time.

DEMO is a semi-annual event that has featured pitches from some of the remarkable technology companies of our time. Investors and the media pay a lot of attention to the companies that get selected to present at DEMO. At every DEMO, conference organizer Chris Shipley chooses a number of DEMOgods that are worthy of special attention.

Advice from Shawn Nelson

Kelly Anderson blogged about her lunch visit with Shawn Nelson of LoveSac and his wife Tiffany who owns a shoe boutique at the Gateway in Salt Lake City. Shawn gave her advice about retail and brand building.

$31,000 in Prizes at BYU Student Entrepreneur of the Year Competition

Kevin Willeitner, one of my BYU Internet Marketing students asked me to blog this:

Student entrepreneurs now have their change to win a little money to put into their business. The Collegiate Entrepreneurs\’ Organization of BYU is now accepting applications for the 2006 Student Entrepreneur of the Year. So far, they are planning to give out a total of $31,000 to the winners with $12,500 going to first place. Contestant get prizes all the way down to 12th place, so the chances of winning something are quite good. Last years winner was Jayson Edwards of J-Dawg\’s (a small hot dog shack on the edge of the BYU campus.)

Here is the official BYU Student Entrepreneur of the Year website.

Category Archives: Entrepreneurship