730_ Build an 'A' team, create a vision, build a culture for the long haul
Larry coralled Paul Jerde, CU-Boulder, Robert H. & Beverly A. Deming Center and Larry Jones the CEO of StarTek and Chairman of the Deming Board and asked them to share the three biggest strategies that they would recommend for entrepreneurs. Larry Jones said, "The first and foremost is picking your team. Picking the 'A' team, people you know well, who you think have the expertise whether it be technical, people, marketing & sales - but building the right team, and don't compromise. Second is create a vision and a passion. Yes, you have an idea, yes you have a view of whose going to buy your product, but turn that into a vision with a very big passion. And your life is going to be surrounded by this and therefore you're going to be singing this song over and over again to your employees, to your investors and to your customers. Make sure that that is a passionate message. " Listen for more great advice. Paul Jerde recommended, "I think the starting point is always for someone to do the best job they can of finding a passion, something that just personally they are very excited about, that they feel is important and worthwhile doing, and looking for opportunities based around that area of passion. Secondly, coupling that, wherever possible to emerging areas of opportunity. The great title waves of technology advancement and IT built a lot of wonderful careers. We talked in previous interviews about areas of energy, organics, healthy food, healthcare, bioscience, biomedical; as great examples, some of the world's greatest challenges. Clearly areas of great opportunity going forward." Paul also had more to offer. Listen for more and be ready to take notes...
Related Links: Deming Center || Technology Transfer Office || StarTek || Entrepreneur Channel || Mastering Change || Deming Center Event Photos 9/30/09 || Keywords: Paul Jerde, Larry Jones, CU TTO, Robert H. & Beverly Deming Center for Entrepreneurship, StarTek, Entrepreneurs, University of Colorado > Channel: Entrepreneurs > 5934083 bytes - 11/2/09 LISTEN




Dr. Paul Bauer, Clinical Professor, Daniels College of Business, DU and Chris Pelley, Managing Director, Capital Investment Management Group discuss this social entrepreneurship with Larry. Paul explained, "For me, it goes back to the Entrepreneur part of the equation. Like Einstein said, “We can’t solve the problems with the same thinking that we created them with.” Entrepreneurship is a mechanism that will allow us to address and make some real progress with the challenges we face today. The ‘social’ part for me says what we’re trying to do is create value wealth for the community, not just for the individual. I think business does that and I think business has a definite role to play in that. That’s why I think this is a topic that is very relevant to business today." Chris went on from there, "I come from the business entrepreneurship side of the equation, and yet we see a common path, a parallel direction, in terms of solving many of the world’s problems, whether it’s through business enterprise or social enterprise. My interpretation of their definition of social entrepreneurs is, 1.) It’s people who are going to use creative thinking in solving any problem. 2.) The notion of using real business principals and business drivers for the best results is also an important issue. 3.) Sustainability." Both Paul and Chris make some interesting observaations in Larry's book, Mastering Change. There's much more...listen now...
DU and Chris Pelley, Managing Director, Capital Investment Management Group discuss this special social entrepreneurship day with Larry. Author Chris Lowney offers leadership lessons from a 450-year-old company that grappled successfully with the same challenges that test great companies today: forging seamless multinational teams, motivating inspired performance, remaining “change ready” and strategically adaptable. They were asked, "How can Colorado carve its place as a world leader in this new realm? We can accomplish this mission by building an alliance of business, political, and academic leaders in Colorado. Our top schools already recognize the strength of social entrepreneurship and its potential to make a global impact." There will be a number of other high-profile guests including First Lady Jeannie Ritter, Lisa Nitze, Vice President, Ashoka: Innovators for the Public. After the Phipps Mansion it is then followed an ACG lunch program at the DAC...Then a special event at DU in the afternoon. The evening will be at Regis University. So this is the early stage of a real coalition in Colorado as I’ve labeled it ABCs, Academics, Business and Community.


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