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Crash course in funding http://www.paulgraham.com/startupfunding.html
(Prof Molly Jahn and Sector 67's Chris Meyer pitching Agricultural Innovation Prize, 2014)
This project is a resource letter to enable students to take advantage of campus, local, and national opportunities for entrepreneurship.
"Entendre" means to undertake. An entrepreneurial spirit seeks opportunity in all things. It is an attitude that can serve you well. Would you like to start your future now, or just maybe think about it later and coast? Make something now or wait until say graduate school or some postgraduate employment. You have the tools and resources you need to explore the notion of developing your OWN ideas and even starting and running your own company while at UW-Madison. Physicists and hardware makers have a special role to play. Let's get started.
Things your adviser never told you: Entrepreneurship’s role in physics education http://www.physicstoday.org/resource/1/phtoad/v66/i8/p42_s1
Being a tech geek is cool, I should know, I am one. http://www.theguardian.com/women-in-leadership/2013/oct/15/being-a-geek-is-cool-i-am-one
Millennials to the Rescue! Young entrepreneurs could save Madison's economy http://www.thedailypage.com/isthmus/article.php?article=40722
The Millennial Generation Research Review http://emerging.uschamber.com/MillennialsReport
Entrepreneurship and the U.S. Economy http://www.bls.gov/bdm/entrepreneurship/entrepreneurship.htm
Global Entrepreneurship Monitor http://www.gemconsortium.org/
The Future of the University and Public Research for the Entrepreneurial Age,by Carl J. Schramm President and Chief Executive Officer, Ewing Marion Kauffman Foundation, http://www.kauffman.org/Details.aspx?id=5758
Ideafests 2013 – Entrepreneurship and Innovation Competitions at UW-Madison https://www.facebook.com/pages/G-Steven-Burrill-Business-Plan-Competition/144000448900?ref=hl
Students sought to organize national Agricultural Innovation prize competition http://theweekly.wisc.edu/newsletter/achievements-the-weekly/new-post-for-badgers-in-the-world-the-weekly-15/?utm_source=September+2013+newsletter&utm_campaign=Newsletters&utm_medium=email
Elon Musk (PayPal, SpaceX, Tesla Motors) physics major, http://www.aps.org/publications/apsnews/201310/profiles.cfm, http://www.aps.org/careers/physicists/profiles/musk.cfm
Speakers at Y Combinator's Startup Schools (links to various entrepreneurs) http://startupschool.org/allspeakers.html
Millennials Have Their Own Definition of Entrepreneurship http://www.businessinsider.com/gen-ys-impact-on-the-future-of-work-2013-5
Microentrepreneurs May Be an Untapped Market for Product Design http://www.sciencedaily.com/releases/2013/08/130812121459.htm?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+sciencedaily+%28ScienceDaily%3A+Latest+Science+News%29
Garage Inventors http://www.studio360.org/2012/jan/27/garage-inventors/
Millennial Trains Project http://millennialtrain.co/
Make a mission statement
Don't worry; this is really easy. First be inspired by Dilbert http://search.dilbert.com/comic/Mission%20Statement and then use this handy tool: http://www.lotta.se/mission-statement-generator/?dummy_value=223852226
Ha, ha. Just kidding. According to some, vision/goal is an important prerequisite, lasting forever, offering mountains/missions along an endless road, surmounted by strategies and tactics. Others ditch the mission idea and just go for 'mantra' like "Absolutely, positively the next day" (Fedex) and for an exit strategy.
Face reality and plan to stay informed too
Innovation: Bridging the market gap http://www.nature.com.ezproxy.library.wisc.edu/news/innovation-bridging-the-market-gap-1.13778?WT.ec_id=NATURE-20130926#/b4
Proof of concept (actual proof) http://www.kauffman.org/advancing-innovation/proof-of-concept-centers.aspx
How to teach entrepreneurship - Community, Broad Appeal, Networking, Real World Curriculum) http://campustechnology.com/Articles/2013/10/16/How-to-Teach-Entrepreneurship.aspx?Page=1
No exit "the realization that your feeling of autonomy is a fantasy" http://www.wired.com/2014/04/no-exit/
Entrepreneurial spirit and stereotypes (Read past the title to the end. You need not be a misfit.)
Tools to someday understand http://www.foundersworkbench.com/
Look at what others are doing
Finalists at NCSU competitions: http://ei.ncsu.edu/egames/2013-finalist-semifinalist-teams/
Dragon innovation http://www.dragoninnovation.com/
Education Investor portfolios: Learn Capitol http://www.learncapital.com/portfolio/, New Schools Venture Fund http://www.newschools.org/ventures , Kapor Capital http://www.kaporcapital.com/view/portfolio/, New Markets Venture Partners http://www.newmarketsvp.com/portfolio/, Rethink Education http://rteducation.com/portfolio/
Begin to get started
Elevator pitch builder http://www.alumni.hbs.edu/careers/pitch/
Entrepreneurs toolkit http://witoolkit.com/
Getting started http://marriottschool.byu.edu/sitemap/?id=10994
Get involved in your local ecosystem http://southernalpha.com/the-feed/get-involved-in-your-citys-entrepreneur-ecosystem/
Dream Big America - Every Tuesday, three entrepreneurs will present their business ideas on the first-ever live radio show startup competition, and America votes for the winner. Listen and vote http://dreambigamerica.us/, http://www.kauffman.org/entrepreneurship/kauffman-foundation-partners-with-weekly-dream-big-america-live-radio-entrepreneur-competition.aspx
Founding by founders https://www.sequoiacap.com/grove/starting/founding
Crash course in funding http://www.paulgraham.com/startupfunding.html
Take an online course
Kauffman foundation http://www.kauffman.org/what-we-do/entrepreneurship
MIT OpenCourses beginning with Inventions and Patents
Who Owns The Icehouse http://whoownstheicehouse.com/video/
Yale Entrepreneurial Institute talks summaries http://yei.yale.edu/yei-resources
Stanford Innovation and Entrepreneurship Certificate http://create.stanford.edu/certificate.php, http://campustechnology.com/articles/2013/09/30/stanford-launches-online-innovation-and-entrepreneurship-course.aspx?=CTCLV
EPICENTER Online courses http://epicenter.stanford.edu/resource/epicenter-online-courses
Steve Blank's Lean Launchpad class and other resources http://steveblank.com/slides/
Get into University of Wisconsin-Madison classes and programs
The WARF UpStart Program for Minority and Women’s Entrepreneurship is designed to equip entrepreneurially minded women and minorities in the Madison area with the tools needed to launch or expand any business venture. http://www.warf.org/home/news-media/campus-programs/upstart/upstart.cmsx
New class offered in entrepreneurship for non-business majors
Arts Enterprise: Art as Business as Art http://artsenterprise.wisc.edu/class-spring-2013/
Entrepreneurial Residential Learning Community seminar http://www2.housing.wisc.edu/classes/docs/Fall2013/ERLC.pdf
Starting a Software Company, UW-Madison gets serious about supporting student software developers http://www.thedailypage.com/isthmus/article.php?article=38723
Representative Small Business Development Center class http://sbdc.wisc.edu/startup/etp/default.asp
Bolz Center and the Arts http://bus.wisc.edu/centers/bolz-center-for-arts-administration/research-special-projects
Plan on a business plan and plan on changing it
Arts Feasibility Study Challenge http://ei.ncsu.edu/wp-content/uploads/2013/04/Arts-Venture-Feasibility-Study-Template_Final.pdf
Sample business plans http://www.bplans.com/
Learn about patents and intellectual property
US Patent Office http://www.uspto.gov/inventors/patents.jsp
Free patents online http://www.freepatentsonline.com/
General information from WARF http://www.warf.org/home/for-uw-inventors/for-uw-inventors.cmsx
Industrial partnerships research agreement guide http://www.grad.wisc.edu/oip/RschAgreeGuide.html
Marketing is important
Learn from UW startups
Care to meet companies spun-off from University of Wisconsin? http://ww.bus.wisc.edu/insite/insite-census/
University Research Park tenants http://www.universityresearchpark.org/tenants/tenant_profiles/
WARF technologies http://www.warf.org/technologies.jsp
WARF Accelerator program pipeline http://www.warf.org/home/for-uw-inventors/accelerator-program/in-the-pipeline/in-the-pipeline.cmsx
Join a UW student organization
UW Madison Student Business Incubator http://uwmadsbi.com/
UW Collegiate Entrepreneurs Organization (CEO) http://www.uwceo.com/welcome-to-uw-madison-ceo/
UW Madison Transcend Engineering https://win.wisc.edu/organization/transcend/about
Entrepreneurial Residential Learning Community, a vibrant community of students that pursue all imaginable majors. http://www.housing.wisc.edu/erlc
Professional websites, student rates, a student start-up that supports campus entrepreneurs http://www.badgerinnovations.com/
Join National student organizations
University Innovation http://universityinnovation.org/wiki/Main_Page
University Innovation Fellows website: http://dreamdesigndeliver.org
Get familiar with campus opportunities and resources
https://sites.google.com/site/100hourchallenge2013/ - ERLC 100 hour challenge
http://http://innovation.wisc.edu/ - UW Innovation Days. Turn your idea in a cash prize winning proposal through Campus Innovation Days, the Qualcom Wireless innovation Prize, G. Steven Burrill Business Plan Competition, or Wisconsin Energy and Sustainability Challenge
http://www.engr.wisc.edu/entrepreneurship.html - UW Engineering programs in entrepreneurship
http://bus.wisc.edu/centers/weinert - UW business school program in entrepreneurship
http://bus.wisc.edu/bba/academics/majors/certificate-entrepreneurship - Certificate in Entrepreneurship
http://bus.wisc.edu/degrees-programs/non-business-majors/burrill-business-plan - UW business plan competition
http://bus.wisc.edu/degrees-programs/non-business-majors/wisconsin-entrepreneurial-bootcamp - Wisconsin Entrepreneurial Bootcamp
http://bus.wisc.edu/centers/insite - Initiative for Studies in Entrepreneurship. The INSITE ENTREPRENEURSHIP GUIDE link is http://bus.wisc.edu/~/media/Bus/K-E/Insite/INSITE-Decision-Guide-4-30-14.ashx
http://www.law.wisc.edu/academics/clinics/le/index.html - Law & Entrepreneurship Clinic, legal advice
http://wid.wisc.edu/programs/hzx/ - Hybrid Zone X, a Wisconsin Institute for Discovery innovation center
http://www.warf.org/about/index.jsp?cid=61&scid=129 - WARF Discovery Challenge
http://innovation.wisc.edu/sustainability/ - Wisconsin Energy and Sustainability Challenge
http://www.ms-biotech.wisc.edu/curriculum.cfm - UW Master of Science in Biotechnology program
http://artsenterprise.wisc.edu/resources/ - New Arts Enterprise Wisconsin
http://sbdc.wisc.edu/default.asp - UW Madison School of Business Small Business Development Center
https://contest.cs.wisc.edu/ - UW Madison Computer Sciences NEST Software contest
http://www.merlinmentors.org/ The Madison Entrepreneur Resource, Learning and Innovation Network (MERLIN) is a Madison-based corp of volunteers who have masterfully started and managed new ventures. These mentors use their skills, experience and enthusiasm to guide emerging entrepreneurs in early stage ventures to boost the potential of business success.
http://innovation.wisc.edu/tong/ Tong Prototype Prize
http://energy.wisc.edu/wienergychallenge SAGE Global Stewards Sustainability Prize, Submit a 4-5 page technical report outlining a new technology to advance sustainable and affordable energy. The winning idea receives up to $50,000.
UW Advocacy Consortium for Entrepreneurs http://today.wisc.edu/events/view/67280
Discovery to Product D2P http://d2p.wisc.edu/ Discovery to Product or D2P is a major new partnership between UW–Madison and the Wisconsin Alumni Research Foundation (WARF) focused on entrepreneurship and building on a long legacy of collaboration to move UW–Madison-inspired technology and innovation to market.
http://www.ocr.wisc.edu/resources-for-entrepreneurs-on-campus/ - Office of Corporate Relations Resources for Entrepreneurs
Check out off-campus local resources
http://www.gener8tor.com/portfolio/ - local accelerator with internships sponsoring 5 startups/yr (accept rate ~5/300)
http://www.caboosecoworking.com/?m=0 - local coworking hub for startups
http://www.cwd.org/business/commercial-space/madison-enterprise-center/ - Madison Enterprise Center is an office and light industrial business incubator that serves start-up and expanding small businesses.
http://www.madcelerator.com/ - local business accelerator
http://www.instituteforartsentrepreneurship.com/ - Institute for Arts Entrepreneurship
http://www.cvent.com/events/2013-wisconsin-entrepreneurs-conference/event-summary-234f1e5a7d2e451c98a369e3554b4b60.aspx - Wisconsin Entrepreneurs Conference 2013 in Middleton
http://www.artupweekend.org/, http://www.kickstarter.com/projects/94693526/artup-weekend-0 - Artup Weekend, arts startup weekend, Madison 26 July '13
http://www.amfam.com/dreambank/ Dreambank on Madison's Capitol Square
http://nibletz.com/2013/07/31/madison-entrepreneurs-civic-leaders-team-create-starting-block/ Starting Block, a proposed local incubation hub.
Opportunities and connections in Wisconsin and beyond
http://www.uww.edu/wisc/ Wisconsin Innovation Service Center
http://www.s.co/region/wisconsin Startup America
http://www.startupwisconsin.org/ Startup Wisconsin
http://www.wbiastate.org/ Wisconsin Business Incubation Association
http://bpc.mhwebstaging.com/ Wisconsin Governor's Business Plan Competition ($100,000)
http://www.linkedin.com/groups/Center-Technology-Commercialization-5026904?home=&gid=5026904&trk=anet_ug_hm, Center for Technology Commercialization
http://http://www.wisconsintechnologycouncil.com - Wisconsin Technology Council
http://inwisconsin.com/entrepreneurs-and-innovators/ - Wisconsin Economic Development Department, Division of Entrepreneurship and Innovation
http://www.wisconsinangelnetwork.com/ - Wisconsin Angel Network. See their extensive resources for entrepreneurs http://www.wisconsinangelnetwork.com/resources/entrepreneurs/
http://www.wisecurity.org/ - Wisconsin Security Research Consortium
http://wisconsintechnologycouncil.com/policy/BPC/ - Wisconsin Governor's Business Plan Contest
http://www.ideas2profits.org/ Ideas to Profits conference
http://www.soisourcelink.com/for-businesses/introduction - State of Ingenuity, links entrepreneurs to resources in southern WI and northern IL, http://www.soisourcelink.com/for-businesses/resource-library
http://www.scientistsolutions.com/default.aspx - Life science forum by scientists for scientists
http://i2c.calit2.net/ - Interdigital Innovation Challenge
http://www.sikorsky.com/vgn-ext-templating-SIK/ctrndr?vcmid=b474b8df91530410VgnVCM1000004f62529fRCRD&siteName=Sikorsky Sikorsky Innovations Launches a Transformed Entrepreneurial Challenge to Embrace Entrepreneurial Agility, http://www.sikorsky.com/EChallenge
http://www.hultprize.org/en/ Hult prize business competition
http://cep.mit.edu/ MIT Clean Energy Prize
http://www.cleanenergytrust.org/challenge/ Clean Energy Challenge
http://www.worldfoodprize.org/ World Food Prize
http://www.hbs.edu/newventurecompetition/business-track/Pages/default.aspx Harvard New Venture Competition
Learn about national organizations
National Collegiate Innovators and Inventors Alliance (NCIIA) The NCIIA's mission is "to support technology innovation and entrepreneurhisp in higher education to create experiential learning opportunities for students and successful, socially beneficial innovations and businesses." http://nciia.org
National Center for Engineering Pathways to Innovation (EPICENTER) http://epicenter.stanford.edu/
Small Business Innovation Research Programs (SBIR/STTR) www.sba.gov/sbir
U.S. Department of Energy Inventions and Innovations Program firstname.lastname@example.org
National Business Incubator Association resources for entrepreneurs http://nbia.org/resource_library/
University Business Incubator Index Global Top List 2013 http://ubiindex.com/global-top-list-2013/
Global internships http://www.globalexperiences.com/careers/business_internships.php
Do the right thing. That might be a B-corp or social entrepreneurship
"helping people in the world’s toughest places survive the crises they confront and turn them into opportunities" http://www.mercycorps.org/innovations
Crowd source funding is a new way to get started
Alumni finder: http://www.alumnifunder.com/
Startup accelerators and angels and venture capitalists can help you along
Y-Combinator, Mountainview CA http://ycombinator.com/faq.html
Techstars, Austin, Boston, Boulder, Chicago, London, NYC, Seattle http://www.techstars.com/ , http://www.inc.com/scott-gerber/david-tisch-nyc-techstars-how-to-launch-a-great-start-up.html
1776, Washington DC, http://1776dc.com/
1871 Chicago digital startup center http://www.1871.com/
Lightbank - a Chicago venture capital firm http://www.lightbank.com/
MIT accelerator rankings http://seedrankings.com/
South by Southwest ranking http://www.inc.com/will-yakowicz/the-15-best-startup-accelerators-in-the-us.html
Software and Information Industry Association (SIIA) competition http://siia.net/index.php?option=com_content&view=article&id=1085:innovation-incubator-program&catid=27:education-overview&Itemid=1114, http://siia.net/index.php?option=com_content&view=article&id=1096&Itemid=1134
Garage Technology Ventures offers a resource list http://www.garage.com/resources/. (OK, yes, I picked this one for the name...)
U. MI. list: http://www.cfe.umich.edu/competitions-conferences
Ideas and Entrepreneurship list: http://www.worth.com/index.php?option=com_content&view=article&id=2911
Really interested? Learn about entrepreneurship programs
Princeton review: http://www.princetonreview.com/undergraduate-entrepreneur.aspx
Entrepreneurs.com review: http://www.entrepreneur.com/topcolleges/undergrad/1.html
Social entrepreneurship: http://www.pbs.org/new-recruits/learn-more/where-to-study.html, http://www.pbs.org/new-recruits/the-companies/
Singularity University (NASA) http://singularityu.org/graduate-studies-program/
U. MI list: http://www.cfe.umich.edu/resources
Questions to ask in an interview
Easy-to-ask, revealing-to-answer questions for you to take with you to an interview:
1. What's the biggest change your group has gone through in the last year? Does your group feel like the tough times are over and things are getting better, or are things still pretty bleak? What's the plan to handle to either scenario?
2. If I get the job, how do I earn a "gold star" on my performance review? What are the key accomplishments you'd like to see in this role over the next year?
3. What's your (or my future boss') leadership style?
4. About which competitor are you most worried?
5. How does sales / operations / technology / marketing / finance work around here? (I.e., groups other than the one you're interviewing for.)
6. What type of people are successful here? What type of people are not?
7. What's one thing that's key to this company's success that somebody from outside the company wouldn't know about?
8. How did you get your start in this industry? Why do you stay?
9. What are your group's best and worst working relationships with other groups in the company? What are the pain points you have to deal with day-to-day?
10. What keeps you up at night? What's your biggest worry these days?
11. What's the timeline for making a decision on this position? When should I get back in touch with you?
12. These are tough economic times, and every position is precious when it comes to the budget. Why did you decide to hire somebody for this position instead of the many other roles / jobs you could have hired for? What about this position made you prioritize it over others?
13. What is your reward system? Is it a star system / team-oriented / equity-based / bonus-based / "attaboy!"-based? Why is that your reward system? What do you guys hope to get out of it, and what actually happens when you put it into practice? What are the positives and the negatives of your reward system? If you could change any one thing, what would it be?
14. What information is shared with the employees (revenues, costs, operating metrics)? Is this an "open book" shop, or do you play it closer to the vest? How is information shared? How do I get access to the information I need to be successful in this job?
15. If we are going to have a very successful year in 2015, what will that look like? What will we have done over the next 6 months to make it successful? How does this position help achieve those goals? (This question helps show your ability to look beyond today's duties to the future more than a year away.)
16. How does the company / my future boss do performance reviews? How do I make the most of the performance review process to ensure that I'm doing the best I can for the company?
17. What is the rhythm to the work around here? Is there a time of year that it's "all hands on deck" and we're pulling all-nighters, or is it pretty consistent throughout the year? How about during the week / month? Is it pretty evenly spread throughout the week / month, or are there crunch days?
18. What type of industry / functional / skills-based experience and background are you looking for in the person who will fill this position? What would the "perfect" candidate look like? How do you assess my experience in comparison? What gaps do you see?
19. What is your (or my future boss') hiring philosophy? Is it "hire the attitude / teach the skills" or are you primarily looking to add people with domain expertise first and foremost?
20. In my career, I've primarily enjoyed working with big / small / growing / independent / private / public / family-run companies. If that's the case, how successful will I be at your firm?
21. Who are the heroes at your company? What characteristics do the people who are most celebrated have in common with each other? Conversely, what are the characteristics that are common to the promising people you hired, but who then flamed out and failed or left? As I'm considering whether or not I'd be successful here, how should I think about the experiences of the heroes and of the flame-outs?
- Marc Cenedella email@example.com