Tuesday, June 5, 2012

Lew McMurran

Lewis McMurran is the VP of government and external affairs for the Washington Technology Industry Association. He is responsible for the WTIA's lobbying efforts and advocacy working with both federal and local governments. In 1986 to 1996 he worked for Household Financial as a lender. Later they were sold to HSBC until they went out of business. In 1997 he was the lobbyist for King county Council. He was in charge of the marketing and other events.He later was working with the trade associations with the unions from the companies. He also worked with Regence and Wells Fargo Health Insurance. Washington Technology Industry Association was founded as a 501-c6 in 1984 by a Washington state grant. It was there to help with the bus services, events and programs, and Advocate Lobbyist.

Monday, May 28, 2012

Jeff Goodwin

Jeff Goodwin was interested in being an entrepreneur since he was younger. When he was 17 he wanted to make money to help pay for college. He talked about how he was determined to pressure wash people's roofs to earn money, because companies were charging too much to have it done, but it was harder than just going out and doing it. Every time he went out to wash people's roofs they said no, so he didn't give up and he kept trying to get that yes. After finally getting that one yes, he started to get yeses from others in the neighborhood and collected enough money to buy his own pressure washer and pay for his first year of college. He went to Washington State University and received his degree in business with some focus on computer classes. After graduating he got a job at Boeing where he continued to go to school at night learning cobal, 4tran, and x86 assembly. While he was on his honeymoon in California he was offered a job as an assembly programer where he worked for a couple years, when he left to work for IBM. He continued to work for IBM for 5 years and during those years he started to show them ideas that he had for new business, which they did not back him up. He left IBM to start his own buiness in Austin, Texas building fixed price device drivers, where IBM became his customer. After doing this business for ten years he noticed that his company was growing, but he didn't have the mean to keep growing the way he was, so he decided to do a SWOT (strength, weaknesses, oportunities, and threat) analysis on his own business. After getting the results of the SWOT, he decided to sell his business and employees to CISCO. CISCO didn't know about this until Jeff sat in their lobby until they were ready to talk. He also signed a 4 year contract with CISCO to keep his project going. After 3 1/2 years he left and moved back to Washington to pursue yet another business opportunity, Lexbe.com where he overseed marketing. Goodwin is currently the president of Goodwin Attorney Services that is located in East Tacoma in the William M Factory business Incubator.

He did give ideas on starting a company and what to do to help with a company.
1) Start a company with about 5000.00 (he has started with Angel investments and then changed to Venture Capital later.
2) The closer you get to the customer, and the more you can understand their experience/problems, the more value your business will have.

Wednesday, May 23, 2012

Lynnette Claire

Lynnette ClaireLynnette Claire is and entrepreneur that likes to start companys. After graduating from University of California Davis in English, she worked for Horticulture Magazine. She decided not to move to Boston with Horticulture Magazine and move to Puget Sound area to work for Seafood Trade Magazine. Within six months she helped start the Simply Seafood Magazine. She later 'fell' into the business of association management and event planning. During this time she worked with small companies expand their networks. She helped co-found a tree care business and the 6th ave farmers market in Tacoma. After this Lynnette decided to go back to school to get her PHD in Entrepreneurship and then started teaching at University of Puget Sound, where she is still at today. While teaching she is also starting the Tacoma Entrepreneurship Network where her focus is on the economy through education and community of entrepreneurs in the local area. She works with the students and helps them with their ideas that they come up with for their own entrepreneurship, which one of them is the centsless.org social website for borrowing items from one another. She also discussed 'Networks 101' that inculuded two types of social networks, cohesive and structural holes networks. The cohesive network is great for quality of information and self-correction, while structural holes network is benefitted by new infromation.

Startup.com

Startup.com is a documentary of the GovWorks.gov company. This company existed during the .com fall outs. Even though there were more than two founders for GovWorks.gov, this documentary follows the life of the company and the relationship between two of the co-founders and CEO's, Kaleil Tuzman and Tom Herman, two high school friends. Kaleil was a great asset to the company because of his expertise in finance and was an investment banker at Goldman Sachs prior to GovWorks.gov. Tom was a great asset tot he company because of his technology specialties. During this film it showed how Kaleil and Tom both struggled with leadership issues, issues with competitors, and growth of the company. During these struggles the film showed how Kaleil fired Tom, companies information was stolen, and how the competitors started taking over the market and succeeded. During this whole time it showed how Kaleil was a good leader and that he can survive anything.

Wednesday, May 16, 2012

John Dimmer


John Dimmer grew up in Washington and graduated from Clover Park High School. Later he graduated from University of Oregon with a Finance degree. His dream was and still is to be a professional golfer. After graduation he went to work for Reliance Insurance working with bonds. He knew he wanted to be a business owner, so while working at Reliance he focused on learning all traits to become a great entrepreneur. In 1992 he was the manager for commercial surety bonds. In 1994 Dimmer founded Free Range Media that provided web services to companies. After retiring from Free Range Media he was bored and joined his father's finance company. In 1999 he became part owner of Airstream Dealerships, Stela Industrial Supply, and some of the Round Table Pizza franchises. He followed five steps to financing a business, for funding the businesses he starts. The five steps are the following:
Self Funding, Family and Friends, VISA or other credit cards for cash advanced, Angel Investors, and IPO (Initial Public Offerings). While meeting with our class John Dimer discussed Angel Investors, which will help othes become a business owner.

Ron Kornfeld

 
Ron Kornfeld started working in the early 1990's for MCI telecommunications, where he was exposed to the internet. At this time the internet was new and MCI kept it local and never took it public. After being at MCI he decided to start a business. Ron Kornfeld believes that when wanted to start a business you should start two to three businesses at a time. Since starting businesses he was founder of personal Grid, Dream Box, NimbleSource, Normandy Partners, Harmonetrix, Congnisoft, xl.io and XactLab. As an entrepreneur he believes that if you want to start a business you need to have a good business plan. He followes the Biz Plan Basic 5 steps for creating a business plan. These steps are: Identify your audience, Outline your business plan, Write your business plan, Review your business plan, and Update anything that is needed in your business plan. He explained that the business plan will help make sure that the idea you are doing is a good one and that it will be able to be follow through to a successfull business.
 

Tuesday, May 15, 2012

Bruce Kendall

Bruce Kendall is CEO of the Economic Development Board of Tacoma-Pierce County.
Bruce Kendall is the Chief Executive Officer of Economic Development Board of Tacoma-Pierce County. The Economic Development Board is funded by private and public funding. He works with the board to try to have small companys with at least 20 employees start up or at least keep their non-service business in Tacoma/Pierce County. He is working with the state and the local government to change the laws for making it easier for small businesses. The board is working on developing five core busnesses clusters within Pierce County. To help Pierce County become the beacon of other attractive companies looking for a place to start or move the board is watching the clean water, cyber security, aerospace, logistics, and medical sectors.
    

Monday, April 23, 2012

Brian Forth


Brian Forth is CEO of SiteCrafting. Brian came to our class to talk to us about his experience with his entrepreneurship ideas and what he has done in his journey. He has a double major, which include Theology and Philosophy. He also has a minor in Education. His dream was to be a filmmaker, but while in school he played baseball, which later played for Gonzaga where he was awarded the Pac 10 Player of the Week. With the minor in Education he began to teach 5th grade. During teaching he worked with students building websites, which helped give him the idea to start SiteCrafting business that creates websites for companies. One thing that I was very impressed about was that he creates web pages for any school that wants his help for free. The other application that he and his group has created that is very interesting is the mobile wine tour that will map out wine tasting places. This application can be downloaded for a small fee to your smart phone. Other things that he discussed were secrets to be a good entrepreneur, which were to take the risk, invest yourself into the project, trust your team, deliver more, make and keep bigger promises, and leverage your experience and your connections. Brian also mentioned somethings to think about with the Mobile and Web and they were that they had easy entry points; real business with real problems to solve; multiple platforms to support; quick updates, fixes, and testing; and play in your own sandbox when developing because if something goes wrong then you are only affecting your own area.

Technology That Differentiates my Business from my Competitors

The business I choose at this time for class is my NetBooks online book rentals. This is different because at this time there are only rental and buying places to get books from online. The only other competition is local libraries that you actually have to physically go to in order to get a book or any other type of media. So, my purposed entrepreneurship is to start a online book rental store called NetBooks that will be similar to Netflix. This will be a business that memberships will be sold and the member can check out books and have them shipped to their house, they also can check out ebooks that are available to read from a kindle or a laptop. The other difference is that the membership will have allowed amount to be checked out at a time and no late fees attached. Then if something isn't returned they will not be able to check out anymore items until they pay for ones that are lost, or they return the items. Membership fee is to be determined later with other laws and regulations.

Meaning of Entrepreneur

An entrepreneur is an owner or manager of a business. Many people want to start their own business and think that it means to have freedom, more leizure time, and they can just hire anyone to do the job for them, but that isn't the case. It takes someone that is hard working, willing to work long hours, and willing to take risks with not afraid of failing to be an entrepreneur. After reading more about how to start an entrepreneurship in class and on my own time, I have learned new ways on how to start it from the beginning. The first step for starting an entrepreneurship is to have ideas on what you want the business to be and have a business plan to follow. The one thing to remember is that after picking the idea is sticking to the plan and finishing it.

Erik Hanberg

On April 2, 2012 Erik came to our class to discuss what it is like to be an entrepreneur. He explained to  us that to be an entrepreneur someone has to like to work not just come up with the ideas, that it isn't easy, and it in't just a 9 to 5 job.  After graduating from college he started a non-profit theater, Horatio, which later failed. After the theater closing, Erik decided to help his wife with her business Mary Holsten Design, while taking him being an author seriously. He has since written 3 books: The Marinara Murders, The Saints Go Dying, The Little Book of Gold: Fundraising for Small (and Very Small) Nonprofits. These books are still selling and every month his ebook sales are rising, but not as rapidly as needed for a big profit, that he has now taken a position as Metro Park's Commissioner, while continuing to write.
After reading and learning about Erik, it has me thinking about being an entrepreneur. In the past my husband has started many different entrepreneurships with some lasting a short time and some longer, but it has given me a scared feeling of stability, so I never thought I would ever do it.

Tuesday, April 10, 2012

NetBooks

Open an online book library similar to Netflix for movies. Have them pay a monthly fee to check out books. Library's aren't being used much anymore because people don't want to go there, so make it easier for people to check out library books, without overdue charges. Limit their checkouts, so they can't just check books out and steal them, but if lost then have them pay for replacement. Allow checkout to be online for ebooks, and then for ones that are only in soft and hard cover have them mailed. When the customer is done reading it then they can mail the readings back and get new ones to read.

*****Change name of Buisness to "NetlineBooks"********

Tuesday, April 3, 2012

E-Cooking with Recipe Exchanges

To create a business with exchanging recipes I have thought of some creative ways to do this. Since I love to bake, cook, eat, and talk, I have decided this would be a great way to get people together. But by getting people together I mean on the internet. For this business it is going to be to allow people to upload recipes with video on showing how to make their own recipes. Then have a cooking together day. Where we all sign in and have the ability to video with each other for free and show others how to make something or just share cooking ideas and recipes with each other live. To make a little money, I will have a way to for me to provide cooking classes through this video chat for a small fee. I will then do video chat to teach someone how to make something special in the convenience of their own home. This will come in handy for people that don’t cook and can’t afford to go take out of the home classes on cooking. If a special day is coming up and someone want to make someone special something for the occasion, but they can’t cook and they don’t want to pay a lot of money or they are embarrassed to admit it, this would be done in his/her home and will be confidential.

Monday, April 2, 2012

Elderly Equipment Library System

My first and main business is to help the elderly. I feel that there is no aid for elderly in need for equipment to help them in everyday activities, unless they are very rich or very poor. My business is a non-profit organization to allow any elderly to check-out everyday equipment that they need to make their lives easier and allow other individuals to donate equipment. This equipment could be anything from crutches, walkers or bathtub chairs to wheelchairs. I had a plan to make it a store to come in to and keep it local, but since this class is having me think of a way to us the computer/business ideas, I have decided to have it as an online check out system for anyone in the United States to use. My plan is to create a World Wide Library System online with equipment I have available for checkout and then elderly people could go online, create a membership, and search for their item and check the item out. I will be allowing them to check out the items on month to month bases, like a city book library system. Allowing members to go on-line to their account and donate, renew, change personal information, request more equipment, or request return, etc. Once they checkout the item I will send it to them for them to use, which still needs planning. After they are done with the item and want to return it, I will send them a box, with paid postage, to send the item back for other future check outs.