Name: Erica Bush 

Startup sound bite: “It wasn’t so much that I sought to become an entrepreneur. When I was doing systems engineering at the bank, I was encountering the same problems and coming up with quick ‘band aid’ solutions. At first it didn’t dawn on me to dig deeper and see what the issue was, until my supervisor pointed out that you really have to get to the root of the problem to come up with a real solution. Now, in my life, when I see a problem, rather than a quick fix or a band aid, I try to come up with real solutions that are more long-term and lasting.”

Education: BS, Information Technology and Management, IIT School of Applied Technology, 2006

Business launch: Looking for a way to be more “green” and make better use of reusable shopping bags, Erica invented a product called Double Stax ^TM as part of her company Easy Simple Bags, LLC. The stackable, compact, reusable bin system allows shoppers to buy in bulk without having to remember to bring multiple reusable bags on each trip.

Inside track: Erica was invited to present her business idea to IIT Stuart’s Knapp Entrepreneurship Center Board of Advisors. After that presentation, board member Ronald Rashkow helped Erica connect with a company that helped her find a manufacturer for Double Stax ^TM.

Latest project: After participating in Walmart’s “Get on the Shelf” contest last year and being invited to apply to the ABC show “Shark Tank,” Erica is focusing on marketing her company and identifying stores that will sell Double Stax ^TM. The product is currently being considered for distribution through Menards stores and will be available at Farmer’s Markets and French Markets in the Chicagoland area this summer.

Erica welcomes any feedback on her product, and is particularly interested in marketing advice. Visit http://www.doublestax.com/ to learn more about her product and to connect with Erica.

Erica Bush didn’t plan on becoming an entrepreneur, much less an inventor. No stranger to hard work and persistence, Erica’s business idea developed the way many do — by looking for a real, long-term solution to a reoccurring problem.

Erica earned her bachelor’s degree from IIT in Information Technology Management part-time, while working full-time for IIT Chicago-Kent College of Law. “Working full-time and having a family, I could only go to school in the evening,” she notes. With three kids at home, Erica quickly learned how to make the most of her time, and finished her degree in less than two years.

In 2006, Erica accepted a position with Bank of America, where she was attracted to the idea of combining technology and investment banking. That position was the key to a new outlook, one that would ultimately lead Erica to her business idea.

“When I was doing systems engineering at the bank, I was encountering the same problems and coming up with quick ‘band aid’ solutions,” she remembers. “At first it didn’t dawn on me to dig deeper and see what the issue was, until my supervisor pointed out that you really have to get to the root of the problem to come up with a real solution. Now, in my life, when I see a problem, rather than a quick fix or a band aid, I try to come up with real solutions that are more long-term and lasting.”

Based on that outlook, Erica came up with a novel approach to a tougher-than-expected New Year’s resolution. After committing to use reusable shopping bags to be more “green” one year, she noticed she often forgot the bags, or wouldn’t have enough to contain purchases for her family of six. “I came up with this idea — what if you use fewer bags, and you can store them neater in the trunk of your car?” she says.

After searching extensively in stores and online for a product that would fit her needs, she started sketching out ideas in a notebook for developing the product herself. “I had this idea, but in the beginning I didn’t think it was anything that I was going to create, I was just searching for the product that I needed, and I couldn’t find anything,” she says.

Once it became clear that the right product didn’t exist yet, Erica reached out to a neighbor and friend who could sew, and over a couple of months of collaboration, the two developed the first prototype for Double Stax ^TM. In the meantime, Erica worked with an intellectual property attorney to develop a non-disclosure agreement (NDA), and was asking everyone she talked with to sign one just to be safe.

Once the initial prototype was created, Erica filed a provisional patent and started holding informal demo sessions in her home with friends and family. She would have them review the “description of invention” from her patent application, and then give her feedback on the actual prototype.

“I used that process for the formal patent that I filed later,” she says, “because that was really good feedback for me. When you’re filing a patent, you have to be so precise in your language, and getting that feedback from that process really helped.”

Once she had feedback on her prototype, she started searching for manufacturers. Erica reached out to the Small Business Administrations’ SCORE Association and was put in touch with a volunteer business counselor with a background in manufacturing. After spending 3-4 months looking for domestic manufacturers and sewing contractors trying to create additional prototypes, she stopped by a local manufacturing company called Plano Molding in Plano, IL on a whim. Knowing that the company made tackle boxes and craft storage containers, she took a chance and asked if they could create additional prototypes for her. Although the manufacturer’s price wasn’t one she would choose as part of her long-term business strategy, she was able to purchase 20 additional prototypes, making her search for a manufacturer a bit easier.

“I really felt like I was spinning my wheels a lot, because when you’re starting something new that you’ve never done before – there was a lot of self-doubt, I didn’t know if I was doing the right or wrong thing, but I felt like I needed to be doing something,” she says.

Around the same time, she had entered a contest through Walmart called “Get on the Shelf” for inventors. Armed with a YouTube video and her additional prototypes, Erica officially made her product public and lobbied everyone she had ever met to vote for her product in the competition.

One of those contacts, a former colleague at IIT, suggested that Erica contact IIT Stuart’s Knapp Entrepreneurship Center for additional support. Erica connected with Nik Rokop, and started the application process for the ABC show Shark Tank with his feedback.

Nik invited Erica, along with a group of student and alumni entrepreneurs, to pitch their business ideas to the IIT Stuart Knapp Center’s Board of Advisors for additional support. Erica presented the Board with her current challenge — finding a manufacturer who could work within her price point. Board member Ronald Rashkow, formerly of the Handy Andy retail chain and current founding principal at RPMS, Inc., put Erica in touch with a promotional products company called Konik & Company in Skokie, IL, in hopes that they could recommend some overseas manufacturers.

“What I’m learning is that people really will help you if they think you have a good idea, and if they like you,” says Erica. “This entire experience has been a process, and I am learning constantly.”

With Konik’s help, Erica secured a manufacturer in China, and in August 2012, she received her first product shipment. So far, her business has been completely self-funded. “I really feel like, before I can ask anyone for money, I need to know for certain that they’ll sell,” she says, and with the production process finalized, she is ready to answer that question.

This spring, Erica is negotiating with Menards to debut Double Stax ^TM in their stores, and she plans to participate in several Farmer’s Markets and French Markets throughout the Chicagoland area once they open. Her product will be available for $19.99, and is currently available for purchase on her website as well. Her main goal moving forward is to develop her marketing plan and continue to do market research.

Meanwhile, Erica still works full time with Bank of America and devotes a lot of energy to her family, but is hoping her company will eventually become her full-time career. “My company is called Easy Simple Bags, and what I’d like to do is offer easy simple solutions for your everyday life,” she says. “I hope that the Double Stax ^TM is just one of many products that will make your life easier and simple.”

Name: Matt Dabney

Startup sound bite: “There is no strict definition of an entrepreneur, so if you’re drawn to this industry but don’t think you fit the cookie-cutter mold, get rid of that mold. Put yourself in situations where you see how many times and ways the mold can be broken, because that’s what a lot of entrepreneurs are about — really making those connections and that outside of the box thinking.”

Education: BS, Business Administration, IIT Stuart School of Business, 2005

MS, Finance, IIT Stuart School of Business, 2007

MBA, University of Chicago – Booth School of Business, 2013

First business launch: As part of the University of Chicago’s New Venture Challenge (NVC), Matt worked with a team of fellow Booth MBA students to develop “Who’s In,” a platform that uses near-field communication to organize social outings and connect with your tangential network. The team made it to the semi-finals of NVC.

Inside track: Matt was accepted into the pilot Knapp Center Venture Accelerator Program at IIT, where he laid the groundwork for his current business, Swift Expo, LLC, and mentored other startups.

Latest project: Matt and his business partner Bob Gillespie have developed Swift Expo, LLC, a company that provides scheduling software to streamline event staffing logistics at conferences and trade shows. Key clients include Chicago Ideas Week, C2E2, and NYC’s Comic Con. Matt and Bob are finalizing details for a merger with a similar company to provide more robust conference and trade show services.

For Matt Dabney, identifying “personal pain points” has proven to be a useful strategy for business development.

His first company, “Who’s In,” was born from a conversation about the shortcomings with Bump Technologies. Matt’s suggestion was to use near-field communication to organize social outings and connect with the user’s tangential network. His classmates at the Booth School of Business jumped on the idea, and the team took “Who’s In” to the semi-final round of the Booth New Venture Challenge.

A couple years later, while working at conferences and trade shows, including Chicago Ideas Week and Comic Con, Matt noticed another pain point, this time with the crew scheduling process. “They were all still doing this manually,” he said. “I was dealing with two of the biggest names and a lot of the biggest pockets in the conference and trade show industry. If they hadn’t found a better way, I was going to make one.”

In December 2011, Matt pitched his solution — using only PowerPoint —to coordinators at Reed Expos, the fourth largest in company in the industry. His goal was to determine whether or not conferences would budget for this type of scheduling tool.

One week later, Matt had a budget and his first paying client.

Not too long after that, Matt entered the inaugural group of entrepreneurs in the Knapp Center Venture Accelerator Program at IIT, where he focused on developing his company, Swift Expo, LLC, and worked with a fellow IIT alumnus on developing the software prototype. Along the way, Matt used his connections as a conference volunteer to bring on additional clients.

At the Chicago Comic and Entertainment Expo (C2E2) conference in April 2012, the software platform made a strong debut, reducing 120 hours of crew management time to only 8 hours of work with a 96% satisfaction rate among the show’s crew. A second generation version of the software was used for Chicago Ideas Week and NYC’s Comic Con in October 2012, and after doing several smaller shows and conventions, Matt had six clients.

As the business grew, Matt was focused on the scalability of his platform, and partnered with his friend and mentor from Chicago Booth, Bob Gillespie to further develop his business. A big part of their successful partnership is their perspective that entrepreneurial ventures don’t always have to be instant “homeruns.”

Matt comments, “The startup community is perpetually looking for homeruns. We’re looking for the next super-big thing, instead of focusing on how we can make doubles or triples all day long. How can we consistently build a lot of really healthy companies and make them successful, rather than asking ‘Will this one be a billion dollar company or will it fail?’.”

The team now works out of 1871, where they’ve spent the past few months identifying next steps for the business. In early 2013, drawing on contacts made through Technori and 1871, they announced plans to merge with another conference and tradeshow software company to provide even more robust services for event attendees and crew.

As his business evolves, Matt plans to continue mentoring other entrepreneurs and startup businesses. He returns often to IIT, where he was the first graduate of IIT Stuart’s undergraduate business program, participated in the Kaplan Fellows Entrepreneurial Studies Scholar program, and earned his MS in Finance in 2007.

Incidentally, early in his career, it was a connection with IIT alumnus and Chicago business leader Robert (Bob) Pritzker that led to Matt’s first employment out of college. After working both in supply chain management and business development in two of Pritzker’s companies, Matt affirmed his desire to pursue an entrepreneurial career path. “I realized that, if I’m going to be spending 40+ hours a week at something, I really want to love it,” he says. “Even if it’s kind of an income sacrifice to do it, that’s important to me.” Matt credits this connection as one of his life-changing experiences.

As he continues to explore new startup ventures, Matt ultimately hopes to start his own incubator in the long-term. “The homerun every time doesn’t fit for me,” he says. “I want to start something that makes it easy for good companies to get better.”

In the meantime, he encourages budding entrepreneurs to change some of their perspectives, both on what it means to fail, and on what traditionally makes an entrepreneur successful. “Every entrepreneur that I’ve met – and I guess now, myself included — defines failure differently than other people do,” he says. “It’s not a matter of, ‘I did this wrong,’ it’s a matter of ‘How do I do it better next time?’”

“There is no strict definition of an entrepreneur,” he adds, “so if you’re drawn to this industry but don’t think you fit the cookie-cutter mold, get rid of that mold. Put yourself in situations where you see how many times and ways the mold can be broken, because that’s what a lot of entrepreneurs are about — really making those connections and that outside of the box thinking.”

Interested in learning more about SwiftExpo, LLC, or Matt’s advice for startups? Matt welcomes students, alumni and fellow entrepreneurs to connect via email at matt@swiftexpo.com.

Name: Alex Uribe

Startup sound bite: “My Zen moment is when I’m with my team, we’re brainstorming, and we’re actually working toward creating something. To me, saying  ‘Let’s build this’ — and to have the people to do it, has to be one of the neatest experiences ever.”

Education: AA, Philosophy, and AS, Business Administration, Miami Dade College

BS, Business Administration, IIT Stuart School of Business (2014 expected)

First business launch: After working for the Apple Store in Miami, FL, for three years, some of his regular customers suggested that he consult. In 2009, Alex founded an organization that is now Five Three, Inc., offering tech services including network deployments, data storage, and web development.

Inside track: Alex landed an internship with1871 this spring with the help of Nik Rokop from the IIT Entrepreneurship Academy, and connects with other entrepreneurs at guest speaker programs through the Knapp Entrepreneurship Center.

Latest project: Alex and his team at Five Three have recently founded a new company, Zeppla, Inc., and are developing a platform for food trucks. Since everyone working on the project is a full-time student, programming and development is happening on weekends and academic breaks.

He can’t pinpoint a specific moment when he became an entrepreneur, but Alex Uribe’s first business opportunity presented itself while at his first job, working at an Apple Store in Miami, Florida. He started a little more than a year before the first iPhone was released, while still in high school. Alex says he wore many hats at the time — doing everything from basic repairs to hosting workshops and one-to-one sessions for the store’s customers.

To his surprise, Apple’s customers would soon become some of Alex’s first business clients.

By 2009, in addition to working for Apple, Alex was also pursuing an associate’s degree at Miami Dade College, where he was elected student body president of the Wolfson campus. After three years in retail, Alex put in his notice with Apple to focus on his education and student government.

Some of the regular Apple customers were hoping to keep working with Alex, however.

“A lot of them would ask, ‘Would you want to consult outside of the store?’” says Alex, who admitted the idea seemed interesting. “I formed many strong relationships with customers, and so consulting came very natural after I left Apple.”

As the demand for his consulting services grew— from network maintenance to data storage, and then to web development — Alex assembled a team of programmers and designers, and his business evolved into a company now known as Five Three, Inc.

While still consulting, Alex learned about Illinois Institute of Technology and Stuart School of Business. “I was studying business, but I wanted to be in an environment where there were lots of engineers and computer scientists who I could communicate with and work with,” he says. After hearing about IIT from a former classmate who had recently transferred, Alex applied and was admitted in August 2012.

Now, in his second semester as a full-time IIT student with a company still based in Miami, Alex has made arrangements to keep Five Three, Inc. running smoothly. This means starting his day at 4:00 or 5:00 a.m. with consulting work, followed by a packed schedule of classes, studying, part-time work, and student activities — including the IIT Rock Climbing Club. “While I was in Miami, it was a similar type of chaos,” he says, adding that he strives for a work/life balance in the evenings.

A full schedule doesn’t keep him from jumping on new opportunities, though.

At IIT Stuart, Alex takes advantage of programs from the Knapp Entrepreneurship Center and the IIT Entrepreneurship Academy, including guest speaker presentations. Alex says that, as an entry-level entrepreneur, he learns a lot from these programs. “To be able to sit in a room and hear from CEOs — I see these people who are serial entrepreneurs in their 40s and 50s who have made million dollar companies, and I think it’s amazing to hear what they have to say. They have incredible insight.”

Most recently, Alex worked with Nik Rokop, managing director of IIT’s Entrepreneurship Academy and Knapp Entrepreneurship Center, to land an internship at 1871 in Chicago this semester.

Now, Alex and his partners at Five Three, Inc. are developing their next venture — Zeppla, Inc. — which will provide a platform for food truck vendors based on an idea from one of Five Three’s clients. The team has been able to fund Zeppla with their personal consulting income, while working on programming during academic breaks. “It’s just an excellent project that we’re working on as a team, developing software that these trucks will be using,” says Alex, “and whether or not it’s huge — as soon as a truck is willing to pay us to use our software, we will be happy with where we’ve gotten, to be honest.”

As Zeppla gets closer to launch, it’s clear that entrepreneurship will continue as a theme in Alex’s life. “My Zen moment is when I’m with my team, we’re brainstorming, and we’re actually working toward creating something. To me, saying  ‘Let’s build this’ — and to have the people to do it, has to be one of the neatest experiences ever.”

Alex has summarized his advice for new entrepreneurs before, but his overarching key to success is seizing opportunities. “I’m good at recognizing opportunities and trying to take as many of them as possible, and it hasn’t failed me yet,” he says.

Well, first you need to be invited! It is, after all, an honor. Should you accept, or as the comedian Groucho Marx famously said: “I don’t care to belong to any club that will have me as a member.”?

Already a member? Step up and be a leader! Reply to this message and we’ll put you on the list to join a meeting that will determine the leadership of the Sigma Nu Tau Chapter at IIT!

Any club will be as meaningful to you as you make it. You can be a silent member, basking in the glow of others’ achievements. Or, you can take a leadership role, and create a valuable experience for yourself and others. Take SNT for example. One way to honor entrepreneurs is to hold an annual event, recognizing the achievements of entrepreneurs. Which entrepreneurs? IIT students, faculty, staff, alumni and prospective students.

Who gets to choose these honorees, and what is the process? What are the criteria? Well, that’s what YOU, as a leader of this organization, can help determine. Imagine, not only having the opportunity to research these amazing people, but interview them, meet them, and be with them on the same stage?

OK, what do you think of joining now? Nominate yourself (see eligibility: http://sigmanutau.org/prospective-members/) or a friend/colleague.

Nik Rokop

Managing Director

IIT Entrepreneurship Academy

I’ve had a few people who come through 1871 and wonder what it’s like behind the glass wall. Is it just ping-pong all day, with free pizza and beer thrown in to mix things up? Are we all running around “collaborating” with each other while coding through the night working on the new-new thing?

The truth is, in some ways it’s a lot like any other work environment. Sure, the hours are a lot more flexible, and I don’t think anyone really does a startup unless they are truly passionate about the problems they are solving – but we’re all in here trying to thrill our clients, bring in more of them, and make most importantly make this one of best places to work in the country. Probably sounds a little bit like your day at work too?

What makes 1871 different than every other co-working or entrepreneurship facility is the people that are here. The entrepreneurs are incredibly gifted and the “community” (a catch-all word that includes the mentors, investors, and the rest of the ecosystem) is deep and incredibly generous with time and resources. You can easily walk through the lobby and brush shoulders with Stuart Larkins, Sam Yagan, Troy Henikoff, Gen Theirs, and Chuck Templeton. If you don’t recognize those names – go Google them. They will all say hi, ask about your business and see how they can help.

Being here, constantly interacting with top-caliber individuals forces me to raise my game to a whole different level, and the result can be incredibly valuable. Here’s an example of that in action:

Last week I was offered a last-second invitation to present to the Association of National Advertisers while they were meeting at 1871.  That’s awesome in-and-of-itself, exactly the type of value-add that only comes from being in the Midwest’s hottest innovation space. Because I was a last second inclusion, I didn’t have any time to put together a formal demo – and thanks to AV issues I wasn’t able to even show our visual demonstration. The challenge provided an opportunity, as I came up with a new spin on our value proposition in realtime. In front of the nodding audience, I told them:

“If the projector was working, I’d basically show you the perfect email – which is what we help our clients send. How do we know it’s perfect? Easy – we have open and conversion rates that are 2-5x what our clients usually send and they generate a lot more revenue than the industry standard. What makes it perfect – three key things:

1)   A professional, clean, visually appealing style

2)   Personalization and data driven optimization on every element of the email, from the time of day to the subject line and especially the content in the form of personalized product recommendations

3)   It’s generated automatically, so it doesn’t take hours or days to put together. You set it up one once, and forget about it while it generates revenue for you”

Lo and behold, the messaging resonated – these professional marketing leaders seemed to really get what I was saying. Next step, validate the marketing strategy with a number of fellow entrepreneurs and start updating the marketing collateral. Thankfully, 1871 is full of people who can help me with all of those things as well – so you can probably imagine what my next day in the office was like!

ABOUT THE AUTHOR:

Erik Severinghaus, Founder & CEO,
SimpleRelevance

Erik is a Chicago-based serial Entrepreneur, Intrapreneur, and business leader who is an avid mountain climber, water polo player, ironman triathlete, skier and adventure seeker. He is currently finishing up his MBA in Entrepreneurship at Kellogg School of Business.

As a student at the University of North Carolina, he was part of the founding team for iContact (a leader in email marketing), started and operated MainBrain, a K-12 education software infrastructure company, and helped run a small consulting firm.

After college, Erik took a consulting job at IBM and in six years rose to a position as a Partner in IBM’s IT Optimization Practice. Some of the highlights at IBM include bringing new products to market and acquiring a patent on fundamental cloud computing algorithm.

An entrepreneur at heart, Erik left IBM to return to building startups in April of 2011.

ABOUT SIMPLERELEVANCE:

SimpleRelevance makes it incredibly easy for marketers to personalize web communications to their customers. Our technology uses data from across the web to analyze both your customers and your products, resulting in product recommendations that will increase conversion rates.

It’s simple. So simple, that within hours of receiving a list of customer emails we’ll have you armed with recommendations that will blow your mind.

Starting and growing a business is really tough. My co-founder wrote an entire blog post on this topic. Fortunately for us, we are building our business in the greatest and most supportive city in the world. Chicago has a strong community of mentors, advisors, investors and entrepreneurs who we can go to for almost anything. One of the greatest, most underappreciated and underutilized resources is the Illinois Institute of Technology (IIT).

Our relationship with IIT is still young, but we have been amazed by how helpful the faculty and students have been. Let me give you a couple examples to show you what I mean. First, we are proud clients of the IIT Chicago-Kent College of Law Entrepreneurial Law Clinic. Initially, we saw significant value by working with the Clinic as opposed to another law firm – same quality work for a fraction of the cost. As finance guys, this made sense. What we have found, though, is that it’s not this simple. Heather Harper, the Supervising Attorney, has spent an unbelievable amount of time understanding our business and making thoughtful recommendations. Time and time again, we have been overly impressed by the quality of work that Heather and her students provide. The level of service is incredible too – we’ve had countless phone conversations in which Heather has taken the time to educate us and explain things to us. The relationship hasn’t stopped at the legal work, though. Heather has introduced us to dozens of people within the startup community. Laurence and I frequently talk about how lucky we’ve been since founding Rentalutions. The reason we feel so fortunate is because we have such strong relationships with so many people who care about our business and about helping us.

One of the people Heather introduced us to was Nik Rokop, Managing Director of the Knapp Entrepreneurship Center. We initially met Nik at a charity event, but later had the opportunity to sit down with him during office hours at 1871. Nik spent time with us thoroughly discussing and analyzing our business. He asked thought provoking questions and challenged us to think about our business creatively. This sort of advice is extremely valuable to any young company. As entrepreneurs, we are immersed in our business every day. We absolutely love our business and believe that what we are building will be a hit with customers. Meetings like the one we had with Nik challenge us and force us to think about how outsiders perceive our company. The help didn’t stop there, as Nik encouraged us to meet with several of his contacts who he believed would be helpful to us. One of these connections is with another individual from IIT – an accounting professor who has offered to test our product and provide feedback. Nik also sent us several scholarly papers on behavioral economics he believes will benefit us.

I cannot say enough about the support that IIT provides to entrepreneurs in Chicago. I believe that everyone starting a business should seek to connect with IIT in some way.

About Rentalutions
Rentalutions is an online property management platform that helps landlords and property managers easily manage their residential rental units throughout the rental cycle. The Company aims to help users save time, save money and lower risks. The Rentalutions platform helps with everything from finding and screening tenants, creating custom lease agreements, processing security deposit and rent payments, tracking maintenance requests and preparing financial reports. The Company was founded by Ryan Coon and Laurence Jankelow in April 2012.

For more information on the Company, please check out the website or email the founders at founders@rentalutions.com.

Ryan M. Coon
Co-Founder, Rentalutions
(847) 772-7202
ryan@rentalutions.com

I often get asked the question, “How did you get started with Light Up Africa (LUA)?”  I wish I had some profound answer like I was standing on my head waiting for the stars to align while meditating; only to awake the next day Founder of Light Up Africa Inc. This was not the case.  You see, to see someone who stands with nothing appear to have everything is what drives me to Africa every year.  It drives me so much to my core that when I look back on my childhood, the answer for why and how I started LUA is clear.

When I was a kid, all I wanted to do was be old, but not for the reasons you may be thinking.  You see as a kid, all of my heroes were old.  My Parents, Mother Theresa, and Nelson Mandela.  As a kid I thought in order to change the world you had to be old, you had to be wise, and maybe even have super powers-I didn’t know.  All that I knew was I had to get old, fast.

As a kid, I immersed myself in volunteering.  I surrounded myself with those who at the time, “society” deemed unfit to interact with-to learn from.  At a young age I learned the value of “social interaction,” not “social acceptance.”

I learned that as kids, the circles we cling to so often transform our lives and as we grow older these circles slowly become dots.  Limiting us. Closing our eyes to the ever-changing current of global issues like “Light Poverty.”  Eventually, it becomes these dots that disconnect us from a world that is rapidly speeding by. Leaving communities, countries, and entire populations in “the dark.”

Global Poverty: Food Poverty, Water Poverty, and Light Poverty impact life in a way many of us in the developed world will never have experience dealing with.  Ask yourself, “When was the last time I had to go without electricity for a day, or walk two hours each way to get water?”  How did that impact your life?  Now imagine going one day, one month, or your entire life without access to electricity.  That is how life is for 70% of Kenyans, over 500,000,000 Africans and nearly 1,500,000,000 people all over the world.  This is the reason why LUA was created.

At LUA we are developing a product that harnesses energy from movement.  The Zoom Box offers an exciting new platform outside of conventional solar, wind, and hydro.  It can harness and store the energy of cattle and livestock, be attached to bicycle taxis and motorbikes, as well as be used by fishermen on boats.  The Zoom Box then converts this kinetic energy into electrical energy.  This energy can be used to allow children to study by an LED lighting system inside the box for up to 8 hours a night or charge a cellphone.  The opportunities are endless.

LUA’s mission to improve the quality of the life of the poor while making the world a more sustainable place, by bringing affordable and reliable technologies to the developing world.  LUA is so much more than a company aimed at addressing and ending “Light Poverty.”  We realize that the Zoom Box will not solve Kenyan’s electricity crisis, but very may well be the necessary catalyst needed to spark change on a macro level.

Be bold, be unreasonable.

“Tackling global issues does not begin or end at a single point or with a countdown, but rather with the combined efforts of those so close to the problem, it no longer becomes a matter of choice in doing the right thing-but a way of life.”

AWH

Founder & CEO Light Up Africa Inc.

alanhurt@lightup-africa.org

Entrepreneurship rewards the faithful well. For those who build a relevant business that satisfies customer wants, the business owner gains a bountiful income and satisfaction of control that escapes most who punch a clock for a living. Many people try entrepreneurship for different reasons, that’s not as important to me for this post as how people go about it.

Used to be, people would apprentice to learn a craft. A system that took root in the Middle Ages in Europe, many European countries continue with some formal forms of apprenticeships designed to place young people into gainful employment. In the US, other than internships and certain union programs, apprenticeships have disappeared other than perhaps medical professionals. Internships and residencies for MDs may be the last bastion of professional craft training.

Today, entrepreneurs dive into a startup, with little preparation, no idea, and no practice. Same entrepreneurs are baffled why they don’t gain support, earn investment, and ultimately fail. If there’s a lack of opportunity to apprentice, then create your own opportunities to practice. Open a lemonade stand.

Entrepreneurs are all over the world – they are characterized by the individuals with ideas and visions, and a willingness to take risks for something they believe in.

As a young entrepreneur exploring the web and mobile technology sector, I’ve been asked to provide three points of advice for a newbie in tech. But note, I believe a huge part of being an entrepreneur involves a period of trial and error in order to find what works for you; I am always hesitant of one-size-fits all models. That being said, I hope these three bits of advice will help you with your own venture.

The first bit of advice is to find a mentor. This person should have a lifetime of interactions within the business realm. Of equal importance, be sure they are in tune with the world today – specifically in your target market. They don’t need to know all the ins and outs, or key figures. But it is important that they can recognize trends and scrutinize the value of an idea, design, or decision. Make it a weekly (or bi-weekly) habit to sit down with your mentor to discuss what you have been working on, and what’s to come. This will act as a control, and an informal evaluation that looks at your individual and team strengths and weaknesses (along with opportunities and threats).

My second piece of advice may put the cart before the horse for some of you.  Nonetheless, I strongly feel it should be known from day one: be comfortable editing your team (Kevin Rose recently mentioned this was what Jack Dorsey told him, and I couldn’t agree more). You will come across many individuals, and some of them will join your team. Realize that along the way you will find some fits are not meant to be. When this happens, and efforts to address the differences are exhausted, don’t be afraid to stay honest to your team and draw a line. Ultimately, keeping your team on track is vital to your chance at success.

The third piece of advice (and this one may cause some debate) is to keep projects quiet and under the radar from anyone outside your team, or beyond your close friends. Because realistically you get one chance to make a good impression on your customer; if your version 1 is terrible, you have lost a customer. You could always rebrand, heck Apple did it with iTools. I mean MobileMe. Oh wait… iCloud! But that takes a lot of resources, and becomes a mess quickly (I have @Mac, @Me, and @iCloud addresses…). Now, I understand that this somewhat disagrees with what the lean startup suggests of releasing a minimum viable product as quickly as possible. But I believe there is a period in the development stage where what you’ve created is not good enough and should not be released just because it works. That being said, keep in mind that “real artists ship” and as the leader of a group it is your responsibility to make that happen; find a middle ground and you’ll do just fine.

Hopefully this advice resonates along your journey as an entrepreneur. Feel free to email me questions, comments, or ideas.

Attending a lot of networking parties, cultural, professional and business events I was constantly asking myself what makes a certain event different from another, and why do I remember the name, the place and even date for ones that happened several years ago, but nothing for the ones that happened recently. Is it because of delicious food, pleasant and smiling hosts, free parking garages, convenient time, simple and catchy PowerPoint presentation, attractive content or something else? Finally, I found an answer – it is people. Meeting with inspiring, creative, ambitious, enthusiastic, and knowledgeable people is always a guarantee of an event’s success.

In the past week Chicago’s startup community held “Built In Chicago” and “IMPACT ENGINE” launch parties, as well as a monthly Meetup with young entrepreneurs at IIT Knapp Entrepreneurship Center.  I couldn’t feel any difference between a packed bar of as many as 300 people including investors, startups, young professionals, and students, or a conference room with a small group of students of 15. There was only one thing that distinguished one company from the other, or one entrepreneur from another – a one-minute sales pitch. I was impressed by a small number of individuals, startups, and even investors who could set you on fire – “Yes, I want this product right now”, “Yes, this is a great idea, and I want to invest on it”, or “Yes, this is a person that I would love to be a partner with”. A great example of such brilliance was a young Chicago based startup company. I haven’t thought before how beneficial and time saving it might be to make an appointment to any salon for any services via login to the website and one-click motion. But when I had heard their one-minute presentation, I thought – “What a great product. I should definitely register on their website and make a haircut appointment”. Was it because their idea is the best and most needed? Not at all! They were the ones who set me on fire, and I am ready to spend my time and my money for using their services.