- 11:11 "If you find something you love and you're doing it, then that passion will come through." - David Eson tinyurl.com/5j4vb9 #
Thursday, December 11, 2008
Monday, December 01, 2008
"The thrill of entrepreneurship – and it is what drove me even from the early stage – was figuring out a better way, creating something that wasn't before, and it is in many ways as simple as that."
"If you screw up but you don't give up, then you haven't failed."
"You learn from the failures and you learn from the successes and I think it's important to learn that there are going to be both."
"Managing is all about one by one by one, trying to figure out what makes that individual tick and trying to set that individual up for success."
"I wanted to get my hands a little bit more dirty and look at real-world problem solving issues."
"Networking is not sales, it is not job hunting. It is building relationships before you need them."
"Flexible leadership means keeping one eye glued on the present and the other firmly but flexibly fixed on the future. "
"What that means is that we want to be the link in the transportation arm for the growers to the retailers on both coasts."
"The key thing is for people to look within themselves and identify what they are really good at and try and build an organization that uses that competency."
"Business is simple. You find something that people need, they can't do for themselves, and you do it for them"Check out the new videos on eClips to hear more wisdom, inspiration and advice!
Thursday, November 20, 2008
Wednesday, November 19, 2008
- 16:29 @Shawea Check out tinyurl.com/corgew to see entrepreneurship video playlists made for GEW from eClips and Cornell University #
- 16:32 @ebitan Check out tinyurl.com/eclipssocial to see eClips on social entrepreneurship. Get inspired! #
- 16:37 @endeavor_global Cornell University and eClips are celebrating Global Entrepreneurship Week too! tinyurl.com/corgew #
- 09:24 @ICSB Welcome to Twitter! Check out some of the international content from eClips at eclipsco.org/Brazil.htm #
Tuesday, November 18, 2008
Global Entrepreneurship Week is a worldwide celebration of everything entrepreneurial, and partners from all over the globe are participating in events and activities to promote entrepreneurship.
To honor this event, eClips is featuring a different entrepreneurial theme for each day of Global Entrepreneurship Week. In conjunction with Entrepreneurship@Cornell, eClips has created special playlists to highlight each daily theme.
Visit Cornell's Global Entrepreneurship Week site to see the playlist of the day, or watch clips on the following themes:
- Startup and Business Planning
- Sustainable Entrepreneurship
- Commercialization and Tech.
- Global Entrepreneurship
- Hospitality Entrepreneurship
- HR and Leadership
- Social Entreprenuership
Wednesday, November 05, 2008
Tuesday, November 04, 2008
In the following clip, Waldman discusses the correlation between rain and autism:
Waldman's study has been picked up by the mainstream media (article link) and many bloggers have shared their opinions as well, but only eClips has a video interview with Waldman. Click to see Waldman's interview in eClips, and check out our other clips on entrepreneurship, business and leadership at eclips.cornell.edu.
Friday, October 31, 2008
Pencil Bugs are bug-shaped pencil toppers, and each Pencil Bug is handmade and includes a certificate of authenticity with its name and date of birth. O'Neill made his first bug as a way to make school more fun. The idea caught on, and soon he had created a business. In this clip, Jason O'Neill talks about his role in the Pencil Bugs company:
Even though it wasn't always easy, O'Neill stuck with his business, and his efforts have been paying off. Pencil Bugs is growing and producing additional products, and O'Neill has been recognized with many honors and awards, including the Young Entrepreneur of the Year Award which he was the youngest person to ever win. In the following clip, O'Neill talks about the importance of perseverance:
Thursday, October 30, 2008
Monday, October 27, 2008
- Ratan Tata has given a $50 million endowment to Cornell University to establish the Tata Scholarship Fund for Students from India and the Tata-Cornell Initiative in Agriculture and Nutrition. (Article link)
- Kevin McGovern is another Cornell alumnus who recently gifted Cornell with $7.5 million to establish the Kevin M. McGovern Family Center for Venture Development in the Life Sciences. (Article link)
Thursday, October 23, 2008
Monday, October 20, 2008
"I think increasingly, that line between for profit and nonprofit is a permeable one."
"We were having conversations sitting on tires in Kibera which is the largest slum in East Africa, that were the exact same conversations our teams were having with Wal-Mart buyers."
"If you don't have any mistakes, it means you're not taking any risks."
"You have to be willing to take on challenging tasks and not get deterred when things don't go your way."
"In many places around the world, having a job, having an income is not a question of a better future for children or family. It's a basic question of survival."For more on these entrepreneurs, visit eClips and check out their videos.
Saturday, October 18, 2008
Wednesday, October 15, 2008
This year, Blog Action Day is encouraging bloggers to think about poverty. eClips has created a special page to highlight the entrepreneurs from our collection that work to alleviate poverty. Click here to visit our special website and see our favorite clips that touch upon the issue of poverty. The page also contains links to each entrepreneur's full interview so you learn more about the activities and impact that entrepreneurs have on poverty.
Many entrepreneurs set out to change the world, and author David Bornstein has compiled the many ideas and actions into the bestselling book How to Change the World: Social Entrepreneurs and the Power of New Ideas. Any aspiring social entrepreneur should read the book for inspiration on how to start changing the world. In his eClips interview, David discusses the impact of microfinance, which was first publicized in Bangladesh by Nobel Peace Prize recipient Muhammad Yunus. Though the concept of microcredit started out in one small area, the idea was later spread his idea to the whole world. Today it is easy for anyone to lend money for microloans, thanks to entrepreneur Jessica Flannery and Kiva.
eClips also has content from entrepreneurs working on a smaller scale to improve the lives of members in their communities and provide opportunities for people to rise up against poverty. Entrepreneur Sean Basinski gave up a career in investment banking to work with street vendors in New York City. Natalie Chanin used an unconventional source of labor when starting her apparel business and provided jobs to women in poverty stricken areas.
eClips recognizes the impact of forward thinking entrepreneurs and encourages you to watch their clips for inspiration and motivation to cause positive change. Visit our Blog Action Day site to learn more about the entrepreneurs mentioned here and the other entrepreneurs that work hard to allievate poverty.
Monday, October 13, 2008
My advisor, Professor Streeter described eClips and proposed some summer interviewing opportunities. I am from the Portland, Oregon, so we thought- hey why not add to eClips already superb geographical diversity? I went home with a goal to interview recent college graduates (within the past ten years) and hear their career exploration process. We also wanted to portray an Oregon theme by concentrating on local businesses like Dakine, Nike, Kryptiq and Pendleton Woolen Mills.
I will now briefly describe the process and a little about the interviews. I started by calling and sending letters to family friends who could provide a unique Oregon themed interview. After these letters were sent out, we worked to set up interview dates. Eventually, Liam Hoban of Adidas Soccer, Luis Machuca of Kryptiq, and Mort Bishop of Pendleton Woolen Mills agreed.
A family friend, Liam Hoban grew up in Oregon and attended Cornell University where he played soccer. His passion for sports has led him to work for Adidas in Portland (the North American Headquarters). In Liam’s interview he talks about establishing an identity, finding a passion, and the work/play balance. College students will find it useful and stress relieving. Click here to view the clips from Liam's interview.
My good buddy’s dad, Luis Machuca started Kryptiq, a software company that “enables healthcare providers and health plans to utilize and share vital information effectively”. Luis is one of the most business and tech savy people I know. If there is a man that can do it all, it is Luis Machuca. Listen to Luis’s interview and learn about his success and how he worked to get there.
Thursday, October 09, 2008
There is a new interview with Sharon Dauk in which she discusses executive coaching. She recently began a new executive coaching business, and she talks about her approach to coaching and the role of an executive coach. Previously, Sharon was the founder and Managing Director of Dauk/Wagner Investments.
Another new entrepreneur just added to eClips is Andrew Tisch. He is co-chairman of the board, and chairman of the Executive Committee, of Loews Corporation. In addition, Andrew is a philanthropist who believes in giving back to the community. Recently, Andrew and his wife Ann gave a $35 million gift to Cornell University to establish the Tisch University Professorships. (Article Link)
To stay updated on the latest news from eClips, follow us on Twitter and check back at the blog.
Thursday, September 18, 2008
In this clip, BR Ventures COO Matt Dacey discusses the fund:
Interested in seeing more about Matt Dacey and the businesses he has started? Check out his interview in eClips.
Thanks to Campus Entrepreneurship for sharing this article.
Monday, September 15, 2008
eClips has hundreds of clips about every facet of leadership, from gender stereotypes to the importance of humility. This week, we will be posting clips to our YouTube channel that relate to our podcast series on leadership:
Sound Advice: How Effective Leaders Handle Mistakes
Sound Advice: Effective Leaders Are Self-Aware
Sound Advice: Effective Leaders Care About The Team
Sound Advice: Effective Leaders Have Character
Sound Advice: Effective Leaders Have Vision
Download the podcasts and take a look at the companion video clip from Ted Teng about his philosophy on making mistakes.
To see more clips from Ted Teng, listen to his interview in eClips. Download our leadership podcast series because we’ll be posting a new companion clip every day this week, so visit our YouTube channel to see them all. To hear more podcasts or see more leadership clips, visit the eClips site.
Tags: eClips, entrepreneur, entrepreneurship, business, leadership
Wednesday, September 03, 2008
eClips is proud to have content from some of these influential leaders who were selected for spots on the list.
Number 3 on Forbes' list is Indra Nooyi, Chairman and Chief Executive of PepsiCo. She is leading a $39 billion food and beverage giant through new product offerings and acquisitions. In this eClips segment, Nooyi shares candid thoughts on the challenge of balancing work and family.
Irene Rosenfeld was given the sixth position on the Forbes list. Rosenfeld was tapped in 2006 to helm Kraft. Rosenfeld's three-year turnaround plan for the organization is beginning to show results as Kraft recently delivered its best revenue growth since 2001, up 21% to $10.4 billion. In this eClips video, Rosenfeld states that the golden rule is the best guide to becoming a strong and effective leader.
Harvard University President Drew Gilpin Faust ranks 76th on the list. Faust became Harvard's first female president in July 2007 where she oversees a $35 billion endowment, the largest among U.S. universities. In this eClips video, Faust states that opportunities available to women today were unimaginable during her youth.
Tuesday, August 26, 2008
Katie Lewis began running the roadside stand when she was nine years old, as a way to share the extra produce grown by her family and earn some money for her college fund. Her father was skeptical and told her that nobody would buy from her stand, but on the first day of operations, she sold out of melons in two hours.
Recently, Katie was assisted by her sister and they operated the stand on weekends, until the mayor found out. He said that the girls violated zoning and health regulations. When the girls' father compared the business to a lemonade stand, the mayor said that lemonade stands were also illegal, but the city could not do much because they only operated for a few days.
The story was picked up by ABC a few days ago, and the internet is divided into pro-entrepreneur and pro-regulation. I feel that the mayor should not stunt these young entrepreneurs and that he should be fair to all enterprising children. If some children are allowed to operate lemonade stands because the mayor thinks it is not worth the effort to shut them down, other children should be allowed to operate similar businesses. I think that a small roadside stand operated by a child should not require a permit from the city, but instead the city should encourage more children to contribute to their communities.
While we haven't interviewed our experts to get their opinions on this issue, eClips experts have shared their thoughts on being an entrepreneur at a young age. In this clip from the eClips collection, Jeff Parker discusses the importance of sales, and talks about the impact of childhood lemonade stands in the lives of successful entrepreneurs.
To read the article about the produce stand, click here, and don't forget to visit eClips to see more clips related to everything from roadside produce stands to other young entrepreneurial endeavors.
Wednesday, August 20, 2008
Their blog contains tons of information for young entrepreneurs. One of my favorite categories is Entrepreneurship University in which experts share advice and provide lessons. I also like the young entrepreneur profiles that showcase rising business leaders. The blog shares many links to entertaining and interesting websites and articles. This blog is a must-read for any young or young at heart entrepreneur.
Recently, there was a guest post on the blog by Mike Michalowicz, the author of The Toilet Paper Entrepreneur. Mike shared his thoughts on dedication while launching a business. He claims that your chance of success in business is greater without having a formal business plan. While there are many entrepreneurs that have been able to succeed without writing a formal business plan, business planning is an important step on the road to success.
Sharon Dauk explains why a business plan is important in the following clip from eClips:
Although Sharon initially never wrote a plan, she realized the importance of planning. Matt Dacey is another entrepreneur with an opinion on business plans. His views on planning can be seen in the following clip:
Every entrepreneur has a different opinion on business planning, and there are many more clips on eClips about this topic. YoungEntrepreneur is another great resource for young entrepreneurs to learn about business planning. Visit their forums or blog to find information and contacts on this topic.
Monday, August 11, 2008
Being environmentally responsible is more than recycling soda cans and turning off the light switch when exiting a room. There are many people that are working hard to promote environmental sustainability, from celebrities remodeling their homes to be eco-friendly, to CEOs working to make their companies green.
Corporations have a responsibility to the environment, and this week, eClips will post clips from entrepreneurs and experts who know that the green decision is the right decision. In the first clip, Irene Rosenfeld explains how going green is providing cost benefits to her company.
To see more clips from Irene Rosenfeld, listen to her interview in eClips. We’ll be posting a new clip every day this week, so visit our YouTube channel to see them all. If you can’t wait until the clips are on YouTube, think green on the eClips site.
Monday, August 04, 2008
In the Finger Lakes of New York, visiting wineries and other attractions on a wine trail is a popular way to spend a hot summer day. This year, the Cayuga Wine Trail is celebrating its 25th anniversary as
During the week, we’ll be posting clips from entrepreneurial producers and community organizers. We’ll be exploring cooperative farming, marketing and trade associations, and farmers markets. The first clip this week is from David Robb, discussing how farmers benefit from cooperating instead of competing.
To see more clips from David Robb, listen to his interview in eClips. We’ll be posting a new clip every day this week, so visit our YouTube channel to see them all. If you can’t wait until the clips are on YouTube, check out more clips from agriculture and food related companies on the eClips site.
Monday, July 28, 2008
What is an entrepreneur? The question seems simple, but defining entrepreneurship is anything but straightforward. Some people believe that entrepreneurship is something that can be taught, while others believe it is something that a person is born with. Some people think that to be defined as an entrepreneur, a person must start her own company, while there are others who consider themselves entrepreneurs even though they work for others.
During the week, we’ll be posting clips of entrepreneurs sharing their thoughts on what an entrepreneur is, and what qualities and skills entrepreneurs need to thrive. To start the week, we have a clips from Dave Pelletier in which he describes what being an entrepreneur is not.
To see more clips from Dave Pelletier, listen to his interview in eClips. We’ll be posting a new clip every day this week, so visit our YouTube channel to see them all. If you can’t wait until the clips are on YouTube, or to check out the hundreds of other clips on this topic, explore entrepreneurship on the eClips site.
Monday, July 21, 2008
In an article published in the July 21, 2008 New York Times, journalist David Carr includes a quote from Chamath Palihapitiya, vice president of Facebook. Palihapitiya states, “We are not going to help you close a deal, but Facebook is a social utility that is relevant in many contexts, including business. As you get older, there is this huge tapestry of your life, with many inflection points from where you went to school and the jobs you had, and as more and more people connect with you, it rapidly increases the utility.”
During this week, we’ll be sharing clips about the beginnings of online networking, maintaining relationships online, the future of social networking, and how to bring it back to the real world. To begin, we have a clip from Marissa Goodman on networking and success.
To see more clips from Marissa Goodman, listen to her interview in eClips. We’ll be posting a new clip every day this week, so visit our YouTube channel to see them all. If you can’t wait until the clips are on YouTube, explore the networking topics and themes on the eClips site.
Wednesday, July 16, 2008
The fifth season of Project Runway premieres on Bravo tonight, and Tim Gunn will be back to mentor the designers. On the show, he is known for his impeccable taste and candid critiques of the designers work. Fans of the show look forward to seeing Gunn’s reactions to the designers' outfits, and the interesting descriptions he uses while assessing some of the more outlandish creations. Gunn is currently the Chief Creative Officer for Liz Claiborne Inc., and previously spent 25 years at Parsons The New School for Design, where he served as the chair of fashion design since 2000.
“There are things that one can do to get what one wants, but it requires work, it requires tenacity, and it requires an incredible amount of passion about what you do and how you do it.” - Tim Gunn
In 2006, Gunn gave the keynote address at "Glamour In The City," an event which raised funds to support the not-for-profit organization, Glamour Gals. eClips was there to capture his remarks about his background and experiences with Parsons and Project Runway.
Viewers of Project Runway know that Gunn often recites his famous catchphrase “make it work.” In this clip, Gunn explains how the phrase evolved, and where the idea of make it work comes from.
To hear more comments from Tim Gunn, listen to his interview in eClips.
Tuesday, July 15, 2008
eClips has partnered with Metanomics host Robert Bloomfield to present clips of his interview with Christian Renaud that took place on June 30, 2008 in Second Life.
Until recently, Christian Renaud was the Virtual Architect of Networked Virtual Environments for the Cisco Technology Center. During the interview, Bloomfield asked Renaud about Cisco's interest in virtual environments, Renaud's thoughts on the future of virtual worlds and Renaud's recent decision to leave his position at Cisco to lead some startup ventures on his own.
"Metanomics" refers to the study of the business and policy aspects of the "metaverse" of virtual worlds. Metanomics can focus on issues arising within virtual worlds, such as how developers manage the economy of a game world (like Second Life), or how residents of virtual worlds manage and regulate business. Metanomics also includes the study of how real-world businesses can use virtual worlds as part of their strategy, and how real-world law and regulation might apply to virtual-world activities.
Robert Bloomfield is the Nicholas H. Noyes Professor of Management and Professor of Accounting at the Cornell University Johnson Graduate School of Management. In September of 2007, Professor Bloomfield unveiled his new talk show, Metanomics, to TechCrunch. The concept of the show proposed an innovative goal – to discuss and dissect business and policy matters in the “Metaverse” of virtual worlds. Metanomics is primarily aired in the virtual world of Second Life; however, its scope is not limited to a single virtual realm and Professor Bloomfield is known to take the show to other worlds, such as Active Worlds, There, and Kaneva.
Interested in hearing more? Listen to Christian Renaud's comments in eClips.
Wednesday, July 02, 2008
Thursday, June 12, 2008
Our interviews focused on six main areas: Career Development, Ethics, Leadership, Entrepreneurship, Cultural Differences and Diversity, and Work-Life Balance.
Being born in Wuhan and raised in a business environment, I have always felt that I knew the area's business practices well. These two days of interviews, however, opened up my mind so much that I started to look at the subject in a different light. From talking to these great businesspeople, I was inspired by their insights and was able to learn about their business endeavors under the special context of economic development in China during the past several decades. I also noticed that most interviewees emphasized integrity and sustainable development when discussing ethical business practices. Additionally, their understanding of the differences between traditional Chinese culture and Western cultures and their impact on business practices in the East and West were rather interesting and offered me a fresh perspective.
Special thanks to eClips for giving us this great opportunity to learn, to challenge ourselves and to gain new appreciation for Chinese businesses. We can’t wait to share our interview content with our audiences on the eClips website and we hope that you will be as inspired as much as we have been through this learning experience with eClips.
By Rui Zhang
Saturday, May 10, 2008
eClips had the opportunity to speak with Doris Buffett in the past. During her talk, she discussed her responsibilities as a philanthropist and a good citizen and discussed the impact of her foundation.
To read more about this initiaitve, read the following Cornell Chronicle article
Friday, May 09, 2008
Professor Deborah Streeter, Jamie Kalousdian and eClips Asia student representatives had a meeting this Wednesday during which we finalized the eClips Asia Summer Project. Students of eClips Asia team, including Chi Fan Johnson Cheng, Amanda Mingsze Chan and me are planning to visit top chief executive officers and business leaders in Wuhan, Shenzhen, and Hong Kong in June and July of 2008 in order to interview them on the subject of business practices and ethics in China.
Part of our funding for the project will come from a 2008 Robert S. Hatfield Award that we just received for our “eClips Asia Summer Project Proposal”. Receipt of a Hatfield grant gave us a lot of encouragement and we are certain that we will successfully accomplish the goal of conducting high-quality interviews of entrepreneurs and business leaders in China and thus enrich the eClips Asia video learning materials. The content will be transcribed, translated and subtitled for viewing/listening in both English and Chinese and will be uploaded to Cornell’s eClips Collection this Fall.
We are very confident that our experience, network, and expertise of China will enable us to gather advice on business practices in China. We believe that the summer project will not only enhance the learning experiences of the eClips Asia team, but also enable us to acquire valuable educational content for eClips users around the world.
eClips already has a very rich collection of thoughts on conducting business in China. I highly recommend watching Kevin McGovern's clips since he share valuable information from his experiences of doing business with the Chinese.
By Rui Zhang
Friday, May 02, 2008
Talking about stress in life, student entrepreneurs may have more reasons to complain than me about their packed schedules since they are running a business while juggling their academic work. It is extremely challenging to do well in school and manage a successful business while also trying to find time to enjoy life. For that reason, I always like to ask how they are maintaining work-life balance during my interviews with student entrepreneurs here at Cornell.
During my recent interview with Matt Dacey, an MBA student who is running an online custom grocery business, Dacey shared that it is very important to party once in a while, to get enough sleep, to set aside specific times for leisure.
By Rui Zhang
Thursday, May 01, 2008
Indra Nooyi is the chairman and chief executive officer of PepsiCo, the world's fourth-largest food and beverage company. Prior to being named CEO on August 14, 2006, she had been serving as PepsiCo's president and CFO.
In a partnership with not-for-profit organization Catalyst, eClips was allowed to record Nooyi's keynote address from the 2008 Catalyst Awards Conference held at the Waldorf-Astoria in New York City.
In addition to speaking about women in executive roles and the challenges of balancing work and family, she also shared candid thoughts about the impact of faith on her decisions as an executive and the importance of being the same authentic person whether at work or home.
Access the video below to hear her comments about the importance of bringing your "whole self" to work...
Click here to access more clips from Nooyi's keynote in eClips.
Saturday, April 26, 2008
My real life experience has told me that each gender has a different way of falling in love. My education convinced me that male and female brains develop and behave differently. To realize and understand the basic differences between how men and women think and behave is important not just if you are in the dating game, but also in the busienss environment – hire the right people, improve teamwork, and develop the right strategies.
1) “Web thinking” and “step thinking”
Some research findings suggest that on average, women gather more data, consider the context, are intuitive, have a sympathizing mind and think more long-term – we can call it "web thinking". Men, on the other hand, are more focused, think linearly, focus on rules and the short-term - "step thinking". Men are more analytical; women are better long-term planners. The long-term thinking of women makes them better investors.
2) Collaborate or compete
Listen to this clip from Amy Millman, President of Springboard Enterprises. According to Millman, girls are more collaborative whereas boys are more competitive: girls play to build good relationships and boys play to place value on things.
3) Who is stronger in networking?
Catherine Khan works at L'Oreal and is currently the Marketing Manager for the Garnier Nutritioniste product line. In this clip, she states that women are not as strong at networking as men. You might tend to disagree with her but Catherine believes that women are not so strong as men in networking because men try to help each other while women see networking as building false friendships.
4) Men are more spread out
Julie McPeek is a co-founder of Provisor Marketing. In this clip, she states that men and women have different body language in the corporate environment. When it comes to body language, Julie found that men are more open in their body language and they are much more likely to be “spread out on a chair instead of sitting with their arms crossed which women do so much.”
Whether you agree with the above statements or not, you can always log onto eClips and compare different thoughts from men and women in the business world and the role of women in today’s business arena.
By Rui Zhang
Tuesday, April 22, 2008
Yet, I would say that making a profit while simultaneously bettering the environment is something that should be respected, and perhaps even promoted in the coming years. And entrepreneurs who innovate in this manner may soon become leaders of the environmental movement.
Take James Poss of Needham, Massachusetts for example. He invented the BigBelly trash can and started Seahorse Power Co. to advance his product. The BigBelly trash can is similar to any other trash can except it uses solar energy to compress trash when the trash can gets too full. This means that people can pile more trash into their trash bins, which in turn means that trash collection frequency is drastically reduced. As the number of diesel-burning garbage trucks decreases, the amount of fuel burned by these trucks decreases as well. Moreover Poss’ Device has put him in places of influence on a national level—the U.S. Forest Service and the Borough of Queens are both clients.
Other entrepreneurs such as Professor Daniel Kammen tend to focus more on the research and innovation end of entrepreneurship. Kammen, a professor at UC Berkley and Cornell alumnus, developed a UV tube for light bulbs that saves energy and cuts down on costs. Although Kammen had the opportunity to plunge fully into growing a company, he chose to stay in the innovative phase so that he can contribute more to the current knowledge of sustainable energy. (Click here to listen to eClips content from Kammen)
While entrepreneurs like Poss and Kammen have different goals and priorities, it is clear that such entrepreneurs are jumping into the market very rapidly. The Center for Small Business and the Environment (CSBE) said clean-tech startups accounted for 6.4 percent of all North American venture investments in 2003. And this number is only going to keep climbing in the coming years. Clearly, environmentalism is becoming a global issue. Look to entrepreneurs to lead the way.
Saturday, April 19, 2008
Pictured above from the right: Professor Deborah Streeter, Manuel Lora, Chi Fan Johnson Cheng, Rui Zhang, Amanda MingSze Chan, Hong Shing Johnson Cheng, and Jamie Kalousdian. Photo taken by Jon Reis
eClips Asia’s pilot project was completed in December of 2007, when three interviews were conducted in Hong Kong. During the winter break, our team went to Hong Kong and interviewed two senior managing directors: John Lee and K.L. Wong at Merrill Lynch and entrepreneur Donna Ho from Physical.
In the spring semester of 2008, our team continued to obtain Asia-related content for the eClips collection. We conducted several interviews with distinguished leaders from a variety of industries including John Nesheim, an engineer and veteran of Silicon Valley and Canice Chan: an attorney with 20 years of experience in transactional matters in North American, European, Chinese, and other Asian companies.
In the coming summer of 2008, we are planning to conduct five to eight interviews in China, Singapore, and Malaysia . The eClips Asia team expects to visit top chief executive officers and business leaders and interview them on business practices in Asia, as well as seek their input on ethics and global leadership.
The eClips Asia project has provided us with wonderful opportunities for experiential learning while enabling us to gather advice on business practies and ethics in a diverse cultural context that can be disseminated through eClips website. We are very grateful to everyone from eClips who has helped and supported us!
By Rui Zhang
Wednesday, April 16, 2008
Scrimple.com is a Web site that offers college students downloadable coupons for discounts at local businesses. The site caters to budget-conscious college students, who can print free coupons and redeem them in Ithaca stores or restaurants for discounts or free items. Participating businesses pay either for each coupon printed from the Web site or a fixed annual fee to win new customers.
In addition to Ackerson who serves as founder and CEO, Scrimple's management team includes Angeline Stuma '09, director of marketing for Scrimple; Natalia Avalos '07, director of sales for Scrimple; Sylvia Ng '08, assistant director of marketing for Scrimple; and Kerry Motelson '08, director of operations for Scrimple.
eClips had the opportunity to interview Ackerson about the challenges of being a student entrepreneur and discusses the background, funding and growth of Scrimple. Click on the video below to hear Ackerson discuss the importance of havingthe right people on board at the start...
To read more about Ackerson's win, click here to access the Cornell Chronicle article.
Tuesday, April 15, 2008
A few years ago my friend Nick Batter, currently a senior at Harvard University, went on a volunteer summer relief trip to Sri Lanka. The nation had just been devastated by the historic tsunami and Nick figured he’d travel with a large group like the Red Cross or UNICEF to help the relief efforts. Yet, he was advised that these large organizations were inefficient and had a very difficult time getting access to the hardest hit parts of the island. So Nick decided he would get a bunch of friends together, raise some money and use the money to oversee the implementation of sustainable projects that would better the village communities damaged by the catastrophic tsunami.
That was the summer of 2005. Now, three years later, Nick and his group of friends are in charge of a non-profit organization named Sri Lankan Aid. Their growth has been absolutely tremendous. From an initial budget of 25 cents, they have grown to close to $20,000 per summer trip. 100% of there money goes towards building facilities that village communities in Sri Lanka desperately need. This includes classrooms, orphanage wings, water pumps, village centers and many other things. They have also created a film documentary of their progress known as Lions and Tigers, which is set to be released in late 2008. Sri Lankan Aid has been recognized by Congressional members and by the former President of Sri Lanka. Each year the non-profit grows in size, and I feel honored to know these guys.
The primary reason why I bring up Nick is because he is a perfect example of what I consider to be a social entrepreneur. Social entrepreneurs, like business entrepreneurs, identify and try to resolve specific problems. Of course, their problems tend to have social or humanitarian connections, but they address the problems in similar manners. On the results side, social entrepreneurs tend to measure their success in terms of the magnitude of their impact on society rather than the amount of money they make. In that sense, being a social entrepreneur has profits far more valuable than silver and gold.
eClips has a growing collection of stories from social entrepreneurs. You also might want to check out the clips we have in the "Social Entrepreneur - Defined" theme or in the "Transfering Social Values To A Business Model" theme...
eClipsNet will provide a personalized workspace, centered around the eClips collection, where entrepreneurs and business leaders can generate, organize and develop ideas while learning through the experiences and journeys of other professionals.
The eClips collection, which now numbers close to 11,000 clips, was created by Deborah Streeter, Kirsten Barker and Jamie Kalousdian with the assistance of IT professionals at Cornell University's Mann Library. eClipsNet, LLC was founded by the team of Streeter, Barker and Kalousdian along with Kensa Group, LLC.
Click here to read the press release.
Friday, April 11, 2008
During his interview with eClips, Lee Man Tat shared his ideas on managing a successful family business. To him, family is always before business. A business can only thrive when the family members are in harmony. We were surprised to learn that the Lee family established a family court with its own family constitutions to resolve family conflicts, because to him, problems arise when the family members are in conflict with each other. When Mr Lee was asked what makes him proud of most during his years of managing the enterprise, he told us nothing moves him more than the fact that he has been happily married with his wife Choi May Ling for 54 years. Mr Lee kept emphasizing that to see his children happily married and his grandchildren growing up healthily were the major driving forces for his business.
Lee Man Tat encourages his children to focus on education and acquire some work experiences with other enterprises before working for the family business. He firmly believes that when the entire family work together with the same goals in minde, the family business blossoms.
We will be posting the interview with Lee Man Tat in the next week and will provide a link to his comments here. In the meantime, click here to see some clips on the challenges facing family businesses.
By Rui Zhang
Wednesday, April 09, 2008
I think that one of the hardest things for students who want to become entrepreneurs is moving from a concept or idea towards the creation of a startup. Often, students have a good idea and dream of the possibilities of that idea. But the excitement and passion behind the idea is never utilized to turn the idea into reality. While it’s true that the road to becoming an entrepreneur is generally long and narrow, I’m surprised that more people don’t give it a try.
At eClips, we have a lot of video clips devoted to educating entrepreneurs on what they can do to take that active step towards starting a business. Below is a list of 5 things you can do to get started today.
1) Figure out exactly why you want to become an entrepreneur. Do you dream of becoming rich? Do you want to have the independence of being your own boss? Do you simply enjoy innovating? Get your motives nailed down.
2)Completely map out your idea. What is your product or service? Who is your target market? How will you generate revenue? What is your business model?
3)Surround yourself with people who will add real value to your business. This includes finding a solid management team and an experienced board of advisors. This need not be very formal per say, but having others to help you out will broaden your pool of knowledge and make your chances of success higher.
4)Market your product and service to as many people as possible. This includes current clients, possible clients and even investors. You need not spend a lot of money here if you are creative and resourceful. What really matters is that you get your name out there.
5)Be persistent and take risks. It’s not always going to be easy, and you’re going to have to sacrifice a lot. But if you want to win big; you need to play big.
Hopefully, this is enough to get started. Once again eClips has tons of relevant information, so don’t hesitate to browse the site.
On a separate note, don’t forget that this weekend is Entrepreneruship @ Cornell Celebration. This is a great opportunity to network with other entrepreneurs or just learn something new.