Oil magnate John D. Rockefeller once said, “A friendship built on business can be glorious, while a business built on friendship can be murder.” If that’s true, how do some partnerships with friends and family succeed while others fail? Find out below:
The road to becoming a successful entrepreneur is undoubtedly difficult; however, it can be made easier by learning from those around you. Below, Entrepreneurship@Dyson has accumulated the top pieces of advice our interviewees have for aspiring entrepreneurs:
How do student entrepreneurs manage the chaos of academics and business? Find out below:
According to Cornell entrepreneur Shaibyaa Rajbhandari (‘18), “College is the best time to take a risk.” Rajbhandari believes this so strongly that she has embraced the risk of starting not one, but two social ventures during her time as a student at Cornell University. The resources that Cornell has provided her and many other entrepreneurs has helped grow businesses and drive the world economy forward. Click below to read about how Cornell’s entrepreneurs have used the school’s resources to help achieve success:
Merriam-Webster defines an entrepreneur as “one who organizes, manages, and assumes the risks of a business or enterprise.” While entrepreneurs are often lauded for their achievements as “one” individual, most would assure you that they could not achieve what they did without a strong community of support. Click below to read how entrepreneurs go about building it:
In his freshman year, Cornell student Reuben St. Marc (‘17) faced a difficult question: is it worth it to start my own business? Click below to hear how he and other Cornell community members ultimately answered this difficult question:
Cornell entrepreneurs offer their opinions on the key qualities of an entrepreneur in the first of E@D’s six semester takeaways.
Entrepreneurship@Dyson offers its top three tips for a great crowdfunding campaign below:
Knowing your customer is as important as knowing your product. E@D caught up with students working on their mock startups to understand what has primary research helped them achieve as they develop prototypes and minimally viable products.
After a competitive round of interviews that took place from September 27-29, Cornell’s eLab program has announced the teams it will be moving into the program. With the start of Bootcamp 1 on October 15, the momentum has only been growing.
Money. Many people would argue it makes the world go ‘round. In a more practical sense, money is essential to entrepreneurship. A lot of great entrepreneurs say that they’re driven more by helping people through their product than they are by money; however, even those entrepreneurs would likely concede that they wouldn’t be able to have as big of an impact as they do without a little bit of capital to help them along the way. For these reasons and more, knowing where funding will come from is a key question that every entrepreneur has to answer.
Imagine a world where apps kept you updated on each bill that is passed in your local legislature and allow you to reach your legislators. This is the world AOL Co-Founder Steve Case predicts in The Third Wave: An Entrepreneur’s Vision of the Future.
How much can $5,000 contribute to the growth and development of a company? For the student entrepreneurs of Cornell who are eager to take this very first step, this may be the prize they have their eyes set on. However, the monetary reward is only a small part of the package.
What does it take to be an entrepreneur? What are the qualities one must posses? Do you have what it takes to be an entrepreneur? As entrepreneurship becomes a growing field, it’s easy to label who is an entrepreneur and who isn’t. However, in reality, anyone can be an entrepreneur. Whether it’s starting a business or bringing a new idea to a student club, everyone has the ability to be creative and lead.
Growing a startup takes capital, and very few entrepreneurs have the personal capital to fully finance their business. The two main options when seeking funding are either bootstrapping your business or pursuing venture funding.
Scavenging library stacks for written treasures is a pleasure all students can experience. Cornell’s rich resources of new print literature largely goes unused, whether it is the latest issue of Harvard Business Review in Mann Library or new releases on entrepreneurship waiting to be plucked from the new book cart in Catherwood Library.
New books about entrepreneurship are helpful to entrepreneurs as well as those interested in exploring the startup world. These three books, all available through Cornell’s libraries, provide varied outlooks and advice.
Do you think you have the next big idea? Great! Unfortunately, so does everyone else. That said, how do you make your ideas stand apart?
With more and more businesses competing for funding, the pitch deck has become an instrumental term in the vocabulary of any great entrepreneur. A pitch deck is a short presentation, typically created through PowerPoint, that provides an overview of a startup’s business plan. An entrepreneur’s pitch is often his or her first interaction with an investor, so a strong deck of slides is key in creating a good first impression. In fact, the art of the pitch is so important, that organizations on Cornell’s campus like Life Changing Labs host pitch competitions on campus that offer cash prizes where the delivery and formatting of the pitch are often considered to be more important than its content.
What can you do to create an effective pitch deck? Entrepreneurship@Dyson has you covered. Check out our top 3 tips below:
Working as an entrepreneur can be lonely and discouraging. Founders are responsible for their employees and investors, and they must keep up appearances with friends and board members.
“It’s not what you know, it’s who you know”, states Joy Kuebler, founder of Joy Kuebler Landscape Architect PC (JKLA), as she discusses getting through a rough patch in her business. The idea of networking and the value of a strong network is constantly brought up in business and entrepreneurship classes, but hearing stories from successful entrepreneurs adds color to the importance of surrounding yourself with the right people.
Starting a company takes more than just time and money, it is an emotional investment. The emotional side of founding a company is essential to staying driven, but it also makes changing the idea or letting it go difficult. Sometimes, changing a business idea is necessary for success.