be your own boss - wharton - 071025

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Be Your Own Boss Discovering Your Path To Entrepreneurial Success Delta Sigma Pi – Wharton Venture Capital Association - October 25, 2007

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Presentation on entrepreneurship given to Wharton Venture Capital Association and Delta Sigma Pi business fraternity.

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Page 1: Be Your Own Boss - Wharton -  071025

Be Your Own Boss

Discovering Your Path To Entrepreneurial Success

Delta Sigma Pi – Wharton Venture Capital Association - October 25, 2007

Page 2: Be Your Own Boss - Wharton -  071025

MORE SCHOOL

CORPORATEWORLD

Start-Ups

WHAT’S NEXT?

Page 3: Be Your Own Boss - Wharton -  071025

A person who organizes and manages any enterprise, esp. a business, usually with considerable initiative and risk.

Lots of work and no guarantee

Who The Heck Wants To Do That?

ENTREPRE WHAT?

Page 4: Be Your Own Boss - Wharton -  071025

UM, YEAH…ME?

1. Freedom – Be what I want to be

2. Control my own destiny

3. To Infinity and Beyond

4. Business 101

5. Self Motivation

6. No Email Anxiety

Every entrepreneur has their own unique story!

Page 5: Be Your Own Boss - Wharton -  071025

MY CAREER PATH

eBay Ticket Business, Local Business Websites, LittyHoops.com, Lame Job Interviews

1999-2003: Ann Arbor 2003-05: San Diego, CA

2005-06: New York, NYNOW – New York, NY

Editor at college sports website company. and continue to work on my own Littyhoops.com Website

OCSN is acquired by CSTV. First person to move to NYC Office. Work on Digital products including MMOD, Fantasy Football, Podcasting, Mobile, Blogs. CSTV Acquired by CBS.

Join Sportsvite pre-launch as first company employee to run business development and marketing.

Page 6: Be Your Own Boss - Wharton -  071025

YOUR CAREER PATH

• No Pre-Requisites • Banker, Consultant, Lawyer, Trader…• Business Operating Experience• Take the Plunge!

There is more than one path to be an

Entrepreneur

But It does take a certain type of person…

Page 7: Be Your Own Boss - Wharton -  071025

ENTREPRENEURIAL TRAITS

AttitudeEntrepreneurial “Spirit”

Confidence

Passion

Self-Motivation

Skill Set

Problem Solver

Presenter

Sales

Organizer

Multi-Tasker

Multi-Talented

LifestyleWork = Life

You = Your Job

Page 8: Be Your Own Boss - Wharton -  071025

INTO THE WILD

Follow your Passion• Too many long hours• Too Hard• Roller Coaster Ride• Strong Roots

Know Your Industry• Ideas are worth less than…• The Vision• How can you execute?• Be a consumer

Page 9: Be Your Own Boss - Wharton -  071025

NEXT STEPS

Do Stuff…

1. Build Your Network2. Blog

• www.blog.littyhoops.com3. Learn4. Meet People

• nextNY, DSP, Etc.5. Internships6. Resources

• Wharton7. Be Savvy

• Friends, Family, Charity, Opportunity

Page 10: Be Your Own Boss - Wharton -  071025

GET ON THE COURT

Is your business a full court prayer, half court heave, three pointer, foul shot, or a Slam Dunk

• Research• Do Due-Diligence• Ask Questions• Be Your Own Pundit• Smart Team• Realistic Goals• Budget

Give Yourself A Shot

Page 11: Be Your Own Boss - Wharton -  071025

INTERESTING BUSINESS SECTORS

DIGITAL

GLOBAL

GREEN

• Tip of the ice berg

• New markets • Industrialization

• Big issue for next generation• Potential world unifier • Current difficulty to be green

Page 12: Be Your Own Boss - Wharton -  071025

QUESTIONS

What the Heck is [212] Media and what do you guys do anyway?