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NCIIA Annual Meeting 03/24/11 Robert Beaury  Penn State Univ.  [email_address]   814.574-3059 Website:  http://e-ship.psu.edu How to Bootstrap a Student Start-Up
Presentation Overview 03/24/11 “ Presentation reviews how  PSU Engineering Entrepreneurship Minor  helped boot strap a student start-up named DiamondBack Automotive Accessories.” http://www.diamondbackcovers.com/
Engineering Entrepreneurship Minor 03/24/11 ,[object Object],[object Object],[object Object]
Objectives 03/24/11 ,[object Object],[object Object],[object Object],[object Object]
The Dilemma 03/24/11 Entrepreneurs Or Intrapreneurs
The Ingredients: Ethan Wendle & ENGR 407 03/24/11 “ An incredibly talented student who had already  decided that he was going to start a business.” “ A class focused on creativity, innovation  and starting a new business.”
 
The First Academic Steps 03/24/11 ,[object Object],[object Object],[object Object],[object Object]
The Next Academic Steps 03/24/11 ,[object Object],[object Object],[object Object],[object Object],[object Object]
The Decision: “Should I Stay or Should I Go” 03/24/11 ,[object Object],[object Object],[object Object],[object Object]
DiamondBack Automotive Accessories 03/24/11 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
DiamondBack Automotive: “Where are they today” 03/24/11 ,[object Object],[object Object],[object Object],[object Object],[object Object]
Lessons Learned 03/24/11 “ The entrepreneur and the intrapreneur have  different needs and you must determine which is  your priority and if it is possible to serve both.” “ Specifically, is it the goal of your program to start successful businesses?”
Entrepreneur Needs 03/24/11 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Entrepreneur Needs 03/24/11 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Ethan Wendle Today 03/24/11 President of DiamondBack Automotive “ Plans to complete his degree, wants  our advice, our help, wants to help the Program”

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Penn State - Bootstrapping Student Start-Up - Open 2011

  • 1. NCIIA Annual Meeting 03/24/11 Robert Beaury Penn State Univ. [email_address] 814.574-3059 Website: http://e-ship.psu.edu How to Bootstrap a Student Start-Up
  • 2. Presentation Overview 03/24/11 “ Presentation reviews how PSU Engineering Entrepreneurship Minor helped boot strap a student start-up named DiamondBack Automotive Accessories.” http://www.diamondbackcovers.com/
  • 3.
  • 4.
  • 5. The Dilemma 03/24/11 Entrepreneurs Or Intrapreneurs
  • 6. The Ingredients: Ethan Wendle & ENGR 407 03/24/11 “ An incredibly talented student who had already decided that he was going to start a business.” “ A class focused on creativity, innovation and starting a new business.”
  • 7.  
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13. Lessons Learned 03/24/11 “ The entrepreneur and the intrapreneur have different needs and you must determine which is your priority and if it is possible to serve both.” “ Specifically, is it the goal of your program to start successful businesses?”
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  • 16. Ethan Wendle Today 03/24/11 President of DiamondBack Automotive “ Plans to complete his degree, wants our advice, our help, wants to help the Program”