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The year has gone by quickly and I am finally a Ball State University graduate.  It seems like yesterday that I was moving into the residence halls of Stu-West as a freshman.  I have had some great opportunities and learning experiences that were once in a lifetime.

 

Today, I began work for my graduate assistanceship with The Entrepreneurship Center and my first MBA class is tonight at 6:00pm.  I have had fun blogging through the year and hope that you have been able to see a little piece of my undergraduate life.  Since, I will be on campus till next May, I encourage anyone to contact me with any questions you may have.  Best wishes to all!

Tuesday, April 29th was the big day for Entrepreneurship majors: E-Day.  E-day has been historically known as the day students pitch their business ideas to a board of evaluators.  Evaluators are distinguished business men and women and some are even alumni of the program.  Each student is given 15 minutes for a formal presentation followed by a 30-45 minute question and answer session.

To simulate the environment of corporate America, students presented at the Omni-Severin Hotel in downtown Indianapolis at around 1:30pm.  However it was a very stressful environment since students did not know when they were goilogong to present and who they were going to present to.

Knowing how lucky I am, I ended up being the last student to present, starting at around 5:15pm.  I entered the room and started my PowerPoint presentation from one of the five backup media copies I had.  After the presentation, I was drilled on various operations, human resources, and financial questions.  Once the board was satisfied asking questions I was asked to leave the room.  They then deliberated with one another for approximately 15 minutes; and let me tell you that was the longest 15 minutes of my life, knowing that four individuals had the power to make or break my graduation.  Besides graduation on the line, I was also risking entrance into graduate school, a full time graduate assistanceship and a 12 month lease on a house in Muncie for the following school year.

I am pleased to announce that the verdict was I PASSED, and at that moment I felt on top of the world and starting calling everyone in my phonebook.  Unlike other majors, our program offers students the ability to see a real-life business project from start to finish, a true immersive learning event.  This was an experience that I would not trade anything else, and has truly made Ball State a great place to go for my college career.      

Congratulations to the Class of 2008

Kristy Anderson

James Bailey

Matt Bare

Annette Campbell

Kurt Cowgill

Josh Davidson

Brian Geiselhart

Derek Hartman

David Hutnik

Doug Hyatt

Cody Parkhouse

Mike Randazzo

Dan Schuch

Stephanie Vail

J. Barrett Young

Nascent 500

Over the weekend, The Entrepreneurship Center put on one of its largest events: The Nascent 500.  For the past 11 years, Ball State has hosted a business plan completion open to the entire nation.  Since 2007, this competition was branded the Nascent 500, since it actually takes place at the Indianapolis Motor Speedway.

 

Here’s how it works:

 

The 12 finalist teams get a 500 second lap around the track with three distinguished businessmen and women inside a limousine.  They can only use their power of persuasion to pitch their business idea to make it to the second round.  The judges then deliberate and choose one team from each limo to advance to the final “Homestretch Round.”  In the final round, full business plans are presented to national level experienced judges.

 

Besides bragging rights the winner of this competition is awarded with the following:

 

$10,000 Cash

Quart Milk

Traveling Trophy

Fast Lap in the Pace Car

 

The completion this year was between the following schools:

 

Ball State University

Grove City College

Illinois Institute of Technology

Illinois State University

University of Central Florida

University of Huston

University of Manitoba

University of Michigan

University of Saint Francis

University of Wisconsin – Madison

Vanderbilt University

Western Carolina University

 

And the winner is…

 

I am proud to say that the 2008 winner of the Nascent 500 was actually Matt Bare from Ball State.  Matt presented a compelling argument that money can be made in poo businesses with PooYou.com.  PooYou.com provides consumers a soapbox to express their emotions by sending poo, with a custom message, through the mail.  The poo product is 100% safe, 100% biodegradable, and 100% to the point!  Matt stated during the presentation that essentially: “we are Hallmark’s evil twin.”  Pooyou.com is also a social destination where users interact with the website and each other.  By tracking this interaction, PooYou.com is able to gather demographic, psychographic, and behavioral data creating a unique valuable database.

 

Check out the site: Click Below 

PooYou

 

Check out some of the day’s photos below:

Limo

Brian, Dave, Cody, Matt standing on the track!

Brickyard

Me kissing the brickyard finish line.

Final Four

The "Homestretch Round" Announced

The Winner!

Winner Matt Bare from Ball State accepts the $10,000 check

 Milk

Milk Anyone?

Pace Car

Here comes the Indy 500 pace car.

Fast Lap

Matt goes for his fast lap ride.

Checkered Flag

Me at the checkered flag post.

Just another 72 hours and counting till spring break starts!  After a long and exhausting two weeks of class and working on my business plan, I can really use a break.  This year I will be going on a "real" spring break to Destin, FL (just next to the Alabama border).  I say "real" spring break because I am actually going on a vacation destination.  For the past three years I went home to PA which is still a nice treat since I only go home a few times a year.  However, being senior year, I figure the last one should be done right.  Going on the trip with me will be my friends Chris, Steph, Wiley, and "The GOC" (a.k.a. Kristyn)

According to the great Google Map system we should arrive by car in about 13 ½ hours, but instead of a long haul we will be staying overnight at my friend Steph’s house in southern Indiana, knocking off a good three hours.  Check out our route below:

 

The Route

 

 Once we get down there, the five of us will be sharing a great 2 room suite on the beach facing the Gulf of Mexico for a total of five glorious days.  Beside traditional beach activities the city of Destin is also the home of some of the world’s greatest go-cart tracks.  Just check out the pictures below and see for yourself.  The amusement park has a three story wooden track, traditional loop track, and even a drift racing track all of which face the ocean.

 

Hotel

The Hotel

 

Go-Carts

 

Can't wait to shove someone into the wall!

 

Go-Carts

 

The 3 Level Track and Drift Track

 

As far as packing goes I have not even begun.  I've been far too worried about completing the rough draft of my business plan which is conveniently due the Tuesday after I get back.  And believe me, the thought of taking my laptop down to Florida is not appealing but I may be forced to do so.  As a quick update, I have all my research done and numbers crunched, now it's just sitting down and writing it.  On top of things, I find out in 12 hours whether or not I have been selected to compete in the Colorado State Business Plan Competition.  Be sure to check back later with all my photographs of the Gulf Coast.

So here I am 2:01am and the work keeps piling up.  Right now I am finishing the executive summary of my business plan which will be faxed tomorrow morning along with an “Intent to Compete Form” for a Colorado State University business plan competition called “Venture Adventure.”  Hopefully, I will be selected as one of the top 16 to compete at Colorado State in mid April.

 

Once that is complete, in the next 20 minutes or so, I plan on finalizing some details in the operation section of my MGT 441 consulting project with Mathew’s True Value.  The consulting project should not be too difficult it’s just a matter of motivating my mind to get things done.  I guess you can say I’m somewhat of a procrastinator, however I don’t procrastinate because of many social activities it’s usually due to university involvement/commitment, business plan research, and oh… that thing called sleep.

 

After that is complete, I may start looking over notes for my capstone business-core course MGT 491, since we have to complete an online test by Sunday at 6pm.  This class discusses business strategy and examines how some companies are more profitable than others.  So far, I really enjoy the class discussions of the case studies we read.  It allows us to evaluate business strategy from a hand on approach.  On Friday, we will be discussing the Gap, Inc. by examining their differentiation strategy of owning several brands including Old Navy and Banana Republic.

 

Personal Recommendation to Future Students:

 

One of the greatest skills you will learn at college is the idea of multitasking.  At this particular moment, I am working on my executive summary, downloading some industry interviews from a technician form, looking over consulting notes, outlining some e-mails that need to go out tomorrow morning (it looks bad if you send them at 2am), and as you can see writing a blog entry.  If it were not for my good multitasking skills, I don’t see how I could have ever made it this far in my college career.  Besides multitasking, I strongly recommend that a student learns what system keeps them organized; for me it’s post-it notes and my PDA (without I would be lost).

Well I suppose I need to get back to work.  Check back later to see if I survived the week.

 

(P.S. 16 Days 14hours and 56 minutes till SPRING BREAK FREEDOM!)

Immersive learning is a key concept that separates Ball State from other universities.  As an Entrepreneurship major in particular, I am involved with several immersive learning opportunities.  Most common would be the New Venture Creation class (MGT 449), which is execution of writing a business plan.  I have mentioned this in the past.  However, an interesting class that is sometimes over looked is Management 441: Entrepreneurial Consulting.  In this class, a team of entrepreneurship majors consult local small businesses with the problems they are facing in a particular category.  This category could include accounting, finance, information systems, project management, etc. 

For this spring, I am working with two other students on an e-commerce evaluation for Mathews True Value Home Center located in Pendleton, Indiana.  The company is relatively new, as it was established just a few years ago.  The company is a franchised division of True Value, whose mission is to offer higher quality products than a traditional home improvement center.  True Value also employs staff with great knowledge and experience.  The company is having us evaluate the benefits and cost of taking their product to the World Wide Web.  With access to more than 100,000 products, the company has a distinct advantage over its competitors of Home Depot, Inc. and Lowes Home Improvement.

So far, the team and I have evaluated various e-commerce hosting agents including Amazon.com, YahooShopping.com, and self-build sites.  In about three weeks, we will be presenting to the business' owners our evaluation of entering into an e-commerce business.  Besides recommendation to entrance, we will also advise the company on implementation strategies, product line strategies, and daily operation routines. 

After one week, I am glad to report that I'm all settled back in my old room.  Below are pictures of my room from when it was under construction.

Room Pic

Room Pic

Kitchen Sink

Water Flow

The water flowed out from the corner wall near the base of the AC unit.

Pipe

The pipe that caused all the problems.

 

Sorry for the delay in my entries.  I have been a little preoccupied being homeless moping around campus.  Exactly one week ago my fabulous room in Park Hall suffered the great flood.  While most were enjoying the extra day off for Martin Luther King Jr., I was struggling to stay afloat.  Around 7:10pm that night I went down the hall to put in a small load of laundry.  When I returned, I noticed a small puddle of water by the base of my air conditioner unit.  It almost looked like someone came in and dumped out a bottle of water. 

Assuming it was a small leak; I put my extra bath towels down by the puddle and called my Resident Assistant (RA), Bill.  Bill had informed me that he was going to get the hall director to come over and check out the problem.  Within the 3-5 minutes it took for the both of them to come down the hall, my small puddle rapidly turned into hundreds of gallons of water covering the floor.

Flood Image

Frantically, I grabbed my cell phone and starting calling everyone in my phonebook seeking assistance.  A team of 5 others and I started moving my possessions into the hallway, after unplugging all electrical devices first.  As the water progressed we decided to call in reinforcements: the remaining 9 RAs in the building.  After about one hour of building a dam, maintenance finally arrived to the building with the tools necessary to shut off the water source.  Once under control, the team and I spent many hours into the night cleaning up the hundreds of gallons of water.

As it turns out, a non-insulated 1" copper pipe in the wall became frozen and burst due to the extremely cold temperatures over the previous weekend.  However, one positive note from this event is the display of community that is built within the residence hall.  In a time of need, neighbors, friends, and RAs came to my assistance helping me through this frustrating situation.

In regards to my room, we are currently going through renovation.  Ball State Maintenance has successfully removed all the damaged pipes and is currently replacing the drywall.  Hopefully I will be all settled in again later this week.  Check out the video below. Click the image, then please be patient because it takes a minute for the video to load.

 

Format: mov
Duration: 1:26

Ice Hockey Ticket

On Saturday, I attended an Indiana Ice Hockey Game with the Alumni Association.  As a member of the Student Alumni Relations Team (St.A.R.T.) I helped out by registering guests, taking photos, and enjoying the food and game.  St.A.R.T. is a great organization that provides students with the opportunity to be involved and network with alumni.  Fellow St.A.R.T. members Joel Sheets and Mariela Benitez also helped out at this event.

Indiana Ice which is an amateur hockey team played Waterloo on Saturday, January 12th at 7:05pm in the Pepsi Coliseum.  This was one of the few hockey games I have ever attended in my life but I greatly enjoyed the game.  This event was a perfect example as to why I get involved at Ball State.  I had the opportunity to meet the players, raffle off prizes, and photograph the alumni participation on the ice.  As it turns out, Waterloo won but not by much the final score was 4-3.

Alumni Group

 Alumni dinner before the game.

St.A.R.T. Group

St.A.R.T. Group: Joel, Brian, Mariela

Winners

Winners of the Raffle

Puck Drop 

Collin Hobbs drops the puck to begin the game.

(Son of Ball State Alumni: Terry Hobbs)

Hockey Players

Indiana Ice vs. Waterloo

Well the first week of the semester has concluded and I am anxious to complete my last semester for my undergraduate degree.  I am taking a total of 12 credit hours this semester which will be a nice change in comparison to a typical load of 15 credit hours.  However, I am sure my capstone course Management 449 will consume more time than a usual class (This is the class that I finalize and present my business plan).  The other entrepreneurship class I am taking is Management 441, a consulting class for local small businesses.  Introduction to Graphic Arts and Business Strategy are the two other classes I am taking this semester.

 

As far as the business plan, I’m still chipping away.  Right now I am working on writing the operations and human resources section.  Hopefully I can have the entire thing finished by spring break, but we’ll see if that’s realistic.

            It's almost 1am and the previous day is still not over yet.  At 5pm today (December 3) my feasibility analysis for my business plan is due and boy am I feeling the pressure.  I would have to say that this is one of the largest projects I have worked on so far in my college career.  It really puts it into reality as to why our Entrepreneurship program is ranked so high in the nation.  As a way to take a break, besides writing a blog entry I am also doing laundry.  (This is definitely not the high point of fun in my college career.)  Anyway, I should probably stop procrastinating and get it done.  I have posted below the description and logo for my company; let me know what you think by writing a comment.

Business Description

            Critical Solutions, Inc. will be an information technology consulting firm servicing the small business community.  The company will be located in Bensalem, Pennsylvania, a suburb of Philadelphia, offering three primary solutions, system design and analysis, reseller of IT hardware and software, and a managed services provider.  Its primary purpose is to further develop or sustain the technology infrastructure of a small business that does not have an in-house technician.

Critical Solutions Logo

 

 

 

 

 

 

 

 

 

 

On the topic of food, did you know that up until a few years ago Muncie was rated highest city in the country of per-capita fast food restaurants? (Bureau of Labor and Statistics)  This means there are tons of food choices for the average American Midwest city.  It can probably be attributed to the large number of student population.  Even though Muncie lost that record, it still stayed within the state borders, only traveling about 50 miles down I-69 to Indianapolis.

Cheeseburger in Paradise 

When I need a break from typical Ball State dining services, my favorite place in Muncie is Cheeseburger in Paradise.  This national chain restaurant is relatively new to the city being built just two and a half years ago.  My love for the "Paradise" started a few months after it had opened.  It was mid October which meant it was my friends Luke's birthday, and when you have a group of about 22 people it is sometimes hard to find places to accommodate such a large group.  Low and behold the night was a success, service was excellent and the food was great.  After that night, it became a tradition, on everyone's birthday the gang went toMini Burgers Cheeseburger.  The item I always order is, "Mini Cheeseburger platter with onion straws as a side."   

Now after a couple years and many birthdays, we are starting to get sick of the same routine over and over again.  Just last week Ruby Tuesday's opened in town so maybe that could become the new hotspot, plus they too offer mini cheeseburgers, but I'm sure I will try something new.  Have a Happy Thanksgiving!

Sorry for the delay in my blogs it has been a very busy past two weeks.  Surveys ReturnedWe are at peak time now in the semester, and lately I have been bombarded with papers to write and research to conduct.  As I've told you all earlier, for graduation I am required to write a full business plan. At the end of April I will be presenting it to a board of distinguished business men and women.  These evaluators then decide whether or not I met the requirements to pass.  With that all said, here is my business idea: an IT consulting firm that specializes in support for small businesses.  The company will also offer cutting edge infrastructure solutions including remote log-in support.  So far this semester I have been conducting my market research, which entails reading through business journals, conducting surveys, and interviewing business owners.  Last week, I sent out 334 surveys and so far I have received 86 back; my goal is 100.

Ascent Logo

Besides school work, I was able to attend an awesome event that the Entrepreneurship Center puts on every year: The Ascent Awards.  This black tie awards program is to honor entrepreneurs across the country that have excelled to new heights and done great things.  This year's finalists were:  Tony Hsieh of Zappos.com, John Shearer of Powercast Inc. and Vickie Stringer of Triple Crown Publishing and Stringer won the overall award for 2007.  If you would like to learn more about the Ascent Awards please click here to view a video.

Ascent Awards

(A few entrepreneurship students and I all dressed up for the occasion.)

Well that is all I have time for today.  I have class in a few minutes and then it's back to the library for more research.

After enormous pressure from a few of my friends (Molly, Shari, and Alley), I attended my first Lacrosse Game.  Even though they did not win against Purdue, the Ball State ladies put in a valiant effort.  The final score of theMolly & I game was Purdue 11, Ball State 2.  The most difficult part about watching the game was that no spectator really had an idea as to what the rules where, making it a true learning experience. So I did a little research and for your convenience I added the official rules below.

Official Rules from the US Women's Lacrosse Association...

Women's lacrosse is a non-contact game played by 12 players: a goalkeeper, five attackers and six defenders. The object of the game is to shoot the ball into the opponent's goal. The team scoring the most goals wins.

Women's lacrosse begins with a draw, which is taken by the center position. The ball is placed between two horizontally held crosses (sticks) at the center of the field. At the sound of the whistle, the ball is flung into the air as the crosses are pulled up and away. A draw is used to start each half and after each goal, and it takes place at the center of the field.

The collegiate game is 60 minutes long, each half being 30 minutes. The high school girl's game is 50 minutes long, each half being 25 minutes. In both collegiate and high school play, teams are allowed two timeouts per game (including overtime).

Women's Lacrosse 

There are visual guidelines on the side of the field that are in place to provide a consistent indicator to the officials of what is considered the playing field. The minimum dimensions for a field is 120 yards by 70 yards. Additional markings on the field include a restraining line located 30 yards from each goal line, which creates an area where only a maximum of seven offensive players and eight defensive players (including the goalkeeper) are allowed; a 12-meter fan, which officials use to position players after fouls; and an arc in front of each goal, considered the critical scoring area, where defenders must be at least within a stick's-length of their attacker.

The boundaries are determined by the natural restrictions of the field. An area of 120 yards by 70 yards is desirable.

When a whistle blows, all players must stop in place. When a ball is ruled out of play, the player closest to the ball gets possession when play is resumed. Loss of possession may occur if a player deliberately runs or throws the ball out of play.

Rough checks, and contact to the body with the crosse or body, are not allowed.

Field players may pass, catch or run with the ball in their crosse. A player may gain possession of the ball by dislodging it from an opponent's crosse with a check. A check is a controlled tap with a crosse on an opponent's crosse in an attempt to knock the ball free. The player must be one step in front of her opponent in order to check. No player may reach across an opponent's body to check the handle of a crosse when she is even with or behind that opponent. A player may not protect the ball in her crosse by cradling so close to her body or face so as to make a legal, safe check impossible for the opponent.

All legal checks must be directed away from a seven-inch sphere or ""bubble"" around the head of the player. No player is allowed to touch the ball with her hands except the goalkeeper when she is within the goal circle. ATip Off change of possession may occur if a player gains a distinct advantage by playing the ball off her body.

Fouls are categorized as major or minor, and the penalty for fouls is a "free position." For major fouls, the offending player is placed four meters behind the player taking the free position. For a minor foul, the offending player is placed four meters off, in the direction from which she approached her opponent before committing the foul, and play is resumed. When a minor foul is committed in the critical scoring area, the player with the ball has an indirect free position, in which case the player must pass first.

A slow whistle occurs when the offense has entered the critical scoring area and the defense has committed a major foul. A flag is thrown but no whistle is sounded so that the offense has an opportunity to score a goal. A whistle is blown when a goal is scored or the scoring opportunity is over. An immediate whistle is blown when a major foul, obstruction or shooting space occurs, which jeopardizes the safety of a player.

Go for the Goal

Well midterms are over that means it's time for course request (selecting classes for next semester).   It has always amazed me how early you need to sign up for classes but, I suppose if you are scheduling 19,000+ students it takes some time.  Being a senior Entrepreneurship major is very easy to pick classes since they are all planned out.  For this spring I only have two more major classes to take and one more business core class to take.  In addition, I have to take a random elective outside the college of business to meet all my graduation requirements, so I'll pick an easy one.

Even though picking classes is easy for me the investigation work is just as hard as anyone else.  When I say "investigation" I mean searching for a professor that is a best fit.  This entails calling, e-mailing, and asking everyone I know.  I like to find out what is the professor's teaching style, how many tests, how much homework, etc.  It gets really tough when the university does not list the professor's name then you have to take a gamble, but that is just like an entrepreneur....taking a risk!

If you would like to read about entrepreneurship courses click here.

 

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