Dolphin Quest Eco-Lodge is currently looking for student brand ambassadors, and retreat organizers that can bring down groups of people for experiential learning retreats focusing on environmental sustainability practices, yoga, permaculture, biology and wildlife protection. Must be very proactive and have proven leadership skills and some travel experience. Commission based incentives are available for qualified organizers.
For more information on how to become a part of NEOSVF, click here!
Jyoti Bansal struggled through our immigration process for several years so he could get a green card and start his own venture. He now has created over a thousand jobs in the U.S. with his company APPDYNAMICS. HE sold the company to Cisco for 3.7 billion dollars and began several other projects. He was denied 20 times when trying to fundraise for his first venture but he did not give up. He eventually raised $220 million and then received multiple offers to buy his company just days before a planned IPO.
With all of Jyoti's hard work over the years he learned a few key things to starting up. The first start-up he was working for was started by PHD's at top universities with cutting edge technology. What they failed to do was find their market segment. The technology will not be relevant if it is not solving anyones problem. At his second start-up, the company grew to 15 million in revenue but then they stalled. What he quickly realized was that if you are not constantly evolving with the ever changing consumer market then you will fold. IF you want to read more about Jyoti's experience as a CEO check out the link below!
Event 38 Unmanned Systems
This company builds drones, optical sensors, and drone data analysis software for individuals, businesses, and researchers. They participated in our student venture fund program where they competed for twenty-five thousand dollars. During the program they enjoyed the experience they had with the students and also they benefited from the financing because it allowed them to invest in a new service offering.
You can find them working hard on South Main Street Akron. Currently they are working on new project models but have been selling their aircraft commercially for several years now. Very soon they will be releasing a new aircraft which they've designed and manufactured from composites themselves. It will allow them to carry payloads longer distances. What separates them from their competitors is that they focus on software and safety. They have certain processes, automated checklists and other safety features that make their aircraft distinct."It is more than just assembling a model plane and adding autopilot" says CEO and founder Jeff Taylor.
The company mostly benefits from small and medium size surveying companies as they can gain access to larger projects without the cost of investing in a manned aircraft. They are building this company to bring the benefits of unmanned aircrafts to their clients. Lastly a fun fact about Event 38 is that the name comes from a NASA safety requirement for an Iridium radio to verify that it would not drown out the the ISS's emergency satellite phone if it malfunctioned. Jeff Taylor worked on that requirement back when he worked at SpaceX and the name just stuck with him.
It was great catching up with Event 38 and we hope it continues to grow and do great things for the economy in Northeast Ohio!
To learn more about student opportunities in NEOSVF, click here!
There are many things a workplace can do to assure it is creating a lasting structure based on culture, trust, productivity created. That being said, I'm going to just give you the five most important ones.
1. Take a look at your on-boarding process. The first few weeks or months of any company will set the tone for any new hire. This holds even more true for remote workers. They have a hard time digesting company information in the same way a traditional worker would, so having a good onboard process is essential to maintain culture and productivity. Encourage employees to have virtual hangouts even. Anything to show the good the company has to offer to those who might begin to feel otherwise.
2. Set clear objectives. Making sure that all task and goals that are assigned to remote workers are aligned with the companies overall goal. Having weekly meetings will hold everyone accountable since they will know what they need to have done or have started by the midterm of each week. Monitoring your employees in this manner will prevent anyone from having an unreasonable excuse for their lack of quality work.
3. Use the right tools and programs. Adopt software and tools that will make it seamless to communicate and share with remote workers or workers who are traveling often. Communication tools like Telegram, Slack, or GroupMe are often used in workplaces to get quicker responses from a single person or a division of a company. Then there are project management tools that allow you to manage task and view the scope of the project along with the progress. Finally you could even implement more advanced technology such as "Meeting Owl". Meeting Owl is 360 degree conferencing camera that auto shifts to the person speaking.
4. Lastly and certainly not the least important, have fun. This is a concept that many people ignore in a workplace. In person contact goes a long way. Your workplace becomes your second home because that is where you spend half your day. People develop strong bonds that make their days more enjoyable. If you do not have that sense of comradery it will make it hard to go into a job everyday or even want to work for people that you feel have no concern for you and your life outside of work.
Making sure you've prepared your in-person pitch is one of the easiest things you can do to give investors a good impression of you and your start up. Preparing includes practicing and anticipating potential questions you might be asked.
allBusiness did an article on 10 Reasons Why your Startup Idea Sucks and Won't get Funded, not having solid answers to investor question is reason #3 on the list.
Questions for Startups
check out the full article on allBusiness, here!
University of Akron, Class of 2018
Marketing Lead/Customer Success Manager of New Territory, LLC
A group of Cuyahoga County economic development organizations is taking as much advantage as possible of an expected rush to turn capital gains into tax-sheltered investments in target neighborhoods. The Opportunity Zone legislation was created to allow for a larger net of financing, especially equity investments in startup or early-stage businesses. "The Economic Innovation Group, the Washington, D.C., think tank that helped shape the Opportunity Zone legislation in 2016, estimated there is $6.1 trillion in unrealized capital gains to investments in distressed communities." The group, under the banner "Opportunity CLE," has put together an investment prospectus and is developing a website and digital portal to attract both local and national investment to federally designated census tracts considered economically distressed. It also wants to ensure the investments have as much of what the group calls "social impact" as possible.
Come up with a business idea
1) Focus on your strengths
You know what they say, if you do something you love, you'll never have to work a day in your life. Starting your own business takes an incredible amount of work but if you enjoy what you do, it'll make it so much better. What do you like to do? Hobbies? Interests?
2) Find a problem and solve it
People with problems need a solution, simple as that, the solution is your business plan. Start with a list of common problems and problems that personally frustrate you, it's very likely they're problems for other people.
3) Find a need and service it
Similar to finding a problem, do you see a need addressed? If you see a business that doesn't meet the need of its consumers? Is there a need in the area that is not being met by businesses in the area? If you see the opportunity of a missing business, take it.
4) Be a forward thinker
Technology and business tend to think ahead of the curve. Ask yourself "What's next?" Can you predict a possible problem or need that might come around once technology gets to that point?
5) Do it better
Do you see a business model that you can apply to a different industry? Is there something you can do better? Are there products you can sell cheaper? If your business model is better, faster, cheaper or newer - you have a much better chance of a viable business.
Check out these articles for more information on thinking of a new business idea!
How to Come up with Hundreds of Business Ideas - https://articles.bplans.com/business-ideas/create-hundred-of-business-ideas/
How to Come up With a Great Business Idea - https://www.thebalancesmb.com/how-to-come-up-with-a-great-business-idea-1200813
What Are The Best Ways To Think Of Ideas For A Startup? - https://www.forbes.com/sites/quora/2013/05/08/what-are-the-best-ways-to-think-of-ideas-for-a-startup/#763ecbf87b82
5 Places To Get Ideas For Starting Your Next Business https://www.forbes.com/sites/neilpatel/2014/10/06/5-places-to-get-business-ideas/#30ded8fc733a
Walsh University, Class of 2020
Manager/Son - Dels WingsnThings
Job Title: Process Manager
Reports to: Executive Director
Time Commitment: 10-15 hours weekly / summer (paid internship)
About Northeast Ohio Student Venture Fund
The Northeast Ohio Student Venture Fund(NEOSVF) is a 501(c)(3) non-profit venture development organization that gives entrepreneurial graduate or undergraduate students from higher education institutions an opportunity to better understand new ventures through experiential learning opportunities relating to entrepreneurship, venture capital, technology commercialization, and economic development. The fund is also focused on investing in high-growth potential, tech-based startups in Northeast Ohio. The fund has invested in 18 companies. The fund is aimed at getting a long term return from a company that will actually make meaningful growth with the capital they are awarded.
This internship will challenge you to think entrepreneurially and bring meaningful ideas. Network with the Executive Director, startups, potential investors and students to promote NEOSVF across the Northeast Ohio entrepreneurial ecosystem.
Knowledge, Skills, Abilities
To apply for this internship, click here!
College of Wooster, Class of 2019
Case Western Reserve University & Weatherhead School of Management, Class of 2020
"If you thought you knew the ins and outs of starting a business before, you were wrong."
Tell us about yourself.
I have started an Internship with the Northeast Ohio Student Venture Fund. I had the opportunity to work with a healthy pet treat start up.
Overall, I have been getting involved in a lot of opportunities that train you to think more entrepreneurially.
What advice do you have for students interested in entrepreneurial pursuits?
There is no such thing as a dumb question. There are no shortcuts to success but there is also no clear path to it. This requires you to not be afraid to fail.
How did NEOSVF prepare you for an entrepreneurial lifestyle?
It helped me realize that people questioning you isn't them attacking you. So I have learned to take intense questioning with more grace.
Barmate - EST. FEB 2018
What does your company do?
Provides data and metrics of bars marketing efforts to the bar owners through an application so that they can provide a more exclusive experience to consumers through our consumer application.
We plan to participate in a program referred to as I-Corps in hopes to get feedback on customer discovery.
To find out more about getting involved with NEOSVF, including networking opportunities, leadership positions and internships, click here!
Creating a social media account means you have a goal for that account. As a startup, the goal of your social media is to make an impact and get your message across to your audience. Unfortunately, the world of social media is a competitive area, but with a little help and effort your startup has the potential to succeed on all accounts.
Step 1: The Basics
Start by making sure your company’s username is simple, the logo is unique, and you have a hashtag that people can follow. Even if your company has a lengthy name, shorten it for social media by using a keyword from the title or an acronym, if it is simple and easy to spell then more people will be able to find the account. A unique logo is always going to be attention grabbing. Be minimal, use bright colors, and do something to make sure your logo and profile image stand out among the rest. Finally, a hashtag is not necessary, but if you want a single place for all your content and the posts people create about you, a company hashtag is the solution. This gives people just learning about your company something to focus in on and rely on for updates. Similar to the username, keep it simple and easy for your audience to find.
Step 2: Be Original
Figuring out what to post to social media is one of the most difficult parts, but the best posts are always the ones you create yourself. As a startup you cannot rely solely on retweeting other companies and organizations to fill your timeline. A good rule to follow is 80 percent created content and 20 percent curated content. The posts that get the most attention are typically the flyers, images, and videos you create yourself to enhance and promote your company. If you’re new at this, worry not. Twitter analytics, Hootsuite, and Canva are a great [and free] place to start. Even if you are linking to an article written by someone else, make the caption you post with it all your own because that is what people will be seeing first.
Step 3: Retweet and Tag Away, it’s Okay
Although you cannot rely only on this, retweeting influencers in your business and even tagging them in relevant posts is a great way to get your name out there. Not only does this get your name in their notifications, but if they like what they see the chances are they will be liking the post or reposting your content themselves. This will get you noticed by an even larger audience and potentially create a snowball effect, leading to more people finding your account and creating a greater following for you.
Step 4: Be There or Be Square
Do not slack on your social media. The greatest downfall to anyone’s, but especially a business’, social media is not being active and letting the account die. Be consistent with your posts and interact with your followers and those you follow. It is beneficial to be checking your social medias multiple times a day and be liking and reposting others content, simply to show that you are active on the accounts. It is also worth taking the time to pick a few days a week where you will post original content for your followers. This shows reliability to your audience and gives them something to look forward to on those days.
Step 5: #Goals
All of these marketing steps are going to enhance and grow your account, but unless you are tracking your success, what’s the point? As you start your company and as you continue to grow, it is important to set goals you want to reach throughout the year. Whether this is hitting a certain number of followers, number of likes, or number of retweets, it is essential that your company puts in the effort to track these numbers and see which posts are helping the most to reach these goals.
Go ahead and tag @NEOSVF in your posts, we’ll help your snowball start rolling.