Entrepreneur Education Series Part 1 Event Highlights

Posted:  July 13th, 2012 by:  YPN MIami comments:  0

 PROFESSIONAL DEVELOPMENT COMMITTEE
Entrepreneur Education Series
Thursday, July 12th, 2012

YPN Miami and Florida International University’s Pino Global Entrepreneurship Center  hosted Part I of the Entrepreneur Education Series. Part I featured a series of expert entrepreneurs which focused on the the introductory phases to entrepreneurship & surviving the first few years. Part II, scheduled for August 15th, 2012, will be a more advanced discussion for those who’ve been in business longer than 3 years.

If you attended the workshop, please take the time to complete the post-event survey so that we may know how we can be of assistance or help connect you with the right people as you launch and grow your business.

Panelists

– Felecia Hatcher, Founder, Feverish Ice Cream
– Joshua Blank, President, Miami Seedlings, a business incubator
– Bob Arnold, Esq. Attorney, Victoria Law Group
– Ana Harris, Founder, Cela Advisors, an investment advisory firm
– Marco Scanu, High Performance Business & Executive Coach, 345 Group
–  Melissa Krinzman, Managing Partner, Venture Architects


The workshop covered the following topics about startup resources and best practices for becoming an entrepreneur and being successful:

Becoming an entrepreneur
Know yourself.
Business planning is essential.
Manage your expectations.

Key essentials in starting a business (step by step)
Business startup and development
Accountability
Don’t be afraid to fail or fear failure. Overcome it and move forward.

Business plan vs Strategic Plan
Business plans are history.
Executive summary and investor presentation are the real door openers!

Preparing business financials & developing a marketing plan
Do the financials first using the many resources in South Florida to help with the financial projections.
Ask questions and consider creative or alternate sources of funding i.e. crowd funding, Miami Bayside Foundation

Legal structures
Retain experts in area of needs. Outsource what you need and focus on your strengths.

Across the panel, it was said to have a mentor, or two, or three. It is vital to ask questions and listen intensely to what others are saying and not saying. More importantly, love what you’re doing, if not go back and find a job.

Other shared ideas and tips included:

– Advisory boards
– Community resources
– Following-up
– Be humble
– Be flexible
– Consider partnerships, nothing is done alone

Felecia Hatcher of Feverish Ice Cream said it best: “A recession is a terrible thing to waste. There are tons of opportunities out there even in a recession.”

Once again, thank you ALL for sharing your knowledge.

A leader is one who knows the way, goes the way, and shows the way. John C. Maxwell.

Program Contacts:

Karyne Bury
FIU Pino Global Entrepreneurship Center
Marketing and Events Coordinator
E: kbury@fiu.edu

Fabiola Fleuranvil
YPN Miami, Communications Chair
E: Fabiola@ypnmiami.com

Youseline Poteau
YPN Miami, Professional Development Chair
E: Youseline@ypnmiami.com

Chaynea Fox-Sampson
YPN Miami, Professional Development Co-Chair
E: Chaynea@ypnmiami.com
 

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