The IME Asia course is now enrolled and all lights are green re: our May/2014 trip. There are still 1-2 slots available if you'd like to join us. Many thanks to everyone who helped us market the Info Session and the experience. www.ime-asia.weebly.com
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Here's a 10-minute segment discussing the merits of the Flipped Classroom on Radio Entrepreneurs. Enjoy the Thanksgiving holiday.
Congratulations to our 18 teams of MBA students who turned in some stellar work on Friday for our Business Planning and Entrepreneurship course. We've spent all weekend reading their Plans and writing comments, and their two competitions begin the first week of December (Elevator Pitch and Finals). Listen to this Radio Entrepreneurs link to learn more.
Thank you to so many of you who emailed me asking for clarification. Here are the 2 course descriptions:
International Entrepreneurship (MD844.01), (3 credits) Prerequisites: None Monday evenings, 7:00 - 9:30 pm The process of launching a venture, or working for an early-stage company is exciting and also overwhelming. Operating that same business on an international level brings with it an added level of complexity, exhilaration and, at times, frustration. Over the course of the semester, we'll examine more than fifteen countries on five continents, and analyze operations at each stage of the entrepreneurial process. Some will end up becoming (or already are) public corporations, larger rivals will acquire others, and some will cease operations entirely. We'll discuss market entry, forming alliances, negotiations, managing growth and cross-border financing. Support from local governments, and the cultural, ethical, legal, and human resource issues facing the entrepreneur will also be touched upon. This is primarily a case study based course and each year I develop new content (i.e. cases and readings) exclusively for use in the class. Based on a successful pilot program several years ago, this class now features dual enrollment each year by students from BC's Law School. Their contributions to the discussion bring an interesting perspective and dynamic to the course. Class meets on Mondays, 7:00-9:30 p.m. on main campus (building and room TBA). The first class will be held on Monday, January 13, 2014. Gregory Stoller Entrepreneurial Finance (MM804.01), (3 credits) Prerequisites: None Tuesday evenings, 7:00 - 9:30 pm Regardless of which career path you choose, a comprehensive understanding of finance is an essential ingredient in the "recipe" for business success. No longer can the assumptions underlying financial projections be treated as "black boxes." In many cases, the answer is less important than the analytical process used to calculate it. This course is designed for students who may at some point be interested in pursuing managerial careers in the entrepreneurial sector, and covers the development of financial and business skills to identify, evaluate, start and manage new ventures. This is primarily a case study based course and each year I develop new content (i.e. cases and readings) exclusively for use in the class. Based on a successful pilot program several years ago, this class now features dual enrollment each year by students from BC's Law School. Their contributions to the discussion bring an interesting perspective and dynamic to the course. Class meets on Tuesdays, 7:00-9:30 p.m. on main campus (building and room TBA). The first class will be held on Tuesday, January 14, 2014. Gregory Stoller Cliché or not, he—or she—who has the money...usually gets to make the rules. Except...when things don’t go as planned. Venture Capital, Private Equity, Bank Loans, Credit Card Bootstrapping...as you acquire funding for your business, your obligations go up faster than your cash flow. If you don't keep up your end of the bargain, you won't be getting any sympathy, no matter what the excuse is. Episode #8 (Investing and Cash Flow) is now on-the-air. The full 30-minute episode is here, featuring Don Nelson, Aaron Cai, Ben Littauer and Dan Weller. Click on their names below for the individual interview segments. Continuous business improvement for start-ups, and established ventures: The Language of Business. To facilitate viewing in mainland China, please use the link below: Full Episode #8, non-YouTube version Don Nelson Donald Nelson is a co-founder and Managing Director of Harken Capital. Previously, Don founded NelCap Advisers in 2007, and spent nearly a decade with SV Life Sciences. He initially served as an investment professional and CFO, and was then promoted to Head of Fundraising and Fund Strategy. Don was responsible for raising SV Life Sciences Funds III and IV, which constitute nearly $1.0 billion of the $1.6 billion of private capital under management by SV Life Sciences. His company's web site is here. Aaron Cai Aaron Cai is a seasoned professional with experience in technology and investment research, global value chain development, and process improvement and control. He has worked in Utilities, Electrical/Electronics products, and Investment Management industries and his goal is to combine operations and investment management experiences and his specialties are in Capital Goods, Fundamental Analysis, Global Sourcing, Process Improvement, Program Management; Research, analyze, identify and manage Global, Technological Investment Opportunities, Financial Statement Analysis and Modeling. His LinkedIn profile is here. To facilitate viewing in mainland China, please use the link below: Aaron Cai interview, non-YouTube version Ben Littauer Ben Littauer is an angel investor with expertise in Internet and communications technologies, as well as healthcare IT. Currently an active member of Boston Harbor Angels and Walnut Venture Associates with investments in a wide variety of startups, he sits on the boards of two portfolio companies. He is a mentor for Mass Challenge and The Capital Network, and is on the advisory board at TCN. Mr. Littauer is a judge for Mass Challenge, MITX Innovation Awards, and various academic competitions. Mr. Littauer was Technology Strategist for Beth Israel Deaconess Medical Center in Boston, where he defined the architecture for PatientSite, allowing patients to communicate securely with their healthcare team and view their own medical records. He was a consultant to the Massachusetts Health Data Consortium on healthcare data security projects. His profile is on this link. Dan Weller The Weller family has been in carpeting for three generations. Mike Weller spent many years in Boston, working for Warren Allen, a carpet distributor in New England. Mike's son, Bob Weller decided to carry on the carpeting tradition and in 1954; he started Robert Weller Corporation, a carpet conversion factory located on A Street in South Boston. Bob would purchase carpet remnants from the various carpet mills and convert these remnants into first quality area rugs. To this day, we are one of the last of our breed in the northeast, supplying much of New England with the highest quality area rugs. In 1999 Bob's son Dan joined the company and is now the acting president. The company has enjoyed steady growth in our wholesale division and astonishing growth from our retail division. In 2000, Weller Carpets was faced with a decision - with the continued restructuring of the South Boston Waterfront, Weller Carpets would be forced to relocate. After a long search, we first resettled in Avon, MA, and then finally here in Norwood, MA.. Here's his company's web site. We were excited this past weekend to host the General Manager of our ICP Asia consulting partner, China Consultants of Advisory and Financial Management (CCAFM). We'll be bringing our graduate business, finance, law and social work students to Beijing in January / 2014 for the 11th consecutive year. Here's a picture of our students dining together for lunch (and reprinted with permission).
IME Asia Info Session coming up on Tuesday night. Please join us!
Students interested in learning more about the Spring 2014 travel study courses are invited to attend an information session to be held on November 12, 5:30pm – 6:45pm, in Fulton 150. At this meeting, you will have the opportunity to learn details about the upcoming trips (including travel dates and expected costs), course requirements for each course, as well as financial aid options that are available to those who enroll in one of the courses. 2014 IME ASIA DESTINATIONS: Beijing, Seoul, Hong Kong, Ho Chi Minh City. Cliché or not, he—or she—who has the money...usually gets to make the rules. Except...when things don’t go as planned. Venture Capital, Private Equity, Bank Loans, Credit Card Bootstrapping...as you acquire funding for your business, your obligations go up faster than your cash flow. If you don't keep up your end of the bargain, you won't be getting any sympathy, no matter what the excuse is.
Episode #8 (Investing and Cash Flow) will be airing on Tuesday and will feature two, in-depth studio interviews, a Skype interview with a Chinese executive, and an on-location shoot at an entrepreneur's company. Continuous business improvement for start-ups, and established ventures: The Language of Business. Congrats to full-time MBAs Matthew Person and XiaKai Cheng, evening MBAs Matthew Trainor, Joseph Mooney, and Stephen Cromack and full time MSF student Zhen Wang. They were selected to represent Boston College in February/2014 at Babson's regional VCIC competition. Presenters were Ryan Traeger, Chris Thorpe and John Francis and thank you to judges Don Nelson, Minde Kornfeld, Alan Goldsworthy and John Murphy. A terrific afternoon. Pictures below re-printed with permission. |
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Useful links: CCAFM is our international consulting partner in Beijing, China. They're smart, creative, honest, successful business people. Ms. Beth Goldstein is a good friend and doing some great work in the entrepreneurship space. Check out her blog. Mr. Yuya Kiuchi is a periodic guest blogger on this site, originally from Tokyo, Japan. Check out his personal page or Wikipedia profile. Mr. Samir Jaluria was one of our standout students in the full-time MBA Program at Boston College, and is a periodic guest blogger on this site. He is currently a management consultant and freelance writer. Check out his LinkedIn Profile. Mr. Jeffrey Ross, managing partner of Glenoe Associates LLC has owned or operated 6 businesses: Retail, hotels, distribution, fast food and assisted living. Jeff's a Mentor for my Business Planning course. |
The Language of Business |
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