Fellows + Community

Tuesday, August 23, 2011 by Abbey Wilson
 Tomorrow is certain be a gloomy day. In addition to the fact that local meteorologists are predicting rain and stoms, it also happens to be the day DePauw University begins classes for the 2011-2012 (wait, 2012!?) school year. While many friends (including my younger sister) enter the historic halls of Abury and the bright, welcoming rooms of Julian, I'll be at my desk weeping silently for the past 4 years that passed all too quickly and have left me counting PTO days for the rest of my life.

Perhaps I'm being too dramatic. Because alas, after graduating and being placed at a high-growth startup, I have something many of my DPU peers do not: The Orr Fellowship. This past weekend 40 of us "roughed it" in the deep woods of Martinsville, gathering to solve important issues with exercises such as capture the flag and campus golf. Oh, we had bonfires and smores, too.

I got to know many of the Fellows better during our stay in the middle of nowhere (no disrespect), and I continue to admire and appreciate each Fellow's unique talents and experiences. Each Fellow is so unlike the next, yet the group of us shares many key characteristics that defines our interest in high-growth Indianapolis companies, entrepreneurship careers and post-graduate networking.

This weekend showcased an ever-present human element to the Fellowship: accomplished, smart people with great ideas who also happen to be friends that get along, dance and cook together very well. Hearing this Fellowship community existed sold me on applying last Fall and now I'm experiencing it first-hand.

We can't wait to meet new faces interested in technology and business jobs in Indianapolis, because we're partners with some of the best places to work in Indiana, and because we're looking for more fun people to do fun things with :-)

Email me at abbey.wilson@orrfellowship.org or follow me on Twitter if you want to know more!

2011 Orr Fellow: Mark Rees

Tuesday, June 21, 2011 by Fellow Stories
Name:  Mark ReesMark Rees
Alma Mater:  Indiana University
Major:  Economic Consulting, Public Policy, and Entrepreneurship
Host Company:  Slingshot SEO
Hometown:  Fishers, IN

Bio:
I'm a classic achiever (note: this is different than an "over-achiever").  I do things just because they exist and I subscribe to a "go big or go home" philosophy.  I'm the second child in a family of six and also want to have a big family someday.  I'm currently engaged to the most beautiful woman in the world, Megan, who is also my high school sweetheart.  I love learning and being challenged; if I'm not challenged enough I will devise my own hurdles just so I can jump over them.

Why did you choose to be a part of the Orr Fellowship?
Every time I learned more about the Fellowship I felt a stronger fit in the organization.  Everything anyone told me about their experiences excited me.  I've been told countless times creating a network will be critical to my success; the Orr Fellowship was instant access to a huge network of people who shared my goals and interests.

What are your long-term career ambitions?
Eventually I want to start and run my own business.  I don't have any details about what exactly I want to do because I don't know yet.  I want to gain as much experience as I can and then when a good opportunity arises I will be able to use what I have learned to capitalize on it.

What will your first role be at your host company?
I will be working to develop and measure the marketing strategy at Slingshot SEO.  I will implement Marketo, an extension of Salesforce.com and use tools to measure the effectiveness of marketing.

Just the facts:
I love cycling and running.  This year I will be riding in the Little 500 at IU.  In the summer months I run a landscaping business I started when I was 17.  I occasionally race my 99 z28 (full suspension mods and headers), but recently I've placed a higher priority on bike races than car races.

Indianapolis Startup Scene

Saturday, January 8, 2011 by Kate Carrico
A recent article by the Indianapolis Business Journal (IBJ) highlighted multiple events and happenings in the Indianapolis area that point to the ever-growing entrepreneurial community here.

The article discusses Hackers and Founders, a monthly meetup that brings entrepreneurial-minded people together to hear three business pitches for high growth start-ups. Organized by Matt Hunckler, a current Orr Fellow, the monthly gatherings now reach around 200 people! From experienced entrepreneurs like Chris Baggott to young people such as current Orr Fellows and everyone in between, these meetups offer a chance to network, bounce ideas off one another, and learn about running a start up company -- all while enjoying food and drinks! If you're interested in starting a career in entrepreneurship or have an interest in the startup scene, this event is not one to miss.

The article also gave a shout out to the Orr Fellowship for its ability to bring young entrepreneurs to Indianapolis to work entry-level jobs in startup companies. This year, we've grown the Fellowship once again by taking nearly 30 new Fellows working for around 20 companies. By bringing some of the best and brightest recent grads to the Indianapolis area, the Fellowship is doing its part to keep fueling the entrepreneurial fire.

We're excited to see what 2011 has in store for each of us, the Fellowship as a whole, and the Indianapolis entrepreneurial community!

No Tree Luggers This Year?!

Wednesday, January 5, 2011 by Allison Bowen
Yes folks, you read that right.  Unfortunately, the Orr Entrepreneurial Fellowship is not taking on the challenge of lugging trees.  You may think that it's because our new Fellowship class just couldn't cut it.  While you might be correct (I'm a second year Fellow, I can say that, right?), the reality is that this wonderful program just didn't fit this year.  

With the expansion of our new class, we've begun growing in other ways.  For example, our business meetings just keep getting better and better - Gov. Mitch Daniels, Ellen Annala (CEO of the United Way of Central Indiana)...  And more!  Not to mention, we've all been incredibly busy with each of our high growth start-ups.  Your first job is never easy, but since we are all holding a full-time position in such fast-paced and growing companies, our jobs keep up hopping even more.

So you may be wondering, what in the world will you do with your tree this year without Tree Luggers?!  Here are a few options that we've been able to locate around the city:

The Indy Parks recycling locations:
http://www.sustainindy.org/press-events.cfm?news_id=356  
- This is a list of the recycling locations – individuals wanting to recycle their trees here will need to bring the trees there themselves or find another group/company who is offering a pick-up service.
 
Pick-up: Simple Mans Tree Service
http://www.smts.us/  
- Pick-up is $20. (Yes, we checked and they are highly rated on Angie’s List!)

Thank you to each and every one of you that has chosen to take part in Tree Luggers in the past.  We certainly appreciate your generosity and could not have done it without you!  Through the years we've been able to make some great donations and help out many worthwhile causes.

Keep an eye out in the future...  Just because we're busy with our entrepreneurship careers doesn't mean we won't be taking the time to stop and help others!
 


Meeting a "Thought-Entrepreneur"

Monday, October 18, 2010 by Felix Lukose
I concede that I am a nerd. No contest. As a friend recently put it, I "got to meet my Taylor Swift."

Prof. Steven Levitt, co-author of Freakonomics and Superfreakonomics was a recent speaker at Purdue for the Krannert Leadership Speaker Series which I had the privilege of attending and covering (article here). Aside from being a personal hero of mine, he has been heralded as the "Indiana Jones of Economics" by the Wall Street Journal. Time named him to the "Top 100 People Who Shape Our World" in 2006.

The man embodies everything that is entrepreneurial, minus the directly creating a business part. He has made a career out of challenging conventional wisdom and taking a moment to step back, and look at common problems at a slightly different angle. Isn't that essentially what an entrepreneur aims to do? Creating a need, solving a problem, explaining the abnormal, defining a connection, etc.

How does he apply to entrepreneurship careers? Like his father, he set out to answer the questions that others in their respective fields failed to. Therefore, he doesn't consider himself a "real" economist, but something gives me the feeling that he is OK with that. As members of the Orr Fellowship, placed in fast paced jobs, Fellows thrive on innovation. Whether it is expanding our role within our host organization or bouncing off ideas with other 20-somethings, I would like to think that we are trying to ask those unasked questions and seeking answers to ones that have been given up on.

If I learned anything from Prof. Levitt, it's that a key element to creating an industry is questioning the norm. Figuring out whether the way something has been done is in fact the best way to do it. Taking something that is granted and proving its worth.

It's that time of year again...

Friday, October 1, 2010 by Skip Tokar
That's right, its job application season again. Its the annual time of year that college seniors come to the realization that undergrad school is going to end and they have to do... something. Some people pursue graduate schools while other focus on Entrepreneurship Careers, Indiana Job openings, or even graduate fellowships (possibly the Orr Fellowship...); however, all eventually come to the realization that they need a great resume. 

I am no resume expert but I picked up a couple of tips and tricks back in the day that I am willing to share with my numerous dedicated readers. You might be saying to yourself "Who is this guy and why does he think he is even remotely qualified to give me tips?" This is a valid point, but, if you apply to the Orr Fellowship, I could be the person reviewing your resume and my tips worked out pretty well for myself. So just sit back and let my insightful resume knowledge engulf you.

In no particular order here is a sampling of my vast resume understanding:
  • When putting your GPA on your resume go to a maximum of 2 decimal places. If you Major GPA is significantly higher than you cumulative GPA then list that as well (it needs to be obvious that that is specifically your major GPA) 
     
  • Don't be afraid to include distinguishing experiences. This could include time studying abroad or brief descriptions of your more complicated projects/papers. Just make sure that these things fit in the natural flow of your resume and are not under or overstated.
     
  • Do not include stuff from high school, unless they are so ridiculously outstanding that there is no way you could sleep at night knowing that potential employers had no idea how great you were in high school.
     
  • Make sure your experience/work history is organized logically. Ideally these sections will flow chronologically because if you planned things correctly, each job/internship builds on the last one, hopefully leaving your most recent experience as the crown jewel on your resume. In addition to this, avoid time gaps in your employment.
     
  • One of my biggest pet peeves is when a person just puts "selected" or "completed" said internship on their resume. If it is on your resume I know you worked there and eventually completed the job/internship/program. Your resume needs to be about what YOU have done and what results YOU achieved. No company is going to hire you just because you were selected to participate in a particular program. Companies want to see how you progressed trough an internship and the impacts that you made while there. Sometimes showing how you went about something is just as important as the results. Interviewers know that summer jobs/internships are typically not long enough to make any really significant gains, but they want to see that you have demonstrated the aptitude to get things done.
     
  • Make sure you don't sell yourself short or embellish your accomplishments. A lot of times it is plain to see that a person has done some pretty significant work, but their resume does not reflect upon these accomplishments. If you have done impressive things make sure it is known. On the other hand, people can tell if you are trying to make something appear more significant. You don't want to claim more than you really did or use synonyms for every word.
     
  • Don't leave dangling words on a line. You should either add words or take out words so there is not just one word all by itself on a line. This is valuable space, don't waste it.
     
  • Don't make a resume that is more than one page. I don't care how good you think you are, at this point in time you have not done enough to merit more than one page. You only want to include the very best experiences that are most relevant to the position you are applying for.
     
  • There needs to be a balance of good details without jamming some much in there that your resume looks squished and cluttered. You really want your experiences to POP OUT not be hidden in the mess. 
     
  • Be sure to have a good balance of activities and experiences. Companies, especially the Orr Fellowship, want to see that you are a well rounded individual that has done well in school, has had good work experience, has been involved in campus activities, has held leadership positions, and somehow finds time to volunteer.
These are just some of the resume tips that come to mind. I would have written more but frankly I got tired of writing. If you want to make sure you have good career opportunities and don't end up like this guy then follow my advice.

Follow these guidelines and constantly revise and improve you resume. This is a never ending process but if mastered you will really stand out to all the companies that are hiring new grads, which will lead to you getting a great entry level job and, with any luck, ending up like this guy

Until next month...  This has been Skip Tokar (Special Thanks to Editor Bryan Watson) 

A Critical Tool for Building Your Business

Monday, September 20, 2010 by Felix Lukose
In my last blog post, I said that if you want to set yourself up to be as successful as possible, you need to start your own business as early as possible. This is fine and dandy, except for the fact that most people have no idea how exactly to go about doing this.

Having completed the Certificate in Entrepreneurship and Innovation from Purdue, I feel like I have some insight into what it takes to start a business. By no means am I saying I know what it is like, as I have not done so myself. Working in this entrepreneurial fellowship has given me an inside look at some high growth start-ups, including the one in which I work. I have gained exposure to the experiences of some real entrepreneurs my age, as well.

A professor I had for an entrepreneurship class stated very simply the importance of a business plan when he said, "If you take the time to write a business plan thoroughly, you are already way ahead of the countless idiots that are trying to start a business." In 4 years of undergrad business and entrepreneurship classes, I had written over 5 business plans for different fake start-ups. I can't emphasize enough how much they assist in the preparation of the details we never even think about.

When you have what you think is a mind-blowing, earth shattering, whale of an idea for a business, the last thing that crosses your mind is how you get out of that business. It wasn't until I wrote my first business plan that this concept materialized. It seems like a "dark" thing to think about, but having a well thought out exit strategy will come in handy not only if the business fails, but if another mind-blowing, earth shattering, whale of an idea comes to mind, and you need to now focus your energies there. This is just one example of a detail that a business plan will force you to think about.

So what am I getting at? Business is a lot more complicated that most people that go into it realize. There are all sorts of administrative and legal considerations that never cross your mind until they present a obstacle. Unfortunately for a lot of business owners, this point in time also represents a critical failure from which recovery of the business has slim hopes. A business plan helps to hedge against some of these unforeseen circumstances. If starting your own business is among your list of career opportunities, don't even try to do it without writing a business plan first!

Want to impact your net worth? Employ yourself ASAP!

Thursday, August 19, 2010 by Felix Lukose
A study that was conducted at the National Opinion Research Center (NORC) at the University of Chicago for the Small Business Administration's Office of Advocacy has found a positive link between the number of years an individual is self-employed and their likelihood to be self-employed throughout their career. The study, which can be found here, set out to answer some questions as to what sort of things guide an individual to self-employment. They ultimately concluded with some findings that were previously unknown.

They found that those who reported self-employment tend to have parents with higher educational attainment and were more likely to have grown up in a rural area or farm. In addition, early exposure to self-employment increases the likelihood an individual is self-employed in their early and mid-careers. There was an especially strong link between those that indicated self-employment between ages 20-22 with their measure between ages 22-41. The availability of financial resources did impact the probability of self-employment, but by very little. Lastly, every additional year of self-employment increases income and net worth significantly.

So what does all of this mean? Well, if earning potential and entrepreneurship are goals and interests of yours, getting involved early makes a huge difference. The study is basically saying that the more involved with self-employment you are early in your life and career, the more likely it is that you will be self-employed later on, expanding your career opportunities. In addition, you will impact your earning potential more.

We live in an economy that thrives on businesses. There is nothing that stimulates local and national markets more than the success of all businesses, large or small. Our government has called for more entrepreneurial spirit, and those that got involved early will tell you that it's worth it. Most people aspire to work for themselves for a multitude of reasons. Whether you are interested in working your own hours or not having to answer to someone, the allure of self-employment is evident. However, it is not without its challenges.

Many fail in their ventures simply because of a lack of preparation. Having a great idea is one of the most empowering feelings, but there is a huge difference between idea generation and execution. Those that succeed, succeed in execution. A significant portion of that is experience and preparedness. I have gathered from my interaction with entrepreneurs that starting a business is much like trading stocks; you won't learn how to do it well until you get in there and do it yourself. This study seems to punctuate that belief.

How does one get involved early? I know that it wasn't very feasible for me to start my own company. Besides lacking a great idea, I have very little financial means to support an entrepreneurial venture. However, I feel that I have positioned myself to gain experience through the Orr Fellowship. If you are in a similar position as I was, I would suggest exactly the same to you. The path to an entrepreneurship career may begin by taking a job at a small company. Research, and find entrepreneurship opportunities in your local community. Identify some high-growth start-ups and apply for a job there. They may not have a position for you, so get creative and make one! Even offering to serve as an unpaid "apprentice" can get your foot in the door if you have no other options. Working in this environment will be sure to give you an inside look at an entrepreneurial operation.

When you start early, you make mistakes early. Getting those mistakes out of your system and gaining the valuable knowledge that they offer can be the difference between someone who continues down the path of self-employment and someone who has to learn the hard way later on. The earlier you start, the potential number of successful years you have in front of you is greater.





Super Bowl Commercials Sacked by Social Media

Thursday, January 28, 2010 by Blaine Cooper-Surma
If you've had a chance to keep up with the news, one of the recent headlines is Pepsi's decision to strategically re-focus its advertising dollars that have typically been budgeted for the NFL Super Bowl.  Like Budweiser, Coca Cola, and GoDaddy.com, Pepsi has been known to spend millions of dollars in advertisements during this spectacle that reaches millions of viewers every single year.  So where will these dollars be spent this year?  As you might have guessed, this year Pepsi is going with Social Media!

According to the Wall Street Journal, Pepsi plans to focus its advertising strategy on a "marketing platform" rather than blitzing viewers with commercials during this single event.  So, by using social media sites like Twitter and Facebook to reach consumers, Pepsi will be tapping into a virtual world of endless advertising possibilities.  On Facebook, for example, Pepsi can issue invitations to its followers to participate in a poll.  When someone votes, a message will get posted on their personal Facebook page that says they participated in the poll.  This my friends, is what we are referring to when we talk about viral advertising.

     

According to one report, Facebook is a virtual treasure trove for advertisers wishing to target 18 to 49-year olds.  Twitter's numbers are a little lower, but impressive, nonetheless.  Social Media Today, however, noted that 19 percent of adults between the ages of 18 and 24 have used Twitter or something like it, 20 percent between ages 25 and 34, and 10 percent between ages 35 and 44.  These numbers are the reason that Pepsi has reconsidered their advertising strategy. 

So how does this relate to the Bob Orr Entrepreneurial Fellowship?  Well, it just so happens that the majority of our host companies in this entrepreneurial fellowship are start-up technology companies.  Thus, Orr Fellows are taking entry level technology jobs in some of the fastest growing Indianapolis companies.  So what types of things are some of these host companies doing in the social media world?  Well, a 2010 host company, Formspring, has recently reached new heights with their social media application called Formspring.me.  This application is a free, simple service that allows you to create anonymous question boxes for all of your social networks.

Pepsi's migration away from televised Super Bowl ads is a trend we can expect other big companies to follow.  There is far more bang for the buck in advertising online rather than producing and paying for 30 seconds of airtime during one of the most expensive televised events of the year.

For those that don't know much about the Governor Bob Orr Entrepreneurial Fellowship, it is an Indiana-based non-profit organization that provides jobs for recent graduates in fast growing Indianapolis companies.  Whether you're looking to start a marketing career, an entrepreneurship career, or maybe just a career in business, this is one unique fellowship program like no other.

It's Hard To Imagine Doing Something You Hate For A Living

Wednesday, January 6, 2010 by Ally Hill
In the past couple months, I've had the chance to take two pretty spectacular vacations. There were two experiences I'm going to share that insanely enough have a lot to do with entrepreneurship opportunities, and they also showed me that there's no way I will end up doing what I hate for a living.

Experience #1: Accidental Tourist
My sister had the pleasure of studying in Florence, Italy for her first semester of her junior year at IU - and I had the pleasure of paying her a visit. My favorite day out of the week  was a day we chose to embark on a cooking/wine excursion with a company called Accidental Tourist. Turns out the woman who started the company was the one who took us on the tour. She was so incredibly passionate about what she did it was almost weird (kind of like me and HP printers).

We certainly don't have jobs in Indiana that would come anywhere close to what Accidental Tourist does (mostly because Indiana isn't anything like Italy). Their goal is "to show their beloved Tuscany through the back door, to give you the inside story, to take you inside the beating heart of the private homes of Chianti."



Making pasta and being invited into someone's home gave me an idea of what it would be like to live in Italy. I'm not sure what a similar company in Indianapolis could provide tourists...but my point is that this woman started a company and makes a living based on what she loves doing - drinking wine and cooking. And she made it seem so easy.

Experience #2: Indigo Divers
Over New Years, I went scuba diving in Grand Cayman - and again we ended up with an entrepreneur. This time there were two, Chris and Kate. They started a diving company called Indigo Divers in the Caymans about 5 years ago. Rough life.



Since there are so many diving companies in the Cayman Islands they decided that they:
  1. Didn't want to teach people how to dive
  2. Didn't want to take out more than 6 people at a time
In most cases, diving shops will offer lessons and take out huge boats of people at once, so diving with Indigo was much better than the alternative. Their company is very successful.

My Point: I want to do it too
My two entrepreneurial encounters on vacation made me think about what I love doing. I want to be able to start a company that helps showcase my passions as well as my talents - both Accidental Tourist and Indigo Divers did this. The Orr Fellowship is providing me with the initial experience I need at a small Indiana company. However, I know that my business career in Indianapolis will have to be one that doesn't seem like a career.

So if you happen to come across any entrepreneurial opportunities that have to do with eating and sleeping please let me know...just kidding. But seriously, while you're at it please go to our Tree Luggers website and sign up to recycle that Christmas tree! 

Tree Luggers: Giving Back to Our Community

Tuesday, January 5, 2010 by Blaine Cooper-Surma

It's that time of year again; the Holiday Season has passed and in a short amount of time you'll find yourself taking down those holiday decorations that probably cover your entire house.  After you've mustered up enough motivation to finally begin this lengthy process, the last struggle is always the disposal of the family Christmas tree.  However, that's not going to be the case for you this year - the Orr Fellows are here to help!

As a non-profit organization, the Governor Bob Orr Entrepreneurial Fellowship places a strong emphasis on community outreach, civic responsibility, and self-sustainability.  As such, one of our annual fundraisers is called "Tree Luggers" in which we travel around the Indianapolis community collecting and disposing of Christmas trees while collecting donations.  But how does this fundraiser actually benefit the community?  Well, first, we are providing a service that for many people is extremely helpful.  More importantly, though, we offer an incentive to local churches and other non-profit entities that promote our fundraiser to their members.  For all money that is donated to the Governor Bob Orr Fellowship during Tree Luggers, half of the proceeds are given to the specific non-profit that created the referral.  In this way, we are able to assist Indianapolis-based non-profits in funding their efforts.

One of the most important values that the Indiana-based Orr Fellowship promotes is entrepreneurship.  Tree Luggers is a great example of entrepreneurship in action as the Orr Fellows carefully organize, plan, and execute the fundraiser from start to finish.  So what goes into Tree Luggers to ensure its success year in and year out?  Many of the Orr Fellows are "luggers," or those that travel to homes, collect the trees, and then later dispose of the holiday conifers.  Several others use their marketing expertise to help spread the word through social media like Twitter and Facebook, strategically placed fliers in the Indianapolis community, and specified email lists owned by several Orr Fellowship host companies.  We also have fellows that help create partnerships with churches and other non-profit organizations.  Lastly, a couple of fellows take on a financial role so that all donations and referrals are carefully recorded.  To participate in this fundraiser, and save yourself a great deal of time and effort, please sign-up here.  Remaining pick-up dates are:
 

Saturday, January 9th
Saturday, January 16th
Saturday, January 23rd
 

For those that don't know much about the Governor Bob Orr Entrepreneurial Fellowship, it is an Indiana-based non-profit organization that provides jobs for recent graduates in fast growing Indianapolis companies.  Whether you're looking to start a marketing career, an entrepreneurship career, or maybe just a career in business, this is one unique fellowship program like no other.
 

Friday Dinner Rush People

Monday, December 21, 2009 by Nate Bullock
In celebration of the holiday season, @allythill scheduled lunch for the Fellows at a restaurant in downtown Indianapolis. @hunckler and I showed up late, but we probably both wish we hadn't shown up at all. It was a bad dining experience.

12 minutes to get a drink
30 minutes before the food order was taken
50 minutes before the food was served
75 minutes before bills were delivered

On the bright side, I had some time to chat with @YawA about @PocketTales launching their new web app and how he's making the jump from his distinguished post-grad job to an entrepreneurship career. Takes a lot of moxy.

My mind already operates at warp speed. Things jump in my head before I finish a thought. Mitchell Davis and I would be too much to handle. On this particular day of bad service at a restaurant which also had bad food, my mind was racing to find a connection between high growth start-ups (like @PocketTales) and this waiter who seemed to be wasting everyone's time.

Aha moment!

Restaurants give the slow shift to the slow wait staff. Monday is typically the slowest day of the week and lunch is the slowest serving of the day. Since we went on the slowest day during the slowest meal, the odds were against the @orrfellowship having a good service experience. More to the point, while good work is rewarded with accolade, bad work is rewarded with defrocking.

High-growth Indianapolis companies do not like having to defrock their employees due to poor performance. Some of the best places to work in Indiana see applicants present a positive version of themselves during the interview process, but entrepreneurship careers quickly peel away any misperceptions that may have existed after that good interview took place.

The bad news for some on the job market is that many of these startups cannot afford to pay for the 'Monday lunch shift' person. @orrfellowship host companies need good work from talented people NOW; they need the 'Friday dinner shift' person, because every day is like the Friday dinner rush for companies hiring new grads.

Be the 'Friday dinner rush' person today.

Good Failures: Thomas Mason Business Leader Meeting

Friday, December 18, 2009 by Alicia Gaba


 
Last night the Orr Fellowship squad gathered for our December Business Leader Meeting (BLM) with Thomas Mason, Ph.D.  Mason is a Professor of Economics at Rose-Hulman Institute of Technology and is an avid proponent of entrepreneurship in Indiana.  Having seen and experienced a number of entrepreneurial growth situations in his lifetime, he had ample advice about high growth startups, entreprenuerial careers and how to continue your own personal growth whether through post-graduate education or just being a learning "sponge" during your career.

One thing Mason talked about that caught me by slight surprise (I say slight because I had looked at some of his articles already), was his take on failing.  Mason argues that having a good failure (preferably early on in your career) is a learning experience like no other.  And its best to take your chances and fail while you're young because you don't have as much to lose.  Of course being in a room with a bunch of young twenty-somethings who don't know much about failure and want to stay far from it garnered some blank stares.  You want me to do WHAT?  However, he does have a valid point and made some good cases for his argument with anecdotes of students from his past who had gone on to do great things after having "great" failures. 

It was some interesting advice for the Orr Fellows as some are in the midst of making big decisions about what lies ahead after the Fellowship. 

 

Why havent you started a business yet?

Thursday, December 10, 2009 by Trey Buck

I get asked this same question, or some variation of it, a LOT.  So many people are interested in the Orr Fellowship and the post-grads' careers that come through the program that this question is almost a staple of any new conversation struck.  Similar questions include:

What do you want to do after you finish?
What kind of venture are you interested in?  Technology jobs in Indianapolis?  Business jobs in Indianapolis?
What's the next step in your entrepreneurial career? 
Where do you see yourself in 5 years?

And the list goes on... and my answer is always the same: I need to wait and see.  This sort of answer frustrates most listeners, as it probably should.  Even worse, it frustrates me because I WANT to run a high growth start-up, full of all the excitement and wonder these sort of organizations are known for.  And Im young.  Now is the time to make mistakes, right?  Without having to worry about not being able to recover from a bust, with plenty of time to recover my life and my career right?

Yes.  But no.  A May, 2008 study by the Kauffman Foundation found tKauffman Foundationhat twice as many tech saavy entrepreneurs start businesses in their 50's as they do in their 20's, with an average age of start-up founders being 39.  Not 20, not 25, not even 30.  39.  To me, this says that experience is a great teacher, but more important is the kind of experience; being a former CEO of three failed start-ups at 30 might be great experience to lean on, but it probably isnt as effective as working within and learning how start-ups and small businesses should be run to build successful organizations.  There is a proverb that goes something like "yesterday's tracks are tomorrows guides", and this is a perfect example of that; so, the first part of my answer to "why havent you started a business yet?" is: Why make the same mistakes you can learn from watching others?

There is a second part of my answer, that is more complicated but Ill do my best: circumstance.  Start-ups, especially technology start-ups, need the rApple Pieight circumstances to survive and grow.  The team, the idea, the implementation, the market, everything needs to be well understood and in place before Ill want to touch money.  Many a good idea have failed because they were missing a piece of the entrepreneurial puzzle, and all the hard work, long nights, and missed sleep was wasted.  The thing is, we usually never hear about these companies, the ones that fail.  Thats part of what makes entrepreneurship so attractive: we really only hear about the successes, and so it seems (to the untrainted eye) that starting and owning a business is easy as apple pie.

For me, I will choose my opportunities wisely.  And only when I am ready will I become that ever-so-coveted title of  "entrepreneur." That could be tomorrow, or it could be never.  The numbers (and my own brain) are telling me it will probably be a while.  But then again, who knows?

Creating a Shared Experience

Monday, November 23, 2009 by Nate Bullock
This American Life is a radio program out of WBEZ in Chicago that attempts to display what it is like to live an ‘American life’, complete with its dullness as well as its luster. Reporting is not done in the way we see on television or hear on more traditional radio. Rather, the producers attempt to place us into the culture of the topic area; the sounds bites are not ‘bites’ at all. They are actual, full, complete stories that connect the listener to a new set of experiences. This American Life attempts to make the events that mold our being (whatever that means), which makes understanding the experience more transparent. The radio program, at it's core, is about manufacturing an experience.

For example, attempting to paint the picture of Rome to my friends and family when I returned from a tour of Europe was excruciating. My pictures of Trevi’s Fountain did not nearly do it justice. My explanations of the white cliffs of Dover were juvenile. The only way in which my friends could understand the awesomeness of my trip would have been for them to experience it for themselves. In the absence of a shared “experience,” the narrative loses a little bit of sincerity.

The Orr Fellowship strives to create entrepreneurship careers that do more than simply provide post-graduate networking, entre-level jobs in startups, and an Indianapolis job opportunity; The Orr Fellowship strives to create a shared experience among Orr Fellows. Distinguished post-grad jobs are often about putting in time quietly on the sidelines while you wait your turn to play in the game.

This business fellowship is different. Jumping into fast growing Indianapolis companies is not something that most entry-level jobs in Indiana afford a fresh graduate. But entreprenurial companies need driven graduates to help contribute immediately. These companies look to Orr Fellows to help fulfill that need, providing a shared entreprenurial experience in the process.

Click here to find out how you can be included in this experience!

Orr Fellowship Recruiting Secrets Unveiled

Tuesday, November 17, 2009 by Blaine Cooper-Surma
So you've heard about the Governor Bob Orr Indiana Entrepreneurial Fellowship, but one thought that may have crossed your mind is, "how do I get noticed by the Orr Fellowship, and what types of attributes/experiences are they looking for in their candidates?"  For the next couple of minutes I'm going to share with you some of our recruiting secrets that will undoubtedly make you a more attractive candidate for this prestigious Fellowship opportunity in Indianapolis. 

First and foremost, we firmly believe that the most valuable experience that one can attain while in college is leadership experience.  Now that I've said this, let's take a minute to try and better understand what I'm talking about.  When we're going through Orr Fellow candidate applications, having a candidate that was a "member" of twelve different clubs on campus in no way compares to a candidate that was president of two or three reputable clubs on their campus.  To take this one step further, having a title means nothing if you didn't have any notable achievements while holding that particular position.  We want to see that you were elected by your peers for a leadership position, but it is much more important that you made a positive impact to your organization during your tenure as officer.  Leadership experience can be gained in many different ways, so there's no excuse for a lack of leadership on your resume. 

The next piece of information from your resume that we find extremely important is your GPA.  This may come as no surprise, but the easiest way to demonstrate your intelligence is by getting good grades.  Being that you're looking for Indiana jobs out of college, much like thousands of other students in their senior year of studies, this is one of the only standardized means of measurement that we can use to juxtapose you with the rest of the candidate base.  So what if your GPA isn't as good as you'd like it to be?  If this is the case for you, it in no way means that your chances of getting into the Orr Fellowship are gone.  What you do have to figure out at this point, however, is how you're able to justify your lower GPA, in addition to being able to describe what qualities/experiences you have that make you a perfect fit for this distinguished entrepreneurial fellowship.

Another attribute that we look for in our candidates is their ability to demonstrate an entrepreneurial spirit in their lives.  One of the inherent qualities that all Orr Fellowship host companies possess is a strong sense of entrepreneurship.  In fact, it is critical that our Fellows hold that same entrepreneurial attitude so that they can seamlessly integrate themselves into these high-growth Indianapolis companies.  As history has shown, joining the Fellowship often leads to entrepreurial opportunities after the two-year committment of being in the Orr Fellowship has been completed.  Since this is the case, candidates that demonstrate this entrepreneurial attitude in their own lives prior to joining the Orr Fellowship typically find themselves fitting in well within the Fellowship and their respective host companies.

So what are the most important attributes/experiences that the Orr Fellowship looks for when evaluating their candidates each and every year?  We are looking for hard-workers, well-rounded students (being a college athlete is a nice bonus), and intelligent people.  More specifically, though, we are seeking people that have great life stories and are passionate about our organization.  We truly believe that what you've done in your life defines who you are today.  In addition, being passionate about the Fellowship and what it stands for is something that is necessary for all Orr Fellows - choosing to join the Orr Fellowship is making an investment in the future of your career, and it takes a certain kind of person to be willing to take the "leap of faith" and join the Orr Fellowship.

Now that you know what kind of people the Orr Fellowship is looking for, do you think you have what it takes?  Do you fit any or all of these criterion?  If so, and you're looking to secure one of the most distinguished post-grad jobs in Indianapolis in 2011, apply today on the Governor Bob Orr Indiana Entrepreneurial Fellowship Homepage.

My Path to the Orr Fellowship

Tuesday, November 10, 2009 by Blaine Cooper-Surma
With Thanksgiving just around the corner, and Christmas around the block, it's difficult to believe that I've been working in the real world for just over four months now.  I can remember like it was yesterday what it was like to look for a job while still in college.  I remember how confused I was as an Economics major who knew I wanted to be in business someday, but you and I both know how vague of a career path business really is.  So what did I look for and how did I get to be where I am today?

Luckily for me, as a senior in college I knew that the economy was beginning to look grim and that the market was probably going to get rough.  To prepare myself for the tough situation, I did my due-diligence and began looking for a quality job opportunity to kick off my new career.  I realized that I lacked specific skills that most large companies would be looking for, and also that I would be looking for an entry level job just like the rest of my graduating class.  However, I knew that I wanted to live and work in Indianapolis as it has emerged a growing hub for small, technology start-ups.  One of my other interests throughout college was entrepreneurship, so I then began looking for entrepreneurial fellowships in the Indianapolis area.  What I soon stumbled upon was the Governor Bob Orr Indiana Entrepreneurial Fellowship.  To learn more about this graduate fellowship, I connected with current Orr fellows to learn more about what the program has to offer. 


So why did I choose to pursue the Orr Fellowship?  There were several reasons, but here are a few:
  • the presence of a network of young professionals like myself to share ideas, concerns, successes, etc.
  • the pipeline of Indiana business leaders that fellows are given the opportunity to interact and build relationships with
  • the position and ability to join a small, start-up company and, through hard work, be able to make an impact within the organization
  • knowing that I'm making a good investment in my career by being in an environment that forces me to learn as much as possible about running a small business
So has my first few months in the working world provided me with the opportunities and experiences that were promised to me by the Orr Fellowship?  The answer to this question is a confident "YES!"