High-Growth Indianapolis Companies

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 that 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 right 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?

You may ask – what am I learning?  Well, I’ve been learning a lot of new things, but most recently, that you can’t trust a Wabash boy!!  Yes, Blaine stole my picture to use in his blog.  So, in response, here is another picture.  Notice how Blaine isn’t fighting back in this one.

Something else I learned over the last week is to not take the people in your life for granted.  I met some amazing people at DePauw, and over my four years there, they became like family.  It is easy to think that those people will always be around, and then after graduation everyone splits off in different directions.  Being back together with everyone at the Monon Bell game really made us all appreciate the time we have together.  That weekend was one of the best experiences I’ve had.

The transition from the college “bubble” to working in your first full time job in the “real world” can be tough, and now I’m realizing how important the Governor Bob Orr Fellowship has been in that process.  At the Orr Fellowship Reception on the Circle last week, I was asked several times what my favorite part of the Fellowship is.  My answer is simple: the people.  Being a part of the Fellowship opened up more connections than I ever thought possible.  It helps ease that difficult transition by surrounding you with friendship, guidance, and unique opportunities.  The current Fellows have already become a social network and support system.  We are all working in high-growth Indianapolis companies and can share our experiences and learn from each other.  The alumni offer their experience and advice.  The executives and directors are accessible and volunteer their time and energy to contribute to our personal and professional development.  When I joined the Orr Fellowship, I was welcomed with open arms into this fantastic new group of people. 

All of the candidates I met last week at the Reception on the Circle were incredibly intelligent and motivated individuals, and it was great to have a chance to get to know them.   I’m looking forward to see who moves on to Finalist Day.  And I can’t wait to meet my new group of friends… I mean the new class of Fellows.

So despite the fact that we’ve been trained to be enemies during our college careers and we might not like to admit it, Blaine, Ty, Natalie and I are all actually friends.  Maybe sometime I’ll put up a picture where we are all being cordial.  If only we can get Blaine to agree to take one…

People often misunderstand the value and cost savings that effective Supply Chain Management (SCM) has on everything we interact with day-to-day. In fact, over the past 15 years SCM has become the dominant way companies compete. For example, in the early 90’s it took roughly 104 days for a box of cereal to get from the factory to the supermarket (over 3 months for those of you wondering if I do good math). Through optimizing their supply chain, the grocery industry over the past 15 years has been able to save over $30 billion.

On the surface, supply chains seem relatively simple; most chains are only 5-7 ‘links’ long. However, modern day supply chains have become overwhelmingly complex (see image above). The internet boom and growth of sophisticated communication technologies allow companies to reduce material and shipping costs through the strategic sourcing of raw materials used to make ‘stuff’. As such, it’s the job of the supply chain professional to find cost effective and strategic ways to integrate these complex supply chains, reduce lead times, and sync sales channels.

I get asked quite often what I do at Brightpoint. I quip that I answer emails and ship cell phones. Then there is an awkward silence as the supplicant stares at me whilst I conjure up a lay-level explanation of “what I do.” It’s a difficult question for most recent college grads who have found technology jobs in Indianapolis. Much like ‘Supply Chain’, 21st century careers are unique post-graduation jobs, and jobs in fast paced companies are difficult to understand. Try explaining corporate blogging to someone, or why they should pay money for consumer reviews, or why Indianapolis business careers kick ‘SaaS’…it’s complicated. But these types of 21st century and high-growth company jobs, like Supply Chain Management, will be differentiators in a global economy.

The Governor Bob Orr Fellowship provides jobs in startups like Bluelock, Compendium Blogware, Canteloupe.tv, and Oxygen Education. These companies do complex work for a complex world. If you're looking for fast paced, and complex, 21st century jobs, click here.