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.

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!

Cucumber Flavored Soda Pop

Monday, November 16, 2009 by Nate Bullock
This video surfaced last week from Chow.com, a food and recipe site. I found myself at work watching John, the proprietor of Galcos Soda Pop Stop based in Los Angeles, walk me through his store and serendipitously bring me into his world of 'bubbly water'. Aside from his addictive personality, one can't help but be fascinated by the sheer volume of knowledge the man possesses about everything from rose petal flavored soda to his worldwide business development pipeline. It's always refreshing to hear and see someone who genuinely loves what they're doing.

When I watched the video, I couldn't help but think of entry-level jobs in Indiana. Entry Level Careers are often sought by people who want to make a lot of money, manage a team of employees, and take the elevator straight to the corner office. Most fast paced jobs offer entrepreneurially minded young people the chance to win many of those responsibilities. However, high-growth company jobs, and many other entry-level jobs in Indianapolis are about one thing: passion for doing good work. Companies hiring new grads need talent, but more importantly they need passionate talent. One sure-fire result of being passionate about your career is knowing your business inside and out. Jobs at a small company require that everyone contribute, and companies hiring new grads will open their doors to people who are willing to enter a business career in Indianapolis with a fervor for knowledge, hard work, and dedication.

The shipping is expensive, but I'm looking forward to my cucumber soda shipping in from California this week. Case-in-point right there...John was so passionate in his video that I actually ordered a case of cucumber soda. Imagine the possibilities if you began your business job in Indianapolis with that kind of passion...


Social'ing the Maltese Falcon

Tuesday, November 10, 2009 by Nate Bullock
Burberry might be one of the only clothing brands that was born out of a trench coat. The plaid patterns and distinctly British feel to the line of clothes, accessories, and bath items draws clear inspiration from Humphrey Bogart's famous Weasel and Stoat in films like “The Maltese Falcon” and “Casablanca.” Today’s New York Times, in an interview with Burberry’s 49-year-old President Angela Ahrendts, explains how despite their background in more traditional items, Burberry is attempting to “adapt the trench coat to the age of the Internet.” The article goes on to share Burberry’s plans for a social networking site called artofthetrench.com, which is specifically designed to market to younger consumers.

Should I repeat that? Humphrey Bogart is going social. The start of a beautiful friendship, indeed.

Is a business career in Indianapolis chic? Are local business jobs ‘smoking cigarettes in a fedora’ when they should be ‘drinking green tea and listening to their iPod’? Burberry is remaking themselves into a 21st Century company, pulling a classic brand into the Internet Age, and there are numerous jobs in Indiana attempting to do the same. Technology jobs in Indianapolis are beginning to reap the rewards from years of companies like Compendium Blogware, ExactTarget, Angie’s List and Canteloupe.tv carving out a niche for the region in internet search marketing and IT infrastructure. Indianapolis area jobs are thriving with jobs for recent grads helping organizations remake themselves into a 21st century organization. Click here too see a list of some of the Orr Fellowship’s Host Companies.