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!
 


Maximize The Alpha

Tuesday, September 7, 2010 by Trey Buck

 
In the financial world, the term "alpha" is meant to signify a measure of performance that is adjusted for risk.  But how do we measure risk in the real world?  Are some entry-level jobs in start-ups more or less risky than others?  How can we know when we've found a winner, that coveted "diamond in the ruff"?


Some may say that it is nearly impossible to assess the risks of any new venture considering the volatility of markets, the unpredictable nature of competition, and the influence of shear luck and ingenuity.  While some of that may be true, there are certainly places that have been historically more successful than others: the Silicon Valley specifically.  But for the last decade or more, the Valley has seen stiff competition, with distinguished post-grad jobs popping up across the nation (and the world). 

I would argue that Indiana is one of the places most suited for companies hiring new grads to establish their roots: our cost of living is significantly lower than other states; our central location within the US places almost any major city within a day's drive; and Indiana has managed to keep its state and local government budgets contained while others have moved even closer to bankruptcy.

And these advantages have not gone unnoticed by the entrepreneurial community:  Start-Up Indiana is focused on developing high-growth start-ups in the region; Indianapolis now has its own start-up newsletter, Startup Digest, a free service helping entrepreneurs find events that might peak their interests; and the Orr Fellowship which is aimed at finding and growing tomorrows business leaders through placement in entry-level positions in entrepreneurial companies.  All of these initiatives are great examples of organizations driving jobs and opportunity within Indiana and sewing the seeds of growth and fortune.

        

So when thinking about how to evaluate job opportunities, remember to find those places that minimize the risk of failure and maximize the chances of success.  Look to the local community and their support for up-and-coming entrepreneurs.  Ask questions.  Seek  guidance.  And most importantly, do all you can to maximize the alpha in your life and career.