Monthly Archives: July, 2018

The Entrepreneurial Bug is Often a Childhood “Disease”

July 25th, 2018 Posted by Blog Post, Entrepreneur, Uncategorized 0 thoughts on “The Entrepreneurial Bug is Often a Childhood “Disease””

On the July 24 episode of the Business is ART podcast, the guest was Travis Pine, President/CEO of Lone Pine Holdings LLC and President/CEO of his new startup, Solstice Innovations, Inc. an insurance technology company that Travis is just now beginning to stand-up.

Early in the podcast, Travis noted that he caught the entrepreneurial bug at an early age, perhaps influenced by his father, who owned several restaurants at the time.

Our unscientific observation is that Travis represents the majority of entrepreneurs. They started a business  as a child or worked in a family business growing up. Many guests on the podcast have said that their parents even encouraged them to start businesses as children – like other parents might encourage their kids to play soccer or take art lessons.

(Listen to the podcast The Life of a Startup and What You Need to Know)

“Entrepreneur” isn’t limited to startup founders/owners

The word “entrepreneur” as used here is not meant to be exclusive to someone who starts her/his own business. Many operate in their professional lives with an entrepreneurial spirit without having any legal or financial ownership in the company or organization.

Some, podcast guests only half-jokingly referred to entrepreneurship as an incurable disease contracted. If most contract it at an early age, shouldn’t it be a priority for educational institutions, government, and employers to teach entrepreneurship at an early age.

In fact, many colleges and universities have already or are moving in that direction.

We need institutional change

See our white paper making a case for for a dramatic shift in institutional thinking – from how we plan to how we manage business plans and strategies.

The best entrepreneur programs according the U.S. News & World Report

According to U.S. News & World Report, the top ten undergraduate entrepreneur programs are at:

  1. Babson College, MA
  2. Massachusetts Institute of Technology
  3. Indiana University
  4. University of California
  5. University of Pennsylvania
  6. University of Southern California
  7. University of Texas
  8. University of North Carolina
  9. Saint Louis University
  10. University of Arizona

Many more schools, such as Wright State University in Dayton, Ohio and Ohio State University are either launching brand new programs or have just received large donations to enhance their programs.

Meanwhile, high schools are catching the entrepreneurial bug as well by offering programs specifically tailored to the aspiring entrepreneur, and some colleges are recommending specific classes that high schoolers take to better prepare them for collegiate entrepreneur programs.

Numerous private and non-profit programs have also joined the trend. Inc. has posted an article entitled These Nine Organizations are Turning Kids into Entrepreneurs using “startup thinking” as a way to “change how kids learn.”

The movement is real

The movement is real and the Plan Canvas team is proud to be a part of it. Please contact us to learn how we can help support your entrepreneur program.

From Entrepreneur to Student to Career to Entrepreneur

July 17th, 2018 Posted by Blog Post, Entrepreneur 0 thoughts on “From Entrepreneur to Student to Career to Entrepreneur”

Elise Mayville-Umstead

This week’s blog post is from guest-contributor, Elise Mayville-Umstead, founder of Umstead Farrier Service, Prince George, VA. Some entrepreneurs go into business because they have an idea they want to explore. Others, like Elise, go into it to explore a specific career or passion.

We have divided Elise’s guest-post into 6 key lessons.

A network of support is key

The simplest way to answer how I came to pursue my current skilled trade would be to state that it came to me as a natural progression of interest in horses.

I have always loved horses, from riding, to care, to learning about their behaviors, this passion of mine has been with me since I was in kindergarten drawing stick figure ponies. However, I would be remiss if I did not give credit to my mother for being an amazing role model and to my wonderful husband who has not only supported me every day but made going back to school possible. Both of these people have pushed me to continue to pursue my love of horses and helped me discover how to turn that passion into a career.

Find Your Passion

Click on the Button and Select Plan Canvas for Individual

Do you know what you want out of life and career?

Entrepreneurship often starts at a young age

At age 11, as a young entrepreneur, I began my own pet sitting service complete with an advertising brochure. By 12, I turned my pet sitting business into a multi-service enterprise that included lawn mowing and babysitting. By 16, I had a part time job at a local grocery store and at 18, graduated from high school with enough money to cover my total college books and living expenses.

I attended the University of New Hampshire my freshman year, majoring in Equine Sciences. After a year, I changed my focus, and major, to large animal livestock and transferred to Colorado State University where I graduated with a Bachelor’s Degree in Animal Science.

Entrepreneurs often excel in other jobs before starting a business

My first job after graduating was in the Swine Industry, where I managed a breed-to-wean hog operation in Nebraska for The Maschhoffs, one of the top three pork producers in the U.S. As manager, I was in charge of 21 barns, 4000 sows and piglets and a team of 7. After a few short months, I was able to increase production by 25% and maintained that status, or more, each quarter for the length of time I was there.

I accomplished this against many obstacles, two of which were that I was the only female on location in a male-dominated industry and I had no prior hog management experience. The hard work never bothered me. From vaccinations, castrations, weaning and much more, I took it all in stride.

From there, I moved to Fort Wainwright, Alaska with my husband, an officer in the U.S. Army. Unfortunately, the Fairbanks area did not have large animal options and after a few years out of the industry I found myself feeling the hunger pangs of needing to be involved in the animal industry once again.

Once it becomes a passion, it’s hard to ignore its call

I remember talking to my mom about future career choices and during the course of our discussion, she suggested combining my love of horses with my science education and farrier work came to mind. At the time, I laughed it off thinking at that point of time in my life, going back to school and making a drastic career change was not in the cards. That all changed when I attended a conference with a friend who is a professional farrier.

After attending the conference, I was hooked. I fell in love with the science; the puzzle to solve and treat the major foot issues a horse can have which affect not only the foot, but the entire body of the animal. The adage, ‘no hoof, no horse’ became my mantra. Once I decided that becoming a farrier was the next step, I began doing research of my own to discover what being a farrier truly meant.

I discovered that a farrier is a “forger, a welder, a toolmaker, and a shoemaker. He/she is an anatomist and a physiologist and treats the symptoms of lameness by developing a forward-thinking plan of action” (The Farrier Guide). I also (not surprisingly) discovered that it is a heavily male-dominated industry.

Know your market opportunity before you begin

I have been around horses most of my life but wanted to know if there were enough horses to be able to make a career for myself and was shocked to discover that according to the U.S. Department of Agriculture, there are over 9.2 million pleasure and commercially used horses in the U.S. That’s a lot of feet that require trimming or shoeing every 4-6 weeks.

In May of 2017, I took the leap and applied to an intense 9-month farrier program at Meredith Manor International Equestrian Centre. Short term ‘shoeing’ schools and on-the-job apprenticeships for this career exist, but I needed and craved more and the theory, the experience, the certification, and the heavy forge work that this program offered, was exactly what I was looking for. I’ve had up to 140 animals available to work with, from companion animals to high performance competitors and not only pushed myself in the shop but pushed myself in the classroom. I started study groups and routinely instructed younger classmates, with 100 hours of volunteer time logged in support of my peers and an even greater understanding of my profession.

Understand the problem you are solving at the deepest levels

My efforts to gain a deeper understanding in my profession have yielded many results. I have played critical roles in correcting complex issues with lame or unsound horses, despite having only having 9 months training and experience. During my schooling, I also attended clinics to further my education and network with other farriers. I’ve learned to trim, balance, shoe horses, forge and more. More importantly, I have developed my skills around and under horses, learning more than I ever thought possible about their behaviors, how to care for them and how to educate my peers and clients.

I have finally discovered a career that I love and I am so thankful for my mother and husband for their continued support. Without them, I would not be where I am today.

Need a Coach / Consultant?

Contact us and tell us what you need? Maybe we can help.

Success is Personal

July 11th, 2018 Posted by Blog Post, Goal 2 thoughts on “Success is Personal”

While recording an episode of the Business is ART podcast (airing Tuesday, July 17 at 7pm), my guest, Donerik Black, and I discussed the importance of knowing what success means to you before launching a business, a career, or taking whatever that next leap of faith may be.

Donerik is a Business Consultant and Managing Partner at Jasper Browne LLC. He is also an entrepreneur himself and is the former director of the Small Business Development Center (SBDC) that was formerly located at Wright State University in Dayton, Ohio.

In other words, he has worked with his share of entrepreneurs and has seen a thing or two.

A heartbreaking reality

I shared with Donerik the experience of meeting with some students from Urbana University that had been asked what success meant to them. One of the students explained how much being asked that question meant to him because no one had ever asked before.

The reality is, many people, perhaps most people, are never asked that question, so it is no big surprise that when they ARE asked, they often have no answer that readily comes to mind.

Many of us are just going through the motions – perhaps dreaming about things, but not really having a clear idea of what success means. So it’s also no big surprise that so many people feel less than satisfied with life or their current situation.

It’s personal

Success is personal. Define it on your own terms – no one else’s. Try to think beyond money, toys, and career, although there is nothing wrong with including them in your definition of success.

There is no better time to start than when you are a student just beginning to explore and learn. But there is also no time that is too late to begin.

Plan Canvas provides you with a tool that you can use to begin defining success on your terms.

Plan Canvas for Individual is a free personal development planning and management tool that you can use to pave your way to success in your career, current job, personal/family life, and, optionally, spiritual life.

Start planning today, but begin by defining what success means to you

How to Focus On Today With an Eye On The Future

July 3rd, 2018 Posted by Blog Post, Business Plan, Entrepreneur, Goal 0 thoughts on “How to Focus On Today With an Eye On The Future”

We recently received the following email:

“Hello, Mr. Umstead. My name is Tarik Woods. I currently attend Wright State University, studying communications. I am reaching out because I am interested in interviewing you on my talk show [on campus]. I work in the New Media Incubator at Wright State where, this past semester, you spoke to Dr. Ashley Hall’s digital media and writing course students [on creativity at work]. I just finished reading your book, Business is ART, and can honestly say I am inspired.”

Thank you for the kind words, Tarik, but it is the Plan Canvas team that is inspired by students like you.

Focused on today with an eye on the future

School, be it high school, trade school, college, continuing adult education, etc., can be an over-whelming experience. Most students enter school specifically because they envision a future that is full of opportunity and the option to do something important, something that interests them, or both.

But for many, once in school, the tasks at hand, such as studying, getting good grades, and graduating, can become so overwhelming that it is easy to lose sight of the reason for being there in the first place – to create a better future.

But not Tarik.

He is focused on today with an eye on the future. He is putting in the work that he needs to for school, but finding ways to do it that will enable his future – such as the production of his podcast and his radio show, both of which are called “Words With Woods.”

Tarik plans to take the experience he is gaining now and apply it to his career or business post-graduation.

It starts with a vision and a plan

It all starts with a vision and a plan. Even if you feel buried in school work (or your job), it is important to make time to solidify your vision (career, life, business, etc) and begin developing plans for getting there, like Tarik is doing.

You don’t have to plan to be an entrepreneur, but these 6 Steps for Becoming a Successful Student Entrepreneur (from Entrepreneur magazine) provide a great guide for anyone with an eye on the future. They are:

  1. Evaluate your business skills, knowledge and goals.
  2. Find the business idea that suits you best.
  3. Research your competitors (and prepare to crush them).
  4. Make a stellar business plan.
  5. Seek out a helpful mentor.
  6. Register your business, open up shop and rock it.

There are just a couple of slight adjustments we would make to these 6 steps. First, if you are planning to go into business, register your business much earlier in the process. It should be one of the first things you do.

Second, don’t jump straight to a “stellar business plan”. Do this instead of Step 4:

  1. Document your vision, mission, and purpose.
  2. Assess today’s reality.
  3. Develop a long-term strategy for closing the gap between reality and your vision – this can be in the form of a Personal Development Plan, a Business Strategic Plan, or, preferably, both.
  4. When you are getting ready to get serious about launching your business, “make a stellar business plan” that is simple, measurable, and manageable.

Here is a free and easy place to start

Click here to register for Plan Canvas for Individual.

It provides you free access to the Plan Canvas software for developing your very own Personal Development Plan, where you will develop and track long-term, mid-term, and short-term goals and objectives, as well as track the actions you take in order to achieve them.

Contact us if you need the services of a coach/consultant to help you along (a fee applies).

But whatever you do, focus on today with an eye on the future. Make the time. Turn the discipline into a habit.

Plan Canvas is a community and a powerful software for improving your odds of business success and personal fulfillment.

© SeaSeven LLC 2017.
Developed with FRW Studios.