Skip to main content

Do You Have the Guts to Become an Entrepreneur?

Last Thursday, Isaac Budmen, co-founder of Little Tinker and a current SU graduate student, shared his entrepreneurial experience with us in my social media class. His presentation was short but inspiring.

Isaac recalled his experience of how he met with Dennis Crowley, co-founder of Foursquare and an SU alumnus. At first, Isaac was unable to set up an appointment with Dennis using his SU connections. Then, he went to Twitter. “Surprisingly,” he received a tweet from Dennis and finally met with him for a conversation. What a great example of using Twitter!  

The founding of Little Tinker did not come from a brilliant idea or a 10-billion plan; it was simply triggered by an incident where Isaac and his friends added the hashtag of #Drinkup in their tweets during a happy hour. All of a sudden, #Drinkup became a global phenomenon. Isaac saw that as a great opportunity and “jumped in” to pursue his entrepreneurship ideas --- an entrepreneur may not know everything of starting up a new business and there will be mistakes on the road, but s/he must “jump in” and start working on the “small” ideas.

I believe that great business ideas must root in useful service, but not all ideas need to be “big.” As entrepreneurs “jump in,” they can further twist their ideas for a better business plan.

Do you have the guts to “jump in” and become an entrepreneur? What other lessons do you learn from Isaac’s experience?

Comments

  1. Social media sites have definitely made is easier to for people to make small little things grow into successful entrepreneur ideas. I believe twitter is a great example of this because people can even make up a saying and having trending all across the country. These sayings also turn into actual accounts that people make to attract followers. These accounts get so much popularity that I believe like YouTube, twitter will start paying people when they reach a certain amount of followers. This just shows how much influence these networking cites can have people and how much success can come from just one little hashtag.

    ReplyDelete

Post a Comment

Popular posts from this blog

Luxury vs. Millennials and Their Technology: The Ritz-Carlton (By Julia Shorr)

Embodying the finest luxury experience, The Ritz-Carlton Hotel Company, LLC has been established since 1983. In 1998, Marriott International purchased the brand offering it more opportunity for growth while being independently owned and operated. They are known for their enhanced service level as the motto states, “Ladies and Gentlemen serving Ladies and Gentlemen”. The luxury brand now carries 97 hotels and resorts internationally and is attempting to keep the aspects of luxury while keeping up with the trends of the technologically improving generations. The Varying Demographics of the Target Market The Ritz-Carlton’s typical target market includes: business executives, corporate, leisure travelers, typically middle-aged persons and elders, and families from the upper and upper-middle class section of society .   This infers a large range of types of travelers in which all are similar in that they are not opposed to spending extra for the luxurious ambiance. However, with

The challenges of SB 93 (California Senate Bill No. 93) will impose on the employers and their human resource management team (by Brittany Schaffer)

The COVID-19 pandemic started in early 2020, and it has caused massive changes within a short period of time. One of the most rememberable effects of the COVID-19 pandemic was that businesses had to come to a complete halt, forcing them to lay off employees. California's unemployment rates went up.  Now that the stay-at-home orders have lifted, people start to come out. Businesses are now reopening, looking to rehire their laid-off employees. Before the pandemic, employers had the option of recalling only a certain number of laid-off employees they would want to rehire based on employees' job performance. That option had been changed after Governor Gavin Newsome signed into law - Senate Bill 93, which went into effect on April 16th, 2021. The California Senate Bill No. 93 (SB 93) According to SB 93, companies in specific industries, mainly the hospitality industry, have the obligation to provide job opportunities in written form to qualified employees being laid off due to COVI

Want to win in future competitions? Invest in data-driven decisions now

Speaking of the permanent changes in the hospitality industry, many people will probably agree that demands for “bleisure”/“work-from-anywhere” travel and contactless self-service will continue to grow in the near future. Not everyone, however, realizes that data-driven decisions will become a key driver for growth in the industry, which has already affected how we do business now.   Automatic service enables businesses to capture more operational and consumer data for business decisions   One advantage of using automatic service comes from its ability to spontaneously capture and store real-time operational and consumer data for additional analysis. In the old-time when businesses still relied on workers to serve customers, operational data were collected usually through careful book-keeping, documentations, and observations; consumer data through market research were often limited to their perceptions, behavioral intentions, or past experience.     Now that automatic service is provi