Nick Olson is an accomplished entrepreneur and business leader based in Traverse City, Michigan, with a wealth of experience in founding and managing diverse ventures. As the Owner of ELEV8 Climbing and Fitness since 2021 and Hearth Sauna since 2023, Nick has established himself as a cornerstone in the local health and wellness scene, bringing innovative recreational and relaxation experiences to the community.

His entrepreneurial journey began with the founding of Sandwich Math, LLC in 2015, a bookkeeping service tailored for Jimmy John's franchisees, which was later acquired by Ceterus in 2017. Nick continued as a Brand Advocate with Ceterus, where he has been instrumental in maintaining brand-specific operations. With a keen understanding of business strategy, he also serves as a Franchise Consultant with JGM Advisors LLC, a position he has held since 2020.

Nick's professional history includes co-ownership of ventures such as Grand Traverse Social Sports and Huddleson Farm, reflecting his dedication to fostering community engagement and sustainable practices. His role as Co-Founder and COO of Stoke Wear showcased his creative vision through wearable and functional outdoor gear inspired by slacklining.

Earlier in his career, Nick managed the operations of the first Jimmy John's location in New Jersey and held leadership positions with Slackline US and BREATHE festival, emphasizing his skills in event coordination and volunteer management. His educational background is rooted in the University of Michigan, complemented by his role as President of the Northern NJ Chapter of its Alumni Association.

With over a decade of experience in both small business ownership and corporate sales, Nick Olson exemplifies the spirit of innovation and dedication, continually elevating the ventures he touches.

Dr. Zach DeBruine launched a startup Herd Social, Inc. during Tech Week in Grand Rapids, Michigan.

The company is pushing the boundaries of AI in healthcare, by building a social platform for the rare disease community which aims to foster communities for learning and support among individuals and families struggling with rare diseases.

Herd Social was conceived by DeBruine this past year while participating in the University of Michigan Medical School’s Fast Forward Medical Innovation FastPace program.

In addition, the startup was one of the finalists in the recent Start Garden 100 pitch contest. DeBruine is a faculty member in the GVSU College of Computing and leads a research group within the Applied Computing Institute that builds AI tools for bioinformaticians.

You can sign up to help beta test the initial Herd product here: https://join.herdsocial.com/

Zach's early Ph.D. training was in molecular biology, then he pivoted during covid to computer science developed popular bioinformatics tools, and established a well-funded research group building generative genomics AI technologies. 

Now he is committed to driving innovation that brings the power of our research technologies to rare disease patients and their caregivers.

https://www.linkedin.com/in/zachdebruine/

https://youtu.be/hZdBpXI2sMs?si=oxmzLGjm0ra2RgPR

https://www.gvsu.edu/aci/module-news-view.htm?storyId=403901A8-931B-BCD5-0C38C17C0BD15C35&siteModuleId=0324BEDD-08D2-9A14-7FA65E12895C55DE

 https://join.herdsocial.com/

 

http://www.20fathoms.org

20Fathoms is a technology hub and startup incubator focused on cultivating a thriving and connected startup ecosystem in Northern Michigan.

Delaney Keating, A seasoned leader, entrepreneur, and change agent. Her skills in developing organizational trust through human-centered design informs communication practices and policies, catalyzes culture, and ignites leaders. No matter her role, she is an unwavering believer in the potential of ideas, the people behind them, and the places they create.

● Noted by clients and colleagues for changing the way people and organizations talk about themselves

● Served Pando Telecom during 10x growth over 12 months

● Developed Startup Colorado from the ground up, establishing a first-of-its-kind, statewide rural startup network while building trust across diverse stakeholder groups

● Co-founded the Catapult Outdoor Industry Accelerator with AIM Media, Moosejaw Outdoors, and the Outdoor Industry Association, connecting corporate interests with nascent entrepreneurs

● Exited RoShamBo with the development of an early intern who went on to become an effective owner and leader

● Served Former Governor Hickenlooper on the Brand Colorado team to rebrand the State of Colorado

Professional Skillset Includes:

● Cultural Development ● Small Business Support Systems ● Entrepreneurial Ecosystem Development ● Strategic Group Facilitation ● Organizational Communications ● Operational Management ● Implications Wheel® Facilitator

www.entrepreneurshipinnovation.com

Introduction: The Electric Spark of Innovation

The dawn of the 20th century, marked by Thomas Edison's pioneering work in electricity, was a transformative period. Today, we find ourselves at a similar inflection point, driven by the rapid advancement of artificial intelligence (AI). As we explore the parallels between these two eras, we can gain valuable insights into the strategies and mindset that have propelled successful entrepreneurs and innovators throughout history.

5 Corollaries Between the Edison Era and the AI Era

1. Infrastructure Revolution: Just as Edison's electric power plants laid the foundation for modern infrastructure, AI is becoming the backbone of our digital world. From data centers and cloud computing to autonomous systems and smart cities, AI is driving a new wave of technological innovation.

2. Disruptive Technologies: Both electricity and AI have the potential to disrupt entire industries. Edison's incandescent light bulb revolutionized lighting, while AI is transforming fields like healthcare, finance, and transportation.

3. Economic Impact: The widespread adoption of electricity led to unprecedented economic growth and job creation. Similarly, AI is expected to have a profound impact on the global economy, creating new industries and opportunities.

4. Ethical Considerations: The development of electricity raised concerns about safety and environmental impact. Today, AI presents ethical challenges related to privacy, bias, and autonomous decision-making.

5. Consumer Adoption: The success of electricity depended on consumer acceptance and adoption. Likewise, the widespread adoption of AI will require user-friendly interfaces and a clear understanding of its benefits.

5 Action Items for Entrepreneurs and Innovators

1. Focus on Fundamental Problems: Like Edison, successful entrepreneurs often identify and solve fundamental problems. Look for areas where AI can make a significant impact and develop innovative solutions.

2. Build a Strong Team: Surround yourself with talented individuals who share your vision and bring diverse perspectives to the table. A strong team is essential for tackling complex challenges and driving innovation.

3. Embrace Experimentation: Edison was known for his relentless experimentation. Be willing to try new approaches and learn from failures. A culture of experimentation is crucial for fostering innovation and growth.

4. Prioritize User Experience: Design your AI products and services with the user in mind. A great user experience is key to driving adoption and creating long-term value.

5. Consider Ethical Implications: Be mindful of the ethical implications of your AI work. Develop responsible AI practices and strive to create positive social impact.

Conclusion: The Future is Electric

As we stand at the intersection of the Edison era and the AI era, we have a unique opportunity to shape the future. By understanding the parallels between these two transformative periods, we can gain valuable insights into the strategies and mindset that have propelled successful entrepreneurs and innovators throughout history. By embracing the spirit of innovation and addressing the challenges and opportunities presented by AI, we can create a brighter and more sustainable future for generations to come.

#AIRevolution #Innovation #Entrepreneurship #EdisonEra #FutureOfTechnology

www.entrepreneurshipinnovation.com

Daily Spark: Dropping the Rope

Remember the exhilarating tug-of-war games we played as children? The thrill of the competition, the camaraderie, and the unexpected falls when someone "dropped the rope" while their opponent was pulling with all their might. It was a simple game, but it contained a profound life lesson: sometimes, the best way to win is to step back.

Today's Daily Spark explores the concept of "dropping the rope" in the context of our adult lives. Just as in tug-of-war, there are times when we find ourselves locked in a battle of wills, whether it's with a difficult coworker, a challenging relationship, or our own inner demons. In these moments, it's tempting to keep pulling, to fight harder, to prove our point. But sometimes, the wisest course of action is to let go.

Here are five strategies inspired by the game of tug-of-war that can help you navigate life's challenges with grace and resilience:

1. The Art of Strategic Silence: Just as dropping the rope can surprise and disorient your opponent in tug-of-war, strategic silence can be a powerful tool in real-life conflicts. Sometimes, the best response to a heated argument or a hurtful comment is to simply remain quiet. This allows you to collect your thoughts, avoid escalating the situation, and demonstrate a level of maturity and self-control.

2. Mastering Your Emotions: In tug-of-war, the key to success is maintaining a balanced stance and avoiding being pulled off your feet. Similarly, in life, it's essential to manage our emotions effectively. By practicing mindfulness, meditation, or other stress-reduction techniques, we can learn to stay grounded and respond to challenges with calm and clarity.

3. Preserving Your Dignity: When we drop the rope in tug-of-war, we may fall to the ground, but we don't lose our dignity. In the same way, even when faced with adversity, it's important to maintain our self-respect. This means refusing to stoop to someone else's level, choosing our words carefully, and setting boundaries as needed.

4. Navigating Life's Challenges with Grace: Tug-of-war is a game of strength and strategy, but it's also about having fun. Similarly, life is full of challenges, but it's important to approach them with a sense of humor and perspective. By finding joy in the journey, we can build resilience and emerge stronger from difficult experiences.

5. Letting Your Actions Speak Louder Than Words: Sometimes, the most powerful message is the one we don't say. By focusing on our actions rather than our words, we can demonstrate our character, build trust, and inspire others.

In conclusion, the concept of "dropping the rope" offers a valuable metaphor for navigating life's challenges. By practicing the art of strategic silence, mastering our emotions, preserving our dignity, navigating life's challenges with grace, and letting our actions speak louder than words, we can find strength, resilience, and inner peace

 

www.entrepreneurshipinnovation.com

AI Building Upon AI: A New Era of Innovation:

The evolution of artificial intelligence (AI) is a fascinating testament to human ingenuity. Just as the saying goes, "we stand on the shoulders of giants," AI is rapidly building upon the foundations laid by countless brilliant minds. This iterative process, where advancements in AI fuel further breakthroughs, is driving exponential growth and shaping the future of technology.

 

www.kriosconsulting.com

https://hbr.org/2020/06/what-leading-with-optimism-really-looks-like

About Bill Palladino

"I transform the lives of individuals and the organizations where they work through the use of neuroscience and positive psychology research." B.P. With over three decades of leadership experience, Bill Palladino helps businesses and organizations thrive in the face of change and uncertainty. He is the founder and principal consultant of Krios Consulting, a firm specializing in coaching, strategic planning, meeting facilitation, and public speaking.

Over the past decade, he has specialized in helping clients in healthcare, education, and other business sectors reap the benefits of happier, more productive workplaces. Bill is also a senior leadership consultant for the International Thought Leader Network (ITLN), a company that partners with renowned authors and researchers to create and deliver impactful learning strategies on innovation, change management, and employee performance. He is an expert in applying positive psychology and business ethics to foster happier, more engaged, and more productive workplaces. Through his company, Krios Consulting, he offers programs such as Grateful Logic™, Ethical Logic™, and Innovation Logic™, in both in-person and virtual formats. Bill's mission is to inspire and empower leaders to transform their cultures and achieve their goals.

https://www.cadensoft.com/

THE ENGINE THAT DRIVES INNOVATORS

At Cadensoft, we champion innovation and empowerment, catalyzing individuals to seize control of their destinies. Our mission is to craft exceptional software solutions that not only shape our company’s trajectory but also transform the lives of our clients. We foster an environment of unrestricted creativity, where every team member is encouraged to explore, experiment, and pioneer groundbreaking technologies. Committed to perpetual evolution, we relentlessly refine our craft, pushing the boundaries of what’s possible, both in the software we deliver and the collaborative spirit that propels us forward.

About Erik Hornyak - Experienced technology director with a demonstrated history of working in the marketing and advertising industry. Strong information technology professional skilled in .NET Framework, Web Development, Leadership, and Team Management.

About Milan Popovich - It is with great pleasure that I announce my new role at Cadensoft, LLC, where I can immediately apply my decades of healthcare experience to a firm that has impressed me with its disciplined approach to requirements gathering, project management, and ongoing client interaction processes—the best I've encountered in the IT industry.

https://www.lyonqualityassurance.com/

Your partner in excellence Lyon Quality Assurance embodies empathy-driven, tailored software testing and consulting. We specialize in promoting quality organization-wide, by helping you and your team enhance your quality practices.

LyonQA offers customized manual software testing packages tailored to your business needs. Your customized package can range from UAT or Regression Testing to having a dedicated QA Director fully integrated with your team. We understand that your quality assurance needs evolve over time and are here to support your growth. Learn more about our manual software testing services here. ​​ Need guidance on how to incorporate quality practices throughout your development process? Stumped on how to enhance communication between your Product and Dev teams? Schedule a call with us to learn about our Quality Process Optimization services. 

 

www.entrepreneurshipinnovation.com

5 Reasons Why Calculated Risks Are Essential for Entrepreneurs and Innovators

Entrepreneurship and innovation are synonymous with risk-taking. However, it’s not about reckless abandon; it’s about calculated leaps that can propel your business forward. Here’s why: 1. Unleashing Innovation: Stagnation is the enemy of progress. By taking calculated risks, entrepreneurs and innovators challenge the status quo. New products, services, or business models often emerge from daring to explore uncharted territory. 2. Building a Competitive Edge: In today's hyper-competitive landscape, standing out is crucial. Taking calculated risks can position your business as a pioneer, ahead of the competition. This first-mover advantage can be invaluable. 3. Accelerating Growth: Playing it safe might protect your business, but it also limits its potential. Calculated risks can open doors to new markets, partnerships, or revenue streams, accelerating growth and scaling your enterprise. 4. Fostering a Culture of Resilience: Not every risk pays off. But the ability to learn from failures is essential for long-term success. A culture of risk-taking and resilience builds a strong foundation for overcoming challenges and emerging stronger. 5. Attracting Top Talent: Passionate and ambitious individuals are drawn to companies that embrace innovation and challenge the norm. A reputation for calculated risk-taking can help attract top talent, fueling your team's creativity and drive. Case Study: Tesla Tesla's decision to produce and sell electric vehicles was a monumental risk. At a time when the automotive industry was dominated by gasoline-powered cars, Tesla bet on a technology that was still in its infancy. This calculated risk, backed by extensive research and development, has transformed the transportation industry and positioned Tesla as a global leader. Steps to Taking a Calculated Risk: Identify the Opportunity: Clearly define the potential benefit of the risk. What problem does it solve or what new market does it open? Conduct Thorough Research: Understand the market, competition, and potential challenges. Gather data to support your decision. Assess Risks and Rewards: Weigh the potential positive and negative outcomes. Develop contingency plans for potential setbacks. Create a Detailed Plan: Outline the steps required to execute the risk, including timelines, resources, and key performance indicators (KPIs). Build a Strong Team: Surround yourself with skilled individuals who can contribute to the success of the venture. Iterate and Adapt: Be prepared to adjust your plan based on new information or changing circumstances. Remember, risk-taking is not about gambling; it’s about making informed decisions based on thorough analysis and preparation. By understanding these five key benefits and following the steps outlined above, entrepreneurs and innovators can harness the power of calculated risks to drive their businesses to new heights. What do you think? Have you taken a calculated risk that paid off? Share your experiences in the comments below! #entrepreneurship #innovation #risktaking #businessgrowth #leadership