Best of Rerun episode. Initially release in 2016

Meet this week awesome studentpreneur: Adam Stone, 20 years old, Commerce and Law student at Monash University and entrepreneur with Speedlancer in Melbourne, Australia. 

Learn more about Adam on www.studentpreneur.com.au

Time for a quick wrap up each studentpreneur 'story is different and what works for some people doesn't for others, however, I'd like to point out of few things in Adam's journey that are similar to a lot of studentpreneurs I have interviewed for my research:

He started by selling things to his classmates in high schools, then on ebay. That's a start that we have seen again and again with the guests of this podcast. There is something that is really different about Adam: he totally automated and outsourced his business, reaching the ultimate goal of removing himself from the business. This is really powerful as a studentpreneur because then he can focus on his studies! It's quite interesting to see him starting a new business because contrary to a lot of the studentpreneurs on this show, it's been a while since he has started a new venture. He can bring a lot of experience from his previous business! Hopefully, we will hear from him when his 500 startup program finishes!

 Books recommended by Adam: 4 hour week

 

To become a guest apply at http://studentpreneur.com.au/

Meet this week's awesome studentpreneur guest: Shane Dillon, Master of Business Administration at RMIT University and founder of International Alumni Job Network (IAJN).

Links: Linkedin   https://hk.linkedin.com/in/shane-dillon-48570012   https://www.linkedin.com/company/7599539/   Twitter   @ShazTzu @IAJN_Official   Websites http://www.ia-jn.com/ http://beatenpathsoftware.com/   Facebook   https://www.facebook.com/InternationalAlumniJobNetwork/   If you have what it takes you can apply to share your story on air. CLICK HERE

Meet this week’s awesome studentpreneur guest: Michael Haddad, 25, studying his Master of International Business at Adelaide University and co-founder of BikeBus.

Website: https://bikebusaus.wordpress.com

Meet this week's awesome Studentpreneur guest: Francis Ignatius, 30, recent postgraduate from Adelaide University and founder of Entrepreneur Story.

Francis' entrepreneurial journey started with import/export while an undergraduate at Edith Cowan University. He had been working since the age of 13 but this didn't help escape one of his biggest lessons in life when he became broke after that first business. Now his mission is to help university graduates to stay in South Australia instead of going to Sydney or Melbourne.

Quotes:

• I sold my sports car to fund my business venture
• I had no money, no capital, nothing but I wanted to build a business to eat meat again, not just instant noodle
• I started asking 50 people on a car forum what they wanted to do to their car... it's very easy to do
• Action = Reaction and Reaction= Opportunity
• Most people are too afraid to take the action because they are scared of failure 
• I don't identify as an entrepreneur... I had no choice but hustle
• 45% of University graduate in South Australia can't find a job
• I spent less time in socialising, this is my sacrifice to build my business 
• 10 tries and then you will be successful!
• My parents hated the fact that I was doing my business and my best friend was telling me to give... I was stubborn and that's how I made it

U2U:

• If you are attending University just to get a piece of paper, I think you are wasting your time. If you are there to develop yourself, then it is worth is.

Links:

Website: www.entrepreneurstory.com.au

Facebook: www.facebook.com/storyentrepreneur/

If you have what it takes you can apply to share your story on air. 

 

Meet this week's awesome studentpreneur guest: Gavin Bell, 22, recent graduate from the Peter Jone's Enterprise Academy in Manchester and founder of Blue Cliff Media in Edinburgh, UK. Gavin got the entrepreneurship bug early on. To get some help he decided to attend the Peter Jone's Enterprise Academy instead of going to university. His story is full of ups and downs.  Quotes:

• I always had an entrepreneurial spark, I started with dropshiping.
• My main skill is to take action and learn by doing.
• My biggest fear is to be average
• I had no mentor, I never found the right person.
• Having a good mentor can be huge, but having a bad one can be fatal
• The best way to get started is to get an internship in a new business

Resources:

• The 7 Day Startup: You Don't Learn Until You Launch by Dan Norris

• How to Win Friends & Influence People by Dale Carnegie

Links:

Website: http://bluecliffmedia.com/

Twitter:@bluecliffmedia

email:[email protected]

Facebook : https://www.facebook.com/MrGavinBell/

Vblog: https://www.youtube.com/channel/UCYwX0DRfD06rx1E9iNa7fFw

  If you have what it takes you can apply to share your story on air. CLICK HERE

Meet this week's awesome studentpreneur guest: Kayle Gray, 28, recent graduate from the University of Utah and founder of Conversion Cake, USA.

 

Frank has been working with high school entrepreneurs for four years, leading workshops and competitions, but this year, he and his team is excited to launch the world's first business incubator for high school students. The incubator is built on a no-tuition, no-equity model. The goal is to help accepted students make $20,000 in 6 months. Frank's mission is to empower, support, and develop students as they begin their journeys as entrepreneurs and founders. Quotes:

• Create your own Mastermind group
• Use you the fact that you are a student to call businesses
• Take care of yourself and your body when managing a business and your studies
• Negotiate assignment deadlines with your professors
• Your peers are as important as mentors
• At first, I didn' identify as an entrepreneur but as a business minded person 

  Kayle' Book:

• The College Entrepreneur: How to leverage your university to build a business, escape the rat race and live life on your terms.
  • First 3 chapters free
  • On Amazon

Resources:

• The 4-Hour Work Week: Escape the 9-5, Live Anywhere and Join the New Rich by Timothy Ferriss
• The Tropical MBA Podcast

U2U:

• Offer interdisciplinary degrees

Links:

Website: http://conversioncake.com/

Twitter:@kylethegray

email: Kylegray23(at)gmail(dot)com

If you have what it takes you can apply to share your story on air. CLICK HERE

Meet this week's StudentPreneur guest: Frank Pobutkiewicz from Whiteboard Youth Ventures in Boston, USA. 

Frank has been working with high school entrepreneurs for four years, leading workshops and competitions, but this year, he and his team is excited to launch the world's first business incubator for high school students. The incubator is built on a no-tuition, no-equity model. The goal is to help accepted students make $20,000 in 6 months. Frank's mission is to empower, support, and develop students as they begin their journeys as entrepreneurs and founders.

Quotes:

• We are essentially building soft and hard skills.

• Priorities for high school entrepreneurs: 1) School, 2) Family, 3) Business.

• Failure is part of life, it's important to learn from it. 

• Keywords: LEARN, BUILD, SELL

•  Be honest and ask as many questions as possible.

Books:

• Guy Kawasaki's books
• Seth Godin's books (purple cow)
• The $100 Startup  by Chris Guillebeau
• Marketing Outrageously by Jon Spoelstra

Links:

Websites:

• Whiteboard Youth Ventures: http://whiteboardyouthventures.com Register for the incubator!
• Kickback Pant: www.kickbackpants.com
• Global Startup Challenge

Twitter: @whiteboardyv

email: [email protected]>

Facebook page

If you have what it takes you can apply to share your story on air. CLICK HERE

Meet Rob Slee: serial seasoned entrepreneur investor and author. Key points:

• Lots of opportunities to disrupt industries
• 'I am 10 iterations of failure in everything I do.'
• I felt I wasn't learning school because...
• Build a skill set, once a year
• Need a positive relationship with failure -
• Most business books are written for big corporate life
• I am a niche aholic, "niche conglomerate"
• ask people what they buy
• The only thing in common  among entrepreneur is time
• Only focus on the activities that adds value
• most startup fails because they focus on the least value-add activities.
• We are told what to work on whereas we should identify the high value.

• After you have the skillset it's not about how much time you work on.
• Talk to people: what would you need in your business. Ask for help.
• You will be killed in your blind post
• U2U: work in small businesses, that's good, not just business plan comp. Learn how to communicate
• Own your time.
• Just knowing that activities have value change the behaviour.
• half the planet owns their own

Links:

• email: [email protected]
• Website: Timereallyismoney.com

If you have what it takes you can apply to share your story on air. CLICK HERE

Special Episode: I was interviewed on the Marketing on the Move podcast and I shared the findings of my 4 years of research on studentpreneurs!

Summary:

Studentpreneurs are a growing phenomenon with some famous entrepreneurs (Larry Page and Sergey Brin from Google and Steve Huffman from Reddit). The numbers are rare numbers about it but in the UK a study showed there 80,000 studentpreneurs (3.5% of uni students) with an estimated collected revenue over 44 million pounds or AU$80M.Remember, the best time to start a business is when you are a student, pretty much no expenses, you can undercut everyone and nobody cares when you fail.   What this study does is back up with some management theories our gut feeling on studentpreneurs. This is necessary to build dedicated programs.   Here I am going to summarise 4 years of research in a list of 7 items without encryption in academic language.   SECTION 1: The main problem is that studentpreneurs do not see themselves as entrepreneurs. Mostly because they do not know what is an entrepreneur, or what they know is too daunting (eg: Steve Jobs). It takes them a long time to build and embrace that identity.    1- Three stages on the journey of studentpreneurs. The uni programs for studentpreneurs need to take them on that journey but at a faster pace.

• HOBBYIST: driven by the student's personal interest

• MAKER: the stage where they want to make money or love the process of making money or build a product/service. 

• ENTREPRENEUR: they finally call themselves entrepreneurs, co-founder, business person...

2 - Four profiles of studentpreneurs to identify when designing a dedicated programs: 

• The Creatives: started with their passion for creating things. They start at the hobbyist stage.

• The Student-Athletes: they were student-athlete before starting a business. They can transfer a lot of the traits they developed as athletes: focus, dedication, sacrifices, competition. 

• The Family Studentpreneurs: at least one parent is an entrepreneur, grew up in that environment. Most expected case.

• The Enterprisers: they started late, at Uni, with the motivation of making money or building something, without identifying as entrepreneurs yet but they aspire to become one.

  3 - Three ways to support studentpreneurs in constructing their identity of entrepreneurs:

• Positively validating what they do as entrepreneurs: entrepreneurial competition (hackathons), winning a big contract, being accepted in an incubator or accelerator program, or winning awards such as 30 under 30 entrepreneurs. 

• Getting them to realise that they want to make money and that it is okay! They can't progress otherwise. 

• Most important is to support them understand they are different from other students and then cultivate that difference. Some call it a mindset. 

  SECTION 2: 3 key elements in how studentpreneurs pursue opportunities with limited resources, need to be fostered by uni incubators and accelerator programs.   4 - Entrepreneurial Human Capital

• Skills possessed

• Learning Skills. Need to encourage all type of learning and run hands-on workshops.

  5 - Entrepreneurial Social Capital: building relationships 

• Networking - need to attend event, organise events with entrepreneurs

• Mentors  - key. Can be found in incubators, events

• Co-founders - 12/19 had co-founders. finding one is a skill

  6 - Entrepreneurial Cognition Capital  ->  Decision Making & How to make their own luck!

• Initial disregard for resources at hand. This feature is a great way to identify studentpreneurs for dedicated programs. 

• Sensemaking: capability to make sense of the opportunity and what is around the studentpreneur. Needs to be developed! it's where the Ah-ah moment happen.

• Serendipity: capability to act on luck -> needs to make luck happen 

  7 - All these elements apply to pivoting: developing at are important to start a business or pivot it. They are going to keep using them     Summary: need to organise entrepreneurial events to help studentpreneurs go through their journey to become entrepreneurs. Uni programs need to help them realise they are different, that they want to make money and it's okay. Different profiles can be targeted. Help the young entrepreneurs around you find about other studentpreneurs' journey by listening to StudentPreneur podcast.   If you have what it takes you can apply to share your story on air. CLICK HERE           h5x7kpxf

Meet Rob Slee: serial seasoned entrepreneur investor and author. Key points:

• Lots of opportunities to disrupt industries
• 'I am 10 iterations of failure in everything I do.'
• I felt I wasn't learning school because...
• Build a skill set, once a year
• Need a positive relationship with failure -
• Most business books are written for big corporate life
• I am a niche aholic, "niche conglomerate"
• ask people what they buy
• The only thing in common  among entrepreneur is time
• Only focus on the activities that adds value
• most startup fails because they focus on the least value add activities.
• We are told what to work on whereas we should identify the high value.

• After you have the skillset it's not about how much time you work on.
• Talk to people: what would you need in your business. Ask for help.
• You will be killed in your blind post
• U2U: work in small businesses, that's good, not just business plan comp. Learn how to communicate
• Own your time.
• Just knowing that activities have value change the behaviour.
• half the planet owns their own

Links:

• email: [email protected]
• Website: Timereallyismoney.com