The Innovation & Entrepreneurship Institute (IEI) was excited to welcome innovating alumnus, David Paul, back to campus last week to be the latest speaker to be featured in the Innovation Leader Speaker Series. Paul, founder and executive chairman at Globus Medical, stopped by for an intimate conversation about his journey from engineer to entrepreneur to CEO of the now publicly traded Globus Medical Inc.
At Globus, Paul perfected the art of teasing out true problems that doctors were experiencing, which allowed him to design new and superior solutions. When companies fail to identify innovations, Paul said, it’s almost always a failure of leadership.
Paul himself almost failed to invest in robotics despite the recommendations of his team but was enlightened by an experience with his teenage son. Paul spoke about how finding a higher purpose, serving the patients and the healthcare providers who treat them, enabled him to persevere even when facing barriers, such as being sued by his former employer. He described how the key to his success was developing a better, more efficient process for engineering new medical products. This enlightened discovery has allowed Globus to acquire robotics companies and start bringing Paul’s vision for robotics and the future of surgery to fruition.
When the time came to go public in 2012, Paul insisted on maintaining a controlling share of the company. When his investment banker objected, he made them study the long-term profitability of public companies with founder control. Turns out, they discovered that those companies, who founder controlled companies, did significantly better over time.
In 2017, Paul stepped down as CEO but maintains an active role in the company as executive chairman of the board. Paul holds a M.S. in Computer Integrated Mechanical Engineering Systems from Temple University. Paul was interviewed by Dr. Charles Dhanaraj, the H.F. “Gerry” Lenfest Professor of Strategy, and Founding Executive Director of Fox’s Center for Translational Research in Business.
Takeaways from our attendees:
“IEI’s Dealing with Disruption event with Globus Medical’s Executive Chairman David Paul was excellent. How often do you get the opportunity to meet with somebody who built a billion dollar company from scratch and ask them questions about their entrepreneurial journey? I even had the chance to chat with Mr. Paul during the networking part of the event, which was really terrific.”
“It was interesting to learn about his view on the healthcare industry in the U.S. He pointed out that the operations and marketing teams are important when you launch a venture, as important as the technology and management teams.”
B. PHL—Philadelphia’s first citywide innovation festival—will take place from October 15th-17th, aiming to build the city’s reputation as an innovation hub and highlight entrepreneurial organizations ranging from universities to Fortune 500 companies to individual entrepreneurs. Spearheaded by several of the city’s leading corporate innovators, including Independence Blue Cross, Comcast, and Visit Philadelphia, B.PHL will offer 150+ events featuring hundreds of speakers across three days—all intended to inspire festival attendees and create connections that will move Philadelphia’s innovation efforts forward in big ways.
Temple University will serve as an official location for the festival, hosting nine unique events across campus in partnership with the Innovation & Entrepreneurship Institute, the Temple University Office of Research, several University schools and colleges (including the College of Liberal Arts, College of Science and Technology, College of Engineering, Fox School of Business, and Lewis Katz School of Medicine), and the brand new Charles Library. The University’s B.PHL efforts are being lead by IEI Executive Director, Ellen Weber, and Temple University Entrepreneurship Academy Director, Alan Kerzner.
“Temple University has always made entrepreneurship and innovation central to its mission,” shares Kerzner. “The school was founded by an entrepreneur. Entrepreneurship can be found everywhere on campus, and, along with other Universities in the city, Temple has been an integral part of the innovation community here in Philadelphia.”
Events hosted by Temple University during B.PHL will include the League for Entrepreneurial Women, a conference focused on female leaders in the entrepreneurship space; a speaker session on Empowering Innovation through Intellectual Property Strategy featuring Aon’s Chief Commercial Officer, Brian Hinman; a talk on the Future of Libraries featuring a tour of the new Charles Library; and an Oktoberfest Beer Garden in Temple’s 1810 Accelerator highlighting entrepreneurship in the brewing and craft beer industries.
Stay tuned for more details on Temple University’s B.PHL programming, and visit the B.PHL website to learn more about the festival.
Last week, the IEI partnered with Vanguard’s Innovation Studio for the second installment in the Innovation Leaders Speaker Series, a program launched this past spring to highlight best-practices for innovation in corporate settings. The event featured Lisha Davis, Head of the Innovation Studio, who sat down with Professor Robert McNamee to discuss how the Studio operates alongside the larger Vanguard organization and best practices for accelerating innovation at the enterprise level.
The Studio itself is located on Chestnut Street in downtown Philadelphia, about 30 miles from Vanguard’s main headquarters in Malvern, PA. It features rows of open work stations, collaboration rooms, and a central space with colorful soft seating that Operations Manager, Colleen Evans, said is fondly called “the living room.” A nearly floor-to-ceiling blackboard highlights progress of the Studio’s donations towards Vanguard’s annual canned-goods drive, inspirational sayings, and a calendar listing national days of designation (National Smile Day, National Wine Day, National Bike to Work Day). It’s a fun, laid-back, high-energy space—not exactly what comes to mind when you think of an industry-leading investment-management firm. But the location of the Studio was intentional—it sits in the center of Philly’s entrepreneurial ecosystem of universities, startups, accelerators, and investors—and its funky design fosters the creativity needed to continually uncover new opportunities and solutions that move the company forward.
Despite geographic distance and a diversion from the traditional corporate environment, the Studio is every bit a part of Vanguard’s overarching mission. Innovation has long been a focus for Vanguard, which disrupted investment management as a startup many years ago. “I have been involved in department level innovation work for years,” said Davis, who was with Vanguard for several years before the Studio launched in 2017, “and innovation was always happening in pockets of the organization.”
Now the Studio offers a centralized place for this innovation to live, and their reasoning behind its launch—to explore the unknown, uncover opportunities to make strategic bets, launch new ventures, explore growth paths, and catalyze a movement at Vanguard—is brought to life by the 40-person, multidisciplinary team lead by Davis.
The Studio takes an exploratory approach to finding opportunities, during which Davis says that “finding the right problem to solve is half the battle.” But once they do, they’re “launching ventures,” Davis emphasizes—ones that can be scaled and rolled out across the enterprise to improve the organization, and, ultimately and most importantly to Vanguard, the client experience.
“Everything we do is for the client,” Davis shared.
Vanguard’s—and Davis’s—dedication to placing innovation at the forefront of the company’s strategic direction made for an ideal Innovation Leaders program partner.
“Showcasing innovation thought-leaders throughout the region is the goal of this series,” Professor McNamee shared. “We want to look at the intersection of innovation and entrepreneurship since that is where next generation innovation programs, structures, and processes are emerging. Vanguard’s Innovation Studio is just a phenomenal example of how large companies can incorporate approaches that originated with entrepreneurial ventures – approaches like lean startup and design thinking – and the impact this can have in an enterprise setting.”
The event was attended by Temple alumni (some now working at Vanguard), students, community professionals, and members of the Innovation Research Interchange—a worldwide network of cross-industry innovation leaders and a sponsoring partner of the Speaker Series.
“Some of the world’s most widely adopted models, such as ‘open innovation,’ ‘front end of innovation,’ and ‘stage-gate,’ were born from the work of Innovation Research Interchange (IRI) members,” said Gary Shiffres, Director of Membership Development & Partnerships for IRI. “IRI values strength in cooperation and partners with other organizations at the forefront of developments in innovation. These partnerships have created a hub for all to convene and contribute in an experimental, noncompetitive, and noncommercial environment. Working with Temple University and Vanguard’s Innovation Studio proved to be an excellent partnership and IRI members are looking forward to more from the Innovation Leaders Speaker Series.”
Davis’s insight and the success of the Vanguard Innovation Studio since its launch exemplify what the Series aims to showcase—that innovation is an imperative for today’s companies and entrepreneurs, and when leveraged in the right ways, can drive organizations—regardless of size or industry—to new levels of customer experience, competitive advantage, workplace culture, and overall success.
“From our earliest conversation I was incredibly impressed with Lisha and this accelerator program,” said Professor McNamee. “It struck me that a successful company like Vanguard could likely rely on incremental innovation for a number of years. However, the fact that they were putting this much focus on experimentation, learning, and disruptive innovation highlights why they are likely to remain leaders into the future.”
Stay tuned for details coming soon on the next installment of the Innovation Leaders series, featuring Todd Carmichael, Founder and CEO of La Colombe, happening Fall 2019.
This past semester, the Temple University Innovation & Entrepreneurship Institute moved over to the new 1810 building on Liacouras Walk, and with the move came the official launch of Temple’s very own startup accelerator program—aptly called the 1810 Accelerator. The new Accelerator offers new and expanded resources to Temple University students and alumni from all 17 schools and colleges, whether they’re looking to learn more about entrepreneurial thinking or hit the ground running to launch their own startup business.
At the head of it all? New Accelerator Director Greg Fegley. This isn’t Greg’s first go-around with Temple Entrepreneurship, though. In fact, he’s been working with student entrepreneurs here on campus for years. We caught up with Greg recently to learn more about his new role, why he wanted to come on board full-time, what’s happening at the new Accelerator, and his words of wisdom for aspiring entrepreneurs.
Your new position as Accelerator Director is not your first connection to IEI. Can you talk about how you became involved with the Institute and what your role has been prior to joining the team full-time?
My first interaction with the IEI was as a mentor for the BYOBB competition 10 years ago. I loved the experience and within two years I was managing a major portion of the mentor pool of over 120 senior business executives. Five years ago I saw an opportunity to get even more involved in the IEI’s mission by teaching entrepreneurship courses to undergraduate and graduate students in the Innovation Management & Entrepreneurship master’s program as an adjunct professor.
Well, now that you’re here full time, we want students to get to know you! Tell us three interesting facts about yourself.
That’s a tough one! Let’s see. Well, I’ve driven cross-country three times. I was a runner in high school, and my sprint relay once won gold watches for first place at the Penn Relays. And I got married at 19 to a girl I met in sixth grade (I won’t tell you how many years it’s been now).
Do you consider yourself an entrepreneur? What has been your career journey and how have entrepreneurship and innovation been part of it?
Before coming to Temple I would have said no. But my experiences here have taught me there are many versions of entrepreneurship. During my business career I worked primarily for small to mid-size companies. Early in my career two of those companies were pioneering new-to-the-world technology. However, they were constantly going through change resulting from acquisitions as well as major shifts in the market which forced us to evolve and reinvent ourselves. In retrospect, that environment taught me to be intrapreneur.
I also had the experience of trying my hand at starting a fashion apparel company with a few of my children about 10 years ago. Going from the software and services industry into fashion apparel was a real learning experience but I loved the challenge and found that most of my business and management skills were transferrable. While that business didn’t survive the economic recession, it was a great opportunity for me to work with my children and mentor them in a way that a father typically can’t.
You’ve been a mentor to many Temple entrepreneurs. What has been your favorite part of working with students on their new business ideas?
Without a doubt it is their incredible energy, insights, and perseverance. I think those three qualities can be found in most Temple students. Another aspect is I really enjoy learning from them, too. I think of myself as a life-long learner and working with Temple entrepreneurs allows me to learn about new technology and keeps me in touch with changing trends in multiple industries.
How does the launch of the new Accelerator change IEI’s role in supporting Temple entrepreneurs? In what ways will it work together with IEI’s current programs vs. offer new ones?
Entrepreneurship and innovation truly need a place—somewhere for entrepreneurs to come together and talk about ideas, collaborate on their ventures, and learn from each other. For the first time, Temple entrepreneurs will have this dedicated space in the IEI and the 1810 Accelerator. Any student interested in entrepreneurship can access our space right from Liacouras Walk and all are welcome to come in and explore it. The new Accelerator space has made us more accessible than ever and given us the physical space to provide the level of resources and programs our student entrepreneurs need to move their ventures forward.
Temple entrepreneurs have to apply to membership to the Accelerator. What does it mean to be an official member of the Accelerator? What is the application process?
When you join the 1810 Accelerator you become a ‘member at large’ which allows you access to the space and invitations to a wide range of programming and events we will be offering. Students who are further along in the process and have a verified opportunity and solution identified, or who may be moving toward launching their venture, can apply to become a member of the Startup Studio. The Startup Studio is Temple’s business accelerator cohort program. Only a small group of qualified students/ventures will be chosen to participate in each cohort. In addition to all of the regular accelerator programing, members of the cohort will also participate in specific 8 week program intended to accelerate their ventures and prepare them to launch.
Now that the Accelerator is officially open, what events and programs are coming up that entrepreneurs should look to attend?
One of the biggest problems I hear from students is finding a co-founder or partner with complimentary skills to help them work through the challenging process of creating a business. We will be launching a series of networking events and a platform for students, called Founder Finder, intended to make that process easier. Similarly, entrepreneurs need access to skills they often don’t have but may be available right here on the Temple campus. To help solve that problem we will also be creating a similar workshop series and a platform call Rent-A-Resource making it easier for students who have these needed skills to find opportunities within our entrepreneurial ecosystem at Temple. We’re excited to help students make these connections.
What is your biggest piece of advice for someone thinking about becoming an entrepreneur?
There is a reason that most startups fail. It is hard work and most people don’t have the commitment to follow it through. Or, they don’t want to follow the process that leads to success and they skip important steps. So my advice is do your homework; be proactive and find out what others have done that led to their success, and then apply it to the problem you’re passionate about.
Want to learn more about the Accelerator? Email firstname.lastname@example.org.
Entrepreneurship at Temple is going campus-wide—and the Temple University Entrepreneurship Academy (TUEA) is at the helm of this effort. The Academy, formed in 2015 in partnership with the President’s office, works to educate faculty on incorporating entrepreneurship into their curriculum, and runs workshops and events on campus to support students who aspire to be entrepreneurial in their careers. So far, the effects have been far-reaching. In three years, TUEA has run more than a dozen programs, reached thousands of students, and created key partnerships in schools like the Tyler School of Art, the College of Engineering, the College of Education, and the College of Liberal Arts (CLA).
“TUEA works together with faculty across campus with the ultimate mission of enabling students to make an impact and create their own success,” says Professor Alan Kerzner, who is Director of TUEA. “Our programs teach students how to follow their passion and make a living at the same time.”
One of the Academy’s most recent and impactful efforts happened over the past year in partnership with the Intellectual Heritage (IH) program, now in its fifth decade as part of the core curriculum at CLA and a key part of the University’s General Education program, meaning undergraduate students from all of Temple’s schools and colleges enroll in the course. IH courses guide students through the “great texts”—some of the most famous and influential political, social, and scientific works ever written—and ask them to apply the principles from these works to contemporary societal issues. No small feat, although an important one for sure.
But what does it have to do with entrepreneurship?
“Despite common perceptions,” says Professor Robert McNamee, Managing Director of the Innovation and Entrepreneurship Institute at Temple University and head of the Innovation & Entrepreneurship academic programs at the Fox School of Business, “entrepreneurship is not just about starting your own business or getting rich quick. In fact, entrepreneurship is aligned in many ways with what the Intellectual Heritage program is teaching, especially when it comes to doing good for society. Entrepreneurship, creativity, innovation—these can all be harnessed to create solutions to real-world problems. Solutions that can that can ultimately lead to real change.”
During the 2016-2017 school year, TUEA and CLA partnered on a program around Social Entrepreneurship that saw an overwhelmingly positive reaction from students. Knowing it was important to continue supporting this audience, Professors Kerzner and McNamee worked together with CLA leadership and Dana Dawson, Associate Director of Temple’s GenEd program, to identify new ways to reach students wanting to use entrepreneurial thinking to make the world a better place.
“We knew working with the IH program would be a unique opportunity,” said Professor McNamee. “The GenEd program at Temple University reaches so many students, and we knew this partnership could be really impactful.”
The plan was to incorporate creative problem solving techniques into the Intellectual Heritage II course. Titled “The Common Good,” this course asks students to consider issues like the balance between individual liberty and the public good and how power and privilege define one’s capacity to make change. The goal? To harness the critical thinking skills the students were practicing and turn their ideas into actionable solutions that could solve the problems they were identifying.
“We learned from IH faculty that students were understanding the issues, but sometimes becoming disheartened by their enormity,” said Professor Kerzner. “They were finding it difficult to identify ways to really address problems this big, this complicated.”
That’s where entrepreneurial thinking and creative problem solving came in. Using these practices, students were taught to shift their thinking so that it was solution-focused. They took time to really understand the problem at hand, and to identify aspects of it that were addressable. Professor Kerzner guest lectured at some class sessions, and students got to work coming up with solutions. Throughout the course, students were given the opportunity to attend workshops that helped them break down problems and develop their ideas for addressing them, and each semester culminated in a pitch competition, where students presented the problems they were studying and their planned solutions.
Intellectual Heritage professor Naomi Taback saw a change in the way her students were feeling. “I saw students,” she said, “Even ones who were often quiet in class, become animated, passionate, and enthusiastic about their ideas and solutions.”
“Many, many students at Temple, regardless of which college they are in, want to make a difference,” added CLA Dean Richard Deeg. “They want to make the world a better place, even in a small way. The collaboration between the Entrepreneurship Academy and Intellectual Heritages exposes a large number of students to practical techniques for turning their passion into action and tangible results.”
Inciting this passion in students, and helping faculty across campus to do it, too, is the heart of TUEA’s mission. With more than 6000 students enrolled in the IH program each semester, this partnership has potential to spread the entrepreneurial spirit on campus in a big way. The initial pilot program expanded from two to seventeen course sections of Intellectual Heritage II between fall 2017 and spring 2018. The program is expected to launch in more than twenty sections this coming fall.
“TUEA resources and expertise have enhanced GenEd courses by connecting classroom- based learning with action,” says Dana Dawson. Under Dana’s guidance, faculty teaching other GenEd courses have reached out to TUEA, and both professors Kerzner and McNamee see high potential for TUEA to expand their work with the GenEd program in the future.
This spring, TUEA was the recipient of the Fox School of Business IMPACT Award, which recognizes high-impact group achievements that define our community, move the school forward, and serve as a role model for others. If the success of the partnership with IH is any indication, this is just the beginning of TUEA’s cross-campus influence.
CONGRATULATIONS TO THE 2018 BE YOUR OWN BOSS BOWL WINNERS!
Submitted by Jessica Rothstein, Student, Fox School of Business
Submitted by Jessica Rothstein, Student, Fox School of Business
Kovarvic LLC – (C.A.L.M.)
submitted by Daniel Couser, Fox School of Business
submitted by Kavun Nuggihalli, College of Science and Technology
submitted by Shreyas Chandragiri, Paul Gehret, and Kyle Jezler, College of Engineering
submitted by Justin Asaraf, School of Theater, Film, and Media Arts
UPPER TRACK FINALISTS
submitted by Jessica Rothstein, Student, Fox School of Business
Y Space, LLC
submitted by Zilong Zhao, Alumni, Fox School of Business
Osprey Drone Services
submitted by David Ettorre, Alumni, Fox School of Business
submitted by Robert Arnold, Alumni, Fox School of Business
SOCIAL IMPACT TRACK FINALISTS
submitted by Emily Kight, Student, College of Engineering
submitted by Thomas Dixon, Alumni, College of Education
Seeds Job Fair
submitted by Aiman Azfar A Rahman, Student, Fox School of Business
submitted by Abdulrahman Mohammed, Student, Fox School of Business
The Egg at Alter Hall was standing-room only last night as IEI Executive Director Ellen Weber took the podium to open the 20th Annual Innovative Idea Competition Live Pitch Event. “Sometimes what makes an idea strong is that it’s elegantly simple,” she told the audience in her opening remarks. “The kind of idea that makes you think ‘why didn’t I think of that?'”
That rung true when Emily Kight (College of Engineering ’18), an Idea Competition veteran who landed in second place in the Undergraduate Track at last year’s competition, took home the $2500 Grand Prize for her idea: an affordable, accessible, at-home ovarian cancer menstrual blood test. The test, if it makes it to the market, will allow all women, especially those with a higher risk due to family history, to test for ovarian cancer more often, more privately, and more conveniently. This could drastically reduce late detection, a common risk with ovarian cancer because of how difficult its symptoms are to detect.
Kight was also awarded the $500 Global Innovation Prize funded by CIBER for her idea’s potential to have an impact on a global scale.
Twelve finalists total pitched to the competition’s expert judging panel: Glen Gaddy, Chair of Mid-Atlantic Diamond Ventures, Yuval Yarden, Director of Ecosystems Engagement at the Global Entrepreneurship Network, and Shelton Mercer, Principal and Chief Innovation Officer at Benjamin’s Desk. Other top ideas from the night included C.A.L.M (Daniel Couser, FSB ’18) and Vibrasoft (Kyle Jezler, College of Engineering ’18), two healthcare-focused ideas that received first and second place in their track, respectively. In the Upper Track, comprised of graduate students, alumni, faculty, and staff, Immersive Therapy (Keith Regan, FSB Alumni) came out on top and Quick ReCon (Alex Garaschenko, FSB Alumni) was awarded second place.
The audience had a say, too! Two People’s Choice Awards were given to the ideas with the most votes from the audience. New and exciting this year was the Facebook Live stream happening throughout the entire competition via the Fox School of Business Facebook Page, where more than 1000 viewers tuned in and were able to cast their votes along with the live audience. When voting closed, My Student Quarters (Jessica Rehrig, CLA Alumni) came out on top to receive the $1000 first place People’s Choice Award, with Atheroprobe (Laura Navarro, College of Science and Technology ’21) in a close second taking home $500.
Click here for a full list of last night’s finalists and idea descriptions.
Up next? The Be Your Own Boss Bowl. 2018 Rules and Guidelines coming soon!
As professional football executives arrived in Philadelphia to ponder the next generation of talent in the 2017 NFL Draft, students from Temple University brought attention to the most-critical issue facing football: concussion prevention.
Temple University recently collaborated with sport innovation enterprise HYPE Foundation to host two on-campus events geared toward football player safety and sport innovation. (And all ideas were welcome — whether a sure touchdown, or just a Hail Mary concept.)
Students throughout Temple’s 17 schools and colleges participated in an all-day Hackathon. The April 25 event, held at Alter Hall, challenged students from all academic disciplines to create new ideas to enhance the safety of football players. Students competed for cash prizes and access to potential investors. The event lured high-profile jurists like Dan Klecko, Temple alumnus and former Philadelphia Eagles defensive lineman; Temple alumnus Cosmo DeNicola, co-owner of the Philadelphia Soul; and Ryan Tierney, Temple associate professor of kinesiology.
Eleni Latsios, a junior Entrepreneurship major, represented the first-place team — U-View. The students generated an idea for on-field technology that would allow coaches, trainers, and spectators to review plays from multiple angles and distances, in real-time and replays.
“The Hackathon workshop showed me the power of creativity and collaboration,” said Latsios. “It was a great experience working with a group of students, and hearing the other pitches that day and the next day at the pitch competition. The world of sport is innovating so rapidly and I was happy to be positioned at the forefront of that through this event.”
A day later, the Worldwide Pitch Competition welcomed 10 finalists to present their football safety ideas to sport organizations and leading investors from around the world. Also, Latsios’ team and two other finalists from the previous day’s Hackathon had an opportunity to expose their ideas to investors. The pitch competition welcomed leading judges, including: Ben Alamar, ESPN’s Director of Sports Analytics; Rod Nenner, Washington Redskins’ Vice President of Sports Marketing; and Dr. JoAnne Epps, Temple University provost.
After jury deliberation, RecoverX — a hardware technology company providing innovative products to the injury recovery market — earned the grand prize.
“Temple University and innovation go hand-in-hand,” said Alan Kerzner, assistant professor and director of Temple University’s Entrepreneurship Academy. “Our Entrepreneurship programs are nationally ranked, and our students have built a reputation for turning their ideas into thriving businesses. That’s why we were proud to align with HYPE Foundation to provide this unique opportunity for Temple University, its students, and entrepreneurs everywhere.”
The Temple-HYPE collaborative events took place days before the eyes of football fans globally turned to Philadelphia for the 2017 NFL Draft.
These events demonstrated Temple’s strength in research, innovation, and sport. The university houses undergraduate- and graduate-level Entrepreneurship programs that are ranked top-10 nationally by The Princeton Review and Entrepreneur magazine. Temple also is home to the renowned Sport Industry Research Center (SIRC), which provides marketing strategies to enhance the economic, social, and environmental stability of sporting events. The NFL and NCAA are among SIRC’s notable research partners.
Additionally, Temple faculty are leading the way in brain-injury research. In November, an interdisciplinary team of Temple researchers received a $20 million award for greater brain-injury research. And a Fox School of Business professor authored an academic text on head trauma from a legal and insurance perspective.
“These events offered unique opportunities for Temple University, its students, and innovators and entrepreneurs everywhere,” Kerzner added. “It was a university-wide effort involving many colleges and departments, and is hopefully just the beginning of our collaboration to help Temple expand its presence in the burgeoning sport innovation field.”
—Erin McShea and Christopher A. Vito
1. Honeygrow: A #TempleMade Venture
Justin Rosenberg, Fox School of Business, MBA ’09, is the founder of Honeygrow, a restaurant offering healthy fare made with seasonal, local ingredients. Starting this summer, Honeygrow will have 18 locations, including one on Temple University’s Main Campus in Morgan Hall. According to Rosenberg, “I’m a Temple guy. I wrote a chunk of my business plan for Honeygrow at Alter Hall, and the business is very much a #TempleMade concept.” Explore Honeygrow.
2. Yasmine Mustafa Roars for Good
Entrepreneur Yasmine Mustafa, BBA ’06, is an advocate for women. In 2016, she won Philly Geek Awards’ Technologist of the Year for ROAR for Good, a company that makes self-defense wearable technology. The product appears as jewelry but acts as an alarm and safety light that, when activated, connects to a smartphone to text family, friends, 911, or campus security. Mustafa is determined to help women live without fear and reduce the violence against them. Watch her story. Hear her TEDx talk.
3. Neha Raman Brings to Market DIY Nail Polish
In 2015, Neha Raman, who will graduate from the Fox School in 2018, launched a make-your-own nail polish business called Rungh, the Hindi word for “color” (pronounced “Rung”). Her product includes six nail-polish bottles with nail-polish base, 18 pigment capsules, a battery-operated mixer, and disposable mixing wands. Rungh was the official nail polish of Philadelphia Fashion Week in February 2016, the same month Raman was named runner-up in College Pitch Philadelphia. In April 2016, she placed second in Temple University’s Be Your Own Boss Bowl. Learn more about Neha Raman.
4. Adam Lyons Streamlines Shopping for Car Insurance
Founder and chief executive officer Adam Lyons, BBA ’09, launched TheZebra.com to simplify car insurance shopping. TheZebra.com allows drivers to compare over 200 insurance providers on factors such as coverage types, coverage levels, claims rankings, and price. Lyons and co-founder Joshua Dziabiak were named to the 2017 Forbes 30 Under 30 list in the Consumer Tech category, which highlights “game changers” under 30 years old who are revolutionizing industries with a goal nothing short of breaking the status quo and transforming the world. Meet Adam Lyons. Read about his experience pitching his dream investor (hint: it’s Mark Cuban).
5. Chris Wallace Says, Sales Remains People-Centric—Even in the Digital Age
“Sales teams often aren’t aligned with their organization’s strategy,” says Chris Wallace, MBA ’10, managing director, GrowthPlay. In his recent Harvard Business Review article, Wallace discusses how organizations typically spend three times more on sales than advertising, but only deliver 50-60 percent of the forecasted revenue. His passion for sales led him to pursue an MBA at the Fox School and a year after he graduated he founded Incite, a sales force strategy and effectiveness firm. GrowthPlay recently acquired Incite to strengthen its position in the sales effectiveness market. “I could never be where I am today if I didn’t earn my MBA. It changed my career, and helped me see the value of putting people at the center of any business strategy. Today, I help develop better performing sales teams using the skills, knowledge, and business acumen I learned at Fox.” Read his HBR article.
6. Ofo Ezeugwu Wants to Rate Your Landlord
Ofo Ezeugwu, BBA ’13, is the chief executive officer and co-founder of WhoseYourLandlord (WYL), which enables renters to rate their landlords and housing complexes. He graduated from the Fox School of Business at Temple University, where he was the vice president of the student body. He is a Techstars’ Risingstar, one of BET’s #30Under30, and his work has been featured in TechCrunch, The San Francisco Chronicle, The Philadelphia Inquirer, and more. Ezeugwu is based in New York and Philadelphia, is a professional actor and model, has been featured on the Today Show five times, and has worked with Nike, ESPN, and Alfani. Explore WhoseYourLandlord. Watch Ofo pitch on MSNBC:
7. Got a Broken Cell Phone? Call Jesse DiLaura for Repairs.
“I have an obsession with improving,” said Fox School alumnus Jesse DiLaura, BBA ’16, the founder of Repair U—a phone repair company for college students. He is an Entrepreneurship graduate of the Fox School of Business who learned how to turn his hobby, cell phone repair, into a business. The Innovation and Entrepreneurship Institute (IEI) and Temple’s Blackstone Launchpad fed his obsession by offering constructive feedback on every aspect of his business plan. Along the way, he learned the intricacies of launching a business, branding, publicity, and much more. Discover Repair U.
8. Séverine Bandou Adds Scent to Curly Hair Products
“Myjé will enable women with textured hair to neutralize airborne odors without any drying effect,” said Séverine Bandou, a student in the Fox Innovation Management & Entrepreneurship graduate program. “They will experience the sensation of freshly washed hair while saving time and avoiding hair damage due to frequent shampooing, treatments, and styling.” Bandou, who will graduate this year, participated in the Fox School Innovative Idea Competition and placed second in the Graduate, Faculty, Staff, or Alumni category. Read about Bandou on Technical.ly Philly.
9. Nick Delmonico Combines Business, Tech, and Healthcare
Fox School student Nick Delmonico is currently enrolled in Global MBA program. He’s the chief executive officer and co-founder of Strados Labs, a health technology company working on innovative ways to help patients better manage chronic illness in order to live happier and healthier lives. His company is the maker of Pulmawear, a wearable device and companion application providing asthmatics with real-time symptoms monitoring, medication tracking, and personalized analytics to improve self-management. Explore Strados Labs.
10. Brandon Study Wears His Heart on His Sleeve
Understand Your Brand creates awareness about human rights and environmental issues through the apparel manufacturing industry and designs products that tell a better story. Founder Brandon Study is committed to using non-exploitative and minimal environmental impact production, and previously ran Into the Nations, a nonprofit seeking to empower artisans in developing countries. Study, Class of 2017, is a student in the Entrepreneurship Program at the Fox School who has a passion for creativity and social entrepreneurship. Discover Understand Your Brand.
Competition in the 19th Annual Be Your Own Boss Bowl was tough. More than 150 Temple students, alumni, faculty and staff registered to participate in this year’s BYOBB, and after weeks of developing business plans, attending workshops and partnering with mentors, nearly 100 participating individuals and teams submitted their completed business plans for review. This week, 14 finalists were selected to compete at the BYOBB Live Pitch Competition, happening April 20th in Alter Hall.
Each finalist will make an 8-minute pitch to the expert judging panel and conduct a 3-minute Q&A session with the judges following their presentations. At the end of the day, a winner in each track will be announced, and one presenting company will go home with the $40,000 grand prize!
See below for the full list of 2017 BYOBB Finalists, and click here to register now for the Live Pitch Competition!
Undergraduate Track Finalists
Pinpointer submitted by Nigel Satenstein, Fox School of Business
Pitch submitted by Rishi Sheth (Fox School of Business), Andrew Sauber, and Anthony Poidomani (College of Science & Technology)
Prohibere submitted by Emily Kight, College of Engineering
Vitris submitted by Jack Perrotta, Fox School of Business
Upper Track Finalists
ENVIZZO submitted by Ariel Maidansky, Alumna, Fox School of Business
Nisoltus Medical, LLC submitted by Conor Vickers, Student, Lewis Katz School of Medicine
ToothShower, submitted by Lisa Guenst, Alumna, College of Liberal Arts
Viral Ideas Marketing, submitted by David Feinman, Alumnus, Fox School of Business
Social Impact Track Finalists
Frontier Legal Incubator, submitted by Stephen Fox, Student, Beasley School of Law
Reels on Wheels, submitted by Anmol Gupta, Student, Fox School of Business
Sontefa Power, LLC, submitted by Thierno Diallo, Student, Fox School of Business
Understand Your Brand, LLC, submitted by Brandon Study, Student, Fox School of Buisiness
Urban Health Track
Strados Labs, submitted by Nick DelMonico, Student, Fox School of Business
Market Street Moms, submitted by Meghan Mallouk, Student, Fox School of Business
The Angel Capital Association is coming to Philadelphia May 9-11, 2016 for the 2016 ACA Summit. Temple University students have the opportunity to volunteer, and in exchange can attend some of the sessions. This is open to current juniors and seniors as well as graduate students.
Volunteer work includes things such as: working the registration desk, helping move boxes from one location to another, taking head counts in sessions, and taking notes in a few sessions for content to be created and shared with attendees and ACA members who aren’t able to attend.
The following shifts are available. Please email email@example.com if you are interested:
Monday, May 9
7:00 am – 10:00 am – 3 interns for main registration, and help with box moving for sponsor/showcase setup (Convention Center)
7:45 am – 1:30 pm – 2 interns for International Exchange registration/note taking (Montgomery McCracken, 123 S Broad St)
9:45 am – 2:00 pm – 5 interns for main registration (Convention Center)
1:45 pm – 6:00 or 7:00 pm – 5 interns for main registration/take headcount of attendees at concurrent sessions (Convention Center)
6:45 pm – 8:00 pm – 2 interns to help with check-in for VIP Reception (Comcast building)
7:15 pm – 8:30 pm – 1 intern to help check names for International Dinner (Maggianos)
Tuesday, May 10
6:30 am to 10:00 or 11:30 am – 4 interns for main registration/take headcount of attendees (Convention Center)
1:30 pm – 7:00 pm – 3 interns for main registration/take headcount of attendees AND to distribute materials for evening reception (Convention Center)
Wednesday, May 11
8:15 am – 10:15 am – 1 intern to take headcount of attendees (Convention Center)
1:30 pm – 3:00 pm – 2 interns to pack-up, get everything to FedEx Office for shipping
Cocktail Culture Co.
Jungeun Park, Fox School of Business ’16
Richard Armitage, College of Science and Technology ’16
Neha Raman, Fox School of Business ’18
Vitris Wireless, LLC
Jack Perrotta, Fox School of Business ’18
John Nguyen, College of Science and Technology ’18
Chethtra Ten, College of Science and Technology ’18
DevelapMe – The Leadership Analytics Group, LLC
Cliff Tironi, Fox School of Business Staff
Tony Petrucci, Fox School of Business Faculty
Michael Rivera, Fox School of Business Faculty
LifeMotion Technologies LLC
Steven Arose, Beasley School of Law ’16
Séverine Bandou, Fox School of Business ’17
Nicholas Delmonico, Fox School of Business ’17
Kan Yu Au, Fox School of Business
Jake Purcell, Fox School of Business ’16
Robert Rogers, Fox School of Business ’16
Patrick Thompson, Fox School of Business ’16
Elliot Jumpp, Fox School of Business ’16
Green Matters Apparel Company
Tyler Stoltzfus, Fox School of Business ’16
Jacob Andrews, Fox School of Business ’18
Edward Moore, College of Engineering ’16
Mariah Wilson, Fox School of Business ’16
Tony Meyer, Fox School of Business ’17
Alex Falcone, School of Media and Communication ’16
Zach Donovan, Fox School of Business ’17
Will Fulton, Fox School of Business ’16
Andrew Kondelin, Fox School of Business ’18
We are excited to announce that the 2016 BYOBB Keynote Speaker and Recipient of the Self-Made and Making Others Award is: Glen Gaddy, PhD
Glen Gaddy, PhD, is a member of Robin Hood Ventures and the Chair of the Mid-Atlantic Diamond Ventures (MADV). He has experience in real estate, consumer product development and venture funding. Glen has been an active angel investor since 2003, funding real estate and business services ventures. Some of his prior professional experience includes heading a research and development laboratory for a top building materials company as well as running real estate services for the world’s largest consulting engineering firm. He has been published in several professional journals and has led many government research programs. Glen earned a Ph.D. in Materials Science and Engineering from Johns Hopkins University in 1993. Over the years, Glen has volunteered countless hours of his free time to mentor and coach members of the Temple community. When not working with entrepreneurs, Glen is usually on a basketball court where he plays, coaches and referees or attends one of his children’s sporting events.
IME-MS student, Sumbal Bashir, plans to take all the entrepreneurial lessons she’s learned through her program at the Fox School of Business back home to Pakistan. There, she hopes to close the gap and drive the growth of entrepreneurship throughout the country. To learn more about her and her individual accomplishments, check out the news release here.