Launching a business is a complex challenge with many moving parts. Getting a venture off the ground demands dedication and drive, and there are a variety of strategic skills that are crucial for long-term success. In a competitive market, how do you get the attention of investors and, moreover, your target audience? These are questions that Allison Hughes asked herself before she decided to enter the MBA@UNC program at the University of North Carolina at Chapel Hill Kenan-Flagler Business School.
Whether you’re interested in launching your own startup, designing a new product to fill a gap in the market or even stepping in to lead an existing business, entrepreneurship is an exciting path. However, without keen business acumen to complement your idea, your venture may not succeed. For this reason, many ambitious entrepreneurs are earning Master of Business Administration (MBA) degrees to augment their ideas and improve their prospects for success.
When Lauri De Ciccio decided to enroll in MBA@UNC, she was struggling to generate interest in her new Web site, ToddlerResource.com. Through online MBA entrepreneurship courses, De Ciccio gained the support and resources she needed to take her venture to the next level.
Some people are big dreamers and risk takers. Full of drive and determination, these innovators are ready to seize new opportunities, start new enterprises and improve existing business models. According to Ted Zoller, who oversees the teaching and outreach programs of the Center for Entrepreneurial Studies at the University of North Carolina at Chapel Hill Kenan-Flagler Business School, these are the business leaders of the future.
In March 2012, MBA@UNC students, faculty and staff gathered for the second MBA@UNC Global Immersion in San Francisco. This course focused on entrepreneurial and innovative thinking.. It featured meetings a Google’s Mountain View headquarters; lessons from a venture capital panel with renowned panelists from Redpoint Ventures, Highland Capital, Bessemer Venture Partners and Synecor/Synergy Life Science Partners; and a visit with Pandora’s CEO Joe Kennedy.
Who would ever think that a tech Giant like Google could be compared to a drug and rehabilitation facility? Although disparate in their mission, size-, and structure, I learned that you can connect the dots in the most unlikely places. This was just one of many takeaways from our recent Immersion Weekend in San Francisco.
For decades, Silicon Valley has been synonymous with innovation. It is difficult to dispute this claim given that it’s the home to technology and Internet giants such as Apple, Google, Amazon, and Facebook. While it hasn’t lost its staying power, other hotspots for entrepreneurship and technology have emerged over the past ten years, in particular, New York’s “Silicon Alley”.