• September 2013

Educating Entrepreneurs: Insights From the Big 10

How did you learn to be an entrepreneur? Did you go to business school and get an MBA? Or did you master the art of entrepreneurship the old fashioned way—by the seat of your pants?

We go back to school with the Big 10 in the September 2013 issue of Be Inkandescent. Scroll down to see the top 10 undergrad and top 10 grad programs that focus on entrepreneurialism, courtesy of research by The Princeton Review. Plus, you’ll find interviews with 10 professors and business school students. We also asked 10 entrepreneurs about their educational paths—and the advice they have for you!

Also in this issue:

We leave you with this parting thought from Mark Twain: Keep away from people who try to belittle your ambitions. Small people always do that, but the really great make you feel that you, too, can become great.

As we celebrate The Inkandescent Group’s 5th birthday this month, we encourage you to find your inner greatness.Hope Katz Gibbs, publisher, Be Inkandescent • Illustrations by Michael Glenwood Gibbs

The Top 10 Entrepreneurial Programs in America: Is Your Alma Mater on the List?

SEPTEMBER 2013: BACK TO SCHOOL

By Hope Katz Gibbs, Founder and Publisher, Be Inkandescent
and Lucas Alexander, Inkandescent Intern

If you are an entrepreneur, you’ve certainly been eating from the tree of knowledge. While numerous religions suggest this metaphor marks the beginning of the intermingling of good and evil—business owners know that the more they learn, the better their businesses will be.

Does that mean a business degree is mandatory? No, say several of the leaders we interviewed for this month’s “Tips for Entrepreneurs” column. But others admit that it was their MBA that made all the difference in their career.

While taking the plunge and making the significant financial investment in an entrepreneurial program is a personal decision, below you will find the top schools in the country that specialize in “Educating Entrepreneurs,” thanks to research from The Princeton Review.

In collaboration with Entrepreneur magazine, it conducts an annual survey of school administrators—including this 2012 study based on data from April through June 2012. The range of data used to evaluate the programs and tally the rankings included:

  • Each school’s level of commitment to entrepreneurship inside and outside the classroom.
  • The percentage of its faculty, students, and alumni actively and successfully involved in entrepreneurial endeavors, and the number and reach of its mentorship programs.
  • Funding for scholarships and grants for entrepreneurial studies and projects, and its support for school-sponsored business-plan competitions.

Which school is right for you, your kids, and your employees? Scroll down to view the list, and don’t miss our two Tips columns this month: Inside the Ivory Tower: Interviews with 10 professors and students in top entrepreneurial programs, and Charting the Course: Insights from 10 successful entrepreneurs on their educational paths.

The following lists, originally reported in September 2012, are reprinted with permission of The Princeton Review. The 2013 lists will be available later this month at: princetonreview.com.

TOP 10 UNDERGRADUATE PROGRAMS FOR ENTREPRENEURSHIP

  1. Babson College: www.babson.edu
    Arthur M. Blank Center for Entrepreneurship
    Babson Park, MA • Phone: 781-239-5522
    Tuition: $41,888 • Enrollment: 2,007
  2. Baylor University: www.baylor.edu
    1 Bear Place, Waco, TX 76798 • Phone: 254-710-3435
    Tuition: $33,716 • Enrollment: 300
  3. University of Houston: www.uh.edu
    Wolff Center for Entrepreneurship
    4400 University, Houston, TX • Phone: 713-743-1010
    Tuition: $18,601 (In-state: $9,211) • Enrollment: 1,847
  4. University of Southern California: www.usc.edu
    Lloyd Greif Center for Entrepreneurial Studies
    700 Childs Way, Los Angeles, CA • Phone: 213-740-1111
    Tuition: $42,818 • Enrollment: 1,170
  5. Washington University in St. Louis: www.wustl.edu
    Skandalaris Center for Entrepreneurial Studies
    One Brookings Drive, St. Louis, MO 63130 • Phone: 314-935-6000
    Tuition: $43,705 • Enrollment: 1,041
  6. Brigham Young University: www.byu.edu
    Rollins Center for Entrepreneurship & Technology
    470 Tanner Building, Marriott School of Management, Provo, UT 84602 • Phone: 801-422-2507
    Tuition: $4,710 • Enrollment: 88
  7. University of Arizona: www.arizona.edu
    McGuire Center for Entrepreneurship
    McClelland Hall, Tucson, AZ • Phone: 520-621-3237
    Tuition: $26,231 (In-state: $10,035) • Enrollment: 1,500
  8. Temple University: www.temple.edu
    Innovation & Entrepreneurship Institute
    1801 N. Broad St., Philadelphia, PA • Phone: 215-204-7000
    Tuition: $23,422 (In-state: $13,596) • Enrollment: 405
  9. University of North Carolina at Chapel Hill: www.unc.edu
    Center for Entrepreneurial Studies
    220 E. Cameron Ave., Chapel Hill, NC 27599 • Phone: 919-962-2211
    Tuition: $28,446 (In-state: $7,694) • Enrollment: 375
  10. University of Oklahoma: www.ou.edu
    Center for Entrepreneurship
    1000 Asp Ave., Norman, OK • Phone: 405-325-2252
    Tuition: $18,978 (In-state: $7,340) • Enrollment: 238

TOP 10 GRADUATE PROGRAMS FOR ENTREPRENEURSHIP

  1. Babson College: www.babson.edu
    Arthur M. Blank Center for Entrepreneurship
    Babson Park, MA • Phone: 781-239-5522
    Tuition: $56,620 • 2011-12 Enrollment: 1,279
  2. University of Michigan: www.bus.umich.edu
    Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies
    701 Tappan St., Ann Arbor, MI • Phone: 734-763-5796
    Tuition: $55,194 (In-state: $50,194) • Enrollment: 2,192
  3. Brigham Young University: marriottschool.byu.edu
    Rollins Center for Entrepreneurship & Technology
    470 Tanner Building, Marriott School of Management, Provo, UT • Phone: 801-422-3500
    Tuition: $20,560 (In-state: $10,280) • Enrollment: 314
  4. Rice University: business.rice.edu
    Jones Graduate School Entrepreneurship Program
    Jones School, Houston, TX • Phone: 888-844-4773
    Tuition: $44,810 • Enrollment: 343
  5. The University of Texas at Austin: www.mccombs.utexas.edu
    Herb Kelleher Center for Entrepreneurship
    1 University Station, Austin, TX • Phone: 512-471-7698
    Tuition: $47,136 (In-state: $32,140) • Enrollment: 327
  6. Washington University in St. Louis: www.olin.wustl.edu
    Skandalaris Center for Entrepreneurial Studies
    1 Brookings Dr., St. Louis, MO • Phone: 314-935-7301
    Tuition: $46,975 • Enrollment: 638
  7. University of Chicago: www.chicagobooth.edu
    Polsky Center for Entrepreneurship
    5807 South Woodlawn Ave., Chicago, IL • Phone: 773-702-7369
    Tuition: $51,614 • Enrollment: 580
  8. University of Virginia: www.darden.virginia.edu
    The Center for Entrepreneurial Leadership
    Charlottesville, VA – • Phone: 434-924-7281
    Tuition: $52,000 (In-state: $47,000) • Enrollment: 686
  9. University of Arizona: ellermba.arizona.edu
    McGuire Center for Entrepreneurship
    McClelland Hall, Tucson, AZ • Phone: 520-621-4008
    Tuition: $39,801 (In-state: $24,839) • Enrollment: 50
  10. University of Washington: www.foster.washington.edu
    Center for Innovation and Entrepreneurship
    110 Mackenzie Hall, Seattle, WA • Phone: 206-543-4661
    Tuition: $39,237 (In-state: $29,166) • Enrollment: 835

That’s not all!

• Read our Q&As with 10 professors and students.
• Don’t miss insights from 10 successful entrepreneurs.

Lighting the Way: 10 Successful Entrepreneurs Share Their Education Paths

Do you need an MBA to have a successful business?

Will a BA in Business suffice?

Or does a Liberal Arts education best prepare you for a career as an entrepreneur?

Scroll down to glean insight from 10 of our favorite entrepreneurs, who shine a light on the courses they charted on the path to owning a booming business.

Here’s to your incredible, indelible, Inkandescent success!


Jim Bognet

Owner and co-founder,
Bognet Construction

Construction mogul Jim Bognet’s dad thought maybe his son would become a doctor. The lad was so good in math and science, it seemed a natural fit. The young Bognet thought differently. The family business was construction, and since he was 7 he had snapped on his little tool belt and headed out on jobs with his dad, Rocco, owner of the general and mechanical contracting firm Bognet, Inc.

As he grew, Bognet spent his summers as a laborer and estimator and operated heavy equipment until he graduated with a degree in mechanical engineering in 1988 from Pennsylvania State University. One of his professors was a vice president at the George Hyman Construction Company and helped him land a job with Tiber Construction. By 1991, Bognet was working for Oliver Carr, and by 1996 he was the director of the DC office for The Leapley Company.

That’s where Bognet met Jeff Kaiser. In 1998, the two leased office space for $500 per month in the basement of a Starbucks on MacArthur Boulevard in Washington, DC. Just over a decade later, they were standing at the helm of a $50 million firm that employs more than 50 people.

“We love construction and are relentless about delivering high-quality, on-time, on-budget solutions for our customers,” Bognet says. “Our goal is to continue to build this firm into a $150 million company in the next five years.”

Bognet says his advice to entrepreneurs follows six simple rules, which he calls the Bognet Way: B = Build long-term relationships, + O = Operate as one team, + G = Go the extra mile, + N = Never stop improving, + E = Engineer win-win solutions, + T = Take ownership.

“At Bognet, we will do whatever it takes to deliver on our promise,” the CEO explains. “Our executive team is highly engaged in every project. We are big enough to provide a full range of services and small enough that the executive team is involved in the details. We do what we say we will do, when we say we will do it.”

Learn more about how Jim Bognet built a multimillion-dollar construction company in the February 2010 issue of Be Inkandescent magazine.


Kristina Bouweiri

President and CEO of Reston Limousine
Washington DC’s premier chauffeured transportation provider and one of the top 20 largest operators in the nation.
RestonLimo.com

A graduate of George Washington University, with a Bachelor of Arts in International Affairs, Reston Limousine CEO Kristina Bouweiri did not study business in a formal college environment.

In addition to daily hands-on experience in all aspects of the company from the time she joined Reston Limousine, Bouweiri has expanded her business knowledge through two C-level advisory groups, networking, and keeping up with the latest business trends through electronic and print publications. She also joined a business book club in 2001, and since then has read more than 100 business books. “I am a lifelong learner and continuously strivesto improve myself and my team,” says Bouweiri.

Does she advise wannabe entrepreneurs to get a business degree? “I do not think a business degree is critical, but that said—if any of my children want to join the family business, I will insist they get an MBA. While most of the professionals in my industry (limo/bus companies) do not have degrees and are true entrepreneurs who started with one car as drivers, technology is making our industry more competitive. To stay ahead of competition, I would want my child to get an MBA.

Bouweiri’s best tip for entrepreneurs: Make time each week for networking.

Here’s why: “The first 10 years that I was in business, I was virtually chained to my desk. I grew my company from $200,000 to $5 million in revenues. Unfortunately, I was a micromanager and had my hand in everything. I was a horrible trainer and reviewed everyone’s work. My inability to train and delegate made me a prisoner in my own office. I worked 16 hours a day, seven days a week. Then 9/11 happened. The phones stopped ringing and the fleet was sitting idle. I was not busy for the first time in my career. To try to drum up business, I started attending events four to six times per week.

“Networking was a journey of discovery for me. Not only was I able to meet new clients, I was also able to find better vendors. For instance, I was able to cut my insurance rates in half and get a bank loan in 24 hours. At networking events, I learned about all of the latest trends, and it is why I started a blog and jumped into social media. I volunteered on membership and gala committees and soon I was offered seats on boards. It was through board-level networking that I was able to create a network of C-level friends and associates.

“In the last 10 years, I have developed a database of 50,000, to which I send a weekly email showcasing my company’s offerings. While networking I have never pushed my business on anyone or ever made followup calls to close a sale. My approach has been to “stay on their radar.” That approach has worked. Today Reston Limousine is grossing $18.5 million in revenues and I can truly say networking tripled the size of my business.”

Read more about Kristina Bouweiri’s rise to being the leader of one of the top 20 limo companies in the nation in our book / radio / TV project, Truly Amazing Women.


Financial Planner Bryan Beatty

Partner
Egan, Berger & Weiner, LLC

Financial Planner Bryan Beatty worked his way through college—taking advantage of work-study programs and near full-time employment. It took him nine years to get that diploma from the Smith School at the University of Maryland-College Park.

“But it was worth it,” says the partner at Egan, Berger & Weiner, LLC. “College taught me how to think and find answers to complicated problems using my wits, and that hard work pays off. In the real world, formulas can only get you so far.”

Does Beatty think wannabe entrepreneurs need to get a business degree? “No not at all. Business school will help with understanding investments, financing, and marketing—but it takes so much more than that to run a business. No class or professor can teach you about how to manage people, or how to hire and train employees like running your business day to day. Hands-on experience—and by that I mean failure early on—teaches you what doesn’t work. You don’t need school for that. You need to get out there and do the work.”

Beatty shares that his mission-critical piece of advice for entrepreneurs about growing their business wisely: “Take calculated risks, and don’t be afraid of failing. Hire good people and learn to delegate.”

For more of Beatty’s advice on planning for Retirement, check out his column in the August 2013 issue of Be Inkandescent magazine.


Andy Hines

Futurist
Hinesight

After trying on a few majors as an undergrad, Andy Hines took a course on “History of the Future,” because it seemed interesting.

“It sure was,” says the futurist, who went on to get a master’s degree in Futures Studies (now “Foresight”) at the University of Houston. “It was one of a handful of such programs at the time. I really had no idea what I was going to do with that degree; I just knew I had to do it.”

The beauty of the Foresight program, Hines explains, was that it gave him a panoramic view of the future landscape—and it helped him to see where the opportunity was in jobs of the future.

“I really wanted to do foresight work full-time, so I hooked on as an intern with a futures consulting firm and worked my way up,” Hines shares. “Then I did a couple of ‘insider’ corporate gigs, working for about a decade with Kellogg’s and then Dow.”

Then, he did some more consulting, until four years ago when he felt comfortable starting his own business. So does Hines think wannabe entrepreneurs need to get a business degree?

“Need is a strong word,” he says. “Certainly, an MBA has to be helpful when you own a business. But I think of it as a complement to ‘something else,’ with the ‘something else’ being the source of one’s entrepreneurial idea/drive/zeal.”

What is Hines’ mission-critical piece of advice for entrepreneurs?

“Know thyself!” the futurist insists. “I’m sure that I’m on the cautious end of the spectrum, in that I carefully built a set of credentials over time and then took the leap. If you’re that type, then it’s about being patient and sticking with the plan. If you’re more towards the ‘jump right in’ end of the spectrum, then it’s probably about doing the research before jumping. Neither is right or wrong, but it sure does help to know which suits you better.”

For more of Hines’ “Hinesights,” click here to read his columns in Be Inkandescent magazine.

Want to learn more about Hines’ take on what’s coming in the future of business? Click here to check out his speaking topics, and book him for an upcoming keynote and workshop.


Jo Packham

Founder and Publisher
Where Women Create

With no formal education in business, Jo Packham has risen to the top of the craft community as a publisher of several successful magazines for artisans.

The creator and editor-in-chief of Where Women Create, Where Women Cook, and Where Women Create Business has been a leading innovator in the handmade publishing market for more than 30 years.

Her publishing company, Chapelle Ltd., has packaged more than 1,000 titles for most major publishers in the industry including: Time Warner, Oxmoor House, Meredith Corp. , Rodale Press, Random House, Chronicle, and others.

Nonetheless, Packham admits that her education—a double major in Art and Child Development from the University of Utah and California State University in Sacramento—did little to prepare her for a career as an entrepreneur.

“I would recommend anyone wanting to start a company graduate with a Business or Marketing degree, or alternatively, that you work for a minimum of two years in the field of your interest for an entrepreneur whose company is similar to the one you are considering,” Packham explains. “You need to be trained in every facet of the business you want to start.”

Specifically, she advises: “If you want to own a restaurant—wait tables, order ingredients, manage the staff, understand the income versus the costs (which include waste, spoilage, theft, etc.).” And, she insists, “the entrepreneur you work for should own a successful company of the size and composition of your projected business venture.”

What is the one mission-critical piece of advice Packham has for entrepreneurs about growing their business wisely? “Do your homework, then find a way to fill a need that is not currently being met. Do not assume that you know the details of an industry if you have not studied it, worked in it, and analyzed all aspects of it.”

Click here to listen to our podcast interview on the Truly Amazing Women Show on the Inkandescent Radio Network.


Gina Schaefer

Owner of Nine Ace Hardware Stores, DC
www.acehardwaredc.com

The owner of a string of hardware stores in downtown Washington, D.C., ACE Hardware owner Gina Schaefer and her husband Marc proudly stand at the helm of an $18 million company.

Armed with a graduate degree in Political Science, she worked for a few years at the Children’s Defense Fund before embarking on entrepreneurship. “We were young and dumb,” Schaefer says with a grin. But the real answer seems to be equal parts necessity, opportunity, humility—and true grit.

Whether you have a business degree, or not, Schaefer says the key to success is not letting your lack of experience stand in your way.

“When I am speaking with people about my business, most inevitably ask what kind of hardware experience I had prior to opening Logan Hardware. The answer is easy—almost none. I did not inherit the business or buy it from someone.”

More importantly, Schaefer shares, is that she had very little retail experience before she bought into ACE. “Honestly, I think that probably would have helped me more than knowing how to change a flapper or use a hammer drill.”

“If hindsight is 20/20, then not giving in to a fear of inexperience turned out to be even more valuable to me as I started my path to business ownership,” she insists.

How did Gina Schaefer turn her chain of ACE Hardware stores into a multimillion-dollar corporation? Read all about it in the March 2010 issue of Be Inkandescent magazine.


Tara Sheahan

Founder
Conscious Global Leadership

“The best education I have had was training to become an Olympic skier,” says Tara Sheahan, founder of Conscious Global Leadership. “It has always been my passion, and it required discipline, focus, commitment, and resiliency—all of which gave me enormous strength in my physical and mental body.”

Such dedication directly translated to having the courage and confidence to create her own business, Sheahan explains, noting that her first job—at age 13—was washing dishes at a local restaurant in Breckenridge, CO. “The freedom that came with having my own money to buy whatever I wanted was tremendously empowering.”

Later, as a student at Middlebury College in Vermont, Sheahan says she worked hard to find the delicate balance between classwork and skiing on one of the best teams in the country. “The overwhelming feeling to succeed was enormous at times, though when I finally graduated I realized I had achieved something beyond getting a diploma. The best education was taking on a lot of responsibility and simply handling it. That only comes from being fearless, actualizing your dreams, and turning them into reality.”

While a business degree can be a useful training ground for many business owners, Sheahan believes the critical ingredient in becoming a successful entrepreneur is a deep practice of mindfulness training. “You root out any self-doubt, and master the art of being intuitive about what you need to do to be truly successful. Of course, success begins within oneself. The key is to eliminate the mental programming that says, ‘I’m not enough, I’m unworthy, I can’t.’ Positive affirmations and an inner knowing that you can do whatever you set your mind to is what gets us to where we dream of being as entrepreneurs.”

What is Sheahan’s advice for growing a business wisely?

“Develop your intuitive power,” she says. “Indigenous leaders use ‘heart intelligence’ to make decisions. By tapping into emotional guidance, you will make choices from a deep, authentic place. This provides an incredible ability to understand your clients, customers, partners, friends, and family.”

For assistance, Sheahan recommends listening to Deepak Chopra and Oprah Winfrey’s meditation challenge programs, which are easy to download online and use daily. She notes, too, that mindfulness training is being practiced at some of the most cutting-edge companies in the world such as Google and eBay. Plus, the Wisdom 2.0 conference, hosted in Silicon Valley annually, has more than 1,000 attendees.

“This is reflective of our desire to access the intelligence of our mind, body, and spirit,” Sheahan shares. “Taking a mindful approach to business is how the next generation of entrepreneurs will become the leaders of the 21st century—from the inside out.”

Learn how to open your heart—in your business, and your life—in our feature story on Tara Sheahan and Conscious Global Leadership in the May 2013 issue of Be Inkandescent magazine.


Dr. Esther Sternberg

Author of “Healing Spaces: The Science of Place and Well-Being,” and, “The Balance Within: The Science Connecting Health and Emotions”
www.EstherSternberg.com

Internationally recognized for her discoveries of the science of the mind-body interaction in illness and healing, Dr. Esther Sternberg is a major force in collaborative initiatives on mind-body-stress-wellness and environment inter-relationships.

Currently the professor of medicine and research director at the Arizona Center for Integrative Medicine at the University of Arizona at Tucson, Dr. Sternberg received her MD degree and trained in Rheumatology at McGill University in Montreal and did post-doctoral training and was on the faculty at Washington University, St. Louis, MO. Prior to joining the faculty of the University of Arizona, she was chief of the Section on Neuroendocrine Immunology and Behavior at the National Institute of Mental Health, director of the Integrative Neural Immune Program, NIMH/NIH, and co-chair of the NIH Intramural Program on Research in Women’s Health.

While business isn’t her background, she has mastered the art of entrepreneurship by working at the interface between disciplines.

“What is common knowledge in one domain may be totally new in another. It is often—perhaps always—in that space between disciplines that the greatest innovations are made,” Sternberg says. “What may seem mundane to one field, when applied to another, can yield the greatest discoveries. Plus, by doing so, many of the technological bugs will already have been worked out and the application to the new area will need that much less tweaking.”

Dive deeper into the business of healing yourself in our cover story on Dr. Sternberg in the June 2012 issue of Be Inkandescent magazine.


Lisa Anne Thompson Taylor

President
Taylor Strategic Partnerships

Lisa Anne Thompson Taylor took a circuitous path to entrepreneurship, she says. “I pursued a traditional Liberal Arts education at universities in the US and England, followed by 15 years in the nonprofit sector, then launched Taylor Strategic Partnerships.”

She studied sociology in college, and it provided a philosophical backdrop for her industry—philanthropy—and the collective response to societal inequities. “It was useful in developing the concept of program design, metrics, and analytics,” she explains. “That being said, developing business plans and financial forecasting were nowhere to be found in the curriculum.”

Does she think wannabe entrepreneurs need to get a business degree? “I suggest it’s more important to acquire industry knowledge and experience first, making it easier to identify unmet needs and understand your competition,” Thompson Taylor says. “This is a great launching point for entrepreneurship.”

What’s her best advice for other entrepreneurs? “Have a partner, or align yourself with an Obi-Wan Kenobi.”

Don’t miss Lisa Anne Thompson Taylor’s advice on “How to Avoid ‘Checkbook Philanthropists’ By Seeking Donor-Investors” in the July 2013 issue of Be Inkandescent magazine.


Joe Weston

International workshop facilitator, author, life coach
Respectfulconfrontation.com

A creative social activist, and advocate for peace, Joe Weston’s book, Mastering Respectful Confrontation, is selling throughout the world.

Born and educated in New York, he lived in Amsterdam for 17 years before moving to Washington, DC, in 2012.

“I am committed to helping others embody their true power, and supporting them on their journey towards personal fulfillment and freedom,” says Weston, who brings a wealth of insight to his work based on many teachings—including Tai Chi Chuan and a variety of ancient traditions—plus his experience in theater and various organizational trainings.

Clients appreciate what he has to say, including NASA, the Dutch Ministry of Foreign Affairs, Mitsubishi Motors, The Giving Institute, and various educational institutions. He also volunteers for the Liberation Prison Project, teaching Buddhism to inmates.

“I’ve never seen myself as an entrepreneur,” admits Weston, who studied classical acting and literature in college. He worked at a successful theatre company in Amsterdam, and taught in several theatre schools around Europe before launching his own professional acting studio. “I did all this on sheer will, creativity—and a little business acumen.”

When Weston shifted his focus to self-development, transformational trainings, and conflict resolution, he realized a business degree would be useful. Rather than go back to school for an MBA, he used his background in martial arts, the performing arts, human behaviorial studies, and various Eastern philosophies.

“This shaped me into a respectful, creative, grounded leader and innovator,” he shares. “I guess if you would like to make your journey of entrepreneurship smoother, I would say ‘yes,’ getting a degree in business would be helpful. But I enjoyed the challenges of my path not having a solid background in business systems. I feel not having this background fosters a deeper level of creativity and innovation. Like everything in life, the path you chart is up to you.”

Are you ready to master the art of Respectful Confrontation? Read more about it in the January 2013 issue of Be Inkandescent magazine.


Derek Woodgate

Futurist, Founder
The Futures Lab

“I consider my whole life a matter of never-ending education and exploration,” says futurist Derek Woodgate, who has a MS degree from Zagreb University in Political Economics.

“I feel that the varied positions I have held in corporate and even in the 11 years I worked in the British Diplomatic Service to have been more important to my development as an entrepreneur,” he shares.

A fully fledged entrepreneur for 17 years, Woodgate has grown his practice from a single home office in Belgium to offices and sister companies on all continents.

“Entrepreneurship can arise by design or accident,” he believes. “Both can work equally well. Whilst I have always considered the ability to define and offer a unique, competitive area of expertise more important than a college business education, I am sure basic knowledge of business is critical.”

What is required to master the art of entrepreneurship? Woodgate insists that it’s recognizing one’s strengths and acknowledging one’s weaknesses. “In order to optimize performance and contribution, not being ashamed or shy to collaborate, network, and ask for help has given me the confidence to grow the company and grow personally.”

Confidence along with dedication, endurance, good judgment, timing, vision, etc., are all important, he explains. “But for me, the ability to enjoy oneself even when the going gets tough is an essential ingredient for the successful entrepreneur.”

What exactly does a futurist do? Derek Woodgate explains in the December 2012 issue of Be Inkandescent magazine.

Want to learn more about the future? Consider hiring Derek Woodgate as a speaker for your next conference. Check out his page on InkandescentSpeakers.com for details.


Lee Woodruff

Author, activist, entrepreneur
www.LeeWoodruff.com

“I have a BA in English and most of what I know I learned on the job,” says Lee Woodruff, who started her career as a PR specialist and broadcaster before becoming an author and entrepreneur.

“I spent many years doing whatever it took to get the job done and go a little above and beyond as well—and I watched and determined what I did and didn’t want to do when it came to running my own business.”

Being a keen observer as you are honing your skills and coming up the ladder is really important, she insists. “For example, I knew I didn’t want a staff of people to be responsible for, didnt want to have to think about health insurance issues and filing business taxes. I wanted to remain a sole proprietor and work with other freelance people on an as-needed basis.”

What advice does she offer others?

“I would never offer advice on a path for others without knowing their particulars,” she says. “I think the beauty of the Internet today is that it has created so many more options for all of us. My ability to flex my time raising kids with my home-consulting marketing and writing business was invaluable to me. It was precisely what I wanted to do and it allowed my husband to be able to travel for long periods of time with his job and have one of us physically at home.

“This was what worked for me, but each person has to decide what is best for them. I do know that getting skills early on in life and then keeping them sharp throughout is a recipe for remaining relevant in a quickly evolving workplace.”

Learn more about the strength, resilience, and determination of Lee Woodruff in our March 2011 Women in Power issue of Be Inkandescent magazine.

If you have built castles in the air, your work need not be lost; that is where they should be. 
Now put foundations under them.”

– Henry David Thoreau

Women once had the goal of being Superwoman; I think most of us now simply strive to have a super day.”

– Author, Activist Lee Woodruff

It is possible to fail in many ways…while to succeed is possible only in one way.”

– Aristotle

A man is a success if he gets up in the morning and goes to bed at night and in between does what he wants to do.”

– Bob Dylan

The awakening to the mystery of life is a revolutionary event; in it an old world is destroyed so that a new and better one may take its place.”

– J.J. Van Der Leeuw, The Conquest of Illusion

The real voyage of discovery consists not in seeking new lands, but in seeing with new eyes.”

– Marcel Proust

When we speak we are afraid our words will not be heard or welcomed. But when we are silent, we are still afraid. So it is better to speak.”

– Audre Lorde

The less effort, the faster and more powerful you will be.”

– Bruce Lee

It is to no purpose to turn away from the real nature of the affair because the honor of its elements excites repugnance.

– Carl von Clausewitz, On War

I’ve come to confirm that one’s title, even that of president, says little about how well one’s life has been led. No matter how much you’ve done, or how successful you’ve been, there’s always more to do, to learn, and to achieve.”

– Barack Obama

Opportunity is missed by most people because it is dressed in overalls and looks like work.”

– Thomas Edison

Everyone is a mirror image of yourself—your own thinking coming back at you.”

– Byron Katie

In the middle of difficulty lies opportunity.”

– Albert Einstein

Are you willing to help other people succeed even when it’s not a requirement of your job to be of assistance?”

– Steven Schussler

‎That which grows fast withers as rapidly; that which grows slowly endures.”

– J.G. Holland, novelist

Pain is inevitable. Suffering is optional.”

– Dalai Lama

Do not say, ‘why were the former days better than these,’ for it is not from wisdom that you ask this.”

– Ecclesiastes, 7:10

Running that first shop taught me business is not financial science; it’s about trading.”

– Anita Roddick, founder, The Body Shop

Education is the most powerful weapon which you can use to change the world.”

– Nelson Mandela

The best reason to start an organization is to create a product or service to make the world a better place.”

– Guy Kawasaki

As each woman realizes her power, she transforms the world.”

– Patrice Wynne, WomanSpirit Sourcebook

We need to learn to set our course by the stars, not by the lights of every passing ship.”

– General Omar Bradley

Try not to become a man of success but rather to become a man of value.”

– Albert Einstein

Entrepreneurs are willing to roll the dice with their money or reputation on the line in support of an idea or enterprise.”

– Victor Kiam

With ordinary talents and extraordinary perseverance, all things are attainable.”

– Sir Thomas Fowell Buxton

There is little success where there is little laughter.”

– Andrew Carnegie

If it isn’t good, let it die. If it doesn’t die, make it good.”

– Ajahn Chah

Don’t wait for someone else to lead you to your right life; that privilege—and responsibility—is yours alone.”

– Martha Beck

Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do.”

– Mark Twain

Promise me you’ll always remember: You’re braver than you believe, and stronger than you seem, and smarter than you think.”

– Christopher Robin to Pooh

Many people prefer to play it safe when it comes to business matters. Are you willing to take risks in the pursuit of entrepreneurial success?”

– Steven Schussler

There are risks and costs to a program of action. But they are far less than the long-range risks and costs of comfortable inaction.”

– JFK

The gem cannot be polished without friction; nor man perfected without trials.”

– Chinese proverb

How do you stay resilient? It’s about momentum. Like riding a bicycle. If you stop you fall over. So I keep pedaling.”

– Diane Lane

‎Excellence is to do a common thing in an uncommon way.”

– Booker T. Washington

Let yourself be silently drawn by the strange pull of what you really love.”

– Jalaluddin Rumi

A discovery is said to be an accident meeting a prepared mind.”

– Albert Szent-Gyorgyi

4oz tequila + 1oz TripleSec + 2oz lime juice + 1oz simple syrup (sugar=water), 1 cup crushed ice. Shake + dance around the kitchen.

– Avenida Margarita

A man who strikes first admits that his ideas have given out.”

– Chinese Proverb

Success is the necessary misfortune of life, but it is only to the very unfortunate that it comes early.”

– Anthony Trollope

It is only when the mind is free from the old that it meets everything anew, and in that there is joy.”

– J. Kristnhamurti, The First and Last Freedom

Tolerance and patience should not be read as signs of weakness. They are signs of strength.”

– The Dalai Lama

Whatever you do may seem insignificant, but it is most important that you do it.”

– Gandi

You must learn to be still in the midst of activity 
and to be vibrantly alive in repose.”

– Indira Ghandi

As your desire is, so is your will. As your will is, so is your deed. As your deed is, so is your destiny.”

– Brihadaranyaka Upanishad

We need to learn to set our course by the stars, not by the lights of every passing ship.”

– General Omar Bradley

We must be willing to let go of the life we have planned so as to have the life that is waiting for us.”

– Joseph Campbell

Do one thing every day that scares you.”

– Eleanor Roosevelt

Simplicity is the ultimate sophistication.”

– Leonardo da Vinci

I don’t do very well without fear. There needs to be a part of me saying, ‘That’s going to fail,’ so I can prove myself wrong.”

– Harry Potter's Daniel Radcliffe

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