How Do You Judge Success

1. Critical Thinking

2. Analytical Reasoning

3. Problem Solving

4. Innovation

5. Advocacy

6. Leadership

Company Metrics – The S Curve R

even

ue

Time

The Innovation Window

Original Strategy

New Growth Strategy

Why Entrepreneurial Education is important to individuals

34% of 2012 Workforce is

Contract Based

70% of 2030 Workforce is

projected to be Contract Based

Ming Dynasty (1368 – 1644)

Ming Dynasty

United States of America

• Peaked ~ 1565

• World’s only military superpower

• World’s dominate economic power with focus on:

– Commercialization and globalization

– Fusion of Merchant and Gentry Classes

– Open merchant markets

• ~ 33% of Global GDP

• Collapsed in 1640

• Peaked ~ 1961

• World’s only military superpower

• World’s dominate economic power with focus on:

– Commercialization and globalization

– Fusion of Merchant and Gentry Classes

– Open merchant markets

• ~ 36% of Global GDP in 1985

• Not yet collapsed (still largest Global GDP at 23%)

ENTREPRENEUR OF THE YEAR

Success

IRSC’s School of Business

• Offers an Entrepreneurship Certificate • Business Administration & Organizational

Management Bachelorette programs have capstone projects working with entrepreneurs and businesses

IRSC’s Culture Change

• IRSC is focused on promoting Entrepreneurship to students across our campuses

• IRSC is embedding entrepreneurial case studies in a spectrum of disciplines

IRSC’s Technical Disciplines

• Developing an Online Entrepreneurship Certificate for technicians

IRSC & Entrepreneurial Education

** Ashmore: Entrepreneurship in Vocational Education (http://210.46.97.180/zonghe/book/205-Entrepreneurship%20Education-Quorum%20Books-Calvin%20A.%20Kent/part4_14.htm)

• 50% of startups are in a field where the individual have experience*

• Trade and vocational graduates: • Gain hands-on experience with processes,

equipment and services.

• Are more likely to find areas for improvement from experiencing problems, bottlenecks, and flaws.

• With formal training in entrepreneurship, technicians will be more likely to succeed as entrepreneurs.

Online Entrepreneurship Certificate for Technicians

Online Entrepreneurship Certificate for Technicians

** Ashmore: Entrepreneurship in Vocational Education (http://210.46.97.180/zonghe/book/205-Entrepreneurship%20Education-Quorum%20Books-Calvin%20A.%20Kent/part4_14.htm)

Introduction to Technical Leadership Introduce technical students to: • The concepts, theory and practice of leadership; • Effective written and oral communications and

presentations; • Technical leadership characteristics, individual

differences and self-awareness; • Developing and building teams; • Managing change, conflicts, and crises; • Understanding real-world ethics and core values.

Technical Entrepreneurship Introduces technical students: • To the concepts and practices of technology,

entrepreneurial thinking, and entrepreneurship.

Technical Innovation Introduces technical students to: • The concepts of innovative thinking and innovation

practices. Using lectures, case studies, team exercises, and guest speakers, the course teaches life skills in innovative thought and action that students can use in careers ranging from starting companies to executing R&D projects in large companies.

Digitizing Your Business Introduce technical students to: • The concepts, theory and practice of embedding

digital resources, big data, social media, crowd sourcing, and other digital resources into establishing, building, or expanding a business or idea.

Online Entrepreneurship Certificate for Technicians

21st Century Entrepreneurial Skills

1. Critical

Thinking

Collegiate Learning

Assessment CLA+

2. Analytical Reasoning

3. Problem Solving

6. Leadership

5. Advocacy

4. Innovation

Thank You

Kevin Cooper kcooper@irsc.edu

772-462-7172

Importance of Entrepreneurship EducationNovember 7, 2013

Lynn UniversityBoca Raton, Florida

Thomas KruczekDean of College and Business and Management

• 1975‐ 1990 Approx. $18M on Entrepreneurship Education in U.S. universities

• 1990‐ 2000 More than $1 b+ on Entrepreneurship Education

• 1985: Only 16 Business Schools even offered courses in Entrepreneurship

• Today

The “Evolution” of Entrepreneurship in Education

Ecole des Hautes Etudes Commerciales (Canada) Edith Cowan University (Australia) EM Lyon Fairleigh Dickinson UniversityFlorida Atlantic UniversityFlorida International University Florida State University Fordham GEA College of EntrepreneurshipGeorge Mason University George Washington Georgia State University Georgia Institute of Technology Glasgow Caledonian Grand Valley Hampton UniversityHarvard Hawaii Pacific University HEC (France) Howard Paine University Husson College Idaho State University [Small Business Major] Illinois State Imperial College (UK) India School of Business Indiana University Iowa State University John Carroll University Johnson & Wales University Johnson County Keio (Japan) Kendall College Kennesaw State University Kingston (UK) Lynn UniversityRider University Robert Gordon Rutgers Ryerson Polytechnic University (Canada) Saint Louis University of South Carolina University of Southern California University of St. Thomas University of Stirling (UK) University of Strathclyde International (UK) University of Technology Sydney (Australia) University of Texas Austin University of Texas at El Paso University of Victoria (Canada) University of Virginia University of Washington University of Wisconsin‐MadisonUniversity of Illinois Chicago Wits (South Africa) Wright State University Loyola Marymount University 

Alfred University American International College Arizona State University Babson College Ball State University Baruch College Baylor University Bentley College Black Hills State Bocconi (Italy) Bodo (Norway) Boise State University Boston University Brigham Young University Brisbane Graduate School of Business Brock University (Canada) Cal State, Fresno Cal State, Hayward California State University ‐ Long Beach California State University Monterey Bay Canasius College Carnegie Mellon University Case Western Reserve University Central Michigan University Chapman Chatham College Claremont Clarkson College College of Charleston Colorado State University Columbia University Columbia College (SC) Community College of Indiana Confederation Cornell University Council for Entrepreneurial Development Cranfield University (UK) Creighton University Curtin Institute of Technology Dalhousie University (Canada) Davenport University DeMontfort University DePaul University University of Dublin Eastern Michigan UniversityUniversity of Oregon University of Pennsylvania (Wharton) University of Portland University of Quebec (Canada) University of San Jose‐Recoletos  University of Santa Catarina (Brazil) University of South Africa‐Capetown Laval (Canada) Linköping (Sweden) London Business School (UK) 

Salem State San Diego State University San Francisco State University Savannah State University Seton Hall College Sierra Nevada College Southampton College Southeastern Oklahoma Southern Methodist St. Mary's University of Minnesota St. Marys University of San Antonio St. Cloud State Stanford ‐ Business Stanford ‐ Engineering Sterling College Stillman University Suffolk University Swinburne (Australia) Syracuse University Tarlac State University (Phillipines) Temple University Texas Christian University Thomas College Thomas Edison State College Thunderbird Trinity Christian College Troy State University Tulane University of Akron University of Alabama University of Alberta (Canada) University of Arizona University of Arkansas at Little Rock University of Baltimore University of Calgary (Canada) University of California Berkeley University of California Riverside University of Cape Town (South Africa) University of Chicago University of Cincinnati University of Colorado‐ Boulder University of Colorado, Denver University of Dayton University of Denver University of Durham (UK) University of Georgia University of Ghent (Belgium) University of Groningen (Netherlands) University of Hartford University of Hawaii University of Houston  University of Houston Center for Entrepreneurship Xavier University York University (Canada)Louisiana State Pace 

Lyceum‐Northwestern University (Phillipines) Massachusetts Institute of Technology Massey University (New Zealand)  McGill University (Canada) Miami University Michigan State Middle Tennessee State University MIT Nanyang (Singapore) Napier Nazareth College New England College New Mexico State University [Small Business Major] New York University Norfolk State Northeastern State University Northeastern University Northern Kentucky University Northern Michigan University Northwestern University Notre Dame Ohio University Pace Penn State PHILSSEC Institute of Technology (Philippines) Quinnipiac University Rensselaer Polytechnic Institute Rice University of Iowa University of Jyvaskyla (Finland) University of Kentucky University of Limerick (Ireland) University of Louisville University of Maryland, College Park University of Michigan University of Minnesota University of Manitoba (Canada) University of Massachusetts, Amherst University of Missouri, Kansas City University of Nebraska, Lincoln University of North Carolina University of North Dakota University of North Texas UCLA University of the Findlay University Of Vaasa (Finland) University of Virginia University of Washington University of Wyoming US International University Vienna Univ. (Austria) Wake Forest Washington State University Western Carolina University Wichita State University 

Schools With an Undergraduate MajorIn Entrepreneurship (2010)

3

• US:– 1991:  97 endowed positions– 1999:  237 endowed positions– 2003:  406 endowed positions

• Non‐US– 1991:  4 endowed positions– 1999:  34 endowed positions– 2003:  158 endowed positions

• Total Endowed Positions in Entrepreneurship(2010): 563

Endowed Faculty Positions in Entrepreneurship

• Entrepreneurship Centers:–2001: 93 recognized centers–2010: 221 recognized centers

• MBA Concentrations in E‐Ship–2001 4 programs with an organized concentration

–2010 72 programs with a concentration

More…

• All of our freshman b‐school students start with an Entrepreneurship & Innovation course

• Theme across our b‐school• Entrepreneurship is now the second most popular major at Lynn University

At Lynn University

Just A Few Years Ago…

• “Because the age at which many entrepreneurs starting their first company is getting younger and younger, that means that they are starting that first company with less work experience, it means that what we teach them in our entrepreneurship programs is more important than ever.”

Ed Roberts; MIT

For Startups, ‘E’ Education is Important

But what about those students who aren’t going to start a business straight out of 

school?

Five Reasons Why It’s Important to Teach Entrepreneurship (to 

Everyone!)

• Success in business today is about value you bring to an organization

• It’s about helping organizations to solve their problems

• Entrepreneurship classes emphasize problem/solution or pain/aspirin

• Entrepreneurship Courses: Intro to E, E Finance,  B‐Plan, Social E

1. Teaches Problem Solving Skills

• When I talk with business leaders…• Throughout entrepreneurship classes, we have them write and make presentations

• Over and over and over and over…• Courses: E &Innovation, Negotiations, Family Business, E Marketing, B Plan, E Internships, Small Bus Mgt, 

2. Teaches Communication Skills

• Little happens alone in the workplace• Team work across the major and the College

• Courses: Negotiations, B‐Plan, Social E, E in Practice

3. Teaches Students to Work in Teams

• Information scarcity model of education is changing…information is everywhere today

• But how do we know if it’s good information?• One of the skills students need is “truth vetting” or developing healthy skepticism

• Think how entrepreneurship students must research their new ideas

• Courses: Intro E, B Plan, E Marketing, Corp. E

4. Teaches “Truth Vetting”

• Big challenge for students…seeing businesses in silos

• Integration of marketing, ops, finance, etc. can be seen through Entrepreneurship work

• Courses: E in Practice, B Plan, Capstone

5. Helps Student See the Organization as a Whole

1. Teaches Problem Solving Skills2. Teaches Communication Skills3. Teaches Students to Work in Teams4. Teaches “Truth Vetting”5. Helps Students to See the Organization as 

a Whole

5 Reasons Why It’s Important to Teach Entrepreneurship to Everyone!

• tkruczek@lynn.edu• 561‐237‐7458• Twitter: @DeanTomKruczek• Blog: Entrepreneur on Campus

Thank You!

• University of Pennsylvania • Indiana

• Jonkoping International Business School • Louisville

• McGill University• MIT

• University of Colorado• University of Illinois – Chicago

• Harvard• Maryland

• Texas A&M• UCLA

Schools With Organized PhD Programs in Entrepreneurship (2002)

•University of Missouri•University of Pennsylvania •University of Virginia•University of Washington•University of Western Ontario •Carnegie-Mellon•Instituto de Empresa•Indiana•Jonkoping International Business School •Louisville •McGill University•MIT•North Carolina•Oklahoma State•University of the Incarnate Word•University of Illinois - Chicago

•Boston U. •Georgia Tech•Harvard•Maryland•Minnesota•Mississippi State•NYU•North Carolina•Penn State•Purdue •Rutgers - Newark•South Carolina•SUNY- Buffalo•Tennessee•Texas A&M•Texas Tech

Schools With Organized PhD Programs in Entrepreneurship (2010)

•UCLA•USC•Wisconsin – Madison•EM Lyon•EPFL•European Doctoral Program in Entrepreneurship•Imperial College•University of Essex•Regents University•Stockholm School of Economics•Syracuse•University of Calgary•University of Central Florida•University of Colorado•University of Edinburgh

22

IRSC Entrepreneur ConferenceNovember 7th, 2013

Brian BelowBoral Composites Inc.

2

BricksClay Roof TilesConcrete Roof TilesManufactured StoneComposite Exterior TrimFlyashConcrete & Quarries (Denver, Oklahoma City)

USA

Concrete Bricks Quarries PlasterboardAsphalt Roof tiles Cement Masonry Windows Hardwoods

AUSTRALIA

PlasterboardKoreaThailand China Indonesia MalaysiaSingaporeThe PhilippinesIndiaVietnam

ASIA

Clay Roof Tiles

TRINIDAD1

1. Includes Trinidad Joint Venture

Boral operates in 121 countries with over 600 sites and leading positions in almost all markets of participation

Boral LimitedBoral is an international building an construction materials group, with its headquarters in Sydney, Australia.

Boral USA SnapshotExpansive footprint with focus on the “exterior envelope”

Bricks DistributionBrick Manufacturing

Boral Cladding

Clay TileConcrete Tile

Boral Roofing

Denver RMX/Aggregate & OKC QuarryBoral Materials

Source & Terminals

Stone ManufacturingComposites Manufacturing

Quebec & Newfoundland55 3rd Party Distributors

Ontario & Manitoba140 3rd Party Distributors

British Columbia, Alberta, and Saskatchewan

90 3rd Party Distributors

2,912 3rd Party Distributor Locations in 50 states

CA

NV

AZ

CO

TX

OK

OR

WA

AR

LA

MSAL

TN

KY

INOH

VA

NC

FL

SC

GA

CANADA

USA

3

Innovation Center with Material Science expertise located in San Antonio, TX

Boral USA MissionCreating Sustainable Solutions for the Building Industry

4

Innovation Driven GrowthInvesting in Boral Composites Inc. as a new technology platform

New Technology – New Opportunities

� First of kind exterior trim product

� Proprietary technology

� Highly sustainable material and process

� New channel, geographies, and segments

� Creates a new brand – Boral TruExterior®

� Growth platform for new class of products

� Outbound innovation opportunities

Repair &Remodel – Lancaster, PA

Multi Family New Construction – Glouster, VA

Single Family New Construction – Middle River, MD5

From Concept to Pilot to

Commercial Launch

…….. Process

…….. Strategy

…….. Scale Up

…….. Market Preparation

…….. Execution & Launch

…….. Growth Strategy6

Boral Composites JourneyWhat was the plan?

Boral Composites JourneyHow did we get here?

‘13

Fundamental research  startedFundamental 

research  started

Pilot line product trials

Pilot line product trials

Technical and Market research.  

Field testing

Technical and Market research.  

Field testing

‘07 ’08 & ‘09‘06 Fall ‘11 ‘12

Break ground for Commercial FacilityBreak ground for 

Commercial Facility

First Shipment from Commercial Facility First Shipment from Commercial Facility 

‘10

Named Top 101 Product of 2012 by 

Profestional Builder/Remodeler

Named Top 101 Product of 2012 by 

Profestional Builder/Remodeler

Top Product ‐ Day 1 of International Builders Show

Top Product ‐ Day 1 of International Builders Show

7

• In 31 states and growing

• Employ ~40 people• >150% yr on yr growth

• Launching new products

• In 31 states and growing

• Employ ~40 people• >150% yr on yr growth

• Launching new products

Boral Composites JourneyWhere are we going next?

8

Horizon 1Horizon 1

Horizon 2 Horizon 2

Horizon 3 Horizon 3

Boral Composites JourneyWhat did we learn?

� Aligned values and culture

� Passion for the mission

� Skill and Will

� Polymath – depth and breadth of team knowledge

� Balance of “Why” and “Why Not” people

� Hire for where you are going, not where you are

� Urgency and Endurance

9

Some learnings on building a start-up team that can help prevent head pains from becoming chest pains:

Thank you

10