ASU Student Success!
It’s been nearly a full semester since I’ve blogged about my students…or about anything actually. This past semester was busier than I could have ever imagined (yep, that’s my excuse) and a lot has been happening in entrepreneurship at ASU. But instead of blogging, I’d like to think I got a lot of other stuff done and had the privilege of working with a great group of young entrepreneurs. I want to make sure I start the summer off right by recognizing some really stinking impressive ASU students and grads.
Yesterday the winners of the ASU Edson Student Entrepreneur Initiative were announced. Each year the ventures are more and more innovative and possess greater and greater potential (my personal opinion). Much of this is thanks to Brent Sebold who runs the program and all of the folks who work to support him.
In addition to Brent, I think there are some other reasons the ventures keep getting better. This year, 30% of the winners (out of a potential applicant pool of 73k+ students that attend ASU) have gone through one of ASU’s Lean/Customer Development classes or programs, offered through W. P. Carey or Rapid Startup School. Yes, I am bragging a little. These classes and programs are run and taught by my partner, Benson Garner, and/or me.
But the reality is that this has nothing to do with Benson or me – this is simply a testament to the process of launching a new venture in a much smarter way: by asking your customers what ails them, attempting to solve it, and asking if what you’ve created truly solves it. And doing this over and over in a rapid, iterative process until you get it right.
The process is difficult, time consuming, and not always very fun (when your target market tells you they don’t want what you’ve built…that hurts). So it’s not surprising that the entrepreneurs who take the time to do it, listen to what they are told, and act based on the feedback are the ones who are more successful time and time again.
So…who are these hard-working ASU entrepreneurs? Drumroll, please…
AER by Link (an InnovationSpace team product)
I would like to congratulate these winners as well as the entire 2013-14 Edson cohort. I know these teams will be in many headlines as the year progresses and you’ll hear these names frequently.
If you are an entrepreneur, ASU student or simply in the Phoenix Metro Community, there are many options for you to explore. Check ‘em out:
AREA48 (Tempe, Mill Ave)
Lean Launch (ASU students, fall and spring semesters, grad and undergrad, all majors)
Rapid Startup School (ASU Venture Catalyst)
I look forward to sharing more success stories as the 2013-14 year gets underway!