Doing my weekly research on entrepreneurship, I came across an article about the challenges faced by entrepreneurs. As you know, we offer support to entrepreneurs via one on one counseling, conferences, workshop and access to capital. What are your top three challenges you face as an entrepreneur? By the way, you can read that article here.
The Entrepreneurial Development and Assistance Center and the Entrepreneurial Society at Morgan State University shared some insights on being an entrepreneur to 7th graders at the Stadium School.
The email marketing boot camp held on Saturday, February 9, 2013 helped 10 entrepreneurs with creating a customer acquisition & retention plan using email marketing.
Key points for customer acquisition and retention plan:
EDAC's Director sharing case studies and strategies on Integrity to MSU's National Society of Collegiate Scholars
The 8th Annual Youth Entrepreneurship Conference is right around the corner. On Saturday, January 5th, the youth entrepreneurship conference committee met to discuss the format of the conference, speakers, exhibitors, schools and of course the budget. The planning committee is made up of high school students, entrepreneurs, alumni, MSU students and the EDAC team. The next meeting is scheduled for Saturday, February 2, 2013. For more information, please call 443.885.3663.
During the month of December 2012, students from Overlea and Carver High Schools learned the basics of operating a business during EDAC's Entrepreneur's Go to School Tour. The focus of the tour was to introduce students to entrepreneurship and Morgan State University. Students were divided into teams to create a business based on an idea that they had. Omar Muhammad gave the companies scenarios based on news headlines and experiences that entrepreneurs face in real life. Each team's business was impacted based on the decisions that the students made. Some of the teams had positive net income while others fell into the red. The goal was to allow the students to think about how news stories and events impact companies. The students enjoyed the exercise and expressed interested in learning more about entrepreneurship. The EDAC team will work with the schools to create in school entrepreneurial clubs.