Final presentation in Entrepreneurial Spirit

St. Jude Children’s Hospital

History

Danny Thomas-Founder of St. Jude Children’s

Research Hospital

Starred in sitcom Make Room for Daddy

Dedicated to St. Jude Thaddeus, the patron

saint of hopeless causes—promise evolved

into something much more… Feb 4, 1962

Believe that “no child should die in the dawn

of life”

Finding cures and saving

children’s lives

How to be successful as an

entrepreneur?

Chance happening?

Only for the highly motivated?

Ambitious?

Well educated?

THE ENTREPRENEUR

CALLING…

SOCIAL ENTREPRENEURDanny Thomas-Founder

No technical skills-not a clinician

Not freelancer- no specific skill or knowledge set

boots trapper-did not do it alone used outside investment

“Success has nothing to do with what

you gain in life or accomplish for

yourself. It's what you do for others.”

Danny Thomas

Danny Thomas and Insights From Course

Reflection of God’s character

Passion

Take something from nothing

Benefit society

Can not lose ethics in business

Vision and Value

St. Jude's holds a commitment to social responsibility on a local, state, national, and global level.

No Child would be denied treatment

Market type

Funding to build the hospital-Walking

salesman

Start up

metrics

Non-Profit

Mission

Recruit a Nonprofit Board

Nonprofit Incorporation

Federal & State Tax Exemption-one of the perks of nonprofit incorporation-apply for 501(c)(3) tax-exempt status with both the IRS and the appropriate state agency. Although it usually only involves board approval and filing a couple of forms

Operations

Overseen by the Board of Directors

The research activities are reviewed annually by the

Scientific Advisory Board, composed of internationally

prominent physicians and scientists.

The hospital’s daily operating costs are $2 million, which

are primarily covered by public contributions. St. Jude has

more than 3,600 employees.

2013-6 2012-7

What I learned: The greatest rewards in life are often not what

you think they will be.

Good leaders don’t spend much time thinking about their leadership they just execute it.

Formal education is necessary, but life experiences are priceless to support your learning.

You can work hard and not be perfect, but still be a good leader. Have a good laugh and not take yourself too seriously.

“If I were to die this minute, I would know why I was born.” Danny Thomas

Make Dreams Come True

How can YOU make a difference?

Questions?

References:

"Pat Patchell." Fifty Fabulous Years. Web. 4 Dec. 2014.

<http://www.stjude.org/stjude/v/index.jsp?vgnextoid=d6e8095ed6d9631

0VgnVCM100000290115acRCRD&vgnextchannel=14f291ee84376310Vgn

VCM100000290115acRCRD>.Web. 4 Dec. 2014.

<http://www.stjude.org/SJFile/annual-report-13.pdf>."The My Hero

Project - Danny Thomas." Myhero.com. Web. 4 Dec. 2014.

<http://www.myhero.ws/hero.asp?hero=D_Thomas_dnhs_US_2011>.

"Nonprofit Entrepreneurship." Resources for Entrepreneurs at Gaebler

Ventures RSS. Web. 4 Dec. 2014. <http://www.gaebler.com/Launching-

a-Nonprofit.htm>.