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Tau Beta Pi “Integrity and Excellence in Engineering”
Spring 2013 All-Member Meeting #2
ME 1130, February 18th, 2013, 7:00 PM
Meeting Agenda
• Food
• Company Representative
• Chapter News
• Semester Schedule
• Committee Update
• Entrepreneurship Discussion
Food
• Enjoy Mad Mushroom Catering
• Most future meetings will have food
• Let us know of any suggestions
Company Representative
• Please welcome Procter and Gamble
Chapter News
• Engineer’s Week going on now
• TBP Sponsored Research Roundtable
• Honor Society Info Session to Honors Students
• Get TBP name out to honors students
• $2,000 Senior Scholarship from Bechtel
• In discussions to determine distribution
• Beginning of Office Hours
• Tuesdays at 2-4 PM in HAMP 1242 or by appointment
Chapter News
• Office refresh progressing
• National Website Update
• Include Janice Voss
• Updating Website after Research Roundtable
• Include more information, easier to navigate
• Ordering Spring 2011 – Spring 2012 Certificates
• Let Sarah St. Clair know
Semester Schedule Month Sun Mon Tue Wed Thu Fri Sat
Dec 2012
30 Winter Break
31 Winter Break
1 Winter Break
2 Winter Break
3 Winter Break
4 Winter Break
5
Jan 2013
6 Envelope Stuffing, 7:00 PM ARMS Basement
7 Email Eligibility to Students
8
9
10
11
12
13
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15 TBP Info Session, 7:00 PM FRNY 1043
16 TBP Info Session, 7:00 PM FRNY 1043
17 TBP Info Session, 7:00 PM FRNY 1043
18
19
20
21 MLK Day
22 Prospective Interview HAMP 1242
23 Prospective Interview HAMP 1242
24 Prospective Interview HAMP 1242
25 Prospective Interview HAMP 1242
26 Special Initiation, 3:30 PM HAMP 2101
27 Officer Meeting, 7:00 PM ARMS Basement
28 Member Meeting, 7:00 PM EE 170
29
30
31 College of Science Research Panel, 6:00 PM, Pfendler 241
1 Group Dinner, 6:00 PM, Location TBD
2
Feb 2013
3
4
5
6 Honor Society Info Session, 6:30 PM, Shreve Med Room Siemens Info Session, 7:00 PM, HAMP 2101
7
8
9
10
11 Purdue Writing Lab Resume Workshop, 6:00 PM, ME 1130
12
13 CCO Interview Tips, 7:30 PM, EE117
14 Science Fair Judging, 9:00 AM and 12:30 PM
15
16
17 Officer Meeting, 7:00 PM ARMS Basement
18 Member Meeting, 7:00 PM ME 1130 with P+G Info Session Engineers Week
19 Research Roundtable, 11:00 AM, PMU North Ballroom Engineers Week
20 Engineers Week
21 Engineers Week
22 Game Night, 7:30 PM, ARMS B098 Engineers Week
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24
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28
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2
Semester Schedule
Mar 2013
3
4
5
6
7
8
9
10
11 Spring Break
12 Spring Break
13 Spring Break
14 Spring Break
15 Spring Break
16
17 Officer Meeting, 7:00 PM ARMS Basement
18 Member Meeting, 7:00 PM ME 1130 with Epic Info Session
19
20
21
22
23 Boiler Blast TBD
24
25
26
27
28 Initiate Election, 7:00 PM TBD
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30
31
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2
3
4
5 District 8 Conference University of Illinois, Chicago
6 District 8 Conference University of Illinois, Chicago
Apr 2013
7
8
9
10
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12
13
14 Officer Meeting, 7:00 PM ARMS Basement
15 Member Meeting, 7:00 PM ME 1130
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18
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21 Initiation,3:30 PM Officer Elections, 5:00 PM LILY G126
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29 FINALS
30 FINALS
1 FINALS
2 FINALS
3 FINALS
4
May 2013
5
6
7
8
9
10
11 Engineering Commencement
Community Service Update
• Science Fair Judging
• 17 Tau Bates showed up
• Boiler Blast
• Saturday, March 23rd, Time TBD
• More Events in Planning
• Veterans Home
Social Update
• Group Dinner
• 30 Tau Bates enjoyed BWW
• Game Night Planned
• Bring game systems and game
• February 22nd, 7:30 PM, ARMS B098
• Bowling plans in the works
ACE Tutoring Update
• Tutoring going smoothly
• Sign up on Google Docs
• Sign in sheet in tutoring room
• Increased visibility to FYE students
• Flyers around campus
• In-class announcements
Industrial Relations Update
• Siemens Info Session
• 25 members showed up
• Epic Info Session
• During March 18th All Member Meeting
• Resume Booklet completed
Mindset Update
• Setting up committee
• 8 people in committee, still room for more
• Email about committee meeting
• Contacting potential schools
• Updating learning modules to fit interests
• Please let Karen ([email protected]) know if you have any school contacts
Research Roundtable Update
• Research Roundtable
• February 19th, 11:00 – 3:00 PM, PMU North Ballroom
• Need Volunteers
• Free T-shirt for Volunteers
15
Entrepreneurship Dan Ferguson
Serial Entrepreneur, Intrapreneur,
Corporate Executive, Professor, Student,
Researcher, Engineer
16 1-16
What is Entrepreneurship?
Origin of the Word “Entrepreneur”
The word was originally used to describe people who “take on the risk” between buyers and sellers or “undertake” a task such as starting a new venture.
Difference Between an Inventor and an Entrepreneur
An inventor creates something new.
An entrepreneur puts together all the resources needed—the money, the people, the strategy, and takes the risk to transform the invention into a viable business.
17
What is Entrepreneurship?
Entrepreneurship is the process by which individuals pursue opportunities without regard to the resources they currently control.
The essence of entrepreneurial behavior is identifying opportunities and putting useful ideas into practice.
The set of tasks called for by this behavior can be accomplished by either an individual or a group and typically requires:
creativity, drive, and a willingness to take risks.”, Barringer
18
Why is Entrepreneurship Important?
http://www.youtube.com/watch?v=pem0ZSsMQVA
19 1-19
Why Become an Entrepreneur?
There are three primary reasons that people
become entrepreneurs
Desire to be their own boss
Desire to pursue their own ideas
Financial rewards
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http://stvp.stanford.edu/
http://ecorner.stanford.edu/authorMaterialInfo.html?mid=1171
21 1-21
Four Primary Characteristics of Successful Entrepreneurs
22 1-22
Characteristics of Successful Entrepreneurs
Passion for the Business
The number one characteristic shared by successful entrepreneurs
is a passion for the business.
This passion typically stems from the entrepreneur’s belief that the
business will positively influence people’s lives.
Product/Customer Focus
A second defining characteristic of successful entrepreneurs is a
product/customer focus.
An entrepreneur’s keen focus on products and customers typically
stems from the fact that most entrepreneurs are, at heart,
craftspeople.
23 1-23
Characteristics of Successful Entrepreneurs
Tenacity Despite Failure
Because entrepreneurs are typically trying something new, the failure rate
is naturally high.
A defining characteristic for successful entrepreneurs is their ability to
persevere through setbacks and failures.
Execution Intelligence
The ability to fashion a solid business idea into a viable business is a key
characteristic of successful entrepreneurs.
The ability to translate thought, creativity, and imagination into action and
measurable results is the essence of execution intelligence.
24 1-24
(1 of 5)
Myth 1: Entrepreneurs Are Born Not Made
This myth is based on the mistaken belief that some
people are genetically predisposed to be entrepreneurs.
The consensus of many studies is that no one is “born”
to be an entrepreneur; everyone has the potential to
become one.
Whether someone does or doesn’t become an
entrepreneur is a function of the environment, life
experiences, and personal choices.
25 1-25
Myth 2: Entrepreneurs Are Gamblers
A second myth about entrepreneurs is that they are
gamblers and take big risks. The truth is, most
entrepreneurs are moderate risk takers.
The idea that entrepreneurs are gamblers originates
from two sources:
• Entrepreneurs typically have jobs that are less structured,
and so they face a more uncertain set of possibilities than
people in traditional jobs.
• Many entrepreneurs have a strong need to achieve and set
challenging goals, a behavior that is often equated with risk
taking.
26 1-26
(4 of 5)
Myth 3: Entrepreneurs Are Motivated Primarily
by Money
While it is naïve to think that entrepreneurs don’t seek
financial rewards, money is rarely the reason
entrepreneurs start new firms.
In fact, some entrepreneurs warn that the pursuit of
money can be distracting.
27 1-27
Myth 4: Entrepreneurs Should Be Young And
Energetic
The most vibrant age range for early stage
entrepreneurial activity is 25 to 34 years old.
While it is important to be energetic, investors often cite
the strength of the entrepreneur as their most important
criteria in making investment decisions.
What makes an entrepreneur “strong” in the eyes of an investor
is experience, maturity, a solid reputation, and a track record of
success.
These criteria often favor older rather than younger
entrepreneurs.
28 1-28
Types of Start-up Firms
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Entrepreneurship at Purdue
• Discovery Park
• Purdue Research Park
• Academic Research
• Extension Services
• Certificate of Entrepreneurship
• Businesses serving students
• Idea pitch competitions
• Business plan competitions
30
Certificate in Entrepreneurship at Purdue
http://www.purdue.edu/discoverypark/entr/
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Entrepreneurs can change the world!
http://www.youtube.com/watch?v=T6
MhAwQ64c0&feature=related
Thanks for Coming!
• Feel free to talk to the officers afterwards or email them
• Visit office hours on Tuesdays at 2:00 PM
