Posts Tagged ‘business’
If you’re attending FailFest for the first time this year, you’re in for a real treat. At last year’s FailFest—the inaugural fest!—we had a great number of speakers tell us about some of their trials and tribulations as business leaders, and the way they learned lessons after experiencing failure.
This year, you’ll hear plenty more lessons learned, and the ways successful entrepreneurs have led their businesses through failures, but what did we learn last year?
Last year’s list of speakers included some of Indy’s best known entrepreneurs, including the following:
- • David Becker - First Internet Bank
- • Michael Cloran - DeveloperTown
- • Eric Doden - Indiana Economic Development Corporation
- • Gerry Hayes - Slane Capitol
- • Scott Hill - PERQ
- • Scott Jones - Eleven Fifty
- • Mike Langellier - TechPoint
- • Andy Medley - PERQ
- • Clay Robinson - Sun King Brewing Company
- • Neal Rothermel - VMS BioMarketing
- • Jacob Schpok - Office of Small Business and Entrepreneurship
- • Peter Shubert, Pd.D., P.E. - IUPUI School of Engineering and Technology
- • Shawn Schwegman - Gusto
From a wide array of backgrounds, all of these speakers learned valuable lessons about what it means to fail. The most important lesson overall is one that they all seemed to share: you will fail, but if you learn from the failure, you will head right back up.
Our inaugural FailFest was full of failure and was a great success, and we can’t wait for this one to be bigger, better and fail-ier!Written by our sponsor Metonymy Media. Metonymy is a union of creative writers dedicated to serving companies and agencies with practical and effective content marketing strategies for growth and success.
By Taylor Cutshaw, Launch Fishers Intern
The innovative thought process behind web development is a service that is becoming very popular in today’s high tech world. Launch Fishers is happy to have member Matt Dean providing services like this to credit unions through his company, Trabian. Within his company, he looks at problems credit unions have, such as banking and customer service, then finds solutions through web development for that particular credit union. Because Trabian is industry-specific, Matt is able focus on ensuring that his customers are satisfied with the websites he has developed for them, and keep up with maintenance of the sites more easily than if he had a multitude of clientele platforms.
Trabian has been around for a little over 10 years now, starting off as a small company with only a few clients in Texas. Once Matt graduated from Texas A&M, he moved to Indiana where his company blossomed. A large part of Trabian’s success comes from their strategic selection of a specific clientele: credit unions. By focusing on one type of client, they are able to better develop mobile and online banking, which provides better, more streamlined services to the customers that use the website they’ve developed.
"Trabian’s goal is to build custom products that suits their customer needs, while making customer interactions efficient and intuitive," said Matt.
Trabian has seven full-time employees, including Matt, and one contractor. Matt and one other employee work from Launch Fishers, while the other four employees work remotely from different locations all over the country. Matt appreciates the value that co-working spaces provide to start ups, especially Trabian. In general, co-working spaces provide an alternative community and style for entrepreneurs and start ups to attain their goals. Co-working spaces have the ability to provide the freedom for companies to exercise their ideas and talents without some of the traditional roadblocks of growing a business.
Matt and the rest of the team look forward to what the future holds for Trabian.
The future of entrepreneurship and business is dependent on multiple factors, including changing technology, cost of business, and leadership skills. Jason Nazar, a Forbes columnist, highlights five ways the future will look different in the entrepreneurship world. His predictions include:
-The workforce will be 50 percent distributed
-Two out of five U.S. workers will be entrepreneurs
-The office will be the classroom
-Entrepreneurs will be engineers
-The most critical aspects of business will always be completed face to face
Nazar believes the business world is dramatically different even from a generation ago and thinks it will be more pronounced over the next 30 years.
For Nazar's full presentation, watch the video below.
Mistakes are a part of life, personally and professionally. Everyone makes them, but not all of them have the same repercussions. Author Ilya Pozin from Time Magazine said, "Screwing up from time to time is part of the entrepreneurial process--but not all mistakes are created equal." Read her article entitled "9 Biggest Mistakes New Entrepreneurs Make" for insights into how to avoid common mistakes and then how to navigate through them. Remember, if you know what they are, then they're easy to avoid.