deming /business/ en Creative Distillation - Episode 76: Reversing the Arrow conference with Kathy Eisenstadt /business/deming/news/2025/02/18/creative-distillation-episode-76-reversing-arrow-conference-kathy-eisenstadt Creative Distillation - Episode 76: Reversing the Arrow conference with Kathy Eisenstadt Emily Iliff Thu, 02/20/2025 - 06:00 Categories: deming Tags: deming Emily Iliff

What makes a great entrepreneur? How do the best innovators navigate uncertainty and scale their ventures successfully? In the latest episode of our podcast, we sit down with , a renowned Stanford professor and keynote speaker at the Global Entrepreneurship and Innovation Research Conference, to uncover the answers.

From her groundbreaking research on decision-making in fast-paced environments to her insights on unit profitability, Kathy shares invaluable lessons for entrepreneurs, educators, and business leaders alike. She explores the delicate balance between structure and flexibility in startups, emphasizing the power of simple rules to guide decision-making.

In this episode, we also dive into:

  •  How mixing business and engineering mindsets fosters innovation
     
  • The key to making fast, strategic decisions in uncertain environments
     
  • Why focusing on unit profitability leads to stronger, more sustainable business models
     
  • Case studies on civilian drones and how companies like DJI outpaced competitors through parallel experimentation
     
  • What makes some entrepreneurs better at scaling and pivoting than others

Join hosts Jeff York and Brad Werner from the University of Colorado Boulder, as they explore these topics with one of the leading minds in entrepreneurship research. Whether you're an entrepreneur, investor, or simply fascinated by how businesses succeed (or fail), this conversation is packed with insights you won’t want to miss.

 

and stay ahead in the world of entrepreneurship!

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Thu, 20 Feb 2025 13:00:00 +0000 Emily Iliff 18617 at /business
How Erin Bateman is Breaking the Mold and Redefining Entrepreneurship and Career Growth Through Adaptability and Growth /business/deming/news/2025/02/18/erin-batemans-entrepreneurial-journey-through-adaptability-and-growth How Erin Bateman is Breaking the Mold and Redefining Entrepreneurship and Career Growth Through Adaptability and Growth Emily Iliff Thu, 02/20/2025 - 05:30 Categories: deming Tags: deming Emily Iliff

Most people think of entrepreneurship as launching a startup, chasing investment rounds, and building something from the ground up. But for , entrepreneurship took on a different meaning: one rooted in resilience, adaptability, and personal healing. A successful biotech professional, Erin seemed to have her career mapped out until a life-altering event forced her to reassess her priorities. What started as a step back from corporate life unexpectedly became a step forward into entrepreneurship, proving that career success isn’t always a linear path.

Born and raised in Colorado, Erin stayed close to home, attending Boulder and later building a successful career in biotech. She spent a decade working in the corporate world, thriving in an industry dedicated to producing life-saving medicines. However, a deeply personal experience, the miscarriage of her second child, shifted her priorities. “I couldn’t figure out how that had happened to me,” she reflected. In the wake of her loss, she made the difficult decision to leave corporate life and focus on her family. Yet, in stepping away, she unknowingly stepped into entrepreneurship.

During this transition, Erin founded Bateman Technical Services, a biotech quality consulting firm, allowing her to maintain a foothold in the industry while balancing motherhood. She also launched Bateman Publishing, a personal endeavor born from her need to heal. Writing became a way to process her grief, and through it, she discovered a new form of professional fulfillment. “I was using these businesses as a way to heal from past pain but also as a way to make sure I wasn’t losing my skills,” she explained.

Navigating Career Transitions  

Erin’s journey also sheds light on an often-overlooked aspect of entrepreneurship: the ability to navigate career transitions while maintaining industry relevance. Her decision to step away from corporate life was driven by personal circumstances, but her approach to staying engaged with her field was intentional. She recognized early on that maintaining professional connections and staying informed about industry developments would be crucial if she ever wanted to return. By founding her consulting firm, Bateman Technical Services, she created a pathway to continue working in biotech on her own terms while prioritizing her family.

This strategic move not only preserved her expertise but also ensured she remained a valuable asset in a competitive field. She frequently interacted with colleagues, attended industry events, and leveraged contract opportunities to stay engaged. Erin’s experience highlights the importance of adaptability, demonstrating that entrepreneurship doesn’t always mean launching a disruptive startup, it can also serve as a bridge between career phases.

Her return to corporate life was gradual, mirroring her approach to entrepreneurship. She initially took on part-time consulting roles, allowing her to transition back into the workforce at a comfortable pace. Eventually, she reentered the corporate world full-time, where she continued to apply the problem-solving mindset and flexibility she had developed as an entrepreneur. While corporate positions offered stability, benefits, and structured career growth, Erin recognized the unique advantages of running her own business- especially the autonomy it provided.

Leveraging Business Ownership as a Strategic Career Tool

Her story also highlights the challenges and hidden responsibilities of entrepreneurship, such as navigating taxes, retirement planning, and business administration. The experience of managing her own firm gave her a deeper understanding of financial management and strategic decision-making, skills that proved invaluable when she returned to corporate roles. Her ability to pivot between corporate work and independent ventures illustrates that entrepreneurship can serve as both a solution to personal challenges and a strategic career tool.

Erin’s journey is a testament to the evolving definition of entrepreneurship. Rather than building a traditional startup, she used entrepreneurial principles to sustain her career through life’s uncertainties. Her experience serves as an example for professionals, particularly those balancing family and career aspirations, that entrepreneurship isn’t just about launching a product: it’s about creating opportunities that align with personal and professional goals.

How an Entrepreneurial Mindset Fuels Career Growth and Adaptability

Erin’s perspective on career evolution embodies the essence of an entrepreneurial mindset: one that embraces adaptability, continuous learning, and the courage to take calculated risks. She challenges the misconception that choosing a major or career path locks individuals into a rigid trajectory. Instead, she encourages exploration, emphasizing that industries evolve, opportunities emerge, and personal interests shift over time. Her own journey, from kinesiology to biotech, from corporate to consulting, and back again, serves as proof that career paths are rarely linear.

Her approach to pivoting was both strategic and intuitive. Rather than fearing change, she saw it as an opportunity to expand her skill set and explore new interests. By engaging in temporary roles, consulting, and networking, she remained professionally relevant even during career transitions. She underscores the importance of being open to new industries, learning from others, and taking the initiative to seek opportunities. Whether it was through temp agencies, LinkedIn connections, or casual conversations, Erin built her career by saying yes to possibilities, even those she had never initially considered.

Her story also highlights the often-overlooked entrepreneurial mindset: entrepreneurship is not solely about founding a startup or inventing a groundbreaking product. It can also be about leveraging independence, flexibility, and problem-solving skills to navigate career shifts and maintain professional fulfillment. Whether running a small business, consulting, or stepping into a corporate role, the key is to remain adaptable, continuously seek growth, and understand that success is not a singular path but a collection of experiences.

For students and professionals alike, Erin’s journey is a reminder that there is no single definition of success. The ability to pivot, take risks, and forge new paths is at the heart of an entrepreneurial mindset. Whether it’s launching a business, shifting industries, or exploring multiple interests, there are always options. Her experience exemplifies that entrepreneurship, in its many forms, is less about following a specific blueprint and more about creating a career that aligns with personal values and aspirations.

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Thu, 20 Feb 2025 12:30:00 +0000 Emily Iliff 18618 at /business
Arterial: The Boulder Startup Revolutionizing Road Maintenance /business/deming/news/2025/02/11/arterial-cu-boulder-startup-revolutionizing-road-maintenance Arterial: The Boulder Startup Revolutionizing Road Maintenance Emily Iliff Thu, 02/13/2025 - 05:30 Categories: deming Tags: deming Emily Iliff

Entrepreneurship often begins with an idea, but sometimes, it starts with an unexpected friendship. For  and , two Boulder students from opposite sides of campus, their journey into entrepreneurship wasn’t planned—it happened by chance. Kyle, originally from Australia, found himself in Colorado after finishing high school and eventually landing at Boulder without a clear plan. Wade grew up in North Carolina and chose on the recommendation of his rock climbing mentor.

Despite majoring in completely different fields, Kyle in Computer Science and Wade in Information and Data Science, the two quickly became close after a concert at the University. What started as a shared taste in music quickly grew into a strong friendship, leading to their current venture, : a startup aimed at solving a problem as common as it is frustrating—potholes.

The idea wasn’t new to Kyle, who had brainstormed solutions for everyday issues with his dad for years. One of those ideas involved using cameras on buses to detect potholes and relay the data to cities for faster repairs. A year ago, Kyle realized he finally had the technical skills to build the software, and after mentioning it to Wade, the two decided to turn the idea into reality. With Kyle handling the programming and Wade managing outreach, logistics, and networking, they formed a natural business duo, one that has been making steady progress ever since.

Arterial: Using AI to Revolutionize Road Maintenance with Real-Time Data

Arterial is focused on efficiency- using AI-powered dash cameras to detect potholes, road cracks, and infrastructure issues before they become major problems. Their system is designed for easy integration into municipal vehicles like garbage trucks and parking enforcement cars, allowing these vehicles to passively scan the roads as they go about their daily routes. The AI they developed automatically detects damage, from minor cracks to major potholes, as well as other issues like fallen signs or broken curbs.

This data is stored and processed through a custom-built dashboard, where city maintenance departments can access a live, interactive map pinpointing problem areas. The system allows users to track the progression of potholes, determining if they are growing rapidly and need immediate attention. The platform also automates work orders, estimating costs and labor needs before routing tasks to contractors or internal repair teams. To further streamline operations, the system provides optimized repair routes, ensuring that crews fix as many issues as possible in a single trip.

Beyond logistical benefits, the startup offers cities something they have not had before: usable, real-time insights into road health. Cities typically lack access to this kind of structured data, and when they do receive it, it is often in an unstructured, raw format that is difficult to act upon. Their platform solves this by categorizing potholes on a severity scale and presenting the information through visual tools like heat maps and health audits. Rather than relying on subjective citizen reports, municipalities can now track and measure road conditions with objective data. The platform allows cities to do more than just count potholes filled—it provides measurable proof of improvements in road quality over time.

From Idea to Implementation

The concept for the project took root over a year ago, but turning it into a viable business required guidance, something Wade and Kyle found at Boulder’s Deming Center for Entrepreneurship. Initially, Kyle was seeking advice on his automation consulting company. His search for information quickly turned into a valuable mentorship opportunity, connecting them with experienced advisors who helped guide their next steps.

Currently, the duo is just a month away from launching their first pilot program. The major technical components: hardware, AI, and software, are all nearing completion. Their camera system is fully functional, their AI model has been trained on over 55,000 frames of labeled data and has achieved 95% accuracy, and their dashboard is built. The final step is perfecting location tracking to ensure that every pothole detected is precisely mapped to a geographic coordinate. Once that is complete, they will be ready to go to market.

Competing for the Future: ’s New Venture Challenge and Beyond

As their startup nears its next phase, Wade and Kyle are preparing to compete in ’s New Venture Challenge, a highly competitive entrepreneurial competition. Preparing for the challenge has already connected them with new mentors, including one of Kyle’s current employers, who has provided crucial insights into refining their pitch and business strategy. He has helped them frame their investor deck, fine-tune co-development proposals, and prepare for events like Techstars, where they will be pitching soon in North Carolina.

Kyle and Wade see the New Venture Challenge as an opportunity to sharpen their business model even further. Even if they do not win, the workshops and networking opportunities alone make it worth the effort. With a product that is nearly market-ready, a strong support network, and a clear plan for scaling, Wade and Kyle’s pothole-detecting AI may soon be a game-changer for cities looking to modernize road maintenance.

A Vision for Smarter, Scalable Road Monitoring

With their startup on the verge of launching its first pilot program, Wade and Kyle are already looking ahead. Their long-term vision goes beyond outfitting municipal vehicles with their AI-powered cameras. While their proprietary cameras provide an affordable and effective solution, their goal is to integrate their technology directly into vehicles that already have built-in dash cameras. 

Beyond the business potential, Kyle and Wade also see personal value in growing the startup. They relish the opportunity to work on a project he built from the ground up, applying cutting-edge technology to solve real-world problems. The ability to learn and innovate within a company they co-founded is what excites them the most. More than just a business, it’s a challenge that allows them to grow, experiment, and make a tangible impact.

The Myth of the "Small Business Fairy"

Many people assume that becoming an entrepreneur requires a moment of divine inspiration, what Wade jokingly refers to as the "small business fairy" visiting you in middle school and declaring that you’re destined to be a business owner. But in reality, that’s not how it works. Kyle and Wade believe that entrepreneurship isn’t an inherent trait or a preordained path; it’s something you figure out along the way. They’ve met plenty of people with great ideas who hesitate to take the first step, often because they believe starting a business is an overwhelming, nearly impossible task. In truth, they argue, while building something from the ground up does require effort, research, and a willingness to ask for help, it’s not the impossible feat that social media and popular narratives make it out to be. The biggest hurdle isn’t failure—it’s intimidation. They emphasize that Boulder, in particular, offers a wealth of resources for those willing to try, making it a shame that more people don’t take the leap. Their own journey is proof that diving in, surrounding yourself with the right mentors, and simply being willing to start can turn an idea into a viable, even profitable, reality.

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Thu, 13 Feb 2025 12:30:00 +0000 Emily Iliff 18605 at /business
How Sean Boselli is Helping to Shape Boulder’s Entrepreneurial Community /business/deming/news/2025/02/04/how-sean-boselli-helping-shape-cu-boulders-entrepreneurial-community How Sean Boselli is Helping to Shape Boulder’s Entrepreneurial Community Emily Iliff Thu, 02/06/2025 - 05:30 Categories: deming Tags: deming Emily Iliff

For many students, entrepreneurship is a career path. For , it has become a way of life: one rooted in helping others discover their own entrepreneurial potential. As a student ambassador for the Deming Center for Entrepreneurship, he’s become a trusted mentor and inspiring young professional.

Coming from a smaller, private school background, Sean found the transition to a larger public university an adjustment. He chose Boulder for Leeds School of Business, which offered a variety of opportunities for him to explore his interests, and find a close-knit community feeling within a large university setting. The chance to experience big-school energy: football games, campus life, while still feeling connected to his home in Vail made it the perfect fit.

Sean is double majoring in Entrepreneurship and Business Analytics, with certificates in Entrepreneurship and Global Business. Recognizing the growing role of AI, data, and technology, he wanted a strong foundation in analytics while still focusing on business strategy. Entrepreneurship stood out because of its flexibility. Unlike majors that lock students into one path, it allows exploration across finance, analytics, and strategy, aligning with his long-term goal of owning and operating his own business.

Finding Purpose at the Deming Center

Sean’s introduction to the Deming Center for Entrepreneurship was almost accidental, but it quickly became a defining part of his experience at Boulder. Two months into his freshman year, he walked into the center for the first time, unsure of what to expect. That decision led him to meet Maddie and Betsy, key members of the Deming team, who would later encourage him to become a student ambassador. From that moment, he felt a strong sense of belonging and knew he wanted to be part of the center’s mission.

What stood out to Sean about the Deming Center was how different it felt from other business-related clubs and organizations on campus. Unlike some groups that emphasized strict professionalism and specialization, the Deming Center had a more welcoming and flexible environment- one where students could explore, experiment, and develop their interests in entrepreneurship at any stage. As a student ambassador, he appreciated the creative freedom he and the team is given to increase student engagement and help others find a sense of community within the business school.

Shaping the Future of Entrepreneurship at

Sean quickly realized that many students had never even heard of the Deming Center. This realization fueled his passion for promoting the center’s resources and opportunities. His goal as an ambassador became clear: to help others experience the same sense of discovery and support that he found there. Seeing students experience that "Aha!" moment: whether realizing they could start a business, access resources, or approach entrepreneurship in a new way- became one of the highlights of his work.

Now a senior, Sean has played an active role in shaping student engagement within the Deming Center. Events like the Student Business Fair provided students with a platform to showcase their businesses, make sales, receive feedback, and conduct market research. By creating opportunities for students to engage with real customers and refine their ventures, the event fosters confidence and entrepreneurial growth. He has seen students go from hesitantly sharing half-formed ideas to fully embracing their entrepreneurial vision after just a few conversations.

One of Sean’s greatest strengths as a Deming Center ambassador is his authenticity. He doesn’t approach conversations with an agenda or try to push students in a specific direction, he simply listens, engages, and offers genuine advice. His ability to connect with people in an honest and approachable way makes him a trusted resource for students who may feel overwhelmed or unsure about their next steps in entrepreneurship. Whether a student has a half-formed business idea, is struggling to navigate ’s entrepreneurial resources, or is just curious about what entrepreneurship really means, Sean creates a welcoming, judgment-free space where they can explore possibilities. His kindness and patience ensure that every student he interacts with walks away feeling heard, encouraged, and excited about their potential.

Real-World Application 

Beyond the student community, one of the most impactful opportunities Sean took part in was  a global seminar study abroad program that took him to South Africa. There, he worked directly with local entrepreneurs, helping them develop business strategies and financial systems.

One of his most memorable projects involved a family-run furniture business, where each family member played a role. The business lacked formal accounting practices, so Sean and his team helped design customized accounting statements, introducing basic financial tracking methods to improve cash flow and sustainability. The impact was immediate. When the business owner, Eddie, realized he could save enough money to invest in materials and ease financial strain on the company and family, it was a breakthrough moment. These experiences cemented Sean’s belief in the power of entrepreneurship to create tangible change, not just in business operations but in people’s lives.

Evolving the Entrepreneurial Mindset

These experiences reinforced Sean’s passion for fostering growth within organizations, shaping his vision for an exciting career. In his professional future, Sean envisions himself working closely with entrepreneurs, not just as a consultant who delivers insights from a distance but as someone actively involved in shaping businesses. He thrives in dynamic environments, where each day presents a new challenge. He’s particularly interested in accelerators, where he can work hand-in-hand with founders to tackle pressing business challenges. His ultimate goal is to be part of a multicultural team, bringing together diverse perspectives to find innovative solutions. Ideally, he hopes to work abroad, gaining firsthand experience in global business and economics in developing countries.

For Sean, entrepreneurship isn’t just about starting a business, it’s about problem-solving and adaptability. His time with these experiences and the Deming Center for Entrepreneurship has helped him refine this mindset, teaching him to navigate challenges, embrace uncertainty, and constantly seek out opportunities for growth.

Sean credits Boulder’s entrepreneurial ecosystem with helping him develop both his skills and confidence as a future business leader. The constant exposure to pitch decks, real-world case studies, and team-based problem-solving has forced him to become comfortable with discomfort. He also thanks his parents, the entire Deming Center team, and his mentor, 

Taking Action & Closing Doors

Sean’s biggest piece of advice to students is simple: try everything, and close doors quickly. “If you take a class and hate it, that’s a win, it means you’ve ruled out one possibility and can move on to the next.” If you’re considering a career path, do the research, talk to professionals, and figure out early whether it’s right for you. 

“The sooner you identify what doesn’t excite you, the faster you can find what truly does.”

His advice to anyone looking for success, whether as an entrepreneur or in any career, is to keep showing up, keep asking questions, and keep pushing forward until you find what truly excites you. If you never grow tired of something, it may just be your calling.

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Thu, 06 Feb 2025 12:30:00 +0000 Emily Iliff 18594 at /business
From Boulder to Scaling Startups: Dylan Frusciano’s Entrepreneurial Journey /business/deming/news/2025/01/27/cu-boulder-scaling-startups-dylan-fruscianos-entrepreneurial-journey From Boulder to Scaling Startups: Dylan Frusciano’s Entrepreneurial Journey Emily Iliff Thu, 01/30/2025 - 05:00 Categories: deming Tags: deming Emily Iliff

What does it take to turn early-stage startups into thriving, scalable companies? For, the answer lies in vision, persistence, and decades of expertise. A Boulder alumnus, Dylan has built a career helping businesses transform their sales operations and achieve growth. His story is more than just a professional journey, it’s a story of resilience, adaptability, and a commitment to empowering others.

Dylan Frusciano’s career spans decades in the software industry, with a focus on early-stage startups. He built a reputation as the go-to leader for creating scalable, repeatable, and predictable sales processes. "I’ve often been the first executive sales leader brought into these companies," Dylan explained. His expertise lies in helping startups prepare for growth, ensuring that they can meet the demands of venture capital backing and position themselves for long-term success.

Building Scaled Sales Solutions

After years of working with venture capital-backed startups, he knew how to navigate the high-pressure world of fast growth and ambitious goals. Venture capital firms invest millions into startups with the hope of a significant return when those companies scale and exit- either through IPOs or acquisitions. Dylan played a pivotal role in many of these journeys, building robust sales organizations that helped companies achieve their growth potential.

In 2020, Dylan transitioned from being a full-time sales executive to consulting.  was born, allowing him to provide the same expertise on a fractional basis. For early-stage startups, this model is a game-changer. They gain access to a seasoned sales leader without the costs of hiring a full-time executive. Dylan’s depth of knowledge and ability to tailor scalable strategies have made him a sought-after consultant.

Scaled Sales Solutions specializes in enhancing sales performance for early-stage businesses by offering fractional sales leadership, consulting, and advisory services. Their approach focuses on developing scalable and repeatable sales structures essential for growth and investment. Services include interim sales leadership, providing temporary strategic direction and team management; consulting on sales-related initiatives to foster cross-functional understanding of revenue growth; and access to a broad network of experienced professionals, including sales representatives, managers, revenue operations experts, and customer success leaders. This comprehensive suite of services aims to drive consistency, growth, and sustainable success in clients' sales processes.

Reflecting on his transition to entrepreneurship, Dylan shared that his years of working alongside startup founders prepared him well. "I’ve spent my career working with entrepreneurs and helping them bring their visions to life. Starting my own business felt like a natural progression," he said. His ability to build strong relationships with entrepreneurs, investors, and industry leaders has been critical to his success.

Networking: The Secret Sauce

"Networking has been my secret sauce," Dylan revealed. The relationships he’s built over the years have opened doors and provided opportunities that he couldn’t have imagined.

Starting a consulting business in a competitive field is no small feat, but Dylan credits his success to the vast network he built over decades. Having worked closely with entrepreneurs, serial founders, and venture capitalists, he built strong relationships with industry leaders. These connections have not only brought him clients but also reinforced his credibility as a trusted advisor.

For Dylan, it’s not just about scaling businesses, it’s about empowering people. He says that one of the most fulfilling aspects of his role as a consultant is mentoring rising stars in the industry. Often, he helps clients hire full-time leaders from his network to carry forward the foundations he builds.

“I love investing in people,” Dylan said. “There’s nothing more rewarding than mentoring someone, placing them in a role where they can thrive, and watching them succeed.”

The Spirit of Entrepreneurship

For Dylan, entrepreneurship is more than just starting a business; it’s a mindset. Entrepreneurship is about vision, clarity of purpose, and the persistence to see it through. These qualities have been central to his career, both as an executive and as a business owner.

When asked about the challenges of entrepreneurship, Dylan emphasized the importance of resilience. "You need thick skin.” He states that challenges are inevitable, but what separates successful entrepreneurs from the rest is their ability to face those challenges head-on and keep moving forward.

Dylan shared a story from early in his career that exemplified this mindset. While working at a software startup, his team encountered a major security issue that threatened their relationship with a significant client. "At first, it felt like the end of the world," he admitted. "But instead of shying away, we owned the problem, communicated transparently with the client, and worked tirelessly to resolve it." The experience not only salvaged the client relationship but strengthened it.

"Moments like that show you who you are," Dylan said. Adversity can be a catalyst for growth, both personally and professionally.

Advice for Aspiring Entrepreneurs

Dylan’s advice to students and young entrepreneurs is clear: embrace the challenges and focus on building a strong network. He challenges students to surround themselves with people who can support, challenge, and open doors for them.

When asked to define entrepreneurship, Dylan described it as a combination of vision, passion, and resilience. "Entrepreneurship is a spirit," he said. "It’s about having the courage to turn an idea into reality and the determination to see it through, no matter the challenges."

Dylan’s journey from Boulder to a successful entrepreneur and consultant serves as an inspiring example of what’s possible with hard work, resilience, and a clear sense of purpose. For students aspiring to make their mark, his story is a reminder that success is not just about the destination, it’s about the journey.

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Thu, 30 Jan 2025 12:00:00 +0000 Emily Iliff 18550 at /business
Creative Distillation Episode 74 - Chautauqua Mission House at the Reversing the Arrow Conference /business/deming/news/2025/01/21/creative-distillation-episode-74-chautauqua-mission-house-reversing-arrow-conference Creative Distillation Episode 74 - Chautauqua Mission House at the Reversing the Arrow Conference Emily Iliff Thu, 01/23/2025 - 06:00 Categories: deming Tags: Creative distillation deming Emily Iliff

Looking for an inspiring blend of history, business, and bourbon? The latest episode of Creative Distillation delivers! Recorded live at the scenic during the Reversing the Arrow conference in Boulder, Colorado, this special episode brings together entrepreneurial insights, historical perspectives, and a touch of Colorado craftsmanship.

Hosts Jeff York and Brad Werner from the University of Colorado Boulder sit down with an impressive lineup of guests, including entrepreneur Katie Burnell, and , to dive deep into the evolving role of entrepreneurship in American culture.

Kicking things off with a unique twist, Katie Burnell gifts a bottle of State 38 bourbon, distilled in Golden, Colorado, sparking a lively conversation about the artistry behind craft spirits and how it connects to the entrepreneurial journey. With rich notes and a distinct flavor profile, this bourbon sets the perfect tone for the discussion ahead.

But it’s not just about the drinks. This episode takes a fascinating look at how business ideals have shifted from collective responsibility to individualism, inspired by Ben Waterhouse's book, One Day I'll Work for Myself. The conversation unpacks the cultural and economic forces that have shaped the modern entrepreneurial mindset, touching on the gig economy, DIY business culture, and what it all means for today’s students and aspiring business owners.

Expect engaging discussions on how education is shaping the next generation of entrepreneurs, why historical context matters in business decisions, and the delicate balance between independent hustle and collective responsibility. With thoughtful reflections on the challenges and opportunities of entrepreneurship, this episode is packed with insights and practical takeaways for business students, educators, and entrepreneurs alike.

So, whether you're an aspiring entrepreneur, a business enthusiast, or just curious about the intersection of history and business, grab your favorite drink and tune in. This episode is a must-listen for anyone looking to gain a deeper understanding of how entrepreneurship continues to evolve in today's world. Plus, find out where you can grab a copy of Ben Waterhouse’s book and learn more about our generous sponsors, JDS Joyrides and Liquid Mechanics Brewing.

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Thu, 23 Jan 2025 13:00:00 +0000 Emily Iliff 18544 at /business
Donny McCauley's Journey: From Passionate Skier to Entrepreneur at Boulder /business/deming/news/2025/01/21/donny-mccauleys-journey-passionate-skier-entrepreneur-cu-boulder Donny McCauley's Journey: From Passionate Skier to Entrepreneur at Boulder Emily Iliff Thu, 01/23/2025 - 06:00 Categories: deming Tags: deming Emily Iliff

At the University of Colorado Boulder, where skiing and mountain biking are more than just hobbies but a way of life, business student  has found his niche. An avid skier and mountain biker, Donny's journey to Boulder was anything but conventional. Having spent eight years of his childhood in Japan and moving around frequently, he developed a unique perspective on life and adventure.

Before transferring to Boulder, Donny attended the University of Colorado Colorado Springs (UCCS) for two years. Now in his first fall semester at Boulder, he is thriving in the Leeds School of Business and immersing himself in the vibrant campus culture. But Donny is not just another student enjoying the slopes, he's also an entrepreneur with a passion project that's been years in the making.

The Birth of Shredhead

Donny's entrepreneurial journey started in high school when he and his friends, a group of rowdy mountain bikers, wanted a brand that resonated with their adventurous spirit. They came up with the name Shredhead, and Donny began designing and selling hoodies, beanies, and t-shirts. His Grim Reaper hoodie, embellished with the phrase "Shred Until You're Dead," was a hit, and the beanies out-selling major brands like Burton at the ski shop where he worked.

However, it wasn't until a few years ago that Donny saw an opportunity to take Shredhead beyond clothing. He realized there was no effective way to find people to ski or mountain bike with, leading to his idea for an app that could fill this gap in the market.

Introducing the Shredhead App

The Shredhead app is a simple yet powerful tool designed to connect skiers and snowboarders based on skill level, pass type (Epic or Ikon), and frequented resorts. Users create a profile by entering their name, age, skill level, and the resort they visit most often. The app then matches users within a 25-mile radius, allowing them to swipe right to connect or left to pass. Messaging is only enabled when both users mutually swipe right, fostering meaningful and safe connections.

A key feature of the app is its emphasis on safety. Donny is committed to ensuring that users meet at public locations such as restaurants and ski shops rather than private residences or parking lots. Future updates aim to incorporate venue recommendations for meetups, further enhancing user security.

Leveraging Campus Resources

Donny has found significant support through Boulder’s Leeds School of Business resources, particularly the Deming Center for Entrepreneurship. He has worked closely with faculty members such as Betsy Klein and Erick Mueller, who have provided guidance and encouragement. Donny has also explored opportunities to engage students through flyers and mini-internship programs, offering marketing students a chance to gain experience while promoting the app.

Through the natural obstacles of being a student entrepreneur, Donny remained determined and refined his business model through feedback and persistence. He plans to revisit conversations with mentors and continue leveraging Leeds resources to further develop his venture.

One of Donny's biggest challenges has been balancing his academic responsibilities with his entrepreneurial ambitions. He acknowledges the difficulty of managing his time and maintaining focus but has developed strategies to stay on track. By keeping aspects of his business separate from his personal life, he ensures a healthy balance while pursuing his goals.

Building a Business Model

Donny envisions several revenue-generating opportunities for the app, including partnerships with ski rental shops. For example, users needing rental gear could connect with others renting from the same shop, and in return, the rental shop could offer discounts for pre-booked gear. With Donny's extensive experience working in ski rental shops, he understands the business potential behind streamlined rental processes.

Additionally, the app is expanding to cater to mountain bikers in the summer. Recognizing that the need to find riding partners is even greater in mountain biking, Donny plans to introduce features tailored to different biking styles such as cross-country, enduro, and downhill.

Community Support and Growth

The Boulder community has shown great enthusiasm for the Shredhead app. Donny has been in talks with , a major ski club on campus, to promote the app to its members. He is also gearing up to participate in the New Venture Challenge in April, where he aims to showcase the app and further refine his business model.

Despite the app being in its beta stage, Donny has already seen its potential firsthand. He recounts an experience where he met a skier at Keystone who later connected with him via the app, proving its utility and appeal. As more users join, Donny is focused on fine-tuning the app and managing the costs associated with running its servers.

Looking to the Future

Looking ahead, Donny plans to incorporate additional features such as carpool coordination to help users avoid costly parking fees at resorts. He believes that by fostering a strong community of outdoor enthusiasts, Shredhead can become an indispensable tool for skiers and mountain bikers alike.

Through his dedication and entrepreneurial spirit, Donny is not only making waves in the Boulder business community but also creating a platform that enhances the experiences of fellow outdoor adventurers. With his passion and vision, the future of Shredhead looks bright.

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Thu, 23 Jan 2025 13:00:00 +0000 Emily Iliff 18543 at /business
How Walter Richard is Forging a Sustainable Future at Boulder /business/deming/news/2025/01/14/how-walter-richard-forging-sustainable-future-cu-boulder How Walter Richard is Forging a Sustainable Future at Boulder Emily Iliff Thu, 01/16/2025 - 06:00 Categories: deming Tags: deming Emily Iliff

, a freshman at the University of Colorado Boulder, is no stranger to innovation and entrepreneurship. Originally from Austin, Texas, Walter's journey to Boulder is built on a foundation of impactful ventures and a commitment to sustainable business practices.

Walter's entrepreneurial journey began in high school with the launch of an electric landscaping company, Electric Lawn The idea took root during a hike with a friend, where the noise of traditional landscaping equipment sparked a conversation about creating quieter, more eco-friendly alternatives.

This initial experience served as a crash course in business, from building a brand to managing operations in Austin's intense summer heat. Realizing the need to scale beyond hands-on labor, Walter and his team transitioned into artificial turf installations, with addressing Texas' drought-related water restrictions.

Scaling a Sustainable Vision

The shift to artificial turf installation proved to be a turning point. With ticket prices increasing from project to project, Walter and his team had the resources to expand. They hired salespeople and subcontracted crews, scaling operations to New Braunfels and San Antonio. The results were impressive: over 50,000 square feet of turf installed, saving more than 3 million gallons of water annually.

This experience also provided Walter with invaluable lessons in leadership, organizational strategy, and scaling a business.

Venturing into Software

Eager to explore the high-margin world of software, Walter turned his attention to solving operational bottlenecks within his own business. His innovation was , a tool that revolutionized the quoting process for service businesses. By leveraging smartphone scanning technology, allows salespeople to create instant, detailed 3D models of project sites, significantly shortening the sales cycle.

Walter also developed Subber, an Uber-style marketplace for subcontracted crews. While primarily used within his business, Subber streamlined scheduling and project allocation by connecting crews with available jobs in real time.

A Freshman with Big Plans

Now at Boulder, Walter is eager to build on his entrepreneurial foundation. The Deming Center for Entrepreneurship has already recognized his talents, referring him for his impressive placement at the Sustainability Hackathon. Walter sees his time at as an opportunity to refine his skills, explore new business ideas, and connect with like-minded innovators.

Walter’s story is a testament to the power of sustainable thinking and entrepreneurial creativity. As he embarks on his journey at Boulder, it’s clear that this freshman is just getting started.

Walter Richard’s decision to join Boulder was driven by the university’s strong business program and abundant opportunities for hands-on learning. As a member of the Honors Program, Walter has already begun making an impact by assembling a group dedicated to enhancing the program’s curriculum and hosting engaging events.

Beyond academics, Walter is deeply connected to Boulder’s emphasis on sustainability and outdoor activities. His passion for skiing, mountain biking, and hiking aligns with the university’s proximity to the mountains and its focus on environmental stewardship. Walter has also joined the Sustainable Business Club’s executive board, finding inspiration in the club’s active membership and its potential to drive change.

Boulder’s Sustainability Hackathon

One of Walter’s standout experiences at Boulder was participating in the Boulder Sustainability Hackathon. Initially hesitant about the time commitment, Walter’s passion for sustainability drew him back to the event. His team worked on a groundbreaking thermal energy battery concept designed to address the issue of curtailed energy: renewable energy that goes unused due to mismatched supply and demand. By using heat pumps to store excess energy as heat in insulated water tanks, the system could later convert the stored heat back into electricity during peak demand times.

Collaborating with mechanical engineers gave Walter valuable insights into different problem-solving approaches and underscored the importance of interdisciplinary teamwork—a skill he believes every business major should master.

The project earned Walter and his team a grant from a climate tech incubator, enabling them to further develop their idea. The experience not only solidified his interest in the energy sector but also set his sights on launching an energy-focused venture during his time at Boulder.

The Future of Sustainability and Entrepreneurship

With plans to create a world-changing energy company, Walter is positioning himself as a future leader in sustainable innovation. His journey at Boulder is just beginning, but his drive, creativity, and commitment to making an impact ensure that his entrepreneurial story is far from over.

Looking ahead, Walter envisions a future where sustainability is at the core of every business. He plans to focus on energy solutions, leveraging the growing momentum in renewable energy, AI, and government subsidies. After tackling energy, Walter aims to pivot to water scarcity, exploring solutions like desalination; a field closely tied to energy advancements. His long-term vision includes creating impactful, scalable solutions that address the world’s most pressing environmental issues.

Redefining Entrepreneurship

Walter’s personal definition of entrepreneurship is rooted in problem-solving. Quoting Richard Branson, he believes that entrepreneurs are individuals who identify and address challenges, regardless of scale. For Walter, entrepreneurship is about creating value and solving significant problems. His ultimate goal? To make a meaningful impact on the world while inspiring others to do the same.

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Thu, 16 Jan 2025 13:00:00 +0000 Emily Iliff 18534 at /business
Garmai Matthew: Redefining Fashion, Technology, and Entrepreneurship /business/deming/news/2024/12/19/garmai-matthews-redefining-fashion-technology-and-entrepreneurship Garmai Matthew: Redefining Fashion, Technology, and Entrepreneurship Emily Iliff Thu, 12/19/2024 - 06:00 Categories: deming Tags: deming Emily Iliff

What happens when a passion for fashion, a drive for sustainability, and an entrepreneurial spirit collide? For , the answer is an inspiring journey that spans continents, industries, and cultures. From her roots in Cleveland, Ohio, to the streets of New York and classrooms of Boulder, Garmai has built a career that bridges creativity, technology, and purpose.

Garmai began her academic career at Kent State, one of the nation's top fashion schools. As someone with roots in West Africa, pursuing a career in the arts was a balancing act between passion and practicality. "Going into the arts wasn't frowned upon," Garmai

Garmai Matthew

 explained, "but my family wanted to ensure I earned a degree that would position me for success in the real world." Her pursuit of both creativity and opportunity ultimately led her to transfer to the University of Colorado Boulder, where she graduated in 2020 with a degree in Distributed Studies.

While at Boulder, Garmai's fascination with global fashion and sustainability took center stage. She immersed herself in learning Mandarin, driven by her curiosity about China's role in fashion production. "Everything I owned was made there," Garmai said. "I wanted to understand the language and explore how designers in China approached sustainability." This curiosity led to a transformative study abroad experience at Hubei Normal University, where she collaborated with local students to understand sustainable practices in fashion, particularly the concept of zero waste, a design method that maximizes fabric usage.

Inspired by this experience, Garmai connected her newfound knowledge to her West African roots. She launched her first business, a ready-to-wear clothing brand based in West Africa, applying zero-waste techniques to minimize environmental impact. With funding from  Boulder’s New Venture Challenge, Garmai traveled to West Africa, partnered with local tailors, and produced 50 garments. The project was a success: she sold out of her designs online, proving that sustainability and cultural connection could be a powerful combination in fashion.

However, Garmai knew that building a business required more than creative talent. "I was graduating, and I needed a job," she admitted. Determined to gain experience, she pivoted into the tech industry: starting at Yelp after "crashing" a career fair geared toward tech majors at . Her determination paid off: she secured a role as a sales executive and quickly climbed the ranks to sales manager, developing the grit and skills needed to succeed in business.

From there, Garmai relocated to New York, where her tech career continued to evolve. She joined Wix.com as an account manager, helping clients build e-commerce platforms and expand their reach. It was during her time in the tech industry that she began to see the potential to merge her love of fashion with technology, particularly in the growing market for clothing rental platforms.

Entrepreneurial Spirit and The Swap

Garmai’s entrepreneurial drive continued to thrive, and she founded , a sustainable and affordable clothing rental platform hyper-focused on streetwear. “The Swap came easy to me because I wanted to be the consumer of it,” Garmai shared. Frustrated by the high costs of streetwear in New York showrooms, she recognized a unique opportunity to address a problem faced by her generation: staying fashionable on a budget.

"My demographic, like my two younger sisters who are college students, struggle to keep their wardrobe fresh without breaking the bank."

The Swap solves multiple challenges. For consumers, it provides access to curated streetwear, including pieces from brands like Off-White and Fear of God, at just $50 a month for unlimited swaps. For emerging streetwear brands, The Swap offers a solution to inventory challenges. Garmai explained, “If brands have items that didn’t sell during big sales like Black Friday, they can place those pieces into our rental ecosystem. Someone in Boulder or LA who’s never heard of the brand can try it out and potentially purchase it.”

Garmai’s idea goes beyond clothing rentals. She envisions regional swap boxes that showcase streetwear from cities like Denver, Cleveland, and Los Angeles, fostering local pride and expanding access to under-the-radar designers.

“Someone from Boulder may not know what’s hot in Cleveland, so why not introduce them to it?”

Garmai said, highlighting her vision for community-driven streetwear ecosystems.

Boulder’s New Venture Challenge: Building Confidence

Much of Garmai’s entrepreneurial confidence was gained through Boulder’s New Venture Challenge (NVC), a campus-wide competition that provides funding and mentorship for innovative student ventures. Reflecting on her first pitch, Garmai recalled a pivotal moment: "I was lying in bed, thinking about skipping the competition. But I got up, threw on an outfit from my brand, and went for it. I had passion, I had a mission, and I connected to my roots. That conviction really resonated with the judges."

The experience taught Garmai invaluable lessons about communicating her business clearly and confidently. "You need to learn how to pitch your idea a thousand different ways to a thousand different people," she emphasized. From securing her first grant to refining her vision, Garmai’s participation in Boulder’s entrepreneurial programs played a significant role in her growth as a leader and innovator.

Advice to Aspiring Entrepreneurs

Garmai’s journey has been one of resilience, confidence, and learning to fail forward. “Take steps, even small ones. Write down your goals, chip away at them, and always bet on yourself,” she advised. “No one will believe in your idea more than you do. If you’re confident, others will believe in you, too.”

“Be who you are. Your background, your story, that’s your secret sauce. No one can be you better than you.”

With The Swap gaining traction and Garmai on track to complete her MBA at Boulder’s Leeds School of Business, her story is an inspiring testament to the power of passion, purpose, and perseverance. 

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Thu, 19 Dec 2024 13:00:00 +0000 Emily Iliff 18437 at /business
Creative Distillation Episode 73 - Dry Land Distillers with Ashley Taylor Tillman and Alicia Sepulveda /business/deming/news/2024/12/17/creative-distillation-episode-73-dry-land-distillers-nels-wroe-ashley-taylor-tillman-and Creative Distillation Episode 73 - Dry Land Distillers with Ashley Taylor Tillman and Alicia Sepulveda Emily Iliff Thu, 12/19/2024 - 06:00 Categories: deming Tags: Creative distillation deming Emily Iliff

Looking for the perfect mix of holiday cheer, craft spirits, and entrepreneurial inspiration? The latest Creative Distillation episode has it all! Recorded on location at a Colorado gem known for its legendary eggnog and annual Nog Off competition, this festive special dives into what makes the holidays (and innovation) truly remarkable.

Hosts Jeff York and Brad Werner from the University of Colorado Boulder are joined by Nels Wroe, founder of Dry Land Distillers, who shares the story of how a friendly competition

 among friends turned into a full-blown community event. Last year alone, they sold an astonishing 30 gallons of eggnog in just two and a half hours! With notes of nutmeg, cinnamon, and aged rum, this eggnog is as refined as it is festive, setting the perfect stage for the episode.

But this isn’t just about holiday drinks. The episode brings together some of Boulder’s brightest minds, including , Director of ’s Innovation & Entrepreneurship Initiative, and, Assistant Director of Research at Boulder’s Rad Lab. Together, they explore how is fostering a culture of innovation, interdisciplinary collaboration, and entrepreneurship across its campuses, aiming to empower students and faculty to solve real-world problems.

The hosts and guests dig into the importance of sustainable agriculture and the big vision behind regenerative distilling: creating a fully integrated, certified organic supply chain.

As the eggnog tasting continues, so do the heartwarming and humorous holiday stories. From ski shops in Illinois to Santa pub crawls, the team shares personal anecdotes that make the episode feel like a gathering of old friends. Add in a bit of AI-generated Christmas music and Jeff’s musings about technology solving world problems, and you’ve got a holiday special that’s both insightful and entertaining.

So, whether you’re sipping your own eggnog or gearing up for the holiday season, don’t miss this episode of Creative Distillation. Tune in to hear how Dry Land Distillers, Boulder’s innovation leaders, and a little holiday magic are shaping the future, one glass (and idea) at a time.

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Thu, 19 Dec 2024 13:00:00 +0000 Emily Iliff 18436 at /business