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Entrepreneurship experts share knowledge with business students

Wednesday, April 11, 2012

LAWRENCE — For students interested in starting their own business, the entrepreneurship club is waiting.

The E-club, as it is called, is a way for students to develop an entrepreneurial mindset. One of the biggest advantages of the club is the lectures. The E-club invites entrepreneurial professionals to the university to speak to students about their experiences, both good and bad.

The club is open to any KU student who would like to learn about starting a business. A concentration in entrepreneurship is offered for business students and a certificate program is offered for students outside of the business school. Rather than signing up for a class right away, senior finance major and club vice president Kyle Turbitt suggests attending one of the clubs lectures first. It only takes an hour of your time, Turbitt said.

Michie Slaughter, a venture capitalist and private equity expert, was the most recent guest speaker on April 10. Slaughter spoke about how to pitch ideas to venture capitalists like herself and how that process works.

"Our guests are not necessarily household names," said Charlotte Tritch, associate director of entrepreneurship programs and faculty advisor to the club. "They are people that are really in the trenches, whether they are entrepreneurs or work with entrepreneurs."

Tritch said that even if you aren't going to build a computer in your garage like Steve Jobs, the club and program may still be for you.

"What we try to support is the entrepreneurial mindset, the idea of innovation, new ideas and new ways of thinking," Tritch said. "Learning how to figure out whether something is just an idea or an opportunity. Those are skills that are valuable for life no matter what your career interests are."

For students who may not know how to turn an idea into a business, joining the entrepreneurship club can give them the opportunity to meet other students and professionals who have those skills.

"Not many people get the opportunity to meet someone who has been the CEO of three or four companies," Turbitt said. "These people build financial wealth for themselves and others and really make an impact in peoples lives." For more information about entrepreneurship at KU, visit here.

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