Tag-Archive for ◊ ENTREPRENEUR ◊

Author: Randy Hill
• Thursday, February 26th, 2009

There is something special going on at the College of Business Administration at Abilene Christian University. And I want to be a part of it.

If there is one word that defines the difference at the business department at ACU it is: entrepreneurship.  ACU now has a full-time entrepreneur-in-residence, Jim Porter.  Jim brings years of business experience, including successfully started two companies and being involved in the merger of 25 others.  As I’ve written before on this blog, innovation is creating or doing something new before there is a market for it.  ACU’s business school has certainly provided a fine example of innovation with its entrepreneur-in-residence concept.

There are even talks around town that Dr. Rick Lytle, the Dean of the College of Business Administration, is exploring the idea of an Entrepreneurial Incubator.  This is a great time for this project since I believe economic downturns are always fertile ground for new innovation and entrepreneurship.

And there are talks that COBA is exploring the possibilities of a Center for Global Ethics and Leadership. That’s a perfect fit since at ACU students are not only taught how to make a profit, but how to make a difference. In fact, students are taught that the two go hand in hand. I was reminded of how special this approach to business education is earlier this year when I was asked to speak at the ACU Leadership Summit:

Randy Hill YouTube Channel:  Hill Speaks on the topic of “Leadership” at ACU Leadership Summit

This is why I’m so proud of my alma mater.  Lots of schools talk about making a difference; my alma mater actually does.

-Randy Hill

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Author: Randy Hill
• Wednesday, February 25th, 2009

The biggest shortcoming of the recently passed stimulus package is that it does little for the most important people in the economy: entrepreneurs.  So says a great article in this week’s Wall Street Journal:

http://online.wsj.com/article/SB123544318435655825.html

As readers of this blog know, I have long believed that entrepreneurs are the key to turning the economy around.  But does anyone around the president know that?

Here is what the Journal article said:

“At its best, the stimulus legislation is an immensely expensive attempt to restore what the U.S. economy has lost in the last few months. But the world is already moving on. The only way the American economy is going to regain its lost health and vitality is to lead the world into the future. Entrepreneurs are the only people who can get us there.”

Amen.  And that’s why so many colleges are beginning to move their business departments more in the direction of entrepreneurship.  My alma mater has an entreneuer-in-residence right now.  He brings his real world know-how into academia.  And the winners are the students who learn how their classroom knowledge can work in the corporate boardroom.

The bottom line is that economic downturns create opportunities for entrepreneurs.  So why not help the entrepreneurs create new ideas? I’ll have more to say on this in a few days when I unveil my first e-book devoted to this very topic.

-Randy Hill