Wednesday, January 30, 2013

Entrepreneurship: A Collaboration Station

I've been reflecting a lot lately on the importance of collaboration. This past weekend I got to spit-ball business ideas, from salon supply stores to oilfield trucking to photography equipment consulting, with old friends and new acquaintances. 
As the recent Opportunity Quest competition came to an end, I realized just how much many of the competitors (myself included) benefited from sitting down together to discuss our various new ventures, despite the fact that we were in direct competition with each other.

There is just so much to be gained from openly discussing your ideas with others. Even if they're not part of your team and may have little to no experience in your chosen industry, different perspectives can be invaluable. A single tidbit of information, that may otherwise be trivial and useless, may make all the difference as you work towards launching and growing a new venture. Our management professors teaching courses for the new entrepreneurship minor would agree when I say that an entrepreneur is an information center, voraciously gathering new information from all sources and relaying it to any and all that may benefit from it. 

So, if you've been kicking around an idea for a while, it's high time you start collaborating. And if you're worried that you don't have a community of creative, ambitious, entrepreneurial individuals with whom to collaborate, come visit the USU E-Club. It's what we do.

— Reed J. Page
Executive Vice President
USU Entrepreneurship Club