deming

Creative Distillation - Episode 79: Elvira Solji from the University of New South Wales

Emily Iliff — Thu, 03 Apr 2025 11:30:00 +0000

Creative Distillation - Episode 79: Elvira Solji from the University of New South Wales Emily Iliff Thu, 04/03/2025 - 05:30 Emily Iliff

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Made in Colorado: The Story Behind a Family Business Changing How We Move

Emily Iliff — Thu, 03 Apr 2025 11:30:00 +0000

Made in Colorado: The Story Behind a Family Business Changing How We Move Emily Iliff Thu, 04/03/2025 - 05:30

Emily Iliff

Judy Kochevar, co-founder of The Hand Truck Company, LLC, shares her journey from a corporate marketing career to becoming an entrepreneur. After a journey in corporate America, she moved back to Pueblo and teamed up with her husband’s cousin, who had invented a multi-directional hand truck to solve the common issue of maneuvering plywood in tight spaces. Together, they launched a family-run business focused on innovation, safety, and ergonomic design—proudly crafted in Colorado. The company currently holds two patents and one provisional patent.

A New Chapter Begins in Pueblo

Judy never set out to revolutionize how people move heavy objects, but when a cousin walked into her Pueblo, Colorado, home with a prototype hand truck that could pivot in ways she’d never seen, she knew she was looking at something special.

"We never set out to reinvent the wheel—literally—but once Richard showed me the prototype, we knew we had something different."

A third-generation Coloradan with a background in marketing and business, Judy had worked with major companies like Campbell Soup, Conoco, and Intel. After earning her MBA from Arizona State University, Judy’s career had taken her across the country—from Houston to Atlanta to Phoenix—before eventually bringing her back home to recover from health issues. It was during this period of rest and reflection that the seed of a new business was planted.

A Family-Driven Solution to an Everyday Problem

While back in Pueblo, Judy reconnected with family, including her cousin’s husband, Richard Cortese. Richard, an industrial designer, had recently created a unique hand truck while trying to solve a practical problem: moving plywood through narrow doorways. When existing tools didn’t meet his needs, he began sketching and prototyping a multi-directional hand truck that could rotate 360 degrees and lock at various angles.

Once the design was finalized and a patent secured, Richard approached Judy with the idea of teaming up. With his engineering background and her expertise in marketing and business, they formed a partnership to bring the innovative product to market. What began as a personal solution quickly evolved into a broader business opportunity—one focused on solving real-world problems through ergonomic and efficient design, all while keeping the business rooted in Colorado.

Challenging the Status Quo in a Century-Old Industry

Building something new in an industry dominated by a few major players hasn’t been easy. The hand truck industry is long-established, with only a small number of U.S.-based companies maintaining dominance over the market. Breaking through that barrier—and getting noticed—has proven to be one of the company’s biggest challenges.

Because The Hand Truck Company’s product sits in the specialty segment, it hasn’t always been easy to convince buyers to consider an alternative to the well-known brands. Many purchasers stick with what’s familiar. However, the story changes once users—particularly warehouse workers and movers—try the product themselves. The improvements are immediately felt, whether by tall individuals experiencing less back strain or shorter users who no longer feel the physical toll in their shoulders and hips. Even small innovations, like a built-in strap to secure cargo, have gone a long way in improving safety and usability.

Since the first Hand Truck 360 was invented, other products have followed—such as the Wheeler 360 for the beer industry, Attachit Straps that turn a regular hand truck into a furniture dolly, and the new E-track Attachit Strap for the transportation industry. All of these products were invented because the team listened to the needs of their customers.

"You don’t ever want to be a one-product company."

Investing in Growth Through RCWS

Amid the daily demands of running a business, Judy has remained committed to learning and growth. She attended the Rural Colorado Workshop Series (RCWS) in Pueblo, a program led by Erick Mueller and Visda Carson that equips local entrepreneurs with the tools they need to succeed. For Judy, already engaged with the Southern Colorado Small Business Development Center (SBDC), RCWS offered a different kind of value.

RCWS delivers practical, hands-on business training tailored for small business owners. Focused on real-world topics like scaling, pricing, and brand positioning, RCWS makes complex concepts accessible and actionable.

What sets RCWS apart is its engaging, high-energy format and its commitment to serving entrepreneurs outside major startup hubs. By bringing expert-led education directly to local communities, it empowers business owners across Colorado to make smarter, more strategic decisions for long-term growth.

Advice for Future Founders

As the company’s products were made to protect those front-line workers who are moving products every day, Judy sees her entrepreneurial journey as both demanding and deeply rewarding. For students or aspiring founders who might feel like they’re too early or too late to begin, she’s living proof that there’s no one right time to start—just be able to solve a problem.

"There’s never really a 'too late' when it comes to starting a business, as long as you’re solving a real problem. I’m learning every day. Entrepreneurship challenges you in ways the corporate world doesn’t. You’re steering the ship, and that means surrounding yourself with the right team and being willing to grow constantly."

Judy encourages students to intern with small businesses or startups to gain exposure to the fast-paced, all-hands-on-deck nature of entrepreneurship. She also emphasizes the importance of surrounding yourself with the right people, whether that’s a marketing expert, a finance advisor, or a trusted manufacturer. With a strong team and a clear mission, even the most difficult challenges become more manageable.

Built in Colorado, Built to Last

At its core, The Hand Truck Company is a product-driven business solving everyday problems—built entirely in Colorado by a team that believes in doing things the right way. It’s not just about innovation; it’s about values. The company has never considered outsourcing production and remains proudly committed to keeping operations, manufacturing, and jobs within the state. That commitment to local craftsmanship is part of what sets the brand apart in an industry that hasn’t changed much in centuries.

From reimagining a centuries-old tool to navigating the modern challenges of distribution and scaling, Judy Kochevar’s story highlights what’s possible when perseverance meets purpose. For any student on the fence about entrepreneurship, it’s a powerful reminder that the right time to start isn’t defined by age or experience—but rather by your willingness to learn, lead, and stay the course.

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Creative Distillation - Episode 78: Rob Hahn, founder of Avanti, and Chuck Eesley from Stanford

Emily Iliff — Thu, 20 Mar 2025 11:30:00 +0000

Creative Distillation - Episode 78: Rob Hahn, founder of Avanti, and Chuck Eesley from Stanford Emily Iliff Thu, 03/20/2025 - 05:30

Emily Iliff

Pull up a seat and pour yourself a Mezcal Negroni, because this episode of Creative Distillation is an instant classic. Hosts Jeff York and Brad Werner take us to the sunny rooftop of Avanti Food & Beverage in downtown ��Vlog�ƽ��, where they sit down with Avanti’s founder, Rob Hahn, to uncover the entrepreneurial journey behind one of Colorado’s most innovative culinary incubators. From its roots in Spanish food halls to becoming a launchpad for up-and-coming chefs, Avanti is redefining the restaurant business, one small kitchen at a time.

But that’s just the first course. The conversation takes an unexpected and fascinating turn with the return of Stanford professor Chuck Eesley, whose latest research, recently published in Nature, reveals how digital ad algorithms are fueling the spread of misinformation. The findings are staggering: nearly one-third of ad dollars intended for news sites end up funding misinformation. Chuck proposes a bold solution to bring transparency to this murky world, and let’s just say, Brad is so impressed he grants Chuck the highest honor: deeming him a professor worthy of tenure.

With a perfect blend of cutting-edge research, entrepreneurial insights, and a healthy dose of Negroni-fueled humor, this is an episode you don’t want to miss. Cheers!

Listen to Episode 78 Here.

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Buff Gold Ventures: Investing in CU’s Next Generation of Startups

Emily Iliff — Thu, 20 Mar 2025 11:30:00 +0000

Buff Gold Ventures: Investing in CU’s Next Generation of Startups Emily Iliff Thu, 03/20/2025 - 05:30 Emily Iliff

In the evolving landscape of venture capital, Buff Gold Ventures has positioned itself as a pivotal player in supporting innovative startups emerging from the University of Colorado ecosystem. Co-founded by Mark Lupa and Sally Hatcher, the firm takes a hands-on approach in guiding entrepreneurs through the complex process of launching and scaling their businesses.

Buff Gold Ventures is a venture capital firm dedicated to investing in early-stage, deep-tech startups, with a strong focus on companies originating from CU ��Vlog�ƽ��. The firm’s portfolio spans diverse sectors, including biotechnology, climate tech, and next-generation semiconductor technologies. Mark and Sally bring extensive experience in venture capital and entrepreneurship, leveraging their networks to support promising companies.

Sourcing and Evaluating CU-Born Startups

Startups find their way to Buff Gold Ventures through multiple channels. One primary source is CU ��Vlog�ƽ��’s Venture Partners program, which helps commercialize university research into viable businesses. Buff Gold Ventures actively scouts promising startups from CU’s various schools, including Leeds School of Business. Over the past three years, the firm has evaluated more than 200 startups, many of which were founded by CU graduates who transitioned into entrepreneurship after gaining industry experience.

When evaluating a potential investment, Buff Gold Ventures prioritizes several key factors. The most critical element is the team: their expertise, cohesion, and ability to navigate the inevitable challenges of a startup. Next is market potential and product-market fit, ensuring that the business addresses a real need with a viable solution. Additionally, de-risking is an essential consideration- whether the startup has made progress in reducing uncertainties related to technology, market acceptance, and operational execution. Finally, a well-structured business plan is crucial, as it demonstrates the founders’ strategic thinking and preparedness for scaling their venture.

Beyond Capital: Strategic Support and Mentorship from Buff Gold Ventures

Entrepreneurs must understand that venture capital is not the right path for every business. Mark and Sally emphasize that VC funding comes with significant expectations, including aggressive growth targets and investor oversight. Before seeking venture capital, founders should explore other funding avenues such as grants, angel investments, or accelerator programs. Importantly, founders should be well-versed in dilution: understanding that raising capital means giving up equity, and that success is about growing the overall pie rather than fixating on ownership percentage.

While funding is crucial, Buff Gold Ventures offers much more than just capital. The firm provides extensive mentorship and networking opportunities, helping founders connect with legal experts, real estate advisors, financial consultants, and potential customers. Additionally, Buff Gold Ventures often takes a seat on the board of their portfolio companies, offering strategic guidance to navigate the complex startup landscape. This hands-on approach ensures that founders receive not just financial backing but also operational and strategic support.

Avoiding Pitfalls and Cultivating Resilience

According to Mark and Sally, one of the biggest mistakes founders make is overconfidence. While conviction is essential, investors are drawn to entrepreneurs who remain open to learning and evolving. Another common pitfall is fear of dilution: some founders hesitate to give up equity, prioritizing control over the long-term growth potential of their company. Additionally, poorly targeted outreach is a frequent misstep; many startups blindly email investors without researching whether their firm aligns with their industry or investment stage. Founders should focus on building relationships rather than sending mass outreach messages.

Reflecting on their portfolio, Mark and Sally highlight key traits shared by the most successful startups. The best teams consist of members with diverse yet complementary skills who collaborate effectively. Resilience is another defining characteristic- successful founders navigate obstacles with adaptability and determination. Strong communication skills, both within the team and with external stakeholders, significantly impact a startup’s trajectory. Lastly, integrity is a fundamental trait: transparent and ethical founders build trust with investors, partners, and customers, which is crucial for long-term success.

Buff Gold Ventures and the Future of Venture Capital in Colorado

Venture capital has changed dramatically over the last 50 years, and Colorado has seen a substantial increase in funding opportunities. Buff Gold Ventures has observed a rise in national VC firms establishing a presence in the state, particularly post-COVID. This influx of capital has created more opportunities for deep-tech and hardware startups, areas that historically faced funding challenges. With growing support from institutions like CU ��Vlog�ƽ��, local accelerators, and private investors, Colorado is becoming a thriving hub for innovation.

Buff Gold Ventures is entering a new phase as it prepares to make the final investments from its first fund. Moving forward, the firm plans to raise a second fund, allowing them to continue investing in CU-affiliated startups and expanding their impact. With a strong commitment to fostering innovation, Buff Gold Ventures aims to support the next generation of disruptive companies while delivering solid returns to its investors.

Buff Gold Ventures exemplifies the critical role that venture capital can play in nurturing startups and driving economic growth. By combining capital with mentorship, strategic guidance, and an extensive network, the firm empowers entrepreneurs to turn their ideas into impactful businesses. As they continue to invest in CU-born innovations, Buff Gold Ventures is shaping the future of entrepreneurship in Colorado and beyond.

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Community Impact: The Entrepreneurial Journey of Peter Wanberg

Emily Iliff — Thu, 13 Mar 2025 11:30:00 +0000

Community Impact: The Entrepreneurial Journey of Peter Wanberg Emily Iliff Thu, 03/13/2025 - 05:30

Emily Iliff

From his early days at CU ��Vlog�ƽ�� to launching multiple ventures, Peter Wanberg has consistently sought out opportunities to learn, create, and make an impact. His experiences, both in the classroom and in real-world settings like the Entrepreneurship and Empowerment in South Africa (EESA) program, has shaped his approach to business, emphasizing hands-on learning and resilience. Over the years, Peter has transformed ideas into thriving ventures, proving that entrepreneurship is as much about innovation as it is about perseverance and purpose.

At CU ��Vlog�ƽ��, Peter pursued a dual degree in marketing and management at the Leeds School of Business, where he was introduced to the world of entrepreneurship. His interest in this field led him to explore additional educational opportunities, including the Entrepreneurship Certificate Program. Although Peter was also drawn to the arts and took classes throughout his time at CU, it was the hands-on learning experiences in entrepreneurship that truly resonated with him. One of the most impactful aspects of his education came through the Entrepreneurship and Empowerment in South Africa (EESA) program, which provided him with invaluable real-world experiences. This program took Peter to South Africa, where he was part of a small, culturally diverse team working on solving business problems in a completely different context.

Lessons in Problem-Solving and Adaptation

One of the most significant takeaways from Peter’s time in South Africa was the importance of problem-solving in unfamiliar and resource-challenged environments. The EESA program is structured around the idea of learning by doing: students were tasked with identifying and solving real-world business problems, often in under-resourced or developing markets. Peter's team was tasked with solving complex challenges that required not only entrepreneurial creativity but also cultural sensitivity and teamwork. The program was an eye-opening experience, teaching him that entrepreneurship is not just about finding solutions, but about adapting and thinking on your feet in situations where resources may be scarce.

The small-team aspect of the EESA program was especially important. Peter credits the program for helping him develop key management and teamwork skills that have stayed with him throughout his entrepreneurial career. Working in an international team, where each person brought a different perspective and way of approaching problems, forced Peter to learn how to navigate diverse communication styles and problem-solving approaches. This experience would later prove invaluable as he started his own businesses, where collaborating with people from different backgrounds and with different skill sets would become a regular part of his work. Learning to manage diverse teams and understand varying viewpoints was an essential skill that Peter continues to apply today. The EESA program also reinforced the idea that entrepreneurship is often about identifying a problem and approaching it from every angle, breaking it down into manageable parts and solving it step by step.

Brewing Community and Expanding Opportunity

After graduating in 2014, Peter carried these lessons with him as he ventured into the world of business. He founded a coffee company, Jubilee, entering an industry that was competitive and often under-resourced for small startups. Peter found that entrepreneurship was less about the grand vision and more about the day-to-day challenges that require constant adaptation and perseverance. His time at CU ��Vlog�ƽ�� and the EESA program gave him the confidence to tackle these challenges head-on. He was no longer intimidated by obstacles, knowing that every setback was just another problem to solve.

The idea for Jubilee was born out of Peter's desire to combine his passion for community engagement with his entrepreneurial drive. He wanted to create a unique space in North Aurora, a neighborhood where such community-focused spaces were limited. His vision was clear: to build a coffee shop that could serve as a hub for connection and networking, a place where people could work, meet, or simply find a safe and welcoming environment.

However, as with most entrepreneurial endeavors, challenges arose. Peter recognized that merely relying on foot traffic in a non-traditional location would not be enough to sustain the business. To address this, he expanded his concept beyond just a café, starting a coffee roasting company as well. This move allowed him to distribute his product outside the confines of his physical location, opening the door to broader growth. Jubilee wasn't just a coffee shop; it became a community-driven space that included an artist co-working area, where local creatives could collaborate and grow. This multifaceted approach to the business model helped him build something that was not only sustainable but also impactful in the community.

From Coffee to Farmers Markets

In addition to his coffee business, Peter and his wife, Margo, launched the City Park Farmers Market in Denver five years ago, which has since become a thriving and essential part of the community. The market, which emphasizes local food producers and growers, fills a significant gap in the Denver market, where farmer-focused markets were previously scarce. The couple’s dedication to creating a space where local food producers could flourish has allowed the City Park Farmers Market to grow year after year. Peter’s deepened passion for supporting local farmers and advocating for better food access in communities has driven this initiative forward. Now, with their move to Lafayette, Peter and Margo are in the process of launching a new farmers market in the area, further cementing their commitment to fostering community connections and promoting local businesses.

Peter describes himself as more of a small business owner in the beginning, focused on operating a local coffee shop. However, as his career progressed and he ventured into multiple business projects, he began to identify more as an entrepreneur. To him, entrepreneurship is about continuously ideating, problem-solving, and taking risks across various ventures. It’s not just about launching one business, but about bringing multiple ideas to life, each contributing to a broader vision of growth, community impact, and resilience. Peter’s story reflects the many faces of entrepreneurship, from small business ownership to innovation and problem-solving in different sectors, all driven by a passion for community and service.

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Lilah Greenberg: A Freshman’s Journey into Entrepreneurship at the Deming Center

Emily Iliff — Fri, 07 Mar 2025 12:30:00 +0000

Lilah Greenberg: A Freshman’s Journey into Entrepreneurship at the Deming Center Emily Iliff Fri, 03/07/2025 - 05:30

Emily Iliff

From competitive skateboarding to fostering an entrepreneurial community at CU ��Vlog�ƽ��, Lilah Greenberg’s path has been characterized by new challenges: whether through sports, design, or entrepreneurship. Now a freshman at CU ��Vlog�ƽ��, Lilah has embraced her role as an ambassador for the Deming Center for Entrepreneurship, where she helps foster innovation and connect students with valuable resources.

When choosing a college, CU ��Vlog�ƽ�� stood out as the right fit, largely due to its outdoor culture. Drawn to snowboarding, skateboarding, and the mountain lifestyle, she felt an immediate connection to the campus. However, before beginning her undergraduate studies, she took a planned gap year and lived in Tel Aviv, where she was exposed to a thriving startup ecosystem. This experience gave her firsthand insight into entrepreneurship: how businesses can emerge from minimal resources and how innovation can be fostered through collaboration. She applied and was accepted into the Leeds School of Business, emphasizing management and entrepreneurship. Now, fully immersed in the program, she embraces the challenge and the opportunities it provides.

Finding Community

Lilah’s introduction to the Deming Center for Entrepreneurship came through a friend who invited her to a prototyping workshop at the Idea Forge. Seeing a dedicated space for innovation and creation sparked her interest, and she quickly realized the value of surrounding herself with like-minded individuals.

Despite learning about the Deming Ambassador Program just a day before the application deadline, she decided to apply, recognizing it as an opportunity to further immerse herself in the entrepreneurial world. She viewed the program as a way to refine her skills, expand her network, and gain practical experience that would support her business ambitions.

Lilah’s Role at the Deming Center

As a Deming Center for Entrepreneurship ambassador, Lilah plays a crucial role in increasing student engagement with the center’s resources and events. Her position is not just about promoting an open workspace or the perks like free food and occasional visits from dogs; it’s about cultivating a dynamic environment where students are surrounded by entrepreneurs working on ventures that could one day transform industries.

One of her primary responsibilities is ensuring that students are aware of the opportunities available to them. This includes signature events such as Startups & Sandwiches, speaker series, and social gatherings like the Valentine’s Day event she helped organize. Lilah and her fellow ambassadors aim to bridge the gap between casual involvement and serious entrepreneurial endeavors, showing students that they have the potential to develop ideas that could change their lives.

For Lilah, the most rewarding part of her role is the people she works with. She finds the Deming Center’s mission deeply inspiring, as it fosters an environment that encourages growth and forward momentum

Upcoming Initiatives: 60 Second Solutions and Shark Tank

Lilah is currently involved in planning two major upcoming events at the Deming Center: 60 Second Solutions and Shark Tank.

60 Second Solutions is designed to engage students across all disciplines, not just business majors. The goal is to encourage creative problem-solving by presenting participants with open-ended challenges that require quick thinking. Taking place in the atrium, the event will feature food, prizes, and an interactive format where students have only a brief moment- while waiting in line-to generate a response to a problem prompt. There are no right or wrong answers; the event is meant to foster innovation and expand students’ confidence in their own problem-solving abilities.

The Shark Tank event, a recurring favorite among students, is focused on those who may have business ideas and are looking for constructive feedback. Participants will pitch their ideas to a panel of "sharks," which will include Deming ambassadors, deming team, and experienced entrepreneurs. Unlike the high-stakes pitches seen on television, this event is meant to be low-pressure and encouraging, giving students a space to refine their concepts and receive guidance from professionals in the field.

Lilah is excited about both initiatives, recognizing their potential to engage a broad range of students: from those just beginning to think about entrepreneurship to those actively working on their own startups. Looking ahead, Lilah hopes to continue expanding the Deming Center’s presence and impact on campus. While maintaining the fun, social aspects of the program is important, she also envisions creating more structured opportunities for students to connect with industry professionals, build teams, and gain mentorship. She wants the center to be a place where students know they can walk in with an idea and find immediate support to help bring it to life.

Small Steps Leading to Big Impact

For students interested in entrepreneurship but unsure where to start, Lilah emphasizes the importance of breaking down big goals into smaller, manageable steps. Rather than focusing on the daunting end result, she encourages students to identify the first actionable step and build momentum from there. Progress, even if not perfectly linear, is essential in moving forward.

Her role at the Deming Center has provided her with invaluable skills that will benefit her in future entrepreneurial ventures. Learning to collaborate effectively within a team, take responsibility, and strategically divide tasks has been instrumental in making projects successful. These experiences have strengthened her ability to navigate complex challenges and execute ideas efficiently.

When asked to define entrepreneurship in her own words, Lilah describes it as a mindset: one rooted in problem-solving regardless of background or available resources. It is not just about starting businesses but about developing the ability to adapt, innovate, and find solutions in any situation. For her, entrepreneurship is more than a discipline; it is a way of thinking that empowers individuals to create change.

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How Aloukika Patro is Bridging Entrepreneurship and Kindness

Emily Iliff — Thu, 27 Feb 2025 12:30:00 +0000

How Aloukika Patro is Bridging Entrepreneurship and Kindness Emily Iliff Thu, 02/27/2025 - 05:30

Emily Iliff

Aloukika Patro, a sophomore at the Leeds School of Business at the ��Vlog�ƽ��, has always been drawn to the power of community and impact. Coming from Parker, Colorado, she explored various college options before deciding on CU ��Vlog�ƽ��, where she felt an undeniable connection.

Her journey into entrepreneurship began with an incident close to home. In May 2019, a school shooting near her residence deeply affected her and made her question the root causes of such tragedies. She concluded that mental health plays a significant role in preventing violence. Determined to make a difference, she founded the KIKA Project: an initiative centered around the concept that Kindness Inspires Kind Acts.

The KIKA Project started with a simple yet powerful idea: kindness coins. These KIKA Coins serve as tangible tokens of appreciation, given to individuals who perform acts of kindness with the expectation that they will pass them forward. This creates a ripple effect of goodwill and positivity in the community.

To launch the initiative, she ordered 2,000 KIKA Coins, distributing 1,000 to her middle school to integrate into their program. The project quickly gained traction, reinforcing her belief that even small acts of kindness could contribute to broader social change.

The Growth and Future of the KIKA Project

Since its inception, the KIKA Project has evolved significantly. Initially, Aloukika saw it as a small, fun project, but as she witnessed its impact, she realized its potential for long-term change. Over time, she identified the importance of teaching kindness at an early age, particularly as digital interactions increasingly shape social behavior.

In 2022, she expanded the project by writing a children's book that integrates the KIKA Coin concept. The story follows a young girl who discovers a KIKA Coin on a playground and uses it to address bullying and isolation in her school. The book serves as both an educational tool and a means of fostering positive environments among young students.

Currently, she sets a goal of visiting at least ten classrooms each year to read the book and distribute KIKA Coins. Though she has not yet established the KIKA Project as a nonprofit, she is actively working toward that goal, hoping to make it easier to collaborate with schools and expand her reach. Seeing students engage with the concept firsthand motivates her to continue pushing forward.

Looking ahead, Aloukika envisions transforming the KIKA Project into a nonprofit organization. She hopes to involve high school juniors and seniors who are passionate about community impact, forming a "kindness team" to visit elementary schools and lead programs focused on bullying prevention, isolation, and mental health awareness. Additionally, she aspires to host annual fundraising galas to support scholarships for students who contribute to the initiative.

Despite the project's success, Aloukika has faced challenges, including difficulties gaining access to schools and overcoming skepticism about the relevance of kindness as a movement. However, she has found that networking and engaging parents has helped her connect with teachers and gain opportunities to present in classrooms.

Overcoming these challenges has allowed Aloukika to gain valuable insight and advice for others. Her advice to other young entrepreneurs is to stay focused on their mission and believe in their project's impact. Passion and persistence are key, as obstacles will inevitably arise. By maintaining a clear sense of purpose, she believes that any venture, no matter how small it may seem initially, can make a lasting difference.

Leading with Kindness

Kindness, for Aloukika, is not just a personal value but a fundamental aspect of effective leadership. She believes that a true leader must set an example by fostering a supportive and encouraging environment. Instead of exerting authority through power, she emphasizes leading with kindness, as it inspires and motivates others. By creating a culture of respect and encouragement, leaders can attract and positively influence those around them.

She credits much of her growth as an entrepreneur to the mentors and connections she has made at CU ��Vlog�ƽ��, particularly through the Deming Center and Leeds School of Business. She regularly meets with mentors to gain insights and has found encouragement from faculty members who have supported her vision. Encouraged by their guidance, she is preparing to participate in the New Venture Challenge and the Women's Founder Competition, recognizing the opportunities these events provide for learning and networking.

For Aloukika, the decision to enter the New Venture Challenge stems from a desire to expand the reach and impact of the KIKA Project. The competition allows her to refine her ideas, gain feedback, and connect with other passionate entrepreneurs. She sees it not just as a contest but as a platform to improve her project and make a meaningful difference.

She also believes that businesses, both small and large, can integrate kindness into their daily practices. From simple gestures of appreciation to fostering inclusive environments, she emphasizes the importance of hospitality and making customers feel valued. She advocates for business owners to recognize the emotional impact they can have on their clients and community through simple, intentional acts of kindness.

Entrepreneurship with Purpose

Ultimately, Aloukika defines entrepreneurship as turning one's dream into reality through a combination of passion, risk-taking, and perseverance. She sees it as the ability to identify opportunities, take bold steps forward, and navigate challenges along the way. For her, true success is not just about financial gain but about making a lasting impact in the lives of others. Her journey with the KIKA Project serves as an inspiring example of how kindness and entrepreneurship can go hand in hand, creating meaningful change in communities and beyond.

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Creative Distillation - Episode 76: Reversing the Arrow conference with Kathy Eisenstadt

Emily Iliff — Thu, 20 Feb 2025 13:00:00 +0000

Creative Distillation - Episode 76: Reversing the Arrow conference with Kathy Eisenstadt Emily Iliff Thu, 02/20/2025 - 06:00

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 Kathy Eisenhardt, 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 ��Vlog�ƽ��, 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.

Listen now and stay ahead in the world of entrepreneurship!

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How Erin Bateman is Breaking the Mold and Redefining Entrepreneurship and Career Growth Through Adaptability and Growth

Emily Iliff — Thu, 20 Feb 2025 12:30:00 +0000

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

Emily Iliff

Most people think of entrepreneurship as launching a startup, chasing investment rounds, and building something from the ground up. But for Erin Bateman, 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 CU ��Vlog�ƽ�� 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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Arterial: The CU ��Vlog�ƽ�� Startup Revolutionizing Road Maintenance

Emily Iliff — Thu, 13 Feb 2025 12:30:00 +0000

Arterial: The CU ��Vlog�ƽ�� Startup Revolutionizing Road Maintenance Emily Iliff Thu, 02/13/2025 - 05:30

Emily Iliff

Entrepreneurship often begins with an idea, but sometimes, it starts with an unexpected friendship. For Wade Turner and Kyle Wandishin, two CU ��Vlog�ƽ�� 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 CU ��Vlog�ƽ�� without a clear plan. Wade grew up in North Carolina and chose CU 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, Arterial: 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 CU ��Vlog�ƽ��’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: CU’s New Venture Challenge and Beyond

As their startup nears its next phase, Wade and Kyle are preparing to compete in CU’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 ��Vlog�ƽ��, 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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