SwapDrive co-founder Roland Schumann spoke to a crowd of inspiring entrepreneurs on Wednesday, Feb. 25, at Sierra Nevada College. As a successful entrepreneur, Schumann shared his experiences when starting his company, and insights to what an investor looks at when evaluating potential investments.
“I’m thankful the school has supported such events for students,” Junior Alex Labranche, a recent SNC Business Plan competitor, said. “As a business major, I found [Schumann’s] talk to be very helpful for future endeavors.”
While Schumann was in school at George Washington’s Masters of Science and Information Systems program, he and a classmate came up with the idea for their business, SwapDrive Incorporated.
BY JAMIE WANZEK
Since earning the top ‘vote-getter’ in the primary elections this June, Business Department Chair Kendra Wong has been campaigning for a position on the Incline Village General Improvement District(IVGID) Board of Trustees.
“I am running because I think I am well positioned to represent many different voices in our town. I see many aspects within our town that could really be improved, and I want to be apart of that process,” Wong said.
Early election begins October 18 – 30 at the Incline Village library with the general election held November 4. Voters can look up their voting precinct in Incline Village at: http://www.washoecounty.us/voters.
“I would encourage all students to vote. Voting is an important part of our civic duties, and it is valuable to make your voice heard,” Wong said.
According to the IVGID website, IVGID is a quasi public agency chartered to provide water, sewer, trash and recreation services for the communities of Incline Village and Crystal Bay, Nevada. It is governed by an elected Board of Trustees which, acting on behalf of the electorate, sets policy and determines strategies to accomplish its charter. IVGID has many responsibilities including overseeing Incline Village’s beaches, Diamond Peak Ski Resort and the Incline Village Recreation Center.
With her experience as Business Department Chair at SNC, and owner of the Wild Alaskan restaurant, Wong holds many roles within the Incline Village community.
“Kendra isn’t running for IVGID trustee to achieve a personal ambition. Rather, she is running because other residents asked her to lend her experience as a local business owner and a member of one of Incline’s largest employers to help govern the community in pursuit of a more successful future,” Dean of Business Rick Normington said.
Wong said she has many ideas she hopes to bring to the community, by running for IVGID trustee. As a teacher who assists numerous students on a daily basis, she has honed her listening skills. Wong said she is committed to be reliable and communicative with her students and believes she can bring the same characteristics to IVGID. She understands community members want to know their voice is being heard with their concerns, therefore she hopes to bridge this gap.
“There are some common themes in the feedback that I am hearing and one includes the lack of communication. I think we need to be up-front with people about what IVGID is doing, celebrate the success and be honest about mistakes and areas of improvements,” said Wong. “I can see improvements being made with how IVGID communicates with the community with future decisions so that people can provide feedback earlier in the process, rather than hearing about it after the fact.”
BY JAMIE WANZEK
The Jale and Warren Trepp Pitch competition awarded students cash prizes and entrepreneurial recognition on Thursday, Oct. 9. The winners of the competition were: $500 first place, ‘Hydro UV’ by Alden Spence; $250 second place, ‘Auto Brake’ by Jackson Heath; and $150 third place ‘Fun Pass’ by Jake Bricklin.
The SNC Jale and Warren Trepp Pitch competition is an educational, competitive experience that allows students to combine their ideas and talent to produce tomorrow’s products, organizations and improvements. The experience allows students to gain experience with developing a real business plan. This year there were a total of 102 initial entries that was narrowed down to 10 contestants for the second round.
The evening began with President Lynn Gillette expressing his excitement to a full house of entrepreneurial enthusiasts. He conveyed his elation about the competitive environment that Sierra Nevada College promotes.
In spirit of Sierra Nevada College’s ‘entrepreneurial thinking’ core theme, the Jâlé and Warren Trepp Innovative Idea competition encourages all students to pursue their potential business ideas.
The third annual Jale Warren Innovative Idea Pitch competition will take place at 5 p.m Oct. 9th, at the Tahoe Center for Environmental Sciences room 139-141. Potential cash prizes consist of: first place $500; second place $250; and third place $150. This competition is the second stage of Innovative Idea events, which potentially lead to national level events.
At the beginning of school year, the Jâlé and Warren Trepp Innovative Idea Competition encourages students who have business ideas that fix problems, and its a way for them to get feedback on their idea. Lots of students participate in this competition through their classes; such as ENTP 200, ENTP 400, and Creative Entrepreneurial Thinking, according to Kendra Wong, associate professor and chair of the Business department.
The department asked students to submit their initial entry through a three minute video displaying their pitch by Oct. 3. This video needed to showcase their business model canvas and how they believe their business would be structured. This would include their preliminary research on customers, revenue and business model. These videos were then run through a judging process to decide who would move on to the Jâlé and Warren Trepp Innovative Idea competition. Once accepted to move forward with the competition, students will get feedback from mentors, judges, and business faculty members in developing a full business plan and go into the business competition season.
I’d like to address my concerns regarding the building of a presidential residence on campus. I, along with many other students whom I’ve spoken to on this subject, have grave concerns regarding the impact of this project. These include the environmental impact on the proposed building site, the image of our college that such an endeavor will alter, the economic concerns regarding the use of donor funds, and the hypocritical nature of such a project as it goes against the core values of this school.
The project’s “focus on marketing and branding” [sic] has the potential to be a detriment to the students. This focus detracts from providing a better environment for the students, faculty, and staff to live, work, learn, and play. Rather than presenting an image of affluence and prestige, the energies spent on “marketing and branding” should involve creating actual affluence and prestige. There are several ways in which this generous donation can be used that do not involve a fancier place for faculty and Lakeshore Blvd. residents to party – “a president’s house on campus would be a place to easily host potential and current students, faculty, donors and visitors.”
A couple examples for better use of donor funds may include:
– Increasing budgets across all departments would help to provide for a better education for the students that are already here. This could take the form of better equipment and infrastructure, and/or more campus events (i.e. film festivals, Writers in the Woods candidates, etc).
– Increasing faculty salaries and creating more full time/tenured faculty positions. This would increase the level of educational expertise this school can provide, which in turn would improve this school’s image in the academic community.
Three teams competed in the annual business plan competition now called the Jâlé and Warren Trepp Business Plan competition.