Shadrach White who is the CEO of cloudPWR The company which is found in 2011 brought us an interesting story. Through by his timeline, it shows the upside and the downside of the Entrepreneurial life, it's like a roller coaster. He started with Rucker Park Basketball Gear which sells the jersy for NBA teams. In the beginning, the business was successful, however it failed because he was lacked of financial knowledge. That's also a important thing to us to remember when we start something, financial is what a business needs to know. They need to keep track the cash flow of the company, otherwise we don't know when we lost the more money, and how much we lost, it sounds like gambling. But in the story, I see he has a really special mindset which is he isn't scare about doing the thing he think it's right. While he walked through the dangerous street to ask for name permission, he knew he's doing right thing, he knew his goal that he needs to do it, and he didn't stop just because it's risky. And there's the other thing from his story which he mentioned is "Even though you followed every rules, you still can fail". The business is just not like math or science, just follow the formula and reach the solution. If it is, the percentage of successful business should be higher. And the last thing I find it made a really strong impact to me is when he asked "who in here works in sales?". Everyone works in sales, we sale ourselves, we are all material for sales.
This week guest speaker, Matthew Tolentino who graduated from Tacoma and work as Assistant Professor within the Electrical and Computer Engineering Department. He's founder of Intelligent Platform & Architecture (IPA) and developed technology which helped Tacoma Fire Department problem. The interesting is he had no idea with their problem at first, he just went straight and ask "what is your problem?" Somehow it's a good way to find out. Compare to Erik, I felt like Mathew has more engineering side in him more than business, but he knows the core of the entrepreneurship. He developed his product in term to solve tracking chemical spills and the “lost firefighter” problem. And when he talked about RFID systems and bread crumb trail so they can calculate the situation inside the building before the firefighters going into by transition every firefighter into a mobile sensing platform. By that, the department can get the information location, floor-plan, and vita...
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