ReINVENTing Iowa, College of Business & Innovation - Leadership Iowa University

ReINVENTing Iowa, College of Business & Innovation

Passion, Curiosity or Creativeness?

 

Jarrod Diehm

Posted on Mar 19, 2010 at 10:52 AM

PISTONS SOLAR PANNELS AND SCHOOLIN BEARS!

            Today of all days was the roughest to get through. Though I made the wrong choice to stay up a little later then I should I bond very well with my roommate Chad. Then we went to bed and had to suffer the next day. Though I suffered through much I did take some cool things from it. I loved learning about Sauer-Danfoss. My favorite part was the tour. You could tell how high tech they were just by how high tech their tour was. It came to the point where they gave us headsets to hear the tour guide from so he didn’t have to speak over the machinery. Then it showed how they have great computer equipment that had so much sensor technology that they even knew when the person was working on the machine, not including having each assembly piece be lit up when it needed to be added on. This tour was very impressive, and blew me away despite my major need to go pee. Giving a measurable example to how incredible a company could be. Then later at the research park there was a man discussing an incredible new technology involving a simple sheet of solar technology. These sheets can be woven into fabrics giving very vestal ways to gain solar energy. Despite being super tired and having my eyes slip into REM sleep while I was awake I was extremely fascinated by this new research, and learned a lot. I hold on to the piece of plastic they gave us to treasure the greatness, and then we went over the results of our marketing simulation. This gave me a great over view of what I and all the other teams learned. Again one of my favorite parts of the week. Finally we all went to a cubs game to chill. I’ve never seen a base ball game in a stadium, and bonded with Ria learning the ways of the ball park. The coolest part of the night was seeing the crazy dance skills of the guy in the bear costume. I definitely learned to take it a little easier staying up late at night this week, but wouldn’t trade a second of the pain just so I could chill with Chad that night. Finally I’ve started putting the things I’ve learned here into perspective lately, and have really started thinking about what I’m going to do to further my success when I get home.

  1. I’m going to quite my job or move to a more satisfying time so I don’t have to be miserable, and can move further towards success.
  2. I’m going to put more effort into my job at the movie theatre to learn what I can to start at the bottom of film, and work my way up, because I still love it at the theatre.
  3. I’m going to help build my parents up to success because they both want to start business in town, and I’ll give them some of the outlet information I’ve gained here to help them on the road of success.
  4. Finally I’m going to start a small wedding video set up with my dad to gain some easy money doing a hobby that I love am good at, and wouldn’t take too much time.

 

TJ Anderson

Posted on Aug 12, 2009 at 11:27 AM

After spending most of the today in Ames, IA, I have learned that there is a great amount of opportunity in this area. We took a tour of Sauer Dafoss, a hydraulics manufacturing company domiciled in Germany. Although they have been downsizing due to the economy, they continue to operate in an efficient and innovative manner. I felt the presentation from Mr. Dan Culhane, Executive Director of Ames Chamber of Commerce, was a very informative viewpoint of the city of Ames. Although a little biased, Dan’s speech acted as a worthy transition to the rest of our day.

From Sauer Danfoss we traveled to Ames Research Park where we heard from five esteemed representatives from some of the different companies/divisions. The Park presents a very neat set-up for the students. My favorite speaker at this location was Alan Bierbaum, VP of Technology with Priority 5. According to Alan, a couple different arms of the Federal Government are not up to date with some of the current computer software, because programs such as Windows XP are not deemed to be secure yet. Alan helped implement a totally new computer software for a particular organization that Alan said was “Google Earth on steroids.” Alan’s big pitch to all us at LIU was to poke your head in places, because you’ll never know what will come of it. He found his way with Priority 5 by directly asking the research director, Anthony McDermott, to help out in the research lab. This success story is one that can be patterned by many individuals at many times in their careers. I hope I can develop this level of curiosity and passion as I continue to learn about many of the opportunities in this great state.
 
Today began to open up my mind in more ways than one. I am very excited for what is to come!!

Danielle White

Posted on Aug 12, 2009 at 11:26 AM

Today, we attended multiple panels that were very informative on different markets in Iowa. Although, I didn’t fully understand most of the industries being spoken about I took a deep interest in the similarities it took to run or jump start all the companies. I was amazed how many companies are globally located that are headquartered out of Iowa. I never realized the impact Iowa not only makes on the nation but the world itself. It baffled me that Sauer Danfoss is so large and successful yet I have not heard of them till today.

I heard an interesting take on entrepreneurship and it got me thinking about where I really want to take my life in general. Mr. Vada Grantham had us list our hobbies and some other tidbits about ourselves and my hobbies were sports and traveling, he said you should be doing something you love and your hobbies are clearly something you love so why not try to incorporate that into your work life. I have always known sports are a huge interest of mine and that the industry interested me, yet I always only thought of it on a professional level. Today I realized there are numerous ways for me to travel, meet people, and be surround by sports I just cannot be narrow minded in my dreams.
 
We also wrapped up our business simulation where each company pitched there companies strengths and opportunities trying to gain investors. Although, my company did not win overall it helped me look at our companies’ overview and really dig into what our company was successful at doing. Even though we won the competition the day before we had some challenges to overcome. Entrepreneurship is something that has always kept me listening, so this simulation gave me a simple real life example on some challenges and thoughts I would face in running my company in a condensed way obviously…

Jon Konz

Posted on Aug 12, 2009 at 11:23 AM

 

Leadership Iowa University has been an eye opening experience. It has truly broadened my horizons and taught me to see outside of the box. My favorite concept so far has been that of passive income. There are so many opportunities to make a little cash on the side with minimal personal effort. Previously, I always thought that if I needed more money, I would just have to work harder and longer hours, but thanks to Adam Carroll (officially the coolest person I have ever met) I’ve found that there are ways for me to make a little extra cash while maintaining my sedentary lifestyle. 
 
Of course, I am just kidding about the sedentary lifestyle. I do not think any of us would be here at Leadership Iowa University if we truly lived a sedentary lifestyle. All of the entrepreneurs that we have met thus far have made this one thing apparent: getting rich is hard work! So, the idea of making a little easy money on the side is one that appeals to me. It is like a reward for thinking outside the box.
 
One thing that I would like to see are other examples of leadership in the community outside of business. I understand that Leadership Iowa University is aimed at keeping jobs in Iowa, but there are some truly good examples of genius in other areas of employment than just entrepreneurship. Success is also not only measured by the profit of a company. The people who started habitat for humanity had a brilliant idea, they were not out to make a profit, and they have been making dreams come true for hundreds of people. They are also a true success story.

Daniel Hanawalt

Posted on Aug 12, 2009 at 11:20 AM

Today I think I heard more individual speakers than any other day in my life. We spent most of the day in Ames. First, we visited Sauer Danfoss. It was fun to tour a large manufacturing facility and see how a huge mass of people all working together was managed. At Sauer Danfoss, we heard from the Ames mayor Ann Campbell, entrepreneur Vada Grantham, and the director of the Ames chamber of commerce Dan Culhane. It seems that a theme is evolving from many of the speakers. They are adamant about getting out and finding someone that is doing what you want to do so that you can learn from them. I think this is the best advice that I have received while at Leadership Iowa University.

 After a short bus ride, we were at the Ames research park. There we heard from a few speakers that were in companies who were dealing with new technology. I was fascinated by the presentation from Mike Coon with PowerFilm. Their solar panel product is revolutionary and I can see it being utilized everywhere someday.
 
Another short bus ride later, we were arrived at the DMACC Hunziker Center. There we heard from a panel of Iowa business people lead by Leisa Fox. It was a nice change from the formats that we had listened to during the other speakers’ presentations. Lastly, we finished up our business simulation with a discussion about what had happened during the simulation. This day was filled with a ton of great information.

Chad Davis

Posted on Aug 12, 2009 at 11:18 AM

Today started off exciting. We went to Sauer-Danfoss and had the privilege of talking to one of their HR representatives and touring their factory as well. It was really interesting to find out how good of a company they really are. They treat their employees extremely well and although they are going through a hard time with the downturn in the economy they are trying to keep as many people on as they can and trying everything to get people back as well. What really intrigued me was the factory floor because I have never seen it before. It wasn't anything like I was expecting and I think everyone should get a chance to tour one sometime in their life. I also enjoyed Vada Grantham's presentation on entrepreneurship. He gave some really good information and I thought the diagrams that he showed the class was more helpful because it gave us a visual aid to interpret. My favorite part of his presentation was the common traits that all entrepreneurs share including creativeness, decisiveness and persuasiveness. He also gave us some great insights on opportunities that are in Iowa which included renewable energy which I believe to be very important not only in Iowa but all over the world as well. Hopefully Iowa can start catching up in the category or maybe even surpass a lot of the world. Another option he gave us which really surprised me was wine services considering Iowa has never really been recognized as a climate that produces great grapes and great wine. Although with Iowa’s fertile soil and some entrepreneurship that could become a great resource for Iowa. Overall today was exciting and fun and I really enjoyed most of the speakers that graced us with their presence and their wisdom.

Megan McMahon

Posted on Aug 12, 2009 at 11:17 AM

Though each day at Leadership Iowa University has been amazing so far, today’s time spent at Sauer-Danfoss was especially exciting for me. Because I’m a very visual person, manufacturing businesses make a lot of sense to me as I can see each step leading to a finished project. Matt Bendler gave us a great overview of the businesses, both its corporate culture and its products and customers. Sauer-Danfoss presented a new marketing challenge because they are only well-known within their own industry. We learned through this challenge, the value of word-of-mouth advertising; Sauer-Danfoss must rely on the goodwill of their customers to spread their name and ensure that no bad things could be said about the company. This is an important lesson for everyone; each day should be considered an interview and you should present yourself as a personal billboard, you never know what will be said about you when you’re not around. After the company overview, we were given a tour of the plant floor. It was amazing to me the in depth measures taken to ensure everyone’s safety, especially the designated pedestrian areas and traffic control. Also exciting for me was their inventory control system; suppliers retain control of inventory through a video monitoring system and Sauer-Danfoss takes on liability only when an item is used.

Chikemma Nwana

Posted on Aug 12, 2009 at 11:13 AM

Today, we travelled to Ames which in itself was a very exciting experience. At Ames, we visited and toured around Sauer-Danfoss which was really amazing. I was able to connect with the manufacturing process because I have worked with six sigma and lean tools – a huge component of Sauer-Danfoss’ operation. We also had Vada Grantham, an entrepreneur and DMACC Instructor, speak to us today. He talked about the skills of success which includes: knowing your strengths and weaknesses, knowing the power is within you, knowing the tools of the trade in that industry, knowing where you are going, and finally, knowing that you are somebody.

It was very fascinating listening to the panels talk about how they have sojourned through life up to this point. Everyday, I am more convinced that there are opportunities out here in Iowa for us to grasp and it only takes preparation and leadership to work with those opportunities. We also had a follow up on the business simulation of yesterday, which was very educative because we had the opportunity to ask questions on what exactly was going on in the simulation of yesterday, and to find out the right business strategy to use in such cases. At the later part of the day, we went to watch the Iowa Cubs which was rather very interesting. I’m not a fan of baseball at all but I found myself developing interest in the sport.

Joseph Vesterfelt

Posted on Aug 12, 2009 at 11:12 AM

I thought that today was a great day for the Leadership University. The tour was interesting because we had an opportunity to see a lot of new technology being used. It was also great to hear the about how the company has been evolving to fit the needs of the times. I thought that the speaker Vada Grantham's talk about innovation and what it took to become a successful entrepreneur was great. I felt like he gave out some great information about how to start your own business and be successful, even in this time of trouble.

The panel group that talked about why Iowa was interesting because we had a mix of jobs to hear about and their choices of why coming to Iowa. It just goes to show us more why Iowa is such a great place for new businesses. Also they touched on how as times change your business has to change in order to stay ahead in the game. It shows that even though you are successful that there is always room for improvement and that even as you grow older you never quite learning.

Alex Frescoln

Posted on Aug 12, 2009 at 11:11 AM

I found today to be very enlightening. We met with different entrepreneurs from around the Ames Metro area and also took a tour through the manufacturing plant of Sauer-Danfoss. I believe that I now have a better understanding about what goes into forming a stable business. It takes solid entrepreneurial instincts, innovative ideas, sound operations, human resources, and networking. The most important thing is creating a balance of all aspects that were previously stated.  

The thing that had the greatest impact on me was hearing from all of the upstart businesses about how they were able to successfully create a framework that allowed them to share their ideas with the world. All of the entrepreneur’s were knowledgeable in different areas, whether it was virtual reality, software engineering, or business. Every single person that we have met with over this trip has emphasized how important it is to network because they were all dependant on other peoples knowledge and skills.
 
I believe that the greatest thing about the Leadership Iowa University are the multitude of diverse speakers. They give us a window into the different work cultures and ideals within the differing industries. (i.e. Bankers, Accountants, Engineers, CEO’s, COO’s, HR, etc.) The business simulations are interesting and teach us about the core ideas in the market, but the speakers tell us how it really works and what kind of challenges will be in our way if we choose to follow in their paths or tread a new path.

Nick Litwiller

Posted on Aug 12, 2009 at 11:09 AM

It’s amazing that I’ve lived in Ames my entire life and have never been exposed to companies that we encountered today. Sauer Danfoss for one. What an incredible company. First of all, my original perspective toward manufacturing companies encompassed dusty, greasy machines working until days end with little regard to working conditions. On the tour, I learned that Sauer Danfoss prided themselves greatly on their enduring focus on worker safety and factory cleanliness. Most companies are quick to rush OSHA officials in and out of their doors in order to avoid sanctions, but SD embraces the opportunity to consult with them to identify what they could do to make the work environment as safe as possible.

Another place we visited was the Ames Research Park, which is basically an incubator for high-tech startup firms. We were fortunate to be able to hear from three different companies that were at various stages of business. It’s amazing to know that Ames is the home of companies with such potential.
 
The session tonight with Dan Topf was really fun because we could finally review the business simulation results that we completed yesterday. As finance major, it was frustrating not knowing what types of business decisions affected the growth rate and stock price within the simulation. It was definitely relieving when we found out that we had a second chance to win the prize by presenting a “roadshow” type presentation to our classmates who mimicked equity investors. Well…tomorrow is going to be our last full day and I am excited to meet some great Des Moines leaders.

Chelsea Berry

Posted on Aug 12, 2009 at 11:07 AM

Today’s activities emphasized passion, curiosity, and creativity. I feel that I am on my way to successfully achieving each of these areas in my future career. I am going into audiology, as I have mentioned before. I have grandparents who are Deaf, so I have grown up knowing about hearing loss and the affect audiologists can have on a person’s life. I already have a lot of background in hearing loss, but I feel that the more I learn, the more passionate I will become. I feel very passionate about helping and working with people, and I feel that that well help me in my future aspirations. I am also very curious about how the ear works and about how people’s lives are affected by a hearing loss, but I am also very curious about business and how competing businesses stay afloat and competitive. I am also very creative, and I think that that will help pay off in my field as well. I think that having these things will help me become successful, and it was really neat to see the different aspects of success broken down and discussed.

I found today’s speakers very interesting because they discussed fields I have never really been interested in, but are still very prestigious positions. A lot of it went over my head because I have very little background in science, but it was very interesting seeing the wide variety of jobs Iowa has to offer, and how many fields are successful.

Andy Conyers

Posted on Aug 12, 2009 at 11:06 AM

On this, the third day of leadership camp, we traveled to the city of Ames to visit a manufacturing plant as well as meet quite a few accomplished individuals. My favorite part of the day was probably when Mike Coon, the COO of PowerFilm, a flexible solar panel manufacturing company, was telling us how he got started and how much his company has grown over a relatively short time span. His company's products were fascinating to me. The design and innovation as well as the creativity to make their ideas into reality amazed me.

The next speaker was just as impressive. Alan Bierbaum, who is the Vice President of Technology for Priority 5, had accomplished so much in a not so long time frame. His account of the training he has given to his clients for the technology that his company provides gave us students with great stories as well as good, practical examples for what could happen if we have companies of our own.

After these speakers, the group headed to the DMACC Ames headquarters and was provided the opportunity to listen to a panel of four business professionals recount their challenges, opportunities and share their knowledge. I particularly liked listening to Bob's story of how he is on multiple various boards and committees, giving back to those communities that provided him with chances to succeed while he was younger.

Alexandria Reiser

Posted on Aug 12, 2009 at 11:05 AM

The forecast of the day entailed business and innovation in Iowa. We toured the manufacturing plant, Sauer-Danfoss, and learned about the company’s purpose and strategy. Vada Grantham, a flourishing entrepreneur, educated us in how to be a successful entrepreneur and the opportunities in Iowa to apply his information. We then got to meet the people at the head of those opportunities here in Iowa. The Research Park in Ames, Iowa is a place with exceptional growth and energy that shows in the work they accomplish. The most interesting forger in my opinion was Mike Coon, the COO and research analyst of PowerFilm—the new age solar panel. PowerFilm’s success can be attributed to Mike’s team and their innovation and commitment to their project. Listening to the leaders at the research park, gave me a different view on entrepreneurship. We then met with a panel to listen to them discuss the benefits and happenings in Iowa and what makes Iowa tick. After the discussion, we got to visit with the panel.  While doing so, I found myself making a connection with one of the members of the panel. This showed me how easy it is to meet people and form a line of common interest that can help one in networking. Our simulation teams were then regrouped and we went over our corporation’s financial report from the previous game the day before. We also discussed the positive and negative actions we took as a group. We also learned that our strengths and weaknesses worked well together as we got first place in the post-simulation challenge!

Jon Raftis

Posted on Aug 12, 2009 at 11:04 AM

Today was yet another great day. Ames is a town that I have not spent very much time in, but it seems like they have quite a lot of commerce going on there. I was really impressed with Sauer Danfoss. Even in the midst of a wildly declining and turbulent year, the folks at Sauer Danfoss were willing to host us. I was extremely intrigued with their openness to talking about the difficulty in firing some folks recently. They also took us on a tour of their manufacturing facility and I really thought that was cool. The painting robots were awesome in my mind.

Vada Grantham had a special story. He has been an entrepreneur in every sense of the word. He has owned various companies over his career. I especially enjoyed the video that he played at the end of the speech. I thought some of those tidbits of advice from that video served as really good reminders of how I want to be living my life. That video sort of allowed me to take a personal inventory of how I am doing.
 
I was so impressed with the afternoon session at the Research Park. The three technology firms that spoke with us were quite refined companies. I never knew that there was that much interesting business being done right here in central Iowa. I have lived in Des Moines for many years and it was powerful for me to realize that some of these very special companies do their work right here in Central Iowa.
 
I thought that the IPO pitches we did with Dan Topf were an invaluable learning experience. That is some of the best hands-on work we have done so far this week. We were able to practice our presentation skills and we also really had to apply our analytical skills.
 
Then, of course, the Iowa Cubs game was a terrific outing! I had a great time there.
 
Looking forward to another stellar day of LIU on Wednesday….

Mary-Miranda A. Okraku

Posted on Aug 12, 2009 at 11:02 AM

Today was a fabulous day, overall! We went to the various places like Sauer Danfoss and Ames Research Center. At the Sauer Danfoss, I really enjoyed the speech by Vada Grantham. He gave amazing tips on how to be stand out from the crowd and be the best entrepreneur. One phrase he used that I really liked was “The Power within you” which ties in with what …said about controlling your destiny. T taught me that you might not get to where you are gong unless you take charge of your life or destiny and actually do something about it. Opportunities will not be offered to you on a silver platter. At the end of his presentation, I took note on some of his quotes he shared with us. Some were very hilarious but others had a positive tone to it which I took to heart like, “Never deprive someone of hope, it might be all they have.” We also got to go on a tour of Sauer Danfoss which was pretty cool to see all of the equipments used. 

The trip to Ames Research Park was cool. It was intriguing to hear about what solar can be used for. I liked the idea of charging an iphone or ipod using solar energy. I think it comes it will come in handy when you are in the middle of nowhere and you have to charge your phone to make an important phone call or to charge your ipod when the battery gives up in a bus.
 
For the 1st time in my life, I got to go to an Iowa Cubs Baseball game. Before, I got there I knew nothing about baseball because it was not a sport I gave much attention to. I was very excited! During the game got a hang of it and it was pretty easy to follow. I must admit the mascots, Cubbie and the chicken made the game very interesting to watch. I had a great time and I would like to thank Leadership Iowa University especially Catherine Berardi for making it possible to experience the baseball game.
 
I am looking forward to what tomorrow has in store for us!

Rhonda Greenway

Posted on Aug 12, 2009 at 11:00 AM

Your company is struggling due to the faltering market. If you choose to invest in human resource workshops to improve the morale in the company, turn to page 29. If instead you choose to outsource abroad in pursuit of cheaper labor, flip to page 64.  Hopefully you’re familiar with the concept of “choose your own adventure” books. If not, the idea is simple and rather self-explanatory.  A person, you, begins by reading the story. A few pages in the character, also you, will be asked to choose between two or more choices. That choice then directs you to a different page within the book and launches you on a path based on that decision.

I’ve come to the conclusion that entrepreneurial ventures are basically the beginnings of those books. There are driving elements and choices that guide the owner and company to either succeed or fail. These choices direct the person to another page in the book of their business, and from there they either, like some choices, end in failure or like others, in success.  Honestly, entrepreneurial corporations aren’t exactly the direct equivalent of a “choose your own adventure” book. Three major differences exist between these two things and they are: passion, curiosity and creativity. These three things are the main components of a strategy for any company. In a “choose your own adventure” book, strategy doesn’t exist. Those three things effectively drive entrepreneurial groups to the next page in their own personal future. So, now it’s your time to make a decision. Decide to invest in your own personal passions then use your creativity and curiosity to drive you to a successful future, turn to page 7. Decide to instead, take a nap and then spend the day watching VH1, close the book.

Skyler Wistrom

Posted on Aug 12, 2009 at 10:56 AM

This morning Vada Grantham spoke to us about different traits that successful entrepreneurs posses. Included in these traits were Motivated, Creative, Decisive, and Self-Confident. I think that these traits are not only possessed by entrepreneurs but also by successful business people. As he spoke I began to think about these traits and figuring out if I actually posses what this man thought were the characteristics of an entrepreneur. I thought about the traits that he spoke about in length because I am considering eventually starting my own business in Iowa. I would like to start a chain of Wellness Facilities that are partnered with insurance companies and different area hospitals.    The aim of theses facilities would be not at gaining biceps that are bigger than your head, but rather at preventing illness, increasing quality of life, and rehabilitation. 

Through my deliberation, I decided that I do feel as though I have these strengths and Leadership Iowa University is helping to put me in touch with other people who could help me and my business succeed down the road. I plan on waiting a few years so that I can gain some capital, but definitely plan on pursuing this path. If you have any suggestions or think that you could be a valuable asset in this process, please let me know.

David Miller

Posted on Aug 11, 2009 at 8:49 PM

We had a jammed-packed entrepreneur schedule today. We left this morning bright and early to head up to Ames and visit the Sauer-Danfoss plant. There we spoke with Matt Bendler from human resources (more on him later), the mayor of Ames, and our first keynote speaker, Vada Grantham. Grantham currently teaches his ways of entrepreneurship at DMACC and spoke to us about how we should become leaders and possibly entrepreneurs. He spoke on the traits that he believes all entrepreneurs need to have; achievement motivated, creative, decisive, energetic, a networker, self-confident and persuasive. For me these traits seem very doable. I need to focus on developing more of a persuasive talent but that is ok for now. 

After touring the manufacturing plant at Sauer-Danfoss, we went over to the research and development area of Ames and heard from three interesting speakers. Our first speaker, Mike Coon, spoke on his development of flexible, solar panels called PowerFilm. We then listened to Alan Bierbaum discuss his Priority 5 company and I learned that the government uses decade old technology to my disbelief. Bierbaum said that because Windows 2000, XP, and Vista are not safe yet, the government would not use them yet. Crazy! He was followed up by two gentlemen discussing computer programming that seemed to be way over most peoples heads, but subtly interesting nonetheless.
 
We had a chance to listen to a panel later in the day. This was an opportunity for me to talk about Matt Bendler from Human Resources at Sauer-Danfoss. I got to know him a bit as we discussed the HR career path. I have some interest in it at the moment but I am still unsure. He agreed to provide me some insight whenever I need it in the upcoming future. Thanks Matt. We finished the day by recapping the simulation that had happened the day before. While our pitch did not persuade as much as we thought, Sigma’s still placed and I was proud of the end result.
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