Entrepreneur shares his strategies


Entrepreneur shares his strategies


Self-confidence, taking risks top traits named by KSU alum who made the Forbes ‘Midas 100’

When M.R. Rangaswami came here from India in the 1970s, he carried $100
and a dream of earning his M.B.A. at Kent State University.

He eventually went on to a career as a strategic adviser to
many fast-growing companies, landing him on Forbes Magazine’s ”Midas
100 List” as one of the country’s most influential investors.

On Friday, Rangaswami returned to KSU for the first time
since earning his degree in 1978 to share his expertise at the annual
Entrepreneurship Extravaganza.


The two-day event, hosted by the school’s Center for
Entrepreneurship and Business Innovation, offered free workshops, panel
discussions, networking and motivational speeches to students and the
local business community.

Topics ranged from entrepreneurs in creative fields to marketing on a shoestring budget to minority-owned business issues.

Rangaswami
delivered the keynote address, drawing on his experience as co-founder
of the San Francisco-based Sand Hill Group, which provides investments
and management advice to emerging technology companies.

”There are literally half a million of you who become entrepreneurs every month,” he said.

The
difference between those who succeed and those who don’t can be found
in 10 traits, such as the ability to take risk, extra self-confidence
and a creative spirit.

Rangaswami reinforced his list with anecdotes about the
entrepreneurs who have shown up on his doorstep looking for money and
guidance.

They include a zealous man from New Jersey so determined to
make it in Silicon Valley that he threw everything he owned into his
car and drove to California to begin pitching his ideas.

Another entrepreneur had four companies fail, only to
persuade Rangaswami’s group to take a chance on a fifth. He ended up
selling that fifth company for $200 million.

Successful entrepreneurs ”think out of the box” and are even contrarian, Rangaswami said.

He
condensed his advice to entrepreneurs into five mantras: Believe in
yourself, take risks, seize the day, work your network and persevere.


Paula Schleis can be reached at 330-996-3741 or pschleis@thebeaconjournal.com.

When
M.R. Rangaswami came here from India in the 1970s, he carried $100 and
a dream of earning his M.B.A. at Kent State University.

He
eventually went on to a career as a strategic adviser to many
fast-growing companies, landing him on Forbes Magazine’s ”Midas 100
List” as one of the country’s most influential investors.

On
Friday, Rangaswami returned to KSU for the first time since earning his
degree in 1978 to share his expertise at the annual Entrepreneurship
Extravaganza.

The two-day
event, hosted by the school’s Center for Entrepreneurship and Business
Innovation, offered free workshops, panel discussions, networking and
motivational speeches to students and the local business community.

Topics ranged from entrepreneurs in creative fields to marketing on a shoestring budget to minority-owned business issues.

Rangaswami
delivered the keynote address, drawing on his experience as co-founder
of the San Francisco-based Sand Hill Group, which provides investments
and management advice to emerging technology companies.

”There are literally half a million of you who become entrepreneurs every month,” he said.

The
difference between those who succeed and those who don’t can be found
in 10 traits, such as the ability to take risk, extra self-confidence
and a creative spirit.

Rangaswami
reinforced his list with anecdotes about the entrepreneurs who have
shown up on his doorstep looking for money and guidance.

They
include a zealous man from New Jersey so determined to make it in
Silicon Valley that he threw everything he owned into his car and drove
to California to begin pitching his ideas.

Another
entrepreneur had four companies fail, only to persuade Rangaswami’s
group to take a chance on a fifth. He ended up selling that fifth
company for $200 million.

Successful entrepreneurs ”think out of the box” and are even contrarian, Rangaswami said.

He
condensed his advice to entrepreneurs into five mantras: Believe in
yourself, take risks, seize the day, work your network and persevere.

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