Category Archives: Education

HYPERLOCAL SOCIAL ECONOMIES (HSEs)

by William Arrington

While most of our lives have transcended into the digital world through experiences such as social networks, friends are still very much tangible. We make friends because we share common ideals, motives, beliefs, activities, influences, communities and even consumption patterns. Social media sought to capitalize on this relationship by broadcasting our lives to the world and then selling them to the highest bidders (i.e. advertisers and retailers) for lack of a better illustration. The effects of this commercialization of our digital lives has left a divide in the purpose and utility of social networks begging to ask the question whether our friendships and connections online have become nothing more than apparatuses for advertisers and marketers to spam us through? Continue reading

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THE SUM OF ALL PARTS

Optimizing Human Behavior with a STEM Model

by Moises Goldman PhD

 

The Human Conundrum

For the last 15 years I have given numerous seminars aimed at optimizing executive and managerial performance in technology driven firms. The goal is to optimize departmental performance resulting in the larger optimization of an entire firm. As the theory goes: If the whole is the sum of the parts, and each part is optimized, then the whole is optimized.

These experiences have challenged my ability to communicate with people involved in STEM fields. This group represents a highly gifted segment of the population, and they tend to be very results driven.  How does one reason, interpret, and convince scientists to modify their own behavior? Continue reading

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INQUIRY AND INNOVATION

by John Jonelis

What happens when you invite the community into your high school and send your high school students into the community?

Amazing things!  You create a THIRD SPACE in people’s lives.

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POWER PITCH

by John Jonelis

What happens when you give kids—kids gifted in math and science—a real chance to bust out with their God given talents and excel?

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  • What if you trust them to lay their greasy little hands on equipment normally available only at elite universities?
  • What if you allow them to direct their own time?
  • What if you challenge them to construct their own goals and learn by themselves how to accomplish them?
  • What if you dare them to build real startup businesses at such a tender age?
  • And what if you throw them into a competition against a panel of critical judges from the real private equity world?

What happens? Good things!  Good things happen! They happen here at IMSA – the Illinois Mathematics and Science Academy. I’ll give you an intimate peek at the inner works of this educational powerhouse so you can see for yourself what makes this one of the biggest success stories in the country. Continue reading

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THE NAME IS IN2

by John Jonelis

What happens when you give kids—highly gifted in math and science—a state-of-the-art facility entirely dedicated to entrepreneurship? This could be the best-designed business incubator on the planet and the students are going to create real businesses here. Hey—this is too much fun! It sure doesn’t look like high school to me! Where did they put the usual long halls walled by the usual rows of lockers?  Where are the standardized rigid rectangular classrooms?

This is IN2, the new entrepreneurship center at IMSA—the Illinois Mathematics and Science Academy—the Statewide high school for the best and the brightest.  It’s located near Chicago and students live on campus, as if attending a university four years too soon.

IMSA will host a big party and ribbon cutting for the new IN2 innovation space on the 30th of the month—that’s the 30th anniversary of the school’s founding.  I had the unique opportunity to preview this amazing facility.  Here’s a sneak peek: Continue reading

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ENGINEERING YOUR PITCH

jockey-and-horse-t-ms-officeInsights from the Cornerstone Angel Meeting

by Stephanie Wiegel

Angel investment deals aren’t made on the spot as the TV show Shark Tank suggests. Instead, entrepreneurs are excused from the meeting after delivering their pitches.  If you’re vying for early investment money, what’s said behind these closed doors can make or break a deal. Continue reading

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INVESTING: IT’S ALL ABOUT THE CASH

cash-tby Scott M. Anderson

Angel investing is influenced by many factors affecting the startup including: technology, unmet demand, scalability and, most important, the founding team. These and many other factors will have a critical impact on the success or failure of the investment. However, there is one common factor to them all: Cash.

An investor and founder are in the elevator together. The investor says “Nice idea, how much capital do you need?” The founder says “$750K”. Investor says “Why $750K?” Founder says “We believe it’s the right amount based on other startups I’ve heard about.” Or she might say “It seems like the right amount based on the size of other angel investments.” Or she might say “It just seems like the right amount.”

Those responses are all wrong!! Continue reading

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TRUMPED

donald-trump-tby John Jonelis

Political outsider elected president! Nationwide shock!  Emotions run wild!  Markets in turmoil!  Worst riots since Orson Wells’ WAR OF THE WORLDS broadcast!

Loop Lonagan watches the mayhem on television. People on the streets shout lewd obscenities—carry hate signs—crawl over cars—destroy businesses—throw bricks at police. “Da theater o’ dee absurd,”  Lonagan mutters, “Did deeze folks even vote?” Continue reading

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ALIEN ABDUCTS FISH, THROWS FISHERMAN BACK

20161004-_jajdscn0159tby Jim Kren

Avid fisherman John Jonelis was enjoying some late night fly-fishing on the Pere Marquette River in Michigan when he had a close encounter with something not swimming upstream.

“I’m casting a fly called a Crystal Bullet with a number 4 hook on a sink tip,” said Jonelis. “This beautiful Chinook Salmon practically bends my number 10 Recon in half but after about an hour, I land it. Al snaps a picture, then all this happens.  Me and my salmon get lifted by a glowing ray into some giant saucer-like ship that smells of fish inside.” Continue reading

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IN YOUR FACE RISK

fear-color-tby John Jonelis

“Oh, you’re an angel investor! Isn’t that risky?”  I hear such drivel all the time.  Are people afraid of outsized returns?  Or perhaps they don’t understand risk, don’t know how to measure it, or how to take control of it.  Yet all that is quite easily done and it’s a real charge to play the game using a Monte Carlo simulation (MC).  I’ll show what’s likely to happen if you follow three simple rules.  Then I’ll break one rule—just a little bit—and we’ll use the simulator to see what happens. Continue reading

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THE SAY/DO RATIO

Jack 2by John Jonelis

You lose him. Jack Heyden was your father, your brother, maybe your son.  A deep, intimate relationship.  You know his profession—not the details, just what he did for a living.  Normal so far.  Then things start to turn.

His business colleagues invite the family here, and you all come, nerves raw from the shock that death brings. You arrive early, numb from the flurry of duties, people, and rituals that clutter such times and obediently take your seats in front, gazing about the room.

You have no idea what to expect. Continue reading

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5 STARTUPS WE LOVED FROM TECHWEEK

Chicago’s Launch Competition

techweek-logo T

 

by Jeff Segal

Why does a B2B digital marketing agency that works with some of the biggest and best-known companies in America send a team to a startup competition?

Because marketing and startups actually have a lot in common.

  • Marketing is about problem solving, and startups are founded to solve problems.
  • Marketing is about storytelling, and every startup has a story.
  • Finally, a great marketing campaign and a successful startup both make people say, Wow, I wish I’d thought of that!

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