Tag Archives: business

Terp Toolkit: Accounting for Your Startup

When launching a business, often there are a variety of start-up costs to track. Being organized on the front-end with your startup’s finances will pay off in the long-run.

accounting_webThere are several tools at a variety of price points that will help you keep your financial records. Here are some startup-friendly resources: Continue reading

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Event Recap: The Silk Road Rediscovered with Professor Anil Gupta

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Professor Anil Gupta, Dingman Chair in Strategy & Entrepreneurship

Global Entrepreneurship Week is a celebration of just that: innovators who give life to new ventures that drive economic and social value creation everyday around the world.  Who better to talk with Smith School students about the importance of international entrepreneurship than than global innovation expert, Professor Anil Gupta, the Michael Dingman Chair in Strategy and Globalization at the University of Maryland’s Robert H. Smith School of Business.

On Wednesday, Nov.19, Prof. Gupta led a lunchtime discussion with Smith graduate students and faculty around his latest book, “The Silk Road Rediscovered,” which examines the business and cultural relationships between the emerging countries, India and China.

Though these countries have been around for thousands of years, India and China are more entrepreneurial than ever. As Prof. Gupta shared, these economic super-giants are growing faster than ever, and are poised to surpass the GDP of the developed countries such as the U.S., Japan and Germany in the next 10-20 years.

“Professor Gupta gave very interesting insights into India and China,” said Seth Faulb, a 2015 MBA candidate and president of Smith’s Entrepreneurship Club. “The most interesting thing from the discussion, I thought, was how in the last 2,000 years the global economy was dominated by these two countries and, given conservative estimates, it is very likely to return that way in only 10 years. It sounds to me like the more developed world needs another huge event like the industrial revolution to keep the competitive advantage they have held for the last 100 or so years.”

As future business leaders, a solid understanding of the economic growth and business opportunities in China and India is paramount. At Smith, we are privileged to have such worldly, expert professors, like Prof. Gupta, who can share not only the business implications but also the cultural nuances that will help us work more effectively with diverse teams.

“No matter what career path we are pursuing, at some point it will be very beneficial to have an understanding of the Chinese and Indian economies and the unique characteristics that define each,” said attendee and 2015 MBA candidate, Patrick Gillece. “There are few people who are as knowledgeable and as effective in communicating those issues as Dr. Gupta, so I really appreciated the opportunity to hear from such a renowned expert in the field.”

Anil K. Gupta is the Michael Dingman Chair in Global Strategy & Entrepreneurship at the Smith School of Business, at the University of Maryland at College Park. He is widely regarded as one of the world’s leading experts on strategy, entrepreneurship and globalization. Thinkers50 has named him as one of the world’s 50 most influential management thinkers and has been named by The Economist as one of the world’s “superstars” in a cover story on “Innovation in Emerging Economies.” Click here for more information about Dr. Gupta and his latest book, “The Silk Road Rediscovered.”

IMG_5316The Dingman Center for Entrepreneurship and the Office of Global Initiatives lead a program that brings Smith MBA students to China each year. This year, students will travel from Shanghai to Beijing where they will participate in the 9th Annual China Business Model Competition. Click here to register or learn more about the program.

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Worth Reading 3/7/14

Our Graphic Design Intern, Hannah Shaw, working on the Cupid's Cup brochure.

Our Graphic Design Intern, Hannah Shaw, hard at work on Cupid’s Cup!

Today the Center For Social Value Creation held their signature event, the sixth annual Social Enterprise Symposium, attracting hundreds of attendees. In less than one month, it will be our turn! Register for Cupid’s Cup early to reserve your ticket at the nation’s toughest business competition.

Now, let’s check out this week’s Worth Reading:

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Worth Reading 2/28/14

Can our Entrepreneurs-in-Residence have the same effect on professional football players that they have on student entrepreneurs? We’ll find out this Sunday when EIRs Harry Geller and John LaPides participate in a four-day entrepreneurship conference for current and former National Football League players.

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Participants will include: NFL cornerback Phillip Buchanon who is creating a board game to teach money management and other life skills to kids;  Arizona Cardinals long snapper Mike Leach who is developing a product to help parents toilet train their toddlers; and Pittsburgh Steelers receiver Plaxico Burress who has introduced a line of colorful, luxury socks. Read this Baltimore Sun article for more details.

Now, here is what’s Worth Reading this week.

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Worth Reading 11/22/13

Global Entrepreneurship Week was a great success for the Dingman Center! From Tuesday’s Entrepreneurship Connector to Thursday’s Pitch Dingman Competition, check out some highlights in the below photo gallery. Thank you to those who celebrated Global Entrepreneurship Week with us.

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Now, let’s check out this week’s Worth Reading.

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