Presentation on theme: "Entrepreneurship: its hurdles and rewards Kurt Lange, Minn. ‘90 Co-founder of U.S. Internet 12 March 2012."— Presentation transcript:
Entrepreneurship: its hurdles and rewards Kurt Lange, Minn. ‘90 Co-founder of U.S. Internet 12 March 2012
Kurt Lange, Minn. ‘90 In 1981, at the age of 11, I discovered a strength in computer programming on a TRS-80s. Joined Alpha Delta Phi in 1988. Helped set up ADPhi’s first Network and Internet connection. Left the University in 1991 to work in IT.
So what did I accomplish as an entrepreneur after leaving the University?
Most notable/notorious achievement The opportunity: a 10 year contract with a major metropolitan area for as one of the first cities to introduce Wireless Internet citywide. The competition - Earthlink, a company far larger than US Internet. Why did Minneapolis choose US Internet? Why did Minneapolis work and other city Wifi systems failed? Duplicable - Riverside CA Other discussion: –What was it built to do? –To service who/what? –Bridge collapse
Eke’d out a small piece Survived since 1995, almost 16 years! Achieved double digit growth each year, through multiple recessions Evolved! Not just dialup anymore … –Securence – Anything w/ an Email –Ravon VoIP –USIW –ClearRack Big Markets with room for multiple players What is Next? FTTx
The rewards of the boardroom US Internet’s still not a household name and proud of it! Customers on 6 Continents. Employee’s in 3 Countries, 4 States We have a worldwide presence with co-location in Minneapolis, Milwaukee, London and Sydney We’re in demand: even empty server rack space is purchased by companies to secure a highly sought after spot with U.S. Internet. Server Success: Kurt Lange stands inside server housings with partners Joe Caldwell and Travis Carter. Photo credit: MSP Business Journal.
Open Discussion: Does everyone want to be an Entrepreneur? Sometimes I think so … Entrepreneur v. Doctors, Lawyers and Such Failure is acceptable! Prepare for it. Your idea’s the most important element.
A New Breed of Entrepreneurs The technology boom has created a new breed of entrepreneurs. While many practices are the same, this new breed does have some advantages. Advantages you have: Credibility, Ideas, Money So what does it take? Is there a secret to success?
Questions? Connect with Brother Lange online on LinkedIn
Thank You! Kurt Lange, Minn. ‘90 Co-founder of U.S. Internet 12 March 2012