Missouri Student Unions Entrepreneurial Program Presentation March 11, 2013

 Mission – Enhance the student experience  Goals  Nurture creativity  Encourage entrepreneurial education ▪ Finance ▪ Management ▪ Marketing

Gathered campus entrepreneurial experts together to form a committee including representatives from: Entrepreneurial Alliance Technology Business Development Student Success Center MU Entrepreneurial Club

 Committee actions:  Formulated the operational structure  Designed the application and hiring process ▪ Missouristudentunions.com  Yearly review the applicants and interview the top submissions

 Student business selected gains  325 square feet space  High profile location  18,000 daily visits  the space is rent and utility free  Free advertising opportunities

 Unsure of level of success  Five applicants  Chose  OMG Coupons  Listener Approved  MizzMenus

 Identify a viable retail business  Had 1 applicant  Indiependence Boutique 

 Challenges for student entrepreneur  Start-up costs  Staffing  Operating hours

 Five applicants  Novelty – retail store for Chinese goods  Sol2 – solar chargers for iphones and ipods  Flying Panda – custom apparel  Fanifest – social networking platform for scheduling live shows  Utilizing US Bank Scholarship Fund

 Jewelry  Apparel  Handbags  Coffee Mugs  Umbrellas  Sunglasses  Scarves Prices from 1.50 to

 - Great Hours  - Secured a Budget  - Hired Staff  - Rewards Program

 - Marketing/Advertising  - Knowing about events on campus  - Not changing inventory often  - Hired a staff to watch the store  - Not taking advantage of campus resources

 University Center for Innovation & Entrepreneurship  MU Entrepreneurs Club  Student & Auxiliary Marketing Department  Buying Office expertise

 - US Bank Scholarship  - Free Merchant Services  - Press Releases  - Assistance as Requested

 - Student Charge  - Partnership with Business School and Entreprenuerial Club  - Year end presentation  - $6,000 in Retail Shelving

 Program has strong appeal to potential donors  Recent alumni gift - $25,000  Alumni Advisors

 Thank you for your time and consideration when it came to believing in my vision when no one would. Through this I was able to perfect my plan without wasting my life savings! I am ready to be Cahki! Are you?  - Kiarah Ivory  Link to Kiarah Ivory’s Blog:  trails-and-triumphs-what-makes-us-stronger/

Questions?