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Entrepreneurship: its hurdles and rewards Kurt Lange, Minn. ‘90 Co-founder of U.S. Internet 12 March 2012.

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Presentation on theme: "Entrepreneurship: its hurdles and rewards Kurt Lange, Minn. ‘90 Co-founder of U.S. Internet 12 March 2012."— Presentation transcript:

1 Entrepreneurship: its hurdles and rewards Kurt Lange, Minn. ‘90 Co-founder of U.S. Internet 12 March 2012

2 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.

3 So what did I accomplish as an entrepreneur after leaving the University?

4 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

5 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

6 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.

7 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.

8 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?

9 Questions? Connect with Brother Lange online on LinkedIn

10 Thank You! Kurt Lange, Minn. ‘90 Co-founder of U.S. Internet 12 March 2012


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