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Almost 100 students turned out for our first class – and they are impressive!

Holy smokes! I walked into class today expecting to see 50 students and there were almost 100! The room was packed and it was standing room only.

I was really impressed with the students I met and the 60 second pitches they gave. This class is smart, funny, articulate and very passionate about the class. I’m looking forward to seeing the teams that form and the companies that are created.

What starts here CHANGES THE WORLD!

Don’t miss speed dating – Friday and Monday 4-6pm

Great class today. The 1SS team had a blast hearing the student and mentor stories. For our first events, we’re doing a “speed dating” event that will help match students with teams with mentors. How it works: Teams that are recruiting will have a seat at one of the tables, and unmatched students and mentors will rotate around the tables every few minutes on a timer to meet everyone.

BEFORE THE EVENT you should review the list of teams, unmatched students, and mentors so that you know who you are looking to meet! Also look at the Facebook event to see who is coming.

Friday, August 26th, 4-6 PM
SZB 278 and SZB 296 @ University of Texas
http://www.facebook.com/event.php?eid=259547254064038

Monday, August 29th, 4-6 PM
SZB 416 and 422 @ University of Texas
http://www.facebook.com/event.php?eid=253610307994657

Where is SZB? Map to building.

Remember that students will need to be on a team by September 1st. Looking forward to seeing you tomorrow and Monday.

Who do we want to apply?

We’re flexible. This is the first year and we’re not sure who is going to apply. Here is an idea what we’re looking for.

The IDEAL applicant is a balanced team of senior Longhorns and an advising professor, all intent on starting their own company based on a major technological breakthrough that promises to change the world.

  • You really want to start a company, this isn’t just a learning experience
  • Your team has all of the core skills required for this business
  • You already have built a minimum viable product
  • You are thinking about angel funding or venture capital
  • You are going to work harder than most other students
  • You value mentorship and are open-minded

We’ll probably need to make exceptions. It’s unlikely that every team will be IDEAL.

  • Your team might be composed of non-senior undergraduate students, some grad students, or even some people who aren’t affiliated with the university at all.
  • You might not have any faculty involvement
  • Your team might not be complete. You might recruit other applicants to the class to join your team for the semester.
  • You might not have a team, but are interested in entrepreneurship and are willing to join another team for the semester.
  • You might be a profession with technology that you would like to see students build a business around.
  • You might not have a technology idea – maybe it’s in some other market or discipline.

Starting your own company is a great way to change the world

You’ve heard how Steve Jobs changed the world with his insanely great products from Apple Computer.  More examples: James Truchard changed the world with National Instruments, Bill Gates with Microsoft, John Mackey with Whole Foods Market, Michael Dell with Dell, and Mark Zuckerberg with Facebook.

All these founders and their teams are still changing the world, with impacts measured into the millions of jobs and billions of dollars.  Three of these entrepreneurs are still running their companies in Austin.  One started his $10B company in a dorm room at UTAustin; another started his $10B company after dropping out of UT; and the third got a PhD here before starting his $1B company.

If you think you might like to follow in their footsteps, please look into http://1SemesterStartup.com, a new practicum course being designed to accelerate your startup for degree credit. The course will have professors, speakers, mentors, teaching assistants, and entrepreneurial teams, all focused on your learning how to use the machinery of free enterprise.

The three 1SS instructors – Johnny Butler, Joshua Baer, and Bob Metcalfe – are flexible, just ask, but are aiming to support well-rounded teams of undergraduates already starting companies.  Seniors would be good, because then you wouldn’t have to drop out of UT to grow your company if it takes off next year.

It’s hard to know what you will find most valuable in the practicum — probably the startup savvy mentors we’re recruiting, or maybe other students.  Anyway, if you think you might be interested in starting a company, let us know through http://1SemesterStartup.com.

Follow our progress on Twitter: @1SemStartup.

 

Announcing 1 Semester Startup Fall 2011 at University of Texas!

Instructors:
Joshua Baer – Specialist of Computer Science
John Butler – Director of H.K. Entrepreneurship Center, Professor
Bob Metcalfe – Professor of Innovation and Murchison Fellow of Free Enterprise

Do you dream of starting your own company? Here’s a chance to experience entrepreneurship first-hand, learning from some of the most successful entrepreneurs in Austin. Students will form interdisciplinary teams to start companies, assisted with a semester-long program of startup acceleration: speakers, mentors, and supervised project work. Mentors will be exceptional people who have successfully started one or more companies and are now committed to working with you. Enrollment is limited and requires approval of the instructors. Some prep work will be required before the semester begins. This is an amazing opportunity – don’t miss it.

Watch this website for more information and follow us on Twitter @1SemStartup