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Success of Software Entrepreneurs in Pittsburgh. Joe Tomlin Kanika Dua Andreas Rindler Rajiv Saxena Colleen Li Ting Shih Mindy Columbus Chris Lin. Agenda. Profile of an Entrepreneur Catalysts for Success Impediments/encouragements to entrepreneurship in Pittsburgh Growth Path
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Success of Software Entrepreneurs in Pittsburgh Joe Tomlin Kanika Dua Andreas Rindler Rajiv Saxena Colleen Li Ting Shih Mindy Columbus Chris Lin
Agenda • Profile of an Entrepreneur • Catalysts for Success • Impediments/encouragements to entrepreneurship in Pittsburgh • Growth Path • Lessons Learned
Pittsburgh Entrepreneurs Scott Craven cs|enlign Evan Indianer Indianer Computer Corp. Thomas Emerson Donald H. Jones Center for Entrepreneurship Henry Thorne Aethon, Inc.
What makes an entrepreneur? • Live and breathe work • Willingness to embrace risk • Constant Change/Improvement • Burning desire to excel • Courage, persistence • Common sense business decisions
What were the catalysts for success? • Real customers, real needs • Be the first to do it • Universal solution • Business Team
Impediments to business in Pittsburgh • Parochial Atmosphere • Unfavorable tax structure • Retaining talent
Encouragements for business in Pittsburgh • Parochial Atmosphere (yes, it’s both!) • Unique initiatives • Abundance of talent and technical expertise
Growth • Networking • Word of mouth • Good support structure • Attention to profit & loss “If you’re not growing, you’re dying” – Evan Indianer
Lessons Learned • Not everyone is an entrepreneur • Manage variability and achieve cost-savings by contracting • Technology is a tool, focus on the customer • Listen to your environment
Don’t think that if you have a great idea, you are entitled to have a great business” – Henry Thorne Q & A