Announcing a NEW Competition for All Schools with a Sigma Nu Tau Chapter!
We are pleased to announce a new competition this spring that is open to all chartered Sigma Nu Tau Chapters---The 2016 Sigma Nu Tau Video Pitch Competition! This competition will be a "best of the best" competition, and all Sigma Nu Tau chapters will be allowed to submit one 2-3 minute video! Here are some of the details:
- Purposes: (1) to recognize students' entrepreneurial successes in business plan or other entrepreneurial competitions, (2) to high- light the learning process that takes place when students participate in these competitions, (3) to feature students' entrepreneurial talents, and (4) to promote the chapters'/schools' supportive atmosphere for developing great entrepreneurs.
- Who is eligible? (1) All Sigma Nu Tau Chapters may submit one 2-3 minute video entry, (2) students/teams participating in the video must have won a prize in a business plan or other entrepreneurial competition, (3) students do not have to be Sigma Nu Tau members to participate, and (4) students from more than one winning team may participate in the video.
- What can you win? The top 3 Sigma Nu Tau chapter entries will win "Best Video Pitch Awards" of $750, $500, and $250, and their videos will be featured on the Sigma Nu Tau website for one year. The awards will be paid to the schools' foundations, and the chapters can decide how to spend their winnings. Three Sigma Nu Tau Chapters will win 4th, 5th, and 6th place "Honorable Mention Awards" and will win $100, $75, and $50 worth of Sigma Nu Tau merchandise credit.
- Deadline for entries: Entry forms can be emailed to SigmaNuTauEntHonorSociety@gmail.com, and videos should be uploaded to the Ideator.com platform no later than 11:59 pm on May 15, 2016.
- Promotional materials will be mailed to all Sigma Nu Tau chapters by the end of March 2016.
Interested in Starting a Sigma Nu Tau Chapter at your school?
Would your university like to be the first in your state or region to establish a Sigma Nu Tau chapter on your campus? You will gain a competitive advantage by being able to offer special programs and awards to your students!
If you would like to establish a chapter at your university so that you can recognize outstanding students, faculty members, entrepreneurs, and honorary members, please visit our website (SigmaNuTau.org) and check out our Facebook page to learn more about the process. Or give me a call to discuss it!
Wishing you all a happy spring!
Nancy J. Church, Ph.D.
President and Executive Director
Sigma Nu Tau Entrepreneurship Honor Society
P.S. Does your school have any news that you would like us to include in the next issue of our e-newsletter? If so, please send it to me at firstname.lastname@example.org or SigmaNuTauEntHonorSociety@ gmail.com or post your news on the Sigma Nu Tau Facebook page!
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Current Entrepreneurship Articles of Interest
"Find Your Launch City
(It's not all about the money)"
Deciding where to launch your startup is no easy feat. INC Magazine examined factors which would impact that decision, like rent and taxes, in eight different cities to help entrepreneurs like you evaluate your options. Ted D. Zoller, director of University of North Carolina Chapel Hill's Center for Entrepreneurial Studies at Kenan-Flagler Business School, separated these cities into three categories on "the basis of their entrepreneurial ecosystems-organic and mature, entrepreneur-led, and nascent and developing. Here is what he found:
Organic and mature
: New York + San Francisco- Zoller thinks San Francisco is the best city for a startup given its density of high-growth companies, access to capital, and depth of talent. It does however have a high cost of living.
: Omaha + Denver + Las Vegas- These cities are a good choice if you're looking to plug into a well-connected startup community, build strategic partnerships with other business owners and avoid battles for local resources like funding and staff.
Nascent and Developing
: Detroit + Nashville + Miami- Zoller says each of these cities offers a cost-effective location for building a brand and lacks the relentless competition for talent that is common in larger, more mature communities. These cities offer low costs and room to expand.
INC. Magazine, February 2015, Pg. 24
"How to Make the Quantum Jump From
Dreamer to Entrepreneurial Great in 2016"
In business, a quantum jump is one that is significantly noticeable on a growth chart, the kind of jump conservatives don't plan for but only dream of. In order to make bolder moves in 2016, keep these eight things in mind:
- Take calculated risks in investing to increase potential. This isn't to say diving into uncharted territory is a calculated risk, but you must first slowly push the envelope, then dive in once you've done your homework.
- Have a plan that will propel you into success with explosive growth. Developing a strong strategy will help you visualize success and prepare for challenges allowing you to focus on your path toward success.
- Grow Personally in order to mentally handle the added responsibility and stress of success. Your team will only be as strong as you are so make sure to increase your skill set before expanding your organization.
- The entire team must be on board with fast growth in order to prevent negative influence over the rest of the team and erode overall confidence. Everyone doesn't have to be as confident as you are, but it is important that everyone is on the same page by discussing the growth plan and strategy with your leaders, find out what scares them and talk it through.
- Narrow your focus on your goals. The more focused you are on that quantum jump, the more likely you will have a multitude of ideas that can impact your business. Remember that this will sacrifice other opportunities - something even the biggest companies do. Just ask yourself: "What one or two initiatives will make the greatest impact? Does it fit my business?"
- Don't be limited by last year's results. Upward and downward spikes are normal because revenue and growth charts don't always follow a smooth trajectory. Ignore the world that tells you that you aren't ready. if you feel the time is right, then jump.
- Remember that momentum takes time to build. Prepare yourself mentally now for setbacks and adversaries that are inevitably going to cross your plan.
- Accept that timing will never feel perfect; "A good plan today is better than a perfect plan tomorrow." What separates the dreamers from the entrepreneurial greats is tenacity, resolve, adaptability and inner strength.
Chief Operating Officer of N2 Publishing
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Mission of Sigma Nu Tau:
"To promote, recognize, honor, and reward academic excellence in entrepreneurship and to encourage and recognize the practice of principled entrepreneurship"
4 Types of Membership:
Sigma Nu Tau Chapters
#1 - SUNY Plattsburgh
#2 - Kent State University
#3 -Belmont University
#4 - California State University-San Bernardino
#5 - Clarkson University
#6 -High Point University
#7 - Claflin University
#8 -Suffolk University
#9 - Middle Tennessee State University
#10 - Baruch College
#11 - John F. Kennedy University
#12 - Rowan University
#13 - Illinois Institute of Technology
#14 - University of Baltimore
#15 - New York Institute of Technology
#16 - The George Washington University
#17 - Husson University
#18 - York College of Pennsylvania
#19 - University of Iowa
#20 - North Central College - coming soon
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If You Are an Efficiency Fanatic, Try
the Workflow APP
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Sign Up to receive our newsletter and mailings.
Here's a quick and fun way to enrich your business knowledge: streaming documentaries on Netflix.
The online movie and TV service has a vast cache of business and tech documentaries that anyone with a subscription can watch instantly. The topics range from profiles of great tech innovators like Steve Jobs to deep dives into industrial design
5 Risks Every Entrepreneur Will Need to Take:
1. Losing the steady day job
2. Tying up personal finances
3. Betting on a central idea
4. Predicting behaviors/outcomes
5. Trusting your partners
"5 Risks Every Entrepreneur Will need to Take"
[December 16, 2015
10 Business Lessons Learned from Studying Your Competition:
7. Product development
2. Online marketing
4. Customer engagement
5. Brand management
6. User experience
8. Social media
10. Company culture
"10 Business Lessons I Learned Studying My Competition" John Rampton
Entrepreneur and Connector
[December 29, 2015
"Build your dreams, or someone else will hire you to build theirs."
While you're there,
we hope you will become a fan and "Like us!" It is chock full of great quotes about entrepreneurs and entrepreneurship as well as photos from our newest chapters! Why not add a photo or two from your chapter?
Follow us on Twitter, and learn more about entrepreneurship.
Visit Our Website
Our streamlined website offers easy-to-find honor society forms and introductory information pages. The website now has a Chapter Directory page, a map of where our chapters are located, and step-by-step instructions for petitioning to establish a collegiate chapter of Sigma Nu Tau Entrepreneurship Honor Society at your college or university.
Visit sigmanutau.org today
and see it for yourself!
To obtain materials to petition to start a chapter at your university & for more information about Sigma Nu Tau's mission, constitution, bylaws, or general information on the benefits of starting a chapter,
Leadership Campaign Donors
Mrs. Diane R. Carroll
Mr. Richard Chase III
Dr. Nancy J. Church
Dr. James Csipak
Dr. Richard Gottschall
Dr. Lise Heroux
Mr. Mark Kaiser
Dr. Augustine Lado
Mr. Rick Leibowitz
Ms. Karen Stehlin
Ms. Rebecca Van Auken
Mr. Fiorenzo Villani
Coming Up in
Next Month's E-Newsletter
our new chapter referral incentive
Planning to buy anything from Amazon? Please shop
and designate Sigma Nu Tau Entrepreneurship Honor Society as your target charity. It won't cost you more, and Amazon will donate .5% of your purchase to Sigma Nu Tau! Your kind act will help support our student programs!