Rock Chalk hustle: KU launches ‘Startup Jayhawk’ event series to demystify entrepreneurship

April 18, 2023  |  Matthew Gwin

Josh Lorg, J Thomas Home; KU alum and reverse pitch subject at Startup Jayhawk

Editor’s note: The University of Kansas’ School of Business is a partner of Startland News.

LAWRENCE — A three-day startup event series at the University of Kansas is expected to help shine a spotlight on student entrepreneurship and innovation, said Brian Anderson, noting an intentional effort by KU’s School of Business to make startup life more accessible — especially for those who can’t yet see themselves as founders.

Startup Jayhawk is set for April 25-27, featuring two programming sessions each day — including a student-led fireside chat, a side hustle panel discussion, and a reverse pitch competition where students will compete for $5,000 in scholarships.

The debut event series is all about acknowledging accomplishments and elevating what’s possible, emphasized Anderson, professor of entrepreneurship and management and entrepreneurship area director for KU’s School of Business.

Brian Anderson, University of Kansas School of Business

“This notion of celebration was really important to us,” he said. “We wanted to create a space where students can engage with each other and engage with KU’s entrepreneurship ecosystem in a way that lowers barriers, that lowers friction, and — in a lot of ways — demystifies the entrepreneurship process.”

Click here to view a full schedule and description of each Startup Jayhawk event, including a keynote session with Jeni Britton, founder and chief creative officer of Jeni’s Splendid Ice Creams.

Among its goals, Startup Jayhawk aims to create opportunities for students to build meaningful connections with professionals from a diverse range of industries and backgrounds, Anderson said.

“Everything that we do is centered around student opportunity and creating value for students,” he said. “So for Startup Jayhawk, it’s a way for students to see what is available … and really be able to make connections.”

Those relationships can be valuable when students meet an entrepreneur or business founder whose personal background relates to their own, Anderson added.

Kansas City founders Juaquan Herron, Venboo; India Wells-Carter, Fresh Factor; and Sam Kulikov, KC Pioneers; participate in a panel conversation during Startland News and the KU School of Business’ entrepreneurial lunch and learn series; photo by Austin Barnes, Startland News

“[That’s true] particularly for students who are coming from very different life perspectives, being able to make connections with entrepreneurs who they can identify with, who allow them to imagine new possibilities, [is valuable] because they made a connection with somebody who is coming from a similar life experience and can be a role model or a mentor,” he said.

KU’s School of Business also partnered with Startland News this spring for a separate “entrepreneurial lunch and learn” series that brought Kansas City startup founders to campus to provide students with real-world experiences and stories — from conversations on funding and market validation to entrepreneurs detailing how they went from working in someone else’s startup to founding their own.

The final session in the five-part event series wraps this week.

Embracing the challenge

The reverse pitch competition at Startup Jayhawk will provide students with a tangible opportunity to make an immediate impact on an existing business. At least eight teams of students are expected to propose a product idea to J Thomas Home, an Olathe business that makes custom handmade floating shelves.

Ryan Rains, University of Kansas School of Business

The top four teams will collect a piece of $5,000 in scholarship money, and may even have their products adopted by J Thomas Home, according to Ryan Rains, director of entrepreneurship co-curricular programs for KU’s School of Business.

“Rather than students needing to come up with the problem as the entrepreneur and try to find a market, we’re bringing the market to them and saying, ‘Here’s the problem they’re facing. What ideas and recommendations do you have?’” Rains said.

The challenge targets easy student engagement, Anderson added, noting that students should be able to participate even without having a deep understanding of cabinetry.

“It’s a fun problem,” Anderson said. “It’s meant to be a way for students to engage in problem solving and ideation without having a lot of technical understanding of how to make a cabinet or how to make a shelf.”

The KU School of Business aims to cultivate an environment that encourages students to try new things and remove the fear of failure, Rains said.

“I think one of the huge benefits is that we’re actually creating a space, and then we’re setting up structure, not pressure,” he said. “We’re creating communities for students to try.”

That safe environment, when paired with steady support and mentorship from faculty at the business school as well as industry leaders, leads to accountability and — ultimately — learning, Rains added.

“It’s different than going online and finding a video and then trying by yourself,” Rains said. “That’s hard to do sometimes, but in these experiential learning spaces with others, by having weekly check-ins, there’s sort of a built-in accountability.”

“You don’t have to start a business,” he continued. “That’s not the ultimate goal. It’s about trying and learning. By being a part of something with other students, there’s more internal communal motivation to try something and learn.”

Capitol Federal Hall, University of Kansas School of Business; interior rendering courtesy of the University of Kansas

You can do this; you can do it now

Now in its first year, Startup Jayhawk is envisioned as an annual event, Anderson said, and serves as a culmination of the School of Business’ efforts to reimagine and reinvest in entrepreneurship.

“This past year, we’ve really taken a deep dive into our programs and specific courses, and really looked for ways to create more opportunities for students to engage, lower barriers to engagement, and open up our programs to students across campus,” Anderson said. 

Part of that reimagining focuses on catering programming to students who may not yet envision themselves as entrepreneurs, or may not have interest in technology, Anderson said.

Capitol Federal Hall, University of Kansas School of Business; photo by Tommy Felts, Startland News

He categorized students into three groups: “now” entrepreneurs, who already have side hustles and entrepreneurial ideas; “later” entrepreneurs, who have interest down the road; and “serendipitous” entrepreneurs, who can’t yet imagine themselves as entrepreneurs.

“When you think about the University of Kansas, the later entrepreneurs and the serendipitous entrepreneurs are by far the largest group on campus,” Anderson said. “For most of them, their interests are going to extend well beyond technology. … We wanted to address this other population of students where technology may not be part of the equation and maybe that dream right now doesn’t exist more than a side hustle.”

All in all, KU’s School of Business hopes Startup Jayhawk and similar events will offer students a chance to begin imagining their own entrepreneurial journey — and realize they can make an impact sooner than later, Anderson said.

“We’re going to help you take the first step,” he said. “It might seem a little scary, but there’s never been a time in history where the barrier to being an entrepreneur has been lower. There’s still risk; there’s still uncertainty; but what we’re hoping to communicate to students is, ‘You can do this, and you have support.’”

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , , ,
Featured Business
    Featured Founder

      2023 Startups to Watch

        stats here

        Related Posts on Startland News

        Google Fiber hops to new, pricier plans for businesses

        By Tommy Felts | July 12, 2016

        All good things — or in this case inexpensive things — must come to an end. Google Fiber will soon nix early-access pricing for its gigabit business service and will more than double its costs for new customers in August. Google Fiber — which first arrived in Kansas City in 2012 with residential service —…

        Amazon to bring 1,000 jobs, huge facility to KCK

        By Tommy Felts | July 11, 2016

        Online retail giant Amazon will open a massive new facility in Kansas City, Kan. The Seattle-based company announced Monday that it will create more than 1,000 full-time jobs and construct an 855,000-square-foot fulfillment facility near the Turner Diagonal on I-70 in Kansas City, Kan. “These aren’t just any jobs. They are the best entry-level jobs our…

        equity funding

        Survey: KC is sticky for startups with equity funding

        By Tommy Felts | July 11, 2016

        A majority of Kansas City startups choose to maintain their hometown roots after they raise capital — even when the funds come from outside investors, a recent survey found. Of the companies that raised money in 2013 and 2014, 74 percent of them are still active and headquartered in the City of Fountains, according to…

        A marriage of Mr. K’s passions, ‘E Day at the K’ returns July 19

        By Tommy Felts | July 8, 2016

        To say one of Kansas City’s greatest entrepreneurs — Ewing Marion Kauffman — loved baseball would be an understatement. The founder of Marion Laboratories Inc., Kauffman purchased the Royals in 1968 to bring America’s pastime to his beloved hometown, Kansas City. Along with boosting civic pride, the Royals became a model franchise, employing “moneyball” statistical…