I joined the McCombs Business School at the University of Texas at Austin as Entrepreneur-in-Residence this past semester. I kicked it off with a speech to the entering MBA class about the top-ten lessons I wished someone had taught me when I was beginning my MBA. I have very much enjoyed my first semester in this capacity and the entrepreneurial energy on campus is really fantastic. There is no doubt a huge trend towards entrepreneurship at most top-ranked universities and U.T. Austin is leading the way in one of the most entrepreneurial cities and states in our nation. Consider that Texas has created 70% of the new jobs in the U.S. since 2005, as reported by BBVA Compass, and you start to tune in a bit more into what is happening here. Compared to when I attended U.T. Austin from 1990-1994, where entrepreneurship was hard to find, every major college at U.T. now has its own entrepreneurial club and initiatives. In my Office Hours, I have met with over a hundred students who have either launched their own business while at the University or they are actively planning on doing that at some early point in their career (I didn't become an entrepreneur myself until I was 24 and beginning my MBA, so I tell them I was a "late bloomer").
Well, what a week it has been. Speaking of my last Lucky7 post on entrepreneurship being all about the journey, this week has been a one giant leap for Austin mankind (and womenkind, of course).
First, the week started out with an amazing Austin City Limits taping with the band Phoenix playing. Debra and I are annual donors to KLRU and attend these tapings regularly. Debra was out of town for this one, though, and I took Garrett Eastham, co-founder and CEO of Compare Metrics, a company that I proudly serve as their independent Chairman of the Board of Directors. You'll be hearing a lot about this company soon (it is currently in mostly stealth mode, taking a page out of my book - see my Lucky7 post on the weighing whether to be stealthy or not), and I'm having a blast working with them. Here is a photo of Garrett and I at the show. Phoenix was one of the best tapings I've seen - right up there with Pearl Jam, Arcade Fire, and The Lumineers.