Almost a month later I still get excited thinking back to Colgate’s Entrepreneur Weekend. From the all star panel, which included the likes of Jessica Alba and Neil Blumenthal, to the demo day that gave students like myself a chance to pitch their businesses in front of hundreds of alumni, eWeekend was an incredible experience. This capstone event marked the end of what was another great year for Colgate’s Thought into Action Entrepreneurship Institute. Since being accepted into the TIA Student Incubator back in September, I have been fortunate enough to get my business off the ground and take part in many of the great opportunities that TIA provides.
My venture is called Echo. Echo is a mobile application that looks at a user’s location and then generates a list of events happening around the user on that day. Since its conception, we have developed the application on multiple platforms, created extensive marketing plans, and have been fortunate enough to secure $15,000 in seed funding from Colgate’s Entrepreneur Fund. I can confidently say however, that none of this would have been possible without TIA. While developing the technology of the app, we were mentored by alums that were founders or cofounders of tech startups themselves. While planning Echo’s business model, we spoke with dozens of TIA mentors who invest in and mentor early stage startups to learn about what often works and what doesn’t. I realized very early on in TIA that a fifteen-minute conversation with someone who has already been in my position can save weeks of time that would otherwise be lost trying to solve a problem that someone else has already encountered and solved.
The unique advantage of TIA compared to entrepreneurship programs at other schools is the level of commitment and success of the mentors who take the time each month to come back to campus and mentor student entrepreneurs. One of the first things I found while starting Echo was that I knew almost nothing about how to build a business. The mentors in TIA have helped bridge the knowledge gap by providing hands on advice for everything from filing legal documents to thinking strategically about how to get the app in front of as many people as possible. I would strongly encourage any Colgate student with an idea for a business or not-for-profit venture to apply to TIA. Don’t let a fear of not knowing the next steps hold you back.
Adam Buys ’17 is a sophomore at Colgate majoring in Mathematics with a minor in either Computer Science or Philosophy. In his free time, Adam is an active member of the Colgate Debate Society. He is currently the president of the team and has won several tournaments including the novice national championship. His business partner is Julian Mazza ’18, a student at the University of Arizona and a Tucson native, also Adam’s hometown.