Entrepreneurial Summit 2015 – Learning from Failure

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Experience, strength and an increased probability of success – all are considered positive outcomes of failure. That is why, on April 14, 2015, we have decided to make learning from failure the focus of our annual Entrepreneurial Summit, “Learning from Failure to Focus on our Future.”

Failure is inevitable. Many times it is out of our control. Dan Pallotta, in his Ted Talks video asserts, “Where failure is prohibited, innovation is prohibited.” We can learn from missteps by understanding them, and subsequently, recovering. Frightening statistics concerning failure for business startups circulate the Internet and it is the mission of the Summit Committee to do everything we can to turn the fear of failure to knowledge and the knowledge gained to success.

According to Small Business Trends, “The typical new business started in the United States is no longer in operation five years after being founded.” The mission of this Summit is to enlighten participants of pitfalls, yet embrace lessons learned to increase business success in Moore County.

Partnering to bring you the free Summit are: Moore County Chamber, Partners in Progress, UNC-Pembroke and Sandhills Community College Small Business Center. First Bank will provide lunch.

Dr. John Dempsey and Dr. Mary Logan will conduct a question and answer session on the topic of failure, more specifically, small business failure. Dr. Logan has conducted comprehensive research on the subject and is anxious to share her findings with us. She recently retired as Senior Visiting Fellow in the Department of Management at the London School of Economics (LSE).  From 2008 to 2014 she served as the Academic Dean of the TRIUM global EMBA.  Previously, she was a Senior Lecturer in organizational behavior and still serves as a visiting professor for the LSE.

Also presenting is Jason R. Owens. Owens is both a researcher and public speaker who focuses on small business owners, solopreneurs and contract sales workers. From his collection of stories from business owners in their first few years of business, he will enlighten attendees on mistakes made and how to turn those mistakes into lessons learned and future good fortune.

Other speakers slated are Hunter Young, A Banker’s Perspective and Kathy Byron, The Business of Food. Panel discussion moderated by Ted Natt will include advice from local experts, Lora Gisler, Marilyn Neely, Sven Schaefer, Dwight Threet and Tom Zaleski.

Registration will begin at 8:30 am with sessions beginning at 9 am. All sessions will be held in Van Dusen Hall 102 and 103 and lunch will be provided. The day will conclude at 3 pm. The entire day is free of charge. Registration for the event can be found at http://www.sandhills.edu/sbc. For more information, contact Lori Williams at 910-695-3938 or williamslo@sandhills.edu.


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