Big Business Development in a Small Town
Friday, September 18, 2009
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Posted by: Matthew Montoya
By Cristobal
Valdez
Provost,
Detroit Lakes Campus
Minnesota
State Community and Technical College, Detroit Lakes, MN
"Building
with Support” is the second article in a series of four chronicling the
development of the M State, Business and Entrepreneurial Services (BES) in the
rural community of Detroit Lakes, Minnesota. The vision of the BES is to develop
and strengthen entrepreneurial services in west-central Minnesota. Following
the development of a solid Core Group in the BES, we sought to recruit and
develop an engaged advisory board to provide guidance, vision, and expertise.
Recruiting:
Zero to 18 in Six Months
In the
last article, we discussed the importance of developing a foundational Core
Group. While this group lends direction and oversight, we understood the need
for an experienced and engaged advisory board. To be true to the entrepreneurial
spirit, we needed to recruit successful entrepreneurs. In this endeavor, we did
not limit ourselves to local resources and found that the people we invited
were not only willing, but excited, to contribute to continued innovation and
entrepreneurship in the region. Additionally, we recruited current business
leaders in the community from these areas:
•
Financial Services
•
Technology and Communications
•
Business Management
• Media
and Promotions
We
recruited educational partners from the K-12 and university systems and placed
an emphasis on economic development professionals; we enlisted representatives
from the following:
• City:
City of
Detroit Lakes
City of
Frazee
• County
• Region:
Detroit
Lakes Regional Chamber
of Commerce
West
Central Initiative
West
Central Small Business
Development Center
• State:
Minnesota
WorkForce Center
Department
of Employment and
Economic Development
• Tribal:
White
Earth Reservation
Invested
Experience
The
accumulation of experience assembled in this advisory board has proven
extremely beneficial for our endeavors. The entrepreneurs on the board
represent the food preparation, manufacturing, marketing, media, office
products, service, technology, and transportation sectors of employment.
Collectively, they represent over 60 years of successful business development;
they also have experienced a few professional failures, which also provide
insights for BES customers.
Diversity
by Design
We
intentionally recruited a cross-section of economic developers, entrepreneurs,
banking and lending professionals, manufacturers, marketing researchers, and
business/community leaders. Still, the diversity of perspective and orientation
provided some ideological challenges. We sought to build a strong team by
actively engaging the individuals in board meetings, providing board training,
and familiarizing board members with the BES Services.
We found
the following experiences quickly developed a high functioning team, willing to
provide diverse perspectives while working towards a like goal:
• Give
Meaningful Assignments:
Each
advisory board member is extremely active in their business, vocation or employment. Still, we knew they had a burning passion to
further business development in the area. The entire concept of "giving
back” to the community and the willingness to mentor, advise, and assist in the creation of new entrepreneurs was almost overwhelming. We found that if we gave members important, meaningful work, they attacked it with vigor.
•
Creation of Communication
Modalities:
−
Internal Listserv
−
Development of a Wiki
−
Academic Program Orientations
− Board
member office/site visits
from staff
•
Continual Planning and Development:
We have a
continuous model of developing new services ideas, and initiatives. This summer we are establishing summer camps for high school juniors and seniors, and in the fall we will open the doors to six incubator spaces. Also this fall in conjunction with two local city governments, we will begin a Community Based Entrepreneurship planning
process.
•
Development of Sub-committees:
−
Promotion and Public Relations
− Angel
Network development
−
Business Incubator
−
Two-year Entrepreneurship Business Plan Competition
−
Post-Secondary Relations
− K-12
Relations
−
Research and Development
It is
important to note that each sub-committee is co-chaired by a board member and a
staff person from the Core Group. We appreciate that our board members are busy
professionals, and we look to balance their valuable time with their
willingness to actively engage in our efforts.
Committed
to Excellence
In the
previous article, we discussed our commitment to succeed. We have found that
our advisory board members insisted on this. Again, we have recruited highly
successful individuals and extremely committed business professionals. I am
convinced that if we do not maintain a high level of commitment and outcomes,
we will not be able to retain the current board in the game. Our initial intent
was to develop a group that we could mold into a great group. We have
discovered that, they in turn, have moved us to another level.
For more
information about Business & Entrepreneurial Services of M State, contact
Cristobal "Cris” Valdez at (218) 846-3778 or via email at
cris.valdez@minnesota.edu.
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