The McCombs School of Business, ranked #6 for entrepreneurship by U.S. News & World Report, offers many unique resources in one of America’s most innovative cities to prepare students for new business ventures. Many Texas MBA alumni have gone on to run successful startups not only here in Austin, but across the country. Check out some of the companies our awesome alumni have started as we gear up for Austin Start Up Week on October 3, 2016.
Sock Club: Noah Lee, MBA ’16
Sock Club offers a monthly sock subscription and customizable sock designs, with delivery straight to your door.
- Founded: 2012
- Advice to current students: Half the battle is getting started. You will never know if the idea will succeed unless you try it.
- Favorite part of current position: Every day brings a new challenge.
- Biggest challenge as an entrepreneur: Finding the time to get everything done and finding good help.
- How did you and your partner Dane come up with the idea for Sock Club? We read a Forbes article on a subscription sock company that shipped black Italian dress socks, we liked the idea of a reoccurring revenue model, and thought it would be better to do it with colorful socks. Away we went.
- How did McCombs and the Texas MBA Program help you in running your business? Running a new company requires managing your mistakes and opportunities, and is impacted by how effectively you can react to the results of your economic activity. The Texas MBA Program didn’t necessarily teach me how to do things. It taught me how to think about things and make decisions.
Nicely Noted: Perry Nelson, MBA ’10
A stationery subscription service that delivers a curated collection of letterpress cards and stamps to your mailbox every month.
- Founded: 2011
- Advice to current MBAs: Take risks while you have the safety net of being in school. You have unique access to almost anyone in the business community by approaching them as a student; take advantage of it.
- Favorite part of current position: Wearing many hats! Every day is different, and the challenges run the gamut from working with developers, training interns, and pitching press for editorial coverage to assembling the monthly mailing, and more.
- Biggest challenge as a business owner: Prioritizing and keeping the core value proposition at the forefront of all your efforts.
Beatbox Beverages: Aimy Steadman, Justin Fenchel, Dan Singer, & Jason Schieck, MBA ’13
A ready-to-drink mixed alcohol beverage, prepared in Austin.
- Founded: 2011
- Advice to current MBA students: Take a chance — you have two years to explore what you really want to do. Try not to get caught up in the chaos of who has a job and who doesn’t. Take the time to find out what you really want to do because you’ll never have a better opportunity.
- Favorite part of current position: Working doesn’t feel like work.
- Biggest challenge as an entrepreneur: Stress and fear from starting a business in an industry that we effectively have no experience in.
You’re Invited to McCombs Entrepreneurship Night!
Smart People. Big Ideas. New Connections.
What happens when you combine Austin Startup Week with McCombs’ renowned faculty, world class students and alumni, and Austin’s hottest tech startups? McCombs Entrepreneurship Night!
Come meet successful McCombs entrepreneurs from the Texas MBA and Texas MSTC programs showcasing their startups. You’ll have the opportunity to network with current students, alumni and local entrepreneurs from the growing Austin Startup scene. Join us for discovery, a great time, and complimentary food & drinks.
Meet Us During the ATX Startup Crawl!
The ATX Startup Crawl is a celebration of technology and entrepreneurship in Austin! The Texas MBA Program will be present during the event to answer answer questions and share with you how an MBA degree from The University of Texas at Austin can help you increase your potential and jump start your career.
RSVP today to grab your spot to network with more than 90+ Austin startups and don’t forget to stop by our booth!
Thursday October 6, 2016 5:00pm – 10:00pm
800 Congress Ave, Austin TX 78701
Check out more startups started by McCombs alums: http://www.today.mccombs.utexas.edu/2013/12/mccombs-alumni-product-guide