Imposter Syndrome

By: Catherine Morgan, MSTC Class of 2020

Let me start off by saying I’m an off-the-charts extrovert who has very few qualms with “putting herself out there” in most capacities. I enjoy things like improv acting, leading presentations, and even networking – activities that often provoke wild anxiety for some. I’m a newly-twenty-six-year-old who’s incredibly lucky to say that she’s had a substantially accelerated career path to her current dream job at a fantastic company involving learning, doing, and being responsible for things arguably much earlier than most. Despite the extroversion, confidence, and professional experience I’ve worked so hard to hone, I found myself in literal tears on the way to my first day of grad school (seriously, I can’t believe I made it safely down I-35 in retrospect).

Imposter Syndrome is so real. A Harvard Business Review article defines it as “a collection of feelings of inadequacy that persist despite evident success.” I remember opening my acceptance letter to the MSTC Program with such elation; however, soon after all of the “I got in!” texts were sent and phone calls were made, the nerves started to settle in. In the MSTC Class of 2020, 38% held previous graduate degrees, 52% were already entrepreneurs, and almost 73% were male – I fit into none of those percentages. Not to mention, I was exactly a decade younger than the class average and I looked even younger according to the number of times I get asked for my ID in exchange for cocktails.

Compared to everyone else, I felt and looked like this neophyte-child who would be so lost in MSTC’s rigorous academic setting. Flashbacks of seeing the big, fat “44%” grade at the top of my undergrad “Intro to Accounting” final exam from six years prior was constantly nagging at me. The MSTC curriculum – which includes an Accounting course – is based on collaborative work within small, assigned teams and I sincerely struggled to see what value I could possibly bring the handful of students that would ultimately get strapped with me as their teammate. For the first time in a long time, I experienced the debilitating weight of Imposter Syndrome that led me to believe my acceptance was an absolute mistake and the thought of showing up to class was an even bigger one.

Despite the irrational fears and tears, Day One arrived and I did show up (I mean, I had already forked over the deposit). I quietly walked up to the check-in table where I half-expected my name to have an asterisk next to it for someone to pull me aside and say my enrollment was a farce. To my surprise, my name was there – sans asterisk – and I was even given a swag bag and snacks like the rest. I moseyed over to sit with my team of all dudes, trying so hard to give off an “I totally didn’t just cry on the way over here” vibe. Dr. Murphy opened our session by having us write down what was going through our heads, realize everyone’s contributions were related to the same social anxieties, and commit ourselves to putting those thoughts on a back-burner for the week; I could feel Imposter Syndrome’s tight grip on me begin to release. I met my team; we talked about all of our individual strengths, weaknesses, areas in which we sought to improve, and overall expectations and goals for the program. I was so thankful to realize that my strengths were all areas that the dudes surfaced as their weaknesses; starting to believe I might actually generate value for this group, I felt even less of an “Imposter.”

Fast forward almost ten months: my team, Task Force Awesome, is still completely in-tact (we even gained a strong teammate after the first semester) and thriving as both a unit and individual students. Task Force Awesome is a consistently high-performing team that has relentlessly worked to build and improve skills with our pitches, proposals, and forecasting; and, for those keeping score, I actually more-than-doubled my performance in MSTC Accounting compared to that of my undergrad (see, there’s hope!), and took ownership of many substantial team deliverables. Beyond Task Force Awesome (and most importantly), I feel that our entire Class of 2020 personally knows the value that each student individually brings to the MSTC Program. We’ve spent every-other weekend together for almost a year; we attend community events and internationally traveled together; most pivotally, we’ve been our most vulnerable selves with each other since Day One with Dr. Murphy. The time we’ve dedicated, discussions in which we’ve engaged, and implicit commitment to transparency and vulnerability have all contributed to creating an approachable environment where everyone recognizes their individual value, other students’ value, and opportunities to capitalize and expand on both.

The MSTC Class of 2020 is so many things; Gen-X and millennial representative, extroverted, introverted, technical and non-, we have fashion designers, salespeople, product managers, military leaders, attorneys – we even have at least one Aggie amongst our crew. What I can tell you we don’t have: Imposters. Everyone has and knows their respective purpose for being here, including my improv-acting, demographically-self-conscious, and terrible-at-undergrad-Accounting self. So, if you find yourself on the way to an anxiety-provoking activity like a presentation, networking event, or even your first day of MSTC, and are experiencing symptoms of Imposter Syndrome – you’re likely right at home with the rest of us “Imposters” who learned to be vulnerable and valuable, together.

From the Military to MSTC

By: Apollo Hernandez

(the transition from Iraq and Afghanistan to MSTC)

After a few combat deployments as a young enlisted infantry rifleman, I was fortunate enough to earn my way into the elite and storied Marine Recon community, where I served as a Team Leader. The military instills many traits and soft skills in men and women that are extremely valuable to businesses, especially in startups. Unfortunately, it’s not always easy to translate these traits and frameworks that we learned in the military into civilian life. The MSTC program is teaching me how to bridge that gap by increasing my business acumen and introducing me to new frameworks and concepts that have already proven extremely valuable in my civilian career.

If you are a current or former service member and are looking for an exceptional graduate program, here are a few bullet points that you might find helpful.

  • When creating the MSTC program, The University of Texas combined a Masters in Technology Commercialization with a traditional business degree.
  • The program is a part of the highly ranked McCombs School of Business.
  • You do not have to be technical to be successful in this program.
  • You do not need to have a technology or idea already that you want to commercialize.
  • You do not need to be an inventor to be a business person.
  • At least a quarter of the class are veterans or still serving in the military.
  • The GI Bill covers the program.
  • The program is a 1-year program, meaning you spend only one year of VA benefits.
  • Even if you attend online, the Post 9/11 GI Bill will pay you as if you are on campus.
  • You have options for the delivery method i.e., in-class or online.
  • If you’re like me and prefer to attend in person, classes are in Austin, TX.
  • The education and networking are phenomenal.

Thank you for your service. I hope this helps you in your search for a quality graduate education.

If you have more questions about the program email MSTC@mccombs.utexas.edu, or if you have any veteran-specific questions, connect with me on LinkedIn.

Semper Fi/Hook’em Horns,

Apollo Hernandez

Four Things I Learned as a First Semester International Student in the Texas McCombs MSTC Program

By: Yu-Sheng (Roger) Wu

Only a fool learns from his own mistakes. The wise man learns from the mistakes of others.

– Otto Van Bismarck

Dear reader,

Hello, and thank you for taking the time to read this blog post. I understand in a competitive economy today, time is a precious resource, and the fact that you are spending a sliver of your finite time in this world is something that I am eternally grateful for.

As one of the international students in the MSTC program, I thought I’d offer my 2 cents about what an international student might want to know if they are planning to join the program (or might want to know BEFORE they start the program). While I can’t offer a holistic review of the program yet*, I feel like I am still able to offer some slivers of knowledge and firsthand experience about what incoming students could expect.

Also, as per the Bismarck quote above, think of this blog post as an opportunity to learn from MY mistakes. I’ve made a handful of them since my matriculation, and reflecting on them in a public forum is probably the best way to ensure that future students do not make these mistakes.

*I’ve only been here for one semester

 

1. A few things regarding the F1 Visa

The visa application process takes time, so start it ASAP.

Sounds like a no-brainer, right? It’s smart to follow up with the program staff if you have not received information about this process from the international office. They should contact you directly to kickstart the visa application process, and while I did end up getting my visa before the program started, I would advise keeping in mind that the process could take at least 2 months.

Let’s put it this way:

  • Even with FedEx Express mail and the wonders of the internet, it takes approximately 1 week ~ 10 days for the UT International office to process all of your paperwork and send you your I-20.
  • Filling out the DS-2019 might be a one-day affair, but depending on how backlogged your local US embassy is, your visa interview could be pushed back to a date that is over one month later than the day you filled out your DS-2019. If you’re also accounting for the amount of time that the US Embassy takes to process checks and money orders, it may take even longer for your visa interview to be scheduled.
  • After you pass your visa interview, it could also take up to 10 days for you to receive your actual visa.

So even though you could TECHNICALLY get your visa in a month (I mean, that’s how long it took to get mine), I would take some extra time to go through the visa application process. The month to which I applied for my visa was one of the most stressful months in recent memory.

Check for misprints on your I20

It happens! And yes, it happened to me. A misprinted I20 could mean a stunted visa application process or even a denial of entry into the country. You must make sure that the following things in your I20 are printed correctly:

  • Your name
  • Your program start date
  • Your earliest entry date (the date you receive your visa is dependent on this date)

Call the UT International Office after 10 AM CST

While the International Office is open from 8:00 AM to 5:00 PM CST,  the staff may be busy starting their tasks for the day in the early morning hours 8:00 AM to 10 AM. You may be better off calling them after 10 AM CST.

 

2. A few things regarding “Financing New Ventures”

Finish all of the launch week readings before launch week

Another no brainer. But seriously, Professor Badolato might only assign the readings for his first 2 launch week classes, but you’ll want to read them all. You’ll be too jet-lagged and tired during launch week to read all of the daily readings.

Audit Professor Badolato’s FSA class

During the middle of the summer semester, Professor Badolato will offer students the opportunity to audit his FSA class. Aside from being a good class to sit in, you should know that in other semesters, this class has a waitlist of up to 40 students. So get in there if you can.

Attend the excel boot camp

To put it frankly, If you’re not great with excel, you will be pulling your hair out in the accounting sections of the first semester. With that in mind, I would advise every student to attend the excel boot camp during orientation to save yourself from future hair-pulling sessions.

(Pictured above: Professor Alexander interacts with students in the “splash zone”)

Sit in the “splash zone”

For the uninitiated, the splash zone is the first 2 rows of the classroom. Prof. Alexander’s lectures are akin to performances, and you’ll get the most out of them if you sit in the front row.

The Stat Apps server is your best friend

You will need to run a Monte Carlo simulation later on in the first semester. This means that you’ll need to install a software called RISK that eats up your computer RAM like I eat tacos. If you’re a Mac user or if you’re running a not-so-high-end PC, might I suggest running RISK on the Stat Apps server via remote desktop? It’s much easier on your computer.

Information on how to do so can be found in this link:

https://stat.utexas.edu/consulting/stat-apps-server

Barring that, you can always visit the library and run the software there.

 

3. McCombs and another miscellany

Newspaper Discounts:

McCombs offers discounts for the New York Times, Wall Street Journal and other publications for students. You can also grab a hard copy from McCombs to take home. So, consider ditching your newspaper subscription if you have one.

Kanopy:

Your UT EID gives you access to Kanopy if you log into it via the UT Library website. Sure, it’s not a free Netflix or a free HBO subscription, but I think it’s worth perusing, if not to check out their extensive access into the Criterion Collection.

UT VPN:

Live too far away from the library to visit often? UT Austin offers a VPN service for anybody that needs access to a school resource remotely. Just keep in mind that you need to login once every hour…but it can be useful if you live far away from campus.

More info about the UT VPN can be found here:

https://sites.cns.utexas.edu/oit-blog/blog/vpn-gives-you-secure-remote-access-ut-resources

(Pictured above: The LBJ Presidential Library)

Visit the LBJ Presidential Library

It’s on-campus, admission is free, and it’s got some cool stuff inside.

 

4. Living in Austin

The Austin Stone

If you are looking for a Church to attend mass at, might I recommend the Austin Stone? They are a non-denominational group that meets at Austin High, and they offer morning, afternoon and evening mass services on Sundays. Attendance is free, and there is always free coffee before any mass event.

You can learn more about them at www.austinstone.org

Unionpay is useless:

If you’re a Chinese student or a student who has a bank account in China, please be aware of the fact that Unionpay is useless in Austin (I have yet to find a vendor that accepts Unionpay in the city). If you are going to use a credit card tethered to a Chinese bank account in Austin, please be 100 percent sure that the card also comes with Visa or Mastercard payment capabilities.

Don’t buy a bus pass:

Your UT ID grants you free rides on public transport around the city.

The Lucky Lab Coffee Co. has the best cold brew in Austin

…that I’ve had so far.

No seriously. It’s great.

 

So that’s it I guess? If you have any lingering questions (or if you just want to chat), feel free to hit me up at yushengwu@utexas.edu. I check my email every hour (sans sleeping hours of course), and I usually reply within the day.

 

Cordially,

Yu-Sheng (Roger) Wu

Austin Startup Week 2018

Together achievement

The time of the year for startups is back, Austin Startup Week. Every year organizations and startups open their doors, put on events and roll out the red carpet for both locals and visitors who are interested in learning more about the startup scene in Austin. There are many different events and tracks that you can check out. We’ve compiled the list of events for the University Track that will take place on Wednesday, October 3 at UT Austin Rowling Hall.

 8:00 AM Dorm Rooms to Startup Showcase
 9:30 AM The University’s Role in Entrepreneurial Ecosystems
 11:00 AM Emerging Tech Off College Campuses
 12:30 PM 10 Legal Mistakes Every Startup Makes
 2:00 PM The Importance of Diversity and Inclusion within Startup Culture
 5:30 PM MoneyTalks by Herb Kelleher Center – The State of Fundraising
 6:30 PM MSTC + Herb Kelleher Center Entrepreneurship Night

And those are the University Track events you don’t want to miss. Be sure to check out Austin Startup Week. We hope to see you there!

 

Texas MSTC Staff Writer

Come and Build It: An Entrepreneurs Journey

There are some people who keep on moving around all their lives looking for their own particular paradise. For me, I was lucky because I found mine in Texas. It has plenty of room for any dream I’ve ever had. But, try telling that to a wife and family who’ve lived all their lives in the grand shadows of our nation’s most vaunted monuments and institutions in Washington D.C. and the glitz and glamor of New York City’s skyline. The overwhelming response from them wasn’t encouraging

“Texas! It’s a desolate desiccated desert!”

Needless to say, it took time for both Austin and me to charm my family into packing our bags, and hitching our wagons to follow a dream, my dream.

I have to admit, there were times that I wondered whether or not I was crazy. Life on the East Coast had been great for me; I worked for Oracle, was a consultant with Booz Allen Hamilton, assisted in amazing research at one of our nation’s top research and development institutions, held a high position in the federal government, and even testified before the United States Senate. The only thing missing from my Washington, D.C. resume was a position within the White House! But, still Texas called to me and I had to find out whether or not it was a Siren’s song.

Stumbling upon McCombs School of Business’ Masters of Science in Technology Commercialization one day, I knew that it was the opportunity that I was looking for through with which to set myself up for success in Austin. I did not realize how true this was going to be upon submitting my admission package, but even though I already had earned an MBA, I found that the quality and quantity of advice that I received from professors and advisors at McCombs prepared me well for when I took my business idea out of the classroom and into the real world.

However, if there is one thing that is true in life, regardless of the field of work, it is “The best-laid plans of mice and men often go awry.” The amount of time that you spend researching your market, validating your idea with potential customers, and writing your business plan, inevitably results in the real world laughing in your face. At Health Hat, the company that I co-founded, this laughter was an opportunity for us to use what we had learned when building our plans to figure out how to react to life. If we had not done the research and customer validation, drilling down into our new target customer segment would have been game ending rather than just game changing. Instead of minor tweaks to our software, we might be re-writing the entire code.

Yet beyond the business plans and beyond building the software, there is a lesson that is not generally taught or mentioned in books. That’s probably because It is a hard concept to qualify or quantify but can be summarized as: ride the wave and make sure to get on the next one. The reason is as simple as Newton’s First Law of Motion “An object at rest stays at rest and an object in motion stays in motion..” Startups live and die every day because of two factors: their team, and what people think about their startup.

Ride the wave until it dies, and people eventually will forget about your startup and stop caring about your team.

I’ve found that staying on top of that startup wave is as hard as staying on top of a real wave. This past year has been filled with ups and downs. I’ve been told “Not interested” or “Come back to me when you have success stories” more times than I can count. But I’ve also signed a pilot deal with Seton Healthcare Family. I’ve been told by accelerators that Health Hat is not at a stage that interests them. But, I also became a “Veteran in Residence” at WeWork because of what Health Hat has achieved, and Health Hat made it into Bunker Labs’ Entrepreneurial Program for Innovation and Collaboration. Yet, as small as the wave seems to be to the wider world, winning Texas Venture Labs’ Investment Competitions’ James D. Pippin Veteran Award, for being the best veteran company in the competition was the first wave that I and Health Hat got on that allowed us to catch and leverage all of these other waves.

Riding the startup waves is as much about intuition as it is luck. Good luck!


Joshua Lawton-Belous

Follow Joshua Lawton-Belous on Twitter @alertingmainst

www.JoshuaLawton-Belous.com

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