Archive for category Babson

The Swatch Quote

I must first say how much I’m enjoying the class of Prof. Anirudh Dhebar called “Marketing High-Tech Products”. It is some sort of philosophical marketing class in which we discover the inner mechanics of every part of the theory of marketing, heavily applied to products and services that have a high-profile or high-tech component.

In one of his classes he put marketing aside to briefly give us some advice in our search for a job. There’s one quote that really resonated in me (which I bold and underline below) regarding the way we present ourselves. I literally quote from the email he sent later to follow-up on this subject:

First and foremost, never, ever, ever, ever forget the following line (attributed to Nicolas Hayek of the Swatch Group conglomerate): “Everything you do and the way you do everything sends a message.” You want potential recruiters to treat you as “world-class,” then there is only one choice: In how you prepare for and conduct yourself during and after the interview, be world-class in what you do and how you do it. And that requires your “message” to be “strong, exciting, distinctive, authentic, consistent, clear, and credible.” Yes, a tall order!

Thanks a lot to Prof. Dhebar for this and if you know of somebody searching for a job, please forward him these thoughts.

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Interviewing Matt Lauzon

On Monday I had the chance to interview Matt Lauzon, Co-founder and CEO of Paragon Lake, as part of an assignment for my Entrepreneurship class with Prof. Zacharakis. Matt is an overly nice person and an accomplished entrepreneur at just 23 years of age. Amazing story.

His company, Paragon Lake (a startup that is using the latest and greatest web based technology to change the way people buy and sell fine jewelry) just got $5.8 million in VC funding and expanded its executive team. 

Being the busy individual he is, he sat down with me for half an hour and patiently answered to my questions. Think of it as giving back to Babson and, as he pointed out in the interview, “always agreeing to take people out to lunch”. This strategy of constantly reaching out to people and offer them a fraction of your time certainly tops Matt’s list of key success factors. That and having a team of “world-class ass-kickers in what they do”, individuals with “high levels of integrity” that helped him build a culture in his company of which he is extremely proud.

Apart from being an entrepreneurial story worth telling, Matt’s is the classic example of an opportunity in an established industry where not much has changed and is very fragmented (jewelry). Paragon Lake’s ability to put the right technology in the hands of the right people is what took them to where they are now: changing the way an industry does business.

A big thank you to Matt for his time and for giving me this experience. It definitely tops my list of “key entrepreneurial days” in my MBA at Babson.

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Attending class in Second Life

Today I attended my first class in Second Life, the famous virtual world for the elective Social Networking and Virtual Worlds. It was an interesting experience and it certainly changed my skeptical perception of the uselessness of SL. Yes, I thought it was kind of absurd to spend time and money in a world that really doesn’t exist…but the truth is that today we experienced a real class, with a real speaker, with real slides and with real interaction. Just like the one you have in a real-world class. I must say that I’m positively impressed with the result of this experiment. The learning process and setup time for all attendees is still very high and complicated but I guess this can be reduced in subsequent meetings.

The guest speaker (who interestingly is physically located in New Zealand) was Mary Ellen Gordon, the CEO of Market Truths, a company that among other things assists brands and firms to understand and interact with their customers in SL. She gave examples of companies that have successfully played a role in SL and have found that there are unique and beneficial characteristics using this channel as part of a marketing mix.

Our class in SL

I want to use this post also to introduce the blogs of my classmates Deanna Briggs, Katrina Gosek and Jesse Mendenhall. Keep up the good work guys!

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