July, 2011

Video: Richard Tait on entrepreneurship and Cranium

Tuesday, July 26th, 2011

Cranium co-founder Richard Tait discusses his passion for entrepreneurship, the inspiration behind Cranium and his latest business venture, Golazo. He considers himself an inventor and at the top of his game when combining invention with entrepreneurship. Interviewed by UW Foster School of Business student Vance Roush (BA 2011), Tait offers inspiring insights about his leadership philosophy and how he captures trends to start new ventures.

“Entrepreneurship is about galvanizing teams of people around a mission. …the development and pursuit of a passionate dream,” says Tait. “I’m driven by a fear of failure rather than the glow of success. For me, it’s not about the prize, it’s more about the journey.”

Tait also believes everyone has a creative spirit and while society sometimes squashes that, it is in all of us.

This video is part of a series of entrepreneur interviews conducted by University of Washington undergraduate students who are involved in the UW Foster School of Business Lavin Entrepreneurial Action Program.

Foster MBAs summit Mount Rainier and raise $7000 for charity

Monday, July 11th, 2011

Guest post by Anders Zwartjes (Foster MBA 2012)

Foster MBA students climb Mt. Rainier's Emmons Glacier

This 4th of July, as the sun crept above the Cascades in the east and many hours before the fireworks would start exploding above Seattle, a team of 11 tired but excited UW Foster MBA students stood at the top of the tallest mountain in Washington state. The group had started the ascent six and a half hours earlier, but had truly started their journey six months earlier during winter quarter.

What began in January of 2011 as an idea to take an exercise from Professor Michael Johnson’s leadership class a step further and to raise money for the Foster MBA Challenge for Charity fundraising drive, quickly took form and resulted in six months of dedicated training and preparation. Although the group that stood on the Summit of Mount Rainier numbered only 11, the entire effort was successful thanks to the support of more than 100 Foster students, faculty, staff, plus friends and family. As a result of their help, the climb raised $7,000 for the Boys and Girls Club and Special Olympics of Washington.

On the mountain, teamwork and discipline were key. During the final ascent up Rainier’s Emmons glacier the group was divided into three different rope teams, with each member paying fastidious attention to the progress of those around them and the tension of the lines as the teams passed over more than a dozen crevasses. Communication is key to a successful ascent, and everyone looked after each other as the elevation increased and the temperature dropped. Collaboration was of even greater importance on the way down, as joint problem solving quickly fixed the few obstacles our group encountered.

As the sun dropped on July 4, 2011, the line of tired MBA students arrived at their cars, tired but healthy and jubilant about the climb. While one party member had been forced by altitude sickness to stay at base camp, the day had seen 11 climbers successfully make it to the top of one of Washington’s greatest natural wonders, but even more importantly marked the safe end to a trying but hugely rewarding feat.

A view from inside one MBA student's tent on the Mt. Rainier trek

This experience would not have been possible without community support. MBA climbers would like to add a special thank you to Eli Rosenberg and Eric Docktor for assisting in climbing training and helping to lead the team up the mountain. We would also like to extend a heartfelt thank you to Scott Heinz for patient coaching, impeccable focus on safety, constant encouragement and altogether exemplary leadership.

“It’s a round trip. Getting to the summit is optional, getting down is mandatory.” – Ed Viesturs