SPOOKY HALLOWEEN There's a goblin at my window, A monster by my door. The pumpkin at my table Keeps on smiling more and more.

There's a ghost who haunts my bedroom, A witch whose face is green. They used to be my family, Till they dressed for Halloween!

UPCOMING CLASSES AND OPPORTUNITIES

Excel 1: Basics for Business Tuesday October 8th, 12:00pm-2:00pm Excel 2: Charts & Graphs Tuesday October 15th, 12:00pm-2:00pm Excel 3: Formulas, Functions, Formatting Tues. Oct. 22nd, 12pm-2pm Excel 4: Simple Macros Tuesday October 29, 12:00pm-2:00pm QuickBooks Basics INTENSIVE: Friday October 4th, 8:30am-5pm QuickBooks Basics RELAXED: Mon, Tues, Wed Oct. 28-30, 3pm-5:30pm

The Monthly Hatchling

The Official Newsletter of the UBC
October Issue (10-2013)
Inside this issue: Learning -- The Lifelong Process - P.1

UBC OCTOBER CALENDAR

10/2 RAIN 10/2 Umpqua Valley Winegrowers Assoc. 10/7 UC-VEG 10/7 American Red Cross 10/9 RAIN 10/11 UCC Leadership Meeting 10/14 CLOSED Columbus Day 10/16 RAIN 10/17 US Cellular 10/21 The Partnership for Douglas County 10/22 SBDC Contractors Training 10/23 RAIN 10/24 SBDC Contactors Training 10/25 UBC Board of Directors Meeting 10/26 The Perfect Pitch Training

QuickBooks Payroll INTENSIVE: Friday November 8th, 9:00am-2:00pm Contractors Licenses Test Preparation: October 21-25th, 5:00pm-9:00pm

Fast Road to Entrepreneurial Success - P.2 Business Plan: Your Map to Success Business Predictions - P.3 - P.4

FREE WORKSHOPS
1st Steps to Stating Business: Friday October 18th, 1:00pm-3:00pm 1st Steps to Stating Business: Friday November 8th, 1:00pm-3:00pm 1 Steps to Stating Business: Friday December 6th, 1:00pm-3:00pm
All workshops are located at the Umpqua Business Center. To Register, please call 541-440-7662 or 541-440-7824
st

BUILDING A STRONGER DOUGLAS COUNTY, ONE ENTREPRENEUR AT A TIME

BOARD OF DIRECTORS
Rick Coen, Chairman Pete Bober , Vice Chair Debbie Fromdahl, Treasurer Rene Toman, Exec. Director Ron Doan, Past Chair Alex Campbell Betty Tamm Dan Courtney Joe Olson

LEARNING THE LIFELONG PROCESS

By Penny Groth How do we learn? My parents raised (5) kids. My mom used to tell the story of one of our elementary teachers making a comment something like one thing Ive discovered as a teacher is that once youve had one child from a family in class, you can be assured the other children will be very similar. Disturbing to me that this person was an elementary teacher! We are all different, thank goodness, and we all learn differently. There are many avenues to gain knowledge: Positive / Negative reinforcement. In my youth, negative behavior resulted in a spanking. I learned to behave myself to avoid punishment. This continues through our life. It can be as small as receiving a smile or frown as a result of our actions. But we learn by our audiences response, what is well received and what is not. Be open and observant to positive/negative feedback from your customers. Make an effort to track what works and what does not work in your business. Why re-invent the wheel? If you observe best practices, use them! Be humble; learn from others and accept that others may sometimes have a better idea. Join business resource groups and learn from others. Talk with people in your industry and glean/share ideas for common topics. Dont be embarrassed by asking for help. When we are young, we dont want to look stupid. Hopefully we outgrow that! Be aware of your understanding level and learn to recognize when you dont understand something. Pull out all the stops and ask pointedly for specific answers to your questions. Find out where to go for help. Hint: Your UCC SBDC is a great resource! Think outside the box. Make it practice to consider options out of the ordinary. Read, watch, and discuss ideas with others. Then be bold; try something new! Remember try it Mikey, youll like it? Our UCC Small Business Development Center (SBDC) is a source of education for small business owners; we are here to serve you. Opportunities to learn are: 1) One-to-one business advising. We have (6) advisors on staff. All have owned a small business or been in an industry directly related to small business development. There is no charge for this; this is a service to you as a small business owner (or pre-venture owner). 2) Classes focused on small business. Heres our fall lineup: Be Your Own Boss: business start-up, free class

THE MONTHLY HATCHLING OCTOBER ISSUE 10-2013

Kelly Morgan Lance Colley

The Perfect Pitch Training The following trainings will be provided to assist aspiring local entrepreneurs and companies prepare for and compete for funding in the 2013 Roseburg Angel Investor Network (RAIN) Business Plan Competition coming up in November. John Lee of Folium Partners will give "The Perfect Pitch" training. This is geared toward entrepreneurs and other business managers who need to sell their ideas to an audience and then to ask for funding. Saturday, October 26th 10:30AM Umpqua Business Center Roseburg Angel Investor Network Upcoming Competitions Launch Stage: RAIN is calling for the best and brightest early stage companies to compete for an estimated $150,000 seed capital investment. Applicants should be companies with growth potential, evidence of a market, proof of concept/prototype, and be based in Oregon. Firms must be willing to give up a portion of equity for investment. The final deadline is September 9th. Wednesday, November 13th Danny Lang Center, UCC Concept Stage: Not ready for the launch stage competition, consider the concept stage! The prize includes $5,000, including a cash grant of at least $2000, six months of tenancy at the UBC, and discounted professional services. The application process is similar to the launch stage application; however the winner will be selected by popular vote of attendees. Wednesday, November 13th Danny Lang Center, UCC

Mark Bilton-Smith Mickey Beach Monte Mendenhall Penny Tannlund Perry Murray Rena Langston Scott Henry Susan Buell Susan Morgan Wayne Luzier

I would rather sit on a pumpkin and have it all to myself than be crowded on a velvet cushion. ~Henry David Thoreau
522 SE WASHINGTON AVE. ROSEBURG, OREGON 97470

(541) 440-0995
UMPQUABUSINESS.COM

QuickBooks: Basics Intensive; Basics Relaxed; Payroll Intensive Excel: Basics for Business; Charts & Graphs; Formulas, Functions, Formatting; Simple Macros Small Business Management: (9) month program (need (1) yr. in business) For more class info, call 541-440-7662. We are your SBDC and we believethere is no business like small business! Come on down, give us a try! Located at 522 SE Washington Avenue, or call us at 541-440-7824.

Four Tips to Get Your Business Ready For Fall

By: Deborah Sweeney, blogher.com Hire New Employees to Join Your Staff. Is your business taking off, but there arent enough hands on deck to help out? Nows the time to start looking into hiring new team members and train them to fill in any missing roles (or even add more support to existing ones) your business may have. Tidy Up! Saying goodbye to summer, while bittersweet, means prepping well in advance for the upcoming fall season. Booking your business in for conferences and conventions, looking into PR and marketing initiatives, and upgrading software for the system are all just a few tips Denny Daniel, Curator at The Museum of Interesting Things, recommends a business to do. Switch Out Product Offerings on Your Website. Change out seasonal products available for purchase on your company website almost as early as a storefront would for the holidays. Doing so ensures that visitors on your site can find these products early and order ahead of time to beat the rush and ensure that their order isnt sold out! Skip Fall! Prep for Winter! In September, business owners should be thinking about and preparing for the holiday season if you start thinking about the holidays in November, its usually too late. To read more, check out the full article at:

From The Desk of the Director

Once upon a time, an eccentric old Englishman had a vision. The mans name was Charles Babbages and his vision was to create his Analytical Engine. Charles was the son of a banker and he had a natural inclination to analyze and calculate. He once baked himself in an oven for five minutes at 265 degrees to test the human response to heat. Charles was fascinated by the new advancements of the industrial age such as optics, electricity, and manufacturing, but above all he was fascinated with calculating everything from life expectancies to vital signs of local farm animals; from 464 ways to break a glass plate, to celestial tables. Charles concluded that his vision for an analytical engine would eliminate the need for 60 to 80 people who performed or computed calculations. His new design, which consumed most of his adult lifes work, would allow the machine to store 1000 numbers of up to 50 digits each in memory. but it was so far advanced for its time, the technology to build it did not exist. Though Babbage died discredited and disappointed, his vision became a reality in 1991 when British scientists built the machine in commemoration of his birth. The analytical engines 4000 parts stood 10 feet tall, 6 feet wide and weighed 3 tons and as predicated, could calculate perfectly with 31-digit numbers. Charles Babbage never gave up hope in his vision. In reflecting back on his lifes effort, he wrote: The whole of the development and operations of analysis are now capable of being executed by machinery. As soon as an Analytical Engine exists, it will necessarily guide the future course of science. The first modern computer, invented in 1946, used all of his basic concepts for a revolutionary mechanical computer. Vision is a fundamental characteristic of inventors and entrepreneurs. While strategies and tactics may ebb and flow in a new venture, it is the vision that ultimately drives their efforts. In fact, Amar Bhide, author of The Origin and Evolution of New Business, reports that only (4) percent of the Inc. 500 companies began with a written business plan and 50 percent never even consulted a lawyer! Throughout history it was rare to find any entrepreneur with a written business plan, and even today it is not common for entrepreneurs to have a formal plan. The formal business plan is a relatively new business tool. It is a living docu ment that evolves with the company setting the companys course, defining the milestones, timelines, and financial and market strategies. Business plans become more critical as the company matures and becomes an absolute necessity when the entre preneur seeks outside financing. Written plan or not, the important thing is to have a strategic plan. It is vital in todays business world that the entrepreneur realistically understands how their product is positioned in the market place. The key strategic questions relate to what market problem or need does the product address, how big is the problem, why is this product the best solution, what management skills are required to bring the product to market, how much money will be required, how will these funds be used, how will major competitors be neutralized, and how much money will this venture make? This set of questions leads to another level of strategic questions that will subsequently lead to hundreds and hundreds of tactical questions that will ultimately be addressed in the execution of the Image Credit: Facebook/Founders & Funders plan. The more questions that can be asked and answered before the venture gains significant momen tum, the greater the opportunity to coordinate all resources, eliminate the potential mistakes, and to accelerate the commercialization process.

40th Annual

Parade

The parade route travels south on Jackson Street to Lane Street. Children can then trick or treat on Jackson Street on their way back to Douglas Avenue. Participating Downtown businesses will have It is again that time when treats available for the parade families with children of all participants. ages are invited to dress-up in This free event is a way for their most impressive costumes Downtown businesses to thank and to participate in the the public for working and tradition of the Neewollah Parade. On Thursday, October shopping with them throughout 31, 2013, the parade will stage the year. All children must be accompanied by an adult. at the corner of Douglas Avenue and Jackson at 5:00 By Roseburg Visitors Center p.m. and the parade will commence at 5:15 p.m.

ENTREPRENEURSHIP & START-UP TRENDS

Most recent data from the Census Bureau notes that the U.S. added a million new nonemployer businesses in 2007, bringing the total number of non-employer businesses to 21.7 million. There are approximately 217 million adults in the United States. If we assume each of the 21.7 million businesses mentioned above is owned by a single individual, it suggests that 10% of U.S. adults own a non-employee business. Regardless of how the entrepreneurial ranks are trending, the number of entrepreneurs in the United States remains amazingly high. Meet (10) people at a social event and odds are that one of them is a self-employed entrepreneur. Mind you, we've only touched on self-employed small busi ness owners who have no employees. The number of business owners in the United States is of course much higher when you include businesses that have employees. It's unclear what the right ratio of entrepreneurs to non- entrepreneurs ought to be. Should one out of three of us own a business? Should one out of eight of us own a business? In any case, we know that entrepreneurship is what can make the world a better place and improve global living standards. As such, it's key to make it as easy as possible to start and grow a business. Here are some key points: Every year, about 7
million startup ventures are formed by some 12 million people. About one out of every six entrepreneurs received funds from personal contacts The average amount of money used to launch a business was $48,000. Four out of five startup businesses were funded in the most basic way possible: owner finances.

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