The Michigan Daily - Friday, February 18, 1994 - 3 - Mindyour own Entrepreneurial spirit, poverty drives students to start own businesses iversity students know what it's like to make it through the semester with a limited bank account. Eating meals in the dorms, using Entree Plus, scrounging for beer money - worrying about the unpaid tuition loans, or empty Spring Break accounts. A typical scenario in the lives of many University students. And so many students are forced to realize that if they want more spend- ing money - and Mom and Dad are not usually in a check-writing mood - they're going to have to earn it themselves. Many work in local stores and res- taurants, others babysit or tutor to pocket some extra cash. Some- eagerly anticipate football season, when they can bombard the mob on its way to Michigan Stadium with their newly designed T-shirts depicting Beavis n' Butt-Head, Calvin and Hobbes, alcohol emblems and the traditional "F-Notre Dame" message. Whatever the method, whether it is a "get-rich-quick" scheme or a long- term money maker, the fact is that many students work. However, there are some students who are entrepreneurs at heart and who have a keen sense for business. While their motives for money-mak- ing may or may not be the same as others, these students have invested more time and energy into their en- deavors - taking time to research, plan and oversee their own business operations. Two recent graduates of the MBA program in the School of Business Ad- ministration exemplify students who are anxious to get a head start in the business community. After completing their first year in the MBA program, Kurt Scholler and Scott Severance decided in July 1992 to open a store on South University Avenue called Condom Sense. In September 1992, they opened a second store in East Lansing near Michi- gan State University. One year later, they expanded their stint to the restaurant industry, opening up the Salad Days restaurant on South State Street. Although the Ann Arbor Condom Sense store has been renamed Condoms 101 because another company with the same name threatened to charge them to use the name, it is still owned by Scholler and Severance. "Scott and I really love to create, to set something up, to refine it, and watch it work," Scholler said. Scholler and Severance completed the MBA program and are now looking toward the future. Scholler said the condom stores and the restaurant are endeavors that he and Severance will try to develop into a franchise project. Scholler said he felt the concentra- tion in business was helpful. "The Business school did certainly show us what pieces were involved in business and the kinds of things one might think about to do long-range plan- ning," he said. But he added his belief that anyone willing to "embrace risk and enjoy pos- sible freedom," has the potential to start a business. Meet three University undergradu- ate non-business majors, who have suc- cessfully operated their own businesses for more than a year. Though their initial reasons for starting their compa- nies differ, these students have proved that they have what it takes to be suc- cessful entrepreneurs. for future lam w ~. .~ .,...LSA senior Ron Meisier started a sealcoating business with a loan from his father. He now services more than 400 customers a year. SMARY KOUKHAB/Daily Summer job inspires, dad's loan seals future, success SA senior Ron Meisler took the idea for his asphalt aintenance company "The Driveway Dr." from a summer job he had when he was 14. By the time he was 16, he knew enough about the business to run it himself. And so, with a $300 loan from his father, he founded his own asphalt maintenance company on a small scale. In May 1990, Meisler was featured on the cover of The Detroit News Business section. A photograph of him standing in front of his company's emblem brought Blue Card pulls in green N student en Brian Lewis asked his friends to go into * N~ibuiness with him, they tured down his offer. "At first no one really took me seriously, and now they're all kicking themselves that they didn't go into it with me," Lewis said. Four years later, Lewis is preparing to sell the "Blue Card" - the reusable discount card that has expanded his bank account, and in the process taught him much about the business world. "Initially it was a money-making thing. I didn't know how much money I could make, and every semester I've made more," he said. Lewis' concept is easy to understand. At the beginning of each semester, he solicits adver- tisers for the card, which provides a six-month advertis- ing space at a fixed price. "For a six-month ad, this is rather cheap advertising for (the Wj teVeryou advertisers)," he said. Lewis said he usually comes to decide to de, b t Ann Arbor during the summer to * h n e a ut it" find potential advertisers, and tries to renew their contracts at the end Brian Lewis's advice of the fall semester. to potential student After he has received the signed contracts from the local store own- entrepreneurs ers, Lewis works with a printer to design the card so that each adver- tiser is allotted space. He then has 15,000 cards printed. The cards are then laminated and shipped to Ann Arbor for Lewis and his hired help to distribute. Lewis said he often stands on street corners and in other campus areas to hand cards to passersby.' Many local store owners have continually put their trust in Lewis and his Blue Card. Lewis said Pizza Bob's, Chicago Dog House and Subway are always eager to be on the card. Lewis attributed this trust to the fact that he doesn't collect his paycheck until all the cards have been distrib- uted everywhere on campus, from residence halls to graduate-student mail boxes. -: In addition, Lewis said the stores and restaurants maintain a record of how many students use the card at their store per day. So, what is the advantage of this type of business? Lewis is able to calculate how much profit he will make at the onset of the semester. "I don't have to get paid on an hourly basis, which I would hate," he said. But this entrepreneurial endeavor, Lewis said, is not as easy as it seems. "I have to sell the Blue Card, but I have to sell myself too," he said. Lewis said he does not intend to pursue a business- him more than 200 phone calls from potential cus- tomers. "People thought Iwas an asphalt god," he said. Three years later, Meisler's business now services more than 400 customers each summer. The company usually does six jobs a day, and completes the treatment in three days. Meisler attributes his success to his keen sense for business. "I saw that there was No matter what YOU are doing, no matter what you are making, you have to inves a lot of times --Ron Meisler's advice to potential student entrepreneurs potential there, and the customers were very receptive. We enjoyed doing it and we did a good job," he said. Now, Meisler claims the company advertises itself by word of mouth, although he does have employees who solicit customers over the telephone or by going door-to-door. Meisler operates the company from his Oak Park office, where he is in the process of transferring all his customer files into his computer. The business has enabled Meisler to pay part of his tuition, and covers all of his other expenses. "My bank account was never a source of stress because of the business, so I didn't have to work during the school year and could solely concentrate on my studies," he said. But Meisler claimed he is still careful with his spending. He said that he has learned a great deal about em- ployer responsibilities. "I have to make sure the jobs are getting done right, and that the customer thinks they are getting done right," he said. Meisler has also experienced the stress of the em- ployer-employee relationship. "One of the most difficult parts of business as you grow are the employees because they never care about the business as much as you care about the business," Meisler said. This summer, Meisler plans to donate a portion of his earnings to a charity. Meisler said his long-term goals are not only busi- ness-oriented. "I'm planning on going to law school, and I want the business to pay for my tuition," he said. He added that he hopes to make his business into a national company. "I love business, I love different ideas, I love learning about it," he said. By Randy Lebowitz Daily Staff Reporter related career, but added that owning and operating the Blue Card has helped him get accepted into law school. "In retrospect, I think it has gotten me into a lot of law schools. It's something that distinguishes me from a lot of people," Lewis said. MARK FRIEDMAN/Daily Passing out his Blue Card has brought Brian Lewis Into contact with many students and businesses. People looking for jobs keep him employed TSA senior Jude Pereira had spent seven stressful hours creating and rfecting his resume when the idea popped into his head. "Wouldn't it be great to have these resumes already made up?" Pereira said he knew his business "Re- sume Remedy" was a good idea because he had heard many complaints from students Mat you I who were unfamiliar with resume formats, and who did not have much time to spend b ob$serva preparing their resumes. 'ai He thinks he has a knack for these C$ mp$aiii a . /s YhC "W vie w. n ana.tc " ho c~ A-,-& _ t-- a - os -- - r4 the process hassle-free so students can quickly get resumes on their way to potential employers. "The purpose of the disk is to get students motivated to search for jobs that will provide meaningful experi- ences applicable to his or her career objec- ally have to tives through internships," Pereira said. With his program, the dirty work is a o rt are already completed. All that is left for a htstudent to do is choose a resume style, and AL ,tI enter the personal information the program __ a2 rpnnPnctc. ;; ::.:::.:: i ;; :.. :. ..... 2:1_d. . " " l "F.Y< .__{c . r}'sfi ::.... uG.. .... i:N':/. rf. .t/. 4}:i v."r\ iii}i: i'l.?Si ?ti_