Insight on Business

March 2013

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Idea flash Innovation meets optimism in hot ideas: Flickey, MediCoping ���by Connie Fellman W hat do you get when you combine a few enthusiastic college students, a wide range of diverse backgrounds and one innovative idea? The answer may be the next big hit in portable digital entertainment. ���It���s a way for people to enjoy their favorite movies or TV shows when they want, wherever they want,��� says Siddhant Dayal, a recent Lawrence University graduate and driving force behind the ���movies in a flash��� concept ��� using portable flash drives rather than DVDs or the Internet to watch movies. some things each of us were very good at and some things we were not,��� says Dayal. Together, their individual talents resulted in a creative team with the necessary technical expertise as well as the external relations skills required to present their idea to investors. Perhaps the more perplexing riddle, however, is what it will take for these young entrepreneurs and others to get their new business up and running. Medical maze management viable business venture. Thus Flickey was born. The idea involves movie kiosks which transfer encrypted media onto portable flash drives compatible with multiple viewing platforms like TVs or computers, bypassing the need for an actual DVD. Users plug their Flickey drive into their preferred viewing device and can enjoy a movie on the go without the need to rely on Internet access. When the rental period is over (three to five days), the movie expires automatically and disappears from the flash drive. ���We have an encryption system we���ve been using from a computer science course,��� explains O���Conner. The students were challenged to come up with the idea in another college course, Lawrence���s ���In Pursuit of Innovation.��� It was there that their diversity soon taught them a valuable life lesson in business partnerships. ���We quickly realized there were Movies in a flash C o u r t e s y L AW RE N C E U N I V ERS I TY Aptly named ���Flickey,��� the media delivery model is Dayal���s brainchild, and Lawrence classmates Daniel O���Conner, Nathan Fearing and Aimen Kahn joined the project. While the group���s academic interests run the gamut from music performance to economics, they came together with a common purpose ��� to come up with an innovative, original concept and present it as a 22 | Insight ��� M a r c h 2 013 Flickey mentor and Lawrence University Professor Emeritus of Physics John Brandenberger stands with members of the Flickey team, Dan O���Connor, George Levy, Siddhant Dayal (sitting) and Nathan Fearing, who display a prototype of their movie kiosk. The Lawrence students are learning what it takes to launch a business idea off the ground. Suamico���s Chris McNeill Bivins also found inspiration in lessons learned back in college. A nationally certified child life specialist with a degree in psychology, Bivins wanted to put her education to work in her own way. ���I wanted to use my child life skills working with children and families to help them cope with trauma, illness and loss,��� says Bivins. Bivins launched MediCoping LLC less than a year ago and now serves families coping with difficult medical situations, as well as helps people navigate their way through an often baffling health care system (on the web: medicoping.com). For Bivins however, that���s the easy part. What���s not so easy is the other side of her business. ���The accounting, the taxes, the paperwork, the licensure, those things have been a huge challenge for me,��� she explains. Bivins��� challenge is not uncommon for people starting their own business, says Al Hartman, professor of management and human resources at the University of WisconsinOshkosh. Hartman emphasizes the importance of networking as a way to connect with people who can help you over that hurdle. ���Find partners or mentors who w w w. i n s i g h t o n b u s i n e s s . c o m

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