Kenny Anderson is a Business Consultant at Louisiana Business and Technology Center in Baton Rouge, Louisiana in charge of the Student Incubator at LSU. He is an MBA graduated from LSU and in today's episode he gives us a pretty good picture of what the Student Incubator Program is all about. LSU Student Incubator is a program that helps students who want to launch and grow their own business, assisting students with business idea development to create a post-graduation career option, creating an environment specifically designed to help student entrepreneurs succeed. The incubator provides students with one-on-one consulting, business planning software, professional mentors and speakers, an Elevator Pitch Competition (Annual Venture Challenge) and other valuable resources needed to start and grow a business. The Student Incubator is more than a place to work; it is the first step to becoming a successful entrepreneur. What You’ll Learn From this Episode: What is the Student Incubator Program Who is it for, what is the criteria and how to apply for the Student Incubator Program The Annual Venture Challenge The Student Incubator Program Business Model Facilities and resources at the LSU Innovation Park for the Student Incubator Program Entrepreneur environment and Incubators community Use of the Canvas tool as an early stage Business Startups Model Management in the Program (Staff, consultants and workers) Role of Investors as Mentors Importance of collaboration in the program and Industry connections Success cases The Bigger Scope of an Incubator support From Idea stage to Renueve stage The struggles that are common among the entrepreneurs and how they overcome them Kenny's tips and advice for early stage entrepreneurs Difference between a great idea and the execution of that idea Kenny's final comments for the young entrepreneurs Featured on the Show: Connect with Kenny Anderson: LinkedIn | LSU Student Incubator Program The LSU Venture Challenge Lean Canvas - An early stage Business Startups Model (Business Model) Enjoy The Show? Don’t miss an episode, subscribe via iTunes, Stitcher or RSS. Leave us a review in Itunes Tweetable “No idea is too early stage to be developed” “To succeed we need to be out there and talk to our customers and listen to what they really need” “Talk to your customers! Is the best form for primary research”