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Presented by the Institute for Entrepreneurship
and Innovation at UMKC
and Polsinelli Shalton Flanigan Suelthaus PC
Ronald Harland Plans to
Evolv
Before he founded Evolv Solutions in
2002, Ronald Harland, 58, had held only two jobs since high
school: he spent 8 years at Allied Signal and 26 more at
Xerox.
At
first glance, those 34 years don’t
add up to a lot of entrepreneurial
experience, but, Harland admitted to a crowd of 45 at July’s
Entrepreneur Speakers Program, “Working in corporate America
was one of the best training grounds for me as an
entrepreneur.”
“It teaches you how
to sell, it teaches you how to run a business, and it gives
you a foundation,” says Harland of Xerox’s sales program.
“So when obstacles come, you don’t waiver. You just
understand. You size it up and you step aside and you
evaluate it and you keep moving forward.”
The monthly speakers
series, which has featured some of Kansas City’s
entrepreneurial heavyweights, is
sponsored by Polsinelli Shalton Flanigan Suelthaus PC and
the Institute for Entrepreneurship and Innovation at UMKC.
And
Harland is no exception to the series’ accomplished roster.
His stick-to-it attitude
has put him on the entrepreneurial map—and earned Evolv
Solutions the top two spots in Ingram’s Corporate 100
for 2006 and 2007.
But
attitude, says Harland, was only part of his equation.
Do Your Homework
Harland was well aware that the first
two years of business are do-or-die for 40 percent of
start-ups. And he was well aware that attitude alone wasn’t
going to save him from being a statistic.
“If you’re going to aspire to start a
business, you should research the area of business you’re
going into,” advises Harland. “You should do your homework,
and you should develop a business plan.”
And then you have to decide if you want
to make the leap.
For Harland, that meant leaving a
26-year, six-figure comfort zone to take advantage of an
opportunity, a shortage of certified minority suppliers. He
formed strategic partnership with Xerox and started Evolv
Solutions with just three employees. Joining Harland at
Evolv were his wife, Patricia, and his son Eric.
At the end of his first year, Evolv
claimed just $130,000 in revenue. But Harland tapped his
401(k), engaged his stick-to-it attitude, and worked his
plan.
And he asked for help. Executive MBA
students from the Bloch School of Business and Public
Administration developed a business plan for Evolv’s digital
printing line, a service Harland values at $20,000 to
$30,000, and he received invaluable business advice from the
Ewing Marion Kauffman Foundation and the Helzberg
Entrepreneurship Mentoring Program.
This year, Evolv boasts 15 employees,
an office in Cleveland and a sales staff in Chicago, and
projected annual revenue of $17 million.
“Without a roadmap,” says Harland,”
we’d never get there.”
When Harland says “plan,” he means an
intricate business plan. Evolv Solutions has mapped out the
next three, five, and ten years of business, making sure
that anything that put down on paper is adaptable and that
they revisit it every 90 days. In the next three years, they
plan to bring $50 million. In five years, $300 million, and
in ten, $950 million.
About ESP
The Entrepreneur Speakers Program, held
monthly throughout the year, brings the region’s most
innovative business leaders to UMKC to discuss ideas and
opportunities. The series highlights experiences, lessons
learned and unique issues and challenges faced by
entrepreneurs in the creation of a new enterprise.
Coming Up
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September 18, 2007 |
Cliff Illig,
vice chairman and co-founder of Cerner
Corporation |
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October 16, 2007
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Neal Sharma, CEO, Digital Evolution
Group |
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November 13, 2007
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Barnett Helzberg, chairman of
Helzberg Foundation |
All sessions are held
from 5:30 – 7 p.m.
at the law offices of Polsinelli Shalton Flanigan Suelthaus
PC
700 W. 47th
Street, Suite 1000, Kansas City, Missouri
Registration received up
to three working days before the event is at the discounted
rate of $20. Reservations paid for on the day of the
event and on-site registrations are $25. Parking is
free. Students with a valid university or
college ID are welcome to attend free, although reservations are
still requested.
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