Posts tagged ‘entrepreneurs’

Guestpreneur: Pavan Muzumdar

Pavan Muzumdar, CFA will be speaking with our class on February 22.
Pavan Muzumdar is the managing director of Pieris Capital, LLC, and the Entrepreneur-in-Residence at Lawrence Technological University, where he fosters an entrepreneurial mindset in LTU students and faculty alike. He is also the CEO of MV Software Company.
In 2008, Pavan established Pieris Capital, LLC, a private equity advisory firm that bridges the gap between management consulting and investment banking. Managed with a global outlook, it focuses on wealth preservation and growth using innovative approaches in investment management.
In his nearly 13 years of experience as a CEO of MV Software Company and COO of Detroit Hitch Company and JRE Tires, he has directed operations in IT and wholesale/retail distribution and handled other matters including business development, capital raising, divestitures, litigation, and turnarounds.
Pavan was Associate Director with Cambridge Technology Partners, where he served as a senior consultant to Fortune 500 clients in the IT services, securities back-office processing,telecommunications, manufacturing, and healthcare industries.
He is currently active as either a founding member or financial advisor to startups in the financial services, healthcare, manufacturing technology, and social media realms.
He coaches award-winning companies in the GLEQ Business Plan competition and is a board member of the MIT Enterprise Forum of the Great Lakes, the local chapter of a global community of technology entrepreneurs.
Pavan holds master’s degrees in Electrical Engineering and Computer Science from the University of Massachusetts and a bachelor’s degree in Electronics Engineering from the University of Bombay.
He is a member of the CFA Institute and a CFA charter holder.

February 21, 2011 at 12:13 pm Leave a comment

Creative Entrepreneurs: Restaurants in temporary spaces

The New York Times reports on restaurateurs in New York who are finding new approaches to standing out in that competitive industry and that competitive marketplace.  Prospective restaurant owners often are saddled with assumptions: I will need a big space to make any money, I will need a huge menu to attract any customers, and I need to be exclusively a restaurant.

The restaurant owners in the Times article were able to find ways to work around these usual assumptions. One owner is purposefully using small spaces, another is intentionally using a temporary location, and a third is also running an art gallery and electronics store within his restaurant.

Look at the industries you are interested in. What assumptions exist about entry into those industries and markets? How can you work around them?

January 6, 2011 at 1:20 pm 1 comment


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