March 27th Newsletter

Intellectual Property with Lucas Wenthe

Lucas Wenthe joined Jasper and Effingham CEO in a joint meeting at EJ Water in Dieterich Monday morning to discuss intellectual property. Lucas is currently with Bonutti Technologies and serves as an intellectual property attorney. We discussed the basics of intellectual property including: trade secrets, trademarks, copyrights, and patents. Inside of these conversations we discussed the terms of each as well as the specific legal jargon that assists in determining if it can be classified as such. Lucas gives a lively presentation that involves active student participation and critical thinking.

Banker Day

Jasper CEO hosted its first annual Banker day on Tuesday. We were joined by local bankers, Brett Lessley and Brian Bohnoff from Peoples State Bank, Travis Farley from First National Bank of Dieterich - Newton Branch, and Bob Ferguson from First Financial Bank. The objective for the day was for CEO’s to discuss their business concepts with the local bankers in a one on one format. Bankers were given the student’s business plans in advance to review, giving them an opportunity to engage in more critical and constructive conversation. Topics discussed were overall business ideas, business plan format, and any overlooked details of the business, just to name a few. The target was not to be critical of the business or the plan, but to help students think outside of the box in regards to their own business. Bankers and CEO’s all agreed at the end of the morning that it was a very worthwhile experience and proved again what a great process CEO is, involving expert community members to teach and reinforce specific business concepts.

EJ Water Lobbyist

Jasper and Effingham CEO’s joined together again Wednesday morning in an excellent presentation by lobbyist, Chris Stone and Jeff Torricelli. After discussing their backgrounds they discussed some generalities about being a lobbyist. Everyday there is a new issue, no day is every the same. To be a lobbyist one must be well versed on a variety of issues and know how to deal with reactions. A sense of weakness is not welcomed in their industry. They also covered how political leadership effects policy and how a lobbyist grows and retains clients. Chris and Jeff also emphasized that technology is great, but people must have relationships with each other. They furthered this advice by quoting Abraham Lincoln, “Be nice to people on your way up because you might meet them again on your way back down.” Great advice for young entrepreneurs!

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The manner in which the CEO program is funded is critical to its success and sustainability. All funds raised are used exclusively for the Jasper County CEO program. To participate, a 3-year $1000 per year commitment is required. Business Partner Investors commitments of time and energy are also critical to the program's success. Contributions may be tax deductible, as our organization is a 501(c)(3) not for profit organization.

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