By: Isela Sanchez
UMSL Business’s podcasting series “In Your Business” always wants to expand knowledge to students by providing guest speakers with an amazing teaching capacity and insightful ideas. For the latest podcast, we interviewed Dan Lauer, Chris Miller and Alex Zwibleman, who are all part of the UMSL Business Entrepreneurial program. They talked about the basics, history, future, and what the Entrepreneurial program can do for business students alike.
Dan Lauer is the Founding Executive Director of UMSL Accelerate and Founder of his company, Lauer Toys, Inc., which produces Waterbabies®. Chris Miller is the Founder and CEO of The Mission Center L3C, who serves as Assistant Teaching Professor and Director of Interdisciplinary Entrepreneurship at UMSL. Finally, the last guest speaker is a student from UMSL, Alex Zwibleman, who is majoring in Business Management and who is taking part in the UMSL Accelerate Entrepreneurial Program.
This blog originally appeared on UMSL Digital Mindshare. Click here to read the full blog. Go here to listen to the complete interview.
By: Gabby Sealy and Pablo Romero
The idea of owning your own business and being a full-time student at the same time may seem like an impossible feat. While most people do not think this is doable, UMSL Alum Van Liu can prove otherwise. For the podcasting series “In your Business”, UMSL Business interviewed the owner of the Thai-styled ice cream shop known as Snow Factory, to talk about what started it all, and how it got to the place where it is now.
In case you are not familiar with Snow Factory, it is a Thai-style ice cream shop located on the Delmar Loop that specializes in rolled ice cream. This technique is basically that ice cream is made fresh right in front of you on an ice cold surface that freezes the ingredients until it’s ready to be rolled into a cup. Van Liu first came up with the idea while visiting Thailand, where he stopped at an ice cream shop that was notably different from the rest. A huge line attracted his attention and after waiting for roughly an hour in line, an idea sparked in his entrepreneurial mind. What if this concept was brought to the U.S.? Well, to his benefit, he saw a second rolled ice cream shop in New York, which indicated a new trend in the U.S. and an opening in the market. That is when he decided to bring it to St. Louis. This blog originally appeared on UMSL Digital, click here to read the full blog.
By: Pablo Romero
If you’re a junior or senior, you have probably been asked if you have had an internship yet. Every year as summer approaches, many students get ready to start their journey into the corporate world and gain experiences and connections that will help them get ahead. However, sometimes students are unsure about internships, the hiring process, benefits and tradeoffs. Do internships really give you an edge? Are they worth it even if you are not paid? This blog originally appeared on UMSL Digital Mindshare, click here to read the original blog.
Consider investing your Health savings account (HSA) instead of having it sit in cash! Well less than 20% of the funds sitting in HSAs are invested in mutual funds now. If your investment horizon for taking money out of your HSA is not until many years from now, consider investing it in quality mutual funds.
What if you don’t have or don’t like the mutual fund options available through your current HSA? Consider rolling over part or all of your current Health Savings Account balance to an HSA provider highly rated for investing. Which HSA provider should you choose? See the Morningstar report at http://corporate1.morningstar.com/ResearchLibrary/article/813893/2017-health-savings-account-landscape/
and click on “Download Paper”. It ranks the 10 largest HSA Plan Providers. See the summary in Exhibit 1 on page 3 of the paper. It summarizes the rankings by whether you use your HSA for qualified medical expense spending currently or for investing and future reimbursement of such expenses. In this paper, Morningstar rated the following Investment Plans in the Top 3: HSAs provided by HealthEquity, Optum Bank, and The HSA Authority.