A healthy beverage startup company found at the Rady School of Management placed first in the Ignite UC San Diego startup pitch battle, earning a cash prize of $5,000 and being named best product.
The company, headed by CEO Kabir Gambhir (MBA ’10), produces the drink Cascaraa, made from the sun dried coffee fruit of the same name, which hopes to provide a healthy alternative to naturally caffeinated beverages for younger audiences. Gambhir said he was inspired to create the drink after facing health problems with traditional caffeine, and applied his past experience within the medical field in creating the drink.
“Discovery was a big part of maintaining health and wellness,” Gambhir said. “ It’s something that I’ve really been inspired to share with as many people as possible.”
The restructured Ignite Startup battle format
now features a rap battle as a part of its competition, incentivizing companies
to find a creative alternative in pitching their ideas.
Gambhir, alongside fellow team member Renan Iwayama (MBA ’19) and a few members of the company, did just that, showcasing their rapping skills with their original song, “Drink Cascaraa,” a parody of Snoop Dog’s iconic, “Drop it Like it’s Hot.”
“It was a fun and
amazing way to challenge ourselves in writing the lyrics for the song from a
pitch standpoint,” Iwayama said, “I’d definitely approve of them doing
something like this again next year.”
Gambhir says he plans to
use the prize money in reinforcing the company’s marketing strategies by
partnering with Hello Advisor, a promotions and marketing firm, in order to
continue expanding their product across San Diego, with the eventual goal of
reaching all of California.
“We’re thrilled to be
working with them, and in using their guidance in looking for new strategies
and expand,” Gambhir said.
#RadyMade Startup Wins Pitch Competition was last modified: March 8th, 2019 by Matthew Wu
The adage “Rome wasn’t built in a day” rings true in the
startup ecosystem. Ask any entrepreneur about their journey from idea to
flourishing company, and they’re sure to offer up a list of individuals who
helped them along the way.
The Rady School of Management startup community has been
developing a network of successful entrepreneurs for more than 15 years,
launching more than 180 student and alumni-led companies in its short lifespan.
Although the network has always been happy to help those looking to get their
companies up and running, the School recently created a new mentorship program
designed to connect budding entrepreneurs with seasoned industry experts to
foster creativity and provide the students with a strong support system
throughout the early stages of their startups.
Developing Rady Innovators and Entrepreneurs (DRIvE) is a
donor driven initiative born out of a gift from UC San Diego alumnus Mark
Waxman (B.A. Economics ’70). The program began last year by collecting a community
of both Rady and out-of-network professionals looking to share their skills and
knowledge of various industries. Then, students participating in the StartR Rady
accelerator were hand selected to join the mentorship program. Once the student
participants and mentors were chosen, pairs were formed based on mutual
interests and needs identified by the students.
“The mentors were extremely involved from the very beginning
– they wanted to get as much information they could about the students and
their companies to see how they could help,” said Karen Jensen, Entrepreneur
Advocate at the Rady School. “Their investment in our students has been crucial
to the continued development of several startups launched here at Rady.”
Once the matches are made, mentors and mentees stay in touch
by connecting in person or on the phone to stay involved with the entrepreneurs
throughout their journey. The DRIvE program also hosts quarterly Monday morning
events that facilitate in-person interactions between mentors and mentees
through workshops, pitch presentations and networking.
“We start by working with students to identify their needs
and interests, then we match them with mentors who have experience in those
fields,” Jensen said. “Each student can
have up to three mentors with expertise in fields, such as finance, marketing
and product development so the students have a strong network.”
The benefits of
mentorship
The expectation for the program is for mentors to stay
engaged for at least six months, but several mentor/mentee pairs have continued
to stay involved after the official program is complete.
Mridu Sinha, co-founder of MelioLabs, participated in the
initial cohort of the DRIvE program to take her microbial identification
startup to the next level. MelioLabs created a microbial identification system
that screens for newborns at risk for infection, making it easier to identify
newborns who are at risk of sepsis – a condition that can be fatal for infants.
Sinha connected with June Chocheles, President of the
Chocheles Consulting Group and Athena Foundation Board Member, who helped her
learn the ropes of fundraising, marketing, branding and business scaling.
Due to the value of the program, she remains in contact with
her mentor to this day. She credits the rapid success of her company to her
mentor who has continued to support her throughout the development of her
company.
“June has a lot of experience starting and running
companies, so it has been a wonderful experience working with her,” she said. “
While the StartR Inclusion accelerator – formerly known as mystartupXX
–helped initially launch MelioLabs, the DRIvE mentorship program has helped
sustain and grow the startup.
“If you’re looking to take your company to the next level,
the DRIvE program is a great way to help,” she said. “The mentors are extremely
helpful and supportive and have the tools and experience you may not have yet.
The strong Rady network connects you to a number of professionals who are
willing and excited to help you.”
The next generation
of innovators
The success of DRIvE has created a vast network of
interested mentors eager to share their knowledge and skills with budding Rady
entrepreneurs. The mentor network continues to grow to include more Rady alumni
who know the potential Rady startup leaders have to offer.
“Entrepreneurship and innovation are essential aspects of
the Rady School experience, and we’re doing whatever we can to expose our
students to as many opportunities as possible,” Jensen said. “We’re so thrilled
that students and mentors have been so actively engaged in the first DRIvE
cohort, so we’re excited to continue to grow the program.”
Expert Mentors Guide Rady Students to Entrepreneurial Success was last modified: March 6th, 2019 by Hallie Jacobs
What was it exactly that brought Melissa Fellner (MBA ’09) to the Rady School of Management in pursuit of an MBA? Was it because of her desire to continue her career in San Diego’s flourishing biotechnology industry? Maybe her devotion to UC San Diego – she holds both an undergraduate degree in biochemistry and a master’s degree in biology from the distinguished southern California UC. Perhaps it was the coveted Lab to Market accelerator that introduces entrepreneurial hopefuls to the ins and outs of launching a business? For Fellner, the choice of where to pursue her MBA was an easy one to make.
After a successful career in clinical research, Fellner
found herself looking for the next step in her career. While she was an expert
in trial and development, her skillset lacked the business acumen necessary to
push innovative products and procedures to the market.
“I had a lot of experience in research, but I wanted to
learn more about the business side of things,” she said. “I was really
interested in the biotech boom and was fascinated with all the early-stage
biotech companies launching right across the road from the Rady School. Being a
part of that movement became my next goal, and I knew that in order to pursue
it, I needed an MBA.”
Fellner joined the FlexWeekend MBA cohort while working
full-time for Vical, a biopharmaceutical drug development company. Between
finding time for her work and balancing a challenging courseload, Fellner’s
time management skills were put to the test. But succeeding in both her classes
and in her job was the confidence boost she needed to take her career to the
next level.
“Despite the craziness, it was empowering to be able to
juggle both work and school – it really proved to me how capable I was,” she
said. “It wasn’t easy, but it showed that I could get things done – and I did.”
After graduating from the Rady School, Fellner accepted a
job offer from fellow Rady alum at The Aequitas Group, a healthcare advisory
firm. After spending a few years in the consulting industry, she made the move
to pursue her passion in the biotech sphere, accepting a Manager Access
Services Operations position at biopharmaceutical leader AstraZeneca in 2012.
In her initial position, Fellner was responsible for
building out a new program designed for patients requiring specialty drugs for oncology
and respiratory diseases. This task was outside of her comfort zone – a
complete pivot from her clinical research experience. However, using the skills
and tools she gained from her Rady MBA, Fellner was able to build a program called
“Access 360” that is now a recognized leader in patient access support and
being rolled out globally at AstraZeneca
“My time at Rady was exactly what I needed to be
successful,” she said. “Not only did I learn valuable business lessons in how
to implement processes, secure funding for projects and how to work with
different teams to accomplish a common goal, it gave me the confidence to look
at a problem and say, ‘I can figure this out.’”
Her success with the creation and implementation of the
successful platform catapulted her career forward, moving up the AstraZeneca
ranks. She recently accepted a new position at the company, where she is in
charge of leading global consumer marketing strategies for respiratory
biologics. Her current project is to build new capabilities and market a breakthrough
treatment for severe asthma.
As she continues to thrive in the biotech space, Fellner
credits the Rady School for helping her find her dream career trajectory.
“I’m able to think innovatively, and because of that, I’ve
been able to set up new systems that support our patients,” she said. “I wanted
a career that would give me the ability to help patients, and thanks to my time
at Rady, I’ve found the perfect area that allows me to do just that every day.”
Never Stop Advancing: Melissa Fellner was last modified: January 30th, 2019 by Hallie Jacobs
Seven Rady-affiliated startups advanced to the next stage of the third annual UC Entrepreneur Pitch Competition, which celebrates the innovative and collaborative minds within the University of California System.
Devised to connect entrepreneurs at all levels with resources and mentors to help scale and launch their startups, the competition offers entrepreneurial hopefuls the opportunity to win $15,000 in seed funding.
The competition is composed of two tracks — an early-stage track for startups in funding round pre-Series A, and a later-stage track for startups in Series A and beyond.
Rady Teams
Bevea — A healthy, sustainable produced beverage made from discarded coffee fruit.
Blue Latitudes— An environmental consulting agency owned and operated by women with a mission to develop cost-effective solutions to environmental issues.
LeadCrunch.ai— An innovative platform that increases business to business sales and marketing by providing users with ideal leads using artificial intelligence.
Navega Therapeutics— A breakthrough therapy designed to combat the use of opioids by producing non-addictive pain management for patients.
Skinalytics— Personalized skincare designed to target the specific needs of each client using machine learning that links with a mobile device.
SurfUP— A new way to rent surfboards using a mobile application that simplifies the process of finding and renting surfboards using the shared economy model.
Veocor Diagnostics— A cost-effective system that improves the care of patients at risk of having stroke using cloud-based artificial intelligence.
To support Rady startup teams, click the link and vote on the page. Voters are able to vote on multiple teams.
Rady Teams Advance in UC Entrepreneur Competition was last modified: January 30th, 2019 by Hallie Jacobs
“Is it possible to fall in love with a country you have not been to?”
This was the question I asked a friend who was part of the inaugural Israel Immersion Program in December 2012. My Flex Evening 2014 (FE14) cohort was very fortunate to have had the opportunity to not only be part of the first-ever US-Israel Center (USIC) Immersion Program, but to be given that same opportunity again the following year right before we graduated.
The Application
I’ve always admired classmates who find the balance between the rigorous demands of school while maintaining a full-time job, all the while never neglecting to squeeze in some fun and participating in various Rady activities in the process. I’ve never been one of those people, save for the occasional Home Plate shenanigans before, during, and after class. Somehow, however, I’ve always known that applying in the Israel Immersion Program was something I was going to try at some point in my life. And five years after taking my last final exam at Rady, here I am telling you all about the experience.
The Preparation
Learning that I was accepted in the USIC Immersion Program gave me the same ecstatic feeling I had when I found out I was going to be part of Rady’s FE14 cohort – so much so that after being assigned Startup Nation as a required reading for the trip, I’ve pre-immersed myself in various other books about Israel: Our Man in Damascus, Rise and Kill First, Son of Hamas, Israel: An Introduction, and Mossad. After the first briefing, I began hiking again to prepare for Masada. I may have gone overboard when I also started binge-watching Fauda, Mossad 101, and Hostages on Netflix. In doing so, I even managed to pick up a few Hebrew words. Finally, to obtain a more balanced perspective on the Israel-Palestine conflict, I borrowed the documentary 5 Broken Cameras from the library, which I made an effort to watch the evening before my flight.
The Obsession
My fascination with the country has a lot to do with being raised Catholic. It’s always been a dream of mine to do a pilgrimage in Israel and visit all the Christian sites in order to walk the same path as Jesus did. As I grew older, however, my curiosity turned into the country’s sophisticated national security and full-on espionage stratagem. Now that I am pursuing a career in Health Information Technology, my interest in Israel has evolved into knowing more about its high-tech industry and how it can be leveraged for the greater good. Simply put, Israel contains the trifecta of my favorite things: Tech + Jesus and a splash of the Mossad.
The People
Call me biased, but even our TAs said that FE14 was one of the best and most fun-loving cohorts Rady has ever had, so I was a bit skeptical when I found out none of my contemporaries would be part of the trip. After the first mandatory class, I knew that it might be asking a lot to find more Amy Gundersons or Matt Archers to spice up the immersion experience, especially since five years after graduation, this bunch is definitely going to be a lot younger than I am. Besides, the trip was only a week long, so I had no high hopes of meeting a new set of Gossip Girls to spend future milestones with.
But as with any startup success story, my trip began serendipitously. My proclivity for isolation has brought me to sit with Dipixa at lunch for the first meet and greet, and Ben during the Israel welcome dinner. It’s amazing how both of these unconscious decisions, driven mostly by my preference for more intimate social interactions, determined how fulfilling this trip would be. I don’t think I would have enjoyed the program as much had I not spent time gallivanting with these like-minded souls.
Dipixa said it best when she wrote that the most memorable part of the trip were the people. From sharing deep, dark secrets with the Assistant Dean, Christie, and Robert; bumming a drag from Diego and Erez; recognizing Leandro (the map) from Mauro (and failing to be his wingwoman); pulling a prank on Chris; embarrassing El Bryan, the El Presidente on Venmo with his BTP moment; rooming with Olesia and admiring her courageous travels; sitting on benches with Daniel; exchanging photos with Felix; singing Coldplay with Sahil; giving Jaden his third official call sign; harassing Sean in his bathrobe; working out with Katy; figuring out that Valerie IS Janzino; woman-crushing on Mimi; speaking Italian to Mauricio; singing happy birthday to Lijun; taking photos of Ming, the self-designated photographer; praying at Holy Sepulchre with Shashita; doing what I do best and making Jasleen, Juliana, and Rumpa a wee bit uncomfortable; spending long walks and heart-to-heart talks with Ben and Dipixa; and adoring Ayelet even more than I already did.
The Company Visits
When I was still in business school, corporate social responsibility was a “nice-to-have” when we evaluated companies. With the Israeli startups we visited, I was very pleased to learn that the social aspect was actually what a lot of the business models were based upon. Furthermore, this new set of Rady MBA candidates I went on the trip with always challenged the speakers with how the startups plan on giving back to society.
The two companies that are near and dear to my heart are BKind and Brainsway. As a Diversity and Inclusion Champion at work, I find BKind’s pay-it-forward gesture of spreading kindness as a way to be inclusive. Often times, people know to focus on diversity, but they overlook inclusion. BKind, in its own way of spreading kindness around the world in a tactile manner, eradicates our propensity to hide behind our screens. And with Brainsway, helping people achieve mental health is a fundamental initiative I will always want to be a part of any day.
The Culture
The pride that each speaker exuded as they explained how Israel is a startup nation was infective. Each provided different flavors of what it meant to them and their companies to be a startup nation. As for the overall Israel vibe, the cities were alive, no matter what time of day or night. Despite the negative news coverage we get stateside, I found comfort and security in walking the well-lit streets of Jerusalem, the Dead Sea, and Tel Aviv, even in solitude, as the cities were constantly bustling with seemingly happy people. I also felt very welcome in the Israeli-Arab community of the Bedouins with their tremendous hospitality. Most importantly, as an introverted (sometimes shy) individual, what I admired most about the culture was the Israeli chutzpah and is truly something I desperately want to emulate. Being direct without being rude, and accepting failure as a mere opportunity to try again, were great ingredients to creating successful startups – IMHO, these were the trip’s prized exposure that were extremely relevant for people seriously considering taking their Lab 2 Market ideas to the next level.
The Historical Sites
The Old City of Jerusalem was exactly how I imagined it to be and so much more. But there were a lot of unexpected and pleasant surprises I found along the way, such as the hotel’s proximity to the Dead Sea; the late night solo walks (I’m scared of everything, especially people); the visit to Nahalal and the Necropolis of Bet She’arim; and crawling inside what was purported to be Jesus’ tomb.
The Food
I’ve always found Mediterranean food to be too healthy. Yet, in Israel, I’ve never had such decadent and generous spread of courses, only to find that the amount of good food I ate were only appetizers. Both the welcome and farewell dinners were something I want to be able to find in San Diego. I’d even drive to LA or fly to San Francisco if I could find something up to par with the authentic Israeli dishes we had. There was never a shortage of food, even for vegetarians like Dipixa or people with food allergies, there was always a succulent dish to be had.
The Gneezys
The Gneezys always know how to do things right. Negotiations weekend was perhaps the most memorable part of my Rady experience, but Israel Immersion now takes the cake. Whether the class is with Ayelet or Uri, I somehow always come out far richer and more knowledgeable than I actually think I am. What they teach is beyond the concepts of the class – it is the overall experience that makes one feel whole. It’s as if prior to participating in their classes, you don’t even realize that something is missing from your life until you leave the class extremely fulfilled. I, for one, have learned invaluable social, professional, and life skills from both of them, which I carry with me wherever I go.
The Trip of a Lifetime
I do believe that students are terribly missing out if they leave Rady without participating in the USIC Israel Immersion Program. In hindsight, I probably would have enjoyed this trip a lot more had I shared this experience with Pete or Abby. As an alum, though, I’m fortunate to be given another chance. I am definitely grateful for the opportunity to relive the Rady experience and expand my network outside of my tight-knit FE14. The best part? I got to be nostalgic without having to worry about grades.
So is it possible to fall in love with a country you have not been to? As Ayelet said prior to the trip, I will be even more in love with Israel after I visit. She was not wrong. I’m already trying to find a way to convince my boss if I can work remotely for 3-6 months from Israel. Our VPN firewall rules do not allow network access outside of the U.S., so this will be challenging, but as I’ve learned from Uri, it does not hurt to negotiate and ask for anything. After all, I’m still קינדסומ תשפחמ.
As for my concerns that this group may not be as fun, I think Rady has a knack for putting together an eclectic mix of people. One is bound to find lifelong friends even in a short, week-long intensive period of time. Dipixa, Ben, and I have already maintained a group chat and are planning to hike and brunch regularly like basic sabiches. I can’t wait to be part of their future milestones just as I have with my Gossip Girls.
The Trip of a Lifetime: Israel Immersion 2018 was last modified: January 4th, 2019 by Vanessa Cabiling
Earning an MBA from the Rady School of Management was another accomplishment on Mariana Melcón’s (MBA ’14) long list of academic and professional achievements. Boasting a resume that includes a Ph.D. in Animal Physiology, publications in top academic journals and research experience in world-renowned laboratories, Melcón is well-versed in what it means to be a dedicated scientist.
As an expert in bioacoustics, Melcón studies the way sounds affect underwater ecosystems. Though her academic career was thriving, she knew her impact in the field could be more significant with a background in business.
“I wanted to get an MBA to become more employable,” she said. “I was interested in learning more tools and skills that I hadn’t developed during my scientific studies. I was drawn to Rady because of the high numbers of scientists active in the program.”
Within her first few weeks at the Rady School, Melcón immersed herself in a number of activities and organizations during her time at the Rady School, taking advantage of the wealth of opportunities to learn and grow. She interned as a marketing consultant at a small digital marketing company, and served as a business development for Sense4Baby, an innovative fetal monitoring system for expecting mothers. She also took a teaching assistant role, assisting with the Quantitative Analysis, Operations Strategy and Architecture-Based Enterprise Systems Engineering courses offered at both the Rady School and Jacobs School of Engineering.
Despite diving head-first into the business world, Melcón couldn’t shake her passion for research, so she joined the Life Science Club. “I joined the Life Science Club because I figured it would be an excellent opportunity to combine my new-found interest for data-driven analytics with my love of science,” she said.
Change of plans
With a more generalized love for data analytics, Melcón decided to take on a new career path. She leveraged her Rady School network and was offered a Pricing Analytics Manager position HP Inc., and has been flourishing in her career ever since.
“Getting into data analytics was the perfect transition for me,” she said. “It took me quite some time to realize that breaking what you love doing into single units gives you more opportunities. A big passion of mine is playing detective with data and I apply this task in many different settings beyond biology. Understanding this led me to take my analytical science and critical thinking skills and transfer them into real-world business applications, while truly enjoying my job.”
Though her full-time job kept her busy, Melcón still found the time to volunteer her expertise serving as advisor and consultant for Argentina-based cetacean (whales and dolphins) conservation foundation Fundación Cethus.
This summer, her scientific and business worlds collided when she was invited to the United Nations to serve as a panelist for the Nineteenth meeting of the United Nations Open-ended Informal Consultative Process on Oceans and the Law of the Sea. Serving as an expert on bioacoustics and underwater noise, Melcón was called to share her experience and knowledge on “Cooperation and coordination in addressing anthropogenic underwater noise”. In this session she shared her story on how she was able to start from scratch in a developing country to get equipment, train human resources and build an international network that made it possible to be leading bioacoustics research on cetaceans in South America, and addressing important issues such as impact of noise on these animals.
“My time at Rady was instrumental for my success addressing the world leaders at the United Nations,” she said. “My courses helped me prepare a compelling argument to influence the audience. Also during my studies at Rady, I learned to collaborate with a diverse group of students to accomplish a common goal that turned to be a stepping stone to many of my accomplishments.”
Presenting her research on the world’s stage was a dream come true for Melcón. In addition to sharing her research in bioacoustics, she was able to make a case for cross-country collaborations and the benefits of working with scientists from developing nations to accomplish global sustainability and nature preservation goals.
“Rady exposed me to paths and opportunities I never knew were available to me,” Melcón said. “My MBA experience helped me open my mind and see how different backgrounds and disciplines can work together to solve problems and devise new, innovative solutions.”
From Scientist to Data Expert to UN Presenter was last modified: January 3rd, 2019 by Hallie Jacobs
Robin Clough (MBA ’14) is the co-founder and CEO of Tequila Enemigo, a luxury tequila company that has won 5x Double Gold Awards across three continents within one year, and is now served at some of the world’s best venues, including The Ritz Hotel and Annabel’s.
“We initially launched in London in September 2017 to surprising critical acclaim — earning accolades from Forbes, Business Insider and CNN — culminating in our launch in NYC in November,” Clough said.
Enemigo’s award-winning Tequilas are now available in store in NYC at the prestigious Park Avenue Liquor and online nationwide at www.parkaveliquor.com. The company also released an exclusive first edition bottle only available in the United States.
Clough was part of the Rady Full-Time class 2014, and while at Rady he was part of the Entrepreneurship and Venture Capital clubs.
1) What impact has Rady had on your career progression?
First and foremost, I met my co-founder Sebastian Gonzalez (MBA ’14) at Rady, and together we built what Tequila Enemigo is today. For me, Rady was a slightly different experience to most. I arrived as a 23-year-old straight after graduating from college in London. I left Rady jumping straight into a product management role at Hewlett Packard leading an eight person software development team and with the foundation of a future successful luxury company already in motion.
2) Has your Rady MBA enabled you to change industries or functional areas or even achieve a promotion?
I decided to pursue an MBA at Rady because I knew that starting my own company was what I wanted to do and it felt like the best way to develop the cross-functional foundational skills needed. I quickly realized that product management at a tech company was the perfect next step toward entrepreneurship while our Tequilas would be aging. My class had other students who were directly looking for similar roles and as most were years ahead of me, I had an instant step up in knowledge seeing how they went about developing their skills.
3) What event or realization served as a ‘turning point’ for you during your Rady School and/or professional career?
The biggest moment happened a few years after graduating from Rady where I took a step back from product management and worked out what drove me. By this time Enemigo had already begun and our Tequilas were about to come out of the barrel, I quickly confirmed that Tequila Enemigo was my full next step and that I was finally ready.
4) Tell us a fun fact about you, or something people may not know about you.
I am the youngest founder of an international luxury liquor brand. I got accepted into Rady five days before term started, after completing my full GMAT prep and test in the 3 weeks prior.
5) What is the most memorable moment from your Rady School experience?
From a professional standpoint, it has to be the first term progression. Still jet-lagged, I naively walked into the class on day one surrounded by experienced, mostly mature classmates, leagues ahead of me career-wise, and left at the end of the first semester 100-times ahead of where I started. From a personal standpoint, I have worked with many of my classmates and close friends after Rady. Peter Butler (MBA ’14) and I were product managers at HP on the same team, which was run by Rady alum Aron Tremble (MBA ’07), and Sebastian is my co-founder for Enemigo. All the times we had brainstorming different projects, trips to Mexico and skiing in Tahoe enjoyed with a glass of Enemigo — those are the best moments.
6) How have you applied your studies to your career?
The biggest things I still reflect back on are the case studies — I still draw on scenarios from On Amir’s marketing class, Operations, Accounting, and Corporate Finance.
7) What advice do you have for prospective students?
Often times at business school, there is extreme pressure to be involved with every part of what’s going on, be in as many clubs etc — I would argue that your number one goal is to work out what you want to do after you graduate, and then really focus in on what the school and clubs can do to help you achieve that. There is at times a lot of class work, but also a lot of free time too — the most successful people in our class now were the ones who used their free time wisely.
Alumni Spotlight — Robin Clough was last modified: November 28th, 2018 by Hallie Jacobs
Building and developing is in Keegan McNamara’s (MBA ’10) nature – whether it be in real estate ventures or supporting community-based initiatives. As the principal of a real estate company, with more than 20 years of experience in the business, McNamara is well-versed on how to build a project from the ground-up. But his newest project goes beyond acquisitions, entitlements, and construction – it’s about leveraging his success in the industry to support a flourishing nonprofit.
McNamara came to the Rady School during a pivotal moment in the United States’ economic history. Three days after beginning his MBA program, the 2008 stock market crash hit, decimating the economy.
“Three days before my first day at Rady, Lehman Brothers filed for bankruptcy, and that was really the first domino in the entire meltdown of the economy,” he said. “Throughout my journey at Rady, it seemed like things were getting worse in the economy every day. Every Friday the FDIC would announce a new list of banks that they were closing down. It was surreal.”
Initially, McNamara was uncertain of the value of obtaining an MBA or not in an increasingly uncertain job market, but the crash reaffirmed his decision.
“Because I was a real estate person, I was kind of on the fence about going back to school,” he said. “I wanted to get an MBA – it was a goal of mine. But once the subprime market hit a year before the 2008 recession, I thought, ‘Now’s a really good time to get another degree.’”
When it came to selecting an MBA program, the choice was easy for McNamara. With a focus on entrepreneurship and an innovative approach to curriculum, McNamara knew the Rady School would arm him with an arsenal of skills and tools to succeed in all aspects of business.
“The reason I went with Rady’s MBA program is that I wanted a broad business background,” he said. “I didn’t want a real estate specific MBA. I also wanted to go to the best school in town.”
With an already thriving professional resume, McNamara pursued an MBA to help him acquire the tricks of the entrepreneurial trade to help him launch his own business. After graduating from Rady, he launched McNamara Ventures – a real estate development and investment company focused on residential and mixed-use properties.
Giving back by paying it forward
Through the success of his business, McNamara has found that the best part of his career has been giving back to the community. During his time at the Rady School, a classmate introduced him to the Barrio Logan College Institute, an afterschool program designed to help students in the Barrio Logan neighborhood of San Diego succeed. After attending a fundraiser event, he was hooked.
Initially, McNamara used his skills and real estate ties to help the organization find a new and improved facility to operate in. But once he learned more about the organization’s incredible reach and influence – such as boasting a 100 percent high school graduation rate of program participants, with 100 percent of students choosing to attend college – McNamara decided to get more involved with Barrio Logan College Institute. He now serves on the Board of Directors and has various roles on Executive Leadership committees.
“It’s such an inspiring organization – 100 percent of the kids go to college! And they are usually the first in their family to graduate from high school, let alone attend college. The more I give to this organization, the more I get back,” he said. “I’ve met so many incredible people from the community and the kids are extremely driven and motivated. It’s inspiring to see them succeed and pursue their passions and dreams.”
In addition to helping BLCI locate the perfect permanent home, McNamara’s team has pledged to donate to the organization. His team recently completed the construction of a townhome project, Guild on 30th, and with the help of key consultants on the team and an anonymous donor, the combined efforts raised $30,000 to support the BLCI mission.
Lessons learned
One of the most important lessons McNamara learned during his time at the Rady School? Networking and building relationships.
“The relationships I’ve built over the years with classmates, alumni and the professors have been invaluable,” he said. “The Rady network is constantly growing – there are so many events and opportunities to meet with business experts and venture capitalists. I have a much broader network of folks who are outside of the real estate industry, in the tech field, the science world, and so many friends who are extremely successful.”
McNamara also feels compelled to give back to the school and program that has given him so much. He recently joined the Rady Alumni Board and is working to increase communication and engagement to ensure alumni stay connected to campus. He also presents in Rady classes, and emphasizes the importance of getting involved with socially-responsible ventures like Barrio Logan College Institute.
Becoming more connected to Rady helped McNamara get even more involved with his altruistic side. This summer, his worlds collided when he fostered his connections and brought Launchpad – a Rady program that introduces high school students to Rady School entrepreneurial resources and the startup community – to the kids of the BLCI. The weeklong program gave the future entrepreneurs a chance to foster business ideas and even pitch their companies to a panel at the end of the week.
Finding a balance between personal and professional life is a difficult one to achieve, but McNamara’s connections to his community and alma mater have made the transition from one to the other seamless.
“It’s easy for most of us to get stuck in our day-to-day routines because we’re so busy at work and it’s hard to imagine taking time to give back,” he said. “But giving back is an essential part of being a balanced person and the rewards are so tremendous.”
Next Steps
McNamara’s plate is full, but he sees his busy schedule as a privilege and a calling. He and his BLCI team are working to expand the program, both in scope and location.
“Right now we are in negotiations for a long-term lease for an incredible property that we hope will be the forever-home for BLCI,” he said. “Our current lease is expiring in a year, so we need to move again. I love urban infill and community revitalization, and this will be a tremendous opportunity for an adaptive re-use of two buildings that have served the community of Barrio Logan for two generations already. The owners are incredible people who have the vision to see their properties creating an even longer-term legacy in the community. I’m so honored to play a small role in helping the organization grow and move into new space.”
Building Businesses and Communities was last modified: December 5th, 2018 by Hallie Jacobs
Elaine Kub (MBA ’07) was one of the few students who came to the Rady School of Management directly after earning her undergraduate degree in engineering.
“It was great to learn from classmates who had already been out in the real world, and at the same time to contribute a different kind of wide-eyed energy,” she said. “Our class had a good time harnessing the startup spirit for a multitude of new clubs and organizations. Ultimately, it was the math and analytical skills, refined in Rady’s finance and investment courses, which set me on my professional career trading and writing about the commodity markets.”
What impact has Rady had on your career progression? When I entered the program, I was fairly unsure about what direction I wanted my career to take, but my Rady connections opened my eyes to career opportunities I wouldn’t have otherwise known even existed. An idea and a connection will get you just so far, however. It was the knowledge and skillset learned in the classroom which truly made it happen. Without the classes and events at Rady, I would have had no idea there was so many opportunities for funding new business ideas, nor would I have known where to begin the formal process of starting a business.
Has your Rady MBA enabled you to change industries or functional areas or even achieve a promotion? I started with just an undergraduate degree in Industrial Engineering and ended up with a career in the investment industry. That might have been possible without an MBA, but my years at Rady were definitely an inspiration.
What event or realization served as a ‘turning point’ for during your Rady School and/or professional career? After speaking at a conference, someone came up to me and asked for reading recommendations on the topic I was presenting (agricultural commodity prices). It occurred to me that there wasn’t really anything out there. Looking at it in the entrepreneurial mindset taught at Rady, that meant there was a market opportunity! I think having a well-rounded education from Rady gave me the confidence to step up and write my book, which fits well into that particular niche of market opportunity.
What is the most memorable moment from your Rady School experience? Early in the first year, we were individually captured on video, just speaking extemporaneously about ourselves. This was so we would have to watch it and truly see how we appeared to others. That was eye-opening. It really showed me the value of growing up and getting “polished” by business school before going out among others in the real world.
What is the best thing about being a Rady alumni? Always having a great reason to go back and visit beautiful San Diego!
Tell us a fun fact about you, or something people may not know about you. So far I’ve been to five of the seven continents. It’s just the long flight to Australia and the next leg to Antarctica which are holding me back!
Alumni Spotlight: Elaine Kub was last modified: June 26th, 2019 by Hallie Jacobs
Christopher Russow graduated from the Rady School of Management’s FlexMBA in 2014.
“I actually started in the FlexEvening program, and during my second year at Rady I ended up switching to the FlexWeekend program for greater flexibility,” he said. “This is a perfect example of why the Rady FlexMBA was perfect for me, as it gave me the flexibility to manage my career, my personal life and my pursuit of an MBA degree all at the same time.”
After graduating in 2014, Russow’s MBA experience helped give him the confidence to leave his previous job to go out on his own and pursue a career as an independent consultant. After consulting for a few years both domestically and in Europe, an opportunity came his way in 2017 to start a business with a former boss and mentor Sean Marsh, who is now his business partner.
“Our startup, Tangello, is disrupting the mortgage industry by creating a mortgage-less solution to affordably finance and buy a home that you love,” Russow said. “Starting your own business isn’t what it looks like on TV, and the skills I learned at Rady, as well as the support of the Rady School and my cohort, have really been invaluable.”
Outside of his current role with Tangello, Russow enjoys spending time with his wife Gabi, investing in real estate and other startups, and tinkering with classic German cars.
Why did you decide to come to the Rady School?
I had been thinking about getting my MBA for several years, and shortly after moving to San Diego to start a new job, the desire to get my MBA bubbled to the surface once again. I weighed the options available to me locally, as well as what I could commute to (either by car or plane) and decided that the Rady School of Management FlexMBA program was the right one for me.
The first thing I thought about was the fact that UC San Diego is part of the California Public School System, and as a lifelong supporter of public education, this was very important to me. Second, there are a bunch of great aspects to Rady’s program offering; the faculty are outstanding, the program is flexible and perfect for people who are working full-time, and it’s centered around entrepreneurship and the idea of cultivating startups and helping its alumni to enter the startup world. Finally, you just can’t beat the location, both of the school (you can see the ocean from campus) and of San Diego itself.
What was the most valuable thing you learned while at the Rady School?
It’s hard to really pick one thing as the “Most Valuable” thing that I learned while at Rady. I could talk about the Business Model Canvas, which is an incredible tool that anyone starting a company should utilize. I could also talk about the Lab to Market program, which isn’t really “one thing” but was a critical part of my Rady education. But even more than what I mentioned above, the thing that really stood out to me was the overall shift in the way that I evaluated business opportunities before my MBA and how I evaluate them now.
Before Rady, any time one of my friends mentioned their “new innovative startup idea” I would share in their excitement and enthusiasm, but not really understand if that idea had strong potential or how it could become a real business. After Rady, I feel like I can comfortably evaluate (on the back of a napkin sometimes) the potential of new business ideas and can quickly assess the value of those ideas in real time. This skill, of being able to evaluate opportunities, is what eventually drove me to start a company, based on what I felt was an incredible opportunity in a market I had a competitive advantage in.
What advice do you have for prospective students?
Take your MBA program seriously. I know that should go without saying, but it’s easy to get caught up in work, life, etc. and let some of the deliverables from your MBA program fall by the wayside. The reality is that what you get out of your MBA program will be directly correlated with what you put into it. Attend events, lectures and social gatherings. Take classes that are outside of your comfort zone and that challenge you. The MBA experience is about filling any gaps in your skill-set, forging lifelong bonds with your cohort, and creating a solid foundation from which you can pursue your post-MBA goals, whatever they may be.
Alumni Spotlight — Christopher Russow was last modified: October 16th, 2018 by Hallie Jacobs