GEWPennState 2016 has ended
Global Entrepreneurship Week Penn State celebrates the Community of Entrepreneurship. Penn State and the communities surrounding the campuses that are emerging as a vibrant collective of independent thinkers who work together to get important things done. This is the vision of community enabling a better world through collective effort.

At University Park each day has a theme: Go Freelance!, Social Entrepreneurship, Intrapreneurship Innovation, Entrepreneurial Women, Start-Up Shake-Up.  Keynotes are from noon-1:00 (except Wednesday) and master classes follow the keynotes. Perspective Panels, 3-5 experienced entrepreneurs talk about their successes and failures, are held from 3:00-4:00. From 4:30 to 6:30 every day you will find workshops.  New Leaf Initiative  sponsors networking opportunities every day from 6:30-8:00 followed by Flavor Flights, sponsored by the CBICC, every evening from 8:00-9:30.

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Tuesday, November 15 • 1:30pm - 2:30pm
UP--Master Class: Hung Ly (Open to all)

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This session will help students actually work through the specifics of building a new business that has the potential to be franchised both in the United States and around the world.
"How To Create A Successful Franchise"

- divide the group into teams and give them the following challenge:

Identify an existing business or create a business idea that could be successfully franchised both in the U.S. and other countries.  Be prepared to make a 5 minute presentation that covers the following:

  • Describe the Idea & Its Value Proposition
  • Describe why this idea is great candidate for franchising
  • Describe in detail the type of person who will be your ideal candidate as the franchisee
  • Will you begin in the U.S. or another country and why
  • If you begin in the U.S., what level of success will you need to achieve before you move to other countries
  • What will be the first three countries you move to outside of the U.S. and why

We give them about 15 - 20 minutes to work on their presentation.  Hyung Ly can move from team-to-team very quickly providing advice and answering questions.

They make their presentations to judges. Hyung Ly makes closing remarks regarding the total effort. 


avatar for Hung Ly

Hung Ly

Owner/Operator, Chick-fil-A
Hung Ly began his career with Chick-fil-A in 2002, when he opened his first unit in Baltimore, Maryland. In 2007, Ly opened a second unit and in four years has built his business from $3 million to $6.5 million in sales and achieved the company’s Symbol of Success Award in 2007... Read More →

Tuesday November 15, 2016 1:30pm - 2:30pm EST
Happy Valley LaunchBox 224 S Allen St, State College, PA 16801
  UP-Intrapreneurship & Innovation, Master Class

Attendees (6)