Lazy Faire- November 2019 by Lazy Faire

NOVEMBER 2019

NICOLE SANCHEZ Face of Hempact, UAlberta’s product changing women’s lives

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FOR BUSINESS STUDENTS, BY BUSINESS STUDENTS

Meet the Team

We hire U of A Alumni! What are recent University Graduates saying about their Xerox Agent Sales Career? About Segue Systems

ERIKA SCHNESYUK Bachelor of Commerce , Marketing Major School of Business University of Alberta

(Edmonton & Calgary Locations)

When you work for Segue Systems, you’ll experience the autonomy offered by an independent business and the support and resources of a respected, global leader. From a diverse range of products and solutions to sales training and support that is acknowledged throughout the world as ‘best in class’, you will find working for an independent Xerox Sales Agency will lay the foundations for your career success.

Segue Systems is proud to be a Lazy Faire Magazine print sponsor. Join our winning team. Apply today at: http://www.findyourxfactor.ca

https://www.xeroxagentsales.ca https://www.xeroxagentsales.ca https://www.xeroxagentsales.ca

I like working at a Xerox agency because there is so much support, you never feel like you’re alone with any aspects of the job. There is a team mentality as well as the opportunity to work independently and meet personal as well as company goals. They push and challenge you to meet your goals and to succeed both within the job and personally. The best part is that you’re doing something new everyday, it isn’t just a routine job where you sit behind a desk. I get to interact with customers from many different industries and get to meet a lot of different people in different roles within companies and really build personal and business relationships with them.

AMY HAYWARD Bachelor of Kinesiology University of Alberta The team atmosphere really sets this job apart from all others I’ve had. Everyone wants everyone to succeed and is willing to help out in whatever way they can. And no two days are the same which keeps things fresh and exciting. You get to be a part of every stage of a sale and can really figure out what you like and what’s crucial for your future.

MAKSYM PRYMA Bachelor of Commerce Human Resources Management MacEwan University Working in the Xerox agency program has been immense for the development of my business acumen post graduation. The variety of work in this role allowed me to leverage many concepts I learned during my undergraduate program and develop new skills and have unique experiences that are unavailable to many new graduates in the City of Edmonton. Overall, this role is ideal for anyone looking to sharpen their sales, marketing, finance and accounting skills that they developed in post secondary.

Photo by: Dylan Wee

ABOUT US

Lazy Faire is a magazine run for business students, by business students. Founded in 2009, we have grown from a small group of eight into a team of 18 writers, designers, photographers and other talented members. Our goal is to provide content that is interesting, informative, and relevant to Alberta School of Business students. We showcase current and alumni student experiences and achievements, plus their take on modern topics, both serious and light-hearted.

OUR SOCIALS IG: lazyfairemagazine TW: lazy_faire FB: lazyfaire www.lazyfaire.com

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Editor’s Note

Contributors VP EDITORIALS Denise Nguyen Rachita Chugh WRITERS Timiro Mohamed Samuel Hughes Steven Prysunka VP ART AND DESIGN Melania Antoszko DESIGNERS Leire Domènech Karman Kaur Jazlynn Chan Ivy Zhou Katia Wlasichuk VP MARKETING Daniela Nadeau VP EVENTS Charlotte Grisé VP OPERATIONS AND FINANCE Erica Wee PHOTOGRAPHERS Jenna Silverstone Levi Soprovich SUITS LF DIRECTOR David Dang SPONSORED BY Xerox Canada SPECIAL THANKS TO Diana Wyley and Maksym Pryma

Editor’s Note What exactly does the word “entrepreneur” bring to mind? Chances are, to most people, it’s an image of a young, tech-savvy, business owner trying desperately to see their new creation really come online in the marketplace. Whether they be undertaking this endeavor on their own, or with a group of equally starry-eyed and hopeful ‘friends-slash-business-partners’, the path to entrepreneurship is by no means an easy one. And, in truth, this stereotypical image of what an “entrepreneur” looks like only begins to scratch the surface. There is no simple definition for the word. Likewise, there can be no textbook or manual, no ‘How to be an Entrepreneur 101’ class, that one can use as a concrete pathway to entrepreneurship. Sure, classes on it do exist - our own Business school even has an Entrepreneurship and Innovation BCom major - but how well can a sit-down class environment

really teach entrepreneurship? There are plenty of skills associated with it that you really need to hit the streets to learn the hard way. Our theme this month is ENTREPRENEURSHIP, where we want to explore living in an age where technology makes it possible for anyone to create their own startup overnight. However, with everyone being able to become an “entrepreneur”, what does it really mean any more? And how does one stand out from the crowd? In this issue, we’re going to be sitting down with entrepreneurial initiatives coming from our own university clubs, like Hempact and eClub, chatting with Filistix about their entrepreneurial journey, and debating between whether the Entrepreneurship and Innovation BCom major is really worth it. Read on!

VALERIE LEOW Editor-in-Chief

FOR BUSINESS STUDENTS, BY BUSINESS STUDENTS

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Table of Contents

Meet the Team

Social Studies Provincial Tuition Hikes

Thought vs Thought Is an entrepreneurship degree advantageous to becoming an entrepreneur?

Student Spotlight

Nicole Sanchez on the impact of Hempact

External Relations

Ariel Del Rosario from campus staple, Filistix, talks about entrepreneurship in the restaurant business

Clubs Corner

EClub, a student-run club with a mission to foster entrepreneurship

Events

Learn more about BEA’s case competition and Lazy Faire’s Power, Point and Shoot

LF Reviews Most iconic business characters in movies and TV shows

Miscellaneous We asked students to tell us their funniest BUS 201 experiences

Want to be on the cover of Lazy Faire Magazine? Nominate yourself or a friend under “Contact Us” on www.lazyfaire.com

MEET THE TEAM FOR BUSINESS STUDENTS, BY BUSINESS STUDENTS

Jazlynn Chan

Samuel Hughes

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Meet the Team

Charlotte GrisĂŠ

Designer

Writer

VP Events

Hey! My name is Jazlynn and I am a designer this year for Lazy Faire. I am in my fourth year of studies with a major in Marketing. I enjoy designing as I have always loved making art from a young age and it also serves as a creative outlet for me. One of my favourite books is Circe by Madeline Miller, 10/10 would recommend if you are looking for something new to read or love retellings of greek mythology. I decided to join Lazy Faire because I wanted to try a different form of design and learn new skills. I look forward to everything this year will bring and am very excited to be a part of the team!

Sup. My name is Sam Hughes,(4th year Business Economics and Law) and I am writing to introduce myself as a new member of the Lazy Faire writing team for the 2019-20 Academic year. Something I like to let people know is that I can be a bit abrasive when you first meet me, but I tend to grow on you. Like a tumour. I am passionate about writing because words are the key to the inner workings of the mind. If you can write clearly, it means that you are thinking clearly. And some of your best ideas come about on a sheet of paper. I decided to join Lazy Faire because I am always seeking new challenges to enhance my writing prowess. The more you challenge yourself and step out of your comfort zone, the better a person you become. For these reasons, I am happy to be able to have the opportunity to contribute to the Lazy Faire this year.

Hi! My name is Charlotte and I am this year's VP Events for Lazy Faire. I'm in my fourth year of my degree with a major in marketing and a minor in international business. This is my first year with the club and I'm very excited to be part of something within the school of business. I decided to join Lazy Faire as I'm graduating this year and wanted to help create something other students would enjoy and benefit from before I leave. If I'm not doing school work or studying, you'll catch me doing my favourite activities: watching endless TV shows and movies or playing intramural dodgeball or soccer. I'm super passionate about entertainment and would love to work for either NBC or Disney (to get all those Marvel secrets). Looking forward to this year and for you to read our great magazine and check out some events we will be having!

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Social Studies

WRITTEN BY: Denise Nguyen DESIGNED BY: Karman Kaur

Provincial Tuition Hikes

niversity of Alberta President David Turpin’s early October speech left students and stakeholders feeling uncertain of what was to come. Turpin stated that cuts to post-secondary education funding were indeed on the provincial UCP agenda. This proposal is part of a plan to balance the budget by 2022-23, which includes cutting $600 million in government and funded services.

A CBC article indicates that there is some interest in alleviating the impending changes through other means than increasing school fees, such as enrolling more students. The University of Alberta currently has “one of the lowest student-faculty ratios in the country.”

In mid-October, former “Cuts… can be offset by increases in tuition but Premier and leader of the we cannot expect our students and their families NDP government Rachel Notley condemned the tuition to shoulder this burden alone,” Turpin said. hikes, calling the increases a promotion of “the values of “Cuts… can be offset by increases in tuition but elitism and privilege at the expense of regular we cannot expect our students and their families Alberta families and their kids”. to shoulder this burden alone,” Turpin said. UCP Press Secretary Laurie Chandler called this Former Saskatchewan NDP Finance Minister reaction “fearmongering”, and wrote that “claims Janice MacKinnon released a report, of doubling tuition are outrageous and false”. recommending for cuts on “on key budget items As of the 2019-2020 year, the tuition freeze like education, health care and justice,’’ according remains in place.The University of Alberta’s to an Edmonton Journal article. MacKinnon website indicates that the tuition model increase states that funding for post-secondary should for both domestic and international students for have “less reliance on government grants, more the 2020-2021 school year after calculations. funding from tuition and alternative revenue More recently, the UCP has announced increased sources.” funding for apprenticeships and skilled trade The report continues to suggest for a “mix” of programs. budgeting more similarly to Ontario. Currently, Alberta spends about $35,510 per student, which is more than double the amount spent on students in other provinces, and $15,000 more than Ontarian students.

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Thought vs Thought

an entrepreneurship degree advantageous to becoming an entrepreneur?

With so many majors available, why take entrepreneurship? First, let’s look at entrepreneurship as a path.You have to leave your comfort zone and area of expertise to be an entrepreneur. Working for a large company, you can find a comfortable rut, and you can be siloed into your specialty and do well, so why take the risk? It’s exciting, diverse, and you have to be prepared for anything. As an entrepreneur you build something from the ground up. Being in charge of a project you created is rewarding in many ways and is one of the most fulfilling paths you can choose. With that fulfillment comes a different commitment. To see your vision become a reality, you have to have a different expectation of what work is. While iyou can get away with working 9 to 5 in most careers, as an entrepreneur, you have to be willing to always keep an eye on anything that comes up.You’ll need to be willing to learn new skills and have a handle on all sides of your business. The entrepreneurship degree has a lot going for it if you have the drive.You’ll need to bring the ambition and have an idea if you want to succeed.You can’t teach someone to have the vision necessary, but what an entrepreneurship degree can do is give you the tools to make that seed of an idea grow. With the challenges of being an entrepreneur in mind, take a look at the courses required for the Innovation & Entrepreneurship Specialization at the University of Alberta: they are diverse and interesting. From law, marketing research, venture capital and high tech business development, the skills offered in the degree are tailored to what an entrepreneur has to be: a flexible individual who has to be ready for any challenge. Getting exposed to the many hats an entrepreneur must wear to be successful is a great advantage. I reached out to Dr. Tony Briggs, Executive Professor of Innovation and Entrepreneurship, for this article and to quote him, “The critical thing is that a degree is more than just the knowledge, or credentialing. It is also about the networks, relationships and experiences that you expose yourself to. An entrepreneurship degree is perhaps the best way to introduce yourself to innovative networks and broaden you experiences with new organizations.” If you have the passion to make something that’s your own, this may be the major for you, and with incredible resources on campus like eHub that connect you with mentors, potential team members and funding, there’s no excuse not to put your newfound skills to use.

Yay WRITTEN BY: Steven Prysunka

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Thought vs Thought

Nay WRITTEN BY: Timiro Mohammed DESIGNED BY: Leire Domènech

Whereas many of the skills we pick up in the classroom while completing a business degree are necessary tools for business careers, much of what we need in the real world is learned outside of the classroom. We all know the value of the co-op program and opportunities for internships while still in school because we recognize the importance of experience. But, even as we navigate the business world, the resilience, ingenuity, and courage needed to leave the security of a traditional job and venture off into entrepreneurship can be gained beyond the workforce and outside of the classroom. Furthermore, although skills like public speaking, networking, and the ability to lead and manage staff, can be introduced in the classroom, the reality is that they are the result of practice. According to a 2017 survey completed by CNBC, 25% of American small business owners had up to a high school education or less, suggesting that much of the day to day operation of the business can be learned on the job. Of course, this presents challenges of its own. The mentorship, skills, and access to support networks that come with a post-secondary program provides students with a toolkit to draw from, while working to own and operate a business. Still, post-secondary is highly structured, uniform, and designed to be accessed on a mass basis. A survey from Hiscox in 2013 found that “66% of small business owners around the world said that they believed their education system did not encourage individual ideas and dreams”. In a system where standardized testing is used to determine one’s capacity to understand, and retain information, it is difficult to make room for individual expression. Of course, the structure of post-secondary education and the grueling pace of assignments, exams, and projects necessitate organizational skills and consistency. I would be amiss to assume that schooling does not provide a wide array of benefits for professionals. For many, it is the launching pad for a diverse range of successful careers. However, entrepreneurship is rooted in ingenuity and in presenting unique ideas and concepts, so as to offer something new to the market. And ultimately, the capacity for creativity can’t be taught.

FOR BUSINESS STUDENTS, BY BUSINESS STUDENTS

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Student Spotlight

HHH EEE M M M PPP AAA CCC TTT Nichole Sanchez WRITTEN BY: Sam Hughes DESIGNED BY: Katia Wlasichuk PHOTOGRAPHY BY: Jenna Silverstone

Hempact

In the spirit of entrepreneurship, Lazy Faire sat down with - a social enterprise started by University of Alberta students with the mission of providing eco-friendly products to reduce agricultural waste, promote sustainability, and educate others on feminine hygiene. Hempact’s idea was first developed in Summer 2017 and soon joined Enactus UAlberta as a project. Since its inception, Hempact has received much media attention and recognition both within the U of A community and outside.

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Student Spotlight

S T U D E N T

S P OT L I G H T Firstly, can you tell us a bit about yourself? What is your background and what are you pursuing in school? I’m in my 4th year of Business Economics and Law. I was in Accounting initially, but switched out after realizing that it wasn’t for me. I’m from Fort Saskatchewan and moved there from the Philippines 10 years ago. Can you tell us about the inspiration behind this business?

For sure - the product development is being handled by an interdisciplinary team of 17 students, however, we do still have team members dedicated to spread awareness and educate Edmonton’s youth and other stakeholders on the stigma around menstruation and beginning a conversation regarding the topic.

“Just go for it. Just take the risk.”

The idea sprung out of an innovation competition in Drayton Valley back in summer 2017. The following September, Enactus UAlberta took on the project, and this is where the original creators tried to develop the technology for this product. I joined in February of 2018 and started as a Business Developer; I needed ways to get involved in the business school, and since it was in the middle of the year, I didn’t have a lot of other options available to me. I’m glad I came across Hempact. I transitioned into a project management role since everyone on the project (at the time) was graduating. At Hempact, we’re trying to create a menstrual pad made out of hemp and bioplastic that will be completely biodegradable in 6 months. People don’t talk about periods and menstruation, so it’s often unknown that it can take between 500 to 800 years for products on the market to degrade naturally. Along that same vein, given the stigma surrounding feminine hygiene and menstruation, would you say it’s been challenging to administer the business?

How do you see your product and your business growing in the future? Do you have any ideas for new markets or new products? We’re currently still developing the prototype and are aiming to release it before December. We’re almost ready to launch; we’re trying to keep up with the technology and make sure that we have a good product before we do something with it. We’re looking at partnering with the SU because we think the university would be a good test market. Then, we want to expand into e-commerce and then eventually retail if feasible. We’re also looking to expand into the diaper market. Would you say that what you’ve learned at the school of business has helped you in running this business? If so, how? The biggest help was from Business 201 developing the business plan, group work, and leadership skills. The mentorship from our faculty advisors has been very helpful; they’ve been really good with connecting us with the right people and

holding us accountable. Most of the competitions we enter (which fund us) also come through the business school; so, the business school has definitely been a help in many ways. What role do you think that organizations like Hempact can play in capitalizing on the environmental-awareness trend? I think that one of the roles we can play is to increase the government’s awareness on such product options. We’re currently talking to the City of Edmonton to increase accessibility to these products, therefore, I think that having projects like this - that are talking about the environment and social impact of products - really help to get on the government’s radar and hold them accountable. What motivates you to succeed? I’m really passionate about impacting the community in one way or another, so social entrepreneurship is something I’ve always been interested in. Having Enactus as a continual support has been really helpful. Being passionate about something just makes me want to go for it. Do you have any advice for other students interested in pursuing Entrepreneurship? Just go for it. Just take the risk.What you learn by being an entrepreneur, you can’t really learn in class because you’re learning through first-hand experience.You might be scared or stressed out sometimes, but it’s a really great learning opportunity; you get to connect with a lot of great people. Surround yourself with a great support-system, and go after what drives you.

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I LOVE FILISTIX! YOU LOVE FILISTIX! WE ALL LOVE FILISTIX!

Filistix has been a campus staple since 2011. After a controversial decision by Aramark to end their contract, Ariel and Roel (Co-founders of Filistix) were left in the dust. With no contract, they were stuck. Luckily, SUB was renewing their food contracts and Filistix moved into the basement. Since the new move, Filistix has continued to grow; they recently opened their newest location downtown. Right off Jasper Avenue, the new sit-down restaurant is bright, modern and features brand new dishes. This month, Lazy Faire sat down with Ariel, ASoB Bcom Alumni, to discuss his new entrepreneurial venture and successes and lessons in the business. Filistix began as a tiny food truck on Rice Howard Way, in the summer of 2008. Shortly after, the restaurant opened its first location in CAB at UofA. After that, they expanded to Macewan and ECHA. Melania Antoszko 12 WRITTEN BY:

Daniela Nadeau

PHOTOGRAPHY BY: Levi Soprovich

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External Rela-

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D: Why did you start Filistix? My business partner and I have always been in the food industry. Throughout high school and university, we worked in restaurants to pay our bills. From there, we developed a passion for food and the food business. Roel was in the health sector and I was in the IT sector, and we always wanted to open something that was food related. So, we started with a food truck. We thought, let's introduce Filipino food to augment street food in the city. We chose Filipino food because it's our culture and what we knew best; it's flavours that we grew up with. M: How did you develop the menu? We developed all our recipes ourselves, but we had help from our parents and grandparents. We knew how to cook, but cooking filipino food is different. We knew the basics but we had to figure out how to execute the recipes quickly and at high volume. D: How was the shift from U of A to the new location? This location has always been a dream of ours. At first, we considered the quick service model, but we quickly realised that it wouldn’t work well in the downtown area in the evening. We took this as an opportunity to do dishes that we really wanted to do and to introduce more Filipino food to the Edmonton downtown area. Our philosophy is that we are not traditional we always put our own spin and put our twist on things. D: What do you think sets Filistix apart? What really sets us apart from any other food vendor on campus (or from any quick service style restaurant in the city) is that all of our recipes are made from scratch. We really respect all the traditional ingredients and flavour profiles of filipino cuisine. After opening our downtown location, we really feel confident that we have a concept that can work anywhere because of that authenticity and that home style flavour and cooking methods.

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External Relations

D: What would you say to someone starting in the restaurant business? Plan, plan, and plan. Preparation is important.You'll always run into things that you are not prepared for. The more prepared you can be in your business model, in your planning the better. Your business plan needs to be solid. If you are going for funding, no matter what kind of startup or business, you want to get money from someone. Whether that be from your aunt or uncle, or the bank or an angel investor, you have to know your business inside and out.You need to know those details. My advice to entrepreneurs is that you have to be super flexible in your model.You can't be rigid. Some things may not work and you'll have to adjust. Making mistakes is okay, until you start repeating them. That’s when businesses fail. M: What is your approach to business? What has made you successful? Our approach is very simple - work really really hard, as this is not an easy business. The restaurant business is a labour of love. We are super passionate about food and educating others on Filipino cuisine. We’re not in the business to make money; you have to have a vision and stick with that vision as your driving force.You have to be resilient since you will encounter challenges everyday.You have to be able to put in the work, be resilient, and not give up. M: How did you keep going through all the struggles of your business? Determination and not willing to concede. Roel and I have a drive to succeed and never give up. We keep on making decisions that will make things better. We have run into so many obstacles; after our contract ended with Aramark, we were very distraught. Sometimes, luck is in your favor and you find that spot in the SUB basement. D: How do you look back on Filistix’s history compared to where you are today? It’s definitely been an interesting journey. From being on Rice Howard Way, Monday to Friday where people were asking if we sold french fries. We have run into every single situation that you can think of. It’s crazy to finally open up our dream place.

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eClub WRITTEN BY: Steven Prysunka

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Clubs Corner

PHOTO PROVIDED BY: eHUB

Entrepreneurship Club (eCLUB) is a student-run club that welcomes all faculties in HUB Mall. eClub seeks to connect students with an entrepreneurial spirit across disciplines, and promotes the business skills and connections needed for students from any faculty to make their ideas a reality.

I had the chance to explore inside eHub, the center for eClub, Enactus, and eGrad. In one brief encounter, I was met by all the various parts of eHub sharing the space. I was greeted by a meeting of members of Hempact, one of the many success stories to come out of eHub's Enactus. I then sat down with Trixia Maximo, eClub's former president and the manager of eHub, and just upstairs was the current President of eClub Anson and External Director Anton. The various clubs contained in eHub work together to foster entrepreneurial spirit in the University of Alberta throughout every faculty, including business, arts, engineering, science and everywhere else. If you have ideas and ambition, this is the club to be involved with.

Edmonton and across Canada. As of the publishing of this article, eClub has hosted a live case competition partnered with ATB's Entrepreneurship Centre where students helped a local business with real challenges, and presented their solutions to the real business owners. Their upcoming event, eTank, takes place in the winter term. eTank is a Dragon's Den/ Shark Tank-style pitch competition where real entrepreneurs will critique students’ business ideas.These events give students from every faculty a chance to test out their business ideas, work closely with their small team, and get a taste of what it means to be an entrepreneur. If you aren’t around to check out the many eClub and eHub networking events and competitions, they still have a lot to offer.

eClub’s events roster is full of unique, real world competitions and opportunities to network with entrepreneurs in

Whether you have an idea and don’t know where to start, or are just curious and want to know more about student

business endeavors, the space is for you too. What can you expect when working on a case competition, or shaping your business idea with the help of eClub? Expect to work with your small team and go outside your comfort zone; chances are you won’t be doing just your field of specialty. You may be a marketing major, but expect to get experience with finances, strategy, and even the technical side of projects. An entrepreneur wears many hats, so you have to be prepared to learn new skills to help your idea succeed. eClub is working hard to reach out to other faculties. Their events are open to all faculties and they have plans for events, such as PowerPoint seminars and other initiatives, to help promote business skills in faculties that may not get the same exposure to business

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skills. eClub and eHub are open and welcoming to anyone who has an idea or any interest in entrepreneurship. They’re dedicated to connecting students with the resources and the network that they need to build their ideas and are eager to connect people from other faculties. For most projects, you need a team with many different skills - business students, design students, science, and engineering students all bring their own special skills to big projects. Everyone involved in the club had a similar story of how they found themselves there. Watching the other ambitious studentrun businesses springing up from eHub, they knew they wanted to be surrounded by interesting, motivated individuals, and the exciting dynamic world of entrepreneurship. When asked about what she liked best about her time at eClub and eHub, Trixia said, “it feels like a big family full of support and experience. You’ll never run out of resources, and there is always someone around with the answer to your question.” Two famous quotes were brought up in my conversations, and I think they define

the spirit of this place. The first one was from Anton, who quoted Microsoft’s current CEO Satya Nadella: “Be bold and be right”.To eClub’s members, this meant being persistent with ideas and drive. In entrepreneurship, you have to be bold - which means pursuing new ideas - and to succeed, those ideas have to be “right”. Entrepreneurs have to be sure they’ve put in the work and have confidence in what they pursue, because there will be obstacles and failures. The second quote to come up is a Mike Tyson quote often recited by Dr. Tony Briggs, professor and co-founder of eHub, said Trixia: “Everybody has a plan, until they get punched in the mouth”. Entrepreneurship is full of unexpected challenges and struggles: you have to have a plan A, B, C, and so on. You have to be prepared for this environment, and whatever industry you’re in. You have to go into entrepreneurship with the mindset that plans will change and you’ll have to be prepared to adapt. Why get involved? Entrepreneurship in Edmonton is exciting. Edmonton has world class talent in science, engineering and business. Unlike the more mature

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Clubs Corner

markets like Silicon Valley and Toronto, Edmonton is a market that can be described as a blue ocean: a market with much less competition. The opportunities are broad too: from old frontier of rural Alberta to the new frontiers of tech, eHub has great funding opportunities for everything, including the ambitious Rural eHub program. The program is made for any project that connects to rural Alberta. eClub members Ansen and Anton were especially excited about the growing tech opportunities here in developing fields like AI, with Google’s AI program Deepmind opening a lab in close partnership with the U of A. If you have a spark of interest in entrepreneurship, eClub is there to help fuel it with exciting events and networking opportunities to hone your skills, find advice and get an idea of what it takes. Want to take your skills and passions to the next level? eHub is there to help you find funding, support, and a team to make your idea into a reality. To know more about this club, reach out to eClub and eHub on any of their social media channels - they’re an incredibly positive driven and open group that wants to help students succeed.

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EVENTS THIS MONTH

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Events

BUSINESS EXCHANGE ASSOCIATION Do you enjoy doing case analysis and want to amp up your presentation skills? Look no further than the annual Business Exchange Association International Case Competition! This year we will be partnering up with Flair Airlines and the prizes include 2 round trip tickets per person to the winning team to anywhere Flair flies! You will be given 24 hours to solve the case! It will be released on Friday, November 22nd and presentations will be on Saturday, November 23rd. The registration fee is $20/person, which will also include lunch and refreshments throughout the day. The teams will be composed of two international students and two domestic students.

International Case Competition This will be a great chance to gain diverse perspectives in both analyzing the case and while presenting. It gives every single contestant a chance to see how their peers across the world think about and compete in a variety of cases. It will be an awesome time so make sure to grab your team and get your game face on!

The Business Exchange Association’s main objective as a group is to establish a club that aims to promote the awesome experiences one can have when doing an exchange program. Our goals include promoting international experiences to UAlberta Business students and at the same time, making sure that every incoming exchange student is having the best experience possible while they are here.

More details will be released soon so stay tuned on our Facebook account: Business Exchange Association (BEA), Instagram page: @beauofa , and website uofabea.com

Throughout the year, we host different events for students such as Chills N’ Thrills, Bonfire Night, Ice Skating Night, Meet Your Buddy Bar Night, and more! Keep in touch with our social media and make sure to watch out for these events in the future. We look forward to everyone coming out and enjoying some good, wholesome fun while making connections from around the world!

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LAZY FAIRE MAGAZINE

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Events

Power, Point & Shoot

FACE YOUR FUTURE: PUT A FACE TO YOUR CREDENTIALS. STAND OUT FROM THE CROWD. Lazy Faire is inviting you to PPS 2019. Come get your professional headshot, group team photo, or casual photo booth style pictures with your friends!

This event will be by donation, and proceeds will be used to support WIN House Edmonton. (Minimum donation of $1.)

Join us on: November 27 from 2 - 5:30 pm November 28 from 9:30 - 4 pm In ECHA (1st floor, by Starbucks)

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LF REVIEWS

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Most Iconic Business Characters in Movies/TV Shows

LF Reviews

WRITTEN BY: Rachita Chugh DESIGNED BY: Ivy Zhou

We are all too familiar with the trials and tribulations of being a businessman, an entrepreneur, a hustler. Pop culture is rife with movies and TV shows that explore the trope of the ambitious middle-class man who eventually becomes a business tycoon. Many movies and shows have attempted to create an iconic business character, yet very few have delivered. Staying true to this month’s theme, Lazy Faire has compiled a short list of ‘business’ characters on screen that never failed to inspire, motivate, and push us in the pursuit of greatness. In no particular order, let’s take a look at the list:

Jordan Belfort, Wolf of Wall Street

Ray Kroc, The Founder

Not all business mavericks come with a shining ethical consciousness - and Belfort certainly doesn’t. Belfort’s character (played by Leonardo DiCaprio) is a perfect embodiment of greed, lust, and ambition. Although we may not want our story to end like Belfort’s, the 1.5 hour long tale of his rise to fame is motivational, nonetheless. If nothing else, it is fascinating.

This movie takes viewers on a journey into McDonald’s founding. It follows Ray Kroc, a salesman who turned McDonald’s into the world’s biggest restaurant business - with a combination of ambition, persistence, and ruthlessness. Ray Kroc shows us how building an empire isn’t easy and requires bending the rules and going against the grain. Kroc offers a great insight into the mind of an entrepreneur determined to build a legacy.

Mark Zuckerberg, The Social Network

Walter White, Breaking Bad

This movie showcases Facebook’s beginnings and how Mark Zuckerberg (played by Jesse Eisenberg) launches the social network from his Harvard dorm room to spite his ex-girlfriend. We know how the story ends up, however, the movie is worth a watch - if only for the dramatics and theatrics behind building a business that eventually became a universal language. What goes into making the world’s youngest billionaire? What makes an entrepreneur? Despite being mired in controversy, Facebook is a household name and it’s all thanks to Zuckerberg and his business acumen.

For those of us who binge-watched the Netflix series, Walter White came as the most surprising of characters. Who predicted that a chemistry teacher would slowly descend into a drug kingpin? And yet, the beauty of the character lies in that very unpredictability. White shows how desperation, talent, and wit is a lethal combination; a perfect concoction for a ‘rags to riches’ story, albeit a dark one. An unconventional business man, sure - but a businessman nonetheless, White taught his viewers many business lessons throughout the series.

FOR BUSINESS STUDENTS, BY BUSINESS STUDENTS

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Miscellaneous

WHAT’S YOUR FAVOURITE BUS 201 MEMORY? As an ASOB student, you probably would agree that BUS 201 is one of the most… interesting courses (and, erm, discourse) we have to go through. We asked some ASOB students, “what was your favourite BUS 201 memory?” Here are some of the responses we got.

“I was one of the lucky ones who didn’t have to take BUS 201. I told this to all my friends who were struggling with their team and I kind of enjoyed it.”

“When our cohort rep wore one of our classmate’s heels from Dewey’s to the lectures in CCIS. We were so disruptive all lecture.”

“Finishing the course.”

“Laughing and crying on the same presentation day.”

“I was doing work in Photoshop and made a poster for a marketing campaign in my business plan. I exported the image file without saving the photoshop draft file, which led to a great shock when I noticed I made a typo 45 minutes before the presentation.”

“I guess it would have to be spending one whole weekend at school trying to finish the business plan. It sucked being at school, but also was fun hanging out with my group.” “Some guy came into the seminar drunk once. He was slurring his words when he was answering the questions.”

“Not showing up half the time.” “It was during the globalization lecture. We were doing an online poll where a word shows up [to represent the answers], and the more entries, the bigger the word gets. The question was along the lines of ‘what is most relevant due to globalization’ or something. Then the word ‘anime’ popped up and kept on getting bigger and bigger until it was the biggest one.”

“It was funny when we had our business presentations a day before the accounting midterm. Yeah, it wasn’t fun.” “The best experience was going to Dewey’s as an entire cohort after our first case.”

“My funniest memories definitely came in the final days of the project during some late night grinds in bus lounge we took frequent 'mental health breaks' to play ‘the floor “My friend was not having it in the library when she was is made of lava’, and raced office chairs up and down the working on her project. A couple of kids came up to her, hallways like maniacs! Was it obnoxious? Absolutely, but gave her a Kit-Kat, and told her, ‘you need a break’.” it sure kept morale high in the busiest of times!”

WRITTEN BY: Denise Nguyen

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