CSUF Mihaylo College entrepreneurship alumnus Henry Reyes, co-founder and president of the International Surf Lifesaving Association (ISLA).

Henry Reyes ’10, co-founder and president of ISLA

Mihaylo business administration alumni Henry Reyes ’10 and Raquel Lizarraga ’10 were awarded the President’s Volunteer Service Award for more than 900 combined hours of service on behalf of the International Surf Lifesaving Association (ISLA).

Southern California beaches draw millions of surfers, swimmers and beachgoers each year. That translates to thousands of beach rescues each year as rip currents and rough surf can pose dangers for even experienced enthusiasts. On Nov. 3, 2014, Los Angeles County lifeguards reported a record 14,331 ocean rescues for 2014. In other parts of the United States and around the globe, there are thousands more rescues and drownings each year.

Mihaylo business administration alumni Henry Reyes ’10 and Raquel Lizarraga ’10 are part of the solution. Reyes is co-founder and president of the International Surf Lifesaving Association (ISLA) and Lizarraga is vice president of development for the organization, a nonprofit that advances water lifesaving worldwide. Founded by four Huntington Beach lifeguards in 2008, the volunteer organization seeks to prevent drowning in the U.S. and locations throughout the world, with operations in many nations, including Mexico, Dominican Republic, Nicaragua and Macedonia. Read More

Ben Gold, Cal State Fullerton alumnus who founded QuickBridge Funding, an Orange County, California, lender.Ben Gold ’04, MBA ’12 has achieved entrepreneurial success as co-founder and president of Orange-based Quick Bridge Funding, which was recently recognized by the Orange County Business Journal as the fastest-growing private mid-sized company in the region. Gold is also actively involved in his alma mater, through support of the Executive Council, Mihaylo Leadership Academy and internship and scholarship programs.

Mihaylo marketing and business administration alumnus Ben Gold ’04, MBA ’12 has utilized his business education and entrepreneurial spirit to succeed and thrive in the Orange County business community.

From 2003 to 2011, Gold gained experience as an innovative leader as vice president of operations for Orange-based Alliance Funding Group, a company that provides business loans and equipment leases to corporate customers nationwide. Gold was responsible for oversight of all non-sales activities in this role, including development of credit and funding policies, team management, development benchmarks to ensure efficiency and creating and maintaining relationships with the company’s funding sources and underwriters.

Launching an Orange County Alternative Lending Giant

In June 2011, Gold co-founded Orange-based Quick Bridge Funding with Jason Osiecki, David Gilbert and Brij Patel ’95. The company provides short-term working capital for small and medium-sized businesses. Under Gold’s leadership, Quick Bridge Funding has grown from a small business with two employees to a company with a workforce of more than 70 in only three years. It is now recognized as one of the leading alternative lending providers for small and medium-sized businesses in the United States, having lent more than $200 million to more than 5,000 different businesses since inception. Read More

Founders of the CSUF Startup Incubator gather in front of the Placentia, California, facility in summer 2014.

Founders of the CSUF Startup Incubator gather at the new facility in Placentia

Mihaylo’s Center for Entrepreneurship is preparing to open the CSUF Startup Incubator, the first CSUF business incubator, in Placentia. The business incubator will utilize entrepreneurs in residence and industry-experienced mentors affiliated with the Center for Entrepreneurship to guide aspiring business start-ups into viable business models.

Students at CSU Fullerton often aspire to start their own businesses, yet attaining the skills, resources and knowledge to succeed can be a daunting task.

“It is my observation that we have many outstanding entrepreneurs with innovative business ideas at CSUF; with proper support and coaching for the entrepreneurs, these ideas could become viable businesses, “John Bradley Jackson, director of Mihaylo’s Center for Entrepreneurship, says. Three years ago, he wrote the business plan for the CSUF Startup Incubator, an off-campus business incubator that will open in nearby Placentia by mid-November.

Established through a partnership with the City of Placentia, which provided the small building at 120 South Bradford, the center will be a “mixed-use incubator.” Jackson explains: “This means that we do not specialize in a certain type of industry. We are looking for innovative ideas that are scalable, meaning capable of growing to a large company. The scalability requirement favors companies that build repeatable products rather than direct labor businesses.” Read More

Mihaylo College grad Taryn Hoffmann-Torres interned with Deloitte in Brazil in 2015.

Photo by James Calish

Taryn Hoffmann-Torres, a business accounting senior, spent this past summer in Brazil, in an internship with Deloitte, one of the “big four” accounting firms. Hoffmann-Torres recounts her experiences while in Brazil and how international internships can benefit business students.

Understanding the importance of internships in the contemporary business world, business accounting senior Taryn Hoffmann-Torres ‘15 took an accounting intern position in summer 2014. Working for Deloitte, a global financial services corporation operating in 150 countries, Hoffmann-Torres spent the summer in Fortaleza, Brazil, with the company’s Global Internship Program (GIP).

“The flight, lodging and meals were fully paid, in addition to a generous hourly pay that made the opportunity even more attractive,” Hoffmann-Torres says. “I had never been to Brazil but was always intrigued by its melting pot of cultures, its music, such as the samba and bossa nova, and its cuisine,” she says. “More importantly, I liked the challenge of working abroad and wanted to have a memorable internship experience.”

Deloitte prepared Hoffmann-Torres for the assignment by providing cultural travel guides and free access to language learning software Rosetta Stone to learn Portuguese, Brazil’s official language. Spoken by 250 million people around the world, mostly in Portugal, Brazil and parts of southern Africa, Portuguese is a romance language, like Spanish. Read More

Michael Oates, a Mihaylo College MBA alumnus who is the founder of Cafe Hidalgo in Downtown Fullerton and author of "Wade in the Water," a novel on the 1889 Johnstown, Pennsylvania, flood. A Cal State Fullerton business undergraduate and MBA alumnus, Michael Oates shares his success as an entrepreneur and author of the historical novel Wade in the Water. He gives practical advice on how to succeed as a startup in the Southern California restaurant industry and shares the inspiration for his novel, which discusses one of the worst natural disasters in American history.

Michael Oates, owner of Café Hidalgo in downtown Fullerton and author of the historical novel Wade in the Wateris a 1992 graduate of CSUF Mihaylo’s MBA program. During the past 20 years, he has used the knowledge gained from his degrees to become both a successful entrepreneur in the restaurant industry and an author. Oates credits much of his success to his Mihaylo education.

“Receiving my MBA from CSUF has given me confidence and credibility in both the restaurant industry and the business community at large,” he says. “Yes, there were a lot of classes to take, exams to study for, papers to write and a wealth of knowledge to absorb, but the benefits went far beyond that.”

He believes that the practical skills he learned in his classes has helped him perform basic accounting, marketing and management for his business, yet he believes that it is the reputation and commitment attached to a top-notch college education that opens doors. “Higher education, especially a program such as Mihaylo’s, where heavy class loads and high expectations are the norm, builds a strong, resilient character that others see, colleagues are drawn to and bosses cannot help but notice,” he says. Read More

A view of the Hong Kong skyline from the The Peak.

Hong Kong, one of the four Asian Tiger economies that powered the region’s economic transformation in the second half of the 20th century.

The economies of East Asia are outpacing the world average in economic growth and are projected to continue their rise to prominence in the future. In a globalized world economy, what do business students need to know about the rise of the Asian economies? CSUF Economics Professor Robert Mead shares some insights about the economies of East Asia and what students can do to be active participants in the world economy.

East Asia, a region encompassing the economic giants Japan and China as well as the upstart economies of Southeast Asia, has a population of 2.2 billion people, over a quarter of the world’s total. It also has more than a third of the world’s total economic output.

CSUF Economics Professor Robert Mead tells students that the East Asian economies have been remarkable in their persistence toward economic vitality over the past half century. The region’s economic development started in Japan and spread to the “Asian Tiger” economies of Taiwan, South Korea, Hong Kong and Singapore in the mid-20th Century. China has made a transition from a Communist command economy to one of the world’s most dynamic economies, while Southeast Asian nations such as Malaysia, Indonesia and Thailand are rapidly becoming developed countries.

“China, India, Japan and Korea are the four major economies in Asia, though all of the Asian economies are growing faster than the rest of the world in the general,” Mead says. Particularly, China and India are notable because of their huge populations – more than one billion citizens each – which make them economic leaders by sheer size alone. Yet all of the Asian economies are notable for outpacing the world average in economic growth over the last 50 years. Read More