June 29, 2006

STUDENT ENTREPRENEUR WINS 2006 SUNBELT REGION ENTREPRENEUR AWARD

  


The Neeley Entrepreneurship Program at TCU proudly announces that Daniel Verboski has been named the Global Student Entrepreneur Award (GSEA) winner for the Sunbelt Region. The honor is bestowed upon the top collegiate entrepreneur chosen from New Mexico, Texas, Oklahoma, Missouri and Louisiana.

Daniel is a senior entrepreneurial management major and member of the Neeley School's award-winning Collegiate Entrepreneurs Organization. He owns BossCrete, a company that provides stamped concrete, concrete coatings and acid stains for commercial and residential projects throughout the area.

"Daniel has been recognized as a leading entrepreneur from a large field of qualified applicants," said David Minor, director of the Neeley Entrepreneurship Program. "Daniel is the paragon of the young entrepreneur who is bootstrapping himself to success from humble beginnings. He vowed in his youth to be independent, take charge of his life, work hard and never be poor. He has a positive attitude and demonstrates great flexibility and leadership."

This is the third year in a row that a Neeley School student has been named the Sunbelt Region winner.

The Global Student Entrepreneur Award is a two-tiered awards program sponsored by the Entrepreneur Center of St. Louis University, Missouri, that recognizes the entrepreneurial efforts of undergraduate students from 18 U.S. and international regions. The first-place winner from each region will compete in Chicago in November for Global Student Entrepreneur and a prize of $10,000.

"I knew when I left the Marines that I wanted to get an MBA in business with a Japanese minor, so it was between TCU and Baylor," Daniel said. "I know I made the right choice because everyone here has been so supportive of my business and my education."

During high school Daniel managed a lawn service and gravel hauling service, then joined the Marine Corps after graduation. Four years later in 2001, he was starting college on the GI Bill when he was reactivated and served two additional years in Iraq.

Six months before the end of his military service, Daniel began looking for ideas to start a business. He pursued an ad in Entrepreneur Magazine for a business spraying concrete coatings and pouring concrete. After researching the business and its methodology and attending a training seminar, he launched BossCrete in September 2003 when he entered TCU.

A full-time student, Daniel has grown his business through keen attention to customer satisfaction, finding a mentor to help him with technical questions on concrete installation, adaptability in marketing his product, judicious outsourcing, and skillful time management.

In 2004 he had $60,000 in sales, but negative profitability. In 2005 he produced $62,000 in sales and $20,000 in profits. In the first quarter of 2006, he earned $42,000 in sales and 20% profits.

Daniel's plans after graduation are to hire his own crew for concrete stamping (his specialty and business differentiator) and outsource concrete pouring to the mentor who helped him all these years. He will continue his association with builders to grow the business.

Founded in 2000, TCU's entrepreneurship program has achieved unprecedented growth in its short history. In 2003, the Steve & Sarah Smith Entrepreneurs Hall opened, a 48,000-square-foot building dedicated to the spirit of entrepreneurship. It is one of only three such buildings in the nation. For more information about the Neeley Entrepreneurship Program, visit www.nep.tcu.edu .

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MEDIA CONTACT:
Elaine Cole
Public Relations Manager
Neeley School of Business at TCU
817-257-5724
e.cole@tcu.edu