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Tuesday, February 16, 2010

Alumni Invited to Reconnect; Project Nicaragua Expands to Catarina



Alumni Invited to Reconnect with Project Nicaragua
As Project Nicaragua grows, we would love to incorporate the new skills and experiences of our dedicated alumni into our work. We are establishing a database of alumni who we can reach out to for assistance with some of our consulting cases, strategic planning, and development.  We are also looking to bring in guest speakers to discuss international business development, doing business in different cultures, how to be an effective consultant, and more. If you want to stay involved, please fill out this short survey to provide us with your information and areas of interest and expertise.  Be sure to pass it on to family, friends, and co-workers who might also be interested!
Project Nicaragua Expands to Catarina
In March 2010, Project Nicaragua will expand its seminars and consulting work to a second location in Catarina, Nicaragua. After three years working with local entrepreneurs in Managua, the club will begin serving 15-20 new business owners in Catarina. Some of the entrepreneurs are sure to be nursery owners because Catarina offers the perfect soil and climate for gardening. A tourist destination, Catarina is known for its lookout point, Mirador Catarina, which provides panoramic views of Apoyo Lagoon, Mombacho Volcano, Lake Nicaragua, and Granada. (See photo.) Students visited Mirador Catarina during the January trip and saw its many gift shops, street vendors and nurseries firsthand.
Student Leaders Selected for 2010-2011
Six first-year MBA students were recently chosen to lead Project Nicaragua. Curt Webber is the club leader. Chris Des Barres, Jeff Hughes, Kathleen Ketchum, and Brian Price are serving as pod leaders.  Sandie Taylor is chair of Communications and Nica Hope. While the second-year students will run the club until March, the new first-year leaders will take over the club on the March trip and carry it on towards next year. We’re really impressed with this new group of leaders and know that they will do an extraordinary job! 
New Seminars Added for Advanced and Beginner Series
After hours of hard work and dedication from each of the four pods, both the advanced seminar and beginner seminar were revised and re-vamped prior to our January 2010 trip. Based on the feedback provided by past seminar participants, a few new topics were added, including a new favorite entitled “Motivating and Retaining Employees.” The beginner seminar is tailored to only those participants that are brand new to the Wake Forest seminars. This year, we had the opportunity to meet and work with 16 new and diverse business owners!  The advanced seminar is designed for our veteran participants and dives deeper into topics, such as “Market Research” and “Budgeting.”
Every one of the 18 students that came on the trip had an opportunity to team-teach, and they each brought a new and fresh perspective to the topics, including “Break-Even Analysis”, “Introduction to Operations,” and “The Four Keys to Marketing.” The effort from the students definitely paid off, and the seminar portion of the January trip went off without a hitch!
James Preston Russell Memorial Fund to to Make Donation and Personal Visit to El Herrero
Last August, one of our most active charter members of Project Nicaragua, James Preston Russell, passed away in his sleep.  He had a rare heart defect that was never detected. His parents and his sister knew of James' passion for Project Nicaragua and his deep interest in the success of a vocational school, El Herrero, which was a key part of the school's first trip to Nicaragua. James was passionate about the mission of the school: to train young men to forge beautiful, artistic pieces out of metal that could be sold to help them make a decent living. Mike Diebert, the founder of the school, inspired James with his work. In memory of James, many students, faculty and friends of James' family have donated more than $5,000 to the James Preston Russell Memorial Fund. Jackye Russell, James' mother, will travel with students going on the March trip, so she can present this gift to El Herrero. She will join the students as they visit some of the entrepreneurs participating in the seminars, tracing James' steps through those places that inspired him so deeply.   

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