A transition for me and the ITA

January 22nd, 2012

A few months ago I asked the Board of the Illinois Technology Association to begin a search for new leadership, and I am thrilled that they have completed that task. Effective immediately, I’m stepping down as Chairman of the ITA, and my day to day volunteer efforts there.

I’ve been an entrepreneur since I was 15 years old, which is to say most of my professional and personal life has been fused. I’ve never known normal working hours, never left my work at the office, and have generally always been on the clock. Occasionally, my work allows me flexibility that benefits my family. Too often, my work has spread me thin, at the expense of my family.

I was raised to value public service, and my time with the ITA has been a good outlet for servant leadership. Sometimes, my for-profit businesses have suffered from my volunteer efforts, but I have few regrets.

My sister died too young, leaving behind two beautiful girls for my Mom to protect and raise. Now, in the wake of my Mom’s unexpected death (also too young at 60), I’m making more life changes, partially to spend time with family, and partially because life is too short to stand still. I’m more interested in creating, and less interested in coasting along with what I’ve already built.

I pulled a broad group of people together in 2006 to create the ITA, and a few months later recruited my partner Fred Hoch to join and help me lead the organization. Our goal was to build a more connected, collaborative tech community in the region. Today, nearly 700 member companies get real value out of this organization, and collectively the organization is able to do very good work in the community. I’m particularly proud of the various initiatives that take a long-term view of how talent will develop and flow into Chicago over the next decade.

I’m leaving the organization in the best financial health it has been, though I am also proud that we started the ITA with almost no capital, and managed through nearly seven years of very strong growth (in some very challenging times). There are a bevy of leaders at the table, some of whom can easily step up to fill the gap, but in truth the ITA long ago grew beyond the little startup with a couple of guys guiding it.

Just like most startups, there comes a time when the founders step aside to make room for other people to take things to the next level, and I’ve overstayed my time with ITA. I’m glad Jim Gagnard has stepped up to take the mantle… He has a great history taking over for founders and leading companies into the growth stage, and is well suited for the job.

I’ll remain involved and supportive of ITA as Chairman Emeritus, but my primary community service around Chicago will be focused on the Chicago Tech Academy and seeing that through to success. I cofounded that school in part as an example to encourage others in our community to take on servant leadership, and find ways to help other people. I’m of better use to that effort today, than I am of need at the ITA.

There are interesting new venture ideas percolating, and I’ll continue to support TechNexus and the venture collaboration that has happened there. With more than 100 successful startups grown within those walls, there is much that can be done there.

So, while my family steps up to take the highest priority in my life, and my time leading ITA comes to an end, I’m not moving on, just moving forward. Stay tuned.

Posted in Illinois Technology Association

Let’s get to work…

January 20th, 2012

“In three words I can sum up everything I’ve learned about life — It goes on” — Robert Frost

My family is the most important thing in my life. No business, association, school, incubator or other endeavor in which I’m involved comes close. We’ve now lost two cornerstones of our family at an all too young age, but life does go on. It especially goes on for two young girls whose futures remain bright despite the sadness in their past.

I took off most of the past two months from work and community projects to support my family.

But I’m returning next week, with a new agenda and a renewed commitment to pursuits that matter most. Life is — clearly — too short to be timid, too short to avoid risk, too short to lack boldness, and too damn short to care what critics may say.

Ready….

Posted in Entrepreneurship, Family

Sadness

November 27th, 2011

It took seven short weeks from diagnosis for cancer to capture my Mom’s life, nearly every day of which I was able to spend with her. The last faces she looked upon belonged to two young girls she adored, and the last thing she heard was all our love surrounding her. She joins my young sister, now, in the tight embraces of our family, right where our hearts meet.

Posted in Family

A great standard of care

November 11th, 2011

MD Anderson Cancer Center has lived up to its reputation as the world leading cancer research and treatment centers. After nearly a month at the facility, I’m still amazed each day by the professionalism, organization, skill and compassion shown by nearly every team member at this place.

Posted in Family, Misc

A shifting of my priorities…

November 2nd, 2011

I’ve been mostly silent for the past three weeks, and absent from community events. I’ve disconnected as much as possible from the routine, and shifted focus to my family. Here’s why…

Four years ago, my 30-year-old sister Hilliary died after a courageous battle with a rare and insidious cancer. It was the first time in my life that I completely checked out of work, business building and my various projects, and took a few months to be with my Mom and the two beautiful young girls my sister left behind. The past four years have been difficult for the family, but life goes on, and the memories of my sister light the way. During her illness, no one was stronger, more loving or supportive than my Mom, and she remains the steady rock tethering my young nieces as they grow.

Three weeks ago, my Mom suddenly fell ill, and has been diagnosed with an advanced stage lung cancer. That terrible disease that ripped through the heart of our family has returned. Once again, I’m curtailing many activities and centering with my Mom and my nieces.

We responded quickly, and headed to Houston to the MD Anderson Cancer Center to start treatment right away. The past two weeks are a blur of activity, doctors and treatments, though at the same time it seems an eternity since this began. There are many weeks and months ahead, with much more of the same.

I will remain engaged with work, much of which can still be done while I’m away. There is plenty of quiet time where I’m able to think, especially about the bigger and more important initiatives on my agenda, and I’m oddly more productive with some distance and perspective. Some exciting stuff has been underway for TechNexus and Chicago Tech Academy, and good work continues at ITA and various projects where I’m playing a role. I’m lucky to work with many great people on all my projects, and they have stepped up to fill the gaps quite well. I’m also now surrounded by family and close friends who provide incredible support.

My Mom is the most amazing person I’ve ever known… truly the materfamilias… she’s faced adversity and challenge at nearly every turn in her life: divorced, single mom, widowed, loss of a child, raising grandkids – yet she taught us all to take adversity in stride and grow from it. Somehow, my Mom always emerged as a more whole person after each little piece of her was taken by one of life’s challenges.

The care and compassion she showed though my sister’s illness rivaled the care of angels, and the courage she gave to the kids and our family during that time came straight from Heaven. Now it is our turn to help my Mom wage and win a battle that threatens to take her from us far too soon. We intend to win that battle, and I can think of no greater warrior to have on point than Mom.

I may occasionally blog or post about the progress and treatments (some experimental and cutting edge stuff from these doctors). Or, I might not. I may post about some of my various work initiatives, or even simple or mundane topics, often just for distraction. I may occasionally be silent and absent from the community altogether. It’s sad when things like this come along and remind you of the perspective you once gained, but slowly let slip away, the last time life through a curveball.

 

Posted in Family

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How I’m spending
some of my time lately…

I’m an entrepreneur at the intersection of technology, community development and social impact. I’ve spent my entire career building companies, communities and projects that help other people. I’ve enjoyed great success, spectacular failure and the real sense of progress and growth from both experiences.

I’m the founding chairman of a technology association in Chicago, a booster of inner-city education reform, and a partner at a venture collaborative incubating new ideas. I’m an advocate for the tech industry and some companies, occassionally in Washington DC and online.

I operate or advise several startups, businesses and growing organizations, including the following that are important to me at the moment:

Chicago Tech Academy

I helped create and now chair the board of a new, open-enrollment high school for Chicago students. This is an exciting experiment to build a new learning experience for kids based on apprenticeship and mentorship. The Chicago Tech Academy curriculum is based on tech skills and entrepreneurship, and we’re already outperforming most public schools on many important success metrics.

The student body (600 kids when full) come from across Chicago from mostly low-income, minority families. Hundreds of tech industry leaders volunteer as mentors, and partner with a carefully selected group of inspiring teachers.

FastRoot Agility

FastRoot Agility is a team of engineers and a Chicago colocation data center that design, implement and manage complex hosting environments.


managed hosting

Illinois Technology Association

I’m the founding chairman of the Illinois Technology Association. Created in 2006, the ITA champions the interests of nearly 700 tech companies based in Chicago and the region, building a more connected, collaborative economy for entrepreneurs, investors and executives.

Some other orgs and businesses that have my attention at the moment…

I’m on the board and provide the training facilities for Genesys Works Chicago, a non-profit that identifies hundreds of public school students after their junior year, spends the summer preparing them, and then places them in paid internships at companies like JPMorgan Chase and Accenture throughout their senior year of high school.

 

ContextMedia

Builds patient education media platforms that educate and inform patients as they make decisions about their clinical treatment. A broadcast network in 600+ patient waiting rooms.

TechNexus

I cofounded TechNexus, a venture collaborative and clubhouse for the tech community in downtown Chicago. Today, more than 2,500 people a month flow through TechNexus for meetings, coworking, training sessions and to collaborate with a great network of entrepreneurs and execs that hang out here.

TechNexus has also been home to more than 100 new and growing companies that have incubated here; those companies have raised more than $50m in capital and created hundreds of new jobs in Chicago.

The concept for Phase III expansion of TechNexus into a 300,000 sq ft new construction facility in downtown Chicago:

TechNexus

Zealous Capital LLC

A partnership for investments and paid consulting focused on emerging growth software and technology companies.

FastRoot Software Labs

A private software lab with offices in Chicago and eastern Europe, our team of close to 30 software developers have worked together for more than a decade, building new products for entrepreneurs and corporate clients throughout the world. The team specializes in a rapid development .NET framework that’s been the basis for dozens of on-demand web applications and products.

Asterisk

© Terry Howerton

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