Dr. Philip Roundy

Assistant Professor of Entrepreneurship

Dr. Philip Roundy

"One of the biggest challenges entrepreneurs must overcome is the (mistaken) belief that the biggest challenge of entrepreneurship is 'getting funding.'"

Dr. Philip Roundy is an Assistant Professor of Entrepreneurship at UTC. He chose to enter academia because he is passionate about research, teaching and service.

Degrees held:

  • PhD in Corporate Strategy — University of Texas at Austin
  • MS in Management Science — University of Texas at Austin
  • MS in Management and Organizational Theory — University of South Florida
  • BA in Economics — Kent State University

Career highlights:

  1. Selected to serve as the inaugural Postdoctoral Fellow at the Kelleher Center for Entrepreneurship at UT Austin.
  2. Have published widely in several disciplines and topics (strategy, entrepreneurship, social entrepreneurship, organization theory, narratives/storytelling, and religion/work).
  3. Have interviewed or consulted with almost 200 entrepreneurs, social entrepreneurs, and investors.

Why did you start teaching?

I pursued a career in academia because professors have the privilege of wearing three "hats," all of which I am passionate about: research, teaching, and service (to the university and business community). I have a relatively short attention span; if I was limited to doing only one of those things, I would quickly get bored.

What's the best advice that you ever received?

"Life's a cinch by the inch, but hard by the yard." -- In other words, if you are facing a monumental task (or even a small one), take it a little bit at a time and keep plodding away. (This is similar to "A journey of a thousand miles starts with a single step.") Don't procrastinate and just start small.

What's the best advice that you could give your students?

"Stress kills" and the corollary: "manage your stress." One of the best ways to do this is to follow the above advice.

What is the one book you think everyone should read?

"How to Change the World" by David Bornstein; "Start Something That Matters" by Blake Mycoskie; And you can't go wrong with what a local CEO describes as the "original guide for business professionals": The Bible

What qualities make someone particularly successful in the profession in which you teach?

For entrepreneurship: work ethic (you have to be willing to hustle), tenacity, thick skin, ability to think outside the box, a customer-focus.

What do you think is the biggest challenge that people in the profession face today?

One of the biggest challenges entrepreneurs must overcome is the (mistaken) belief that the biggest challenge of entrepreneurship is "getting funding."

How do you see online learning affecting the future of education?

On a global scale, I think the proliferation of online education will democratize education. One implication will be that a college degree (or at least an undergraduate degree) will become less valuable. Because of greater access, more people will have degrees and thus having one will cause you to be less likely to stand out from the crowd (essentially a college degree will become akin to a high school diploma). What will help you to stand out will be advanced degrees and, more specifically, the skills you have.

Any multimedia to share?

If you take my course, you'll get plenty of my PowerPoints and YouTube videos. In the meantime, here's my favorite TED Talk (from a fellow Austinite). I show this clip in all of my courses.

Website: http://www.philiproundy.com/

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