Lake Superior State University launched a new Entrepreneur-in-Residence lecture program Feb. 4-5 that featured Adil Shafi. A member of the LSSU Industrial Advisory Board, Shafi is the president of Advenovation Inc. of Rochester Hills. Videos of the different topics will be posted on LSSU's School of Engineering & Technology YouTube channel. Watch for further details.
Shafi, a leader in the field of robotics technology for more than 20 years, shared what he has learned about business and entrepreneurship during a series of presentations that were free and open to the public in LSSU’s Walker Cisler Center. He followed up Tuesday presentations with a discussion at the Engineering House with more than 20 students on hand.
Topics for his LSSU program included: What it takes to become an entrepreneur, making a business plan, legal matters, financial management, working with people and teams, business relationships and what it takes to win.
"We were very pleased to host accomplished entrepreneur and friend of LSSU who shared his many insights into launching a successful venture,” said David R. Finley Ph.D., dean of the LSSU College of Business and Engineering, which sponsored the lecture series. “Mr. Shafi has been on the leading edge of robotics technology for more than two decades, and his companies have introduced novel assembly solutions to industry by using 3D vision-guided robotics. We’re sure his insights were of interest to our students and faculty, as well as entrepreneurs and others in the twin Sault community.”
In his many years of involvement with the manufacturing automation industry, Shafi worked with Chrysler’s Stow-n-Go mini-van program and the US Air Force F-35 fighter jet program, and he wrote specifications for some of the robotic processes of the heat shield for NASA’s Orion spaceship, which is scheduled to replace the Space Shuttle. His company has working relationships with numerous businesses and institutions throughout the US, Canada, Mexico, Europe and Japan.
Shafi has made presentations at the International Conference for Vision-Guided Robotics, International Robotics and Vision Show, AUTOMATE, and the Robotics Forum, in addition to agencies and universities. A number of his free educational webinars have been archived by the Robotic Industries Association (www.robotics.org). He has served on the Industrial Advisory Board of LSSU’s School of Engineering and Technology since April 2011.
Adil Shafi Meets With the Students of the Engineering House
|Adil Shafi (far left), the first speaker for the BE Inspired (Entrepreneur-in-Residence) Lecture Series, recently met with 17 students at the Engineering House. Shafi is the president of Advenovation, Inc. in Rochester Hills, Mich. has been a leader in the field of robotics technology for more than 20 years. He provided two evenings of lectures, sharing what he has learned about business and entrepreneurship.
"I started my first robotics software company with $1,000 in savings in graduate school and ran it for about 17 years,” Shafi said. “
We did about $7 million in sales and the amount of equipment that was sold due to our innovations was $300 million. We helped
make a lot of partners and colleagues successful and rich.
“However, without a business background, I also made a lot of mistakes in the early years and I learned from them,” he continued. “My new company, Advenovation, is doing very well and it is largely
because of the lessons I learned and the relationships I formed in industry.”
During his LSSU programs, Shafi wanted to cater to new students, graduates and also those who have been working in various professions who may want to start their own business on a part-time basis or work with others to join forces in a new endeavor. The perspectives were geared towards any of these situations and opportunities.
"I hoped to have passed on some of these lessons and key perspectives in this lecture series,” he said. “I didn't have a lot of time to get into depth, but I recommended many suggestions on further reading.”
More information about Shafi and Advenovation may be found at www.advenovation.com.
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