Frager Factor

Thursday, June 13, 2013

Chad Folkening Venture Camp Getting Great Early Buzz in USA Today; Indy Star... More

"It's MBA school on steroids, with a sustainability component.”
— Stefan Doering, whose Shift Group was hired to run program

Entrepreneurs will live at the mansion as they compete to create the best business plan. The competition is being filmed and will be pitched as a reality show

The Indy Star writes: "A first-of-its-kind boot camp for aspiring tech entrepreneurs, being held at one of Indianapolis’ oddest mansions, finds the campers milling by the swimming pool among life-size, concrete statues.

The mansion setting on the Northeastside is meant to give the class of entrepreneurial students a taste of the life that could be theirs if they just had a bit more start-up savvy.

Which is what they are in the midst of learning at “VentureCamp 1.0,” as mansion owner and camp co-organizer Chad Folkening calls his latest business proposition.

Folkening, who’s in his early 40s, makes the rounds poolside, sunglasses perched atop his head, chatting with the 12 entrepreneurs picked for the all-expenses-paid camp.

“It might fail, it might succeed,” says Folkening, shrugging when asked how the camp is going. A Westfield native and Internet domain name and real estate investor who now lives mostly in Florida, Folkening says he has spent more than $100,000 to put on this unusual blend of summer camp and business seminar with a distinctly nerdy feel. A diverse group of campers was picked from around the country from more than 500 who filled out online applications.

Folkening, whose first business was mowing lawns as a teenager, sees the camp as a way to encourage entrepreneurship, find a new way to sell his 20,000 Internet domain names through his company Global Ventures, and also get some use out of his mansion."

The  piece continues over 3 Pages

See previews on Venture Camps YouTube Channel

Folkening is also Co-Founder of Domain Name Holdings and its Domain Power platform which was based on a monetization system developed first for his own personal use.

Chad Folkening gives a tour of the Kessler Mansion, home of VentureCamp in Indianapolis. The camp is being filmed for a reality TV show. Jeff Swiatek,

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