Entrepreneurship - Risks and Rewards:

Thirty Years of Founding, Buying, Merging, and Selling Companies

Speaker: Dr. E. Daniel Albrecht, FASM

ASM International®

2000 - 2001 Trustee

Meeting Sponsors:

Metals Engineering & Testing Laboratory

Before founding a new company, an entrepreneur must have an idea - a product - a market - and lots of confidence. Next, he needs some money and lots of ambition. He needs help from a team of professionals including corporate lawyers, accountants, banks, insurance companies, patent attorneys, investors, and families. He must recruit the best support he can find. Our discussion will lead to image and advertising as well as production, quality control, and shipping. We will discuss how to make money and how to make more money. Purchasing and discounts, borrowing and repayment, negotiation and deferment, facts and truth are all fundamentals of a successful entrepreneurial start-up. Case histories will illustrate successes and failures and how to turn failure into success. Entrepreneurship provides the road map to being your own boss and determining your own destiny - look out for the chuckholes.

Speaker biography: Dr. E. Daniel Albrecht is Chairman Emeritus of Buehler Ltd., Lake Bluff, Ill., and also of Advanced Ceramics Research, Tucson, Arizona. He earned his B.S. degree in metallurgical engineering and his M.S. and Ph.D. degrees in physical metallurgy from the University of Arizona, Tucson.
   Dr. Albrecht began his career as research assistant at Los Alamos National Laboratory, then became a program manager at the Lawrence Livermore National Laboratory. While there he founded Metallurgical Innovations Inc. He then joined Buehler Ltd., where he rose to president, CEO, and chairman of the Board. He also served as chair, CPN Corporation, Martinez, Calif., and chair, Soiltest, Inc., Evanston, Ill., and as director, John Mowlem and Company, PLC, London, England, MAXCOR Manufacturing, Inc., Colorado Springs, Colo., and vice chair of Southwest Steel Inc., Tulsa, Okla.
   A member of ASM since 1958, he served as chair of the Tucson Chapter while still in college. He was made a Fellow of the society in 1976 and was awarded Distinguished Life Membership in 1989. He has served on a number of committees, was appointed to the Council of Fellows in 1997, and served on the ASM Nominating Committee in 1998. Dr. Albrecht has twice served as president of the International Metallographic Society, and was general chair of IMS Annual Meetings in 1959, 1972, 1980, and 1995. In 1981, he received the IMS President's Award and in 1990, was presented the Henry Clifton Sorby Award for lifetime contributions to the field of metallography.
Dr. Albrecht is a Registered P.E. Met. in California. He has received an Honorary Prof. Degree of Met. E. from the University of Arizona, as well as the University's Alumni Citizenship Award, Distinguished Alumni Centennial Medallion, and Alumni Centennial Achievement Award. He is a member of the Institute of Materials, the Deutsche Gesellschaft fur Materialkunde (DGM), the American Ceramic Society, and is a Fellow of the Royal Microscopical Society in England. He is named in Who's Who in America and Who's Who in the World.

ASM MOMENTOS
    In 2000, the Phoenix Chapter sponsored a student contest to design a recognition award memento.. Professor Mary Bates of ASU School of Art mentored the contest and four students from the Arizona State University Art Department. The contest was intended to create awareness of materials and materials processing among art students and an awareness of the use of materials in art among materials professionals that participate in the ASM Phoenix Chapter. The Phoenix Chapter will present the Memento to the speakers at our meetings in appreciation and recognition. At the November 8, 2000 Meeting yesterday, prizes for the first, second, and third place entries were awarded.. Students will display their entries at the January 2001 Meeting.