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STUDENT AND ALUMNI PROFILES
Alumni Profile: Noah Eckhouse (E'88), VP of Bentley System's Building Performance Group,
Offers Advice to Graduates
While many entrepreneurs support the idea of starting a company
right after graduation, Noah Eckhouse (E'88) encourages students to
first experience the workplace in a larger setting, as he did at Apollo
Computer, Inc. After graduating in 1988 with a degree in Electrical
Engineering, Eckhouse joined Apollo and experienced the benefits of working
for a large company, taking advantage of the training and opportunities
to be mentored by professionals in the industry. Eckhouse stresses that
exposure to a large corporate setting fosters a learning environment where
graduates can understand key business processes and all the various pieces
required in making a company successful.
After two years with Apollo and four years working as the Director
of MIT's Marine Computation Lab, Eckhouse started his first entrepreneurial
venture in 1994—Player Systems Inc. The company's flagship product, SkyCaddie,
incorporates the GPS and wireless technology used on sailboats to serve as an
electronic caddy system on golf courses. Although there were numerous technological
challenges in developing the product's hardware and software, Eckhouse notes that
the business challenges were often the most complex. Essentially, the company
was selling an electronic system with a high price tag, and golf courses needed
to finance their purchases since they were a cashflow-constrained business.
Fortunately, John Deere was a strategic investor of Player Systems at the time
and partnered with the company to facilitate the transaction by leasing
equipment to the golf courses and collateralizing it with land.
When Player Systems was purchased by John Deere in 1998, Eckhouse went on
to start Trailbreaker.com, a venture-backed company that specialized in
e-commerce analytics software. The company was sold to Steve Wozniak in
Silicon Valley in 2003, at which time Eckhouse started his current position
at Bentley Systems, an infrastructure software solutions company based in Exton,
Pennsylvania. Eckhouse started in Bentley System's Mergers & Acquisitions group,
acquiring companies and product lines in a global search for the best technologies in
"green building." Due to his past experiences in operating companies, Eckhouse was
approached by the CEO to run the Building Performance Group. As Vice President of
the group, Eckhouse leads his team in making software that engineers and architects
can use to methodically assess a building's energy consumption. The results produced
by the group are used for LEED submittals for registering a building as environmentally
sustainable, and quantitative analyses for compliance with local and national
building codes.
Looking back at his own past experiences, Eckhouse advises young entrepreneurs
not to rush immediately into a startup right out of school. "Don't be afraid to
go work for a big company first and take advantage of the training and mentoring
you'll receive. Find good mentors, all the way through life. People who can teach
you skills and new ways of looking at things are always critical." Additionally,
Eckhouse notes that many great businesses require insider knowledge of an industry,
and it's crucial to gain experience from within the industry to truly understand
how to bring a solution to that market. "That's when you'll find the 'ah-ha!'
moment, where you can see a broken process that could be an opportunity to start
a successful business."
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