KOKOMO, Ind. — Dane Miller sold $17,000 worth of orthopedic implants during his company's first year of business. Twenty-five years later, Biomet had grown into an international corporation, with sales of $2.8 million and locations in 90 countries.
Miller will share his insights on entrepreneurship and business success at 5:30 p.m. Tuesday, February 12, at Indiana University Kokomo. His presentation, "The Life and Times of Biomet," will take place in Kresge Auditorium. It is free and open to the public, and free parking is available on campus.
Erv Boschmann, interim dean of the School of Business, wants those attending to be inspired by Miller's story.
"Whether or not you are in business, to hear from someone who has had huge success in life is always worthwhile," Boschmann said. "But there is also the notion of being an entrepreneur, starting something from an idea and developing that idea into something useful, that is very satisfying to most people."
He said students would also hear about the importance of giving back, as Miller has also given to many good causes through his philanthropic organization.
"They will see that he started with nothing, and built a company that is always mindful of needy people in the world," Boschmann said. "We are honored to host him at IU Kokomo."
Miller, who has a Ph.D. in materials science — biomedical engineering, co-founded Biomet in Warsaw, Indiana, in 1977. The company started with money pooled by Miller and his business partners, along with a Small Business Administration loan. The company specializes in medical products and technology. Miller served as president and CEO until retiring in 2006.
For more information, or to RSVP, contact Terri Butler at 765-455-9275 or e-mail firstname.lastname@example.org.
Indiana University Kokomo serves north central Indiana.