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HSA 65th Anniversary Book

• To provide an organization with facilities and some capital through which students of the university could be encouraged to develop and to manage small businesses that might provide funds that could be applied to the cost of their education. • To afford needy students of the university the opportunity to earn substantial amounts of money for brief periods of work through the exercise of energy and ingenuity. • To encourage students to explore the business community as a potential career choice. • To enable students to gain valuable experience and to develop a sense of the excitement and responsibility involved in the management of small enterprises.

• To provide an organization with facilities and some capital through which students of the university could be encouraged to develop and to manage small businesses that might provide funds that could be applied to the cost of their education.
• To afford needy students of the university the opportunity to earn substantial amounts of money for brief periods
of work through the exercise of energy and ingenuity.
• To encourage students to explore the business community as a potential career choice.
• To enable students to gain valuable experience and to develop a sense of the excitement and responsibility involved in the management of small enterprises.

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fy

12

FEBRUARY 1, 2011 –

JANUARY 31, 2012

A new Tutoring agency helps

HSA finally make a profit

PRESIDENT

Ethan

Waxman

OFFICES

67 Mt. Auburn St.

17 Holyoke St.

52 JFK St.

Holyoke Center Arcade

LET’S GO TITLES

• Europe

• Israel

• Europe Top 10 Cities

• Budget London

AGENCIES

HARVARD

STUDENT

AGENCIES

After years of cuts, expenses were as low as they could go,

and still the company had not turned a profit in recent

years. It was time to focus on growing revenue. Two ideas

from FY11’s internal innovation challenge moved ahead.

President Ethan Waxman worked for six months to bring

a late-night food truck to campus, but after granting

preliminary approval, the university got cold feet. (Two

years later, Harvard finally invited food trucks to vend in

Science Center Plaza — without HSA’s involvement. They

proved wildly popular.) HSA also gained a marketingconsulting

agency as HSA Publications (whose ad-salesbased

business model, it had become apparent, was a relic

of a bygone era) metamorphosed into HSA Marketing.

The HSA Marketing account managers.

The agency partnered with Distribution to help outside

businesses craft holistic packages to best reach Harvard students. The Marketing crew dished out the

rebranded Best of the Unofficial Guide to Harvard and seven other colleges, redesigned its other publications,

and won the office award for “Most Patriotic Team” for their all-American summer barbecues.

• Budget Paris

• Budget Berlin

• Budget Prague

• Budget Rome

• Budget Florence

The trend of modernizing agencies caught on. HSR formally split into three different agencies: HSA Bar

Services, HSA Tutoring, and HSA Translation. (Profitable temp services such as research and serving

were folded into Bar Services.) As a result, managers no longer divided their attention between the various

components of HSR, and the sovereign agencies were free to focus on their own growth. The split was instantly

successful, especially for the Tutoring agency, the fastest-growing segment of the company. Originally just

a small slice of HSR, a newly unencumbered Tutoring added courses to fill every weekend, began private

subject-test tutoring, and quintupled its revenue to $100,000. Rover also grew rapidly, branching out from

iPhone apps to become a full-service development agency for iOS, Android, and the web. HSA Dorm Store

rose from the dead as HSA Dorm Essentials, reanimated by a new pact that allowed HSA to resume selling

dorm furniture but delegated inventory and delivery to Student Logistic Services.

Two entirely new agencies also had their premieres. After a two-year effort, HSA.tv finally brought cable

TV to Harvard dorms thanks to technology developed by Tivli, a startup founded by two recent grads that

was now incubating on the fourth floor. The online streaming service took its first paid customers in the fall,

but Tivli soon became Philo and packed up for more silicon-colored pastures. The i3 gave HSA Video its

big break, and HSA’s 14th agency began offering video services to local clients. Three Hasty Pudding actors

crooned, “If you liked it, then you should have put a [One Ring] on it,” in one of their first projects, a Harvard

Shop promotional video that went viral across campus.

• Budget Madrid

• Budget Barcelona

• Budget Istanbul

• Budget Amsterdam

• Budget Athens

OTHER TITLES

• Best of the Unofficial Guide

to Life at Harvard

• The Unofficial Guide to

Prefrosh Weekend

• The Harvard Guide to

Summer Opportunities

• Best of the Unofficial Guide

to Student Life in Boston

• Unofficial Guide to Summer

at Harvard

Waxman, Vice President Libby Shuman, and

Publishing Director Joseph Molimock ’11.

The early 2010s were not a pretty time for HSA’s online presence. Its websites had been moved to different platforms for three

consecutive years, and the company was losing revenue from recurrent crashes, the result of its patchwork of websites across

four platforms. At last, HSA said enough was enough and migrated its more than 10 sites to one third-party gateway without

interruption.

FY12 also introduced a new position to HSA: the Managing Director. Instead of the President and Vice President supervising

every agency themselves, managers now reported to a handful of “super-managers” who each oversaw their own cluster of agencies,

such as Cleaners and Dorm Essentials, Marketing and Distribution, and the ex-HSR agencies.

The result of all these changes? Revenue leapt forward by more than $1 million over

FY11. Incredibly, the company had made a profit — and a sizable one at that. After years

of losses, HSA was back in the black.

After three years of breakneck growth, The Harvard Shop had outgrown the management

size and structure of a traditional agency. This year, The Harvard Shop nearly doubled

its corps of managers to seven and got its own Managing Director to oversee them.

After years of volatility, the Harvard Shop website was finally endowed with a clean user

interface and smoother functionality. A new five-year agreement with Trademark Tours

(formerly Unofficial Tours) was negotiated, and the shop broke $1.5 million in sales for

the first time, turning its highest profit to date. The influx of cash funded a much-needed

facelift of 52 JFK St. The original Harvard Shop closed for a full month in December

and emerged almost unrecognizable, with new flooring, lighting, signage, and colors. A

decadent bash at Weld Boathouse toasted both Doris Jones’s retirement and the 10th

anniversary of The Harvard Shop joining HSA.

Lauren Xie ’13, Gorick Ng ’14, MBA ’18

Andre Gonzalez ’14, and Ali Evans ’13, MBA ’19.

Doris Jones and seven former

Harvard Shop managers.

Let’s Go did something it hadn’t accomplished in years — it came in under budget! Seventeen RWs shot reinvigorated copy back

to 18 staffers at Let’s Go headquarters. Full color returned to the covers of the series’s 14 books, which included the new Let’s Go:

Europe Top 10 Cities and a new line of pocket-sized, red-and-yellow Budget Guides to 11 cities. Eleven were part of the new line of

budget guides — pocket-sized, more colorful, and devoted to individual cities. The

web also got its own dedicated team of RWs who traversed the U.S. and Canada in

search of the hottest blog content and the most awkwardly hilarious videos. With

help from Rover, Let’s Go dipped its toe into the world of mobile in the fall with

five free city-guide apps for the iPhone or iPod Touch.

• HSA Cleaners

• Let’s Go Publications

• Harvard Distribution

• Cronin Center for Enterprise

• The Harvard Shop

• Rover

• HSA Talent

• HSA Marketing

• HSA Dorm Essentials

• HSA Bar Services

• HSA Tutoring

• HSA Translation

• HSA.tv

• HSA Video

The renovated Harvard Shop at 52 JFK St.

96 HSA 65th Anniversary History Book 97

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