Monday, January 27, 2014

In it for the Competition not the Entrepreneurship

On January 21, 2014, a guess speaker talked to the class about a business plan competitions. Amy Sallin is the Assistant Director and BPC Program Manager. This business plan competition is created by the University of Washington's Buerk Center for Entrepreneurship. Basically, what it is -is a competition for young student entrepreneurship to seek out their ideas into a plan and make it happen. There's levels in which the group goes into, screening round, investment round, sweet sixteen (only sixteen groups will make it), and then the final round. Jones + Foster Accelerator funds for start-ups coming out of the Business Plan Competition.

My thoughts?

I think it's great for students who want to be entrepreneurs, but honestly, I'm not an entrepreneur. I think it experiences to be involved and I would like to join a group of has entrepreneurs because I'm more have a planning person. I like to organized ideas and make realistic goals. I'm the person who always ask how, when and why would the ideas would work. Some say I might be a negative person because I'm skeptical of ones ideas but I think I'm the person who challenge entrepreneurs of the "what if" questions. For example, "What if this [something bad] happens?" or "What if it [some plans] do not go as plan?" I like planning and finding answers to these questions.

So in other words. Entrepreneurs isn't me. I do not have original ideas for that matter. However, I can be the one who can help those entrepreneurs see their plans happen with strategies, questions and analyzes, step by step "how to's" and so on.

I am interested in joining a group that already has an idea for a business in next year competition.

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