Sunday, February 28, 2016

Amy Sallin

          Last Thursday Amy Sallin came to speak  to our class. A little of her background is that she Connects visionary students with the resources they need to achieve their entrepreneurial dreams. Plan and execute the Buerk Center for Entrepreneurship's Business Plan Competition as well as the Jones + Foster Accelerator program.Amy talked about one of the ways to find start up funding for a business. One of the ways is winning a  business competition, which is very hard. 
         She talks about the UW business plan competitition:

  • there is $70,000 prizes awareded.
Benifits:

  • Make serious progress on your idea/vision
  • Gain visibility from the entire community
  • Build your network of contacts
  • Get feedback from other entrepreneurs
  • Receive skilled coaching  and mentoring
  • Win money to start your company
        She gave tips on what to say when you are proposing your business plan in the competition. She states that you have to be honest and realistic about your business. You can't say for example every body will buy and like your product that's not realistic.Also do your research because some people will say they have no competitors but they do. Her advice for a team was to have 4-5 people but 10 people was like over kill. At the same time she said if you have more people you do less talking.

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