Guest Speaker - Amy Sallin

Last Thursday we had Amy Sallin, from Buerk Center for Entrepreneurship of Foster Business School in UW Seattle, as our guest speaker. She has introduce to our class the Entrepreneurship's Business Plan Competition that is held in UW Seattle every year.
About the Business Plan Competition, this is a $70,000 prizes competition for students from colleges in Washington States to have some experience in starting their businesses. First, there are resources to connect students with other students from different majors and the ability to form a strong team that people with different skills could work together. Students can start seriously from their ideas into a further step with valuable feedback from experienced entrepreneur such as judges or potential investors. Moreover, students also will learn a lot from other students. One of the most important benefit students in this competition is building networks of contacts. Lastly, they will also receive many coaching and mentoring on their skills to maintain their businesses well in the future. In general, this will be a great opportunity for all students from many colleges to learn and improve skills on business start-up, and the team that is good and lucky enough to win the completion will have some money to implement their ideas. For us, this is a chance to make a further step from our business plans that we will need to submit at the end of the quarter, which will help us to transform our plans into a real business. Obviously it is very difficult to win the completion, but even if we cannot go far in this competition, we still will gain a lot of things from this contest such as personal experiences or connections.