By Larry Chiang<\/p>\n
Business Plan competitions don’t produce winners. They only produce losers (as of March 3, 2013 there are no winners)<\/p>\n
Well, here is how to win.<\/p>\n
I’m like Captain Kirk when he was a starfleet cadet in doing the<\/p>\n
One KILLER Slide.<\/p>\n
It has your team<\/p>\n
Preferably, it has three engineers that all sell.<\/p>\n
For example<\/p>\n
SALLEY – cs major. Sells VICTORIA – cs major. Promotes BEN – cs major. Sales promotions<\/p>\n
Sales so far = $1,800.oo<\/p>\n
-2- Change the “Business Plan Competition” to… Business Model COMPETITION<\/p>\n
It used to be the battle of the pretty power points sprinkled with how poutie a cause you can conjure up. The non profit helping poor kids always wins the power point battle because judges gotta give the $5000 prize to some team…<\/p>\n
Win the real prize by doing a – LCRRM – One way letter of intent – EUBM (engineer up a business model) – Leverage “internal escrow”<\/p>\n
It is all part of my Yahoo business article, ‘reduce sales friction’<\/p>\n
My Stanford Engineering video boils down 20,000 hours and moves you to the right on the entrepreneur bell curve<\/p>\n
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What A Super Model Can Teach a Harvard MBA About Credit https:\/\/www.slideshare.net\/larrychiang\/what-a-super-model-can-teach-a-harvard-mba-about-credit<\/a><\/p>\n American Express’ Under-Promoted Credit Truths at Mercedes Benz Fashion Week (MBFW)” https:\/\/t.co\/inxTmZAj<\/a><\/p>\n My Stanford Engineering video boils down 20,000 hours and moves you to the right on the entrepreneur bell curve<\/p>\n <\/p>\n CEO of Duck9 MIT University EIR (Entrepreneur in Residence)<\/p>\n Duck9 = “Deep Underground Credit Knowledge” 9 125 University Avenue\/ 100 Palo Alto CA 94301 https:\/\/www.duck9.com\/ass<\/a> 650-566-9600 650-566-9696 (direct) 650-283-8008 (cell)<\/p>\n **************** Editor of the BusinessWeek Channel “What They Don’t Teach at Business School” https:\/\/whattheydontteachyouatstanfordbusinessschool.com\/blog<\/a> CNN Video Channel: https:\/\/ireport.cnn.com\/people\/larrychiang<\/a><\/p>\n Read my last 10 tweets at https:\/\/www.Twitter.com\/LarryChiang<\/a><\/p>\n Author, NY Times Bestseller https:\/\/whattheydontteachyouatstanfordbusinessschool.com\/blog\/?s=Ny+times+bestseller<\/a><\/p>\n “What They Will NEVER Teach You at Stanford Business School” comes out 11-11-14<\/p>\n