By Larry Chiang
Business Plan competitions don’t produce winners. They only produce losers (as of March 3, 2013 there are no winners)
Well, here is how to win.
I’m like Captain Kirk when he was a starfleet cadet in doing the
One KILLER Slide.
It has your team
Preferably, it has three engineers that all sell.
For example
SALLEY – cs major. Sells VICTORIA – cs major. Promotes BEN – cs major. Sales promotions
Sales so far = $1,800.oo
-2- Change the “Business Plan Competition” to… Business Model COMPETITION
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…
Win the real prize by doing a – LCRRM – One way letter of intent – EUBM (engineer up a business model) – Leverage “internal escrow”
It is all part of my Yahoo business article, ‘reduce sales friction’
My Stanford Engineering video boils down 20,000 hours and moves you to the right on the entrepreneur bell curve
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
American Express’ Under-Promoted Credit Truths at Mercedes Benz Fashion Week (MBFW)” https://t.co/inxTmZAj
My Stanford Engineering video boils down 20,000 hours and moves you to the right on the entrepreneur bell curve
CEO of Duck9 MIT University EIR (Entrepreneur in Residence)
Duck9 = “Deep Underground Credit Knowledge” 9 125 University Avenue/ 100 Palo Alto CA 94301 https://www.duck9.com/ass 650-566-9600 650-566-9696 (direct) 650-283-8008 (cell)
**************** Editor of the BusinessWeek Channel “What They Don’t Teach at Business School” https://whattheydontteachyouatstanfordbusinessschool.com/blog CNN Video Channel: https://ireport.cnn.com/people/larrychiang
Read my last 10 tweets at https://www.Twitter.com/LarryChiang
Author, NY Times Bestseller https://whattheydontteachyouatstanfordbusinessschool.com/blog/?s=Ny+times+bestseller
“What They Will NEVER Teach You at Stanford Business School” comes out 11-11-14
https://www.fastcompany.com/embed/c0d4562ea2049
52 Cards. Two Jokers. What They DO Teach You at Stanford Engineering
Emergency swings and cutting deals as an 9 year old
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More on #ENGR145’s SHIFTING right on the entrepreneur bell curve
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