A business plan competition is a great way to enhance your credibility in the world of business and entrepreneurship. It is the occasion where you get enough scope to alleviate your knowledge on the present generation of business planning as also test your own skills and foresight from the other similar minded people’s perspectives. Many renowned colleges and big business houses occasionally organize business plan competition to give the college students the real-world-experience and grab the attention of the investors. The established business houses often fund the college entrepreneurs and take active participation in any new start up where they find a plenty of opportunities to grow. For the motivated students, who want to enter and expand in the world of business, it is really a great opportunity to impress the investors and also test their own oration skill. Students often remain indecisive whether to participate in such programs or not, some students feel nervous, some feel that they will be summarily rejected, and some think that they will not be able to impress the judges.
Participate or Not to Participate in Business Plan Competition
Though the decision lies on you, think twice before negating the thought. It may be a lifetime opportunity for you to fulfill your dream and that may become a huge success in future. Here are some reasons why you should participate in a business plan competition:
- If you have a plan in mind, then this competition is the best way for a student to materialize that plan.
- If you have any investment issue for which your plan is not implemented till today, it is the best way to catch attention from the investors.
- Even if you are not seeing any scope to get fund for the startup, you will definitely get the scope to understand what you need to do next?
- You will get enough scope to share your ideas with some best minds of the world, your classmates, and students from other colleges and universities.
- You will also get opportunities to be heard by the top business people, academicians, and intellects who keep interest in startup projects. Their advice and speeches will definitely help you in future.
- At the end of any such program, you will realize that you have become grown up, your speaking power has much improved, your contacts have increased manifold, and above all, you will feel very positive.
So, participating in this type of programs is definitely a good step in your career.
Some of the Best Aspects of Business Plan Competitions
The goal of any such competition is to facilitate overall entrepreneurial and educational experience for the students and participants through the amutual share of knowledge and experience. Some note-worthy aspects of such program are as follows:
- It’s a real-world opportunity for the students to learn how to launch a startup or a new concept successfully.
- A rare opportunity to intermingle with the business tycoons and listen to them.
- An opportunity to receive mentoring from the renowned investors and experienced people.
- Opportunity to get advice from the above-mentioned people who are already established in business.
- Listen to qualified judges who are of course senior people in all aspects.
Some of these business plan competitions offer excellent coaching opportunities too. Students are coached by the experienced people in designing the presentation, how to smoothly express your views, how to represent the technical aspects before the judges, and to pitch throughout in a professional tone, etc. These are specially designed for the students who are dreaming big in business and entrepreneurship. That means you are prepared to represent your plan in a professional manner which in itself learning experience for all participants.
Winners Grab the Lifetime Opportunity
Nothing in this world will make you so proud and happy as winning the competition. Though the competition will be fierce, it not an impossible game. In past, hundreds of fellow students and great dreamers have bagged the winner’s trophy in different competitions of type. Many of them are now established a name in the business world.
Winning the competition opens up a new opportunity that the participants have never thought of. They get investment, new insight, new ideas and planning from the industry leaders, and also the scope to display this new achievement in personal and professional websites and social networks. Instances could be found where the participants, not the winners only, approach the investors later with new enthusiasm and narrating how their ideas are appreciated during the competition.
So, there is no harm in participating in these kinds programs. In case you are thinking about some academic time-loss or you have some urgent assignments are pending, you can contact BookMyEssay for immediate help for all assignment related questions. You can even contact BookMyEssay for preparing professional business plan assignment help for business plan competition speech. Everybody is there to help you, so go and grab opportunities that are knocking at your door.