My Inc. post today, “What’s Wrong With Business Plan Competitions: A Student View,” begins
What’s Wrong With Business Plan Competitions: A Student View
More reasons business plan competitions hurt entrepreneurship: from a student they’re supposed to help
I’ve written in Inc. before about problems with business plan competitions. Most voices promote them as unerringly valuable to students and entrepreneurship in general.
I’m presenting a contrary voice from an important source–a student. I’m not suggesting it’s the last word, nor all voices, but a voice from the supposed beneficiary.
I teach entrepreneurship at New York University. NYU and many organizations in Silicon Alley host tons of competitions and pitch events. I’ve also started several ventures over more than two decades and participated on both sides of these events.
Many of my students compete in them. Several have won–I think largely for not focusing on the competitions but instead on their customers and teams.
Read the rest at What’s Wrong With Business Plan Competitions: A Student View
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