From the experience, Mullen says he learned “about the process of starting your own business and raising the capital to start.”
Second-place honors went to seniors Luke Hammoor, Peter Weisbrod and Josh Hollingsworth for Got Your Back, Bro.
Hammoor explains, “It’s a gift giving and reminder service that helps guys purchase gift packages for their loved ones.”
Hollingsworth says he and his teammates learned the importance of “working together.”
Weisbrod notes, “If we ever feel like starting a business, it will be helpful.”
Seniors Cora Weisenbach and Isaiah Frey placed third with LED’D, a LED light attachment for mailboxes that makes it easy for owners of homes, farms and businesses to make their property distinct and easily identifiable.
Weisenbach learned “how much work it is to start a business.” The competition “gave us the chance to professionally speak and present to adults.”
In addition, Frey says, “It taught us to plan ahead.”
Maple announces the prizes included $500, $300 and $200 for first through third places, respectively. “The beauty about this competition is that the first-, second- and third-place business winners will move on to the regional competition (at the end of February in Columbus with its chamber), where they will compete against (students at) other area schools to see who has the most viable business.” They eventually have a chance of winning up to $10,000 in prize money, depending on how the judges see the money should be distributed.
After participating in this challenge, he hopes his students “learn all the functions of a business and what goes into a business plan. Yes, it would be easier for me to stand up and lecture about this – but that is not an authentic learning experience. Not only do students learn how to put together a business plan, but they are prepared for their future.
“Business skills are used in every profession. Students are given the opportunity to really put themselves outside of their comfort zone, work together as a team on a long-term project, learn professional etiquette and work with some outstanding community members. The skills they gained from this experience will help them for years to come.”
Diane Raver can be contacted at firstname.lastname@example.org or 812-934-4343, Ext. 114.