Testimonials

 

testimonial videos

Video Testimonials

Please click on the links below to access video testimonials of past winners from the Business Plan Competition. 

Miami Business School- Business Plan Competition Winners’ Testimonials

1. How do you believe the experience of participating in the Business Plan Competition will help you when you start a business in the future?

Video Answer

2. What were the experiences in the Business Plan Competition that you believe will most impact you in the future when you start a business?

Video Answer

3. How did working with mentors enhance your experience?

Video Answer

4. Would you recommend to other students and alumni to participate in the Business Plan Competition?

Video Answer

5. What was your experience with the Startup Practicum at the School of Law, University of Miami?

Video Answer

6. Please give us an update on the plan your presented at the 2017 Business Plan Competition.

Video Answer

 

Miami Business School- Business Plan Competition Judges/Mentors’ Testimonials

1. Do you believe the students are receiving a realistic experience in the Business Plan Competition of what it takes to start a business?

Video Answer

2. Who should participate in the Business Plan Competition?

Video Answer

Additional Testimonials

Connor Sterling Howell, UG track, Honorable Mention $2,000,

2018 Business Plan Competition


1. How was your experience participating in the Business Plan Competition (general) and with the mentors?

I truly enjoyed working with my mentor and the entire process. Having the opportunity to actually create a business plan and to gain experience is priceless. I will definitely remember this experience for years to come.


2. What was your business idea/project and which track did you participate in?

Our project was the "100 hr alarm clock,” a pressure sensitive alarm that prevents the user from oversleeping. Landon Akiyama and myself participated in the undergraduate track.


3. What prize did you win and how do you plan to enhance your business?

Our group won Honorable Mention. In future days, we will develop a final revision of our proof of concept as a prototype to test with early adopters in alpha testing.


4. What resources did you use to help you in the competition? (i.e. workshops, mentors, Launch Pad, professors)

Our group attended both workshops relevant to the Business Plan Competition.


5. Would you recommend other students/alumni to participate?

Yes, I believe this experience is worth the time and effort. Although it seemed daunting at the beginning, when the finals rolled around, all that hype and stress were relieved.


6. What did you value the most from participating in the competition?  What did you get out of it (besides the prize money)?

The most valuable experience from participating in the competition was developing pro forma financials on a product that initially we knew nothing about regarding pricing and operating structure. Through this experience I have become more versed at creating and tweaking financial statements on new business ventures with little to no data.

 

Joseph S. Keilman, Graduate/Alumni track, Honorable Mention $2,000,

2018 Business Plan Competition

 
1. How was your experience participating in the Business Plan Competition (general) and with the mentors?

Good! The mentor I worked with was experienced as a Venture Capitalist, and was able to give me insights into what a successful investor is looking for in a startup. I was able to modify the plan to adress some of the ideas he brought up. On the presentation side, he had a great line about streamlining my presentation: "You're telling them what time it is, not how a clock works." 

 

2. What was your business idea/project and which track did you participate in?

WhiskyTooth is an alternative oak aging system for alcoholic beverages. Alumni track.

 

3. What prize did you win and how do you plan to enhance your business?

WhiskyTooth got an honorable mention and a $2,000 prize. That's going to be used for market research and further product development.
 

4. What resources did you use to help you in the competition? (i.e. workshops, mentors, Launch Pad, professors)

My mentor, and the spreadsheet from the Launchpad was fantastic. I had a lot of local help from CO-Wood, a Colorado-based nonprofit that helps forestry businesses get off the ground, as well as the area SBA branch.

 

5. Would you recommend other students/alumni to participate?

Sure! The business plan is the exact point where thinking about starting a business stops being fun. It's a great way to see if the idea has the numbers to make it worth the effort, and the resources UM provides in getting there are wonderful.

 

6. What did you value the most from participating in the competition?  What did you get out of it (besides the prize money)?

Some of the judges during the interviewing had really good, probing questions that I really didn't have answers for.

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