During the startup seminar of b-innovative we, the participants, were asked to provide a 2-3 page summary of our business idea.
As usual, when the idea is not settled, tested and proven, hesitation is there and uncertainty ... should I really describe how it might look like, even if it most likely will turn out differently?
Well, I made it! Described my first business plan - a short version, but nevertheless.
A second seminar was done to receive more applications (and more competition for me ...) and finally - my business idea and plan was chosen as the best and most convincing one! Surprise!
True, it is not the most prestigious price (did anyone hear about it before?) and the money doesn't go far, but still, it is a nice encouragement.
Currently the third round of seminars, or cohorts as it's called, is on its way. Check the details including my gratification here -> b-innovative .
Our Learnings from this seminar
- First, just go to seminars and events about startups and entrepreneurs. Especially in the beginning you can not hear enough of the experiences of others, successful and sometimes even less successful founders!
- Second, write down your business idea(s) - especially if you have a slightest chance of winning something! In any case you sharpen your thoughts.
- Third, "get the heck out of the building" as Steve Blank nicely points out (check his -> blog). Plans are nice, but going out and actually test them is by far better!
And "getting out" is, what I am currently doing.
Thanks for reading through!