What do you do when you have a chance to present to people who can be connections for you and help you with your goals?
That is what the New Venture Challenge class experience teaches participants in the ten weeks they spend as part of the course As the New Venture Challenge (NVC) enters its final round this week, the businesses that have gone through it have evolved and so have the entrepreneurs and their teams. Those selected for NVC have to take the class, which includes two rounds of pitching to potential investors. I sat in one of the pitching sessions and it was a wonderful learning experience even though I wasn’t trying to get any idea sold.
Continue reading Perfecting the Ask – An NVC classroom experience
Here at Booth, an interesting and special story is never a scarcity, especially after summer internships. But when I talked to Jesse Taylor, the founder of Verdant Financial Services and a good friend from the trenches of Commercializing Innovation, I was still very shocked by how special his summer internship was in an industry I had only heard about from news and movies—cannabis. This story is also a little bit special as it is about an entrepreneur who hustled into NVC when his proposal was originally denied—the only one of its kind. I have no doubt that his persistence and perseverance will be helpful moving the business forward in this new industry. Here’s Jesse’s story…
Continue reading NVC Series – Company Profile: Verdant Financial Services
Even in today’s world, start-ups that are for women, by women are surprisingly rare. So when I heard about 4Women, which is competing in this year’s NVC, I had to learn more. Co-founded by my friend Arshiya Fazal, this start-up is going to take on the big world of healthcare and its taboos.
What’s more they’re a true Booth love-story! The co-founders found each other on-campus in their first year, drawn together by their passion for healthcare. They’ve also worked together as co-chairs for Booth’s HealthCare Group.
Here’s their story, and as you can tell, they’re excited and full of passion for their work. Read on to find out more about these inspiring women and their work.
When fellow classmate Jamie Rubinstein mentioned their nail salon business to me for the first time, I immediately related back to the painful three-hour wait when my wife would do her nails. I am always amazed by how great pain points like these are being discovered by the ladies in NVC. Last year, we had a similar team in our section who wanted to develop a quick and easy shaving product for women. Without these teams, there is ABSOLUTELY no way I could possibly get to know such problems as a man. So I am always grateful for the different perspectives brought by these talented, female entrepreneurs. Most importantly, it is not just about nails. Let’s hear about it…
Continue reading NVC Series – Company Profile: ezza
In ten years time, I’m likely to forget about the teams who competed in NVC finals with us last year except for one—a team really changed my view about what diversity means at Booth and NVC, and taught me how passion can transform something from normal to extraordinary—a story about a toilet!
I knew Shane Durkin from the very beginning of Booth as we are in the same LEAD cohort and I saw him as a heroic figure—a Navy SEAL member. We discussed entrepreneurship and the trip to New Zealand he was planning back then. But what really surprised me was the business Shane brought to NVC and how great his final presentation was. Don’t be fooled when he casually mentioned his “ability to make the room laugh.” I made the room laugh, too, but I never got to take the second place and $70,000 back home. Their presentation was definitely my favorite among all finalists, including ours 🙂 Let’s hear about what he thinks about that journey now.
Continue reading NVC Series: A Reflection on NVC from Coronado Conservation