Global Entrepreneurship - From CEO to College Student
Diane_Pham 2700051VG5 Visits (1545)
"Develop your initiative. Do something no one else has done."
It seems that by the end of the day, it is clear that all nine competitors have kept that simple quote in their minds throughout their development. Global entrepreneurship was illustrated at a very high level this afternoon as businesses endured a pitch pre-battle for the noteworthy title, "2011 IBM Global Entrepreneur of the Year." Following their speeches, followed a series of roundtable discussions from topics ranging from rooms of improvement and expansion to praise and criticism. The most interesting aspect will be the overnight transformation of these pitches as each entrepreneur perfects and primps their business strategy for the big day tomorrow taken in consideration the useful suggestions from mentors all around the globe.
Although the whole day ran on a very tight schedule, I was fortunate enough to get to sit in on a couple interviews with CEO's of a few competing companies. It seems that the trend was steady - there was a process from taking simple thought to progressive action. Perhaps the most simple and useful, but often overlooked piece of information that was mentioned was to maintain your initial focus. Do one thing and do it well. Often times, like a college student on the verge of graduation, a CEO is faced with many opportunities of expansion. Which industry should they attack? Which consumer market? Which product? Which service? When there are so many ideas flowing, it is sometimes hard to just focus. Quality over quantity is the mantra, and it is one that we often over analyze. One company explained that the major point of change in their development was refocusing to just one market and only then did they truly progress.
So what does all this entail for a little college undergraduate? At San Jose State we are told everyday that we are already bred with an advantage of diversity and innovation in midst of a fast pace technological environment. Without a doubt, the experience is overwhelming. It's not everyday we are face to face with CEO's, let alone nine. But in light of everything experienced so far, the true lesson is that entrepreneurs can come from anyone and anywhere. Regardless of the resources and the experience, it's the passion behind the strategy that drives the entrepreneurial spirit we were immersed with today. From CEO to College Student, entrepreneurship holds to it the same potential, all it takes is the spark to light the fire.
No doubt, it will be very interesting to see the revamped pitches tomorrow as well as the announced winner.