As students continue to develop their personal business plans -- with the launch coming on May 4, they are in the process of working through the Financials. Is this a viable business side hustle or just a potential hobby? On Monday, they watched a video that helped prep them for a super modeling exercise. This process includes looking at their potential market for sales, cost related to bring the product/service to market, the average sale price per item, their time input and ends up providing them with an hourly rate. Their Super Modeling spreadsheet along with their business model canvas and pitch script were ready to go on Thursday in meeting with their mentors. We are so thankful for the time that they are able to digest with business leaders, identify their strengths and determine if there are any areas that may need more adjustments or research. I love the feedback when they know they have made continued progress! Thank you to every single mentor that shows up at 7am and ready to building relationship within Gateway CEO and share the wisdom you have earned after years of experience! We see you and we appreciate you. Great job to our young entrepreneurs and taking another step!
14Feb