The competition is running its course and so, we've reached our mid point. The past Saturday (16 November 2013) it was a whole day event, where the participants have tried their best to learn from experience in how to create the best business innovation and also how to make money from it (The business model).
So the day began at 10am sharp, with more than 30 participants in the conference room in Business Academy Smilevski - Bas. Smiling faces, enthusiasm and high anticipation could be felt in the air as Gorazd Smilevski gave the opening words of the session and started the first academic input of the day - "How to develop a business concept from innovative idea". Shortly afterwards, six teams emerged from the group and gathered together to start working on one of the ideas from the previous meeting. An hour later, everyone gathered back from their individual work and began presenting their own concepts, developed now through several points. After a q&a, suggestions and comments session with the whole group and the facilitators, the results were overwhelming, in terms of further development and stronger establishment of the ideas in work.And there was the well deserved lunch.
After the 15 large pizzas shared amongst the group and dozen of sweet pancakes, everyone, re-energized came back to the conference room for the beginning of the second session - "How to develop the business model from the idea concept". In other words, how to make your idea, bring profits to you. Identically - academic input first, teamwork afterwards. After couple of hours, teams brought their best business models they could've come up with in the short term and brought it before the others. After hearing them out, between the massive applauses the group gave their own opinions, suggestions and positive criticism in order to further develop, strengthen and improve the models.
Everyone happy and with "can't wait" attitude towards the end of the competition, left the event, smiling, socializing and went to work on their own ideas with the knowledge and experience they've received today.