Wednesday, March 12, 2008

Enterprising with Flux 2008

Doing what you love for life and making money on that - man, that's the idea worth trying to carry out!
Fascinated by this simple, but incredibly complex to fulfill idea, we decided to gain some knowledge about 'how to be your own boss'. Most importantly, however, we wanted to practice it a bit and meet people who will be open to share with us their ideas and experience.

Flux500 competition was first initiative we took part in with Mario and our Friends from Salford University. Divided into two teams we were suppose to set up an imaginative company and successfully run it till achieving our goal. However, it was not as simple as it sounds...

The business for my team was to have a company that produces a decorative composter, that helps to turn the natural wastage into high quality compost. To make it easier and more competitive at the same time, we were suppose to compete with other groups, but we could also use some help of successful businessmen and women.

They helped us a lot with some Financial, Ethical, HR, Marketing and Strategic aspects of the business, however, it was us who finally pitched in front of everyone and were trying to 'get money' to set up a business.

Long story short, our team managed to get to final part of competition and we got second place, being beaten by the Manchester Metropolitan Uni.

Apart from good fun it was useful experience, as we managed to meet a lot of business related people and got some advice on how to operate in the real business environment.

Our Green Team thinking intensively and discussing fiercely

Finally pitching in front of experts and other Universities

me, Thomas, Leor, Mario, Ismael - future businessmen (and woman) :)

Tom during his Elevator Pitch discussing our business
with Gordon Brown's incarnation (one of the Experts)

Green and Blue - Salford Teams leaving the business competition to celebrate in a pub

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