Wednesday, April 1, 2009

Strage Innovation Award

Yesterday was the presentation part of the Strage Innovation awards. Basically I spent five hours writing a presentation and power point and half of an hour giving a presentation and answering questions as best I could and I won! You can get an idea of the competition from the website here. I presented Fitzroy Mountaineering and my ice axe, carabiner, harness, and book as marketable things. Anyway they are all older and experienced judges and if they like it that gives me even more motivation to start a company. They are offering to help with my business plan and other such start up company problems. This could be a big help because it would get me in contact with people that have experience and can handle situations much more efficiently than I. 

One thing I learned that they mentioned twice was that I would probably qualify as a lifestyle company. So I learned more about lifestyle companies and investing on Don Dodge's blog here. I'm not sure how I feel as a company that they wouldn't expect to grow much. Of course their definition of growth and mine are probably a bit different. If there were ten employees and sales over a million dollars a year I would consider that the big time from where I sit. 

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