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April 20, 2011 08:42 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ErGqOL4jhB0/
X PRIZE Visioneering and The Mother of All Business Plan Competitions
I've participated in dozens of business plan competitions over the years. I concluded that they are a lot fun, but that they do little more than educating students on the fundamentals of starting a business. They create a lot of heat and light but hardly any motion. There are few competitions winners who have made it big.I spent the weekend, however, participating in a competition that was really different and that promises to change the world. There were so many great ideas that emerged from this that judges said they would fund some of the losers themselves. This was at the X PRIZE Visioneering Workshop, in Beverly Hills, CA. The participants weren't MBA students; they were a hundred of the greatest engineers, scientists, and thinkers in the world. Many had already built billion-dollar businesses. The attendees included Eric Schmidt (Google), Dean Kamen (Segway inventor), Ratan Tata (Tata Group), Simon Worden (NASA), Aneesh Chopra (U.S. CTO), and Carl Bass (Autodesk)"and some entertainment-industry celebrities such as James Cameron (Avatar, Titanic), Will I Am (Black Eyed Peas), Jim Gianopulos (Fox Studios), and Ali Velshi (CNN).Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ErGqOL4jhB0/
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