Minnesota Business Venture

Transcription

1 2017 Program Recap Minnesota Business Venture ANNUAL PROGRAM IMPACT PROGRAM RESULTS It literally felt like I started a whole new life. The people were great and the experience was like no other. I got to make a business plan, hangout with new friends during rec. time, but I got to learn so much more. Student from Reve Academy 99% of students plan to pursue continued education after high school. 99% of students feel more comfortable with their money management skills such as saving, credit scores, investing and budgeting. 97% of students say they would recommend Minnesota Business Venture to a friend.

2 Sunday What is your Why? Donzell Dixson, Target Corporation Speakers and Topics by Day Wednesday Entrepreneurship A MBV Alumni Story *Tyler Olson, SMCpros Social Entrepreneurship: Traveling for Good Lindsay Pluger, Students Today Leaders Forever Thelmy Maldonando, Students Today Leaders Forever The Entrepreneurship Spirit Anton Vincent, Moxie Capital Making it Count Adam Cohen, UnitedHealth Group Monday Personal Branding Michael Keller, Pearson Candy Company Presentation Skills Eric Forstrom, U.S. Bank Interviewing Lindsey Baker, Ecolab Inc. Time Management Mary Soroko, St. Cloud State University Communication Styles Jason Colvin, True Friends Emotional Intelligence Sara Olson, Allianz Life True Colors Samantha Funk, BestPrep Tuesday Financial Values Jerrid Sebesta, Taatjes Financial Group Renting an Apartment Sara Croymans, University of Minnesota Extension Jennifer Garbow, University of Minnesota Extension Credit Matters Stephanie Musgrove, Affinity Plus Federal Credit Union Car Insurance Matters Heather Kinney, Allstate, Kinney Agency Paying for College Ron Lutes, Thrivent Financia Keith Sowada, Thrivent Financial Ethics: Fraud and Consequences Dave Irvin Hank Shea, University of St. Thomas John Rubischko, Financial Education Services Philanthropy: Pay it Forward Amy Hanson, Affinity Plus Foundation Julie Rethemeier, Federated Insurance Nicole Hansen, Thomson Reuters Rachel Geraty, C.H. Robinson Worldwide Jacqueline Berry, 3M Jessica Aleshire, Boston Scientific Thursday Networking and Relationships Jeff Munneke, Minnesota Timberwolves and Lynx Vision Speaks Louder than Words Daniel Shannon, Daniel Shannon Speaks Great Leadership Rob Goggins, Great Clips, Inc. Financial Values Nathan Dungan, Share Save Spend, LLC Sam Walton the Entrepreneur Cathy Misko, Walmart - Market 424 Marketing 101 Joy Svoboda, Fabcon Companies LLC Laura Murphy, Nestle Waters Finance 101 Matt Molinaro, Ecolab Inc. Operations 101 *Allison Kibler, Target Corporation * Denotes MBV Alumni throughout the document MBV alumni and speaker Tyler Olson of SMCpros speaks with a student after his presentation.

3 2017 DEMOGRAPHICS Gender: Female: 58% Male: 42% Free / Reduced Lunch: 39% Class Breakdown: Ethnicity: Freshmen: 22% African American: 14% Sophomores: 37% Asian: 29% Juniors: 34% Caucasian: 37% Seniors: 7% Hispanic / Latino: 13% MBV ACTIVITIES Multiracial: 6% Native American: 1% In addition to the informative speakers a variety of experiential activities are offered that provide hands-on learning for students. Team Building: Junk Night Out of the box product development and fun icebreaker. Camp Jam An interactive teambuilding game. Business Plan Project & Presentation A company spends eight to ten hours throughout the week developing a new product or service and creating the marketing, finance, and operations plan which they present to a panel of investors during a 15-minute presentation. The ideas pitched end with a loan proposition. Financial Literacy: Paying for My Lifestyle Volunteer financial advisors work with a team of students to explain budgeting, the power of compound interest, and investing early. Career Building: Mock Interviews Business professional volunteers conduct a 10 -minute interview with each student. Volunteers provide valuable feedback to students, improving interviewing skills. For Fun: Speed networking, Minute to Win It games, recreation time, movie nights, and a dance. RBL and CEO group at St. John s University I enjoyed being able to live the college life for a week and becoming independent. I felt very incorporated with all the activities. I learned many tips and tactics I can use going into the business world. I would definitely recommend the camp to anyone who is interested in business or would like to learn lifelong skills. Student from Warroad High School RESIDENT BUSINESS LEADERS (RBL) RBLs are business professional volunteers who make the commitment to facilitate, mentor, and guide students for an entire week at MBV. These individuals are the key to MBV s success! Rick Anderson, Allianz Life Joshua Andrews, Securian Financial Group Daniel Anstedt, Travelers Katherine Bjorkman, Ecolab Inc. Leisha Cavallaro, Travelers Marissa Cleaveland, Securian Financial Group Emily Hancock, Securian Financial Group Krystle Igbo-Ogbonna, Century Community College Laura Iten, Travelers Ashley Kresen, Ecolab Inc. Audrey Langston, Travelers Zookong Lee, Century Community College Josh Lehman, Allianz Life Amelia Lijewski, Ecolab Inc. Patrick MacDonald, Ecolab Inc. Eric Mahowald, Securian Financial Group *Tim Mercil, Medtronic Bryce Nordaune, Securian Financial Group Paul Pernula, Shady Oak Distributing Jenna Price, Ecolab Inc. Teresa Schmitz, Ecolab Inc. Travis Symoniak, Securian Financial Group John Taft, Travelers Andrew Tallman, Allianz Life *Jessie Welton, Federal Reserve Bank *Mainong Yang, Century Community College

4 Mock Interview Volunteers Volunteers conduct simulated job interviews and give immediate verbal and written feedback to sharpen students skills. Herb Allen, Cargill, Inc. Kate Austad, Affinity Plus - SCSU Campus Curt Baker, Workshop Allie Baker, BestPrep Amy Baldwin, Boston Scientific *Darren Beecher, Oracle Ronald Blair, Radias Health Matt Born, Hiway Federal Credit Union Greg Bourland, Boston Scientific Nancy Brady, United Educators Credit Union Leah Burak, Citizens Independent Bank Emily Chaphalkar, St. John's University Randy Daniels, CHS Inc. Chris Dardis, Versique Search & Consulting Mindy Diekman, Allianz Life Jean Fichtel, U.S. Bank Jonathan Filzen, BestPrep Linda Freitag, Thrivent Financial Samantha Funk, BestPrep Bridget Hansen, Venture Bank Sarah Hom, Affinity Plus Federal Credit Union Tina Jones, Hiway Federal Credit Union Tom Kopacek, BMO Harris Bank Jennifer Kottke, Boston Scientific Elizabeth Krogh, Artisan Financial Group Kay Kwang, Thrivent Financial Laurie Lafontaine, Allina Health Todd Leone Halee McBroome, Cargill, Inc. Ehren McGeehan, BMO Harris Bank Jenni Morine, King Solutions Allison Moses, Target Corporation Scott Nugent, Thomson Reuters Trysh Olson, Wings Financial Credit Union Deanna Olson, Defense Contract Management Agency Meghan Paulson, Cargill, Inc. Anna Rasmussen, BestPrep Thresa Russell, Wells Fargo Benjamin Sakhitab, Varde Partners, Inc Michael Samuels Brooke Skinn, 3M Glo Uribe, Hiway Federal Credit Union Bonnie Vagasky, BestPrep Terry Weber, United Educators Credit Union Dorwartha Woods, Flaherty Family Foundation MBV Advisory Committee The MBV Advisory Committee and subcommittees meet through the year focusing on updating curriculum. This year, the committee revised the Saturday leadership training and updated recruitment materials. Additionally, they selected the EY Entrepreneur of the Year TM Scholarship award winner. Carly Baker, Frauenshuh Hospitality Group *Darren Beecher, Oracle Sara Brandenburg, Allianz Life *Katie Brokaw, Ecolab Inc. Justin Duepner, Allianz Life Joseph Eucher, Ecolab Inc. Steve Florman, OptumHealth Lincoln Goede, Xcel Energy *Art Kennedy Jr, Thomson Reuters Kay Kwang, Thrivent Financial Eric Mahowald, Securian Financial Group Mary Marion, U.S. Bank Matt Molinaro, Ecolab Inc. Cale Nelson, Travelers Ridelle Pechacek, Securian Financial Group Tanya Schmitt, Ecolab Inc. Maggie Snetting, Thrivent Financial Kristina Walch, Allianz Life Committee Co-Chairs *Justin Rubin, Travelers Rick Anderson, Allianz Life Pre/Post Test Data All MBV participants took a pre/post test during the first and last day. The test had 17 questions which focused on careers and interviewing, personal finance, insurance, and business plan concepts. The average test score increased by 6%, and in some areas, knowledge increased up to 58%.

5 Company L at St. John s University after completing their business plan presentation. Financial Planner Volunteers Financial planners lead a session called Paying for my lifestyle, to small groups of students. They lead discussions on spending habits, budgeting, inflation, compound interest, and investing. Zach Bakke, Thrivent Financial Chase Brakke, North Star Resource Group John Conlin, RBC Wealth Management John Hajostek, Forum Communications Company Debbie Huddleston, Xcel Energy *Jason Kley, Carlson Capital Management Connor Koppa, Focus Financial Elizabeth Krogh, Artisan Financial Group Laurie Lafontaine, Allina Health Emily Meisinger Stephanie Musgrove, Affinity Plus Federal Credit Union Scott Nelson Trysh Olson, Wings Financial Credit Union Liz Olson, The Advocate Group Asta Petkute, KPMG, LLP Carissa Rothstein, Affinity Plus Federal Credit Union Andy Schmieg, Medtronic Don Spieker LeAnne Stutelberg, Shady Oak Distributing Alex Sutherland, Affinity Plus Federal Credit Union Annette Wanchena, Principal Financial Group

6 Business Plan Judges Bankers and other community volunteers evaluate students business plan presentations by listening, scoring, and providing feedback. Tammy Andrews, Citizens Independent Bank Kate Austad, Affinity Plus St. Cloud State University Campus Alex Bahl, Venture Bank Jason Bauerly, Ameriprise Financial Chase Brakke, North Star Resource Group Tamara Bratland, Medtronic Ted Caldwell Andrew Cravero Adam Davis Landy Evenson, Medtronic Stephan Florman, OptumHealth Bridget Hansen, Venture Bank Brett Howells, Venture Bank Jason Kley, Carlson Capital Management Tim Krinke Laurie Lafontaine, Allina Health Nicole Lallier, Medtronic Jim LoScalzo, Hewlett Packard Enterprise Dan McCarvel, Venture Bank Ehren McGeehan, BMO Harris Bank Ryan McKeown, Wealth Enhancement Group Kerri Metz, Venture Bank Kristine Mogollon, Thrivent Financial Stephanie Musgrove, Affinity Plus Federal Credit Union Scott Nelson, AJW Financial, Inc. Leslie Olson, Thrivent Financial David Paradise, BMO Harris Bank Jeffrey Partyka, UnitedHealth Group Steven Peterson, Venture Bank Asta Petkute, KPMG, LLP Cristen Purdy, Venture Bank Carissa Rothstein, Affinity Plus Federal Credit Union Daniel Ryan, Anchor Bank Anton Simpson, The Schwan Food Company Christy Smith, Travelers Maggie Snetting, Thrivent Financial Jeff Standke Arlen Stark Laine Suppes, Securian Financial Group Erik Voge, Antenna Annette Wanchena, Principal Financial Group SPECIAL THANK YOU Success at MBV would not have been accomplished without these individuals. CEO COORDINATOR: *Darren Beecher, Oracle University MBV INTERN: *Jacob Fette, University of St. Thomas TRANSPORTATION HELP: Allie Baker, BestPrep Jonathan Filzen, BestPrep Greg Orvik, BestPrep John Schulte, BestPrep *Katelyn Storch, Normandale Community College DORM MONITORS: *Alexis Cogar, Century College *Colton Czech, University of North Dakota *Jacob Fette, University of Saint Thomas Anna Mathews, Benedictine College *Kieran McCloy, Century College *Andrew Podzimek, University of Nebraska *Charles Shook, Chandler-Gilbert Community College *Chila Suedel, MCTC Argosy University *Nejla Topic, College of St. Scholastica *Taylor Veire, North Dakota State University MBV is so much fun even though a business camp doesn t sound that intriguing. You meet so [many] people by networking and it s a time not to be shy. They really help you prepare for the real world [with] the mock interviews and how to pay for college. You think you know what you re going to be, but MBV really opened my eyes to new career paths and new opportunities. Student from Como Park High School Students from Cristo Rey Jesuit High School attending St. John s University

7 MBV STUDENTS REPRESENTED 100 SCHOOLS 73 Metro Schools 24 Greater Minnesota Schools 3 Out of State Schools Alexandria Area High School, Alexandria Maple Grove High School, Maple Grove Annandale Senior High, Annandale Math & Science Academy, Woodbury Anoka High School, Anoka Mayo High School, Rochester Austin High School, Austin Medford Secondary School, Medford Belle Plaine High School, Belle Plaine Minnehaha Academy-Upper School, Minneapolis Benilde-St. Margaret's School, St. Louis Park Minnetonka High School, Minnetonka Blake School, Minneapolis Monticello High School, Monticello Bloomington Kennedy High School, Bloomington Moorhead High School, Moorhead Canby Secondary, Canby Mounds View High School, Arden Hills Central High School, St. Paul New Prague High School, New Prague Champlin Park High School, Champlin Normandale Community College, Bloomington Chanhassen High School, Chanhassen North Senior High School, Minneapolis Columbia Heights High School, Columbia Heights North St. Paul High School, North St. Paul Como Park Senior High School, St. Paul Northfield Senior High, Northfield Coon Rapids High School, Coon Rapids Osakis Secondary, Osakis Creative Arts School, St. Paul Osseo Senior High School, Osseo Cristo Rey Jesuit High School, Minneapolis Owatonna Senior High School, Owatonna Eagle Ridge Academy Charter School, Eden Prairie Park Center IB World School, Brooklyn Park East Ridge High School, Woodbury Park High School, Cottage Grove Eastview High School, Apple Valley Providence Academy, Plymouth Eden Prairie Senior High, Eden Prairie Reve Academy, Minneapolis Edina Senior High, Edina Robbinsdale Armstrong High School, Plymouth Edison High School, Minneapolis Robbinsdale Cooper Senior High, New Hope Elk River High School, Elk River Rockford High School, Rockford Farmington High School, Farmington Roseville Area High School, Roseville Foley Senior High, Foley Rush City Secondary, Rush City Forest Lake High School, Forest Lake Saint Croix Lutheran High School, West St. Paul Fridley High School, Fridley Shakopee Senior High School, Shakopee Goodhue Secondary, Goodhue Shanghai American School, Cottage Grove Great River School, St. Paul Simley Senior High, Inver Grove Heights Harding Senior High School, St. Paul South High School, Minneapolis Henry Sibley High School, West St. Paul South St. Paul High School, South St. Paul Hiawatha Collegiate High School, Minneapolis Southwest High School, Minneapolis Home School St Paul Conservatory Performing Art, St. Paul Hopkins High School, Minnetonka St. Agnes High School, St. Paul Hutchinson Senior High, Hutchinson St. Anthony Village High School, St. Anthony Irondale High School, New Brighton St. James Secondary, St. James Jefferson High School, Bloomington St. Louis Park High School, St. Louis Park John Marshall High School, Rochester St. Michael-Albertville High School, St. Michael Johnson High School, St. Paul St. Paul Academy & Summit School, St. Paul Kasson-Mantorville High School, Kasson St. Thomas Academy, St. Paul Lakeville North High School, Lakeville Stillwater Area High School, Stillwater Lakeville South High School, Lakeville Tartan High School, Oakdale Loyola Catholic School, Mankato University of Minnesota, St. Paul Luverne High School, Luverne Wabasha-Kellogg Secondary, Wabasha Mahtomedi High School, Mahtomedi Warroad High School, Warroad Washburn High School, Minneapolis Washington Tech Secondary Magnet, St. Paul Wayzata High School, Plymouth White Bear Lake Area High School, White Bear Lake Woodbury High School, Woodbury Yankton High School, Yankton Students shake hands of Business Plan Judges after their presentation. My experience at MBV was very valuable and I learned things that will help me for the rest of my life. First, I learned how important first impressions and networking are. Second, I really enjoyed being able to work with a group to create a product and we were really a business. Third, the speakers here were amazing. Everyone had a different topic and viewpoint that [had value] to us. It s not every day we get to hear from speakers like this and it s amazing they took the time to speak to us. Student from Edina High School

8 St. Cloud State University St. John s University BESTPREP WISHES TO EXPRESS OUR GRATITUDE FOR THE MORE THAN 350 CORPORATE, FOUNDATION, AND INDIVIDUAL DONORS WHO MAKE OUR PROGRAMS POSSIBLE. THANK YOU FOR YOUR SUPPORT! AMANDA LABO, PROGRAM MANAGER TWITTER.COM/BESTPREPMN ALABO@BESTPREP.ORG FACEBOOK.COM/BESTPREP We have attempted to correctly list all individuals and organizations that have been involved this year. Please info@bestprep.org with corrections.