Business Week Nominations for America’s Best Entrepreneurs Concludes September 10
Business Week is running its third annual Best Entrepreneurs 25 and Under contest this Fall, with nominations due by September 10. The five winners will be announced online in November, and the selection process involves identifying savvy and talented entrepreneurs who have launched or are operating their own companies. Passionate business leaders under the age of 25 are encouraged to have a mentor or colleague send in a nomination form, explaining why the nominee deserves the award, and what they have achieved thus far.
Business Week sponsors this contest each year to highlight America’s brightest, innovative, and talented leaders. A look at last year’s winners reveals the following key traits. Each entrepreneur is identified for:
- Strengths in leveraging technology and tools to build their business
- Making the most of their budget—shoestring, venture capital funds, or personal savings
- How they created value in their industry
- Any indications of innovation and leadership
- How they managed their marketing plans and objectives
- Long-term potential for sustainability and profits within their industry
BusinessWeek.com reports that a 2006 poll of 1,474 middle and high school students found that over 71% are interested in self-employment at some point in their lives. With extensive opportunities for launching businesses online, the dream of being self-employed is becoming a reality for many. Web-based businesses are becoming a stepping stone for those interested in launching a concept with minimal upfront investments; reduced overhead costs and building networks online make it easier than ever to bring an idea to fruition.
More and more colleges are offering entrepreneurship programs, and even MBA programs address the need for independent business building strategies and understanding the workings of a startup. Whether online or offline, businesses built enthusiastic entrepreneurs is becoming a trend in itself.
Is your entrepreneurial venture nomination-worthy? Send out the nomination link to friends, family, or mentors and encourage them to nominate you as the newest leader among Business Week’s best!
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