Shark Tank! Business Students Learn from the Experts

 

business administration degree

Business students with the panelists

Some of the Twin Cities’ best executives served on a panel for the final presentations given by business administration degree students at Globe University-Minneapolis. The setup was very similar to one of the hottest TV shows, “Shark Tank”!

During the Introduction to Business class, the students worked all quarter on mock company business plans, which they developed from inception to execution. The instructor, Jerry Hughes, wanted to connect students with some of the best business talent in town and receive feedback from these experts.

As the day of the final presentations approached, heartbeats rose because of the anxiety of presenting a business plan to some CEOs – who wouldn’t be nervous?  The panelists included six senior level executives:

  1. Sarah Anderson – TV Host on ShopNBC Television
  2. Tom Harding – CEO of Infinity Direct
  3. Bruce Evans – Owner of BEDD Head Media
  4. Dan DeJaeger – Owner of BEDD Head Media
  5. Lee Rainey – Owner of C-Level Consulting
  6. Shannon Groemeyer – CEO of Customer Service Strategies

The three mock companies were:

  1. Sky Talk – A communication software company developed by students Matt Blackford, Jesse Peterson, Andre Burns, Naomi Saari and Lanie Millam.
  2. Simply Sweet – A gluten free bakery developed by students Adrienna Schindler, Erick Sanchez, Tom Callahan and Louise Wesson.
  3. B & B Logistics – A food logistics company developed by student Martese Childress.

As the panelists (aka Sharks) listened to these well-developed plans, each panelist was rating the plan and delivery.  Each team was required to present for 15 minutes and then the panelists would give feedback for the next 15 minutes.

Business Administration Degree

The panel listens to a business plan presentation

There were many highlights to these presentations, but the mock company that made a smashing impact was Simply Sweet as they handed out their gluten-free red velvet cupcakes to the entire panel for a taste test – who wouldn’t like that!

Panelist Sarah Anderson from ShopNBC said, “I thought these were going to be some entry level presentations, but I was blown away by the talent and level of excellence these students presented. Their business plans and ideas were brilliant!”

Lanie Millam and Martese Childress, both students majoring in business administration said, “We now have the courage and we are equipped to actually start our own business. This class taught us more than we could [have] imagined – and the connections we made outside the classroom are amazing!”

Now, this might not have been the real TV Show “Shark Tank,” but the students did learn and delivered some strategic and brilliant business plans!

To learn more about the business administration degree program at Globe University in Minneapolis, call 1.877.303.6060.