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Winning Business Plan Competitions is Not a Business Model

In today’s guest post on Tech Cocktail I talk about my observation that many startups are spending too much time on business plan competitions and not enough time on building their business. Just last night I spoke to one company that has crushed it in the business plan competition world, having won hundreds of thousands of dollars of prize money. While that clearly gave them a huge lift, they admitted that the discipline of winning the competitions was very different than building their business.

Agree? Disagree?


Neil Kane

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I'm Neil Kane - a serial entrepreneur who specializes in commercializing complex technologies that come out of academic research labs or federal laboratories.

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