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TM
Location
Kansas City Metro
Missouri
United States
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The Story.
Innovator(s)
Entrepreneurs lacking the resources to start a business is the main problem we’re trying to solve . As a high school student there’s a high chance you have little to no experience in loans and how they work. You might have the talent and support but no resources and it’s especially difficult when you know experienced owners look down upon you and expect you to fail. Data from the BLS shows that approximately 20% of new businesses fail during the first two years of being open, 45% during the first five years, and 65% during the first 10 years. Only 25% of new businesses make it to 15 years or more. With these issues in mind, we created Groundwork. The solution, a magazine designed to help young entrepreneurs on their journey to success. It features interviews from successful businesses, pitching ideas, and much more. The magazine can only be viewed through the website so it’s easily accessible and readily available to onlookers through a QR code. Our only current issue is publicity.
Problem
Entrepreneurs lacking the resources to start a business.
Solution
Groundwork, a magazine designed to help young entrepreneurs succeed.
Target Market
Young entrepreneurs.
Societal Impact
Support and enhance the success of new businesses.
Next Steps
Publicize the magazine and increase its reach.
Reflection
Use of Backer Contributions
We are not currently accepting financial contributions from our voters. This pitch is part of the ProX competition.
Community Feedback
Here's what community partners, backers, and judges for this pitch have shared so far...
Nice work! Consider selling to my elementary school. :)
5/3/2023
Nice work so far!
3/3/2023
3/3/2023
Nice pitch!
10/5/2022
Thank you to our voters and backers!
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Judge's Rubric
1- Did not do
2- Little evidence
3- Some requirements met
4- Most requirements met
5- All requirements met
1- Did not do
2- Little evidence
3- Some requirements met
4- Most requirements met
5- All requirements met
1- Did not do
2- Little evidence
3- Some requirements met
4- Most requirements met
5- All requirements met
1- Did not do
2- Little evidence
3- Some requirements met
4- Most requirements met
5- All requirements met
1- Did not do
2- Little evidence
3- Some requirements met
4- Most requirements met
5- All requirements met
Total
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Thank you for encouraging young innovators!
Community Feedback
Thank you so much for volunteering to provide feedback in this very unique pitch competition!
Your comments will be public after being approved by the educator.
Thank you for encouraging young innovators!
