Dressed and poised like business professionals, eight chief executive officers from the River Parishes took to the stage April 21 in the John L. Ory Magnet School auditorium in LaPlace. In only six minutes, each CEO articulately presented his or her business plan for a panel of investors. With the hope of getting start up money from the potential investors, the CEOs pitched their business idea with a comprehensive Power Point presentation. They enthusiastically talked in detail about their product or service including short-term and long-term goals, marketing plan, target audience, competition, cost of supplies and materials, monthly sales projection, a projected monthly income statement as well as a yearly income statement, and financial strategies.
These business professionals, however, weren’t seasoned entrepreneurs who manage large companies and corporations. They were children, ninth through 12th grade students from St. Charles and St. John schools, who were given the challenging task of starting their own business in only six months. The students are members of the third class of the Young Entrepreneurs Academy of the River Region as well as in Louisiana.
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