The business idea competition at YLES’10 and all that followed.

I left early in the day (7:30 am) in pursuit of a rickshaw to get me to LUMS so I wouldn’t miss the business idea competition which was “scheduled” to start at 8:30 am. But due to the state of mind that is prevalent these days, it didn’t start till my watch sounded the 11:00 am hourly chime.

In my head was the though that it’d be the best that YLES has to offer, but an hour into the presentations, I couldn’t stop yawning. Oh and since there were A LOT of teams, there were two places where there were presentations so like I mentioned previously in my earlier posts, I trusted my instinct and went into one of the two venues. Oh and yes, they were boring, didn’t catch my attention, except for 2 or 3. But then again that is my view. The judges for the competition were:-

a) Ambreen Waheed who is an executive director at Responsible Business initiative.

b) Sadaf Adnan who is the regional head for the National Fullerton Asset Management Limited (NAFA)

c) Iram Fatima Jafry who is the manager advisory for KPMG Tasweer Hadi and Co Lahore.

The presentations revolved around one team wanting to open a fitness center, another wanting to open a Cafe’, another wanting to open an institute to groom ACCA students. (Being an ACCA student, I particularly found his presentation very offending =p). One team wanted to open a security company and one individual wanted to open a Fashion swapping business, which in my discussion with the judges after wards floated as their favorite presentation. Half of the total number of teams who presented their ideas were chosen for the second round.

Though I’d like to mention here that the judges were very careful as to what they say to me, or maybe it was the fact that they just didn’t like me *laugh*.

  • ROUND TWO:-
  • Round two had the first round chosen teams presenting in detail to a panel of judges the financial plan of their business followed by a question and answer session. I’ll be honest here, I was half asleep by then and the judges (except for one) were asking STUPID questions in my opinion. Regardless of the presentation or idea at hand, the judges shouldn’t shove their “experience” or “thoughts” in the faces of the teams who have worked really hard. One judge even had the nerve to go up to one team (after the computer was troubleshooting) and say ” beta koi chota idea socho, woh na socho j o tumharay baray bhee na kar sakay hon”.In my view, that is as demotivating as a Maulvi trying to tell you to be a nice person.

    Anyways, the results will be announced today so I will update that later on. The social event for the night was a concert. The band playing at the concert was none other than “a thousand girls dilo ke dharkan”…. NOOOORI.

    I sat through 3-4 songs. The concert though was marred by sound issues, and pretty much an average performance by the band.

    That’s about it I guess.

    3 Comments so far

    1. bmq (unregistered) on January 23rd, 2010 @ 6:25 am

      Looooooolx
      You shouldnt be so honest about your bad habit (i.e falling sleep when the others talking with you). I am sure that many people will leave you after receiving your “honest” comments.
      Anyway, love your approach.


    2. john wells (unregistered) on February 13th, 2010 @ 12:24 am

      “Being an ACCA student, I particularly found his presentation very offending =p”
      Firslty, WHAT!!???
      are you doing ACCA only or combining it with graduation?? It wasnt a institute we were proposing to open but a “career developement organization” something NO one doing to aid ACCA students in decision making and personal development.

      p.s. was searching for BIC competitions and ran across your blog.


    3. hashriani on February 13th, 2010 @ 1:41 am

      Firstly, if you read the entire line in context, it goes something like :-

      “The presentations revolved around one team wanting to open a fitness center, another wanting to open a Cafe’, another wanting to open an institute to groom ACCA students. (Being an ACCA student, I particularly found his presentation very offending =p)

      Secondly, I wasn’t confusing anything with anyone. I was commenting on what I thought about what I saw. Notice the ” I was, I thought, I saw” ? :)

      Thirdly since this is all about what “I” saw and “I” thought. I myself am an ACCA student and am surrounded by a lot of people who go to a lot of different places. I myself have participated and won a couple of competitions myself. I wasn’t commenting on YOUR idea, or YOUR vision, I was commenting on HOW I FOUND IT OFFENDING. Notice the I again?! =)



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