Financial speakers provide insight to students
Chris Welter, an entrepreneurship professor at Georgia Southern University, hosted three speakers to allow his students to learn about finances and the financial perspective in business. Larry Zaslavsky, an attorney, Steven Sanders of Sea Island Bank and a graduate of Georgia Southern, and Kevin Werntz, president and founder of Whirled Peas, a board game, answered students’ questions about the given topic.
Zaslavsky and Sanders both agree that the biggest common mistake among new businesses is a lack of capital. “You have no resources at all and have to find someone who wants to invest in your company,” Zaslavsky said. Werntz, speaking from an entrepreneur perspective, told students that the first thing they must do is ask would they loan money to themselves for their company.
Knowing your product and doing your homework when you have an innovative idea is a key aspect to networking. “Look around to what is currently going on and know who to talk to,” Werntz said.
Tips to remember:
- Come up with your tweetable pitch. Be able to pitch your story in 140 characters.
- A business plan is essential.
- If you lack experience in the industry of your choice, find a consultant.
Posted in Guest Speakers, Teaching and Learning