{"id":17619,"date":"2019-08-27T13:54:55","date_gmt":"2019-08-27T06:54:55","guid":{"rendered":"http:\/\/www.caodangvietmy.edu.vn\/?p=17619"},"modified":"2024-07-24T16:23:17","modified_gmt":"2024-07-24T09:23:17","slug":"100-dollar-challenge-san-choi-khoi-su-kinh-doanh-day-hung-khoi-va-kich-tinh-danh-cho-sinh-vien-apc","status":"publish","type":"post","link":"https:\/\/www.caodangvietmy.edu.vn\/en\/100-dollar-challenge-san-choi-khoi-su-kinh-doanh-day-hung-khoi-va-kich-tinh-danh-cho-sinh-vien-apc\/","title":{"rendered":"\u201c100 Dollar Challenge\u201d \u2013 An exciting and dramatic business startup playground for APC students."},"content":{"rendered":"

\u201c"Start-up" or "entrepreneurship" is a business model that is becoming a growing trend in today's economy. It is seen as an opportunity for entrepreneurs, especially young entrepreneurs, to provide products\/services with groundbreaking and innovative ideas to meet the ever-increasing demands of modern life.<\/em><\/strong><\/span><\/p>\n

According to statistics published in 2018 by the Small Business Administration (SBA), the number of newly established businesses reached a record high of approximately 131,275. However, according to surveys of startup results from previous years, many startups fail within the first five years, with only a few surviving and successfully developing. This reflects the reality that starting a business requires many necessary and sufficient conditions. Among them, management skills, planning, and securing funding are the three most important factors determining the success or failure of a business.<\/span><\/p>\n

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The practical round of the \u201c100 Dollar Challenge\u201d competition is continuing at Viet My College.<\/span><\/figcaption><\/figure>\n

With the theme "Starting a Business," the "100 Dollar Challenge" competition at Viet My College is a platform for students to apply their knowledge of entrepreneurship and essential skills to practice. This is an opportunity for them to gain firsthand experience with this attractive business model. The program runs from July 10, 2019 to September 7, 2019.<\/span><\/p>\n

The judging panel of the \u201c100 Dollar Challenge\u201d consists of experienced teachers currently working and teaching at Viet My College. They are also valuable personnel at leading businesses and corporations. According to Ms. Le Thi Phuong Lien, M.Sc. \u2013 Lecturer in the Entrepreneurship subject and judge of the competition,<\/span><\/p>\n

\u2013 Startups are booming right now, but in essence, it's very difficult for students to succeed. It requires a lot of technological or research skills to make it easier. Therefore, the goal of the Entrepreneurship course is to help you become young entrepreneurs. This means you can start a project and run it efficiently and effectively using the Lean Canvas model. This is a model that replaces the old business plan, and is now being adopted by schools specializing in startups or entrepreneurs. I want you to be able to do well based on this model when you enter the workforce. The ongoing "100 Dollar Challenge" will help you raise additional funds to better realize your current project ideas.<\/em><\/span><\/p>\n

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The teams' live sales sessions take place weekly right on the school grounds.<\/span><\/figcaption><\/figure>\n

The \u201c100 Dollar Challenge\u201d competition has three official rounds:<\/span><\/p>\n