Blog

Uncategorized

Nonprofit Business Plan Competition

“Open to nonprofit organizations planning to start new ventures that will benefit society.”

I am currently involved in the Hogan Entrepreneurship program through Chaminade University.  The program offers one and two year certificates in entrepreneurship for juniors, seniors, and MBA students across the island.  Every two years, the program partners with American Savings Bank to run a nonprofit business plan competition in the community.  Any new venture (within the last twelve months) located in Hawaii is eligible to apply.  To apply, the nonprofit must submit a full business plan.  The business plans will then be evaluated – eight finalists are then selected to pitch a panel of judges in the final round.  Typically, the competition receives between 30-50 applicants.

AWARDS

1st Place  $12,000

2nd Place  $8,000

3rd Place   $4,000

4th Place   $2,000

Finalists      $1,000 each

BoxJelly

While working at BoxJelly last year I was able to meet a lot of really smart and interesting people in the community.  One of these people was David Aquino.  We had the opportunity to chat a bunch of times about working on a bike sharing program for Honolulu – a business plan that I was working on at the time.  The Honolulu Transportation Department is planning to implement a bike sharing program alongside the implementation of the new rail system – unrelated to our discussions. 

WEfficiency

David pitched a nonprofit, WEfficiency, at last year’s Startup Weekend (an annual competition giving entrepreneurs 54 hours to pitch an idea, recruit a team, and produce a minimum viable product).  He continued to work on the nonprofit over the course of the past couple months under Blue Planet Foundation.  Blue Planet Foundation is led by Henk Rogers – owner of The Tetris Company (yes, that tetris). 

Hogan 2014 Rich Wacker Sam Galloway Ed Hogan

David reached out to me a little while back to put together a business plan for their nonprofit.  I was happy to assist in any way possible.  The business plan was selected as a finalist, ensuring $1,000 to the organization, and the opportunity for $12,000.  The business pitch is tomorrow afternoon at the Pacific Club.  Wish us luck!

Uncategorized

Moving to Portland

Signed, sealed, and delivered!

I accepted an offer from Fisher Investments to work as a Client Services Associate in their Camas, Washington location – right across the river from Portland, Oregon.  I am really excited to get started in late June.  I first came across Fisher Investments on LinkedIn while evaluating finance positions.  Checked out their website and found out Ken Fisher is a redwood forester.  Growing up on our family tree farm tells me that anyone committed to forestry has a good head on their shoulders.  I dove into the research a bit more and found out they currently have 1,000+ employees and over 50 billion U.S. dollars under management – still a private company.  In an article, Ken Fisher was asked about going public, to which he replied, “shortly after hell freezes over.”  This tells me the company still is agile and is focused on their clients, employees, and growth with the ability to make changes – fostering an intra-preneurial spirit.

In mid-April, I had the opportunity to come on site and check out the surrounding area.  Wow!  From the moment we dropped from cruising altitude below the cloud line til the moment I boarded the plane to fly back to Honolulu, it was an incredible trip.  Flying in you see snow peaked Mt. Hood in the distant and a city filled with green landscape.  Not the typical highrise metropolis you would find elsewhere – not by any stretch of the imagination.


Portland is filled with local shops, food carts, and breweries.  Can’t go wrong there.  An hour and a half drive to the west is the coast, two hours to Seattle, forty-five minutes to the Columbia gorge for world class wind surfing, and an hour and a half to skiing on Mt. Hood.  Not to mention the multiple disc golf courses in the area!