Description of the video:
WEBVTT - This file was automatically generated by VIMEO
0
00:00:00.515 --> 00:00:01.925
This unique course is the Silicon
1
00:00:01.945 --> 00:00:03.165
Valley Venture Challenge.
2
00:00:03.825 --> 00:00:06.485
Its nickname is the Ultimate Spine Sweat Experience.
3
00:00:06.985 --> 00:00:09.885
Now, before you get too scared, let me just explain this
4
00:00:09.885 --> 00:00:11.365
to you, why it's such a great challenge.
5
00:00:11.705 --> 00:00:13.765
You're gonna work online like every other course,
6
00:00:13.945 --> 00:00:16.245
to develop a business plan, a venture plan
7
00:00:16.245 --> 00:00:17.605
that you're going to actually then present.
8
00:00:17.605 --> 00:00:20.605
But you're gonna get on a plane, fly to Silicon Valley
9
00:00:20.985 --> 00:00:24.525
and present this plan to a 20 member advisory board.
10
00:00:24.665 --> 00:00:26.445
So you leave the academic environment,
11
00:00:26.625 --> 00:00:29.125
you go into the practical world, you take everything
12
00:00:29.125 --> 00:00:30.845
that you've learned from the book knowledge,
13
00:00:31.065 --> 00:00:32.765
and now you apply it for real
14
00:00:33.035 --> 00:00:34.645
because they're gonna decide you're grade
15
00:00:34.905 --> 00:00:37.285
and afterwards you're gonna learn who they are
16
00:00:37.545 --> 00:00:39.925
and why they're really there to help you.
17
00:00:40.465 --> 00:00:42.005
So while there is the challenge
18
00:00:42.025 --> 00:00:45.405
of presenting when it's over, you get to meet all of them
19
00:00:45.405 --> 00:00:46.565
and discuss things with them.
20
00:00:46.865 --> 00:00:50.325
You build up a network of some very, very powerful people.
21
00:00:51.145 --> 00:00:54.165
We all get to go out to Silicon Valley at the end
22
00:00:54.165 --> 00:00:58.165
of the course, and you really start to kind of dig deep
23
00:00:58.165 --> 00:01:00.845
and understand the fact that this could be life altering,
24
00:01:00.845 --> 00:01:04.285
life changing moment for you as a founder, to be able
25
00:01:04.285 --> 00:01:05.805
to present a plug and play was amazing.
26
00:01:05.945 --> 00:01:08.725
So Plug and Play is a world renowned accelerator
27
00:01:08.785 --> 00:01:11.885
for startups that have helped out companies like a PayPal.
28
00:01:12.265 --> 00:01:13.605
The ability to be there with Dr.
29
00:01:13.805 --> 00:01:15.125
K and the venture capitalists
30
00:01:15.205 --> 00:01:17.485
and the IU alumni was absolutely amazing.
31
00:01:17.755 --> 00:01:19.525
Once you're done pitching to the VCs
32
00:01:19.525 --> 00:01:22.325
and you get your grade, literally about two minutes
33
00:01:22.325 --> 00:01:24.525
after you're done pitching to the VCs, they,
34
00:01:24.525 --> 00:01:26.045
they tell you how they graded you.
35
00:01:26.345 --> 00:01:28.965
You pass or failed, is you have a happy hour
36
00:01:28.965 --> 00:01:30.725
with all the venture capitalists that that came there.
37
00:01:30.825 --> 00:01:32.805
And then after that, you have a big celebration
38
00:01:33.195 --> 00:01:34.845
with your classmates with some
39
00:01:34.845 --> 00:01:36.885
of the VCs at dinner that night too.
40
00:01:37.385 --> 00:01:40.365
And to me, that is a complete difference, uh,
41
00:01:40.365 --> 00:01:41.925
between any other class I've ever taken.
42
00:01:42.505 --> 00:01:44.565
Not only you're going to create a life-changing moment
43
00:01:44.625 --> 00:01:47.125
for yourself or for your company, for your career,
44
00:01:47.465 --> 00:01:48.925
but you're also able then to have
45
00:01:48.995 --> 00:01:51.085
that congratulation moment at the end of it too,
46
00:01:51.135 --> 00:01:53.965
where you have a kind of, all the pressure relaxes
47
00:01:53.965 --> 00:01:56.325
for a moment, you're able to have those conversations
48
00:01:56.505 --> 00:01:58.405
and create those deeper relationships.
49
00:01:58.945 --> 00:02:02.205
The Silicon Valley Venture Challenge is what you make it.
50
00:02:02.425 --> 00:02:05.165
Dr. K fosters your business ideas
51
00:02:05.425 --> 00:02:08.405
and opens up his own network to allow you
52
00:02:08.425 --> 00:02:10.325
to create a real business.
53
00:02:10.375 --> 00:02:13.485
After I got the feedback from the VCs, I'm now meeting
54
00:02:13.485 --> 00:02:15.725
with about three of them here over the next few months,
55
00:02:16.565 --> 00:02:18.445
continue pursuing what this idea can look like.
56
00:02:18.965 --> 00:02:22.165
I recently graduated with Silicon Valley Challenge was one
57
00:02:22.165 --> 00:02:23.165
of the last courses
58
00:02:23.515 --> 00:02:25.725
that I did at the Kelley School of Business.
59
00:02:26.345 --> 00:02:29.205
It brought together all the concepts
60
00:02:29.285 --> 00:02:31.525
that I learned throughout my MBA.
61
00:02:31.755 --> 00:02:33.325
I've been implementing it in bits
62
00:02:33.325 --> 00:02:35.285
and pieces in my day to Bday work,
63
00:02:35.465 --> 00:02:39.445
but this course gave me the opportunity to present my idea,
64
00:02:40.065 --> 00:02:43.005
my dream to the venture capitalist and get their validation.
65
00:02:43.635 --> 00:02:45.405
This is real. This is the real
66
00:02:45.515 --> 00:02:47.125
application of all the courses.
67
00:02:47.425 --> 00:02:50.285
So this was a proof that what you learned during the MBA,
68
00:02:50.285 --> 00:02:52.445
it's not just some concepts lying here and there,
69
00:02:52.465 --> 00:02:53.645
and it has true value.
70
00:02:54.105 --> 00:02:56.445
You know, overall, the Kelly Direct experience really
71
00:02:56.445 --> 00:02:58.485
delivers because you're taking the very knowledge
72
00:02:58.485 --> 00:03:00.925
that you're learning and applying it into your own work
73
00:03:00.925 --> 00:03:02.965
settings, into your own leadership abilities,
74
00:03:03.435 --> 00:03:04.445
into your own team.
75
00:03:04.665 --> 00:03:06.765
Really, you're seeing a direct application
76
00:03:07.025 --> 00:03:10.485
of your knowledge from the Kelly Online MBA in the KD
77
00:03:10.485 --> 00:03:12.405
program, right to your careers now
78
00:03:12.545 --> 00:03:13.565
and in future things
79
00:03:13.565 --> 00:03:15.085
that you're gonna develop in your career.
