Student entrepreneurs now have their change to win a little money to put into their business. The Collegiate Entrepreneurs' Organization of BYU is now accepting applications for the 2006 Student Entrepreneur of the Year. So far, they are planning to give out a total of $31,000 to the winners with $12,500 going to first place. Contestant get prizes all the way down to 12th place, so the chances of winning something are quite good. Last years winner was Jayson Edwards of J-Dawg's (a small hot dog shack on the edge of the BYU campus.)Here is the official BYU Student Entrepreneur of the Year website.
When Nokia Corp. released its camera smartphone last fall, the marketing campaign cut back on news releases and flashy ads. Instead, the company sent sample products to 50 tech-savvy amateur bloggers with a passion for mobile phones.
Many internet entrepreneurs I know (myself included) are pretty content sitting at the computer most of the time doing research and figuring how to generate traffic, improve web site design and conversion rate, and study web analytics to determine what to do next. We use the web for hours a day to do research on what everyone else is doing. Then, relying primarily on email and instant messaging, we can efficiently communicate hundreds of times per day with employees, customers, partners, etc.
I just read a press release from Omniture stating there were more than 3,000 site implementations last year. Omniture is one of the most exciting companies in Utah. And they are in one of the fastest growing industries. Yesterday I saw a prediction that web analytics will reach $11 billion in revenue by 2008.
The first thing I do when learning about a new company is check its Alexa ranking. The second thing I do is visit the web site and click on Press Room. I want to see what the company has been doing lately. Then I often look at the In the News section to see what media coverage they might be getting and I like to read about the management team and investors.