Aspiring entrepreneurs at Chulalongkorn University are poised to gain invaluable insights and hands-on experience through “Beat the Biz 2024 by Whizdom Craftz Samyan,” a dynamic collaboration between Whizdom Craftz Samyan by MQDC and CEO Chula (Chulalongkorn Entrepreneur Organisation). This exhilarating contest extends a golden opportunity for participants to learn directly from the masterminds behind over 40 successful businesses, honing their entrepreneurial skills and resonating with the brand’s vision of nurturing a community of knowledgeable and empathetic individuals.
Dr. Vithaya Sintharapantorn, Senior Vice President of Project Marketing for MQDC, the mastermind behind “Whizdom Craftz Samyan,” expressed his enthusiasm about partnering with CEO Chula on this venture. He highlighted that “Beat the Biz 2024 by Whizdom Craftz Samyan” is meticulously curated for Chulalongkorn University students with entrepreneurial dreams.
“Contestants stand to gain a plethora of skills and knowledge essential for launching their own enterprises directly from seasoned business owners,” said Dr. Vithaya. “This competition is the perfect embodiment of our brand’s ethos and MQDC’s mission to disseminate knowledge, fostering a community of smart, good-hearted people.”
Adding to the excitement, he noted, “As Whizdom Craftz Samyan integrates into the Samyan-Rama IV-Bantad Thong-Yaowaraj community, we are elated to champion ‘Beat the Biz 2024’. This project offers students a remarkable platform to voice their innovative ideas and showcase their prowess in developing business models before stepping into the real business arena.”
Dr. Vithaya elaborated that the contest would equip students with strategic plans, enhancing their potential to succeed in careers or as entrepreneurs. “We are confident that participants will significantly bolster their ability to contribute to the nation’s development,” he added.
Mr. Run Tangkijngamwong, CEO of Chula, shared his insights on the annual event. As the fifth installment for Chulalongkorn students eager to launch businesses, “Beat the Biz 2024 by Whizdom Craftz Samyan” is an excellent launchpad for students aiming to start small or medium-sized enterprises (SMEs), the backbone of the Thai economy.
Mr. Run emphasized that CEO Chula is dedicated to assisting students from diverse faculties and academic years who are passionate about business and eager to engage in interactive, hands-on learning experiences. “Teams participating in the contest can expect a plethora of unique and thrilling experiences blending knowledge with fun,” he said.
The competition promises to immerse contestants in the intricacies of business-building right from the ground up. They will benefit from expert consulting sessions and an opportunity to present their projects in the “Final Pitch” after nearly two months. The “Final Pitch” will be a grand event, attended by a distinguished judging panel and numerous guests.
From October 6 to November 16, 2024, participants will have the privilege of learning from over 40 renowned business owners acting as mentors. These mentors will provide invaluable advice and cool business tips. Post-contest, teams can showcase their products at the CEO Festival, one of the university’s most celebrated events, attracting over 8,000 attendees last year.
Expressing his gratitude, Mr. Run stated, “I, along with CEO Chula’s 45-member team, extend our heartfelt thanks to all the participating organizations. We are thrilled about this year’s event and are optimistic that it will invigorate and inspire budding entrepreneurs beyond the Chula student body. Each year, we anticipate even greater accomplishments. We hope everyone leaves inspired, with the knowledge and guidance to drive sustainable success.”
Mr. Chanawee Homtoey, CEO of Shinkanzen Sushi, and Mr. Varit Bulakul, CEO & Co-Founder of Acai Story, both on the advisory committee, also had high praises for “Beat the Biz 2024”. Reflecting on their four-year journey supporting Chula students, they highlighted the event’s tangible outcomes. They expressed hope that contestants would cultivate robust SME ideas and receive effective mentorship to develop strong national brands. These compelling entrepreneurial journeys can serve as a beacon of inspiration for the next generation of business enthusiasts.
This contest sounds fantastic for students! Hands-on learning from successful business owners is priceless.
Sure, but how realistic is it for students to start a business right out of university? They need more real-world experience first.
I disagree, Mike. The earlier they start, the better! Real-world experience can come from these hands-on opportunities too.
Both points are valid. Projects like these can provide a great foundation, but additional industry experience is also crucial.
The exposure to 40 business owners as mentors is what’s truly amazing here.
Why all the focus on making money? Education should be about learning, not profit.
Education should include financial literacy. Knowing how to succeed in business is a crucial skill in today’s world.
Jonathan, entrepreneurship is more than just making money. It’s about innovation and problem-solving.
Fair points, Kelly and Chris, but I still believe there should be a balance with other kinds of education.
I love the idea of the ‘Final Pitch’ event. It must be so exciting for the students!
Totally, Amara. It’s like a real Shark Tank! Such a great way to prepare students for the real world.
I agree! Presenting in front of a panel can be daunting but such a valuable experience.
What if the students’ ideas get stolen by these ‘successful business owners’? It’s a risk.
That’s a bit paranoid! Most programs like this have confidentiality agreements.
Who would risk their reputation by stealing student ideas? That’s career suicide.
This looks like a golden opportunity for young entrepreneurs. Imagine getting feedback from established businessmen!
Absolutely, the real-world feedback is invaluable. I wish my university had something like this.
Another case of universities acting like business incubators. They should stick to education!
Why not do both? Universities can be centers of innovation too, Tom. Embrace the change!
I’m just saying, universities have their role. Too much focus on business can sidetrack other academic pursuits.
I think this contest can really inspire students who might not have considered entrepreneurship otherwise.
It’s not all rosy. Some students might get overwhelmed. There should be support systems in place.
I’m thrilled to see the university supporting SMEs. The Thai economy will benefit from these innovative projects.
I participated last year and it was life-changing. The mentors gave us insights we never got from textbooks.
Thanks for sharing, Heather! I’m considering joining this year.
I hope there’s a strong ethical component to the mentoring. Businesses should also focus on doing good, not just making money.
Absolutely, Joe. Social entrepreneurship should be a significant part of these programs.
What happens to the students’ projects after the contest? Do they get further support?
I think they mentioned presenting at the CEO Festival, which can attract more support and attention.
Chulalongkorn is really stepping up its game with this contest. Proud to be an alumnus!
It’s great, but let’s not forget the less glamorous side of startups—failure. Are they preparing students for that?
With all the support and mentoring, I think students are in better positions to handle setbacks.
The real challenge will be balancing this with their academic responsibilities. It’s a lot to juggle.