The Value Of Failure At A Program Called Sangamon Ceo

All my life I have been taught that failure is to be avoided at all costs. To learn the value of failure, I had to join a program called Sangamon CEO. CEO is a hands on, innovative business class that takes up the first hour of every school day from 7:30 to 9:00 in the morning. CEO gives high school seniors a look at the business world by meeting with local CEOs in the Sangamon county area and working to start their own businesses by going through all of the same processes that someone would have to go through to start a business in the real world.. Students come up with an idea, judge the feasibility of the idea, pitch the idea to others, write a business plan and work to start the business. All my life I was taught that failure is an†¦show more content†¦The project started with a discussion post where we listed ten problems and solutions. Then we came up with an idea and wrote a one-page pitch on the business of our choice. This was our first chance to fail without conseq uence. Nabih encouraged us to submit our pitches as many times as possible to him. He would then give us a grade along with feedback on how to improve. We kept making changes until the final submission was due. I failed on the first submission. I failed on the second submission. I failed on the third. I make a fair statement of saying that the rest of the class had the same outcomes for their pitches. With each submission I was missing the target. I did not have the right target market. I did not have the right pricing model or selling model. I did not explain the reason for my business well. Each piece of my pitch needed tweaks and revision to make it complete. I continued to craft and recraft my idea, making serious revisions so that my vision was well stated and clear. On the last day, with only a couple hours left before the final submission was due, I finally crafted what I wanted to say and it made sense. Nabih emailed me at 4:45 p.m. on October 14th to tell me what he thought of it, the final submission was due at 11:59 p.m.. He said â€Å"Good work, it is complete. Submit for your final time.† After weeks of stress, weeks of revision, and weeks