Starting a new business can be challenging and unfamiliar territory for most, but thanks to the MountainWest Capital Network, local entrepreneurs will gather on Wednesday, June 3 to learn skills that will help them navigate many of the common pitfalls.
The second annual Business Boot Camp will give participating businesses and entrepreneurs the unique opportunity to network with and receive training from MWCN sponsors with professional expertise in various fields.
The day-long seminar will be held at the Little America Hotel in Salt Lake City and will offer three tracks focused on the needs of emerging companies of different sizes. The event gives entrepreneurs and executives alike the chance to receive focused, and self-selected instruction and information in key areas of business development from established professionals.
The full-day event is designed to give attendees focused, real-world overviews and valuable tips in business building topics. Those who come will be able to meet and network with other entrepreneurs and participate in a lunch with their peers and business professionals.
The three tracks are loosely organized according to business stage of development: startup companies ($0 to $1.0 million), emerging companies ($1.0 to $5.0 million) and maturing companies ($5.0 million+).
“Mountain West Capital Networks is an organization committed to supporting entrepreneurial growth in the State of Utah, the Business Boot Camp was designed with that goal in mind,” said Warde Allen, attorney at Salt Lake law firm Durham Jones & Pinegar and chairman of the MWCN Business Boot Camp event. “The Boot Camp creates a forum for experts in a variety of fields to come together and share some of that expertise with entrepreneurs.”
The keynote will be delivered by Ken Krogue, president and chief strategy officer at InsideSales.com. Ken is a strategic thinker, sales and marketing tactician and is recognized for combining permission marketing strategies with remote selling tactics. Ken is the inventor of technological systems to increase productivity in web-based sales and marketing environment with several patents pending and is currently breaking new ground with work on lead response management research.
Sessions included in the three tracks of instruction include: How to Pitch: What Investors Are Looking For and How To Give It To Them, Fundamentals of Financial Management, How to Protect Yourself from a Cyber Breach and What to Do When It Happens, Private Equity Basics, Traps and Pitfalls for Early Stage Organizations and How to Avoid Them, New Product Development and Business Acceleration and Nuts and Bolts of Business Contract Law for the Entrepreneur.
The day will conclude with a panel discussion featuring local investors Ben Capell of Peterson Partners, Curt Roberts from KickStart Seed Fund, Alan Hall from Plus 550, Rob Kunz from Book Startup and Kent Madsen from Epic Ventures.
“The topics and presenters have been deliberately selected to address issues that are current and relevant to the attendees” said Allen. “It’s our hope that each of the entrepreneurs in attendance will walk away having learned something valuable that can be applied in their business to foster future success.