Written by Nicholas Hall
“Even though the Maverick Challenge is a lot of work, if you go through with it, you still have a chance to win something by the end of it.” – Parker Barrett
Entrepreneurs and business-minded people alike, prepare yourself. The Maverick’s Challenge is now in full swing, and students have the chance to win big bucks to start their own business, or do whatever you wish for it.
The Maverick Challenge is a competition that was started in 2008 for schools in the Southern Indiana region, while this is only the second year that SHS has had the Maverick Challenge. The goal of competition is to come up with a business idea, and make a full-fledged plan to put your idea into action. You are allowed to work individually, or up to groups of three.
“I enjoy it because I get to see what kinds of businesses the students create.” Sponsor Elizabeth Lowe commented. “I get to see a creative side of them that I may not see in class”
While you create your plan, there is a limit. You are given a set amount of money that can be used to create it. However your max is $30,000, or 10 percent of your amount if it exceeds the max.
Even though creating a working business plan sounds rather daunting and complicated, the Maverick Challenge sponsor help simplify the issue. On their official website they have many resources that students can use to figure out how to create their plan, and documents to simplify everything.
“Even though the Maverick Challenge is a lot of work, if you go through with it, you still have a chance to win something by the end of it.” Parker Barrett, a junior who is participating in the Challenge for his second year, said.
After students create their business, they present their plan to a panel of judges with the potential of moving on in the competition against other schools in Southern Indiana.