Business Venture 2018 Program Recap

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A one-week investment that pays dividends for life

ANNUAL PROGRAM IMPACT

PROGRAM RESULTS

• 99% of students say they would recommend Minnesota Business Venture to a friend

"This week has been one • 97% of students feel more motivated to of the most fulfilling take steps to achieve success in the future and exciting weeks in my entire life. I felt as if • 96% of students plan to continue their time just flew by.” education after high school (i.e. trade

-Student from Mounds school, 2 or 4 year college) View High School

Speakers and Topics by Day

Sunday Wednesday Making it Count Paying for College Adam Cohen, UnitedHealth Group Stuart Perry & Robert Piechota, College of St. Benedict/ St. John’s University The Unreasonable Man: Why Everyone Should Dream Valerie Knopp, St Cloud State University a Little More Daran Han, Kanary Education Renting an Apartment Sara Croymans, University of Minnesota

Credit Matters Monday Cody Tresselt-Warren, Wells Fargo Starting from Nothing: A College Dorm Room Andrea Thermos, Boulay PLLP Success Story Joe Keeley, College Nannies, Sitters & Tutors Car Matters Heather Kinney, Allstate Insurance Presentation Skills Eric Forstrom & Chuck MacArthur, U.S. Bank Banking Services John Abston, Wells Fargo Conflict Styles Mary Soroko, Herberger Business School Ethics: Fraud & Consequences John M. Rubischko, Financial Education Services Interviewing Skills Dave Ervin, MN Adult & Teen Challenge Evelena Hillman, Optum Philanthropy: Pay it Forward Emotional Intelligence Nicole Hansen, Thomson Sara Olson, Allianz Life Julie Rethemeier, Federated Insurance Companies Jessica Aleshire, Boston Scientific LinkedIn: What You Need to Know to Succeed Jackie Berry, Renèe Vivea, U.S. Bank Elisa Rasmussen,

Teamwork Heather Rosales, RBC Thursday Networking and Relationships Jeff Munneke, Minnesota Timberwolves & Lynx Tuesday Financial Values The Level Up Nate Dungan, Share Save Spend Jess Ross, The Foundation Jared Sebesta, Taatjes Financial Group Become the Exception Your Personal Brand John Thomas, Minnesota Timberwolves & Lynx Michael Keller, Pearson Candy Company

Marketing 101 Tony Neuman, Janae Olinger, University of Minnesota

Finance 101 Matt Molinaro,

Operations 101 *Allison Rubin,

Great Leadership Rob Goggins, Great Clips

*Denotes MBV Alumni throughout the document. Students take notes during a soft skills breakout session

2018 DEMOGRAPHICS Gender: Female: 52% Male: 48%

Free/Red. Lunch: 41%

Class Breakdown: Ethnicity: Freshmen: 28% African American: 12% Sophomores: 35% Asian: 26% Juniors: 28% White: 38% CEOs welcome students during registration at St. Cloud State University Seniors: 7% Hispanic/Latino: 10% Multiracial: 11% RESIDENT BUSINESS LEADERS (RBL)

MBV ACTIVITIES RBLs are business professional volunteers who make the commitment to facilitate, mentor, and guide students for an In addition to the informative speakers, we offer a variety of entire week at MBV. They are key to MBV’s success! experiential activities that provide hands-on learning for Rick Anderson, Allianz Life students. Angela Birchfield, Ecolab, Inc. Jennifer Blasy, Ecolab Team Building: Junk Night—”Out of the box” product development and fun Daniel Bock, Securian Financial icebreaker Andrew Bohn, Travelers

Tricia Burbach, Securian Financial Camp Jam—an interactive teambuilding game Esmeralda Cortes Ruiz, Travelers Business Plan Project & Presentation—A company Nathan Gee, Travelers spends 8-10 hours throughout the week developing a new product or service and creating the marketing, finance, and Matthew Gohman, Travelers operations plan which they present to a panel of “investors” Toni Hall, Ameriprise during a 15-minute presentation. The ideas end with a loan proposition. Jacob Harris, Securian Financial Elliot Helmandollar, Travelers Financial Literacy: Ralia Hussein, Ecolab Paying for my Lifestyle—Volunteer financial advisors work Tami Jameson, Ameriprise Financial with a team of students to explain budgeting, the power of Yamini Karandikar, Ecolab compound interest, and investing early. Michelle Koob, Securian Financial Career Building: Joshua Lehman, Allianz Life Mock Interviews— Business professional volunteers Neil Manthe, Securian Financial conduct a 10-minute interview with each student. Volunteers *Tim Mercil, Medtronic provide valuable feedback to students, which improves their Trysh Olson, Wings Financial Credit Union interviewing skills. Magdalena Osorio, Ecolab For Fun: Mitchell Panek, Allianz Life Brian Pitt, Travelers Speed networking Minute to Win It games *Caleb Potratz, Wellmark Blue Cross and Blue Shield Recreation time Janel Reisch, Securian Financial Movie nights Dance Tanya Schmitt, Ecolab Ivette Valle Guzman, Travelers

Mock Interview Volunteers

Volunteers conduct simulated job interviews and give immediate verbal & written feedback to sharpen students’ skills.

Sally Adams Todd Moritz Jennifer Anderson, The Leukemia & Stephanie Musgrove, BestPrep Lymphona Society Kim Nelson, Citizens Independent Bank Amy Baldwin, Boston Scientific Didrik Peterson *Darren Beecher, Oracle Sheila Posthumus Katherine Bjorkman, Ecolab Anna Rasmussen, BestPrep Matt Born, Hiway Federal Credit Union Michael Reeves, Next Steps 2 Success, LLC Nancy Brady, United Educators Credit Union Matt Salisbury, Boston Scientific Leah Burak, Citizens Independent Bank Michael Samuels Thomas Colosimo John Schulte, BestPrep Kayla Dutton Bethany Sekora, Upward Bound Amanda Ferris, Me to Machine, Inc. Alex Siebenaler, OptumHealth Dick Gillespie Brooke Skinn, 3M Josh Goedel Jeff Standke, Bridget Hansen, Venture Bank Adam Taylor, Securian Financial Stacy Harney, Boston Scientific Bonnie Vagasky, BestPrep Mark Hodowanic, Hiway Federal Credit Union Lauren Varani Alieh Kimbeng Annette Wanchena, Minnwest Bank Kari Kimbrough Terry Weber, United Educators Credit Union Linda Leech, The College Place Ma Xiong-Nguyen Anne Marie McKenzie, Allianz Life *Mainong Yang, Upward Bound - Century College Sara Mitambo John Zbikowski "The week at MBV is definitely a week to remember. I met amazing people that have inspired me to do better in life. Additionally, I met some outstanding leaders and business people." -Student from Washington Tech Magnet School MBV Advisory Committee The MBV Advisory Committee and subcommittees meet through the year focusing on updating curriculum.

Tanya Schmitt, Ecolab Teresa Schmitz, Ecolab Jessie Welton, Federal Reserve Bank Justin Duepner, Allianz Life Rick Anderson, Allianz Life *Art Kennedy Jr, SPS Commerce Infinite Retail Power Steve Florman, OptumHealth Cale Nelson, Travelers

Lincoln Goede, Xcel Energy Committee Co-Chairs: Matt Molinaro, Ecolab *Justin Rubin, Travelers Paul Pernula, Shady Oak Distributing Eric Mahowald, Securian Financial Travis Symoniak, Securian Financial *Darren Beecher, Oracle Pre/Post Test Data: Carly Baker All MBV,participants took a pre/post test during the first and Maggie Snetting, Financial last day. The test had 17 questions which focused on careers *Katie Brokaw, Ecolab and interviewing, personal finance, insurance, and business plan concepts. The average test score increased by 10%, Ashley Kresen, Ecolab and in some areas, knowledge increased by up to 63%. Leisha Cavallaro, Travelers

A student practices his interviewing skills during mock interviews at St. Cloud State University

Financial Planner Volunteers

Financial planners lead a session called “Paying for My Lifestyle”, to small groups of students. They lead discussions on spending habits, budgeting, inflation, compound interest, and investing.

Emir Beganovic, Thrivent Financial Sandra Soun, OptumHealth Keeley Christoff Don Spieker John Conlin, RBC Wealth Management Tyler Walz Stephanie Giese Shawn Wermerskirchen, Charterpoint Wealth Strategies John Hajostek, Forum Communications Company Aaron Zimmer Debbie Huddleston, Xcel Energy *Jason Kley, Capital Management Laurie Lafontaine, Allina Health "When I first got on the bus to MBV, I Takuro Matsuda, KPMG felt a little nervous but now, Chris McAlpine, Wells Fargo afterward, I feel more self-reliant. Todd Moritz MBV has been the highlight of Susan Nelson, Citizens Independent Bank my summer." Andreas Schmieg, Medtronic -Student from Eden Prairie Jodi Slais, Wings Financial Credit Union High School

Company H at St. Cloud State University after completing their business plan presentation

Business Plan Judges

Bankers and other community volunteers evaluate students’ business plan presentations by listening, scoring, and providing feedback.

Jennifer Anderson, The Leukemia & Lymphoma Society Dan McCarvel, Venture Bank Alex Bahl, Venture Bank Todd Moritz, Sandvold Financial Group Linda Bannigan, BMO Harris Bank Michael Munson, Dominium Apartments Jason Bauerly, Ameriprise Financial Dixie Nelson, Lillies de Fleur *Darren Beecher, Oracle Jeffrey Partyka, UCare Minnesota Tami Berge, Ameriprise Financial Services Claudia Revermann Travis Blasy Daniel Ryan, Old National Bank Dan Bot, UnitedHealth Group Michael Samuels Trinia Bruchman, EY Jennifer Schwichtenberg Tim Cartwright, Citizens Independent Bank Candice Smith, Optum Andrew Cravero Christy Smith Ann Erickson Don Spieker Martha Field Smith Laine Suppes, Securian Financial Jeffrey Holland, BMO Harris Bank Adam Taylor, Securian Financial Debbie Huddleston, Xcel Energy Kim Hultgren, Alerus Financial "I really enjoyed what MBV had to offer and *Jason Kley, Carlson Capital Management believe it was one of the best decisions I've ever Thomas Kopacek, BMO Harris Bank made. I plan on implementing everything I've Laurie Lafontaine, Allina Health learned into my life so I can grow myself and Audrey Langston, Travelers those around me." Jim Loscalzo, Hewlett Packard Enterprise Eric Mahowald, Securian Financial -Student from Champlin Park High School Chris McAlpine, Wells Fargo

MBV Schools 2018: MBV STUDENTS REPRESENTED 102 Aberdeen Central High School Johnson High School SCHOOLS Academy of Holy Angels Kasson-Mantorville High School Anoka High School Lakeville North High School • 72 Metro Schools Benilde-St. Margaret's School Lakeville South High School Blake School Loyola Catholic School • 28 Greater MN Schools Brooklyn Center Secondary Luverne High School Buffalo High School Mahtomedi High School • 2 Out of State Schools Burnsville High School Mankato West High School Cambridge-Isanti High School Maple Grove High School Cathedral High School Maranatha Christian Academy Central High School Math & Science Academy Century High School Mayo High School Champlin Park High School Milaca Secondary High Chanhassen High School Minnesota Transitions Charter School Columbia Heights High School Minnetonka East Middle School Community of Peace Minnetonka High School Academy Secondary Mounds Park Academy Como Park Senior High School Mounds View High School Concordia Academy New Life Academy Coon Rapids High School North Senior High School A student shares her part of the business Cristo Rey Jesuit High School North St. Paul High School plan during presentations Dawson-Boyd Secondary Northfield Senior High DeLaSalle High School St. Paul Academy & Summit School Osakis Secondary Eagle Ridge Academy Stillwater Area High School Charter School Osseo Senior High School Tartan High School East Ridge High School Owatonna Senior High School Totino-Grace High School Eastview High School Park Rapids Senior High Two Harbors Secondary Eden Prairie Senior High Patrick Henry High School Virginia High School Edina Senior High Princeton High School Wabasha-Kellogg Secondary Edison High School Providence Academy Waseca High School Elk River High School Robbinsdale Armstrong High Washburn High School Fairmont High School Robbinsdale Cooper Senior High Rockford High School Washington Tech Secondary Magnet Farmington High School Roseville Area High School Wayzata High School Forest Lake High School Shakopee Junior High West White Bear Lake Area High School North Campus Harding Senior High School Shakopee Senior High School Woodbury High School High School for Recording Arts South High School Worthington High School Highland Park Senior High School South St. Paul High School Hmong College Prep Academy Southwest High School “This week at MBV, I have had an incredible Hopkins High School Spring Lake Park High School journey in growing my leadership skills, as Springfield Secondary School Hutchinson Senior High well as understanding of the business world. St. Croix Central High School Immanuel Lutheran School For anyone apprehensive about their future, Irondale High School St. Croix Lutheran High School the leaders at MBV provide plenty of Jefferson High School St. Croix Preparatory Academy wisdom and clarity." St. James Secondary St. Louis Park High School - Student from East Ridge High School

St. Cloud State University Herberger School of Business

St. John’s University Donald McNeely Center for Entrepreneurship

BESTPREP WISHES TO EXPRESS OUR JONATHAN FILZEN, PROGRAM MANAGER TWITTER.COM/BESTPREPMN

GRATITUDE FOR THE MORE THAN 350 [email protected] WWW.BESTPREP.ORG CORPORATE, FOUNDATION AND 763-233-6325 FACEBOOK.COM/BESTPREP INDIVIDUAL DONORS WHO MAKE OUR PROGRAMS POSSIBLE. THANK YOU We have attempted to correctly list all individuals and organizations that have been involved this FOR YOUR SUPPORT! year. Please email [email protected] with corrections.