Exploring the Benefits of the Goldman Sachs 10,000 Small Businesses Program

The Goldman Sachs 10,000 Small Businesses Program represents an excellent opportunity for entrepreneurs to get free help in improving their business. But exactly what kind of help should those who are accepted into the program expect to receive? Lawrence Polena, one of the Goldman Sachs 10,000 Small Businesses instructors, elaborates on four key benefits the program provides to small businesses.

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    A peer-learning approach
    The classes are set up in such a way that those enrolled in the course learn from each other.

    “The instructor presents a new idea or tool to the class,” Polena says. “Each class member, or scholar, will then work on ways to apply the concept to their business. This typically involves group discussions where the scholars give and receive feedback.”

    The benefit of this approach, Polena says, is that all of the work that the scholars do in the class is related to their own business.

    Relevant and information-packed courses
    The Goldman Sachs 10,000 Small Businesses program is centered around areas of study, or mods, that help the scholars identify new growth opportunities. And, just as importantly, to identify whether these are good opportunities to pursue.

    “For example, the financial mods give scholars the tools they need to evaluate growth opportunities and also run their business better,” Polena says.

    Also, there are two mods that deal with people, Polena says. “The first focuses on the entrepreneur and how to develop leadership skills. The second focuses on employees, including recruiting, retention, performance issues, etc.”

    Other mods include: marketing, process mapping, and how to get funding for growth.

    • RELATED: Learn more about the areas of study covered by the program

    Assessing the right opportunities
    A primary focus of the program is to help the scholars formulate a learning process by which they can identify and assess growth opportunities.

    “All during the program, the scholars are working on a growth plan for implementing a growth opportunity they identify for their business,” Polena says. “This is a reusable process, so they can use it to identify and assess other growth opportunities after they graduate from the program.”

    Building long-lasting relationships
    Scholars who enroll in the Goldman Sachs 10,000 Small Businesses program will find that the relationships they build during the program last long after graduation, Polena says.

    “When they become an alum, they become part of a group of over 500 graduates in Cleveland,” he says. “There is an active alumni program that has monthly continuing education, accountability groups and social events. Many find the new network they developed is a benefit they hadn’t anticipated.”

    Apply for the next Goldman Sachs 10,000 Small Businesses session by clicking here. The deadline to apply is October 13, 2017. Learn more about the program by clicking here.

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    Next up: Final Four in the 2014 COSE Business Pitch Competition Announced
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  • Final Four in the 2014 COSE Business Pitch Competition Announced

    The final phase of the competition will feature the four finalists making their final pitches to a panel of judges.  The event will serve as the kick-off to the 2014 Small Business Convention that will take place the next two days (October 23 & 24) at Kalahari Resorts and Convention Center in Sandusky.

    An advertising platform that helps colleges recruit more students, a unique storytelling iPad and iPhone app, custom body shape electric guitars, and craft-beer-based donuts are all part of the ideas submitted among the final four competitors in The Council of Smaller Enterprises’ (COSE) fourth annual COSE Business Pitch Competition.  Similar to the concept of the popular ABC reality TV show, Shark Tank, the competition will award $40,000 in prize money to the finalists, with the top winner taking home $20,000.

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    The final phase of the competition will feature the four finalists making their final pitches to a panel of judges.  The event will serve as the kick-off to the 2014 Small Business Convention that will take place the next two days (October 23 & 24) at Kalahari Resorts and Convention Center in Sandusky.

    COSE Business Pitch Competition Finale 
    Wednesday, October 22 
    5 to 8 p.m. 
    Kalahari Resorts & Convention Center
    7000 Kalahari Drive, Sandusky

    The Business Pitch Competition event is open and free to all interested individuals, including those that have registered for the 2014 Small Business Convention. 

    More than 74 aspiring entrepreneurs submitted entries in the competition, consisting of a two-page executive summary and two-minute video pitching their ideas.  A panel of experts reviewed the entries and the top 15 were invited to COSE’s offices on October 7 to make face-to-face pitch presentations to the judges. 

    Out of that phase of the judging, here are the top four finalists that will compete for the top prize:

    • Natalie Bauman – The Digital Mosaic, LLC
      The Digital Mosiac is a unique storytelling app, designed to help people tell their stories one question at a time in an easy-to-use guided format, using webcams to capture the video in short bite-size clips.
    • Shelley Fasulko – Brewnuts  
      Brewnuts combines craft beer and donuts in to one, and makes the food and beer lover’s ultimate guilty pleasure: craft-beer-based donuts.
    • Ryan Schoeneman  – Colby Featherbottom's Custom Sound Machines
      Colby Featherbottom's Custom Sound Machines builds custom body shape electric guitars from their client's own design using CNC robotics, instant cured finishes, and intuitive design software.
    • Eric Vennaro – Consult Mango
      Consult Mango’s objective is to help colleges to recruit more international students through an advertising platform that helps them automatically post sponsored ads and create content on international social media.

    To register, or for more information on the 2014 COSE Business Pitch Competition, logon to www.cose.org/pitch.  If you have questions, please contact Angela Presutti at (216) 592-2385 or apresutti@cose.org.


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    Next up: Find Your 2018 Summer Intern
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  • Find Your 2018 Summer Intern

    The Greater Cleveland Partnership’s Internship Central program is again collaborating with Tri-C to offer GCP members the opportunity to participate as an internship host employer for Tri-C’s 3rd annual Summer Internship Program. There are 90 internship opportunities available and employers can host more than one intern. The program is five to 10 weeks (maximum of 100 hours to be worked) from May 29 to Aug. 10, 2018.

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    As an external host employer, the company would be placed with an intern who best matches your needs. Tri-C manages the HR functions of the internship, such as hiring, placement and internship compensation. Students will be compensated by the college at $10 per hour.

    Other benefits to the host employer include:

    • Screening of interns for a 2.0 minimum GPA, active student status and other requirements will be conducted by the College.
    • Speed networking internship fairs (opportunity for employers to interview potential interns) hosted by the College.
    • Students will be considered Cuyahoga Community College employees (on Tri-C’s payroll).
    • Thorough background check and drug screening conducted by the College.

    The host employer is responsible for:

    • Providing supervision, coaching, feedback and support to the intern during the internship period.
    • Providing meaningful work and learning experiences for the intern.
    • Developing and sharing a work plan for the intern, outlining objectives and deliverables throughout the five- or 10-week internship.
    • Providing a workspace and other resources (e.g., access to computer, reference materials, and telephone).
    • Attending ONE of the Internship Fairs. Attending an internship fair is essential because this is where you will meet and interview potential interns and make your top intern selections.
      • Metropolitan Campus (downtown Cleveland) – Friday, March 9, 2018
      • Western Campus (Parma)- Tuesday, March 13, 2018

    Internship host opportunities will be filled on a first-come, first-serve basis. If you are interested in hosting a student during summer 2018, please complete the Summer Internship Job Description and return to Angela Finding at afinding@gcpartnership.com by Nov. 20, 2017. For questions regarding the program, call Angela at 216-592-2385.

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    Next up: Former Cleveland Brown Joe Jurevicius enters the small business world
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  • Former Cleveland Brown Joe Jurevicius enters the small business world

    Joe Jurevicius is used to being uncomfortable. He spent 11 NFL seasons (including two with his hometown Cleveland Browns) dealing with all the aches and pains that go along with being a pro football player. But all of those years of football have prepared him for life, post-football. Jurevicius today is co-owner of WashClub Cleveland. Think of it as Uber for the laundry industry.

    Joe Jurevicius is used to being uncomfortable. He spent 11 NFL seasons (including two with his hometown Cleveland Browns) dealing with all the aches and pains that go along with being a pro football player.

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    But all of those years of football have prepared him for life, post-football. Jurevicius today is co-owner of WashClub Cleveland. Think of it as Uber for the laundry industry.

    And how, exactly, did football prepare Jurevicius for his new career?

    “You know you’re going to get hit, your body aches. All those things go along with playing the game of pro football,” the former Super Bowl winner says, in thinking back to his football career. “And in the business world, it’s uncomfortable for me because I played football for so long and I didn’t have a business background. So, being uncomfortable almost comes natural. I’m not afraid of it.”

    Learn more about WashClub Cleveland here.

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    Next up: GCP Board Member Chairs Small Business Congress Event in Washington
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  • GCP Board Member Chairs Small Business Congress Event in Washington

    The National Small Business Association (NSBA) held its 2017 Small Business Congress in Washington, D.C. recently where small business leaders from across the country discussed topics ranging from tax reform and alternative financing to improving the Affordable Care Act and regulatory reform.

    The National Small Business Association (NSBA) held its 2017 Small Business Congress in Washington, D.C. recently where small business leaders from across the country discussed topics ranging from tax reform and alternative financing to improving the Affordable Care Act and regulatory reform.

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    GCP board member Kevin Johnson of Glenwood Management Company served as chair and oversaw a successful event with a record number of attendees.

    “The Small Business Congress is NSBA’s biennial event held at the start of each new session of Congress, and is designed to give NSBA members a voice in determining the organization’s top policy priority issues,” said Johnson.  “I was honored and humbled to lead this year’s event.”

    The two-day conference was packed full with policy discussions and culminated in attendees voting on NSBA’s policy priorities for the coming two years.  To view NSBA’s top priorities click here.


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    Next up: GCP Board of Directors Election
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  • GCP Board of Directors Election




    Attention GCP members: You are entitled to vote in the election of the GCP Board of Directors. Please click here to view the 2017 Board of Directors Ballot and Proxy.
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