Phil Borgic visited CEO to prepare the team for their bankers’ day presentations. Phil started with style, “sparkle. Be enthusiastic about your products and services. If you’re not excited about it nobody else will be.”

The team also discussed financial planning with Phil. “Make your business plan air tight. You should know with 99% certainty what you expect to leave with because you have prepared that thoroughly.” Phil explained that banks don’t want to take huge risks so a business should be prepared with conservative numbers. “If you don’t have to have it, don’t borrow it.”

Team members are meeting with local bankers tomorrow, March 13, for CEO’s annual Bankers’ Day to pitch their personal businesses and receive funds from the class business profits to help with their start up capital. Time to start their new adventure in becoming their own CEO’s!

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