task for next session

NEXT!.. we received an email from UV about the next task that our group have to do.

The task is

1. Submit a 250 - 300 words brief of your business idea
2. Prepare your PowerPoint Slides for the Judging Session.

How the Judging Session works:

1. Each team would be given 8 minutes to present their business idea to the Judges.
   
2. After the presentation, there will be a 5 minute Q&A Session with the Judges.
3. You may prepare and pass handouts, leaflets, or whatever supporting documents to the judges on the event day. However, remember the key word: "PACKAGING" =)
4. Each team would be allowed to invite a maximum of 15 friends / supporters (excluding YES 2 teams who didn't get through, in case you're thinking of inviting them...as they are by default, already invited to join us at the event) to the event. Please send in your list of invitees to me by Wednesday (24th March 2010).
   
5. In case you're wondering, you will be judged based on the following Criteria:
   a. Products or Services
   b. Market Need & Potential
   c. Competitive Advantage (Differentiating Factors)
   d. Scalability
   e. Barriers to Entry
   f. Revenue Model
   g. Management (Team)
   h. Financials

we will work hard for it!!!.. (^_^)

~ Half Way to Glory - RichyRich : Makes Your Cash Wealthier ~

Our group has been making preparations in presenting our business plan on the next Judging Session. Consequently, we have created a new business description. This is because we now have new fresh ideas to be proposed in our operation. Since the stake of this competition is now high, a lot of new and vital information is included in business detail.

This few weeks has been a hectic week for us due to our midterm exams, assignments and preparing ourselves for the presentation; however, we must divide our time wisely to implement the tasks given to us. Last Saturday, after our examinations, we decided to discuss on our business ideas to enrich our businessight away. It's a lot of commitment I have to say. Although we are stress, we have succeeded in adding all the criteria set by the organizers. We are pleased with the improvements and the information has been entered for our business.

Actually, we are quite worried because we think that we do not have enough time to make preparations and training for our presentation but YES, we take it as a challenge that we should overco0me it before we tackle the real business world.

Last but not least, we also need to keep ourselves healthy to avoid any unwanted incidents before we face the presentation this Saturday. We did jog and consume healthy food

~RichyRich : Makes Your Cash Wealthier ! ~

TOP 12

2 Days after the BreakThru Session, we, RichyRich received an email from Uv from MoneyTree. In the email, he congratulate us for making it to the Top 12. We are 1 of 40 teams that managed to get short-listed :)

It's a joy for us. When we got the email, we were so thrill and happy and no word can describe how we felt. We consider our business as our baby. We defended it well during the BreakThru Session, we believe in it with all our heart, and we want it to become successful. Can you imagined how it feels when you achieve it? We were so glad and at the same time we were maintaining our sense of gratification.

Well as always, it's not the end of our journey. There are still lots more to come, lots more to prepare, and lots more to achieve. For those who have been supporting us all along, here is what we have to say to you :

"THANK YOU GUYS FOR EVERYTHING. WITHOUT EVERYONE'S HELP, WE BELIEVE WE'RE NOT GONNA BE THIS GREAT. THANKS AGAIN AND WE, RichyRich, WONT DISSAPOINT ALL OF YOU," sincerely from RichyRich.

There's a lot more effort to put in. We need to improve more in our business model. We will do our best! We believe together, we can CHANGE for the better. YES!

The Journey Continue

Q & A session

break session

THE END

EXPERIENCE IN BREAKTHRU SESSION

On Saturday, March 13th, 2010, we, RichyRich, presented in front of a few panel of judges to secure our place for the top 10 of MAYBANK MoneyTree YES 2 Challenge. We were the third team that presented on that day.

Our presentation was going well, we presented as what we wanted it to be. We managed to get fully used of the time given. We were then been asked 3 questions, it was suppose to be only 2 questions, somehow they asked 3. Well, though it might seem a bit more, we were happy in a way because we knew they were interested in knowing more about our business. We managed to answers all of their questions.

LESSONS LEARNED :

1) It's not easy to have the big shots, the top guns to listen to you.
2) If you have the opportunity, don't waste it, make use of it.
3) Put more effort, though a lil more effort, it will be recognized.

Thanks everyone who's coming!

CORPORATE SYMBOL

The top logo is a RichyRich company logo. Black, orange and yellow are our corporate colors. Black symbolizes "Strong Stability", orange symbolizes "Creativity" while yellow symbolizes "Happiness". Therefore, our company is a "Happy Creative with Strong Stability" company. We want to provide our customers with goodness in life. We want them to be creative with their money, have a strong financial stability and lead a happy lifestyle.

The CashAr logo, below our company logo is a logo of our initial product. "YIELDS FINANCIAL INTELLIGENCE" will be the headline of our product, CashAr. Here our goal will always want to help other people to solve their financial problems. We want to increase the rate of financial intelligent people, starting with our homeland, Malaysia. We have a dream of having people with financial intelligent skill all over the world. Possible? Well according to Adidas, "Impossible Is Nothing". So why not? Let's work for the best, hope for the best and be the best.

POWERPOINT SLIDES

Yesterday, March 8th, 2010, we RichyRich had a meeting to discuss about the slides that we are going to use during the Breakthrough Session this Saturday, March 13th, 2010. Guess what, we stayed all night to complete the slides. Most of the time, we can say that 75% of the time we spent on drafting our presentation slides on paper. We did it in the traditional way..."On Paper". After that only we transform our ideas on the presentation into PowerPoint slides. Call us Orthodox if you want, but that is what we always believe in, which is "Paper first then PowerPoint". After all, paper comes first before PowerPoint. There is a reason why paper is invented before PowerPoint ;)

Do you know the feelings of "Accomplishment"? Well I tell you what, after we transformed our draft from paper into PowerPoint Slides and we got it running on the slideshow, "Wualah"...what an "Accomplishment". We were so happy with our work. It looked nice.

A credit to Office PowerPoint 2007 as well. Thanks PowerPoint!

MAYBANK MoneyTree YES 2 Breakthrough Session

The above event is an event that gives the opportunities to the Maybank MonyTree YES 2 participants the chances to present their Elevator Pitch to the panel of judges. The event partners are The Star Publication & Leaderonomics. The evaluation will be based on Elevator Pitch + Executive Summary.

Here we are given 2 minutes of time to present in front of the judges to pitch for the next round. Out of 40 teams presenting, 10 will be short-listed to the next round. PowerPoint slides will be used to help to enhance our idea.

Each team is allowed to bring 5 supporters to cheer for them. If you are interested to witness the teams battle it out against each other, write to Wong Yu Vee at uvwong@moneytree.my to secure your seats.

After all, it is a great exposure for us, the youths at the early age. This is the kind of exposure, community and support that we need in Malaysia to ensure and bring our youths to the next level. Be supportive and support us, the RichyRich, where we Make Your Cash Wealthier!

Details of the Shortlisting session is as follows:

Date: 13th March 2010 (Saturday)
Time: 10:00am - 4:30pm
Venue: The STAR Cybertorium, Level 2, Menara The Star, 15, Jalan 16/11, PJ
Attire: Business Wear

ELEVATOR PITCH

Last week, on the February 25th, 2010, there has been an update on Maybank MoneyTree YES 2 Challenge. We, RichyRich received an email from MoneyTree saying that we have the chance to present our elevator pitch in front of the judges. The event will take place on the 13th of March 2010 in but before that we are required to submit our elevator pitch to Mr.Uv from MoneyTree.

We were actually kind of busy for last week and this week as well due to examinations that took place in our university;however, it wasn't the reason that could stop us from achieving more in life. We took it in a positive way. By being in this kind of position, it would train us to prepare for the real world in which we will for sure having more than a task at the same time. In a way it trained us to be more focus and take things seriously when it comes to accomplishing goals.

Fortunately, we managed to pull things together. We managed to submit the Elevator Pitch meeting the timeline, managed to revise on our studies as well as our assignments. Guess what, people said "Diamonds Are Made Under Pressure" so here we are, under intense pressure, we managed to reach our goals. Hope it turns out to be a diamond. So long!

Below is the details of the short-listing session :

Date: 13th March 2010 (Saturday)
Time: 10:00am - 4:30pm
Venue: The STAR Cybertorium, Level 2, Menara The Star, 15, Jalan 16/11, PJ
Attire: Business Wear