Update of race results!!

As mentioned in my previous entry, i took part in two events that were organised as part of the global entrepreneurship month.

First event was called the JA titan held at NUS. Objective of the competition was to run a virtual game company that sought to to thrive, not just to survive. My team of 4, had to make decisions on capital investments, RnD, units productions, units price and marketing that would directly affect our company in order to outwit other competitors running their own virtual companies. Performance of the company was measured by the performance index (PI). Our PI constantly topped the others throughout the quarters and we were excited about winning, as the winning team got to take home a plaque and a coveted 150 Borders book voucher for every team member. As fate had it, we ran out of luck in the last quarter and the 2nd team overtook our PI by a mere few points. It was so damn disappointing as we watched them receiving the vouchers. We were so close to getting them. Yet, we could only sulk and as 1st runner up,we did not get anything by the way. =(

Today's event was called the enterprise race. It was very significant as the winning team got to take home with them a cash reward of $2000! My team was all out to win for this one, after a disappointing performance on the JA titan. We prepared ourselves by running and doing our reseach on companies and present entrepreneurs as hard as we could before the competition . We even went to the extent of going to the starting venue 2 days before the race just to get ourselves familiarised with the surroundings. The race adopted elements from the Amazing Race and it took place in the heart of the CBD area. Participants had to decipher clues and overcome obstacles at a total of 9 stations before they could proceed to the pit stop. The hard work we put in for this one eventually paid off. We came in as the earliest team. However as luck had it again, our total performance points lost out to a RGS girls team (NOT AGAIN!!). Got 2nd again but this time, 2nd place got to walk away with 1k! Woohoo! Besides that, we won the most innovative award at one of the station, and that made our combined revenue 1.3k! Yes! Our real regret for the race was that we didn't get 1st as we lost to the other team in terms of the support they had. The lack of support costed us some valuable points which would have turned the tide of battle :(. None the less, at least we got 2nd and each of us was contented to walk away with a net profit of $305! LOL.

Lesson learnt: Next time must get friends here to support and chear for us.