I have great news! I found out why my business plan didn’t move forward in the competition. I am proud to share that it wasn’t because of the writing or the content. I was told that the financials were outstanding, and the writing was excellent (I wrote it myself. :)). It didn’t move forward because the judges didn’t understand how As NOT Seen on TV would make money.
I’m not going to trip because everything was in the plan. In fact, it was noted that no money would be made in the business until the second year. Anyhoo…
At least I now know why my plan did not move forward. Heck, at least I had a business plan. It will be submitted again this year. If not for this competition, then for another one.