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CORNWALL Brock Frost, a local real estate investor and community man, is setting up scholarships at two local schools to be awarded annually to students displaying an entrepreneurial spirit upon graduation
Frost encouraging entrepreneurial spirit
Frost said he felt there was a need to give young entrepreneurs a goal Converse Sale Ebay
That's not to say Frost isn't doing well, nor is he one of those "drastic change of fortune" stories.
"People have great ideas, but they're so afraid of making it work," he added.
after interviews and background checks are completed.
consider so you need to be pragmatic, but smart at the same time."
Frost said he isn't interested in the "excuses people make not to try something," a problem which can be seen perhaps more frequently in smaller towns like Cornwall.
"As well as having a minimum 75 grade average, students must have a sound business plan to accompany their idea or they must demonstrate that they've been accepted to post secondary studies in a business field."
An idea means little if you can't demonstrate its potential.
"There are so many untapped markets and so many different business opportunities that could exist here.
"You can open a boutique and sign a lease, but have you looked in to your product, Converse Chuck Taylor 2 Black expenses, payroll or your minimum break even?"
People come up to me over the years with all these great ideas; I just say "then do it."
"I spoke to the principals of both schools and they're more than excited," Frost said. Each school's scholarship committee will identify three candidates and Frost will select the winner Black Leather Converse Shoes Ebay
Simply put, a business cannot exist without a sound business plan, according to Frost.
"Everyone had a pension and the same job for 35 years but that's starting to change I see huge entrepreneurial potential in this city.
The students eligible for the scholarship should be prepared to show they mean business, Frost said.
The idea of rewarding young entrepreneurs came to Frost "about a week ago," but the seeds were planted last year during his $25,000 business idea contest he likened to Dragon's Den.
"I've risked everything 10 different times in my life, I've been lucky a couple (of those) times," he said. "Persistence is key. You decide whether it's going to happen or not and it's up to you to make it work."
"It's generally a blue collar town, a mill town," he said.
to chase, something that may have changed his life's direction when he graduated.
Frost said the graduating students of Cornwall Collegiate Vocational School and Rothwell Osnabruck School, both of which he attended, can receive the $1,000 grant.
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Frost said he has taken his chances to succeed, though he admits there were a few times he almost went down and out.
"When I graduated, there were awards to be had but none for entrepreneurs," he recalled. "When I was 18, I might have tried to just pursue a business instead of going to university, had an opportunity like this (scholarship) been available to me."
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