The Cellero Team |
I had the honor of spending this week at Lycoming College, where I was
given the chance to meet new people, learn how to run a business, and hear some
of the most motivational speakers in my life. I was given this exciting opportunity
through the generous contribution of Wheeler Brothers, a local business in
my area that I cannot thank enough for paying my tuition.
I arrived at the Lycoming College campus on Sunday. As a small liberal arts school, Lycoming had
the great traditional scenery of most college campuses, and I knew that the
next week would be an exciting one.
A few hours after arriving, I entered a room where I would meet my new
company. Around twenty unfamiliar
strangers entered the room, but I knew that they all had one thing in common
with myself: they cared enough about business and their future to take a week
out of their summer to attend a business camp.
Jim Mattern, our new company advisor who had experience running four
businesses greeted us. He started the
meeting with a few games intended for us to learn about each other. I soon found out that these students had much
more in common with me than I previously believed. In addition to meeting these great people, we
were told that we would be producing a product in the cellphone industry.
Sunday evening, we had our first team experience: junk night. Junk night involved strategically choosing pieces of junk to invent a new product. If the product we created ever hits the market, it will be a complete success. After all, who wouldn’t want a swinging bicycle with a laser gun?
The majority of our Monday involved learning how to use the business
simulation software that would allow us to finance our company. CFO Joseph Giedgowd of Buyer’s Choice did a
great job explaining the work behind this software. After learning from him, we then went to our
group meetings, where we made our first quarter decision. Throughout the length of the program, we made
twelve quarter decisions, simulating the financing of our company for three
years. Later in the day, we had Mr.
Robert E. Merril, the CEO of CraftMaster, discuss what was involved in running
a business. I found this extremely
exciting, as my dream is to someday become a CEO of a major technology
corporation.
Tuesday was the day when the excitement began to grow. We now had a company that we formed yesterday:
Cellero. The name was derived from the latin
word celero, meaning speed. We formed finance and advertising groups to
prepare our products. I took part in the
finance group, helping to make crucial decisions on spending each quarter.
Tuesday may have been one of the most beneficial days in my life,
because I heard many of the best speakers that I have ever heard. Jeff Yalden was definitely the most
inspiring, as he used his life experiences to show us that we did not need to
care what other people think and that we should simply be ourselves. He stressed that we should have no regrets at
the end of the day. After possibly the
greatest speech that I had ever heard, I had the honor of meeting him (and
purchasing a great t-shirt). He, along
with every other speaker, spoke to us for no cost. All of the speakers cared very deeply about
leaving an impression on us. Jeff Yalden
donated all the money raised from his t-shirts to battle cancer, leaving
himself no profits.
Picture with Jeff Yalden |
Our company advisor, Jim, gave a great speech, explaining that to be
successful, we must overcome hardships.
Matthew Brouillette of the Commonwealth Foundation for Public Policy
Alternatives did a great job explaining the importance of the free enterprise
system and minimal government involvement.
Dean McKnight, a former senior vice president of M&T, explained the
importance of investments and showed that not all of those involved in the
financial industry are as greedy as the media portrays them.
Tuesday (and the rest of the week) did not only involve business,
however. Each day, we competed in
volleyball tournaments (formally arranged and during our free time). We also got the chance to take part in daily
campus life by hanging out in the lounges, playing sports, and “partying” on
the steps.
After three packed days, Wednesday included many more breaks. We heard two speeches from Mr. Morrison and
Mr. Kovski, explaining to us what is involved in gaining and keeping a
job. In addition to these speeches, we
continued to run our company and took part in a business ethics debate. Wednesday evening was great. We were given the opportunity to swim in
Lycoming’s great lap pool and play basketball with our friends.
Thursday was the busiest day of the week as we prepared to give our
presentations the following day. We
finished preparing both a stockholder’s presentation and an advertising
presentation. We listened to an
extremely inspiring life story from Robb Armstrong, who is now the most famous
African American cartoonist for newspapers in the world. We then spent the rest of the day (until
10:45!) preparing our presentations.
Friday was the final day in our business excursion. We had our final company meeting, and
everyone in the room was now sad that they might never see the members of their
company again. On Sunday, we were all
strangers, but by now, we had become an extremely close company. We felt a friendship as if we had known one
another much longer. After a very
photographic meeting, we then presented our stockholder’s presentation. I had a huge part in explaining the financial
aspects of our business. We then went to
the auditorium, where the advertising committee presented a great speech and
memorable commercials.
The day concluded with the closing banquet and dance. We did not win the overall best company or
any of the major awards, but we all had such a great experience that it really
didn’t make a difference. We could have
taken home every award, but we still would not have learned anything more than
we did or had a different relationship with the members of our company. After our last supper, we made our way to the
dance, a major highlight of our week. Held in the lounge, nearly everyone
attended and the dance floor was packed.
While I know that this summary of my week is extremely long, I could
have actually made it much longer.
During the entirety of the week, we were involved in so many activities
that it flew by. I met so many incredible
people that if I mentioned each and every one of them in this post, it would
probably be twice as long. I had an
amazing week and once again thank Wheeler Brother’s and everyone that
contributed to making this week happen.
I would recommend this week to anyone who wants to learn for success,
meet new people, or experience campus life.
If you are a junior or senior that successfully read this huge
summarization of my week without boredom, then you must sign up next year as
soon as possible!
I would like to go to this program over the summer. I've been researching to see what its all about. But I would like to know why the website doesn't show a list of all the businesses that sponsored it. Is this program just them trying to get you to attend their college? If you know of a list of sponsors could you reply with a link? Please reply back. Thank you.
ReplyDeleteNo, the objective of PFEW is definitely not to get you to go to Lycoming College or Penn Tech. Those are just the hosting locations. PFEW itself is an independent organization, funded mostly by Pennsylvania business owners. If you attend, they should give you a paper saying the business that sponsored you, so you can write a thank you letter. Lycoming offers scholarships to PFEW attendants, but it is simply the venue for the event. I am currently at Carnegie Mellon University, and I loved my PFEW experience. It really had nothing to do with whether or not I wanted to go to Lycoming or Penn Tech. For what I wanted to do, neither college really applied.
ReplyDeleteThank you, my Dad was asking me about all the sponsors. But I sent in an application, I can't wait to go! I think it'll be a great experience.
ReplyDeleteOhhhhhhhhhhhhhhhhhhhmigawwwwdd!!!!!!!!!!!!!!! I'm so excited about PFEW this year!!! Do you think they'll accept me? I am currently a junior (a bit young I know) and I have taken 9 AP courses (they were so haaarrrrrrrdddddddd). I'm not sure if I should be taking so many, the course load is not healthy for me but I think I can handle it. Also, I have a 4.8 weighted GPA (I'm not sure if that's good enough, should I work on that?). Also, I am planning to apply to a good college. Is Carnegie Mellon any good at women's studies?
ReplyDelete