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Old 06-14-2013, 10:57 AM #1
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Paintball Plan Wins Business Competition

Seven groups of entrepreneurs went into the University of South Florida's version of the Shark Tank. One came out with the top prize — a $15,000 check to help fund their startup.

South Tampa Paintball won the 2013 Fintech Business Plan Competition based on a rousing presentation by Casey Henry, a finance major at USF. At 21, she was the youngest competitor and only undergraduate student...

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Tampa Bay Times Article

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"If you don’t think competitive paintball sounds like a lucrative, innovative business proposition, think again.

South Tampa Paintball LLC is the latest business venture to win the Center for Entrepreneurship’s Fintech Business Plan Competition on Friday, which is in its fifth year of awarding seed startup money to student-owned businesses..."

USF Business Article
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Old 06-14-2013, 11:07 AM #2
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Old 06-14-2013, 11:14 AM #3
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Quote:
Originally Posted by SouthTampaPaintball View Post
Seven groups of entrepreneurs went into the University of South Florida's version of the Shark Tank. One came out with the top prize — a $15,000 check to help fund their startup.

South Tampa Paintball won the 2013 Fintech Business Plan Competition based on a rousing presentation by Casey Henry, a finance major at USF. At 21, she was the youngest competitor and only undergraduate student...

Read more below

Tampa Bay Times Article

Tampa Tribune Article

USF Magazine Article

"If you don’t think competitive paintball sounds like a lucrative, innovative business proposition, think again.

South Tampa Paintball LLC is the latest business venture to win the Center for Entrepreneurship’s Fintech Business Plan Competition on Friday, which is in its fifth year of awarding seed startup money to student-owned businesses..."

USF Business Article
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Old 06-14-2013, 11:20 AM #4
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This is awesome, can't wait to see what the facility looks like when it's up and running!
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Old 06-14-2013, 11:25 AM #5
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Old 06-16-2013, 08:59 PM #6
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Wow, right in my town, awesome.
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Old 06-16-2013, 09:54 PM #7
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Great story, the big issue is the relationship they are building with their City and community.

I have been watching this and hoping for the best for them.

We will be making the trip up to check it out.

STP you ladies need to have a presence here on the Nation, start a thread over in the Florida section if you have not yet.
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Old 06-16-2013, 10:05 PM #8
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Is there any way you can post a vid of your presentation?
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Old 06-16-2013, 10:06 PM #9
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One small step for business, one giant step for paintball.
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Old 06-16-2013, 11:07 PM #10
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Curious to see their presentation and forecasts. She beat out a company selling excess medical supplies to Africa and clean medical waste disposal company, so it must have been really damn good.

27% profit margin ($39 - 50k), so estimating about $165k of revenue. Assuming entry is $25 and a case is $50, everyone gets at least a case, and open only on weekends. Then they need about 25 person per day open. Profit margin seems a little high imo, but then again, I don't know the various expenses for a field.

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Old 06-16-2013, 11:27 PM #11
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Very cool but I'd like to see the numbers she used and her plan...
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Old 06-16-2013, 11:28 PM #12
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Is there any way you can post a vid of your presentation?
This, would love to see it!
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Old 06-16-2013, 11:39 PM #13
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Congrats on the award, but catering only to tournament players is a risky move. With CFP being no more than an hour away they had better have a damn good facility and plenty of reasons for people to come to them and not CFP.

Best luck, it's a cut throat industry. Would like to see it succeed.
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Old 06-17-2013, 01:01 AM #14
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Old 06-17-2013, 01:44 PM #15
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Quote:
Originally Posted by CraigAL32 View Post


Great story, the big issue is the relationship they are building with their City and community.

I have been watching this and hoping for the best for them.

We will be making the trip up to check it out.

STP you ladies need to have a presence here on the Nation, start a thread over in the Florida section if you have not yet.
Hey CraigAL32! Thank you for the suggestions. We greatly appreciate it. It takes a while for PB Nation to approve fields on the forum. As soon as they legitimized it, I started posting tidbits here and there. There is a thread of the Florida section. Enjoy your week and I look forward to keeping you in the loop
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Old 06-17-2013, 01:46 PM #16
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Very cool but I'd like to see the numbers she used and her plan...
That would require a signed NDA
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Old 06-17-2013, 02:00 PM #17
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Congrats on the award, but catering only to tournament players is a risky move. With CFP being no more than an hour away they had better have a damn good facility and plenty of reasons for people to come to them and not CFP.

Best luck, it's a cut throat industry. Would like to see it succeed.
Replace "tournament" with "competitive." Liberate your mind from the connotations associated with "tournament" paintball. There is a huge untapped competitive paintball market.
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Old 06-17-2013, 02:03 PM #18
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Is there any way you can post a vid of your presentation?
Unfortunately, my attorney strongly advises against this due to the confidential nature of business plans
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Old 06-17-2013, 02:07 PM #19
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Old 06-17-2013, 02:12 PM #20
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This will be interesting to watch start up, to say the least.
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Old 06-17-2013, 02:19 PM #21
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Replace "tournament" with "competitive." Liberate your mind from the connotations associated with "tournament" paintball. There is a huge untapped competitive paintball market.
Thaannnkkk yoouuu Thats been the biggest thing paintball has needed is a class of ballers that approach it as a sport instead of just the divide between hobbyist and tournament players.
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