Consider this business proposal: Build a luxury hotel resort condominium on Costa Rica’s Pacific coast that will have rapid initial sales and maintain high occupancy rates. Call it the Tropical Sands. Give it 84 two-bedroom units with many amenities, including balconies with views of both ocean and jungle. Build it in the country’s hottest destination, easily accessible and environmentally rich.
Or what about selling cars online, or operating an adult daycare center or selling wine or developing and selling smart phone apps?
They are all entrepreneurial ideas of students in Stetson University’s Executive MBA Cohort 6, who graduated from Stetson University in May 2010. The detailed business plans, some of which may become reality, are a critical exercise that comes at the end of 19 months of rigorous study.
Awards, surprises, friends and good food made a festive finish for a cohort that went a long way together — all the way, in fact, to the constitutional monarchy of Dubai on the Persian Gulf, 3,700 miles east of the cohort’s classroom, for the international field study element of the group’s studies. In Dubai, students met leading financiers and managers of businesses with a global reach. They also walked the sands of the Arabian Desert and met a few camels.
Students voted lecturer Peggy Stahl of the Management and International Business Department as their “Distinguished Professor.” Jennifer Small was voted “Top Student Overall.” The award for best business plan, decided by Drs. Monique Forte, Ted Surynt and Stuart Michelson, dean of the School of Business Administration, was Tropical Sands, developed by Anne Hamilton, Melania Lavezzi, Abdullah Oasim and Doug Steele.
Among other accomplishments, Cohort 6 left its mark on Stetson by developing a Code of Ethics for future cohorts.
The EMBA program is designed for students with years of real world experience. Cohort 6 is a combination of regional residents, employees of Celebration area businesses, and some who traveled more than two hours to attend class every Friday and Saturday from 8:30 a.m. to 4:30 p.m.
But that wasn’t the hardest part, said PJ Baro. “Making the decision to obtain a graduate level degree was the most difficult part,” Baro said. After that was merely a matter of “great discipline and focus to balance family, work and school responsibilities.” The reward, he said, has been meaningful relationships, a wide professional network, advanced business knowledge and acumen that will “make a lifelong impact.”
Baro was one of six Cohort 6 members tapped to join the honorary society Beta Gamma Sigma. The others are Eileen Bowe, Melissa Emley, Jennifer Small, Doug Steele and Brian Sward.