It took some coaxing to convince him. jacob king This is to participate in the third business plan competition. The annual event hosted by the Kennedy Pharmacy Innovation Center provides learning opportunities for future pharmacy entrepreneurs to plan to purchase an existing independent community pharmacy or develop a new one. .
King needed a nudge from his teammates. Faye Hussein KPIC Program Coordinator Pamela Hite will be joining us again.
“They knew I had competed in the previous two business plan competitions and encouraged me to compete again in hopes of taking home first place this year,” King said.
This is Hussain's third time participating in the tournament.
“I enjoy challenging myself to figure out how to start a business,” she says. “This competition challenges you to combine creativity, logic, and business skills to create a viable new business plan. It's fun to prepare to one day own your own pharmacy.”
This push began with King, Hussein, and Charlie Steverson I won first place in this year's contest.
When I started pharmacy school, I didn't have the confidence to run a business. Three years, three business plans later, and one success plan later, I'm excited and ready for a future in community pharmacy.
The team created the “Blue Ridge Apothecary.” The team built on Mr. King and Mr. Hussein's plans from the previous year, learned from their experience in previous competitions, and Mr. Stevelson's expertise in formulation and innovation, while also reflecting on how the pharmacy's mission and vision would translate to them as practitioners. We focused on making sure we matched what we wanted to be seen.
“We wanted to ensure that we put our patients and their needs at the forefront while working behind the scenes to keep profit margins and pay competitive for all of our employees,” King said. says.
Hussain believes that no part of the pharmacy curriculum challenges students' abilities, business and innovation skills as much as this competition.
“When I entered pharmacy school, I didn't have the confidence to run a pharmacy business,” she says. “Three years, three business plans and one successful plan later, I am excited and feel more prepared for my future in community pharmacy.”
KPIC Executive Director Patti Fabel thanks leaders Michael Scruggs2015 and Kyle McHugh1995 and Judge Dean CressDarla Moore School of Business; Jarrod Tippins2009 and michael gleaton,2009.
Each student received a $1,500 KPIC scholarship as a member of the winning team.
“Blue Ridge Apothecary” will represent the College of Pharmacy in the Good Neighbor Pharmacy NCPA Pruitt-Schutte Student Business Plan Competition, established by the National Association of Community Pharmacists and the NCPA Foundation.
Topics: Doctor of Pharmacy Program, Kennedy Pharmacy Innovation Center, Business Education
