Impact Apprentice

Posted by Techvibes NewsDesk

impact

This past week saw 32 of Canada's brightest students participate in Impact Apprentice in Toronto. 

Impact Apprentice, created with Donald Trump's popular Apprentice in mind, is a hands-on competition in which Canada’s top post-secondary level students compete in various real-life business challenges allowing them to demonstrate their entrepreneurship strength by applying their leadership, teamwork, management and marketing abilities.

During the introductory sessions on Monday I caught up with Impact Apprentice sponsor Ray Cao of Toronto-based e-commerce start-up Loose Button.  We talked about Loose Button and also how he came to become involved in this year's competition.

Tell me a little bit about Loose Button.

Loose Button is an online retail platform that brings established brands of international clothing to consumers who cannot easily get access to them. We believe that if you love something from London, Paris, or Tokyo, you don't need to travel half way around the world to purchase it.

As consumers, we always want what we can't have. Living in North America, we want want is available in Asia or in Europe. The same mindset applies if you're in Asia or in Europe.

How did you first become involved with Impact?

I first learned about Impact through a classmate at the University of Waterloo. At the time, Impact was a one-day conference organized by some very ambitious leaders on campus. My role evolved into running the National Conference and was eventually the president of the organization.

What lessons did you take away from Impact that has helped you in your journey as an entrepreneur?

Impact was my entrepreneurship playground. I ran the organization as if it was my own company. Impact also taught me the importance of surrounding yourself with amazing talent. My business partner is someone who I met through Impact. Some of my closest friends, mentors and clients have come from Impact.

Above all things, I lost my fear in starting a company. Having the confidence to turn your ideas into a reality is an incredibly powerful mindset to have.   

Were you ever involved with Impact Apprentice?  

I was never involved with the Apprentice as a contestant. I have, however, been actively involved in the strategic direction of the program over the last few years.

Why is Loose Button a sponsor of Impact Apprentice?

We are a sponsor of the Impact Apprentice because we are major supporters of programs and organizations that bring together top talent. The Impact Apprentice is one of the most prestigious initiatives in North America for young people and the calibre of contestants are second to none.

For more information on the competition and the talented students please visit the Impact Apprentice website.

Company:
Impact Entrepreneurship Group
Website:
http://www.impact.org
Location:
Waterloo, Ontario, Canada

Impact's goal is to create the next generation of entrepreneurs and help young entrepreneurs realize their true potential. Impact connects people, knowledge and ideas, recognizing success and providing inspiration to leaders at every stage of their development. The Impact Entrepreneurship Group is Canada's largest non-profit, student-run organization dedicated to encouraging the entrepreneurial spirit amongst... more

Company:
Loose Button
Website:
http://www.loosebutton.com
Location:
Toronto, Ontario, Canada

Loose Button is a company that connects its members with luxury brands. Every season, Loose Button members receive a Luxe Box filled with 7-8 beauty and lifestyle products for them to try, allowing them to discover new brands and products that they may have never experienced before. more


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Techvibes NewsDesk

Techvibes NewsDesk

Techvibes is Canada's leading technology media property.Founded in 2002, Techvibes covers technology and business news that impacts Canadians. We combine breaking local news with international coverage to deliver a unique balance of insight and information. The Techvibes Newsdesk covers a broad beat and publishes general news stories. If you have a story you would like covered, email... more



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