Junior Achievement 50th Anniversary K-12 Student Essay Contest Winners | Samantha's Essay

Author: JA of Lincoln
Community Involvement
Published: Wednesday, 02 Jun 2021

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Congratulations to 10th grade Lincoln Southwest High School student, Samantha Evans, on being selected as our Junior Achievement 50th Anniversary K-12 Student Essay Contest high school winner! XXX will receive a $100 cash prize. We were hooked by Samantha’s opening sentence featuring the quote, “A big business starts small” and were amazed by the points she made about why Lincoln is the best place to start a business!

Read Samantha's essay below!

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Small Town with Big Opportunities

As Richard Branson once said, “A big business starts small.” Lincoln, Nebraska is the perfect place for any entrepreneur to find their small start or bolster their every growing business. Lincoln is a thriving city for small businesses and entrepreneurship with the growing economy, expansion of growing businesses already in the making, and endless opportunity. Lincoln being sixth in the nation for the best business climate, it is crystal clear Lincoln is the best community to grow and build a business.

The growing economy is one of the most important factors in starting and lengthening a business as entrepreneurs can thrive in the new and enlarged opportunities. Businesses will begin seeing more profit with economic growth in Lincoln. A result in stock prices will rise giving these new companies more money to invest along with more employees to support their business. This fortuity gives any entrepreneur the opportunity to expand and start their own business in an environment that ensures and encourages growth and success that would not be as probable anywhere else.

The expansion of growing businesses both shows the success Lincoln, Nebraska entrepreneurs have already had, but also the degree in which competition will increase. The increase in competition will better the market for new entrepreneurship as supply increases with more sellers in the market. Not only will entrepreneurs be able to successfully supply more, but in the economy there will also be an increase in consumer income due to the expanding economy leading to more demand for products. The increase of both supply and demand is incredible for any new business as more opportunities are created as profits surge without the complication of shortage in the market. A business that has been grown due to the factors of increased supply and demand is Runza, a locally owned business with huge success in the Lincoln market. Runza made 60.0 million in revenue and has continued to grow, which shows the success entrepreneurs have already had in the Lincoln economy and how successful a new business could be.

Lincoln, Nebraska is a breeding ground for endless opportunities for new and growing businesses as Lincoln is still expanding. The expansion of the city leaves many opportunities for new businesses as entrepreneurs can take advantage of the new infrastructure along with occasions in which businesses can expand their reach and influence on the market. Overall, Lincoln provides the best opportunity to acquire these new opportunities as it is rapidly expanding truly allowing for endless ventures for businesses.

In conclusion, Lincoln is the best community to grow and expand a business as the city is building and creating new opportunities for entrepreneurs along with competition already in the market that will increase the demand and supply for these new services and goods. The enlarged economy will also greatly benefit new and growing businesses as there are many benefits to the growth in the economy. All in all, Lincoln is truly the best and most optimal community for any amazing startup business.