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FileNerds, unfortunately did not make it past the semi-finals of the business plan competition.  The three of has honestly thought that we would have made it to at least the finals; a pretty big sucker-punch to our egos.  

What was really upsetting about the whole ordeal was that it is very apparent that the people that live and invest in Oklahoma really do not know how to think outside of the box.  The only teams that moved on to the final round of competition were the people that had plans revolving around oil or medicine.  Oklahoma has so much potential because it is right in the middle of the United States, land is cheap, and the weather isn’t too brutal (depending on who you ask).  

What is going to happen to Oklahoma when people move away from using oil, and what is going to happen when Obama decides to nationalize health care?  The already wealthy oil tycoons will stay rich and the retired doctors will continue to play golf in exotic places, but it is inevitable that the doctors will not make nearly as much money as they are right now in order for things to really change.  

I am getting away from my point, which is that we want FileNerds to grow and succeed in Oklahoma.  We don’t want to have to take our idea to other places.  We shouldn’t have to run to the east or west coast to find funding for this type of project.  We want to be apart of the sustainable growth for Oklahoma and prove that there is much more to this state than oil and football.  

The outcome of the competition is a minor setback for us, but we will find other ways to get our business of the ground and join the minority of web based start up companies from Oklahoma.

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Step 1: Make it into the oral part of the i2e.org business competition. Check! 

FileNerds has officially been accepted in both the general competition which competes for a $25,000 first prize as well as being able to compete for the innovation award for $50,000, which goes to people that are actually looking at starting their business.  

The feeling of getting the “Congratulations” email was incredible.  It is just amazing that we get to compete on a state level for something that we truely believe in.  There aren’t many organizations that give companies, that are outside the oil industry in Oklahoma, even a chance to thrive so there are big thanks to everyone at I2E.

By the March 30th deadline we will be submitting 12 additional copies of our business plan along with our presentation.  There were some great comments that the judges left us on our original plan, so it looks like we have our work cut our for us this week.  Wish us luck and we will be sure to keep you updated!