5over5 is an initiative that was launched by Anthill Magazine in mid 2010 as an off-shoot of its popular 30under30 awards program.
It was developed to encourage and promote game-changing (and often life changing) behaviours by recognising Australian business builders who are over the age of 50 and have started a new business in the past five years.
Nominate yourself or a deserving entrepreneur
Nominations open: Wednesday 1 September 2010
Applications open: Friday 16 September 2010
Applications close: Thursday 30 September 2010
Winners announced: The week beginning 11 October
5over50 is built around a program of self-selection/application. While a third party can ‘nominate’ a worthy entrepreneur, the onus lies on the applicant to complete an online application form, asking the applicant to ‘sell’ his/her entrepreneurial qualities.
To be eligible for the 2010 program, the entrepreneur must be over 50 years of age and must be an Australian citizen at the date of nomination. The entrepreneur must also be new to the ‘rough and tumble’ world of business creation. His or her commercial entity must be less than five years old (since acquiring an ABN) to qualify.
What makes a person entrepreneurial?
An entrepreneur is generally thought of as someone who organises a business venture and assumes the risk for it. However, being entrepreneurial also requires a range of personal traits and qualities:
Marketing/Product Development Flair
‘Out of Square’ Thinking
Skills of Persuasion
Stage 1: Nominations open
This is your chance to self-nominate or nominate another entrepreneur. Simply follow the links below and above, then follow the prompts. You will be asked to insert the name and contact details of the nominee in the fields provided and your own details if you are nominating a third party and wish to be acknowledged.
Stage 2: Applications open [Now open!]
Nominees will be alerted via email (and post if appropriate) that the application stage has opened. This stage requires the nominee/applicant to complete an online survey. The information in this online survey will be used to determine the nominee/applicant’s eligibility and shortlist Finalists.
Stage 3: Judging
Finalists will be contacted should the judging panel require further information. The absence of contact does not necessarily indicate that a nominee/applicant has or has not been selected as a Finalist. Contact also does not necessarily indicate that a nominee/applicant has or has not been selected as a Finalist.
Stage 4: The Winner’s Announcement
Finalists and Winners will be announcement in mid-October 2010, published on the AnthillOnline.com. Five entrepreneurs will be identified (Finalists). The organisers reserve the right to eliminate or add award categories to reflect the quality and background of applications.
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