Goldman Sachs’ Entrepreneur Training Program Bears Little Fruit

By Carol Tice • edited by Dan Bova • Oct 04, 2010

Opinions expressed by Entrepreneur contributors are their own.

$200 million in free college training courses 10,000 Small Businesses widely derided got their diplomas Initiative for a Competitive Inner City 10,000 Small Businesses graduate Sharon Sinaswee worked for ten years in the plumbing industry before founding Armada Building Services, a building maintenance and janitorial services company based in Manhattan, in 2006. She applied to 10,000 Small Businesses to learn how to position her quickly expanding company. Acting on advice she received during one of the program’s clinics, Sharon recently established a pool of handymen who can be on call for short-notice jobs. She also hired two new staff and secured a substantial contract with Queens Hospital Center, the first government contract for her rapidly growing business.

She said: “Before I started the program, I was working hard, but I didn’t know where I was going. Now I have a vision and a plan for growing my revenue and hiring new employees.” $20 million of the funding
$200 million in free college training courses 10,000 Small Businesses widely derided got their diplomas Initiative for a Competitive Inner City 10,000 Small Businesses graduate Sharon Sinaswee worked for ten years in the plumbing industry before founding Armada Building Services, a building maintenance and janitorial services company based in Manhattan, in 2006. She applied to 10,000 Small Businesses to learn how to position her quickly expanding company. Acting on advice she received during one of the program’s clinics, Sharon recently established a pool of handymen who can be on call for short-notice jobs. She also hired two new staff and secured a substantial contract with Queens Hospital Center, the first government contract for her rapidly growing business.

She said: “Before I started the program, I was working hard, but I didn’t know where I was going. Now I have a vision and a plan for growing my revenue and hiring new employees.” $20 million of the funding

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Carol Tice

Owner of Make a Living Writing
Longtime Seattle business writer Carol Tice has written for Entrepreneur, Forbes, Delta Sky and many more. She writes the award-winning Make a Living Writing blog. Her new ebook for Oberlo is Crowdfunding for Entrepreneurs.

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