Now in its 18th year, the MIT $100K Entrepreneurship Competition has awarded hundreds of thousands of dollars in cash and business startup services to outstanding teams of student entrepreneurs who submitted business plans for new ventures showing significant business potential.

Sean Dalton participated at this special event for business plan teams hosted by Choate, Hall & Stewart LLP in Boston. In addition to handling Q&A, he offers thoughts to entrepreneurs on being honest & smart, thinking long-term and choosing your partners wisely.