Speech contests are a huge part of Toastmasters and can be interesting to watch. While I’ve never competed, I’ve had the pleasure of acting as contest master and chief judge (on separate occasions, of course) and have really enjoyed being a part of them. But the big question about speech contests is whether or not it’s worth all the time and effort.
Like anything, it really depends on your goals. I know people that make thousands of dollars for each speaking engagement they do, yet have never participated in a speaking contest. I also know of people who have won the Toastmasters World Championship of Public Speaking that haven’t been able to leverage their win to create a successful speaking career. But on the flip side, I know people that haven’t participated in contests that have struggled to make a career out of speaking and people that have won contests and have done well for themselves. And of course, there are thousands of us in between.