5 Day Immersion
 Share
The version of the browser you are using is no longer supported. Please upgrade to a supported browser.Dismiss

View only
 
ABCDEFGHIJKLMNOPQRSTUVWXYZAAAB
1
5 Day Immersion outline for Facilitators of Startup Generation Year One
2
First Year Goal: Teams Pitch Viable Startups to Investors
3
Second Year Goal: Startups enter the Market (Production, Sales, Scaling)
4
DayHourActivitiesDeliverablesNotesQuestions
5
11Startup MeetupSpeed Dating FormatMingle, 10 minutes, rotateQuestions: How could schools prepare students better? What do you wish you knew.could do before starting up? How did your company come up with the idea?Sticky notes on posters: ways we can help students. Epiphany moment: Can't predict what you're going to get – need for community of practice support structureGUESTSUse NextReady to monitor participant progress toward certification. Discuss Certification, as the result of mapping your journey to success.
6
2Collaboration GameBOSI – online survey or play card game to determine team member rolesTeam formation – then explain how this is done with students in speed dating format with resumesDebrief Builders on how to work with team members considering; Toxic; Problems; Roles, etc.Resumes (O, S, I); Interview questions (B); team membershipBOSI Card Game, BOSI Role Sheets, BOSI Skillsets
7
3Founder to Fortune Game (ideation – 30 min)Ideation – Problems as Opportunities; Bug JarOptional: Mystery Box (live or assigned)Team idea proposalWhenever needed, take time outs to consider activities from teacher's perspective
8
4LunchContinue idea deliberationIdeas for busines name, logoIdeas and names will evolve (pivot)
9
5Competitors and customersDo initial research on competitors and customer segments (who needs/wants it?)Search skills (21CIF): databases and queriesWhat is your competitive advantage? (Why would customers choose you?)List of competitors and comparison of value propositionsOverview of Year One
10
6BMC IntroductionRefine Value Propositions and Customer SegmentsResearch Customer Segments, research market numbersResearch possible business names (availability)BMC – Value Proposition and Customer Segments – begin identifying; state business nameBusiness Model Canvas (BMC) and competencies used in creating the BMCCan project planning for BMC development and use in Year One be an activity, to aid in tracking progress?
11
21Warmup – Don't Touch Me game (lesson – don't assume too much)Visit with a Founder: Startup StoryNetworking connections: who do you need to know?Initial list of 'partners' to be added through networkingGUEST
12
2Lean Startup MethodologyDemonstrate/discuss Build-Measure-Learn LoopConnect Value Proposition to MVP and begin building MVPArt of asking critical questions--what do we need/want to know about end users' perspective of our MVP?Questions to ask end usersMinimum Viable Product (MVP)
13
3Obtain Customer feedback on MVPElevator PitchMeasure: Customer feedback on MVP and elevator pitchLearn: what to keep, discard, inventElevator Pitch, Insights from feedbackThis activity may wrap around the lunch hour or be completed outside of the session
14
4LunchContinue MVP discussion
15
5Registering your business; type, where, cost.Team report out on business registering result, why that type and that state?Business incorporation planTasks should be delegated; there isn't time for working on everything together.
16
6MVP ImprovementsImprove MVP based B-M-L LoopMVP update report
17
31Production ball - lowering costsHow to look at costs and lower themCalculate costs for BMCBMC: Costs
18
2BMC: ChannelsMarket Strategy: Marketing expert1. MVP improvements for pitch integration; 2. Determine marketing costs for BMC; 3. Marketing StrategyBuilder Assigns tasks: 1. Create Pitch Deck and Practice; 2. Refine Customer Segments; 3. Revenue Streams on BMC, 4. Update Key Activities and Resources on BMC (Builder)BMC: Channels, Customer Segments, Costs, Revenue Streams, Key Activities and ResourcesGUESTSPlay CMO Game if needed
19
3IP Protection - attorney visit: Team readout – BMC thus farIP ProtectionWhat can be allowed for market penetration Teachers always want more on the BMC, we have time to go into it in more depthGUESTS
20
4Lunch
21
5Business valuation and other parts of BMCCalculations - 3 - 5 years outHow VC's calculate business value (with and without revenue)Ways to finance your businessValue of the Team's BusinessTeachers always struggle with the value calculations - may need to spend more time on this
22
6Pitching Shark Tank Pitch AnalysisDevelop pitch deckSlide basicsPitch deck
23
41BMC: Costs and Revenue StreamsCustomer Acquistition CostsLifetime ValueBMC: Costs and Revenue Streams
24
2Art of the AskWhat return is expected by VC's, what is your business worth after that? Basic negotiation skills - Thinking on your feetAnticipated Investor questions and answers
25
3Pitch PracticePractice and revise pitch decksPresentation skills and hintsPractice pitches to evaluate
26
4Lunch
27
5Investor PitchesEach team pitches its idea to guest investors, followed by Q&AIncorporate MVP, elevator pitch, slide deck in the pitchTeam pitchesGUESTS
28
6Pitch feedbackTake-aways from pitch; application of these; how do you get started?Deal with feedback - pivots?Building the business - what comes after the pitchInvestor feedback; team take-awaysGUESTS
29
51Activity and problem based teachingOrientation toward objectives, project-based learning, deliverables (not days)Solving problems with business solutionsTroubleshooting suggestionsTroubleshoot Common Problems
30
2-3Enjoy, Grasp, Own: Learning by playingIntroduce, play and discuss uses for Ventures2Vultures, Founder To Fortune, Sticky Props, Two-week Sprint, CMO Game, STACKSOnline Startup Generation ResourcesGame play performanceOther games and ToolKit resources to be added: Food Truck, Sales Rounds
31
4Lunch
32
5PartnershipsNextREADY - skillset evaluation, deeper diveInformation Fluency - research and evaluationOther Partners
33
6Creating and participating in a community of practiceCollaboration tools to use: Asynchronous Discussion, Web Video Walkthroughs; Live Video Conference (before and/or after significant milestones)No one knows enough, it takes a community (network)Business Network: VCs, Mentors, Classroom presenters, internships, incubators, accelerators,List of local network partners; CertificationBased on NextREADY data
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
Loading...