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What does preparation look like?

Be here on time and alert!

Communicate if you have a problem / question

Raise hand on Zoom

Zoom camera on

Notepad out

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What does preparation look like?

Be here on time and alert!

Communicate if you have a problem / question

Raise hand on Zoom

Zoom camera on

Notepad out

# data[].attributes.body
What does preparation look like?

Be here on time and alert!

Communicate if you have a problem / question

Raise hand on Zoom

Zoom camera on

Notepad out

# data[].attributes.body
What does preparation look like?

Be here on time and alert!

Communicate if you have a problem / question

Raise hand on Zoom

Zoom camera on

Notepad out

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Introductions
Ice Breaker

Course Goals and Curriculum
What is an Entrepreneur?

Project Theme
Example Projects

Feedback and Logistics

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What are your hobbies?

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Strive for excellence

Treat everyone with respect and equality

Think big

Embrace teamwork

Act with integrity

Lead by example

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Goals of this Course -LUD To develop the tools and confidence to BE CREATIVE,BE VISIONARY,AND HAVE FUN while developing a business idea!

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Goals of this Course -LUD To develop the tools and confidence to BE CREATIVE,BE VISIONARY,AND HAVE FUN while developing a business idea!

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LEARN

How to identify important problems to solve

How to research about markets and customers

How to work and negotiate effectively in teams

How to go from ideas to development to testing

UNDERSTAND

Why Entrepreneurship is AWESOME

What people/consumers need and value

Why it’s important to  take risks

DEVELOP

An effective presentation

A business plan

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What is your definition?

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The act of organizing, managing, and assuming the risks of starting a business

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Click on the link to use the G- form

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Be here on time and alert!

Communicate if you have a problem / question

Zoom camera on

Notepad out

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What do entrepreneurs need to consider when starting a business?

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Where does it start?
Where does it end?

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What problems do these businesses solve?

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There was a spark that led us to turn that unique idea into an actual first step. The why is what made us get started. A why can be about changing the world.

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Activity: Type in the chat some examples of why you would start a business!

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1. Join Assigned Breakout Room

2. Scribe: Second Oldest Member of the Group!

3. 5 minutes to come up with ideas for businesses for your breakout room’s sticky note!

4. Come back ready to share :)

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This is what you need to do to start your project:
Vote on  theme

Come up with 5 of your own reasons WHY you want to be an entrepreneur

Write down 3 possible issues related to the theme that a business idea could be used
Research previous presentations and ideas -write down details that you want to remember when you make your presentations

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What is ideation any ideas?

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Ideation Workshop | How to come up with creative ideas in 20 min

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To think freely and come up with ideas without being limited by questions such as “is this a good or bad idea?”

* A (group) technique for creative problem-solving-

Effective Group Brainstorming

1. Look for the next right answer

2. Look from multiple viewpoints

3. Set aside all judgements

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Free form

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Quantity over quality (does not always need to be realistic!)

At least 1 I/M/P: in a group of 4 instructors in 5 minutes, we will have 20 ideas in just 5 minutes!

Two strategies:

Write without stopping to think!

Make a tree that connects each idea

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Assumed Constraints:
Is anything holding you back?

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GOALS

Research and create basics of creating a company

Business model fundamentals

Work in close teams

Experiment!

Have fun and learn!

Learn how to present to a panel of experienced judges

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1. Individually come up with at least 10 environmental problems for your group project. Write them down. Be creative and also realistic.

1. Be creative with how you find these problems – observe people, ask friends, and more!

1. Choose 5 of your best problems to bring to group discussion tomorrow.

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Selling Your Business:  (5-7 min. presentations + 5 min. Q+A)

PART 1:  THE IDEA

Introduce an unmet customer need or a problem that is being solved

Describe how no one else is doing what you’re doing and why you are unique in this area

Deliver your company mission, vision and story

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Describe target customer, detailing customer needs and initial beachhead market

Present your business model

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PART 3:  THE MARKET LAUNCH

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Within your groups, find as many things as you can that you have in common with each other

It can be number of pets, favorite colors, foods, favorite subjects, hobbies, etc.

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1. Use themed problems to solve

2. Meet with your group and brainstorm together. Build upon each others ideas for problems! [5 minutes]

3. Select up to 5 problems as a group [5 minutes]

1. Brainstorm potential solutions for these problems

[10 minutes]

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5 themed problems
Lots of ideas for solutions (quantity over quality)

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4 simple ways to have a great idea | Richard St. John

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Is it better than the alternatives?

Any competition? How big are your competitors?

COST to produce

Would you find business partners?

How do you make profit?

Would it be accepted in a market? (there are many kinds of markets)

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You just like it.

It’s your WHY

You’re excited about it

Will making it happen be fun to you?

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12 Mistakes I Made My First Year as an Entrepreneur

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Is the timing right?

Is it ethical and inclusive (does it not harm certain societies)?

Any policy barriers / restrictions (government, country, law)?

Other barriers (weather, language, acceptance in society)

Any intellectual property barriers?

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Let’s narrow down your ideas – work time!

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Let’s narrow down your ideas – work time!

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Use the strategies we discussed today to down-select to one final idea

Come up with a company/team/project name

You can continue to think about ideas after class, but be ready for tomorrow!

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Have one teammate share your team’s final idea to the class in 1 minute.

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1. As a team, choose your final project idea (if you did not finish in class)

2. Write down 2-3 sentences describing each of the following

1. The Environmental Problem

2. The Solution

3. Why it would be successful