entrepreneurial management (em 00)

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Management Intro, Basics Suhas Dutta

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Page 1: Entrepreneurial Management (Em 00)

ManagementIntro, Basics

Suhas Dutta

Page 2: Entrepreneurial Management (Em 00)

Course outlineEntrepreneurship 10 hours

Entrepreneurship Development 6 hours

Small Scale Industries 10 hours

Starting a Small Industry 12 hours

Preparing the Business Plan 10 hours

Implementation of the Project and Sickness in SSIs 12 hours

Skill Development• Preparation of a Project report to start a SSI Unit.• Preparing a letter to the concerned authority-seeking license to the SS Unit,

You propose to start.• Format of a business plan.• A Report on the survey of SSI units in the region where college is located.• Chart showing financial assistance available to SSI along with rates of interest.• Chart showing tax concessions to SSI both direct and indirect.• Success stories of Entrepreneurs in the region.

60 hours

2 Content (c) Copyright 3nayan Consulting. All rights reserved, 2014 - 18.

Page 3: Entrepreneurial Management (Em 00)

Course structure

• Track 1 – class roomoThree hours a week

Two hours instruction

One hour discussions, questions, assignment analysis

oAssignments, Two tests.

o 75% minimum attendance stipulated by Bangalore University

• Track 2 - Skill development / project work

o In parallel and not at end

oChoose your project area before next session

oYour course end deliverable is the business plan

•Track 3oWeb forum/ google group. To be used

for: These slides (me), after every session

Assignments (me)

Assignment documents etc. (you)

Some course notes (me)

Pertinent questions / doubts of a public nature (you)

Discussions (you, and I)

3

Page 4: Entrepreneurial Management (Em 00)

Course structure

Content (c) Copyright 3nayan Consulting. All rights reserved, 2014 - 18.4

• Generation • Analysis • Testing on

Key Stakeholders

• Team Composition

• Values • Setting

Expectations

• Segment • Direct

Validation • Competition

• Value Proposition

• Competitive Advantage

• Development Plans

• Pricing • Go to Market • Sales • Marketing

• Financial Statements

• Logical Flow • Scaling • Presentation

Idea People Market ProductBiz

ModelExecuti

onFinance BP

Entrepreneurship 10 hours 5 hours

Entrepreneurship Development 6 hours 3 hours

Small Scale Industries 10 hours 5 hours

Starting a Small Industry 12 hours 6 hours

Preparing the Business Plan 10 hours 5 hours

Implementation of the Project and Sickness in SSIs 12 hours 6 hours

Skill Development.

Page 5: Entrepreneurial Management (Em 00)

“The company” you will start for this course

• Company must be an innovation-based. Company must have a product or service – not a “consulting” company. Need not be high-tech. Some tech is good.

• Use your background, social milieu

• Company may or may not require resources beyond your control (intellectual and financial)

• An economically sustainable & growing business

• Summarized in a Business Plan [can be a longish powerpoint deck]

• Locate potential advisors, and at least one sample buyer

Content (c) Copyright 3nayan Consulting. All rights reserved, 2014 - 18.5

Page 6: Entrepreneurial Management (Em 00)

Some basics

• CommunicationsoEmails : mine is [email protected] group : BMA_EM_2014 – will be used for posting

• Intellectual PropertyoAll submissions consist public disclosureoDiscussions, grading, comments, marking, notes etc on forum will be

openoSubmitted plans / documents /assignments will be freely circulatedoImplicit permission to use material in future classes

6 Content (c) Copyright 3nayan Consulting. All rights reserved, 2014 - 18.

Content (c) Copyright 3nayan Consulting. All rights reserved, 2014 - 18.

Grading (?) Class participation 20% + 5%

Assignments 20% + 5%

Monthly Tests 25%

Forum participation 5%

Business plan 15% + 5%

Page 7: Entrepreneurial Management (Em 00)

AssignmentsAssignment 1Elevator PitchTeam Formation

Assignment 2Executive Summary

Assignment 3Description of Target CustomerValue Proposition

Assignment 4Market Definition

Assignment 5Competitive Advantage

Assignment 6Customer Acquisition Analysis

Assignment 7GTM (Sales, Marketing & Pricing)

Assignment 8Product Section

Assignment 9TBD

7 Content (c) Copyright 3nayan Consulting. All rights reserved, 2014 - 18.

Page 8: Entrepreneurial Management (Em 00)

Readings• Watch Video and take notes on: TEDxTalks. "TEDxVictoria - Dave Morris:

The Way of Improvisation. http://www.youtube.com/watch?v=MUO-pWJ0riQ

• Part 1: innovatus. "The Deep Dive - Part 1 of 3.“ http://www.youtube.com/watch?v=JkHOxyafGpE

• Part 2: innovatus. "The Deep Dive - Part 2 of 3.“http://www.youtube.com/watch?v=pVZ8pmkg1do&feature=relmfu

• Skok, David. "Startup Killer: The Cost of Customer Acquisition." for Entrepreneurs (blog). December 22, 2009. www.forentrepreneurs.com/startup-killer/

• Skok, David. "Building the Machine." for Entrepreneurs (blog). www.forentrepreneurs.com/sales-marketing-machine/building-the-machine/

• Dutta, Suhas. “30 things I learned from my startup experience” http://threenayan.wordpress.com/2014/01/16/30-things-that-i-learned-from-my-startup-experience-all-parts/

Content (c) Copyright 3nayan Consulting. All rights reserved, 2014 - 18.8