Everyone (including COO) posts personal reflection in your group forums, and COO comments before debriefing.
Please reflect what did you learn during the last two weeks, what was new for you, how was the team formation process, critical thinking assessment, entrepreneurship game? How do you feel about the course now? Also, you should say how your routines execution is going? Do you manage to steadily execute routines or do you encounter challenges? and if you do, explain why? If you have challenges - do you have a plan on how to get back on execution?
To be completed before class: watch intro video (click title link)
The assignment related to marketing:
Before Tuesday 18.02 provide us with the plan how you will create your market (related to the session that you had on Thursday 6.02). In the plan we have to be able to see that you understand eco-system, potential partners/ stakeholders, cultural aspect of the market there you will start from. You should create a roadmap of steps you would take to integrate (or disrupt) the market. Assignment will be for grading.
By Tuesday 18.02 provide us with the plan of how you will create your market (in the context of marketing session 6.02.20). In the plan, show us that you understand eco-system, potential partners/ stakeholders, cultural aspect of the market there you will start from. You should create a roadmap of steps you would take to integrate (or disrupt) the market. The assignment will be for grading. The format you choose by yourself.
We are expecting you to have clear idea of your problem, customers/users, some idea of solution and market size. It is a bonus if you already have some idea of your ways of reaching people and business model. The pitch should be standalone presentation, so that our external guests are able to understand it without prior knowledge your project.
Tuomas' slides and instructions for assignments here
The Financing part will consist of 2 session with Tuomas Maisala, who is a startup advisor focusing on helping startups get early financing.
To be completed after class
Detailed Instructions in the lecture slides.
1. Estimate rough amount of funding that you will need to reach profitability
2. Sketch your funding plan
3. Decide what funding you are raising NOW
Prepare to negotiate for this selected funding in a simulated business meeting on Mar 19th. You should assume that the party you are negotiating with has seen your last pitch deck so do not (just) duplicate that content.
Instead of workshop about designing your life, I decided
that it would be more beneficial for you if you will do individual assignments
related to your personal development. I’m sending 2 files – slides, describing the
assignments (pdf) and pp. that you suppose to fill with the results. Please,
send me back the file with results of 3 assignments, described in the slides.
In the slides you will find more assignments – they are only for you and you
don’t need to send them to me. But, they are included because they support the
The final pitch is part of your exam so the whole team must be present!
We are expecting you to have a clear idea of your problem, customers/users (early adopters), the idea of the solution, market size, business model, scalability of your venture, competitors, eco-system, team, team name, slogan, some idea of your ways of reaching people, if you have traction – traction (means someone (not your friends or relatives) validated your product or business model: sign ups, questions, inquiries from external people). As we started the course with SDGs, the pitch should show how you plan to make a social impact. The pitch should be standalone presentation, so that our external guests are able to understand it without prior knowledge of your project. It’s obvious, but just in case – no reading from the paper is allowed. To create a perfect pitch you might prepare additional slides after the pitch to have elaborated answers to the questions (usually, it’s an elaborated financials, startup road map).