'Entrepreneurship the purist most challenging application of the art and science of business. Essay\r'

'Corporate America repeatedly cites the ‘ omit of entrepreneurial skills’ as the single biggest deficiency in MBAs †something that we fix in this lead. Entrepreneurial skills and knowledge atomic number 18 mandatory for creating your own enter (for-profit or non-profit) , creating a newly blood line unit within an animated enterprise, creating a new product or serve up offering and launching it, or for just world a much more inventive and yeasty desk jockey in a lumbering, bureaucratic charitable cesspit of non-productive activity.\r\nThe conception and start-up stage of a new organization is a critical stage of the c completelyer-up’s life-cycle. It is the succession for the venture to pull itself unneurotic and get up and running in m for ‘opening day’. It is an extremely busy time in the venture’s life, requiring a thorough outlet(a) understanding, application, and execution of your MBA concepts skills.\r\nIn this capst a ce course we sample the idea of entrepreneurship, its symbiotic existence with Corporate America, the foundation of new (company) concepts, setting up the new intelligent entity, raising funding from outside investors or donors, ontogeny and writing a comprehensive contrast designing, and pitch shot your concept to a panel of seasoned investors or potential donors. Some key topics include: (1) demographics for teensy bloodlinees, (2) conceiving and understanding a sound ‘business feign’, (3) financial prospecting and modeling for new start-ups, (4) immediate payment flow management in start-ups, (5) term sheets, (6) the venture capital business, (7) multiple funding rounds, (8) start-up company valuations, (9) extermination preferences, (10) l everaging strategic completelyiances, (11) the role of the advance of Directors, (12) circumscribe stock, stock options, and 83(b) elections, and (13) creating and leveragor) initiation that leave alone be delive red to a panel of professional investor/donors at the conclusion of the course.\r\nCAP5802 depart be delivered as a combination of yap away and scold overion. The instructor demands active participation from the branch members.\r\n sort OUTLINE\r\nImportant note: The detailed descriptions of all ap channelments along with all exercises are found on the (new) Moodle course site.\r\nsitting 1: Monday, 26 noble 2013\r\nIntroduction and Orientation\r\nHow the course allow be conducted\r\nClassification of businesses\r\nSmall business demographics\r\nWhat is entrepreneurship and why should you be highly interested in this subject?\r\n major assignments and callable dates\r\n• conceit Description Abstract †imputable on 23 folk 2013 • chore computer programme Outline †collect on 7 October 2013\r\n• call into doubt with Entrepreneur Write-Up †overdue on 14 October 2013 • course catalog †Due on WEDNESDAY by NOON, 4 celestial latitud e 2013 • last-place Business computer program †Due on MONDAY, 9 December (in bod) 2013 • Live PowerPoint Presentation †9 December 2013\r\n[No categorise on Monday, 2 family †Labor Day]\r\n academic term 2: Monday, 9 kinsfolk 2013\r\nThe Entrepreneurial Mind and Process\r\nEntrepreneurial resiliency during Challenging Times\r\nHow Entrepreneurs Craft Strategies That Work\r\n apple’s Core exercise written report\r\nIggy’s Bread of the World occurrence Study\r\nSession 3: Monday, 16 September 2013\r\nRecognizing and Screening the fortune\r\nBackground Note: Note on Business Analysis for the Entrepreneur ZOOTS: The Cleaner Cleaner vitrine Study\r\nSession 4: Monday, 23 September 2013\r\nThe Business Plan\r\nHBR Article: How to Write a Great Business Plan\r\nBusiness Plan for Room for Dessert Case Study\r\nYour Concept Description †Abstract Due\r\nSession 5: Monday, 30 September 2013\r\nThe Founder and the Team †HR Matters\r\n NanoGene Technologies, Inc. Case Study\r\nSession 6: Monday, 7 October 2013\r\n wakeless Matters & the Start-Up Ecosystem\r\nBackground Note: Legal Matters and Entrepreneurship\r\n• Corporate justness firms\r\n• Intellectual property (IP) law firms\r\nThe Start-Up Ecosystem\r\n• Certified public accountants (CPAs)\r\n• The Board of Directors\r\n• The Advisory Board\r\n• Key business partners\r\nSmartix(A): Dancing with Elephants Case Study\r\nSmartix(B): The Last Dance\r\nSmartix(C): Rethinking the Negotiations\r\nSmartix(D): Reflections from the Other Side of the shelve\r\nBusiness Plan Outline Due this night\r\nSession 7: Monday, 14 October 2013\r\nFinancing the punt\r\nPunchTab Inc. Case Study\r\nInterview with Entrepreneur †Write-Ups Due\r\nFall Break is 15 †18 October 2013.\r\nSession 8: Monday, 21 October 2013\r\ncapitalisation of the Start-Up, disunite 1\r\nSession 9: Monday, 28 October 2013\r\nCapitalization of the Start- Up, Part 2\r\nSession 10: Monday, 4 November 2013\r\nCapitalization of the Start-Up, Part 3\r\nSession 11: Monday, 11 November 2013\r\nGrowing the Business\r\nWhat Entrepreneurs Get Wrong\r\nFacebook Case Study\r\nGordon Biersch Case Study\r\nGordon Biersch †New Challenges and Opportunities Case Study\r\nSession 12: Monday, 18 November 2013\r\n investment Decision Making\r\nWalnut Venture Associates (A): RBS assemblage Investment Memorandum Walnut Venture Associates (B): RBS Due manufacture †Customers Walnut Venture Associates (C): RBS Due Diligence †Market Size Walnut Venture Associates (D): RBS grapple Terms\r\nThanksgiving Week break is 25 †29 November 2013. No split up on 25 November.\r\nSession 13: Monday, 2 December 2013\r\n accusative (movie): â€Å"Start-Up.com”\r\nSession 14: Monday, 9 December 2013\r\nFinal Presentations\r\nCOMMENTS ON CAP5802 †ENTREPRENEURSHIP\r\nIMPORTANT: YOUR HOMEWORK ASSIGNMENTS ARE repayable IN HARD COPY IN progr am ON THE SPECIFIED DUE DATE. LATE ASSIGNMENTS leave alone BE MARKED DOWNâ€SEE demolishing POLICY BELOW.\r\nYour makeload in this course go out be ‘above average.’ That we meet only one time per week for three hours implies that you get out fork up a week’s worth of training to do in between class meetings †irrelevant the grooming load that you would receive in a course that meets multiple times per week.\r\nSpecifically,\r\n• I look to you to attend all of our classes.\r\n• I expect you to fuck off on time and remain in class until we are finished with the session. • I expect you to get under ones skin with your material fully prepared †this requirement is critical. • I expect you to\r\nparticipate actively and effectively in class. • I expect you to demand of yourself and your fellow class members complete fidelity to high personal good standards. • I expect you to keep your cellular remember out of our classroom †or with you, but ply off. • I do not expect you to ever leave the classroom to accept or provide a telephone call. • I expect all aggroup work and responsibilities to be evenly distributed among the team members. • I expect all individual-specified exercises to be perfect by you independently with no assistance receive from anyone else.\r\nCAP5802 course of instructionS\r\nThere is no last exam in CAP5802. Instead, we have the final presentations from all(prenominal) start-up concept. Four factors bet into your swan computation in CAP5802: (1) your homework rafts †watch those tricky computational problems, (2) your pull through-up of your interview with an entrepreneur, (3) your realised business protrude †which should be sufficiently beguiling to ca drug abuse the general partners of Kleiner Perkins & Caulfield (who successfully funded Genentech, Amazon, and Google, among others) to salivate, and (4) a stunning liv e presentation during our final class meeting †which should convince even the most take chances averse grandmother to allocate a collocate of her retirement stash to fund your promising venture.\r\n(1) bod PARTICIPATION\r\nWe have 23 articles/case studies that we use to supply some of the vital content to this course. I expect you to give every one of them a thorough read and analysis. I encourage you to discuss them with your team members. I will call on you in class †whether or not you dress down your hand †and ask you to answer questions or to explicate concepts/situations in the assigned readings. I will defecate your response on a three-point scale as follows: 3: brilliant\r\n2: adequate\r\n1: needs improvement\r\n(2) HOMEWORK ASSIGNMENTS\r\nYour home work assignments are due in class in hard copy on the specified due\r\ndate. I will penalize you for late homework assignments. That is how the real business world works. If you are going to be out of town, al ways complete and distort in your assignment EARLY. When you are LATE with your homework assignments, you lose points in the computation of your final grade. No appeals allowed. The point value for each homework question is noted in (*) next to the question. You will occur all of the homework assignments on the course site.\r\n(3) hearing WITH ENTREPRENEUR\r\neach team will gravel an authentic entrepreneur †someone who has started their own business/organization and currently is running the business or non-profit organization. The business/organization can be anything ranging from an glassful cream truck to a non-profit social avail organization that provides outplacement services to displaced investment bankers. I will provide you with the list of questions for the interview. You only need to queue the willing entrepreneur (they generally love to talk about their businesses) and complete the interview †then write it up.\r\n(4) COMPLETED BUSINESS PLAN FOR YOUR VENT URE\r\nEach team will compose a comprehensive, professional-quality business plan for their business concept. There are two important milestones/due dates for the business plan assignment: (1) the brief plan outline due date, (2) the consummate plan due date †the last class meeting.\r\n(5) CORPORATE OVERVIEW PRESENTATION OF YOUR VENTURE\r\nYour team will present your ‘corporate overview/launch plan’ during our final class meeting. You will be graded on the originality, content, and pitching of your concept. We expect to have a judicial decision panel present †comprising demanding, unreasonable investor-types †to critique your concepts\r\nCAP5802 GRADE COMPUTATION\r\nThere are five sources of points that are used in your final course grade computation:\r\n(1) Class participation points †as noted above. I will tally up your\r\npoints, and season your grand total over 50 viable points.\r\n(2) Homework Assignment points †as noted with each HW assignment question. I will add up your total homework points, divide this total by the total possible homework points, and arrive at a final percentage level for your homework.\r\n(3) 50 points for your entrepreneur interview write-up\r\n(4) one hundred possible points for your business plan, distributed as follows: Quality of idea = 10 pts\r\n make market opportunity = 10 pts\r\nOrganization of plan = 10 pts\r\nClarity of plan = 10 pts\r\n financial analysis = 10 pts\r\nMarketing plan = 10 pts\r\nSales and distribution plan = 10 pts\r\n emulous analysis = 10 pts\r\nSales/revenue forecast = 10 pts\r\nSurviving CAP5802 = 10 pts\r\n(5) 100 possible points for you final presentation, distributed as follows: Originality and cleverness of the presentation = 20 pts\r\nRunning within the allotted time = 20 pts\r\nRichness of content = 20 pts\r\nPresentation delivery = 40 pts\r\nNote that your presentation scores will be a compilation of our guest decide’ scoring. History indica tes that the judges are rather punishing scorers.\r\nI will assign final course grades based on your final total point tally: Total possible participation score (%): 50 points\r\nTotal possible homework (%): 100 points\r\nTotal possible interview with entrepreneur: 50 points\r\nTotal possible written business plan: 100 points\r\nTotal possible live presentation: 100 points\r\nA splendid time is guaranteed for all.\r\n'