Admissions: No Charge - Cash bar/food
(Patronage of Host Restaurant Encouraged -
they will have some Happy Hour Specials)
Reservations/Invitations: No Reservations Necessary
You are welcome to come to the Workshop and/or the Happy Hour.
Invitations also extended to partnering Business School Clubs and
other area entrepreneurship groups
if you would like to present a venture for discussion at this
or a future event
Event Description:
From 4:00 - 6:00 PM presenters will give thumbnail descriptions (of up to 10 minutes) of ventures that they are conceiving or developing - and there will be discussion of key elements by the group.
The presentations and discussions will center on:
1. the elements of a business model (as referred to by Clayton Christensen in The Innovator's Prescription):
- the value proposition;
- the resources necessary;
- the processes to make the venture function;
- the profit formula; and
2. the key elements that an investor should consider when reviewing a business plan according to Bill Sahlman:
- the people;
- the opportunity;
- the context;
- the risk and reward.
We hope to evoke useful questions and ideas from all present.
Presenters will include:
Patrick Brannelly of NeoCorta, a brain fitness website venture;
Dan Ye of Sinautec, a company with a rechargeable electric city bus system;
Kevin Furnary of LEEP, a recycling venture with energy and plastics innovations
Background:
The Entrepreneurship RoundTable has just had a presentation series on innovative strategies.
In the three disciplines covered, Disruptive Innovation, Blue Ocean Strategy, and The Momentum Effect the emphasis is on new ways of doing things and new customers:
According to road maps presented in these research-based approaches, it is not necessary for entrepreneurs to do business as usual. The thought patterns developed by Professors Christensen, Kim and Larreche are reassuring to people who are interested in innovation. They make it possible to develop innovative new ventures in the context of recognizable concepts, stages of development and objectives.
In a Classic Harvard Business Review article entitled How to Write a Great Business Plan Bill Sahlman describes "four interdependent factors critical to any business" that the entrepreneurs and investors sould bear in mind, namely:
" The People. The men and women starting and running the venture, as well as the outside parties providing key services or important resources for it, such as its lawyers, accountants, and suppliers.
The Opportunity. A profile of the business itself - what it will sell and to whom, whether the business can grow and how fast, whats its economics are, who and what stands in the way of success.
The Context. The big picture - the regulatory environment, interest rates, demographic trends, inflation, and the like - basically, factors that inevitably change but cannot be controlled by the entrepreneur.
Risk and Reward. An assessment of everything that can go wrong and right, and a discussion of how the entrepreneurial team can respond."
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NEW WEBSITE DEVELOPMENTS:
You can find a number of things newly posted to this website - The listing on the Entrepreneurship tab:
Suggested Discussion Topics
Best Practices Project - Innovation Strategy for Entrepreneures - Wiki
Webinar Presentations for National University Start-up Competition in 2009:
Entrepreneurship and Business Plans
Disruptive Innovation
Blue Ocean Strategy
Entrepreneurship Advice:
Two by Brandt
Useful Views and Sequences
Kawasaki's Rules
Emotional Intelligence, Primal Leadership
Presentation Materials are Available in the Past Events Section of this Website for the Following Events of the Entrepreneurship RoundTable:
The Momentum Effect – Jan 21st, 2010
Blue Ocean Strategy – Nov 19th, 2009
Disruptive Innovation – Sep 17th, 2009
15 Global Challenges – May 14th, 2009
NAFTA – Apr 14th, 2009
FISH – Mar 18th, 2009
Mobilization/HR Overview – May 20th, 2008
Maglev 2000 – Apr 22nd, 2008
Term Sheets – Mar 31st, 2008
Futurists Panel – Nov 7th, 2007
