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ENTREPRENEURSHIP BOOT - CAMP INSTRUCTOR: VISHAL KIRTI DATE: MAR. 27,2016 SESSION 6

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Page 1: Entrepreneurship Boot-camp Session 6

ENTREPRENEURSHIP BOOT-CAMPINSTRUCTOR: VISHAL KIRTI

DATE: MAR. 27,2016

SESSION 6

Page 2: Entrepreneurship Boot-camp Session 6

TIMELINE

• Feb. 21: What is Creativity? What is my Passion?

• Feb. 28: Behavior Traits of a Successful Entrepreneur (Mayor of Livermore- John Marchand, Saratoga

Councilmember- Rishi Kumar)

• Mar. 6: Turning your passion into a business opportunity

• Mar. 13: Steps needed for your startup…1,2,3. GO

• Mar. 20: Financials of the business opportunity

• Mar. 27: Presentation skills, successful pitches (Please sign in)

• Apr. 3: No class. Spring Break

• Apr. 10: Basics of App Design

• Apr. 17: Pitch Practice

• Apr. 24: Pitch your business plan to VCs (12 spots will be available)

• A certificate and award for top 3 groups

• Implementation begins. Mentoring offered in the following weekly sessions

Page 3: Entrepreneurship Boot-camp Session 6

SOME UPDATES

• 3 finalists only- based on Implementation Phase.

• All team members can present. No need to select one speaker

• Pitch Fest mainly for feedback

Page 4: Entrepreneurship Boot-camp Session 6

PARENT COACHES

• Please sign up

Page 5: Entrepreneurship Boot-camp Session 6

PRESENTATION SKILLS, SUCCESSFUL PITCHES

SESSION 6

Page 6: Entrepreneurship Boot-camp Session 6

STUDENTS PLEASE RECAP FOR ME

• Creativity & Passion

• Behavior Traits

• Converting Your Passion Into a Business Plan

• Steps- Incorporate, How To Market, Exit Events

• Financials- Revenue, Cost, Profit

Page 7: Entrepreneurship Boot-camp Session 6

WHY & HOW FOCUS ON PRESENTATION?

• Sized up

• Number 1 fear in America ahead of Death- Public Speaking

• Presentation is a conversation

• Be Yourself

Page 8: Entrepreneurship Boot-camp Session 6

SALIENT POINTS

• Emotional Connection

• You are willing to do anything which is ethical

• Incentive Connection

• Who is your audience?

Page 9: Entrepreneurship Boot-camp Session 6

PITCH CONTEXT

• Customers

• Investors

• Partners/co-founders

Page 10: Entrepreneurship Boot-camp Session 6

CUSTOMER NEEDS

• Features should be needed by customers

• Take feedback

• Pricing should be acceptable

Page 11: Entrepreneurship Boot-camp Session 6

INVESTORS

• Return on investment potential

• Long term growth

• Risk & competition

• Team

• Impact

Page 12: Entrepreneurship Boot-camp Session 6

PARTNERS/CO-FOUNDERS

• Mission and Passion

• Equity and compensation

• Culture

• Impact

Page 13: Entrepreneurship Boot-camp Session 6

LET’S GO OVER THE TEMPLATE

• http://www.slideshare.net/aseth/startup-bootcamp-business-plan-template

Page 14: Entrepreneurship Boot-camp Session 6

CLASS EXERCISE

• Present aspects of your business plan

Page 15: Entrepreneurship Boot-camp Session 6

HOMEWORK

• Finish the Pitch Slides (Business Plan)

• Template: http://www.slideshare.net/aseth/startup-bootcamp-business-plan-template

• Enter Your Ideas Into: http://tinyurl.com/EnterYourIdea

• Parent Coaches/Mentors- Sign up on the sheet