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Class 12 – Wrap up. Women’s Entrepreneurial Leadership MGT 191/290 Prof Frey: Frey@gwu.edu. Class 12 – Wrap up. AGENDA: 1. Reflection 2. Speed networking – 20 minutes 3. Balance and EQ, Harvest, MGT & Ops 4. Pitch review. Class 12 - Reflection. This class is about YOU Your ideas
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Class 12 – Wrap up Women’s Entrepreneurial Leadership MGT 191/290 Prof Frey: Frey@gwu.edu
Class 12 – Wrap up • AGENDA: • 1. Reflection • 2. Speed networking – 20 minutes • 3. Balance and EQ, Harvest, MGT & Ops • 4. Pitch review
Class 12 - Reflection • This class is about YOU • Your ideas • Your skills • Your relationships So that you can be Queen of Everything
Executive Summary Concept Value Proposition Value Model Industry/Context Market General Specific Competition Direct/indirect Strategic Differentiation Financial Information Startup Costs Pro Forma Income Statements Balance Sheet Sources of Funding Management Team (incl. advisory board) Operations Milestones Harvest Strategy And…EXECUTIVE SUMMARY Anatomy of a Feasibility Plan
Class 12 – We said “A lot of work” • Major class components: • Class Sessions • Skill Building – (formerly an extra session) • Networking Events • Mentoring Relationships • Individual Entrepreneurial Leadership Strategy
Class 12 – The rewards “My main takeaway has been realizing the importance of surrounding yourself with a community of people with similar motivations. I have always had a excellent support system in terms of family and friends, but the forum of strong women in this class is unlike anything I have experienced before. Because everyone is working on entrepreneurial endeavors, the encouragement, empathy and suggestions mean much more than if they were coming from one of my typical supporters. I am constantly in awe of how bright and motivated all the women in WEL are, and look forward to hearing about everyone’s continued success with their feasibility plans!”
Class 12 – Speed Networking Your peer network, the final step • Cases • Bios • Class Group A, Stay seated, Group B rotate 1 minute A ask questions 1 minute B ask questions SWITCH
Class 12 – Good first questions… Who changed their first question? Who learned something new?
Class 12 – This is part of EQ Adapting based on social cues - Other EQ learnings from readings
Class 12 – Balance Who had trouble getting more than 1 extra hour out of their day? Why? Why is this relevant?
Class 12 – Harvest, Milesone, MGT/Ops Anyone surprised at the level of effort to sell as indicated in the Woodie case? Questions?
Class 12 – Next Steps & Pitch April 16 (7) Alicia, Bethany, Christina, Heather, Kaitlyn, Laura, Evelina April 23 (9) Allison, Catina, Jennifer, Court, Grace, Jameise, Krissy, Maria, Melissa April 30 (5) CHECK YOUR CALENDARS Betsy, Erica, Lindsey, Lisa, Lola
Class 12 – Pitch • The idea • The market served • How it is different/better (competitive advantage) • Implementation and harvest snapshot • More time? Other/special sauce
Class 12 – Key dates • April 9, 16, 30 Presentations • April 30 mentor report due • May 12 feasibility plan due • Want final input on your feas plan? Must have via email by April 20