1. Lecture 2 Let’s talk about entrepreneurship

2. I had a dream last night……

3. Guess who appeared in my dream….
Anyone want to guess what he said?

4. You are no longer students. … You are entrepreneurs!

5. So I put on my entrepreneur hat and had a great idea

6. So I put on my entrepreneur hat and had a great idea

7. I like cricket….esp India-SL matches

8. But I don’t know how to play it

9. There must be others like me
There must be others like me. What if I started a chain of schools in SL for girls to learn to play cricket

10. Do you think this is this a good business idea?

11. Do you think this is this a good business idea?
What is the market
- Size?

12. Do you think this is this a good business idea?
What is the market
Size? Determines revenue potential
Growth?

13. Do you think this is this a good business idea?
What is the market
Size? Determines maximimum revenue potential and scale
Growth? Determines long term revenue potential
Market share? Determines near term revenue potential

14. An entrepreneur makes things that LOTS OF people WANT TO USE.
In short…
(Read this ten times)

15. Break Time
Take a 5 minute break.

16. Let’s Talk About Our Problems: Part 1
Count off 1 to 4  Form Groups
In 10 Minutes:
Each person—Pick one idea from your problems list. Try to convince the group to pick your problem to solve by designing a mobile app.
Each group—Discuss and unanimously select one problem to solve.
You will have to get investor funding; select carefully.
HOW PERSUASIVE CAN YOU BE?

17. Let’s Talk About Our Problems: Part 2
Do you know what crowdfunding is?
Setup—Each person in the room has 10,000 Rs.
Team Goal—Crowdfund your idea.
In 15 Minutes—Prepare a 3 min. pitch on why your idea deserves our money.
Winner—Team with the most money
REMEMBER, CREATIVITY WORKS WONDERS

18. Let’s Hear About Your Problems
Before Presentations—Everyone move to last 2 rows
While Presenting—Be loud!
If people can’t hear you, you won’t get any money, so be clear, loud and effective.
After Presenting —1 min for questions
SHOW US WHAT YOU’VE GOT

19. Who gets the money?
Goal—Decide how to invest your 10,000 Rs. to max your return.
Time—5min
How—On a piece of paper
Write how much you will give to each team (anonymously)
Rules—Invest all, unequally
All investees have to all get unequal amounts
Feel free to give zero to any ideas that you think do not have potential to multiply your wealth
You have to invest the full 10,000 Rs.
THINK LIKE AN INVESTOR

20. APPLAUSE to our first entrepreneurs
And the winner is……….
APPLAUSE to our first entrepreneurs

21. Let’s talk about the pitches
Why do you think they won?

22. Entrepreneurship Homework
Complete Session Surveys
Sent via ; fill out today
Select Top Problems
Compiled list sent via this morning
Check off the 25 most compelling
Top problems and names to be shared Friday
Prepare for a Discussion
You are an investor with one lakh Rs. You want to invest in a company
Which one? How do you decide? Create list of criteria for investing.
Be ready to discuss your criteria tomorrow

23. Tomorrow’s Schedule
9am-12pm: Entrepreneurship Session
12pm-1pm: Lunch
1pm onward: Technical Session