1. (Insert team name) (insert your names) Homework worksheets ONE EMAIL PER TEAM Send this powerpoint to india- bms-summer-2013@mit.edu by Tuesday, June 25 @ 9amindia- bms-summer-2013@mit.edu

2. Mission Statement Insert here

3. Elevator Pitch Insert here

4. Work Breakdown Structure Insert here

5. Technical Plan and Schedule Insert schedule here

6. Business Plan Questions Answer the questions below, and for each of the 10 answers you might want to provide (a) a few sentences of text or descriptions of your answer; (b) one concise graphic, illustration, or other non verbal way of capturing the essence of your response

7. 1. The Founder(s) – Who are you and why are you the one to run with this? Insert answer here

8. 2. The Idea - Tell the core story of your idea, and articulate it clearly so it captures people’s imagination Insert answer here

9. 3. The Product - What is the product? How is it unique? Insert answer here

10. 4. Who Cares - Describe (a) an individual customer for your product; and (b) ways you’d calculate the total market size. (c) ways in which you'd get the attention of people who are in your market. Insert answer here

11. 5. Competition - Who is your competition? How will they react? What’s your ongoing advantage? (including Intellectual Property) Insert answer here

12. 6. Who Pays - What is your business model? How do you make money? Insert answer here

13. 7. Keys To Success & Risks - What factors contribute to your success and which of these can you directly control? Why could you fail? What do you worry about and how do you mitigate? Insert answer here

14. 8. Key Milestones - What are the key milestones for your company? When will you have de-risked something that is critical to the business, and how will you have enough information to decide? Insert answer here

15. 9. Financing Requirements - How much money do you need? Over how much time and in how many chunks? Where will you get it and how will you spend it? Insert answer here

16. 10. What’s missing - What skills or other elements are missing in your team? Who will you need to hire? Insert answer here