1. Welcome to New Venture Development Fall 2013

2. Materials and communications http://profcraigarmstrong.wikispaces.com for all course materials http://profcraigarmstrong.wikispaces.com NVDBAMA@gmail.com for all course submittals (with occasional use of google docs embedded in course wiki pages) NVDBAMA@gmail.com Subject line of emails containing course submittals should clearly state what the assignment is (e.g., “Take an entrepreneur to dinner”)

3. Wiki site looks strikingly similar to

4. What is so $#&@ing hard about following these instructions?

5. Schedule August 22: Both MGT 482 & 582 August 27 – November 19: MGT 582 only on Tuesdays August 29 – November 21: MGT 482 only on Thursdays December 3 and 5: Both MGT 482 & 582 = 15 lecture sessions for each section (3 combined, 12 separate)

6. What you’ll do - Similarities Big picture essay (5%) Sky Zone indoor trampoline park feasibility (5%) Retirement home of the future (5%) Take an entrepreneur to dinner (10%) Record and post video of a pitch (10%) S-1 interpretation (5%) Multiplicity of opportunities (5%) Business Model Generation (10%) Business plan and presentation (10%)

7. What you’ll do - Differences MGT 582 Take-home midterm (30% of grade) Write a term sheet for one of the business plans from MGT 482 (5% of grade) MGT 482 10 in-class quizzes at beginning of class (3% each) Five homework assignments (1% each)

8. Learning philosophy Lectures and readings should take place outside the classroom at your own pace (wiki) Experiential learning should take place both in and outside the classroom – Classroom for applications and exercises using frameworks and tools you learn (what is bus-ed?) – Out-of-classroom for exposure to reality What you learn is a responsibility you share with me