Entrepreneurship the purist most challenging application of the art and science of business. Essay Example for Free

Entrepreneurship the purist most challenging application of the art and science of business. Essay Corporate America repeatedly cites the ‘lack of entrepreneurial skills’ as the single biggest deficiency in MBAs – something that we fix in this course. Entrepreneurial skills and knowledge are mandatory for creating your own venture (for-profit or non-profit) , creating a new business unit within an existing enterprise, creating a new product or service offering and  launching it, or for just being a much more inventive and creative desk jockey in a lumbering, bureaucratic human cesspit of non-productive activity. The conception and start-up stage of a new organization is a critical stage of the company’s life-cycle. It is the time for the venture to pull itself together and get up and running in time for ‘opening day’. It is an extremely busy time in the venture’s life, requiring a thorough understanding, application, and execution of your MBA concepts skills. In this capstone course we examine the idea of entrepreneurship, its symbiotic existence with Corporate America, the origin of new (company) concepts, setting up the new legal entity, raising funding from outside investors or donors, developing and writing a comprehensive business plan, and pitching your concept to a panel of seasoned investors or potential donors. Some key topics include: (1) demographics for small businesses, (2) conceiving and understanding a sound ‘business model’, (3) financial forecasting and modeling for new start-ups, (4) cash flow management in start-ups, (5) term sheets, (6) the venture capital business, (7) multiple funding rounds, (8) start-up company valuations, (9) liquidation preferences, (10) leveraging strategic alliances, (11) the role of the Board of Directors, (12) restricted stock, stock options, and 83(b) elections, and (13) creating and leveragor) presentation that will be delivered to a panel of professional investor/donors at the conclusion of the course. CAP5802 will be delivered as a combination of lecture and discussion. The instructor demands active participation from the class members. COURSE OUTLINE Important note: The detailed descriptions of all assignments along with all exercises are found on the (new) Moodle course site. Session 1: Monday, 26 August 2013 Introduction and Orientation How the course will be conducted Classification of businesses Small business demographics What is entrepreneurship and why should you be highly interested in this subject? Major assignments and due dates †¢ Concept Description Abstract – Due on 23 September 2013 †¢ Business Plan Outline – Due on 7 October 2013 †¢ Interview with Entrepreneur Write-Up – Due on 14 October 2013 †¢ Prospectus – Due on WEDNESDAY by NOON, 4 December 2013 †¢ Final Business Plan – Due on MONDAY, 9 December (in class) 2013 †¢ Live PowerPoint Presentation – 9 December 2013 [No class on Monday, 2 September – Labor Day] Session 2: Monday, 9 September 2013 The Entrepreneurial Mind and Process Entrepreneurial Resilience during Challenging Times How Entrepreneurs Craft Strategies That Work Apple’s Core Case Study Iggy’s Bread of the World Case Study Session 3: Monday, 16 September 2013 Recognizing and Screening the Opportunity Background Note: Note on Business Analysis for the Entrepreneur ZOOTS: The Cleaner Cleaner Case Study Session 4: Monday, 23 September 2013 The Business Plan HBR Article: How to Write a Great Business Plan Business Plan for Room for Dessert Case Study Your Concept Description – Abstract Due Session 5: Monday, 30 September 2013 The Founder and the Team – HR Matters NanoGene Technologies, Inc. Case Study Session 6: Monday, 7 October 2013 Legal Matters the Start-Up Ecosystem Background Note: Legal Matters and Entrepreneurship †¢ Corporate law firms †¢ Intellectual property (IP) law firms The Start-Up Ecosystem †¢ Certified public accountants (CPAs) †¢ The Board of Directors †¢ The Advisory Board †¢ Key business partners Smartix(A): Dancing with Elephants Case Study Smartix(B): The Last Dance Smartix(C): Rethinking the Negotiations Smartix(D): Reflections from the Other Side of the Table Business Plan Outline Due Tonight Session 7: Monday, 14 October 2013 Financing the Venture PunchTab Inc. Case Study Interview with Entrepreneur – Write-Ups Due Fall Break is 15 – 18 October 2013. Session 8: Monday, 21 October 2013 Capitalization of the Start-Up, Part 1 Session 9: Monday, 28 October 2013 Capitalization of the Start-Up, Part 2 Session 10: Monday, 4 November 2013 Capitalization of the Start-Up, Part 3 Session 11: Monday, 11 November 2013 Growing the Business What Entrepreneurs Get Wrong Facebook Case Study Gordon Biersch Case Study Gordon Biersch – New Challenges and Opportunities Case Study Session 12: Monday, 18 November 2013 Investment Decision Making Walnut Venture Associates (A): RBS Group Investment Memorandum Walnut Venture Associates (B): RBS Due Diligence – Customers Walnut Venture Associates (C): RBS Due Diligence – Market Size Walnut Venture Associates (D): RBS Deal Terms Thanksgiving Week break is 25 – 29 November 2013. No class on 25 November. Session 13: Monday, 2 December 2013 Documentary (movie): â€Å"Start-Up.com† Session 14: Monday, 9 December 2013 Final Presentations COMMENTS ON CAP5802 – ENTREPRENEURSHIP IMPORTANT: YOUR HOMEWORK ASSIGNMENTS ARE DUE IN HARD COPY IN CLASS ON THE SPECIFIED DUE DATE. LATE ASSIGNMENTS WILL BE MARKED DOWN—SEE GRADING POLICY BELOW. Your workload in this course will be ‘above average.’ That we meet only one time per week for three hours implies that you will have a week’s worth of homework to do in between class meetings – unlike the homework load that you would receive in a course that meets multiple times per week. Specifically, †¢ I expect you to attend all of our classes. †¢ I expect you to arrive on time and remain in class until we are finished with the session. †¢ I expect you to arrive with your material fully prepared – this requirement is critical. †¢ I expect you to participate actively and effectively in class. †¢ I expect you to demand of yourself and your fellow class members complete fidelity to high personal ethical standards. †¢ I expect you to keep your cellular telephone out of our classroom – or with you, but powered off. †¢ I do not expect you to ever leave the classroom to accept or return a telephone call. †¢ I expect all team work and responsibilities to be evenly distributed among the team members. †¢ I expect all individual-specified exercises to be completed by you independently with no assistance received from anyone else. CAP5802 GRADES There is no final exam in CAP5802. Instead, we have the final presentations from each start-up concept. Four factors play into your grade computation in CAP5802: (1) your homework scores – watch those tricky computational problems, (2) your write-up of your interview with an entrepreneur, (3) your completed business plan – which should be sufficiently tantalizing to cause the general partners of Kleiner Perkins Caulfield (who successfully funded Genentech, Amazon, and Google, among others) to salivate, and (4) a stunning live presentation during our final class meeting – which should convince even the most risk averse grandmother to allocate a chunk of her retirement stash to fund your promising venture. (1) CLASS PARTICIPATION We have 23 articles/case studies that we use to supply some of the vital content to this course. I expect you to give every one of them a thorough read and analysis. I encourage you to discuss them with your team members. I will call on you in class – whether or not you raise your hand – and ask you to answer questions or to explain concepts/situations in the assigned readings. I will score your response on a three-point scale as follows: 3: brilliant 2: adequate 1: needs improvement (2) HOMEWORK ASSIGNMENTS Your home work assignments are due in class in hard copy on the specified due date. I will penalize you for late homework assignments. That is how the real business world works. If you are going to be out of town, always complete and turn in your assignment EARLY. When you are LATE with your homework assignments, you lose points in the computation of your final grade. No appeals allowed. The point value for each homework question is noted in (*) next to the question. You will find all of the homework assignments on the course site. (3) INTERVIEW WITH ENTREPRENEUR Each team will find an authentic entrepreneur – someone who has started their own business/organization and currently is running the business or non-profit organization. The business/organization can be anything ranging from an ice cream truck to a non-profit social service organization that provides outplacement services to displaced investment bankers. I will provide you with the list of questions for the interview. You only need to find the willing entrepreneur (they generally love to talk about their businesses) and complete the interview – then write it up. (4) COMPLETED BUSINESS PLAN FOR YOUR VENTURE Each team will compose a comprehensive, professional-quality business plan for their business concept. There are two important milestones/due dates for the business plan assignment: (1) the brief plan outline due date, (2) the completed plan due date – the last class meeting. (5) CORPORATE OVERVIEW PRESENTATION OF YOUR VENTURE Your team will present your ‘corporate overview/launch plan’ during our final class meeting. You will be graded on the originality, content, and delivery of your concept. We expect to have a judging panel present – comprising demanding, unreasonable investor-types – to critique your concepts CAP5802 GRADE COMPUTATION There are five sources of points that are used in your final course grade computation: (1) Class participation points – as noted above. I will tally up your points, and normalize your grand total over 50 possible points. (2) Homework Assignment points – as noted with each HW assignment question. I will add up your total homework points, divide this total by the total possible homework points, and arrive at a final percentage score for your homework. (3) 50 points for your entrepreneur interview write-up (4) 100 possible points for your business plan, distributed as follows: Quality of idea = 10 pts Compelling market opportunity = 10 pts Organization of plan = 10 pts Clarity of plan = 10 pts Financial analysis = 10 pts Marketing plan = 10 pts Sales and distribution plan = 10 pts Competitive analysis = 10 pts Sales/revenue forecast = 10 pts Surviving CAP5802 = 10 pts (5) 100 possible points for you final presentation, distributed as follows: Originality and cleverness of the presentation = 20 pts Running within the allotted time = 20 pts Richness of content = 20 pts Presentation delivery = 40 pts Note that your presentation scores will be a compilation of our guest judges’ scoring. History indicates that the judges are rather severe scorers. I will assign final course grades based on your final total point tally: Total possible participation score (%): 50 points Total possible homework (%): 100 points Total possible interview with entrepreneur: 50 points Total possible written business plan: 100 points Total possible live presentation: 100 points A splendid time is guaranteed for all.

Divorce Law :: essays research papers

Divorce is a growing epidemic in Canada and the United States. It affects both parties involved, being the spouses, and also has a profound affect on children of the marriage. Recently our government has been revising the old divorce act. It was apparent that it was time to revise the act because it did not properly protect the children from being caught in the middle of things. Divorce is defined as follows: to dissolve legally a marriage between; separate (one of a married couple) from the other by divorce . The Canadian constitution allows only the federal government to set divorce law. The government of Canada has a divorce act, and because it is a federal law, it applies fully and equally in all parts of Canada and to all Canadian citizens. Divorces begin with an application to the court asking it to declare that there has been a breakdown of the marriage. This application must include paragraphs which refer to where and when the marriage took place, who the children were, who should have custody and why, if there is to be support for one of the spouses paid for by the other, and what is to become of the family property. Certified copies of the marriage certificate and any birth certificates are attached. The claim for support is known as "Corollary relief" and may be for the spouses and/or the children (claims for custody also fall under corollary relief claims). When corollary relief is requested, a financial statement which sets out your families monthly expenses in detail is required. The divorce act requires the court to verify weather there seems to be any chance of reconciliation between the parties. The court may even ask for a marriage councilor to attempt a reconciliation. The divorce act demands the sole grounds for divorce as breakdown of marriage, and provides for three basic ways of proving it:  You and your spouse have been separated for one year.  Your spouse has committed adultery.  Your spouse has treated you with intolerable mental or physical cruelty. The most common grounds for divorce is certainly a one year separation for it is the easiest to prove. There is no such thing as a "legal separation" however while living apart you should be protected by a separation agreement. A separation agreement is a domestic agreement between a separated couple outlining the distribution of the property and other obligations to each other .

Personal Responsability Essay

Definition of personal responsibility and what it means to you The relationship between personal responsibility and college success A preliminary plan to practice personal responsibility in your education This week, using the Center for Writing Excellence resources, provide the thesis statement and informal outline for your Personal Responsibility Essay assignment. Thesis Statement: Even though someone with personal responsibility values the consequences of their acts; having personal responsibility is also knowing how to manage your time wisely, and recognizing what sacrifices will need to be made to meet deadlines, because a responsible person does their obligations and puts special attention to its compromises in order to meet them. To be successful in college as a student, you must maintain good attendance, make substantial post in discussions, and turn all of your assignments in on time. Informal Outline: Introductory paragraph: Being successful in life it requires taking personal responsibility for your actions. In order to reach personal responsibility it is important to be focused on what you want to accomplish. Time management is a key element, as well as making the necessary sacrifices in order to meet deadlines. These values are essentially useful in college, as you are required to participate actively, maintain good attendance, and submit your assignments in on time when trying to achieve academic success. Body paragraph #1 personal responsibility is also knowing how to manage your time wisely, recognizing what sacrifices will need to be made to meet deadlines on time in order to achieve college success Body paragraph #2 In order to be successful as a student, you must maintain good attendance, make substantial post in discussions, and turn all of your assignments in on time. Body paragraph #3 The most important reason why personal responsibility helps to manage your time wisely is because you learn to recognize what sacrifices will need to be made to meet deadlines. In order to achieve college success, a responsible person does their obligations and puts special attention to its compromises in order to meet them. Conclusion: In conclusion, although someone with personal responsibility values the consequences of their acts, personal responsibility also knows how to manage your time wisely, recognizing what sacrifices will need to be made to meet deadlines, in order to achieve college success for two main reasons. First, In order to be successful as a student, you must maintain good attendance, make substantial post in discussions, and turn all of your assignments in on time. But most importantly, a responsible person does their obligations and puts special attention to its compromises in order to meet them.

John Adams Essay - 2173 Words

John Adams John Adams was born on October 30, 1735, in Massachusetts Bay. He was born in a well-to-do family of five. He is the eldest son and was named after his father, John Adams. Young Adams was able to receive a proper childhood education, as his father was a deacon of the Congregational church, as well as a lieutenant of the local militia. Despite his busy schedule, his main interest and occupation was farming. At 1761, Adams’ father passed away due to the flu epidemic. His mother remarried at 1766, but young john did not get along with his stepfather. Young Adams was not very bright at his studies, but through his tutor, Joseph Marsh, guidance, he was able to go to Harvard College at the age of 16. At the age of 1755, he†¦show more content†¦Another case that made Adams famous was the Boston Massacre at 1770. It was the act of British soldiers who fired at mob of Boston citizen. As a result, five civilians were killed, including Cripus Attucks. Upon the event, many political groups and citizens were unhappy. It was the starting of an anti-British fever. Paul Revere made an engraving that depicted captain Thomas Preston gave the order to start firing at the defenseless crowd. â€Å"To calm the situation down, Governor Hutchinson, promised the people to imprison the captain and soldiers, and they would also be trial upon their action.† In the afternoon, the Sons of Lib erty held a meeting at the Faneuil Hall, demanding that all British should be driven out of Boston. No lawyer was brave enough to take the case except John Adams and another young lawyer Josiah Quincy. Preston and his man should be trial on September, but his men made a petition to the court that they wanted to be trial together at one time. The petition was denied and on October 24, 1770, Preston was the first to be trialed. This was the first case that was held longer than one day in Massachusetts. Adams, leading the defense, had called for at least twenty-two witnesses in one day and none of them had heard Preston ordered his troops to start firing. On October 30, 1770, the juries had dropped the charge on Preston. Soon, it was the soldiers’ trials. Witnesses said that the troops acted on self-defense, as the crowd was throwingShow MoreRelatedEssay on John Adams1466 Words   |  6 Pages John Adams, who became the second president of the United States, has been accused by some historians of being the closest thing America ever had to a dictator or monarch (Onuf, 1993). Such strong accusations should be examined in the context of the era in which Mr. Adams lived and served. A closer examination of the historical events occurring during his vice presidency and his term as president, strongly suggests that Adams was not, in fact, a dictator. Indeed, except for his lack of charismaRead MoreEssay on John Adams1165 Words   |  5 PagesJohn Adams was born on October 30th, 1735 to John Adams Sr. and Susanna Boylston Adams. He was the oldest of three and lived in Braintree, Massachusetts. His father was a farmer, deacon, and town councilman. The Adams were not very wealthy and John Adams’ father knew he could only send one son and he wanted to send his eldest. However, John Adams told his father â€Å"I do not love books and I wish you would lay aside thoughts of sending me to college.† His father in reply asked him- â€Å"What would you doRead MoreThe Legacy Of John Adams1474 Words   |  6 PagesJohn Adams was many things in his long and illustrious career. He was a lawyer, diplomat, farmer, Vice President and President. He is most well-known for being the second president. He did some good things and some bad things. 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People and nations are forged in the fires of adversity, said by him, John Adams was more admirableRead MoreJohn Adams And Thomas Jefferson1478 Words   |  6 PagesJohn Adams and Thomas Jefferson were two revolutionaries who helped birth a nation through an idea of the United States. This idea included the equality of all men and their freedoms, such as religion, speech and liberties. Both Jefferso n and Adams became politicians and rose to the position of President of the United States. John Adams took the position as the second President of the United States after serving as George Washington’s Vice President. Adams served as President from March 4, 1797Read MoreBiography of John Adams Essay783 Words   |  4 Pages John Adams was born October 30, 1735 in Braintree Massachusetts to his father John Adams and mother Susanna Boylston Adams. His father was a deacon, lieutenant in the militia, and farmer. John looked up to his father, more than anyone. 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