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Welcome to New Venture Development Course - Fall 2013 Overview

This document outlines the New Venture Development course for Fall 2013, covering key materials and communication methods. Important links, such as the course wiki and email submission guidelines, are provided. Students will experience a blend of lectures and practical assignments, including feasibility studies and business model generation. Key dates are included for both MGT 482 and MGT 582 classes. Emphasis is on self-paced learning outside the classroom complemented by experiential exercises. Responsibilities for success are shared between students and the instructor.

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Welcome to New Venture Development Course - Fall 2013 Overview

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  1. Welcome to New Venture Development Fall 2013

  2. Materials and communications • http://profcraigarmstrong.wikispaces.com for all course materials • NVDBAMA@gmail.com for all course submittals (with occasional use of google docs embedded in course wiki pages) • 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

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