Entreprenuers Boootcamp

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Entreprenuers Boootcamp

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Entreprenuers Boootcamp

  1. 1. Entrepreneurs Bootcamp IV How to Raise Fund
  2. 2. Recap – Entrepreneur’s Bootcamp 1 <ul><li>Topic - Entrepreneurship & Wealth Creation </li></ul><ul><li>Entrepreneur vs. Trader – Entrepreneur Innovates , Trader just Trades </li></ul><ul><li>Entrepreneurs don’t focus on money , they focus on innovation . </li></ul><ul><li>Innovation can be on service, process, product </li></ul><ul><li>Innovation = Wealth Creation </li></ul><ul><li>Entrepreneur think it is innovation which creates wealth . </li></ul>
  3. 3. Recap – Entrepreneur’s Bootcamp 2 <ul><li>Topic – Entrepreneur's Lifecycle </li></ul><ul><li>Gestation Phase– Right Idea & Right People </li></ul><ul><li>Planning Phase – Right Plan. </li></ul><ul><li>Startup Phase – Right Execution </li></ul><ul><li>Scaling Phase – Right Process </li></ul><ul><li>Transformation phase – Right Wisdom </li></ul>
  4. 4. Recap – Entrepreneur’s Bootcamp 2 How to Develop a Business Plan
  5. 5. Why Business Plan ? <ul><li>“ No one can tell you the future of your </li></ul><ul><li>business. But a solid plan will prepare your </li></ul><ul><li>business for the future.” </li></ul>
  6. 6. How to develop Business Plan ? <ul><li>Business plan is not about a simple action plan of your Business , but it is the action plan which your Business will do in reference to competitors action plan. </li></ul><ul><li>That’s why it is a Strategic document not an operational document , though there are number of people, who think on the other way. </li></ul>
  7. 7. The Nature of Business plan <ul><li>It is a cohesive document which gives the grand strategy of the Business, and also the functional strategies in reference to different operational units of your Business. </li></ul>
  8. 8. Step 1 : Develop Grand Strategy <ul><li>To develop Grand Strategy ask following question </li></ul><ul><li>What is the Core competency of me and my team ? </li></ul><ul><li>How that core competency can be converted to Sustainable competitive advantage in addressing a need. </li></ul>
  9. 9. Step II :To Develop Functional Strategy <ul><li>Ask Following Questions </li></ul><ul><li>How that sustainable competitive advantage could be transmitted into different function domain. </li></ul><ul><li>Marketing , Finance , Human Resource and Operation . </li></ul>
  10. 10. Step III : Validate it <ul><li>In the Next step Validate the Grand strategy and strategies for different functional domains through datas from primary and secondary sources. </li></ul>
  11. 11. Going Ahead <ul><li>You can take a separate course to learn in more detail Business Planning from Allindialive.org </li></ul><ul><li>“ THE ART OF BUSINESS PLANNING” </li></ul><ul><li>http://allindialive.org/course/category.php?id=36 </li></ul>
  12. 12. THE ART OF BUSINESS PLANNING <ul><li>Course Duration : 1 week ( 5 days) </li></ul><ul><li>Course Hours : 10 hours </li></ul><ul><li>Course Fee : $100 </li></ul><ul><li>5 Live classes of 120 mins </li></ul><ul><li>Asynchronous Course panel which is accessible for 7 days – 24 hours where the Learning Content could be read and practiced. </li></ul><ul><li>A Live Business planning project ,with presentation and mentoring. </li></ul>
  13. 13. 5 ways to Pitch an Investor Joydip Chakladar
  14. 14. Questions which helps <ul><li>Are you an Entrepreneur now ? </li></ul><ul><li>Are you planning to become an Entrepreneur ? </li></ul><ul><li>Do you understand difference between Entrepreneur and Trader ? </li></ul><ul><li>Do you know , what is innovation </li></ul>
  15. 15. Are you looking for an Investor ? <ul><li>Do you have a business plan ? </li></ul><ul><li>What kind of Investor you are looking for – Angel or Venture Capitalist or an Institutional Investment </li></ul><ul><li>Are your Business operating ? </li></ul><ul><li>Do you have balance sheets </li></ul>
  16. 16. 5 ways not to Pitch your Business Plan <ul><li>Are your assumption realistic ? </li></ul><ul><li>Are they backed by data ? </li></ul><ul><li>Do you say “ there is no competition in your market “? </li></ul><ul><li>Is your business plan have integrity ? </li></ul><ul><li>Could your bottom lines figures be supported by the market figures ( the market share you are trying to capture) </li></ul>
  17. 17. 5 ways to Pitch your Business Plan <ul><li>Be realistic </li></ul><ul><li>Give authentic figures </li></ul><ul><li>Do not exaggerate your capability </li></ul><ul><li>Focus on people and relationship then figures and data </li></ul><ul><li>Understand the Investor Pshyce </li></ul>
  18. 18. Learn more on Entrepreneurs Boot camp <ul><li>2 nd Sept- EB1-Entrepreneurship and Wealth Creation </li></ul><ul><li>3 rd Sept- EB2-Entrepreneur's life cycle </li></ul><ul><li>4 th Sept- EB3-How to Develop Business Plan </li></ul><ul><li>5 th Sept - EB4-How to Pitch to Investor </li></ul><ul><li>6 th Sept - EB5-How to Scale the Company </li></ul><ul><li>7 th Sept - EB6-How to transform your career and Business </li></ul><ul><li>8 th Sept - EB7-Business Transformation Conference </li></ul>
  19. 19. Entrepreneur Bootcamp <ul><li>Entreprenuer Bootcamp is a 7 day online workshop from 2 nd September – 8 th Septembor </li></ul><ul><li>Timings -7-30-8-30 p.m </li></ul>
  20. 20. Coming Next in 6 th Septembor <ul><li>Entrepreneur Bootcamp VI – How to transform business at 8-00 pm </li></ul>

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