Course teacher(s)
Judith BEHRENS (Coordinator)ECTS credits
5
Language(s) of instruction
english
Course content
In our business plan seminar, you will learn how to get from an initial business idea to a sound business model. Hereby we support you in finding out what you are passionate about, in solving customer problems creatively and in bringing both foci together in an entrepreneurial project.
Objectives (and/or specific learning outcomes)
The seminar is hands-on and practical, including exercises, cases, and contacting actual customers. Students work in teams on their business ideas or ideas chosen for the workshop. We value being hands-on in an open atmosphere with direct and appreciative feedback and demand above-average effort.
Transforming an initial idea into a business model includes two steps: 1) developing an understanding of your customers and markets and 2) formulating your learnings in a structured fashion. We use the Business Design Toolset to support the iterative process of gathering information and refining the business model. To structure and present the business model, we focus on writing five main chapters of a business plan: product/service, entrepreneurial team, market and competition, marketing and sales, and business model.
In addition, we offer the students Elevator Pitch and presentation training given by a professional trainer.
Prerequisites and Corequisites
Required and Corequired knowledge and skills
English
Teaching methods and learning activities
In class presentations and group work.
References, bibliography, and recommended reading
Recommended literature
- Free download pp. 14-51: http://www.businessmodelgeneration.com/downloads/businessmodelgeneration_preview.pdf
- Business Model Canvas in Google Docs: https://drive.google.com/previewtemplate?id=102mOZQmMxs0CslmNsPZ5KCNQwAIh9rh4baYgT0VWNAA&mode=public&ddrp=1#
- Horowitz, Ben (2014): The Hard thing About Hard Things
- Kawasaki, Guy (2004): The Art of the Start
- Moore, Geoffrey A. (2002): Crossing the Chasm
- Osterwalder, Alexander / Pigneur, Yves (2010): Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers
- Ries, Eric (2011): The Lean Startup
- Thiel, Peter (2014): Zero to One: Notes on Startups, or How to Build the Future,
- Timmons, Jeffry A. / Spinelli, Stephen (2009): New Venture Creation
Course notes
- Université virtuelle
- Syllabus
Contribution to the teaching profile
This course contributes to the entrepreneurship major.
Other information
Contacts
judith.behrens@ulb.be and on UV
Campus
Solbosch
Evaluation
Method(s) of evaluation
- Project
- Oral presentation
- Group work
- Written report
Project
Oral presentation
Group work
Written report
50% Business Plan of 6 to 8 pages
20% Prototype: Fit to business idea
30% 10-minute Pitch Presentation & 2-minute Video
Language(s) of evaluation
- english