It is a complex and challenging task to develop a new scalable project. It is not easy to achieve success while traveling on the entrepreneurial road. It remains long, strewn and winding with pitfalls, blind turns,and obstacles. It is risky to develop a new business as chances of failure rates are high for most new ventures. It is well known that the rewards both personal and financial are associated with the risk. In Singapore, there is a workshop that is very popular as it is said to be the most successful and longest-running entrepreneurial workshop.
The features of the workshop are as follows:
· Improve the participant’s chances of effectively establishing their own business.
· Offer them with tools that are necessary to develop their own business.
· Help the participants to know about the rewards, risks, challenges,and process of developing a fresh scalable venture.
The participants who are attending the workshop would learn the following things at the completion stage.
· Develop a specializedinvestor presentation
· Raise money from the investors of the venture
· Create and work in the form of a team
· Develop a competitive strategy and business model
· Find the market opportunities
· Develop a business plan and also a business model canvas
· Enhance creative problem-solving talents that are important in entrepreneurial businesses
· Create and evaluate scalable business deals
What are the topics that will be covered in this entrepreneurial workshop?
Knowing the main picture:
1) Go home or go big
1) A brief introduction about scalable entrepreneurship
2) Knowing about return and risk
3) Dealing with the significance of failure and fear.
2) Investment: how and why
1) Why business owners raise money?
2) Why the investors show interest to invest in startups?
3) How to increase venture funding?
3) Business model plan and canvas
1) Developing innovative business ideas
2) Developing a business model picture
3) Important elements for success
Important elements for success
4) Innovation and value proposition
1) Types and sources of innovation
2) Degree of recognition
3) Disturbing business models
5) Market opportunity
1) Selecting an appropriate market for the startup
2) Arriving at the market at the time of inflection
3) Analyzing markets and market types
4) Bottom-up and top-down market sizing
6) Competitive strategy and analysis
1) Positioning and differentiation
2) Value innovation
3) Archetypes and customer segments
4) Basics of the startup marketing plan
5) Distribution and sales plans for startups
6) Developing a sustainable competitive benefit