The Young Entrepreneurs TYE Class 2013 2014 Business
The Young Entrepreneurs (TYE) Class 2013 -2014 Business Plan Competition Apr 13 th , 2014
The Program Vision Mission To create a global community of youth empowered to become successful entrepreneurs To offer a comprehensive and well-structured curriculum to educate and groom high school students to maximize their potential as entrepreneurs, leveraging the success the earlier generation has had as entrepreneurs themselves; enable future business leaders in a positive, fun way Core Objectives • Equip students with entrepreneurial skills • Nurture their ambitions and help incubate their ideas • Develop soft skills to lead, influence, work better in teams • Access to successful entrepreneurs, business leaders, investors • Have fun doing all this 2
TYE Dallas 2013 -2014 Summary • • Preparation • • Define and launch program Call with TYE Global to get synced up Recruitment of instructors, students Information Session - Dec 2013 – Dec 2013 - Dec/Jan 2014 - Dec 2013 • Classes and workshops* • Classroom Sessions • Feb 2, 2014 - THINK – Intro to the Program, what is entrepreneurship, the process of idea generation, conceptualizing ideas from life experiences; Ideation/Thought case-study/exercise • Feb 9, 2014 - PLAN – Once you have an idea, where do you start, what is the product/service, what is the market, what are the steps you have to take, how do you plan; Design/Prototyping case-study/ exercise • Feb 16, 2014 – SELL - How do you sell your idea to your partners, to investors, to customers, sales channels, dos and don’ts, effective communication, need for passion in entrepreneurship; Sales case-study/ exercise • Feb 23, 2014 – MAKE – How do you make a product, deliver a service, manufacturing, supply chains, business operations; Operations casestudy/ exercise • Mar 2, 2014 – CHECK – The business of money, what does it take to bring ideas to fruition, how do you get the money, debt vs equity financing, valuation; Business financials - Revenues, costs, profits; Keeping books; Finances case-study/exercise • Mar 9, 2014 – WIN – Structuring the business, legalities, corporate governance, ethics in business, social responsibility, what is success - wealth creation, leadership, impact • Biz Plan Workshop Session Set up • • Mar 16, 2014 – WORKSHOP 1 – Team formation (if not already formed); Coach assignments; Finalizing ideas Mar 23, 2014 – WORKSHOP 2 – Focus on creating the marketing pitch, a sales plan and a prototype of the idea Mar 30, 2014 – WORKSHOP 3 – Iterate on the marketing/sales plan, prototype and a financial plan Apr 6, 2014 – WORKSHOP 4 – Complete the presentation draft and rehearse for final presentation • Regional competition • Apr 13, 2014 – PRESENTATIONS/REGIONAL FINAL – Presentation by teams, followed by awards * In addition to the regular schedules, students will get a taste of real world business problems and how concepts are applied through case studies and exercises from local companies/start-ups 3
Teams Team Members Coach Arun Yagnamurthy Sacheth Swaminathan Alberto Him Arjun Yagnamurthy Neel Sarwal Dilip Venkatesh Ramesh Vignesh Subramanian Manoj Team 3 Shweta Julka Shameer Team 4 Aneesh Roy Shwetha Allen Zhang Swaminathan Medha Reyan Kazi Somisetty Divya Viswanathan Riya Gupta Raj Team 5 Abhinav Kasamsetty Antara Palit Yash Mehrotra Nishali Malik Adreesh Roy Revant Ranjan Andrea Rose Eric Rose Team 1 Team 2 Team 6 Prashanth Kotla Nisha Gupta Anita 4
Instructors/Coaches/Volunteers (A Big Thank You!!) Coaches/Instructors • Shameer Soni • Raj Malik • Ranjan Sarwal • Dayakar Puskoor • Manoj Balraj • Dilip Shah • Anita Pai • Krish Dhanam Volunteers • Sabitha Viswanathan • Anand Gupta • Sreyas Telidevara • Aditya Viswanathan • Robin Joseph • Nathan Research team • Srinivas Nandunuri • Harsha Nagulapalli Corporate Sponsor • TI (Texas Instruments) Facility • UTD / Jey Veerasamy 5
Today’s Schedule • • • • Introductions Team 4 Q&A Team 2 Q&A Team 1 Q&A Team 3 Q&A Team 5 Q&A Team 6 Q&A Break Wrap up – 1: 00 pm – 1: 15 pm - 1: 15 pm – 1: 30 pm - 1: 30 pm – 1: 35 pm - 1: 35 pm – 1: 50 pm - 1: 50 pm – 1: 55 pm - 1: 55 pm – 2: 10 pm - 2: 10 pm – 2: 15 pm - 2: 15 pm – 2: 30 pm - 2: 30 pm – 2: 35 pm - 2: 35 pm – 2: 50 pm - 2: 50 pm – 2: 55 pm - 2: 55 pm – 3: 10 pm - 3: 10 pm – 3: 15 pm - 3: 15 pm – 3: 25 pm - 3: 25 pm – 4: 00 pm 6
Being streamed live www. justin. tv/nathanresearch 7
Team Presentations • • • Team 1 - Doc. Aid Team 2 - Vizon Team 3 – Zorinc Team 4 - Fantopus ; Backup Team 5 - Trust Locker ; Backup Team 6 – Adhane 8
What Next • Winning team to represent Dallas at the Global final to be held in Vancouver, June 21 -23, 2014 9
- Slides: 9