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Thank you!
Happy Learning
Thursday, June 5, 2014
Final Note
Ankush Mittal
Though it was the last class learning but this course has given us the intent to learn for our complete life ,the intent of being an entrepreneur.I have learned many new things from Business model building,elaboration and edition of it.As the class proceeded i have learned how we can find new areas in one core business.My wish of being an entrepreneur became more strong after taking this course.I learned the benefits of taking interviews , persons and learned the skill of presenting the investment pitch to investors.
It was an enriching experience in the end. I would like to thanks Prof.António Lucena de Faria for sharing his valuable incites and experience in the class.
Thank You !
Happy Learning
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Nicolas Drouard
I really enjoyed the Lean Enterprenuershp class and being involved in Culturellement votre project , we learn very successful tools to create company on strong basis.I got a holistic overview of the business.
The best Quote i have learned from the class
"Work on it , not in It"
Thank You!
------------------------------------------------------------------------------------------------------------
Gaurav Bhate
The subject Lean Entrepreneurship was very interesting and interactive with Professor António, learning from an Entrepreneur who has actually done the work was very effective, the course has made me capable and confident enough of starting up on my own and I have already started towards validation of my own business Idea.
Thank You!
Though it was the last class learning but this course has given us the intent to learn for our complete life ,the intent of being an entrepreneur.I have learned many new things from Business model building,elaboration and edition of it.As the class proceeded i have learned how we can find new areas in one core business.My wish of being an entrepreneur became more strong after taking this course.I learned the benefits of taking interviews , persons and learned the skill of presenting the investment pitch to investors.
It was an enriching experience in the end. I would like to thanks Prof.António Lucena de Faria for sharing his valuable incites and experience in the class.
Thank You !
Happy Learning
------------------------------------------------------------------------------------------------------------
Nicolas Drouard
I really enjoyed the Lean Enterprenuershp class and being involved in Culturellement votre project , we learn very successful tools to create company on strong basis.I got a holistic overview of the business.
The best Quote i have learned from the class
"Work on it , not in It"
Thank You!
------------------------------------------------------------------------------------------------------------
Gaurav Bhate
The subject Lean Entrepreneurship was very interesting and interactive with Professor António, learning from an Entrepreneur who has actually done the work was very effective, the course has made me capable and confident enough of starting up on my own and I have already started towards validation of my own business Idea.
Thank You!
Lesson Learned : Class 6
Hello Everyone!
This would be our last class learning experience.
In this Class,we first studies the cost structure and how important is that for any business.As Profits and the revenue is the backbone of any business.We have studied different cost associated with business.
From this we have learned that how cost and investment are totally different from one another.We understood while making the cost sheets that it is always good to have variable cost greater than the fixed cost.
We understood from the class learning and group study how one can understand the expenses of business by making income statement,Balance sheet and CashFlow Statement.
Finally we have learned that how important an investment pitch for any business if they are looking forward for funding.
We understood the magic of 10/10/30 rule:
An ideal investment pitch should be of:
10 : Slides
10 : Minutes
30 : Font Size
We have then saw many examples of best investment pitch as video presentation .For example Tred.com.
We have learned a lot from the class, it was very good experience overall.
Thanks for reading the Blog.
Happy Learning.!!
This would be our last class learning experience.
In this Class,we first studies the cost structure and how important is that for any business.As Profits and the revenue is the backbone of any business.We have studied different cost associated with business.
From this we have learned that how cost and investment are totally different from one another.We understood while making the cost sheets that it is always good to have variable cost greater than the fixed cost.
We understood from the class learning and group study how one can understand the expenses of business by making income statement,Balance sheet and CashFlow Statement.
Finally we have learned that how important an investment pitch for any business if they are looking forward for funding.
We understood the magic of 10/10/30 rule:
An ideal investment pitch should be of:
10 : Slides
10 : Minutes
30 : Font Size
We have then saw many examples of best investment pitch as video presentation .For example Tred.com.
We have learned a lot from the class, it was very good experience overall.
Thanks for reading the Blog.
Happy Learning.!!
Lesson Learned : Class 5
We had a surprise, a new professor to take the
lecture!! We started with the presentations very strict on time. The discussion
on resources helped us to analyse the resources needed for our business model,
i.e. money, office space, journals for research, researchers, and last but the
most important human resource. After learning the importance and advantages of
having process for our organization we built process chart of entire business
model from customer acquisition to completion of service to the customers. The
main point “ get the work done from least capable people effectively” i.e.
efficient utilization of human resource. A class exercise which motivated and
made us to learn that we can even work without no resources.!! Well that was
just a motivation for budding entrepreneurs like us.
The most important part of
business:- the product / service which earns revenues for us ; how can it be
tested by the building Minimum Viable Product (MVP) ,the most important thing “
always charge for your MVP, don’t give it for free..!!” , after discussion with
the professor we designed our MVP, how it can be tested and what we should
price for it. One of the strategy of pricing was also learnt, that to
extract most of the customer surplus by charging as maximum as possible to
consumer but without dissatisfying him.
After the class the
Team discussed the case study of “Match, Mint Cup and Newspaper” and learnt the
importance asking -relevant questions to the customers which impact the quality
of service provided by company, the importance of processes which helped the
hotel to provide the perfectly planned service to customer every time, weather
it is done by same person or different person each time. The main
point “ get the work done from least capable people effectively” i.e. efficient
utilization of human resource. A class exercise which motivated and made us to
learn that we can even work without no resources.!! Well that was just a
motivation for budding entrepreneurs like us.
The most important part of business:- the product / service which earns revenues for us ; how can it be tested by the building Minimum Viable Product (MVP) ,the most important thing “ always charge for your MVP, don’t give it for free..!!” , after discussion with the professor we designed our MVP, how it can be tested and what we should price for it. One of the strategy of pricing was also learnt, that to extract most of the customer surplus by charging as maximum as possible to consumer but without dissatisfying him.
After the class the Team discussed the case study of “Match, Mint Cup and Newspaper” and learnt the importance asking -relevant questions to the customers which impact the quality of service provided by company, the importance of processes which helped the hotel to provide the perfectly planned service to customer every time, weather it is done by same person or different person each time.
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