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Stanford E 145 - Study Guide

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Page ‹#› E145E145 Technology EntrepreneurshipTechnology EntrepreneurshipSession 20Session 20Course SummaryCourse SummaryProfessors Tom Byers, Randy Komisar, & Tom KosnikStanford UniversityCopyright © 2008 by the Board of Trustees of the Leland Stanford Junior Universityand Stanford Technology Ventures Program (STVP). This document may bereproduced for educational purposes only. Agenda Agenda1. Take-home final exam logistics2. Recalling course objectives and methods3. Next steps in entrepreneurship education4. AppreciationPage ‹#›Page ‹#›Final Exam LogisticsFinal Exam Logistics1. Pick up exam today at 5PM @ 417 Terman.2. Due no later than Monday, March 17 at9AM to 417 Terman.3. Individual effort only, not team-based4. Use all and any course materials5. Note: OAPs due tomorrow by NoonOur Course ObjectivesOur Course Objectives1. Understand entrepreneurial leadership as aprocess in technology-intensive enterprises(dispel common myths and misconceptions).2. For students of all majors, teach skillsimportant for 21st-century technology leaders.3. Stimulate continuous learning and personalreflection regarding entrepreneurship and yourfuture.Page ‹#›© 2003 Mark P. Rice, Babson1. Examining the Tech E-ship Process1. Examining the Tech E-ship Process•Facebook•AIR•WebTV•Palm I•TH!NK•OAPs•SolidWorks•Barbara A.•NanoGene•BioTransplant•Palm IIMajor Concepts and FrameworksMajor Concepts and Frameworks• Sahlman's “concept of fit” model: People - Opportunity - Context - Deal• Dorf and Byers’ “from opportunity to profitability” model: Vision – Strategy - Execution• Komisar's 3 Q's every VC wants to know: Big market + winning strategy + excellent team• Kaplan's Silicon Valley game: Entrepreneurs trade stock for ideas, talent, and capital• Moore’s technology adoption cycle and chasm model: Adapting the marketing strategy over time• Byers’ ABCs of human and financial resources: Effective teams and use of staged venture financingPage ‹#›2. Seven Important Skills for Tomorrow2. Seven Important Skills for Tomorrow’’ssEntrepreneurial LeadersEntrepreneurial Leaders• Creativity and Opportunity Evaluation• Real-time Strategy and Decision Making• Comfort with Change and Chaos• Teamwork• Evangelism, Selling, Negotiation, andMotivation through Influence and Persuasion• Oral and Written Communication• Basics of Start-Up Finance and AccountingOur Ways to LearningOur Ways to LearningTechnology EntrepreneurshipTechnology Entrepreneurship1. Critical thinking through case studies.2. Teaching of basic terminology andconcepts through the text, lectures, andworkshops.3. Teamwork through the opportunityanalysis project.4. Career planning through the personalbusiness plan and discussion.Page ‹#›3. Next Steps in Entrepreneurship Education3. Next Steps in Entrepreneurship Education1. Visit http://stvp.stanford.edu for more courses @Stanford2. Visit future ETL lectures in person or access on theweb at http://etl.stanford.edu3. Exploit video clips and podcasts at STVP EducatorsCorner at http://edcorner.stanford.edu and similararchives4. Join any of the entrepreneurship-related studentclubs (e.g., BASES, ASES, Energy Crossroads, SWE,etc.)5. Attend campus and Silicon Valley events regardingentrepreneurship (e.g., stay subscribed to BASESDigest at http://bases.stanford.edu)Comments from the InstructorsComments from the InstructorsTom B., Randy, and Tom K.Tom B., Randy, and Tom K.Page ‹#›TeachingTeachingAssistantsAssistantsAnandAnandAnnAnnAustinAustinEmilyEmilyMentorMentorCoordinatorCoordinatorChi-HuaChi-HuaSpecial Thanks• To All of Our Distinguished Guests:Linda, Tina, Ben, Tim, Dana,Chi-Hua, Ravi, Sam, and Bill• To All Dedicated 24 Mentors• To Our Sponsors NUS and Fenwick & West• And to All 60 of


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