Welcome to New Venture Development

Fall 2013

Materials and communications

• http://profcraigarmstrong.wikispaces.com for all course materials

• NVDBAMA@gmail.com for all course submittals (with occasional use of google docs embedded in course wiki pages)

• Subject line of emails containing course submittals should clearly state what the assignment is (e.g., “Take an entrepreneur to dinner”)

Wiki site looks strikingly similar to

What is so $#&@ing hard about following these instructions?

Schedule

• August 22: Both MGT 482 & 582• August 27 – November 19: MGT 582 only on

Tuesdays• August 29 – November 21: MGT 482 only on

Thursdays• December 3 and 5: Both MGT 482 & 582• = 15 lecture sessions for each section (3

combined, 12 separate)

What you’ll do - Similarities

• Big picture essay (5%)• Sky Zone indoor trampoline park feasibility (5%)• Retirement home of the future (5%)• Take an entrepreneur to dinner (10%)• Record and post video of a pitch (10%)• S-1 interpretation (5%)• Multiplicity of opportunities (5%)• Business Model Generation (10%)• Business plan and presentation (10%)

What you’ll do - Differences

MGT 582• Take-home midterm

(30% of grade)• Write a term sheet for

one of the business plans from MGT 482 (5% of grade)

MGT 482• 10 in-class quizzes at

beginning of class (3% each)

• Five homework assignments (1% each)

Learning philosophy

• Lectures and readings should take place outside the classroom at your own pace (wiki)

• Experiential learning should take place both in and outside the classroom– Classroom for applications and exercises using

frameworks and tools you learn (what is bus-ed?)– Out-of-classroom for exposure to reality

• What you learn is a responsibility you share with me