whiteboard youth ventures: a radical new approach to student entrepreneurship

Post on 19-Jul-2015

216 Views

Category:

Education

0 Downloads

Preview:

Click to see full reader

TRANSCRIPT

A radical new approach

to student entrepreneurship

http://whiteboardyouthventures.com

Why radical?

Rad·i·cal Truth /ˈradək(ə)l troo͞TH/

noun

1. An unconventional, but ultimately accepted governing principle around which to make decisions;

2. A surprisingly antithetical description of the status quo;

We are guided by 3 radical truths.

1

Entrepreneurship programs should be led by and taught by

entrepreneurs.

Not consultants, not instructors, not former entrepreneurs

2

We learn exponentially more through execution than

simulation.

Real Companies. Real Strategies. Real Sales.

3

The objective of student entrepreneurship programs

should be sustainable growth, not investment.

“Nothing happens until you sell something…”

Knowledge Practice

Business Models

Value Proposition

Segmentation & Targeting

Financial Analysis

Competitive Strategy

Channels & Distribution

Validation Hypothesis Testing

Content Marketing

Customer Acquisition

Sales Cycle

Advertising Experiments

Prototyping

Customer Service

Business Models

Value Proposition

Segmentation & Targeting

Financial Analysis

Competitive Strategy

Channels & Distribution

Validation Hypothesis Testing

Content Marketing

Customer Acquisition

Sales Cycle

Advertising Experiments

Prototyping

Customer Service

Knowledge Practice

Young Entrepreneur

Challenge

Founder’s Academy

Launch Program

Multiple Cities

18-55 Students

Business Modeling

Ideation

Hard Skill Practice

Dedicated Mentors

6-8 Students/Team

Flagship Cities

12-24 Students

Validation

Early Traction

Business Execution

Shared Mentors

2-4 Students/Team

Launch Program Real Companies. Real Strategies. Real Sales.

Bringing companies owned and operated by students to market

No Equity. No Tuition.

Dedicated 1-2 Entrepreneurs-in-Residence per venture

Ne

t W

ort

h

Companies

A B C D E F G H

Source: Zero to One, Peter Thiel

Typical Venture Capital Fund

Launch Program Model

Cas

h G

en

era

tio

n

Companies A B C D E F G H

Payback to Whiteboard is contingent upon success

Whiteboard Youth Ventures Model

Entrepreneurs-in-Residence

VIRTUAL SUMMER MENTOR

GUEST SPEAKERS

RESOURCES

CONTENT MARKETING

BUDGETING

E-COMMERCE MOBILE

ANALYTICS

TRAVEL OPPORTUNITY PROTOTYPING

EXPERIENCES

BLOGGING

ENTREPRENEURS

TEACHING & LEARNING

Whiteboard Youth Ventures

http://whiteboardyouthventures.com

frank@whiteboardyouthventures.com | 816-226-6940

top related