raj bhat 2009 business ideation to business plans…. part i a workshop for world zaratushti chamber...
TRANSCRIPT
Raj Bhat 2009
Business Ideation to Business Plans…. Part I
A workshop forWorld Zaratushti Chamber of CommerceMumbai , October 2009
Raj Bhat 2009
2 Day workshop focusing on…. Discovering ideas that
work around us. ‘ The Newspaper Exercise’
Learning the 7 domains framework .
Applying the 7 domains framework to discover ‘How good is my idea ?’
Elements of Business Plan Importance of Online
Marketing Strategy for startups
Understanding ‘Break Even Point’ and ‘Unit Price Costing’
Fundamentals of ‘Financial Statements’
Government Schemes to help startups
Discussing HR issues in startups ‘The Wallet Exercise’
uncovering customer expectations
Further learning's on Teams and Execution Strategy
3 minute elevator pitch
Raj Bhat 2009
Participants Shahzad Daver & Team Nainaz Shroff & Team Bomi Doctor & Team Farookh Irani Darayus Khajotia Faredoon Kapadia Firdosh Roowala Nazneen Deboo
Raj Bhat 2009
Ideas are everywhere ………
The news paper exercise to discover ideas all around us.
The participants discussed that ideas are important but not everything.
Only those ideas can be monetized that solve real problems. Greater the problem greater the opportunity.
Raj Bhat 2009
Applying 7 domains learning The participants learnt
about the 7 domain framework
The importance of discussing issues of Markets v/s Industry
Applying the 7 domains learning to check ‘How good is my idea ? ‘
Raj Bhat 2009
Getting the marketing plan right The participants agreed
the getting online was the best option for a startup business.
Vikas Kashikar of Uptime Technologies gave an insight on Getting Online Strategies.
Raj Bhat 2009
Finance & Accounts CA Virendra Shah gave a
lucid presentation on Project Finance and essential financial ratios.
Basing their learning's on Unit Price Costing and Break Even Point Analysis the participants learnt the fine art of managing their finances in a startup.
Raj Bhat 2009
Sharing notes on HR Yazdi Tantra sharing
his experience of hiring in the market place.
The participants accepted that attracting and retaining top talent remained an area of concern for fledgling startups