23rd Feb: Pre-Boot Camp Workshop

Dear Participants,

During the last month, we have covered a lot of ground. You have built your business model, identified customer segments, learned how to validate customer problem, solution, build experiments etc. The boot camp will be extensive work involved in actually getting out of building to actually get some business done. 

To make this Boot Camp period most productive, please ensure that you have completed all the pre-requisites before you come for the Boot Camp. For your quick reference, I am listing the pre-class assignments that should be completed.

Read pages 14-49 of Business Model Generation.

Read pages 22-84 of the The Startup Owner’s Manual

View Lectures at: https://www.udacity.com/course/ep245

Review course strategy at http://steveblank.com/category/lean-launchpad/

Review team presentations http://www.slideshare.net/sblank/

(note the number of customer contacts each team made over the course is the key.)

Each team comes into the 1^st day of class:

      1)   with a Business Model Canvas. You will present for 3-minutes on day 1 

     2) Have a list of minimum 25 to 30 prospects ready and Be prepared to make 4 or more customer/industry contacts each day during boot camp.

For those who would like to get some more help from us, you are welcome to join the Pre-Boot Camp workshop for 1 day on Sunday, 23rd Feb, from 9:30am to 6pm, at room 204, academic complex, near COEP boat club. You are also welcome to schedule a team meeting with me by prior appointment in the next few days.

 

Detailed syllabus for the 5 day boot camp is attached with this message.

Feb 20th - How to build a Lean Start Up session

In the last 3 weeks, you have clearly identified your business model and you have set it up in Leanstack.com server. Today we will study how to take the next steps

We will meet at Room no. 204 in Academic Complex building which is located next to college boat club. Please bring minimum one laptop per team. Please make sure that you have created your Business Model in Leanstack.com. Many of us have not been able to view your work as collaborators, therefore, please save your business model and other work as pdf files and email it to all faculty.

As usual, all related training materials etc. is stored on the shared Google folder.

Additional 7 or 8 TiE Pune members will join Boot Camp. We are organizing a special make up session for these new participants on Sunday, 23rd 10am to 5pm. Our regular participants, if interested, are also welcome to attend this Sunday extra session.

Look forward to meeting you today evening at 6pm.

Ashok Ranade

Professor (Enterprise Systems).

Production Engineering Department

College of Engineering, Pune

Shivajinagar, Pune 411005

Phone: +91 (20) 2550 7586

Cell: +91 9910104046

email: erp@coep.ac.in

 

Fwd: Lean Stack tool for SUP course participants

Dear Participant,

We have registered an academic account for Lean Stack service for building Business models. Under the academic program, all participants will get 6 months free membership of the service. You can create the free account at this COEP page https://leanstack.com/academic/college-of-engineering-pune. For registration of the free account please use Access Code: AR-LEAN-PUNE.

Leanstack will enable you to create your business model, set up experiments and create reports in collaboration with your team members.

As an example, I have created business model of my start up - "Lean Startup Movement" (LSM). I am trying to bring the Lean Start Up practices to Indian entrepreneurs and organizing the SUP course at COEP-BIEL is the first experiment. Using the leanstack.com tool, I have created the business model and experiments, which are presented in the attached documents.

Please note that the business model canvas format is slightly different than the format that you have studied from the book by Alexander Oscarwalder.

We will discuss the details today at the end of class.

Reminder for today (13th Feb) class

Hello Teams (If someone is missing from this list, please forward to them),

 

Hope you are having fun working with your team members in bringing your dreams to reality.

 

Talking about reality, just sending a quick reality check. Please ensure you do the following before you come to class today:

 

1. Please upload your team presentation on google drive under "0 Project Team Folder/ BM Canvas Version 2" folder. So far, I see only 3 presentations uploaded. Let's make the most use of our time and not waste it in resolving specific upload issues of each team during the class
2. Please bring a copy of your presentation in a pen drive (just in case internet doesn't work)
3. You WILL be presenting in front of the class so please do not bring any excuse on how you were not aware or did not get a chance to prepare
4. If you have not read the first two chapters of the Business Model Generation book, you should think long and hard about why you are doing this course and whether you have it in you do go through much longer hours and way tougher times that you have ahead of you as you build your business.

 

See you all at 5:55pm today. We will have a surprise guest visitor today. I will share more directly in class at the time of arrival.

 

Cheers

Mitesh

 

Re: Validate/ Falsify your hypothesis

Good Morning Sir,

 

Thank You for Your e-mail. The post does lend a different perspective and We will definitely revisit Our Survey to make any changes, if required.

 

Thank You.

 

Have A Wonderful Day Ahead!

 

Best Regards,

Team Khara Sauda

 

From: Ashok Ranade <ashokr@erplabs.ca>
To: ashokr2.ranade@blogger.com
Cc: Abhay Dugad <abhay@sankalptech.com>; Sarang Joshi <sarang.dcapl@hotmail.com>; avisk71 <avisk71@gmail.com>; Kiran Wani <kiranwani2010@gmail.com>; chalapathy7515@rediffmail.com; Darshika Bhayani <darshika.bhayani@gmail.com>; manish patil <mmpatil@gmail.com>; Shrinivas Gramopadhye <shrini26@gmail.com>; diptesh parmar <diptesh.parmar@gmail.com>; Shailendra Savardekar <shailendra.savardekar@gmail.com>; Siddhesh Kulkarni <kulkarni20201@gmail.com>; Arun Paria <arunparia@gmail.com>; Makarand Hiralikar <hirealcons@gmail.com>; priya.bavadekar <priya.bavadekar@gmail.com>; ppbarde2002@gmail.com; Sachin Lokhande <sachinchemba@gmail.com>; Sudhir Dahake <sudhirdahake@gmail.com>; ans4ever4u_009@yahoo.com; saurabh yewalkar <saurabh.yewalkar@gmail.com>; shreyas tikayet <shreyas.tikayet@gmail.com>; Ameet Tadokar <ameet.tadokar@gmail.com>; aniruddha kawade <aakawade9@gmail.com>; Prashant Jotkar <jotkar@gmail.com>; ali0ikechi . <emuknbps@yahoo.co.jp>; rutuljambhekar <rutuljambhekar@gmail.com>; Sneha MHASKE <snehamhaske9491@gmail.com>; Edan Sabooni <edansabooni@gmail.com>; Mayur.pmun@gmail.com; tahirshabbir79@gmail.com; rahul_gangwal@hotmail.com; Sonal Chhajed <chhajedgarden@gmail.com>; Pramod Gurjar <pramod@techrenait.com>; Amarnath Bhat <amar.bhat@oriental-software.com>
Sent: Wednesday, February 12, 2014 9:30 AM
Subject: Validate/ Falsify your hypothesis

Here is an interesting blog post on customer/product validation, a concept that is talked about a lot by Lean start up professionals.

Check this out http://goo.gl/vG7vMI

and send your comments

Validate/ Falsify your hypothesis

Here is an interesting blog post on customer/product validation, a concept that is talked about a lot by Lean start up professionals.

Check this out http://goo.gl/vG7vMI

and send your comments

TiE member participation in SUP course

Dear Rahul, Sonal and Pramod:

Appreciate your quick decision to join the course. We have reserved 5 seats for TiE members and I am glad you have taken the benefit of this opportunity.

• Rahul Gangwal and Prasad Vesanekar will join as a team to launch the business "Lemarc Testing Services & Consultancy"
  
• Sonal and Rushab Chajed will join as a team to launch their business Chajed Garden.
  
• Pramod Gurjar is joining with interest to join one of business teams related to ERP products.
  

All the training material for the course is being shared on Google drive and you will receive an invitation to access this material by a separate message.

All communication with course participants is available at the course blog http://startupprep.blogspot.in/. Please read through all the previous communications from links provided in Blog Archive side panel. This will give you an idea of what have we covered so far.

You are requested to make payment for your course fee either by direct bank transfer to following account or pay by cheque at the COEP office to Ms. Snehal, PRO in the main building of COEP.

Bank Information
Account Name        Director, College of Engineering, Pune A/c B. I. E. L.
Account Number     30652619800
Bank Name             State Bank of India
Branch Address      College of Engineering, Pune
IFSC Code of bank branch        SBIN0010431
Branch Code           10431
MICR Code             411002060
Whether bank branch is NEFT enabled ? (Yes / No)        Yes

Regarding your TiE membership please contact directly TiE office.

Please join us on Thursday, 13th February, in Room no. 204 of the Academic Complex (near college boat club), COEP. Please bring along Laptop and a USB drive. Please try to complete the following tasks before coming to class.

• Read pages 14 – 119 of book "Business Model Generation" by Alexander Osterwalder
  
• Identify your customers. Define customer persona (and put together a list of real names)
  
• Identify value proposition(s) for chosen personas
  
• Update your canvas and be ready to present your updated canvas in the class along with explanation of your activities.
  

with all the best wishes for your new business venture,

Ashok Ranade

Professor (Enterprise Systems)

Production Engineering Department

College of Engineering, Pune

Shivajinagar, Pune 411005

Phone: +91 (20) 2550 7586

Cell: +91 9910104046

email: erp@coep.ac.in

Re: 6th Feb class in Room 204 in Academic complex

Hello Teams,

In addition to this, please do the following:

a) Have a name for your business/team for easy reference (you can always change it later)

b) Upload your 1 slide business model canvas on the google drive with date_yourprojectname as the filename. I am assuming everyone has access to google drive. If not, please contact Prof. Ranade. Getting all the slides uploaded will help us put them on the projector quickly without wasting time

c) Choose one member from your team who will spend 3 minutes explaining your canvas to the class along with key skills in your team and what's missing

I am assuming you have done the following already:

a) You have (or are a part of) a team of at least 3 people

b) You have read first two chapters of Business Model Generation (white book)

See you tomorrow and hope to have an engaging and fun conversations with all of your tomorrow.

Best

Mitesh

On Wed, Feb 5, 2014 at 5:34 PM, Prof. Ashok Ranade, College of Engg, Pune <erp@coep.ac.in> wrote:

Tomorrow we will meet in classroom number 204 in Academic complex, which is the the college boat club. Academic complex is on the other side of NH4 highway. 

When in COEP ask any one where is boat club and then come to Academic complex building which is next to boat club.

Please bring along your lap top and a USB drive. We will have WiFi connectivity to internet from the classroom.

 

As mentioned by Mitesh, make sure you are in the class well before 6pm.

For all previous communications with the SUP class refer my course blog at http://startupprep.blogspot.in/

Ashok Ranade

Professor (Enterprise Systems)

Production Engineering Department

College of Engineering, Pune

Shivajinagar, Pune 411005

Phone: +91 (20) 2550 7586

Cell: +91 9910104046

email: erp@coep.ac.in

6th Feb class in Room 204 in Academic complex

Tomorrow we will meet in classroom number 204 in Academic complex, which is the the college boat club. Academic complex is on the other side of NH4 highway. 

When in COEP ask any one where is boat club and then come to Academic complex building which is next to boat club.

Please bring along your lap top and a USB drive. We will have WiFi connectivity to internet from the classroom.

 

As mentioned by Mitesh, make sure you are in the class well before 6pm.

For all previous communications with the SUP class refer my course blog at http://startupprep.blogspot.in/

Ashok Ranade

Professor (Enterprise Systems)

Production Engineering Department

College of Engineering, Pune

Shivajinagar, Pune 411005

Phone: +91 (20) 2550 7586

Cell: +91 9910104046

email: erp@coep.ac.in

Getting Prepared Checklist 1

Congratulations! Most of you have identified team members who would like to work together to develop a business. You have some high level idea of what business you want to do together. Now you need to get organized and here are a few things that you can take care of immediately.

1. What is the name of your business?
2. Who owns the business?
3. Who are the team members?
4. Who has responsibility for which business function?
• Sales and Marketing?
• Product development and delivery?
• Finance, accounting, HR and Admin?
• CEO ?
5. Sales and Marketing tasks
• Company logo
• Blog
• Social web presence
• Market
• Customer segments
• List of prospective customers
• List of prospective partners
• List of competitors
• Competing, complementary, similar product profiles
• S&M budget
6. Product Development and Delivery
• Competing, complementary, similar product profiles
• Product features wish list
• List of resources required
• List of partners
• List of experts
• PDD Budget
7. Finance, HR, Admin
• Incorporation
• Bank Account
• S&M budget
• PDD budget
• Capital provisioning
• Partner, Promoter, Employee contracts
• Accounting system
• Virtual office set up
8. CEO
• 180 day rolling business plan
• Weekly status reporting system

Please discuss this check list among all your team members and come prepared on Thursday to tell us how you going to do this,

with best wishes for your new venture,

  Ashok Ranade

+1-416-494-7671 (w)

+91 20 2550 7586 (w)

+1-647-864-7671 (c)

+91 9910104046 (c)

Who likes my idea?

The first thing you want  to know is whether people like your business idea. You had a chance to tell others what business you want to do in less than 60 seconds. The time was too short but still participants got a high level concept. They have given their opinion of which ideas they think are good. I have summarized what participants have selected as good ideas. 

Now start preparing to recruit team members for your project. To execute the project in this course, you must have minimum 3 team members. Some of you have already joined the course as a team of 2 persons. Such teams will need to recruit minimum 1 more team member. Ideally, you should try to recruit 2 more to make the team size of 4. Now please find out from the attached spreadsheet, who liked your idea. These participants, who already like your idea, are very likely to join your team. Call them, email them, try to meet them, take them out for a dinner or a coffee. You have to do every thing to sell them your idea. In real life, if you can not find people to join your team then your business will never be able to take off.

If you need any help, then call me.

Good luck for your new venture,

Ashok Ranade

Professor (Enterprise Systems)

Production Engineering Department

College of Engineering, Pune

Shivajinagar, Pune 411005

Phone: +91 (20) 2550 7586

Cell: +91 9910104046

email: erp@coep.ac.in