FOE+Fall+2012

= MGT 386 - Foundations of Entrepreneurship =

//Catalog description//: "Emphasis is on how to manage a small company and operate it profitably. Special attention is given to the problems of different types of small enterprises, such as those in retail, service, franchise, and manufacturing industries." 3 Credit hours"


 * = Key deliverables and dates: =
 * Exam 1 - September 27
 * Exam 2 - November 8
 * $10 business diaries - August 31, September 7, 14, 21, 28
 * Student Pitches - October 11
 * Opportunity Registers due: October 30, November 9, //**November 30 **// - Read how to submit opportunity registers here
 * Business plan presentations - last week of semester

Syllabus || == MGT 386 Calendar ==
 * [|Details]
 * [[file:profcraigarmstrong/MGT386-003_Syllabus_Fall2012.doc|Download]]
 * 86 KB

Some tips forLogo Design
**Build-up Method for Pro Forma Financials** ||
 * ==Now and Before== || ==Coming Soon== ||
 * == Fall 2012 Semester == ||  ||
 * == Week 15 ==
 * November 27**
 * Teamwork in class SEE [[image:http://www.wikispaces.com/i/mime/32/application/vnd.openxmlformats-officedocument.spreadsheetml.sheet.png width="32" height="32" caption="MGT 386 Fall 2012 assignments.xlsx" link="file:profcraigarmstrong/MGT 386 Fall 2012 assignments.xlsx"]] [[file:profcraigarmstrong/MGT 386 Fall 2012 assignments.xlsx|MGT 386 Fall 2012 assignments.xlsx]]
 * [|Details]
 * [[file:profcraigarmstrong/MGT 386 Fall 2012 assignments.xlsx|Download]]
 * 9 KB
 * Preview use of google docs for written plans
 * My goal is for you to be able to complete as much of your written plan as possible during class time. Do not simply assign responsibilities to each other and then defer action to the future.

Team assignments
 * in Projects section of wiki

Here is your Excel template for revenue and cost assumptions
 * [|Details]
 * [[file:profcraigarmstrong/Simplified revenues and costs worksheet with income statement.xlsx|Download]]
 * 18 KB


 * November 29**
 * Teamwork in class

//**Business plan project team assignments have been posted to the Projects section of this wiki and sent by email.**//

Week 14
November 20
 * Lecture cancelled for student travel

November 22 //Thanksgiving Break//

Week 13
November 13 65% of your course grades are in the book. You have remaining:
 * Business plan and presentation (15%)
 * Graded opportunity register (20%)

Review exam 2

[ Link to view pitches and choose 3 ideas will be placed here **]**
 * By midnight on Wednesday, November 14:**
 * Pick 3 different venture ideas you would be willing to pursue in a business plan**

November 15 Note: I am still updating your exam 2 scores - changes will appear in eLearning by this weekend. Entrepreneurial manager skills and team skills for business planning
 * Team projects**
 * [|Details]
 * [[file:profcraigarmstrong/The Entrepreneurial Manager.pptx|Download]]
 * 55 KB
 * [|Details]
 * [[file:profcraigarmstrong/Team skills for business planning.ppt|Download]]
 * 315 KB

Week 12 - Slides for Exam 2
Chapter 13 - Intellectual property|| ||
 * [|Details]
 * [[file:profcraigarmstrong/Exan 2 Fall 2012 slides.ppt|Download]]
 * 3 MB
 * November 6**
 * ch13.ppt ||
 * [|Details]
 * [[file:profcraigarmstrong/ch13.ppt|Download]]
 * 827 KB


 * [[image:http://www.wikispaces.com/i/mime/32/application/vnd.openxmlformats-officedocument.presentationml.presentation.png caption="Protecting trademark names.pptx" link="file:profcraigarmstrong/Protecting trademark names.pptx"]] ||
 * Protecting trademark names.pptx ||
 * [|Details]
 * [[file:profcraigarmstrong/Protecting trademark names.pptx|Download]]
 * 402 KB
 * Read: Chapter 13 and Tim Paterson
 * Protect your product's look and feel from imitators
 * Example of Trademark protection efforts - "certain foam footwear" (ITC, 2006)
 * USPTO report on Intellectual Property and the US Economy (March, 2012)
 * [[image:profcraigarmstrong/crocs_images.jpg caption="crocs_images.jpg" link="@http://www.usitc.gov/press_room/news_release/2006/er0508dd1.htm"]] ||
 * Worthy of imitation? ||

See also: Crocs

Exam II
 * November 8 - Closed book, no notes, 50-66 multiple-choice questions from Chapters 6-13**

Week 11
October 30 Chapter 11 - Debt and other forms of financing @http://www.polleverywhere.com/multiple_choice_polls/NTA2NjY1Mzkx
 * [[image:http://www.wikispaces.com/i/mime/32/application/vnd.openxmlformats-officedocument.presentationml.presentation.png caption="Debt Funding.pptx" link="file:profcraigarmstrong/Debt Funding.pptx"]] ||
 * Debt Funding.pptx ||
 * [|Details]
 * [[file:profcraigarmstrong/Debt Funding.pptx|Download]]
 * 145 KB
 * [[image:http://www.wikispaces.com/i/mime/32/application/vnd.ms-powerpoint.png caption="ch11.ppt" link="file:profcraigarmstrong/ch11.ppt"]] ||
 * ch11.ppt ||
 * [|Details]
 * [[file:profcraigarmstrong/ch11.ppt|Download]]
 * 281 KB

November 1 Chapter 12 - Legal and tax issues

@http://www.polleverywhere.com/multiple_choice_polls/LTQyMjI3MjE2NQ What is a Regulation D offering?
 * [[image:http://www.wikispaces.com/i/mime/32/application/vnd.ms-powerpoint.png caption="ch12.ppt" link="file:profcraigarmstrong/ch12.ppt"]] ||
 * ch12.ppt ||
 * [|Details]
 * [[file:profcraigarmstrong/ch12.ppt|Download]]
 * 339 KB

Week 10
//Complete Autoshop assignment by beginning of class// October 23 //**Chapter 9 - Opportunity Register Workshop**//

October 25 The Working Capital Cycle explained!

Chapter 10 - Raising money for starting and growing businesses
 * [[image:http://www.wikispaces.com/i/mime/32/application/vnd.ms-powerpoint.png caption="ch10.ppt" link="file:profcraigarmstrong/ch10.ppt"]] ||
 * ch10.ppt ||
 * [|Details]
 * [[file:profcraigarmstrong/ch10.ppt|Download]]
 * 214 KB


 * [|Details]
 * [[file:profcraigarmstrong/Earnings Capitalization Method.xlsx|Download]]
 * 9 KB

Week 9
October 16 Chapter 7 - The business planning process //** It is now due by beginning of class October 23 Click here to complete your assignment. **//
 * Don't worry about this - there is no "Out of class assignment - Autoshop business plan critique" due today. **

October 18

Chapter 8 - Building your pro forma financial statements


 * [[image:http://www.wikispaces.com/i/mime/32/empty.png caption="ch08_CArev.ppt" link="file:profcraigarmstrong/ch08_CArev.ppt"]] ||
 * ch08_CArev.ppt ||
 * [|Details]
 * [[file:profcraigarmstrong/ch08_CArev.ppt|Download]]
 * 62 KB

Week 8
Chapters 6 of text Chapter 6 - Building the founding team Building the Founding Team Revisit pitching an idea - **See PITCHES**
 * October 9**

Student pitches due Post your pitching video to the MGT 386 team projects page /Identify a Big Pain/MGT 386 Fall 2012/Your Brilliant Pitch for a New Venture Opportunity
 * October 11**

Week 7
Review Exam I - http://profcraigarmstrong.wikispaces.com/MGT+386+Exam+I+Stats+Fall+2012 Work on $10 business re-cap
 * October 2**

Fall Break
 * October 4**


 * October 6**

**10-Dollar business analysis due by midnight**

 * [[image:http://www.123glitter.com/animated/58/a.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/58/s.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/58/s.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/58/i.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/58/g.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/58/n.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/58/m.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/58/e.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/58/n.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/58/t.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]] [[image:http://www.123glitter.com/animated/58/d.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/58/u.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/58/e.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]] ||

==Submit your Fifth Diary 10-dollar Business by midnight, September 28==

Week 6
Exam 1 Preparation All questions on the exam will come solely from these slides:
 * September 25**


 * [|Details]
 * [[file:profcraigarmstrong/FOE Chapters 1 through 5 Exam I slides revised sep 25.ppt|Download]]
 * 1 MB


 * I will post a link to a practice exam here by the end of Sep 25**

Exam 1 - 50 questions covering Chapters 1 through 5
 * September 27**

==Submit your Fourth Diary 10-dollar Business by midnight, September 21==

Week 5
Read Chapter 4 of text prior to class Lecture: Chapter 4 topics - Understanding your business model and developing your strategy
 * September 18**


 * [[image:http://www.123glitter.com/animated/50/h.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/50/o.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/50/m.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/50/e.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/50/w.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/50/o.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/50/r.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/50/k.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]] ||


 * Homework - The Collapse of Webvan - due //before class// on Thursday, September 20.**


 * September 20**
 * 1) **Pitch of the Day: Action Figure Laboratories**
 * 2) **Results of Webvan Case Analysis**
 * 3) **CNBC on Webvan collapse**
 * 4) **More business models**
 * **Use the business model archetypes in conjunction with the Business Model Canvas**
 * **Use the business model analogies to discover new ways to provide goods or services**
 * [|Details]
 * [[file:profcraigarmstrong/STWS_Business_Model_Archetypes.pdf|Download]]
 * 53 KB
 * [|Details]
 * [[file:profcraigarmstrong/STWS_Business_Model_Analogies.pdf|Download]]
 * 62 KB

Read Chapter 5 of text prior to class Lecture: Chapter 5 topics - Entrepreneurial Marketing

==Don't forget to submit by midnight, September 14, your Third Diary 10-dollar Business==

Week 4
Read chapter 2 of text prior to class Lecture: Chapter 2 topics
 * September 11**

Chapter 2 - The entrepreneurial process
 * [|Details]
 * [[file:profcraigarmstrong/ch02_BW.ppt|Download]]
 * 104 KB

Read chapter 3 prior to class Lecture: Chapter 3 topics Chapter 3 - Opportunity recognition, shaping, and re-shaping Value Chain of Gourmet Chili Exercise: Target Audience Worksheet
 * September 13**
 * [|Details]
 * [[file:profcraigarmstrong/ch03_B&W.ppt|Download]]
 * 205 KB


 * September 4 **

A few words about diary entries
Diary entries are supposed to be a form of reflective learning in which you write down what you thought about, what you did, and what you think you need to do next with regard to your $10 business project. Otherwise, there are no guidelines for "acceptable" submissions. What matters more is that you submit them by midnight each Friday during the project.


 * Buy Perfect Cupcake!
 * In praise of the experimenter

Pitching > || How to pitch a brilliant idea.ppt || > - [|Details] -  - 14 KB
 * Lecture topics:**
 * How to pitch a brilliant idea (Elsbach, HBR, 2003)|| [[image:http://www.wikispaces.com/i/mime/32/application/vnd.ms-powerpoint.png caption="How to pitch a brilliant idea.ppt" link="file:profcraigarmstrong/How to pitch a brilliant idea.ppt"]] ||
 * Exercise: __Evaluating student pitches__ (link only works in class)

More pitches*
 * Maid to Order (8:14)
 * The Wand Company (12:00)

Read Chapter 1 in advance of September 6 lecture and articles posted on PITCHES

Ecopreneuring - Rent a Green Box The fall of Groupon Lecture slides
 * September 6 **
 * [|Details]
 * [[file:profcraigarmstrong/ch01_FOE.ppt|Download]]
 * 1 MB

Week 2
August 28 Opener - a quick tour of course files available for you

Topics

 * What is an opportunity? - http://profcraigarmstrong.wikispaces.com/Opportunities
 * Entrepreneurial opportunities [[image:http://www.wikispaces.com/i/mime/32/application/vnd.openxmlformats-officedocument.presentationml.presentation.png width="32" height="32" caption="Entrepreneurial opportunities.pptx" link="file:profcraigarmstrong/Entrepreneurial opportunities.pptx"]] [[file:profcraigarmstrong/Entrepreneurial opportunities.pptx|Entrepreneurial opportunities.pptx]]
 * [|Details]
 * [[file:profcraigarmstrong/Entrepreneurial opportunities.pptx|Download]]
 * 241 KB
 * Opportunity shaping and reshaping - stop at slide 13 [[image:http://www.wikispaces.com/i/mime/32/application/vnd.ms-powerpoint.png width="32" height="32" caption="Opportunity Recognition Shaping & Reshaping.ppt" link="file:profcraigarmstrong/Opportunity Recognition Shaping & Reshaping.ppt"]] [[file:profcraigarmstrong/Opportunity Recognition Shaping & Reshaping.ppt|Opportunity Recognition Shaping & Reshaping.ppt]]
 * [|Details]
 * [[file:profcraigarmstrong/Opportunity Recognition Shaping & Reshaping.ppt|Download]]
 * 5 MB
 * Exercise - Tuscaloosa Karaoke
 * Homework due midnight, August 29 Tuscaloosa Karaoke


 * [[image:http://www.123glitter.com/animated/50/h.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/50/o.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/50/m.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/50/e.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/50/w.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/50/o.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/50/r.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/50/k.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]] ||


 * August 30 **

=== Tomorrow's lecture for MGT 386 will not be held in the classroom at the appointed time of 2pm. Instead, I will provide a series of materials on the course wiki to serve as a substitute for that particular lecture. ===

In short:# You do not need to come to class tomorrow. **Let me know if you have any questions. Several of you still need to join the course wiki, so please do so as soon as possible!** **Also, if you did not receive an email about this change in schedule from me (MGT386@gmail.com) at 4:30pm Wednesday, please send an email toMGT386@gmail.com indicating that you want to be added to my contacts for this course.**
 * 1) You will receive instructions from me on how to complete a "vritual lecture" by tomorrow morning.
 * 2) You still need to do the opportunity evaluation homework that's due tonight
 * 3) You still need to submit your first $10 business diary by midnight Friday.

December 4 December 6 //Business plan presentations// || August 23 ==**see the results here** **also see this word cloud on your answers**==
 * August 31 **
 * First $10 business diary due: Submit your entry here**
 * == Week 16 ==
 * ==Week 1==
 * Preview syllabus [[image:http://www.wikispaces.com/i/mime/32/application/msword.png width="32" height="32" caption="MGT386-003_Syllabus_Fall2012.doc" link="file:profcraigarmstrong/MGT386-003_Syllabus_Fall2012.doc"]] [[file:profcraigarmstrong/MGT386-003_Syllabus_Fall2012.doc|MGT386-003_Syllabus_Fall2012.doc]]
 * [|Details]
 * [[file:profcraigarmstrong/MGT386-003_Syllabus_Fall2012.doc|Download]]
 * 86 KB
 * http://profcraigarmstrong.wikispaces.com overview
 * Google docs - Getting to know you
 * Communications - email me at mgt386@gmail.com ||  ||
 * || [[image:http://www.123glitter.com/animated/4/h.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/4/o.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/4/m.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/4/e.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/4/w.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/4/o.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/4/r.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]][[image:http://www.123glitter.com/animated/4/k.gif caption="Myspace Glitter" link="http://www.123glitter.com/"]] ||
 * Homework - Due by midnight Sunday, Aug 26**
 * click on this link --> for the Capitalism has an image problem? homework**