entrepreneurship lecture and workshop 01

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    mgr in. Magdalena Piastka (Kurowska), MSc

    ENTREPRENEURSHIPSESSION 1

    Technical University of Lodz

    International Faculty of Engineering

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    CONTENTS

    Todays session:

    Networking

    Introduction to the Entrepreneurship course course contents

    Introduction to the Entrepreneurship course teaching andassessment methods

    Perception of enterprise and entrepreneurship

    General rules and contact details

    Group task

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    ENTREPRENEURSHIP COURSE

    Expectations?

    Wulffmorgenthaler, 2011-01-28

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    ENTREPRENEURSHIP COURSE

    Expectations?

    anonymous exercise

    write down what your expectationsof this course are

    what knowledgewould you like to gain?

    what skillsdo you expect to develop?

    how will it change you?

    where are you likely to use this knowledge and skills in thefuture?

    We will come back to those at the end of the course

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    Course objectives:

    to provide knowledge necessary to understand the nature of SME

    sector and the theories and models of entrepreneurship

    to allow students to be able to apply in practice the knowledge of

    processes necessary to start and run a small business

    to enable students to develop their own enterprise skills

    to allow for considering self-employment as a career option

    ENTREPRENEURSHIP COURSE

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    Course contents:

    1.Enterprise and entrepreneurship - theory and concepts

    2.Enterprise skills and personal development

    3.Creativity and idea development - business feasibility

    4.Small business organisation and legal structure

    5.Sales, marketing and customer management

    6.Operations

    7.Risk management8.Financial issues for a small business

    9.Business growth and development

    10.Business plan

    ENTREPRENEURSHIP COURSE

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    Course contents recommended reading:

    Steve Parks "Start your business week by week", Pearson Books,London, 2005

    Rory Burke "Entrepreneurs Toolkit", Gazelle Books/BurkePublishing, Lancaster 2006

    other books as well

    variety of good resources available

    some good online repositories

    ENTREPRENEURSHIP COURSE

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    NETWORKING

    What would you compare yourself to?

    For a moment think on which renowned product or service wouldyou compare yourself to

    Consider the catchphrases, marketing approaches taken by the

    company, adverts or maybe USPs or specific features?

    In turn each will try to explain what product or service they aresimilar too and why

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    NETWORKING

    What would you compare yourself to?

    Example

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    Teaching methods:

    lectures: 15 hours and tutorials: 30 hours altogether 15sessions 3 hours each

    delivered in the form of workshops mix both elements,

    proportions may change week to week, less structured

    individual work and group work

    case studies, discussions, role-plays, debate, presentations,homework tasks, interviews, simulations

    familiarise with theory, practice it during tutorials, reflect on yourlearning

    ENTREPRENEURSHIP COURSE

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    Teaching methods - assessment:

    group presentation (30%), written business portfolio (70%)

    possibility to gain extra points as a result of exercises and tasks

    elements of the business portfolio and the final presentation willpartially result from respective tutorials

    ENTREPRENEURSHIP COURSE

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    Perception of enterprise and entrepreneurship:

    different for different people, influences by our experiences,multi-layered

    in pairs or groups of three come up with a metaphoror analogythat best describes what starting and running a business is like

    prepare a poster illustrating your metaphor and some argumentsor examples of why it is appropriate

    TIME: 15-20 minutes until 6pm

    ENTREPRENEURSHIPMETAPHOR EXERCISE

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    R

    Running a business is quite like a circus:

    you have to give the audience what they want, sometimes you have to bend overbackwards, it is risky (walking a tightrope, taming a lion), its hard work and long

    hours, it takes you places youve never been before, it makes you experienceweird things etc.

    ENTREPRENEURSHIPMETAPHOR EXERCISE

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    Running a business is quite like ?:

    Running a business is quite like ?:

    Running a business is quite like ?:

    Running a business is quite like ?:

    ENTREPRENEURSHIPMETAPHOR EXERCISE

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    Running a business is quite like gambling:

    Game, not to be predicted, nerves, belief, addictive, follow your gut, have aninspiring goal, look out for others, risky

    Running a business is quite like walking through a labyrinth:Not always aware of he best way, traps, long and tiresome, can get lost, one has

    to backtrack

    Running a business is quite like playing football:

    Manage a team, take risk, strategy, coordinate skills of players, adapt,

    Running a business is quite like household/farm:

    Many roles and duties, must make money, has to do with herding

    ENTREPRENEURSHIPMETAPHOR EXERCISE

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    GENERAL RULES

    What is expected and what can be expected:

    presence during lectures and tutorials not always as in yourtimetable:

    if absent, inform in advance when possible

    more than 2 absences may be reflected in your grade

    attendance list

    activity and participation, lower level of formality where possible

    individual work and team work (in teams, only the overalloutcome is assessed and result/grade shared by all)

    English, English, English

    contact details for the group: e-mail, mobile, representative

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    GENERAL RULES

    What is expected and what can be expected:

    constructive feedback

    communication:

    e-mails and mobile (within reason)

    mailing list and materials/slides

    surgery hours to be confirmed

    flexibility in terms of start/finish times and breaks, when

    possible earlier start times if suits all

    some humour and fun

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    GENERAL RULES

    What is expected and what can be expected:

    constructive feedback

    communication:

    e-mails and mobile (within reason)

    mailing list and materials/slides

    surgery hours to be confirmed

    flexibility in terms of start/finish times and breaks, when

    possible earlier start times if suits all, but be on time

    some humour and fun

    Are there any questions?

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    CONTACT DETAILS

    mgr in. Magdalena Kurowska, MSc

    [email protected]

    (+48) 503 008 028

    Surgery hoursby appointment only:

    + no regular surgery hours

    + individual meetings arranged as needed

    + available before or after Negotiations class on Mondays and

    Tuesdays(5pm 7:30pm)

    Gmail: management.ife13password: myturzadzimy

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    NETWORKING

    PRODUCTS AND SERVICES:

    I am like... because

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    TASK - INTERVIEW

    As there is some time until our next classes you are given a group task

    Prepare in groups of 3-5 people to conduct an interview with someoneyou know who runs their own business

    think about whom to choose family, friend, local business you are a customer

    of?

    think of the technology you can use instead of face-to-face Skype?

    see the list of interview questions

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    TASK - INTERVIEW

    1. What has motivated you to start your own business?

    2. What influence, positive and negative, running a business has on your private life?3. What traits of character are in your opinion useful when one decides to start and run their own

    business?

    4. How has starting and running your business changed you?

    5. According to you what is the greatest benefit of being self-employed?

    6. What do you consider to be your biggest mistake so far? What would you have donedifferently?

    7. What has running your company taught you so far? What is the most important lesson learnt?

    8. What role does a network of contacts play in your business? How do you establish new

    contacts and maintain the network you already have?

    9. What is your companys greatest success to date?10.What advice would you give to a person who is interested in starting their own business?

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    TASK - INTERVIEW

    Prepare in groups of 3-5 people to conduct an interview with someone

    you know who runs their own business

    think about whom to choose family, friend, local business you are a customerof?

    think of the technology you can use instead of face-to-face Skype?

    see the list of interview questions

    in groups, come up with other things you would be interested in findingout what questions can help you understand better what itslike to be anentrepreneur?

    decide on 3 to 5 extra questions

    write-up the results of your interview (can be anonymous for the business, butshould include some description of what the business is about) and write asummary/findings paragraph what did you discover? How was this experienceuseful for you (this should be 1-2 pages A4)

    prepare to discuss your findings during classes, bring printouts 27th March

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    ONE LAST THING

    PERSONAL REFLECTION:

    Hopefully during this course you will experience new things, gainnew skills and reassess your personal boundaries and comfortzones:

    find some quiet time for yourself and think back to today whatwere we doing?

    what did you expect of this session? How was this sessiondifferent to your expectations?

    have you learnt anything? Would you do anything differently?

    was there a moment you felt outside of your comfort zone? Why?Could you change that?

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    SUMMARY

    Todays session:

    Networking

    Introduction to the Entrepreneurship course course contents

    Introduction to the Entrepreneurship course teaching andassessment methods

    Perception of enterprise and entrepreneurship

    General rules and contact details

    Group task

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    THANK YOU!