Thursday, March 15, 2007

Entrepreneurial Project

As a part of the course here at Said Business School, we are expected to for a team of five and make a business plan for an original idea of ours. Its referred to as the Entrepreneurial project or EP, and is compulsory.

Apart from making the business plan, we also have to make a pitch in front of VCs (who are from the industry). The pitch happens in this term, and we get feedback, which we can incorporate before we submit the business plan on the first day of next term.

My presentation is today. I cannot give details of my project here ...... Dont want to give away our million dollar idea. But it has been interesting... doing all the background work, sizing the market, drafting our value proposition, then making the marketing and operational plans, and most importantly doing the financials - projecting the NPV, IRR, estimating the Enterprise Value, etc. etc.

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