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  • 1.  Lean Canvas vs. Traditional Business Plan Model

    Posted 07-09-2015 16:02

    Hi, Billy,

     

    Great to hear from you. I'm enthused about the new, blended entrepreneurship class that I will teach starting this fall, using the lean canvas. Because of the interest this topic has generated recently, I have decided to cc: the ENT listserv.

     

    Here goes: this fall, I am team-teaching a freshman "U-Course" with a colleague, where the 100 enrolled students will not be in a lecture room, but in a high-tech, "makerspace" classroom. Students will be grouped into teams of ten using CATME software, they will learn skills with Grovo training software, and most of all, each of the ten groups will start their own business.

     

    The business can be a commercial enterprise, a social enterprise, or a not-for-profit (As an accounting professor, I will make sure they get a heavy dose of revenue and cost projections using Excel...all students will master basic spreadsheet software during the course, without using debits and credits; see this video if you want a taste of how I will do this). Students will work very hard early on to understand the customer/user, and whether anyone might be  interested in buying the goods or services to increase the gain or reduce the pain of the status quo.

     

    Much of their homework coming into class each day will be videos and small assignments, where they will keep a running journal for their answers and reflections each week. This is in line with the flipped classroom model. The only required book for the class is Running Lean. All other materials are provided free of charge, except for the clickers.

     

    Each group of ten students will have one junior or senior business major hired to be their mentors. This is consistent with the "Supplemental Instruction" movement.

     

    Students earn six units of credit: 3 for math and three for business. We call the course "The Digital World." My colleague, Dr. Kent Sandoe, and I will not lecture. At the start of each 2.5 hour, we give a brief clicker "intro" quiz. Then, Kent and I will "brief" the class for 15 minutes; next hour, they will have an in-class activity (e.g., guest presenters, TedX video, debates about classical capitalism (Milton Friedman) or conscious capitalism (John Mackey), and several civic engagement exercises. In the last 45 minutes, after break, they will work exclusively on their lean canvas and take a brief "outro" clicker quiz.

     

    At the end of the semester, Kent and I will try to help the top one or two businesses find startup funding.

     

    I really want to say thanks to Norris, and also to Doan Wankel, for helping me understand that entrepreneurship needs to be taught by "getting out of the building" (as Ash Maurya says!). Practice trumps theory.

     

    And like Doan, I plan to put myself in the shoes of the students and complete my own lean canvas along with the students. My basic business idea is to teach basic accounting to non-accounting students and entrepreneurs, without memorizing useless steps in a ten step cycle that requires students to memorize debits and credits. If you watch my video (link above), you will see what I mean. What's a good name for the business? J ACCT 101 for Entrepreneurs?

     

    One last note: as a co-curricular activity, students will be encouraged to join the Students for the Advancement of Global Entrepreneurship team that I advise.

     

    As Kent and I develop the syllabus, we would be happy to share. Let me know if you'd like a copy!

     

     

    Miles of Smiles,

     

    Curt

    Dr. Curtis L. DeBerg

    College of Business

    California State University, Chico

    Chico, CA 95929-0011

    530-898-4824 (phone)

    cdeberg@csuchico.edu

    Skype: cdeberg

    Founder, SAGEGLOBAL (http://sageglobal.org)

     

     

     

     

    From: Billy O'Steen [mailto:billy.osteen@canterbury.ac.nz]
    Sent: Thursday, July 09, 2015 12:29 PM
    To: DeBerg, Curtis
    Subject: RE: Korean Government to Host Global Entrepreneurship Competition

     

    Hi Curtis,

    Thanks for your posting!

    I'm interested in hearing more about your thoughts about the business plan v social lean canvas as I've just started using the latter with students in a course about post-disaster social innovation.

    Take care,
    Billy

     

    Dr Billy Osteen, Associate Professor of Community Engagement
    Deputy Head of School, School of Educational Studies & Leadership
    Director, UC Community Engagement Hub
    University of Canterbury
    Christchurch, New Zealand

    Keep up with the activities of the UC Community Engagement Hub at www.facebook.com/UCCommunityEngagement and tag any posts with #UCCommunityEngagement

    p: 64 3 364 2851
    m: 027 956 9511
    e:  billy.osteen@canterbury.ac.nz
    w: www.education.canterbury.ac.nz/edstudies/people/osteen.shtml

     
    ************************************** This message is from ENTREP which is sponsored by the Entrepreneurship Division of the Academy of Management. Please do not post messages with attached files. Commercial messages or spammed messages are not allowed on the list. The use of auto-responder "out-of-office" messages may also lead to your removal from the list. You can manage your subscription options, including joining or leaving the list here: http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep&A=1 If you have questions or need help, please contact Dr. John Bunch jbunch@benedictine.edu. Ventures HO!


  • 2.  Lean Canvas vs. Traditional Business Plan Model

    Posted 07-09-2015 22:16
    Hi -

    It's a pleasure to encourage folks to get their students out of the building. And also would be a pleasure to get anyone in trouble who'd like to be!

    I would love a copy of your syllabus when you develop it. I'd be happy to share mine as well. I'm using a one month run at Online Venture Challenge (http://onlineventurechallenge.com/), and also using Diana Kander's All In Startup book (http://www.dianakander.com/book.html), and having students individually starting their own business. Tons of craziness and experiential stuff. Follow along at www.teachinglean.com and let me know thoughts, feedback (constructive is always more developmental than cheerleading!)

    Doan Winkel
    Assistant Professor of Entrepreneurship
    Illinois State University
    (309) 438-2736
    http://www.teachinglean.com/
    Twitter: @Trep_Ed
    LinkedIn: linkd.in/MPkBDA
    Facebook: https://www.facebook.com/doan.winkel
    ________________________________________
    From: Norris Krueger [norris.krueger@gmail.com]
    Sent: Thursday, July 09, 2015 9:02 PM
    To: DeBerg, Curtis
    Cc: Winkel, Doan; Colleen Robb
    Subject: Re: [ENTREP] Lean Canvas vs. Traditional Business Plan Model

    Thanking Doan & me *could* get you in trouble! :)

    Go get 'em, Curtis!


    Norris

    "How can I help you to grow entrepreneurs?"
    Norris Krueger, Ph.D.
    Entrepreneurship Northwest
    208.440.3747
    www.about.me/norriskrueger<http://www.about.me/norriskrueger>



    On Thu, Jul 9, 2015 at 2:01 PM, DeBerg, Curtis <CDeBerg@csuchico.edu<mailto:CDeBerg@csuchico.edu>> wrote:
    Hi, Billy,

    Great to hear from you. I’m enthused about the new, blended entrepreneurship class that I will teach starting this fall, using the lean canvas. Because of the interest this topic has generated recently, I have decided to cc: the ENT listserv.

    Here goes: this fall, I am team-teaching a freshman “U-Course” with a colleague, where the 100 enrolled students will not be in a lecture room, but in a high-tech, “makerspace” classroom. Students will be grouped into teams of ten using CATME software, they will learn skills with Grovo training software, and most of all, each of the ten groups will start their own business.

    The business can be a commercial enterprise, a social enterprise, or a not-for-profit (As an accounting professor, I will make sure they get a heavy dose of revenue and cost projections using Excel…all students will master basic spreadsheet software during the course, without using debits and credits; see this video<https://www.youtube.com/watch?v=Wg1jnLG-bqQ> if you want a taste of how I will do this). Students will work very hard early on to understand the customer/user, and whether anyone might be interested in buying the goods or services to increase the gain or reduce the pain of the status quo.

    Much of their homework coming into class each day will be videos and small assignments, where they will keep a running journal for their answers and reflections each week. This is in line with the flipped classroom model<http://contentbuilder.merlot.org/toolkit/html/snapshot.php?id=29541695704257>. The only required book for the class is Running Lean. All other materials are provided free of charge, except for the clickers.

    Each group of ten students will have one junior or senior business major hired to be their mentors. This is consistent with the “Supplemental Instruction<http://courseredesign.csuprojects.org/wp/supplemental-instruction/>” movement.

    Students earn six units of credit: 3 for math and three for business. We call the course “The Digital World.” My colleague, Dr. Kent Sandoe, and I will not lecture. At the start of each 2.5 hour, we give a brief clicker “intro” quiz. Then, Kent and I will “brief” the class for 15 minutes; next hour, they will have an in-class activity (e.g., guest presenters, TedX video, debates about classical capitalism (Milton Friedman) or conscious capitalism (John Mackey), and several civic engagement exercises. In the last 45 minutes, after break, they will work exclusively on their lean canvas and take a brief “outro” clicker quiz.

    At the end of the semester, Kent and I will try to help the top one or two businesses find startup funding.

    I really want to say thanks to Norris, and also to Doan Wankel, for helping me understand that entrepreneurship needs to be taught by “getting out of the building” (as Ash Maurya says!). Practice trumps theory.

    And like Doan, I plan to put myself in the shoes of the students and complete my own lean canvas along with the students. My basic business idea is to teach basic accounting to non-accounting students and entrepreneurs, without memorizing useless steps in a ten step cycle that requires students to memorize debits and credits. If you watch my video (link above), you will see what I mean. What’s a good name for the business? ☺ ACCT 101 for Entrepreneurs?

    One last note: as a co-curricular activity, students will be encouraged to join the Students for the Advancement of Global Entrepreneurship<http://www.csuchico.edu/cob/news/sage-global-entrepreneurship-competition-2015.shtml> team that I advise.

    As Kent and I develop the syllabus, we would be happy to share. Let me know if you’d like a copy!


    Miles of Smiles,

    Curt
    Dr. Curtis L. DeBerg
    College of Business
    California State University, Chico
    Chico, CA 95929-0011
    530-898-4824<tel:530-898-4824> (phone)
    cdeberg@csuchico.edu<mailto:cdeberg@csuchico.edu>
    Skype: cdeberg
    Founder, SAGEGLOBAL (http://sageglobal.org<http://sageglobal.org/>)




    From: Billy O'Steen [mailto:billy.osteen@canterbury.ac.nz<mailto:billy.osteen@canterbury.ac.nz>]
    Sent: Thursday, July 09, 2015 12:29 PM
    To: DeBerg, Curtis
    Subject: RE: Korean Government to Host Global Entrepreneurship Competition

    Hi Curtis,

    Thanks for your posting!

    I'm interested in hearing more about your thoughts about the business plan v social lean canvas as I've just started using the latter with students in a course about post-disaster social innovation.

    Take care,
    Billy

    Dr Billy Osteen, Associate Professor of Community Engagement
    Deputy Head of School, School of Educational Studies & Leadership
    Director, UC Community Engagement Hub
    University of Canterbury
    Christchurch, New Zealand

    Keep up with the activities of the UC Community Engagement Hub at www.facebook.com/UCCommunityEngagement<http://www.facebook.com/UCCommunityEngagement> and tag any posts with #UCCommunityEngagement

    p: 64 3 364 2851
    m: 027 956 9511
    e: billy.osteen@canterbury.ac.nz<mailto:billy.osteen@canterbury.ac.nz>
    w: www.education.canterbury.ac.nz/edstudies/people/osteen.shtml<http://www.education.canterbury.ac.nz/edstudies/people/osteen.shtml>
    ________________________________



    ************************************** This message is from ENTREP which is sponsored by the Entrepreneurship Division of the Academy of Management. Please do not post messages with attached files. Commercial messages or spammed messages are not allowed on the list. The use of auto-responder "out-of-office" messages may also lead to your removal from the list. You can manage your subscription options, including joining or leaving the list here: http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep&A=1 If you have questions or need help, please contact Dr. John Bunch jbunch@benedictine.edu<mailto:jbunch@benedictine.edu>. Ventures HO!

    **************************************
    This message is from ENTREP which is sponsored by the Entrepreneurship Division of the Academy of Management.

    Please do not post messages with attached files. Commercial messages or spammed messages are not allowed on the list. The use of auto-responder "out-of-office" messages may also lead to your removal from the list.

    You can manage your subscription options, including joining or leaving the list here:
    http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep&A=1

    If you have questions or need help, please contact Dr. John Bunch jbunch@benedictine.edu.

    Ventures HO!