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  • 1.  Simple checklists for rating/scoring/ranking business ideas?

    Posted 12-07-2015 16:40

    I am seeking your recommendations for quick and easy checklists that a student could use to rate/score/rank their business ideas. Currently my students employ the First Screen found in Bruce Barringer's "Preparing Effective Business Plans" book.  He looks at 25 things on a three point scale. I am looking for tools like that which are similar but different so that my students can not only use a few tools but also learn about subjectivity by comparing and contrasting various rating mechanisms. What do you recommend? I am hoping that there are things out there which are not buried inside of expensive books...  

     

    Geoff Archer, PhD, Associate Professor & Director

    Eric C. Douglass Centre for Entrepreneurial Studies | Royal Roads University

    T 250.391.2600 ext. 4207 | F 250.391.2610

    2005 Sooke Road, Victoria, BC  Canada  V9B 5Y2 | royalroads.ca

     

    Twitter: @GeoffArcherPhD

     

    ************************************** 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 Jeff Pollack (jeff_pollack@ncsu.edu) or John Bunch (jbunch@benedictine.edu). Ventures HO!


  • 2.  Simple checklists for rating/scoring/ranking business ideas?

    Posted 12-07-2015 17:02
    I like theinnographer.com's approach. Very visual, very simple. QAt the other extreme is the FastTrak I approach which is probably the most detailed workup out there (http://fasttrac.org/). Jerry

    On Mon, Dec 7, 2015 at 3:39 PM, Geoff Archer <Geoff.Archer@royalroads.ca> wrote:

    I am seeking your recommendations for quick and easy checklists that a student could use to rate/score/rank their business ideas. Currently my students employ the First Screen found in Bruce Barringer's "Preparing Effective Business Plans" book.  He looks at 25 things on a three point scale. I am looking for tools like that which are similar but different so that my students can not only use a few tools but also learn about subjectivity by comparing and contrasting various rating mechanisms. What do you recommend? I am hoping that there are things out there which are not buried inside of expensive books...  

     

    Geoff Archer, PhD, Associate Professor & Director

    Eric C. Douglass Centre for Entrepreneurial Studies | Royal Roads University

    T 250.391.2600 ext. 4207 | F 250.391.2610

    2005 Sooke Road, Victoria, BC  Canada  V9B 5Y2 | royalroads.ca

     

    Twitter: @GeoffArcherPhD

     

    ************************************** 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 Jeff Pollack (jeff_pollack@ncsu.edu) or John Bunch (jbunch@benedictine.edu). Ventures HO!



    --
    Jerome A. Katz | Coleman Foundation Professor of Entrepreneurship and Director, Billiken Angels Network  | John Cook School of Business, Saint Louis University, 3674 Lindell Blvd.
    St. Louis MO 63108 USA, 314-977-3864w; 314-302-0641c, katzja@slu.edu, http://eweb.slu.edu

    ************************************** 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 Jeff Pollack (jeff_pollack@ncsu.edu) or John Bunch (jbunch@benedictine.edu). Ventures HO!


  • 3.  Simple checklists for rating/scoring/ranking business ideas?

    Posted 12-07-2015 17:15
    Hi, Geoff:

    Here at the University of Alabama we are developing a semester-long course dedicated to the discovery, evaluation, development, and pitching of entrepreneurial opportunities. We will launch it this spring. I have been developing a checklist of evaluation statements that are based on lean startup, value proposition canvas, business model canvas, and customer development methodologies. The draft for the checklist is available at https://goo.gl/yLcovi. I hope you do not find this solution to be too expensive (��) and that several of you find them useful. Suggestions are always welcomed.

    Kind regards,
    Craig

    Craig E. Armstrong, Ph.D.
    Associate Professor of Entrepreneurship
    @craigarmstrong

    On Mon, Dec 7, 2015 at 3:39 PM, Geoff Archer <Geoff.Archer@royalroads.ca> wrote:

    I am seeking your recommendations for quick and easy checklists that a student could use to rate/score/rank their business ideas. Currently my students employ the First Screen found in Bruce Barringer's "Preparing Effective Business Plans" book.  He looks at 25 things on a three point scale. I am looking for tools like that which are similar but different so that my students can not only use a few tools but also learn about subjectivity by comparing and contrasting various rating mechanisms. What do you recommend? I am hoping that there are things out there which are not buried inside of expensive books...  

     

    Geoff Archer, PhD, Associate Professor & Director

    Eric C. Douglass Centre for Entrepreneurial Studies | Royal Roads University

    T 250.391.2600 ext. 4207 | F 250.391.2610

    2005 Sooke Road, Victoria, BC  Canada  V9B 5Y2 | royalroads.ca

     

    Twitter: @GeoffArcherPhD

     

    ************************************** 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 Jeff Pollack (jeff_pollack@ncsu.edu) or John Bunch (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 Jeff Pollack (jeff_pollack@ncsu.edu) or John Bunch (jbunch@benedictine.edu). Ventures HO!


  • 4.  Simple checklists for rating/scoring/ranking business ideas?

    Posted 12-07-2015 17:29
    There's a good list of 44 criteria in 7 overall categories in Sean Wise's book "Hot or Not"

    On Dec 7, 2015, at 16:39, Geoff Archer <Geoff.Archer@ROYALROADS.CA> wrote:

    I am seeking your recommendations for quick and easy checklists that a student could use to rate/score/rank their business ideas. Currently my students employ the First Screen found in Bruce Barringer's "Preparing Effective Business Plans" book.  He looks at 25 things on a three point scale. I am looking for tools like that which are similar but different so that my students can not only use a few tools but also learn about subjectivity by comparing and contrasting various rating mechanisms. What do you recommend? I am hoping that there are things out there which are not buried inside of expensive books...  

     

    Geoff Archer, PhD, Associate Professor & Director

    Eric C. Douglass Centre for Entrepreneurial Studies | Royal Roads University

    T 250.391.2600 ext. 4207 | F 250.391.2610

    2005 Sooke Road, Victoria, BC  Canada  V9B 5Y2 | royalroads.ca

     

    Twitter: @GeoffArcherPhD

     

    ************************************** 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 Jeff Pollack (jeff_pollack@ncsu.edu) or John Bunch (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 Jeff Pollack (jeff_pollack@ncsu.edu) or John Bunch (jbunch@benedictine.edu). Ventures HO!


  • 5.  Simple checklists for rating/scoring/ranking business ideas?

    Posted 12-09-2015 02:07
    The Critical factor Assessment is a well validated tool set that has been used by the Canadian Innovation Centre for twenty years - and reviewed over 20,000 opportunities. Its veracity has been confirmed by several research papers, especially those by Tom Astebro.

    It is also mentioned in Daniel Kahneman's new book - Thinking Fast thinking Slow.

    You can use the free version here  http://innovationcentre.ca/itool/cfa-snapshot/

    Andrew Maxwell

    On Mon, Dec 7, 2015 at 4:39 PM, Geoff Archer <Geoff.Archer@royalroads.ca> wrote:

    I am seeking your recommendations for quick and easy checklists that a student could use to rate/score/rank their business ideas. Currently my students employ the First Screen found in Bruce Barringer's "Preparing Effective Business Plans" book.  He looks at 25 things on a three point scale. I am looking for tools like that which are similar but different so that my students can not only use a few tools but also learn about subjectivity by comparing and contrasting various rating mechanisms. What do you recommend? I am hoping that there are things out there which are not buried inside of expensive books...  

     

    Geoff Archer, PhD, Associate Professor & Director

    Eric C. Douglass Centre for Entrepreneurial Studies | Royal Roads University

    T 250.391.2600 ext. 4207 | F 250.391.2610

    2005 Sooke Road, Victoria, BC  Canada  V9B 5Y2 | royalroads.ca

     

    Twitter: @GeoffArcherPhD

     

    ************************************** 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 Jeff Pollack (jeff_pollack@ncsu.edu) or John Bunch (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 Jeff Pollack (jeff_pollack@ncsu.edu) or John Bunch (jbunch@benedictine.edu). Ventures HO!


  • 6.  Simple checklists for rating/scoring/ranking business ideas?

    Posted 12-09-2015 11:48
    In my recent book, Getting Funded, I used the following criteria to assess an opportunity:

    1. Is the customer pain real and widespread?
    2. Is the relative advantage of the product superior enough?
    3. Is the customer willing to pay for the relative advantage?



    Chandra S. Mishra, Ph.D.
    Professor, Department of Management Programs
    Co-editor, Entrepreneurship Research Journal (ERJ)
    College of Business, FW 123
    Florida Atlantic University
    777 Glades Road, Boca Raton, FL 33431
    Phone: (561) 297-0251
    E-mail: cmishra@fau.edu
    ERJ:     http://www.degruyter.com/view/j/erj
    ERS:     http://www.entrepreneurship-research-society.org
    The Theory of Entrepreneurship: https://www.amazon.com/author/mishra
    Social Science Research Network (SSRN) at  http://ssrn.com/author=640404
    Harvard Cases: https://cb.hbsp.harvard.edu/cbmp/resources/marketing/docs/GettingFunded-TextbookCaseMap.pdf
    Getting Funded Supplements: http://figshare.com/articles/Getting_Funded_Supplements/1601983
    From: Entrepreneurship Division Listserv [ENTREP@AOMLISTS.PACE.EDU] on behalf of Andrew Maxwell [andrewlmaxwell@GMAIL.COM]
    Sent: Wednesday, December 09, 2015 2:07 AM
    To: ENTREP@AOMLISTS.PACE.EDU
    Subject: Re: [ENTREP] Simple checklists for rating/scoring/ranking business ideas?

    The Critical factor Assessment is a well validated tool set that has been used by the Canadian Innovation Centre for twenty years - and reviewed over 20,000 opportunities. Its veracity has been confirmed by several research papers, especially those by Tom Astebro.

    It is also mentioned in Daniel Kahneman's new book - Thinking Fast thinking Slow.

    You can use the free version here  http://innovationcentre.ca/itool/cfa-snapshot/

    Andrew Maxwell

    On Mon, Dec 7, 2015 at 4:39 PM, Geoff Archer <Geoff.Archer@royalroads.ca> wrote:

    I am seeking your recommendations for quick and easy checklists that a student could use to rate/score/rank their business ideas. Currently my students employ the First Screen found in Bruce Barringer's "Preparing Effective Business Plans" book.  He looks at 25 things on a three point scale. I am looking for tools like that which are similar but different so that my students can not only use a few tools but also learn about subjectivity by comparing and contrasting various rating mechanisms. What do you recommend? I am hoping that there are things out there which are not buried inside of expensive books...  

     

    Geoff Archer, PhD, Associate Professor & Director

    Eric C. Douglass Centre for Entrepreneurial Studies | Royal Roads University

    T 250.391.2600 ext. 4207 | F 250.391.2610

    2005 Sooke Road, Victoria, BC  Canada  V9B 5Y2 | royalroads.ca

     

    Twitter: @GeoffArcherPhD

     

    ************************************** 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 Jeff Pollack (jeff_pollack@ncsu.edu) or John Bunch (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 Jeff Pollack (jeff_pollack@ncsu.edu) or John Bunch (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 Jeff Pollack (jeff_pollack@ncsu.edu) or John Bunch (jbunch@benedictine.edu). Ventures HO!