26•10 - ABU & ABI shark tank

• Engels
• MBO
• Studiejaar 1

By the end of the lesson ...

You can write a business plan

You can present a pitch

You can negotiate

Plan for today

1. Business plan
2. Pitching
3. Negotiations
4. Mentors

Busines description - An explanation of what the business will be and the need it will fill for customers.

Market analysis - A study of the competition in the industry.

Marketing and sales strategy - A plan for how to sell the business' services or products and convince people to buy them.

Funding requirements - An estimate of how much money will be needed to make the company successful.

Financial projections - An estimate of how much money the company will be able to make.

Write your business plan

Based on an existing company or use your imagination.

Base it on something you like. If you like sports cars choose sports cars.

Done? 

Watch - A Bidding War Breaks Out During Scrub Daddy's Pitch | Shark Tank US | Shark Tank Global

 

Elevator pitch

Write your own elevator pitch

Write your elevator pitch based on your business plan.

Done? 

Watch - Shark Tank's Best Pitches Explained By the Cast | Vanity Fair

Negotiate

Why would you need a mentor in business?

What makes someone a good mentor?

Find a mentor

Based on what you need.

Done?

Come up with awesome ideas to present your product to find yourself a mentor & investors.

Time to pitch your ideas 

1 minute for each student

Choose a company (or companies) to invest in.

Choose what you want from the company you invest in (equity or Royalty)

Make a deal!

Every student gets $10.000 to invest in someone else's company.

I am able to write my own business plan

😒🙁😐🙂😃

I am able to pitch my ideas

😒🙁😐🙂😃

I am able to negotiate

😒🙁😐🙂😃