Step 7, Developing a Concept Document and Executive Summary, walks you through the process of developing a concept document and a two-page executive summary. In addition, there is an introduction to an economic impact assessment spreadsheet which supports the development of the two-page executive summary. Once you have these prepared, you are better prepared to engage those outside your internal team, whether that be potential executive or professional candidates, funders, investors, partners, or suppliers.
Step 6, Generating the Business Model, provides a framework for you to flush out your business model in preparation for developing a Concept Document (Business Case) and an Executive Summary, which prepares you to have initial conversations with potential partners, funders, and investors. It may cause you to re-investigate your business idea in more detail.
Step 5, Developing the Organization and Business Model, takes a look at the metaphor of forest ecosystems to illustrate how sustainable ventures are established. This step also covers the key factors in each venture development phase, so that you can identify where you are and create a high-level action plan to move the venture to the next level.
Step 4, Developing Individuals and Teams, focuses on ways to embed individual and team development into the daily culture of the venture.
Step 3, Developing Entrepreneurial Leadership, focuses on ways to embed entrepreneurial leadership in a venture’s culture and how to develop individuals and teams in this manner from the start.
Step 2, Developing an Entrepreneurial Organization, focuses on laying out the key elements of an entrepreneurial organization. Entrepreneurial organizations are the answer to today’s business environment filled with chaos, turbulence, and continual change.
This session is the first step in the Venture Cultivation process. It includes a discussion of today’s business environment. Welcome to the journey of a lifetime!