ISL 478E – Entrepreneurship

Instructor(s): Dr. Zeynep E. Bayazit,Asst. Prof. Dr. Deniz Tunçalp
Textbook(s): Recommended Books
Course Evaluation: Grading Scheme

COURSE MATERIALS

Week 1 Introduction to Entrepreneurship

 

  • • Basic Concepts: Organizations; Management; Manager, Professional, Entrepreneur
  • • Characteristics of Entrepreneurs and Common Myths
  • • Types of Entrepreneurs
  • • Corporate Entrepreneurship
  • • Career Choices for Graduates
Week 2 Creativity and Educated Search: Finding a Business Idea

 

  • • Innovation and Invention
  • • Creativity and the Risk of Failure
  • • Managing Creativity and Innovation in Enterprises
  • • Industry Analysis
  • • Life Cycle of Industries, Markets and Products
Week 3 Pitching Your Idea: How to Find and Communicate a Burning Need

 

  • • What is a “Need”?
  • • Checking your assumptions with data and customers
  • • Fundamentals of an Elevator Pitch
  • • Communication strategies for impact
Week 4 Developing your Idea: Towards Crafting a Business Model with a Team

 

  • • Fundamentals of Teamwork
  • • Establishing Entrepreneurial Teams
  • • Identifying Problems in Your Idea
  • • Business Model Concept
Week 5 Business Model Generation

 

  • • Building Blocks of a Business Model
  • • Value Creating Relationships in a Business Model
  • • Types of Business Models
  • • Finding Your Problems and Pivoting
Week 6 Entrepreneurial Marketing

 

  • • Basics of Marketing
  • • New Marketing Tools for Startups
  • • Guerilla Marketing
  • • Word-of-Mouth Marketing & Social Media Marketing
  • • Marketing of Technology Products
Week 7 Planning your Production and Delivery of Your Value Proposition

 

  • • Producing Your Value Proposition
  • • Develop In-House or Outsource?
  • • Costs and Core Competences
  • • Facility Planning: Location, Layout and Logistics
Week 8 Finance for Entrepreneurs

 

  • • Basics of Finance
  • • Reading Basic Financial Statements
  • • Valuation of Business Plans and Companies
  • • Types of Investors: Angel, Incubator, VC, PE
Week 9 Business Forecasting & Scenario Analysis

 

  • • Internal and External Factors for Start-ups
  • • Fundamentals of Forecasting
  • • Developing Scenarios: Best Case, Most Likely, Worst Case
  • • Ratio Analysis and Basic Financial Indicators for Scenarios: NPV, IRR, EBITDA, …
  • IMPORTANT: MIDTERM PRESENTATIONS by PROJECT GROUPS
Week 10 Organization Design & Leadership

 

  • • Understanding Structural Alternatives for Start-ups
  • • Mechanistic, Organic and Network Structures
  • • Basic HR Issues for Start-ups
  • • Types of Leadership and Turkish Business Leaders
  • • Keeping the Startup Spirit and Entrepreneurial Culture
Week 11 Break: Holiday

 

 

Week 12 Drafting Your Business Plan: Putting Pieces Together

 

  • • How to Prepare and Format a Business Plan
  • • Business Plan Factors and Assumptions
  • • Solving Internal Coherence Problems
  • • Getting Ready for Hard Questions
Week 13 Communicating Business Plans

 

  • • Fundamentals of Business Communications
  • • Revisiting Your Elevator Pitch
  • • Strategies for Effective Presentations
  • • Using Visual Materials in Your Presentations
  • IMPORTANT: PROJECT PRESENTATIONS by PROJECT GROUPS on May 10th, Saturday
Week 14 Legal Issues for Entrepreneurs

 

  • • Founding a Company as a Legal Entity
  • • Building a Legal and Moral Framework Between Shareholders
  • • Exit Strategies

 


 

ADDITIONAL MATERIALS

Speaker’s
Corner
Bookmarks