Kathy Hutto Governmental Affairs Consultant Jackson Walker L.L.P November 8, 2013.
2013 Technology Entrepreneurship Boot Camp Sponsored by Jackson Walker
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Transcript of 2013 Technology Entrepreneurship Boot Camp Sponsored by Jackson Walker
UTSA Colleges of Business and Engineering
TAKE YOUR TECHNOLOGY TO THE LIMIT!
Slide 1CITE BootCamp January 2013
2013 Technology Entrepreneurship Boot Camp
Sponsored by Jackson Walker
UTSA Colleges of Business and Engineering
TAKE YOUR TECHNOLOGY TO THE LIMIT!
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Anita Leffel, Ph.D.Assistant Director, Center for Innovation and Technology EntrepreneurshipCollege of BusinessDepartment of Entrepreneurship and Technology Management
Welcome
UTSA Colleges of Business and Engineering
TAKE YOUR TECHNOLOGY TO THE LIMIT!
CITE BootCamp January 2011
Today’s Speakers (morning)
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Dr. Anita Leffel, Assistant Director of CITE, Faculty of Business Natasha Arguello, UTSA Business LibrarianAlexander Garner, Founder Yumix and UTSA AlumPat Condon, Co-Founder RackspaceDirk Elmendorf, Co-Founder RackspaceWill Borcher, Attorney with Jackson Walker LLP
UTSA Colleges of Business and Engineering
TAKE YOUR TECHNOLOGY TO THE LIMIT!
CITE BootCamp January 2011
Today’s Speakers (after lunch)
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Deb Bolner Prost, CEO It’s 2 Cool, Ltd. and Prost Marketing, UTSA Alum
Stephanie Chandler, Partner, Jackson Walker LLP John Dewey, Vice President ITM, IncMorrison Woods, Director SBDC San AntonioDavid Clark, Director Investment Services, T3DC
UTSA Colleges of Business and Engineering
TAKE YOUR TECHNOLOGY TO THE LIMIT!
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What is Entrepreneurship? Who are Entrepreneurs?
UTSA Colleges of Business and Engineering
TAKE YOUR TECHNOLOGY TO THE LIMIT!
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“At the heart of entrepreneurship is the desire to create. Technological innovation is the foundation for creating new enterprises, and the spirit of entrepreneurship is the catalyst for turning these innovations into reality. “
UTSA Colleges of Business and Engineering
TAKE YOUR TECHNOLOGY TO THE LIMIT!
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UTSA Colleges of Business and Engineering
TAKE YOUR TECHNOLOGY TO THE LIMIT!
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Inventors create new technologies (ideas)
Entrepreneurs create new business (money)
Which one has the better return on investment (ROI)?
UTSA Colleges of Business and Engineering
TAKE YOUR TECHNOLOGY TO THE LIMIT!
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Entrepreneurial exceptions… not the rule.
UTSA Colleges of Business and Engineering
TAKE YOUR TECHNOLOGY TO THE LIMIT!
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Identifying the Opportunity
Determining the Entrepreneur’s capabilities and interests
Evaluating the opportunity
Writing a summary of the concept
Testing the summary and the concept with potential customers
and investors
Deciding to act on the opportunityor look elsewhere
Six Steps to Acting like an Entrepreneur!
Lean Start-upBusiness Model CanvasCustomer Development
Tools
A Commuter's Handbook to Entrepreneurship by Anita Leffel|| Cory Hallam|| Matthew Gonzales
UTSA Colleges of Business and Engineering
TAKE YOUR TECHNOLOGY TO THE LIMIT!
Steve Blank:It dawned on me that the plans were a symptom of a larger problem: we were executing business plans when we should first be searching for business models. We were putting the plan before the planning.
UTSA Colleges of Business and Engineering
TAKE YOUR TECHNOLOGY TO THE LIMIT!
Steve Blank:(after) National Science Foundation classes the reaction of tenured professors who were leading their teams in commercializing their science went back to their schools and asked, “How come we don’t offer this class to our students?”
The Lean Launch Pad curriculum
UTSA Colleges of Business and Engineering
TAKE YOUR TECHNOLOGY TO THE LIMIT!
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UTSA Colleges of Business and Engineering
TAKE YOUR TECHNOLOGY TO THE LIMIT!
Problem: Unknown Solution: Unknown
Lean StartupCustomer Problem + Product Features are Unknown
Source: Eric Rieshttp://startuplessonslearned.blogspot.com
UTSA Colleges of Business and Engineering
TAKE YOUR TECHNOLOGY TO THE LIMIT!
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UTSA Colleges of Business and Engineering
TAKE YOUR TECHNOLOGY TO THE LIMIT!
UTSA Colleges of Business and Engineering
TAKE YOUR TECHNOLOGY TO THE LIMIT!
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UTSA Colleges of Business and Engineering
TAKE YOUR TECHNOLOGY TO THE LIMIT!
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Let’s take your ideas to the next stage!
UTSA Colleges of Business and Engineering
TAKE YOUR TECHNOLOGY TO THE LIMIT!
CITE BootCamp January 2011
Agenda
9:00 - 9:30 Welcome – Entrepreneurship Tools9:30 – 9:45 Researching Product and Customer9:45 – 10:15 On Funding a Business10:15 - 10:30 a.m. Break
10:30 - 11:30 Keynote, the Rackspace Story Pat Condon and Dirk Elmendorf, Founders of Rackspace11:30 - 12:15 p.m. Intellectual Property: How to protect your
idea and brand12:15 – 12:45 Lunch
12:45 - 1:30 Marketing your new idea1:30- 2:15 Legally structure your company and raise cash2:15- 2:30 Break
2:30 – 3:00 Manufacturing3:00 - 3:15 p.m. Small Business Development Center Resources3:15- 3:45 Business Plan and Pitch3:45 Close
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