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Lesson Blog

Presenting Groups

posted 26 Feb 2010, 00:40 by Roderick Chia   [ updated 26 Feb 2010, 01:38 ]

Every groups need to present.  It could be a long version or a short version. A long version is 10 min and a short version is 1 min. Not everyone need to be there during present nor presenting.  However, the present of the whole team should indicate a sense of unity within the group. 

For the 10 min presentations, the following groups are being selected. 
    1. SCube
    2. CandyCreme
    3. JK BERRY
    4. T-Loft
    5. The Food Shelperd
    6. AdPetizer
Please note that the selection criteria is based on featuring diversity rather than performance. So it is possible that group presenting for 1 min might get better grading than group presenting for 10 min.  
What we want to see in the presentation?

I know that many will ask therefore let me share these so that you can be well prepared to deliver to our expectation. For EN105A, I adopt the mantra that "The Journey is more important than the destination". Basically, I measure 2 main outcomes:
    1. Progress (What you have achieved?)
    2. Process (How do you go about achieving it?)
So it is simple, just simply tell us the following:
    1. What is your project about?
    2. What is your progress?
    3. What is your challenge and/or pitfall and how they are overcome?
    4. Learning points for next batch of EN105 students
Simple?

Lesson 6 - Combine

posted 24 Feb 2010, 21:59 by Roderick Chia

13 March 2010, 9.00am to 1.00pm

Auditorium 302, Executive Center, NTU@One-North Campus

Programme


8.30am                        Registration and booth setup by MiE Batch 16 and 17 students

9.00am – 9.05am       Opening address by Assoc Professor Hooi Den Huan,

Director of Nanyang Technopreneurship Center

9.05am – 9.10am        Introduction of EN105A by Mr Roderick Chia, Instructor for EN105A

9.10am -10.10am       Sharing session by Batch 18 and 19 Teams

(6 Teams selected by Mr Roderick Chia) 

10.10am – 10.40am    One minute ‘Elevator Pitch’ by the rest of Batch 18 and 19 (17 teams)

10.40am -11.00am     Closing of the sharing session by Mr Roderick Chia

11.00am – 12.00pm    Tour around the Mini Exhibition Booths by Batch 18 and 19 and

voting time! 

12.00pm - 12.15pm    Presentation of the Sirius Outstanding Entrepreneurship Student Award and Team that won the most number of votes! 

12.15pm – 1.00pm     Lunch cum networking session

Comment from Peers

posted 19 Nov 2009, 20:38 by Roderick Chia


Take a look on what your friends got to say about your presentation.  Their commence would be useful for your consideration.  Note that comment in different highlight is from me.

Inter-group Peer Appraisal ‎(Comment)‎



Google's Local Business Centre

posted 9 Nov 2009, 21:06 by Roderick Chia   [ updated 9 Nov 2009, 21:12 ]

Notice that there are few F&B business ideas and I think that this google tool might be useful. Check this out http://Google.com/LocalBusinessCenter

Help customers find you on Google, it's free.

  • Free listing 
    Local customers already search Google for the products and services you offer. Create a business listing to be sure they find you.
  • Free updates 
    Keep your address, phone number, hours of operation, and more up-to-date. Even create coupons and display photos and videos, all for free.
  • New! Free insights 
    Use the power of Google's data to learn where your customers come from and what they search for to find you.








Submission + Extra notes after Lesson 4

posted 6 Nov 2009, 22:09 by Roderick Chia   [ updated 9 Nov 2009, 20:11 ]



I have decided that the Inter-group Peer Appraisals deadline shall be the same as the hard & soft copy business plan submission. I.e. 11 November 2009, 1700hrs.

It has been very frustrating not being about to access to confidential posted in the group blog site.  I'll be adding a section in the Extra Lesson to educate all on what to do to ensure that I can access to those file from the site.  

For this project assessment, I have to be very skeptical yet while I go through the site, I have hard time finding prove of certain important collaboration, partnership, deliverable etc.

What to Prepare for Lesson 4?

posted 1 Nov 2009, 00:47 by Roderick Chia   [ updated 2 Nov 2009, 04:19 ]

Business Plan Presentation
In Lesson 4, every groups will be given 15 min to present the idea that they have, followed by 5 min of Q&A (setup time is part of this 20 min). For groups that have yet to confirm what they will be doing, they are supposed to present on a list of what they are trying to explore and the difficulties they face as well as how they intent to overcome them. 

Instead of standard ppt presentation, every group is EXPECTED to use their blog site as a visual tool for the presentation. As such, it is expected that all the blog is updated with the content and the right layout by Lesson 4.  Given that this announcement is 1 week before the lesson, ignorance is not an excuse. In view of tie schedule, the lesson will start right on time and every group shall strictly follow the time allocated. Due to the big number of group for this batch, the lesson will be expected to start from 9am-1pm for the morning session and 1pm-5pm for the afternoon session.  Yes, there shall be no lunch break for me so pardon me if I have to take my lunch in the class.

Many have asked about the format of lesson 4 and how they should be prepared for it. Below is the Q&A to guide you along and to set the expectation clear.
  1. What is to be presented?
    • The business/project idea.
    • The expected milestone.
    • The team setup; If there are any outsource work, make it clear what are done within the group and what are outsourced.
    • Expected KPI.
    • Exit strategy or project closure strategy.
  2. Who is the assumed target audience of the presentation?
    • Assume you present to business plan judge! They include your classmates.
    • There will be a inter-group appraisal, whereby your classmates shall provide feedback and assessment. Their feedback and assessment shall be taken into consideration in your final grading.
  3. Is the business plan solely meant to be informative? Or are we trying to "sell" the business idea?
    • Sell a plan. 
    • If the plan is to have multiple business, then let it be!
    • If the plan is not so much a business but a project of entrepreneurial endeavour, then sell it as it is and define a reasonable KPI.
  4. Does it involved any financing pitch?
    • Depend if the KPI of that project is financially driven. 
    • You define your KPI. If you set it too low, even if you achieve it, you might not be graded high. If you set it too high and fail to achieve it, it will affect your grade too.
  5. Must everyone in the team present?
    • Not all team members need to present.  
    • However, team spirit and bonding is an element of success in business.  It is up to the team to "show" it in one way or another.
  6. Is the presentation graded?
    • The presentation is not directly graded but it will affect the grade due to inter-group appraisal done by other group members.
  7. Is it a formal presentation or casual session?
    • Up to your team to position it as formal or casual. Your objective is to impress the audiences that you have a good business/project idea and you have the plan to ensure success implementation.
    • The impression of truthfulness and honesty in your presentation is critical as it is one of the appraisal question!
  8. Are we expected to be in suit? Is its okay to be in our normal attire?
    • As long as you wear something and it is not obscene, your presentation are more important than your dressing ;-)

Please note that hardcopy of business plan to be submitted to NTC reception; Softcopy is to be uploaded on edveNTUre via the link under ‘Assignments'. Deadline: 11 November 2009, 1700hrs

Lesson 2 Reflection

posted 1 Nov 2009, 00:27 by Roderick Chia   [ updated 1 Nov 2009, 20:58 ]



Other than the standard sharing of business ideas, this lesson was to educate about the rule of blogging.  As this is something that is very important for participants to follow, I put in on the main page of the Batch 18 & 19 Section.

However, that lesson was a very controversial lesson. That lesson was deliberate to highlight the importance of providing detail of their progress in the blog. I highlighted that I have to be very paranoid, assuming that every groups would try to "smoke" me out if they could, in order to get good result. I don't like people trying to over sell to me. I like truthfulness. I like honesty and integrity. As such I have to take whatever info on the blog with a pinch of salt. Participants have to help me to help themselves by providing me with proof of events that happen and financial statement backed up with accountability.

Lesson 1 Reflection

posted 1 Nov 2009, 00:22 by Roderick Chia   [ updated 1 Nov 2009, 05:27 ]


It seems like being late is a bad habit that our culture has yet to overcome. I remember being in the US and notice that people don't usually being late. It is something that in a more developed nation people just cannot accept. Perhaps when a country is more advanced, the value of time is higher and people start to respect each others time. During my lesson with batch 16 & 17, I decided that I shall wait for all to arrive before starting the lesson so as to education the class the importance of being on time. While waiting, we had general discussion about the meaning of money. However, I was also worried that delaying my lesson would unnecessarily punish those being early.

This time, I decided to adopt a more rewarding approach to those coming early.  I'll not start lesson proper before all that should attend had arrived but during the waiting time, I'll share tips of how to do well for EN105A.  I share on what I would like to see and how I give marks. Hope that those being early for my lesson would benefit from those sharing.

For this semester, I added 1 new slide to my first lesson to the class (refer to Lesson Blog of Batch 16 & 17 for the earlier lesson 1 slide).  This is due to my observation that I have to manage the mindset of the participants of EN105A.  I title the slide, "Nobody Owe You a Living" with the following pointers:
  • Try to make sure that you propose a win-win solution to any business partner or whoever you got your resource from
  • Others may give you special consensus or extra resource because they see you as student but such privilege does not last long
  • You have to outgrow your studentship someday and let's start the process today
  • Whoever support you on the basis of supporting entrepreneurial spirit, does not believe in your proposal but would like to believe in you
The reason why I want all to think like a real entrepreneur to begin with, rather than depending on empathy of 3Fs, is that practicing real venture creation at this time is lower cost then after graduation. Once you graduate, your opportunity cost will be much higher and your learning much costlier. Many of them feels that since NTU is so supportive of entrepreneurship education, it must also ensure reduction of red tapes to allow student ventures to spunk out within campus. I bet to differ.  The way to encourage the testing of venture creation should not based on artificial removal of real world obstacle. Those red tapes will always be there and entrepreneurs need to learn how to creatively overcome them. Once they are able to do so, real lesson is learned.  If NTU artificially remove those obstacles to show some successful campus ventures, those are not real ventures that would survive the real world senerio. Is this what we want to see? Once you can recognise this and change your mindset, you'll be more prepared to face the challenge of NTU red tapes if your venture required some form of NTU's partnership.

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