Class,
Dominick found a really good article on writing a good business plan. Here is the link to the article and this may help you as you start working on your business plans.
Sahlman on buisness plan writing
Also check out this business plan article in business week on solar powered trash can. The article has a link to their business plan.
Winning business plans
There seems to be whole movement labeled Garbage 2.0. We will be facing a huge waste management crisis in the near term and is a great opportunity to create a new business on.
Making money from garbage
1. Of the strategies mentioned in the article, which ones deal with technology (supply-side) and which ones deal with increasing customer willingness to pay (deamand-side).
2. Identify two other industries besides the video game industry where these strategies will work. Why?
State your answer with claim, reasons, evidence and qualifiers.
Read the cases on Craigslist and Linksys posted in the readings and discussion section under week 2. Please answer the following questions related to the cases. You may comment on the post and use it later for the participation portfolio.
- What is common between the two cases in terms of the recognition of an entrepreneurial opportunity? What is different?
- Do you think there would be a difference in the way the two companies are organized? Why or Why not?
- What is the key source of innovation for the two companies? Do you expect to see this change?
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