Category: Entrepreneurship

The Chase is a brief report, with no pre-defined structure by design – ie, the focus and style is your decision. As per the syllabus, “focus on quality, not quantity; demonstrate knowledge as well as critical and original thinking about the course topics. If applicable, students are welcome to use personal experience for this exercise”.
Points you should be paying attention to:
Incorporating concepts from the course – in 2 pages, you will only be able to use some. Mention/incorporate the concepts as relevant, based on the company’s reality and your chosen approach.
Analysis – you do not just throw facts or copy information, you also analyze it and evaluate it when needed.
Presentation and writing quality – as in any report, you should be clear and engaging.
If you are using external sources (includig Chat GPT or similar) please remember to mention it in some format (footnotes, bibliography etc.) – if you are using many you can use an additional page to reflect those. Interviewing the entrepreneurs or someone related to the company is a very valuable resource to – should you have the chance; remember to mention it if you do it.

Please come up with a business idea and the area of the economy you think it will be a success.  What would be the target market you feel could use your products or services?
Describe the various business associations discussed in the lectures, i.e., sole proprietorship, LLC, etc. If you were to choose one to establish your own business, which one would it be and why? What would be the legal process to begin the business? Would it be based from home? (You may use outside information and links.). What would you do to prepare to the legal environment in which your business will work? Would you engage a lawyer? What would you want to see in your contracts with suppliers and customers? How would you prepare for any potential liability, let’s say, if someone were injured in your place of business?
What types of intellectual property would you have? These are not exhaistive questions but some to help you think.

Individual work: The Chase Report (15% of your grade)
A key goal of this class is to learn to think entrepreneurially and to develop a mindset that helps you identify and discover new stakeholder needs and wants as sources of entrepreneurial opportunities to provide value.
Overview:
The Chase Report is an exercise for students to find, review, reflect, and analyze new entrepreneurial initiatives from a domain or industry related to each student’s bachelor area of study. The reflection and analysis of the initiative will address the concepts related to the entrepreneurial mindset and entrepreneurial process discussed and addressed both in the classroom (discussions, activities, simulations, etc.) and in course readings.
Main Objective and Considerations to take into account:
●  The main objective of the report is for each student to reflect on a specific entrepreneurial initiative and demonstrate an understanding of the course’s key learnings by addressing them in the form of a reflection, description, and analysis of the selected entrepreneurial initiative.
●  Consider the following in your reflection, description, analysis…
o The mindset undertaken by the entrepreneur(s) or “intrapreneurs” (entrepreneurial thinkers/doers within organizations)
o The process the individual or the team implemented to develop the initiative. For example, how did they explore the problem? Create the idea? Form/build the team? Validate the solution? Define the business model (even if not “a business”)? Design and execute the Go-To-Market Strategy? Finance the initiative? etc.).
o The report should also connect the entrepreneurial journey highlighted with concrete and relevant concepts and situations discussed in class or that you have read in the course readings. These concepts could have appeared anywhere during class, including in cases, workshops, readings listed in Blackboard (Content Sessions folders), simulations, slides, something discussed in class, coaching, and the deliverables).
o This assignment aims to encourage reflection on the concepts covered during the course. As a result, students can comment on what each student considers most relevant to
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Gabriela Caso de los Cobos Entrepreneurship 2024
the initiative to demonstrate their understanding of both the course’s concepts and the initiative itself.
Parameters of the selected initiative:
●  This entrepreneurial initiative could be a new* venture like a startup, or a new** internal (intrapreneurial) project or initiative in an existing company, organization, governmental agency, academic institution, public sector, non-governmental organization, foundation, etc.
*If you choose a startup, it must be less than 4 years old (not founded before 2020).
**If you choose an internal initiative within an existing organization, etc. the initiative must be less than 4 years old (not launched before 2020).
●  Any type of initiative, including both successful and unsuccessful ones, can be a source of interesting insights and can be the subject of the “Chase” Report.
●  If applicable, students are welcome to use personal experience for this exercise (as long as the above criteria are met).
Each student is expected to:
●  Identify one new entrepreneurial initiative that comes from the domain or field of expertise of the student’s bachelor’s degree (BIR, BID, BBA, PPLE, BCDM, etc.)
●  Write a report (maximum 2 pages, single-spaced, 12-point Times New Roman font, A4). You can design the report as you deem appropriate within the following parameters:
o Maximum 2 pages, single-spaced 12-point Times New Roman font (A4)
o Minimum 1 page single-spaced 12-point Times New Roman font (A4).
o Minimum 1 page single-spaced 12-point Times New Roman font (A4) and 1 page of any kind of visualization “tool” or “graphic organizer” to represent data.
●  Submit the report via Blackboard the night before Session 27.
●  This exercise is a brief report: focus on quality, not quantity; demonstrate knowledge as well as critical and original thinking about the course topics.
●  Cite references you make and use where relevant. You may use the referencing format you prefer (e.g., APA, MLA, Harvard, HMRA), however, please be consistent. The list of References is not part of the 2-page limit for this assignment.

Copying or imitating Google is prohibited, and the solution must be accurate and delivered on time
It is important to adhere to the instructions in the assignment and add the referenceI have attached a summary of the institute in which I was trained, as well as the reports that were previously uploaded, as well as some pictures of me working in the training and my CV.
company information:
the girls
A specialized, charitable, academic Qur’anic institute concerned with graduating teachers of the Holy Qur’an who have memorized and mastered it through academic programs and tracks that qualify them to teach the Holy Qur’an in (colleges, general educational schools, and women’s homes).
It is considered the first Quranic Institute in the Kingdom in terms of establishment. It was founded in 1410 AH
Our vision:
Providing a model Quranic educational environment for women in accordance with standards of quality and mastery.
Our message:
Preparing good girls who draw from the upright Book of God and bring goodness to their society, their homeland, and their nation.
Our goals:
1- Spreading interest in the Holy Qur’an by learning and teaching it and adhering to its right guidance in women’s environments.
2- Raising a Muslim woman in a Qur’anic education qualifies her to carry out her duty towards her religion, her family, and her community.
3- Providing the student with Islamic knowledge and basic skills that will push her to carry out her responsibilities and what is entrusted to her, to be a valid building block in building this blessed item and to contribute to its comprehensive renaissance.
4- Graduating female teachers with distinguished competence in the field of teaching the Holy Quran and its sciences: to practice the specialized educational process in governmental, charitable and private facilities.
5- Contributing to developing the performance of Holy Qur’an teachers in public, charitable and private education institutions, and raising their level through training and continuing education.
Education paths at the institute:
a. High path:
A special track for female students who have a university degree, in which the student studies regularly for (122) educational hours in two academic years, and in which she memorizes the entire Holy Qur’an.
B. Qualification path:
A special track for female students who have obtained a secondary school certificate, in which the student studies regularly for (110) educational hours in two academic years, and in which she memorizes twenty parts of the Holy Qur’an.
C. Iqra’ with the chain of transmission related to the Prophet, peace and blessings be upon him:
A course that aims to graduate readers who are accredited with the chain of transmission related to the Prophet, peace and blessings of God be upon him, by receiving it from the mouths of the two officers.
Institute outputs:
1. Memorizers of the Holy Qur’an and proficient in reciting it and controlling its performance.
2. Female graduates who are able to practice teaching the Holy Qur’an and be educated on its principles.
3. Female teachers who are aware of educational values and societal responsibility, and are committed to their Islamic identity and national affiliation.
Institute statistics:
Institute graduates: 3,134 female students.
Number of female students for the academic year 1445 AH: 866 female students.
Number of certificates in Sindh: 120 female students.
Number of educational staff: 86
Number of institute branches: 3
The institute’s female students participated in a number of competitions, most notably:
1- The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Local Award for memorizing the Holy Quran
They obtained (26) advanced positions in the period (1428 AH – 1444 AH)
2- Men’s Sheqat Award in the Qassim region
They obtained (5) advanced positions in the period (1441 AH – 1443 AH)
Girls Institute for Preparing Holy Quran Teachers affiliated with the Holy Quran Memorization Society in Buraidah Permit No. – 3104

This 2-page exploratory project where you will seek out and analyze a new and compelling entrepreneurial initiative (can be in large organizations, NGOs, and even government) from around the globe
To begin the exploratory project, select a new and innovative entrepreneurial initiative within the realm of business that aligns with your bachelor’s degree. Ensure the initiative is relatively recent, not exceeding 5/6 years, and gather comprehensive information from credible sources such as interviews, podcasts, or recorded sessions with founders. Focus on understanding key aspects of the initiative’s development, including the formation of the team, the development of the value proposition, iteration of products or services, and business growth. Reflect on specific situations within the initiative’s story and connect them with relevant concepts covered during the course, emphasizing how course material intersects with the initiative’s strategies. Structure your report to include sections on the initiative’s originality, impact, practicality, and connection to course concepts, ensuring clear and concise writing throughout the analysis. Finally, consider evaluation criteria, emphasizing the initiative’s uniqueness, potential impact, and the viability of its business or impact model to meet grading criteria.
THE MAIN SOURCES SHOULD BE THE PDF’S ATTACHED TO THE ASSIGNMENT
Some Guiding questions: 
Entrepreneurial Mindset 
* How does the entrepreneurial mindset affect decision-making in the chosen company? What examples from the company’s journey reflect this mindset? 
* What role does innovation play in their strategy and culture? 
Team Building and Collaboration 
* How did the company build its team? What principles of collaboration did they follow? 
* Were there any notable team dynamics or leadership styles that contributed to their success?  
Value Proposition and Business Model 
* What is the company’s unique value proposition? How did they validate it with their customers? 
* Which business model elements were crucial to their growth and success? 
Social Entrepreneurship and Sustainability 
* Does the company have a broader mission or social impact goal? If so, how does this influence its business model? 
* What sustainability initiatives does the company implement, and how do they align with its business objectives?
Market Analysis and Go-to-Market Strategy 
* How did the company identify its target market? What customer insights guided their strategy? 
* What were the company’s go-to-market strategies, and how did they adapt over time? 
Product Development and Innovation 
* How did the company iterate on its products or services? What processes or methodologies (like Design Thinking) did they use? 
* Can you identify examples of customer feedback driving product changes?

PLease use Attachemnts to answer prompt
Assighnment
Similarly to how you did the sales forecast for 3 years, you’ll now create and add your expenses for 3 years. Develop a detailed and realistic forecast of all business expenses over the next three years, integrating these figures into your pro forma income statements to complete the financial outlook of your business idea.
Instructions:
Expense Identification and Categorization:
List Expected Expenses:
Itemize all potential expenses you will incur in the operation of your business. Look at the income statement template for frequent expenses businesses tend to incur.
Ensure you are comprehensive and consider all facets of your business operations.
Do research on the expenses in your industry.
Year 1 Expense Estimation:
Conduct Initial Research:
Utilize a variety of sources such as industry reports, quotes from suppliers, or financial statements from similar businesses to estimate the costs for each expense in the first year.
If you are a retail business or a food and beverages establishment you will have direct costs which are your costs of goods sold. This is usually a percentage of your sales. Research what this is for your type of business (if applicable).
Document all sources of your information for transparency and future reference in your assumptions tab.
3. Document and Calculate Year 1 Expenses:
Input all researched costs into a spreadsheet or financial software, clearly categorizing each expense.
Ensure that each expense is realistic and justifiable based on your business size, industry, and location.
Expenses Projection for Years 2 and 3:
Estimate Growth and Adjustments:
Apply an industry-standard growth rate to project how each expense might increase in Years 2 and 3. Consider the general inflation rate, changes in market prices, and any anticipated expansion of your business.
Make adjustments for known future changes in your business, such as planned expansion, contractual changes in rent, or scaling of operations.
Ensure Realism and Alignment:
Cross-verify the projected expenses with the expected revenue and business growth. Ensure that your expense growth is in line with revenue projections and industry standards.
Adjust any figures that seem disproportionate or unrealistic compared to industry benchmarks or business growth plans.
Compiling and Reviewing Pro Forma Statements:
Integrate Expenses into Pro Forma Income Statement:
Add the detailed expenses forecast to your pro forma income statement alongside the sales and revenue figures.
Review the complete statement to ensure that all expenses are accounted for and that the document is easy to understand.
Review and Revise:
Double-check all figures for accuracy and realism. Consider seeking feedback from a financial advisor or mentor with experience in financial planning and analysis.
Make any necessary revisions to ensure the projections are as accurate and realistic as possible.
Assumptions and Documentation:
Document Assumptions:
In the separate tab for assumptions, clearly document all assumptions made during the expense forecasting process.
Include the rationale behind each assumption, the sources of your data, and any calculations used.
Submission:
Submit Completed Pro Forma Income Statements:
Ensure that your final submission includes a comprehensive and well-organized pro forma income statement for the next three years.
Attach the documentation of assumptions and ensure that all parts of the assignment are clearly labeled and easy to navigate.
Reminder: Accurate and realistic expense forecasting is crucial for creating a viable business strategy and securing funding or investment. Dedicate sufficient time to research, calculate, and review your projections to ensure they reflect a true picture of your business’s potential financial health.

2. Individual work: The Chase Report 
A key takeaway from this class is to think entrepreneurially and to develop a mindset that helps you identify and discover new customer needs and wants as sources of entrepreneurial opportunity.
Students will also do this with The Chase: an exercise to find interesting entrepreneurial initiatives around the world. You are expected to:
Identify a new and interesting entrepreneurial initiative that comes from the domain or field of expertise of your bachelor degree (international relations, law, design, behavioral sciences, economics, computer science, business…)
This entrepreneurial initiative could be a new venture, an internal project in an existing company, a new project in the public sector, an NGO, a foundation, etc… but it must be less than 4 years old.
Write and submit  a report (maximum 2 pages).
The main objective of the report is that you reflect on specific situations of the story of that initiative (e.g., how they explored the problem, created the idea, created the team, validated the solution, defined the business model, executed the go-to-market strategy, raised funds…) and connect them with concrete and relevant concepts and situations seen during the course. These concepts could have appeared in cases, workshops, readings, simulations, slides, something discussed in class, coaching, deliverables…). This assignment aims to encourage reflection about how the concepts covered during the course and creativity, therefore the structure is completely open and you can comment on what you consider most relevant.
Any type of initiative, including both successful and unsuccessful ones, can be a source of interesting insights and can be the subject of this “Chase”.
Students are encouraged (not required) to use the first 10 minutes of each session to comment on “The Chase”. In this way, the individual discoveries will be shared in the class and can serve to improve the participation grade. The sooner you start thinking about and working on your Chase, the more likely you are to share your findings with the class. You can do so from Session 3 onward.
This exercise is a brief report: focus on quality, not quantity; demonstrate knowledge as well as critical and original thinking about the course topics. If applicable, students are welcome to use personal experience for this exercise.

Project #4 is a continuation and expansion of the work you did in Project #3. For this final project, you will recommend a solution for the problem discussed. Set your project up with the following two main headings:
Part 1:
(A) Describe your proposed solution(s) to the problem you seek to solve. Explain how your solution(s) address the cause of the problem you outlined in Project #3.
(B) How will your proposed solution(s) make a difference? What are the measurable effects of your solution(s) on the problem? Be specific.
(C) Define who will support and who will oppose your solution(s). Provide specific organizations – local, regional, national, and/or international, political leaders in the U.S. or abroad, financial funders, and/or international nation states.
Part 2:
(A) Critically evaluate your proposed solution(s). What could go wrong and what can be done when things go wrong?
(B) Discuss three important assumptions that you made in determining your proposed solution(s) and explain why these assumptions are necessary for the solution(s) to be a success.
(C) Which of these three assumptions is the most likely to fail and why? What guidepost could you use to alert yourself to the failure of this assumption? How could you hedge against the assumption’s impending failure?
Your final report should be 2-3 pages with at least three credible, research-based sources integrated throughout your paper. Upload your final report here. See the Rubric for evaluation criteria.

Do not copy from Google, do not resemble another student, adhere to the conditions of the file, deliver on time, and increase explanation

INDIVIDUAL PROJECT
DEVELOPING YOUR ENTREPRENEURIAL VIRTUES
You are to write a FIVE TO SEVEN-PAGE SUMMARY of what you experienced by applying the entrepreneurial virtues in your daily life. Your paper should address:
How you practiced creating value for others during the semester.
What did you learn about yourself through this practice?
What value did you create?
What is your impression of value creation as a “virtue”?
What talents you have that you think can be leveraged for a business venture.
What did you learn about your talents?
What type of business might you start based on your core talents?
How resourceful you are.
Did you go find resources that you didn’t expect to achieve something?
Are you actively seeking resources, meeting talented people, and connecting the dots?
Provide an example of how your resourcefulness produced unexpected success.
How resilient you are.
What failures did you experience during the semester and how did you respond to them?
Do you think you are getting better at handling and managing failure?
How well you are able to live up to obligations you make to others.
Did you keep your personal commitments to others?
Were you able to build trust among those you deal with?
DUE: MAY 6, 2024
NOTE: My failures were turning in assignments late. Please mention how I realize this and aim to correct it going forward.