WADHWANI FOUNDATION | Entrepreneur

NextGen
Activate
The brand-new transformational
journey for guiding a new generation of
entrepreneurs

Week 1: EntrepreneurialThinking

01
Learning Objectives

By the end of the week, you will be :

● Able to appreciate the Program flow

● Sensitized to Entrepreneurial mindsets
● Sensitized to working with ambiguity
● Ready to get Activated

Steps:
1. Program Intro
2. Entrepreneurial Mindsets
• Effectual Principles
• General Entrepreneurial Tendencies
3. Ready to get Activated
• Team Formation
• Taking Stock of your Means
Get Activated
Task 1: Team formation

Step 1: The Pitch

Those of you who have ideas, an opportunity that you think is worth pursuing, PUT YOUR HANDS UP! Provide a 2-min
pitch of your idea.

Step 2: Nomination
Once al the idea pitches are done, the other members of the class can nominate themselves to team up the idea that
resonates most with them.

Step 3: Formation
The Pitchers then get to choose the members that they would like to team up with based on their entrepreneurial
tendencies and complementary skil -sets. Remember the ideal size of a team is 3 members.

Step 4: Activation
The team sets roles – CEO, COO, CTO etc. Get creative with your titles!
 Get Activated
Task 1: Team formation

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Step 1: The Pitch

The idea/s we decide as a group is retailing and also reselling our product in which is Rice Product. We
the BAB-ENTERPRISE believed that this kind of business is good and interesting, since it was a essential
product.
Step 2: Nomination

At first we decided to have this kind of business from the start. So we did not have any
nomination but of course we have another plan like plan b if the our venture didn’t become
sucessful or if it was hard to manage.
Step 3: Formation

Since we only consist of 3 people. We believed that we have the qualifications to start this
business. We three has enough knowledge and skills managing a business.

Step 4: Activation

Our main roles are the following the owner ( barbante ) and 2 workers ( ...... ).
The Team

CEO

Chief Growth
CFO CTO
Officer
Key Skill Sets in the Team
Put in a picture of the person in each of these roles, and the key skill sets that you think they have that is necessary for the role

CEO

CFO

CTO

CGO
Get Activated
Task 2: Take Stock of your Resources

Who am I? What do I know

Barbante, Bernhardt – Hardworking, Fast on We know when, where, and what should
Decision making. we must adjust for regarding our venture
....... – Experienced in business. High and goals in this business project.
confidence. And smooth talker.
......- Always on time, has the ability to adapt
at certain situations pertaining to our
business.

What do I know Whom do I know?

- Fast on Decision making We know and have a connection to other people that
- Approachable has also the same business we have. We also know
- Easy to talk too. someone who has experiences in managing a small
- Adaptive scale business like our business.
- Hardworking
- High accuracy of Analyzation of situations
and business
General Enterprising Tendency Test
Handout – attached as a separate card
 WADHWANI FOUNDATION | Entrepreneur

NextGen
Activate
The brand-new transformational
journey for guiding a new generation of
entrepreneurs

Week 1: EntrepreneurialThinking