Entrepreneurship

Do you know this institution?

●
Its graduates have at least 30,000 active
companies worldwide as of 2014.
●
Over 4.6 million people owe their jobs to a
company founded by a grad.
●
Its companies make $1.9 trillion each year.
●
The revenue of these companies would be
equal to the GDP of the world's 10th largest
economy in 2014.
●
http://web.mit.edu/innovate/entrepreneurship2015.pdf
 BUT
●
Geeks

●
Thetas

●
Techies

●
Nerds
 REALITY

• In 2016-17 more than 60 Entrepreneurship

courses were offered excluding boot camps
http://web.mit.edu/facts/entrepreneurship.html
 REALITY – MIT Alumni Survey
• 31% have filed patents
• 34% consider themselves inventors
• Since the 1990s:
– 8% alumni founded a company within 5 years of
graduation
– 12 companies per active alumni founded
• 70% of companies survived 10+ years
• MIT Entrepreneurship Center 1990: 1 Course
Companies founded co-founded by mit graduates
MIT Entrepreneurs
Who are entrepreneurs ?
●
Use Knowledge

●
Create Value

●
Generate Wealth

●
Serve Society
Entrepreneurship
3 credit hours

Maajid Maqbool

11
 Course Description
• This course will introduce you to the concepts
of entrepreneurship so that you have the
necessary skill set to explore entrepreneurial
opportunities in order to create value, generate
wealth and serve society.

12
 Course Learning Outcomes (CLOs)
After completing this course, you should be able to:
1.Explain the nature of entrepreneurship and its significance in
society (PLO-6)
2.Analyze the environment and develop an entrepreneurial
perspective by recognizing opportunities for sustainable
development (PLO-7)
3.Develop and present the components of a business model canvas
and a business plan (PLO-10)
4.Identify the sources of capital for a business venture based on a
timeline (PLO-11)
5.Set up a business organization for economic growth and social
inclusion (PLO-12)
13
 Reference Reading
• Entrepreneurship: Strategies and Resources by
Marc J. Dollinger, Third or Fourth Edition
(Pearson Education)
• Disciplined Entrepreneurship, Bill Aulet
(WILEY)
• Entrepreneurship- Successfully Launching New
Ventures 5th Edition (Bruce R. Barringer; R.
Duane Ireland)

14
 Reference Reading
• Entrepreneuring Pakistan. Azhar Rizvi, 1st
Edition (Azhar Rizvi)
• Think and Grow Rich, Napoleon Hill. eBook
distributor: OpportunityInformer.com
• The Lean Start Up, Eric Ries

15
 Grading (Tentative)
• 30% Midterm
• 40-50% Final Exam
• 10-30% Project/Assignments/Quizzes
•
• Class Participation (if deemed necessary)

16
Entrepreneurship Project
Khaapa since Fall 2013 (Le Khokha)
 Project

Which slot will this class take?

 Plagiarism
• Collaboration and group work is encouraged
but each student is required to submit his/her
own contribution.
• Your writings must be your own thoughts.
• Cheating and plagiarism will not be tolerated
and will be referred to the Dean for appropriate
actions.

19
 Quiz/Assignment Policy
• Quizzes will be announced/unannounced.

• Late submission of assignments will either not

be entertained or will result in the deduction of
marks.

20
 Project/Class Assignment
• Group Work

• Presentations will be required

21
 Tentative Weekly Schedule
Week Topic

Introduction to Course and Entrepreneurship

1

Why Teach Entrepreneurship, Resources and Capabilities

2

Value Proposition, Creativity

3

Business Model Canvas

4/5

Entrepreneurship Environment, Guest Lecture

6

The Core, Industry Environment

7

Business Plan Components, Entrepreneurial Strategies

8
22
Midterm Exam
9
Tentative Weekly Schedule
Week Topic
Finance, Financial Statements
10

Venture Financing, Securing investors

11

12 Industry Visit, Guest Lecture

13 Teams, IP

14 Business Organizations, Pitching Your Idea

15 Enduring Organizations

16/17 Presentations

18 End Semester Exam 23

 Where, When, How to find me
• Office: Room A216, First Floor, Faculty Block
• Email: maajid.maqbool@seecs.nust.edu.pk
• Office Hours: Tuesdays 2-3 pm.
• For appointment during non-office hours,
please send me an email to get an appointment

24
 Entrepreneurship TA
• Name: To Be Determined

25
During Class… Don’t
 During Class…
• Be punctual
• 100% attendance will be deeply appreciated
• Come in quietly if you are late
• Attendance is normally completed in 7 minutes
• Adjust your chairs when you leave
• Know the value of the collaborative spirit
• Enjoy Learning: the reason why you are here 