Pratt Award Resources
1. The Single Biggest Reason Why Start-Ups Succeed
Bill Gross has founded a lot of start-ups, and incubated many others. (6:40)
https://www.youtube.com/watch?v=bNpx7gpSqbY
2. Getting From Business Idea to Business Model
Watch the story of Beth, Carl, and an idea they believed could become a great business. (2:12)
https://www.youtube.com/watch?v=wwShFsSFb-Y
3. Visualizing Your Business Model
Learn about the business model canvas, a visual tool to craft powerful business models. (3:40)
https://www.youtube.com/watch?v=wlKP-BaC0jA
4. Prototyping
Avoid falling in love with your first idea, and learn how to prototype multiple business model options. (2:39) https://www.youtube.com/watch?v=iA5MVUNkSkM
5. Navigating Your Environment
Map the environment in which your business model will fight for survival. (SWOT Analysis) (3:39)
https://www.youtube.com/watch?v=7O36YBn9x_4
6. Proving It
Test all aspects of your business model to find out what works, what doesn't, and what needs to change. (Get ready to fail and adjust) (3:01) https://www.youtube.com/watch?v=-2gd_vhNYT4
7. Telling Your Story
Pitch your business model in a clear, simple, and compelling way. (Ready to pitch.) (3:38)
https://www.youtube.com/watch?v=SshglHDKQCc
8. How to Create a 1 Page Business Plan - Canvanizer + Business Model Canvas Tutorial (Burger joint) (16:25) https://www.youtube.com/watch?v=Of34BmUUjIg This video demonstrates a young guy working the model (worksheet) to start a new burger joint. He discusses how to think about each section with an example most should identify with. Enjoy!
9. Osterwalder, A. & Pigneur, Y. (2010). Business Model Generation: A Handbook for Visionaries Game Changers & Challengers. Hoboken, NJ: John Wiley & Sons, Inc. (~ $19.00 at Amazon.com) This book goes into much more detail regarding the development of your worksheet into a viable business model.
10. Small Business Administration https://www.sba.gov/business-guide/10-steps-start-your-business/
This is a wonderful, government website that provides a wealth of information to help you start a business, including how to write a business plan. It also provides videos, tutorials, training modules, tools and courses that will help you learn about a plethora of related topics, including how to finance your business. Check it out!
11. Small Business Administration Assessment Guide is a 25-question survey that provides potential entrepreneurs with an introspective look at your preparedness (skills, characteristics and experience) for starting a small business: https://www.sba.gov/media/training/encore_09012016/story_content/external_files/Readiness%20Assessment.pdf
12. Bellevue University's Entrepreneur Boot Camp http://www.bellevue.edu/degrees/continuing-education/entrepreneur-boot-camp This is an intensive course designed to provide you with the skills you need to expand your understanding of agencies, organizations, financing, and networking. You'll also have a chance to connect with fellow entrepreneurs who can help you, or your employees, open the door to business ownership. The boot camp is self-paced — your level of commitment determines your progress. This gives you the flexibility you need to breeze through what you already know, or slow down and really dive into the topics you find more challenging. Within the boot camp, you’ll study the four following topics: Business Standards, Communication and Technology, Financial Basics, Marketing and Business Plans. Pratt Award applicants may register for this boot camp with a $140 discount ($360 instead of $500) and may use the Pratt Award (if earned) to help defray the rest of the expenses. Registration is available on a monthly basis.