We were able to participate on a great lecture on “New Ventures – From Idea to Enterprise” by Prof. Tom Byers, Stanford University.
From a “Helicopter View” participants learn about the life cycle of entrepreneurship. How to find an idea an opportunity? How to find the right team? Where to find investors and how to convince them about your business plan. What kind of funds are best for your new business? What are the major challenges for young entrepreneurs and what their biggest mistakes? Why should one think of how to get out of the new business before even starting it? These questions will make participants aware of very crucial aspects which might decide on failure or success. This lecture will provide a fundamental attitude towards the look at numerous examples of enterprises presented during the whole study week.