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Business Plan Writing 101: Wharton Entrepreneurship Series

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This was 9 years ago 😮
Comment from : @carcrashemporium337

d
Comment from : @MerleWoolley-i7o

This was one of the most important videos for me when I was starting my business, cannot recommend this enough this guy knows his stuff
Comment from : @lasko2

I hate when people repeat the whole question back like the girl 24:26 It’s such a dead giveaway that you not quick on your feet
Comment from : @LashGirlie

Incognito
Comment from : @AsifAhammad-uy1cy

10:07 Anybody watching this in 2024 and just got taken way back by the mention of those TerraCycle Capri-Sun pencil pouches at Target? Lol! Wow, when did I become this old?
Comment from : @adalibmadrina

Garcia Ruth Johnson Jeffrey Jones Anna
Comment from : @jackymarcel4108

🎯 Key points for quick navigation:brbr00:08 b📝 Importance of having a business plan/bbr- Writing a business plan is valuable preparation for investor or customer meetingsbr- Debate on whether a business plan is necessarybr- Examples of successful companies with and without business plansbr02:02 b🗒️ Elements of a business plan/bbr- Importance of clearly defining the companybr- Crafting a concise pitch for the companybr- Highlighting the key components that should be included in a business planbr05:54 b🚀 Emphasizing the importance of team and selling as an entrepreneur/bbr- Selling yourself as an entrepreneur is crucialbr- Building a strong team or advisory board compensates for lack of experiencebr- Leveraging educational background and personal connections in business pitchesbr18:25 b📊 Business Plan Content: Business plan content should focus on what you've built, how you will build it, and the future impact/bbr- Business plans need to address how the company will execute its ideasbr- Assumptions and intentions should be clearly outlined in the business planbr19:50 b💡 Becoming an Expert: To succeed, become an expert in your industry/bbr- Being an expert in your industry builds credibilitybr- Understanding industry trends and insights is key in business planningbr23:49 b🛤️ Building a Roadmap: A detailed roadmap is essential in a business plan/bbr- A roadmap outlines plans to move a business forwardbr- Clearly defined milestones and strategies for success are crucial in a roadmapbr36:06 b💰 Business plan length and financial projections/bbr- Business plans for competitions are generally under 25 pagesbr- Financial projections should focus on telling a story of how the business can make moneybr- Ancillary revenue streams can be included for experimentation but should not be the main focusbr37:06 b💸 Asking for capital and setting clear goals/bbr- A business plan should end with a clear ask for the amount of money neededbr- The ask should be specific and focused on funding key activities outlined in the planbr- Avoid making unrealistic promises about returns or terms in the ask sectionbr41:00 b🚀 Starting a business plan early and hiring decisions/bbr- Start working on a business plan early to solidify goals and roadmapbr- Hiring should focus on building a team as early as possiblebr- Consider offering equity and options to attract talent when starting upbr44:25 b💡 Validating ideas and team building/bbr- Validate business ideas through customer feedback before proceedingbr- Focus on what you can't do and build a team to complement your skillsbr- Do not base decisions solely on personal beliefs; seek validation from the marketbrbrMade with HARPA AI
Comment from : @KTGardenHome

10:07 the guy with the white T-shirt scrolling on Linkedin
Comment from : @Eminbzn

36:50
Comment from : @matthewhill3192

@44:05 the woman mentioned the repayment of the investors and the response was to not mention it in the BP However, my "consiglieri" from SCORE told me that the person/entity who makes the investment into the project should get a 25 share of the business Is that the usual rate for investment reimbursements? TIA
Comment from : @MondoLeStraka

"So, you're a serial entrepreneur" I won't bother with the rest but VERY GOOD QUESTION by the black student at the end with the glasses
Comment from : @kinsontheodoris420

HooThis is itBring it onLet’s learn
Comment from : @martintumwine507

7:00 35 years of bla bla it does not mean anything What are his results in this field? That is what matter ultimately, not the years of looking at the ceilingbrI can't believe in the first 10 minutes this mistake is already made
Comment from : @Cenot4ph

Interesting that not one of these potential enterprises involved a physical product
Comment from : @Lee3DPrinting

Writing a business plan, plain and simple An information video for those starting up
Comment from : @BizBob2

Fivver😮
Comment from : @wafaamohammed5059

Amazing ❤❤
Comment from : @Sigmasmeren

I love it here
Comment from : @WhyAskWhyNotChannel

it's 2024 and I'm only 7 minutes in and I'm learning so much 💕💕 This is getting me pumped!
Comment from : @themultifacetedmami

The girl with the Fiverr comment was ahead of her time Big ups
Comment from : @Tatumnscottt

THE HOLY QUR'AN CHAPTER TIME OR MAN ?
Comment from : @riyazkhan-i1r6f

25:30 key metrics
Comment from : @PassportGods

这不是一般写作这是一个告状的全世界在于盗偷的形式多样用上政治与战争。这是一个法律上的進展诉讼请求、因国家领导人的犯罪引领所有盗心的人、在無法無天的争夺搶劫依靠政府与其他国家联盟的用战争抵抗赔偿的把正面事情搬到另一个战争角色谈判,这是个奸诈的问题要给所有人認清事实,作品实际操作系统的时代邪恶心态的变化事件发生过的文章。br问题是没有人用正确的事件處理、引入频繁发生变化战争的预谋存在不对解决的方案。这不是写作、是解决了事件的真实面对面告状。
Comment from : @2017phattang

I have zero trust in anything Wharton Any institution who allows Donand Trump inside it’s doors, must be seriously at fault in quality control
Comment from : @MrMonta77

Fiverr is huge now!
Comment from : @Hockeyisforeverybody

Thanks for a very nice lecture
Comment from : @gowildamit1463

nice
Comment from : @digital0016

Thank you
Comment from : @WheredoDoISATS

Thank you
Comment from : @bigBarter

Party can be any but superiority was and always will be only The Rajput's and Brahmins brThe western civilization concept won't understand that Race is above allLearn it Issac comes from a Royal Blood the problems of My country is also same the explosion of population by the Backwards and , DalitsbrRest we Also draw the lineage from most superior race of world The Thakur's and Brahmins with kayastha are the One who believe in Quality in my country from legislature executive to judicial system and Complete press and newspaper , medical and science field is under our dominance this is called the Power of Qualitybrbr Law and medical is waste for males until you don't have relatives from politics ,judges in High court and supreme court same in medical field every vice chancellor of every private and public universities is from my community it is quite visible that Only Upper caste can make this country viable which is only 1crore out of 140croresbrSee our growth in past 75 years see Delhi,NCR, bangaluru , Pune ,Mumbai and Lucknow,Allahabad ,Patna, Kolkata Only We Thakur's, Rajput, And Brahmins have Monopoly brYou choose bjp or congress only we dominate
Comment from : @EX-Bureaucrat

Loved the lady that mentioned Fiverr
Comment from : @juliopatinopacheco9050

Wharton is the top in business
Comment from : @tsunghsiwu

I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made 460,000k in 4 months from 160k Somehow this video has helped shed light on some things, but I'm confused, I'm a newbie and I'm open to ideas
Comment from : @emilybrown2719

Even the student knew "Fiverr" was on to something special just by her mentioning the company in its infancy Impressive on Fiverr's part & the keen "eye" of the student
Comment from : @socorrocbenitez

It's funny how no one in the room really has any idea of what they want to do This is why studying entrepreneurship in a classroom is ironicbrbrI wouldn't be here if I didn't have a crystal clear vision of what I'm building brbrThis is the beauty of youtube As someone who couldn't afford a Wharton degree and probably wouldn't get in any way I'm able to access the same resources as those who didbrbrStay hungry brbrMay you all build the companies that shape the future of our great country
Comment from : @YAndreaRusso

God Bless the guy who came up with recording it!! By getting a degree in Business I still have never received such a good lecture Thanks from the bottom of my heart!
Comment from : @LoganMoore-r4o

"You are going to build it and no one is going to come How are you going to get people to use your product/service?" This whole seminar was fantastic I loved the audience engagement throughout- thank you a ton!
Comment from : @AustenRamirez663

god bless you my friends
Comment from : @DrizzyStoney

5:54 You're always selling as an entrepreneur If you're not a good salesperson, find someone who is and hire them itomorrow/i The first thing you're selling is iyourself,/i constantly & all the time br6:15 Team section in pitch decks is one of the most important components Who are they? What are they made of? Go very heavy on the team when you're building a business plan, because it's what people flip to right away If you're weak on team and experience, bring on an advisory board br7:25 Education - use it, shout it from the mountaintops Don't undersell the fact that you went to a pretty good schoolbr15:25 Failure
Comment from : @christopherarmstrong2710

Great info! Needs more views
Comment from : @kahele808

He sounds and talks like a dick😂
Comment from : @droopy_911

i wanna see the rest of his lectures any links?
Comment from : @godwincornelius201

When someone started talking (17:31) about Fiverr, I was like wait how old is this video 8 years
Comment from : @ethan_djoseph

Superb
Comment from : @abhyunnati8589

LEARN ENTREPRENEURSHIP AT (TOO STRONG TO FAIL ENTREPRENEUR SCHOOL) PATREON --> SUBSCRIBE TO THIS CHANNEL!!!!!!!!!!!!!!!!!!
Comment from : @sofakings7066

I can't believe these guys are in this class So unprepared
Comment from : @vulimailincoln

20:51 your focus is 🤌
Comment from : @shamsiajdar6142

The lecture is lovely and practicalbrI have learnt a lot This is an ar I have a lot of interest@Shi
Comment from : @ericokenya

The thing that frustrates me is that I understand how to start a business/brand but i dont have the network to move forward I work a full time job and really need to go to school I've realized the real reason these ideas are to quick to be applied in the real world, is because they have the standing network of fresh alumni after they graduate They have no interest in giving the average joe a chance unless they are absolutely robbing you in the long run I've have funding offers with stakes no less than 40 Its humiliating and very discouraging Please, if you're in school and you're reading this, open your mind
Comment from : @69Emoji

The girl who brought up fiverr , that was the company to invest in😅
Comment from : @nakedmason6337

Nice
Comment from : @mlmhouse5751

I'm in the process of doing this right now This was super helpful!
Comment from : @sharxbyte

Seriously first 2:41 seconds has helped more than any other video on this platform!!! brbrWould have completely this some time ago 🥴😐🤔😭
Comment from : @changeoffocus1074

pls is possible teach organization how building business in NIGERIA,IT WILL START BY ZOOM?
Comment from : @jamesonyenso488

Excellent!
Comment from : @rotimiolagbaye

Learning and knowledge
Comment from : @mekkamalaza2240

I can verify the advice provided here prior to structuring your business plan (Former Penn graduate and Wharton student)
Comment from : @snakeridda9

This video just helped me land a deal for larger manufacturing space, additional mid-volume manufacturing contracts, and 6 months of working capital in an equity deal All in one day! Great work y’all!
Comment from : @tylerroe5175

17:35 omg is that fiverr
Comment from : @beepboop8973

what a fraud
Comment from : @mikemoore2119

Everyone who goes on Shark Tank should watch this first
Comment from : @ryandean5788

Comment from : @bhuwannepathya

Little shameful and embarrassing it took them that long to share their ideas
Comment from : @thetorquepreacher8953

Gotta be honest if I was a Wharton student I'd be chomping at the bit to get feedback on my tagline
Comment from : @thetorquepreacher8953

My tip : If you are well connected to a politician, a senator or whatever or if your uncle is Warren Buffet, you don't need those business plans!
Comment from : @atifrehmanfarooqui3862

Thanks for this video
Comment from : @dominickpaul2666

Competitors more is better imo why hell go up against an Apple or Google that has market dominance it shows no one can beat them If there’s 90 means you can easily be 91 or 10,000 be 10,001
Comment from : @edwardbrito4010

At 10:00 is the frontbencher person scrolling Facebook on his laptop?
Comment from : @vipulsharma532

The first guest speaker seemed like he was on coke Lol And he said "long story short" about ten times
Comment from : @pimplepickerton

Pls who knows the book he was talking about
Comment from : @benalpha2078

How different is a business plan and business model?
Comment from : @jacoboyugi9722

now i want a Recycle Bank piggie
Comment from : @Chilling_Charizard

Well worth the watch
Comment from : @ReedoAce

Really informative video, thank you For the girl pointing out that he's a serial entrepreneurist please send me a PM if you see this
Comment from : @Chris-np2rk

1 million views and the guy first row surfing the Facebook :D
Comment from : @dpetrov1985

They fu**;ng hid the dislike countbrHats off democracy
Comment from : @Harshit-bankerLLB

the rakice ok
Comment from : @sureshg2885

very excellent presentation for me!
Comment from : @benblack4337

Thank you for the video
Comment from : @rizalukman7982

Mrs Anna is legit and her method works like magic I keep on earning every single week with her new strategy
Comment from : @soniaava9464

This guy is a great teacher He gave me the same feeling that I get from watching Shark Tank
Comment from : @Christimony222

Disslike just because is from Abdel
Comment from : @swetalv6264

Great session!
Comment from : @chinchorrero

nice
Comment from : @sirdionmagee7356

Is there a follow up lecture? Would love to see it!
Comment from : @tylermorland6658

How to write an specialty restaurant business plan
Comment from : @maheshsataminternalpeace3905

I LOVE THIS THANK YOU
Comment from : @AlexandrasPoints

Har puro Inglés por qué Ai una o no que siempre gastos cuando ago mis clases loan agarrado de punto te conosco mosco Irá llegando a casa veo mi correo electrónico No es ninguna molestia Yo selodire insisto no es ninguna molestia Te volveré a llamar
Comment from : @miguelfernando5212

Soy un estudiante de Ingles del treser IIx ciclo y quiero Aprender max En mis tiempos libres Sol quiero poteciar mi cerebro Quiero Dos mil palabras Acuatrol mil Palabras Ablar lo más fuidobrusaves uno cuando yega busca combersacion No temas somos de los dioses De chocica Como se es cribe
Comment from : @miguelfernando5212

Watching this in 2021 and hearing someone not know what Fiverr is is wild haha
Comment from : @Westwardeast

"an app to meet redhead girls on Thursday" hahahahahaaa
Comment from : @stevevolk2881

do you template?
Comment from : @danielhook6028

Thank you for your insight
Comment from : @kanuamaka5792

Hadir menyimak
Comment from : @bineom9560

people have various idea that they wanna try business but in school, generally speaking, we cant learn how to start, operate, manage the business in real because in school a few real entrepreneur is in school but here, i can write my thoughts based on this '8 things that need to be in a business plan'brso i will gradually fill out my business documents for futrure
Comment from : @조영민-b3t