Lecture
This lecture covers key aspects of planning for entrepreneurship, including operations, funding, and team growth. It discusses pitching to investors, validating product-market fit, scaling operations, and planning for funding sources. The importance of the entrepreneurial team and venture team for VC assessment is highlighted. Tools like the Business Model Canvas, Value Proposition Canvas, and Market Opportunity Navigator are introduced. The lecture emphasizes the significance of a well-structured business plan in convincing oneself, obtaining financing, motivating the team, and securing contracts. It also explores the Effectuation Theory and the process of resource expansion in entrepreneurship.