Did you write a business plan for your business Arch Bong?

Ateneo Professor on Entrepreneurship

Anton Pantoja asked our guest entrepreneur if he wrote a business plan?  Arch Bong curtly answered no.  He said it is common sense:  you know whether you will make money or not.

I hope Anton is not making reference to the course requirement of 30 points why you need to make a business plan.

That is why:

l.  I have been pounding on the business model (and we even had the BMI special report by Bel Tamayo)  It is a thumbnail of the business (that is why the financial:  revenue vs cost side) has to be SMART!.

2.  There is the effectutation entrepreneurship special report by no less than Anton.  These guys, the hundreds of thousands micro entrepreneurs there did not write a business plan.  Look.  They remain micro.

When you borrow money, when you want to expand, when you meet VC, you need a BP.

If you must graduate with an MBA, you must know how to make a business plan.  

Special Report by Anthony Pantoja - Effectuation Entrepreneurship

Hi Sir,

Please find the embed code  in Slide Share for my Special Report on Effectuation Entrepreneurship.

Thank you.

Anthony Pantoja

Effectuation entrepreneurship

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Proposed New Syllabus on Effectuation Entrepreneurship

EFFECTUATION ENTREPENEURSHIP

EXERCISES	PERSONAL GRADED (60 Pts.)	GROUP GRADED (40 Pts.)	EFFECTUATION FORMAT BUSINESS PLAN
1. I am the Best 2. Piercing Potato 3. Unexpected; controlling outcomes (What is in the box of chocolates?) 4. Product Prototyping in class	1. Video , audio on an inspirational song (10 pts.) 2. I wanna be... (5 %) 3.  Draw design or symbol of yourself, collage will do (5%) 4. NU 6 (10 pts.)   1. Traffic   2. Waste disposal   3. School system   4. Pasig River   5. Community   6. Parking   7. Queuing   8. Government System   9. Global Warming 5. BP – 30 pts.	1. Analysis of Existing Product What can be made new? (Say kettle toaster clock) (5 pts.) 2. New Product Design (5 pts.) 3. Product Prototype (5 pts.) 4. PDQ – 5 pts. 5. Micromarket Analysis (5 pts.) 6. New [Manufacturing] Prcocess for: (5 pts.)   1. Efficiency   2. Scaling Up 7. New Business Model (5 pts.) 8. Entrep Talk (5 pts.)	1. Mission I have a dream (What do you want to do?) 1.    Your goals: nation building, sales, customer satisfaction, job creation 2. Your product idea (Concept Business Model) 3. What resources do I have?   1. Talent   2. Skills   3. Money   4. Partners   5. Suppliers   6. Outsourcing 4. What are the opportunities?   1. Micromarket demand   2. Marcromarket development   3. Market size trend 5. Product   1. Competitive Analysis   2. Features   3. How to produce the product   4. Market test 6. Key Activities   1. Inputs   2. Key process (Manufacturing logistic)   3. Marketing   4. Finance

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