HTE401b
Launching a Startup - the flywheel ‘astra’ thinking
Faculty
Hannes Chopra
CEO of RaSa Consulting UG
Course length
Duration
Total hours
Credits
Language
Course type
Fee for single course
Fee for degree students
Skills you’ll learn
Overview
In the role of entrepreneurs, students will decide their designated roles, company positions and other key decisions of a founding team among themselves, as well as whatever else hasn’t been decided yet. The teams will also engage directly with prospective customers and adapt and iterate their core strategies on the basis of these interactions.
Through this experiential and iterative process, students develop and strengthen their ideas, culminating in a final presentation from each team to the entire class. By the end of the module – including Startup 101 - the students will have been taken through the real decision-making and strategic challenges of a high-tech entrepreneur and the dynamics inherent in building and growing a business idea within a team. Engagement within the teams, and with classmates more broadly, will be central to the experiential learning process; this is an intended lesson of the course since this form of collaboration is also essential to success in high-tech entrepreneurship.
Theory and lessons supplement the team-oriented experiential components of the course to create a comprehensive understanding into what it takes to go from an entrepreneurial vision through the journey of an entrepreneur.
Learning highlights
- Key lessons and objectives are discovered through each of the phases of the course.
- After revisiting the learnings from the Startup 101 course we will add the aspects of exponential thinking into the startup journeys. We will then look at the intricacies and challenges every founding team must face. We will deepen the value proposition and will address practical issues like allocation of equity, issues related to the culture and values binding the team members. All of these principles take center stage as the concept begins taking root within a real company. Issues of incentive alignment, compensation forms, and other key lessons related to company structure are introduced in this phase.
- In the Scale Up and Growth phase, we will again look at the value to customers and will get direct feedback. Rapid prototyping and lean startup methodology become key lessons to help students recognize the value of seeking feedback and direct customer engagement as early as possible. Students are introduced to the concept of a Minimum Viable Product (MVP) and the importance of being able to pivot the company on the basis of an iterative process of evaluation and customer feedback.
- We will look at different ways of value creation and will conclude the module with final pitches taking all the learnings before into account.
Course outline
10 classes
Class 1
Reflection & topics to address
Class 2
Abundance – Business Formation reflection & improvement
Class 3
Flywheel – Refining business approach & experimentation
Class 4
Concept Formation - Part I
Class 5
Pre-pitches & learnings
Class 6
Value proposition & MTP
Class 7
Scale Up and Growth – Part I
Class 8
Scale Up and Growth – Part II
Class 9
Value Creation
Class 10
Pitches
Hannes S. Chopra is the CEO of RaSa Future Fund, a private equity fund investing into early stage technological start-ups disrupting the financial/insurance world. He is also the CEO of RaSa Consulting UG, a boutique leadership development firm.
Hannes is passionate about personal and leadership transformation of executives and leaders. ‘The next 10 years belong to us, humans. We will finally start discovering our true self and unleashing our humanness. We will disrupt our old-style life and old self. Technology will be a fantastic enabler helping us along the way. Enabling leaders to realize themselves is the key to enabling change in our transformative world.’
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Launching a Startup - the flywheel ‘astra’ thinking
by Hannes Chopra
Total hours
30 Hours
Dates
Oct 05 - Oct 16, 2020
Fee for single course
€1000
Fee for degree students
€500
How to secure your spot
Complete the form below to kickstart your application
Schedule your Harbour.Space interview
If successful, get ready to join us on campus
FAQ
Will I receive a certificate after completion?
Yes. Upon completion of the course, you will receive a certificate signed by the director of the program your course belonged to.
Do I need a visa?
This depends on your case. Please check with the Spanish or Thai consulate in your country of residence about visa requirements. We will do our part to provide you with the necessary documents, such as the Certificate of Enrollment.
Can I get a discount?
Yes. The easiest way to enroll in a course at a discounted price is to register for multiple courses. Registering for multiple courses will reduce the cost per individual course. Please ask the Admissions Office for more information about the other kinds of discounts we offer and what you can do to receive one.