To help with the COVID-19 crisis, we’ve fast-tracked the development of new online-ready exercises – which you can use individually or as a set – called the ExEC Online: Express pack, available free through June.
Our first lesson, Problem-Inspired Idea Generation, is ready for you to use!
Idea Generation is a Skill
Customers don’t buy products, they buy solutions to problems – and during this crisis, people’s problems have changed dramatically. This exercise will show your students a repeatable way to generate business ideas, inspired by their customer’s problems, that will become the foundation for opportunity identification skills they can use throughout their careers.
3 Steps to Better Ideas
Problem-Inspired Idea Generation creates an experience where students:
- Learn why great business ideas come from problems.
- Brainstorm people they’re passionate about solving problems for.
- Hypothesize, and prioritize, those peoples’ problems.
Those hypothesized problems kickstart your students’ customer discovery and/or solution ideation processes, resulting in more meaningful, and more feasible business ideas.
Engage Your Students
Our goal is to create highly interactive, experiential exercises. You can review this lesson to see how it can help you engage your students online with tools like:
- Interactive Digital Worksheets your students can fill out and turn into you online
- Video overviews for students
- Sample slides for you to use with any live, or recorded, videos overviews you’d like to (optionally) produce for you students
- Assessment recommendations
Get All Four Free Lessons
The ExEC Online: Express Pack is a collection of free, interactive, online entrepreneurship lessons available through the rest of this term that you can easily plug into your class individually or as a set.
In addition to Problem-Inspired Idea Generation, we’re releasing three other exercises that are not only engaging, but particularly relevant in this time of uncertainty:
- How to Interview Customers: Now that business model assumptions have been flipped on their head, it’s more critical than ever that students learn how to effectively talk to customers to discover what problems they’re facing. A person with the skills to learn about how this new world will effect people individually, is a person that will thrive during this, and any future dramatic changes. This lesson will help students understand how to find customers to talk to, what questions to ask, and most importantly, why asking them will form the basis of a successful business model.
- Financial Projection Simulator: With a global recession looming, it’s essential our students understand the elements of a robust financial model, and how to develop a sustainable one. This exercise makes finance approachable by turning what would normally be an overwhelming series of numbers, into a game-like experience that enables students to experiment with many different financial models.
- 60 Minute MVP: The key to thriving in the face of high uncertainty and limited resources is efficient experimentation. This exercise will show your students how to quickly launch a Minimum Viable Product (MVP) to measure demand for their products/services. Plus, even outside the entrepreneurial context, in a future where online, remote-enabled work will likely be in demand, this is a great opportunity for students to learn how to build websites and create animated videos.
We’ll be making each lesson plan available as soon as it’s finished, so if you’re interested in using any of the exercises from the ExEC Online: Express Pack, please fill out the form below.
Due to the accelerated pace we’re releasing these lessons, the first iteration will be designed for use in colleges/universities in the US and Canada. Future iterations will be accessible to students across a wider range of environments.
Get All the ExEC Online: Express Pack Lesson Plans (Free)
Know an Entrepreneurship Instructor?
If you know anyone who these new lessons might be help, we welcome you to invite them to participate. You can:
- Email them this URL: https://bit.ly/ExpressPack
- Click here to share on LinkedIn
- Click here to share on Facebook
Thank you for all the work you’re doing teaching, and supporting, young people during this challenging time – we’re grateful to have an opportunity to support you, and look forward to helping you however we can!