Whiteboard Youth Ventures: A Radical New Approach to Student Entrepreneurship
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A radical new approach to student entrepreneurship http://whiteboardyouthventures.com
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Transcript of Whiteboard Youth Ventures: A Radical New Approach to Student Entrepreneurship
A radical new approach
to student entrepreneurship
http://whiteboardyouthventures.com
Why radical?
Rad·i·cal Truth /ˈradək(ə)l troo͞TH/
noun
1. An unconventional, but ultimately accepted governing principle around which to make decisions;
2. A surprisingly antithetical description of the status quo;
We are guided by 3 radical truths.
1
Entrepreneurship programs should be led by and taught by
entrepreneurs.
Not consultants, not instructors, not former entrepreneurs
2
We learn exponentially more through execution than
simulation.
Real Companies. Real Strategies. Real Sales.
3
The objective of student entrepreneurship programs
should be sustainable growth, not investment.
“Nothing happens until you sell something…”
Knowledge Practice
Business Models
Value Proposition
Segmentation & Targeting
Financial Analysis
Competitive Strategy
Channels & Distribution
Validation Hypothesis Testing
Content Marketing
Customer Acquisition
Sales Cycle
Advertising Experiments
Prototyping
Customer Service
Business Models
Value Proposition
Segmentation & Targeting
Financial Analysis
Competitive Strategy
Channels & Distribution
Validation Hypothesis Testing
Content Marketing
Customer Acquisition
Sales Cycle
Advertising Experiments
Prototyping
Customer Service
Knowledge Practice
Young Entrepreneur
Challenge
Founder’s Academy
Launch Program
Multiple Cities
18-55 Students
Business Modeling
Ideation
Hard Skill Practice
Dedicated Mentors
6-8 Students/Team
Flagship Cities
12-24 Students
Validation
Early Traction
Business Execution
Shared Mentors
2-4 Students/Team
Launch Program Real Companies. Real Strategies. Real Sales.
Bringing companies owned and operated by students to market
No Equity. No Tuition.
Dedicated 1-2 Entrepreneurs-in-Residence per venture
Ne
t W
ort
h
Companies
A B C D E F G H
Source: Zero to One, Peter Thiel
Typical Venture Capital Fund
Launch Program Model
Cas
h G
en
era
tio
n
Companies A B C D E F G H
Payback to Whiteboard is contingent upon success
Whiteboard Youth Ventures Model
Entrepreneurs-in-Residence
VIRTUAL SUMMER MENTOR
GUEST SPEAKERS
RESOURCES
CONTENT MARKETING
BUDGETING
E-COMMERCE MOBILE
ANALYTICS
TRAVEL OPPORTUNITY PROTOTYPING
EXPERIENCES
BLOGGING
ENTREPRENEURS
TEACHING & LEARNING
