Welcome to BUS 477 - New Venture Planning

This website provides information about BUS 477 for current and prospective students. It's also a place to share the venture planning resources we use in the course with former students and the wider business community.

The class will be held again in the fall of 2010 at the Burnaby campus of Simon Fraser University. 

If you would like to suggest a resource or learn more about the course, please contact me at any time for a prompt reply.

Fall 2010

Thinking about taking BUS477 this fall?

Videos are Up!

The videos of your team elevator pitches and the feedback from our guest investors is now available under class videos.  

Congrats to you! 

I feel every team should be proud of these.  I encourage you to share your "pitch" with your parents, your friends and potential employers.  If you plan to participate in any other business plan competitions, I strongly encourage you to review these in detail with your advisers.

Grades and Ken Spencer Competition Nominations

I have now completed all of the grading for BUS477. 

By the end of the day tomorrow (Tuesday 1 Dec), I will send each student in BUS477 a personal note.  This note will contain:

  • your individual grade for class participation
  • your team grade for the oral pitch and business plan
  • a confirmation of individual and team grades on all assignments this semester
  • a final grade out of 100
  • a letter grade for BUS477

Please review this note carefully to make sure my records agree with yours. 

Class #14 - Ken Spencer Competition

Tuesday 8 December 2009

 

Time
Topic
Duration
 

WMC 3210 – Dec 8, 2009

5:00pm to 9:00pm

Class #13 - Elevator Pitches (if required)

Tuesday 1 December 2009


Time
Topic
Duration

This class timeslot was reserved for final team business plan oral "pitches".  Given that we were able to complete them all in Class #12, this class has been canceled.

Notes:


Class #12 - Panel Feedback

In our final class, I gave 1,000,000 BUS477 dollars to each of our six guest investors.  Based on the presentation alone (e.g. no business plan or other prior knowledge of the business), they could invest in up to 5 of the opportunities.  How they chose to allocate their cash was left up to them.  Unfortunately, their cash evaporated after class, so there was no incentive to not invest the funny money I gave them. 

Class #12 - Elevator Pitches

Tuesday 24 November 2009


Time
Topic
Duration
  Room 3260 WMC (West Mall Center)  
16:30 Start  
  Kickoff and introduction of panel 15
  Some thoughts from the Assistant Dean of SFU Business 5
16:50 5 teams (@ 15 mins each) 85
  Contingency 15
  Break 15
18:45 5 teams (@ 15 mins each) 85
  Contingency 15
  Results and thank yous 10
~20:30 Pub?  

Notes:

  • 8 minutes of pitch time per team (includes setup!)
  • team presenters will get a warning at 6 minutes and the hook at 7 minutes. You don't have to fill the 7 minutes!
  • 6-7 minutes is for feedback from panel (~1 minute per guest)
  • 6 guests + 24 BUS477 students + ~10 ENSC201 students
  • please see names and bios of our guest panel
  • cameras will be rolling! I aim to have presentations and panel feedback on this site for you, your family and friends within the week
  • I will aim to have grades back to you on your pitches, plans and participation within 5 days
  • Top 4-5 teams will be invited to participate in Ken Spencer Competition
  • Would you like to add something to the agenda? If so, please share below and I will do my best to make sure we cover it

Homework
Tonight is our last class.  You are free... and I'm the one with the homework.  Please take 10 minutes to help me wrap-up:
I hope you enjoyed BUS477.  It was a pleasure to have been your instructor.  I sincerely hope that you got what you hoped to out of the class and the you will have the opportunity to apply what you learned in BUS477 throughout your career. 
Yes, I will now be your Facebook and LinkedIn friend!

Here is the order of team pitches.  Please make sure I have your correct team, company name and product:
Order Team
1

01 - SMI Smart Rope
Chris Snow, Scott Mackay

 

2

02 - Ludus Tech (Golf Tracking)
Dylan Hrycyshen, Sandy Lai

 

3

03 - Celo (Hideaway)
Annie Wong, Vivian Teng, Jay Rolston

 

4

04 - Rogue Avionics
Jahanzeb Khan, Sascha Belagamage, Shan Shan Fu

 

5

06 - Acoustic Aid

Donald Lai, Raymond Leung

 

6

07 - BE Solutions (Security Keypad)

Ania Jurczak, Daniel Chen, Sonny Wan

 

7

08 - Kuumba (Vendiscent)

Ali Alsamaraie, James King, Rob Wallace

 

8

09 - Omnitech (Security)

Aeron Kawakami, Aidin Niavarani

 

9

10 - FizzyLogic (EyeGlass)

Tony Chow, Farhan Bhimji

 

10

11 - Precision Sports (SBag)

Gagan Singh, Sachin Jhanghu

 

 
   

 

Past Guest Panelists for Final Pitch Competiton - 2009

Jackson's Dragons Den

As your instructor, it's my role to assign you a grade for your final oral presentation for BUS477. 

I feel strongly that grades are only part of the learning experience, however.  To that end, I have called a few favors and tapped the heartstrings of several professionals from the Vancouver angel and venture capital community and assembled an expert advisory panel for our last class.

Class #11 - Agenda

Tuesday 17 November 2009

 

Time
Topic
Duration
16:30 Start  
  Agenda. Housekeeping. Questions 15
  Chapter 11, HBR articles review.  Grading Scorecard.  MLM. 30
  Instructor, Team Evaluation 15
17:45 Break 15
18:00 Video and analysis - Sugar High 30
  Dragon's Den (time permitting) 20
  Agenda for next week 10
19:15 Break / back to our class 15
19:30 Guest speaker - Reg Nordman 60
20:30 Finish  

Notes:

  • Questions about the class? Teams? Project questions?
  • Field trip reports?
  • Team member evals
  • MLM as business model
  • business plan evaluation scorecard
  • final class survey
  • Combined class agenda/speaker
  • Would you like to add something to the agenda? If so, please share below and I will do my best to make sure we cover it

Homework
Given that we have a full agenda of presentations next week, there will be no in-class review of readings. I do, however, recommend the following reading to help you refine your final pitches and business plans:

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