M43 Lesson 1 Notes: Intro to Startups
Section 1: Cohort Introduction
Class Activity: Everyone will quickly share their name and why they joined the M43 program.
Section 2: Exploring Different Business Types
Class Discussion: Give examples of the following business types:
Side Gig
Side Hustle
Lifestyle Business
Startup
Group Class Activity: Class members share what category they think their business is in and why.
Section 3: Lean Startup Principle
Review what lean startup means, why it’s important, and provide examples.
Class Video: LEAN STARTUP IN 5 MINUTES (OR LESS)
Section 4: Positives and Negatives of Entrepreneurship
Class Discussion: Share myths, stories, and facts about becoming an entrepreneur.
Class Activity: Q&A with former M43 student/entrepreneur
Homework:
Each student will research competition to their business idea
If student does not have an idea yet, find the top 3 daily/weekly problems that annoy them the most
Be prepared to share why they think their business idea is better or will be more successful
If a student doesn't have an idea, find 3 possible solutions to the problems they identified.
Schedule a 1-on-1 mentor meeting