MGMT 160
Entrepreneurship and Venture Initiation
Description: Lecture, three hours; discussion, one hour. Introduction to key concepts of entrepreneurship, including new product development, finance, business plan development, and technology commercialization. Basic tools and personal characteristics required for entrepreneurship. Terminology used by lawyers, accountants, venture capitalists, and other investors when forming and financing new companies to be developed as startups, spinouts from existing company, or acquisitions of existing company (or its assets). Assessment of feasibility of business concept and communication of concept to potential investors, employees, and business partners. Discussion of technology feasibility, intellectual property, and licensing. Letter grading.
Units: 4.0
Units: 4.0
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Most Helpful Review
Fall 2021 - IF YOU ARE TAKING THIS CLASS BECAUSE YOU WANT TO ENROLL IN THE ENTREPRENEURSHIP MINOR THEN PLEASE READ MY REVIEW. I have completed the minor and graduated, here is what I wish I knew. MGMT 160 is actually one of the easier if not the easiest MGMT class you will take. Yes, it is a weeder course but the bulk of your grade is determined by your scores on the exams, and the exams are identical to the weekly study lists questions that Nathan hands out. And the exams are open note so you can bring as many notes as you want to the class. All the other MGMT classes determine your grade based off the group project, which takes way more time than preparing for 160's exams. The group projects are shit shows and usually 2/3 people will have to do the heavy lifting for the group of 5/6, it's a disaster. Now the Entrepreneurship minor as a whole is the biggest waste of time, do not enroll in this minor. You will literally learn nothing about Entrepreneurship. For starters half of the Professors themselves are failed Entrepreneurs with not a single successful venture to their name, the other half of them that were successful have courses that demand too much and are assholes. Back to the main issue, none of these classes teach you HOW to do Entrepreneurship, they teach you what it is but not HOW to do it. Most of the time this is common sense. Like for instance, we were taught about the two types of revenue streams (recurring and one time) and the advantages of each. Well congrats if you have more than three braincells you already knew this or could easily find out what the two revenue streams are and why one is better than the other. Another example of this is the Value Proposition Canvas that says that your product / service has to either solve a pain for the customer or create them some sort of gains. Do you see my point about this, this is literally information for retards of course your stupid fucking product has to solve some sort of issue otherwise it won't be successful. These are not isolated incidents, everything you learn in this minor is complete bullshit. Instead of wasting your time listening to all these failures of Entrepreneurs, go out and try some ventures on your own. Enrolling in this minor was the worst decision that I ever made. I knew that I was not going to learn anything of value within the minor I just did not know that it was going to be THIS time consuming.
Fall 2021 - IF YOU ARE TAKING THIS CLASS BECAUSE YOU WANT TO ENROLL IN THE ENTREPRENEURSHIP MINOR THEN PLEASE READ MY REVIEW. I have completed the minor and graduated, here is what I wish I knew. MGMT 160 is actually one of the easier if not the easiest MGMT class you will take. Yes, it is a weeder course but the bulk of your grade is determined by your scores on the exams, and the exams are identical to the weekly study lists questions that Nathan hands out. And the exams are open note so you can bring as many notes as you want to the class. All the other MGMT classes determine your grade based off the group project, which takes way more time than preparing for 160's exams. The group projects are shit shows and usually 2/3 people will have to do the heavy lifting for the group of 5/6, it's a disaster. Now the Entrepreneurship minor as a whole is the biggest waste of time, do not enroll in this minor. You will literally learn nothing about Entrepreneurship. For starters half of the Professors themselves are failed Entrepreneurs with not a single successful venture to their name, the other half of them that were successful have courses that demand too much and are assholes. Back to the main issue, none of these classes teach you HOW to do Entrepreneurship, they teach you what it is but not HOW to do it. Most of the time this is common sense. Like for instance, we were taught about the two types of revenue streams (recurring and one time) and the advantages of each. Well congrats if you have more than three braincells you already knew this or could easily find out what the two revenue streams are and why one is better than the other. Another example of this is the Value Proposition Canvas that says that your product / service has to either solve a pain for the customer or create them some sort of gains. Do you see my point about this, this is literally information for retards of course your stupid fucking product has to solve some sort of issue otherwise it won't be successful. These are not isolated incidents, everything you learn in this minor is complete bullshit. Instead of wasting your time listening to all these failures of Entrepreneurs, go out and try some ventures on your own. Enrolling in this minor was the worst decision that I ever made. I knew that I was not going to learn anything of value within the minor I just did not know that it was going to be THIS time consuming.
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