Willdoo’s 6-Day Entrepreneurship Boot Camp at Bharathidasan Government College for Women
From July 24th to July 31st, 2024, Willdoo Education proudly hosted a 6-day Entrepreneurship Boot Camp at Bharathidasan Government College for Women. The boot camp was led by our COO, Mr. Sankaranand Balaradjou, and aimed to provide students with a practical understanding of entrepreneurial processes, market opportunities, and how to turn ideas into real businesses.
Here’s a breakdown of the key highlights from each day of this exciting journey:
Day 1: Foundations of Entrepreneurship:
The boot camp commenced with an engaging exploration into the world of entrepreneurship. Students were introduced to the fundamental principles that form the backbone of entrepreneurial success. Instead of merely focusing on the mechanics of starting a business, the session emphasized cultivating an entrepreneurial mindset. This included fostering creativity, recognizing opportunities, and embracing calculated risks. Participants were encouraged to think outside the box, challenging themselves to view problems as opportunities for innovation and growth. This foundation laid the groundwork for the dynamic and hands-on learning experiences that followed throughout the boot camp
Day 2 & Day 3: Immersion in Design Thinking:
Days two and three were dedicated to design thinking, a key approach in modern entrepreneurship that emphasizes empathy, ideation, and iteration. Students learned to empathize with customers, define problems, and generate innovative solutions. Through interactive workshops and team exercises, they practiced identifying customer needs and brainstorming potential business ideas, turning theoretical knowledge into hands-on learning. This process helped students understand how to approach business challenges from a user-centered perspective.
Day 4: Business Model Canvas: Structuring Ideas:
On the fourth day, students learned how to structure their ideas using the Business Model Canvas, a tool that outlines the key components of a successful business. They explored customer segments, value propositions, revenue streams, and key partnerships. This session provided them with a clear framework to map out and refine their business concepts. By the end of the day, students had a comprehensive visual overview of how their business could function.
Day 5: Pitching and Presentation Techniques
The fifth day was all about communication. Students were taught how to present their business ideas effectively, preparing them for real-world scenarios where pitching to investors and stakeholders is crucial. Pitching models were shown to students, demonstrating how to create engaging presentations that captivate an audience and convey the core value of their business ideas. The session highlighted the importance of storytelling, clear communication, and confidence in delivering a compelling pitch.
Day 6: Key Concepts for Entrepreneurs: MVP, Funding, and Marketing
The final day wrapped up with an introduction to essential entrepreneurial concepts such as Minimum Viable Product (MVP), where students learned the importance of launching a simplified version of their product to test market demand. They were also introduced to financial terms and funding strategies, giving them a better understanding of how to secure resources for their ventures. Marketing strategies like go-to-market (GTM) were covered, showing students how to develop a plan to launch their product. Additionally, the session explored market opportunities through concepts like TAM (Total Addressable Market), SAM (Serviceable Available Market), and SOM (Serviceable Obtainable Market), providing insights into how to measure potential market reach and growth.
The Journey Ahead
This 6-day boot camp empowered students with a clear roadmap to pursue their entrepreneurial dreams. From mastering design thinking to structuring a business model, pitching ideas, and learning key concepts like MVP and market analysis, participants left with a comprehensive understanding of the startup ecosystem.
Willdoo Education is proud to have been part of this journey, and we’re excited to see how these students will apply their newly acquired skills to build successful businesses in the future!