ENT141 Entrepreneurship for Social Impact – f/k/a Innovative Social Enterprises
Credits:  3
Enrollment Restrictions:  Sophomore standing is required. Should not take concurrently or sequentially with variants of ENT101 (including CS150, ENT161, BME184).
Additional Notes:  This course is required for the ENT for Social Impact Minor. Offered in collaboration with Tisch College for Civic Life.

Instructors

Amir Alexander Hasson

Amir Alexander Hasson

Amir is a serial entrepreneur with experience developing profitable digital businesses internationally.
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Description

Overview

Learn how to address systemic social and environmental problems AND generate financial returns. Choose a problem based on your personal “why”. Form a diverse team and interview stakeholders. Interact with experienced impact entrepreneurs and investors. Create and present a compelling pitch deck over time. Emerge with greater confidence as a leader, transferrable professional skills, and maybe even a social impact venture!

Learning Outcomes

Students will emerge from this course with the following outcomes:

Entrepreneurial Mindset:

  • Expanded self-awareness and discovery of your personal purpose
  • A bias to pro-actively innovate solutions to problems
  • Seeing success as learning through iterations and “failures”
  • Greater self-confidence and self-reliance
  • Know how to craft valuable questions and actively listen
  • Your own authentic and empathetic leadership style
  • Interpersonal and team collaboration skills

Entrepreneurial Skillset:

  • Know how to research, analyze, and define problems worth solving using primary and secondary market research
  • Understand how to engage stakeholders, conduct interviews, and adapt based on feedback
  • Know how to assess market opportunities from a size and impact standpoint
  • Know how to develop MVPs and generate the build-measure-learn feedback loop
  • Understand marketing and sales techniques for acquiring customers
  • Understand how to capture value with a viable business model
  • Know how to use financial models to inform strategic planning and decision making
  • Understand how to define and track social and environmental impact
  • Understand the fundamentals of venture creation, operations, and funding options
  • Pitching skills in all forms for various audiences

Course Topics and Objectives

Students will learn how to:

  • Explore who they are, what they care about, and why they are drawn to social Entrepreneurship
  • Ask important questions, listen carefully, challenge assumptions, broaden self-awareness, lead with authenticity and vulnerability, “fail fast”, embrace being “wrong”, and work effectively as a team member
  • Analyze and define a specific social and/or environmental problem worth solving
  • Cultivate possible solutions and refine one into a product
  • Engage with and interview stakeholders to improve understanding of the problem and viability of solutions
  • Size the market opportunity associated with the problem and differentiate it from the current market alternatives
  • Characterize the target customer or beneficiary based on their persona and Jobs to be Done
  • Design and develop a minimally viable product (MVP) based on clear value propositions and get customer feedback on it
  • Structure a pilot project that tests critical assumptions
  • Craft a revenue model, sales strategy, and financial model for a pilot project that can scale
  • Define social and environmental impact goals and metrics based on standardized assessments used by impact investors
  • Grasp the essentials of company building, bootstrapping, governance, fundraising, investment types, and investor types
  • Present an impact investment opportunity to investors

What people say

“This course not only touched on how to create a venture for social impact, it taught me many presentation, social, and mental skills to help me in life.”

– An ENT141 Student

“This course made me question how to balance social impact and profits, from both the founder’s side and investor’s side.”

– An ENT141 Student