Course Deliverables
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1
WELCOME
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Welcome to the Right Choice Program
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2
RIGHT CHOICE PHASE ONE (Idea)
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Phase One Milestone: "Right Idea" - Have you identified a need that your customer will pay for?
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Right Idea: Step #1 - Business Description, Value Proposition, and Problem/Solution/Benefit
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Right Idea: Step #2 - Intellectual Property
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Right Idea: Step #3 - Customer Discovery/Development, Target Market, Beachhead Strategy, and Business Model Canvas
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Right Idea: Step #4 - Market Research and Competitive Analysis
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Right Idea: Step #5 - Non-Disclosure Agreement (NDA)
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Phase One Milestone: "Right Idea" - What You Just Accomplished.
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3
RIGHT CHOICE PHASE TWO (Plan)
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Phase Two Milestone: "Right Plan" - Now, it is time to create a solid foundation for your business.
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Right Plan: Step #1 - Forming Your Business
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Right Plan: Step #2 - Financial Forecasts
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Right Plan: Step #3 - Marketing and Sales Plan
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Right Plan: Step #4 - Operations and Staffing Plan
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Phase Two Milestone: "Right Plan" - What You Just Accomplished.
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4
RIGHT CHOICE PHASE THREE (Execution)
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Phase Three Deliverable: The "Right Execution" - Your idea is valid, your plan is in place, it is time for execution.
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Right Execution: Step #1 - Management Team
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Right Execution: Step #2 - Advisory Board
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Right Execution: Step #3 - Needs Analysis for Business
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Right Execution: Step #4 - Milestone Plan and Timeline
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Phase Three Milestone: "Right Execution" - What You Just Accomplished.
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5
PUTTING IT ALL TOGETHER (Business Summary)
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Your Draft Business Summary Content
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1. Your Startup Pitch (Slide) Deck
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2. Sample Formats of Executive Summaries and Short Proposals
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3. Components of a Full Business Plan Proposal
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Meet the Criteria of an Early-Stage Michigan Program?
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Michigan Supporting Your Entrepreneurial Journey (MSF/MEDC Packet)
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Michigan Minority Supplier Development Council
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CMURC Accelerator Transition Checklist
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